2021-12-31-accounts

	Page
Directors' Report	1-4
Independent Examiner's Report
Statement of Financial Activities
and Income and Expenditure Account
Balance Sheet
Notes to the Financial Statements	8-13

Reference		and administrative	and administrative	and administrative	details
Company	Registration			Number:		739676 (England		and Wales)
Charity Registration			Number:			260942 (England		and Wales)
Registered		Office:				British Poultry	Science Limited
						International	House
						61 Mosley Street
						Manchester
						M2 3HZ
Business Address:						Roslin Institute
						University of	Edinburgh
						Easter Bush,	Midlothian
						EH25 9RG
independent		Examiner:				Matthew Stiuthers		BACA
						Henderson Black		&Co
						22 Crossgate
						Cupar
						Fife
						KY155HW
Bankers:						Bank of Scotland
						Teviot House
						41 South Gyle Crescent
						Edinburgh
						HSBC pic
						City Office
						PO Box85
						Cambridge

					Unrestricted
					and
			Unrestricted	Total funds	Total funds
			funds
			2021	2021	2020
		Notes	8	K	K
Income from:
Charitable activities
Royalties and commission			70,291	70,291	69,106
Contributons towards costs			7,803	7,803	5,010
Investment income
Dividends received			8,900	8,900	8,058
Bank interest received				9	89
Total income		13	87,003	87,003	82,263
Expenditure on:
Charitable activities
Grants and donations			5,900	5,900	15,191
Other charitable	expenditure		59,060	59,060	52,920
Total expenditure		13	64,960	64,960	68,111
Net income/(expenditure)	before gains and losses
on investments			22,043	22,043	14,152
Net gain /(loss) on investments			22,085	22,085	(34,651)
Net income/(expenditure)	and net movement
in funds			44,128	44,128	(20,499)
Reconciliation offunds:
Total funds brought forward			394,706	394,706	415,205
Total funds carried forward			438,834	438,834	394,706

							2021		2020
						Notes	f		8
	Fixed assets
	Tangible assets							5		5
	Investments							187,159		165,074
								187,164		165,079
	Current assets
	Debtors					10	46,291		45,352
	Cash at bank	and	in	hand			207,089		185,694
							253,380		231,046
	Creditors: amounts			falling due within
	one year						(1,710)		(1,419)
	Net current assets							251,670		229,627
	Total assets	less	current		liabilities			438,834		394,706
	Funds ofthe	charity
	Unrestricted	funds
	Fair value reserve							96,039		73,954
jg	General fund							342,795		320,752
	Members' funds					12		438,834		394,706

6	Net income			2021	2020
					6
	Net income is stated after charging:
	Honoraria for 1 director (2020 - 1 director)			650	630
	(f650to G K Baggott, 2020 - 6630to G K Baggott).
	Loss on disposal oftangible assets				(6)
	Joint editors honoraria, fees, travel	and computer software expenses		19,309	16,817
	Company Secretary/Administrator	fees and expenses (post, stationery	and	21,510	20,808
	and travel)
	Independent examiner's fee			1,295	1,270

Tangible fixed assets	Fixtures,	Fixtures
	fittings and	fittings and
	equipment	equipment
	2021	2020
	6	6
Cost or valuation
At 1 January 2021	2,162	6,381
Disposals		(4,219)
At 31 December 2021	2,162	2,162
Depreciation
At 1 January 2021	2,157	6,370
On disposals		(4,213)
At 31 December 2021	2,157	2,157
Net book value
At 31 December 2021
At 31 December 2020

Listed investments	2021	2020
	6	6
Market value
At 1 January 2021	165,074	199,725
Net gain/(loss) on revaluation	22,085	(34,651)
At 31 December 2021	187,159	165,074
Investments at fair value
At 31 December 2021	187,159	165,074

10	Debtors		2021	2020
				6
	Trade debtors		46,291	45,106
	Other taxes and social security costs
	Prepayments			246
			46,291	45,352
11	Creditors: amounts	falling due within one year	2021	2020
			6
	Trade creditors		288
	Taxation and social	security	273	267
	Accruals		1,149	1,152
			1,710	1,419

12	Reconciliation ofmovements	Reconciliation ofmovements	in members'	in members'	funds	2021	2020
						E
	Net movement in funds					44,128	(20,499)
	Net addition to/(depletion	in) members'		funds		44,128	(20,499)
	Opening members' funds					394,706	415,205
	Closing members' funds					438,834	394,706

13	Detailed income and expenditure	Detailed income and expenditure	Detailed income and expenditure	Detailed income and expenditure	account
								2021		2020
								E	6	E
	Income
	Royalties and commission							70,291		69,106
	Conference contribution							2,010		2,010
	Travel contribution							3,000		3,000
	Abstracts contribution							2,000
	Open access contribution							793
	Investment income							8,900		8,058
	Bank interest							9		89
	Total income							87,003		82,263
	Expenditure
	Grants and donations							5,900		15,191
	Other charitable expenditure:
	Editodal assistant costs						16,240		15,700
	Directors' honoraria						650		630
	Editors' honoraria and fees						19,309		16,817
	Other honoraria						7,850		7,890
	Journal supplement	and on line access fee					5,360		4,536
	Website costs						300		321
	Bank charges						137		167
	Post, stationery and	sundry expenses					49		195
	Business committee	meeting		and subsistence		costs	15		25
	Secretarial and administration			fee			5,255		5,083
	Consultancy						2,500
	Loss/(gain) on fixed assets								6
	Independent examination		fee				1,295		1,270
	Other costs						100		280
								59,060		52,920
	Total expenditure							64,960		68,111
	Surplus							22,043		14,152
14	Control