2022-03-31-accounts

Contents		Page
Legal and Administrative	Information	2-3
Trustee's Report and Accounts		4-12
Independent Auditors'	Report to the Members	'I3-15
Statement of Financial	Activities	16
Balance Sheet		17
Cash Flow Statement		18
Notes Forming Part of	the Financial Statements	19-25

		Note	Unrestricted Funds	Designated Funds	Totat	Total
			2022	2022	2022	2021
Incoming resources			E	E	E	E
Voluntary income:
Subscriptions and donations			38,743		36,743	57,282
Appeals			3,224		3,224	4,173
Legacies			100 180		100,180	312545
			142 147		142147	374 000
Chaditable activities:
Publication sales			750		750	1,922
Services 8 lecture fees			38870		38,870	5321
			39.620		39,620	7.243
Investment income:
Interest bearing deposits			53	690	743	13,993
Securities			114978		114.978	100.514
			115031	690	115.721	114,507
Total incoming resources			296,798	690	297,488	495.750
Resources expended
Costs ofgenerating funds			56,020		56,020	51,773
Charitable activities			241,338		241,338	368,721
Other resources expended			70910	15909	86.819	84.212
Total resources expended			368,268	15,909	384,177	504.706
Operational Incomingf(Outgoing)	Resources for the Year '		P1,470)	(15,219)	(86,689)	(8,956)
Other recognised gains and losses
Net Gain on Property Revaluation
Net realised gains an investments			273,258	~	273,258	43,179
Unrealised gains (losses) on investments		6	~126189		~126189	881.905
Net movement in funds			75,599	(15,219)	60,380	916,128
Balance brought forward Balance carried forward			5.659538 ~2352'	658815 ~EKM9	6.318.353 ~2lLB2	5402 225 ~~B

		Note	Unrestricted Funds	Designated Funds	Total	Total
			2022	2022	2022	2021
			6		6	E
Fixed assets
Tangible fixed assets		5&15	201,543		201,543	205,426
Investments		6	5073208		5073208	4 949502
			5274 751		5274 751	5154928
Current assets
Debtors		7	21,341		21,341	17,751
Term deposits at bank			350,688		350,688	513,038
Term deposits at Money Markets			124,627	1.734,674	1,859,302	2,360,309
Cash at bank and in hand			17461		17461	14,799
			514117	1734674	2248791	2955897
Current liabilities
Creditors amounts	falling due within
one year		8	(53,731)	(957,905)	(1,011,636)	(709,754)
Net current assets			46D386	~71 779	1237156	2 196143
Creditors. amounts	falling due after
more than one year				~133173	~133173	(1,032,718)
Total assets less current gabilltles			5735137	643596	613787733	6,318,353
Net assets
Funds
Unrestricted		10	5,735,137		5,735,137	5,659,538
Designated TotalFunds			~iZZLQZ	643596 ~KSfi	643596 ~iZILLQ	658815

			Note	2022	2021
				8	8
Net cash (outflow)finf low from operating	activities		17	(798,542)
Returns on investments and servicing of	finance		17	115,721	114,507
Capital expenditure and financial investment			17	22 125	12228
Increase/(decrease) in cash in the period
Reconciliation ofnet cash flow to movement		in net debt	18
Increase/(decrease) in cash in the period				660696	282 161
Movement in net debt in the period				(660,696)	(282,131)
Cash and Cash Equivalents at the start ofthe		Year		2888 145	3170276
Cash and Cash Equivalents at the end of	the	Year

					2022	2022	2022	2021
					Unrestricted Funds	Designated Funds	TotalFunds	Total Funds
2	Costs ofgenerating			funds:
	Fundraising &	publicity costs			25,678		25,678	23,586
	Investment management				30,126		30,126	27,371
	Legacy fees				216		216	816
					66020		66,020	51 773
3	Charitable activities:
	Scientific &technical			staff costs	209,673		209,673	193,110
	Publications				3,470		3,470	3,590
	Fees &expenses				4,763		4,763	4,421
	Grant SVCF- Wild Fish Scoping Project							165,989
	Other charitable		projects expenditure		3,955		3,955
	Awards				7,477		7,477	(800)
	Student/Training		Scholarships		12,000		12,000	2,400
	Depreciation
					241 338		241 338	368721
4	Other resources		expended:
	Audit fee				4,380		4,380	4,355
	Legal &Professional			fees	3,903		3,903	1,281
	Administrative	staff costs			28,028	15,790	43,818	48,454
	Office costs				29,479	119	29,598	24,968
	Depreciation				5,120		5120	5 154
					70,910	16,909	88,818	84 212
	Staff Costs
	Salaries				225,535	15,790	241,325	236,971
	Social security Pensions				11,214 10,942		11,214 10,942	10,871 ~1272
					247 621			258 571

												2022	2021
													6
		Net incomingt (outgoing)		resources								60,380	916,128
		Profit on disposal of	fixed	assets investments								(273,258)	(43,179)
		Gain on revaluation	of land and buildings
		Interest received										(115,721)	(144,507)
		Depreciation charges										5,120	5,154
		Unrealised (gains)/losses		on investments								126,189	(881,905)
		(Increase)/Decrease	in debtors									(3,590)	43,987
		(Decrease)/Increase	in creditors									~597663	~334544
		Net cash inflow/(oufflow)		from operating				activities
	17	Analysis ofCash Flows		for Headings			Netted in the Cash Flow Statement
												2022	2021
		Returns on investments		and servicing			of	finance					6
		Interest received										115721	114507
		Net cash inflow for	returns on investments						and servicing of
		finance
		Capital expenditure	and	financial	investment
		Purchase oftangible	fixed assets									(1,237)	(761)
		Purchase offixed asset investments										(959,900)	(870,221)
		Sale offixed assets	investments									273,258	43,179
		Sale offixed asset investments										710004	840031
		Net cash (oufflow)/inflow		for capital		expenditure				and	financial
		investment
	18	Analysis ofChanges in		Cash and	Cash Equivalents
											At 1.4.21	Cash flow	At31.3.22
												E	F
		Net Cash:
		Cash at bank									527,837	(159,688)	368,149
		Money Market Deposits Total									2360309	~501 008	1,859,301 22~K
r	~	~ ~ ~
		~ ~ '	~'I	. .~	~	~	~. - ~		~ .	. ~