##
##
##
##
|||||
|---|---|---|---|
|Contents|||Page|
|Charity Reference and|Administration|Details||
|Report ofthe Council||||
|Independent
Examiner's|Report|||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|||7-12|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Year ended 31D|ecember 2021|||
|---|---|---|---|
|||2021|2020|
|Income||8|E|
|Donations|||15,027|
|Charitable
activities||||
|-Journal
Subscriptions||57,478|52,873|
|—Memberships||21,172|27,180|
|-Meetings||5,897|11,255|
|-Local Section Events||9,911|1,000|
|-Coronavirus
Job Retention Scheme Grants||32,671|41,071|
|Other trading
activities||16,972|10,449|
|Investments||15,846|16,213|
|Total Income||160,599|175,068|
|Expenditure||||
|Charitable
activities||122,726|123,683|
|Other||44,109|41,498|
|Total Expenditure||166,835|165,181|
|I4et Gains i(Losses) on Investments|10|27,591|(39,935)|
|Met Income I(Expenditure)||21,355|(30,048)|
|Net Movement
In Funds||21,355|(30,048)|
|Fund Balance brought forward||316,842|346,890|
|Fund Balance carried forward||338,197|316,842|
##
##
||||note|2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Fixed Assets||||||
|Intangible|||9|2,577|3,437|
|Tangible|||g|5,590|6,037|
|Investments|||10|323,481|298,662|
|||||331,648|308,136|
|Current Assets||||||
|Stock||||2,592|2,662|
|Debtors||||19,587|23,906|
|Cash at Bank and||in Hand||92,967|63,714|
|||||115,146|90,282|
|Creditors: amounts||falling due within one year|12|94,931|63,909|
|Net Current Assets||||20,215|26,373|
|Total assets less current liabilities||||351,863|334,509|
|Creditors: amounts||falling due after more than one year|12|(13,666)|(17,667)|
|Net Assets||||338,197|316,842|
|The Funds ofthe Charity||||||
|Unrestricted|Funds||13|338,197|316,842|
##
##
##
##
##
##
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
||||8|8|
|2|JournalSubscriptions||||
||Glass Technology||15,435|16,473|
||Physics and Chemistry|ofGlasses|18,492|18,792|
||European
Journal ofGlass Science and Technology||3,431|3,481|
||Copyright
Royalfies||19,471|13,857|
||Back Issues|||270|
||||57,478|52,873|
|3|Memberships||||
||Current - Corporate||2,707|4,126|
||—Personal||17,487|19,554|
||||20,194|23,680|
||Arrears||184|1,050|
||||20,378|24,730|
||Tax Recoverable||794|24M|
||||21,172|27,180|
|4|Other trading
activities||||
||Sale of Publications||1,277||
||Sale ofSpecimens||2,835|850|
||Royalties||9,266|5,959|
||Miscellaneous
Income||3,594|3,072|
||||16,972|10,449|
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||||0|
|5|Investment
Income and|interest|||||
||Dividends - UK Equities||||14,229|13,402|
||Interest
- UK Fixed Interest Securities||||1,615|2,803|
||-Cash Deposits||||2|8|
||||||15,846|16,213|
|6|Analysis ofexpenditure|on|||||
||charitable
activities||||||
||Editorial Salaries and National|||Insurance|48,354|59,302|
||Other Salaries and hlational||Insurance||22,604|23,192|
||Pension Scheme Contributions||||4,398|4,889|
||Editorial Expenses||||||
||Journal
Printing||||2,661|2,662|
||Electronic Publishing||||8,589|8,970|
||Database
Hosting||||2,741|2,850|
||Carnage
and Despatch of|Journals|||3,486|2,062|
||Meetings||||||
||Establishment
Expenses||||16,476|13,981|
||Other office costs||||3,514|4,005|
||Scholarships,
Awards and|Prizes|||1,790|1,770|
||Local Sections||||8,113||
||||||122,726|123,683|
|7|Analyrds ofother costs||||||
||Salaries &National
Insurance||||27,581|27,033|
||Pension Scheme Contributions||||1,385|1,416|
||Establishment
Expenses||||4,374|3,712|
||Independent
Examiner's Fee||||1,500|1,450|
||Professional
Charges||||3,000|2,575|
||Investment
management
fees||||3,187|2,864|
||Bank &Credit Card Charges||||1,502|1,782|
||Bank Loan interest||||277||
||Incidental Expenses||||356||
||Foreign Exchange Rate Losses||||947||
|||||||41,498|
##
##
||||2021|2020|
|---|---|---|---|---|
||||R||
|Emoluments|||||
|Total Staff|Costs comprised:||||
|Salaries|||95,131|105,078|
|Employers
National
insurance
Pension Scheme Contributions|||3,409
5,783|4,449
6,305|
||||104323|115832|
##
|Fixed Assehi|Intangible|Tangible
Equipment|
|---|---|---|
||Website|Furniture
&|
|||Fittings|
|||R|
|Cost|||
|1 January 2021|4,297|10,954|
|Additions|||
|31December 2021|4297|10954|
|Amorgsagon/Depreciation|||
|1 January 2021|860|4,917|
|Charge for the year|860|447|
|31 December 2021|1 720|5354|
|Net Book Value|||
|31December 2020|3437|5037|
|31 December 2021|2 577|5590|
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||8|6|
|10|Fixed Asset investments|||||||
||Valuation|||||||
||At 1 January|||||298,662|339,919|
||Additions
Disposals
Realised (iosses)/gains
in the Year
Unrealised
(losses)/gains
in the Year
At 31 December
Cash at Bank awaiting
investment|||||65,317
(69,079)
10,051
17.242
322,491
990|43,831
(45,153)
(12,458)
~27.477
298,662|
|||||||323,481|298,662|
||investments
at Market||Value comprised;|||||
||UK Equities
UK Fixed Interest Securities|||||300,416
22,075|264,746
33,916|
|||||||~22421|222 222|
||Historical Cost at 31|December||||316,659|316,296|
|11|Debtors|||||||
||Trade Debtors
Other Debtors|||||3,818
15,769|'I1,528
12,378|
|||||||19,587|23,906|
|12|Creditorst
amounts|falling||due within one year||||
||Trade Creditors
Elank Loan
Other Creditors
Accruals
Deferred Income|||||8,814
4,000
13,551
4,485
64,081|5,566
2,333
5,722
3,734|
||||||||63,909|
||Deferred Income comprises|||subscriptions|and other income r~ived|in advance.||
||Creditors:
amounts|falling||due after more|than one year|||
||Bank Loan|||||13666|17,667|
##
##
||||Balance at
01.01.21|Income|Expenditure|Gains I
(Losses)|Balance at
31.12.2'f|
|---|---|---|---|---|---|---|---|
||||E|E|8|E|E|
|Unrestricted
Designated|||285,000
31,842|159,402
1,197|(166,835)|25,918
1,673|303,485
34,712|
||||316842|160599|~1M,835|22591|338,197|
|The designated
fund relates to a gift received to be used forthe purpose offunding a
continuing
biennial series oflectures and student prizes in memory of Michael Cable.||||||||
||||Balance at
01.01.20|Income|Expenditure|Gains I
(Losses)|Balance at
31.12.20|
||||E|E|8||E|
|Unrestricted
Designated|||314,559
32,331|173,822
1,246|(165,181)|(38,200)
(1,735)|285,000
31,842|
||||8~93|~15088|166181|ll
5j5|316842|
##
##