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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|
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||||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.|||
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||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|
##
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||||||||Cash Flow Statement|||
|---|---|---|---|---|---|---|---|---|---|
|||||||for the|Year Ended 31March|2023||
|||||||||31.3.23|31.3.22|
|||||||Notes||||
|Cash flows from|operating|||activities||||||
|Cash generated
Rom||operations||||||122,514|117,621|
|Net cash provided|by|operating|||activities|||122,514|117,621|
|Cash flows from|investing|||activities||||||
|Purchase oftangible||fixed|assets|||||(2,718)|(10,361)|
|Interest received||||||||597|34|
|Net cash used in|investing||activities|||||(2,121)|(10,327)|
|Change
in cash and||cash|equivalents|||in the||||
|reporting
period||||||||120,393|107,294|
|Cash and cash equivalents||||at the beginning||||||
|ofthe reporting|period|||||||868,141|760,847|
|Cash and cash equivalents||||at the end||ofthe||||
|reporting
period||||||||988,534|868,141|
##
|||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|
##
|ANALYSIS OF CHANGES IN NET F|UNDS|||
|---|---|---|---|
||At 1.4.22|Cash flow|At 31.3.23|
|Net cash||||
|Cash at bank|868,141|120,393|988,534|
||868,141|120,393|988,534|
|Total|868,141|120,393|988,534|
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|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|
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|||||||||Direct|
|---|---|---|---|---|---|---|---|---|
|||||||||Costs|
|Maintenance|and regulation||of||||||
|professional|standards|||||||333,447|
|SUPPORT|COSTS||||||||
||||||||Governance||
|||||Management|Finance|Other|costs|Totals|
|Other resources expended||||256,490|167|4,806|23,191|284,654|
|NET INCOME/(EXPENDITURE)|||||||||
|Net income/(expenditure)|||is stated|after charging/(crediting):|||||
||||||||31.3.23|31.3.22|
|Depreciation|- owned assets||||||4,807|2,423|
|Hire ofplant|and machinery|||||||1,769|
|Other operating
leases|||||||26,121|28,334|
|Independent|examiner's|fee|||||3,013|2,172|
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|Trustees'|expenses|||
|---|---|---|---|
|||31.3.23|31.3.22|
|Trustees'|expenses|3,548|2,202|
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|The average monthly|num|ber ofemployees|during the year was|as follow|s:|||
|---|---|---|---|---|---|---|---|
|||||||31.3.23|31.3.22|
|Average employees|in the|year||||7|6|
|The number ofemployees||whose employee|benefits (excluding|employer|pension costs) exceeded||K60,000was:|
|||||||31.3.23|31.3.22|
|f90,001 —f.100,000||||||1|1|
|TANGIBLE FIXEDASSETS||||||||
|||||Fixtures||||
||||||and|Computer||
||||||fittings|equipment|Totals|
|COST||||||||
|At 1 April 2022|||||8,290|22,343|30,633|
|Additions||||||2,718|2,/18|
|At 31March 2023|||||8,290|25,061|33,351|
|DEPRECIATION||||||||
|At 1 April 2022|||||6,521|7,605|14,126|
|Charge for year|||||443|4,364|4,807|
|At 31March 2023|||||6,964|11,969|18,933|
|NET BOOK VALUE||||||||
|At 31March 2023|||||1,326|13,092|14,418|
|At 31March 2022|||||1,769|14,738|16,507|
##
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|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||||
|MOVEMEN|T IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.4.22|in funds|31.3.23|
|Unrestricted|funds||||
|General fund||347,351|93,624|440,975|
|TOTALFUNDS||347,351|93,624|440,975|
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|||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|
|||||||resources|expended|in funds|
|Unrestricted|funds||||||||
|General fund||||||711,725|(618,101)|93,624|
|TOTAL FUNDS||||||711,725|(618,101)|93,624|
|Comparatives|for movement||in funds||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.4.21|in funds|31.3.22|
|Unrestricted|funds||||||||
|General fund||||||232,062|115,289|347,351|
|TOTAL FUNDS||||||232,062|115,289|347,351|
|Comparative|net movement|in|funds, included|in the|above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|Unrestricted|funds||||||||
|General
fund||||||640,021|(524,732)|115,289|
|TOTAL FUNDS||||||640,021|(524,732)|115,289|
|A current year 12months||and|prior year 12months||combined position|is as follows:|||
||||||||Net||
||||||||movement|At|
|||||||At 1.4.21|in funds|31.3.23|
|Unrestricted|funds||||||||
|General fund||||||232,062|208,913|440,975|
|TOTAL FUNDS||||||232,062|208,913|440,975|
##
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||1,351,746|(1,142,833)|208,913|
|TOTAL FUNDS||1,351,746|(1,142,833)|208,913|
##
##
|||The British Psychoanalytic|Council|||
|---|---|---|---|---|---|
|||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|