| Contents | Page |
|---|---|
| Members of the council and professional advisers | 1 |
| Council's annual report (incorporating the directorsreport) | 2 |
| Independentexaminer's report | 9 |
| Statement offinancial activities | 10 |
| Statementoffinancial position | 11 |
| Accounting policies | 12 |
| Notes tothefinancial statements | 15 |
| The Members of the Council | President and Chairman | D Punter | |
|---|---|---|---|
| Past president | D Power | ||
| President Elect | P Briggs | ||
| Members | C Aplin | ||
| K Ashton | |||
| G Hunt | |||
| C Jones | |||
| L Minton | |||
| P Roath | |||
| C Robins | |||
| J Russell | (appointed 9 Sep 2023) | ||
| A Simpson | |||
| M Taylor | |||
| M Wells | |||
| Officers | Finance Oficer | G Hunt | |
| Company Secretary | A Caims | (retired 1 Mar2023) | |
| R Warrington | (appointed 1 Mar2023) | ||
| Company Number | 0350568 | ||
| Charity Number | 273452 | ||
| Registered Office | 8 Lodge Farm Business | Centre | |
| Castlethorpe | |||
| Milton Keynes | |||
| MK19 7ES | |||
| IndependentExaminer | Carl Elsby ACA | ||
| Elsby & co (Sywell) Ltd | |||
| Thistle Down Barn | |||
| Holcot Lane | |||
| Sywell | |||
| Northampton | |||
| NN6 OBG | |||
| Bankers | Lloyds TSB | ||
| 22 Conduit Street | |||
| Lichfield | |||
| Staffordshire | |||
| WS13 6JS |
| Total Funds | Total Funds | |||
|---|---|---|---|---|
| (unrestricted) | (unrestricted) | |||
| 2023 | 2022 | |||
| Notes | ||||
| INCOME AND ENDOWMENTS | ||||
| Charitable activities | ||||
| Members subscriptions | 138,720 | 142,686 | ||
| FIEAsubscriptions | 12,024 | 12,550 | ||
| Tuitioncourse and exam fees | 12,449 | 12,510 | ||
| Salvagecode income | 23,373 | 18,749 | ||
| Conference income | 4,922 | 5,469 | ||
| Fundraising events | ||||
| Other trading activities | ||||
| Joumal sales | 28 | |||
| Investments | ||||
| Bankinterest received | 8,694 | 1 ,076 | ||
| Other | ||||
| Othercharitable income | 4,005 | 3,277 | ||
| TOTAL INCOME | 204,187 | 196,345 | ||
| EXPENDITURE | ||||
| Raising funds | 2 | 11,984 | 22,090 | |
| Charitableactivities | 3 | 246,124 | 198,304 | |
| TOTAL EXPENDITURE | 258,108 | 220,394 | ||
| NET MOVEMENTIN FUNDS | 1 | (53,921) | (24,049) | |
| Total funds brought forward | 628,181 | 652,230 | ||
| Totalfundscarried forward | 574,260 | 628,181 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Fixed assets | |||||
| Intangible fixed assets | 6 | 908 | |||
| Tangible fixed assets | 7 | 3,043 | 3,381 | ||
| 3,043 | 4,289 | ||||
| Current assets | |||||
| Debtors | 8 | 16,539 | 45,262 | ||
| Cash at bankand in hand | 610,236 | 638,774 | |||
| 626,775 | 684,036 | ||||
| Creditors: amounts falling due within one year | 9 | 55,558 | 60,144 | ||
| Net current assets | 571,217 | 623,892 | |||
| Net assets | 574,260 | 628,181 | |||
| Unrestricted Funds | 10 | ||||
| General fund | 572,951 | 625,702 | |||
| Designated fund | 1 ,309 | 2,479 | |||
| Net assets | 574,260 | 628,181 |
| 2023 | 2022 | |
|---|---|---|
| Netmovement in funds is stated after charging: | ||
| Auditors'remuneration | ||
| Statutory audit services | 2,300 | |
| Other assurance services | 2,454 | |
| Independent Examiners fee | 1,800 | |
| Depreciation | 338 | 430 |
| Amortisation | 908 | 2,165 |
| 2023 | 2022 | ||
|---|---|---|---|
| Public | relations | 11,984 | 22,090 |
| 11,984 | 22,090 |
| 2023 | 2022 | |
|---|---|---|
| Education and training | 35,233 | 45,779 |
| Salvagecode exam and project costs | 1,757 | 3,508 |
| Benchmarking verification costs | 4,085 | 2,010 |
| Conference costs | 10,908 | 4,399 |
| Supportcosts | 59,166 | 57,300 |
| FIEA costs | 9,208 | 9,536 |
| Regional/branch expenditure | 1,308 | 167 |
| Management and administration costs | 117,055 | 70,112 |
| IndependentExamination I Audit fees | 1 ,800 | 2,300 |
| Travel and council members expenses | 5,604 | 3,193 |
| 246,124 | 198,304 |
| Totalexpenditure | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Depreciation | Other costs | Total | |||||||
| 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | ||||
| Direct charitable | |||||||||
| expenditure | 1,246 | 2,595 | 120,419 | 120,104 | 121,665 | 122,699 | |||
| Fundraising and | |||||||||
| publicity | 11,984 | 22,090 | 11,984 | 22,090 | |||||
| Management and | |||||||||
| administration | 124,459 | 75,605 | 124,459 | 75,605 | |||||
| 1 ,246 | 2,595 | 256,862 | 217,799 | 258,108 | 220,394 | ||||
| Employment costs | |||||||||
| Thecharity had no employees during | the | current orpreceding year. | |||||||
| The members of the Council received | no remuneration during the | year. Expenses | totalli | ||||||
| 24,812(2022:23,469) were | reimbursed to 7 (2022:6) Council members. | ||||||||
| Intangible fixed assets | |||||||||
| Digital | |||||||||
| Leaming | |||||||||
| Platform | Total | ||||||||
| Costs | |||||||||
| At 1 January2023 | 6,500 | 6,500 | |||||||
| Additions | |||||||||
| At31 December 2023 | 6,500 | 6,500 | |||||||
| Amortisation | |||||||||
| At 1 January 2023 | 5,592 | 5,592 | |||||||
| Charge for the year | 908 | 908 | |||||||
| At 31 December 2023 | 6,500 | 6,500 | |||||||
| Net Book Values | |||||||||
| At 31 December2023 | |||||||||
| At 31 December 2022 | 908 | 908 |
| Computer | Office | ||||
|---|---|---|---|---|---|
| Equipment | Fumiture and | Regalia | Total | ||
| Equipment | |||||
| Costs | |||||
| At 1 January 2023 | 21,715 | 6,111 | 1,671 | 29,497 | |
| Additions | |||||
| At 31 December 2023 | 21,715 | 6,111 | 1,671 | 29,497 | |
| Depreciation | |||||
| At 1 January 2023 | 20,900 | 5,216 | 26,116 | ||
| Charge for the year | 204 | 134 | 338 | ||
| At 31 December 2023 | 21,104 | 5,350 | 26,454 | ||
| Net Book Values | |||||
| At 31 December 2023 | 611 | 761 | 1,671 | 3,043 | |
| At 31 December 2022 | 815 | 895 | 1,671 | 3,381 | |
| 8. | Debtors | ||||
| 2023 | 2022 | ||||
| Trade debtors | 2,517 | 1 ,831 | |||
| Otherdebtors | 2,230 | 1 ,899 | |||
| Prepayments and accrued income | 11,792 | 41 ,532 | |||
| 16,539 | 45,262 | ||||
| 9. | Creditors: Amounts falling due within one year | ||||
| 2023 | 2022 | ||||
| Trade Creditors | 15,791 | 10,373 | |||
| Othertax and social security | |||||
| Othercreditors | 488 | 1,317 | |||
| Subscriptions in advance | 36,424 | 46,954 | |||
| Accrualsand deferred income | 2,855 | 1 ,500 | |||
| 55,558 | 60,144 |
| Reconciliation of movement in tota |
lfunds | lfunds | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Funds | Unrestricted | Funds | |||
| General | Designated | General | Designated | |||
| 2023 | 2023 | 2022 | 2022 | |||
| Opening total funds | 625,702 | 2,479 | 649,751 | 2,479 | ||
| Net deficit for the financial year | (53,921) | (24,049) | ||||
| Transfers | 1,170 | (1,170) | ||||
| Total funds carried forward | 572,951 | 1 ,309 | 625,702 | 2,479 |