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2023-06-30-accounts

2023 2022
Designated
Unrestricted unresbicted Total Total
Notes funds
I		 fundsI fundsI fundsI
INCOME AND ENDOWMENTS FROM
Donagons and legacies 16,770 16,770 50
Charitable activiges
Subsaiptions - indMduals 32,230 32,230 32,789
Royalty from pubgsher 9,356 9,356 8,074
Sales ofinternational
Journal		 and other
publicatkrns 3,142 3,142 2,065
Income tax receivable 4,993 4,993 S,034
Investment
income		 16,399 16,482 16,408
Total 33,169 82,973 64,420
EXPENDITURE ON
Charitable activtges
Governance 25,285 25,285 21,069
Sodety expenditure 20,084 20,084 6,571
Designated
expenditure		 17,951 17,951 16,095
Total 45,369 17,951 63,320 43,735
Net gainaf(losses)
on investments		 27,080 27,080 (31,154)
NET INCOME/(EXPENDITURE)
Transfers between funds		 15 31,515
6,233		 15,218
(6,233)		 46,733 (10,469)
Net movement
in funds		 37,748 8,985 46,733 (10,469)
RECONCILIATION
OF FUNDS
Total funds brought
forward		 285,406 434,868 720,274 730,743
TOTAL FUNDS CARRIED FORWARD 323,154 443,853 767,007 720,274

2023 2022
Designated
Unrestricted unrestricted Total Total
funds
6		 fundsI funds
6		 fundsI
FIXEDASSETS
Tangible assets 11 858 858
Investments 12 236,747 443,853 680,600 644,535
237,605 443,853 681,458 644,536
CURRENT ASSETS
Debtors 13 14,994 14,994 10,011
Cash at bank 92,978 92,978 90,805
107,972 107,972 100,816
CREDITORS
Amounts
falling due within		 one year 14 (22,423) (22,423) (25,078)
NET CURRENT ASSETS 85,549 85,549 75,738
TOTAL ASSETSLESSCURRENT lIABIL1TIES 323,154 443,853 767,007 720,274
323,154 443,853 767,007 720,274
FUNDS 15
Unrestricted
funds:
General fund 86,407 75,739
Designated
Development		 Reserve 443,853 434,868
Fair value reserve 236,747 209,667
767,007 720,274
TOTAL FUNDS 767,007 720,274

COMPARA T IVES FO RTHE STA TEMENT OF FINAN CIAL ACIIVITIES - YEAR ENDED 30.6.22
Designated
Unrestricted unredricted Total
funds funds funds
E E E
INCOME AND ENDOWMENTS FROM
Donations and hgacles 50 50
Charitable acUvtges
Subscripdons - indMduals 32,789 32,789
Royalty from publisher 8,074 8,074
Sales ofInternational )ournal and other
publkatlons 2,065 2,065
Income tax receivable 5,034 5,034
Investment
Governance		 income 16,372 16,408
Total 47,998 16,422 64,420
EXPENDITURE ON
Charitable acthrltles
21,069 21,069

COMPARATIVES FORTHE STATEMENT OF FINAN
continued		 CIAL ACIIVITIES - YEAR ENDED 30.6.2 2-
Designated
Unrestricted unrestricted Total
fundsI fundsI funds
6
Society expenditure 6,571 6,571
Designated
expenditure		 16,095 16,095
Total 27,640 16,095 43,735
Net gains/(losses)
on invesbnents		 (31,154) (31,154)
NET INCOMEI
(EXPENDITURE)
Transfers between funds		 (10,796)
6,978		 327
(6,978)		 (10,469)
Net nwvement
in funds		 (3,818) (6,651) (10,469)
RECONCILIATION
OF FUNDS
Total funds brought forward 289,224 441,519 730,743
TOTAL FUNDS CARRIED FORWARD 285,406 434,868 720,274

TANGIBLE FIXEDASSE TS
Fixtures
and Computer
ihtlngs
6		 equipment
I		 Totals
6
COST
At 13uly 2022 1,907 1,907
Additions 1,285 1,285
At30June 2023 1(907 1,285 31192
DEFREtXATION
At 13uly 2022 1,906 1,906
Charge for year 428 428
At 303une 2023 1,906 428 2334
NET BOOK VALUE
At 303une 2023 857 858
At 303une 2022
12. FIXEDASSETINVESTMENTS
Listed
Investments
6
MARKET VALUE
At 13uly 2022 644,535
Additions 54,851
Dlsposals (45,866)
Fair value ad]usbnents 27,080
At 303une 2023 680,600
NET BOOK VALUE
At 303une 2023 680,600
At 303une 2022 644,535
There were no investment assets outside the UK.
The invesbnents
represent		 hokllngs In Ere following: 6
Investment
ponfolio managed
by Rathbone Invesbnent		 Management Umilnd 635,870
Investment
Funds managed		 by BlackRock Investment Management (UK) Umited:
BLKCharities
UK Bond Fund 4,585.822 units (2022:4,585.822 units)		 6,392
BLKCharities
UK Equity Fund 5,422.000 units (2022:		 5,422.000 units) 38,338
680,600
The historical cost ofthe above invesbnents
was 6443,852(2022:6434,867).

13. DEBTORS:AMOUNTS FALLINS DUE WITHIN FALLINS DUE WITHIN FALLINS DUE WITHIN ONE YEAR
2023 2022
Gilt Aid - Income tax refunds
ONer debiors
VAT
Prepayments		 4,993
2,511
3,483
4,007		 6
5,034
1,101
3,876
14,994 10,011
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Trade creditors 6 6
Taxation and social security
Other creditors		 558
21,865		 1,190
484
23,404
22,423 25,078
Analysis
of deferred
Income:
dei'srred
Income
editorial expenses, and fees for annual
membership		 comprises
subscriptlons.		 amounts
received
In advance
for royalties
and
It is induded
within other creditors above.
Balance at the beginning
ofthe year
Amount released to Income in the year
Amount deferred
in the year		 2023 (6)
19,786
(19,786)
17,906		 2022 (6)
18,491
(18,491)
19,786
Balance at the end ofthe year 17,906 19,786
15. MOVEMENT IN FUNDS
Net Transfws
Unrestricted
funds		 At 1.7.22
6		 movement
In funds
I		 between
fundsI		 At
30.6.23
6
General fund
Designated
Development
Fair value reserve		 Reserve 75,739
434,868
209,667		 4,435
15,218
27,080		 6,233
(6,233)		 86,407
443,853
236,747
720,274 46,733 767,007
TOTAL FUNDS 720,274 46,733 767,007

Net movement in funds, induded in the above are as follows:
Incoming Resources Gains and Movement
resources
I		 expended losses
I		 in funds
I
Unrestricted lunds
General fund 49,804 (45,369) 4,435
Designated
Development		 Reserve 33,169 (17,951) 15,218
Fair value reserve 27,080 27,080
82,973 (63,320) 27,080 46,733
TOTAL FUNDS 82,973 (63,320) 27,080 46,733
Comparatives for movement ln fUnds
Net Transfers
movement between At
At 1.7.21
I		 in funds
I		 fundsI 30.6.22
I
Unrestricted funds
General fund 48,403 20358 6,978 75,739
Designated
Development		 Reserve 441,519 327 (6,978) 434,868
Fair value reserve 240,821 (31,154) 209,667
730,743 (10,469) 720,274
TOTAL FUNDS 730,743 (10,469) 720,274
Comparative
net moveme		 nt
In funds, includ		 ed
in the above are a		 s follows:
Incoming Resources Gains and Movement
%sources expended
I		 losses
I		 in funds
I
Unresrtrlctnd
fUnds
General fund 47,998 (27,640) 20,358
Designated
Development		 Reserve 16,422 (16,095) 327
Fair value reserve (31,154) (31,154)
64,420 (43,735) (31,154) (10,469)
TOTAL FUNDS 64,420 (43,735) (31,154) (10,469)

2023 2022
6 6
INCOME AND ENDOWMENTS
Donndons
and tegardes
Donations 16,770 50
Investmant
income
income from fixed asset investmenO 16,399 16,372
Interest received 83 36
16,482 16,408
Charitable actlviSes
Subscrl phone-Individuals 32,230 32,789
Royalty from pubgsher 9,356 8,074
Sales of "International
Ioumaf'		 and other
publications 3,142 2,065
Income tax receivable 4,993 5,034
49,721 47,962
Total incoming resources 82,973 64,420
EXPENDITURE
Charitable
activities
Events expenditure 500
Support costs
Society expenditure
"Unks" quarterly
magazine		 12,212 5,788
Meeting and visits 7,372 783
19,584 6,571
Designated
expenditure
Web development 12,989 10,494
Investment
management		 lees 4,962 5,601
17,951 16,095
Governance
oosla
Administrative
assistance		 10,320 9,640
Sodal security 285
Insurance 1,309 511
Coundl, travel and subdstance expenses 395
Telephone 625 504
Printing,
statkrnery
and phoincopylng		 5,982 1,676
Accountancy 3,105 2,765
Carried forward 21,626 1S,491
2023 2022
6
Sovernance costa
Brought forward
Legal fees		 21,626
866		 15,491
2,979
Bank charges 1,099 1,316
Bookkeeping 1,266 1,283
Computer
equipment		 428
25,285 21,069
otal resources expended 63,320 43,735
et income 19,653 20,685