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2022-01-31-accounts

2022 Annual Report

+44 2079 530 228 thelondoninstitute.org.uk info@thelondoninstitute.org.uk Hamilton House, 4 Mabledon Place, London, WC1H 9BB, United Kingdom

The London Institute Annual Report 2022 Contents

Vision Missions and Values

Introduction

Action Plan

Annual Report

Finances.

thelondoninstitute.org.uk

The London Institute Annual Report 2022

Vision

An accessible academia serving the society and reducing inequalities by developing research capacity, sharing knowledge, and promoting networking.

Mission

As an independent and non-profit institution, the London Institute serves both the academia and the society at large through its various platforms and academic programs.

The London Institute works in tandem with stakeholders and members of academia both on a national and international level. It holds trainings, webinars, workshops, conferences and produces publications with the aim of developing research capacity, sharing knowledge and promoting networking. Alongside academic activities, the Institute also conducts social responsibility projects addressing the vital social problems affecting our society and the needs of marginalised and disadvantaged populations.

Values

integrity, accountability, social responsibility, lifelong learning, academic freedom & honesty, critical thinking, professionalism,

quality empowerment, inclusion, equality, and diversity, trustworthiness respect justice honour modesty courage wisdom

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Reduce inequality within and among countries

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

thelondoninstitute.org.uk

The London Institute Annual Report 2022 Introduction

This report covers activities, of the London Institute of Social Studies February 2021 to end of January 2022. The report also includes activities planned for the year 2022-2023, some of which have already been realised.

As an independent research institution, The London Institute organises academic events, conducts research and offers educational activities in social studies for the benefit of society.

The London Institute works in tandem with stakeholders and members of academia both on a national and international level.

It holds training activities, webinars, workshops, and conferences and produces publications with the aim of developing research capacity, sharing knowledge and promoting networking particularly based on the UN’s Sustainable Development Goals (UNSDGs) 4, and 10 (quality education; reduced inequalities). Alongside academic activities, the Institute also conducts social responsibility projects addressing the vital social problems affecting our society and the needs of marginalised and disadvantaged populations, based on UNSDGs 4, 10 and 16 (quality education; reduced inequalities; and sustainable and inclusive societies).

The London Institute serves both the academia and the society at large through its various academic programs and research groups. Our activities until the end of January 2022 can be summarised as: Academic conferences, roundtable discussions, social responsibility projects and summer schools.

thelondoninstitute.org.uk

The London Institute Annual Report 2022 Action Plan

Action Plan for 2021-22

The Institute’s Action Plan has been built upon the Strategic Plan 2021-26

  1. Academic Events

1.1. organising academic events

1.2. applying for academic projects

  1. Society

2.1. producing social responsibility projects

2.2. conducting community outreach

  1. Research

3.1. producing research output

3.2. applying for research grant projects

  1. Institutionalisation

4.1. revising the official structure of the Institution

4.2. applying for national and international accreditation

4.3. updating/changing the objects of the Institution

4.4. updating the policies and the Constitution of the Institution

4.5. introducing quality management in the Institution

4.6. producing alternative ways for fundraising

thelondoninstitute.org.uk

The London Institute Annual Report 2022

Annual Report

1. Academic Events

1.1. Organising Academic Events

1.1.1 Academic Writing Workshop Series

(25 January – 19 April 2021)

The workshop series is funded by the Lottery Community Fund and aims to contribute to the academic wellbeing and development of displaced academics, with a particular focus on academic writing skills in English. The sessions were led by Dr Helen Hanna, Academic, researcher and Trainer.

https://thelondoninstitute.org.uk/event/online-academic-writing-workshop-series-fordisplaced-scholars/

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education and Reduced Inequalities).

1.1.2 Ref and Publication Strategies Webinar (19 April 2021)

This webinar was led by Dr Richard Race of Roehampton University. For further details see https://thelondoninstitute.org.uk/event/research-excellence-framework-ref-andpublication-strategies/

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.1.3 Research Methodology Conference (RMC2022 - 20 April

2022) https://thelondoninstitute.org.uk/research- methodology-conference-rmc-2022/

thelondoninstitute.org.uk

The London Institute Annual Report 2022 Annual Report

Research Methodology Conference was held in partnership with Coventry University’s Centre for Global Learning (GLEA) at Coventry University on 20th April 2022. The conference aimed to bring together doctoral students, professionals and early-career researchers from various disciplines within the Social Sciences, Arts and Humanities allowing them to share their research experiences. This conference enabled participants to i) share their research experiences during the pandemic, ii) get feedback from their peers and leading academics and iii) develop their understanding of methods and methodologies in global contexts and within the context of continued uncertainty and precarity. Through the one-day conference, attendees were able to explore, empirical, methodological, and ethical issues and challenges in the (post-) COVID-19 era. In doing so, participants had opportunities to be exposed to new and innovative approaches and methods employed during the pandemic and into a new post-Covid era.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.1.4 UK Academic Trip -Academic Trip: A package is created.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.2 Submitted Research Projects

1.2.1 Academic Wellbeing Conference Application is submitted to British Academy Conferences scheme 2023 in collaboration with Coventry University.

1.2.2 Project on Prevent Submitted to Keele University Research Centre in partnership with a researcher from the department of Politics and IR.

thelondoninstitute.org.uk

The London Institute Annual Report 2022

Annual Report

2. Society

2.1. Producing Social Responsibility Projects

2.1.1 British Engagement

British Engagement: British Engagement Project for Highly-Skilled Displaced mothers (26 April 2022- 26 January 2023).

https://thelondoninstitute.org.uk/event/british-engagement-project-for-displaced-mothers/ This project aims to eradicate barriers for the highly educated mothers of displaced families in gaining knowledge, experience and opportunities by creating a bespoke programme of educational and career advancing activities to integrate these mothers into British job market.

We formed a larger steering committee for this project with directors, trustees, staff, community and beneficiary representatives. To further develop and adjust the project to the emerging needs of the target group, we conducted a pilot study with 15 highly educated displaced mothers and had regular discussions with the community members. This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 10 (Reduced Inequality and Sustainable Community).

2.1.2 Motivating and Empowering Female Students from

Disadvantaged Backgrounds The university attainment rate of migrant communities, especially for Turkish and Somali female students in the UK, is well below the national average. Comparing the male students, the cultural challenges they face and lack of family support stemming from the patriarchal family structures make young female students of these communities further vulnerable. This project is prepared aiming at addressing this social problem.

In this project, we will host informative talks, seminars, and consultancy that address the challenges these students face, inform students and families about the importance of higher education and provide parental support to improve students’ school performance/motivation.

thelondoninstitute.org.uk

The London Institute Annual Report 2022 Annual Report

2.1.2A practical London-based program will be implemented for six months where at least 20 female migrant students and their families will get the chance to deconstruct common myths around higher education, explore career pathways, and develop a

personalised career action plan with clear and attainable goals. The project proposal is ready, and we are looking for possible funders.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 10 and 16 (Reduced Inequality, Sustainable and Inclusive Communities).

2.1.3 Career Advancement for Displaced Scholars

This project is prepared aiming at eradicating barriers for displaced scholars in gaining knowledge, experience and opportunities by creating a bespoke programme of educational and career advancing activities to integrate these people into British job market. This tailored programme will be conducted with selected mentors from these communities to provide academic migrants a greater understanding of Britain and it’s working environment.

The project will last for one year and will be carried out in a non-formal learning environment for diversity, acceptance and tolerance along with assisting them to advance their careers. The project includes workshops with mentors from the community and educational specialists to assist with writing CVs and learning different ways through which they

can build their careers as well as sessions on job application. The project proposal is ready, and we are looking for possible funders.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education and Reduced Inequality).

thelondoninstitute.org.uk

The London Institute Annual Report 2022 Annual Report

  1. Research

3.1. Producing Research Output

3.1.1 Publishing a special Issue of ROSS Journal

3.2 Applying For Research Grant Projects

3.2.1 Diaspora Community (project to The British Academy based on UNSDGs’ No 10 Sustainable and Inclusive Communities)

  1. Institutionalisation

4.1. Revising the Official Structure of the Institution

4.1.1 Re-branding Conversion to CIO as an Institute

4.2. Applying for National and International Accreditation

4.2.1 Accreditation/Membership

The British Academy

4.3. Updating/Changing the Objects of the Institution

4.4. Updating the Policies and the Constitution of the Institution

4.5. Introducing Quality Management in the Institution

4.6. Producing Alternative Ways for Fundraising

thelondoninstitute.org.uk

The London Institute Annual Report 2022

Annual Report

1. Academic Events

1.1 Research Methodology Conference (RMC2023- based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education)

1.2. Decolonisation Conference (in partnership with Uni- based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education, Reduced Inequalities)

2. Society

thelondoninstitute.org.uk

The London Institute Annual Report 2022

Total Income - £55036

----- Start of picture text -----
9.6%
----- End of picture text -----

Donations - £5852 DWP - £5264 Trading Activities - £43920

----- Start of picture text -----
10.6%
79.8%
----- End of picture text -----

Total Expenditure - £58067

Staff Payment - £35825 Community Projects - £8290 General & Administritive Expense - £8001

Accountancy Fees - £2716 Marketing & Branding Costs - £2300 Licenses - £935

----- Start of picture text -----
4%
14.3%
4.7%
1.6%
61.7%
13.8%
----- End of picture text -----

thelondoninstitute.org.uk

The London Institute Annual Report 2022

THE LONDON INSTITUTE OF SOCIAL STUDIES Hamilton House, 4 Mabledon Place, London, WC1H 9BB, United Kingdom www.thelondoninstitute.org.uk info@thelondoninstitute.org.uk

Registered number CE027025

THE LONDON INSTITUTE OF SOCIAL STUDIES A Charitable Incorporated Organisation (CIO) Report and Accounts

31 January 2022

THE LONDON INSTITUTE OF SOCIAL STUDIES Report and accounts Contents

Page
Company information 1
Directors' report 2
Accountants' report 7
Profit and loss account 8
Balance sheet 9
Statement of changes in equity 10
Notes to the accounts 11

THE LONDON INSTITUTE OF SOCIAL STUDIES Company Information

Directors

Ali Said PEHLIVAN Mustafa GUNAYDIN Naim DENIZ Mehmet Murat ERGUVAN

Accountants

AA Accountancy Services 244 Chase Road London N14 6HH

Registered office

Hamilton House 4 Mabledon Place London, WC1H 9BB

Registered number CE027025

1

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

The directors present their report and accounts for the year ended 31 January 2022. The London Institute Annual Report 2022 Vision

An accessible academia serving the society and reducing inequalities by developing research capacity, sharing knowledge, and promoting networking. Mission

As an independent and non-profit institution, the London Institute serves both the academia and the society at large through its various platforms and academic programs. The London Institute works in tandem with stakeholders and members of academia both on a national and international level. It holds trainings, webinars, workshops, conferences and produces publications with the aim of developing research capacity, sharing knowledge and promoting networking. Alongside academic activities, the Institute also conducts social responsibility projects addressing the vital social problems affecting our society and the needs of marginalised and disadvantaged populations. Values

integrity, accountability, social responsibility, lifelong learning, academic freedom & honesty, critical thinking, professionalism, quality empowerment, inclusion, equality, and diversity, trustworthiness respect justice honour modesty courage wisdom. Quality Education: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Reduced Inequalities: Reduce inequality within and among countries

Peace, Justice and Strong Institution: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

Introduction

This report covers activities, of the London Institute of Social Studies February 2021 to end of January 2022. The report also includes activities planned for the year 2022-2023, some of which have already been realised.

As an independent research institution, The London Institute organises academic events, conducts research and offers educational activities in social studies for the benefit of society.

The London Institute works in tandem with stakeholders and members of academia both on a national and international level.

It holds training activities, webinars, workshops, and conferences and produces publications with the aim of developing research capacity, sharing knowledge and promoting networking particularly based on the UN’s Sustainable Development Goals (UNSDGs) 4, and 10 (quality education; reduced inequalities). Alongside academic activities, the Institute also conducts social responsibility projects addressing the vital social problems affecting our society and the needs of marginalised and disadvantaged populations, based on UNSDGs 4, 10 and 16 (quality education; reduced inequalities; and sustainable and inclusive societies). The London Institute serves both the academia and the society at large through its various academic programs and research groups. Our activities until the end of January 2022 can be summarised as: Academic conferences, roundtable discussions, social responsibility projects and summer schools.

2

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

Action Plan for 2021-22 The Institute’s Action Plan has been built upon the Strategic Plan 2021-26 1. Academic Events 1.1. organising academic events 1.2. applying for academic projects

  1. Society

2.1. producing social responsibility projects 2.2. conducting community outreach

  1. Research

3.1. producing research output 3.2. applying for research grant projects

  1. Institutionalisation

4.1. revising the official structure of the Institution

4.2. applying for national and international accreditation

4.3. updating/changing the objects of the Institution 4.4. updating the policies and the Constitution of the Institution

4.5. introducing quality management in the Institution

4.6. producing alternative ways for fundraising

  1. Academic Events

1.1. Organising Academic Events

1.1.1 Academic Writing Workshop Series

(25 January – 19 April 2021)

The workshop series is funded by the Lottery Community Fund and aims to contribute to the academic wellbeing and development of displaced academics, with a particular focus on academic writing skills in English. The sessions were led by Dr Helen Hanna, Academic, researcher and Trainer.

https://thelondoninstitute.org.uk/event/online-academic-writing-workshop-series-fordisplacedscholars/

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education and Reduced Inequalities).

1.1.2 Ref and Publication Strategies Webinar (19 April 2021)

This webinar was led by Dr Richard Race of Roehampton University. For further details see https://thelondoninstitute.org.uk/event/research-excellence-framework-ref-andpublicationstrategies/

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.1.3 Research Methodology Conference (RMC2022 - 20 April 2022) https://thelondoninstitute.org.uk/research- methodology-conference-rmc-2022/

3

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

Research Methodology Conference was held in partnership with Coventry University’s Centre for Global Learning (GLEA) at Coventry University on 20th April 2022. The conference aimed to bring together doctoral students, professionals and early-career researchers from various disciplines within the Social Sciences, Arts and Humanities allowing them to share their research experiences. This conference enabled participants to i) share their research experiences during the pandemic, ii) get feedback from their peers and leading academics and iii) develop their understanding of methods and methodologies in global contexts and within the context of continued uncertainty and precarity. Through the one-day conference, attendees were able to explore, empirical, methodological, and ethical issues and challenges in the (post-) COVID-19 era. In doing so, participants had opportunities to be exposed to new and innovative approaches and methods employed during the pandemic and into a new post-Covid era.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.1.4 UK Academic Trip

-Academic Trip: A package is created. This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.2 Submitted Research Projects

1.2.1 Academic Wellbeing Conference Application is submitted to British Academy Conferences scheme 2023 in collaboration with Coventry University.

1.2.2 Project on Prevent

Submitted to Keele University Research Centre in partnership with a researcher from the department of Politics and IR.

  1. Society

2.1. Producing Social Responsibility Projects

2.1.1 British Engagement

British Engagement: British Engagement Project for Highly-Skilled Displaced mothers (26 April 2022- 26 January 2023).

https://thelondoninstitute.org.uk/event/british-engagement-project-for-displaced-mothers/ This project aims to eradicate barriers for the highly educated mothers of displaced families in gaining knowledge, experience and opportunities by creating a bespoke programme of educational and career advancing activities to integrate these mothers into British job market.

We formed a larger steering committee for this project with directors, trustees, staff, community and beneficiary representatives. To further develop and adjust the project to the emerging needs of the target group, we conducted a pilot study with 15 highly educated displaced mothers and had regular discussions with the community members. This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 10 (Reduced Inequality and Sustainable Community).

2.1.2 Motivating and Empowering Female Students from

Disadvantaged Backgrounds The university attainment rate of migrant communities, especially for Turkish and Somali female students in the UK, is well below the national average. Comparing the male students, the cultural challenges they face and lack of family support stemming from the patriarchal family structures make young female students of these communities further vulnerable. This project is prepared aiming at addressing this social problem.

In this project, we will host informative talks, seminars, and consultancy that address the challenges these students face, inform students and families about the importance of higher education and provide parental support to improve students’ school performance/motivation.

4

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

2.1.2A practical London-based program will be implemented for six months where at least 20 female migrant students and their families will get the chance to deconstruct common myths around higher education, explore career pathways, and develop a personalised career action plan with clear and attainable goals. The project proposal is ready, and we are looking for possible funders.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 10 and 16 (Reduced Inequality, Sustainable and Inclusive Communities).

2.1.3 Career Advancement for Displaced Scholars

This project is prepared aiming at eradicating barriers for displaced scholars in gaining knowledge, experience and opportunities by creating a bespoke programme of educational and career advancing activities to integrate these people into British job market. This tailored programme will be conducted with selected mentors from these communities to provide academic migrants a greater understanding of Britain and it’s working environment. The project will last for one year and will be carried out in a non-formal learning environment for diversity, acceptance and tolerance along with assisting them to advance their careers. The project includes workshops with mentors from the community and educational specialists to assist with writing CVs and learning different ways through which they can build their careers as well as sessions on job application. The project proposal is ready, and we are looking for possible funders.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education and Reduced Inequality).

  1. Research

  2. 3.1. Producing Research Output

  3. 3.1.1 Publishing a special Issue of ROSS Journal

  4. 3.2 Applying For Research Grant Projects

  5. 3.2.1 Diaspora Community (project to The British Academy based on UNSDGs’ No 10 Sustainable and Inclusive Communities)

  6. Institutionalisation

  7. 4.1. Revising the Official Structure of the Institution

  8. 4.1.1 Re-branding Conversion to CIO as an Institute

  9. 4.2. Applying for National and International Accreditation

  10. 4.2.1 Accreditation/Membership

The British Academy

5

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

1. Academic Events

1.1 Research Methodology Conference (RMC2023- based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education) 1.2. Decolonisation Conference (in partnership with Uni- based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education, Reduced Inequalities) 1.3. Count-Art (project to The Mayor of London’s Shared Endeavour Grant Fund in cooperation with London Borough of Camden- based on UN’s Sustainable Development Goals (UNSDGs) 16 (Peace Justice and Strong Institution) 1.4. Academic Writing Workshop Series (Date and Venue: TBC): For the funding we will apply to BA International Writing Workshop Grant) 1.5 UK Academic Trip to be organised (Date: TBC)

  1. Society

2.1.2 Motivating and Empowering Female Students from Disadvantaged Backgrounds 2.1.3 Career Advancement for Displaced Scholars

  1. Research

3.1. ROSS new Issue 3.2. Each Research Group is to generate and submit a proposal for BA or any other relevant grants Total Income - £55036 Donations - £5852 (9.6%) DWP - £5264 (10.6%) *Trading Activities - £43920 (79.8%)

Total Expenditure - £58067 Staff Payment - £35825 (61.7%) Community Projects - £8290 (14.3%) General & Administritive Expense - £8001 (13.8%) Accountancy Fees - £2716 (4.7%) Marketing & Branding Costs - £2300 (4%) Licenses - £935 (1.6%)

Directors

The following persons served as directors during the year:

Ali Said PEHLIVAN Mustafa GUNAYDIN Naim DENIZ Mehmet Murat ERGUVAN

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 19 November 2022 and signed on its behalf.

Ali Said PEHLIVAN Director

6

THE LONDON INSTITUTE OF SOCIAL STUDIES Accountants' Report

Accountants' report to the directors of THE LONDON INSTITUTE OF SOCIAL STUDIES

You consider that the company is exempt from an audit for the year ended 31 January 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

AA Accountancy Services Chartered Certified Accountants

244 Chase Road London N14 6HH

19 November 2022

7

THE LONDON INSTITUTE OF SOCIAL STUDIES Surplus and Deficit account for the year ended 31 January 2022

Income
Cost of sales
Gross Surplus
Administrative expenses
Other operating income
Operating Income
Income before taxation
Tax on Surplus
Surplus for the inancial year		 2022
£
605,954
(552,434)
53,520
(56,471)
6,388
3,437
3,437
-
3,437		 2021
£
236,191
(181,560)
54,631
(52,522)
-
2,109
2,109
-
2,109

8

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Balance Sheet as at 31 January 2022

Notes
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
3
Cash at bank and in hand
Creditors: amounts falling due
within one year
4
Net current assets
Net assets
Funds
Surplus and Deficit account
Reserves		 2022
£
19,698
22,150
17,579
8,779
48,508
(25,847)
22,661
42,359
42,359
42,359		 1,850
9,316
11,813
22,979
(3,877)		 2021
£
19,820
19,102
38,922
38,922
38,922

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Ali Said PEHLIVAN Director Approved by the board on 19 November 2022

9

THE LONDON INSTITUTE OF SOCIAL STUDIES Statement of Changes in Funds for the year ended 31 January 2022

At 1 February 2020
Surplus for the financial year
At 31 January 2021
At 1 February 2021
Surplus for the financial year
At 31 January 2022		 £
-
-
-
-		 Unrestricted
Restricted
Funds
Funds
£
£
£
-
-
36,813
2,109
-
-
38,922
-
-
38,922
-
3,437
-
-
42,359		 Total
£
36,813
2,109
38,922
38,922
3,437
42,359

10

THE LONDON INSTITUTE OF SOCIAL STUDIES Notes to the Accounts for the year ended 31 January 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Intangible fixed assets

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

11

THE LONDON INSTITUTE OF SOCIAL STUDIES Notes to the Accounts for the year ended 31 January 2022

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Leased assets

A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Tangible fixed assets

12

THE LONDON INSTITUTE OF SOCIAL STUDIES Notes to the Accounts for the year ended 31 January 2022

Cost
At 1 February 2021
Additions
At 31 January 2022
Depreciation
At 1 February 2021
Charge for the year
At 31 January 2022
Net book value
At 31 January 2022
At 31 January 2021
3
Debtors
Trade debtors
Other debtors
4
Creditors: amounts falling due within one year
Trade creditors
Taxation and social security costs
Other creditors		 Land and
buildings
£
5,163
-
5,163
-
-
-
5,163
5,163		 Plant and
machinery
etc
£
22,579
178
22,757
7,922
300
8,222
14,535
14,657
2022
£
261
17,318
17,579
2022
£
2,620
866
22,361
25,847		 Total
£
27,742
178
27,920
7,922
300
8,222
19,698
19,820
2021
£
9,316
-
9,316
2021
£
-
2,818
1,059
3,877

5 Other information

THE LONDON INSTITUTE OF SOCIAL STUDIES is a private company limited by guarantee and incorporated in England. Its registered office is: Hamilton House 4 Mabledon Place London, WC1H 9BB

13

THE LONDON INSTITUTE OF SOCIAL STUDIES Detailed Surplus and Deficit account for the year ended 31 January 2022

This schedule does not form part of the statutory accounts

Income
Direct expenses
Gross Surplus
Administrative expenses
Other operating income
Operating Surplus
Surplus before tax		 2022
£
605,954
(552,434)
53,520
(56,471)
6,388
3,437
3,437		 2021
£
236,191
(181,560)
54,631
(52,522)
-
2,109
2,109

14

THE LONDON INSTITUTE OF SOCIAL STUDIES Detailed Surplus and Deficit account for the year ended 31 January 2022

This schedule does not form part of the statutory accounts

Income
Sales
Donations
Funds/Grants
Other Income
Cost of sales
Purchases
Decrease/increase in stocks
Commissions payable
Administrative expenses
Employee costs:
Wages and salaries
Directors' salaries
Pensions
Employer's NI
Travel and subsistence
Premises costs:
Rent
General administrative expenses:
Telephone and fax
Postage
Stationery and printing
Courier services
Conference & meeting expenses
Subscriptions
Bank charges
Insurance
Membership fee
Software
Depreciation
Sundry expenses
Legal and professional costs:
Accountancy fees
Consultancy fees
Other legal and professional
Other operating income
Other operating income		 2022
£
Unrestricted
584,913
21,041
20
-
605,974
566,909
(20,300)
5,825
552,434
18,659
3,774
311
1,123
788
24,655
5,355
5,355
98
1
18
209
1,850
122
109
240
69
1,045
300
30
4,091
1,550
12,785
440
14,775
48,876
6,388		 2022
£
Restricted
-
(20)
(20)
7,595
-
7,595
-
-
-
-
-
-
-
-
-
-
-
7,595		 2022
£
Total
584,913
21,041
-
-
605,954
566,909
(20,300)
546,609
26,254
3,774
311
1,123
788
32,250
5,355
5,355
98
1
18
209
1,850
122
109
240
1,045
300
30
4,022
1,550
12,785
440
14,775
56,402		 2021
£
220,182
2,490
7,615
5,904
236,191
183,410
(1,850)
-
181,560
11,650
-
467
302
-
12,419
6,504
6,504
589
13
-
-
6,156
21
96
189
-
1,062
300
23
8,449
600
23,775
775
25,150
52,522
-

15

Registered number CE027025

THE LONDON INSTITUTE OF SOCIAL STUDIES A Charitable Incorporated Organisation (CIO) Report and Accounts

31 January 2022

THE LONDON INSTITUTE OF SOCIAL STUDIES Report and accounts Contents

Page
Company information 1
Directors' report 2
Accountants' report 7
Profit and loss account 8
Balance sheet 9
Statement of changes in equity 10
Notes to the accounts 11

THE LONDON INSTITUTE OF SOCIAL STUDIES Company Information

Directors

Ali Said PEHLIVAN Mustafa GUNAYDIN Naim DENIZ Mehmet Murat ERGUVAN

Accountants

AA Accountancy Services 244 Chase Road London N14 6HH

Registered office

Hamilton House 4 Mabledon Place London, WC1H 9BB

Registered number CE027025

1

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

The directors present their report and accounts for the year ended 31 January 2022. The London Institute Annual Report 2022 Vision

An accessible academia serving the society and reducing inequalities by developing research capacity, sharing knowledge, and promoting networking. Mission

As an independent and non-profit institution, the London Institute serves both the academia and the society at large through its various platforms and academic programs. The London Institute works in tandem with stakeholders and members of academia both on a national and international level. It holds trainings, webinars, workshops, conferences and produces publications with the aim of developing research capacity, sharing knowledge and promoting networking. Alongside academic activities, the Institute also conducts social responsibility projects addressing the vital social problems affecting our society and the needs of marginalised and disadvantaged populations. Values

integrity, accountability, social responsibility, lifelong learning, academic freedom & honesty, critical thinking, professionalism, quality empowerment, inclusion, equality, and diversity, trustworthiness respect justice honour modesty courage wisdom. Quality Education: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Reduced Inequalities: Reduce inequality within and among countries

Peace, Justice and Strong Institution: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

Introduction

This report covers activities, of the London Institute of Social Studies February 2021 to end of January 2022. The report also includes activities planned for the year 2022-2023, some of which have already been realised.

As an independent research institution, The London Institute organises academic events, conducts research and offers educational activities in social studies for the benefit of society.

The London Institute works in tandem with stakeholders and members of academia both on a national and international level.

It holds training activities, webinars, workshops, and conferences and produces publications with the aim of developing research capacity, sharing knowledge and promoting networking particularly based on the UN’s Sustainable Development Goals (UNSDGs) 4, and 10 (quality education; reduced inequalities). Alongside academic activities, the Institute also conducts social responsibility projects addressing the vital social problems affecting our society and the needs of marginalised and disadvantaged populations, based on UNSDGs 4, 10 and 16 (quality education; reduced inequalities; and sustainable and inclusive societies). The London Institute serves both the academia and the society at large through its various academic programs and research groups. Our activities until the end of January 2022 can be summarised as: Academic conferences, roundtable discussions, social responsibility projects and summer schools.

2

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

Action Plan for 2021-22 The Institute’s Action Plan has been built upon the Strategic Plan 2021-26 1. Academic Events 1.1. organising academic events 1.2. applying for academic projects

  1. Society

2.1. producing social responsibility projects 2.2. conducting community outreach

  1. Research

3.1. producing research output 3.2. applying for research grant projects

  1. Institutionalisation

4.1. revising the official structure of the Institution

4.2. applying for national and international accreditation

4.3. updating/changing the objects of the Institution 4.4. updating the policies and the Constitution of the Institution

4.5. introducing quality management in the Institution

4.6. producing alternative ways for fundraising

  1. Academic Events

1.1. Organising Academic Events

1.1.1 Academic Writing Workshop Series

(25 January – 19 April 2021)

The workshop series is funded by the Lottery Community Fund and aims to contribute to the academic wellbeing and development of displaced academics, with a particular focus on academic writing skills in English. The sessions were led by Dr Helen Hanna, Academic, researcher and Trainer.

https://thelondoninstitute.org.uk/event/online-academic-writing-workshop-series-fordisplacedscholars/

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education and Reduced Inequalities).

1.1.2 Ref and Publication Strategies Webinar (19 April 2021)

This webinar was led by Dr Richard Race of Roehampton University. For further details see https://thelondoninstitute.org.uk/event/research-excellence-framework-ref-andpublicationstrategies/

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.1.3 Research Methodology Conference (RMC2022 - 20 April 2022) https://thelondoninstitute.org.uk/research- methodology-conference-rmc-2022/

3

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

Research Methodology Conference was held in partnership with Coventry University’s Centre for Global Learning (GLEA) at Coventry University on 20th April 2022. The conference aimed to bring together doctoral students, professionals and early-career researchers from various disciplines within the Social Sciences, Arts and Humanities allowing them to share their research experiences. This conference enabled participants to i) share their research experiences during the pandemic, ii) get feedback from their peers and leading academics and iii) develop their understanding of methods and methodologies in global contexts and within the context of continued uncertainty and precarity. Through the one-day conference, attendees were able to explore, empirical, methodological, and ethical issues and challenges in the (post-) COVID-19 era. In doing so, participants had opportunities to be exposed to new and innovative approaches and methods employed during the pandemic and into a new post-Covid era.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.1.4 UK Academic Trip

-Academic Trip: A package is created. This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education).

1.2 Submitted Research Projects

1.2.1 Academic Wellbeing Conference Application is submitted to British Academy Conferences scheme 2023 in collaboration with Coventry University.

1.2.2 Project on Prevent

Submitted to Keele University Research Centre in partnership with a researcher from the department of Politics and IR.

  1. Society

2.1. Producing Social Responsibility Projects

2.1.1 British Engagement

British Engagement: British Engagement Project for Highly-Skilled Displaced mothers (26 April 2022- 26 January 2023).

https://thelondoninstitute.org.uk/event/british-engagement-project-for-displaced-mothers/ This project aims to eradicate barriers for the highly educated mothers of displaced families in gaining knowledge, experience and opportunities by creating a bespoke programme of educational and career advancing activities to integrate these mothers into British job market.

We formed a larger steering committee for this project with directors, trustees, staff, community and beneficiary representatives. To further develop and adjust the project to the emerging needs of the target group, we conducted a pilot study with 15 highly educated displaced mothers and had regular discussions with the community members. This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 10 (Reduced Inequality and Sustainable Community).

2.1.2 Motivating and Empowering Female Students from

Disadvantaged Backgrounds The university attainment rate of migrant communities, especially for Turkish and Somali female students in the UK, is well below the national average. Comparing the male students, the cultural challenges they face and lack of family support stemming from the patriarchal family structures make young female students of these communities further vulnerable. This project is prepared aiming at addressing this social problem.

In this project, we will host informative talks, seminars, and consultancy that address the challenges these students face, inform students and families about the importance of higher education and provide parental support to improve students’ school performance/motivation.

4

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

2.1.2A practical London-based program will be implemented for six months where at least 20 female migrant students and their families will get the chance to deconstruct common myths around higher education, explore career pathways, and develop a personalised career action plan with clear and attainable goals. The project proposal is ready, and we are looking for possible funders.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 10 and 16 (Reduced Inequality, Sustainable and Inclusive Communities).

2.1.3 Career Advancement for Displaced Scholars

This project is prepared aiming at eradicating barriers for displaced scholars in gaining knowledge, experience and opportunities by creating a bespoke programme of educational and career advancing activities to integrate these people into British job market. This tailored programme will be conducted with selected mentors from these communities to provide academic migrants a greater understanding of Britain and it’s working environment. The project will last for one year and will be carried out in a non-formal learning environment for diversity, acceptance and tolerance along with assisting them to advance their careers. The project includes workshops with mentors from the community and educational specialists to assist with writing CVs and learning different ways through which they can build their careers as well as sessions on job application. The project proposal is ready, and we are looking for possible funders.

This project is based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education and Reduced Inequality).

  1. Research

  2. 3.1. Producing Research Output

  3. 3.1.1 Publishing a special Issue of ROSS Journal

  4. 3.2 Applying For Research Grant Projects

  5. 3.2.1 Diaspora Community (project to The British Academy based on UNSDGs’ No 10 Sustainable and Inclusive Communities)

  6. Institutionalisation

  7. 4.1. Revising the Official Structure of the Institution

  8. 4.1.1 Re-branding Conversion to CIO as an Institute

  9. 4.2. Applying for National and International Accreditation

  10. 4.2.1 Accreditation/Membership

The British Academy

5

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Directors' Report

1. Academic Events

1.1 Research Methodology Conference (RMC2023- based on UN’s Sustainable Development Goals (UNSDGs) No. 4 (Quality Education) 1.2. Decolonisation Conference (in partnership with Uni- based on UN’s Sustainable Development Goals (UNSDGs) No. 4 and 10 (Quality Education, Reduced Inequalities) 1.3. Count-Art (project to The Mayor of London’s Shared Endeavour Grant Fund in cooperation with London Borough of Camden- based on UN’s Sustainable Development Goals (UNSDGs) 16 (Peace Justice and Strong Institution) 1.4. Academic Writing Workshop Series (Date and Venue: TBC): For the funding we will apply to BA International Writing Workshop Grant) 1.5 UK Academic Trip to be organised (Date: TBC)

  1. Society

2.1.2 Motivating and Empowering Female Students from Disadvantaged Backgrounds 2.1.3 Career Advancement for Displaced Scholars

  1. Research

3.1. ROSS new Issue 3.2. Each Research Group is to generate and submit a proposal for BA or any other relevant grants Total Income - £55036 Donations - £5852 (9.6%) DWP - £5264 (10.6%) *Trading Activities - £43920 (79.8%)

Total Expenditure - £58067 Staff Payment - £35825 (61.7%) Community Projects - £8290 (14.3%) General & Administritive Expense - £8001 (13.8%) Accountancy Fees - £2716 (4.7%) Marketing & Branding Costs - £2300 (4%) Licenses - £935 (1.6%)

Directors

The following persons served as directors during the year:

Ali Said PEHLIVAN Mustafa GUNAYDIN Naim DENIZ Mehmet Murat ERGUVAN

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 19 November 2022 and signed on its behalf.

Ali Said PEHLIVAN Director

6

THE LONDON INSTITUTE OF SOCIAL STUDIES Accountants' Report

Accountants' report to the directors of THE LONDON INSTITUTE OF SOCIAL STUDIES

You consider that the company is exempt from an audit for the year ended 31 January 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

AA Accountancy Services Chartered Certified Accountants

244 Chase Road London N14 6HH

19 November 2022

7

THE LONDON INSTITUTE OF SOCIAL STUDIES Surplus and Deficit account for the year ended 31 January 2022

Income
Cost of sales
Gross Surplus
Administrative expenses
Other operating income
Operating Income
Income before taxation
Tax on Surplus
Surplus for the inancial year		 2022
£
605,954
(552,434)
53,520
(56,471)
6,388
3,437
3,437
-
3,437		 2021
£
236,191
(181,560)
54,631
(52,522)
-
2,109
2,109
-
2,109

8

THE LONDON INSTITUTE OF SOCIAL STUDIES Registered number: CE027025 Balance Sheet as at 31 January 2022

Notes
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
3
Cash at bank and in hand
Creditors: amounts falling due
within one year
4
Net current assets
Net assets
Funds
Surplus and Deficit account
Reserves		 2022
£
19,698
22,150
17,579
8,779
48,508
(25,847)
22,661
42,359
42,359
42,359		 1,850
9,316
11,813
22,979
(3,877)		 2021
£
19,820
19,102
38,922
38,922
38,922

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Ali Said PEHLIVAN Director Approved by the board on 19 November 2022

9

THE LONDON INSTITUTE OF SOCIAL STUDIES Statement of Changes in Funds for the year ended 31 January 2022

At 1 February 2020
Surplus for the financial year
At 31 January 2021
At 1 February 2021
Surplus for the financial year
At 31 January 2022		 £
-
-
-
-		 Unrestricted
Restricted
Funds
Funds
£
£
£
-
-
36,813
2,109
-
-
38,922
-
-
38,922
-
3,437
-
-
42,359		 Total
£
36,813
2,109
38,922
38,922
3,437
42,359

10

THE LONDON INSTITUTE OF SOCIAL STUDIES Notes to the Accounts for the year ended 31 January 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Intangible fixed assets

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

11

THE LONDON INSTITUTE OF SOCIAL STUDIES Notes to the Accounts for the year ended 31 January 2022

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Leased assets

A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Tangible fixed assets

12

THE LONDON INSTITUTE OF SOCIAL STUDIES Notes to the Accounts for the year ended 31 January 2022

Cost
At 1 February 2021
Additions
At 31 January 2022
Depreciation
At 1 February 2021
Charge for the year
At 31 January 2022
Net book value
At 31 January 2022
At 31 January 2021
3
Debtors
Trade debtors
Other debtors
4
Creditors: amounts falling due within one year
Trade creditors
Taxation and social security costs
Other creditors		 Land and
buildings
£
5,163
-
5,163
-
-
-
5,163
5,163		 Plant and
machinery
etc
£
22,579
178
22,757
7,922
300
8,222
14,535
14,657
2022
£
261
17,318
17,579
2022
£
2,620
866
22,361
25,847		 Total
£
27,742
178
27,920
7,922
300
8,222
19,698
19,820
2021
£
9,316
-
9,316
2021
£
-
2,818
1,059
3,877

5 Other information

THE LONDON INSTITUTE OF SOCIAL STUDIES is a private company limited by guarantee and incorporated in England. Its registered office is: Hamilton House 4 Mabledon Place London, WC1H 9BB

13

THE LONDON INSTITUTE OF SOCIAL STUDIES Detailed Surplus and Deficit account for the year ended 31 January 2022

This schedule does not form part of the statutory accounts

Income
Direct expenses
Gross Surplus
Administrative expenses
Other operating income
Operating Surplus
Surplus before tax		 2022
£
605,954
(552,434)
53,520
(56,471)
6,388
3,437
3,437		 2021
£
236,191
(181,560)
54,631
(52,522)
-
2,109
2,109

14

THE LONDON INSTITUTE OF SOCIAL STUDIES Detailed Surplus and Deficit account for the year ended 31 January 2022

This schedule does not form part of the statutory accounts

Income
Sales
Donations
Funds/Grants
Other Income
Cost of sales
Purchases
Decrease/increase in stocks
Commissions payable
Administrative expenses
Employee costs:
Wages and salaries
Directors' salaries
Pensions
Employer's NI
Travel and subsistence
Premises costs:
Rent
General administrative expenses:
Telephone and fax
Postage
Stationery and printing
Courier services
Conference & meeting expenses
Subscriptions
Bank charges
Insurance
Membership fee
Software
Depreciation
Sundry expenses
Legal and professional costs:
Accountancy fees
Consultancy fees
Other legal and professional
Other operating income
Other operating income		 2022
£
Unrestricted
584,913
21,041
20
-
605,974
566,909
(20,300)
5,825
552,434
18,659
3,774
311
1,123
788
24,655
5,355
5,355
98
1
18
209
1,850
122
109
240
69
1,045
300
30
4,091
1,550
12,785
440
14,775
48,876
6,388		 2022
£
Restricted
-
(20)
(20)
7,595
-
7,595
-
-
-
-
-
-
-
-
-
-
-
7,595		 2022
£
Total
584,913
21,041
-
-
605,954
566,909
(20,300)
546,609
26,254
3,774
311
1,123
788
32,250
5,355
5,355
98
1
18
209
1,850
122
109
240
1,045
300
30
4,022
1,550
12,785
440
14,775
56,402		 2021
£
220,182
2,490
7,615
5,904
236,191
183,410
(1,850)
-
181,560
11,650
-
467
302
-
12,419
6,504
6,504
589
13
-
-
6,156
21
96
189
-
1,062
300
23
8,449
600
23,775
775
25,150
52,522
-

15