## **Trustees’ Annual Report for the period** **From 1 Jan 2021 Period start date To 31 Dec 2021 Period end date** **Charity name: Association for Psychoanalytic Psychotherapy in the Public Sector** ## **Charity registration number: 1193815** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance education in the field of**
**psychoanalytic psychotherapy in the**
**NHS, public and voluntary sectors**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**1. Publish the Journal ‘Psychoanalytic**
**Psychotherapy’ Four issues per year**
**2. Hold educational events One annual**
**lecture, three primary care group**
**seminars**
**3. Promote higher standards of training**
**through (new) membership of the British**
**Psychoanalytic Council**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**We have made no grants in this year**| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|**Apart from Office functions and Journal**
**Editors, all the other activities are**
**performed by volunteers. Most of this**
**work is in planning, organising and**
**holding educational events.**| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**1. Journal ‘Psychoanalytic**
**Psychotherapy’ ISSN 0266-8734:**
**4 regular issues, plus 2 special issues**
**(Tavistock centenary 1, State of the**
**Nation 2).**
**2. Educational events:**
**Annual Lecture (40th anniversary)**
**30 Nov Prof Peter Fonagy, with Mary**
**Hepworth and Malcolm Allen**
**Primary Care Group seminars**
**27 Feb ‘Behind Shields or Barriers?’**
**(joint meeting with Older Adults Group)**
**19 July ‘Primary Care before and after**
**the impact of Covid-19’ with Philip**
**Stokoe**
**16 Oct ‘Long Covid’ with Prof Patrick**
**Luyten, Suzanne Heywood-Everett and**
**Sari Harenwall**
**3.British Psychoanalytic Council (BPC).**
**Initial discussions with BPC on how we**
**are to accept members as registrants of**
**the BPC.**| **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|**The Covid pandemic continued to cause**
**major disruption to our education**
**events plans.**| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**We made an operating surplus of £5330,**
**and an overall surplus of £10,042, giving**
**us total funds of £47,486**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|| |Amount of reserves held|Para 1.22|**£47,486**| |Reasons for holding zero
reserves|Para 1.22|**n/a**| |Details of fund materially in
deficit|Para 1.24|**n/a**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**None**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Membership subscriptions represent**
**most of the income.**
**Events (lectures, seminars) generate a**
**small additional income, but the main**
**aim of these is to cover costs.**
**Journal income (royalties, etc) does not**
**cover its costs.**| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|**The Covid pandemic meant that many**
**practitioners had to prioritise work**
**commitments over other activities.**
**Membership of the British**
**Psychoanalytic Council has led to an**
**increase in workload on trustees and**
**other volunteers**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Association Constitution**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Volunteers who are active in the charity**
**may stand for trusteeship at the AGM.**
**There are no trustees from outside the**
**active volunteers within the charity**| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|Association for Psychoanalytic Psychotherapy in the Public
Sector| |---|---| |Other name the charity uses|APPPS| |Registered charity number|1193815| |Charity’s principal address|c/o Albany Trust
239a Balham High Road
London SW17 7BE| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||JeremyClarke|Chair||| ||AnthonyBurch|Hon Treasurer||| ||Andrew Soutter|||| ||MaryBurd|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name none** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**none**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |**n/a**||| |||| |||| |||| **Name of chief executive or names of senior staff members (Optional information)** none ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** **Office functions, including membership and communications, are contracted out to others. There are no staff employed by the charity.** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** A M Burch **Full name(s)** Anthony Burch **Position (eg Secretary,** Hon Treasurer **Chair, etc)** **Date** 30/10/2023 Independent eumlner's repon io the irullets ol the Associ•don Psycho•n•ty15c Psychothenpy In iht PulAlc Sertor, • ¢h•rii•ble Incorpor•ied org•nls•don I report to the tiu%tees on my exèminanon ol Ihe act0￿￿15 01 ihe Associabon loi Psytho•nalytt P5ychoiherapy sn Ihe Publi( Serlor. Ilhe litsstl lor ihe year Ènded 310etembei 2021. Rtsponsibiiities and basls ol repon As the chatity Iiu51oes ol Ihe Trusl you are responsiblp lot the ptepaiatbon ol the accounts ccord3rbce with the i&quiwemenls of the Charitres Act 20111.tht Art, I report In iespect ol m¥ e*arninaDon of iht TrLtr515 aciount5 carried out undEi section 145 01 ihe 2011 Acl Jnd In cair¥in& out rni examinanoh I have loll¢)wed •ll the applicable Direction5 8i¥en by the Charily Commission undev serhon 14515llbl ol the Act. Independent eximiner'$ 5ta¢emeni I ha￿ completed rny eAaminatyon I confifm that no matttl•l martefs hrn come io attehiion In connectton with the examinattori 8i¥in¢ me cause to belie¥* that In any rnalerl•l rtsptct.. l accounthng iÉ(ords were noi kepi in respea of the Tium as required by wtson 130 01 the Att. oi 2 the accounts do not icrovd with Ihose records-, or 3 the accounts do not comply wilh the applicable requirements concernln8 the lo¥m and content of iccounts set out In ihe Charine5 IAtcount5 and Reportsl Regulaiion5 2008 other than any requirement that ihe account5 eiwe a'lrue and fair wew which 15 not a matter considered as part of In Independent examination. I have no concerns and have come across no othef matters In connectkjn wrth the examination to which anention should be dr4wTr in this rewt In order to enable i proper understanding of the rS01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Total funds brought forward
Gains and losses on revaluation of fixed assets for the charity’s own
use
Charitable activities
Separate material expense item
**_Net movement in funds_**
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for the**
**reporting period**
Raising funds
Other
**_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| |---|---|---|---|---|---| ||300|-|-|300|300| ||32,194|-|-|32,194|28,286| |||-|-|-|| ||-|-|-|-|| |||-|-|-|| ||-|-|-|-|52| ||32,494|-|-|32,494|28,638| ||||||| ||-|-|-|-|-| ||24,432|-|-|24,432|13,897| ||2,479|||2,732|520| ||253|-|-|253|-| ||27,164|-|-|27,164|14,417| ||||||| ||5,330|-|-|5,330|14,221| ||-|-|-|-|-| ||5,330|-|-|5,330|14,221| ||-|-|-|-|-| ||5,330|-|-|5,330|14,221| ||-|-|-|-|| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||5,330|-|-|5,330|14,221| ||||||| ||-|-|-|-|-| ||5,330|-|-|5,330|14,221| Associaton for Psychoanalytic Psychot Charity No 1193815 Company No |**Section B Balance sheet**|**Section B Balance sheet**||||| |---|---|---|---|---|---| |Guidance Note
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within**
**one year (Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after one**
**year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04||**Total last**
**year**
**£**
F05| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||3,699|-|-|3,699|6,832| ||-|-|-|-|-| ||72,333|-|-|72,333|67,002| ||76,032|-|-|76,032|73,834| ||||||| ||12,546|-|-|12,546|20,390| ||||||| ||63,486|-|-|63,486|53,444| ||||||| ||63,486|-|**-**|63,486|53,444| ||||||| ||16,000|-|-|16,000|16,000| ||-|-|-|-|-| ||||||| ||47,486|-|-|47,486|37,444| ||||||| ||-|||-|-| |||-|-|-|-| ||47,486|||47,486|37,444| |||||-|| ||||||| ||47,486|-|-|47,486|37,444| _**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.**_ |Signature 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| |---|---|---| ||Anthony Burch|30/10/2023| |||| |||| ||Signature|Date
dd/mm/yyyy| |||| |||**Print name**| CC17a (Excel) 30/10/2023 1 ## **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.* YES * -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 _**n/a**_ 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 _**n/a**_ 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* ü * -Tick as appropriate No* _**Please disclose:**_ _**(i) the nature of the change in accounting policy;**_ _**(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_ _**(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.**_ ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). Yes* ü * -Tick as appropriate No* _**Please disclose: (i) the nature of any changes;**_ _**(ii) the effect of the change on income and expense or assets and liabilities for the current period; and**_ _**(iii) where practicable, the effect of the change in one or more future periods.**_ ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). Yes* ü * -Tick as appropriate No* ## _**Please disclose:**_ _**(i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_ _**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_ CC17a (Excel) 30/10/2023 1 **Section C Notes to the accounts (cont)** **Note 2 Accounting policies** ## **2.2 INCOME** |**Recognition of income**
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.
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.
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.
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.
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
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.
This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
**Offsetting**
**Grants and donations**
**Government grants**
The charity has received government grants in the reporting period
**Legacies**
**Tax reclaims on donations**
**and gifts**
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.
**Donated goods**
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).
**Contractual income and**
**performance related grants**
Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
The charity has incurred expenditure on support costs.
**Investment gains and**
**losses**
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.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
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.
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in
the trustees’ annual report.
**Donated services and**
**facilities**
**Support costs**
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**|Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*| |---|---|---|---| ||ü||| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| |||ü|| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ## **2.3 EXPENDITURE AND LIABILITIES** CC17 FRS 102 SORP 30/10/2023 1 Liabilities are recognised where it is more likely than not that there is a legal or constructive **Liability recognition** obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. |**Grants with performance**
**conditions**
**2.4 ASSETS**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
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.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
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.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.
They are valued at fair value except where they qualify as basic financial instruments.
They are valued at cost.
They are valued at cost.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
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.
The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,
technological, geophysical or environmental qualities that are held and maintained
principally for their contribution to knowledge and culture. The depreciation rates and
methods used as disclosed in note 16.
**Intangible fixed assets**
The charity accounts for basic financial instruments on initial recognition as per paragraph
10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19,
FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
**Liability recognition**
aes are recognse were s more ey an no a ere s a ega or consrucve
obligation committing the charity to pay out resources and the amount of the obligation can
be measured with reasonable certainty.
**Grants payable without**
**performance conditions**
The depreciation rates and methods used are disclosed in note 14.
They are valued at cost.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Provisions for liabilities**
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
**Basic financial instruments**
**Debtors**
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
**Heritage assets**
**Investments**
**Current asset investments**
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.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
The charity has creditors which are measured at settlement amounts less any trade
discounts
These are capitalised if they can be used for more than one year, and cost at least
Fixed asset investments in quoted shares, traded bonds and similar investments are valued
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.
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity has investments which it holds for resale or pending their sale and cash and
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.
**Governance and support**
**costs**
**Creditors**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
Where the charity gives a grant with conditions for its payment being a specific level of
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.
**Stocks and work in**
**progress**|Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*| |---|---|---|---| ||ü||| ||Yes*
No*
N/a*||| |||ü|| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| |||ü|| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| ||ü||| ||||| ||||| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| |||ü|| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| |||ü|| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||||ü| ||Yes*
No*
N/a*||| ||ü||| ||Yes*
No*
N/a*||| |||ü|| ||Yes*
No*
N/a*||| ||||ü| **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** CC17 FRS 102 SORP 30/10/2023 2 **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**
Membership subscriptions
Journal Royalties,Editorial Contribution
Events
Other
**Total**
Other
**Total**
Interest income
Dividend income
Rental and leasingincome
Other
**Total**
**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:**
**Charitable**
**activities:**
**Separate**
**material item**
**of income**
**Other:**
**Income from**
**investments:**
**Other trading**
**activities:**
**TOTAL INCOME**
**Analysis of income**
**Donations**
**and legacies:**|**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**||||| ||Donations andgifts|300|-|-|300|-| ||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**|300|-|-|300|-| |||||||| ||Membership subscriptions|22,028|-|-|22,028|17,189| ||Journal Royalties,Editorial Contribution|9,671|-|-|9,671|10,120| ||Events|495|-|-|495|780| ||Other|-|-|-|-|729| ||**Total**|32,194|-|-|32,194|28,818| |||||||| ||||-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||Other||-|-|-|-| ||**Total**|-|-|-|-|-| ||Interest income|-|-|-|-|-| ||Dividend income|-|-|-|-|-| ||Rental and leasingincome|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**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**|-|-|-|-|-| |||||||| |||32,494|-|-|32,494|28,818| |||||||| |**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 prior**
**period, please give the reason for the conversion.**
**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**||||||| |||||||| |||||||| |||||||| |||||||| |**Within the income items above the following items are material:**
**(please disclose the nature, amount and any prior year amounts)**||||||| |||||||| |**This year: 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).**||||||| |||||||| |**Last year: 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).**||||||| CC17a (Excel) 30/10/2023 1 ## **Section C Notes to the accounts (cont)** ## **Note 6 Expenditure** |**Note 6 Expenditure**||||||||| |---|---|---|---|---|---|---|---|---| |**Analysis**
**Expenditure on raising funds:**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|||||||| |
Incurred seeking donations|-|-|-|-|-|-|-|-| |Incurred seeking legacies|-|-|-|-|-|-|-|-| |Incurred seeking grants|-|-|-|-|-|-|-|-| |Operating membership schemes and social
lotteries|-|-|-|-|-|-|-|-| |Staging fundraising events|-|-|-|-|-|-|-|-| |Fudraising 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**|-|-|-|-|-|-|-|-| |**Expenditure on charitable activities:**||||||||| |Journal Publication costs|9,289|-|-|9,289|-|-|-|-| |Journal Editorial costs|8,500|-|-|8,500|8,500|-|-|8,500| |Office, IT costs|6,643|-|-|6,643|5,662|-|-|5,662| |Events|-|-|-|-|-|-|-|-| |**Total expenditure on charitable activities**|24,432|-|-|24,432|14,162|-|-|14,162| |**Separate material item of expense**||||||||| |Membership Other organisations|2,479|-|-|2,479|-|265|-|265| ||-|-|-|-|-|-|-|-| ||-|-|-|-|-|-|-|-| |**Total**|2,479|-|-|2,479|-|265|-|265| |**Other**||||||||| |Banking, etc costs|253|-|-|253|-|-|-|-| ||-|-|-|-|-|-|-|-| ||-|-|-|-|-|-|-|-| ||-|-|-|-|-|-|-|-| |**Total other expenditure**
**TOTAL EXPENDITURE**|253|-|-|253|-|-|-|-| ||27,164|-|-|27,164|14,162|265|-|14,427| ## **Other information:** ## **Analysis of expenditure on charitable activities** ||**This year**|**This year**|**This year**|**This year**|**Last year**|**Last year**|**Last year**|**Last year**| |---|---|---|---|---|---|---|---|---| |**Activity or programme**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total last**
**year**| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| |Activity1|-|-|-|-|-|-|-|-| |Activity 2|-|-|-|-|-|-|-|-| |Other|-|-|-|-|-|-|-|-| |**Total**|-|-|-|-|-|-|-|-| **This year: 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). Last year: 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).** CC17a (Excel) 30/10/2023 1 ## **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ ## **19.1 Analysis of debtors** |**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||3,699.0|6,832.0| ||13,558.0|15,800.0| ||-|-| ||17,257.0|22,632.0| ## _**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)** |**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| CC17a (Excel) 30/10/2023 1 ## **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** ## _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |**20.1 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**
**one year**||**Amounts falling due after**
**more than one year**|| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||263|6,832|-|-| ||-|-|-|-| ||12,283|13,558|-|-| ||-|-|-|-| ||-|-|16,000|16,000| ||12,546|20,390|16,000|16,000| ## **20.2 Deferred income** ## _**Please complete this note if the charity has deferred income.**_ |**_Please complete this note if the charity has deferred income._**|**_ed income._**||| |---|---|---|---| |**_Please explain the reasons why income is_**
**_deferred._**
**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**_Subscription income for_**
**_current year received in the_**
**_previous year_**
**Balance at the end of the reporting period**
**This year**|**This year**|**Last year**|| ||**_Subscription income for_**
**_current year received in the_**
**_previous year_**|**_Subscription income for_**
**_current year received in the_**
**_previous year_**|| ||||| |||**This year**
**£**|**Last year**
**£**| |||13,558|15,800| |||12,283|-13,558| |||-13,558|-15,800| |||12,283|- 13,558| CC17a (Excel) 30/10/2023 1 ## **Section C Notes to the accounts (cont)** **Note 24 Cash at bank and in hand** |**Note 24 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**
**£**| ||-|-| ||-|-| ||72,333|67,002| ||-|-| ||72,333|67,002| CC17a (Excel) 30/10/2023 1