| Contents | Page No. |
|---|---|
| Trustees' Report | r-4 |
| lndependentExaminer's Report | 5 |
| StatementofFinancialActivities | 6 |
| Balance Sheet | 7 |
| Notestothe Accounts | 8-12 |
| STATEMENTOF FINANCIALACTIVITIES FORTHE YEARENDED31DECEMBER2023 |
|||
|---|---|---|---|
| Notes | 2023 | 2022 | |
| f | € | ||
| lncomingResources | |||
| lncomingResourcesfromgeneratedfunds: Subscriptions lnvestmentincome lncomingResourcesfromcharitable activities: Other incomingresources |
5 6 7 |
L2,544 2,869 7,204 3,453 |
L3,OL7 2,964 4,240 2,365 |
| 26,O7O | 22,586 | ||
| ResourcesExPended | |||
| Costsofgenerating funds Charitable activities Governancecosts |
8 9 10 |
6,428 9,293 11,353 |
3,707 9,267 L2,326 |
| 27,O74 | 25,300 | ||
| Deficitofincomeoverexpenditure | (1,004) | (2,7r41 |
| Notes | 2023 | 2022 | ||
|---|---|---|---|---|
| f | f | |||
| Fixed Assets | ||||
| Tangiblefixedassets | LL | 6L6 | 68s | |
| lnvestments | L2 | L5,634 | L5,634 | |
| L6,250 | T6,3T9 | |||
| CurrentAssets | ||||
| Stock | 95,221 | 97,103 | ||
| Debtors | 13 | L,483 | 1,,004 | |
| Cashatbank andinhand | 27,582 | 31,693 | ||
| L24,286 | L29,800 | |||
| Creditors: amountsfallingduewithinoneyear | L4 | (9,592) | (L4,L7Ll | |
| Net CurrentAssets | LL4,694 | LLs,629 | ||
| NetAssets | L30,944 | L3L,948 | ||
| Representedby: | ||||
| Funds | 15 | L30,944 | L3L,948 |
| 5 | lnvestmentincome | ||
|---|---|---|---|
| 2023 | 2022 | ||
| f | f | ||
| Listedinvestments | 2,969 | 2,964 | |
| 6 | lncomingresourcesfromcharitable activities | ||
| 2023 | 2022 | ||
| f | f | ||
| Salesofpublications | 6,744 | 3,796 | |
| RoyaIties | 4L8 | 41,4 | |
| Salesofjournals | 42 | 30 | |
| 7,204 | 4,240 | ||
| 7 | Other incomingresources | ||
| 2023 | 2022 | ||
| f. | f. | ||
| Donations | 2,335 | 2,034 | |
| Otherincome | L,LL8 | 33L | |
| 3,453 | 2,365 | ||
| I | Costsof generating funds | ||
| 2023 | 20?,2 | ||
| f | f | ||
| Costofpublicationssold | 4,226 | L,840 | |
| Productionofjournal | 2,L00 | 2,000 | |
| Underl(over)provisionforproduction journal | LO2 | (133) | |
| 6,428 | 3,707 |
| 9 | Charitableactivities | |||||
|---|---|---|---|---|---|---|
| 2023 | 2422 | |||||
| f | f | |||||
| Publicationsofficer | 6,877 | 7,009 | ||||
| Research costs | 2,166 | 2,158 | ||||
| Essayprizes | 250 | 100 | ||||
| 9,293 | 9,267 | |||||
| 10 | Governancecosts | |||||
| 2023 | 2022 | |||||
| f | f | |||||
| Administrator | 6,877 | 7,009 | ||||
| Accountaflcy,auditand management | 2,950 | 2,380 | ||||
| OfficecostS,ffiaintenanceandtravel | 1,360 | 2,816 | ||||
| Baddebts | 97 | 44 | ||||
| Depreciation | 69 | 77 | ||||
| 11,353 | 12,326 | |||||
| 11 | Tangiblefixedassets | Office | Furniture | |||
| Machinery ff |
&Fixtures | Library f |
Total f |
|||
| Cost | ||||||
| At1January 2023and 31 December20?3 | 29,37 | 6 | 1',426 | 7,245 | 38,047 | |
| Depreciation | ||||||
| At1 January2023 | 29,376 | 1,416 | 6,570 | 37,362 | ||
| Chargeforyear | L | 68 | 69 | |||
| At 3L December 2023 | 29,37 | 6 | L,4L7 | 6,638 | 37,43L | |
| Net book value | ||||||
| At31Decernber2023 | 607 | 616 | ||||
| At 31 December 2022 | 10 | 675 | 685 |
| lnvestments | ||
|---|---|---|
| 2023 | 2022 | |
| f | f | |
| Listedshares | !3,634 | 13,634 |
| OIofvonFeilitzenCollection | 2,000 | 2,000 |
| 15,634 | 1"5,634 |
| Debtors | ||
|---|---|---|
| 2023 | 2022 | |
| f | f | |
| Tradedebtors | 430 | 493 |
| Sundrydebtors | 468 | 511 |
| Prepayments | s8s | |
| 1,,483 | 1,004 | |
| Creditors: amountsfallingduewithinone year | ||
| 2023 | 2022 | |
| f | f | |
| Creditors and accruedexpenses Subscriptions received inadvance |
5,771 344 |
7,517 t,}tt |
| Deferred income | 3,477 | 5,643 |
| 9,592 | 14,171. |
| Funds | ||||
|---|---|---|---|---|
| Balanceat | Balanceat31 | |||
| lJanuary 2023 |
lncoming Resources |
ResourcesDecember Expended 2023 |
||
| ff | ff | |||
| RestrictedfundFairfield Trust | (3,ooo) | (3,ooo) | ||
| U nrestrictedgeneraIfund | L34,948 | 26,070 | (27,074) | L33,944 |
| L31,948 | 26,070 | (27,074) | !30,944 |
| Net | ||||
|---|---|---|---|---|
| Balanceat | lncomingl | Balanceat31 | ||
| 1January | (Ougoing) | December | ||
| 2023 | Resources | Transfer | 2023 |
|
| ff | ff | |||
| ProvisionofPublications | 40,241 | L2,544 | 52,785 | |
| Remainderofunrestricted fund | 94,707 | (1,004) | (!2,544) | 81,159 |
| 134,948 | (1,004) | !33,944 |
| AnalysisofNetAssetsBetweenFunds | |||
|---|---|---|---|
| U nrestrictedRestricted | |||
| Funds | Funds | Total | |
| ff | f | ||
| Fixedassets | 1"6,250 | 16,254 | |
| Currentassets | !24,286 | 124,286 | |
| Creditors: amounts falling duewithinoneyear | (6,592) | (3,000) | (9,592) |
| 133,944 | (3,000) | 130,944 |