| Page | |||
|---|---|---|---|
| Trustees' report |
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| Statement oftrustees' |
responsibilities | 15 | |
| Independent examiner's |
report | 16 | |
| Statement offinancial | activities | 17 | |
| Balance sheet | 18 | ||
| Notes to the financial | statements | 19-27 |
| Trustees | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The trustees of |
the | charity, who are also the directors |
of the company, | are the Officers | and | other | elected | ||||||
| members ofthe |
Council of the Society as shown below. |
Council | is the | Society's governing | body | and consists of | |||||||
| the Trustees as well | as co-opted and ex-officio members. | The members | of | Council which have held office since | |||||||||
| 1 July 2021 are as follows: | |||||||||||||
| Officers | |||||||||||||
| Mrs PParker | President (from December 2020) |
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| Prof A Lim | President-Elect (from December 2020) |
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| Mrs C Kirkpalnck | Development Office(from December2018) |
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| DrP Canlin | Honorary Secretary (from December 2020) | ||||||||||||
| Mrs A Hall | Honorary Treasurer (irom December 2020) |
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| Elected members | Dates (s)ofappointment | ||||||||||||
| Mr Gareth Bolton | January 2018 until December |
2020, | then | January 2021 until |
December | ||||||||
| 2022 | |||||||||||||
| Dr Sian Curtis | January 2019until December | 2021, then January | 2022 until | December | 2023 | ||||||||
| Mr Colin Griffin | January 2019until December | 2021 | |||||||||||
| Dr Nigel Grunshaw | January 2021 until December | 2023 | |||||||||||
| DrJeanette Kraft |
January 2021 until December | 2023 | |||||||||||
| Dr Piero Miloro | January 2019 until December | 2021, then January | 2022 until | December | 2023 | ||||||||
| Mrs Borsha Sarker | January 2017 until December | 2019,then January | 2022 until | December | 2021 | ||||||||
| Ms Shaunna Smith |
January 2022 until December | 2024 | |||||||||||
| Ex-officio membem | |||||||||||||
| Mr Colin Griffin | Senior Editor ofthe Journal (appointed |
December | 2021) | ||||||||||
| Dr P Verma | Chair ofPhysics & Safety Committee | (appointed | December | 2020) | |||||||||
| Dr Ben Stenberg | Chair of The ASM Organising | Committee | |||||||||||
| Cowpted Members |
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| Dr Robin Hughes | (appointed December 2021) |
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| The principal address |
of the charity and the registered |
office of the company | are at | 27 Old | Gloucester | Street, | |||||||
| London WC1N 3AX.The charity is registered under the charity number 289541, |
and the company | is incorporated | |||||||||||
| with the company | registration number 01794511. |
| Organisational structure |
Organisational structure |
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|---|---|---|---|---|---|---|---|---|---|---|
| The Council of BMUS, which acts consisting of |
as its supreme | governing | Board, | comprises | of up to | 18 | UK-resident | members | ||
| a) | 5 Officers (the President, | the President | Elect, the | Development Officer, the |
Treasurer | and | ||||
| the Secretary -all |
ofwhom will have been chosen from among |
existing | members | of | ||||||
| the | Council), | |||||||||
| b) | up to 7elected members, | elected by the | membership | of BMUS, | ||||||
| c) | the Chairman ofthe Physics & Safety Committee (appointed |
by the Council), | ||||||||
| d) | The Chairman of the Scientific Organising Committee for |
the Annual Meeting |
(appointed | |||||||
| by Council), | ||||||||||
| e) f) |
the Senior Journal Editor, up to3co-opted members. |
(appointed by |
the Council) | and |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2021 | ||||
| Notes | f | f | |||
| Income and endowments | from. | ||||
| Membership subscriptions |
and donations | 162,778 | 135,940 | ||
| Charitable activities |
93,727 | 17,863 | |||
| Investment income |
653 | ||||
| Other income | 11,221 | 14,632 | |||
| Total income | 268,379 | 168,435 | |||
| ~Edit | |||||
| Cost of raising funds | 7 | 1,791 | 1,560 | ||
| Cost ofcharitable activities |
8 | 275,919 | 199,819 | ||
| Totalexpenditure | 277,710 | 201,379 | |||
| Net gains/(losses) | on investments | 12 | (2,663) | 10,723 | |
| Net movement in |
funds | (11,994) | (22,221) | ||
| Fund balances at 1 July 2021 | 378,064 | 400,285 | |||
| Fund balances at | 30June | 2022 | 366,070 | 378,064 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | E | E | ||||
| Fixed assets | ||||||
| Tangible assets | 13 | 2,647 | 2,887 | |||
| Investments | 14 | 51,313 | 53,834 | |||
| 53,960 | 56,721 | |||||
| Current assets | ||||||
| Debtors | 16 | 43,854 | 27,057 | |||
| Cash at bank and in | hand | 430,840 | 447,646 | |||
| 474,694 | 474,703 | |||||
| Creditors: amounts | falling due within | |||||
| one year | 17 | (162,584) | (153,360) | |||
| Net current assets | 312,110 | 321,343 | ||||
| Total assets less current liabilities | 366,070 | 378,064 | ||||
| Income funds | ||||||
| Unrestricted funds |
366,070 | 378,064 | ||||
| 366,070 | 378,064 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022f | 2021 f |
||
| Donations | and gifts | 14,467 | |
| Membership | fees | 148,311 | 135,940 |
| 162,778 | 135,940 |
| Annual | Study days | Journaland | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Scientific | and other | advertising | 2022 | 2021 | |||
| Meeting | education | royaldes | |||||
| 2022 | 2022 | 2022 | |||||
| E | 2 | 2 | |||||
| Sales within | charitable | activities | 40,987 | 35,801 | 16,939 | 93,727 | 17,863 |
| Investment | income | ||||||
| Unrestricted | Total | ||||||
| funds | |||||||
| 2022 | 2021f | ||||||
| interest receivable | 653 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022f | 2021 | |||
| Other income | 9,829 | 504 | ||
| Coronavirus | Job Retention | Grant | 1,392 | 14,128 |
| 11,221 | 14,632 |
| Unrestricted | Unrestncted | ||
|---|---|---|---|
| funds | funds | ||
| 2022f | 2021 6 |
||
| Fundraising | and publicity | ||
| Advertising | 1,370 | 1,213 | |
| Investment | management | 421 | |
| 1,791 | 1,560 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Staff costs | 122,258 | 108,240 | ||||||
| Depreciation and impairment |
924 | 787 | ||||||
| Direct costs ofeducation | provision | 49,195 | 3,688 | |||||
| Journal publishing |
costs | 34,494 | 29,540 | |||||
| Website costs | 11,641 | 1,091 | ||||||
| EFSUMB subscription | 9,565 | 9,655 | ||||||
| CASE subscription | 1,835 | 1,835 | ||||||
| Other subscriptions | 126 | 218 | ||||||
| Other direct costs | 4,391 | 2,950 | ||||||
| Historical collection | costs | 3,322 | 3,166 | |||||
| Hire and maintenance | of | equipment | 864 | 1,246 | ||||
| Rent rates and services | 12,723 | 11,335 | ||||||
| Printing postage & |
stationery | 1,663 | 1,048 | |||||
| Staff travel and expenses | 1,262 | 18 | ||||||
| Computer and software |
6,228 | 7,266 | ||||||
| Trustees' expenses | 192 | |||||||
| Office expenses | 2,238 | 175 | ||||||
| Other charitable expenditure |
10,190 | 14,369 | ||||||
| 272,919 | 196,819 | |||||||
| Share ofgovernance | costs (see note 9) | 3,000 | 3,000 | |||||
| 275,919 | 199,819 | |||||||
| 9 | Supportcosts | |||||||
| Support | Governance | 2022 | 2021 | |||||
| Costa | COStS | |||||||
| E | 6 | |||||||
| Accountancy | 3,000 | 3,000 | 3,000 | |||||
| 3,000 | 3,000 | 3,000 |
| The average monthly number ofemployees during the |
year was: | |
|---|---|---|
| 2022 | 2021 | |
| Number | Number | |
| Employment costs |
2022 | 2021 |
| Wages and salaries | 112,900 | 101,580 |
| Social security costs | 5,358 | 2,847 |
| Other pension costs | 4,000 | 3,813 |
| 122,258 | 108,240 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| E | f | |||
| Revaluation | of | investments | (2,663) | 10,944 |
| Gain/(loss) | on | sale of investments | (221) | |
| (2,663) | 10,723 |
| 13 | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|
| Plant and | Fixtures and | TOtal | ||||
| equipment | ilttinos | |||||
| f | ||||||
| Cost | ||||||
| At 1 July 2021 | 47,357 | 34,934 | 82,291 | |||
| Additions | 685 | 685 | ||||
| At 30June 2022 | 48,042 | 34,934 | 82,976 | |||
| Depreciation and impairment |
||||||
| At 1 July 2021 | 44,471 | 34,934 | 79,405 | |||
| Depreciation charged |
in the year | 924 | 924 | |||
| At 30June 2022 | 45,395 | 34,934 | 80,329 | |||
| Carrying amount |
||||||
| At 30June 2022 | 2,647 | 2,647 | ||||
| At 30June 2021 | 2,887 | 2,887 | ||||
| 14 | Fixed asset investments | |||||
| Unlisted | Cash in | Total | ||||
| investments | porffolio | |||||
| 6 | ||||||
| Cost or valuation | ||||||
| At 1 July 2021 | 53,834 | 53,834 | ||||
| Additions | 513 | 513 | ||||
| Valuation changes |
(2,663) | (2,663) | ||||
| Disposals | (371) | (371) | ||||
| At 30June 2022 | 50,800 | 513 | 51,313 | |||
| Carrying amount |
||||||
| At 30June 2022 | 50,800 | 513 | 51,313 | |||
| At 30June 2021 | 53,834 | 53,834 | ||||
| 15 | Financial instruments | 2022 | 2021 | |||
| 6 | ||||||
| Carrying amount offinancial assets |
||||||
| Instruments measured |
at fair value through | profit or loss | 50,800 | 53,834 |
| 16 | Debtors | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Amounts falling due |
within one year: | 6 | |||
| Other debtors | 18,896 | ||||
| Prepayments | and accrued income | 24,958 | 27,057 | ||
| 43,854 | 27,057 | ||||
| 17 | Creditors: amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| 6 | |||||
| Other taxation | and social security | 5,710 | 3,750 | ||
| Payments received on account |
62,621 | 64,340 | |||
| Trade creditors | 50,546 | 62,160 | |||
| Other creditors | 1,147 | 3,465 | |||
| Accruals and deferred | income | 42,560 | 19,645 | ||
| 162,584 | 153,360 |