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2024-04-05-accounts

FRIENDS OF THE BARGELLO “FOB” Charity Number 1166475 Trustees’ Annual Report for the period ending 5[th] April 2024

The Charity has had a challenging year as the Museo Nazionale del Bargello has been without a director since January 2024. The Museum is currently joining forces with another Florentine Museum, The Accademia, and the post for the director of both museums is still unfulfilled, with acting directors currently in place and Senior Curators carrying on the good work. This is a situation mirrored all over Italy as the 8 year tenures of museum directors came to an end and new positions need to be filled.

Notwithstanding this, the FOB has continued to attract funding. Unrestricted funds of £41,033 and restricted funds of £22,334 were donated to the FOB. The charity has very low committed costs which mainly relate to fundraising via events, administrative support, web development and other professional fees.

The year saw the large and important catalogue of the museum’s entire Maiolica collection finally being published by Allemandi paid for entirely by FOB restricted and unrestricted funding used for its completion. This is a major achievement as the updating and the production of the collection catalogues is a main part of our mission. This publication will be presented during the Florence Biennale in September 2024. The Wood Sculpture catalogue is nearer to completion, and we have restricted funds put aside for the translator fees and publication costs by Brepols. We are aiming for publication in late 2025/early 2026. The glass catalogue is slowly being written, and we expect an update later this year.

We have funds restricted funds held back which will likely be used to fund the refurbishment of the Salone di Donatello which is currently being overhauled and redecorated paid for by the Italian state and we anticipate that the FOB’s involvement will be for a new base for Donatello’s bronze figure of David (one of the main highlights), new didactic labels and panels and a possible contribution to the restoration of the marble floor.

In June 2023 we were able to offer a group of members and donors a private tour of the exhibition at Strawberry Hill, called Treasures from Faraway, Medieval and Renaissance Objects from the Schroder collection. This was at no cost to the FOB. In May 2023 we hosted a breakfast for donors and members at the Victoria & Albert Museum with a private tour of the Donatello exhibition which had been in Florence and Berlin, prior to London. This was at low cost to the FOB but was greatly appreciated by our members. Two dinners for patron members were held at the Bargello in September and October 2023. These dinners are held in the Museum courtyard and hire fees are waived for significant donors who pay for all other expenses. The dinners, of which the FOB is allowed three per year, have

proved to be successful fundraising tools and help to nurture future relationships as well as enhancing the experience of the museum for current generous donors.

While we await the position of the new director to be filled, we continue our work of raising awareness of the museum’s collection of exceptional, world class works of art, ensuring that current and future donors know that it is a museum of significant importance that needs support. We have been able to inform people of the work we have already achieved with the photographic archive, the new lighting in the Salone di Donatello, the climate controlled new case for the Pénicaud enamels, and the publication of the magnificent Maiolica catalogue. We are continuing to develop a project for an exhibition of Henry Moore sculpture at the museum, the possible commissioning of a catalogue of the jewelry collection and the search for a donor to catalogue the textiles currently held in the museum storage.

The Friends of the Bargello Registered address: Northwood House, 138 Bromham Road, Bedford MK40 2QW

Friends of the Bargello 1166475 Receipts and payments accounts CC16a For the period 4/6/2023 4/5/2024 To from

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts
Donations
41,033
Interest Received
91
-
-
-
-
-
-
41,124
-
-
Sub total -
Total receipts 41,124
A3 Payments
Bank Fees
266
Consultingand office expenses
17,364
Fulfillingcharitable objectives
9,312
Legal andprofessional
-
Foreign Exchange costs
-
Utilised Restricted Funds
-
Fundraising
417
-
-
Sub total 27,359
Loan
26,250
-
Sub total 26,250
Total payments 53,609
Net of receipts/(payments) - 12,485
A5 Transfers between funds
47,331
A6 Cash funds last year end
1,218
Cash funds this year end 36,064
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
22,334
-
-
-
-
-
-
-
22,334
-
-
-
22,334
-
-
-
-
-
28,110
-
-
28,110
-
-
-
28,110
- 5,776
- 47,331
73,952
20,845
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
63,367
91
-
-
-
-
-
-
63,458
-
-
-
63,458
266
17,364
9,312
-
-
28,110
417
-
-
55,469
26,250
-
26,250
81,719
- 18,261
-
75,170
56,909
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
63,367 40,983
91 105
- -
- -
- -
- -
- -
- -
63,458 41,088
-
-
-
-
- -
- -
- 63,458 41,088
-
-
-
-
-
-
-
-
-
-
266 115
17,364 16,406
9,312 8,246
- 7,200
- 256
28,110 44,719
417 2,583
- -
- -
55,469 79,525
-
-
-
26,250 -
-
26,250 -
- 81,719 79,525
- 5,776 -
-
-
-
- 18,261 - 38,437
- 47,331 - -
73,952 75,170 113,607
20,845 56,909 75,170

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on behalf
of all the trustees
Details
Details
Details
Details
Details
Loan
Signature
Andrew Russell
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
36,064
20,845
-
-
-
-
36,064
20,845
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
Unrestricted
103,603
-
-
-
-
Print Name
Andrew Russell
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Andrew Russell Andrew Russell 2/4/2025

(HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examine￿$ Report Report to the trustees Friends of The Bargello On accounts for the year ended 5. April 2024 Charity no lif any) 1166475 Set out on pages 1 to2 jfÈir&mbèi to IDclu<le the P<1 dJJ￿{¥03I %haei¢ I report to the trustees on my examination of the accounts of the above charity ("the Trust'l for the year ended 0510412024. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act"}. I report in resped 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 Chariiy Commission under section 145151(bl of the Act. Independent I have completed my examination. I confim that no material matters have examiner's Statement come to my attention in connection with the examination, 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 {Accounls and Reports) Regulations 2008 other than any requirement that the accounts give a Irue 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. Please delete the words in the brackets rf they do not apply. Signed: David Cox Date: 12th March 2025 Name: David A. Cox Relevant professional qualification{sl or body Ilf any): BA FCCA FCA Address: Cox & Co. (Accountancy) Ltd, The Granary, High Street, Turvey, Beds, MK43 8DB IER Oct 2018

Section B Disclosure Only complete If the examiner needs lo highlight material matters of con￿rn (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give hère brief details of any items that the examinerwishes to disclose. IER Oct 2018