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2022-09-30-accounts

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 2022

Address: Scientific Research The British Museum London WC1B 3DG

Contents of the Financial Statements For the Year Ended 30 September 2022

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 in parallel with a popular return to live lectures at the Society of Antiquaries as regulations allowed post Covid. The increase in membership numbers due in part to the online lectures reaching a wider worldwide audience and the success of the postponed symposium meant an ongoing increase in administration costs.

Two important features of the accounts are the final payment for the indexing of all past publications and the receipt of the final cash transfer from the Bead Study Trust. New issues of both Jewellery History Today and Jewellery Studies will be indexed on a regular basis in future.

Although seen as a positive decision to hold funds in the COIF Deposit Fund the unfortunate timing of the Society’s accounting year has meant that the accounts show an unrealised loss for the period.

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:

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 17[th] January 2023 and signed on its behalf

Hon Treasurer

-Page 3 of 5

THE SOCIETY OF JEWELLERY HISTORIANS

INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 30 SEPTEMBER 2022

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
2022

£
£
29,405
1,438
3,565
571
950
458
3,725

40,112
4,568
725
5,509

1,202
4,298
2,868
1,309
2,828
0
146
1,805
25,258
-2,726
12,128
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
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

Page 4 of 5

THE SOCIETY OF JEWELLERY HISTORIANS

BALANCE SHEET AS AT 30 SEPTEMBER 2022

2022
2021
£
£
£
£
FIXED ASSETS
COIF Investment Account
79,917
82,643
79,917
82,643
CURRENT ASSETS
Trade Debtors
-
-
COIF Deposit Account
101,580
101,122
HSBC Current Account
26,319
12,146
PayPal Account
785
683
128,684
113,951
CURRENT LIABILITIES
Accruals
1,753
1,873
NET CURRENT ASSETS
126,931
112,078
TOTAL ASSETS (less current liabilities)
206,848
194,720
Financed by:
CAPITAL ACCOUNT
General funds brought forward
194,720
95,870
Surplus/ (Deficit) for the year
12,128
98,850
General funds carried forward
206,848
194,720
Approved by the Council on 17thJanuary 2023 and signed on its behalf
2022
2021
£
£
£
£
FIXED ASSETS
COIF Investment Account
79,917
82,643
79,917
82,643
CURRENT ASSETS
Trade Debtors
-
-
COIF Deposit Account
101,580
101,122
HSBC Current Account
26,319
12,146
PayPal Account
785
683
128,684
113,951
CURRENT LIABILITIES
Accruals
1,753
1,873
NET CURRENT ASSETS
126,931
112,078
TOTAL ASSETS (less current liabilities)
206,848
194,720
Financed by:
CAPITAL ACCOUNT
General funds brought forward
194,720
95,870
Surplus/ (Deficit) for the year
12,128
98,850
General funds carried forward
206,848
194,720
Approved by the Council on 17thJanuary 2023 and signed on its behalf
2022
2021
£
£
£
£
FIXED ASSETS
COIF Investment Account
79,917
82,643
79,917
82,643
CURRENT ASSETS
Trade Debtors
-
-
COIF Deposit Account
101,580
101,122
HSBC Current Account
26,319
12,146
PayPal Account
785
683
128,684
113,951
CURRENT LIABILITIES
Accruals
1,753
1,873
NET CURRENT ASSETS
126,931
112,078
TOTAL ASSETS (less current liabilities)
206,848
194,720
Financed by:
CAPITAL ACCOUNT
General funds brought forward
194,720
95,870
Surplus/ (Deficit) for the year
12,128
98,850
General funds carried forward
206,848
194,720
Approved by the Council on 17thJanuary 2023 and signed on its behalf

Hon Treasurer

Page 5 of 5