**REGISTERED CHARITY NUMBER: 327706**
**Report of the Trustees and Unaudited Financial Statements for the Year Ended 30th June 2022**
## **for**
**Anglo-French Medical Society**
Hardings Chartered Accountants 6 Marsh Parade Newcastle-under-Lyme Staffordshire ST5 1DU
**Anglo-French Medical Society**
## **Contents of the Financial Statements for the Year Ended 30th June 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 2|
|**Independent Examiner's Report**|3|
|**Statement of Financial Activities**|4|
|**Balance Sheet**|5|
|**Notes to the Financial Statements**|6 to 10|
|**Detailed Statement of Financial Activities**|11|
**Anglo-French Medical Society**
## **Report of the Trustees for the Year Ended 30th June 2022**
The trustees present their report with the financial statements of the charity for the year ended 30th June 2022. The trustees have adopted the provisions of Accounting 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 (FRS 102) (effective 1 January 2019).
## **Financial review**
## **Statement of Accounts**
The accounts for the year ended 30 June 2022 have been prepared and have been sent to our accountant, Mr James Scott of Hardings Accountants, Newcastle-under-Lyme. The accounts will be circulated to the committee for agreement on their return before submission to the Charities Commission.
The financial situation remains static with poor return on capital. With the lack of movement in the Bank of England base rate, there is little scope for optimism for return on our savings.
We are hopefully seeing the end of global restrictions on travel and face to face meetings following the Covid-19 pandemic and were able to hold a successful Medical French Course thanks to the excellent work of Dr Zara Bieler, Christine Greenwood and their colleagues. We had already paid deposits to a number of contractors that were carried over from last year.
There were 59 delegates and we made a surplus of £9,750.
After the expenses and receipts of deposits for our conferences in Lille and Manchester have been allocated to the appropriate year, our cash flow for the past year showed an inflow of £11,127 (last year:outflow of £22,267).
Total bank charges for the year were £122.
Our overall net worth at year end was £86,306 (last year £75,203).
Our net income was £11,103 (last year net expenditure of £5,344).
We have not yet claimed the Gift Aid tax refund and hope to reclaim this in retrospect. Thanks to our Membership secretary and Mr Tony Ridge, many members have taken up this route of payment of their annual subscription. I would urge any members who have not so far completed a Gift Aid form to strongly consider doing so.
## **Sources of income**
As mentioned in the opening paragraph, the main sources of the Society's income are from subscriptions, aided by the income from our various conferences and the interest received from our bank accounts.
Members of the society, along with well wishers might consider adding a small bequest to the society in their wills.
## **Accountants**
The Society has again benefitted greatly from the help given by Mr James Scott of Hardings Accountants in Newcastle-under-Lyme in his professional guidance in our financial affairs. I should like to express to him the Society's appreciation and thanks.
## **Structure, governance and management**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 1
**Anglo-French Medical Society**
## **Report of the Trustees for the Year Ended 30th June 2022**
## **Reference and administrative details Registered Charity number**
327706
## **Principal address**
25 Ferryhill Place Aberdeen AB11 7SE
## **Trustees**
A Hassan M Cottrill J Altrip C Mumford Dr I Khan
## **Independent Examiner**
J Scott FCCA Hardings Chartered Accountants 6 Marsh Parade Newcastle-under-Lyme Staffordshire ST5 1DU
Approved by order of the board of trustees on 29th September 2022 and signed on its behalf by:
Dr I Khan - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of Anglo-French Medical Society**
## **Independent examiner's report to the trustees of Anglo-French Medical Society**
I report to the charity trustees on my examination of the accounts of Anglo-French Medical Society (the Trust) for the year ended 30th June 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
J Scott FCCA Hardings Chartered Accountants 6 Marsh Parade Newcastle-under-Lyme Staffordshire ST5 1DU
29th September 2022
Page 3
**Anglo-French Medical Society**
## **Statement of Financial Activities for the Year Ended 30th June 2022**
|||**30/6/22**|**30/6/21**|
|---|---|---|---|
|||**Unrestricted**|**Total**|
|||**fund**|**funds**|
||**Notes**|**£**|**£**|
|**Income and endowments from**||||
|Donations and legacies||4,275|4,513|
|**Charitable activities**||||
|Conference||35,731|-|
|Investment income|2|-|6|
|**Total**||40,006|4,519|
|**Expenditure on**||||
|Raising funds|3|73|880|
|**Charitable activities**||||
|Conference||20,117|2,709|
|Other||8,713|6,274|
|**Total**||28,903|9,863|
|**NET INCOME/(EXPENDITURE)**||11,103|(5,344)|
|**Reconciliation of funds**||||
|**Total funds brought forward**||75,203|80,547|
|**Total funds carried forward**||86,306|75,203|
The notes form part of these financial statements
Page 4
**Anglo-French Medical Society**
## **Balance Sheet 30th June 2022**
|||**30/6/22**|**30/6/21**|
|---|---|---|---|
|||**Unrestricted**|**Total**|
|||**fund**|**funds**|
||**Notes**|**£**|**£**|
|**Current assets**||||
|Stocks|7|18|18|
|Cash at bank||87,104|75,977|
|||87,122|75,995|
|**Creditors**||||
|Amounts falling due within one year|8|(816)|(792)|
|**Net current assets**||86,306|75,203|
|**Total assets less current liabilities**||86,306|75,203|
|**NET ASSETS**||86,306|75,203|
|**Funds**|9|||
|Unrestricted funds||86,306|75,203|
|**Total funds**||86,306|75,203|
The financial statements were approved by the Board of Trustees and authorised for issue on 29th September 2022 and were signed on its behalf by:
I Khan - Trustee
The notes form part of these financial statements
Page 5
**Anglo-French Medical Society**
## **Notes to the Financial Statements for the Year Ended 30th June 2022**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% on cost
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. Investment income**
||**30/6/22**|**30/6/21**|
|---|---|---|
||**£**|**£**|
|Deposit account interest|-|6|
Page 6
continued...
**Anglo-French Medical Society**
## **Notes to the Financial Statements - continued for the Year Ended 30th June 2022**
## **3. Raising funds**
## **Raising donations and legacies**
|**Raising donations and legacies**|||
|---|---|---|
||**30/6/22**|**30/6/21**|
||**£**|**£**|
|Support costs|73|880|
## **4. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 30th June 2022 nor for the year ended 30th June 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30th June 2022 nor for the year ended 30th June 2021.
## **5. Comparatives for the statement of financial activities**
|**Comparatives for the statement of financial activities**||
|---|---|
||**Unrestricted**|
||**fund**|
||**£**|
|**Income and endowments from**||
|Donations and legacies|4,513|
|Investment income|6|
|**Total**|4,519|
|**Expenditure on**||
|Raising funds|880|
|**Charitable activities**||
|Conference|2,709|
|Other|6,274|
|**Total**|9,863|
|**NET INCOME/(EXPENDITURE)**|(5,344)|
|**Reconciliation of funds**||
|**Total funds brought forward**|80,547|
|**Total funds carried forward**|75,203|
continued...
Page 7
**Anglo-French Medical Society**
## **Notes to the Financial Statements - continued for the Year Ended 30th June 2022**
## **6. Tangible fixed assets**
|**6.**|**Tangible fixed assets**||||
|---|---|---|---|---|
|||||**Fixtures,**|
|||||**fittings**|
|||||**& equipment**|
|||||**£**|
||**Cost**||||
||At 1st July 2021 and 30th June 2022|||3,608|
||**Depreciation**||||
||At 1st July 2021 and 30th June 2022|||3,608|
||**Net book value**||||
||At 30th June 2022|||-|
||At 30th June 2021|||-|
|**7.**|**Stocks**||||
||||**30/6/22**|**30/6/21**|
||||**£**|**£**|
||Stock of ties,medals & shields||18|18|
|**8.**|**Creditors: amounts falling due within one year**||||
||||**30/6/22**|**30/6/21**|
||||**£**|**£**|
||Other creditors||816|792|
|**9.**|**Movement in funds**||||
||||**Net**||
||||**movement**|
**At**|
|||**At 1.7.21**|**in funds**|
**30.6.22**|
|||**£**|**£**|**£**|
||**Unrestricted funds**||||
||General fund|75,203|11,103|86,306|
||**TOTAL FUNDS**|75,203|11,103|86,306|
||Net movement in funds, included in the above are as follows:||||
|||**Incoming**|**Resources**|
**Movement**|
|||**resources**|**expended**|
**in funds**|
|||**£**|**£**|**£**|
||**Unrestricted funds**||||
||General fund|40,006|(28,903)|11,103|
||**TOTAL FUNDS**|40,006|(28,903)|11,103|
continued...
Page 8
**Anglo-French Medical Society**
## **Notes to the Financial Statements - continued for the Year Ended 30th June 2022**
## **9. Movement in funds - continued**
## **Comparatives for movement in funds**
|||**Net**||
|---|---|---|---|
|||**movement**|**At**|
||**At 1.7.20**|**in funds**|**30.6.21**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|80,547|(5,344)|75,203|
|**TOTAL FUNDS**|80,547|(5,344)|75,203|
Comparative net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|4,519|(9,863)|(5,344)|
|**TOTAL FUNDS**|4,519|(9,863)|(5,344)|
A current year 12 months and prior year 12 months combined position is as follows:
|||**Net**||
|---|---|---|---|
|||**movement**|**At**|
||**At 1.7.20**|**in funds**|**30.6.22**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|80,547|5,759|86,306|
|**TOTAL FUNDS**|80,547|5,759|86,306|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|44,525|(38,766)|5,759|
|**TOTAL FUNDS**|44,525|(38,766)|5,759|
continued...
Page 9
**Anglo-French Medical Society**
## **Notes to the Financial Statements - continued for the Year Ended 30th June 2022**
## **10. Related party disclosures**
There were no related party transactions for the year ended 30th June 2022.
Page 10
**Anglo-French Medical Society**
## **Detailed Statement of Financial Activities for the Year Ended 30th June 2022**
|**Detailed Statement of Financial Activities**
**for the Year Ended 30th June 2022**|||
|---|---|---|
||**30/6/22**|**30/6/21**|
||**£**|**£**|
|**Income and endowments**|||
|**Donations and legacies**|||
|Subscriptions|4,275|4,513|
|**Investment income**|||
|Deposit account interest|-|6|
|**Charitable activities**|||
|Conference fees|35,731|-|
|**Total incoming resources**|40,006|4,519|
|**Expenditure**|||
|**Charitable activities**|||
|Conference expenses|19,264|2,709|
|**Other**|||
|Office expenses - other|8,713|6,274|
|**Support costs**|||
|**Finance**|||
|Bank charges|122|88|
|**Governance costs**|||
|Accountancy and legal fees|804|792|
|Total resources expended|28,903|9,863|
|**Net income/(expenditure)**|11,103|(5,344)|
This page does not form part of the statutory financial statements
Page 11