## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |OR THE YEAR ENDED 31STDECE|MBER 2022||||| |---|---|---|---|---|---| |||||2022|2021| |||unrestricted|Restricted|Total|Total| |||Funds|Funds|Funds|Funds| ||Notes|6|6||6| |Incoming
resources from:|||||| |Donations
&legarfes:|||||| |Donations|||||10,000| |Legacies||4,000||4,000|9,334| |Charitable
activities:|||||| |SubscrlpUons
Meetings||503,295
35,720|16,239|503,295
51,959|485,214
26,910| |Intemolse
event||15,000||15,000|| |Pubgcatlons||142,170||142,170|102,854| |Education||397,594||397,594|333,807| |Engineering
Division||14,058||14,058|16,607| |Investments:|||||| |Investment
Income||6,876||6,876|6,841| |Other:|||||| |Sundry Income||4,312||4,312|2,627| |Total Incoming
resources||1,123,025|16,239|1,139,264|994,194| |Resources expended
Costs ofgenerating
funds||333,223||333,223|279,633| |Charitable
activities||822,245|23,261|845,506|683,009| |Total resources expended||1,155,468|23,261|1,178,729|962,642| |Net incoming
resources before
other recognised
gains and losses||(32,443)|(7,022)|(39,465)|31,552| |Other recognised
Gains and Losses|||||| |Net movement
In funds|5|(32,443)|(7,022)|(39,465)|31,552| |Reconciliation
offunds|||||| |Fund Balances Brought Forward||1,624,383|7,650|1,632,033|1,600,481| |Transfers
between
funds|||||| |Fund balances carried forward||1,591,940|628|1,592,568|1,632,033| ## ## ||||Notes|2022||2021|| |---|---|---|---|---|---|---|---| |||||f||f|| |Fixed Assets|||||||| |Tangible assets|||||353,524||368,212| |Current Assets|||||||| |Debtors|||9|103,733||134,340|| |Cash at bank and|in hand|||1,344,060||1,362,450|| |Total Current Assets||||1,447,793||1,496,790|| |Creditors: Amounts||Falling Due|||||| |within One Year|||10|(208,749)||(232,969)|| |Net Current Assets|||||1,239,044||1,263,821| |Total Assets Less Current|||||1,592,568||1,632,033| |Liabilities|||||||| |The Funds ofthe|Charity||||||| |Reserves —unrestricted|||||1,591,940||1,624,383| |Reserves - restricted|||||628||7,650| |Total Funds|||||1,592,568||1,632,033| ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| ||||||||E| |Cash flows from operating|||activities||||| |Net income (expenditure)|for the year|||||(39,465)|31,552| |Adjustments
for:|||||||| |Depreciation||||||101,263|89,178| |Loss of disposal offixed assets|||||||| |Investment
Income||||||(6,876)|(6,841)| |(Increase)/reduction
in debtors||||||30,607|(56,810)| |Increase/(reduction)
in creditors||||||(24,220)|52,798| |Net cash provided/(used)||in|operating|activities||61,309|109,877| |Cash flows from investing||activities|||||| |Purchase of tangible fixed|assets|||||(86,575)|(64,726)| |Sale of tangible
fixed assets|||||||| |Investment
income||||||6,876|6,841| |Net cash (used In) Investing|||activities|||(79,699)|(57,885)| |Net increase
/ (decrease)
equivalents|in|cash and cash||||(18,390)|51,992| |Cash and cash equivalents||at the beginning|||of the|1,362,450|1,310,458| |year|||||||| |Cash and cash equivalents||at the end of the|||year|1,344,060|1,362,450| |Cash and cash equivalents||is made up of the|||||| |following:|||||||| |Cash at bank and
in hand||||||1,344,060|1,362,450| |Total||||||1,344,060|1,362,450| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2022f|2021
E| |---|---| |6,876|6,841| ## ## ## |otal resou|rces|expended|||||||| |---|---|---|---|---|---|---|---|---|---| |||||Costs of|Conferences|||2022Totsl|2021 Total| |||||generating|end|||Funds|Funds| |||||funds|Education|Other|Governance|6|6| ||||||6|6|U||| |Costs directly allocated to activities|||||||||| |Meetings|||||41,450|||41,450|22,165| |Intemolse
event|||||52,355|||52,355|| |Publlcaff ons||||104,009||||104,009|93,890| |EducaUon|||||110,402|||110,402|90,858| |Branch and|Group Activities||||2,755|||2,755|1,326| |Engineering|Division|||||24,760||24,760|21,881| |Subscrlptlons|||||19,212|||19,212|19,194| |STEM|||||47,490|||47,490|| |Legal fees|||||||6,735|6,735|5,088| |Audit|||||||9,000|9,000|8,500| |Accountancy|& taxation||||||9,629|9,629|11,505| |Marketing
expenses||||116,988||||116,988|79,654| |Bad debts|||||||||9,203| |||||220,997|273,664|24,760|25,364|544,785|363,244| |Support costs allocated to acti|||vltles||||||| |Staff costs||||65,922|131,843|13,184|52,737|283,686|258,432| |Rent, rates and service charge||||12,781|31,952|3,194|15,976|63,903|59,900| |Light, heat and insurance||||2,136|4,271|427|1709|8,543|7,520| |Uttra of equipment|||||8,224|||8,224|11,122| |Computer fees||||6,438|51,509||6,438|64,385|61,098| |PrlnUng,
stationery||& dupttcaffng||432|3,453||432|4,317|2,876| |Postage (Indudlng||Bugetln)||545|4355||545|5,445|5,019| |Telephone||||796|7,159|||7,955|7,741| |Commlsee
and management|||||||||| |expenses||||1,435|7,176||20,091|28,702|34,467| |Sundry expenses||||694|1,734|173|868|3,469|1,938| |Bank and credit card charges||||2,748|6,411|||9,159|8,746| |DepreclaUon||||10,126|81,011||10,126|101,263|89,178| |Irrecoverable|VAT|||5,649|42,364|2,824|5,649|56,486|43,934| |Travel||||303|508|101|101|1,013|813| |Repairs and|maintenance|||2,221|3,695|739|739|7,394|6,616| |||||333,223|659,329|45,402|140,775|1,178,729|962,642| ## ## ## |Net Movement
ln Funds|||| |---|---|---|---| |The movement
offunds Is stated after charging|or (crediting):||| |||2022
E|2021f| |Depreciation
of owned assets||101,263|89,178| |Auditors'
remuneration||9,000|8,500| |Operating
leases —premises||54,667|48,186| |Hire of equipment||8,224|11,122| ## ## ## ## ||Tangible Fixed Assets|Tangible Fixed Assets|Leasehold|Computer|Office|| |---|---|---|---|---|---|---| ||||Improvements|Equipment|Equipment|Total| |||||E|E|| ||Cost|||||| ||At 1st January 2022||161,461|491,072|27,475|680,008| ||Additions|||86,575||86,575| ||Disposals|||||| ||At 31stDecember 2022||161,461|577,647|27,475|766,583| ||Depreciation|||||| ||At 1stJanuary 2022||64,588|236,216|10,992|311,796| ||Charge for the year||16,147|82,368|2,748|101,263| ||Disposals|||||| ||At 31stDecember 2022||80,735|318,584|13,740|413,059| ||Net Book Value|||||| ||At 31stDecember 2022||80,726|259,063|13,735|353,524| ||At 31stDecember 2021||96,873|254,856|16,483|368,212| |9.|Debtors|||||| ||||||2022|2021| ||||||E|E| ||Trade debtors||||50,036|57,334| ||Prepayments
and accrued income||||53,598|75,249| ||VAT recoverable||||51|1,709| ||Other debtors||||48|48| ||||||103,733|134,340| |10.|Creditors: Amounts|Falling Due|Within One Year|||| ||||||2022|2021| |||||||E| ||Trade creditors||||15,006|38,845| ||Other taxes and social|security|||8,320|9,017| ||Accruals||||39,769|61,129| ||Deferred income||||145,654|123,978| ||||||208,749|232,969| ## ## |11.|Funds||| |---|---|---|---| ||unrestricted
—general
fund||| ||At 1stJanuary 2022||1,624,383| ||Net incoming
(outgoing resources)||(32,443)| ||At 31st December 2022||1,591,940| ||The comparative
note is|as follows:|| ||At 1stJanuary 2021
Net incoming
(outgoing resources)||1,600,481
23,902| ||At 31st December 2021||1,624,383| ||Restricted —bursary
fund||| ||At 1st January 2022||7,650| ||Net incoming
(outgoing|resources)|(7,022)| ||At 31st December 2022||628| ||f.| |---|---| |At 1stJanuary 2021
Net incoming
(outgoing resources)|10,000
(2,350)| |At 31st December 2021|7,650| |The comparative
all relates to Bursary Fund|| ## ## ## |und balances at 3|1 December|2022 are represented
by:|||| |---|---|---|---|---|---| |||Bursary Restricted|Total|General|| |||Fund||Fund|Total| |Fixed Assets||||353524|353,524| |Debtors||||103,733|103733| |Cash at bank and|in hand|628|1 343432||1 344,060| |Creditors||||208,749|208,749| |At 31stDecember|2022|628|1 591,940||1,592,568| ## |leases as|

set out below:||||p| |---|---|---|---|---|---| |||Land &Buildings|||Other| |||2022|2021|2022|2021| |||E|E|E|E| |Operating|leases which expire:||||| |1-2years||31,972|52,983|7,709|9,324| |2-5 years|||31,972|8,652|16,494| |After five|years||||| |||31,972|84,955|16,361|25,818| ## ## ## ## ## |ources expended||||||| |---|---|---|---|---|---|---| ||Costs of|Conferences|||2021Totsl|2020 Total| ||generating|and|||Funds|Funds| ||funds
E|Education
E|Other
E|Governance
f|E|E| |Costs directly allocated to activities
Meetings
PubgcaUons
Education|93,890|22,165
90,858|||22,165
93,890
90,858|19,976
90,150
79,611| |Branch and Group Actlvlges
Engineering
Division
Subscrlptlons
Legal fees
Audit||1 326
19,194|21,881|5,068
8,500|1,326
21,881
19,194
5,068
8,500|2,014
24,603
21,510
1,006
8,500| |Accountancy
& taxation
Marketing
expenses
Bad debts|79,654|9,203||11,505|11,505
79,654
9,203|11,670
99,127| ||173,544|142,746|21,881|25,073|363,244|358,167| |Support costs effocated to activities
Staff costs|64,771|129,543|12,954|51,164|258,432|246,669| |Rent, rates and service charge
Light, heat and insurance
Hire of equipment
Computer fees
Printing,
stationery 8 dupgcatlng
Postage (Induding
Bugetln)
Telephone|11,980
1,505
6,109
287
502
774|29,950
3,760
11,122
48,878
2,302
4,015
6,967|2,994
376|14,976
1,879
6,109
287
502|59,900
7,520
11,122
61,096
2,876
5,019
7,741|53,570
6,486
11,394
42,311
3,203
4,093
5,440| |Committee
and management
expenses
Sundry expenses
Bank and credit card charges
Depreciation
Irrecoverable
VAT|1,606
393
2,624
8,917
4,393|8,774
969
6,122
71,344
32,951|96
2,197|24,087
480
8,917
4,393|34,467
1,938
8,746
89,178
43,934|30,386
1,070
9,631
74,074
48,755| |Travel|244|407|81|81|813|1,102| |Repairs and maintenance|1,984|3,310|661|661|6,616|4,661| ||279,633|503,160|41,240|138,609|962,642|901,012|