International Map Collectors' Society

IMCoS Accounts to December 31st 2025

INCOME & EXPENDITURE ACCOUNT
Year ended 31 December 2025
20252024
INCOME££££
Membership subscriptions19,747.7519,961.21
Journal advertising16,338.5012,565.00
Website advertising1,357.00945.25
Donations136.88390.00
Old journals & books sold422.60264.00
Interest1,733.902,314.35
——–39,736.63——–36,439.81
 
June Reception Income
June Reception Costs-282.00
June Reception Net-282.000.00
Visits Income130.00
Visits Costs-201.00
Visits Net130.00-201.00
 
PayPal fees-580.77-467.50
Stripe fees-149.22-100.19
Bank fees-26.66-25.34
——–-756.65——–-593.03
NET INCOME38,827.9835,645.78
 
EXPENDITURE
IMCoS journal – March9,146.328,924.67
IMCoS journal – June8,781.288,686.67
IMCoS journal – September8,535.988,530.08
IMCoS journal – December8,562.688,734.45
——–35,026.26——–34,875.87
 
SEA ATLAS NET INCOME
Sold September 202516,000.00
Restoration costs-500.00
Sales costs-153.25
——–15,346.75
 
OTHER EXPENSES
Website858.001,074.00
Committee meetings275.06427.28
Insurance420.38412.09
Map & Society Lectures300.00200.00
International costs995.90
Marketing15.00
Show and Tell16.00
Printing22.50
Gifts & Awards44.4948.75
Membership leaflets58.00
Membership postage67.58251.15
Membership admin2,169.111,257.00
Financial admin180.00234.00
——–5,391.02——–3,935.27
SURPLUS / <DEFICIT> FOR THE YEAR£ 13,757.45£ <3,165.36>
==========
.
BALANCE SHEET
As at 24 December 2025
2025
££
FIXED ASSETS
Library500.00
Website1.00
Total fixed assets501.00
CURRENT ASSETS
Unpaid invoices2,400.00
Prepayments198.00
Total debtors2,598.00
Current account29,191.06
Business reserve1,318.52
Notice account72,162.06
Cash at bank102,671.64
——–
CURRENT LIABILITIES
Subscriptions 202612,957.00
Subscriptions 20276,112.00
Subscriptions 20281,956.50
Total future subscriptions21,025.50
Accruals4,313.49
UK Events fund900.00
Total liabilities26,238.99
——–
NET CURRENT ASSETS79,030.65
——–
TOTAL NET ASSETS£ 79,531.65
=====
CAPITAL & RESERVES
Balance brought forward65,774.13
Surplus for the year13,757.52
——–
TOTAL CARRIED FORWARD£ 79,531.65
=====
.
NOTES TO THE ACCOUNTS
Year ended 31st December 2025
20252024
1. WEBSITE££
Cost of new website9,885.009,885.00
Less amortisation9,884.009,884.00
Carried forward1.001.00
.
The new website became operational on 1st July 2016.
This was amortised over three years to 30th June 2019.
.
2. BANK BALANCES
National Westminster Bank££
Current a/c29,191.0617,839.35
Bonus Saver1,318.521,303.97
Term deposits72,162.0670,442.71
102,671.6489,586.03
.
3. UK LOCAL EVENTS
A donation of £1,000 was received in 2016 to assist in arranging visits
to places of interest. No allocation has been made in respect of 2025. (2024 nil)
Carry forward900.00900.00
.
4. MEMBER EVENTSIncomeExpenditureSurplus /
(Deficit)
£££
2025 visit to RGS130.000.00150.00
.
5. INTERNATIONAL EVENTS2025 £2024 £
Journal editor costs regarding Symposium in Portland995.90
H Wallis award cost in Malta201.00
.
6. WEBSITE RUNNING COSTS2025 £2024 £
Service & upgrading system858.001,074.00
Amortisation0.000.00
858.001,074.00
.
7. CONTINGENT LIABILITIES
There are at present no contingent liabilities.
.
8. SEA ATLAS
A copy of a Sea Atlas covering West Africa published in 1780, was gifted to IMCOS in 2001 and was in need of restoration.
This has now been completed and the volume has been sold giving rise to the net receipt of £15,347.
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