2021-12-31-accounts - British Menopause Society

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			Page
Report ofthe Trustees		1	to	10
Independent Examiner's	Report
Statement ofFinancial Activities			12
Balance Sheet		13to		14
Cash Flow Statement			15
Notes to the Cash Flow	Statement
Notes to the Financial Statements		17	to	23
Detailed Statement ofFinancial Activities		24	to	25

		for the	Year Ended 31stDecemb	er 2021
				31.12.21	31.12.20
				Unrestricted	Total
				fund	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				17,382	13,487
Charitable activities
Membership fees				196,276	123,664
Conference and meetings				485,336	183,283
Miscellaneous income				4,263	143
Wornens Health Concern income				8,383	8,229
Other trading activities				10,091	5,145
Investment income				85	100
Total				721,816	334,051
EXPENDITURE ON
Charitable activities
Conference and meetings				59,563	57,941
Publication costs				47,697	25,259
Other				313,102	242,562
Total				420,362	325,762
NET LVCOME				301,454	8,289
RECONCILIATION	OF FUNDS
Total funds brought	forward			239,452	231,163
TOTAL FUNDS CARRIED FORWARD				540,906	239,452

	Balance Sheet 31stDecember 2021
		31.12.21	31.12.20
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets	12	2,304	3,306
Investments	13	~1632	1,632
		3,936	4,938
CURRENT ASSETS
Stocks	14	1,208	965
Debtors	15	48,026	76,088
Cash at bank and in hand		741,647	270,089
		790,881	347,142
CREDITORS
Amounts falling due within one year	16	(253,911)	(112,628)
NET CURRENT ASSETS		536970	234514
TOTAL ASSETSLESSCURRENT
LIABILITIES		540,906	239,452
NET ASSETS		~540 906	~239 452
FUNDS	17
Unrestricted funds		540,906	239,452
TOTAL FUNDS		540,906	239,452

				Cash Flow Statement
			for	the Year Ended 31stDecember	2021
					31.12.21	31.12.20
				Notes
Cash flows from operating		activities
Cash generated from operations					472,179	25,231
Net cash provided by operating activities					472,179	25,231
Cash flows from investing		activities
Purchase oftangible fixed	assets				(706)	(2,115)
Interest received					85	100
Net cash used in investing	activities				~621)	~2,015)
Change in cash and cash	equivalents		in
the reporting period					471,558	23,216
Cash and cash equivalents		at the
beginning ofthe reporting		period			~270 089	246,873
Cash and cash equivalents		at the end	of
the reporting period					741 647	270,089

			Notes to the Cash Flow Statement for the Year Ended 31stDecember 2021	Notes to the Cash Flow Statement for the Year Ended 31stDecember 2021
	RECONCILIATION		OFNET INCOME TO NET CASH FLOW FROM		OPERATING
	ACTIVITIES
					31.12.21	31.12.20
	Net income for the	reporting		period (as per the Statement ofFinancial
	Activities)				301,454	8,289
	Adjustments for:
	Depreciation charges				1,708	1,531
	Interest received				(85)	(100)
	(Increase)/decrease	in	stocks		(243)	529
	Decrease/(increase)	in	debtors		28,062	(29,862)
	Increase in creditors				~141283	~44 844
	Net cash provided	by	operations		472,179	25,231
2.	ANALYSIS OF CHANGES			IN NET FLWDS

ANALYSIS OF CHANGES IN NET FLWD	S
	At 1.1.21	Cash flow	At 31.12.21
Net cash
Cash at bank and in hand	~270 089	471,558	741,647
	270,089	~471 558	~741 647
Total	270,089	471,558	~741 647

			Notes to the Finandal	Notes to the Finandal	Notes to the Finandal	Statements - continued	Statements - continued
			for the Year		Ended	31st	December 2021
	DONATIONS AND LEGACIES
								31.12.21	31.12.20
	Donations							2,041	2,825
	Gift aid							15,3'41	~10662
								17,382	13,487
3.	OTHER TRADING ACTIVITIES
								31.12.21	31.12.20
	Publication	income						10091	5 145
4.	INVESTMENT INCOME
								31.12.21	31.12.20
	Deposit account interest							85	101
	INCOME	FROM CHARITABLE ACTIVITIES
								31.12.21	31.12.20
			Activity
	Membership	fees	Membership		fees			196,276	123,664
	CBTmeeting income		Conference	and meetings				31,025	14,130
	Annual conference		Conference	and meetings				160,916
	Regional meetings		Conference	and meetings				26,980	28,730
	WHC symposium income		Conference	and meetings				26,345	44,974
	Special skills meeting		Conference	and meetings					23,560
	PPMC theory courses		Conference	and meetings				200,608	42,735
	Other incoming resources,
	inc. RCOG	meeting	Conference	and meetings				18,977	29,154
	Menopause	cafe	Conference	and meetings				20,485
	Other incoming resources,
	inc. RCOG	meeting	Miscellaneous		income			4,263	143
	WHC other	income	Womens Health Concern				income	8,383	~8229
								~694 258	~315319
6.	CHARITABLE ACTIVITIES COSTS
									Direct
									Costs
									8
	Conference	and meetings							59,563
	Publication	costs							47,697
									107,260

			Governance
	Management	Finance	costs	Totals
Other resources	expended 298,881	12,350	1,871	313,102
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(ciediting):
			31.12.21	31.12.20
Depreciation -	owned assets		1,708	1,531
Other operating	leases - rent		~ll 000	11,000

STAFF COSTS
							31.12.21	31.12.20
							f.	f
Wages and salaries							162,375	149,202
Social security costs							11,099
Other pension costs							2,051	1,518
							175525	150,720
The average monthly	number ofemployees		during	the year was	as follows:
							31.12.21	31.12.20
Administration							6	5
The number ofemployees		whose employee	benefits	(excluding	employer	pension	costs) exceeded	f60,000was:
							31.12.21	31.12.20
I60,001 - f70,000							1	1

COMPARATIVES F	ORTHE STATEMENT OF FIVANCIAL ACTIVI	TIES
		Unrestricted
		fund
INCOME AND ENDOWMENTS FROM
Donations and legacies		13,487
Charitable activities
Membership fees		123,664
Conference and tneetings		183,283
Miscellaneous income		143
Womens Health Concern income		8,229
Other trading activities		5,145
Investment income		100
Total		334,051
EKPENDITURE OiV
Charitable activities
Conference and meetings		57,941
Publication costs		25,259
Other		242,562
Total		325,762
NET INCOME		8,289
RECONCILIATION	OFFUNDS
Total funds brought forward		231,163
TOTAL FUNDS CARRIED FORWARD TO 2021		239,452

	for the Year Ended	31stDecember 202	1
12.	TANGIBLE FIXEDASSETS
		Plant	and	Computer
		machinery I		equipment	Totals 6
	COST
	At 1st January 2021	8,640		2,845	11,485
	Additions		706		706
	At 31stDecember 2021	9,346		2,845	12,191
	DEPRECIATION
	At 1stJanuary 2021	5,756		2,423	8,179
	Charge for year	1,624		84	~1708
	At 31stDecember 2021	7,380		2,507	9,887
	NET BOOK VALUE
	At 31stDecember 2021	1,966		338	2,304
	At 31stDecember 2020	2,884		422	3,306
13.	FIXEDASSETINVESTMENTS
					Listed
					investments
	MARKET VALUE
	At 1stJanuary 2021 and
	31stDecember 2021				1,632
	NET BOOKVALUE
	At 31stDecember 2021				1,632
	At 31stDecember 2020				1,632

		31.12.21	31.12.20
Finished	goods	1 208	965

15.	DEBTO	RS:	AMOUNTS FA	LL	ING DUE WITHIN ONE Y	EAR
								31.12.21	31.12.20
	Trade debtors							8,595	11,680
	Prepayments		and accrued income					39,431	64,408
								48,026	76,088
16.	CREDITORS: AMOUNTS			FALLING DUE WITHE4 ONE		YEAR
								31.12.21	31.12.20
	Trade creditors							11,504	19,821
	Accruals	and	deferred income					242,407	92,807
								253,911	112,628
17.	MOVEMENT IN FUNDS
								Net
								movement	At
						At	1.1.21	in funds	31.12.21
	Unrestricted		funds
	General	fund				239,452		301,454	540,906
	TOTAL	FUNDS				~239 452		301,454	540,906
	Net movement		in funds, included		in the above are as follows:
						Incoming		Resources	Movement
						resources		expended	in funds
							6
	Unrestricted		funds
	General	fund				721,816		(420,362)	301,454
	TOTAL	FUNDS				~721 816		~420 362)	301,454
	Comparatives		for movement	in	funds
								Net
								movement	At
						At	1.1.20	in funds	31.12.20
							I		f.
	Unrestricted		funds
	General	fund				231,163		8,289	239,452
	TOTAL	FUNDS				~231 163		8,289	239452

			Incoming	Resources	Movement
			resources	expended	in funds
			f,
Unrestricted		funds
General	fund		334,051	(325,762)	8,289
TOTALFUNDS			334,051	~325,762)	8,289

				Net
				movement	At
			At 1.1.20	in funds	31.12.21
Unrestricted		funds
General	fund		231,163	309,743	540,906
TOTAL	FUNDS		231 163	309,743	~540 906

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		1,055,868	(746,125)	309,743
TOTAL FUNDS		1,055,868	~746,125	~309743

	British Meno ause Societ
	Detailed Statement ofFinancial Activities
	for the Year Ended 31stDecember 2021
		31.12.21	31.12.20
			I
INCOME AND ENDOWMENTS
Donations and legacies
Donations		2,041	2,825
Gilt aid		~15 341	10,662
		17,382	13,487
Other trading activities
Publication income		10,091	5,145
Investment income
Deposit account interest			101
Charitable activities
CBTmeeting income		31,025	14,130
Annual conference		160,916
Regional meetings		26,980	28,730
Membership fees		196,276	123,664
WHC symposium income		26,345	44,974
WHC other income		8,383	8,229
Special skills meeting			23,560
PPMC theory courses		200,608	42,735
Other incoming resources, inc. RCOG	meeting	23,240	29,297
Menopause cafe		20,485
		694,258	315,319
Total incoming resources		721,816	334,052
EXPENDITURE
Charitable activities
BMS publication costs		47,697	25,259
Annual conference costs		16,614	6,020
Regional meetings		4,360	17,083
CBTmeeting		6,107	10,671
WHC symposium expenses		2,574	5,293
WHC other costs		180	540
Special skills meeting			10,470
PPMC theory courses		26,100	7,864
Menopause Cafe		1,890
Books for resale		~1738
		107,260	83,200
Support costs
Management
Wages		162,375	149,202
Social security		11,099
Carried forward		173,474	149,202

				British Meno ause Societv
				Detailed Statement ofFinancial Activities
				for the Year Ended 31stDecember 2021
					31.12.21	31.12.20
Management
Brought forward					173,474	149,202
Pensions					2,051	1,518
Rent					11,000	11,000
Rates and water					839	794
Insurance					787	744
Light and heat					1,707	1,816
Telephone					3,178	3,024
Postage and	stationery				12,960	9,651
Sundries					4,873	1,000
Accountancy					11,516	8,904
Legal fees					841	973
Office costs					2,912	3,809
Marketing consultancy					28,447	21,382
Website costs					25,050	14,319
Other marketing		costs			9,087	410
Storage charges					758	1,295
Travelling costs					340	468
ITservices					~9061	2,340
					298,881	232,649
Finance
Bank charges					10,642	4,862
Depreciation	oftangible		fixed assets		1,708	1,531
					12,350	6,393
Governance	costs
Trustees' expenses					121	1,541
Independent	Examiner's		fees		1,750	1,980
					1,871	3,521
Total resources	expended				420,362	325,763
Net income					301,454	~8289