## 

## 

||||||Page|
|---|---|---|---|---|---|
|Reference|and Administrative<br>Details ofthe Association,||its Trustees|and Advisers||
|Chair's statement<br>and||Chief Executive's statement|||2-4|
|Trustees'|Report||||5-12|
|Independent<br>Auditor's||Report on the Financial Statements|||13 - 16|
|Statement|of Financial|Activities|||17|
|Balance Sheet|||||18|
|Statement|of Cash Flows||||19|
|Notes to|the Financial|Statements|||20-39|





## 

|Trustees|||Ms SAdams-Foster<br>(appointed<br>1 April 2023)|Ms SAdams-Foster<br>(appointed<br>1 April 2023)|Ms SAdams-Foster<br>(appointed<br>1 April 2023)|Ms SAdams-Foster<br>(appointed<br>1 April 2023)|Ms SAdams-Foster<br>(appointed<br>1 April 2023)||
|---|---|---|---|---|---|---|---|---|
||||Ms H Birch||||||
||||Ms M Bogle (resigned 4 April||||2022)||
||||Mr P Calver||||||
||||Ms S Davis||||||
||||Mr C Hatherall<br>(appointed|||2 May 2023)|||
||||Mr J Jenner (appointed||1 January 2022, resigned|||31 December 2022)|
||||Mr M McLain||||||
||||Ms F Milton (appointed||1|April 2023)|||
||||Dr A Norwood||||||
||||Ms N Reid-Evans|(appointed|||1 January 2022, resigned 31 December 2022)||
||||Mr H Sadheura||||||
||||IVlrJ Simeon (resigned||31 January 2023)||||
||||Prof KStables, Deputy||Chair||||
||||Ms RTopps (resigned 9|||May|2022)||
||||Mr D Wicken (appointed|||1 April 2023)|||
||||Mr M Williams,<br>Chair||||||
|Company|registered||||||||
|number|||03089012||||||
|Charity registered|||||||||
|number|||1062270||||||
|Registered||office|11 Manor Park||||||
||||Banbury||||||
||||England||||||
||||OX163TB||||||
|Company|secretary||Mrs Bvan Beijnum||||||
|Chief executive officer|||Mr T Ryan||||||
|Independent||auditor|Dains Audit Limited||||||
||||15Colmore Row||||||
||||Birmingham||||||
||||B32BH||||||
|Bankers|||Barclays Bank Pic||||||
||||Warwickshire<br>Group of||Branches||||
||||Santander<br>UK Pic||||||
||||Bootle||||||
||||Merseyside||||||
||||L304GB||||||
|Honorary|President||Dr Ray Peacock OBE||||||





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2021|
|||Note|||E|f.|
|Income from:|||||||
|Donations<br>and legacies<br>Charitable<br>activities||4<br>5|39,100<br>1,017,371|49,417|88,517<br>1,017,371|70,170<br>787,190|
|Investments||6|12,528||12,528|5,183|
|Total income|||1,068,999|49,417|1,118,416|862,543|
|Expenditure<br>on:|||||||
|Charitable<br>activities|||995,445|86,712|1,082,157|852,360|
|Total expenditure|||995,445|86,712|1,082,157|852,360|
|Net movement<br>in funds|||73,554|(37,295)|36,259|10,183|
|Reconciliation<br>offunds:|||||||
|Total funds brought|forward||989,740|45,101|1,034,841|1,024,658|
|Net movement<br>in funds|||73,554|(37,295)|36,259|10,183|
|Total funds carried|forward||1,063,294|7,806|1,071,100|1,034,841|





## 

|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||F||E|
|Fixed assets|||||||
|Intangible<br>assets<br>Tangible assets||12<br>13||13,104<br>10,647||2,119<br>10,270|
|||||23,751||12,389|
|Current assets|||||||
|Stocks||14|2,268||5,186||
|Debtors<br>Cash at bank and in|hand|15|132,334<br>1,298,956||65,426<br>1,280,469||
||||1,433,558||1,351,081||
|Creditors: amounts<br>year|falling due within one|16|(386,209)||(328,629)||
|Net current assets||||1,047,349||1,022,452|
|Tota I net assets||||1,071,100||1,034,841|
|Charity funds<br>Restricted funds<br>Unrestricted<br>funds||17<br>17||7,806<br>1 063294||45,101<br>989,740|
|Total funds||||1,071,100||1,034,841|






|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Note|F|F|
|Cash flows from operating||activities||||||
|Net cash used<br>in operating|activities||||20|27,336|28,106|
|Cash flows from investing||activities||||||
|Bank interest||||||12,528|5,183|
|Purchase oftangible<br>fixed assets||||||(6,417)|(1,807)|
|Purchase of intangible<br>assets||||||(14,960)||
|Net cash (used in)/provided||by investing|activities|||(8,849)|3,376|
|Change<br>in cash and cash|equivalents<br>in||the year|||18,487|31,482|
|Cash and cash equivalents|at the beginning||ofthe year|||1,280,469|1,248,987|
|Cash and cash equivalents||at the end of|the year||21|1,298,956|1,280,469|
|The notes on pages 20to 39||form part ofthese financial||statements||||





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||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022<br>E|2022f|2022<br>E|
||Donations||||39,100||39,100|
||Grants|||||49,417|49,417|
||Total 2022||||39,100|49,417|88,517|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2021|2021|2021|
||||||E|E||
||Donations||||11,533||11,533|
||Grants|||||58,637|58,637|
||Total 2021||||11,533|58,637|70,170|
|5.|Income from charitable||activities|||||
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||||2022|2022|
||Annual<br>subscriptions|||||463,663|463,663|
||Conferences|and courses||||126,804|126,804|
||Consultancy|and management||fees||55,826|55,826|
||Registration|fees||||151,945|151,945|
||Sales of publications|||||189,817|189,817|
||Other income|||||29,316|29,316|
||Total 2022|||||1,017,371|1,017,371|





## 

## 

## 

|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021f|2021<br>E|
|Annual<br>subscriptions<br>Conferences<br>and courses<br>Consultancy<br>and management<br>Registration<br>fees<br>Sales of publications<br>Other income|fees|361,574<br>99,719<br>84,149<br>112,822<br>119,397<br>9,529|361,574<br>99,719<br>84,149<br>112,822<br>119,397<br>9,529|
|||787,190|787,190|



## 

|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
|||6|F|
|Bank|interest|12,528|12,528|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021|
|Bank|interest|5,183|5,183|





## 

|||Unrestricted|Restricted||
|---|---|---|---|---|
|||funds|funds|Total|
|||2022f|2022f|2022f|
|Projects<br>Sales, fees|and publications|628<br>366,657|86,085|86,713<br>366,657|
|Membership|Services|569,123||669,123|
|Curriculum|Development|15,372||15,372|
|Governance||43,665|627|44,292|
|||995,445|86,712|1,082,157|
|||Unrestricted|Restricted||
|||funds|funds|Total|
|||2021|2021f|2021f|
|Projects||57,942|64,801|122,743|
|Sales, fees|and publications|275,902||275,902|
|Membership|Services|410,979||410,979|
|Curriculum|Development|5,000||5,000|
|Governance||37,261|475|37,736|
|||787,084|65,276|852,360|



|||Staff costs|Depreciation|Other costs|Total|
|---|---|---|---|---|---|
|||2022<br>f|2022<br>f|2022<br>f|2022f|
|Projects||24,899|628|61,186|86,713|
|Sales, fees|and publications|207,552|2,510|156,595|366,667|
|Membership|Services|289,210|2,510|277,403|569,123|
|Curriculum|Development|||15,372|15,372|
|Governance|||627|43,665|44,292|
|||521,661|6,275|554,221|1,082,157|





## 

## 

|||Staff costs<br>2021|Depreciation<br>2021|Other costs<br>2021|Total<br>2021|
|---|---|---|---|---|---|
|||F|6|F|F|
|projects<br>Sales, fees <br>Membership<br>Curriculum<br>Governance|and publications<br>Services<br>Development|76,542<br>174,846<br>208,578|474<br>1,898<br>1,898<br>475|45,727<br>99,158<br>200,503<br>5,000<br>37,261|122,743<br>275,902<br>410,979<br>5,000<br>37,736|
|||459,966|4,745|387,649|852,360|



## 

|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||directly<br>2022|costs<br>2022|funds<br>2022|
||||F|F|
|projects<br>Sales, fees <br>Membership<br>Curriculum<br>Governance|and publications<br>Services<br>Development|29,413<br>232,528<br>443,476<br>15,372|57,300<br>134,129<br>125,647<br>44,292|86,713<br>366,657<br>569,123<br>15,372<br>44,292|
|||720,789|361,368|1,082,157|



|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||directly<br>2021<br>F|costs<br>2021f|funds<br>2021<br>F|
|projects<br>Sales, fees <br>Membership<br>Curriculum<br>Governance|and publications<br>Services<br>Development|56,660<br>163,843<br>306,197<br>5,000|66,083<br>112,059<br>104,782<br>37,736|122,743<br>275,902<br>410,979<br>5,000<br>37,736|
|||531,700|320,660|852,360|





## 

## 

|||||Sales, fees||||
|---|---|---|---|---|---|---|---|
|||||and|Membership|Curriculum|Total|
||||Projects|publications|Services|Development|funds|
||||2022<br>E|2022|2022f|2022<br>F|2022<br>F|
|Staff costs|||13,788|122,580|204,238||340,606|
|Project expenditure|||15,625|||15,372|30,997|
|Cost ofsales||||109,948|||109,948|
|Membership||costs|||109,474||109,474|
|Conferences||organised|||29,688||29,688|
|Marketing|and promotion||||100,076||100,076|
||||29,413|232,528|443,476|15,372|720,789|



|||||Sales, fees||||
|---|---|---|---|---|---|---|---|
|||||and|Membership|Curriculum|Total|
||||Projects|publications|Services|Development|funds|
||||2021|2021|2021|2021|2021|
||||||F|E||
|Staff costs|||45,801|104,709|138,441||288,951|
|Project expenditure|||10,859|||5,000|15,859|
|Cost ofsales||||59,134|||59,134|
|Membership||costs|||89,266||89,266|
|Conferences||organised|||17,399||17,399|
|Marketing|and promotion||||61,091||61,091|
||||56,660|163,843|306,197|5,000|531,700|





## 

||||Sales, fees||||
|---|---|---|---|---|---|---|
||||and|Membership||Total|
|||projects<br>2022|publications<br>2022<br>F|Services<br>2022<br>f|Governance<br>2022<br>f|funds<br>2022<br>E|
|Staff costs||11,111|84,972|84,972||181,055|
|Depreciation|and amortisation|628|2,510|2,510|627|6,276|
|Office overheads||45,561|46,647|38,165|21,203|151,676|
|Legal and professional<br>Audit fee|||||13,508<br>6,750|13,608<br>6,750|
|Trustee costs|||||2,204|2,204|
|||57,300|134,129|125,647|44,292|361,368|



|||Sales, fees||||
|---|---|---|---|---|---|
|||and|Membership||Total|
||Projects<br>2021|publications<br>2021|Services<br>2021|Governance<br>2021|funds<br>2021|
|||6|||E|
|Staff costs|30,741|70,137|70,137||171,015|
|Depreciation|474|1,898|1,898|475|4,745|
|Office overheads|34,868|40,024|32,747|18,193|125,832|
|Legal and professional<br>Audit fee||||11,947<br>6,750|11,947<br>6,750|
|Trustee costs||||371|371|
||66,083|112,059|104,782|37,736|320,660|





|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||||F|
||Depreciation|oftangible||fixed assets:||||
||-owned|by the Association||||6,040|4,510|
||Amortisation<br>of intangible|||fixed assets:||||
||-owned|by the Association||||3,976|235|
||Fees payable|to the Association's|||auditors for the audit ofthe Association's|||
||annual accounts|||||6,750|6,750|
||Operating<br>lease rentals|||||25,211|28,553|
|||||||41,976|40,048|
|10.|Staff costs|||||||
|||||||2022f|2021<br>E|
||Wages and salaries|||||456,987|402,886|
||Social security|costs||||43,557|36,935|
||Contribution<br>to defined||contribution||pension schemes|21 117|20,145|
|||||||521,661|459,966|



|||||||||2022|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||No.|No.|
|Staff|||||||||14||
|The<br>number<br>E60,000was:||of employees|whose|employee|benefits|(excluding|employer|pension|costs)|exceeded|
|||||||||2022||2021|
||||||||||No.|No.|





## 

## 

## 

|Intangible<br>assets||||
|---|---|---|---|
||Trademarks|Brand|Total|
||||F|
|Cost<br>At 1 January 2022<br>Additions|2,354|14,960|2,354<br>14,960|
|At 31 December 2022|2,354|14,960|17,314|
|Amortisation<br>At 1 January 2022<br>Charge for the year|235<br>235|3,740|235<br>3,975|
|At 31 December 2022|470|3,740|4,210|
|Net book value||||
|At 31 December 2022|1,884|11,220|13,104|
|At 31 December 2021|2,119||2,119|





## 

## 

## 

|||Fixtures and|Office||
|---|---|---|---|---|
|||fittings|equipment|Total|
|||||F|
||Cost||||
||At 1 January 2022|15,766|37,502|53,268|
||Additions||6,417|6,417|
||Disposals||(1,871)|(1,871)|
||At 31 December 2022|15,766|42,048|57,814|
||Depreciation||||
||At 1 January 2022|10,554|32,444|42,998|
||Charge for the year|782|5,258|6,040|
||On disposals||(1,871)|(1,871)|
||At 31 December 2022|11,336|35,831|47,167|
||Net book value||||
||At 31 December 2022|4,430|6,217|10,647|
||At 31 December 2021|5,212|5,058|10,270|
|14.|Stocks||||
||||2022|2021|
||||f.||
||Finished goods and goods for resale||2,268|5,186|





## 

## 

## 

|Debtors||||
|---|---|---|---|
|||2022|2021|
|||F|F|
|Due within<br>one year<br>Trade debtors||83,585|31,132|
|Prepayments|and accrued income|48,749|34,294|
|||132,334|65,426|



## 

|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|F|
|Trade creditors||||||||25,833|28,767|
|Other taxation<br>Other creditors||and|social security|||||26,548<br>18,489|17,137<br>28,139|
|Accruals|and deferred||||income|||314,339|254,586|
|||||||||386,209|328,629|
|||||||||2022f|2021<br>F|
|Deferred|income at|||1|January 2022|||208,571|198,233|
|Resources deferred||||during||the year||243,763|208,571|
|Amounts|released||from previous||||periods|(208,571)|(198,233)|
|||||||||243,763|208,571|





## 

## 

## 

|Statement offunds|-|current|year|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||||31|
||||January|||Transfers|December|
||||2022|Income|Expenditure|In/out|2022|
|||||E|F||E|
|Unrestricted<br>funds||||||||
|Designated<br>funds||||||||
|Curriculum<br>Development|||5,000||(15,372)|30,305|19,933|
|General funds||||||||
|General<br>Funds|||984,740|1,068,999|(980,073)|(30,305)|1,043,361|
|Total Unrestricted|funds||989,740|1,068,999|(995,445)||1,063,294|
|Restricted funds||||||||
|Supporting<br>Secondary||D&T|10,000||(10,000)|||
|Supporting<br>Professional||||||||
|Development<br>in D&T|||34,091|49,417|(76,712)||6,796|
|Mclntosh<br>Funds|||1,010||||1,010|
||||45,101|49,417|(86,712)||7,806|
|Total offunds|||1,034,841|1,118,416|(1,082,157)||1,071,100|





## 

|Statement<br>offunds|- p|rior year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||||Balance at|||31|
|||||1 January<br>2021f|Income<br>F|Expenditure<br>f|December<br>2021<br>F|
|Unrestricted<br>funds||||||||
|Designated<br>funds||||||||
|Curriculum<br>Development||||10,000||(5,000)|5,000|
|General funds||||||||
|General Funds||||961,765|803,906|(780,931)|984,740|
|Total Unrestricted|funds|||971,765|803,906|(785,93'I )|989,740|
|Restricted funds||||||||
|Supporting<br>Secondary <br>Supporting<br>Professional<br>Mclntosh<br>Funds||D8T<br>Development|in DBT|21,611<br>30,272<br>1,010|58,637|(11,611)<br>(54,818)|10,000<br>34,091<br>1,010|
|||||52,893|58,637|(66,429)|45,101|
|Total offunds||||1,024,658|862,543|(852,360)|1,034,841|





## 

## 

## 

## 

## 

## 

## 

|Summary|offunds - current ye|ar|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1||||31|
|||January|||Transfers|December|
|||2022|Income|Expenditure|in/out|2022|
|||E|||E||
|Designated|funds|5,000||(15,372)|30,305|19,933|
|General funds||984,740|1,068,999|(980,073)|(30,306)|1,043,361|
|Restricted|funds|45,101|49,417|(86,712)||7,806|
|||1,034,841|1,118,416|(1,082,157)||1,071,100|
|Summary|offunds - prior year||||||
|||||||Balance at|
||||Balance at|||31|
||||1January|||December|
||||2021f|Income<br>E|Expenditure|2021<br>E|
|Designated|funds||10,000||(5,000)|5,000|
|General funds|||961,765|803,906|(780,931)|984,740|
|Restricted|funds||52,893|58,637|(66,429)|45,101|
||||1,024,658|862,543|(852,360)|1,034,841|





## 

## 

## 

|Analysis|of net asse|ts between<br>funds<br>-curr|ent year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
||||E|F|F|
|Tangible fixed assets<br>intangible<br>fixed assets<br>Current assets|||10,647<br>13,104<br>1,425,752|7,806|10,647<br>13,104<br>1,433„558|
|Creditors|due within|one year|(386,209)||(386,209)|
||||1,063,294|7,806|1,071,100|



|Analysis|of net assets between funds - prio|r year|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021|2021|2021|
|||F||F|
|Tangible fixed assets<br>Intangible<br>fixed assets<br>Current assets||10,270<br>2,119<br>1,305,980|45,101|10,270<br>2,119<br>1,351,081|
|Creditors|due within one year|(328,629)||(328,629)|
|||989,740|45,101|1,034,841|
|Total|||||



## 

|Reconciliation<br>of ne|t movement|in fund|s to net cash flow from opera|ting<br>activities||
|---|---|---|---|---|---|
|||||2022|2021|
|||||F|f.|
|Net income for the year (as per Statement|||ofFinancial Activities)|36,259|10,183|
|Adjustments<br>for:<br>Depreciation<br>charges<br>Amortisation<br>charges<br>Bank interest||||6,040<br>3,975<br>(12,528)|4,510<br>235<br>(5,183)|
|Decrease/(increase)<br>(Increase)/decrease<br>Increase<br>in creditors|in stocks<br>in debtors|||2,918<br>(66,908)<br>57,580|(1,195)<br>14,366<br>5,190|
|Net cash provided|by operating|activities||27,336|28,106|





## 

## 

## 

|||||2022f|2021|
|---|---|---|---|---|---|
||Cash|in hand||1,298,956|1,280,469|
||Total|cash and cash|equivalents|1,298,956|1,280,469|
|22.|Analysis ofchanges||in net debt|||



|||||||At 1||At 31|
|---|---|---|---|---|---|---|---|---|
|||||||January||December|
|||||||2022|Cash flows|2022|
||||||||E|E|
|Cash|at|bank|and|in|hand|1,280,469|18,487|1„298,956|
|||||||1,280,469|18,487|1,298,956|



## 

## 

|non-cancell|able|operating<br>leases as follows:|||
|---|---|---|---|---|
||||2022|2021|
|||||F|
|Not later than||1 year|12,546|25,211|
|Later than|1 year and not later than 5years||13,867|39,077|
||||26,413|64,288|



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