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





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





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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Investments||||||188,264|204,104|
|Current assets||||||||
|Accrued<br>pub!ication|||income|||60,105|59,383|
|Unpaid<br>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<br>Accruals|paid|in|advance|||(3,772)<br>~1200|(3,328)<br>(4,740}|
|||||||Q4„972)|(8,068$|
|Net current|assets|||||526 210|490~989|
|Net assets||||||716474|695093|
|Funds ofthe|charity:|||||||
|Unrestricted|funds|||||||
|Revaluation<br>reserve||||||103,262|99,101|
|General<br>Fund||||||585,756|567,650|
|Martin<br>Burr Fund||||||27456|28 342|
||||||8|716474|695093|





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



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



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|7 Funds (continued):|7 Funds (continued):|lviovement|on funds|in|the year|||
|---|---|---|---|---|---|---|---|
|||Balance at|||||Balance at|
||||13anuary||Incoming|Resources|31December|
||||2020<br>f||resources<br>f|expended<br>f|2020|
|General||||||||
|General<br>Fund|||535,770||30,880|1,000|567,650|
|Designated||||||||
|Martin<br>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<br>f|expended<br>f|2021<br>f|
|General||||||||
|General<br>Fund|||567,650||17,220|886|585,756|
|Designated||||||||
|Martin<br>Burr Fund|||28 342|||$8~86|27156|
|Total unrestricted|funds||595992||17220||613212|



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|The an|alysis|ofthe|funds|ofthe cha|rity a|t ea|ch year end is as fol|lows:||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021<br>f|2020<br>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|