**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 2023**
Address: Scientific Research The British Museum London WC1B 3DG
**Contents of the Financial Statements For the Year Ended 30 September 2023**
Trustees Annual Report Council Members’ Responsibilities Income & Expenditure Account Balance Sheet
Page 1 of 5
**THE SOCIETY OF JEWELLERY HISTORIANS**
## **Trustees Annual Report**
The increased membership numbers, attributed in part to the online lectures reaching a global audience, have been maintained. Live streaming of the lectures at the Society of Antiquaries is now a permanent feature of the Society’s offer to members. The first of the planned ‘new research short presentations’ was successfully trialled with speakers both in person and online.
After the unrealised loss from the Society’s COIF Investment Fund it has shown an unrealised profit this year.
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 for well in excess of the next twelve months.
The Trustees are aware of the Charity Commission’s guidance about Trustees serving more than eight consecutive years. Although this relates to several Trustees, it is considered that the Charity benefits hugely from their services and from their corporate memory. Nevertheless, further Trustees are being sought.
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 23rd January 2024 and signed on its behalf
Hon Treasurer
Page 3 of 5
## **THE SOCIETY OF JEWELLERY HISTORIANS**
## **INCOME AND EXPENDITURE ACCOUNT**
## **at 30 SEPTEMBER 2023 at 30 SEPTEMBER 2022**
|**£**
**INCOME**
Subscriptions
29,521
Gift Aid
1,250
Symposia & Private Views
1,300
Publications
346
Advertising
950
Bank Interest
3,650
Donations
0
**EXPENDITURE**
Hire of Halls
7,331
Symposia & Private Views
2,896
Secretarial Fees
4,811
Printing, Postage & Stationery
786
Newsletter Publication (Jewellery History Today)
5,707
Newsletter Distribution (Jewellery History Today) 3.948
Bank Charges
754
Jewellery Studies
1,720
Accountancy
0
Website/brochure redesign
153
Lectures, Meetings & Sundry
3,196
Unrealised gain/loss on investments
3,460
**EXCESS/(DEFICIT) OF INCOME**
**OVER EXPENDITURE**|
|**£**
**£**
**37,017**
**31,302**
**9,175**|
**£**
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**|
**£**
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**|
**£**
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**|
**40,112**|
|---|---|---|---|---|---|---|
||||||||
Page 4 of 5
**THE SOCIETY OF JEWELLERY HISTORIANS**
## **BALANCE SHEET**
||**at 30**|**SEPTEMBER**|**2023at 30 SEPTEMBER 2022**|**2023at 30 SEPTEMBER 2022**|**2023at 30 SEPTEMBER 2022**|
|---|---|---|---|---|---|
|||**£**
|**£**|**£**|
**£**|
|**FIXED ASSETS**||||||
|**Investments**||||||
|COIF Investment Account||83,376||79.917||
||||**83,376**||**79,917**|
|**CURRENT ASSETS**||||||
|**Bank and cash**||||||
|COIF Deposit Account||105,230||101,580||
|HSBC Current Account||23,549||26,319||
|PayPal Account||1,157|||785|
|||**129,936**|||**128,684**|
|Debtors||2,711||||
|**TOTAL CURRENT ASSETS**|||**132,647**||**128,684**|
|**CURRENT LIABILITIES**||||||
|Creditors||||1,753||
|**NET CURRENT ASSETS**|||**132,647**||**126,931**|
|**TOTAL ASSETS (less current**|**liabilities)**|
|**216,023**||**206,848**|
|**Financed by:**||||||
|**CAPITAL ACCOUNT**||||||
|General funds brought forward||206,848||194,720||
|Surplus/ (Deficit) for the year||9,175|
|12,128||
|General funds carried forward|||**216,023**||**206,848**|
Approved by the Council on 23rd January 2024 and signed on its behalf
Hon Treasurer
Page 5 of 5
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
> **Report to the trustees/ The Society of Jewellery Historians members of**
|**On accounts for the year**
**ended**
**Set out on pages**|**30th September 2023**|**Charity no**
**(if any)**|**1151393**|
|---|---|---|---|
|||||
||**1 – 5**|||
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 September 2023. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the which gives me cause to 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 with the applicable requirements concerning the form and content of accounts 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 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.
## **Signed:** P A Sadler
**Date:** 23 January 2024
**Name:** Philip Sadler **Relevant professional** FCCA, ACIE **qualification(s) or body: Address:** Ledgeland St Margaret’s Road St Margaret’s Bay, Kent
**6**