Regist•rnd Charity Number. 1161218 Company Number: 09349804 UnIv•rsItt and Colleges Infornwtlon Systems Assoelation Consolldated Accounts for the year ended 31 Decefflber 2021 Wenn Townsend *A52puf3E' Chartered Accountants A11
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Universities and Colleges Infomiation System$ Assoclation Association inforniation Chalr: Adtban Ellison Treasurer: Dean Phlh"p5 Vi¢• Chalr: Paul Hamass S•cr•tary: Paul Buuer CEO: Registered Charity Number. 1161218 R•glst8red Office: 30 St Giles O¢xd OX1 3LE Auditor: Wenn Townserk1 Chartgrgd Aw)untsnts Buslnoss Address: Lumen House Library Avenue Harwell Oxford Did¢ot Oxon OX11 OSG Bankers: Bardays Bank plc
Universitles and colleg Information Systems Association Cont•nts Page Trustees. Annual ReKK)rt Auditors Report Slalement of FinancAal Activrties Bala¥ Sheet 10 Slalemenl of Cash 11 Notes to the Financial Statements 12-22
Unlvgrslues and Colleges Infonnation Systems Association Tru$lee$' Annual Report for the financial year ended on 31 D•c•mb•r 2021 Introductlon This document 1$ th8 annud report of the tntstees of the Universitiès Colleges Infomation Systems Association, olhemse known as UCISA. The Twstees for 2021 were elected at the Annual General Meeting according to the procedures laid out ¥) Ihe Artides of Asscoatson. The 2021 knnual General Meeting took place virtually on Thutsday 10th June via MirX¢oft Teams. Trustees Thg followirKJ trustees were elected at the 2021 knnual General Meeting: Mr Adrian Ellison. Chair. hAr Paul Hamess. Deputy Chai Ms Emma Woodcock. Ekcted Trustee r James Smith. Elected Trustee 'Denotes that the office holdef was akeady a truslee having been elected at a previous AGM ' Denotes Ihal the person ele¢te¢J was already a COpted trustee The followir4J remained as trustees. Iheir term of offKe not having expired: Mr Dean Phillips. Treasurer. Mr Paul Butler. Secretary. Ms Sarah Cockerill. Elected Trustee Thg followirg were CO&OPted as trustaes on 10June 2021.. Mr Oarren Tysoe Mr Vipin awhat Mr Mathew Fkjwer Mr Gareth Mcmeese Ouring the Financial Year. Ms. Clare Priesty resigned as a Trustee as she ceased employment with a member institutKJn. Mr Arthur Clune also Stepped down as a trustee al the 2021 AGM. The Trustees would I(e lo record their thanks to both for ¢heir ntrIbution to UCISA. Mr Drew Cook stepped down as Chairrnan and Trustee at the 2021 AGM. his temi of office having expld. The Trustees would like to record thr thanks to him nobro in partIlar his skill in stsering UCISA through a challenging period of sustained and 5ubstanbal ¢han9e. Structurn. governan¢¢ ond manag¢m•nt UCISA is a membership organisation which exists to promote arKI advance education for the public b8nefft in information syslems and digital technologies and kn"r use in education and research. primarily in UK universili¢s and colleges. UCISA is a Registered Charity (Charity number 11612181 and a company limited by guarantee (Company number 093498041 hawng previously operated a5 a Charitable Trust (Charity number 2777471- The Charitsble Trust became domiant in December 2015 having transferred rts assets and liabiltties to the new Charity and Company. i.e. the cjjrrent UCISA also refeThed to as CCLG (Charitable Company Limitèd by Guarantee). Finally, the Charitable Trust was dissolved in Juty 2017. UCISA operatgs under the temis laid out in the Artides of Assoaation which are available trom the Companies House website Ihttps'.Ilbets.companieshouse.gov.uklcompany1093498041rilih1StOry). UCISA has four categories of mernbership: Full membets - universities. coleges and other educational institutrjns". Affiliate member5 any ganisa.0 that is a separate le9al entity {w part of one) lo its host institution. other educational, rK)t for profft cganiSat$. Corporate member5- cJJmmeru organi%atK)ns: Individual members - available to those who havè worked in th6 sector and who wish to retsin a connection with UCISA and its membership and is at the sole discretion of the Board of Trustees. Sndividual membership is not available lo employees of organisations that might otheise be UCISA Corp<*ate members.
Univ•rsilies and Colleges lnfor1rtIoTr Systsms As$o¢iation. Trustees. Annual Report {continued) for th• financial year end8d on 31 Decemb•r 2021 Structure. govem•n¢e and management {¢ontinued) Under the temis of the Artides of Associalion of Ihe CCLG. each Full member inslrtution is entilled to a single vole at General Meetings. Affiliate. Corporate and Individual members may attend and speak at General Meetings but shall not have the right lo vote. Trustees are elected at the Annual General Meeting of the Association.. under the temis of the Artth ofAssouation. UCISA is comprised of two enlrties. a Charilable Company Limited by Guarantee. UCISA. and its wholly owned trading sub*"diary. UCISA Services Limited. UCISA was granted eharitable ststus on 9 April 2016. Since 2018 governance is carried ¢yJt by the UCISA Board of Trustees. vthich has responsibility for strate9i¢ development. and corporate and finanrial cwnpliance. arKI the Leadership Council which is the focal point for membership engagement and management of the delivery of Te50urces and publItK)n5. The Articles stale (section 5.61 that no person shall be a trustee for more than eKJht e4JnsecutNe years, except in exceptional circumstances where such extension is authorised by a majority of 7str of Members attending and enlilled to vole al an AGM. This allows the Association to plan succession for the officer positions, atthough Ihe Articles allow for any representative of a full member instilution to stand for a posit¢on of office al an Annual General Meeting. The Asso¢iaty)n is ¢(mitted to offering training to its trustees. AJI Trustees receive a copy ol The Essential Trnsteo and commil to readiro it Several trustees have attended the al every tiustee should know course and one Trustee has prev¢cMJsty cornpleted the Institute of Directors diploma. All trustees have undertaken Health and Safety Training as part a review of all Heamh and Safety Poh'cies conducted this financial year. Further training lor all tnjstees wiu take place after the 2022 AGM. UCISA'S work is largely carried out by ¥dunteeTS from the unNerSitS and colleges sector. This Work is supported by the UCISA Office team. Object•ve$ and activities for the public benefft The objective of UCISA is to prOrlte and advance education for the public benefit in infomiation systems and digitsl technologies arKI their use in education and research, wimarity in Unrted Kirodom universities and colleges. The UCISA five- year Str8tegic Plan 2018-2022. set to re$r1 to feedbad¢ receivad following a fomial survey of membership to assess UCISA'S value lo its membwship. fests on four key lIar$.. To be the expert vtyce n the use of di(Jitsl techncAogies in educalw To grow membership 8nd engagement To offer lurther membership benefrts To optimise the organisakn.on lo supwt effective $trate9y delivery These 8ims have been fulfilled in the ac¢ounling period as folk)ws'. Delivery of a comprehensive programme of 72 on-line conferences. webinars. peer-to peer continuing professional development sesSn$. aTrJ rourKI table events tovering a broad range of top to address strategic challenges facing the education sector. Al events reflect our aim lo Connect our members, Share best praclKe and Transform our communities of practice. enabling efficiencies and effèctiveness for the greater good of the sector. Creation of a bank of webinar iecordings to alkyAT members to access deve1oprrrt training at a tirne and pace to suit their indivKlual circumslances. Representstion wtyk Supplie to the Sector. indudirKJ the forrnation of 7wtrking parties 8nd representative groups to facilitste and further Ihis work. Supporting SFecial Interest Groups {SIGs)and Communrties of Practts to reflect Ihe breadth of activity and specialisms within IT in HE and FE. During the finarKial year a rW Security SIG wa5 formed to promote and facilitate best Pract al a time of increased cyber threat and new Cops were formed to support out User Experignce IVX) mUnIty and Ihxe interested in impthenting the Business To¢hnolo9y Slandard.
Univ•rsitits and Colleges Inforniation Systems Asrociation Trnstees. Annual Report {continuedl for the financial y•ar •nd•d on 31 D•c•fflb•r 2021 Obje¢tiv•$ and a¢tivitio$ for the publi¢ b•n•fft {¢ontlny¢dl Thought leadership activtty through Directors. Cul briefings. Sludy Tours. CIO paneb and the instigation of open members. meetings to discuss key ujrrent issues arising. Horizon nnIng by identifying and stimulaling debote on emerging UK and Global trends. The provision of TocAkits. Guides. Templates and Resources for members to build understanding and diive efficiencies. Conducting a regular pr0grarrne ol surveys. alkwin9 our members to benchmark Ihemsetves against their peers and against national trends aTrJ facilitating ad hoc survey actwity to meet membership needs idenlrfied in year. Facilitatirvj peer to peer and institutKJn to institution cdlaboration for our rrembers. Maintsining strong relationships and collaborations with equivalent overseas organisations. In the financial year Memoran¢Ja of Untlerslandin9 were sr9ned with Our Counterpart organisations in Australia an& New Zealand (CAUDITI and Europe {EUNIS) Maintaining strong relationships and collatK)ral1o ¥th equivalent UK ¢xganisatics representing Libraries, Estates. Finance. HR. Learning and Teaching. functions in HE 8fMI FE. Collaborating with and supporting the work of sector bodies and agenaes suth 8$ Jisc, HESA. UUK, UCAS. Advance HE.. contributirvj lo Programme Boards. Advisory Board5, syorking parties. responses lo govemmenl and consultations. ProvKling survey data and sector infomiatK)n to infonn aThl support policy making. Drafbng responses lo govemmenl papers and ¢(sU10n$ ¢)n behalf of the IT ¢oNwmunity in our sedor Commenting on Legislative change {bolh contemplated and implemenledl and edating members to ensure understsnding arKI promote & support compliance. The trustees have CoMled wth their duty lo have due regard to the guidan on publi¢ bènefit published by thè Charity CoMmissn in exercisiw their powers or duties. Achievements and perfomi•n¢e UCISA continues lo be a thriving organisation arwj has delivered the Changes an¢J amtiOnS set out in its five- ygar Strategi¢ plan 2018-2022. The status of a Charilable Company Limited by Guarantee has grven UCISA th8 ability to idenlfy and purchase resourcas on behalf of its membership. As ouuined above. the tnJst88s have sought to invest in wojects to d8liver quality collatefal to its membership aTrJ activities that meet rnbe[s needs in a challenging and ever<han9ing sector environment. The Trustees continue to invest in proiects and resources lo ensure that the organisats.on is fft for purpose, Is able to continue to achieve its charitable objectNes and to provide value to members. Our decision to move fulty orTne until Marth 2022 was a catslyst for our ambibous prwamme of events, which saw us deliver 72 events in the financial year reaching over 7.500 Teg15tered delegates, showcasing Inspirational thinking. best practice and championirwJ new ways to deliver in an everchanging landscape. Our representation work increased exFonentialty as the year progressed as UCISA continued to support ir15titutional mernber5 in facing the many and varied challenges that emerged. Our w(Kk wth suppliers this year focus5ed on ensuring service levels remained fit for pUse and delwered value for money. challenged pradices that 8dver5ety impacted our sector at a time of huge financial PSSure and ensured that appropriate starKlards of seujrity were beirg met and maintsined. Our special Interest groups . Mvrking pwties and collabcfations with sector partners enabled our members to continue to netsvork despite Iperiods of Icdown and mandatory working form home. ensuring we conlinued lo achteve our misson to connect digital tKofessw)nals. enable them to share tst practice and so transfonn . Tha Trustees would like to recoid their thanks to all of our Sp8ckal Interest Groups. their Chairs and cornmitteas and to th8 chairs and members of our various working parties and representation groups for their dedication and commitment throughout 2020 and 2021. navigating a difficult pandemic period with creativity, agility and dedication and ensuring that we cx%)linued to offer our full range of annual conferen, events and representative activity wholly on-line.
Unlverslues and Colleg¢$ Infomwtl¢)n Systsm$ A$SlatIon Trnstees. Annual Report l¢ontinued) for the financial year ended on 31 De¢embew 2021 Achievements and p•rformanc• {continu•d) The Trustees are e3$ed to report that UCISA maintained full business and servu continuity during this period of significant thange and woukl like to re¢d thew thats lo the UCISA slaff team for their hard work and dedication in bringing this about. Financial perforniance The free reserves available to UCISA are £1.900.624 as at 31 December 2021. The Reserves Pokcy is stated at the Annual General Meeting (AGMI as pwt of the discuss)n of the annual accounts and we continue to maintain sUffent reserves to meet UCISA'S strategic ambitions and liabilities. This year has segn development and KnF4gmentation of our strategi¢ plan for 2022 to 2027 building on the transformation activity alreaty achieved. The Board is committed to underpinning the strategic plan by investing significant reserves over the next 5 years. The investments will indude infrastrudure, personnel and services that ensure we are able to maximise membership value and continue to deliver a rich porttolio of high4Juality events. Financial reporting has again been further enhan¢ed to ensure the Board is able to make informed decisions and react to any changing enwronmental factors. The membership renewal process has been further refned for 2022. delNering synrfunt cash reserves al year end because of early payments into the year. Debtors also higher at year end as the deadline for subs¢ripb"on renewals was sel fimty as January 14th 2021. with invoirEs being raised eadier as a result. At the AGM the Board presented a balaneed budget for 2021 that was approved. We continued lo be agile In ¢JJr delivery of events due lo Covid-19 and secured increased sponsorship income to take account of dgliverfng onty virtLJal events. All Contrac•1 obligakn.ons for planned in person events continued to be negotiated lo zewo Cost. Balanced budgets proposed fty 2022 and 2023 ts)ntirrtJe lo ensure that the Core operating costs a covered by membership and event income. whilst maintaining suffi¢ienl reseNes lo invest in our strategic ambitions and mrtigate knovm risks. In 2022 we will fvlty rrK)ve to a 'hybrid' mlxlel of events that will test fully our financial projecti$. The Trustees have assessed the risks and current lialItIeS and regard it as prudent to have hehj a sum in reserves against the cost of operating the associalion for a period ol approximately 12 months without income and lo be able io Wthstand uninsured or uninsurable financAal losses assouated with the failure of a major conference event. The Trustees continue to review the ve1 of reserves, the period of trading that is appropriate lo ensure il is wopNtionate to the risks and stralegic investments required. Fundral$Sng UCISA'S funds a 9enerate<l fr¢yn Membehp income and surpluses from charitable aclivities. The Charity does not raise fvnds from the public. Future plans The objective of UCISA remains: to promote and advance edu¢alion for public bef1 in information systems and ¢Jigilal technologies and their use in educats.on and research and no other purposes. UCISA was proud to launch 8uilding on Success- Strategic Plan 2022 to 2027 at the beginnwu of 2022 seltin9 out wr clear ambition for the next fve year5. building on the 501id foundations laid through delivery of the prevw strategy.
un1vors1$ and Colleges Inforn)alion Systems Assoclatlon Trustees, Annual Report (continued) for th• financial year ended on 31 Dec¢Mr 2021 Future plans (continued) UCISA'S mission, to Connect. Share and Transfomi remains uhanged. Wo havg h¢)wgver set three new goals for the next five years.. To repr•s•nt Ihe dtgitsl communty in the Education Sector with authenticity and authority. To hamess the power of our collective voice by expandirvj Ihe breadth and depth of erKJagement with UCISA To enable the professional d1011 of KKINiLluals and erthance the cdlective expertise of our cormiunity. Each of our speual interest groups have fornvard plans to SUPFrfXt delNery against these goals. 2022 heralds the introductton of our new events model. delivering the full programme of face40 face nferences and events that our membets value. aloThJside a Nrybrant monthty online Fyogramme. Our aim is always to deliver quality events. wlh impactful content and pwsue a pdicy of fSntling quallty speakers. Our hybrid pwramme will be no drfferent in this regard. Our full and vibrant programme of live COnferenS Nvill continue to be the backbone of our activities, playing a fvndamentsl part in deltvery against our strategic an= Connecting our memters through their shared inleresl in the topics they cover and the neorkIng opportunities they afford. Sharing best pra¢li¢e and thought leadership lo provide the Inspirat and instght needed to Transfonn our pWti. Vve will host a Strategic Planning Day in July bringiThJ Trustees and members of Leadership Council together to assess the progress made towards achiewng the goals of the strategic plan in the first six months, lo ensure we have set the right prTrorities for ihe year and lo sel the pritIeS for 2023. This annual evenl will ensure that we monitor progress effectively throughout the lifespan of the slrategy. can remew and evaluate priorities to adapt to any changing needs thal emerge. ensure strong alignment of activits.es and drive strong and effective govemance. Hamessing the colleclive strewth of our 1nembeip voice. we wll Provide the IT and digital praditioners in the UK Education sector with the tools to be kaders in dlts1 transfomiation antl IT developments. In this way we bdieve that UCISA wil continue to meet ils charitable (ty'ecl to promote and advance edu¢ation for the Wb1 benefit in information systems and digital technologies and their Ltse in education and resear¢h.
Unlversltles and Colleges Inforn)a¢lon System$ Assoclatlon Trustees. Annual Report {¢ontinued) for the financial year ended on 31 Dember 2021 Trust••s' r•sponslbllitl•s stat•m•nt The trustges (who are also direclors of the UnNerS"e$ an¢J Colleges Infom)ation Systems Association for the purw)ses of Company lawl are sponsible for preparirrfJ the Trustees. Annual Report and the financial ststemenls in accordance wrth applble law and Unrted lQ"nothJm Accounting Stsndards (United lQngdom Generally Accepted Aceounting Practice). Company law requires the trustees to pare financial ststements for each financial year. which give a true and fair view of the state of affai of the charitable company and of the incoming resources and application of resources. including the income and expendrture, of the charitsble company for that period. In pparIng these financial stalerrnts. the truslees a required to: sde¢t surtable accounting policS arKI then apply them consistenty.. observe the melhods and prinaples in the Charities SORP 2019 {FRS 102). make judgements and estimates that are reasonable and prudent". slate whether applicable UK Acu)unling Standards have been followed, subject lo any material departures disdosed and expkAined in the financial statements.. prepare the financial 5talemen15 on Ihe going concem basi5 unless is inapprowiale to presume that the thantable (y)nwany wll conts.nue in operat)n. The trustees afe $K)nSible for keeping adequate accounts.ng records that disclose with reasonable accuracy * any time the financial position of the charitsble company and enable them to ensure that the financial statemenis comply with the Companies A¢t 2006. They are also responsibltr for safeguarding Ihe assets of the charitsble wnpany and hence ftv tskwvj reasonable steps fty the pre¥entK)n arKI delectKJn of fraud and ¢)ther irregularilw. In so far as the trustees are awa. there is no relevant audrl infom)ation of which the charitsble compan$ auditor is unaware." and the trustees have taken all steps that they ¢JJght lo have tsken to make themselves aware of any relevant audit infom7atb)n and to &stsbli$h that the auditrx is aware of thal infomiation. The trustees are responsibl8 for Ihe mainlenance and integrity of the cwrate and financial information included on tho ¢haritsble company's website. Legislation in the Untled Kingdom governing tho preparation and disseminal*)n of financial statements may differ from legislation in othgr jurisdlctions. This report has been prepared having taken advantage of Ihe small companies. exempth?n in the Companies Act 2006. Signature and declaratlon I dedare. in my capaoty of charity Irustee. thaL the trustees have approved Ihe above repryt: and have authorised me to sign it ¢)n their behalf. . Dean Phillips- Treasur Signed on behaw of the trustees on 21st April 2022
UnSvwsltS9$ and Collegos Informatlon System$ Assoclatlon Independent Auditorfs Report to the Members of Universlties and Colleges Infonnation Systems Association OpSnlon We hav? audited the ffinarKial ststements of Vniversties and Coles Information Systems A5souatth (the 'parent charitable ¢ompany'l and its svbsKliaries (the 'group'l lor the year ended 31 December 2021 which comprise Ihe grP slalement of financwl acbvits"es. the group and parent charity balance sheets. Ihe group cash fi(w Statement and Ihg lated notes. in¢ludiThJ a summary of sKJnificant a¢¢tyJnting pOle$. The finaneial repoiting framework that has been applied in their pparation is applitaue law United Kingthn Acc(yJnting Standards. induding Finanual Reporting Standard 102 The Financial Reporting StaThanl applicaL¥8 in Ihe UK and Republic of Ir8land Iuniled lQffjdom Genernlly Accepled Aco)unb"ng Practice). In ouropinv)n ihe finanaal statements.. gwe a Iwe and fair wew ol the stste ol Ihe grwp's and pwent chJil2Lle corn5 affairs as * 31 D8cernber 2021. and of the growJ'$ irKomiry r¢sOW and aFf4ication of re9)w. inthdry its income and 8XFrtUre. for th8 year then ended., have been property wpared in aCt0rdan wAth Uniied IthWm Gerwafy Acwjted Actryjnbng Practice.. and havo been prepared in accordance with the tequirements of the CpanIeS Ac¢ 2006 and the Charibes Act 2011. 8a$ls for oplnlon We conducted our audii n accordance with Intemath?nal Standard5 on Au'ng IUKI IISAS IUKII and aPicable law. r responsibilitie5 under Ihose standards are further descnljed in the Auditorfs respOnshl11b'eS for the audit of Ihe ffinancial ststements se¢bon of our repcL We a independent of the group a1 partt chantsble company in rd8Th wlh Ihe ethi1 requirements that a relevant to cKJr audil of the financd stalements in the UK. inc4uding the FRC'S Ethiul Stsndard, and we have fulfilled our other elhical tesrx)nsily"lths in acCrydar with these requ1rnents. We believ¢ that the alit we have otrAain&J is suffiu.ent and appr(¢Thte to wovth a basis our opir•on. Con¢lusi¢ns relatirt9 to going ¢onum In auditing the financial slatements. we have conduded trt the trustees. use of Ihe gc¥ng corttm basis of a¢xounting in the pparatM of Ihe fina1 statelts is appopriate. Based on the work we have perf, we have identified any materid uncerlaIne5 relating to evenis or condition5 that, individualty or tt41ects'vety. rnay cast slgnrfant dbt on the grryjp aTrJ parent chantat4e Compan$ ablity 10 ecrfltinue as a going eoncem for a pericJ of at least from when Ihe finaal statements are aLthorised for issue. Our r8sponsit4'1iti8s and fesponsbi fities of Ihe trustees ilh respe¢t k) mig in Ihg rdgvanl seetJns of this report. Other information The other infornal)n ccynwises the infrmation induded in the Irustees annual rekX)rl. other than the financial statements and our aLxlitorfs report thewn. The Irustees a reSpolI)le lor Ihe dher inf0Mts.0n wttsined within the annual report. r opinion Ihe financial stsiemenls ¢(es rt ¢over Ihe other infomiabon and. except to the extent otherwise expliritiy $ta18d in our repJrL we (lo not express any form of assurarKe ¢dUS1 Ihereon. Our responsibilty is to road th¢ olher infonnation and. sn doiry so. (x)nsthr whether Ihe other inf%ymaliM is materialty inCTr)StenI th the finanaal statements our knowledge obtaineil in the o)urse of audit or (herwise appears to be mateftany misslated. If we identify su¢h material in¢on$i$ten¢ie$ or awarenl materiJ misststements. we are required to tletemiine whether this 9Ne$ rise to material rnisslaternen¢ in the finarKial statements theefves. If. based on Ihe we have perknned, ldde thal there 1$ a material misstatement of this other inlom)atw)n. we are required to rewt that fact. We have nothing to re1 in thi5 T8gard. Oplnlvns on olher matters prescrlbed by the Companles Act 2006 In our tspinion, based on the work Lmdertak8n in course ofthe audl. the information given in the trustees. rerAIrt lincgjrrmkng the direcfors. rep) ft¢ Ihe fi1#1 year forvthkh thè fina81 ststernenls ar¢ prepared is rtslent wlh the finanrial statgrrwls,. and the threctors, report has bw prepared in accCe ith appwe legJ requiremwts. Matters on whl¢h w ar rquird to r•port by XptiOn In the light ol our knowledge and undwstanding of group and parent chartable c4)mpany and ts environment obtained in the ¢wrse of the auill we have N)t bjenimea rnatefl MI551avIl iti rJiiwA(ws' repo We have nothing to wort in SpeCt of the mattets in rdabon to the Companies Aet 2006 and the Charititrs Act 2011 requires us to reF4Jrt to rf. in our ownwx.. atlequate and suffiaent 3ccounbft9 reco5 have not been ketrt by the pawt thaiitable company, or retums at1equate lor tyJr aLvJit have been re¢eNed freffj brand)es not ted by us.. Ihe parent charitthe wmpanls finalKI statem8nts are Thjt in agreernent *ith th8 acDJuntiThJ record5 r8tums.' or Certain disdosure5 oldireciors. remun8rath SFegffied by arg not made; or have rvbved all Ihe and ex¥lanalb)ns we forow audil., or
Universitles and Colleg•$ Infomiallon Sy$twn$ As$oclaUon Independent Auditorfs Report to the Membews of Unlversltles and College$ Inf¢)rnwtion Systems Assoclation (continued) the lrnstee$ We not entided to wepare Ihe fina[181 statements in xcordance Ihe small companies. regirne and take advantage of Ihe small cixmpantes. exempb.ons in preparirfj the (lirerAor5' report and from ihe r8quir8m8nt to prepare a 5trdtegK reForL R•5pons4bilities of trustees As 8xplained more fvlly in th? tnffjt¢es' re$WnslitIes slatemenl sgt pag8 7, the Intsl8e5 are also t direclofs of the th8ritable compary for the wrposes of company are pOnble f¢y the preparation of the finaneial ststernents and lor being saiisfd Ihat they gr¥e a true and laii wiew. and fof such intemal contrd as the twstees detemine is necessary to enab Ihe preparation of finarKial 5taiements Ihat are free from rnat8rial misstatement. whether due to fraud error. In preparing the nalI ststements. tre tntstees a reswmsknle for assessing the group's and parent tharitable ccffipany's abllity to n"nue as a goirYJ corKem. disdoswwJ. as applicaue. matters reLated to gotng o)rrrTh and using th going contem basis of acC¢yJn'n9 lesS the Irusiees tilher uitend to Ihwidate the or the paTht charitstjle company or lo cease operations, orhave no realistic allemaiwe L¥Jl lo do so. Auditorf$ responsibilities forlhe ¥udi¢ of the fiTran¢io1 $tateme Wg have t)een appointed audilor under the Compar&es Act Secti 1S1 of Ihe Chwibe5 Act 2011 rep)rt in accordan wth Ihose Acts. Our ¢)bjectives ar8 to obtain reasonat4e assurance abjut whther the financi slatements as a a free from material misStatenl. whelher due to Traud or eThDr. and to issue an auditorfs port thai includes our opinion. Reas¢)nable a5suraiKe 15 a huh lev81 of assurance, tyjt not a guarJntee thal aTL awjil condLted in acix)rdan¢e bwlh ISAS IUKI will ahlays deteet a material rni551aterneni when it exists. Mis5tstements can artse ITOM fraud or error and are ¢SIdered rnaterial if. individu31ty or in lh8 aggregale. Ihey coukj asOnY b8 expected to inllugrKe the ocwJnc¥))ic e510n5 of users taken on the bas5 ofthese finaal ststements. Irregularities, inthdirwj fraud, are inslar5 of ncrtrcrffiF4ke law5 a1 regLlalJns. We 9 procedures in line with our responsibilities. oulined atK)ve. to detect material misslatements in respect of irregulaiiti85. induding Iraud. The spe¢ifi¢ w0¢edu$ for thi$ er¥Ja9efil aThJ the extent to thh Ihese a pae ol detecting irregulaiities, induding fraud is detailed below.. Enquiry of management and those charged with gMmaTKe arrAmd &lual and potenlial li.¢ and ckims: Reviewro minules of rneebngs Of1)se tharged with g0veMan., RevIen9 financial stalemenl di$dosu and teslry to suprpxbrs dctumenlaticffi to assess compk'ance aPp&Ie laws and wulati5.. Perforrning audit work over Ihe risk of management override of controls, I[Uding lestiry of joumal entries aTh other adjustrnents for apwcgriateness, evaluating the bUnesS rationale ol svJnificanl transactson5 OUt5wJe th nonnal course of business aTrJ reviwng accountirg estimates for bbas. Because of the inherent lirnitalions of an itwe is a rk that wdl not det8cI all irregularitie5. induding those leadirvj to a material misslatement in the finwl staieftEnts or nM-Cnpkn.are wth regulation. This risk increases Ihe more that compliance wth a Iw•4 CK 9atr.0 moVe{l Ihe events transaclions refiected th8 financial ststernents. as we VAII be kss likefy lo become 8wawe of instancs of norrfomrAN8rtt. The risk 15 also grealer regardirJ irwularities o¢rurring due to fraud ralher than erw, as fraud invc4ves intenti(1 concealrnent, forgery, collusion. onNssion or misrepSentrtI(. A furthtsr des¢riplth of our resp(sibl1rts foi the audit of Ihe ffinanCI stsitments is knrated on Ihe Financlal RepOrr Couneil's website at.. *i..Uk1a1¥jI1o8¥rthhlies. This de5UVtth foms part ofour audttorfs wort. Use of our report Thi5 report is rnade 5c4ety to the ch81ilab18 Cl.5 [rmberS. a5 a tojy. in xcordance wlith Chapter 3 of Part 16 ofthè Compan$ Art 20 and to Ihe dritse g)mpanrf$ trustees. as a ldy, in awydarrR wlh Part 4 of Ihe Charities IAco)unts and ReFx)rtsl regulan$ 2008. (Xjr audit myk has been Undertak so Ihat m¢ght state to the tharitable company's members and tls Injslees those rna¢lers we are required lo state to them in an audiorfs port and for otr purpose. To the fillest extent pemiitted bv law. we do rM)t ax¢pl or assume respS"11ty to anyone other thAn Ihft charitable company and the charitae canpanys tru5tee5 as a tojy. for our audii wuk, lor thi5 rem or for th8 0)n$ we have formed. Anthony Hain•$ BS¢ FCA {S•nior Ststutory Auditor) For and on behall tsf Wenn Townsend. Chartewod Accourtants. SLitsrtory Audiior Oxlord 2151 April 2022
¢)Trso15dat¢d siatemertolFlnah¢¢èlAetivli•S Iln¢ludkng In¢owartO expenditurt ¢eOunt) lorthe yearended 31 Decernber 2Q21 Tolal Funds 2020 Funds Fuhd 2021 Funth 2021 Funds 2020 Fund 2Q2D Oth•rtradkng a¢tMUe Membership Sub5ryb¥ ¢tabl0 acts1 Events èxhibthons and charitabfUdrdfrrfj 717.162 717.162 8.744 678.744 219.ts) 219.830 248.679 248.6T9 349 712 349 712 6293 6.293 Total Income 938.OS3 933.716 933.716 Expenditure". Ralslng funds cost of raisiry Chadiabl• 4etfvltlts Events. exhitrxbon siK)Iscthy Prqects aré surv PublIty andward charitabdonatiOns so4.5 564.845 498.833 154.084 21.671 154.( 21.871 13.680 21Z.925 20.352 8.666 212.925 20.352 23.086 13.680 14.4C•J 740.WY) 13.6UO 754.480 740.716 755.176 corpoMi¢TaX (du• 1th1dlryrnpY1 Tdtsi •xwndMuV• 740.th) 13. 7Y.480 740.776 14.4 755,176 Nel mowrneffl In funds Rewn¢Sllall•n of lund•: Totd fund¥ bfowMloThY8 15 197253 113.680} 183.573 192.940 114.4W} 178.540 1.766.357 666.311 2.432. 1.513.417 680.711 2.254.128 Tol¥1 fvnd%c¥rried forwar 1.W.610 652.631 2.616.241 1.766.357 6e6.311 2,432.688 All Incomeandexpendrtu cknefrim cothiwg lrI5. The nSCI1date4 Sta1 OfFinanctrI1lIeS irKbJdes 1 gaia kn5ses rw•5edkntytheJw.
Unlverslll•s and Colleges Infommllon Sy$t¢ms A$SlatIon Con501idated Balan¢e Sheet as at 31 December 2021 Group 2021 Charlty 2021 Group 2020 Charity 2020 Notes Fixed Assets Tangible Fixed A8sets Intangible Fixed Assets . 3,254 3.254 36.000 2.584 54.000 2.584 54.000 10 39.254 39.254 56,584 56.584 Current Assets Investments Debtors Cash al bank arKI in hand 11 12 2.062.090 289.261 1,481.093 2.062.190 636.057 641.419 2.061,845 380.401 895.462 2.061,945 537.537 365.423 Total Current Assets 3.832.444 3.339.666 3.337.708 2.964,905 Creditors- amounts falling duo Within one year 13 (1,255,4S71 (825.6651 1641.2711 {604.626} Net Current A$$ets 2.576,987 2,514,001 2.6%,437 2.360,279 Creditors: amounts falling due after more than one year 13 1320,3531 Net a$$ets 2,616.241 2,553.255 2.432.668 2.416,863 Funds: Unrestricted lunds Restricted funds Non<haritable trading funds 1.9)0.624 652.631 62.986 1.900,624 652.631 1.750.552 666.311 15.805 1.750.S52 666,311 Total funds 15 2,616.241 2.553.255 2.432.668 2.416.863 The financial Stslemenls have been prepared n a¢cordarKe Vllth thè provisions •ple5ble to comparoes subje¢l lo the small Cnpans. regime. These accounts were approved and authorised by the Board on 21st April 2022 Dèan Phillips Treasuror The notes pages 12 to 22 forni an Inlegral part of th¢se Ilnan¢lal stat¢ments 10
Unlverslties and Colleg•s Infomiatlon Systems Association Consolldated Staternent of Cash Fl¢>ws for the year ended 31st Oecember 2021 Note 2021 2020 Net cash fl4>w from operating acti¥iti•s 17 587.694 769,189 Cash flow from Investing acllvltles Purchase of tangible fixed assets Interest received {2,1671 349 (3.226) 6.293 Net cash flow from investing acllvltles 11.8181 3.067 Not In¢r•a$o In ¢a$h and cash equival•nts 585.876 772.256 Cash and ¢a$h •qulval•nts at 1st January 2.957.307 2.185,051 Cash and ¢ash •qulval•nts at 31st December 3,543.183 2.957,307 Cash and Cash •quivalents ¢onsl$l of: Cash at bank and in hand Short temi deposits 1.481.093 2,062.09) 895.462 2,061.84S Cash and cash eqUlVants at 31st December 3.543.183 2,957.307 Th• notes on pages 12 to 22 fomi an Inlegr41 part of these financial statements. 11
Unlv¢rsltl•s and Colleges IDforniatlon Systems Assoclatlon Notes to the Financial Stalements for the year ended 31 December 2021 AccountlThg policl•s Basis of preparation The charity n$tuteS a public benefit entity as defird by FRS 102. The finanaal slalements have been prepared in accordance wtth: Accounting and Reports'ng by Chantw: Stateffmt of Recommended Practice applicable to ch8ribes pparing their a¢c(LJnts in accordance with the Finar(ial Reporting Standard applicable in the UK and Republic of Iraft tssued in October 2019-, The Financial RetIng StarKlard applicable in the United Kingdom and Republic of Ireland {FRS 1021- The Charities Act2011: The Companres Act 2006.. and UK Generally AePted ACting Practice. The financial slalements are prepared on a going concem basis under the historical cosl convention, modified to include certain items at fair value. The financial statements are PrePad in steding which 15 the functional currency of the charity. The signifKant accountirwJ 1CleS applied in Ihe preparatN)n of these financial slatemenls are set out bdow. These policies have been con5i5tenty applied to all years wesenled unjess otheise ststed. 1.2 Ineomè All income Is indutjed Mi the SOFA when the ¢harity is legally entilled to the irKome and the amount can be measured liablY and it 15 probable that the income wll be received. Membership subscripb"orts, exduding VAT, are included in the SOFA in the year to which Ihey relate. Inme from charges made for oryanising conferences, Semina and workshops represents the value of services provided dullng the year. exduding VAT. Interest on funds hdd on deF)Sit is induded vthen receivabte. Exp•nditur• AJI expetvjrture is accounted for on an accruals basis. aTrJ is alhxated to tharitable expenditure. publicity expenses. awards. supwl costs and govemance costs as folk)ws". Costs wholty incurred on activibes falling within each category are charged direcuy lo the category. Costs involwng mcfe Ihan one category are apportioned in accyjrdance wth reasonable estimates. Liabilities are rewnised as reswrces expended as soon as there is a legal or Cnstructive obligation committsng the Charity to the expenditure. which is quanbfiabl8. Tanglbk •ss•ts Tangible assets a ststed at cost {or deeffd costl loss Mulated depreciation and accumulated imp8imnl losses. Cost includes costs dirKUy attit>utsble lo making the asset capable of operating as intended. Depreciation is provided on all tangible assets. at rates calculated to write off the cost, less estimated residua value. of each asset on a systerna basis over its expected useful life as fdlows: Computer Equiprrwl Office Equipment 33.33% straight line 33.33% straight line 12
Unlversltles and CoNege$ InfornHtk)n Systems A$$o¢latlon Notes to the Financial Ststements foi the year ended 31 December 2021 ..ntInued A¢¢oun¢ing policies (continued) Intangible assets Intangible assets are amorbsed a stra3ht line basis over thetr useful lives. The useful lives of intangible assets are a$ follows: Intanglble type Comput8r Sore U$Èfvl Ilfe 8 years Reason Assessrynt of period of usg concludad asset is usable Ihrc4Jgh to the end of 2023. DÈbtors Trade and olher debtors a wognised at the seluement amctht due after any trade di$Unt OfIed. Crèdltors Creditofs are recognised where th8 charity has a present obligation resulting from a p8$1 ev8nt that will probatAy resutt in the transfer of fvnds lo a third party a1 the amounl due to setue the obligation can be measured or estimate{1 reliably. c1¢OrS 8r8 nomially recognised at their setdement amount. Investments Investments are stated in Ihe balance sheet at fair value al the balance sheet date. The SOFA includes the net gains aThl losses on revalUatn$ and disr)sals throughoul the year. Cash at bank and in hand Cash at bank and in hand indudes cash and depts. 1.10 Fund accounting General funds are unrestn.cted fiJnd5 which are aVailae for use at the discretion of the Iruslee5 in fvrtherance of the general objectNe5 of tre charity and which have not been designated for other purposes. 1.11 Going ¢oncern The financial stst&ments have been prepared on a going c¢)n¢em basis as the Twstees befieve that no material uncertainties extst The Trustees have ¢Sre the level of'fvThts held and the exFeCted level of incon* and exFenditure fcf 12 rTr)nts from authorising these ffinancial statements. 13
Vnlversltle$ and Colleges Informatlon Systems Association Note$ to the Finan¢ial Ststements for th• year •nded 31 0r 2021 ..contlnLd Income and expendlture resources from charitable a¢tivrties: Events. exhibition and sponsorship Surplusl IDeficlt> 2021 Income Expendlture 2020 UCISA Annua Conferen UCISA Annual conferen rekKJrposed Leadership Programmes Publications Supplier Day Supplier Showcases Corporate Infomation Systems (>rx Digital Capabilities Group Support SerVes Group Managers. Forum Infrastructure Group DEG Nerk Group Security Group London GrouplLMN Cultural Challenges Study Ttyjr Women in Technology HiJack Event Platforrn Management Charge from UCISA 159.250 125.830 125.830 4,333 3,833 18.750 29.000 1.750 18,750 25,250 1,750 3.750 22.143 1.400 9801 12,2601 28.000 13,893) 7,650 30.5C(I 3,1)00 1,0 472 4,890 2,310 110,7991 128,4491 1133,5351 1162,9451 10.799 133.535 Net movement In funds 219.830 154.084 65,746 35.754 Total re$tri¢ted inwne and expenditure induded in the above is £nil12020.' £nil). 14
Univ•rsities and Coll•ges Inforniatlon Syst¢m$ A$SlatIOn Notes to the Flnancial Statements for the y¢ar ended 31 December 2021 ..conlinued Costs of raislng voluntary Income 2021 2020 Administratifm Bank charges IT costs Meeting expenses Public liability insurance Amortisalion and depreck8lic Mentoring Govemance costs {5ee note 6) Salaries Recruitment fees Inlrastructure Transition costs Less recharged to event costs (USL) 42.441 3.315 107.067 17.563 3.936 19.496 50.977 6.057 85.845 4.550 3.317 18.642 39,296 440.366 $40 24.310 40.280 393,804 3,890 36.375 18,041 1162,9451 {133.53S) 564,845 498,833 Totsl restricled expenditure induded in the above is £nil12020.. £nill. Proje¢ts and surveys 2021 2020 LEO info secuity trainir Digiial skills survey TEL survey CISG Annual Survey Survey Soare 210 2.000 8.799 9,000 3,200 5,808 5.962 21.871 20,352 Total restricted expendilure included the above is (2020.. £nill. Publlelty and awards 2021 2020 UCISA bursaries LMN grants Sponsofthp 13.680 14,400 8.666 13,680 23.066 Total restricted expenditure induded in the above is £13.680 (2020: £14.4001. 15
Universities and Colleges Infonnation Systems Associati¢ Notes to the Financ•al Statements lor the year •nded 31 December 2021 ..continued Governance costs 2021 2020 Salary costs Administration Auditor fees.. Audit Other work Meeting expenses Legal and professional fees 15.575 2.129 8.2SO 9.725 925 2.692 11.959 4,400 8.000 11.310 24 4.587 39.296 40.280 staff costs 2021 2020 Wages and salaries Social security costs Pensions Redundancy Temporary staff Reallocated lo transitson costs 385.568 39.540 19,929 324,989 33.275 20.399 30,984 3.616 17.5001 10.904 455.941 405,763 During the year, there was an average of evJht12020: seven) persons employed by UCISA. Ono person recwved total employee benefits {eXdJlng employer pensicm c05ts1 belwèen £120.001 and £130.CW in Ihe year {2020: one petson between £110,001 arml £120.0001. The total 8mount of employee benefits receNed by key management peOnnel is £152,084 {2020: £143.393). Trust••s' r•muneration and reimbursed expenses No remuneration was pa•J to the Trustees during the peri 12020.. £nill. Travelling expenses in connection with conferences. workshops and administration arTr)unting to £107 12020.. £nil} wgro relmbued lo certain committee members durirwj Ihe year. 16
Univ•rsilies and Coll¢g•s Inf0mlI9n Systsms A$slatIon Notes to the Financial Statement$ for the year ended 31 December 2021 ..continved Tanglble fixed assets Computer equlpment equipment Total Co$t as at 1 January 2021 Additrons 2.688 1.586 3,226 2,167 581 Cost at 31 Decerfthr 2021 1,119 4.274 5.393 Deprecration as at 1 January 2021 Charge for the year 45 292 597 1.205 642 1.497 Accumulated depreciation at 31 December 2021 337 1.802 2,139 N8t book value at 31 DeCemr 2021 782 2.472 3.254 Net book value at 31 December 2020 493 2.091 2.584 10. Intangible fixed assets Computer soft¥Yar• Cost as at 1 January 2021 360,000 Cost al 31 December 2021 360.000 Amortisation as at 1 January 2021 Charge for the year 306.000 18.000 Acwmulaled arrM)rtisation at 31 December 2021 324.000 Net book value at 31 December 2021 36,000 Net book value at 31 December 2020 54,000 11. Investments COIF Deposlt Fund Valuation Market value al 1 January 2021 Interest credited during perioKI Transfers out Transfers in 2.C61.845 245 Market value al 31 December 2021 2,062,090 Total- Group 2.062,090 Investment in subsidiary Comp.. UCISA Services Limited 100 Total- Charity 2.062.190 17
Unlvorslll¢$ and Colleg•s InfOrntion Systems Associati¢)n Notes to the Financial Statements for the year ended 31 December 2021 .conlinued 12. Debtor5 Group 2021 Charity 2021 Group 2020 Charity 2020 Due year. Trade debtors Prepayments VAT Inter-company balance 162,925 126,336 136.206 18,804 245,081 135.320 231.411 16.991 481,047 289.135 289.261 636.057 380.401 537.537 13. Cr¢dltors: amounts falling due withln on¢ yoar Charfty 2021 Group 2020 Charity 2020 2021 Trade creditors Accruals Deferred income Other creditors Soaal security and other taxes VAT 40.469 51.346 1.032.802 907 15.605 114.328 40.469 47.321 619.99) )7 15.605 101.373 53.398 38.594 455.893 436 9.145 83.805 46.0 34.694 436.894 436 9.145 77,367 1.255,4S7 825.665 641.271 604,626 Creditors.. amounts falling due after more than one ye•w Group 2021 Charlty 2021 Group 2020 Charity 2020 Deferred inrne 320.353 320.353 Deferred InMe in non-current liabilibes relates to inoyn8 for confergnces delayed until 2022. 18
Unfversllles aDd Colleges Infomwtlon Syslems A$soclation Notes to the Financial Ststements for the year ended 31 December 2021 ..conlinued 14. Deferred Incomo Deferd income comprises membership subsLyiptiS and event income refating to the folloving financial year and omvards. ovements on deferred IrMIe during the year we. Group Charity Brought forward as al 1 January 2021 Amount reaSed to irthming resources Amount deferred in yeai 776.246 (455,894) 712.450 436,894 1436,8941 619.990 Balance carried forwatd as at 31 December 2021 1.032.802 619.99) 15. Analysis of funds Movements In year 1 January 2021 31 December 2021 Unrestricted funds Restricted funds Non-charitable trading fUrS 1.750.552 666.311 15.805 1SO.072 {13,6801 47.181 1,900,624 652.631 62,986 2.432,668 183.573 2.616.241 Movements Asat In yèar 31 Dèeember 2020 1 January 2020 Unrestricted funds Restricted funds NOnritable tradiro fuThJs 1.572.761 680.711 656 177.791 {14.4001 15.149 1.750.552 666.311 15.805 2.254.128 178.540 2.432.668 The non-charitsble tra(1# fvThJs re(Kesent Ihe results of Ihe trading subsidiary ccwnpany. See note 17 for detsils. Restricted funds present funds received undw a want aqreement with London Melropolilan Netyrf( Liniled less expenditu appled under the terms of ttr agreement. 19
Unlv¢rsltles and Colleges Inforn)allon Sys¢•ms As$o¢iatlon Notes to the Financial Statements for tho year ended 310ecember 2021 ..contlnued 16. Analysis of net assets between funds Restricted funds Unrestri¢t•d funds Total 2021 T8ngiNe fixed assets Intangible fixed assets Current assets Current liabilities 3.254 36.000 3.179.813 11,255.4571 3.2S4 36.000 3.832,444 11.255,4571 652.631 652.631 1.963.610 2,616,241 Restricted Unrestricted funds funds Total 2020 T8ngible fixed assets Intangible ffixed assets Current assets Current liabilit 54,000 2.671,397 1961,6241 666.311 3,337,708 1961,6241 666.311 1.766.357 2.432,668 17. Re¢on¢lllallon of n¢t In¢om• to n•1 ¢a$h flow from operatlng actlvltle$ 2021 2020 Nel incomellexpenditwel for year 183.573 178.S40 Interest receivable Amort15ation and dewe¢iation DeCase/(lnCreaseI in debto Decrease in credit(Ks (3491 19.497 91.140 293.833 16.2931 18,642 1174.110) 752,410 Net flow from operating a¢tNibos 587.694 769,189 Related partit$ During the year the Charity undertook the follo4bryng transactions: £4.4 (2020: £nill was spent on consulting from Roecliffe Marketing Ltd. a company of which Simon Bracewell. a nonoxecutive director of uciSA Services Limited. is a d1Ctor. Lreditors include an amount of £4.40012020.' £nil} payable to Roecliffe Marketing Ltd at the end of the period. The Charity entered into a ¢ollaborab"on agreernent IC the free exchange of services HEFESTIS Ltd in August 2021. Sijbsequently the CEO of UCISA, Deborah Green, was aprM)inted to the boarf of HEFESTIS Ltd. The wholly owned trading subsxliary UCISA Services Limited is incc¥porated in the United Kingdom and pays all of its profits lo the charity by Gift Aid. Th8 charity owns the entire share capital of 100 shares of £1 each. 20
Universiti•s and Coll•g•s Information Systems As%Kiation Notes to the Financial Sta¢emènts for the year ended 31 December 2021 ..cA)nlinued 18. Related partle$ (¢on¢lnuedl For the perlod end•d 31 D•e•mbèr 2021 the subsldlary company shad th• foll¢xYlng results: 2021 2020 Tumover Cost of sales 219.830 1154.0831 248.679 1217.674) Gross profit 65.747 31,005 Administrative and overhead costs Interest receivable {5.646) 116.249} 393 Profit for the finanoal year Distribution to the charity 60.165 112.985) 15.149 Profit retained 47.180 15.149 The balance $he•t of th• subsldlary as at 31 De¢ember 2021 wa$: 2021 2020 Current assets.. Oeblors Prepayments Cash at bank Othgr debtors 26.719 107.531 839,674 13.670 118.329 530,039 Cutrent liabilities-. cditOrS Accruals and deferred income other creditors Ch¥ed to UCISA 17.3071 {22.9001 16,4371 {289,1351 {416.836) {12,955) {481,047) Nat cUTnt assets 63,086 336,259 Non-current liabilities Accruals an¢J deferred income {320.3531 Total net assets 63.086 15,906 Aggregate share capital and reseNe$: Share Cats1 Reserves 100 62.986 100 15.806 63,086 15,906 21
Vnlversllles and Colleys Infomiatton Syst•m$ As$o¢iatlon Notes to the Financial Statements fof thg year •ndod 31 D¢¢$mber 2021 ..conlinued 19. Charity statèment of financlal actfvltles The charitS own results are swimarised beltyAt: 2021 2020 Income and end¢)wments from: Other trading activities Membership subscriptions 717.162 678.744 Charitable actsvit Events. exhibitions and swnsorship Charitsble fundraising 13.697 Investments S,1 Grant income T¢tal Income and endowments 731,145 684,645 Total èxpendlture {594.753) 1521,254) Net movement In fvnds 136.392 163,391