2022-12-31-accounts - The Association Of Governing Bodies Of Independent Schools

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					Total	Total
				Notes	2022	2021
INCOME FROM:
Charitable activities:
Governors' Seminars AGM contributions Training Ancillary income	and	Webinars			103,804 65,665 176,625 4,156	94,774 27,408 128,462 8,708
Donations and grants						456
Other trading activities:
Subscriptions					403,082	368,015
Income from investments					7,319	6,606
					760,651	634,429
EXPENDITURE ON:
Charitable activities					735,362	609,856
					735,362	609,856
Net income before investment			(losses)/gains		25,289	24,573
Net (loss)/gain on investments					(5,978)	27,387
NET MOVEMENT IN	FUNDS				19,311	51,960
Balance brought forward	at	1 January 2022			412,153	360,193
Balance carried forward	at 31December 2022				K43 ],464	f.412,153

					2022	2022	2021
				Notes
FIXEDASSETS
Tangible fixed assets					17,018	39,343
investments					219,768	225,746
						236,786	265,089
CURRENT ASSETS
Bank accounts					522,236	525,382
Debtors					227,933	135,827
					750,169	661,209
CURRENT LIABILITIES
Creditors: amounts	due	within one year		6	(544,614)	(499,158)
NET CURRENT	ASSETS					205,555	162,051
TOTAL ASSETS	LESS		CURRENT			442,341	427,140
LIABILITIES
NON CURRENT	LIABILITIES
Pension liability				10		(10,877)	(14,987)
NET ASSETS						431,464	6412,153
REPRESENTED	BY
UNRESTRICTED	FUNDS:
General Fund (including			revaluation
gains to date off44,678		(2021:f50,746
gain))						431,464	$412,153
These accounts are prepared			in accordance with the special provisions ofPart 15ofthe Companies				Act relating to small
companies and constitute		the annual accounts required			by the Companies	Act 2006.

				2022	2021
			Note
	Cash flows from operating activities:			(10,465)	101,641
	Cash flows from investing activities:
	Investment income Payments to acquire tangible fixed assets			7,319	6,606 (1,855)
	Net cash provided by investing activities			7,319	4,751
	Change in cash and cash equivalents in the reporting	period		(3,146)	106,392
	Cash and cash equivalents at the beginning ofthe reporting		period	525,382	418,990
	Cash and cash equivalents at the end ofthe reporting	period		6522,236	K525,382
	NOTE TO THE CASHFLOW STATEMENT
	a RECONCILIATION OFNET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES			2022	2021
	Net movement in funds Investment income Depreciation Losses/(gains) on investments (Increase) in debtors Increase in creditors			19,311 (7,319) 22,325 5,978 (92,106) 41,346	51,960 (6,606) 22,753 (27,387) (17,950) 78,871
	Net cash &om operating activities			$(10,465)	$101,641
b	ANALYSIS OF CHANGES IN NET FUNDS
			At start	Cash	At end
			ofyear	Flows	ofyear
	Bank current accounts Bank deposit accounts		39,220 486,162	5,576 (8,722)	44,796 477,440
			K525,382	$(3,146)	6522,236

2.	EXPENDITURE ON
			2022	2021
	Staff costs Office expenses Printing, postage and telephone Meetings and travel Governors' seminars AGM expenses Governance review costs Legal and Professional fees e-Learning courses Depreciation		466,058 72,229 7,301 4,793 10,935 46,743 61,387 37,177 6,414 22,325	428,141 63,308 '7,060 2,942 15,361 1,000 38,076 24,265 6,950 22,753
			f735,362	6609,856
	Governance costs (within professiona1 fees) inciude Auditor's remuneration
	-Audit
	- Other services		K7,325 f.925	$6,100 f840
3.	FIXEDASSETS		Computer
		Office	Equipment/
		Equipment	Software	Total
	COST
	At 1 January 2022 Additions	9,634	186,742	196,376
	At 31 December 2022	9,634	186,742	196,376
	DEPRECIATION
	At 1 January 2022 Charge for the year	9,191 189	147,842 22,136	157,033 22,325
	At 31 December 2022	9,380	169,978	179,358
	NET BOOK VALUE
	At 31 December 2022	f.254	f.l6,764	f.l7,018
	At 31 December 2021	f443	F38,900	E,39,343

4.	INVESTMENTS		2022	2021
	Market value at 1 January 2022		225,746	198,359
	Net investment (losses)/gains		(5,978)	27,387
	Market value at 31 December 2022		5219,768	F225,746
	Historical cost at 31 December 2022		6175,000	K175,000
	The investment is held in CAF UK Equitrack Fund units.
5.	DEBTORS		2022	2021
	Other debtors		206,130	119,556
	Prepayments and accrued income		21,803	16,271
			f227,933	E135,827
6.	CREDITORS		2022	2021
	Other creditors and accruals		59,180	41,827
	Subscriptions in advance		469,907	405,770
	Other fees and contributions in advance		12,395	48,520
	Pension scheme liability (note 10)		3,132	3,041
			6544,614	f499,158
	Deferred income at 1 January 2022			454,290
	Amounts released from previous	years		(454,290)
	Resources deferred during the year			482,302
	Deferred income at 31 December	2022		$482,302

	2022	2021
Salaries Social security Pension scheme liability remeasurement Other pension costs Settlement agreements	394,284 40,987 (1,213) 20,000 12,000	382,773 36,172 (9,693) 18,889
	6466,058	5428,141

Provision at stait ofaccounting	period		18,028
Unwinding ofthe discount factor			235
Deficit contributions paid			(3,041)
Remeasurement —amendments	to contribution	schedule	(1,213)
Provision at end ofaccounting	period		KI4,009

The liability is repayable	2022	2021
In less than one year	3,132	3,041
In one to two years	3,226	3,088
In two to five years	7,651	9,557
In greater than five years		2,342
	K14,009	5,18,028