**INTERNATIONAL SOCIETY FOR THE STUDY OF DRUG POLICY (ISSDP) CHARITY REGISTERED NO. 1177654 RECEIPTS AND PAYMENTS ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2023**
**INTERNATIONAL SOCIETY FOR THE STUDY OF DRUG POLICY (ISSDP) CHARITY REGISTERED NO. NO. 1177654**
## **TRUSTEES' REPORT FOR THE PERIOD ENDED 31 MARCH 2023**
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
The Charity is registered with the Charities Commission, its registration number is 1177654.
The principal office of the Charity is Manchester Metropolitan University All Saints Grosvenor Square Manchester M15 6BH.
## **TRUSTEES**
The Trustees of the charity are:-
Dr B Kilmer (Acting President) Dr A O�Gorman Dr G Lasco Dr L Vandam Dr K Joe Prof AW Stevens Prof RL Pacula Dr C Hughes (Vice President) Dr J Collins Dr R Askew Prof P Reuter Dr R Queriolo (resigned 2023) Dr A Madrajo (resigned 2022) Dr K Lancaster (resigned 2023) Dr KD Kour (resigned 2023)
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The International Society for the Study of Drug Policy is a registered charity (charity number 1177654).
The trustees meet regularly to discuss the charity's progress, formulate general policy and plan seminars and conferences that promote the charity�s objectives. They are ultimately responsible for the day to day management of the charity, including the making, enforcing and altering of rules, and the authority for all expenditure. The current operational management of the charity is conducted by the trustees.
The income and property of the charity shall be applied solely towards the promotion of its objects as set out in its Trust Deed. No proportion thereof shall be paid or transferred, directly or indirectly, by way of bonus or otherwise by way or profit, to members of the charity. No member of the board of trustees shall be appointed to any office of the charity paid by way or salary or fees. Neither shall they receive any remuneration or other benefit in money or kind from the charity
## Recruitment and Appointment of Trustees
Trustees are elected and/or re-elected in accordance with the provisions set out in the organisation's constitution. Elections take place every 2 years, while positions on the board as a trustee last 4 years.
## **OBJECTIVES AND ACTIVITIES**
The International Society for the Study of Drug Policy (ISSDP) is a society of scholars committed to advancing drug policy research. The ISSDP's objectives are to:
~ Be a forum for high quality drug policy analysis.
~ Develop relations among drug policy analysts and thus strengthen the field.
- ~ Develop the scientific base for policy decisions.
- ~ Improve the interface between researchers and policy makers.
## **INTERNATIONAL SOCIETY FOR THE STUDY OF DRUG POLICY (ISSDP) CHARITY REGISTERED NO. NO. 1177654**
## **TRUSTEES' REPORT FOR THE PERIOD ENDED 31 MARCH 2023**
We achieve this through our annual scholarly international conference. This event brings together many of the best known academics in the drug policy field with decision makers and policy-makers.
The ISSDP also supports emerging drug policy scholars, through scholarships to attend the annual scientific conference. Scholarships are available for doctoral students and scholars from developing countries and are advertised in the call for papers for each conference.
ISSDP also supports research through the availability of an online bibliography of grey literature relevant to drug policy.
## **ACHIEVEMENTS AND PERFORMANCE**
For the year 2022/23, the ISSDP has approximately 235 members with membership growing year on year. An anonymous donor, donates $3,000 each year to be awarded as a prize to an outstanding researcher identified by an ISSDP committee for outstanding work published in the past 3 years, in addition to $500 stipend for the awardee to travel to a conference. A small ISSDP event was held in Lisbon in November, 2022 in lieu of our annual conference. The Research Scholar Award was announced at the event but the award funds were not distributed in this financial year.
## **FINANCIAL REVIEW**
The attached receipts and payments accounts show the current state of the finances, which the Trustees considers to be acceptable. Total incoming resources were £18,596 (2022: £6,223) and total outgoing payments amounted to £14,746 (2022: £4,393), the net surplus for the year was £3,849. Unrestricted funds amounted to £15,566 (2022: £14,520), whilst restricted funds were £2,803 (2022 £nil) � the balance in restricted funds represents the unspent prize funds which was awarded in November 2022 but not paid out.
## Reserves Policy
The ISSDP Organization does not have a formal reserves policy within it�s bylaws. Nonetheless, we have a historical precedent to retain £10,000 across our accounts to ensure ability to pay ongoing monthly activities that include website updates, grey literature ongoing research, and administrative support.
## **PUBLIC BENEFIT**
The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing the Charity�s aims and objectives and in planning the future activities of the Charity, These are shown above in the section 'Objectives and activities'.
## **TRUSTEES RESPONSIBILITIES**
The responsibilities of the trustees are to :-
(1) keep proper accounting records that disclose with reasonable accuracy the financial position of the charity; (2) safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities;
(3) manage other daily activities of the charity that are voted upon by the membership.
Approved by the trustees and signed on their behalf by:
**Beau Kilmer**
**Acting President**
**Date:**
**INTERNATIONAL SOCIETY FOR THE STUDY OF DRUG POLICY (ISSDP) CHARITY REGISTERED NO. 1177654**
## **RECEIPTS AND PAYMENTS ACCOUNT 31 MARCH 2023**
|**Receipts**
Memberships
Conference
Scholarships
Donations
**Total receipts**
**Payments**
Conference expenditure
Scholarships expenditure
Support costs
Accountancy
Travel
Grants
Other costs
**Sub total**
**Asset and investment purchases**
**Total payments**
**Net of receipts/(payments)**
Transfers between funds
Cash funds brought forward at 1 April 2022
Cash funds carried forward at 31 March 2023|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**Total**
**2022**
15,385
-
15,385
2,227
-
-
-
-
-
-
-
-
-
3,211
3,211
3,996|
|---|---|
||**15,385**
**3,211**
**18,596**
**6,223**|
||7,459
-
7,459
-
-
-
-
-
-
-
-
2,010
1,080
-
1,080
-
175
408
583
-
-
-
-
-
5,625
-
5,625
2,383|
||14,339
408
14,747
4,393
-
-
-
-|
||**14,339**
**408**
**14,747**
**4,393**|
||1,046
2,803
3,849
1,830
-
-
-
-
14,520
-
14,520
12,690
**15,566 2,803**
**18,369**
**14,520**|
**INTERNATIONAL SOCIETY FOR THE STUDY OF DRUG POLICY (ISSDP) CHARITY REGISTERED NO. 1177654**
## **STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2023**
|**CASH FUNDS**
Current accounts
**Total cash funds**
**OTHER MONETARY**
**ASSETS**
Debtors
**Total**
**LIABILITIES**
Accruals
**Total liabilities**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**Total**
**2022**
15,566 2,803
18,369
14,520|
|---|---|
||**15,566 2,803**
**18,369**
**14,520**
- - - -|
||**- - - -**
570
**- 570**
1,080|
||**570**
**- 570**
**1,080**|
Approved by the Management Committee and signed on its behalf
**Beau Kilmer Acting President**
**Date:**