**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.
Page 2 of 5
**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:
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures and explained in the financial statements;
- 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
Page 3 of 5
**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**|
|---|---|---|---|
||
|||
|||||
Page 4 of 5
**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**|
||||**95,870**|
Approved by the Council on 25[th] January 2022 and signed on its behalf
Hon Treasurer
Page 5 of 5
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