2022-12-31-accounts - British Association For Psychopharmacology

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IhlCOME AND
ENDOWMENTS FROM	Notes		Restricted	Unrestricted	Total Funds	Total Funds
			Funds	Funds	2022	2021
Donations and Legacies
Membership Subscriptions Donations Legacy from Professor Hannah	Steinberg			49,579 -0- -0-	49,579 -0- -0-	50,701 -0- -0-
Other trading act(vtties
Journal ofPsychopharmacology				161,061	161,061	130,170
BookSales / Royalties				5,242	5,242	6,146
Investment Income
Bank interest				6,954	6,954	1,557
Dividends				14,595	14,595	754
Charitableactivitles
Meeting income 2 Meeting income (prior years) Meeting income refunded (prior years) Certificate income 4 Ongne CPD Resource			60,570	400,416 938 (580) -0- -0-	400,416 938 (5&0) -0- 60,570	228,866 -0- -0- -0- 67,499
Other income Other income					-0-	-0
Total incoming resources		E	60,570	6638,205	6698,775	f485,693

EXPENDITURE ON		Notes	Restricted	Unrestricted	Total Funds	Total Funds
			Funds	Funds	2022	2021
Raising Donations and Legacies
Journal ofPsychopharmacology				1,859	1,859	2,007
Promotion Costs				3,033	3,033	190
BookCosts				6,398	6,398	10,308
Charitable activities
IVleeting expenses BAP Initiatives		2 3	21,501	418,146 -0-	418,146 21,501	105,912 13,402
Prizes				5,590	5,590	4,120
Research internships Certificate expenses				11,480 -0-	11,480 -0-	9,750 -0-
Affiliation to Other Societies				2,229	2,229	2,314
Secretarial and other staff	costs			107,372	107,372	154,703
Computer system/software/server
support				7,485	7,485	8,707
Printing, postage and stationery Donations				3,530 5,000	3,530 5,000	2,554 -0-
Support Costs
Office insurance Repairs and maintenance				1,913 730	1,913 730	1,884 -0-
Council tax and water				3,128	3,128	2,936
Light and heat				962	962	892
Cleaning				960	960	960
Telephone costs				3,581	3,581	3,537
Bank and card processing	charges			9,971	9,971	377
Sundry expenses				13	13	1,422
Advertising				794	794	2,460
Depreciation				12,204	12,204	12,855
Council meetings expenses				15,053	15,053	330
Accountancy				3,120	3,120	3,235
Management charges				16,482	16,482	2,162
Payroll service costs				1,754	1,754	1,390
Total resources expended			21,501	642,787	664,288	348,407
Net Gains/(Losses) on investments				(231,774)	(231,774)	127,144
NET (EXPENDITURE)/ INCOME			639,069	(E236,356)	(6197,287)	f264,430

	Restricted	Unrestricted	Total
	Funds	Funds	2022
Net (Expenditure) / Income for the Year	39,069	(236,356)	(197,287)
Total Funds brought forward	57,166	2,632,804	2,689,970
Total Funds carried forward	E96,235	f2,396,448	E2,492,683

		Notes	Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2022	2021
Fixed Assets
Tangible assets Investments		7 8	231,400 1,653,822	-0- -0-	231,400 1,653,822	243,604 1,881,636
			1,885,222	-0-	1,885,222	2,125,240
Current Assets
Debtors			154,416	-0-	154,416	111,629
Cash at bank			463,660	98,419	562,079	485,966
			618,076	98,419	716,495	597,595
Creditors
Amounts falling due within one year		10	(106,850)	(2,184)	(109,034)	(32,865)
Net Current	Assets		511,226	96,235	607,461	564,730
Total Assets	Less Current Liabilities		2,396,448	96,235	2,492,683	2,689,970
Net Assets			E2,396,448	E96,235	E2,492,683	E2,689,970
FUNDS
Unrestricted	Funds				2,396,448	2,632,804
Restricted Funds					96,235	57,166
					2,492,683	E2,689,970

			2022	2021
Cash flows from operating	activities:
Cash generated from operations			75,006	112,963
Net cash provided by (used in)
operation activities			75,006	112,963
Cash flows from investing activities: Purchase oftangible fixed assets Purchase offixed assets investments			-0- -0-	-0- -0-
Interest received			1,107	1,557
Net cash provided by (used in)
investing activities			1,107	1,557
Change in cash and cash equivalents		in
reporting period			76,113	114,520
Cash and cash equivalents	at the beginning
ofthe reporting period			485,966	371,446
Cash and cash equivalents	at the end	ofthe
reporting period			6562,079	6485,966

			2022	2021
Net (expenditure)/ income for the reporting		period (as per the
statement offinanciai activities)			(197,287)	264,430
Adjustments for:
Depreciation charges			12,204	12,855
Losses/(Gain) on Investments			231,774	(127,144)
Dividends received on Investments			(14,595)	(754)
Management charges on Investments Interest received on Investments			16,482 (5,847)	2,162-0-
Interest received on Cash at bank			(1,107)	(1,557)
(Increase) / Decrease in debtors			(42,787)	5,923
(Decrease) / Increase in creditors			76,169	(42,952)
Net cash provided by (used in) operating	activities		675,006	F112,963

The staff costs	were	:
				2022	2021
Salaries				111,537	144,930
Pension Costs				(4,165)	9,773
				E107,372	E154,703
he average monthly		number ofemployees		during the year was as follows:
				2022	2021
Administrative
No employee	received emoluments		in excess ofE60,000.

7.	Fixed Assets
					Fixtures
		Property	Equipment		Ik Fittings		Totals
	Cost
	As at01.01.22 Additions	525,959 -0-	33,651 -0-			8,284 -0-	567,894 -0-
	As at31.12.22	525,959	33,651			8,284	567,894
	Depreciation
	As at01.01.22	282,474	33,548			8,268	324,290
	Charge for the Year	12,174		26		4	12,204
	As at31.12.22	282,474	33,548			8,268	324,290
	Net BookValue
	As at31.12.22	f231,311	f	77	E	12	E231,400
	As at31.12.21	f243,485	F	103	E	16	E243,604
8.	Fixed Asset Investments
							Market
							Value as
							at 31.12.22
MIXED ASSET FUNDS
As at01.01.22					E1,881,636
Dividends and interest received					f20,442
Management fees incurred					(E16,482)
Unrealised loss					(f231,774)
As at31.12.22							E1,653,822
Unrealised Loss isf231,774

9.	Debtors
				2022	2021
	Outstanding Outstanding	journal income meeting income		141,213 10,885	110,170 -0-
	Meeting expenses		paid in advance	2,318	1,459
				E154,416	6111,629
10.	Creditors and Accruals
				2022	2021
	Outstanding	meeting expenses		328	2,256
	Accrued meeting		income	99,625	27,648
	Other creditors			9,081	2,961
				f109,034	E32,865