| Unrestricted | Funds | Total | Total | |||
|---|---|---|---|---|---|---|
| Note | General | Other | 2022 | 2021 | ||
| Income: | f | f | ||||
| Awards and donations |
6,520 | 6,520 | 3 327 | |||
| Activities for generating funds |
185,704 | 185,704 | 172,560 | |||
| Investment income db bank |
interest | 21,980 | 21,980 | 6,979 | ||
| 214,204 | 214,204 | 182,866 | ||||
| Income from charitable activities |
7 | 425,211 | 425,211 | 244,250 | ||
| Other income: | ||||||
| Government Grant re Rental Income |
74,669 | 74,669 | 137,683 | |||
| Government Job Retention |
Scheme | 5,856 | 5,856 | 66,522 | ||
| Kick Start Income | 12,362 | 12,362 | ||||
| 92,887 | 92,887 | 204,205 | ||||
| Total income | 732,302 | 732,302 | 631,321 | |||
| Expenditure | ||||||
| Cost ofgenerating funds |
8 | 113,259 | 113,259 | 290,748 | ||
| Costs ofcharitable activities |
9 | 287,902 | 287,902 | 304,295 | ||
| Support costs | 10 | 437,423 | 437,423 | 208,483 | ||
| Total resources expended | 838)584 | 838,584 | 803,526 | |||
| Net (expenditure) for the year before |
||||||
| transfers and other recognised gains/(losses) |
(106,282) | (106,282) | (172,205) | |||
| Gain on revaluation —property | 13b | 97,020 | 97,020 | 231,000 | ||
| Profit on disposal ofFearsall Building | 13a | 236,042 | ||||
| Loss on disposal —E Stoke | River Lab | 13a | (17,584) | (17,584) | ||
| Net gain on investments —quoted |
13c | 3,271 | 3,271 | 37,605 | ||
| Impairment adjustment ofRiver Lab |
13a | (403,437) | ||||
| Net movement offunds in |
year | (23,575) | (23,575) | (70,995) | ||
| Reconciliation offunds | ||||||
| Total funds brought forward |
2021 | 3,319,411 | 14,344 | 3,333,755 | 3,404,750 | |
| Total funds carried forward | 2022 | 3,295,836 | 14,344 | 3,310,180 | 3,333,755 |
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| g | |||||
| Fixed Assets | |||||
| Tangible | 13a | 234,998 | 763,714 | ||
| Investments —Property | 13b | 1,483,020 | 1,386,000 | ||
| Investments —Quoted |
13c | 1,429,149 | 291,495 | ||
| 3,147,167 | 2,441,209 | ||||
| Current Assets | |||||
| Debtors and Prepayments | 14 | 140,942 | 146,495 | ||
| Investments —Cash held as part ofportfolio |
13c | 25,749 | 660,132 | ||
| Cash at Bank and in Hand | 222,777 | 450,078 | |||
| 389,468 | 1,256,705 | ||||
| Less Current Liabilities | |||||
| Creditors (due within I year) | 15 | (142,580) | (329,339) | ||
| Net Current Assets |
2'46,888 | 927,366 | |||
| Total Assets Less Current Liabilities | 3,394,055 | 3,368,575 | |||
| Provision for Liabilities | |||||
| Pension Provision | 22 | (83,875) | (34,820) | ||
| f. | 3,310,180 | f3,333,755 | |||
| Representing Members' |
Funds | ||||
| Unrestricted | |||||
| General Fund | 16 | 3,295,836 | 3,3I9,4II | ||
| Designated Funds |
17 | 14,344 | 14,344 | ||
| f | 3,310,180 | f.3,333,755 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f. | |||||
| Net cash used in operating activities |
(Seebelow) | (300,306) | 65,425 | ||
| Cash flow from investing activities: |
|||||
| Investment income |
21,980 | 6,979 | |||
| Proceeds from sale/(purchase) offixed assets |
551,025 | 981,789 | |||
| Amounts (deposited)/withdrawn |
from investments | (500,000) | (650,000) | ||
| Change in cash and cash equivalent | in the year | (227,301) | 404,193 | ||
| Cash and cash equivalent brought |
forward | 450,078 | 45,885 | ||
| Cash and cash equivalent carried |
forward | f | 222,777 | 6450,078 | |
| Reconciliation ofnet movement | in | funds to net cnsh flow from operating | activities | ||
| 2022 | 2021 | ||||
| Net movement in funds |
(23,575) | (70,995) | |||
| Add back depreciation charge |
9,162 | 15,825 | |||
| Deduct Investment Income |
(21,980) | (6,979) | |||
| Deduct (gains)/add back losses on disposals & revaluations |
(82,707) | (101,210) | |||
| Decrease/(Increase) in debtors |
5 553 | (19,879) | |||
| (Decrease)/Increase in creditors |
(186,759) | 248,663 | |||
| Net cash used in operating activities |
I(300,306) | J65,425 |
| 3. | Net (outgoing) resources for the |
Net (outgoing) resources for the |
year | |||||
|---|---|---|---|---|---|---|---|---|
| This is stated afier charging: | ||||||||
| 2022 | 2021 | |||||||
| Depreciation | 9,162 | 15,825 | ||||||
| (Loss) / Profit on disposal of | fixed assets | (17,584) | 236,042 | |||||
| Auditors' remuneration |
7,000 | 6,000 | ||||||
| IIII | Unrestricted General |
Funds | Other | 2022 | 2021 | |||
| f. | ||||||||
| 4. | Awards and Donations |
|||||||
| Membership donations |
6,520 | 6,520 | 1,200 | |||||
| Legacies and other donations | 2,127 | |||||||
| 6,520 | 6,520 | 3,327 | ||||||
| 5. | Activities for generating | funds | ||||||
| Land and building income: |
||||||||
| Windermere (inc. annexe) |
167,414 | 167,414 | 87,100 | |||||
| East Stoke | 10,599 | 10,599 | 84,976 | |||||
| Miscellaneous income |
7,691 | 7,691 | 484 | |||||
| 185,704 | 185,704 | 172,560 | ||||||
| 6. | Investment income |
|||||||
| Investment Income |
21,980 | 21,980 | 6,979 | |||||
| 21,980 | 21,980 | 6,979 | ||||||
| 7. | Charitable activities |
|||||||
| Membership services |
19,946 | 19,946 | 19,762 | |||||
| Scientific and special publications | 16,531 | 16,531 | 11,498 | |||||
| Research contracts | 39,151 | 39,151 | 18,233 | |||||
| Scientific research &activity, direct funding | ||||||||
| and grants | 344,228 | 344,228 | 188,744 | |||||
| FBALibrary/Data &Information |
Services | 7,451 | ||||||
| Training courses and meetings |
5,355 | 5 355 | (1,438) | |||||
| 425,211 | 425,211 | 244,250 |
| Unrestricted | Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Resources x ende |
General | Other | 2022f | 2021 f, |
|||||
| 8. | Cost ofgenerating | funds | |||||||
| Land and buildings: | |||||||||
| Winderm ere | 113,259 | 113,259 | 225,607 | ||||||
| East Stoke | 65,141 | ||||||||
| 113,259 | 113,259 | 290,748 | |||||||
| 9. | Cost ofcharitable | activities | |||||||
| Membership services |
1,074 | 1,074 | 32,157 | ||||||
| Scientific and special | publications | 48,579 | 48,579 | 28,145 | |||||
| Research Contracts | |||||||||
| Scientific research | activity, direct | funding | |||||||
| and grants | 233,981 | 233,981 | 241,270 | ||||||
| FBA Library/Data | & | Information | Services | 2,301 | |||||
| Training courses and |
meetings | 4,268 | 4,268 | 422 | |||||
| 287,902 | 287,902 | 304,295 | |||||||
| 10. | Support Costs | ||||||||
| Council meetings | and | reimbursements | |||||||
| to Trustees | 5,568 | 5,568 | 598 | ||||||
| Other costs —direct | and indirect: | ||||||||
| Audit fees | 7,000 | 7,000 | 6,000 | ||||||
| Other professional | fees | 40,782 | 40,782 | 24,324 | |||||
| Staffcosts | 137,325 | 137,325 | 107,777 | ||||||
| USS pension provision | 49,055 | 49,055 | 305 | ||||||
| IT support &other | offic costs | 197,693 | 197,693 | 69,479 | |||||
| 437,423 | 437,423 | 208,483 |
| Average nu |
mber ofemployees wa |
mber ofemployees wa |
s 11(8FTE)paid employees ( | 2021:12(9FTE)) | |
|---|---|---|---|---|---|
| Total Staff | Costs in the year were: | 2022f | 2021f | ||
| Salaries | 324,143 | 316,351 | |||
| Employer's | National | Insurance Contributions |
24,778 | 25,421 | |
| Employer's | Pension | contributions | (Note 22) | 28,847 | 22,331 |
| Employer's | Pension | Provision (Note 22) | 49,055 | 305 | |
| Total (including redundancy costs |
off16,825 in 2022) | 426,823 | 364,408 |
| Fix | ed Assets | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| (a) | ~Tnn 'blc |
||||||||||
| Freehold Land tk | ~Le | eh ld | ~Lom | uter | Smenttfic | ||||||
| ~Buildin s |
and | other | Lrttuui | &ment | Total | ||||||
| ~F, | ui | ment | |||||||||
| Cost or Valuation | |||||||||||
| At 1st April 2021 | 774,347 | 5,591 | 52,145 | 832,083 | |||||||
| Additions | 26,278 | 13,083 | 39,361 | ||||||||
| Disposals | (558,915) | (558,915) | |||||||||
| At 31stMarch 2022 | 215,432 | 31,869 | 52,145 | 13,083 | 312,529 | ||||||
| Aoc ulatcd I) |
reciation | ||||||||||
| As at 1stApril 2021 | 16,224 | 52,145 | 68,369 | ||||||||
| Charge for the year | 2,789 | 6,373 | 9,162 | ||||||||
| Disposals | |||||||||||
| At 31stMarch 2022 | 19,013 | 6,373 | 52,145 | 77,531 | |||||||
| Net book value | |||||||||||
| At 31stMarch 2022 | 196,419 | 25,496 | 13,083 | 234,998 | |||||||
| At 31stMarch 2021 | 758,123 | 5,591 | 763,714 |
| ts | ~k | ||
|---|---|---|---|
| At le Apd1 | 2021 | 1,386,000 | |
| Unrealised | gain on revaluation | 97,020 | |
| Market value at 31uMarch 2022 | 1,483,020 |
| Quoted investments are valued |
Quoted investments are valued |
in accordance with their UK Stock Exchange | listings at the balance sheet dates |
|---|---|---|---|
| Quoted | |||
| Investments | |||
| Market Value | at 1stApril 2021 | 951,627 | |
| Additions/(Disposals) | 500,000 | ||
| Net Investment | gains to General | Fund Account (Note 16) | 3,271 |
| Market Value | at 31stMarch 2022 | 1,454,898 |
| During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
During the year, f500,000 ofcapital has been deposited from the disposal proceeds ofthe East Stoker River Laboratory. Investment Management fees off9,636(2021:f2,325)were charged during the year. A fall in the value ofthe investments in the financial period 2022/23 up to October 2022 off163444 is anon adjusting post |
|
|---|---|---|---|---|---|---|---|---|---|
| balance sheet event that | requires disclosure | only. | |||||||
| Represented by: |
|||||||||
| Investments held on UK Stock Exchange |
1,429,149 | ||||||||
| Cash held as part ofPortfolio | 25,749 | ||||||||
| 1,454,898 | |||||||||
| 14. | Debtors | 2022f | 2021 | ||||||
| Trade Debtors | 130,539 | 89,074 | |||||||
| Other Debtors /k Prepayments | 10,403 | 57,421 | |||||||
| 140,942 | 146,495 | ||||||||
| 15. | Creditors | ||||||||
| PAVE, NIC and pension | 11,836 | 11,287 | |||||||
| Trade Creditors | 64,537 | 81,953 | |||||||
| Other Creditors and Accruals |
9,258 | 38,304 | |||||||
| Deferred income | 37,747 | ||||||||
| VAT creditor | 19,202 | 197,795 | |||||||
| 142,580 | 329,339 | ||||||||
| 16. | General Fund Account | 2022 | 2021 | ||||||
| ~GAG dd |
f | ||||||||
| Balance brought forward |
3,319,411 | 3,050,161 | |||||||
| Net movement in funds |
before | transfers | and | ||||||
| other recognised gains |
(106,282) | (172,205) | |||||||
| 3,213,129 | 2,877,956 | ||||||||
| Transfer net movement |
to Other Funds (Notes 4to 10) | ||||||||
| Unrealised gain on revaluation |
ofproperty | (Note 13b) | 97,020 | 231,000 | |||||
| Unrealised gain / (loss) |
arising | from revaluation | |||||||
| ofInvestments (Note 13c) |
3,271 | 37,605 | |||||||
| Realised (Loss) / gain on sale ofproperty | (17,584) | 236,042 | |||||||
| Transfer from Revaluation Reserve re Pearsall |
163,525 | ||||||||
| Transfer from Revaluation Reserve re River Lab |
176,720 | ||||||||
| Impairment adjustment |
(Note 13a) | (403,437) | |||||||
| 3,295,836 | 3,319,411 |