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2024-12-31-accounts

This year marked the start of a journey to creating a more structured approach to the running of the gallery in order remain sustainable in the face of rising costs and increased competition for funding and grants. Whilst we started to receive a modest income from both careful investment of the legacy Ken left from the sale of his house and the rental of the car park, there is still much to be done.

We therefore invested in a senior business development role for six months to put more efficient operational systems in place and raise the profile of the organisation. We also focused more effort into attracting external funding and sponsorship. This resulted in a very welcome grant from Bristol City Council’s Originators Fund to support our Collections Project, where students and young people responded to the Collection with their own artistic interpretation of the meaning of the word.

We also introduced consistent ticketing, a decision that was a difficult one after a history of mainly free entry. But we could not financially sustain this business model and felt that entry to three floors and a changing temporary exhibition merited a small charge, with some concessions. We have had an overwhelmingly positive response.

A long look at our programming strategy means we are now planning much further in advance, staging fewer exhibitions but increasing their quality. 60 degrees North, focusing on our rich Scandinavia glass and ceramic Collection and sponsored by Clevedon Salerooms, ran for some five months and was extremely popular.

In the last quarter of the year we collaborated with the Women’s Engineering Society to showcase Bristol’s All Electric House, which attracted a wide visitor profile keen to look back nostalgically at post war domestic design.

We continue to invest in our engagement with young people and students, with interns sponsored by both University of Bristol and Art Fund who bring another rich dimension to The Collection.

Of course a very sad moment in the year was the closure of The Guild in Park Street, where Ken Stradling honed his career as a pioneer in modernist design as both its buyer and, latterly, Managing Director. Nothing will replace it.

As we look forward to the future, we continue to be ever grateful to our volunteer stewards without whom none of this would still be possible. Volunteering is a labour of love and we know they all love this Collection as much as we do. Thank you.

THE KEN STRADLING COLLECTION

Registered Charity Number 1117689

TRUSTEES’ REPORT

Activities

The Ken Stradling Collection is a growing collection providing opportunities for education and inspiration to all those interested in good design and craftsmanship. It has close links with art and design students in Bristol, Bath and beyond.

Financial review

As shown in the Accounts on page 4 income amounted to £397,552 and expenditure to £68,660.

Trustees

As at 31st December 2024:

K White (Chair), D Beech, P Dunscombe, J Elsworth, G Flanagan (Hon Treasurer), F Hallworth, J Inkson, R Jones (resigned 8/24), J Lanyon.

Bankers

NatWest and CAF

Independent Examiner

Manson Accountants Ltd. 20-22 Wenlock Road London N1 7GU

1

THE KEN STRADLING COLLECTION

Registered Charity Number 1117689

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

Under the trust deed the Trustees are required to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and of the surplus or deficit of income over expenditure.

In preparing those financial statements, generally accepted practice entails that the Trustees:

The Trustees are required to act in accordance with the trust deed and the rules of the charity, within the framework of trust law. They are responsible for keeping proper accounting records. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

2

THE KEN STRADLING COLLECTION

Registered Charity Number 1117689

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE KEN STRADLING COLLECTION

I report on the accounts of the Trust for the year ended 31st December 2024 which are set out on pages 4 to 6.

Respective responsibilities of Trustees and Examiner

The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Basis of independent examiner’s statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.

Independent Examiner’s statement

In connection with our examination, no matter has come to my attention:-

1) which gives me reasonable cause to believe that, in any material respect, the requirements

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

22 September 2025

Manson Accountants Ltd. 20-22 Wenlock Road London N1 7GU

3

Registered Charity Number 1117689

THE KEN STRADLING COLLECTION

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2024

all figures to the nearest £
Incoming Resources
Legacy
Donations and subscriptions
Grants
Rent
Lectures and Tours/Events
Sales
Interest received
Tax repayment
Asset sales
Loan
Direct Charitable expenditure ( Note 1 )
Other expenditure ( Note 1 )
Asset purchases
Tax payment
Total Payments
Excess of Income over Expenditure
Reserves brought forward
Reserves carried forward
Resources Expended
Unrestricted
funds
Restricted
funds
Total funds
£
£
£
343,873
343,873
3,912
500
4,412
30,054
30,054
816
816
1,015
1,015
6,530
6,530
5,173
5,173
0
0
391,373
500
391,873
5,679
5,679
0
397,052
500
397,552
16,288
-
16,288
52,372
52,372
0
0
0
68,660
0
68,660
328,392
500
328,892
31,921
31,921
360,313
500
360,813
Last year
£
0
9,982
25,038
0
1,785
3,845
0
2,095
42,745
4,227
0
46,972
35,573
12,045
0
0
47,618
-646
32,567
31,921

These Accounts were approved by the Trustees on 18 September 2025 and were signed on their behalf by

……………………………………….. 22 September 2025

K. White

4

Registered Charity Number 1117689

THE KEN STRADLING COLLECTION

NOTES TO THE ACCOUNTS - YEAR ENDED 31ST DECEMBER 2024

1. Resources expended
all figures to the nearest £
Direct charitable–
Printing/publicity/exhibitions
Grant costs
Administration
Other-
Staff
Electricity, Rates and Water
Storage
Telephone and Communications
Other
Insurance
Accountancy and Professional Costs
Subscriptions
Equipment/Computer
Property expenses
Bank charges
Acquisitions
Unrestricted
funds
Restricted
funds
Total funds
£
£
£
3,619
3,619
12,481
12,481
188
188
16,288
-
16,288
37,608
37,608
4,026
4,026
2,557
2,557
641
641
1,159
1,159
1,622
1,622
1,632
1,632
1,047
1,047
822
822
756
756
502
502
52,372
-
52,372
0
Last year
£
3,086
0
32,487
35,573
0
3,293
0
755
294
1,701
2,810
0
421
2,771
0
12,045
2,841

2. Trustees’ emoluments

No emoluments or expenses were paid to the Trustees (2023 - nil).

3. Property

The Charity is the beneficiary of a gift of the building from which it operates together with the adjacent car park. The value of this has not been determined.

5

Registered Charity Number 1117689

THE KEN STRADLING COLLECTION

STATEMENT OF ASSETS AND LIABILITIES - YEAR ENDED 31ST DECEMBER 2024

All figures are to the nearest £
Assets
Fixed assets
Collection at valuation
Investment fund
Current assets
Loan
Prepayments
Bank - current account
Bank - deposit account
Current liabilities
Deferred Income
Accruals
Net current assets
Net assets
Represented by:
Valuation reserve
Excess of income over expenditure bfwd
current period
£
£
302,043
325,000
627,043
0
1,846
5,814
28,559
36,219
0
-406
-406
35,813
662,856
302,043
31,921
328,892
662,856
Last year
£
302,043
0
302,043
10,000
290
25,652
20,000
55942
-21107
-2914
-24,021
31,921
333,964
302,043
32,567
-646
333,964

Property

See the notes to the accounts

Investments

The Charity has invested the legacy left to them by the Estate of Mr K Stradling in order to provide an income from the interest earned

Liabilities

The Charity has no material liabilities.

6

THE KEN STRADLING COLLECTION

Registered Charity Number 1117689

TRUSTEES’ REPORT

Activities

The Ken Stradling Collection is a growing collection providing opportunities for education and inspiration to all those interested in good design and craftsmanship. It has close links with art and design students in Bristol, Bath and beyond.

Financial review

As shown in the Accounts on page 4 income amounted to £397,552 and expenditure to £68,660.

Trustees

As at 31st December 2024:

K White (Chair), D Beech, P Dunscombe, J Elsworth, G Flanagan (Hon Treasurer), F Hallworth, J Inkson, R Jones (resigned 8/24), J Lanyon.

Bankers

NatWest and CAF

Independent Examiner

Manson Accountants Ltd. 20-22 Wenlock Road London N1 7GU

1

THE KEN STRADLING COLLECTION

Registered Charity Number 1117689

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

Under the trust deed the Trustees are required to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and of the surplus or deficit of income over expenditure.

In preparing those financial statements, generally accepted practice entails that the Trustees:

The Trustees are required to act in accordance with the trust deed and the rules of the charity, within the framework of trust law. They are responsible for keeping proper accounting records. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

2

THE KEN STRADLING COLLECTION

Registered Charity Number 1117689

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE KEN STRADLING COLLECTION

I report on the accounts of the Trust for the year ended 31st December 2024 which are set out on pages 4 to 6.

Respective responsibilities of Trustees and Examiner

The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Basis of independent examiner’s statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.

Independent Examiner’s statement

In connection with our examination, no matter has come to my attention:-

1) which gives me reasonable cause to believe that, in any material respect, the requirements

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

22 September 2025

Manson Accountants Ltd. 20-22 Wenlock Road London N1 7GU

3

Registered Charity Number 1117689

THE KEN STRADLING COLLECTION

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2024

all figures to the nearest £
Incoming Resources
Legacy
Donations and subscriptions
Grants
Rent
Lectures and Tours/Events
Sales
Interest received
Tax repayment
Asset sales
Loan
Direct Charitable expenditure ( Note 1 )
Other expenditure ( Note 1 )
Asset purchases
Tax payment
Total Payments
Excess of Income over Expenditure
Reserves brought forward
Reserves carried forward
Resources Expended
Unrestricted
funds
Restricted
funds
Total funds
£
£
£
343,873
343,873
3,912
500
4,412
30,054
30,054
816
816
1,015
1,015
6,530
6,530
5,173
5,173
0
0
391,373
500
391,873
5,679
5,679
0
397,052
500
397,552
16,288
-
16,288
52,372
52,372
0
0
0
68,660
0
68,660
328,392
500
328,892
31,921
31,921
360,313
500
360,813
Last year
£
0
9,982
25,038
0
1,785
3,845
0
2,095
42,745
4,227
0
46,972
35,573
12,045
0
0
47,618
-646
32,567
31,921

These Accounts were approved by the Trustees on 18 September 2025 and were signed on their behalf by

……………………………………….. 22 September 2025

K. White

4

Registered Charity Number 1117689

THE KEN STRADLING COLLECTION

NOTES TO THE ACCOUNTS - YEAR ENDED 31ST DECEMBER 2024

1. Resources expended
all figures to the nearest £
Direct charitable–
Printing/publicity/exhibitions
Grant costs
Administration
Other-
Staff
Electricity, Rates and Water
Storage
Telephone and Communications
Other
Insurance
Accountancy and Professional Costs
Subscriptions
Equipment/Computer
Property expenses
Bank charges
Acquisitions
Unrestricted
funds
Restricted
funds
Total funds
£
£
£
3,619
3,619
12,481
12,481
188
188
16,288
-
16,288
37,608
37,608
4,026
4,026
2,557
2,557
641
641
1,159
1,159
1,622
1,622
1,632
1,632
1,047
1,047
822
822
756
756
502
502
52,372
-
52,372
0
Last year
£
3,086
0
32,487
35,573
0
3,293
0
755
294
1,701
2,810
0
421
2,771
0
12,045
2,841

2. Trustees’ emoluments

No emoluments or expenses were paid to the Trustees (2023 - nil).

3. Property

The Charity is the beneficiary of a gift of the building from which it operates together with the adjacent car park. The value of this has not been determined.

5

Registered Charity Number 1117689

THE KEN STRADLING COLLECTION

STATEMENT OF ASSETS AND LIABILITIES - YEAR ENDED 31ST DECEMBER 2024

All figures are to the nearest £
Assets
Fixed assets
Collection at valuation
Investment fund
Current assets
Loan
Prepayments
Bank - current account
Bank - deposit account
Current liabilities
Deferred Income
Accruals
Net current assets
Net assets
Represented by:
Valuation reserve
Excess of income over expenditure bfwd
current period
£
£
302,043
325,000
627,043
0
1,846
5,814
28,559
36,219
0
-406
-406
35,813
662,856
302,043
31,921
328,892
662,856
Last year
£
302,043
0
302,043
10,000
290
25,652
20,000
55942
-21107
-2914
-24,021
31,921
333,964
302,043
32,567
-646
333,964

Property

See the notes to the accounts

Investments

The Charity has invested the legacy left to them by the Estate of Mr K Stradling in order to provide an income from the interest earned

Liabilities

The Charity has no material liabilities.

6