**REGISTERED COMPANY NUMBER: CE025895 (England and Wales) REGISTERED CHARITY NUMBER: 1194213**
**Report of the Trustees and**
**Unaudited Financial Statements For The Year Ended 30 June 2022 for British Lichen Society**
Bromhead Harscombe House 1 Darklake View Plymouth Devon PL6 7TL
**British Lichen Society**
## **Contents of the Financial Statements For The Year Ended 30 June 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8 to 15|
|**Detailed Statement of Financial Activities**|16|
**British Lichen Society**
## **Report of the Trustees For The Year Ended 30 June 2022**
This report complies with the Charities Act 2011, the charity's constitution and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
The British Lichen Society is a Charitable Incorporated Organisation (CIO), governed by constitution approved in 2019. It was established on 23 April 2021 to take forward the work of British Lichen Society, an unincorporated organisation (registered number 228850), it began these activities on 1 July 2021.
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The objectives of the Society are:
- To promote for the benefit of the public the conservation of lichens and their habitats, and to raise awareness of them, including through publications, meetings, workshops and support importance and significance of lichens in the environment.
- For the public benefit to advance education in the study of lichens, especially in relation to those of the British Isles, including through publications, meetings, workshops and support for academic research.
## **Significant activities**
1. The Society publishes two periodicals: The Lichenologist is published six times a year and is a highly respected international scientific journal while the Bulletin is published twice a year with accounts of Society activities, lichen records and information for members.
2. The Society normally organises three field meetings a year and usually at least one specialist workshop for members.
3. The Society maintains two databases of lichen records, the Lichen Mapping Scheme which holds distribution data, and a Recorder database which holds the details of each record. National agencies and others have a requirement for this information which the Society is in a unique position to provide.
4. The Society offers awards and grants to members to support the study of lichens and lichenology including attendance at field meetings, courses and workshops for students and other workers with limited financial means, principally via the Wallace-Burnet-Gilbert Fund. The Society also provides summer vacation scholarships, overseas members' travel awards and grants for small ecological projects. Grants from the Tom Chester Bequest are offered to schools or colleges involving students in lichen projects.
5. The Society provides partnership funding for projects that are in line with the Society's objectives.
6. The Society maintains a library from which members may borrow publications and a herbarium from which specimens may be borrowed.
7. The Society works closely through its committees and members with other relevant organisations and funding bodies, for example the Field Studies Council, Plantlife, Natural England, NatureScot, Natural Resources Wales, the Royal Society of Biology and the Linnean Society.
## **Public benefit**
The trustees consider they have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission.
Charitable purposes
Of the 12 specific purposes listed in the Charities Act 2011, the Society's work is covered by the following:
- The advancement of the arts, culture, heritage or science.
- The advancement of environmental protection or improvement.
- The advancement of education.
Key Strategies
- To publish work relating to lichens in the Society's own and other publications.
- To facilitate the exchange of information among lichenologists by means of field meetings, workshops, conferences, lectures, exhibitions and other means.
- To promote education and awareness of lichens and to support the training of lichenologists.
- To assist in the maintenance of adequate collections of British lichens in public herbaria.
- To develop and maintain databases of information on lichens in Britain.
- To maintain a library of books and lichenological journals.
- To promote the views of the Society on matters relating to lichens at local and national levels.
- -The above information is expounded more fully in the Constitution (2019).
Page 1
**British Lichen Society**
**Report of the Trustees For The Year Ended 30 June 2022**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
1. The Lichenologist volume 53 (2021) was published according to plan with six parts totalling 481 pages. Two issues of the Bulletin, circulated to members, were also produced.
2. The revision of the Society's publication 'Lichens of Great Britain and Ireland' (2009) continued with 9 parts being produced during the year and made available to the public on the Society's website.
3. Two field meetings were held during the year, in Monmouthshire in October 2021 and at North Harris, Outer Hebrides, in April 2022. A winter workshop was held at Scarborough in February 2022. In addition, the BLS has recently been nurturing local groups operating under the umbrella of the Society, which have been very active with dozens of separate local outings across the UK.
4. The BLS database continues to grow, and now contains more than 1.94 million lichen records for England, Scotland and Wales. The funded project has been completed so the database is now being maintained by volunteers. All the records are publicly accessible through the NBN Atlas.
5. The Society awarded three grants totalling £1,655, one from the Wallace-Burnet-Gilbert Fund to allow two members to attend a symposium, one a Small Ecological Project grant for a study of the effect of road traffic on Lichens in Nepal, and one for a training initiative in Cumbria.
6. The Society continued its project to digitise and make available to members 'Grey Literature', that is unpublished reports and surveys of lichens.
7. The Society's website has been developed and modernised during the year.
8. International collaboration at a professional level continues to flourish and is diverse.
## **Fundraising activities**
The British Lichen Society does not actively raise funds from the public and does not employ fund raising agencies, street fund raisers or undertake telephone fund raising programs. The charity does receive ad-hoc donations and legacies from the general public.
## **FINANCIAL REVIEW**
## **Financial position**
The income from charitable activities for the year was £115,092 (2021: £109,479)
Net income for the year, after charitable activities and costs associated with fund raising was £14,053 (2021: £9,890). At the end of the financial year reserves were £651,815 (2021: £637,762) with £7,941 (2021: £7,941) being restricted funds.
Profit from the Proprietor share of The Lichenologist, vol. 53 for 2021 was £56,223 (2021: £53,220) with £23,437 (2021: £21,249) being contributed by the British Lichen Society. It should be noted that this total income includes £1,590 (2021: £2,773) from sales of digitalised journal content.
## **Principal funding sources**
The principal sources of funding year on year are Members' subscriptions and the Proprietor's share of The Lichenologist publication.
## **Reserves policy**
It is the policy of the Society to maintain sufficient unrestricted reserves for the Society to be in a position to absorb setbacks and take advantage of change and opportunities and to meet its project obligations. A review of reserves was undertaken during the year and it was concluded that the charity has sufficient reserves to continue for three years should sources of income dramatically decrease.
## **Impact of Covid-19**
The core aims and objectives of the Society, being long-term, are not affected by the Covid-19 pandemic but activities throughout the year were severely disrupted.
Membership services operated by the Royal Society of Biology have worked smoothly and the Society's publications have been produced with minimal disruption.
With restrictions being gradually lifted, it was possible to hold two field meetings and one workshop during the year.
All three Council meetings were virtual, an arrangement that worked well as attendance was nearly 100%. The Annual General Meeting in January 2022 was also virtual with much higher attendance than usual. The increased accessibility of such meetings to members resident outside the UK has now been demonstrated twice and is noteworthy.
Page 2
**British Lichen Society**
## **Report of the Trustees For The Year Ended 30 June 2022**
## **FUTURE PLANS**
1. The Society will continue to support the study and conservation of lichens by means of publications, grants, field meetings and courses.
2. A small team of members will continue to co-ordinate and work upon a third version of 'The Lichens of Great Britain & Ireland'.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes a Charity Incorporated Organisation (CIO). It was an unincorporated charity until 30 June 2021 after which it became a CIO.
The Society's governing document is the Constitution, which was approved in 2019 and came into force on 1 July 2021 with the creation of the CIO.
## **Recruitment and appointment of new trustees**
Trustees are elected at the Society's AGM and serve a period of three years. The President and Vice-President each serve a term of two years. Other Officers serve a term of one year.
## **Organisational structure**
The officers of the Society are the President, the Vice-President, the Secretary, the Treasurer, the Senior Editors, the Bulletin Editor, Data Manager, Field Meetings Secretary, Curator, Librarian, Archivist, Webmaster and the Chairs of the Conservation Committee, Data Committee and Education & Promotions Committee.
The committees report to each Council meeting. The following report to the Council prior to the AGM and at other times through the appropriate Chair: Field Meetings Secretary, Mapping Recorder, Database Manager, Archivist, Curator, Librarian and Webmaster.
Decisions pertaining to charitable status are discussed at Council and voted upon if necessary. Major decisions that involve the whole membership are discussed and voted upon at the AGM.
The Council includes officers and trustees and meets three times a year. The trustees may meet separately but in the year in question it was not felt that there were any issues that required this.
## **Induction and training of new trustees**
New trustees are provided with the Charity Commission's publication "The Essential Trustee" and asked to read it to understand their responsibilities and obligations under charity law. As members of the Society they will possess a copy of the Constitution and the latest Trustees' Annual Report. The function and organisation of Council is also explained in a document 'Roles and Responsibilities'.
## **Relationships with other bodies**
- The Society is a member of the Royal Society of Biology and is represented at appropriate meetings of this organisation.
- The Society is an Associate Member of the National Biodiversity Network Trust.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The council annually considers risks to which the Society might be exposed. The Society has Public Liability Insurance and Trustee Liability Insurance to mitigate these risks.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
CE025895 (England and Wales)
## **Registered Charity number**
1194213
## **Registered office**
Royal Society of Biology 1 Naoroji Street London WC1X 0GB
Page 3
**British Lichen Society**
**Report of the Trustees For The Year Ended 30 June 2022**
## **Trustees**
Dr P F Cannon (appointed 1.7.21) Dr J Allinson (appointed 1.7.21) Dr H Plaisier (appointed 1.7.21) Dr J Simkin (appointed 1.7.21) J F Skinner (appointed 1.7.21) Dr G S Weerakoon (appointed 1.7.21) Dr E Gaya Belles (appointed 1.7.21) Dr R Yahr (appointed 1.7.21)
**Independent Examiner** Bromhead Harscombe House 1 Darklake View Plymouth Devon PL6 7TL
|**Officers**||
|---|---|
|Mr N A Sanderson|President|
|Dr F Newbery|Vice President|
|Mrs E Smith|Council Secretary|
|Mr D Wright|Treasurer|
|Dr C Ellis|Lichenologist Editor|
|Dr L Myllys|Lichenologist Editor|
|Mrs M Putnam|Bulletin Editor|
|Mr B W Edwards|Chair of Conservation Committee|
|Dr P F Cannon|Chair of Data Committee|
|Dr J Simkin|Data Manager|
|Ms A Windle|Joint Chair of Education and Promotions Committee|
|Mr R Griffiths|Joint Chair of Education and Promotions Committee|
|Mr G Boswell|Field Meetings Secretary|
|Mr R K Brinklow|Curator|
|Ms T Greenaway|Librarian|
|Prof M R D Seaward|Mapping Recorder & Archivist|
|Mr C Cant|Webmaster|
## **Professional Advisers**
CAF Bank, King's Hill, West Malling, Kent, ME19 4TA The Co-operative Bank plc, 1 Bolton Street, Manchester, M60 4EP
Member subscriptions services are provided by The Royal Society of Biology, 1 Naoroji Street, London, WC1X 0GB
## **Specific Investment Powers**
The charity's investment powers are conferred by the Trustees Act 2000 and the Charities Act 2011.
## **ACKNOWLEDGEMENTS**
I would like to thank all the officers and members who have contributed to the impressive list of achievements above and for their contributions to ongoing projects.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Dr P F Cannon - Trustee
Page 4
## **Independent Examiner's Report to the Trustees of British Lichen Society**
## **Independent examiner's report to the trustees of British Lichen Society ('the Charitable Incorporated Organisation')**
I report to the charity trustees on my examination of the accounts of the Charitable Incorporated Organisation for the year ended 30 June 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Charitable Incorporated Organisation as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
James Groves FCA ICAEW Bromhead Harscombe House 1 Darklake View Plymouth Devon PL6 7TL
Date: .............................................
Page 5
## **British Lichen Society**
## **Statement of Financial Activities**
## **For The Year Ended 30 June 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**-**
**Charitable activities**
Membership and promotion of the Society
**24,339**
Lichenologist
**80,868**
Other trading activities
2
**9,791**
Investment income
3
**94**
**Total**
**115,092**
**EXPENDITURE ON**
Raising funds
**9,047**
**Charitable activities**
5
Membership and promotion of the Society
**47,229**
Lichenologist
**44,763**
**Total**
**101,039**
**NET INCOME**
**14,053**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**629,821**
**TOTAL FUNDS CARRIED FORWARD**
**643,874**|Restricted
funds
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**7,941**
**7,941**|**30.6.22**
**Total**
**funds**
**£**
**-**
**24,339**
**80,868**
**9,791**
**94**
**115,092**
**9,047**
**47,229**
**44,763**
**101,039**
**14,053**
**637,762**
**651,815**|30.6.21
Total
funds
£
65
17,375
79,705
11,704
630
109,479
10,267
41,636
47,686
99,589
9,890
627,872
637,762|
|---|---|---|---|
The notes form part of these financial statements
Page 6
## **British Lichen Society**
## **Balance Sheet 30 June 2022**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
13
**800**
**CURRENT ASSETS**
Stocks
14
**3,585**
Debtors
15
**60,333**
Cash at bank and in hand
**595,295**
**659,213**
**CREDITORS**
Amounts falling due within one year
16
**(14,236)**
**NET CURRENT ASSETS**
**644,977**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**645,777**
**CREDITORS**
Amounts falling due after more than one year
17
**(1,903)**
**NET ASSETS**
**643,874**
**FUNDS**
18
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**-**
**-**
**7,941**
**7,941**
**-**
**7,941**
**7,941**
**-**
**7,941**|**30.6.22**
**Total**
**funds**
**£**
**800**
**3,585**
**60,333**
**603,236**
**667,154**
**(14,236)**
**652,918**
**653,718**
**(1,903)**
**651,815**
**643,874**
**7,941**
**651,815**|30.6.21
Total
funds
£
1,066
6,667
239
657,121
664,027
(25,783)
638,244
639,310
(1,548)
637,762
629,821
7,941
637,762|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. P F Cannon - Trustee
The notes form part of these financial statements
Page 7
**British Lichen Society**
**Notes to the Financial Statements For The Year Ended 30 June 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the CIO, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The trustees have considered the charities financial position and concluded that, in light of the reserves available and continuing surpluses achieved, there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Unrestricted Income is used towards meeting any of the charitable objects at the discretion of the Trustees.
Restricted Income is allocated against resources for a specific purpose.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants payable are payments made to third parties in furtherance of the charitable objects.
There are currently six grants available to members; Summer Vacation Scholarship, Overseas Members Travel Fund, Wallace-Burnet-Gilbert Fund, Tom Chester Award, Small Ecological Project Grant and Peter James Research Award.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Charitable activities**
Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objects of the charity. Support costs, where not wholly attributable, are apportioned between the categories of charitable expenditure in addition to the direct costs.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance Computer equipment - 25% on reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds within the unrestricted funds category are amounts set aside for a particular purpose by the trustees
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 8
continued...
## **British Lichen Society**
## **Notes to the Financial Statements - continued For The Year Ended 30 June 2022**
## **2. OTHER TRADING ACTIVITIES**
|Sales of publications
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Members' subscriptions
Membership and promotion of the Society
Field meeting receipts
Membership and promotion of the Society
Workshops
Membership and promotion of the Society
Receipts from Lichenologist
Lichenologist
**5.**
**CHARITABLE ACTIVITIES COSTS**
Grant
Direct
funding of
Costs
activities
£
£
Membership and promotion of the
Society
**41,339**
**1,655**
Lichenologist
**44,763**
**-**
**86,102 **
**1,655**
**6.**
**SUPPORT COSTS**
Membership and promotion of the Society
**7.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**30.6.22**
30.6.21
**£**
£
**9,791**
11,704
**30.6.22**
30.6.21
**£**
£
**94**
630
**30.6.22**
30.6.21
**£**
£
**18,458**
17,375
**5,581**
-
**300**
-
**80,868**
79,705
**105,207 **
97,080
Support
costs (see
note 6)
Totals
£
£
**4,235**
**47,229**
**-**
**44,763**
**4,235**
**91,992 **
Governance
costs
£
**4,235**
**30.6.22**
30.6.21
**£**
£
**266**
63|
|---|---|
Page 9
continued...
**British Lichen Society**
**Notes to the Financial Statements - continued For The Year Ended 30 June 2022**
## **8. INDEPENDENT EXAMINERS REMUNERATION**
|**INDEPENDENT EXAMINERS REMUNERATION**|||
|---|---|---|
||**30.6.22**|30.6.21|
||**£**|£|
|Fees payable to the charity's auditors for the audit of the charity's financial|||
|statements|**599**|570|
|Other non-audit services|**2,795**|2,676|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.
## **Trustees' expenses**
Expenses were reimbursed to three trustees for meeting, administrative, postage, stationery and database costs amounting to £928 (2021: £2,264).
## **10. STAFF COSTS**
The average number of employees during the year was NIL (2021: NIL).
No employees received received emoluments and/or benefits (excluding employer pension costs) of more than £60,000 during the year.
## **11.**
## **COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
65
**Charitable activities**
Membership and promotion of the Society
17,375
Lichenologist
79,705
Other trading activities
11,704
Investment income
630
**Total**
109,479
**EXPENDITURE ON**
Raising funds
10,267
**Charitable activities**
Membership and promotion of the Society
41,461
Lichenologist
47,686
**Total**
99,414
**NET INCOME/(EXPENDITURE)**
10,065
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
619,756
**TOTAL FUNDS CARRIED FORWARD**
629,821|Restricted
funds
£
-
-
-
-
-
-
-
175
-
175
(175)
8,116
7,941|Total
funds
£
65
17,375
79,705
11,704
630
109,479
10,267
41,636
47,686
99,589
9,890
627,872
637,762|
|---|---|---|
Page 10
continued...
**British Lichen Society**
## **Notes to the Financial Statements - continued For The Year Ended 30 June 2022**
## **12. CHARITY RECONSTRUCTION**
Pursuant to the Charities SORP (FRS 102) sections 27.12, 27.13 and 27.14 a reconstruction from an unincorporated charity to a charitable incorporated organisation (CIO) took place during this accounting period and has been treated as a merger.
The unincorporated charity "British Lichen Society" (Charity no. 228850) was reconstructed as the charitable incorporated organisation (CIO) "British Lichen Society" (Charity no. 1194213), there was no change in the charitable activities carried out and a description of these activities can be found in the trustees report.
The merger took place at 11:59pm on 30 June 2021.
Analysis of the current reporting period's statement of financial activities (SOFA):
- All amounts included as relating to the current reporting period (that is, the year ended 30 June 2022) relate to the merged charity, being the CIO "British Lichen Society" (Charity no. 1194213).
- No other amounts included within the current reporting period's SOFA relate to activities of either charity pre-merger, as the merger took place immediately preceding this accounting period.
Analysis of the previous period's statement of financial activities (SOFA):
- All amounts included as relating to the previous reporting period (that is, the year ended 30 June 2021, being all comparative figures in these accounts) relate to the activities of the unincorporated charity "British Lichen Society" (Charity no. 228850).
At the date of the merger the aggregate carrying amount of any net assets of each party to the merger were as follows:
- The unincorporated charity "British Lichen Society" (Charity no. 228850) held £637,762 of net assets. Of this, £7,941 related to restricted funds, with the remaining £629,821 relating to unrestricted funds.
- The CIO "British Lichen Society" (Charity no. 1194213) held no net assets at the date of the merger.
There were no significant adjustments needed to align accounting policies and no other adjustments needed to be made to net assets as a result of the merger (for example, any restatement of restricted funds).
## **13. TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**||
|---|---|
|Fixtures
and
Computer
fittings
equipment
£
£
**COST**
At 1 July 2021 and 30 June 2022
**6,731**
**959**
**DEPRECIATION**
At 1 July 2021
**6,604**
**20**
Charge for year
**31**
**235**
At 30 June 2022
**6,635**
**255**
**NET BOOK VALUE**
At 30 June 2022
**96**
**704**
At 30 June 2021
127
939|Totals
£
**7,690**|
||**6,624**
**266**|
||**6,890**|
||**800**|
||1,066|
Page 11
continued...
## **British Lichen Society**
## **Notes to the Financial Statements - continued For The Year Ended 30 June 2022**
|**14.**
**STOCKS**
Stocks
**15.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments
**16.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
Accruals and deferred income
Accrued expenses
Subscriptions in advance
**17.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Subscriptions in advance
Life subscriptions
**18.**
**MOVEMENT IN FUNDS**
At 1.7.21
£
**Unrestricted funds**
General fund
**603,913**
Designated fund
**25,908**
**629,821**
**Restricted funds**
Tom Chester Bequest
**3,850**
Lobarion Research grant
**14**
Ash dieback
**4,077**
**7,941**
**TOTAL FUNDS**
**637,762**|**30.6.22**
**£**
**3,585**
**30.6.22**
**£**
**60,298**
**35**
**60,333**
**30.6.22**
**£**
**600**
**600**
**3,400**
**9,636**
**14,236**
**30.6.22**
**£**
**365**
**1,538**
**1,903**
Net
movement
in funds
£
**14,053**
**-**
**14,053**
**-**
**-**
**-**
**-**
**14,053**|30.6.21
£
6,667
30.6.21
£
-
239
239
30.6.21
£
-
13,785
3,245
8,753
25,783
30.6.21
£
75
1,473
1,548
At
30.6.22
£
**617,966**
**25,908**
**643,874**
**3,850**
**14**
**4,077**
**7,941**
**651,815**|
|---|---|---|
Page 12
continued...
## **British Lichen Society**
## **Notes to the Financial Statements - continued For The Year Ended 30 June 2022**
## **18. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
**115,092**
**115,092**|Resources
Movement
expended
in funds
£
£
**(101,039)**
**14,053**
**(101,039)**
**14,053**|
|---|---|---|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Tom Chester Bequest
Lobarion Research grant
Ash dieback
**TOTAL FUNDS**|At 1.7.20
£
593,848
25,908
619,756
3,850
189
4,077
8,116
627,872|Net
movement
in funds
£
10,065
-
10,065
-
(175)
-
(175)
9,890|At
30.6.21
£
603,913
25,908
629,821
3,850
14
4,077
7,941
637,762|
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Lobarion Research grant
**TOTAL FUNDS**|Incoming
resources
£
109,479
-
109,479|Resources
Movement
expended
in funds
£
£
(99,414)
10,065
(175)
(175)
(99,589)
9,890|
|---|---|---|
Page 13
continued...
## **British Lichen Society**
## **Notes to the Financial Statements - continued For The Year Ended 30 June 2022**
## **18. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Tom Chester Bequest
Lobarion Research grant
Ash dieback
**TOTAL FUNDS**|At 1.7.20
£
593,848
25,908
619,756
3,850
189
4,077
8,116
627,872|Net
movement
in funds
£
24,118
-
24,118
-
(175)
-
(175)
23,943|At
30.6.22
£
617,966
25,908
643,874
3,850
14
4,077
7,941
651,815|
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Lobarion Research grant
**TOTAL FUNDS**|Incoming
resources
£
224,571
-
224,571|Resources
Movement
expended
in funds
£
£
(200,453)
24,118
(175)
(175)
(200,628)
23,943|
|---|---|---|
The objects of each of the restricted funds are as follows:
The Tom Chester Bequest is funding for educational projects to support fieldwork involving lichens for students in schools or colleges aged 5-19 years.
Lobarion is funding to be used to research lichen communities of ancient forests.
Ash dieback is the funding of research into Ash dieback disease.
The designated fund held relate to a legacy received from Peter James which the trustees have agreed monies should be spent on the nurturing of young talent in lichenology.
## **19. RELATED PARTY DISCLOSURES**
Besides those transactions already disclosed in note 9 relating to trustee expenses there were no related party transactions for the year ended 30 June 2022 or 30 June 2021.
Page 14
continued...
**British Lichen Society**
**Notes to the Financial Statements - continued For The Year Ended 30 June 2022**
## **20. DEFERRED INCOME**
|Deferred Income brought forward
Income released in current year
Income deferred in current year
Deferred Income carried forward||**30 June 2022**
£13,785
(£13,785)
£600
£600||**30 June 2021**
£17,964
(£17,964)
£13,785|
|---|---|---|---|---|
|||||£13,785|
The deferred income in both years relates to amounts received in advance for the Lichenologist publication. Once the publication has been finalised and it's finances calculated a balancing payment is made to the charity and the previously deferred income is released.
## **21. UNPAID VOLUNTEERS**
As the charity employs no paid staff it relies heavily on the work of volunteers to carry out it's activities. In conjunction with the Trustees they perform a wide variety of roles, including:
- Sitting on the council to decide on the strategic direction of the charity or manage key aspects of the charity's activities.
- Arrange and facilitate specific charitable activities such as field meetings and courses.
- Contribute to the production of the charities publications such as the Lichenologist or Bulletin.
- Other general administrative tasks to assist in the smooth running of the charity.
Page 15
## **British Lichen Society**
## **Detailed Statement of Financial Activities For The Year Ended 30 June 2022**
||30.6.22|30.6.21|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**-**|65|
|**Other trading activities**|||
|Sales of publications|**9,791**|11,704|
|**Investment income**|||
|Deposit account interest|**94**|630|
|**Charitable activities**|||
|Members' subscriptions|**18,458**|17,375|
|Receipts from Lichenologist|**80,868**|79,705|
|Field meeting receipts|**5,581**|-|
|Workshops|**300**|-|
||**105,207 **|97,080|
|**Total incoming resources**|**115,092**|109,479|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Opening stock|**6,667**|10,488|
|Postage & storage|**423**|445|
|Royalties & fees|**5,542**|6,001|
|Closing stock|**(3,585)**|(6,667)|
||**9,047**|10,267|
|**Charitable activities**|||
|Lichenologist|**44,763**|47,686|
|Production of The Bulletin|**10,299**|15,792|
|Website costs|**10,070**|2,703|
|Subscriptions|**815**|850|
|Administration inc. insurance|**11,590**|8,705|
|Field meeting expenses|**8,156**|563|
|Workshops|**409**|584|
|Lobarion project|**-**|175|
|Grants to individuals|**1,655**|3,926|
||**87,757**|80,984|
|**Support costs**|||
|**Governance costs**|||
|Independent examiners remuneration|**599**|570|
|Independent examiners remn - non-audit|**2,795**|2,676|
|AGM fees|**272**|221|
|Legal fees|**302**|4,809|
|Fixtures and fittings|**32**|42|
|Computer equipment|**235**|20|
||**4,235**|8,338|
|Total resources expended|**101,039**|99,589|
|**Net income**|**14,053**|9,890|
This page does not form part of the statutory financial statements
Page 16