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|||Page|
|---|---|---|
|Reference and Administrative
Details ofthe Charity, its Trustees and Advisers|||
|Trustees'
Report||2-15|
|Independent
Examiner's|Report|16|
|Statement of Financial|Activities|17|
|Balance Sheet||18-19|
|Notes to the Financial Statements||20-33|
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|uring the reporting
period, whic|h would
normally
b|e a major reas|on for postgrad|uates
to joi|
|---|---|---|---|---|
||Sept 2020|Sep-21|Change||
|Full Members|583|594|+11|102%|
|Early Career Researchers|311|311||100%|
|Career starter|n/a|19|+19||
|Postgraduate|757|615|-142|81%|
|Student/Undergraduate|634|749|+115|118%|
|Industry
member|27|47|+20|174%|
|Associate member|67|73|+6|109%|
|Retired member|46|52|+6|113%|
|Honorary
member||||86%|
|TOTAL|2,432|2,466|+34|101.4%|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
||||Note|||||
|Income from:||||||||
|Donations
and legacies||||44,880|20,166|65,046|14,796|
|Charitable
activities||||98,224||98,224|95,307|
|Investments||||227||227|113,876|
|Total income||||143,331|20,166|163,497|223,979|
|Expenditure
on:||||||||
|Charitable
activities||||115,690|135,060|250,750|233,414|
|Total expenditure||||115,690|135,060|250,750|233,414|
|Net income/(expenditure)||before net||||||
|gains/(losses)
on|investments|||27,641|(114,894)|(87,253)|(9,435)|
|Net gains/(losses)|on investments|||62,111||62,111|(14,099)|
|Net movement
in|funds|||89,752|(114,894)|(25,142)|(23,534)|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||402,202|166,550|568,752|592,286|
|Net movement
in funds||||89,752|(114,894)|(25,142)|(23,534)|
|Total funds carried forward||||491,954|51,656|543,610|568,752|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
|||f.|F|f.||
|Donations||43,146|20,166|63,312|14,796|
|Government|grants|1,734||1,734||
|||44,880|20,166|65,046|14,796|
|Total 2020||293|14,503|14,796||
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|Subscriptions|and Bulletin advertising|98,224|98,224|95,307|
|Total 2020||95,307|95,307||
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021f|2021
f.|2020|
|Dividend|income|||113,435|
|Bank interest||227|227|441|
|||227|227|113,876|
|Total 2020||113,876|113,876||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021f|2021f|2021f|2020|
|Advance|education|in neuroscience|115,690|135,060|250,750|233,414|
|Total 2020|||124,800|108,614|233,414||
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||||Activities||||
|---|---|---|---|---|---|---|
||||undertaken|Support|Total|Total|
||||directly|costs|funds|funds|
||||2021
f.|2021f|2021
f.|2020|
|Advance|education|in neuroscience|170,347|80,403|250,750|233,414|
|Total 2020|||137,460|95,954|233,414||
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||||Advance|||
|---|---|---|---|---|---|
||||education
in|Total|Total|
||||neuroscience|funds|funds|
||||2021|2021|2020|
||||f.|F||
|Staff costs|||122,302|122,302|72,420|
|Bulletin|production||27,797|27,797|26,746|
|Bursaries and||sponsorship|2,436|2,436|8,486|
|Gatsby|project|costs|4,407|4,407|7,509|
|Subscriptions||and membership|5,054|5,054|5,967|
|Advertising|||1,750|1,750|8,976|
|Travel|||1,153|1,153|517|
|Printing,|postage and stationery||811|811|1,827|
|Telephone|||||512|
|Journal|production||4,637|4,637|4,500|
||||170,347|170,347|137,460|
|Total 2020|||137,460|137,460||
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|||Advance|||
|---|---|---|---|---|
|||education
in|Total|Total|
|||neuroscience|funds|funds|
|||2021|2021|2020|
|||f.|F||
|Staff costs||67,390|67,390|65,771|
|Depreciation||450|450|900|
|Advertising||605|605|9,693|
|Travel||72|72|1,381|
|Printing,
postage and stationery||131|131|133|
|Telephone||635|635|589|
|Website development||(1,870)|(1,870)|3,312|
|Professional|fees|7,267|7,267|7,213|
|Insurance||707|707|1,414|
|Bank charges||3,086|3,086|2,285|
|Sundry||355|355|644|
|Governance||2,000|2,000|2,000|
|Bad debt||(425)|(425)|619|
|||80,403|80,403|95,954|
|Total 2020||95,954|95,954||
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|taff costs||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||f.||
|Wages and|salaries|||169,913|122,102|
|Social security costs||||12,158|8,035|
|Contribution|to defined|contribution|pension schemes|7,621|8,054|
|||||189,692|138,191|
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||Office|
|---|---|
||equipment|
||F|
|Cost or valuation||
|At 1 October 2020|4,355|
|At 30September 2021|4,355|
|Depreciation||
|At 1 October 2020|2,102|
|Charge for the year|450|
|At 30September 2021|2,552|
|Net book value||
|At 30September 2021|1,803|
|At 30September 2020|2,253|
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||Investments|||
|---|---|---|---|
||in|||
||subsidiary|Other||
||companies|investments|Total|
||F|f.|F|
|Cost or valuation||||
|At 1 October 2020|100|301,068|301,168|
|Revaluations||62,111|62,111|
|At 30September 2021|100|363,179|363,279|
|Net book value||||
|At 30September 2021|100|363,179|363,279|
|At 30September 2020|100|301,068|301,168|
|Principal subsidiaries||||
|The following|was a subsidiary
undert|aking
ofthe Charity:|||||
|---|---|---|---|---|---|---|
|Name|||Company|Holding|Included|in|
||||number||consolidation||
|BNA Events|Limited||07784689|100'/o|No||
|The financial|results ofthe subsidiary|for the year were:|||||
|Name||||Profit/(Loss)|Net|assets|
|||||for the year||F|
|||||f.|||
|BNA Events|Limited|||103,527||98,592|
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|||2021|2020|
|---|---|---|---|
|||f.||
|Due within one year||||
|Trade debtors||32,409|1,149|
|Amounts
owed by group undertakings||48,376|53,860|
|Other debtors||496||
|Prepayments|and accrued income|1,614|1,668|
|||82,895|56,677|
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|||2021|2020|
|---|---|---|---|
|Trade creditors||601|2,782|
|PAYE and social security|||3,850|
|Other creditors|||39,063|
|Accruals and deferred|income|10,761|11,417|
|||11,362|57,112|
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|Statem|ent|off|un|ds - current|year|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||Balance at|
||||||Balance at 1||||30|
||||||October|||Gains/|September|
||||||2020|Income|Expenditure|(Losses)|2021|
||||||F|f.|F|f.|F|
|Unrestricted||funds||||||||
|General|Funds||-|all funds|402,202|143,331|(115,690)|62,111|491,954|
|Restricted||funds||||||||
|Wolstencroft||fund|||6,500||||6,500|
|Journal|fund||||3,104|4,637|(7,741)|||
|Society|for Neuroscience||||506||(506)|||
|Roche|Products||||5,855||(5,855)|||
|Gatsby|Charitable|||Foundation|150,585||(115,221)||35,364|
|Guarantors||of Brain||||10,000|(208)||9,792|
|Equity,|diversity||and inclusion|||||||
|(EDI)||||||5,529|(5,529)|||
||||||166,550|20,166|(135,060)||51,656|
|Total funds|||||568,752|163,497|(250,750)|62,111|543,610|
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|Statement|offun|ds - prior year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at|||||30|
|||1 October|||Transfers|Gains'|September|
|||2019|Income|Expenditure|in!out|(Losses)|2020|
|Unrestricted||||||||
|funds||||||||
|General
Funds||||||||
|- all funds||326,004|209,476|(124,800)|5,621|(14,099)|402,202|
|Restricted||||||||
|funds||||||||
|Wolstencroft||||||||
|fund||6,500|||||6,500|
|Journal
fund||3,101|4,503|(4,500)|||3,104|
|Society for||||||||
|Neuroscience||506|||||506|
|Roche Products||14,342||(8,486)|||5,856|
|Gatsby||||||||
|Charitable||||||||
|Foundation||241,833||(91,249)|||150,584|
|Guarantors|of|||||||
|Brain|||10,000|(4,379)|(5,621)|||
|||266,282|14,503|(108,614)|(5,621)||166,550|
|Total funds||592,286|14,503|(233,414)||(14,099)|568,752|
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|Analysis of net assets between funds - cur|rent year|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
||F|f.|F|
|Tangible fixed assets|1,803||1,803|
|Fixed asset investments|363,279||363,279|
|Current assets|138,234|51,656|189,890|
|Creditors due within one year|(11,362)||(11,362)|
|Total|491,954|51,656|543,610|
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||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2020|2020|2020|
|Tangible fixed assets|2,253||2,253|
|Fixed asset investments|301,168||301,168|
|Current assets|130,606|191,837|322,443|
|Creditors due within one year|(31,825)|(25,287)|(57,112)|
|Tl|402,202|166,550|568,752|
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