INSTITUTE OF ALCOHOL STUDIES
Company Number.. 5661538
Charity Number.. 1112671
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Kingston Burrowes Audlt Ltd
308 Ewell Road
Surbiton
Surrey, UK
KT6 7AL

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number. 1112671
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
PAGES
Directors, Report
Independent Auditors, Report
8-10
Statement of Financial Activitr'es
Balance Sheet
12
statement of Cash Flows
13
Notes forming part of the Financial Statements
14-19

INSTITUTE OF ALCOHOL STUDIES
Company Number.. 5661538
Charity Number.. 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Directors of the Institute of Alcohol Studies (IAS} submit their annual report and the audited financial
Statements for the year ended 31 March 2024 which are also prepared to meet the requirements for a
directors, report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, Companies Act 2006, the Mernorandum and
Articles of Association and the Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102} {effective October 2019).
IAS Ob"ectives and activlties
The objectives of IAS are..
to educate and to preserve and protect the good health of the public by promoting the scièntific
understanding of beverage alcohol and the individual, social and health conSequen￿S of its
consumption.
to promote measures for the prevention of alcohol related problems
to promote for the public benefit. research into beverage alcohol and to publish the useful results.
Our main work is based around helplng to bridge the gap be￿een the scientitic evidence on alcohol and the
wider public. We want to make all this evidence accessible to anyone with an interest in alcohol - politicians,
reporters, health professionals, students, youth workers and others - and to advocate for effective responses
that will reduce the toll of alcohol in soGiety
This takes place through four major parts of our work..
We write occasional major reports and research papers
We exchange information and advocate for evidence-based alcohol policy as active members of alliances
and forums for public interest groups
We produce up-to-date information and factsheets on key aspects of alcohol policy in the UK that are
freely available on our website, and monthly magazine the Alcohol Alert
We answer queries from the media and general public and make media appearances when requested
1. Pollc
-relevan
research activlties
IAS published a three-year Strategy for the period 2023-2026 in June 2023. The main strategic priority for IAS
during this period will be to explore and build support for action on alcohol-related inequalities. During 2023-24
IAS published the following reports that were made freely available on the IAS website and circulated to key
stakeholders-.
Off-trade alcohol availability and violence= Assessing the impact of on-trade outlet closures
Language Bank-. Talking about inequalities in alcohol use and harm
Cannabis Liberalisation.. Lessons for alcohol policy
How have governments communicated U K alcohol duty policy changes?
Dispelling six industry myths about alcohol taxation
In addition. IAS organised and hosted a webinar 'Al¢ohol use in the cost-of-living crisis, which was free to
attend.

INSTITUTE OF ALCOHOL STUDIES
Company Number. 5661538
Charity Number. 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Icontd...
The IAS Small Grants Scheme opened in 2022 and invited applications from earfy career researchers with
novel ideas and proposals to help inform public policy debates relating to alcohol hann. Two funded projects
were completed in 2023:
Systematic review of modifications to alcohol brief interventions for people with cognitive decline
Honest discussions about alcohol usè during pregnancy- an exploration of lay discussions on a
British online parenting forum
IAS hosted free weblnars for both these projects to enable the researchers to present their findings to a wide
audience including policy officials, academics, advocacy organisations and practitioners.
IAS continues to seek advice from its panel of Expert Advisors, drawing on a range of experience and skills
relating to alcohol research and policy. Each of the IAS Expert Advisors was consultsd throughout the year.
Activilies included peer reviewing IAS reports, drafting responses to consultations, and reviewing applications
to the Small Grants Scheme.
2. Workin
with networks and alliances
IAS continues to play an actwe role in ne￿OrkS and alliances that campaign to reduce alcohol harm. Below is
an overview of initiatives that IAS has supported throughout the year.
Alcohol Health Allian￿.. The AHA is an alliance of over 60 organisgtions. IAS supports the AHA by
employing and co-funding the AHA Policy and Advocacy Man8ger and the IASIAHA Advocacy
Support Officer. IAS is a member of the AHA steering group and chairs the AHA communications and
advDcacy sub-group.
Alcohol and Families Alliance.. The Alcohol and Families Alliance is hosted by AdFam and has 50
member organisations and associated individual members. The IAS Chief Executive sits on the
steering Group which Meets four times a year.
Eurocare.. IAS is a founding member of Eurocare {the European Alcohol Policy Alliance}, an alliance of
non-governmental and public health organisations acioss European countries advocating the
prevention and reduction of alcohol related harm in Europe. The Chief Executive of IAS sits on the
Eurocare board.
Associ81ion of Medical Research Charities.. IAS remains a member of the Association of Medical
Research Charities (AMRC). Membership enables IAS to access training and guidan￿ in relation to
funding and supporting research and demonstrates IAS, commitment to supporting the best research
and researchers.
3. Govemment Relations
IAS continues to identify opportunities to inform alcohol policy debates and engage in government policy
processes with the aim of securing a reduction in rates of alcohol harm. During the year, IAS responded to
three government consultations and met with officials from govemment departments with responsibility for
relevant alcohol policy portfolios including HM Treasury, Department for Health and Social Care, Home Office,
Department for Environmental, Food and Rural Affairs and the OffiGe for Health Improvement and Disparities
(OH ID). The IAS Chief Executive sits on the cross-govemment Alcohol Advlsory Group, convened by OHID,
and is a member of the WHO Forum on Alcohol and Addictive Behaviours.

INSTITUTE OF ALCOHOL STUDIES
Company Number.. 5661538
Charity Number. 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Icontd...
4. External Communications
During the period 2023-24 IAS was mentioned in the media 1,170 times. The main stories related to a report
by the Organisation for Economic C¢)-operation Development (OECD) which showed UK feEmale heavy
episodic drinking rates were the highest in OECD countries and a report by Frontier Economics on the social
and economic costs of preventable cancers in the UK.
IAS updated its website in 2023 and began to produce a series of short films explaining key alcohol policy and
research topics. Four films were produced and publicised in 2023-24.. Big Alcohol explained, Alcohol
Marketing, Alcohol and Price and Alcohol and the Heart. The 'alcohol explained, films are freely available and
have been viewed more than 8,000 times on the IAS YouTube channel.
IAS also published 46 blogs during this period, covering topical policy and research developments. and
continued to publish its monthly newsletter, 'Alcohol Alert., with an accompanying podcast.
5. Public Benefit
IAS pursues aGtivities that aim to contribute to the improvement in the quality of life for the general public and
to this end the Directors have taken into consideration the Charity Commission's guidance on public benefit,
including the guidance "Public Benefit: running a charity {PB2)"
IAS seeks to Influen￿ public policy in a direction which would protect and promote the health 8nd welfare of
individuals and the population at large, and to achieve this end it gathers relevant information. This is
disseminated by means such as the website and social media accounts and on request can be freely
accessed by any person with an interest in the subject.
6. Future Plans
IAS moved office location to a flexible shared workspace for charities in early 2024. Staff and trustees will
continue to monitor how the new office impacts on operations, collaboration opportunities and team building.
In 2024-25 IAS will publish updated figures for the cost of alcchol harm in England, which will be made
available at local authority level. In preparation for the UK General Elecl'on, IAS worked with nebNorks and
alliances to develop manifesto recommendations for an incoming government. IAS also launched the nexl
round of the Small Grants Scheme in April 2024.
Financial revlew
During the financial year IAS received £579,730, mainly from grant funding. Expenditure totalled £579,630
resulting in an excess of income over expenditure for the year of £100.
Fundin
The main source of IAS funding had been from a guaranteed support grant from the Alliance House
Foundation. This grant has been confirmed for a further one-year period and IAS will seek to source further
external funding to support and expand current and future 8Ctivities.
Re
erves Polic
Reserves are held to cover any shortfall in income or to fund any unp5anned expenditure on activity which the
Directors agree to pursue during the financial year. Unrestricted reserves at 31 March 2024 amounted to
£610.

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number.. 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Icontd.
Pension Li
bili
From 1 April 2010 the Charity joined a defined contribution scheme, the Flexible Retirement Plan with The
Pensions Trust. There is no liability associated with this scheme.
Investment Polic
IAS does not hold any investments and does not have an investment policy.
Princi
al Fundin
Sources
The principal source of funding for the Charity is from grant funding. Expenditure during the year had been
planned and the income had been adequate to cover these commitments.
Goin
Concern
The Charity undertakes an annual Risk Assessment, which gives careful consideration to factors that may
impact upon the ability of the Charity to move forward as a going concem, including business critical risks.
The most recent assessment had given Directors Confiden￿ that any risks had been sufficiently mitigated.
Directors are coftfident the Charity is a going concern.
Structure Governance and Mana
ement
The company had been established under a Memorandum of Association, which established the objects and
powers of the charitable company and is governed under its Articles of Association. The Articles allow for a
maxirnum of six Directors. The Directors meet three times per year.
The Directors of the company are also Charity trustees for Ihe purpose of Charity law. New members of the
Board are appointed by the Charity and are confirmed at the next annual general meeting. They are elected
for a period of three years after which they retire by rotation and may seek re-election.
Recruitment of Board of Directors
Three of the Directors were appointed from ttie trustee body of Alliance House Foundation, it has been agreed
that the other three would be recruited from professionals from the alcohol policy field. The Directors were
appointed for their relevant Charitylprofessional skills particularly in the field of research and their interest in
alcohol issues. The Charity conducted a skills audit to ensure that there is an appropriate mix of skills amongst
the Board members, and this is updated annually and taken into account in future retirement and recruitment.
Director Induction and Trainin
All Directors are conversant with the day-to-day practical work of the Charity and Directors are kept up to date
with developments in the charitable sector.
Upon appointment all Directors attend an induction rneeting where their obligations under Charity and
cJmpany law are explained. Directors are supplied with the Charity Commission WelcDrne Pack, the guide
"The Essential Trustee" and details of the Gharity Commission guidance on public benefit. In addition,
Directors are supplied with copies of the Memorandum and Articles of Associalion and the lalesi copy of the
annual report and financial statements. Directors are invited to attend a regular strategic planning event, the
latest of which had been held in London in December 2022.
All Directors give their time voluntarily and receive no benefits from the Charity. Any expenses reclalmed trom
the Charity are set out in note 10 of the accounts.

INSTITUTE OF ALCOHOL STUDIES
Company Number.. 5661538
Charity Number.. 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Icontd...
Risk Mana
ement
The Charity has conducted a review of the major risk5 to which the charity is exposed using guidancè
produced by the Charity Commission. This will be an ongoing process of assessing the types of risk facing
the Charity and identifying the means of mitigating those risks. The Charity maintains a risk register 8nd
irrternal control risks are minimised by the applicats-on of internal procedures for the Charity.
Or
anisational Structure
The Directors delegate the day-to-day management of the Charity to the IAS Chief ExeGUtive. The Directors
tske decisions at their meetings or, when urgent decisions are necessary, the Chief Executive, in consultation
with the Chair, makes these. The next meeting of the Board then ratifies these decisions.
The Chief Executive is accountable to the Directors for the efficient running of the Institute of Alcohol Studies
and is responsible for the implementation of the policies and strategies of behalf of the Directors.
Remuneration
Two members of the Board participate in the duties and responsibilities af 8 remuneration committee and are
not themselves remunerated.
IAS follows a remtjneration policy with agreed pay scales, which comprise four levelsl job grades with salary
bands linked to core competencies and representative work activities. The IAS Chief Executive is placed on a
spot salary outside these pay scales. The policy outlines three mechanisms whereby staff may be awarded a
salary increase: the IAS Annual Pay Award, exceptional performance against agreed objectives and
prornotion. The Remuneration Commiltee meets at least once every 12 months to determine any salary
adjustments, based on kne criteria outlined in the remu neration policy.
wth effect from 1st April 2023, the committee determined that there should be an Annual Pay Award of 40/0
together with a number of revisions to the IAS Staff Handbook.
Employees also re￿ived pension contrlbutions equivalent to 14.50/0 of gross salary with employees
contributing 7.50/0.

INSTITUTE OF ALCOHOL STUDIES
Company Number.. 5661538
Charity Number. 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Icontd...
Reference and Adminlstrative informatlon
The Institute of Alcohol Studies is a charitable company, number 5661538 limited by guarantee, incorporated
on 22 December 2005 and registered with the Charity Commission for England and Wales under number
1112671 in 2006.
Dxrectors
Dr Peter M. Rice
Reverend Dr Janet E. Tollington
Professor Linda C. Bauld
Mr Michael D. Carr
Reverend Dr Stephen F. Skuce
Ms Alice K. Wiseman (appointed 2510412023)
Chair
Vice Chair, RC & IAC
RC&IAC
Secreta
to the Board of Directors
Mr Paul R. Whitaker
Re
istered Officè
Canopi Building, 82 Tanner Street, London, England, SE13GN
Senior Mana
ernent Team
Dr Katherine R. E. Severi, Chief Executive of IAS
Auditors
Kingston Burrowes Audit Ltd, 308 Ewell Road, Surbiton, Surrey, UK KT6 7AL
Bankers
National Westminster Bank PLC, PO Box 3038, 57 Victoria Street London, SW1 H 9NH
Solicitors
Lee Bolton Monier Williams, 1 The Sanctuary, Westminster, London. SW1W OLS
Board of Directors
A resolution to re-appoint Reverend Dr Janet E. Tollington, who retires by rotation and will put herself forward
for re-election, will be considered at the annual general meeting

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number: 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Icontd...
Directors, Ros
onsibilities Statement
The Directors (who are also trustees of Institute of Alcohol Studies for the purposes of charity law} are
responsible for preparing the Directors, Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Directors to prepare financial statements for each financial year, which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that period. In preparing these
financial statements, the Directors are required to..
select suitable accounting policies and then apply them consi8tenly',
observe the methods and principles in the Charities SORP 2019 IFRS 102);
make judgements and estimates that are reasonable and prudenl,.
state whether applicable UK Accounting Standards have been followed. subjeGt to any material
departures disclosed and explained in the f nancial ststements",
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in OFeration.
The Directors are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable thern to ensure that the
financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the
assets of the charitable company and hence for taking reasonable steps for the prevention and deteGtion of
fraud and other irregularities.
In so far as the Directors are aware:
there is no relevant audit information of which the charitable company's auditor is unaware; and
the Directors have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditor is aware of that information.
Auditors
A resolution to re-appoirÉt Kingston Burrows Auditor Ltd as Auditors of the Company will be put to the Annual
General Meeting.
Exem
tion Statement
The Directors, Report has been prepared in accordance with the special provisions of Part 15 of the
Companies Act 2006 relating to small companies.
roved
d signed on beha￿ of the Board.
Dr Peter M. Rice
Chair
15th November 2024

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF:
INSTITUTE OF ALCOHOL STUDIES
Opinion
We have au(Jited the financial statements of I nstitute of Alcohol Stijdies (the 'charitable company,) for the year
ended 31 March 2024 which comprise the Statement of Financial Activities, Balance Sheet, statement of
Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the fr'nancial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024, and of its
incoming resources and application of resour￿$, including its income and expenditure, for the year then
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.,
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordan￿ with Internationa5 Standards on Auditing (UK) (ISAS (UK)) and
applicable law.
Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable Gompany in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require us to
report to you where..
the DireGtors' use of the going concern basis of accounting in the preparation of the financial statements is
not appropriate- or
the Directors have not disclosed in the financial ststements any identified material uncertainties thal may
cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of
accounting for a period of at least twelve months from the date when the financial statements are
authorised for Issue.
Other informatlon
The Directors are responsible for the other information. The other information comprises the information
included in the Directors, Report, other than the financial statements and our auditorfs report thereon. Our
opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly stated in our report. we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and,
in doing so, consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or othe￿iSe appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine whether there is a
material misstatement in the financi21 statements or a matertal misstatement of the other information. If,
based on the work we have performed, we conclude that there is a material misstatement of this other
information, we a￿ required to report that fact
We have nothing to report in this regard.

INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF:
INSTITUTE OF ALCOHOL STUDIES
Icontd...
Opinions on other matters prescribed by the Companies Act 2006
In our opinion. based on the work undertaken in the course of the audit..
the information given in the trustees, report (incorporating th8 Directors. report) for the financial year for
which the financial statements are prepared is consistent with the financial statements., and
the Directors, report has been prepared in accordants with applicable legal requirements.
Matters on which we are required to report by exceptlon
In the light of our knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the Directors, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if, in our opinion..
adequate accounting records have not been kept, or retums adequate for our audit have not been
received from branches not visited by us-, or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of Directors, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit., or
the Directors were nol entitled to prepare the financial statements in accordance with the small
companies, regime and take advantage of the small companies, exemptions in preparing the Directors,
report and from the requirement to prepare a strategic report.
Responsibilities of Di￿tOrS
As explained more fully in the Directors, responsibilities statement set out on page 7, the trustees (who are
also the Directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such
internal control as the Directors determine is necessary to enable the preparation of financial statements that
are free from material misstatement. whether due to fraud or error.
In preparing the financial statements, the Directors are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the Directors either intend to liquidate the charitable company or
to Cease operations, or have no realistic alternative but to do so.
Auditor's responsibilitles for the audit of the financlal Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS {UK) will always detect a material misstatement when it exists. Mi5Statements can arise
from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be
expected to inftuence the economic decisions of users taken on the basis of these fi'nancial statements.
A further description of our responsibilities for the audit of the financial ststements is located on the Financial
Reporting Council's website at: www.frc.org.uklauditorsresponsibilities. This description fonns part of our
auditorfs report.

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF..
INSTITUTE OF ALCOHOL STUDIES
Icontd...
Auditorfs responsibilities for the audit of the financial statemontslcontd...
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The sp￿lfIC procedures for this engagement and the extent to which these are
capable of detecting irregularities, including fraud is detailed below:
Enquiry of management and those charged wth governance about actual and potential litigation or
claims and the identification of non-compliance with laws and regulations.
Reviewing minutes of meetings of those charged with governance.
RevÈewing financial statement disclosures and testir)g to supporting documentation to assess
Complian￿ with applicable laws and regulations.
Auditing the risk of management override of controls, including testing journal entries and other
adjustments for appropriateness; assessing whether the judgements made in making accouriting
estimates are indicative of a potential bias,. and evaluating the business rats'onale of any significant
transactions that are unusual or outside the normal course of business.
Performing analytical procedures to identify any unusual or unexpected relationships that may indicate
risks of material misstatement due to fraud.
Professional scepticism in course of the audit and with audit sampling in material audit areas.
Because of the inherent limitations of an audit. there is a risk that we will not detect all irregularities, including
those leading to a rnaterial misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the fi'nancial statements, as we will be less likely to become aware of instances of non-compli8nce.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. Mvw.frc.org.uklauditorsresponsibilities. This descriptton forms part of our
auditorfs report.
Use of our report
This report is made solely to the charitable company's members, as a body. in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so Ihat vie might state to the
charitable company's members those matters we are required to state to them in an auditor's report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the charitable company and the charitable company's members as a body, for our audit work, for
this report, or for the opinions we have formed.
Kevin Fisher FCA (Senior Statutory Auditor)
For and on behalf of Kingston Burrowes Audit Ltd
Statutory Auditors
308 Ewell Road
Surbiton
Surrey, UK
KT6 7AL
15 November 2024
10

INSTITUTE OF ALCOHOL STUDIES
STATEMENT OF FINANCIAL ACTIVITIES
INCORPORATING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Notes Unrestricted Restrtcted
Funds
Funds
Total
2024
Total
2023
Income from:
Donations and grants
Charitable activities
Other
Investments- Bank interest
464,722
27
114,909
579,631
27
614,826
5,655
104
72
72
Total
464,821
114,909
579,730
620,589
Expenditure on:
Charitable activities
464,721
114,909
579,630
620,489
Net Income
100
100
100
Tiansfers be￿een funds
Net movement in funds
14
100
100
100
Reconcilfjation of funds
Total funds bought fonmard
14
510
510
410
Total funds carried forward
14
£610
£610
£510
The Statement of Financial Activities includes all gains and losses recognised during the year.
All income and expenditure derives from continuing activities.
The notes on pages 14 to 18 form part of these Financial Statements.

INSTITUTE OF ALCOHOL STUDIES
BALANCE SHEET
AS AT 31 MARCH 2024
Notes
2024
2023
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
51,397
4,952
59,088
2,815
56,349
61,903
CREDITORS: Amounts falling due
within one year
13
55.739
61,393
NET ASSETS
£610
£510
Represented by..
FUNDS
Restricted Funds
Unrestricted Funds
14
14
610
510
£610
£510
These Financial Statements have been prepared in accordance with the Special provisions of Part 15 of the
Companies Act 2006 relating to small companies.
roved by the Board of Directors on 15th November 2024.
Dr Peter M. Rice
Chair
Signed on behalf of the Board
The notes on pages 14 to 18 form part of these Financial Statements.
12

INSTITUTE OF ALCOHOL STUDIES
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flovts from operating a¢tivlties
Net movement in funds per statement of financial activities
Adjustments for..
Investment income - Interest re￿1Vable
Decrease l increase in debtors
{Decrease) l increase in creditors
100
100
(721
7,691
{5,6541
{4>
(38,182)
38,456
Net cash provlded by operating activities
2,065
370
Cash flows from Investing activities
Investment income - Interest retsived
72
Net cash provided by Investing activities
72
Change in cash and cash equivalents In the year
2,137
374
Cash and cash equivalents brought forward
2,815
2,441
Cash and cash equivalents carried fopward
£4,952
£2,815
Analysis of cash and cash equivalents
2024
2023
Cash at bank and in hand
£4,952
£2,815
13

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
General information and basis of accounting
Institute of Alcohol Studies is a registered charity Ino. 1112671) and private company limited by
guarantee {no. 5661538), incorporated in Great Britain and registered in England and Wales. In the event
of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member. The
registered office is given in the Reference and Adrninistrative Details in the Directors, Report on page 6.
The charity constitute5 8 public benefit entity as defined by FRS 102.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in
October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland
{FRS 1Q21, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting
Practi￿.
The financial statements are prepared on a going concern basis and under the historical cost convention.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless othewi5e ststed.
Income recognition
Iterns of income are recognised in the financial ststements when all of the following criteria are met..
The charity has entitlerrEnt to the funds,.
any performance conditions have been met or are fully within the control of the charity-
there is sufficient certainty thal receipt of the income is considered probable- and
the amount can be measured reliably.
Expenditure recognition
Expenditure is recognised once there is a legal or constructive obligation to make payment to a third
party, it is probable that settIement will be required and the amount Can be measured reliably.
Expenditure includes those costs of a d1￿ct nature which can be allocated to a specifi-c activity. It also
includes indirect costs, including governance costs that do not relate to a specific activity but are
necessary to support those activities.
Fund accounting
Unrestricted general funds are freely available for use in furtheran￿ of the objects of the charity and
which have not been designated for specific purposes.
Designated funds are unrestricted funds set aside by the Directors for particular purposes.
Restricted funds are funds which can only be used in accordance with specific restrictions imposed by the
donor or which have been raised for a particular purpose.
Pensions
The charity operates a defined contribution pension scheme. Contributions payable under the scheme
are charged to the Statement of Finar7cial Ackn'vities in the year to which they felate.
Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded
st transaction price. Any losses arising from impairment are recognised in expenditure.
14

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Icontd...
DONATIONS AND GRANTS
Unrestricted Restricted
funds
Funds
Total
2024
Total
2023
Grants
Alliance House Foundation
Cancer Research UK
World Health Organisation
Spectrum Project
British Academy Research Project
V5tal 5 Project
Balance North East Project
Alcohol Health Alliance
Donations
Alcohol Health Alliance
464,722
464,722
29,819
17,035
2,500
539,364
29,110
29.619
17,035
2.500
3.000
9,400
7,150
9,500
22,312
7,150
9,500
22,312
10,000
26,793
26,793
23,952
£464,722
£114,909
£579,631
£614,826
Of the £614,826 recognised in 2023, £539,364 related to unrestricted funds and £75,462 related to
restricted funds.
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted
funds
funds
Total
2024
Total
2023
Alcohol Conference Arrangement Fee
Sundry income
5.605
50
27
27
£27
£Nil
£27
£5.655
All of the £5,655 recognised in 2023 related to unrestricted funds.
EXPENDITURE ON CHARITABLE
ACTIVITIES
Direct
costs
Support
costs
Total
2024
Total
2023
Research and dissemination
£407,404
£172,226 £579,630
£620,489
Of the £620,489 expenditure recognised in 2023. £545,027 was charged to unrestricted funds and
£75,462 was charged to restricted funds.
15

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Icontd..
ANALYSIS OF DIRECT COSTS
2024
2023
Wages and salaries
Advisory panel
Travel, conferences and symposia
Website redesign and development
IT migration to SharePoint
Media Monitoring
Publications and subscriptions
366,398
8,000
8,885
8,500
4,793
4,819
6,009
405,845
7,000
6,595
4,275
40,723
£407,404
£464,438
ANALYSIS OF SUPPORT COSTS
2024
2023
Wage3 and salaries
Staff training and recruitment
Office rent & service charge
Office costs
IT and computer costs
Governance costs {see Note 7)
20,385
7,315
100,180
28,073
17,014
(7411
15,906
2,905
88,741
25,930
18,845
3,724
£172,226
£156,051
GOVERNANCE COSTS
2024
2023
Audit f*s and related costs
Current year
Over-provision in previous years
Directors, meetings
2,040
{3,670)
889
2,776
£(741)
£3,724
NET INCOME FOR THE YEAR
2024
2023
This is stated after charging-
Auditor's remuneration
Current year
Over-provision in previous years
Operating lease rentals
2,040
{3,670)
8,903
948
16

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Icontd..-
STAFF COSTS AND NUMBERS
2024
2023
Salaries
Social security costs
Pension costs
Other costs
325.3S7
27,658
33,130
628
340,248
32,443
48,690
370
£386,783
£421,751
During the year 2024, one employee received total employee benefits (excluding employerfs national
insurance 8nd pension costs) falling in the £70,000 - £80,000 band. In 2023, one employee fell in the
£60,000 - £70,000 band.
The average number of employees based on full-time equivalents was 7 (2023.. 8). The average
monthly number of employees was 8 {2023: 10).
Total employee benefits received by key management personnel amounted to £105,595
(2023: £136,504).
Employee benefits include salary, employer's national insurance. employerfs pension contributions and
benefits in kind.
10. DIRECTORS, REMUNERATION AND EXPENSES
The Directors reGeived no remuneration during either year. £889 (2023.. £2.766) was reimbursed tolpaid
on behalf of 2 directors (2023: 6) for attendance at Directors meetinos in the year.
11. TAXATION
The Company ha5 Gharitable status and is therefore exempt from Corporation Tax on its Gharitable
activities.
12. DEBTORS
2024
2023
Prepayments 2nd other debtors
£51,397
£59.088
13. CREDITORS: Amounts falling due WFthln one year
2024
2023
Accruals
Other creditors
5,700
50,039
3,364
58,029
£55,739
£61,393
17

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Icontd...
14. RESERVES
Balance
at
1 April
2023
Balance
at
31 March
2024
2024
Income
Expenditure
Transfers
Restricted funds
Alcohol Health Alliance Project
Cantsr Research UK
Vital 5 Project
Balan￿ North East Project
British Academy Research Project
Spectrum Project
49,105
29,619
7,150
9,500
17,035
2,500
49,105
29,619
7,150
9,500
17,035
2,500
114,909
114,909
Unrestricted Funds
General funds
510
464,821
464,721
610
£510 £579,730 £579,630
£Nil
£610
Comparative information for the previous financial year is as follows=
Balance
Balance
at
31 March
2023
2 April
2022
2023
Income
Expenditure
Transfers
Restricted funds
Alcohol Health Alliance Project
Cancer Research UK
British Academy Research Project
Institute of Social Marketing
33,952
29,110
9,400
3,000
33,952
29,110
9,400
3,000
75,462
75,462
Unrestricted Funds
General funds
410
545,127
545,027
510
£410 £545,127 £545,027
£Nil
£510
18

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Jcontd...
15. RELATED PARTY TRANSACTIONS
Details of related paty transactions during the year are as follows:
NaTne of related party
Nature of
relationship
Transaction
details
Amount
Balance
2024
Alliance House Foundation
Connected
charity
Grant
funding
464,722
{40,996)
Alliance House Foundation
Conneded
charity
Rent
payable
63,500
2023
Alliance House Foundation
Connected
charity
Grant
funding
539,364
(28,290)
Alliance House Foundation
Connected
charity
Rent
payable
63,500
16. CONTINGENT ASSETS
The total amount of grant funding awarded but not recognised as inwme is £489,634 (2023.. £589,775).
These funds relate to the next financial year.
17. OPERATING LEASE COMMITMENTS
2024
2023
Future minimum rént21s payable under non-cancellable operating leases are as follows..
Within one year
Within to five years
6,270
£6,270
£Nil
19