2021 Annual Review: summarised financial statements
Statement of financial activities for the year ended 30 June 2021.
|Current Assets (Stock, Cash, Debtors)||6,756||6,207|
|Current Liabilities (Creditors)||(6,010)||(5,199)|
|Long Term Liabilities||0||0|
|College Balance Sheet Net Worth||33,772||32,410|
|Restricted Income Funds||1,742||1,493|
|Unrestricted – Designated Funds||15,849||18,765|
|Unrestricted – General Funds||9,959||6,703|
|Communications and External Affairs||20||16|
|Clinical Quality and Research||21||21|
|Education, Training & Examinations||35||39|
|Faculty of Intensive Care Medicine||7||7|
|Faculty of Pain Medicine||4||5|
Staffing costs in 2021 were £6,241k (2020: £5,635k
Report by the trustees on the summarised financial statements
The summarised financial statements above are an extract from the full statutory trustees’ annual report and financial statements, which the trustees approved and signed on 13 October 2021. The full financial statements, on which the auditors Crowe U.K. LLP gave an unqualified audit report on 28 October 2021, have been submitted to the Charity Commission.
These summarised financial statements may not contain sufficient information to gain a complete understanding of the financial affairs of the charity. The full statutory trustees report, financial statements and auditors’ report are available on the College website.