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2022-12-31-accounts

British Medical Laser Association Honorary Secretary’s Report 2023

At the close 2022, BMLA membership had remained above 200 for the second year running with 104 Full members and 101 Basic members and 10 Honorary members. Reassuringly, 72% of the membership had renewed from the previous year. With investment into a new membership system planned for coming year (more about that below), the BMLA reluctantly decided to increase membership fees although, mindful of the current cost of living for many, the increase was limited to the Basic membership fee. The committee also agreed to rename the “Basic membership” to “Standard membership”. As such, the following fees were implemented from Jan 1[st] 2023: Full Membership: £95 (same as last year) and Standard Membership: £55 (increased from £45).

In May (2022), the BMLA hosted its first face to face conference, since before the pandemic, at the Surgeons Quarters (Edinburgh) - the postponed venue booking from 2020. The conference was a huge success and ran smoothly with minimal hitches. A high-quality evidence based scientific programme for the medical and aesthetic laser community included over 50 expert speakers presenting in over 20 live sessions. All the courses were very well attended with several bookings being taken on the day. The introduction of course on “how to treat skin of colour” was also very well received. The scientific programme was packed with high quality content delivered by leading experts in lasers, aesthetics, PDT, basic science, dentistry and many other disciplines. The conference was attended by 164 delegates and the courses attracted 68 registrations. Financially, the BMLA annual conference resulted in a small deficit of around £4,000 however, post conference feedback was hugely positive with 95% of respondents stating they would be likely or very likely to recommend the conference to a colleague.

There were 29 abstracts were submitted and 28 were selected for oral presentations. The following prizes were awarded:

BMLA prize awards (£100 award)

The BMLA was again very grateful to Springer for the donation of their book voucher which was awarded to Shetha Naji for her leading research into how “Pulsed dye Laser treatments can be delivered safely without formal test-patching in children”.

Perhaps the highlight of the conference took place at the welcome reception which incorporated the official launch of Vasant Oswal’s autobiography. The evening included a Q&A session with Vasant in which he recounted numerous anecdotes from his book as well as a photo opportunity. The book documents his life and his fantastic contribution to the field of Lasers in ENT surgery. As a founding member of the BMLA, the conference delegates expressed their admiration for his great achievements and this fantastic autobiography.

Council elections took place during the AGM as Tom Lister and Reem Hannah had both reached the end of their tenure on the BMLA executive committee this year (2022). They each stood for re-election and were successfully voted for another term in office.

The growing level of membership over the last few years has been very encouraging for the association but having undertaken a recent survey, the executive committee was aware that further work is required to improve the value being offered to its members and increase awareness of the benefits of being part of the BMLA. As such, the committee agreed to implement a new membership system which will not only improve enrolment and annual subscription payments but will also provide a platform to create an on-line membership area with facilities

1 JX BMLA 2023

such as hosting webinars, document libraries and chat forums. However, the real value to members will, of course, come from the content up-loaded and shared in the member area and so it was also agreed that there should be a concerted effort to reach out to the wider membership for support in generating content and actively contributing. Along with this new membership platform and its benefits, the BMLA also agreed to refresh its brand and is planning the launch of a new logo and further commitment to an enhance presence on social media in the coming year.

Finally, the BMLA was delighted with the announcement by Vasant Oswal in which he pledged a donation in excess of £2,500 to fund between 3 – 5 sponsorships opportunities for trainees who wished to attend future BMLA conferences. This donation is gratefully received and provides the BMLA with further charitable funds by which it can continue to deliver its key objectives for the medical laser community:

Dr. Jonathan Exley Honorary Secretary

2

JX BMLA 2023

Registered Charity: 800062

BRITISH MEDICAL LASER ASSOCIATION INDEPENDENT EXAMINER'S REPORT

AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Leathley & Co - Poynton Office Park Lane Business Centre

78 Park Lane Poynton Cheshire SK12 1RE

British Medical Laser Association Director's Report and Financial Statements For The Year Ended 31 December 2022

Contents
Page
Charity Information 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Accounts 5 to 7

British Medical Laser Association Company Information For The Year Ended 31 December 2022

Charity Number 800062 179 Park Lane Registered Address Poynton Cheshire SK12 1RH Neal Ford Accounts Accountant 179 Park Lane Poynton Cheshire SK12 1RH Independent Examiner Leathley & Co - Poynton Office AAT and IFA Member in Practice Park Lane Business Centre 78 Park Lane Poynton Cheshire SK12 1RE

Page 1

British Medical Laser Association

Independent Examiner’s Report For The Year Ended 31 December 2022

Independent Examiner's Report to the trustees of British Medical Laser Association

I report to the charity trustees on my examination of the accounts of British Medical Laser Association for the year ended 31 December 2022

Responsibilities and basis of report

As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('The 2011 Act').

I report in respect of my examination of your charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the 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 can confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material aspect:

• the accounts did 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; or

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.

Glenn C. Leathley FMAAT FFA FFTA FIPA Leathley & Co. Park Lane Business Centre 78, Park Lane Poynton Cheshire SK12 1RE 03 May 2023

Page 2

British Medical Laser Association Income and Expenditure Account For The Year Ended 31 December 2022

2022 2021
Notes £ £
TURNOVER 63,316 49,756
Cost of sales (50,977 ) (32,316 )
GROSS SURPLUS 12,339 17,440
Administrative expenses and Governance Costs (7,797 ) (13,178 )
OPERATING SURPLUS 4,542 4,262
Other interest receivable and similar income 106 6
SURPLUS FOR THE FINANCIAL YEAR 4,648 4,268

The notes on page 5 form part of these financial statements.

Page 3

British Medical Laser Association Balance Sheet As at 31 December 2022

2022 2021
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,277 1,722
Cash at bank and in hand 77,707 74,373
78,984 76,095
Creditors: Amounts Falling Due Within One Year 5 (751 ) (2,510 )
NET CURRENT ASSETS (LIABILITIES) 78,233 73,585
TOTAL ASSETS LESS CURRENT LIABILITIES 78,233 73,585
NET ASSETS 78,233 73,585
Unrestricted Funds 78,233 73,585
TOTAL FUNDS CARRIED FORWARDS 78,233 73,585

The notes on page 5 form part of these financial statements.

The net movement of funds stated is derived in full throughout the year from continuing charitable operations.

Approved by the board on 10[th] May 2023

And signed on its behalf by:

R. Bhutani Trustee 10[th] May 2023

Page 4

British Medical Laser Association Notes to the Accounts For The Year Ended 31 December 2022

1. General Information

British Medical Laser Association is a charity, registered in England & Wales, registered number 800062. The registered office is 179 Park Lane, Poynton, Cheshire, SK12 1RH.

2. Accounting Policies

Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with 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) issued on 16 July 2014 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds: These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Designated funds: These are unrestricted funds earmarked by the trustees for particular purposes. Restricted funds: These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of income: Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Income with related expenditure: Where income has related expenditure the income and related expenditure is reported gross in the SoFA.

Donations and legacies: Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income.

Tax reclaims on donations and gifts: Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.

Donated services and facilities: These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help: The value of any volunteer help received is not included in the accounts.

Investment income: This is included in the accounts when receivable.

Gains/(losses) on revaluation of fixed assets: This includes any gain or loss resulting from revaluing investments to market value at the end of the year.

Gains/(losses) on investment assets: This includes any gain or loss on the sale of investments.

Expenditure

Recognition of expenditure: Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Expenditure on raising funds: These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.

Expenditure on charitable activities: These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs.

Grants payable: All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs: These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure: These are support costs not allocated to a particular activity.

Page 5

British Medical Laser Association Notes to the Accounts For The Year Ended 31 December 2022

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Average Number of Employees

Average number of employees, including trustees, during the year was as follows: NIL (2021: NIL) Neither the trustees nor any persons connected with them received any remuneration or expenses during the year.

3 Charity Status

The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

4. Debtors

Due within one year
VAT
. Creditors: Amounts Falling Due Within One Year
Trade creditors
Accruals and deferred income
2022
£
1,277
1,277
2022
£
1
750
751
2021
£
1,722
1,722
2021
£
-
2,510
2,510

5. Creditors: Amounts Falling Due Within One Year

6. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

Page 6

British Medical Laser Association Detailed Income and Expenditure Account For The Year Ended 31 December 2022

TURNOVER
Conference income
Membership fees
Website advertising
Other revenue
COST OF SALES
Virtual Conference
Management fees
Premises costs
Support and administration costs
GROSS SURPLUS
Administrative Expenses
Staff training
Travel expenses
Insurance
Advertising and marketing costs
Website costs
Accountancy fees and Independent Examination
Consultancy fees
Subscriptions
Bank charges
Sundry expenses
OPERATING SURPLUS
Other interest receivable and similar income
Bank interest receivable
SURPLUS FOR THE FINANCIAL YEAR
2022
£
£
42,123
12,413
1,250
7,530
63,316
-
23,505
24,395
3,077
(50,977 )
12,339
-
82
555
2,368
213
(440 )
-
4,255
763
1
(7,797 )
4,542
106
106
4,648
2022
£
£
42,123
12,413
1,250
7,530
63,316
-
23,505
24,395
3,077
(50,977 )
12,339
-
82
555
2,368
213
(440 )
-
4,255
763
1
(7,797 )
4,542
106
106
4,648
2021
£
£

30,848

17,158

1,750

-

49,756
10,289
21,851
176
-

(32,316 )

17,440
50
1,396
-
4,102
712
1,794
3,224
1,320
340
240

(13,178 )

4,262
6

6

4,268
2021
£
£

30,848

17,158

1,750

-

49,756
10,289
21,851
176
-

(32,316 )

17,440
50
1,396
-
4,102
712
1,794
3,224
1,320
340
240

(13,178 )

4,262
6

6

4,268
63,316




(50,977 )
49,756




(32,316 )
-
82
555
2,368
213
(440 )
-
4,255
763
1


50
1,396
-
4,102
712
1,794
3,224
1,320
340
240
12,339










(7,797 )
17,440










(13,178 )
106

6
4,542

106
4,262

6

4,648 4,268

Page 7

Registered Charity: 800062

BRITISH MEDICAL LASER ASSOCIATION INDEPENDENT EXAMINER'S REPORT

AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Leathley & Co - Poynton Office Park Lane Business Centre

78 Park Lane Poynton Cheshire SK12 1RE

British Medical Laser Association Director's Report and Financial Statements For The Year Ended 31 December 2022

Contents
Page
Charity Information 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Accounts 5 to 7

British Medical Laser Association Company Information For The Year Ended 31 December 2022

Charity Number 800062 179 Park Lane Registered Address Poynton Cheshire SK12 1RH Neal Ford Accounts Accountant 179 Park Lane Poynton Cheshire SK12 1RH Independent Examiner Leathley & Co - Poynton Office AAT and IFA Member in Practice Park Lane Business Centre 78 Park Lane Poynton Cheshire SK12 1RE

Page 1

British Medical Laser Association

Independent Examiner’s Report For The Year Ended 31 December 2022

Independent Examiner's Report to the trustees of British Medical Laser Association

I report to the charity trustees on my examination of the accounts of British Medical Laser Association for the year ended 31 December 2022

Responsibilities and basis of report

As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('The 2011 Act').

I report in respect of my examination of your charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the 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 can confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material aspect:

• the accounts did 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; or

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.

Glenn C. Leathley FMAAT FFA FFTA FIPA Leathley & Co. Park Lane Business Centre 78, Park Lane Poynton Cheshire SK12 1RE 03 May 2023

Page 2

British Medical Laser Association Income and Expenditure Account For The Year Ended 31 December 2022

2022 2021
Notes £ £
TURNOVER 63,316 49,756
Cost of sales (50,977 ) (32,316 )
GROSS SURPLUS 12,339 17,440
Administrative expenses and Governance Costs (7,797 ) (13,178 )
OPERATING SURPLUS 4,542 4,262
Other interest receivable and similar income 106 6
SURPLUS FOR THE FINANCIAL YEAR 4,648 4,268

The notes on page 5 form part of these financial statements.

Page 3

British Medical Laser Association Balance Sheet As at 31 December 2022

2022 2021
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,277 1,722
Cash at bank and in hand 77,707 74,373
78,984 76,095
Creditors: Amounts Falling Due Within One Year 5 (751 ) (2,510 )
NET CURRENT ASSETS (LIABILITIES) 78,233 73,585
TOTAL ASSETS LESS CURRENT LIABILITIES 78,233 73,585
NET ASSETS 78,233 73,585
Unrestricted Funds 78,233 73,585
TOTAL FUNDS CARRIED FORWARDS 78,233 73,585

The notes on page 5 form part of these financial statements.

The net movement of funds stated is derived in full throughout the year from continuing charitable operations.

Approved by the board on 10[th] May 2023

And signed on its behalf by:

R. Bhutani Trustee 10[th] May 2023

Page 4

British Medical Laser Association Notes to the Accounts For The Year Ended 31 December 2022

1. General Information

British Medical Laser Association is a charity, registered in England & Wales, registered number 800062. The registered office is 179 Park Lane, Poynton, Cheshire, SK12 1RH.

2. Accounting Policies

Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with 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) issued on 16 July 2014 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds: These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Designated funds: These are unrestricted funds earmarked by the trustees for particular purposes. Restricted funds: These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of income: Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Income with related expenditure: Where income has related expenditure the income and related expenditure is reported gross in the SoFA.

Donations and legacies: Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income.

Tax reclaims on donations and gifts: Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.

Donated services and facilities: These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help: The value of any volunteer help received is not included in the accounts.

Investment income: This is included in the accounts when receivable.

Gains/(losses) on revaluation of fixed assets: This includes any gain or loss resulting from revaluing investments to market value at the end of the year.

Gains/(losses) on investment assets: This includes any gain or loss on the sale of investments.

Expenditure

Recognition of expenditure: Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Expenditure on raising funds: These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.

Expenditure on charitable activities: These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs.

Grants payable: All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs: These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure: These are support costs not allocated to a particular activity.

Page 5

British Medical Laser Association Notes to the Accounts For The Year Ended 31 December 2022

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Average Number of Employees

Average number of employees, including trustees, during the year was as follows: NIL (2021: NIL) Neither the trustees nor any persons connected with them received any remuneration or expenses during the year.

3 Charity Status

The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

4. Debtors

Due within one year
VAT
. Creditors: Amounts Falling Due Within One Year
Trade creditors
Accruals and deferred income
2022
£
1,277
1,277
2022
£
1
750
751
2021
£
1,722
1,722
2021
£
-
2,510
2,510

5. Creditors: Amounts Falling Due Within One Year

6. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

Page 6

British Medical Laser Association Detailed Income and Expenditure Account For The Year Ended 31 December 2022

TURNOVER
Conference income
Membership fees
Website advertising
Other revenue
COST OF SALES
Virtual Conference
Management fees
Premises costs
Support and administration costs
GROSS SURPLUS
Administrative Expenses
Staff training
Travel expenses
Insurance
Advertising and marketing costs
Website costs
Accountancy fees and Independent Examination
Consultancy fees
Subscriptions
Bank charges
Sundry expenses
OPERATING SURPLUS
Other interest receivable and similar income
Bank interest receivable
SURPLUS FOR THE FINANCIAL YEAR
2022
£
£
42,123
12,413
1,250
7,530
63,316
-
23,505
24,395
3,077
(50,977 )
12,339
-
82
555
2,368
213
(440 )
-
4,255
763
1
(7,797 )
4,542
106
106
4,648
2022
£
£
42,123
12,413
1,250
7,530
63,316
-
23,505
24,395
3,077
(50,977 )
12,339
-
82
555
2,368
213
(440 )
-
4,255
763
1
(7,797 )
4,542
106
106
4,648
2021
£
£

30,848

17,158

1,750

-

49,756
10,289
21,851
176
-

(32,316 )

17,440
50
1,396
-
4,102
712
1,794
3,224
1,320
340
240

(13,178 )

4,262
6

6

4,268
2021
£
£

30,848

17,158

1,750

-

49,756
10,289
21,851
176
-

(32,316 )

17,440
50
1,396
-
4,102
712
1,794
3,224
1,320
340
240

(13,178 )

4,262
6

6

4,268
63,316




(50,977 )
49,756




(32,316 )
-
82
555
2,368
213
(440 )
-
4,255
763
1


50
1,396
-
4,102
712
1,794
3,224
1,320
340
240
12,339










(7,797 )
17,440










(13,178 )
106

6
4,542

106
4,262

6

4,648 4,268

Page 7