THE SOCIETY OF JEWELLERY HISTORIANS
Registered Charity Number: 1151393 Company Limited by Guarantee: 7032947
THE SOCIETY OF JEWELLERY HISTORIANS (incorporated)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
Address: Scientific Research The British Museum London WC1B 3DG
Contents of the Financial Statements For the Year Ended 30 September 2021
Trustees Annual Report 2 Council Members’ Responsibilities 3 Income & Expenditure Account 4 Balance Sheet 5
Page 1 of 5
THE SOCIETY OF JEWELLERY HISTORIANS
Trustees Annual Report
The Society continued with its programme of on-line lectures during the extended period of restrictions on physical lecture meetings due to the coronavirus. The popularity of the on-line offer has encouraged the Society to continue with this format and the first live lecture in September 2021 was also transmitted on-line. It is the intention of the Council to continue with a parallel offer of live and on-line lectures for the future. At least one lecture a year will be wholly online enabling the Society to invite speakers who would not be able to come to London to deliver their talks. The publication of papers for Jewellery Studies has increased through the year and these are now freely available for open access on the website.
During the year the Society was approached by the Bead Study Trust whose trustees wished to wind up the existing charity and transfer their reserves to an appropriate charity with compatible aims. This process is almost complete and has increased the Society’s reserves.
The Society’s finances have been able to absorb the increased expenditure and remain healthy. It is the opinion of the Trustees that the Society has more than sufficient reserves to remain a going concern for the foreseeable future and certainly for well in excess of the next twelve months.
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THE SOCIETY OF JEWELLERY HISTORIANS
Statement of Council Members’ Responsibilities
The Council members are required under the Charities Act 1993 to prepare financial statements for each financial year which give a true and fair view of the Society’s financial activities during the year and of its financial position at the end of that year. In preparing financial statements, the Council should:
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures and explained in the financial statements;
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prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Society will continue in operation.
The Council members are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the society and which enable them to ascertain the financial position of the society and which enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Council on 25[th] January 2022 and signed on its behalf
Hon Treasurer
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THE SOCIETY OF JEWELLERY HISTORIANS
INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 30 SEPTEMBER 2021
| INCOME Subscriptions Gift Aid Symposia & Private Views Publications Advertising Bank Interest Donations EXPENDITURE Hire of Halls Symposia & Private Views Secretarial Fees Printing, Postage & Stationery Newsletter Publication (Jewellery History Today) Newsletter Distribution (Jewellery History Today) Bank Charges Jewellery Studies Accountancy Website/brochure redesign Lectures, Meetings & Sundry Unrealised loss on investments EXCESS/(DEFICIT) OF INCOME OVER EXPENDITURE |
2021 £ £ 25,541 1,487 0 45 1,300 7 83,986 112,366 0 0 3,673 1,182 3,066 1,714 503 877 0 325 2,020 13,360 -156 98,850 |
2020 £ £ 21,579 1,764 0 165 600 282 0 24,390 3,326 0 800 464 4,946 2,828 439 438 0 618 469 14,328 0 10,062 |
2020 £ £ 21,579 1,764 0 165 600 282 0 24,390 3,326 0 800 464 4,946 2,828 439 438 0 618 469 14,328 0 10,062 |
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THE SOCIETY OF JEWELLERY HISTORIANS
BALANCE SHEET AS AT 30 SEPTEMBER 2021
| 2021 2020 £ £ £ £ FIXED ASSETS COIF Investment Account 82,643 0 82,643 0 CURRENT ASSETS Trade Debtors - - COIF Deposit Account 101,122 79,954 HSBC Current Account 12,146 19,447 PayPal Account 683 774 113,951 100,175 CURRENT LIABILITIES Accruals 1,873 4,305 NET CURRENT ASSETS 112,078 95,870 TOTAL ASSETS (less current liabilities) 194,720 95,870 Financed by: CAPITAL ACCOUNT General funds brought forward 95,870 85,808 Surplus/ (Deficit) for the year 98,850 10,062 General funds carried forward 194,720 95,870 |
2021 2020 £ £ £ £ FIXED ASSETS COIF Investment Account 82,643 0 82,643 0 CURRENT ASSETS Trade Debtors - - COIF Deposit Account 101,122 79,954 HSBC Current Account 12,146 19,447 PayPal Account 683 774 113,951 100,175 CURRENT LIABILITIES Accruals 1,873 4,305 NET CURRENT ASSETS 112,078 95,870 TOTAL ASSETS (less current liabilities) 194,720 95,870 Financed by: CAPITAL ACCOUNT General funds brought forward 95,870 85,808 Surplus/ (Deficit) for the year 98,850 10,062 General funds carried forward 194,720 95,870 |
2021 2020 £ £ £ £ FIXED ASSETS COIF Investment Account 82,643 0 82,643 0 CURRENT ASSETS Trade Debtors - - COIF Deposit Account 101,122 79,954 HSBC Current Account 12,146 19,447 PayPal Account 683 774 113,951 100,175 CURRENT LIABILITIES Accruals 1,873 4,305 NET CURRENT ASSETS 112,078 95,870 TOTAL ASSETS (less current liabilities) 194,720 95,870 Financed by: CAPITAL ACCOUNT General funds brought forward 95,870 85,808 Surplus/ (Deficit) for the year 98,850 10,062 General funds carried forward 194,720 95,870 |
2021 2020 £ £ £ £ FIXED ASSETS COIF Investment Account 82,643 0 82,643 0 CURRENT ASSETS Trade Debtors - - COIF Deposit Account 101,122 79,954 HSBC Current Account 12,146 19,447 PayPal Account 683 774 113,951 100,175 CURRENT LIABILITIES Accruals 1,873 4,305 NET CURRENT ASSETS 112,078 95,870 TOTAL ASSETS (less current liabilities) 194,720 95,870 Financed by: CAPITAL ACCOUNT General funds brought forward 95,870 85,808 Surplus/ (Deficit) for the year 98,850 10,062 General funds carried forward 194,720 95,870 |
|---|---|---|---|
95,870 |
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| 95,870 |
Approved by the Council on 25[th] January 2022 and signed on its behalf
Hon Treasurer
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Independent examiner's report on the accounts CHARITY COMMISSION FOR ENGLAND AND WALES Section A Independent Examiner's Report Report to the trusteesl members of THE SOCIETY OF JEWELLERY HISTORIANS On accounts for the year ended 30 September 2021 Chadty no (if any) 1151393 Set out on pages 4105 I report lo the trustees on my examination of the accounts of the above charity I'the Trusl'l for the year ended 3010912021. Respective responsibilitigs of trustges and examiner The charty's trLJStÈÈs a responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 C'the Charities Act'l and that an independent examination is needed. It is my responsibility lo-. examine the a¢¢ounls under section 145 of the Charities Act, lo fr)Ilow the procedures laid down in the general Directions given by the Charity Cornmission (under section 145{5llbl ol the Charities Act, and lo state whether particular matters have come lo my attention Basls of Indep•nd•nt My examination was carried out in accordance with general Directions given by the examinerfs statsment Ch8rily Comrlli$8ion. An examination indudes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual ilgm$ or di$clo$ures in the accounts, and seeking explanats'ons from the trustees concerning any Such matter$. The procedures undertaken do not provide all the evidence that would t* required in an audit, and consequently no opinion 15 given as to whether the accounts present a 'Irue and fair, view and the report is limited lo Ihtsse matters sel out in the stslement below. Independent examiner's In connection w1th my examination. no material matters have come lo my attention statsment which gives me cause lo believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records", or the accounts did not comply wbth the applicable requirements concerning the fom and content of acuunts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fair, view which is not a matter considered as part of an independent examination. I have come a¢rtsss no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sign•d.' Dats: 25 January 2022 Namo: Philip Sadler R&l•vant quallllcationls) FCCA AICE Addr9$$: Ledgeland, Sl Margaret's Road, Sl Margaret's Bay. Kent Page 6