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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|2|
|Independent<br>Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||6|to|12|
|Detailed Statement ofFinancial Activities||13|to|14|





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|||31.5.22|31.5.21|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|INCOME AND ENDOWMENTS FROM||||
|Donations<br>and legacies||34|71|
|Charitable<br>activities||||
|Direct charitable<br>income||140,300|156,653|
|Other trading activities||120,790|28,241|
|Investment<br>income||4,158|3,601|
|Total||265,282|188,566|
|EXPENDITURE ON||||
|Charitable<br>activities||||
|Direct charitable<br>expenditure||250,344|143,889|
|Net gains/(losses)<br>on investments||(3,915)|16,942|
|NET INCOME||11,023|61,619|
|RECONCILIATION|OF FUNDS|||
|Total funds brought<br>forward||379,121|317,502|
|TOTAL FUNDS CARRIED FORWARD||390,144|379,121|





|||Balance Sheet|||
|---|---|---|---|---|
|||31May 2022|||
||||31.5.22|31.5.21|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|||
|FIXED|ASSETS||||
|Tangible|assets||978||
|Investments|||97,191|101,107|
||||98,169|101,107|
|CURRENT ASSETS|||||
|Debtors||10|39,310|27,618|
|Cash at|bank||260,952|255,542|
||||300,262|283,160|
|CREDITORS|||||
|Amounts|falling due within one year||(8,287)|(5,146)|
|NET CURRENT ASSETS|||291,975|278,014|
|TOTAL|ASSETSLESSCURRENT||||
|LIABILITIES|||390,144|379,121|
|NET ASSETS|||390,144|379,121|
|FUNDS||12|||
|Unrestricted<br>funds|||390,144|379,121|
|TOTAL|FUNDS||390,144|379,121|





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|2.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES||||
|---|---|---|---|---|---|
|||||31.5.22|31.5.21|
||Conference|||120,790|28,241|
|3.|INVESTMENT|INCOME||||
|||||31.5.22|31.5.21|
||Deposit account interest|||99|1,046|
||Dividends|||4,059|2,555|
|||||4,158|3,601|
|4.|CHARITABLE|ACTIVITIES COSTS||||
||||Direct|||
||||Costs (see|Support||
||||note 5)|costs|Totals|
||Direct charitable|expenditure|237,732|12,612|250,344|
|5.|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||
|||||31.5.22|31.5.21|
||Journals|||11,637|8,317|
||Administration|||27,501|28,045|
||Postage and stationery|||2,838|637|
||Insurance|||606|476|
||Sundries|||25||
||Seminars|||15,784|2,700|
||President's<br>reception|||11,830||
||Conference costs|||119,639|63,193|
||Research activities fund|||18,049|4,577|
||Business meetings|||3,875|731|
||SLSprizes|||2,500|1,300|
||Website|||5,370|4,080|
||Libraries committee|||7,800||
||Small projects and events fund|||8,952|11,330|
||Archiving<br>and storage|||362|4,300|
||Subscriptions|||875|894|
||Depreciation|||89||
|||||237,732|130,580|





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|COMPARATIVES F|OR THE STATEMENT OF FINANCIAL|ACTIVITIES (2018/19)|
|---|---|---|
|||Unrestricted|
|||fund|
|INCOME AND ENDOWMENTS FROM|||
|Donations<br>and legacies||71|
|Charitable<br>activities|||
|Direct charitable<br>income||156,653|
|Other trading activities||28,241|
|Investment<br>income||3,601|
|Total||188,566|
|EXPENDITURE ON|||
|Charitable<br>activities|||
|Direct charitable<br>expenditure||143,889|
|Net gains on investments||16,942|
|NET INCOME||61,619|
|RECONCILIATION|OF FUNDS||
|Total funds brought<br>forward||317,502|
|TOTAL FUNDS CARRIED|||
|FORWARD||379,121|





## 

||for the Year Ended 31May 20|22|
|---|---|---|
|8.|TANGIBLE FIXEDASSETS||
|||Computer|
|||equipment|
||COST||
||Additions|1,067|
||DEPRECIATION||
||Charge for year|89|
||NET BOOK VALUE||
||At 31May 2022|978|
||At 31May 2021||
|9.|FIXEDASSET INVESTMENTS||
|||Listed|
|||investments|
||MARKET VALUE||
||At 1 June 2021|101,107|
||Revaluations|672|
||Impair ments|(4,588)|
||At 31 May 2022|97,191|
||NET BOOK VALUE||
||At 31 May 2022|97,191|
||At 31May 2021|101,107|



||There were no investment|assets outside the UK.|||
|---|---|---|---|---|
|10.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||31.5.22|31.5.21|
||Trade debtors||38,369|27,163|
||Prepayments||941|455|
||||39,310|27,618|





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|CREDI|TOR|S: AMOUNTS FALLING D|UE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||31.5.22|31.5.21|
|Taxation|and|social security|||105|
|Other creditors||||8,287|5,041|
|||||8,287|5,146|
|MOVEMENT IN FUNDS||||||
|||||Net||
|||||movement|At|
||||At 1.6.21|in funds|31.5.22|
|Unrestricted||funds||||
|General|fund||379,121|11,023|390,144|
|TOTAL|FUNDS||379,121|11,023|390,144|



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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||265,282|(250,344)|(3,915)|11,023|
|TOTAL FUNDS||265,282|(250,344)|(3,915)|11,023|



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||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.6.20|in funds|31.5.21|
|Unrestricted|funds||||
|General fund||317,502|61,619|379,121|
|TOTAL FUNDS||317,502|61,619|379,121|





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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||188,566|(143,889)|16,942|61,619|
|TOTAL FUNDS||188,566|(143,889)|16,942|61,619|



||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.6.20|in funds|31.5.22|
|Unrestricted|funds||||
|General fund||317,502|72,642|390,144|
|TOTAL FUNDS||317,502|72,642|390,144|



||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted||funds|||||
|General|fund||453,848|(394,233)|13,027|72,642|
|TOTAL|FUNDS||453,848|(394,233)|13,027|72,642|





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|Detailed Statement ofFinancial Activities|||
|---|---|---|
|for the Year Ended 31May 2022|||
||31.5.22|31.5.21|
|INCOME AND ENDOWMENTS|||
|Donations<br>and legacies|||
|Seminars - Royalties|34|71|
|Other trading activities|||
|Conference|120,790|28,241|
|Investment<br>income|||
|Deposit account interest|99|1,046|
|Dividends|4,059|2,555|
||4,158|3,601|
|Charitable<br>activities|||
|Subscriptions<br>- members|94,449|116,550|
|Legal studies|44,026|36,963|
|Reporters/journals|850|1,700|
|Advertising|975|1,440|
||140,300|156,653|
|Total incoming<br>resources|265,282|188,566|
|EXPENDITURE|||
|Charitable<br>activities|||
|Journals|11,637|8,317|
|Administration|27,501|28,045|
|Postage and stationery|2,838|637|
|Insurance|606|476|
|Sundries|25||
|Seminars|15,784|2,700|
|President's<br>reception|11,830||
|Conference costs|119,639|63,193|
|Research activities fund|18,049|4,577|
|Business meetings|3,875|731|
|SLSprizes|2,500|1,300|
|Website|5,370|4,080|
|Libraries committee|7,800||
|Small projects and events fund|8,952|11,330|
|Carried forward|236,406|125,386|





## 

|||||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|---|---|
|||||for the Year Ended 31May 2022|||
||||||31.5.22|31.5.21|
|Charitable<br>activities|||||||
|Brought forward|||||236,406|125,386|
|Archiving<br>and|storage||||362|4,300|
|Subscriptions|||||875|894|
|Computer<br>equipment|||||89||
||||||237,732|130,580|
|Support costs|||||||
|Governance|costs||||||
|Independent|examiner's||fee||2,520|2,520|
|Administration|||||9,167|9,349|
|Bank charges|||||925|1,437|
|Gain/loss<br>on|foreign|currency||||3|
||||||12,612|13,309|
|Total resources|expended||||250,344|143,889|
|Net income before gains|||and losses||14,938|44,677|
|Realised recognised||gains and||losses|||
|Realised gains/(losses)||on fixed asset|||||
|investments|||||(3,915)|16,942|
|Net income|||||11,023|61,619|