Charty règi$tration nurn￿r 1161870
Company registration number 01923559 (England and Wales)
INSTITUTE OF ERGONOMICS & HUMAN FACTORS
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Ms A J Widdowson
Mr B Edwaids
MrlBa
Mr B Kirby
Ms E Ridsdale
Mrs JAAvery
Dr R Bridger
Dr W Gibson
Mr S Harmer
Mr T Lansdown
Ms M Sen Gupta
Mrs L E Sutton
Dr M Young
Mr M Carey
Mr M Thody
Mr R Baby
Ms S E Broadbenl
Mr S J Franklin
Professor M A Sujan
{Appoinled 17April 20231
{Appointed 17April 20231
{Appointed 17April 20231
(Appointed 17April 2023)
(Appointed 17 April 20231
{Appoinled 15 April 20241
(Appointed 15 April 20241
IAppointed 15 April 20241
(Appointed 15 April 20241
(Appointed 15 April 20241
Senlor management
Mr B Peachey {Chief Executive Officer)
Charity number
1161870
Company number
01923559
Rogl$tgrgd office
7 The Courtyard
Wootton Park, Alcester Road
Wootton Wawen
Henley-In-Arden
Warwickshire
B95 6HJ
Audltor
Ormefod Rutter Lirnited
The oakley
Kiddeminster Road
Dro1￿￿ch
Worcestershire
WR9 9AY

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
CONTENTS
Pagg
Trusle9s' report
Independent auditor's report
8-10
Statement of finana31 a¢tiwties
11
Balan¢9 shget
12
Statèmènt of cash flows
13
Notes to the financial statements
14-24

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees piesent Ihelr annual report and finanaal statements lor the year ended 31 December 2023.
The financial slalemenls have been prepared in accordance with the accounting policies Set out in note 1 to the
rinancial statements and compty with Inslilule's Royal Charter, the Charities Act 2011 and "Accounting and
Reporting by Charities.. Statement gf Recommended Practice applicable to charities preparing their accounts fti
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
(effective 1 January 20191.
Objectives and activities
Our objectives are ¢enlred around four external-facing pillars (Members. Loarning, Engagement and Professional
Standards) supported by three inlernal-facing foundations IOp8iations, Digital and Data & Insights}-
The activity outlined for each of the foLtr pillars is linked by four cross-cutting Ihernes.,
Chartèrship- lo enhanc6 thè institute's value and 5UPPOrt our professional network.
SèctOf5 - to expand the human factors profession in key areas
Topi¢$- lo boost membèr impact in relevant discussions
Career pathways- to open access lo the human factors profession and aid carefyr progression
Our purpose, ambition and values arè bU￿t on our tharilable purposes as slated in the in51ilule's Royal Charter..
To piomole learning and advance the education and knowledge in the subject ol. and with regards lo, ergonornics
To promote human wellbeing by increasing the awareness and use of ergonomics knowledge., in the interests of
the 9eneral public benefit
Public b8n8fit
The trustees have paid due regard lo guldance Issued by the Charlty Commission in deeidlng what activities the
¢harty should undertake.

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Achi•v¢m•nts and perfomiance
In 2023. we served the Institute's members and Ihe profession through a full programme of actiwty and continuous
communication, contributing to another su￿esSful year. This report sets out how we have achieved this.
One of our core priorities in 2023 was to get a better understsnding of where we are as an organisalion. Central lo
Ihis was a rnember sutvey that we tsrrfed out In the second half of the year.
The final total survey Invlte population was 1909 with 626 respondents cA)mpleting it - a response rale of 32.8%.
The survey closed with a cornpletion rate of 92°A, showing particularty high engagement and inveslment in those
completing it. 11 revealed details about who our members are. the challenges they are facin9 and how we can make
sure we ara focusing on what matters to them.
One of the most satisfying findings was that CIEHF is regarded poSi￿velY by ￿spondentS. wlth 74QA rating u5 al
loasl four out of five. We revièwed the results with our Iruslee5 at their November 2023 meeling - ovwall. we've
been delighted with the insights that the survey provided, whi151 recognising it does not present a full picture of the
ew5 of the whole m8mbership.
One of the key priorities for our new Chief Executive, was to refresh the organisation's strategy and much of this
Statement reflec15 this important initiative. The results of the survey have been a key input alongside our work lo
improve how we capture and analyse member engagement data, and our work to enhance how we make sens8 of
the extèrnal drivers that impact our work. During the course tsf 2023, thè Chief Executive has worked with a group of
metnbei volunteers led by our Presidènt Elact Mark Young lo develop tho new $lralegi¢ plan that will be presented
to our Coundl ol Trustees in early 2024.
There has also been a lot of othèr work going on behind the scenes. The In51ilule achieved ISO 9001 certification in
May and we are already seeing improvements in efficiency and effectiveness. In parallel, we have a150 undertaken
a financial rnanag¢ment ieview- rnore details on that in the operations report below. Together, these two iniiiatives
are helping us lo piovide better reports for govemance purposes.

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Memb&rs
Our membership nUm￿rS have stayed at around 1.900 for the la515 years or so, with overall member numbers al
1914 al year end la drop from 1967 al the end of 20221. We attract new members bul105e members al roughly the
sarne rate, mainly in our associate and 51udenl categories.
Attracting more people and helping new members on the path to Chartership is a core focus and in 2024, we wlll be
working on demonslraling the value of Chartership so mèmb81s feèl thè bènefit of going through the procèss and
keeping their CPD records up to date.
This will drive a virtuous arclè
thè more ¢hartered members we have, the greater the qualty and quantity of
human factors oulpuls and outcomes we see. Thi5 IS supported by the member survey results that showed that
driving recognititsn of the Val￿ that human factors professionals bring is ol high importance.
Those who rated CIEHF highly in Ihe member survey cited the sense of community, the desirability of nètt¥orking
opportunities, and the qualty of CIEHF communications as key value drivers for their membership.
We curiently have seven Seclor-focused groups (Dèfenee, Healthca￿. Nu¢lear, Autr>motivè, Workplace, Pharma.
Aviation & Aerospacel. Nvo speaal interest groups ISIGI (Al and Digital Heamh. and Children's Ergonomics) and
eight regional groups. 347 mÉtnbers look part in group tneelings duTing the course of the year. In the Survey, three-
quarters of members who have taken part in a group rale Ihern as good and very few rale them a5 being bad. Al the
same lime, 29 /0 of respondents said they were unaware of the groups and events that were available lo them. We
will be encouraging more members lo take advantage of this key member benefit in 2024.
We have a range of digital resour￿$ for members induding print and online versions of our quarterty magazine
'The Ergonomisl,; access lo journals., the 'Communiti&s' discussion forum which is a plattomi for mgmb$rs lo
exchange thought leadership. research, insight and best practice." and a weekly email communication to members
whi¢h ¢onsistenlly achieves open rates of over S0¢/0.
In 2024. we plan to develop actiwties 8nd resour¢ès lo encourage and support exlsling members In upgrading lo
our profes5i0nal mèmbership grades Ilechni¢al, ￿gIStered and fellow). To increase the opportunities for online
netsvorking and knowledge ex¢h8nge, we will be upgrading the current Communilies foTum. lo enable member-Io-
member messaging and the abilty for member5 to create their own discussion group5.
Learnlng
Our investment in learning continues to make a signifieant impact. In 2023, we laurhched three lèarning p*hway
products (rail, construction and eross-S8Ctor} on our website alongside the managed palhw8ys for healthcare and
energy run respectively by our partngrs Loughborough University and The Energy In51ilule. We also continued lo
develop mining and nudear learning pathways with industry partners.
Not only has this investment created a wealth of leaming contenl lo help build the skills of learners in applying
uman factors lethniques. il has also {through the generation of a new income stream) given us the ability lo think
strategically about future investments that can drive the growth of our disupline in sectors where we feel we are
currently under-represented. in line with one of our charitable purposes Yo piomote leaming and advance the
educatlon and knowledge in the subject of. and wlh regard lo. ergonomics.. In 2024. we will focus our efforts on
bringing leamers onto the pathways and 5UPPtsrting them on their learnerjourney.
The Learning Pathways are divided into three levels, beginning with foundational concepts lo ensure everyone can
establish a solid b85e of understanding. Certificates of completion are issued at each level and on completion,
learners receive certification equivalent to an RQF (Regulated Qualrfications Framework) Level S allowing them to
apply ft)r Technical Mernbership of the CIEHF.
The support and guidance offered to leamers Ilhrough mentorship, workshops or fonJms1 ensures they can
continually evolve in their professional journey.
In addition to the pathways, we launched the Discover module {a free 60-minute introdLKtion to human factOTsI and
a range of short courses available to purchase on our website on topics including tssk analysis, assessing human
factors risk and workload assessment.

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Engagement
Social media
Our social media presence is continuing to improve and a ¢onsultsncy w85 hired in the last quarter of the year to
help set objective5, define audienc6s, and select and make the best Use of appropriale plattornis. This new stratogy
is being implemented in 2024 to strengthen the impad of our Social media content.
In 2023, our Linkedln follower number5 continued lo inuease and the target of 7,000 was reachad by year-end. The
posts receiving the most eng8gemenl lend to involve healthcare, accident investigation and 'What is ergonomic5?'
On Twitterlx, the lolal number of followers continued to risè and thè all-importanl engagernenl score increased
during the year. Fol¢Mng evolwng good practice, posts ha￿ changed 50 ir5 easier lor followers lo take up our call-
lo-actions.
Publications
We published a new guidan¢9 document in April. How to carry out hurnan factors assessments of critie21 la$k$'.
Guidancè for COMAH establi5hmenls. It was downloaded almost 1,250 times in the first weèks. In mid-July, we
published a new infographic ¢alled Good Work Design, followin9 a successful webinar on the samè lopi¢. 11 was
downloaded 1292 time$ in 2023.
We updated our Careers Guide which was made availabl@ for download in September 2023 ready for careers
events planned for earfy 2024. We also contiibuled lo UK government inquiry on Prevention in Heahh and Social
Care. Our 750-word submission focussed on two theme5
equity of access lo health and care information, and
analysis of public health signals and intelligence. Furthef work in this area will be undertaken in 2024.
Ev8nts
Our flagship event is oui annual Conferen￿. EHF2023 - held in Kenilworth in April 2023 - was onè of our large51
events ever organised. It in¢luded a Careers day, maslerclasses and a doctorial consortium in addition lo the tnain
confeience programme. There were 319 attendees, 15 exhibitors at the eareers day, and 69 keynole5,
presentations and special sessions. The feedback was excellent with an averag8 ratin9 014.S out of 5 for the overall
experience with the overwhelming rnajority saying they would recommend the conferen¢e to friends and colleagues.
We are also encouraged that EHF2024 will be a great event a$ we ieTrived more paper 5ubmi5sions than ever in
the call for papers in late 2023.
CIEHF also hosted seven webinars in 2023, wth a lo181 of 1184 registration5. In October. a warship design w&binar
with five presenters received 264 registrations, the most of any webinar in 2023.
In the background, we made progress with the planning phase for our 75th anniversary axhibition $¢heduled to lake
place in September 2024 al the Museum of Making in Derby.

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
TRUSTEES, REPORT (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
Financial reviow
Our lolal revenue for 2023 was £1,041,983 which was a significant increase on our 2022 revenue of £680,249 plus
an investment gain of £17,006. As reported above, this step changè is laigely a result of our inve51menl in learning.
Once we have approved Ihe next strategic plan in 2024, the Iruslee5 will identify investment projects using
designated funds lor investment. At the current timè, OUT best assessment is that investing in digital infrastructuie
and expanding our learning programme will be of most benefit in supporting our strategic intent
The royalty income from our two 8ss0cialed journals, 'Ergonomics' and 'Applied Ergonomics, remained healthy in
2023 and is expectod to Continue into 2024. The financial risks identified with Ih8 move lo open-ac¢e$s publishing
have not had a detriment81 impact on oui income to date. but we will continuè lo monitor the situation.
The Executive Committee approved a financial management ￿VIeW al their July meeting and Keegan & Webb were
duty appointed. starting work in September 2023. We have implemented changes in four key areas..
The Chart ofAccounls.'
This has been reformatted lo enable detailed analysis and reporting including new codes for expenditure and
incomè. Importanuy. incomè ¢ode5 have been split into categories that match the product and setvice categories
defined in the Operations Pro¢ess document produced as part of the Institute's ISO 9001 implementslion. The new
stw¢lure for the Chart ofA¢counls is reflected in this set of accounts.
Reporting..
The proposed Profil and Loss report slruciure has boen built within our accounting sofiware tool, Xero. It can be
dynarnically filtered by project andlor sectoi and is the first in a surte of seK-help, on4emand reports. The staff team
can now a￿$5 and run various tracking scenarios over a desired dale range.
Bookkeeping and financial managementproG8ss Nfftprovements..
book-keeping practices have been introduced lo improve efficiency, eflectiveness. and reduce expenditure.
Further improvements are planned for 2024 including a Purchase Order system to bettèr support cash flow
forecasting.
ReseNes polKy.'
The reserves policy ensu￿$ that the In51ilute can continue to deliver on its Charitable purpose and strategic plan in
the event of signffjicanl disruption lo its funding sources. The policy Is designed lo enable the Institute lo function foi
six month period to enable the trustees to refl8¢t on the fvlure viability of the Institute whilst meeting its short-term
commitments.

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure. govèmanc• and management
The Chartered Institute of Ergonomics and Human Factors was established in 1949. 11 was illcoiporaled on 18 June
1985 as a company limited by guarantee, not having share capital.. the cornpany is registered a5 a charity, number
1161870. It is govemed by its Royal Charter.
Our governance and management structure
The Charity is governed by Ihe Board of Trustees. The trustees delegat& the day to day running of the charity to the
CEO- Benjamin Peachey.
Further responsibilities arè as ftsllow5'.
Council is responsible for ensuring CIEHF manages financial resources responsibty and that activities are in line
with our charitable purposes and strategic plan.
The Treasurer 15 responsible lor monitoring the current and future financial position of th& Instilute and raising any
concerns lo the Executive Committee.
The Executive Committee is résponsiblè for assèssing the ¢urrenl and fvlure financial pos11ion of thè In$lilule's risk
register.
The trustees who served during the year and up to the date ol signature of the financial slalemenls were..
MSAJ Wddowson
Mr B Edward5
MrlBa
Mr B Kirby
Ms E Ridsdale
Mrs J AAvery
Dr R Bridger
Dr W Gibson
Mi S Harmer
Mr T Lansdown
Ms M Sen Gupta
Mrs L E Sutton
Dr M Young
Mr M Carey
Mr C Grant
Mr M Thody
Mr R Baby
Ms S E Broadbenl
Mr S J Franklin
Professor M A Sujan
(Appointed 17 April 20231
IApw)Inleil 17 Aprfl 20231
[Ap￿￿￿ted 17 April 20231
IAppointe(117 April 20231
{Appoinled 17 April 20231
{RÈsigned 15April 20241
{Appoinl6d 15 April 20241
{Appoinled 15 April 20241
{Appoinled 15 April 20241
IAppointed 15 April 20241
IAppointed 15 April 20241

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Statèment of truste•s' r•sponslbilltl•s
The trustees are responsible for preparin9 the Trustees, Report and the financlal slalements Sn a¢COrdan￿ with
applicable law and United lfjngdom Accounting Standards (United Kingdom Generally A¢ceplÉd A¢¢ounling
Praelicel.
The law applicable to charities in England and Wales requires the trustees to prepare financial stslernents for each
financial year which glve a true and fair view of the state of affairs of the charty and of the incoming resources and
application of rèsoUr￿S of the charity for that year.
In praparing these financial statements. the truste6s are r8quir6d lo..
select suitable accounting poli¢ies and then apply them consSslendy',
observe the methods and principles in the Charities SORP.,
make judgemènts and eslimales that are reasonable and prudent..
state whethei applicable accounting standards have been followed, subject lo any material departures disclosod
and explained in the financial statements.. and
prepare the financial statamanls on the going ¢oncem basis unless h Is Inapproprlale lo p￿sUm￿ that the charity
will contlnue in operation.
The trustees are responsibk for keeping sufficient accounting records that disclose with reasonable accuracy al any
time the financial position of the charty and enable thern lo ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and Ihe provisions of the trust deed. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevenlion and dele¢lion of Iraud and other irregularities.
Con¢lu$lon
Overall, we have had a very successfvl year supporting members. organisations and allied professionals. We would
like to thank the CIEHF team who work tirelessly to ensurè we achieve what we set out to do.
We also thank those members who volunteered thelr Ilme and effort In many roles - we could not futhl our aims
Ihoul their dedication and ¢ommkTnenL
As we look lo 2024, we celebrate our 75th anniversary and 10 years with a Royal Charter- $pJnificant milestones of
which we are jusbfiabty proud.
The trustees, rgport was approved by the Board ofTru51ees.
ridger
Trustee
Dal8'.
September 12, 2024

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF INSTITUTE OF ERGONOMICS & HUMAN FACTORS
Opinion
We have audited the financlal st8lemenls of Inslilule of Ergonomics & Human Factors Ilhe 'charily'l for the year
ended 31 December 2023 which comprise the 51alemenl of financAal activities, the balance sheet, the slaternent of
cash flows and notes lo the finanrial slalemenls, including significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicabla law arKI United Kingdom Accounting Standards,
including Financial Reporting Standard 102 The Financial Reporting Standartl applicable in the UK and RepublNc of
Ireland (United Kingdorn Generally Accepted Accounting Pra¢ticel.
In our opinion, the finanaal st*emenl5'.
give a true and fair view of the stste of the charity5 affair5 as al 31 December 2023 and of its incoming
reSoUr￿S and application of resources. for the year then ended..
have been properly prepared in accordance with United Kingdom Generalty Accepted A¢¢ounting Practice..
and
have bfyen prepared in accordance with the requirements of the Charities Aet 2011.
Ba$1$ for opinion
We conducted our audit in accordance wrth International Standards on Auditing {UKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities forlhe audit of
thè fAnancial statements section of our rèport. Wè arè indèpendetrt of the ¢harily in aeeordancè with the ethical
requirements that are relevant to our audit of thÈ financial slalemenls in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our olhei ethi￿1 iesponsibilities in accordance with these requiiemenls. We believe
that the audit evidence wè have obtsined is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, w& have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the Iinancial statemen15 15 appropriate.
Based on the work we have perforrned, we have not identified any material uncertainties relating lo events or
conditions that, individually or colledively, may cast significant doubt on the charity's ability to continue as a going
concem for a peiiod of al least ￿e1ve months from when Ihe financial statements are authorised for issue.
Our ￿SponsIbl1111es and the responsibilrties of the trustees with respe(* to going concem are described In the
relevant sèction5 of this report.
Other inforniatlon
The other information comprises the infomi81ion included in the annual report other than the financial statements
and our auditorfs report Ihereon. The ItU51ees are responsible for the other inforrnalion contained within the annual
repori. Our opinion on the financial 51alemenls doe5 nol cover the other information and we do not express any fom)
of assurance conclusion Ihereon. Our responsibility is to read the other inforrnalion and, in doing so, consider
whèther the other information is materially inconsistent with the financial statements or our knowledge obtained in
the course of the audit, or otherwise appears to be materially misststed. If we identify such material inconsistencies
or apparent material misstatements. we are required to detem)ine wh6ther this gives rise to a material misslalement
in the financial statements themselvès. If, based on the work w8 havè performed, wè conclude that there 1$ a
materf81 misstalement of Ihis other infornialion. we are requlred to ￿port th81 fact.
We have nothing to report in thi5 regard.
Mattèrs on vthich we are required to rèport by oxeoptlon
We have nothing lo report in respect of the following matters in relation to which the ChaTlties IAc¢ounls and
Reports) Regulations 2008 require us to report to you if. in our opinion..
the infomialion given in the financAal statemenls is inconsistent in any material respeci with the trusteès,
report.. or
sufficient accounting records have not been kept.. or
the financial statements are not in agreement with the accounting records,. or
we have not racaived all the information and explanations we require for our audit.

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
INDEPENDENT AUDITOR'S REPORT (CONTINUED
TO THE TRUSTEES OF INSTITUTE OF ERGONOMICS & HUMAN FACTORS
Re$ponsibilitle$ of trustse$
As expl8ined more fully in the statement of Iruslees, Tesponsibililies, the tru51ees are responsible lor the preparation
of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as
the trustees detemine is ne¢e55ary lo en8ble the preparation ol financial statements that are free from material
misstatement, whelhei due lo fraud or error. In preparing the financial statements. the trustees are responsible for
assessing the eharity's ability lo continue as a going concem. disclosing, as applicablè, mattèrs relatad lo going
concem and using the going concerrs basis of accountsng unless the trusteès erthei interKI tr) eèase operations, or
have no realistic alternative but to do so.
Auditorfs responslbllltlès for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan￿ with the
Aci and relevant regulations made or having effect Ihereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement. whether due lo fraud or error. and to issue an auditor's report that includes our opinlon.
Reasonable assurance is a high level ol assuran￿ but is not a guarantee that an aLJdil conductéd in accoidance
with ISAS IUKI will always detect 3 material misstatement wh&n il exists. Misstalemenls can arise from fraud or
error and are considered material rf, individually or in the aggregate, they Could reasonably be expected lo inlluence
the economlc decisions of users taken on the basis of these financial slalemenls.
The extent lo which our procedure5 are capable of detecting irtegularilies. induding fraud, is detailed bek)w.
Basgd on our understanding of the charitable company, we identified the prinelpal risks of non-¢omplIan￿ wilh18w5
and regulations including those that have a direct impact on the preparation of the financial staletnenls and the
extent to whith non-cornpliance might have a material effect on the finandal st*emenls. Audit procedures
pèrfortned included discussions with management, review of board meeting minute5, lesling of journals, designing
and performing audit procedures and challenging assumptions and judgernents made by rnanagemenl in relation lo
accounting estimates.
There are inherènt limitations in the audrf( procedures described above. We are less likely to becoTne aware of
instances of non-¢ompliance with laws and regulations that are not closely related to events and transactions
reflected in the financial stalemenls. Also, the risk of not detecting a material misstatement due to fraud is higher
than the risk of not delecling one resulting from error, as fraud may involve deliberatè eoncealment by. for example,
forgery or intentional rnisrepresentations. or through collusion.
A fvrther description of our responsibilities is avalable on the Financial Reporting Counul's website at= https'.11
www.Irc.org.uklauditorsrèsponsitrA"lrties. Thi5 description fomis part of our audilorfs report.
other matters
Your attenllon 15 drawn lo the fact that the charity has prepared financi81 $18temenls in ac¢ordan¢e wilh"Accounling
and Reporting by Charities". Statement of Recornmended Practice applicable lo charities preparing their accounts in
accordance with the Finan¢i81 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1 Q21" las
amended) in preference lo the Accounting and Reporting by Charities.. Statement of Recommended Pracli¢e issued
on 1 April 2005 whith is referred to in the extant regulations but has now be&n withdrawn.
Thi5 has been done in order for the financial stslements lo provide a true and falr vlew In ac(x)rdan¢e with current
Generally Accepted Accounting Practice.

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
INDEPENDENT AUDITOR'S REPORT {CONTINUED
TO THE TRUSTEES OF INSTITUTE OF ERGONOMICS & HUMAN FACTORS
Us• of our report
This report is made solely to the ¢harily's Iruslees, as a body. in accordance with part 4 of the Gharilie5 (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate lo the charity's trustees
those matters we are required tt> slate lo them in an audilorfs report and for no other purpose. To the fullest extent
peirnitted by law. we do not accept or assume responsibilily to anyone olher than Ihe charity and the chariws
trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Colm McGrory FCA (Senior Statutory Auditor)
for and on behalf of Omierod Rutter Limited
.1.6..1.o.q.1.9fj2+
Chartered Accountants
Statutory Auditor
The Oakley
Kidderminsler Road
Dro1￿ICh
Worcestershire
WR9 9AY
10-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrictsd Restricted
funds
funds
2023
2023
Total Unrestricted Restricted
funds
funds
2022
2022
Total
2023
2022
Notes
Incomè from:
Charitable activities
Investments
1.038,e60
3.323
1.038.660
3,323
880,148
101
680.148
101
Total Income
1.041.983
1.041,983
680,249
680,249
Expenditure on:
Charitable actmlies
919.071
296
919,367
626,016
626.016
Total expenditur
919,071
919,367
626,016
626,016
Nel gainslllosses) on
investments
10
17,006
17.006
(23,6961
123.6961
Net incomellexpènditurel and
movement in fund$
139.918
(2961
139.622
30.537
30.537
Reeonelllatlon of funds:
Fund balan￿$ at 1 January
2023
356,654
23.722
380.376
326.117
23,722
349.839
Fund balancès at 31
Decembor 2023
496.572
23,426
519,998
356.654
23,722
380,376
The ststement of financial activities i￿ludeS all galns and losses re￿gnISed in the year. All Income and expenditure
derive from conlinuing actiwties.

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
BALANCE SHEET
AS AT31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Tangible assets
Inveslm&nts
12
13
699
126.849
479
109,843
127.548
110,322
Current a88ets
Debtors
Cash at bank and in hand
14
290.545
340,724
17.267
307.545
631,269
324.812
Creditors: amounts falling due wlthln
onè yèar
15
1238,8191
154.758)
Net current ass•ts
392,450
270.054
Totsl assets less current liabill￿eS
519.998
380,376
Net assets excluding pènslon liability
519,998
380,376
Thè funds ofthe charity
Restricied income funds
Unresliicled funds
17
23,426
496,572
23,722
356,654
519,998
380,376
Thè financial ststements were approved by the trustees on septem.bèr 12, 2024
Dr
Trustee
12-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Ca$h flows from opèrnting activities
Cash generated from oporalions
21
30,789
95.524
Investing actlvltl•$
Pur¢hase of tangible fixed assets
Investmènt income re￿iVed
1933)
3.323
101
Net cash generated from investing
activities
2.390
101
Net cash used in financing aetivitles
Net increase in eash and ea$h equivalents
33.179
95.625
Cash and cash equivalents al beginning of year
307,545
211,920
Cash and Cash equlvalents at end olyear
340.724
307.545
13-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
Charity inforn)atlon
Institute tsf Ergonomics & Human Factors is a charlty lirniled by guarantee, incorporated in England and
Walès, and consequently doès not havè share ¢apital. Each of the Iruslees is liable lo contribute an arnounl
not exceeding £1 towards the 355els of the charity in the event of liquidation.
The principle placè of busine55 15..
7 The Courtyard
Wootton Park
Wootton Wawen
Warwtckshire
B95 6HJ.
1.1 Accountlng convèntion
Th8 financial statements have been p￿pared accordance with the Charit￿s Igoverning documentl. the
Charities Act 2011. FRS 102 The Financial Reporting Standard ap￿1¢able in the UK and Republic of Irelan(f'
I'FRS 102.} and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recomtnended
Practice applicable to charities preparing their accounts in accordance with the Finanaal Reporting Stsndard
applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The Charity is a Public
Benefit Entity 8$ defined by FRS 102.
The finanrAal statements have departed from thé Charities (Accounts and Report51 Regulations 2008 only to
the èxienl required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practica for d)arilies applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations bul which has since been withdrawn.
The finaneial statements are prepared in sterling, which is th• lunctional curr9ncy of Ihtr charity. MorElary
amounts in these financial statements are rounded to the nea￿st £.
The financial statements have been prepared undèr th8 histor￿81 cost wnvenlion, Imodified lo include the
revaluallon of freehold properties and to include investment properties and Certain financial instruments at fa
valuel. The principal accounting policiès adopted are sel out below.
1.2 Going conc•rn
Al the lime of approving the f(nanelal stslemenls, the trustees have a reasonable expectation that the charity
has adequate rèstsurces to continue in operational e￿$tence lor the foreseeable fijture. Thus the tiustees
continue to adopt the going concem basis of accounting in preparing the financial statemènts.
1.3 Charitable lunds
Unrestiicled funds are available for use al the d15crelion ol the trustees in furtherance of their tharitsble
oblectlves.
Rèslri¢ted funds are subject to speclfic ￿)nditIOnS by donors or grantors as to how they may be used. The
purpose5 and uses of the restricted funds are sel out in the notes to the financial statements.
Endowment funds are sublect 10 specific conditions by donors that the capital must be maintained by the
charity.
IA Income
Income is recognised when the eharlty Is legally entitled lo rf( after any performance conditions have been mel,
the amounts can be measured reliably, and it is probable that income will be re￿ived.
14-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting pollel•$
Icontlnuedl
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
ralation lo donations received under GiftAtd or deeds of covenant is reeognised at the time of thè donalK)n.
Legacies are recognised on receipt or otherwise Ef the charity has been notified of an impending distribution,
thè amount is known, and receipl is expecied. If thè amount is not known. thè legacy is trèated as a
ctsnlingent asset.
1.5 Ex￿ndItUre
Expenditure is recognised On￿ there is a legal or conslfuctive obligation to transfer economic benefrt lo a
third paty, il is probable that a transfer of economic benefits will be required in settlement. and thè amount of
the obligaliorn can be measured reliably.
Expenditure is classified by 8Ctwty. Thfy ¢osts of e8¢h actiV7ty are made up of the lolal of direct Costs and
shaied costs. including support costs involved in undertaking each activty. Direct costs attributable lo a single
activty are allocated direclty lo that activity. Shared cos15 which contribute lo more than one activity and
support costs which are not attribul8ble lo a single actiwly are apportioned between those ath'vilies on a basis
consistent wrth the use of resour￿S. Central staff costs are allocaled on the basis of time spent. and
depreciation ¢harges are allocated on the portion of the asset's use.
1.6 Tangible fix•d a$￿ts
Tangible fixed assets are initsally mèasured at cost and subsequently measured al cost or valuation, net of
dep￿ciatIon and any impaimènt lossès.
Dapreualion is recognised so as to write off the cost or valuation ol assets18ss their residual valu8s over their
useful lives on the following bases..
Fixtures and fittings
Compulers
25°A straight line
25°A straighl line
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the cartwng value of the asset. and is recognised in the statement of financial activities.
1.7 Fixed asset Invèstments
Fixed asset investments are inib811y measured al Iransaction pri¢e excludin9 transaction ¢0sls, and are
Subsequently measurèd 81 fair value al each reporting date. Change5 in fair value are recognised in net
incomellexpendilursl foT the year. Transaction costs are expensed as incurred.
1.8 Impainnent of fixèd as$ots
Al each reporting end date, the charity Ye￿w$ the carrying amounts of ts tangible assets lo determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverablè amount of the as5el is eslimaled in order lo determine the extent of the impairment
loss lif any}.
1.9 Cash and eash èquivolents
Cash and cash èquivalents include cash in hand, deposits held al call with banks. other short-leTrn liquid
investments with origin81 malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
15-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policlos
Icontlnuedl
1.10 Financial Instrumènts
The charity has elected to apply the prowsion$ of Se¢lion 11 'Basi¢ Finan¢ial Inslwmtrnls, and Saclion 12
'other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial Instrurnent5 are recogni5ed in the charity's balance sheet when the d)arity becomes party lo the
contractual provisions of the inslrumenl.
Flnanaal assets and liabilities are offset, with the net amounts presented in the financial statements, when
the￿ is a legally enforceable right to sel off the ie¢ognised amounts and there Ss an intention lo settle on a nel
bas19 or lo realise the asset and settlè the li8bility simultanèously.
Basic finanelal assets
Basic financial assets. whS¢h Include debtors and cash and bank balances, are Inlllally measured al
transaction price including Iiall5aclion costs and are subsequently carried al arnortised cost using th8 effective
interest melhod unless the arrangement con51ilules a financing transaction. where the transaction is
measured al the present value of the future receipts discounted al a market rale of interest. Financial asse15
classified 85 receivable wlhin one year are not amortised.
Basie financialliabilities
Basic finan¢kAI liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement conslilules a financing Iransaclion. where the debt instrument is measured al the present
value of the future payrnenls discounted at a market rate of interest. Financial liabililies classiffied as payable
within one year are nol amortised.
Debt instruments are sUbSequant￿ carried at amorti$e(I cost, using the eftectNe interest rata m&thod.
Trade creditors are obligations lo pay fw goods or seNt¢es that have been acquired in the ordinary course of
operats'ons from suppliers. Amoun15 payable are classified as current liabil￿e$ if payrnenl is due within one
year or less. 11 not, they are Presented a5 non-currenl liabilities. Trade cred((ors are recognised initially at
transaction price and subsequently measured al amortised CL)s1 using the effective interest method.
Derèeognition of financial liabilities
Financial liabilities are derecognised when the charitys c£Jntsaclual obligations expire or are discharged or
cancelled.
1.11 Employee benefits
The cost of any unused holiday enlitlemenl is recognised in the period in which the employee's services are
re¢eived.
Termlnalion benefrts are recognised immediately as an expense when the charity is demonstrably commttted
to terminate the employment of an employee or lo provide lerrninalion benefts.
Crltlcal a¢¢ounting estimates and judgements
In the appliGalion of the charity's a¢counling policies, the Iru51ees are required to makè judgemÈnts, e51im8les
and assumplir)ns aboLrt the carrying amount ol assets and liabilities that are not readily apparent frorn other
sources. The eslimales and assoualed assumptions are based on historical experience and other factors that
ore considered lo be relevant. Actual results may differ from these estimates.
The eslirnales and underfying assumptions are r&viewed on an ongoing basis. Revisions to accounting
eslimales are recognise(l in the period in which the eslirnale is rewsed where the revision affects only that
period. or in the period of the revision and future periods where the revision affects both cvrrenl and future
periods.
16-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Incom8 from charitable actIvI￿•S
Totsl
2023
Total
2022
Membership Products
204.872
220.271
AcC￿dIts110n SeNces
21,803
15.548
Learning Products
337.910
96,051
Events Sponsorship and Royaltie$
474.075
348,278
1.038.e60
680.148
Incom• from investmonts
Unrestricted Unrestricted
fund$
funds
2023
2022
Interest receivable
3.323
101
17-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Expendlknr• on charitable activities
Total
2023
Total
2022
DiTect costs
Diièet travel and subsistenc¥
Direct equipment
Direct exiemal services
Other direct costs
14,779
23.426
193.048
165,447
4.181
3,161
182,371
66.400
396,700
256,113
Share of support and gov•mane• costs {s•• notè 61
Support
Govemanc8
502.841
19.826
365,471
4.432
919.367
626,016
Analysis by fund
Unrestiicled funds
Restricted lunds
919,071
296
626,016
919.367
626,018
Support costs allocated to a¢tlvltles
2023
2022
Staff costs
Overhead staff costs
Overhead travel and subsbstence
0￿rh￿ad equipment
Overhead extemal services
Overhead office njnning costs
Overhead other
Goveinance costs
328,389
2,011
11,382
120.758
16,989
16,578
6,734
19,828
231,251
3.586
10,228
97,595
14,276
2.848
5,689
4,432
522,667
369.903
18-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support costs allocated to activiti•s
(Continued)
2023
2022
Goveman¢e costs comprise:
Auditors, remuneration
Venue hire
Travel costs and subsistence
Other
Indepèndent examinefs fees
8,495
6,647
3,432
1,252
1.061
871
2.700
19,826
4,432
Net movèmènt in funds
2023
2022
The nel movement in fvnds is slated after charglngll¢reditingl.'
Fees payable for the audit of the charity's ffin8ncial slalemenls
Depreciation of owned tangible r￿ed ass&t
8.495
712
479
Trusts•$
None of the trustees lor any persons Connected vthh them) received any remuneration or benefrts from the
charity during tho year.
During Ihg year ended 31 De￿mber 2023. a total of £8.705 in expenses was re1Ml￿r$e￿ lo 15 Iruslees for
travel expenses.
Employees
The average monthly number of employees during the year was..
2023
Number
2022
Number
Employm•nt costs
2023
2022
Wages and salarie5
Social security costs
Ernployers pension costs
Olher stsff costs {non payroll)
281.135
25.716
17.133
2,382
199.522
17.897
10.946
1.851
326,366
229,816
512022- 51 of the above employe&s participat8d in the Defined Corrtribulion Pension Schemes.
Conlribvlions to the employee pension sc*eme5 for the year totalled £17.133 {2022- £10,946)

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
Employèes
Icontinuedl
The number of employees whosè annual Temuneration (excluding pension) was £60,0(X) or mts￿ We￿..
2023
Numb¥r
2022
Number
£60.001 to £70,000
£70.001 to £80.OCXJ
The key managèmant personnel are represented by 2 employees. The lotsl employee benèfits of the key
rnanagement personnel lexcluding pension conlribulionsl is £146,098.
10 Gains and losses on investments
Unrostrlctsd Unrostrf¢tsd
funds
funds
2023
2022
Galnslllossesl arising on-.
Revaluation ol investmen15
17,006
123,6961
11 Taxation
The charty is exempt from taxation on its aCtI￿tieS because all its income is applied for charitable purposes.
20-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
12 Tangiblè fixed assets
Flxturas and
rittlng5
Computers
Totsl
Cost
At 1 January 2023
Additions
Disposals
9,101
1,915
933
11,016
933
19.1011
19,1011
Al 31 Deeember 2023
2,848
2,848
Depreciation and impairment
At 1 January 2023
Depreciation charged in tho yaar
Eliminat&d in respect of disposals
9,101
1.437
712
10,538
712
19,1011
19,1011
Al 31 Decernber 2023
2,149
2,149
Carrying amount
Al 31 December 2023
699
699
At 31 December 2022
479
13 Fixed assèt I￿V￿￿￿n￿
List•d
investments
Cost or valuation
Al 1 January 2023 & 31 December 2023
Valuation changes
109.843
17.006
Carylng amount
At 31 Decembèr 2023
126.849
At 31 December 2022
109,843
14 Dèbtors
2023
2022
Amounts falllng due wlthln one year:
Trade debtors
Other dèbtors
Prepayments and accrued income
64,761
1.584
833
14.850
225,784
290,545
17,267
21

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
IS Creditors= amounts falling due within on& y•ar
2023
2022
Notes
Other laxalion and social security
Deferred income
Trade Creditors
Other creditors
Accruals
58.789
131,433
29.911
2.548
43.613
16
4.598
3.999
18,fj86
238.819
54.758
16 D•f•rred income
2023
2022
Oiher deferred income
131,433
43,613
Deferred Income is included in the financial stst¢menl$ 85 follows:
2023
2022
Deferred income is included within..
Current liabilities
131,433
43,613
17 Restricted fvnds
The restricted funds of the charity comprise the unexpended balances of donatKJns and grants held on trust
subject to spe¢ific conditions by donors as to how they may be used.
At 1 January
2023
Resources
expended
At31
Deeembèr
2023
John Wilson Mèmorial Fund
Members Liberty Award
Op EK IEHFArchive
11.032
11.622
1,068
12961
10.736
11,622
1,068
23.722
12961
23,426
-22-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
17 RÈstrl¢ted fijnds
IContinu•dl
Previous year:
At 1 January
2022
Resources
expendéd
At31
Deeèmber
2022
John Wilson Memorial Fund
Mernbers Liberty Awaid
Op EK IEHFArchive
11.032
t1.622
1,068
11.032
11.622
1.068
23,722
23,722
John Wi150n Memorial Fund - A donation givèn to establlsh 3 fvnd In memory of fomer Inslilule Pre5idenl.
Professor John Wilson, to promde student travel bursaries.
Mèmbèrs Liberty Award- Established to finance an annual award lo the author of the best artKle published
in 'Eigonomics'.
Op Ex IEHF Arehlve - A fund lo support the establishment, preservation and presentation of publications,
artefacts and images petsining lo the hi510ry of IEHF. it5 antecedents and of ErgonomicslHuman Fadors
generally.
18 Unrestrietsd funds
Thè unrestricted funds of thè ¢harily comprise the unexpended balances of donations and grants which a
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated funds whith have been Sel aside out of unrestricted funds by the trustees for specnlc purposès.
At 1 January
2023
Ineomlng
r•$our¢e$
R¢$our¢e$
gxpended
Gain$ ond
At31
December
2023
Ganèral funds
356,654
1,041,983
{919.071)
17,OC6
496.572
Prevlous year:
At 1 January
2022
Incoming
resources
Resources
expended
Gains and
losses
At31
D•c•mbèr
2022
Genaral funds
326.117
680.249
(626.016)
123.6961
356.654
23-

INSTITUTE OF ERGONOMICS & HUMAN FACTORS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
19 Anafysis of net assets batw•&n funds
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 December 2023..
Tangible assets
Investments
Current asselsl{liabilities}
699
126,849
369.024
699
126.849
392.450
23,426
4￿,572
23,426
519.998
Unrestrlcted
funds
2022
Restrleted
funds
2022
Total
2022
At 31 December 2022:
Tangible assets
Investments
CLtrrent assetsllliabilitsesl
479
109,843
246,332
479
109,843
270.054
23,722
356,654
23,722
380,376
20 Related party transactions
T￿re were no disclosable ielaled party transactions during the year12022- none>.
21 Ca$h generat￿ from opèrations
2023
2022
Surplus for the year
139,622
30,537
Adjustmen15 for
Investment income recognised in stat8mènl of financlal aclNilies
Fair value gains and losses on investments
Depre¢ialion and impairment of tsngible fixed assets
13,323)
117,006}
712
11011
23,6
479
Movements in worksng capital..
Ilncreasel in debtors
Increase in creditors
Increase In deferred income
1273,278}
96,242
87,820
(9,8261
7,146
43,593
ash generatèd from operations
30,789
95,524
22 Analysis of changes in n8t funds
The charity had no material debt durlng the year.
24-