2021-06-30-accounts

		Page
Trustees' report		1-14
Statement of trustees'	responsibilities	15
Independent examiner's report
Statement offinancial	activities	17
Balance sheet		18
Notes to the financial	statements	19-27

Solicitor:				McCloy Legal, 4 The Shambles,	Bradford on Avon, Wiltshire	Bradford on Avon, Wiltshire
				BA151JS
Accountant:				SBM &Co, 24 Wandsworth Road, London SW8 2JW
Independent	Examiner:			SBM &Co, 24 Wandsworth Road, London SWS 2JW
Bankers:				Unity Trust Bank, 9 Brindleyplace,	Birmingham	B12HB
HR Advisers				RBS Mentor Services Limited, 36 StAndrew		Square,
				Edinburgh EH2 2YB
Investment	Manager:			Courtiers Investment Services Limited, 18a Hart Street,
				Henley-on-Thames, Oxfordshire	RG9 2AU
During the	year	the following	permanent members ofstaff formed the Secretariat			ofthe Society and
were responsible		for the day-to-day		running and management ofthe	charity.
Mrs J Whyte				Executive Officer
Ms ETucker				Development Manager
Mrs Hazel Edwards				Professional OfficerMrs T
Clarke				Office Administrator
Miss Jane McNulty				Events & Marketing Co-ordinator

Education Committee t membership.	o ensure that all	BMUS a	BMUS a	ctivities are of a q
The current membership	ofthe Professional	Standards		Group isas follows:
Mrs Catherine Kirkpatrick	Chair
Dr Alexandra Drought
Mr Colin Griffin
Dr Nigel Grunshaw
Mrs Alison Hall
Dr Chris Harvey
Mr Gerry Johnson
Mr Stephen Moore
Mrs Pamela Parker
Ms Ruth Reeve
Mr Mike Smith
Ms Morag Stout
Miss Gill Harrison	SCoR representative
Mrs Hazel Edwards	BMUS professional		Officer
Dr Trish Chudleigh	Special Advisor
Dr Rhodri Evans	Special Advisor
Dr Jeanette Kraft	Special Advisor

				Unrestricted	Unrestricted
				funds	funds
				2021	2020
			Notes		f
	wm	n
Membership subscriptions				135,940	135,968
Charitable activities				17,863	331,333
Investment income					1,709
Other income				14,632	18,166
Total income				168,435	487,176
RmttfIIIttfgJtg;
Cost ofraising funds			7	1,560	1,834
Cost ofcharitable	activities		8	199,819	467,574
Total resources expended				201,379	469,408
Net gains/(losses)	on investments		12	10,723	686
Net movement in	funds			(22,221)	18,454
Fund balances at	1 July	2020		400,285	381,831
Fund balances at 30June 2021				378,064	400,285

					2021		2020
				Notes	6
Fixed assets
Tangible assets				13		2,887		1,051
Investments				14		53,834		42,890
						56,721		43,941
Current assets
Debtors				16	27,057		25,857
Cash at bank and in		hand			447,646		477,234
					474,703		503,091
Creditors:	amounts	falling	due within
one year				17	(153,360)		(146,747)
Net current	assets					321,343		356,344
Total assets less current			liabilities			378,064		400,285
Income funds
Unrestncted	funds					378,064		400,285
						378,064		400,285

				Annual	Study days	Journal and	Total	Total
				Sclentigc	and other	advertising	2021	2020
				Meeting	education	royalties
				2021	2021	2021
				2	2
Sales	within	charitable	activities		5,885	11,978	17,863	331,333

6	Other income	Other income
				Unrestricted	Unrestricted
				funds	funds
				2021	2020
				6	f
	Other income			504	10,707
	Coronavirus	Job Retention	Grant	14,128	7,459
				14,632	18,166
7	Cost ofraising funds
				Unrestricted	Unrestricted
				funds	funds
				2021f	2020f
	Fundraising	and publicity
	Advertising			1,213	1,548
	Investment	management		347	286
				1,560	1,834

8	Cost ofcharitable	ac	tivi	ties
							2021 6	2020f
	Staffcosts						108,240	103,923
	Depreciation and impairment						787	974
	Direct costs ofeducation			provision			3,688	267,752
	Journal publishing	costs					29,540	34,151
	Website costs						1,091	976
	EFSUMB subscription						9,655	9,718
	CASE subscription						1,835	1,876
	Other subscripti one						218	123
	Other direct costs						2,950	2,634
	Historical collection	costs					3,166	4,366
	Hire and maintenance		of	equipment			1,246	891
	Rent rates and services						11,335	11,646
	Printing postage 8	stationery					1,048	2,480
	Staff travel and expenses						18	364
	Computer and software						7,266	4,898
	Trustees' expenses						192	3,996
	Office expenses						175	42
	Other charitable expenditure						14,369	6,828
							196,819	457,638
	Share ofgovernance		costs (see note 9)				3,000	9,936
							199,819	467,574
9	Supportcosts
					Support	Governance	2021	2020
					costs	costs
					f	6
	Committee venue hire							4,536
	Accountancy					3,000	3,000	5,400
						3,000	3,000	9,936

The average monthly number ofemployees during t	he year was:
	2021	2020
	Number	Number
Employment costs	2021	2020
		6
Wages and salanes	101,580	99,126
Social security costs	2,847	2,036
Other pension costs	3,813	2,761
	108,240	103,923

			Unrestricted	Unrestricted
			funds	funds
			2021	2020
				6
Revaluation	of	investments	10,944	662
Gain/(loss)	on	sale ofinvestments	(221)	24
			10,723	686

13	Tangible fixed assets
				Plant and	Fixtures and	Total
				equipment	fittings
					f.
	Cost
	At 1 July 2020			44,732	34,934	79,666
	Additions			2,625		2,625
	At 30June 2021			47,357	34,934	82,291
	Depreciation and impairment
	At 1 July 2020			43,683	34,934	78,617
	Depreciation charged	in the year		787		787
	At 30June 2021			44,470	34,934	79,404
	Carrying amount
	At 30June 2021			2,887		2,887
	At 30June 2020			1,051		1,051
14	Fixed asset investments
						Unlisted
						investments
						6
	Cost orvaluation
	At 1 July 2020					42,890
	Valuation changes					11,184
	Disposals					(240)
	At 30June 2021					53,834
	Carrying amount
	At 30June 2021					53,834
	At 30June 2020					42,890
15	Financial instruments				2021	2020
					6
	Carrying amount offinancial assets
	Instruments measured	at fair value through	profit or loss		53,834	42,890

16	Debtors
				2021	2020
	Amounts falling due within one year:			8
	Other debtors				4,329
	Prepayments	and accrued	income	27,057	21,528
				27,057	25,857
17	Creditors: amounts falling due within one year
				2021	2020
					8
	Other taxation	and social	security	3,750	4,924
	Payments received on account			64,340	53,491
	Trade creditors			62,160	65,081
	Other creditors			3,465	1,808
	Accruals and	deferred income		19,645	21,443
				153,360	146,747