2020-12-31-accounts

Contents			Page
Charity information
Trustees' report			2-6
Independent Examiner's		report
Statement of Financial	Activities
Balance Sheet
Notes to the financial	statements		10-16

Trustees	Trustees	President			Prof. Nicola Spence
		President-Elect			Prof. David BCollinge*
		Vice President			Prof. Rob Jackson*
		Co-opted	Vice President.		Prof. Gail Margaret	Preston (Appointed			12.01.2020)
		Treasurer			Prof. Mahmut Tor"
		Programme		Secretary	Dr. Eric Boa
		Membership		Secretary	Dr. Megan Richardson*(Appointed		01.01.2021)
		Social Media			Dr. Stephen Parnell	(Appointed	01.01.2021)
		Social Media			Prof. Pietro Spanu (Resigned 31.12.2020)
		Publicity	Officer		Dr. Phil Taylor (Resigned 31.12.2020)
		Project Manager			Dr. Nik Cunniffe
					Dr. Vardis Ntoukakis
Secretary					Dr Trisna Dewi Tungadi*
					* = Key management	personnel
Editors					Dr G Clover (editor of New Disease Prof Ralph Dean (editor ofMolecular			Reports) —in attendance Plant Pathology) —in
					attendance
					Prof M Dickinson (editor of Plant		Pathology) —in attendance
Others	invited				Dr Jennifer Hodgetts,	Newsletter	editor
to attend					Dr William Kay, Webmanager
Board meetings					Dr Rosalind Noble, Publicity and Policy Officer Dr Jennifer Brierley, Society Administrator
Address	and Registered Office				1 Naoroji Street,
					London,
					England
					WC1X OGB
Independent		Examiner			Miriam Hickson CTA	FCA
					Chartered Accountants
					5 Robin Hood Lane
					Sutton
					Surrey SM1 2SW
Investment		advisers			Tilney Bestlnvest
					6 Chesterfield Gardens
					London W1J 5BQ
					Hargreaves Lansdown
					One College Square	South
					Anchor Road
					Bristol
					BS15HL
Charity	Number				1071465

				Note	Total Funds	Total Funds
					2020	2019
Income from:
Donations:
Donations & Legacies					18,879
Investments:
Interest receivable					40	53
Investment income					38,277	53,225
Charitable activities:
Journal and Membership		subscriptions			311,282	295,121
Conference income						14,165
Royalties					1 950	9818
Total income					370 428	372 382
Expenditure on:
Charitable activities					258 998	333308
Total expenditure					258 998	333308
Net gains/(losses) on	investments				(120,733)	116,308
Net income/(expenditure)		and
Net movement in funds					(9,303)	155,382
Fund balances brought	forward		at
1 January 2020					1 717366	1 561 984
Fund balances carried	forward		at
31 December 2020					17~064	~11~755

Balance Sheet
As at 31Oecember	2020
		Note	2020	2019
Fixed Assets
Tangible assets				2
Intangible assets			12,209	15,782
Investments			1 274 126	1 366024
			1 286 335	1 381 808
Current assets
Debtors			242	33,213
Cash at bank and	in hand		445,494	253,976
Brokers deposit			16209	55304
			461,945	342,493
Current liabilities
Creditors: amounts	falling due
within one year			40217	6935
Net current assets			421 728	335558
Net assets			~17080 3	17 736
Funds
General			~17 )~8L3	1 717366

						2020	2019
						Total	Total
						Funds	Funds
Raising funds:
Investment management				fees		4,782	4,961
investment management				advice		4559	5 224
						9341	10185
Direct charitable		expenditure:
Newsletter and	publicity				58,784		95,165
Conference expenses						1,164	15,253
Grants (Note 3):
Student bursaries			(36	grants, 2019:20)	123,097		67,200
Travel awards		(6grants, 2019:41)				4,761	29,455
Conference	Fund					7,410	23,614
Honorarium					11,500		13,013
Outreach						7,252	11,350
Fellowships						4 770	28 244
					218,738		283,294
Support costs:
Administration					16,469		10,106
Insurance						783	733
Depreciation						2	1
Amortisation						3,573	2,084
Governance costs
Board meeting		costs				1,097	10,379
Legal Fees						6,000	13,150
Independent	examiner's			fees		2 995	3376
Charitable expenditure					249 657		323 123
Total expenditure					~25	998	~3308

3 GRANTS MADE Student bursaries During the year 36 student bursaries were paid to	the following people/institutions:
Institution	No of	Total cost
	bursaries	E
John Innes Centre	2	6,500
Harper Adams University	6	22,840
Agri-Food	1	3,170
Edge Hill University	1	4,000
Rothamsted Research	3	7,440
Queens University	1	3,500
Univeristy ofCopenhagen	1	3,700
University College Dublin	1	2,840
University of Birmingham	1	3,000
University of Cambridge	2	6,840
University of Exeter	2	6,640
University of Plymouth	1	3,800
University of Hertfordshire	3	8,160
University ofWorcester	1	3,800
Society of Biology	1	9,000
University of Bristol	1	2,605
NIAB EMR	2	7,600
University ofSussex	1	1,520
University of Dundee	2	8,360
University ofWarwick	1	2,180
Egerton University	1	4,002
Central Luzon State University	1	1 600
	~3	~12 097

4 FIXEDASSETS
	Computer
Tangible fixed assets	Equipment
Cost
At 1 January 2020	10,065
Disposals	(10065)
At 31 December 2020
Depreciation
At 1 January 2020	10,063
Charge for year	2
Released	(10065)
At 31 December 2020
Net book value
At 31 December 2020
At 31 December 2019
Intangible fixed assets	Website
Cost
At 1 January 2020	17,867
Additions
At 31 December 2020	17867
Amortisatlon
At 1 January 2020	2,085
Amortisation	3573
As at 31 December 2020	5658
Carrying value
At 31 December 2020	122(E
At 31 December 2019	~157 2

5	INVESTMENTS
At	1st January 2020, at fair	value	1,366,024
Movements in the year:
	Purchases		109,834
	Sales - proceeds		(80,999)
	—(losses)/gains		(8,971)
	Unrealised (losses)/gains	in value	(111762)
At	31 December 2020, at market value		1 274 126
At	31 December 2020, at cost		~11I~45

6 DEBTORS	6 DEBTORS	2020	2019
Accrued	Income	91	196
Debtors		151	14,165
Prepayments			18852
			33213
7 CASH	AT BANK AND IN HAND	2020	2019
Barclays:
General fund current account		4~45 4 4	~23 976
8 CREDITORS		2020	2019
Deferred	Income	4,015	4,026
Accruals		36292	2 909
		4~217	~9