## President and Trustees report 2023-2024 ## **Reminder of PUBLIC BENEFIT:** As you all know, ADI’s charitable objects as stated in its Articles of Association are “To advance education in the field of dental implantology for the benefit of the public”, and “Advancement of health or saving of lives” ## **ADVANCEMENT OF EDUCATION** To increase the need for education on dental implants among the public and the industry, the ADI seeks to communicate with the public both directly via our Website, social media and publications, and through the dental professionals and their teams practising implants who make up the ADI’s membership. ## **GOVERNANCE** The ADI is administered by a nationally elected body of Trustees (the Board), all of whom are professional Dentists, Dental Care Professionals or Dental Technicians who have volunteered their time to meet regularly in order to develop and implement the strategy of the ADI. The Board has continued to meet regularly on schedule and in person, with the next meeting in January 2025. During the year ADI the Board has continued to review its governance structure with a medium-term view to maintaining and modernizing it over time. During summer 2024, a successful Trustee Election process has been held, resulting in seven new members joining the Board this year. We will also be welcoming a member of the Next Gen dentists’ committee to a formal Board role. The Board regularly assesses the level of risk to which the organisation and its activities is exposed, and maintains a risk register. Remedial actions are taken as necessary. To date, no substantive risk issues have arisen. The ADI remains a totally impartial organisation, with no commercial allegiances, and hence respected as a source of unbiased information. ADI also acts as a portal to events and courses from other providers through the online Events & Courses Calendar. The ADI Board has regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant. ## **PROGRESS REPORT** ## **Events and Mentoring** 2024 has been another busy and productive year for the ADI. We have adhered to our agreed Business Plan and delivered a range of successful events, including several Masterclasses, more than a dozen Regional Study Clubs both online and in person, and a series of educational specialist webinars. The ADI Next Gen Committee has also delivered a number of Roadshow events across the UK, aimed at mainly student audiences, which have attracted very positive audience responses and generated much positive publicity for the ADI as a whole. These were in addition to the very valuable marketing, publicity and social media work carried out by the Next Gen Committee. In 2025, we aim to deliver a full range of regionally-based and online Study Clubs, as well as two major Masterclasses and the Members National Congress, and a further range of Next Gen-led events. The first of these will be the Female Perspective Masterclass on Saturday 8 March at The Royal College of **-1-** Physicians. The BDIA and ADI have also agreed to revisit the successful ADI Implantology Zone at the upcoming BDIA Dental Showcase on 14 – 15 March 2025, again at the Excel London. The ADI also contributes to education by facilitating mentoring through the ADI Register of Mentors, numbering over 100 experienced practitioners, has been updated to enable members who wish to pass on their knowledge and clinical expertise. It continues to offer the benefits of accumulated knowledge to mentees and those interested in furthering their careers in implant dentistry. New Mentoring guidelines have been updated as of this month in alliance with CGDent. ## **Team Congress** The ADI Team Congress 2025 will be held in at the Brighton Conference Centre from 1-3 May and its theme is “The Implant Aesthetic Kaleidoscope – Vision, Precision, Transformation”. Once again we aim to attract over 1000 delegates and feature dozens of specialist lectures, workshops, hands-on sessions and social events. Details can be found at: https://www.adi.org.uk/association_dental_implantology_congress ## **Website and Online Presence** Continuous improvement of the functionality, accessibility and relevance of the ADI website and content has continued. A Customer Experience Review of all customer journeys, including membership applications, event booking, and membership benefits, has been carried out and over 60 improvements made. A new section has been created on the ADI mainsite, comprising 40 pages, covering a broad range of implantology topics. This content, produced in collaboration with Dr Manraj Kalsi of the ADI NextGen, falls under 5 main categories: - What is Dental Implantology - Career pathways - Before surgery - Surgical Stage - After-care These pages are intended to help those considering a career in implantology as well as those Clinicians in their early stages. We’ll continue to monitor and improve this content over time. Similarly, a number of pages have now been added to our Considering Dental Implants site. These are to help members of the public who are considering dental implants, so the understand what to expect before, during and after surgery. This also attracts traffic to the “Find a Dentist” database, and so raises the value of this member benefit. Likewise, the ADI Gateway and the CRM system have been updated to enhance the gathering of usable and strategic data on membership and aid in marketing the new membership benefits we are constantly developing. This is part of our commitment to improving the information available to Members and the public. Our ADI Dental Implant Placement Guidelines have been fully updated with the latest developments annually, and is freely available in electronic format to members on the ADI website. We have continued to build our online presence through the Members Facebook group, on X and Instagram, and through regular newsletters, to explore new areas of communicating our message more widely. We have substantial plans ongoing to step up both marketing and public awareness in the coming year, including our participation in live events and in partnership with like-minded organisations. Recently we formed such relationships with the Dental Nursing association BADN and the Hygienists and Therapists organisation BSDHT. The staff team remain dedicated, enthusiastic and focused on driving forward the agenda of projects outlined at the October Board and to completing another year of successful activity and organisational growth. **Student Ambassadors** **-2-** A lot of work has been taking place in recruiting Student Ambassadors at a number of UK institutions. We now have 20 ambassadors across 8 universities. This is really important in ensuring the ADI stays abreast of the generation gap as the profession evolves. We have been working with our Student Ambassadors on a programme of talks to students at a number of UK institutions. So far we have plans for or have delivered such events at Plymouth, Bristol, Kings College London, Sheffield, Leeds and Liverpool. There will also be a continuation of our programme of Next Gen Roadshows, bringing firstprinciples career advice from our early years Dental professionals to a variety of UK cities. ## **Membership** We have recently seen Clinician membership numbers begin to pick up following a large drop off as a result of being a non-Congress year. We have seen our highest number of new members since March 2023, and our best September performance since 2021. Student membership has also been very strong, following the growth of our Student Ambassador network. Combined UG & PG membership numbers are at their highest level since December 2020. As of 31 October 2024, the ADI had 2073 members including: - 1290 Clinicians (including retired and overseas) – - 74 Technicians - 46 Laboratories - 55 Companies - 146 Nurses - 69 Hygienists/Therapists - 18 Practice managers - 126 First Five Year practitioners - 146 Undergraduate Students - 69 Post-Graduate Students - 34 Honorary Members We are continually working to increase the benefits available to members and discounts on services, support and insurances. This year we have made Membership free to Dental Nurses and made major efforts to collaborate with specialist representative organisations across the whole Dental Implant team. Membership prices had remained largely constant for the past 7-8 years up to 2023, despite the rise in overall costs in the economy generally. As this is clearly unsustainable in the long run, the board have made the decision to increase fees in line with inflation annually. Despite this small increase, we believe the ADI continues to offer value for money and increased support for dental implant teams in all stages of their careers, through our educational and informational programmes, and we remain the leading UK Implant Dentistry forum for new techniques and developments in the industry. November 2024 **-3-** ## Honorary Treasurer’s report 2023-2024 ## **Finances** Careful financial stewardship over the years has enabled the ADI to undertake a wide and increasing range of activities, while ensuring sufficient financial reserves are in for the long term should there be a downturn in income. The ADI Board agreed that reserves of the order of £540,000 are required to underpin the Association’s activities over the next 5 years, to cover costs related to public awareness initiatives, future Congresses, premises and IT. The Board reviews its reserves policy on an annual basis, and this past year has proven successful in maintain the value of our investments despite the impacts of the volatile world geopolitical situation. This has meant shifting some of our holdings into safer markets such as global protein supplies and new technologies such as A.I, investing in companies whose market value has risen substantially with the swift advances in development. This has led to achieving a 6% net rise in value for our investment portfolio so far in 2024. This is above average in the markets we invest in. The ADI, like all Membership organisations, depends for the majority of its disposable income on the annual fees paid by Members. The current value of the company has been achieved mainly due to recouping costs spent last year and carefully directed spending for 2024. Our events have mostly broken even, and we have ensured that spending on incidentals has been kept to a minimum. As of 1 November 2024, the Nat West bank balances stood at £136,776.63 in the current account and £206,199.92 in the reserve account, totalling £342,976.55. Our CafBank balances stood at a total of £1387.98. In addition, we hold one remaining investment portfolio valued currently at £244,308. This gives an overall total worth for the company of £588,672.53. The investments are medium risk, and the funds can be accessed any time by the ADI. The investment markets have been unexpectedly buoyant since last year, leading to strong performance of funds like ours which are mid-risk international investments. Currently, 60% of our holdings are in Company shares, with the remainder in Bonds. Our investment managers advise that if we wish to re-invest funds, as we expect to be in a position to do once the costs of Congress are offset by both its income and that of the Membership renewals between December and March, we can achieve equal or higher returns on our funds through 2025. Last year, the Board agreed annual increases in Membership rates to be in line with inflation. The rates predicted for 2024 based on those of the British Chamber of Commerce have been announced, and thus we would like to implement a 2.3% increase in membership fees for 2025. This will mean the new fees will be: **-4-** - Clinician (inc. Overseas) £386 - Retired Clinician £74 - FFY Paid £192 - Hygienist/Therapist/Practice Manager £56 - Nurse £14 - Technician £83 - Laboratory/Company £386 ## **Balance Sheet attached** November 2024 **-5-** COMPANY REGISTRATION NUMBER 02260991 THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED (LIMITED 8Y GUARANTEEI FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Charlty Number 800238 OROUP BUSINESS ADVISORS & ACCOUP4fANrs The Granary Hones Yard Waverley Lane Famham Surrey GU9 8BB THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED TRUSTEES REPORT YEAR ENDED 31 JULY 2024 CONTENTS PAGE Trustees, annual report 1to7 Independent examinerfs report to the members Statement of financial activities (incorporating the income and expenditure account) 09 Balance sheet 10 Cash flow statement 11 Notes to the financial statements 12to19 THE ASSOCIAnoN OF DENTAL IMPLANTOLOGY LIMITED TRUSTEES REPORT YEAR ENDED 31 JULY 2024 The trustees (who are also directors of the charity tr the purposes of the Companies Act 2006), present their report and the audited financial statements of the charity for the year ended 31 July 2024. Legal and administrative information set out below and on page 2 form part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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 in October 2019. The bustees confim that they have complied with the duty in s17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission, when reviewing the Charity's aims and objectives and in planning future activities. REFERENCE AND ADMINISTRATIVE DETAILS Rogistored Charlty Name The Association of Dental Implantology Limited Charlty Reglstratlon Number Cornpany Reglstratlon Number 800238 02260991 (England and Wales) Reglst6r8d Office The Granary Hones Yard Waverley Lane Farnham Surrey GU9 8BB DIRECTORS AND TRUSTEES The trustees who served the charity during the year were as follows.. Mr A Patel Dr Z Kanaan Dr P George Professor N Donos Dr P Shenfine Dr A Mistry Dr Z Sacranie Ms L Baker Dr D Benson Dr J Carlisle Mr D Cleary Mr J McEnhill Professor E Scher Mr A Zidan Executlve Dlrector R Cantillon THE ASSOCIATION OF DENTAL IMPLANTOLOGY UMITED TRUSTEES REPORT YEAR ENDED 31 JULY 2024 Examiners TC Group The Courtyard Shoreham Road Upper Beeding Steyning West Sussex BN44 3TN Bankers National Westminster Bank PIC Richmond Branch 22 George Street Richmond Surrey rvis 1JW Place of bu¥lne88 Canopi 7- 14 Great Dover Street London SE14YR PUBUC BENEFIT As you all know, ADI'S charitable objects as stated in its Articles of Association are 'To advan￿ education in the field of dental implantology for the benefft of the public., and "Advancement of health or saving of lives. ADVANCEMENT OF EDUCATION To increase the need for education on dental implants among the public and the industry, the ADI seeks to communicate with the public both directly via our Website, social media and publications, and through the dental professionals and their teams practicing implants who make up the ADI'S membership. The patient website WWN.consideringdentslimplants.co.uk has been rebranded and updated, and the 16-page booklet 'Considering Dental Implants? A Patienfs Guide to Dental Implant Treatrnenf, has been distributed widely in the UK. This too continues to be completely revised and updated. We have continued to build our online presence and available information to explore new areas of communicats.ng our message more widely. We have substantial plans ongoing to step up both markebng and public awareness in the coming year, including our participation in live events and in partnership with like- minded organisations. Since September 2022, the AD'S newest sub-committee, Next Gen ADI, with membership drawn from those professionals in their first five years of dental practice, has built up considerable momentum in contnbuting to our governan￿, events and online Presen￿ in order to assist up and coming dentists in their career development OPFQrtunities. The ADI also contributes to education by organising Regional Study Clubs, Masterclasses, Focus rn￿tings, Members, Nats'onal Forums and Team Congresses, and by facilrtating mentoring through the ADI Register of Mentors. New Mentoring guidelines have been updated as of this month. THE ASSOCIATION OF DENTAL IPAPLANTOLOGY UMITED TRUSTEES REPORT YEAR ENDED 31 JULY2024 The ADI remains a totally impartial organisation, with no commercial allegiances, and hen￿ respected as a Sour￿ of unbiased information. ADI also acts as a portal to events and courses provided by other organisations through the online Events & Courses Calendar. The ADI Board has regard to the Charity Commission's public benefil guidance when exercising any powers or duties to which the guidance is relevant. GOVERNANCE The ADI is administered by a nationally elected body of Trustees (the Board), all of whom are professional Dentists, Dental Care Professionals or Dental Technicians who have volunteered their time to meet regularly in order to develop and implement the strategy of the ADI. The Board has continued to meet regularly on schedule and in person. During the year ADI the Board has continued to review its govemance Structure in depth, referring to the Charily Governance agreed proposals to restructure the Board to take effect from the 2023 AGM. Hence, the Board will be structured differently from this meeting forward, with the current members acting as a transition team to enable the new structure to fully bed in. New members are being recruited and a new strategic plan has been adopted. Elects'ons for available Trustee positions will be held in mid-2024. The Board regularly assesses the level of risk to which the organisation and its activities is exposed, and maintains risk register. Remedial actions are taken as necessary. ACHIEVEMENTS AND PERFORMANCE Thanks to careful financial management desprte various setbacks since the Covid pandemic, the ADI remains stable financially, wilh a strong membership base. Membership has increased over the past year and we are on course for a more stable and secure future in 2024. A) ADI websitslCRM 8y8tsm Continuous improvement ofthe functionality, accessibilty and relevance ofthe ADI website and content has continued. A Customer Experience Review of all cuslomer journeys, including membership applications, event booking, and membership benefits, has been carried out with a view10 making the website easier ar)d clearer to use. Likewise, the CRM system has been updated to enhance the gathering of usable and strategic data on memtership and aid in marketing the new membership benefits we are constantly cleveloping. B) Information and advlce for Members Our ADI Dental Implant Placement Guidelines have been fully updated with the latest developments annually, and is freely available in electronic ft)rmat to members the ADI webslte. Mentor Reglster The ADI Register of Mentors, numbering over 100 experienced practitioners, has been updated and acts as the conduit through which ADI is acting as a facilitator to enable members who wish to pass on their knowledge and clinical expertise. It continues to offer the benefits of accumulated knowledge to mentees and those interested in furthering their careers in implant dentistry. THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED TRUSTEES REPORT YEAR ENDED 31 JULY2024 Member8, Forurn Facebook Group The ADI Members, Forum Facebook Group has become an increasingly popular and active resource for members and continues to grow. Study Clubs and Webinars Study Clubs continue their pivotal role in the ADI'S meetings programme, with 19 events held over the year, and selected Study Club meetings have been livestreamed, with recordings made available to members via the ADI website. This online activity is set to increase in 2024 as we offer more streamed content and events, with specialist sessions aimed at all members of the dental implant team. The Study Club meetings programme through 2023 continued to attract large audiences to learn aboLrt the latest techniques and developments in Implant DentBty. ADI Gateway The ADI Gatéway resource for the whole dental community, continues to facilitate access tc relevant evidence- based research needed to answer important clinical questions. The Gateway is an easy to use online tool to identify the published consensus documents for topics, questions and keywords. A link is provided for each consensus document taking you to the article on thejoumal website. The ADI plans to continually develop this resource and will also update existing sections to reflect the publication of papers future consensus conferences, and update users on the latest technological developments. C) Mastsrclasse8 and Webinars The ADI Masterclass.. Peri-lmplantitis Defects (in collaboration with Osteology Foundation) was held on 19 November 2022, here at the Royal College of Physicians, and was another major success, attended by over 300 delegates. Full details of the meeting are available at.. https..I￿.adi.Org.uk}eVentsll6o4IadI masterclassJeriimplantsts's_defects_in_collaboration_with_osteolog y_foundation The ADI will maintain a full schedule of live Masterdasses through 2024, with the first on Saturday 27th January 2024 on Soft Tissue Grafting and Ridge Preservation, cfrpresented by the British Association of Oral Surgeons (BAOS) and the ADI. D) Team Congresses The ADI Team Congress 2023 held in atthe ICC Bimingham from 4* May and was themed on"Individual Ex￿llen￿ or Team Triumphs" It was a resounding Su￿5$, attrading 1000 delegates and featuring dozens of specialist lectures, workshops, hands-on sessions and social events. Detsils can be found al.. htt s.'lkn.adi.or .uklassociation dental im lanlolo con ress The next Team Congress will be held in Brighton in May 2025. THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED TRUSTEES REPORT YEAR ENDED 31 JULY 2024 El Membership As of 31 July 2024, the ADI had 1,748 members cA)mprising: 1,386 Clinicians 81 Technicians 46 Technician laboialories 46 Companies 182 Nurses 93 HYgienists￿herap1stS 28 Practi￿ Managers 133 First Five Years 133 students 34 Honorary Membership prices have remained largely constant for the past 7-8 years, despite the rise in overall costs in the economy generally, but this is not sustainable in the long run. Hence, we have been reluctantly forced by the general UK economic climate and the increased cost to administration and staging events lo increase the fees to members as ofthis meeting. We have however ￿taIned the discounts for clinicians within their first 5 years of graduating and membership remains free to students. Free attendance al ADI Study Clubs and the Members, National Forum is induded as part of the ADI membership package. We are working to increase the benefils available to members and discounts on serwices, support and insurances. We believe the ADI continues to offer value for money and increased support for dental implant teams in all stages of their careers, and we remain the leading UK Implant Dentistry forum for new techniques and developments in the industry. RESPONSIBILITIES OF THE TRUSTEES The trustees (who are also directors of the charitable company for the purposes of company law) are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees lo prepare financial statements for each financial year, which give a true and fairview of the state ofaffairs ofthe charitable company and of the incoming resources and application of resources (including the income and expenditure) of the charitable company for that period. In preparing those financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP 2019 IFRS 1021., make judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charitable company will conkn'nue in busin&ss. THE ASSOCIATION OF DENTAL IMPLANTOLOGY UMIIED TrUSTEES REPORT YEAR EPiIED 31 JULY ￿24 Th8 Iwstees a￿ ￿sponsIble for keeping adequate account¢ng Rcords that disclose wllh reasonable accurdcy al any time the f inancial position of the charitable company and enable th6m to ensure that the financ181 3tat8ments ¢omply with the Companles Act 20C6. They are also responsible for safeguarflng the assets of the Charitable company and hen￿fQrtsk[n9 reasonab￿ stsps for th8preventi)n and detection offraud and otr Irregularities. In so f8r as the twslees are awa￿,, th8rn Is no relevant audlt infomialion of which the charitable company's examiner is unaware; and the InJ8tee8 have taken all sl8ps that Ih&y ought to have taken as I￿Stee9 to make themselves awa of any relevant audit infomiation and to establish that the examin8r is aware of that Inf omatS0n. Thls ffeport whlch has been prepared In accordance wlth the speclal provlsions r81aling to ¢ompanle8 subject to 8m4 compts Pai 15 of ts Comp￿115 Act 2)A 4)provaJ by ts bowd 8fKI sh3r0J on Its behalf on,.. Registered off ice.. The Granary Hones Yard Wav8rf8y Lane Famham Surrey GU9 88B Signed by order of the tru8lee8 Mr Z Kanaan Presldent INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE ASSOCIATION OF DENTAL IMPLANTOLOGY UMITED Independent Examlnerfs Report to tha Trustees Assoclatlon of Dental Implantology Ltd I report to the charity trustees on my examination of the accounts of the company for the year ended 31 July 2024 which are set out on pages 9 to 19. Responsibilities and basis of report As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I reFY)rt in respect of my examination of your company's accounts as carried OLrt under section 145 of the Charities Ad 2011 (Ihe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examinerfs statement sin￿ the company's gross income ex￿eded £250,000 your examiner must a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records., or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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 4. the accounts have not been prepared in accordan￿ with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. 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. INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE ASSoc￿￿ON OF DENTAL IMPLANTOLOGY LNITED Name: Mark Cummins FCCA FCIE For and on behalf of TC Group The Courtyard Shoreham Road Upper Beeding Steyning West Sussex BN44 3TN Date.. THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNTI YEAR ENDED 31 JULY 2024 Totsl Funds 2024 Total Funds 2023 Note INCOME AND ENtKIWMENTS FROM: Donations and legacies Charitable activities Investments 507,677 153,993 11,295 483,401 621,986 12,530 TOTAL 672.965 1,117,917 EXPENDITURE ON: Raising funds Charitable activities (31,818) {641,313 {673,1311 (12,738) (1,394,435) (1,407,173) TOTAL Net gainl(lossl on investments Net Incomel(expendlture) 16 16,403 (13,204) (302,460) (302,460) 16,237 NET MOVEMENT IN FUNDS 18 16,237 RECONCILIATION OF FUNDS Total funds brought foward 465,488 767,948 TOTAL FUNDS CARRIED FORWARD 481,725 465,488 NOTE: Total incoming reSoUr￿S Total reSoU￿S expended NET INCOMINGI(OUTGOINGI RESOURCES BEFORE MOVEMENT IN IIIVESTMENTS 672,965 1673,131) 1,117,917 (1,407,173) (289,256) The Statement of Financial Activities indudes all gains and losses recognised in the year. All funds in the current and prior year were Un￿strIcted. All income and expenditure derives from continuing activities. The notes on pages 12 to 19 form part of these financlal statements IHE ASSOCIATION OF DENTAL IMPLANTOLOGY UkllTED &ILANCE SPEET 31 JULY 2024 2024 2023 Note HXED ASSETS IntaThJible assets Tengible assets 13 14 9,600 3,039 24, 5,146 12,639 30,106 CURRENT ASSETS Deblors Investments Cash al bank 16 16 106,409 237,552 419,111 109.686 317.588 277.2CM) 763,072 (293,986) 704.474 1269,092) CREDITORS: Amounts falllng du¢ wlthln on• y￿r 17 T CURRENT ASSETS 469,086 435,382 TOTIL ASSETS LESS CURRENT u￿lUmEs 481,725 465,488 NEf ASSETS 481,725 485.488 FUND8 un￿stsIc1ed gene￿1 fund TOTAL FUNDS 18 481,725 465,488 481,725 465.488 Th888 flnanclal 8lalements arn prep8red in acconlance wlth tho 8peclal ppJvisions of Pert 15 of Compani88 Act ￿aling to small charitab18 compan188 aNI were approved by the members of th8 comrn1tt88 and ar8 slgned on thelr behalf on 23 November 2024 by.. Mr Z Kanaan Pr8sldent Company Registsation Number. 02260991 .10- Tho notss on pag89 12 to 19 fomi part of the8e Ilnanclal 8tstsmonts THE ASSOCIATION OF DENTAL IMPLANTOLOGY UMITED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2024 2024 2023 Reconciliation of net {expenditure) to net cash flow from operating actlvlties Net income {as per the statement of financial activitles Adjustrnents for. Depreo8tion charges (Gainslllosses on inveslments Dividends and interest from investments (Increase)Idecrease in debtors Increasel(decrease) in creditors Net cash Inflowl{outhow) from operating a¢tivitles 16,237 (302.460) 17,467 (16,403) (11,295) 3,277 24,894 19,830 13,204 (12,530) 6,149 25,759 34,177 {250,048) CASH FLOW STATEMENT 2024 2023 Cash flows from operallng actlvitigs: Net ca3h provided by (used inl operating acfjvltles 34,177 (250,048) Cash flows from Investlng actSvltle8: Dividends and interest from investments PrO￿edS from sale of investments Purchase of investments Payments to acquire tangible fixed assets Net cash provided by {uged inl investing actlvltSe3 11,295 147.128 (50,689 12,530 42,435 (53,7431 (1,884) 107,734 (662) Change in cash and cash equivalents in the reportlng period Cash and cash equivalents at the beginning of the pericmj Cash and cash equivalénts at the end of the reporting perlod 141,911 277,200 {250,710> 527,910 419,111 277,200 -11- The notes on pages 12 to 19 form part of these flnancial statements THE ASSOCIATION OF DENTAL IMPLANTOLOGY UMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2024 ACCOUNTING POUCIES Basls of accounting The Association of Dental Implantology Limited is a tharitable company registered in England and Wales. In the event of the charitable company being wound up, the liability in respect of the guarantee is limrted to £1 per member of the charity. The registered office is The Granary, Hones Yard, Waverley Lane, Famham. Surrey, GU9 8BB. The financial statements have been prepared in accordance with the Charities.. Statement of Recommended Pra￿1￿ (applicable to charities preparing their accounls in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102})(issued in October 20191- (Charities SORP {FRS 1021), Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2CNJ6. The Association of Dental Implantology Limited meets the definition of a public benefit entty under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unles otherwise stated in the relevant accounting policy note{s). The financial statements are prepared on 8 going concern basis under the historical cost convention. After making appropriate enquiries, the trustees have a reasonable exFectats'on that the charity has adequate resources to continue in operational existence for the foreseeable future. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. b. Fund accounting General funds are unrestricted funds, which are available for use at the discretion of the trustees in furtheran￿ of the general objectives of the charity. c. Incoming resource8 All incoming resources are included in the Statement of Financial Activities when the charity is entilled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Voluntsry income is received by way of grants, donations and gifts and is included in full when receivable. Donated services and f%ilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these financial statements. Investment income is included when receivable. Membership income received throughout the year is deferred by five out of twelve months as membership runs to December. Money received for the biennial congress and any study courses which take place after the year end is deferred in order to recognise the income when the event takes place, and any associated prepaid costs are accounted for as prepayments. -12- THE ASSOCIATION OF DENTAL IMPLANTOLOGY UMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2024 ACCOUNTING POLICIES (continu60) d. Resources expended All expenditure is accounted for on an accruals basis as a liability is incurred. Expenditure includes VAT, which cannot be recovered, and is reported as part ofthe expenditure to which it relates. - Costs of generating funds comprise the costs associated with attracting voluntary incnme. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and seNices for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature ne￿SSary to support them. Govemance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and indude audit fees and costs linked to the strategic management of the charily. - All costs are allocated be￿een the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basls. e. IDtsngible assets and amortlsaton Intangible assets are amortised on a straight line basis over their useful lives, which forthe CRM and website is five years. f. Tanglble flxed assets and depreciation Fixed assets are recorded at cost less accumulated depreciation. The costs of minor additions or those costing below £750 are not Capitslised. Depreciation is provided at rates calculated to wrile off the cost of each asset over its expected useful lrfe. The rates used are as follows.. Fixtures, fittings and equipment at a rate to write off the value fully over four years on a straight line basis. g. Invgstments Stocks and shares quoted on a recognised stock exchange are induded in the balan￿ sheet at their mid- market value at the year end. The difference between market value and the original cosl of the investments are shown as unrealised investment gains or losses on the Statement of Financial Activities. The differen between the Balance Sheet value and the proceeds of investments disposed of are shown as realised gain or loss on the Siatement of Financial Activities. h. Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. i. Cash at Bank and in hand Cash at bank and in hand includes cash and short term highly Irquid investrnents wth a short maturity of three months or less from the date of acquisits'on or opening of the deposit or similar account. j. Creditors and provisions Creditors and provIs￿n5 are r￿n[Sed where the charity has a present obligatK)n resulting from a past eventthat will probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be meaSU￿d or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. -13- THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2024 ACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the charitable company's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other SoUr￿s. The estimates and asscciated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised. The trustees do not consider that there are any critical estimates or areas of judgement that need to be brought to the attention of the readers of the financial statements. INCOME FROM DONATIONS AND LEGACIES Unrestrlcted Unrestricted Fund8 2024 Funds 2023 Membership subscriptions 507,677 483,401 INCOME FROM CHARITABLE ACTIVITIES Unr08trlcted Unrestricted Funds 2024 Fund5 2023 Leaflets and Publications Exhibitions Meetings ICongressNasterclasseslStudy Clubs) Social Events 6,715 61,317 69,303 16,658 3,145 400,818 203,028 14,995 Totsl 153,993 621,g86 INVESTMENT INCOME Unrestrlcted Unréstricted Funds 2024 Funds 2023 Dividend income Interest income 9,329 1,966 8,389 3,691 Total 11,295 12,530 -1 THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2024 EXPENDITURE ON RAISING FUNDS Unrestricted Unrestricted Funds 2024 Funds 2023 Promotional cost Investment management costs Total 26,967 4,851 8,816 3,922 31,818 12,738 EXPENDITURE ON CHARITABLE ACTlVtTIES Unrestricted Unrestricted Funds 2024 Funds 2023 Venue Events Speakers Printing and Newsletters Course Malerials Exhibition Costs Journal Advertising and Marketing Insuran Salaries and Wages Temporary Staff Telephone Postage and Stationery Website Maintenance Couriers and Taxis Sundry Expenses Staff Expenses Computer Costs Depreciats'on of Equipment Amortisation Office Costs Bank Charges Governance costs Bad debts written off 138,962 14,498 20,529 7,111 1,709 711 30,072 48,823 4,989 173,232 448,289 63,058 91,600 25.894 2,614 5,728 55,446 75,435 3,320 328,326 576 4,602 24,073 14,470 1,796 52,008 44,559 15,953 4,470 15,360 20,334 10,005 86,519 5,356 10,358 5,312 1,524 2,865 25,415 20,930 2,107 15,360 7,042 86,715 13,345 Total 641,313 1,394,435 -1 THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2024 ANALYSIS OF GOVERNANCE COSTS Unrestrlcted Unrestricted Funds 2024 Funds 2023 Auditorfs fee Committee Expenses Legal and Professional fees Total 7.750 22,745 56,220 6,000 46,787 33,732 86,715 86,519 Amounts paid to the examiners included in the above figures totalled £14,129 {2023- £14,690). Amounts paid in respect of the independent review totalled £3,3O)12023- £6,000). Amounts paid in respect of other services totalled £6,379 {2023= £8,690). Due the nature of the organisation, the trustees consider the governance costs to be the only SUPFM)rt costs of the Charity. STAFF COSTS AND EMOLUMENTS Total staff costs wer8 a8 follow8: 2024 2024 Salaries and wages Soaal Securrty costs Retirement costs Pension costs 157,925 11,772 232,597 21,196 70,000 4,533 3,535 Total 173,232 328,326 One employee received emoluments of belween £60,000 to £70,000 (2023.. one). The average number of contracted employees during the year, was as follows.. 2024 No. 2023 No. Totsi The total employee benefits (including employers, national insuran￿) of the key management personnel of the charily was £73,17712023: £138,596). The prior year indudes a period where the charity was paying additional costs for an interim executive who was covering for staff sickness. 10. TRUSTEE REMUNERATION AND EXPENSES Expenses totslling £5,626 (2023.. £8,313) were reimbursed to 5 (2023: 6) trustees. Th&se represented payments for travel and Subsisten￿ to attend trustees, meetings. No other trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2023: £nil). 11. RELATED PARTY TRANSACTIONS There were no transactions with related parties during the year (2023.. nil). -1 THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2024 12. TAXATION No corporation tax has been charged on the surplus for the year because the activities of the Association of Dental Implantology Limited are not liable to corporation tax. 13. INTANGIBLE ASSETS CRM and web51te COST At 1 Augusl 2023 and 31 July 2024 76,800 DEPRECIATION At 1 August 2023 Charge for the year At 31 July 2024 51,840 15,360 67,200 NET BOOK VALUE At 31 July 2024 At 31 July 2023 9,600 24,960 14. TANGIBLE FIXED ASSETS Fixturns, Fittings and Equipment Total COST At 1 August 2023 Additions 37,567 37,567 At 31 July 2024 37,567 37,567 DEPRECIATION Al 1 August 2023 Charge for the year At 31 July 2024 32.421 2,107 32,421 2,107 34,528 34,528 NET BOOK VALUE At31 July 2024 At 31 July 2023 3,039 3.039 5,146 5,146 -17- THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2024 15. DEBTORS 2024 2023 Trade debtors VAT recoverable Prepayments Total 15,174 23,821 15,941 69,924 91,235 106,409 109,686 16. INVESTMENTS Movement In market value 2024 Market value at 1 August 2023 Acquisitions at cost Disposal prO￿edS Gains on dispjsals Unrealised gainl{loss) in year Market Value at 31 July 2024 317,588 50,689 (147,128 18,819 (2,416 237,552 Historical c08t at 31 July 2024 Historical cost at 31 July 2023 198,402 276,480 Gains on investments included in the Statement of Financial Activity totslling £16,40312023'. loss of £13,204) comprise unrealised losses of £2,417 {2023.' loss of £18,288) and realised gains of £18,819 {2023.' £5,084). 17. CREDITORS: Amounts falling due within on• year 2024 2023 Trade creditors Accrued expenses Taxation Deferred income (see below) 17.309 13,667 21,060 241,950 18,447 13,820 236,825 Total 293,986 269,092 Deferred income brought ft)rward totals £236,825. This was released in the year to the Statement of Financial Artivities. £241,950 was deferred during the year, and carfied forward as at 31 July 2024. Deferred income comprises aspects as follows". al advan￿ sales relating lo the 2025 Congress, Next Gen Roadshows and Maslerdasses. bl Memberships are paid in advance in relation to the calendar year. Therefore fflembership income for the period 1st August 2024 to 31st DeTrmber 2024 has been deferred. -18- ThE ASSOCIATION OF DENTAL IPIPLANTOLOGY LIMrrED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY2024 18. ANALYSIS OF CHARITABLE FUNDS ANALYSIS OF MOVEMENT IN UNRESTRICTED FUNDS Balance at 1 August 2023 Incoming resources Outgoing Investment resources gainsl{losses Balance at 31 July 2024 Unrestricted funds.. General fund 465,488 672,965 (673,131) 16,403 481,725 ANALYSIS OF MOVEMENT IN UNRESTRICTED FUNDS - Previou8 year Balance at Incoming Outgoing Investment 1 August 2022 resource8 re80urc88 gain81(losses) 8alance at 31 July 2023 Unrestrlcted lunds.. General fund 767,948 1,117,917 11,407,173 113,204) 465,488 All the charity's funds are unrestricted and held in the general fund. -19- COMPANY REGISTRATION NUMBER 02260991 ## **THE ASSOCIATION OF DENTAL IMPLANTOLOGY LIMITED** **(LIMITED BY GUARANTEE)** FINANCIAL STATEMENTS FOR THE YEAR ENDED **31 JULY 2024** Charity Number 800238 **-1-** ## **Independent Examiner's Report to the Trustees Association of Dental Implantology Ltd** I report to the charity trustees on my examination of the accounts of the company for the year ended 31 July 2024 which are set out on pages 9 to 19. ## **Responsibilities and basis of report** As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no 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 company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. 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. Name: Mark Cummins FCCA FCIE For and on behalf of TC Group The Courtyard Shoreham Road, Upper Beeding Steyning, West Sussex BN44 3TN 18 November 2024 **-2-** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE** ## **INCOME AND EXPENDITURE ACCOUNT)** ## **YEAR ENDED 31 JULY 2024** |||**Total Funds**|TotalFunds| |---|---|---|---| |||**2024**|2023| ||**Note**|**£**|£| |**INCOME AND ENDOWMENTS FROM:**|||| |Donations and legacies|**3**|**507,677**|483,401| |Charitableactivities|**4**|**153,993**|621,986| |Investments|**5**|**11,295**|12,530| |**TOTAL**||**672,965**|1,117,917| |**EXPENDITURE ON:**|||| |Raisingfunds|**6**|**(31,818)**|(12,738)| |Charitableactivities|**7**|**(641,313)**|(1,394,435)| |**TOTAL**||**(673,131)**|(1,407,173)| |Net gain/(loss) on investments|**16**|**16,403**|(13,204)| |**Net income/(expenditure)**||**16,237**|(302,460)| |**NET MOVEMENT IN FUNDS**|**18**|**16,237**|(302,460)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||**465,488**|767,948| |**TOTAL FUNDS CARRIED FORWARD**||**481,725**|465,488| |||**=**|**=**| |**NOTE:**|||| |Total incoming resources||**672,965**|1,117,917| |Total resources expended||**(673,131)**|(1,407,173)| |**NET INCOMING/(OUTGOING) RESOURCES **|**BEFORE**||| |**MOVEMENT IN INVESTMENTS**||**166**|(289,256)| |||**=**|**=**| The Statement of Financial Activities includes all gains and losses recognised in the year. All funds in the current and prior year were unrestricted. All income and expenditure derives from continuing activities. ## **Association of Dental Implantology Balance Sheet 31 July 2024** |**Note**
**FIXED ASSETS**
Intangibleassets
**13**
Tangible assets
**14**
**CURRENT ASSETS**
Debtors
**15**
Investments
**16**
Cash at bank
**CREDITORS: Amounts falling due within one year**
**17**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted general fund
**18**
**TOTALFUNDS**|**2024**
2023
**£**
£
**9,600**
24,960
**3,039**
5,146
**12,639**
30,106
**106,409**
109,686
**237,552**
317,588
**419,111**
277,200
**----------------------------**
**763,072**
704,474
**(293,986)**
(269,092)
**----------------------------**
**469,086**
435,382
**481,725**
465,488
**481,725**
465,488
**=**
**=**
**481,725**
465,488
**481,725**
465,488
**=**
**=**|**2024**
2023
**£**
£
**9,600**
24,960
**3,039**
5,146
**12,639**
30,106
**106,409**
109,686
**237,552**
317,588
**419,111**
277,200
**----------------------------**
**763,072**
704,474
**(293,986)**
(269,092)
**----------------------------**
**469,086**
435,382
**481,725**
465,488
**481,725**
465,488
**=**
**=**
**481,725**
465,488
**481,725**
465,488
**=**
**=**| |---|---|---| |||30,106
109,686
317,588
277,200
704,474
(269,092)
435,382
465,488
465,488
**=**
465,488| |||465,488
**=**| These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small charitable companies and were approved by the members of the committee and are signed on their behalf on 23rd November 2024 by: .............................................. Mr Z Kanaan, President Company Registration Number: 02260991