Detailed Income & Expenditure Account For the year ended 31 December 2024
2024 £
2024 £
2023 £
2023 £
Income Subscriptions
1,952,436
1,746,683
FIATA Sales
14,910
11,260
Education and training
519,585
643,901
Application fees
15,787
28,167
Events and sundry sales
170,708
142,062
2,673,426
2,572,073
Cost of Sales Wages and salaries Social security costs
296,177 28,654 19,825 13,099
286,706
35,471
Staff pension costs defined contribution Permanent health insurance Private health insurance Education and training
15,945
6,112 1,935
1,264
53,710 158,518
89,788 178,549
Events
Training development Total purchases and other direct costs
-
450
571,247
614,956
Total cost of sales
(571,247)
(614,956)
Gross surplus
78.63%
2,102,179
76.09%
1,957,117
Administrative expenses Wages and salaries Social security costs Staff pension costs defined contribution Permanent health insurance Private health insurance Rent re operating leases
1,130,451 107,830 57,727 13,633 11,377 1,750 25,775 10,007 38,823 17,426 91,158 35,408 8,648 33,299 21,195 2,630 5,525
948,374 115,276
47,102 12,564 19,514 24,357 10,712 35,352 15,034 - 79,167 22,475 25,932 19,074 -
Rates
Power, light and heat
Property repairs and maintenance
Premises insurance Computer running costs Leasing - motor vehicles
Legal fees
Consultancy/Professional services
Accountancy Annual report Bookkeeping
4,125
-
6
BIFA Annual Report & Accounts 2024 | bifa.org
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