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Abstract: . . . 14,500.00 Amount released from previous year (14,500.00) (14,500.00) Incoming resources deferred in the year 14,500.00 14,500.00 ________ ________ As at 30 September 2005 14,500.00 14,500.00 ________ ________ Page 15 EXPERIMENTAL PSYCHOLOGY SOCIETY Page 13 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2005 ________________________________________________________________________ 15. Analysis of net . . . . . . released from previous year (14,500.00) (14,500.00) Incoming resources deferred in the year 14,500.00 14,500.00 ________ ________ As at 30 September 2005 14,500.00 14,500.00 ________ ________ Page 15 EXPERIMENTAL PSYCHOLOGY SOCIETY Page 13 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2005 ________________________________________________________________________ 15. Analysis of net assets between . . . . . . from previous year (14,500.00) (14,500.00) Incoming resources deferred in the year 14,500.00 14,500.00 ________ ________ As at 30 September 2005 14,500.00 14,500.00 ________ ________ Page 15 EXPERIMENTAL PSYCHOLOGY SOCIETY Page 13 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2005 ________________________________________________________________________ 15. Analysis of net assets between funds Unrestricted . . . . . . journal) decreased and to provide stability during transition to a revised funding structure. The reserves will be monitored by the Society committee and additional workshop and grant programmes will be devised on an annual basis to ensure that the Society increased its charitable expenses in line with income. Risk Management The Society’s reserves policy focuses on the risk associated with a decrease in journal income, and would . . . . . . These financial statements have been prepared under the historic cost convention and in accordance with applicable accounting standards, the Charities Act and the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP 2000). A revised charities SORP (SORP 2005) has been introduced for accounting periods starting on or after 1 April 2005. The trustees will produce the 2005 Financial Statements in accordance . . . . . . ________________________________________________________________________ 15. Analysis of net assets between funds Unrestricted Restricted Fund Fund Total £ £ £ Tangible fixed assets 554.47 - 554.47 Cash at bank and in hand 209,749.43 2,104.93 211,854.36 Other (net current liabilities) (42,825.72) - (42,825.72) ___________________________________ 167,478.18 2,104.93 169,583.11 ___________________________________ Represented by Unrealised . . . . . . (14,500.00) Incoming resources deferred in the year 14,500.00 14,500.00 ________ ________ As at 30 September 2005 14,500.00 14,500.00 ________ ________ Page 15 EXPERIMENTAL PSYCHOLOGY SOCIETY Page 13 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2005 ________________________________________________________________________ 15. Analysis of net assets between funds Unrestricted Restricted Fund Fund . . . --3000,7,214,3530,25131
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