2020-12-31-accounts

		Page
Report ofthe Trustees		2to 8
Report ofthe Independent Auditors		9-11
Statement ofFinancial Activities		12
Balance Sheet		13
Cash Flow Statement		14to 15
Notes to the Financial Statements		16to 23
Detailed Statement ofFinancial Activities		24to 25
Appendix 1 —Activities during the	year	26to 27
Appendix 2 —Index to Population	Studies, Vol.74:2020	28to 29

					2020	2019
		Restricted	Nominated	General	Total	Total
	Notes	Funds	Funds	Funds	Funds	Funds
INCOME AND ENDOWMENTS FROM
Royalty	2		3,000	111,913	114,913	116,996
Investment income	3			3,333	3,333	3,082
Total			3,000	115,246	118,246	120,078
EXPENDITURE ON
Charitable activities
Population Studies				72,709	72,709	66,377
Grants payable				53,500	53,500	61,000
Total				126,209	126,209	127,377
Net gains/(losses) on investments				5,391	5,391	12,739
Net income/(expenditure)			3,000	(5,572)	(2,572)	5,440
Transfers between funds
Net movement in funds			3,000	(5,572)	(2,572)	5,440
RECONCILIATION OFFUNDS
Total funds brought forward			13,579	224,241	237,820	223,380
TOTAL FUNDS CARRIED FORWARD			16,579	218,669	235,248	237,820

a	t31Dece	mber 2020
				2020	2019
		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	9
Investments	10		89,300	89,300	83,909
			89,300	89,300	83,909
CURRENT ASSETS
Debtors	11		31,956	31,956	29,175
Cash at bank and in hand			38,410	38,410	71,323
Investments —COIF&fixed term bonds			109,581	109,581	106,257
			179,947	179,947	206,755
CREDITORS
Amounts falling due within one year	12		(33,999)	(33,999)	(52,844)
NKT CURRENT ASSETSLESS			145,948	145,948	153,911
CURRENT LIABILITIES
NKT CURRENT ASSETS			235,248	235,248	237,820
NKT ASSETS			235,248	235,248	237,820
FUNDS
Unrestricted funds				218,669	224,241
Nominated funds				16,579	13,579
Restricted funds
TOTAL FUNDS				235,248	237,820

				2020	2019
			Notes
Cash flows from operating	activities:
Cash generated trom operations				(~32,922	10,126
Net cash provided by (used in) operating
activities				(32,922)	10,126
Cash flosvs from investing	activities;
Interest received				3,333	3,082
Net cash provided by (used in) investing				(29,589)	13,208
activities
Change in cash and cash equivalents		in		(29,589)	13,208
the reporting period
Cash and cash equivalents	atthe			177,580	164,372
beginning ofthe reporting	period
Cash and cash equivalents	at the end	of		147,991	177,580
the reporting period

1.	RECONCILIATION	RECONCILIATION	OFNET INCOME	OFNET INCOME	TO NET CASH FLOW	FROM OPERATING	FROM OPERATING
	ACTIVITIES
						2020	2019
	Net income for the	reporting		period (as per the statement of
	financial activities)					(2,572)	5,440
	Adjustments for:
	Depreciation charges
	Interest received					(3,333)	(3,082)
	Unrealised (gain)/loss		on investments			(5,391)	(12,739)
	(Increase)/decrease	in	debtors			(2,781)	153
	Increase/(decrease)	in	creditors			(18,845)	20,354
	Net cash provided	by (used in) operating			activities	(32,922)	10,126
2.	ANALYSIS OFCASH AND			CASH EQUIVALENTS
						2020	2019
	Cash at bank					38,410	71,322
	Investments —COIF &fixed term bonds					109,581	106,257
	Total cash and cash equivalents					147,991	177,579

2.	ROYALTY
				2020	2019
	Taylor and Francis			106,793	108,093
	JSTORroyalty			8 120	8,903
				H~43.	116,996
3.	INVESTMKNT INCOME
				2020	2019
					5
	Interest receivable			3,333	3,082
4.	POPUI ATION STUDIES
				Total	Total
				2020	2019
					f,
	Staffcosts			37,621	36,648
	Office rental				(2,893)
	Editorial expenses and fees			32,984	29,955
	Insurance			39	499
	Telephone			174	83
	Printing, postage and stationery			133	155
	Auditors remuneration			1,650	1,650
	General expenses			108	280
	Depreciation
				72,709	~6613 7
5.	GRANTS PAYABLE
				2020	2019
					5
	Grants payable			45,000	52,500
	The total grant paid to institutions		during the year was as follows:
				2020	2019
	British Society for Population	Studies		8,500	8,500

		2020	2019
			f,
Wages		26,812	26,448
Nl		3,198	3,215
Apprenticeship	levy	160	159
Superannuation		7,451	6,826
		37,621	36,648
Average number	ofemployees

			Restricted	Nominated	General	Total
			Funds	Funds	Funds	Funds
INCOMING RESOURCES
Incoming resources from generated	funds
Activities for generating funds				3,000	113,996	116,996
Investment income					3,082	3,082
Other
Total incoming resources				3,000	117,078	120,078
RESOURCES EXPENDED
Charitable activities
Population Studies					66,377	66,377
Grants payable					61,000	61,000
Total resources expended					127,377	127,377
Net incoming/outgoing resources before transfers				3,000	(10,299)	7,299)
Transfers between funds
NKT INCOMING/(OUTGOING) RESOURCES before other recognised		gains		3,000	(10,299)	(7,299)
and losses
Other recognised gains/losses
Gains/losses on investment assets					12739	12.739
Net movement in funds				3,000	2440	5 440
RECONCILIATION OFFUNDS
Total funds brought forward				10,579	221,801	232,380
TOTAL FUNDS CARRIED FORWARD				13,579	224,241	237,820

	for the year eaded 31December 2020	for the year eaded 31December 2020
9.	TANGIBLE FIXEDASSETS
			Computer
			equipment
	COST
	At 1 January 2020 and 31	December 2020	633
	DEPRECIATION
	At 1 January 2020 and 31	December 2020	633
	NET BOOKVALUE
	At 31December 2019and	31December 2020
10.	FIXEDASSETINVESTMENTS
			Listed
			investments
	MAREXT VALUE
	At 1 January 2020		83,909
	Disposals
	Revaluations		5,391
	At 31December 2020		89,300
	NET BOOKVALUE
	At 31December 2019		83,909
	At 31December 2020		89,300
	There were no investment	assets outside the UK.

11.	DEBTORS:AMOUNTS FALLING	DUE WITHIN ONE YEAR
		2020	2019
	Other debtors	31,956	29,175
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2020	2019
	Other Creditors	33,999	52,844

			At 1.1.20	Movement
				in funds	Transfers	At31.12.20
						f.
Unrestricted	funds
General fund			224,241	(5,572)		218,669
Editors' discretionary		fund	13,579	3,000		16,579
			237,820	(2,572)		235,248
Restricted funds
Total funds			232,380	(2,572		235,248

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted funds
General fund Editors' discretionary	fund	115,246 3,000	(126,209)	5,391	(5,572) 3,000
Restricted funds		118,246	(126,209)	5,391	(2,572)
Scholarship fund
TOTAL FUNDS		118,246	126,209	5,391	2,572

		2020	2019
INCOMING RESOURCES
Activities for generating	funds
Taylor and Francis JSTORroyalty		106,793 8,120	108,093 8,903
		114,913	116,996
Investment income
Interest receivable		3,333	3,082
Total incoming resources		118,246	120,078
RESOURCES EXPENDED
Charitable expenditure
Salaries		37,621	36,648
Office rental			(2,893)
Postage, printing and stationery		133	155
Editor's fees		16,000	16,000
Editorial expenses		16,984	13,955
Insurance		39	499
Telephone		174	83
Auditor's remuneration		1,650	1,650
General expenses		108	280
Depreciation
		72,709	66,377
Charitable activities
Grants to institutions		8,500	8,500
Grants to individuals		45.000	52 500
		53,500	61,000

		2020	2019
Total resources expended		126,209	127,377
Net income/(expenditure)	before gains
and losses		(7,963)	(7,299)
Realised recognised gains	and losses
Realised gains/losses on 6xed asset investments		5,391	12,739
Net income/(expenditure)		(2~572	5,440

INDEX toPopulation Studies, Volume 74,2020:
In order ofpublication:
Issue 1:March 2020
Fertility preferences and subsequent childbearing in A&ica and Asia: A synthesis of
evidence &om longitudinal studies in 28populations
John Cleland, Kazuyo Machiyama &John B.Casterline			1-21
Projecting future utilization ofmedically assisted fertility treatments
James Raymer, Oing Guan, Robert J.Norman, IVilliam	Ledger &Georgina M. Chambers		23-38
Cash support vs. tax incentives: The differential impact	ofpolicy interventions on
third births in contemporary Hungary
Zsolt Speder, Livia Murinko &Livia Sz. Olah			39-54
Fertility intentions and maternal health behaviour during	and a&er pregnancy
Esha Chattejvee &Christie Sennott			55-74
Latin American convergence and divergence towards the mortality pro&les of
developed countries (OA)
Jesds-Adrian Alvarez, Jose Manuel Aburto & Vladimir	Canudas-Rorno		75-92
Population-level adult mortality following the expansion	ofantiretroviral	therapy
in Rakai, Uganda (OA)
Dorean Nabukalu, Georges Reniers, Kathryn A. Risher,	Sylvia Blom, Emma Slaymaker,
Chodziwadziwa Kabudula, Basia Zaba, Fred Nalugoda,	Godfrey Kigozi,	Fred Makumbi,
David Serwadda, Steven J.Reynolds, Milly Marston, Jeffrey IV.Eaton, Ron Gray,
Maria sawer, Nelson Sewankambo & Tom Lutalo			93-102
A family affair: Evidence ofchain migration during the	mass emigration	&om the
county ofHalland in Sweden to the United States in the	1890s(OA)
Anna-Maria Eurenius			103-118
Can we study the family environment through census data? A comparison		of
households, dwellings, and domestic units in rural Mali
Veronique Hertrich, Pascaline Feuillet, Olivia Samuel,	Assa Doumbia Gakou &
Aurelien Dasre			119-138

Is consanguinity an impediment to child development?
Cem Mete, Laurent Bossavie, John Giles dc Harold Alderman				139-159
Survival and sex composition ofoffspring: Individual-level responses		in the quantum
and tempo ofchildbearing during the demographic transition
Mark Gortfelder d'r Allan Puur				161-177
Sibling loss and fertility desires in the high-mortality context	ofPeru
Kathleen Broussard dr. Abigail 8'eitzman				179-195
Adapting the Own Children Method to allow comparison offertility		between
populations with different marriage regimes (OA)
Alice Reid, Hannaliis Jaadla, Eilidh Garrett d't: Kevin Schiirer				197-218
Fe&tility trajectories and later-life depression among parents (OA)
Emily M. D. Grundy, Sanna Read d'c Heini Viiisanen				219-240
Does schooling protect sexual health? The association between three		measures of
education and STIs among adolescents in Malawi (OA)
Barbara S.Mensch, Monica J.Grant, Erica Soler-Hampejsek	Christine A. Kelly,
Satvika Chalasani dl Paul C.Hewett				241-261
Disability among children ofimmigrants from India and China: Isthere excess
disability among girls?
Felix M. Muchomba dc Sangeeta Chattejri				263-281
On the estimation offemale births missing due to prenatal sex selection (Research Note)
Christophe Z Guilmoto, Fengqing Chao d'r Purushottam M Kulkarni				283-289
Issue 3:November 2020
Revisiting mid-twentieth-century fertility shifts from aglobal	perspective
David Reher Ck Miguel Requena				299-314
All-time low period fertility in Finland: Demographic drivers,	tempo	effects, and
cohort implications (OA)
Julia Hellstrand, Jessica Nisen dc Mikko Myrskyla				315-329
The effects ofgrowing-season drought on young women's life course		transitions	in a
sub-Saharan context
Liiiana Andriano &0Julia Behrman				331-350
Ethnicity, sex composition ofliving children, and unrealized	fertility	in Nigeria
Olufunke Fayehun, Olutobi Adekunle Sanuade, Anthony Idowu Ajayi		dc
Uche Isiugo-Abanihe				351-361
Interpregnancy intervals and perinatal and child health in Sweden: A		comparison
within families and across social groups (OA)
Kieron Barclay, Anna Baranowska-Rataj, Martin Kolk ck Anneli Ivarsson				363-378

Sexdifferences in child health and healthcare: A reappraisal for Ind	ia
Priyanka Dixit, John Cleland &E.S.James		379-398
Living longer but not necessarily healthier: Thejoint progress ofhealth and mortality
in the worldng-age population ofEngland
Stephen Jivraj, Alissa Goodman, Benedetta Pongiglione &George	B.Ploubidis	399-414
Family embeddedness and older adult mortality in the United States
Sarah E.Patterson, Rachel Margolis &Ashton M Verdery		415-435
Multi-morbidity and frailty at death: A new classiftcation ofdeath records for an
ageing world
Francesco Grippo, Aline Desesqueges, Marilena Pappagallo, Luisa Frova, Viviana
Egidi &France Mesle		437-449
Over-coverage in population registers leads to bias in demographic	estimates (OA)
Andrea Monti, Sven Drefahl, Eleonora Mussino &Juho Harkonen		451-469