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2021-06-30-accounts

Reports Reports Reports
President
and Chief Executive's report
Vision and mission.
Delivering
public benefit..
Fundraising
activities.
Review ofactivities .
Communication
and		 awareness
COVID-19 recovery network .
Online conference ...
The Sentinel .
Membership
...
International
branches
and		 UK regoinal networks ..... .......10
Professional
development		 ..
Staff and volunteers ..20
Health and safety.. . ..20
Equality and diversity. ..20
Impact ofCOVID-19 on the business, . ..21
Financial review. ..21
General data protection regulation. ..22
Audit and risk committee . ..22
Plans for the future... ..22
Legal and administrative details ... 23
Structure, governance
and		 management . 25
Reserves and financial policy .. .,27
Financial statements. ..... 35
Balance sheet as at30June 2021 36
Statement ofcash flows for the year ended 30June 2021... .....37
Accounting
policies ..		 38
Notes to financial statements. ..41

2021 2020
Total Reserves 493,120 386,497
ofwhich;
i. Designated
reserves		 34,968 58,980
ii.Volatility of Fixed Assets valuation 20,000 40,000
iii. Designated
reserves		 (ring fenced for projects &Branches) 47,618 57,618
iv. Minimum
required free		 reserves (15%ofsubscription in advance) (Page 35note 8) 76,488 71,256
Pietfree reserves 314,046 158,643
Designated reserves ini. were those that are investedin tangible and intangible Fixed assets (Note f2).

INCOME AND EXPENDITURE INCOME AND EXPENDITURE Note 2021 2020
E E
Income from charitable activities
Membership 1,031,175 1,020,040
Professional Development 54,228 33,851
Trading activities
Income from Events 49,890 1,895
Income from publication 1,164 1,644
Grants 1,609 1,924
Other income 6,180 5,165
Investment
Income		 705 6,024
Total income 1,144,951 1,070,543
Expenditure
Expenditure
on Raising Funds		 2.4 (182,513) (133,282)
Charitable
activities
Membership 2,2 (785,222) (780,795)
Professional Development 2.3 (137,188) (126,335)
Total Expenditure (1,104,923) (1,040,412)
Net gain/(loss)
on Investment		 66,595 (18,671)
Net gain/(loss) 106,623 11,460
Fund balance at I )uly 386,497 375,037
Balance carried forward at 30)une
being net movements in Funds 493,120 386,497

Notes 2021 2021 2020 2020
E E E E
Fixed Assets
Intangible
fixed assets		 27,976 52,218
Tangible
fixed		 assets 6,992 6,762
Investments 496,193 429,598
531,161 488,578
Current Assets
Prepayments 30,957 40,483
Other Debtors 56,649 40,956
Fixed deposit 100,000 100,000
Cash at bank and in hand 507,616 347,644
695,222 529,083
Current
Liabilities
Trade Creditors 41,873 20,579
Tax and social security 20,436 12,667
Accruals 161,034 122,881
Subscriptions
in advance		 509,920 475,037
733,263 631,164
Net Current
Liabilities		 (38,041) (102,081(
Net Assets 493,120 386,497
Reconciliation oFFunds:
Unrestricted
Funds		 458,152 327,517
Designated
funds		 12 34,968 58,980
Total funds 493,120 386,497

STATEMENT OFCA SH FLOWS F ORTHEYEAR ENDED 3 0JUNE 2021
Notes 2021 2020
E E
Cash flows from operating activities
Cash generated/(used
in) from operations		 See below 163,012 133,344
Net cash inflow fram operating activities 163,012 133,344
Cash Flow from Investing
Activities
Purchase ofproperty,
plant and
equipment
and Intangibles		 (3,745) (18,428)
Disposal 351,821 78,760
Addition (349,054) 180,000
Disposal loss (2,767)
investment
Income		 705 6,024
Invested
in Fixed term Deposit		 100,000 (100,000)
Net cash generated
from Investment		 activities 96,960 (213,644)
Change
in cash and cash equivalents
in the reporting
period		 259,972 (80,300)
Cash and cash equivalents
at
the beginning ofthe reporting period 347,644 427,944
Cash and cash equivalents
at
the end ofthe reporting
period		 607,616 347,644
Cash and cash equivalents
consist of;
Cash at bank 607,616 347,644
Analysis ofnet cash
At 01 July 2020 Cash flow At 30June 2021
347,644 259,972 eof,etc
Reconciliation
ofnet incoming		 resources to net cash inflow from operating activities
2021 2020
E E
Net incoming
Resources for Year		 106,623 11,460
Depreciation 3,514 2,797
Amortisation 24,243 31,077
Investment
gains/(Losses)		 (66,595) 18,671
Investment
income		 (705) (6,024)
Increase
in prepayments		 9,526 (22,641)
(Increase)/Decrease
in other debtors		 (15,693) (11,108)
Decrease
in Trade creditors, tax		 and social security 29,063 (6,261)
Increase/(Decrease)
in accruals		 38,154 (68,713)
Increase/(Decrease)
in deferred		 income 34,882 (46,660)
Exchange rate loss/(gain)
Net Cash/Inflow
from Operating
Activities		 163,012 133,344

2021
2.1 Activity or Programme Activities Apportioned TOTAL
undertaken directly cost 2021
E E E
Expenditure on raising funds (2.4) 161,635 20,878 182,513
Chadtable activities
Membership (2.2) 407,433 377,789 785,222
Professional Development (2.3) 116,315 20,873 137,188
685,383 419,540 1,104,923
Direct staff costs for raising funds have been charged under 'Activities undertaken directly'.
2020
2.1 Activity or Programme Activities Apportioned TOTAL
undertaken directly cost 2020
E E E
Expenditure on raising funds (2.4) 109,772 23,510 133,282
Charitable activities
Membership (2.2) 353,571 427,224 780,795
Professional Development (2.3) 102,831 23,504 126,335
566,174 474,238 1,040,412

Membership costs include any costs incurred t o serve membership.
2021 2020
Magazine
print and mailing		 136,920 135,495
Membership stationery 11,657 7,399
Helplines 17,169 23,315
Partnership costs 5,905
Direct staff costs 235,782 187,362
Support cost and wages apportioned 377,789 427,224
785,222 780,795

2021 2020
Direct staff cost 116,315 102,831
Support cost and apportioned wages 20,873 23,504
137,188 126,335

2.4 Ex penditure on raising fu nds
2021 2020
Promotion and awareness raising 43,803 13,134
Publication 1,578 3,890
Staff cost 116,253 92,748
Support «ost and apportioned 20,879 23,510
182,513 133,282

2021 2020
Other Staff Costs 15,760 12,877
Premises Costs 80.907 109,255
Communication Costs 33,806 49,904
Business Travel 741 3,431
Website & ITservices 78,304 68,012
Health, Safety and Environment 27 864
Bank Charges 13,951 14,645
Sundry Expenses (Inc VAT Adjustments) 5,117 3,308
Amortisation 24,243 31,077
Depreciation 3,514 2,797
Partnership
Cost		 5,906 16,109
Office Equipment
Events and Exhibitions 5,600 1,401
Governance
Costs		 2.5 22,613 23,515
Staff' cost apportioned 140,556 137,043
431,045 474,238

2I. Intangibl e
fixe		 d assets
Computer Website Qualifications Total
Software Development
E E
1 July 2020 32,097 67,180 69,434 168,711
Additions
during		 the year
Disposal (10,069) (10,250) (20,319)
At 30June 2021 22,028 56,930 69,434 148,392
Amortisation
1 July 2020 23,329 50,903 42,261 116,493
Charge for the year 2,653 7,703 13,887 24,243
Disposal (10,069) (10,250) (20,319)
At 30June 2021 15,913 48,356 56,148 120,417
Net Book Value
At 30June 2021 6,115 8,574 13,286 27,975
At 30June 2020 8,768 16,277 27,173 52,218
5.Tangible fixed assets
Computer OfFice Exhibition Total
Hardware FB.F Stands
E E E
1 July 2020 10,100 4,989 15,089
Additions
during		 the year 2,971 774 3,745
Disposals (887) (4,989) (5,876)
At 30June 2021 12,184 774 12,958
Depreciation
1July 2020 3,334 4,993 8,327
Charge for the year 3,364 150 3,514
Disposal (887) (4,989) (5,876)
At 30June 2021 5,811 154 5,965
Net Book Value
At 30June 2021 6,373 620 6,993
At 30june 2020 6,766 (4) 6,762

2021 2020
E E
Barclays Capital Fund brought forward 429,598 269,648
Disposal proceed (351,820) (273,250)
CAF Bonds brought forward 77,379
Disposal proceed (78,760)
Additions 349,055 453,252
Net investment (loss)/gain 69,360 (18,671)
Market value at 30June 496,193 429,598
Cost at 30June 429,598 453,252
E E
Equities (UK) 349,051 288,576
Equities (Overseas) 147,142 141,022
Total Investments held 496,193 429,598

7.Subscription
in Advance
2021 2020
E E
Deferred subscription at1 July 475,037 428,376
Released during the year (475,037( (428,376J
Deferred
in year		 509,920 475,037
Carried forward at 30June 509,920 475,037

Lease expiring. Lease expiring.
Within
1		 year 76,800 76,800
Between 2 and 5years 83,200 153,600
Total 160,000 230,400
Rent paid during the year 76,800 53,545
others:
2021 2020
Lease expiring: Within 1 year 9,400 9,400
Between 2 and 5years 2,350 11,750
Total 11,750 21,150
Amounts paid during the year 9,400 9,400

10.A nalysis of funds
2021 GeneralFunds Designated Funds Total
E E E
General reserves at01,07.2020 327,517 58,980 386,497
Surplus ofthe year 40,028 40,028
Transfers in Designated Funds 27,757 (27,757)
Net loss on Investments 66,595 66,595
TotalFunds at 30)une 461,897 31,223 493,120
2020 Genera(Funds Designated Funds Total
E E E
General reserves at01.07.2019 300,611 74,426 375,037
Surplus ofthe year 30,131 30,131
Transfers
in		 Designated Funds 15,446 (15,446)
Net loss on Investments (18,671) (18,671)
Total Funds at 30)une 327,517 58,980 386,497
11.Analysis of net assets
2021 General Funds Designated Funds Total
E E E
Investments 496,193 496,193
Fixed Assets 34,968 34,968
Net Current Liabilities (38,041) (38,041)
Total Net Assets at 30.062021 458,152 34,968 493,120
Total Net Assets at30.06.2020 327,517 58,980 386,497
2020 General Funds Designated Funds Total
E E E
Investments 429,598 429,598
Fixed Assets 58,980 58,980
Net Current Liabilities (102,081) (102,081)
Total Net Assets at 30.06.2020 327,517 58,980 386,497
Total Net Assets at 30.06.2019 300,611 74r426 375,037