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|||||||31.12.20|31.12.19|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations<br>and legacies||||20||20|10|
|Charitable<br>activities||||||||
|Membership||||41,543||41,543|43,384|
|Annual<br>Conference|||||||61,716|
|Education<br>and Training||||579||579|610|
|Marketing<br>and Communication||||2,000||2,000|2,000|
|Journal ofVisual Communications||in Medicme||2,031||2,031|1,794|
|Investment<br>income|||3|1,641|285|1,926|2,253|
|Other income||||474||474|547|
|Total||||48,288|285|48,573|112,314|
|EXPENDITURE ON||||||||
|Charitable<br>activities||||||||
|Membership||||28,203||28,203|44,012|
|Annual<br>Conference|||||||52,631|
|Education and Training||||1,584|(120)|1,464|7,073|
|Marketing<br>and Communication||||15,171||15,171|14,833|
|Quality Assurance<br>and|Standards|||91||91|188|
|Journal ofVisual Communications||in Medicine||181||181|864|
|Total||||45,230|(120)|45,110|119,601|
|Net gains/(losses)<br>on investments||||(345)|(101)|(446)|(861)|
|NET INCOME/(EXPENDITURE)||||2,713|304|3,017|(8,148)|
|RECONCILIATION|OFFUNDS|||||||
|Total funds brought forward||||74,161|28,393|102,554|110,702|
|TOTAL FUNDS CARRIED FORWARD||||76,874|28,697|105,571|102,554|





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|BALANCESHEET<br>31DECEMBER 2020||||
|---|---|---|---|
|||31.12.20|31.12.19|
||Notes|||
|FIXEDASSETS||||
|Intangible<br>assets|8|14,212|20,925|
|Tangible assets|9|217|433|
|Investments|10|38,752|61,478|
|||53,181|82,836|
|CURRENT ASSETS||||
|Debtors||16,320|14,170|
|Cash at bank||62,874|38,158|
|||79,194|52,328|
|CREDITORS||||
|Amounts<br>falling due within one year|12|(26,804)|(32,610)|
|NET CURRENT ASSETS||52,390|19,718|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||105,571|102,554|
|NET ASSETS||105,571|102,554|
|FUNDS|14|||
|Unrestricted<br>funds||76,874|74,161|
|Restricted<br>funds||28,697|28,393|
|TOTAL FUNDS||105,571|102,554|





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|||||||||
|---|---|---|---|---|---|---|---|
|3.|INVESTMENT INCOME|||||||
|||||||31.12.20|31.12.19|
||Investment||income|||1,876|2,140|
||Deposit account interest|||||50|113|
|||||||1,926|2,253|
|4.|GRANTS||PAYABLE|||||
|||||||31.12.20|31.12.19|
||Education||and Training|||(120)|2,061|
||The total|grants paid to individuals||during|the year was as follows:|||
|||||||31.12.20|31.12.19|
||Turnbull|Travel Awards||||(120)|1,941|





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|Net inco|me/(expenditur|e)<br>is stated atter charging/(crediting):|||
|---|---|---|---|---|
||||31.12.20|31.12.19|
|Auditors'|remuneration||1,320|1,820|
|Depreciation<br>- owned||assets|216|217|
|Website|development|costs amortisation|11,063|9,975|
|Non-audit|fees||3,738|5,352|



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|INTANGIBLE FIXEDASSETS||
|---|---|
||Website|
||development|
||costs|
|COST||
|At I January 2020|39,900|
|Additions|4,350|
|At 31 December 2020|44,250|
|AMORTISATION||
|At I January 2020|18,975|
|Charge for year|11,063|
|At 31December 2020|30,038|
|NET BOOK VALUE||
|At 31December 2020|14,212|
|At 31December 2019|20,925|





## 

## 

|9.|TANGIBLE FIXEDASSETS||
|---|---|---|
|||Exhibition|
|||Stand and|
|||Office|
|||Equipment|
||COST||
||At 1 January 2020 and 31December 2020|17,065|
||DEPRECIATION||
||At 1 January 2020|16,632|
||Charge for year|216|
||At 31 December 2020|16,848|
||NET BOOKVALUE||
||At 31 December 2020|217|
||At 31 December 2019|433|
|10.|FIXEDASSETINVESTMENTS||
|||Listed|
|||investments|
||MARKET VALUE||
||At 1 January 2020|61,478|
||Disposals|(22,381)|
||Revaluations|(345)|
||At 31 December 2020|38,752|
||NET BOOKVALUE||
||At 31December 2020|38,752|
||At 31 December 2019|61,478|



## 

|DEBTORS:|AMOUNTS FALLING DUE WITHIN ON|E YEAR||
|---|---|---|---|
|||31.12.20|31.12.19|
|Trade debtors||11,919|10,002|
|Prepayments|and accrued income|4,401|4,168|
|||16,320|14,170|





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|12.|CREDI|TOR|S|: AMOUNTS FA|LLING DUE WITHIN ONE|YEAR|||
|---|---|---|---|---|---|---|---|---|
||||||||31.12.20|31.12.19|
||||||||f||
||Trade creditors||||||1,654|14,601|
||Accruals|and|deferred income||||25,150|18,009|
||||||||26,804|32,610|
|13.|ANALYSIS OFNET ASSETS||||BETWEEN FUNDS||||
||||||||31.12.20|31.12.19|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
||Fixed assets||||14,429||14,429|21,358|
||Investments||||38,752||38,752|61,478|
||Current|assets|||50,497|28,697|79,194|52,328|
||Current|liabiltties|||(26,804)||(26,804)|(32,610)|
||||||76,874|28,697|105,571|102,554|
|14.|MOVEMENT|||IN FUNDS|||||
||||||||Net||
||||||||movement|At|
|||||||At 1.1.20|in funds|31.12.20|
|||||||f|f||
||Unrestricted||funds||||||
||General|fund||||74,161|2,713|76,874|
||Restricted funds||||||||
||Tumbull|Fund||||28,393|304|28,697|
||TOTAL|FUNDS||||102,554|3,017|105,571|
||Net movement|||in funds, included|in the above are as follows:||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
||Unrestricted||funds||||||
||General|fund|||48,288|(45,230)|(345)|2,713|
||Restricted funds||||||||
||Turnbull|Fund|||285|120|(101)|304|
||TOTAL|FUNDS|||48,573|(45,110)|(446)|3,017|





## 

## 

||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.1,19|in funds|31.12.19|
|Unrestricted|funds||||
|General<br>fund||78,639|(4,478)|74,161|
|Restricted funds|||||
|Turnbull<br>Fund||30,252|(1,859)|28,393|
|West Midlands|Training Fund|1,811|(1,811)||
|||32,063|(3,670)|28,393|
|TOTALFUNDS||110,702|(8,148)|102,554|



||||incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|m funds|
|Unrestricted|funds||||||
|General fund|||111,710|(115,669)|(519)|(4,478)|
|Restricted funds|||||||
|Tumbull<br>Fund|||544|(2,061)|(342)|(1,859)|
|West Midlands|Training|Fund|60|(1,871)||(1,811)|
||||604|(3,932)|(342)|(3,670)|
|TOTAL FUNDS|||112,314|(119,601)|(861)|(8,148)|
|A current year|12months|and prior year|12months combined|position is as follows:|||
||||||Net||
||||||movement|At|
|||||At 1.1.19|in funds|31.12.20|
|Unrestricted|funds||||||
|General fund||||78,639|(1,765)|76,874|
|Restricted funds|||||||
|Tumbull<br>Fund||||30,252|(1,555)|28,697|
|West Midlands|Training|Fund||1,811|(1,811)||
|||||32,063|(3,366)|28,697|
|TOTAL FUNDS||||110,702|(5,131)|105,571|





## 

## 

|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||159,998|(160,899)|(864)|(1,765)|
|Restricted funds||||||
|Turnbull<br>Fund||829|(1,941)|(443)|(1,555)|
|West Midlands|Training Fund|60|(1,871)||(1,811)|
|||889|(3,812)|(443)|(3,366)|
|TOTAL FUNDS||160,887|(164,711)|(1,307)|(5,131)|
|D~esi<br>ated Funds:||||||



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||||||31.12.20|31.12.19|
|---|---|---|---|---|---|---|
||Contracted|but not provided|for in the financial|statements||3,500|
|16.|RELATED PARTY DISCLOSURES||||||