| EARTH SCIENCE TEACHERS’ ASSOCIATION – Accounts and Treasurer’s Report for 202122 | EARTH SCIENCE TEACHERS’ ASSOCIATION – Accounts and Treasurer’s Report for 202122 | EARTH SCIENCE TEACHERS’ ASSOCIATION – Accounts and Treasurer’s Report for 202122 |
|---|---|---|
| Current Account | ||
| Income | 2020-21 2021-22 |
|
| Adverts | £00.00 £00.00 |
|
| ESTA Conference | £00.00 £500.00 |
|
| Gift Aid | £00.00 £402.83 |
|
| Promotions | £00.00 £00.00 |
|
| Publishers Licensing Society/Ebsco |
£280.61 £270.62 |
|
| Sponsorship/donations | £5108.85 £4695.00 |
|
| Subscriptions (including corporate) |
£6050.21 £6461.50 |
|
| Transfer from deposit | £0.00 £27008.68 |
|
| . | Total Income | £11439.67 £39338.63 |
| Expenditure | 2020-21 2021-22 |
|
| Bank charges | £35.89 £34.41 |
|
| Publicity | £224.66 £00.00 |
|
| Council expenses | £873.73 £436.10 |
|
| Data Registration | £35.00 £35.00 |
|
| ESTA Conference >2021 | £00.00 £500.00 |
|
| Promotions | £00.00 £00.00 |
|
| Projects(Summer School) | £00.00 £9987.28 |
|
| PT Carr Award | £00.00 £00.00 |
|
| Publications | £3016.35 £3281.65 |
|
| Public LiabilityInsurance | £170.28 £254.28 |
|
| Subscriptions to other organisations |
£40.00 £760.00 |
|
| Refunds | £00.00 £60.00 |
|
| Total Expenditure | £4395.91 £15348.72 |
|
| Deposit Account | 2020-21 2021-22 |
|
| Start | £26834.56 £26966.51 |
|
| Interest | £131.95 £42.17 |
|
| Transfer in/out | £00.00 -£27008.68 |
|
| End Balance | £26966.51 £00.00 |
|
| Total Accounts | 2020-21 2021-22 |
|
| Start | £34955.46 £42131.17 |
|
| End | £42131.17 £39154.57 |
|
| Total Accounts include a reserve of £10,000.00 |
Designated Funds PT Carr Legacy - Interest on the invested sum of £3003.05
| 21 05 2009 £3003.05 invested for 5 years, Halifax Stepped Income Reserve Fund |
||
|---|---|---|
| 2009 | Interest Balance |
|
| 2009/2010 | 2010 | £96.10 £1,284.08 |
| 2010/2011 | 2011 | £99.06 £1,383.14 |
| 2011/2012 | 2012 | £102.73 £1,485.87 |
| 2012/2013 | £500 awarded to J Marion | £112.92 £985.87 |
| Account closed 17/06/13, balance and interest in current account. closingbalance £3123.17 |
||
| 2013/2014 | £112.92 £1098.79 |
|
| 2014/2015 | £120.12 £1218.91 |
|
| 2015/2016 | £31.22 £1250.13 |
|
| 2016/2017 | £29.25 £1279.38 |
|
| 2017/2018 | £14.91 £1294.29 |
|
| 2018/2019 | £16.91 £1311.2 |
|
| 2019/2020 | £22.40 £1333.6 |
|
| 2020/2021 | £14.77 £1348.37 |
|
| 2021/2022 | £4.70 £1353.07 |
|
| Total PT Carr Legacy including amount available for awards |
£3003.05 + £1353.07 = £4356.12 |
| ESTA Conference Account Summary |
||
|---|---|---|
| Income | 2020-21 2021-22 |
|
| Sponsorship | £00.00 £500.00 |
|
| Fees received | £00.00 £00.00 |
|
| ESTA(float) | £1500.00 £1500.00 |
|
| Adverts/flyers | £00.00 £00.00 |
|
| Total income | £1500.00 £2000.00 |
|
| Expenditure | 2020-21 2021-22 |
|
| Accommodation & Catering | £00.00 £00.00 |
|
| Insurance | £00.00 £00.00 |
|
| Staff fees | £00.00 £1944.00 |
|
| Printing , postage & sundries | £00.00 £00.00 |
|
| Transport | £00.00 £00.00 |
|
| Contributors accommodation & travel |
£00.00 £00.00 |
|
| Fieldwork expenses | £00.00 £00.00 |
|
| Total expenditure | £00.00 £1944.00 |
|
| Total Conference Account 2021-22 | ||
| Account balance March 2021 including start up £1500 | £3534.61 | |
| Account balance March 2022 including start up £1500 | £2090.61 | |
EARTH SCIENCE TEACHERS’ ASSOCIATION Accounts and Treasurer’s Report for 2021/22
Income
Income from subscriptions total £6461.50 and show a slight increase from last year (£6050.21). Thanks are due to Elouise Gill, Membership Secretary who has dealt with subscriptions.
Gift Aid of £402.83 was claimed from HMRC.
Royalties from the Publishing Licensing Society (PLS) and EBSCO is slightly lower (£270.62) than last year (£280.61).
A welcome donation of £4200 was made by the Warwickshire Geological Conservation Group (WGCG) to help fund the ESTA Summer School.
Following the memorial service for Chris King, £495 was donated to ESTA. Further donations from the memorial will be shown in the 2022/2023 Annual Accounts.
Due to very low interest rates on savings, the Virgin deposit account was closed transferring £27008.68 into the main account.
Expenditure
Publications (Magazine and Newsletter) costs are similar (£3281.65) to last year (£3016.35). This is because two editions of the magazine were printed in a single volume, and this reduced mailing costs. The newsletter has continued to be published electronically and so there are now no printing and mailing costs associated with its production.
Due to the Coronavirus Lockdown during the financial year, ESTA activities were curtailed. Council meetings were held via Zoom. Council expenses remain low this year (£436.10) and the main expense was the upkeep of the website (£361.17). Council expenses normally include the costs of Council meetings, attendance at external events, Secondary meetings and workshops, as well as the upkeep of the website. It is worth comparing this year’s expenditure to Council expenses in 2019/20 (£4006.91).
Publicity costs are normally incurred by attendance at conferences such as the Association for Science Education (ASE), and the Geographical Association (GA), and careers fairs. Due to the Coronavirus Lockdown, publicity costs (£00.00) are much lower this year (and well below the £1227.80 spent on these activities in 2019/20). ESTA presence at conferences normally serve to publicise the association to a wider audience.
Subscriptions to other organisations was high this year (£760) as the National Stone Centre did not submit an invoice for 2019/20 and submitted invoices for 2019/20 and 2020/21 during the financial year. The invoices (2 x £360) are to cover room rental for the storage of rock specimens and other teaching equipment used by the Primary Team.
The 2021 ESTA Conference was held virtually and did not incur any expenses.
The main expenditure (£9987.28) was incurred during the successful run of the ESTA Summer School.
ESTA first adopted a Reserves Policy during 2006-7 and the contingency sum held in reserve serves to bridge
cash flow problems and ensure, firstly, continuity in the production of Teaching Earth Sciences in the event of a large variation in income and, secondly, payments towards specific future projects under the PT Carr Award scheme. The Reserves Policy was reviewed by Council during this financial year. I wish to record that the level of reserves held on the last day of the financial year was £10,000.
I wish to place on record my thanks to Dr Susan Scrafton (University of Durham Assistant Professor) and Holly Scrafton (NHS Physiotherapist) for inspecting the 2020/21 accounts.
I also wish to thank past ESTA Treasurer Maggie Williams for her continued help and support with treasuring activities.
At the time of writing this report the accounts for 2021/22 have not been inspected.
Carole Rushall, Retiring ESTA Treasurer, April 2022.
| EARTH SCIENCE TEACHERS’ ASSOCIATION – Accounts and Treasurer’s Report for 202122 | EARTH SCIENCE TEACHERS’ ASSOCIATION – Accounts and Treasurer’s Report for 202122 | EARTH SCIENCE TEACHERS’ ASSOCIATION – Accounts and Treasurer’s Report for 202122 |
|---|---|---|
| Current Account | ||
| Income | 2020-21 2021-22 |
|
| Adverts | £00.00 £00.00 |
|
| ESTA Conference | £00.00 £500.00 |
|
| Gift Aid | £00.00 £402.83 |
|
| Promotions | £00.00 £00.00 |
|
| Publishers Licensing Society/Ebsco |
£280.61 £270.62 |
|
| Sponsorship/donations | £5108.85 £4695.00 |
|
| Subscriptions (including corporate) |
£6050.21 £6461.50 |
|
| Transfer from deposit | £0.00 £27008.68 |
|
| . | Total Income | £11439.67 £39338.63 |
| Expenditure | 2020-21 2021-22 |
|
| Bank charges | £35.89 £34.41 |
|
| Publicity | £224.66 £00.00 |
|
| Council expenses | £873.73 £436.10 |
|
| Data Registration | £35.00 £35.00 |
|
| ESTA Conference >2021 | £00.00 £500.00 |
|
| Promotions | £00.00 £00.00 |
|
| Projects(Summer School) | £00.00 £9987.28 |
|
| PT Carr Award | £00.00 £00.00 |
|
| Publications | £3016.35 £3281.65 |
|
| Public LiabilityInsurance | £170.28 £254.28 |
|
| Subscriptions to other organisations |
£40.00 £760.00 |
|
| Refunds | £00.00 £60.00 |
|
| Total Expenditure | £4395.91 £15348.72 |
|
| Deposit Account | 2020-21 2021-22 |
|
| Start | £26834.56 £26966.51 |
|
| Interest | £131.95 £42.17 |
|
| Transfer in/out | £00.00 -£27008.68 |
|
| End Balance | £26966.51 £00.00 |
|
| Total Accounts | 2020-21 2021-22 |
|
| Start | £34955.46 £42131.17 |
|
| End | £42131.17 £39154.57 |
|
| Total Accounts include a reserve of £10,000.00 |
Designated Funds PT Carr Legacy - Interest on the invested sum of £3003.05
| 21 05 2009 £3003.05 invested for 5 years, Halifax Stepped Income Reserve Fund |
||
|---|---|---|
| 2009 | Interest Balance |
|
| 2009/2010 | 2010 | £96.10 £1,284.08 |
| 2010/2011 | 2011 | £99.06 £1,383.14 |
| 2011/2012 | 2012 | £102.73 £1,485.87 |
| 2012/2013 | £500 awarded to J Marion | £112.92 £985.87 |
| Account closed 17/06/13, balance and interest in current account. closingbalance £3123.17 |
||
| 2013/2014 | £112.92 £1098.79 |
|
| 2014/2015 | £120.12 £1218.91 |
|
| 2015/2016 | £31.22 £1250.13 |
|
| 2016/2017 | £29.25 £1279.38 |
|
| 2017/2018 | £14.91 £1294.29 |
|
| 2018/2019 | £16.91 £1311.2 |
|
| 2019/2020 | £22.40 £1333.6 |
|
| 2020/2021 | £14.77 £1348.37 |
|
| 2021/2022 | £4.70 £1353.07 |
|
| Total PT Carr Legacy including amount available for awards |
£3003.05 + £1353.07 = £4356.12 |
| ESTA Conference Account Summary |
||
|---|---|---|
| Income | 2020-21 2021-22 |
|
| Sponsorship | £00.00 £500.00 |
|
| Fees received | £00.00 £00.00 |
|
| ESTA(float) | £1500.00 £1500.00 |
|
| Adverts/flyers | £00.00 £00.00 |
|
| Total income | £1500.00 £2000.00 |
|
| Expenditure | 2020-21 2021-22 |
|
| Accommodation & Catering | £00.00 £00.00 |
|
| Insurance | £00.00 £00.00 |
|
| Staff fees | £00.00 £1944.00 |
|
| Printing , postage & sundries | £00.00 £00.00 |
|
| Transport | £00.00 £00.00 |
|
| Contributors accommodation & travel |
£00.00 £00.00 |
|
| Fieldwork expenses | £00.00 £00.00 |
|
| Total expenditure | £00.00 £1944.00 |
|
| Total Conference Account 2021-22 | ||
| Account balance March 2021 including start up £1500 | £3534.61 | |
| Account balance March 2022 including start up £1500 | £2090.61 | |
EARTH SCIENCE TEACHERS’ ASSOCIATION Accounts and Treasurer’s Report for 2021/22
Income
Income from subscriptions total £6461.50 and show a slight increase from last year (£6050.21). Thanks are due to Elouise Gill, Membership Secretary who has dealt with subscriptions.
Gift Aid of £402.83 was claimed from HMRC.
Royalties from the Publishing Licensing Society (PLS) and EBSCO is slightly lower (£270.62) than last year (£280.61).
A welcome donation of £4200 was made by the Warwickshire Geological Conservation Group (WGCG) to help fund the ESTA Summer School.
Following the memorial service for Chris King, £495 was donated to ESTA. Further donations from the memorial will be shown in the 2022/2023 Annual Accounts.
Due to very low interest rates on savings, the Virgin deposit account was closed transferring £27008.68 into the main account.
Expenditure
Publications (Magazine and Newsletter) costs are similar (£3281.65) to last year (£3016.35). This is because two editions of the magazine were printed in a single volume, and this reduced mailing costs. The newsletter has continued to be published electronically and so there are now no printing and mailing costs associated with its production.
Due to the Coronavirus Lockdown during the financial year, ESTA activities were curtailed. Council meetings were held via Zoom. Council expenses remain low this year (£436.10) and the main expense was the upkeep of the website (£361.17). Council expenses normally include the costs of Council meetings, attendance at external events, Secondary meetings and workshops, as well as the upkeep of the website. It is worth comparing this year’s expenditure to Council expenses in 2019/20 (£4006.91).
Publicity costs are normally incurred by attendance at conferences such as the Association for Science Education (ASE), and the Geographical Association (GA), and careers fairs. Due to the Coronavirus Lockdown, publicity costs (£00.00) are much lower this year (and well below the £1227.80 spent on these activities in 2019/20). ESTA presence at conferences normally serve to publicise the association to a wider audience.
Subscriptions to other organisations was high this year (£760) as the National Stone Centre did not submit an invoice for 2019/20 and submitted invoices for 2019/20 and 2020/21 during the financial year. The invoices (2 x £360) are to cover room rental for the storage of rock specimens and other teaching equipment used by the Primary Team.
The 2021 ESTA Conference was held virtually and did not incur any expenses.
The main expenditure (£9987.28) was incurred during the successful run of the ESTA Summer School.
ESTA first adopted a Reserves Policy during 2006-7 and the contingency sum held in reserve serves to bridge
cash flow problems and ensure, firstly, continuity in the production of Teaching Earth Sciences in the event of a large variation in income and, secondly, payments towards specific future projects under the PT Carr Award scheme. The Reserves Policy was reviewed by Council during this financial year. I wish to record that the level of reserves held on the last day of the financial year was £10,000.
I wish to place on record my thanks to Dr Susan Scrafton (University of Durham Assistant Professor) and Holly Scrafton (NHS Physiotherapist) for inspecting the 2020/21 accounts.
I also wish to thank past ESTA Treasurer Maggie Williams for her continued help and support with treasuring activities.
At the time of writing this report the accounts for 2021/22 have not been inspected.
Carole Rushall, Retiring ESTA Treasurer, April 2022.
Indopondont Examlnorn. Report of tho Maln Account for 2021-2022 to tha Trustoas of Earth Sclenco Toachers, Assoclatlon ESTA Roglstored Charlty Number: 1005331 We report on the accounts of Earth Sclence Teachers, Assoclatlon for the year ended 31" March 2022, whlch are summarlsed on the next page. Respectlve responslblllties of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an Independent examination is needed. It is our responsibility to: examine the accounts (under section 43(3)(a) of the 1993 Act); follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the 1993 Act); and state whether particular matters have come to our attention. Basis of Independent examlners. report Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you, as trustees, concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. Independent examiner's statement In connection with our examination. no matter has come to our attention: (1) which gives us reasonable cause to believe that in any material respect the requirements have not been met: to keep accounting records in accordance with section 41 of the 1993 Act. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act. or (2) to which, in our opinion, attention should be drawn, in order to enable a proper understanding of the accounts to be reached. Signed:. Signed:. Name: . 7VI. F L Kha yvr i<711(la Date: evant p ofessiona qualification or body: Date: ?.o.x?..... Relevant professional qualification or body: Address: .. $..£..4..,{¢fo.(.. W(LJd ...3.A..A7..fi.trl.X..... Address: s Asl.Iw}.