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