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2023-12-31-accounts

President; Kah'mn Matthews Kah'mn Matthews
Vice Presidents: Glynda Easterbrook BSC/ ARSM/ MA (Ed)/ FGS Anthony Wilson BA
Brian de Save Barbara Jiilien BA
Honorary Sccretaiy: Annc Nugent
Honorary Treasurer; M F Harcourt Williams MA/ FCA
Honofary Meetings Secretary: Dovid Gayon
Honorary Editor: Vivlenne Lm'minie PliD, FRHistS
Trustees; All Members of the Governing Body currently in office arc considered
to have h'ustee status under the Chftrities Accounting Regulations.
Council Members ore appointed at meetings after due nomination.

Peter Craggs" Myrna Hayter0
Edward Davis" Clivc Jenldns MA*
Roger Dines Anne Keen MA*
Keith Finch0 CIiarles Littleton PhD*
Professor Michael Green Jeanne Mann BA LRAM
David Guyon Sandra Robmson MA MConi
Joyce Hampton lan Stone PhD
Co-opted - Cormac Chessei'A Diane Watts PhD

Notes Um'esh'icted Unrestricted
funds funds
2023 2022
INCOME AND ENDOWMENTS FROM; £ £
Incoming resources from generated fundB:
Donatiom mid legacies 2 2,052 4/455
Other h'ading activities 3 31/492 25/787
Investments income 4 33,556 35/469
Othei:
Subscriptions and fees 35/628 46/511
Total 102/728 112/222
EXPENDITURE ON:
Raising funds -11,598 11/620
Charitable activities 98/934 95,440
Total 110,532 107/060
NET INCOMING/ (OUTGOING) RESOURCES BEFORE
OTHER RECOGNISED GAINS/(LOSSES) (7/804) 5/162
NET GAINS/(LOSSES) ON INVESTMENTS
Realised 25/308 (38,035)
Unrealised 48/951 (169,312)
Net Movement in Funds 66/455 (202/185)
Reconciliation of funds;
Total fimds brought forward 1/285,834 1/488,019
TOTAL FUNDS CARRIED FORWARD 1,352/289 1/285,834

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Fbced Assets 7 291 459
Inveshnenfs 8 1/304/953 1/216/999
1,305/244 i/217/458
CURRENT ASSETS
Due from fund managers 9 9/405 8/790
Other debtors and prepayments 9 1/144 2,845
Cash at bank and in hand 35/179 31/704
Cash balances with fund managers 8/260 33/599
53/988 76,938
CREDITORS: Amoimts falling due
within one year 10 6,943 8/562
NET CURRENT ASSETS 47/045 68/376
TOTAL ASSETS LESS CURRENT
LIABILITIES 1/352/289 1/285,834
Net assets 1352/289 1,285,834
FUNDS
Reserves
Um'esht'icted 11 1,352/289 1/285/834
1/352/289 1/285/834

2023 2022
£ £
Donations 52 455
Legacies 2/000 4/000
2/052 4/455

3. Other h-ading activiUce
2023 2022
£ £
Income
Sales of publications 283 747
Sales of ties and badges 551 598
Sales of Compact Discs 427 928
Other sales 367 169
OLher acLivilies aucl tdps/rimclions 29,864 23/345
Total Other Income 31/492 25/787
Expenditure
Cost of sales CDs/ books and arlefocts 1/113
Costs of other activities (ind functions 28,649 23/294
Total Other Expenditure (see note 6) 29/762 23/294
Net surplus from other income & expendihu'e 1,730 2/493
4< Inveshnent income
2023 2022
£ £
Deposit interest 439 57
Fixed interest 8/725 5/296
Dividends receivable 24/392 30/116
33/556 35/469
5. Subscriptions and Fees
2023 2022
£ £
Fellows 27,666 27/572
Libraries 3,764 4/236
Life fellows 400
31,430 :/,
Gift Aid tax recoveries received 4/198 14/303
35,628 46,511
6. Charitable expendihire
TOTAL TOTAL
2023 2022
£ £
Costs directly allocated to activities
Publications 10,348 9,371
Library costs and maintenance 24/056 22,820
Other expendiUu'e (per note 3) 29/762 23/294
Costs carried forward 64/166 55/485

TOTAL TOTAL
2023 2022
£ £
Costs brought forward 64/166 55/485
Support costs directly allocated to activities
Administration and secretarial 20,300 17/180
Office materials/ postage/ insurance and lecture expenses 8/720 8/051
Gifts and donations 1/217 11/389
(Profit)/Loss on foreign cim'ency h'anslation 443 (1/197)
Printing and stationery 268 649
Independent examinfttion and accountancy fees 2/800 2/850
Bank charges 851 864
Depreciation of fixed assets 169 169
Total resources expended 98/934 95,440
Expenditure is stated after charging:
£
Independent examiner s remuneration (hid. VAT);
As examiners 985 985
Other fees reliiting to accountancy 1,815 1,865
angible Fixed Assets
Fixhires/ Fittings
& Equipment
Totol
£ £
Cost less depreciation 1st Jfmum'y 2023 459 628
Depreciation charge for the year 169 169
Net book value at 31st December 2023 290 459
veshnents
2023 2022
£ £
Market value at 1 January 2023 1/216/999 1/401/011
Acquisitions at cost 282/324 286/653
Sates proceeds from disposals (268,628) (263/318)
Gain/loss in the year 74,259 (207/347)
1/304/953 1,216/999

2023 2022
£ £
Listed Non-UK Equities 632/597 401/037
Listed UK Bquities 672,356 815/962
1/304/953 1/216,999

2023 2022
£ £
Debtors 9/405 8/789
Prepayments 1/145 2/845
10,550 11/634

2023 2022
£ £
Subscriptions received in advance 1/101 1/039
Expense and other creditors 2/836
Accrued expenses 5/842 4/687
6/943 8/562

TOTAL General Library TOTAL
2023 2022 2022 2022
£ £ £ £
Incoinmg resoinces 102/728 112,222 112/222
Resources used (110,532) (106,984) (76) (107/060)
Realised gams/ (losses) on invesUiitcnt iisscls 25,308 (38/035) (38/035)
Um'ealised gains/(losses) on inveslment
assets 48,951 (169,312) (169,312)
Net movement of funds 66/455 (202/109) (76) (202,185)
Balances brought forward 1/285,834 1/487/943 76 1,488/019
Balances carried forward 1,352,289 1/285,834 1/285,834

General Library TOTAL
Fund Fund (24 Months)
£ £ £
Incoming resources 214,950 214/950
Resources used (217,516) (76) (217,592)
Realised gains/ (losses) on investment assets (12/727) (12/727)
Uxu-eaUsed gahis/ (losses) oi\ investment
assets (120/361) (120,361)
Net movement of funds (135/654) (76) (135/730)
Balances brought forward 1/487/943 76 1/488/019
Balances carried forward -1/352/289 1/352/289

Tangible Current
Fixed Assets/ 2023
Assets Investments (Liabilities) Total
£ £ £ £
General Fund 291 1/304/953 47/045 1,352/289
Total Net Assets/Funds 291 1,304/953 47/045 1,352/289