| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 | |
| Report ofthe Independent Auditors |
7 | to | 9 | |
| Statement ofFinancial | Activities | 10 | ||
| Balance Sheet | ||||
| Notes to the Financial | Statements | 12 | to | 19 |
| Detailed Statement of | Financial Activities | 20 | to | 21 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| fund | funds | |||||
| Notes | ||||||
| INCOME | AND ENDOWMENTS | FROM | ||||
| Donations | and legacies | 14,150 | 655 | |||
| Charitable | activities | |||||
| Conference | 215,800 | 105,940 | ||||
| Investment | income | 10,908 | 11,159 | |||
| Total | 240,858 | 117,754 | ||||
| EXPENDITURE ON | ||||||
| Charitable | activities | |||||
| Conference | 235,432 | 111,937 | ||||
| Other | 11,634 | 7,516 | ||||
| Total | 247,066 | 119,453 | ||||
| Net gains on investments | 30,307 | 27,417 | ||||
| NET INCOME | 24,099 | 25,718 | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 458,617 | 432,899 | |||
| TOTAL FUNDS CARRIED FORWARD | 482,716 | 458,617 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| FIXEDASSETS | ||||
| Investments | 12 | 387,870 | 357,563 | |
| CURRENT ASSETS | ||||
| Debtors | 13 | 55,389 | 9,235 | |
| Investments | 14 | 10,695 | 69,786 | |
| Cash at bank | 151,802 | 75,436 | ||
| 217,886 | 154,457 | |||
| CREDITORS | ||||
| Amounts falling due within |
one year | 15 | (113,040) | (33,403) |
| NET CURRENT ASSETS | 104,846 | 121,054 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 492,716 | 478,617 | ||
| CREDITORS | ||||
| Amounts falling due after more than one year |
16 | (10,000) | (20,000) | |
| NET ASSETS | 482,716 | 458,617 | ||
| FUNDS | 17 | |||
| Unrestricted funds |
482,716 | 458,617 | ||
| TOTAL FUNDS | 482,716 | 458,617 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 2022 | 2021 | |
| Donations | 14,150 | 655 |
| INVESTMENT INCOME | ||
| 2022 | 2021 | |
| Interest received | 17 | 49 |
| Income fi.om unit trusts | 10,891 | 11,110 |
| 10,908 | 11,159 |
| INCOME | FRO | M CHARITAB | LE ACTIVITIES | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Activity | |||||
| Conference | fees | Conference | 75,300 | 36,390 | |
| Sponsorship | Conference | 135,500 | 64,550 | ||
| Frank Parkinson | Trust grant | Conference | 5,000 | 5,000 | |
| 215,800 | 105,940 | ||||
| CHARITABLE | ACTIVITIES | COSTS | |||
| Direct | |||||
| Costs (see | |||||
| note 6) | |||||
| Conference | 235,432 |
| DIRECT | COST | S OF | CHARITABLE ACTIVITIES | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Insurance | 3,871 | ||||
| Accommodation | and catering | 13,400 | |||
| Speaker costs | 8,813 | 1,022 | |||
| Conference | organising | and secretarial | 41,928 | 40,147 | |
| Sponsorship | costs | 14,346 | 7,360 | ||
| Council meetings | and expenses | 19,259 | 2,204 | ||
| Marketing | and publicity | 43,568 | 33,498 | ||
| Equipment | hire | 73,914 | 27,706 | ||
| Industry research |
16,333 | ||||
| 235,432 | 111,937 |
| 7. | SUPPORT COSTS | |||||
|---|---|---|---|---|---|---|
| Governance | ||||||
| Finance | costs | Totals | ||||
| Other resources expended | 3,531 | 8,103 | 11,634 | |||
| 8. | NET INCOME/(EXPENDITURE) | |||||
| Net income/{expenditure) | is stated | after charging/{crediting): | ||||
| 2022 | 2021 | |||||
| Auditors' remuneration |
4,763 | 3,963 | ||||
| 9. | TRUSTEES' REMUNERATION | AND BENEFITS |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| MARKET VALUE | |
| At 1 March 2021 | 357,563 |
| Revaluations | 30,307 |
| At 28 February 2022 | 387,870 |
| NET BOOK VALUE | |
| At 28 February 2022 | 387,870 |
| At 28 February 2021 | 357,563 |
| 2022 | 2021 | ||
|---|---|---|---|
| Amounts | falling due within one year: | ||
| Trade debtors | 420 | 4,929 | |
| Other debtors | 26,234 | 2,306 | |
| VAT | 27,735 | ||
| 54,389 | 7,235 | ||
| Amounts | falling due after more than one year: | ||
| Other debtors | 1,000 | 2,000 | |
| Aggregate | amounts | 55,389 | 9,235 |
| 2022 | 2021 | ||
|---|---|---|---|
| COIF Deposit Fund | 10,695 | 69,786 | |
| CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR | |||
| 2022 | 2021 | ||
| Trade creditors | 82,132 | 808 | |
| VAT | 8,861 | ||
| Accruals and deferred |
income | 30,908 | 23,734 |
| 113,040 | 33,403 |
| CREDI | TOR | S | : AMO | UNTS FA | LLING DUK AFTER MORE THA | N ONK YEAR | ||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| Accruals | and | deferred | income | 10,000 | 20,000 | |||
| MOVEMKNT | IN FUNDS | |||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.3.21 | in funds | 28.2.22 | ||||||
| Unrestricted | funds | |||||||
| General | fund | 458,617 | 24,099 | 482,716 | ||||
| TOTAL | FUNDS | 458,617 | 24,099 | 482,716 | ||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| Unrestricted | funds | |||||||
| General | fund | 240,858 | (247,066) | 30,307 | 24,099 | |||
| TOTAL | FUNDS | 240,858 | (247,066) | 30,307 | 24,099 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.3.20 | in funds | 28,2.21 | |||
| Unrestricted | funds | ||||
| General | fund | 432,899 | 25,718 | 458,617 | |
| TOTAL | FUNDS | 432,899 | 25,718 | 458,617 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 117,754 | (119,453) | 27,417 | 25,718 | |
| TOTAL FUNDS | 117,754 | (119,453) | 27,417 | 25,718 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| INCOME AND | ENDOWMENTS | |||
| Donations and legacies |
||||
| Donations | 14,150 | 655 | ||
| Investment income |
||||
| Interest received | 17 | 49 | ||
| Income f'rom unit | trusts | 10,891 | 11,110 | |
| 10,908 | 11,159 | |||
| Charitable activities |
||||
| Conference fees |
75,300 | 36,390 | ||
| Sponsorship | 135,500 | 64,550 | ||
| Frank Parkinson | Trust | grant | 5,000 | 5,000 |
| 215,800 | 105,940 | |||
| Total incoming | resources | 240,858 | 117,754 | |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Insurance | 3,871 | |||
| Accommodation | and catering | 13,400 | ||
| Speaker costs | 8,813 | 1,022 | ||
| Conference organising |
and secretarial | 41,928 | 40,147 | |
| Sponsorship costs |
14,346 | 7,360 | ||
| Council meetings | and expenses | 19,259 | 2,204 | |
| Marketing and publicity |
43,568 | 33,498 | ||
| Equipment hire |
73,914 | 27,706 | ||
| Industry research |
16,333 | |||
| 235,432 | 111,937 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 3,531 | 1,498 | ||
| Governance costs |
||||
| Auditors' remuneration |
4,763 | 3,963 | ||
| Carried forward | 4,763 | 3,963 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Governance costs |
||||
| 13rought forward | 4,763 | 3,963 | ||
| Insurance | 1,774 | 705 | ||
| Other costs | 1,566 | 1,350 | ||
| 8,103 | 6,018 | |||
| Total resources expended | 247,066 | 119,453 | ||
| Net expenditure | before gains and losses | (6,208) | (1,699) | |
| Realised recognised | gains and losses | |||
| Realised gains/(losses) | on fixed asset investments | 1,173 | ||
| Net expenditure | (6,208) | (526) |