||||Page|
|---|---|---|---|
|Report ofthe|Trustees||1to4|
|Independent|Examiner's|Report|Sto6|
|Statement of|Financial Activities|||
|ealance Sheet|||gto9|
|Notes tothe|Financial Statements||10 to 22|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||for t|he Year Ended 30September 2|020||
|---|---|---|---|---|---|
|||||2020|2019|
|||||Unrestricted|Total|
||||Notes|funds
f|fundsf|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies||||412|410|
|Charitable
activities||||||
|Subscriptions||||145,907|140,385|
|Publications
and educational||material||2,190|2,765|
|Affiliations
and examinations||||2,375|9,041|
|Conferences
and regiona|I events||||66,874|
|Investment
income
Other income||||1,915
~11575|1,725
~4045|
|Total||||164,374|225,245|
|EXPENDITURE ON||||||
|Raising funds|||||1,036|
|Charitable
activities||||||
|Publications
and educational||material||11,981|12,147|
|Affiliations
and examinations||||90,927|78,318|
|Conferences
and regional|events|||285|70,036|
|Council and other committees||||27,206|34,639|
|Bursaries||||4,750|7,050|
|Governance
costs||||25,796|8,520|
|Total||||160,945|211,746|
|NET INCOME||||3,429|13,499|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
forward||||235,893|222,394|
|TOTAL FUNDS CARRIED|FORWARD|||~239 322|~235 893|
##
||||2020|2019|
|---|---|---|---|---|
||||Unrestricted|Tata
I|
||||funds|funds|
|||Notes|f||
|FIXEDASSETS|||||
|Intangible
assets
Tangible assets||14
15|545
~1105|726
181|
||||1,650|907|
|CURRENT ASSETS|||||
|Stocks||16|105|105|
|Debtors||17|2,798|4,987|
|Cash at bank|||~255 435|244,034|
||||258,338|249,126|
|CREDITORS|||||
|Amounts
falling due|within one year||(20,666)|(14,140)|
|NET CURRENT ASSETS|||~237 672|~234 986|
|TOTAL ASSETS LESS|CURRENT LIABILITIES||239,322|235,893|
|NET ASSETS|||~239 322|235 893|
|FUNDS||19|||
|Unrestricted
funds:|||||
|General fund|||109,322|105,893|
|Emergency
operating|reserve||80,000|80,000|
|Legal advice reserve|||~50 000|50,000|
||||239,322|235,893|
|TOTAL FUNDS|||239322|~235 893|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|DONATIONS||AND LEGACIES|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||E||
|Donations|||||||412|410|
|INVESTMENT||INCOME|||||||
||||||||2020|2019|
||||||||f|f|
|Deposit account interest|||||||~1915|~1725|
|INCOME FROM CHARITABLE|||ACTIVITIES||||||
||||Activity||||2020f|2019
f|
|Subscriptions|||Subscriptions||||145,907|140,385|
|Advertising|and||||||||
|publications|||Publications||and educational|material|2,'190|2,765|
|Exam and endorsernent|||||||||
|fees|||Affiliations|and examinations|||2,375|9,041|
|Conference|fees||Conferences||and regional events|||~66 874|
||||||||~150472|~219065|
|OTHER INCOME|||||||||
||||||||2020|2019|
||||||||E|f|
|Otherincome|||||||1,575|4,045|
|Grants|||||||~10000||
||||||||~11575|~4045|
##
##
|Raising donations|Raising donations|Raising donations|and legacies|and legacies|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2020|2019|
||||||||||f||
|Cost of books sold||||||||||~1036|
|CffARITABLE ACTIVITIES||||COSTS|||||||
||||||||Grant||||
||||||||funding|of|||
||||||||activities||Support||
||||||Direct||(see note||costs lsee||
||||||Costs
f||8)|6|note 9)
6|Totals
6|
|Publications||and educational|||||||||
|material|||||8,654||||3,327|11,981|
|Affiliations||and examinations|||33,705||||57,222|90,927|
|Conferences||and regional||events||285||||285|
|Council and||other|committees||21,217||||5,989|27,206|
|Bursaries|||||||4,750|||4,750|
|Governance||costs|||~63|861|~4750||~25 796
~92 334|25 796
~160 945|
|GRANTS|PAYABLE||||||||||
||||||||||2020|2019|
||||||||||6|f|
|Bursaries|||||||||~4750|~7050|
|The total|grants
paid to individuals||||during the year was as||follows:||||
||||||||||2020|2019|
||||||||||6|f|
|Conference||Bursaries|||||||200|800|
|Training|Bursaries||||||||4 550|6,250|
||||||||||~4750|~7050|
##
##
|||||Governance||
|---|---|---|---|---|---|
||||Other|costs|Totals|
||||E|E|E|
|Publications|and educational|material|3,327||3,327|
|Affiliations|and examinations||57,222||57,222|
|Council and|other committees||5,989||5,989|
|Governance|costs|||~25 796|25,796|
||||~66 538|~25 796|~92 334|
|Other|||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|||Publications|||||
|||and|Affiliation|Council|||
|||educational|encl|and other|Total|Total|
|||material|examinations|committees|activities|activities|
|||E|E|E|E||
|Wages||1,260|21,669|2,268|25,197|40,484|
|Social security||35|607|64|706|1,188|
|Pensions||38|650|68|756|1,001|
|Other operating|leases|327|5,635|590|6,552|6,552|
|Telephone||69|1,180|123|1,372|855|
|Other office costs||242|4,171|437|4,850|5,433|
|Room hire &|||||||
|accommodation||47|804|84|935|758|
|Staff'cover and|support|~1309
~3327|~22 506
~57 222|~2355
~5989|~26 170
~66 538|~56 271|
##
##
##
##
|Governance|costs||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||Governance|Total|
||||||costs|activities|
||||||6|f|
|Accountancy|fees||||5,671|3,601|
|Legal and professional||fees|||19,492|4,630|
|Amortisation|ofintangible|||fixed assets|182|182|
|Depreciation|oftangible||fixed assets||451|107|
||||||~25 796|~8520|
##
##
|||2020|2019|
|---|---|---|---|
|||E|f|
|Depreciation|-owned assets|451|107|
|Other operating
leases||6,552|6,552|
|Trademarks|amortisation|181|182|
##
##
##
##
##
|12.|STAFF COSTS||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||6|f|
||Wages and salaries||||||25,197|40,484|
||Social security costs
Other pension costs||||||706
756|1,188
~1001|
||||||||~26 659|~42 673|
||The average
monthly|number||ofemployees||during the year was as follows:|||
||||||||2020|2019|
||Administrative
staff||||||1|1|
||No employees
received emoluments||||in excess of660,000.||||
|13.|COMPARATIVES
FOR THE||STATEMENT OF|||FINANCIAL ACTIVITIES|||
|||||||||Unrestricted|
|||||||||funds|
|||||||||6|
||INCOME AND ENDOWMENTS|||FROM|||||
||Donations
and legacies|||||||410|
||Charitable
activities||||||||
||Subscriptions|||||||140,385|
||Publications
and educational|||material||||2,765|
||Affiliations
and examinations|||||||9,041|
||Conferences
and regional||events|||||66,874|
||Investment
income|||||||1,725|
||Other income|||||||4,045|
||Total|||||||225,245|
||EXPENDITURE ON||||||||
||Raising funds|||||||1,036|
||Charitable
activities||||||||
||Publications
and educational|||material||||12,147|
||Affiliations
and exa min ation s|||||||78,318|
||Conferences
and regional||events|||||70,036|
||Council and other committees|||||||34,639|
||Bursaries|||||||7,050|
||Governance
costs|||||||8,520|
##
||||Notes to the Financial Statements|-continued||
|---|---|---|---|---|---|
||||for the Year Ended 30September|2020||
|13.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued||||
||||||Unrestricted|
||||||funds|
||Total||||211,746|
||NET INCOME||||13,499|
||RECONCILIATION|OF|FUNDS|||
||Total funds brought||forward||222,394|
||TOTAL FUNDS CARRIED FORWARD||||235,893|
|14.|INTANGIBLE FIXEDASSETS|||||
||||||Trademarks|
||||||f|
||COST|||||
||At 1October 2019and|||||
||30September 2020||||~1816|
||AMORTISATION|||||
||At 1October 2019||||1,090|
||Charge for year||||181|
||At 30September|2020|||1,271|
||NET BOOK VALUE|||||
||At 30September|2020|||545|
||At 30September|2019|||726|
##
##
##
##
##
##
|TANGIBLE FIXED|ASSE|TS||||
|---|---|---|---|---|---|
||||Office|||
||||equipment
f|Website
f|Totals
f|
|COST||||||
|At 1October 2019|||33,013|10,350|43,363|
|Additions|||~1375||~1375|
|At 30September|2020||~34 388|10,350|~44 738|
|DEPRECIATION||||||
|At 1October 2019|||32,832|10,350|43,182|
|Charge for year|||451||451|
|At 30September|2020||33,283|10,350|~43 633|
|NET BOOK VALUE||||||
|At 30September|2020||~1105||~1105|
|At 30September|2019||181||181|
|STOCKS||||||
|||||2020|2019|
|||||f|f|
|Stocks||||105|105|
|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
|||||2020|2019|
||||||f|
|Trade debtors||||360|593|
|Other debtors||||616|616|
|Prepayments
and|accrued income|||~1822|~3778|
|||||~2798|~4987|
##
##
|CREDITORS: AMOUNT|S
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2020|2019|
|||E|f|
|Trade creditors||5,859|3,446|
|Other creditors||1,090|384|
|Accruals and deferred|Income|~13 717|~10310|
|||~20 666|~14 140|
##
||||||||Net||
|---|---|---|---|---|---|---|---|---|
|||||||At|movement|At|
|||||||1.10.19|in funds|30.9.20|
|||||||E|f|f|
|Unrestricted|funds||||||||
|General fund||||||105,893|3,429|109,322|
|Emergency
Legal advice|operating
reserve||reserve|||80,000
~50000||80,000
~50000|
|||||||~235 893|3429|~239322|
|TOTAL FUNDS||||||~235893|3429|~239 322|
|Net movement||in funds,||included|in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||E|f||
|Unrestricted|funds||||||||
|General fund||||||164,374|(160,945)|3,429|
|TOTAL FUNDS||||||~164374|~160945)|~3429|
##
##
##
##
##
|||||||||||Net||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||At|movement|At|
||||||||||1,10,18|in funds|30.9.19|
||||||||||E|E|f|
|Unrestricted||funds||||||||||
|General
fund|||||||||92,394|13,499|105,893|
|Emergency
Legal advice|operating
reserve||reserve|||||80,000
~50 000
~222 394||~13499|80,000
~50000
~235 893|
|TOTALFUNDS||||||||~222 394||~13499|~235 893|
|Comparative||net movement|||in funds, Included|in the|above are|as follows:||||
||||||||||Incoming|Resources|Movement|
||||||||||resources|expended|in funds|
||||||||||E|E|f|
|Unrestricted||funds||||||||||
|General fund|||||||||225,245|(211,746)|13,499|
|TOTAL FUNDS|||||||||~225 245|~211746)|~13499|
|A current year 12 months||||and prior year 12 months|||combined|position|is as follows'.|||
|||||||||||Net||
||||||||||At|movement|At|
||||||||||1.10.18|in funds|30.9.20|
||||||||||E|E|f|
|Unrestricted||funds||||||||||
|General fund|||||||||92,394|16,928|109,322|
|Emergency
operating
Legal advice reserve|||reserve||||||80,000
50,000||80,000
~50000|
||||||||||222,394|16928|~239322|
|TOTAL FUNDS|||||||||~222 394|~16928|~239 322|
##
##
|||incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||E|6|f|
|Unrestricted|funds||||
|General fund||389,619|(372,691)|16,928|
|TOTAL FUNDS||~389619|~372691)|~16928|
##
##