Charity Registration No. 284718
BRITISH CRYSTALLOGRAPHIC ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
BRITISH CRYSTALLOGRAPHIC ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Council Professor S Phillips, President Professor S Parsons, Vice-president Dr A Stanley, Secretary Dr A Warren, Ordinary Member Dr C Doherty, Ordinary Member and Bursaries Coordinator Dr H Sparkes, Co-Opted Ordinary Member Dr M Roe, Biological Structures Group Representative Dr G Nichol, Chemical Crystallography Group Representative Dr H Blade, Industrial Group Representative Dr H Playford, Physical Crystallography Group Representative Dr S Coles, Education and Outreach Coordinator N Hardaker, Ex-Officio Administration Officer Dr C Hobday, Ex-Officio Webmaster Dr T Edwards, Co-Opted Member and Spring Meeting Programme Chair Dr T Roseveare Professor J Finnery Special Interest Group Chairs Dr K Brown, Biological Structures Dr I Oswald, Chemical Crystallography Dr A Phillips, Physical Crystallography Dr H Blade, Industrial Dr E Carrington, Young Crystallographers Charity number 284718 Principal address 62 Chase Ridings Enfield EN2 7QE Independent examiner UHY Hacker Young (East) Limited 2B Vantage Park Washingley Road Huntingdon Cambridgeshire PE29 6SR
BRITISH CRYSTALLOGRAPHIC ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Bankers
CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
BRITISH CRYSTALLOGRAPHIC ASSOCIATION
CONTENTS
| Page | |
|---|---|
| Council's report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Statement of cash flows | 6 |
| Notes to the financial statements | 7 - 14 |
BRITISH CRYSTALLOGRAPHIC ASSOCIATION
COUNCIL'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
The Council present their annual report, together with the financial statements of The British Crystallographic Association (the Charity) for the year ended 31 December 2020. The Council confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP 2015) "Accounting and Reporting by Charities".
OBJECTIVES AND ACTIVITIES
Policies and objectives
The Council confirm that they have complied with their duty in section 17(5) of the 2011 Charities Act to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties and in setting the policies and objectives of the Charity. The Objectives of the Charity are to advance the education of the public in the science of crystallography and to promote its teaching and applications, in academia and industry, particularly within the British Isles. There have been no changes in the objectives since the last annual report.
Main activities undertaken to further the Charity's purposes for the public benefit
The Charity provides information and learning material tailored to different interested parties through the pages of its website. The pages are aimed as resources to aid both students and teachers. In addition, the Charity has organised and participated in public engagement activities to promote crystallographic sciences.
ACHIEVEMENTS AND PERFORMANCE
Summary of main achievements
The activities of the charity suffered inevitable disruption in 2020 due to the CoVid pandemic. The 4-day spring meeting was cancelled altogether, however we were able to hold three 1-day autumn meetings for the dissemination and discussion of scientific research and breakthroughs that relate to the field of crystallography and its impact across a wide range of disciplines including chemistry, physics, biology, medicine, earth sciences and mathematical and computer sciences. The pandemic severely reduced the opportunities for our members to participate in events and engage the public to spread scientific knowledge. However, the Charity has sought to engage in alternative digital and virtual initiatives to spread scientific knowledge.
FINANCIAL REVIEW
Review of the financial position of the Charity
During the year the Charity had a deficit on a restricted funds of £586 and a deficit on unrestricted funds of £19,476. The deficit is in large part accounted for by the cancellation of the spring meeting, which resulted in £14,472 of unavoidable losses. At the balance sheet date restricted funds totalled £126,800 and unrestricted funds £129,816. The major financial challanges of the pandemic have been addressed in the 2020 accounting year, with the losses from the cancelled spring meeting, and these funds are sufficient to meet currently anticipated requirements for future activity of the Charity.
Reserves policy
The Council members have conducted their own review of the reserves that the Charity requires for sustaining its objectives. The major considerations are with regard to the long term funding of meetings and bursaries and funding projected deficits from reduced investment income and rising administration expenses. Existing fund balances are considered adequate to meet these needs. In addition the Council periodically review this area in conjunction with financial planning information.
The Charity does not have any material commitments or guarantees which could affect its future solvency.
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION COUNCIL'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2020 Plan• for futyr• wrfod• The Charity pl#n$ to continue the ac'wlies th8t made 8 drfferonce to Ihe CIr($tanCs of it8 b•nefic48fies, both in the scientrfi¢ cornmunty among tho widef Wt4io The Charity will b• arAiv8 in encouraging young people to pursue careers in science. DJ¢ to the Cow&19 pandamiq the swing 2021 meeting wll bts in a wrtual lormat. The Charity rewiew the format of Ihe autumn 2021 over the summer, depending on the progress ol vacrine rDII crtrt and disease wevafence. 1¢ is anticgp8ted that the spring 2022 meeting wll See a relum to a lfve ewént STRUCTUR4 GOVERNANCE AND IAANAGEMENT Con•tllutton The Chanty is conjlituled as an Unincorpor8t•d A380ath'on under a Tnjst d•ed dat•d 6 Awil 1982 and is reglJtered thanty in Enfjnd and Wales number 284718 and in Scotland number SC042263. M•thod irf •ppolntm•nt or •l•ctlon of Cgun Th• managemont of thv Ch8dty is the rewgibdity of th• Coun¢il arB elethd And tyoptèd under th8 lornis of the Stalut•s And Bye LM. Th• Cnl officern and thre• further Counal m•mbers ar• d•ct•d by the members of th• Charity 41 Annual G•n•rnl Meetings. Ead) group dso nominates a Counc41 member, and the Counul moy ccwpt up lo four further Counal members. Elect•d Counfil members J8rve from the end ol the Annual G•n•ral Meeting at wttich the eleth.on toc F4ace unlil the third Annual General Mo•ting follcAvino the eledon. No perw may serve more thon two c(se¢U1Jve tenns in the same office, nor mora than threa conseojtive threfryear terms in any eleded c8p81ity, and may not accapt nominatson for a lurther •lected office during the last tsvo years of this ninepyear peris)d. The Predenl sh81 nomially serve for on• three-year lemi only and thén 8erNt for ¢)né morn yéar 88 immédiatts Past PresidenL Cfyopted M•mber8 of the Coundl shall Serve lor a fixed period not exceeding three years to be delefmintrd by Counul 81 tho tlm• of tho option. No person may be ctsopted fcrf morn than nine years. No pwson may b• both 8n officer And a group r•pr•SL?tivO. Org•nl•all¢)n•l ru¢lur• and d•¢l•lon MIng The Charity ig rnn by o Cwnal vthith wldudes Ihe Irustee8 - Pre&dent. ItlctrPr•ald•nL seryry and Trn8surèr. Separate respon'bilrty is gNen for Ngani%ng events 8uth 88 the Annlsal Swng Meeting. In addition. thorè are speca81 inlèmst grcmjps wthin Ihe Chaty color for speoalist minority n•èds and quart•rty Nthvsl•tter. The Biokgical Strudures Group, the Ch8mic81 Crystswography Group. thè Industrial Group and Young CrygtallDgr8phers Group. vknilst bw'ng p8rt of the Chgrty, run their own affairs completdy separately and are not gnswerg14e lo the BCA Council. The Physical Crystdlography Group 18 olso part of th? Charity but its fnanoal affairs are run ty the Instiiutti of Physics. Rl•k min•gem• The Counal members haw conducted ttth'r ovm cf the moyy risk# lo the Charity is •ypos•d. The only conderalion is rog4rd lo its investmen¢s and to mitigate those rik$, the Charity h9$ all rty investrnents placed an independent prOfeOnal management Gcfflpany. In addition, the Council periodically review this 8rea in coniunthon wth interim investhieni portrolio infomi8tion. The Charrty's powers of invesbnent arg detwmingd undw Ihe Trusiee Ad 2LMJO. Sols1% I PrDfessor S Phllips, President
BRITISH CRYSTALLOGRAPHIC ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE COUNCIL OF BRITISH CRYSTALLOGRAPHIC ASSOCIATION
I report to the Council on my examination of the financial statements of British Crystallographic Association (the charity) for the year ended 31 December 2020.
Responsibilities and basis of report
As the Council of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the Act as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Shona Munday FCA
UHY Hacker Young (East) Limited
2B Vantage Park Washingley Road Huntingdon Cambridgeshire PE29 6SR
14/04/2021 Dated: .........................
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020
| Unrestricted Restricted funds funds Notes £ £ Income from: Donations and legacies 3 5,795 200 Charitable activities 4 30,320 - Investments 5 6,066 6 Total income 42,181 206 Expenditure on: Charitable activities 6 37,161 672 Costs of r aising funds 7 13,316 120 Total expenditure 50,477 792 Net gains/(losses) on investments 10 (11,180) - Net movement in funds (19,476) (586) Fund balances at 1 January 2020 149,292 127,386 Fund balances at 31 December 2020 129,816 126,800 |
Total 2020 £ 5,995 30,320 6,072 42,387 37,833 13,436 51,269 (11,180) (20,062) 276,678 256,616 |
Total 2019 £ 17,854 149,541 7,210 |
|---|---|---|
| 174,605 | ||
| 170,750 14,240 |
||
| 184,990 | ||
| 18,001 | ||
| 7,616 269,062 |
||
| 276,678 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
BALANCE SHEET
AS AT 31 DECEMBER 2020
| Notes Fixed assets Investments 12 Current assets Debtors 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities Income funds Restricted funds Unrestricted funds |
2020 £ 4,649 113,304 117,953 (27,712) |
£ 166,375 90,241 256,616 126,800 129,816 256,616 |
2019 £ 4,561 115,323 119,884 (7,726) |
£ 164,520 112,158 276,678 127,386 149,292 276,678 |
|---|---|---|---|---|
The financial statements were approved by the Council on ......................... 31/03/21
..............................
Dr C Naylor
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2020
| Notes Cash flows from operating activities Cash generated from/(absorbed by) operations 17 Investing activities Purchase of investments Proceeds on disposal of investments Interest received Net cash (used in)/generated from investing activities Net cash used in financing activities Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year |
2020 £ (42,909) 29,874 6,072 |
£ 4,944 (6,963) - (2,019) 115,323 113,304 |
2019 £ (15,068) 17,666 7,210 |
£ (2,367) 9,808 - 7,441 107,882 115,323 |
|---|---|---|---|---|
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
1 Accounting policies
Charity information
The British Crystallographic Association is an unincorporated registered charity in England and Wales number 284718 and in Scotland number SC042263.
1.1 Accounting convention
The financial statements have been prepared in accordance with charity's Trust deed dated 6 April 1982, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Council have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. This has included consideration of the Covid-19 pandemic and it's effects on the charity as outlined in the Council's Report. Thus the Council continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Council in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by charity.
1.4 Incoming resources
Income is recognised when charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
1 Accounting policies
(Continued)
1.5 Resources expended
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.
Costs of generating funds are costs incurred in attracting voluntary income and those incurred in trading activities that raise funds.
Charitable activities and Governance costs are costs incurred on the Charity's educational operations, including support costs and costs relating to the governance of the Charity apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
1.6 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year . Transaction costs are expensed as incurred.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.
1.8 Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
1 Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when charity’s contractual obligations expire or are discharged or cancelled.
2 Critical accounting estimates and judgements
In the application of charity’s accounting policies, the Council are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Donations and legacies
| Unrestricted Restricted funds funds 2020 2020 £ £ Donations and gifts 5,795 200 For the year ended 31 December 2019 5,572 12,282 |
Total 2020 £ 5,995 |
Total 2019 £ 17,854 17,854 |
|---|---|---|
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
4 Charitable activities
| Other income Analysis by fund Unrestricted funds For the year ended 31 December 2019 Unrestricted funds Restricted funds |
2020 £ 30,320 30,320 |
2019 £ 149,541 106,482 43,059 149,541 |
|---|---|---|
5 Investments
| Unrestricted Restricted funds funds 2020 2020 £ £ Income from listed investments 6,062 - Interest receivable 4 6 6,066 6 For the year ended 31 December 2019 7,195 15 Charitable activities Unrestricted funds Restricted funds £ £ Subscription for International bodies 12,977 Annual conference 14,417 - Meeting of groups (23) Newsletters 9,767 - Course fees and accommodation 145 Grants and sponsorship to individuals - 550 Awards and bursaries - - 37,161 672 |
Total 2020 £ 6,062 10 6,072 2020 £ 12,977 14,417 (23) 9,767 145 550 - 37,833 |
Total 2019 £ 7,188 22 7,210 7,210 2019 £ 12,549 89,127 4,012 8,402 52,610 2,400 1,650 170,750 |
|---|---|---|
6 Charitable activities
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
7 Costs of r aising funds
| Unrestricted Restricted funds funds £ £ Accountancy fees 5,520 - Insurance 896 - Bank and security charges 146 120 Council member expenses - - Administration fees and expenses 6,754 - 13,316 120 For the year ended 31 December 2019 Costs of raising funds 14,090 150 |
Total 2020 £ 5,520 896 266 - 6,754 13,436 |
Total 2019 £ 5,400 784 286 168 7,602 14,240 14,240 |
|---|---|---|
8 Council
None of the Council (or any persons connected with them) received any remuneration or benefits from the charity during the year.
No Council members received reimbursement of expenses in the current year, (2019: 1 council member received reimbursement of expenses of £168).
9 Employees
There were no employees during the year.
10 Net gains/(losses) on investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2020 | 2019 | |
| £ | £ | |
| Revaluation of investments | (11,180) | 18,001 |
11 Taxation
The Charity is exempt from tax on income and gains falling within s524 of the Income Tax Act 2007 and s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives. No tax charges have arisen in the Charity.
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
12 Fixed asset investments
| Listed | ||||
|---|---|---|---|---|
| investments | ||||
| £ | ||||
| Cost or valuation | ||||
| At 1 January 2020 | 164,520 | |||
| Additions | 42,909 | |||
| Valuation changes | (11,180) | |||
| Disposals | (29,874) | |||
| At 31 December 2020 | 166,375 | |||
| Carrying amount | ||||
| At 31 December 2020 | 166,375 | |||
| At 31 December 2019 | 164,520 | |||
| 13 | Debtors | |||
| 2020 | 2019 | |||
| Amounts falling due within one year: | £ | £ | ||
| Prepayments and accrued income | 4,649 | 4,561 | ||
| 14 | Creditors: amounts falling due within one year | |||
| 2020 | 2019 | |||
| £ | £ | |||
| Accruals and deferred income | 27,712 | 7,726 | ||
| 15 | Analysis of net assets between funds | |||
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| £ | £ | £ | ||
| Fund balances at 31 December 2020 are represented by: | ||||
| Investments | 126,362 | 40,013 | 166,375 | |
| Current assets/(liabilities) | 3,454 | 86,787 | 90,241 | |
| 129,816 | 126,800 | 256,616 |
16 Related party transactions
There were no disclosable related party transactions during the year (2019 - none).
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
| 17 Cash generated from operations (Deficit)/surpus for the year Adjustments for: Investment income recognised in statement of financial activities Fair value gains and losses on investments Movements in working capital: (Increase)/decrease in debtors Increase/(decrease) in creditors Cash generated from/(absorbed by) operations |
2020 £ (20,062) (6,072) 11,180 (88) 19,986 4,944 |
2019 £ 7,616 (7,210) (18,001) 23,962 (8,734) (2,367) |
|---|---|---|
- 18 Analysis of changes in net funds The charity had no debt during the year.
19 Statement of Funds
| Balance at 1 | Balance at 31 | |||||
|---|---|---|---|---|---|---|
| January | Incoming | Transfers | Gains/ | December | ||
| 2020 | Resources | Expenditure | in/(out) | (Losses) | 2020 | |
| Current year | £ | £ | £ | £ | £ | £ |
| Restricted funds | ||||||
| Arnold Beevers Bursary | ||||||
| Fund | 2,596 | - | - | - | - | 2,596 |
| IUCr Bursary Fund | 27,431 | - | - | - | - | 27,431 |
| Dorothy Hodgkin Prize | ||||||
| Fund | 8,705 | - | - | - | - | 8,705 |
| Chemical Group Teaching | ||||||
| School | 38,777 | - | (145) | - |
- | 38,632 |
| Chemical Group Fund | 7,462 | 202 | (60) | - |
- | 7,604 |
| Industrial Group Fund | 34,948 | 23 | - | - | - | 34,971 |
| Biological Structures Group | ||||||
| Fund | 5,649 | 4 | (610) | - |
- | 5,043 |
| Durward Cruikshank Fund | 1,281 | - | - | - | - | 1,281 |
| Young Crystallographers | ||||||
| Group Fund | 537 | - | - | - | - | 537 |
| Physical Crystallography | ||||||
| Group | - | - | - | - | - | - |
| 127,386 | 229 | (815) | - |
- | 126,800 | |
| Unrestricted funds | ||||||
| General Fund | 149,292 | 42,181 | (50,477) | - |
(11,180) | 129,816 |
| Total of funds | 276,678 | 42,410 | (51,292) | - |
(11,180) | 256,616 |
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BRITISH CRYSTALLOGRAPHIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
| Balance at 1 | Balance at 31 | |||||
|---|---|---|---|---|---|---|
| January | Incoming | Transfers | Gains/ | December |
||
| 2019 | Resources | Expenditure | in/(out) | (Losses) | 2019 |
|
| Prior year | £ | £ | £ | £ | £ | £ |
| Restricted funds | ||||||
| Arnold Beevers Bursary | ||||||
| Fund | 3,746 | - | (1,150) | - |
- | 2,596 |
| IUCr Bursary Fund | 27,431 | - | - | - | - | 27,431 |
| Dorothy Hodgkin Prize | ||||||
| Fund | 8,705 | - | - | - | - | 8,705 |
| Chemical Group Teaching | ||||||
| School | 39,693 | 50,524 | (51,440) | - |
- | 38,777 |
| Chemical Group Fund | 2,629 | 123 | 4,710 | - | - | 7,462 |
| Industrial Group Fund | 40,372 | 4,058 | (9,482) | - |
- | 34,948 |
| Biological Structures Group | ||||||
| Fund | 8,458 | 651 | (3,460) | - |
- | 5,649 |
| Durward Cruikshank Fund | 1,281 | - | - | - | - | 1,281 |
| Young Crystallographers | ||||||
| Group Fund | 537 | - | - | - | - | 537 |
| Physical Crystallography | ||||||
| Group | - | - | - | - | - | - |
| 132,852 | 55,356 | (60,822) | - |
- | 127,386 |
|
| Unrestricted funds | ||||||
| General Fund | 136,210 | 119,249 | (124,168) | - |
18,000 | 149,292 |
| Total of funds | 269,062 | 174,605 | (184,990) | - |
18,000 | 276,678 |
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