Company number.. 04131252 Charity number-. 1084803 British and Irish Legal Information Institute Report and financial statements For the year ended 31 December 2021 Wll SAYER 00000 00000 V INCENT 0000000 ooooooo *ABBCV796' 1610712022 COMPANIES HOUSE A06
BrStlsh and IrSsh Legal Information Instilute Contents For the year ended 31 December 2021 Reference and adminisirative information Tru5tee5' annual rtport Independent examiner's report Staiement of financial activities (incorporating an income and expenditure account) Balance sheet Notes to the financial statements
Brftlsh and Irish Legal Infomiatlon Insthute Reference and administrati information For the year ended 31 December 2021 Company number Charity number 04131252 - registered in the United Kingdom 1084803 - registered in England and Wales Registered offlce l O Queen Streei Place LONDON EC4R I BE Operational address Charles Clore House 17 Russell Square LONOON WC18 5DR Trustees Sir Ross Cranston. Chair E Allbon G Beringer QC {Hon) Professor P Chung A Coomber Hon Mr Justice D Barniville (appointed June 2021 > J Harrison Dame Maura McGowan Dr N Ni Loideain Dr P O'callaghan (resigned June 20211 L Rabinowitz QC R Wood Professor C Stychin lappointed June 2021) Key management personntl Jules Winterton Joe Ury Chief Executive Officer Executr¥e Direcior Company secretary BWB Secretarial Limired Bankers Barclays Bank PIC Bristol and North Somerset Croup PO Box 207 BRISTOL BS99 7A1 Independent Examlner Joanna Piltman Sayer Vincent LLP Chartered Accountants and Statuiory Auditors Invicta House. 108-114 Golden Lane LONDON. ECIY OTL
British and Irish Legal Infomiatlon Instltute Trustees, annual report For the year ended 31 December 2021 The trustees present their report and the financial statements for the year ended 31 December 2021. Reference and administrative information set oui on page I forms pan of this report. The financial statement5 iomply with current siatutory requirernents. Ihe memorandum and articles of association and the Staiemeni of Recomrnended Practice Accounting and Reporting by Charitie5.- SORP applicable to charities preparing their accounts in accordance with FRS 102. Structure, governance and management The British and Irish Legal Information Institute I'BAILII. or'the Institute'l is a company Ihmited by guarantee. registered in the UK under the Companies Act 2006 and is a registered charity in England and Wales. The Institute was incorF)oraied as a limited company on 27 December 2000 and 15 established under a Memorandum of Association which established the objects and powers of the charitable company and 15 9overned under its articles of association. The company number is 041312 52. The charitable company is registered with the Charity Commission. number 1084803. All trustees give their time voluniarily and reieive no benefits from the charity. No expenses were reclaimed from the charity this year or the preceding year. The power to appoint and discharge trustees is noted in the Insiiiuie's Mefflorandum and Articles of A550ciation. Each member of the Instituie has guaranteed to subscribe £ l in the eveni of ihe company being wound-up. Trustees are appointed following a skills audit of the existing Trustees. An open call for expressions of interest in becoming a Trustee is published and. after shortlisting, intervlews are held. Two new trustees were appointed during 2021 .' Professor Carl Stychin. Drrector of the Institute of Advanced Legal Studies and the Hon Mr Justice David Barniville. Coun of Appeal Judge {Irelandl. The Instituie tries io achieve a balance of interests beTh¥een academics. the Judiciary, practising lawyers. people with IT experience and a range of other skills. as well a5 Trustees who live or work mainly in Scotland and the Republic of Ireland. A tailored induction and training programme is put in place depending on the needs and experience of the Trustee. Objects of the charity {I I ro promote the sound administration and development of ihe law by: (al the provision of one or more searchable and regularly-updated internet sites on which accurately recorded case law. primary and secondary legislation and treaties from or affeciing the jurisdictions of the Uniied Kingdom and the Republic of Ireland and associated jurisdictions are maintained together with commentary analysis and the maintenance of links to similar sources in other jurisdictions: and
British and Irish Legal Infom)atlon Instllute Trustees, annual report For the year ended 31 December 2021 {bl such other means of providing fe or inexpensive public access to legal texts and commentaries of all kinds as ihe iru5tees shall from time to time determine. and {21 ro advance legal educaiion by promoiing and encouraging research in the field of legal informatlon Systems and dissemination of the useful results ihereof. Publ ic benefit The Trustees confirm that they have referred to the guidance contained in ihe Charity Commission's general guidance on public benefit when reviewing the Insiiiuie's aims and objectives for the year and in planning future activities. Purposes and aims The trustee5 review the aims. objertives and activities of the charity each year. This report looks at what the charity has achieved and the ouicomes of its work in ihe reporting period. The iru5tees report ihe success of each key aciivity and the benefits the chariiy has broughi to those groups of people that it Is set up to help. The review also helps the trustees ensure the chariws aims. objectives and activiiie5 remained focused on its Stated purposes. The irustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aim5 and objectives and in planning its future activities. In particular. the trustees consider how planned aciiviiies will contribute to the aims and objecttves that have been sei. Review of activities and performance During the continuing Covid-19 pandernic the BAILII team worked from iheir homes and continued to upload current judgmenis and older materials as ihey were received. 8AILII is immensely grateful io all the donors who have supported it over the years and continue to make lis work P055ible. The Trustees would also like to thank the members of the Advisory Council and all those who have helped 8AILII. Since its formation as a charity in December 2000 after a successful campaign to 'Free ihe Law,. BAILII h35 continued to provide reliable information resources for private individuals. organisations serving civil society, those in legal education and training. and those involved in and serving the legal system. The 5eNice is low cost. good quality. easy to use. free at poini of use and does noi use cookies or require regisiraiion or login. Dr Patrick O'callaghan 51epped down from the Board of Trustees in June 2021 after 6 years of valuable seNice. He served as ihe trustee from the Republic of Ireland and. as Co-Director of the Irish Legal Information Institute (IRLIII. he liaised closely between IRLII and BAILII. Profe550r Carl Stychin. Director of the Institute of Advanced Legal Studies. co-opted to the Board in November 2020. and the Hon Mr Justice David Barniville. Coun of Appeal Judge Ilrelandl. were confirmed as Trustees at rhe June AGM. Professor Maria Cahill. Co-Director of IRLII was co-opied io the Board and appointed to the Advisory Council.
8rilish and Irish Legal Information Instituie Trustees, annual report For the year ended 31 December 2021 The BAILII Advisory Council. advising the Board of Trustees. drawn from stakeholders including users, donors. and those Èn ihe legal and legal information professions. meets twice a year but because of the pandemic met only once in 2021 . on the 20ih July. The chaTiWs main activities and its diverse communitles of users are described below. All its charitable activities focus on providing a free access website and further BAIUI'S charitable purposes for the public benefit. BAILII continues to be one of the main sources for legal materials from England and Wales. Scotland. Northern Ireland and Ireland. heavily used within those jurisdictions and also Internationally. BAILII contains 122 databases covering l O jurisdictions. overall comprising 194+ gigabwes of legal maierials and 600.000 searchable documents materials with links to extend searches to the worldwide network of free access to law partners to which it belongs and oniributes Ihrtp'.Ilwww.commonlii.orgl. http'.IIw4•4W.lawcite.orgll. BAILII publishes all the substaniive judgments of ihe Civil Division of the Court of Appeal and the High Court as soon as they are handed down in Court, or (if delivered orally) made available in an approved transcript. It also publishes a substantial number of judgment5 from the Criminal Division of Ihe Coun of Appeal. Scottish and Irish judgments and the decisions of many Tribunals. The scope of BAILII was increased during rhe year wilh Ihe addition of Judgments from the Qatar International Court and ihe Abu Dhabi Global Market iourts which apply English common law and negotiations were opened with the Dubai Internaiional Financial Coun to include its judgments_ BAILII continues to add to its Slgnificant retrospective content when the opportunity arises BAILII'S aims remain.. al the provision of a searchable and regularly-updated internet Site and, bl the provision of a free public access site containing legal materials including judgments. decisions. legislation. legal texts and Cofnmentaries including reports of various law reform bodies. BAILII continues to achieve these aims by maintaining and developing a website which is available to all as a subscripiion-free source of legal maierials.. 25.035 judgments and Various other legal materia15 were added in 2021 122.744 in 2020). Overall use of BAILII continues to increase and there was no significant drop-off in use during the pandemic wilh some measures indiiating considerable increases at times. There were 87.815.198 page.views.of-thtrBAILII.website-in-202 Flcompare(frto-79.'006-61 ln-2020l. and-there were 3.331.388 downloads. returning to a more normal level after a dramatic spike of 5,399,911 in 2020 during the extended period of home workin9. Recent weekly usage measured by page requests is 2,670,2 35. BAILII's L15er populaiion 15 made up of the general public. Ih05e using our materials for academlc purposes and those involved in the practice of the law (including the judiciary). 92% of respondents to an independent survey of BAILII users in 2018 said thai BAILII is very irnportanl in
Brillsh and Irlsh Legal Inforniation Institute Trustees. annual report For the year ended 31 December 2021 enabling fe access to law. Feedback on the BAILII service 15 Positive. According to the survey. 95% of respondent5 rated BAILII'S service as excellent or good. Several changes 10 the adminisiration of jusiice have increased the number of unrepresented litigants. and there has been a corresponding increase in ihe numbers of people dependant on 8AILII'5 free provision of judgments through directly accessing them or through the assistance of legal advice agencies. In April 2021 the Moj informed BAILII that an official archive of the judgments of courts and tribunals of England & Wales would be created at The National Archives ffNA}. using the same selection of judgments currently sent to BAILII and oiher publishers. These judgments will generally also be available on a TNA web5iie if considered suiiable for publicatTron. 8AILII was asked to keep this planned development confidential until a formal announcement in June 2021 and BAILII suspended fundraising until it could inform its stakeholders. Considerable time of BAILII staff and trustees was taken up during the year in correspondence and meetings wilh government since this development. while at the same time our few hard-pressed staff continued to mainiain and updaie BAILII's service to the public. An additional Board meeting was held in April 2021 which decided that BAILII will continue to provide its valued independent service to its Users, no conteni will be removed. and its databases will continue to be updated. The functionality and Usability of the proposed TNA service iould not be known in advance. 8AILII did note ihai the proposed TNA service would not cover judgements from Scotland. Northern Ireland or the Republic of Ireland or other jurisdictions available on BAILII and would not have BAILII'S international link5. potential for ihird-party conteni. or customised services such as the OpenLaw project. 8AILII has assisted TNA boih wilh know-how and briefings and also by giving copies of over 45.000 coun judgments and tribunal decisions received from judges over ihe past 20 years to form the core of the new archive. li is understood thai from mid-April 2022 the route by which BAILII receives new judgments will be via TNA rather than dhrettly from judges. A licence was granted to BAILII by TNA in mid-April 2022 10 enable it to coniinue to publish judgments. BAILII continues to suppon legal education and is by far the mosi popular free legal website among law schools in Ihe UK according to surveys by the Institute of Advanced Legal Studies. University of London. Updating of the list5 of leading cases for topics covered by undergraduate law curricula created by BAILII'S OpenLaw projeci has begun. assisted by Sandy Outczak, DTrgital Projects and Publications Manager at the IALS. The Torts list was rewritten with the addirion of brief annotatlons by Professor Rachael Mulheron. member of the BAILII Advisory Council, who also recruited academic specialists who are working to update several other lists. The Courts in a post-covid world, the Eighth 8AILII Sir Henry Brooke Lecture. h05ted by Clifford C-hance LLP,-was'given"on-l-December 202 1-by a panel of senior member5 of the judiciary of the UK and Ireland.. Sir Ceoffrey Vos MR. Master of the Rolls of England & Wales., Lord Carloway. Lord President of the Court of Session. Scotland., Dame Siobhan Keegan DBE. Lady Chief Justice of Northern Ireland". and The Hon. Mr Justice Frank Clarke. former Chief Justice of Ireland. A video of the eveni is available from the BAIUI webslte. The research project on Al and the law conducted by a ieam led by Profe550r John Armour finished Its work wilh a report and a series of conference sessions in September 2021. BAILII had
Brilish and Irish Legal Infomiatlon Instlwte Trustees, annual report For the year ended 31 December 2021 concluded a data sharing agreement with the University. after recetving approval from the judiciary, to facilitate the research. BAILII continued to exploit Social media through the use of Twitter to send alerts of new jud9ments and news items. 8AILII continued to engage with the Incorporated Council of Law Reporting for England and Wales and with other publishers. attending meeting5 of the publisher group convened by Sophie Walker. under the auspices of Just Access. The group drafied a metadata scheme which would faciliiaie ihe publication of Judgments and recommended it5 adoption by the Moj l HMCTS. An article. 'BAILII- the Next Ten Years. appeared in Counsel, Magazine of the 8ar of England and Wales (October 2021). and was reproduced in Wrir. Magazine of rhe Law Society of England & Wales (Winter 2021. 12-131. Financial review and reserves policy The activities of the Institute produced a deficit of £45.405 on unrestricted funds compared to a surplus of £17.474 in the prior year. The chariry reviewed its policy on the level of reserves required. It adopted a policy to maintain unrestrrcted funds. which are the free reseNes of the charity, ai a level which equates to nine months rather than one year's budgeted total future expendirure, or approximately £169.000. The balance of unrestricted funds at the year-end is £179.347 12020.. £224.7521. with £36.065 (2020.. £36.06S) de5i9nated for the purpose of redundancy payment5. As a small charity not involved in any commercial enterprises our only business is providing a free servrce to anyone who wishes to view the data we publish via the iniernet. We rely mainly on donations. The agreement wilh the Universiiy of London has enabled c105e collaboration with the Institute of Advanced Legal Studies. use of office. specialist server accommodation and neMork infrastructure. However. the agreement was altered. following restTUCturing at the University, to bring fundraising directly within the 8AILII structure with the engagemen¢ in January 2021 of a specialist fundraising consultani. The contract with the Ministry of Justice to continue a public service for online acce55 ro judgmenrs of Ihe couns and tribunals of England & Wale5 was extended by a year to I S April 2022 providin9 a contribulion of £S0.000 p.a. to BAILII'S costs. During late 202 1 a financial facility was agreed with fhe Legal Education Foundation to undeN4riie BAILII's income over two years io be drawn down in early 2022 and early 2023. A sum of £ 52.180 was granted in ApTil 2022 and a similar sum 15 estimated for 2023. During 2022 a restructuring is planned which will reduce ngoing-siaff-C05ts,-takInaVantage of a projected simplification of routines as data will be pre- processed by TNA. Under the Memorandum and Articles of Association. the Insiitute has the power to make any investment which the Trustees see fit.
British and Irish Legal Infoniiatitin Instltute Trustees, annual report For the year ended 31 December 2021 Related parties and relationships with other organisations The charity is housed within the Instituie of Advanced Legal Studies. University of London. The charity also has links with Ihe University College Cork and co-operates with a similar or9anisation in Australia. the Australasian Legal Information Instilute. Statement of responsibilities of the trustees The trustees (who are also directors of British and Irish Legal Information Institute for the purposes of company law) are responsible for preparing the Iru51ee5' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepred Accounting Practice). Company law requires ihe 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 resoLJrces and application of resources. including the income and expenditure, of the charitable company for ihat period. In preparing these financial statements. the trustees are required io.. Select suitable accounting policies and ihen apply them con5i5tenily Obsetve the meihods and principles in the Charities SORP Make judgements and estimates thai are reasonable and prudent Srate whether applicable UK Accounting Standards and statements of recommended practice have been followed. subject to any material departures disclosed and explained in the financial statements Prepare the financial statements on the going concern basis unless ir is inappropriaie to presume ihat the charity will continue in operation The trustees are responsible for keeping adequaie accountin9 record5 that di5c105e with reasonable accuracy ai any iirne the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Aci 2006. They are also responsible for safeguarding ihe assets of the charitable company and hence for taking reasonable steps for ihe preveniion and detection of fraud and other irregularities. The trustees are responsible for ihe maintenance and integrity of the corporate and financial information included on the charitable cornpany's website. Legislation in ihe United Kingdom governing the preparation and dissemination of financial statements may differ from le9islation in other jurisdictions. Members of the charity guarantee to contribute an amount not exceeding £ I to the assets of the charity in the event of winding up. The total number of such guarantees at 31 December 2021 was 12 12020..121. The trustees are members of the charity but this entitles ihem only to voting righis. The trustees have no beneficial interest in the charity.
Brltlsh and Irlsh Legal Information Institute Trnsttes. annual report For the arended 31 Lkcember 2021 Independent examiner Joanna Pittman was re-appoinied as ihe charitable companWs independent examiner during the year and has expressed her willingness to coniinue in that capacity. vedb he trustees on 24 June 2022 and signed on their behalf by Sir Ross Cransion Chairman
Independent examinerfs repon To the Trustees On the unaudlted accouDt5 Brlt15h and Irlsh Le al Inf0rnthn Instltute I report to the trustees on my examinaiion of the accounts of Brit15h and Irish Legal Information In511tuie for Ihe year ended 31 December 2021. Thls report is made solely to rhe trusrees as a body. in accordance with the Charitie5 Act 2011. My examination ha5 been undertaken so that I might state to the trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by13w. I do not accept or assume responsrbtlity to anyone other than the chariiy and the trustees as a body. for my examinatbon. for this port. or for the opinions I have formed. Responsibilities and basis of report As the charFty trustees of the British and Irish Legal Information In5tilute you are responsible for the preparation of the account5 in accordance with the requirements of the Companie5 Act 2006 ('the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Aci and are eligible for independent examination. I repori in respect of my examinaiion of the Company's accounis carried out under section 145 of rhe 2011 Act and in arrying out rny examination I have followed all the applicable Direciions given by ihe Chariiy Commission under section 1451511b) of fhe Chartlies Act 2011 I'the 2011 Act'l. Independent examiners statement I have compleied my examlnation. I confirm that no material matiers have come ro my attention in connection with the examination giving me cause to believe that in any material respect." Accounting records were not kept in respeci of ihe Company as required by section 386 of Ihe 2006 Act- or The account5 do not accord with those records- or The accoynis do noi comply wilh the accouniing requirements of section 396 of the 2006 Act other than any requirement that the accounts give 3 'true and fair view, which is not a matter considered as part of an independent examination.. or The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and repolling by charities. I have no concerns and have come across no other matters in conneciion with the examination io which attention should be drawn in this report in order io enable a proper understanding of the account540.be_reach Signed.. Name.. Joanna Pittman FCA Address.. Sayer Vincent LLP,. Invicta House, 108-114 Golden Lane. London. ECI Y OTL Date. 12 July 2022
British and Irlsh Legal Inforniatlon Institute Statement of flnancial actitIeS lincorporafrng an income and expenditure accountl For the ar ndÈd 31 DÈcember 2021 2021 Total 2020 Total Note Income from.. Donations and legacie5 Charitable activities Investments 137.161 50.000 189.346 50.000 67 Total Income 187172 239.413 Expendlture on.. Charitable activities- Website development and maintenance 232.577 221,939 Total expnditure 232 577 221,939 Net Income for the year and net m0ment In funds {45.405) 17,474 Reconcillation of funds Total fLsnds brought forward 224 752 207.278 Total funds carried forward 179.347 224.752 All of ihe above result5 are derived from continuing aai¥itie5. There were no oiher recognised gains or losses other than those stated above. All funds are unresiriaed. 10
Britlsh and Irlsh Legal Informatlon In5tltuie Balance sheei Company no. 04131252 As at 31 Drfernr 2021 2021 2020 Noie Flxed assets Current assets Debtors Cash at bank and in hand 25.000 216424 12.500 273,212 241.424 285,712 LiabSlFties Creditors.. arnounts falling due within one year 60.960 Net current asse¢5 179347 224.752 Net a55ets 179.347 224 752 The funds of the charliy Llnrestricied income funds General funds Deslgnaied funds 10 143.282 36.065 188,687 36.065 Total charlty funds 179 347 224.752 The opinion of the d1CtOrS is that the company is entitled to the exemptions conferred by seciion 477 of the Companies Act 2006 relating to small companies. The directors acknowledge the following responsibililie5'. the members have not required the company io obiain an audii of its accounts for the year in question in accordance with section 476 of the Companies Act 2006- the directors acknowledge their responsibilities for complying with the requirements of the Aci wilh respect to accounting records and the preparation of accounts These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. the Board on 24 June 2022 and signed on their behalf by Sir Ross Cranston Chairman
Brltlsh and Irlsh Legal Inforniation Instltute Notes to the financial statements For the ar Énded 31 December 2021 l Accountlng policies a) Basis of preparatlon The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Staiement of Recommended Praciice applicable to charities Preparin9 their accounts in accordance with the Financial Reporting Standard applicable in ihe UK and Republic of Ireland IFRS 1021 - (Charities SORP FRS 1021. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. As a Smaller charity, in accordance with SORP Update Bulletin l. a Statement of Cash flows is not required. Asseis and liabilities are iniiially recognised ai historical c05t or transaction value unless othetwise siaied in the relevant accounting policy or note. In applying ihe financial reponing framework. the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors. including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the aciual outcomes could differ from those estimates. Any significant estimates and judgements affeciing these financial siatemenis are deiailed within ihe relevant accounting policy below. b) Public bènefit entity The charitable company meets ihe definTrtion of a public benefii entity under FRS 102. c) Golng concern The Trustees have assessed wheiher the use of the goin9 concern basis is appropriate and have considered possible events or conditions that mighi casi significani doubt on ihe ability of ihe charity to continue as a going concern. In particular the Trustees have considered the impact of a new government publication service of judgments from the couns of England & Wales on the charity's operations. The Trustee5 consider that there are no material uncertainties aboui the charitable companvs ability to continue as a going concern due 10 the level of reserve5 and confirmed funding to 202 3. The Trustees do not consider thai there are any sources of estimation uncertainty ai the reporting date that have a significant risk of causing a maierial adjustment to the carrying amount5 of a55et5 and liabilities wiihin the nexi reporting period. d) Income Income is recogni5ed when the charity has entitlement io the funds. any performance conditions attached io ihe income have been met. it is probable that the income will be received and that the amount can be measured reliably. Income_from.go.vernment and.other-grants-, whether-'cJpital'-grants or 'revenue' grants. is recognised when the charity has entitlement io the funds. any performance condiiions attached to the grants have been mei, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are mer. 12.
Brltish and Irish Legal Inforniation Instltute Notes to the flnanclal statemenis For the ear ended 31 December 2021 l Accountlng pollcles (continued) el Interest CeIvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity,. this is normally upon notificaiion of the interes1 paid or payable by the bank. f) Fund accouniing Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets ihese criteria is charged io the fund. Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes. Designaied fund5 are unrestricted funds earmarked by the irustees for particular purposes. 9> Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or consiructive obligation to make a payment to a third party. it is probable thai settlement will be required and the amount of ihe obligation can be measured reliably. Expenditure is classified under the following activity headings= Cosis of raising fund5 relaie io the costs incurred by the chariiable company in inducing third parties io make voluntary contributions to il. as well as the cost of any activities with a fundraising purpose. Expenditure on charitable activities includes the costs of delivering services undertaken to further the purposes of the chariiy and their associaied support costs. her expendilu represents those items noi falling inio any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. h) Tangible flxed assets Items of equipment are capitalised where ihe purchase price exceeds £ 500. Depreciaiion cosis are allocated to activities on the basis of the use of the related assets in ihose aciivities. Assets are reviewed for impairment if circumstance5 indicate their carrying value May exceed their net realisable value and value in use. Depreciaiion is provided ai rates calculated to write down the cost of each asset (o ils estimated residual value over its expected useful life. The depreciation rates in use are as follows." Computers and other office equipment 2 10 3 years Debtors Trade and oiher debtors are recogni5ed ai the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid nei of any trade discounts due. i)-Cash'at-bank-and-In-hand . Cash at bank and cash in hand includes cash and shon term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 13
Brlt15h and Irish Legal Inforniatlon Institute Notes to the nTranclal statemenis For ar ermled 31 December 2021 l Accountlng pollcles (contlnued) kl Credltors aftd provlsions Creditors and provissons are recognised where the chariry has a present obligation resulting from a past event that will probably resuli in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimaied reliably. Crediiors and provisions are normally recogntsed at their settlemeni amount after allowing for any trade discounts due. l) Defined contrtbutlon penslon scheme The charitable company participates in a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independenily administered fund held by the University of London. The pension cost charge represents contributions payable under the scheme by the charitable company to ihe fund. The chariiable company has no liability under the scheme other ihan for the payment of those contributions. m) Financial Instruments The charity only has financial assets and frnancial liabililies of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value wilh ihe exception of bank loans which are subsequently measured at amortlsed cost Using the effective interest method. n) Sfaiutory information BAILII is a charitable company limited by guararttee and is incorporared in the UK. The giStered office address is 17 Russell Square. London. WCI 8 50R. 14
British and Irish Lè9al Information Institute Notes to the financial 5tatemonts For the nded 31 December 202 2 Total resources expended 2021 Total 2020 Total Staff costs l Note 4) Office expenses Bank Charges Governance cosis.. Accountancy and Independent examination 157.364 71.228 85 174.530 43.630 59 3.720 Total resources expended 232.577 221.939 All expenditure wa5 unrestricted and related to website development and maintenance. 3 Net incomÈ for the year This is Stated after chargin9 1 crediting.. 2021 2020 Bank charges Independent examiner's remuneration {net of VAT) Trustees. remuneration Trustees, reimbursed expenses 85 3,250 59 3,100 No trustees incurred expenses in 202 1 12020. none). 15
Brltlsh and Irlsh Legal Information Institute Notes to the financial staterntnts For the ar ended 31 December 2021 Staff c¢sts and number5 Staff costs were as follows.. 2021 2020 Salaries and wages Redundancy costs Social security Costs Pension contributions 119.735 129,749 5.145 13.451 26.185 12.360 25.269 157.364 174.530 The redundancy costs invoiced by the University of London in 2020 were reduced following discussions during 2021 to £1.434.33. No employee earned more ihan £60.000 during ihe year12020= 01. The total employee benefits including employers. national insurance and pension contributions of the key management personnel were £70,550 (2020.. £70,089). The average monthly number of employees (and full-time equivalentl during the year was as follows.. Staff numbers 2021 2020 No. No. Full tirne equkvalent 2021 2020 No. No. Website development and maintenance Admini5traiion Related party iransactlons There are no related parry transactions io disclose for 2021 12020.. none). There are no donations from related partres which are outside the normal course of busine55 and no restricted donations from (elated panies. Taxatlon The charitable company is exempt from corporation lax as all its income is charitable and is pplied_for-c-haritable¢)urposes. 16
Brltish and Irish Legal Information Institute Notes to the financial Statements For r ended 31 December 2021 Tangible fixed assets Office equipment Total C05t At l January 2021 and 31 December 2021 34.541 34.541 Depreciatlon Ai l January 2021 and 31 December 2021 34,541 Net book value At 31 December 2021 and at 31 December 2020 Debtors 2021 2020 Accrued income 25.000 25.000 12.500 12.500 Credltors.. amounts due wrthln one ar 2021 2020 Trade creditors Accruals 58.177 3,900 57,240 3,720 62.077 60.960 17
Brltlsh and Irlsh Legal IDformatlon Instltute Notes to the financial statements For the ar ended 31 December 2021 l Oa Movernent5 Sn fund5 Icurrent year> Ai the start of the year Transfers between funds Incoming resources Outgoing sources At the end of the year Unrestricted funds: Designated funds Redundancy fund 36.065 36.065 36.065 36.065 143 282 General funds.- 188,687 187.172 232,577 Total unrestricted funds 224.752 187.172 232.577 179.347 Total funds 224,752 187.172 232,577 179.347 l Ob Movements in funds Iprlor year) At the start of the year Transfers between funds Incoming resources Outgoing resources At the end of the year Unre5trlcted funds= Designated funds Redundancy fund 36.065 36.065 36.065 36.065 General funds." 171.213 239,413 221,939 188.687 Total UDre5tricted funds 207.278 239.413 221.939 224.752 Total funds 207.278 239.413 221.939 224.752 Purposes of deslgnated funds Designated funds are earmarked for the purpose of redundancy payments. 18