Company number: 03628986
Charity number: 1071825
THE POLITICAL STUDIES ASSOCIATION OF THE
UNITED KINGDOM (A Company Lirnited By Guarantee)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
*AC56XHTh¥•
07hrI2W23
COMPANIES HOIJSE

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
CONTENTS
Pages
Legal and administrative infomiation
Trustees, annual report (including direthrs. report)
5-16
Statement of Trustees, responsbiliiies
17-18
IndepeTrJent Examinerfs report
19
Statement of financial activities
20
Balan￿ sheet
21-22
Statement of cash flows
23
Notes to the finanaal statements
24-32

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR TO 31 DECEMBER 2022
Legal and administrative infonnation
Full name
The Political Studies Association of the United Kingdom
Registered company number 03628986
Registered charfty number
1071825
Trustees:
Roger Awan-scully Chair
communTrcat￿ns
Claire Dunlop
Vice-chair
Chair of Publications Sub£ommrttee
Yvonne Galligan
John Craig
Fiona Mackay
Alistair Clark
Honorary Treasurer
Honorary Secretary (appointed July 2022}i
Honorary Secretary (resigned July 2022)
Specialist Groups (appointed November 2022)
Arianna Giovannini Specialist Groups
Andrew Mycc¢k
Membership
Manjeet Ramgotra Equality, Diversty & Inclusion
Early Careers Network
Stuart IAfjlks-Heeg Membership (resigned July 2022)
James Weinberg
Schools Programme
Amdia Hadfield
Intemational Relations
Omar Khan
Lay-trustee
Equality. Diversity & Inclusion
Intemational Relations
Roula Nezi
Indrairt Roy
Trustees CoThOPted for one year:
AliSt￿r Clark
Specialist Groups (appointed November 2022)
Undergraduate Programme (resigngj September 2022)
Trustee (appointed September 2022)
Liam McLoughlin
Heather ￿berr0
All the above make up the PSA'S Executive Committee alongside representatives of the PSA'S
Teaching and Leaming Nelwork and the Eaty Careers Networ

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR TO 31 DECEMBER 2022
Legal and admlnistratlve Inforniatlon
Key Staff
Michelle Doyle V¥fjldman
fvliriam Fox
Chief Executive and Company Secretary
Finance Manager
Registered office
PSA Head Offlce
Elizabeth Meehan Sutte
Unit 2. Regent House
1-6 Pratt Mews
London
NW1 OAD
Bankers
Bank of Scotland
Leicester Branch
PO Box 1000
BX2 1LB
Independent examlner8
UHY Hacker Young
14 Park Row
Nottingham
NG1 6GR

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
TRUSTEES, ANNUAL REPORT {INCLUDING DIRECTORS, REPORT)
FOR THE YEAR TO 31 DECEMBER 2022
Report of the Trustees for 2022
The trustees. who act as directors for the purposes of company law. have pleasure in submitting
their Annual Report and Finanaal Statements for the year ended 31 December 2022. The trustees
have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting
and Reports'ng by Charilies" 2015 IFRS 102) in preparing the annual report and financial
slatements of the charity. The following report was approved by the truslees at their Executive
Committee meeting on 10 March 2023.
Legal Status
The Political Studies Association of the United Kingdom, also known as the Political Studies
Association (PSA and. below. as the Associats'on), is a company limited by guarantee (number
03628986). The Political Sludies Assoaalion is also a registered charty (number 1071825) and
is subject to the provis￿nS of the Charities Act 2011 and the rulings of the High Court with regard
to charrties generally. The charity is registered for VAT (number 620.3514.86)- The majorrty of
members of the Executive Committee of the Associab"on are the trustees of the charity and are
personally accountable for the proper management of the Association and its assets. They are
required to act prudently at all tirnes in the best interests of the tharity-
The Charities Act 2011 requires registered CharIt￿S to make an annual retum of accounts and
activities. The Chartties Act 2011. the Charities (Accounts and Reports) Regulations 2008 and
the Accounting and Reporting by Charilies Stslement of Recommended Practice {'Charty SORP
2015, FRS 102) fomi the accounting framework for charities. The current guidance can be found
at..
www.chartycommission.gov.uklchanty_requirementsJuidancelaccounting_arKI_reportingl.
Objects and Mernbershlp
The Political Sludies Association of the United Kingdom was founded in 1950. The objectives of
the Association. set out in clause 3 of the company's Articles of Association, are 'to promote the
development of political studies and to encourage education and the advancement of learning in
the art and science of govemment and in other bfanc*es of the political sciences".
The charty is govemed by its Articles of Association and by-laws. which We￿ amended in March
202110..
Bring them up to date with l*est legislation and guidance
Allow lay trustees to be members of the Executive Commtttee (and to also allow them to be
appointed into the Honorary Treasurer roles)
Allow the Executive Commitiee to change membership types
Clarrfy the approach to remowng trustees.
Any person holdw)g an appointment in polttical studies and allied subj'ects in a higher education
institution. and any other person whose parts'cipation is likely to be advantageous to political
studies. may become a member. Some mernbers {students, teachers in schools. public members)
do not have full voting rights or receive the PSA'S printed journals arKI this is reflected in a lower
membership rate.
As of December 2022. the total membership was 1546 (compared wrth 1851 at the erMI of 2021).
This in¢luded 670 standard rate members (at 800 at the end of 2021), 494 eady career members

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR TO 31 DECEMBER 2022
compared to 608 in 2021 as well as 117 student members arKI 44 school members We monitor
membership trends dosdy and will continue to make membership retenlion and development a
priority.
Trustees and Governance
The trustees of the Association constitute the Executive Committee. The Executive Committee
normally meets four times a year. At the end of 2022. there were 15 members. of whom were
Co-opted arKI one a lay trustee.
Under by-law 4.7. an elected trustee can serve for up to a total oftwo elected tems oflhree years
and one year as a ccpopted member (maximum six plus one years) bul must then sland down
from the ExecLrtive Commrttee for one fvll tern (i.e., three years). Trustees can be ¢(￿pted to
the Executive for a maximum peric4J of one year before having a break of at least one year before
undertaking another ctropts"on.
Appointment to the elected posrtions on the Exeojtive Committee is determined through a ballot
of all members. In 2022, the role of Honorary Secretary and tsvo other elected trustee posts came
up for election and this process was overseen by Professor Fiona Mackay as PSA Honorary
Secretary and Returning Officer. The successfijl candidates were Professor John Cra￿, Dr
Andrew Mycock and Dr Indrajrt Roy.
All the trustees who serrfed in 2022 are listed in the introductory section of this report. No trustee
receives any remuneration.
A number of trustees act as the lead for particular areas of activty and work dosely with members
of the PSA staff. The onty formal standing Committee which now exists is the Publicalions sub-
commrttee which also involves all the PSA'S joumal edrtors and our academic publishers. SAGE
Publishing. However. a trustee-led working group to consTrder EDI in the association was
established in late 2021 and active throughout 2022.
Staffing
The Chief Executive, Michelle Doyle Wldman, continues to be supported by a team of six officers
covering Finance, Events, Communications and Membership.
Promollng Equal Opportunities
The Trustees are committed to creating a diverse and inclusive environment, to providing
opportunities for career development for all and to ¢¥)posing all fornis of discrimination. The
Association's Equality and Oiversty Strategy is one of the central pillars of its ten-year strategic
plan and is the lens through which we conduct all our operations. In 2022. Dr Roula Nezi became
Executive Committee lead for the Diverse Voice5 Programme with Dr Manjeet Ramgotra taking
over as chasr of Equalty, Diversty and Indusion working group.
Our key focus on EDI matters for 2022 has been launchirvj the Diverse Voices programme This
began by offering scholarship and research grant opportunities for PhD and Early Career
Researchers from under represented groups (see 4.d below for further detsilsl. We are
considering this a pilot and will review this ahead of further implementation.

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Publlc Benefit
In preparing this report the trustees confimi thal they have had regard to the Chanty Commission's
guidance on public benefit, as set out in its publication 'Charities and Public Benefit." the Charity
Commission's general guidance on public benefrt (January 2008, amended December 2011) and
subsequent postings on the Pubhc Benefit seth.on of its websrte.
The Charrtres Act 2011 sets out the following. among others. as charitable purposes..
a) the advancement of educalion;
b) Ihe advancement of the arts. cu￿Ure. heritage or science.
It also specif*s a legal requirement 'lhat every organisation set up for one or rn0￿ charitable
aims must be able to demonstrate that its aims are for the public benefrt rf it is to be recognised,
and registered. as a charity in England and Wales" This is known as the public benefit
requirement. There are bwo key principles. both of whith must be met in order to sh)w that an
organisation's aims are for the public benefit..
Principle l.. There must be an identifiable benefit or benefits:
Principle 2.. Benefft must be to the public. CK a section of the public.
The Association has proV￿ed a benefft to the public by carrying out the actNities listed in this
report in accordance with its charitable object lo promote the development of polib.cal studies and
to encourage education and the advan￿ment of leaming in the art and science of govemment
and in other branches of the political sciences".
We are seeking to achieve our stralegy to ajVan￿ the leaching and study of polrtics through
the values of sustainability, excellen￿. diversity. and advocacy by focussing on..
Member engagement Iso we maintain and grow our association)
Taking a digital-first approach
Supporting research as well as teaching
Supporting equality. diversty and inclusion in our association and across the discipline
Belng a strortger voice for the discipline amidst on-going industrral action. the pandemi
aftermatch and threats to departments teaching our subj.ect in some instrtutions.
As a learned soaety. our public benefft derives not simply from membership of the Association
but from the wider dissemination by the Associalion of knowledge about politics and political
studies through the charity's events. publications. social media and website
as set out
below.The context in which we and our members have worked in 2022 includes the impact of the
Pandemic, increasing risks to those wothng in university departments and a climate of strike
action.
Activities for the Public Benefft
The Political Studies Assoaalion engages in a range of activities open to members and nor
members alike. As described in more detail in other sedions of this report. the Association

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organises a large number ol events arvj produces a range of publications that serve to promote
the understanding and development of political studies.
1. Publications
1.a, Academic Journals
The Association ovms four academic. peer-reviv4¥ed journals.. Political Studies.. The British
Joumal of Politics & Intemat￿naI Relations." PolitKs.' and Political Studies Review. These have
been published under contract by SAGE Publishing since January 2016. This arrangement
provides a guaranteed and substantial source of revenue for the association through to the end
of 2025 {as a new fivtryear agreement came into force on 1 January 2021).
The latest data on these journal's impact is from 2021 and is listed below. Please note that in
order to more accurately refled the dynamic cllation environment of rapid online publication,
Clarivate introduced a new calculation for the 2020 Impact Factorwhich will continue to be phased
in up to the 2022 Impact Factor.
Political Studies had an Impact Fartor of 2.546 in 2021. an increase on 2.396 from the
previous year and the highest yet. ranking rt 661187 in the category of Political Science.
The 5 Year Impact Fador is 2.884. a decrease from the prior year (3.342).
The Bn"tish Joumal of Politics and Intemational Relations (BJPIR) had an Impact Factor
of 2.035 in 2021. a slight decrease on 2.422 in the previous year, ranking r(45196 in the
category of Intemational Relations and 901187 in Polrtical Science. The 5 Year Impact
Factor is 2.781, a decfease on prior year (3.167).
PolitKs had an Impact Factor of 1.731 in 2021. a decrease on 2.492 in the previous
year, ranking rt 1111182 in the Political saen￿ category and $8196 in International
Relations. The 5 Year Impact Factor is 2.010. a d￿rease on prior year (3.119).
Political Studies Review (PSRJ had an Impact Factor of 3.248 in 2021, an increase on
3.241 in the previous year. ranking it 421187 in Political Science. The 5 Year Impact
Factor is 2.569, an increase on prior year (2.298).
The PSA regulady reviews available data on submissions. aCceptan￿S and reviewers and has
seen the gender pattem of those submitting for its journals c(Mtinue in 2022.
1.b. Polltlcal Inslght Magazlne
In addition to its academic journals, the PSA publishes Pditical Insuht- a full colour magazin
Style journal of topical articles which aims to reach the wider communty by making academic
research ac￿Ssible to practitioners. teachers, students and the general reader. This is provided
free of charge as part of PSA membership.
The most read artide put￿iShed in 2022 was 'Red Wall." The Definitive Description, by James
Kanagasooriam and Elizabeth Simon.

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I Conferences and events
The PSA organises an annual intemational conference. annual lectures which are open to the
public and evenis for its early career members and Teaching & Learning Ne￿ork. In 2022, the
PSA supported 57 specialist groups who also hokl a wide range of events each year and the
Association also collaborates with the British Intemational Studies Association (BISA) to hold
regular meetings with Heads of Department and other leaders.
2.a Annual Internatlonal Conference 2022
72nd Annual International Conference
This event was held as a hybrid conference at the University of York from 10-13 April 2022 (who
served as academic convenors). This attracted 509 in person registrations and 392 digital
registrations.
2.b. Future PSA Conference Dates:
73rf Annual Intemth'onal Conference 2023. convened by Universty of Liverpool
74th Annual International conferen￿ 2024. convened by UnNersity of Strathclyde
3. Communications, Engagement and Prizes
The PSA'S communication strategy focuses m:
Membership retention..
Dissemination of knowledge and expert anatysis"
Creating communities of practice
Increased promot.on on all the ways people can get involved in the PSA; and,
Achieving higher profile support of the discipline.
The Association has an important role to play in helping to inforni public debates on key polrtical
issues by bringing the attention of the public. the media and policy-makers to the research and
evidence being produced by academics working in the field of political studies. It does so by,
among other things, media relations. sharing journal outputs, encouraging members to submit
evidence to SeFed Committees and other inquiries or consullations. arKI putting forward the
names of academic experts to provide such advice and evidence. Increasingly this is also
achieved through working with partners and through sooal media activity.
The Association has continued to produce other material on key issues drawing on the research
of PSA members induding regular blogs on the website. It also makes available reports and
publications from other organisations that are of particular interest to PSA members.
3.a. Cofflmunication with Members
The Association communicates regularly with all of its manbers through a number of channels
including PSA News (published as a digitsl newsletter twice a year). a monthly e-newsletter. the
PSA website, and social media. particulady Twitter. Instagram and Facebook.

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3.b. Digital Communl&*ions
The PSA uses its digital channels to the full to maintain arKJ enhance our online profile and to
help members feel infonned. supported and engaged. Subsequently. the Association's Twitter
presence has grown from 22 7K at the end of 2021 to 24.1 K by the end of 2022 with 1.2M Twitter
views. The Association increased its use of e-newsletters and other bulletins and has seen
increasing open rates of 42.250h {compared to 33.659/0 in 20211. The PSA website also hosted
50 blogs in 2022 {compared to 59 in 2021) alongside 50 news items and statements concerning
PSA business or the wider discipline.
3.c. Academlc Prizes
Each year the Association awards a range of academic prizes relating to outstanding books, PhD
dissertations, teaching and career achievements. In 2022. following an extensive judging process,
13 PSA prizes were awarded and celebraled. as follows:
Dr Donna Smith won the Jennie Lee Prize for outstanding teaching
Or Simon Stevens won the Sir Bemard Crick for outslanding teaching
University of York won the Politics Society of the Year
Parfiaments Specialist Group won the Specialist Group of the Year Prize
Professor Elrzabeth Evans won the Joni Lovenduski Prize for outstanding professional
achievement by a mid<areer scholar
The Institute for Govemment won the Political Communicator of the Year Prtze
Dr Louise Thornpson won the Richard Rose Prize for an early career scholar who has made
distinctive conlribution to British Fiolitics
Lord Philip Norton won the Sir Isaiah 8erlin Prize for Lifetime Contribution to Political
Siudies
Dr Leah Mccabe won the Elizabeth Wiskemann Prize for (in)equalrty and social justice
Dr Matthew Barnfbeld won the McDougall Trust Prize for ele(*bons. electoral systems and
representation
Dr Sneha Reddy Tamu won the Shirin M. Rai Prize for intemational relations
Dr Steven MacGregor won the wa￿er Bagehot Prize for govemment and public
administration
Professor Karen Cells & Profes%x Sarah Childs (Feminist Dem(xratic Repre￿n18t￿n) and
Professor Maria Sobolewska & Professor Robert Ford {8rexitland) were co-winners of the
Mackenzie Book Prize.
3.d. Annual Lecture 2022
This was held ￿ain online in 2022 on 15 December. The lecture Back of the net? How sporting
and polit￿al goals coincide and contradict was given by Cardiff Universty's Professor Laura
McAllister and the Q&A was thaired by BBC joumalist Emma Vardy. This attracted 198
registrations arKI some 99 views after the event. Social media engagement on the lecture
attracted 28.7k impressions and 356 engagements which helps to raise our profile and the profile
of the Sports and Politics sutrpdiscipline.
10-

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4. Research. Partnerships and Impact
The Research Ex￿llenCe Framework is the system for assessing the qualty of research in UK
higher education institutions. Each university submitted eviden￿ in 2021 for review by expert
sub-panels set up for each discipline. The Politics and Intemational Stud￿$ sub-panel contained
a number of PSA members,including the currenl Vice-chair Professor Claire Dunlop and previous
PSA President Professor Matt Flinders. The panel reported on 12 May 2022. We arranged a Q&A
session wth this panel and Heads of Departments in Juty.
4.a. Professlonal Impact
The Association regulady participates in government. padiamentary and research council
Consultations on issues for which rt has particular expertise andlor which may have a bearing on
its own activrties The PSA was a founding member of the Academy of Social Sciences (ACSS)
and remains an active participant in the work of the Academy and in the associated Campaign for
Social Science. In 2022 we became actNe members of the ACSS and ESRC EDI workjng group.
PSA MeM￿[S also strongty featured in the QAA subject benchmark statement review advisory
group for Politics and Intemational Relations.
4.b. Parliamentary Internships
For the last fve years, the PSA has wothed with the Partiafflentary Scrutiny Unit to support PSA
member PhD students on a four-monlh pl8￿Ment working with a Select Committee. Applications
to the scheme continue to be of a high quality and the feedback from participants, their hosts and
their academic supervisors is universally positive. In 2022. one placement was secured with the
Political. Administration and Constitutional Affairs Committee. and the secorKI with the
International Trade Committee.
4.c Research & Innovation Fund
The PSA invited applicants for the ￿nd round of this fund in 2022 to support innovative
research and engagement iniliatives. 11 projects were funded for completion by Summer 2023:
Dr Patrick Rewa Mcsweeney from Georgetown Universty. Washin9ton. D.C.' SuNey ol
democratic youth to identify intTrpaty con11￿ and the nomination process
Dr Emily Rainsford from Newcasue Universty and Professor CLare Saunders from
Exeter Universty.'InnovatNe interventions inlo protest ￿Sea￿h
Italian Specialist Group - Dr Mattia Zulianello from Universrty of Trieste.. Affective
Polansation during the 2023 Italian General EleCt￿n
Technology, Intemet and Policy & the Media and Polibcs Specialist Groups - Professor
Kate Dommett from University of Sheffield.. Regulating new media and old media..
Research challenges, emerging findings and futu￿ dirEctions.
Greek Politics Specialist Group- Dr Angelos Angelou from London School of Econornics
and Political Science." Small states and EU wlicy making in the era of wlycnsis
11

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Dr Antonella Seddone from Universty of Turin: The impact of extemal crises on the
relations between member states and the European Union
Dr Yue Zhou Lin from Unrversty of Bristol.. Confronting Eurocentrism for Equality and
Diversity.. Innovative Pedagog￿al Strategies and v0￿eS of Internal￿nal Studenls
Dr Andy Knott from Universty of Bright¢￿. Populism sp￿aliSt Group Sixth Annual
Wothshop al Bnghton University
Participatory and Deliberative Democracy Specialist Group- Dr Hans Asenbaum,
Canberra University." Dr Anastasia Deligiaouri. Dublin City University., Dr Dannica Fleuss.
Helmut-schmidt-universty Hamburg.. Wortshop at Manchester Metrowlitan Univer&ty
Dr Benjarnin Bowman, Manchester Metropolitan Universty: Dr Sharon Choe. University
of Salford: Climate Emeoencyl Had(athon at the PSA Annual Conference 2023.
veq)ool
Dena Arya from Nottingham Trent Universty: What role d(*s economic inequality play in
how young people pa￿1pate in environmental Fhsitics in the UK?
We were pleased to see the success of the projects funded in 2021 and how this PSA'S Research
& Innovation Fund has acted as a catatyst for match fvnding and new opportunities for the
scholars con￿rned.
4.d Diverse Voices Programme
The launch of the Diverse V(Hces programrne of scholarships and grants saw a wide variety of
applicants from hNJher leaming institutions from across the Uniled Kingdom.
The PSA awarded Dtvetse Voices Scholarships in 2022 to PhD students {in their second or final
year in 2022123 academic year) and early career research grants to postdoctoral candidates
affiliated to a UK H￿her Education Instrtution and. who se￿-￿entified as Black Bntish, Asian
British. or minority ethnic UK perrnanent residents. as follows..
Scholarships:
Darlington Nyambiya a PhD researcher at Boumemouth University looking at The Social
edia ReVolut￿n and Rwitical Activism. A Case Study of Zimbabwe.
Hubert Au undertaking a DPhil at the Oxford Intemet Institute. Universty of Oxford
entiiled The News TransrtThal Movement.. The Case of#MeToo
Neha Doshi undertaking a PhD at the London Metropolitan Untversty entitled Talking
8(l)ack." Race, Podcasting and Social Media
Pascal L. Mowla undertaking a DPhil at Oriel College. Unsversty of Oxford entitled The
Ethos of Equality of Opwirtunity
12-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
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Stephanie Ifill a doctoral researcher in politics at the Universty of Westminster drawing
attention to epistemology. and the Self-1n-th￿erydaY as both political sites.
Research Grants:
Xiaowan Cang from University of Oxford". HisknTusing and conceptualising China s new
Three-child PolKy and repnxluctive lrfe.
Dr Skyler Hawkins from Ne•Ycastle University: Anal￿S andpresentat￿n of data on
electoral activily of the 2022 US midtenn electii)ns and 2024 general electN)n.
Dr Gabriela Palricia Garcia Garaa from Universty of Aberdeen.. Tens￿nS between
security and human lights in govemmental responses to refugee movements in a Global
South context.
5. Teachlng and Leamlng
S.a. Teaching & Learnlng Network
The PSA'S Teaching and Learning Nelwork (TLN) delivered a series of webinars - particularly
focusing on teaching statistical melhods. They also held a sponsored panel on 'Futures of
Teaching and Learning in Political Science, at the APSA 2022 Annual M&ling. They continue to
monftor the gender balan￿ of speakers at TLN events and achieved thts at the PSA22
conference.
5.b. Schools
The PSA also continued to offer CPD sessions for teachers during 2022 in partnership with the
Parliament Education Service. "Representation in the House of Commons.. what does it look like
and how does it work?.
presented by Dr Stephen Holden Bates, saw 169 teachers registered to
attend and 1 OO0A of attendees subsequenlly rated the event as 'very useful. or 'useful' for their
teaching practice.
We also continued our successful partnership with the Financial Times on the Student Blog
Competition, supported by the UK Parliament Education Team and the Association of Citizenship
Teachers (ACTI 43 students submrtted ex￿lIent blogs on the subject "UK Parliament doesn't
look or sound like the rest of the country.. shoufd this change and. rfso. howv Entries were judged
by a panel from the PSA, FT and ACT. The winner. and Iwo runners-up y￿re announced at a
virtual event. chaired by Andrew Jack. Global Education Editor. FT. preceded by a presenlation
on the topic of the blog. live from the House of Commons. from Deputy Speaker of the House,
Nigel Evans.
We conlinued to be partners on UK Parliament Wleek (14-20 N¢)vember) and Polrtical Literacy
Day {5 December).
5.c. Undergraduate membership

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
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Our student members vme a￿e to attend our dedicated Undergraduale Conference in 2022. in
partnership with the Universty of York. which took place entirety digitally. 41 student members
took part from 18 universities and all the students who took part in the conference were
commended not just for the qualty of the work but aiso their presenting skills.
6. The Early Career Network
The PSA is committed to supporting the next generation of political scientists through ils Early
Career Network {ECNI. which exists to represent the interests of postgraduate students.
postdoctoral researchers, and earty career academics. ECN membership, which ended the year
omprising 494 individuals. is open to those who have started a doctoral degree up until three
years after the completion of a doctoral viva.
The ECN committee played an active role at the PSA22 conference offering multiple opportunities
for early career researchers to nelwork. induding hosting a welcome breakfast, and a well-
supported mentoring session. They ran their own annual Conferen￿ and symposium which took
pla￿ online in July. In September they hosted the editor of the British Joumal of Politics and
International Relations at an event, and in October they ran an online 'annual welcome. where
ECN members had the opportunity to meet the committee and hear of their planned events for
the Coming months. During November, the committee hosted a lunch-time online seminar on the
value of writing retreats for PhDs and ECRS. as well as an online roundtable on communicating
research expertise.
7. Specialist Groups
In 2022, the Association supported 57 specialist groups covering the vthole gamut of the
discipline's areas of interest. The convenors of each group worked closely with the PSA Team
and each other to engage Iheir members and hold innovative online and in-person events. with
51 events promoted through the Association's websrte during the year. In total. the specialist
groups have an active membership of over 11.000.
8. Inlernatlonal Links
The PSA has also maintained its close relationship wth the American Political Science
Association {APSA) and signed a new three year Memorandum of Understanding in 2022. We
participated in the APSA annual meeting in Montreal. Canada September 2022 with a PSA
sponsored international panel of UK. US, gemian, Austrian and Dutch scholars led by Professor
Rachel Gibson from Universty of Manchester ents'tled. Re-wiring and Restruduring Electoral
Mobilization.. Assessing the impact of the Pandemic on the study and praclice of Polrtical
Campaigning,. We also worked with APSA to host a PSA Teaching & Learning Network panel
(see 5a).
The Association is also represented on the Council of the Intemational Polttical Science
Association (IPSA) by fomier trustee Professor Umut Korkut.
14-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
TRUSTEES, ANNUAL REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR TO 31 DECEMBER 2022
The finanaal management of the Polttical Stud￿$ Association of the Unrted Kingdom is
undertaken by the Chief Executs"ve, the Finan￿ Manager and the Treasurer, in liaison with other
staff and the senior leadership team. Reports are prepared for meetings of the Senior Leadership
Team and the Executive Committee. The CEO has operational responsibility to ensure the
strategy agreed by the Executive Committee is carried out.
Provision of infomiatlon to the Independent Examiner
Each of the persons who were directors at the time when this report was approved has confirmed
that..
so far as that director is aware, there is no re￿vant audit infomation of which the charitable
ompany's Independent Examiners are unaware"
the director has taken all the steps that ought to have been taken as a director in order to
be aware of any inform*ion needed by the charitable company's Independent Examiner in
Connection with preparing ils report and to establish that the charitable Company's
Independent Examiners are aware of that infomlation.
Income during 2022
Total income during 2022 was £807.314 compared vAth £756,196 in 2021.
One of the sources of income for the Association is subscriptions paid by members. In 2022. this
amounted to £70.004 compared to £84.896 in 2021.
Expendlture durlng 2022
Total expenditure during 2022 was £649.610 compared with £608.819 in 2021.
All truslees give of their time freety arKI no trustee remuneration was paid in the year. Details of
Irustee expenses and related party transactions are disclosed in notes 18 artd 14 to the accounts.
Trustees are required to disclose all relevant interests and regtstw them with the Chair ofTrustees
and in accordance with the PSA'S wlicy withdraw from decisions where a corfflict of interest
arises.
Reserves Pollcy
The Charitvs Reserves Policy and the level of reserves are reviewed each year having regard
to the Chartty Commission publicats'on CC19. 'Charity Re5erves.' Building Resilien￿, (January
2016), and a forecast of income and expenditure is prepared for the following year.
The reserves policy Sin￿ March 2021 is. For so long as the Association shall own a property
the market value of whith is no less than £1.4M. Ihe amount held in bank and any other
accounts shall be no less than £600K or 50Qkn of total planned expenditure for the financial year
in question, whichever is the greater.
15-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR TO 31 DECEMBER 2022
And while £600K is retained as reserves, from 2023 £206K of this is earrnarked for four
designated funds=
Infrastructure lund {£70K) to cover capital and other infrastructure expenditure such as
building maintenance. web site development and IT assets
Diverse voices fund {£30K) which supports the Association's efforts to further equalty.
diversity and inclusion in our disupline
SAGE Publishing sponsorship of the PSA'S annual conference and other association
evenls {£36K)
Strategic Developments fund to support the development and delivery of the PSA'S
r)ew strategy arKI programmes (£70k).
This also means that £394K of the total cash reserves remains unrestncted.
These funds will be reviewed by the Executrve Comrnittee in 2024. As the total overall reserves
is greater than the values set out in the reserves policy, the trustee5 (follcrwing a review of long-
tem finances) will also pay-off a proportion of the mortgage on our Camden Offices in 2023.
Financial Assessment
Current Position and Plans for the Future: The figures demonstrate that the Association is in a
strong finanaal position with guaranteed income and predictable expendrture in the short to
medium lemi. There is a clear commitment to the diversification of income and an expansion in
membership. We also fa￿ the unknown impact of the currently proposed changes in relation to
academic publication practi￿$ arKI the growth of open access. The As%xiation will continue to
engage pro-actively with these developments ar)d to seek to Influen￿ the wider landsGape in
order lo protect our core mission and our members, interests.
Professor Roger Awan-scully
Chalr. Political Studies Association
Date: 4April 2023
Michelle Doyle Wildman
Chiel Executive, Political Studies Association
Date; 4 April 2023
16-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR TO 31 DECEMBER 2022
Statement of Trustees, Responsibilities
The trustees (who are also directors of The Political Studies Ass¢xiation of the United Kingdom
for the purposes of company law) are responsible for preparing the Trustees, Annual Report and
the financial ststements in accordan￿ with applicable law and Unrted Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year, which
give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources. including the income and expenditure, of the charitable
company for that pericNJ. In preparing these financial statements. the trustees are required to..
select sulta￿e accountin9 policies and then apply them consistently;
observe the methods and princtples in the Charities SORP 2015 (FRS 102)"
make judgements and estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial statements,.
prepare the financial statements on the going concem basis unless rt is inappropriate to
presume that the charitable company will continue in oper*ion.
The trustees are respon%ble for keeping adequate accounting records that dBclose with
reasonable accuracy at any time the financial posrtion of the charitable company and enable thern
to ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware..
there is no relevant audit information of which the charitable company's Independent
Examiners are unaware., and
the trustees have taken all steps that they ought to have taken to make themselves aware
of any relevant audit inforrnation armj to establish that the charitable company's Independent
Examiners are aware of that infomiats'on.
The trustees are resF)onsible for the maintenance and integrtty of the corporate and financial
information included on the charttable company's website. Legislation in the United Kingdom
governing the preparation and dissemination of financial slatements may differ from legislation in
other jurisdictions.
17

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR TO 31 DECEMBER 2022
Signed on behalf of the trustees:
Professor Roger AwanScully
Chair, Political Studies Association
Approved by the trustees on 10 March 2023.
18-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
INDEPENDENT EXAMINATION REPORT TO THE TRUSTEES
FOR THE YEAR TO 31 DECEMBER 2022
I report to the chanty trustees on my examination of the accounts of the company for the year
ended 31 DeCem￿r 2022 which are set out on pages 21 to 33.
Responslbllitles and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law)
you are responsible for the preparation of the accounts in accordance with the requirements of
the Companies Act 2W61'the 2006 Acr).
Having satisfied mysew that the accounts of the company are not required to be audlted under
Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my
examination of your company's accounts as carried out under sedion 145 of the Charities Act
2011 {'the 2011 Act'l. In carrying out my examinalion I have followed the Directions given by the
Charity Commission under section 145(5) {b) ofthe 2011 Act.
Independent examiner's statement
I have completed my examinalion. I confirm that no matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accountmg records were not kept in respect of the company as required by sects.on 386
of the 2006 Act.. or
the accounts do not accord with those records.. or
the accounts do not comply wth the accounting requirements of section 396 of the 2006
Act other than any requirement that the accounts give a Irue and fair view, which is not a
matter considered as part of an indepermlent examination,. or
the accounts have not been prepared in accordance wrth the methods and principles of
the Ststemenl of Recommended Practice for accounting arKI reporting by charities
applicable to chariti.es preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concern5 and have come across no other matters in connection with the examination
lo which attention should be drawn in this report in order to enable a proper understanding of
the accounts to be reached.
Roger Merchanl Bsc FCA
for and on behalf of
UHY Hacker Young
14 Park Row
Noltingham
NGI 6GR
Date:
27 April 2023
19-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND
EXPENDITURE ACCOUNT) FOR THE YEAR TO 31 DECEMBER 2022
Unrestricted
funds
2022
Unrestricted
funds
2021
Note
Income and Expenditure
Income:
Charitable activrties
Inveslment income
800.477
6.837
754,183
2,013
Total
807.314
756,196
Expenfliture:
Charitable activities
649.610
608,819
Total
649,610
608,819
Net In¢omel(expendltUfe) and net movements
In funds for the year
157,704
147.377
Reconciliation of funds:
Total funds brought forward at 1 January
2,241,227
2,093,850
Total funds carried forward at 31 December
2.398.931
2.241.227
All income and experKliture derive from continuing activrties. The charity has no recognised gains
or losses other than the net movement in funds for the year.
All income and expenditure arising in the year ended 31 Oecember 2022 relates to unrestricted
funds.
-20-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
BALANCE SHEET
FOR THE YEAR TO 31 DECEMBER 2022
2022
2021
Note
Flxed Assets
Tangible assets
1,669.838
1,696,413
Current assets
Debtors
Cash at bank
47.678
1,303,165
103,076
1.098.254
Total current assets
1.350.843
1.201.330
Creditors
Amounts falling due within one year
(90,093)
{99,327)
Net current assets
1.260.750
1, 102,C(13
Total assets less current liabilities
2.930.588
2,798,416
Credltors: amounts falling due after more
than one year
11
(531.657)
(557.189)
Net assets
2.398.931
2,241,227
Funds
Unrestricted Funds
12
2,398,931
2,241.227
Total funds
2.398.931
2,241,227
-21

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
BALANCE SHEET
FOR THE YEAR TO 31 DECEMBER 2022
For the year ended 31 December 2022. the tharttable company was enb'tled to audrt exemption
from an audit under section 477 of the Companies Act 2006.
No members have required the company to obtain an audit of its accounts for the year in question
in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for comptying With the requirements of the Act with
respect to accounting records and preparation of the accounts.
These acct)unts have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime.
The financial statements were approved by the trustees and Executive Committee on 10 March
2023 and were signed on their behalf by..
Professor Roger Awan-scully
Chair. Political Studies Associatlon
Company registration number: 03628986
The notes on page 24 to 32 fomi part of these financial statements

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
STATEMENT OF CASH FLOWS
FOR THE YEAR TO 31 DECEMBER 2022
2022
2021
Cash flow from operating activities
15
223.259
185.470
Net cash flow from operating activities
223.259
185.470
Cash flow from Investlng actlvitles
Interest received
Purchase of fixed assets
6.837
(7081
2.013
(4,125)
Net cash flow from Investlng actlvities
6.129
{2.112)
Cash flow from financing activitles
Loan repaid
(24,477)
(23,466)
Net cash flow from financing adivitses
(24.477)
(23.466)
Net Increasel (decrease) In cash and cash
equivalents
204,911
159,892
Cash and cash equivalents at 1 January
1.098.254
938.362
Cash and cash equlvalents at 31 December
1.303.165
1.098.254
-23-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
Accountlng policies
The following accounting policies have been applted consistently in dealing with items which are
considered material in relation to the charity's finanaal ststements.
Basis of preparation
The charity constitutes a public benefft entity as defined by FRS 102. The financial statements
have been prepared under the historical cost convention and in accordance with A¢￿UntIng and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing
their accounts in accordance wth the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) published in October 2019 affecting reporting periods beginning on
or after 1 January 2019, the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland IFRS 102). Ihe Charities Act 2011, the Companies Act 2006 and UK Generally
Accepted Accounting Practice as rt applies from 1 January 2015.
The TTUStees consider that there are no material uncertainties about the Charity's ability to continue
as a going cOn￿rn.
The finanaal statements are presented in steding which is the functlonal currency of the charty.
The S￿nIfICant accounting policies applied in the presentatTron of these financial statements are set out
below.
Income
The princrple sources of income are as disdosed in the Statemerrt of Financial Activities. All income is
accounted for on a receivable basis. Membership subscriptions received in advance are initially
accounted for as deferred income and transferred to revenue by equal annual instalments over the
period covered by the subscriptions.
Expenditure
Expenditure is recognised once there is a legal or constructive obli9ation to make a payment to a third
party, it is probable that setuement will be required and the amount of the obligation can be measured
reliably.
Charitable activities indude expendiiure diredy ￿lating to the objects of the charity and those relating
to the general running of the charty, including strategic plannirvj processes that contribute to future
development.
Irrecoverable VAT is charged against the *ory of expense for which rt was incurred.
-24-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
Tangible fixed assets and depreciation
Tangible r￿ed assets costing more than £1,000. Éncluding major comwter software applications. are
capitalised and induded at cost. Depreciation is provided on all tangible fixed assels at rates
calculated to write off the cost less esb'mated residual value over their expected useful lives as follows..
Long leasehold property
Fixtures and frttings
Website development
1%
5%
10%
Funds
All income is available forthe Irustees to use for any purpose in furtheran￿ of the charitable objectives.
No restricted fvnds are centrally held.
Taxation
Political Studies Association of the United KirvJdom is considered to pass the tesls set out in Paragraph
1 Schedule 6 Finance Acl 2010 and therefofe it meets the definrtion of a charitable company for UK
corporation tax purposes.
The charity is exempt from tsx on income and gains falling within section 505 of the Taxes Act 1988
or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its
charitable objects.
Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership
remain wrth the lessor are charged to the statement of financial activrties on a straight line basis over
the period of the lease.
Liabilities
Liabilities are recognized when there is an obligation at the balance sheet date as a result of a past
event. it is probable that a transfer of economic benefrt will be required in settlement. and the amount
of the setllement can be estimated can be estimated reliabty. Liabilities are recognised at the amount
that the charty anticipates rt will pay to settle the debt or the *nount li has recet¥ed as advanced
payments for the goods of seN1￿5 it rnust provide.
Pensions
The charity is a member of a defined contribution pension scheme arKI the pension charge represents
the amounts payable by the ccAnpany to the fund in respect of the year.
Legal Status of the Charlty
The charity is a company limited by guarantee arKI has no share capttal. The liability of each member
in the event of winding up is limited to £10.
-25-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
Charitable activities
2022
2021
Membership subscriptions
Income from Sage Publications
Annual Conferen￿ gross income
Conference exhibition income
Support for events and conferences
Parliamentary intemships
Advertising
Specialist group income
Room hire
Donations
Sponsorship income
ReSea￿h & Innov Access Fund
70.004
593,154
79,911
4.150
37.764
4,000
84,896
570,767
40,010
2,250
36,000
6,000
1,425
1,898
735
202
10,000
795
6.135
Total- income from charitable activlties
800,477
754,183
Investrnent Income
2022
2021
Bank interest re￿iVed
6,837
2.013
CharlLible actlvities
2022
2021
Staff costs
National Office
International and extemal relations
Finance and resources
Irrecoverable VAT
294.922
88.568
3.085
8.287
13.035
316,678
99,896
2,079
12,854
8.110
k li
Governance
Membership servi￿$
Conferences and events
Awards and prizes
Communication and engagement
Education and skills
Research and impact
Publications
5.742
513
102.490
510
2.150
669
21.224
108.415
5,184
494
32,727
300
2,727
100
21,450
106,220
Total- expenditure for charitable activities
649,610
608.819
-26-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
Charltable activitles (continued)
All support costs are considered to be charitable activities on the basts that the Association is
membership body.
Net income for the year
Net income is stated after charging..
2022
2021
Independent examinerfs remuneration:
Audil fees
Independent examination fees
7,850
3.600
Tangible fixed assets .
Long
leasehold
buildings
Fixtures
and
ffftings
Webslte
development
Total
Cost
At 1 January 2022
Additions
1.454,737
2fXI,189
127,212
1.782,138
1,151
At 31 December 2022
1.454.737
200.897
127.212
1.782,846
Depreciation
At 1 January 2022
Charge for the Period
15.915
4,547
34.888
10,015
34.922
12.721
85.725
27.283
At 31 December 2022
20.462
47,643
113.008
Net book value
At 31 December 2022
1.434.275
155.994
79.569
1.669,838
At 31 December 2021
1.438.822
165.301
92,290
1.696,413
-27-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
Debtors
2022
2021
Debtots due within one year.
Trade debtors
Other debtors and prepayments
Accrued income
2.000
19.524
26.154
14.128
88.768
Tolal - debtors
47,678
103,076
Creditors: amounts falling due within one year
2022
2021
Trade credito
Accruals
Social security and other taxes
Deferred income (note 10)
Bank loan
1.018
31,887
2,399
14.664
6,808
50.979
24,477
31.656
25.532
Total- creditors: amounts falllng due within one year
90,093
99.327
The loan is a fixed rate loan secured on the propety whith has a carrying value of £1,434.275
(2021. £1.438,822)
The loan is wth The Bank of Scotland and £557.189 remains outstanding al 31 December 2022
(2021.. £581,666). The loan became repayable during 2018 and will continue to do so until 7 June
2038. The interest rate on the loan is fixed at 4.37% until 6 June 2028.
-28-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
10 Deferred income
2022
2021
Opening balance
Movement in the year
Deferred in the year
50.979
150.9791
31.656
56.551
{56,5511
50.979
Totsl - deferred income
31,656
50,979
Deferred income relates to income receNed tn advan￿ for membership. conference exhibition
fees and the Sage Diverse Voices scholarship.
11 Creditors: amount falling due in more than one year
2022
2021
Bank loan (falling due in less than 5 years)
8ank loan (falling due after 5 years)
113.620
418.037
108.925
448.264
Total - creditors: amounts falling due more than one year
531,657
557,189
12 Statement of Funds
2022
2021
Unrestricted fun(ts
At 1 January
2,241,227
2,093,850
Net income for the year
157.704
147,377
At 31 December
2.398,931
2.241,227
Included wthin Unrestricted funds were the foll0v￿ng deswJnated funds:
Infrastructure fund (£70,000) to cover rapitsl and other infrastructure expenditure
such as building maintenance. web site development and IT assets
Diverse voices fund1£30,000) which supports the Associab'on's efforts to further
equality, dIVer￿ty and inclusion in our discipline
SAGE Publishing sponsorship of the PSA'S annual conference and other association
digital and in-person events (£36.000).
-29-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
13 Staff costs
2022
2021
Wages and salaries
Employers Nl
Pension
Recruitment and training
Other staff costs
244.734
26.223
23.881
270,405
18,328
24,138
1.519
2.288
Total- staff costs
294.922
316.678
2022
2021
The average number of empk)yees dLring the year was 7 (2021:
8). Employees with emoluments above £60.orx) are as follows..
£70.000 - £80.000
£80.000 - £90.000
Pension contributions a￿ paid to defined ￿ntribUtIOn pension xhemes on behalf of employees.
The pension costs charge represents'ng contributions payable by the charity during the year
amounted to £23.881 12021.. £24.138).
The key management personnd comprise two employees. The total employee benefits of key
management were £135,148 {2021'. £129.821). including pension contributions.
14 Trustees. expendlture
2022
2021
10 {2021'. 12) of the chanty's trustees were reimbursed for,travel
expenses incurred in carryin9 oul their duties as follows..
SLT & EC Meetings
Travel
129
4.383
225
Total- trustees, expenditure
4,512
225
No remuneration was payable to the charity's trustees during the year (2021.. nil).
30-

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
15 Reconclllation of net income to net cash flow from operating activities
2022
2021
Net income for the year
Depreciation charges
Interest receivable
(Increase) I decrease in debtors
Increase l (decrease) in creditors
157,704
27,283
(6.837)
55.398
(10.289)
147.377
27.208
{2.013)
21.108
18.210)
Net cash flow from operating activities
223.259
185,470
16 Analysls of cash and cash equlvalents
2022
2021
Cash in hand
Notice deposits (less than 3 months)
39,360
1,263,805
34.686
1,063,568
Net cash flow from operating activities
1.303,165
1,098.254
31

THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO 31 DECEMBER 2022
17 Analysls of changes in net debt
At1
January
2022
Cash
flows
Other
non<ash
changes
At31
December
2022
Cash and cash equivalents
1,098.254
204.911
1.303,165
1.098.254
204.911
1.303.165
Loans falling due within one year
Loans falling due after more than
one year
(24.47n
24.477
(25,532}
(25,532)
(557.189)
25.532
(531.657)
Total
516.588
229.388
745.976
18 Related Party Transactions
The paymenl of trustees. expenses has been disclosed in note 14.
32-