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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe company,|its Trustees and advisers||
|Trustees'
report||||2-8|
|Independent
auditors'|report|on the financial statements||9-12|
|Statement offinancial|activities|||13|
|Balance sheet||||14|
|Notes to the financial|statements|||15-28|
##
|Trustees|||Professor
Hugh|Gordon|Gordon|Gordon|Dickinson,|Dickinson,|Principal|Principal||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Professor Roderick Hunt|||||||||||
||||Doctor Michael|Barson Jackson (resigned||||||10October||2021)||
||||Professor
Philip|Mark||Gilmartin||(appointed|||15December 2021)|||
|Company|registered|||||||||||||
|number|||00078001|||||||||||
|Charity registered||||||||||||||
|number|||237771|||||||||||
|Registered||office|1 Emperor Way|||||||||||
||||Exeter Business||Park|||||||||
||||Exeter|||||||||||
||||EX1 3QS|||||||||||
|Company|secretary||Professor Roderick Hunt|||||||||||
|Chief executive officer|||The Company
most ofthe day|Secretary
and Treasurer
is delegated
to day affairs ofthe Company.||||||||by the trustees|to conduct|
|Independent||auditors|Bishop Fleming|LLP||||||||||
||||Chartered
Accountants|||||||||||
||||2nd Floor Stratus||House|||||||||
||||Emperor Way|||||||||||
||||Exeter Business|Park||||||||||
||||Exeter|||||||||||
||||EX1 3QS|||||||||||
|Bankers|||National
Westminster|||Bank pic||||||||
||||Exeter Business|Centre||||||||||
||||Vantage
Point|||||||||||
||||Pynes
Hill|||||||||||
||||Exeter|||||||||||
||||EX2 5FD|||||||||||
||||Bank of Scotland||pic|||||||||
||||8 Lochside Avenue|||||||||||
||||Edinburgh|||||||||||
||||EH12 9DJ|||||||||||
||||Santander
UK pic|||||||||||
||||Bridle Road|||||||||||
||||Bootle|||||||||||
||||GIR OAA|||||||||||
|Solicitors|||Ashfords
LLP|||||||||||
||||Ashfords
House|||||||||||
||||Grenadier
Road|||||||||||
||||Exeter|||||||||||
||||EX1 3LH|||||||||||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
||||Note|2021f|2021|2020|
|Income from:|||||||
|Charitable
activities||||512,109|512,109|508,664|
|Investments||||26,800|26,800|31,323|
|Total income||||538,909|538,909|539,987|
|Expenditure
on:|||||||
|Raising funds||||31,362|31,362|28,155|
|Charitable
activities||||356,338|356,338|403,145|
|Total expenditure||||387,700|387,700|431,300|
|Net income before net gains/(losses)||on|||||
|investments||||151,209|151,209|108,687|
|Net gainsl(losses)
on investments||||71,329|71,329|(15,388)|
|Net movement
in funds before other||recognised|||||
|gains||||222,538|222,538|93,299|
|Other recognised
gains:|||||||
|Gains on revaluation|offixed asset investments|||239,593|239,593|119,670|
|Net movement
in funds||||462,131|462,131|212,969|
|Reconciliation
offunds:|||||||
|Total funds brought|forward|||3,441,006|3,441,006|3,228,037|
|Net movement
in funds||||462,131|462,131|212,969|
|Total funds carried|forward|||3,903,137|3,903,137|3,441,006|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021f|2020|
|Dividend|income|23,722|23,722|24,970|
|Bank and|other interest|3,078|3,078|6,353|
|||26,800|26,800|31,323|
|TOTAL 2020||31,323|31,323||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|Portfolio management|fee|31,362|31,362|28,155|
|TOTAL 2020||28,155|28,155||
||Grants to|Total|Total|
|---|---|---|---|
||Individuals|funds|funds|
||2021|2021|2020|
||F|E||
|Grants, AoBjournal|2,639|2,639||
|Grants„ISPjournal|||1,922|
||2,639|2,639|1,922|
|TOTAL 2020|1,922|1,922||
##
##
||Activities|Grant||||
|---|---|---|---|---|---|
||undertaken|funding
of|Support|Total|Total|
||directly|activities|costs|funds|funds|
||2021|2021|2021|2021|2020|
|||E||E||
|AoBjournal|166,501|2,639|17,464|186,604|212,432|
|AoB Plants journal|24,691||3,574|28,265|40,101|
|AoB Blog|48,010||5,261|53,271|60,470|
|ISPjournal|66,000||6,922|72,922|75,709|
|Goverance costs|||15,276|15,276|14,433|
||305,202|2,639|48,497|356,338|403,145|
|TOTAL 2020|348,872|1,922|52,351|403,145||
##
##
##
|||AoB|||||
|---|---|---|---|---|---|---|
|||PLANTS|||Total|Total|
||AoBjournal|journal|AoB Blog|ISPjournal|funds|funds|
||2021f|2021f|2021
f|2021
f|2021f|2020
F|
|Chief and|||||||
|additional|||||||
|Editorial|||||||
|wages and|||||||
|salaries||||||25,149|
|Chief Editor fees|16,696||36,799||53,495|64,657|
|Editorial Office|||||||
|fees &salaries|91,355|||50,000|141,355|129,540|
|Editorial Office|||1,457||1,457|1,318|
|Editorial Board|||||||
|fees|39,903|22,440|9,754|16,000|88,097|89,992|
|Manuscript|||||||
|handling|7,575|2,251|||9,826|19,330|
|Editorial|||||||
|services|10,852||||10,852|17,289|
|Payroll fees|120||||120|1,196|
|Sundry|||||||
|expenses||||||401|
||166,501|24,691|48,010|66,000|305,202|348,872|
|TOTAL 2020|191,651|36,777|54,444|66,000|348,872||
##
##
##
||||||||AoB|||
|---|---|---|---|---|---|---|---|---|---|
||||||||PLANTS|||
|||||||AoBjournal|journal|AoB Blog|ISPjournal|
|||||||2021|2021|2021|2021|
||||||||||F|
||External|travel and meeting costs|||||984|||
||Company
office costs|||||17,464|2,590|5,036|6,922|
||Internal|travel|and meeting costs|||||225||
||Journal|promotion||||||||
||Accountancy||and other finance|related||||||
||costs|||||||||
|||||||17,464|3,574|5,261|6,922|
||TOTAL 2020|||||20,781|3,324|6,026|7,787|
||||||||Goverance|Total|Total|
||||||||costs|funds|funds|
||||||||2021f|2021
E|2020|
||External|travel and meeting costs||||||984||
||Company
office costs|||||||32,012|22,920|
||Internal|travel|and meeting costs|||||225|2,797|
||Journal|promotion|||||||12,201|
||Accountancy||and other finance|related||costs|15,276|15,276|14,433|
||||||||15,276|48,497|52,351|
||TOTAL 2020||||||14,433|52,351||
|9.|Auditors'|remuneration||||||||
|||||||||2021|2020|
||Fees payable||to the company's|auditor||for the audit ofthe|company's|||
||annual|accounts||||||5,150|4,800|
||Fees payable||to the company's|auditor||in respect of:||||
||All non-audit||services not included||above|||7,644|8,600|
##
||||2021|2020|
|---|---|---|---|---|
|||||F|
|Wages and|salaries|||23,917|
|Social security costs||||887|
|Contribution|to defined contribution|pension schemes||345|
|||||25,149|
|2021|2020|
|---|---|
|No.|No.|
##
##
##
|||Cash||
|---|---|---|---|
||Listed|dealing||
||investmentsf|account|Totalf|
|COST OR VALUATION||||
|At 1 January
2021|2,070,757|29,339|2,100,096|
|Additions|230,128||230,128|
|Disposals|(152,368)|(1,957)|(154,325)|
|Revaluations|239,593||239,593|
|At 31December 2021|2,388,110|27,382|2,415,492|
|NET BOOK VALUE||||
|At 31 December 2021|2,388,110|27,3&2|2,415,492|
|AT 31 DECEMBER 2020|2,070,757|29,339|2,100,096|
|HISTORICAL COST||||
##
|||2021f|2020f|
|---|---|---|---|
|DUE WITHIN|ONE YEAR|||
|Trade debtors||516,264|507,906|
|Other debtors||23,684|22,693|
|Prepayments|and accrued income|5,284|4,811|
|||545,232|535,410|
##
##
||2021f|2020f|
|---|---|---|
|Trade creditors|2,929|5,221|
|Other taxation and social security||1,489|
|Pension contribution|68|68|
|Accruals and deferred income|79,207|75,765|
||82,204|82,543|
##
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||||31|
||January|||Transfers|Gains/|December|
||2021|Income|Expenditure|in/out|(Losses)|2021|
|UNREST'D|||||||
|FUNDS|||||||
|DESIGNAT'D|||||||
|FUNDS|||||||
|Production|||||||
|Reserve|477,000|||(59,000)||418,000|
|Promotions|||||||
|Fund for|||||||
|Botanical|||||||
|Science|2,623,269|||253,672|310,922|3,187,863|
||3,100,269|||194,672|310,922|3,605,863|
|GENERAL|||||||
|FUNDS|||||||
|General Funds|340,737|53&,909|(387,700)|(194,672)||297,274|
|TOTAL|||||||
|UNREST'D|||||||
|FUNDS|3„441,006|538,909|(387,700)||310,922|3,903,137|
##
##
|Statement offun|ds - prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||31|
||1 January|||Transfers|Gains/|December|
||2020|Income|Expenditure|in/out|(Losses)|2020|
||F|F|F|F|F||
|UNREST'D|||||||
|FUNDS|||||||
|DESIGNAT'D|||||||
|FUNDS|||||||
|Production|||||||
|Reserve|432,000|||45,000||477,000|
|Promotions|||||||
|Fund for|||||||
|Botanical|||||||
|Science|2,525,877|||(6,890)|104,282|2,623,269|
||2,957,877|||38,110|104,282|3,100,269|
|GENERAL|||||||
|FUNDS|||||||
|General Funds|270,160|539,987|(431,300)|(38,110)||340,737|
|TOTAL|||||||
|UNREST'D|||||||
|FUNDS|3,228,037|539,987|(431,300)||104,282|3,441,006|
##
|Summary
offun|ds - current year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at 1|||||31|
||January|||Transfers|Gains/|December|
||2021f|Income
f|Expenditure|in/out
F|(Losses)|2021
E|
|Designated|||||||
|funds|3,100,269|||194,672|310,922|3,605,863|
|General funds|340,737|538,909|(387,700)|(194,672)||297,274|
||3,441,006|538,909|(387,700)||310,922|3,903,137|
##
|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at|||||31|
||1 January|||Transfers|Gains/|December|
||2020|Income|Expenditure|in/out|(Losses)|2020|
|||||E|F|F|
|Designated|||||||
|funds|2,957,877|||38,110|104,282|3,100,269|
|General funds|270,160|539,987|(431,300)|(38,110)||340,737|
||3,228,037|539,987|(431,300)||104,282|3,441,006|
##
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2021|2021|
|Fixed asset investments|2,415,492|2,415,492|
|Current assets|1,569,849|1,569,849|
|Creditors due within one year|(82,204)|(82,204)|
|TOTAL|3,903,137|3,903,137|
|Analysis of net assets between
funds -prior year|||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||2020|2020|
||F||
|Fixed asset investments|2,100,096|2,100,096|
|Current assets|1,423,453|1,423,453|
|Creditors due within one year|(82,543)|(82,543)|
|TOTAL|3,441,006|3,441,006|
##
|non-cancell|able
operating
leases as follows:|||
|---|---|---|---|
|||2021|2020|
|Not later than 1 year||24,168|19,476|
|Later than|1 year and not later than 5years||1,623|
|||24,168|21,099|
##
##
|Grants and donations||||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|ISP, Plant Molecular Biology Gordon|||Research||Conference||478|
|Virtual participant
registration||scholarship||||1,088||
|American
Society of Plant|Biologists||participant||registration|||
|scholarship||||||1,082||
|AoB Lecturer, Arizona|||||||386|
|AoB Lecture sponsorship|and|registration||support||469||
|ISP, Botany Virtual Conference|||||||672|
|ISP, Contribution
to AgMIP|Advances||Part|1:Modelling|||386|
|||||||2,639|1,922|