## **Trustees' Annual Report for the period** Period start date Period end date 01 01 2025 31 12 2025 **From To** ## Section A Reference and administration details **Charity name** CENTRE FOR RECENT DRAWING **Other names charity is known by Registered charity number (if any)** 1123530 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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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||David Stone|Chair||| ||CraigHassal|||| ||Robert Dickens|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** March **2026** **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** Constitution Type of governing document (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. March **2026** **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 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. **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 trustees have taken due regard of the guidance on public benefit issued by the Charity Commission when exercising their duties. March **2026** **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. March **2026** **TAR** 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** March **2026** **TAR** 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. March **2026** **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,** CHAIR **etc) Date** 31 March 2026 March **2026** **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** 01/01/2025 31/12/2025 ee ## **Section A Receipts and payments** **----- Start of picture text -----**
|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Total funds|Last year| |funds|funds|funds| |to the nearest| |to the nearest £|to the nearest £|to the nearest £|to the nearest £| |£| |A1 Receipts| |Subscriptions|20,070|-|-|20,070|25,420| |Energy Account Refund|2|-|-|2|50| |Gift-Aid|-|-|-|-|2,554| |Dovehouse Trust Donation|-|-|-|-|1,000| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |Sub total|(Gross income for| |20,072|-|-|20,072|29,024| |AR)| |A2 Asset and investment sales,| |(see table).| |-|-|-|-| |-|-|-|-|-| |Sub total|-|-|-|-|-| |Total receipts|20,072|-|-|20,072|29,024| |————_|——| |A3 Payments| |Rent|21,964|-|-|21,964|20,651| |Maintenance of premises|-|-|-|-|180| |Telephone/Internet|85|-|-|85|333| |Gas/Electricity|957|-|-|957|1,359| |Water|724|-|-|724|576| |Business rates|485|-|-|485|247| |Insurance|464|-|-|464|575| |-|-|-|-| |-|-|-|-|-| |Sub total|[ 24,679 ]|-|-|24,679|23,921| |A4 Asset and investment| |purchases, (see table)| |-|-|-|-| |-|-|-|-| |Sub total|[ - ]|-|-|-|-| |———_—|Total payments|24,679|-|-|——|24,679|—|23,921| |Net of receipts/(payments)|- 4,607|-|-|- 4,607|5,102| |A5 Transfers between funds|-|- -|-|-| |A6 Cash funds last year end|15,390|- -|15,390|10,287| |Cash funds this year end|===|10,783|-|===>|- 10,783|15,390| **----- End of picture text -----**
0121404-0000001 UKO4: 2005687907: 1 31/03/2026 1 |**Section B Statement of assets and liabilities at the end of the period**
**Categories**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**10,783**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**10,783**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
NatWest Bank
**B1 Cash funds**
**Details**
~~—~~|**Section B Statement of assets and liabilities at the end of the period**
**Categories**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**10,783**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**10,783**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
NatWest Bank
**B1 Cash funds**
**Details**
~~—~~|**Section B Statement of assets and liabilities at the end of the period**
**Categories**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**10,783**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**10,783**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
NatWest Bank
**B1 Cash funds**
**Details**
~~—~~|**Section B Statement of assets and liabilities at the end of the period**
**Categories**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**10,783**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**10,783**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
NatWest Bank
**B1 Cash funds**
**Details**
~~—~~|**Section B Statement of assets and liabilities at the end of the period**
**Categories**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**10,783**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**10,783**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
NatWest Bank
**B1 Cash funds**
**Details**
~~—~~|**Section B Statement of assets and liabilities at the end of the period**
**Categories**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**10,783**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**10,783**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
NatWest Bank
**B1 Cash funds**
**Details**
~~—~~|**Section B Statement of assets and liabilities at the end of the period**
**Categories**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**10,783**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**10,783**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
NatWest Bank
**B1 Cash funds**
**Details**
~~—~~| |---|---|---|---|---|---|---| |**B2 Other monetary assets**|||**-**|**-**||**-**| ||||**-**|**-**||**-**| ||||**-**|**-**||**-**| ||||**-**|**-**||**-**| ||||**-**|**-**||**-**| ||||**-**|**-**||**-**| |||**Details**|**Fund to which**
**asset belongs**|**Cost (optional)**||**Current value**
**(optional)**| |**B3 Investment assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Current value**
**(optional)**
**Details**
—===|||||| |**B4 Assets retained for the**
**charity’s own use**||||**-**
**-**||**-**
**-**| |||||**-**||**-**| |||||**-**||**-**| |||||**-**||**-**| |||||**-**||**-**| |||||**-**||**-**| |||||**-**||**-**| |||||**-**||**-**| |||**Details**|**Fund to which**
**liability relates**|**Amount due**
**(optional)**||**When due**
**(optional)**| |Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
0121404-0000001 UKO4: 2005687907: 1|**-**
**-**
**-**
**-**
**-**
Date of
approval
31/03/2026
Print Name
DAVID STONE
Signature
2
31/03/2026
===||||||