Charity registration number 273365 BRITISH SOCIETY OF PAEDIATRIC DENTISTRY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BRITISH SOCIETY OF PAEDIATRIC DENTISTRY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr Urshla Oevalia Ms Jennifer Harris IResign8d 12 Seplernber 20241 Dr Hann8h Warsh Prof Chrisiopher Vemazza Dr DavHJ Johnson Prof Paula Walerhwse Or Shannu Bhati8 Dr Fiona Sotir Df Rachael Nichol (Appointed 12 September 20241 Charity number 273365 Reglstered office cjo The Faculty Of Dental Surgery. The Royal c￿lege 01 Surgeons of England, 3843 Lincoln's Inn Fields London WC2A 3PE Independent examlner BK Plus Limited 144 Nethergate Dundee D01 4EB Bankers 8ank of Scotland PIC PO Box 17235 Edinburgh EH11 1YH Solicitors H Tyler 8mtlon & Co, 288 West Slreet. Fareham. H3nts BRITISH SOCIETY OF PAEDIATRIC DENTISTRY CONTENTS Page Trusteès. rÈport Statement ol Trustees. resp)nsibilitses Independenl examinerfs rewrt Statement of finanual actiwties Balance sheet Notes to the finan(sal statements 8-13 BRITISH SOCIETY OF PAEDIATRIC DENTISTRY TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial sta¢ements for the year ended 31 March 2025. The financial slatemenis have been PTepared in accordance with Ihe accounting policies set out in note 1 to the rinancial statements and cornply with the Trust's conslitulion. the Charities Act 2011 and "Accounting and Reporting by Chanties.. StateTnent of Recornrnended Practice applicable lo tharities preparing their accounts in accordance with the Financial Reporbng Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 leffe¢live 1 Janvary 20191" Oblectlves and activitles The prirnary objective of the British Soaely of Paediatric Dentistry IBSPDI is to advocate lor high-quality and accessible oral health Ca￿ for children and young people from birth to sixteen in the Uniled Kingdom. This mission is carried out through varioLJS in¢ts"atives and Èngagement5 the dental profession. political decision-makers, and other special in¢eresl groups. Key activiliès for the year include.. 1. Educational Meetings and Professional Oeveh)pmenl.. The 13 regional branches have organized numerous educational meetings and study days to further the Sooells objeclives and provide continuing professional development lor its members. These events have been pivotal in disseminating current kn￿￿edge and best practices in paediatric deniistry. 2. Annual National Conferenc8_' The Nab"onal c￿[erenCe conbnues lo be a signifirant evenl. drawing substantial Itendance from mernbers and attracting sponsorship from dental companies. This event prowdes a plarfoim for sharing research, innovations, and advancements In the field of paediatric dentistry. 3. Awards and Bursaries.. The s￿ety awarded the Max Horsnell Travel Bursary and Student Elective Prize as well as the BSPD Outstanding Innovation Award. Regional branches also suptxjrt and fund various local prizes. encouraging excellence in paediatric dentistry. The Trustees have adhered ¢0 the guidance issued by Ihe Charity Commission in determintrng the activities undertaken by the TnJst. BRITISH SOCIETY OF PAEDIATRIC DENTISTRY TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and perfomiance During Ihe past year. BSPD has achieved signtfiGqnt milestones in various strategic dcAnains'. 1. Wellbeing an(5 Safeguarding-. The Sociely has promoted goLxI safeguardillg practices within the dental profession, sUPPOrted training and research. and catnpaigned for a leduct￿n in oral health Inequalities. 2. Oral Health Adwce.. High44uality. ewdence-based resources for palients and carers have been developed, ensuring they are child-friendly, indusive and accessible. The invofvement of children in the c4)4esign and ¢o- production of these ￿SourCeS has been aclively encouraged. 3. Pr8ventive Phi1050phy." BSPD has championed prevenlion-based oral health initiatives. promoted measures to address or81 health inequalities. and co118borat8d wth other healthcare agenues io raise awareness about the importance of children's oral health. 4. Policy and Advocacy.. The Society ha5 engaged at the highest levels in the reconfiguration and transformation ol dental service5. SUPPOrted oral health iTnprovement initiatives. and worked with health ar￿ social care bodies to highlioht the integral role of oral health in overall health. 5. Professional Development". National ouidelines and curricula have been contributed to, supporting the teaching. training, and continuous develowienl of a high-quality dental workforce_ A wogramme ol continuing professional developTnent has been delwered through scienlific conferences and branch meetings. 6. Research and Evidence.. BSPD has initiated and supptxted nats.onal quality improvement projects, promoted cdlaborative research. and campaigned for high-quality nalional surveys related to children's oral health. 7. Membership and AdV￿ALy". Efforts have been made lo ensure ihe denial profession is aware of BSPD'S purw5e and benefits of rnembership. The Society has communicAted key messages to diverse audiences and delivered an Annual S¢ienufi¢ Conference showcasing fflembers, woik. Financial review The Society remains in a sound financial FM)siiion, wth membership 5tandino at approximately 769 members. The income and expenditure details are promded in the finanoal slalemenis. Funds are hekl as cash, managed Ihrou9h a National account and individual regional bran¢J) accounis. The perfomiance of Ihese accounts is wularly reviewed to ensure financial siability. The policy iemains to keep reserves sufficient to cover iwo years of njnning (x)sts for the S(xiety. Plans for future periods Looking ahead. the Society plans to continue its commitment lo improvin9 children's oral health in the United Kingdom. This will involve ongoing advocacy, professional developmenl. research stjpport, and community engagement to ensure high standards of paets carried out under section 145 of the Charities Act 2011. In carrying oul my exarnination I have folk)wed the Di￿¢t10n$ given by the Charity Commissh?n under sectKkn 14515Xbl of the Ch8riD"es Act 2011. Independent examiner's ststement I have cornpleled my examination. I confirm that no matters have com6 10 my atienlion in conne¢tion with the 8X3min8tion giving me cause lo believe Ihal in any maierial respect-. accounting rewrds were not kept in ￿pect of the Trust as required by section 130 of the Charilies Acl 2011,'or the finaneial stalernents do nol accord with Ihose records.. or the finanaal statements do not comply with the applicable requirements conceining the lomi and content ol financial statements set out in the Charities (Accounts and ReFX)rtsl Regulatrons 2008 other than any requirement Ihal the financial statements give a Irue and laif view. which is nol a matter considered as part ol an independent examination. I have no concems and have come across no othei matters in connection wth the examination lo which attention should be drawn in this report in order 10 enable a proper understanding of Ihe financial statements to be reached. Neil.S.Young CA 8K Plus Limited Chartered Accounlènts 144 Nelhergale Dundee DD1 4E8 Dated.. 28 October 2025 BRITISH SOCIETY OF PAEDIATRIC DENTISTRY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from= OonatiorTrs and legaaes Charitable actiwlies 53,623 121,686 53.623 121.686 54,932 94.884 54,932 94,884 Total income 175.309 175.309 149,816 149.816 Expenditurè on: Charitable activities 148,207 148.207 141,891 142,191 Total expenditure 148.207 148,207 141.891 142,191 Net income and movement In funds 27.102 27,102 7.925 13WI 7,625 Reconciliation of funds: Fund balan￿5 at 1 April 2024 293.483 4.11K) 297.583 285.558 4,400 289,958 Fund balances at 31 March 2025 320,585 4,1CK) 324.685 293,483 4,100 297,583 The slalernenl of financial acbvities includes all gains and losses re￿nised in Ihe year. Al income and expenditure derive from continuing activities. BRITISH SOCIETY OF PAEDIATRIC DENTISTRY BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Current assets Debtors Cash at bank and in hand 39,292 306.412 2,914 296,249 345.704 299,163 Creditors: amounts falllng due within one year 10 121.0191 11.5801 Net Current assets 324,685 297,583 The funds of thè Trust Reslricled income funds Unrestricted fLJnds 11 12 4.100 320,585 4,100 293,483 324,685 297,583 The financial statements were approved by the Trustees on 28 October 2025 Or David Johnstsn Trustee BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting polic485 Charity InforniatSon The Charity is a wistered charity in England and Wales, and is uninccwraled. The address of the principal office is 45 The Avenue, Watford. Hertf(Wdshl￿. London. W017 4NU. 1.1 Accounting eonv•ntion The financial slalemenls have been prepa￿d in accordance with the Trust's constitution, the Charitie5 Aet 2011 and "Accounti￿ and Reporting by Charities.. Statement of Recommended Practice applicable to harities preparing their accounts in accoidance wth the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 (effective 1 January 20191". The Trust ss a Public Benefit Entity as defined by FRS 102. The Trust has taken advantage ol the provssh)ns in the SORP for charits.es applwng FRS 102 Update Bulletin 1 not to prepare È Statement ol Cash Fh)ws. The financial slalemenls have departed from Ihe Chariiies (Accounts and Reports) Regulations 2008 only lo the extent required to provide a true arKI fair view. This departure has involved following the Statement of Recommended Practice lor charilies applying FRS 102 rather than the version of the Statemenl ol Recommended Practice which is referred lo in ihe Regulatsons but which has since been withdrawn. The financial st81em8nis are prepared in sterfing, which is the fundional currency of the Trust. Monetsry amounts in these financial statemenis are rounded lo the nearesl £. The finanaal statements have been prepared under the historical cost convention. modified 10 include the revaluation ol freehold properties and lo include investment propefties and certain financial instruments al lair value. The prinapal accounling Oiues adopled are sel oul bekjw. 1.2 Going concem Al the time of approving Ihe financial $￿teMentS, the Trustees have a reasonable expectation that the Trust has adequate resources to conunue in operats.onal existence for the foreseeable future. Thus the Trustees continue lo adopt the going (xjncem basis ol accounting in preparing the financial ststements. 1.3 Charitabl8 funds Unrestricted funds are available use al the disuetion ol the TDJstees in fvrther8nce of their charitable objectives. Reslricled funds are subject lo specific conditions by donors or grantors as to how they may b8 used. The purposes and use5 of the restricted funds are sel out in the notes to Ihe finanoal statements. 1.4 Income Income is recognised when the Trust is legalty entided io il after any performance conditions have been met, the amounts can be measured reliabty. anil il is probable that income will be received. Cash donations are recognised on receipt. Other donations are ￿C(Yanised once the Trtisl has been notified ol the donation. unless perfomanee conditions require deferral of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or olherwise if the Trust has been notified of an impending distribution. the amount is known. and receipl is expected. If the amount is not known, the legacy is Irealed as a conlingenl asset. Donalions and legacies received for general purposes of the Charity are included as ullrestricled funds. Donations and legacies lor activities reslricled by the tems ol the donation are taken lo re5triGted funds where these wishes are legally binding on the Trustees. BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles Icontlnuedl Investment income and bank inleresl is included in the year in which il is receivable. 1.5 Expenditure All expenditure is included on an acuuals basis. The Ch3rity is not registered for VAT and accordingly expenditure is shown gross of iffecoverable VAT. The allocation of expenditure folbws the policies below.. Costs of charitable actiwty comprise all the resouri%s applied by the charity in undertaking its work to meet ils charitable objectives. induding Ihtsse support Costs and cDsts relaling lo the governan￿ of the charity 1.6 Cash and cash èquivalènts Cash and cash equivalents indude cash in hand. deposits held 81 call Nwth banks. other short-lerm liquid investments wth original malunlies of three months or less. and bank overdrafts. Bank overdiÈfts are shown within boTrowings in current liabilityes. 1.7 Financial instruments The Trust has elected to apply the provisK)ns ol Section 11 'Basic Financial In5trurnenis' and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instrurnenls. Financial instrurrents are recognised in the Twusvs balance sheet the Trusl bewmes paty to the contractual provisions of the instrument. Financial assets and liabilities are offsel. wlh the net arnounts presented in the financial statements, when there is a legally enforceable right to sel off the recognised amounts ar￿ there is an inteniion to settle on a net basis or to realise the asset and settle the liability simultaneously. Basi¢ financial assets Basic financial assets. which indude debtors and cash and bank balanc85, ar8 initially rneasured at transaction price including Iransaclion costs and are subseouently tArried al arnortised cost using the effectiv8 interest method unless the arrangement consiiluies a finanang transaction. where the Iransaction is measijred al the present value ol the lulure receipts discounted at a rnarkel rate of interest. Financial assets dassified as receivablè wthin one year are nol amortised. Basic financial liabilities Basic financial liabilities. induding credilors and bank loans are initially recognised at transaction price unless the arrangement conslilules a finanang transaction. where the debt insirument is tneasured at the prèsent value ol the future payments discounted at a market raie of interesL Financial liabilities dassified as payable within one year are not amortised. Debt instruments are 5ubsequenty carried al arnrytised cost. using Ihe effective interest rale method. Trade credrtors are obligab'ons to pay for goods or semces that have been aCqLJired in the ordinary course ol operations from suppliers. Amounts payable are classilied as current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised inits'ally at transaction price and subseouenuy measured al amortised cost using the effective interest method. Derecognitton of financial liabilities Financial li3bililies are derecognised wherb the Trust's contractual obligations expire or are discharged or cancelled. BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aceountlng pollcles Icontlnuedl 1.8 Employee benefits The cost of any unused holiday entitlement is ￿COgnIsed in the period in which the employee's services are ieceived. Termination benefits are rerA)gnised immediately as an expense when the Trust is demonstrably committed to terminale the empkjyment of an employee or to prowde lemiination benefits. Critical accounting estimates and judgements In the application of the Trusl's accounts.ng policies, Ihe Trustees are required to make judgernents. estimates and assumptions about the carrying amount of assets Ènd liabililies Ihat are nol readily apparent from olher sources. The estimates and associated assumptions are based on historical experienc£ and other factors Ihat are considered to be relevant. Aclual results may differ from these estimales. The estimates and undertying assumptions are rewewed on an ongoing basis. Revisions lo accounting estimates are ￿COgnised in the periixl in whith the estsmale is ￿￿sed where the revision affects only that period, or in Ihe period of the rev7sion and fLrtvre periods where Ihe revision affects both current an(5 futUTe periods. Income from donation5 and legaclès Unrestricted funds 2025 Unrestricted funds 2024 Donations and gifts Mernber5hip fees 4.000 49,623 3,340 51,592 53,623 54,932 Income from charitable activities Unrestri¢led funds 2025 Unrestricted funds 2024 Charitable Income Study Day Income Journal Incorne Conference Surplus Other income 14,221 87,145 19,818 502 14.692 53.214 24,396 2,582 121,686 94,884 io- BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities Total Funds Total Fund5 2025 2024 Direct cos¢s Branch Meeting5 Cost ol Wiley IJPD Website Costs Media SupKK)rt Bank Charges Donations Independent Examinèrfs Fee MiscellaneoLtS Administering the Charity Translation Services Leaflets RCS Pump Priming Grant Leg31 Fees Rights tsf the Child Fadsheet Poster 45,166 23,670 3,389 42,487 274 500 1,650 1,129 19.369 34,313 22,890 3,021 37,752 343 1,200 1,580 2.374 18.990 402 2,700 13,973 600 2,053 9,973 fjoo 148,207 142,191 Analysis by fund Unrestricted funds Reslricled lunds 148,207 141,891 300 148,207 142,191 Trustee$ None of the TnJslees lor any persons fjonneGted with Iheml received any remuneration or benefits frorn the Trust during the year. Taxation The charily is exempt froffl t8x8tion on its activibes because all its income is applied for charitable purposes. H•ritage assets The 8SPD National body owns the folh)wing assets". Presidential jewel. gavel and block valued at £7,933. 12024 £1,4(K)l. A revaluation of these assets was obtained in the year. 11 BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Debtors 2025 2024 Amount5 falling due within one year. Trade debtors Prepayrn&nts and accnJ8d income 2.914 36,378 2,914 39.292 2,914 10 Creditors.. amounts falling due wlthln one year 2025 2024 ArLru8ls and d8f8rr8d income 21.019 1,580 11 Restricted funds The restricied funds of the charity comprise Ihe unexperKled balances of donations and grants held on twst subject to specific conditions by donors as lo how Ihey may be used. Movement in funds Re$oLsrce8 Balance at Expended 31 Mar¢h 2025 Balanco at 1 April 2023 Rfrsources Balance al expendod 1 Aprfl 2024 Jane Goodman Prize 13001 4.100 4.100 12 UnrestrÉ¢ted funds The unrestricled funds of the charity comprise the unexpended balances of donations and grants which are not subject 10 speafic conditions by donors and granlors as to how they may be used. These include designated funds which have been set aside out of unrestricted lunds by the trustees for specific purposes. At 1 April 2024 Incoming resources ResoLFrces At 31 March expended 2025 General funds 293,483 175,309 1148,2071 320,585 Previous year: At 1 April 2023 Incomin resources Resources At 31 March expended 2024 General lunds 285,558 149.816 1141.8911 293,483 12 BRITISH SOCIETY OF PAEDIATRIC DENTISTRY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Analysis of net assets bel￿een funds Unrestricted Restricted fltnds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Fund balances at 31 March 2025 are represented by.. Current assetsllliabililiesl 320.585 4.100 324.685 293,483 4,100 297.583 320.585 4.100 324.685 293.483 4.100 297.583 14 Related party transactions There were no disclosable related party transaCtic￿$ during the year {2024 - none). 13