## ## ## |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| ## ##