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|Report ofthe Trustees||||||1to16|
|1 Objectives and Activities|||||||
|1.1
Objectives ofthe Association|||||||
|1.2
Highlights
of2023|||||||
|1.3
Collaborations|||||||
|2 Governance
and Management|||||||
|2.1
Governance|||||||
|2.2
Management|||||||
|2.3
Risk Management|||||||
|3 Achievements
and Performance:|||Continuing|Professional|Development||
|3.1
Annual
Conference|||||||
|3.2
One-Day Courses and|Other|CPD|||||
|3.3
Branches|||||||
|3.4
Working and Standing|Groups||||||
|4 Achievements
and Performance:|||Editorial||||
|5 Achievements
and Performance:|||Membership|and Marketing||10|
|5.1
Membership||||||10|
|5.2
Marketing||||||11|
|6 Plans for Future Periods||||||12|
|7 Financial Review||||||14|
|7.1
Reserves Policy||||||14|
|7.2
Results||||||14|
|7.3
The Outlook for 2024||||||14|
|7.4
Payment to Trustees||||||14|
|7.5
Investment
Powers and Policy||||||14|
|8 Reference and Administrative||Details||||15to 16|
|Independent
Examiner's
Report||||||17|
|Statement ofFinancial Activities||||||18|
|Balance Sheet||||||19|
|Notes to the Financial Statements||||||20to 32|
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|Personal/Personal
e|||1164|1297|1421|1372|
|---|---|---|---|---|---|---|
|NQT|||47|75|120|86|
|MAST|||||10||
|Student (paid membership)|||30|25|59|61|
|Student free e-Membership|||520|787|1069|1232|
|Concessions
includmg
e|||91|88|82|83|
|Large Institutions
including|e||33|34|36|30|
|Library Subscriptions|||148|160|165|169|
|Primary/Middle
Schools including||e|56|103|70|70|
|Secondary Schools including|e||129|148|151|146|
|Cluster Membershi|||31|29|14|15|
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|||Elizabeth Bridgett||
|---|---|---|---|
|||Lucy Dasgupta||
|reasurer||Stevie Devlin||
|||Louise Hoskyns-Staples|nd term 03/04/23|
|||Carol Knights||
|hair ofGeneral Council||Helen Madeley||
|Honorary|Secretary|Fin McLaughlin||
|||Jacob Merrill|o-opted 27/01/2024|
|||Richard Perring||
|||Sue Pope|o-opted 23/09/2023|
|||Freya Price|o-opted 23/09/2023|
|||Paul Hayden Rissbrook||
|||Andrew
Roberts|o-opted 23/09/2023|
|||Mahnaz
Siddiqui||
|||Richard Spillett||
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restdicted|Total|Total|
|||||Notes|funds
f.|funds
f|funds
f|fundsf|
|INCOME AND ENDOWMENTS||FROM|||||||
|Donations
and legacies|||||33||33|1,044|
|Membership|||||144,786||144,786|162,129|
|Charitable|activities||||||||
|Publications,|software and teaching||aids||22,102||22,102|31,688|
|Conferences|||||96,976||96,976|56,128|
|Professional|services||||1,630||1,630|2,470|
|Investment|income||||5,616||5,616|1,241|
|Other income||||||||308|
|Total|||||271,143||271,143|255,008|
|EXPENDITURE ON|||||||||
|Membership|costs||||14a,518||149,518|137,791|
|Charitable|activities||||||||
|Publications,|software and teaching||aids||25,906||25,906|27,245|
|Conferences|||||93,527||93,527|63,053|
|Professional|services||||2,913||2,913|2,624|
|Total|||||271,864||271,864|230,713|
|Net gainer(losses)
on investments|||||||||
|NET INCOME/(EXPENDITURE)|||||(721)||(721)|24,174|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds|brought
forward||||172,694|7,580|180,274|156,100|
|TOTAL FUNDS CARRIED FORWARD|||||171,973|7,580|179,553|180,274|
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|3.|DONATIONS
AND LEGACIES|DONATIONS
AND LEGACIES|DONATIONS
AND LEGACIES|||
|---|---|---|---|---|---|
|||||2023f|2022f|
||Donations|||33|1,044|
|4,|MEMBERSHIP|||||
|||||2023f|2022f|
||Subscriptions|||141,585|156,307|
||Advertising
and royalties|||3,201|5,822|
|||||144,786|162,129|
|5,|INVESTMENT INCOME|||||
|||||2023f|2022
f|
||Other fixed asset investments||—Barclays shares||13|
||Other fixed asset investments||-COIF|4,181|1,126|
||Deposit account interest|||1,435|102|
|||||5,616|1,241|
|I5,|INCOME FROM CHARITABLE ACTIVITIES|||||
||Activity|||2023f|2022f|
||Sales of publications,|||||
||software and teaching|aids||22,102|31,688|
||Conferences|||96,976|56,128|
||Professional
services|||1,630|2,470|
|||||120,708|90,286|
|'7.|OTHER INCOME|||||
|||||2023|2022f|
||Other Incoming resources||||308|
||Other income relates|to courses and sundry income.||||
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|Membership|||||||
|---|---|---|---|---|---|---|
||||||2023f|2022
f.'|
|Staff costs|||||67,464|58,572|
|Mathematics|teaching||||47,960|44,548|
|Advertising|and publicity||||1,471|2,570|
|Bad debts||||||27|
|Support costs|||||32,623|32,074|
||||||149,518|137,791|
|CHARITABLE ACTIVITIES COSTS|||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs
5|note 10)
f|Totals
f|
|Publications,|software and teaching||aids|18,720|7,186|25,906|
|Conferences||||83,520|10,007|93,527|
|Professional|services|||2,536|377|2,913|
|||||104,776|17,570|122,346|
|SUPPORT COSTS|||||||
||||||Governance||
|||||Management
8|costs
5|Totals
f|
|Raising donations||and legacies||29,421|3,202|32,623|
|Publications,|software and teaching||aids|6,497|689|7,186|
|Conferences||||9,022|985|10,007|
|Professional|services|||327|50|377|
|||||45,267|4,926|50,193|
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|||||||Publications,||
|---|---|---|---|---|---|---|---|
||||||Raising|software||
||||||donations|and||
||||||and|teaching||
||||||legacies|aids|Conferences|
||||||6|5|6|
|Trustees' expenses|||||1,255|276|362|
|Other operating||leases|||8,236|1,837|2,534|
|Insurance|||||1,583|353|474|
|Telephone|||||971|217|299|
|Sundries|||||277|60|85|
|Postage|||||964|217|299|
|Stationery|||||1,625|350|500|
|Equipment|support||&maintenance|||||
|Meeting expenses|||||1,455|324|448|
|Computer
development|||||7,025|1,555|2,161|
|Training||||||||
|Bank charges|||||1 133|235|349|
|Website expenses|||||2,890|622|889|
|Credit card|charges||||1,871|421|580|
|Depreciation|of|tangible||and heritage assets|136|30|42|
||||||29,421|6,497|9,022|
|||||||2023|2022|
||||||Professional|Total|Total|
||||||services|activities|activities|
||||||5||6|
|Trustees' expenses|||||10|1,903|1,040|
|Other operating||leases|||63|12,670|12,000|
|Insurance|||||24|2,434|2,855|
|Telephone|||||8|1,495|1,296|
|Sundries|||||4|426|1,483|
|Postage|||||15|1,495|3,812|
|Stationery|||||25|2,500|2,528|
|Equipment|support||&maintenance||||7,670|
|Meeting expenses|||||11|2,238|3,195|
|Computer
development|||||66|10,807|981|
|Training|||||||62|
|Bank charges|||||26|1,743|1,800|
|Website expenses|||||45|4,446|4,026|
|Credit card|charges||||29|2,901|2,511|
|Depreciation|of|tangible||and heritage assets|1|209|102|
||||||327|45,267|45,361|
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|Governance|c|osts|||||
|---|---|---|---|---|---|---|
||||||Publications,||
|||||Raising|software||
|||||donations|and||
|||||and|teaching||
|||||legacies
f|aids
f.|Conferences
f|
|Accountancy|fees|||2,698|580|830|
|Legal fees||||504|109|155|
|||||3,202|689|985|
||||||2023|2022|
|||||Professional|Total|Total|
|||||services
f|activities
f|activities
f|
|Accountancy|fees|||42|4,150|3,650|
|Legal fees||||8|776|365|
|||||50|4,926|4,015|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)|||is stated after charging/(crediting):||||
||||||2023f|2022
f|
|Depreciation|~|owned assets|||209|102|
|Other operating||leases|||12,670|12,000|
|Independent|examination||||4,150|3,650|
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|Trustees'|expenses|||
|---|---|---|---|
|||2023f|2022
f.|
|Trustees'|expenses|1,903|1,040|
|13.|STAFF COSTS|STAFF COSTS||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||||||||8|
||Wages and salaries|||||93,236|82,054|
||Social security costs|||||2,821|1,426|
||Other pension|costs||||5,393|4,599|
|||||||101,450|88,079|
||The average|monthly|number ofemployees||during the year was as follows:|||
|||||||2023|2022|
||Management|and administration||||4|4|
||No employees|received emoluments||in excess of860,000.||||
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|14.|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds
f|funds
f|fundsf|
||INCOME AND ENDOWMENTS||FROM|||||
||Donations
and legacies||||1,044||1,044|
||Membership||||162,129||162,129|
||Charitable
activities|||||||
||Publications,
sohware|and teaching||aids|31,688||31,688|
||Conferences||||56.128||56,128|
||Professional
services||||2,470||2,470|
||Investment
income||||1,241||1,241|
||Other income||||308||308|
||Total||||255,008||255,008|
||EXPENDITURE ON|||||||
||Raising funds: membership||||137,791||137,791|
||Charitable
activities|||||||
||Publications.
software|and teaching||aids|27,245||27,245|
||Conferences||||62,918|135|63,053|
||Professional
services||||2,624||2,624|
||Total||||230,578|135|230,713|
||Net gains/(losses)
on investments|||||||
||NET INCOME/(EXPENDITURE)||||24,309|(135)|24,174|
||RECONCILIATION
OF FUNDS|||||||
||Total funds brought
forward||||148,385|7,715|156,100|
||TOTAL FUNDS CARRIED FORWARD||||172,694|7,580|180,274|
|16,|TANGIBLE FIXEDASSETS|||||||
||||||Fixtures|||
||||||and|Computer||
||||||Sttings
f|equipment
f|Totals
f|
||COST|||||||
||At 1 January 2023 and|31 December||2023|3,730|42,936|46,666|
||DEPRECIATION|||||||
||At 1 January 2023||||3,617|42,491|46,108|
||Charge for year||||56|153|209|
||At 31 December 2023||||3,673|42,644|46,317|
||NET BOOK VALUE|||||||
||At 31 December 2023||||57|292|349|
||At 31 December 2022||||113|445|558|
|1tk|FIXEDASSET INVESTMENTS|FIXEDASSET INVESTMENTS|FIXEDASSET INVESTMENTS|FIXEDASSET INVESTMENTS|FIXEDASSET INVESTMENTS|||
|---|---|---|---|---|---|---|---|
|||||||2023
f|2022
f|
||Deposit accounts|||||96,181|92,167|
|||||||96,181|92,167|
||There were no investment|||assets outside the UK.||||
||Investments
(neither listed|||nor unlisted) were as follows:||||
|||||||2023|2022|
||||||||f|
||Deposit accounts opening|||balance||92,167|91,277|
||Deposit accounts movement||||in year|4,014|890|
|||||||96,181|92,167|
|17,|STOCKS|||||||
|||||||2023
f|2022
f|
||Stocks|||||8,696|10,746|
|18.|DEBTORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2023|2022
f|
||Trade debtors|||||23,581|17,397|
||Other debtors|||||167|460|
||Prepayments|and accrued||income||8,407|7,359|
|||||||32,155|25,216|
|19.|CREDITORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
|||||||2023|2022|
|||||||f|f|
||Trade creditors|||||6,457|7,273|
||Social security|and other||taxes||1,825|841|
||VAT|||||919|1,528|
||Other creditors|||||950|803|
||Accruals and|deferred|income|||63,252|70,697|
|||||||73,403|81,142|
##
|MOVEM|ENT|IN FU|NDS|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Net||
|||||||||movement|At|
||||||||At 1/1/23|in funds|31/12/23|
||||||||f|f|f|
|Unrestricted||funds||||||||
|General|fund||||||172,694|(721)|171,973|
|Restricted funds||||||||||
|G Giles|||||||4,506||4,506|
|G Hatch|||||||188||188|
|Bowland|Charitable||Trust||||1,886||1,886|
|Sam Costello|||||||1,000||1,000|
||||||||7.580||7,580|
|TOTAL|FUNDS||||||180,274|~721)|179,553|
|Net movement||in funds,||included||in the above are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources
f|expended
f|in funds
f|
|Unrestricted||funds||||||||
|General|fund||||||271,143|(271,864)|(721)|
|TOTAL|FUNDS||||||271,143|(271,864)|~721)|
|Comparatives||for|movement||in|funds||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1/1/22
f.|in funds
f|31/12/22
f|
|Unrestricted||funds||||||||
|General|fund||||||148,385|24,309|172,694|
|Restricted funds||||||||||
|G Giles|||||||4,506||4,506|
|G Hatch|||||||323|(135)|188|
|Bowland|Charitable||Trust||||1,886||1,886|
|Sam Costello|||||||1,000||1,000|
||||||||7,715|~135)|7,580|
|TOTAL|FUNDS||||||156,100|24,174|180,274|
##
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|MOVEMENT|IN FUNDS - c|ontinued|||||
|---|---|---|---|---|---|---|
|Comparative|net movement|in funds, induded|in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources
6|expended
6|losses
E|in funds
f|
|Unrestricted|funds||||||
|General
fund|||255,008|(230,578)|(121)|24,309|
|Restricted funds|||||||
|G Hatch||||(135)||(135)|
|TOTAL FUNDS|||255,008|~230,713)|~121)|24,174|
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