2022-06-30-accounts - Economic History Society

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STATEMENT OFFINANCIAL ACTIVITIES F	ORTHEYEAR	ED30th	JUNE 2022
			2~02	2021
	Unrestricted	Total	Unrestricted	Total
		Funds	Funds	Funds
Income and Endowments from: Donations and Legacies Charitable Activities investments	2,071 308,165 17,824	2,071 308,165 17,824	1,858 351,016 14,703	1,858 351,016 14,703
Total Income and Endowments	328,060	328,060	367,577	367,577
E~dll Raising Funds Charitable Activities	9,669 324,243	9,669 324,243	9,052 311234	9,052 311,234
T~td R td't	333,912	333,912	320,286	320,286
Net Gains / (Losses) on Investments	(137,394)	(137,394)	200,850	200,850
etIncome Ex euditure	(143,246)	(143,246)	248 141	248 141
ransfers hetwe Funils
Net Movement in Funds	(143,246)	(143,246)	248,141	248,141
Fund Balances brought forward at 1"July 2021	1,696,620	1,696,620	1,448,479	1,448,479
Fund Balances carried forward at 30aJune 2022	1,553,374	1,553,374	1,696,620	1,696,620

ANCE SHEETAS AT	th	JUNE 2022
					2021	2021
				Total	Unrestricted	Total
			Funds	Funds
Fixed Assets
Tangible Fixed Assets (Note Investments (Note 5)	4)		531 1,466,667	531 1,466,667	797 1,487,077	797 1,487,077
			1,467,198	1,467,198	1,487,874	1,487,874
Current Assets
Debtors Jt Prepaymcnts (Note 6) Cash at Bank and inHand			27,690 405,653	27,690 405,653	52,453 422,073	52,453 422,073
			433,343	433,343	474,526	474,526
Liabilities
Creditors falling due within Advance &om Publishers	one year		123,653	123,653	122,480	122,480
Other Creditors and Accruals (Note 7)			223,514	223,514	143,300	143,300
			347,167	347,167	265,780	265,780
Net Current As etsl iabilities			86,176	86,176	208,746	208,746
Total Assets less Current Liabilities			1,553,374	1,553,374	1,696,620	1,696,620
Creditors - amounts falling due after more than one year
Net Assets			1,553,374	1,553,374	1,696,620	1,696,620
~CbA P d
General Income and Expenditure Publishing Account Life Members' Subscriptions Tawney Memorial Fund T.S.Ashton Prize Fund		Account	1,358,358 114,111 1,155 1,000 750	1,358,358 114,111 1,155 1,000 750	1,475,301 114,414 1,155 1,000 750	1,475,301 114,414 1,155 1,000 750
Society Conferences Fund Initiatives and Conferences	Fund		5,000 5,000	5,000 5,000	5,000 5,000	5,000 5,000
General Fellowships Fund			68,000	68,000	94,000	94,000
			1,553,374	1,553,374	1,696,620	1,696,620

STATEMENT OFCASH FLOWS FOR		THE YE	AR E	NDED 30th	JUNE 2022
						2021	2021
						f.
Cash flows from o eratin activities Net cash provided by / (used 'in) oper'sting	activities		A		82,740		(104,701)
Cash flows from iuvestin activities Interest and dividends received Purchase oftangible fixed assets Saleof investments Purchase of investments				17,824 171,483 (288,467)		14,703 (589) 548,082 (506,473)
Net cash flows finm investing activities					(99,160)		55,723
Cash flows from flnancin activities
Net cash fiows from financing activities
Chan ein cash and cash uivalents					(16,420)		(48,978)
Cash and cash equivalents brought forward					422,073		471,051
Cash and c'ash e uivalents carried forward					405,653		422,073
Note A:-Reconciliation ofnet income to		net rash	flow	from o erations
Net income / (expenditure) forthe year					(143,246)		248,141
Asper the Statetnent ofFinancial Activities
Adjustments for: Depreciation and profits / (losses) on sale oftangible fixed assets Interest and dividends received shown in investing activities Net (gains) / losses on investments Decrease / (increase) in debtors (Decrease) / increase in creditors					266 (17,824) 137,394 24,763 81,387		401 (14,703) (200,850) (32,073) (105,617)
Net cash provided by / (used in) operating		activities			82,740		(104,701)

				2021	2021
Ine	me and Endowments from:
Donations and Le acies Donations Received		250	250	125	125
Charitable Activities
	Income &om Publishing:
	Economic History Review Volume 74 90%of Publishers' Profit 20%of Publishers' Sales	148,644 68,051		185,301 74,716
	Sale ofBooks Contribution towards Website Expenses JSTORIncome	25,000 17.757	259,452	25,000 16,078	301,095
	Membership Income: Subscription Income Other Subscription Income (Note I) Gifi Aid Tax recovered on Subscriptions	30,984 86	31,070	46,464 85 1,380	47,929
Investments Bank Interest Receivable Other Interest Recnved Other Income &om Investments		365 17,459	17,824	1 83 14,619	14,703
	Total Income and Endowments		308,596		363,852
~E*	bt
R~Fd Investment Management Fees			9,669		9,052
C~b'I bt tt t' 'tt
	Grants and Donations:- Student Research and Conference Grants	2,438		252
	Student Conference Bursaries Prizes Small Research Grants Scheme PhD Bursaries Undergraduate Project Facility Grants BMEActivities and Events Small Grants Scheme	4,000 2,600 17,679 25,030 1,000	52,747	2,200 23,838 35,000 430 1,000	62,720
	Publishin dr, Membershi Ex eases:- Editorial Fees and Honoraria Editors' Secretariat Fees and Expenses Web Site Expenses Membership Officer Media Awareness and Publicity Expenses	29,591 5,203 4,471 35,078 2,550	76,893	28,912 3,833 24,367 16,101 9,861	83,074
	L~LE
	International Spe'akers at Annual Conference Plenary Lecture Costs	1,773	1,773

				2021	2021
Other Expenses:- Secretariat Fees and Expenses Officers' 8t Trustees' Expenses		34,177 1,876		42,267 12
	Schools &,Colleges Committee Expenses Fellowship Administration Expenses	2,865		5,000
	Fellows' Travel Support
	Public Engagement Committee Expenses Other Administrative Expenses Bank 8t Payment Pmcessing Charges Exchange Rate (Gains)/Losses Subscriptions Audit and Accountancy Fees Legal, Professional &Insurance Expenses	340 893 4,052 16,140 717		123 705 325 1,874 14,223 641
	Loss onDisposal ofEquipment Depreciation ofEquipment	266	61,326	401	65,571
T~ot	IE Cht		202,408		220,417
Net	Gains / Losses on Invesnnents Realised Unrealised		6,188 (143,582)		35,357 165,493
			(137,394)		200,850
Net	Income/ Ex enditure		(31,206)		344,285
Transfers to /fromOt er Funds
	Tawney Memorial Fund T.S.Ashton Prize Fund Society Conferences Fund Initiatives and Conferences Fund General Fellowships Fund	(3,083) (750) 1,671 (11,896) (71,679)	(85,737)	(750) (8,680) (39) (92267)	(101736)
Net	ovement in Fund		(116,943)		242,549
Fund Balance brought forward at PsJuly 2021			1,475,301		1,232,752
Fund Balance cerned forward at 30aJune 2022			1,358,358		1,475,301

PIJBIISHING ACCOUNT FORTHE	YEARENDE	IJ 30th JUNE	2022
				2021	2021
Income and Endowments ffomt
Charitable Activities
Income from Publishing:— Royalties on Atlas ofIndustrialisiug Royalties on Pamphlet Series	Britain	102 2,795		207 1,699
Essays in Economic History Royalties on 20eCentury Britain Industrial Revolution Series				65 21
			2,897		1,992
Total Income and Endowments			2,897		1,992
Kohl
Charitable Activities
Publishing Expenses:- Royal Historical Society Publications Boydell k Brewer Series		2,000 1,200		2,400
			3,200		2,400
T~tl E Cht			3,200		2,400
Netincome/ Ex enditure			(303)		(408)
Tran fers from Other Funds
Net Movement in Fund			(303)		(408)
Fund Balance brought forward at 1"July	2021		114,414		114,822
Fund Balance carried forward at 30aJune 2022			114,111		114,414

SOCIETY ONFERENCES FUND	ACCOUNT	FOR	THEYEA	RENDED 30th J	UNE 2022
					2021	2021
					I,
Income and Endowments from:
Charitable Activities
Conference JtWorkshop Income:-
Oxford Conference (cancelled)
Warwick Conference			12,115
				12,115
Total Income and Endowmen				12,115
~EdE
Charitable Activities
Conference 8'c Workshop Expenses:- Oxford Conference (cancelled —unrecovered		costs)			8,680
Warwick Conference			10,444
				10,444		8,680
T~lal E* d I~'				10,444		8,680
NetIncomeI Ex enditure				1,671		(8,680)
Transfers to / from Other Funds General Income tk Expenditure	Account			(1,671)		8,680
Net Movement in Fund
Fund Balance brought forward at 1"July 2021				5,000		5,000
Fund Balance cerned forward at 30aJune 2022				5,000		5,000

INITIATIVES AND ONFERENC	ES FUND ACCOUN	T FORT	HE YEAREND	D
				2021	2021I
Income and End wments from:
Charitable Activities
Conference & Workshop Income:
Women's Committee Workshop Income Residential Training Course Income		2,631
			2,631
Total Inconie and Endowments			2,631
R~Cht
Ch'aritable Activiti
Conference & Workshop Grants &Expenses: Women's Committee Workshop Expenses/(Refunds) Residential Training Course Expenses		14,527		(500)
Grants made under the Iuitiatives & Conference Grants	Scheme			539
			14,527		39
T~tl E lCt *			14,527
Net Incmne/ Ex enditure			(11,896)		(39)
Transfers to / from Other Funds General Income & Expenditure	Account		11,896		39
Net Movement in 'Fund
Fund Balance brought forward at 1"July 2021			5,000		5,000
Fund Balance carried forward at 30aJune 2022			5,000		5,000

Income and Endowments from:
Donations and Le acies Grants Receivable			1,821
Total Income and Endowments			1,821
Charitabl Activities			99,500
T~ilE 1tu ~			99,500
NetIncome/ Ex enditure			(97,679)
Transfers 'to lfrom Other Funds General Income dt Expenditure	Account		71,679
Net Move ent in Fund			(26,000)
Fund Balance bro t forward at 1"Jul		2021	94,000
Fund glance carried forward at 30'."June 2022			68,000

THEECONOMIC HISTORY	THEECONOMIC HISTORY	SOCIETY
OTHER FUND ACCOUNTS		FORTHE	YEARENDED 30th JUNE	2022	2021	2021
			Unrestricted	Total	Unrestricted	Total
				Funds	Funds	Funds
Income and Endowments	from:
Donations and aeie's
LifeMembership Fund
Tawney Memorial Fund
T.S.Ashton Prize Fund
Total Income and Endowments
E~IISt
Charitable Activities
LifeMembership Fund
Tawney Memorial Fund Lecturer's Fees and Expenses Other Lecture Expenses			1,374 1,709	1,374 1,709
T.S.Ashton Prize Fund Prizes			750	750	750	750
~Ttd E* iE't			3,833	3,833	750	750
Net Income / E enditure			(3,833)	(3.833)	(750)	(750)
Transfers o / from Other Funds
From General Income to Tawney Memorial toT.S.Ashton Prize	/h Expenditure Fund Fund		Account 3,083 750	3,083 750	750	750
Ne Movement in Funds
Fund Balances t forwar Life Membership Fund Tawney Memorial Fund T.S.Ashton Prize Fund		at 1"Jul	2021 1,155 1,000 750	i,155 1,000 750	1,155 1,000 750	1,155 1,000 750
			2,905	2,905	2,905	2,905
un Balances 'ed forw Life Membership Fund Tawney Memorial Fund T.S.Ashton Prize Fund		d at 30eJune 2022 1,155 1,000 750		1,155 1,000 750	1,155 1,000 750	1,155 1,000 750
			2,905	2,905	2,905	2,905

	TANGIBLEFIXED SE	TS
.				C~om uter ~EE I
	Cost As at 1"July 2021			2,532
	Additions
	(Disposals)
	As at 30a June 2022			2,532
	Accumulated D reoiation As at 1"July 2021			1,735 266
	Charge for the year
	(Disposals)
	As at 30"June 2022			2,001
	Net Book Value			531
	As at 30a June 2022
	As at 30a June 2021			797
5.	FIXEDASSETINVES~		2022	2021
				f,
	Charity Investment Funds: Market Value at 1"July 2021 Additions (net ofequalisation) (Disposals) Net Unrealised Investment Gains I(Losses)		1,288,265 188,102 (165,295) (143,582)	1,129,101 506,397 (512,726) 165,493
			1,167,490	1,288,265
	Term Deposit Account C.O.I.F. Charities Deposit	Fund	100,000 199,177	198,812
	Market Value as at 30oJune 2022		1,466,667	1,487,077

5,	FIXEDASSET INVESTMENTS	ont.	2022	2021
			f.
	Investments at fair value comprised:
	Bonds Equities Hedge Funds Private Equity Gold &.Other Commodities COIF Charities Ethical Investment	Fund	148,448 572,717 23,076 37,583 32,266 353,400	196,372 663,796 19,147 )7,010 27,798 364,142
			1,167,490	1,288,265
	Term Deposit Account COIF Charities Deposit Fund		100,000 199,177	198,812
			1,466,667	1,487,077
6.	DEBTORS AND P P YMENTS Prepayments and Accrued Income Due from Investment Managers		12,573 15,117	11,155 41,298
	Due from Publishers
	Gift Aid Tax Recoverable
			27,690	52,453
7.	OTHER CREDITORS AND ACCRUALS
	Amounts due within one year. Accruals and Deferred Income Subscription income held in suspense VAT payable		223,105 69 340	141,942 155 205 998
	Other Creditors
			223,514	143,300