Report to Board of Trustees For AGM on 25 May 2023
Research-in-action community of practice 22/23
Compiled by Patricia Shaw, Convenor
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2
## Schumacher Society
## **Significant issues**
This has been a year of reconfiguring our ways of organising to become more affordable, flexible and self-sustaining. This began with the announcement in May 2022, at our first in-person research gathering after Covid-19, that Patricia Shaw would step back as a convenor in May 2023, after completing over 5 years in this role. Also Luigi Russi took a one year post-doc position at Campus de Transition in September 2022. This has allowed the period 22/23 to be one of distinguishing key activities of convening and these being increasingly taken up by members of the community:
- A number of different quarterly supervision/mentoring ‘packages’ designed that members can choose and pay for. This allows people to select levels of working suitable to the resources of time and money at their disposal.
- An annual membership fee introduced paid quarterly.
- Two 3-day on-line meetings co-ordinated by Pepik Henneman in November and by Bia Tadema in February.
- Monthly Commons rooms prepared and hosted each time by different RinA members used for community organising.
- Webinars every 2 months organised by members
- WhatsApp group used to communicate amongst community members, particularly enabling people to share news about their projects and to request to ‘listen-in’ to each other’s supervision/mentoring sessions.
This process culminated in the May 2023 research gathering that marks the start of a second phase of life for RinA, even as we complete strands of activity related to the first phase until the end of the 23/24.
Looking ahead to the coming year:
- Patricia and Martin will continue as faculty to provide supervision/mentoring to all those completing their PhDs or final phase of Research fellowship. They will be supported by extended faculty including Marie Brett, Jenny Helin, Peter Allan, and Lucy Draper-Clarke. Alison Donaldson continues to provide reviewing/editing support for publications.
- As members ‘graduate’, some are interested in offering mentoring to those on first two phases of the research fellowship.
- A relay of members will prepare and host monthly Commons Room to provide an important holding/convening forum for the community of practice.
- Further holding/convening will be undertaken by Bia Tadema with Pepik Henneman and Ruth Cross to prepare throughout the year for a major extended conference on Brazil later in 2024 which will include an RinA meeting while also celebrating 10 years of Escola Schumacher Brazil, awarding the recognition of the first Schumacher Research Fellows to those graduating from RinA, and offer public workshops, conversations and seminars.
- Anna Lena Hahn will suggest/initiate new forms of research collaborations.
Schumacher Society is a UK registered charity no: 1182289. Registered office: 3 Hillbrook Road, Totnes, Devon TQ9 5AT
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3
## Schumacher Society
## **Financial summary**
Careful management of the remaining funds from 21/22, (including no longer paying Luigi Russi from September 22; a number of donations by organisations requesting talks or workshops by Patricia Shaw; and a new annual membership fee of 120 pounds per year), has allowed us to remain in financial health throughout the year.
## _**Income**_
Donations RinA members 480 Donations Institutions 7174 (Pepperdine University USA, Lee Hecht Harrison Consulting Germany, Handelshgskolan, Sweden) Membership Fees RinA 1320 Supervision/mentoring fees 3794 **Total 11486** (including bank interest)
## _**Expenditure**_
Convening L Russi 7250 M Daly Mentoring/Supervision fees Research meetings 3490 (6-day in person May) Fac fees 1600 Travel 440 Acc/food 850 (2 x 3-day on-line Nov&Feb) Fac fees 600 Accounting 858 Bank and currency charges 171 Publishing/editing 200 **Total 19924**
No research bursaries (fees waived) were awarded this year.
Cash in hand covered the shortfall of income over expenditure.
It must be borne in mind that these figures do not include convening, mentoring and faculty fees unclaimed by Patricia Shaw who works as an unpaid Trustee and also voluntary work undertaken by Martin Daly. An increasing amount of voluntary work is undertaken by community members
Schumacher Society is a UK registered charity no: 1182289. Registered office: 3 Hillbrook Road, Totnes, Devon TQ9 5AT
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4
## Schumacher Society
## _**Looking at the financial situation ahead**_
Cash in hand carried forward to 23/24 is 16,298
Looking ahead the costs of the May 2023 research meeting at the Campus are
6,500 (accommodation food and working space at Campus de Transition) 1500 (faculty fees and travel) 1200 (travel bursaries Bia and Elisa) Accounting charge re 22/23 has increased to 1018
That still leaves around 9000 in the bank as we go forward some of which can be held towards costs of Brazil conference (5000?)
## **Membership**
Membership remains steady at 17 with some movement between core and fringe membership:
Numbers on the Research Fellowship remain at 10 (Jean Martin completed phase 1 and moved to the fringe, Juliet Scott began phase 1, Adriana moved from the fringe to start phase 1.)
_The Fringe_ (a looser form of members not pursuing the Fellowship but who have access to the backstage studio, webinars and ad hoc mentoring) Ying Liang in China, Alex Tempest and Michael Martin in UK, Maria Llanos in Spain.
## **Research Fellowship progress**
Ruth Cross, Jean Martin and Pepik Henneman completed their stage 1 Gateway Ruth Cross, Bia Tadema and Pepik Henneman will complete their stage 2 milestone: publishing in the Preview section of the RinA website for the May 23 meeting. Evelyn Roe and Elisa Hornett are completing the final stage of the fellowship. Tim Crabtree, Juliana Schneider and Julie Richardson continue in the write up stage of their PhD thesis for Plymouth University.
Anna Lena Hahn is completing an externally reviewed scholarly article for her Stage 2 Preview and is now also in write up phase of her PhD in Germany.
## **Webinars**
A fourth year of on-line seminars, led by members or invited guests, included Stephen Allen on _Being and Organising in an Entangled World,_ Peter Allan in conversation with Martin Day on _What does it mean to live in a Tradition,_ and Anna Lena Hahn on _Exploring resistances to a process way of working during an Arts Residency_ .
## **Publishing**
Luigi Russi published _When Social Change Happens: observation of experience and the paradoxes of pivot-making_ , with Mind, Culture and Activity in June 2022. The journal of Ayurveda and Integrated medicine published Julie Richardson’s _How does Gross National Happiness offer an integrated perspective linking health, economics and nature?_ The Irish Institute of Modern Art published an invited essay from Patricia Shaw _Venturing on Dangerous Grounds_ to mark the acquisition of Marie Brett’s latest artwork.
Schumacher Society is a UK registered charity no: 1182289. Registered office: 3 Hillbrook Road, Totnes, Devon TQ9 5AT
Schumacher Society
Charity number 1182299
|**Schumacher Society**|**Charity number**
**Company number**
**1182289**
**CE016699**|**Charity number**
**Company number**
**1182289**
**CE016699**|**Charity number**
**Company number**
**1182289**
**CE016699**|**Charity number**
**Company number**
**1182289**
**CE016699**||
|---|---|---|---|---|---|
|Annual accounts for the period||||||
|Period start date|**06/04/2022**|**To**|Period end date|**05/04/2023**||
## **Section A Statement of financial activities (including summary income and expenditure account)**
|**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
Investments
Charitable activities
Other trading activities
Separate material item of income
Other|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|
|---|---|---|---|---|---|
||7,654||-|7,654|3,100|
||3,794|-|-|3,794|4,300|
||-||-|-|-|
||38|-|-|38|12|
||-|-|-|-|-|
|||-|-|-||
||11,486|-|-|11,486|7,412|
## **Expenditure (Notes 4)**
**Expenditure on:** Raising funds Charitable activities Separate material expense item Other _**Total**_
|Tax payable
Net gains/(losses) on investments
**Extraordinary items**
Other gains/(losses)
**_Reconciliation of_**
**_funds:_**
Separate material expense item
Raising funds
Other
Charitable activities
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**_Net movement in funds_**
Total funds brought forward
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for the**
**reporting period**
Gains and losses on revaluation of fixed assets for the charity’s own
use|-|-|-|-|-|
|---|---|---|---|---|---|
||6,321|12,574|-|18,895|23,366|
|||||||
||1,029|-|-|1,029|874|
||7,350|12,574|-|19,924|24,240|
|||||||
||4,136|12,574
-|-|8,438
-|16,828|
||-|-|-|-|-|
||4,136|12,574
-|-|8,438
-|16,828|
||-|-|-|-|-|
||4,136|12,574
-|-|8,438
-|16,828|
||-|-|-|-||
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||39
-|-|-|39
-|-|
||4,097|12,574
-|-|8,477
-|16,828|
|||||||
||12,201|12,574|-|24,775|41,564|
||16,298|-|-|16,298|24,736|
Page 1 of 16
Schumacher Society
Charity No 1182289 Company No CE016699
As At 05/04/2022
## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets**
**Tangible assets**
**Heritage assets**
**Investments**
**_Total fixed assets_**
**Current assets**
**Stocks**
**Debtors (Note 6)**
**Investments**
**Cash at bank and in hand (Note 7)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 8)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after one**
**year**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 9)**
**Restricted income funds (Note 9)**
**Unrestricted funds**
**Revaluation reserve**
**Fair value reserve**
**_Total funds_**|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||476|-|-|476|539|
||-|-|-|-|-|
||18,042|-|-|18,042|25,816|
||18,518|-|-|18,518|26,355|
|||||||
||2,220|-|-|1,580|1,619|
|||||||
||16,298|-|-|16,298|24,736|
|||||||
||16,298|-|**-**|16,298|24,736|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||16,298|-|-|16,298|24,736|
|||||||
||-|||-|-|
||||-|-|12,574|
||16,298|||16,298|12,162|
|||||-||
|||||||
||16,298|-|-|16,298|24,736|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
|ture of director authenticating accounts being sent to Companies
House
Signed by one or two trustees/directors on behalf of all the
trustees/directors|Print Name|Date of
approval
dd/mm/yyyy|
|---|---|---|
||Jonathan Rae||
||||
||||
||Signature|Date
dd/mm/yyyy|
||||
|||**Print name**|
Signature of director authenticating accounts being sent to Companies House
CC17a
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## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing • and with* ü their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
ü
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the _**Sufficient funds to support planned activity**_ conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**n/a**_ going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.
|Yes*
No*|ü
✔|* -Tick as appropriate|
|---|---|---|
||ü||
## _**Please disclose:**_
|**_(i) the nature of the change in accounting policy;_**|**_n/a_**|
|---|---|
|**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information; and_**|**_n/a_**|
|**_(iii) the amount of the adjustment for each line affected in_**
**_the current period, each prior period presented and the_**
**_aggregate amount of the adjustment relating to periods_**
**_before those presented, 3.44 FRS102 SORP._**|**_n/a_**|
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
|Yes*
No*|ü
✔|* -Tick as appropriate|
|---|---|---|
||ü||
## _**Please disclose:**_
_**n/a**_
_**(i) the nature of any changes;**_
CC17a (Excel)
23/05/2023
3
|**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|**_n/a_**|
|---|---|
|**_(iii) where practicable, the effect of the change in one or_**
**_more future periods._**|**_n/a_**|
## **1.5 Material prior year errors**
|**1.5 Material prior**|**year errors**|**year errors**|**year errors**|
|---|---|---|---|
|No materialpriory|ü
✔
ü
ear error have been identified in the reporting period(3.47 FRS102 SORP).
* -Tick as appropriate|||
|Yes*
No*|ü
✔|* -Tick as appropriate||
||ü|||
|**_Please disclose:_**||||
|**_(i) the nature of the prior period error;_**|||**_n/a_**|
|**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|||**_n/a_**|
|**_(iii) the amount of the correction at the beginning of the_**
**_earliest prior period presented in the accounts._**|||**_n/a_**|
CC17a (Excel)
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**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in n/a accounting policy**
_**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_
**End of Start of period period £ £ Fund balances as previously stated** _**Adjustments: n/a**_
## **Fund balance as restated**
_**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**End of £ Net income/(expenditure) as previously stated** _**Adjustments: n/a**_ **Previous period net income/(expenditure) as restated**
CC17a (Excel)
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**Section C Notes to the accounts (cont)**
**Note 2 Accounting policies**
## **2.2 INCOME**
|**Recognition of income**
**Donated services and**
**facilities**
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
**Investment gains and**
**losses**
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources;
• the monetary value can be measured with sufficient reliability.
Insurance claims are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the
SoFA.
**Settlement of insurance**
**claims**
**Volunteer help**
This includes any realised or unrealised gains or losses on the sale of investments and any
gain or loss resulting from revaluing investments to market value at the end of the year.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on donations**
**and gifts**
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
The charity has incurred expenditure on support costs.
**Contractual income and**
**performance related grants**
**Support costs**
Membership subscriptions which gives a member the right to buy services or other benefits
are recognised as income earned from the provision of goods and services as income from
charitable activities.
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the
fair value of those gifts at the time of their receipt and they are recognised on receipt. In
the reporting period in which the stocks are distributed, they are recognised as an expense
at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against 'Income from other trading activities' and
the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and
included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
**Donated goods**
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
**Offsetting**
**Grants and donations**
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
The value of any voluntary help received is not included in the accounts but is described in
the trustees’ annual report.|Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*|
|---|---|---|---|
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü|ü
✔|ü|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü
✔|ü|ü|
||Yes*
No*
N/a*|||
||ü|ü|ü
✔|
## **2.3 EXPENDITURE AND LIABILITIES**
CC17 FRS 102 SORP
23/05/2023
6
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
**Liability recognition**
**Governance and support** Support costs have been allocated between governance costs and other support. **costs** Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
**Grants with performance** Where the charity gives a grant with conditions for its payment being a specific level of **conditions** service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.
**Grants payable without** Where there are no conditions attaching to the grant that enables the donor charity to **performance conditions** realistically avoid the commitment, a liability for the full funding obligation must be recognised.
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade discounts A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date
**Creditors**
**Provisions for liabilities**
The charity accounts for basic financial instruments on initial recognition as per paragraph **Basic financial instruments** 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
**2.4 ASSETS Tangible fixed assets for** These are capitalised if they can be used for more than one year, and cost at least **use by charity**
They are valued at cost. The depreciation rates and methods used are disclosed in note 14.
The charity has intangible fixed assets, that is, non-monetary assets that do not have **Intangible fixed assets** physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15.
They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained **Heritage assets** principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16.
They are valued at cost. Fixed asset investments in quoted shares, traded bonds and similar investments are valued **Investments** at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments **Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net **progress** realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at **Debtors** settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has investments which it holds for resale or pending their sale and cash and **Current asset investments** cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments.
|Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*|
|---|---|---|
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü||
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
||||
||||
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü|ü|ü
✔|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
|Yes*
No*
N/a*|||
|ü
✔|ü|ü|
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
CC17 FRS 102 SORP
23/05/2023
7
## **Section C Notes to the accounts (cont)**
## **Note 3 Income**
|**Note 3 Income**|**Income**||||||
|---|---|---|---|---|---|---|
|Donations andgifts
Gift Aid
Legacies
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donatedgoods,facilities and services
Other
**Total**
Sales
Other
**Total**
Other
**Total**
Interest income
Dividend income
Rental and leasingincome
Other -gains on foreign exchange
**Total**
Income in 20/21 related to 21/22 activity
**Total**
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset held for
charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
propertyrights
Other
**Total**
**Other information:**
**Other trading**
**activities:**
**Analysis of income**
**Donations**
**and legacies:**
**TOTAL INCOME**
**Charitable**
**activities:**
**Separate**
**material item**
**of income**
**Other:**
**Income from**
**investments:**|**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|||||
||Donations andgifts|7,654|-|-|7,654|3,100|
||Gift Aid|-|-|-|-|-|
||Legacies|-|-|-|-|-|
||General grants provided by government/other
charities|-|-|-|-|-|
||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-||
||Donatedgoods,facilities and services|-|-|-|-|-|
||Other|-|-|-|-||
||**Total**|7,654|-|-|7,654|3,100|
||||||||
||Sales|3,794|-|-|3,794|4,300|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|3,794|-|-|3,794|4,300|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other||-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Interest income|38|-|-|38|12|
||Dividend income|-|-|-|-|-|
||Rental and leasingincome|-|-|-|-|-|
||Other -gains on foreign exchange|-|-|-|-|-|
||**Total**|38|-|-|38|12|
||||||||
||Income in 20/21 related to 21/22 activity|-||-||-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Conversion of endowment funds into income|-|-|-|-|-|
||Gain on disposal of a tangible fixed asset held for
charity's own use|-|-|-|-|-|
||Gain on disposal of a programme related
investment|-|-|-|-|-|
||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||11,486|-|-|11,486|7,412|
||||||||
|**All income in the prior year was unrestricted except for: (please**
**provide description and amounts)**|||||||
|**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**|||||||
|||n/a|||||
||||||||
|**Within the income items above the following items are material:**
**(please disclose the nature, amount and any prior year amounts)**|||||||
||||||||
|**Where sums originally denominated in foreign currency have been**
**included in income, explain the basis on which those sums have**
**been translated into sterling (or the currency in which the**
**accounts are drawn up).**||
Translated at prevalingrate at time oftransaction.|||||
CC17a
23/05/2023
8
**Section C Notes to the accounts (cont)**
**Note 4**
|**Note 4**|||||||
|---|---|---|---|---|---|---|
|Fundraising agents
Operating charity shops
**Analysis of expenditure on charitable activities**
**Total expenditure on charitable**
**activities**
**Other information:**
**TOTAL EXPENDITURE**
**Total expenditure on raising funds**
Operating a trading company undertaking
non-charitable trading activity
Cost of obtaining investment advice
Independent examiner fees
**Total**
**Total other expenditure**
Investment administration costs
**Separate material**
**item of expense**
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating new
source of future income
Rent collection, property repairs and
maintenance charges
Operating membership schemes and
social lotteries
Staging fundraising events
Database development costs
Other trading activities
**Analysis of expenditure**
Intellectual property licencing costs
Incurred seeking grants
**Other**
bank fees
loss on exchange
Charitable activities
**Expenditure on**
**raising funds:**
Incurred seeking legacies
Portfolio management costs
Investment management costs:
Incurred seeking donations
**Expenditure on**
**charitable**
**activities**|**Analysis of expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|||||
||Incurred seeking donations|-|-|-|-|-|
||Incurred seeking legacies|-|-|-|-|-|
||Incurred seeking grants||||||
||Operating membership schemes and
social lotteries||||||
||Staging fundraising events||||||
||Fundraising agents||||||
||Operating charity shops||||||
||Operating a trading company undertaking
non-charitable trading activity||||||
||Advertising, marketing, direct mail and
publicity|-|-|-|-|-|
||Start up costs incurred in generating new
source of future income|-|-|-|-|-|
||Database development costs|-|-|-|-|-|
||Other trading activities||||||
||Investment management costs:|-|-|-|-||
||Portfolio management costs|-|-|-|-|-|
||Cost of obtaining investment advice|-|-|-|-|-|
||Investment administration costs|-|-|-|-|-|
||Intellectual property licencing costs|-|-|-|-|-|
||Rent collection, property repairs and
maintenance charges|-|-|-|-|-|
|||-|-|-|-|-|
||**Total expenditure on raising funds**|-|-|-|-|-|
||||||||
||||-|-|-|-|
||Charitable activities|6,321|12,574|-|18,895|23,366|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total expenditure on charitable**
**activities**|6,321|12,574|-|18,895|23,366|
||||||||
||Independent examiner fees|1,018|-|-|1,018|830|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|1,018|-|-|1,018|830|
||||||||
||bank fees|7|-|-|7|5|
||loss on exchange|4|-|-|4|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total other expenditure**|11|-|-|11|5|
||||||||
|||7,350|12,574|-|19,924|24,201|
||||||||
|**Activity or**
**programme**|**Activities und**|**ertaken directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**_Total prior_**
**_year_**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|Activity 1
Activity2|Grantintermediation||0||-|0|
||Contract services||18,895|1,029|19,924|24240|
|Other|Bursaries and Scholarships||0|||0|
|**Total**|||18,895|1,029|19,924|24240|
||||||||
|**Prior year expenditure on charitable activities**
**can be analysed as follows:**||n/a|||||
||||||||
|**Within the expenditure items above the following**
**items are material: (please disclose the nature,**
**amount and any prior year amounts)**||
n/a|||||
||||||||
|**Where sums originally denominated in foreign**
**currency have been included in expenditure,**
**explain the basis on which those sums have**
**been translated into sterling (or the currency in**
**which the accounts are drawn up).**||Translated at prevalingrate at time oftransaction.|||||
CC17a (Excel)
23/05/2023
9
## **Section C Notes to the accounts**
## **Note 5 Details of certain types of expenditure**
## **Note 5.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid to the**
**independent examiner**
**Independent examiner’s fees**
**Assurance services other than independent examination**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||1018|858|
||0|0|
||0|0|
||0|0|
CC17a (Excel)
23/05/2023
10
## **Section C Notes to the accounts (cont)**
## **Note 6 Debtors and prepayments**
## **6.1 Analysis of debtors**
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||476.0|500.0|
||-|-|
||-|-|
||476.0|500.0|
CC17a (Excel)
23/05/2023
11
## **Section C Notes to the accounts (cont)**
**Note 7 Cash at bank and in hand**
|**Note 7 Cash at bank and in hand**|||
|---|---|---|
|**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**£**|**Last year**
**£**|
||-|-|
||-|-|
||18,042|25,816|
||-|-|
||18,042|25,816|
CC17a (Excel)
23/05/2023
12
## **Section C Notes to the accounts (cont)**
## **Note 8 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **8.1 Analysis of creditors**
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||1,200|1,200|-|-|
||-|-|-|-|
||1,020|380|-|-|
||-|-|-|-|
||-|-|-|-|
||2,220|1,580|-|-|
CC17a (Excel)
23/05/2023
13
## **Section C Notes to the accounts (cont)**
## **Note 9 Charity funds**
## **9.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Fund names**|**Type PE, EE R**
**or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|---|---|
|2021/22 Grant received in 20/21|R||12,574||12,574|-|-|-|
|Other funds (balancing figure)|UR||12,201|11,486|7,389|-|-|16,298|
|||||||-|-||
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
|**_Other funds (balancing figure)_**|**N/a**|**N/a**|-|-|-|-|-|-|
|**Total Funds as per balance sheet**|||24,775|11,486|19,963|-|-|16,298|
CC17a (Excel)
23/05/2023
14
## **Section C Notes to the accounts (cont)**
## **Note 10. Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **10.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their**
**charity or a related entity (True or False)**
_**TRUE**_
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|---|
|||**This year**|||||**Last year**
**£**|
|||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**||
|||**£**|**£**|**£**|**£**|**£**||
|||||||**0**||
|||||||||
|||||||||
|||||||||
|**_State the number of trustees to whom retirement benefits are_**
**_accruing under a defined contribution pension scheme._**
**_Where an ex gratia payment has been made to a trustee,_**
**_provide an explanation of the nature of the payment._**
**_If a third party has been reimbursed for providing one or more_**
**_trustees, state the nature of the payment and amount of the_**
**_reimbursement._**
**_Please give details of why remuneration or other employment_**
**_benefits were paid._**||||||||
|||||||||
|||||||||
|||||||||
|||||||||
## **10.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**No trustee expenses have been incurred (True or False)**|||**_FALSE_**|
|---|---|---|---|
|||||
|**Type of expenses reimbursed**||**This year**|**Last year**|
|||**£**|**£**|
|**Travel**||**239**|**0**|
|**Subsistence**||**308**|**0**|
|**Accommodation**||**895**||
|**Other (please specify):**||||
|||||
||**TOTAL**|**1441**|**0**|
|**Please provide the number of trustees reimbursed for**
**expenses or who had expenses paid by the charity**||||
||**One trustee-Patricia Shaw**|||
## **10.3 Transaction(s) with related parties**
CC17a (Excel)
23/05/2023
15
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
**There have been no related party transactions in the reporting period (True or False)** _**TRUE**_
|**Name of the trustee or**
**related party**|**Relationship to**
**charity**|
**Description of the**
**transaction(s)**|**Amount**||**Balance at**
**period end**|**Provision for bad debts**
**at period end**|**Amounts**
**written off**
**during**
**reporting**
**period**|
|---|---|---|---|---|---|---|---|
||||**£**||**£**|**£**|**£**|
|||||||||
|||||||||
|||||||||
|||||||||
|**_For any related party, please provide details of any guarantees_**
**_given or received._**
**_In relation to the transactions above, please provide the terms_**
**_and conditions, including any security and the nature of any_**
**_payment (consideration) to be provided in settlement._**||||||||
|||||||||
|||||||||
|||||||||
CC17a (Excel)
23/05/2023
16