British Society for Paediatric and Adolescent Rheumatology

AGMTreasurers Report

Dr Daniel Fishman Edinburgh September 2012

Registered Charity # 1132967 Company # 06978211

Company Business

• BSPAR - a Company Limited by Guarantee.

• Independently examined accounts have been filed

– Kingston Smith Accountants retained• Specialist Charity Accountants• BSPAR Registered Office

Charity Status

• Full status

• Charitable aims are met by Trustees at all times

BSPAR accounts

• Current Account: – At 28 August was £152,232.01 in credit

• A large proportion of this is to be paid to the Universities for the BECS contract work; further legal expenses due

– Without the Pfizer monies, and minus any BECS contract work and donations etc. we were in an annual negative balance of £5,815.02.

– Next year will include the BSR Admin support fee of £9000.

• I feel we must consider an increase in the membership fees from 2013, or 2014 at the latest, to support our current level of expenses. at this stage. – I hope to receive a profit share from this meeting!

Business Reserve Account

Balance £55,844.13 – To fulfil our charitable aims this money should be

‘put to work’.

Membership

• Currently stands at 302, with 7 recent applications awaiting receipt of standing order mandate form.

• Assistance from BSR admin will allow a proper audit of the membership, adjustment of incorrect subscriptions for those wishing to continue as members– £3,240.00 apparent deficit in what we should

receive.

Thank you

Any questions?