## **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.
Page 1
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.
Page 1 2
**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.
Page 2 3
## **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:
- examine the accounts (under section 43 of the Act)
- 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:
- 1) which gives me reasonable cause to believe that in, any material respect, the trustees have met the requirements to ensure that:
- proper accounting records are kept (in accordance with section 41 or the Act); and
- accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
- 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
Page 3 4
## **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.
> Page 4 5
## **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
Page 5 6
**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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