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2022-12-31-accounts

Charity registration number: 1163773

UACES

Annual Report and Financial Statements

for the Year Ended 31 December 2022

UACES

Contents (continued)

Reference and Administrative Details 1
Trustees' Report 2 to 7
Statement of Trustees' Responsibilities 8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12 to 21

UACES

Reference and Administrative Details

Trustees Dr K Simpson Dr B Farrand Prof R Guerrina Dr K Slootmaeckers Prof S Usherwood, Chair Dr R M Fernandez Martin Dr G Benedetto Dr S Ladi Secretary Dr K Simpson Charity Registration Number 1163773 Principal Office Idea Space 83 Lavender Hill London SW11 5QL Independent Examiner M Winkelmann FCA Chartered Accountant Henry and Banwell 26 Berkeley Square Bristol BS8 1HP

Page 1

UACES

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2022.

1. Duty to prepare Annual Reports and Accounts

The Officers recognise that they are jointly responsible for the preparation of the Annual Report and Accounts. The Charities Act 1993 requires UACES Officers to prepare accounts for each financial year which give a true and fair view of its financial activities during the year and of its financial position at the end of the year. Specifically, this requires the Officers to:

• select suitable accounting policies and apply them consistently

• make judgments and estimates that are reasonable and prudent

• follow applicable accounting standards and the Charities SORP, disclosing and explaining any departures for the accounts, and

• to prepare the accounts on the going concern basis unless it is inappropriate to assume that the Charity will continue in operation.

UACES Officers are responsible for keeping accounting records which are such as to disclose, with reasonable accuracy, the financial position of the Charity at any time, and to enable them to ensure that the accounts comply with charity law. UACES Officers are also responsible for safeguarding the Charity’s assets and ensuring their proper application in accordance with charity law, and hence for taking reasonable steps for the prevention and detection of error, fraud and other foreseeable irregularities.

2. Structure, Governance and Management

The Committee comprises four elected Officers (Chair, Secretary, Treasurer and Equality, Diversity and Inclusion [EDI] Officer), six elected Committee members and includes a number of co-opted and ex-officio members. Any individual member of the Association is eligible to nominate themselves or to be nominated, and elections are conducted by electronic ballot. Terms of elected office, which start on 1 September each year, are three years. The Committee is further divided into working groups; the Events working group, the Engagement working group, the Equality, Diversity and Inclusion working group, and the Teaching and Learning working group. Decisions on policy are made by Committee and implementation of these decisions and day-to-day management of the association is undertaken by the staff.

Officers are encouraged to serve on the Committee prior to standing for an officer post, to ease their induction into taking up an officer post for the Association. Officers are normally long-standing, active members and so are familiar with the work of the Association before taking up their duties as Officers. The outgoing Officer briefs the incoming Officer extensively and there is a period of shadowing up to the handover. Job descriptions are available for all Committee positions. All elected members of the Committee who are based in the UK are Trustees of the charity.

3. Objectives and Activities

The object of the charity as laid out in the Constitution is as follows:

• To advance education for the public benefit through the promotion of teaching and research in contemporary European Studies, and in furtherance of this objective but not otherwise.

• To maintain and foster links between UK universities and institutions and those in other countries as well as with such bodies as may be thought fit.

• To provide such help as may prove possible towards the promotion of contemporary European Studies.

Page 2

UACES

Trustees' Report (continued)

• To foster co-ordination of teaching and research by all appropriate means including the organising of meetings and seminars.

• To encourage the dissemination of research findings and to foster debate in contemporary European Studies by all appropriate means including the publication and circulation of papers and through the JCMS, Journal of Common Market Studies.

• To encourage the development of the successor generation of teachers and researchers in contemporary European Studies.

4. Achievements and Performance

The following themes within the objects have been identified:

a) the participation of postgraduate students and early-career scholars in the activities of the Association

• UACES received a grant from the European Union Erasmus+ programme, Jean Monnet Support for Associations, which included funding for Graduate Forum events. In 2022 together with the UACES Graduate Forum, UACES organised several events specifically for postgraduate students, including a series of research seminars (hosted virtually), 2 Doctoral Training Academies (1 virtually in January 2022 and 1 at the University of Surrey in December 2022) and a research conference held at Maastrict University in June 2022.

• We continued to operate EuroResearch, the email list specifically for postgraduate students;

• Crossroads Europe, the Graduate Forum blog, continued to thrive on our blog platform www.ideasoneurope.eu.

• UACES self-funded four travel scholarships for PhD students to complete research work in the field of European Studies;

• In 2018, a part of our effort to improve the diversity of European Studies, UACES began reserving scholarships specifically for BIPOC students and those who work outside of Western Europe and North America. This initiative continued in 2022.

• UACES continued the Luke Foster JCER Best Article prize which is awarded to the best article published by a PhD student or Early-Career Researcher in our open-access journal JCER. The 2022 prize was awarded to Raquel Vega Rubio, Alvaro Oleart and Kolja Raube for their article ‘Parties in the "twilight zone": Beyond first and second-order elections for the 2019 European Parliament elections in Spain'.

• Contributions towards travel expenses were also made available for those students attending events supported by UACES.

b) the research events and the research conference;

• The 52nd Annual Conference was held at ESPOL, Lille and was attended by 330 people. A separate virtual day was held on 8 September and attracted 40 attendees;

• Three new Collaborative Research Networks were established, in addition to the networks already running. One of the newtworks was supported by the James Madison Charitable Trust. The networks which were awarded funding in 2022 were:

• European Studies in a Relational Universe (RELATE)

• EUFutures (supported by the James Madison Charitable Trust)

• Trade Implementation and Enforecemnt Research Network (TIER)

Page 3

UACES

Trustees' Report (continued)

c) the publications policy of UACES;

• The Journal of Common Market Studies (JCMS) which includes the Annual Review of the EU continues to thrive. A new editorial team was chosen in 2022: Prof Paul James Cardwell (King's College London), Prof Roberta Guerrina (University of Bristol) and Dr Gabriel Siles-Brugge (University 0f Warwick).

• The open access, online-only Journal of Contemporary European Research (JCER) continued to be published. However, the association is in the process of winding down the journal.

• In 2022 UACES began talks with Wiley to start a new open access journal, Contemporary European Politics . A contract was signed with Wiley in Summer 2022 and the journal was expected to launch in early 2023.

• In partnership with Routledge, the Contemporary European Studies (CES) book series which published 2 new books in 2022. In 2022, a new team of editors was recruited for the journal: Dr Eleanor Brooks (University of Edinburgh), Prof Ben Farrand (Newcastle University), Prof Helena Farrand Carrapico (Northumbria University) and Dr Benjamin Martill (University of Edinburgh).

d) relations with other associations;

UACES maintained links with:

e) communication between the Committee and the members;

The main means of communication is the UACES Newsletter supplemented by announcements on the email list, social media and the UACES website.

f) our membership;

At 30 September 2021 membership of UACES was 1018, a 5% decrease from 1072 the previous year. The membership comprises 562 Individual, 146 Early Career, 217 PhD Researcher, 24 Student, 7 Affiliate and 62 Group members, with over 60% of members based outside the UK.

g) our public profile;

• The Office staff at UACES (in particular the Digital Communications Manager) have been working hard to raise the online profile of UACES. This has been achieved through increased use of social media and sharing of multimedia content. The UACES Linkedin profile is a growth area, with 990 followers.

Page 4

UACES

Trustees' Report (continued)

• The online profile of UACES and its associated journals and activities has increased, through more effective use of social media and multimedia content;

• IdeasonEurope.eu, our open access hosting platform for blogs on Europe continues to be popular for readers and authors and has over 12,000 followers on Twitter;

h) prizes;

UACES awarded five prizes in recognition of achievement in the field of European Studies: Best PhD Thesis, Best Book , the JCMS Prize , the JCER Prize and a Lifetime Achievement Award .

5. Financial Review

a) The financial position

UACES has a full business plan for the Association that reflects the aims, objectives and current priorities.

b) Funding Sources

UACES was the recipient of a grant from the James Madison Charitable Trust which will provide funding for various UACES activities starting in the 2019-2020 financial year. Due ot the Covid-19 pandemic, this funding was extended to cover some activities up to and including 2024.

UACES applied for and was successful in winning funding from the European Commission for a two-year project commencing in the 2019-20 financial year. This will fund 3 events and a journal special issue ( Diverstity, Inclusion and Multidiscipliarity in European Studies (DIMES)). The project has been extended until 2023 to take into account the effect of the pandemic.

UACES applied for and was successful in winning funding from the European Commission for a three-year project commencing in the 2019-20 financial year. This will fund 6 Graduate Forum events, 4 seminars in Brussels and 2 Research Networks ( Securing a Future for European Studies (SaFES). Awarded €50,000 over 3 years). The funding for this project ends in October 2023.

In conjunction with 10 partners, UACES applied for and was successful in winning funding from the European Commission for a three-year project (RENPET) commencing in the 2019-2020 financial year.The project has been extended until 2024 to take into account the effect of the pandemic.

Income from the profit of the journal, JCMS, together with the revenue from membership subscriptions and the annual conference, is used to cover administration and management of the Association.

c) Grant-making

There are three main streams of funding available from UACES (see www.uaces.org/funding)

d) Related party transactions

No transactions are made between the Charity and its Trustees or anyone else connected to its Trustees. Trustees are paid expenses only by direct reimbursement.

Page 5

UACES

Trustees' Report (continued)

e) Reserves

UACES’s reserves are currently in a healthy position, following a setback in 2015 after the payment of a large pension deficit. We are aware that future years may be more difficult, not least because of the move within academic publishing towards open access research. UACES continues to build its reserves in the expectation that income from membership, EU grants and journal subscriptions are liable to reduce dramatically over the next 5-10 years.

f) Investment policy

An Investment Portfolio was established in 2010, the management of which was done with the advice of an Independent Financial Adviser. In October 2015, half of the investment portfolio was sold. In June 2016 the decision was taken to close the Investment Portfolio entirely. The decision was taken on the advice of our Independent Financial Adviser and it was done with the aim of improving cash flow. UACES realised a small gain from the sale of £3,972.

In its place UACES currently has 4 savings accounts which offer very small financial returns on the investments but do offer the benefit of easy access which has helped to improve UACES’s cash flow.

The investment policy will remain in place to inform the charity’s trustees should they decide to invest in a managed portfolio again in the future.

g) Financial risks

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity. To note in this report:

i. The recent changes to the Jean Monnet Programme of the European Union

Over the last twenty years, UACES has been the recipient of numerous grants from the Jean Monnet programme of the European Union. In 2021 the grant programme changed and no longer includes the Jean Monnet Projects or Support to Association funding streams that have been used by UACES in the past. If the funding streams offered by the Jean Monnet programme continues in this way, there will be no further streams to which UACES can apply. This could have an impact on the activities we run for Graduate students and Early-career researchers, many of which have been previously funded by the Jean Monnet programme.

ii. The shift to open access publishing

Academic publishing is in the process of changing from the current reader-pays model to an author-pays model. UACES has been working with Wiley, our publishers and co-owners of the JCMS to prepare for this change. The Trustees are ensuring their feedback is taken into consideration on the proposed plan S implementation guidelines. At this stage it is difficult to assess the full impact on UACES.

iii. Membership of UACES

Whilst membership of UACES had been stabilising, 2022 saw a small drop in membershp numbers. In the first half of 2023, the drop has been even larger. Staff and trustees are monitoring the situation and considering ways to boost membership numbers for 2024, UACES's raison d'etre is its members so it is very important that we explore all methods for growth in this area.

Page 6

UACES

Trustees' Report (continued)

  1. Plans for the Future

a) Consolidate existing activities:

• supporting and developing UACES publications - in particular, promoting the new journal Contemporary European Politics.

• Focus on improving the diversity of UACES’s members and participants at its conferences. We are particularly keen to encourage academics and students from historically under-represented backgrounds to attend our events and participate in our activities

b) Focus during 2021-2024 (current Chair’s term of office) on the following particular areas:

i. Strengthening the internal operation and organisation of the Association - making sure that UACES has a strong core for the work that it does, optimising and diversifying UACES's income stream and making the most of the virtual side of the organisation.

ii. Optimising provision for UACES members - ensuring the orgainisation is a 'home' for members and place for them to support each other.

iii. Embedding our EDI policy to ensure that we offer maximum benefit for all our members.

iv. Promoting UACES within wider networks - ensuring UACES plays more of a role within both public and professional debates, increasing collaboration with sister organisations both in the UK and wider Europe, developing social media tools and promoting the work of members and their appearances in public forums.

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: 28 Aug 2023

~~.........................................~~ Dr K SimpsonKathryn Simpson (Aug 28, 2023, 6:19pm) Trustee

Page 7

UACES

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on .................... and signed on its behalf by: 28 Aug 2023

.........................................

Dr K SimpsonKathryn Simpson (Aug 28, 2023, 6:19pm) Secretary and Trustee

Page 8

UACES

Independent Examiner's Report to the trustees of UACES

I report to the trustees on my examination of the accounts of UACES for the year ended 31 December 2022.

Responsibilities and basis of report

As the charity trustees of UACES you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the UACES's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since UACES's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of UACES as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... M Winkelmann FCA

Chartered AccountantMichael Winklemann (Aug 8, 2023, 9:58pm) ICAEW

Henry and Banwell 26 Berkeley Square Bristol BS8 1HP

Date:............................. 08 Aug 2023

Page 9

UACES

Statement of Financial Activities for the Year Ended 31 December 2022

Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
4
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
16
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
4
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
16
Unrestricted
funds
£
159
79,752
225,774
2,441
308,126
(273,409)
(273,409)
34,717
34,717
433,381
468,098
Unrestricted
funds
£
1,466
69,798
207,380
3,401
282,045
(235,051)
(235,051)
46,994
46,994
386,387
433,381
Restricted
funds
£
46,105
-
-
-
46,105
(46,105)
(46,105)
-
-
-
-
Restricted
funds
£
23,087
-
-
-
23,087
(23,087)
(23,087)
-
-
-
-
Total
2022
£
46,264
79,752
225,774
2,441
354,231
(319,514)
(319,514)
34,717
34,717
433,381
468,098
Total
2021
£
24,553
69,798
207,380
3,401
305,132
(258,138)
(258,138)
46,994
46,994
386,387
433,381

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 16.

The notes on pages 12 to 21 form an integral part of these financial statements. Page 10

UACES

(Registration number: 1163773) Balance Sheet as at 31 December 2022

Note
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
14
Creditors: Amounts falling due within one year
15
Net current assets
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Total funds
16
2022
£
9,199
235,429
325,708
561,137
(102,238)
458,899
468,098
468,098
468,098
2021
£
9,672
219,239
327,234
546,473
(122,764)
423,709
433,381
433,381
433,381

The financial statements on pages 10 to 21 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by: 09 Aug 2023

.........................................

~~Prof S Usherwood~~ Simon Usherwood (Aug 9, 2023, 8:00am) Trustee

The notes on pages 12 to 21 form an integral part of these financial statements. Page 11

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

UACES meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Page 12

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £100.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Page 13

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

2 Income from donations and legacies

Donations and legacies;
Donations from companies, trusts and similar
proceeds
Grants, including capital grants;
Government grants
Total for 2022
Total for 2021
Unrestricted
funds
General
£
159
-
159
1,466
Restricted
funds
£
421
45,684
46,105
23,087
Total
funds
£
580
45,684
46,264
24,553

Page 14

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

3 Income from charitable activities

Donations and Grants
Conference and Events
Membership subscriptions
Journal publication
Investment income
Other income
Total for 2022
Unrestricted
funds
General
£
159
47,381
32,358
225,774
2,441
13
308,126
Restricted
funds
£
46,105
-
-
-
-
-
46,105
Total
funds
£
46,264
47,381
32,358
225,774
2,441
13
354,231

4 Investment income

Interest receivable and similar income;
Interest receivable on bank deposits
Total for 2022
Total for 2021
Unrestricted
funds
General
£
2,441
2,441
3,401
Total
funds
£
2,441
2,441
3,401

5 Expenditure on charitable activities

Conferences and Events
Student Support
Membership and administartion
Journal publication
Total for 2022
Unrestricted
funds
General
£
56,497
18,702
138,565
59,645
273,409
Restricted
funds
£
-
-
46,105
-
46,105
Total
funds
£
56,497
18,702
184,670
59,645
319,514

Page 15

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

Total expenditure £

6 Analysis of governance and support costs

Governance costs

Independent examiner fees
Examination of the financial statements
Trustees remuneration and expenses
Total for 2022
Total for 2021
Unrestricted
funds
General
£
2,292
1,659
3,951
3,523
Total
funds
£
2,292
1,659
3,951
3,523

Page 16

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

7 Government grants

Four sources of grants were accessed in the year.

From the Erasmus+ programme of the European Union funds were received under the Jean Monnet Project and Jean Monnet Network sections of Erasmus.

The amount of grants recognised in the financial statements was £45,684 (2021 - £23,087).

8 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

Prof R Guerrina

£540 (2021: £Nil) of expenses were reimbursed to Prof R Guerrina during the year.

Travel expenses

Dr K Simpson

£479 (2021: £Nil) of expenses were reimbursed to Dr K Simpson during the year.

Travel expences

Dr J Mawdsley

£444 (2021: £340) of expenses were reimbursed to Dr J Mawdsley during the year.

Travel expenses

Dr R M Fernandez Martin

£196 (2021: £Nil) of expenses were reimbursed to Dr R M Fernandez Martin during the year.

Travel expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any other benefits from the charity during the year.

Page 17

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

9 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
2022
£
108,916
2021
£
124,305

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Administration
Charitable Activities
2022
No
1
2
3
2021
No
1
2
3

Contributions to the employee pension schemes for the year totalled £9,275 (2021 - £10,261).

No employee received emoluments of more than £60,000 during the year

10 Independent examiner's remuneration

Examination of the financial statements 2022
£
2,292
2021
£
2,229

Page 18

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

11 Taxation

The charity is a registered charity and is therefore exempt from taxation.

12 Tangible fixed assets

Cost
At 1 January 2022
Additions
At 31 December 2022
Depreciation
At 1 January 2022
Charge for the year
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021
13 Debtors
Trade debtors
Prepayments
Other debtors
14 Cash and cash equivalents
Cash on hand
Cash at bank
Computer
equipment
£
47,581
12,299
Total
£
47,581
12,299
59,880
37,909
12,772
50,681
9,199
9,672
2021
£
1,630
3,130
214,479
59,880
37,909
12,772
50,681
9,199
9,672
2022
£
2,212
2,737
230,480
235,429
2022
£
1,235
324,473
325,708
219,239
2021
£
7,175
320,059
327,234

Page 19

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

15 Creditors: amounts falling due within one year

Trade creditors
Other creditors
Accruals
16 Funds
Unrestricted funds
General
Unrestricted General Fund
Restricted funds
European Commission
Total funds
Unrestricted funds
General
Unrestricted General Fund
Restricted
European Commission
Total funds
Balance at 1
January 2022
£
433,381
-
433,381
Balance at 1
January 2021
£
386,387
-
386,387
Incoming
resources
£
308,126
46,105
354,231
Incoming
resources
£
282,045
23,087
305,132
2022
£
1,622
92,327
8,289
102,238
Resources
expended
£
(273,409)
(46,105)
(319,514)
Resources
expended
£
(235,051)
(23,087)
(258,138)
2021
£
198
108,215
14,350
122,763
Balance at 31
December
2022
£
468,098
-
468,098
Balance at 31
December
2021
£
433,381
-
433,381

The specific purposes for which the funds are to be applied are as follows:

Grants were received for the Jean Monnet Project and Network in the year from the European Commission and from the James Madison Charitable Trust.

Page 20

UACES

Notes to the Financial Statements for the Year Ended 31 December 2022 (continued)

17 Analysis of net funds

17 Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt
At 1 January
2022
£
327,234
327,234
At 1 January
2021
£
248,680
248,680
Financing cash
flows
£
(1,526)
(1,526)
Financing cash
flows
£
78,554
78,554
At 31
December
2022
£
325,708
325,708
At 31
December
2021
£
327,234
327,234

Page 21

UACES

Statement of Financial Activities by fund for the Year Ended 31 December 2022

Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Total
Unrestricted
Funds
2022
£
159
79,752
225,774
2,441
308,126
(273,409)
(273,409)
34,717
34,717
433,381
468,098
Total
Unrestricted
Funds
2021
£
1,466
69,798
207,380
3,401
282,045
(235,051)
(235,051)
46,994
46,994
386,387
433,381

This page does not form part of the statutory financial statements. Page 22

UACES

Statement of Financial Activities by fund for the Year Ended 31 December 2022 (continued)

Income and Endowments from:
Donations and legacies
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income/(expenditure)
Reconciliation of funds
Total funds carried forward
Total
Restricted
Funds
2022
£
46,105
46,105
(46,105)
(46,105)
-
-
Total
Restricted
Funds
2021
£
23,087
23,087
(23,087)
(23,087)
-
-

This page does not form part of the statutory financial statements. Page 23

Issuer

Henry and Banwell Ltd

Document generated Tue, 8th Aug 2023 16:59:29 UTC

Document fingerprint 7aa04b17dc33daa5393089578b805dc0

Parties involved with this document

Document processed

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Wed, 9th Aug 2023 8:00:30 UTC Wed, 9th Aug 2023 7:55:56 UTC Wed, 9th Aug 2023 5:08:58 UTC Tue, 8th Aug 2023 21:58:43 UTC Tue, 8th Aug 2023 21:58:43 UTC Tue, 8th Aug 2023 21:58:42 UTC

Tue, 8th Aug 2023 21:58:42 UTC Tue, 8th Aug 2023 21:57:11 UTC Tue, 8th Aug 2023 17:49:03 UTC Tue, 8th Aug 2023 17:15:08 UTC Tue, 8th Aug 2023 17:15:08 UTC

Tue, 8th Aug 2023 17:11:10 UTC Tue, 8th Aug 2023 17:11:10 UTC Tue, 8th Aug 2023 17:11:10 UTC Tue, 8th Aug 2023 17:11:10 UTC Tue, 8th Aug 2023 17:00:37 UTC

Tue, 8th Aug 2023 16:59:29 UTC

Kathryn Simpson opened the document email. (148.252.141.75) Kathryn Simpson opened the document email. (148.252.141.75) Simon Usherwood viewed the envelope. (146.200.122.192) Document emailed to k.simpson@keele.ac.uk (18.134.16.24) Sent the envelope to Kathryn Simpson (k.simpson@keele.ac.uk) for signing (146.200.122.192) Simon Usherwood signed the envelope (146.200.122.192) Simon Usherwood viewed the envelope. (146.200.122.192) Simon Usherwood opened the document email. (92.40.213.136) Michael Winklemann viewed the envelope. (185.192.70.97) Document emailed to Simon.usherwood@open.ac.uk (18.132.210.161) Sent the envelope to Simon Usherwood (Simon.usherwood@open.ac.uk) for signing (185.192.70.97)

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Emily Linnemann has been assigned to this envelope (86.8.87.22) Kathryn Simpson has been assigned to this envelope (86.8.87.22) Simon Usherwood has been assigned to this envelope (86.8.87.22) Michael Winklemann has been assigned to this envelope (86.8.87.22) Document generated with fingerprint 7aa04b17dc33daa5393089578b805dc0 (86.8.87.22) Envelope generated by Neil Barnes (86.8.87.22)

UACES

Idea Space, 83 Lavender Hill, London, SW11 5QL Tel +44 204 5244294

www.uaces.org

UACES ANNUAL REPORT

2023

A report for the financial year running 1 January 2022 to 31 December 2022

TABLE OF CONTENTS

Contents

Membership _____________ 2 Annual Conference ____________ 3 Events in 2022 _____________ 4 Scholarships _____________ 5 UACES Research Networks __________ 6 Microgrants_____________ 7 Prizes and Awards _______________ 8 Journal of Common Market Studies _________ 10 Journal of Contemporary European Research (JCER) ______ 12 Routledge-UACES Contemporary European Studies series _____ 13 Framework for Delivering Benefit __________ 14 Working Groups _____________ 15 Statement of Financial Activities 1 January 2022 – 31 December 2022 ___ 16 Balance Sheet at 31 December 2022 ___________ 17

1

MEMBERSHIP

Membership

Membership of UACES decreased to 1018 members as of 30/09/22 (a decrease of 5% from the previous year). This comprised 562 Individual members, 146 Early-Career members, 217 PhD Researcher members, 24 Student members, 7 Affiliate members and 62 Group members.

Our members are distributed across 59 countries: 39 European countries and 20 countries beyond Europe.

The table below shows from where UACES membership is sourced:

COUNTRY OF AS OF 30/9/22 AS OF 30/9/21 AS OF 30/9/20 AS OF 30/9/19
RESIDENCE
UK 36.1% 36.1% 39.3% 39.6%
Germany 8.2% 7.8% 7.2% 6.8%
Belgium 7.7% 6.4% 6.2% 6.8%
Netherlands 4.9% 4.9% 3.9% 4.7%
Italy 4.1% 3.9% 3.0% 3.1%
Poland 3.3% 3.5% 3.9% 3.0%
Spain 3.2% 3.4% 3.1% 3.3%
France 3.1% 2.5% 1.9% 2.0%
USA 2.9% 3.3% 2.9% 2.2%
Hungary 2.9% 1.9% 1.4% 1.3%
Rest of Europe 19.6% 18.3% 17.5% 16.6%
Rest of World 4.8% 7.6% 7.7% 7.5%

BENEFITS

In 2022 members benefited directly from discounts for some UACES events, grants to support research networks, microgrants, fieldwork scholarships for PhD students, access to our ever-popular email list and newsletter, fully-funded conferences for postgraduate students, and indirectly through our journal co-published with Wiley, JCMS: Journal of Common Market Studies.

A full list of members’ benefits is available to view at www.uaces.org/membership.

2

EVENTS

Annual Conference

ANNUAL CONFERENCE LILLE

The UACES 52[nd] Annual Conference was held at ESPOL, Lille on 5-7 September 2022. It was followed by a virtual day that took place via Zoom on 8 September 2022. The in-person conference was attended by delegates from 44 different countries with the biggest contingents being from the UK (31%), Belgium (15%), France (12%), Germany (7%), Poland (6%) and the Netherlands (5%). These figures are based on the institutions that the delegates represented not nationality. The plenary sessions included Europe in post-Covid Times, New Directions for the Future of Europe and New Directions for France in the EU.

Origin of participants for the 2022 Conference in Lille

----- Start of picture text -----
Africa Asia
0% 1%
Oceania
Americas 0%
1%
UK
31%
EU
64%
Rest of Europe
3%
----- End of picture text -----

3

EVENTS

Events in 2022

SECURING A FUTURE FOR EUROPEAN STUDIES (SAFES)

These events were funded by the Erasmus+ programme of the European Union as part of its Jean Monnet Support to Associations funding:

Maastricht at 30: what next for Europe?, a Graduate Forum research conference held at Maastricht University from 23-24 June. Over 30 delegates attended over 2 days. UACES offered travel grants of up to £200 to participants who attended. Livestreaming of the event was supported by Studio Europa Maastricht.

Doctoral Training Academy: Teaching, held at University of Surrey on 3 December 2022. Over 40 delegates attended the 1-day event. UACES offered travel grants of up to £150 to participants who attended.

The first in our Brussels-based seminar series was held at Press Club Brussels Europe on 19 October 2022. The event examined the Northern Ireland Protocol. Speakers included Dr Giada Lagana (Cardiff University), Dr Mary C. Murphy (University College Cork), Shona Murray and Prof Simon Usherwood (Open University).

UACES/IACES SEMINARS

In 2022, UACES was delighted to continue its partnership with the Irish Association for Contemporary European Studies (IACES) to run a series of seminars looking at the intersection between the various crises facing Europe and how these crises affect the UK and Ireland. The seminars were held virtually via Zoom and there was an additional in-person seminar held at the Press Club in Brussels (as part of the SaFES project).

Events included:

The Future of Europe, 12 January 2022

Security and Defence in the EU, UK and Ireland, 24 March 2022

The Politics of Gender and Sexuality across Ireland, the UK and Europe, 17 June 2022

Northern Ireland Protocol, 19 October 2022

4

PRIZES AND AWARDS

Scholarships

2022

In 2022, UACES was pleased to be able to offer 1 additional scholarship thanks to generous support from the James Madison Charitable Trust (JMCT). The objectives of the Trust are to support and promote studies of federal government whether within or among states, including studies of processes that may lead towards the establishment of such government, and to support or promote education and dissemination of knowledge of these subjects. 1 of the scholarships offered in 2022 reflected these objectives.

UACES Scholarships

UACES/JMCT Scholarships

Next application deadline: 20 October 2023 (1 deadline each year)

Funding available: 1500 GBP per person.

5

PRIZES AND AWARDS

UACES Research Networks

UACES RNs are designed to encourage networking. The selection criteria for this funding stream are published on the UACES website (www.uaces.org/funding/research-networks). UACES has received support from the James Madison Charitable Trust which has allowed us to offer funding for 2 additional research networks for 2020-2025.

RESEARCH NETWORKS ESTABLISHED IN PREVIOUS FINANCIAL YEARS

Communicating Europe (2019-2022)

The Limits of EUrope: Challenging the Crisis of European Integration (2019-2022)

Network of EU-Africa Research (2020-2023)

The Role of Europe in Global Challenges (2020-2023)

(Re)Imagining Territorial Politics in Times of Crisis (2020-2023) [Funded by the James Madison Charitable Trust]

EU-Health Governance (2021-2024)

European Non-violence Network (2021-2024)

NETWORKS ESTABLISHED IN 2021-2022

European Studies in a Relational Universe (2022-2025)

EUFutures (2022-2025) [Funded by the James Madison Charitable Trust]

Trade Implementation and Enforcement Research Network (TIER) (2022-2025)

In 2022, there was no call for Research Network applications.

In 2023, UACES re-launched its Research Network funding stream. You can read more about the newly launched stream at www.uaces.org/funding/research-networks.

New Research Networks (ie those that receive funding from 2024 onwards) will no longer be restricted to a 3-year time limit. They will be offered £2500 of start-up funding and then will have access to a central pot of funding for future activities.

The deadline for applications to run a Research Network is 30 September each year.

6

PRIZES AND AWARDS

Microgrants

In 2021 the UACES introduced a new funding scheme for all members which provides funding of between £100 and £500 to support one-off research needs. There is up to £4000 available for microgrants each year. There are 3 application deadlines per year: 31 March, 31 July and 30 November.

MEMBERS WHO RECEIVED MICROGRANTS AWARDED IN 2022

Find out more about microgrants at: https://www.uaces.org/funding/microgrants.

7

PRIZES AND AWARDS

Prizes and Awards

BEST BOOK AND BEST PHD THESIS

Since 2005, UACES has awarded each year, a prize for the Best Book and Best PhD thesis in contemporary European Studies. The awards are traditionally presented at the Annual Conference.

The 2022 book prize winner was: Elena Baracani, EU-Turkey Relations - A new Direction for EU Foreign Policy?

The 2022 Thesis Prize winner was: Marij Swinkels (Utrecht University), The Role of EU Leaders and Ideas in Managing the Eurozone crisis: Navigating Uncharted Territory

LIFETIME ACHIEVEMENT AWARD

In 2022 the lifetime achievement award was awarded to Prof Loukas Tsoukalis.

JCMS PRIZE

The prize for best article in 2022 has not yet been awarded.

JCER PRIZE

In 2016-17 UACES launched a new prize: the Luke Foster JCER Prize for Best Article by an Early-Career Researcher. The prize is awarded in memory of our late Executive Director, Luke Foster.

The winner of the 2022 Luke Foster Prize for Best Article is:

Raquel Vega Rubio, Alvaro Oleart, Kolja Raube, ‘Parties in the “twilight zone”: Beyond first and secondorder elections for the 2019 European Parliament elections in Spain’, 17 (3): 349-368. https://doi.org/10.30950/jcer.v17i3.1224.

8

PRIZES AND AWARDS

The runner up is:

Brice Didier, ‘The European Union and the Liberal International Order in the Age of ‘America First’: Attempted Hedging and the Willingness-Capacity Gap’, 17 (1): 23-42. https://doi.org/10.30950/jcer.v16i3.1097

9

PUBLICATIONS

Journal of Common Market Studies

IN 2022

Editors: Toni Haastrup and Richard Whitman (until 30/6/22) / Paul James Cardwell, Roberta and Guerrina and Gabriel Siles-Brugge (from 1/7/22).

Book Reviews Editors: Ruby Gropas and Gaby Umbach

Annual Review Editors: Theofanis Exadaktylos and Emanuele Massetti

ISSN: 0021-9886 (print), 1468-5965 (online)

Volume 60 was published, comprising:

Issue 1: Special Issue guest edited by Amy Verdun & Valerie d’Erman

Issues 2-6: General Issues

The JCMS Annual Review of the European Union in 2021 (ISBN: 978-1-119-85751-8)

LECTURES

The JCMS Annual Lecture 2022 took place at the EUSA general conference in Miami. It was given by Catherine E. de Vries and was titled ‘A Union Forged in Crisis? How Existential Challenges Are Bringing Europeans Together (or Not).’

The JCMS Annual Review Lecture took place at the European University Institute in Florence on 25 November 2022. It was given by Claudio Radaelli and was titled ‘Policy Learning and European Integration.’

DOWNLOADS AND SUBSCRIPTIONS

There were over 597k full text downloads of JCMS articles in 2022. Of these, 20% were downloaded from servers in the UK, 11% in the Netherlands, 10% in Germany, 9% in the USA and 5% in Belgium.

The top 5 downloaded articles in 2022 were:

Why There is a Democratic Deficit in the EU Andrea Follesdal and Simon Hix, 44:3. https://doi.org/10.1111/j.1468-5965.2006.00650.x. (9073, 1[st] in 2021)

The European Union and the Securitization of Migration , Jef Huysmans, 38:5. https://doi.org/10.1111/1468-5965.00263. (8555, 2[nd] in 2021)

10

PUBLICATIONS

A Decolonial Project for Europe Gurminder Bhambra, 60:2. https://doi.org/10.1111/jcms.13310. (6150)

The European Green Deal: More than an Exit Strategy to the Pandemic Crisis, a Building Block of a Sustainable European Economic Model Annette Bongardt and Francisco Torres, 60:1. https://doi.org/10.1111/jcms.13264. (4855)

For individual subscribers, Wiley continues to offer UACES members the cheapest subscription rates for the JCMS.

11

PUBLICATIONS

Journal of Contemporary European Research (JCER)

JCER is an open-access online-only Journal available at www.jcer.net.

Editors: Christopher Huggins, Kenneth McDonagh and Rachael Dickson

Teaching & Learning Editor: Nele Ewers-Peters

Following several years of discussion, the UACES Trustees and Executive Director have come to the difficult decision to close the Journal of Contemporary European Research (JCER).

UACES is committed to maintaining the JCER articles online and ensuring that all issues of the journal remain freely accessible to the public on a long-term, ongoing basis. We have also taken steps to ensure that all articles published in the journal will be archived with Portico under a LOCKSS system.

The final issue of JCER was published in August 2023.

ISSN: 1815-347X (online)

Volume 18 was published, comprising:

Issue 1: General Issue

Issue 2: Special Issue on Teaching and Learning ‘Europe’ in ‘the Periphery’: Disciplinary, Educational and Cognitive Boundaries of European Studies edited by Basak Alpan and Thomas Diez

The top 5 most viewed articles in 2022 were:

Helen Drake and Pauline Schnapper, ‘‘We thought we were friends!’: Franco-British bilateral diplomacy and the shock of Brexit’, 17 (4). https://doi.org/10.30950/jcer.v17i4.1241.

Sofia Vasilopoulou, ‘Varieties of Euroscepticism: The Case of the European Extreme Right’, 5 (1). https://doi.org/10.30950/jcer.v5i1.106.

Anna Szolucha, ‘The EU and ‘Enlargement Fatigue’: Why Has the European Union Not Been Able to Counter ‘Enlargement Fatigue’?’, 6 (1). https://doi.org/10.30950/jcer.v6i1.124.

Borja Garcí a, ‘UEFA and the European Union: From Confrontation to Co-operation?’, 3 (3). https://doi.org/10.30950/jcer.v3i3.52.

Martijn Kool and Trineke Palm, ‘Crafting Emotions: The valence of time in narratives about the future of Europe in the Council of Europe (1949)’, 17 (4). https://doi.org/10.30950/jcer.v17i4.1170.

12

PUBLICATIONS

Routledge-UACES Contemporary European Studies series

The book series was established in 2006. Since then, 67 titles have been published, with many subsequently released as paperbacks. Routledge continues to make the books available to UACES members at a reduced price.

In 2022, UACES appointed new editors for the series. The new editorial team is: Eleanor Brooks, Ben Farrand, Helena Farrand Carrapico and Benjamin Martill.

In 2022 there were 2 new books published in the series.

13

UACES COMMITTEE

Framework for Delivering Benefit

The Association is governed by a committee which includes a Chair, a Secretary, a Treasurer and an Equality, Diversity and Inclusion (EDI) Officer. In addition to the Committee, there are working groups which undertake specific tasks. The student and early career members of the Association are represented by the UACES Graduate Forum.

OFFICERS

Chair: Professor Simon Usherwood (term ends 9/2024)

Treasurer: Dr Rosa Maria Fernandez Martin (term ends 9/2025)

Secretary: Dr Kathryn Simpson (term ends 9/2023)

Equality, Diversity & Inclusion: Professor Roberta Guerrina (term ends 9/2023)

The Officers, through their leadership, are responsible for enabling the UACES Committee and Staff to fulfil their responsibilities in the governance and strategic direction of the Association.

The Officers also have specific responsibilities with regards to the provision of banking services and investments.

COMMITTEE

The Committee comprises four elected Officers, six elected Committee members and a number of coopted Committee members. The editors of the Journal of Common Market Studies, the editors of the Journal of Contemporary European Research and the Chair of the UACES Graduate Forum all sit on the Committee in an ex-officio capacity.

Responsibilities of the Committee include:

Membership issues (promoting contemporary European Studies, recruitment, retention, delivering benefits, supporting the activities of members)

Publications (including the JCMS, JCER, CES book series, UACES News and the UACES Blog)

Encouraging and developing the next generation (including the evaluation and selection of UACES Scholarships)

Delivering projects funded by grant-making bodies (e.g. the EC funded Jean Monnet grants)

A list of all the Committee members can be found at www.uaces.org/about/committee-and-staff.

14

UACES COMMITTEE

Working Groups

EVENTS WORKING GROUP

Convenor: UACES Secretary

The role of the working group is to ensure the success of the Annual Conference and other UACES events, including those organised by the Graduate Forum.

Some specific responsibilities of the working group include: planning UACES’s calendar of events throughout the year, evaluation of potential venues for the Annual Conference and selection of research papers and panels for the Annual Conference.

ENGAGEMENT WORKING GROUP

Convenor: UACES Treasurer

This working group’s remit is to look at collaborative activities and fundraising opportunities. It is also their role to engage with the European Studies community and the wider community outside the subject area. They are responsible for developing a media and marketing strategy and the digital initiatives of the Association.

Some specific responsibilities of the working group include: Evaluation, selection and oversight of the UACES Research Networks, evaluation and selection of UACES Scholarships, judging the Best Book and Best PhD prizes, fundraising and finances and collaboration with other academic associations.

TEACHING WORKING GROUP

Convenor: UACES Chair

This working group looks at how UACES can support the development of Teaching and Learning in the European Studies subject area. They are responsible for the organisation of teaching and learning panels at the UACES annual conference.

EQUALITY, DIVERSITY & INCLUSION (EDI) WORKING GROUP

Convenor: Equality, Diversity & Inclusion Officer

This working group oversees the implementation of our EDI policy and ensures that consideration of EDI issues is at the heart of all UACES activities. The group is responsible for developing an EDI strategy which will underpin all areas in which UACES works.

15

UACES FINANCES

Statement of Financial Activities 1 January 2022 – 31 December 2022

In line with Charity Commission requirements, the accounts for 2022 have been independently examined.

1/1/22-31/12/22 1/1/21-31/12/21
INCOMING RESOURCES:
Donations and Legacies 46,264 24,553
Charitable Activities 79,752 69,798
Other trading activities 225,774 207,380
Investment Income 2,441 3,401
Total incoming resources 354,231 305,132
RESOURCES EXPENDED:
Raising Funds
Charitable Activities (319,514) (258,138)
Total Resources Expended (319,514) (258,138)
NET INCOMING RESOURCES 34,717 46,994
OTHER RECOGNISED GAINS &
LOSSES:
Gains from sale of investments 0 0
NET MOVEMENT IN FUNDS: 34,717 46,994
Fund balances at 1 January 2022 433,381 386,387
FUND BALANCES AT 31 December 468,098 433,381
2022

16

UACES FINANCES

Balance Sheet at 31 December 2022

31 DECEMBER 2022 31 DECEMBER 2021
FIXED ASSETS
Tangible Assets 9,199 9,672
CURRENT ASSETS
Debtors 235,429 219,239
Cash at bank and in hand 325,708 327,234
Total Current Assets 561,137 546,473
Current Liabilities
Creditors: Amounts falling due within (102,238) (122,764)
**one year **
Net Current Assets 458,899 423,709
NET ASSETS 468,098 433,381
FUNDS
At 1 January 2022 433,381 386,387
Profit for the year 34,717 46,994
At 31 December 2022 468,098 433,381
TOTAL FUNDS 468,098 433,381

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