## **Trustees’ Annual Report for the period** **From 1[st] June 2022 To 31[st] August 2023** **Charity name: The Guild of Enamellers** **Charity registration number: 1196237** ## **Objectives and Activities** The Guild’s objectives are 1. to further the preservation, skill, excellence and improvement of craftsmanship in vitreous enamelling for the benefit of the public, and **2.** to advance public education in such craftsmanship. The activities that have been carried out since June 2022 in support of these objectives are - Annual conference – April 2023 - Regional work shops - On-line workshops - The quarterly journal - Web site – short tutorials, articles added. - Bursary Award 2023 More detail is given on each of these in the following section. Membership of the guild of enamellers is open to any member of the public who is interested in vitreous enamelling so all of these activities are aligned with the requirement that the Guild must operate for the public benefit. The trustees are fully aware of the guidance from the Charity Commission with regard to operating for public benefit. The Guild is run by an enthusiastic volunteer community, the two principle components are the Regional Representatives who co-ordinate activities with in their regions, and the Executive Committee who are responsible for overseeing Guild activities. ## **Achievements and Performance** ## **Annual conference – April 2023** The annual conference was held in Stirling University and was attended by 72 Guild members. The attendees benefited from recognised experts in the field of vitreous enamelling who gave their time to deliver a master class in enamel painting and seven workshops. The workshops covered the following subjects - Mastering the Technique of Chasing for Beginners - Painting in Enamel - Hard and Soft Enamels - Experimental Enamel: Introducing Rust - 3D pictures in Enamel - Exploring the use of Fine Silver wires in Cloisonné - Silversmithing for Enamel The master class was also made available over Zoom for people who were unable to attend the conference in person. In many cases people who attended the conference went on to deliver the same workshop in their local regions thus meeting the Guild’s second objective to advance public education in vitreous enamelling. Regional work shops - Regions 1 and 2 Regions 1 and 2 are no longer run together but are now separate regions led By Dorothy Cockrell and Heather Croft respectively. The Cumbria group have continued to run self led workshops and have made good use of the additional kiln transferred from Glasgow. - Region 3 and 4 Workshops run about once a month and have covered the following topics: Making copper flowers, Plique a Jour, Hard and Soft enamels, Painting enamel techniques - Flowers on an enamel background, Wet Processing, High Firing and Using Tin solder in Enamelling - Region 5 Members of Region 5 have met once this year. Face to face meetings continue to be a challenge because of the distances between members. - Region 6 Region 6 have run workshops on Screen Printing and Colour Blending.  Region 7 Region 7 have have also run many more face to face workshops this year, including: Using decals with colour, Separation enamel, Everlasting Flowers, Have a Go and painting enamel Q&A, Sunlight Screens  Region 8 Region 8 do not run workshops but join and help to co-ordinate online workshops which benefit many who still feel uncomfortable with meeting in person or who cannot travel. ## **Web site** The web site continues to evolve as the Guild finds more ways to reach people who are interested in enamelling. The Guild’s master classes are now available to Guild members through the web site. ## **Bursary award 2023** The 2023 Bursary was awarded to Sarah Wilmot. The Bursary is made possible by the generosity of our sponsors - Milton Bridge, Proops Brothers, Vitrum Signum, Harrison&Harrison, Corby Kilns and the British Society of Enamellers. For the 2024 Bursary we are delighted to welcome additional sponsorship from Cromartie Hobbycraft. ## **The Journal** The Guild continues to produce 4 issues of the Journal each year, these are sent to all members. The educational/instructional articles from the Journal have been added to the relevant section of the website. ## **Financial Review** Review of the charity’s fnancial position at the end of the period. In reading this summary and looking at the accounts it should be noted that because we have changed the financial year end the accounting period was longer than usual – from 1[st] June 2022 to August the 31[st] 2023 (15 months). The Guild’s financial position at the end of the accounting period (August 31[st ] 2023) is healthy. The primary source of income is still the annual membership fees, as a charity we are able to recover Gift Aid on these. We strongly encourage all members to complete a Gift Aid form (if they are eligible) when renewing membership as this helps us to maintain membership fees at the current level. The 2023 conference made a small profit of £626.5. Conferences will continue to be priced to break even. Executive committee meetings have continued to be carried out over Zoom this year resulting in further saving in travel expenses. It is expected that one of the three meetings will be face to face in future. DVD sales have again declined this year. DVDs will continue to be available as long as stocks last. The Bursary fund continues to be sponsored by a number of companies (see above) – but all in the form of vouchers. The only external cash sponsor for the Bursary prize is the British Society of Enamellers who generously provide £300. The Guild matches this with the proceeds from the raffle held at conference - £350. ## Policy on holding reserves The Guild aims to hold sufficient reserves to be able to cover the cost of an annual conference. The conference is the Guild’s highest annual expenditure and highest risk item. In the event that we had to cancel a conference at short notice, it may be difficult to recover money that has already been committed to the venue. The amount of reserves is held is: £40743.96 ## **Structure, Governance and Management** The Guild’s governing document is the Constitution and the Guild is constituted as an Association CIO. Trustees are voted in annually at the Guild’s AGM in accordance with section 13 in the constitution. It is expected that trustees will be members of the Executive Committee and will usually include the three chairs (vice, current and retiring) and the holders of the following positions: - Secretary - Treasurer - Membership Secretary - Webmaster An additional trustee responsible for outreach is elected from one of the following positions: - Selection and awards secretary - Bursary secretary - Publicity officer This position is currently held by the Awards and Selection secretary. ## **Reference and Administrative details** |Charity name|The Guild of Enamellers| |---|---| |Other name the charity
uses|-| |Registered charity
number|1196237| |Charity’s principal
address|2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL| ||| Names of the charity trustees who manage the charity |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|Trustee name|Ofce (if any)|Dates acted if not for
whole year|Name of person (or body)
entitled to appoint trustee
(if any)| |---|---|---|---|---| ||Zoe Slattery|Webmaster||| ||Roselyn Ann
Jones|Awards and
Selection
secretary||| ||Susan Rowley|Treasurer||| ||Jacqui Clarkson|Secretary||| ||Laura Selway|Retiring chair
(2023/4)|April 2023 - October
2023|| ||Kathryn Willis|Vice Chair
(2023/4)||| ||Julia Riddington|Membership
secretary||| ||Carole Lockwood|Chair (2023/4)|October 2021 – April
2022|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** Signature(s) Full name(s) Zoe Slattery Position Trustee **Date** 20 May 2024 ## **The Guild of Enamellers** ## **Balance Sheet at 31 August 2023** |**Balance Sheet at 31 August 2023**||||| |---|---|---|---|---| |**Note**
**Fixed assets**
1
**Current assets**
Debtors
2
Bank
3
**Current liabilities**
Deferred income
Sundry creditors
4
**Net assets**
**Represented by:**
Bursary fund
Regional reserves
General reserve
5|**2023**
**£**
**£**
1,900.51
4,131.95
35,836.56
39,968.51
0.00
(967.50)
(967.50)
39,001.01
40,901.52
280.23
2,203.55
38,417.74
40,901.52||**2022**
**£**
**£**

1,855.05
506.25
41,445.10
41,951.35
(5,947.00)
(2,130.37)
(8,077.37)

33,873.98

35,729.03

16.00

2,027.19

33,685.84

35,729.03|| ||||




|| |||40,901.52||35,729.03| |||280.23
2,203.55
38,417.74||16.00
2,027.19
33,685.84| |||40,901.52||35,729.03| ## **The Guild of Enamellers** ## **Income & Expenditure account for the 15 months to 31 August 2023** |**Income**
Conference fees and tutorials
DVD/online clip sales
Risos
Other sales
Selection
Donations
Interest
Bursary
Regional income (shown net in 2022)
Subscriptions
**Less: expenditure**
Conference
Journal
Stationery & printing
Telephone and postage
Executive committee travel
Insurance
DVD/online clip sales
Library
Website
Website member events
Sundry
Bank & PayPal charges
Bursary
Thermofax expenses
Regional expenses (shown net in 2022)
Accountancy fees
PAT testing
Depreciation 25% RB
Awards & selection
(Deficit)/Surplus for the year|**2023**
**£**
**£**
25,504.45
940.55
0.00
230.90
90.00
15.00
157.25
1,165.50
5,561.20
14,950.01
48,614.86
24,877.87
6,836.58
109.98
0.00
145.74
840.00
218.18
72.85
423.00
208.66
79.97
257.85
901.27
0.00
5,733.65
720.00
63.95
1,037.81
1,263.82
43,791.18
4,823.68|**2023**
**£**
**£**
25,504.45
940.55
0.00
230.90
90.00
15.00
157.25
1,165.50
5,561.20
14,950.01
48,614.86
24,877.87
6,836.58
109.98
0.00
145.74
840.00
218.18
72.85
423.00
208.66
79.97
257.85
901.27
0.00
5,733.65
720.00
63.95
1,037.81
1,263.82
43,791.18
4,823.68|**2022**
**£**
**£**
28,842.44
1,235.95
10.00
75.65
60.00
0.00
1.06
645.00
0.00
15,166.81

46,036.91
24,214.81
7,669.00
60.70
290.85
86.34
1,484.00
132.88
134.92
572.91
228.00
115.37
1,383.16
629.00
0.00
351.23
720.00
63.95
986.80
764.60

39,888.52

6,148.39|**2022**
**£**
**£**
28,842.44
1,235.95
10.00
75.65
60.00
0.00
1.06
645.00
0.00
15,166.81

46,036.91
24,214.81
7,669.00
60.70
290.85
86.34
1,484.00
132.88
134.92
572.91
228.00
115.37
1,383.16
629.00
0.00
351.23
720.00
63.95
986.80
764.60

39,888.52

6,148.39| |---|---|---|---|---| ||24,877.87
6,836.58
109.98
0.00
145.74
840.00
218.18
72.85
423.00
208.66
79.97
257.85
901.27
0.00
5,733.65
720.00
63.95
1,037.81
1,263.82||
24,214.81
7,669.00
60.70
290.85
86.34
1,484.00
132.88
134.92
572.91
228.00
115.37
1,383.16
629.00
0.00
351.23
720.00
63.95
986.80
764.60|| ||||
|| |||4,823.68||6,148.39| ## **The Guild of Enamellers** ## **Notes to the accounts** |**Fixed assets**
Thermofax machine - cost
Thermofax machine - depn 25% RB
Kiln - cost
Kiln - depreciation 25% RB
Display cabinets - cost
Display cabinets - depreciation 25% RB
Visualiser - cost
Visualiser - depreciation 25% RB
Printer - cost
**Debtors**
Gift aid
Conference 2024
Other
Raffle
**Bank balances**
Current accounts
Region 4&7 funds
PayPal
Cash
Deposit account
**Creditors**
Conference 2020 refunds made after 31/05/22
Regional grants unpaid
Bursary expenses
Accountancy fees
Other|**2023**
**2022**
1,066.00
1,066.00
(1,066.00)
(1,066.00)
0.00
0.00
7,115.27
6,032.00
(5,530.61)
(4,661.60)
1,584.66
1,370.40
2,070.00
2,070.00
(1,925.94)
(1,846.94)
144.06
223.06
437.48
437.48
(360.50)
(318.29)
76.98
119.19
189.99
189.99
(95.18)
(47.59)
94.81
142.40
1,900.51
1,855.05
450.00
506.25
3,680.00
0.00
0.00
0.00
1.35
0.00
4,131.35
506.25
2,381.61
1,278.09
1,760.49
2,027.19
1,598.02
29,515.10
443.06
345.00
29,653.38
8,279.72
35,836.56
41,445.10
0.00
510.00
200.00
200.00
100.00
629.00
600.00
600.00
67.50
191.37
967.50
2,130.37|**2023**
**2022**
1,066.00
1,066.00
(1,066.00)
(1,066.00)
0.00
0.00
7,115.27
6,032.00
(5,530.61)
(4,661.60)
1,584.66
1,370.40
2,070.00
2,070.00
(1,925.94)
(1,846.94)
144.06
223.06
437.48
437.48
(360.50)
(318.29)
76.98
119.19
189.99
189.99
(95.18)
(47.59)
94.81
142.40
1,900.51
1,855.05
450.00
506.25
3,680.00
0.00
0.00
0.00
1.35
0.00
4,131.35
506.25
2,381.61
1,278.09
1,760.49
2,027.19
1,598.02
29,515.10
443.06
345.00
29,653.38
8,279.72
35,836.56
41,445.10
0.00
510.00
200.00
200.00
100.00
629.00
600.00
600.00
67.50
191.37
967.50
2,130.37|**2023**
**2022**
1,066.00
1,066.00
(1,066.00)
(1,066.00)
0.00
0.00
7,115.27
6,032.00
(5,530.61)
(4,661.60)
1,584.66
1,370.40
2,070.00
2,070.00
(1,925.94)
(1,846.94)
144.06
223.06
437.48
437.48
(360.50)
(318.29)
76.98
119.19
189.99
189.99
(95.18)
(47.59)
94.81
142.40
1,900.51
1,855.05
450.00
506.25
3,680.00
0.00
0.00
0.00
1.35
0.00
4,131.35
506.25
2,381.61
1,278.09
1,760.49
2,027.19
1,598.02
29,515.10
443.06
345.00
29,653.38
8,279.72
35,836.56
41,445.10
0.00
510.00
200.00
200.00
100.00
629.00
600.00
600.00
67.50
191.37
967.50
2,130.37|**2023**
**2022**
1,066.00
1,066.00
(1,066.00)
(1,066.00)
0.00
0.00
7,115.27
6,032.00
(5,530.61)
(4,661.60)
1,584.66
1,370.40
2,070.00
2,070.00
(1,925.94)
(1,846.94)
144.06
223.06
437.48
437.48
(360.50)
(318.29)
76.98
119.19
189.99
189.99
(95.18)
(47.59)
94.81
142.40
1,900.51
1,855.05
450.00
506.25
3,680.00
0.00
0.00
0.00
1.35
0.00
4,131.35
506.25
2,381.61
1,278.09
1,760.49
2,027.19
1,598.02
29,515.10
443.06
345.00
29,653.38
8,279.72
35,836.56
41,445.10
0.00
510.00
200.00
200.00
100.00
629.00
600.00
600.00
67.50
191.37
967.50
2,130.37| |---|---|---|---|---| ||2,381.61
1,760.49
1,598.02
443.06
29,653.38||






1,278.09
2,027.19
29,515.10
345.00
8,279.72|| |||1,900.51||1,855.05| |||450.00
3,680.00
0.00
1.35||506.25
0.00
0.00
0.00| |||4,131.35||506.25| |||





0.00
200.00
100.00
600.00
67.50||





510.00
200.00
629.00
600.00
191.37| ||35,836.56||41,445.10|| ||||




|| |||967.50||2,130.37| ## **Movement on reserves** |**Movement on reserves**|| |---|---| |Brought forward
Surplus/(deficit) for the year
Regional reserves brought in
Reserves carried forward|**Total**
33,685.84
2,027.19
16.00
35,729.03
4,731.90
(172.45)
264.23
4,823.68
348.81
348.81
**General**
**reserve**
**Regional**
**Reserves**
**Bursary**
**reserve**| ||38,417.74
2,203.55
280.23
40,901.52| ## **Commitments** At 31 August 2023 the Guild was committed to paying to Signed: Zoe Slattery Trustee 20[th] May 2024 REGISTERED CHARITY MJMBEIL. 1196237 CHARITY COMMISSION AUDITED FINANCIAL TATEMENTS FOR THE PERIOD I JUNE 20 GUST 2023 FOR THE CU ELLERS FI CRT Limitsd Flat 24 Wellingtonia Court Lakn¢ Close Brightott East Sw8¢X BNI 6TD THE CUILD OF ENALWJELLERS CONTENTS O FOR THE PE AN AL STATEMENTS 2022 TO JI AUCUST Po Repjrt of the Trustees I to 5 Independent Examinerfs Report Slatsmtnt of VlnAnelAI Actlvities B4l&nce Shelt Notw to the Flllancial Statements 9 to 14 LD F ENAMEtLEIiS REPORT OF THE TRUSTEES ODI NE 2022 I AUGUST 2023 Th¢ tru5t¢cs pr¢￿llt th¢ir T¢ikn with tho financial stalement5 of the ctrLarity for the peiiod l June 2022 10 3 1 Au8USt 2023. The trustees have &dopted the provisions of Accounting and Reporting by Chariueg.. Statetnent of Kecornded Practice applicable to charit(es prcpariug. their a¢¢ouD*s in w¢ordmce with the Financial Reporting Sta]MlaTd applicable iELtheUK and R¢publi¢ of Ireland (FRS 102) (cffective l January 2019). oKtECTtVES AND ACrIviTIES Objectlves And aimy The Gujldls objlxtives are l. to further the pre8eryatiDn. ski]L excellence alld improvement of CraftSM￿h1P in vitrwus eJ]athelling for the beuofit of public, and 2. to advauce public edu¢ation in such craftsmanship. Synificant activiti¢8 The activÉties that bHve Ix¢n ¢atTied out sin¢e Jun¢ 2022 in support of these objectiveB are.. . Annual ¢oJ]f¢tpnce . April 2023 - Regional workshop$ - On-line workshops - The quartwly journal - Web site- short tuloria]s, arti¢les added. - BuTSary Award 2023 More detail is given on eath of these in th¢ follo￿￿n8 8ectioll. Membership of the Build of ¢natnellers is upen lo any D)ember of the public w￿9 Js ititer¢¥ted iii vitreous enomellillg so all of these a¢tiVi1ies are ftligned wsth the rws,' a).There rnusl be Ht least three charity trustees. If the number fttlls below tbis winimun4 the T¢maiDiDg trustee or trusteeg may act 0￿Y yo CALI a llLeetin8 of tb¥ charity tr￿te¢s, or appoilll & new dLartytru¥tee. b).Tkne llthimutn of charity tmswes Is hvefve. The chaTity trllstecs may not appoint any trusl¢c if as a i¢sult the number of charity trustees would exce¢d the maxiMll￿. Page 3 THE GUILD OF ENAMELLERS REPORT OF THE TRUSTEES R THE PERIOD I JULNE 2022 TO 3 AUCUST 2023 REFERENCE AND ADMINISTRATIVE DETAILS ReglsterEd Charity llumber 1196237 Principal address 2-3 Stabl¢ Court H¢Triatd Park He￿la￿a RG25 2PL TrMstte$ Z Slattery (Webtnaster) R A Jottes (Awards and Sele¢tioll Se¢tEiary) S RowlEy (Trea8urer) J CIRykson (SecretAry) L Selway (Retiring Ch8ir (2023124)) (appointed 1.4.23) (￿si￿ed 31.10.23) K Wilts (Vlce Char {2023124)) J Riddington (Membership Secretary) C Lockwood (Cknair 2023ll4) Indep¢ndC￿t Ezamlner Christoph¢r Robvrt Tyler FCA DCbA FCLE FI CRT Lituited Flat 24 W¢llin8tonia Coutt Lain¢ C103¢ BrightOD EA8t Sussex BNI 6TD Bankers Coknoperative Bank PO Box 250 Delf House So￿bWaY Skelmersdale WN8 6wr HSBC Eastinswoid Market Plac Yorksbll Y0613AA Lloyds Bank Chelmsford Legg St 05 l Legg Str¢et Ch¢itllg(ord Es￿A CMI IJS and 186 Str¢athaffl Etigb Road Lo]￿on SW16 IBE STATEMENT OF TRUSTEFS, RESPONSIBILITIES The trUSt¢¢s are reyponsible for prwillB the Repi)rt of the Trusteos end the financial ststements in accordaftco witb applicable law al￿ United Kingdom Accoutttllig St8ll(lavds (UllLted Kit)gdom Genernlly Accepted Accountill8 PLTdice). Page 4 CUIIJ) OF ENAl4QELLERS RE RT OF THE TRUSTEES RTHEPE JUF4E 2022 TO 31 AUGUST 2023 STATEMENT OF TRUSTELS, RESPONStBILITIES- CDntlDued Th¢ law applicable to churilies in England and Wale4 the Charities Act 2011, Charkty {Acc(yunts and Report8) Re8u]atiODS 2008 and tEL¢ proviyions of th¢ trllgt deed requir¢g t]Le tNgtee& to prepare financial statemenfs foT each fimioci7J year which giv¢ & tw¢ and fair vi¢w of the state of affairs of the cTharity alkd of the incoll]ing resouwes wd applicatioll of r6sources, including the inco]ne and expendituTrE. of the charity for t1￿ perio& In preparing dios¢ f]Dancial statements, the trustees are ￿quired io sOcct suitable accounting policies and ttMI 8pply thellj consi8t.ently,' obserye the ￿etIl0dS and prin¢ipl¢s in the Chariry SORP; make jud8ernents and estimates t1￿ aye reasonabl¢ 8nd prudenl: prepare the financia] st&tements on the going concern b&$is unless it 18 ItiappropTLate to presuntr tbat the thity Fill Th¢ t￿Ste0S are T¢SPOll5ible for k¢¢piug prop¢r ￿¢0￿￿t￿]g record5 which disdose Mqth reAsonable accuracy at tim¢ the fll)an¢i&l PDsiIiDn of the Charity and to enable them to ensur¢ that the fll]an¢ial statem¢nis comply wlth the Charities Act 201,1, the Charity (Accounts aud Reports) ￿gUlatiOnS 2008 avd the provisions of tho trugt dee¢L Thcy are a15Q responsible for safeguarding the assets of the Charity and h¢n¢¢ for ioking Tea8onable steps for the prevention aT detection Df fr￿d and other irregu]arities. Approv¢d ty order of the bostd of tyste¢8 on... . and SI￿ed on its behalf by: z S￿tt￿- Trustee Page 5 EPENDENT EXAMINER'S THE GUALD OFE THE TRUSTEES OF Independent examiner's Teimirt lo the trnstees of The Guild" of Ellamellers I report to the charty trustee5 on my examithots of the accouffls of The Guild of EllamelleL3 (the Tr￿St) for the period l Julle 2022 to 31 August 2023. Re5P(kll51bllitle5 knd basis of report As the charity tn]ste£s of the TDJSt YO￿ are T¢spJll5ible for the prcparotion of th¢ 4CCOUtLts in acco1(tan￿ wilh the requirernenÉs of the Charities Act 2011 ('the Act). l ￿port IYK r¢S￿¢t of tny eXa￿)natiOn Oft￿ Th1gVs accounts ca￿led out lllkder Scctioll 145 of the Act and in carrying out my oxamimatiott I have followed all applieable Directions given by the Charity CornTnis8ion ulld£r Section 145(5)(b) of the ACL Indepelldellt examlner's ytstement I hav¢ ¢ompleted my examination. I coJ)finn J)0 material n￿llerS have ¢orne to my attention in coyll￿C￿ott with the ¢xamin4tion giving m¢ Ca￿S¢ to believe ihat in £myrnaterial ￿8pe¢l.. o¢CountingTecordsw￿e nol kepl in Ttspect of the Trn8t as requtred ty Section 130 of the Act. or the accA)unts do not acci>Td with those r￿ordS. or the a¢wunts do not cotllply with the applicable Tequirements concern1￿Y ihe forn) and cont¢Trt of accDunts set out in th< Charities (A¢¢ounts and Repoffs) Regulations 2008 other t1￿1 ally requirement that the accounts giv¢ true and fair view whi¢h is not a matter c4)n8kdered part of an illdepondent examinAtiOJL I have no concerns and ha￿ ¢om¢ across DO other rnatte￿ in cotu)#ctioll with the ¢xan)inAtion to which Attention should be drnwn in this report ill oider to ¢nabk a proper understandll￿7 of tho accounts to be reached. .Christopher Robert D4er FCA DCbA FCIE FI CRT Limited Flat 24 Wellingtonia Court Lai]ie Close BriglLton E9St Sussex BNI 6TD PagTe 6 F E￿Al￿ELLERs STATEMENf OF VANAJ¥ IALA FOR THE PERIOD I JUNE 2 22T Period 1.6.22 Period 1.121 31.8.23 Unrestricted 31.5.22 Total fi]nds Notes INCOME AND ENDOWLIQENIS FROM DO￿lOnS alld legacies 47,547 46.082 Other trad]ng activities tnv¢St￿e￿ income 1262 157 KJ82 Total 48,966 48,065 ExPETr4DITURÈ ON Charitalile activities c￿arity expenditure Support ¢0515 43,074 720 41.196 720 Total 43.794 41.916 NET INCOME 3,172 6,l49 kECONCILIATTON OF FUNDS To￿] ￿￿￿8 broLl8ht fonvard 35,729 29,580 TOTAL FUNDS CARRIED trORWARD 40,901 35,729 The forni part of these finHn¢ial statement5 Pa8e7 THE GUILD OF ENAMELLERS CE SHEET IAU 2023 Unrestricted funds 2022 Total ful￿8 Notes FIXED ASSETS TaDgible assets 1,901 1.855 CURRENT ASSETS DebtOE5 Cash at and in haud io 4,131 35,837 506 4J.445 39.968 41.951 cRED￿oRs Amounfg fallitt¥ due within on¢ (968) (8.077) NET CURRENT ASSETS 39,000 33.874 TOTAL ASSETS LESS CURRENT LIABILITIES 40,901 35.729 NET ASSETS 40,901 35,?29 FUNDS U)restricted fiu￿5 12 40,901 35,729 TiYfAL FUNDS 40,90I 35,729 The finAnciAI s*ateiD¢nl$ were approved by the BoaTd of Truste￿ and 8uthori5ed for isgue OD alld w*¢ sigued on its behalf by: Z Slattery- Truste¢ Tb8 notes fom part of these finaa¢ial st8tell)oThts Page 8 THE GUILD OF NAMELLE NOTES TO THE FiNANCIAL sfATEMENTS OR THE PEIUOD I JULYE 2022 TO 11 AIJ T 2023 CCOUNTING POLLCIES Basts of preparI￿g the Ihnan¢iai 5thtements The financial statements have Ixen prepared in accoTdatt¢e with Accounting and Reporting by Chayities.. Statell)ent of Recommended PTacti(* applicablt to ¢harities preparing theii a¢¢oullts in a¢¢ordance with the Financial Reportin$ SÉandard applicable in the UK andRepublic of Ireland (FRS 102) (effe¢tive I lanuary 2019) - (tlwities SORP (FRS 102)), th¢ Finan£ial Reportin8 Standwd applicable in the UK and Republic of Ireland (FRS 102) and the Chariti¢Y Act 2011. Th¢ Guild of Ell8mellers meets the definition of a public entity under FRS102. Assets and liabilities are illitially rewguis¢d at histori¢al cost ot transaction value UDles5 oth¢Thvise 5tsted in thcr¢levaDt ac¢ounling policy note. The TTusÉe¢s Consider there are mat¢rial unc¢rtainties about thc ch8riWs ability to continue a8 a going conce All incornE Lg r¢¢o8tLised in the Stalomenl of Financial Activities once thE Gharity bas elltitlemellt to th¢ funds. it is prob8blc that th¢ iucome will b¢ r¢￿1Ved at)d the atnount tan be mC￿surEdrdiabjy. Tncome frorn donations 15 P¢WUrted tor &9 receiv￿ by tbe ¢h8rity. The income from fundraising v¢lltUTCS 1$ showth gross, with the &sso¢iated costs iTholuded ill fimdraLSlll8 costs. The value of wjluntary work 1$ uot in¢ludgd in the fvllartcial sÈatemwt& In￿rn0 from membership sUbs￿]p110lls is PCCOUllted for on a c&sh bagig. lllcome from goven]m¢nt and othvr 8rallts, whether '¢apital' wts or 'revenue' grollts. is re¢ogDiSed when Ib¢ harity has entitlement to tho funds, any performan¢e CODditions Attached to Ihe grants have beert me( It i probable that the iticorne will be r¢c4ived and the amouni ¢an be me&8ured reliably und is Dot deferred. For lega¢ieg. eDlitkment is taken a5 the ¢arlier of the date on which ¢ither', tbe charity is awpre that probuto ha5 been grant¢d, the estate has been f￿9115¢d gnd llotificatim has been nknd¢ by th¢ execiltorfi) to the charity Iha¢ distribulioll will be made, or when a distribution is received from the estate, Re￿ipl of a legAcy, in whole or in prt is ollly Considered probable when the amoullt cHn b¢ measuied Teliably alld the charity h&$ been notifj¢d Df the executOT'g int¢ntion to make a distributloll. Wltsr¢ legacies b8ve been notified lo the ¢hority, or ih¢ charity 15 aware of the ￿ting of probut¢, and tbe criteria for income reCo￿]tIOn hav¢ nDI been rnet, then the lew is tstaled as a ¢ont&Dg¢nt &88et #Dd dls¢losed if mat¢Tial. Int¢rest on held on depostt is included whell re¢eivabl¢ and the amouot cau be m¢nsured reliobly by th¢ h￿lty. thi5 19 nonnaily w)ottnotificatioll of the interest paid ur payable by the Bank Expendltur¢ Liabililies Hre reco￿lSed as expendi￿re as soon 88 tjiere 15 a legal or cottstrJctiY¢ obli￿tiOn cornmitting fbe ¢btirity lo that ¢xpendituye, it ig probable tbat a trJn$fer of ecottornic benefits will be r4uired in settlement and the Jmounl of the obligation cats be M¢￿ured reli&bly. EXpellditt￿e ig ACCOUttted for on OL accruals basis and bas been elassified und¢r headings ihttt agsreggte All oost Y¢lated to the CAtegory. ￿er< costs cannot be dir¢ctly ottrikntEd to particu14r hoadin¥ they bave be¢u allocated to activ5ties ort ll b&5lS C011515tellt with the us¢ of resources. Tattilblè flxed Mssets Depreciation is PToVLded ot the followill8 annual ratE$ in order io Nyite off èach asset over its estimated usefvl Plant m8cbll￿ry 25Dh on redu¢in8 bal￿￿¢ Tax&th>n The charity is exernpi from tax on its charitable activities. Page 9 ¢ontinued... THE GUILD F ENAMELLERS NOTES TO T FtNANCIAL ST iWEKfs- contlnued FOR THE PERIOD I JUN 22T031AU 23 ACCOUNTING POLICIES- colltinued Fund accounting Ullrestri¢ted call be ￿ed in accordanco with the charitable obje¢tiV¢S at the discretion of the trust¢es. Restri¢t6d fullds can only be used for parti¢ular rcstricted P￿rposeS within the obie¢ts of the chority. Restrictions arise when specified by the donor funds are raised for ￿rticUlor restrictsd putyoses. F￿rther explanation of tbe llat￿re aThd purpoke of each fund is iD¢lud¢din the noies to the fIn￿￿18] $t2te]neDÉS. Debtors Tr8de and other debtorg aro recogllised at the settlemellt amount duc after ally trade di8couth offered. Pr¢paynents valued at the arnO￿t prepaid net of any trade discouths due. CAsh at bHnk and in hamd Cath at b&nk and cath in hand includeg ¢ash and short tenn hishly Ilquid investmonts with 8 short ￿￿turitY of three Tnolltbs or less from the dete of acquiyition or openin8 of the deposit or siu]l]ar &ccoullt. Debtors Trade and othEr d¢btot3 are Te¢O￿lSed at the settlen]0fft omouttt du¢ &ft¢r w trado digcouni offere(L PrepayJbLmts are valued at the amout)t prepaid net of artytrade dig¢OLllrt5 due Creditors and provlslon$ Creditor5 and provisions are r