S¢•ffords Unit l. Cambridg¢ Ho c>t0 Bus1rSPark 0gkin8ton Ro*i Gwlon CgmbrKlg¢shi CB3 OQH
R¢prtofth¢ TnL#tes Indepen&thIEXi¢SRW¢ Stffl¢rA ofFiDallci8lknivltles Bajw Shxt Not¢$to the Fin]1 St&tsm¢nts 7t0 11
Tr In1¢¢5 present their rcport wilh the fin•n¢ial $18temertts of th¢ chllrity for thE year erthd 31 DeecmbeT 2023. Thtr IN¢¢8 hav¢ the proviwns of the c111¢S S.JRP (FRS1021 'Accountill8 and RcFQrtin8 by Chwiiies.. Staiern¢nt of Recomm¢nd¢d PMffii¢¢ appli¢able 10 chtsrilies PTCPgrill2 the Hc¢ourtts in Ordnce 'th iht Financiil R¢wriin8 Siandard$ &pplicab]c in th¢ UK and R¢public of Ireland IfRS 102llcffc¢iive l 20151.. FinwKial K¢pDrfing Simd8Td 102 'Thc fitwicial R¢pDrtin8 Si&ndord applicabk in th¢ UK R¢publi¢ of Ir¢W' and th¢ Lhatitics kn12011. STRucrtlRF., GOVERf4ANCEAP4D MANAGEMENT Govtrningdo¢umtttt The ¢hwity LS controlled by its8OVerninB &J¢Athien( ath¢dof trusL •md Consti1¢$ an unuJwrtx)rated drity. The gov¢minB docurnEnl is con1uallY reviewed following ils original a(bption OTh 17 May l978, with th¢ rwrent optrAlive ttvision of Ihts 8overning thcument that am¢rtded on 28 April 25. Rtcrultrntnt and appointmeMI of htwtruJtre> Nominolions for Lounril Iiho board of ¥6laied purtyl from mcmbers mu b¢ protnscd secondcd and in hgnds or Ik 8e¢r¢iw b>. Dr¢ember 3 Isl. Memlxrs al ihe AGM 2016 prow)5cd •nd seconded Ihal only the Society'$ President d Otrtc¢¥s ITalr, Scortiory. Mcmbership S¢cr¢iary, Awurd¥ Sccwl arc formin6 Ihe knard of Inisices. li $holl the duty of CounGil io Mb¢r5 for ¢leciton to the oif1tt5 of Presid¢'D( Treosur¢r, Se¢rLiary. M¢mbership Secteiary, Editor of Ihe lotsmal, Editor of Ihc Ejullciin, Archivisi. Web MJnMgLr. and Awirds sc¢lAry. •nd for th¢ vacancies in th¢ Cowicil c&u3cd by omuol retirem¢ni. Nomsnolions from Ihe mcnikr$ Jnd from Coutxil thall k Subrniiicd kn th¢ Society with notic¢ convening the Annual liMer81 Mceithg which 5h411 bc sent 10 e%¢ry m¢mTrrof th¢ Society 1¢$$ Ih8Th fouFl¢xn days Fxforc th¢ Meeting. In the case of a VcaY in ony nJfie¢ of Ihe Society. or in Ihc Coiincil, olT thon by way of ¥esi¥nalion or iTern¢n¢ in the Anniial (i¢nEr#l M¢eiin8. Ihe Council shall hav¢ PViV¢T Jppoini a iemwrar>' Council m¢mb¢r 10 varyn£y until th¢ next Annual (¥¢neral Mocling. llbk min8gtm¢ttt The trusleu hov¢ 8 duty lo idrniify ¥nd review thc ii5k$ lo which the charity 18 expsuj ensur¢ 4Jpropriat¢ contro15 8Te in place lu wvide rewngblc ogainst fT&ud and error. In parti¢ulu'. (Al Admiysion ft¢$ atJd onnuHI $ubs¢riptions $holl be $uch sums 89 may b¢ denlI by è SpKial G¢n¢yai Me¢tuig conv¢n¢d iind¢r Riik VIl¢l, or ai Ilic Anniisl Gcnoral Me%liD41. Ibl SubxTiMions shllll k due on th¢ Isl of janu in each y¢UT,' in Ihv ¢8se of memkr. immcdi&¢ly aftrr ¢kthion. MembrTS clrclrd durin8 the Mon1 of Novemt¥r orKI D¢Mb¢r. liowever, $h811 noi bc 4VId to pay lor Ihe ycat in which they are ¢kded. Irl Any memb¢r cwr¢nl $ubscriMion has noi b¢cn wceivcd in full by 31 Jy#u#ry Shall k remin(kd ofthc 8rrears in siib5cripliort and inlomiL'd iliai d¢swcl) of 1¢ Journal Tr$ SusndEd UDIII ikn nTfcuTS sre poid. Np mem1 whos¢ 51lbs1pt0n is liillve monllis in arrLsrs sliall b¢ crtiiiled lo wy of Ilic priviIe8es of Ihe Society, ?od any mcmb¢r ho8c sub$¢ripiion 1$ two y¢ars in antsrs $hBII c¢age 10 be a m¢mber ol'ihr &)ciety. unlc$$ ihe Coun¢il thcide oihErwisc. {d} ThE Cowjcil shall vY9¢ publici% the tondi¢ioM of thc So¢i¢ty's awwds 4nd yanls from time to timr. {¢} For thE FNllP)se of kgai proltction of the ptDFrty of ItK So¢iety, all furtd$, knok5 aknd other prop¢rty shall be thciarcd vrsled in Cowithl &8 the Soci¢ty's TnJsteE5. It) The Counril sh[ ¢aus¢ kepi MiDu%es of Cotil and Spritty M¢eting5 kS of gccoiinl sn respcci of dll r¢c¢ipls, pxym¢nl8 8s5¢1$ and liabililiw. Accoiints slioll be pr¢senitd lo ¢a¢h Annual Gen¢rnl Mcrt5ng for approvAI by TneMr3 8nd $u¢h aceounls sliill be auditcd or in(kFxndcntly&rnUKd te. Page I
OWECTIVES AND ACTIVIIIFS Objtctivu And hi•1 The 8ov¢rning ¢knment coThtsin% ts fo11DWll in re]dtion to the obi¢dive of ts ¢htrity: Th¢ obj¢c15 of th¢ SocKty are to advance edu¢siior4 resea gnd le8rnll for the publt¢ b¢ncfii in th¢ Mudy ofmollLL from IK)Ih PUT¢ fjnd In furtherwK¢ of Ihcse obA bul not fLtrth¢Tor herwIse, the Soci¢ty shall txve Ih following p>w¢r5'. lal To ryomotc and Ccpordinatemeetings wnd synwsi4 Ib) To womote and t£thinate res¢•r¢h both pe 8rtd applied; {¢) To Fyovith foTthr Wr1dWIth di53¢minath)n of the usem rtsujts of Euch f¢g¢4rth by publi¢ation of thty Journal of Mollw¢en Studies.. Id) To prizeshi outskndin8 sttthnts in the ft¢ld of mot1¢8n biokjgy.. {el To4waTd r¢s¢4rth8ts to ir¥Jividuais whi¢h will &lvan¢e th¢5bJty of mollUsn bioloBy' (Q Todo all 3u¢h as will fierthe obieets of the Soci¢ty. Sl8nlfk•nt •¢¢lwli In 2023 ihe Malacolu8i¢#l Society of London held an in-pcrson AGM me¢lin8 wilh the hybrid SymF4)sium "Williojn Bcn)n and Ihc golden of malattslD8y in India" and Ihc anttii•l Molluscan Forum for Youthg %cicntis1$ w&$ dso ld as u liybrid meeting will? in"rKrson and onlin¢ prexcnlaliDns.'fiie So¢icly piiblislYd Ihe membEiS' bulletin'7h¢ maC01081sI Ind in corq)rrolion wiih Oxford Univtrjity Pr¢55"Journ4J ot'Mollus¢An Siudiej" Publit btntfil The Chity'S objects are for th¢ publie nefit bEcauR increpsin8 public knowkd8e 1$ T¢oJired &$ they forni an imwrfRni part ofih¢ glotral biodivtr5ity and ec05y$l¢m Aability which can hÈv¢ ¢ffects on hurn heth ond are4 human food g)urcc. ACHIEVEMENT AND PERFORMANCE CTharil#bk irffvitki In 2023 Ihe main ¢horitsb]c activitie5 were the funding ofninc ECR and hvo SCR re8eorch pr(kje¢ts. of which all were claimed. Ilolal cosl of£15,8121. th¢ support of eigh¢¢cn snjdents to attend conf¢T¢rKes and Icn 51udents Att¢nd Ihe Mollusr4n forum1£7807). and support l(k Ihe ot¥aniui¢un ufthrcc mala£olo8i¢al ¢onfercnc¢$1£4,9651, well as wv¢rin8 priniing ¢08t% of# F)Dk on Bensott's malacoloRi¢al biodiversity work in Asi&1£6.7271. FINAIYCIAL REVIEW ThE finonccsof Ihe Mala¢olo8ical So¢icly118ve eTh Pleill$ dwing 2023 wiih an overall 8Nlrt of £42,372. This 1$ explJin¢d bya gain in th¢ Fixed Int¢r¢3t Investment fvnds 8nd dcspilt Si8nifir4ntly highet aiyards and m¢£ilng eXndItUre MpT¢d to 2022. The knt&l fiu)ds of tht Mai4¢oloEitsl are £528256. of which £101.033 are in iath deposils 8nd £440,531 6Th u[strIcted fimds. Sep8rRly, the prof1te from the publicattth of tk Journal of Mollusc8rt Snjdies in 2023 provided Ih¢ Society ryth mosl ofil$ incon)¢ conttibuling £44.091 comp¢41 to £43,431 in 2022. This ye8r OUP Provided info&110 oth 5alcs of the di8i18J arcliivts l£l,1191. lThe EdI>T of the Journal. Dr Dinw7Arde Rth¢¢m, and th¢ Assisknl Edilors are to ornmended for their hord w)rk contribulirtg to thc publication of our s¢i¢ntific jOUTD?I. In 2023. $ignifiunlty more fimds were sy¢nl on tr8v¢I 8JJd meeting related sr¥jing being £9,815 1 £&577 in 2023 compared ¢0 £2840 1 £6423 in 2022, wliilc Spending for earth awards, 1£15,81218djusied pre-pandcmic levels. Thc Socicty IMSLI sp¢ni niorc nioney in 2023 wmpared to 2022. Illi$ matijly bas¢d on mo¥e exp¢ns¢s pd (or rescard Iravel Ad mttiing aw•rd& well 8$ the Bcnson Ixy)k. Page 2
REFERENCE AND ADMINISTRAIIVE DETAIIS Rtgisttred Charity humbtr 275980 Prlnrlpl •ddres¥ clo Briii5h Antwth Survey High CTOSS mad8]eY Ro CAMBRIDGE CB3 oEr Trystti J Abldt DT H Wood DrKLin DT D¢bbie Wall Paknér President M¢rnb¢r3hip Secret Hon. Trea5111 Hon. Secretary Awwds Offic Indtpend¢n¢ ¢xamlnff Stcven Ellis FCA Siafford8 Chart¢rrd Unit I, CJJnbridBe House camr0 Busine55 Pwk CAM]JRTD(i CambTidgeshiTe CB3 Approvvd by or&r of tho b0d0r trystee80n.........,. Q&2Y . 8nd gi8ned on its b¢haif ty.. Abie¢l. Trns P&8e 3
I r¢wkrton theaco)untsfor Iheye8rend¢d 31 DtcernbEr2023 8etoth on Foges five t¢]L Rup¢¢ifve rupowlbilititj of trts txamhneT Thc ¢hariWs truyiees OTe rE5ponsibk for th¢ preparation of thE aC(4)unts. The charitys trL¥tre5 consider that 8n audii is t required for this ye4r Section 144(2} of t Chariiies Act 2011 (th¢ 2011 Aa}} arwj that art extminatson is required. It l5 my resp)tsibility lo.. examine th¢ Hccounts under Section 145 ofth¢ 2011 Act follow th¢ PTQ(%dure5 iAid down in the CrtrKr Dir¢clion$ giv¢n by the Chity Commission Iwjder S¢ai 145(Sllb) Of 2011 Acll.. and to 818te whtsrparticulet mitters have come10 rny attention. B•sli of tht Ihd¢peDdent txminer'J reptsrt My examinaiion was caryied out in &CrdanCe wlth Ge1 DiTcciionJ given by the Charity CommissioTh An examinaiion includes s ¥l¢W 41fihc ac£ouniits8 fc¢oTds kem by Ihc charity a compnrison ofihe a¢£ounts prc5¢nied willi th05¢ recorits. li a150 in¢lud¢$ ¢onsidcr&iion of any unu8ual ii¢m5 or disclosurE$ in the aoU and s¢¢kin8 explan&iio#$ linm you &% tTUSkcs ¢on¢errrittg any SI17 m#tt¢r5. The pro¢¢durcs undertoken do noi providB lh¢ evithnce thai WOLJd k required in an audit. and conseqn17Y no opinion 15 giv¢n as lo whelh¢r the accounts pr¢8enl a 'm% f&irvyEW' AAI the Tewrt is limiltd lo Ilb)ye maners s¢aoul in th¢ sWemenl$ b¢low. ImdepenO¢tht examknEr'i stitement In connection wyth rny examllMiior4 no m8tterha9 o)me to my ¥t¢¥)tion'. wlu¢h gives me re*>)n&ble cwse ty believe in any mtrIal resp¢cL the keep accounting Tecords in [dance with S¢oion 130 of IIK 2011 Acl.. io pi¢pwe QCCOUnLq which accord wilh the accouniui8 r¢r4 and to comply with t accowtti requiretn¢nt$of the 2011 have not k¢n met; or (21 lo which. in my opinioru •tt¢i)tion sknuld thuwn in order io ¢nthk a PTOW urykrstlt1tsS of the aecowiis io be hed. Steven Ellis FCA Staffords Ch4n¢r¢d A¢rA)untAnts UThit I, Cambridge Hou5¢ CBmboTO Bu5uKss Park CAMIIRIDGE Cambridgh1 CB3 OQH Pase 4
The Malacolotyul Societyof Lond¢) Statement ol Finan¢l•l aeitl¥ltl•s Ilncorporatlng an In(orn• and expenthture •ccowrtl for the year ended 31$t December 2023 TOTAL 2023 TOTAL 2022 Note INCOMING RESOVRffS Incomelrom Athltle5 olihe Ch•rity Member5, Subscriptions.. Qjrrent Year Collectlon of Sub5crlptlon Arreors OUP.. Incomefrom Journ31 Publitatlo IDcome from sale of Diwtsl Archive Sundry Income Donatlon5 Income from Irb¥•th•nti Interest Oiwdends TOTALINCOMING RESQURCES 3,010 3.035 44,092 1,119 43.431 33 93 21 50,720 49,333 RESOUACE5 USEO A[# AThnual Award WCM Award Resoarch Awards IEarty career & Senlorl MalirolDlcal meetln8 awards SW 500 zrKJ 17,534 3,523 15,B12 4,Y65 Travel Bursarles for conlerence$ Travel awords.. AGM Travel award5'. Forum 7.807 368 i.soo 31.092 Z4,597 Dlr•dly Rd•tlngto Wowkof thlrlty Journal expense5 Imembei fees) Journal colour plates Jornal ed¢1 expenses, Incl ffje•fjn8s Ma1acoSo815t Expethse5 Meetlng Expen5e5 Independent Èxamlners expenses Councll Meeln8travel expenses Web $e5 P05ts8È. PrfntlnÉ & Stthonary Charge5 for cc5ubscrlptlon colertlon 8ank charges 5undries 2,146 2,491 1,722 577 3,612 1.308 2,059 1,549 2,ICA) 2,g¢X) 1,248 617 56Q 59 563 58 404 Totrl 5&414 35,72S NEfiNCOME 13,610 LOSSIGAIN ON REVALUATION OF FIXEDASSETS 42.372 43,663 NeTMOVEMENY IN FUND5 41,679 30,052 TOTAL FUNDS BROUGHT FORWARD 486,577 516.629 TOTAL FUND5 CARRIED FORWARD 52¢256 486,577 CONTINUING OPERATIONS l in¢gm8 and oxpenditure has arisen fvom continuing aetlvltle6. P8oe 5
The Mala¢ological Sodetyof London Balance Sheetat 31 December 2023 Note 2023 2022 FIXEO ASSErs Tangible Assets 440.531 398.158 CURRENT ASSESTS Debior Cash at 8anks CREDITORS.. (Amounts lalling due wlthln one yearl li 101,033 13,308 101,667 io NETCURRENT ASSErs 87,n5 88AIg TOTAL NET ASS 528,256 6.577 FUNDS Unrtstrfrted IDes18natedl: Annual Award Fund CM Yonge Award Fund Centenary Research Award Fund li li li 6,500 9,250 80,000 95,750 6,SQO 9,250 95,750 li Gèneral reservo Fund 432,506 390.827 TOTAL FU14DS 528256 4845 Katrln Llnse Honorary Treasurer & Trustee jonathan Ablett Presldent & Trustee Dated D8ted
The Mala¢ologlcal Society of London Notes to the Finandal Ststements for the year ended 31st December 2023 I. ACCOUNnNG POLICIES Ba515 of Preparlng the Flnènclal Statemtnts The financlèl ststements have been prepared In accordance wlth the Charltles SORP IFRS 1021'ActountinB 8nd Reportln8 by Ch3ritie5.' Statement of Retommended Practice applicable to charltle5 preparing thelr accounts in accordance with the Flnaniial Reporting Standards appllcable In the UK and Republic of Ireland IFRS 102lleffective l January 20151,. Financlal Reportlng Standard 102 The Financial Reporting Standard applicable In the UK and Republic of Ireland, and the Charlties Act 2011. - Thè SORP normally requlres a cglumnarfomat, in thls entltles ca5ethe trustees, vlew is th5s1s not approprlète as there are nelther restricted funds nor endowment funds and $0 311 of the activity in the vear would fall wlthSTh the unrestrlcted fund tolurnn. A¢ntIng Conv•ntlon The IlnaThclal statements have bèen preprared under the h15torlcal cost ¢onventlon, except for those iiems descr5b¢d immedlately btlow. -The histor5c c05t basis of accounting is used except for Investrnents, whlch have been Included at thelr market value where readily &vailBble at the yearend date. Golng con¢•rn The Trustees conslder that there are no materlal uThcertalniies about the charlty'5 abillty to contlnue as è golng con¢ern. R•conclllatlon wlth prev5ou* G•nef•lly A(c•pted Actount5n8 Pr•¢tlce In preparlng thè accounts, the trustees have consldered whether in applyln8 the accountlng policles required by FRS102 and the Charltles SORP FRS IOZ the relnstatement of comparatlve Items was requlr¢d. In the case of this chaflty. Tho chan8e5 were rnade. Fund •ccountln8 The 5oclety fund5, Includln8 lund5 available lor awards. are not subject to any restrlctlons regardlng thelr use. and are available to be used lor the general purpose5 01 thÈ Chartty. Consequently they are classlfied as'Des58nated Funds,. T•x•tlon The charltyls exempt from tax on charltable actlvltle5. $18nlllc•M lud8efflents Apart from those judgernents involving e5tlm8tlon5. the managernènt has not made any lud8ements In the process of applying the entity'5 accounting pollcles that have slgnlflcant effect on the arnounts recogni5ed in the accounts. There are no key assumptions concerning the furure or other key sources or estlmatioTh uneertaSnty at the reporting date that have slgnlficant rlsk ol causing a materfal adjustment to the carrying amounts of asset5 and Ilabllitie5 wlthin the nèxt reporting period. FSnan¢lal reportlng standard 102- reduced th5¢1osvre exwnptlon The Charity has taken advantage of the lollowing disclosure exemptlon In preparin8 these finantl81 statefflents, as permitted by FRS 102 rhe Fln8ndal ReportlDg Standard appllcable In the UK and Republi of Ireland,: the requirements of Section 7 Statement of Cash Flow5 R•sour¢•s Empendqd P8go T
The Mal•¢ological So¢iety of London Note5 to the Hnan¢lal Statements for the year ended 31st December 2023 Expendlture Is accounted for on an actNals basis and ha5 been classlfled under hrddings that ag&re8ate all cost related to the category. Where tosts cannot be direct attributed to partlcutsr headln8Sthey have been •lloc8ted to activities on a basis conslstent wlth the use of Tesourtes. Incomln8 Resources All incgme Is reco8nlsed in the Statement of Financial Attlvlties once the tharlty has entltlement to the funds, It is probable that the Income will be received and the amount can be measured rellably. For•l8n ¢urren¢les - Asessts and Ilabllltles in forelBn Currencies are translated Into sterlln8 at ihe Trtes of exchèn8e rulln8 at the balance sheet date. Transactions In forel8n currencle5 are tranlated 5nto sterlln8 atthe rates of exchange rullng at the date of transactlon. Exthan8e dlfferences are takén Into account In arrine at the opèratlng result. In¢ornln8 RourteS and Resouf¢•i used - Sub5crlptk)ns for annual rnembershlp ire treated asfollows: Pre.pald In prloryear Pald In current ye8r Unpald at 31st December Subsequently rece¥ed Incomlng Re50urce.' subscrlptlons Not 5ncluded In account5. No debtor Incomlng Resource.. collectlon of subscflptlons In arreÈrs The costs of the Socletylournal and supplements are wrltten off In the year of Inltlal distrfbutlon. . The Proflt Share frorn Oxford journals Is Included In the year of recelpt and not accrued. The amount ol Proflt Sharè cannot be determbned accurately by OUP untll 8fter the Soclety's AGM. 2. SALE OF THE DIGITAL ARCHIVE BY OUP Slnce 2010 the sale of the dlgitsl archlvÈs by OUP has 8ènerated a wlndfall proftt of £13,969 In 2010, £9,284 In 2011, £7,299 In 2012, £10,068 in 2013, £7.827 in 2014, £10,590 In 2015, £2,805 In 2016, £10,429 In 2017. £4,238 In 2018, £1,352 in 2019, £506 In 2020 and £1,119 In 2023. 3. INTERESTS & DIVIDENDS Income has been derived from the followlng sources and has ben applled to funds as Indicated.. 2023 2022 Sources COIF Depostt Fund Interest COIF Flxèd Interest Fund Dlv6dend COIF Investment Fund DIdend 2,337 2,813 1337 213 Beneflclary Revenue Fund Annual Award Fund CM Yonge Award Fund Research Grants other Funds 742 122 172 1,301 2,337 893 147 207 1,566 2,813 4. IOURNAL The surplu5 resulting from publication of theJournal15 85 follows 2023 2022 Profft Share from OUP Less: sales of dig6tal archive5 45.211 1.119 43,431 P8oa 8
The Malacdo8ical Society of London Notes to the Flnancial Statements for the year ended 31st Dtcember 1023 Profit Share from OUP re Journal Less:printing eosts provisionin8 plates Editor & CM meetln8 expenses Underlover-provision in previous year Surplus on publicotlon of the Journ¥l 44,092 12,(XXI - 43A31 12,000 1.722 9,854 40.224 2.100 38A39 5. RELATED PARTY TRANSACllONS AND TRUStEfS' EXPENSES No Trustee or Counc51 Member has recleved any renumeration durln8 the current or prevlou5 year. Expenses paid by Trustees and Council MÈrnbers on behalf of the Soclety have been relmbursed during the current year as follows. Trustee Ablett od8SOll SleS8ht Whlttle Grahame Grahame Wood Raheem Wood Lln5e Llnse Hod850n Whlttle Cameron Fenberg Ablett Grahame Raheem Linse Raheèm Dussart Du5sart Dussart Dus5art Ablett Hollyman Llnse Whlttle Cameron Goulding Grahame Date 11.01.23 18.01.23 18.01.23 18.01.23 13.02.23 13.02.23 13.02.23 13.02.23 14.03.23 30.03.23 30,03.23 30.03.23 30.03.23 30.03.23 30.03.23 30.03.23 17.07.23 17.07.23 17.07.23 21.07.23 25.09.23 25.09.23 25.09.23 06.11.23 14.11.23 14.11.23 27.11.23 27.11.23 27.11.23 27.11.23 07.12.23 Reason 135.48 Forum receptlon 113.15 CM iravel 214.23 CM travel 53.70 CM travel 322.60 CM travel 89.00 CM travel 111.99 CM travel 861.00 JMS edlt support 116.49 CM travel 62 CM travel 367.95 AGM dlnner 105.90 CM travel 40.00 CM travel 51.30 CM travel 30.40 CM travel 56.67 AGM receptlon 120.85 CM travel 861.00 IMS edSt support 30.40 CM travel 1.400.00 Sn81110 wot*shop 140.46 Malacologlst 2022 157.20 Malacolo8ist 2023 120.87 Malacolo6i5t 2020 158.39 Malacolo8lst 2023 141.31 Forum receptlon 2023 1.640.cx) Forum Travel awards 56.90 CM trovel 56.90 CM travel 60.75 CM travel 269.47 CM iravel 153.20 CM travel & MEEtING EXPENSES The followin8 costs have been incurred on meetings for the Sotiety: 2023 2022 AGM.. Speakers travel 368 Pao0 9
The Malaeologlcal Sodety of London Note5 to the NnaKlal St•tements for the year ended 31st Decembér 2023 General Dinner Zoom Iravel Receptlon drfnks 139 91 1.340 Forum.. 276 226 Adobe Benugo Securlty Travel Zoom (Feblmarchl 2,736 92 Councll.. 391 5,619 4I57 7. GRAKt5 AND AWARDSTO INSTITLfTIONS Althou8h 8rants and awards a glven to Indlvlduals, In rnany cases those IndSvlduals are ffillated with an Institutlon. Underthe SORP, the Soclety is requlred to glve an anèlysls of the raryle of lThstltutlons forwhom grants Jnd awardsare pald.. Earfy Career R. Grants.. 1.SOD NSTRC, Argentlna 1.400 Imperlal College, UK I,SOO Unl Rorna. Italv 1,485 Unl Rorna. Itaty 1.334 Unl Abderdeen, UK 1.500 Unl Southampton. UK 1,400 Unl La Sapenza, It8ty I,SOO Unl Phillppenes, Phlllppenes 1,500 Unl Hon8 Kon& Honé Kon8 Senlor Research Grants 1,493 Uhi Lodi, Poland 1,200 The Mlll House. UK Totol 15012 In the year the total amount of 8rants to Instltutions w85 £13948. O. INVESTMENTS In 2023 no fund5 were transferrnd to the COIF InvestmeN fuTrd and to the Flxed Intere Fund. The followln8 Investments are held as ?t 31st Otcember 2023 Number of vntts Prlce Market Value 31-Dec-23 31112120223 Sook Value 31-Dec-22 COIF Investment Fund (Accumulation Unitsl COIF Flxed Interest Fund 1.364.59 248.OiK13 338,419 301,164 83,479.39 1.2232 102,112 440,531 96,995 398.158 These Investments have been valued at market price1£440,5311 In the Balance sheet, wlth appropriate adlustment1£42,372 £0 transfers) for the Increasè In thelrvalue1£42,3721 In the Statement of Financial activities as an unreali5ed 8aln. Pwlo
The Malacolo8i¢al Soclety of London Notes to the Flnanclal 5tatsments for the year ènded 31st December 2023 9. CASH OEPOSffS The followinB attounts are held and the balance5 in each account are.. 2023 2022 COIF Deposft HSBC 8ank Current Account Total 2,216 98,818 101,033 2,123 99.544 101,667 10. CURRENT ASSESTS & UABILITIES The following debtors are out5tandln8 2023 2022 Forum Travel awards not used Th• followlng credltors are out5tandlTh8'. 2023 2022 Sotlety Journal Iprovlslonl Accruals 12.000 1.308 13,308 12,000 1,248 13248 IJ. UNRESTRICTED FUNDS The followln8 movements have taken place wlthln the Sts¢lety's four design8ted funds: Revenue Annual Award CM Yonge Award Reseath & other Award5 Tctsl B•lan¢•: lrt J•nu4ry 2023 Interest Earned Grant5 Allocated Surplus.. 2023 B•l4nc•: 31st O•c•m1r 2023 390A27 742 9,250 172 80,000 1,301 15,812 14,515 80.004 486.577 2.337 16.312 55,654 528256 122 40.933 432.502 378 6.5110 172 9250 The Trustees can, by resolutlon at one of thelr meètln8s, re-de51BnJte these funds for other purpose5. Page11