2020 Trustees Report for the Jewellery and Silver Society of Oxford (JASSO) CIO Charity Number 1184544
Prior to 2020 JASSO was run as Charity Number 272365. At the end of 2019 all of the assets and liabilities of that Charity were passed to this new Charity.
The year started well with a smooth transfer and in addition to all of the normal sessions, by early March we had run three 2-day Master Classes. However, we were then struck by the Covid-19 pandemic and the first lock-down. At the end of the lock-down we adapted the workshop to comply with the new regulations. A Perspex screen was erected down the middle of the workbenches, members had to wear face masks, use hand sanitiser, keep the place well ventilated and only share tools when essential. The class numbers were reduced to a maximum of 6 members. Activities resumed, but with fewer sessions as not all tutors were able to attend and fewer members as many were extremely cautious about returning. Throughout the summer and autumn numbers slowly grew and we even tried to run some Master Classes, although as it turned out only one actually ran. Covid restrictions meant that we were not able to arrange an AGM and we also had to cancel our biennial exhibition in Woodstock, anticipated for November. Then towards the end of the year we had to cease activity again because of the second lock-down.
The lower activity severely reduced our income. Meanwhile outgoings of rent, insurance and electricity were largely unchanged, although our landlord kindly agreed to a reduced rent towards the end of the period (continuing into the next year). Fortunately our members remained very supportive and the vast majority paid their annual subscriptions and whilst our financial reserves were significantly depleted they remain sound.
Jewellery and Silver Society of Oxford
Registered Charity No. 1184544
(Until 31/12/19 operated as Charity No. 272365)
Receipts and Payments Account 12 months to 1st Jan 2021
| Income Subscriptions and Donations 3,216 Workshop Fees 4,589 Surplus from Courses 367 Gift Aid Received - Sale of Surplus Metals, Tools and Other Income 93 Bank Interest 22 Surplus from Exhibitions - 8,288 Less Expenses Workshop Rent 9,652 Electricity 949 Insurance 989 Workshop Expenses 299 Plant and Equipment 425 Miscellaneous Expenses 376 (12,690) Surplus for the Year (4,403) £ 12 months to 01/01/21 £ |
9 months to 31/12/19 £ 3,448 8,366 993 611 2,188 38 - |
9 months to 31/12/19 £ 3,448 8,366 993 611 2,188 38 - |
|---|---|---|
| 7,406 517 769 151 2,817 270 |
||
| 3,714 £ |
Jewellery and Silver Society of Oxford
Balance Sheet as at 1st Jan 2021
| Assets Balance at Bank - Current a/c 1,658 - Deposit a/c 25,813 27,471 Less Liabilities Prepaid Masterclasses 1,000 Prepaid Subscriptions - Accrual for Electricity 500 (1,500) 25,971 £ Represented by: General Fund Balance at 1st Jan 2020 30,373 Surplus for the Period (4,403) 25,971 25,971 £ 01/01/21 |
31/12/19 5,012 27,791 2,130 - 300 |
|
|---|---|---|
| £ | 30,373 |
|
| 26,659 3,714 |
||
| £ | 30,373 |
The above Accounts have been prepared from the records held, and information given by the Treasurer and are certified to be in accordance therewith.
Treasurer Fred Wickens
Reviewing Accountant Alan French FCCA (retired)