| ~pa e | |
|---|---|
| Company information |
|
| Report ofthe Executive Committee | 2-5 |
| Report ofthe Independent Examiner |
|
| Statement ofFinancial Activities | |
| Balance sheet | |
| Notes to the Financial Statements | 9-14 |
| Tracee Cossey | ||||
|---|---|---|---|---|
| Jacqueline Cotterill |
||||
| Josie Donaldson | (appointed | 5June 2021) | ||
| Sara Hawkins | ||||
| Ian Iceton | (resigned 5June 2021) | |||
| Kim Lahiri- | ||||
| Jane Langridge | (appointed | 5June 2021) | ||
| Nana Mensah | ||||
| Alison Savage | ||||
| Martyn Yates | ||||
| Company | Secretary: | Damon Broad | (appointed | 5June 2021) |
| George Zachanas | (resigned 5June 2021) |
| 2021 | 2020 | ||
|---|---|---|---|
| Note | |||
| Incomin Resources |
|||
| Membership | 261,058 | 259,988 | |
| Examinations | 208,922 | 10,501 | |
| Registration ofschools |
38,681 | 35,291 | |
| Booklets and leaflets | 14,199 | 10,842 | |
| Gift Aid —covenanted | income | 6,354 | |
| Magazine | 5,169 | 6,165 | |
| Other income | 12 | 337 | |
| Net investment income |
2 | 3,980 | |
| Workshops | 1,430 | ||
| Total incoming resources | 538,375 | 324,554 | |
| Resources E ended |
|||
| Cost ofgenerating funds: |
|||
| Fundraising expenses |
|||
| Charitable expenditure: |
|||
| Direct charitable | |||
| expenditure | 50,190 | 22,658 | |
| Management and |
|||
| administration | 251,662 | 259,317 | |
| Total resources expended | 301,852 | 281,975 | |
| Net surplus for the year | 236,523 | 42,579 | |
| Value adjustments in respect of |
|||
| investments —unrestricted |
11,208 | ||
| Total surplus for the year |
247,731 | 42,579 | |
| Fund balances brought forward | 792,052 | 749,473 | |
| Fund balances carried | forward | 61,039,783 | 6792,052 |
| 2. NET INVESTMENT INCOME |
||
|---|---|---|
| 2021 | 2020 | |
| Interest on cash deposits | 943 | |
| Dividends received |
2,203 | |
| Other income distributions | 119 | |
| Gain on disposal ofinvestments | 1,870 | |
| Investment charges |
(1,155) | |
| 63,980 | ||
| 3. DIRECT CHARITABLE EXPENDITURE | ||
| 2021 | 2020 | |
| Translation costs |
3,311 | 3,593 |
| Magazines | 13,544 | 12,409 |
| Booklets, leaflets and directories | 3,761 | 2,374 |
| Exhibitions and meetings |
66 | |
| Examinations | 27,916 | 696 |
| Miscellaneous costs |
243 | 657 |
| UK conference costs | 90 | |
| Workshop costs | 259 | 116 |
| Charity projects | 1,066 | 2,747 |
| E50,190 | 22,658 |
| 4. MANAGEMENT AND ADMINISTRATION EXPEN |
DITURE | |
|---|---|---|
| 2021 | 2020 | |
| Gross salaries | 149,825 | 156,377 |
| Other staff costs | 2,375 | 2,578 |
| Staff training and recruitment | 1,030 | |
| Office heating, lighting and council tax | 1,356 | (5,820) |
| Office telephone and internet | 4,019 | 6,402 |
| Website | 1,775 | |
| Postage, printing and stationery |
40,293 | 31,812 |
| Travel, accommodation and |
||
| council expenses | 3,233 | 1,966 |
| Property service charges and insurance | 5,840 | 2,723 |
| Advertising | 440 | |
| Bank charges | 6,636 | 10,645 |
| Book-keeping and accountancy | 3,763 | 3,345 |
| Professional Standards Authority |
14,413 | |
| Other associations | 1,103 | 1,299 |
| Independent examiner's fee |
3,600 | 3,600 |
| Repairs | 1,667 | 4,038 |
| Computers and ITmaintenance |
10 | 26,921 |
| Depreciation —leasehold proper+ |
7,631 | 7,631 |
| Photocopier rental | 4,428 | 4,025 |
| E251,662 | E259,317 | |
| 5. OPERATING SURPLUS |
||
| Operating surplus is shown after charging: |
||
| 2021 | 2020 | |
| Depreciation on tangible fixed assets |
E7,631 | 67,631 |
| 6. STAFF COSTS | ||
|---|---|---|
| 2021 | 2020 | |
| Wages and salary | 129,756 | 131,682 |
| Social security costs | 9,285 | 8,988 |
| Pension costs | 10,784 | 15,707 |
| E149,825 | 6156,377 |
| Direct charitable work |
|
|---|---|
| 7. TANGIBLE FIXEDASSETS |
|
| Leasehold | |
| Property | |
| COST | |
| At 1January and 31December 2021 |
381,560 |
| DEPRECIATION | |
| As at1January 2021 | 38,155 |
| Charge for the period | 7,631 |
| As at 31December 2021 | 45,786 |
| NET BOOKVALUE | |
| As at31December 2021 | E335,774 |
| As at 31December 2020 | E343,405 |
| 2021 | 2020 | |
|---|---|---|
| 6 | 388,955 |
| 7. | CREDITORS: Amounts fallin |
due | within one | ear | |||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Other creditors | 9,553 | 5,070 | |||||
| Accruals | 3,600 | 32,277 | |||||
| Social security and other taxes | 4,949 | 3,267 | |||||
| Income received in advance | 7,745 | 106,178 | |||||
| E25,847 | E146,792 | ||||||
| 8. | ACCUMULATED FUND - UNRESTRICTED |
||||||
| 2021 | 2020 | ||||||
| Balance at 1January 2021 | 792,052 | 749,473 | |||||
| Excess ofincome over expenditure | for the year | 247,731 | 42,579 | ||||
| Balance at31December 2021 | E1,039,783 | E | 792,052 |