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|Trustees'
report||||
|Statement
oftrustees'||responsibilities|15|
|Independent
examiner's||report|16|
|Statement offinancial|activities||17|
|Balance sheet|||18|
|Notes to the financial|statements||19-27|
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|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)|||||||||||||
|Prof A Lim|President-Elect
(from December 2020)|||||||||||||
|Mrs C Kirkpalnck||Development
Office(from December2018)||||||||||||
|DrP Canlin|Honorary Secretary (from December 2020)|||||||||||||
|Mrs A Hall|Honorary
Treasurer
(irom December 2020)|||||||||||||
|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||||||||||||||
|Dr Robin Hughes||(appointed
December 2021)||||||||||||
|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.|||||||||||||
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|Organisational
structure|Organisational
structure||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|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|||||||
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|||||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|
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||||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|
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|||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||
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||||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|
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||||||||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|
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|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|
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||||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|
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|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|
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|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|