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||Notes|Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2024|2023|
|INCOME AND ENDOWMENTS FROM:||£|£|
|Incoming resources from generated funds:||||
|Donations and legacies|2||2,052|
|Other trading activities|3|20,845|31,492|
|Investments income|4|47,989|33,556|
|Otlicr:||||
|Subscriptions and fees||33>812|35,628|
|Total||102,646|102,728|
|EXPENDITURE ON:||||
|Raising funds||11,824|11,598|
|Charitable activities||102,581|98,934|
|Total||114,405|110,532|
|NET INCOMING/ (OUTGOING) RESOURCES||||
|BEFORE OTHER RECOGNISED||||
|GAINS/(LOSSES)||(11,759)|(7,804)|
|NET GAINS/(LOSSES) ON INVESTMENTS||||
|Realised||48,587|25,308|
|Unrealised||22,170|48,95!|
|Net Movement in Funds||58,998|66,455|
|Reconciliation of funds;||||
|Total funds brought forward||1,352,289|1,285,834|
|TOTAL FUNDS CARRIED FORWARD||1,411,287|1,352,289|





## 

|||2024|||2023||
|---|---|---|---|---|---|---|
||Notes|£|£||£ £||
|FIXED ASSETS|||||||
|Tangible Fixed Assets|7|||663||291|
|Investments|8|1|,360,651||1,304,953||
|||1,361,314 1,305,244|||||
|CURRENT ASSETS|||||||
|Due from fund managers 9||8,404|||9,405||
|Other debtors and prepayments 9||1»000|||1,144||
|Cash at bank and in hand||35,953|||35,179||
|Cash balances with fund managers||13,495|||8,260||
|||58,852|||53,988||
|CREDITORS: Amounts falling due|||||||
|within one year|10|8,879|||6,943||
|MET CURRENT ASSETS|||49|,973|47|,045|
|TOTAL ASSETS LESS CURRENT|||||||
|LIABILITIES||1,411||,287|1,352|,289|
|Net assets||1,411||,287|1.352|,289|
|FUNDS|||||||
|Reserves|||||||
|Unrestricted|11|1,411,287 1,352,289|||||
|||1,411,287 1,352,289|||||





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|2. Donations|||||
|---|---|---|---|---|
|||2024|2023||
|||£|£||
|Donations|||52||
|Legacies|||2,000||
||||2,052||
|3. Other trading activities|||||
|||2024|2023||
||£|£|£|£|
|lueome|||||
|Sales of publications|61||283||
|Sales of ties and badges|98||551||
|Sales of Compact Discs|302||427||
|Other sales|157||367||
|Other activities and trips/functions|20,227||29,864||
|Totai Other Income||20,845||31,492|
|Expenditure|||||
|Cost of sales CDs, books and artefacts|||1,113||
|Costs of other activities and functions|19>646||28,649||
|Total Other Expenditure (see note 6)||19,646||29,762|
|Net surplus from other income & expenditure||1,199||1,730|
|4. Investment income|||||
|||2024||2023|
|||£||£|
|Deposit interest||859||439|
|Fixed interest||13,753||8,725|
|Dividends receivable||33,377||24,392|
|||47,989||33,556|
|5. Subscriptions and Fees|||||
|||2024||2023|
|||£||£|
|Fellows||25,374||27,666|
|Libraries||3,868||3,764|
|Life fellows||420|||
|||29,662||31»430|
|Gift Aid tax recoveries received||4J50||4,198|
|||33,812||35,628|





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|6. Charitable expenditure|||
|---|---|---|
||TOTAL|TOTAL|
||2024|2023|
||£|£|
|Costs directly allocated to activities|||
|Publications|20,801|10,348|
|Library costs and maintenance|26,353|24,056|
|Other expenditure (per note 3)|19,646|29,762|
|Administration and secretarial|19,485|20,300|
|Office materials, postage, insurance and lecture expenses|10,508|8,720|
|Gifts and donations|1,160|1»217|
|(Profit)/Loss on foreign currency transiation|875|443|
|Printing and stationery|375|268|
|independent examination and accountancy fees|2,280|2,800|
|Bank charges|765|851|
|Depreciation of fixed assets|333|169|
|Total resources expended|102,581|98,934|
|Expenditure is stated after charging:|||
||£|£|
|Independent examiner's remuueraUon (incl. VAT):|||
|As examiners|798|985|
|Other fees relating to accountancy _1,482 _1>815|||
|7. Tangible Fixed Assets|||
||2024|2023|
|Fixtures, Fittings & Equipment|£|£|
|Cost less depreciation 1 January 2024|291|459|
|Additions during the year|705||
|Less: Depreciation charge for the year|(333)|(168)|
|Net book value at 3 P! December 2024|663|291|
|8. Investments|||
||2024|2023|
||£|£|
|Market value at 1 January 2024|1,304,953|1,216,999|
|Acquisitions at cost|896,836|282,324|
|Sales proceeds from disposals|(923,490)|(268,628)|
|Gain/loss in the year|82,352|74,259|
||1,360,651|1,304,953|





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||2024|2023|
|---|---|---|
||£|£|
|Investec Listed Non-UK Equities|554,091|632,597|
|Investec Listed UK Equities|466,155|672,356|
|M&G Charifund|340,405||
||1,360,65 i|1,304,953|



## 

||2024|2023|
|---|---|---|
||£|£|
|Debtors|8,404|9,405|
|Prepayments|1,000|1,145|
||9,404|10,550|



## 

||2024|2023|
|---|---|---|
||£|£|
|Subscriptions received in advance|1,528|1,101|
|Expense and other creditors|2,800||
|Accrued expenses|4,551|5,842|
||8,879|6,943|



## 

||TOTAL|TOTAL|
|---|---|---|
||2U24|2023|
||£|£|
|Incoming resources|102,646|102,728|
|Resources used|(114,405)|(110,532)|
|Realised gains/(lusses) on investment assets|48,587|25,308|
|Unrealised gains/(losses) on investment|||
|assets|22,170|48,951|
|Net movement of funds|58,998|66,455|
|Balances brought forward|1,352,289|1,285,834|
|Balances carried forward|1,411,287|1,352,289|





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||TOTAL|
|---|---|
||(24 Months)|
||£|
|Incoming resources|205,374|
|Resources used|(224,937)|
|Realised gains/Qosses) on investment assels|73,895|
|Unreallsed gains/Qosses) on inveslment||
|assets|71,121|
|Net movement of funds|125,453|
|Balances brought forward|1,285,834|
|Balances carried forward|1,411,287|



## 

||Tangible||Current||
|---|---|---|---|---|
||Fixed||Assets/|2024|
||Assets|Investments|(Liabilities)|Total|
||£|£|£|£|
|General Fund|663|1,360,651|49,973|1,411,287|



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