2021-12-31-accounts

Notice of Meeting
Constitutional and Administrative	Details
Directors' (Council) Report for 2021		3 to 6
Independent Examiner's Report
Statement of Financiai Activities
Salance Sheet
Notes to the Financial Statements		10to 15

		R	ecog	nised Gains	and Loss	es)
						2021	2020
					Note		E
Income and Endowments		from:
Membership and Subscriptions						9,300	7,078
Publications						64 605	67 384
Total charitable activities						73,905	74,462
Oividend income						5,793	11,383
Interest income							541
Investment income						5836	11 924
Total Income						79 7'1l	86 386
Expenditure on:
Bursaries awarded						(54,885)	(40,000)
Student conference	support					(682)	(2,500)
Charitable expenditure						(55,567)	(42,500)
Administrative and	governance	costs			3	~897~1	/13,006+
Total expenditure						(64,538)	(55,506)
Realised gains/(losses) on investment				assets		2 017
Net income before unrealised			gains/(losses)			17,220	30,880
Unrealised gains/(losses) on investment				assets		4~161	+~5255
Net movement in	funds after		gains/(losses)			21 381	25 625
Reconciliation of	movement		in funds
Total funds brought	forward					695~093	669~468
Total funds carried	forward					716474	695093

						2021	2020
Fixed assets
Investments						188,264	204,104
Current assets
Accrued pub!ication			income			60,105	59,383
Unpaid subscriptions						940	1,380
Prepayments						500
Accrued investment			income				6,172
Cash at bank	and	in	hand			471 637	432 122
						533,182	499,057
Creditors: Amounts				falling due within one year
Subscriptions Accruals	paid	in	advance			(3,772) ~1200	(3,328) (4,740}
						Q4„972)	(8,068$
Net current	assets					526 210	490~989
Net assets						716474	695093
Funds ofthe	charity:
Unrestricted	funds
Revaluation reserve						103,262	99,101
General Fund						585,756	567,650
Martin Burr Fund						27456	28 342
					8	716474	695093

			2021		2020
					E
Independent Examiner's fees relating to examination		ofthe current
year financial statements				1,200
Previous independent examiner's	fees for prior year	work			4,740
Other governance costs				339	310
General administrative expenses				7 432	7~956
				8971	13 006

The movement on fixed as	set investments during the year	was as follows
			Market
		Costf	Value f.
At 1 January 2020		105,002	209,359
Movement in market value	in the year
At 31 December 2020 and	1January 2021	105,002	204,104
Disposals in the year		(20,000)	(22,018)
Gain realised on disposal			2,017
Movement in market value	in the year		4~161
At 31 December 2021		85 002	188264

7 Funds (continued):	7 Funds (continued):	lviovement	on funds	in	the year
		Balance at					Balance at
			13anuary		Incoming	Resources	31December
			2020 f		resources f	expended f	2020
General
General Fund			535,770		30,880	1,000	567,650
Designated
Martin Burr Fund			29 342			~1000+	28,342
Total unrestricted	funds		565 112		30880		595 992
		Balance at					Balance at
			13anuary		Net incoming	Resources	31December
			2021		resources f	expended f	2021 f
General
General Fund			567,650		17,220	886	585,756
Designated
Martin Burr Fund			28 342			$8~86	27156
Total unrestricted	funds		595992		17220		613212

The an	alysis	ofthe	funds	ofthe cha	rity a	t ea	ch year end is as fol	lows:
								2021 f	2020 f
General	Fund							585,756	567,650
Martin	Burr	Fund						27 456	28 342
								613,212	595,992
Revaluation		reserve	(net	unrealised	gains	on	investments)	103262	99~101
								716474	695093