| Contents | Page |
|---|---|
| Legaland AdministrativeInformation | 1 |
| Reportof theTrustees | 2-8 |
| IndependentExaminer'sReport | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 1 |
| Notesforming part of the FinancialStatements | 12 - 17 |
| Statement of Financial Activities for | Statement of Financial Activities for | Statement of Financial Activities for | the year en | ded 31 D | ecember | 2024 | |
|---|---|---|---|---|---|---|---|
| SummaryIncome and ExpenditureAccount | |||||||
| unrestied | 2024 Designated Funds |
Designated | Total Funds |
||||
| Note | |||||||
| Income from: | |||||||
| nationsandlegac aritable activiti Investments |
2811 | 266,293 1,196 |
294,454 28,497 1,196 |
255,100 27,702 1,22 |
306,308 1,27 |
||
| Total incoming resources | 295,986 | 28,161 | 324,147 | 283,950 | 51,208 | 335,158 | |
| Expenditure on: Charitable activities |
6 & 11 | 329,917 | 28,161 | 358,078 | 266,473 | 90,261 | 356,734 |
| Total resources expended | 329,917 | 28,161 | 358,078 | 266,473 | 90,261 | 356,734 | |
| Net income/(expenditure) | (33,931) | (33,931) | 17,477 | (39,053) | (21,576) | ||
| Otherrecognised gainsand (losses) Unrealisedproft/(loss)on investment assets |
74,767 | 74,767 | 50,897 | 50,897 | |||
| Transferfrom designatedfunds | # | 6,292 | (6,292) | ||||
| Net movement in funds | 40,836 | 40,836 | 74,666 | (45,345) | 29,321 | ||
| conciliationofFunc | |||||||
| talfunds broughtforwa | 309,643 | 483,686 | 793,329 | 234,977 | 529,031 | 764,008 | |
| Totalfunds carriedforward | 350,479 | 483,686 | 834,165 | 309,643 | 483,686 | 793,329 |
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| £ | ||||||
| Note | ||||||
| Fixedassets - tangibleassets Ofce furniture & equipment, at cost |
- | |||||
| less depreciation | ||||||
| Investments | 10 | 707,032 | 632,265 | |||
| Current Assets Cashat bank and inhand Accrued income Other debtors |
99,147 14,155 21,791 135,093 |
149,452 15,996 4,614 170,062 |
||||
| Current Liabilities | ||||||
| Amountsfalling due within oneyear: Accruals Creditors NetCurrentAssets |
3,130 4,830 |
7,960 | 127,133 | 2,955 6,043 8,998 |
161,064 | |
| TotalAssets less CurrentLiabilities | 834,165 | 793,329 | ||||
| Unrestricted Funds: General Fund Designated Funds |
1 | 350,479 483,686 |
309,643 483,686 |
|||
| 834,165 | 793,329 |
| Total | Total | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | |||
| 2 | Incomefrom donations andlegacies | ||
| Gifts and donations | 294,454 | 306,308 | |
| 3 | Incomefrom charitableactivities | ||
| Incomedirectly attributable to YearBooks | 28,497 | 27,702 |
| Total | Total | |||
|---|---|---|---|---|
| 2024 | 2024 | 2023 | ||
| £ | ||||
| 4 | Otherincomingresources Other |
2 7 | ||
| Incomefrominvestments | ||||
| Bankinterestreceivable | 1,196 | 1,121 | ||
| Analysisof expenditure on charitableactivities | ||||
| Yearbookcosts | 14,556 | 14,525 | ||
| Projects and seminars Bursaries and prizes Fundraising Support costs Staff costs Offcerental andoverheads ITand computerequipment Bank charges Exchange differences Accountancy |
180,877 55,350 9,890 1,359 6,551 7,002 |
50,912 | 84,428 497 123,722 23,898 7,985 1,409 2,758 5,080 |
|
| 261,029 | 164,852 | |||
| Governance costs Expenses of meetings Independentexaminationfees |
1,420 2,000 |
3,420 | 171 2,000 |
|
| 329,917 | 266,473 |
| 2024 | 2023 | |
|---|---|---|
| Number of employees | ||
| Theaverage monthly number of employees during the yearwas: | 5 | 4 |
| Employment costs | ||
| Wages and salaries | 158,461 | 110,688 |
| Social security | 10,592 | 4,835 |
| Staff pension premiums | 11,824 | 8,199 |
| 180,877 | 123,722 |
| There were no employees whose annual remuneration was £60,000 or more | |
|---|---|
| Fixed assets | |
| Fixtures and equipment | |
| Cost at 1 January 2024 and at 31 December 2024 | 18,369 |
| Depreciation at 1 January 2024 Provided in the year Depreciationat 31 December2024 |
18,369 18,369 |
| Written down value at 1 January 2024 and 31 December 2024 | - |
| 10 | Fixedassetinvestments | |
|---|---|---|
| Listed investments | ||
| Market value at 1 January 2024 | 632,265 | |
| Additions at cost | ||
| Proceedsofdisposal Profitondisposal |
||
| Changein value in theyear | 74,767 | |
| Market value at 31 December 2024 | 707,032 | |
| Historical cost at 1 January 2024 and 31 December 2024 | 483,686 |
| Movementinfunds | Movementinfunds | |||||
|---|---|---|---|---|---|---|
| Balance at 1January2024 |
Incoming resources |
Resources expended |
Transfers to general fund |
Balance at 31 December 2023 |
||
| £ | ||||||
| Pamphlet digitisation fund PhD studentship fund Endowment fund |
no se | 1,843 26,318 |
1,843 26,318 |
--- | 483,686 | |
| 483,686 | 28,161 | 28,161 | . | 483,686 |
| 2024 | 2023 | |
|---|---|---|
| £ | ||
| Net movement in funds (as per page 10) | 40,836 | 29,321 |
| Adjustments: | ||
| (Increase)/Decreasein value ofinvestments | (74,767) | (50,897) |
| (Increase)/Decreaseindebtors | (15,336) | 51,879 |
| Increase/(Decrease)increditors | (1,038) | (4,401) |
| CashFlow from OperatingActivities | (50,305) | 25.902 |
| Bank accounts as at 1 January 2024 | 149,452 | 123,550 |
| Banka c c o u n t s as at 31 D e c e m b e r2024 | 99,147 | 149,452 |
| NetIncrease/(Decrease) in Cash and BankBalances | (50,305) | 25,902 |