IRIS Accounts Production v24.2.0.383 Other Company accounts True false Pounds 1.1.23 31.12.23 31.12.23 FY M Aboufirass L Amore A A Chambel K W F Howard S Puri W F Struckmeier I S Zektser D Kreamer B D Misstear J Shimada T Szocs W A Timms C Tindimugaya FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true false true false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039562332022-12-31039562332023-12-31039562332023-01-012023-12-31039562332021-12-31039562332022-01-012022-12-31039562332022-12-3103956233ns0:CharitableCompanyLimitedByGuarantee2023-01-012023-12-3103956233ns15:PoundSterling2023-01-012023-12-3103956233ns0:Trustee22023-01-012023-12-3103956233ns0:Trustee32023-01-012023-12-3103956233ns0:Trustee42023-01-012023-12-3103956233ns0:Trustee52023-01-012023-12-3103956233ns0:Trustee62023-01-012023-12-3103956233ns0:Trustee72023-01-012023-12-3103956233ns0:Trustee82023-01-012023-12-3103956233ns0:Trustee12023-01-012023-12-3103956233ns0:Trustee92023-01-012023-12-3103956233ns0:Trustee102023-01-012023-12-3103956233ns0:Trustee112023-01-012023-12-3103956233ns0:Trustee122023-01-012023-12-3103956233ns0:Trustee132023-01-012023-12-3103956233ns11:FRS1022023-01-012023-12-3103956233ns11:IndependentExaminationCharity2023-01-012023-12-3103956233ns11:SmallCompaniesRegimeForAccounts2023-01-012023-12-3103956233ns11:FullAccounts2023-01-012023-12-3103956233ns11:CharitiesSORP2023-01-012023-12-3103956233ns16:EnglandWales2023-01-012023-12-3103956233ns11:RegisteredOffice2023-01-012023-12-3103956233ns11:CompanySecretary12023-01-012023-12-3103956233ns0:TotalUnrestrictedFunds2023-01-012023-12-3103956233ns0:TotalRestrictedIncomeFunds2023-01-012023-12-3103956233ns0:Activity82023-01-012023-12-3103956233ns0:Activity8ns0:TotalUnrestrictedFunds2023-01-012023-12-3103956233ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-01-012023-12-3103956233ns0:Activity82022-01-012022-12-3103956233ns0:TotalUnrestrictedFunds2022-12-3103956233ns0:TotalRestrictedIncomeFunds2022-12-3103956233ns0:TotalUnrestrictedFunds2023-12-3103956233ns0:TotalRestrictedIncomeFunds2023-12-3103956233ns10:WithinOneYear2023-12-3103956233ns10:WithinOneYear2022-12-3103956233ns10:FurnitureFittingsToolsEquipment2023-01-012023-12-310395623322023-01-012023-12-3103956233ns10:OwnedAssets2023-01-012023-12-3103956233ns10:OwnedAssets2022-01-012022-12-3103956233ns0:TotalUnrestrictedFunds2022-01-012022-12-3103956233ns0:TotalRestrictedIncomeFunds2022-01-012022-12-3103956233ns0:Activity8ns0:TotalUnrestrictedFunds2022-01-012022-12-3103956233ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-01-012022-12-3103956233ns10:FurnitureFittings2022-12-3103956233ns10:FurnitureFittings2023-01-012023-12-3103956233ns10:FurnitureFittings2023-12-3103956233ns10:FurnitureFittings2022-12-3103956233ns10:CostValuation2022-12-3103956233ns10:Subsidiary12023-01-012023-12-3103956233ns10:Subsidiary112023-01-012023-12-3103956233ns10:WithinOneYear2023-01-012023-12-31
REGISTERED COMPANY NUMBER: 03956233 (England and Wales)
REGISTERED CHARITY NUMBER: 1083019












International Association of
Hydrogeologists

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 December 2023

International Association of
Hydrogeologists






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Report of the Trustees 1 to 5

Independent Examiner's Report 6

Statement of Financial Activities 7

Balance Sheet 8 to 9

Notes to the Financial Statements 10 to 18

International Association of
Hydrogeologists (Registered number: 03956233)

Report of the Trustees
for the Year Ended 31 December 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
All the Association's assets and funds are directed towards meeting the objectives that are contained in the Articles of Association of the Company. These are to advance public education and promote research (and disseminate the useful results of such research) in the study and knowledge of Hydrogeological science.

The Association seeks to achieve these objectives by:

-

Publishing journals, books, newsletters and other occasional publications, in both hard copy and
electronic format, for the benefit of members and the wider community interested in the objects of
the Association;
-Publishing of videos, webinars and other online educational materials;
-
Promoting international co-operation among hydrogeologists and others with an interest in
groundwater through commissions, networks, working groups and joint projects;
-



Encouraging the worldwide application of hydrogeological skills through education and technology
transfer programmes. The Burdon Fund was established by IAH to support hydrogeologists in
developing nations. IAH also runs a sponsored membership scheme to help hydrogeologists in
developing nations share in the benefits of IAH membership. The Association has enhanced its
capacity to do this by establishing an Education and Development Fund and a Sponsorship Fund;
-
Sponsoring international meetings, including an annual congress, and regional and national
meetings;
-
Co-operating with national and international scientific organisations, to promote understanding of
groundwater in the international management of water resources and the environment.

While these aims and objectives are clear, consistent and long-term, it is nevertheless prudent for the Association to review from time to time the activities that are undertaken and expenditures made in pursuit of these aims. To this end, a new strategic plan for the period to 2030 was published during the year. This framework includes recommendations for activities to strengthen the Association's membership, educational and scientific programmes, communications, conferences, provision of web-based services, income diversification and many others. Progress in implementing this strategic plan will be reviewed regularly by the Executive Committee of IAH and reported to the Trustees and Council.

In carrying out these objectives and aims, the Trustees have complied with their duty to have due regard to the guidance published by the Charity Commission on Public Benefit.


International Association of
Hydrogeologists (Registered number: 03956233)

Report of the Trustees
for the Year Ended 31 December 2023

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Association meets its charitable objectives in several ways.

The Association maintains a sponsored membership scheme for professional colleagues who for financial or practical reasons find it difficult to pay their own fees. This helps them to receive scientific knowledge and maintain technical contact with recent developments in groundwater science. To provide support for this, in 2009 the Association established a Sponsored Membership Fund of £10,000. The scheme is reviewed regularly to identify members who have been sponsored for long periods and whose personal career and national economic situations mean that they might be able to pay for themselves, thus freeing up funds for new sponsored members. At the end of 2023 total membership of this scheme stood at 279 members, with £5,832 provided from central funds to cover the sponsorship of 164 members . This left a deficit of £5,832 at the end of the year and the fund was replenished by transferring £5,832 from general funds. The remaining sponsored members were supported by National Chapters and individual IAH members.

To further enhance its charitable activities in the field of education, in 2009 the Association established a separate Education and Development Fund with an initial amount of £10,000. The Fund is intended to be used to support IAH members for educational and scientific purposes in the field of hydrogeology.

The major vehicle for education and dissemination of research is Hydrogeology Journal. With eight issues per year, this continues to meet its targets for scientific articles and reports disseminated, and also in terms of the encouragement of a broad spread internationally of the authors' countries of origin. Further, the wide geographical spread of the editorial board enables us to meet our objective of supporting publication in English of any scientific paper or report of merit regardless of the authors' own source language and facilities for translation. Hydrogeology Journal maintained a relatively high scientific citation index for its category while meeting the Association's objective of providing an accessible outlet for good hydrogeological science. Royalties for the Journal received in 2023 from our publishers, relating to turnover during 2022, amounted to £25,758.

IAH paid to publish in the Journal, papers produced by its Networks and Commissions, so that they would be freely available to all. This initiative followed the United Nations' 2022 World Water Day campaign, 'Groundwater: making the invisible visible', and IAH's own 'Year for Groundwater' and summarised key issues key issues highlighted during the campaign. The total cost for this was £4,193.

Work was also completed under the Education and Development Fund on a new paper in our Strategic Overview Series on Sanitation and Groundwater, at a cost of £2,680. In addition, £2,341 was used to support attendance at the Cape Town Congress of delegates from our Early Career Hydrogeologists'.

Our two book-series have now been closed but we continue to receive a small amount of annual royalties from book sales. In 2022 we received £923, from turnover in 2022. In addition we received a substantial back-payment, £16,093, for unpaid book royalties dating back several years.

IAH uses its Burdon Fund and Network as its main focus for supporting the work of groundwater professionals and raising awareness about groundwater in the developing world, traditionally with a focus on Africa. Funding totalling £8,730 was provided to support the participation of IAH members from low-income backgrounds in our annual congress, which took place in Cape Town, South Africa. The sponsored delegates were drawn from across the African continent and also from India. The Fund was replenished to this same amount by transfer from general funds. With donations of £180 during the year, the balance of funds on 31 December 2023 was £32,482.

Trading activities
These are carried out through the Association's subsidiary company World-Wide Groundwater Ltd. (WWGW). Following completion of the Global Environment Facility project on groundwater governance, no further income has been received since 2014. The company is, however, maintained at a small charge in the event of further requirements arising for its use. WWGW's bank account has continued to be used as a repository for a part of IAH's funds following the unexpected closure by the bank in 2022 of IAH's account. The amount held by WWGW on behalf of the charity at 31 December 2023 was £84,945 (2022: £91,448).


International Association of
Hydrogeologists (Registered number: 03956233)

Report of the Trustees
for the Year Ended 31 December 2023

FINANCIAL REVIEW
Results for the year
Total income for the year was £319,164 (2022: £322,966). Total expenditure was £324,575 (2022: £296,121), resulting in a deficit across the year of £5,411 (2022: surplus of £26,845). Currency exchange changes led to a paper loss of £5,231 (2022: loss of £2,294). However, reserves at the year-end remained sound at £261,660 (2022: £272,302).

The fall in income compared with 2022 is mainly attributed to reduction in the amount received in membership subscriptions.

A major cost during the year was support for the attendance of the IAH Council at the Council meeting and Congress in Cape Town. Support for delegates from low-income backgrounds was also significant. Expenditure for the annual congress contrasts with 2022, when the congress was organised for Wuhan, China, but no in-person presence was permitted.

There was also significant expenditure on support for education, which amounted to £9,214. The expenditure on salaries also increased, partly reflecting cost of living rises but also additional work related to Hydrogeology Journal.

These costs were largely counter-balanced by total publishing royalties received of £42,774 in respect of our journal and books, including a large back-payment for previously unpaid royalties for our book sales.

Significant funds (£84,945) continued to be held in the separate bank account of IAH's subsidiary, World-Wide Groundwater, following unexplained closure of IAH's own account by the bank in 2022 (2022: £91,448). Consideration is being given to transferring this remaining amount to IAH's new bank account, though it is acknowledged that distributing IAH's funds across several bank accounts affords additional security under the Financial Services Compensation Scheme.

Reserves policy
As at 31 December 2023 the amount of reserves were £261,660 (compared to £272,302 at 31 December 2022) of which £236,283 were free reserves (compared to £239,437 at 31 December 2022). Free reserves are reserves which do not include the restricted funds of £23,752 and reserves tied up in fixed assets of £1,625.

In addition to the management of the Burdon Fund, the Association has adopted a reserves policy for the management of its general funds with the following objectives:

1.To provide funds to continue the orderly development and future growth of the Association as
defined by its mission and objectives and as set out in the Forward Look strategic programme;
2.To provide funds to enable the Association to continue to meet its scientific aims and objectives
through its publications, conferences and the work of its commissions;
3.To provide funds to enable the Association to continue its work related to the promotion of
sound groundwater management throughout the world;
4.To provide funds to support the Association's work in developing countries.

Each year the Association's Executive approves a plan of activity and budget to address these objectives. This involves the release of funds from general funds to enable the plan to be delivered.

Further details on designated and restricted funds are provided in the notes to the financial statements.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, its Memorandum, Articles of Association and Rules, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 1985. Changes to the Rules of the Association were approved by Council at its meeting in Rome in September 2015 and at an online meeting in October 2022.


International Association of
Hydrogeologists (Registered number: 03956233)

Report of the Trustees
for the Year Ended 31 December 2023


STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The Council of the Association is elected by ballot of the membership of the Association every four years, the period of office running from the annual meeting at which the election takes place until the annual meeting in the fourth following year. The current Council was elected on 23 September 2020 and will serve until a new Council will be elected during 2024.

Organisational structure
All members, individual or corporate, are members of the international body. However, the Association encourages the formation of national or regional committees in order to carry out local administration, promote contacts and co-operation and undertake relevant studies of local or regional interest. National committees may be organised in a number of different ways according to national practice and circumstance.

The Council of the Association determines the general policy of IAH.

Remuneration of Key Management Personnel
In determining appropriate levels of remuneration for staff, the Association aims to provide overall packages of terms and conditions that are affordable, competitive and will help to attract, retain and motivate high quality individuals capable of achieving the Society's objectives. The Association wishes to ensure that staff are fairly rewarded for their individual and collective responsibilities and contributions to the Association's overall performance. Remuneration packages are the responsibility of the IAH Executive, which takes into account data on general inflation and wage inflation, as well as performance considerations when making its determinations. Key management remuneration for 2023 was £28,442 (2022 - £26,083).

Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03956233 (England and Wales)

Registered Charity number
1083019

Registered office
35 Cardinal Close
Caversham
Reading
RG4 8BZ

Trustees

Name Term during year to 31 December 2023
David Kreamer Continuous
Marco Petitta Continuous
Teodora Szocs Continuous
Jane Dottridge Continuous
Philip Chilton Continuous
Nicholas Robins Continuous

Company Secretary
I R Davey


International Association of
Hydrogeologists (Registered number: 03956233)

Report of the Trustees
for the Year Ended 31 December 2023


REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Locke Williams Associates LLP
Chartered Accountants
c/o Blackthorn House
St Pauls Square
Birmingham
West Midlands
B3 1RL

Solicitors
Robbins Olivery
Southern House
Woking
GU22 7UY

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 16 September 2024 and signed on its behalf by:





I R Davey - Secretary

Independent Examiner's Report to the Trustees of
International Association of
Hydrogeologists (Registered number: 03956233)

Independent examiner's report to the trustees of International Association of Hydrogeologists ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








David Williams FCA FCCA

Locke Williams Associates LLP
Chartered Accountants
c/o Blackthorn House
St Pauls Square
Birmingham
West Midlands
B3 1RL

23 September 2024

International Association of
Hydrogeologists

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 December 2023

31.12.23 31.12.22
Unrestricted Restricted Total Total
funds fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 5,360 180 5,540 6,731

Charitable activities
Members services 313,624 - 313,624 316,228

Investment income 2 - - - 7
Total 318,984 180 319,164 322,966

EXPENDITURE ON
Charitable activities
Members services 315,845 8,730 324,575 296,121

Net gains/(losses) on investments (5,231 ) - (5,231 ) (2,294 )

NET INCOME/(EXPENDITURE) (2,092 ) (8,550 ) (10,642 ) 24,551
Transfers between funds 12 (8,550 ) 8,550 - -
Net movement in funds (10,642 ) - (10,642 ) 24,551

RECONCILIATION OF FUNDS
Total funds brought forward 240,000 32,302 272,302 247,751

TOTAL FUNDS CARRIED FORWARD 229,358 32,302 261,660 272,302

International Association of
Hydrogeologists (Registered number: 03956233)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 7 1,624 562
Investments 8 1 1
1,625 563

CURRENT ASSETS
Debtors 9 102,985 117,254
Cash at bank and in hand 191,100 178,894
294,085 296,148

CREDITORS
Amounts falling due within one year 10 (34,050 ) (24,409 )

NET CURRENT ASSETS 260,035 271,739

TOTAL ASSETS LESS CURRENT
LIABILITIES

261,660

272,302

NET ASSETS 261,660 272,302
FUNDS 12
Unrestricted funds 229,358 240,000
Restricted funds 32,302 32,302
TOTAL FUNDS 261,660 272,302

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


International Association of
Hydrogeologists (Registered number: 03956233)

Balance Sheet - continued
31 December 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 21 September 2024 and were signed on its behalf by:





D Kreamer - Trustee

International Association of
Hydrogeologists

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Membership fees are recognised when receivable and the amount can be measured reliably by the charity.

Royalties and income from the exploitation of intellectual property rights are recognised when receivable in accordance with the substance of the relevant agreement.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing.

Donated memberships and donated travel costs are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

No amount is included in the financial statements for volunteer time in line with the Charities SORP.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Governance costs
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Association and include the independent examination and an allocation of staff costs attributable to time spent in managing the charity.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.



International Association of
Hydrogeologists

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

1. ACCOUNTING POLICIES - continued

Tangible fixed assets
Fixtures and fittings - 25% on cost

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure

Taxation
The charity is registered with the Charity Commission and under the provisions of Section 478 Corporation Tax Act 2010, is exempt from liability to taxation on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. The table below shows the balances held in the various currencies at the year end and the exchange rates prevailing.


Currency

Balances on 31.12.23
Rate of exchange with
sterling on 31.12.23

US Dollars$9,720$1.273
Euro€135,3781.153

Employee benefits
When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.


International Association of
Hydrogeologists

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. INVESTMENT INCOME
31.12.23 31.12.22
£    £   
Deposit account interest - 7

The charity owns World-Wide Groundwater Limited, which is incorporated in England and Wales, established by the Council to undertake commercial activities which are in support of the Association's charitable objectives and donates its annual taxable profits to the charity under Gift Aid.

The company has not traded during the year ended 31 December 2023 or the year ended 31 December 2022.

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.12.23 31.12.22
£    £   
Depreciation - owned assets 831 574
Accountancy and Independent Examination fee 1,720 1,860

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.


5. STAFF COSTS
31.12.23 31.12.22
£    £   
Wages and salaries 85,701 74,493
Social security costs 1,564 451
Other pension costs 3,421 2,980
90,686 77,924

The average monthly number of employees during the year was as follows:

31.12.23 31.12.22
Part time 5 4

No employees received emoluments in excess of £60,000.

In accordance with UK legislation related to pension auto-enrolment for small companies, all four of the Association's employees are placed in an appropriate pension scheme.

The total amount of employee benefits (including employers pension contributions) received by key management personnel is £28,442 (2022 - £26,083).

International Association of
Hydrogeologists

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 6,597 134 6,731

Charitable activities
Members services 316,228 - 316,228

Investment income 7 - 7
Total 322,832 134 322,966

EXPENDITURE ON
Charitable activities
Members services 292,948 3,173 296,121

Net gains/(losses) on investments (2,294 ) - (2,294 )

NET INCOME/(EXPENDITURE) 27,590 (3,039 ) 24,551
Transfers between funds (3,173 ) 3,173 -
Net movement in funds 24,417 134 24,551

RECONCILIATION OF FUNDS
Total funds brought forward 215,583 32,168 247,751

TOTAL FUNDS CARRIED FORWARD 240,000 32,302 272,302

7. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2023 11,720
Additions 1,893
At 31 December 2023 13,613
DEPRECIATION
At 1 January 2023 11,158
Charge for year 831
At 31 December 2023 11,989
NET BOOK VALUE
At 31 December 2023 1,624
At 31 December 2022 562

International Association of
Hydrogeologists

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
MARKET VALUE
At 1 January 2023 and
31 December 2023

1

NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 1

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

World-wide Groundwater Limited
Registered office: United Kingdom
Nature of business: Consultancy (non-trading)
%
Class of share: holding
Ordinary 100

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 83,249 91,863
Other debtors 17,956 -
Prepayments and accrued income 1,780 25,391
102,985 117,254

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 3,788 1,502
Other creditors - 420
Accruals and deferred income 30,262 22,487
34,050 24,409

International Association of
Hydrogeologists

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued


Deferred Income

31.12.2331.12.22
££

Balance as at 1 January19,81726,467
Released in the year(19,817)(26,467)
Deferrals in the year27,76219,817
Balance as at 31 December27,76219,817

Income under contractual arrangements is deferred where it is subject to the performance of certain terms or conditions. Where these have not been met at the balance sheet date, the income is not recognised in the statement of financial activities. Deferred income above represents membership fees received in advance of next year.

11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.12.23 31.12.22
Unrestricted Restricted Total Total
funds fund funds funds
£    £    £    £   
Fixed assets 1,624 - 1,624 562
Investments 1 - 1 1
Current assets 261,783 32,302 294,085 296,148
Current liabilities (34,050 ) - (34,050 ) (24,409 )
229,358 32,302 261,660 272,302

12. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.23 in funds funds 31.12.23
£    £    £    £   
Unrestricted funds
General fund 211,927 12,599 (23,533 ) 200,993
Sponsored Membership Fund - (5,832 ) 5,832 -
Education and Development Fund 14,708 (8,859 ) 9,151 15,000
Asia Fund 13,365 - - 13,365
240,000 (2,092 ) (8,550 ) 229,358
Restricted funds
Burdon Fund 32,302 (8,550 ) 8,550 32,302

TOTAL FUNDS 272,302 (10,642 ) - 261,660

International Association of
Hydrogeologists

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 318,629 (300,799 ) (5,231 ) 12,599
Sponsored Membership Fund - (5,832 ) - (5,832 )
Education and Development Fund 355 (9,214 ) - (8,859 )
318,984 (315,845 ) (5,231 ) (2,092 )
Restricted funds
Burdon Fund 180 (8,730 ) - (8,550 )

TOTAL FUNDS 319,164 (324,575 ) (5,231 ) (10,642 )


Comparatives for movement in funds

Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.22
£    £    £    £   
Unrestricted funds
General fund 187,930 44,515 (20,518 ) 211,927
Sponsored Membership Fund - (6,150 ) 6,150 -
Education and Development Fund 14,288 (10,775 ) 11,195 14,708
Asia Fund 13,365 - - 13,365
215,583 27,590 (3,173 ) 240,000
Restricted funds
Burdon Fund 32,168 (3,039 ) 3,173 32,302

TOTAL FUNDS 247,751 24,551 - 272,302

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 322,411 (275,602 ) (2,294 ) 44,515
Sponsored Membership Fund - (6,150 ) - (6,150 )
Education and Development Fund 421 (11,196 ) - (10,775 )
322,832 (292,948 ) (2,294 ) 27,590
Restricted funds
Burdon Fund 134 (3,173 ) - (3,039 )

TOTAL FUNDS 322,966 (296,121 ) (2,294 ) 24,551

International Association of
Hydrogeologists

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

12. MOVEMENT IN FUNDS - continued


Burdon Fund
The Burdon Fund was established in 1990 on the initiative of the Irish National Chapter of IAH, in memory of David Burdon, an Irish hydrogeologist of international repute. The objective of the fund is to help promote hydrogeological training and practice in developing nations, a cause to which David Burdon had devoted his career. The fund makes payments according to a set of criteria aligned to its objectives.

Contributions to the fund are made by individual IAH members and National Chapters of IAH or by transfer from the general accounts of IAH. The priorities for the use of the Fund in supporting the charitable objectives of the Association have been regularly reviewed by the Council, leading to decisions that the working priorities for the Fund should be:

- primary focus on the UN Sustainable Development Goals and thus on Africa;
- partnership and professional advice to UN and aid agencies;
- development of in-country and in-region support for groundwater professionals supported by IAH
membership;
- reliable and accessible data sources to assist in development projects.

Funding totalling £8,730 was provided to support the participation of IAH members from low-income backgrounds in our annual congress, which took place in Cape Town, South Africa. The sponsored delegates were drawn from across the African continent and also from India. The Fund was replenished to this same amount by transfer from general funds. With donations of £180 during the year, the balance of funds on 31 December 2023 was £23,752. (2022: £32,302).

Education and Development Fund
The Education and Development Fund aims to enhance the Association's charitable educational activities. It provides for a range of support, including: young professionals to attend IAH congresses or to publish their scientific findings; support for the scientific and educational work of the Association's commissions and national groups; and support for the production of educational materials on groundwater for non-specialist audiences.

IAH paid to publish in the Journal, papers produced by its Networks and Commissions, so that they would be freely available to all. This initiative followed the United Nations' 2022 World Water Day campaign, 'Groundwater: making the invisible visible', and IAH's own 'Year for Groundwater' and summarised key issues key issues highlighted during the campaign. The total cost for this was £4193.

Work was also completed under the Education and Development Fund on a new paper in our Strategic Overview Series on Sanitation and Groundwater, at a cost of £2,680. In addition, £2,341 was used to support attendance at the Cape Town Congress of delegates from our Early Career Hydrogeologists'.

Total expenditure from the Education and Development Fund amounted to £9,214 and the Fund was replenished by transferring £9,151 from general funds. With donations of £355 during the year the balance of funds on 31 December 2023 was £15,000 (2022: £14,708).



Sponsorship Fund
The Association has a sponsored membership scheme for developing-country professionals and others on lower incomes to enable them to receive scientific knowledge and maintain technical contact with recent developments in our science. To provide further support to this, in 2009 the Association established a Sponsored Membership Fund, and uses its membership network, national chapters and general publicity to encourage new candidates for sponsorship. At the end of 2023 total membership of this scheme stood at 279 members, with £5,832 provided from central funds to cover the sponsorship of 164 members. The remaining sponsored members were supported by National Chapters and individual IAH members. The Fund was replenished by £5,832 from general funds such that on 31 December 2023 the balance was £Nil (£2021: £Nil).


International Association of
Hydrogeologists

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

12. MOVEMENT IN FUNDS - continued



Asia Fund
The Association's Burdon Fund is long established and is focussed largely on Africa where the need for support for groundwater activities is greatest. At its strategic review in 2010 the Association wished to extend its developing country focus to Asia, where the educational and development support needs are somewhat different. Receipt in 2010 of an operating surplus from the 2009 conference in Hyderabad provided the opportunity to set up a separate Asia Fund and to establish a programme of support to members in the region. National chapters in the region were informed of the criteria for applying for support from the Asia Fund, but no requests for support were received. The balance of the fund at 31 December 2023 remained at £13,365 (2023: £13,365).

13. RELATED PARTY DISCLOSURES

During the year, the charity's subsidiary administered funds held at bank on behalf of the charity. At 31 December 2023, the subsidiary holds £84,945 (2022 £91,448) on behalf of the charity.