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2023-05-31-accounts

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

for the Year Ended 31May 2023
31.5.23 31.5.22
Unrestricted Total
fund funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 106 34
Charitable
activities
Direct charitable
income		 124,530 140,300
Other trading activities 182,720 120,790
Investment
income		 6,881 4,158
Total 314,237 265,282
EXPENDITURE ON
Charitable
activities
Direct charitable
expenditure		 310,936 250,344
Net gains/(losses)
on investments		 (4,176) (3,915)
NET INCOME/(EXPENDITURE) (875) 11,023
RECONCILIATION
OF FUNDS
Total funds brought
forward		 390,144 379,121
TOTAL FUNDS CARRIED FORWARD 389,269 390,144

Balance Sheet
31May 2023
31.5.23 31.5.22
Unrestricted Total
fund funds
Notes
FIXEDASSETS
Tangible assets 622 978
Investments 169,824 97,191
170,446 98,169
CURRENT ASSETS
Debtors 10 18,957 39,310
Cash at bank 208,466 260,952
227,423 300,262
CREDITORS
Amounts
falling due within one year		 (8,600) (8,287)
NET CURRENT ASSETS 218,823 291,975
TOTAL ASSETSLESSCURRENT
LIABILITIES 389,269 390,144
NET ASSETS 389,269 390,144
FUNDS 12
Unrestricted
funds		 389,269 390,144
TOTAL FUNDS 389,269 390,144

2. OTHER TRADING ACTIVITIES OTHER TRADING ACTIVITIES
31.5.23 31.5.22
Conference 182,720 120,790
3. INVESTMENT INCOME
31.5.23 31.5.22
Deposit account interest 1,267 99
Dividends 5,614 4,059
6,881 4,158
4. CHARITABLE ACTIVITIES COSTS
Direct
Costs (see Support
note 5) costs Totals
Direct charitable expenditure 296,475 14,461 310,936
5. DIRECT COSTSOFCHARITABLE ACTIVITIES
31.5.23 31.5.22
Journals 499 11,637
Administration 31,610 27,501
Postage and stationery 653 2,838
Insurance 606 606
Sundries 25
Seminars 5,876 15,784
President's
reception		 4,709 11,830
Conference costs 195,233 119,639
Research activities fund 12,966 18,049
Business meetings 2,890 3,875
SLSprizes 2,200 2,500
Website 16,630 5,370
Libraries committee 7,800
Small projects and events fund 18,990 8,952
Archiving
and storage		 364 362
Subscriptions 893 875
Survey costs 2,000
Depreciation 356
296,475 237,732

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES (2021/22) COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES (2021/22)
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 34
Charitable
activities
Direct charitable
income		 140,300
Other trading activities 120,790
Investment
income		 4,158
Total 265,282
EXPENDITURE ON
Charitable
activities
Direct charitable
expenditure		 250,344
Net gains/(losses)
on investments		 (3,915)
NET INCOME 11,023
RECONCILIATION
OF FUNDS
Total funds brought
forward		 379,121
TOTAL FUNDS CARRIED
FORWARD 390,144

8. TANGIBLE FIXEDASSETS
Computer
equipment
COST
At 1 June 2022 and 31 May 2023 1,067
DEPRECIATION
At 1 June 2022 89
Charge for year 356
At 31May 2023 445
NET BOOKVALUE
At 31 May 2023 622
At 31 May 2022 978
9. FIXEDASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1 June 2022 97,191
Additions 76,809
Impairments (4,176)
At 31 May 2023 169,824
NET BOOKVALUE
At 31May 2023 169,824
At 31 May 2022 97,191

10. DEBTORS: AMOUNTS FALLING DU E WITHIN ONE YEAR
31.5.23 31.5.22
Trade debtors 18,016 38,369
Prepayments 941 941
18,957 39,310
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
Other creditors 8,600 8,287
12. MOVEMENT IN FUNDS
Net
movement At
At 1.6.22 in funds 31.5.23
Unrestricted funds
General fund 390,144 (875) 389,269
TOTAL FUNDS 390,144 (875) 389,269
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 314,237 (310,936) (4,176) (875)
TOTAL FUNDS 314,237 (310,936) (4,176) (875)

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
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
Net
movement At
At 1.6.21 in funds 31.5.23
Unrestricted funds
General fund 379,121 10,148 389,269
TOTAL FUNDS 379,121 10,148 389,269

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 579,519 (561,280) (8,091) 10,148
TOTAL FUNDS 579,519 (561,280) (8,091) 10,148

Detailed Statement ofFinancial Activities
for the Year Ended 31May 2023
31.5.23 31.5.22
INCOME AND ENDOWMENTS
Donations
and legacies
Seminars - Royalties 106 34
Other trading
activities
Conference 182,720 120,790
Investment
income
Deposit account interest 1,267 99
Dividends 5,614 4,059
6,881 4,158
Charitable
activities
Subscriptions
- members		 96,537 94,449
Legal studies 26,110 44,026
Reporters/journals 900 850
Advertising 983 975
124,530 140,300
Total incoming
resources		 314,237 265,282
EXPENDITURE
Charitable
activities
Journals 499 11,637
Administration 31,610 27,501
Postage and stationery 653 2,838
Insurance 606 606
Sundries 25
Seminars 5,876 15,784
President's
reception		 4,709 11,830
Conference costs 195,233 119,639
Research activities fund 12,966 18,049
Business meetings 2,890 3,875
SLSprizes 2,200 2,500
Website 16,630 5,370
Libraries committee 7,800
Small projects and events fund 18,990 8,952
Carried forward 292,862 236,406

Detailed Statement ofFinancial Activities
for the Year Ended 31May 2023
31.5.23 31.5.22
Charitable
activities
Brought forward 292,862 236,406
Archiving
and		 storage 364 362
Subscriptions 893 875
Survey costs 2,000
Computer
equipment		 356 89
296,475 237,732
Support costs
Governance costs
Independent examiner's fee 2,520 2,520
Administration 10,536 9,167
Bank charges 1,405 925
14,461 12,612
Total resources expended 310,936 250,344
Net income before gains and losses 3,301 14,938
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments (4,176) (3,915)
Net (expenditure)/income (875) 11,023