| FINANCIAL | FINANCIAL | STATEMENTS FOR.THE YEAR ENDED | STATEMENTS FOR.THE YEAR ENDED | STATEMENTS FOR.THE YEAR ENDED | STATEMENTS FOR.THE YEAR ENDED | STATEMENTS FOR.THE YEAR ENDED | 31STDECEMBER 2021 | 31STDECEMBER 2021 | 31STDECEMBER 2021 | 31STDECEMBER 2021 | 31STDECEMBER 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CONTENTS | AND | CHARITY INFORMATION | |||||||||
| CONTENTS: | |||||||||||
| Trustees' | Report | ||||||||||
| Independent | Examiner's | Rcport | |||||||||
| Sottement | ofFinancial | Activities | |||||||||
| Balance | Sheet | ||||||||||
| Notes teethe Financial | Statemenls | ||||||||||
| TRUSTEES: | AM Cartwright | (Treasurer) | |||||||||
| tG Dorey (appo'mted | 28 April 2022) | ||||||||||
| V Eeslea | |||||||||||
| S lbbotson (Chairman |
appointed | 3 May2021) | |||||||||
| R Lamb | |||||||||||
| B Omrani | |||||||||||
| M Skipper (appointed |
10th March 2021) | ||||||||||
| F Slevm (Chairman | rmtgned 6 | December 2021) | |||||||||
| A Stager (Vice-Chairman) | |||||||||||
| D Taylor | |||||||||||
| CHARITY OFFICES: | 16 Old Queen | Street | |||||||||
| London | |||||||||||
| SWIH BHP | |||||||||||
| CHARITY REGISTRATION NUMBER.' | I179300 | ||||||||||
| CIO NUMBER; | CE014710 | ||||||||||
| INDEPENDENT | I.:XAMINER: | lnn W Shipley | FCCA | ||||||||
| For end on behalf | of: | ||||||||||
| Prentis dt CoLLP | |||||||||||
| Chartered Accouruants |
dt lodependent | Exattttnets | |||||||||
| 115cMilton Road | |||||||||||
| Cainbridge | |||||||||||
| CB4 IXE | |||||||||||
| BANKERS: | Lloyds Bank | ||||||||||
| Pall Mall | |||||||||||
| StJames Branch | |||||||||||
| 8-10 Waterloo | Place | ||||||||||
| London | |||||||||||
| SWIY IBE | |||||||||||
| (NVESTIvlENT MANACiERS: | CCLA Investment | Management | |||||||||
| Senator House | |||||||||||
| 85 Queen Victoria | Street | ||||||||||
| London | |||||||||||
| EC4V 4ET |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | |||||
| INCOME | |||||
| Subscriptions, donations and legacies |
55,364 | 58,879 | |||
| Charitable Activities |
62,571 | 66,065 | |||
| Investment Income |
25,959 | 26,7I3 | |||
| TOTAL INCOME | 143,894 | 151,657 | |||
| EXPENDITURE | |||||
| Charitable Activities |
170,785 | 159,182 | |||
| TOTAL EXPENDITURE | 170,785 | 159,182 | |||
| NET (EXPENDITURE)/INCOME | BEPORE | ||||
| GAINS ON INVESTMENTS | (26,891) | (7,525) | |||
| Nat gains on inveshncnt assets |
10 | 115,294 | 57,246 | ||
| NET MOVEMENT | IN FUNDS | 88,403 | 49,721 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total Funds brought | forward | 897.763 | 848,042 | ||
| Total Funds earned | forward | 986,166 | 897,763 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | f | ||||||
| FlXED ASSETS | |||||||
| Library | 8 | I | I | ||||
| Tangible fixed assets |
9 | 11,456 | 19,982 | ||||
| Inuest tnants | 10 | 908,35~ | 793,056 | ||||
| 919,807 | 813,039 | ||||||
| CURRENT | ASSETS | ||||||
| Stock | 11 | 956 | 1,033 | ||||
| Debtors | 12 | 43,83 I | 58,420 | ||||
| Caab at bank and ln btntd | 44,194 | 64,590 | |||||
| 88,981 | 124.043 | ||||||
| LJABILITIES | |||||||
| Creditors (ailing due withbt |
ona year | 13 | 22,622 | 39,3 19 | |||
| Net Current | Assets | 66,359 | 84,724 | ||||
| NET ASSETS | 986,166 | 897,763 | |||||
| THE FUNDS OF THE CHARITY | 16 | ||||||
| Unrestricted | funds | 984,605 | 896,202 | ||||
| Designated | funds | 1,561 | 1,561 | ||||
| 986i,)66 | 897,763 |
| produce a Statement ofCash Flows | produce a Statement ofCash Flows | , | ||
|---|---|---|---|---|
| SUBSCRIPTIONS, DONATIONS | AND LEGACIES | 2021 | 2020 | |
| -Unres(ricted | 8 | |||
| Ore[its | 3,500 | |||
| Subscriptions | 54,432 | «I8,294 | ||
| Donations and |
legacies | '932 | 7.085 | |
| 55,364 | 58,879 | |||
| INCOME FROM CHARITABLE | ACTIVITIES | 202[ | 2020 | |
| ~ U[1restricted | ||||
| Secretarial services | 794 | 3,176 | ||
| Lectures | 90 | |||
| Publications/royalties | 59332 | 62.242 | ||
| Presentations | and events | I;250 | 348 | |
| Sale ofimages | oiarchive niaterial | 1[9 | 209 | |
| Other Income | I4)76 | |||
| 62,571 | ee,oes | |||
| INVESTMENT INCOMF. | 202t | 2020 | ||
| Dlvldcnds an |
Bated investmcnts | 25,954 | 26,70'/ | |
| [a[crest receivable on cash deposits | 5 | 6 | ||
| 25,959 | 26,7[3 |
| COST OF CHARITABLE ACTIVITIES | COST OF CHARITABLE ACTIVITIES | COST OF CHARITABLE ACTIVITIES | 2021 | 2020 | |
|---|---|---|---|---|---|
| f. | |||||
| Lectures | 500 | ||||
| Library services | 62 | ||||
| Publications | 23,937 | 26,138 | |||
| Presentations and events |
2,342 | ||||
| Ties/shields/note lets |
|||||
| Support aosts (note | 6) | 146,848 | 130,140 | ||
| 170,785 | 159,182 | ||||
| SUPPORT CQSTS | Charitable | 2021 | |||
| YEAR ENDED 31STDECEMBER 2021 | Activities | Governance | Total | ||
| f | f | ||||
| StaITcosts | 62,161 | 62,161 | |||
| ITsupport and consumablcs | 11305 | 11,205 | |||
| Cleaning | 870 | 870 | |||
| R.ent, rates and utilities | 32)965 | 32,965 | |||
| Relacarion and storage costs |
4,646 | 4,646 | |||
| insurance | 2,967 | 2,967 | |||
| Repairs ta property | 7,833 | 7,833 | |||
| Printing, stationery, |
postage | and sdvemsing | 4,170 | 4,170 | |
| Other oflice costs | 347 | 347 | |||
| Telephone | 1,366 | 1,366 | |||
| Bank charges | 842 | 842 | |||
| Deprecmtion | 7,924 | 7,924 | |||
| Loss on disposal | 1,133 | 1,133 | |||
| Governance (note 7) |
8,419 | 8,419 | |||
| 138,429 | 8,419 | 146,848 | |||
| SUPPQRT CQSTS | Charitable | 2019 | |||
| YEAR ENDED 31STDECEMBER 2020 | Activities | Governance | Total | ||
| f | f | ||||
| StalTcasts | 62,)37 | 62,137 | |||
| ITsupport and consumables | 10,815 | 10,815 | |||
| Cleaning | 1,350 | 1,350 | |||
| Rent, ratos and utilities | 33,545 | 33,545 | |||
| Insurance | 2,191 | 2,191 | |||
| Repairs to property | 2,831 | 2,831 | |||
| Printing, stationery, |
postage | and advertising | 3,464 | 3,464 | |
| Other oBicccosts | 355 | 355 | |||
| Telephone | 1,127 | 1,127 | |||
| Sank charges | 802 | 802 | |||
| Depreciation | 4,387 | 4,387 | |||
| Ooverosnce (note 7) |
7,136 | 7,136 | |||
| 123,004 | 7,136 | 130,140 |
| NOTES | TO | THE FINANCIAL | STATEMENTS | STATEMENTS | ||
|---|---|---|---|---|---|---|
| GOVERNANCE | COSTS | 2021 | ||||
| 8 | ||||||
| Legal and professional | costs | 913 | ||||
| independent Examiners |
fce | 1,890 | 1,824 | |||
| Bookkeeping | 5,616 | 5 312 | ||||
| 8,419 | 7,136 |
| Library assets have not been capitalised other than their net book value offi. |
inclusion in the balance s |
heet ate written d |
awn |
|---|---|---|---|
| TANGIBLE FIXEDASSETS | OAicc | ||
| YEAR ENDED 31STDECEMBER 2021 | Sohwam | Equipment | Total |
| f. | 2 | 8 | |
| COST | |||
| Balance at 1st January 2021 | 21,162 | 6,039 | 27,201 |
| Additions | 531 | 531 | |
| Dispossls | 2,534 | 2,534 | |
| Balance st 31stDecember 2021 | 21,162 | 4,036 | 25,198 |
| ACCUMUL, ATED DEPRECIATION | |||
| Balance at 1stJanuary Z021 | 4,761 | 2,458 | 7.219 |
| Charge for the yenr | 7,054 | 870 | 7,924 |
| Eliminated on disposal |
1,401 | 1,401 | |
| Bstance at 31stDeccrnber 2021 | I1,11 I5 | 1,927 | 13,742 |
| NET BOOK VALLIB | |||
| At 31st December 2021 | 9,347 | 2.109 | 11,456 |
| TANG1BLE FIXEDASSETS | OAica | ||
| YEAR ENDED 3ISTDECEMBER 2020 | Soitware | Equipment | Total |
| 6 | |||
| COST | |||
| Balance st 1stJanuary 2020 | 5,994 | 5,362 | 11,356 |
| Additions | 15,168 | 677 | 15,845 |
| Balance at 31st December 2020 | 21,162 | b,v39 | 27301 |
| ACCUMULATED DEPRECIATION |
|||
| Balance ut 1st January 2020 | 1,499 | 1333 | Z,832 |
| Charge forthe year | 3,262 | 1,125 | 4387 |
| Balance at31st Decetnber 7020 | 4,761 | 2,45tt | 7,219 |
| NET BOOK VALUE | |||
| At 31st December 2020 | 16,401 | 3%1 | 19,982 |
| 10. | INVESTMENTS | 2021 | 2020 | |
|---|---|---|---|---|
| Listed ttsvestmcnts | 8 | |||
| Market value at 1st January |
2021 | 793,056 | 810,810 | |
| Additions | ||||
| 131sposals | (75,000) | |||
| Not realised investment gain |
'7,940 | |||
| Net umealised investment |
gnin( | 115794 | 49,306 | |
| Market value at 31stDecember 2021 | 908,350 | 793,056 |
| STOCK | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| 8 | |||||||
| Inventory | 956 | 1,033 | |||||
| DEBTORS | 2021 | 2020 | |||||
| f. | |||||||
| Trade receivables | Ii019 | 19,792 | |||||
| Other debtors | 30,579 | 27,4 10 | |||||
| Frepayments | 12433 | 11218 | |||||
| 43,831 | 58,420 | ||||||
| CREDITORS: | AMOUNTS FALLING DUE | WITHIN ONE YEAR | 2021 | 2020 | |||
| 6 | 8 | ||||||
| Social security | and other taxes | 1,373 | 212 | ||||
| Accruals and deferred |
income | 18,100 | 38,566 | ||||
| Trade oreditors | 2,634 | 541 | |||||
| Other cmditors | $15 | ||||||
| 22,622 | 39,319 | ||||||
| RESERVES | |||||||
| YEAR EIVDED 3IST | DECEMBER Z021 | ||||||
| Balance at | Balance at | ||||||
| lat January | 31st December | ||||||
| 2021 | lncoruo | Expenditure | Oains | Transfers | 2021 | ||
| 8 | |||||||
| Designmed | 1,561 | i/61 | |||||
| Unrcstnc ted | 896302 | 143,894 | 170,785 | 115,294 | 984,60( | ||
| 897,763 | 143,894 | 170,785 | 115,294 | 986,166 |
| RESERVES | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| YEAR ENDED 31STDECEMBER 2020 | |||||||||
| Balance | at | Bslanco at | |||||||
| 1st January | 31st December | ||||||||
| 2020 | Income | Eapenditure | Gains | Transfers | 2020 | ||||
| 6 | 8 | f | |||||||
| Designanul | 1,561 | 1,561 | |||||||
| I)nrestricted | 846,481 | 151,657 | 159,182 | 57,246 | 896,202 | ||||
| 848,042 | 151,657 | 159,182 | 57,246 | 897,763 | |||||
| The Trustees have designated | a | sum of | money | aa | a book | fund. | |||
| 'NE1'ASSETS BYFUND | 2021 | 2020 | |||||||
| Library | I | I | |||||||
| Tangible lixed assets |
11,456 | 19,982 | |||||||
| Invesrntents | 908,350 | 793,056 | |||||||
| Currern assets | 88,981 | 124,043 | |||||||
| Current liabilities |
(22,622) | (3'9,319) | |||||||
| Net Assets | 986,166 | 897,763 |