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2023-06-30-accounts

1055 Welcome by The President
1100-1130 Dr John Coakley Lettsom and his legacy —Dr Nicholas Cambridge
1130-1200 The Health ofLondon during the French Wars (1793-1815)- Professor Jerry White
1200-1230 Famous figures and forgotten faces: some past Presidents ofthe MSL —Dr Simon Chaplin
1230-1245 Q and A with the above
1400-1430 Infectious diseases from 1773 to the Present Day - Professor Robin May
1430-1500 The Knife, The Needle and The Lancet: The Fothergillian Medallists -Natasha McEnroe
1500-1530 Q and A with the above
1530 Concluding
remarks

yActivitles yActivitles
f L
' he Medical:Soc etyo
ndon Tota Prior Period urther
2
Reg'Charity
No. 0924
Funds Tot alrF
d
etai
~ALL FUNDS ARELUNNESTRICTEDjN)II
Income and endowments from: Note 2
Donations
and Legacies
1,000 40,200
Charitable
activities
20,029 19,266
Other trading activities 127,330 111,964
Investments 23,062 22,528
Other 10,788 2,301
Total 182,209 196,259
Expenditure
on:
Raising Funds 1,869 2,184 Note 6b
Charitable
activities
304,926 214,067
Admin
and Management
9,097 8,785 Note 12
Total 315,892 225,036
Net income/(expenditure) (133,683) (28,777)
Net (losses)/gains
on investments
12,692 (59,055)
Net movement
in funds
(120,991) (87,832)
Reconciliation offunds:
Total funds brought forward 7,309,929 7,397,761
Total funds carried forward 7,188,938 7,309,929
Balance Sheet
as at 30June 2023
Totals
Totals Funds to
Funds to 30 30June
June 2023 2022
FIXEDASSETS
Freehold
Property
Historical artefacts
Furnrture
and equipment
Investments
at market value
6
6.000,000
446,876
8.886
718353
6
6,000,000
446.876
10,415
797264
7,174,115 7254,555
CURRENT ASSETS
Stock
Debtors
Cash
in bank and in hand
9
10
14.087
17,226
27,666
14,972
7,840
57 094
Less: CREDITORS 11 58,979 79,906
Amounts
falling due within one
year (44,156) (24,532)
NET CURRENT ASSETS 5 14,823 55,374
NET ASSETS 8 f35f, 0~,
~
FUNDS
CAPITAL FUNDS
Special Reserve 1,135,335 1,180.671
Revaluation
Reserve
15 5,760.936 5.760,936
INCOME FUND
General
Fund
292,667 368,322
7 188,938 7,309929


forthe year ended 30Ju
ne 2023
Totals
beslenated Totals Year
Unrestricted
Funds
General
Fiiiiil
Funrk
special
Reserve
Yesrto
30Julia
2020
io So
June
2022
Incoming resources
Dividends
and interest
Gift Aid
Subscnptions/joining
fees received
Rents receivable:
2.112
17.917
23.062 23.062
2,112
17.917
22,528
1,989
17.277
Chandos Street tenants
Occasional
lettings
Other income:
84,419
42,911
64.419
42.911
70,076
41.888
Royalties
Donations
& Legacies
Functions
Miscellaneous
receipts
insurance
83
1.000
95
180
10,430 83
1,000
95
180
10,430
66
40,200
590
1,645
0
TOTAL INCOMING RESOURCES 148.717 33.492 162,209 196,259
Resources Expended
Direct Charitable
Expenditure:
Middlesex
Hospital
Bursaries
Royden Device Bursaries
McNee Bursaries
Mansell Bursanes
Tucker Legacy
Repairs and renewals
Security costs
Printing
of'Transackons'
Library, Archives
& Paintings
Histories presented
Orators knives presented
Lettsomian
Medal presented
Badges presented
Salaries and wages
Pensions
Business rates
Water rates
Insurance
Ughting
and heating
3,419
360
122
115
280
115,521
5,833
15,101
590
14,567
6,863
2,000
500
0
0
4,000
67,933
6,000
9.218
2,000
500
0
0
4.000
67.933
3.419
6,000
9.218
360
122
115
280
115,521
5.833
15.101
590
14.567
6.863
0
500
2 000
0
4.000
12.314
3.469
6.205
990
180
123
115
280
106.587
5.715
13,567
593
I3.423
7,431
Telephone
Stationery
and postage
Office expenses
Generalexpenses
Depredation
Unrecoverable
VAT
1,450
1,720
9,757
20,919
1,529
17129
1,450
1.720
9,757
20,919
1,529
17129
896
2,068
9,404
16,313
1.969
5925
Direct Charitable
Expenditure
c/f 215,275 89,651 304,926 214,067
Designated Totals Totals
Fund: Year Year
General Special to 30Jun to 30Jun
Fund Reserve 2023 2022
Direct Charitable Expenditure b/f 215,275 89,651 304,926 214,067
Admin and Management ofCharity
Independent
Examination/
Audit 895 895 895
Accountancy
and
payroll 7,683 7.683 6,132
Stockbrokerfees 1,869 2,184
Bank charges 169 169 202
Professional
fees
350 350 1,556
9,097 1,869 10,966 10,969
TOTAL RESOURCES EXPENDED 224,372 91,520 315,892 225,036
NET INCOMING (OUTGOING)
RESOURCES FOR THE PERIOD (75,655) (58,028) (133.683) (28.777)
OTHER RECOGNISED GAINS AND
LOSSES
Gains (losses) on investments
Realised 5,052 5.052 1,020
Unrealised 7,640 7,640 (60,075)
NET MOVEMENT IN FUNDS (75,655) (45,336) (120,991) (87,832)
Balances brought forward
at 1 July 2022 6,129,258 1,180,671 7,309,929 7,397,761
BALANCES CARRIED FORWARD
AT 30JUNE 2023 6,053.603 1,135,335 7,188,938 7,309,929
fo r the year ended 30J une 2022
Totals
Designated Totals Year
Unrestricted
Funds
Incoming resources
General
Fundf
Fund:
Special
Reserve
f
Year to
36June
2022f
ta 30
June
2021
L'
Dividends
and interest
Gift Aid
Subscripti onejoining fees received
Rents receivable:
1,989
17,2TT
22,528 22,528
1,989
17,277
20,535
1,994
18,307
Chandos Street tenants
Occasional
letlings
Other income. '
70,076
41,888
70,076
41,888
e4.742
0
Royalties
Donations 8Legacies
Funcbons
Miscellaneous
receipts
66
40,200
590
1,645
66
40,200
590
1,645
308
100,000
(642)
228
TOTAL INCOMING RESOURCES 173,731 22,528 196,259 225.472
Resources Expended
Direct Charitable
Expenditure:
Hardship
Suisarias
Royden Davies Sursari es
McNee Bursaries
Mansell Sursaries
Tucker Legacy
Repairs and renewals
Security costs
Printing of'Transaclions'
Library,
Archives 8Paintings
Histones presenlad
Orators knives presented
Lellsomian
Medal presented
Sadges presented
Salaries and wages
Pensions
Suainess rates
Water mtes
Insurance
Lighting and heating
Telephone
Stationery and postage
Office expenses
Genaralexpanses
Depretxation
Unreooverable
I/A7
3,469
180
123
115
280
106,587
5,715
13,567
593
13,423
T,431
ege
2.068
9.404
16,313
1,969
5.925
0
500
2,000
0
4,000
12.314
6,205
990
0
500
2,000
0
4,000
12,314
3.469
6,205
990
180
123
115
280
106,587
5.715
13.567
593
13,423
7,431
896
2.068
9,404
16,313
1,969
5,925
16,000
2,000
1.000
3,025
0
61,651
4,351
6,263
15,750
0
114
0
280
84,692
5.645
13.922
431
10,688
4,782
931
1,201
9.720
11,503
2,593
18,501
Direct Charitable
Expenditure
188,058 26,009 214,067 275,043
Designated Totals Totals
Fund: Year Year
General Special to 30Jun to 30Jun
Fund Reserve 2022 2021
Direct Charitable Expenditure b/f 188,058 26,009 214,067 275,043
Admin and Management ofCharity
Independent
Examination/Audit
895 895 895
Accountancy
and
payroll 5,132 6,132 4,880
Stockbroker tees 2,184 2,184 1,989
Bank charges 202 202 134
Professional fees 1,556 1,556 825
e,7ee 2,184 10,969 8,723
TOTAL RESOURCES EXPENDED 196,843 28,193 225,036 283,766
NET INCOMING (OUTGOING)
RESOURCES FOR THE PERIOD (23,112) (5,665) (28,777) (58,294)
OTHER RECOGNISED GAINS AND
LOSSES
Gatns (losses) on investments
Realised 1,020 1,020 223
Unrealised (60,075) (60,075) 110,253
NET MOVEMENT IN FUNDS (23,112) (64,720) (87,832) 52,162
Balances brought fonvard
at 1July 2021 6,152,370 1,245,391 7,397,761 7,345,579
BALANCES CARRIED FORWARD
AT30 JUNE2022 6,129,258 1,180,671 7,309,929 7,397,761

General Special
Fund Reserve TOtals
FIXEDASSETS E
Freehold Properly 5,335,077 664,923 6,000,000
Historical Artefads 446,876 446,876
Furniture and equipment 8,886 8,886
Investments
at market value
718,352 718,352
5,790,839 1,383,275 7,174,114
CURRENT ASSETS
Stock 14,087 14,087
Debtoi's 17,226 17,226
Cash in bank snd in hand 26,736 930 27,666
58,049 930 58,979
Current Liabilities
Creditors falling due within one year (26,155) (18,000) (44,155)
31,894 (17,070) 14,824
Owing between funds 230,870 (230,870)
Reserves 6,053,603 1,135,335 7,188,938
Historical costofinvestments
30June 2023 0 591.429 591,429

7. FIXEDA SSET INVESTMENT
2023 2022
Market Value 1 July 2022 797,264 876,342
Additions 0 0
Accumulated Income 23,062 22,528
Disposals (114,666) (42,551)
Net realised gains/(losses) 5,052 1,020
Net unrealised gains/(losses) 7,640 (60,075)
Market value 30June 2023 718,352 797,264
Historical cost as at 30June 2023 591,429 660,770

2023 2022
6 6
Amounts
owed to the Charity
by:
Sundry debtors 11,118 2,417
Prepayments 6,108 5,423
17,226 7,840
11. CREDITORS
Amounts
falling due within one year:
Sundry creditors 6,823 6,673
Accruals 37.333 17,859
44.156 24,532
12. ADMIN AND MANAGEMENT EXPENSES
8 6
Independent Examiner's 895 895
Accountancy and Payroll 7,683 6,132
Bank charges 169 202
Professional Fees (VAT & HR Consultancy) 350 1 556
Total 9097 8785