THE ARTS SOCIETY SOUTH WEST LONDON THE ARTS SOCIEfY SOUTH WEST LONDON The Trustee￿ Annual Report and Unaudited Accounts For the Year Ended 30 June 2024 Registered Charity Nth 11957(X) THE ARTS SOCIEfY souTh WEST LONDON TRUSTEES. ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 coNrEP4TS PAGE Introduttion General reference an(1 administrative inforniation Str¥Jcture, Govemance and Management Objects and Activtties Achievements and Perfomiance Financial Rewew Rese￿eS Public Benefit ststement of Trustees. Responsibilittes Statement of Finanual Artivities Balance Sheet Notes to the finanoal statements 9-11 THE ARTS SOCIErY soirrH WEST LONDON TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 IPfflIODuclloN The Trustees presenttheir annual report and the finanaal statements of The Arts Society South West London I'TASSWL") forthe year ended 30 June 2024. The Charity was registered wrth the Charity Commission on 2 September 2021. GENERAL REFERENCE AND ADMINISTRATIVE INFORMATION Name: The Arts Soaety South West London Reg55tered Charity No.: 119571N) Princspal Address: 187 Sheen Lane. London YN14 8LE Email Address: theartssoctetyswlondon@gmail.com Website: www.theartsso¢ietyswlondon.org.uk HSBC UK. 67 George StreeL Richmond, Surrey TW9 IHG Bankers: Trustees Gill Grunwald Ichairnianl Gwen Hewitt (Wice Chair} Kate ￿Tk13nd trreasurerl feliaty Irlam Isecretaryl Ire-elecred 13 November 2023} Winefride Bolton Jison Breathnach (appointed 13 November 20231 Jane Crang (re-elected 13 November 2023) Ruth Dover Serrie Meakins (appointed 13 November 20231 Lael Nelson (re-elected 13 November 20231 STRUCWRE. GOVERNANCE AND MANAGEMENT The Charity is strnctured as a CIO lknociation model) and its governing document is a ao constitution. The Charity is governed and managed by a Board of Trustees who receive no payment fortheir seN4￿ as Trustees. The Trustees are elected by the membership at the Annual Gerberal Meeting. Each year o￿thIrd of the trustees must resign. but they are eligible for re-election. The Arts Soaety South West London is an afriliate member of The Arts Society ITAS'I. The Arts Sooety isthe operating name of the National Assoaation of Decorative and Fine Arts Soaetie5 INADFASI. OBJEcfs AND AcrivmES The objetts of the Arts Sooety South West London are. for the public benefft. lil the promotion and advancement of the education of the public in the CU￿$Vation, appreciation and study of the decorative and fine arts. lill the conservation and preservation of the arbstic herrtage of the Unf(ed fingdom & other countries. {iiil the advancement of the arts. culture and herTtage, in particular, but without limitation. the decorative and fine art THE ARTS SOCIEtY SOUTH WEST LONDON TRUSTEES. ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 There are four principal activtties that the charity undertake5 in rdation to these objects: holding lectures on relevant artistictopics: arranging siu(fy daysto examine particular artistic matters,. a￿an￿ng visits to relewant Sttes th* contsin WO￿ of art: and making charitable donation5 to artistic projects. ACHIEVEMEiifs AND PERFORMANCE The Trustees have been pleased to see a continued increased in the number of members attending fa￿ to face lectures. The figure now ranges from Eil to I￿. compared with 50 to 80 in the previous year. On top of this, about 20- 30 members choose to watch online. One of our aims last year was to try to increase the profile of the Society in the local area. ￿ well as adverttsing our lectures in local e-magazines we have, for the first time. pla(td posters and flyers for the lerture programTne in local libraries. As a consequence. the number of non-members attendln8 lectures has shown a significant increase especially when the lecture topic is of local interest. Flyers giving details of the 2025 programme are to be printed and will be distributed again next year. Each year. a number of members chose not to renew their membership, but the Ioss has been exceeded bythe number of new member& At the start of the accounting year the number of members was 264 butthis had increased to 268 by the end of the year and to 272 by September 2024. Flyers are now given to all noTh4nembers who attend the lecture5, and a number have tsken up membership as a result. Word of mouth remains one of the best ways to build membership helped by the offer of reduced rates for those joining mid-year. We work hard to be seen as a welcoming sooety and the chance to offer refreshments to attendees gives members and guests the chance to socialise before lectures begin. We feel that the opportunity to mrx localty with people of similar interests hJ1fi15 an imw)rtant social function One Sour￿ of sadness. thi5 year, has been the drfficulties encOUnte￿d bythose watching online. We know that the option to access the lectures at home is highly valued by some members and we are reluctarrt to discontinue providing them. During the year, we identtfied two problems and have recentty purchased a new miixophone forthe lecturer5 to ¥Jse to improve the sound quality online. This seems to have helped. Our other problem has been with the stabrlty of the internet connection from the hall. Putney Leisure Centre has netther an ethemet nor a WIFI connection in the Dryburgh Hall and we have been compelled to use a mobile phone SIM (3rd to connect to the intemet. On more than one occasion we have asked the Leisure Centre to upgrade their faalities bLrt without success. We have now approacheil Wandsworth Council to request that an intemet connection part of their upgrade programme for 2024 but they have yet to respond. As we near the end of 2024. we are investigating other venues. The InC￿8$e in numbers at lertures ha5 been matched by larger numbers of members signing up for vlsits. tours an(1 study event& Two of our visits had to be duplicated because of numbers: Two dates were offered for the walking tour of Qty of LondDn Churches and similarly for the guided visit to ASI 5ainYs Church on Ptrtney Common. The latter was arranged to mark the 200 anniversary of the building of the church and its links to William Morris and contemporaries made It a hugely popular trip. Over 60 people attended. THE ARTS SOCIEfY SOUTH WEST LONDON TRUSTEES, AMNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 Now that it is harder to organise vists far in advan￿. we have tried to be rn0￿ flexible with visits. We were. for instance, able to frt in a last-minute trip to 3 de Morgan exhibition in January 2024 and some of our visits have required imaginatwe travel arrdngement& A trip to Crossness Pumping Station late in 2023 linvolving the Elizabeth bne and a fleet of taxis) might seem a strange destination urtil you see the magntficent Ifictorian ironwork used in the building by Sir Joseph Bazelgette and a trip to Rochester for guided tours of Restoration House and the Cathedral required partiapants to make their own way by train from ITittoria Station. Both vislts were highly successful. We are espe(ially gratefrjl to two members of our Society who acted as guides for us; Liz Hamilton, a former Chairman of the Society led the tours to Saints and Serrie Meakins, ourTours Secretsry, held us engrossed with the story of Elizabeth Murrny. daughter of the orginal owner of Ham House during a tour there in Febrnary. The 2024 Tour to ThessalonikÈ {organised by Travel Editions) took place in September 2024 an(1 was also very successful as was the related Study Aftemoon held eadier in the year. Both were so popular that waiting lists had to be created. Likewise, the Awayday to Longrord Castle and Breamore House reached maximum capacitywith ease. Given the popularity of the events. a decision was made during 2024 to add another study event and an aftemoon in November 2024 has been set aside to considerthe topic of The Elgin Marbles IHi5tory and Controversy}. We expect there to be a good turnc￿t for such a hot topic. Once again, the Trustees took advantsge of The Arts Soaety Communtty Grant Scheme to apply for a grant of £250 on behalf of a local group. In this cw it was used to augment a grant of £1,000 that TAS SW London made to Linden Lodge School, whose pupils have severe physical impaimien Three of the Trustee5 We￿ lucky enough to ￿51[the school an(1 to learn about the materials thatthe Art Therapy teacher had bought for use wlth the pupi&. In April, a second grant was awarded. this time to the Royal Hospital for Neuro-Disability. We look foThvard to hearing more from them about the Silk Screen Printing equipment for which the funds were eamiarked. Grant applications are considered lJvice a year. and organisation5 can now use the fomis available on the webstte. In summary. grants duringthe year to 30 June 2024. totslling £2.750 were made as follows= £i,¢X)O- Linden Lodge School (specialist materièls for the new Art Therapy Department) £1,750-The Royal Hospttal for Neuro-Disability1Silk Sueen Printing equipment) The Trustee< aim for 2024125 is to continue to build membership of the society and encour3ge more face-to-face participatK)n. Top priorities are: l. To resolve the hybrid lectu￿ problems 2. To encourage more members to take an active part in attending and assisting with events. 3. To find a volunteer to liaise wwth the Greater London Area Committee IGLAI and promote Heritage Volunteering Activities 4. To identify more lotsl arts projects that we can support forthe benefft the wider communtty. THE ARTS SOCIEfY SOLTfH WEST LONDON TRUSTEES. ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENOING 30 JUNE 2024 FINANCIAL REVIEW The Statement of Financial Actith is set out on page 7 and shows a net surplus for the year of £499. Income for the period amounted to £22.584 Icompared to £27.744 for YE June 2023. when income was inflated as two Awaydaysl were held. Similady, without the costs a&sociated with a second Awayday, expenditure was lower in YE June 20241£22.0851 as opposed to £27.405 in YE June 2023. Since the income in YE June 2024 is less than £25k. there has been no statutory need for the accounts to be independentty examined by a third party this year. RESERVES At the year end, the reserves were £17￿49. In November 2023, followÈng last yearfs AGM. the Trustees amended the ￿SerVeS policy to bring it into line wtth the recommendations of The Arts Society to which it rs affiliated. The aim going forward is now to make sure that the reserves cover the operating costs of a 9-month period (rather than a whole yearl. Based on outgoin8s for the year of £22k. the year*nd reserves of £18k are more than sufficrent to meetthe nornial costs ofthe Charwty and to allow its smooth runnin& The Trustees are pleased to announ￿ thatthere will be no increase in subscriptions for 2025. PUBUC BENEFrr The Trustees continue to grve oreful conslderation to the a)arity Commission's general guidance on public benefit when reviewing the CharIt￿S aims and objectNes and in planning future activities. They consider thatthe activities outlined in this report meetthe public benefit ￿quIrernent for charities. THE ARTS SOCIEfY SOUTH WEST LONDON TRUSTEES. AMNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 STATEMEKf OF TRUSTEES, REspof4siBILrnES The Tnjstees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Pratticel. The law applicable to charities in England and Wales requrres the Trustees to prepare financial statements for each finanaal year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Chartty forthat period. In preparing these financial statements. the Trustees are required to- Select suttable accounting policies and then apply them consistentty; Observe the methods and principle5 in the Charities SORP (Statement of Recommended Prattl￿},. Makejud8ements and estimates that are reasonable and pnjdentr. State whether applicable UK Accounting Standards have been followed. subjertto any material departures disdosed and explained in the financial statements- Prepare the financial Statements on the going concem basis unless it is inappropriate to presume that the Charity will continue in bLLsiness. The Truttees are responsible for keeping proper accounting records that disdose with ￿asonable accuracy at arly time the financial posttion of the Charwty and enable them to ensure thatthe financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the preventton and detection of fraud and other irregularitie This report was approved by theTrustees on 16 0(tober 2024 Gill Grunwald Ichairnianl THE ARTS SOCIEfY SOUTH ¥¥EST LONt)ON TRUSTEES. ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 SrATEMEr￿ OF FINANaALACTIVITIES Note Total Totsl YE 30.6.23 30.6.24 INCOMING RESOURCES Members. subscriptions 12,042 11,951 Donations 945 Other income 8.585 14.707 Bank interest 147 Community Grant from TAS (RESTRIC￿) TOTAL INCOMING RESOURCES 250 250 17) 22,202 27,744 RESOURCES EXPENDED Charitable attiwbes 13,531 18,930 Grants 2,750 2.750 Communty Grant IRESTrICTED} 250 250 Support Costs TOTAL RESOURCES EXPENDED 21.703 27,405 INCOMING I {OUTGOING} RESOUR 339 Totsl funds broughtforward at l Juty 2023 17.350 17,011 Totsl funds carried forward at 30 2024 17 17,350 THE ARTS SOCIEfY SOWH WEST LONDON TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 BAIAP4CE SHEEfAT30JUNE Z024 2024 2023 FIXED ASSEtS Equipment & a¢￿$S0neS at cost less depreciation 964 965 CURRENT ASSETS Cash at Bank Cash in hand Sundry Debtors and Prepawnents 21.119 20.510 2.196 2,192 cuRREr￿ UABiunES {5) Accrued expenses Sundry Credr(ors Annual subscriptions prepaid Vul- Dec 2024) 410 312 6.095 5,947 CURRENfASSEfsiiLIABILmES) 17A49 17.350 TOTAL NEfASS 17.849 17,350 Approved by the Tnjstees on 16 Ottober 2024 and signed on their behatf by: Gill Grunwald lthairman) The notes on pages 9 to 11 fomi an intsgral part ofthese accounts. THE ARTS SOCIEfY SOl￿H WEST LONDON TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 30 JUNE 2024 ACCOUPfflNG POUOES a) Basls of Accounting: The financFal statements have been p￿pared under the historical cost onvention. They have been prepa￿￿ in accordance with the Statement of Recommended Practice: Accounting and Reporting by Chartties and in accordance with the Financial Reporting Standards applicable in the UK and Republic of Irelènd {FRS 1021 issued on 16 Ju 2014 and the Charrties Act 2011. The Charity constitute5 a publtc benefit entity a5 defined by FRS 102. Golng Con¢em." The Trustees have aSSe￿ed whether the use ofthe going concem basis IS appropriate and have conduded that there are no foreseeable events or conditions that might cast doubt on the abilwty of the Charity to continue as a going concem. The Trustees have made this assessment for a period of at least one year from the date of the approval of the financial statements considerin& in particular. the level of reserves held by the Charity and f(tture financial plans and forecasts. The Trustee5 are assured thatthere are adequate resou￿$ to continue to operate for the foreseeable future. The Chartytherefore continues to 3(lopt the going concern basis in preparing fts financial statements. b) Income". Income is recogrttse(I when there is entitlementto the fijnds, the receipt is probable and the amount can be measured reliably. Donations are recognised in full in the Statement of Fillancial Activtties in the year in which they are recetved. Bank Inte￿St is accounted for on an accruals basis. c) Ressts The Arts Soaety capitknon fee. fare ￿01. etc Postage. ststionery & computer service5 Insur3nce Bank charges Miscellaneous Accountancy Depreciation 4,208 451 4,031 509 157 68 115 360 235 71 262 TOTAL EXPENDrruRE li