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2025-12-31-accounts
25 June 2026
|
|
|
|
TotalFunds |
TotalFunds |
|
|
|
|
2025 |
2024 |
|
Notes |
|
|
£ |
£ |
| INCOMEANDENDOWMENTSFROM: |
|
|
|
|
|
| CharitableActivities |
|
1 |
|
1,327,947 |
1,270,837 |
| OtherTradingActivities |
|
4 |
|
13,900 |
18,339 |
| Investments |
|
|
|
92,637 |
101,040 |
| TOTALINCOME |
|
|
|
1,434,484 |
1,390,216 |
| EXPENDITUREON: |
|
|
|
|
|
| Raisingfunds—investmentmanagementcosts: |
|
|
|
44,260 |
26,804 |
| CharitableActivities |
|
|
3 |
1,271,284 |
1,048,866 |
| TOTALEXPENDITURE |
|
|
|
1,315,544 |
1,075,670 |
| NetGainsonInvestments |
|
|
9 |
152,339 |
177,073 |
| NETINCOMEFORTHEYEAR |
|
|
2 |
271,279 |
491,619 |
| NETMOVEMENTINFUNDS |
|
|
|
271,279 |
491,619 |
| ReconciliationofFunds: |
|
|
|
|
|
| TotalFundsBroughtForward |
|
|
|
4,709,141 |
4,217,522 |
| TOTALFUNDSCARRIEDFORWARD |
|
|
|
4,980,420 |
4,709,141 |
|
|
2025 |
2024 |
|
Notes |
£ |
£ |
| FIXEDASSETS |
|
|
|
| TangibleAssets |
8 |
58,928 |
88,366 |
| Investments |
9 |
4,122,461 |
3,940,122 |
|
|
4,181,389 |
4,028,488 |
| CURRENTASSETS |
|
|
|
| Debtors |
10 |
205,374 |
173,092 |
| CashatBank |
|
1,021,651 |
844,316 |
|
|
1,227,025 |
1,017,408 |
| CURRENTLIABILITIES |
|
|
|
| Creditors:AmountsFallingDueWithinOneYear |
ila |
427,994 |
336,755 |
| NETCURRENTASSETS |
|
799,031 |
680,653 |
| TOTALNETASSETS |
|
4,980,420 |
4,709,141 |
| RepresentedBy: |
|
|
|
| UnrestrictedGeneralFund |
13 |
4,980,420 |
4,709,141 |
|
|
2025 |
2024 |
|
|
Notes |
£ |
£ |
|
| Cashflowsfromoperatingactivities: |
|
|
|
|
| Netcashprovidedbyoperatingactivities |
a |
141,075 |
91,589 |
|
| Netcashprovidedby(usedin)investingactivities |
|
36,260 |
(232,180) |
|
| Changeincashandcashequivalentsinthereportingperiod |
|
177,335 |
(140,591) |
|
| Cashandcashequivalentsatthebeginningofthereportingperiod |
=b |
844,316 |
984,907 |
|
| Cashandcashequivalentsattheendofthereportingperiod |
b |
1,021,651 |
844,316 |
|
| aReconciliationofnetincome/(expenditure)tonetcashflowfromoperatingactivities |
|
|
|
|
| Netincome/(expenditure)forthereportingperiod(as |
|
|
|
|
| perthestatementoffinancialactivities) |
|
271,279 |
|
491,619 |
| Adjustmentsfor: |
|
|
|
|
| Depreciationcharges |
|
37,438 |
|
14,606 |
| Dividendsandinterestreceived |
|
(74,260) |
|
(101,040) |
| Unrealised(gains)/lossoninvestments |
|
(152,339) |
|
(177,073) |
| Decrease/(Increase)indebtors |
|
(32,282) |
|
34,420 |
| (Decrease}/increaseincreditors |
|
91,239 |
|
(170,943) |
| Netcashprovidedby(usedin)operatingactivities |
|
141,075 |
|
91,589 |
| Cashflowfrominvestingactivities |
|
|
|
|
| Purchaseofinvestments |
|
(1,687,090) |
|
(6,646,996) |
| Proceedsfromsaleofinvestments |
|
1,657,090 |
|
6,395,030 |
| Dividendsandinterestreceived |
|
74,260 |
|
101,040 |
| Purchasefixedasset |
|
(8,000) |
|
(81,254) |
| NetCashflowfromInvestingactivities |
|
36,260 |
|
(232,180) |
| bAnalysisofcashandcashequivalents |
|
|
|
|
| Cashinhand |
|
1,021,652 |
844,316 |
|
| Totalcashandcashequivalents |
|
1,021,652
a |
844,316 |
|
| 31 |
|
|
|
|
|
2025 |
2024 |
|
£ |
£ |
| Members’Subscriptions |
106,580 |
109,557 |
| ConferenceIncome |
451,404 |
395,606 |
| RegionalStudiesJournals/publications |
769,963 |
765,674 |
|
1,327,947 |
1,270,837 |
|
2025 |
2024 |
|
£ |
£ |
| Thisisstatedaftercharging: |
|
|
| Depreciation |
|
|
| -TangibleFixedAssets |
37,438 |
14,606 |
| Auditor’sremuneration |
|
|
| -AsAuditor |
15,950 |
15,400 |
|
|
|
|
|
|
|
Totals2024 |
361,523 |
47,760 |
424,057 |
160,439 |
55,087 |
687,343 |
1,048,866 |
|
|
|
|
|
|
|
Totals2025 |
503,785 |
61,375 |
484,141 |
176,283 |
45,700 |
767,499 |
1,271,284 |
|
|
|
|
|
Other |
Publication |
costs |
|
|
|
11,403 |
2,957 |
49,648 |
49,648 |
|
|
|
|
|
Research& |
Grants |
Activities |
127,214 |
7,940 |
62,637 |
22,807 |
5,912 |
99,296 |
226,510 |
|
|
|
|
|
Journal |
|
Costs |
97,574 |
10,136 |
79,953 |
29,112 |
7,547 |
126,748 |
224,322 |
|
|
|
|
|
|
Conference& |
Eventscosts |
262,801 |
31,949 |
252,018 |
91,764 |
23,789 |
399,520 |
662,321 |
| 3.Expenditureoncharitableactivities |
|
|
|
|
|
Membership |
Costs |
DIRECTCOSTS
16,196 |
OFFICERUNNINGCOSTS
7,380 |
STAFFCOSTS
58,215 |
OTHERCOSTS
21,197 |
GOVERNANCECOSTS
5,495 |
SUPPORTCOSTS
92,287 |
TOTALS
108,483 |
|
2025 |
2024 |
|
£ |
£ |
| MiscellaneousIncome |
668 |
1,146 |
| RechargestoRSAEurope |
9,632 |
13,593 |
| WebHostingincome |
3,600 |
3,600 |
|
13,900 |
18,339 |
|
2025 |
2024 |
|
£ |
£ |
| Meetings |
29,650 |
39,687 |
| AuditFees |
16,050 |
15,400 |
|
45,700 |
55,087 |
|
2025 |
2024 |
|
£ |
£ |
| SalariesandWages |
335,385 |
318,518 |
| Employer’sNIContributions |
32,521 |
32,857 |
| Terminationcosts |
61,700 |
28,296 |
| PensionContributions |
37,066 |
40,672 |
|
466,672 |
420,343 |
|
2025 |
2024 |
| KeyManagementPersonnel |
1
i |
3 |
|
|
|
2025 |
2024 |
| £70,000 |
- |
£80,000 |
- |
1 |
£80,000
£140,000 |
-
|
£90,000
-£150,000 |
-
1 |
1
- |
| Theaveragenumberofemployeesduringtheyearwas8madeupasfollows: |
|
|
|
2025 |
2024 |
| ManagementandAdministration |
1 |
2 |
| Support |
Z |
4 |
|
8 |
& |
|
Computer |
|
Office |
|
|
|
|
Equipment |
|
Furniture |
|
Total |
|
|
£ |
|
£ |
|
£ |
|
| Cost |
|
|
|
|
|
|
| At01January2025 |
202,993 |
|
2,494 |
|
205,487 |
|
| Additions |
8,000 |
|
|
- |
8,000 |
|
| Disposals |
|
- |
|
|
|
- |
| At 31December2025 |
210,993 |
|
2,494 |
|
213,487 |
|
| AccumulatedDepreciation |
|
|
|
|
|
|
| At01January2025 |
114,627 |
|
2,494 |
|
117,121 |
|
| Chargefortheyear |
37,438 |
|
|
- |
37,438 |
|
| Disposals |
|
- |
|
|
|
- |
| At 31December2025 |
152,065 |
|
2,494 |
|
154,559 |
|
| NetBookValue |
|
|
|
|
|
|
| Carriedforwardat31December2025 |
58,928 |
|
|
- |
58,928 |
|
| Brought forward1January2025 |
88,366 |
|
|
- |
88,366 |
|
|
2025 |
2024 |
|
£ |
£ |
| TradeCreditors |
23,753 |
11,379 |
| OtherCreditors |
247,295 |
215,355 |
| TaxationandSocialSecurity |
10,407 |
26,085 |
| Accruals |
99,998 |
30,340 |
| DeferredIncome |
46,540 |
53,596 |
|
427,993 |
336,755 |
|
|
2025 |
2024 |
|
|
£ |
£ |
| Brought |
forwardat1January2025 |
53,596 |
55,083 |
|
Releasedduringtheyear |
(53,596) |
(55,083) |
|
Deferredduringtheyear |
46,540 |
53,596 |
| Carried |
forwardat31December2025 |
46,540 |
53,596 |
|
2025 |
2024 |
| Malescurrentlyaged65(years) |
23.8 |
23.7 |
| Femalescurrentlyaged65(years) |
25.5 |
25.4 |
| Malescurrentlyaged45(years) |
25.7 |
25.6 |
| Femalescurrentlyaged45(years) |
27.2 |
27.2 |
|
1°January2025 |
Income |
Gains/(losses) |
Expenditure |
31%tDecember2025 |
|
£ |
£ |
£ |
£ |
£ |
| GeneralFund |
4,709,141 |
1,434,484 |
152,339 |
1,315,544 |
4,980,420 |
| TotalFunds |
4,709,141 |
1,434,484 |
152,339 |
1,315,544 |
4,980,420 |
|
1*January2024 |
Income |
Gains/(losses) |
Expenditure |
31°tDecember2024 |
|
£ |
£ |
£ |
£ |
£ |
| GeneralFund |
4,217,522 |
1,390,216 |
177,073 |
1,075,670 |
4,709,141 |
| TotalFunds |
4,217,522 |
1,390,216 |
177,073 |
1,075,670 |
4,709,141 |
|
2025 |
2024 |
|
£ |
£ |
| Grantscommittedintheyear |
|
|
FeRSAGrants
(4,(2024:1)] |
7,500 |
7,500 |
MeRSAGrants
[2,(2024:1)] |
10,000 |
5,111 |
| EarlyCareerGrants[2,(2024:0)] |
20,000 |
- |
PolicyExpo
[3,(2024:2)] |
30,000 |
27,665 |
| Eventsupportschemesandtravelgrants |
2,560 |
2,193 |
| ResearchNetworks[4,(2024:4)] |
37,500 |
37,500 |
Startupgrants
(9)(2024:0) |
9,000 |
- |
|
116,560 |
79,969 |
| Charitablecommitmentsaccrued |
|
|
| Grantcommitmentsrecognisedatthestartoftheyear |
158,658 |
|
| NewgrantcommitmentschargedtotheSoFAinyear |
116,560 |
|
| Grantspaidintheyear(Netofwrite-offs) |
{80,540) |
|
| Grantcommitmentsrecognisedattheendoftheyear |
194,678 |
|
|
2025 |
2024 |
|
£ |
£ |
| GrantmadetotheRegionalStudiesEuropeanFoundation |
20,764 |
20,001 |
| CostsrechargedtotheRegionalStudiesEuropeanFoundation |
9,632 |
13,593 |
| DonationinkinddonationmadetoRegionalStudiesEuropeanFoundation |
4,061 |
5,107 |
| AmountsduefromtheRegionalStudiesEuropeanFoundation |
|
|
|
|
|
1January2025 |
Cashflows |
31December2025 |
|
|
|
£ |
£ |
£ |
| Cashat |
bankandin |
hand |
844,316 |
177,336 |
1,021,651 |