2020-12-31-accounts - The Chartered Institute Of Plumbing And Heating Engineering

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			Page
Report of the Trustees			I to 10
Report of the Independent Auditors			11to 12
Statement of Financial	Activities		13
Balance Sheet			14to 15
Cash Flow Statement			16
Notes to the Cash Flow Statement			17
Notes to the Financial	Statements		18to 28
Detailed Statement of	Financial	Activities	29 to 30

								2020	2019
					Unrestricted		Restricted	Total	Tata I
						funds	funds	funds	funds
					Notes	E	E	E	E
INCOME AND ENDOWMENTS			FROM
Charitable activities					4
Educational Magazines		& Directory				26,968		26,968	34,296
Maintaining Professional		Standards		&
Awareness						810,219		810,219	789,081
Other trading activities Investment income Other Income					2 3	33,441 4,182 9 2		33,441 4,182 9 24~	54,579 7,045
Total						884,055		884,055	885,001
EXPENDITURE ON
Raising funds					5	2,489		2,489	1,457
Charitable activities					6
Educational Magazines		& Directory				182,461		1827461	1827389
Support Services for Members						360,263		3607263	3617459
Maintaining Professional		Standards		&.
Awareness						377 334		377 334	42 74
Total						922,547		922,547	970,047
NET INCOME/(EXPENDITURE)						(38,492)		(387492)	(857046)
RECONCILIATION OF FUNDS
Total funds brought	forward					1,345,818		173457818	17430864
TOTAL FUNDS CARRIED FORWARD						307 326	.	1307 326	1 345 8 8

						2020	2019
				Unrestricted	Restricted	Total	Tota I
				funds	funds	funds	funds
			Notes	E	E	E	E
FIXED ASSETS
Intangible assets Tangible assets			14 15	136,568 799,019		136,568 799,019	27,143 794,862
Investments			16	3		3	3
				935,590		935,590	822,008
CURRENT ASSETS
Stocks			17	6,785		6,785	5,262
Debtors Cash at bank			18	23,423 8 7676		23,423 047676	35,981 1013683
				877,884		877,884	1,054,926
CREDITORS
Amounts falling	due within	one year	19	(506,148)		(5067148)	(5311116)
NET CURRENT	ASSETS			371736		3»36	523810
TOTAL ASSETS	LESSCURRENT
LIABILITIES				1,307,326		173077326	113451818
NET ASSETS				307326	-	1307 326	1 345 818
FUNDS			20
Unrestricted funds:
General fund						5847341	6227833
Revaluation Reserve						722985	722985
						173077326	1 345 818
Restricted funds
TOTAL FUNDS						1307326	13458 8

		2020 E	2019 I
Cash flows from operating activities:
Cash generated from operations Interest paid		(39,180) ~779 )	(97,500) ~7617)
Net cash provided by (used in) operating activities		~46 371)	~105 117)
Cash flows from investing activities:
Purchase of intangible fixed assets Purchase of tangible fixed assets Interest received		(114,335) (9,483) 8*	(27,143) (968) 7 045
Net cash provided by (used in) investing activities		~229 636)	~21066)
Change in cash and cash equivalents	in
the reporting period Cash and cash equivalents at the beginning ofthe reporting period		(166,007) 0 3683	(126,183) 1 139866
Cash and cash equivalents at the end	of
the reporting period		847 676	1013683

OPERATING ACTI	VITIES
						2020	2019
						E	f
Net income/(expenditure) the statement of financial Adjustments for:		for the reporting activities)		period	(as per	(38,492)	(85,046)
Depreciation charges						10,236	3,335
Interest received Interest paid (Increase)/decrease Decrease in debtors	in stocks					(4,182) 7,191 (1,523) 12,558	(7,045) 7,617 251 11,426
Decrease ln creditors						(~24 968)	~28 038)
Net cash provided	by (used In) operating		activities			(~39 180)	~97 500)
ANALYSIS OF CHANGES IN		NET FUNDS
					At 1.1.20 f	Cash flow E	At 31.12.20 f
Net cash
Cash at bank					130133683	(1663007)	8476676
Total					3 0 3603	~366003)	04 6 6

OTHER TRADING ACTIVITIES
	2020	2019
	E	I
Sales of supplies	5,290	2,257
ONce services Sundry Income	22,250 ~5901	8,500 ~43 822
	~33441	~54 579
INVESTMENT INCOME
	2020	2019
	E
Deposit account interest	~4182	~7045

							2020	2019
			Activity				E	I
	Publications		Educational	Magazines	& Directory		26,968	34,296
			Maintaining	Professional	Standards	&
	Fees from members		Awareness				8~10219	~789 081
							8~37 187	823 377
5.	RAISING FUNDS
	Other trading	activities
							2020	2019
							E
	Cost of supplies	sold					~2489	~1457

					Grant	Grant
					funding	of	Support
				Direct	activities		costs	Totals
				costs
					(See note		(See note
						7)	8)
				E			E	E
Educational	Magazines	& Directory		109,587			72,874	182,461
Support Services for Members				25,053	20,147		315,063	360,263
Maintaining	Professional	Standards	&
Awareness				1~34555			~242 779	3~77334
				~269 195	~20	147	6~30716	9~20 058
GRANTS PAYABLE
							2020	2019
							E	I
Support Services for Members							~20 147	~18 469

SUPPORT	COSTS
					Commun		Premises
				Staff costs	-ications	Office costs	cost's
				E	E	E	E
Educational	Magazines	&
Directory				33,691	6,524	29,220	1,042
Support Services for Members				243,316	6,524	29,222	7,533
Maintaining Standards	Professional &Awareness			~97326	~6527	~29 231	~3013
				~374 333	~19 575	~87 673	~11588
					Meeting 8
			Finance		conference	Governance
			costs	Other	expenses	costs	Totals
			E	E	E	E	E
Educational	Magazines	&
Directory			2,397				72,874
Support Services for Members			2,397	8,747	8,784	8,540	315,063
Maintaining Standards	Professional &Awareness		~2397	~34990	~35 137	~34 158	2~42 779
			~7191	~43 737	~43 921	~42 698	6~30716
Activity			Basis of allocation
Staff costs			Use ofStaff Time
Communications			Use of Resources
Office costs			Use of Resources
Premises costs			Use of Staff Time
Finance costs			Use of Resources
Other			Use of Resources
Meeting &	conference
expenses			Use of Resources
Governance	costs		Use of Resources

Net Income/(expenditur	diting):
	2020	2019
	E	I
Auditors' remuneration	8,500	8,500
Taxation compliance services Depreciation - owned assets Development costs amortisation	1,034 5,326 ~4910	939 3,335

		2020	2019
		E	E
Wages	and salaries	389,150	375,586
Social	security costs	35,665	35,320
Other	pension costs	~27 768	~27 147
		4~52 583	~438 053

The full time equivalent number of employees	for the year was as follows;
	2020	2019
Membership	4	5
Technical	1.6	1.6
Support	4	4
Total	9.6	10.6

The average monthly number of employees during th	e year was as follows:
	2020	2019
Management	2	2
Support services for members	2	2
Administration	8	7
	12

				Unrestricted	Restricted	Total
				funds	funds	funds
				E		I
INCOME AND ENDOWMENTS		FROM
Charitable activities
Educational Magazines Maintaining Professional	85 Directory Standards		&Awareness	34,296 789,081		34,296 789,081
Other trading activities				19,866	34,713	54,579
Investment Income				7 D4~		045
Total				850,288	34,713	885,001
EXPENDITURE ON
Raising funds				1,457		1,457
Charitable activities
Educational Magazines	85 Directory			182,389		182,389
Support Services for Members Maintaining Professional Standards			85 Awareness	361,459 390 D29	34 7 3	361,459 424 742
Total				935,334	34,713	970,047
NET INCOME/(EXPENDITURE)				(85,046)		(85,046)
RECONCILIATION OF FUNDS
Total funds brought forward				1,430,864		1,430,864
TOTAL FUNDS CARRIED FORWARD				3 ~ 0 8	-	1345818

INTANGIBLE FIXED ASSETS
		Development
			costs
			E
COST
At 1st January 2020 Additions			111,651 1~14335
At 31st December 2020			2~25 986
AMORTISATION
At 1st January 2020 Charge for year			84,508 ~4910
At 31st December 2020			~89418
NET BOOK VALUE
At 31st December 2020			1~36568
At 31st December 2019			~27 143
TANGIBLE FIXEDASSETS
	Freehold	Fixtures
	property	and fittings	Totals
	E	E	E
COST
At 1st January 2020	790,000	135,965	925,965
Additions Dlsposals		9,483 ~17120)	9,483 ~17120)
At 31st December 2020	7~90 000	1~28328	9~18328
DEPRECIATION
At 1st January 2020 Charge for year		131,103 5,326	131,103 5,326
Eliminated on disposal		~17120)	~17120)
At 31st December 2020		~119309	1~19309
NET BOOK VALUE
At 31st December 2020	7~90000	~9019	7~99019
At 31st December 2019	~790 000	~4862	~794 862

Nature of	business	:	Trading Subsidiary
				o/o
Class ofshare:				holding
Ordinary				100
						2020		2019
						E		I
Aggregate	capital	and reserves					1	1
Greenplumb Limited
Registered	office:	64 Station Lane, Hornchurch,		England,	RM12 6NB
Nature of	business:		Non-trading
				o/o
Class ofshare:				holding
Ordinary				100
						2020		2019
Aggregate	capital	and reserves				E	I	I 1
Safeplumb	Limited
Registered	office:	64 Station Lane, Hornchurch,		England,	RM12 6NB
Nature of business:			Non-trading
				o/o
Class ofshare:				holding
Ordinary				100
						2020		2019
						E		E
Aggregate	capital	and reserves					1	1


17.	STOCKS
							2020	2019
							E	E
	Stocks						~6785	~5262
18.	DEBTORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
							2020	2019
							6	E
	Trade debtors Other debtors						3,480 100	739 5,621
	VAT Prepayments	8L accrued		Income			~19843	7,080 ~22 541
							~23 423	~35 981
19.	CREDITORS:	AMOUNTS			FALLING	DUE WITHIN ONE YEAR
							2020	2019
								E
	Trade creditors						76,840	50,901
	Social security	and	other	taxes			15,342	11,233
	VAT						4,097
	Other creditors EU project funding		creditor				6,747 301,514	12,548 301,514
	Defe r red income Accrued expenses						74,703 ~26 905	142,775 ~12 145
							5~06 148	~531 116

MOVEMENT	IN	FUNDS
								Net
								movement
							At 1.1.20 f	in funds f		At 31.12.20 f
Unrestricted	funds
General fund Revaluation	Reserve						622,833 22 98~	(387492)		5847341 722 985
							1,345,818	(387492)		173077326
TOTAL FUNDS							13 8 8	~30492)		130 3*6
Net movement		in funds,	Included		in	the above	are as follows:
							Incoming	Resources		Movement
							resources	expended		in funds
							E	E		E
Unrestricted	funds
General fund							6847055	(9227547)		(367492)
TOTAL FUNDS							8~84 055	(9~22 547)		~38492)
Comparatives		for movement			in funds
								Net
								movement
							At 1.1.19 E	in funds f	At 31.12.19 f
Unrestricted	Funds
General fund Revaluation Reserve							7077879 722 905	(857046)		6227833 722 90~
							174307864	(857046)		173457818
TOTAL FUNDS							14~0 06	~00 046)		1345 8
Comparative	net movement			In funds,		included	in the above are as follows:
							Incoming	Resources		Movement in
							resources f	expended E		funds E
Unrestricted	funds
General fund							8507288	(9357334)		(857046)
Restricted funds
Legal advice	for	Brexlt					34,713	(34,713)
TOTAL FUNDS							8~85 001	(9~70047)		~85 046)

A curren	t ye	ar 12 months and prior ye	ar 12 months combined position	ls as follows:
				Net
				movement
			At' 1.1.19	in funds	At 31.12.20
			E	E	E
Unrestricted		funds
General fund Revaluation		Reserve	707,879 722 90~	(1237538)	5847341 722 905
TOTAL	FUNDS		1430064	u)23 ~30)	307326

the above ar	e as follows;			,
		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
Unrestricted	funds
General fund		177347343	(178577881)	(1237538)
Restricted funds Legal advice for Brexlt		34 713	~34 7 3)
TOTAL FUNDS		1769 056	u 09*59 )	@123530)

				2020	2019
				E	I
INCOME AND	ENDOWMENTS
Other trading	activities
Sales of supplies Offic services Sundry income				5,290 22,250 ~5901	2,257 8,500 ~43 822
				33,441	54,579
Investment income
Deposit account	Interest			4,182	7,045
Charitable activities
Fees from members				810,219	789,081
Publications				~26 968	~34 296
				837,187	823,377
Other income
HMRC job retention		scheme		~9245
Total incoming	resources			884,055	885,001
EXPENDITURE
Other trading	activities
Cost of supplies	sold			2,489	1,457
Charitable activities
Wages				41,645	42,727
Social security Pensions Maintaining professional			standards	3,278 2,050 57,617	3,431 2,125 57,769
Magazine costs Awareness				99,848 55,018	96,280 85,172
Service for members				9,739	10,378
Grants to institutions				~20 147	~18469
				289,342	316,351
Support costs
Staff costs
Wages				319,212	305,908
Social security				29,556	29,199
Pensions Other staff costs				23,678 ~1887	23,030 ~3717
				374,333	361,854
Communications
Telephone Postage and stationery				3,422 ~16153	2,384 ~18316
				19,575	20,700

			2020	2019
				I
Office costs
Insurance Postage and stationery			12,136 12,919	11,442 17,730
Repairs and renewals Sundries			6,371 4,945	23,960 6,631
IT support services Depreciation of tangible		fixed assets	41,066 ~10236	33,241 ~3335
Premises costs			87,673	96,339
Rates and water			3,245	3/233
Light and heat Premises repairs			4,277 ~4066	3,983 ~8342
			11,588	15,558
Finance costs
Bank charges Card service charges			1,728 ~5463	2,091 ~5526
Other			7,191	7,617
Legal & professional Subscrlptlons Unrecoverable VAT	fees		11,375 5,191 ~27 171	8,303 5,597 ~26 170
Meeting 8 conference		expenses	43,737	40,070
Meeting expenses			22,051	55,779
Website expenses			~21870	~13250
			43,921	69,029
Governance costs
Wages			28,293	26,951
Social security			2,831	2,690
Pensions			2,040	1,992
Auditors' remuneration Auditors' remuneration		for non audit work	8,500 ~1034	8,500 939
			~42 698	~41 072
Total resources expended			922,547	970,047
Net expenditure			~38492)	~85 046)