## ## ||||Page| |---|---|---|---| |Reference and Administrative||Details|| |Trustees'
Report|||3 —18| |Independent
Auditor's|Report||19—22| |Statement
of Financial|Activities||23| |Balance Sheet|||24| |Statement
of Cash Flows|||25| |Notes to the Financial|Statements||26-40| ## ## ## ## ## ## ## ## ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # ## # ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||ROYAL SOCIETY OF|ROYAL SOCIETY OF|ROYAL SOCIETY OF|TROPICAL MEDICINE AND|TROPICAL MEDICINE AND|TROPICAL MEDICINE AND|TROPICAL MEDICINE AND|HYGIENE|| |---|---|---|---|---|---|---|---|---|---|---| |||||ACom|an|Limitedb|Guarantee|||| |Statement|||ofFinancial Activities|||(incorporating||the income and expenditure||| |||||||account)||||| |||||For the|ear ended 31||Nlarch 2021|||| |||||||Unrestricted|Restricted||Total|Total| |||||||funds||funds|funds|funds| |||||||2021||2021|2021|2020| |||||||6||6|6|| |||||Notes||||||| |Income from:||||||||||| |Donations|and|grants||||48,450||609,284|657,734|182,429| |Charitable|activities|||||288,191||14,003|302,194|1,005,977| |Investments||||||58,425|||58,425|79,044| |Otherincome||||||4,384|||4,384|3,007| |Total||||||399,450||623,287|1,022,737|1,270,457| |Expenditure
on:||||||||||| |Raising funds:||||||||||| |Investment|management|||5||7,063|||7,063|7,354| |Charitable|activities|||6||617,384||622,104|1,239,488|1,533.673| |Total||||||624,447||622,104|1,246,551|1,541,027| |Net (losses)/gains|||on investment.|13||306,169|||306,169|(256,466)| |Net movement||in|funds|||81,172||1,183|82,355|(527,036)| |Reconciliation||of|funds|||||||| |Total funds|brought||forward|||1,772,744||102,664|1,875,408|2,402,444| |Total funds carried forward||||||SKI9%|||1,957,763|1,875,408| ||ROYAL|ROYAL|SOCIETY|SOCIETY|OF TROPICAL MEDICINE|OF TROPICAL MEDICINE|OF TROPICAL MEDICINE|OF TROPICAL MEDICINE|AND HYGIENE|AND HYGIENE|| |---|---|---|---|---|---|---|---|---|---|---|---| |||||ACom||an|Ljmjteidb|Guarantee|||| |||||||Balance Sheet|||||| ||||||As at||31 March|2021|||| |||||||||2021||2020|| |||||||Notes||6||6|f| |Fixed assets|||||||||||| |Intangible
assets||||||11|||84,002||53,087| |Tangible assets||||||12|||7,462||3,721| |Investments||||||13||1,467,407||1,110,240|| |||||||||1,558,871||1,167,048|| |Current assets|||||||||||| |Debtors||||||14|191,595|||352,704|| |Cash deposits|||||||169,847|||440,000|| |Cash at bank and|in|hand|||||355,321|||179,401|| ||||||||716,763|||972,105|| |Creditors:
amounts||falling|due|||15|~30, 04|||259,450|| |within one year|||||||||||| |Net current assets||||||||411,159|||712,655| |Total assets less|current||liabilities|||||1,970,030||1,870,703|| |Creditors:
amounts||falling|due|after||16||(12,267)|||(4,295)| |more than one year|||||||||||| |Net assets||||||||951103||,|0 0,400| |Charity funds|||||||||||| |Restricted
funds||||||17||103,847|||102,664| |Unrestricted
funds:||||||17||1,853,916||1,772,744|| |Total funds||||||||1,9||1,0,4 8|| ## |ROYAL SOCIETY OF TROPICAL MEDICINE AND|ROYAL SOCIETY OF TROPICAL MEDICINE AND|ROYAL SOCIETY OF TROPICAL MEDICINE AND|ROYAL SOCIETY OF TROPICAL MEDICINE AND|ROYAL SOCIETY OF TROPICAL MEDICINE AND|ROYAL SOCIETY OF TROPICAL MEDICINE AND|ROYAL SOCIETY OF TROPICAL MEDICINE AND|HYGIENE|| |---|---|---|---|---|---|---|---|---| |ACom|an||Limited b|||Guarantee||| |Statement||||of Cash||Flow||| |As||at|31|March 2021||||| ||||||Notes||2021|2020| ||||||||6|6| |Cash inflow used in operating
activities||||||||| |Net cash used
in operating
activities||||||~6,83||~M6~| |Cash flows (used in)/provided
by|investing|||activities||||| |Dividend
income|||||||58,425|79,044| |Purchase of investments|||||13||(50,998)|(74,662)| |Proceeds from sale ofinvestments|||||13|||| |Movement
in cash held
in investment|porffolio||||13|||| |Transfer from/(to) cash deposits|||||||270,153|(440,000)| |Acquisition
oftangible
fixed assets
Acquisition
of intangible
fixed assets|||||12
11|(5,137)
~49.682||(227)
~58,M| |Cash flows (used in)/provided
by investing|||activities|||||| |Nct (decrease)/increase
in cash and||cash equivalents|||||175,920|(821,505)| |Cash and cash equivalents
at beginning||ofyear|||||179,401|1,000,906| |Cash and cash equivalents
at end|of|year|||||355|139491| |(i) Reconciliation
ofnet expenditure||to|net|cash flow from operating|||activities:|| ||||||||2021|2020| ||||||||6|| |Net expenditure
as per statement|of|financial|||activities||82,355|(527,036)| |Adjustments
for:||||||||| |Depreciation
charge|||||12||1,396|2,945| |Amortisation
charge
Net loss/(gain)
on revaluation
of investments|||||11
13||18,777
(306,169)|10,158
256,466| |Dividend
income|||||13||(58,425)|(79,044)| |Decrease/(increase)
in debtors|||||||161,109|(19,526)| |Increase
in creditors|||||||54,126|29,342| |Net cash used in operating
activities|||||||46,831|326,695| ||2021|2020| |---|---|---| |Fellows' services|26%|32%| |Journals|22%|21%| |Meetings|26%|18%| |ECTMIH Conference|0%|20%| |Grants/awards|26%|0%| ## ## ## ## ## ## ## ## ## ## ## ## ## |2.|Income f|r|om|donations|and grants||||| |---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Restricted|Totai|Total| |||||||funds|funds|funds|funds| |||||||2021|2021|2021|2020| |||||||E|E|E|E| ||Donations||and|legacies||1,993||1,993|2,127| ||Grants|||||46457|609,284|655,741|180,302| |||||||48 450|609284|657 734|182,429| ||Total 2020|||||19,462|162967|182429|| |3.|Income from charitable||||activities||||| |||||||Unrestricted|Restricted|Total|Total| |||||||funds|funds|funds|funds| |||||||2021|2021|2021|2020| |||||||E|E||E| ||Fellow's Annual|||Subscriptions||49,552|3,420|52,972|45,491| ||Journals|and Publications||||226,704|10,583|237,287|261,000| ||Meetings|and Events||||11,935||11,935|14,473| ||ECTMIH|Conference|||||||665,013| |||||||288,191|14,003|302 194|1,005,977| ||Total 2020|||||1,005,977||1,005,977|| |4.|Investment||income||||||| |||||||Unrestricted|Restricted|Total|Total| |||||||funds|funds|funds|funds| |||||||2021|2021|2021|2020| |||||||E|E|E|E| ||Investment||income|||58,425||58,425|79,044| ||Total 2020|||||79,044||79044|| |5.|Investment||management||costs||||| |||||||Unrestricted|Restricted|Total|Total| |||||||funds|funds|funds|funds| |||||||2021|2021|2021|2020| |||||||E|E|E|E| ||Investment||management||fees|7,063||7,063|7,354| ||Total2020|||||7,354||7.354|| ## ## |Analysis ofcharitable
expend|iture
by activiti|es|||||| |---|---|---|---|---|---|---|---| ||Direct|Grant||Support 8|||| ||costs (note|funding|of|Governance|||| ||7)|activities||costs (note|||| ||f||f|8)|f|2021f|2020f| |Membership|15,188||||151,943|167,131|179,808| |Journals|14,737||||128,567|143,304|140,584| |Meetings|12,036||||151,943|163,979|136,577| |ECTMIH Conference|||||||771,554| |Grants, medals and awards||613,131|||151,943|765,074|305,150| |Total|41,961|613131|||584,396|1,239,488|1,533,573| ## |Direct c|osts||||| |---|---|---|---|---|---| |||||2021f|2020| |Membership||||15,188|11,473| |Journals||||14,737|30,114| |Meetings|and|ECTMIH|Conference|12,036|708,234| |Support and Go|vernance
costs|shown
below can be apportioned|between
direct activity|| |---|---|---|---|---| |||Apportionment|2021f|2020f| |Membership||26%|151,943|168,335| |Journals||22%|128,567|110,470| |Meetings||26%|151,943|94,688| |ECTMIH Conference||0%||105,209| |Grants, medals|and awards|26%|151,943|47,345| ||||64,666|6| ## ## |||2021|2020| |---|---|---|---| |||6|E| |Staff training
and recruitment||1,478|6,400| |Audit and accountancy|fees|31,950|33,671| |Trustee travel and expenses|||| |Travel and subsistence||568|3,338| |Legal and professional|fees|400|3,808| |Marketing costs||4,614|25,386| |Printing
and stationery|costs|1,303|1,469| |Irrecoverable
VAT||26,000|3,353| |Postage||115|424| |Bank charges and interest||4,961|5,776| |IT and telephone
costs||30,046|24,945| |Volunteer costs||753|| |Other expenses||3,374|5,474| |Insurance||1,358|3,003| |Rent, rates, servicing|and maintenance|93,420|94,188| |External
HR services||710|1,400| |Governance
costs||3222|9,091| |CRM Project||3,959|2,436| |Wages and salaries||307,793|250,562| |National
insurance||30,138|24,117| |Pension cost||18,059|14,417| |Depreciation
and amortisation||20,174|12,789| |||$4.39|52t,rr| ## ## |2021|2020| |---|---| |6|6| |1,396|2,945| |18,777|10,158| |10,980|10,325| |57,656|89,715| ## |Staff ousia||| |---|---|---| |Staff costs were as follows:||| ||2021|2020| |||6| |Wages and salaries|307,793|264,430| |Social security costs|30,138|25,402| |Pension costs|18,059|14,945| ||355,990|304,777| |The averag
follows:|e
numbe|r of person|s employed
by the Charitable
Compan|y
during
the year|was as| |---|---|---|---|---|---| |||||2021|2020| |||||No.|No.| |||||8.17|7.5| |Average headcount||expressed|as a full time equivalent:||| |||||2021|2020| |||||No.|No.| |||||7.5|6.6| |Employees|whose|emoluments|exceeded f60,000 per annum:||| |||||2021|2020| |||||No.|No.| |670,000 —679,999||||1|1| ## |Intangible
fixed assets|Webslte| |---|---| ||and CRM| ||systems| |Cost|| |At 1 April 2020|104,487| |Additions|49,692| |At 31 March 2021|154,179| |Amortisation|| |At 1 April 2020|51,400| |Charge for the year|18,777| |At 31 March 2021|1 011| |Net book value|| |At 31 March 2021|0 .002| |At 31 March 2020|| ## |Tangible fixed assets|||| |---|---|---|---| ||Equipment|Office|Total| ||and|refurbishment|8| ||furniture|6|| ||6||| |Cost or valuation|||| |At 1 April 2020|29,235|39,662|68,897| |Additions|5,137||5,137| |At 31 March 2021|34372|39,662|74034| |Depreciation|||| |At 1 April 2020|27,314|37,862|65,176| |Charge for the year|1,196|200|1,396| |At 31 March 2021|28,510|38062|66572| |Net book value|||| |At 31 March 2021|5862|1,600|7,462| |At 31 March 2020|1,921|1,800|3721| ## ## ## ## ## |14.|Debtors||||| |---|---|---|---|---|---| |||||2021f|2020f| ||Trade debtors|||26,108|213,314| ||Other debtors|||8,169|8,168| ||Prepayments|and accrued income||157,318|131,222
3, 04| |15.|Creditors: amounts||falling due within one year||| |||||2021f|2020| ||Trade creditors|||29,977|63,954| ||Other taxation|and social security||33,582|40,204| ||Accruals
and|deferred|income|242,045|155,292| ||||||9, 30| |16.|Creditors: amounts||falling due after more than one year||| |||||2021
f|2020
f| ||Accruals
and|deferred|income|12267|4,295| |financial|year. M|ovement
in defe|rred
income is analysed|below:||||| |---|---|---|---|---|---|---|---|---| ||||Brought|Amount|Amount||Carried|| ||||forward
f|added
f|released|f|forward|f| |Deferred|income|2021|139,822|371,492|(276,030)||235,284|| |Deferred|income|2020|147,781|133,647|141|606|139|822| ||||||m
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I| ## ## ## ## ## |Analysis|ofn|et assets between funds|||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|Total| ||||funds|funds|funds| ||||2021f|2021
6|2021
6| |Intangible|fixed assets||84,002||84,002| |Tangible|fixed|assets|7,462||7,462| |Fixed asset investments|||1,467,407||1,467,407| |Current assets|||307,312|103,847|411,159| |Creditors|due|in more than one year|(12,267)||(12,267)| ||||1,853916|103,847|1,957,763| |Comparative||note|||| ||||Unrestricted|Restricted|Total| ||||funds|funds|funds| ||||2020f|2020
6|2020
6| |Intangible|fixed assets||53,087||53,087| |Tangible|fixed|assets|3,721||3,721| |Fixed asset investments|||1,110,240||1,110,240| |Current assets|||609,991|102,664|712,655| |Creditors|due|in more than one year|(4,295)||(4,295)| ||||1,772,744|102,664|1 875408| ## |||2021|2020| |---|---|---|---| |||6|5| |Land|and buildings||| |Within|1 year|57,656|57,656| |Between 2 and 5years|||| |Total||57656|57,656| |Other|||| |Within|1 year||2,840| |Between 2 and 5years|||| |Total|||2,840| ##