Market Harborough Historical Society CIO- Registered Charity Afo. 1157244 Annual Report and Financial Statements For the period ending 31st December 2023 Contents Annual Report Pages Receipts and Payments Account Pages Statement of Assets and Liabilities Pages Market Harborough Historical Society cio Report of the Trustees For the period ended 31 December 2023 The Trustee5 present their Report together with the Financial Statements of the Charity for the period ended 31. December 2023 Reference and administrative details: Nameofthe Charity. Mafket Harborottgh HL5torical Soclety CIO Working Name: Market Harborough Historical Society Charity Regb5tration Number: 1157244 Correspondence Addre5S: clo Michael Stroud 7 Orchard aose Desborough Kettering Northamptonshire NN14 2LR Current Trustees: Affred Douglas Wooldridge- President (to 10151231 Now deceased David lohnson-chair (to 1151231 David Johnson-vice President (Appointed U51231 IAemoved 111231 Now deceased DavTd Holmes-chair (Appointed iIS/231 Leonard Thomas Holden- Secretary Michael Stroud-Treasurer R05alsnd Willatts Patricia Perkins Oudley Brown (to 10151231 John Eric Whelan lappointed 10151231 Michael john Mitchcox (appointed 10151231 Structure, Governance and Management GoveTnins Document The Charity is governed by the writtèn constitution, whi¢h was adopted 9 October 2013, and was registered as a charity by the Charity COMMI￿0￿ for England and Wales on 29 May 2014 (Rekristered Number 11572441. Market Harborough Historical Society (Registered Charity no. 5155091 transferred all of its a55ets and liabilities to Market Hart)orough Historical Society CIO IRe8lStered ChaTity No. 11572441 on l January 2016 and it commenced its obFectives from that date. Page I Market Harborough Historical Society CIO Report of the Trustees for the period ended 31 December 2023 Appointment, indurtion and training of newTrustees The Body of Trustees shall be at least three in number. One third of the Trustees are elected annually at the Annual General Meetin8 of the charity and all members of the Society are welcome to put their names forward for elèction. Those who have the appropriate skills. knowledge and experience for the effective administration of the Charity are particularly encouragèd to stand. Each new Trustee will be briefed on their legal obligations under charity law. the content of the Constitution. the committee and dwsion making processes and the most recent financial performance of the charity. In addition, all trustees will be artiveSy encouraged to attend external training courses to enhance understanding of their responsibilities and to improve their effectiveness. Objertives and Actlvities The object of the Charity is to promote public educalion in the study and research in the archaeology ènd history of Market Harborough and the surrounding area. The Trustee5 aim to achieve this objertive through collection. collation and dissemination of information. holding lectures, discussions. and visits. undertaking hÈstorical and archaeological studies, maintaining and augmenting collection5 and promotingthe publication of historical information. The Trustees confirm that they have referred to the guidance contsined in the Charity Commission's general guidance on public benefit when reviewing the Chariws aims and objectives and in planning future activitie5. Achlevements in the Period During the period from I" larsuary 2023 the Chaaty has achieved its objertives and benefitted the public through education by holding leCtU￿S of historical interest, given by members and guest Speakers and arranging a summer outing to Kelmarsh Hall for Members and gue5t& Members of the Society have researched. written and published The History of Market Harbor()ugh Vol l.. From Early Times to the 18 Ceqturf and are delighted to have seen the book on sale in book sellers, the library/rruseum and other outlets in Market HaTborough and s¢Jrrounding areas, and all copie5 were sold out. Further copies of this Volurne wère r&printed during the last quarter of 2023 and are again available for sale. During the year members have continued their research toward5 Volume11, fram the 18 Century to modern times. Funding for this volume was secured towards the end 012023 and publication will be arranged for the first quarter of 2024. The Committee decided to ènsure that more copie5 of the 2. volume will be available. The Challty has produced and distributed the annual Hart)orough Historian journal and beÈn active in Its role as advisor and partnèr in the running of the Market Harborough Muse¢Jm: the Charity is a one third partner with Market Harborough Distrirt Counc¢l and Leicestershire County Council. in the museum. The Charity is proud to Itave made a subrtantial donation to the purchase of a rèplica of the Hallaton Helrnet which will be on display in the Museum. The Ch3rity was unable to plan or to hold its annual History Day event again in Ottober 2023 largely due to the availability of a suitable venue, and too great a commitment to aEt ageing Committee. The Committee ha5 yet to decide on the future of this event. Page 2 Market Harborough Historical Society CIO Report of the Trustees for the period ended 31 December 2023 Membershlp At the end of 2U23 the Sodety had 79 nembers12022= 103 membersl. Membership has dèclined but it is not clear whether this is partly due to the current economic climate andlor the demographi￿ of the Society. The Society is actively recruiting new members and has seen some increase in the early part 012024. We have been pleased to See so many visitors at our monthly meetings and will try to encourage them to join the Society. Ftnancial Review The charity's general unrestrirted income has fallen slightly this year, primarily due to payments relatiD.g to the ￿-prInt of The History of Market Harf)orough Vol l. and increased costs relating to venue hire for monthly meetings. The publicatlon of the Harborough Historian and maintaining regular contact with members by newsletter represent much of the expenditure. Regular costs such as insurance and accountanry fees During 2023 our 8ankers, Natwest. adwsed us that our current bank accounts were no longer suitable for a CIO Charity and that we were obliged to open a new business bank account and to transfer our a55ets into this account and the old account wa5 clrksed. We now have access to modem banking facilities which should offer our members additional services and benefits. which were prewously unavailable to us. The charity considers that a general reserve in the region of £5.￿)0 is required togethef Wlth specific funds $0 the general reserves shown in the Staternent of Assets and Liabilities 15 in excess trf the requirement, although this still may be needed to fvnd The History of Market Harborough Vol11. Declaration I declare, in my capacity of Charity Trustee and Treasurer. that the Trtjstees: Have approved the report above.. and Have authorised me to sign it on their behatf Michael Stroud MA Treasurer 23rd September 2024 Page 3 RK*pts&p4slTheM5knntfor￿y￿ETrdèd 310￿rI0za 20 WWI MUSÈU YdwufM>*¢t Ernl KD* FvDd Al RE￿IPTs oper¥¥lliRer￿pts MernbenE' s￿b￿riphOr Membe￿, DoDrFeE I511￿5, LiiiK¢ Ltss. 41>79 185 12SÉ53 141m 20m 728 2D. 726 FOutinÈ TitptoGÈddirfMChufth 236.0) MA￿tHarbor0￿h &8owd¢fi5 HO￿rdVIatson￿m1p￿EUn Memw4lCtranCY Granls T• ￿$tOry0[￿l￿•f￿Ilb￿r￿hV￿u￿￿1 tarketHarbDro4n & B[y￿￿S(ha￿fy 4nV8ui*iniS)XtylThtr TOTALAECEIPT5 29.24 4￿6￿1 25 5L15 8&39 452x39 9,1511S PAYMENT5 0pEriNnKPa￿ent5 H￿t￿r1d￿kOt&UpuhI￿1l Produth tos 712 uw.oi 75LOI Vd I 3.4U 4.061 4.Q&L(N) 335.05 50Y.OJ 235. i.r¥) 83& DonadOrt￿6QddwUll aw 70.CQ AdMInkIrn￿Q￿cOlts ZM58 [•) xty) 164.58 Z2245 &4ÈN In5urarK8 191. iturfe5.irfts&th¢k 7119 630.77 SLYA S.0￿￿) 5.LW.00 TOTALPAYMEpirs .SaO.77 f4EfaE￿lpyYlPAY￿￿SI 13JA4.511 14J17.751 .th 16.W7.38i 5.IH6.51 EfTRAF4¥ERSETI*EUIF1I4DS IxoDJI IU64.531 >J IZMWI 14917.751 S.28652 HAT&4NK&INHA4D 8routhtF&i¥atd Z.Z85 6E563 .QJ 10.6Q03 23.747.61 18.461.tr3 C•trlodFor*J¥d gA25.12 6￿53 P¥E4 ma￿¢t trrarbotaugh Hknori(alSoa•tyao StrteM￿nt0f A55ets &LE4bi1ityesA5At31 Oecernber1023 Th￿e accounts are presented ￿ a ie(8ipts and p3yrnEnts ba￿5,whth ￿3￿CtUal rEwrd ofthernorbryreCe￿ed ind paid bythE Chadtyduring the ftnanclal year. This basis, whKh wa5Con5Etenttyap￿￿d Frcfft one yeariothe ne*cbythecharrtywSortO£Oftveffjng to a CIO. i5cowidered to bethe m05tappropfiatefornon￿Dmpa￿vCha[PbeSWth an annual ￿(t￿nE of ￿ than 054.￿. Astatem￿raf A55ets & DabTI I&5,1￿tim8￿e￿￿rfIc¥Dt posse5%0ns and outstandingllnaDual committnents Olthethèrityatthee￿Of the ffnanoal issetoutbdow. Thetru5tees Eonlirm. in aicordancewth the O￿￿ta￿e1￿(￿rpOfkted or￿￿50t￿N￿ LEe￿[￿l Re8viiD¢&75 ZOI2. th•¢atthe yearend the CIO did ￿thI¥2 anyoutstanding guaranree5 10 ihird pBrw noraDydebrssecured on3s5ets oftheao. r4oN-M&YETARY AS5ETS-MVSEUM FUMD HERiTAGE￿S£Ts The tharity0%￿￿ a collec¥lln of hlsEDriE31artefacts andpkntsgraph5 r￿ating to PAarkErHarts)rwgh and ￿StriCt*￿ich 15st￿￿ ¥Athln the preclr(c50f the Harborough Museum. The colleCt￿n has beM aCq￿red￿rmaD¥Ye￿bVthepre￿70Ustharttyas mEntiOTred abohtbyrneansof purc￿Se5 and donation5 and nordiablé Informationas tDItscDSt 15 fEad1lyav￿a￿e.Th￿TrUsrQ￿￿LlJns￿lerth*theeW￿nse In obtalthnla valuat￿￿ of thiscd1e¢t￿n woukl oufftigh anybenefitthaL*rthJ &is The￿WaS an addiuontathecdknion thrwthe year. FUNcfiONAL￿SErS The followhg èssetsha¥e beenpurchased fromthe Mweum Fund tobe used ullhernakniofwesentationstoprL￿tethernUse¢jrn theaiar A55et de5￿ptiO Laptopcomputer&d*ital WOiECtor P.A. Syttem Ornnidirectional Microphone tomuseumre H4laton Helrnet Ctt-23 rthasÉd occ.io Mtr4-13 £1.083. ÉLg1.49 ET2.Ag £5XQI MONETARY ASSEfs& U4BIUnES 2021 20ZZ Furtd Jnd nd5 Funds SH AT￿NK &IN HANO NatWe5t Bank PLC rket HarbDfou&h Sxkty Cash In hand 5.672.17. I.￿.83 48.42 9.42S.42 ODJ 620.53 oJ)J S.694.28 2,C￿.￿ 13.366.45 4.31S.36 48.42 0 5.6YI8 I￿j.￿ 17.710.23 19.407.Y7 4.2912Z 48.42 21.747ffj1 610.5a DESTORS & PREPAIDEXPENSE5 BALH Sub5crWiD C05rs lorReprtntcf MH Trt15toryBookVd L Book 5ale5 owing (Wate￿ta￿e5} BookSaIèsspend in lulfillitg thÈyner41 obectNe50fthe l.C. Oa¥les Fund. Restrfcted Thi5 fund wis created ftom a 5egaty fvomthe estatE (>fthe IateJ.C.Da￿3nd 15 tD b2u5ed tofinance an aAnual letturetothefflernbet5 of Ihe Ch3rity. WWI REseat¢h Funrf- Restrirted The remalns ofthi4 fund were notrequired Forthe rese3rth and the b￿ancE¢f£￿7 has been rtansferred toiheGeneral Unresthrted Fund. H*torough Museum 14xchase Fund. Restricted Theincome from thi5 arise5 Irom donatlOD5 madebywstttystothe Harf00r￿ Museurn thi5irKoD* isto be appl￿ in purtha51ng apprapnate Items to promote the rnuseum ènd to add to the collectsonof lo(al bistorir21 artefacts and photographs. Th4sfvnd Is administered bythe Trustees lolntty wtth the Keeperof the HarbOr0￿6￿ Museiim. Frlthds of HarbornughMu5eum Fund- Re5trtcted Thi5 fund represents thedosirt8 balance offund5 hekl by the former FrieTrdSofHathr￿fv MuwEm. donatsd to the 50ieryfor a special pmiecL The 5otieyhad deuded to research a book on the ht5toryof Ma￿Et Yarborough ènd. a bookhas nowbeen produc#d and sold. the rin6fen¢ed funding hasbeen Incorporated intothe Society's main accollnt Hlstoryol Market ￿rborOUEhvOl￿rnE 2Fvnd- Re5tsvAed This restrsrted fU￿d s to be used rowards the pU￿1￿tron Cow 0fThseH￿0ryQf￿￿thet Harbmugh V¢Y.2. ND tosts ha¥eas yet been intyrred. The accounts were approved bythe TN5tee5and siined on thewbthawby. Michael Stroud MA 23rd september 2024 Pap6