2023-03-31-accounts

Auditor	Simpkins Edwards	Simpkins Edwards	Audit LLP
	The Summit
	Woodwater	Park
	Pynes Hill
	Exeter
	Devon
	EX25WS
Bankers	NatWest Bank pic
	14Old Town	Street
	Plymouth
	PL1 1DP
Solicitors	FootAnstey
	Senate Court
	Southernhay	Gardens
	Exeter
	Devon
	EX1 1NT

		Page
Trustees' report
Statement oftrustees'	responsibilities
independent auditor's	report	5-7
Statement offinancial	activities
Balance sheet
Notes to the financial	statements	10-19

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023		2022	2022	2022
		Notes
Income from:
Donations and	legacies		29,022		29,022	37,315	189	37,504
Charitable activities			49,618		49,618	94,932		94,932
Other trading	activities		8,231		8,231	18,632		18,632
Investments			1,654	48	1,702	62	5	67
Total income			88,525	48	88,573	150,941	194	151,135
Expenditure on:
Raising funds		6	5,548		5,548	2,958		2,958
Charitable activities		7	93,861	1,200	95,061	142,100	3,000	145,100
Tota I expenditure			99,409	1,200	100,609	145,058	3,000	148,058
Net Income/(expenditure)		and
movement in	funds		(10,884)	(1,152)	(12,036)	5,883	(2,806)	3,077
Reconciliation	offunds:
Fund balances	at 1 April 2022		145,798	19,973	165,771	139,915	22,779	162,694
Fund balances at 31 March
2023			134,914	18,821	153,735	145,798	19,973	165,771

						2023		2022
					Notes	f
Fixed assets
Tangible assets					12		817		992
Current assets
Stocks					13			390
Debtors					14	30,226		33,274
Cash at bank	and	in	hand			165,637		181,355
						195,863		215,019
Creditors: amounts			falling due within
one year						(42,945)		(50,240)
Net current assets							152,918		164,779
Total assets	less	current		liabilities			153,735		165,771
Income funds
Restricted funds -		general			17		18,821		19,973
Unrestricted	funds						134,914		145,798
							153,735		165,771

		Charitable	Charitable
		Income	Income
		2023	2022
Hydrofest - Scotland		2,550
Annual Members	Dinner - Scotland	31,105	17,847
Meeting collections		20
Remote Hydrography		6,708	76,127
SUTjoint seminar		6,003	30
Social events		3,232	928
		49,618	94,932

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			K	E
Sundry	income			17,296
Sponsorship		and advertising	8,231	1,336
Other	trading	activities	8,231	18,632

	Unrestricted	Restricted	Total	Total
	funds	funds
		general
	2023	2023	2023	2022
			E	F
interest receivable	1,654	48	1,702	67
Forthe year ended 31 March 2022	62			67

Raising	funds
		Unrestricted	Unrestricted
		funds	funds
		2023	2022f
Society	newsletter	3,273	1,523
Society	events	1,885	1,435
Opening	stock	390	390
Closing	stock		(390)
Fundraising and publicity		5,548	2,958
		5,548	2,958

7	Charitable activit	ie	s
							Charitable	Charitable
							Expenditure	Expenditure
							2023	2022
							f	Z
	Staff costs						17,888
	Depreciation						749
	Hydrofest - Scotland						2,619
	Annual Members	Dinner		- Scotland			15,621	17,322
	Meeting costs						3,373	1,012
	Remote Hydrography						528	47,718
	SUT seminar						3,917
	Oceanology International							686
	Ocean Business							1,324
	IFHS levy and associated			membership		subscrlptions	2,994	1,458
	Bank charges						647	1,637
	Insurance						2,164	1,953
	Sundry costs						2,637	1,129
	Postage, stationery,		telephone		and internet		1,854	1,910
	Travel and accommodation							600
	Services						18,891	48,090
	Website costs						2,944	10,069
	Prizes						1,200	2,400
	Other subscriptions						69	614
	Accountancy						2,705	699
	Audit						3,150	5,548
	Bad debts						11,111	840
							95,061	145,100
	Analysis by fund
	Unrestricted funds						93,861	142,100
	Restricted funds - general						1,200	3,000
							95,061	145,100
8	Auditor's remuneration
	The analysis of auditor's			remuneration		is as follows:
							2023	2022f
	Audit of the annual		accounts				4,000	3,750

		2023	2022
		Number	Number
Employment	costs	2023f	2022
Wages and salaries		17,367
Other pension	costs	521
		17,888

Tangible fix	ed asset	s
			Computers
Cost
At 1 April 2022			4,377
Additions			574
At 31 March	2023		4,951
Depreciation	and impairment
At 1 April 2022			3,385
Depreciation	charged	in the year	749
At 31 March	2023		4,134
Carrying amount
At 31 March	2023		817
At 31 March	2022		992

13	Stocks
							2023	2022
	Goods for resale							390
14	Debtors
							2023	2022
	Amounts	falling due within one year:					E
	Other debtors						8,812	14,873
	Prepayments and accrued income						21,414	18,401
							30,226	33,274
15	Creditors: amounts		falling	due within one year
							2023	2022
						Notes	E
	Other taxation and social security						1,849	1,214
	Deferred	income				16	5,807	10,375
	Other creditors						23,437	22,179
	Accruals						11,852	16,472
							42,945	50,240
16	Deferred	income
							2023	2022
							f.
	Other deferred income						5,807	10,375
	Deferred	income is	included	in the financial statements	as follows:
							2023	2022
							F
	Deferred	income is	Included	within:
	Current	liabilities					5,807	10,375
	Movements in the year:
	Deferred	income at	1 April 2022				10,375	11,344
	Released from previous periods						(10,375)	(11,344)
	Resources deferred		in the year				5,807	10,375
	Deferred	income at	31 March 2023				5,807	10,375

				Movement	In funds
			Balance at	Incoming	Resources	Balance at
			1 April 2022	resources	expended 31	March 2023
			E			E
UK Education	Fund		13,341		(800)	12,541
Scotland Education		Fund	6,632	48	(400)	6,280
			19,973	48	(1,200)	18,821

designate	d funds which have been	set aside out of unrestricted fu	nds by the trust	ees for specific	purposes.
		At 1 April	Incoming	Resources	At 31 March
		2022	resources	expended	2023
General	funds	145,798	88,525	(99,409)	134,914
Previous	year:	At 1 April	Incoming	Resources	At 31 March
		2021f	resources F	expended E	2022 f
General	funds	139,915	150,941	(145,058)	145,798

			Unrestricted	Restricted	Total
			funds	funds
			2023f	2023f	2023
Fund balances at 31 March 2023 are represented		by:
Tangible	assets		817		817
Current	assets/(liabilities)		134,097	18,821	152,918
			134,914	18,821	153,735
			Unrestr tcted	Restricted	Total
			funds	funds
			2022	2022	2022f
Fund balances at 31 March 2022 are represented		by:
Tangible	assets		992		992
Current	assets/(liabilities)		144,806	19,973	164,779
			145,798	19,973	165,771