2022-12-31-accounts - International Law Association

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INTERNATIONAL LAW ASSOCIATION ACCOUNTS FOR YEAR END-31" DECEMBER2022

INTERNATIONAL LAW ASSOCIATION

ACCOUNTS 31[st] DECEMBER 2022

Contents	Pages
Report of the Chair of the Executive Council	1 & 2
Statement of responsibilities of the Executive Council	3
	4
Statement of financial activities	5 & 6
Balance sheet	7
Notes to the financial statements	8 to 12

INTERNATIONAL LAW ASSOCIATION

Annual Report for the year ended 31 December 2022

The ILA was impacted significantly by the outbreak of the global pandemic of Covid-19 in 2020 but some of the changes which were introduced as a result, such as the provision of online participation in meetings, have become embedded in the organisation and continued to facilitate increased representation and participation in the ongoing work of the ILA. The first IL4 Diversity and Inclusion Officer IDIOI was appointed in November 2022. They will hold the post for 4 years and be responsible for working with the Branches on the implernentation of the ILA Diversity. Equ31ity and Inclusion Policy amongst other thing5. The ILA also adopted several operational employment policies in accordance with the standard practice of other similar associations. The 80th Biennial International Law Conference wa5 held in Lisbon, Portugal. from 19- 24 June 2022. The conference wa5 a great success and marked a symbolic return to 'in-person' events following the pandemic. A total of seven Resolutions were adopted and many of the ILA Cornmittees presented final and interim report5 on their work over the last two year5. Planning has also continued throughout 2022 for several events and activities to mark the ILA'S 150 Anniversary in 2023. A series of online webinars will be held throughout the year together with a Symposium in Paris, France, in June 2023. The first stage of a strategic review of the organisation of ILA biennial international law conferences was concluded in November 2022 with the 3doption of sever31 recommendations relating to the overall organisation, finance and programme for future event5. Work on reviewing the ILA Committee Rule5 and Guidelines120151 was initiated in 2022. Thi5 work is ongoing and it is anticipated that it will culminate in an updated version in late 2023. Significant work on the update and replacement of the ILA website and database was completed in April 2022. The changes have improved access and information for members as well as providing additional administrative functionality for Branches enabling them to better manage their membership. Various ILA Branches, Committees and Study Groups arranged activities, including meetings to review the latest development5 in Specific areas of international law and finalise the drafting of ILA Cornmittee Report5 and Resolutions for the Lisbon conference. Most of these meetings were held remotely and it is a testament to the strength of the ties between members of the ILA that de5Plte the current geo-political and economic challenges acr055 the world. the substantive work of the a550ciation ha5 continued. The ILA Egypt Br3nch was closed in November 2022. Finances The attached accounts show the current state of finance5 which the Officers consider taking, one year with another, to be sound. The accounting treatment changed in 2020 from the previous cash basis to an accrual's basis. This was 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 3ccounting year. the Officers have elected that the accounts be 'examined' rather than '3udited', giving rise to a considerable saving in professional fees. Banking 5ervice5 are provided by.. HSBC, 39 Tottenham Court Road, London, WIT 2AR 2. CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Mallin& Kent ME19 4JQ. ILA Pollcy on Flnanclal ReseNes 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 5ignific311t fluctuation5 over the year5. As the expenditure in re13tion to the level of 5ervice5 is already rninirnal, 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. Professor Christine Chinkin Chalr, International Law Association October 2023

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 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:

a) select suitable accounting policies and apply them consistently;
b) observe the methods and principles in the applicable Charities SORP;
c) make judgements and estimates that are reasonable and prudent;
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;
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.

INTERNATIONAL LAW ASSOCIATION

INDEPE

Report of the Independent Examiner to the Trustees

on the accounts of the Charity for the year ended 31[st] December 2022

I report on the accounts of the Association for the year ended 31[st] December 2022 that are set out on pages 5 to 12.

Respective responsibilities of trustees and examiner

The ch sponsible for the preparation of the accounts. nsider 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:

examine the accounts under section 145 of the Charities Act;
to follow procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
to state whether particular matters have come to my attention.

Basis of independent e

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 the report is limited to those matters set out in the statement below.

Independent

In the course of my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:
proper accounting records are kept in accordance with section 130 of the Charities Act; and
accounts are prepared that agree with the accounting records and comply with the accounting requirements of the Charities Act; or
(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 TG Associates Ltd Chartered Accountants 7 Jardine House Harrovian Business Village Bessborough Road Harrow HA1 3EX

31[st] October 2023

INTERNATIONAL LAW ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31[st ] DECEMBER 2022

Unrestricted Funds £ Restricted Fund £ Incoming Resources Subscriptions 126,679 - Sales Publications 12,650 - Deposit interest Contribution towards administration Conference income Royalties ILA Scholarship Fund Other income 135 3,500 - 3,993 - 30 20,308 - - - - - - - Total Incoming Resources Deduct: Total Expenditure(Page 6) Net Surplus(Deficit) for the year Total funds brought forward Total funds carried forward 146,987 140,541 6,446 214,034 220,480 - 14,217 (14,217) 51,932 37,715		Total 2022 £ 126,679 12,650 135 3,500 - 3,993 - 30 20,308 146,987 154,758 (7,771) 265,966 258,195	Total 2021 £ 129,685
			- 9 3,000 - 6,070 - 725
			9,804
			139,489 110,905
			28,584 237,382
			265,966

There were no recognised gains or losses for 2022 or 2021 other than those included in the Statement of Financial Activities.

All amounts relate to continuing activities.

The notes on pages 8 to 12 form an integral part of these accounts

INTERNATIONAL LAW ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31[st ] DECEMBER 2022

Unrestricted Funds £ Restricted Fund £ Expenditure Direct Charitable Expenditure: Conference report distribution ILA Scholarship Fund - - - - - - Staff Costs: Administrative salary, bookkeeping and secretarial services Pension costs 66,406 4,600 71,006 - - - Management and Administration: Rent and rates Insurance Postage, stationery and photocopying Telephone, fax and internet Website support, licence and consultancy Legal and professional Accou Executive Council functions and meetings Conference expenses Office and sundries expenses and travel Contributions to 150thanniversary conference Bank and credit card charges Bad Debts Depreciation 7,901 1,580 11,557 1,315 12,216 3,304 4,980 4,671 1,617 888 2,996 6,445 2,333 7,732 - 69,535 - - - - - - - - 14,217 - - - - - - 14,217 Total Expenditure 140,541 14,217	Total 2022 £ - - - 66,406 4,600 71,006 7,901 1,580 11,557 1,315 12,216 3,304 4,980 - 15,834 8,555 - 6,445 2,333 7,732 - 83,752 154,758	Total 2021 £ - - -
		58,894 4,600 63,494 9,150 2,244 316 1,377 5,347 - 5,274 - - 382 - - 1,868 21,453 - 47,411 110,905

INTERNATIONAL LAW ASSOCIATION

BALANCE SHEET AS AT 31[st] DECEMBER 2022

Note Fixed Assets Tangible fixed assets 2 Current Assets Debtors Less: Provision for doubtful debts 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 Approved and signed on behalf of the Executive Council on 19/12/2023	2022 £ 1,726 77,703 29,185 213,395 263,639 5,444 258,195 258,195 220,480 37,715 258,195 (Date).	2021 £ - 47,158 21,453 245,757
		271,462 5,496 265,966
		265,966
		214,034 51,932 265,966

The notes on pages 8 to 12 form an integral part of these accounts.

Professor Dr R Hofmann Hon. Treasurer

1 Accounting Policies

INTERNATIONAL LAW ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31[st ] DECEMBER 2022

(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.

(b) International Law Association meets the definition of a public benefit entity under FRS 102.
(c) Incoming Resources
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.

(d) Expenditure

All expenditure is included in the financial statements on an accruals basis.

(e) Tangible Fixed Assets

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.

(f) Fund Accounting

Funds held by the ILA are: Unrestricted Funds - These are general funds which can be used in accordance with the I aritable objects

Restricted Fund -

ILA Scholarship Fund

This fund has been established to encourage and facilitate younger persons to participate in the work of the ILA

(g) Pension Costs

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.

(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.

INTERNATIONAL LAW ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31[st] DECEMBER 2022

2 Tangible Fixed Assets Website Development costs £ At cost at 1stJanuary 2022 Add: Additions 25,008 Deduct:Depreciation At 1stJanuary 2022 Charge for the year Net book value at 31stDecember 2022 Net book value at 31st December 2021 25,008 - - 25,008 - - 3 Debtors Amounts receivable within one year: Trade debtors Less: Provision for doubtful debts Other debtors Prepayments 4 Creditors Amounts falling due within one year: Other creditors Tax and national insurance Accruals and deferred income	2 Tangible Fixed Assets Website Development costs £ At cost at 1stJanuary 2022 Add: Additions 25,008 Deduct:Depreciation At 1stJanuary 2022 Charge for the year Net book value at 31stDecember 2022 Net book value at 31st December 2021 25,008 - - 25,008 - - 3 Debtors Amounts receivable within one year: Trade debtors Less: Provision for doubtful debts Other debtors Prepayments 4 Creditors Amounts falling due within one year: Other creditors Tax and national insurance Accruals and deferred income	Office Equipment Total £ £ 4,256 1,726 29,264 1,726 4,256 - - 4,256 1,726 - 29,264 - - 29,264 1,726 - 2022 £ 2021 £ 77,703 29,185 - - 48,518 47,158 21,453 - - 25,705 60 - 5,384 5,444 160 - 5,336 5,496

INTERNATIONAL LAW ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31[st] DECEMBER 2022

5 Analysis of Funds Unrestricted funds Restricted fund: ILA Scholarship Fund	At 1st Incoming January Resources 2022 £ £ 214,034 146,987 51,932 265,966 - 146,987	Expen- At 31st diture December £ 2022 £ 140,541 220,480 14,217 154,758 37,715 258,195

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31[st] DECEMBER 2022 6 Branch Subscriptions, Royalties, Publications and Contribution to administration

6 Branch Subscriptions, Royalties, Publications and Contribution to administration (continued)

TOTAL £ 146,822

Following the introduction of UK Government sanctions against Belarus and Russia in 2022, the ILA returned membership fees to these jurisdictions where possible. Where funds were unable to be returned, these are being held until the position changes.