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|||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|
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|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|
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|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|
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|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|
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|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)|
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||||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|