**Charity registration number: 1195897** 

**Company number: 13308512** 

## **New Curators** 

**Trustees’ Report and Financial Statements For the year ended 31 December 2024** 



**New Curators** 

## **Contents** 

||**Page**|
|---|---|
|Trustees’ and charity information|1|
|Trustees’ report|2 - 5|
|Independentexaminer’sreport|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Cash flow statement|9|
|Notes to the financial statements|10 - 17|





## **New Curators** 

## **Trustees’ and Charity Information** 

|**Trustees**|Lynn Blades|
|---|---|
||Tara Feshitan|
||Oba Nsugbe|
||Samuel Talbot|
||Aindrea Emelife|
||Fabienne Wilmes|
||Louise Anne Wilson|
||Anne Thidemann (appointed 17 February 2025)|
|**Registered Address**|Saffery LLP|
||71 Queen Victoria Street|
||London|
||EC4V 4BE|
|**Company Number**|13308512|
|**Charity Number**|1195897|
|**Independent Examiner**|Cara Turtington, FCA DChA|
||Saffery LLP|
||71 Queen Victoria Street|
||London|
||EC4V 4BE|
|**Bankers**|Barclays Bank|
||1 Churchill Place|
||London|
||E14 5HP|



Page 1 



**New Curators** 

**Trustees’ report For the year ended 31 December 2024** 

The trustees present their annual report and financial statements of the charity for the year ended 31 December 2024. 

## **Legal Status and Constitution** 

New Curators is a charitable company limited by guarantee with company registration number 13308512 **.** 

The Charity was registered with the Charity Commission in England and Wales on 23 September 2021 and its registration number is 1195897. 

## **Objectives and Activities** 

The charity has the following principal objectives: 

The Objects of the Charity are to advance education in the field of art curating for the public benefit in such ways as the Trustees think fit, including through provision of courses of training, in particular to promote diversity and inclusion in art curating. 

## **Activities in the Year** 

In its inaugural year, the New Curators programme successfully trained eleven aspiring curators from lower socio-economic backgrounds. Through an intensive curriculum divided into academic seminars, skills training sessions, networking visits, and hands-on exhibition-making experience, the fellows engaged with leading curators, artists, and institutions. They explored key topics in art history, curatorial theory, and contemporary debates and learned about a wide range of seminal art histories, while also gaining practical experience in research, budgeting, exhibition design, condition reporting, fabrication and installation, interpretation, press and public programming amongst other things. The learning was further enriched by site visits to museums, galleries, and artist studios across the UK and to the Venice Biennale, providing invaluable industry exposure, public speaking and networking opportunities. The programme also emphasised mentorship and outreach, offering coaching to build confidence and resilience while engaging with students at local state schools to inspire the next generation. A highlight of the year was Firelei Báez’s first UK solo exhibition at the South London Gallery (28 June– 8 September 2024), which the inaugural cohort curated. Within three months of graduating in August 2024, nine of the eleven fellows were working within the art sector, demonstrating the programme’s success in creating tangible career pathways. The second cohort began the programme in September 2024. Shortly thereafter the fellows met Duane Linklater and Tanya Lukin Linklater, the artists they will be working with for their final exhibition. In November 2024, the second cohort visited the Venice Biennale. 

## **Achievements and Financial Review** 

The charity generated income of 2024: £710,665 (2023: £642,833) during the year, of which £500 was for restricted purposes (2023: £198,770). 

Total expenditure for 2024 was £762,393 (2023: £379,025) and of this total £49,926 was spent on restricted funds (2023: £995) and £559,151 (2023: £309,300) was spent on salaries which includes amounts paid to fellows who are provided with a London living wage, but are not considered staff of the charity. 

Page 2 



**New Curators** 

**Trustees’ report (continued) For the year ended 31 December 2024** 

## **Reserves Policy** 

At the year end the Charity had unrestricted reserves of £154,252 (2023: £156,554). The trustees have set the target for reserves at £300,000 and expect to achieve this level in 2025. 

## **Grant Making Policy and Activity** 

On 14 November 2022, New Curators entered into two grant agreements with the SLG Trustee Limited in its capacity as trustee of the South London Fine Art Gallery and Library (TSTL). 

The first grant of £120,000 is for the purpose of supporting TSTL with the cost of delivering and hosting Firelei Báez’s exhibition at the South London Gallery. In 2024, the remaining £20,000 of this grant was transferred to the South London Gallery. 

The second grant of £90,000 is to assist the South London Gallery in making space available to aspiring curators from lower socio-economic backgrounds and those teaching them as well as making SLG staff available to discuss art and curation with the aspiring curators who attend SLG spaces during the grant period.  In 2024, £45,000 of this grant was transferred to the South London Gallery. 

Grants of £38,303 (2023: £21,429) were paid to fellows during the year which includes visa fees, health insurance surcharges, relocation grants and joining payments for the second cohort. 

## **Structure, Governance and Management** 

Trustees are recruited and appointed in accordance with the charity’s governing document and with relevant legislation. 

The Trustees who were in office during the year were: Lynn Blades Tara Feshitan Oba Nsugbe Samuel Talbot Aindrea Emelife Fabienne Wilmes Louise Anne Wilson 

In planning the activities of the charity, the Trustees have given due regard to the Charity Commission’s guidance on public benefit. The Trustees believe that the activities of the charity in the period confirm its ability to provide current and on-going benefit to the public. 

New trustees are appointed by the trustees. On appointment new trustees are sent the Charity Commission’s ‘The Essential Trustee’ guidance, a list of their main duties they are expected to perform and New Curators’s governing document. They also receive an induction during which the charity’s purposes, beneficiaries, policies, and finances are explained, and the new trustee is able to ask any questions. External training is regularly offered to trustees though none elected to take this up in 2024. Charity Commission updates and other sector developments are shared with trustees. 

Page 3 



**New Curators** 

**Trustees’ report (continued) For the year ended 31 December 2024** 

Major decisions relating to strategies and policies are made by the trustees as a board. The trustees delegate responsibility for day to day running of the charity to the co-directors of New Curators, Mark Godfrey and Kerryn Greenberg. 

## **Risk Management** 

The trustees have examined the major strategic, business, and operational risks which the charity faces and confirm that systems have been, or will be, established to enable the necessary steps to be taken to lessen these risks. 

The main risk to the charity is that fundraising at the level required is unsustainable. A trustee with fundraising expertise was identified and joined the board in February. 2025. Now that New Curators is established and has a track record, the charity is better placed to apply to trusts and foundations for support and intends to do so in 2025. The trustees of the Friends of New Curators have also agreed to introduce New Curators to additional prospective donors in 2025. 

## **Future Plans** 

The second cohort of eleven fellows who joined New Curators for the year-long programme in September 2024 will complete their training on 31 August 2025. This cohort curated an exhibition of Duane Linklater at Camden Art Centre which opened in July 2025. 

## **Statement of Trustees’ Responsibilities** 

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 law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP (FRS 102); 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, applicable accounting regulations, and the provisions of the governing document. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Page 4 



**Trustees’ report (continued) For the year ended 31 December 2024** 

## **New Curators** 

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 

Sep 16 2025 

Signed on behalf of the Board of Trustees on ………………… 2025 


........................................... Lynn Blades **Trustee** 

Page 5 



## **New Curators** 

## **Independent examiner’s report to the trustees of New Curators (‘the Company’)** 

I report to the trustees on my examination of the accounts of the Company for the year ended 31 December 2024. 

## **Respective Responsibilities of trustees and examiner** 

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. 

## **Basis of independent examiner’s report** 

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below. 

## **Independent examiner’s statement** 

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

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. 


Cara Turtington, FCA DChA Saffery LLP, 71 Queen Victoria Street, London, EC4V 4BE 

Date:  Sep 17 2025 

Page 6 



## **New Curators** 

## **Statement of financial activities (incorporating an income and expenditure account) For the year ended 31 December 2024** 

|**Note**<br>**Income from**<br>Donations and legacies<br>**2**<br>Investments<br>**Total income**<br>**Expenditure on**<br>Raising funds<br>**3**<br>Charitable activities<br>**3**<br>**Total expenditure**<br>**Net income and net**<br>**movement in funds**<br>Total funds brought<br>forward<br>**Total funds carried**<br>**forward**|**Unrestricted**<br>**Funds**<br>**2024**<br>**£**<br>704,494<br>5,671<br>710,165<br>-<br>712,467<br>712,467<br>(2,302)<br>156,554<br>154,252|**Restricted**<br>**Funds**<br>**2024**<br>**£**<br>500<br>-<br>500<br>-<br>49,926<br>49,926<br>(49,426)<br>197,775<br>148,349|**Total**<br>**Funds**<br>**2024**<br>**£**<br>704,994<br>5,671<br>710,665<br>-<br>762,393<br>762,393<br>(51,728)<br>354,329<br>302,601|**Total**<br>**Funds**<br>**2023**<br>**£**<br>640,375<br>2,458|
|---|---|---|---|---|
|||||642,833|
|||||-<br>379,025|
|||||379,025|
|||||263,808<br>90,521|
|||||354,329|



The notes on pages 10 to 17 form part of these financial statements. 

The statement of financial activities contains all recognised gains and losses for the financial year. 

The results for the year all relate to continuing activities. 

Page 7 



## **New Curators** 

## **Balance sheet As at 31 December 2024** 

|**Note**<br>**Tangible fixed assets**<br>**4**<br>**Current assets**<br>Debtors<br>Cash at bank and in hand<br>**Current liabilities**<br>Creditors: amounts falling due<br>within one year<br>**5**<br>**Net current assets**<br>**Total assets less current liabilities**<br>Creditors: amounts falling due<br>in more than one year<br>**6**<br>**Net assets**<br>**Funds**<br>Restricted funds<br>**7**<br>Unrestricted fund<br>**8**<br>**Total funds**|**2024**<br>**£**<br>**£**<br>4,518<br>-<br>356,532<br>356,532<br>(58,449) <br>303,083<br>307,601<br>-<br>302,601<br>148,349<br>154,252<br>302,601|**2023**<br>**£**<br>**£**<br>7,830<br>-<br>461,869 <br>461,869<br>(90,370)<br>371,499<br>379,329<br>(25,000)<br>354,329<br>197,775<br>156,554<br>354,329|
|---|---|---|



For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. 

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. 

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 

Sep 16 2025 Approved by the Board of Trustees on ……………………202 5 and signed on its behalf by: 


........................................... **Lynn Blades** Trustee 

The notes on pages 10 to 17 form part of these financial statements 

Page 8 



## **New Curators** 

## **Cash flow statement** 

## **For the year ended 31 December 2024** 

|**Cashflows from operating activities**<br> <br>Net income<br> <br>_Adjustments for:_<br> <br>Depreciation<br> <br>Income from investments<br> <br>Movement in creditors<br> <br>**Net cash (used in) / provided by operating**<br>**activities**<br> <br>**Cash flows from Investing activities**<br>Investment income<br> <br>Purchase of tangible fixed assets<br> <br>**Cash provided by / (used in) Investing activities**<br>**Change in cash and cash equivalents in the year**<br>Cash and cash equivalents brought forward<br> <br>**Cash and cash equivalents carried forward**<br>**Analysis of changes in net funds**<br>**At start of**<br>**the year**<br>**£**<br>Cash and cash equivalents (cash)<br>461,869|**2024**<br>**£**<br>(51,728)<br>3,471<br>(5,671)<br>(56,921)<br>**(110,849)**<br>5,671<br>(159)<br>**5,512**<br>**(105,337)**<br>461,869<br>**356,532**<br>**Cash flows**<br>**£**<br>(105,337)|**2023**<br>**£**<br>263,808<br>1,218<br>(2,458)<br>(103,970)|
|---|---|---|
|||**158,599**<br>2,458<br>(7,672)|
|||**(5,214)**|
|||**153,385**<br>308,484|
|||**461,869**|
|||**At end of**<br>**the year**<br>**£**<br>356,532|



Page 9 



## **New Curators** 

## **Notes to the financial statements For the year ended 31 December 2024** 

## **1. Principal accounting policies** 

## **1.1** 

## **Accounting convention** 

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. 

The charity constitutes a public benefit entity as defined by FRS 102. 

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. 

## **1.2 Income** 

Donation income is recognised in the year in which the charity is entitled to receipt and the amount can be measured with reasonable certainty. 

Trading income, including sponsorship income, is recognised when the charity is entitled to receipt and the amount can be measured with reasonable certainty. 

## **1.3** 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. 

All costs can be directly attributed to an expense category. 

Grants payable are payments made to third parties in the furtherance of the charitable objects of the constitution. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the charity. 

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty as to the timing of the grant or the amount of grant payable. 

Irrecoverable VAT is charged against the category of resources expended for which it was incurred. 

Page 10 



## **New Curators** 

## **Notes to the financial statements For the year ended 31 December 2024 (continued)** 

## **1. Principal accounting policies (continued)** 

## **1.4 Tangble Fixed Assets** 

The cost of tangible fixed assets is their purchase cost together with any incidental costs of acquisition. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Computer equipment 33% per annum 

## **1.5** 

## **Creditors** 

Creditors are recognised when goods or services have been delivered or provided prior to the financial year end but the invoice has not yet been received or paid. Creditors are measured on the basis of either the invoice or order value. 

## **1.6 Taxation** 

New Curators is a registered charity and is not liable to United Kingdom income tax or corporation tax on its charitable activities. 

## **1.7 Funds** 

Funds held by the Charity are split into different types: 

- 1.7.1 Unrestricted funds 

   - Unrestricted funds are donations and other income receivable or generated for the objects of the charity without specified purpose. 

- 1.7.2 Restricted funds Restricted funds represent voluntary income or grants which have been received for the purposes set out in note 7.  The application of these funds is restricted by the expressed wishes of the donor or the terms of the grant. 

## **1.8 Financial instruments** 

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.  Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.  The charity does not currently have any bank loans. 

Page 11 



**New Curators** 

## **Notes to the financial statements For the year ended 31 December 2024 (continued)** 

|**2.**|**Donation income**||||
|---|---|---|---|---|
||||**2024**|**2023**|
||||**£**|**£**|
||Donations from trusts, foundations and organisations||453,844|316,556|
||Donations from individuals||251,150|323,819|
||||704,994|640,375|
||Income of £500 was receivable in|2024 in respect of restricted funds (2023: £198,770).|||
|**3.**|**Expenditure**||||
|||**2024**||**2023**|
|||**£**||**£**|
||**Charitable activities:**||||
||Grant making (3.1)|-||-|
||Fellows Grants (3.1)|38,303||21,429|
||Salaries (3.2)||||
||- Staff|248,401|211,739||
||- Fellows|310,750|97,561||
||Total salaries|559,151||309,300|
||Legal and professional fees|433||7,583|
||Management and administration|<br>12,549||4,200|
||Depreciation|3,471||1,219|
||Accountancy|7,800||8,844|
||Independent examination fees||||
||- Current year|6,900||3,120|
||- Prior year|3,780||-|
||Project expenditure|49,926||663|
||Travel|27,929||10,089|
||Other costs including travel|52,152||12,577|
|||762,393||379,024|



Expenditure of £49,926 included above was incurred in respect of restricted projects (2023: £995) 

## 3.1 Grant making 

Grants were all committed to be made to South London Gallery in 2022. Fellows Grants are amounts paid to individuals participating in the twelve-month curatorial training programme. 

Page 12 



## **New Curators** 

## **Notes to the financial statements For the year ended 31 December 2024 (continued)** 

## 3.2 Staff and fellow costs 

|Staff and fellow costs|||
|---|---|---|
|Gross pay<br>Social security costs<br>Pension|**2024**<br>**£**<br>490,296<br>49,020<br>19,835<br>559,151|**2023**<br>**£**<br>267,714<br>22,982<br>18,604|
|||309,300|



The average number of employees during the year was 14 (2023: 7). For 2024 the employee numbers included 22 fellows. 11 of these began the New Curators programme in September 2023 and completed the programme In August 2024. A further 11 fellows began the programme In September 2024. 

The number of employees whose emoluments for the year fell within the following bands are: 

|||**2024**|**2023**|
|---|---|---|---|
|||**Number**|**Number**|
|£60,000|to £69,999|1|-|
|£70,000|to £79,999|-|1|
|£80,000|to £89,999|1|-|



Employees considered to be key management personnel during the year were the three codirectors, one of whom resigned in May 2024. Their employee benefits totalled £205,050 (2023: £183,195). 

The trustees do not receive any remuneration from the charity. No trustee expenses were reimbursed during the year (2023: £nil). 

Page 13 



## **New Curators** 

## **Notes to the financial statements For the year ended 31 December 2024 (continued)** 

|**4.**<br>**Tangible fixed assets**<br>**Cost brought forward**<br>Additions<br>**Cost carried forward**<br>**Depreciation brought forward**<br>Charge for the year<br>**Depreciation carried forward**<br>**Net book value at 31 December 2024**<br>Net book value at 31 December 2023<br>**5.**<br>**Creditors: amounts falling due within one year**<br>Grants payable<br>Trade creditors<br>Tax and social security<br>Accruals<br>**6.**<br>**Creditors: amounts falling due after more than one year**<br>Grants payable|**Computer**<br>**and office**<br>**equipment**<br>**£**<br>9,221<br>159<br>9,380<br> <br>(1,391)<br>(3,471)<br>(4,862)<br>**4,518**<br>7,830<br>**2024**<br>**£**<br>25,000<br>7,715<br>18,184<br>7,550<br>58,449<br>**2024**<br>**£**<br>-<br>-|**2024**<br>**Total**<br>**£**<br>9,221<br>159|
|---|---|---|
|||9,380|
|||(1,391)<br>(3,471)|
|||(4,862)<br>**4,518**|
|||7,830|
|||**2023**<br>**£**<br>65,000<br>-<br>14,680<br>10,690|
|||90,370|
|||**2023**<br>**£**<br>25,000|
|||25,000|



Page 14 



**New Curators** 

## **Notes to the financial statements For the year ended 31 December 2024 (continued)** 

|**7.**<br>**Restricted funds**<br>Firelei Báez exhibition<br>Speaker fees<br>Firelei Báez exhibition<br>Speaker fees<br>**8.**<br>**Unrestricted funds**<br>General funds<br>General funds|**Balance at**<br>**1 January**<br>**2024**<br>**£**<br>197,275<br>500<br>197,775<br>**Balance at**<br>**1 January**<br>**2023**<br>**£**<br>-<br>-<br>-<br>**Balance at**<br>**1 January**<br>**2024**<br>**£**<br>156,554<br>**Balance at**<br>**1 January**<br>**2023**<br>**£**<br>90,521|**Income**<br>**£**<br>-<br>500<br>500<br>**Income**<br>**£**<br>198,020<br>750<br>198,770<br>**Income**<br>**£**<br>710,165<br>**Income**<br>**£**<br>444,063|**Expenditure**<br>**Balance at**<br>**31 December**<br>**2024**<br>**£**<br>**£**<br>(49,176)<br>148,099<br>(750)<br>250<br>(49,926)<br>148,349<br>**Expenditure**<br>**Balance at**<br>**31 December**<br>**2023**<br>**£**<br>**£**<br>(745)<br>197,275<br>(250)<br>500<br>(995)<br>197,775<br>**Expenditure**<br>**Balance at**<br>**31 December**<br>**2024**<br>**£**<br>**£**<br>(712,467)<br>154,252<br>**Expenditure**<br>**Balance at**<br>**31 December**<br>**2024**<br>**£**<br>**£**<br>(378,030)<br>156,554|
|---|---|---|---|



Page 15 



## **New Curators** 

## **Notes to the financial statements For the year ended 31 December 2024 (continued)** 

**9. Net Assets by fund** 

|**Current year**<br>Tangible fixed assets<br>Current assets<br>Current liabilities<br>Long term liabilities<br>**Prior year**<br>Tangible fixed assets<br>Current assets<br>Current liabilities<br>Long term liabilities|**General**<br>**Funds**<br>**2024**<br>**£**<br>4,518<br>208,183<br>(58,449)<br>-<br>154,252<br>**General**<br>**Funds**<br>**2023**<br>**£**<br>7,830<br>264,094<br>(90,370)<br>(25,000)<br>156,554|**Restricted**<br>**Funds**<br>**2024**<br>**£**<br>-<br>148,349<br>-<br>-<br>148,349<br>**Restricted**<br>**Funds**<br>**2023**<br>**£**<br>-<br>197,775<br>-<br>-<br>197,775|**Total**<br>**Funds**<br>**2024**<br>**£**<br>4,518<br>356,532<br>(58,449)<br>-|
|---|---|---|---|
||||302,601|
||||**Total**<br>**Funds**<br>**2023**<br>**£**<br>7,830<br>461,869<br>(90,370)<br>(25,000)|
||||354,329|



## **10. Related and connected party transactions** 

During the year the charity received a restricted donation of £500 from one trustee (2023: £750 from one trustee). The donations were for use on speaker fees. 

There were no further related party transactions. 

Page 16 



## **New Curators** 

## **Notes to the financial statements For the year ended 31 December 2024 (continued)** 

## **11. Comparative Statement of Financial Activities** 

|**Income from**<br>Donations and legacies<br>Investments<br>**Total income**<br>**Expenditure on**<br>Raising funds<br>Charitable activities<br>**Total expenditure**<br>**Net income and net movement in**<br>**funds**<br>Total funds brought forward<br>**Total funds carried forward**|**Unrestricted**<br>**Funds**<br>**2023**<br>**£**<br>441,600<br>2,458<br>444,063<br>-<br>378,030<br>378,030<br>66,033<br>90,521<br>156,554|**Restricted**<br>**Funds**<br>**2023**<br>**£**<br>198,770<br>-<br>198,770<br>-<br>995<br>995<br>197,775<br>-<br>197,775|**Total**<br>**Funds**<br>**2023**<br>**£**<br>640,375<br>2,458|
|---|---|---|---|
||||642,833|
||||-<br>379,025|
||||379,025|
||||263,808<br>90,521|
||||354,329|



Page 17 




## Audit Trail 

## **'RFXPHQW�'HWDLOV** 

|**7LWOH**|New Curators 2024 Accounts and Letter of Representation|
|---|---|
|**)LOH1DPH**|New Curators Letter of Representation 2024.pdf, New Curators accounts 2024 FINAL (pdf).pdf|
|**'RFXPHQW,'**|517ee17415b1432a86fe8d345853d934|
|**)LQJHUSULQW**|5f5945ef55e499cb2bb9b1d8dc524ee7|
|**6WDWXV**|Completed|



## **'RFXPHQW�+LVWRU\** 

|**'RFXPHQW&UHDWHG**|Document Created by Kerryn Greenberg<br>(kerryngreenberg@newcurators.org)<br>Fingerprint: 663104351f7e31f7ad598ec159dcc849|Sep 16 2025<br>10:27AM UTC|
|---|---|---|
|**'RFXPHQW6HQW**|Document Sent to Lynn Blades (divablades@gmail.com)|Sep 16 2025<br>10:27AM UTC|
|**'RFXPHQW6HQW**|Document Sent to Cara Turtington (Cara.Turtington@safery.com)|Sep 16 2025<br>10:27AM UTC|
|**'RFXPHQW9LHZHG**|Document Viewed by Cara Turtington (Cara.Turtington@safery.com)<br>IP: 154.204.98.26|Sep 16 2025<br>04:28PM UTC|
|**'RFXPHQW9LHZHG**|Document Viewed by Cara Turtington (Cara.Turtington@safery.com)<br>IP: 54.38.153.181|Sep 16 2025<br>04:28PM UTC|
|**'RFXPHQW9LHZHG**|Document Viewed by Cara Turtington (Cara.Turtington@safery.com)<br>IP: 2.126.70.184|Sep 16 2025<br>04:28PM UTC|
|**'RFXPHQW9LHZHG**|Document Viewed by Lynn Blades (divablades@gmail.com)<br>IP: 158.222.133.156|Sep 16 2025<br>04:42PM UTC|
||Document Signed by Lynn Blades (divablades@gmail.com)||
||IP: 158.222.133.156||
|**'RFXPHQW6LJQHG**||Sep 16 2025<br>04:42PM UTC|
|**'RFXPHQW9LHZHG**|Document Viewed by Cara Turtington (Cara.Turtington@safery.com)<br>IP: 216.158.219.67|Sep 17 2025<br>06:37AM UTC|





|**'RFXPHQW�9LHZHG**|Document Viewed by Cara Turtington (Cara.Turtington@safery.com)<br>IP: 54.38.153.148|Sep 17 2025<br>06:37AM UTC|
|---|---|---|
|**'RFXPHQW9LHZHG**|Document Viewed by Cara Turtington (Cara.Turtington@safery.com)<br>IP: 46.227.55.36|Sep 17 2025<br>06:37AM UTC|
||Document Signed by Cara Turtington (Cara.Turtington@safery.com)||
||IP: 46.227.55.36||
|**'RFXPHQW6LJQHG**||Sep 17 2025<br>06:38AM UTC|
|**'RFXPHQW**|This document has been completed.|Sep 17 2025|
|**&RPSOHWHG**|Fingerprint: 5f5945ef55e499cb2bb9b1d8dc524ee7|06:38AM UTC|
||||



