Society of Back Pain Research (SBPR) Financial Accounts Year Ended 5 April 2023
Society of Back Pain Research (SBPR)
Contents Page Year Ended 5 April 2023
| Trustees Annual Report Independent Examiners Report Income Statement Balance Sheet Notes to the Financial Statements |
Page Number |
|---|---|
1 - 3 4 - 5 6 7 8 - 9 |
Society of Back Pain Research (SBPR)
Trustees Annual Report
Year Ended 5 April 2023
The trustees, who are also directors for the purposes of company law, present their report and the unaudited financial statements of the company for the period ended 5 April 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Office:
Honey Hill Cottage Elkington Northampton NN6 6NL
The Trustees:
The trustees who served the company during this year were as follows:
Richard Harker Naffif Anjarwalla
Bankers:
HSBC
1
Society of Back Pain Research (SBPR)
Trustees Annual Report (continued)
Year Ended 5 April 2023
Structure, Governance and Management
The board of trustees comprise 2 persons who are elected at the Annual General Meeting of the company. The minimum number of trustees is two.
The trustees may fill any vacancy arising amongst the Trustees by resolution at a meeting of the Board of Trustees. The appointee will serve until the next Annual General Meeting, at which they will retire and offer themselves for re-election.
The Trustees delegate powers of day-to-day operations to Richard Harker
Objectives
The objectives are:
-
to promote, encourage and advance the study of back pain;
-
to advance the professional development of professional dealing with the surgical and non-surgical treatment of back pain;
-
to advance the education of the public in general (and particular amongst back pain surgeons) on the subject of back pain disease and to promote research for the public benefit in all aspects of that subject and to publish the useful results.
2
Year Ended 5 April 2023
Society of Back Pain Research (SBPR)
Trustees Annual Report (continued)
Financial Review
The loss for the year was £ (3810). The trustees continue to explore ways of increasing future revenue and undertake budgetary reviews in respect of costs.
Reserves Policy
The level of reserves at 5 April 2023 stood at £ 39049 comprising all net assets.
Investment Policy
There are no restrictions on the charity’s power to invest. The trustees continue to monitor the reserves and adopt a low risk policy, with the bulk of the reserves invested with the bank.
Risk Management
The trustees have examined the major strategic and operational risks which the charity faces and confirm that systems have been established to mitigate any risks.
Plans for Future Periods
The trustees undertake to continue to offer a high standard of service to the members.
The trustees will perform budgetary reviews and seek ways of increasing revenues to help to increase its operating surplus and net assets.
Independent Examiner
Shahid Babu Patel (FCCA) has been re-appointed as independent examiner for the ensuing year.
Registered Office: Signed on behalf of the trustees: Honey Hill Cottage Elkington Northampton NN6 6NL President:
5 October 2023
3
Society of Back Pain Research (SBPR)
Independent Examiner’s Report to the Members of Society of Back Pain Research
Year Ended 5 April 2023
I report on the accounts of the company for the year ended 5 April 2023 which are set out on pages 6 to 8.
Respective Responsibilities of Trustees and Examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this period under sections 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the company is not subject to audit and is eligible for independent examination, it is my responsibility to:
-
examine the accounts;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of Independent 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 organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect the requirements:
-
to prepare accounts which accord with the accounting records, and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities.
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
4
Society of Back Pain Research (SBPR)
Independent Examiner’s Report to the Members of Society of Back Pain Research (SBPR)
Year Ended 5 April 2023
Shahid Babu Patel (FCCA) Independent Examiner
SBP (Southport) Limited T/as S.B. Patel & Co Tolsey House 1 Marshside Road Southport PR9 9TL
Dated: 5 October 2023
5
Society of Back Pain Research (SBPR)
Income Statement
Year Ended 5 April 2023
| Incoming Resources Subscriptions Company Sponsorships Fellowship Grants Conference Registrations Less: Expenditure: Administration Fees Fellowship Expenses Promoter Costs Venue Hire & Expenses Travel & Subsistence Expenses Printing, Advertising & Website Costs Insurance Subscriptions Accountancy Gifts & Prizes Bank Charges Net (Loss) |
£ 3112 2400 9902 25427 6312 5448 230 29337 62 475 330 350 900 1146 60 |
2023 | £ 40841 44651 |
|---|---|---|---|
| (3810) |
2022
£
£
| 3180 | |
|---|---|
| 0 | |
| 0 | |
| 4141 | 7321 |
| 6500 | |
| 5109 | |
| 0 | |
| 0 | |
| 122 | |
| 0 | |
| 0 | |
| (127) | |
| 840 | |
| 0 | |
| 21 | 12465 |
(5144)
Society of Back Pain Research (SBPR)
Statement of Financial Position
As at 5 April 2023
| Current Assets Bank Balances Debtors Current Liabilities Creditors & Accruals Accumulated Reserves Surplus Brought Forward (Loss) for the Year Surplus Carried Forward |
£ 39948 0 39948 900 42859 (3810) |
2023 | £ 39048 |
|---|---|---|---|
| 39049 |
----- Start of picture text -----
2022
----- End of picture text -----
£
£
44299 0 44299
1440
42859
48003 (5144)
42859
Society of Back Pain Research (SBPR) Financial Accounts Year Ended 5 April 2023
Society of Back Pain Research (SBPR)
Contents Page Year Ended 5 April 2023
| Trustees Annual Report Independent Examiners Report Income Statement Balance Sheet Notes to the Financial Statements |
Page Number |
|---|---|
1 - 3 4 - 5 6 7 8 - 9 |
Society of Back Pain Research (SBPR)
Trustees Annual Report
Year Ended 5 April 2023
The trustees, who are also directors for the purposes of company law, present their report and the unaudited financial statements of the company for the period ended 5 April 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Office:
Honey Hill Cottage Elkington Northampton NN6 6NL
The Trustees:
The trustees who served the company during this year were as follows:
Richard Harker Naffif Anjarwalla
Bankers:
HSBC
1
Society of Back Pain Research (SBPR)
Trustees Annual Report (continued)
Year Ended 5 April 2023
Structure, Governance and Management
The board of trustees comprise 2 persons who are elected at the Annual General Meeting of the company. The minimum number of trustees is two.
The trustees may fill any vacancy arising amongst the Trustees by resolution at a meeting of the Board of Trustees. The appointee will serve until the next Annual General Meeting, at which they will retire and offer themselves for re-election.
The Trustees delegate powers of day-to-day operations to Richard Harker
Objectives
The objectives are:
-
to promote, encourage and advance the study of back pain;
-
to advance the professional development of professional dealing with the surgical and non-surgical treatment of back pain;
-
to advance the education of the public in general (and particular amongst back pain surgeons) on the subject of back pain disease and to promote research for the public benefit in all aspects of that subject and to publish the useful results.
2
Year Ended 5 April 2023
Society of Back Pain Research (SBPR)
Trustees Annual Report (continued)
Financial Review
The loss for the year was £ (3810). The trustees continue to explore ways of increasing future revenue and undertake budgetary reviews in respect of costs.
Reserves Policy
The level of reserves at 5 April 2023 stood at £ 39049 comprising all net assets.
Investment Policy
There are no restrictions on the charity’s power to invest. The trustees continue to monitor the reserves and adopt a low risk policy, with the bulk of the reserves invested with the bank.
Risk Management
The trustees have examined the major strategic and operational risks which the charity faces and confirm that systems have been established to mitigate any risks.
Plans for Future Periods
The trustees undertake to continue to offer a high standard of service to the members.
The trustees will perform budgetary reviews and seek ways of increasing revenues to help to increase its operating surplus and net assets.
Independent Examiner
Shahid Babu Patel (FCCA) has been re-appointed as independent examiner for the ensuing year.
Registered Office: Signed on behalf of the trustees: Honey Hill Cottage Elkington Northampton NN6 6NL President:
5 October 2023
3
Society of Back Pain Research (SBPR)
Independent Examiner’s Report to the Members of Society of Back Pain Research
Year Ended 5 April 2023
I report on the accounts of the company for the year ended 5 April 2023 which are set out on pages 6 to 8.
Respective Responsibilities of Trustees and Examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this period under sections 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the company is not subject to audit and is eligible for independent examination, it is my responsibility to:
-
examine the accounts;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of Independent 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 organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect the requirements:
-
to prepare accounts which accord with the accounting records, and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities.
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
4
Society of Back Pain Research (SBPR)
Independent Examiner’s Report to the Members of Society of Back Pain Research (SBPR)
Year Ended 5 April 2023
Shahid Babu Patel (FCCA) Independent Examiner
SBP (Southport) Limited T/as S.B. Patel & Co Tolsey House 1 Marshside Road Southport PR9 9TL
Dated: 5 October 2023
5