Charity registration number SC013965 (Scotland)
SCOTTISH SOCIETY OF ANAESTHETISTS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 7 MARCH 2025
SCOTTISH SOCIETY OF ANAESTHETISTS
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of Receipts & Payments | 5 |
| Statement of Balances | 6 |
| Notes to the financial statements | 7 - 9 |
scorrisH SOCIETY OF ANAESTHETISTS TRUSTEES. REPORT FOR THE YEAR ENDED 7 MARCH 2025 The trustees present ther annual rewt and financial stalennts for the year ended 7 March 2025. Tha financial statèmonts hav8 boan prèparèd in accordanco with tho accountirvJ policiès sat out in notè 1 to tha financial statèm•nts and comply wth thè Charity's govèming &)cum•nt. thè Charitiès and Trust•• Invèstmènt (Scollandl Art 2005, th? Charities Accounts {ScoarlI Regulation5 2008 las amendgdl and 'Accounling and Reportir@ by Chari(ies'. Statement of Recommended Practice applicable lo charTties preparing their accounts in accordance with the Financial Reporting Standard apICable in the UK and Republic of Irdand IFRS 1021. {8ff8ctiv8 1 January 20191. ObJectlve$ and athllks Th8 Scottish Secièty of An•th•5 is a Trust •stalSh•d to fUrIr th• UdY of 8ci•nc• and practic• of anaesthosa. Th8 past yoar has swn dolivory of 2 successfvl in-person conferences. with oxcdlent attendance and delivery of educational content. W8 have had 8xcell8nl feedback from th8 conferenc8s, and have continued lo deliver on thè 'local' naturè of th8 m'n9$, satisfying •duCatal and soual opportunity whilst again minimising unno¢ossary travèl and onvironmontal cMc¢m$. In April 2024 we host¢d our Spring m••ting •t Pe••$ Ftydro and this w•s arthr so11 out av•nt. Tho m•èting turned • small $urplu$ and off¢rod ex¢dlonl v•lue lor d•l¢gal•$. The Winter m¢eting w•$ held In Invom•$s, and was a joint ms•t#ig with th• Association ofAnaosth•tists. This w••ting was •Jain wo11 aftd. A$ part of our ¢hantabl• go•l$. w• hav• ¢ontinu¢d our 0¥ndItUre lo support ros•arth, travol and u¢tIonal grants. A total of £3,945 was award8d in this accountirg year. This is slighdy r8ducod compared lo th8 proviou5 financial year. The discrepancy is due to changing the dates of applicat?n d8adlines. with tho rost of tho grants paid in tho next financial y•ar. Grants wore awarded to a mixture of res8arch projects, personal trav81 grants and sponsorship of aducational 8vants. W• also awartsd applicants vtho Pre$t t1r •ducational work at our nf•r•nc•s. The prowous SSA OXO¢Lrtiv¢ investèd xme funds into • Chjrity ALrtn$•d Invesknent Fund whi¢h initially show¢d po¢¥ gro due lo th¢ subduod gh)b•l e¢or+tynic wsition in the bm• after tho init1 inve$tmont. Thi$ h•$ improvod ovor Ihg course of Ih¢s finanaal year. The cuont exgculivg aro considering •llocting som• fund$ ~ curr•ntly h•ld in on• of our bu%n•s$ cash acco19- to a ft¥•d l•mi int•t•gt account. Achlevements and performance This yoar th8 charity reports a suwus due to a continued sofid membership. trade sponsorship and delegat f88s from our educatnal ma&tings. As an exutiVe. we have discussed increasing the funds w& allocate in grants. and wid•nirwJ crit•ria for th•s• award$. Membership levels rèmain at approximatèty 400 manbers. All new mèMr$ pay their subscription through thè G¢urdle$s sy$tem, wrth a reducing numbw of members still p•ying by dirert debit. A total of £7,667 was receNed in membership subscriptions in this financial year. up vjhY on last year. Research. resentation and travel awards ran from £200 - £1.000 were allocated to I paymen esurge con Inue o suptx) na omy courso run a rew&. Financial ieview Thè surplus for the year was £14,891. Thg financkil statomonts have boon propared with currant statutory requirèments and the charity's trust deed. The Princip source of incomè was from subscriptions and ee4)fÈrÈnett. Reserves pollcy In the opinion of the trustees, the chartys assets arg sufficignl for it lo fulfil thè obligations of tho charity. Tha trusteès considèr thè minimum core njnning cost of thè organisation to bè £1,OlXI.
SCOTTISH SOCIETY OF ANAESTHETISTS
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 7 MARCH 2025
Risk Management
The Trustees have reviewed the major risks facing the charity and have designed suitable procedures and processes to mitigate these risks.
Plans for the future
The next meeting is the Winter meeting with the Royal College of Anaesthetists, to be held in Perth, Scotland on the 17[th ] and 18[h ] November 2025. The Spring meeting is booked for Peebles Hydro on 23[th ] and 24[th ] April 2025.
The executive will consider allocating a proportion of funds (currently in a business cash account) to a fixed rate/ fixed term interest account.
The trustees consider that the assets of the Society will allow us to run the Society without the need for specific fundraising activity.
Structure, governance and management
The charity is a registered unincorporated association, number SC013965 and is governed by its constitution.
Current Trustees
Other trustees during the year
Key Management Personnel Remuneration
The trustees consider the board of trustees to be the key management personnel of the charity in charge of directly controlling the charity on a day to day basis.
All of the Scottish Society of Anaesthetists’ Trustees are appointed or reappointed by the members at our annual general meeting which is held in the spring each year.
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SCOTTISH SOCIETY OF ANAESTHETISTS
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 7 MARCH 2025
Charity Registration Number
SC013965
Contact address
Scottish Society of Anaesthetists
Glasgow Royal Infirmary Anaesthetic Department
Level 3 Walton Building
Glasgow Royal Infirmary
84 Castle Street
Glasgow, G4 0SF
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Scotland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees' report was approved by the Board of Trustees.
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SCOTTISH SOCIETY OF ANAESTHETISTS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SCOTTISH SOCIETY OF ANAESTHETISTS
I report on the financial statements of the Charity for the year ended 7 March 2025, which are set out on pages 5 to 9.
Respective responsibilities of trustees and examiner
The Charity’s trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(a) which gives me reasonable cause to believe that in any material respect the requirements:
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(i) to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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(ii) to prepare financial statements which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations;
have not been met or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
on behalf of Thomson Cooper Accountants 3 Castle Court Carnegie Campus Dunfermline KY11 8PB
Dated: 1 December 2025
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SCOTTISH SOCIETY OF ANAESTHETISTS
STATEMENT OF RECEIPTS AND PAYMENTS
FOR THE YEAR ENDED 7 MARCH 2025
| Notes Receipts Charitable activities 2 Other trading activities 3 Investments 4 Total receipts Payments Charitable activities 7 Net Receipts/(Payments) |
Total 2025 £ 43,194 21,082 964 65,240 50,349 14,891 |
Total 2024 £ 31,036 19,210 972 |
|---|---|---|
| 51,218 | ||
| 30,584 | ||
| 20,634 |
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SCOTTISH SOCIETY OF ANAESTHETISTS
Statement of Balances
AS AT 7 MARCH 2025
| Notes Bank and deposit balances Bank and deposit balances brought forward (Deficit)/Surplus in the year Bank and deposit balances carried forward Investments Investments at cost Investments at market value Liabilities : Accruals 8 The Accounts were approved by the Trustees on 1 December 2025 |
Total 2025 £ 103,459 14,891 118,350 59,953 59,016 828 |
Total 2024 £ 82,822 20,634 |
|---|---|---|
| 103,456 | ||
| 57,859 | ||
| 57,447 | ||
| 828 | ||
Signed for and on behalf of the Trustees
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SCOTTISH SOCIETY OF ANAESTHETISTS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 MARCH 2025
1 Accounting policies
Charity information
Scottish Society of Anaesthetists is a Trust established to further the study of the science and practice of anaesthesia.
At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the next 12 months. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.1 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
2 Charitable activities
| Total | Total | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Conference Income | 43,194 | 31,036 |
3 Other trading activities
| Membership subscriptions Merchandise income Sponsorships and social lotteries Other trading activities |
Total 2025 £ 7,667 15 13,400 21,082 |
Total 2024 £ 7,821 20 11,369 |
|---|---|---|
| 19,210 |
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SCOTTISH SOCIETY OF ANAESTHETISTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 7 MARCH 2025
| 4 Investments Bank Interest 5 Net movement in funds The net movement in funds is stated after charging/(crediting): Fees payable for the independent examination of the charity's financial statements 6 Trustees |
Total 2025 £ Total 2024 £ 964 972 2025 2024 £ £ 971 792 |
|
|---|---|---|
Total reimbursement payments were paid to trustees as follows:
£nil (2024: £63) £nil (2024: £336) £nil (2024: £60) £440 (2024: £1,207) £394 (2024: £99) £60 (2024: £216)
7 Charitable activities
| Conference/Events Expenses Trainee Prizes/Awards Stationery/Postage Travel/Research Grants Website Expenditure Committee expenses Share of governance costs (see note 8) |
Total 2025 £ 44,257 60 162 3,945 60 894 49,378 971 50,349 |
Total 2024 £ 19,802 - - 7,410 600 1,980 |
|---|---|---|
| 29,792 792 |
||
| 30,584 |
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SCOTTISH SOCIETY OF ANAESTHETISTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 7 MARCH 2025
8 Support costs
| Support costs | |||
|---|---|---|---|
| Support Governance costs costs £ £ Independent Examination Fee - 971 - 971 |
2025Support £ 971 971 |
costs Governance costs £ £ - 792 - 792 |
2024 £ 792 |
| 792 |
All costs have been allocated on a direct basis.
9 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
10 Creditors: amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals | 828 | 828 |
11 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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