Trustees' Annual Report for the period Period start date Period end date 01 January 2021 31 December 2021
From
To
Section A Reference and administration details
Charity name European Survey Research Association
Other names charity is known by
ESRA
Registered charity number (if any) 1150506
Charity's principal address Emily Gilbert (c/o Gabi Durrant), University of Southampton, Southampton
Postcode SO171 BJ
Names of the charity trustees who manage the charity
----- Start of picture text -----
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Emily Gilbert Treasurer (in this 15/07/2019 to date
1 role since March
2021)
Vera Toepoel President (in this 15/07/2015 to date
role from
2 09/07/2021;
before that
Conference Chair)
Vera Lomazzi Conference Chair 15/07/2015 to date
(in this role from
09/07/2021,
3
before that
General
Secretary)
4 Alessandra Gaia General Secretary 09/07/2021 to date
5 Ting Yan 01/07/2017 to date
6 Antje Kirchner 01/07/2017 to date
7 Ulrich Kohler 01/07/2013 to date
8 Daniel Seddig 09/07/2021 to date
9 Thomas Smith 01/07/2017 to date
Stephanie 15/07/2019 to date
10
Steinmetz
11 Rory Fitzgerald 09/07/2021 to date
12 Marieke Haan 01/07/2017 to date
13 Salima Douhou 01/07/2017 to date
Olga 09/07/2021 to date
14
Mazlovskaya
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March 2012
TAR
1
----- Start of picture text -----
Michael 09/07/2021 to date
15
Bergmann
16 Alexander Wenz 09/07/2021 to date
17
18
19
20
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Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Constitution Type of governing document (eg. trust deed, constitution) Association How the charity is constituted
(eg. trust, association, company)
Appointed by President Trustee selection methods
(eg. appointed by, elected by)
Additional governance issues (Optional information)
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You may choose to include additional information, where relevant, about:
Charity is managed by a Committee and reports to a General Assembly of the members of the Association.
-
policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
The advancement of education for the public benefit in the subject of survey research in particular but not exclusively by holding conferences, producing journals and other educational materials and by such other means as the trustees may determine.
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The journal is edited by Ulrich Kohler of the University of Potsdam, Germany. The editor is supported by a multi-national panel of Associate Editors:
https://ojs.ub.uni-konstanz.de/srm/about/editorialTeam ESRA's peer-reviewed journal aims to be a high quality scientific publication that will be of interest to researchers in all disciplines involved in the design, implementation and analysis of surveys. Summary of the main activities undertaken for The URL of the journal is: https://ojs.ub.uni-konstanz.de/srm/ the public benefit in relation to these objects ESRA organises an international conference every two years. (include within this The last conference was held in 2021, as an online event due to section the statutory the COVID-19 pandemic. declaration that trustees (https://www.europeansurveyresearch.org/conferences/ESRA202 have had regard to the 1). guidance issued by the Charity Commission on The conference was held over four days, with c.350 attendees public benefit) registered.
ESRA also contributes to the organisation of smaller-scale conferences in years when its biennial conference does not take place.
ESRA also run an online mailing list - ESRAnet. This is an email discussion list where members can connect with colleagues to seek advice, share experiences and get the latest news about survey research in Europe. All ESRA members are automatically subscribed to ESRAnet on joining the association.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
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Section D Achievements and performance
Summary of the main achievements of the charity during the year
During 2021 ESRA have published 3 standard issues of the journal Survey Research Methods, containing 18 high-quality, peer-reviewed articles.
As well as this, the biennial conference was held, as an online event due to the COVID-19 pandemic. (https://www.europeansurveyresearch.org/conferences/ESRA202 1).
The conference was held over four days, with c.350 attendees registered.
ESRAnet continues to be a valuable source of information and support for ESRA members.
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Section E Financial review
The trustees are committed to maintaining reserves that will Brief statement of the cover at least one year's operating costs as well as covering charity’s policy on potential cashflow requirements during years where there is a reserves conference.
Details of any funds materially in deficit
Further financial review details (Optional information)
The principal sources of funding during years when there is no You may choose to include conference is the annual membership fee. During years when additional information, there is a conference, the principal sources of funding are where relevant about: membership fees, registration fees and sponsorship. the charity’s principal sources of funds (including any fundraising);
-
how expenditure has supported the key objectives of the charity;
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Emily Gilbert Position (eg Secretary, Treasurer Chair, etc) Date 15th January 2022
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REGISTERED CHARITY NUMBER: 1150506
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
EUROPEAN SURVEY RESEARCH ASSOCIATION
Chariot House Limited Chartered Accountants
44 Grand Parade Brighton East Sussex BN2 9QA
EUROPEAN SURVEY RESEARCH ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
EUROPEAN SURVEY RESEARCH ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 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 (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The advancement of education for the public benefit in the subject of survey research in particular but not exclusively by holding conferences, producing journals and other educational materials and by such other means as the trustees may determine.
The journal is edited by Ulrich Kohler of the University of Potsdam, Germany. The editor is supported by a multi-national panel of Associate Editors: https://ojs.ub.uni-konstanz.de/srm/about/editorialTeam
ESRA's peer-reviewed journal aims to be a high quality scientific publication that will be of interest to researchers in all disciplines involved in the design, implementation and analysis of surveys. The URL of the journal is: https://ojs.ub.uni-konstanz.de/srm/
ESRA organises an international conference every two years. The last conference was held in 2021, as an online event due to the COVID-19 pandemic. (https://www.europeansurveyresearch.org/conferences/ESRA2021). The conference was held over four days, with c.350 attendees registered.
ESRA also contributes to the organisation of smaller-scale conferences in years when its biennial conference does not take place.
ESRA also run an online mailing list - ESRAnet. This is an email discussion list where members can connect with colleagues to seek advice, share experiences and get the latest news about survey research in Europe. All ESRA members are automatically subscribed to ESRAnet on joining the association.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During 2021 ESRA have published 3 standard issues of the journal Survey Research Methods, containing 18 high-quality, peer-reviewed articles.
As well as this, the biennial conference was held, as an online event due to the COVID-19 pandemic. (https://www.europeansurveyresearch.org/conferences/ESRA2021).
The conference was held over four days, with c.350 attendees registered.
ESRAnet continues to be a valuable source of information and support for ESRA members.
FINANCIAL REVIEW
Principal funding sources
The principal sources of funding during years when there is no conference is the annual membership fee. During years when there is a conference, the principal sources of funding are membership fees, registration fees and sponsorship.
Reserves policy
The trustees are committed to maintaining reserves that will cover at least one year's operating costs as well as covering potential cashflow requirements during years where there is a conference.
At 31st December 2021, the charity held £242,779 in reserves which is in line with the reserves policy as it can cover at least one year's operating costs.
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EUROPEAN SURVEY RESEARCH ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a constitution, and constitutes an association.
Recruitment and appointment of new trustees
Trustees are appointed by the president, taking into account their skills and expertise.
Organisational structure
Charity is managed by a Committee and reports to a General Assembly of the members of the Association.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1150506
Principal address
University of Southampton Southampton Hampshire SO17 1BJ
Trustees
G Durrant (resigned 9/7/2021) DR C Roberts (resigned 9/7/2021) Dr T Yan Dr A Scherpenzeel (resigned 9/7/2021) Dr U Kohler Dr S Eckman (resigned 9/7/2021) Dr V Lomazzi Dr K Thomas (resigned 7/5/2021) Dr T Smith S Steinmetz Dr V Toepoel Dr E Gilbert Dr A Kirchner Dr M Haan Dr S Douhou Dr A Gaia (appointed 9/7/2021) Dr O Mazlovskaya (appointed 9/7/2021) Dr D Seddig (appointed 9/7/2021) Dr M Bergmann (appointed 9/7/2021) Dr A Wenz (appointed 9/7/2021) Professor R Fitzgerald (appointed 9/7/2021)
Independent Examiner
Leanne Leverington ACA Institute of Chartered Accountants in England and Wales Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
COMMENCEMENT OF ACTIVITIES
The charity commenced its charitable activities on 2nd November 2012.
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EUROPEAN SURVEY RESEARCH ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Dr E Gilbert - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EUROPEAN SURVEY RESEARCH ASSOCIATION
Independent examiner's report to the trustees of European Survey Research Association
I report to the charity trustees on my examination of the accounts of European Survey Research Association (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
Leanne Leverington ACA Institute of Chartered Accountants in England and Wales Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
Date: .............................................
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EUROPEAN SURVEY RESEARCH ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| 2021 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 10,532 Charitable activities Charitable activity 36,267 Total 46,799 EXPENDITURE ON Charitable activities Charitable activity 46,545 NET INCOME/(EXPENDITURE) 254 RECONCILIATION OF FUNDS Total funds brought forward 242,525 TOTAL FUNDS CARRIED FORWARD 242,779 |
2020 Total funds £ 458 - 458 25,313 (24,855) 267,380 242,525 |
|---|---|
The notes form part of these financial statements
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EUROPEAN SURVEY RESEARCH ASSOCIATION
BALANCE SHEET 31 DECEMBER 2021
| 2021 Unrestricted fund Notes £ CURRENT ASSETS Debtors 4 14,122 Cash at bank 231,057 245,179 NET CURRENT ASSETS 245,179 TOTAL ASSETS LESS CURRENT LIABILITIES 245,179 ACCRUALS AND DEFERRED INCOME 5 (2,400) NET ASSETS 242,779 FUNDS 6 Unrestricted funds 242,779 TOTAL FUNDS 242,779 |
2020 Total funds £ 14,234 233,291 247,525 247,525 247,525 (5,000) 242,525 242,525 242,525 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. E Gilbert - Trustee
The notes form part of these financial statements
Page 6
EUROPEAN SURVEY RESEARCH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Subscription income is recognised on receipt.
Sponsorship income is recognised in the year that the sponsored event took place.
Educational conference fees are recognised at the point the conference took place.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Going concern
The charity has prepared these accounts on a going concern basis, however there are material uncertainties in respect of COVID-19 and the trustees have taken into consideration the existing and potential effects of coronavirus on the activities of the charity in the future.
continued...
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EUROPEAN SURVEY RESEARCH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Charitable activity NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 5. ACCRUALS AND DEFERRED INCOME Accruals and deferred income |
Unrestricted fund £ 458 25,313 (24,855) 267,380 242,525 2021 2020 £ £ 14,122 14,234 2021 2020 £ £ 2,400 5,000 |
|---|---|
continued...
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EUROPEAN SURVEY RESEARCH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
6. MOVEMENT IN FUNDS
| At 1/1/21 £ Unrestricted funds General fund 242,525 TOTAL FUNDS 242,525 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 46,799 TOTAL FUNDS 46,799 Comparatives for movement in funds At 1/1/20 £ Unrestricted funds General fund 267,380 TOTAL FUNDS 267,380 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 458 TOTAL FUNDS 458 |
Net movement At in funds 31/12/21 £ £ 254 242,779 254 242,779 Resources Movement expended in funds £ £ (46,545) 254 (46,545) 254 Net movement At in funds 31/12/20 £ £ (24,855) 242,525 (24,855) 242,525 Resources Movement expended in funds £ £ (25,313) (24,855) (25,313) (24,855) |
|---|---|
continued...
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EUROPEAN SURVEY RESEARCH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
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REGISTERED CHARITY NUMBER: 1150506
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
EUROPEAN SURVEY RESEARCH ASSOCIATION
Chariot House Limited Chartered Accountants
44 Grand Parade Brighton East Sussex BN2 9QA
EUROPEAN SURVEY RESEARCH ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
EUROPEAN SURVEY RESEARCH ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 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 (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The advancement of education for the public benefit in the subject of survey research in particular but not exclusively by holding conferences, producing journals and other educational materials and by such other means as the trustees may determine.
The journal is edited by Ulrich Kohler of the University of Potsdam, Germany. The editor is supported by a multi-national panel of Associate Editors: https://ojs.ub.uni-konstanz.de/srm/about/editorialTeam
ESRA's peer-reviewed journal aims to be a high quality scientific publication that will be of interest to researchers in all disciplines involved in the design, implementation and analysis of surveys. The URL of the journal is: https://ojs.ub.uni-konstanz.de/srm/
ESRA organises an international conference every two years. The last conference was held in 2021, as an online event due to the COVID-19 pandemic. (https://www.europeansurveyresearch.org/conferences/ESRA2021). The conference was held over four days, with c.350 attendees registered.
ESRA also contributes to the organisation of smaller-scale conferences in years when its biennial conference does not take place.
ESRA also run an online mailing list - ESRAnet. This is an email discussion list where members can connect with colleagues to seek advice, share experiences and get the latest news about survey research in Europe. All ESRA members are automatically subscribed to ESRAnet on joining the association.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During 2021 ESRA have published 3 standard issues of the journal Survey Research Methods, containing 18 high-quality, peer-reviewed articles.
As well as this, the biennial conference was held, as an online event due to the COVID-19 pandemic. (https://www.europeansurveyresearch.org/conferences/ESRA2021).
The conference was held over four days, with c.350 attendees registered.
ESRAnet continues to be a valuable source of information and support for ESRA members.
FINANCIAL REVIEW
Principal funding sources
The principal sources of funding during years when there is no conference is the annual membership fee. During years when there is a conference, the principal sources of funding are membership fees, registration fees and sponsorship.
Reserves policy
The trustees are committed to maintaining reserves that will cover at least one year's operating costs as well as covering potential cashflow requirements during years where there is a conference.
At 31st December 2021, the charity held £242,779 in reserves which is in line with the reserves policy as it can cover at least one year's operating costs.
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EUROPEAN SURVEY RESEARCH ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a constitution, and constitutes an association.
Recruitment and appointment of new trustees
Trustees are appointed by the president, taking into account their skills and expertise.
Organisational structure
Charity is managed by a Committee and reports to a General Assembly of the members of the Association.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1150506
Principal address
University of Southampton Southampton Hampshire SO17 1BJ
Trustees
G Durrant (resigned 9/7/2021) DR C Roberts (resigned 9/7/2021) Dr T Yan Dr A Scherpenzeel (resigned 9/7/2021) Dr U Kohler Dr S Eckman (resigned 9/7/2021) Dr V Lomazzi Dr K Thomas (resigned 7/5/2021) Dr T Smith S Steinmetz Dr V Toepoel Dr E Gilbert Dr A Kirchner Dr M Haan Dr S Douhou Dr A Gaia (appointed 9/7/2021) Dr O Mazlovskaya (appointed 9/7/2021) Dr D Seddig (appointed 9/7/2021) Dr M Bergmann (appointed 9/7/2021) Dr A Wenz (appointed 9/7/2021) Professor R Fitzgerald (appointed 9/7/2021)
Independent Examiner
Leanne Leverington ACA Institute of Chartered Accountants in England and Wales Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
COMMENCEMENT OF ACTIVITIES
The charity commenced its charitable activities on 2nd November 2012.
Page 2
EUROPEAN SURVEY RESEARCH ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Dr E Gilbert - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EUROPEAN SURVEY RESEARCH ASSOCIATION
Independent examiner's report to the trustees of European Survey Research Association
I report to the charity trustees on my examination of the accounts of European Survey Research Association (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
Leanne Leverington ACA Institute of Chartered Accountants in England and Wales Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
Date: .............................................
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EUROPEAN SURVEY RESEARCH ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| 2021 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 10,532 Charitable activities Charitable activity 36,267 Total 46,799 EXPENDITURE ON Charitable activities Charitable activity 46,545 NET INCOME/(EXPENDITURE) 254 RECONCILIATION OF FUNDS Total funds brought forward 242,525 TOTAL FUNDS CARRIED FORWARD 242,779 |
2020 Total funds £ 458 - 458 25,313 (24,855) 267,380 242,525 |
|---|---|
The notes form part of these financial statements
Page 5
EUROPEAN SURVEY RESEARCH ASSOCIATION
BALANCE SHEET 31 DECEMBER 2021
| 2021 Unrestricted fund Notes £ CURRENT ASSETS Debtors 4 14,122 Cash at bank 231,057 245,179 NET CURRENT ASSETS 245,179 TOTAL ASSETS LESS CURRENT LIABILITIES 245,179 ACCRUALS AND DEFERRED INCOME 5 (2,400) NET ASSETS 242,779 FUNDS 6 Unrestricted funds 242,779 TOTAL FUNDS 242,779 |
2020 Total funds £ 14,234 233,291 247,525 247,525 247,525 (5,000) 242,525 242,525 242,525 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. E Gilbert - Trustee
The notes form part of these financial statements
Page 6
EUROPEAN SURVEY RESEARCH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Subscription income is recognised on receipt.
Sponsorship income is recognised in the year that the sponsored event took place.
Educational conference fees are recognised at the point the conference took place.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Going concern
The charity has prepared these accounts on a going concern basis, however there are material uncertainties in respect of COVID-19 and the trustees have taken into consideration the existing and potential effects of coronavirus on the activities of the charity in the future.
continued...
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EUROPEAN SURVEY RESEARCH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Charitable activity NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 5. ACCRUALS AND DEFERRED INCOME Accruals and deferred income |
Unrestricted fund £ 458 25,313 (24,855) 267,380 242,525 2021 2020 £ £ 14,122 14,234 2021 2020 £ £ 2,400 5,000 |
|---|---|
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EUROPEAN SURVEY RESEARCH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
6. MOVEMENT IN FUNDS
| At 1/1/21 £ Unrestricted funds General fund 242,525 TOTAL FUNDS 242,525 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 46,799 TOTAL FUNDS 46,799 Comparatives for movement in funds At 1/1/20 £ Unrestricted funds General fund 267,380 TOTAL FUNDS 267,380 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 458 TOTAL FUNDS 458 |
Net movement At in funds 31/12/21 £ £ 254 242,779 254 242,779 Resources Movement expended in funds £ £ (46,545) 254 (46,545) 254 Net movement At in funds 31/12/20 £ £ (24,855) 242,525 (24,855) 242,525 Resources Movement expended in funds £ £ (25,313) (24,855) (25,313) (24,855) |
|---|---|
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EUROPEAN SURVEY RESEARCH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
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