The Photographic Angle Annual Report For Year Ended 30 November 2024 Company Registration Number 07063537 Charity Number 1135750 IEngland and Wales)
The Photographic Angle Financial Statements Year Ended 30 November 2024 Contents Page Members ofthe Board and Professional Advisers Trustees, Annual Report Independenl Examiner's Report to the Trustees Statement of Financial Activities (Incorporating the income and expenditLJr8 8ccount) Balance Sheet 10 Statement of Cash Flov Notes to the Financial Statements 12 The following page doe5 not fomi part of the financial statements Detailed Statement of Financial Activities 16
The Photographic Angle Members of the Board and Professional Advisers Registered Charity Name The Photographic Angle Charity Number 1135750 {England and Wales) Company Registration Number 07063537 Registered Office 5 and 6 Fairfax Place Dartmouth Devon TQ6 9AD TTUSteeslDirectors MrAMay Mr S Taylor Mrs B M Johnston Mr A M Knowles Chief Executive and Company Secretary Ms C John Independent Examiner Martin Hobbs Bsc ACA Francis Clark LLP Chartered Accountarrts Sigffia House Oak View Close Edginswell Park Torquay TQ2 7FF Bankers National Westminster Bank PLC 91 Fore Street Kingsbridge Devon
The Photographic Angle Trustees, Annual Report Year Ended 30 November 2024 The trustees, who are also directors for the purposes of company law. present their report and the financial statements of the charity for the year ended 30 November 2024. Reference and Administrative Details Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial statements. The TrusteeslDirectors The trusteesldirectors who served at the charity during the period were as follows: Mr Anthony May Mr Steven Taylor Mrs Bernice Johnston Mr Anthony Knowles The trustees and the chief executive comprise the key managemeni personnel of the charity. Legal Adviser: Paul Russell LLB, FIRRV Structure, Governance and Management Constilution. The charity {Number 1135750) is a company limited by guarantee (Number 07063537) incorporated on 2 November 2009 governed by its Articles of Association. It 15 led by a Board of Trustees, whose details are shown above. Method of appointment or election of trustees. The management of the charity is the iesponsibility ofthe trustees who are elected and co-opted under the terms ofthe Articles ofAssociation. Newtrustees are appointed to the Board ofTrustees by invitation from a majority of the members of the extsting Board. The appointment is followed by an induction process. Oryanisational structure and decision-making. The Board of Trustees is responsible for agreeing the strategic direction of Ihe organisation, ratifying policy and erFSUting compliance with intemal govemance and extemal regulations and legislation. The Board of Trustees meets every 2 months and mol'e often whenever needed. Day-to-day management of the charily is delegated to rts staff. Succession. The Board has a policy of considering succession, as tl is aware of its obligation and need to recruit new trustees, and to seek diversity in the skills which new members can bring to the Board. Staff. The permanent staff of the charty bring with them a wealth of practical experience from their former positions in event management, logistics and creativty.
The Photographic Angle Trustees, Annual Report Year Ended 30 November 2024 Objectives and Activities The objectives ofthe charity are- rhe advancement of education for the public benefit. in particular in the art and science of photography and its theory and practlse, by. promoting, sustaining and increasing individual and collective knowledge and und&tandIng of the specific areas of study.. skills and expertsse in the practise of the art of photography (b) eduGatsng students of art and photography The promotion of the arts for the public benefit by.. (a) promoting the art of photography and disseminating information about the art of photography to the public utilising the media. the internet (b) 6ncouraging the apprèciation of a high standard of art from academics and associates of tha art of photography (c) providing or assisting the provision of exhibitions of photography freely accessible to the public It achieves these by.. Providing or assisting the provision of exhibithons of photography freely accessible to all members of the public. In connection with each theme upon which exhibitions are based, arranging organized tours ofthe same 8nd the provision of a catalogue relevant to each exhibition. Encouraging participation in theme-based photography through competitions organized on a bi-monthly basis by the charity. Entry to each competition is free to all. Participation is fvrther encouraged by Ihe provision of a small prize. The ¢ompetttion attracts visitors to the charity's website and encourages involvement with the charity's exhibitions. Promoting, sustaining and increasing individual and collective knoedge and understanding of the specific areas ofstudy, skills and expertise in the practice ofthe art of photography by educating students of art and photography through the attendance of the charty's exhibitions. The promotion of the arts for the public benefit by promoting the art of photography and disseminating information to the public, utilising the media and the internet. and encouraging the appreciation of a high standard of art from academics and associates of the art of photogfaphy. Engaging with educational establishments in the furtherance of the study of photography. Engaging with relevant special interest groups such as local camera and photography clubs, to further engender interest and partFCiPation in photography for the public benefit. by encouraging attendance of the charity's photographic exhibilions.
The Photographic Angle Trustees, Annual Report Year Ended 30 November 2024 Serving the public and making the advanGement of education in the art and science of photography available to everyone regardless oftheir age, sex, ability or level of experience. Encouraging the public to engage in the medium of photography which traverses linguistic and cultural barriers, and which can be experienced and enjoyed by the public at all levels, from a beginner with simple equipment. to the consummate professional. Assisting in the provision of education and doing so, for example. by placing instructional and inspirational material at the charity's exhibttions. as well as videos and tutorials on the charity's website for public benefit. Promulgating communication belween photographers by providing a platform for the exchange ofviews, ideas and experiences on the chaflty's website blog. Providing high quality photographic exhibitions in an environment where the content of the exhibitions can be enjoyed by the widest possible range of people with diversity as a core principle. To educate members of the public by increasing their knowledge and understanding of photography, and in doin9 SO, to promote the highest standards of achievement in photography in order to encourage public appreciation in photography. To continue to raise the local, national and international profile of photography by organizing exhibitions and encouraging participation in those exhibitions through the charity's competition process. To grow our digital audience by inGreasing website usage, enlarging our mailing list and social media following, and to further encourage the public to visit the charity's exhibib'ons. Encouraging organized visits to the charity's exhibitions by sGhool children of all ages and providing those visitors with an Education Pack where required. These Education Packs have been designed by the charity's Educats'on Officer to improve the leaming opportunity that attendance at the exhibition delivers to student5. Through our exhibitions to transform the way adults. young people and children learn about the visual art of photography and through the visual art of photography. To present a consistently excellent and dtveTse programme of exhibittons and displays of photographic work, and to contribute to the Gulttjral heritage of the futyre, through the stewardship of our archive. Achievements and Perfomiance The charity's activities have continued to grow. and visitor number5 are gradually increasing at its exhibitions, and we anticipate conth'nued gro in the future. The chartty ha5 added some new exhibition properties to its existing portfolio during this financial year and is confident that new properties wll be added to the portfolio in the coming months. During the financial year there was an educational visit by a group of students to the Swansea exhibition. The Photographic Angle has also recently adapted its WTitten exhibitr'on materials for the Swanse8 exhibits'on to make them available in both the English and Welsh languages. The charity also provides 'Snapshot Forms at its exhibitions for visitors to provide feedback and comments on their visit. Each form is reviewed by staff and. wheie feasible, all suggestions are implemented.
The Photographic Angle Trustees, Annual Report Year Ended 30 November 2024 Some of the fantastic feedback the charity has received include$- 'It's good I fook photos on my phone (inspirational) I'm going to show my parents What a great experi8ncel' From an autistic adult visitor to the Creatsvity exhibitson, Bray House, Maidenhead 'rhought provoking inspiration ft)r an anpateur photographer Visitor to the Patterns exhibition. Green Park, Reading 'InÈeresting, real photography. r&fle¢ting life in other cultUS Moving and emotive - and motivating. Visitor to the Capturing Culture exhibition. Fforestfach, Swansea 'We loved seeing the different ¢ulfures and celebrations It inspired both of us to start photography ' Visitor to the Capturing Culture exhibition, Fforestfach, Swansea 'rruly Impressive venue and exhibition Very helpful staff pmviding a wealth of interesting information. Visitor to the Viewpoint exhibition. Abbey Garden5. Reading The charity also runs a regular photography competition with a modest prize which enables it to connect to wider audience within the photographic community. The Photographic Angle has been able to continue tts links with The Royal Photographic Society regarding photographic Projects which educate and promote awareness of the environment. This remains an important area. This initiative continues to generate a considerable level of publicity for the charity. Journals: Through its link with The Royal Photographic SoGiety, the charity secures exposure about itself and its activities within The Royal PhotographiG Society Journal, bvhich has a circulation in excess of 10.000 members. The charity continues to award its small environmental bursaries in associalbon with The Royal Photographic Society. The 2025 bursary has once again seen an increase in the nLimber of entrants to prior years. These bursaries also can lead to extra publicity as Ihe winners of the bursaries often secure articles in leading publications. Public Benefit The Board confirms that it continues to refer lo the guidance contained in the Charity Commission's general guidance on public benefit, when reviewing the charity's aims and objectives in planning future activities, and stricuy adheres to it. Public benefit is defined within the charity's aims, namety the advancement of educalion for the public benefit, in particular, in the art and science of photography and its theory and practice. The charity achieves this by making the photographic and educalional material available to the public at large with no restriction whatsoever and completely free of Charge.
The Photographic Angle Trustees, Annual Report Year Ended 30 November 2024 Financial Review As at 30 NovembeT 2024 our balance sheet Sho a total credit in funds of £177,940, after recording a deficit for the year of £95.511. The charity has had a challenging financial year during a difficult economic climate and Ihat is iellected in the deficit. The charity has endeavoured to make Gost Savings where possible to minimise the losses and help protect the charity s reserves for the future. The charity will continue to review its expendilure on an ongoing basis. The charity is encouraged by recent new property referrals which are likely to complete in the coming weeks which wll bring in new revenue and assist in fvrther protecting the charity's reserves. Plans for Future Periods At the time of filing the charity's annual accounts for the year to 30th November 2024, the charity is operating its full schedule of exhibition a¢tivities. The charity intends to further increase and develop educational content on its website and to use this platform to continue lo promote its forthcoming exhibitions and attract further visitors to its exhibitions. The charity will continue to focus on digital media and networkn'ng websites to publicise its exhibitions to attract more visitors. The charity continues to monitor its financial performance and has made some cost savings in several areas. The chartty continues to develop its working practices. by improving and regularly reviewing its policy documentation. The chartty's trustees recognise the important of protecting all those who come in to contact with the charity.
The Photographic Angle Trustees, Annual Report Year Ended 30 November 2024 Trustees, Responsibilities Statement The trustees (who are also the directors of The Photographic Angle for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations. Company law require5 the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kin9dom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial ststements unless they are satisfied that they give a true and fair view of the state of affairs ofthe charity and the income and expenditure of the charty for that period. In pieparing these financial statements, the trustees are required to- select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities Statement of Recommended Practice (SORP); make judgements and accounting estimates that are reasonable and prudent,. and prepare the financial statements on the going eoncem basls unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy al any time the financial position of the charty and enable thern to ensure that the financial statements comply wth the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. Small Company Provisions This report has been prepared in accordance WFih the special provisions for small companies under Part 15 of the Companies Act 2006. Signed on behalf of the directorsltrustees Anthony May DirectorlTrusteÈ
The Photographic Angle Independent Examinerfs Report to the Trustees of The Photographic Angle Year Ended 30 November 2024 I report to the trustees on my examinatson of the accounts of the charitable company for the year ended 30 November 2024. Responsibilities and basis of report As the charitable company's trustees (and also its directors forthe purposes ofcompany lawl you are responsible for Ihe preparation of the accounts in aGGordance with the requirements of the Companies Act 20Q6 (Ihe 2006 Actl. Having salisfied myselfthat the accounts ofthe charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for the independent exarnination. I report in respect of my examination of the accounts as carried out under section 145 of Ihe Charitses Act 2011 I'the 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Comtnission under section 145{5) Ib) of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe= accounting records were not kept in respect of the charitable company as required by section 386 ofthe 2006 Act., or 2. the accounts do not accord those records., or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any reqLiirement that the accounts give a 'true and fair view, which is not a matter considered a5 part of an independent exa mination., or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102). 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. Martin Hobbs 8Sc ACA FRANCIS CLARK LLP Sigma House Oak View Close Edgin5well Park Torquay TQ2 7FF 14 August 2025
The Photographic Angle Statement of Financial Activities (Incorporating the Income and Expenditure Account) Year Ended 30 November 2024 General General Unrestricted Unrestricted Funds Funds 2024 2023 Note Income from: Charitable activilies Donations Other income 172,800 244,888 4,596 1.150 Total income 177,396 204,433 Expenditure on: Charitable activities 272,907 258,606 Total expenditure 272,907 258.606 Net expenditure and movement in funds (95,511) (12,568) Reconciliation of Funds Funds brought forward Funds Carried For¥vard 273,451 177,940 286.019 273,451 The notes on pages 12 to 15 forni part of these financial statemènts.
The Photographic Angle Balan Sheet 30 November 2024 2024 2023 Note Fixed Assets Tangible assets 1,834 3,665 Current Assets Debtors Cash at bank and in hand 25,244 173,215 198,459 14.870 268,537 283.407 Liabilities Creditors falling due within one year 122,353) (13.621) Net Current Assets (Liabilities) 176,106 269.786 Net Assets (Liabilities) 177,940 273,451 General unrestricted funds 177,940 273,451 Total Funds 177,940 273,451 For the year in question, the charitable company was enb'lled to exempth'on from audit under section 477 of the Companies Act 2006 relating to small companies. The members have nol required the charitable company to obtain an audit of rts accounts forthe year in question in accordance with section 476 ofthe Act 2006. The trusteesldirectors acknowledge their responsibilitie5 for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance wrth the provisions applicable to small companies subject to the small companies. regime and in accordance with FRS102 SORP. These financial statements were approved by the Board and signed on its behalf on ..13 August 2025. Anthony May DirectorlTrustee Company Registration Numbe 07063537 The notes on pages 12 to 15 fomi part of these financial statements. 10
The Photographic Angle Cash Flow Statement Year Ended 30 November 2024 2024 2023 Note Cash flows from operating activities: Net cash from operating activ 5ties (95,322) (16,452) Cash flow5 from investing activities: Pur¢hase of plant and equipment Net cash from investing activities (5,492) (5,492) Changè in cash & cash equivalents in the year Cash and cash equivalents at the beginning of Ihe year Cash and cash equivalents at the end of the year {95,322) 268,537 173,215 {21 ,9441 290,481 12 268,537 The notes on pages 12 to 15 form part of these financial statements. 11
The Photographic Angle Notes to the Finanaal Statements Year Ended 30 November 2024 General infomiation The charity is a company limited by guarantee, incorporated in England and Wales. The address of its registered office is.. 5 and 6 Fairfax Place Dartmouth Devon TQ6 9AD Accounling Policies Basis of accounting and assessment of going concern The financial statements have been prepared under the historical cost convention and are in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportng Standard applicable in the UK and Republic of Ireland IFRS 102) (effective January 2019) - (Charities SORP (FRS 1021) and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS 102. Income Income is reoognised when the charity is legally entitled to the income, it is probable Ihat the income will be received and the amount can be quantified with reasonable accuracy. Expenditure Expenditure is recognised in the period to which it relates and where it is more likety than not that there is a legal or oonstructive obligats'on committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Financial instruments The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are inib.ally recognised at transaction value and subsequently measured at their settlement value. Fixed assets All fixed assets are initially f ecorded at cost. Depreciation is calculated so as to wrtte off the cost ofan asset, less its estimaled residual value, over the useful economic life of that asset as follows.. Equipment - over 3 year5 straight line. Debtor5 Trade and other debtors are recognised at the setdement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 12
The Photographic Angle Notes to the Financlal Statements Year Ended 30 November 2024 Cash at bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of thTee months or less. Liabilities and provisions Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit wll be required in setuement. and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Operating lease agreements Rentsls applicable to operating leases where substantially all ofthe benefits and risks ofownership remain with the lessor are charged against profits on a straight line basis over the period of the lease. Expenditure 2024 2023 Charitable activities: Exhibition costs Staff costs Establishment costs Other costs Govemance costs.. ar¢ountsncy fees 107,464 75,950 63,880 19,207 6,406 97,731 68,112 70,834 15,871 6,058 272,907 258,606 Included in expendilure on charitable activities is an amount of £4,666 (2023 - £3,666) paid to the Royal Photographic Society in respecl of bursaries. Net income and movement in funds This is stated after charging.. 2024 2023 Depreciation Operating lease renlaLs Independent examination fees 1.831 18,694 4,450 2,097 19,464 4,250 13
The Photographic Angle Notes to the Finanaal Statements Year Ended 30 November 2024 Staff Cost5 and Emoluments Total stsff costs were as follows: 2024 2023 Wages and salaries Social security costs Pension costs 72,905 1,397 1,648 65,855 518 1,739 75,950 68,112 Particulars of employees: The average number of employees during the year was as follov4S: 2024 2023 Number of administrative staff Nurnber of management staff None ofthese employees was full-time (2023 - none). No employee received remuneralion of more than £60.000 during the year (2023_ none)- The total remuneration of key management personnel during the year was £56,787 {2023- £44,468). None ofthe trustees have been paid any remuneration or received any other benefits from an employmenl with the Gharity and no expenses have been reimbursed to trustees. Related party transactions There were no related party transadions during the year. Tangible Fixed Assets Equipment Cost At 1 December 2023 Additions Disposals At 30 November 2024 17,240 17,240 Depreciation At 1 December 2023 Chafge for the year Eliminated on disposal At 30 November 2024 13,575 1,831 15,406 Net Book Value At 30 November 2023 1,834 3,665 At 30 November 2023 14
The Photographic Angle Notes to the Financial Statements Year Ended 30 November 2024 Debtors 2024 2023 Other debtors Prepayments 21,478 3,766 9,985 4,885 25,244 14,870 Creditors: Amounts falling due wthin one year 2024 2023 Trade creditors PAYE and social security Other credrtors Accruals and deferred income 15,191 6,179 804 643 5,995 1,244 5,918 22,353 13,621 10. Financial commitinents The total amount of financial commitments not included in the balance sheet is £9,734 {2023- £10,031) in respect of operating leases. 11. Reconciliation of net income lo nel cash flow from operating activities 2024 2023 Net (expenditure) l income for the year Depreciation charges (Increase) in debtors Increase in creditors 195,511) 1,831 (10,374) 8,732 112,568) 2.097 (8,1321 2,151 Net cash provided by operating activities (95,322) (16,452) 12. Analysis of cash and cash equivalents 2024 2023 Cash at bank and in hand 173,215 268.537 15
The Photographic Angle Detailed Statement of Finanaal Activities Year Ended 30 November 2024 2024 2023 Income Income from charitable activities Donations Bank interest received 172,800 244,888 4.596 1,150 246,038 177,396 Expenditure Exhibition costs 107,464 97,731 Staff costs.. Wages and salaries Employer's NIC Staff pension 72,905 1,397 1.648 66,373 1,739 75,950 68,112 Establishment costs: Rent Light and heat Repairs and maintenance Business rates Insurance 18,694 912 5,456 32,559 4,428 62,049 19,464 404 5,626 39.169 4,074 68,737 Other costs.. Professional - legal and consultsncy fees Office expenses - telephone Deprecialion Advertising Travel and subsistence Charitable expenditure Miscellaneous expenses Office costs Printing and stationery Internet costs 65 3,961 1,831 1,693 427 4,716 3,365 315 1,282 3,383 159 3,951 2,097 505 3,666 2,770 325 593 3,883 21,038 17,968 Governance costs- AcGountancy fees Bad debts written off 6,406 6,058 6,406 6,058 Tolal Expenditure 272.907 258.606 Net expenditure for the year 195,511) 112,5681 This page does not form part of the statutory financial ststements vthich are the subject of the independent examiner's report on page 8. 16