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2022-06-30-accounts

REGISTERED CHARITY NUMBER: 800213

Report of the Trustees and Receipts and Payment Accounts for the year ended 30 June 2022

for

British Society for Dermatological Surgery

British Society for Dermatological Surgery Receipts and Payments Accounts for the year ended 30 June 2022

Contents

Page
Report of the Trustees 1 - 4
Receipts and Payments 5 - 6
Statement of Assets and Liabilities 7
Independent Examiners Report 8

British Society for Dermatological Surgery

Report of the Trustees

for the year ended 30 June 2022

The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 30 June 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name

British Society for Dermatological Surgery

Registered charity number

800213

Charity’s principal address

Willan House 4 Fitzroy Square London W1T 5HQ

Names of Trustees

Dr Harvinder Ghura Dr Thomas Oliphant Dr Stephen Keohane Dr Lisa Naysmith Dr Wal Hussain Dr Adam Bray (appointed July 2021)

Independent Examiner

Edmund Cartwright FCCA MAAT Johnsons Chartered Accountants Morton House 9 Beacon Court Pitstone Green Business Park Pitstone LU7 9GY

[1]

British Society for Dermatological Surgery

Report of the Trustees (cont.) for the year ended 30 June 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The governing document is the society’s constitution dated 5 July 2022.

Constitution of Charity

The charity is a society.

Trustee Selection Methods

The President, President Elect, Secretary, Treasurer, Newsletter Editor and other ordinary members of the Committee shall be elected at the Annual General Meeting. Nominations may be made by the Committee or by any two members and shall be sent, together with the written consent of the Nominee, to the Secretary not less than two months before the Annual General Meeting. Such nominations shall be circulated with a notice of that Meeting. Members unable to attend shall be entitled to vote by post. If other nominations are not received for the filling of vacancies, the Committee’s nominees shall be deemed elected.

Any vacancy occurring on the Committee other than by retirement may be filled by a member to be co-opted by the Committee.

The Committee may co-opt other members as it sees fit.

OBJECTIVES AND ACTIVITIES

Summary of the objects of the charity set out in its governing document

The British Society for Dermatological Surgery (BSDS) are the UK leaders in the field of Dermatological Surgery. The purpose of the Society is to promote, for the public benefit, interest in and knowledge of Dermatological Surgery.

The BSDS have a range of meetings and courses that run throughout the year and offer fellowships and awards. The BSDS provide resources, such as surgical log books, case studies and peer reviews for the benefit of medical professionals. They have also produced minimum standards documents and position statements on issues relating to Dermatological Surgery.

A scientific meeting relating to the objects of the Society shall be arranged at least once a year by the Executive Committee. One such meeting shall be held in association with the Annual General Meeting. Contributions to scientific meetings shall be regarded as private unless permission for publication is given specifically .

[2]

British Society for Dermatological Surgery

Report of the Trustees (cont.) for the year ended 30 June 2022

ACHIEVEMENTS AND PERFORMANCE

Summary of the main achievements of the charity during the year

Dermatological surgery continues to be an increasingly popular subspecialty with the BSDS membership continually growing. Currently there are over 400 members, with 245 ordinary member and 81 trainee members.

The BSDS is now approaching 40 years in 2023, facilitating over 5 courses each year; 2 clinical meetings; an executive committee of 15 members; a modernised functioning website and two Executive Officers.

The core focus of the BSDS continues to be education and training and the following events took place between July 2021 and June 2022:

Examples of Meetings and Events July 2021 – June 2022

Awards and Prizes

Medical Student Essay Prize

In Jan 22 Dr Sukhmunni Johal, studying at Oxford University won £300 for their essay on “What beneficial changes has the pandemic made to dermatological surgery?

In Jul 22 Dr Jessica McKeever, studying at the University of Dundee won £300 for their essay on “You’re on mute! – Potentials and pitfalls with remote teaching in skin surgery”

Traveling Fellowship Award

In December 2021 Dr David Rutkowski was awarded £1,000 to further their international studies and research taking place over an extensive 2-week observership period with Dr Stan N. Tolkachjov, MD, FAAD, FACMS in Dallas, Texas

Trustee renumerations and reimbursements

No trustees were remunerated for services provided for and on behalf of the charity.

The total amount of trustee expense reimbursements occurring in the period amount to £279.10 with 1 trustee.

[3]

British Society for Dermatological Surgery

Report of the Trustees (cont.) for the year ended 30 June 2022

FINANCIAL REVIEW

Total receipts for the year were £177,364 the majority of which related to the annual surgery workshop. Total expenditure, including asset purchases, for the year amounted to £177,771 and the net result was a decrease in cash held of £407 year on year.

Policy on reserves

The Society’s reserves are maintained in order to cover the prospect of 9 years of loss of income, particularly with respect to staff costs and potential future pandemic causing hardship.

DECLARATION

The Trustees declare that they have approved the trustee’s report above.

Name : Dr Thomas Oliphant

Position: BSDS Treasurer

Signed :

Trustee, on behalf of British Society for Dermatological Surgery

Date : 08/09/2022

[4]

British Society for Dermatological Surgery Receipts and Payments Accounts for the year ended 30 June 2022

Receipts and payments

Receipts
Courses
Annual Surgery Workshop
Eventsforce
Stitch-Up
Clinical Meeting
Other
Subscriptions
Annual dinner
Sponsorship
Investment Income
Advertising
Sundry
Total receipts
Payments
Courses
Annual Surgery Workshop current year
Clinical Meeting
Head and Neck
Stitch-Up
Other
Distribution of ASW profit share re prior year
Staff related costs
Annual dinner
Membership and course refunds
Fellowship awards and prizes
Clinical meeting
Software development
Website
Executive Committee costs
Office costs
Legal and professional fees
Travel and accommodation
Sundry
Sub-total payments
Asset purchases
Total Payments
Net receipts/(payments) carried forward		 2022
114,850
-
25,880
1,915
17,760
-
11,250
3,762
500
1,447
177,364
74,411
-
-
-
-
49,353
3,075
8,074
2,458
1,032
12,783
-
-
1,708
14,217
9,011
1,649
177,771
-
177,771
(407)		 2021
3,620
15,040
7,225
-
21,490
-
14,600
3,364
700
-
66,039
33,152
1,647
-
13,576
-
45,017
-
-
5,450
-
12,264
7,848
18
-
6,919
-
2,689
128,580
561
129,141
(63,102)

[5]

British Society for Dermatological Surgery Receipts and Payments Accounts for the year ended 30 June 2022

Receipts and payments (cont.)

Net receipts/(payments) brought forward
Cash funds last year end
Cash funds this year end		 2022
(407)
159,230
158,823		 2021
(63,102)
222,332
159,230

[6]

British Society for Dermatological Surgery Receipts and Payments Accounts for the year ended 30 June 2022

Statement of assets & liabilities at the end of the period

Cash funds
Current Account
Deposit Account
Other monetary assets
Funds collected on the charity’s behalf by the British Association of
Dematologists not paid over by the year end
Deposit paid re Executive Committee
Deposit paid re Annual Surgery Workshop
Deposit paid re Advanced Skin Cancer Meeting
Investment assets
IFSL CAF Investment Fund
Assets retained for the charity’s own use
Computer assets
Liabilities
ASW profit share to be distributed
Head & Neck profit share to be distributed
Delegate fees received in advance
Accrued costs		 2022
78,193
80,630
158,823
2022
1,463
-
-
5,807
7,270
2022
119,871
119,871
2022
1,337
1,337
2022
-
2,136
6,915
1,753
10,804		 2021
144,800
14,430
159,230
2021
2,335
3,440
32,821
5,807
44,403
2021
124,410
124,410
2021
-
-
2021
-
2,136
28,885
1,596
32,617

Signed on behalf of all the trustees by:

Name : Dr Thomas Oliphant

Position : BSDS Treasurer

Signed

Date : 03 May 2023

[7]

Independent Examiners Report to the Trustees of British Society for Dermatological Surgery for the year ended 30 June 2022

I report to the trustees on my examination of the accounts of the above charity for the year ended 30 June 2022 which are set out on pages one to seven.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and 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 confirm 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 charity as required by Section 130 of the Act; or

  2. the accounts do not accord with those accounting records,

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.

Edmund Cartwright FCCA MAAT Johnsons Chartered Accountants Morton House 9 Beacon Court Pitstone Green Business Park Pitstone LU7 9GY

Date: 03 May 2023

[8]