2021-08-31-accounts

						Page
Reference	and administrative		details ofthe Company,	its Trustees	and advisers	02
Trustees' report
Report	ofthe President					03-04
Report	ofthe Council					05-12
Independent	auditors'	report on the financial statements				13 - 15
Statement	of financial	activities				16
Balance sheet						17 - 18
Notes to the financial		statements				19-31

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
		Note	F
Income from:
Donations and legacies				254,403	254,403	255,192
Charitable activities				115,038	115,038	131,191
Investments				10	10	149
Other income				32,145	32,145	52,729
Total income				401,596	401,596	439,261
Expenditure on:
Charitable activities				497,204	497,204	453,213
Other expenditure				343	343	8,089
Total expenditure				497,547	497,547	461,302
Net movement in funds before other
recognised gains				(95,951)	(95,951)	(22,041)
Other recognised	gains:
Gains on revaluation	offixed assets					3,499,999
Net movement in funds				(95,951)	(95,951)	3,477,958
Reconciliation offunds:
Total funds brought	forward		27,439	3,498,326	3,525,765	47,807
Net movement in funds				(95,951)	(95,951)	3,477,958
Total funds carried	forward		27,439	3,402,375	3,429,814	3,525,765

						2021		2020
				Note		E
Fixed assets
Tangible assets				14		3,510,498		3,512,567
						3,510,498		3,512,567
Current assets
Stocks					6,311		4,423
Debtors				15	40,121		41,457
Cash at bank and	in hand				44,562		97,374
					90,994		143,254
Creditors: amounts	falling due within		one
year				16	(92,371)		(40,761)
Net current liabilities		Iassets				(1,377)		102,493
Total assets less	current liabilities					3,509,121		3,615,060
Creditors: amounts	falling due after		more
than one year				. 17		(79,308)		(89,295)
Net assets, excluding		pension asset				3,429,813		3,525,765
Total net assets						3,429,813		3,525,765
Charity funds
Restricted funds				18		27,439		27,439
Unrestricted funds				18		3,402,374		3,498,326
Total funds						3,429,813		3,525,765

				Unrestricted	Total	Total
				funds	funds	funds
				2021	2021	2020
				E	E	E
Donations
Donation	and		gifts	35,006	35,006	17,405
Tax recovered			by Deeds of Covenant	21,456	21,456	20,043
Membership		subscriptions		194,503	194,503	216,098
Subtotal	detailed disclosure			250,965	250,965	253,546
Donations				681	681
Government		grants		2,757	2,757	1,646
Subtotal				3,438	3,438	1,646
				254,403	254,403	255,192
Total 2020				255,192	255,192

						Unrestricted	Total	Total
						funds	funds	funds
						2021f	2021	2020
	Publications		and events			115,038	115,038	131,191
	Total 2020					131,191	131,191
5.	Investment		income
						Unrestricted	Total	Total
						funds	. funds	funds
						2021	2021	2020
	Interest received					10	10	149
	Total 2020					149	149
6.	Other income
					Restricted	Unrestricted	Total	Total
					funds	funds	funds	funds
					2021	2021	2021	2020
	Corporate	sponsorship				500	500	240
	Rental income					18,902	18,902	41,574
	Library funds							4,130
	Sale of bought			in goods		12,743	12,743	6,786
						32,145	32,145	52,730
	Total 2020				4,130	48,600	52,730

			Unrestricted
			funds	Total	Total
			2021	2021	2020
				E	E
	Publications	and events	241,280	241,280	214,720
	Medals and	awards	1,000	1,000	(1,000)
	Other support costs		254,924	254,924	239,493
			497,204	497,204	453,213
	Total 2020		453,213	453,213
8.	Other expenditure

				Unrestricted	Total	Total
				funds	funds	funds
				2021	2021f	2020
	Costs of	good sold		343	343	8,089
	Total 2020			8,089	8,089
9.	Analysis	ofexpenditure	by activities

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2021 f.	2021f	2021	2020
Publications	and events	241,280		241,280	214,720
Medals and	awards	1,000		1,000	(1,000)
Other costs			254,924	254,924	239,493
		242,280	254,924	497,204	453,213
Total2020		213,720	239,493	453,213

						Total	Total
					Other costs	funds	funds
					2021	2021	2020f
	Staff costs				166,880	166,880	156,276
	Depreciation				3,518	3,518	4,262
	Premise expenses				51,491	51,491	40,572
	Communications				12,685	12,685	6,751
	Advertising and promotion				1,823	1,823	190
	Sundry expenses				1,204	1,204	454
	Bank charges				4,365	4,365	5,475
	Legal and professional				62	62	10,178
	Bad debts				6,350	6,350	400
	Audit fees				2,400	2,400	2,400
	Accountancy fees				3,790	3,790	9,510
	BID Levy				6,809	6,809
	Foreign exchange				(4,742)	(4,742)	7
	IAF subscription	fees			(1,711)	(1,711)	3,018
					254,924	254,924	239,493
	Total 2020				239,493	239,493
10.	Auditors' remuneration
						2021	2020f
	Fees payable to	the Company's	auditor		for the audit ofthe Company's
	annual accounts					2,400	2,400
	Fees payable to	the Company's	auditor		in respect of:
	All non-audit services not included			above		1,500	1,500

Staff costs
							2021f	2020 f'
Wages and	salaries						152,495	138,117
Social security costs							10,123	8,215
Contribution	to defined	contribution		pension	schemes		4,262	9,944
							166,880	156,276
The average	number	of persons	employed		by the Company	during the	year was as follows:
							2021	2020
							No.	No.

	Freehold	Fixtures and
	property	fittings	Total
		F	E
Cost or valuation
At 1 September 2020	3,864,225	183,791	4,048,016
Additions		1,449	1,449
At 31 August 2021	3,864,225	185,240	4,049,465
Depreciation
At 1 September 2020	364,225	171,224	535,449
Charge for the year		3,518	3,518
At 31 August 2021	364,225	174,742	538,967
Net book value
At 31 August 2021	3,500,000	10,498	3,510,498
At 31 August 2020	3,500,000	12,567	3,512,567

15.	Debtors		FOR THE YEAR ENDED 31 AUGUST 2021
				2021	2020
				E
	Due within one year
	Trade debtors			17,837	10,799
	Other debtors			12,197
	Prepayments	and accrued income		10,087	30,658
				40,121	41,457
16.	Creditors: Amounts		falling due within one year
				2021	2020
				E	E
	Bank loans			6,430	4,522
	Other loans			40,000
	Trade creditors			18,238	17,055
	Other taxation	and social security		3,769	3,735
	Accruals and	deferred	income	23,934	15,449
				92,371	40,761
17.	Creditors: Amounts		falling due after more than one year
				2021f	2020
	Bank loans			79,308	89,295

				Balance at 1			Balance at
				September			31 August
				2020	Income	Expenditure	2021
				E	E	E	E
Unrestricted	funds
General Funds - all		funds		(1,673)	401,595	(497,547)	(97,625)
Revaluation	reserve			3,499,999			3,499,999
				3,498,326	401,595	(497,547)	3,402,374
Restricted funds
LJ Carter Memorial		Fund		22,295			22,295
Library Fund				5, 144			5,144
				27,439			27,439
Total of funds				3,525,765	401,595	(497,547)	3,429,813
Statement offunds		- prior year
			Balance at				Balance at
			1 September			Gains'	31August
			2019	Income	Expenditure	(Losses)	2020
			E	E	E	E
Unrestricted	funds
General Funds - all		funds	24,498	435,131	(461,302)		(1,673)
Revaluation	reserve					3,499,999	3,499,999
			24,498	435,131	(461,302)	3,499,999	3,498,326
Restricted funds
LJ Carter Memorial		Fund	22,295				22,295
Library Fund			1,014	4,130			5,144
			23,309	4,130			27,439
Total offunds			47,807	439,261	(461,302)	3,499,999	3,525,765

					Balance at 1			Balance at
					September			31 August
					2020f	Income F	Expenditure F	2021
General	funds				3,498,326	401,595	(497,547)	3,402,374
Restricted		funds			27,439			27,439
					3,525,765	401,595	(497,547)	3,429,813
Summary		offunds	- prior year
				Balance at				Balance at
				1 September			Gains!	31August
				2019	Income	Expenditure	(Losses)	2020
General	funds			24,498	435,131	(461,302)	3,499,999	3,498,326
Restricted		funds		23,309	4,130			27,439
				47,807	439,261	(461,302)	3,499,999	3,525,765

Analysis	of n	et assets between funds -current	year
			Restricted	Unrestricted	Total
			funds	funds	funds
			2021 E	2021f	2021 E
Tangible	fixed	assets		3,510,498	3,510,498
Current	assets		27,439	63,555	90,994
Creditors	due	within one year		(92,371)	(92,371)
Creditors	due	in more than one year		(79,308)	(79,308)
Total			27,439	3,402,374	3,429,813

Analysis	of n	et assets between funds - prior ye	ar
			Restricted	Unrestricted	Total
			funds	funds	funds
			2020	2020	2020
Tangible	fixed	assets		3,512,567	3,512,567
Current	assets		27,439	115,815	143,254
Creditors	due	within one year		(40,761)	(40,761)
Creditors	due	in more than one year		(89,295)	(89,295)
Total			27,439	3,498,326	3,525,765