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2020-12-31-accounts

INCOME AND
ENDOWMENTS
FROM		 Notes Restricted Unrestricted Total Funds Total Funds
I'unds Iunds 2020 2019
Donations
and Legacies
Membership
5ubscd ptions
Donations		 51,357
-0-		 51,357
-0-		 55,592
-0-
Legacy from Professor Hannah Steinberg 60,000 60,000 -0-
Other trading activities
Journal ofPsychopharmacology 103,686 103,686 10L975
BookSales/Royalties 3,979 3,979 5,508
Investment
Income
Bank interest 686 686 659
Dividends -0- -0- -0-
Charitable
activities
Ivleeting income 179,526 179,526 458,906
Certificate income 450 4SO -0-
Online
CPD Resource		 61,800 61,800 49,667
Other income
Otherincome 2,584 2,584 500
Total incoming resources E -0- 6464,068 6464,068 6672,807

EXPENDITURE ON Notes Restricted Unrestricted Total Funds Total Funds
Funds Funds 2020 2019
Raising Donations
and Legacies
Journal ofPsychopharmacology -0- -0- 2,780
Promotion
Costs		 1,250 1,250 5,566
BookCosts 70 70 6,078
Charitable
activities
Meeting expenses 2 97,948 97,948 381,086
BAP Initiatives 3 13,724 13,724 20,572
Prizes
Affiliation		 2,450 2,450 4,120
Research Internships 13,500 13,500 -0-
Certificate expenses 4 -0- 31
t Other Societies 2,185 2,185 2,276
Secretarial and other staff costs 6 139,904 139,904 139,689
Computer system/software/server
support 20,029 20,029 15,795
Printing,
postage and stationery		 4,978 4,978 8,584
Support Costs
Office insurance 1,808 1,808 1,808
Repairs and maintenance 274 274 1,347
Council tax and water 3,132 3.132 3,191
Light and heat 1,700 1,700 1,419
Cleaning 880 880 960
Telephone
costs		 3,217 3,217 3,531
Bank and card processing charges 5,212 5,212 8,711
Sundry expenses 555 555 111
Depreciation 13,543 13,543 14,270
Council meetings expenses 3,034 3,034 8,135
Accountancy 2,546 2,546 2,472
Payroll service costs 693 693 2,378
Total resources expended 332,582 332,582 634,910
Net Gains/(Losses)
on investments		 -0- 162,339 162,339 211,727
NET (EXPENDITURE)/ INCOME 6-0- E293,825 F293,825 f249,624

Notes Restricted Unrestricted Total
Funds Funds 2020
Net (Expenditure) / Inrorne I'or Ihe Year 0 293,825 1/,800
Total Funds brought forward E6,069 2,125,646 2,131,715
Total Funds carried forward E6,069 E2,419,471 E2,159,515

Notes Unrestricted Restricted Total Funds Total Funds
iunds Funds 2020 2019
Fixed Assets
Tangible assets
investments		 7
8		 256,459
1,7ss,coo		 -0-
-0-		 256,459
z,755,900		 270,002
1,593,561
2,012,359 2,012,359 1,863,563
Current Assets
Debtors 9 117,552 -0- 117,552 104,918
Cash at bank 365,377 6,069 371,446 273,642
482,929 6,069 488,998 378,560
Creditors
Amounts
falling due within one year		 10 (75,817) -0- (75,817) (110,410)
Net Current Assets 407,112 6,069 413,181 268,150
Total Assets Less Current Uabilities 2,315,785 6,069 2,321,854 2,131,713
Net Assets f2,419,471 f6,069 f2,425,540 f2,131,713
FUNDS
Unrestricted Funds 2,419,471 2,12S,644
Restricted
Funds		 6,069 6,069
f2,425,540 62,131,713

forthe
ear ended 31"Decemb
Notes 2020 2019
Cash flows from operating
activities:
Cash generated
from operations		 97,118 68,274
Net cash provided
by (used in)
opomtron
activities		 97,118 68,274
Cash flows from investing
activities:
Purchase oftangible fixed assets
Purchase offixed assets investments		 -0-
-0-		 -0-
-0-
Interest received 686 659
Net cash provided
by (used in)
investing
activities		 686 659
Change
in cash and cash equivalents		 in
reporting
period		 97,804 68,933
Cash and cash equivalents
at the beginning
ofthe reporting
period		 273,642 204,709
Cash and cash equivalents
atthe end		 ofthe
reporting
period		 f371,446 f273,642

2020 2019
Net (expenditure)/
income for the reporting		 period (as per the
statement offinancia activities) 293,825 249,624
Adjustments
for:
Depreciation
charges		 13,543 14,270
Losses/(Gain)
on Investments		 (162,339) (211,727)
Interest received (686) (659)
(Increase) / Decrease in debtors (12,634) 10,509
(Decrease) / Increase in creditors (34,591) 6,257
Net cash provided
by (used in) operating		 activities E97,118 E68,274

Surplus
Income Expenses (Deficit)
January 2020 Bristol-
Anxiety disorders 25,070 17,797 7,273
March 2020 Cambridge-
Non-Clinical Certificate 10,430 11,943 (1,513)
November 2020 Online-
Child and Adolescent 26,704 13,150 13,554
Cancelled Online-
Masterclasses 25,963 18,993 6,970
Cancelled Cancelled-
Schizophrenia 404 3,764 (3,360)
Cancelled Cancelled-
Summer Meeting 675 1,013 (338)
September 2020 Online-
Affective Disorders 15,231 5,425 9,806
Cancelled Cancelled-
Old Age 1,567 1,039 528
October 2020 Online-
Child and Adolescent 14,940 6,348 8,592
November 2020 Online-
Masterclasses 41,920 12,772 29,148
December 2020 Online-
Substance
Misuse		 16,622 5,704 10,918
6179,526 697,948 681,578

BAP initiatives 2020 2019
In Vivo Training Fund 5,000
Online CPD Resource 10,724 5,522
Robert Kerwin Bursaries
VPM Library -0 4,050
Newcastle
University		 Stipend covering 2020 3,000 -6,000
13,724 E20,572

4. Certificate Income and Expenses 2020 2019
Clinical Certiffcate
Income 450 -0-
Less:
Expenses		 -0- 31
E450 E(31)
Restricted Funds
Balance at01.01.20
Incoming Resources		 6,069
-0-
Expenditure -0-
Balance at 31.12.20 E6,069
6. Staff Costs
The staff costs were:
2020 2019
Salaries 125,901 126,541
Pension Costs 14,003 13,148
E139,904 E139,689
The average monthly number ofemployees dudng the year was asfollows:
2020 2019
Administrative
No employee received emoluments in excess ofE60,000.

7. Fixed Assets
Fixtures
Property Equipment Ik Fittings Totals
Cost
Asat01.01.20
Additions		 -0- 3%,651
-0-		 8,284
-0-		 567,894
-0-
As at31.12.20 525,959 33,651 8,284 567,894
Depreciation
As at01.01.20 256,170 33,468 8,254 297,892
Charge for the Year 13,489 46 8 13,543
As at31.12.20 269,659 33,514 8,262 311,435
Net BookValue
As at31.12.20 6256,300 137 E 22 6256,459
As at31.12.19 E269,789 183 E 30 f270,002
8, Fixed Asset Investments
Market
Value as
Units Cost at31.12.20
MIXED ASSET FUNDS
1,057,580
-0-		 As at01.01.20
Additions		 1,138,200
-0-
E1,057,580 As at31.12.20 E1,138,200 E1,755,900

9, Debtors
2020 2019
Outstanding journal income 103,686 101,975
Outstanding meeting Income 491 984
Meeting expenses paid in advance 13,375 1,959
f117,552 f104,918
10. Creditors and Accruals
2020 2019
Outstanding meeting expenses 7,239 4,105
Accrued meeting income 66,032 103,833
Other creditors 2,546 2,472
f75,817 f110,410