REGISTERED NUMBER: |
THE ASSOCIATION FOR GEOGRAPHIC |
INFORMATION |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
REGISTERED NUMBER: |
THE ASSOCIATION FOR GEOGRAPHIC |
INFORMATION |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
THE ASSOCIATION FOR GEOGRAPHIC |
INFORMATION (REGISTERED NUMBER: 02445202) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
Page |
Company Information | 1 |
Chairman's Report | 2 |
Balance Sheet | 3 |
Notes to the Financial Statements | 4 | to | 5 |
THE ASSOCIATION FOR GEOGRAPHIC |
INFORMATION |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
CHARTERED ACCOUNTANTS |
3 Lyttleton Court |
Birmingham Street |
Halesowen |
West Midlands |
B63 3HN |
THE ASSOCIATION FOR GEOGRAPHIC |
INFORMATION (REGISTERED NUMBER: 02445202) |
CHAIRMAN'S REPORT |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
Taking on the role of co-chair of the AGI alongside Peter ter Haar at the start of 2024 has been an honour, and I am pleased to present the accounts for 2024. |
Reflecting on the past year, I am thrilled to highlight the accomplishments and progress of the Association for Geographic Information (AGI). Our community has continued to expand, innovate, and make significant contributions to the geospatial field. |
Collaborative Efforts: AGI has successfully connected professionals and organisations from various backgrounds through our events, including the AGI Scotland Annual Conference, AGI GeoCymru Annual Conference, AGI Northern Ireland Annual Conference, GeoCom hosted by RGS in London, numerous Early Careers Network events and webinars, and the newly launched EO Network. Our network spans the UK and touches various sectors of the economy, establishing us as a respected voice in the geospatial community. |
Member Involvement: Our members have played a crucial role in our success. Their active participation in working groups, committees, and networks has driven our initiatives forward. The dedication and enthusiasm of our members have been instrumental in fostering a vibrant and dynamic community. |
Future Goals: As we look ahead, we are committed to further advancing geographic information, fostering innovation, and supporting our members. In 2025, we will be focusing on several key initiatives, including the publication of the AGI Foresight Report, which will outline the future trends and challenges in the geospatial field. Additionally, we are excited to host a major event centred around this report, bringing together experts and stakeholders to discuss and strategise on the future of geospatial information. We plan to use a proportion of our reserve funds to invest in this project. |
Looking forward, we remain dedicated to support the advancing the geographic information, fostering innovation, supporting our members, and Connecting a Thriving UK Geospatial Community. A comprehensive review of 2024 is available on the AGI website. |
F Craig |
Chair |
THE ASSOCIATION FOR GEOGRAPHIC |
INFORMATION (REGISTERED NUMBER: 02445202) |
BALANCE SHEET |
31ST DECEMBER 2024 |
2024 | 2023 |
Notes | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which 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 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 company. |
The financial statements were approved by the Board of Directors and authorised for issue on |
THE ASSOCIATION FOR GEOGRAPHIC |
INFORMATION (REGISTERED NUMBER: 02445202) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
1. | STATUTORY INFORMATION |
The Association for Geographic Information is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
PUBLICATIONS |
Sales of books and other publications are credited to the profit and loss account in the year in which they are made. |
MEMBERSHIP SUBSCRIPTIONS |
Membership subscriptions are recognised in the profit and loss account over the period of membership. |
CONFERENCES AND SEMINARS |
Income from conferences and seminars are recognised in the profit and loss account at the time of the relevant events. |
INTEREST INCOME |
Interest income is recognised in the Statement of income and retained earnings using the effective interest method. |
OTHER INCOME |
Other income is generated from isolated consultation projects. These are recognised in the profit and loss account in the period when the work is completed. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
THE ASSOCIATION FOR GEOGRAPHIC |
INFORMATION (REGISTERED NUMBER: 02445202) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2024 |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1st January 2024 |
and 31st December 2024 |
AMORTISATION |
At 1st January 2024 |
Charge for year |
At 31st December 2024 |
NET BOOK VALUE |
At 31st December 2024 |
At 31st December 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | COMPANY STATUS |
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation. |