THE KEW SOCIETY (A Charltable Incorporated Organlsatk>n) Charlty number: 1173016 THE KEW SOCIETY (A Charltable Incorporated Organlsatlon) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 THE KEW SOCIETY (A Charltsble Incorporated Organlsatlon) Rgfarnnco and admlnl8tratlv• d8tall• of tho charlty, fts truste•8 and bankorn Tru•t••s' report Indepondont Examlnor's Roport Statem•nt of financlal actlvltle• Balanc• •h••t Notm to the flnanclal ststom•nts 8-12 THE KEW SOCIETY (A Charltablo Incorporated Organlsatlon) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 Trustees C Bethel (resigned 17 October 2023) J Clark N Dennehy (resigned 17 October 2023) M Dona V Harper (resigned 17 October 2023) R Hayes (apFointed 17 October 2023> J Lumbers (appjinted 17 October 2023; reswJned 31 July 2024) D Ormond J Ricketts A shacklet￿ (reslgned 17 October 2023) SA Willlams SP Willlams Charity Registered Number offi￿rA Chair Vlce TRUSTEES. REPORT (¢ontlnued) FOR THEYEAR ENDED 31 JULY 2024 TRUSTEES. RESPONSIBILITIES STATEMENT The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), The Charities Act 2011 requlres the Trustees to prepare a statement of account8 for each financial year. Under The Charities Act 2011 the Trustees must not approve the statement of accounts unless they are satlsfied that they give a true and fair view of the state of affairs of the Charitable Incorporated Organisation and of the incoming resources and application of resources, Including the income and expenditure, of the Charitable Incorporated Organisation for that period. In preparing the ststement of account, the Trustees are required to.. select 8ultable accountlng polici88 and then apply them con818tently'. observe the method8 and pdnclples In the Charitles SORP; make Judgments and accounting estlmates that are reasonable and prudenL state whether applicable accounting 8tand8rd8 have been followed. subject to any m8terlal departure8 that must be dlsclosed and explalned in the financl81 ststements prepare the financlal statements on the golng concern basis unless11 Is Inapproprlate to presume that the Charitable Incorporated Organisation will continue in operation. The Trustees are responslble for keeplng adequate 8ccountlng records that are sufficient to Show and explain the Charitable Incorporated Organisation's transactions and disclose with reasonable accuracy at any tlme the financial posltion of the Charitable Incorporated Organisation and enable them to ensure that the statement of accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charitable Incorporated Organisation and hence for tsking reasonable steps for the prevention and detection of fraud and other Irregularitles. was approved by the Trustees on 27 September 2024 and slgned on thelr behalf by: Thls repo S P Wllllam8 Trustee THE KEW SOCIETY (A Charltable Incorporated Oryanlsation) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE KEW SOCIETY FOR THE YEAR ENDED 31 JULY 2024 I report on the aGcounts for the year ended 31 July 2024. RHpocllvo r•Spon￿bIlItIeS of trustws and •xamln•r The chartys trustees are responsible for the prepardtion of the accounts. The charity's trustees consider that an audlt is not required for this year under sectlon 144 of the Charitles Act 2011 (tha Charities Act) and that an independent examination is needed. It Is my responsibility to: examine the accounts under section 145 of the Charities Act. to follow the procedures laid down In the general Dlrections given by the Charity Commlsslon (under 8e¢tlon 145(5){b) of the Charities Act. and to 8tate whether particular matters have come to my attentlon. Ba•1• of Ind•p•nd•nt •xamln•rf• stat•m•nt My examlnatlon was carrled out In accordance wlth general Dlrectlons glven by the Charlty Comm18slon. An exarnination includes a review of the accountlng reC￿rdS kept by the charlty and a comparfson of the accounts presented wlth those records. It also Include8 consideratlon of any unusual items or disc108ure8 In the accounts, and seeking explanations from the trustees concernlng any such m8tter3. The procedures undertaken do not provide all the evidence that y￿uld be required in an audit, and consequently no opinlon Is given as to whether the accounts present a 'true and falrf vlew and the report Is limited to those matters set out In the staternent below. Ind•pend•nt •xamln•rf• •tat•Thnt In connection with my examination, no matter ha8 come to my attentlon l . whlch gives me reasonable cause to believe that, In any material respect, the requirements: to keep accounting records In accordance with sectlon 130 of the Charitles Act; 8NI to prepare accounts whlch accord wlth the accountlng records and comply with the accountlng requirements of the Charities Act have not been met.. or to which, in my opinion. attention should be drawn in order to enable 8 proper understanding of the accounts to be reached. Claire Satow. Chartered Accountsnt 4 The Avenue Richmond Surrey TW9 2AJ z7 September 2(Y24 THE KEW SOCIErY (A Charltable Incorporatod Oryanlsatlon) STATEMENT OF FINANCIAL ACTIVITIES (Incorporatlng Incomo and expendlture account) FOR THE YEAR ENDED 31 JULY 2024 Restrict8d Unrestn'ct8d funds funds Total funds Total funds 2024 2024 2024 2023 Note INCOME FROM Membership Subscriptions and donatlons Other income TOTAL INCOME 7.271 7.271 6.824 137 137 11,302 11,439 10,206 EXPENDITURE ON Charftsble activltles Governance costs TOTAL EXPENDITURE 11,584 11,584 10.003 11,584 11,584 10,003 NET INCOME BEFORE OTHER RECOGNISED GAINS AND LOSSES Transfers between funds 137 (282) 1145) 203 (137) 137 NET MOVEMENT IN FUNDS (145) (145) 203 Total fund8 brought fO￿ard 15.000 17,848 32,848 32,645 TOTAL FUNDS CARRIED FORWARD 15,000 17,703 32,703 The not08 on pages 8 to 12 forni part of these financial state￿nts. THE KEW SOCIETY (A Charltable In¢orporatsd Organlsatlon) BALANCE SHEEr AS AT 31 JULY 2024 2024 2023 Notes CURRENT ASSETS Debtors and prepayrnents Stock of postage stsmps Cash at bank and in hand 1.497 366 1,555 936 31.837 33,700 31,285 33,776 CREDITORS: amounts falllng due within one year (881) (720) NET CURRENT ASSETS 32,819 33,056 CREDITORS: amounts falllng due after more than one year (116) (208) 32.703 32,848 NET ASSETS CHARITY FUNDS Restrlcted funds 10 15.000 15,000 Unrnstricted fund8 10 17.703 17,848 TOTAL FUNDS 32,703 32,848 The Trustees conslder that the charity is entitled to exemptlon from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ('the Act.) and members have not required the charity to obtain an audlt for the year in questlon in accordance with section 476 of the AL%, The Trustees acknowledge their responsibilities for complying with the requirernents of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. statements vftre approved and authorlsed for issue by the Trustees on 27 September 2024 on their behalf, by: The financi and signe S P Wllllams Trustee The notes on pages 8 to 12 fonn part of these financial statemerrts THE KEW SOCIErY (A Charltable Incorporated Organlsatlon) NOTESTO THEFINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 ACCOUNTING POLICIES 1.1 8asl8 of preparatlon of flnanclal 6tstom•nts The financlal statements have b8en prepared in accx)rdance with Accounting and Reporting by Charities.. Ststement 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 2015) (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charitlas Act 2011. The Kew Society meets the definition of 8 public b6neflt 8ntity under FRS 102. Assets and Ilabilltles are initially recognised at historical cost or transaction value unless othepNi88 Stated in the relevant accountlng policy. 12 Golng conc•m There are no materlal uncertaintles about the Charity's abillty to contlnue, and so the golng concem basls of accountlng has been adopted. 1.3 Fund accoilntlng General funds are unrestricted funds which are avallable for use at the dlscretlon of the Trustee8 In fijrtherance of the general objectives of the charity and whlch have not been designated for other purFK)ses, Restricted funds are available only for the purposes for whlch they have been created. 1.4 In¢om• Income from membership subscriptions and donations Is Included In the statement of financial activities when these are receivable, except as follows: members and donors specrfy that fees and donations given to the charlty must be used in future accounting periods, the income is deferred until those periods, W￿n donors impose conditions, which have to be fulfilled before the Trustees become entitled to use such income. the income is deferred and not included In incoming resources until the pre-conditions for use have been ffet. All other incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliabilty. 1.5 Expondlturn ExperKliture on charitable activities and govemance costs are accounted for on an accruals basis. 1.6 Taxatlon No provision for taxation is induded in the accounts as the Charity is entitled to exemption from tax. THE KEW SOCIETY {A Charltal)1g Incorporat•d Organlsatlon) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 ACCOUNTING POLICIES {contlnuod) 1.7 Flnanclal In•trumonts The charity only has financlal assets and financial liabilitles of a kind that quallfy as basic flnancial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. VOLUNTARY INCOME Re8tricted funds 2024 Unrestricted funds 2024 Totsl fund8 2024 Totsl funds 2023 Memb8r8hip 8ub8CriPtion8 Donatlon8 6,680 591 6,680 591 6.362 462 Total 7,271 7.271 6.824 OTHER INCOME Restricted funds 2024 Unrestrlcted funds 2024 Total funds 2024 Total funds 2023 Glft Aid Surplus on self funded events Interest Total 1.365 2,030 636 1,365 2.030 773 1.409 1.321 652 137 137 4.031 4,168 3.382 THE KEW SOCIETY (A Charltsble Incorporated Organlsatlon) NOTESTOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 EXPENDITURE BY CHARITA8LE ACTIVITY Restricted funds 2024 Unrestricted funds 2024 Total funds 2024 Total funds 2023 Donations Memberships subscriptlons Printing and stationary S¢xiety unfunded events Gardening Postage In8urance Website Clrcular Walk Bank charges Sundry Provision for renewal of Plaza Notlceboard Total 1,694 185 1.173 1.108 1,354 570 147 4,370 1,694 185 1,173 1,108 1.354 570 147 4,370 1,730 185 1,589 1,804 891 976 198 146 3,378 20 23 960 23 (1.000) 10.003 11.584 11.584 GOVERNANCECOSTS Restricted funds 2024 Unrestricted funds 2024 Total fund8 2024 Total funds 2023 Fe89 of Independent Examlner Total TRUSTEES, REMUNERATION None of the Trustees (or any persons connected with them) received any remuneration from the Charty during the year. There were no employees during the year. 10 THE KEW SOCIETY {A Charltablo Incorporated Organl8atlon> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 DEBTORS 2024 2023 Glft Ald Other debtors and prepayment8 Total 1,340 157 1,408 147 1,497 1,555 CREDITORS: Amounts falllng du• wlthln one y•or 2024 2023 Subscriptions pald in advance Other creditor8 138 743 194 526 Total 720 CREDITORS: Amount• talllng duo aft•r mor• than ono y•ar 2024 2023 Sub8crlption8 paid In advance Totsl 116 208 116 208 11 THE KEW SOCIErY (A Charltable Incorporatsd Organlsatlon) NOTESTOTHEFINANCIALSTATEMENTS FOR THE YEAR ENDED 31 JULY 2024 10. STATEMENT OF FUNDS Restricted Unrestrlcted funds funds 2024 2024 Totsl 2024 Total 2023 Brought forward Surplusl(Loss) for the year Transfer between funds Carrled forward 15,000 137 137 17,848 (282) 137 32.848 (145) 32,645 203 15,000 17,703 32,703 11. ANALYSIS OF NET ASSETS BETWEEN FUNDS Restrlcted Unrestrfcted funds funds 2024 2024 Total 2024 2023 Current assets Creditors due with one year Creditors due after more than one year Totsl 15,(X)O 18.700 {881) 116 33,700 (881) 116 34.776 (720) 208 15,000 17.703 32,703 32,848 12