Trustees |
Prof. V Isham |
|
Prof. A Dawid |
|
Prof. P Diggle |
|
Sir P Donnelly |
|
Prof. P Green |
|
Dr R Galbraith |
|
Prof. T Fearn |
|
Prof. S Lauritzen |
|
Prof. S Richardson |
|
Prof V Didelez |
|
Mr M Lamaison |
|
Prof. N Best |
|
Prof. A Davison |
Charity number |
222601 |
Principal address |
School of Mathematics and Statistics |
|
Hicks Building, K27 |
|
University of Sheffield, Hounsfield Road |
|
Sheffield |
|
$3 7RH |
Independent examiner |
Wells Richardson |
|
Cannon House |
|
Rutland Road |
|
Sheffield |
|
South Yorkshire |
|
S3 8DP |
Bankers |
Reliance Bank |
|
Faith House |
|
23-24 Lovat Lane |
|
London |
|
EC3R 8EB |
|
Natwest Bankplc |
|
45 Tottenham Court Road |
|
London |
|
W1T 2EA |
BIOMETRIKA TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BIOMETRIKA TRUST
I report lo the trustees on my ex*ninatiM of Ih8 finenclal statgments of Biomètiika Tru•1 (the thrityl for the year
ended 31 t)ecember 2023.
Rospon•lbllltl•# and b•sls of report
A8 the Iruslees of the charity YC are responstbl8 ts the preparation of ts financl•l st•tom8 In accOrdW
the requirements of the Charitie8 Acl 2011 (the 2011 Ad).
I report In respect of my examination ol the charity's financial statements caNigd oui under section 145 01 thè 2011
Act. In carrylng out my examination I have fo11thl 811 the applKabb Directions given by the Charity Commission
under section 14515llb) of the 2011 Acl.
Indgpgndent •xamln•rf8 8tatem•nt
I have Gompleted my examinatlon. I confimi Ih8t mattern h8v• ctyne to my attention In eonnedlon wlth the
examlnallon giving me cause lo believe that in any material resFeCt'.
accounlng records were I1 kept in respect ol Ihe tharty as roqulrnd by section 130 of th8 2011 Act., or
the financkgl statements do not •ccwd t•th Ihose reo)rd8.' ¢y
the finangal slalements do not e£thply wth Ihe 8PFdicoble requirements concerning the fom and Gontenl of
accounts sel out in the Charlues (A¢¢ounl8 and Reports) Regulats'on¥ 2008 other than any fequlrement that the
accoun18 give a true and falr vknv nol a matter [dere{l as port ol an ind•p•ndenl examinauon.
I have no ¢onc8mJ arKI have come acm88 no oth•r mattws In connecllon the examlnation to whlch attention
ghould be ¢jra in thls report In order lo enable a proper undersiandlng of tho finarKial $l01omenls to be reached.
Grant Wade BAACA
Indepen¢Jenl Examin•r
Chartered Accountant
Wells Rlchardson
Cannon House
Rulland Road
Sheffield
SoLth Yorkshlre
S3 8DP
Dated.. 12 Juty 2024
|
|
Unrestricted |
Unrestricted |
|
|
funds |
funds |
|
|
general |
general |
|
|
2023 |
2022 |
|
Notes |
£ |
£ |
Income from: |
|
|
|
Charitable activities |
ta |
210,975 |
200,787 |
Investments |
|
29,574 |
23,179 |
Total income |
|
240,549 |
223,966 |
Expenditure on: |
|
|
|
Charitable activities |
|
200,877 |
153,310 |
Net movementin funds before gains/(losses) on investments |
|
39,672 |
70,656 |
Net gains/{losses) on investments |
10 |
25,739 |
(40,539) |
Net movementin funds |
|
65,411 |
30,117 |
Fund balances at 1 January 2023 |
|
1,053,672 |
1,023,555 |
Fund balances at 31 December 2023 |
|
1,119,083
|
1,053,672
|
|
Notes |
£ |
2023 |
£ |
£ |
2022 |
£ |
Fixed assets
Tangible assets
Investments |
12
13 |
|
|
104
1,008,439 |
|
|
130
976,422 |
|
|
|
|
1,008,543 |
|
|
976,552 |
Current assets
Stocks
Debtors
Cash at bank and in hand |
14
15 |
4
67,700
61,236 |
|
|
1
71,750
57,993 |
|
|
|
|
128,937 |
|
|
129,744 |
|
|
Creditors: amountsfalling due within
one year |
16 |
(18,397) |
|
|
(52,624) |
|
|
Net current assets |
|
|
|
110,540 |
|
|
77,120 |
Total assets less currentliabilities |
|
|
|
1,119,083 |
|
|
1,053,672 |
Income funds
Unrestricted funds - general |
|
|
|
1,119,083 |
|
|
4,053,672 |
|
|
|
|
1,119,083 |
|
|
1,053,672 |
The finandial statements were approved by the Trustees onlyae202, |
|
|
|
|
|
|
|
|
|
Prof. T Fearn |
|
|
|
|
|
|
|
Trustee |
|
|
|
|
|
|
|
Total |
2022 |
|
|
|
200,787
|
|
Total |
2022 |
|
|
200,787
|
|
200,787
|
|
|
Consortia Digital archive
Total |
and member
2023 |
sales |
2023
2023 |
£
£ |
84,397
8,335
210,975
|
|
Auxiliary
Consortia Digital archive |
publications
and member |
sales |
£
£ |
67,193
83,382
3,940
|
|
67,193
83,382
3,940
|
|
|
Back numbers
Auxiliary |
publications |
|
2023
2023 |
£
£ |
15,488
74,564
|
|
Current Back numbers |
volume |
|
£
£ |
30,146
16,126
|
|
30,146
16,126
|
|
|
Current |
volume |
|
2023 |
£ |
28,191 |
|
|
|
|
|
|
|
|
Charitable activities |
|
|
|
|
|
|
Sale within charitable activities |
For the year ended 31 December 2022 |
|
|
|
|
Sale within charitable activities |
Analysis by fund |
Unrestricted funds - general |
3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
investments |
|
|
|
|
Unrestricted |
Unrestricted |
|
|
funds |
funds |
|
|
general |
general |
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Income from unlisted investments |
23,074 |
19,587 |
|
Interest receivable |
6,500 |
3,592 |
|
|
29,574
|
23,179 |
|
|
|
Total |
2022 |
|
£ |
33
11,710
521
38,793
16,010
11,298
(9,739) |
33
11,710
521
38,793
16,010
11,298
(9,739) |
68,626 |
|
64,674 |
|
20,010 |
153,310
|
|
|
Research |
support/
Governance |
fellowships
costs |
2022
2022 |
£
£ |
-
-
-
-
-
- |
-
-
-
-
(9,739)
- |
(9,739)
- |
|
-
- |
|
20,010 |
(9,739)
20,010
|
|
|
Editorial and |
publishing |
costs |
2022 |
£ |
17
-
-
-
16,010
11,298
- |
|
27,325 |
|
32,337 |
|
- |
59,662
|
|
|
|
Publication |
costs |
2022 |
£ |
16
11,710
521
38,793
-
-
- |
|
51,040 |
|
32,337 |
|
- |
83,377
|
|
|
|
Total |
2023 |
|
£ |
26
14,950
1,192
41,052
13,364
9,783
10,487 |
|
90,854 |
|
84,939 |
|
25,084 |
200,877
|
|
|
|
Governance |
costs |
2023 |
£ |
|
|
|
|
|
|
25,084 |
25,084
|
|
|
Research |
support/ |
fellowships |
2023 |
£ |
|
|
|
|
|
|
|
10,487
|
|
|
Editorial and |
publishing |
costs |
2023 |
£ |
13 |
13,364
9,783 |
23,160 |
|
42,470 |
|
|
65,630
|
|
|
|
Publication |
costs |
2023 |
£ |
13
14,950
1,192
41,052 |
|
57,207 |
|
42,469 |
|
|
99,676
|
Charitable activities |
|
|
|
|
|
|
Depreciation and impairment
Current volume
Auxiliary publications
Commission payable |
Editorial costs
Publishing expenses
Research support/fellowships |
|
Share of support costs (see |
note 6) |
Share of governance costs |
(see note 6) |
|
5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 |
Support costs |
|
|
|
|
|
|
|
|
Support |
Governance |
2023 |
Support |
Governance |
2022 |
|
|
costs |
costs |
|
costs |
costs |
|
|
|
E |
£ |
£ |
£ |
£ |
£ |
|
Staff costs |
53,466 |
13,366 |
66,832 |
47,130 |
11,783 |
58,913 |
|
Outsourcing of |
|
|
|
|
|
|
|
administration |
15,541 |
3,885 |
19,426 |
14,782 |
3,696 |
18,478 |
|
Salary recharge-J Gohil- |
|
|
|
|
|
|
|
Palmer |
- |
- |
- |
508 |
127 |
635 |
|
Insurance and telephone |
- |
- |
- |
700 |
175 |
875 |
|
Legal and professional |
|
|
|
|
|
|
|
fees |
15,648 |
3,912 |
19,560 |
832 |
208 |
1,040 |
|
Bank charges and |
|
|
|
|
|
|
|
interest |
284 |
71 |
355 |
232 |
58 |
290 |
|
Training and travel |
|
|
|
|
|
|
|
expenses |
- |
- |
- |
490 |
123 |
613 |
|
Independent examination |
|
|
|
|
|
|
|
fees |
- |
3,850 |
3,850 |
- |
3,840 |
3,840 |
|
|
84,939 |
25,084 |
110,023 |
64,674 |
20,010 |
84,684 |
|
Analysed between |
|
|
|
|
|
|
|
Charitable activities |
84,939
|
25,084
|
110,023
|
64,674
|
20,010
|
84,684
|
|
|
|
Net movementin funds |
2023 |
2022 |
|
£ |
£ |
The net movementin fundsis stated after charging/(crediting): |
|
|
Fees payable for the independent examination of the charity's financial |
|
|
statements |
3,850 |
3,840 |
Depreciation of ownedtangible fixed assets |
26
|
33
|
Employees |
|
(Continued) |
Employmentcosts |
2023 |
2022 |
|
£ |
£ |
Wagesandsalaries |
56,886 |
51,389 |
Social security costs |
9,946 |
7,524 |
Outsourcing of administration |
19,426 |
18,478 |
|
86,258
|
17,391 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2023 |
2022 |
Gains/(losses) arising on: |
£ |
£ |
Revaluation of investments
Sale of investments |
25,739
- |
(39, 147)
(1,392) |
|
25,739
|
(40,539) |
12 |
Tangible fixed assets |
|
|
|
Fixtures andfittings |
|
|
E |
|
Cost |
|
|
At 1 January 2023 |
2,193 |
|
At 31 December 2023 |
2,193 |
|
Depreciation and impairment |
|
|
At 1 January 2023 |
2,063 |
|
Depreciation charged in the year |
26 |
|
At 31 December 2023 |
2,089 |
|
Carrying amount |
|
|
At 31 December 2023 |
104 |
|
At 31 December 2022 |
130 |
|
Unlisted |
|
investments |
|
£ |
Cost or valuation |
|
At 1 January 2023 |
976,422 |
Additions |
6,278 |
Valuation changes |
25,739 |
At 31 December 2023 |
1,008,439 |
Carrying amount |
|
At 31 December 2023 |
1,008,439 |
At 31 December 2022 |
976,422 |
|
|
|
|
13. |
Fixed asset investments |
|
(Continued) |
|
|
2023 |
2022 |
|
Investments at fair value comprise: |
£ |
£ |
|
M&G Charifund |
296,376 |
294,142 |
|
M&G Charibond |
209,610 |
202,422 |
|
Scroders Charity Equity Fund |
181,044 |
164,727 |
|
Leeds Building Society |
34,536 |
34,478 |
|
Scottish Widows 90 DAY Notice Account |
51,854 |
51,678 |
|
Virgin Money Account |
85,749 |
85,268 |
|
Shawbrook CAF 60 DAY Notice Account |
35,000 |
35,000 |
|
Buckinghamshire Building Society |
16,920 |
16,504 |
|
Saffron Building Society |
97,350 |
92,203 |
|
|
1,008,439 |
976,422 |
14 |
Stocks |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Finished goods and goodsfor resale |
4 |
1 |
15 |
Debtors |
|
|
|
|
2023 |
2022 |
|
Amounts falling due within one year: |
£ |
£ |
|
Other debtors |
519 |
957 |
|
Prepayments and accrued income |
67,181 |
70,793 |
|
|
67,700 |
71,750 |
16 |
Creditors: amounts falling due within one year |
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
Trade creditors |
141 |
63 |
|
Othercreditors |
- |
32,802 |
|
Accruals and deferred income |
18,256 |
19,759 |
|
|
18,397
|
52,624
|
|
At 1 January |
At 1 January |
Incoming |
Resources |
Gains and |
At 31 |
|
|
2023 |
resources |
expended |
losses |
December |
|
|
|
|
|
|
2023 |
|
|
£ |
£ |
£ |
E |
£ |
General funds |
1,053,672 |
|
240,549 |
(200,877) |
25,739
|
1,119,083
|
Previous year: |
At 1 January |
|
Incoming |
Resources |
Gains and |
At 31 |
|
|
2022 |
resources |
expended |
losses |
December |
|
|
|
|
|
|
2022 |
|
|
£ |
£ |
£ |
£ |
£ |
General funds |
1,023,555
|
|
223,966
|
(153,310)
|
(40,539)
|
1,053,672
|
Analysis of net assets between |
funds |
|
|
|
|
|
|
|
|
|
|
|
Unrestricted |
|
|
|
|
|
|
funds |
|
|
|
|
|
|
2023 |
|
|
|
|
|
|
£ |
Fund balances at 31 December |
2023 are |
represented by: |
|
|
|
|
Tangible assets |
|
|
|
|
|
104 |
Investments |
|
|
|
|
|
1,008,439 |
Current assets/{liabilities) |
|
|
|
|
|
110,540 |
|
|
|
|
|
|
1,119,083 |
|
|
|
|
|
|
Unrestricted |
|
|
|
|
|
|
funds |
|
|
|
|
|
|
2022 |
|
|
|
|
|
|
£ |
Fund balances at 31 December2022 are |
|
represented by: |
|
|
|
|
Tangible assets |
|
|
|
|
|
130 |
Investments |
|
|
|
|
|
976,422 |
Current assets/(liabilities) |
|
|
|
|
|
77,120 |
|
|
|
|
|
|
1,053,672 |