## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS (INCORPORATED UNDER ROYAL CHARTER) REPORT AND CONSOLIDATED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2021**
## **MURRAY SMITH LLP Chartered Accountants**
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 28 FEBRUARY 2021**
|**Index**|**Page (s)**|
|---|---|
|Company information|1-3|
|Report of the Trustees|4-12|
|Report of the Auditors|13-|
||16|
|Accounting Policies|17|
|Consolidated Statement of Financial Activities|18|
|Consolidated Balance Sheet|19|
|Holding Company Balance Sheet|20|
|Notes to the Financial Statements|21-|
||26|
|Detailed Notes to the Income and Expenditure Account|27|
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **COMPANY INFORMATION**
**Company No.** RC000832
**Charity No.** 1131469 **Registered Office** Dominion House Sibson Road Sale Manchester M33 7PP
**Trustees** F Baker J Battersby H Bell C Birchall J Chapman I Cowling P East-Jones A Evans P Hallsworth M Hudson D Loosemore J McCluskey C Murphy C Preston S Slessor P Tosland
P Waterhouse
**Chief Executive Officer** S A Allen
**Hon Secretary** I Bush
**Bankers**
Royal Bank of Scotland, Altrincham
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**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **COMPANY INFORMATION – Continued**
**Auditors** Murray Smith LLP Chartered Accountants Statutory Auditors Darland House 44 Winnington Hill Northwich Cheshire CW8 1AU **Solicitors** Baker and McKenzie, London Bates Wells and Braithwaite, London Mayer Brown, London Davis Blank Furniss, Manchester
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CHARTERED INSTrrtrrIoN OF CIVIL ENGINEERING SURVEYORS
## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **REPORT OF THE TRUSTEES For the year ended 28 February 2021**
The trustees present their report with the financial statements of the charity for the year ended 28 February 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (the FRS102) (effective 1 January 2015).
## **HISTORY**
The Institution was established in 1969 as the Association of Surveyors in Civil Engineering and was incorporated as a Company Limited by Guarantee (Number 1042664) on 16 February 1972. It subsequently changed its name to the Institution of Civil Engineering Surveyors (ICES) on 31 December 1980 following a successful submission to the Registrar of Companies. The Institution of Civil Engineering Surveyors became a Registered Educational charity and entered on the central register of charities on 14 August 1992, registration number 1013672.
On 2 September 2009, following a successful petition to the Privy Council, the Institution of Civil Engineering Surveyors was granted a Royal Charter of Incorporation and became a new legal entity known as the Chartered Institution of Civil Engineering Surveyors. An Asset Transfer Agreement was made and signed on the 3 September 2009 transferring the assets of ICES to the Chartered Institution of Civil Engineering Surveyors.
The Charity Commission granted charitable status to the Chartered Institution of Civil Engineering Surveyors on 2 September 2009, registration number 1131469.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Object**
As stated in Article 4 of the Charter:
“The object for which the Institution is established (hereinafter referred to as the “Object”) is to advance the science and art of civil engineering surveying in all aspects of the specialisations of geospatial engineering and commercial management within civil engineering for the benefit of the public, in particular but not exclusively by upholding and advancing the standards of education, competence, practice and conduct of members of the institution”.
## **Organisation and Decision Making Structure**
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
The organogram on page 3 shows the organisational and decision making structure of the Chartered Institution of Civil Engineering Surveyors (hereinafter referred to as the Institution). The decisions or recommendations made by the various committees are submitted to Council of Management for endorsement or approval compliant with the Charter and Bye-laws, and with Regulations and other Rules as may be approved, from time to time, by the Council of Management.
## **REPORT OF THE TRUSTEES For the year ended 28 February 2021 - Continued**
## **The Council of Management (CoM)**
The governance and control of the Institution and its affairs is vested in the CoM in accordance with Article 10.1 of the Charter. CoM meets at least 3 times each year to consider and approve business generated by the Institution’s committees, panels and working groups.
The CoM comprises the President, a Senior Vice President, Vice President and Immediate Past President, nominated in accordance with Bye-laws 35 – 37, and fourteen members either
elected by postal ballot of the Institution’s corporate membership, or appointed or co-opted by CoM in accordance with Bye-laws 41 and 45 - 47.
All members of CoM are directors and trustees of the Institution. Those who held office during 2019-2020 are shown on page 1.
All members of the CoM are regularly informed of their roles and responsibilities as directors and trustees of the Institution.
Members of the Institution give their time to CoM and committees on a voluntary basis. The success of the Institution is dependent upon the efforts of its members supported by professional staff. The Chief Executive Officer (CEO) and his staff are responsible to the CoM for all aspects of the day-to-day business of the Institution.
The strategies for the continued achievement of the Object are determined by the Core Committees, and Panels and Working Groups established for that purpose, and endorsed or approved by the CoM. The activities are subsequently programmed and budgeted against the income provided by membership subscriptions, rentals and any donations received.
## **Committees, Panels and Working Groups (WG)**
Committees, Panels and WGs are comprised of members with specific knowledge and expertise in the relevant area for which they are established. The Core Committees function by meeting regularly and
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
reporting to CoM. Other Committees, Panels and WGs meet and report as business requirements dictate.
## **Rules of Professional Conduct and Disciplinary Regulations**
The Institution has a detailed and enforceable Rules of Professional Conduct and Disciplinary Regulations for dealing with any complaints concerning the conduct of members. One formal complaint was received during the course of the financial year.
## **Regions of the Institution**
To provide for members’ requirements the United Kingdom is divided into 8 regions with regions also in Ireland and Northern Ireland, Hong Kong, United Arab Emirates and Macau.
## **REPORT OF THE TRUSTEES For the year ended 28 February 2021 - Continued**
Members of the Institution are allocated to a region of the members’ own choice, usually by geography of their home or place of work address. Each region appoints its own officers and region committee members and operates on subventions based on budgeted activities. The function of the region committee is to organise local activities and CPD events for its members and to represent the Institution’s interest at regional level.
## **RELATIONSHIP WITH OTHER PROFESSIONAL ORGANISATIONS**
The Institution operates worldwide. However, since its Headquarters is in the UK and the centre of gravity of its membership lies in the UK, it operates principally with other UK-based construction orientated organisations, many of which also operate worldwide:
- Together with other UK-based construction professional organisations the Institution is an active member of the UK Construction Industry Council (CIC) who advise and provide a unified voice to the UK Government on construction-related activities.
- The Institution is a full member of the Federation Internationale de Geometres (FIG) an international Federation of Surveyors. It is a worldwide organisation with a federation of 120 national member associations. FIG has 10 structured commissions covering all aspects of surveying and the Institution currently provides support in particular for Commission 6 (Engineering Surveys) and Commission 10 (Construction Economics and Management). FIG operates in collaboration with the United Nations and other international and
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
regional agencies in the formulation of policies effecting the use, development and management of land and marine resources.
- The Institution is a member of the UK-based Academy of Experts, an organisation devoted to the wider professional dissemination of knowledge and practices associated with the skill and art of practising as a legal Expert.
- The Institution has an Agreement of Cooperation with the Institution of Civil Engineers (ICE), the premier professional Institution for the profession of Civil Engineering. It is active in jointly providing membership and expertise to the Geospatial Engineering Panel and the Management Panel and undertakes various activities in the pursuit of excellence in the interest of the public at large, the industry and the institutions.
- The Institution has a wholly owned trading subsidiary SURCO Limited which operates in accordance with UK Charities legislation.
- The Institution is a licensed member of the Engineering Council (EC)
- The Institution is a member of the International Cost Engineering Council (ICEC)
## **REPORT OF THE TRUSTEES For the year ended 28 February 2021 – Continued**
In addition to the foregoing the Institution has close and regular liaison with, amongst others:
- The Royal Institution of Chartered Surveyors (RICS)
- The Chartered Institute of Building (CIOB)
- The Chartered Institute of Arbitrators (CIArb)
- The Survey Association of the United Kingdom (TSA)
- Institution of Incorporated Engineers Sri Lanka (IIESL)
- Hong Kong Institute of Surveyors (HKIS)
## **ACTIVITIES**
The activities of the Institution are legally governed in accordance with:
- its Royal Charter of Incorporation
- the guidelines of the Charity Commission
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**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **Principal Activities**
- To maintain high standards of practice and professional conduct by all its members for the benefit of the public and for that purpose to implement schemes for enquiring into professional or business conduct and, where necessary, implementing appropriate disciplinary measures.
- To promote or assist in promoting research into civil engineering surveying and to publish the useful results of such research.
- To provide a means of testing the qualifications of candidates for admission for membership of the Institution by examination in the theory and practice of civil engineering surveying and to issue diplomas, certificates and other awards to successful candidates.
- To organise or support the organisation of conferences, lectures, courses of instructions and other educational events.
- To establish and support regional or local branches having as their objects the furtherance of the objects of the Institution.
- To publish or distribute books, pamphlets, reports, leaflets, journals, films, videos, tapes and other instructional matter.
- To provide library facilities for the use of members and others.
- To make grants to universities or other educational establishments and to establish scholarships or exhibitions and give prizes in furtherance of the objects of the Institution.
## **REPORT OF THE TRUSTEES For the year ended 28 February 2021 – Continued**
## **Significant Activities during the period 1 March 2020– 28 February 2021**
The following is a brief review of the major Institution activities since last year’s report.
Licensed by the Engineering Council to award Chartered Engineer and Incorporated Engineer
Institution Dinner, National Railway Museum, York
Annual regional chairs meeting, Birmingham
Launched three new working groups to drive forward our strategic aims:
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
- Marketing and Branding
- Equality, Diversity and Inclusion
- Knowledge Sharing
Launched a new CPD policy and an online CPD planning and recording system for members
Presidential visits to the UAE, Hong Kong and Macau
National Commercial Management Conference, London
Manchester Lecture
Cambridge Lecture
Joined the National Underground Asset Register (NUAR) Advisory Group
Attended the working week of the International Federation of Surveyors in Vietnam
Co-organisers GEO Business conference, London
A Memorandum of Understanding/Agreement has been established with each of the following organisations:
Association of Authorised Land Surveyors, Malaysia (Renewal)
Hong Kong Institute of Surveyors (Geospatial Renewal)
University College of Estate Management
## **NEW MEMBERS AND UPGRADES**
A total of 680 new members were admitted during the period (including students).
A total of 159 members successfully upgraded during the period.
Total membership at beginning of period: 4,930 (3,875 fee paying) Total membership at end of period: 4,858 (3,842 fee paying) **REPORT OF THE TRUSTEES For the year ended 28 February 2021 – Continued**
## **NEW APPROVED DEVELOPMENT SCHEMES AND OTHER EVENTS**
## **New Approved Development Schemes approved for this period:**
Land and Water Group Datum Monitoring Brunel Surveys Ltd
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
Terrain Surveys SJ Geomatics Macleod Simmonds Amey plc Severn Partnership J N Bentley Ltd TopCon John Sisk and Son Ltd Plowman Craven Geo-Info Ltd Maltby Land Surveys Ltd Storm Geomatics Ltd Twoplustwo
## **Initiatives during the period**
Input to the UK government national Geospatial Commission regarding education in the construction sector
Published the Chartered Institution of Civil Engineering Surveyors: The first 50 years
Submitted evidence at the Scottish Parliament session on project bank accounts and retentions
Lead author of a paper on the State of Geospatial Engineering Education submitted to the Geospatial Commission
Presented at the Scottish Water Commercial Manager’s Conference
## **Company presentations**
38 company presentations have been given to groups of people.
## **Workshops and surgeries**
136 membership surgeries and workshops.
## **REPORT OF THE TRUSTEES For the year ended 28 February 2021 – Continued**
## **Accreditation of Courses (new)**
## **Accreditation of new courses**
University of Plymouth
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
University of Glasgow University of Macau University of Central Lancashire University of the West of England Northumbria University
## **Exhibitions/Events**
GeoBusiness 2019 Inspire Summit (Manchester) Big Bang (Liverpool) Innovation Festival (Newcastle) CIOB Construction Manager of the Year Awards SurveyFest (Salford) Construction Week (Birmingham) Life During and Beyond Geomatics (Newcastle) Geospatial Commission Evening Reception (London) Society of Construction Law (London)
## **ICES 2040 Forum**
A group of dedicated young members provide input to all core and regional committees which aids decision making and strategy setting. They have given presentations at the GeoBusiness Show, Cambridge Lecture and Manchester Lecture.
## **REPORT OF THE TRUSTEES For the year ended 28 February 2021 – Continued**
## **FINANCIAL REVIEW**
Annual Budgeting Policy
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
A budget is prepared annually to forecast all items of income and expenditure. Each year it is the intention of the Institution to balance income with expenditure.
- Reserves Policy
The Trustees aim to retain a level of liquid reserves that provide sufficient working capital to cover the Charity’s day to day activities together with an amount for contingencies.
- For the period 1 March 2019 to 29 February 2020, income exceeded expenditure by £52,896
- As can be seen from the accounts, the Principal funding streams have been from members subscriptions and rental income which is budgeted against planned activities and administration requirements.
- The policy for investments is for any surplus monies to be placed with the UK Treasury to earn maximum interest at no risk to the Charity. This is in accordance with UK Charities legislation guidelines.
## **TRUSTEES’ RESPONSIBILITIES**
The trustees are responsible for their annual report, and the preparation of financial statements for each financial year which give a true and fair view of the incoming resources and application of those resources to the charity during the year, and of the state of affairs at the end of the year. In preparing these financial statements, the trustees are required to:
- ensure that suitable accounting policies are established and applied consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether the applicable accounting standards and statement of recommended accounting practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees have overall responsibility for ensuring that the charity has appropriate systems and controls, financial and otherwise. They are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and for their proper application as required by charity law, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:
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**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **REPORT OF THE TRUSTEES For the year ended 28 February 2021 – Continued**
- the charity is operating efficiently and effectively;
- all assets are safeguarded against unauthorised use or disposition and are properly applied;
- proper records are maintained and financial information used within the charity, or for publication, is reliable; and
- the charity complies with relevant laws and regulations.
## **STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS**
So far as the trustees are aware, there is no relevant audit information of which the charity’s auditors are unaware, and each trustee has taken all the steps that they ought to have taken as a trustee in order that they are conversant with any relevant audit information and to establish that the charity’s auditors are aware of that information.
This report has been prepared in accordance with the Statement of Recommended Practice Accounting and Reporting by Charities.
BY ORDER OF THE COUNCIL OF MANAGEMENT:
I Bush Honorary Secretary
Date: 30 June 2020
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**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **INDEPENDENT AUDITORS REPORT TO THE TRUSTEES For the year ended 28 February 2021**
## **Opinion**
We have audited the financial statements of the Chartered Institution of Civil Engineering Surveyors (“the Parent Charity”) and its subsidiary (“the Group”) for the year ended 28 February 2021 which comprise the consolidated statement of financial activities, the consolidated and parent charity balance sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
- give a true and fair view of the state of the Group’s and of the Parent Charity’s affairs as at 28 February 2021 and of the Group’s incoming resources and application of resources for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the Group and the Parent Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
- the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
- the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Group or the Parent Charity’s ability to continue to adopt the going concern basis of accounting for the period of at least twelve months from the date when the financial statements are authorised for issue.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
## **INDEPENDENT AUDITORS REPORT TO THE TRUSTEES For the year ended 28 February 2021 - Continued**
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you, if in our opinion:
- the information contained in the financial statements is inconsistent in any material respect with the trustees Annual Report; or
- proper accounting records have not been kept by the Parent Charity; or
- the Parent Charity financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
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**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **Responsibilities of Trustees**
As explained more fully in the Statement of Trustees Responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the Group’s and the Parent Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees’ either intend to liquidate the Group or the parent Charity or to cease operations, or have no realistic alternative but to do so.
## **Auditor’s responsibilities for the audit of the financial statements**
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with Acts and relevant regulations made or having effect thereunder.
This report is made solely to the Charity’s trustees, as a body, in accordance with the Charities Act 2011. Our audit work has been undertaken so that we might state to the Charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
## **INDEPENDENT AUDITORS REPORT TO THE TRUSTEES For the year ended 28 February 2021 - Continued**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when its exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
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**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
The audit procedures designed to identify irregularities included:
- Enquiry of management and those charged with governance around actual and potential litigation and claims
- Enquiry of company staff with responsibilities for tax and compliance matters to identify any instances of non-compliance with laws and regulations
- Reviewing any minutes available of meetings of those charged with governance
- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations
- Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business.
There are inherent limitations in the audit procedures described above and, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, intentional misrepresentations or through collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
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## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **INDEPENDENT AUDITORS REPORT TO THE TRUSTEES For the year ended 28 February 2021 - Continued**
## **Use of our report**
This report is made solely to the Charity’s trustees, as a body, in accordance with the Charities Act 2011. Our audit work has been undertaken so that we might state to the Charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity’s trustees’ as a body, for our audit work, for this report, or the opinions we have formed.
Murray Smith LLP Chartered Accountants Statutory Auditors Darland House 44 Winnington Hill Northwich Cheshire CW8 1AU
Date:
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**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **PRINCIPAL ACCOUNTING POLICIES**
The financial statements of the charitable group, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102) “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)” and the Charities Act 2011. The financial statements have been prepared under the historical cost convention and the principal accounting policies are set out below.
## **Consolidated Financial Statements**
The consolidated financial statements include the results of the Chartered Institution of Civil Engineering Surveyors, and its subsidiary undertaking SURCO Limited. A profit and loss account for the holding company has not been presented as permitted by the Charities Act 2011.
## **Incoming Resources**
Incoming Resources represent the total amount receivable by the company for goods supplied and services provided during the particular accounting period, excluding VAT and trade discounts.
## **Resources Expended**
All resources expended are recognised on an accruals basis.
## **Tangible Fixed Assets and Depreciation**
Depreciation is calculated to write down the cost of tangible assets by equal annual instalments over their expected useful lives. The rates generally applicable are:
Freehold properties (excluding land) 2½% Fixtures and fittings 20 - 25% Website 20%
## **Contributions to Pension Funds**
The pension costs charged in the year represent the amount of the contributions payable to defined contribution schemes in respect of the accounting period.
## **Leased Assets**
Payments made under operating leases are charged to the profit and loss account on a straight line basis over the lease term.
## **Risk Exposure**
The Trustees regularly review the risks to which the charity is exposed and systems have been established to mitigate these risks.
## **Reserves Policy**
A general reserves fund is maintained as a minimum six months contingency cover against the possible threat of current rental income ceasing and poor cash flow emanating from late or unpaid subscriptions.
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**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)**
## **FOR THE YEAR ENDED 28 FEBRUARY 2021**
|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|Unrestricted Restricted
Total
Total
Note
funds
funds
2021
2020
£
£
£
£
**INCOME AND ENDOWMENTS FROM**
Incoming resources from generated funds
Investment income
1
1,364
-
1,364 3,028
Rent and similar income
3,715
-
3,715
67,717
Incoming resources from charitable
activities
999
,617
-
999
,617
1,009,267
Total incoming resources
1
,004,696
-
1
,004,696
1,080,012
**EXPENDITURE ON**
**Costs of generating funds**
Bank loan interest payable
-
-
-
(1,091)
Charitable activities
2
(843,859)
-
(843,859)
(974,683)
Governance costs
3
(24
,086)
-
(24
,086)
(51,342)
Total charitable expenditure
(867
,945)
-
(867
,945)
(1,027,116)
**Net incoming resources for the period**
**and surplus of income**
**over expenditure**
136
,751
-
136
,751
52,896
**Other recognised gains and losses**
Regional and prize funds
-
-
-
-|
|---|---|---|---|---|---|---|---|---|
||||||-
-
-
-
-
-
||||
||||||||||
||||||||||
|||-
|||||||
||||||||||
20
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
|**Net movement in funds**
136,751
52,896
**Fund Balances at 1 March 2020**
1,734,679
1,681,783
**Fund balances at 28 February 2021**
1,871,430
1,734,679|- 136,751
1
,723,787
10
,892
1
,860,538
10
,892|
|---|---|
The notes on pages 21 to 26 form part of these accounts
## **CONSOLIDATED BALANCE SHEET AT 28 FEBRUARY 2021**
||Note|2021||2020|2020|2020|
|---|---|---|---|---|---|---|
|||£||||£|
|**FIXED ASSETS**|||||||
|Tangible assets|6|1
,048,044|||||
|1,059,135|||||||
|**CURRENT ASSETS**|||||||
|Stock|8|700|||700||
|Debtors|9|39,817||57,710|||
|Regional funds||3,828||3,828|||
|Cash at bank and in hand|||1
,096,058||||
|947,319|||||||
|||1,140,403|||||
||1,009,557||||||
|**CREDITORS: Amounts falling**|||||||
|**due within one year**|10|(317
,017
)|||||
|(334,013)|||||||
|**NET CURRENT ASSETS**||823
,386||675||,544|
|**TOTAL ASSETS LESS**|||||||
|**CURRENT LIABILITIES**||1,871,430|||||
|1,734,679|||||||
|**CREDITORS: Amounts falling**|||||||
|**due after more than one**|**year**|(-
)||||(-)|
21
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
1 ,871,430
1,734,679
## **FUNDS**
|**FUNDS**||
|---|---|
|General fund
12
1,460,372
Designated fund
12
Regional fund
11
Institution prize fund
11
Revaluation reserve
13
**TOTAL FUNDS**|1,597,123
42,000
42,000
3,828
3,828
7,064 7,064
221
,415
221
,415
1
,871,430|
|||
**TOTAL FUNDS** 1,734,679
The financial statements were approved by the Board of Directors on XXXXXXXX and were signed on its behalf by:
Chris Preston President
The notes on pages 21 to 26 form part of these accounts.
## **HOLDING COMPANY BALANCE SHEET AT 28 FEBRUARY 2021**
|Note
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Stock
8
Debtors
9
Regional funds
Cash at bank and in hand
894,329
946,252|2021
2020
£
£
1
,047,648
1,058,191
200
200
62,132
47,895
3,828
3,828
1
,032,576
1,098,736|2020
£
1,058,191|
|---|---|---|
## **CREDITORS: Amounts falling**
## **NET CURRENT ASSETS**
**due within one year** 10 (306,737) (323,853) **NET CURRENT ASSETS** 791,999 622,399
22
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **TOTAL ASSETS LESS CURRENT LIABILITIES** 1,680,590
1,839,647
## **CREDITORS: Amounts falling due after more than one year**
- (-) ( )
1 ,839,647
1,680,590
## **FUNDS**
|General fund
12
1,406,283
Designated fund
12
Regional fund
11
Institution prize fund
11
Revaluation reserve
13
**TOTAL FUNDS**|1,565,340
42,000
42,000
3,828
3,828
7,064 7,064
221
,415
221
,415|1,565,340
42,000
42,000
3,828
3,828
7,064 7,064
221
,415
221
,415|
|---|---|---|
|||1
,839,647|
1,680,590
The financial statements were approved by the Board of Directors on XXXXXXXXXX and were signed on its behalf by:
Chris Preston President
The notes on pages 21 to 26 form part of these accounts.
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 28 FEBRUARY 2021**
## 1. INVESTMENT INCOME
GROUP
Investment income comprises income from: 2021 2020 £ £ Bank deposits 1 ,364 3,028 2. CHARITABLE ACTIVITIES
GROUP
23
## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
|Expenditure on the advancement of the
science and art of Civil Engineering Surveying
170,196
Advertising and training
52,736
Personnel (note 4)
537,209
Administration
Premises
Miscellaneous
Depreciation
33,376
974,683
3.
GOVERNANCE
GROUP
Committee and oficials’ expenses
Legal and professional fees
Legal and professional fees include:
Auditors remuneration:
Audit services
Non-audit services|
532,185
74,739
58,158
17,240
32
,498|
532,185
74,739
58,158
17,240
32
,498|
532,185
74,739
58,158
17,240
32
,498|79,615
49,424
85,234
69,691
26,241
COSTS
22,424
28
,918|79,615
49,424
85,234
69,691
26,241
COSTS
22,424
28
,918|
|---|---|---|---|---|---|
||843
,859|||||
|||13,013
11
,073||||
|||24
,086||51
,342||
||||6,675
2
,480||6,364
2
,480|
**NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 28 FEBRUARY 2021**
4. DIRECTORS AND EMPLOYEES
GROUP
24
## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
|Staf costs during the period were as follows:
2020
Wages and salaries
446,405
Social security costs
Other pension costs|£
437,221
48,626
46
,338
532
,185|2021
£
46,426
44
,378|
|---|---|---|
||||
## 537,209
The average number of employees in the group, excluding trustees, during the period was 10 (2020: 10), all of whom were engaged in providing services to members and administration.
The emoluments of one member of staff, including benefits in kind, was within the range of £70,000 to £79,999 (2020: was £60,000 to £69,999) and another in the range £100,000 to £110,000 pro rata to full year equivalent (2020: £100,000 to £110,000). None of the trustees received any emoluments during the year.
## 5. TAX ON PROFIT ON ORDINARY ACTIVITIES
The holding company has been approved for charitable status and is therefore not subject to taxation. The subsidiary company has no tax liability for the year following the utilisation of brought forward losses and losses made within the year.
## 6. TANGIBLE FIXED ASSETS - GROUP
|Freehol
d
land and
building
s
£
COST OR VALUATION
At 01 March 2020
1,250,0
00
Additions in the year
-
As at 28 February 2021
1,250,0
00
DEPRECIATION
At 01 March 2020
206,252
Provided in the year
18,750
As at 28 February 2021
225,002|Fixture
s
and
fttings
£
207,74
9
3,407
211,15
6
200,12
4
8,193
208,31|Websi
te
£
27,77
6
18,00
0
45,77
6
20,01
4
5,555
25,56|Total
£
1,485,5
25
21,407
1,506,9
32
426,390
32,498
458,888|Total
£
1,485,5
25
21,407
1,506,9|
|---|---|---|---|---|
25
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
|NET BOOK VALUE
28 February 2021
29 February 2020|1,024,9
98
1,043,7
48|7
2,839
7,625|9
20,20
7
7,762|1,048,0|
|---|---|---|---|---|
|||||44
1,059,1|
|||||35|
## **NOTES TO THE FINANCIAL STATEMENTS - Continued**
## **FOR THE YEAR ENDED 28 FEBRUARY 2021**
6. TANGIBLE FIXED ASSETS (continued) - INSTITUTION
|Freehol
d
land and
building
s
£
COST OR VALUATION
At 01 March 2020
1,250,0
00
Additions in the year
-
As at 28 February 2021
1,250,0
00
DEPRECIATION
At 01 March 2020
206,252
Provided in the year
18,750
As at 28 February 2021
225,002
NET BOOK VALUE
28 February 2021
1,024,9
98
29 February 2020
1,043,7
48|Fixture
s
and
fttings
£
180,03
0
3,407
183,43
7
173,34
9
7,645
180,99
4
2,443
6,681|Websi
te
£
27,77
6
18,00
0
45,77
6
20,01
4
5,555
25,56
9
20,20
7
7,762|Total
£
1,457,8
06
21,407
1,479,2
13
399,615
31,950
431,565|Total
£
1,457,8
06
21,407
1,479,2|
|---|---|---|---|---|
|||||1,047,6|
|||||48
1,058,1|
|||||91|
All tangible fixed assets were used for charitable purposes.
Freehold land and buildings were valued on an open market basis on 14 September 2009 by Stevens Scanlan LLP, Chartered
26
## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
Surveyors. The Trustees are of the opinion that the market value has not changed since this date.
|If land and buildings had not been revalued,
included at the following historical cost:
Cost
Aggregate depreciation
|they would have been
2021
2020
£
£
1
,088,585
1,088,585
190
,000
180,000|they would have been
2021
2020
£
£
1
,088,585
1,088,585
190
,000
180,000|they would have been
2021
2020
£
£
1
,088,585
1,088,585
190
,000
180,000|
|---|---|---|---|
|||
|
180,000|
## **NOTES TO THE FINANCIAL STATEMENTS - Continued**
## **FOR THE YEAR ENDED 28 FEBRUARY 2021**
## 7. INVESTMENT IN SUBSIDIARY COMPANY
At 28 February 2021 the charity owned 100% of the Ordinary share capital of its subsidiary SURCO Limited. Details regarding the subsidiary are as follows:
|Country of Registration|England and|
|---|---|
|Wales||
|Nature of Business|Publications, advertising,|
||training and|
|conferences||
|Registered ofice|Same as parent|
|company||
The results of the subsidiary, which are included in the Consolidated Statement of Financial Activities and Consolidated Balance Sheet, are as follows:
||2021 2020|2021 2020|
|---|---|---|
||£|£|
|Capital and reserves|
(183,219)||
|(160,913)|||
27
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
Profit/(Loss) for the financial year after tax (22,306) (13,843)
|8.
9.
|GROUP
INSTITUTION
2021
2020
STOCKS £
£
£
Consumable stores700
DEBTORS
Trade debtors 26,415
1,571
Due from subsidiary
- -
34,215
Other debtors 1,314
5,627
Prepayments12,088
6,482
39,817
47,895|2020
£
700
43,723
5,627
8,360
57,710|2021
200
200
1,526
48,847
1,314
10
,445
62
,132|2021
200
200
1,526
48,847
1,314
10
,445
62
,132|
|---|---|---|---|---|
||||||
## **NOTES TO THE FINANCIAL STATEMENTS - Continued**
## **FOR THE YEAR ENDED 28 FEBRUARY 2021**
10. CREDITORS: Amounts falling due within one year
||GROUP|GROUP|||
|---|---|---|---|---|
|INSTITUTION|||||
||2021|2020|2021|2020|
||£|£|£|£|
|Trade creditors|39,560|52,27|38,452|51,132|
|||1|||
28
## **CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
||Social security and|Social security and|other|13,032|12,74|8,353|8,353|8,106|8,106|
|---|---|---|---|---|---|---|---|---|---|
||taxation||||6|||||
||Other|creditors|and|264,425|268,9|259,93||264,61||
||accruals||||96||2||5|
|||||317,017|334,0|306,73||323,85||
||||||13||7||3|
|11.|RESTRICTED FUNDS||||Regional||Prize|||
||||||fund||fund|Total||
|||||||£|£||£|
||Balance at 01 March 2020|||||3,828|7,064|||
||10,892|||||||||
||Excess expenditure over income|||||||-
||
||-
|-||||||||
Balance at 28 February 2021 3 ,8287 ,064 10,892
The Regional Fund was established in 1978. Funds are donated annually by the company to regional committees throughout the UK and overseas. The capital and income are used to provide lectures and co-ordinate local activities which further the company’s objectives. The Fund is invested in short-term deposits.
The Prize Fund was established in 1981 to award prizes to outstanding students studying on Institution accredited academic courses. The Fund is invested in short-term deposits.
29
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## **NOTES TO THE FINANCIAL STATEMENTS - Continued**
## **FOR THE YEAR ENDED 28 FEBRUARY 2021**
|12.|UNRESTRICTED FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||GROUP||INSTITUTION|||||
||General fund||||||||£|
|||£||||||||
||At 1 March 2020||1,460,372|||||||
||1,406,283|||||||||
||Surplus for the year||||136,751|||||
||159,057|||||||||
||At 28 February 2021||1
,597,123|||||||
||1,565,340|||||||||
||Designated fund for repairs|||||||||
||At 1 March 2020 and 28 February 2021||||42,000|||||
||42,000|||||||||
|13.|REVALUATION RESERVE|||||||||
||Land and buildings|||||||||
||Reserve at 1 March 2020|and 28 February 2021||||221
,415||||
||221,415|||||||||
|14.|ANALYSIS OF NET ASSETS|||||||||
||BETWEEN FUNDS|||||||||
||||GROUP|||||||
||||||Unrestricted|||||
||Restricted|||||||||
||||funds||funds||||Total|
||||£|||£|||£|
||Tangible fxed assets||1,048,044-|||||||
||1,048,044|||||||||
||Current assets||1,129,51110,892|||||||
||1,140,403|||||||||
||Current liabilities||(317,017)||||-|(317,017)||
||Creditors due after more than one year||-||||-||-|
||||1
,860,538
10||||||,892|
||1,871,430|||||||||
## 15. CONTINGENT LIABILITIES
The group had no contingent liabilities as at 28 February 2021.
30
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
## 16. CAPITAL COMMITMENTS
The group had capital commitments amounting to £nil at 28 February 2021.
## 17. PENSIONS
The group operates a defined contribution pension scheme for the benefit of all employees. The assets of the scheme are administered by trustees in a fund independent from the company.
## **DETAILED NOTES TO THE CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 28 FEBRUARY 2021**
|2021
ADMINISTRATION
£
Postage
12,957
Printing, stationery and advertising
1,350
Telephone and email costs
13,052
Computer and photocopier costs
47
,380
74
,739
PREMISES
Rates and Water
13,726
Insurance
5,422
Electricity, gas and service charges
16,995
Repairs and decoration
12,664
Cleaning
9
,351
58
,158
MISCELLANEOUS
Bank and credit card charges
16,953
Sundry
285
2
,596
17
,238
COMMITTEE AND
OFFICIALS’ EXPENSES
Council of Management
602
Oficials’ expenses
7,737
Education, Training and Membership Committee
(258)
Geospatial Engineering Practices Committee
-
Finance and GP Committee
23
International Afairs Committee
-
Commercial Management Practices Committee
-
Annual General Meeting
4
,909|2021
ADMINISTRATION
£
Postage
12,957
Printing, stationery and advertising
1,350
Telephone and email costs
13,052
Computer and photocopier costs
47
,380
74
,739
PREMISES
Rates and Water
13,726
Insurance
5,422
Electricity, gas and service charges
16,995
Repairs and decoration
12,664
Cleaning
9
,351
58
,158
MISCELLANEOUS
Bank and credit card charges
16,953
Sundry
285
2
,596
17
,238
COMMITTEE AND
OFFICIALS’ EXPENSES
Council of Management
602
Oficials’ expenses
7,737
Education, Training and Membership Committee
(258)
Geospatial Engineering Practices Committee
-
Finance and GP Committee
23
International Afairs Committee
-
Commercial Management Practices Committee
-
Annual General Meeting
4
,909|2020
£
15,551
4,569
14,058
51
,056|2020
£
15,551
4,569
14,058
51
,056|
|---|---|---|---|
||74
,739|85
,234||
||13,726
5,422
16,995
12,664
9
,351
58
,158|11,981
10,558
18,812
18,470
9
,870
69
,691||
||16,953
2
,596
17
,238|23,645
26
,241||
||||5,657
6,028
2,042
543
650
64
3,385
4
,055|
31
**CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS**
|PROFESSIONAL
Accountancy and taxation
Audit fees
Legal fees and company requirements|13
,013|13
,013|22
,424|
|---|---|---|---|
||2,480
6,675
1
,918
11
,073|2,480
6,675
1
,918|2,480
6,364
20
,074|
||||28
,918|
This page does not form part of the statutory financial statements
32