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|PRESIDENT|John Agnew (from November
2020)||||||||
|---|---|---|---|---|---|---|---|---|
||Ron Martin
(until November
2020)||||||||
|VICE PRESIDENTS|Clelio Campolina||||||||
||Lu Dadao||||||||
||Flavia Martinelli||||||||
||Allen Scott||||||||
|TRUSTEES|||||||||
|Jessie Poon|Board Chair (from 11November
2020);Chair,|||Member||Services; Chair, International||Group|
|John Bachtler|Vice-Chair,
EU/ Regional
Policy||||||||
|David Bailey|Editor
in Chief, Regional studies||||||||
|Andrew
Beer|Vice Chair Publications
(until November|2020)|||||||
|Ron Boschma|Vice-Chair, Research; Chair, Research Committee||||||||
|Mia Gray|Vice-Chair, Communication
ik Public Engagement;||||Prizes and||Awards; Company Secretary||
|Rachel Franklin|Diversity
and inclusivity
Chair (from November|||2020)|||||
|John Harrison|Conferences
and Events Coordinator
(from November|||||2020)|||
|Simon a lamma rino|Vice-Chair and Chair Publications
Committee|||(from|November||2020)||
|Dieter Kogler|Conferences
and Events (until November|2020)|||||||
|Neil Lee|Policy Committee
Chair||||||||
|Olga Mrinska|Treasurer||||||||
|Mark Tewdwr Jones|Chair (until November
2020)||||||||
|CO-OPTEES|||||||||
|Josh Barrett|Slog editor (until November
2020)||||||||
|Alex de Ruyter|Brexit advisor to the Board (until November||2020)||||||
|Klaus Dodds|Editor, Territory,
Politics, Governance||||||||
|Paul Elhorst|Editor in Chief, Spatial Economic Analysis||||||||
|Stefania Fiorentino|Editor, Regions (from November
2020)||||||||
|Joan Fitzgerald|Editor-in-Chief,
Regions and Cities Book|Series|||||||
|Stephen
Hincks|Editor, Regional Studies, Regional Science||||||||
|Weidong
Liu|Member,
China||||||||
|Brady Reid|Blog editor (from March 2021)||||||||
|Julie Tian Miao|Editor, Regions (until November
2020)||||||||
|Phil Tomlinson|Editor ofthe RSA Policy Impact books||||||||
|OBSERVERS|||||||||
|Frances
Brill|Early Career Representative||||||||
|Tanya Chandra|Student Representative
(from January 2021)||||||||
|Mick Dunford|Area, Development
and Policy representative|||observer||(from|January 2021)||
|Vanessa Guerra|Student Representative
(until November|2020)|||||||
|Michael Taster|RSA funded
PhD student
(until November|2020)|||||||
|Fulong Wu|Editorial Advisory
Board, Area, Development||and Policy||||||
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|i.|RSA Ambassadors|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|The Association
works hard to appoint||effective Ambassadors|||across the globe. Ambassador|||posts|are not exclusive sothere may|||
|be more|than one for a given territory,|particularly||in larger|territories.|The|RSA has Ambassadors||in the following||countries:|
|~|Albania|~|Egypt|||~|Latvia||~||Russian|
|~|Argentina|~|Estonia|||~|Lithuania||||Federation|
|~|Australia|~|Finland|||~|Luxemburg||~|Singapore||
|~|Austria|~|France|||~|Mexico||~|Slovakia||
|~|Belgium|~|Germany|||~|Netherlands||~|Slovenia||
|~|Brazil|~|Greece|||~|New Zealand||~|South Africa||
|~|Canada|~|Hungary|||~|Nigeria||~||Sweden|
|~|Chile|~|Iceland|||~|North||~||Switzerland|
|~|China|~|India||||Macedonia||~||ukraine|
|~|Colombia|~|Indonesia|||~|Nol way||~||usA|
|~|Croatia|~|Ireland|||~|Poland|||||
|~|Czech Republic|~|Italy|||~|Portugal|||||
|~|Denmark|~|Japan|||~|Romania|||||
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|||||||||||||Total Funds|Unrestricted
Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||(unrestricted
except donations)|
|||||||||||||2020|2019|
||||||||||||Notes||E|
|INCOME AND ENDOWMENTS
FROM:||||||||||||||
|Donations|(unrestnctedl|||||||||||||
|||||Local Authority||||grant||||25,000||
|||||Other||||||||533|344|
|Charitable|Activities|||||||||||||
|||||Members'|5ubscriptions|||||||101,201|94,954|
|||||Conference||Income||||||440|259,608|
|||||Regional Studies Journals||||||||679,793|677,136|
|Other Trading Activities||||||||||||||
|||||Miscellaneous||||Income||||1,099|130|
|||||Recharges|to||RSA||Europe|||33,484|6,365|
|||||Web Hosting|||Income|||||3,600|3,600|
|Other income||||||||||||||
|||||Investments||||||||889|1,602|
|||||CJRS income||||||||15,210||
|TOTA L INCOME||||||||||||861,249|1,043,739|
|EXPENDITURE||ON:||||||||||||
|Charitable|Activities:|||||||||||||
|||||Membership|||Costs|||||71,172|133,829|
|||||Conference/Events|||||Costs|||345,749|405,207|
|||||Journal Costs||||||||102,594|118,044|
|||||Research|gr|Grant|||Activities|||115,385|208,108|
|||||Other Publication|||||Costs|||31,339|41,882|
|||||Knowledge||Transfer/Community||||Buildmg||63,832|71,915|
|TOTAL EXPENDITURE||||||||||||730,071|978,985|
|Net Gains|on Investments|||||||||||139,616|351,440|
|NET INCOME/(EXPENDITURE)
FOR|||||THE||YEAR|||||270,794|416,194|
|NET MOVEMENT|||IN FUNDS|||||||||270,794|416,194|
|Reconciliation||of|Funds:|||||||||||
|Total Funds Brought Forward||||||||||||3,160,891|2,744,697|
|TOTAL FUNDS||CARRIED||FORWARD||||||||3,431,685|3,160,891|
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Notes||E|E|
|FIXEDASSETS||||||||
|Tangible Assets||||||6,206|16,324|
|Investments||||||3,201,504|3,062,700|
|||||||3,207,710|3,079,024|
|CURRENT ASSETS||||||||
|Debtors||||||128,992|143,260|
|Cash at Bank||||||584,924|395,115|
|||||||713,916|538,375|
|CURRENT LIABILITIES||||||||
|Creditors: Amounts|Falling Due Within||One Year||9a|(401,888)|(374,337)|
|NET CURRENT||||||||
|ASSETS/LIABILITIES||||||312,028|164,038|
|Creditors: Amounts|Falling Due After One Year||||9c|(88,053)|(82,171)|
|TOTAL NET ASSETS||||||3,431,685|3,160,891|
|Represented
By:||||||||
|Unrestricted
General||Fund|||12|3,431,685|3,160,891|
|The financial statements||on pages 36to|52were approved||by the Board|||
|And authorised
for issue on the 29June|||2021 and|signed on its behalf by:||||
##
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||||Notes|f|f|
|Cashflows from operating
activities:||||||||
|Net cash provided
by operating
activities||||||188,998|10,660|
|Cashflows
from investing
activities:||||||||
|Purchase of plant and equipment|||||||(2,930)|
|Cash Movements
from investing
activities||||||811||
|Net cash provided
by (used in) investing|activities|||||189,809|(2,930)|
|Change
in cash and cash equivalents
in the reporting|||period|||189,809|7,730|
|Cash and cash equivalents
at the beginning|ofthe reporting|||period|b|395,115|387,385|
|Cash and cash equivalents
at the end ofthe||reporting|period||b|584,924|395,115|
|a Reconciliation
ofnet income (expenditure)||to net|cashflow from operating|||activities||
|Net incomesl(expendituref
for the reporting||period (as||||||
|per the statement offinancial activities)||||||270,794|416,194|
|Adjustments
for:||||||||
|Depreciation
charges||||||10,118|11,352|
|(Gains)/losses
on investments||||||(139,616)|(351,482)|
|Decrease in debtors||||||14,270|11,380|
|Increase/(Decrease)in
creditors||||||33,432|(76,784)|
|Net cash provided
by (used in) operating|activities|||||188,998|10,660|
|b Analysis ofcash and cash equivalents||||||||
|Cash in hand||||||584,924|395,115|
|Total cash and cash equivalents||||||584,924|395,115|
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||2020|2019|
|---|---|---|
||f|f|
|This isstated after charging:|||
|Depreciation|||
|-Tangible
Fixed Assets|~1011|11352|
|Auditor's
remuneration|||
|-As Auditor|15000|~144 4|
||||||||Ch
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|3.Governance|Costs|||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||f|E|
|Meetings||||||2,718|32,838|
|Audit Fees||||||15000|14494|
|||||||17718|~47 332|
|4.Government|grants|||||||
|||||||2020|2019|
|||||||5|E|
|CJRS claim from HMRC related for||||furlough|ofstaff due to Covid 19|15,210||
|Discretionary|local authority||grant|for charities affected by Covid 19||25,000||
|There are no unfulfilled||conditions||relating|to these grants|||
|5.Tangible
Fixed Assets||||||||
||||||Computer|Office||
||||||Quipment|Furniture|Total|
|||||||F|E|
|Cost||||||||
|At 01 January|2020||||130,451|3,990|134,441|
|Addit iona||||||||
|At 31 December 2020|||||130,451|3,990|134,441|
|Accumulated|Depreciation|||||||
|At 01 January|2020||||114,127|3,990|118,117|
|Charge for theyear|||||10,118||10,118|
|At 31 December 2020|||||124,245|3,990|128,235|
|Net BookValue||||||||
|Brought forward at 31||December||2020|6,206||6,206|
|Carried forwa d at 31||December||2019|16,324||16,324|
##
||||2020|2019|
|---|---|---|---|---|
||||f|f|
|Salaries|and|Wages|334,973|317,416|
|Employer's||Nl Contributions|33,035|31,555|
|Pension|shortfall
provision||8,806|(26,710)|
|Pensions|Contributions||~50825|44 343|
||||4~27 63|366604|
|2020|2019|
|---|---|
|Number|Number|
|2020|2019|
|---|---|
|Number|Number|
|The number|ofem|ployees
during the year was 7 made up as|follows:||
|---|---|---|---|---|
||||2020|2019|
||||Number|Number|
|Management|and|Administration|||
|Support|||||
##
##
|8.Debtors||||
|---|---|---|---|
|||2020|2019|
|||f|6|
|Trade Debtors||111,650|124,017|
|Prepayments|and accrued income|~17 342|~19243|
|||128922|143260|
##
##
|||||2020|2019|
|---|---|---|---|---|---|
|||||f|f|
|Trade Creditors||||1,903|1,748|
|Other Creditors||||276,400|282,807|
|Taxation|and Social Security|||26,260|17,251|
|Accruals||||35,649|14,422|
|Pension|shortfall|provision|(less than one year)|7,298|4,374|
|Deferred|Income|||54 378|~53735|
|||||~401888|374337|
##
||||2020|2019|
|---|---|---|---|---|
||||f|f|
|Brought forward at 1January 2020|||53,735|69,178|
|Released during the year|||(53,735)|(69,178)|
|Deferred during the year|||54,378|53,735|
|Carried forward at 31December 2020|||54378|53735|
|Deferred income relates to membership|subscriptions|relating to future years.|||
##
||||2020|2019|
|---|---|---|---|---|
||||f|f|
|Pension|Shortfall|Provision|88,053|82,171|
||||SS053|~2171|
##
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##
##
||1"January 2020
f|Income and Gains
f|Expenditure
f|31"December 2020
f|
|---|---|---|---|---|
|General
Fund|~3160891|1,000,865|730,071|3,431,685|
|Total Funds|3,160,891|1,000,865|730,071|3,431,685|
||1nJanuary 2019|Income and Gains|Expenditure|31n December 2019|
||f|f|f|f|
|General
Fund|~2744 697|1,394,835|978,641|3,160,891|
|Restricted
Fund||344|344||
|Total Funds|2,744,697|1,395,179|978,985|3,160,891|
##
##
##
|Charitable
commitments
accrued||
|---|---|
|Grant commitments
recognised
at the start ofthe year|256,539|
|New grant commitments
charged to the SoFA in year|28,000|
|Grants paid in the year (Net ofwrite-offs)|(~26990|
|Grant commitments
recognised
at the end ofthe year|257p549|
##
||||||2020|2019|
|---|---|---|---|---|---|---|
||||||E|E|
|Grant made to the Regional Studies European||Foundation|||34,535|42,264|
|Donation|in kind made to the Regional Studies|European||Foundation|0|4,773|
|Costs recharged to the Regional Studies European|||Foundation||33,484|6,366|
|Amounts|due from the Regional Studies European||Foundation||13,499|6,366|
##
##
##
||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||National
Savings
Bank Investment|A/C|||||0|810|
|0207|Kames Ethical Equity Fund||||||68,213|68,781|
|0220|Ecclesiastical
Amity Sterling Bond|2011|||||97,279|91,546|
|0226|Franklin
UK Mid Cap 2012||||||61,751|71,958|
|0232|Standard
Life inv UK Ethi ca I Acc 2013||||||64,779|70,713|
|0241|Bai Hie Gifford
High Yield Bond Fund||2015||||94,387|91,720|
|0242|Henderson
UK Property 2015||||||0|0|
|0246|Henderson
Global Care Growth||||||81,805|61,519|
|0247|Henderson
UK Absolute
Return||||||94,024|91,797|
|0248|Jupiter Ecology||||||114,179|93,848|
|0249|Premier Defensive Growth||||||55,203|80,199|
|0250|Royal London Sustainable
Leaders|Trust|||||97,596|94,509|
|0253|SLI UK Rea
I Estate Feeder Institutions|I|UK||||114,566|118,985|
|0256|Roya
I London Sustainable
Diversified||Trust||||104,083|91,802|
|0257|Royal London Sustainable
World Trust||||||110,053|91,550|
|0258|Invesco Global Targeted
returns||||||119,201|120,856|
|0259|Royal London Corporate
bond||||||129,662|120,018|
|0260|SLI global real estate P1 fund acc||||||85,012|89,968|
|0261|SLI Ethical Corporate
bond Plat1||||||128,398|118,881|
|0262|BMQ Responsible
global equity 2||||||74,553|61,707|
|0263|Liontrust
sustainable
future corporate|||bond|||103,672|122,569|
|0264|Liontrust
sustainable
future
uk growth|||fund|class 2||131,526|66,346|
|0265|Liontrust
sustainable
future defensive|||managed||fund|69,886|93,060|
|0266|Royal london sustainable
managed||growth trust||||100,141|90,580|
|0267|Mi& global select fund||||||67,297|61,213|
|0268|BMO Responsible
uk income||||||59,310|65,571|
|0269|Rathbone
ethical bond inst ac||||||133,219|122,157|
|0270|Insight
inflation
linked corporate share||||||94,173|89,893|
|0271|Kames property
income feeder||||||106,893|119,624|
|0272|Kames ethical corporate
bond b||||||128,428|119,050|
|0273|royal london sustainable
managed||income||||128,950|119,253|
|0274|royal london ethical bond fund||||||129,006|119,773|
|0275|Stewart
investors
Worldwide
Suet||||||70,595|58,413|
|0276|artemis
global growth
fund class||||||63,913|62,746|
|0277|Commercial
Long income feeder|trust||class|1 net acc||119,754|121,283|
||||||||3201504|3062 700|