2021-12-31-accounts

		Page
Trustees' report
Independent auditors'	report
Statement of Financial	Activities
Balance sheet
Notes to the financial	statements	13

British Educational Leadershlp Management and Adminlstration Society Limited Independent Auditors. Report to tho Mombors of British Educational Leadership Managemenl and Administration Society Limited (continued) The extent to ￿lch our procedures are capthe of deterThJ irregularities, induding fraud is detailed below. The challtable company 1$ subjec¢ to laws and regulatws that dir• arKI indiredy affect the financial statements. Based on our undefstanding of the charitable company 8fKI the environment it operates wf(hin, we determined that the laws and regulations which were most 5ignfficanl included FRS 102. Companies Act 2006, Hea51h and Safety regulations arKI the Charrties Act 2011. We considered the exlent to which non-compliance with these laws and regulations might have a matersal effect on the financial slalements. induding how fraud might occur. We evaluated management's incentives and opportunits'es for fraudulent manipulation of the financial slalemenls {including the risk of override of controls). and detemiined that the principal risks were related lo the posting of inappropriate journal entries to improve the company's resutt for the period, and management bias in key accounting estimes. Audst procedures perforn￿d by Ihe engagement team induded: Discussions w7lh management and those responsible for legal compliance procedures within the eharilable company lo obtain an understanding of the ￿al and regulalory framework applicable to the charitable company and how the charitable comparry complies with that framework, induding consideration of known or suspected in51ance5 of non-compliarbce with laws and regulations and fraud,. Reviewing minutes of Board meetings", Identifying and assessing the design effectiveness of controls thal management has in place lo prevent and delect fraud and non-compliance with laws and regulations.. Challenging assumplions and judgements made by management in their signthcant accounting estimates. Identifying and lesling journal entries. in paTlicular any joumal entries posted wlh unusual account combinabons or posted by senior management. There are Inhe￿￿1 limitations in the aL￿1t procedure5 described above arHd the more removed non-compliance with laws and regulations is from the events and transacbons reflected in the financial statement5, the less likely we are lo become aware of rt. A50, the risk of not deleth.ng a material misstalemenl due to fraud is higher than the risk of not delecling one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations. or through collusion. A further desCript￿n of our restKinsibilitEs is available on the FInar￿la1 Reporting Counul's website at.. www.frc.org.uklaudrtorslaudil-assurancelaudil0r-s-responsibilrties-for-th￿aUdrt-Of-the-f￿desCrlPtIon-Of-lh8- auditols-responsibililies-for. This description foms wt of our auditorfs reporL Use of our roport This report is made solety to the charitable company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 20￿. Our aLKlitwork has been undertaken so that we might stale to the charitable company's members those matters we are requiTed 10 5Lgte to them in an auditorfs report and for no other Pufpose. To the fullest extent permrtted by law, we do not ac￿p1 or assume responsibilty lo anyone other than the charitable company and the charrtable cimnpany's memters as a body. for our audrt work, for this report, or for the opinions we have fomed. Simon Bladen. Senior Statutory Auditor For and on behalf of Hawsons Chartered Accountants, Ststutory Audrtors Pegasus House 463a Glossop Road Sheffield S10 20D 27S Date.. 2022 10

					(as restated)
		Unrestricted	Restricted	2021	2020
	Notes	Funds 6	Funds f	Total 6	Total 6
Incoming resources
Charitable activities		226,275		226,275	260,687
Investment income		2,701		2,701	2,302
Total incoming resources		228,976		228,976	262,989
Resources expended
Chaditable activities		18,355		18,355	9,215
Operating costs		235,199		235,199	171,502
Total resources expended		253,554		253,554	180,717
Net incoming
resources before transfers		(24,578)		(24,578)	82,272
Transfers between funds
Net movement in funds		(24,578)		(24,578)	82,272
Funds brought forward		509,808		509,808	427,536
Funds carried forward		485,230		485,230	509,808

			Notes		(as restated)
				31December	31December
				2021	2020
Fixed assets
Intangible assets Tangible assets			10 11	2.'l32 7,491	4,266 6,213
				9,623	10,479
Current assets
Debtors Cash at bank and	in	hand	12	571,500 511,110	596,750 446,824
				1,082,610	1,043,574
Creditors —amounts due within one year		falling	13	(607,003)	(544,245)
Net current assets				475,607	499,329
Total assets less	current
liabilities				485,230	509,808
Net assets				485,230	509,808
Charltyfunds
Unrestricted funds Total charity funds			15	485,230 485,230	509,808 509,808

			Year ended
			31December
			2020f
Accruals and Funds brought Turnover	deferred forward	income	10,262 (9,881) ~331

				2021f	2020f
	Interest on	cash deposits		2,701	2,302
3.	Income from charitable		activities
				2021f	2020f
	Charitable	activities:
	Annual conference revenue			5,749
	Publications			200,029	240,169
	Membership	subscriptions		20,497	20,518
				226,275	260,687

Expenditure
		2021	2020
			F
Annual Conference		31,967	9,270
Wages and salaries		89,006	84,591
Other staff costs		4,800
Stipends		16,500	11,500
Travel and subsistence		4,561	5,041
Website costs		10,258	5,925
Rent and rates		16,839	17,817
Telephone and fax		11	2
printing, postage and stationery		417	695
Office equipment		12,409	11,112
Legal and professional	fees	9,265	3,810
Bank charges		2,788	1,758
Insurance		656	586
Storage		2,116	1,967
Sundry expenses		7,688	185
Other charity operating	costs	22,682	14,710
Depreciation offixtures	and fittings	1,102	1,016
Amortisation		2,134	2,134
Grants		18,355	8,600
		253,554	180,717
Allocated
Charitable activities		18,355	9,215
Operating costs		235,199	171,502
		253,554	180,717

The total grants paid to individuals	during the year was as follows;
		2021 8	2020f
Grants		18,355	8,600

		2021	2020
		E
Auditors' remuneration		6,950	2,710
Depreciation		1,102	1,016
Development	costs amoitisation	2,134	2,134

Staff costs
	2021	2020
	E	E
Wages and salaries	80,618	80,403
Social security costs	6,348	2,266
Pension costs	2,040	1,922
	89,006	84,591

10.	Intangible fixed assets
			Development
			costs
	Cost
	At 1 January 2021 and 31 December 2021		16666
	Amortisation
	At 1 January 2021		6,402
	Charge for year		2,134
	At 31 December 2021		8,536
	Net book value
	At 31 December 2021		2,132
	At 31 December 2020		4,266
11.	Tangible fixed assets
			Fixtures
			and fittings
	Cost
	At 1 January 2021		11,127
	Additions		2,380
	At 31 December 2021		13,507
	Depreciation
	At 1 January 2021		4,914
	Charge for year		1,102
	At 31 December 2021		6,016
	Net book value
	At 31 December 2021		1461
	At 31 December 2020		6,213
12.	Debtors
		2021	2020
	Trade debtors	511,380	511,380
	Other debtors		2,375
	Prepayments and accrued income	60,120	82,995
		571,500	596,750

13.	Creditors
			(As restated)
		2021	2020
		8	F
	Trade creditors	6,390	1,712
	Social security and other taxes	1,567	1,279
	VAT	578,361	526,393
	Accruals and deferred income	20,685	14,881
		003003	544,345
14.	Deferred income
		2021	2020
		8	6
	Balance at 1 January	10,262	9,881
	Amounts released to income	(10,262)	(9,881)
	Amounts deferred in the year	7,832	10,262
	Balance at 31 December	7,832	10,262
15.	Unrestricted funds
	Balance at 31 December 2019(as restated)		427,538
	Net movement in funds for the year		82,853
	Prior year adjustment		(381)
	Balance at 31 December 2020 (as restated)		509,808
	Net movement in funds for the year		(24,578)
	Balance at 31December 2021		485,230

Financial	commitments
				2021	2020
As at 31 December the annual		commitments	under non-cancellable	8	6
operating	leases were as follows:-
Due within	1 year			10,658	20,723
Due within	1 to 5years				19,187
				10,658	39,890