| Page | ||||
|---|---|---|---|---|
| Chair's Report | ||||
| Report ofthe | Trustees | 2 to | 6 | |
| Independent | Examiner's | Report | 7 to | 8 |
| Statement of |
Financial | Activities | ||
| Balance Sheet | 10 to | 11 | ||
| Notes to the Financial Statements | 12 to | 23 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| funds | funds | ||||
| Notes | f | f | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
201 | ||||
| Charitable activities |
|||||
| Subscriptions | 180,033 | 164,334 | |||
| Affiliations and examinations |
8,000 | 2,750 | |||
| Conferences and regional |
events | 68,947 | 35,280 | ||
| Council and other committees | 1,680 | 1,040 | |||
| Investment income |
335 | ||||
| Other income | 7,972 | 2,685 | |||
| Total | 266,632 | 206,625 | |||
| EXPENDITURE ON | |||||
| Raising funds | 131 | ||||
| Charitable activities |
|||||
| Publications and educational |
material | 18,584 | 17,674 | ||
| Affiliations and examinations |
124,764 | 119,521 | |||
| Conferences and regional |
events | 69,839 | 34,176 | ||
| Council and other committees | 18,964 | 13,869 | |||
| Bursaries | 5,500 | 4,606 | |||
| Governance costs |
14,564 | 13,337 | |||
| Total | 252,215 | 203,314 | |||
| NET INCOME | 14,417 | 3311 | |||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
246,968 | 243,657 | |||
| TOTAL FUNDS CARRIED | FORWARD | 261,385 | 246,968 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| funds | funds | |||
| Notes | E | E | ||
| FIXEDASSETS | ||||
| Intangible assets |
14 | 182 | ||
| Tangible assets | 15 | 343 | ||
| 525 | ||||
| CURRENT ASSETS | ||||
| Debtors | 16 | 14,174 | 13,924 | |
| Cash at bank | 274,150 | 260,634 | ||
| 288,324 | 274,558 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
17 | (26,939) | (28,115) | |
| NET CURRENT ASSETS | 261,385 | 246,443 | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 261,385 | 246,968 | ||
| NET ASSETS | 261,385 | 246,968 | ||
| FUNDS | 18 | |||
| Unrestricted funds: |
||||
| General fund | 131,385 | 116,968 | ||
| Emergency operating |
reserve | 80,000 | 80,000 | |
| Legal advice reserve | 50,000 | 50,000 | ||
| 261,385 | 246,968 | |||
| TOTAL FUNDS | 261,385 | 246,968 |
| —Publications | and educational | material | 5% | 2022 - 5% |
|---|---|---|---|---|
| —Affiliation and examinations |
86% | 2022 - 86% | ||
| -Conferences | and regional events | nil | 2022 - nil | |
| —Council and | other committees | 9% | 2022 - 9% |
| 2. | DONATIONS | AND LEGACIES | ||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| f | f | |||||
| Donations | 201 | |||||
| 3. | INVESTMENT INCOME | |||||
| 2023 | 2022 | |||||
| f | E | |||||
| Deposit accountlnterest | 335 | |||||
| 4. | INCOME FROM CHARITABLE | ACTIVITIES | ||||
| 2023 | 2022 | |||||
| Activity | E | f | ||||
| Subscriptions | Subscriptions | 180,033 | 164,334 | |||
| Exam and endorsement | ||||||
| fees | Affiliations | and examinations | 8,000 | 2,750 | ||
| Conference | fees | Conferences | and regional events | 68,947 | 35,280 | |
| Advertising | and | |||||
| publications | Council and | other committees | 1,680 | 1,040 | ||
| 258,660 | 203,404 | |||||
| 5. | OTHER INCOME | |||||
| 2023 | 2022 | |||||
| E | f | |||||
| Other income | 7,972 | 2,685 |
| Raising d | on | a | tions | and legacies | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||||||
| f | f | ||||||||||
| Cost of books sold | 105 | ||||||||||
| Bad debts | written | off | 26 | ||||||||
| 131 | |||||||||||
| 7. | CHARITABLE | ACTIVITIES COSTS | |||||||||
| Grant | |||||||||||
| funding | of | ||||||||||
| activities | Support | ||||||||||
| Direct | (see note | costs (see | |||||||||
| Costs E |
8) E |
note 9) f |
Tota Is f |
||||||||
| Publications | and | educational | |||||||||
| material | 13,238 | 5,346 | 18,584 | ||||||||
| Affiliation | and examinations | 32,805 | 91,959 | 124,764 | |||||||
| Conferences | and | regional events | 69,839 | 69,839 | |||||||
| Council and | other | committees | 8,837 | 10,127 | 18,964 | ||||||
| Bursaries | 5,500 | 5,500 | |||||||||
| Governance | costs | 14,564 | 14,564 | ||||||||
| 124,719 | 5,500 | 121,996 | 252,215 | ||||||||
| 8. | GRANTS | PAYABLE | |||||||||
| 2023 | 2022 | ||||||||||
| 6 | 6 | ||||||||||
| Bursaries | 5,500 | 4,606 | |||||||||
| The total | grants | paid to individuals | during the year was as follows: | ||||||||
| 2023 | 2022 | ||||||||||
| f | f | ||||||||||
| Training | Bursaries | 5,500 | 4,606 |
| Governance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other | costs | Totals | |||||||||||||||
| E | f | f | |||||||||||||||
| Publications | and educational | material | 5,346 | 5,346 | |||||||||||||
| Affiliations | and examinations | 91,959 | 91,959 | ||||||||||||||
| Council and | other | committees | 9,623 | 504 | 10,127 | ||||||||||||
| Governance | costs | 14,564 | 14,564 | ||||||||||||||
| 106,928 | 15,068 | 121,996 | |||||||||||||||
| Accountancy | fees | within | governance | costs | includes | E4,200 (2022 | - E3,900) | payable | to th | ||||||||
| Independent | examiner | for | the examination | ofthe | accounts, | and E1,355 | (2022 - f819) in respect | ||||||||||
| other accountancy | services. | ||||||||||||||||
| Support costs, included | in the | above, | are | as | follows: | ||||||||||||
| Other | |||||||||||||||||
| 2023 | 2022 | ||||||||||||||||
| Publications | |||||||||||||||||
| and | Affiliations | Council | |||||||||||||||
| educational | and | and other | Total | Total | |||||||||||||
| material | examinations | committees | activities | activities | |||||||||||||
| E | f | f | f | E | |||||||||||||
| Wages | 1,856 | 31,929 | 3,341 | 37,126 | 27,915 | ||||||||||||
| Pensions | 49 | 852 | 89 | 990 | 837 | ||||||||||||
| Other office | costs | 657 | 11,303 | 1,183 | 13,143 | 9,107 | |||||||||||
| Staff cover | and support | 2,784 | 47,875 | 5,010 | 55,669 | 53,144 | |||||||||||
| 5,346 | 91,959 | 9,623 | 106,928 | 91,003 | |||||||||||||
| Governance | costs | ||||||||||||||||
| 2023 | 2022 | ||||||||||||||||
| Council | |||||||||||||||||
| and other | Governance | Total | Total | ||||||||||||||
| committees | costs | activities | activities | ||||||||||||||
| f | f | f | E | ||||||||||||||
| Audit and accountancy | fees | 5,555 | 5,555 | 4,719 | |||||||||||||
| Legal and professional | fees | 504 | 8,484 | 8,988 | 8,092 | ||||||||||||
| Amortisation | of intangible | fixed assets | 182 | 182 | 182 | ||||||||||||
| Depreciation | oftangible | fixed assets | 343 | 343 | 344 | ||||||||||||
| 504 | 14,564 | 15,068 | 13,337 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | f | ||
| Depreciation | —owned assets | 343 | 344 |
| Trademarks | amortlsation | 182 | 181 |
| STAFF | COSTS | ||
|---|---|---|---|
| 2023 | 2022 | ||
| E | E | ||
| Wages | and salaries | 37,126 | 27,915 |
| Other | pension costs | 990 | 837 |
| 38,116 | 28,752 |
| 2023 | 2022 | ||
|---|---|---|---|
| Administrative | staff | 1 | 1 |
| COMPARATIVES FOR TH |
E STA | TEMENT OF FINANCIAL ACTIVITI | ES |
|---|---|---|---|
| Unrestricted | |||
| funds | |||
| 6 | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Donations and legacies |
201 | ||
| Charitable activities |
|||
| Subscriptions | 164,334 | ||
| Affiliations and examinations |
2,750 | ||
| Conferences and regional |
events | 35,280 | |
| Council and other committees | 1,040 | ||
| Investment income |
335 | ||
| Other income | 2,685 | ||
| Total | 206,625 | ||
| EXPENDITURE ON | |||
| Raising funds | 131 | ||
| Charitable activities |
|||
| Publications and educational |
material | 17,674 | |
| Affiliations and examinations |
119,521 | ||
| Conferences and regional |
events | 34,176 | |
| Council and other committees | 13,869 | ||
| Bursaries | 4,606 | ||
| Governance costs |
13,337 | ||
| Total | 203,314 | ||
| NET INCOME | 3,311 | ||
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
243,657 | ||
| TOTAL FUNDS CARRIED | FORWARD | 246,968 |
| INTANGIBLE FIXE | DASSETS | |||||
|---|---|---|---|---|---|---|
| Trademarks | ||||||
| f | ||||||
| COST | ||||||
| At 1October 2022 and | ||||||
| 30September 2023 |
1,816 | |||||
| AMORTISATION | ||||||
| At 1October 2022 | 1,634 | |||||
| Charge for year | 182 | |||||
| At 30September 2023 | 1,816 | |||||
| NET BOOK VALUE | ||||||
| At 30September | 2023 | |||||
| At 30September | 2022 | 182 | ||||
| TANGIBLE FIXEDASSETS | ||||||
| Office | ||||||
| equipment | Website | Totals | ||||
| f | f | f | ||||
| COST | ||||||
| At 1October 2022 and | ||||||
| 30September 2023 | 34,388 | 10,350 | 44,738 | |||
| DEPRECIATION | ||||||
| At 1October 2022 | 34,045 | 10,350 | 44,395 | |||
| Charge for year | 343 | 343 | ||||
| At 30September | 2023 | 34,388 | 10,350 | 44,738 | ||
| NET BOOK VALUE | ||||||
| At 30September | 2023 | |||||
| At 30September | 2022 | 343 | 343 |
| 16. | DEBTORS:AM | OUN | TS |
FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| f | E | |||||
| Trade debtors | 7,121 | 2,143 | ||||
| Prepayments | and | accrued income | 7,053 | 11,781 | ||
| 14,174 | 13,924 | |||||
| 17. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2023 | 2022 | |||||
| E | E | |||||
| Trade creditors | 8,298 | 11,763 | ||||
| Other creditors | 217 | 217 | ||||
| Wages and salaries | control | 4,114 | ||||
| Accruals and | deferred | income | 14,310 | 16,135 | ||
| 26,939 | 28,115 |
| MOVEMENT | IN FUND | S | |||
|---|---|---|---|---|---|
| Net | |||||
| At | movement | At | |||
| 1.10.22 | in funds | 30.9.23 | |||
| E | E | f | |||
| Unrestricted | funds | ||||
| General fund | 116,968 | 14,417 | 131,385 | ||
| Emergency | operating | reserve | 80,000 | 80,000 | |
| Legal advice | reserve | 50,000 | 50,000 | ||
| 246,968 | 14,417 | 261,385 | |||
| TOTALFUNDS | 246,968 | 14,417 | 261,385 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| f | E | E | ||
| Unrestricted | funds | |||
| General fund | 266,632 | (252,215) | 14,417 | |
| TOTAL FUNDS | 266,632 | (252,215) | 14,417 |
Page 21 contlnued...
| Net | |||||
|---|---|---|---|---|---|
| At | movement | At | |||
| 1.10.21 | In funds | 30.9.22 | |||
| f | E | f | |||
| Unrestricted | funds | ||||
| General fund | 113,657 | 3,311 | 116,968 | ||
| Emergency | operating | reserve | 80,000 | 80,000 | |
| Legal advice | reserve | 50,000 | 50,000 | ||
| 243,657 | 3,311 | 246,968 | |||
| TOTAL FUNDS | 243,657 | 3,311 | 246,968 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | In funds | ||
| f | f | f | ||
| Unrestricted | funds | |||
| General fund | 206,625 | (203,314) | 3,311 | |
| TOTALFUNDS | 206,625 | (203,314) | 3,311 |
| Net | |||||
|---|---|---|---|---|---|
| At | movement | At | |||
| 1.10.21 | in funds | 30.9.23 | |||
| f | f | E | |||
| Unrestricted | funds | ||||
| General fund | 113,657 | 17,728 | 131,385 | ||
| Emergency | operating | reserve | 80,000 | 80,000 | |
| Legal advice | reserve | 50,000 | 50,000 | ||
| 243,657 | 17,728 | 261,385 | |||
| TOTAL FUNDS | 243,657 | 17,728 | 261,385 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | In funds | ||
| f | f | E | ||
| Unrestricted | funds | |||
| General fund | 473,257 | (455,529) | 17,728 | |
| TOTAL FUNDS | 473,257 | (455,529) | 17,728 |