||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|
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|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|||
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||||||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|
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||||||||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|
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|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|
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|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|||
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|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|
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|---|---|---|---|---|
|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|
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|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||||||||||