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||~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|
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||FORTHE YEA|RENDED 31DECEMBER|2022|
|---|---|---|---|
|||2022|2021|
||Note|||
|Incomin
Resources||||
|Membership||261,643|261,058|
|Examinations||163,454|208,922|
|Registration
ofschools||39,651|38,681|
|Booklets and leaflets||4,740|14,199|
|Gift Aid —covenanted|income|3,602|6,354|
|Magazine||1,599|5,169|
|Other income|||12|
|Net investment
(charge)/||||
|income|2|(7,028)|3,980|
|Workshops||15,521||
|Total incoming resources||483,182|538,375|
|Resources Ex ended||||
|Cost ofgenerating
funds:||||
|Fundraising
expenses||||
|Charitable
expenditure:||||
|Direct charitable||||
|expenditure||93,717|50,190|
|Management
and||||
|administration||268,326|251,662|
|Total resources expended||362,043|301,852|
|Net surplus for the year||121,139|236,523|
|Value adjustments
in respect of||||
|investments
—unrestricted||(37,328)|11,208|
|Total surplus for the year||83,811|247,731|
|Fund balances brought|forward|1,039,783|792,052|
|Fund balances carried|forward|61,123,594|61,039,783|
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|BALANCE|SHEET AT 31DECEMBER 2022|SHEET AT 31DECEMBER 2022||
|---|---|---|---|
||Note|||
|||2022|2021|
|FIXEDASSETS||||
|Tangible assets||328,143|335,774|
|||328,143|335,774|
|CURRENT ASSETS||||
|Debtors and prepayments||17,340||
|Investments||344,032|388,955|
|Cash at bank||469,210|340,901|
|||830,582|729,856|
|CREDITORS: amounts falling due||||
|within one year||(35,131)|(25,847)|
|NET CURRENT ASSETS||795,451|704,009|
|TOTAL ASSETS||f.1,123,594|E1,039,783|
|Represented
by:||||
|UNRESTRICTED FUNDS|10|61,123,594|61,039,783|
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|2.
NET IN|VESTMENT
CHARGES
INCOME|||
|---|---|---|---|
|||2022|2021|
|Interest on|cash deposits|101||
|Other interest received||3,092||
|Dividends|received|5,878|2,203|
|Other income distributions||495|119|
|(Loss)/gain|on disposal ofinvestments|(13,848)|1,870|
|Investment|charges|(2,746)|(1,155)|
|||6(7,028)|E3,980|
|3. DIRECT CHA|RITABLE|EXPENDITURE|||
|---|---|---|---|---|
||||2022|2021|
|Translation
costs|||4,185|3,311|
|Magazines|||14,170|13,544|
|Books purchased|for resale||273||
|Booklets, leaflets|and directories|||3,761|
|Exhibitions and meetings|||||
|Examinations|||26,202|27,916|
|Miscellaneous
costs|||591|243|
|Patents and trademarks|||1,306||
|Research costs (University||ofNorthumbria)|44,191||
|UKconference costs||||90|
|Workshop costs||||259|
|Charity projects|||2,799|1,066|
||||E93,717|E50,190|
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|4. MANAGEMENT
AND ADMINISTRATION
EXPE|NDITURE||
|---|---|---|
||2022|2021|
|Note|||
|6
Gross salaries|156,808|149,825|
|Other staff costs|3,856|2375|
|Staff training and recruitment||1,030|
|Office heating, lighting and council tax|6,143|1,356|
|Office telephone
and internet|5,657|4,019|
|Website|||
|Postage, printing
and stationery|43,953|40,293|
|Travel, accommodation
and|||
|council expenses|2,746|3,233|
|Property
service charges and insurance|1,295|5,840|
|Advertising||440|
|Bank charges|7,383|6,636|
|Book-keeping and accountancy|3,608|3,763|
|Professional
Standards
Authority|11,503|14,413|
|Other associations|1127|1,103|
|Independent
examiner's
fee|3,780|3,600|
|Repairs and low value assets|2,091|1,667|
|Computers
and ITmaintenance|5,042|10|
|Depreciation
—leasehold property|7,631|7,631|
|Photocopier
rental|5,703|4,428|
||E268,326|K251,662|
|5. OPERATING SURPLUS|||
|Operating
surplus is shown after charging:|||
||2022|2021|
|Depreciation
on tangible fixed assets|B7,631|f:7,631|
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|6. STAFFCOSTS|||
|---|---|---|
||2022|2021|
|Wages and salary|135,459|129,756|
|Social security costs|10,552|9,285|
|Pension costs|10,797|10,784|
||E156,808|E149,825|
||2022|2021|
|---|---|---|
||{NNo.|{NNo.|
|Direct charitable work|||
|7. TANGIBLE FIXEDASSETS|||
||Leasehold||
|COST|Property||
|At 1January
and 31December 2022|381,560||
|DEPRECIATION|||
|As at 1January 2022|45,786||
|Charge for the period|7,631||
|As at31December 2022|53,417||
|NET BOOKVALUE|||
|As at 31December 2022|E328,143||
|As at31December 2021|6335,774||
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||||||2022|2021|2021||
|---|---|---|---|---|---|---|---|---|
||Listed investments||||F.344,032||f:388,955||
||At the reporting|date, listed investments
held with Quilter Cheviot Limited are held|||||at their||
||market value, in|accordance with their valuation|||report prepared
by Quilter|Cheviot.|||
|9.|CREDITORS: Amounts
fallin||due|within one|ear||||
||||||2022|2021|||
||Trade creditors||||27,613|||9,553|
||Accruals||||3,780|||3,600|
||Social security and other taxes||||3,738|||4,949|
||Income received|in advance||||||7,745|
||||||E35,131||6|25,847|
|10. ACCUMULATED
FUND - UNRESTRICTED|||||||||
||||||2022|2021|||
||Balance at 1January 2022||||1,039,783||792,052||
||Excess ofincome|over expenditure||for the year|83,811||247,731||
||Balance at31December 2022||||61,123,594||61,039,783||
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