## EL institute of Licensing 

The Institute of Licensing is a charitable company limited by guarantee, constituted as a not for profit organisation. Company Reg. No. 4884548 Charity Reg. No. 1117942 

Annual Trustee Report 2023/24 

www.instituteoflicensing.org _Promoting Excellence in Licensing_ 



IIEGISTEEIED COMPANY f4uMBER." 0488454Y (England and Wales)
REGISTERED CHARITY NUMBER: 1117942
R¢
ort of tlie Triisl¢es and
FinfineiAI SIAlemeiils for the Year Ended 31 Marcli 2024
for
The Inslilute of Lieeiisin
Lin) ited b rantee
Riclic1rd Siiiedley Llllllted
Cliartei'ed Accoiiiitlc Ills & Registered Aiidiloi's
Ricliiiioiid Hoiise
Lil Il'llSiVOO(l Biisiness Pc1rk-
Redveis Close
Leeds
Wesl Yoi'ksliii-e
LS16 6QY

Tlie Institute of Lic¢nsiJi
Liniited b CIFaraiite¢
Coiitents of tlie Fiiixncial Stntenients
for tlie Year Elided 31 Mai'cli 2024
Page
Report of tlie Ti'ustees
lildependent Ixaniiner's Report
10
Stateiiieiit of Financial Actii'itie5
Balaiice Slieet
12 10 13
Notes to tlie Fiiiancial St&teineIils
14 to 18
Detailed Slnteiiieiit of Financilll Aelii'ities
19

Tlle Iiistitiite ol. Licensiii
Liiiiiled b GiiarAntee
ort or tlle Tnistees
foi. tlie Year Ended 31 Mai'cli 2024
The Inistees ivho are also directors of the charity for the piirposes of the Coiiipanies Act 2006, present their report ivith
Ilie financial stateTJienls of the ch1( rity foi. tlie )iear ended 31 Marcli 2024. The Iriisiees l)¢2ve adopted the provisions of
Accounting and Repoiting by Cliarilies.. Sl¢ilenient of Reconimended Pnclice applicable lo charities prep<lring their
accoiinls in accordance ii'ilh ihe Finaiici&l Reportinu SiandÉ?rd applicable in the UK and Repiiblic of Irel¢1nd (FRS 102)
(effeclive l Janiiary 2019).
REFERENCE AND ADMINISTRATIVE DETAILS
Regist¢red Coil) paii}' niiiii b¢i'
04884548 (Eiigland and WHles)
Rogislere(I Charit), niimber
1117942
Registei'ed offiee
Ridgeii'il),
Upper Milton
Wells
Soin¢rset
BA5 3AH
Triistees
S P Fitzgerald
P J Andreiys
D l Liicas
J S Colliiis
S Clover
G S Graiil
J Ciii)iiiiigliai)I
T Sliield
T Brzozoivski (appointed 13.9.2023)
M Phillips
D Davies {i'esigned 1.4.2024)
J Garforili (tysigiied 6.7.2023)
S J McGoiN'aii
G Hiiglies
L J Can]ioii
F Weiizel {resib>ned 17.4.2023)
S A Brooii)e
L Driscoll
M V Bigiiell {appoiiiie(117,4.2023)
K Nicliolls OBE (11ppoiiiled 1.4.2024)
Coinpnii). Seci-elaij,
S Nelson
liiilepeJ)(lenl liaili iiiei.
Riclicll'd Siiieille).
Ricliard Siiiedle), Liiiiile(I
Cliai'tered Accoiiiil411I15 & RebJisterLd Aiidilors
Ricl)ii)oiid Hoiise
Laii'nsi%'ood Blisiiiess P1( I'k.
Redvers Close
Leeds
West Yorksl)ire
LS16 6QY

Tlie Iiistiliite of Lieeiisiii
Liiii ite(I bi, Gli￿21.￿1)1ee
)orl of tlie Triistees
foi. tlie Yeai. Eii(leil 31 MAr¢li 2024
OBJECTJVIS AND ACTIVITIES
Tlie Iiisliliile of Liceiisiiig, (loL) is Ilie professioiicil bod), lor liceiisiiig pi'lc cliiioii¢fs <1CI-05s Ilie Uk, ii'iil) ii)eii)bersliips
dei'ived fi'oiii Ioc1<11c Iilli()rilies, i)oliLe, iiidLisIry' < lid privc11e i)i'actiLe. TIIL loL's area5 C)t iiileresl coiicerii i)IibliL
Tl)e cl)li I'il<iblL obji'ciivLs of Ilie loL are foi. Ilie bLiiefil of11)e Pliblic <iiid 1¢ I'e COllC¥l-Ii¢il ii'iili ediic11 lioii iii liceiisiiigr 1< lid
rLg?Iil(Ilor)' IILI(Is, Illl(1 11)e 1( Pl)Iic1( lioii l (ILv¥loi)iiiciil of IicLiising, l¢llN'S lo pi'oi?iolLI IIIL l)revLiilioii of criiiie, disoiilcr 21 lid
i'iclei. objectives.
Iii sli<1ping Olir i)bjcclii'cs (11)d pl(?i)IiiiigF 1( Llivilies, IIIL Triislecs Ii<ll'¢ l)Iid rc'gic rd lo Ilie C1111 ril), Coiiiiiii%%ioii'.% gJLiid(?IiLC
01) Pliblic b¢iielils Éqll(I t.e¢ ¢1i¢l1'gJiiig. lol. reg?iOll(11 iiieeliiigjs <l1-e Iioi'lllc111)' pi'ovide(I frLL of cl)(I1'&IL lo loL I)ILii)bifs, ¥ll)d
all oilier evei)l ai)d coiii'se fees <?fL set il'iili l< viei%' to Illc1k'iiigT Ii'<lllllll&l I2ccessible lo ii)eiiibi'i's ai)d ¢oiiip¢liiivL foi.
i)oii-ii)¢iiibers. Iii Colllpcqrisoii ii'ill) i)Icl1))' coiiiiiiei'ci<illy rLlI) Ir1[ iIIiII&F eveiils, Ilie loL Ii'c1iniiig fees al'e sig¥iiificaiill)' i)ioi'e
,?I'lord1( ble diie lo Ilie Ir49iiiiiig¥ ILLS sel.
Tlie loL is Coiiiii) illed lo IicLiisiiig 1£ S <7 l)rofLSSiOII, c111d Ilie Vill'ioils licei)Sill&T re&?IlllCS iiiid rLlI?led iiifi'asliiicliii'e.
Pl￿ 111)ei'sli ii) ii'oi-k iligT ai)d pi'ofessioii121 coi)11)IlllliC<ilioiis Ill'L kcj, iii 1c111¢ I'L'<)S, l)(I1-liciilqirlJ' iii I'elalioi) lo Ilie ell"eclive aiid
pro¢ocIive Ill¢lll¢lgp¢iiieiil ol. Il)¢ eveiiii)&i, i)iglil <21)(l (1(1)'IIiiiL LCOIIOI)IiLS.
'IIL lol. seek's lo posilivel>' iiilliieiice
coiivei's(Itioi)s aii(I i)I'oii)ole i)(I1'11i¢1'sl)ips (lirL'cIIy ii£l iii(lirL'cIIs' I'¥111 lcd lo licei)sin¥.
AClllI.:vr,Ml.:NTS AND I>I.;IIFOIIMANCr,
2023124 1)clii'ili' oi'¢i'i'ieii'
I I'(IlllillgJ <lclivily ov¢I'all Iliii'iiiby 2023124 coiiliiiiils lo sl)01¥' 1( slroiig perlori)l(IIICC ¢C)1111)94 r¢cl ii'iili pi'ei'ioiis )'L'<ll'S.
Tl)e coi))1)1( f<ltiYe Il'i( iiiiiib fiLTiires foi. Ili¢ l?¢ sl 5 )'Lai's (?fL' slioii'ii ii) IIIL 11¢ blL' 1¢ iicl cliai'l bLIoiv'.
2023124
2022123
2021122
2020121
2019120
National
. BTEC Coliorts
Cancelled events
l Free Webinars
Bespoke
R¢gioiial
68
Ill 62
57
10
56
57
ll 24
44
14
13
16
16
32
30
23
29
Total Eveiit Aetlvlly
120
102

Liiii iled b Giixi-iililee
oi't of Ilie Ti-iJstee5
for tli¢ Yeiii. F.iide(131 Mai-cli 2024
Tralnin8 and events historic comparisons
140
120
80
60
40
20
I ILJd,,Ji.J
2023124
2022123
202ty22
2020121
2019120
Nailonal
BTEC Cohorts
Cancelled events • Frne Weblnars
8espoke
Re8lonal
Total Event ACtI￿tV
rigriir¥ l .' Eveiils Flisloric Coii)P(1risoii (fii)(IIICi¢il s'e<llS I, Api'il- 31, Mai'cli)
1ccoiiii1)odi( lioi).
look i)Ic1C¢ i?1 Ili¥ AO Ai'Lllil iii Mic l)clILslLI' 01123r(l Ma). 2023. 1'1Iis li"
KC.
Iii Jiii)e 20?3, Ilie SLiiiiiiiei' I'r<lll)ii)g Coi)t"ei'ei)Le look. i)1li CU iii Ctqi'(lifi', lioslL'd b), IIIL Welsl) Il¢gp ioi) ai)d ii'illi kL)'
SI)L￿1k'LrS ill.,
TIIL II)Ilg ¢)Il'ciiliiig, Gclll)l)lii)g, Coiif¢i'L'IILL Ic)(Ik pli2CL c?1 IIIL I lii)i)oilroi)IL C(ISiI)o 111 l.oiicloii iii SLI)ILiiibLI' 2023, folloii'iiib,
illllll)g Coi)fLfLI)¢¢.
li) M(11111 ?024 1¢ Cl)Ilic l)i)I'<qlii'L' l%'LbiiiI21' ILi11111i'(I Ilie Blll."C, i)I'oviiliiibJ (?11 0111)orliiiiil)' foi. (iIILiideis lo l)Icll' fioiii BBFC
Fii)l( Ill., IIIL loL IioslL(l ils T7￿ li LicLiisiiig Coiit-erei)ce iii LLICLslei' ii) Mi11'clI 2024,1)ei¢ I'jllli li'oi)) f1¢ 1)1(IsIIc 1'1c iig?e of
'Ik-¢i's 011 (111 lllc111ei's i'elc11e(I 10 11( Ni liceiisiiib, ii)cliiclii)gy 1( I'ei'ieii. ol. Ilie 13esl l?r<lL licL Giii(1li IICL ISSIILLI b), Il)e Drr ii)
NovLI))bei' 2023.
Res0111'ces
Iii SL'I)Ic'ii)lier 2072, Ilie lol. IIo<ir(1 ¢1gJl'Led lo sl(11'1 I1'01'k- Ici f()1'1ii111<lli (i fj-I'L'411' Sir¢llegJic P11< 11 iii order to LsI(Il)lisli Ilie
of IliL lol. sli'iicliii'L%. I)I'OCLSSLS 1( 11(1 I'esoiii'cL5.
loi'k coi)l iiiiies ciii IIiL CIIM É11)cl ii'L'lisile i)I'()j¢cl. TIIL I)I-OjLcI ii'i11 see Ilie I'ep11( Cviiieiil ot" Ille eNis1iiiL) C"R Wl: iiilL'gir(Iled
rL¢oi'(Is Ill'e i)i'esei've(I loi- loL Iiieiiil)ei's c11)11 ciisloiiiei's.
LISLfs. <lll(I iiioi'e efticieiici. foi. Ilie lei( 11).
ie iieii- s!'sl¥l)) IS L.KI)L'cILIl lo i)roi.'i(IL iiiore l-liiiclioncilil!. foi.

l-lie Institiite ol Licejisiii
Liiii ile(I b ' Giiar&l Iltee
Ile
orl of tlle Triistees
foi. tlie YeqL I. liide(131 M41I'clI 2024
Meiii bei"sliip
Tlie Ic1ble beloii, illiisli'i( les tl)e iiieinbersl)ip perfoni)ionc¢ over Ilie last 5 years.
Full yearcomparison
5330
4977
4790
d523
4624
973
923
921
853
2023124
Q4
2022123
2021122
2020121
2019120
Member8hlp8 * Total people
l-IIL iiiiplLiiiLiilii lioii of IliL IiLii' CRM 1ii1¢11I111)1c 12023124 ITILli)bei'sliii) I'LIILII'(11s ii'cr¥ proc¢ss¥il ol'lliii¥ ii'iil) 111) Ilbilily
fi)I' ii)L'ii)IILf5 to I'LI)Cll' Vl<l IIIL l¥'Lbsile.
Coiil ii)IlL'LI LIii?l¢ IPLIIILIII ii'iili slc1ki.liolilLI'S IIIi'oLigli kc!. sliikLlioldLr g?roiii)s sci'ves Ili¢ lol. ii'LII iii eii¢1blii)gp lid i)IOlllOliiig
ai)(I Il)L N1( IioiiLII TIl.Xl (11111 PI'ivi11e l-l irL Licei)siiig Workii)g Gi'oiip (N-l-l)I I L WG).
Tlic &Jroiii)s coiiliiiiiL to iiiect regFiil(I1'1s', 1111( 11)l)' Ilii'oiigl) vii'liic111i)eeliiig> ari'cliisyeiiieiit5, <11Id iii doiiigi so l)I'iii¥J loo?¢iilier
IIIILI'gllllgY iSSLies lo&FLllILr ii'iili pr(1cIIc(Il soliili()iis ii'liere i)1)55iblL'. OvLf<il I, Iliesi bYI'OllPS l)Icl)'
Goi'ei'iiiii ciit ciigiigeiiieiit
,Ii Ilie slc1keliol(ler sbi'oiii)s I'L lei'i'e(110 1( l)OVi, Ilie lol. ¢iigil( gjes i%'iili (ill I'LILI'1K III
i5511e5.

Tlie liisliliite of Lieensiii
Liinited b Giiaraiitee
ort of tl)e Ti'ustees
ror tlie Year Eniled 31 Marcli 2024
Fiiture plans
Training, Pi'ofe5sio1ial Standards aiid Qiialificalions
In addition ro the training coiirses alrec1dy offered by tlie loL, tliere is poleiilial for nilicli niore coiirse kltid qiialificalioi)
developineiil. This ivill be 1( key topic to be addressed tht-ough tli¢ Groii'ih Reyieii, and SLLbseqiient Strategic Pl¢1n due
to tlie need to plan, prioritise and resoiii'ce course and qiialificalion developnienl.
Uiider discussion I planning..
Bilesize licensingi cour5e5 (inlrodiiclory).
Developiiient of a Scollisli PLPQ eqLiivalenl siibjecl to deniand 1¢ nd resoiirces.
Polentic11 qiialificatioii developinenl to nieet reqiiireinents of incoIi)ing licensing legislalioi? relating io
priinale licensiiig and other developiiients.
Practical training in relation to licensing inspections and eon)pliance ivork.
Specialist Licensing Apprenticeship
Level 3 and above qiialifLcations in all areas of licensing.
Higher level licensing qualificatioii (all 4reas) accredited by Ail'arding Body (level 4 and higher)
The developiiienl of police licensing iraining io address11)e r¢¢omniendations of Ihe Hoiise of Lords Select Coniiiiill¢e
folloiving its revieiv of the Lieeilsing Act 2003, saiv a change of direction, Iviih a Level 4 course developed Ilii'ough Ilie
Police Crinie Preveiiiion Initiative, This is a police oivned organisalion. The course launched in Jiily 2023.
Tjie loL has refociised ils oivn ivork in this area Iviili fiirilier developiTient plaiined for 2024125,
There is no iyiaTidli le or minuiiuiii sland¢ird ciirrenily for CoLincilloi' Training, despite the scrutiny by Ilie Hoiise of Loi'd
Liaisoii Coiniiiillee ii'iih Ilie folloiving noted iii the report (paragraplis 59-61)..
Traiiiiiig is essenlial lo siipporl tliose ik'oi'king irt licensiiig nnd ci'eale coiisisleiil aiid cicciirale
clecision iiiakiiig. Il'e ifv'elLome ihe ivork nf illg liisliliile ofLicen&'iiig, LoLiil Goveriiiiieiil Associalioii
niid Goveriiiiienl lo develop COiliTcillop' Iri7iniiig JiiELe ihepiibliLalion of ihe Api'il 2017 l'epoi'l.
Hoik'evei., Iliis iiioiiieiiliini iieecls lo resiiiiie as ihei'e is no cleor sense ihal Iiaiiiiiig lias resiilied iii
iiiiijroi'eiiieiils Ihe licensiiig sysleiii.
The C'oiiiiiiillee Yeilerftle5 ilie op'igin(Il iiiqiiiyy's i'ecoiiiniekidnlionsfoi. ijie Hoiiie ()]fice lo Ivoi'L- Iviili
Slakelioldei's lo eslablish a iiiiiiiiriiiiii li'aiiiiiig slaiidni'ilfoi. c'viincillvrs, Incliidiiig [7 refi'eshei. li'niiiiiig
slan¢lai'd. Thi.s agi'eed ?piiiiiniiiiii slcindaydshniilcl be &el oiil in ihe 3'eclioii J82 Giéiclance lind
eoiiiicillors ii'lio are iiiciiibei-s of n liceiising Coiiiiiiiiiee slioiild be i)rohibiledfi'oiii lakiiig pari lil
liceiising coiiiiiiill¢e oi. siib-coi?Ip)tilleepi'oceediiigs iiiilil ihis iiiipiiiiiiiiii 51aiidai.il has been iiiel.
Oiice ilie iiianclaloij) iijiiiiniiiiii li'uiiiing slaiiclar(I ha5 beepi eslabli.Fliecl il slioifld be i-egiilap'ly i-evieii'ed
to eikytii'e Ilial l( i'eiiiaiiis eifEvliiyLJ (iiicl i'esijoiiils lu ehfiiiges ciiicl issties ih(Il rjc'ciir iii (zlcohol liceki.5iJig
Aloi)gside tlie fLIII d1< 5, Coiiiicilloi. Triiiiiing coiirse i%'hicli conliniies lo be ii'ell aileiided, Ilie loL aiid LGA joii)Ily
PLiblisl)ed recoii)Iiiei)ded tl'clillill&l 51aiidal￿S is Deceinber 2023
Tlie loL1iIl5 loiits beeii fLIII)' coiiiiiiilted lo Ilie developiiieiit of a siiile of iiationall), i'ecognised l iceiisii)g qlli< lificalions,
ccrediled b). the lol4 <79 tlie pi'ofessionl< I bod}, for liceiisii)L'.
Tl)e Level 3 Aiiiii)qc I Iiispeclors Ceilificc11e proi'ides (1 bliiepi'ii)I for fiiliii'e qLlc11ificiltion developiiieiil ii'liere
qllc11ific1L lions al'e <iecredited b), ¢ ri Aii'<ll'duig Bodi, (siicli <15 Pe<Trl'sons), bill ii'liere the qiiillificalioii itiiiains ii'iiliii) loL
oii'nei-sliii) aiid coiilrol.
Cliartei'eil StatilS
Tiie loL Iicl5 Lindei'li( k-eli prep1¢ viloi), ii'ork- ii'iili a vieii. to <1ppI)'ii)gi for Cliq< rlered Slic lus. Tlie Tiiistees see tliis as 1111
iiiii)oi'laiit developiiieiil for Ilie loL Il'liicl) ii'ill <1ssisI iii r1¢ ISiI)gi Ilie profile of licensing professi0111(15. Tlie L111II illll)eiit of
Cl)¢1rleiEd Sla1115 11.ill be a k-e!. topic for. revieii. linder Ilie Gi-oii'ili Revieii, ai)d tlie siibseciiieiil Strcltegiic PIKIII.

Tlie 111s1itiite of Liceiisiii
Liiii ited b Giiaraiitee
orl of tlic Ti-Iis¢ees
for tlic Yeiii- F.iidcd 31 rcl) 2024
Tlie Regions
Tlie loL il'as oriLYjI)4711}i esi(Iblislie(l it) 1996, ki)oii'll cl111i¢lt liii)e <1S Ilie Loc(I1 Goi'eriiiiieiil l.iceiisiiig l.'oriiii),
siib_%eqiienil)' bLCOlI)ing Il)e Iiislitllte of Liceiising iii 2003 in iecogynilioii of the d¢sire to be a bi'oa(l-cl)Iircl) organisalion
ror cil I licLiisii)L praciilioiii'rs.
Sii)¢e iiicei)lioi), tlie orb>ai)iSl< lioii IiiG S CLIIIiv1c led ils regioiial i)etii'oi'L. iiiiti1c11)' < CTOSS Elig)11￿ lid É111d Wal¢s, aild Iliei)
¢ipai)(lin&i iiilo Noril)ei'i) Ii'Ll<ll)cl 1¢ IILI Ilieii Scot11K l)d.
ILb rf"
lol. iiieiiil?ei's 1( IIoci11Ld a rL'&FiOlI b1( SLII 011 ii'l)LrL 11)e)' IIVL or ii'ork, c11)d eiicli regyioii is sei'vecl b),
ol'l ICLI'S eleclL(I 1ocii11}' ii'iiliiii IliL r<g>ioii.
cliciif <iiid clirL'cloi- ii,l)icl) Ciili be lield b), Ilie Sciiiie oi. sep(11'l( le iiidividLI(I1s.
¢oi))iiiille¢ of
I-IIL I'LgllOIIS <21'L 11 Illtijor l)ei)¢'lil to IliL loL c11Id ils 11)Lii)bers, i)rovidiiigJ I'egiiilf?I' iii¢eliii&) ¢?i)Il iielii'orkiiigJ 01)i)oi'liiiiilies
pi'ovidld al iio oi. vei), loii. cost (cost recover),).
l-l)roiigl)01112023124, Ilie regiioi)s lic1ve conliiiiieil 10 i)rovi(le iYg?Iilill' iiieeliii&>s. Mai)>, cc)nliiiiie to l)l(Ik¢ iise of oiilii)L
vi(leo coiilirLllClI)b (IlLCLSS¢11-)' cILlI'lllg 2020 cliie Io i)l( 11(ILI)iic r¢%li'iLlioiis) as oiiliiie iiiCLliiigys lif¥ 1¢ C¢Lssilil¥' lo all
ii'iil)oiil IiLL(I lor 11.1¢ VLI etc. I'11<il SKlI(I, iiiosl rigpj()i)51)1¢ VL I'LVLI'IL(I 10 1<1CL-lo-f1( ce iiieeliiig>s foi. al IL¢isI soli)¢ of Ili¢ir
iiieLliiigFs ii'iili 121 ILi1sI 2 1'egTiOliS 01)liiigi eiclLISIVLI)' lo vL'I)iiL-bi?SL(I IiiLLliiibJs.
Ilegioiil11 Voliiii teers
111 1111, 1¢ Cl'05s Ilie 12 rL'bJioiis Ilic l()l. is siii)i)iii'l¥il bj ov¢i' 7.) I'oliiiilL'LI- I'Lgi i0111( l oniccis ii'oi-k'ii)gp l() %iii)p()I'l IIIL, l-¥bTj()IIS
'IS 1( li(1 iiiloi-lil<ilioii 1( boiii Iioii. eiicl) c)filie reg7101)$ 01)ei'c11e5.111
disciis5 expei'iiiices 4711(1 I'eg7iOllÉ11 ¢1clivilies Iiiiil 10 sli1( re idL,
Jiii)e 2023, 11)¢ RO-I'I) 10()k- i)IclCL ill C (11-dit-l- Ilie (li( )' bLf()I'L II)L Siii)iiiiei' Ti'1( Illil)ui CoiifLI'LI)ce. Ali eNc¢llei)l <ll)(l i'ei'i.
ii)lei'¢1clii'e (Icll. Ii'iil) soii)e ke), lee(Ib1( ck 1( 5 (I resiill.

Tlie Ii)stiliile ol. Lieeiisiii
Lini iled bi. Gua I'aiitee
ort of the Ti'iistees
for tlie Year Iii(le(131 Marcli 2024
STIIUCTUIIF., Govf.ilNANcf. AND MANAGIMENT
Tlic E30gc I'(1 of'i'riislLes is IhL gFoveri)iiig bod}, tor loL, respoi)sible foi. Ilie overall gJON'eriii¢ IICL, (lirLcIIoii i?iid d¥velopiiiL'I)I
of IliL orgJai)iS(I1ioi). Tl)L "I'riislL'LS cll'e resi)oiisible for Iiioiiiloi'iiig perloi1111L lice c111d foi. pi'iP<iring Iliis i?111)IlÉil I'epoi1 Iiiid
l ii'elve of Ille Ti'iislLes c1rL Iociilly sLle¢lLd I'LLJIOI)<il Diriclors. 'I'liese 'l-rLisILvS IirL kiioiN'n lo IiieIiibei's (IS 1¢ I'esiill of Ilieir
i¥'oi'k <l1)(I pr<iclice ii'iiliiii liceiisiiigi, aiid ic rL clcclc'il lo riPI'LSL'I)I 11)¢ rL'gJj{)l) j)1 i))L'iiibe15 11(11ioiiall)', 111 Iid(lilioi) 10
,1s Tiiislees 1( lid Dii'¢clors ol. Il)L lol. c1111 I'g7L'{l ii'illi ciis111.iiigy Ilie bJOOLI g(Il'LI'll¢lllC¢ or Ilie
11 Iiddilioii lo Ihe deiiiocr¢llic<ill}' elected I'eg)i0111¢ I directors, I2d(lilioiial Tnislees (lip lo 9) cl( ri bu CO-OPle(I lo Ilie Boai'd.
Oi) ¢ippoiiiliiieiit c111d <1111)Il¢illy Iliere¢l1-ier, el¢ cl) Iriislee is reqiiired to 51LJI) a 'sl<ilei)ieiil ot" directors, ii'liere Ilies, iiiiderlake
lo lrfikL' ,Ill I'ec1SOII(Ible slLI)s to i))LuI IllLii' obligic11ioi)s lo 11)e 1101¢ rd ¢l1)d lo IIIL coii)P¢lll)'. Iii P<qilicii11K I., Ilie folloii'ii)g'
111)l)olLI Illi V()IIiLS clllLI objLCliVCS of tlie Ii)sliliile of l.icciisiiig
coi)Iril)Lile to i( l)d sl)¢l1'L I'L'SI)oii%ibilily for 11)¢. EIo¢ird'% dL'LiglOI)
IIL'ii(I ii)LLliiii)s, Ir?¢ 11)IllbV SCSSIOIIS ¢ind oilier i'olevi¢ l)t eveiils
(ILili1f¥ fLIL'vai)l iiilL'rLsls' aii(I
bL <l1I'(gfL' ol. ai)(I c()ii)i)ly iN'iili obligjalioiis Llll(ILr Il)e g>LI)eral Icl11'
"ri)e Il)I'ee
posi1ioi)S cil'e ei< Ll) elected lor a 3-yL'<?I' ILriii iN'iili 01)L Post I'Lvieii'c(l ¥<icII >'Lc11' 011 1-ollii)g b<15iS.
Iii N()vL'I)ibei' 2023, Dc11)iLI D(2ViLS t?IiiioiiiicLd liis iiilL'I)lioii to iesigiii Iifier 9 5yei( rs c1S lol. N(iIi0111c I Cl)(iii'. E.olloii'iiigi Ilie
B()¢2r(I iiiL¢'lii)LJ uii 2()Ili I Il)1'114ql'y 2024, Kic IL Nicliolls OBL 1¢ ccei)ted Ilie1301i1'd's iiivil(Ition lollc ke LIP 11)e i)osilioii ol.
N1( Iioiii< I Clii¢ ir el'l¥clive I I'oiii I sl Ai)I'il 2024.
Ilisl< Miiiiiigcii)ciit
c()i)Irols I'e iii i)li( ce lo provicle I'L1¢ S011c1 ble c1SSLII'(11)ce 1( Iiisl Iri< 11(1 oi. en'oi..
FINANCIAL iir.vii,;Iv
Oi'eri'ieii. of11)e fiii4lllciiil110silioii
leiiil)Ll'sliii) siibsLI'ii)lioiis ol. £ 170,403 (coi)11)?<I'ed ii'iili 2022123.. £168,6$0, aiicl 2021122.. £161,404).
IJ(111)sI Iii'LViOLlS )'e¢ll'5 (20?2123'. 292,312 1?i)cI 2021122.. £187,573).
COllll)(1fL5 1I'I111c .
Iiicoiiii foi. Il)i' cl)IL I'll), lol<ilLIl £446,096 {coiiii)¢21'L(l ii'jili 1022123.. 463,724 4111d 2021122.. £3 $0,189).
Eii)Liiililiii'¢ r()I' Illl, cliill'il!. 1011¢ led £429.3i6 (coii)1)1c fL'II ii'iili 2022123.. 357,.$73 7( 11(12021122.. £268,164
iiI 2021122}.
2023124
2022123
46.3,724
3.$7.573
21121122
3iO,189
2020121
2019120
371,487
309.787
-] ol?( l ii)LC)11)iIi¥ I'LSOLirces
TolLiI niiliioiiig I'esoiii'ces
446,096
4?9.3)6
390.230
248.879
P¥?(Ip 7

Tlie Institiite ol- Liceiisill
Liiii ite(I bi, Gijiiraiitee
Ile
)oi'l of tlie Ti'iistees
foi. tlic Ycar F.n(le(131 Marcli 2024
Finiiiicial Coiiii)iilii)eiils
Tlie financi(I1 coi)Iii) ilii)L'iils of Ilie clic11.ily iii 2023124 11'ei'e pi'illlclril}' IILIIII(In I'esoiii-ce5 (IS Ilie cosis 1( SSOCl<iled i¥'iili Ilie
Ileveloi)i)ILI)I (Trl)Il dLlii'ery' of Ii'K1illlllgV (11Id piiblicl¢ lioiis, sjwsleiiis cll)(l i%'el)siie i%'eT¢ coI'ei-¢(I b), 11)L Ii)sliliile of l.iceiisii)g
F.veii151.Id. RLLriiili)ILIII of <111 I2(l(lilioii<21 slafl. ii)¢ii)bLI' 111 Noveiiibei. 2023 Il'as hiigii. stlp for%i'¢iril IN'iil) IIIL l)osili()n
iiileiidLII to ii)crL¢lSL siipporl lo Ilie rug) ioiis ai)d i)IL'lI)bLI'sI)ip rLCI'iiIIIi)Ll)i / r¥l¢iilioii. Scl(Il¥', IIIL i)osilioi) l¥'<lS V(ICcile(l 01)
I sl Api'il diie lo pei's0111c I cii'CLiiiisl¢liices.
Tl)c loL's iiiv¢sliiieiil p0111.olio 11.lc s es11( bl islied iii JLII)- 2014 1( 11(1 is 1111¢ IIKlgeLI 011 Ilie Iiistiliile's belitilf b), Si Jaiiies's
P11( ce.
111 2021122, Ilie I30Ilr(l of Ti'lislees look Ilie (lecisioi) to Iiici'¢£ise ii)veslii)ei)t ii'iil) a fiiiilier £250,000 dded lo the fund iii
Aiigiiisl 2021 bi'ingrjiigF Ilie lot¢l1 iiivesli)ieiil fiiiid ii)i)Iil lo £445,000.00
i'l)e fLllI(I look. Il clui%'iiliiiii 11 1 Il)e eii(l of 2019120 ?¢ S 14 1'¢siIII of IliL iii ili¢il iiiii)LicI ofcoviD. I g l)Iil Ii¢lS sIIoi¥'ii ¢7 sle(1(1}'
r¢covei)' siiice Il)e fLlli(I slioii'iiigi a 19.41 0/0 reliii-11011 IllVLslii)Li)1 1¢ I IliL Lild ol. Mi11'cI1202J ii'iili IIiL LIILK151I1i)Liil Vl¢ Ilie
rec1cliiiib) £531,364.00.
C¢iiilioiis iii IIIL. IL vel of risk. l(1kL'I).
Iiliiiii¢11LI)' bL LlSL'(I lo (ILvLloii11)L oi'gr<llliS<ilioi) ii'iili <7 VILlI' to IicII iLVilig 11)c loiigJer-tLIi)I gTO{118 71 .% SLI oiil ii) IIIL lol.'s
Rc.sei'i'cs
'l)v cliill'ily's I'esLI'VLS Ilt IIIL ciicl of 2021124 11.erc £ 1,000,416
'l)c' lol. '¥ IIC'SLI'VLS Pi)lic}' is siil)jicl to I'Lgiiilill' I'LN'ieii' iii liiie ivilli bii(Ig?el selliiig. l-he policy sets oiil 11)e coiiliiig?Liicy
I'liv I'iSel'VLS l)olic)' cl()L's i)()I SLI oiil cl gii'oii'ili I'esLI'ves i)osilioii l?Iit 1¢ ckiioii'le(Igii's11)l¢ I11)e g?I'oii'll) (15Plliilioii5 Ot" Ilie
Sii bsi(li1& ries
I IIL l¥'oi'k' ing b<ilclliCU, dLSI)iIL IiiL'iiibLrsliii)
(lirL¢lor ()r11)I' k.I'i'iil% Cc)i)IPil1)I'.
TIIL (Iclivilils of Ili¥ F,I'L'iils Coii)i)cllll' (11'e IiTrigJele(I Ioii'<?I'(l ei)siiriii(I

The 111s1iliile ol Lieeiisin
Liiiiited bi, Giiaraiitee
Re
ort of tlie Ti'iistees
for tlie Year Ended 31 Mar¢li 2(124
Goiiig Coiic¢rn
Tlje Board of Trustees has revieived tlie financial positioii of the Insti￿lIe of Licensing Liiniled and its subsidiary the
Inslittite of Licensing Events Ltd, incliidiiig Ilie fii)ancial projections for 2024125 and is satisfied that tliere are siiffi¢ient
fiLnds <11 tl)e d4?le ol signallire of the f￿anCIal slalenienls lo nian¢Trge any foreseeable doivnttini iii Ilie UK and global
ecoiioiiiy.
The Board considers there ig a i'easoiiable expect(?lion that loL l)as adeq111< le resoiirees to continiie in operational
exisleiice for the foreseeabl¢ futiir¢ 1< lid Ilie Board tlierefore coiiliniies to adopt the 'going concei'i), basis iii preparing
the finaiicial slateinenls.
Appi'oved by order of the board of IrLiStees on 7 Noveiiiber 2024 and signed oli ils belialf by:
KNIC
0115 OBE - Tnistee

## Independent Examiner's Report to the Trstees of The Institute of Licensing 

(imited bv Guarantee) 

## **Independent examiner's report to the trustees of The Institute of Licensing (Limited by Guarantee) ('the Company')** 

I rep011 to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. 

## **lndependent examiner's statement** 

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chattered Accountants in England and Wales, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention 111 cormection with the exami1iation giving me cause to believe: 

- I. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

- the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Richard Smedley 

The Institute of Chartered Accountants in England and Wales 

Richard Smedley Limited Chartered Accountants & Registered Auditors Richmond House Lawnswood Business Park Redvers Close Leeds West Yorkshire LS 16 6QY 

7 November 2024 

P::ioP. 10 



The liislitiite of Lieeiisiii
Liiii iled b GuAriiilee
Statellienl of FinAneial Aetii'ities
for tlie Year EDile(131 March 2024
31.3.24
Uiii'esli'icted
fuild
31.3.23
Toial
funds
Notes
INCOME AND ENDOWMENTS FROM
Doiiations and legacies
438,694
461,002
Cliai'itable aetii'ilies
Meinbership <2Ctivilies
2,740
1.076
Inv¢sinienr income
646
Tolal
446,096
463 724
EXPENDITURE ON
Cliarilable aclii'llies
Menibersliip activities
429 356
357 573
Net gaiiisl(losses) on iiivesmients
26 359)
NET INCOME
74,635
79,792
RECONCILIATION OF FUNDS
Tolcll fLiiid8 broiiglit loi'ivard
925,781
845,989
TOTAL FUNDS CARRIED FORWARD
000416
925 781
Tl)e iioles foriii pai-l of these fiiiilllCl411 st1( ieiiieiit5

Tlie Institiite of Licensin
Liiliited bi, Giiai'antee
Balance Slieet
31 Mareh 2024
31.3.24
Un I'estricted
31.3.23
Total
fiinds
Notes
FIXED ASSETS
Invesl]iienls
CURRENT ASSETS
Debtois
Ii)vesThi)ents
Cash al bat)k
3,731
531.364
472 110
7,639
473,469
452 657
,007,205
933,765
CREDITORS
AmoLints falling due ivilhin one year
(6,790)
(7,985)
NET CURRENT ASSETS
1,000,415
925 780
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,000.416
92i,781
NET ASSETS
000 416
925 781
FUNDS
Unresli'icted fiiiids
1000 416
925 781
TOTAL FUNDS
1000 416
925 781
Tlie charitable coiiipaii}' is eiilitled to eyeinplioii fi'oiii aiidil linder Seclioi) 477 of tlie CoInpanies Act 2006 for Ilie yeAI'
ended 31 M1( rcli 2024.
The iiieiiibei-s have iiol I'eqiiii'ed Ilie coiiipai)y 10 obtc1ill ai) aiidil of its finaiicial slateinei)Is for Ilie year elided
31 Miircli 2024 iii accoi'dic l)ce ii'illi Section 476 ot Ilie Coiiipic nies Act 2006.
ie ti'iislees ack'noii'leilge Iliei]' respoiisibilities for
ensiii'ing tl)¢?t Ilie cl)ai'iloble COliiP1c 11>, k.eeps 1¢ ccoiiiilii)gi records 1111< I compl), Ivilli Sections 386 <iiid 3 87 of tl)e
Coiiipaiiies Act 2006 aiid
prep4iring fin<ill¢iiil 517¢ leineiils ii,liicli give true 111)d fL1iI' vieii, of tlie 51<lle of affaii's of tl)¢ cl)(?I'ilable coinpaiiy as
al 11)e eiid of e<icli flli¢111Ci<il )'eai- and of its surpliis or deficil foi. ec1ch fin￿l¢la1 )'e2¢ r iii accord1( nce ii'ill) tl)e
requireiileiils of Secti011s 394 1< lid 395 aiicl ii,l)icli oiliei'ii'ise coiiipl}' ii'illi the IEquireii)enls of Ilie Coiiipaiiies Act
2006 l-elciliiig lo fiiiancicil staleiiieiits, so f1( r 1( s applicable lo Ilie cliaritable COMIP1c11}'.
(b)
Tlie iiotes foi'iii Pi?I't ot Iliese tin?( l)Cl<g1 s11( teiiiei)Ls
Piirp l?

Tlie 11151iliit¢ of Licensii)
Liiiiited b Giiarai)tce
Balance Slieet - cojiliiiiied
31 Marcli 2024
These fin<1ncial slatwiients hAve beeii prep(Ired iii ac¢oi'dan¢¢ I￿.1111 th¢ provisions applicable lo cliaritable coiiipanies
subject to tl)e Sll11c11 coiiipanies i'egiine.
Tlie finaiicial staleiiieiits ii'ere approved by Ilie Bottrd of Tnistees and aulhorised for issue on 7 Noveinber 2024 and
IN'ere signed on its belialf by..
K Nicholls OBE- Trustee
P J Andreii's - Trustee
-riie J)oies Ioi'ii) IJ1c rt ot- Illese tin<11)eiqK I siaieiiieilts

Tlie Institute oft. Lieeilsin
Liiii ittd b ' Giiaraiitee
Notes lo the Fiiianeial Staten)eJits
for tlie YeAr Eniled 31 Mai'eh 2024
ACCOUIYTING POLICIES
Basis of preparing tlie fJnanciAI stAtemeiilS
The financial stc11eiiienls of the cliaritable coiiipany, ii,hich 15 a piiblic benefil entity iiiider FRS 102, have beeii
prepai'ed in accoi'dance iviih tlie Charities SORP (FRS 102) 'Accounting and Reporting by Chai'ities- Statement
of Recoiiiniended Practice applicable to cl)arities prepciring their accoiinls ill accordance iviih tlie Financial
Reportijig Stand1¢rd applicable in Ilie UK and RepLiblic of Ii'eland (FRS 102) (effective l January 2019),,
Finai)cial Reporting Siaiidard 102 'The Financial Reporting Slaiid<ird applic1¢ble in the UK aiid Repiiblic of
Ireland, aiid tlie Companies Act 2006. Tlie fll)ancial s1<1 lemenls have been pi-ep<lred iiiider the hislorlcal cost
convention, Iviih Ilie exception of iiiveslmenls ivliicli are iiicliided at market value.
Inconie
All incoine is recognised iii Ilie SlaleineI)t of Financial Activities once the cliarity has enliilemenl to the fuiids, il
is probl£ ble that the incotne ivill be i'eceived and tlie anioiinl C<in be n)easured reliably.
Eypeiiditiii'e
Liabililies are recognised as expendiliire as soon as there is a legal or ¢on5triiclive obligalioii coinmilluig tlie
¢liarity lo It￿t expendinire, il is probable 11)at a trniisfer of ecoi)oniic ben¢tils iN'iII be reqiiir¢d iii seiileiii¢nl and
Ilie aniount of tlie obligiation can be measured reliably. Expenditure is a¢¢ouiiled for oli an accruals basis and has
been classified linder headings t￿7¢ aggregale <?11 cost related 10 the ¢alegyory. Where ¢oslb cannot b¢ (lirecily
altribuled lo partiCLi11¥ r lieadingys they l)ave been allocal¢d to aclivities on ti basis coiisislenl ivith the 115¢ of
resoiirces.
Tfixatioii
The cliarity is exernpt froiii corporatioii lax 011 Ils cliarilable activilies.
Fiiiid accoiiiiting
Unrestricted funds can be iised in accordaiice ivitli the cliaritable objectives al the discretion of Ilie Irlislees.
Reslricled fiiiids cali oiily be iised foi. particular iysli'icled piiiposes i%'itliui Ilie objects of Ilie charity,
Restrictions Arise i%,lieii specified by the donor or ivhen fiinds are rnised for particular restricted piirp05es.
Tliere liave been iio reslricled flinds lo dal¢.
Peiisioii cosls And otl)ei' post-relireiiient beiiefils
Tlie cliaritable conipany operales defLI)ed coiitribiilion peiisioii sclieiiie. Coiili'ibiitions pay(Ible to Ilie
chai'itable coinpan) s peiisioii sclienie are cliai'ged to tlie Staleinenl of Fiiilln¢ial Activities iii Ilie pei'iod to ivliicli
the), relate.
Goi'ei'iiiii eiit gi'&iiils
GovLlllI))Lnl girèinls ar¢ ii¢¢oiiiiied for linder tlie perforii)¢ince iiiodel.
INVESTMENT INCOME
31.3.24
31.3.23
Deposit ¢1ccoiiiII iiileresl
tI.?ITP I J
entiiiiiiied

Tlie Instiliite of Lieensiii
Liiliited b Guaraiitee
Noles lo Ilie FiJiai)cial Statenients - continijeil
rol. tlie Year Eiid¢d 31 Marcli 2024
TRUSTEES, RIMUNERATION AND BENEFITS
There iTrere no IrLislees' reiiiiiiieralion or other benefits foi. the jiear ended 31 Marcli 2024 nor for tlie year ended
31 M<1rch 2023.
Trustees, expenses
31.3.24
31.3,23
Trustees, Cxpenses
2,899
344
STAFF COSTS
The averaoe moiithly nuiiiber of ei))ployees dLiring the year Il'as as folloii'5:
31.3.24
io
31.3,23
Staff
No employees received eiiioliinienls in excess of £60,000.
FIXED ASSET INVESTMENTS
Shares in
groiip
Iiiidertakings
MARKET VALUE
At l April 2023 aiid 31 March 2024
NET IIOOK VALUE
Al 31 Marcl) 2024
Al 31 March 2023
Tliere i¥'ere iio inveslineiil a55ets oiilside tlie UK.
Tlie coinpllny's iiiv¢sliiieiils ai Ilie blllaiice slieel dale in tlie share capilal of coii)panie5 Iiicliide Ilie folloii'inb..
Iiislilute of Liceiisiiig Ei'eiits Ltil
Registered O￿lce.. Ridgeii'aj,, Upper Miltoi), Wells, Soiiierset:BAS 3AH
Nature of biisiiiess,, Ti'aiiiing7 COII)Pl¢ 11),
Class of sliai'e:
£ l Oi'(liiian, Sl)are5
ioldiiig
loo
31.3.24
31.3.23
AggFregilte capitc11 aiid i-eserves
Profil foi. Ilie )'eql1'
375,165
376 439
26i,917
267291
rnntiiiiieA

Tlie Iiistitiite of Licensin
Liiii iteil bi. Giiaranlee
Notes to tlie Financial Statettieiits eontinued
foi- tlie Year Elided 31 March 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3J.3.24
31.3.23
Tt-ade debtors
14'epaymenls
3,513
218
7,119
520
3,731
CURRENT ASSET IP4VESTMENTS
31.3.24
31.3.23
Listed investinenls
531,364
473 469
CREDITORS: AMOUNTS FALLING DUE IVITHUY ONE YEAR
31.3.24
31.3.23
Trade creditors
other ci'edilors
Accrlied expeiises
655
537
1,820
465
MOVEMENT IN FUNDS
Net
Iiiovemei)t
in fiinds
Al
31.3.24
At 1.4.23
Uiii'eslricte(I funds
General fiiiid
925,781
74,635
,000,416
TOTAL FUNDS
92>781
J 000 416
Net IiioveLT)eiil in fiinds, inclLided ii) the above are as folloii'5.'
liicoiiiing
i'esoiirces
Resoui'ces
expended
Gains <liid
losses
Moveiiieiit
Uiii'esti'icted fiiiids
Geiieral fiiiid
446,096
{429J561
57,895
TOTAL FUNDS
446,096
429J561
74,635

Tlie Instiliile of Licensiii
Liiii iled bl, Guaraiitee
Notes to tlie Finaneial Stateinenls - coiitiiiiied
for tlie Year Ende(131 Marcll 2024
MOVEMEIYT IN FUNDS - continued
Coiiipiratii'es for niovement in lun(Is
Net
movemeiit
in fund5
At
31.3.23
At 1.4.22
Unrestricted fiinds
Genernl IILiid
845,989
79,792
92i,781
TOTAL FUNDS
845989
925,781
Coiliparilive nel iiiovemenl in fiinds, incliided in the above are as folloii's:
In¢oniiiig
resources
Resources
expended
Gains and
losses
Movement
in fiinds
Uni'eslricled fijii(Js
General fiiii(I
463,724
(357,573)
(26,359)
79,792
TOTAL FUNDS
463 724
357573)
79,792
A ciii'reiil )ieai' 12 niontlis and prior yeai. 12 moiiilis combined posilioii is as folloii'5:
Net
Inoveiiienl
in fiiiids
Al
31.3.24
At 1.4.22
Uiirestyicled liinds
Geiieral ftiiid
845,989
1.$4,427
1,000,416
TOTAL FUNDS
845,989
154 427
1000416
A ciirreiil J'eai. 12 1i101111)S 1< lid prior }.'ecir 12 nioiiilis coiiibllied iiel Iiioveii?eiil in fuiids, llicliided iii Ilie above al'e
as folloiN's'.
Iiicoiiiiiig
resoiirces
Resoiirce5
e,Kpeiided
G1( iiis aiid
1055es
Moveiiieiil
iii fiii)d5
UJirestricte(I fiiiiils
Geiier<?I fliiid
909,820
(786,929)
31,536
154,427
TOTAL FUNDS
909,820
786,929)
154,427
17

The flnstitiite of Liee115in
Liinllf (I b Giiaranlee
Notes to Ihe Financial S¢ateinents - coiiliiiued
for tlie Yellr Ended JI MAI'eli 2024
io.
RELATED PARTY DISCLOSURES
There ii'ere no related party transactions for the year ended 31 M<lrcl) 2024.
ii.
MEMBERS, LIABILITY
J]ie coinpany is limited by giiataiitee and in the eveiil of the il'inding up of the conip(illy, the liabiliiy of each
meniber is liniiled lo a conlribiilion of £ l.
12.
REGIONAL ACCOUNTS
Ti'fiiisfei.
fron)
central
flin(15
Ai
1.4.23
Resoiii'ce5
expeiided
Al
31.3.24
J-esoui'ces
East Midlai)ds
Easte11)
Hoiiie Coiiiiti¢s
Loi)doi)
Noilh East
North We51
Northern Irelaiid
Soulli Ensi
Soulli West
Wales
West Midlfftnds
Scoilaiid
10,089
10,082
9,8iO
9.936
9,705
8,158
3,696
9,732
9,948
9,667
9,553
414
{8,336)
(4,996)
(3,749)
(7.580)
(5,694)
(7,028)
(280)
(9,184)
(5,392)
(5,389)
(7,238)
1,078
5,900
2,900
1,400
9,300
3,700
8,900
467
7,100
1,900
4,800
6,500
989
8,067
7,986
7,583
11,738
8,061
10,030
3,883
8,018
7,816
9,078
8,897
82
82
350
370
,360
82
103 901
94,553

Tlie Iiislitute of Licensiii
Liniited b Giiaraiitee
Detailed Sta¢eilleiit of Fi112< nci41 Activities
foi. 11)e Year Ended 31 March 2024
31.3.24
31.3.23
INCOME AND ENDOWMENTS
DoiiHtioi)s aiid legacies
Donalions
Subscriptions
268,291
170 403
292,352
168,650
438,694
461.002
ITlI'esliiient ii)eoJ)ie
Deposit accoLint iiiterest
4,662
,646
Cl)a I'ilable actii'ilies
Regional events
1,076
Tolal iiiconiiiig I'esourees
446,096
463,724
EXPENDITURE
Cliaritable actii'ltles
Salaries & national insiir¢ince
Pensions
Insiirance
Telephone
Postage and stationery
Siiiidries
MeeliIig expenses
Subscriptions
ConsLillancy
Regional eveiils
Piibliccltioii contract
Bad debis
315,506
7,964
1,174
S530
28
1,513
3,627
4,680
11,441
65,944
3,245
Si4
285,445
7,057
2,080
4,605
2,029
1,867
4,003
40,329
3,540
421,206
351,074
Siipport Costs
Goi'ei-iiaiice costs
i'ustees, expeiises
Accouiilanc}'
P14 )'roll
2,899
3,594
,344
3,594
Tol¢il resoiii'ces expended
429 356
357,i73
Net inconie
106,151
Tl)is pai¥e Iloes not t"oriii P<1rt ot.tlie s1¢lliilori' fii)ancic?I sl<qleiiienis
PA£Je IQ

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