2021-12-31-accounts

Reports
Trustees'report	1
Independentauditor'sreport	17
Accounts
Statementoffinancialactivities	21
Balancesheet	22
Statementofcashflows	23
Notestothefinancialstatements	243
Referenceandadministrativeinformation	44

entageoffemaleempl	oyeesinDirectorroles.
Date	%Meanpaygap	%Medianpaygap
April2022	21.2	16.5
Feb2021	15.3	28.4
March2020	21.9	22.6
Dec2019	27.5	21.8

Date	25thpercentilepayratio	Medianpayratio75thpercentilepayratio	Medianpayratio75thpercentilepayratio
April2022	2.9:1	2.4:1	1.9:1
Feb2021	3.0:1	2.5:1	1.9:1
March2020	3.4:1	2.7:1	1.9:1
Dec2019	3.6:1	2.8:1	1.9:1

Date	April2022	Feb2021	March2020
%meanhourlypay	12.5	3.2	9.9
gapBAMEandwhite
employees
%medianhourlypaygap	10.6	12.5	16.1
BAME
andwhiteemployees
%employeesreportingas	25	25	3o
BAME

15 September 2022

29 September 2022

		Yearto31December2021	Yearto31December2021	Yearto31December2021	Periodended	31December	2o2o
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds	funds	funds	funds	funds
	Notes	£	f	£	£	£	£
INCOMEFROM:
Donationsandlegacies(including
giftsinkind)		-	-		57,817		57,817
Raisingfunds	2	261,316	-	261,316	127,986	-	127,986
Charitableactivities	3
-Createabetterenvironmentfor
fundraiserstoraisemoney		1,157,690	944,545	2,102,235	851,117	784,029	1,635,146
-Increaseunderstandingof
fundraising		269,763	22,640	292,403	72,911	17,960	90,871
-Enablefundraiserstobethe
besttheycanbe		1,059,559	222,374	1,281,933	1,023,479	185,692	1,209,171
Othersources		237		237	134		134
TOTALINCOME		2,748,565	1,189,559	3,938,124	2,133,444	987,681	3,121,125
EXPENDITUREON:
Raisingfunds	2	186,625	-	186,625	181,817	-	181,817
Charitableactivities	4
-Createabetterenvironmentfor
fundraiserstoraisemoney		886,720	919,202	1,805,922	854,145	909,930	1,764,075
-Increaseunderstandingof
fundraising		311, 159	23,227	334,386	284,509	18,214	302,723
-Enablefundraiserstobethebest
theycanbe		1,585,850	218,949	1,804,799	1,207,913	137,722	1,345,635
TOTALEXPENDITURE		2,970,354	1,161,378	4,131,732	2,5i8,384	1,065,866	3,594,250
NETEXPENDITURE		(221,789)	28,181	(193,608)	(394,940)	(78,185)	(473,125)
TRANSFERSBETWEENFUNDS	13	(20,000)	20000 t	-	47,663	(47,663)
NETMOVEMENTINFUNDS		(241,789)	48,181	(193,608)	(347,277)	(125,848)	(473,125)
RECONCILIATIONOFFUNDS
Totalfundsbroughtforwardat1st
January2021	13,14	831,671	297,299	1,128,970	1,178,948	423,147	1,602,095
Totalfundscarriedforwardat31st
December2021	13,	589,882	345,480	935,362	831,671	297,299	1,128,970

15 September 2022

		Yearto31	Periodended31
		December2021	December2020
	Note	i	£
Cashflowfromoperatingactivities
Netcashusedinoperatingactivities	A	(101,976)	(436,174)
Cashflowsfrominvestingactivities
Purchaseoffixedassets		(15,870)	(141,472)
Netcashusedininvestingactivities		(15,870)	(141,472)
Changeincashandcashequivalentsintheyear
		(117,846)	(577,646)
Cashandcashequivalentsbroughtforward		932,680	1,510,326
Cashandcashequivalentscarriedforward	B	814,834	932,68o
Notestothecashflowstatementfortheyearto31December		2023.
A. Reconciliationofnetmovementsinfundsto	netcash	flowfromoperatingactivities
		Yearto31	Periodended31
		December2021	December2020
		f	£
Netexpenditureforthereportingperiod(asperthe
statementoffinancialactivities)
		(193,608)	(473,125)
Adjustmentsfor:
Depreciationandamortisationcharge		126,132	63,497
(Increase)/decreaseindebtors		(4,179)	278,537
Decreaseincreditors		(30,321)	(305,o83)
Netcashusedinoperatingactivities		(101,976)	(436,174)
B. Analysisofcashandcashequivalents
		Yearto31	Periodended31
		December2021	December
			2020
		£	£
Totalcashandcashequivalents:cashatbankandin
hand
		814,834	932,68o

	Unrestricted	funds
	Yearto31	Periodended31
	December2021	December2020
	£	£
Incomefromraisingfunds
Corporatesupport	173,758	112,838
Corporatesponsorship	87►558	15,148
	261,316	127,986
	Unrestricted	funds
	Yearto31	Periodended31
	December2021	December2020
	£	£
Costsofraisingfunds
Staffcosts	97,534	153,796
Webdevelopment	40,590	28,245
Corporatesponsorship	(20,380)	(33,862)
Supportcosts(note5)	68,882	33,638
	186,625	181,817

.Incomefromcharitableactivities
	Createabetter		Enable
	environmentfor	Increase	Fundraisersto	Yearto31
	fundraiserstoraise	understanding	bethebest	December2021
	money	offundraising	theycanbe	Total
	£	£	£	f
Unrestrictedfunds
Individualmembership	434,944			434,944
Organisationalmembership	722,746			722,746
ComplianceDirectorate	-	269,763		269,763
Nationalconvention,conferencesandevents			207,281	207,281
Academy			696,950	696,950
Otherprofessionaldevelopmentincome			97,334	97,334
Regionalandspecialinterestgroups			57,994	57,994
	1,157,690	269,763	1,059,559	2,487,012
Restrictedfunds
Walesoffice			38,85o	38,85o
Scotlandoffice	16,980	22,640	73,58o	113,200
RememberACharity	927,565			927,565
ArtsCouncilEngland			109,944	109,944
	944,545	22,640	222,374	1,189,559
	2,102,235	292,403	1,281,933	3,676,571
TotalincomefromcharitableactivitiestoDecember2021

			Enable
	Createabetter	Increase	Fundraisersto	Periodto31
	environmentfor	understanding	bethebestthey	December2020
	fundraiserstoraisemoney	offundraising	canbe	Total
	£	£	f	£
Unrestrictedfunds
Individualmembership	371,518			371,518
Organisationalmembership	479,599			479,599
ComplianceDirectorate		72,911		72,911
Nationalconvention,conferencesandevents			404,131	404,131
Academy			504,309	504,309
Otherprofessionaldevelopmentincome			69,747	69,747
Regionalandspecialinterestgroups			45,292	45,292
	851,117	72,911	1,023,479	1,947,507
Restrictedfunds
Walesoffice			44,367	44,367
Scotlandoffice	13,470	17,960	58,369	89,799
RememberACharity	620,559			620,559
CIOFLottery	150,000			150,000
ArtsCouncilEngland			82,956	82,956
	784,029	17,960	185,692	987,681
TotalincomefromcharitableactivitiestoDecember2020	1,635,146	90,871	1,209,171	2,935,188

b.Expenditureoncharitableactivities
	Createabetter		Enable
	environmentfor	Increase	Fundraisersto
	fundraiserstoraise	understanding	bethebest	Yearto31Dec
	money	offundraising	theycanbe	2021Total
	f	f	f	f
Unrestrictedfunds
Membershipservices	561,896			561,896
Nationalconvention			402,438	402,438
Academy			645,179	645,179
Policyprojects	109,569	87,655	21,914	219,138
Otherprofessionaldevelopmentcosts			42,989	42,989
Regionalandspecialinterestgroups			42,821	42,821
ComplianceDirectorate		77,131		77,131
Supportcosts(note5)	215,255	146,373	430,509	792,137
	886,720	311,159	1,585,850	2,783,729
Restrictedfunds
Walesoffice		-	43,317	43,317
Scotlandoffice	14,536	19,381	62,990	96,907
RememberACharity	791,782		-	791,782
ArtsCouncilEngland			66,176	66,176
Supportcosts(note5)	112,884	3,846	46,466	163,196
	919,202	23,227	218,949	1,161,378
TotalexpenditureoncharitableactivitiestoDecember2021	1,805,922	334,386	1,804,799	3,945,107

.Expenditureoncharitableactivities(continued)
	Createabetter		Enable
	environmentfor	Increase	Fundraisersto
	fundraiserstoraise	understanding	bethebestthey	Periodto31Dec
	money	offundraising	canbe	2020Total
	£	£	£	£
Unrestrictedfunds
Membershipservices	636,923			636,923
Nationalconvention			476,950	476,950
Academy			432,075	432,075
Policyprojects	112,104	89,683	22,421	224,208
Otherprofessionaldevelopmentcosts			24,637	24,637
Regionalandspecialinterestgroups			41,594	41,594
ComplianceDirectorate		123,346		123,346
Supportcosts(note5)	105,118	71,480	210,236	386,834
	854,145	284,509	1,207,913	2,346,567
Restrictedfunds
Walesoffice			24,410	24,410
Scotlandoffice	11,894	15,855	51,528	79,277
RememberACharity	663,767			663,767
CIOFLottery	150,000			150,000
ArtsCouncilEngland			27,328	27,328
Supportcosts(note5)	84,269	2,359	34,456	121,084
	909,930	18,214	137,722	1,065,866
TotalexpenditureoncharitableactivitiestoDecember2020	1,764,075	302,723	1,345,635	3,412,433

		Createabetter		Enable
		environment	Increase	Fundraisersto
	Basisof	forfundraisers	understanding	bethebestthey	Costofraising	Yearto31Dec
	Allocation	toraisemoney	offundraising	canbe	funds	2021Total
		£	f	£	£	f
SupportCost
Depreciation&amortisation	StaffTime	26,509	18,026	53,017	8,483	106,035
Operatingleaserentals	StaffTime	34,545	23,491	69,090	11,054	138,180
Governancecosts(note6)	StaffTime	5,366	3,649	10,732	1,717	21,464
Miscellaneous	StaffTime	147,179	100,082	294,358	47,097	588,716
IrrecoverableVAT(note8)	StaffTime	1,656	1,125	3,312	530	6,623
TotalunrestrictedDec2021		215,255	146,373	430,509	68,881	861,018

			Restrictedfunds
		Createa
		better
		environment		Enable
		for		Fundraisers
		fundraisers	Increase	tobethe		Yearto31
	Basisof	toraise	understanding	bestthey	Costof	Dec2021
	Allocation	money	offundraising	canbe	raisingfunds	Total
		£	£	£	£	£
SupportCost
Depreciation&amortisation	StaffTime	13,902	474	5,722		20,098
Operatingleaserentals	StaffTime	18,126	617	7,458		26,191
Governancecosts(note6)		2,814	96	1,158		4,068
Miscellaneous	StaffTime	77,184	2,629	31,771		111,584
IrrecoverableVAT(note8)	StaffTime	868	30	357		1,255
Totalrestricted2021		112,884	3,846	46,466		163,196
TotalallocatedDec2021		328,139	150,219	476,975	68,881	1,024,214

			Unrestrictedfunds
		Createabetter		Enable
		environment	Increase	Fundraisersto
	Basisof	forfundraisers	understanding	bethebestthey	Costofraising	Periodendto31
	Allocation	toraisemoney	offundraising	canbe	funds	Dec2020Total
		£	£	£	£	£
SupportCost
Depreciation&amortisation	StaffTime	12,325	8,381	24,650	3,944	49,300
Operatingleaserentals	StaffTime	18,215	12,386	36,429	5,829	72,859
Governancecosts(note6)	StaffTime	7,685	5,225	15,369	2,549	30,828
Miscellaneous	StaffTime	66,396	45,150	132,793	21,247	265,586
IrrecoverableVAT(note8)	StaffTime	497	338	995	159	1,989
TotalunrestrictedDec2020		105,118	71,480	210,236	33,728	420,562

			Restrictedfunds
		Createa
		better
		environment		Enable
		for		Fundraisers
		fundraisers	Increase	tobethe		Periodendto
	Basisof	toraise	understanding	besttheycan	Costof	31Dec2020
	Allocation	money	offundraising	be	raisingfunds	Total
		£	£	£	£	£
SupportCost
Depreciation&amortisation	StaffTime	9,881	277	4,040		14,198
Operatingleaserentals	StaffTime	14,602	590	5,790		20,982
Governancecosts(note6)	StaffTime	6,160		2,700		8,86o
Miscellaneous	StaffTime	53,228	1,490	21,763		76,481
IrrecoverableVAT(note8)	StaffTime	398	2	163		563
Totalrestricted2020		84,269	2,359	34,456		121,084
TotalallocatedDec2020		189,387	73,839	244,692	33,728	541,646

		Yearto31Dec	Periodto31
		2021	December2020
		£	£
Auditor'sfees	-statutoryaudit	15,965	15,500
	-underprovisionfrompreviousyear	6,862	372
	-otherservices	2,705	2,625
Trustees'meetingcosts			241
Officeandother	costs		20,852
		25,532	39,590
Staffcosts
		Yearto31Dec	Periodto31
		2021	December2020
		£	£
Wagesandsalaries		1,698,501	1,527,969
Socialsecuritycosts		154,596	162,679
Pensioncontributions		91,887	99,856
Redundancy/terminationpayments			175,924
		1,944,984	1,966,428
uringtheyear,employeesearninginexcessof£60,000perannumfellintothefollowing:
		Yearto31Dec	Periodto31
		2021	December2020
		Number	Number
			1
£90,000-£99,999
£70,000-£79,999		2	5
£60,000-£69,999			2

		Periodto31
	Yearto32	December
	Dec2021	2020
	Number	Number
Costsofraisingfunds	3	5
Createabetterenvironmentforfundraiserstoraisemoney	io	13
Increaseunderstandingoffundraising	11	13
Enablefundraiserstobethebesttheycan	28	21
	42	52

Intangiblefixedassets
	Computer
	software
Allusedfordirectcharitablepurposes	andwebsite	Total
	£	f
Cost
At1January2021and31December2021	813,479	813,479
Amortisation
At1January2021	308,416	308,416
Chargeforyear	108,217	2.08,217
At31December2021	416,633	416,633
Netbookvalue
At31December2021	31,369	31,369
At31December2020	5o5,o63	505,063

	Office	Furnitureand
	equipment	fittings	Total
	£	£	£
Cost
At1January2021	64,368	183,655	248,023
Additions	15,870		15,870
Disposals	(26,116)	(183,655)	(209,771)
At31December2021	54,122		54,122
Depreciation
At1January2021	32,282	182,327	214,609
Chargeforyear	16,587	1,328	17,915
Ondisposals	(26,116)	(183,655)	(209,771)
At31December2021	22,753		22,753
Netbookvalue
At31December2021	31,369		31,396
At31December2020	32,086	1,328	33,414

.Debtors
	Yearended31	Periodended31
	Dec2021	December2020
	£	£
TradeDebtors-Unrestricted	479,399	277,999
TradeDebtors-Restricted	38,871	187,437
AccruedIncome	88,252	79,562
OtherDebtors	32,214	118,834
Prepayments	120,372	91,097
	759,108	754,929
2.Creditors-Amountsfallingduewithinoneyear
	Yearended31	Periodended31
	Dec2021	December2020
	£	£
Tradecreditors	114,869	74,270
VAT	32,736	10,792
TaxationandSocialSecuritycosts	40,269	81,159
OtherCreditors	68,882	222,180
Accruals&Deferredincome-Unrestricted	526,068	502,620
Accruals&Deferredincome-Restricted	293,971	317,095
	1,066,795	1,097,116
	Yearended31	Periodended31
	Dec2021	December2020
	£	£
Deferredincomebroughtforward	792,727	1,070,089
Incomereleasedduringtheperiod	(792,727)	(2,085,077)
Incomedeferredduringtheperiod	810,039	1,807,715
Deferredincomecarriedforward	810,039	792,727

	At1			Transfers	At31
	January			gainsand	December
	2021	Income	Expenditure	(losses)	2021
	£	£	£	f	f
Unrestrictedfunds
Generalfunds	58,033	2,690,571	(2,828,635)	100,000	19,969
Designatedfunds
-Regionalandspecialinterestgroups	277,774	57,994	(42,821)	(120,000)	172,947
-Fixedassets(intangibleandtangible)	495,864		(98,898)		396,966
Totaldesignatedfunds	773,638	57,994	(141,719)	(120,000)	569,913
Totalunrestrictedfunds	831,671	2,748,565	(2,970,354)	(20,000)	589,882
Restrictedfunds
Walesoffice	12,567	38,85o	(51,417)
RememberACharity	164,730	927,565	(901,781)		190,514
Scotlandoffice	18,730	113,200	(116,136)	20,000	35,794
ArtsCouncilEngland	101,272	1°9,944	(92,044)		119,172
Totalrestrictedfunds	297,299	1,189,559	(1,161,378)	20,000	345,48o
Totalfunds2021	1,128,970	3,938,124	(4,131,732)		935,362

	General	Designated	Restricted	Total
Atyearend31December2021	funds	funds	funds	funds
	£	£	£	f
Fixedassets		396,966	31,249	428,215
Debtors	720,237		38,873.	759,108
Cashinbankandathand	72,556	172,947	569,331	814,834
Creditors:amountsfallingdue
withinoneyear
	(772,824)		(293,971)	(1,066,795)
Total2021	19,969	569,913	345,480	935,362
	General	Designated	Restricted	Total
Atperiodend31December2020	funds	funds	funds	funds
	£	£	£	£
Fixedassets		495,864	42,613	538,477
Debtors	567,492		187,437	754,929
Cashinbankandathand	270,562	277,774	384,344	932,680
Creditors:amountsfallingdue
withinoneyear	(780,021)		(317,095)	(1,097,116)
Total2020	58,033	773,638	297,299	1,128,970

	Property		Equipment	Equipment
		Periodend
		to31	Yearend31	Periodendto
	Yearend33.	December	December	31December
	December2021	2020	2023.	2020
	£	£	£	£
		102,033		33,700
Withinoneyear
Betweentwoandfiveyears		8,503		21,862
		110,536		55,562

	£	£
Intangibleassets
.Cost	878,373
.Amortisation	(458,293)
		420,080
Tangiblefixedassets
.Cost	368,842
.Depreciation	(328,420)
		40,422
Debtors		1,033,466
Cashatbankandinhand		1,510,326
Creditors:amountsfallingduewithinoneyear		(1,402,199)
		1,602,095

heassetsandliabilitieswererepresentedbythef	ollowingfunds:
	£
Unrestrictedfunds	282,691
.Generalfunds	896,257
.Designatedfunds	423,147
	1,602,095

Referenceandadm	inistrativedetails
Charityname	CharteredInstituteofFundraising
Charitynumbers	EnglandandWales1188764,Scotland
	SCo5oo6o
Registeredoffice	Canopi,7-14GreatDoverStreet,
	London,SE].4YR
Auditors	BuzzacottLLP
	130WoodStreet,LondonEC2V6DL
Bankers	NationalWestminsterBankPLC
	358SouthLambethRoad,London,SW8iUR
Solicitors	Bates,Wells&BraithwaiteLondonLLP
	ioQueenStreetPlace,London,EC4R'BE
ChiefExecutive	PeterLewis,ChiefExecutive(to21May2021),
	DhivyaO'Connor,interimChiefExecutive(fromio
	May2021)
	KatieDocherty,ChiefExecutive(from4October
	2021).