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|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|





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|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||||||||
|||unres**t**ied|2024<br>Designated<br>Funds|||Designated|Total<br>Funds|
||Note|||||||
|Income from:||||||||
|nationsandlegac<br>aritable activiti<br>Investments|2811|266,293<br>1,196||294,454<br>28,497<br>1,196|255,100<br>27,702<br>**1**,22||306,308<br>**1**,27|
|Total incoming resources||295,986|28,161|324,147|283,950|51,208|335,158|
|Expenditure on:<br>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<br>(losses)<br>Unrealisedproft/(loss)on<br>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|





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||||2024||2023||
|---|---|---|---|---|---|---|
|||||||£|
||Note||||||
|Fixedassets - tangibleassets<br>O**f**ce furniture & equipment, at cost||||||-|
|less depreciation|||||||
|Investments|10|||707,032||632,265|
|Current Assets<br>Cashat bank and inhand<br>Accrued income<br>Other debtors|||99,147<br>14,155<br>21,791<br>135,093||149,452<br>15,996<br>4,614<br>170,062||
|Current Liabilities|||||||
|Amountsfalling due within oneyear:<br>Accruals<br>Creditors<br>NetCurrentAssets||3,130<br>4,830|7,960|127,133|2,955<br>6,043<br>8,998|161,064|
|TotalAssets less CurrentLiabilities||||834,165||793,329|
|Unrestricted Funds:<br>General Fund<br>Designated Funds|**1**||350,479<br>483,686|||309,643<br>483,686|
|||||834,165||793,329|



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|||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|





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||||Total|Total|
|---|---|---|---|---|
|||2024|2024|2023|
|||||£|
|4|Otherincomingresources<br>Other|||2 7|
||Incomefrominvestments||||
||Bankinterestreceivable||1,196|1,121|
||Analysisof expenditure on charitableactivities||||
||Yearbookcosts||14,556|14,525|
||Projects and seminars<br>Bursaries and prizes<br>Fundraising<br>Support costs<br>Staff costs<br>Offcerental andoverheads<br>ITand computerequipment<br>Bank charges<br>Exchange differences<br>Accountancy|180,877<br>55,350<br>9,890<br>1,359<br>6,551<br>7,002|50,912|84,428<br>497<br>123,722<br>23,898<br>7,985<br>1,409<br>2,758<br>5,080|
||||261,029|164,852|
||Governance costs<br>Expenses of meetings<br>Independentexaminationfees|1,420<br>2,000|3,420|171<br>2,000|
||||329,917|266,473|



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||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<br>Provided in the year<br>Depreciationat 31 December2024|18,369<br>18,369|
|Written down value at 1 January 2024 and 31 December 2024|-|





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|10|Fixedassetinvestments||
|---|---|---|
||Listed investments||
||Market value at 1 January 2024|632,265|
||Additions at cost||
||Proceedsofdisposal<br>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|



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|||Movementinfunds|Movementinfunds||||
|---|---|---|---|---|---|---|
||Balance at<br>1January2024|Incoming<br>resources|Resources<br>expended|Transfers to<br>general fund||Balance at<br>31 December<br>2023|
||||£||||
|Pamphlet digitisation fund<br>PhD studentship fund<br>Endowment fund|no s**e**|1,843<br>26,318|1,843<br>26,318||---|483,686|
||483,686|28,161|28,161|.||483,686|



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||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|