THE SOCIETY FOR APPLIED PHILOSOPHY Registered Charity No. 287331
STATEMENT OF ACCOUNTS
YEAR ENDED 31 DECEMBER 2024
DNS Associates Chartered Accountants
382 Kenton Road Harrow, Middlesex United Kingdom HA3 8DP
THE SOCIETY FOR APPLIED PHILOSOPHY TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
Legal and Administrative information
The Society for Applied Philosophy is a registered charity and is governed by a set of rules adopted in 1989.
The officers of the Society at 31st December 2024 are as follows:
President Onora O'Neill Chair Helen Frowe (Stockholm) Honorary Treasurer Chris Bennett (Sheffield) Honorary Secretary Massimo Renzo (King's College, London)
Aims and Organisation
The object of the Society is the advancement of public education in the field of applied philosophy and the publication of its proceedings to the end.
The ordinary business of the Society is managed by an Executive Committee consisting of the officers and the following elected members at 31st December 2024.
Elected Members: Cathy Mason (Central European University) Valeria Ottonelli (Genova) Anneli Jefferson (Cardiff) Natasha McKeever(Leeds) Karam Chadha (Durham) Helen Frowe (Chair, Stockholm) Massimo Renzo (Hon. Sec, Kings' College London) Paulina Sliwa (Vienna) Chris Bennett (Hon. Treasurer, Sheffield)
Ex-officio Members: Peter Schaber (Zurich) Mario Paola Ferretti (Darmstadt) Serena Olsaretti (Pompeu Fabra)
Co-opted members: Avery Kohlers (JOAP co-editor) Tina Rulli (JOAP co-editor) Dana Nelkin (N. America overseas rep) Jon Cameron (Adminstrator)
Review of Activities
The Society continued to hold regular workshops on issues in applied philosophy. It also held its annual conference in July. It continues to publish its journal, The Journal of Applied Philosophy.
Review of Financial Position
The accounts have been prepared in accordance with the guidelines issued by the Charities Commission on Accounting for the Smaller Charity, and the comparative figures have been restated accordingly. The Receipts and Payments Account on page 3 shows a deficit of receipts over payments of £61642 (2023 - £50439 surplus) The Statement of Assets and Liabilities shows a decrease in net assets from £454027 to £392384.
All of the Society's funds are unrestricted.
Statement of Trustees' Responsibilities
The members of the Executive Committee are the trustees of the Society for the purpose of the Charities Act 1993. Law applicable to charities in England and Wales requires the trustees to prepare a receipts and payments account and statement of assets and liabilities for each financial year.
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The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the account and statement are properly presented and comply with applicable law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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THE SOCIETY FOR APPLIED PHILOSOPHY TRUSTEES' ANNUAL REPORT (cont'd) FOR THE YEAR ENDED 31 DECEMBER 2024
REPORT OF HONORARY CHAIR (2024)
The Society has continued to run smoothly in 2024. We held one EC meeting online and one in person, along with our AGM, at our annual conference, which took place in Oxford. In line with our remit to promote applied philosophy, the Society has continued to fund events and research in applied philosophy. We are revising our overseas representatives scheme in order to better promote the Society around the world. We continue to offer both doctoral and post-doctoral scholarships.
The Society's journal, the Journal of Applied Philosophy, continues to produce high-quality research in applied philosophy. We now have two co-editors, Avery Kolers from the University of Kentucky and Tina Rulli from UC Berkely.
Two of our EC members – Serena Olsaretti and Maria Paula Feretti – have reached the end of their terms; the Society is very grateful to them both for their nine years of service on the committee. They have been replaced by Cathy Mason from the Central European University and Valeria Ottonelli from the University of Genova.
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SOCIETY FOR APPLIED PHILOSOPHY
We report on the accounts of the Charity for the year ended 31 December 2024 which are set out on pages 2 to 7.
Respective Responsibilities of Trustees and Examiner
The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts (under section 43 of the Act)
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to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act); and to state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
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1) which gives me reasonable cause to believe that in, any material respect, the trustees have met the requirements to ensure that:
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proper accounting records are kept (in accordance with section 41 or the Act); and
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
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2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
DNS Associates Chartered Accountants 382 Kenton Road Harrow, Middlesex United Kingdom HA3 8DP
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THE SOCIETY FOR APPLIED PHILOSOPHY RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR TO 31 DECEMBER 2024
| Incoming Resources Note Receipts from publications, conferences and workshops Journal Royalties Conference Investment Income Interest Received Total Incoming Resources Direct Charitable Expenditure Journal Conference 4 Workshops/Supported Conference 9 Travel Grant Journal Prize SAP Annual Lecture Expenses Bursaries 6 Other Expenditure Honorarium Payments 7 Website Expense Bank Charges Accountancy ECM Expenses HMRC Tax Journal Honoraria 3 Society Administrator Society Administrator - Pension Subscription Depreciation Journal Administrator Miscellaneous Expenses Total Payments Movements in total funds for the year- Net ( DEFICIT) SURPLUS for the year Total funds brought forward Total funds carried forward |
£ £ 109036 15738 124774 6086 130860 1000 53418 23723 6985 2909 1288 36688 126010 6000 3716 1 1200 - 4312 26323 13224 1279 145 95 9299 898 66492 192502 (61642) 466714 405072 2024 |
£ £ 123767 24922 148689 1156 149845 1000 40062 27585 18119 2005 2642 36000 127413 6000 5877 - 1200 158 4237 32604 12503 1099 100 127 8969 - 72874 200287 (50439) 517153 466714 2023 |
£ £ 123767 24922 148689 1156 149845 1000 40062 27585 18119 2005 2642 36000 127413 6000 5877 - 1200 158 4237 32604 12503 1099 100 127 8969 - 72874 200287 (50439) 517153 466714 2023 |
|---|---|---|---|
| 200287 | |||
| (50439) 517153 |
|||
| 466714 |
There were no gains or losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
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THE SOCIETY FOR APPLIED PHILOSOPHY STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024
| Notes MONETARY ASSETS Bank and Cash balances: Cash at bank Net-Monetary Assets -held for functional use by the charity: Computer and Fax machine Cost Depreciation Total Assets LIABILITIES Creditors Accountants remunera 5 Net Assets |
£ £ 394500 394500 918 (634) 284 394784 2400 2400 392384 2024 |
£ £ 454848 454848 918 (539) 379 455227 1200 1200 454027 2023 |
£ £ 454848 454848 918 (539) 379 455227 1200 1200 454027 2023 |
|---|---|---|---|
| 2400 | 1200 | ||
| 455227 1200 |
|||
| 454027 |
The Annual Report was approved by the Trustees on
C Bennett Treasurer
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THE SOCIETY FOR APPLIED PHILOSOPHY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting Policies
Basis of Preparation of Accounts
The accounts have been prepared under section 42(3) of the Charities Act 1993, on the receipts and payments basis, following the guidance issued by the Charities Commission.
Direct Charitable Expenditure
All expenditure in connection with the Society's meetings and publications, has been treated as direct charitable expenditure in the Receipts and Payments Account.
Depreciation
Notional depreciation is shown in the Statement of Assets and Liabilities at the rate calculated to write off the cost of each asset evenly over its estimated useful life, as follows:
Computer and Office Equipment 25% on written down value
2 Trustees' Expenses
There were no Trustees 's expenses for the year.
3.Journal Honorarium payments
| A.Walsh C.Rulli M.Krishnamurth M.Mancilla Avery Kolers Adam Slavny Gerald Lang John Macmillan |
Amount (£) 3146 3135 3145 3107 6290 3000 3000 1500 |
|---|---|
| 26323 |
4.Conference Expenses
| Various University Travel expenses Various Individuals |
Amount (£) 32179 1276 19963 |
|---|---|
| 53418 |
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THE SOCIETY FOR APPLIED PHILOSOPHY NOTES TO THE ACCOUNTS (Cont) FOR THE YEAR ENDED 31 DECEMBER 2024
5. Creditors
| ditors | |
|---|---|
| Accountants Remuneration | Amount (£) 2400 |
| 2400 |
6. Post Graduate Scholarships/Grants
| Graduate Scholarships/Grants | |
|---|---|
| M.de la Cal R.Brione A.Berrotar |
Amount (£) 10000 10000 16688 |
| 36688 |
7. Honorarium Payments
| orarium Payments | |
|---|---|
| C.Bennet H.Frowe M.Renzo |
Amount (£) 1500 3000 1500 |
| 6000 |
8. Reserves Policy
In view of the charity's reliance on a single source of funding (The Journal of Applied Philosophy) and on going uncertainties in the field of academic publishing, the Trustees aim to maintain reserves that would enable them to cover roughly two to three years of normal activities and commitments.
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THE SOCIETY FOR APPLIED PHILOSOPHY NOTES TO THE ACCOUNTS (Cont) FOR THE YEAR ENDED 31 DECEMBER 2024
9. Conference Funding
| nce Funding | |
|---|---|
| UNIVERSITY OF NOTT SH18Q9 THE UNIVERSITY OF 90318659 OVERSEAS PAYMENT JOHN CABOT UNIVERS UNIVERSITY OF ABER Lockens CN10235-10 UNIVERSITY OF NEWC 9100095735 UNIVERSITY OF OXFO Philosophy Faculty UNIVERSITY OF WARW PhilosophyMindGrad OVERSEAS PAYMENT TRUSTEES OF BOSTON OVERSEAS PAYMENT UNIVERSIT DI PARM University of Kent 167.26434 UNIVERSITY OF OXFO BX2000 Coercing OVERSEAS PAYMENT MURDOCH UNIVERSITY UNIVERSITY OF MANC CA07356 UNIVERSITY OF GLAS Ana Cannilla OVERSEAS PAYMENT JAGIELLONIAN UNIVE |
Amount (£) 2,360 2,715 2,637 470 2,000 864 1,229 701 882 2,241 1,730 557 1,500 1,229 2,608 |
| 23,723 |
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