ACTION ON SMOKING AND HEALTH
(A company limited by guarantee and not having a share capital)
Company No. 00998971
Charity No. 262067
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2021

CONTENTS
Trustees, Report and Charity Info￿ation
Pages1 11
Independent Examiner's R8POrt
Pages 12
Slalement of financial activities
Page 13
Balance sheet
Page 14
Cash flow slalement
Page 15
Notes lo the accounts
Pages 16

Action on Smoking and Health
Report of the Trustees
31°, March 2021
The Trustees are pleased to present their rep(￿ and the financial stslernenls of the charily for the
year ended 31 Sl March 2021.
Legal & Administrative Details
Legal Status
Action on Smoking and Health l-ASH-) is registered in England a$ company number 00998971
and as charity number 262067.
Reglstered Offlce
Unit 2.9. The Foundry. 17 Oval Way. London SE115RR.
Webslt•
www.ash.or
.uk
Dlrectors & Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law and
throughout this report are referred lo as the Trustees. The following Trustees (Honorary Officers as
indic81edl were in office at the 3181 March 20218nd had served throughout the year. except where
shown..
Dr Sanjay Agrawal
Dr Somen Banerjee
Professor John Britton
Professor Paul 8urslow
Dr Noel 88Xter
Alison Cox
G8ml8n D8vidge
Kale Harrison
Dr Nick Hopkinson
Jonathan McShan8
Dr Debbie Robson
Dr Helen Walters
Resigned 14th December 2020
Vice-chair
Resigned 26th March 2021
TreaSu￿r
Chair
Senior Staff
The senior member of staff to whom day to day management of the charity is delegated by the
Trustees is the Chief ExecutlV8, Deborah Arnott. The Company Secretary is the Business
Manager, Philip Rimmer.
Independent Exarningr
Neil Finlayson, Moore Kingston Smith LLP. Devonshire House, 60 Goswell Road. London. EC1 M
7AD.
Principal Bankgrs
Barclays Bank plc, Leicesler, LE87 2BB.
Structure, Governance & Management
ASH was founded in 1971 by the Royal College of Physiaans and is a company limited by
guarantee without Sha￿ capit21. Its goveming do(xJment is its Artides of Association.
The Trustees fomi the Board of Management of the charity. For the purposes of the Companies
Act 2006 as the Direclors of ASH they are also Members of the Advisory Council. The Trustees are
elected by the other Members of the Advisory Council. who are also the members of the Company,
al the Annual General Meeting. Not more than one third of the Trustees are required lo retire al
each Annual General Meeting. Retiring Trustees are eligible for re-election.

Action on Smoking and Health
Report of the Trustees
31°, March 2021
The Chief Executive of ASH, a paid member of staff. is responsible for the day to day running of
the organis8tion and is responsible to the Board of Management which usually meets four times a
year and is responsible for setting Ihe slralegic objectives.
So as lo main18in a pool of skilled potentl81 Trustees. new Advisory Council Members are regu18dy
sought by the Board of Management, particulady from within the health. public health, public
relations and political spheres. As new Trustees are recruited from the membership of the Advisory
Council they tend lo be grounded in the w)licies, working praelices and procedures of the Board.
During the year the Trustees conducted a thorough review of its policies on recruiting new Advisory
Council Members as well as Trustees. They also agreed a new process for electing Honorary
Officers.
All new Trustees are advised of their responsibilities by the Chair and the Business Manager. In
addition they receive an induction pack containing Board policies and advice booklets from the
Charity Commission. The training needs of the Trustees are examined and acted upon as part of
the regular review of risks.
Remuneratlon Pollcy
The governing principles of the Charity's remuneration policy are as follows..
1. to ensure delivery of the Charily s objeclives..
2. to attract and relain a molivaled workforce with the skills and expertise necessary for
organisational effectiveness.,
3. that remuneration should be equitable and coherent across the organisation.,
4. to take account of the purposes, aims and values of Ihe Charity;
5. to ensure that pay levels and pay increases are appropriate in the context ol the interests of
our beneficiaries.
Sonlor Ex•¢utlvo Remuneration
In relation to deciding remuneration for the Charity's Chief Executive, the Charity considers the
potential impact of remuneration levels and structures of senior executives on the wider Charity
workforce and wll lake account of the following additional principles..
1. to ensure that the Charity can access the types of skills. experiences and competencies
that il needs in its senior staff, the specrfic scope of these roles in the Charity and the link to
pay.,
2. the nature of the wider employment offer made to senior employees, where pay is one part
of a package that includes personal development, personal fuifilmenl and association with
the public benefit delivered. The Charity recognises Ihal it is, on occasion, possible to
8ttracl senior executives at a discount to public sector or private sector market rates.
In line with the recommendations of the NCVO Inquiry into Executive Remuneration published in
April 2014, the Charity has decided to disclose the remuneralion of Ihe Chief Executive (see note 4
on page 201.
Related Partie$ and Partner Organisations
None.
Stat¢mont of Ri$k
The Trustees have examined the major risks to which the Charity is exposed and confim that
systems have been established to enable regular reports to be produced so that the necessary
steps can be taken to mitigate these risks. Detailed consideration of risks is delegated lo the
Business Manager, who acts as Risk Manager and reports to the Board. Risks are identified,

Action on Smoking and Health
Report of the Trustees
31°, March 2021
assessed and controls established throughout the year with a comprehensive review taking place
al a minimum every 3 years. most recendy in January to March 2020. The following risks have
been assessed as being significant-.
Risk: Disruption through fire. flood. theft. terrorism or a major public health issue. As with any
small organisation based on a single site, any of these would cause severe disruption to our work.
Unfortunately, we are now experiencing this due to COVID-19.
Mitigation: Adequate levels of insurance, reviewed annually by our broker and whenever major
additions are made to assets. Maintenance of adequate office security and control of access to
keys lo only ASH staff, cleaning contractor and building supervisor. Storage, off-site. of a weekly
back-up of key data held on computers. Website hosted off-site with contractors holding a back-up
al a third sile. Ability and willingness of key staff to do some work from home.
Th8 Business Manager maintains a plan fc￿ what happens in the weeks after serious disruption,
the infomialion which needs lo be stored off-site with staff for instant access and other
arrangements.
ASH staff have been set up for working from home since March 2020. All staff take part in a video
meeting on a daily basis and the Senior Management Team are holding remote meetings regularly.
Workplans have been revised in the light of what is safe, practical and possible during lockdown
and changes lo this announced by the Govemmenl over lime.
Rlsk: Failure by one of our key funders to agree annual funding, or agreeing to much lower
funding, from March 2021 onwards.
Mltlgatlon: The Charity's reserves policy, which is reviewed on an annual basis: maintaining our
low level of overheads, employing a small core staff whilsl using specialisl consultants when
appropriate.
The Chief Executive and other key staff will continue to devote considerable effort lo maintaining
good relations with key decision makers, with a particular focus on maintaining the high priority that
our work has. We will continue to demonstrate. through ongoing evaluation of our work, monitoring,
regular updates and contsct, that ASH activities continue to be both dynarnic and effective at
delivering the support that our funders require.
Rlsk: Changes in Government policies, funding fc￿ poliaes or attitudes. The serious undemiining
of ASH'S work or Government actions which impact on the work we need lo do. Including.. the
possibility of radical shrfts in Government policy after a General Election,. funding cuts to
Government work on tobacco control policies- and the ongoing and rapidly moving situation with
regards to Government funding of it5 response to COVID-19.
Mitigation: ASH has worked well in the past with Conservative, Labour and Coalition
adminislralions. Key ASH staff with work to maintain good and friendly relations with key political
and civil service decision makers and ￿th relevant individuals in all polrtiC81 parties. Networking to
ensure Smokefree Action Coalition {SFACI members continue to support tobacco control policies.
The next comprehensive review of risk is due to take place during the third quarter of 2021-22.
Objectives
As stated in its Articles of Association, the objectives of the Charity are..
1. to preserve and protect the health of the public against the ha￿ful effects of cigarette or other
tobacco products., and
2. to advance the education of the public about the effects of cigarette and other tobacco and
nicotine products.

Action on Smoking and Health
Report of the Trustees
31°, March 2021
The Trustees have complied with the duty in Section 17 of the Charities Acl 2011 to have due
regard to the public benefit guidance published by the Charity Commission.
Activity & Impact Report
As an integral part of the strategic planning review for 2017-20. the Trustees agreed a series of
success indicators for each of four strategic priorities, measuring our impact as an organisation.
These relate lo outcomes as well as outputs whilst recognising that ASH plays a role but is not
solely responsible when it comes to successful outcomes. The four strategic priorities are..
1. Defend existing tobacco control measures and resources.
2. Advance the introduction of new tobacco control measures and resources.
3. Support specific measures aimed at reducing smoking rates among the poorest and most
vulnerable groups in society.
4. Harm reduction- advocate for a regulatory regime for tobacco and nicotine replacement
products based on the best evidence of ham they cause.
As a result of a review of our approach to strategic planning, and bearing in mind the emerging
situation in relation to COVID-19, the Trustees decided al their meeting in March 2020 that the
2017-20 strategic plan would be extended to the end of March 2021.
Towards the end of the 2020-21 financial year a new. comprehensive strategic plan for 2021-24
was developed. The results of this this can be seen under the section 'Plans for Future Periods"
Throughout the course of 2020-21 there were two big threats lo our ability lo deliver on our
strategy and work programme.. COVID-19 and the Government's decision lo reorganise public
health and dissolve Public Health England, with no clarity about what would happen to health
improvement. Both of these risked undemiining tobacco control and halting or limiting progress
towards the Smokefre8 2030 ambition. We twk a twTrpronged approach..
1. Operations: we constantly check and test our work programme as the pandemic evolvès,
to ensure we are maximising the impact of our delivery lo key stakeholders, such as
government, (national and locall, the NHS and the third sector.
2. Strategy: we scanned the rapidly changing political, economic, social and technological
environment for opportunities to mitigate risks lo our ability lo deliver on our strategic
priorities.
Given the seriousness of the threat to tobacco control posed by Ihe reorganisalion of public health
we made an early decision after the Govemment announcement in August that we had to engage
in the process.
ASH networking and coalition building aetivity
ASH is a small organisation and enhance our effectiveness by netsvorking and coalition building. In
particular ASH has Continued to ￿Ordinate and lead the Smi)kefree Action Coalition ISFAC}, an
active national coalition on tobacco control issues, Inte￿ening as and when necessary on tobacco
control issues both to support existing policies and, as appropriate, advocate for new ones.
Currently, the SFAC has around 350 members from a wide range of professional health bodies,
academic co118bor8tions, national and local charities, local authorities and NHS organisations.
1. Defend existing tobacco control measures and resour¢e$ to ensure that public health 1$
a priority area for government and decision makers, that smoking prevalence and smoking
uptake by children and young people continue to fall.

Action on Smoking and Health
Report of the Trustees
31°, March 2021
Tobacco tax policy
ASH continues to make submissions to HM Treasury on tobacco lax policy in collaboration with the
SPECTRUM academic research consortium. Although the 2020 Autumn Budget was cancelled the
Govemment uprated tobacco duties in line wth the tobacco esralator of 20/0 above inflation, saying
that this would "continue the drive to reduce smoking prevalence. and support the Government's
largel for a smoke-free England by 2030." Furthermore, in order to narrow the gap between hand-
rolling tobacco IHRTI and cigarette duty rates and ensure the Minimum Excise Tax {MET}
continues lo be effective in the current mar1(et. the tax on HRT was increased by inflation plus 6¥0
and the MET by inflation + 4tl/•.
Impact of COVID-19 on provlslon of stop smoklng seNlces by the NHS and Local
Authorities
Ensuring effective implementation of the tobacco dependence treatment provisions of the
prevention strand of the NHS Long Temi Plan has been an even greater challenge in the light of
COVID-19, with face to face treatment in the community being halted and significant pressures on
the NHS. Yet al the same time there is evidence that smokers appear more engaged in quitting at
this lime. with success rates among those who try highest recorded according to UCL Smoking
Toolkit Study.
In April 2020 ASH launched a campaign to engage smokers in quitting. and use slop smoking
services, just following the first lockdown. This campaign evolved significantly with additional
funding from the Department for Health and SO¢￿?1 Care {DHSCI lo extend the reach with
dis8dv8nl8ged smokers.
The campaign had tsvo prongs..
QuitForCovid'. A communications campaign that engaged l¢xal and national partners in
communications activity, using social and "eamed" media lo extend ils impact.
Today Is the Day.. A DHSC funded 4 week marketing campaign on local radio and digital
media in July 2020. This targeted 14 local authorities wlh the highest rates of smoking in
order to engage disadvantsged smokers.
The Today Is the Day campaign was delivered by ASH, with support from Breathe 2025, Fresh, the
Greater M8nchesler Health and Social Care Partnership and Public Health England IPHEI
Marketing. The campaign demonstrated value for money both directly and indirectly. Directly, by
overdelivering on the KPIS for the paid for advertising which was the heart of the carnpaign.
Indirectly through the successful promotion of the campaign through the media and widespread
engagement of local aulhorilies. There was extensive media coverage of the campaign, which was
associated with a significant spike in numbers accessing the NHS smokefree website at the time of
the launch.
In light of COVIO-19, ASH conducted 8 rapid survey of local authorities in late April to understand
how they have adapted their stop smoking service offers to the conslrainls of lockdown.
Responses were received from 112 local authorities and illuslraled that they have rapidly adapted
lo the ¢ir¢umstances, with 96¥0 delivering a stop smoking Servi￿ wth trained advisors to some or
all local smokers. 880/4 of local authorities reported providing Nicotine Replacement Therapy,
medications or e-cigarettes to smokers during the lockdown. The survey responses were used to
identify innovative best practice in response to COVID-19. The case studies We￿ published in a
joint document with PHE. and via the ASH webinar series.
The 2020 ASH survey of local tobacco control leads focused on the impacts of COVID-19 on
practice and local authority responses to the impact of the closure of PHE through questions on
sks and opportunities. The survey went into the field at the beginning of August and despite Ihe

Action on Smoking and Health
Report of the Trustees
31°, March 2021
pressures of COVID-19 achieved a 74% response rate. In summary the survey report paints an
impressive picture of a sector which has met the challenge of the pandemic and sought to make
the best of a difficult time by forging new partnerships and ways lo deliver. ASH will seek to build
on the findings with partners in the coming year.
2. Advance the introduction of new tobacco control measures and resources that are both
progressive, to continue to redute smoklng by people who have not been persuaded to qult
by previous measures. and synergistic. so thal policies combine together to produce the
greatest impact on smoking rates.
Tobacco Control Plan to deliver a Smokefree 2030
Securing a government commitment to develop a new Tobacco Control Plan to deliver the
Smokefree ambition was a key campaign objective for ASH. A commitment lo publish a new Plan
in 2021 was secured in December 2020 in a response by the Public Health Minister to a
padiamenlary question by Bob Blackman MP, Chairman of the APPG on Smoking and Health.
When she spoke 81 the launch of the ASH report on smoking in pregnancy on 10th Febwary 2021,
the Public Health Minister reiterated this c(fftmilmenl.
ASH has continued to monitor and report through ils annual oplnlon Surveys whlch
demonstrate majority and growing support for government action to tackle smoking.
YouGov survey results show the policy measures proposed in ASH'S response lo the Prevention
Green Paper consultation, endorsed by other health organisalions in Ihe Roadmap to a Smokefree
2030, have majority public support.
The proportion of respondents who think the govemment could do more to limit smoking has grown
subslanlially over lime from 29Yo in 2009, when the question was first asked, to 39Vo in 2017 and
al the lime of our most recent survey in 2021 had risen to 4S°A. The proportion of respondents who
think that the government is doing loo much has fallen from 20°A in 2009 10 11°/o in 2017 and 5°/0 in
2021. Specrfically, in 2021 there is support for the following policy measures among adults in
England..
The Govemmenl has sel a largel to end smoking by 2030. This will mean fewer than
5.10 of people smoking.. supported by 76°A wth only 7Yo opposing.
Requiring businesses lo have a valid licence to sell tobacco which Can be removed rf
they are caught more than once selling to underage smokers.. supported by 84Q/¢ with
only 40/0 opposing.
All smokers slaying in hospital should be offered support and medication to help them
not to smoke.. supported by 78 /0, Wth only 6¥0 opposing.
Requiring tobacco manufacturers to pay a levy to Government for measures to help
smokers quil and prevent young people from taking up smoking= supported by 770/0 with
only 6°/0 OPFX)sing.
l Governrnenl health policy should be protected fr(Mn the infiuence of the tobacco
industry and ils representatives.. supported by 73DA with only 3DA opposing.
Require cigarette packs lo include inserts with Govemment infomiation about quilling..
supported by 71 % with only Tyo opposing.
Smoking should be banned in all cars.. supported by 67% with only 15 /0 opposing.
Raise the age of sale from 18 10 21 for tobacco- supported by 63.10 with only 15 /.
opposing.
These dala are taken frorn our annual survey of public opinion which has been carried oul since
2007 by YouGov plc. Total sample size was 10.211 adults. Fieldwork was undertaken

Action on Smoking and Health
Report of the Trustees
31°, March 2021
between 18th February- 18th March 2021. The survey was carried out online. The figures have
been weighted and are representative of all English adults {aged 18+)-
ASH has prevented the tobacco Industry from Influenclng tobacco pollcy by exposlng thelr
lobbying and misinforniation.
ASH has worked hard lo support the UK in living up to ils obligations as a party to the WHO
Framework Convention on Tobacco Control, and in particular Article 5.3 to protect its public health
policy from the commercial and vested interests of the tobacco industy. In the Global Tobacco
Industry Interference Index published in November 2020. the UK slipped from first to fourth in the
2019 world league table measuring government success in preventing tobacco companies from
interfering in policy. ASH supported Tobacco Tactics and the STOP project al Bath University who
were responsible for developing the UK section of the Tobacco Industry Interference Index, as we
did last year's index. We also worked with them to pul together a policy brief with
recommendations for how the UK can improve its compliance with Article 5.3 going forward which
was submitted lo DHSC.
The ASH website continues to be used by the tobacco control communlty. medla and
decision-makers. including commissioners. as the leading site for information on tobacco
control (measured by regular sur¥ey$ of users).
In the 2021 independent evaluation of ASH'S work, 94.2% of respondents rated the ASH website
as excellent or good191.5°A in 2017).
ASH continues to be wldely reported on tobaccoqelated medla storSes
ASH is contacted by the broadcast, print and digital media on a daily basis for infomialion and
quotes. Over the last year ASH issued 23 national press releases and 15 regional press releases
on stories covering such issues as the Quit for COVID campaign, smoking cessation and mental
health, the ban on menthol flavoured cigarettes, Wortd No Tobacco Day and No Smoking Day.
Al the end of March 2021, the daily summary of tobacco related news coverage, ASH Daily News,
had 1,351 subscribers12020.. 1,140}.
3. Support speclflc measures almed at reduclng smoklng rates among the poorest and
most vulnerable groups in society.
ASH'S work contlnues to prlorltlse reduclng smokIng￿lated health Inequalltl&$.
Targeting smokers where they can be most effectively reached is core lo this strand of our work.
Smoking is independently linked to every indicator of socio-econornic status. including occupation,
educational attainment, housing tenure. single parenthood and unemployment. It IS also strongly
linked lo mental health and wellbeing.
Smoklng In Pregnancy
The Smoking in Pregnancy Challenge Group continues to work constructively and effectively and
is valued by both NHS England and IPHE}, whith both provide funding for elements of this
workslream. Pregnant smokers are heavily concentrated in poorer more disadvantaged
communrties, so this work is core to tackling inequalities.
ASH distributed a range of resources and information updates about smoking in pregnancy and
COVID-19 through the Smokefree Pregnancy Infomialion Network. This helped secure large sign-
up for a webinar on smoking in pregnancy and COVID-19.
In mid-2020 we published five postcard reSoU￿S providing brief infomiab'on on Ihe hamis of
secondhand smoke exposure to pregnant women and young children. These were well reviewed

Action on Smoking and Health
Report of the Trustees
31°, March 2021
by pregnancy services, especially regarding the capacty for services to add their own local contact
infomiation.
Much of the activity of the early part of 2021 went into producing a new report setting out action
needed lo reduce Smoking 8t Time of Delivery ISATODI. The final report was published at 8 joint
event with the All-Paty Parliamentary Group on Baby Loss in February.
Mental Health
ASH has continued to share updates through the Mental Health and Smoking Infomiation NeNvork
including distribution of the latest research from the SCIMITAR ¢onsortium at the University of York
demonslraling the cost effectiveness of delivering smoking cessation support through mental
health services.
An article on Mental Health. Smoking and Povety written by ASH staff. was published in the British
Journal of Psychiatry. and widely distributed through the Mental Health and Smoking Infornation
Network and on social media.
ASH published comprehensive report on training needs of mental health nurses and psychiatrists
on 16th December 2020. The report foreword was CO•aulhored by Ihe Chair of Ihe Academy of
Medical Royal Colleges, President of the Royal College of Psychiatry and the President of the
Royal College of Nursing. The report was launched at a joint event with Equally Well. Work now
continues lo consider how to implement the findings. A key ask is for a future Tobacco Control
Plan lo have a new national strategy to address gaps in training f¢y this workforce.
A meeting of the Mental Health and Smoking Partnership was held al the end of February 2021 to
pull together the evidence for further action to tackle smoking among people with a mental health
condition in the next Tobacco Control Plan. The event was attended by officials from DHSC and
PHE and a follow up report on the event was provided to them.
Cochrane
The Cochrane group funded ASH to support ccfflmunication of their new review of behavioural
support for smoking cessation published in eady 2021. We ran a webinar, producing some short
briefs and pul together a video to engage smokers in behavioural support model. We also
supported Cochrane's communication of their latest frcigarette ￿port including press work,
briefing of local and national partners and social media activity.
4. Harm reduction.. advocate for a regulatory regime for tobacco and nlcotlne replacement
products based on the best evldence of harni they cause and helps to maxlmlse publlc
health benefits and rninimise risks.
ASH opinion surveys have provided crucial evidence to policy makers on atliludes and behaviour
on e-cigarelles among adults and young people in Great Britain.
Data from ASH'S YouGov opinion polling shows that use of electronic cigarettes has continued to
increase among adults in Great Britain. rising to 3.6 million in 2021. Amosl two thirds164.6Q/o} of
current vapers are ex-smokers, this proportion has grown year on year, while the proportion of
vapers who also smoke (known as dual users) has declined to 30.5.10 in 2021.
Misunderstandings about the relative risks of vaping compared to tobacco smoking have
increased. In 2018, at least half the population agreed that e-cigarettes were less or a lol less
harmful than smoking150°k)- However, this improvement has not been sustained, and in 2021 only
42 10 agreed this was the case. The proportion of smokers who don't know how harmful e-
cigarettes are compared to smoking remains high and is very similar lo Ihal of all adulls125 /0 of
smokers compared to 240k for all adults in 20211-

Action on Smoking and Health
Report of the Trustees
31°, March 2021
In 2021 use of e-cigarettes among young people (aged 11-181 remains largely experimental with
just 1.5010 using e-cigarettes more than once 2 week l(Thip2red to 1.8410 in 20201. Vaping is much
less common among young people who have never smoked. In 2021, of young people aged 11-18
who have never smoked 0.70A are current v8pers. only 0.2% vape more than On￿ a week, and
only a single never smoker reported vaping daily.
Finance
Investments Policy
When not required. the f￿ ￿serveS held by the charity are held on deposit and may be placed on
short-lerm Treasury Deposits at the discretion of the Business Manager.
Prlnclpal Fundlng Sourcos
Project funding for the Charity during the year was..
Department of Health and Social Care - Project 1.. Delivering the Tobacco Plan for England.
Cancer Research UK - Project 3.. Local Authority Tobacco Control Report.
Core funding for the entire programme of work of the Charity was provided by..
Cancer Research UK..
British Heart Foundation.
Flnanclal Revlew
The year saw a £73,681 increase in funds. Total income of £929,488 was 3°/0 higher than th8
previous year.
Charitable expenditure, at £855,767 increased by 8.10 on the previous year. ASH finished the year
with cash b818nces of £725,752 lup £151,457 from last yearl and nel assets of £811.099.
Having made transfers of £89,828 from general funds to meet deficiencies on the various projects
for which restricted funds were available. the balance of general funds al the end of the year
increased by £73,308 10 £791.821.
Reserves Policy
Reserves are maintained at a level that enables the Charity lo manage financial risk, such as the
loss of funding source, allowing the Charity to sustain current activities in the shOrt-le￿ and
ensvring that financial commrtments Can be met as they fall due.
The reserves measure is on a 'managed cash. basis. 'Managed cash, includes all amounts
available to finance the general activities of the Charity. and nomially include the cash held in the
Charity's bank accounts. The targeted level of rese￿eS is a minimum of six months1£401.000} and
a maximum of 12 months1£802,0001, annualised forecast cash oufflow. Six months is considered
a reasonable time period considering the Charities two major funding sources are received
quarterly in arrears.
If the Charity were to suffer a loss of a funding source, the reserves would allow only a short-tem
maintenance of current activity levels. Steps would still need lo be taken lo either replace the
funding source or to change activities in the longer-temi. The Cu￿ent level of managed cash
{£725,7521 is within the desired range.

Action on Smoking and Health
Report of the Trustees
31°, March 2021
Plans for Future Periods
A new Strategic Plan for 2021-24 was developed between December 2020 and March 2021,
informed by a series of interviews with key stakeholders and ASH Truslees, an online
questionnaire and a series of strategic planning meetings held in the first quarter of 2021.
ASH seeks to bring about change through policy advocacy, coalition building and information
provision. Our slr81egic aims and objectives are focused on the creation and delivery of policies
across government and the public sector that will deliver our vision of a wortd free from the hami
caused by tobacco.
There are three primary strategic aims. each of bthich has a number of specrfic policy objectives.
These aims are..
1. Secure resources for national. regional and l¢)cal tobacco control lo deliver Smokefree 2030
for all.
2. Advance UK position as a global leader in tobacco policy lo deliver Smokefree 2030 for all.
3. Minimise smoking-related health inequalities lo deliver Smokefree 2030 for all.
These aims, and their associated objectives, amount to a policy blueprint for govemmenl and th8
public health community. They describe the policies that ASH believes are essential lo the delivery
of a Smokefree 2030 for all, policies that ASH:
will make the case for, using the best available evidence..
will build support for, drawing on its extensive professional partnerships and networks., and
will campaign for, with the help of its supporters in parliament and the wider public arena.
Each of these aims is explicitly linked to our goal of delivering Smokefree 2030 for all. The three
aims are all equally important to achieving this goal. Appropriate resourcing is needed lo deliver
ambitious policy, and the achievement of the 2030 goal for all requires a clear focus on
inequalities. The aims are underpinned by a fourth aim that supports the delivery of, the other
three.. securing organisational sustainability for ASH.
Ther6 is no explicit prioritisation or sequencing as this will b& a matter for more detailed discussion
al an operational level and will change over time as the environment we work in changes. The
following general points are. however, relevant..
ASH does not make the political weather bul we do our best lo influence it.
We lake a long view and are proactive in building public support for policies as a foundation
for achieving political support.
We respond quickly, and OPFX)rtunistically when necessary. lo political timetables and
events. The government commitment to publish a new Tobacco Control Plan in 2021 is
likely to dominate our immediate work programme.
ASH has nurtured many successful partnerships and relationships and these will remain at
the heart of the work of the organisation. Existing mechanisms and agents of change are
always our first port of call.
The full ASH strategic plan for 2021-24 can be found on our website {www.ash.org.uk).
Thanks
The Trustees would like to thank the British Heart Foundation. Cancer Research UK and our
partners in the Smokefree Action Coalition for supporting our WOTk during the year. In addition, they
would like lo thank all of the ASH staff for their work during the year.
10

Action on Smoking and Health
Report of the Trustees
31" March 2021
Trustees, Responsibilities
The Trustees (who are also the Directors of Action on Smoking & Health for the purposes of
company law} are responsible for preparing the financial stalernenls in accordance with applicable
law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting
Praclicel.
Company law requires the Trustees to prepare financial statements for each fin8nci81 year which
give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including the income and expenditure, of the charitable
company for that period. In preparing these finan(ial statements. the Iruslees are required lo..
select suitable accounting policies and then apply them consislently-
observe the methods and principles in the Charities SORP-,
make judgements and eslimales that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial slalements., and
prepare the financial statements on a going concem basis unless il is inappropriate to
presum8 that the company will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the company and enable them lo ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Small Company Exemption
The above report has been prepared in accordance with the special provisions of section 416 of
the Companies Act 2006 relating to small ccfftpanies and Section 162 of the Charities Act 2011.
On behalf of the Trustees
Dr Nick Hopkinson
Chair
Dale..
20 sep.tember 2021

INDEPENDENT EXAMINER'S REPORT
TO THE MEMBERS OF ACTION ON SMOKING AND HEALTH
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31
March 2021.
Responsibilities and basis of report
As the charity s Iruslees of the Company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies
Act 20061'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of
the 2006 Act and are eligible for independent examination. I report in respect of my examination of your
charity's accounts as carned out under section 145 of the Charities Act 20111'the 2011 Acl'l. In carrying
out my examination I have followed the Directions given by the Charity Commission under section 145151
Ibl of the 2011 Act.
Independent Examlnerfs Stsiement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 01 the 2011 Act. I confirm thal l am qualified lo undertake the examination because I
member of the ICAEW. which is one of the listed bodies.
I have completed my examination. I confimi that no matters have come to my attention in connection with
the examination giving me cause lo believe..
11 accounting records were not kept in respect of the Company as required by section 386 of the
2006 Act,. or
21 the accounts do not accord with those records; or
31 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any reqviremenl that the accounts give a 'true and fair view which is not a maller
considered as part of an independent examin81ion'. or
41 the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities.
I have no con¢ern$ and have come a¢ros$ no other matters in ¢onne¢lion with the examinabon to whi¢h
attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be
reached.
J.A LL
Neil Finlayson
IFCA, ICAEWI
For and on behalf of Moore Klngston Smllh LLP
Chartered Accountants
Devonshire House
60 Goswell Road
Lolldon EC1M 7AD
Dale.. 20 September 2021
12

ACTION ON SMOKING AND HEALTH
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2021
Unre5tiicted Funds
General
Oesignated
Total
2021
Unrestricted Funds
General
Designated
Restrictsd
Fund5
Total
2020
Funds
Income and Endowmonts From..
Donations and legacie5
Grants receiv8d
Oonalions and legaaes r￿ved
Inl&r8sl
602,59B
3.8%
602,YJ8
3.896
$88,317
7.191
1,631
588,317
7.191
1,631
2b
Charttable 4Wtlvltles
Grants r8c8ived
Contract income
Olher income
237,317
237,317
71.300
13.847
186,177
188,177
115.470
1,497
900.283
71.300
13,847
115.470
1,497
Totol In¢¢m•
692,131
237.317
929,448
714,1Cfj
186,177
Expendlture On..
Charitsble activille$
Policy Research ènd Infomatkjn
528,995
4.373
322.399
855,767
515,747
4.130
273,816
793,693
Total Expendltura
Net Incomollexpendltur•l lor the
year before tran81er•
528,995
4.373
322,399
855,767
S15,747
4.130
273,816
793,693
163.136
14.3731
185.0821
73,681
198.359
14.130
187,6391
106,590
Transfers
89,828
4.746
85,082
91,805
4.284
87,321
Net Movomont In Fund¥
73.308
373
73,681
106.754
154
13181
106,590
Funds brought forward
718,513
10.0(K)
737,418
611,7YJ
8,751
10,318
630,828
Fund$ ¢•rri•d forwar
791.821
9.278
10.orKI
811.1199
718.513
8.905
10,t)00
737,418
Noto 10
Not• 9
Noto 10
Note 9
Not? 8
All results are trom conlinuing athivilie5.
No 98in3 or losses arose in the year other Ihan Ihc68 atQV8.
Th& nol88 on pages 18 to 24 forni a part of these financial statements.

ACTION ON SMOKING AND HEALTH
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
BALANCE SHEET AT 31 MARCH 2021
Note
2021
2021
2020
2020
Fixed Assets
Tangible assets
Irivestments
9,278
24
8,905
24
9.302
8,929
Current Assets
Debtors
Cash al bank and in hand
137,937
725.752
863.689
198,255
574,295
772,550
Credltors: Amounts
falling due wlthin one
year
(61,892)
{44,0611
Net Current Assets
Net Assets
801,797
811.099
728,489
737,418
11
Funds
Reslri¢led
10.000
10.000
Unrestricted
Designated fund$
General Funds
9,278
791,821
811,099
8.905
718,513
737,418
10
For the year ending 31 March 2021 the company was entitled to exemption from avdil under section
477 of the Companies Act 2006 relating to small companies. The members have not required the
company to obtain an audit in accordance wilh sectson 476 of the Companies Act 2006. The
directors acknowledge their responsibility for complying with Ihe requiremonls of the Act with respect
to accounting records and for the preparation of 8ccounts.
These financial statements have been prepared in accordance with the provisions applicable lo
companies subject lo the small companies regime within Part 15 of the companies Act 2006 and
with the Financial Reporting Standard 102 {effective January 20151.
The notes on pages 16 to 24 form a part of these financial slaternents.
These accounts were approved. and aulhorised for distribution, by the Board of Directors on
nd ¢jAnp.rl nn its behalf by=
DrNick Ho
inson
Chair of the Board of Tnjstees
DÈte. 20 September 2021
Kate Harrison
Treasurer
Date." 20 Sepierrthr 21r21
Company number: 00998971
Charlty number: 262067
14

ACTION ON SMOKING AND HEALTH
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2021
2021
2020
Cash flows from operating activities
Nel income for the year
Adjustments for..
Depreciation of tangible fixed assets
Decrease in debtors
Increase l (decre85el in creditors
Interest received
73,681
106.590
4.373
60,318
17.831
14901
4,130
20,339
1138,4641
11,6311
Net cash genernted by l (used In) operatlng actlvltles
155.713
9,036
Cash flows from investing activities
Interest received
Purchase of tangible fixed assets
Nèt cash from Investlng actlvStles
490
4.746
4,256
1.631
4,284
2,653
Change in cash and cash equivalents In the year
Cash and cash equivalents al beginning of year
Cash and cash oqulvalonts at end of year
151,457
574.295
111,6891
585,984
725,752
574,295
Analysls of cash and cash equlvalents
Cash al bank and in hand
725.752
574,295
725.752
574,295
15

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Accounting Policies
Basis of preparation
The financial slalements have been prepared in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 1021. The charitable company is
a public benefit entity for the purFK)ses of FRS 102 and a registered charity established as a
company limited by guarantee and therefore has also prepared ils financial statements in
accordan￿ with the Statement of Recommended Praclice applicable lo charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (The FRS 102 Charities SORP). the Companies Act 2006 and Charities
Ac12011.
The financial statements have been prepared under the historical cost convention. They are
prepared in sterling, which is the functional currency of the ¢harity. Amounts presented are
rounded lo the nearest pound.
Golng concern
The trustees have assessed whether the use of the going concern basis is appropriate and
have considered possible events or conditions that might Cast significant doubt on the ability
of the chari18ble company lo continue as a going concem. This year. this requires
consideration of the impact of COVID-19 on Ihe operations of ASH, ils principal funders and
the wider economy. The trustees have made this assessment for a period of at least one year
from the dale of the approval of these financial stalemenls. In particular, the trustees have
considered the charitable company s forecasts and projections and have tsken account of
pressures on income. After making enquiries, the Iruslees have concluded that there is a
reasonable expectation that the charitable company has adequate resources to continue in
operational existence for the foreseeable future. The charitable company therefore continues
to adopt the going concern basis in preparing its financial statements.
Company status
The charity is a company limited by guarantee, registered in England & Wales. In the event of
the charity being wound up, Ihe liability of each member in respecl of the guarantee is limited
to£1.
Income
All income including government grant income is recognised when there is enlillomenl to the
funds, the receipt is probable and the amount can be measured reliably. Where income is
received in advance of meeting any perfomiance-relaled conditions, there is not unconditional
enlillemenl lo the income. The recognition of Ihis income therefore is deferred and included in
creditors as deferred income until the perforrnance-related conditions are mel. Legacies are
included in the accounts al the point where the amount receivable can be measured with
sufficient reliability,. this is normally the poinl of receipt by the charity.
16

ACTION ON SMOKING AND HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Resources expended
Expenditure is included in the Statement of Finanual Activities on a accruals basis, inclusive of
any VAT which cannot be recovered. Expenditure is recognised once there is a legal or
conslruclive obligation to transfer economic benefit to a third p8rty. it is probable th818 transfer of
economic benefits will be required in settlemenl and the amount of the obligation can be
measured reliably. Al expenditure has been dassified under headings that aggregate all costs
related to the category.
Charitable activities include expendilure associated with Ihe development of policy, research,
information and related activities and include both the direct costs and support costs relating lo
those aclivilies.
Support costs are the cosls of central functions which relate to the whole organisalion. These
have been allocated lo cost categories on the basis of staff bme occupied in each area.
Penslon contrlbutlons
The company makes conlribulions lo a defined conlribulion scheme for eligible members of staff
the amount being delermined in relation to the individual's current salary. Additional contributions
are made lo the individual personal pension scheme of three members of staff.
Operating leases
Rentals applicable lo operating leases are charged to the SOFA Istatemenl of Financial
Activiliesl over the period in which the cost is incurred.
Tanglble flxed assets and depreclatlon
Items are capilalised as fixed assets if their cost exceeds £500.
Oepreciatson is provided on expenditure at rates calculated to write off each asset over ils
estimated remaining useful life. The estimated remaining useful lives of the classes of assets are
as follows..
Office & IT equipment
3-5 years
Investments
Investments are held in tobacco related companies lo give ASH the right to attend annual general
meetings and receive relevant documents. The holdings are minimal and it is therefore
considered appropriate to disclose them at historical cost rather than market Value as required by
SORP. There is no material difference betsveen the cost and the market value.
Fund Accounting
General funds are unrestricted funds which are available for use al the discretion of the trustees
in furtherance of the objectives of the charity. Designated funds are also unreslricled funds but
have been designated by the trustees for a parb"cular purpose and includes the nel book value of
tangible fixed assets used by the charitable comp8ny in its operatsonal activities. Restricted funds
are funds which are lo be used in accordance with specific restrictions imposed by donors or
which have been raised for particular purposes. The aim and use of each reslricled and
desi9n8ted fund is giverb in the notes.
17

ACTION ON SMOKING AND HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021 (CONTINUED)
Gffts in kind
Donated assets are capitalised at a value estimated to be their market value at the time of
don8tion. Where services are provided lo the Charity 85 a donation that would normally be
purchased from suppliers, this contribution is included in the financial statements as an estimate
based on the value of the contributson to the Charity.
Critical accounting estimates and areas of judgement
In the view of the Iruslees in applying the accounting policies adopted. no judgements were
required that have a significant effect on the amounts recognised in the financial stslemenls nor
do any estimates or assumptions made cary a significant risk of matenal adjustment in the next
financial year.
Othgr flnanclal Instruments
l. Cash and cash equlvalents
Cash and cash equivalents include cash at bank and in hand and short term deposits with a
maturity dale of three months or less.
11. Debtor$ and ¢rodltors
Debtors and creditors ￿CeiVable or payable within one year of the reporting date are carried al
their al transaction price. Debtors and creditors that are receivable or payable in more than one
year and not subject lo a market rate of interest are measured at the present value of the
expected future receipts or payment discounted al a market rate of interest.
2a Grants
2021
2020
Unrestrlcted grants recelved
SLbpporb'ng tharities
602.598
588,317
Restrlcted grants arlslng from charltable actlvltles
Department of Health
suppO￿.ng charities
210,000
27,317
237,317
140,000
46,177
186,177
2b Donatlons and legacles
IAII unrestricted)
2021
2020
Donations
Legacies
3.896
7,191
3,896
7,191
18

ACTION ON SMOKING AND HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021 (CONTINUED)
3 Charltabl• actlvltlas
The detailed Charitsble activities are more fully deS￿bed in the trustees, report and relate to
inlertinked areas of pN)licy. research and information.
Dlre¢t
project
costs
Direct staff Support
costs
costs
(see Note 4) (see below)
2021
Policy research and Inf0m￿tiOn
280,272
347,949
227,546
855,767
Dir8Ct
prolect
Dlrttt $taff Support
costs
costs
Is•e Notè 4) (Seè below)
2020
Policy research and Inf0m￿￿on
241,925
344,313
207,455
793,693
Support costs are those shared costs whith relalg to thg operation of the organisation and
inclvde:
Total
2021
Total
2020
Staff costs (See Note 4}
Depreciation
Legal & Consultancy
Office running costs
Telephone and postage
Printing, stationery and design
Board expenses
Independent Examinatson leo
Accountancy and payrdl
Other c(Ists
60,427
4,373
9,744
124,343
6,815
863
5,674
7,974
4,612
2,721
227,546
62,871
4.130
10,522
94,881
14,517
2,009
4,309
7,940
2,007
4,269
207.455
The basis of allocation of tolal overhead cosls bets￿rI direct and support cosis is staff time.
19

ACTION ON SMOKING AND HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021 (CONTINUED)
4 Staff Costs
2021
2020
Gross pay
Social security
Pension contributions
347,744
37,408
20,910
406,062
2,314
343,524
37,866
22.677
404,067
3,117
Other staff costs
408,376
407,184
The Temuneralion of 1 member of staff (2020.. 1 member of stsffl fell into the range £90,000-
£100,00012020.' £90.000-£100,0001. This figure indudes salary but excludes social security
costs and employer pension conth"bub"ons.
No trustees12020.' none) were reimbursed for expenses in¢urred12020-. none) for travel lo board
meetings. No Iruslee received any remuneratson in the year12020.' none).
Key management ￿rsOnnel Comprise the Irusleès. Chiel Executive, Businèss Manager, and thè
Policy Director. Total employee benefits for these individuals in 2020-21 were £231,06712020.'
£194,813>. This figure includes s81aries. employer pension conlributs'ons and social security
costs. There are no other pecuniary benefits for senior or other staff at the Charity.
Total employee benefits for the Chief Execuiive in 2020-21 were £110,171, comprising salary
1£92,9741, employer pension conlribulions1£5,5781 and social security cosls1£11,6181.
The average number of staff employed, including
part lime staff. allocated according lo function was..
2021
Number
2020
Number
Central charitable activities
S Tanglble F5x•d Assets
Office & IT
oqulpmont
Cost
Al 1 April 2020
Additions
Disposals
At 31 March 2021
70,101
4,746
74,847
Deprèclatlon
At 1 April 2020
Charge for the year
Elimin8led on disposal
Al 31 March 2021
61,196
4,373
65,569
Net Book Value
Al 31 MarGh 2021
9,278
At 31 March 2020
8,905
l fixed assets are held for use in the tharitsble a¢tivibes of ASH.
20

ACTION ON SMOKING AND HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021 (CONTINUED)
6 Debtors
2021
2020
Other debtors
Prepayments
131,592
6,345
137,937
184,706
13,549
198,255
All debtors are financial instruments measured at present value.
7 Credltors: Amounts falllng due wlthln one year
2021
2020
Trade creditors
VAT Liability
A¢cruals
28,014
8,630
25,248
61,892
24,245
5.509
14.307
44,061
Included within the figure for accruals is an amount of £2,20612020.' £2,256) owing to the
pension scheme.
All creditors. except accruals. are financial instruments measured at present value.
21

ACTION ON SMOKING AND HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021 (CONTINUED)
Restricted Funds
Funds brought
forward Aprll 2020
Incoming
resources
Resources
expended
Transfers from Funds carried forward
General funds
March 2021
Secondhand Smoking
Towards a Smokefree Generation.. a project to
support deliver of the Tobacco Control Plan for
England 2018-21
Local Authority Tobacco Control
Tobacco Strategy & Policy
(a)
10,000
10,000
Ib)
Icl
(d)
210.000
27,317
1293,8611
128,538}
83,861
1,221
10,000
237.317
1322,3991
85.082
10,000
Incomlng
r¢sourcos
Resources
¢xpend•d
Transfers from
Gonoral funds Funds carrl8d forward
March 2020
Funds brought
forward Aprll 2019
Secondhand Smoking
Towards a Smokefree Generation.. a project to
support deliver of the Tobacco Control Plan for
England 2018-21
Local Authority Tobacco Control
Tobacco Strategy & Policy
(a)
10,000
10,000
Ib)
Icl
(d)
140,000
21,177
25,000
186.177
1226,2681
122,5481
125,000
273,816
86,268
1,053
318
10,318
87.321
10,000
(al This amount represents the legacy of Jean Matthews. The money was specified for use in campaigns againsl involuntary smoking.
(bl This project funds work in support of the Tobacco Control Plan for 2018-21 and consists of a grant of £210,00012020= £140,000) frorn the Department of Health
and Social Care Grant Funding Scheme.
(cl This project provides 8n annual tobacco control report tracking Local Authority activity in tobacco control and consists of a grant from Cancer Research UK.
(dl This project provides support for progression of tobacco control legislatson and policies and consists of a grant of £25,000 in 2019-20.
22

ACTION ON SMOKING AND HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021 (CONTINUED)
9 Designated Funds
Funds
brought
forward
Incorning Resources
resources
expended
Transfers
fromllto)
General
funds
Funds
carried
for•vard
March
2021
2020
Capitsl equipment
8.905
8,905
{4,3731
4.373
4.746
4.746
9,278
9.278
Funds
brought
forward
April
2019
Funds
carried
forward
March
2020
Transfers
fromlltol
General
funds
Incomin9
resources
Resources
expended
Capital equipment
8,751
8.751
4,130
4,130
4,284
4,284
8,905
8,905
The capital equipment fund equates to the value of tangible fixed assets. These are not liquid
assets or easily realisable.
10 Goneral Fund$
Funds
brought
forward
Aprll
2020
Funds
carried
for•vard
Mar¢h
2021
Tran$fors
to other
funds
Incoming Resources
resources
expended
Central funds
718,513
718,513
692,131
528,995
89,828
791,821
89.828
692.131 ￿528995} ￿ 791,821
Funds
carried
for•vard
March
2020
Funds
brought
forward
Transfers
to other
funds
Incomlng Resources
resourcès
èxpended
2019
Central funds
611,759
611.759
714,106
714.106
1515,7471
515,747
{91,605} 718,513
91.605
718,513
23

ACTION ON SMOKING AND HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021 (CONTINUED)
Net
current
assets
11 Analysis of Net Assets belween Funds
Fixed
assets
Total 2021
Restricted funds..
Unrestricted funds-
Designated funds
General funds
10.000
10,000
9.278
24
9,278
791,821
791.797
9,302
801,797
811,099
Fixed Net current
assets
assets
Total 2020
Restricted funds..
Unreslricled funds..
Designated funds
General funds
10,000
10,000
8.905
24
8,905
718,513
718,489
8,929
728.489
737,418
12 Operatlng Lease Commltments
The company had annual commitrnents under operating leases as follows-
2021
Land and
Bulldlngs
2020
Land and
Bulldlngs
Expiring..
within 1 year
in between two and five years
24,478
89,752
29.992
During the year £44,234 {2020'. £41,tK)01 has been recognised as an expense in the SOFA.
13 Related Party Transactlons
There have been no related party transactions during the year that require disclosure.
24