Charity number: 1155688
The British Sundial Society
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2020
The British Sundial Society Contents Page For the year ended 31 December 2020
| Report of the Trustees | 1 to 5 |
|---|---|
| Independent Examiner's Report to the Trustees | 6 |
| Statement of Financial Activities | 7 |
| Statement of Financial Position | 8 |
| Notes to the Financial Statements | 9 to 15 |
| Detailed Statement of Financial Activities | 16 |
The British Sundial Society Report of the Trustees For the year ended 31 December 2020
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
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The British Sundial Society Report of the Trustees Continued For the year ended 31 December 2020
Chair's report
TRUSTEES' ANNUAL REPORT 2020
In common with the rest of the world, the Society and its members have been gravely and severely impacted by the Covid pandemic.
Sadly 2020 witnessed the loss of both our April annual conference at York and September Newbury gathering. Sadly 2020 also witnessed the 'there is no alternative' decision to not hold the April 2021 annual conference in Exeter. To lose two conferences, the high points of the Society's annual programme, is a most painful reflection of recent times.
On a less sombre note the Society was able, often due to extra exertions by its volunteers, to maintain the bulk of normal business - including the Bulletin, the website, the Help and Advice service, and dial registers. There were also two new publications - 3rd edition Glossary and 7th edition Fixed Dial Register - as well as additional information on, and upgrade of, the website. It also appears that individual members were able to continue with much of their involvement in individual projects and particular dials.
Covid also affected the Society's formal governance. The pre notified April 2020 annual general meeting could not be held and its business, including the election of trustees, was lost. The trustees, in a force majeure position, immediately mitigated by using their constitutional power to appoint nominated trustees. As it was not practicable to hold a 2020 AGM within the constitutionally required period, a written resolution was moved affording members the opportunity to express their voice on the AGM's lost business.
The trustees will continue to take all reasonable measures both to abide by all constitutional requirements, and where not possible, to mitigate their practical consequence on the effective operation of the Society. The Covid crisis has not affected the Society's finances - which remain capable of supporting current activities and plans for the foreseeable future.
The entirety of the Society's activities are conducted on a voluntary basis by members. On behalf of the whole Society the trustees wish to thank all of those who make the Society what it is. As ever we are limited to the volunteer resources that come forward. If you feel able to help in any way, we would love to hear from you.
Further more detailed information is contained in the sections below.
Jackie Jones, Frank King, Graham Stapleton, Bill Visick, Chris Williams
EXAMPLES OF INDIVIDUAL PROJECTS AND DIALS
Extracts from the 2020 public benefit submission:
Members constructed new sundials in public locations - Bedlington Market Place (North Yorkshire); National Trust house, Durgan (Cornwall); Wiggenhall School (Norfolk). Members' restorations to historic public sundials - Drummond Castle Gardens (Perthshire); Pitmedden Garden, National Trust for Scotland (Aberdeenshire).
*Additional information, analysis and interpretation of items in public collections - Liverpool Museum (Merseyside); Kirkleatham Museum (Redcar & Cleveland); British Museum (London Borough of Camden).
*Research findings on local sundials shared with the community - City of York (North Yorkshire); Thornton (Lancashire); Windsor (Berkshire); Herne Hill (London Borough of Lambeth); Upton (Nottinghamshire); Farnborough (Surrey); multiple locations in Scotland.
The five-yearly update of the national Register of Fixed Sundials was published, being made available to members and academic bodies. The Register is the largest and most detailed reference of its kind. Digital mapping of sundials in the British Isles was continued, enabling members to be Citizen Scientists, reporting extra data for the national database.
*Members maintained the web-based Help and Advice service available to the public.
THE BULLETIN
In 2020, the customary four quarterly issues of the Bulletin were published. Two members of the Editorial Team normally make heavy use of desktop publishing facilities in the University of Cambridge but, since late March 2020, these have been unavailable because they were not deemed to be in a Covid-secure environment.
In consequence, John Davis kindly completed production of the June Bulletin and went on to prepare most of the September issue too. When national Covid restrictions eased during the summer, Frank King set up an adequate, though reduced, desktop publishing suite which he and Christine Northeast have been using.
In 2020, it was not possible to hold the Annual Conference in April or the Newbury Meeting in September, so no associated reports of talks or outings were published during the year.
The Bulletin Team includes John Davis, Frank King, Christine Northeast and Bill Visick, who receive invaluable help from Fiona Vincent who proof reads every issue. The Team freely calls on other members of the Society when special expertise is required. We remain most grateful to all our contributors, without whom there would be no Bulletin. The Editorial Team
OTHER BSS PUBLICATIONS
During 2020, John Davis, with assistance from Christine Northeast, published a third edition of the BSS Glossary and Sourcebook of Dialling Data as Monograph 13. This has proved very popular. The Editorial Team
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The British Sundial Society Report of the Trustees Continued For the year ended 31 December 2020
FIXED DIAL REGISTRAR
The seventh edition of the Fixed Dial Register was published, for sale to members only. For the first time all members' reports were shown, including the first 4,000, which had not previously been scanned. The edition was published on USB and DVD, together with the usual A5 Abridged handbook.
The register database was enhanced to provide direct access to reports from the main dial page, and online links to both Bridol and Sundial Atlas.
Thanks to Bill Visick, Bridol had a major facelift, with 2,000 additional dials, and some significant improvements to the presentation.
John Foad
MASS DIAL REGISTRAR
When circumstances allow, work will recommence on digitising the remaining counties currently with paper records only. A start will be made with Devon, where the Registrar lives. If anybody likes working with Access databases and has an interest in mass dials please come forward as there are a lot of records to digitise.
The formerly very active Mass Dial Recording Group may be no more, but there are still interested people sending in records and photographs of mass dials - new and known. Thanks to all of them. Ben Jones
WEBSITE
During 2020 website usage grew by about 12% over the previous year, faster than in 2019. The majority of visitors are from the UK with strong numbers from other English-speaking countries, but the rest of Europe, China and India are also represented. The most popular areas include BRIDOL, the BSS Horizontal Sundial, and the list of designers and makers (an interesting mix of DIY and the expert), while How Do Sundials Work? and Mass Dials are also of significant interest. Enhancements to the site during the year include major revisions to BRIDOL: the number of dials has been increased to 4,000 and the front end has been extensively revised to make searching, displaying and navigation easier. Also during the year the little used Members' Area and discussion forum have been retired while the site has been upgraded to use HTTPS, the secure version of the web protocol that not only improves security but also improves its search ranking on mobile devices.
We have plans to add more content to the site: please stay tuned. Bill Visick
CONFERENCES
The 2020 annual conference at York could not be held because of Covid. It was possible for the Team to so arrange matters that full refunds could be returned to erstwhile delegates and the booking renegotiated with the venue to 2022 - Exeter 2021 already being contractually committed.
The timing of Covid's arrival and the nature of the prevailing restrictions meant, perforce, that the 'no go' point for York 2020 was reached very late in the booking and administration cycle and the conference's successful, financially neutral for delegates and the Society, unwinding involved the Team in considerable additional work and negotiation. In contrast, given the continuing Covid crisis for the foreseeable future, an early decision was taken (in September) not to hold the 2021 Exeter conference. It has, at no cost to the Society, been renegotiated with the venue to 2023.
So, in a nutshell, our 2020 and 2021 conferences have succumbed to Covid but, circumstances permitting, York 2022 and Exeter 2023 are in prospect.
The core Conference Team comprises Doug Bateman, Bill Visick, plus Liz and Chris Williams. In addition Louise Smail and Martin Jenkins are organising the Saturday tours for York and Exeter respectively. The Conference Team
HELP AND ADVICE SERVICE
The BSS Help and Advice Service has dealt with 91 enquiries in 2020 - about the same as last year. While the majority of queries come from private individuals, we have also been contacted by architects, church wardens, historians, museums, academic institutions, antique dealers, a rotary club and a steeplekeeper.
Queries fell into the following categories: where/what to buy (1), restoration (11), replacement gnomon (3), delineation (14), information about an existing dial (49) and other (13). The 'other' category included requests for BSS Monographs and Bulletin articles, information on dialling scales and moon dials, and a P-G heliochronometer for sale. One particularly strange query involved a 'sundial' which turned out to be a replica Chinese Beat Drum and not a sundial at all!
There were 21 enquiries from overseas: USA (8), Ireland (6), France (2), and one each from Canada, Germany, Netherlands, Singapore and South Africa.
About two-thirds of our replies received an acknowledgement - a thank you or further discussion. Enquiries have resulted in one new member and three articles for the Bulletin.
LIBRARY
Sadly, there is little to report since the lockdowns began. Bromley House is currently on a 'care and maintenance' basis by the staff and hopefully will reopen fully when the Covid crisis is over.
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The British Sundial Society Report of the Trustees Continued For the year ended 31 December 2020
One bright spot in 2020 was that Dr Anja Rhode, senior librarian at Bromley House, gave a short talk via YouTube on 'Treasures of the British Sundial Society Library'. In this, she highlighted four of the Society's books:
*Mrs Gatty, The Book of Sundials
*Warrington Hogg, The Book of Old Sundials and their Mottoes
*Dom Ethelbert Horne, Primitive Sundials and Scratch Dials
*George Gordon, An Introduction to Geography, Astronomy and Dialling (1729)
A blog of the talk, including a link to the YouTube video, can be found at https://bromleyhouse.org/treasures-of-the-british-sundial-society-library/. John Wilson
BIOGRAPHICAL PROJECTS
Possession has been taken of the electronic files and the database is being updated with details from the past few years of Bulletins. Since the third edition of the Biographical Index has only been published recently, it is not expected to have an update this decade - there were 12 years between the last two editions. Details of newly discovered makers are being systematically recorded, together with references and downloaded pictures. Peter Ransom
PHOTOGRAPHIC
The Society's 2020 Photographic Competition was, as usual, envisaged to culminate with voting during the annual conference. As the conference could not be held due to Covid, the competition was moved online. Entries were displayed on the Society's website and members invited to vote.
There were only a small number of entries, probably due to the unavoidably late change in the competition format, but these were of high quality and it was pleasing that a sufficient number of members voted to make the competition worthwhile . Based upon the votes received, certificates were awarded for the first three places. David Hawker
SALES
There is a slow and steady demand for BSS publications and all orders received during 2020 have been fulfilled. Sales were helped with the publication of the new Biographical Index and Sundial Glossary. However, stock is running low of most of the earlier monographs (with the exception of Nos. 3 and 9).
Elspeth Hill
MEMBERSHIP
The trends of the last few years continued - with circa a dozen new members joining the Society being more than offset by some two dozen members leaving.
At the end of 2020 there were 288 members - 209 in the UK, 39 in the rest of Europe, 29 in the USA and 11 in the rest of the world.
One problem during this Covid year has been contacting members for their renewal subscriptions. A number, often if they work for an organisation, have been working from home and have different email addresses or do not go into work to pick up post. Some have required an awful lot of chasing! Jackie Jones
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit : running a charity (PB2)'.
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or 'aims' that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees' report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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The British Sundial Society Report of the Trustees Continued For the year ended 31 December 2020
FINANCIAL REVIEW
Reserves
The trustees have considered the level of reserves they wish to retain appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
RISK ASSESSMENT
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with their annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity The British Sundial Society Charity registration number 1155688 Principal address 99 Western Road Lewes East Sussex BN7 1RS
Trustees
The trustees and officers serving during the year and since the year end were as follows:
| Frank King | |
|---|---|
| Chris Williams | |
| Jackie Jones | |
| Graham Stapleton | |
| Bill Visick | |
| Secretary | Chris Williams |
| Independent examiners | Counterculture Partnership LLP |
| Unit NH.204 | |
| E1 Business Studios | |
| 7 Whitechapel Road | |
| London | |
| E1 1DU | |
| Bankers | The Co-operative Bank plc |
| PO Box 101 | |
| 1 Balloon Street | |
| Manchester, M60 4EP |
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Frank King
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The British Sundial Society Independent Examiners Report to the Trustees For the year ended 31 December 2020
I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity’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 examiners 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 that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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.
Counterculture Partnership LLP Unit NH.204
E1 Business Studios
7 Whitechapel Road London E1 1DU
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The British Sundial Society Statement of Financial Activities
For the year ended 31 December 2020
| Notes | Unrestricted | Restricted | 2020 | 2019 | |
|---|---|---|---|---|---|
| funds | funds | ||||
| £ | £ | £ | £ | ||
| Income and endowments from: | |||||
| Donations and legacies | 2 | 2,175 | - | 2,175 | 2,538 |
| Charitable activities | 3 | 11,111 | - | 11,111 | 30,303 |
| Investments | 4 | 150 | - | 150 | 324 |
| Total | 13,436 | - | 13,436 | 33,165 | |
| Expenditure on: | |||||
| Charitable activities | 5/6 | (10,914) | - | (10,914) | (36,100) |
| Other expenditure | (3,006) | - | (3,006) | (4,996) | |
| Total | (13,920) | - | (13,920) | (41,096) | |
| Net income/expenditure | (484) | - | (484) | (7,931) | |
| Reconciliation of funds | |||||
| Total funds brought forward | 77,787 | 7,146 | 84,933 | 92,864 | |
| Total funds carried forward | 77,303 | 7,146 | 84,449 | 84,933 |
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The British Sundial Society Statement of Financial Position As at 31 December 2020
| Fixed assets Tangible assets Notes 11 Current assets Debtors 12 Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities Net assets The funds of the charity Restricted income funds 14 Unrestricted income funds 14 Total funds |
2020 £ 17,228 |
2019 £ 17,228 |
|---|---|---|
| 17,228 | 17,228 | |
| 11,744 56,198 |
11,304 61,815 |
|
| 67,942 | 73,119 | |
| (721) 67,221 |
(5,414) 67,705 |
|
| 84,449 | 84,933 | |
| 84,449 | 84,933 | |
| 7,146 77,303 |
7,146 77,787 |
|
| 84,449 | 84,933 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Graham Stapleton Trustee
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The British Sundial Society Notes to the Financial Statements
For the year ended 31 December 2020
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
The British Sundial Society meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
The financial statements are prepared, on a going concern basis, under the historical cost convention.
Change in accounting policy
There have been no changes to the accounting policies since last year or to policies used by the former charity British Sundial Society (registered charity number 1032536).
Incoming resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
-
the charity becomes entitled to the resources;
-
the trustees are virtually certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA during the same period as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the period.
Donated goods, services and facilities
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the trustees' report.
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The British Sundial Society Notes to the Financial Statements Continued For the year ended 31 December 2020
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Annual Commitments
There are no annual commitments under non-cancelling operating leases and no capital commitments.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the period end. Other investment assets are included at trustees' best estimate of market value.
Tangible fixed assets
The British Sundial Society Library is stated at valuation based on the 2014 value calculated by Rogers Turner Books.
2. Income from donations and legacies
| Unrestricted funds Donations received Legacies received |
2020 2019 £ £ 2,175 - 2,380 158 2,175 2,538 |
|---|---|
3. Income from charitable activities
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Promoting the Art and Science | ||
| of Gnomonics | ||
| Day Meetings | - | 310 |
| Sales | 1,134 | 410 |
| Subscriptions | 9,977 | 9,704 |
| Events | - | 19,879 |
| 11,111 | 30,303 | |
| 11,111 | 30,303 |
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The British Sundial Society Notes to the Financial Statements Continued For the year ended 31 December 2020
4. Investment income
| Unrestricted funds Bank interest receivable osts of charitable activities by fund type Unrestricted funds Promoting the Art and Science of Gnomonics Direct cost Bulletin/Publication Day Meetings Events Postal Sales Travel Somerville Lecture Education Support costs Promoting the Art and Science of Gnomonics Governance costs Accountancy fees Legal fees osts of charitable activities by activity type Activities undertaken directly Promoting the Art and Science |
2020 £ 150 150 2020 £ 9,734 - 227 71 115 - - 10,147 732 35 |
2019 £ 324 |
|---|---|---|
| 324 | ||
| 2019 £ 12,164 205 22,366 69 150 200 191 |
||
| 35,345 720 35 |
||
| 767 | 755 | |
| 10,914 | 36,100 | |
| 2020 £ 10,914 |
2019 £ 36,100 |
5. Costs of charitable activities by fund type
6. Costs of charitable activities by activity type
Promoting the Art and Science of Gnomonics
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The British Sundial Society Notes to the Financial Statements Continued For the year ended 31 December 2020
7. Analysis of support costs
| Governance costs Accountancy fees Legal fees |
2020 £ 732 35 767 |
2019 £ 720 35 |
|---|---|---|
| 755 |
8. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| 2020 | 2019 | |||
|---|---|---|---|---|
| £ | £ | |||
| Accountancy fees | 732 | 720 | ||
| Comparative for the Statement of Financial Activities | ||||
| Unrestricted | Restricted | 2019 | ||
| funds | funds | |||
| £ | £ | £ | ||
| Income and endowments from: | ||||
| Donations and legacies | 2,538 | - | 2,538 | |
| Charitable activities | 30,303 | - | 30,303 | |
| Investments | 324 | - | 324 | |
| Total | 33,165 | - | 33,165 | |
| Expenditure on: | ||||
| Charitable activities | (35,709) | (391) | (36,100) | |
| Other expenditure | (4,996) | - | (4,996) | |
| Total | (40,705) | (391) | (41,096) | |
| Net expenditure | (7,540) | (391) | (7,931) | |
| Reconciliation of funds | ||||
| Total funds brought forward | 85,327 | 7,537 | 92,864 | |
| Total funds carried forward | 77,787 | 7,146 | 84,933 |
10. Comparative for the Statement of Financial Activities
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The British Sundial Society Notes to the Financial Statements Continued For the year ended 31 December 2020
| 11. Tangible fixed assets Cost or valuation At 01 January 2020 At 31 December 2020 Net book values At 31 December 2020 At 31 December 2019 12. Debtors Amounts due within one year: Trade debtors Prepayments and accrued income 13. Creditors: amounts falling due within one year Accruals and deferred income |
2020 £ 1,165 10,579 11,744 2020 £ 721 721 |
Library £ 17,228 |
|---|---|---|
| 17,228 | ||
| 17,228 | ||
| 17,228 | ||
| 2019 £ 1,190 10,114 |
||
| 11,304 | ||
| 2019 £ 5,414 |
||
| 5,414 |
14. Movement in funds Unrestricted Funds
| Balance at | Incoming | Outgoing | Balance at | ||
|---|---|---|---|---|---|
| 01/01/2020 | resources | resources | 31/12/2020 | ||
| £ | £ | £ | £ | ||
| General | |||||
| General | Fund | 77,787 | 13,436 | (13,920) | 77,303 |
| 77,787 | 13,436 | (13,920) | 77,303 |
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The British Sundial Society Notes to the Financial Statements Continued For the year ended 31 December 2020
Unrestricted Funds - Previous year
| Balance at | Incoming | Outgoing | Balance at | ||
|---|---|---|---|---|---|
| 01/01/2019 | resources | resources | 31/12/2019 | ||
| £ | £ | £ | £ | ||
| General | |||||
| General | Fund | 85,327 | 33,165 | (40,705) | 77,787 |
| 85,327 | 33,165 | (40,705) | 77,787 |
Purpose of unrestricted Funds
General Fund
The purpose of this fund is for the general running of the chairlty
Restricted Funds
| Balance at | Outgoing | Balance at | |
|---|---|---|---|
| 01/01/2020 | resources | 31/12/2020 | |
| £ | £ | £ | |
| Andrew Somerville | 5,998 | - | 5,998 |
| Memorial Fund | |||
| St Katharine Cree | 1,148 | - | 1,148 |
| Restoration Fund | |||
| 7,146 | - | 7,146 | |
| Restricted Funds - Previous year | |||
| Balance at | Outgoing | Balance at | |
| 01/01/2019 | resources | 31/12/2019 | |
| £ | £ | £ | |
| Andrew Somerville | 6,389 | (391) | 5,998 |
| Memorial Fund | |||
| St Katharine Cree | 1,148 | - | 1,148 |
| Restoration Fund | |||
| 7,537 | (391) | 7,146 |
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The British Sundial Society Notes to the Financial Statements Continued For the year ended 31 December 2020
Purpose of restricted funds
Andrew Somerville Memorial Fund
The Andrew Somerville Memorial Fund is part of the general BSS Assets, but its use is restricted to funding the annual Andrew Somerville Lecture and restoration and educataion grants, should these be made.
St Katharine Cree Restoration Fund
The purpose of the fund is for the restoration of the sundial at St. Katharine Cree Church, Leadenhall Street, City of London.
15. Analysis of net assets between funds
| Unrestricted funds General General Fund Restricted funds Andrew Somerville Memorial Fund St Katharine Cree Restoration Fund Previous year Unrestricted funds General General Fund Restricted funds Andrew Somerville Memorial Fund St Katharine Cree Restoration Fund |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 17,228 60,075 77,303 - 5,998 5,998 - 1,148 1,148 |
|---|---|
| 17,228 67,221 84,449 |
|
| Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 17,228 60,559 77,787 - 5,998 5,998 - 1,148 1,148 |
|
| 17,228 67,705 84,933 |
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The British Sundial Society Detailed Statement of Financial Activities For the year ended 31 December 2020
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENT | ||
| Donations and legacies | ||
| Donations and Gift Aid | 2,175 | 2,380 |
| Bequests & Legacies | - | 158 |
| 2,175 | 2,538 | |
| Charitable activities | ||
| Day Meetings | - | 310 |
| Sales | 1,134 | 410 |
| Subscriptions | 9,977 | 9,704 |
| Events | - | 19,879 |
| 11,111 | 30,303 | |
| Investments | ||
| Bank interest receivable | 150 | 324 |
| 150 | 324 | |
| Total incoming resources | 13,436 | 33,165 |
| EXPENDITURE | ||
| Charitable activities | ||
| Cost of direct charitable activity | (10,147) | (35,345) |
| (10,147) | (35,345) | |
| Other | ||
| Administration | (384) | (126) |
| Banking and Insurance | (1,245) | (1,833) |
| Library | (340) | (208) |
| Imaging & Archives | - | (1,180) |
| Storage | (1,037) | (1,649) |
| (3,006) | (4,996) | |
| SUPPORT COSTS | ||
| Governance costs | ||
| Governance costs | (767) | (755) |
| (767) | (755) | |
| Total resources expended | (13,920) | (41,096) |
| Net Expenditure | (484) | (7,931) |
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This page does not form part of the statutory financial statements