Statement of Financial Activities
| Note | 2012 | 2011 | |
| Incoming resources | |||
| Fees and subscriptions | £13,776 | £14,225 | |
| Investment income | 1 | £5,301 | £5,260 |
| Interest Income | £68 | £55 | |
| Income from activities for generating funds | £789 | £567 | |
| Other incoming resources | £30 | £25 | |
| Donations and legacies | £622 | £437 | |
| Total incoming resources | £20,586 | £20,569 | |
| Expenditure | |||
| Publications costs | £18,634 | £15,493 | |
| Stationery, postage and advertising | £773 | £926 | |
| Meetings costs | £87 | £0 | |
| Sundry expenses and fees | £674 | £550 | |
| Membership Services | £429 | £0 | |
| Grants | 2 | £1,000 | £2,000 |
| Total expenditure | £21,597 | £18,969 | |
| Net incoming resources | -£1,011 | £1,600 | |
| Gains on revaluation | £4,285 | £1,502 | |
| Net movement in funds | £3,274 | £3,102 | |
| Fund balances brought forward | £104,264 | £101,162 | |
| Fund balances carried forward | £107,538 | £104,264 |
Balance Sheet at 31st December 2011
| 2012 | 2011 | ||
| Fixed Assets | |||
| Investments at market value | 3 | £106,938 | £102,653 |
| Total fixed assets | £106,938 | £102,653 | |
| Current Assets | |||
| Debtors | 4 | £716 | £793 |
| Cash at bank and in hand | £6,011 | £13,623 | |
| Total current assets | £6,727 | £14,416 | |
| Short term creditors | 5 | £6,127 | £12,805 |
| Net current assets | £600 | £1,611 | |
| Total assets less current liabilities | £107,538 | £104,264 | |
| Unrestricted income funds | £107,538 | £104,264 |
Notes to financial statements
ACCOUNTING POLICIES
General
- These statements have been prepared in accordance with Financial Reporting Standard for Smaller Entities (FRSSE) and the Charities SORP (Statement of Recommended Practice)
- Investments are valued at market value on 31st December.
- No trustee has received any remuneration during the current or previous year. Expenses incurred on behalf of the Society have been reimbursed.
Funds
- All Society funds are unrestricted funds
- The accounts include transactions, assets and liabilities for which the Charity can be held liable.
| Note 1. Investment income from: | 2012 | 2011 |
| Stock listed on recognised stock exchange | £5,301 | £5,247 |
| National Savings Income Bond | £0 | £13 |
| Total | £5,301 | £5,260 |
| Note 2. Grants awarded: | ||
| 2012 awards | £2,000 | |
| Bryony Caswell | £1,000 | |
| Steve Wilkinson | -£1,000 | £1,000 |
| Total | £1,000 | £2,000 |
| Note 3. Investments: | ||
| Market value at beginning of year | £102,653 | £91,151 |
| Investment during the year | £0 | £10,000 |
| Net gain/(loss) on revaluation | £4,285 | £1,502 |
| Market value at end of year | £106,938 | £102,653 |
| Note 4. Analysis of debtors: | ||
| Tax recoverable – Gift Aid | £716 | £793 |
| Note 5. Analysis of creditors and accruals: | ||
| Publications accruals | £2,200 | £7,550 |
| Grants | £2,000 | £2,000 |
| Postage costs | £450 | £0 |
| Subscriptions in advance | £1,477 | £3,255 |
| Total | £6,127 | £12,805 |