2021-03-31-accounts

			Page
Report ofthe Trustees		1	to	6
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		9	to	10
Notes tothe Financial Statements		11	to	23

					31/3/21	31/3/20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f	f	f	f
INCOME AND ENDOWMENTS	FROM
Donations and legacies			53,418		53,418	10,895
Chadtable activities
Copyright and Insurance			23,193		23,193	51,853
Members Subscriptions			54,322		54,322	79,668
Other trading activities			381		381	48,055
Investment income			5,724		5,724	7,354
Total			137,038		137,038	197,825
EXPENDITURE ON
Raising funds			951		951	51,024
Charitable activities
Copyright, Insurance and DBS			48,813		48,813	60,356
Members Services			77,620		77,620	85,559
Members Support and Administration			10,433		10,433	13,135
Governance			2,904		2,904	1,914
Total			140,721		140,721	211,988
Net gains/(losses) on investments			38,360		38,360	(22,287)
NET INCOME/(EXPENDITURE)			34,677		34,677	(36,450)
RECONCILIATION OF FUNDS
Total funds brought forward			431,009	3,500	434,509	470,959
TOTAL FUNDS CARRIED FORWARD			465,686	3,500	469,186	434,509

		31/3/21	31/3/20
	Notes	E	f
FIXEDASSETS
Tangible assets	14	170,520	169,307
Investments	15	240,007	203,777
		410,527	373,084
CURRENT ASSETS
Stocks	16	310	330
Debtors	17	34,819	40,155
Cash at bank and in hand		99,394	29,609
		134,523	70,094
CREDITORS
Amounts falling due within one year	18	(25,864)	(8,669)
NET CURRENT ASSETS		108,659	61,425
TOTAL ASSETS LESSCURRENT LIABILITIES		519,186	434,509
CREDITORS
Amounts falling due after more than one year	19	(50,000)
NET ASSETS		469,186	434,509
FUNDS	23
Unrestricted funds		465,686	431,009
Restricted funds		3,500	3,500
TOTAL FUNDS		469,186	434,509

DONATIONS	AND LEGACI	ES
			31/3/21	31/3/20
			E	E
Donations			6,054	10,447
Grants			47,364	448
			53,418	10,895
Grants received, included		in the above, are as follows:
			31/3/21	31/3/20
			6	6
Elena Cobb	Star Prize Award			448
Coronavirus	Job Retention	Scheme	47,364
			47,364	448

3.	OTHER TRADING ACTIVITIES
						31/3/21		31/3/20
						E		E
	Members services and		other				381	8,117
	Conference							39,938
							381	48,055
4.	INVESTMENT INCOME
						31/3/21		31/3/20
						E		E
	Managed investment	fund and deposit account income				5,724		7,354
5.	INCOME FROM CHARITABLE ACTIVITIES
						31/3/21		31/3/20
				Act IVI'ty		E		E
	Copyright and insurance			Copyright	and Insurance	23,193		51,853
	Members Subscriptions			Members	Subscriptions	54,322		79,668
						77,515		131,521
6.	RAISING FUNDS
	Raising donations and		legacies
						31/3/21		31/3/20
						f		E
	Travel and other costs						2	11,479
	Conference costs						949	38,148
	Our new approach to	Safeguarding						105
	Year Book Production		costs					8
	Sales and Marketing/	Profile Raising						562
	Website costs							722
							951	51,024

				Direct	Support
				Costs (see	costs (see
				note 8) f	note 9) f	Totals f
Copyright,	Insurance		and DBS	42,919	5,894	48,813
Members	Services			68,248	9,372	77,620
Members	Support and Administration			9,173	1,260	10,433
Governance					2,904	2,904
				120,340	19,430	139,770
DIRECT COSTS OF CHARITABLE ACTIVITIES
					31/3/21	31/3/20
					f	f
Staff costs					95,037	98,510
Postage and		stationery			1,788	2,392
Sundries						670
Other costs					23,004	26,786
Child protection					200	3,536
Awards						197
Irrecoverable		VAT			311	345
					120,340	132,436
SUPPORT	COSTS
						Information
				Management	Finance	technology
				f	f	f
Copyright,	Insurance		and DBS	1,306	1,435	2,149
Members	Services			2,076	2,282	3,417
Members	Support and Administration			279	307	459
Governance
				3,661	4,024	6,025

				Governance
			Other	costs	Totals
			E	f	E
Copyright,	Insurance	and DBS	1,004		5,894
Members Services			1,597		9,372
Members Support and Administration			215		1,260
Governance				2,904	2,904
			2,816	2,904	19,430

		31/3/21	31/3/20
		E	E
Depreciation	-owned assets	2,837	2,594
Hire of plant	and machinery	1,089	1,089

STAFF	COSTS
		31/3/21	31/3/20
		6	f
Wages	and salaries	90,915	92,730
Social	security costs	2,570	3,980
Other	pension costs	1,552	1,800
		95,037	98,510

COMPARA	TIVES FOR	THE STA	TEMENT OF FINANCIAL A	CTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
				6	E	6
INCOME AND ENDOWMENTS			FROM
Donations	and legacies			10,447		10,895
Charitable	activities
Copyright	and Insurance			51,853		51,853
Members	Subscriptions			79,668		79,668
Other trading activities				48,055		48,055
Investment	income			7,354		7,354
Total				197,377		197,825
EXPENDITURE ON
Raising funds				51,024		51,024
Charitable	activities
Copydight,	Insurance	and DBS		60,356		60,356
Members	Services			84,911	648	85,559
Members	Support and Administration			13,135		13,135
Governance				1,914		1,914
Total				211,340	648	211,988
Net gains/(losses) on		investments		(22,287)		(22,287)
NET INCOME/(EXPENDITURE)				(36,250)	(200)	(36,450)

			Unrestricted	Restricted	Total
			funds	funds	funds
			E	6	6
RECONCILIATION OF FUNDS
Total funds brought forward			467,259	3,700	470,959
TOTAL FUNDS CARRIED FORWARD			431,009	3,500	434,509
The numbers above represent the comparative	statement	offinancial	activities as at31	March 2020.
TANGIBLE FIXEDASSETS
			Freehold	Office
			property f	equipment f	Totals f
COST
At 1stApril 2020			175,000	62,465	237,465
Additions				4,050	4,050
At 31st March 2021			175,000	66,515	241,515
DEPRECIATION
At 1st April 2020			8,750	59,408	68,158
Charge for year			1,750	1,087	2,837
At 31st March 2021			10,500	60,495	70,995
NET BOOK VALUE
At 31st March 2021			164,500	6,020	170,520
At 31st March 2020			166,250	3,057	169,307

								Listed investments f
	MARKET VALUE
	At 1stApril 2020							203,777
	Additions							31,064
	Disposals							(33,175
	Revaluations							38,341
	At 31st March 2021							240,007
	NET BOOK VALUE
	At 31st March 2021							240,007
	At 31st March 2020							203,777
	There were no investment			assets outside the UK.
	Cost or valuation	at 31st March 2021 is represented			by:
								Listed
								investments
								f
	Valuation in 2021							240,007
16.	STOCKS
						31/3/21		31/3/20
						f		f
	Stocks						310	330
17.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
						31/3/21		31/3/20
						f		f
	VAT						73
	Prepayments and	accrued		income		34,746		40,155
						34,819		40,155

18.	CREDITOR	S: AMOUNTS	FALLING DUE WITHIN ONE YEAR
				31/3/21	31/3/20
				6	E
	Trade creditors			6,961	3,099
	Social security and other		taxes	1,664	1,847
	VAT				153
	Credit Card	—RBS		95	48
	Accruals and deferred income			17,144	3,522
				25,864	8,669
19.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN ONE YEAR
				31/3/21	31/3/20
				E	6
	Bank loans	(see note 20)		50,000
20.	LOANS
	An analysis	ofthe maturity ofloans is given below:
				31/3/21	31/3/20
				f	E
	Amounts falling between		one and two years:
	Bank loans	- 1-2years		10,000
	Amounts falling due between two and five years:
	Bank loans	- 2-5years		30,000
	Amounts falling due in more than five years:
	Repayable	by instalments:
	Bank loans	more 5yr by	instal	10,000

					31/3/21	31/3/20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			E	f	f	E
Fixed assets			170,520		170,520	169,307
Investments			240,007		240,007	203,777
Current assets			131,023	3,500	134,523	70,094
Current liabilities			(25,864)		(25,864)	(8,669)
Long term liabilities			(50,000)		(50,000)
			465,686	3,500	469,186	434,509
MOVEMENT	IN	FUNDS
					Net
					movement	At
				At 1/4/20	in funds	31/3/21
				E	E	E
Unrestricted	funds
General fund				431,009	34,677	465,686
Restricted funds
SHarrison Fund				50		50
Margaret Lane Award				3,450		3,450
				3,500		3,500
TOTAL FUNDS				434,509	34,677	469,186
Net movement		in funds, included	in the above are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			f	E	f	6
Unrestricted	funds
General fund			137,038	(140,721)	38'360	34,677
TOTAL FUNDS			137,038	(140,721)	38,360	34,677

					Net
					movement	AI
				At 1/4/19	in funds	31/3/20
				E	E	E
Unrestricted funds
General fund				467,259	(36,250)	431,009
Restricted	funds
5Harrison	Fund			100	(50)	50
Margaret	Lane Award			3,600	(150)	3,450
				3,700	(200)	3,500
TOTAL FUNDS				470,9S9	(36,450)	434,509
Comparative net movement		in funds, included	in the above are as follows;
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	E
Unrestricted funds
General fund			197,377	(211,340)	(22,287)	(36,250)
Restricted	funds
Elena Cobb Star Prize Award			448	(448)
5 Harrison	Fund			(50)		(50)
Margaret	Lane Award			(150)		(150)
			448	(648)		(200)
TOTAL FUNDS			197,825	(211,988)	(22,287)	(36,450)

						Net
						movement		At
					At 1/4/19	in funds		31/3/21
					E	E		f
Unrestricted funds
General fund					467,259	(1,573)		465,686
Restricted	funds
5Harrison	Fund				100	(50)		50
Margaret	Lane Award				3,600	(150)		3,450
					3,700	(200)		3,500
TOTAL FUNDS					470,959	(1,773)		469,186
A current	year 12 months	and	prior year 12 months	combined	net movement in funds,	included	in the above are
follows:
				Incoming	Resources	Gains and		Movement
				resources	expended	losses		in funds
				E	E	E		E
Unrestricted funds
General fund				334,415	(352,061)	16,073		(1,573)
Restricted	funds
Elena Cobb Star Prize Award				448	(448)
5 Harrison	Fund				(50)			(50)
Margaret	Lane Award				(150)			(150)
					(648)			(200)
TOTAL FUNDS				334,863	(352,709)	16,073		(1,773)