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|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|||
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|||Page|
|---|---|---|
|Trustees'
report|||
|Statement
oftrustees'|responsibilities||
|independent
auditor's|report|5-7|
|Statement
offinancial|activities||
|Balance sheet|||
|Notes to the financial|statements|10-19|
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||||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|
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|||||||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|
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|||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|
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||||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|
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||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|
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|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|
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|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|
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|||2023|2022|
|---|---|---|---|
|||Number|Number|
|Employment|costs|2023f|2022|
|Wages and salaries||17,367||
|Other pension|costs|521||
|||17,888||
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|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|
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|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|
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|||||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|
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||||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|
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