CHARITY REGISTRATION NUMBER: SC043800 lrt•rnatlonal Socl•ty for Aurlcular R•con•tnKtlon Unaudltsd Flnanclal Stat•m•nts 31 March 2025 Internatlonal 8oGlety for Aurlcular Reconstructlon Flnanclal Statoments Y•ar •nded 31 March 2025 Pago Tru8tees' annual report ststement of financial actlvities StateTh￿nt of financvjl position Notes to the financlal ststements Tho followlng pag•s do not forni part of tho flnanclal statwnents DetaNed statement of finanual actlvttkns 11 Internatlonal Soclety for Aurlcular Recon8tructlon Tru8teos' Annual Report Y•ar gnded 31 March 2025 The Iruslees present Ihgii rfjp￿ arKI the unaudiled financlal 3tatemenls of Ihe charity for lh• year ended 31 March 2025. R•lw•fflc• and admlnlstr•tlv• d•talh Reglst•r•d charfty n•m• International Soc*ty for Aurkulfir Re¢(￿￿truCtIOn Charlty reglatrallon number SC043800 Prlnclpal offic• Th• tru8t• A¢¢ountsnt* tNarnond Financial (Scotland) Ltd Chart•red Certifpd AG¢ountanl8 Commef¢ial 8•nk Buildlngs Market Square Dun8 Berwicksh TD113AL StrvctUrn• gov•rnafic• and man*g•rn•nt Tha Officers of the Soclety *e thè President, the pres￿OnI Elect, the Secretary Gerthl, the Secretary G•n•ral E￿Cl. tho Tr8a8urer and th8 Treasurer Elect. The hosl of the forthcoming meeting is CO-OPled n￿rnber of the Executive Council. Those are elecied positlons and vxancie8 are announced nine months Pri￿ to the lriennK81 conlerence. Voting takes plac• during the General Assembly of tho confèrence. In preparation for Pl￿nIng each ¢onfarén¢e. thore is allo a Sciontir￿ Program Cornmittea whose remrt is lo ariange the content and 8ch8dulè ol the &c￿nI11C program. Thi8 coffi￿￿tte0 comprises of th8 Local H¢st as the Chaiw, th• Piasidert, the Se¢retary Genwal arKI two olher members. Internatlonal Society for Auricular Reconstruction Tn￿tee8, Annual Report (¢onUM•dJ Year ondod 31 March 2025 ObJectfv•s and ac¢lvits•s The purpose of the charty Is lo promth excellence in al fxets of aurfculw reC(Xbstr￿1lOn,. lo fvmish a fonjm lor Ihe best 8cientffi¢ WOfk8 related lo tha reconstructK•n of congenltal and acquired auricular doformit*8: to incr&ue kntmlodge, education and slimulat• re￿0rCh on an intemational level as well as interactions between Ihe rnember$ of Ihe s￿lety. The maj. M•mborship l•v•l8 r8rnaingd $tabl• during 2023-2024, with the majority of menknfs renewing their subscnpti)ns annually. We hav8 seen a positive number of new rneThthr8hip plutions thi5 yeaw. which we attribute lo the discounted tates offered I) rT￿bern for th• upcoming conference. We •re optrni8ts that these new members will ¢ontinue their engagernert with tho Society in the future. All m6mbrfsW a￿￿¢8¢1￿• ar• rnvEw•d upon subrni8s￿n and 8pwov•J. provtd•d they rnoet the estabknshod crri8fla. Over Ihe couwse of the yèar. the &xiety ufKlertook an extensive review and rewsion ol it8 constitution and memb8rnhii Structure. These prop)s•d changes were finalised and ￿11 be put forward to the rnembership for approval in Akyil 2025. The revisio￿ nclude a mole flexible rMmbership framff•vork and an updated fee structure intended to reftect the diverne profe5#ional bxkgraunds ofour Gommunity. The proposed categories include Active, Aswciate, Training. Allied Protessional. Research, and H￿orary and Lrfe memberships, Y￿h annual lees ranging ffom to É180. and no fee for homrary categofies. Thes• changes alm lo m*e mwnbwshlp more accessljle aTh# aligned membews. roles wrthin Ihe field. We are èxpects'ng loi Ih change8 to be •ccepted by mernbwship at our AGM in April 2025. Internatlonal Society for Aurfcular Reconstruction Trustees. Annual Report {conènu• Year ended 31 March 2025 Financial revl The Society remains in a stable financial posit￿n, wrth mcome improving this year due to the success of the Toronto conlerence and sleady rrEmbership engagement. Expendlure increased as expected In conference year. ￿fleCtIng planned investrnent in our educational activities and digrtal debplopmenl. The trustee8 8re satisfi8d that feserve$ femain ot 8 Surtable level for the organisation and conlinue lo provide a sxvre base fry future4 work. The Socw meets all financial Obl￿allOnS promplty and hdds Sufficient funds to $LPPOrt the new webinar programme and earty planning for the 2027 conference. Overall, Ihe financbal posilion is $ound, and tho Socioty is well placed for th8 perlod ahead. PlJn• for luture porlods Fol￿￿ing the Bucc￿ of thè 2024 conl•r•nea in Toronto, rnernbers aor••d during ihe event that the noxl inlefnalional meelirvJ will18ke plK8 In UlreGht. Amsterdam. The conference dates h8ve now bee Confirmed foi >5 June 2027, and a cenlral venue in Utrecht has been secured, The cty aljts happens lo b? the home of the current Pro$idenl, who will continue lo Support the k*cal planning committee in the lead￿p to evenl. The Executive Council was also agroed upon during th¢ 2024 conf?renc•. wrth positions filled for Président, P￿$￿16n1 Elecl, Treasurer. Treasurer El8cI, Secr8tary, and Secfetary Elecl The current council wlll temain in post until the 2027 confererLa, at whlch pobnt the Elec18 will formalty step Inlo their respectNe roles. lft line with our efforts to inprovo engagémént (xJtsid8 of the main conference years. launched our b￿MOnthlY w•binar series. The first of these Nyas ddiveT8d in cc4laboration wilh EURAPS and mwked slrong start to thls initiative. We interKI to continue these webinars on a regular basis going foThiard, The Society Also launched a quarterly nw41éttof for members, with Ihe Ilrgl edltion relea8ed in January 2025. Thls was vgry well received and wlll be a fegular fealure moving forlvard, managed by a member of the Exo¢utive Councll. In Conference Ltd. continues to s•Ne as the Secretar￿1 for the Sociéty. Thar ongoing support has crucial in the organisali￿ of the 2024 con1wen￿, and Ihey are now assistiig wilh pf8paratK￿s for Ihe 2027 evant in Ulrecht. The FranGol8e Firmin Tmvelllng Awwd corbllnuos to be offered annually and rernalns a valued ¢)pportunity lor early career reseathrs. Thi8 year, in honour of the late Professor Saloru Nagala. it was agreed by the Society lo introduce a second Irovel award ￿arIng hls name. This new award is aime¢J at OXP8ri8nced surgeons who wish lo travel to under48sourcéd regicns to provide Iraining in ouricular reconstrLKtlon lechniques. This complemenls the ￿lginal Fiffiiin Award by supporting knO￿edge- sharing in the opposite direction. Irom developed to developing fegions. and honours Profesryor Nagata'8 I￿lOng dedie¥tion to edL￿allOn and global collaboration. The trustees. annual rèport W88 approved o IfU$te8s by . 8nd s￿ned on behall of Ihe board ol Internatlonal Soclety for Auricular Reconstruction Statement of Flnanclal Actlvltl•8 Year •nded 31 March 2025 2026 Unfagtrthd funds Total fund• Tolal funds InGome and endoMn•nt• Oon8tion8 and legaci Tolal Incom• 60.253 60,253 7.593 60.253 7,593 EXp￿dI*un Expendiluro on raiging fund8.' Cog1¥ of raising don￿￿onI and legaGi Tolal •xp•ndltur• 73,186 73,186 73,186 73,186 10,327 10.327 N•t •xp•ndltur• and n•t mov•m•nt In lund• (12.933) 112,933) {2.734) R•eondllatlon of fund• Tot81 furmls bioughl I0￿0rd Total fund• carrfad foThrnrd 31.8C 18,673 31,608 18,6n 34.340 31,6C6 The stalement of financlal activlties include8 all galns and lossej recawisgd in the ye•r. All income •nd axpenditurn dariv• from conlinuing aclivitw. Th• nots• afi 6 to 9 forni part of th•s• flNn¢l•l •tst•ffl•nts. Internatlonal Soclety for Aurleular Reconstruction Statement of Flnanelal Position 31 March 2025 2026 2024 Cufr•ftt a•sol• Debtors Cash at bank hand 14.845 66.805 30.616 30.616 81,450 Credltor8: amounts falllng due withln ong y•ar M•t curr•fftt 10 11.943 49.844 18,673 18,673 18,673 31,6C6 31,606 31,8( Total a••ets le•s curr•nt Ilabllltl N•t a•••ts Fund• of th• charlty Unrestnd¢d fun 18,873 18,673 31,806 31,6C6 Tol•l ch•rlty fund• 11 These flnancial stat￿ents wer . and •r• signed ard of Irusteej •nd auth￿l88d lor i18ue On Th• not•s on paqm 6 to 9 fomi part of th•#• Itnan¢ial •tatom•nts. Intsrnatlonal Soclety for Aurleular Reconstructlon Notas to th• Flnanclal Stat8ments Year •nded 31 March 202S G•norn1 inlomiatloTh The charity is a public b¢n¢fft •ntty and a r8 i51ered char The address of the prirtipal office 1$ ScotkThl and is uninc0￿r8ted. 8tal•m•nt ol compllanc• These fina￿181 stat0ft￿lS have beffi prepared in ccrfnpliance wilh FRS 102, The Financi Rew1ing sI￿dard applicable In UK and the Republic of Ireland,. the Slatem8nt of Recommended Pfactica appluble lo charlties preparlng their accounts in accofdance wilh ihe F%￿ncIal Rèportwlg Standard applicable in the UK and Republic of Ireland (FRS 102} (Charilia8 SORP IFRS 102)) and the Charilies and Tnmtee Invatm•nt (S¢otknd) Act 2005 and tho Charty AccoLmts (Sttlland) Regulations 20CE (u amandèd). Accounllng pollcl Ba•1• ol prnparatlon Th• financlql stat•rn•rts hav• bmn prep8(ed on th• hi•tort81 CO￿ ￿￿4. os modified by the reval￿tIon of cwtsin finoncial 886el8 and Ilabiliti61 and Inwstmènl prop•rtio¥ mea•ur•d at lair value throuth incorm or expwKlrtur•. The financlal 8tatements are pryiared In 8lerlng, whkh 18 Ihe furKlional currency d the enlty. Golng conc•rn Thor• ar• no mal•rial unc•rtainti•B aboul the charitys ￿lIty lo conbnue, Dl•clo•ur• •x•mptlon• The entity latirf￿ th• criteri• of belng a qualfying entlty u del￿ed in FRS 1(r2. Its flnan¢i•l 8tateff*nlJ con•oldatod into the fknancial Slater￿ntS ol {enter name CA group flnancial Slalements) wh￿h can b• obt￿r￿d from (enter det•l). As such, advantage has b••n taken ol the follwing disclosurè ax•mptlons avalabl• under paragraph 1.12 of FRS 102: lal No e•$h 8tat•i*rt hal bwn pr8Soniod tr th• cornpany. Ib) Dl•closures In r•8WCt of flnanckql Instruments have r￿t been pre•ented. Judg•m•nt• •nd l(•y of ••tlm•tloTr unc•rtalTrty The preparation of the financial staten*nts requirns management to make ludgementi. eBtwnates and assumptK)n$ thal gffecl Ihe amounts reported. eslmates judgements are cmtlnuaty reviawed and ar• ba88d on exper￿n¢6 and ¢Xher factw. Including 0xp￿￿tIOnS of f￿Ure ovenls that we believed to b6 re•KThble und•r th• circum•tanco•. Foral9n curr•ncl Forngn CAJrrency Iransaclions arn initiamy recorded In lh• furdional curre1￿y. by a￿￿Ying Ihe s￿1 8xch8nge rate as at Ihe dale of the transoclion. Monotary asgets and IHbilttlés denomlnated In ign Cufrencles are Iranslated at the excharvje rate rukng at tho rqporting date. wth any gw'ns 1088e8 be￿g tsken to the statement ol financial actNities. International Society for Aurlcular Reconstruction Notss to Ihe Flnan¢lal Statsments {¢•nthu•d) Year andod 31 March 2025 Accounllng poli¢l•$ {¢ofttlnu•dl Fund accounllng Unrestricted hjnds are available Iw use * the di5cr&'on of the Ifuslees to further ol the charity's purpcws. Dosynaled funds aro unraBlrlcted funds 8amMrkèd by the trustees for particular luture project or R8Stricled lunds are Subjected to rest￿tIOnS OD their exp•ndrture declared by tho donoror Ihrough the term$ Of an appeal. and lall into one of two sutrflasses: restrtled inc