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<br>Independent Examiners Report<br>Income Statement<br>Balance Sheet<br>Notes to the Financial Statements|**Page Number**|
|---|---|
||<br>1 - 3<br>4 - 5<br>6<br>7<br>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: 

1. 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 

2. 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**<br>Subscriptions<br>Company Sponsorships<br>Fellowship Grants<br>Conference Registrations<br>**Less:**<br>**Expenditure:**<br>Administration Fees<br>Fellowship Expenses<br>Promoter Costs<br>Venue Hire & Expenses<br>Travel & Subsistence Expenses<br>Printing, Advertising & Website Costs<br>Insurance<br>Subscriptions<br>Accountancy<br>Gifts & Prizes<br>Bank Charges<br>**Net (Loss)**|**£**<br>3112<br>2400<br>9902<br>25427<br>6312<br>5448<br>230<br>29337<br>62<br>475<br>330<br>350<br>900<br>1146<br>60|**2023**|**£**<br>40841<br>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**<br>Bank Balances<br>Debtors<br>**Current Liabilities**<br>Creditors & Accruals<br>**Accumulated Reserves**<br>Surplus Brought Forward<br>(Loss) for the Year<br>**Surplus Carried Forward**|**£**<br>39948<br>0<br>39948<br>900<br>42859<br>(3810)|**2023**|**£**<br>**39048**|
|---|---|---|---|
||||**39049**|






**----- Start of picture text -----**<br>
2022<br>**----- End of picture text -----**<br>


## **£** 

## **£** 

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<br>Independent Examiners Report<br>Income Statement<br>Balance Sheet<br>Notes to the Financial Statements|**Page Number**|
|---|---|
||<br>1 - 3<br>4 - 5<br>6<br>7<br>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: 

1. 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 

2. 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