| Trustees | Professor J Quinn, General Secretary (appointed 1 January2024) |
|---|---|
| Professor E Bignell, President (appointed 1 January 2024) | |
| Mr D Harries (resigned 1 January 2025) | |
| Professor P Dyer, Treasurer (appointed 1 January 2024) | |
| Dr M Brock (resigned 1 January 2025) | |
| Dr M Ramsdale, Fungal Education & Outreach Officer | |
| Professor D Bebber(resigned 1 January 2025) | |
| MrM Yeo, Field Mycology & Conservation Officer | |
| L Seward (appointed 1 January 2024) | |
| ProfessorA J S Whalley (appointed 1 January2024, resigned 1 January 2025) | |
| Dr J Rudd, Fungal Biology Research Officer (appointed 1 January 2025) | |
| Ms |
|
| Dr N Brown, Publications Officer (appointed 1 January 2025) | |
| Dr J Usher, International Officer (appointed 1 January 2025) | |
| Professor S Gurr, President Elect (appointed 1 January 2025) |
| Charity registered | |
|---|---|
| number | 276503 |
| Principaloffice | 1 Edison Court |
| ElliceWay | |
| Wrexham Technology Park | |
| Wrexham | |
| LL13 7YT |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2024 | 2024 | 2024 | 2023 | ||
| Note | £ | £ | £ | £ | |
| Incomefrom: | |||||
| Donations and legacies | Ww | 55 | - | 55 | 5,490 |
| Charitable activities Investments Other income |
ook | 287,884 33,903 435 |
- - - |
287,884 33,903 435 |
291,439 28,923 - |
| Total income | 322,277 |
- |
322,277 |
325,852 |
|
| Expenditure on: | |||||
| Raising funds | 12,329 | - | 12,329 | 11,334 | |
| Charitable activities | 270,527 | 8,995 | 279,522 | 266,162 | |
| Total expenditure | 282,856 |
8,995 |
291,851 |
277,496 |
|
| Net income/(expenditure) before net gains on investments |
39,421 | (8,995) | 30,426 | 48,356 | |
| Net gains on investments | 64,201 | - | 64,201 | 71,250 | |
| Net movementin funds | 103,622 |
(8,995) |
94,627 |
119,606 |
|
| Reconciliation offunds: | |||||
| Total funds brought forward | 1,870,282 | 140,225 | 2,010,507 | 1,890,901 | |
| Net movementin funds | 103,622 | (8,995) | 94,627 | 119,606 | |
| Total funds carried forward | 1,973,904 |
131,230 |
2,105,134 |
2,010,507 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Fixed assets | |||||
| Tangible assets | 13 | 9,809 | 9,913 | ||
| Investments | 14 | 1,198,298 | 1,244,386 | ||
| 1,208,107 | 1,254,299 | ||||
| Current assets | |||||
| Stocks | 15 | . | 3,750 | ||
| Debtors | 16 | 389,245 | 236,878 | ||
| Cash at bank and in hand | 701,338 | 542,680 | |||
| 1,090,583 | 783,308 | ||||
| Currentliabilities | |||||
| Creditors: amountsfalling due within one | |||||
| year | 17 | (193,556) | (27,100) | ||
| Net current assets | 897,027 | 756,208 | |||
| Total assets less currentliabilities | 2,105,134 | 2,010,507 | |||
| Total net assets | 2,105,134 | 2,010,507 | |||
| Charity funds | |||||
| Restricted funds | 18 | 131,230 | 140,225 | ||
| Unrestricted funds | 18 | 1,973,904 | 1,870,282 | ||
| Total funds | 2,105,134 | 2,010,507 |
| Library | - no depreciation |
|---|---|
| Slide Collection | - no depreciation |
| Fungi models | - no depreciation |
| Computer, scientific and office | - 25% on cost |
| equipment |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2024 | 2024 | 2023 |
| £ | £ | £ |
| 55 | 55 | 5,490 |
| 5,490 | 5,490 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| Incomefrom charitable activities - Charitable activities | 202,308 | 202,308 | 218,204 |
| Income from charitable activities - Meetings and workshops | 47,910 | 47,910 | 37,203 |
| Incomefrom charitable activities - Subscriptions | 37,666 | 37,666 | 36,032 |
287,884 |
287,884 |
291,439 |
|
| Total 2023 | 291,439 | 291,439 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| Interest receivable | 22,707 | 22,707 | 19,610 |
| Dividend receivable | 11,196 | 11,196 | 9,313 |
33,903 |
33,903 |
28,923 |
|
| Total2023 |
28,923 |
28,923 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2024 | 2024 | 2023 | ||
| £ | £ | |||
| Other incoming resources | 435 | 435 | ||
| Investment managementcosts | ||||
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| 2024 | 2024 | 2023 | ||
| £ | £ | |||
| Investment managementfees | 12,329 | 12,329 | 11,334 | |
| Total2023 | 11,334 | 11,334 | ||
| Analysis of grants | ||||
| Grants to | Grants to | Total | Total | |
| Institutions 2024 |
Individuals 2024 |
funds 2024 |
funds 2023 |
|
| £ | £ | £ | ||
| Grants and sponsorship | 415 | 74,912 | 75,327 | 59,285 |
| Total 2023 | 7,916 |
51,369 |
59,285 |
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Nameofinstitution | ||
| Aberystwyth University | - | 1,919 |
| Borders Fungus Group | - | 750 |
| NE Fungus group | - | 500 |
| International Phycotox | - | 427 |
| Natural History Museum | 200 | 200 |
| Shropshire Fungus Group | - | 400 |
| Isle ofMan Fungus Group | - | 500 |
| Warwickshire Fungus Group | - | 500 |
| Glasgow University | - | 2,720 |
| Dorset Fungus Group | 215 | - |
| 415 | 7,916 | |
| 415 | 7,916 |
| Activities | Grant | ||||
|---|---|---|---|---|---|
| undertaken directly 2024 £ |
funding of activities 2024 £ |
Support costs 2024 £ |
Total funds 2024 £ |
Total funds 2023 £ |
|
| Charitable activities | 98,623 | - | 105,572 | 204,195 | 206,877 |
| Grants/Awards | - | 75,327 | - | 75,327 | 59,285 |
98,623 |
75,327 |
105,572 |
279,522 |
266,162 |
|
| Total 2023 | 101,574 |
59,285 |
105,303 |
266,162 |
| Charitable | Total | Total | |
|---|---|---|---|
| activities | funds | funds | |
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| Publications | 16,906 | 16,906 | 22,341 |
| External meetings Field mycology Fungal biology research |
13,648 43,444 23,357 |
13,648 43,444 23,357 |
4,446 34,326 38,020 |
| Education | 1,268 | 1,268 | 2,441 |
98,623 |
98,623 |
101,574 |
|
| Total 2023 | 101,574 | 101,574 |
| Charitable | Total | Total | |
|---|---|---|---|
| activities | funds | funds | |
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| Depreciation | 104 | 104 | 104 |
| Insurance | 1,336 | 1,336 | 2,862 |
| Subscriptions | 3,490 | 3,490 | 4,524 |
| Bank charges | 1,926 | 1,926 | 2,588 |
| Admin charge | 49,753 | 49,753 | 56,049 |
| Website maintenance | 5,618 | 5,618 | 3,403 |
| Printing and postage | 686 | 686 | 1,855 |
| Travel and subs | 1,459 | 1,459 | 6,533 |
| Sundry | 6,897 | 6,897 | - |
| Events officer | 24,938 | 24,938 | 19,815 |
| Governance | 9,365 | 9,365 | 7,570 |
105,572 |
105,572 |
105,303 |
|
| Total 2023 | 105,303 | 105,303 |
| Computer, | |||||
|---|---|---|---|---|---|
| scientific | |||||
| Fungi Models £ |
Slide Collection £ |
Library £ |
and office equipment £ |
Total £ |
|
| Costor valuation | |||||
| At 1 January 2024 | 2,756 | 500 | 6,345 | 4,526 | 14,127 |
| Disposals | “ | 2 | - | (2,386) | (2,386) |
| At 31 December 2024 | 2,756 |
500 |
6,345 |
2,140 |
11,741 |
| Depreciation | |||||
| At 1 January 2024 | - | - | - | 4,214 | 4,214 |
| Chargefor the year | - | . | - | 104 | 104 |
| On disposals | - | - | - | (2,386) | (2,386) |
| At 31 December 2024 | - |
- |
- |
1,932 |
1,932 |
| Net book value | |||||
| At 31 December 2024 | 2,756 |
500 |
6,345 |
208 |
9,809 |
| At 31 December2023 | 2,756 |
500 |
6,345 |
312 |
9,913 |
| Equity | |||
|---|---|---|---|
| investments | Cash | Total | |
| £ | £ | £ | |
| Costorvaluation | |||
| At 1 January 2024 | 1,241,546 | 2,841 | 1,244,387 |
| Additions | 270,255 | 6,715 | 276,970 |
| Disposals | (387,260) | - | (387,260) |
| Revaluations | 64,201 | - | 64,201 |
| At 31 December 2024 | 1,188,742 |
9,556 |
1,198,298 |
| Net book value | |||
| At 31 December 2024 | 1,188,742 | 9,556 | 1,198,298 |
| At 31 December2023 | 1,241,546 |
2,841 |
1,244,387 |
| Stocks | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Equipment | - | 3,750 |
| 2024 | 2023 | |
|---|---|---|
| Due within one year | ||
| Amounts owed byrelated entities | 1,628 | |
| Other debtors | 154,687 | 4,719 |
| Prepayments and accrued income | 234,558 | 230,531 |
| 389,245 | 236,878 | |
| Creditors: Amounts falling due within one year | ||
| 2024 | 2023 | |
| £ | ||
| Trade creditors | 21,552 | |
| Amounts owedto related enities | 1,774 | |
| Othertaxation and social security | 145,192 | |
| Accruals and deferred income | 25,038 | 27,100 |
| 193,556 | 27,100 |
| Balanceat | |||||
|---|---|---|---|---|---|
| Balanceat 1 | 31 | ||||
| January | Gains/ | December | |||
| 2024 | Income | Expenditure | (Losses) | 2024 | |
| £ | £ | £ | £ | £ | |
| Unrestricted funds | |||||
| General Funds- all funds | 1,870,282 |
322,277 |
(282,856) |
64,201 |
1,973,904 |
| Restricted funds | |||||
| Ramsbottom fund | 4,475 | - | - | - | 4,475 |
| Conservation fund | 6,969 | - | - | - | 6,969 |
| Eunice Jones fund | 123,781 | - | (8,995) | - | 114,786 |
| Elizabeth Grayfund | 5,000 | - | - | - | 5,000 |
140,225 |
- |
(8,995) |
- |
131,230 |
|
| Total offunds | 2,010,507 | 322,277 | (291,851) | 64,201 | 2,105,134 |
| Restated | |||||
|---|---|---|---|---|---|
| Restated Balance at |
Balance at 31 |
||||
| 1 January 2023 £ |
Income £ |
Expenditure £ |
Gains/ (Losses) £ |
December 2023 £ |
|
| Unrestricted funds | |||||
| General Funds- all funds | 1,746,676 |
325,852 |
(273,496) |
71,250 |
1,870,282 |
| Restricted funds | |||||
| Ramsbottom fund | 4,475 | - | - | - | 4,475 |
| Conservation fund | 6,969 | - | - | - | 6,969 |
| Eunice Jones fund | 127,781 | - | (4,000) | - | 123,781 |
| Elizabeth Grayfund | 5,000 | - | - | - | 5,000 |
144,225 |
- |
(4,000) |
- |
140,225 |
|
| Total offunds | 1,890,901 |
325,852 |
(277,496) |
71,250 |
2,010,507 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2024 | 2024 | 2024 | |
| £ | £ | £ | |
| Tangible fixed assets | 9,809 | - | 9,809 |
| Fixed asset investments | 1,198,298 | - | 1,198,298 |
| Current assets | 959,353 | 131,230 | 1,090,583 |
| Creditors due within one year | (193,556) | - | (193,556) |
| Total | 1,973,904 |
131,230 |
2,105,134 |
| Analysis of net assets between funds- prior period | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2023 | 2023 | 2023 | |
| £ | £ | £ | |
| Tangible fixed assets | 9,913 | - | 9,913 |
| Fixed asset investments | 1,244,386 | - | 1,244,386 |
| Current assets | 643,083 | 140,225 | 783,308 |
| Creditors due within one year | (27,100) | - | (27,100) |
| Total | 1,870,282 |
140,225 |
2,010,507 |