2023-03-31-accounts - British Psychoanalytic Council

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			Page
Report ofthe Trustees		1	to	13
Independent Examiner's	Report		14
Statement ofFinancial	Activities		15
Balance Sheet		16	to	17
Cash Flow Statement			18
Notes to the Cash Flow	Statement		19
Notes to the Financial Statements		20	to	27
Detailed Statement ofFinancial Activities		28	to	29

			f	or the Year Ended 31March	2023
						31.3.23	31.3.22
						Unrestricted	Total
						funds	funds
				Notes
INCOME AND		ENDOWMENTS FROM
Charitable	activities
Maintenance	and	regulation ofprofessional
standards						711,128	639,987
Investment	income					597	34
Total						711,725	640,021
EXPENDITURE ON
Charitable	activities
Maintenance	and	regulation ofprofessional
standards						333,447	321,560
Other						284,654	203,172
Total						618,101	524,732
NET INCOME						93,624	115,289
RECONCILIATION			OF FUNDS
Total funds	brought forward					347,351	232,062
TOTAL FUNDS		CARRIED FORWARD				440,975	347,351
CONTINUING		OPERATIONS
The statement of		financial activities includes		all gains and losses recognised	in the year.

	Balance Sheet 31March 2023
		31.3.23	31.3.22
		Unrestricted	Total
		funds	funds
	Notes
FIXEDASSETS
Tangible assets		14,418	16,507
CURRENT ASSETS
Debtors	10	61,823	47,099
Cash at bank		988,534	868,141
		1,050,357	915,240
CREDITORS
Amounts falling due within one year		(623,800)	(584,396)
NET CURRENT ASSETS		426,557	330,844
TOTAL ASSETSLESSCURRENT
LIABILITIES		440,975	347,351
NET' ASSETS		440,975	347,351
FUNDS	12
Unrestricted funds		440,975	347,351
TOTAL FUNDS		440,975	347,351

		Notes to the Cash Flow Statement for the Year Ended 31March 2023	Notes to the Cash Flow Statement for the Year Ended 31March 2023
RECONCILIATION		OF NET INCOME TO NET CASH FLOW FROM		OPERATING ACTIVITIES
				31.3.23	31.3.22
Net income for the	reporting		period (as per the Statement ofFinancial
Activities)				93,624	115,289
Adjustments for:
Depreciation charges				4,807	2,423
Interest received				(597)	(34)
Increase in debtors				(14,724)	(22,362)
Increase in creditors				39,404	22,305
Net cash provided	by	operations		122,514	117,621

INVESTMENT INCOME	INVESTMENT INCOME
				31.3.23	31.3.22
Deposit account interest				597	34
INCOME	FROM CHARITABLE ACTIVITIES
				31.3.23	31.3.22
		Activity
		Maintenance	and regulation ofprofessional
Membership	fees	standards		650,306	604,295
		Maintenance	and regulation ofprofessional
Conferences	and events	standards		32,275	26,120
		Maintenance	and regulation ofprofessional
Publications		standards		4,062	3,572
		Maintenance	and regulation ofprofessional
Regulatory	accreditation	standards		23,000	6,000
		Maintenance	and regulation ofprofessional
Covid-19 Grant		standards		1,485
				711,128	639,987

Trustees'	expenses
		31.3.23	31.3.22
Trustees'	expenses	3,548	2,202

10.	DEBTORS:AMOUNTS FALLING D	UE WIT	HIN ONE YEAR
			31.3.23	31.3.22
	Trade debtors		13,425	3,739
	Other debtors		3,175	3,175
	Prepayments and accrued income		45,223	40,185
			61,823	47,099
11.	CREDITORS: AMOUNTS FALLING	DUE WITHIN ONE YEAR
			31.3.23	31.3.22
	Trade creditors		8,525	35,103
	Social security and other taxes		14,490	6,837
	Accruals and deferred income		600,785	542,456
			623,800	584,396
	Deferred income comprises membership	received	in advance ofthe year to which it relates.
				31.03.22
	Balance as at 1stApril 2022			525,441
	Amount released to income earned fiom	charitable	activities	(525,441)
	Amount deferred in year			573,628
	Balance as at 31stMarch 2023			573,628
12.	MOVEMENT IN FUNDS

		The British Psychoanalytic
		Detailed Statement ofFinancial Activities
		for the Year Ended 31March 2023
			31.3.23	31.3.22
INCOME AND ENDOWMENTS
Investment income
Deposit account interest			597	34
Charitable activities
Membership fees			650,306	604,295
Conferences and events			32,275	26,120
Publications			4,062	3,572
Regulatory accreditation			23,000	6,000
Covid-19 Grant			1,485
			711,128	639,987
Total incoming resources			711,725	640,021
EXPENDITURE
Charitable activities
Wages			167,147	139,936
Social security			14,554	11,336
Pensions			12,071	10,872
Publications			19,224	17,977
Website and database costs			13,434	9,540
Projects and grants			100
Fitness to practise			10,265	19,228
Regulatory reaccreditation			5,934	1,621
Professional memberships			22,468	18,285
Temporary staff			12,274	41,755
Stafftraining				816
Recruitment costs				15,321
Events costs			42,777	25,709
Research projects			1,056	590
Membership costs			12,143	8,574
			333,447	321,560
Support costs
Management
Wages			140,300	106,385
Social security			15,642	11,423
Pensions			10,609	8,173
Hire ofplant and	machinery			1,769
Other operating	leases		26,121	28,334
Carried forward			192,672	156,084

					Detailed Statement ofFinancial Activities
					for the Year Ended 31March 2023
						31.3.23	31.3.22
Management
Brought forward						192,672	156,084
Premises costs						2,866	2,581
Insurance						3,555	3,555
Legal and professional				fees		1,956	843
Office running		costs				33,810	15,314
Venue hire						52	(297)
Catering and		Refi.eshments				758	64
Stafftraining						1,998	756
Travel and subsistance						1,457	19
Accountancy		and bookkeeping				4,646	5,734
Staffing: Recruitment			Costs			12,720
						256,490	184,653
Finance
Bank charges						167	92
Other
Fixtures and	fittings					442	479
Computer equipment						4,364	1,944
						4,806	2,423
Governance		costs
Trustees' honorarium						8,000	9,000
Trustees' expenses						3,548	2,202
Independent	examiner's			fee		3,013	2,172
Legal fees						6,541	2,586
Catering and		Re&eshments				273	44
Travel and subsistance						150
Ex-trustees Honorarium						1,250
Venue Hire						416
						23,191	16,004
Total resources		expended				618,101	524,732
Net income						93,624	115,289