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«norsca.co.uk Northern Society of Chartered Accountants - at the heart of northern business since 1882 NORTHERN SOCIETY OF CHARTERED ACCOUNTANTS ...»

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CONCLUSION

I would like to thank the Teesside Society Committee for all their hard work during my year of office. I have thoroughly enjoyed working with them and really appreciate all the time and energy they have given so freely.

I also wish to thank all of the officers of the Northern Society as well as Keith Proudfoot and Joanne Lucking for their advice and support.

2014 has been another good year for the Society on Teesside and I am sure that we will be able to build on this in 2015 with the continued support of our members from across the Tees Valley. I am pleased to report that Angela Foster and Emma Read are nominated to succeed me in 2015 and I wish them every success for the year ahead.

–  –  –

NORTHERN SOCIETY OF CHARTERED ACCOUNTANTS

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014 Cumberland 2014 report

CUMBERLAND SOCIETY OF CHARTERED ACCOUNTANTS 2014 REPORT

A BRANCH OF THE NORTHERN SOCIETY

The Committee has pleasure in presenting its Annual Report for the year ended 31 December 2014.

–  –  –

MEMBERSHIP OF THE COMMITTEE

OFFICERS

Chairman L Murchie Vice Chairman C Richardson Honorary Secretary C Garrison

ELECTED AND CO-OPTED

P Ellwood, C Lamont, M James, S Irving, S Graham and R McNay.

NSCA REPRESENTATIVES

Northern Society President A Jackson

NORTHERN SOCIETY OF CHARTERED ACCOUNTANTS

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014 Council Member R Barrigan

MEMBERSHIP

At 31 December 2014 the membership of the Society was 442.

COURSES

The courses programme, drawn up by C Richardson and the Courses Sub-Committee, has continued to provide members of the Cumberland Branch with relevant CPD locally. The courses continue to be well attended with most courses having over 20 people in attendance;

the Finance Act and Audit & Accounts update have continued to have the largest attendees with 75 and 55 respectively.

ANNUAL DINNER

This was held at The Roundthorn Country House, Penrith on Friday 13 March 2014 and over 70 members and their guests in attendance. The principal speakers were cricketer Matthew Hoggard MBE and Martyn Jones, ICAEW President. The feedback for the dinner was very good.

SOCIAL

There have been two golf events this year organised by Peter Ellwood, a Spring competition at Penrith and an Autumn competition at Carlisle.

There was a quiz night held in May at Foxes Restaurant Carlisle, with around 30 people attending this was a good night. Chairman and Vice Chairman (Lisa and Charlotte) were quiz masters for the night which meant the questions were not too hard!

The branch also held its Christmas lunch at The Auctioneer, Carlisle, which was attended by 46 members for a well-deserved catch up before the festive period.

A brewery tour was organised for November but due to other events on the run up to Christmas this was postponed until May 2015.

STUDENTS

Joanna Scott was elected as CCASS chairman during the year, along with a new committee which seem keen to move the student society forward. They have held a number of events throughout 2014 and these have been much better attended than last year’s events. Let’s hope continues to improve throughout 2015.

ANNUAL GENERAL MEETING

The Annual General Meeting was held on Wednesday 7 May 2014 at the Greenhill Hotel, Wigton.

CONCLUSIONS

Thanks must be extended to all of the committee for their hard work at organising events throughout the year, especially Charlotte who has organised the courses.

I would also like to thank the officers and members of the Northern Society for all of their support – namely Keith Proudfoot, Joanne Lucking and also Andrew Jackson for their contribution to the Cumberland Society during 2014.

–  –  –

Report of the Accountants to the Committee

ON THE UNAUDITED FINANCIAL INFORMATION OF THE NORTHERN SOCIETY OF

CHARTERED ACCOUNTANTS

In accordance with our engagement letter we have compiled the accounts of the Northern Society of Chartered Accountants which comprise the Income and Expenditure Account, the Balance Sheet, and related notes from the accounting records and information and explanations you have given to us.

The accounts have been prepared on the historic cost basis. The financial information is not intended to achieve full compliance with the provisions of UK Generally Accepted Accounting Principles.

This report is made to you in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the accounts that we have been engaged to compile, report to you that we have done so, and state those matters that we have agreed to state to you in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Committee of the Northern Society of Chartered Accountants for our work, or for this report.

We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants in England & Wales and have complied with the ethical guidance laid down by the Institute.

You have approved the accounts for the year ended 31 December 2014 and have acknowledged your responsibility for it, for the appropriateness of the accounting basis and for providing all information and explanations necessary for the compilation of the accounts.

We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information.

TTR Barnes Limited Reporting Accountants Chartered Accountants and Registered Auditors 3-5 Grange Terrace Stockton Road Sunderland SR2 7DG 22 May 2015

NORTHERN SOCIETY OF CHARTERED ACCOUNTANTS

Income and Expenditure Account FOR THE YEAR ENDED 31 DECEMBER 2014

–  –  –

Approved by the committee on 18 May 2015 and signed on their behalf by:

……………………………………. A Jackson – President ……………………………………. P Longmore – Treasurer

NORTHERN SOCIETY OF CHARTERED ACCOUNTANTS

Notes to the accounts FOR THE YEAR ENDED 31 DECEMBER 2014

1. ACCOUNTING POLICIES

–  –  –

6,918 6,061

NORTHERN SOCIETY OF CHARTERED ACCOUNTANTS

Notes to the accounts FOR THE YEAR ENDED 31 DECEMBER 2014

–  –  –

45,785 56,042



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