WILLIAM MORRIS SOCIETY Annual Report 2023 11
Front cover: John Henry Dearle, Seaweed wallpaper, 1901 (collection of The William Morris Society)
==> picture [49 x 51] intentionally omitted <==
CONTACT DETAILS
The William Morris Society The Coach House Kelmscott House 26 Upper Mall Hammersmith London W6 9TA www.williammorrissociety.org
Tel: 020 8741 3735 Email: WMSAdmin@williammorrissociety.org
Facebook: TheWilliamMorrisSociety Instagram: williammorrissocietyuk X: WmMorrisSocUK
CHARITABLE AIMS
The William Morris Society is a Charitable Incorporated Organisation, whose objects are to improve and diffuse knowledge of the life, work and influence of William Morris and to preserve and make available to all the works of William Morris.
Registered Charity number: 1159382
STRUCTURE & MANAGEMENT
The Society is managed by a part-time, temporary Chief Executive, Claudia Suckling. She was supported during the year by a parttime, permanent staff team of two Curators and a Duty Officer, Membership and Volunteers Manager.
Volunteers act as Society Administrator, Librarian, Magazine Editor, Journal Editor, two Learning Specialists, three Tour Guides and 24 front of house/shop sales people in the museum. Together they deliver all aspects of the charity’s work.
The Society is governed by a Board of ten Trustees, who oversee the work of the Chief Executive, providing guidance and support where required to protect the assets of the Trust and to ensure that the objects of the Trust are delivered for the public benefit.
STAFF
Chief Executive Director: Claudia Suckling, from February 2023 Finance Manager: Penny McMahon Curator, Research and Development: Helen Elletson Curator, Collections & Display: Mallory Horrill Membership & Volunteer Manager: Vanessa Manson
VOLUNTEER ROLES
Journal Interim Editor: Michael Robertson Magazine Editor: Sarah Wilson
PRESIDENT
Lord Tom Sawyer, to Feb 2023 Dr Tristram Hunt, from Feb 2023
BOARD OF TRUSTEES
Chair: Stephen Bradley, to May 2023 Ian Wall, from May 2023 Vice-Chair: Tara-Jane Sutcliffe Hon. Treasurer: Andrew Gray Hon. Secretary: Frances Graupner Board Members: Robynn Finney, from May 2023 Sarah Hardy Theresa Kneppers Natalia Martynenko-Hunt Michael Robertson Christopher Warleigh-Lack, from May 2023
The Board has four sub-committees: Finance & General Purposes (T-JS, IW, FG, AG, SH); Collections, Library & Display (NM-H, IW); Education, Learning & Engagement (MR, TK, NM-H); Projects & Programmes (SH). The last of these did not meet during the year. The Board operates its recruitment of Trustees through the Nominations Committee under a written scheme of delegation. Trustee recruitment is conducted through open advertisement in our magazine, our website and by other public means that might help widen the choice of possible Trustees. Potential Trustees are interviewed by the Nominations Committee and appropriate recommendations are made to the Board for its consideration.
ANNUAL REPORT | 2023 | 2
Chair’s Introduction
Our last year has been one of incident and change that has been full of excitement and challenge, to which we have responded in such a manner that we have started the current year in a much stronger position than in recent years. This would not have been achieved without the enthusiastic and committed work of the operational team supported by our volunteers and active Trustees.
There have been people changes over the year, notably the appointment of Claudia Suckling as our first Chief Executive in February 2023, bringing professional rigour and a new focus to the Society’s operations. Her drive, enthusiasm and enormous effort have been critical, together with the strong support of her team, in the successes of this year. We welcomed also Tristram Hunt, Director of the V&A, as our new President. In May Natalia Martynenko-Hunt will be retiring from the Board after many years of very valuable service as a Trustee and Chair of CLD, before which she was a willing and very capable volunteer involved in many aspects of the Society’s work; fortunately, she has agreed to continue as an active volunteer after she leaves the Board.
Our finances are now looking better, as our Honorary Treasurer describes elsewhere in this report. We started the year on the expectation that we would still have a substantial deficit by the end of the financial year but, in fact, we are close to breaking even. More importantly, that performance was underpinned by the careful development of key income streams that will continue in the coming years, helping to ensure that we can deliver our charitable objects into the future. This is a major achievement.
Unfortunately, the Journal editor appointed in late 2022 resigned just before the then next issue was due out, with nothing in the pipeline. It was only due to the heroic efforts of staff and Trustees, especially Michael Robertson who stepped in as Interim Editor, that we produced the two 2023 issues. We now welcome a new, and highly regarded editor in Kirsty Hartsiotis, and look forward to her first issue later this year. Meanwhile Sarah Wilson has continued to produce our vibrant members’ magazine, three times a year, that has gone from strength to strength. We thank them both for the commitment and professionalism they each bring to these voluntary roles and the huge contribution they make to our membership.
As I mentioned our financial position has improved. This is mainly due to three new or revitalised income streams. First, we have overhauled our licencing agreements, an approach resulting in increased income from existing licenses and new licensees; secondly we have started charging those over 16, who are neither members of the Society nor residents of Hammersmith and Fulham a small entry fee that, perhaps contrary to common conception, has led to increased sales in the shop; retail sales have also been increased by restoring our online shop. Finally, our membership has increased; this is important of course for the income but much more so for the health of the Society, that relies upon the engagement and enthusiasm of many members. Our members are also best placed to recruit new members and I encourage all of you to consider who you might be able to recruit to the Society.
Looking forward we hope soon to finish work on the upgrade of our digital systems and we are hoping during the coming year to establish regional Society groups: we would be pleased to hear from any member who would like to help with that aim. Most exciting, we have started planning a weekend William Morris Festival that will combine many talks and activities in the spirit of fellowship that was so important to William Morris and is to us too.
At the very beginning of the financial year 2024 building work is taking place on the upper part of Kelmscott House, which is on a long lease from the Society, this will lead to substantial disruption for us, including the decanting of our collection, but we intend to take the opportunity to make some improvements.
I am confident that our financial improvement will continue but, critical as this is, it is only the base upon which we build so that we can, as our memorandum and articles recite, ‘diffuse the work and knowledge of William Morris’ as widely and deeply as we can. In life he inspired many and through our work and that of others we continue to seek to do the same.
Ian Wall Chair, The William Morris Society
ANNUAL REPORT | 2023 | 3
Operational highlights
Below: Chief Executive, Claudia Suckling (centre) with Lisa Montague of the Sanderson Design Group and Tristram Hunt, President of The William Morris Society.
Summary
Vision & Values
==> picture [539 x 338] intentionally omitted <==
The new Chief Executive joined in February, tasked with creating and delivering a robust plan to reinvigorate our membership and museum, expand our educational reach, and create a sustainable income base to ensure the Society’s long-term future. Supported by a core group of Trustees and staff, with the ceaseless dedication of our hard-working volunteers and the support of our members and stakeholders, the target set for end-2025 has been reached two years ahead of schedule. While there is every indication that this progress will continue, providing a firm platform for long-term stability, there is no room for complacency, with much still to do.
A review of the Society’s activities and offering was undertaken in February. While the financial health of the organisation was a consideration, the focus was how and whether we were delivering our charitable objects as best we could. Areas where we were falling short of Morris’s ideals of design excellence, good craftsmanship, human equality and care for the natural and built environment were identified, and plans put in place to address them. The result has been a flight to quality in the exhibitions we will now be offering, the education programmes we provide, the way we care for our collection and premises and the publications we produce, providing a better experience for our members, visitors and stakeholders.
ANNUAL REPORT | 2023 | 4
Below: The John Henry Dearle exhibiton, Morris’s Successor: John Henry Dearle
‘Nice to see an exhibition focused on Dearle and enjoyed seeing the permanent collection’ Feedback from a visitor
Museum & Collection
==> picture [355 x 250] intentionally omitted <==
==> picture [171 x 250] intentionally omitted <==
The museum welcomed 8,359 visitors during the year, an increase of over 100% from the previous year, which had been blighted by closures.
A re-run of the exhibition The Ideal Book , focussed on Morris’s publishing and printing work, was replaced in late April by Morris’s Successor: John Henry Dearle , the first exhibition dedicated solely to the work of one of Morris & Co’s most prolific designers. Previously unseen photographs of Dearle were kindly provided by his family and Morris & Co generously funded necessary reframing work. The exhibition received considerable press attention, thanks to our Press & Publicity volunteer, drawing in new audiences and helping to promote our collection and museum.
A visitor survey in early summer showed that 70% of those who come to our museum are local residents, demonstrating the value we provide in an area with few heritage attractions. To broaden our reach, and with our own premises too small to display more than a fraction of our collection at any one time, we have created packaged exhibitions to tour galleries and museums in the UK and overseas. This will enable more people to experience Morris’s works first hand, helping fulfil our charitable aims.
Bequests, including a Rossetti Chair, were added to our collection and we were delighted to be able to lend a large oak table to Kelmscott Manor for their display.
Opportunities for improvement in collections care and management were identified and a Collections Care Manager joined us early in 2024, to ensure robust processes to protect and share our collection are in place and acted upon.
An entry fee of £3.50 to the museum was introduced on a one-year trial basis in mid-September, with Society members, local residents and under 16’s continuing to benefit from free access. Visitor numbers declined when the charge was first introduced but have now recovered. Proceeds from the fees will help further our work caring for our collection, mounting more vibrant exhibitions and reinvigorating our onsite schools’ programme.
ANNUAL REPORT | 2023 | 5
Below: The Photojournalism Hub exhibition
1,534 people attended the 26 in-person and online talks we delivered
Education, Events & Outreach
==> picture [539 x 173] intentionally omitted <==
1,534 people attended the 26 in-person and online talks we delivered during the year. A modest charge for non-members was introduced for our accessible, daytime ‘Coffee with the Curator’ talks, with no adverse impact on attendance. Monthly, evening online talks with guest speakers continued to be well attended, and for those wishing to schedule when to access our talks our YouTube subscribers reached 332 with 1,392 views during the year. External in-person talks, including in Bradford, Hull, Luton Hoo and Manchester, helped us to reach new audiences and our members beyond the M25. In November Lawrence Llewelyn Bowen delivered our Kelmscott Lecture, speaking with verve and vigour about the influence of Morris’s work on late 20th to early 21st century interiors, to great acclaim.
We were delighted to join London Luminaries in autumn – a heritage network that delivers public talks by member organisations, who share the proceeds between them. By promoting each other’s speakers, it helps us to reach new audiences and gives our members and followers access to a wider range of events.
Three intern placements enabled us to share our knowledge of research, museum management and collections care, whilst benefitting from their fresh perspective and enthusiasm. We welcomed 76 visits to our library and five visits to our archives with researchers from institutions including Birkbeck, the Courtauld and Cambridge University, Tsinghua University in Beijing, the Sorbonne, Paris, and several institutions in the USA, alongside local researchers and enthusiasts. As well as providing access to valuable material, we provide quiet study space for scholars, helping forge strong links and to foster future collaborations.
We were pleased to continue our participation in both London Open Gardens and the Totally Thames festival, staging special events for each, and to provide our full support to Hammersmith and Fulham’s bid to be the 2025 London Borough of Culture. Through the latter, we have built stronger ties with other organisations locally, to help build a more coordinated and integrated approach to attracting visitors from further afield.
254 people attended 6 workshops and 24 Art Classes at Kelmscott House. These ranged from family workshops in glass painting and printing, to embroidery classes for adults and hosting term-time Saturday Art Classes for teenagers and young adults. We conducted 14 guided tours of our museum and collection, for 192 people from local organisations and clubs, as well as organisations from New York, Florida and Australia. For one of our tours, Clink Restaurants – a charity that provides training in catering for those within the prison system – provided the cakes and pastries, to the delight of all.
Engagement initiatives included a partnership with Fine Cell Work – a charity working with long- term prisoners through developing embroidery skills – providing them with designs by William and May Morris. We provided exhibition space to Photojournalism Hub, an organisation that teaches photography skills to older people facing health challenges, as well as hosting an exhibition of works by adult learners at the MacBeth Centre, which has now become a joyous annual collaboration.
ANNUAL REPORT | 2023 | 6
‘I enjoy my membership and the quality of publications is very good.’ Feedback from a Member
Below left: The William Morris Society Library Below right: The Coach House, Kelmscott House
Membership
==> picture [355 x 227] intentionally omitted <==
==> picture [171 x 228] intentionally omitted <==
A rise in membership subscription rates, implemented by Trustees in response to weak 2022 performance, came into effect in April 2023. To mitigate the negative impact on our members, the option for individual members to pay by monthly Direct Debit was introduced, helping spread the costs over the year. A new pricing structure to redress the imbalance between individual, institutional and corporate membership fees was also introduced, to align charges with affordability.
A membership management system review in March revealed that numbers were 22% lower than previously thought. Data errors were corrected, with the system now providing a solid platform for efficient membership processing and for measuring future growth.
The appointment of a dedicated Membership Manager, focussed on raising numbers and delivering membership benefits, resulted in an 8% growth in membership, despite a challenging economic environment and against the trend in the sector as a whole. Supporter Level membership, which provides additional income to the Society in return for enhanced member benefits, saw particularly strong growth and now represents 5% of our supporter base overall. An initiative to drive member recruitment through the provision of small joining gifts proved a great success.
The anomaly between stagnant subscription revenues reported in these accounts against membership growth and rising membership fees was due to the promotion of three-year institutional membership deals in late 2022. The mismatch should resolve by end 2025.
A Member Survey showed high satisfaction levels with strong demand for regional networks, to enable the 80% of our members who do not live within the M25 to attend in-person events closer to home. Discussions are underway with two pilot groups, and we hope that more members will come forward in 2024 to establish regional hubs.
-
Renewed focus was given to delivering member benefits, and to differentiating our offering to members and non-members. These included: • discounts on our talks and events and free access to our online daytime ‘Coffee with the Curator’ talks, for which non-members are now charged
-
• discounts at our museum and online shops with exclusive alerts of special offers
-
continued free access to the museum, for which other non-Hammersmith residents are now charged
-
copies the bi-annual Journal of William Morris Studies and tri-annual Magazine , delivered free to their door.
ANNUAL REPORT | 2023 | 7
The tri-annual Magazine saw advertising revenues increase by over 80% year-on-year
Below left: Bequests of three library collections enabled us to improve our library Below right: The William Morris Society publications
Donations & Grants
Communications
==> picture [354 x 151] intentionally omitted <==
==> picture [170 x 151] intentionally omitted <==
Proceeds from grants and donations were £21,506, representing a considerable contribution towards the cost of our charitable work, especially in the local community. Hammersmith & Fulham Borough Council increased their grant, which helps fund an assistant curator to work on our education and outreach programmes for local schools and groups. The funds also enabled us to provide free exhibition space at our museum for two local arts organisations: Photojournalism Hub and the MacBeth Centre.
Cash donations from visitors declined after the introduction of the entry charge, but the drop in donations was more than offset by the entry fee income. The introduction of an online donation machine in the museum proved successful, with the added benefit that less cash is kept on site, making it safer for our staff and front-of-house volunteers.
Bequests of three library collections enabled us to improve our library for the benefit of researchers and provided a boost to proceeds from cash donations as, with the prior agreement of donors, books that were duplicate were put into our second-hand book sale, raising over £1,000 during the year. Financial donations from our members have helped us to undertake urgent repair work to key items in our collection.
A communications review was undertaken in Spring to ensure that accurate and informative messages reach our diverse audiences in forms that suit both the recipient and the content. We continue to use multiple channels, with members and non-members E-Newsletters, two hard-copy members publications, as well as our website, social media and the support of our volunteer press officer.
The tri-annual Magazine , with a circulation of over 760, saw advertising revenues increase by over 80% year-on-year, helping to offset production costs of this well-read and well-loved publication. The editor of the Society’s bi-annual academic, peer-reviewed Journal of William Morris Studies departed just five months into the role, but the autumn edition was delivered through the considerable efforts of the in-house team, rallying their academic contacts to produce possibly the best edition for some time, with trustee Michael Robertson stepping in on a temporary basis as acting editor. A more experienced editor will now take the Journal forward and we continue to seek a volunteer Reviews Editor to work with her. The Journal has a total international circulation of over 1,100.
A website redesign began in autumn and will launch in May 2024, with a dedicated Members area. The site will be more visually pleasing, with improved functionality, better navigation, and a more intuitive layout. The project was delivered on time and on budget. A temporary Social Media volunteer helped us to reach over 27,300 Instagram followers, 10,000 Facebook followers and 8,400 people on X (formerly Twitter). Consistent CTA’s delivered impressive results, with greater levels of engagement, successful calls for volunteers and a rise in younger memberships. We continue to look for her replacement.
ANNUAL REPORT | 2023 | 8
‘The Society is such a great cause and I’m happy to help in any way I can!’ Feedback from a volunteer
Below left: Open Garden 2023 Below right: Embroidery workshop
Commercial activities
Volunteers
==> picture [355 x 305] intentionally omitted <==
==> picture [171 x 303] intentionally omitted <==
The Society undertakes certain commercial activities, the surplus generated from which is entirely reinvested into our charitable work. These fall into two main categories – retail and licensing – and formed the engine for improved financial performance during the year. The growth in both areas was triggered by a flight to quality, in terms of a more professional approach to stock control and contract management, as well as the type of businesses we partner with and the items they produce. Reopening our online shop provided a small additional income stream, which we expect to grow over the next few years in line with market trends.
The Society could not continue our work without the help of our very capable, knowledgeable volunteers. We are grateful for their steadfast commitment and exceptional generosity in giving freely of their time and skills. Our bank of volunteers has grown from just 12 to over 34, thanks to the hard work of our Volunteers Manager.
This has enabled us to produce our two members publications, manage our library and office, accommodate informative educational tours, deliver our workshops and classes, tidy up our garden ready for it being made accessible to the public in 2024 and to open our museum to the public on Thursday, Saturday and Sunday afternoons. In return, we offer training in retail skills, the opportunity to learn how to lead a guided tour and a programme of visits to other heritage sites. It is to them and to our small staff team that we owe much of this year’s success. Thank you!
ANNUAL REPORT | 2023 | 9
Financial Report
Treasurer’s Report
Ian observes in the Chair’s Report that 2023 has been a positive year with regards to our financial position – this is now my eighth financial report to members and there have not have been many that started on such a positive note! From a purely operational perspective, we were very close to breaking even for the year. In addition to that, our investment returns have helped us to achieve a net surplus for the year of £47,128 (2022: loss of £61,111).
Whilst our overall result will always remain subject to the whims of global financial markets, our staff and volunteers should take pride in the positive operational performance for the year. Specifically, as Ian notes in his review, 2023 saw a range of positive developments – introducing new income streams (the museum now charges for entry which has seen a notable increase in revenue versus the previous voluntary donation approach) and enhancing existing revenues (e.g. a more professional and rigorous approach to licensing activity, and enhancements to our retail offering). In this regard, I must acknowledge the significant contribution of our new Chief Executive, Claudia Suckling, and I look forward to seeing these developments continue to bear fruit in 2024 and beyond.
Notwithstanding this optimism, we continue to be reliant on the ongoing support of our members and donors. I will again take this opportunity to remind members that your annual subscriptions cover only the costs of printing, and postage, and administration of the membership. We would like to encourage our members to also become donors, and to support the Society to maintain our various outreach activities described elsewhere in these pages. You can do this by adding an increment to your subscriptions, or via one-off donations on the website. If you are a UK tax payer, we can also claim gift aid on the whole amount of your subscriptions and donations as long as we have the appropriate Gift Aid declarations in place.
At 31 December 2022 the Society’s Funds totalled £795,656 (2022: £749,997). The Society’s Reserves policy has been reviewed again in 2023 and we continue to set our minimum reserves requirement at £100k, which represents 6 months’ operating costs as well as provision for certain exceptional expenditures. Whilst the reserves balance at 31 December 2023 sits well above this at £785k (calculated as net assets less tangible fixed assets), we continue to regard the investment of the bulk of the proceeds of the sale of the long lease on the Coach House flat (£500k) as ‘long term investments’ which will provide ongoing income to support the Society’s activities. The Trustees are satisfied this approach to our managing our reserves remains consistent with the long term goals of the Society.
`The vast majority of the Society’s assets exist as liquid investments which are intended to produce a positive return to support the operation of the Society and our charitable objects. As in the previous year, and in line with our investment policy, our investments are deployed in a diverse portfolio of ethical investments which is managed by Evelyn Partners, a highlyrespected investment manager. In 2023, our investments performed well and yielded return of £51,680 (2022: loss of £34,146). Whilst the portfolio is targeted to provide a positive real return, the Trustees accept that the value of our investments is subject to short term fluctuations. When viewed across a longer time horizon like this, and when compared with relevant benchmarks, the Trustees are satisfied with the investment performance. The Trustees monitor investment returns at each meeting and remain supportive of our current investment policy.
Finally, I reiterate my respect and appreciation for the excellent work of our Finance Manager, Penny McMahon. Throughout the year, Penny has continued to provide high quality information and commentary to the Trustee Board, and her input is highly valued in our meetings.
Andrew Gray Treasurer, The William Morris Society
ANNUAL REPORT | 2023 | 10
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2023
| Unrestricted funds | Restricted funds | 2023 Total | 2022 Total | |
|---|---|---|---|---|
| INCOMING RESOURCES | (£) | (£) | (£) | (£) |
| From generated funds | ||||
| Voluntary income | ||||
| Subscriptions | 27,388 | 27,388 | 29,174 | |
| Grant from Hammersmith & Fulham Borough Council | 16,320 | 16,320 | 15,000 | |
| Other grants | 1,000 | |||
| Guided tours | 2,195 | 2,195 | 1,209 | |
| School visits | 660 | |||
| Coach House hire | 1,840 | 1,840 | 1,210 | |
| Licensing | 34,502 | 34,502 | 14,239 | |
| Embroidery and textile workshops | 96 | 96 | 1,204 | |
| Sustainer Scheme | 5,680 | 5,680 | 5,353 | |
| Other donations | 6,679 | 6,679 | 2,527 | |
| Activities for generating funds | ||||
| Surplus from sale of books, cards etc | 12,964 | 12,964 | 6,880 | |
| Surplus from meetings and events | 4,995 | 4,995 | 5,448 | |
| Exhibition sponsorship | 2,500 | 2,500 | ||
| Visitor entry fees | 2,368 | 2,368 | ||
| Investment income | ||||
| Deposit account interest | 430 | 430 | 99 | |
| Insurance Claims Settlements | 177 | 177 | 7,751 | |
| Total incoming resources | 118,134 | 118,134 | 91,754 | |
| RESOURCES EXPENDED | ||||
| Charitable activities | ||||
| Magazine and Journal | 17,894 | 17,894 | 18,911 | |
| Support costs | 75,585 | 75,585 | 71,485 | |
| Kelmscott House upkeep | 15,480 | 15,480 | 14,990 | |
| Conservation & Education | 4,295 | 4,295 | 4,346 | |
| Sustainer Scheme | 190 | |||
| Governance costs | ||||
| Trustees’ expenses | 1,416 | 1,416 | 551 | |
| Professional fees | 8,016 | 8,016 | 6,026 | |
| Other resources expended | 1,449 | 1,449 | 2,230 | |
| Total resources expended | 122,686 | 1,449 | 124,135 | 118,729 |
| Net incoming resources | (4,552) | (1,449) | (6,001) | (26,975) |
| Other recognised gains/losses | ||||
| (Loss)/Profit on revaluation of investments | 51,680 | 51,680 | (34,136) | |
| Net movement of funds | 47,128 | (1,449) | 45,679 | (61,111) |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward at 1January2023 | 730,524 | 19,453 | 749,977 | 811,088 |
| Total funds carried forward at 31 December 2023 | 777,652 | 18,004 | 795,656 | 749,977 |
| BALANCE SHEET AT 31 DECEMBER 2023 | ||||
| Unrestricted funds | Restricted funds | 2023 Total | 2022 Total | |
| FIXED ASSETS | ||||
| Tangible Fixed Assets | 10,234 | 10,234 | 10,886 | |
| Intangible Fixed Assets | 9,767 | 9,767 | ||
| Investments | 705,128 | 705,128 | 653,448 | |
| 725,129 | 725,129 | 664,334 | ||
| CURRENT ASSETS | ||||
| Stocks | 7,305 | 7,305 | 11,592 | |
| Debtors | 28,558 | 28,558 | 11,950 | |
| Cash in bank and in hand | 20,746 | 18,004 | 38,750 | 66,743 |
| 56,609 | 18,004 | 74,613 | 90,285 | |
| CURRENT LIABILITIES | ||||
| Amounts falling due within one year | (4,086) | (4,086) | (4,642) | |
| NET CURRENT ASSETS | 52,523 | 18,004 | 70,527 | 85,643 |
| NET ASSETS | 777,652 | 18,004 | 795,656 | 749,977 |
| FUNDS | ||||
| Unrestricted Funds | ||||
| General Fund | 199,178 | 199,178 | 152,050 | |
| Kelmscott House Reserve | 568,058 | 568,058 | 568,058 | |
| Emberton Fund | 1,268 | 1,268 | 1,268 | |
| John Kay Memorial Fund | 1,425 | 1,425 | 1,425 | |
| Syer Bequest | 1,723 | 1,723 | 1,723 | |
| News from Nowhere | 1,000 | 1,000 | 1,000 | |
| Peter Preston Bequest | 5,000 | 5,000 | 5,000 | |
| Restricted Funds | ||||
| Life Members Fund | 1,918 | 1,918 | 2,318 | |
| Restricted Grants | 16,086 | 16,086 | 17,135 | |
| TOTAL FUNDS | 777,652 | 18,004 | 795,656 | 749,977 |
==> picture [49 x 51] intentionally omitted <==
The William Morris Society exists to promote greater knowledge and understanding of the life and work of one of the greatest men of the Victorian, or any, age.
Designer, craftsman, poet, and social campaigner: his ideas on how we might live better lives, on ecology and conservation, on politics and the place of arts in our lives remain as stimulating now as they were in his lifetime.
In order to enable us to deliver our charitable purpose and reach out to as many audiences as possible, we need wide and ongoing participation and financial contributions. Please consider making a donation or leaving a legacy to The William Morris Society.
For more information, please contact the Society office or visit the Support Us page on our website.
www.williammorrissociety.org
==> picture [129 x 57] intentionally omitted <==
==> picture [70 x 67] intentionally omitted <==
ANNUAL REPORT | 2023 | 12
THE LLIAm MORR18 SOCIETY REPORT OF ThE TRU8TEE8 AND FINANCIAL 8TATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
4b)12
totsW£17INf4022.' E18J11lwtr0uwolKelntrI1wxot0*E1&•1o{2Q2z'£I4.B9D>.
145 ISI 2011 eASI8OVIMDenNDEMTSXAMWlmSTATIIIENT 2011 AdM¥•rd b••n TWrtyton
a174
X19D 11 11 PI,13N) ,11 e11,WJ
10 1767 7K128 7Q&128 712 7U120 i¥ 2Q748 74) 74613 14 14J2 $2J 749 1¢ 10h16 IOAIS IOA 11A i#AgJ TaialFwdB bsaA
¢FR$ 102l•xftrfyCknttBArt21.
18nWaUCMrUroth20 doi•yknoftsudw)YothBrbrwulBrf#B
Toiil Toi41 IS27 15.IMD Tot•1 OU8dT 1195 2.10S 1210
171 7J61 17 18318 S51
Numlw 020 12 OAD NrriMCQMIIIIWlMM¥Ill0IllI40l1Rcll ¢tsrwtrth•y•JT AtJl
17 NBTBO(X(VAUIE 128 741 17
1 J•Tr*X¥ 1.72$ 102NQ 47.121 M171 1,•11 14•> IQTALPUII 189114 16,138 18 TOTALRThD•
THE LLIAm MORR18 SOCIETY REPORT OF ThE TRU8TEE8 AND FINANCIAL 8TATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
4b)12
totsW£17INf4022.' E18J11lwtr0uwolKelntrI1wxot0*E1&•1o{2Q2z'£I4.B9D>.
145 ISI 2011 eASI8OVIMDenNDEMTSXAMWlmSTATIIIENT 2011 AdM¥•rd b••n TWrtyton
a174
X19D 11 11 PI,13N) ,11 e11,WJ
10 1767 7K128 7Q&128 712 7U120 i¥ 2Q748 74) 74613 14 14J2 $2J 749 1¢ 10h16 IOAIS IOA 11A i#AgJ TaialFwdB bsaA
¢FR$ 102l•xftrfyCknttBArt21.
18nWaUCMrUroth20 doi•yknoftsudw)YothBrbrwulBrf#B
Toiil Toi41 IS27 15.IMD Tot•1 OU8dT 1195 2.10S 1210
171 7J61 17 18318 S51
Numlw 020 12 OAD NrriMCQMIIIIWlMM¥Ill0IllI40l1Rcll ¢tsrwtrth•y•JT AtJl
17 NBTBO(X(VAUIE 128 741 17
1 J•Tr*X¥ 1.72$ 102NQ 47.121 M171 1,•11 14•> IQTALPUII 189114 16,138 18 TOTALRThD•