##
|||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|
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||||||||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|
##
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##
|||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|
##
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##
##
|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|
##
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##
##
##
##
|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]|