|r h
n|I NA|||| |---|---|---|---|---| ||||Page|| |Report ofthe Trustees||I|to|6| |Independent
Examiner's
Report||||| |Statement ofFinancial Activities||||| |Balance Sheet||9|to|10| |Cash Flow Statement||||| |Notes tothe Cash Flow Statement|||12|| |Notes to the Financial Statements||13|to|19| |Detailed Statement ofFinancial Activities||20|to|21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Policies:|| |---|---| |-ARTP Articles ofAssociation.|| |-ARTP Code|of Conduct.| |- Declaration|of Interests.| ## ## ## ## ## ## ## ## ## |||||for|the
ear en|ded 31 MARCH|2023||| |---|---|---|---|---|---|---|---|---|---| |||||||||2023|2022| |||||||Unrestricted|Restr icted|Total|Total| |||||||fund|funds|funds|funds| ||||||Notes||||E| |INCOME|AND|ENDOWMENTS||FROM|||||| |Donations|and legacies||||||3,000|3,000|3,000| |Charitable|activities||||||||| |Conference|and education|||||656,371||656,371|164,399| |Other trading
activities||||||231,570||231,570|149,851| |Investment|income|||||817||817|221| |Total||||||888,758|3,000|891,758|317,471| |EXPENDITURE||ON|||||||| |Charitable|activities||||6||||| |Conference|and education|||||811,926||811,926|291,239| |Other|||||||||4,837| |Total||||||811,926||811,926|296,076| |NET INCOME||||||76,832|3.000|79,832|21,395| |RECONCILIATION|||OF FUNDS||||||| |Total funds|brought|forward||||348,061|5,468|353.529|332,134| |TOTAL FUNDS||CARRIED FORWARD||||424,893|8,468|433,361|353,529| ## |||||2023|2022| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||fund|funds|funds|funds| ||Notes|||6|6| |CURRENT ASSETS|||||| |Stocks|II|1,457||1,457|1,489| |Debtors|12|145,990||145,990|186,976| |Cash at bank||341,547|8,468|350,015|312,821| |||488,994|8,468|497,462|501,286| |CREDITORS|||||| |Amounts
falling due within one year|13|(64,101)||(64,101)|(147,757)| |NET CURRENT ASSETS||424,893||433,361|353,529| |TOTAL ASSETS LESSCURRENT|||||| |LIABILITIES||424,893|8,468|433,361|353,529| |NET ASSETS||424,893|8,468|433,361|353,529| |FUNDS|14||||| |Unrestricted
funds||||424,893|348,061| |Restricted
funds||||8,468|5,468| |TOTALFUNDS||||433,361|353,529| ## ## ## |||||or the
ear ended 3|1 MARCH 2023|| |---|---|---|---|---|---|---| ||||||2023|2022| |||||Notes||| |Cash flows from|operating||activities|||| |Cash generated
from operations|||||36,377|57,016| |Net cash provided|by operating||activities||36,377|57,016| |Cash flows from|investing|activities||||| |Interest received|||||817|221| |Net cash provided|by investing||activities||817|221| |Change
in cash and cash equivalents||||in the||| |reporting
period|||||37,194|57,237| |Cash and cash equivalents||at the beginning||||| |ofthe reporting|period||||312,821|255,584| |Cash and cash equivalents||at the end||of||| |the reporting
period|||||350,015|312,821| ## ## |T|T|HE ASSOCIATION
FOR RESPIRATORY
NOLOGY AND PHYSIOLOGY
Notes to the Cash Flow Statement
for the
ear ended 31 MARCH 2023|HE ASSOCIATION
FOR RESPIRATORY
NOLOGY AND PHYSIOLOGY
Notes to the Cash Flow Statement
for the
ear ended 31 MARCH 2023||| |---|---|---|---|---|---| |RECONCILIATION
OF NET||INCOME TO NET CASH FLOW FROM||OPERATING ACTIVITIES|| |||||2023|2022| |Net income for the reporting||period (as per the Statement|ofFinancial||| |Activities)||||79,832|21,395| |Adjustments
for:|||||| |Interest received||||(817)|(221)| |Decrease/(increase)|in stocks|||32|(145)| |Decrease/(increase)|in debtors|||40,986|(70,477)| |(Decrease)/increase|in creditors|||~83,656|106,464| |Net cash provided|by operations|||36,377|57,016| |2.|ANALYSIS OF CHANGES IN NET FUNDS|||| |---|---|---|---|---| |||At 1.4.22|Cash flow|At 31.3.23| |||6||| ||Net cash|||| ||Cash at bank|312,821|37,194|350,015| |||312,821|37,194|350,015| ||Total|312,821|37,194|350,015| ## ## ## ## ## ## ## ## ## |2.|DONATIONS|DONATIONS|AND LEGACIES|||| |---|---|---|---|---|---|---| ||||||2023|2022| ||Donations||||3,000|3,000| |3.|OTHER|TRADING ACTIVITIES||||| ||||||2023|2022| ||||||6|| ||Courses||||175,885|102,655| ||Memberships||||55,685|47,196| ||||||231,570|149,851| |4.|INVESTMENT||INCOME|||| ||||||2023|2022| ||||||6|6| ||Bank interest receivable||||817|221| |5.|INCOME|FROM CHARITABLE ACTIVITIES||||| ||||||2023|2022| ||||||Conference|| ||||||and|Total| ||||||education|activities| ||||||6|| ||Sales ofgoods and services||||656,371|164,399| |6.|CHARITABLE||ACTIVITIES COSTS|||| |||||Direct|Support|| |||||Costs (see|costs (see|| |||||note 71|note 8)|Totals| |||||6||| ||Conference|and education||510,197|301,729|811,926| ## ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| |||||||||6|6| |Cost ofcharitable|||activities|||||59,644|44,008| |Venue costs||||||||156,519|5,957| |Travel and|hotels|||||||251,893|5,112| |Input VAT|partial||exemption||adjustment|||42,141|| |||||||||510,197|55,077| |SUPPORT||COSTS|||||||| |||||||||Governance|| |||||||Management|Finance|costs|Totals| |Conference||and education||||257,865|10,432|33,432|301,729| |Support costs, included||||in the|above, are as follows:||||| |ManageMent|||||||||| |||||||||2023|2022| |||||||||Conference|| |||||||||and|Total| |||||||||education|activities| |||||||||6|6| |Secretarial|support||costs|||||233,349|193,888| |Computer|costs|||||||21,143|3,518| |Postage and stationery||||||||3,373|2,776| |||||||||257,865|200,182| |Finance|||||||||| |||||||||2023|2022| |||||||||Conference|| |||||||||and|Total| |||||||||education|activities| |||||||||6|| |Bank charges||||||||10,432|8,169| ## ## ## ## |SUPPORT
Governance|COSTS - continued
costs||| |---|---|---|---| |||2023|2022| |||Conference|| |||and|Total| |||education|activities| |Sundries||100|II| |Accountancy|and legal fees|5,139|4,837| |Legal fees||28,193|27,800| |||33,432|32,648| ## ## ## |COMPAR|ATIVES F|OR THE ST|ATEMENT OF FINA|NCIAL ACTIVITIES||| |---|---|---|---|---|---|---| |||||Unrestricted|Rescricted|Total| |||||fund|funds|funds| |INCOME|AND ENDOWMENTS||FROM|||| |Donations|and legacies||||3,000|3,000| |Charitable|activities|||||| |Conference|and education|||164,399||164,399| |Other trading
activities||||149,851||149,851| |Investment|income|||221||221| |Total||||314,471|3,000|317,471| |EXPENDITURE ON||||||| |Charitable|activides|||||| |Conference|and education|||288,524|2,715|291,239| |Other||||4,837||4,837| |Total||||293,361|2,715|296,076| |NET INCOME||||21,110|285|21,395| |RECONCILIATION||OF FUNDS||||| |Total funds|brought
forward|||326,951|5,183|332,134| ## ## ||||O
TECHNOLOGY AND PHYSIOLOGY
Notes to the Financial Statements
-continued
fort e
a|O
TECHNOLOGY AND PHYSIOLOGY
Notes to the Financial Statements
-continued
fort e
a|O
TECHNOLOGY AND PHYSIOLOGY
Notes to the Financial Statements
-continued
fort e
a||| |---|---|---|---|---|---|---|---| |10.|COMPARATIYES FOR||THE STATEMENT OF FINANCIAL ACTIVITIES -|||continued|| ||||||Unrestricted|Restricted|Total| ||||||fund|funds|funds| ||||||6|6|6| ||TOTAL FUNDS CARRIED FORWARD||||348,061|5,468|353,529| |II.|STOCKS||||||| |||||||2023|2022| |||||||6|| ||Stocks|||||1,457|1,489| |12.|DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR||||| |||||||2023|2022| |||||||6|6| ||Trade debtors|||||116.087|152,339| ||YAT||||||17,476| ||Prepayments|and accrued income||||29,903|17,161| |||||||145,990|186,976| |13.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||| |||||||2023|2022| |||||||6|6| ||Trade creditors|||||25,004|18,$42| ||VAT
Other creditors|||||11,932
2,042|1,507| ||Accrued expenses|||||25,123|127,408| |||||||64,101|147,757| |IJI.|MOVEMENT IN FUNDS||||||| |||||||Net|| |||||||movement|At| ||||||At 1.4.22|in funds|31.3.23| ||Unrestricted|funds|||||| ||General
fund||||348,061|76,832|424,893| ||Restricted
funds||||||| ||Educational
Bursary
Lyn Davies||||4,193
1,275|3,000|7,193
1,275| ||||||5,468|3,000|8,468| ||TOTAL FUNDS||||353,529|79,832|433,361| ## ## ## |MOVEMENT|IN FUNDS - co|IN FUNDS - co|ntinued|||||| |---|---|---|---|---|---|---|---|---| |Net movement|in funds, included||in the above|are as follows:||||| ||||||Incoming|Resources|Movement|| ||||||resources|expended|in funds|| |||||||6||| |Unrestricted|funds|||||||| |General
fund|||||888,758|(811,926)||76,832| |Restricted funds||||||||| |Educational
Bursary|||||3,000|||3,000| |TOTAL FUNDS|||||891,758|~811,926)||79,832| |Comparatives|for movement||in funds|||||| |||||||Net||| |||||||movement||At| ||||||At 1.4.21|in funds|31.3.22|| |||||||||6| |Unrestricted|funds|||||||| |General
fund|||||326,951|21,110|348,061|| |Restricted funds||||||||| |Educational
Bursary|||||3,908|285||4,193| |Lyn Davies|||||1,275|||1,275| ||||||5,183|285||5,468| |TOTAL FUNDS|||||332,134|21,395|353,529|| |Comparative
net movement||in funds, included||in the above are as follows:||||| ||||||Incoming|Resources|Movement|| ||||||resources|expended|in|funds| |Unrestricted|funds|||||||| |General
fund|||||314,471|(293,361)|21,110|| |Restricted funds||||||||| |Educational
Bursary|||||3,000|(2,715)||285| |TOTAL FUNDS|||||317,471|296,076|21,395|| ## ## ## ## |||2023|2022| |---|---|---|---| |INCOME AND ENDOWMENTS|||| |Donations
and legacies|||| |Donations||3,000|3,000| |Other trading activities|||| |Courses||175,885|102,655| |Memberships||55,685|47,196| |||231,570|149,851| |Investment
income|||| |Bank interest receivable||817|221| |Charitable
activities|||| |Sales ofgoods and services||656,371|164,399| |Total incoming resources||891,758|317,471| |EXPENDITURE|||| |Charitable
activities|||| |Cost ofcharitable
activities||59,644|44,008| |Venue costs||156,519|5,957| |Travel and hotels||251,893|5,112| |Input VAT partial exemption|adjustment|42,141|| |||510,197|55,077| |Support costs|||| |Management|||| |Secretarial support costs||233,349|193,888| |Computer
costs||21,143|3,518| |Postage and stationeiy||3,373|2,776| |||257,865|200,182| |Finance|||| |Bank charges||10,432|8,169| |Governance
costs|||| |Sundries||100|II| |Accountancy
and legal fees
Carried forward||5,139
5,239|4,837
4,848| ## |2023|2022| |---|---| |5,239|4,848| |28,193|27,800| |33,432|32,648| |811,926|296,076| |79,832|21,395|