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2022-12-31-accounts

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS 31 December 2022

Chartered Institute of Library and Information Professionals

Trustees’ Report and Financial Statements

31 December 2022

CILIP: Registered charity number in England 313014 CILIP: Registered company number in England RC000780 CILIP: the Chartered Institute of Library and Information Professionals: Inaugurated April 2002 following the unification of the Institute of Information Scientists and the Library Association. Originally incorporated by the Library Association Royal Charter 1898. Registered office address: British Library, 96 Euston Road, London, NW1 2DB

Website: www.cilip.org.uk

Report of the Trustees For the year ended 31[st] December 2022

The trustees present their report along with the consolidated financial statements of the Chartered Institute of Library and Information Professionals (CILIP) for the Financial Year ended 31 December 2022. The accounts are those of CILIP and its 100% owned subsidiary CILIP Pathways Limited.

The financial statements have been prepared based on the accounting policies set out in note one to the financial statements and comply with the organisation’s Royal Charter. CILIP is a charity operating under Royal Charter registered with the Charity Commission (number 313014).

IMPACT:

CILIP changes lives by improving education, literacy and prosperity for all. We achieve this by raising standards in libraries, information and knowledge management.

VISION:

A professional community, dedicated to changing lives through quality information, services, and expertise.

MISSION:

To be the leading professional membership association for people working in information, knowledge, libraries, and related sectors.

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President’s foreword

It has been an honour for me to serve both as CILIP’s Vice President in 2022 and as President in 2023 – two very significant years in the long history of our professional association.

During this time CILIP has continued to strengthen its membership offer, creating new and impactful tools to help our members succeed, including through the new ‘future-ready’ Professional Knowledge and Skills Base (PKSB) and our leadership of sector Apprenticeships.

The CILIP team continues to deliver some of the most exciting and innovative work in the world of libraries, information and knowledge – for example, The Green Libraries Partnership, which is driving a new dialogue about our role in securing a more sustainable planet.

In responding to the Strategic Review commissioned by the Board in 2021, we have delivered decisive action to secure CILIP’s long-term future and to increase our profile and impact for our members.

Our relocation to new premises at the British Library has created new opportunities for partnership and development, and we have also celebrated the 125[th] Anniversary of our Royal Charter by creating the #CILIP125 list – an inspiring cohort of future leaders drawn from services across the whole breadth of the libraries, information, and knowledge management profession.

We know these are challenging times for the communities and users we serve, but CILIP is proud to be able to celebrate, champion, and support our members across more than 20 industry sectors. The impact our members have is incredible, but by standing together, we can achieve so much more – because together, We Are CILIP!

Mr John Trevor-Allen President, CILIP

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CILIP Annual Report

Chair’s introduction

It has been my pleasure to serve as Chair of the Board of Trustees and to work with the dedicated staff team at CILIP during this period of significant change and transition for our Association.

Our first responsibility as Trustees is to ensure that appropriate plans are in place to ensure the financial viability and stability of the organisation. In 2022, on the basis of professional advice commissioned in 2021, we began the process of relocating away from our former premises at Ridgmount Street and of closing our legacy Pension Scheme.

I am pleased to confirm that both actions were progressed during 2022, subject to appropriate legal and professional advice, and as a result, we are well on our way to securing the long-term sustainability of our professional body.

We Are CILIP , our strategy and action plan, set out a compelling vision for our professional community, dedicated to changing lives for the better through quality information, services and expertise. The accompanying Business Plan demonstrates how we will grow both our membership and wider income streams to support an ambitious programme of impact on behalf of our members.

I want to record sincere thanks, on behalf of myself and the Trustees to our volunteer community, and in particular to our Regional Member Networks, Special Interest Groups, Devolved Nations and Diversity Networks for their solidarity and support during this time of transition. Also, my personal thanks to our talented trustees and staff team, led by our Chief Executive, for their commitment and skill in navigating the changes. Together #WeAreCILIP.

As we look ahead, we do so from a position of real strength. CILIP is delivering clear impact and value for members, we are addressing some of the most pressing challenges facing our profession and working together to create new opportunities for professional development.

On behalf of the Board of Trustees of CILIP, I commend this Annual Report to you as an accurate report of the performance of the Charity during the previous year.

Sue Lacey Bryant Chair, CILIP Board of Trustees

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We Are CILIP – Strategy and objectives

CILIP is a leading national charity focused on changing lives by improving education, literacy and prosperity for all. We deliver our mission by raising standards in libraries, information and knowledge management.

This year, we are celebrating the 125th anniversary of our Royal Charter with a renewed focus on promoting economic and social wellbeing and environmental responsibility through quality information, services and expertise.

Strategic priorities

We Are CILIP , our 5-year strategy and action plan sets out four strategic priorities:

Services and activities

Our work to deliver this strategy is focused around four sets of services and activities on behalf of our membership:

Our values

CILIP’s work is inspired by our values, which include a commitment to social justice, intellectual freedom and evidence-based practice.

Four Nations

CILIP is a ‘four nations’ organisation, working to deliver public benefit in England, Scotland, Wales and Northern Ireland.

In Wales and Northern Ireland, our work is led by National Committees, CILIP Cymru Wales and CILIP Ireland. In Scotland, it is led by our partner organisation, CILIP in Scotland, which is independently registered with the Office of the Scottish Charity Regulator (OSCR) number SC038532.

Public benefit statement

As a Charity, CILIP is established for purposes which further public benefit, and the Trustees operate the Charity in furtherance of these purposes.

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Our Royal Charter commits us to “promote education and knowledge through the establishment and development of libraries and information services and to advance information science.” We deliver on this commitment through:

Our services support more than 200 million in-person visits to libraries per annum and a further c. 90 million online. Our work benefits 2 million school-aged children and more than 1 million patients and carers in the NHS each year.

Membership information

CILIP is the only chartered body in the world dedicated to uniting, supporting, and advocating for information professionals and librarians in all sectors. CILIP is pleased to have welcomed hundreds of new members to CILIP during the past year.

Any member can undertake professional registration with CILIP, and all those who meet the required standard receive official recognition in the form of Certification, Chartership, or Fellowship. Each of these professional standards are recognised by employers, both in the UK and internationally. All three levels of professional registration have been certified by Scottish Credit and Qualifications Framework, and have deemed to be equivalent to a Higher Certificate for Certification, a Bachelor’s degree for Chartership and a Master’s degree for Fellowship.

CILIP has a network of mentors who can support individuals going through the process of Professional Registration, and there are also a range of resources specially tailored to professional registration candidates.

CILIP’s commitment to all those working in the library, information and knowledge management sectors is a unique strength. It acts as a unifying body for the profession and helps to raise the profile of all those working in associated roles. It means that CILIP can advocate across sectors, build coalitions and partnerships, and develop new relationships to benefit all those who work in, or use information services. Members have benefitted from our core offer of community, advice, representation and access to expertise, and have pivoted to support post-pandemic recovery.

Membership is not only an investment in people’s skills and development, it is also an investment in the future of the profession helping to ensure that libraries, information and knowledge management services are valued and relevant in a world that is increasingly reliant on access to high-quality information.

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Volunteers at CILIP

Volunteers are the lifeblood of CILIP’s work, without whom we could not achieve any of the impacts described in this report. We benefit from a network of more than 1,000 active volunteers who contribute countless person-hours of time, effort and expertise to support our strategic aims.

CILIP would like gratefully to acknowledge the work of our volunteer mentors, assessors, Committee officers, Trustees and countless others for their tremendous contribution to our success.

Member Networks, Branches and Groups

Across the UK, the Member Networks (Regional Member Networks and Special Interest Groups) in England and the Branches and Groups in Scotland support a hugely impactful community of practice on behalf of our members.

Our Member Networks drive engagement, create new content and ideas, support professional development and ensure that our strategic development is rooted in specialist professional knowledge and expertise.

The Member Networks allow CILIP to be more responsive, to develop thought-leadership and evidencebased practice and to ensure that our support for our members is grounded in the contemporary realities for each of the sectors in which we operate.

Our new Diversity Networks have allowed our community to recognise and celebrate the contribution of people with lived experience of the protected characteristics under the 2010 Equality Act to our profession, while also providing a vital platform for career development and mutual support.

In addition to joining member networks within a member’s geographical area, members may join any group that they have an interest in, namely:

  1. Academic and Research Libraries group (ARLG)

  2. Commercial, Legal and Scientific Information group (CLSIG)

  3. Community, Diversity and Equality Group (CDEG)

  4. Digital Technology Group (DTG)

  5. Government Information Group (GIG)

  6. Health Libraries Group (HLG)

  7. Information Literacy group (ILG)

  8. International Library and Information group (ILIG)

  9. Knowledge and Information Management Group (KIM)

  10. Library and Information History Group (LIHG)

  11. Library and Information Research Group (LIRG)

  12. Local Studies Group (LSG)

  13. Marketing and Communication Group (MCG)

  14. Metadata and Discovery group (MDG)

  15. Prison Libraries Group (PLG)

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  1. Public and Mobile Libraries Group (PMLG)

  2. Rare Books and Special Collections Group (RBSCG)

  3. Retired Professional Group (RPG)

  4. School Libraries Group (SLG)

  5. UKeiG: the UK e-information Group

  6. Youth Libraries Group (YLG)

  7. BAME Network

  8. Disability Network

  9. LGBTQ+ Network

Member Networks are all external volunteers except Helen Berry (Workforce Development Manager) who was CILIP London RMN chair.

CILIP Pathways Limited

CILIP Pathways is CILIP’s wholly owned trading subsidiary which exists to provide end-point assessment services in support of apprenticeships in libraries, information and knowledge services.

CILIP Pathways supports CILIP’s public mission by providing open and inclusive pathways for more diverse candidates to develop a career in libraries, information or knowledge – thereby ensuring that their services are responsive to and reflective of the needs of the widest possible audience.

CILIP’s Stakeholders

CILIP is committed to achieving impact through partnership. We therefore work with a wide range of stakeholders across industry, Government, the third sector and the media. The majority of these relationships are non-financial and depend on the mutual contribution of time and capacity. However, CILIP also maintains a financial relationship with the following stakeholders or stakeholder groups:

Individual stakeholders

Stakeholder groups

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Additional information

- Grant making

CILIP has acted as a grant-making body for the Green Libraries Grant Fund which distributed more than £40,000 in social impact investment during 2022 thanks to the support of the Arts Council England.

CILIP has also worked with NHS England Workforce, Training and Education (formerly Health Education England) to distribute grants to 14 public library authorities to fund Health and Digital Literacy Pilot projects in collaboration with local healthcare trusts.

CILIP will only fund projects and activities which are charitable, and which fall within the scope of our charitable purpose. Grant applications are assessed by an independent panel which use the following criteria when assessing proposals:

CILIP took expert advice from the grants team at the Arts Council England to ensure that the Green Libraries Grant Fund, promotion, assessment, and awards were open, accountable and promoted equity and diversity in their outcomes.

Achievements and Performance

2022 was an incredibly busy year for the CILIP community, with a broad work programme delivering significant impact for our members and our public mission to change lives by raising standards in libraries, information and knowledge.

Key achievements included:

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Both as a central organisation and jointly with our Devolved Nations, Member Networks and Special Interest Groups, CILIP’s work in 2022 has had a significant impact on communities across the UK, helping to ensure that library and information services are accountable, trusted and maintained to the highest professional standards.

Our work has helped to promote the value of trust and evidence in public life, to promote the importance of evidence-based healthcare and to reinforce the case for literacy and skills across all sectors of the economy.

Fundraising

CILIP raises funds in support of our charitable objectives through a variety of activities:

All fundraising activity is carried out in-house and does not make use of 3[rd] parties or volunteers. Complaints relating to Fundraising activities would be managed through CILIP’s published Complaints Procedure. The number of complaints would be monitored as part of CILIP’s overall quality assurance by the Senior Leadership Team.

All communications relating to fundraising are carried out in the context of CILIP’s EDI Policy, which would also encompass the safeguarding of vulnerable people. Communications are also carried out in compliance with current Data Protection legislation and periodically reviewed.

CILIP’s fundraising activities include both restricted and unrestricted (general purpose) funds.

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Investments

No specific performance targets were set for investments in 2022 other than to maximise investment returns. A full review of CILIP’s Investment Policy will be undertaken in 2023 following the sale of our premises at 7 Ridgmount Street.

Operations and Governance

We have successfully maintained efficient, accountable and effective operations throughout 2022 in support of our charitable objects. Highlights of this work and its impact are set out below:

Outcome Activity Impact
Governance Effective
leadership		 CILIP continues to benefit from clear and effective
governance and leadership across the CILIP Trustee
Board, our national committees in CILIP Cymru Wales
and CILIP Ireland and our affiliated partner CILIP in
Scotland.
Accountability The relevant sections of the CILIP website are
regularly reviewed and maintained, and all non-
restricted governance papers are uploaded for
scrutiny by the membership.
Finance and
audit		 Statutory
compliance		 CILIP completed a successful audit for 2021 with no
material issues raised and the audited accounts were
approved by the membership, providing visibility on
the organisation’s financial performance.
Risk
management		 The Risk Register is maintained on an ongoing basis
by the CILIP Senior Leadership Team and scrutinised
by the Finance, Audit and Risk Committee with overall
ownership by the Board, providing an effective
ongoing structure for strategic and operational risk
management and control.
Facilities Office premises CILIP and CILIP in Scotland have continued to
maintain office premises in London and Glasgow.

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Financial Review

The financial statements were in the format required under the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP FRS 102) and the Statement of Financial Activities (SOFA) reflects the strategic priorities of CILIP.

Overview of 2022 financial position and performance for CILIP and CILIP Pathways

Limited

CILIP’s (group) income decreased by £242,509 from £4,091,535 in 2021 to £3,849,026 in 2022. This 6% decrease was mainly due to having received a large one-off COVID-related government funding in 2021. Training, events, and conference income increased by 66% reflecting a return to pre-COVID levels; publications increase by 30% from £642,063 in 2021 to £834,038 in 2022; whilst professional services decreased by 56% from £238,110 in 2021 to £105,523 in 2022.

CILIP’s (group) expenditure increased slightly by 10% from £3,901,107 in 2021 to £4,291,071 in 2022. This was in part due to the increase of training, events, and conference turnover.

In 2020, the CILIP Board agreed a COVID-19 Recovery Plan which included the following actions:

These actions were successful in sustaining CILIP’s operations through the 2020-22 period of disruption. The COVID-19 Recovery Plan was reviewed every six months and as the UK began to emerge from the pandemic, shifted to the repayment of liabilities incurred, including the phased repayment of the CBILS loan and the restoration of Member Network reserves against an agreed payment plan. All residual liabilities incurred during this period will have been paid down by the end of FY 2024.

Following the recommendations provided by BDO in their Strategic Review, CILIP also took steps to address our longer-term business strategy. The key elements of this included:

On the mandate of the CILIP Board, the sale of CILIP’s premises (which was jointly held as a contingent asset with the Pension Scheme) created an opportunity to close the ‘technical provisions’ deficit on the Pension Scheme. By agreement with the Pension Trustees a total of £9.5m from the proceeds of the sale was used to close this Deficit, in turn removing the requirement for regular Deficit Repair Contributions into the Scheme by CILIP.

In aggregate the actions taken by the Board during this period mean both that the Charity was able to sustain operations through the disruption of COVID and that significant steps have been taken to secure the long-term sustainability of CILIP’s work.

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Future financial outlook for CILIP and CILIP Pathways Ltd

We Are CILIP five-year strategy and associated business plan 2023-25 with the following aims:

  1. To help us transition to a new business model following the sale of our premises in Central London

  2. To deliver sustainable growth in membership and drive value for our members

  3. To maintain and where possible grow our diversified/non-membership revenue streams

CILIP’s core activities will be related to the We Are CILIP strategy:

  1. Continuing professional development

  2. Membership services

  3. Professional standards

  4. Content and publishing

  5. Advocacy

  6. Research and development

There will be a continued period of consolidation to build infrastructure and work towards digital transformation, both of which will support long-term growth and income diversification in alignment with strategy.

CILIP Pathways Limited has continued to grow through 2022. During the period ended 31 December 2022, CILIP Pathways Ltd generated a profit of £56,564 (2021: £21,352). 2022 Operational costs have remained steady whilst the number of assessments being conducted has increased as predicted. In addition, two funded development projects were secured in 2022.

The directors remain confident in the growth of the existing assessment service and the ability of CILIP Pathways Limited to increase the number of apprenticeships it assesses in future.

CILIP Pathways Limited is forecast to make increased profit in 2023, with future increase in profits yearon-year projected. In 2023 the directors plan to increase staffing to manage the ongoing increased demand for the existing assessment service and to allow capacity to develop additional assessments. Namely, through 2023, CILIP Pathways Limited will develop an assessment service for an existing approved sector-based Level 7 apprenticeship and will position to be ready to develop an additional Level 7 assessment service for a sector-based apprenticeship currently in development.

Reserves

The total of the group’s reserves in 2022 was £22,709,931 (2021: £23,934,728) which consists of unrestricted funds £20,331,448 (2021: £21,336,855), designated funds £1,663,764 (2021: £1,811,415) and restricted funds £714,719 (2021: £786,458). Free reserves £1,331,140 (2021: £1,652,111). Further details about the funds are as stated below:

Unrestricted funds

i. CILIP’s central operations activities

CILIP’s Central operational activities during the year had a net deficit of £302,876 coupled with a loss of £21,561 on investment assets (2021: £464,591 surplus).

The total reserve carried forward in 2022 for central office activities was £634,380 in 2021 it was £958,817 as per note 19.

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ii. Member Networks activities

Our Member Networks continue to provide a range of high-quality events, conferences and training opportunities at a fee that our members can afford to ensure their professional development. They returned a surplus of £3,466.

The total reserve carried forward to 2023 for Member Network activities was £696,760 (2021: £693,294) as per note 19.

iii. Designated funds activities

Designated funds consist of the fixed asset reserve and development fund reserve.

The movement on the designated fund fixed asset reserve as per note 17 was due to expenditure related to the sale of 7 Ridgmount Street and depreciation of £8,440 (2021: £56,046). The total fixed asset reserve carried forward to 2023 was £1,520,412 (2021: £1,659,045) and this did not include the revaluation reserve on buildings.

An agreement was made by CILIP with the Defined Benefit Pension Scheme Trustees to sell the building.

The total designated funds development reserves as per note 17 The total designated funds development reserves as per note 17 analysed below:
2022 2021
Member Network development fund £17,579 £26,529
My library by right campaign fund £1,942 £1,942
Central office master plan building repairs fund £95,508 £95,576
Member Network CPD Forum development fund £4,103 £4,103
Infrastructure development fund £24,220 £24,220
TOTAL £143,352 £152,370

iv. Pension reserves

The trustees believe that the defined benefit pension scheme funding calculation, which can vary considerably according to the assumptions made at each year-end, has no material effect on the charity’s cash flows in the short term, and that in the longer term its effects are sustainable out of future income. For this reason, in the trustees’ view, it is disregarded for reserves policy purposes. The movement on the pension reserve of £484,000 in 2022 (2021: £2,117,000) as per note 22. In 2022 the pension scheme deficit was £4,450,000 (2021: £4,934,000).

v. Revaluation reserve

CILIP fully owns the central office building as a primary asset of the charity which generates revenues (rental of office and meeting space) which are driven back to support our charitable objects. The freehold property revaluation takes place every two years. The market value as at 31 December 2022 was £25,025,000 (as per note 9) (2021: £26,250,000).

Restricted funds activities

Restricted funds are those used in accordance with specific restrictions imposed by the donors or raised by the charity for particular purposes. The costs of raising and administering such funds, where applicable, charged against the specific fund. The movement on the restricted fund is analysed in note 16.

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Subsidiaries

CILIP Pathways Limited was set up to conduct assessment of apprenticeships. CILIP Pathways Limited’s customers are the employers of apprentices, the apprentices and apprenticeship-training providers. In 2022, CILIP Pathways Ltd made a profit of £56,564 (2021: £22,002).

Further information on investment in subsidiary companies is set out in note 11.

Investment powers and selection of investments

The Royal Charter gives powers to the trustees to invest the monies of the Institute not immediately required for the furtherance of its objects in or upon such investments, securities or property as may thought fit. The Byelaws allow the Board to delegate power to an investment manager to buy and sell investments on behalf of the Institute, within a prescribed investment policy.

Funds which are expected to be available for more than two years may be put into long-term investments to provide both income and capital growth. Funds available for investment on either short or long-term periods are invested with appropriate external fund managers, who will comply with our investment objectives. The Finance, Audit and Risk Committee makes decisions on which managers are used.

CILIP’s investment policy and investment:

a) to maximise the total return from short- or long-term investments, both income and capital growth, without taking undue risk, and

b) to obtain the best interest rates available on short-term cash surpluses, without risking the capital.

The trustees will not invest directly in investments which conflict with CILIP’s aims and objectives as set out in the Royal Charter.

Restricted investments classified as long-term investments and unrestricted investments classified as short-term investments to fund CILIP’s strategic plan capital projects.

CILIP holds units in M&G Charifund. The Fund had a net yield of 4.5% in 2022 (2021: 4.0%). In addition to offering an attractive yield, Charifund has a strong long-term performance record.

The value of the total investments decreased in 2022 by 5.8% (2021: 13%) to £925,418 (2021: £979,169) with unrealised net loss of £53,792 (2021: £114,886) due to the stock market. Further information on CILIP’s investments is set out in note 10.

Reserves policy

CILIP’s reserves policy designed to determine the level of reserves required to:

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Under the policy in place in 2022, the reserves required to fund central operations are a minimum of three months’ £1,072,767 (2021: £872,564) and a maximum of six months’ operating costs £2,145,534 (2021: £1,745,127). Central office reserves stood at £634,378 as at 31 December 2022 (2021: £958,817), which equates to approximately two months’ costs. Given the imminent sale of the building and the security of income, this was not seen as a risk.

In addition, the policy allows sums to be set aside in designated reserves for important expenditure outside the normal operating budget. If overspend occurs, this needs to be recouped within a few years.

This policy also applied to Member Networks, which retain separate reserves sufficient to fund their own activities. Member Networks’ reserve stood at £696,760 in 2022 (2021: £693,294).

Going concern assessment

In October 2023, the most severe implications of the COVID-19 pandemic appear to have passed in the UK. The sale of 7 Ridgmount Street completed in March 2023 and the trustees will aim to settle the defined benefit pension scheme liability during 2024. With significant cash reserves and a clear vision and strong operational plan, the Trustees are satisfied that the future is positive for CILIP.

Having reviewed the funding facilities available to CILIP together with the expected future cash flows, the Trustees have a reasonable expectation that CILIP has adequate resources to continue its activities for the foreseeable future and consider that there were no material uncertainties over CILIP’s financial viability. Accordingly, the trustees are of the view that CILIP is a going concern.

Principal risks and uncertainties

The Board recognises its responsibility for ensuring a sound system of risk management and internal control is in place. The Finance, Audit and Risk Committee provides assurance to the Board that this system is adequate and appropriate. The Senior Management Team is responsible for implementing the system of risk management and internal control and for identifying and evaluating risks, putting in place appropriate mitigating action and monitoring and reporting progress.

Key risks identified during the year were:

Financial risk including sale of building does not proceed; possible declining income from membership income and tenant income; potential increasing costs in relation to pensions; fall in value of investments; spiralling cost of living. Mitigating actions include regular review of risk by Finance, Audit and Risk Committee and Senior Leadership Team (SLT); strategy agreed with property advisors; introduction of marketing and sales strategy; regular meetings with Pension Trustees and investment advisers.

Operational risk including possible failure to deliver business plan, failure to meet objectives throughout the year, failure to retain and motivate staff through extended periods of working at home and intense organisational change. Mitigating actions include reviewing annual delivery plan at every SLT meeting, strong leadership from Board and SLT, regular communications with staff.

Reputational risk including failure to identify potential sources of reputational risk; failure to have in place adequate protocols for responding to events which carry reputational risk; failure to fully embrace obligations to equity, diversity and inclusion. Mitigating actions include ensuring that reputational risk is factored into risk assessments, identifying key staff with responsibility for reputational risk, ensuring that we have a comprehensive equity, diversity and inclusion change programme and that diversity is reflected in our leadership.

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Compliance risk including possible breaches of CILIP’s legal and regulatory duties; breaches of CILIP’s duties under the Data Protection Act and the General Data Protection Regulation; breaches of CILIP’s cyber security. Mitigating actions include Finance, Audit and Risk Committee regularly reviewing internal controls and implementation, CILIP website and virtual learning environment is secured with SSL encryption, new systems configured to comply with GDPR.

The risk register is regularly reviewed by the Board, Senior Leadership Team and by the Finance, Audit and Risk Committee.

Additional information

The charity’s principal sources of funds were:

CILIP maintains financial investments and Reserves in accordance with our Reserves Policy. The CILIP Finance, Audit and Risk Committee (FAR) maintains oversight and scrutiny of investment performance. CILIPs investment strategy is due for review in 2023 following the sale of our premises at 7 Ridgmount Street.

Future plans

Looking ahead, CILIP has ambitious plans to grow our impact and support for everyone working in libraries, information and knowledge management. We Are CILIP , our new 5-year strategy and action plan, defines our ambitions in four key areas:

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2022 also marks an important year of transition in CILIP’s operations as we look to sell our premises at 7 Ridgmount Street and to use the sale proceeds to secure the long-term future of the organisation, particularly by mitigating the risk presented by the deficit on a legacy Defined Benefit Pension Scheme (closed to new members in 2011).

The relocation to new premises at the British Library, accompanied by an ongoing hybrid working policy and a programme of recruitment and organisational development will help to ensure that CILIP has the capacity to deliver on our plans.

An ambitious Digital Transformation programme in 2022-25 will significantly improve the organisation’s services to members.

Trustees’ analysis

As the world moves forward from the impact of a global pandemic, we find ourselves once again confronted with an uncertain future. The Russian invasion of Ukraine has had a significant impact on all UK charities, as have COVID and the UK’s departure from the European Union. More widely, geopolitical turbulence and the rise of populism create a challenging backdrop for a profession that is ethically committed to trust, evidence and accountability.

The past few years have provided an important ‘stress test’ for CILIP’s resilience. Thanks to our diversified income model, our agility and the support of our community, we have so far passed this test.

The decisive action we are taking in selling our premises will significantly reduce the risk to the organisation from our legacy Defined Benefit Pension Scheme, leaving the charity well-funded and without the need to service ongoing deficit contributions.

Our next priority is to ensure that the Charity is sustainable in its own right; to this end we have instructed the Executive to implement a new Business Plan focused on securing growth in our primary purpose trading activities and membership.

We are also working with our Devolved Nations and Member Networks to develop a Community Strategy, including the establishment of a new Members Council which will ensure a richer ongoing dialogue between the organisation and membership.

Structure, Governance and Management

CILIP is a charity operating under Royal Charter registered with the Charity Commission (number 313014).

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CILIP Board

Members of the Board are trustees of CILIP for the purpose of charity legislation.

The Board has twelve members elected directly by the membership, with a provision for up to three coopted members to achieve a balance in the event of missing skills or jurisdictions. Should vacancies remain after an election, these also may be filled through the appointment process. During 2022, all the twelve Board members were in place. All of these Board members were individual members of CILIP. In 2021 three co-opted members served on the Board of which one was co-opted as a new professional. The Chair of the Board, John Trevor-Allen stood down on 27 January 2022 and was replaced by Sue Lacey Bryant.

Reporting to the Board is the Finance, Audit and Risk Committee, which oversees CILIP’s financial management and control, statutory accounts, investments and pension liabilities; and provides reassurance that proportionate mechanisms exist to manage risk, strategy, compliance and finance.

CILIP Board of Trustees for 2022

Sue Lacey-Bryant Chair
John Trevor-Allen Chair (stood down 27 January 2022)
Alison Wheeler Treasurer
Helen Workman
Simon Burton
Sue Ball
Alison Brettle
Stephen Phillips
Liz Jolly
Binni Brynolf
Nicola Davies (New Professional Trustee – term finished July 2022)
Jo Webb (term finished December 2022)
Steve Williams (term finished December 2022)
Shirley Yearwood-Jackman (term finished December 2022)

The Finance, Audit and Risk Committee

The purpose of the Finance, Audit and Risk Committee is to assess CILIP’s overall governance framework for fitness-for-purpose, to identify and escalate issues and to confirm to the Board that proportionate mechanisms exist to manage risk, strategy, compliance and finance. The Committee contributes to audit planning, identifying areas of concern, receiving and reviewing the audit report and monitoring the management response.

Following consideration of the Audit Findings Report, risk management, internal controls and other items discussed by the Finance, Audit and Risk Committee during the course of its work in 2022, it did not identify any particular issues to report as a matter of concern to the Board.

19 | CILIP Annual Report & Accounts 2022

Trustee selection, induction, and training

Trustee selection methods are as detailed in the CILIP Bye Laws and General Regulations, which provide for a combination of election [Bye Laws 30-34] and co-option [Bye Laws 35-38] to the Trustee Board. These details are on the CILIP website in Governance section.

An induction day is held for new trustees which includes existing trustees. The focus is on the role of the Board and of individual trustees as well as on their financial, risk-management responsibilities, and collective decision-making.

Each new trustee receives a welcome pack, which includes:

Chief Executive and other key management personnel

Day-to-day management of the Charity delegated by the trustees to the Chief Executive, who is responsible for managing staff and resources to implement the decisions made by the Board. The Chief Executive is also included as key management personnel and their salary is reviewed and agreed by the Board. Other key management personnel salaries are included in CILIP’s general pay scales.

Name Position Additional Notes
Nick Poole Chief Executive
Vacancy Chief Operating Officer
Paul Jessop Director of Transformation
Jo Cornish Chief Development Officer
Rob Green Editor in Chief
Sean McNamara Head of CILIP in Scotland
Lisa Goldsmith Head of Digital & IT Until 10 November 2022
Freddy Castrillon Head of Facilities
Abosede Dada Head of Finance Until 02 November 2022
Gemma Wood Head of Sales & Marketing
Peter Baker Director, Content and
Publishing
Claire Robe Head of Sector Development Started 17 January 2022
Natalie Jones Head of Programmes Until 20 September 2022

20 | CILIP Annual Report & Accounts 2022

Office of the President

The Office of the President comprises the President, the Vice-President and the Immediate Past President. They are directly elected by the membership and are independent of the trustees of CILIP. Members of the Presidential Team represent CILIP at functions and events as well as being ex-officio on all committees.

The Annual General Meeting

The Annual General Meeting, normally held in September/October each year, approves the member subscription rate for the following year and agrees the appointment of CILIP’s auditors. It also approves by resolution any proposed changes to the Royal Charter and Byelaws (subject to approval by the Privy Council). In all other respects, its role is mainly advisory, but the CILIP Board will give serious consideration to its recommendations.

Reference and Administrative details

Charity name: Chartered Institute of Library and Information Professionals (CILIP) Inaugurated April 2002 following the unification of the Institute of Information Scientists and the Library Association.

Originally incorporated by the Library Association Royal Charter 1898.

Charity registration number: 313014 Company registration number: RC000780

Charity address: 7 Ridgmount Street, London, WC1E 7AE Charity website: www.cilip.org.uk

Professional Advisers

Bankers: Bank of Scotland Teviot House, 41 South Gyle Crescent Edinburgh EH12 9XD Unity Trust Bank PLC Nine Brindley Place Birmingham B1 2HB CCLA Senator House 85 Queen Victoria Street London EC4V 4ET Auditors: Price Bailey LLP Chartered Accountants 24 Old Bond Street London W1S 4AP

21 | CILIP Annual Report & Accounts 2022

Solicitors: Bates, Wells 10 Queen Street Place London EC4R 1BE Pension providers: Defined Benefit Scheme Isio 3 Hardman Square Manchester M3 3EB Group Stakeholder Scottish Widows Pension Scheme 69 Morrison Street Edinburgh EH3 8YF

22 | CILIP Annual Report & Accounts 2022

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Policies).

Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its net income for that year, and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity, and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts & Reports) Regulations and the provisions of the Royal Charter.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

This Annual Report and Accounts complies with current statutory requirements, the requirements of CILIP’s Royal Charter and the current Statement of Recommended Practice on Accounting and Reporting by Charities.

So far as each Trustees is aware at the time the report is approved:

Signed on behalf of the Board of trustees

Sue Lacey Bryant

Sue Lacey-Bryant (Dec 20, 2023,8:13pm)Susan Lacey-Bryant Honorary Chair

Date 20 Dec 2023

23 | CILIP Annual Report & Accounts 2022

INDEPENDENT AUDITORS’ REPORT TO THE TRUSTEES OF THE CHARTERED INSTITUTE OF LIBRARY AND INFORMATION PROFESSIONALS

Opinion

We have audited the financial statements of Chartered Institute of Library and Information Professionals (the ‘parent charity’) and its subsidiaries (the ‘group’) for the year ended 31 December 2022 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, the Consolidated Statement of Cash Flows, and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the consolidated financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group or charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the group financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the group financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the group financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

24 | CILIP Annual Report & Accounts 2022

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the group financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of group financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the group financial statements, the trustees are responsible for assessing the group’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charity or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made or having effect there under.

Our objectives are to obtain reasonable assurance about whether the group financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the group and the sector in which it operates and considered the risk of the group not complying with the relevant laws and regulations including fraud in particular those that could have a material impact on the financial statements. This included those regulations directly related to the financial statements, including financial reporting, and tax legislation. In relation to the operations of the group this included compliance with the Charities Act 2011.

The risks were discussed with the audit team and we remained alert to any indications of non-compliance throughout the audit. We carried out specific procedures to address the risks identified. These included the following:

Reviewing minutes of Board meetings, reviewing any correspondence with the Charity Commission, agreeing the financial statement disclosures to underlying supporting documentation, and made enquiries of management and officers of the group and a review of legal fees.

To address the risk of management override of controls, we carried out testing of journal entries and other adjustments for appropriateness. We also assessed management bias in relation to the accounting policies adopted and in determining significant accounting estimates.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.

25 | CILIP Annual Report & Accounts 2022

The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the FRC's website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-the-fi/description-ofthe-auditor%E2%80%99s-responsibilities-for.This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Price Bailey LLP Chartered Accountants Statutory Auditors 24 Old Bond Street London W1S 4AP Date 21 December 2023

Price Bailey LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

26 | CILIP Annual Report & Accounts 2022

CONSOLIDATED CHARITY AND GROUP STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2022

Notes
INCOME
Income from charitable
activities
Member’s subscription
Training, Events & Conferences
Publications
Professional services
Income from trading activities
Rent and service charges
CILIP Pathways income
Income from donations and
legacies
Grants- Government CJRS
Grants-Govt CBIL loan interest paid
Grants-Government recovery fund
Grants-Others
Donations from individuals
Income from Investment
Income from quoted investment
and bank interest
3
TOTAL INCOME
EXPENDITURE
Expenditure on charitable
activities
Training, Events & Conferences
Publications
Professional services
Total charitable expenditure
Expenditure on raising funds
Services to tenants
CILIP Pathway costs
Total expenditure on raising
funds
TOTAL EXPENDITURE
4
Net income & expenditure
before investment gains and
(losses)
Net (losses)/gains on investment
assets
10
NET INCOME/(EXPENDITURE)
Other recognised
gains/(losses)
Revaluation of tangible fixed assets
9
Actuarial gains/(losses) on defined
benefit pension scheme
22
NET MOVEMENT IN FUNDS
Reconciliation of Funds
Total funds brought forward at 1
January
TOTAL FUNDS CARRIED
FORWARD 31 December
20		 Unrestricted
Fund
31 Dec 2022
Restricted
Fund
31 Dec 2022
£
£
1,211,428
-
547,573
-
834,038
-
105,523
-
2,698,562
-
797,039
-
91,875
-
-
-
-
-
-
-
-
207,775
9,241
-
25,180
19,354
3,621,897
227,129
404,517
-
394,545
-
2,951,440
266,677
3,750,502
266,677
238,581
-
35,311
-
273,892
-
4,024,394
266,677
(402,497)
(39,548)
(21,561)
(32,191)
(424,058)
(71,739)
(1,225,000)
-
496,000
-
(1,153,058)
(71,739)
23,148,270
786,458		 CILIP GROUP
31 Dec 2022
CILIP GROUP
31 Dec 2021
£
£
1,211,428
1,186,537
547,573
328,543
834,038
642,063
105,523
238,110
2,698,562
2,395,253
797,039
815,605
91,875
59,000
-
23,096
-
4,535
-
620,000
207,775
131,000
9,241
2,028
44,534
41,018
3,849,026
4,091,535
404,517
154,389
394,545
318,798
3,218,117
3,158,655
4,017,179
3,631,842
238,581
238,267
35,311
36,998
273,892
275,265
4,291,071
3,907,107
(442,045)
184,428
(53,752)
114,886
(495,797)
299,314
(1,225,000)
4,374,000
496,000
2,480,000
(1,224,797)
7,153,314
23,934,728
16,781,414
21,995,212
714,719
22,709,931
23,934,728

27 | CILIP Annual Report & Accounts 2022

CONSOLIDATED CHARITY AND GROUP BALANCE SHEET As at 31 December 2022

Notes
FIXED ASSETS
Tangible assets
9
Long-term investments
10
Other investments
11
Total Fixed Assets
CURRENT ASSETS
Short-term investments
10
Stock & work in progress
12
Debtors
13
Cash at bank and in hand
LIABILITIES
Creditors: Amount falling due
within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS
CURRENT LIABILITIES
Creditors: Amounts falling
due after more than one
year
Life members provision in
advance
CBIL loan
NET ASSETS EXCLUDING
PENSION LIABILITIES
Defined Benefit pension scheme
funding deficit
22
TOTAL NET ASSETS
REPRESENTED BY:
Restricted Funds
16
Unrestricted Funds
Revaluation reserve
19
Pension reserve
19
CILIP Pathways reserve
19
Central Operations reserve
19
Total Central Operations
funds
Member Networks – other funds
19
Total other unrestricted
funds
19
Designated funds-Fixed Asset
reserve
17
Designated funds-Development
reserve
17
Total Designated Funds
Total Unrestricted Funds
TOTAL CILIP’s RESERVE		 CILIP CHARITY
CILIP
CHARITY
31 Dec 2022
31 Dec 2021
£
£
25,051,501
26,283,542
532,524
564,714
1
1
25,584,026
26,848,257
392,894
414,455
71,463
95,061
448,632
570,787
1,658,240
2,246,882
2,571,229
3,327,185
(988,603)
(1,167,379)
1,582,626
2,159,806
27,166,652
29,008,063
(23,247)
(19,297)
(34,286)
(114,286)
27,109,119
28,874,480
(4,450,000)
(4,934,000)
22,659,119
23,940,480
714,719
786,458
23,399,496
24,624,496
(4,450,000)
(4,934,000)
-
-
634,380
958,817
19,583,876
20,649,313
696,760
693,294
20,280,636
21,342,607
1,520,412
1,659,045
143,352
152,370
1,663,764
1,811,415
21,944,400
23,154,022
22,659,119
23,940,480		 CILIP GROUP
CILIP GROUP
31 Dec 2022
31 Dec 2021
£
£
25,051,501
26,283,542
532,524
564,714
1
1
25,584,026
26,848,257
392,894
414,455
71,463
95,061
423,431
578,455
1,782,354
2,249,062
2,670,142
3,337,033
(1,036,704)
(1,182,979)
1,633,438
2,154,054
27,217,464
29,002,311
(23,247)
(19,297)
(34,286)
(114,286)
27,159,931
28,868,728
(4,450,000)
(4,934,000)
22,709,931
23,934,728
714,719
786,458
23,399,496
24,624,496
(4,450,000)
(4,934,000)
50,812
(5,752)
634,380
958,817
19,634,688
20,643,561
696,760
693,294
20,331,448
21,336,855
1,520,412
1,659,045
143,352
152,370
1,663,764
1,811,415
21,995,212
23,148,270
22,709,931
23,934,728

The notes on pages 29 to 54 form part of these financial statements approved by the Board on 20 Dec 2023

Signed on behalf of the Board by:

Sue Lacey Bryant

Susan Lacey BryantSue Lacey-Bryant (Dec 20, 2023, 8:13pm) Honorary Chair

28 | CILIP Annual Report & Accounts 2022

CONSOLIDATED CHARITY AND GROUP STATEMENT OF CASHFLOWS For the period ended 31 December 2022

Cash-flow from operating activities:
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Investment income and bank interest
Purchase of tangible fixed assets
CILIP Pathways Ltd
Cash inflow/(outflow) from debt financing
CBIL Loan
(Decrease)/Increase in cash
Reconciliation of net (expenditure)/income to net cash flow from
operating activities
Net (expenditure)/income for the reporting period
Depreciation charges
Expenses and net interest costs
Pension contributions paid
Losses/(gains) on investments
CILIP Pathway investment loss
Life members provision in advance
Investment income and bank interest received
Decrease/(Increase) in stocks
Decrease/(Increase) in debtors
(Decrease) in creditors
Net cash (outflow)/inflow from operating activities		 2022
£
(521,271)
44,534
(1,399)
-
11,428
(466,708)
(495,797)
8,440
492,000
(480,000)
53,752
-
3,950
(44,534)
23,599
155,024
(237,705)
(521,271)		 2021
£
364,870
41,018
(2,556)
(25,574)
(6,396)
371,362
299,314
56,046
554,000
(191,000)
(114,886)
5,752
(3,950)
(41,019)
(3,953)
42,355
(237,769)
364,870
Change in cash and cash equivalents in the reporting
period
Bank balances and cash in hand
Reconciliation of Net Debts
Cash
Loans due within one year
Loans due after one year
Totals		 At
1 January
2022
Change
In cash
At
31 December
2022
£
£
£
2,249,062
(466,708)
1,782,354
At
1 January
2022
Cash
flow
At
31 December
2022
2,249,062
(466,708)
1,782,354
(57,143)
(11,428)
(68,571)
(114,286)
56,753
(57,533)
2,077,633
(421,383)
1,656,250

The notes on pages 29 to 54 form part of these financial statements.

29 | CILIP Annual Report & Accounts 2022

Notes to the Accounts

1. ACCOUNTING POLICIES

1.1 Basis of accounting

The consolidated financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

CILIP’s functional currency is pounds sterling and the address is Room 150, British Library, 96 Euston Road, London, NW1 2DB.

CILIP is a charity under Royal Charter and meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The consolidated financial statements presented show the consolidated statement of financial activities, balance sheet and cash flows of the CILIP Group for the year ended 31 December 2022. The CILIP Group financial statements consolidate the accounts of CILIP as a charity and CILIP Pathways Ltd wholly owned trading subsidiary on a line-byline basis.

Going concern

These financial statements are prepared on the going concern basis. The trustees have considered the impact of the COVID-19 crisis on the going concern assumptions. The Finance and Audit Risk committee has reviewed and approved a detailed impact assessment presented by the Chief Executive Officer, Director of Transformation and Head of Finance on 30[th] June 2022.

Although the most severe implications of the COVID-19 pandemic appear to have passed in the UK, there are still some uncertainties about the long-term effect on income. Trustees are satisfied that an effective plan and risk controls are in place to enable the organisation to transition from its existing premises at 7 Ridgmount Street to a stable future operating model.

Having reviewed the funding facilities available to CILIP together with the expected future cash flows in financial years 2022 and 2023, the Trustees have a reasonable expectation that CILIP has adequate resources to continue its activities for the foreseeable future and consider that there were no material uncertainties over CILIP’s financial viability. Accordingly, the trustees are of the view that CILIP is a going concern.

The particular accounting policies adopted by the Trustees described below and have been applied consistently throughout the current and preceding year.

1.2 Income

All income is included in the Statement of Financial Activities (SOFA) when CILIP is legally entitled to them as income or capital respectively, ultimate receipt is reasonably certain and the amount to be recognised quantified with reasonable accuracy.

30 | CILIP Annual Report & Accounts 2022

1.3 Expenditure and irrecoverable VAT

Building costs Square footage occupied
ICT and Personnel costs Per Capita basis
Finance costs Estimated time spent
Governance costs Proportion of total charitable expenditure and cost of raising funds

Governance costs relate to the organisational administration in compliance with constitutional and statutory requirements.

Costs of raising funds are primarily those incurred in raising funds for CILIP’s charitable activities.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

1.4 Operating leases

Rental incomes under operating leases where substantially all of the benefits and risks of ownership remain with the lessors are recognised in the statement of financial activities as income.

1.5 Employee benefits

Short term benefits

Short term benefits including holiday pay are recognised as an expense in the period in which the service is received.

31 | CILIP Annual Report & Accounts 2022

Employee termination benefits

Termination benefits are accounted for on an accruals basis and in line with FRS 102.

1.6 Tangible fixed assets and depreciation

Freehold property: revaluation to market value every year has been adopted. In any accounting period where a revaluation is not undertaken an impairment review will be conducted and provision would be made for any impairment.

Depreciation: is charged at the following rates, which are expected to reduce the assets to their net realisable values over their expected lives:

Furniture, fixtures and equipment 20% per annum on cost Computers and programs 25% per annum on cost Plant and machinery Various rate

All tangible fixed assets are capitalised, subject to a cost threshold of £1,000.

1.7 Investments

Investments are listed on a recognised stock exchange and stated at fair value at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluations and disposals throughout the year.

1.8 Stocks

Stocks are valued at the lower of cost and net realisable value after making allowance for any obsolete or slow-moving items. In the case of work in progress and finished goods, costs consist of direct materials, direct labour and attributable overheads. Net realisable value means estimated selling price less all further costs to completion and all costs to be incurred in marketing, selling and distribution.

1.9 Financial instruments

CILIP has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Fixed assets are recorded at depreciated historical cost and investments are recorded at fair value, being the closing market value, with unrecognised gains or losses being posted to the SOFA. All other assets and liabilities are recorded at cost which is their fair value.

1.10 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.11 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term deposits with a short maturity of three months or less from the date of opening of the deposit or similar account.

1.12 Creditors and Provisions

Creditors and provisions are recognised when CILIP has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

32 | CILIP Annual Report & Accounts 2022

1.14 Accounting judgements and estimates

The assets of the scheme are held separately from those of CILIP in an independently administered fund. The scheme is funded by contributions from the employer in accordance with the recommendations of independent qualified actuaries on the basis of triennial valuations. The Pensions Act 2004 sets out a statutory funding objective: that every pension scheme must have sufficient and appropriate assets to cover its funding target (referred to in legislation as Technical Provisions) and if there is a shortfall the trustees and the employer are required to agree a Recovery Plan to make this good. The Pension Scheme trustees have accepted a charge of the full value of the building secured on the freehold property against the shortfall. The pension scheme was closed to new members on 1 April 2009 and was closed to existing members for further accruals from 31 March 2011.

For CILIP’s defined benefit pension scheme the amounts charged in arriving at net income/ (expenditure) in the Statement of Financial Activities are the expenses and net interest costs & income, employer’s contributions and benefits paid. Actuarial gains and losses are also recognised in the SOFA together with other recognised gains and losses. Further details of the defined benefit pension scheme are set out in note 22.

1.15.2 CILIP also operates a defined contribution pension scheme.

Payments made by CILIP into the group stakeholder salary sacrifice pension scheme on behalf of individual employees are charged to the Statement of Financial Activities as incurred.

33 | CILIP Annual Report & Accounts 2022

2A CHARITY – 2022 STATEMENT OF FINANCIAL ACTIVITIES

Notes
INCOME
Income from charitable activities
Members’ subscriptions
Training, Events, Conferences
Publications
Professional Services
Income from trading activities
Rent & Service charge
Income from grants, donations and legacies
Grant-Coronavirus Job Retention scheme
Grant-Govt. CBIL loan interest paid
Grant-Government Recovery fund scheme
Grant-Others
Donations from individuals
Legacies
Income from investment
Income from quoted investments and bank
interest
3
TOTAL INCOME
EXPENDITURE
Expenditure on charitable activities
Training, Events & Conferences
Publications
Professional services
Expenditure on raising funds
Services to tenants
TOTAL EXPENDITURE
4
Net income/(expenditure) before
investment gains and losses
Net gain/(losses) on investment assets
10
NET INCOME / (EXPENDITURE)
Transfers between funds
18
Other recognised gains/(losses)
Revaluation of tangible fixed assets
9
Actuarial gains/(losses) on defined benefit
scheme
22
NET MOVEMENT IN FUNDS
Total funds brought forward
Total Fund carried forward		 Unrestricted funds
Restricted
Total
Total
Central
operations
Member
Networks
Designated
fund
funds
2022
2021
£
£
£
£
£
£
1,211,428
-
-
-
1,211,428
1,186,537
392,393
155,180
-
-
547,573
328,543
814,966
19,072
-
-
834,038
642,063
68,096
37,427
-
-
105,523
238,109
2,486,883
211,679
-
-
2,698,562
2,395,252
797,039
-
-
-
797,039
815,605
-
-
-
-
-
23,096
-
-
-
-
-
4,535
-
-
-
-
-
620,000
-
-
-
207,775
207,775
131,000
9,241
-
-
-
9,241
2,028
-
23,820
1,360
-
19,354
44,534
41,018
3,316,983
213,039
-
227,129
3,757,151
4,032,534
251,833
152,684
-
-
404,517
154,389
389,050
5,495
-
-
394,545
318,798
2,752,395
51,394
147,651
266,677
3,218,117
3,158,655
3,393,278
209,573
147,651
266,677
4,017,179
3,631,842
238,581
-
-
-
238,581
238,267
3,631,859
209,573
147,651
266,677
4,255,760
3,870,109
(314,876)
3,466
(147,651)
(39,548)
(498,609)
162,425
(21,561)
-
-
(32,191)
(53,752)
114,886
(336,437)
3,466
(147,651)
(71,739)
(552,361)
277,311
-
(1,225,000)
-
-
-
(1,225,000)
4,374,000
496,000
-
-
-
496,000
2,480,000
(1,065,437)
3,466
(147,651)
(71,739)
(1,281,361)
7,131,311
20,649,313
693,294
1,811,415
786,458
23,940,480
16,809,169
19,583,876
696,760
1,663,764
714,719
22,659,119
23,940,480

34 | CILIP Annual Report & Accounts 2022

2B CHARITY COMPARATIVE – 2021 STATEMENT OF FINANCIAL ACTIVITIES

Notes
INCOME
Income from charitable activities
Members’ subscriptions
Training, Events, Conferences
Publications
Professional Services
Income from trading activities
Rent & Service charge
Income from grants, donations and legacies
Grant-Coronavirus Job Retention scheme
Grant-Govt. CBIL loan interest paid
Grant-Government Recovery fund scheme
Grant-Others
Donations from individuals
Legacies
Income from investment
Income from quoted investments and bank
interest
3
TOTAL INCOME
EXPENDITURE
Expenditure on charitable activities
Training, Events & Conferences
Publications
Professional services
Expenditure on raising funds
Services to tenants
TOTAL EXPENDITURE
4
Net income/(expenditure) before
investment gains and losses
Net gain/(losses) on investment assets
10
NET INCOME / (EXPENDITURE)
Transfers between funds
18
Other recognised gains/(losses)
Revaluation of tangible fixed assets
9
Actuarial gains/(losses) on defined benefit
scheme
22
NET MOVEMENT IN FUNDS
Total funds brought forward
Prior year adjustments
27
Updated brought forward balance
Total Fund carried forward		 Unrestricted funds
Restricted
Total
Total
Central
operations
Member
Networks
Designated
fund
funds
2021
2020
Restated
£
£
£
£
£
£
1,186,537
-
-
-
1,186,537
1,009,480
258,479
70,064
-
-
328,543
273,417
622,367
19,696
-
-
642,063
555,142
126,226
51,046
17,628
43,209
238,109
262,404
2,193,609
140,806
17,628
43,209
2,395,252
2,100,443
815,605
-
-
-
815,605
878,081
23,096
-
-
-
23,096
159,807
4,535
4,535
-
-
-
-
620,000
620,000
623,000
-
-
-
131,000
131,000
70,500
2,028
-
-
-
2,028
23,238
-
-
-
-
-
41,665
19,957
2,321
-
18,740
41,018
49,585
3,058,830
143,127
17,628
812,949
4,032,534
3,946,319
152,553
1,836
-
-
154,389
(243,858)
314,461
4,337
-
-
318,798
(443,752)
1,937,208
122,575
56,046
1,042,826
3,158,655
(2,944,283)
2,404,222
128,748
56,046
1,042,826
3,631,842
(3,631,893)
238,267
-
-
-
238,267
(239,300)
2,642,489
128,748
56,046
1,042,826
3,870,109
(3,871,193)
416,341
14,379
(38,418)
(229,877)
162,425
75,126
48,250
-
-
66,636
114,886
(181,041)
464,591
14,379
(38,418)
(163,241)
277,311
(105,915)
(37,560)
-
37,560
-
-
-
4,374,000
-
-
-
4,374,000
676,000
2,480,000
-
-
-
2,480,000
(1,032,000)
7,281,031
14,379
(858)
(163,241)
7,131,311
(461,915)
13,368,282
678,915
1,812,273
949,699
16,809,169
17,325,118
-
-
-
-
-
(54,034)
13,368,282
678,915
1,812,273
949,699
16,809,169
17,271,084
20,649,313
693,294
1,811,415
786,458
23,940,480
16,809,169

35 | CILIP Annual Report & Accounts 2022

3 INVESTMENT INCOME AND BANK INTEREST – GROUP

Investment
income
Bank
interest
Totals		 2022
Unrestricted fund
Central
operation
Member
Network
Designated
fund
Restricted
fund
Total
£
£
£
£
£
23,523
1,360
-
19,349
44,232
297
-
-
5
302
23,820
1,360
-
19,354
44,534		 2021
Unrestricted fund
Central
operatio
n
Member
Networks
Designated
fund
Restricted
fund
Total
£
£
£
£
£
19,660
2,321
-
18,735
40,716
297
-
-
5
302
19,957
2,321
-
18,740
41,018

4 TOTAL EXPENDITURE – GROUP

Charitable activities
Training, Events & Conferences
Publications
Professional services
Total Charitable expenditure
Cost of raising funds
CILIP Pathways ltd
Services to tenants
Total Expenditure		 Direct costs
Support costs
£
£
380,501
24,016
329,566
64,979
2,659,381
558,736		 Totals 2022
Totals 2021
£
£
404,517
154,389
394,545
318,798
3,218,117
3,158,655
4,017,179
3,631,842
35,311
36,998
238,581
238,267
4,291,071
3,907,107
3,369,448
647,731
35,311
238,581
3,404,759
886,312

In 2022 Professional services includes net defined benefit pension costs of £492,000, in 2021 it was £363,000.

4B COMPARATIVE 2021 TOTAL EXPENDITURE – GROUP

Charitable activities
Training, Events & Conferences
Publications
Professional services
Total Charitable expenditure
Cost of raising funds
CILIP Pathways ltd
Services to tenants
Total Expenditure		 Direct costs
Support
costs
Totals
2021
£
£
£
128,939
25,450
154,389
256,460
62,338
318,798
2,657,030
501,625
3,158,655
3,042,429
589,413
3,631,842
36,998
-
36,998
-
238,267
238,267
3,079,427
827,680
3,907,107		 Totals 2020
Restated
£
243,858
443,752
2,944,283
3,631,893
27,754
239,300
3,898,947

36 | CILIP Annual Report & Accounts 2022

5 SUPPORT COSTS - GROUP

Training, Events &
Conferences
Publications
Professional services
Services to tenants
Total Support Costs
2021 Support costs		 Finance
Personnel
Building
ICT
Governance
Total 2022
Total
2021
£
£
£
£
£
£
£
7,612
3,029
1,246
9,006
3,123
24,016
25,450
20,299
12,114
3,726
24,015
4,825
64,979
62,338
182,695
93,878
16,879
231,148
34,136
558,736
501,625
7,612
-
219,004
9,006
2,959
238,581
238,267
218,218
109,021
240,855
273,175
45,043
886,312
827,680
157,717
88,251
240,303
288,814
52,595
827,680

5B COMPARATIVE 2021 SUPPORT COSTS - GROUP

Training, Events &
Conferences
Publications
Professional services
Services to tenants
Total Support Costs
2020 Support costs		 Finance
Personnel
Building
ICT
Governance
Total 2021
£
£
£
£
£
£
5,502
6,086
1,243
9,521
3,098
25,450
14,671
12,173
3,718
25,390
6,386
62,338
132,042
69,992
16,840
244,382
38,369
501,625
5,502
-
218,502
9,521
4,742
238,267
157,717
88,251
240,303
288,814
52,595
827,680
153,883
113,261
242,500
287,338
53,183
850,165		 Total
2020
£
26,312
66,331
518,222
239,300
850,165

Basis for the support cost allocation

Support costs allocated to activities as follows:

Building costs Square footage occupied (includes insurance, lighting, heating, maintenance, cleaning and reception costs) ICT and Human resources costs Per Capita basis Finance costs Estimated time spent Governance cost Proportion of total charitable and cost of raising funds

Wages and salaries
Social Security costs
Pension costs
Redundancy costs		 2022
2021
£
£
1,730,666
1,619,592
176,815
153,456
143,403
693,160
30,920
-
2,081,804
2,466,208

6 STAFF COSTS – GROUP

37 | CILIP Annual Report & Accounts 2022

7 TRUSTEES’ REMUNERATION AND EXPENSES – GROUP

In addition, to the staff costs above, CILIP in 2022 used the services of agency staff whilst awaiting the recruitment to vacant posts making a total cost of £22,415 (2021: £6,059).

The number of employees whose emoluments exceeded £60,000 in the year was:

£60,001 to £70,000
£80,001 to £90,000
Total		 2022
2021
Number
Number
1
-
1
1
2
1

Employer’s pension contribution for higher earners totalled £14,755 (2021: £9,864).

The key management personnel of CILIP, comprises the trustees, member network committee members, the Chief Executive Officer, Director of Transformation, Chief Development Officer and the rest of the senior leadership team. The total employee benefits for the key management personnel were £561,756 (2021: £663,136). No trustee and member network committee members received any remuneration from CILIP.

The average monthly employee head count was 47 (2021: 47) and the average number of full-time equivalent analysed by function, was:

Business services
Professional services
Support services		 2022
2021
Number
Number
8
7
33
33
2
2
43
42

No trustee has received any remuneration from CILIP during the year (2021: nil). Expenses totalling £416 (2021: Nil) were reimbursed to trustees for travel, subsistence, amounts directly paid to third parties and other out-of-pocket costs incurred in attending meetings. During the year the charity paid £969 (2021: £2,070) in respect of trustees’ indemnity insurance on behalf of the trustees. See Related Parties note 24 for arm’s length payments to trustees.

8 NET EXPENDITURE FOR THE YEAR – GROUP

Net outgoing expenditure from operations for the year are stated after charging:
Auditors' remuneration:
Fees payable to CILIP’s auditors for the audit of the annual accounts
Fees payable to CILIP’s auditors for the audit of CILIP Pathways accounts
Fees payable to CILIP’s auditors for the audit of CILIP Benevolent Fund annual accounts
Depreciation of tangible fixed assets:		 2022
£
17,650
6,450
1,200
25,300
8,440		 2021
£
15,000
2,150
1,000
18,150
56,046

38 | CILIP Annual Report & Accounts 2022

9 TANGIBLE FIXED ASSETS – CHARITY AND GROUP

Cost or valuation
At 1 January 2022
Additions in the year
Revaluation
At 31 December 2022
Depreciation
At 1 January 2022
Charge for the year
At 31 December 2022
Net book value
At 1 January 2022
At 31 December 2022		 Freehold land
and buildings
Furniture,
fixtures and
equipment
Computers
and programs
Web
enhancement
Total
£
£
£
£
£
26,250,000
202,822
355,327
302,218
27,110,367
-
-
1,399
-
1,399
(1,225,000)
-
-
-
(1,225,000)
25,025,000
202,822
356,726
302,218
25,886,766
-
182,719
341,888
302,218
826,825
-
2,234
6,206
-
8,440
-
184,953
348,094
302,218
835,265
26,250,000
20,103
13,439
-
26,283,542
25,025,000
17,868
8,633
-
25,051,501

The historic cost of freehold land and buildings was £1,625,504. In March 2012, the charge over the freehold and buildings in favour of the CILIP Pension and Assurance Scheme increased to the full value. The freehold land and buildings value stated above based on the valuation of the building as at 31[st] December 2022 prior to the building being sold in 2023.

9B COMPARATIVE 2021 TANGIBLE FIXED ASSETS – CHARITY AND GROUP

Cost or valuation
At 1 January 2021
Additions in the year
Revaluation
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 1 January 2021
At 31 December 2021		 Freehold land
and buildings
Furniture,
fixtures and
equipment
Computers
and programs
Web
enhancement
Total
£
£
£
£
£
21,876,000
202,822
352,771
302,218
22,733,811
-
-
2,556
-
2,556
4,374,000
-
-
-
4,374,000
26,250,000
202,822
355,327
302,218
27,110,367
-
180,485
334,251
256,043
770,779
-
2,234
7,637
46,175
56,046
-
182,719
341,888
302,218
826,825
21,876,000
22,337
18,520
46,175
21,963,032
26,250,000
20,103
13,439
-
26,283,542

39 | CILIP Annual Report & Accounts 2022

10 INVESTMENTS – CHARITY AND GROUP

Quoted Investments
2022
£
Fixed Asset Long term Investments
Market value at 1 January
564,714
Unrealised (losses)/gains on revaluation of investment portfolio
(32,190)
Market value at 31 December
532,524
Historical Cost at 31 December
233,715
Fixed Asset Short term Investments
Market value at 1 January
414,455
Unrealised (losses)/gains on revaluation of investment portfolio
(21,561)
Market value at 31 December
392,894
Historical Cost at 31 December
189,315
Long- and Short-term investment holdings over 5%
2022
2022
M&G Charifund
61,016 units
£955,307
Unlisted subsidiary –
Library Association Publishing Limited
Nil-dissolved
Nil-dissolved		 2021
£
498,078
66,636
564,714
233,715
366,205
48,250
414,455
189,315
2021
2021
61,016 units
£979,169
Nil-dissolved
Nil-dissolved

11 INVESTMENT IN SUBSIDIARY COMPANIES

At 31 December 2022 and 31 December 2021 the institute held the following investments:

Name of Company Country of Holding Proportion Nature of
registration business
And operation
CILIP Pathways Limited England Company limited by 100% Apprenticeship
Guarantee and not having a assessment
share capital

Other investments:

Library Services Limited

At 31 December 2022 and at 31 December 2021, CILIP held one share, out of 1,000 shares issued, in Library Services Limited.

CILIP Pathways Limited (registered company no: 12497166)

CILIP Pathways Limited incorporated on 4[th] March 2020 as a trading subsidiary of the parent charity, CILIP. CILIP Pathways Ltd was set up to conduct assessment of apprenticeships. The customers are the employers of apprentices, the apprentices and apprenticeship-training providers. Details of the trading activities are set out below:

40 | CILIP Annual Report & Accounts 2022

Turnover
Cost of sales
Gross Profit
Administration expenses
Other operating income
Operating Profit/(loss)
Loss carried forward against future profit
Taxation
Profit/(Loss) after tax
Summarised statement of financial position:
Debtors
Cash
Current assets
Creditors: falling due within one year
Creditors and accrued charges
Provision for liabilities and charges
Total net assets
Capital and reserves		 Pathways Ltd
2022
£
91,875
(21,480)
70,395
(13,831)
-
56,564
(5,752)
50,812
-
50,812
2022
£
5,700
124,113
128,613
(79,001)
-
50,812
50,812		 Pathways Ltd
2021
£
54,000
(9,322)
44,678
(27,676)
5,000
22,002
(27,754)
(5,752)
-
(5,752)
2021
£
7,668
2,180
9,848
(15,600)
-
(5,752)
(5,752)
12
STOCK – CHARITY AND GROUP
Finished books
Work in progress books
Total stocks
13
DEBTORS
Amounts due within one year:
Trade debtors
Prepayment
Other debtors
Total debtors		 Group
2022
£
261,599
77,125
84,707		 2022
£
69,443
2,020
71,463
Charity
2022
Group
2021
£
£
261,599
310,692
77,125
34,599
109,908
233,164		 2021
£
83,666
11,395
95,061
Charity
2021
£
310,692
34,599
225,496
423,431 448,632
578,455		 570,787

41 | CILIP Annual Report & Accounts 2022

14 CREDITORS

Amounts falling due within one year:
Trade creditors
Other taxes and social security
Other creditors
CBIL Loan
Deferred income (see below)
Accruals
Total creditors		 Group
2022
Charity
2022
Group
2021
Charity
2021
£
£
£
£
144,549
144,549
538,271
538,271
75,698
75,698
44,224
44,224
38,354
26,673
40,318
24,718
68,571
68,571
57,143
57,143
488,964
458,994
367,466
361,296
220,568
214,118
135,557
141,727
1,036,704
988,603
1,182,979
1,167,379

CBIL loan was used to supplement CILIP’s operations between June and September 2020 due to the impact of the pandemic on CILIP’s income. The loan is repayable over forty two months and the interest rate is 1.85% above the bank of England base rate.

Amount due within one year
Amount due one to two years
Deferred income reconciliation – group
Rental income
Conference income
Training income
Membership subscription
Lift replacement income
Pathways contract income
eferred income reconciliation – charity
Rental income
Conference income
Training income
Membership subscription
Lift replacement income		 2022
2021
£
£
68,571
57,143
34,286
114,286
102,857
171,429
At 1 January 2022
Amount
released
Amount deferred
At 31 December 2022
£
£
£
£
126,973
(126,973)
184,098
184,098
6,005
(6,005)
6,035
6,035
12,771
(12,771)
13,051
13,051
161,513
54,034
(161,513)
-
201,776
-
201,776
54,034
6,170
(1,200)
25,000
29,970
367,466
(308,462)
429,960
488,964
At 1 January 2022
Amount
released
Amount deferred
At 31 December 2022
£
£
£
£
126,973
(126,973)
184,098
184,098
6,005
(6,005)
6,035
6,035
12,771
(12,771)
13,051
13,051
161,513
54,034
(161,513)
-
201,776
-
201,776
54,034
361,296
(307,262)
404,960
458,994

Deferred income reconciliation – charity

Deferred income comprises advance rental, conference, training vouchers and membership income; plus contract income for CILIP Pathways Ltd. Deferred income released and deferred in 2022 analysed above.

42 | CILIP Annual Report & Accounts 2022

15 FINANCIAL INSTRUMENTS

Financial assets measured at fair value (a)
Financial assets measured at amortised cost (b)
Financial liabilities measured at amortised cost (c)
Net financial assets measured at amortised cost		 Group
2022
Charity
2022
Group
2021
Charity
2021
£
£
£
£
925,419
925,419
979,169
979,169
2,128,660
2,029,747
2,792,918
2,783,071
(529,575)
(511,444)
(1,081,612)
(1,123,155)
2,524,504
2,443,722
2,690,475
2,639,085

(a) Financial assets measured at fair value include investments.

(b) Financial assets measured at amortised cost include: short term deposits, cash in hand, trade debtors and other debtors.

(c) Financial liabilities measured at amortised cost include trade creditors, other creditors and accruals.

16 RESTRICTED FUNDS – CHARITY AND GROUP

Mitchell Memorial Fund
Anthony Thompson Scholarship Fund
Arundell Esdaile Memorial Fund
Catherine Hamilton Memorial Prize
K Pierce - legacy
F Robinson - legacy
Colin Mears – legacy
D Chilcot – legacy
Bob McKee-CILIP/IFLA Award
Foyle Foundation
ACE-Working internationally project
ACE-Independent review of Public Library
Financing
Govt-COVID19 Recovery Fund
Govt-COVID19 2ndRound Recovery Fund
Green Libraries
ACE-Future skills in Public Libraries
ACE-Working internationally Phase2
Workforce mapping project
Designing Libraries
GA Cooks legacy – CILIP Cymru
Total Restricted Funds		 At 1 January
2022
Income
Expenditure
net
gains
Transfer
At 31
December
2022
£
£
£
£
£
£
8,774
-
(175)
-
-
8,599
9,823
-
(183)
(678)
-
8,962
2,785
-
(52)
(176)
-
2,557
1,120
-
(22)
-
-
1,098
11,420
-
(214)
(724)
-
10,482
14,079
-
(264)
(892)
-
12,923
388,797
20,679
(18,313)
(20,212)
-
370,951
13,662
-
(273)
-
-
13,389
99
-
(2)
-
-
97
-
-
-
-
-
-
-
-
-
-
-
-
5,975
-
(5,813)
-
-
162
-
-
-
-
-
-
-
-
-
-
-
-
-
146,700
(131,240)
-
-
15,460
80,000
32,000
(48,071)
-
-
63,929
36,000
-
(31,000)
-
-
5,000
39,000
-
(20,000)
-
-
19,000
4,209
27,750
(11,055)
-
-
20,904
615,743
227,129
(266,677)
(22,682)
-
553,513
170,715
-
-
(9,509)
-
161,206
786,458
227,129
(266,677)
(32,191)
-
714,719

43 | CILIP Annual Report & Accounts 2022

16B COMPARATIVE 2021 RESTRICTED FUNDS – CHARITY AND GROUP

Mitchell Memorial Fund
Anthony Thompson Scholarship Fund
Arundell Esdaile Memorial Fund
Catherine Hamilton Memorial Prize
K Pierce - legacy
F Robinson - legacy
Colin Mears – legacy
D Chilcot – legacy
Bob McKee-CILIP/IFLA Award
Foyle Foundation
ACE-Working internationally project
ACE-Independent review of Public Library
Financing
Govt-COVID19 Recovery Fund
Govt-COVID19 2ndRound Recovery Fund
Govt-COVID19 Continuity Fund
ACE-Future skills in Public Libraries
ACE-Working internationally Phase2
Workforce mapping project
Designing Libraries
GA Cooks legacy – CILIP Cymru
Total Restricted Funds		 At 1 January
2021
Income
Expenditure
net
gains
Transfer
At 31
December
2021
£
£
£
£
£
£
8,953
-
(179)
-
-
8,774
8,608
406
(200)
1,009
-
9,823
2,474
106
(57)
262
-
2,785
1,743
-
(623)
-
-
1,120
10,143
434
(233)
1,076
-
11,420
12,495
534
(276)
1,326
-
14,079
344,864
17,260
(16,146)
42,819
-
388,797
13,941
-
(279)
-
-
13,662
101
-
(2)
-
-
99
6,034
-
(6,034)
-
-
62,336
15,000
(77,336)
-
-
-
18,000
-
(12,025)
-
-
5,975
309,436
-
(309,436)
-
-
-
-
320,000
(320,000)
-
-
-
-
300,000
(300,000)
-
-
-
-
80,000
-
-
-
80,000
36,000
-
-
-
36,000
-
39,000
-
-
-
39,000
-
4,209
-
-
-
4,209
799,128
812,949
(1,042,826)
46,492
-
615,743
150,571
-
-
20,144
-
170,715
949,699
812,949
(1,042,826)
66,636
-
786,458

The Mitchell Memorial Fund provides loans to members to fund full or part-time study to further their careers. CILIP’s Board of Trustees merged Henrik Jones Memorial Prize with the Mitchell Memorial fund in 2017 because postgraduate course no longer offered at the University of Brighton.

Anthony Thompson Scholarship Fund enables a qualified library and information professional from outside the UK to visit and study some aspects of UK library and information work for two to three weeks. The International Library and Information Group (CILIP special interest group) manage the award for CILIP.

Arundell Esdaile Memorial Fund was set up to endow a lecture given periodically on librarianship and bibliography. Only the interest from the fund may be used.

Catherine Hamilton Memorial Prize awarded for the most outstanding Master’s dissertation in the broad area of information retrieval or electronic text management.

K Pierce – legacy assists librarians to carry out engagements which would further the interests of librarianship in attending conferences overseas (not IFLA).

F Robinson – legacy was set up to reward innovation in library administration and particularly aimed at para professionals. Only the interest from the fund may be used.

The Colin Mears legacy provides funds for the Colin Mears Awards for the illustration of children’s books.

The D Chilcot legacy provides funds to be utilised for information facilities at CILIP and education purposes.

Bob McKee-CILIP/IFLA Aspire award helps new professionals develop through networking at UK and international events. IFLA provides an international bursary to support new professionals.

44 | CILIP Annual Report & Accounts 2022

Foyle Foundation; provided the grant to commission a research to look into the level of school library provision in the UK.

ACE, working internationally project; this is a two-year programme to promote international working for public libraries in England.

Arts Council England (ACE) grant given for the independent review of Public Libraries financing.

Govt-1[st] &2[nd] COVID19 Recovery Fund; was given by the government towards CILIP sustainability due to the impact of COVID19 lock down on CILIP’s operations.

Govt-COVID19 Continuity fund grant given to part-settled the Defined Benefit Pension debt incurred due to the impact of the pandemic lockdown.

ACE-Future skills in Public libraries grant given for the Induction pack and digital skills training for public libraries workforce.

ACE-Working internationally Phase 2 grant given to continue to develop international working for public libraries in England.

Workforce mapping project is a consortium of organisations embarking on mapping libraries and information manager’s workforce within the United Kingdom.

Designing Libraries is a Community Interest Company that CILIP currently supports until they are able to operate independently.

The GA Cooks legacy; was donated for use by the Welsh Member Network of CILIP.

17 DESIGNATED FUNDS – CHARITY AND GROUP

The following designated funds have been set aside out of unrestricted funds for specific purposes:

Fixed asset Reserve
Development fund		 At
1 January
2022
Income
Expenditure
Transfer
At
31 December
2022
£
£
£
£
1,659,045
-
(138,633)
-
1,520,412
152,370
-
(9,018)
-
143,352
1,811,415
-
(147,651)
-
1,663,764

17B COMPARATIVE 2021 DESIGNATED FUNDS – CHARITY AND GROUP

Fixed asset Reserve
Development fund		 At
1 January
2021
Income
Expenditure
Transfer
At
31 December
2021
£
£
£
£
1,712,535
-
(56,046)
2,556
1,659,045
99,738
17,628
-
35,004
152,370
1,812,273
17,628
(56,046)
37,560
1,811,415

The fixed asset reserve is established to represent the net book value of fixed assets, which is not attributable to other reserves, it excludes the revaluation reserve on the building.

The development reserve has been set aside for a number of one-off projects to enhance the effectiveness of CILIP services for its members.

45 | CILIP Annual Report & Accounts 2022

18 TRANSFER BETWEEN FUNDS

Fixed Asset
transfer
Development
fund transfer
Totals		 2022
Unrestricted fund
Central
operations
Member
Networks
Designated
fund
Restricted
fund
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-		 2021
Unrestricted fund
Central
operations
Member
Networks
Designated
fund
Restricted
fund
£
£
£
(2,556)
-
2,556
-
(35,004)
-
35,004
-
(37,560)
-
37,560
-

In 2022 and 2021, fixed asset acquisitions transferred from central operations to designated funds. In 2022 and 2021, funds transferred from central operations to designated fund to cover the costs of major works on the central office building.

19 UNRESTRICTED FUNDS

Group Unrestricted funds
Revaluation Reserve
Pension Reserve (note 20)
Central operations fund
CILIP Pathways ltd funds
Member Networks
Charity Unrestricted funds
Revaluation Reserve
Pension Reserve (note 20)
Central operations fund
Member Networks		 At
1 January
2022
Income
Expenditure
Gains
Transfers
At
31 December
2022
£
£
£
£
£
£
24,624,496
(1,225,000)
-
23,399,496
(4,934,000)
(12,000)
496,000
-
(4,450,000)
958,817
3,316,983
(3,619,859)
(21,561)
-
634,380
(5,752)
91,875
(35,311)
-
-
50,812
693,294
213,039
(209,573)
-
-
696,760
21,336,855
3,621,897
(3,876,743)
(750,561)
-
20,331,448
At
1 January
2022
Income
Expenditure
Gains
Transfers
At
31 December
2022
£
£
£
£
£
£
24,624,496
-
-
(1,225,000)
-
23,399,496
(4,934,000)
-
(12,000)
496,000
-
(4,450,000)
958,817
3,316,983
(3,619,859)
(21,561)
-
634,380
693,294
213,039
(209,573)
-
-
696,760
21,342,607
3,530,022
(3,841,432)
(750,561)
-
20,280,636

46 | CILIP Annual Report & Accounts 2022

19B COMPARATIVE 2021 UNRESTRICTED FUNDS

Group Unrestricted funds
Revaluation Reserve
Pension Reserve (note 20)
Central operations fund
CILIP Pathways Ltd funds
Member Networks
Charity Unrestricted funds
Revaluation Reserve
Pension Reserve (note 20)
Central operations fund
Member Networks		 At
1 January
2021
Restated
Income
Expenditure
Gains
Transfers
At
31 December
2021
£
£
£
£
£
£
20,250,496
-
-
4,374,000
-
24,624,496
(7,051,000)
-
(363,000)
2,480,000
-
(4,934,000)
168,786
3,058,829
(2,279,489)
48,251
(37,560)
958,817
(27,754)
59,000
(36,998)
-
-
(5,752)
678,915
143,127
(128,748)
-
-
693,294
14,019,443
3,260,956
(2,808,235)
6,902,251
(37,560)
21,336,855
At
1 January
2021
Income
Expenditure
Gains
Transfers
At
31 December
2021
£
£
£
£
£
£
20,250,496
-
-
4,374,000
-
24,624,496
(7,051,000)
-
(363,000)
2,480,000
-
(4,934,000)
168,786
3,058,829
(2,279,489)
48,251
(37,560)
958,817
678,915
143,127
(128,748)
-
-
693,294
14,047,197
3,201,956
(2,771,237)
6,902,251
(37,560)
21,342,607

20 STATEMENT OF FUNDS

Group statement of funds

tement of funds
Restricted fund
Designated fund
Unrestricted fund
atement of funds
Restricted fund
Designated fund
Unrestricted fund		 At
1 January
2022
Income
Expenditure
Gains
Transfers
At
31 December
2022
£
£
£
£
£
£
786,458
227,129
(266,677)
(32,191)
-
714,719
1,811,415
-
(147,651)
-
-
1,663,764
21,336,855
3,621,897
(3,876,743)
(750,561)
-
20,331,448
23,934,728
3,849,026
(4,291,071)
(782,752)
-
22,709,931
At
1 January
2022
Income
Expenditure
Gains and
(Losses)
Transfers
At
31 December
2022
£
£
£
£
£
£
786,458
227,129
(266,677)
(32,191)
-
714,719
1,811,415
-
(147,651)
-
-
1,663,764
21,342,607
3,530,022
(3,841,432)
(750,561)
-
20,280,636
23,940,480
3,757,151
(4,255,760)
(782,752)
-
22,659,119

Charity statement of funds

47 | CILIP Annual Report & Accounts 2022

20B COMPARATIVE 2021 STATEMENT OF FUNDS

tement of funds
Restricted fund
Designated fund
Unrestricted fund
atement of funds
Restricted fund
Designated fund
Unrestricted fund		 At
1 January
2021
Income
Expenditure
Gains
Transfers
At
31 December
2021
£
£
£
£
£
£
949,699
812,949
(1,042,826)
66,636
-
786,458
1,812,273
17,628
(56,046)
-
37,560
1,811,415
14,019,442
3,260,957
(2,808,235)
6,902,251
(37,560)
21,336,855
16,781,414
4,091,534
(3,907,107)
6,968,887
-
23,934,728
At
1 January
2021
Income
Expenditure
Gains and
(Losses)
Transfers
At
31 December
2021
£
£
£
£
£
£
949,699
812,949
(1,042,826)
66,636
-
786,458
1,812,273
17,628
(56,046)
-
37,560
1,811,415
14,047,197
3,201,956
(2,771,237)
6,902,251
(37,560)
21,342,607
16,809,169
4,032,533
(3,870,109)
6,968,887
-
23,940,480

Group statement of funds

Charity statement of funds

21 ALLOCATION OF NET ASSETS TO FUNDS

Group allocation of net assets to Funds
Tangible assets
Long term investments
Fixed assets
Current assets
Current liabilities
Long-term liabilities
Net Assets
Charity allocation of net assets to Funds
Tangible assets
Long term investments
Fixed assets
Current assets
Current liabilities
Long-term liabilities
Net Assets		 Unrestricted
Restricted
Total
Central
operations
Member
Networks
Designated
Funds
Pathways
Limited
Funds
2022
£
£
£
£
£
£
23,531,089
-
1,520,412
-
-
25,051,501
1
-
143,352
-
389,172
532,525
23,531,090
-
1,663,764
-
389,172
25,584,026
1,519,222
696,760
-
128,613
325,547
2,670,142
(958,903)
-
-
(77,801)
-
(1,036,704)
(4,507,533)
-
-
-
-
(4,507,533)
19,583,876
696,760
1,663,764
50,812
714,719
22,709,931
£
£
£
£
£
£
23,531,089
-
1,520,412
-
-
25,051,501
1
-
143,352
-
389,172
532,525
23,531,090
-
1,663,764
-
389,172
25,584,026
1,548,922
696,760
-
-
325,547
2,571,229
(988,603)
-
-
-
-
(988,603)
(4,507,533)
-
-
-
-
(4,507,533)
19,583,876
696,760
1,663,764
-
714,719
22,659,119

48 | CILIP Annual Report & Accounts 2022

21B COMPARATIVE 2021 ALLOCATION OF NET ASSETS TO FUNDS

Group allocation of net assets to Funds -
restated
Tangible assets
Long term investments
Fixed assets
Current assets
Current liabilities
Long-term liabilities
Net Assets
Charity allocation of net assets to Funds -
restated
Tangible assets
Long term investments
Fixed assets
Current assets
Current liabilities
Long-term liabilities
Net Assets		 Unrestricted
Restricted
Total
Central
operations
Member
Networks
Designated
Funds
Pathways
Limited
Funds
2021
£
£
£
£
£
£
24,624,497
-
1,659,045
-
-
26,283,542
1
-
-
-
564,714
564,715
24,624,498
-
1,659,045
-
564,714
26,848,257
2,072,511
819,763
213,167
9,848
221,744
3,337,033
(1,040,910)
(126,469)
-
(15,600)
-
(1,182,979)
(5,067,583)
-
-
-
-
(5,067,583)
20,588,516
693,294
1,872,212
(5,752)
786,458
23,934,728
£
£
£
£
£
£
24,624,497
-
1,659,045
-
-
26,283,542
1
-
-
-
564,714
564,715
24,624,498
-
1,659,045
-
564,714
26,848,257
2,072,511
819,763
213,167
-
221,744
3,327,185
(1,040,910)
(126,469)
-
-
-
(1,167,379)
(5,067,583)
-
-
-
-
(5,067,583)
20,588,516
693,294
1,872,212
-
786,458
23,940,480

22 PENSION COMMITMENTS

CILIP operates two pension schemes:

22.1 Defined Contribution Pension Scheme

CILIP’s existing employees were entitled to join the Scottish Widows group stakeholder salary sacrifice pension scheme, which is funded, by 5% of salary contribution from employee and 10% of salary contribution by the employer. New and existing employees who are not in the scheme may join at any time. Staff may opt-out of the scheme at any time.

The amount paid into the scheme by CILIP in 2022 was £143,403 (2020: £141,240). The amount within trade creditors in note 14 above was £17,673 (2021: £18,294).

22.2 A Defined Benefit Pension Scheme in the UK.

This is a separate trustee administered fund, holding the pension scheme assets to meet long term pension liabilities. The results of the most recent triennial actuarial valuation as at 31 December 2019 revealed a funding shortfall of £9,538,000. By agreement with the Pension Trustees, at the point at which the £9.5m is paid into the Scheme to cover the Technical Provisions deficit, CILIP will no longer be liable for the payment of regular Deficit Repair Contributions and ongoing Scheme costs will be covered from funds held jointly in escrow.

To eliminate this funding shortfall, the Pension Trustee and CILIP (the Employer) have agreed that contributions totalling £9,500,000 will be paid to the Scheme by the Employer on or before 31 December 2022 (rolled forward to 31 March 2023 by agreement with the Pension Trustees).

49 | CILIP Annual Report & Accounts 2022

Contributions of £135,000 paid in 2022 were in accordance with the Recovery Plan agreed after the triennial actuarial valuation as at 31 December 2019. The amount paid in advance for January 2023 within other creditors in note 14 above was £60,000. The amount within other creditors in note 14 above for 2021 was £15,000.

Trustees are aware that the volatile investment market is expected to have an impact on the pension scheme in terms of asset values and the measure of liabilities. No information has been received to date as to the quantum of the impact of COVID-19 on the pension scheme, and no requests for any change to deficit funding have been received.

A full actuarial valuation was carried out at 31 December 2019 and updated to 31 December 2022 by a qualified actuary, independent of the scheme’s sponsoring employer. The major assumptions used by the actuary shown below:

2022 2021 2020 2019
Discount rate 4.90% 1.85% 1.35% 2.15%
Inflation (RPI) 3.20% 3.40% 2.90% 2.95%
Inflation (CPI) 2.60% 2.8% 2.3% 2.05%
Allowance for pension in payment increases of RPI (p.a.) 3.25% 3.40% 2.90% 2.95%
Allowance for pension in payment increases of RPI or 2.5% p.a. if less 2.00% 2.250% 2.10% 2.15%
Allowance for pension in payment increases of RPI or 3% p.a. if less 2.10% 2.40% 2.05% 1.90%
Allowance for commutation of pension for cash at retirement 20% 20% 20% 20%

Present values of defined benefit obligation, fair value of assets and defined benefit asset (liability):

2022 2021 2020
£’000 £’000 £’000
Fair value of plan assets 12,953 21,989 21,702
Present value of defined benefit obligations (17,403) (26,923) (28,753)
Surplus (deficit) in plan (4,450) (4,934) (7,051)
Defined benefit asset (liability) to be recognised (4,450) (4,934) (7,051)

Reconciliation of opening and closing balances of the defined benefit obligation:

Defined benefit obligation at start of period
Scheme Administration Expenses
Interest expense
Actuarial losses/(gains)
Total benefit outgo
Defined benefit obligation at end of period		 2022
2021
£’000
£’000
26,923
28,753
-
-
487
383
(8,808)
(1,382)
(1,199)
(831)
17,403
26,923

50 | CILIP Annual Report & Accounts 2022

Reconciliation of opening and closing balances of the fair value of plan assets:

Fair value of plan assets at start of period
Interest income
Actuarial (losses) gains
Contributions by CILIP
Scheme administration expenses
Total benefit outgo
Fair value of plan assets at end of period		 2022
2021
£’000
£’000
21,989
21,702
396
286
(8,312)
1,098
480
191
(401)
(457)
(1,199)
(831)
12,953
21,989

The actual return plus actuarial loss on the plan assets over the period ended 31 December 2022 was (£7,916,000) (2021: £1,384,000).

Defined benefit costs recognised in statement of financial activities:

Scheme administration expenses
Net interest on the defined benefit liability
Fair value of plan assets at end of period		 2022
2021
£’000
£’000
(401)
(457)
(91)
(97)
(492)
(554)

Defined benefit costs recognised in other comprehensive income:

Defined benefit costs recognised in other comprehensive income: Defined benefit costs recognised in other comprehensive income:
Gain Return on plan assets (excluding amounts included in net interest cost)
Gain/(loss) Effects of changes in the demographic and financial assumptions underlying the
present value of the plan liabilities
Total gain/(loss) recognised in other comprehensive income
Assets:
2022
£’000
Cash
171
Immediate annuity policies
57
Managed growth
4,613
Liability driven investments
8,112
Total assets
12,953		 2022
2021
£’000
£’000
(8,312)
1,098
8,808
1,382
496
2,480
2021
2020
£’000
£’000
723
77
76
141
7,707
12,676
13,483
8,808
12,953 21,989
21,702

None of the fair values of the assets shown above includes any direct investments in CILIP’s own financial instruments or any property occupied by, or other assets used by CILIP.

51 | CILIP Annual Report & Accounts 2022

23 CORPORATION TAXATION

CILIP is a registered charity and as such is exempt from taxation of its income and gains to the extent that they fall within the exemptions available to charities under the Taxes Act and are applied to its charitable objectives.

24 RELATED PARTIES

CILIP Benevolent Fund Registered Charity No. 237352

This trust exists for the relief of poverty of CILIP members, former members and their dependants (including former Library Association and Institute of Information Scientists members). CILIP Board appoints all trustees. CILIP provided £1,000 towards their running costs on a yearly basis. As at 31[st] of December 2022 the amount of donation received on-behalf of CILIP Benevolent Fund and not yet transferred was £679 (2021: £294). Also, as at 31[st] of December 2022 the amount of payment made to suppliers on behalf of CILIP Benevolent Fund and not yet paid was £nil (2021: £1,140).

The John Campbell Trust Registered Charity No. 802262

This trust exists to advance the education of the public in Information Science in particular by the awarding of grants, scholarships, research fellowships and prizes. CILIP Board appoints all trustees. There were no outstanding balances for 2022 and 2021.

Library Services Trust Registered Charity No. 287404

This trust exists to promote education in librarianship, bibliography and related subjects. CILIP Board appoints two of the six trustees. There were no outstanding balances for 2022 and 2021.

CILIP Board, Presidential Team and Committee Members with arm’s length business relationship with CILIP

Jo Webb received in 2022 £20 (2021: £41) as Royalty as an author for a book published for CILIP Facet publishing. CB Resourcing recruitment agency in which Simon Burton is director of, received in 2022 £nil (2022: £9,000) as consultancy fees paid via CB Resourcing on behalf of CILIP.

CB Resourcing recruitment agency in which Simon Burton is director of, paid in 2022 £nil (2021: £3,864) in respect of sponsorship for Employers Forum.

There were no other related parties in the year or in the prior year.

25 OPERATING LEASE

At the end of the year, CILIP was committed to receiving the following rental incomes in respect of tenant leases:

Leases which expire:
- within one year
- within two to five years
- over five years		 2022
2022
Land
& buildings
Plant
& Machinery
£
£
704,325
-
800,400
-
-
-
1,504,725		 2021
2021
Land
& buildings
Plant
& Machinery
£
£
754,441
-
1,554,790
-
-
-
2,309,231
-

Operating lease rentals totaled £715,017 for the year ended 31 December 2022 (2021: £754,441).

CILIP Trustees made a decision to dispose of the building at 7 Ridgmount Street and placed it on the market with the expectation to complete the sale by 31 December 2022. By agreement with the Pension Trustees, this deadline was rolled forward to the 31 March 2023 (and hence did not take place in FY2022). The disposal proceeds would be used to pay off the Defined Benefit Pension deficit, purchase another freehold building and to secure the ongoing operations of the Charity.

26 POST BALANCE SHEET EVENT

52 | CILIP Annual Report & Accounts 2022

CILIP’S Operational management directory

The information shown below is that pertaining between January 2022 and December 2023, the date of signing the accounts.

CILIP Board members are trustees for the purpose of charity legislation

Chair

Sue Lacey Bryant BA(Hons) DipLib MSc MCLIP MIHM (from 1 February 2022) John Trevor-Allen BA(Hons) MSc Econ MCLIP (to January 2022)

Honorary Treasurer

Alison Wheeler MBE PG Cert Mgnet MCLIP (from January 2017)

CILIP Board members

Sue Lacey Bryant BA(Hons) DipLib MSc FCLIP MIHM (from 1 February 2019 to 31 December 2023)

Jo Webb MA MLib MBA FCLIP FHEA FRSA (from 1 January 2018 to 31 December 2022) Alison Wheeler MBE MCLIP (from 1 January 2017, re-elected 1 January 2021) Steve Williams BA MSc FBCS (from 1 January 2019 to December 2022)

Shirley Yearwood-Jackman BA(Hons) MSc (from 1 January 2019 to 31 December 2022) Nicola Davies BA (Hons) MSc Econ (from 1 June 2019 to 31 May 2022)

Helen Workman (from 1 January 2020 to 31 December 2023, to be re-elected from Jan 2024)

Binni Brynolf (from 1 January 2020 to 31 December 2023 and to be re-elected from Jan 2024)

Simon Burton (from 1 January 2021) Stephen Phillips (from 1 January 2021) Alison Brettle (from 1 January 2021) Sue Ball (from 1 January 2021) Liz Jolly (from 30 April 2021)

Presidential Team

President

John Trevor-Allen BA(Hons) MSc Econ MCLIP (from 1 January 2023 to January 2024)

President

Kate Robinson JP, BA, MA, FCLIP, FRSA (from 1 January 2022 to January 2023)

Vice-President

John Trevor-Allen BA(Hons) MSc Econ MCLIP (from 1 January 2022 to January 2023)

53 | CILIP Annual Report & Accounts 2022

CILIP Senior Leadership Team

Chief Executive Officer Director of Transformation

Chief Operating Officer Chief Development officer Operations Director

Editor, Information Professional Head of CILIP in Scotland

Head of Digital and IT

Head of Facilities

Head of Finance

Director, Sector Development

Head of Sector Development

Head of Programmes

Head of Publishing Head of Sales and Marketing

Director, Business Development Director, Research and Development

Nick Poole BA MA Paul Jessop (from October 2021 to June 2023) Duncan Anthony (from April 2023) Jo Cornish FCLIP (from June 2021) Angela Shaw BSc (Hons) MSc (Imperial) MSc (Bayes) DChA CG (Affiliated) (from July 2023)

Rob Green BA (Hons) (from April 2019) Sean McNamara BA Hons MCLIP (from April 2019) Lisa Goldsmith MBA BSc (from April 2019 to November 2022) Fredy Castrillon (from April 2019 to June 2023) Abosede Dada FCCA (from April 2019 to November 2022) Sonia Ramdhian BA (Hons), MA, MCLIP (from August 2023) (Acting Director, Research and Development between AprilJuly 2023) Claire Robe (from January 2022 to February 2023) Natalie Jones (from December 2019 to September 2022) Pete Baker (from July 2019) Gemma Wood MA (from August 2019 to February 2023) Emma Watkins (from July 2023) Rabeea Arif MA (Hons) (from August 2023)

54 | CILIP Annual Report & Accounts 2022

Professional Advisers

Bankers: Bank of Scotland
Teviot House,
41 South Gyle Crescent
Edinburgh EH12 9XD
Unity Trust Bank PLC
Nine Brindley place
Birmingham B1 2HB
CCLA
Senator House
85 Queen Victoria Street
London EC4V 4ET
Auditors: Price Bailey
Chartered Accountants
24 Old Bond Street
London W1S 4AP
Solicitors: Bates, Wells
10 Queen Street Place
London EC4R 1BE
Pension providers:
Defined Benefit Scheme Isio (trading as Iseran Bidco Ltd)
1 St Peter’s Square
Manchester M2 3AE
Group Stakeholder Pension Scottish Widows
Scheme 69 Morrison Street
Edinburgh EH3 8YF

55 | CILIP Annual Report & Accounts 2022