**To** 

## **Trustees' Annual Report for the period** 

Period start date Period end date 01 01 2021 31 12 2021 

**From** 

## Section A                        Reference and administration details 

**Charity name** 

CENTRE FOR RECENT DRAWING 

**Other names charity is known by** 

C4RD 

**Registered charity number (if any)** 1123530 

**Charity's principal address** 2-4 Highbury Station Road 

London 

**Postcode** N1 1SB 

## **Names of the charity trustees who manage the charity** 

|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year**|**Name of person (or body) entitled**<br>**to appoint trustee(if any)**|
|---|---|---|---|
|Daphne Astor|Chair|||
|CraigHassal||||
|David Stone||||
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## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** 

**Name Dates acted if not for whole year** 

October **2022** 

**TAR** 

1 



## **Names and addresses of advisers (Optional information)** 

**Type of adviser Name Address** 

## **Name of chief executive or names of senior staff members (Optional information)** 

## **Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

Type of governing document 

Constitution 

- (eg. trust deed, constitution) 

Charitable Incorporated Organisation How the charity is constituted 

- (eg. trust, association, company) 

Trustee selection methods 

Appointed by existing trustees 

- (eg. appointed by, elected by) 

## **Additional governance issues (Optional information)** 

You **may choose** to include additional information, where relevant, about: 

- policies and procedures adopted for the induction and training of trustees; 

- the charity’s organisational structure and any wider network with which the charity works; 

- relationship with any related parties; 

- trustees’ consideration of major risks and the system and procedures to manage them. 

October **2022** 

**TAR** 

2 



## **Section C                    Objectives and activities** 

The objects of the CIO are: 

**Summary of the objects of the charity set out in its governing document** 

To promote art with particular reference to drawing; and 

To advance education with particular reference to drawing and by the establishment of a museum or gallery. 

The purpose of the Centre for Recent Drawings ( **C4RD** ) is to make space for drawing. C4RD is a non-commercial curatorial space in London, for the exhibition of recent drawing and providing access and discussion for current drawing practice, and to foster the audience for drawing within the general public. 

By maintaining the visibility of a characteristically humanist approach that is drawing – in the encouragement and refinement of the understanding of drawing, the arts and society at large can benefit. 

**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** 

C4RD seeks to facilitate access, research and dialogue for current drawing practice independent of structural forces in commercial and institutional settings. 

C4RD remains grateful to the many volunteers who assist in running the organisation. 

Pursuant to Section 17(5) of the Charities Act and the Charities (Accounts and Reports) Regulations 2008 the Charity Trustee has taken due regard of the guidance on public benefit issued by the Charity Commission when exercising its duties. 

October **2022** 

**TAR** 

3 



## **Additional details of objectives and activities (Optional information)** 

You **may choose** to include further statements, where relevant, about: 

- policy on grantmaking; 

- policy programme related investment; 

- contribution made by volunteers. 

October **2022** 

**TAR** 

4 



## Section D                      Achievements and performance 

## **Summary of the main achievements of the charity during the year** 

During the global health crisis, C4RD has been currently exhibiting online only, which for us is an extension of the Online Residencies we have hosted since 2004. 

The pandemic has also exacerbated structural inequalities in many societies across the world and given critical energy to the Black Lives Matter Movement. A key signature of this movement are the handdrawn protest signs held by protesters on marches held to achieve visibility and change. 

The hand-drawn (as opposed to printed) nature of these signs – often ad-hoc rather than overly designed – underline the lives lived that are effected in, or supportive of, the Black Lives Matter movement; what is communicated on these signs is not just the explicit message of protest, but the grass roots, personal response that drawing can provide. 

We are asking our audience to supply examples of signs that they have witnessed at or made for these marches, which we can then supply as part of the ‘Signs of Protest’ exhibition. 

October **2022** 

**TAR** 

5 



## **Section E                    Financial review** 

N/A 

**Brief statement of the charity’s policy on reserves** 

**Details of any funds materially in deficit** 

N/A 

## **Further financial review details (Optional information)** 

You **may choose** to include additional information, where relevant about: 

- the charity’s principal sources of funds (including any fundraising); 

- how expenditure has supported the key objectives of the charity; 

- investment policy and objectives including any ethical investment policy adopted. 

October **2022** 

**TAR** 

6 



**Section F                     Other optional information** 

## **Section G                    Declaration** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

**Signature(s) Full name(s)** DAVID STONE **Position (eg Secretary, Chair,** DIRECTOR **etc) Date** 22 September 2022 

October **2022** 

**TAR** 

7 




**Charity Name No (if any) CENTRE FOR RECENT DRAWING 1123530 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01/01/2021 31/12/2021 

## **Section A Receipts and payments** 

|**A1 Receipts**|**Unrestricted**<br>**funds**<br>**to the nearest      £**<br>**17,251**<br>**18**<br>**-**<br>**-**<br>**1,000**<br>**-**<br>**-**<br>**-**<br>**18,269**<br>**-**<br>**-**<br>**-**|**Unrestricted**<br>**funds**<br>**to the nearest      £**<br>**17,251**<br>**18**<br>**-**<br>**-**<br>**1,000**<br>**-**<br>**-**<br>**-**<br>**18,269**<br>**-**<br>**-**<br>**-**|**Restricted**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Restricted**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Total funds**<br>**to the nearest £**<br>**17,251**<br>**18**<br>**-**<br>**-**<br>**1,000**<br>**-**<br>**-**<br>**-**<br>**18,269**<br>**-**<br>**-**<br>**-**<br>**18,269**<br>**18,675**<br>**1,800**<br>**525**<br>**291**<br>**100**<br>**274**<br>**111**<br>**208**<br>**-**<br>**21,984**<br>**-**<br>**-**<br>**-**<br>**21,984**|**Total funds**<br>**to the nearest £**<br>**17,251**<br>**18**<br>**-**<br>**-**<br>**1,000**<br>**-**<br>**-**<br>**-**<br>**18,269**<br>**-**<br>**-**<br>**-**<br>**18,269**<br>**18,675**<br>**1,800**<br>**525**<br>**291**<br>**100**<br>**274**<br>**111**<br>**208**<br>**-**<br>**21,984**<br>**-**<br>**-**<br>**-**<br>**21,984**|**Last year**<br>**to the nearest £**|
|---|---|---|---|---|---|---|---|---|---|
|Subscriptions|**17,251**||||||||**16,099**|
|Amazon Smile Campaign|**18**||||||||**18**|
|Islington Borough COVID-19 Grant|**-**||||||||**10,000**|
|A&O Foundation Grant|**-**||||||||**2,500**|
|Dovehouse Trust Donation|**1,000**||||||||**1,000**|
|Islington Borough Business Rates COVID-<br>19 Refund|**-**||||||||**237**|
||**-**||||||||**-**|
||**-**||||||||**-**|
|**_Sub total_**_(Gross income for_<br>_AR)_|**18,269**||||||||**29,854**|
|||||||||||
|**A2 Asset and investment sales,**<br>**(see table).**||||||||||
||**-**|||||||||
||**-**||||||||**-**|
|**_Sub total_**|**-**||||||||**-**|
|**_Total receipts_**<br>**A3 Payments**||||||||||
||**18,269**||**-**||**-**||**18,269**||**29,854**|
||**18,675**<br>**1,800**<br>**525**<br>**291**<br>**100**<br>**274**<br>**111**<br>**208**<br>**-**<br> **21,984**<br>**-**<br>**-**<br> **-**<br>**21,984**<br>**-                  3,715**<br>**-**<br>**11,848**<br>**8,133**||**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**||**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|||||
|Rent|**18,675**||||||||**17,699**|
|Maintenance ofpremises|**1,800**||||||||**108**|
|Telephone/Internet|**525**||||||||**495**|
|Gas/Electricity|**291**||||||||**324**|
|Water|**100**||||||||**371**|
|Business rates|**274**||||||||**441**|
|Bank account charges|**111**||||||||**120**|
|Insurance|**208**||||||||**-**|
||**-**||||||||**-**|
|**_Sub total_ **|**21,984**||||||||**19,556**|
|||||||||||
|**A4 Asset and investment**<br>**purchases, (see table)**||||||||||
||**-**|||||||||
||**-**|||||||||
|**_Sub total_ **|**-**||||||||**-**|
|**_Total payments_**<br>**_Net of receipts/(payments)_**<br>**A5 Transfers between funds**<br>**A6 Cash funds last year end**<br>**_Cash funds this year end_**||||||||||
||||||||||**19,556**|
|||||||||||
||**-                  3,715**||**-**||**-**||**-                  3,715**||**10,298**|
||**-**||**-**||**-**||**-**||**-**|
||**11,848**||**-**||**-**||**11,848**||**1,550**|
||**8,133**||**-**||**-**||**8,133**||**11,848**|



0121404-0000001 UKO4: 2004369589: 1 

13/10/2023 

1 



## **Section B Statement of assets and liabilities at the end of the period** 

|**Categories**<br>**B1 Cash funds**<br>**B2 Other monetary assets**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>**B5 Liabilities**<br>**B3 Investment assets**|**Details**<br>**Details**<br>Clydesdale Bank<br>NatWest Bank<br>**Details**<br>**Details**<br>**_Total cash funds_**<br>(agree balances with receipts and payments<br>account(s))<br>**Details**|**Unrestricted**<br>**funds**<br>**to nearest £**<br>**4,641**<br>**3,492**<br>**-**|**Unrestricted**<br>**funds**<br>**to nearest £**<br>**4,641**<br>**3,492**<br>**-**|**Restricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment**<br>**funds**<br>**to nearest £**|
|---|---|---|---|---|---|
|||**4,641**||**-**|**-**|
|||**3,492**||**-**|**-**|
|||**-**||**-**|**-**|
|||**8,133**||**-**|**-**|
|||OK<br>**Unrestricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Fund to which**<br>**asset belongs**<br>**Fund to which**<br>**liability relates**||OK|OK|
|||||**Restricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Amount due**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment**<br>**funds**<br>**to nearest £**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**Current value**<br>**(optional)**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**Current value**<br>**(optional)**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**When due**<br>**(optional)**|
|||||**-**||
|||||**-**||
|||||**-**||
|||||**-**||
|||||**-**||



Signed by one or two trustees on behalf of all the trustees 

Signature 

|Print Name<br>DAVID STONE|Date of<br>approval|
|---|---|
|DAVID STONE|13/10/2023|
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0121404-0000001 UKO4: 2004369589: 1 

13/10/2023 

2 

