10 June 2024
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds Note'2022 sÊ |
Funds 2022 I |
Funds 2022 t Funds 2021t |
|||
| lncomefrom: | |||||
| Othertrading activities-subsidiary | 2 | 56,145 | 56,145 | 42,322 | |
| Charitable activities: | |||||
| Educational activities | 3 | 170,103 | 170,103 | 30,204 | |
| lnvestment income | |||||
| Totallncome: | 226,248 | 226,24872,526 | |||
| Expenditure on: | |||||
| Othertrading activities-subsidiary | 2 | 145,749 | 145,749 | 90,764 | |
| Charitable activities-costofeducational | 4 | 173,368 | 173,368 | 84,369 | |
| provision | |||||
| Otherexpenditure | 7 | ||||
| Total Expenditure: | 319,117 | 319,117 | 175,133 | ||
| Netincome/(expenditure): | (92,869) | (92,869)(102,607) | |||
| ReconciliationofFunds: | |||||
| Balance brought forward | (e1,114| | (91,114) | 11 493 | ||
| TotalFundsCarried Fonrard: | (183,983) | (183,983) | (91,114) |
| Group | Charity | Charity | |||
|---|---|---|---|---|---|
| 2022 Notes I |
2021 I |
t 2022 |
2021t | ||
| FixedAssets | |||||
| lnvestments | 9 | 1 | |||
| CurrentAssets | |||||
| Debtors | 10 | 186,764 | 48,735 | 236,641 | 97,009 |
| Cash at Bank and inHand | 43,909 | 31,364 | 29,405 | 16,705 | |
| 230,673 | 80,419 | 266,046 | 113,804 | ||
| Creditors: Amounts fallingdue | 11 | (414,656) | (171,533) | (317,632) | (162,126) |
| withinone year | |||||
| Netcurrentassets | (183,983)(91,114) | (51,586)(48,322) | |||
| Netassets | (183,983)(91,114) | (51,586)(48,321) | |||
| Thefundsofthe group/charity: Unrestricted income funds |
12 | (183,983)(91,114) | (51,586) | (48,321| |
| 2022 | 2021 | |
|---|---|---|
| f | Ê | |
| Cashflowsfromoperating activities | ||
| Net (expenditure)/income forthereportingperiod | (92,868) | (102,607) |
| Depreciation charges | ||
| lnvestmentincome | ||
| Decrease/(increase)indebtors | (137,979) | 8,099 |
| lncrease/(decrease)incunentliabilities Netcashgeneratedby /(usedin)operating activities |
243,122 12,275 |
14,052\ (108,560) |
| Cashflowsfrominvesting activities | ||
| lnvestmentincome | ||
| Netcash providedbyinvesting activities | ||
| Changein cashand cashequivalentsinthe reportingperiod | 12,275 | (108,560) |
| Cash andcash equivalentsatbeginning of reportingperiod | 31,634 | 140 194 |
| Cash andcash equivalentsattheendof reportingperiod | 43,909 | 31,634 |
| 2022 | 2021 | |
|---|---|---|
| Totalt | TotalI | |
| Turnover Cost of sales |
56,145 ( ,819) |
42,322 (3,505) |
| Grossprofit | 54,326 | 38,817 |
| Administration costs | (143,930) | (87,259) |
| Other interest receivable | ||
| Lossbeforetaxation | (89,604) | (48,442) |
| ïaxation | ||
| Retained profit broughtfonruard | (42,793|5,649 | |
| Retainedprofit carriedfonrard | (132,397) | (42,793) |
| The assets, liabilities and funds of the subsidiary were: | ||
| Assets | 131,407 | 61,151 |
| Liabilities | (263,803) | (103,944) |
| Capitalandreserues | (132,397) | (42,793) |
| 3.Incomefrom Activ | itiestoFurtherthe Ch | arity's Objectives | ||
|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |
| I | t | Totalt | Totalt | |
| Regional Conference | 100,153 | 100,153 | ||
| Sponsorship lncome | 40,890 | 40,890 | 7,406 | |
| Educational Activities | 29 060 | 29,060 | 22,798 | |
| 170,103 | 170,103 | 30,204 |
| 4.Charitable activities | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |
| Ê | I | TotalI | Total t |
|
| Charitable activities- | ||||
| Regional conference costs | 81,574 | 81,574 | (41e) | |
| Support costs | 91 794 | 91,794 | 84 788 | |
| 173,368 | ____12Ë9!_ | 84,369 |
| 5.Support costs | |||||
|---|---|---|---|---|---|
| UnrestrictedRestricted | 2022 | 2021 | |||
| t | Ê | Total Ê |
Totalt | ||
| Salaries and wages | 72,057 | 72,057 | 57,569 |
||
| Redundancy costs | |||||
| Rent, service charge andrates | 5,034 | ||||
| Office supplies | 2,637 | 2,637 | 924 | ||
| Repairs and maintenance | 40 | ||||
| Telephone | 592 | 592 | 649 | ||
| Travel | 237 | ||||
| Bank charges and foreign | |||||
| exchange loss | 664 | 664 | 1,199 | ||
| Depreciation Governance costs |
15,844 | 15,844 | 19,137 |
||
| 91,794 | 91,794 | ____qÃ8 |
| 6.Governancecosts | |||
|---|---|---|---|
| UnrestrictedRestricted | 2022 | 2021 | |
| I t |
Totalt | Totalt | |
| Legal fees | 208 | 208 | 2,434 |
| Audit fees | |||
| -inrespect of current year | 11,000 | 11,000 | 8,350 |
| -inrespect of prior years | 1,100 | ||
| Auditors-other services | 4 636 | 4,636 | 7,253 |
| 15,844 | 15,844 | 19,137 |
| NotesFormingPartoftheFinancial St une30, 2022(continued) 8.Staff Costs andNumbers |
atementsforthe YearEnded | atementsforthe YearEnded |
|---|---|---|
| Group | ||
| 2022 t |
2021I | |
| Salaries | 140,472 | 116,206 |
| Social security costs | 12,807 | 11,438 |
| Pension costs | 4,466 | 3,525 |
| 1571+s_ | __9q&9_ | |
| Average staff numbersintheyear | ||
| were | 3 | 3 |
| 10.Debtors | ||||
|---|---|---|---|---|
| Group | Charity | |||
| 2022 t |
2021 Ê |
2022I | 2021 Ê |
|
| Trade debtors | 105,535 | 1,018 | 19,759 | 1,018 |
| Amount due from subsidiary | 208,163 | 94,536 | ||
| Other debtors | 8,459 | 9,096 | 722 | 722 |
| Prepayments | 72,771 38,671 186164_$l!r |
7,997 236,641 |
__lzpqg_ 823 |
| 11.Creditors: AmountsFalling | duewithinoneYea | duewithinoneYea | r | ||
|---|---|---|---|---|---|
| Group | Charity | ||||
| 2022 t |
2021 t |
2022 Ê |
2021I | ||
| Trade creditors | |||||
| Taxation and social security | 26,629 | 20,753 | 15,891 | 19,990 | |
| Accruals and deferred income | 93,736 | 24,443 | 29,962 | 18,893 | |
| Dueto American Associationof | |||||
| Petroleum Geologists | 294,291 | 126,337 | 271,779 | 123,243 | |
| Other creditors | |||||
| 414,656 | _l!qóqt | 317,632 | 171,091 |
| 12. Unrestricted funds | ||
|---|---|---|
| JulyI lncoming Resources |
June30 | |
| 202'l Ê Resources I Expended t |
2022 Ê |
|
| Group Generalfund |
(91,114)226,248(319,117) | (183,983) |
| Charity Generalfund |
(48,321)170,103 (173,368)(51,589) | |
| Funds retained in subsidiary | (132,397) |
| Group | Charity | ||||
|---|---|---|---|---|---|
| 2022 Ê |
2021 t |
2022 I |
2021 t |