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2024-12-31-accounts

Trustees' Annual Report for the period

Trustees' Annual Report for the period Trustees' Annual Report for the period Trustees' Annual Report for the period Trustees' Annual Report for the period Trustees' Annual Report for the period Trustees' Annual Report for the period Trustees' Annual Report for the period Trustees' Annual Report for the period
From Period start date T
o
Period end date
1st Januar
y
20
24
31st Decemb
er
2024

Section A Reference and administration details

Charity name Folkestone Art Society Other names charity is known by FAS Registered charity number (if any) 1161336

Charity's principal address 2 Douglas Avenue Hythe Kent Postcode CT21 5JT

Names of the charity trustees who manage the charity

Name of person (or body) entitled to appoint trustee (if any)

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Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Constitution dated 20[th] April 2015 How the charity is constituted Charitable Incorporate Organisation (CIO)

Trustee selection methods (1) Election by Members of the CIO at the Annual General Meeting (AGM) and (2) co-option by existing trustees subject to ratification at the following AGM.

Additional governance issues

The Folkestone Art Society (FAS) became a registered charity on 20[th] April 2015.

You may choose to include additional information, where relevant, about:

The FAS is managed by its elected officers who also serve as the Society’s trustees.

Section C Objectives and activities

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Summary of the objects of the
charity set out in its
governing document
Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
The objects of the Society are:
(1)the fostering, promotion and increase amongst the general public
of the knowledge and appreciation of art by, in particular, the
provision of:
(a) education (of all types and at all levels) in the fields of the visual,
creative and applied arts;
(b) public exhibitions of art including but not limited to painting,
sculpture and ceramic arts;
(c) studios, galleries and other places where art may be practised,
created or exhibited; and
(2) for the public benefit to promote and encourage high standards in
the visual, creative and applied arts including, but not limited to:
(a) among young people under the age of 21 in full time education
within, but not limited to, Folkestone and the surrounding district, in
such ways as the charity trustees think fit, including but not limited to
the award of grants, prizes, scholarships, bursaries and maintenance
allowances.
(b) among individuals, institutions and other organisations within, but
not limited to, Folkestone and the surrounding district through the
sharing of knowledge and expertise, technical and consultancy
advice and support and such other forms of assistance as the charity
trustees think fit including opportunities to create, exhibit and sell art.
The trustees have had regard to the guidance of the Charity
Commission on public benefit. The main activities undertaken in 2022
for the public benefit and in furtherance of the Society’s charitable
objectsinclude:

Mounting two art exhibitions of work by local artist that were
free to enter for the general public.

Running free demonstrations/workshops and subsidised
‘master-classes’ related to the visual arts, which were open to
the public.

Organising the annual “Folkestone Art Society Gloria Gordon
Award for Young People’s Sketch Books” for young artists
studying for a recognised qualification in art at schools and
colleges within Folkestone and the surrounding district.
Working with other arts based organisations and individual artists
within Folkestone and the surrounding district, promoting and
encouraging involvement in the visual arts.

Additional details of objectives and activities (Optional information)

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You may choose to include further statements, where relevant, about:

The Society runs as a cooperative voluntary venture with volunteers serving on the committee as trustees, organising and stewarding art exhibitions, editing and producing the annual ‘Art Review’ and other publications, organising art demonstrations and workshops and liaising with schools and colleges to organise the annual FAS Gloria Gordon Award.

The Society has no paid staff.

Section D Achievements and performance

Summary of the main achievements of the charity During 2024 the Society: during the year

Section E Financial review Brief statement of the The Society’s policy is to maintain sufficient reserves to underwrite its charity’s policy on reserves exhibitions and to fund new initiatives for the public benefit that further the charitable objectives of the Society. Details of any funds None materially in deficit

Further financial review details (Optional information)

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Youmay chooseto include
additional information, where
relevant about:

the charity’s principal
sources of funds (including
any fundraising);

how expenditure has
supported the key
objectives of the charity;

investment policy and
objectives including any
ethical investment policy
adopted.
The Society’s principal sources of funding are member subscriptions,
donations, artists submission fees for exhibitions and commission on
art sales.
These sources of funding support the delivery of art exhibitions which
are free to enter for the public, free demonstrations and workshops for
the public benefit, the publication of the annual Art Review with local
artists work and the cash awards made to the winners of the
“Folkestone Art Society Gloria Gordon Award for Young Artists Sketch
Books” in the GCSE and ‘A’ Level categories.
The primary expenditure of the Society is on the hire of accommodation
for art exhibitions, storage facilities, room-hire and expenses for
workshops and demonstrations and on art related publications.
Expenditure for the Folkestone Art Society Gloria Gordon Award,
including the cash awards made to winners, is fully covered by
donations given for the specific purpose of encouraging young artists
through the award scheme.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) DW

Full name(s) Diane Lynn Wilson Position (eg Secretary, Secretary Chair, etc)

Date 8th February 2025

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Folkestone Art Society Final Accounts 2024

Folkestone Art Society Final Accounts 2024 Folkestone Art Society Final Accounts 2024 Folkestone Art Society Final Accounts 2024 Folkestone Art Society Final Accounts 2024 Folkestone Art Society Final Accounts 2024 Folkestone Art Society Final Accounts 2024 Folkestone Art Society Final Accounts 2024 Folkestone Art Society Final Accounts 2024
2024 2023
Income Expenses Results Results
Membership Subscriptions 3,150 3,250 2,760
Masterclasses, workshops 1,795 1,982 (1) -187 165
Spring exhibition 2,737 2,303 434 252
Autumn exhibition 7,231 6,894 337 627
Gloria Gordon Award 1,200 651 549 16
PayPal charges 181 -183 -186
Secretariat + misc. 173 -173 -339
Website and marketing 108 -108
Insurance 96 -96 -505
Equipment bought/stock 728 -728 -3,002
Storage 662 -662 -756
debit paid 13 -13 40
credit next yr 100 -100
Interest 20 20
Donations +Gift aid 1,000 1,000 330
“Adopt a Panel” 200 60 140 1,600
_______ __ ______ __
Totals £17,332.20 £13,949.97 £3,479.93 £1,001.02
Lloyds
Treasurer acc.
Lloyds
Savings acc.
in Cashbox PayPal
balance
Total of funds
Opening balances 01/01/2024 £12,716.82 - £107.77 £403.19 £13,227.78
Closing balances 31/12/2024 £12,210.95 £3,769.69 £305.07 £422.00 £16,707.71
______
Net result over 2024 £3,479.93

(1) these expenses include the Hall hire for 2023 but not the hire for the last quarter of 2024. With that in mind the Masterclass results over 2024 are £203 positive.

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The Treasurer, Rob Lansman date :

I certify that I have checked the figures and the method used to produce them and find correct. Jane Muir 7 Whitehall Way, Sellinge Kent TN25 6ET date:

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