INTERNATIONAL LAW ASSOCIATION ACCOUNTS- 31" DECEMBER 2020
INTERNATIONAL LAW ASSOCIATION
ACCOUNTS – 31[st] DECEMBER 2020
| Contents | Pages |
|---|---|
| Report of the Chair of the Executive Council | 1 & 2 |
| Statement of responsibilities of the Executive Council | 3 |
| Independent examiner’s report | 4 |
| Statement of financial activities | 5 & 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 to 10 |
INTERNATIONAL LAW ASSOCIATION
Annual Report for the year ended 31 December 2020
The Officers and Members of the Management Committee of the International Law Association (ILA) present this Report for the year ended 31 December 2020.
The present Officers of the ILA are as follows:
| The Rt Hon Lord Mance (UK) | Chair | Expiry of third term November 2021 |
|---|---|---|
| Judge Yuji Iwasawa (Japan) | Vice Chair | Expiry of first term May 2021 |
| Professor Catherine Kessedjian (France) | Vice Chair | Expiry of first term May 2021 |
| Professor James Nafziger (USA) | Vice Chair | Expiry of first term May 2021 |
| Professor Damilola Olawuyi (Nigeria) | Vice Chair | Expiry of first term November 2022 |
| Professor Antonios Tzanakopoulos (UK) | Hon. Secretary General | Expiry second term November 2022 |
| Professor Dr Rainer Hofmann (Germany) | Hon. Treasurer | Expiry of first term November 2023 |
| Professor Pierre Bodeau-Livinec (France) | Director of Studies | Expiry of first term November 2023 |
| Dr Chris Ward SC (Australia) | President | 20 August 2018-13 November 2020 |
| Judge Shunji Yanai (Japan) | President | Appointed 13 November 2020- |
The Officers are elected by the Executive Council (EC) for a period of four years unless an affirmative vote by a two-thirds majority at an EC meeting terminates their period of office earlier. They can serve a maximum of three terms. At each Conference, the ILA also elects a President who holds office until the commencement of the next Conference.
The Management Committee (MC) is composed of the Officers and additional persons nominated by the EC from time to time. The members of the EC are elected by the Branches according to the size of their membership.
EC meetings are held biennially (Spring and Autumn) and the MC meets separately between the EC meetings.
The financial year of the Association runs from 1 January to 31 December of each year.
The ILA is an unincorporated association and has been a registered Charity (249637) since October 1966. The Association also enjoys consultative status as an international non-governmental organisation with a number of United Nations organisations, a number of its specialised agencies and other international bodies.
The Headquarters of the ILA are located at Charles Clore House, 17 Russell Square, London WC1B 5DR.
History and Objectives
The Association was founded in Brussels in 1873 and is a body for the study, clarification and development of public and private international law and the furtherance of international understanding and respect for international law. There are over 50 branches and 4,300 members spread across the world and representing every continent.
The objectives of the ILA are primarily pursued through the substantive work of its international committees. There are currently 17 committees on topics as diverse as International Monetary Law, Global Cultural Heritage Governance, Global Health Law, Space Law, and Sea Level Rise. In addition, there are 5 Study/Interest Groups which encourage the involvement of younger Members in the Association’s work. Current areas of study include: The Role of Cities in International Law, UN Sanctions and the International law of Regional Organisations.
Activities
The activities of the Association are organised by the EC, MC and individual Officers within their respective remits, assisted in each case by the Headquarters Secretariat in London.
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The ILA was impacted significantly by the outbreak of the global pandemic of Covid-19 in 2020. The office was closed in March in accordance with UK Government Guidelines and staff relocated to working from home. The EC meetings could not take place as usual in London in Spring or Autumn and were, instead, held online. This initially presented a technical challenge for the association given it had never previously held any meetings online but it did facilitate greater participation and representation by Branches that would not normally have an opportunity to travel to London and attend.
The 79[th] Biennial International Law Conference was due to take place in Kyoto, Japan in August 2020. Due to the ongoing impact of the pandemic, it was necessary to switch to an online format, again another ‘first’ for the ILA. The Kyoto conference was organised by the Japan Branch, with the assistance of ILA Headquarters, and took place online from 29[th] November – 13 December 2020. Approximately 480 delegates participated in the conference and a total of 23 sessions of Committees, Study Groups and Panels were held covering a wide variety of international legal issues. Committee Reports and Resolutions on topics ranging from the Procedure of International Courts and Tribunals, the Implementation of the Rights of Indigenous Peoples and Intellectual Property and Private International Law were adopted amongst others. The ILA Scholarship scheme supported the participation of a diverse group of 25 young scholars from all corners of the globe. Conference participants recorded excellent presentations by speakers although the traditional networking opportunities at the event were curtailed given the limitations of the technology.
Preparations for the 80[th] Biennial International Law Conference due to be held in Lisbon, Portugal in 2022 continued. The conference will be hosted by the Portuguese Branch under its President, Professor Manuel de Almeida Ribeiro.
Various ILA Branches, Committees and Study Groups arranged activities, including meetings to review the latest developments in specific areas of international law and finalise the drafting of ILA Committee Reports and Resolutions for the Kyoto conference. All these meetings were held remotely and it is a testament to the strength of the ties between members of the ILA that in spite of the challenges presented by Covid-19 the substantive work of the association has continued.
A new ILA Branch was established in Venezuela in November 2020.
Finances
The attached accounts show the current state of finances which the Officers consider taking, one year with another, to be sound. The accounting treatment for 2020 has changed from the previous cash basis to an accruals basis. This is in line with the adoption of new electronic accounting software for the financial management of the association.
Pursuant to provisions in the Charities Act 1993 applying to Charities with a gross annual income or expenditure below £250,000 in an accounting year, the Officers have elected that the accounts be ‘examined’ rather than ‘audited’, giving rise to a considerable saving in professional fees.
Banking services are provided by:
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HSBC, 1 Woburn Place, Russell Square, London WC1H 0LQ.
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CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ.
ILA Policy on Financial Reserves
To be able to provide reliable services over a longer period the Association must be able to absorb occasional shortfalls in income.
As the income of the Association comes mainly from its members (Branches), the annual level of income and the regularity of payment show significant fluctuations over the years. As the expenditure in relation to the level of services is already minimal, and no big reductions in expenditure can be made, it is desirable that the Association maintains a reserve at least equal to the expenditure of one calendar year.
JOnathan Mance
JOnathan Mance (Oct 28, 2021 11:19 GMT+1)
_________ The Rt Hon Lord Mance Chair, International Law Association May 2021
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INTERNATIONAL LAW ASSOCIATION
STATEMENT OF RESPONSIBILITIES OF THE EXECUTIVE COUNCIL
INTERNATIONAL LAW ASSOCIATION
The executive council is required under the Charities Act 2011 to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the executive council should follow best practice and:
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a) select suitable accounting policies and apply them consistently;
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b) observe the methods and principles in the applicable Charities SORP;
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c) make judgements and estimates that are reasonable and prudent;
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d) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
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e) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The executive council is responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to ensure that the financial statements comply with the Charities Act 2011 and the applicable Charities (Accounts and Reports) Regulations. It is also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The executive council is responsible for the maintenance and integrity of the charity. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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INTERNATIONAL LAW ASSOCIATION
INDEPENDENT EXAMINER’S REPORT
Report of the Independent Examiner to the Trustees
on the accounts of the Charity for the year ended 31[st] December 2020
I report on the accounts of the Association for the year ended 31[st] December 2020 that are set out on pages 5 to 10.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. The charity is preparing accounts in accordance with the accounting policies set out in note 1 on page 8 of the accounts. I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act;
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to follow procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept in accordance with section 130 of the Charities Act; and
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accounts are prepared that agree with the accounting records and comply with the accounting requirements of the Charities Act; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
S Magecha Financial Visibility Ltd Chartered Accountants 7 Jardine House Harrovian Business Village Bessborough Road Harrow HA1 3EX
5[th] May 2021
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INTERNATIONAL LAW ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31[st ] DECEMBER 2020
| Unrestricted Funds £ Restricted Fund £ Incoming Resources Subscriptions 126,683 - Sales Publications - - Deposit interest Contribution towards administration Conference income Royalties ILA Scholarship Fund Other income 86 3,000 20,502 7,108 - 25 30,721 - - - - 41,474 - 41,474 Total Incoming Resources Deduct: Total Expenditure(Page 6) Net Surplus(Deficit) for the year Total funds brought forward Total funds carried forward 157,404 134,327 23,077 162,373 185,450 41,474 66 41,408 10,524 51,932 |
Total 2020 £ 126,683 - 86 3,000 20,502 7,108 41,474 25 72,195 198,878 134,393 64,485 172,897 237,382 |
Total 2019 £ 115,987 11,189 163 3,000 - 6,458 5,340 25 14,986 142,162 146,735 (4,573) 177,470 172,897 |
|
|---|---|---|---|
There were no recognised gains or losses for 2020 or 2019 other than those included in the Statement of Financial Activities.
All amounts relate to continuing activities.
The notes on pages 8 to 10 form an integral part of these accounts
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INTERNATIONAL LAW ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31[st ] DECEMBER 2020
| Unrestricted Funds £ Restricted Fund £ Expenditure Direct Charitable Expenditure: Conference report – distribution ILA Scholarship Fund - - - - Staff Costs: Administrative salary, bookkeeping and secretarial services Pension costs 56,477 4,648 61,125 - - - Management and Administration: Rent and rates Insurance Postage, stationery and photocopying Telephone, fax and internet Website support, licence and consultancy Legal and professional Accountants’ remuneration Executive Council functions and meetings Conference expenses Office and sundries Officers’ expenses and travel Bank and credit card charges Depreciation 20,963 1,231 655 1,392 13,827 - 5,937 - 20,097 386 128 1,390 7,196 73,202 - - - - - - - - - - - 66 - 66 Total Expenditure 134,327 66 |
Total 2020 £ - - - 56,477 4,648 61,125 20,963 1,231 655 1,392 13,827 - 5,937 - 20,097 386 128 1,456 7,196 73,268 134,393 |
Total 2019 £ 10,731 - 10,731 79,802 6,731 86,533 13,775 878 515 2,039 11,341 3,312 4,032 2,109 - 731 1,980 1,781 6,978 49,471 146,735 |
|---|---|---|
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INTERNATIONAL LAW ASSOCIATION
BALANCE SHEET AS AT 31[st] DECEMBER 2020
| Note Fixed Assets Tangible fixed assets 2 Current Assets Debtors Cash at bank and in hand Creditors – amounts falling due within one year Net Assets 3 4 Funds Unrestricted Funds Restricted Fund Total Funds 5 |
2020 £ - 27,206 219,716 246,922 9,540 237,382 237,382 185,450 51,932 237,382 |
2019 £ 7,196 10,255 187,701 197,956 32,255 165,701 172,897 162,373 10,524 172,897 |
|---|---|---|
Approved and signed on behalf of the Executive Council on 8[th] May 2021.
The notes on pages 8 to 10 form an integral part of these accounts.
Rainer Hofmann Rainer Hofmann (Oct 28, 2021 13:36 GMT+2)
Professor Dr R Hofmann Hon. Treasurer
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INTERNATIONAL LAW ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31[st ] DECEMBER 2020
1 Accounting Policies
- (a) Basis of Accounts Preparation
The financial statements have been prepared under the historical cost convention in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland – Charities SORP (FRS 102) and with the Charities Act 2011. The financial statements have been prepared on a going concern basis.
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(b) International Law Association meets the definition of a public benefit entity under FRS 102.
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(c) Incoming Resources
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The ILA receives a substantial proportion of its income from overseas branch subscriptions. The subscriptions are calculated on the number of members in each overseas branch, the amount and receipt of which is unpredictable. In previous years, subscriptions have been accounted for in the financial statements on a receipts basis. This accounting policy has been changed in 2020 and subscriptions are now included as income at the time they are invoiced to overseas branches and to individual members.
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(d) Expenditure
All expenditure is included in the financial statements on an accruals basis.
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(e) Tangible Fixed Assets
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Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated at 25% per annum on a straight-line basis to write off the assets over their expected lives.
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(f) Fund Accounting
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Funds held by the ILA are: Unrestricted Funds -
- These are general funds which can be used in accordance with the ILA’s charitable objects
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Restricted Fund - ILA Scholarship Fund
This fund has been established to encourage and facilitate younger persons to participate in the work of the ILA
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(g) Pension Costs
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The ILA makes defined pension contributions on behalf of its staff. The contributions are charged to staff costs in the Statement of Financial Activities on an accruals basis.
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(h) Taxation
The ILA is a registered charity and is, therefore, not liable to corporation tax to the extent that its income is applied to charitable purposes.
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INTERNATIONAL LAW ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31[st] DECEMBER 2020
| 2 Tangible Fixed Assets Website Development costs £ At cost at 1stJanuary 2020 25,008 Deduct:Depreciation At 1stJanuary 2020 Charge for the year Net Book Value at 31stDecember 2020 Net book value at 31stDecember 2019 18,756 6,252 25,008 - 6,252 3 Debtors Amounts receivable within one year: Trade debtors Other debtors Prepayments 4 Creditors Amounts falling due within one year: Other creditors Tax and national insurance Accruals and deferred income |
Office Equipment £ 4,256 3,312 944 4,256 - 944 2020 £ 2019 £ 24,010 2,527 670 27,206 - - 10,255 10,255 120 - 9,420 9,540 809 - 31,446 32,255 |
Total £ 29,264 22,068 7,196 |
|---|---|---|
29,264 |
||
| - 7,196 |
||
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INTERNATIONAL LAW ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31[st] DECEMBER 2020
| 5 Analysis of Funds Unrestricted funds Restricted fund: ILA Scholarship Fund |
At 1st Incoming January Resources 2020 £ £ 162,373 157,404 10,524 172,897 41,474 198,878 |
Expen- At 31st diture December £ 2020 £ 134,327 185,450 66 134,393 51,932 237,382 |
|---|---|---|
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ILA HQ - Final Accounts 01 Jan 2020 - 31 Dec
2020
Final Audit Report
2021-10-28
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"ILA HQ - Final Accounts 01 Jan 2020 - 31 Dec 2020" History
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