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2022-03-31-accounts

Company number 6861677 Charity number 1132362

INTBAU LTD

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

INTBAU LTD

CONTENTS

Report of the Trustees 1
Independent Examiner’s Report 9
Statement of Financial Activities 10
Balance Sheet 11
Statement of Cash Flows 12
Notes to the Financial Statements 13

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

INTBAU LTD

The Trustees, who are also the Directors of the charitable company for the purposes of the Companies Act 2006, present their report with the financial statements of the charitable company for the year ended 31 March 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ (FRS102) issued in January 2019.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

6861677 (Registered in England and Wales)

Registered Charity number

1132362

Registered Office

19-22 Charlotte Road Shoreditch London EC2A 3SG

Royal Founding Patron

The (former) Prince of Wales

Trustees

Professor R Adam (Left the board 19/10/2022) C Aslet M R Gunn T Jele ń ski (Appointed 21/12/2022) The Rt Hon Lord N Lamont A Sagharchi

Company Secretary

E H H Wennberg

Independent Examiner

Jonathan Healey FCA Lindeyer Francis Ferguson Limited North House, 198 High Street Tonbridge Kent TN9 1BE

Bankers

Barclays Bank Plc Moorgate Branch 128 Moorgate London EC2M 6SX

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

INTBAU LTD

STRUCTURE, GOVERNANCE AND MANAGEMENT

Structure

INTBAU Ltd is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 27 March 2009 and amended in a special resolution dated 29 September 2017.

INTBAU operated as an unincorporated organisation from 11 December 2002. On 6 April 2009, the assets of the unincorporated organisation were transferred into the charitable company.

On 13 March 2019 the company changed its name from International Network for Traditional Building, Architecture and Urbanism (UK) to INTBAU Ltd.

Governance

There must be at least three Trustees, and they are recruited by resolution of the existing Trustees on the basis of their knowledge of the built environment, or their fundraising, educational, or business experience.

In line with Charity Commission guidance, new Trustees are made aware of their roles and responsibilities and inducted into the different activities and services provided by INTBAU.

Management

The Board of Trustees meets at least four times a year to approve the policy and the overall strategic direction of the organisation’s work. Day to day management of the organisation is the responsibility of the Company Secretary. Remuneration of key management personnel is set by the Trustees.

The INTBAU College of Chapters (currently 39 Chapters) is formed of one representative of each Chapter. It is an advisory body which takes active interest in INTBAU’s mission, vision, and activity. The College of Chapters is led by a Management Team, and its Chair serves de facto as a Trustee of INTBAU.

The INTBAU Chapters are separate legal entities, established in the countries where they operate. The balances and disclosures contained in these financial statements are for the charitable company only and are not consolidated with (any of) the Chapters.

Management of Risks and Uncertainties

At the first meeting of each financial year the Trustees consider and review, as an ongoing process, the major risks to which the organisation is exposed and its control systems, with particular reference to those risks that could potentially prevent the organisation from achieving its principal objectives. These have been identified as the loss of support from key donors and the failure of one or more major projects. Control and mitigation activities include diversifying sources of income, implementing a longer-term financial plan, and establishing minimum criteria to be met before committing to projects.

2

INTBAU LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

OBJECTS AND ACTIVITIES

The objectives of the charity are:

The charity has had due regard to guidance on public benefit issued by the Charity Commission in planning its charitable activities. INTBAU offers educational programmes to the general public interested in the traditional built environment. Each year INTBAU organises practical and academic events on themes related to its mission for architects, academics, craftspeople, designers, students and the general public.

ACHIEVEMENTS AND PERFORMANCE

In the 2021/22 financial year, INTBAU remained financially stable while continuing established activities and developing several new initiatives.

INTBAU’s main projects:

Award for Emerging Excellence in the Classical Tradition

INTBAU partnered with the Prince’s Foundation and the Institute of Classical Architecture & Art on the third instalment of an annual prize to be awarded to a young professional exhibiting exceptional talent in classical and traditional architecture, landscape and interior design, building crafts, urban design and planning and the allied arts.

Architecture Challenge

INTBAU launched this design competition for houses that advance, adapt, and update local building traditions better to meet 21[st] century needs, and to respond to the challenges of climate and the need to reduce the built environment’s carbon footprint. The Challenge launched with a webinar series in July 2021, which will continue until the deadline for design submissions on 31 January 2023.

3

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

INTBAU LTD

Majlis Symposium

INTBAU partnered with the Caravane Earth Foundation and the Smithsonian Institution on a threeday series of talks and workshops as part of the Majlis Exhibition, held alongside the Venice Architecture Biennale. Architects, craftspeople, academics, and the public were brought together for a series of talks, discussions, and film screenings to consider the Biennale question of ‘how will we live together?’.

Global Future Cities Programme

INTBAU was engaged by the Royal Institute of British Architects to support a webinar series organised to make progress on collaborative efforts towards sustainable urbanisation. Webinars took place from October – December 2021.

Research Scholarship

In partnership with Yiangou Architects, INTBAU presented a second Research Scholarship to an architecture student. The 2022 recipient, Fathimath Ema Ziya, worked on traditional Gulhuvan joinery, which is a type of mortarless joint between coral stone and wood used primarily in the construction of mosques in the Maldives. Ema presented her research at the World Congress.

World Congress

INTBAU’s fourth biennial World Congress took place on 24-25 March at the Royal Society of Arts in London, on the theme of How We Build from Here. This was addressed through two questions: what with? and who for? Speakers discussed topics such as the dangers of language used to greenwash, new and innovative low carbon materials which could have a place in traditional construction, and case studies of projects from around the world. The event took place in person and online, with strong attendance in both formats.

The Architecture of Place: In Conversation With…

INTBAU partnered with the Institute of Classical Architecture & Art and the Prince’s Foundation to deliver a series of seven high-level talks on architecture and urban design, specifically targeted at architecture students and young professionals. For this second series, three speakers took it in turns to be both interviewer and interviewee, engaging each other in conversation on their early life, study, and career working in the traditional built environment.

Richard H Driehaus Architecture Competition, Rafael Manzano Prize for New Traditional Architecture, and Richard H Driehaus Building Arts Awards

INTBAU is a key collaborator on three projects in Spain and Portugal each year: the Richard H Driehaus Architecture Competition, which works with three Spanish Municipalities to identify opportunities for infill, extension, and regeneration and seeking design proposals from the international architectural community that draw on local vernacular and contribute to place identity; the Manzano Prize, to award a living Spanish or Portuguese architect, craftsperson, or designer for a career that has made

4

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

INTBAU LTD

important contributions to the continuity of tradition in Spain and/or Portugal; and the Building Arts Awards, to recognise the talented craftspeople working in a variety of trades in Spain, without whom traditional building techniques could disappear. The Manzano Prize also includes a two-day seminar and a two-week summer school alternating between Spain and Portugal each year. In 2021 the summer school scheduled to take place in the Azores had to be postponed due to the pandemic and took place in July 2022. Several days of workshops at the Centro per la Investigación de Arquitectura Tradicional took place instead, with training and demonstrations from winners of the Building Arts Awards.

Policy on Reserves

It is the charity’s policy to maintain sufficient unrestricted reserves to cover six months’ overhead expenditure. At 31 March 2022 there was an unrestricted free reserves balance of £156,423 (2021: £243,719) (unrestricted funds excluding fixed assets). Funds in excess of the policy on reserves are currently being maintained in anticipation of projects in 2022/23.

Principal Sources of Funding

INTBAU’s sources of income are: project revenue, private donations, membership fees and corporate sponsorship.

FUNDRAISING PRACTICES

All fundraising is carried out by INTBAU staff and Trustees and does not include the involvement of professional fundraisers or commercial participators. There are three components to INTBAU’s fundraising approach.

  1. Individual donors – this includes approaches to persons known to the charity and the charity’s Trustees, for large or small amounts. Individual donors are approached for unrestricted funds where possible, to cover core costs.

  2. Project income – this is divided into two parts: first, stipends that INTBAU receives for its work on projects and activities initiated by other entities; second, sponsorship and other revenue generated through an INTBAU-initiated project or activity.

5

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

INTBAU LTD

  1. Membership fees – INTBAU actively recruits new professional members in order to increase revenue from membership fees. This has the added benefit of also increasing the charity’s connections to practitioners who can support projects and attend events.

In order to protect vulnerable people and other members of the public, the charity does not approach individuals to whom it has no connection for donations. Where approaches are made and no response is received, a maximum of two follow-up messages will be sent. Where a negative response is received, no further messages are sent.

The charity is registered with the Information Commissioner’s Office for the correct handling of personal details and operates in compliance with the General Data Protection Regulation.

FUTURE PLANS

In addition to continuing annual projects, INTBAU will plan the following in 2022/23.

British Council Gender Grants

INTBAU will receive a significant grant from the British Council in order to bring together a group of female architecture students from Pakistan, Bangladesh, and across the UK to build, from start to finish, a bamboo and textile pavilion on Granary Square in London, followed by reassembly in the gardens at Highgrove in Gloucestershire.

Architecture Challenge

The online programme of educational and interactive webinars will continue, towards a 31 January 2023 deadline for design submissions.

INTBAU Netherlands Summer School: Let’s Build a Beautiful City

Based in Utrecht and focused on traditional urban design, this three-week programme will be open to architects, planners, and anyone with an interest in the subject, from across INTBAU’s international network. Practical design exercises will take place alongside study tours, drawing exercises, and lectures.

INTBAU Belgium Summer School

In association with La Table Ronde de l’Architecture, INTBAU Belgium will host a four-week summer school for students and practitioners. Open to students from high school age upwards, the programme will be based in Bruges and will involve in-depth study of the city and region’s traditional architecture, drawing exercises, lectures from noted professionals, and practical design exercises.

Architecture of Place: In Conversation With…

A second series of webinars will take place in partnership with the ICAA and the Prince’s Foundation in interview format, with practitioners from the UK/Ghana, Lebanon, and the USA.

6

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

INTBAU LTD

Award for Emerging Excellence in the Classical Tradition

The next annual award will be presented to a young practitioner, in partnership with the ICAA and the Prince’s Foundation. This opportunity is particularly key to INTBAU’s Young Practitioners group. The recipient will automatically be accepted into this peer-reviewed group.

Richard H Driehaus Architecture Competition, Rafael Manzano Prize for New Traditional Architecture, and Richard H Driehaus Building Arts Awards

INTBAU will continue to support its chapters to organise three projects in Spain and Portugal: the Richard H Driehaus Architecture Competition; the Manzano Prize for New Traditional Architecture; and the Building Arts Awards and associated Donald Gray Apprenticeship.

FINANCIAL REVIEW

During the financial year ended 31 March 2022 INTBAU raised income of £574,510 (2021: £102,111) of which £508,027 (2021: £14,188) were restricted funds. The main source of income was private donations with contributions in income from projects and membership fees. Resources expended for the year totalled £699,534 (2021: £613,278).

At 31 March 2022 INTBAU had unrestricted reserves of £156,423 (2021: £244,079).

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period. In preparing those financial statements, the Trustees are required to:

7

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

INTBAU LTD

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime in Part 15 of the Companies Act 2006.

Approved by the Trustees and signed on their behalf by:

Mary Rose Gunn Trustee

Date: 31 January 2023

8

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF INTBAU LTD FOR THE YEAR ENDED 31 MARCH 2022

I report to the charity’s trustees on my examination of the accounts of INTBAU Ltd for the year ended 31 March 2022, which comprise the Statement of Financial Activities (including Income and Expenditure Account), the Balance Sheet and the related Notes.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145(5) (b) of the 2011 Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jonathan Healey FCA Lindeyer Francis Ferguson Limited North House 198 High Street Tonbridge Kent TN9 1BE

Date: 31 January 2023

9

INTBAU LTD STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2022

Notes
Income from:
Donations
Charitable activities
Other income
Total income
2
Expenditure on:
Raising funds
Charitable activities
Total expenditure
3
Net expenditure & movement in funds
7
Reconciliation of funds:
Funds brought forward at 31 March 2021
Funds carried forward at 31 March 2022
11		 Unrestricted
Funds
2022
Restricted
Funds
2022
Total
Funds
2022
Total
Funds
2021
£
£
£
£
19,500
508,027
527,527
86,954
46,304
-
46,304
7,675
679
-
679
7,482
66,483
508,027
574,510
102,111
9,580
-
9,580
6,715
144,559
545,395
689,954
606,563
154,139 545,395699,534613,278
(87,656)
(37,368)
(125,024)
(511,167)
244,079
101,642
345,721856,888
156,423
64,274
220,697
345,721

The statement of financial activities includes all gains and losses recognised in the period.

All income and expenditure derives from continuing activities.

10

INTBAU LTD BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2022

Notes
Fixed assets
Intangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within one year
10
Net current assets
Total net assets
The funds of the charity:
General fund
Restricted funds
11		 2022
£
-
35,171
223,420
258,591
(37,894)
220,697
220,697
156,423
64,274
220,697		 2021
£
360
28,468
372,582
401,050
(55,689)
345,361
345,721
244,079
101,642
345,721

For the financial year ended 31 March 2022 the charitable company was entitled to exemption from audit under section 477 Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime in Part 15 of the Companies Act 2006.

The financial statements were approved by the Board of Trustees on 31 January 2023 and were signed on its behalf by:

Mary Rose Gunn

Company number: 6861677

Trustee

11

INTBAU LTD STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2022

Notes
Cash flows from operating activities:
Net cash used in operating activities
A
Change in cash and cash equivalents for the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
A. Reconciliation of net income to net cash flow from operating
activities
Net deficit for the year
As per statement of financial activities
Adjustments for:
Amortisation charges
(Increase) / decrease in debtors
(Decrease) / increase in creditors
Net cash used in operating activities		 2022
£
( 149,162)
( 149,162)
372,582
223,420
( 125,024)
360
( 6,703)
( 17,795)
( 149,162)		 2021
£
( 423,894)
( 423,894)
796,476
372,582
( 511,167)
1,536
78,423
7,314
( 423,894)

12

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1 Basis of preparation

The financial statements have been prepared in accordance with "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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

INTBAU Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

There are no material uncertainties about the charity's ability to continue, and so the going concern basis of accounting has been adopted. The financial statements are presented in Pounds Sterling, and are rounded to the nearest pound.

1.2 Company status

INTBAU Ltd is a charitable company limited by guarantee incorporated in England and Wales. The address of the registered office is 19-22 Charlotte Road, London, EC2A 3SG. At the balance sheet date the members of the company are the trustees named on page 1. The charity is controlled equally by the trustees. In the event of the charity being wound up, the liability in respect of the guarantee is

1.3 Income recognition

Income is the amount derived from the provision of goods and services, and stated net of VAT.

Income is recognised when the charity is entitled to the funds, receipt is probable, and the amount can be quantified with reasonable accuracy. For donations and grants, this is usually on receipt. For event sponsorship this is deferred until the event itself. Where course fees or grants are received in advance of a service to be provided, the income is deferred until the charity is unconditionally entitled to it. Where the donor has specified the use of the money, income is treated as restricted funds and is

Where professional services have been donated to the charity, these have been quantified at the value they represent to the charity.

13

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies - continued

1.4 Expenditure

Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be measured or estimated reliably.

Expenditure is stated gross of irrecoverable VAT and has been classified under headings that aggregate all costs related to the category. Resources expended are analysed between the following headings:

Raising funds - representing the direct costs of raising funds.

Charitable activities - representing the direct costs of the operational charitable programmes, and the costs incurred to support the operational programmes.

Staff costs have been allocated on the basis of an estimate of time devoted by each member of staff to each area of activity. Support costs have been allocated across charitable activities on the basis of staff and direct costs.

1.5 Intangible fixed assets

Fixed assets are stated at cost less amortisation. Amortisation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Website - 20% on cost

1.6 Debtors

Fees receivable are recognised at the settlement amount due. Prepayments are recognised at the invoiced cost prepaid.

1.7 Creditors

Creditors are recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be estimated reliably. Creditors are recognised at their settlement value.

1.8 Financial instruments

The charity only has financial instruments of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

14

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies - continued

1.9 Fund accounting

The charity maintains two types of fund:

General unrestricted funds are those which can be used in accordance with the charitable objects at the discretion of the Trustees.

Restricted funds are donations, sponsorship or grants given for a specific piece of work or area of activity, and are only matched against the costs of delivering that work or activity.

1.10 Foreign currency transactions

Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets denominated in foreign currencies are translated at the rate ruling at the balance sheet date.

1.11 Pension contributions

The charity was making defined contributions into an employee private pension scheme in the year. Contributions have been charged to the statement of financial activities as they become payable in accordance with contract terms.

2 Income

Grants & donations
Charitable activities
ICTP and INTBAU membership fees
Summer School fees
RIBA - Webinar support
Congress Income
Other income
Sales of books and notecards
Employment allowance claim
Other income
Total income		 2022
£
527,527
11,700
1,424
28,961
4,219		 2021
£
86,954
7,675
-
-
-
46,304
691
-
(12)		 7,675
277
6,000
1,205
679 7,482
574,510 102,111

The prior period includes £14,188 of restricted donations for Spanish Projects.

15

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

3 Expenditure

Expenditure
Raising funds
Staff costs
Charitable activities costs
Events and projects
Spanish projects
Membership
World Congress
Total expenditure		 Staff costs
(Note 6)
Direct costs
(Note 4)
Support
costs
(Note 5)
£
£
£
23,381
2,077
2,861
9,580
535,249
61,224
9,499
-
1,067
11,273
29,194
4,547		 2022
£
9,580		 2021
£
6,715


Total
2022
£
28,319
606,053
10,566
45,015		 Total
2021
£
20,832
567,909
5,916
11,907
53,733
566,520
69,700		 689,954 606,563
699,534 613,278

Total expenditure

The prior period includes £512,217 of restricted expenditure for the Spanish Projects.

16

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

4 Direct costs

Travel and subsistence
Stipend fees
Consultancy fees
Marketing & promotions
Sundry expenses
Award prize money
Exhibition and events costs
World Congress expenses
Website & IT costs
Office costs
Exchange differences
5
Support costs
Staff costs
Staff training
Bookkeeping fees
Office costs
Travel and subsistence
Exhibition and events costs
Marketing & promotions
Amortisation
Exchange differences
Website & IT costs
Sundry expenses
Consultancy fees
Bad debt expense
Governance costs
Legal and professional fees
Accountancy fees
Examination fees		 2022
£
22,283
-
306,610
1,229
10,406
104,114
89,063
29,016
2,270
1,138
393		 2021
£
6,801
2,615
350,730
1,778
539
87,528
46,778
-
1,122
3,797
(233)
566,520 501,455
2022
£
29,914
-
2,584
6,632
5,307
6,290
139
360
(1,627)
7,856
1,473
4,791
2,050
35
816
3,080		 2021
£
27,280
37
2,266
10,679
42
-
-
1,536
(367)
4,378
3,293
426
6,186
35
806
2,884
69,700 59,482

17

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

6 Staff costs

2022
£
Wages and salaries
85,083
National insurance
4,792
Employer's pension contributions
3,352
93,227
No employees earned over £60,000 during the period.
2022
No.
Management and administration
3
7
Net expenditure
2022
£
Net expenditure is stated after charging:
Amortisation of intangible assets
360
Independent examination fee
3,080
Independent examiners accountancy fees
816
The average number of employees during the period, analysed by
function, was:		 2022
£
85,083
4,792
3,352		 2021
£
72,818
3,652
3,151
93,227 79,621
2021
No.
2
2022
£
360
3,080
816		 2021
£
1,536
2,600
1,090

Trustees are eligible to be reimbursed for travel and incidental expenses incurred in the performance of their duties, and during the year no trustee was reimbursed (2021: no trustee reimbursed). None of the trustees received any remuneration in the current or previous periods.

18

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

8 Intangible fixed assets

8
Intangible fixed assets
Cost
At 1 April 2021 and 31 March 2022
Amortisation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
9
Debtors
Prepayments and other debtors
10
Creditors: amounts falling due within one year
Accounts payable
Accruals and other creditors		 Website
£
12,200		 Total
£
12,200
11,840
360		 11,840
360
12,200 12,200
- -
360 360
2022
£
35,171		 2021
£
28,468
35,171 28,468
2022
£
32,077
5,817		 2021
£
50,419
5,270
37,894 55,689

19

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

11 Movement on funds

Current year
Restricted funds:
Spanish Projects
British Council - Gender
grants
Unrestricted funds:
General fund
Total funds
Prior year
Restricted funds:
Spanish Projects
Unrestricted funds:
General fund
Total funds		 1 April
2021
Income
Expenditure
Transfers
£
£
£
£
101,642
484,457
(544,829)
-
-
23,570
(566)
-		 31 March
2022
£
41,270
23,004
101,642
508,027
(545,395)
-		 64,274
244,079
66,483
(154,139)
-		 156,423
345,721
574,510
(699,534)
-		 220,697
1 April
2020
Income
Expenditure
Transfers
£
£
£
£
599,671
14,188
(512,217)
-		 31 March
2021
£
101,642
599,671
14,188
(512,217)
-		 101,642
257,217
87,923
(101,061)
-		 244,079
856,888
102,111
(613,278)
-		 345,721

Spanish Projects represents five initiatives in Spain to preserve and promote traditional place-making and building arts, for which the charity is fiscal manager and a project supervisor.

British Council - Funds were received for the Gender Grants project. This project is undertaken to review and support the role of women in architecture and its related industries.

20

INTBAU LTD NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

12 Analysis of Net Assets Between Funds

Fixed assets
Current assets
Current liabilities
Fixed assets
Current assets
Current liabilities
13
Related party transactions
Remuneration of key management		 Restricted Unrestricted
2022
2022
£
£
-
-
64,274
194,317
-
( 37,894)		 Total
2022
£
-
258,591
( 37,894)
64,274
156,423		 220,697
Restricted Unrestricted
2021
2021
£
£
-
360
101,642
299,408
-
( 55,689)		 Total
2021
£
360
401,050
( 55,689)
101,642
244,079		 345,721
2022
£
54,239		 2021
£
53,812

Trustee travel expenses of £511 (2021: nil) were reimbursed during the year.

21