2022-09-30-accounts

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THE FEDERATION OF FAMILY HISTORY SOCIETIES (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

Company No. 02930189

Registered Charity No. 1038721

THE FEDERATION OF FAMILY HISTORY SOCIETIES

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

	Page
Company Information	1
Chairman's Report	2to3
Report ofthe Directors	4to 11
Report ofthe Independent Examiner	12
Income Statement	13
Balance Sheet	14
Notes to the Financial Statements	15 to 20
ConsolidatedBalanceSheet	21

THE FEDERATION OF FAMILY HISTORY SOCIETIES

COMPANY INFORMATION

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

DIRECTORS:	YM Abiola
	SC Manning
	F M Mkandawire
	ML Roberts
	J A Simkins
	G Stephenson
	DL Sutton
	P J Walters
SECRETARY:	D S Lambert
REGISTERED OFFICE:	2-4 Primrose Avenue
	Urmston
	Manchester
	M41 OTY
REGISTERED NUMBER:	02930189
REGISTERED CHARITY NUMBER:	1038721
ACCOUNTANTS:	Heywood Shepherd
	Chartered Accountants
	1 Park Street
	Macclesfield
	SK116SR
BANKERS:	The Co-operative Bank plc
	1 Balloon Street
	Manchester
	M60 4EP
	The CAF Bank Ltd
	25 Kings Hill Avenue
	Kings Hill
	West Malling
	Kent ME19 4JQ
SOLICITORS:	Chafes Hague Lambert
	2-4 Primrose Avenue
	Urmston
	Manchester
	M41OTY

4

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE CHAIRMAN

FOR THE YEAR ENDED 30% SEPTEMBER 2022

The period of reporting covers the accounting period up to the end of September 2022.

The financial statements for the year ended 30th September 2022 show that the FFHS has continued to further enhance and increase web-based support of our worldwide membership without any corresponding increase in subscription costs, as well as making a surplus of £14,169 on all activities.

Despite the continued impact of Covid-19 on physical events, we promoted and supported our member organisations at 10 Craft Shows and 3 Family History Fairs during 2021/2022. Although visitor numbers were not yet back to pre-pandemic levels, we were still able to experience first-hand the ongoing massive public interest in family history. Since personal contact is highly valued and welcomed by show attendees, we re-confirm our commitment to support our members by providing ongoing national outreach and awareness at physical gatherings in a variety of settings.

Another example of our successful outreach can be found in our monthly FREE ‘REALLY USEFUL Bulletin’, now welcomed by over 19,000 subscribers worldwide. Our Parish Chest ‘marketplace’ facility and Family History Books websites are also gaining in popularity.

Our online FHF REALLY USEFUL Family History Show is now well-established and will be regularly enhanced with new features. The autumn 2021 event was a great success and attracted a large number of visitors, around 20% being from overseas. In May 2022 we partnered with the Society of Genealogists to offer a ‘Young People in Genealogy’ virtual event.

During this past year John Napper retired as a member of Federation Executive Committee as he had served eight years in the role and was required by the Articles to retire. We are most grateful to John for all his hard work on behalf of the Federation and hereby confirm he will be sorely missed.

On a happier note, over the same period we have welcomed four new elected Executive Committee member namely, Gary Stephenson (as the new Treasurer), Dr Penny Walters, Yetunde Abiola and Margaret Roberts. In August 2022 we co-opted Francisca Mkandawire.

Our Articles of Association allow for the appointment of up to twelve Executive Committee members. We currently have only eight serving officers and thus are far short of our full complement. We would welcome more, since the depth of support we can deliver as an organisation is totally dependent upon the selflessness of our serving officers who now comprise: Steve Manning, lan Waller, Dianne L Sutton, Jacqui A Simkins, Gary Stephenson, Dr Penny Waiters, Yetunde Abiola, and Margaret Roberts.

2

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE CHAIRMAN

FOR THE YEAR ENDED 30" SEPTEMBER 2022 (CONTINUED)

Last, but not least we must thank all our extremely hard-working team of contractors: Kevin Todman, Data Services Manager; Doreen Holtermann, Find My Past Data Co-ordinator; Debbie Bradley, Administrator; Richard Yates, Finance Officer; Joe Saunders and Suzie Woodward and our Company Secretary David Lambert. We truly value their unstinting and generous service and trust they will continue to support us well into the future.

SC Manning

43th March 2023

3

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30" SEPTEMBER 2022

The Directors present their report with the financial statements of the Company for the year ended 30% September 2022.

The Company’s aims and objectives

Purposes and Aims

The

objects for which the Company is registered are by charitable means:

i) To promote, encourage and foster the study of family history, genealogy and heraldry and in furthering this to co-ordinate and assist the work of Member Societies and bodies interested in family history, genealogy and heraldry and

ii) To promote the preservation, security, and accessibility of archive material.

Ensuring our work delivers our aims

The Company reviews its aims and activities each year as part of its Strategy and looks at what it has achieved and the outcome of its work in the previous 12 months. In 2022 the Company amended its key activities. The key activities are Education, Archives Liaison, Projects, Publicity, Diversity and Inclusion, Society Liaison and Communications. The Company looked at the benefits they have brought to those members of the public it was set up to help. The Company reports to Members at the Annual General Meeting and it posts written reports of its Directors on activities on its website following the Annual General Meeting.

The Directors of the Company are all members of the Executive Committee and are trustees of the Company for the purposes of charity law. The Directors who served during the financial year up to the date of approval of this Report are listed below.

The focus of the Company’s work

Our main objective for the year continued to be to promote, encourage and foster the study of family history, genealogy and heraldry and to co-ordinate and assist the work of Member Societies and bodies interested in similar studies.

The impact of the Covid-19 Pandemic has resulted in many activities still being on a virtual platform.

The strategies we used to meet our objectives included:

Promoting our Member Societies throughout the year at key events attended by members of the public, namely:

The Company attended 10 Craft Shows and 3 Family History Fairs throughout the country in 2022. There continue to be fewer Fairs still due to the impact of the Covid-19 pandemic. As reported below it also attended RootTech 2021.

4

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONTINUED)

We continued to host the FHF REALLY USEFUL Family History Show which was a virtua! Show held in November 2021. These Shows have continued to be hugely successful.

The Company has embraced the use of virtual meetings and held its Annual and General Meetings as hybrid meetings in June 2022.

Federation of Family History Societies Services Limited (‘the Services Company’), the Company’s wholly owned subsidiary, has continued to collaborate with FindmyPast Limited, trading as ‘FindmyPast (‘FMP’). The Company has a contract which came into effect on 21st April 2016 that will run for at least ten years ensuring continuance of the arrangement between the Company and FMP. This provides a means for our Member Societies to place their data online, furnishing them with a source of revenue and benefitting family historians world-wide by providing access to vital data. A substantial volume of fresh data has been added to the collection during the year including updated and improved National Burial Index information that benefits users of the FMP service, as well as contributing Member Societies.

The Services Company operated its Family History Books and Parish Chest operations for the Company online and saw an increased take-up by the public and Member Societies. All Member Societies are now treated as members of Parish Chest as a benefit of their membership of the Company, subject to them activating this. The ability of members of Member Societies to pay their annual membership subscriptions has been added to Parish Chest free of charge to the Member Societies.

How the Company’s activities deliver public benefit

The Directors have referred to the Charity Commission's general guidance on ‘public benefit’ when reviewing the Company's aims and in planning future activities. The Directors are satisfied that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit.

Risk Management

The Directors recognise that they should manage the Company's risks effectively. They have taken into account during the year the principal risks and uncertainties facing the Company, especially due to the Covid-19 Pandemic, and identified the major impact of risks to the Company, including its strategic plans for the future, risks to its financial sustainability and the impact on achieving the Company’s objectives. From March 2020 the Covid-19 Pandemic required immediate changes to the way in which the trustees operated and managed the Company in 2021 and 2022. The Directors continued to hold their meetings virtually online rather than face to face. This has enabled the Directors to discuss matters more regularly and in greater detail. The Directors are satisfied that their systems and policies are adequate to manage and reduce risks.

5

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30" SEPTEMBER 2022 (CONTINUED)

ees

Projects.

The Company has increased the provision of services online. In 2022 we commenced work on the second series of Podcasts which was released in October 2022. It was agreed by the trustees that steps would be taken to update the Company’s current website and to develop a new one for the public at large in 2023.

Outreach

The outreach work of the Company provides advice and information to members of the public interested in the study of family history, genealogy and heraldry. We have traditionally performed this service by means of face to face consultation at public events, as well as through the distribution of ‘Our Really Useful Information Leaflet' (RUL) and other helpful material, provided at no charge whenever the opportunity presents itself. All our Member Organisations are listed in the RUL at no cost to themselves.

The RUL, plus other material is available for free download via the Company’s website to interested parties and external organisations involved in teaching and promoting the study of family history, genealogy and heraldry.

The Company’s booklet entitled ‘My Family Tree’ continues to prove very popular. Copies have also been made available to members of the public to download from the Family History Federation website and a small number have been distributed by post.

The Company has run ‘beginners’ courses for membersofthe public in previous years and repeated these in the Spring of 2022. It also ran a similar course jointly with Bedfordshire in 2022.

In May 2022 we partnered with the Society of Genealogists to offer a ‘Young People in Genealogy’ virtual event.

A general information service is available to the public online, by telephone and by post. Specific requests from Member Societies for guidance are dealt with by telephone and email.

In 2018 Family Tree Magazine (FTM) published its first ‘Family History Handbook 2018’ in association with the Company. It has been printed each December since then. Included within this are details of our Member Societies and how to contact them. The Directory is sent to all FTM magazine subscribers and is for sale in shops.

The Company has been able to continue to attend virtual public events due to the commitment and dedication of its team of volunteers and the generosity of event organisers.

A Monthly online Newsletter, now called the Really Useful Bulletin, was distributed to an increased number of about 19,000 subscribed individuals and organisations with an interest in family history, genealogy and heraldry.

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6

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30" SEPTEMBER 2022 (CONTINUED)

A growing social media presence via Facebook and Twitter has had a positive impact allowing us to engage with a wider group of interested parties.

The Company held a number of regular 'Get Togethers’ which is the new name for the previous virtual ‘coffee mornings’ and encouraged committee members of Member Societies to attend these events online to exchange ideas and to continue to support each other. These proved to be popular and well attended.

We attended a number of fairs in 2022 run by our member societies which proved to be very popular and attracted visitors from all over the world. We attended RootsTech 2021 which was a virtual Show and the Company and some committee members of its Member Societies took part in a session entitled 'Why join a Family History Society’ and outlined the benefits of joining our Member Societies.

Plans for Future Periods

The Company plans to continue the activities outlined above in forthcoming years subject to satisfactory funding arrangements.

This will include the second series of podcasts and also the launch of a new website in 2023 called Explore your Genealogy. Work to redevelop the current Family History Federation website for Members will take place following this.

It was not felt necessary to raise subscriptions for 2022. However, the situation can only continue if the Company continues to be prudent and effective in its operations. The addition of two new classes of members means that a review of membership subscriptions will be conducted in 2023. The current healthy financial position is due in no small part to the continued hard work of the Company’s Financial Team and the members of the Board of Directors to constrain costs, as well as the financial contribution of the Services Company.

Even when meetings have become face to face again we have still continued with Hybrid meetings and the Virtual 'Get Togethers’ as a way to communicate with more of our Member Societies as they are located all over the UK and worldwide.

The Company intends to hold its virtual Really Useful Family History Show in November 2023 and annually thereafter due to the accessibility to overseas visitors.

Structure Governance and Management

The Company has a President who is appointed for a 5-year term. The President may stand for reelection for a second term of 5 years. The President Dr Janet Few was appointed at the Annual General Meeting in June 2021. The main function of this post is to attend and chair the Company’s Annual General Meeting and to promote the activities of the Company.

7

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30" SEPTEMBER 2022 (CONTINUED)

The Company currently has four life Vice Presidents, Dr Colin R Chapman, Derek A Palgrave, Mrs Pauline Litton MBE and Lady Teviot all of whom have made a valuable contribution to the Company.

The Company has a Board of Directors who comprise an Executive Committee of up to 12 members. It did not meet in person during the financial year under review due to the Covid-19 pandemic. All such meetings have been held virtually since in 2022, every month. The Directors are responsible for the management, strategic direction and policy of the Company. At their meetings they review the finances, human resources, development and delivery of activities that contribute to the charitable objectives. At the end of the financial year there were 8 elected and 1 co-opted Directors from a variety of backgrounds.

The Company retains the services of a Company Secretary who is appointed by the Executive Committee. He attends Executive Committee meetings but has no voting rights.

To facilitate operations the Executive Committee has put in place a scheme of delegation so that day to day responsibility for the administration of the Company rests with the Administrator along with the Finance Officer with assistance where appropriate from the Company Secretary.

Governing Document

The organisation is a Company limited by guarantee, (Company number 02930189) incorporated on 18th May 1994 and Is a registered charity (Charity number 1038721). It is governed under new Articles of Association, adopted on 11" June 2022. The new Articles of Association state the objects and powers of the Charitable Company.

In the event of the Company being wound up, each Member Society has agreed to contribute an amount not exceeding £1.

When carrying out its activities the Company uses a variety of names including ‘Family History Federation’, ‘FHF’ and ‘the Federation’ in addition to its corporate name.

Recruitment and Appointment of Directors

The Directors of the Company are also charity trustees for the purposes of charity law and under its Articles of Association are known as members of the Executive Committee. Under the requirements of the Articles of Association, the chairman and other members of the Executive Committee are elected to serve for a term of four years commencing at the conclusion of business at either the Annual General Meeting or General Meeting at which he or she was elected to office or the Executive Committee respectively by Voting Members. Directors may stand for re-election for a further term of four years but neither the Chairman nor any Executive Committee member shall serve for a continuous period of more than eight consecutive years.

The Executive Committee have power to co-opt no more than four persons to act as additional members of the Executive Committee until the next Annual General Meeting or General Meeting following their co-option, even if the total number of members of the Executive Committee, including co-opted members shall exceed twelve. All members of the Executive Committee give their time voluntarily and received no benefits from the Company. Any expenses reclaimed from the Company are reflected in the accounts.

8

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30" SEPTEMBER 2022 (CONTINUED)

Directors Induction and Training

Most Directors are already familiar with the practical work of the Company, having held key positions on the Committees of Member Societies to which they belong.

New Directors receive a copy of the Memorandum and Articles, Roles & Responsibilities handbook and the latest as well as the previous year’s financial statements and accounts. They are also directed to read and follow the Code of Practice for Directors which was adopted for them some years ago.

Directors have been given training at meetings held during the year on the legal aspects and implications of being Directors and charitable trustees, to help facilitate the understanding of their role.

Membership of the Company is of five classes following the adoption of the new Articles, namely:

• Ordinary Membership - open to all Societies or Bodies in the United Kingdom or Crown Dependencies which are in the opinion of the Executive Committee primarily concerned with family history, genealogy or heraldry or interested in the preservation, security and accessibility of archive material;

. Associate Membership - open to all Societies or Bodies in the United Kingdom or Crown Dependencies (other than those eligible for Ordinary membership) which are interested in family history, genealogy or heraldry or interested in the preservation, security and accessibility of archive material and whose association with the Company, in the opinion of the Executive Committee, is considered desirable.

. International Members - open to all Societies or Bodies founded or operating outside the United Kingdom or Crown Dependencies which are interested in family history, genealogy or heraldry or interested in the preservation, security and accessibility of archive material and whose association with the Company, in the opinion of the Executive Committee, is considered desirable.

° Affiliated Members - open to any non-profitmaking group in the United Kingdom or Crown Dependencies comprising ten (10) or more persons which is interested in family history, genealogy or heraldry or interested in the preservation, security and accessibility of archive material but which has no constitution or legal status and so is unable to satisfy the membership qualifications set out in subparagraphs (3) to (4) of Article 11. Such a group shall include a group constituted as a local U3A Body and a Body of persons meeting together in person or virtually online on the Internet who meet and cooperate together to carry out one or more of the Principal Objects of the Company and with which the Executive Committee considers it is reasonable or expedient to affiliate and to admit to Affiliate Membership.

• ° Institutional Membership - open to all Bodies other than Societies or Bodies eligible for Ordinary or Associate Membership including (without prejudice to the generality of the foregoing) libraries, archives, repositories and public institutions that are interested in the preservation, security and accessibility of archive material and whose association with the Company in the opinion of the Executive Committee, is considered desirable.

9

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30" SEPTEMBER 2022 (CONTINUED)

The Company had a membership of 170 during the year comprising of 133 Ordinary Members and 12 Associate Members and 25 International Members. There are currently no Institutional Members or Affiliate members.

Reserves Policy

It is the policy of the Company to maintain unrestricted funds which are free reserves of the Company at a level which equates to a minimum of twelve months core expenditure. This fund is required to ensure that the Company is able to meet its potential liabilities. The Directors have in place their own procedures for reviewing and reducing the major risks to which the Company is exposed. Internal risks are minimised by procedures for authorisation of all transactions and projects and to ensure a consistent delivery of all aspects of the Company.

Investment Powers and Restrictions

Related party transactions (if any) being payments to Directors in respect of services offered by them or relatives are disclosed in the financial statements shown later.

Results for the year

The Directors are pleased to refer to the financial statements shown later.

10

THE FEDERATION OF FAMILY HISTORY SOCIETIES

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30" SEPTEMBER 2022 (CONTINUED)

The Directors and Trustees

The Directors of theCompany who served during the yearwere:	The Directors of theCompany who served during the yearwere:
SC Manning	Elected as Chairman in March 2019. (Due for re-election 2023).
J D Napper	Re-elected for a second term of office 17" March 2018
	(Retired 11" June 2022)
	Waller
	(Due for retirement 2026)
DL Sutton	Elected 16" March 2019 (Due to retire 2023)
J A Simkins	Elected 30" May 2020 (Due for re-election 2024)
Dr P Walters	Elected 11 June 2022 (Due for re-election 2026)
G Stephenson	Elected 11" June 2022 (Due for re-election 2026)
Y Abiola	Elected 11'* June 2022 (Due for re-election 2026)
M Roberts	Elected 11" June 2022 (Due for re-election 2026)
FMkandawire	Co-opted15August2022(Resigned13"March2023)

The Company is a Company limited by guarantee and as such does not have a share capital, the Directors having no share interest in the Company.

This report was approved by the Directors on 13" March 2023 and signed on behalf of the Board by:

D S Lambert (Company Secretary)

11

THE FEDERATION OF FAMILY HISTORY SOCIETIES

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

| report on the accounts of The Federation of Family History Societies, Charity Number 1038721, for the year ended 30th September 2022, which are set out on pages 13 to 20.

Respective responsibilities of directors and examiners

As the directors, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the 2011 Act) does not apply and that an independent examination is needed. | am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accountants of England and Wales.

It is my responsibility to:

• examine the accounts (under section 145 of the 2011 Act)

• follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and - State whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 directors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the directors have not met the requirements

*to keep proper accounting records

(in accordance with section 130 of the 2011 Act); and

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Heywood Shepherd

David Southall Chartered Accountant

1 Park Street Macclesfield Cheshire SK116SR 13th March 2023

12

THE FEDERATION OF FAMILY HISTORY SOCIETIES

INCOME STATEMENT

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

	Notes		Unrestricted	funds
			2022	2021
			£	£
TURNOVER	3		28,006	29,303
GROSS PROFIT		~	28,006	"29,303
Total resources expended	3		56,458	91,490
		~~	(28,452)	~~(62,187)
Other operating income			2,404	29,459
OPERATING(LOSS)	4	(26,048),		~~(32,728)
Donation from subsidiarycompany			40,000	30,000
		~~ 13,952		~(2,728)
Interest receivable	6		217	669
(LOSS)/PROFITONORDINARYACTIVITIES		~~	44,169	~~(2,059)
RETAINED PROFIT BROUGHT FORWARD			262,715	249,774
			276,884	247,715
Transfer from Project Designated Fund			-	15,000
RETAINEDPROFITCARRIEDFORWARD			276,884	262,715

The notes form part of these financial statements

13

THE FEDERATION OF FAMILY HISTORY SOCIETIES

BALANCE SHEET

AS AT 30TH SEPTEMBER 2022

	Notes		2022			2021
		£		£	£		£
FIXED ASSETS
Tangible assets	9			1,416			2,474
Investments	10			75,000			75,000
				76,416			77,474
CURRENTASSETS
Debtors	12	48,349			47,312
Cash at bank and in hand		165,842			152,148
		214,191			199,460
CREDITORS
Amounts falling due within one year	13	(13,723)			(14,219)
NET CURRENTASSETS				200,468			185,241
TOTAL ASSETS LESS CURRENT
LIABILITIES				276,884			262,715
RESERVES
Retained funds	15			276,884			262,715
MEMBERS'FUNDS	16			276,884			262,715

The accounts were approved by the Board on 13th March 2023 and signed on its behalf by

S C Manning

Chairman

The notes form part of these financial statements

14

THE FEDERATION OF FAMILY HISTORY SOCIETIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

1. STATUTORY INFORMATION

The Federation of Family History Societies is a private company, limited by guarantee, registered in England and Wales. The company's registered office address can be found on the Company Information page.

• 2 ACCOUNTING POLICIES

Accounting convention

These financial statements have been prepared in accordance with financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and the Republic of Ireland" including the provisions of Section 1A "Smaller Entities” and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turmover comprises subscriptions received from members and any surpluses arising from the carrying out of the company's charitable activities, all amounts exclude value added tax and trade discounts.

Tangible fixed assets

Depreciation is provided to write off the cost of tangible fixed assets on a straight line basis as follows:-

Software, computers and printers 25% per annum Display equipment 25% per annum

Investments

Investments are included at cost less amounts written off. Profits or losses arising from disposals of fixed asset investments are treated as part of the result from ordinary activities.

15

THE FEDERATION OF FAMILY HISTORY SOCIETIES

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

• 3 INCOMING RESOURCES AND RESOURCES EXPENDED

For the purpose of reporting under the Statement of Recommended Practice: “Accounting and Reporting by Charities”, an analysis of incoming resources and resources expended is set out below.

		2022		2021
	£		£	£	Rg
Incoming resources
Income from activities
Subscriptions received	28,006			29,303
Otheroperating income	2,404			29,459
			30,410		58,762
Investment income
Bank interest receivable			217		669
Exceptional items
Donation from subsidiary company			40,000		30,000
Total incoming resources			70,627		89,431
Resources expended
Costs in furtherance ofthe Federation's objectives
Education & Elizabeth Simpson award	280			-
Seminars and online shows	-			20,779
Website and management	7,732			1,461
Publicity	1,520			10,807
Attendance at fairs	5,633			301
Archive meetings	-			90
Society and external liaison	405			-
Project costs	-			15,000
			15,570		48,438
Administratlon and support costs
Administration	22,017			25,021
Executive committee travel, meetings etc	50			318
General Meetings and calling information	3,163			2,238
Insurance	2,924			2,824
Finance	8,280			8,075
Legal charges	-			280
Accountancy charges	2,820			2,760
Depreciation	1,380			1,305
Sundry expenses	123			105
Bank charges	131			126
			40,888		43,052
Totalresourcesexpended			56,458		91,490

16

THE FEDERATION OF FAMILY HISTORY SOCIETIES

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

4 OPERATING LOSS

The operating loss Is stated aftercharging orcrediting:	2022	2021
	£	£
Depreciation oftangible fixed assets
-Ownedassets	1,380	4,305

• 5 ACTIVITIES FOR GENERATING FUNDS

The charity owns the whole of the share capital of Federation of Family History Societies Services Limited, which sells goods and services relating to the charity. Its trading results for the year, as extracted from their accounts, are summarised below:

	from their accounts, are summarised below:
		2022	2021
		£	£
	Turnover	96,771	75,822
	Cost ofSales	(46,465)	(29,690)
	Gross Profit	50,306	46,132
	Administrative expenses	(14,814)	(17,907)
		35,492	28,225
	Other operating income	-	-
		35,492	28,225
	Investment income receivable	562	575
	Netincome foryear	36,054	28,800
	Donation to holding company Net (Loss) foryear	(40,000) (3,946)	(30,000) (1,200)
6	INTEREST RECEIVABLE	2022	2021
		£	£
	Bankinterestreceivable	217	669

7 TAXATION

No provision in respect of UK corporation tax has been made because the company is a registered charity.

• 8 DIRECTORS AND EMPLOYEES

No remuneration was paid to any director during the year or the previous year. There were no employees in the year or in the previous year and there were therefore no staff costs.

17

THE FEDERATION OF FAMILY HISTORY SOCIETIES

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

9 TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
	Computers &	Display
	Printers	Equipment	Total
Cost	£	£	£
At ist October 2021	6,068	4,825	10,893
Additions	322	-	322
Disposals	-	-	-
At 30th September 2022	6,390	4,825	11,215
Depreciation
At 1st October 2021	3,926	4,493	8,419
Eliminated in respect ofdisposals	-	-	-
Charge for the year	1,130	250	1,380
At 30th September 2022	5,056	4,743	9,799
Net book value
At 30th September2022	1,334	82	1,416
At30thSeptember2021	2,142	332	2,474

10 FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
	Shares In
	group
	under-
	takings	Total
	£	£
COST
At 1st October 2021	75,000	75,000
At 30th September 2022	75,000	75,000
NET BOOK VALUE
At 30th September 2022	75,000	75,000
At30thSeptember2021	75,000	75,000

18

THE FEDERATION OF FAMILY HISTORY SOCIETIES

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

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11 SHARES IN GROUP UNDERTAKINGS
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				Proportion	Proportion
		Country of	Details of	held by	held by	Nature of
	Name ofcompany	Incorporation	Investments	company	subsidiary	business
	Federation of Family	United	75,000	100%	Nil	Publishing
	History Societies	Kingdom	Ordinary£1			&marketing
	Services Limited		Shares			of
						genealogical
						information
12	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR			2022		2021
				£		£
	Prepayments Amounts owed bygroup	undertakings		732 47,617		1,249 46,063
				48,349		47,312
13	CREDITORS: AMOUNTS FALLING DUEWITHIN		WITHIN ONE YEAR	2022		2021
				£		£
	Trade creditors			3,887		3,047
	Subscriptions received in advance			7,036		6,972
	Accruals			2,800		4,200
				13,723		14,219

14 GUARANTEE

The members of the company have agreed to contribute £1 each to the assets of the company in the event of it being wound up

19

THE FEDERATION OF FAMILY HISTORY SOCIETIES

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

15	RESERVES	Project	Retained
		fund	funds
		£	£
	At 1st October 2020	15,000	249,774
	Profit/(Loss) for the year	-	(2,059)
	Transferfrom project fund to retained funds	(15,000)	15,000
	At 1st October 2021	-	262,715
	Profit/(Loss) for the year	-	14,169
	Transfer from project fund to retained funds	-	-
	At30thSeptember2022	-	276,884

Project fund

The project fund is a designated fund set up to facilitate projects of genealogical worth undertaken from time to time.

16	RECONCILIATION OF MOVEMENT IN MEMBERS' FUNDS	2022		2021
		£		£
	Profit/(Loss) for the financial year	14,169		(2,059)
	Transfers from members’ funds		-	-
	(Decrease)/Increase in members’ funds	14,169		(2,059)
	Opening members' funds	262,715		264,774
	Closingmembers’funds	276,884		262,715

17 RELATED PARTY DISCLOSURES

The company operates an intercompany account with its subsidiary company and at the year end the balance owing by the subsidiary company was £47,617 (2021:£46,063).

20

THE FEDERATION OF FAMILY HISTORY SOCIETIES

CONSOLIDATED BALANCE SHEET - INCLUDING SUBSIDIARY SERVICES COMPANY

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

	2022			2021
			£	£
	£	£
FIXED ASSETS
Intangible assets		1,250		1,500
Tangible assets		1,665		2,823
		2,915		4,323
CURRENTASSETS
Stocks	20,563		12,187
Debtors	30,298		48 932
Cash at bank and in hand	321,467		293,410
	372,328		354,529
CREDITORS
amounts falling due within one year	(69,776)		(63,608)
NETCURRENT ASSETS		302,552		290,921
TOTAL ASSETS LESS CURRENT
LIABILITIES		305,467		295,244
RESERVES
Retained funds		305,467		295,244
TOTALFUNDS		305,467		295,244

This page does not form part of the statutory financial statements

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