REGISTERED CHARITY NUMBER: 1174815
Report of the Trustees and
Financial Statements for the Year Ended 31 December 2020
for
Group Analytic Society ,International
Purcells, Chartered Accountants 4 Quex Road London NW6 4PJ
Group Analytic Society ,International
Contents of the Financial Statements for the Year Ended 31 December 2020
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |
Group Analytic Society ,International
Reference and Administrative Details for the Year Ended 31 December 2020
TRUSTEES D Glyn - President A Golz (resigned 4.10.20) T Despotovic K Husemann (resigned 4.10.20) C Penna K Valbak (resigned 4.10.20) L Wotton P Zelaskowski (resigned 4.10.20) M J Milstein A Mulasso F Bascialla (appointed 4.10.20) R von Hodenberg (appointed 4.10.20) PRINCIPAL ADDRESS 1 Daleham Gardens London NW3 5BY REGISTERED CHARITY 1174815 NUMBER INDEPENDENT EXAMINER Purcells, Chartered Accountants 4 Quex Road London NW6 4PJ
Page 1
Group Analytic Society ,International
Report of the Trustees
for the Year Ended 31 December 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Group Analytic Society International introduced their first report and financial statements as a charitable incorporated organisation (CIO) for the charity's first accounting period, from registration with the Charity Commission on 25th September, 2017 to 31st December, 2018. The new CIO commenced operation on 1st April, 2018.
The trustees also took the decision to change the financial period, moving from the original Trust's year end of 31st March to follow the 1st January to 31st December calendar year for accounting purposes as this coincides with the subscription year. The funds of the original trust were merged with the new CIO with effect from 1st April, 2018. This meant that the first Trustee Report for the CIO covered the period of activities from 1st April, 2018 to 31st December, 2018. i.e. a 9 month period rather than a full 12 months.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal charitable objective of the Society is the relief of those suffering from psychiatric disorders and in need of treatment. In furtherance of this objective, the Society:
-
Promotes study, research and education for work in the field of group analysis, internationally;
-
Prints and/or publishes and distributes the journal of the Society, 'Group Analysis', and the Society's newsletter 'Contexts' to promote the exchange of ideas relating to group analysis;
-
Holds workshops, with reduced rates for students, to develop group analytic theory and practice internationally.
Significant activities
The Society's activities for the year 2020 have been affected by the COVID-19 pandemic. As a consequence, the running of day and multi-day workshops have been affected. The Annual Foulkes Lecture and study day was postponed to May 2021, the Barcelona Symposium in September was cancelled and instead a shorter on-line version took place. Also, a weekly On-line Group Experience was held every Sunday for 3 months (April, May & June), with a final Large Group Experience Review at the end of July. Two webinars (Haim Weinberg & Morris Nitsun) and other members group meetings such as the Seasonal Members Gathering were held.
Activities included maintaining and encouraging the use of the King's Fund Library, jointly owned with the Institute of Group Analysis; managing the finances appropriately; and in particular encouraging at an international level the use, expansion of and research into group analysis as a psychological treatment and as a method for understanding the self and society as a unified process and for the enlightenment of psychotherapy and other healthcare professions.
Public benefit
In planning our activities for the year, the Management Committee ensures that its objectives comply with the Charity Commission's guidance on public benefit.
Grantmaking
The Society makes grants to support members on student or other lower incomes by subsidising their attendance at conferences, lectures and workshops.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The trustees consider that the activities of the charity during the period under review were very satisfactory.
Fundraising activities
The Group Analytic Society International Fund has been established to provide a specific fund for donations to support the work of new and emerging group analytic ideas, projects and bursaries. At 31st. December, 2020, the Fund balance stood at £23,979.
Page 2
Group Analytic Society ,International
Report of the Trustees
for the Year Ended 31 December 2020
ACHIEVEMENT AND PERFORMANCE
Investment performance
The trustees consider that the performance of the charity's investments was satisfactory in view of market conditions.
FINANCIAL REVIEW
Financial position
The statement of financial activities shows an overall surplus for the year of £31,043 compared with a surplus for the previous year of £18,225. The surplus in the year is considered to be satisfactory, given the effects of the COVID-19 Pandemic with the necessary cancellation of workshops such as the Foulkes Lecture and the Symposium in Barcelona and also given the decision to risk organising the Symposium online.
Principal funding sources
The principal funding source of the society is subscription income from the membership.
Investment policy and objectives
The charity has power to invest funds not immediately required for its general purposes in or upon such investments as thought fit.
The trustees' investment objectives continue to be to:
-
generate income to further the objectives of the charity;
-
safeguard the assets and business continuity of the charity;
-
comply with the conditions attached to the restricted funds;
-
meet the requirements of the reserves policy.
It continues to be the trustees' policy, for the foreseeable future, to maintain a diversified portfolio of cash deposits and equities. This policy will be kept under regular review.
Reserves policy
Reserves are set aside to provide financial stability to the charity and to support its long term aims. Currently, the charity's policy is to maintain reserves equivalent to approximately 12 months' expenditure.
FUTURE PLANS
The Society intends to continue to expand its charitable activities in furtherance of its objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation (CIO).
Charity constitution
Following the AGM in November 2016, the Society made the decision to merge Group Analytic Society International (Registered charity No. 281387 established in 1952) with a new Charitable Incorporated Organisation (CIO) of the same name within two years. The decision was driven primarily by the desire to take advantage of the separate legal personality and limited legal liability for trustees. The new CIO was registered with the Charity Commission on 25th September, 2017 and commenced operation on 1st April, 2018.
Recruitment and appointment of new trustees
The charity is managed by its Management Committee, most of whose members become Trustees. The recruitment and appointment of members of the Management Committee and trustees is regulated by the constitution. The Management Committee consists only of full members of the Society and they are elected by the membership for a period of office no longer than 3 years, with a possible further period of 3 years following that.
Page 3
Group Analytic Society ,International
Report of the Trustees
for the Year Ended 31 December 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The Management Committee usually meets six times a year over a weekend. Half the meetings are usually conducted electronically and half are conducted face-to-face. However, due to the COVID-19 Pandemic, this has changed to monthly meetings which take place via Zoom. The meetings are either for 2 or 3.5 hours in duration. The Finance Committee also meets monthly for 1.5 hours via Zoom. During these meetings, all matters regarding the management and execution of the Society's charitable aims and objectives are discussed and decided upon.
Decision making
Decisions are reached by consensus or when necessary by majority vote among the (at maximum) 11 voting members attending.
Induction and training of new trustees
Newly appointed trustees are given guidance about their responsibilities as trustees, as well as the last set of financial statements of the Society. Guidance on financial responsibilities and entitlements is also provided. The Management Committee members attend an annual away-day during which the strategic direction of the Society and the performance of the Committee is discussed.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
02/06/2021
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ D Glyn - Trustee
Page 4
Independent Examiner's Report to the Trustees of Group Analytic Society ,International
Independent examiner's report to the trustees of Group Analytic Society ,International
I report to the charity trustees on my examination of the accounts of Group Analytic Society ,International (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
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:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable 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.
R S Coleman, BA (Hons) Acc., FCCA Purcells, Chartered Accountants 4 Quex Road London NW6 4PJ
8th June, 2021 Date: .............................................
Page 5
Group Analytic Society ,International
Statement of Financial Activities
for the Year Ended 31 December 2020
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 73,631 Charitable activities Education services 27,701 Investment income 2 3,996 Total 105,328 EXPENDITURE ON Charitable activities Education services 79,379 Net gains on investments 6,782 NET INCOME/(EXPENDITURE) 32,731 Transfers between funds 10 (1,582) Net movement in funds 31,149 RECONCILIATION OF FUNDS Total funds brought forward 151,722 TOTAL FUNDS CARRIED FORWARD 182,871 |
Restricted funds £ - - 49 49 3,073 1,336 (1,688) 1,582 (106) 39,922 39,816 |
31.12.20 31.12.19 Total Total funds funds £ £ 73,631 75,837 27,701 42,397 4,045 4,318 105,377 122,552 82,452 124,852 8,118 20,525 31,043 18,225 - - 31,043 18,225 191,644 173,419 222,687 191,644 |
31.12.20 31.12.19 Total Total funds funds £ £ 73,631 75,837 27,701 42,397 4,045 4,318 105,377 122,552 82,452 124,852 8,118 20,525 31,043 18,225 - - 31,043 18,225 191,644 173,419 222,687 191,644 |
|---|---|---|---|
| 122,552 124,852 20,525 |
|||
| 18,225 - |
|||
| 18,225 173,419 |
|||
| 191,644 |
The notes form part of these financial statements
Page 6
Group Analytic Society ,International
| Balance Sheet 31 December 2020 Notes FIXED ASSETS Tangible assets 6 Investments 7 CURRENT ASSETS Prepayments and accrued income Cash at bank and in hand CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
31.12.20 £ 1,411 136,333 137,744 6,594 128,480 135,074 (50,131) 84,943 222,687 222,687 182,871 39,816 222,687 |
31.12.19 £ 952 126,634 127,586 8,909 119,105 128,014 (63,956) 64,058 191,644 191,644 151,722 39,922 191,644 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 2nd June, 2021
............................................. D Glyn - Trustee ............................................. R von Hodenberg - Trustee
The notes form part of these financial statements
Page 7
Group Analytic Society ,International
Notes to the Financial Statements
for the Year Ended 31 December 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| The King's Fund Library | - 10% on reducing balance |
|---|---|
| Fixtures and fittings | - 33% on reducing balance |
| Computer equipment | - 33% on reducing balance |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| Dividend income | 3,887 | 4,007 |
| Deposit account interest | 158 | 311 |
| 4,045 | 4,318 |
continued...
Page 8
Group Analytic Society ,International
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
Travelling expenses of attending Management Committee meetings totalling £2,371 were reimbursed to the 10 trustees and co-opted members.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
5.
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| Education services | 1 | 1 | |
| No employees received emoluments in excess of £60,000. | |||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 75,836 | 1 | 75,837 |
| Charitable activities | |||
| Education services | 42,397 | - | 42,397 |
| Investment income | 4,240 | 78 | 4,318 |
| Total | 122,473 | 79 | 122,552 |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Education services | 124,852 | - | 124,852 |
| Net gains on investments | 17,468 | 3,057 | 20,525 |
| NET INCOME | 15,089 | 3,136 | 18,225 |
| Transfers between funds | (8,218) | 8,218 | - |
| Net movement in funds | 6,871 | 11,354 | 18,225 |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 144,851 | 28,568 | 173,419 |
| TOTAL FUNDS CARRIED FORWARD | 151,722 | 39,922 | 191,644 |
continued...
Page 9
Group Analytic Society ,International
Notes to the Financial Statements - continued
for the Year Ended 31 December 2020
6. TANGIBLE FIXED ASSETS
| COST At 1 January 2020 Additions At 31 December 2020 DEPRECIATION At 1 January 2020 Charge for year At 31 December 2020 NET BOOK VALUE At 31 December 2020 At 31 December 2019 FIXED ASSET INVESTMENTS MARKET VALUE At 1 January 2020 Additions Revaluations At 31 December 2020 NET BOOK VALUE At 31 December 2020 At 31 December 2019 |
The King's Fund Library £ 5,137 - 5,137 4,565 57 4,622 515 572 |
Fixtures and Computer fittings equipment Totals £ £ £ 12,530 5,569 23,236 - 958 958 12,530 6,527 24,194 12,233 5,486 22,284 98 344 499 12,331 5,830 22,783 199 697 1,411 297 83 952 Listed investments £ 126,634 1,581 8,118 136,333 136,333 126,634 |
|---|---|---|
7. FIXED ASSET INVESTMENTS
There were no investment assets outside the UK.
Fixed asset investments are revalued and stated at market value at the balance sheet date.
continued...
Page 10
Group Analytic Society ,International
Notes to the Financial Statements - continued
for the Year Ended 31 December 2020
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.12.20 | 31.12.19 | |
|---|---|---|
| £ | £ | |
| Taxation and social security | 383 | 303 |
| Other creditors | 49,748 | 63,653 |
| 50,131 | 63,956 |
Other creditors includes deferred income of £30,981. Deferred income arises due to the timing of the membership subscription year (January to December) whereas some subscriptions are received in advance in relation to the next financial year.
9. ANALYSIS OF NET ASSETS BETWEEN FUNDS
10.
| Unrestricted funds £ Fixed assets 1,411 Investments 112,354 Current assets 119,237 Current liabilities (50,131) 182,871 MOVEMENT IN FUNDS At 1.1.20 £ Unrestricted funds General fund 110,706 Foulkes Lecture Fund 41,016 151,722 Restricted funds The Elizaberh Foulkes Library Fund 9,097 Jane Abercrombie Fund 9,763 Group Analytic Society International Fund 21,062 39,922 TOTAL FUNDS 191,644 |
Restricted funds £ - 23,979 15,837 - 39,816 Net movement in funds £ 32,623 108 32,731 (3,049) 26 1,335 (1,688) 31,043 |
31.12.20 Total funds £ 1,411 136,333 135,074 (50,131) 222,687 Transfers between funds £ (1,582) - (1,582) - - 1,582 1,582 - |
31.12.19 Total funds £ 952 126,634 128,014 (63,956) |
|---|---|---|---|
| 191,644 | |||
| At 31.12.20 £ 141,747 41,124 |
|||
| 182,871 6,048 9,789 23,979 |
|||
| 39,816 | |||
| 222,687 |
continued...
Page 11
Group Analytic Society ,International
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Foulkes Lecture Fund Restricted funds The Elizaberh Foulkes Library Fund Jane Abercrombie Fund Group Analytic Society International Fund TOTAL FUNDS |
Incoming resources £ 105,220 108 105,328 24 26 (1) 49 105,377 |
Resources expended £ (79,379) - (79,379) (3,073) - - (3,073) (82,452) |
Gains and Movement losses in funds £ £ 6,782 32,623 - 108 6,782 32,731 - (3,049) - 26 1,336 1,335 1,336 (1,688) 8,118 31,043 |
|---|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Foulkes Lecture Fund Restricted funds The Elizaberh Foulkes Library Fund Jane Abercrombie Fund Group Analytic Society International Fund TOTAL FUNDS |
At 1.1.19 £ 104,067 40,784 144,851 1,860 9,708 17,000 28,568 173,419 |
Net movement in funds £ 14,857 232 15,089 24 55 3,057 3,136 18,225 |
Transfers between funds £ (8,218) - (8,218) 7,213 - 1,005 8,218 - |
At 31.12.19 £ 110,706 41,016 |
|---|---|---|---|---|
| 151,722 9,097 9,763 21,062 |
||||
| 39,922 | ||||
| 191,644 |
continued...
Page 12
Group Analytic Society ,International
Notes to the Financial Statements - continued
for the Year Ended 31 December 2020
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Foulkes Lecture Fund Restricted funds The Elizaberh Foulkes Library Fund Jane Abercrombie Fund Group Analytic Society International Fund TOTAL FUNDS |
Incoming resources £ 122,241 232 122,473 24 55 - 79 122,552 |
Resources expended £ (124,852) - (124,852) - - - - (124,852) |
Gains and Movemen losses in funds £ £ 17,468 14,857 - 232 17,468 15,089 - 24 - 55 3,057 3,057 3,057 3,136 20,525 18,225 |
Gains and Movemen losses in funds £ £ 17,468 14,857 - 232 17,468 15,089 - 24 - 55 3,057 3,057 3,057 3,136 20,525 18,225 |
|---|---|---|---|---|
| 15,089 24 55 3,057 |
||||
| 3,136 | ||||
| 18,225 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Foulkes Lecture Fund Restricted funds The Elizaberh Foulkes Library Fund Jane Abercrombie Fund Group Analytic Society International Fund TOTAL FUNDS |
At 1.1.19 £ 104,067 40,784 144,851 1,860 9,708 17,000 28,568 173,419 |
Net movement in funds £ 47,480 340 47,820 (3,025) 81 4,392 1,448 49,268 |
Transfers between funds £ (9,800) - (9,800) 7,213 - 2,587 9,800 - |
At 31.12.20 £ 141,747 41,124 |
|---|---|---|---|---|
| 182,871 6,048 9,789 23,979 |
||||
| 39,816 | ||||
| 222,687 |
continued...
Page 13
Group Analytic Society ,International
Notes to the Financial Statements - continued
for the Year Ended 31 December 2020
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Foulkes Lecture Fund Restricted funds The Elizaberh Foulkes Library Fund Jane Abercrombie Fund Group Analytic Society International Fund TOTAL FUNDS |
Incoming resources £ 227,461 340 227,801 48 81 (1) 128 227,929 |
Resources expended £ (204,231) - (204,231) (3,073) - - (3,073) (207,304) |
Gains and Movement losses in funds £ £ 24,250 47,480 - 340 24,250 47,820 - (3,025) - 81 4,393 4,392 4,393 1,448 28,643 49,268 |
|---|---|---|---|
Purpose and policies of Unrestricted Funds
General Fund
Resources for charitable purposes at the discretion of the trustees
Foulkes Lecture Fund
Designated fund to support the running of the Foulkes Lecture weekends
Purpose and policies of Restricted Funds
The Elizabeth Foulkes Library Fund
Provides for book purchases and services in connection with the jointly owned King's Fund Library
Jane Abercrombie Memorial Fund
Set up to award prizes to persons who have made outstanding contributions in the field of Group Analysis
Group Analytic Society International Fund
Supports the work/realisation of new and emerging group analytic ideas, and projects and bursaries for GASi events
All the funds hold sufficient and suitable resources in an appropriate form to enable each fund to be applied in accordance with its restrictions.
Transfers between funds
During the period there were net transfers from general to restricted funds amounting to £1,582.
continued...
Page 14
Group Analytic Society ,International
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
Page 15
Group Analytic Society ,International
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2020 | ||
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 1,183 | 769 |
| Subscriptions | 72,448 | 75,068 |
| 73,631 | 75,837 | |
| Investment income | ||
| Dividend income | 3,887 | 4,007 |
| Deposit account interest | 158 | 311 |
| 4,045 | 4,318 | |
| Charitable activities | ||
| Workshops /scientific meetings | 11,898 | 6,039 |
| Foulkes lecture weekend | - | 22,340 |
| Royalties | 15,803 | 14,018 |
| 27,701 | 42,397 | |
| Total incoming resources | 105,377 | 122,552 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages & secretarial | 29,042 | 27,213 |
| Foulkes Lecture weekend | - | 17,209 |
| The Elizabeth Foulkes Library | 3,073 | 2,787 |
| Workshop & scientific meetings | 1,170 | 4,653 |
| Symposium conference expenses | 91 | - |
| Publishing charges | 15,920 | 28,109 |
| Editorial assistance | 11,088 | 11,088 |
| Rent | 6,278 | 4,929 |
| Printing, postage & stationery | 72 | 367 |
| Telephone | 937 | 822 |
| Insurance | 459 | 409 |
| Website & IT costs | 2,806 | 7,036 |
| Bank charges | 1,582 | 2,739 |
| Sundries | 180 | 212 |
| Depreciation of tangible fixed assets | 499 | 252 |
| 73,197 | 107,825 | |
| Support costs | ||
| Governance costs | ||
| Management committee expenses | 2,371 | 6,532 |
| Carried forward | 2,371 | 6,532 |
This page does not form part of the statutory financial statements
Page 16
Group Analytic Society ,International
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2020 | ||
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| Governance costs | ||
| Brought forward | 2,371 | 6,532 |
| Accountancy & bookkeeping | 6,884 | 9,576 |
| Legal & professional fees | - | 919 |
| 9,255 | 17,027 | |
| Total resources expended | 82,452 | 124,852 |
| Net income/(expenditure) before gains and | ||
| losses | 22,925 | (2,300) |
| Realised recognised gains and losses | ||
| Realised gains/(losses) on fixed asset investments | 8,118 | 20,525 |
| Net income | 31,043 | 18,225 |
This page does not form part of the statutory financial statements
Page 17