REGISTERED CHARITY NUMBER: 1152804 The Astrological Association CIO Report of the Trustees and Financial Statements forthe Year Ended 31 March 2024 The Astrol ical ssociation CIO C(?Iitents ofthc I'"inancial Staiements tor th¢ Ycar EndLd 31 fY1arch 2024 Repoit of th¢"I'rustces I to.5 Independent Lxamiiiels Report RLceipis aiid Payinent% Account 8L'itcmeiit of Assets ¢ind l.iabilities lo alA sociation CIO Page I Report of the Trustees for the Year Ended 31 March 2024 The Trustees have pleasure in submitting th¢ Report and Accounts for the period from I st Apn"12023 to J 1st March 2024. REFERENCE AND ADMINISTRATIVE DEfAILS Registered Charity number 1152804 Registered offjce 21 Copthall Lane Chalfont St. Peter Gerrards Cross Buckinghamshire SL9 OBY Trustees Roy Gill¢tt (President) Wendy Stacey (Chair) Jadranka Coi¢ (Treasurer) Angela Cornish (Secretary- resigned 14 October 2023) Amanda Williams (Secretary- appointed 14 October 2023) Nick Campion (Vice President) Christine Chalklin Rod Chang (appointed 14" October 2023) Mary English (appointed 14" October 2023) Kristine Hristtova (appointed 14rb October 2023) Sharon Knight (resigned 14th October 2023) Alison Kelly Alejo Lopez (appointed 14th October 2023) Chris Mitchell Independent examiner l G M Boldero FCA Boldero & Co. The Bircham Centre The Market Place Reepham Nonvich NR104JJ Page ? ica Ass ciati ncl Report ofthe Trustees for th¢ Year Ended 31 March ?024 STRUCTURE,GOVERNANCE AND MANAGEMEf4T Objeets & Gov¢ruan¢¢ The Charitable Incorporated Organisation was r¢8istsred as a charity with the Charity Commission on 10th July 2013. The objects ofthe CIO are the advancement of the education an(1 cultural understanding ofthe public and astrological community by the critical study of Lstrology in all its branche4 their history and contemporary value. Management Strueture Over the period the charity has been run by 12 trustees. with different backgrounds and expertise that can contribute to thc delivery of the charity's objectives. OBJECTIVES, ACTIVITIES, ACHIEVEMENT AND PERFORMANCE Websltes and Soclol Medla The Association's secure, multi-platform, user-friendly website htt sJ/astrolo i¢alassociation.com is regularly updated with new material to provide an extended service to our membership and especially the general public, who can access astrological inforn)ation on edu¢ation and community. in texL audio and Vid￿ fomwt archi￿. Its general public Facebook pages inforn) and encourage likely-discussion to an ever-expandints world-wide audience and helps to promo* quality astrological events around the world. Regular updates are communi&*ed fiee of charge to thousands of associated mernb¢￿. During the year the Association increased Ats presence on Instag[3￿ and this is leading to wider engagement with a younger audience. The Association launched a new Instagram and YouTube programrne offering the general public an astrological insight into the New Moon each month. This has been well received ￿tk thousalth subscribing to view uploads. TheAslrological Joiirnal The Journal (continually published since 1959) has again produced six high quality full-colour journa15 Wlthin the year and received excellent feedback. The online journal has just moved to a multi-media platform which is interactive and more accessible to an expanding readership. The Contributors to the journal continue to expand from experts around the world. The journal is launching in ?0?4 a new insert to the publication called Stellar. with a focus on current affairs and ne￿5 around the world which is tsrgeted to younger and global audiences. This section of the journal will be offered free to the public with the aim of raising awareness and providing information not otherwise available on social medi& Correlalion The Association's w¢bsi* h s:l/correlation ournal.com for the As￿lation,S specialist Correlation Journal continues to be an Up-t￿date source of reference and new maierials for astrological research to anyone in the world. Correlation has been published continually since 1981. Volumes i5 number 2 and 36 number I were published in the second half of 202) and January 2024 respectively. Correlation 36 number l. in particular, has generated a lot of interest and many new subscrib¢r5. The Astrolow. and Mediclne NeMTsletter The Astrology and Medicine Newsletter has Continued to publish its three issu¢s per year now both in digital format. as well as a paper ¢dition. All issue8 ever published of the three above publications are availabl¢ on-line to association members or subscribers. Individual copi¢s Can be purchased and downloaded by non-subscribers. Ideas and knowledge scanning many decades are constantly avaTlable. The Association continues to enjoy a mutually supportive relationship with the world-r¢nowned AstroDaiaBank with which its chart database is linked and where articles are sought from the Astrological JO￿rnal to widen readership. The Astr lo ical Association CIO Page 3 Report of the Trustees for the Year Ended 31 March 2024 Library The Association Library continues to be fully house(t catalogued and cared for by the Association's Librarian the highly regarded astro-archivist Philip Grave4 alongside his own Asrnolearn Library, to forn] an JnternationalAstrol0￿, Librarj, comprising tens of thousands of &strology books and p¢riodicals stored in one convenient p12¢e- NewporL South Wales, United Kingdom. The range is truly international, with astrology volumes in English, French. G¢nnan, Spanish, Italian: Dutch, Polish, Danish, Norwegian, Hungarian. Russian. Serbian, Turkish. Japanese, Al(kadian, Ancient Greek, Latin, Arabic. Hebrew and Armenian available. All are available for reference and r¢sear¢h to th¢ membership and the oenerdl public. [Full details of the libraries content and resources are at h icala5sociation.comlinternational-astrolo -libra The Librarian has d¢veloped the distribution of duplicate second-haid astrology books. which has received a very good international respons¢. Part of th¢ Library reorganization has been to make the archives of John Addey.. Charles Harvey. and R H Naylor. available and ready, Two members of the Association's Board have agreed to work on these. The scanning project continues with the aim of preserving the content of rare and out of print books th* are in poor condition. erence andE nlDa ' Our 55th Main Confer¢nce was held in Staffordshire in O¢tober ?023 as well as all presentations being str¢amed via digital platform. Delegates from all the world s continents attended to benefrt frorn the high standard of techniques and research. 180 delegates attended in person and a further l ?0 online. There were 59 speakers. the majority of which attended in person, and it provided an excellent opportunitS' to exchange astrological knowledge and experiences both formally and inforn)ally. Conference and Event Days provided online ¢ontinue to drnw together people from a wide range of >rological schools and other groups, as well as the general public. L￿al groups continue to meet live and via digital platforni, running increasingly successful events that reach astrologers and members of the public from all over the world. The resources of the Association have been a developing SUPPOrt in this expansion. The AA continues to hold free webinars to members and the general public. In January 2024 the AA introduced a new series of webinars- Astr0-Du¢ts. The main aim of these is to eno . the astrolooical community in a dialogue about topics of interest. These webinars are free. although donations are encouraged, and have been very well receiwed by both members and non-members. liilernallonal on eellons The Association maintains regular relations with r¢cotsnized international astrological organisations in America, Europe, Asia and Australasia. who share and enhance its aim to Sustain and extend the hiJfy est standard of critical understanding of astrology. Future activlties Conference aAdEvenl Days 'rhe Association's 56th Conference will bt held in August 2024 and. once again: will be a hybrtd event with residential delegates and with all presentations streamed via digital plaffornis to online d¢legates and available to both groups of att¢ndees. post conference for 90 days. Following the successful approach in 20￿ effort is again being made to include first-time presentrrs and attendees. so that the critical understanding of Astrology can be advanced. and so infÉ)rn] the expanding interest in the knowledge within the coinmunity and to educate the geneTal public. There are also plans in place for a K¢pler Day in January 2￿5, where astrologers can exchanse. present and ri8orously consider serious new astrological research. eAstr lo i¢al Associ tion Cl Page 4 Report of the Trustees for the Year Ended 31 March 2024 Yolunieers Many volunteers continue to help with the Association's conferences and websit¢ and ¢vent day s¢rvi¢¢s. The Association is very grateful for their continued involvement and support both at th¢ conference and throughout the y¢ar. The entire Board performs much ofthe initiation. Creatio￿ implementation and Coordination ofthe Association's activities on a voluntary basis. The Association each year aims to seek out new trustees who bring relevant and needed skill sets to the board with the aim of developing the Association's publi¢ position and social media presence. The Association conducts a thorough interviewing and nomination process to ensure that new trustees are suitable for the position and fully understand the obligations and commitments involved. In 2023 five new trustees were appointed. each of whom bTing skills in medii marketing? governan¢e and contacts, and finance within the wider astrological community, as well as broadening the age rdnge and diversity of the board. In ?023 the board undertook diversity training to improve and enhance relationships and to train board members in understanding unconscious bias and sensitivities in working with each other and approach the wider community. Publicoilons The Association continues its publications with resource5 being allocated to enhance the qU￿lty and circulation to its subscribers and memb¢rs. Ther¢ will continue to be six editions of The Astrological Journal but big changes are planned as online content will become more int¢raetive with audio and video offerings as well as a new section to broad¢n the reach of the Journal to the wider astrological community. Furthermore, there will be three editions of the Astrology and Medicine Newsletter. The Correlation Editor has two more in preparation for publi¢ation in 2024-25. Aecesslble Ivfornwllon rtnd Llbrary Resources The expansion of the Library, explained above, is now a part of an International Astrology Library with a combined collection of tens of thousands of books and periodical reference material, is now carefully stored and available for study. The Librarian is increasingly involved day-by-day in answering questions online) providing resources and hosting visitors to the library. Thus, making literature and research materials more accessible to members and the general public. Th¢ organisation of the sale of second-hand books has been fully reviewed and developed, leading to a most positive public response. An up-to-date listing of all the second-hand books is now available indicattng the publication inforniation and the quality of each one. Plans to continue this on an ongoin8 b&si$ are now in place. TheA ol cal ssoci ion io Page 5 Report of the Trustees for the Year Ended 31 March 2023 FINANCIAL REVIEW Reserves Poliey Th¢ Trustees consider thai the Charity's r¢serves will enhance th¢ service5 provided and provide financial security for the future. The reserves held in unrestricted funds: which have not been designated or invested in fjxed assets. at 31.03.24 were £46.071. The reserves policy of the charity is to endeavour to hold at least six months running costs in free unrestricted reserves. As at 31.03.24: the unrestricted reserv￿. not designated and not hcld as fixed assets, were £46.071. This represents Tnore than six months, running costs. The charity closely monitors th¢ level of reserves and ensures that these are maintained by the use of good management and financial controls. PUBLIC BENEFIT In planning the charity's activities. the Trwtstees have had regard to the guidance issued by the Charity Commission on "Public Benefit" The trustees have complied with the duty in Section 4 of th¢ Charities Act 2006 to have due regard to the public benefft guidance published by the Charity Commission in December 2008. Signed.. MR. R GILLETh- President MS. w sfACEY- Chalr on CIO Pag¢ 6 xa ear Ended 3 ort M h2024 for the Respective responsfibillties oftrustees and examiner The charitys trustees are responsible for the Preparation of accounts. The charity's trustses ¢onsiderthat an audit 15 not required for this year (under Section 144(2) of the Charities Act 2011 (the 201 l Act)) and that an independent exaniination is required. Having satisfied myself that the charity is not subject to audit under company law and is eli￿111e for independent examinaiion, it is my responsibility to: examin¢ the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act). and to sts* whether parttcular matters have com¢ to my attention. Basis of the independent examiner's report My examination was carried out in accordance with the Generdl Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of th¢ accounts presented in those records. It also includes a Consideration of any unusual it¢ms or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion ts given as to whether the accounts present a °true and fair vi￿, and the r¢port is limikd to those matters set out in the statement below. Independent examiner'5 ststement In Connection with my examination. no matter has come to my attention.. I which gives me reasonable cause to believe thaL in any material respe¢ the requitErnents to keep accounting records in accordance with section 130 of the 2011 ACL. and to prepar¢ accounts which accord with the accounting records and comply with the accounting requirements of the 201 l Act have not been metr, or 2 to which, in my opinion, attention should be drdwn in order to enable a proper underntanding of th¢ accounts to be reached. l G M Boldero FCA Boldero & Co. The Bircham Centre The Market Place Reepham Norwich NR104JJ Date: 2024 Statemeffl of Financial Activities for )'ear to 3 1st March 20?4 Accumulated Fund Iksignated Building Fund Total Funds 31.03.24 Totsl Funds 31.03.23 Ineome From Voluntary Sour¢es Membership subscriptions Publication subscriptions Barbault Sale Donations and bequests 26.320 13244 .737 912 26.320 26.826 6.513 3.?39 284 .737 91? From Assets Deposit interest From A¢tivities ConfercncL income Advertising in publications Misccllancous income 47.685 3.544 2,?88 47.685 18.119 .3.100 1.981 2a88 Totsl Income 95.736 95.736 EXPENDITURE 60.07? Activitles Publications expenditure Conf¢rcntt e¥p¢nditu 29.390 49.842 29.390 49.84? 32.158 8.478 Other eKpendlthre Administration Phon¢. p05tagc and offIce Truste¢ LNpenses Adi'eriisin& iiebsiie and PR InsurdnCL' Accounlanci. Bank" and credit card charges and tales 9.341 9.341 1?.013 8?6 8.233 10.720 625 1.114 831 900 2.797 2.459 936 4.069 603 936 4.069 Totsl exp¢nditsre 109.479 109.479 6).850 Net deficit 113.743) Total funds brought forward (13.743) <5.784) 21J88 84.276 Tot41 funds ¢&rried forward 105.864 11.648 7,845 84276 92,121 105,864 The Astrolo ' cal Asso ti CIO Page 8 Balance Sheet as at 31 st March 2024 31.03a4 31.0323 Current Assets Stock of library books Other stock Debtors Cash 45,000 1.050 1.550 45.859 45.000 1,050 1,550 59,283 93.459 106,883 Cllr￿nt Liabilities Creditors 1.338 1,019 1,338 1.019 Net Assets 92,121 105064 Deslgnated Funds Accumulated fund Building fund 7,845 84.276 21,588 84.276 92,121 105,864 Signed Date Note: Stocks of library books are valued at estimated sales value after an exercise wa5 undertaken to check current values against on-line sites such as Amazon. Alj other stocks are valued at cost or sales value if lower.