| Page | ||
|---|---|---|
| Reportofthe Trustees | to29 | |
| Reportofthe IndependentAuditors | 30 | to33 |
| StatementofFinancial Activities | 34 | |
| StatementofFinancial Position | 35 | to36 |
| StatementofCash Flows | 37 | |
| Notes to the StatementofCash Flows | 38 | |
| Notes to the Financial Statements | 39 | to51 |
| Detailed StatementofFinancial Activities | 52 | to53 |
- Useofpost-nominal letters. - Access to BINDT's Education and Professional Developm complementing/enhancing BINDT's Certification proposition. - Access to SINDT recognition and awards. o For organisations, this includes: - Membership Certificate (demonstrating commitment). |
|
|---|---|
| - Useoflogo on stationery. | |
| - Identification as part of a well-respected cohort. | |
| - Access to SINDT recognition and rewards. | |
| • | Business Benefits: |
| o For individuals and organisations, this includes: | |
| - Networking. | |
| - Professional Indemnity Insurance referral. | |
| - Legal helpline. | |
| • | Information Exchange: |
| o For individuals, this includes: | |
| - Insight, NDT News, IJCM and Condition Monitor. | |
| - Yearbook and Branch Booklet. | |
| - Conferences, symposia, seminars, workshops. | |
| - Members' areaonwebsite. | |
| - Branch meetings. | |
| o For organisations, this includes: | |
| - Exhibitions. | |
| - Entryinthe Yearbook. | |
| • | Leadership: |
| o For individuals, this includes: | |
| - Participationinthe governance of SINDT. | |
| - Participationinthe workofSINDT (committees/work groups). | |
| - Personal professional development arising from participation. | |
| o For organisations, this includes: | |
| - Influence the governanceofSINDT | |
| - Influence the workofSINDT. | |
| - Outlet for 'Thought Leadership' - improve standinginthe marketplace. | |
| • | Discounts: |
| o For individuals, this includes: | |
| - Conferences. | |
| - Books. | |
| o Fororganisations, this includes exhibitions. |
| IAward | IPurpose |
|---|---|
| LifetimeAchievement | Torecognise the valuable and extensive contribution to the British |
| Award | Institute of NDT and the wider NDT/CM communitybyanindividual who |
| has spent mostofhis/her careerinNDT/CM and who has beenan | |
| active memberofthe Institute foranextensive periodoftime. | |
| PersonalContribution | Torecognise a valuable and extensive personal contribution to the |
| Award | British Institute of NDT and the wider NDT/CM community byan |
| individual who has beenanactive memberofthe Institute foran | |
| extensive periodoftime, in which they have contributed and influenced | |
| the wellbeing of the Institute. | |
| The Roy Sharpe Prize | For a significant contribution through research and developmentinany |
| branch of NDT to the benefitofindustry or society. | |
| TheAnneBirtAward | For a significant contribution to technology innovation, technology |
| transfer or technology strategyinthe field ofNDT. | |
| The Nemet Award | Foranoutstanding contribution to the practiceofNDT (byanindividual). |
| The Hugh MacColl | For a distinguished contribution byanindividual to the teaching or |
| Award | training of NDT orCM. Nomination required. This should show the |
| contribution to the teaching or trainingofNDT orCM. | |
| Aerospace Award | Torecognise significant contributions to the NDT/CM community within |
| the aerospace sector. | |
| The John Grimwade | For the best paper publishedinBINDT's NDT Journal_'Insight'_inthe |
| Medal | preceding year. |
| The Ron Halmshaw | For the best paper on radiography publishedin_Insight_inthe preceding |
| Award | year. |
| The BINDT Annual | An informal award presented at the endofthe NDT Annual Conference | |
|---|---|---|
| NDT Conference Paper | for the best paper publishedinthe conference Proceedings. | |
| Award | ||
| The William Gardner | For the best paperinthe Proceedingsofthe NDT Annual Conferenceby | |
| Award | a student or personinthe early stages (first five years) of their career. | |
| Practitioner Award | Torecognise outstanding achievementinthe learning, sharingor | |
| executionofNDT orCMpracticebya BINDT member. | ||
| The Tony Lager Award | For meritorious service to an Institute Branch by an individual. | |
| Branch Service Award | For an outstanding contribution to Branches. | |
| The T H Cole Award | For the Institute Branch with the best percentage increasein | |
| membership during the preceding year. | ||
| The Jim Cottier Travel | Toaid the professional developmentofa young BINDT member by | |
| Scholarship | attending an overseas conference. | |
| Annual NDT | Toencourage attendance at the BINDT Annual Conferences by | |
| Conference Travel and | contributors from foreign nations. | |
| Attendance Award/ | ||
| Annual CM | ||
| Conference Travel and | ||
| Attendance Award | ||
| (One per conference) | ||
| The COMADIT Prize | For a significant contribution through research and developmentinany | |
| branch of condition monitoring to the benefit of industry or society. | ||
| CM Innovation Award | For a significant contribution to technology innovation, technology | |
| transfer or technology strategyinthe field ofCM. | ||
| f | ||
| The Len Gelman | For the best paperinthe Proceedingsofthe CM Annual Conference by | |
| Award | a student or personinthe early stages (first five years)oftheir career. | |
| The Roger Lyon | Inrecognitionofthe outstanding achievementofa NDT Apprentice who | |
| Apprentice of the Year | has successfully completed their end-point assessment through BINDT. | |
| Award | ||
| The Gail Long Early | Torecognise the contribution to N DT/CM or the wider engineering | |
| Career Women | communityofwomenintheir early career. | |
| Engineer of the Year |
| 18Novembef2022 | |
|---|---|
| Valuation,-portforBritish InstituteofNon-Destructive Testing SINDT | ClientN..-1001735110 |
| Yaluation period18November2021to18 November 2022 | |
| (£) | |
| Openingva'ueofClienl Portfoko | &05,540.!M |
| Cashpaidin | 0.00 |
| cashpaidout | 0.00 |
| Transfer.; in and/or out(re-registration) | 0.00 |
| Changeinvalueofassets | -26,591.02 |
| lnlerest | 0.33 |
| DividendsandIncomeDistribution | 0.00 |
| PtattormCha!ges | -1,866.57 |
| Produd Providerc:hafges | 0.00 |
| Financial Adviser Charges | -5,333.04 |
| Othercharges | 0.00 |
| Closong ValueofChent Portfoloo | 571,750.64 |
| Net rateofreturn(annualised figures) | -5.58%(-5.57%) |
| Gross rateofreturn (annualisedfigures) | -4.42%(-4.41%) |
| • Editorial articles relating to NDT/CM/SHM and SINDT were writtenin-houseandcirculated. |
|---|
| • Promotionofall Institute events continued, with advertising artwork, web content, mailshots, press |
| releases and social media posts. Programmes and relevant information were also shared through the SINDT |
| Events App. |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Charitable activities | 3 | ||||
| Membership and registration | 333,086 | 333,086 | 290,611 | ||
| Certification | 2,650,792 | 2,650,792 | 2,073,375 | ||
| Publishing and marketing | 107,893 | 107,893 | 108,817 | ||
| Conferences and events | 336,975 | 336,975 | 25,555 | ||
| Investment income | 2 | 57,630 | 57,630 | 56,475 | |
| Total | 3,486,376 | 3,486,376 | 2,554,833 | ||
| EXPENDITURE ON | |||||
| Raising funds | 4 | 7,791 | 7,791 | 7,805 | |
| Charitable activities | 5 | ||||
| Membership and registration | 214,692 | 3,324 | 218,016 | 207,505 | |
| Certification | 1,823,123 | 1,823,123 | 1,735,015 | ||
| Publishing and marketing | 540,790 | 540,790 | 500,582 | ||
| Conferences and events | 382,984 | 382,984 | 98,432 | ||
| European&international affairs | 15,942 | 15,942 | 898 | ||
| Total | 2,985,322 | 3,324 | 2,988,646 | 2,550,237 | |
| Net gains/(losses)oninvestments | (34,613) | (34,613) | 65,712 | ||
| NET INCOME/(EXPENDITURE) | 466,441 | (3,324) | 463,117 | 70,308 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 3,137,133 | 10,993 | 3,148,126 | 3,077,818 | |
| TOTAL FUNDS CARRIED FORWARD | 3,603,574 | 7,669 | 3,611,243 | 3,148,126 |
| 31DECEMBER 2022 | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 11 | 1,641,643 | 1,641,643 | 1,690,866 | |
| Investments | 12 | 562,603 | 562,603 | 604,861 | |
| 2,204,246 | 2,204,246 | 2,295,727 | |||
| CURRENT ASSETS | |||||
| Stocks | 13 | 48,664 | 48,664 | 55,309 | |
| Debtors | 14 | 669,217 | 669,217 | 523,013 | |
| Cash at bank andinhand | 1,142,562 | 7,669 | 1,150,231 | 722,219 | |
| 1,860,443 | 7,669 | 1,868,112 | 1,300,541 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 15 | (461,115) | (461,115) | (448,142) | |
| NET CURRENT ASSETS | 1,399,328 | 7,669 | 1,406,997 | 852,399 | |
| TOT AL ASSETS LESSCURRENT | |||||
| LIABILITIES | 3,603,574 | 7,669 | 3,611,243 | 3,148,126 | |
| NET ASSETS | 3,603,574 | 7,669 | 3,611,243 | 3,148,126 | |
| FUNDS | 17 | ||||
| Unrestricted funds | 3,603,574 | 3,137,133 | |||
| Restricted funds | 7,669 | 10,993 | |||
| TOTAL FUNDS | 3,611,243 | 3,148,126 |
| 2022 | 2021 | |
|---|---|---|
| Notes | £ | £ |
| Cash flows from operating activities | ||
| Cash generated from operations | 458,859 | 72,906 |
| Net cash provided by operating activities | 458,859 | 72,906 |
| Cash flows from investing activities | ||
| Purchaseoftangiblefixed assets | (38,493) | (17,665) |
| Saleoffixed asset investments | 7,645 | 7,803 |
| Interest received | 1 | |
| Net cash usedininvesting activities | (30,847) | (9,862) |
| Changeincash and cash equivalents | ||
| inthe reporting period | 428,012 | 63,044 |
| Cash and cash equivalents at the | ||
| beginning of the reporting period | 722,219 | 659,175 |
| Cash and cash equivalents at the end | ||
| ofthe reporting period | 1,150,231 | 722,219 |
| ACTIVITIES | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Net income for the reporting period (as per the Statement of | ||
| Financial Activities) | 463,117 | 70,308 |
| Adjustments for: | ||
| Depreciation charges | 87,716 | 96,131 |
| Losses/(gain) on investments | 34,613 | (65,712) |
| Interest received | (1) | |
| Decrease/(increase)instocks | 6,645 | (5,515) |
| Increaseindebtors | (146,204) | (131,433) |
| Increaseincreditors | 12,973 | 109,127 |
| Net cash providedbyoperations | 458,859 | 72,906 |
| ANALYSISOFCHANGESINNET FUNDS | |||
|---|---|---|---|
| At1/1/22 | Cash flow | At 31/12/22 | |
| £ | £ | £ | |
| Net cash | |||
| Cash at bank andinhand | 722,219 | 428,012 | 1,150,231 |
| 722,219 | 428,012 | 1,150,231 | |
| Total | 722,219 | 4281012 | 1,150,231 |
| INVESTMENT INCOME | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Rental income | 57,629 | 56,475 |
| Interest receivable | 1 | |
| ~ | 56,475 |
| 2022 | 2021 | ||
|---|---|---|---|
| Activity | £ | £ | |
| Subscriptions | Membership and registration | 218,333 | 218,832 |
| IAQP | Membership and registration | 554 | 3,795 |
| End-Point Assessment | Membership and registration | 114,199 | 63,900 |
| Other income | Membership and registration | 4,084 | |
| Other income | Certification | 2,167 | 1,986 |
| Certification activities | Certification | 2,648,625 | 2,071,389 |
| Journal advertising income | Publishing and marketing | 36,846 | 39,437 |
| Publications advertising | |||
| income | Publishing and marketing | 37,143 | 30,748 |
| Saleofbooks and insignia | Publishing and marketing | 23,150 | 27,060 |
| Journal subscriptions | Publishing and marketing | 10,133 | 11,280 |
| Condition monitor | Publishing and marketing | 621 | 292 |
| Conference and seminar | |||
| receipts | Conferences and events | 328,594 | 23,415 |
| Branch income | Conferences and events | 8,381 | 2,140 |
| 3,428,746 | 2,498,358 |
| Investment management costs | |||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Investment management costs | 7,791 | 7,805 | |
| CHARITABLE ACTIVITIES COSTS | |||
| Support | |||
| Direct | costs (see | ||
| Costs | note6) | Totals | |
| £ | £ | £ | |
| Membership and registration | 177,735 | 40,281 | 218,016 |
| Certification | 1,478,201 | 344,922 | 1,823,123 |
| Publishing and marketing | 528,706 | 12,084 | 540,790 |
| Conferences and events | 342,785 | 40,199 | 382,984 |
| European&international affairs | 15,942 | 15,942 | |
| 2,543,369 | 437,486 | 2,980,855 |
| SUPPORT COSTS | ||||
|---|---|---|---|---|
| Governance | ||||
| Management | Finance | costs | Totals | |
| £ | £ | £ | £ | |
| Membership and registration | 35,248 | 3,223 | 1,810 | 40,281 |
| Certification | 306,168 | 24,818 | 13,936 | 344,922 |
| Publishing and marketing | 10,574 | 967 | 543 | 12,084 |
| Conferences and events | 35,166 | 3,223 | 1,810 | 40,199 |
| 387,156 | 32,231 | 18,099 | 437,486 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Auditors' remuneration | 6,370 | 5,790 |
| Auditors' remuneration for non audit work | 11,729 | 11,948 |
| Depreciation - owned assets | 87,716 | ~ |
| STAFF COSTS | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Wages and salaries | 1,158,041 | 1,091,618 |
| Social security costs | 117,716 | 105,249 |
| Other pension costs | 94,864 | 92,246 |
| 1,370,621 | 1,289,113 |
| 2022 | 2021 |
|---|---|
| 36 | 35 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| £ | £ | £ | |
| INCOMEANDENDOWMENTS FROM | |||
| Charitable activities | |||
| Membership and registration | 290,611 | 290,611 | |
| Certification | 2,073,375 | 2,073,375 | |
| Publishing and marketing | 108,817 | 108,817 | |
| Conferences and events | 25,555 | 25,555 | |
| Investment income | 56,475 | 56,475 | |
| Total | 2,554,833 | 2,554,833 | |
| EXPENDITURE ON | |||
| Raising funds | 7,805 | 7,805 | |
| Charitable activities | |||
| Membership and registration | 206,605 | 900 | 207,505 |
| Certification | 1,735,015 | 1,735,015 | |
| Publishing and marketing | 500,582 | 500,582 | |
| Conferences and events | 98,432 | 98,432 | |
| European&international affairs | 898 | 898 |
| 10. | COMPARATIVESFORTHE | STATEMENT | STATEMENT | OFFINANCIAL | ACTIVITIES - continued | ACTIVITIES - continued | |
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| £ | £ | £ | |||||
| Total | 2,549,337 | 900 | 2,550,237 | ||||
| Net gains on investments | 65,712 | 65,712 | |||||
| NET INCOME/(EXPENDITURE) | 71,208 | (900) | 70,308 | ||||
| RECONCILIATION OF FUNDS | |||||||
| Total funds brought forward | 3,065,925 | 11,893 | 3,077,818 | ||||
| TOTALFUNDS CARRIED FORWARD | 3,137,133 | 10,993 | 3,148,126 | ||||
| 11. | TANGIBLE FIXED ASSETS | ||||||
| Presidents | Fixtures | ||||||
| Freehold | chainsof | and | |||||
| property | office | Equipment | fittings | Totals | |||
| £ | £ | £ | £ | £ | |||
| COST | |||||||
| At 1 January 2022 | 1,962,482 | 1,547 | 533,219 | 97,135 | 2,594,383 | ||
| Additions | 38,493 | 38,493 | |||||
| At31December 2022 | 1,962,482 | 1,547 | 571,712 | 97,135 | 2,632,876 | ||
| DEPRECIATION | |||||||
| At 1 January 2022 | 313,587 | 497,009 | 92,921 | 903,517 | |||
| Charge for year | 54,700 | 31,395 | 1,621 | 87,716 | |||
| At31December 2022 | 368,287 | 528,404 | 94,542 | 991,233 | |||
| NETBOOKVALUE | |||||||
| At31December 2022 | 1,594,195 | 1,547 | 43,308 | 2,593 | 1,641 ,643 | ||
| At31December2021 | 1,648,895 | 1,547 | 36,210 | 4,214 | 1,690,866 |
| FIXED ASSET INVESTMENTS | |
|---|---|
| Movement | |
| inmarket | |
| valueof | |
| UK | |
| quoted | |
| investments | |
| £ | |
| MARKET VALUE | |
| At 1 January 2022 | 604,861 |
| Disposals | (7,791) |
| Revaluations | (34,46Z) |
| At31December 2022 | 562,603 |
| NET BOOK VALUE | |
| At 31 December 2022 | 562,603 |
| At31December2021 | 604,861 |
| Analysis of investments between funds | |
| Unrestricted fund | |
| £ | |
| UK equities | 562,601 |
| Non-UK equities | |
| Sharesingroup undertakings | 2 |
| 562,603 |
| 13. | STOCKS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Finished goods | ~ | ~ | |
| 14. | DEBTORS:AMOUNTSFALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Trade debtors | 353,572 | 232,935 | |
| Bad debt provision | (5,000) | (5,000) | |
| Other debtors | (554) | (50) | |
| Prepayments and accrued income | 321,199 | 295,128 | |
| 669,217 | 523,013 | ||
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Trade creditors | 129,790 | 109,988 | |
| Social security and other taxes | 41,552 | 36,167 | |
| **VAT ** | 49 ,402 | 34,864 | |
| Other creditors | 18,818 | 16,207 | |
| Accruals | 98,361 | 83,407 | |
| Deferred income | 123,192 | 167,509 | |
| 461,115 | 448,142 |
| Deferred income | ||||
|---|---|---|---|---|
| Balance at | Balance at31 | |||
| 1 January 2022 | Released | Deferred | December 2022 | |
| £ | £ | £ | £ | |
| Subscriptions | 96,165 | (96,165) | 93,998 | 93,998 |
| Conferences and Events | 71 ,344 | (71 ,344) | 6,964 | 6,964 |
| Audits | 22,230 | 22,230 | ||
| Total | 167,509 | !1671509) | 123,192 | 123,192 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Within one year | .1.Q.Q.QQ | ~ |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Within one year | 47,000 | 47,000 |
| Between one and five years | 39,167 | 86,167 |
| 86,167 | 133,167 |
| MOVEMENTINFUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1/1/22 | infunds | funds | 31/12/22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 3,137,133 | 466,441 | {3,217,643) | 385,931 |
| Contingency fund | 850,000 | 850,000 | ||
| Future projects fund | 726,000 | 726,000 | ||
| Property and other fixed assets fund | 11641,643 | 1,641,643 | ||
| 3,137,133 | 466,441 | 3,603,574 | ||
| Restricted funds | ||||
| Croxson Memorial Fund | 2,810 | 2,810 | ||
| BNC for NOT Fund | 31 | 31 | ||
| Halmshaw Award Fund | 3,860 | (1,151) | 2,709 | |
| The Nemet Award | 4,292 | {2,173) | 2,119 | |
| 10,993 | {3,324) | 7,669 | ||
| TOTAL FUNDS | 3,148,126 | 463,117 | 31611,243 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | infunds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 3,486,376 | (2,985,322) | (34,613) | 466,441 |
| Restricted funds | ||||
| Halmshaw Award Fund | (1,151) | (1,151) | ||
| The Nemet Award | (2,173) | (2,173) | ||
| (3,324) | (3,324) | |||
| TOTAL FUNDS | 3,486,376 | ~2,988,646) | ~34,613) | 463,117 |
| Comparatives for movementinfunds | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At1/1/21 | infunds | 31/12/21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 3,065,925 | 71,208 | 3,137,133 |
| Restricted funds | |||
| Croxson Memorial Fund | 2,810 | 2,810 | |
| BNC for NOT Fund | 31 | 31 | |
| Halmshaw Award Fund | 4,210 | (350) | 3,860 |
| The Nemet Award | 4,842 | (550) | 4,292 |
| 11,893 | (900) | 10,993 | |
| TOTAL FUNDS | 3,077,818 | 70,308 | 3,148,126 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | infunds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 2,554,833 | (2,549,337) | 65,712 | 71,208 |
| Restricted funds | ||||
| Halmshaw Award Fund | (350) | (350) | ||
| The Nemet Award | (550) | (550) | ||
| (900) | {900) | |||
| TOTAL FUNDS | 2,554,833 | !2,550,237) | 65,712 | 70,308 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Investment income | ||
| Rental income | 57,629 | 56,475 |
| Interest receivable | 1 | |
| 57,630 | 56,475 | |
| Charitable activities | ||
| Subscriptions | 218,333 | 218,832 |
| IAQP | 554 | 3,795 |
| Journal advertising income | 36,846 | 39,437 |
| Publications advertising income | 37,143 | 30,748 |
| Saleofbooks and insignia | 23,150 | 27,060 |
| Journal subscriptions | 10,133 | 11,280 |
| Condition monitor | 621 | 292 |
| Conference and seminar receipts | 328,594 | 23,415 |
| End-Point Assessment | 114,199 | 63,900 |
| Other income | 2,167 | 6,070 |
| Certificationactivities | 2,648,625 | 2,071,389 |
| Branch income | 8,381 | 2,140 |
| 3,428,746 | 2,498,358 | |
| Total incoming resources | 3,486,376 | 2,554,833 |
| EXPENDITURE | ||
| Investment management costs | ||
| Investment management costs | 7,791 | 7,805 |
| Charitable activities | ||
| Wages | 1,158,041 | 1,091,618 |
| Social security | 117,716 | 105,249 |
| Pension costs | 94,864 | 92,246 |
| Other staff benefits | 34,190 | 35,658 |
| Journal production costs | 150,582 | 153,620 |
| Publication costs | 112,561 | 110,596 |
| Website/electronic publishing | 43,883 | 29,589 |
| Cost of books and insignia | 15,250 | 15,035 |
| Conference expenses | 211,792 | 14,266 |
| Branch costs | 9,252 | 2,860 |
| European and international affairs | 15,942 | 898 |
| Carried forward | 1,964,073 | 1,651,635 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Brought forward | 1,964,073 | 1,651 ,635 |
| UKAS fees | 8,525 | 15,092 |
| PCN audit fees | 133,782 | 127,378 |
| PED Solution project costs | 20,210 | 84,384 |
| Awards | 16,970 | 4,765 |
| Other certification services | 316,787 | 219,291 |
| Legal costs | 12,750 | 4,258 |
| Staff costs | 27,548 | 5,414 |
| Marketing | 5,576 | 3,400 |
| Meeting expenses | 10,355 | 3,666 |
| Staff training | 8,599 | 6,791 |
| End-Point Assessment costs | 18,194 | 15,186 |
| 2,543,369 | 2,141,260 | |
| Support costs | ||
| Management | ||
| Telephone | 14,725 | 16,882 |
| Postage and stationery | 40,264 | 38,756 |
| Sundry expenses | 18,640 | 17,797 |
| Computer costs | 129,545 | 110,736 |
| Bad debts | (4,425) | (1,575) |
| Premises, facilities and insurance costs | 100,691 | 76,944 |
| Depreciation | 87,716 | 96,131 |
| 387,156 | 355,671 | |
| Finance | ||
| Bank charges | 32,231 | 27,763 |
| Governance costs | ||
| Auditors' remuneration | 6,370 | 5,790 |
| Auditors' remuneration for non audit work | 11,729 | 11,948 |
| 18,099 | 17,738 | |
| Total resources expended | 2,988,646 | 2,550,237 |
| Net income before gains and losses | 497,730 | 4,596 |
| Realised recognised gains and losses | ||
| Realised gains/(losses) on fixed asset | ||
| investments | (34,613) | 65,712 |
| Net income | 463,117 | 70,308 |