IMCoS Accounts to December 31st 2022

INCOME & EXPENDITURE ACCOUNT
Year ended 31 December 2022

		2022		2021
INCOME		£	£	£	£
Membership subscriptions		19,751		19,701
Journal advertising		14,714		16,354
Website advertising		1,116		1,302
Advertiser mailshot fee		250		0
Map fair contributions		800		0
Book & Journal sales		650		622
Members’ events (net) (Note 4)		-973		-117
Royalty received		0		29
Bank interest		336		79
		——–	36,644	——–	37,970
EXPENDITURE
IMCoS journal		32,790		31,126
Map and Society Lectures		200		0
AGM & committee meetings		528		499
International events		1,028		388
Postage		304		293
General insurance		369		552
Gifts and Awards		125		0
Membership leaflets		187		0
Membership administration		744		792
Financial administration		176		192
Computer & website (Note 5)		972		1,288
Bank & credit card charges		775		727
		——–	38,198	——–	35,857
SURPLUS/<DEFICIT> OF ORDINARY			———		———
INCOME FOR THE YEAR			£ -1,554		£ 2,113
			=====		=====
.
BALANCE SHEET
Year ended 31 December 2022
		2022		2021
		£	£	£	£
FIXED ASSETS
IMCoS library (less sales)			500		500
Website, subject to amortisation (Note 1)			1		1
			501		501

CURRENT ASSETS
Bank balances (Note 2)		94,549		94,549
Prepayments		398		398
Accounts receivable		0		0
		——–	94,947	——–	94,947

CURRENT LIABILITIES
Prepaid membership subscriptions
	2021	0		0
	2022	12,857		12,857
	2023	6,158		6,158
	2024/25	2,055		2,055
	Totals	21,070		21,070
Creditors		4,032		4,032
Advance receipts for UK events		900		900
		——–	26,002	——–	26,002
			——–		——–
NET CURRENT ASSETS			68,945		68,945
			——–		——–
NET ASSETS			£ 69,446		£ 69,446
			=====		=====
MEMBERS’ FUNDS

Balance brought forward			67,333		67,333
Surplus for year			2,113		2,113
			——–		——–
TOTAL FUNDS			£ 69,446		£ 69,446
			=====		=====
	Cinzia Viviani	Mike Sweeting
	Honorary Treasurer	Chairman
.
. NOTES TO THE ACCOUNTS
Year ended 31 December 2022
		2022	2021
1. WEBSITE		£	£
	Cost of new website	9,885	9,885
	Less Amortisation	9,884	9,884
	Carried forward	1	1
.
	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/c	13,563	15,165
	Bonus saver	8,101	8,083
	Term deposits	71,619	71,301
		93,283	94,549
.
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 2022 (2021 nil).
	Carry forward	900	900
.
4. MEMBERS EVENTS		Income	Expenditure	Surplus	20201
				(Deficit)	Net
		£	£	£	£
Annual Dinner		983	2,095	-1,112	-117
Hereford visit		765	626	139	0
		1,748	2,721	-973	-117

.
5. WEBSITE RUNNING COSTS			2022	2021
			£	£
	Service & upgrading system		972	1,288
	Amortisation		0	0
			972	1,288
6. CONTINGENT LIABILITIES
There are at present no contingent liabilities (2021: £nil).

GENERAL NOTE FOR THE YEAR 2022

XXX

Accounts 2022

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IMCoS Accounts to December 31st 2022

GENERAL NOTE FOR THE YEAR 2022