## **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
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5
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8
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10
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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 |**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: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. 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:** ## **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