Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 6 04 2021 To 05 04 2022
Section A Reference and administration details
Charity name[The International Network of Business & Management ] Journal Editors (INBAM) 1171512 Tremain House 8 Maple Drive Winchester Postcode SO23 7NG
Other names charity is known by
Registered charity number (if any) 1171512
Charity's principal address Tremain House
Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Baba Vishwanath Members in General
1
Meeting
Vlad Vaiman Members in General
2 Meeting
William Paul Members in General
3
Jones Meeting
Levent Altinay Members in General
4
Meeting
Members in General
5
Meeting
6
Names of the trustees for the charity, if any, (for example, any custodian
trustees)
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Name Dates acted if not for whole year
Adrian Ziderman
Robert Andrew
Blackburn
John Bruce Tracey
William Paul Jones
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Names and addresses of advisers (Optional information)
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Type of adviser
Address
Name
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution
- (eg. trust deed, constitution)
A Charitable Incorporated Organisation How the charity is constituted
(eg. trust, association, company)
Trustee selection methods
Elected by the voting members in general meeting
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
In this year, the trustees have met on a regular basis via Skype/Zoom (as one trustee is based in Israel, one in the USA and two in the UK. All trustee meetings are minuted. There is an Executive comprising of a President, Senior Vice-President, VicePresident, and Treasurer elected by the members in general meeting. The Executive report on a regular basis to the Trustees and the President. A wider network within which the charity works includes the GLO – the Global Labor Organisation (see section D), the Society for the Advancement of Management Studies, the British Academy of Management, the European Council for Small Business and Entrepreneurship, COPE (The Committee on Publication Ethics) various universities across the world, scientific and professional organisations whose principal business concerns research in business, management, accounting and finance and associated social science disciplines together with the key academic publishers namely Elsevier, Emerald, Sage, Springer Palgrave and Taylor & Francis Wiley. Furthermore, in the coming year, INBAM will look to further develop networks with other learned societies such as the Academy of Management and the European Academy of Management.
Section C Objectives and activities
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Summary of the objects of the charity set out in its governing document
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
To advance the education of the public in general (and particularly amongst academic researchers) on publishing research in journals of business, management and associated social sciences, and to promote that research where possible for the public benefit and to support and encourage the education of young researchers, early and later career academics wherever they may live or work, in the development, composition and publishing of their research papers in reputable journals.
The trustees have had regard to the guidance issued by the Charity Commission’s Guidance on the public benefit when exercising any powers or duties in public and especially during trustee meetings. The charity was set up to advance the education of the general public but particularly the education of young business and management researchers, in the complex development and operation of publishing research into the public domain via top-tier journals produced by the leading publishers. To advance this general objective particular attention and activities have been devoted to enhancing and extending the training and education of young and early career researchers wherever they may live and work, regardless of their gender, faith, income, or status. The publication of highlevel leading-edge business and management research contributes to the more efficient operation and productive management of all kinds of organisations (whether for-profit or not-for profit, public or private) which in turn generates employment and GDP growth. The impact of business and management research is incalculable but known without question to have positive societal benefits. The trustees further the charity’s purpose for the public benefit by raising public awareness through periodically setting up and running workshops, contributing to the work of COPE (The Committee on Publication Ethics) and communicating the value to society of business and management research however obscure or distant this may seem at first glance.
Additional details of objectives and activities (Optional information)
You may choose to include The charity is not involved with grant making activity or further statements, where engaged in investments. All contributions to the work of the relevant, about: charity are made by the members and trustees and the charity accountants and business advisors (Poolemead (Winchester) Ltd policy on grantmaking; who have given freely of their time and expertise. policy programme related investment; contribution made by volunteers. Section D Achievements and performance
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Section D Achievements and performance
Unfortunately it has not been possible to organise any events Summary of the main during the 2021/2022 academic year. The Covid pandemic has achievements of the had a significant negative impact on the University sector charity during the year through increased faculty workloads, reduced research funding and significantly less academic time for research activities. The 2022/2023 academic year has seen some return to “normality” but there remains a legacy effect on the University sector globally with significantly less funding available to support research events. Poolemead Accountants (Winchester) Ltd, Chartered Accountants, continue to provide the registered business address of the charity, postal collection and transfer facilities and general advice on accounting and business systems. INBAM is very grateful for the continued assistance of David Mead and Kay Mead of Poolemead Ltd. Section E Financial review The charity operates on a simple income and expenditure basis Brief statement of the and seeks to ensure that its activities at least break-even charity’s policy on financially. Any surpluses are put back into charity activities in reserves support of the principal objectives. The only reserves are the cash at bank at any given time. There has been no trading activity during this tax year. Details of any funds None materially in deficit
Further financial review details (Optional information)
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Currently there are two main sources of funds:
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You may choose to include additional information, 1. member fees
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where relevant about: and
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the charity’s principal 2. INBAM services in providing publishing workshops. sources of funds (including any During 2021-23 the 2020 AGM agreed that no membership fees
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fundraising); would be payable given the unprecedented impact of the Covid
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how expenditure has Pandemic on the University sector. All expenditure during the supported the key year relates to bank charges, accounting systems, design and objectives of the charity; development of the charity’s website, domain name renewal and email facilities. These activities underpin and support the
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investment policy and work of the charity and pursuit of its key objectives.
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objectives including any ethical investment policy adopted.
Section F Other optional information
The covid-19 epidemic has curtailed INBAM’s work in the 2021-23 academic year. The Board of Trustees will meet to discuss the future of INBAM in coming weeks.
Section G Declaration
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The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) William Paul Jones Position (eg Secretary, Trustee and Treasurer Chair, etc) Date 26/01/2023
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International Network of Business and Management No (if any) Journal Editors (INBAM) 1171512
Receipts and payments accounts
Period start date 4/6/2021
Period end date
For the period from
To
4/5/2022
Section A Receipts and payments
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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) - - - -
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts - - - -
A3 Payments
Unity Bank Service Charges 72 - - 72
1 and 1 Internet Ltd website hosting, web
software and domain annual charge
221 - - 221
B/P to Poolemead Accountants - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 293 ] - - 293
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 293 - - 293
Net of receipts/(payments) - 293 - - - 293
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end - 293 - - - 293
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Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Categories | Details | funds | funds | ||
| B1 Cash funds | Cash at Bank | Total cash funds | to nearest £ 7,596 - - 7,596 |
to nearest £ - - - - |
|
| (agree balances with receipts and payments account(s)) |
Agreement Error | OK | |||
| Unrestricted | Restricted | ||||
| funds | funds | ||||
| B2 Other monetary assets | Details | to nearest £ - - - - - - |
to nearest £ - - - - - - |
||
| B3 Investment assets | Details | Fund to which asset belongs |
Cost (optional) - - - - - |
||
| B4 Assets retained for the | Details | Fund to which asset belongs |
Cost (optional) - |
||
| charity’s own use | - - - - - - - - |
||||
| Fund to which | Amount due | ||||
| B5 Liabilities | Details | liability relates | - - - - - (optional) |
||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | |||
| W.P. Jones | William | Paul | Jones |
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CC16a
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Last year
to the nearest £
-
-
72 214 - - - - - - 286
286 - 286 - - - 286
Endowment funds
to nearest £ - - - -
OK
Endowment funds to nearest £ - - - - - -
Current value (optional) - - - - -
Current value (optional)
When due (optional)
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Date of
approval
1/27/2023
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