THE ARTS SOCIETY SOUTE4 WEST LONDON THE ARTS SOCIEry SOUTH WEST LONDON The Trustee< Annual Report and Unaudited Accounts For the Year Ended 30 June 2024 THE ART3 SOCIErY soimi WEST LONDC TRUSTE￿ ANIIUAL REPI)RT AND ACCOUIIT8 FOR ThE YEAR ENDING 30 JUNE 2024 PAGE StJucture. knernan￿ and Manag￿t ObJects and Artivibe5 Flnancial Review PubfFC Benefit Statement of Trusteeg ResportslblllUes Statement of Flnan(ial kn4itses Balance Sheet li THE ARTS SOCIEfY SOUTH WEsf LONDON TRUSTEES. ANNUAL REPORT AIID ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 The Trustees present theirannual report and the finandal statements of The Arts Society South West London IYASSWL") fortheyear ended 30June 2024. The Charity was registered wlth the Charity Commi5Ston on 2 Septembw 2021. GENERAL REFERENCE AMDADMii4isfRATNE It4FORMATION Namé: 119571J) Prlnclpal Addres&" Email Address: 187 Sheen L3n4 London SW14 8LE theartssociety5wlondonwail.com Web*: Banker&' HS8C UL 67 George Stree¢ Rictimond, SurwTW9 IHG Gill Grvnwald Ichalrman) fjwen Hewitt ￿lce Chair) Kate Klrktand ITreasyrerl Fd¥ity Irlam (Secretsry) {rtrelected 13 November 2023} Winefrkle Bolton AEison Breathnach lappoirrted 13 November 20231 Jane Crang (r￿lected 13 November 2023) Ruth Dover Serrie MeakiM (appointed 13 Nobwiber 20231 lael Nelson {re-elected 13 November 20231 sTrucruRE, GOVERNAPKE AND MANAGEMEKr The Charity is Structur￿ as a CIO IAssociation model) and itsgo¥emin8 document is a ao constitution. The (harity is 8ovemed and managed by a Board of Trustees who receTve no payment for theirserv1￿ as Truslees. TheTrUSt￿ are elected by the membership at the Annual General Meeting. Each year one-thlrd of the trustees m￿t resign. but they are eligible for rtrelett10￿ The Arts Society south West London is an affiliate member ofThe Arts Society ITAS'I. The Arts Sodety isthe operating name of the National Assoaation of Decoratre and Fine Art5 Societies {NADFASI. 03JECtS ANO AcfMnES The objects of the Arts Sooety South WÉ¢ London are. forthe public benefit 11) the promotlon and 8d¥ancemert of the education of the publlc In the cultivation. appreuation and study of the deo)Tative and fine art rii) the conserv*ion arKJ preservation of the artlstic herita8e of the United Kin8dom & other courrtries. 0111 the advancemeTrt of the art5, OJIty￿ and heri*. In partiotlar. but without limltation, the decorative and fine arts. ThE ART8 XICIEfY SOUTH WEST LONDON TRUSTEES. ANNiIAL REPORT ANDAccouirrs FOR ThE YEAR ENDING 30 JUNE 2024 There are four prinapal ath4ryttes thatthe charity undertakes in relation to these objects: holding leC￿re5 on relevant artistictow. arran8ir8 • day5 tt> examlne partitylar a￿le matters: arranglng vlsftsto rekvant ts tiiat contsin work5 of ar¢ and making tharltable donations to artistic projectk The Trurtees have been pteased to see a continued Encreased in the numberof members attending face to face leCw￿￿ Thefigure now ranges from ￿t0 I1￿. compared with 50to 80 in the previous year. On top of thi* about 20-30 Member5 choose to watch online. One of ouraims year was to ty to tn(rnse the wofile of the Soclety in the local area. As well as advertising our lectures in hxal trrna8aZ1r￿ we have. forthe first trme. P￿Ced posters and fyers *or the lethre progrdmme In local rarr¢s. A5 a conse￿, nurnber of noTrfftembers attending le￿re% IAS slknvn a signifK•rt increase espetiauywhen the topic Ès of local interesL Ftyers 8ivin8 detsils of the 2025 programme areto be printed and wlll be d4StrTrArt￿ agaln nextyear. Eath year. a number of mernbeE5 chose not to renew their membershlp, butthe loss has been exceeded bythe number of new m&nberk At the stsrt of the accounting yearthe number of members was 264 Ixrtthis had in(Teased to 268 brfthe er￿ of the year and to 272 by September 2024. Flyws are nowgpien to all noTrmembers who attend the lettu￿5. and a number have taken up membership a5 a result Word of mouth remains one of the bestway5 to build membership helped by the offer of reduced ratesforth05e jolnlng mid-year. We work hard to be seen as a welcomi5w sotiety and the chanceto offer refreshments to attendees give5 member5 and gu&ts the than￿ to socialt5e before Irfwres begin. We feel that the opportuiuty to mlx localty wlth people of simfiar interests fulffls an important soaal fijnrtlon One source of sadne55. thls year. has beenthe {frf￿￿k1eS encountered bythose watching online. We know that the option to access the lectures at home i5 higl*valued by some members ar￿ we are relurtant to disetintinue providingthem. Durir8the year. we identified two prob]ems and have recentty purthased a new microphoneforthe kauru5 to Use to Impm¥ethe g)und quality online. Thls seems to have helpe Our other problem has lJ&n wlth the stabilityof the internet connectfonfrom the hall. Putney Leisure Centre nather an etF*m& nor a connertlon in the Drybur#k Hall ènd we have been ompelled to use a moblle ￿One SIM card to ajnnettto the interneL On more than one occasion we have asked the Lei￿re Centre to upgrade thelrfacilitiÉs but without succes& We have now approad)ed Wandsworth CourKil to requ2st that an itttemetconnection part of thelr upgrade programme for 2024 butthey have yetto respon(L As we ￿arthe end of 2024. we are investigating othervenu The Intr&tse in numbers at knres ha5 been Matc￿ by largw number5 of membeF5 signing up for vbits. tours and 5bJdy event& Two of ourvislls had to be thjpllcated because of number5: Two date5 were offered for the walkirE tour of Gty of Lon(kJn Churches and similarly forthe guided vlslt to All Sainys Church on Putrw CommorL The latterwas to markthe 2(N) annlversary of the IxJSldirg of the dwrch and its linksto Wllliam M We were. for Instance, able to fft in a last-minute trip to a de Morgan exhibition in January 2024 and some of our vi5tts have required Imaginative travel anangements. Atrip to Crossness Pumping Statlon kite in 2023 linwjlving the EEizabeth Ltne and a fleet of knsl might seem a strnnge destination until you see the magnificent Wictorian ironwork used in the building by Sir Joseph Bazelgette and a trlp to Rochesterfor guided tours of Restoration House and the Cathedral required participants to make their own way by train from ￿￿E8 Station. Both vlslts were successful. We are espeaalty grateful to two members of our Society who acted as guides ft)r us; tsz Hamilton. fomier thairman ofthe Society led the tour5 to Al Saints and Serrie Meaknns, ourTours Secretsry, held us engrossed with the story of Efizabeth Murrèy. daughtsr of the original owner of Harn House during a tourthere in February. The 2024 Tourto Thessaloniki (organised byTrdvel E4thions) took plèo in Septanber2024 and vrd5 also very sUCQ55fv1 as was the related Study Afternoon held earlier in the year. Both We￿ so popular that watttng lists had to be createil. LÉkewise. the Awaydayto Longford Castle and 8reamore House reathed maximurn capacttywith ea Given the populaiity of the elents. a detiston was made during 2024 to add another S￿d¥ event and an afternoon in Noltmber 2024 has been set aslde to COn5tder the topic of The El8in Marbles (History and Controvwl. We expect tse to be a good tumoutfor such a hottopi ort￿ agaln. theTrustees took athRnW of The Arts Sodety Comrnunlty Grant Scheme to app￿fOr a grdnt of £250 on behalf of a local group. In thts case it was used to aU￿ent a grant of £1,000 that TAS SW London made to Lin(len Lodge Sthool. whose pupils have severe physical impalmients. Three of the Trustees were lucky enough to vtsit the school and to learn abotrtthe fflaterials thatthe Art Therawteacher had bought for use with the pupil& In April. a second grantwas awarded. thistimeto the Royal Hospitsl for NeurTrDisability. We look fo￿ard to hearing more from them atrM)ut the Silk Screen Printing equipmentfor whlch the funds were eamiarked. Grant applicatlons are considered tivice a year. and organisatrons can now use the forrrffi available on the wetisite. In summaryi grants durrngthe ￿art0 30June 2024. totslling £2.750 were made as follows: £I,OCKI- Ltnden Lodge Schoollspeoalist materials forthe neAT Art Therapy Deparrmentl £1,750-The Royal H05pFtal for NeuftrDisability {Silk Screen Printing equipnEnt) The Trusteeg aim for 2024n5 is to continue to build membership ofthe s• and encourage more face-tsFface partiapatKM. Top prioritie5 are: l. To resolve the lecture problem5 2. To encourage more membets to tske an active part In attending and assisting with events. 3. Tofind a voltjntew to fi3iW with Grg¥t4r london Ar•3 CommTttoo {GiAI 2nd prom*X* Herltsge Volurteering Activity 4. T¢ identify more local arts projertsthat we ian supwtforthe bÈnefft the wider communlty. TRLISTeES' AIINUAL REpoirrAIID ACC(XIIITS FOR THE YEAR ENDING 30 JUNE 2024 The Statemeftt of ￿101 Acovftts isset outon p*7 and shows a rt surplus for theyear of £499. IncomefDrts period anwrrted to £22584 lu)mpared to £27.744 forYE June 2023, when Income wag infiated as two Awaydoys) were hekL SJmllarly. wlthoutthe costs assodated with a second Awayday, experKliture was bwer in YEJune 2024 {£22.085) as opp)sed to £27.405 in YEJune 2023. Since the Income in YEJune 2024 is kssthan £25k. there has been ￿ stsbjtory need forthe accounts to be indepenkndy examined by a third partythosyear. At the year end. resrn wwe £17WJ. In Novembtt2023. folkn¥1￿ last y*sAGM. theTrusteesamended the reser%ts policy to bring It Into linewith the reComm￿￿tIOnS of TheArts Sooety to whith it Is affilÈated. The alm goi forward Is now to make surethat the reserves omrthe operating costs of a 94nonth perit)d Irather than a whole yearl. Based on outyoingsfwtl* yearof £22l the year*nd rnserves of £18k are more than suffldentto meetthe nornial costs of the Charity and tr* ltssrnooth runnl The Tntstees are ple*to annourtÈth*theYe Mll beno irKxease Sn subsulptl0￿ for 2025. PUBUC BEMEfrTr The Trusteescontinue to rn careful consFkn tothetharfty Commis&orfs general guidance on public benefft when rwiewirEthe awW5 ahns and obiectP4es hnd in planningfuture attivFtie> They considerthèt the actl4ryties ouillned rÈ thts report meetthe pU￿C tenefft requirement for THE ARTS SOCIEfY soirni WEST LONDON TRUSTEES, AN14UAL REPORT AND ACCOUW6 FOR THE YEAR ENDING 30 JUNE 2024 STATEMM OFTrUSTEEY RESPOPOI8JLtriES The Trustees are ￿sponsIble for preparing the Annual Report and the finandal statements in accordan￿ with app1[￿ble law and United ￿ngdoM Accounttng SLindar(ts (United Generally A¢￿pted AccountirKg PracDce). The law applicable to tharitre5 In England and Wales requires the Tntstees to prepare financial 5tstements for each finanoal year which grve a true and falr view ofthe stste of affair5 of the Charity and of the incoming reg)urces and akwli13bon ofresources of thè Charityforthat F￿riod. In preparing these flnancial ststements. the Truste0% a￿ required to: Select suttsble accountir4 poliues and then applythem consistent￿. Observe the methods and prfnaples in the Charities SORP (Statement of Recommended Pratticel- Make judgements and estimate5 that a￿ ￿3$0￿ble and prudent, State whether applocable UK A¢countingStandards have been followed, subjectto any material departures disdosed and explained in the financial statements; Prepare the finanaal statemerrts on the going concern basis unless it 15 inappropriate to presume that the tharity WIN continue in buslness. The Trustees are rewnsible for kee￿r￿ [￿oF￿y accountirg records that disdose wtth re&50nable acLuracy at arytime the finan(yal positlon of the Charity and enable them to ertsu￿ that the financial statements comply wtth the Chèrttres Att 2011. They are also rwnsible for safeguarding the assets of the Charity and hence for tsking rea50nèble steps fof the prevention and detettion irffraud and other iThe8ufaritie* This report was approved bythe TnL5tees on 16 October 2024 Gill Grunwald Ichalnnanl TRUSTEES ANNUAL REPORT ANDAccoINfs FOR ThE YEAR ENDING 30JUNE 2024 Totsl YE 30.6.23 INCOMIP46 RESOURCES 11?51 Dor*tlons 945 14.707 Bank interest 147 Community Grartfrom TAS (RESTRrn) TOTALINCOMING RESOURCES 21202 27,744 arltsble actiffties 31 18.930 Grants 2,750 1750 Community Gr4nt (RESTRicfED) 250 Supm a)sts 17 47 Is) 27.405 NET INCOM1146 1 (ouf601N6) RESOU 17350 17,011 17A49 17,350 THE ARTS socIErY souTh WEST LONDON TRUSTEEV ANNUAL REPORT AND Accc￿l￿r8 FOR THE YEAR ENDING 30 JUNE 2024 ALAPKESHEEfAT30JUNE 2024 2023 Equipment & accessories at cost less deprectation (31 964 965 CURRErirAssETS Cash at Bank Cash in hand Sundry Debtors and Prepayments 2L119 20510 2.192 CURRENT UA￿ullE5 Acuued expenses Sundry Credltets Annual subscriptions prepald Uul- Dec 2024) 63 312 6JJ95 410 5.947 17WJ 17J50 TOTAL NET A5SErs 16) 17.849 17350 Approved by the Tntstees on 16 October 2024 and Sa￿ed on thelr behèlfby: Gill Grunwald (Chairnian) The notes on py 9 to 11 fonn an Inte8FoI part of these acmun al Basis ofAwmtinr. The fvmnoal stknents have been prepared underthe historical cost onventipn. have been prepared in accordance with the 5tstement of Recommended PractKe: Accountlng and Reporting by awrities arnl in accordan￿ wlth the Financtal ReportiTrdStsndar(ts awioble intt* UKaThl Republicof Ireland IFRS 1021 issued on 16July 2014 and the Charlttes Att I￿L The CharItyconstiti￿ a pubfic benefft enfjty as defmed by FRS 101 appropriate and have conduded thatthere a￿ no foreseeable everts or conditlon5 that might cast doubt on the abiltyof the Charty to (vntlnue as a going thncem. The Twsrees have madethis assessment for a of at le￿ yearfrom the dats of the approval of the flnandal statements cowderin& in particular, ￿ Fevel of reserves heid by the Charity and fvture llnanoal plans ènd foreca￿* The Trustees a￿ assured thatthere are adequate resour￿ to continue to opernteforthe foreseeabk fvtur& The Charltytherefore continues to adopt thegoir* concem trjasis in preparing Its financlal statementk b) IFKome incorne Is feco8nFsed when there Is entltlernentto the fvnd5, tt* re￿Ipt is probable and the amount can be meawred rella￿. DOnali0￿ are recoBni5ed In fvll in the Statement of naal Activitses in the year in whith theYa￿ re¢￿d. Bank interest Is ac£ounted for on an aC(n￿lS basts. c) Re50Uftqs Expended: Liabi1itie5 are rec awrltsble a¢t1¥1￿ These a￿ ￿Sts that reEateto Charits￿e atti¥ftles and are recognised when are incurre(L Gthprnan￿ costs are inosrred to Thre good pulAic Kcountsbslity and Complian￿ with dl ffxed Assets:The5e con5tst of equipmentforlectures and a￿ depyeuated over 10 years on a stra*ht-Ilne basi e) Cash and (ash eipthlprt* These eonsist of cath in IHrrfF and depogts held on call wlth bank& fj Crliical acco￿*1￿ estimatss and areas of In thevtew of the tnjstees In appfying the accountlng Okies adopted. no judgemerfts were required that have a slgnthcant effett on amounts reco8nised In thefinanoal StateM￿ts nor do any estimts or Lsumptlons made carry a syifi(3nt rfsk of nMteTl￿ ￿jUStM￿￿ in the nextfinanual ￿Or. No remuneration orexpenses We￿ patd to anytnw orto any person known to be cOnr￿cted tothem. durfn8the ye¥. THE Airrs 8OCIEfY SOLrrH bVEST LONDON TRUSTEEW ANNUAL REPORT AND ACC(xiiir8 FOR THE YEAR ENDING 30 JUNE 2024 rutsres & PA & IT Equipmert Tots cosr At l July 2023 Addltlons Disposals At 30 June 2024 354 2.010 261 2,364 261 DEPRECIATION At l July 2023 DlsposaLs arge foryear At 30 June 2024 214 1.399 227 262 NEfBOOKVAWE At 30 June 2024 At30June 2023 Totsl YE 30.&24 YE SUNDRY DEBTORS & PRB>AYMEpirs Annual capitstion fees & instsrance prepaid Other prepayments TOTAL 2,192 Accrued ITKome re￿Ned in advan Annual subscriptbons received forthe Per￿ Juty- December TOTAL 410 312 947 MOVEMEKf OF RESERVES Balance broutht fonward at beglnning of year Incomin8 resoLrrces forthe year Outgoin8 resour￿$ for the year Movement Balan￿ Carr￿ forward A50 17,011 22202 27.744 27 499 339 io Totsl YE 3Q&24 YE 30.&23 I￿￿0￿E IL951 279 410 493 452 5,334 L200 2￿1 Other donations stydy days Gift L056 2,973 147 250 Bank Interest Community Grantfrom TAS {REStRIrn) TOTALIIKOME 3.756 1557 3,607 1,389 Hlre of Ha Tethniral assistan￿ & WPFI costs Zoom litence slts Stuity days Membership ords & 125 4￿94 676 974 120 8A85 856 500 2,922 2,750 250 Grants Communlty Grart IRESfRrn) 1750 The Art5 5oaety wltstion fee. fare pool. etc 4.031 509 157 451 In5urarKe Bank thar8es Misttl1ar￿us Accountsncy Oepreciation 71 360 262 li