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¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
**THE WESTERN FRONT ASSOCIATION**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2023**
|Unrestricted
funds
Notes
£
**INCOME AND**
**ENDOWMENTS FROM**
Donations and legacies
2
**74,144**
**Charitable activities**
5
Charitable activity
**182,993**
Other trading activities
3
**219,652**
Investment income
4
**3,794**
**Total**
**480,583**
**EXPENDITURE ON**
Raising funds
6
**5,519**
**Charitable activities**
7
Charitable activity
**413,128**
**Total**
**418,647**
Net gains/(losses) on
investments
**(8,037)**
**NET INCOME**
**53,899**
**RECONCILIATION OF**
**FUNDS**
Total funds brought forward
**557,088**
**TOTAL FUNDS CARRIED**
**FORWARD**
**610,987**|Restricted
Endowment
funds
funds
£
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2,182**
**-**
**2,182**
**-**|**2023**
**Total**
**funds**
**£**
**74,144**
**182,993**
**219,652**
**3,794**
**480,583**
**5,519**
**413,128**
**418,647**
**(8,037)**
**53,899**
**559,270**
**613,169**|2022
Total
funds
£
36,875
184,709
269,208
1,595
492,387
9,020
325,166
334,186
(23,821)
134,380
424,890
559,270|
|---|---|---|---|
The notes form part of these financial statements
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
**THE WESTERN FRONT ASSOCIATION**
## **BALANCE SHEET 30TH JUNE 2023**
|Notes
**FIXED ASSETS**
Tangible assets
13
Investments
14
**CURRENT ASSETS**
Stocks
15
Debtors
16
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
17
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
19
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**2023**
**£**
**37**
**168,428**
**168,465**
**5,061**
**74,096**
**479,540**
**558,697**
**(113,993)**
**444,704**
**613,169**
**613,169**
**610,987**
**2,182**
**613,169**|2022
£
-
151,806
151,806
2,366
145,439
356,263
504,068
(96,604)
407,464
559,270
559,270
557,088
2,182
559,270|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Anthony Bolton - Trustee
The notes form part of these financial statements
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
¬·³» ±º ¬¸» ¼±²¿¬·±²ò
## ײ½±³»
³»¿«®»¼ ®»´·¿¾´§ò
## ͬ±½µ
## Ú«²¼ ¿½½±«²¬·²¹
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
°«®°±»ò
## Ú±®»·¹² ½«®®»²½·»
## Ù±·²¹ ½±²½»®²
¬¿¬»³»²¬ò
## **2. DONATIONS AND LEGACIES**
|Unrestricted
funds
£
Donations and legacies
**51,317**
Gift aid
**22,827**
**74,144**
**OTHER TRADING ACTIVITIES**
Unrestricted
funds
£
Conference income
**1,128**
Stand To! and Bulletin
reprints and back-issues
**436**
Stand To! advertising
**1,014**
DVD sales
**178**
Calendar sales
**7,596**
Branded goods
**1,027**
Ancestry Royalties
**208,273**
**219,652**|Restricted
Endowment
funds
funds
£
£
**-**
**-**
**-**
**-**
**-**
**-**
Restricted
Endowment
funds
funds
£
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2023**
2022
**Total**
Tota
**funds**
fund
**£**
£
**51,317**
5,06
**22,827**
31,81
**74,144**
36,87
**2023**
2022
**Total**
Tota
**funds**
fund
**£**
£
**1,128**
1,91
**436**
25
**1,014**
82
**178**
68
**7,596**
8,34
**1,027**
1,70
**208,273**
255,48
**219,652**
269,20|
|---|---|---|
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **4. INVESTMENT INCOME**
|Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
Investment dividends
**3,194**
**-**
**-**
Deposit account interest
**303**
**-**
**-**
Investment interest
**297**
**-**
**-**
**3,794**
**-**
**-**
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Members' subscriptions
Charitable activity
**6.**
**RAISING FUNDS**
**Other trading activities**
Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
Branded goods purchases
and expenses
**199**
**-**
**-**
DVD purchases and
royalties
**544**
**-**
**-**
Calendar expenses
**4,776**
**-**
**-**
**5,519**
**-**
**-**
**7.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs (see
note 8)
£
Charitable activity
**230,989**|**2023**
**Total**
**funds**
**£**
**3,194**
**303**
**297**
**3,794**
**2023**
**£**
**182,993**
**2023**
**Total**
**funds**
**£**
**199**
**544**
**4,776**
**5,519**
Support
costs (see
note 9)
£
**182,139**|2022
Total
funds
£
1,354
65
176
1,595
2022
£
184,709
2022
Total
funds
£
1,027
2,747
5,246
9,020
Totals
£
**413,128**|
|---|---|---|
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **8. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|**2023**
**£**
Cost of production - Stand To!
**80,232**
Cost of production - Bulletin
**62,225**
Book Review Editor
**1,953**
Promotional events
**283**
November 11th expenses
**15,526**
Armistice Day Filming
**24,800**
Branch support
**2,779**
Branch Speakers' List
**1,265**
University grants
**1,105**
Pension Record cards storage
**3,818**
Wreaths, donations and other costs
**1,812**
The Butte de Warlencourt
**-**
Other projects
**10,674**
Cost of Conferences
**14,908**
PhD sponsorship
**7,003**
Webinar Talk costs
**2,606**
Virtual Tours costs
**-**
**230,989**
**9.**
**SUPPORT COSTS**
Governance
Management
costs
£
£
Charitable activity
**132,297**
**49,842**|2022
£
67,217
35,509
1,906
25
6,383
7,896
1,727
1,265
2,592
5,680
16,089
1,183
15,210
2,969
7,000
4,408
9,525
186,584
Totals
£
**182,139**|
|---|---|
Remuneration paid to the auditors for the year ended 30th June 2023 was £5,600 (2022: £5,000), of which £3,000 (2022: £2,500) related to audit services and £2,600 (2022: £2,500) related to non-audit services.
Support costs, included in the above, are as follows:
## **Management**
|Wages and salaries
Pensions
Insurance
Postage
Telephone
Stationery, photocopy and computer
expenses
Advertising, promotion, communications
and public relations
Sundries
Carried forward|**2023**
Charitable
activity
**£**
**34,113**
**1,396**
**2,134**
**5,724**
**769**
**15,151**
**15,412**
**9,562**
**84,261**|2022
Total
activities
£
**34,776**
**811**
**2,670**
**6,932**
**1,489**
**11,080**
**12,306**
**7,274**
**77,338**|
|---|---|---|
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **9. SUPPORT COSTS - continued**
## **Management - continued**
|Brought forward
Travelling and subsistence
Digital and website costs
Bank and credit card charges
Subscriptions
Rental of storage space
Investment manager fees
New membership cards
Exchange differences
Deprecation of tangible assets
**Governance costs**
Auditors' remuneration
Accountancy fees
Trustee meetings
AGM expenses
Legal fees|**2023**
Charitable
activity
**£**
**84,261**
**7,440**
**29,917**
**5,176**
**995**
**530**
**1,001**
**2,959**
**-**
**18**
**132,297**
**2023**
Charitable
activity
**£**
**4,640**
**15,324**
**7,751**
**18,827**
**3,300**
**49,842**|2022
Total
activities
£
**77,338**
**907**
**20,985**
**3,056**
**446**
**569**
**975**
**1,205**
**(1)**
**-**
**105,480**
2022
Total
activities
£
**2,500**
**9,250**
**3,027**
**18,325**
**-**
**33,102**|
|---|---|---|
## **Governance costs**
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30th June 2023 nor for the year ended 30th June 2022.
## **Trustees' expenses**
||**2023**|2022|
|---|---|---|
||**£**|£|
|**Trustees**|||
|Anthony Bolton|**-**|-|
|Richard Hughes|**2,854**|1,996|
|Mark Macartney|**1,186**|662|
|David Tattersfield|**1,325**|942|
|Tom Thorpe|**1,555**|1,141|
|Garry Trown|**-**|256|
|Colin Wagstaff|**581**|461|
|Gerard White|**791**|318|
|Jill Stewart|**1,539**|736|
|Evelyn Wilson|**26**|150|
|Ronald Renner|**-**|-|
|Adam Prime|**29**|-|
|Sherri Collins|**268**|-|
|Gary Haines|**29**|-|
|Morris Charlton|**250**|-|
|Derek Blair|**38**|-|
|**Appointees**|||
|Matthew Leonard|**-**|129|
||**-----------**|------------|
||**10,471**|6,791|
||**======**|======|
Expenses reimbursed include the costs of travelling, subsistence, telephone, postage and other administrative expenses paid personally by Trustees and Appointees.
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
|**11.**
**STAFF COSTS**
Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Administration of WFA Office|**2023**
**£**
**34,113**
**1,396**
**35,509**
**2023**
**2**|2022
£
34,776
811
35,587
2022
2|
|---|---|---|
No employees received emoluments in excess of £60,000.
The Trustees are considered to be the key management personnel of the charity. The Trustees received no remuneration or other short term benefits during the period or the preceding year.
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
36,875
**Charitable activities**
Charitable activity
184,709
Other trading activities
267,292
Investment income
1,595
**Total**
490,471
**EXPENDITURE ON**
Raising funds
9,020
**Charitable activities**
Charitable activity
322,092
**Total**
331,112
Net gains/(losses) on investments
(23,821)
**NET INCOME/(EXPENDITURE)**
135,538
**Transfers between funds**
(407)
**Net movement in funds**
135,131
**RECONCILIATION OF FUNDS**
Total funds brought forward
421,957
**TOTAL FUNDS CARRIED FORWARD**
557,088|Restricted
Endowment
funds
funds
£
£
-
-
-
-
1,916
-
-
-
1,916
-
-
-
3,074
-
3,074
-
-
-
(1,158)
-
407
-
(751)
-
2,933
-
2,182
-|Total
funds
£
36,875
184,709
269,208
1,595
492,387
9,020
325,166
334,186
(23,821)
134,380
-
134,380
424,890
559,270|
|---|---|---|
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **13. TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|
|||Website,||
||Office|eshop and||
||equipment|database|Totals|
||£|£|£|
|**COST**||||
|At 1st July 2022|**1,066**|**12,270**|**13,336**|
|Additions|**55**|**-**|**55**|
|At 30th June 2023|**1,121**|**12,270**|**13,391**|
|**DEPRECIATION**||||
|At 1st July 2022|**1,066**|**12,270**|**13,336**|
|Charge for year|**18**|**-**|**18**|
|At 30th June 2023|**1,084**|**12,270**|**13,354**|
|**NET BOOK VALUE**||||
|At 30th June 2023|**37**|**-**|**37**|
|At 30th June 2022|-|-|-|
|**FIXED ASSET INVESTMENTS**||||
||||Listed|
||||investments|
||||£|
|**MARKET VALUE**||||
|At 1st July 2022|||**151,806**|
|Additions|||**35,576**|
|Disposals|||**(15,171)**|
|Revaluations|||**(3,783) **|
|At 30th June 2023|||**168,428**|
|**NET BOOK VALUE**||||
|At 30th June 2023|||**168,428**|
|At 30th June 2022|||151,806|
|There majority of investments are held within the UK.||||
|Cost or valuation at 30th June 2023 is represented by:||||
||||**Listed**|
||||**investments**|
||||**£**|
|Valuation in 2023|||**(3,783)**|
|Cost|||**172,211**|
||||**168,428**|
## **14. FIXED ASSET INVESTMENTS**
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
|**15.**
**STOCKS**
Branded goods
**16.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Tax recoverable
VAT
Prepayments and accrued income
**17.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Other creditors
Deferred income
Accrued expenses|**2023**
**£**
**5,061**
**2023**
**£**
**-**
**8,851**
**6,322**
**58,923**
**74,096**
**2023**
**£**
**23,158**
**1,301**
**470**
**82,801**
**6,263**
**113,993**|2022
£
2,366
2022
£
134
13,972
4,553
126,780
145,439
2022
£
6,718
454
-
83,769
5,663
96,604|
|---|---|---|
Deferred income primarily represents amounts received from members for their annual subscriptions fees, as detailed in the table below:
|Balance as at 1st July 2022
Amounts received from members
Amounts released to membership income
Balance as at 30th June 2023|**2023**
**£**
83,769
185,084
(186,053)
82,800|**2022**
**£**
84,423
184,055
(184,709)
83,769|
|---|---|---|
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **18. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Unrestricted
funds
£
Fixed assets
**37**
Investments
**168,428**
Current assets
**556,515**
Current liabilities
**(113,993)**
**610,987**
**19.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General Fund
**Restricted funds**
Battlefield War Memorials Funds
Ester & Derek Smith Memorial Fund
**TOTAL FUNDS**
Net movement in funds, included in the above are
**Unrestricted funds**
General Fund
**TOTAL FUNDS**|Restricted
Endowment
funds
funds
£
£
**-**
**-**
**-**
**-**
**2,182**
**-**
**-**
**-**
**2,182**
**-**
At 1.7.22
£
**557,088**
**2,084**
**98**
**2,182**
**559,270**
as follows:
Incoming
Resources
resources
expended
£
£
**480,583**
**(418,647)**
**480,583**
**(418,647)**|**2023**
2022
Total
Total
funds
funds
**£**
£
**37**
-
**168,428**
151,806
**558,697**
504,068
**(113,993)**
(96,604)
**613,169**
559,270
Net
movement
At
in funds
30.6.23
£
£
**53,899**
**610,987**
**-**
**2,084**
**-**
**98**
**-**
**2,182**
**53,899**
**613,169**
Gains and
Movement
losses
in funds
£
£
**(8,037)**
**53,899**
**(8,037)**
**53,899**|
|---|---|---|
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **19. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General Fund
**Restricted funds**
Battlefield War Memorials Funds
Ester & Derek Smith Memorial Fund
Conference Fund
**TOTAL FUNDS**|At 1.7.21
£
421,957
2,084
203
646
2,933
424,890|Net
movement
in funds
£
135,538
-
(105)
(1,053)
(1,158)
134,380|Transfers
between
funds
£
(407)
-
-
407
407
-|At
30.6.22
£
557,088
2,084
98
-
2,182
559,270|
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
Ester & Derek Smith Memorial Fund
Conference Fund
**TOTAL FUNDS**|Incoming
resources
£
490,471
-
1,916
1,916
492,387|Resources
expended
£
(331,112)
(105)
(2,969)
(3,074)
(334,186)|Gains and
Movement
losses
in funds
£
£
(23,821)
135,538
-
(105)
-
(1,053)
-
(1,158)
(23,821)
134,380|
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
Battlefield War Memorials Funds
Ester & Derek Smith Memorial Fund
Conference Fund
**TOTAL FUNDS**|At 1.7.21
£
421,957
2,084
203
646
2,933
424,890|Net
movement
in funds
£
189,437
-
(105)
(1,053)
(1,158)
188,279|Transfers
between
funds
£
(407)
-
-
407
407
-|At
30.6.23
£
610,987
2,084
98
-
2,182
613,169|
|---|---|---|---|---|
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
**THE WESTERN FRONT ASSOCIATION**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2023**
## **19. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
Ester & Derek Smith Memorial Fund
Conference Fund
**TOTAL FUNDS**|Incoming
resources
£
971,054
-
1,916|Resources
expended
£
(749,759)
(105)
(2,969)|Gains and
Movement
losses
in funds
£
£
(31,858)
189,437
-
(105)
-
(1,053)
-
(1,158)
(31,858)
188,279|
|---|---|---|---|
||1,916
972,970|(3,074)
(752,833)|-
(31,858)|
## **20. EMPLOYEE BENEFIT OBLIGATIONS**
The Association makes contributions to the pension scheme of its employee. The assets of the scheme are held separately from those of the Association in an independently administered fund. The pension cost charge represents contributions payable for the period. Contributions totalling £470 (2022: £134 receivable) were payable at the balance sheet date and are included in creditors.
## **21. RELATED PARTY TRANSACTIONS**
During the period the Association incurred expenditure through certain Trustees and Appointees or their close family members for services provided in furtherance of the Association's charitable objectives. These comprised:
£119,891 (2022: £95,178) to a company controlled by Ralph Lomas for printing and posting Stand To! and Bulletin and editing and commissioned article for Stand To! and Bulletin;
£4,802 (2022: £5,600) to Ralph Lomas for editing Stand To! and Bulletin;
£8,056 (2022: £7,800) to Jonathan Vernon for website editing and podcast services;
£2,323 (2022: £1,906) to Andrea Hetherington for editing of book reviews for Stand To!;
£7,196 (2022: £10,832) to Matthew Leonard for editing Stand To!;
Ralph Lomas (Bulletin Editor), Matt Leonard (Stand To! Editor) and Jonathan Vernon (Website Editor) attend Executive meetings by invitation and participate actively in the management of the Association.
During the period the Association provided support to Branches in the form of other costs to a value of £2,779 (2022: £1,727).
The outstanding balances due to Trustees totalled £Nil (2022: £1,351).
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
**THE WESTERN FRONT ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2023**
|Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations and legacies
**51,317**
**-**
**-**
Gift aid
**22,827**
**-**
**-**
**74,144**
**-**
**-**
**Other trading activities**
Conference income
**1,128**
**-**
**-**
Stand To! and Bulletin reprints
and back-issues
**436**
**-**
**-**
Stand To! advertising
**1,014**
**-**
**-**
DVD sales
**178**
**-**
**-**
Calendar sales
**7,596**
**-**
**-**
Branded goods
**1,027**
**-**
**-**
Ancestry Royalties
**208,273**
**-**
**-**
**219,652**
**-**
**-**
**Investment income**
Investment dividends
**3,194**
**-**
**-**
Deposit account interest
**303**
**-**
**-**
Investment interest
**297**
**-**
**-**
**3,794**
**-**
**-**
**Charitable activities**
Members' subscriptions
**182,993**
**-**
**-**
**Total incoming resources**
**480,583**
**-**
**-**
**EXPENDITURE**
**Other trading activities**
Branded goods purchases and
expenses
**199**
**-**
**-**
DVD purchases and royalties
**544**
**-**
**-**
Calendar expenses
**4,776**
**-**
**-**
**5,519**
**-**
**-**|Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations and legacies
**51,317**
**-**
**-**
Gift aid
**22,827**
**-**
**-**
**74,144**
**-**
**-**
**Other trading activities**
Conference income
**1,128**
**-**
**-**
Stand To! and Bulletin reprints
and back-issues
**436**
**-**
**-**
Stand To! advertising
**1,014**
**-**
**-**
DVD sales
**178**
**-**
**-**
Calendar sales
**7,596**
**-**
**-**
Branded goods
**1,027**
**-**
**-**
Ancestry Royalties
**208,273**
**-**
**-**
**219,652**
**-**
**-**
**Investment income**
Investment dividends
**3,194**
**-**
**-**
Deposit account interest
**303**
**-**
**-**
Investment interest
**297**
**-**
**-**
**3,794**
**-**
**-**
**Charitable activities**
Members' subscriptions
**182,993**
**-**
**-**
**Total incoming resources**
**480,583**
**-**
**-**
**EXPENDITURE**
**Other trading activities**
Branded goods purchases and
expenses
**199**
**-**
**-**
DVD purchases and royalties
**544**
**-**
**-**
Calendar expenses
**4,776**
**-**
**-**
**5,519**
**-**
**-**|Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations and legacies
**51,317**
**-**
**-**
Gift aid
**22,827**
**-**
**-**
**74,144**
**-**
**-**
**Other trading activities**
Conference income
**1,128**
**-**
**-**
Stand To! and Bulletin reprints
and back-issues
**436**
**-**
**-**
Stand To! advertising
**1,014**
**-**
**-**
DVD sales
**178**
**-**
**-**
Calendar sales
**7,596**
**-**
**-**
Branded goods
**1,027**
**-**
**-**
Ancestry Royalties
**208,273**
**-**
**-**
**219,652**
**-**
**-**
**Investment income**
Investment dividends
**3,194**
**-**
**-**
Deposit account interest
**303**
**-**
**-**
Investment interest
**297**
**-**
**-**
**3,794**
**-**
**-**
**Charitable activities**
Members' subscriptions
**182,993**
**-**
**-**
**Total incoming resources**
**480,583**
**-**
**-**
**EXPENDITURE**
**Other trading activities**
Branded goods purchases and
expenses
**199**
**-**
**-**
DVD purchases and royalties
**544**
**-**
**-**
Calendar expenses
**4,776**
**-**
**-**
**5,519**
**-**
**-**|Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations and legacies
**51,317**
**-**
**-**
Gift aid
**22,827**
**-**
**-**
**74,144**
**-**
**-**
**Other trading activities**
Conference income
**1,128**
**-**
**-**
Stand To! and Bulletin reprints
and back-issues
**436**
**-**
**-**
Stand To! advertising
**1,014**
**-**
**-**
DVD sales
**178**
**-**
**-**
Calendar sales
**7,596**
**-**
**-**
Branded goods
**1,027**
**-**
**-**
Ancestry Royalties
**208,273**
**-**
**-**
**219,652**
**-**
**-**
**Investment income**
Investment dividends
**3,194**
**-**
**-**
Deposit account interest
**303**
**-**
**-**
Investment interest
**297**
**-**
**-**
**3,794**
**-**
**-**
**Charitable activities**
Members' subscriptions
**182,993**
**-**
**-**
**Total incoming resources**
**480,583**
**-**
**-**
**EXPENDITURE**
**Other trading activities**
Branded goods purchases and
expenses
**199**
**-**
**-**
DVD purchases and royalties
**544**
**-**
**-**
Calendar expenses
**4,776**
**-**
**-**
**5,519**
**-**
**-**|2023
Total
funds
£
**51,317**
**22,827**
**74,144**
**1,128**
**436**
**1,014**
**178**
**7,596**
**1,027**
**208,273**
**219,652**
**3,194**
**303**
**297**
**3,794**
**182,993**|2022
Total
funds
£
5,061
31,814
36,875
1,916
259
825
683
8,342
1,702
255,481
269,208
1,354
65
176
1,595
184,709
492,387
1,027
2,747
5,246
9,020|
|---|---|---|---|---|---|
||**480,583**
**199**
**544**
**4,776**
**5,519**|**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**|**480,583**
**199**
**544**
**4,776**
**5,519**||
This page does not form part of the statutory financial statements
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í
**THE WESTERN FRONT ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2023**
|Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
**Charitable activities**
Cost of production - Stand To!
**80,232**
**-**
**-**
Cost of production - Bulletin
**62,225**
**-**
**-**
Book Review Editor
**1,953**
**-**
**-**
Promotional events
**283**
**-**
**-**
November 11th expenses
**15,526**
**-**
**-**
Armistice Day Filming
**24,800**
**-**
**-**
Branch support
**2,779**
**-**
**-**
Branch Speakers' List
**1,265**
**-**
**-**
University grants
**1,105**
**-**
**-**
Pension Record cards storage
**3,818**
**-**
**-**
Wreaths, donations and other
costs
**1,812**
**-**
**-**
The Butte de Warlencourt
**-**
**-**
**-**
Other projects
**10,674**
**-**
**-**
Cost of Conferences
**14,908**
**-**
**-**
PhD sponsorship
**7,003**
**-**
**-**
Webinar Talk costs
**2,606**
**-**
**-**
Virtual Tours costs
**-**
**-**
**-**
**230,989**
**-**
**-**
**Support costs**
**Management**
Wages and salaries
**34,113**
**-**
**-**
Pensions
**1,396**
**-**
**-**
Insurance
**2,134**
**-**
**-**
Postage
**5,724**
**-**
**-**
Telephone
**769**
**-**
**-**
Stationery, photocopy and
computer expenses
**15,151**
**-**
**-**
Advertising, promotion,
communications and public
relations
**15,412**
**-**
**-**
Sundries
**9,562**
**-**
**-**
Travelling and subsistence
**7,440**
**-**
**-**
Digital and website costs
**29,917**
**-**
**-**
Bank and credit card charges
**5,176**
**-**
**-**
Subscriptions
**995**
**-**
**-**
Rental of storage space
**530**
**-**
**-**
Investment manager fees
**1,001**
**-**
**-**
New membership cards
**2,959**
**-**
**-**
Exchange differences
**-**
**-**
**-**
Depreciation of office
equipment
**18**
**-**
**-**
**132,297**
**-**
**-**|2023
Total
funds
£
**80,232**
**62,225**
**1,953**
**283**
**15,526**
**24,800**
**2,779**
**1,265**
**1,105**
**3,818**
**1,812**
**-**
**10,674**
**14,908**
**7,003**
**2,606**
**-**
**230,989**
**34,113**
**1,396**
**2,134**
**5,724**
**769**
**15,151**
**15,412**
**9,562**
**7,440**
**29,917**
**5,176**
**995**
**530**
**1,001**
**2,959**
**-**
**18**
**132,297**|2022
Total
funds
£
67,217
35,509
1,906
25
6,383
7,896
1,727
1,265
2,592
5,680
16,089
1,183
15,210
2,969
7,000
4,408
9,525
186,584
34,776
811
2,670
6,932
1,489
11,080
12,306
7,274
907
20,985
3,056
446
569
975
1,205
(1)
-
105,480|
|---|---|---|
This page does not form part of the statutory financial statements
ßÒ ÒË ßÔ Î Û Ð ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í ¤
**THE WESTERN FRONT ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2023**
|Unrestricted
Restricted
Endowment
funds
funds
funds
£
£
£
**Management**
**Governance costs**
Auditors' remuneration
**4,640**
**-**
**-**
Accountancy fees
**15,324**
**-**
**-**
Trustee meetings
**7,751**
**-**
**-**
AGM expenses
**18,827**
**-**
**-**
Legal fees
**3,300**
**-**
**-**
**49,842**
**-**
**-**
Total resources expended
**418,647**
**-**
**-**
**Net income before gains and**
**losses**
**61,936**
**-**
**-**
**Realised recognised gains and losses**
Realised gains/(losses) on fixed
asset investments
**(8,037)**
**-**
**-**
**Net income**
**53,899**
**-**
**-**|2023
Total
funds
£
**4,640**
**15,324**
**7,751**
**18,827**
**3,300**
**49,842**
**418,647**
**61,936**
**(8,037)**
**53,899**|2022
Total
funds
£
2,500
9,250
3,027
18,325
-
33,102
334,186
158,201
(23,821)
134,380|
|---|---|---|
This page does not form part of the statutory financial statements
¤ ß ÒÒË ßÔ Î ÛÐ ÑÎÌ ú ßÝ ÝÑË ÒÌ Í î ð îî óî ð î í