| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 to | 10 | |
| Report ofthe Independent Auditors |
11 to | 13 | |
| Statement of Financial Activities | 14 | ||
| Balance Sheet | 15 to | 16 | |
| Cash Flow Statement | 17 | ||
| Notes to the Cash Flow Statement | 18 | ||
| Notes to the Financial Statements | 19 to | 29 | |
| Detailed Statement of Financial | Activities | 30 to | 31 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestncted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | I | 6 | E | 6 | ||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
2 | 94,793 | 94,793 | |||||
| Charitable activities |
||||||||
| Educational Magazines |
8.Directory | 29,976 | 29,976 | 22,381 | ||||
| Maintaining Professional |
Standards | tt | ||||||
| Awareness | 853,379 | 853,379 | 803,600 | |||||
| Other trading activities Investment income |
3 4 |
65,850 2,616 |
65,850 2,616 |
27,752 1,002 |
||||
| Other income | 28 249 | |||||||
| Total | 1046 614 | 1 D46 614 | 882 984 | |||||
| EXPENDITURE ON | ||||||||
| Raising funds | 6 | 8,342 | 8,342 | 4,713 | ||||
| Charitable activities |
7 | |||||||
| Educational Magazines |
68 Directory | 254,925 | 254,925 | 190,797 | ||||
| Support Services for Members | 290,844 | 290,844 | 392,817 | |||||
| Maintaining Professional |
Standards | 62 | ||||||
| Awareness | 491 700 | 491 700 | 329 563 | |||||
| Total | 1045 011 | 1 D45 011 | 917890 | |||||
| NET INCOME/(EXPENDITURE) | 803 | 803 | (34,906) | |||||
| RECONCILIATION OF FUNDS |
||||||||
| Total funds brought forward |
1,272,420 | 172727420 | 1 307 326 | |||||
| TOTAL FUNDS CARRIED FORWARD | 1273223 | 1273 223 | 1 272 420 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Tota I | |||
| Notes | funds I |
funds I |
funds E |
funds I |
||
| FIXED ASSETS | ||||||
| Intangible assets Tangible assets Investments |
15 16 17 |
83,150 794,139 3 |
83,150 794,139 3 |
123,721 795,880 3 |
||
| 877,292 | 877,292 | 919,604 | ||||
| CURRENT ASSETS | ||||||
| Stocks Debtors Cash at bank |
18 19 |
6,875 42,992 667 239 |
6,875 42,992 667 239 |
6,520 34,808 515822 |
||
| 717,106 | 717,106 | 557,150 | ||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 20 | (321,175) | (3217175) | (2047334) | |
| NET CURRENT ASSETS | 395931 | 39~931 | 352 816 | |||
| TOTAL ASSETS LESSCURRENT | ||||||
| LIABILITIES | 172737223 | 172737223 | 1 2724420 | |||
| NET ASSETS | 1 273 223 | 1273 223 | 1 272 420 | |||
| FUNDS | 21 | |||||
| Unrestricted funds: |
||||||
| General fund Revaluation Reserve |
550,238 722 98~ |
549,435 722 985 |
||||
| 1 273 223 | 1 272 420 | |||||
| TOTALFUNDS | 1273 223 | 1 272 420 |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | |||
| Cash flows from operating activities Cash generated from operations Interest paid |
I | 166,159 ~12722) |
(288,704) ~12927) |
| Net cash provided by/(used In) operating |
activities | ~153437 | ~301 631) |
| Cash flows from investing activities |
|||
| Purchase of intangible fixed assets Purchase of tangible fixed assets Interest received |
(3,075) (1,561) ~2616 |
(30,030) (1,195) ~1002 |
|
| Net cash used in investing activities |
~2020) | ~30 223) | |
| Change In cash and cash |
|||
| equivalents in the reporting period |
151,417 | (331,854) | |
| Cash and cash equivalents at the |
|||
| beginning ofthe reporting period |
~515822 | ~847 676 | |
| Cash and cash equivalents at the |
|||
| end ofthe reporting period |
~667 239 | ~515 822 |
| OPERATING ACTIV | ITIES | ||||
|---|---|---|---|---|---|
| 2022 E |
2021 I |
||||
| Net Income/(expenditure) the Statement of Financial Adjustments for: |
for the reporting Activities) |
period (as per | 803 | (34,906) | |
| Depreciation charges Interest received Interest paid |
46,948 (2,616) 12I722 |
47,211 (1,002) 12,927 |
|||
| (Increase)/decrease Increase in debtors Increase/(decrease) |
in stocks in creditors |
(355) (8,184) ~ii6 841 |
265 (11,385) ~301814) |
||
| Net cash provided | by/(used | In) operations | ~166159 | ~288 704) | |
| ANALYSIS OF CHANGES IN | NET FUNDS | ||||
| At' 1.1.22 | Cash flow | At 31.12.22 | |||
| I | E | ||||
| Net cash | |||||
| Cash at bank | ~515822 | ~151417 | ~667 239 | ||
| ~515822 | ~151417 | ~667 239 | |||
| Total | ~515822 | ~151417 | ~667 239 |
| 4. | INVESTMENT INCOME | INVESTMENT INCOME | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||
| f | E | |||||||||
| Deposit account interest | ~2616 | ~1002 | ||||||||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | |||||||||
| Activity | 2022 f |
2021 E |
||||||||
| Publications | Educational | Magazines | & | Directory | 29,976 | 22,381 | ||||
| Maintaining | Professional | Standards | & | |||||||
| Fees from members | Awa re ness | ~853 379 | ~803 600 | |||||||
| ~883355 | ~825 981 | |||||||||
| 6. | RAISING FUNDS | |||||||||
| Other trading activities | ||||||||||
| 2022 f |
2021 | |||||||||
| Cost of supplies sold |
~8342 | ~4713 | ||||||||
| 7. | CHARITABLE ACTIVITIES COSTS | |||||||||
| Grant | ||||||||||
| funding | of | |||||||||
| activities | Support | |||||||||
| Direct | (see note | costs (see | ||||||||
| Costs | 8) | note 9) | Totals | |||||||
| E | E | E | E | |||||||
| Educational Magazines & Directory Support Services for Members |
176,152 | 23,386 | 78,773 267,458 |
254,925 290,844 |
||||||
| Maintaining Professional |
Standards | |||||||||
| &Awareness | 242 600 | 249 10D | 491 7DD | |||||||
| 418752 | 23 | 306 | ~95 33 | 1037 69 | ||||||
| 8. | GRANTS PAYABLE | |||||||||
| 2022 f |
2021 E |
|||||||||
| Support Services for Members | ~23 386 | ~20 790 |
| SUPPORT | COSTS | |||||||
|---|---|---|---|---|---|---|---|---|
| Staff | Commun- | ONce | Premises | |||||
| costs I |
ications I |
costs I |
cost'5 I |
|||||
| Educational Directory |
Magazines | fk | 23,348 | 7,813 | 41,312 | 2,060 | ||
| Support Services for Members |
168I624 | 7g812 | 41,313 | 14,891 | ||||
| Maintaining Standards |
Professional Ik Awareness |
~67450 | ~7814 | ~41324 | ~5957 | |||
| 2~59 422 | ~23 439 | 1~23949 | ~22 908 | |||||
| Meeting | It | |||||||
| Finance | conference | Governance | ||||||
| costs I Other I |
expenses I |
costs I |
Totals I |
|||||
| Educational Directory |
Magazines | lt | 4,240 | 78,773 | ||||
| Support Services for Members |
4,241 6,587 |
14,681 | 9,309 | 267,458 | ||||
| Maintaining Standards |
Professional S.Awareness |
~4241 ~26 352 |
~58 729 | ~37 233 | 2~49 100 | |||
| ~12 722 ~32939 |
~73 410 | ~46 542 | 5~95331 | |||||
| Activity | Basis of allocation | |||||||
| Staff costs | Use ofStaff Time | |||||||
| Commun Icatlons |
Use of Resources | |||||||
| Office costs | Use of Resources | |||||||
| Premises costs | Use ofStaff Time | |||||||
| Finance costs | Use of Resources | |||||||
| Other | Use of Resources | |||||||
| Meeting It | conference | expenses | Use of Resources | |||||
| Governance | costs | Use of Resources |
| Net Income/(expenditure) is stated after charging/(cr |
editing): | |
|---|---|---|
| 2022 I |
2021 | |
| Auditors' remuneration Taxatlon compliance services Depreciation - owned assets Development costs amortlsatlon |
9,016 968 3,302 ~43 646 |
8,500 939 4,334 ~42 877 |
| STAF | F COSTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| E | I | ||
| Wages Social Other |
and salaries security costs pension costs |
417,609 40,981 ~30495 |
374,139 34,578 ~27 826 |
| ~489085 | ~436 543 |
| The full time equivalent number of employees |
for the year was as follows; | |
|---|---|---|
| 2022 | 2021 | |
| Membership Technical |
5 1.6 |
4 1.6 |
| Support | 3 | 4 |
| Tota I | 9.6 | 9.6 |
| The average monthly number of employees |
during the year was as follows: |
|
|---|---|---|
| 2022 | 2021 | |
| Management | 3 | 3 |
| Technical | 2 | 2 |
| Administration | 6 | 6 |
| Contributions totalling scheme for higher paid |
f16,262 (2021: f15,821) paid during the year employees. |
f16,262 (2021: f15,821) paid during the year employees. |
f16,262 (2021: f15,821) paid during the year employees. |
f16,262 (2021: f15,821) paid during the year employees. |
under mon |
ey purchase |
|
|---|---|---|---|---|---|---|---|
| 14. | COMPARATIVES FOR |
THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||||
| funds I |
funds I |
funds E |
|||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Charitable activities |
|||||||
| Educational Magazines |
& Directory | 22,381 | 22,381 | ||||
| Maintaining Professional |
Standards | & | |||||
| Awareness | 803,600 | 803,600 | |||||
| Other trading activities |
27,752 | 27,752 | |||||
| Investment Income |
1,002 | 1,002 | |||||
| Other income | 28 249 | 28 249 | |||||
| Total | 882 984 | 882 984 | |||||
| EXPENDITURE ON | |||||||
| Raising funds | 4,713 | 4,713 | |||||
| Charitable activities |
|||||||
| Educational Magazines |
& Directory | 190,797 | 190,797 | ||||
| Support Services for Members | 392,817 | 392,817 | |||||
| Maintaining Professional |
Standards | &. | |||||
| Awareness | 329 963 | 329 863 | |||||
| Total | 917890 | 917890 | |||||
| NET INCOME/(EXPENDITURE) | (34,906) | (34,906) | |||||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought forward |
1,307,326 | 1,307,326 | |||||
| TOTAL FUNDS CARRIED FORWARD | 1 272 420 | — | 1 272 420 |
| INTANGIBLE FIXED ASSETS | |
|---|---|
| Development | |
| costs | |
| f | |
| COST | |
| At I January 2022 Additions |
233,391 3,075 |
| Disposals | ~61883) |
| At 31December 2022 | ~174583 |
| AMORTISATION | |
| At 1January 2022 Charge for year Eliminated on disposal |
109,670 43,646 ~6i 883) |
| At 31 December 2022 | ~91433 |
| NET BOOK VALUE | |
| At 31December 2022 | ~83 150 |
| At 31December 2021 | ~123 721 |
| TANGIBLE FIXED ASSETS | |||
|---|---|---|---|
| Fixtures | |||
| Freehold | and | ||
| property f |
fittings f |
Totals f |
|
| COST | |||
| At 1January 2022 Additions Dlsposals |
790,000 | 129,523 1,561 ~73609) |
919,523 1,561 ~73 609) |
| At 31December 2022 | 7~90000 | ~57475 | 8~47 475 |
| DEPRECIATION | |||
| At IJanuary 2022 Charge for year Eliminated on disposal |
123,643 3,302 ~73 609) |
123,643 3,302 ~73609) |
|
| At 31 December 2022 | ~53336 | ~53 336 | |
| NET BOOK VALUE At 31December 2022 |
7~90000 | ~4139 | ~794 139 |
| At 31December 2021 | ~790 000 | ~5880 | ~795 880 |
| FIXED ASSET INVESTMENTS | ||
|---|---|---|
| Shares | In | |
| group | ||
| undertakings I |
||
| MARKET VALUE | ||
| At 1January 2022 and |
||
| 31December 2022 | ||
| NET BOOK VALUE | ||
| At 31December 2022 | 3 | |
| At 31December 2021 | 3 |
Registered oNce: 6 Nature of business: |
Registered oNce: 6 Nature of business: |
4 Station Lane, Non-trading |
Hornchurch, England, |
Hornchurch, England, |
RM12 6NB | |||
|---|---|---|---|---|---|---|---|---|
| Class ofshare: | holding | |||||||
| Ordinary | 100 | |||||||
| 2022 E |
I | 2021 | ||||||
| Aggregate | capital and reserves | 1 | 1 | |||||
| Greenplumb Limited |
||||||||
| Registered | office: 64 Station Lane, | Hornchurch, | England, | RM12 6NB | ||||
| Nature of business: |
Non-trading | |||||||
| Class ofshare: | holding | |||||||
| Ordinary | 100 | |||||||
| 2022 | I | 2021 | ||||||
| Aggregate | capital and reserves | 1 | 1 | |||||
| Safeplumb | Limited | |||||||
| Registered | office: 64 Station Lane, | Hornchurch, | England, | RM12 6NB | ||||
| Nature of business: |
Non-trading | |||||||
| Class ofshare: | holding | |||||||
| Ordinary | 100 | |||||||
| 2022 | 2021 | |||||||
| E | ||||||||
| Aggregate | capital and reserves | 1 | 1 |
| STOCKS | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 6 | I | |||||
| Stocks | ~6875 | ~6520 | ||||
| DEBTORS: AMOUNTS | FALLING DUE WITHIN | ONE YEAR | ||||
| 2022 | 2021 | |||||
| E | I | |||||
| Trade debtors Other debtors |
9,727 100 |
5,015 100 |
||||
| VAT | 1,117 | 2,951 | ||||
| Prepayments | &accrued | Income | ~32048 | ~26 742 | ||
| ~42 992 | ~34 808 | |||||
| CREDITORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | |||||
| 6 | ||||||
| Trade creditors | 12,036 | 40,059 | ||||
| Social security | and other | taxes | 894 | 17,465 | ||
| Other creditors Deferred income Accrued expenses |
11,705 238,331 ~58 209 |
10,451 121,194 ~15 165 |
||||
| ~321175 | ~204 334 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.1.22 | In funds | 31.12.22 | ||||
| I | I | 6 | ||||
| Unrestricted | funds | |||||
| General fund Revaluation |
Reserve | 549,435 722 985 |
803 | 550,238 722 98~ |
||
| 1 | 272 420 | 803 | 1273 223 | |||
| TOTAL | FUN | DS | 1 | 272 420 | 803 | 1273223 |
| Net mo | vement | In funds, included In th |
e above are as follows: | ||
|---|---|---|---|---|---|
| incoming | Resources | Movement | |||
| resources I |
expended I |
In funds I |
|||
| Unrestricted | funds | ||||
| General | fund | 170467614 | (170457811) | 803 | |
| TOTAL | FUNDS | 10466 4 | ~045811) | 803 |
| Compar | atlve | s for movement In fun |
ds | |||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.1.21 | In funds | 31.12.21 | ||||
| f | f | f | ||||
| Unrestricted | funds | |||||
| General | fund | 584,341 | (34,906) | 549,435 | ||
| Revaluation | Reserve | 722 985 | 722 985 | |||
| 1 | 307 326 | ~34 906) | 1 272 420 | |||
| TOTAL | FUNDS | 1 | 307 326 | ~34 9'6) | 1 272 420 |
| Compara | tive | net movement In funds, I |
ncluded in the above are as follo |
ws: | |
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended f |
ln funds f |
|||
| Unrestricted | funds | ||||
| General | fund | 882,984 | (917,890) | (34,906) | |
| TOTAL | FUNDS | ~882 984 | ~917890) | ~34906) |
| A curren | t ye | ar 12 months and prior ye |
ar 12 months combin |
ed position |
Is as follows: | |
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.1.21 | In funds | 31.12.22 | ||||
| f | f | |||||
| Unrestricted | funds | |||||
| General fund Revaluation |
Reserve | 584,341 722 985 |
(34,103) | 550,238 722 985 |
||
| 1 | 307 326 | ~34 103) | 1 273 223 | |||
| TOTAL | FUNDS | 1 | 307 326 | ~34 103) | 1 273 223 |
| the abo | ve are | as follows: | |||
|---|---|---|---|---|---|
| incoming | Resources | Movement | |||
| resources f |
expended f |
ln funds | |||
| Unrestricted | funds | ||||
| General | fund | 179291598 | (11963701) | (34 103) | |
| TOTAL | FUNDS | 1929 598 | ~1963701) | ~34 103) |
| 2022I | 2021I | |||
|---|---|---|---|---|
| INCOME AND | ENDOWMENTS | |||
| Donations and |
legacies | |||
| Legacies | 94,793 | |||
| Other trading | activities | |||
| Sales of supplies Office services Sundry Income |
41,698 11,467 12685 |
7,121 9,088 11543 |
||
| 65,850 | 27,752 | |||
| Investment Income |
||||
| Deposit account | interest | 2,616 | 1,002 | |
| Charitable activities |
||||
| Fees from members Publications |
853,379 29876 |
803,600 22 381 |
||
| 883,355 | 825,981 | |||
| Other income | ||||
| Grant income | 28 24~ | |||
| Total Incoming | resources | 170467614 | 8827984 | |
| EXPENDITURE | ||||
| Other trading activities |
||||
| Cost of supplies | sold | 8,342 | 4,713 | |
| Charitable activities |
||||
| Wages | 173,199 | 42,060 | ||
| Social security Pensions |
19,702 13,029 |
3,281 2,059 |
||
| Maintaining professional |
standards | 55,888 | 56,637 | |
| Magazine costs |
93,105 | 96,599 | ||
| Awareness | 53,687 | 41,525 | ||
| Service for members Grants to Institutions |
10,142 23 386 |
7,623 20 790 |
||
| 442,138 | 270,574 | |||
| Support costs | ||||
| Staff costs | ||||
| Wages | 213,304 | 304,444 | ||
| Social security | 180045 | 287576 | ||
| Pensions | 15,248 | 23,723 | ||
| Other staff costs | 1282~ | 10880 | ||
| 259,422 | 367,623 |
| 2022I | 2021I | |||
|---|---|---|---|---|
| Staff costs | ||||
| Communications | ||||
| Telephone | 4,014 | 3,429 | ||
| Postage and stationery | 1942~ | 17691 | ||
| 23,439 | 21,120 | |||
| Office costs | ||||
| Insurance | 13,258 | 14,274 | ||
| Postage and stationery | 16,201 | 13,459 | ||
| Repairs and renewals | 6,226 | 5,621 | ||
| Sundries IT support services |
5,502 35,815 |
3,087 40,565 |
||
| Depreciation of tangible |
fixed assets | 46947 | 47 211 | |
| 123,949 | 124,217 | |||
| Premises costs | ||||
| Rates and water Light and heat |
3,284 3,960 |
3,247 1,934 |
||
| Premises repairs |
1~ 664 | 3 016 | ||
| 22,908 | 8,197 | |||
| Finance costs | ||||
| Bank charges Card service charges |
7,955 4767 |
6,223 6 704 |
||
| 12,722 | 12,927 | |||
| Other | ||||
| Legal 60 professional |
fees | 3,385 | 5,955 | |
| Subscrlptlons | 5,347 | 5,046 | ||
| Unrecoverable VAT |
24 20 | 18 975 | ||
| 32,939 | 29,976 | |||
| Meeting 8t conference Meeting expenses Website expenses |
expenses | 29,714 43 696 |
9,489 27 215 |
|
| 73,410 | 36,704 | |||
| Governance costs |
||||
| Wages | 31,106 | 27,635 | ||
| Social security Pensions Auditors' remuneration Auditors' remuneration |
for non audit work | 3,234 2,218 9,016 968 |
2,721 2,044 8,500 939 |
|
| 46 ~42 | 41 839 | |||
| Total resources expended |
104~ 811 | 917890 | ||
| Net income/(expenditure) | 803 | ~34 906] |