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2023-12-31-accounts
| 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 |