| Page | |||
|---|---|---|---|
| Trustees' annual report |
|||
| Independent examiner's report |
to the trustees | 10 | |
| Statement of financial activities |
|||
| Statement of financial position |
12 | ||
| Notes to the financial statements |
13 | ||
| The following pages do not form part of |
the financial statements | ||
| Detailed statement offinancial |
activities | 23 | |
| Notes to the detailed statement | offinancial | activities | 24 |
| Y | ear ende | d 31 INarch | 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | ||||||
| funds | funds | Totalfunds | Total funds | ||||
| Note | 6 | 6 | 8 | f | |||
| Income and endowments | |||||||
| Donations and legacies |
4 | 66 | 66 | 41 | |||
| Other trading activities |
5 | 115,023 | 115,023 | 46,789 | |||
| Investment income |
6 | 43 | 44 | 42 | |||
| Other income | 7 | 8,338 | 8,338 | 24,706 | |||
| Total income | 123,470 | 123,471 | 71,576 | ||||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 8,9 | 52,952 | 52,952 | 25,031 | ||
| Total expenditure | 52,952 | 52,952 | 25,031 | ||||
| Net gains on investments | 10 | 176 | 176 | 410 | |||
| Net income and net movement | In | funds | 70,694 | 70,695 | 46,957 | ||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
253,560 | 5,695 | 259,255 | 212,299 | |||
| Total funds carried forward | 324,254 | 5,696 | 329,950 | 259,255 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Fixed assets | Note | 5 | |||
| Tangible fixed assets | 15 | 488 | 63 | ||
| Investments | 16 | 1,829 | 1,653 | ||
| 2,317 | 1,736 | ||||
| Current assets | |||||
| Debtors Cash at bank and in |
hand | 21,579 310,807 |
25,784 236,236 |
||
| 332,386 | 262,020 | ||||
| Creditors: amounts | falling due within one year | 18 | 4,753 | 4,500 | |
| Net current assets | 327,633 | 257,520 | |||
| Total assets less current liabilities | 329,950 | 259,256 | |||
| Net assets | 329,950 | 259,256 | |||
| Funds ofthe charity | |||||
| Restricted funds Unrestricted funds |
6,696 324,254 |
5,695 253,560 |
|||
| Total charity funds | 20 | 329,950 | 259,255 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||||
| 6 | 6 | f | ||||||
| Donations | ||||||||
| Donations | Received | 66 | 66 | 41 | 41 | |||
| 5. | Other trading | activities | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| f | 8 | f. | ||||||
| Course Income | 50,564 | 50,564 | 7,204 | 7,204 | ||||
| Royalties Received | 64,459 | 64,459 | 39,585 | 39,585 | ||||
| 115,023 | 115,023 | 46,789 | 48,789 | |||||
| 6. | Investment | income | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| f | ||||||||
| Income from investment | properties | 22 | 22 | |||||
| Bank interest receivable | 5 | 5 | ||||||
| Bank interest receivable | —Asia | 1 | ||||||
| Bank interest receivable | - Treasurers | account | 18 | 16 | ||||
| 43 | 44 |
| Unrestricted | Restricted | Total Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds f |
Funds f |
2021 f |
||||||||
| Income from investment | properties | |||||||||
| Bank interest | receivable | 11 | ||||||||
| Bank interest | receivable | - Asia | 1 | |||||||
| Bank interest | receivable | - Treasurers | account | 30 | 30 | |||||
| 41 | 42 | |||||||||
| 7. | Other income | |||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| f | f | |||||||||
| Other income | Membership | & | ||||||||
| Subscriptions | 6,338 | 8,338 | 24,706 | 24,706 | ||||||
| 8. | Expenditure | on charitable | activities | by fund | type | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| f | F | f | ||||||||
| Research &Training |
Activities | 22,574 | 22,574 | 10,552 | 10,552 | |||||
| Support costs | 30,378 | 30,378 | 14,480 | 14,479 | ||||||
| 52,952 | 52,952 | 25,032 | 25,031 |
| 9. | Expenditu | re | on cha | ritable activities |
by activity type | |||
|---|---|---|---|---|---|---|---|---|
| Activities | ||||||||
| undertaken | Totalfunds | Total fund | ||||||
| directly F |
Support costs F |
2022 f |
2021 f |
|||||
| Research | & Training | Activities | 22,574 | 22,574 | 10,552 | |||
| Governance | costs | 30,378 | 30,378 | 14,479 | ||||
| 22,574 | 30,378 | 52,952 | 25,031 | |||||
| 10. | Net gains | on investments | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| f | f | f | f | |||||
| Gains/(losses) | on other investment | |||||||
| assets | 176 | 176 | 410 | 410 |
| 2022 f |
2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Depreciation | oftangible | fixed assets | 163 | 28 | ||||
| 12. | Independent | examination | fees | |||||
| 2022 f |
2021 f |
|||||||
| Fees payable | to the independent | examiner for: | ||||||
| Independent | examination | ofthe | financial | statements | 4,340 | 7,707 |
| Tangible fixed assets | ||
|---|---|---|
| Fixtures and | ||
| fittings f |
Total | |
| Cost | ||
| At 1 April 2021 | 263 | 263 |
| Additions | 568 | 568 |
| At 31 March 2022 | 831 | 831 |
| Depreciation | ||
| At 1 April 2021 | 180 | 180 |
| Charge for the year | 163 | 163 |
| At 31 March 2022 | 343 | 343 |
| Carrying amount |
||
| At 31 March 2022 | 488 | 488 |
| At 31 March 2021 | 83 | 83 |
| Listed | |
|---|---|
| investments | |
| Cost or valuation | 6 |
| At 1 April 2021 Additions |
1,653 |
| Fair value movements | 176 |
| At 31 March 2022 | 1,829 |
| Impairment | |
| At 1 Aprfi 2021 and 31 March 2022 | |
| Carrying amount |
|
| At 31 March 2022 | 1,829 |
| At 31 March 2021 | 1,653 |
| 17. | The fair value Debtors |
ofthe | shareholding is based on the open market |
share price. | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| F | |||||
| Trade debtors | 14,384 | 15,679 | |||
| Prepayments Other debtors |
and accrued income - ARICD Assoc —Unrestricted |
6,966 229 |
6,542 3,563 |
||
| 21,579 | 25,784 | ||||
| 18. | Creditors: amounts | falling due within one year | |||
| 2022 | 2021 f |
||||
| Accruals and Social secunty |
deferred income and other taxes |
4,500 253 |
4,500 | ||
| 4,753 | 4,500 |
| Unrestricte | d funds |
|||||||
|---|---|---|---|---|---|---|---|---|
| At | ||||||||
| At | Gains and 31 March 202 | |||||||
| 1 | April 2021 f |
Income | Expenditure E |
losses f |
2 E |
|||
| General funds | 253,560 | 123,470 | (52,952) | 176 | 324,264 | |||
| At | ||||||||
| At | Gains and 31 March 202 | |||||||
| 1 | April 2020 E |
Income E. |
Expenditure f |
losses f |
1 | |||
| General funds | 206,605 | 71,577 | (25,032) | 410 | 253,560 | |||
| Restricted | funds | |||||||
| At | ||||||||
| At | Gains and 31 March 202 | |||||||
| 1 | April 2021 f |
Income f |
Expendituref | losses f |
2 E |
|||
| Restricted | Fund - Asia | |||||||
| Fund | 5,695 | 5,696 | ||||||
| At | ||||||||
| At | Gams and 31 March 202 | |||||||
| 1 April 2020 | Income | Expenditure | losses | 1 | ||||
| E | F | E | E | E | ||||
| Restricted | Fund - Asia | |||||||
| Fund | 5,694 | 5,695 |
| Ye | ar ended 31 March | 2022 | ||||
|---|---|---|---|---|---|---|
| 2022f | 2021f | |||||
| Income and endowments | ||||||
| Donadons and legacies |
||||||
| Donations Received |
66 | 41 | ||||
| Other trading activities |
||||||
| Course Income | 50,564 | 7,204 | ||||
| Royalties Received | 64,459 | 39,585 | ||||
| 115,023 | 46,789 | |||||
| Investment income |
||||||
| Income from investment | properties | 22 | ||||
| Bank interest receivable | 5 | 11 | ||||
| Bank interest receivable | - Asia | 1 | 1 | |||
| Bank interest receivable | —Treasurers | account | 16 | 30 | ||
| 44 | 42 | |||||
| Other income | ||||||
| Other income Membership | &Subscriptions | 8,338 | 24,708 | |||
| Total income | 123,471 | 71,578 | ||||
| Expenditure | ||||||
| Expenditure on charitable |
activities | |||||
| Purchases | 22,574 | 10,552 | ||||
| Wages and salaries | 9,669 | |||||
| Pension costs | 122 | |||||
| Insurance | 940 | 793 | ||||
| Other establishment | 199 | |||||
| Legal and professional | fees | 6,530 | 4,018 | |||
| Other office costs | 11,045 | 8,448 | ||||
| Depreciation | 163 | 28 | ||||
| Other interest payable | and | similar | charges | 1,710 | 1,192 | |
| 52,952 | 25,031 | |||||
| Total expenditure | 52,952 | 25,031 | ||||
| Net gains on Investments | ||||||
| Gains/(losses) on other |
investment | assets | 176 | 410 | ||
| Net income | 70,696 | 48,957 |
| Ye | ar ended | 31 March 202 | 2 | ||
|---|---|---|---|---|---|
| 2022 | 2021f | ||||
| Expenditure | on charitable activities |
||||
| Research & |
Training Activities |
||||
| Activities undertaken directly |
|||||
| Research & |
Training Expenses |
22,574 | 10,552 | ||
| Governance | costs | ||||
| Governance | costs- wages/salaries |
9,669 | |||
| Govemance | costs- pension costs |
122 | |||
| Govemance | costs- insurance |
940 | 793 | ||
| Govemance | costs- other establishment |
199 | |||
| Govemance | costs- accountancy fees |
4,340 | 3,368 | ||
| Govemance | costs— legal and other professional |
fees | 1,402 | 620 | |
| Governance | costs— costs oftrustees' |
meetings | 788 | 30 | |
| Governance | costs- other office costs |
11,045 | 8,448 | ||
| Governance | costs- depreciation |
163 | 28 | ||
| Governance | costs— bank fees |
1,710 | 1,192 | ||
| 30,378 | 14,479 | ||||
| Expenditure | on charitable activities |
52,952 | 25,031 |