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COPY
The
Bilderberg
Association
Annual
Report
and
Accounts
31
March
2008
Charity
Registration
Number
272706
Contents
Reports
Reference
and
administrative
information
1
The
Committee
Members'
report
2
Independent
auditors'
report
5
Accounts
Statement
of
financial
activities
7
Balance
sheet
8
Principal
accounting
policies
9
Notes
to
the
accounts
10
The
following
page
does
not
form
part
of
the
statutory
accounts:
Detailed
income
and expenditure
11
The
Bilderberg
Association
Reference
and
administrative
information
The
Committee
Members
Kenneth
Clarke
QC,
MP
Martin
Taylor
Address
Simon
Robertson
Associates
LLP
2
St
James
Place
London
SW1A
1NP
Charity
registration
number
272706
Auditors
Buzzacott
LLP
12
New
Fetter
Lane
London
EC4A
1AG
Bankers
Barclays
Bank
PLC
54
Lombard
Street
London
EC3P
3AH
The
Bilderberg
Association
1
The
Committee
Members'
Report
31
March
2008
TheCommittee
Members,
who
are
trustees
for
the
purposes
of
charity
law,
present
the
statutory
report
with
the
accounts
of
The
Bilderberg
Association
("the
Association")
for
the
year
ended
31
March
2008.
The accounts
have
been
prepared
in
accordance
with
the
accounting
policies
set
out
on
page
9
of
the
attached
accounts
and
comply with
the
charity's
constitution,
applicable
laws
and
the
principles
of
the
Statement
of
Recommended
Practice
on
"Accounting
and
Reporting
by
Charities"
issued
in March
2005.
GOVERNANCE,
STRUCTURE
AND
MANAGEMENT
Governance
The Bilderberg
Association
is
governed
by
its
constitution
which
was
adopted
on
20
December
1976.
Structure
and
management
The
Association
is
managed
by
a
committee
of
not
more
than
three
but
no
less
than
two
people.
Any
new
member
is
appointed
by
the
remaining
members
subject to
confirmation
from
the
International
Steering
Committeeof
Bilderberg
meetings.
ACTIVITIES,
SPECIFIC
OBJECTIVES
AND
RELEVANT
POLICIES
Specific
objectives
The
objectives
of
the
Association
are
to
promote
the
study
of,
and public
education
in
international
affairs,
economics
and
the
social
sciences
with
reference in particular
to
political,
economic
and
social
problems
affecting
the
democratic
countries
of
North
America
and
Western
Europe
and
the
effects
of
industrialisation
upon
the
social
structures
and
environments
of
such
countries.
Activities
In
furtherance
of
these
objectives
the
International
Steering Committee
organises
conferences
and
meetings
in
the
UK
and
elsewhere
and
disseminates
the
results
thereof
by
preparing
and
publishing
reports
of
such
conferences
and
meetings
and
by
other
means.
A
small
secretariat
(Bilderberg
Meetings)
based
in
the
Netherlands
carries
out
the
administration
for
the
International Steering
Committee
and
the
publication
of
the
meetings'
reports
and
the
Association
makes
annual
contributions
towards
this.
The
Association
is
not
required
to
make
a
contribution
towards
the
cost
of
the
secretariat
in
the
year in
which
the
conference
is
held
in
the
UK.
The
hospitality
costs
of
the
annual
meetings
are
the
responsibility
of
the
Steering
Committee
member
of
the
host
country.
The
Association
provides
funds
for
the
conferences
when
they
are
held
in
the
UK.
Funds
are
also
provided
for
the
travel
costs
of
some
UK
participantsto
attend
the
meetings.
The
Bilderberg
Association
2
The
Committee
Members'
Report
31
March
2008
ACHIEVEMENTS
AND
PERFORMANCE
Financial
review
The
Association
received
donations
of
/,50,000
each
from Goldman
Sachs
and
BP,
and
contributed €23,000 (approximately
(15,829)
towards
Bilderberg
meetings.
Reserves
policy
and
future
plans
The
reserves
of
the
Association
at
31
March
2008
amounted
to
£265,886
(2007
-
f,226,374).
The
charity
aims
to
continue
to
increase reserves
in
order
to
meet
the
considerable
costs
of
the Annual
Conference
when
it
is
next
held
in
the
UK.
The
Commi
tt
ee
Members
The
Committee Members
constitute
trustees
of
the
Association
for
the
purposes
of
charity
legislation.
The
Committee
Members
in
office
during
the
year
were
as
follows:
The
Committee
Members
Kenneth Clarke
MP
Martin
Taylor
No
member
received
any
remuneration
for
services
as
a
member
of
the
Committee
(2007
-£nil).
No
member
had
any
beneficial interest
in
any
contract
with
the
Association
during
the
year.
The
Commi
tt
ee
Members'
responsibilities
statement
Charity
law
requires
the
Committee
Members
to
prepare accounts
for
each
financial
year
which
give
a
true
and
fair
view
of
the
state
of
the
Association
at
the year
end
and
of
its
incoming
resources
and
resources
expended
during
that
year.
In
preparing
accounts
giving
a
true
and
fair
view,
the
Committee
Members
are
required
to:
select
suitable
accounting
policies
and then
apply
them
consistently;
make
judgements
and
estimates that
are
reasonable
and
prudent;
state
whether
applicable
accounting
standards
and
statements
of
recommended
practice
have
been
followed,
subject to
any
departures
disclosed
and
explained
in
the
accounts;
and
prepare
the
accounts
on
the
going
concern
basis
unless
it
is
inappropriate
to presume
that
the
Association
wi
ll
continue
in
operation.
The
Committee
Members
are
responsible
for
maintaining
proper accounting
records
which
disclose
with
reasonable
accuracy
at
any
time
the
financial position
of
the
Association
and
which
enable
them
to
ensure
that
the
accounts
comply
with
the
Charities
Act
1993.
They
are
also
responsible
for
safeguarding
the
assets
of
the
Association
and
hence
for
taking
reasonable
steps
to
prevent
and
detect
fraud
and
other
irregularities.
The
Bilderberg
Association
3