INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number.. 1112671
DIRECTORS, REPORT AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Kingston Burrowes Audit Ltd
308 Ewell Road
Surbiton
Surrey. UK
KT6 7AL

INSTITUTE OF ALCOHOL STUDIES
Company Number. 5661538
Charity Number.. 1112671
DIRECTORS, REPORT AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
CONTENTS
PAGES
Directors, Report
Independent Auditors, Report
8-10
Statemant of Financlal Activities
Balance Sheet
12
Statement of Cash Flows
13
Notes to the Financial Statements
14-20

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number: 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Directors of the Institute of Alcohol Studies (IAS) submit their annual report and the audited financial
statements for the year ended 31 March 2025 which are also prepar8d to meet the requirements for a
directors. report and financial statements for Companies Act purposes.
The financial statements comply with the Charities Act 2011, Companies Act 2006. the Memorandum 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) (issued in October 2019).
IAS Ob"8Ctives and a
ivities
The objectives of IAS are..
to educate and to preserve and protect the good health of the public by promoting the scientific
understanding of beverage alcohol and th8 individual, social and health consequences 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 helping to bridge the gap between the scientific evidence on alcohol and the
wider public. We want to make all this eviden￿ aC￿SSIble 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 society.
This takes plac£ 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 faGtsheets on key aspects of alcohol policy in the UK that are
freely available on our website, and monthly Ynagazine the Alcohol Alert
We answer queries from the media and general public and make media appearances when requested
-relevant
rch activities
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 inequalitie5. During 2024-25
IAS published the following reports that were mad& freely available on the IAS website and circulated to key
stakeholders:
Alcohol and Economic Crises
Good governance in public health policy: Managing interactions with alcohol industry stakeholders
Outdoor Alcohol Advertising by Area of Deprivation
The Costs of Alcohol to Society
Autumn Budget Analysis 2024
Alcohol-specific and Alcohol-related Deaths: What does it all mean?
IAS also produced and published the following short 'Alcohol Explained, films which are hosted on the IAS
website and YouTube channel:
Alcohol and the Heart
Alcohol and the Brain

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number: 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Icontd...
Alcohol and Cancer
The Impact of Alcohol on our Healthcare Services
Alcohol-specific and Alcohol-related deaths Explained
The IAS Sm811 Grants Scheme opened in 2024 and invited applications from early career researchers with
novel ideas and proposals to help inform public policy debates relating to alcohol harm. The following projects
were selected for funding following a competitive application process:
Understanding barriers to the use of alcohol-free and Iow-alcohol drinks to reduo alcohol
consumption among individuals from lower soaoeconomic backgrounds.
Alcohol use among people experiencing homelessness and access to substance use ServI￿S in
England: identifying treatment needs and poliGy Options.
Stories of Alcohol Consumption across Generations in Gypsy, Roma and Traveller Communities.
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 consulted throughout the year.
Activities included pe8r reviewing IAS reports, drafting responses to consultations, and reviewing applications
to the Small Grants Scheme.
in
with networks and alltances
IAS continues to play an active role in networks ar5d alliances that campaign to redu￿ alcohol harm. Below is
an overview of initiatives that IAS has supported throughout the year.
Alcohol Health Ajliance: The AHA is an alliance of over 60 organisations. IAS supports the AHA by
employing and co-funding the AHA Policy and Advocacy Manager and the IASIAHA Senior Policy and
Communications Officer. IAS is a member of the AHA steering group and chairs the AHA
communications and advocacy 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.
EuroGare.' IAS is a founding member of Eurocare (the European Acohol Policy Alliance), an alliance of
non-governmental and public health organisations across European countries advocating the
prevention and reduction of alcohol related harm in Europe. The Chair of IAS is also President of the
Eurocare board.
Association of Medical Research Charities.. IAS remains a member of the Association of Medical
Research Charities (AMRC). Membership enables IAS to access training 2nd guidance in relation to
funding and supporting research and demonstrates IAS, commitment to supporting the b8st research
and researchers.
3. Gove
nment Relations
IAS continues to identfy 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 six
government consultations and met with officials from government departments wilh r@sponsibility 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 Offi¢8 for Health Improvement and Disparities
IOHID). The IAS Chief Executive sits on the cross-government Alcohol Advisory Group, o)nv@ned 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 2025
Icontd...
4. External Co
icatlons
During the period 2024-25 IAS was mentioned in the media 1,930 times. The main stories related to the IAS
cost of alcohol harm report., deaths from alcohol in 2023 (published Feb 2025). and teenage drinking rates.
IAS shares alcohol policy and research updates to key stakeholders via social media channels. IAS currently
has 5.793 followers on X, 1,621 on Linkedln and 1.938 on Bluesky. The IAS 'AJcohol Explained, films are
free5y available and have been viewed more than 71,000 times on the IAS YouTube Ghannel.
IAS also published 39 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 Benefi
IAS pursues activities 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 publiG 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 and welfare of
individuals and the population at large, and to achieve this end it gathers relevant informab'on. This is
disseminated by means such as the website and social media accounts and on request can be freely
accessed by any p@rson with an interest in the subject.
IAS moved office loration again in December 2024 to a more modern building owned by ttle same Charitable
Company landlord, Canopi. The new Spa￿ provides improved facilities for collaboration and team building.
Staff feedback has been very positive.
In 2025-26 IAS will publish a long-term vision for addressing alcohol harm, developed in consultation with
alcohol policy experts. Other forthcoming publications include results of a survey of Westminster MPS and
their staff about the impact of alcohol on the parliamentary workplaca, and a report on the impact of alcohol
marketing on LGBTQ+ (x)mmunities.
Financial review
During the financial year IAS received £466.457, mainly from grant funding. Expenditur& totalled £449,108
resulting in an excess of income over expenditure for the year of £17,349.
Fundin
The main Sour￿ 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 activities.
Reserves Poli
Reserves are held to cover any shortfall in income or to fund any unplanned expenditure on activity which the
Directors agree to pursue during the financial year. The IAS Reserves Policy allows the Charitable company
to cary forward up to a maximum of 15 % of Income received in any financial year to the next financial year,
which is currently the maximum of £69.969. Unrestricted reserves at 31 March 2025 amounted to £17,959.

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number". 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Icontd...
Pension
iabili
From l April 2010 the Charitable Company joined a defined contribution scheme, the Flexible Retirement Plan
with The Pensions Trust. Thera is no liability associated with this scheme.
al Fundi
urces
The principal source of funding for the Charitable Company is from grant funding. Expenditure during the year
had been planned and the income had been adequate to cover these commitments.
Goin
ncern
The Charitable Company undertakes an annual Risk Assessment. which gives careful consideration to factors
that may impact upon the ability of the Charitable Company to move forward as a going COn￿rn. including
business critical risks. The most re￿nt assessment had given Directors confidence that any risks had been
sufficiently mitigated. Directors are confident the Charitable Company is a going concern.
Struct
overnance 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
minimum of three Directors. The Directors meet three times per year.
The Directors of the company are also charity trustees for the purpose of Charity law. New members of the
Board are appointed by the Ch2ritable Company 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.
ecruitment of Boa
f Directors
Three of the Directors were appointed from the trustee body of Alliance House Foundation; it hes been agreed
that the other three would be recruited from professionals from the alcohol policy field. The Directors were
appointed for their relevant Charitable Comp2ny professional skills particularly in the field of research and their
interest in alcohol issues. The Charitable Company 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 Induct.
nd Trainin
All Directors are conversant with the day-to-day practical work of the Charitable Company and Directors are
kept up to date with developments in the charitable sector.
Upon appointment all Directors attend an induction meeting where their obligations under charity and
company law are explained. Directors are supplied with the Charity Commission W@Icome Pack, the guide
"The Essential Trustee" and details of the Charity Commission guidance on public benefit. In addition,
Directors are supplied with copies of the Memorandum and Articles of Association and the latest copy of the
annual report and financial statements. Directors a￿ invited to attend a regular strategic planning event, the
latest of which had been held in London in December 2022, the next strategy meeting is planned to take place
in London in November 2025.
All Directors give their time voluntarily and receive no benefits from the Charitable Company. Any expenses
reclaimed from the Charitable Company are set out in note 10 of the financial statements.

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number: 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Icontd...
Risk Mana
ement
The Charitable Company has conducted a review of the major risks to which the Charitable Cornpany is
expos@d using guidance produced by the Commission. This will be an ongoing process of assessing the
types of risk facing the Charitable Company and identifying the means of mitigating those risks. The
Charitable Company maintains a risk register and internal control risks are minimised by the application of its
internal procedures.
anisational
cture
The Directors delegate the day-to-day management of the Charitable Company to the IAS Chief Executive.
The Directors take decisions at their meetings or, when urgent decisions are necessary, the Chief Executive,
in consultation with the Chair. makes these. The next meets'ng 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 of a remuneration committee and are
not themselves remunerated.
IAS follows a remuneration policy with agreed pay scales, which compfise four levelsl job grades with salary
bands linked to core competencses and representative work activities. The IAS Chief Executive is placed on a
spot salary outside these pay sc21es. The policy outlines three mechanisms whereby staff may be awarded a
salary increase: the IAS Annual Pay Award. exceptional perf0rrnan￿ against agreed objectives and
promotion. The Remuneration Committee meets at least once every 12 months to determine any salary
adjustments. based on the criteria outlined in the ￿muneratIon policy.
With effect from 1 April 2024, the committee detemiined that there should be an Annual Pay Award of 40/0
together with a number of revisions to the IAS Staff Handbook.
Employees also received pension contributions equivalent to 14.50/0 of gross salary with employees
contributing 7.5DA.
Reference and Adm"
istrative infomi
on
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.
Dlrectors - who served during the pèriod 1 April 2024 to date:
Dr Peter M. Rice
Reverend Dr Janet E. Tollington
Professor Linda C. Bauld
Mr Michael D. Carr
Professor Julia M.A. Sinclair
Rever8nd Dr Stephen F. Skuce
Ms A ice K. Wis@m2n
Chair
VI￿ Chair, RC & IAC
(resigned 15 November 2024)
RC&IAC
(appointed 15 November 2024)

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number: 1112671
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Icontd...
ecreta
to the Bo
rd of Directors
Mr Paul R. Whitaker
istered Office
Canopi Building. 82 Tanner Street, London. England, SE13GN
nior Mana
Team
Dr Katherine R. E. Severi, Chief Executive of IAS
Auditor
Kingston Burrowes Audit Ltd, 308 Ewell Road, Surbiton, Surrey. UK Iff6 7AL
ankers
National Westminster Bank PLC, PO Box 3038, 57 Victoria Street London, SW1H gNH
olicitors
Lee Bolton Monier Williams, 1 The Sanctuary, Westminster, London, SW1W OLS
Bo
rd of Directors
A resolution to re-appoint Reverend Dr Stephen F. Skuce, who retires by rotation and will put himself forward
for r&election, will be considered at the annual general meeting.
Dire
ors, Res
onsibilities Statement
The Directors (who are also trustees of Institute of Alcohol Studies for the purposes of charity law) are
respor15ible for preparing the Directors, Annual Report and the financial statements in accordance with
appliczble 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. Under company
law the Directors must not approve the financial statements unless they are satisfied that they 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 inct)me 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 consistently.
observe the methods and prtnciples in the Charities SORP 2019 (FRS 102).
make judgements and esb"mates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to prèsume that
the charitable company will continue in operation.
The Directors are responsible for keeping adequate accounting records that disclos8 Wlth reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that the
financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the
asset5 of the charitable company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.

INSTITUTE OF ALCOHOL STUDIES
Company Number: 5661538
Charity Number: 1112671
DIRECTORS, REPORT
FOR THE Y&4R ENDED 31 MARCH 2025
Icontd...
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.
A resolution to re-appoint Kingston Burrowes Audit Ltd as Auditor of the Company will be put to the Annual
General Meeting.
Exem
ion 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.
Approved and signed on behalf of the Board.
Dr Peter M, Rice
Chair
6 November 2025

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF..
INSTITUTE OF ALCOHOL STUDIES
Opinion
We have audited the financial statements of Institute of Alcohol Studies (the 'charitable company,) for the year
ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement
of Cash Flows, and notes to the financial statements. including a summary of significant accounting polici8S.
The financial reporting framework that has been applied in their preparation is applicable Saw arTd United
Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland (United Kingdom Generally AC￿pted Accounting
Practice)-
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its
incoming resources and application of reSoUr￿s, including its income and expenditure, for the year then
ended.
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 accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law.
Our responsibilities under those standards are further desGribed in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company 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 relatlng to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with raspect to going con￿rn are described in the
relevant sections of this report.
Other information
The other infomiation comprises the information included in the Directors, report. other than the financial
statements and our auditor's report thereon. The Directors are responsible for the other information. 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 oth8r information and,
in doing so, consider whether the other information is materially inconsistent with the financial statements. or
our knowledge obtained in the course audit or otherwise appears to be materially misstated. If we identify
such material inconsistencies or apparent material misstatements, we are required to determine whether this
gives rise to a material misstatement in the financial statements themselves. If. based on the work we have
performed, we conclude that there is 3 material misstatement of this other information, we are requirad to
report that fact.

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF:
INSTITUTE OF ALCOHOL STUDIES
l¢ontd..
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the ojurse of the audit:
the infomiation given in the trustees, report, which includes the Directors. report prepared for the
purposes of company law, for the financial year for which the financial statements are prepared is
consistent with the financial statements,. and
th8 Directors, report included within the trustees, report has been prèpared in accordance with applicable
18gal requirem8nts.
Matters on which we are required to report by exception
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 included within the
trustees, ￿pOrt.
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 returns adequate for our audit have not been
received from branches not visited by us" or
the financial statements are not in agreement with the acLY>unting records and retums; or
certain disclosures of Directors, remuneration specrfied by law ara not made,. or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitled to prepare the financial statements in accordan￿ with the small comp8nies'
regime and take advantage of the small companies, exemptions in preparing the Directors, report and
from the requirement to prepare a strategic report.
Responsibllltles of Directors
As explained more fully in the Directors, responsibilities statement set out on pages 6 and 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 stataments and for being satisfied that they give a true and fair view, and for such
internal control as the Directors determine is ￿e￿ssary to enable the preparation of financial ststements that
ar8 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 altemative but to do so.
Audltor's responsibilities for the audit of thè financial 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 auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in
accordan￿ with ISAS (UK) will always detect a material misstatement when it exists.

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF..
INSTITUTE OF ALCOHOL STUDIES
Icontd...
Misstatements can arise from fraud or error and are considered materi81 if. individually or in the aggregate,
they could reasonably be expected to intluence the ecorsomic decisions of users taken on the basis of these
financial statements.
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
Ir￿gU12r1ties, including fraud. The specific procedures for this engagement and the extent to which our
procedures are capable of detecting irregularities. including fraud is detailed below=
Enquiry of management and those charged with governan￿ about actual and potential litigation or
claims and the identr'fication of non-compliance with laws and regulations.
Reviewing minutes of meetings of those charged with governance.
Reviewing financial statement disclosures and testing to supporting documentation to assess
compliance with applicable laws and regulations.
Auditing the risk of managemerTt override of controls, induding testing journal entries and oth@r
adjustments for appropriateness" assessing whether the judgements made in making accounting
estimates are indicative of a potential bias., and evaluating the business rationale 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 material misstatement in the financi81 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 financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional Con￿alment, 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: www.frc.org.uklauditorsresponsibilities. This description forms part of our
auditor's report.
Use of our report
This report is made solely to the charit8ble 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 that we might state to the
charitable company's members those matters we are required to state to th@m in an auditor's report and for no
other purpose. To the ftjllest 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 BA FCA CTA (Senior Statutory Auditor)
For and on behalf of Kingston Burrowes Audit Ltd
Statutory Auditors
308 Ewell Road
Surbiton
Surrey
KT6 7AL
11 November 2025
10

INSTITUTE OF ALCOHOL STUDIES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Notes Unrestricted Restricted
Funds
Funds
Totsl
2025
Total
2024
Income from:
Donations and grants
Charitable activities
Other Income
Investments- Bank interest
373,855
92,074
465,929
579,631
27
392
136
392
136
72
Total
374,383
92,074
466.457
579,730
Expenditure on:
Charitable activities
357,034
92,074
449.108
579,630
Net Incomel(expendltura)
17,349
17,349
100
Transfers betwean funds
Net movement in funds
14
17,349
17.349
100
Reconciliation of funds
Total funds bought forward
14
610
610
510
Total funds carried forward
14
£17.959
£Nil
£17,959
£610
The Statement of Financial Activities includes all gains and losses recognised during the year.
All income and expenditure derive from continuing activities.
The notes on pages 14 to 20 form part of these Financial Statements.
11

INSTITUTE OF ALCOHOL STUDIES
BALANCE SHEET
AS AT 31 MARCH 2025
Notas
2025
2024
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
50,643
1,513
51,397
4,952
52,156
56,349
LIABILITIES
Creditors: Amounts falling due
within one year
13
34,197
55,739
NET ASSETS
£17,959
£610
Repr6sented by:
FUNDS
Restricted Funds
Unrestricted Funds
14
14
17.959
610
£17,959
£610
These Financial Statem8nts have been prepared in accordance with the speGial provisions of Part 15 of the
Cornpanies Act 2006 relating to small companies.
Approved by the Board of Directors on 6 November 2025.
Dr Peter M. Rice
Chair
Signed on behalf of the Board
The notes on pages 14 to 20 form part of these Financial Statements.
12

INSTITUTE OF ALCOHOL STUDIES
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Cash flows from operating activities
Net incomel(expenditure) for the reporting period (as per
statement of financial activities)
Adjustments for:
Investment income - Interest receivable
(Increase) I decrease in debtors
Increase l (decrease) in creditors
17,349
100
(136)
754
(21.542)
(72)
7,691
(5.6541
Net cash pmvided by/ (used in) operating activities
(3,575)
2,065
Cash flows from investing activities
Investment income - Interest received
136
72
Net cash provlded by/ (used in) Investing activities
136
72
Change in cash and cash equivalents In the reporting period
(3,439)
2,137
Cash and cash equivalents at the beginning of the reporting
period
4.952
2.815
Cash and cash equivalents at the end of the reporting period
£1,513
£4.952
Analysis of cash and cash equivalents
2025
2024
Cash at bank and in hand
£1,513
£4,952
The notes on pages 14 to 20 form part of these Financial Statements.
13

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
General infomiation and basis of accounting
Institute of Alcohol Studies is a registered charity (no. 1112671) and private company limited by
guarantee (no. 5661538), incorporated in Great Britain and registered in England and Wales. In the event
of the Charitable Company 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 Administrative Details in the Directors,
Report on page 6.
The Charitable Company constitutes a public benefit entity as defined by FRS 102.
The financial statements have been prepared in accordan￿ with Accounting and Reporting by Charities:
statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporbng 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
IFRS 102). the Charities Act 2011. the Companies Act 2006 and UK Generally Accepted Accounting
Practice.
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 othe￿iSe stated.
Income recognition
Items of income are recognised in the financial statements when all of the following criteria are met:
The Charitable Company has entitlement to the funds.
any performance conditions have been met or are fully within the control of the Charitable Company.
there is sufficient certainty that 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 probab5e that settlement will be required and the amount can be measured reliably.
Expenditure includes those costs of a direct nature which can be allocated to a specific activity. It also
includes indirect costs defined as administration. including administration sa18ries, office rent and other
office expenses, together with governance costs that do not relate to a specific activity but are necessary
to support those activities. Support costs are apportioned to each activity on the basis of staff time.
Fund accounting
Unrestricted general funds are freely available for use in furtherance of the objects of the Charitable
Company and which have not been designated for specific purposes.
Designated funds are unrestricted fijnds set aside by the Directors for particular purposes.
Restricted funds are frjnds which can only be used in accordance with spectfic r&strictions imposed by the
donor or which have been raised for a particular purpose.
Pensions
The Charitable Company operates a defined contribution pension scheme. Contributions payable under
the scheme are charged to the Statement of Financial Activities in the year to which they relate.
Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded
at 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 2025
Icontd...
Leases
Operating lease rentals are charged to the Statement of Financial Activities on a straight-line basis over the
period of the lease.
DONATIONS AND GRANTS
Unrestricted Restricted
funds
Funds
Tot81
2025
Total
2024
Grants
Alliance House Foundation
Cancer Research UK
British Academy Research Project
Spectrum Project
Vital 5 Project
Balance North East Project
Alcohol Health Alliance
Donations
Alcohol Health Alliance
Estate of Oliver Davies
Sundry donation
353,841
353,841
30.000
464,722
29,619
17,035
2,500
7,150
9,500
22,312
30,000
10,000
10,000
22,312
22,312
29,762
29,762
20,000
14
26.793
20,000
14
£373,855
£92,074
£465,929
£579,631
Of the £579,631 recognised in 2024, £464.722 related to unrestricted funds and £114,909 related to
restricted funds.
OTHER INCOME
Unrestricted Restricted
funds
funds
Total
2025
Total
2024
Other income
27
£Nil
£Nil
£Nil
£27
All of the £27 recognised in 2024 related to unrestricted funds.
EXPENDITURE ON CHARITABLE
ACTIVITIES
Direct
costs
(Note 5)
£361,858
Support
costs
(Note 6)
£87,250 £449,108
Total
2025
Total
2024
Research and dissemination
£579,630
Of the £579,630 expenditure recognised in 2024. £464,721 was charged to unrestricted funds and
£114.909 was charged to restricted funds.
15

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Icontd...
ANALYSIS OF DIRECT COSTS
2025
2024
Wages and salaries
Advisory panel
Travel, conferences and symposia
Website rèdesign and development
IT tnigration to SharePoint
Social Market Foundalion
Media Monitoring
Publications and subscriptions
295,075
8,000
5,242
366,398
8,000
8,885
8,500
4,793
13,000
5,164
35,377
4,819
6,009
£361,858
£407,404
ANALYSIS OF SUPPORT COSTS
2025
2024
Wages and salaries
Staff training and recruitment
Off ice rent & service charge
Office costs
IT and computer costs
Governance costs (see Note 7)
22,069
2,068
33,463
15,392
11,299
2,959
20.385
7,315
100,180
28,073
17,014
(741)
£87,250
£172,226
GOVERNANCE COSTS
2025
2024
Audit fees and related costs- current year
Audit fees Over-provision in previous years
Directors. meetings
Trustees, Indemnity Insurance
1,810
2,040
(3,670)
889
988
161
£2,959
£(741)
NET INCOMEI(EXPENDITURE) FOR THE YEAR
2025
2024
This is stated after charging:
Auditor's remuneration - audit services
Operating Lease Rentals
£1,810
£23,343
(£1,630)
£6,903
16

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Icontd...
STAFF COSTS AND NUMBERS
2025
2024
Salaries
Social security costs
Pension costs
Other costs
244,911
21,842
27,528
794
325,367
27,658
33,130
628
£295,075
£386,783
During the year 2025, one employee re￿1Ve￿ total employee benefits (excluding employer's national
insurance and pension costs) falling in the £80,000 £90.000 band. In 2024, one employee fell in the
£70,000 - £80.000 band.
The average number of employees based on full-time equivalents was 6 <2024: 7). The average
monthly number of employees was 612024: 8).
Total ernployee benefits re￿iVed by key management personnel amounted to £105,254
(2024: £105,595).
Employee benefits include salary, employer's national insurance, employer's pension contributions and
benefits in kind.
A sum of £22.029 has been re-charged from Alliance House Foundation for administration support and
is included in support costs (nota 6).
10. DIRECTORS, REMUNERATION AND EXPENSES
The Directors received no remuneration during either year. £988 (2024: £889) was reimbursed tolpaid
on behalf of six Directors (2024.. six) for attendance at Directors meetings in the year.
11. TAXATION
The Company has charitable status and is therefore exempt from Corporation Tax on its charitable
activities.
12. DEBTORS
2025
2024
Trade debtors
Prepayments
Other debtors
Amount owed from related undertaking
10,930
18,162
17,871
3,680
23,093
23,583
4,722
£50.643
£51,397
17

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
IGontd...
13. CREDITORS: Amounts falling due within one year
2025
2024
Trade Creditors
Accruals
Taxation and social security
Other Creditors
Amount owed to related undertaking
Deferred Income
9,000
14.290
7.277
11,313
3.430
4,722
40.996
3,630
£34.197
£55,739
Analysis of deferred income
Balance
brought
forward
Additions
Released
in the year to Income
Balance
carried
forward
Funds received in advan
£Nil
£3,630
£Nil
£3,630
Funds received in advance for the following accounting period are recognised as deferred income.
14. MOVEMENT IN FUNDS
Balance
at
1 April
2024
Balance
31 March
2025
2025
Income
Expenditure
Transfers
Restricted funds
Aloohol Health Alliance Project
Cancer Research UK
Vital 5 Project
52,074
30,000
10.000
52,074
30,000
10,000
92,074
92,074
Unrestricted Funds
General funds
610
374,383
357,034
17,959
£610 £466.457 £449,108
£Nil
£17,959
18

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Comparative information for the previous financial year is as follows:
Balance
at
1 April
2023
Balance
at
31 March
2024
2024
IncA)me
Expenditure
Transfers
Restricted funds
Alcohol Health Alliance Project
Cancer Research UK
Vital 5 Project
B81ance North East Project
Spectrum Project
Brttish Academy Research Project
49,105
29,619
7,150
9,500
2,500
17,035
49,105
29,619
7,150
9,500
2,500
17,035
114,909
114,909
Unrestricted Funds
General funds
510
464,821
464.721
610
£510 £579,730 £479,630
£Nil
£610
Restrlcted funds
1. AIcA)hol Health Alliance This fund is used to highlight to the public about the rising levels of alcohol-
related harm, propose evidence-based solutions to reduce the harm caused by alcohol and infiuence
decision-makers to take positive 8Ction to address alcohol ham.
2. Cancer Res8arch UK - This fund is used to deliver the policy and advocacy strategic goals of the
Alcohol Health Alliance through public affairs and campaigning initiatives.
3. Vital 5 project- This fund was used to deliver an eviden(* review of alcohol harm in South East
London and effective policy solutions.
4. Balance North East Project- This fund was used to conduct an analysis of the cost of alcohol harm in
the North East of England.
5. The Spectrum project fund was used to investigate the impact of the alcohol industry on academic
research publications via an analysis of conflicts of interest declaration in peer reviewed journals.
6. The British Academy Research Projects fijnds were used to investigate the impact of on-licensed
premises closures on rates of alcohol-related violence during the COVID-19 pandemic.
19

INSTITUTE OF ALCOHOL STUDIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Icontd...
15. RELATED PARTY TRANSACTIONS
Details of related party transactions during the year are as follows:
Name of related party
Natur• of
relationship
Transaction
details
Amount
Balance
2025
Alliance House Foundation
Connected
Charitable Company
Grant
funding
353.841
3,680
Alliance House Found2tion
Connected
Charitable Company
Rent
payable
5,292
2024
Alliance House Foundation
Connected
Charitable Company
Grant
funding
464,722
(40,996)
Alliance House Foundation
Connected
Charitable Company
Rent
payable
63,500
16. CONTINGENT ASSETS
The total amount of grant funding awarded but not recognised as income is £530,904 (2024.. £489.634).
These funds relate to the fijture financial years.
17. OPERATING LEASE COMMITMENTS
2025
2024
Future minimum rentals payable under nOn-Can￿lIable operating leases are as follows:
Within one year
Within two to five years
7,650
6,270
£7,650
£6,270
18. CONTINGENT LIABILITIES
The total amount of grant funding allocated to projects but not recognised as expenditure is £14,859
(2024: £Nil). These funds relate to the next financial year.
20