Trustees' Annual Report for the period
Period start date Period end date 01 01 2023 31 12 2023 From To
Section A Reference and administration details
Charity name Other names charity is known by Registered charity number (if any) 1123530
CENTRE FOR RECENT DRAWING
C4RD
Charity's principal address 2-4 Highbury Station Road
London Postcode N1 1SB
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Daphne Astor | Chair | |||
| CraigHassal | ||||
| David Stone | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
TAR
October 2024
1
| Names and addresses of advisers (Optional information) Type of adviser Name Address |
Names and addresses of advisers (Optional information) Type of adviser Name Address |
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)
Appointed by existing trustees Trustee selection methods
- (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.
TAR
October 2024
2
Section C Objectives and activities
| Summary of the objects of the charity set out in its governing document 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) |
The objects of the CIO are: 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 Drawing (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. 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. |
TAR
October 2024
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.
TAR
October 2024
4
Section D Achievements and performance
C4RD continues to build a combination of on-site residences and Summary of the main exhibitions of contemporary practice and research, which are open to achievements of the charity the public, as well as online access to community practice. during the year
TAR
October 2024
5
Section E Financial review
N/A
Brief statement of the charity’s policy on reserves Details of any funds materially N/A in deficit
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.
TAR
October 2024
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
TAR
October 2024
7
==> picture [141 x 27] intentionally omitted <==
| Charity Name | No (if any) | ||
|---|---|---|---|
| CENTRE FOR RECENT DRAWING | 1123530 | ||
| Receipts andpayments accounts | CC16a | ||
| Period start date For the period from 01/01/2023 |
Period end date To 31/12/2023 |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 20,380 1,000 13 150 10,000 - - - 31,543 - - - 31,543 22,659 750 290 698 268 307 - 228 - 25,200 - - - 25,200 6,343 - 3,944 10,287 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 20,380 1,000 13 150 10,000 - - - 31,543 - - - 31,543 22,659 750 290 698 268 307 - 228 - 25,200 - - - 25,200 6,343 |
Total funds to the nearest £ 20,380 1,000 13 150 10,000 - - - 31,543 - - - 31,543 22,659 750 290 698 268 307 - 228 - 25,200 - - - 25,200 6,343 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Subscriptions | 20,380 | 17,625 | ||||
| Dovehouse Trust Donation | 1,000 | - | ||||
| Amazon Smile Campaign | 13 | 5 | ||||
| EnergyAccount Refund | 150 | 80 | ||||
| Donation from Individuals | 10,000 | - | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
31,543 | 17,710 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 17,710 | ||||||
| Rent | 22,659 | 19,978 | ||||
| Maintenance ofpremises | 750 | - | ||||
| Telephone/Internet | 290 | 271 | ||||
| Gas/Electricity | 698 | 872 | ||||
| Water | 268 | 78 | ||||
| Business rates | 307 | 484 | ||||
| Bank account charges | - | 9 | ||||
| Insurance | 228 | 208 | ||||
| - | - | |||||
| **Sub total ** | 25,200 | 21,899 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 21,899 | ||||||
| 6,343 | - | - | 6,343 |
- 4,189 | ||
| - | - | - | - | - | ||
| 3,944 | - | - | 3,944 | 8,133 | ||
| 10,287 | - | - | 10,287 | 3,944 |
0121404-0000001 UKO4: 2005687907: 1
11/07/2024
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) NatWest Bank Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 10,287 - - - - - 10,287 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name DAVID STONE |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| DAVID STONE | |||
0121404-0000001 UKO4: 2005687907: 1
11/07/2024
2
Independent examiner’s report to the trustees of The Centre for Recent Drawing
I report to the trustees on my examination of the accounts of The Centre for Recent Drawing (the Trust ) for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act ).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
==> picture [104 x 52] intentionally omitted <==
Name: Guy Jeremiah
Relevant professional qualification or membership of professional bodies (if any):
Address:
20 Salcombe Lodge 1 Lissenden Gardens London NW5 1LZ
Date: 9 July 2024