THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Charity Registration No. 265815 JBSP British Society of Periodontology and Implant Dentistry
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Professor Michael Milward Presidént 2023 Dr Rajall Nansi PSIdent 2022 Professor Wendy Tumer Honorary Secretary Dr lan Dunn Honoiary Treasurer Professor Philip Preshaw Pregideni Eleet 2024 Profe85or Nico18 Wesl President Elect 2025 Professor Gery Linden Senior VI Presidonl DrAlexandei Pollard Honorary Editor Dr Viien Vilhlani Cornmercial Liason Officer Dr Paul Baker Pr85ident Elèet 2026 R8sign8d 31 Oecember 2023 Appointed 1 January 2023 Appointed l January 2023 Appointed 1 January 2024 Charity number 265815 Princlpal address POBox261 Liverpool L25 6VVP Independent examiner Alison Whalley FCA Azets Audit Services Ltd Cadton House Bradford BD14NS Bankers Bank of Scotland 33 Old 8road Slreel London BX21LB CAF Bank Lld 25 Kings Hill Avenue Kings HI15 West Mailling Kent ME19 4JQ
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY CONTENTS Page Tntrstees report Independonl examsnerf$ report 11 Statement of financial activities 12 Balance sheet 13 Note8 to the accounts 14-25
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 1.0 Introduction The T¥ustees presenl their reporl and financi31 statements for the year ended 31 December 2023. The accounts hav8 been prepared in accordance wilh the accounting policie8 Sel out in nolg 110 the accounts and comply with the Charity's Trust Deed dated 19th July 1949 and amended in 1999. the Charities Act 2011 and °Accounling and Reporting by Chariligs.. Slalemenl of Recommended PrdLIILe applicable lo charities preparing their aecounls in accordance with the Finanrial Reporiing Standard applicable in the UK and Rewblic of Ireland IFRS 1021 (affective 1 January 20191. 1.1 Stru¢ture and Objèetlvès of the Society The Society is a registered charitable Trust, regulated by ils original Trusl deed dated 191h July 1949, snd amÈndèd in 19g9. The Trust Deed provides for a Conslilulion and Bye Laws of the Society. The obje¢tives of the Society, as stated in the Constitution and Bye-Laws are lo-. ' lo promote lorthe g8n6rÈlhe3lth, wellbeing and knowledge of the publiG, Ihe art andscience oftlentistry and in particul8rth8 art ancl s¢lence of periodontology and denlalFmplaiilology and in furth8r8nc8 th8th01 to advance 811 aspects of periodonlology and deiital Fmplanlology and lo piomole improvéments in th6 teaching of Ihe same." In selling our objectives and planning our activities our Trustees have given careful considerallon to the Charily Comrnission's quidallee on public benefit when reviewing the Society's objectives and in planning future activities and making grants for the lorth¢oming year. 1.2 Principal aetlvitlès Over tllll8 the Council has developed Ihe following a¢tivities as the princspal mÉAng of achieving our tharitable objectives for the benefit of the public". Circulale educalional malertal to our members including the Society's main publication 'The JouTnal of Clinical Periodontology Organise n8tional conferences devoted lo P&Tiodontology', Org8nise webinar based educational lectures., Organiso short courses to help dental care Professionals develop and improve their knowledge and Fund research and teaching related to the understanding and treatment of periodontal diseases., Provide through our website educatiDn81 information lor periodontisls, general dentis18, dental care piole8sionals and students.. Provlde through our website information lor palignls that will inform their understanding of periodontal diseases and enable them to identify the geographio location of our member8, Ptaetices. We also produce educational leaflets about perlodontal disease and its management for our p81i8nts and the public,. Produce paiameters of care documents for denlisls to follow when treating their patients with periodontal disease., Frorn time to time. make donations It) othèr charitable bodies for the furtherance ol dental education., Advise regulatory bodies and organisations Such as the Department of Heallh on care pathways. 1.3 Public Bènefit The Truste88 have compligd Wfflh thfj duly under ChantsAG1 2006 s.4 to have due gard to guidahJc6 published by the Charily Commission in relalion lo Public Benefit.
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 2.0 Membership Membership of the Society is unlimited in number. Members musl be registered in the Medical or Dentists, Register or hold such other qualifications as Council approve, regislered as a Dental Undergraduate in the United Kingdom, or be members of an affiliated Society. The membership categories are.. (al Honofary Membership is bestowed upon a small number of figures in re¢ognitlon of their unique ¢onlribulion lo Periodonloiogy al international level. Membership is fre8 (bl Full Membership.. includès subscription lo the SGisnlifi¢ publication, the Journal of Clinical Periodonlol(uy, which is the official publication of the British Society of PeTiodontoltsgy and Implant Dentistry, and of the Eiiropean Federation of Feriodonlology. In 2002, the Journal became available electronically and the European Fecteration ol P6riodonlology ruled that all Full M8mbcrs of ils constituent societies musl reGeive the electronic Journal subscription as part of their membership, with the papei Journal being 8vailable as an option al an increased membership cost. Al the Annual General Meeting of the Society16* September 20231 members voted not lo increase membership subscriptions. Full membership costs £177.00 for electronic Journal subscribers and £237.00 for members receiving the printed Journal. All Mebe[S continue lo benefit from free webinars and reduced registration rates al the larger meetings held by the Society. P05tgraduate Student Membershlp and Specialist Registrars." The subscriplion for registered full-lime poslgraduale students and Specialist Registrars was adopted by the Society al the Annual General Meeting on 26th September 1997. Al the Annual General Meeting on 181h September 1998, it was agreed Ihal the redUd subscription should be available for a Maximum of four years of study. Al the AGM on 6th September 2023 members voted not to Increase membership subs¢riplions, Postgraduate membership costs £117 for electronic Journal subscribers and £177 for members reiving the printed Journal. Poslgraduale members and Specialist Registrars have full voting rights. {cl Idl First 3 Years Category was introduced 8t the 2005 AGM and relates lo a reduced membershlp category lor newly qualified denlisls up lo 4 yegrs post qualification. During 2017 il was decided that this would be reduced to 2 yeais lor new appli¢anls in line with other socielies. During 2023 il was decided that thi5 would be extended lo 3 years for new applicants. Al the AGhA on 6th September 2023 members voted not lo increase membership subscriptions. New graduate membership costs £117 foi electronic Journal subscribers and £177 lor members receiving the printed Journal. le) Dental Hyglenists and Dèntal Therapists. At the AGM on 6th September 2023 members voted not to increase membership subscriptions. The cost is £117 for electronic Journal subscribers and £177 for members receiving the printed Journal. Dental hygienists and dental Ihorapisls are full members of the Society. (fj Retlred members of the Society IAs$o¢iale)'. This category replaced the former category of 'Corresponding Membership. and was approved by the AGM of 2011 September 2002. Associatès of the Society do not ieceNe tho 8leclror¢ic Journal and have no voting rights but pay an annual subsoTrplion rale of £80. Igl Othèr Dental Care Professlonals IAssDcialel who are registered with the General Dental Council. Al the AGM of 6th Soplember 21123 members ratilied the subscription rale of £80.
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Achievement$ and performance Ihl Undergraduate Student Membershlp IAssoci2te}, including students on DCP courses, was introduced al the Annual Gèneral Meeling1161h September 1999). At the AGM of 10th Oct 2018, il was decided lo make Membership wilhoul the eleclrtsnic joum81 free. In 2019, Fl was agreed lo charge a one-off aérninislralive fee of £10 to cover the cost of printing and postage. UndergTaduales remain rllembers of the Society for the duration of their tjndergraduale course. At the AGM of 6th September 2023 members ratified the subscription rale of £10. lil Member of a European Society IAsso¢ialel who already subscrib&s lo the electronic Jtsumal DI Clinical Periodonlology beneflls from a reduced subscription rale of £80. 01 Overseas Dentlst M8mbèrs', full membership with electronic journal £187, and with printed journ81 £247 3.0 Revi&w ofthe Year 3.1 Subscrlptions The Society's subscription year is from 1 st January lo 31st December, followng the alignment of financial and subscriptioll years in 2Q02. Al the end of 2023, the Society had 1620 members. 3.2 Sclentlflc Meetings The Exchan e Birmin ham On the morning of Wednesday 11 October 2023, the Society held a joint meeting with the Periodontal Research Group of the British Society for Oral and Dantsl Researth IBSODRI. The 8SODR actively engage and support Èarty career researchers IECRI. The term ECRS relates to any early career academic, whether clinical 01 non-clini¢al, who has an interest in the full range of oral and dental research and can range from undergraduates lo PhD students, and eveiylhing in betwèen. Professor Milwaid's aim in organising the joint meeting was lo help support ECRS in developing their careers and in delivering future research lo benefit our patients. This complimented the annual BSP Conference theme. ' Teams - working logether for success,. as il encompassed the important work done by researchers. as th tacklè some of the healthcare ¢hallenge8 we face and help us lo achieve better health otjtcomes for patients across the UK and aTound the world. The ICC Birmin ham 2023 The BSP 2023 Conference look place at Th& ICC, Birmingham, on 11-13 October 2023. The Conference aimed al engaging all members of the oral healthcare community and was based on Professor Milward's stiong belief that we need to work ¢5osely together with a common goal in order lo deliver the best Irealmenl outcomes for our patients. The Conference lectures developed the 18amwork theme, from patients views and opinions, contemporary patient management, working with other dental specialties, Ihrough lo the futuré of periodontal care. The event provided a wonderful opportunity for the whole dental team lo enjoy an exciting mix of presenlalions, workshops, networking and stscialising. The sell~oul evonl was a great success and th@ feedback from delegates was excellent.
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 3.3 Charllable work The Society continued with its charitable work throughout the year, predominantly through the educational programme, dissemination of information lo the public and profession and sponsorship of research and educational prizes lo aid the career development of young professionals. 3.4 BSP Patient Forum The members of the BSP Patient Forum, led by Professor lan Needleman and Professor Shauna Culshaw, continue lo help shape the future of gum health in the UK and work with our Socioly. Over the last Iwelve months, the Forum members havè continued lo meet online have parti¢ipaled in many initiatives including the SDCEP updated guideline workshops, BSP Peri-lmplanlilis Treslmenl GLtidglines workshops, a series of patient information videos and a patient symposium for undprgraduales. The Forum priorities are: Promoting goDd gum health and the prevention of gum dlsease Effect of gum health and wellbeing Access for gum health care Mr Julian Ekiert reached the end of his term as Palienl Forum Council Represenlalive at the end of 2023 and Mr Andrew Cundy has kindly taken over this rol$, which gives a voice lo the patient comn)unily and greatly helps the Society by informing and influencing OUT acllvlly, PDli¢y and strategy. 3.6 Natlonal Campalgn On 12th May, the Sodety participated In the pan European campaign, Gum Health Day, to raise awareness ofthe importance of gum health. The 2023 campaign slogan, "Healthy gums look good on youl Protect theml" was intended lo reflect that healthy gums are part of ou¥ wellbeing and beauty.11 also ¢onveyed a powerful message encouraging everybody lo priorilise prevention and maintenance of their gum health, which ¢onlribules to enhancing people's overall facial aesthetics and therefore their self-confidence in everyday social aclivilies. The Society worked wqlh BSP Undergraduate RepsentatIves, students and staff al Dental and HygienelTherapy Schools in Aberdeen, Cardiff, Liverpool, KingslGuys Hospital London and Manchester to sel up fanlaslic events lo promote GUM heallli Day lo patients and the public. They created a stand anof spent time al busy locations, handing out 'PeiTodonlal Health Tora BellerLife- leaflets to members of Ihe public lo gel across the important message about the importance of gum health. 3.6 BSP Implementation of the EFP'S S3 TreatFnent Guldellne for Peri-lmplantitls In September, the BSP began the task of reviewing the final recommendaliDns of the EFP Peri-lmplanlilis Trttatmenl Guidelines lo ensure they were appropriate lo share with UK dental professionals Iden118ts, hygienists. therapist51. patients and thè public. Professor West and Professc)r Kebschull led four working groups who mel online to locus on the syslernalic reviews in the publiGalion. 11 is expected that the paper will be pubSished in the Journal of Denlislry in sprinsumMr 2024. with open accèss lo all.
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 3.7 Awards & Prlzes During 2023 the following Prizes were swarded.. PRIZE Award Audlt award £500 Beanl Thandi Sir Wilfred Flsh Research Prlze Nlamh Coffey £1,QOO "Periodontal Disease prevalence 2nd Otsl Hygi8n8 in Adults with CysliG Fibro8." S stematlc Review Prize Nor Shallna Blnti Mohamed Nazari £1,000 'Assessmenl M&lhDds of Gi17gival Tissue Volumo.. A sysl9m8t R@vW.. BSP Clinlcal Fellowshi award Patrick Fee Jasmine Loke Giuseppe Mainas Up lo £4,000 p&r award Frank Ashle Unde raduale Prlze Robson Chiremba £500 BSP Research Grant Up to £5.000 per award Kitty Guo Poster Prlztr Clinical.. Ursala Jogexal £6DO each R8s8arch: Vanala Krishna Naik In addition lo the BSP Awards, the Society conlributd £5,000 lo a Faculty of Dental Surgery al The Royal College of Surgeons of England Pump-Prlming Grant.
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 The recipient of the 2023 FDS.BSP Pump-Priming Cranl of £10,000 was Zehra Yonel, from the University of Birmingham to support her research project enlilled, 'Does inllammatory bowgl disease &llerlh$ detection of 8nd gum disease in salwa? 3.8 Educational Events- The Society continues lo be èxtremèly active in delivering education across the UK. Listed below are the activities undertaken in 2023 Date Type of Event Title Presenter 9h January 2023 Webinar How periodonlilis affects the body. The perio-syslemic Dr Praveen Sh8Tma 27N) April 2023 Webinai Prognosls ol periodonlally involved teeth- how good are we? Prof Francig Flughes 8VI June 2023 Webinar The Periodonlilis-Diabeles Interface.. A Sweet Encounter in General Dental Practice Dr Devan Raindi 191h May 2023 Maslerclass BSP Masterclass- Aeslhelic Crown Lengthening . Aesthetic crown lengthening - A systematic way ol Ireallng Gummy Smiles. Dr Milul Shah 25th July 2023 Webinar Behaviour Change in Denlislry- How to support perio Patients to change IhÈir behaviour Dr Koula Asimakopoulou 3rd Odober 2023 Webinar EFP- WONCA (World Oryanisalion of National Golleges & Associations of Family DoGlorsl Workshop Impact of Periodontal Health on Overall Health Prof lain Chapple 11_13Ih Oclobet Conference BSP Conference 2023 Prof Mike Milward 141h November 2023 Webinar Peri-implanlitis- the host bacterial communication Dr Purn1ma Kumar 6th December 2023 Webinar Monitoring and Mainlalning Dental Implants in General Practice Mrs Kathryn Mayo & Mrs Jenny Walker
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Other events: BSP at the British Dental Conference & Dentlstryshow: The BSP Team allended this event in Many 2023. Prof Mike Milward and Mrs Paula Dunn workéd al the BSP sland, promoting membership, distributing resources and answering clinical questions. Dr Rajan Nansi and Dr Devan Raindi presented leclures in the Specially Interest Theatre. In addition, Or Raindi aepted an invitation from the British Asso¢ialion of Dental Nurses lo speak in the Dental Ntjrses, Forum. Early Career Group IECGI.. Our ECG continues to develop and offer support for new members of the professlon inlerosled in periodonlology. In May 2023, Dr Milul Shah presented an exliemely wpular hands-on course in Birmingham on crown ltsnglhening. The aitn of the ¢ourse was lo help delegates improve their knoedge and clinical proficiency when managing patients with an excess gingival display. During thè fiTsI part of th8 day, delegates parli¢ipaled in lectures and ¢ase-based discussions which explored the fundamentals ol a facially driven aesthetic assessment 8nd the Irealmènt planning of complex cases. Later, they had the opportunity lo actively plan surgery for a real-life Gase using PowerPointlKeynole, Photoshop and Digital Smile Design software. Dr Shah worked with the group encouraging them lo assess the ¥alionale behind diflerenl surgical le¢hniques and key surgical decision making. The hands-on element of the course provided the delegalés with the opportunity to develop their skills in performing crown lengthening surgery, inGluding flap management, bone removal wlh rotsrylpiezoele¢l¥i¢ instruments and advanced 5Uturing techniques. 3.9 Partnership agr&&ments Several companies (Acteon, Corsodyl, Johnson & Johnson, NSK, Oral-B and Philips) agreed lo donate funds lo the BSP lo help deliver the aims ol our StralegiG Plarl. These partnerships have been highly su¢¢essful. The Executive General Manager provldes them with regular updates and monthly newslellers, and they have been extremely impressed with the progress made and the projects undertaken during 2023. 3.10 Soclety's Webslle I Soclal Medla The BSP website, developed by Optima, continues lo provide a modem platform lo support our ever4eveloplng educational programme and membeiship needs. The BSP Team work hard lo keep the website up to dale with the lalesl news, clinical inforrnalion and events. The BSP website offers key information on periodontal dlsease and implant denlislry for patients, the public and dental care professionals. 11 provides key management lunctionalily that the Society use for 8venl bookings, advertising job vacancies and maintenance of membership. The website holds our (Salabasgs, conference and event registrations, course feedback and CPD certificates and is fully GDPR UK compliant. In addition, thè sile also con18ins case reports, a jobs, section, newslellers, publications, educational videos and resources. The website reflects the dynamic nalure of the Society- The BSP recognise that good, etfective communication is key and essential lo us achieving our strategic aim8 and maintain strong working relationships al all levels of the Society. Social media has becofne an integral part ol membership growth, collaboration with other health professionals and raising awareness of the lalesl news and we Continue lo explore ways lo further develop in this area. The Society has so¢ial media accounts on Facebook, Twtler and Instagrdm and the BSP Team work hard to update the plalforrlls and grow the a¢Gounls.
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 3.11 Monthly Newslolters and P8riodical The monthly newsletter is wrillen by Mrs Paula Dunn and Mrs Joanne Brown and overseen by Honorary Editor, Dr Alex Pollard. The newsletter Is a professiona5, informallve, and well received publication that helps Society members keep up to dale oll news, GliniGal informaliori, activities and Society events. The newsletters are distributed by email. The Periodical magazine is an annual summary of the yearfs main events and Society activities. In 2023. we shared truly upllfting and inspiring stories from some of our members, who dedicaltt lime lo charity work on top of their careers within denlislry. We also included some great arli¢les from pryze winners who used their prize mon8y lo allend courses lo gain knowledge and skills lo further th&ir Gareer, The 24-page magazine was distributed in the post to all members with their annual subscripllon leller. 4.0 strategic Plan This major initiative for the Society was launched and agreed by the membership at the September AGM 2014. The Society has made considerable progrèss in delivering on this 5-year plan. The plan aims lo develop and eliver a clear vision and mission for the society over the 5 years. The vision is 'PerioLlonlal Health for a Beller life, and the mission 'Promole public & professional awareness of periodontal & implant denlislry lo achieve our vison of 'periodontal health for a belter life. The plan consists of 3 slralegic aims,. To operate an open process of 2-way engagement with palienls. the public and Dlher key stakeholders and provide exchange ol knowledge, views and priorities between the Society and the public, patients and healthcare professionals 2. To clevelop, implement and maintain slrateglc partnerships that will further the slr8legic aims of thè Soclety and each partner organisalion. 3. To ensure long term giowih & suslainabilily neGessaiy for the Society lo achieve ils specific objectives. Over the inlervening years several key initiatives have been introduced by the Society to deliver these strategic aims. The society continues to work closely wlh rts Partner Spon50TS to secure funding lo help delDier the slralegi¢ plan. The lalesl 5-year Strategic Plan 2019.2024 is available lo view on the BSP websit8. BSP Coyncil will be revlewlng the Strategic Plan in 2024.
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2023 Flnan¢ial review 5.0 Financial Report 5.1 Overview of Financtal Activity For the year ending 31st December 2023 the So¢i81y's lotal income was £465,859 12022 £456.2801 of which £60,000 12022 £85,0001 was restricted. Related cosls were £386,613 12022 - £351,892) of which £188,502 1£32,5871 was restricted. This provided a nel surptus of £79,246 12022 £104.3881 of wliich £8,109 net expenditure {2022 £52,413, surp5usl w8s restricted. 5.2 Value Added Tax Vwlh refèrènce to the issue of V.A.T. liability for the Society's activities the Soaety, as a Learned Sociely Is exempl from paying VAT on some of ifs income. This is under schedule 91group 9111em 1c ol the V.A.T. Act 1994, in that we are an asso¢ialion the primary purpose of vthich is the advancement of a particular branch ol knowledge or the fostering of profossional expèrtise connected wth th6 past or present professions ar employments ol its members. The Society, as a non-profit making body, is an eligible body for education und&r schedule 9, group 6. item la. However note 1 e makes reference to tho purpose to which any profit is put°8 body which.. Is preduded from distributing and does not distribute any profit it makes and., Applies any profil8 made fiom supplies of a description within this group lo the eontinuance or improvement of 8u¢h supplies. 5.3 Reserves Policy A revised Res6rves Policy was drafted in January 2013 by the previous Honorary Treasurer Prof Peter Heasman and tris was presented lo Council and adopted during 2013. This policy Is based on the requirements ol d)8rity law, the charitable statement of re¢ommended PrydCtice120051 and good PTaclice, a5 well as taking into account the current finaricial situation of the so¢iety. The society aims to hold in the region of £135,000 in a conlingen¢y fund lo cover a number of financial identified s¢enaFios th81 may impact on th8 SOCi8ty funds. This contingency fvnd Is held in a 'Slewardship Aeeount, wilh a balance of £144,916 current balan {31, D¢¢ember 20231. In addition, a balance of £25g,338 is held in the EP8. EP9 and EP10 legacy funds. Fe reserves {gene¥al less tsxed assets) al 31 D8cember 2023 were £410.98912022- £240,415). Rèstricted funds at 31 December 2023 were £5,25012022 £128,308). The Officors have considered all major Thsks laeed by the Society and feel we have sufficienlly robust measures In place to miligale these risks. A risk m8nagemènl pollcy in line with Charity Commission recomrnendalions was approved by Council and also by the membership althe September 2003AGM and continues to direclthe Society'5 financial strategy. The risk managemer)l includes the purchase of insurance lo cover all meetings against c8ncellalion orlhe failure of speakers to attend.
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 7.0 struclure* governance and management The Charily 18 8 reuisterÉd ehxritable Trust, regulated by ils original Trust deed dated 19th July 1949, and amended in 1999. The Trust Dèéd provides for a Constitullon and Bye Laws of the Sociely. 7.1 Officers and orgat)isation The Trustees who seNved during the year and to the dale for signing (he accounts were.. Professor M Milward D¥ R Nansi Professor N West Professor F Hughes PTofes8or W Turner DrA Pollard Dr V Vilhlani Dr P A Baker Drl Dunn Prof P Prèshaw Prof G Liden (Resigned 31 December 20231 IAppoinled 1 January 20231 (Appointed 1 January 20231 The Education and Events Committee meets to organise the Society's annual meelinglsl and the Op8rational Planning Group made up of council mambers support in delivering the Society s Slrategic Plan. Mrs Paula Dunn. Executive General Manager lo the Society, supports all a¢tivili¢s ol the Society and is crucial to its smooth and efficient perfonnance. Mrs Paula Dunn does provide counsel lo the oififjers but 18 not Officer and doos not have a voting position. Mrs Paula Dunn is self-employed and remunerated at hourly rates that ar6 reviewed annually and agreed by Council. The Ttustees report was approved by the Board ofTrustees. Professor M Milward President Dat.. 16 July 2024 Dr l Dunn Honorary Treasurer 10-
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRITISH SOGIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY I report Jn the financial statements of the Charity for the year ended 31 December 2023, which are Set out on page8 12 to 25. Respectivè rèsponsibilities of Trustees and examiner The Charity's TriJ8t8es are responsible for the preparation of the linanaal staternenls. The charity's Trustees nsider that an audit 18 not required for this year under section 144{21 of the Charities Act 2011 Ilhe 2011 Act) and thal an independent examination is needed. The charity's gross income exc¢&ded £250,000 and l am qualified to ¢Jndert8ke the examination being a qualiftoil rn8mbei of ICAEW. It is my responsibility to.. (il examine the financial slalernents under seclion 145 of the 2011 Act., (ill to follow the procedurès laid down in the general Directions given by the Charily Commission under section 14515llbl of the 2011 A¢l'. and [iiil to stale whether porticular rnatters have come to my attentlon. Basis of independtrnt examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission, An examination includes a review of the accounting records kept by the charily and a comparison of the financial statements presented with Ih05e records. It also includes consideration of any unusual items 01 disclosures in the financial staternents, and seeking explanations from you as Iruslees o)nceming any such matters. The procedures ndertaken do not provide all the evidence that would be required in an audit and consequently no opinion 15 given as to whether th8 finanal slalements present a 'ltue and fair view, and the report is limited to those matters set out in the next statement Independent examiner's statement Your attention is drawn to the fact that the d)arity has prepared financial statements in ac¢or(lance wilhAccounling 8nd reporting by Charities preparing their accuunts in accoidance with the Financial Reporting Stsndard applicablp in the UK and Republic of Ireland IFRS 1021 in preference Irj the Accounting and Reporting by Chaiitie5'. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant rEgulations but has now been withdrawn. nderstand that this h2s been done in order for the financial sialements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after ff January 2015. In Connection wilh my examination, no other matter except that referred to in the previous paragraph has come to my altenlion.. lal which gives me reasonable ¢ause to believe that in any material respect the requirements.. to keep ac¢ounting records in accordance with section 130 01 the 2a11 Act., and (ill to propare financial slatemenls which accord with Ihe accounting records and comply with the accounting requirements of the 2011 Ad., have not b88n met or Ibl lo whi¢h, In My opinion, allention should be drawn in order lo enable a proper underslandinu ol the financial slatomenls lo be reached. Independerlt Examiner Aztrts Audit Services Ltd Carlton House Grammar School Street Bradford BD14NS Dated.. 16 July 2024
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Restrlcted funds funds 2023 2023 Total Unrestrlcted Restrlcted funds funds 2022 2022 Total 2023 2022 Notes Income from.. Donations and legacies Ch8rit8ble aclivities Investments 31,467 369,405 4,987 31.467 429.405 4,987 1,000 368,919 3,3e1 1,000 451,919 3,361 GO.0 85,0 Total incomè 405,859 60,[0 465,859 371,280 85,0 456,280 8nditur• on: Charitable activities 198,111 188,502 388.613 319,305 32,587 351,892 Net inGominglloutgoingl resources before transfers Gr05S translers between funds 207,748 1128,5021 79.246 51,975 52,413 104,388 IS,4441 5,444 Net incomellexpèndlturel for the yearl Net movement in funds 202,304 1123,0581 79,246 51.975 52,413 104,388 Fund balances at 1 January 2023 613,040 128,308 741,348 5e1.065 75.895 636,960 Fund balance¥ 8l 31 D&cember 2023 815,344 5,250 820,594 613,040 128.308 741,348 The stxtement of financial activities in¢lLJdes all gains and losses récognised in the year. All income and exp¢ndllure derive from continuing activitiès. 12-
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY BALANCE SHEET AS A T 31 DECEMBER 2023 2023 2022 Notes Flxed assets Tangiblè assets 101 705 Current assets Debtor8 Cash 8t bank and in hand 12 20,962 830,225 35,236 736.632 851,187 772,Q68 Credilors.. amounts falling dua withln one year 13 130,6941 (31,425) Nèt current assets 820,493 740,643 Total assets less curnt liablllti&s 820,594 741.348 Income funds Restricted funds Unrestricted fullds Designated funds Gèneral unrestricted funds 5,250 128.308 404.254 411.090 371,920 241,120 815,344 613.040 820,594 741,348 The notes on pages 14 to 25 form part of these financAal slalemenls. The financial s(atements were approved by Ihg Twslees on 16 July 2024 Professor Trustee Mih¥ard ( I 13-
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting poli¢ie$ Charity informatlon The British Society Of Periodoniology and Implant Dentistry is a Charitable Trust regulated by its or¢ginal Trust Deed dated 19th July 1949 and amended in 199U. 1.1 Accounting conventlon The accounts have been prepared in accordance with the Chartly's Constitution, Ihe Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing theiraccounls in accordanoe with the Financial Reporting Standard applicable irs the UK and Repiiblic of Ireland IFRS 1021" (as amended foi a¢counling periods cctntnencing from 1 January 20191. The Ch&rity is a Public B&nefit Entity as defined by FRS 102. The financial statements have departed from Ihe Charities (Accounts and Reportsl Regulations 2008 only lo the exlenl roquired to provide 8 true and lair view. This departure has involved following the Slalement of Recorntnended Practice for charities applying FRS 102 rather than the version ol the Stalement of Recomrnended Practice which is referred to in the Regulations but which has sinoe bee withdrawn. The financia5 slatemènls are prepared in slerling. which is the functional curiency of the Charity, Monetary amounts in these finallci81 slalements are rounded to the nearest £. The fin8neial statements have been prepared under the historical cost convention. The prln¢lpal accounting policies adopted are se( out below. 1.2 Golng concern Al the lime of appraving the financial statements. Iho Trustees have 8 reasonable expectation that the Charily has adequate resouices lo conlinue in operational exislen¢e for the toreseeable fiiture. Thus the Trustee8 continue lo adopt the going concein basis of aecounling in preparing the fin8n¢ial statements. 1.3 Charitablè funds Unreslricled funds g¥8 available for use at the discretion of the Tru51ee5 in furtherance ol their charitable objectives. Reslricted funds are subject to specific conditions by donors as to how they may be used. The purposes and ses of Ihe restricted funds are sel out in the notes lo the financial stalemenls. Eiidowrnent funds are subject to gpeeifie conditions by donors that the capitsl musl be mainlained by (he Charity. 1.4 In¢om& Income is recognised when the Charity Is legally enliued to il afièr any pèrformance conditions have been mel. the amounts can be measured reliably. and it is probable that in¢om& wlll be received. Bank interest receivable is included on an actual receipts basis. Income resoufces are accounted for on a receivable basis. Annual subscriptions to the Sooiely run forlhe 12 months to 3181 Decemb81. The f£nancial siatements reflect income receivable tor the year. Income and costs associated with Conferenoes are recognised according to the dale of tho ¢onf¢rence. Sponsorship and trade exhibitions income is iecognised according to the date of the related evetLI. unless allemalively ag¥eed with the sponsor. 14-
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting pollcles Icontinuedl Legaaes are recognised on receipt or otherwise if the Char(ly has been notified of an impending di61ribution, the amount is known. and receipt Is exp8Ct8d. If the amount is not known, the legacy is treated as a contingent 8S8ét. 1.5 Expendlture Liabilities are recognised as soon as there is 3 legal or constructivè obligation cornmilling the charity to the $xpendilure. All expenditure is accounted foi on an accruals basis and has been classified undér headings that aggregate all costs related to the category. These costs indude all exponditure for the publication ol 'The Journal of Clinical Periodontologl.. runlg conferences devoted to periodonlalogy and the giving of granls lo individuals advancing the fidd of P8Tiodonlology along with support costs incurred. 1.6 Tangible fixed assets Tangible fixed assets cosbng £200 01 more are initially Measred at cost and 8ubsequently measured at Ctsst or valuation. nel of depreuation and any impairment losses, Depreciation 1$ fecognised so as to write off the cost or valuation of assets less their residual values over Iholr useful livès on the following bases.. Fixtures and fittings straight line over 2 y6ars The gain or10ss 8rising on the disposal of an asset is determined as the difference between the sale proceeds 8nd the carrying valu8 of the asset. and is recognised in the statement ol financial aclivilies. 1.7 Impalrment of fixed a888ts At each reporting end dale, the Charity reviews the carrying amounts of its tangible assets lo determine whether there is ar)y indication that those 2ssets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is eslimaled in order to del2Fmin8 the extent of the impaiitnent loss (if any). 1.8 Cash and cash equivalonts Cash and cash equivalents include o3sh in hand, deposits held at call wilh banks, olher short-term liquid investments with original matiiiities ol thiee months or less. and bank overdrafts. B8Mk (>verdrafts are shown within brOwingS in current liabilit16S. 1.9 Financial instruments The Charity has elected to apply the provisions of Sedion 11 'Basic Fin8ncial Instruments, and Section 12 'Other Financial Instrumenls Issues. of FRS 102 to a11 of its finanaal instruments. Financial instruments are recognised in the Charily's balance sheet when the Charity becomes party lo the ontractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when Ihere is a legally enforceable right lo sel off the recognised amounts and Ihero is an intention to settle on a nel basis or to realise the asset and sellle the liability simultaneously. 15-
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng polici•s Icontinuedl Basic financial assets Basic financial a58ets, which include debtors and cash and bank balances, are initially measured al transaction piice including Ir8nsaetion costs and are subsequently carried al amortised cost using the effeclive interesi ethod unless the arrangement constitutes a financing transadion, where the transaction is measured at the piesent value of the future reiptS discounted #l a market rale of interest, Financial assetg Classified as receivable within one year are not amortised. Basic flnancial liabilili8s Basic financial li2bilitiès, including creditors and bank loans arè initially recognised al Iransaclion price unless the arrangement constitutes a financing transaction, where the debt Instrument is measured 81 the present value of the future paymenis dlscounted at a markèt rate of interest. Financial liabt'lilies classified as payable wilhin one year are not amortised. Debt instrumants arè subsequently carried at amortised co81. using the effectiv& intefest rate melhLXJ. Trade creditors are obligations to pay for 9(d$ or services Ihal havè been acquired in the oidinary coijrse of operations from suppliers. Amounts payable are dassified as cijrrent liabilities if payment is due within one year or less. If not. they are present¢d as non-current liabilities. Trade creditors are iecognised inilially at transaction price and subsequently measur8d al amortised cost using the effective interest method. D8recognition of finanelal Ilabllltles Financial liabilities are derecounised when the ChaTlty's contractual obligations expire or are discharged or cancelled. Critical accountlng estimate$ and ludgements In the applicatsun of the Charlly's accout]ling policies, the Trustees are required to make judgemenls, e81imales and assumptions about the carrying amount of assets and li8bililies that are not readily apparenl from olh8r sources. The estimates and associated assumptions are based on historical experience and other factors that are Considered to be relevant. Actual results may differ Iiom these estimates. The eslimales and underfying assumptlons are Teviewed on an ongoing basis. Revisions to 8cc(xJnting estimates ar8 recognised in the period in which Ihe estimate (s revised where the revision affects only that pe0d. or in the peiiod of the revision and future periods wheTe (he revision affecls both current and future periods. Donations and legacles Unrestricted Unrestrtcted funds funds 2023 2022 Donations and gifts Donated goods and s8tvteès 29,467 2,000 1,QOC> 31.467 1.000 16-
THE BRITISH SOCIEfi OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charitable activities Charitable Charitsble Income In¢ome 2023 2022 Subscriptions Partnership agreemertts Conference8 Educational Courses and webinars Leaflet sales 194,512 60,000 157,959 14.49Q 2.444 2Ql,535 85.000 144,064 18,000 3,320 429.405 451.919 Analysis by fund Unrestricted funds Reslricted funds 369,405 60,000 366.919 85,000 429,405 451,919 Investments Unrestricted Unrestricted fufids funds 2023 2022 Inleresl weivable 4,9e7 3,361 17
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 DECEM8ER 2023 Charitable activities 2023 2022 Joumal- paper Journal- electronic Conference cosls Event management fees Awards and prizes Educational initiative EducgtlOn81 courses and webinars BSP Events/Non &SP Events Donations and sponsorship 9,162 38.184 131.769 20,000 34,339 25.896 21.464 735 .512 37,519 89,143 32.817 12.331 26.265 19,793 7,314 1,030 281,549 235,724 Sh2re of support costs (see note 71 Shale ol govemance ctssts (see note 71 g4.830 10.434 105,600 10.568 388,613 351,892 Analysis by fund Unrestricted funds Restricted funds 198.111 188,502 319.305 32,587 386.613 351.892 18-
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Support costs Support Governarice costs costs 2023 Suppgrt Governance ¢ost8 costs 2022 Doprecialion Legal feès Admin travel Business Management fees Office costs Insurance Sundry Irre¢overable VAT Computer arid website WorldP2y and Bank charges Accountancy 604 2,204 417 503 1,056 268 503 1,056 268 2,204 417 55.715 14.183 1,427 510 13,334 543 55,715 14,163 1,427 510 13,334 543 54,402 13,939 668 562 25,209 2,801 54,402 13,939 668 562 25,209 2,801 4,713 1,000 4.713 1.000 S.343 5,343 849 Cost of trLislees meetlngs Independent examination IndemniÉy insurance Trustees and council members expenses 836 4,950 683 836 4,950 683 525 4.500 881 525 4,500 881 3,9S5 3,965 4.662 4,662 94.630 10,434 105,064 105,600 10,568 116,168 Analysed between ChaThtable activities 94.630 10,434 105,084 105,6(Xl 10,568 116.168 All costs are allocated to the single charitable activity. Trustees indemnity in8Uf8llC8 Was taken out during the year 818 cost of £68312022 £8811. Trustees None of the TTUStees lor any persons connected with thèm} recèived any rémunèration or benefits from the Chatily during the current or p¥evioLJS fin8n¢i81 year. Employees There were no employees in the current or prior year. 10 Taxation The charity 15 8xempt from tax on income and gains falling within séction 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that thege 8re applied to its charitable objects. 19-
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 11 Tanglble flxed a8sets FIKtures and littlllgs Cost At 1 January 2023 Oisposals 5,458 11,3891 Al 31 Decèmber 2023 4,069 Depreclatlon and impaimi8nt At 1 January 2023 Depreciation chaFged in the year Eliminated in respect of disposals 4,752 604 11,3891 At 31 December 2023 3,968 Carrying amount Al 31 December 2023 101 At 31 December 2022 705 12 Debtors 2023 2022 Amounts falling due withln ono year: Trade debtors Other debtors Prepayw&nts and alUed Income 2.160 387 18,415 1,817 33,419 2Q,962 35,236 13 Creditors: amounts falling due within one year 2023 2022 Note$ Def¢rr¢d in¢ome Trade creditors Accruals 14 19,141 22 11,531 21,560 5,115 4.750 30,694 31.425 -20-
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 14 Deferred income 2023 2022 O¢her delerr¢d an¢ome 19,141 21.560 Deferred income is included in the financial slalements as follows.. 2023 2022 Deferred incorne is included within.. Current liabilitie8 19,141 21,560 Movervents in the year.. Deferred income at l January 2023 Released from previous periods Resources defeTred in the year 21,560 121,5601 19,141 33,027 133,0271 21,560 Delerced income at 31 December 2023 19,141 21,560 DEferd income relates to subscriplions and conference paid in advance. 21
THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 3q DECEMBER 2023 16 Designated funds The income funds of the charity include the following designated funds which have been sel aside out of unrestri¢ted funds by the trustees for specific purposes.. Movement in fund8 Incomlng Transler8 resour¢05 Balancè at 1 January 2022 Transfèrs Balace at l Janugry 2023 Balance at 31 Dectrmbèr 2023 Contingency Fund EP8 2015 Legacy EP9 2018 Legacy EP10 2022 Legacy 141,95d 175,000 54,871 95 142,049 175.000 54.871 2.867 144.916 175,000 54,871 29,467 29,467 371,825 95 371.920 29,467 2.867 404,254 The contingency fund is invested in a deposit ac£ount W51h Kingdom Bank, a registered charity. It is held to cover costs in the evenl the charity is wound up, it is no¢ expeclod lo b¢ used In the foreseeable future. The EP8 2015 Legacy, EP9 2018 Legacy and EP10 2022 Legacy designated funds are lo be used for fuluie prolects. The transfer shows ttte intere81 eamed on this account. 17 Funds Balance at 1 January 2023 Income Expenditure Transfers Balance at 31 December 2023 Restricled funds Designated funds G8n8ral funds 128,308 371,920 241.120 60,000 29,467 376,392 1188,5021 5,444 2,867 18,311) 5,250 404,254 411,090 (198.1111 741,348 465,859 1386,6131 820,594 Funds prior year Balance at 1 January 2022 Income Expenditure Transfers Balance at 31 December 2022 Restriclecl funds Designated funds General funds 75,895 371.825 189,240 85,000 132.5871 128,308 371,92Q 241,120 371,280 1319,3051 (95) 836,960 456,280 1351,8921 741,348 -23-
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THE BRITISH SOCIETY OF PERIODONTOLOGY AND IMPLANT DENTISTRY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 19 Related party transactions The Charity re-imbursed Iravel and hotel c08ls amounting to £3,52612022 £3,189) to seven Iruslees during the year12022 five trusteel. and £43912022 £1,473) lo foul council members (2022 eighll. -25-