charity reglstratlon number 273365 BRITISH SOCIETY OF PAEDIATRIC DENTISTRY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr Urshla Devalia Prof Sondos Albadri {Resigned 14 September 2023) Mrs Jennifer Ha1$ Dr Hannah Walsh Prof Christopher Vemazza Dr David Johnson Prof Paula Wdlerhouse Dr S Bhalia DT Fiona Sotir {Appoinled 14 September 20231 Charity number 273365 Registered office clo The Faculty Of Dental Surgery. The Royal College Of Surgeons of England. 3843 Lincoln's Inn Fields London WC2A 3PE Independent examlner Bird Simpson & Co 144 Nethergate Dundee DDI 4EB Bankers Bank of Scouand PIC PO Box 17235 Edinburgh EH11 1YH Solicitors H Tyler Brulton & Co. 288 West Stet. Fareham, Hants
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY CONTENTS Pag Trustees. report Statement of Trustees. responsibililies Independent examinerfs report Slalement of finanal activities Balance sheet Notes lo the financial statements 8-13
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report and financtal slalemenls for the year ended 31 March 2024. The financial statements have been prepared in accordance wth the accountirkg policies set out ir* note 1 to the financial siatements and comply with the Trust's consb'tutson. the Charities Act 2011 and 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" Obl8ctlves and actlvllles The primary objective of the British Society of Paediatric Dentistry 18SPD) is lo advocale for high-qualily and accessible oral health care for children and young people from birth to sixteen in the United Kingdom. This mission is carried out through various initialives and engagemenls with the denial profession, political decision-makers, and other spea21 interest gioups. Key a¢VItIeS for the year Include: 1. Educational Meetings and Professional DevekJpmenl_" The 13 regional branches have organized numerous educational meeb'ngs and study days lo further the So¢Éety's objectives and provide ntinuIng professional development for ils members. These events have been pivotal in disseminating Current knowledge and iEsl practices in paediatric dentistry. 2. Annual National Conference.. The National conferen continues lo be a signfficanl event, diawng subslanlial allendance from members and attracting sponsorship from both denial and non-dental companies. This event provides a platform for sharing research, inllovalions, and adVanmentS in the field of paedialric denlislry. 3. Awards and Bursaries.. The Society awarded the Max Horsnell Travel Bursary and Student Elective Prize as well as the BSPD Oulsianding Innovatiorb Award_ Regional branches also support and ftjnd various local prizes. encouraging excellence in paediatric dentsstry. The Trustees have adhered lo the guidan issued by the Charity Commission in determining the activities undertaken by the Trust.
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance During the past year, BSPD has achieved signfficanl milestones in various stralegic domains.. l. Wellbeing and Safeguarding.. The Society has promoted good safeguarding practices within the dental profession, supported Iraining and research. and campaigned for a reduciion in oral health inequalities. 2. Oral Health Advice.. High-quality, evidenc&based resources for patien15 and carers have been developed, ensuring Ihey are child-friendly, inclusive with versions translated to leach languages spoken by asylum seekers lo the UK- and accessible. The involvement of children in the cdesign and co-production of these resources has been actively encouraged. 3. Preventive Philosophy". BSPD has championed prevenlion-based or81 health initiatives, promoted measures lo address oral health inequalities, and collaborated wth other heallhcaie agencies lo raise awareness about the importance of children's oral health. 4. Policy and Advocacy." The Society has engaged at the highest levels in the reconfigurab'on and transformation ol dental services, supported oral health impiovemenl initiatives, and worked with health and social care bodies to highlight the integral role of oral health in oveiall health. In Febiuary 2024, the Society issued the BSPD Blue for paedialric denlislry recovery in the UK to those wlh a role to play in policy reform as well as to the media. The Media Team Continued lo generate awareness amongst Ihe natsonal and professional dentistry press for the Society's activities and recommendations {ftN example, highlighknng the role dentisls can play in discussing vaccination slatU5 Wth patients during the spike in meastes cases) - as well as responding publicly to proposed denlislry plans issued by political parties. 5. Professional Development.. National guidelines and curricula have been contributed to, supportirrfJ the leaching, training, and continuous development of a high-quality denlal workforce. A programme of continuing professional development has been delivered through srientific COnferenS and branch meetings. 6. Research and Eviden. BSPD has initialed and suptx)rted national quality irnprovement projects, promoted collaborative research. and campaigned tor higquality national surveys related lo children's oras health. 7. Membership and Advocacy.. Efforts have been made to ensure the dental profession is aware of BSPD'S purpose and benefits ol membership. The Society has communicated key messages to diveise auLliences and delivered an Annual Scientific Conference showcasing members. work. Financial review The Society remains in a sound financial position. with membership standing at approximately 720 members. The income and expenditure details are provided in the financial ststements. Funds are held as cash, managed through a National account and individual regional bfanch accounts. The perfoimance of these accounts is regularfy reviewed lo ensure financial 5t8bilty. The policy remains to keep reserves SLFfficienl to cover Iwo years of running costs for the Society- Plans for future periods Looking ahead, the Society plans to continue its commitment to improving children's oral health in the United Kingdom. This will involve ongoing advocacy. professional development, research support, and community engagement to ensure high slandaids of paedi81ri¢ dentsl re_
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure. governance and management The charity is governed by its conslitulion, wth any amendments requiring agreement by the mernbership al an AGM 2nd approval by the Charity Commission of England & Wdles. The constitution stipulates a minimum of three trustees, forming the Society's Executive. induding the President, Honorary Secretary, and Honorary Treasurer. Other key members include the Past President. Vic&President, Wtce-Presidenl Designate, Honorary Mefflber5hip Secretary. and the Honorary Editor of the International Joumal of Paediatric Denlislry. Trustees and executive member5 serve varying tefrns. wlh 8 structured Pfoce55 for nominations and elections al the AGM. A risk management register 15 maintained to identify and review potential risks to the Society annually. This report reflects our ongoing dedication to advancing p8edialri¢ oral health and supporting the dental profession in achieving these goals. The Trustees who served during the year and up lo the date of &gnalure of the financial slalemenls were.. Dr Urshla Devalia Prof Sondos Albadri Mrs Jennifer Harris Dr Hannah Walsh Prof Christopher Vernazz8 Dr David Johnson Prof Paula Walerhouse Di S Bhalia Dr Fiona Sotir (Resigned 14 September 2023) (Appointed 14 September 2023) The Trustees, report was approved by the Board of Trustees. Dr David Johnson Trustee 27 August 2024
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees are responsible for preparing the Trustees. Report and the financial staternenls in accordarbce with applicable law and Unf(ed Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. The law applicable lo charities in England and Wdles requires the Trustees lo prepare financial slalemenls for each financial year which give a true and fair wew of the stale of affairs of the Trust and of the incoming resources and application of resources of the Trust f¢N that year. In preparing these financial stslemenls, the Trustees are required to.. select suitable accounting polioes and then apply them )nSIStenI1y", observe the methods and principles in the Charities SORP", make judgements and eslimales that are reasonable alld pwdent.. slate whether applicable accounth'ng slandaids have been followed. subject lo any material departures disclosed and explained in the financial slalemenls". and prepare the financial stslemenls on the going concem basis unless il is inappropriate to presume that the charity will continue in operation. The Trustees are responstble for keeping Slfficient accounting fecords th81 disdose wlh feasonable accuiacy al any time the financial posilion of the Trusl and enable them lo ensure that the financial slalemènls comply with the Charities Act 2011. the Charity (Accounts and Reports} Regulations 2008 and the prowsions of the trust deed. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable sleps for the prevention and detection ol fraud and other iryegularilies.
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRITISH SOCIETY OF PAEDIATRIC DENTISTRY I report lo the Trustees on my ex8minalion of the financial stslements of British Society of Paedialric Denlislry Ithe Trust) for the year ended 31 March 2024. Responsibilities and basis of report As the Trustees of the Trust you a responsible for Ihe preparation of the financial statemen15 in accordance with the requirefflenls of the Charities A¢1 2011 Ilhe 2011 Act). I report in respect of my examinatson of the Trust's financial slalements Carried oul under sectK)n 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlnerfs ststement I have compleled my examination. I confirm that no matters have come lo my attention in connecticn with the examination giving me cause lo believe that in any malerTal respect-. accounting records were not kept in respect of the Trust as required by secbon 130 of Ihe 2011 Act.. or the financial slalements do not accord wrth those records.. or the financial slalemenls do not comply wth the applicable requirements conMing the form and ¢onlent of accounts sel out in the Charities IAccotJnts and Rew)rtsl Regulation5 2008 other than any requirement that the a¢unt$ give a true and fair view which is not a matter considered as part of an independent examination. I have no con¢ems and have come arJoss no other matlers in conneth.on wlh the examination lo which allenlion should be dra¥Nn in this report in order to enable a proper understanding of the financial slalements to be reached. Neil.S.Young CA Bird Simpson & Co Chartered Accountants 144 Nelheigale Dundee DD1 4EB Dated.. 27 August 2024
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unre$lrl¢ted Restricted funds funds 2024 2024 Total Unrestricted Restricted fund5 funds 2023 2023 Total 2024 2023 Notes Income from.. Donations and legacies Charitable activities 54,932 94,884 54.932 94,884 51.399 122.283 51,399 122,283 Total Income 149,816 149.816 173,682 173,682 Expenditure on-. Charitable activities 141.891 300 142.191 138,841 300 139,141 Total expendlturg 141,891 300 142,191 138.841 300 139,141 Net Incomellexpenditurel and movement In funds 7.925 (3001 7.625 34,841 13001 34,541 Reconciliation of funds: Fund balan$ al 1 April 2023 285.558 4.41JO 289,958 250,717 4,700 255,417 Fund balances at 31 March 2024 293.483 4,100 297,583 285.558 4,400 289,958 The slalemenl of financial activf(ies includes 811 gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies.
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notes Current assets Debtors Cash al bank and in hand 2.914 296.249 291,818 299,163 291,818 Credltors.. amounts falling due within one year 10 11,580) 11.8601 Net current assets 297,583 289.958 Net assets 8xcludlng pension liability 297.583 289.958 The funds of the Trust Reslricled income funds Unrestricted ftJn(Js 11 4,100 293.483 4,400 285,558 297.583 289,958 The financial statements were approved by the Twslees on 27 August 2024 Dr David Johnson Trustee
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charlty Infomiation The Charity IS 2 regISted charity in England and Wales. and is unincorporated. The address of the principal office is 45 The Avenue. Watford. Hertfordshire. London. VVD17 4NU. 1.1 Accountlng convention The financial statements have been prepared in accordance with the Trust's constilulion, the Charities Act 2011 and "Accounting and Reporting by Charities." Slalement of Recommended Practi applicable to charities preparing their accounts in accofdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffeth.ve 1 January 2019)" The Trust is a Public Benefit Entity as defined by FRS 102. The Trust has taken advantage of the provisions in the SORP for charits.es applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial ststemenls have departed from the Charities (Accounts and Reports) Regulatsons 2008 only lo the extent required lo provide a true and faif view. This departure has involved following Ihe Statement ol Recommended Practi for charities applying FRS 102 ralher than the version of the Statement ol Recommended Practice which is refeired to in the Regulalions but which has since been wthdrawn. The financial statements afe prepared in sterting. which is the functional crnCY ol the Trust. Monetary amounts in these financial statements are rounded to the nea$1 £. The financial statements have been pare(l under the hislorTcal cost convention, modified to include the revalLJalion c>f freehold properties and lo indude inveslmenl properties and certain financial irislrumenls at fair value. The principal accotjnting poli¢ies adopted are sel out below. 1.2 Going concern Al the IiTne of approving the financial statements, the Tiuslees have a reasonable expectation that the Trust has adequate resourees lo continue in operational existence for the foreseeable future. Thus the TrteeS continue to adopt the going concem basis of accounting in preparing the financial stalemenls. 1.3 Charitsble funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Reslricled funds are subject to specific conditsons by donors or grantors as lo how they may be used. The purposes and uses of the reslricled funds are set oul in the notes to the finanual slatemenls. 1.4 Income Income is recognised when the Trust is legally enlilled lo il after any perforniance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received Cash donations are recognised on receipt. Other donations are COgnised once the Trust has been notified ol the donation, unless performance conditions require deferral of the amount Income lax recoverable in relation lo donations re1Ved under GrfiAid or ijeeds of covenant is reeognised al the ts.me of the donation. Legacies are recognised on receipt or olhewse if the Trust has been notified of an impending distribution, the amount is known, and ieceipl is expected. If the afflount is nol known. the legacy is Irealed as a contingent asset. Donations and legacies received for general purposes of Ihe Charity are included as unrestricted fijnds. Donations and IaCleS for activities restricted by the tem)s ol the donation ale taken lo reslricled funds where these wishes are legally binding on the Trustees.
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies Icontinuedl Investment income and bank interest is induded in the year in which il is receivable. 1.5 Expendlturfy All expendilLFre is included on an 8¢cruals basis. The Charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT. The allocation of expenditure follows the poliaes below". Costs of charitable activty COTnprise all Ihe $oUrCeS applied by the charity in undertaking Tts work lo meet ils charitable objecbves. including those support ¢osts and costs relating lo the governance of the charsty 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original malurilies of three monlhs or less. and bank overdraft5. Bank overdrafts are shown within boirowings in ¢urienl liabilities. 1.7 Flnanclal Instruments The Trust has elected lo apply the provisions of Section 11 'Ba&c Finanaal Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 lo all of its finanual instrument5. Financial instruments are recognised in the Trusfs balance sheet when the Trust becomes party to the contractual provisions of the inslrumenl. Financial assets and liabilits'es are offset, wlh the net amounts pSented in the financial slalemenls. when there is a legally enforceable right lo set off the recognised amounts and Ihere is an intention lo settle on a nel basis or to realise Ihe asset and settle the liability simultaneously. Basic financial assets Basic financial assets. which include debtors and cash and bank balans, are initially measured al transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a finanang transaction, where the transaction is measured al the present value of the future receipts discounted al a market rale of interest. Finanoal assets classified as receivable within one year are not amorkn'sed. Basic financial liabilities Basic financial Iiabililie5, including creditors and bank loans are initially recogni5ed al transaction price unless the arrangement con51ilutes a finanung transaction. where the debt instrument Is measured al the present value of the future payments discounted al a market rate of inleresl. Finanaal liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rale method. Trade creditors are obligations to pay for g¢x)ds services that have been acquired in the ordinary course ol operations from suppliers. Amounts payable are Classified as current liabilities rf payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are rectsgnised initially at transaction price and subsequently measured at amortised cost ng the effeth.ve inleiesl method. Derecognition offinancial liabilities Financial Iiabililies are derecoynised when the Trust's contractual obligations expl or are discharged 01 cancelled.
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policiès Icontlnuedl 1.8 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's Services are received. Termination benefits are recogni5ed immediately as an expense vthen the Tnrsl is demonstrably committed lo lerminale the employment of an employee or lo provide lemiinalion benefits. Critical accountlng estlmates and judgements In the applicab.on of the Trust's accounbng policies, the Trustees are required to make judgements, eslimales and assumptions about the cairying arnounl of assets and liabilities that are not readily apparent from other SoUrs. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The eslimales and undertying assumptions are fevTewed on an ongoing basis. Revisions lo accounting eslimales are iecognised in Ihe pericxl in which the estimate is revised where the revision affecls only that period. in the period of the ievision and future periods wheTe the revision affects both current and future periods. Income from donatlons and legaclès Unrestricted funds 2024 Unrestrlcted funds 2023 Donations and gifts Membership fees 3,340 51,592 1,200 50,199 54,932 51,399 Income from charitable activitles unstriCted funds 2024 Unrestricted funds 2023 Charltable Income Study Day Income Journal income Conference surplus Other income 14,692 53,214 24,396 2.582 15,764 87,610 17,295 1.614 94,884 122,283 io-
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on charitsble activltles Total Funds Total Funds 2024 2023 Direct costs Branch Meetings Cost of Wley IJPD Website Costs Media Support Bank Charges Donation5 Independent Examinerfs Fee Miscellaneous Adminislering the Charity TTans1alion Service5 Leaflets Unicef Training Day RCS Pump Priming Granl Legal Fees Rights of the Child Faclsheet Poster 34,313 22,890 3,021 37,752 343 1,200 1,580 2,374 18,990 402 2.700 45,650 21.294 1,827 38,935 243 232 1,860 1,651 17,847 3,210 3,500 2,892 13,973 600 2.053 142.191 139.141 Analysi5 by fund Unrestricted funds Reslricled funds 141,891 300 138.841 300 142,191 139,141 Trustees None of the Trustees (or any persons connected wth them} received any remuneration or benefits frlxn the Trust during the year. Taxatlon The charity is exempt from tsxalion on its actiwties because all ils income is applied for charitable purposes. Herltage assèts The BSPD National body owns the following assets.. Presidential jewel, gavel and block valued at £1.400. Debtors 2024 2023 Amounts falllny due wlthin one year.. Trade debtors 2.914 11
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Credltors: amounts fallln9 due within one year 2024 2023 Accruals and delerred income 1,580 1.860 11 Restricted funds The restricted funds of the charity comprise the unexpeTrded balances of donations and grants held on trust subject lo specific conditions by donors as lo how they may be used. Balance at 1 April 2022 Resource5 expended Balance at 1 April 2023 Resources Balance at expended 31 March 2024 Jane Goodman Prize 4.700 {3001 4,400 (300} 4.100 12 Unrestrl¢ted funds The unrestricted funds of the chaiity mprIse the unexpended balall$ of donations and grants which are not subject lo specific conditions by donors and granlors as lo how they may be used. These include designated funds which have been sel aside out of unrestricted funds by the Iruslees for specific purposes. At 1 April 2023 Incoming resources Resources At 31 March expended 2024 General funds 285.558 149.816 {141.8911 293.483 Previous year.. At 1 Aprti 2022 Incoming Resources At 31 March resources expended 2023 Gener81 funds 250.717 173.682 1138.8411 285,558 13 Analysls of net assets between funds Unrestricted Restricted funds fund5 2024 2024 Total Unrestrlcted Restricted funds funds 2023 2023 Total 2024 2023 Fund balances al 31 March 2024 a represented by". Current asselsllliabililiesl 293.483 4.100 297,583 285.558 4,400 289,958 293.483 4.100 297,583 285,558 4,400 289.958 12
BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Related party transactlons There were no disclosable relaled party transactions during Ihe year {2023 - none). J3-