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2021-12-31-accounts

ARCTIC RESEARCH GROUP ANNUAL REPORT FOR CHARITY COMMISSION 2021

CONTENTS

TRUSTEES

For the year 2021 Trustees of the Association were as follows: -

Trustees: Mr Ian Frearson (Founder) Prof George Shaw Mr Chris Searston Mr Bernard Frearson Mr Simon Hall

1 OBJECTS OF THE CHARITY

2 LEADER’S REPORT

During 2021 the ARG made good progress with planning its 2022 Arctic expedition, this time to Recherchefjorden in southern Spitsbergen, the main island in the Svalbard archipelago.

By year end the threat to travel from the Covid 19 pandemic had receded somewhat, though it still posed a substantial risk as to whether any expedition could go ahead. During the year the ARG attracted the interest of several young scientists who have now joined the team. They will undertake a number of projects in the field area including an archaeological survey, the clean-up and analysis of seaborne beach rubbish, groundwater work and an architectural study.

The beach rubbish work will also trial new techniques for the recording and analysis of relevant data which can be used on any beach. SALT, a Norwegian research institute, was approached to be our partners in this work (as in 2019) and we are glad to report that this has now grown into a four way collaboration with two further research institutes. Support for this work from a specialist Svalbard environmental fund was sought, and secured, after the end of the reporting period.

Dr Stephen Staley

ARG Leader

3 FINANCES

Once again, as with last year, the omnipresence of restrictions due to Covid has meant another year without field work so the relatively low number of transactions reflects this and likewise the relatively low increases in funds that are seen in the actual financial spreadsheet. The only marked increases of note are the last two at the close of the year where new members were recruited for the forthcoming expedition planned to take place in 2022 It is hoped that an opportunity to undertake some serious research will be available once again soon.

4 AGREEMENT OF TRUSTEES

This report has been circulated to all the Trustees with the understanding that it has to be agreed by them prior to submission. The agreement has been made and no adverse comments about the reports or accounts have been made. Some changes to the actual Trustee members is expected during the next financial year. This will be purely down to desired regular turnover of members so that the new Trustees remain keen and fresh to the tasks put before them. Not an enviable role at this time.

Arctic Research Group 1167722 Receipts and payments accounts CC16a For the period 1:1:2021 31:12:2021 To from

Section A Receipts and payments

Unrestricted
funds
Restricted
funds
Endowment
funds
Endowment
funds
Total funds Last year
to the nearest
£
to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
openingbalance3920 6,586 - - 6,586 973
On line donations 21 - - 21 -
Car Boot sales 400 - - 400 -
Donations 725 - - 725 -
members fees 1,000 - - 1,000 -
- - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)
8,732 - - 8,732 973
A1 Receipts Unrestricted
funds
to the nearest
£
6,586
21
400
725
1,000
-
-
8,732
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
Total funds
to the nearest £
6,586
21
400
725
1,000
-
-
-
8,732
Total funds
to the nearest £
6,586
21
400
725
1,000
-
-
-
8,732
Last year
to the nearest £
openingbalance3920 6,586 - -
-
-
-
-
-
-
-
-
6,586 973
On line donations 21 - 21 -
Car Boot sales 400 - 400 -
Donations 725 - 725 -
members fees 1,000 - 1,000 -
- - -
- - - -
- - - -
Sub total(Gross income for
AR)
8,732 - 8,732 973
A2 Asset and investment sales,
(see table).
-
8,732
300
1,246
50
38
-
-
-
-
1,634
-
-
-
1,634
7,098
-
7,098
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8,732
300
1,246
50
38
-
-
-
-
-
1,634
-
-
-
1,634

7,098
share sales -
-
-
-
-
Sub total - - -
Total receipts
A3 Payments
- 8,732 973
Storage 300 -
-
-
-
-
-
-
-
-
-
300 -
Immerson Suitspurchase 1,246 1,246 -
car boot float 50 50 -
Go Daddy 38 38 -
- -
- - -
- - -
- - -
- - -
**Sub total ** 1,634 1,634 -
A4 Asset and investment
purchases, (see table)
- -
-
-
-
- -
**Sub total ** - - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 1,634 -
7,098 - -
7,098
973
- - -
-
- -
- - -
7,098 - - 7,098 973

CCXX R1 accounts (SS)

04/10/2022

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
retained in Svalbard
Barclays Bank a/c
Details
Details
Details
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
1,000
-
7,098
-
-
-
8,098
-
Agreement Error
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Ian Frearson
Chris Searston
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Ian Frearson 26-Sep-22
Chris Searston 29-Sep-22

CCXX R2 accounts (SS)

04/10/2022

2