THE BYRON SOCIETY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 REGISTERED CHARITY NO: 1197293
THE BYRON SOCIETY FINANCLIL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2024 INDEX Page Trust InfoTmation Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balance Sh¢¢t Notes to the FAnan¢Aal Statements 10-16 The following page8 gre for manggement purposes ODty Dclailcd Incomc and EXpcnditU Account 17
Page I THE BYRON SOCIETY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 TRUST INFORMATION Trnst¢¢s: Lord Byron Mr Bernard Beatty Mr Kenneth Robbie Mrs CJl11ian Woodeo¢k Dr Emily Puter8on-MorgJan Professor Sir Roderick Beaton Dr Karen Cain¢s Mr Richard Deakin Dr Chrisline Kenyon-Jones Dr David Wo(Klhouse Prlnclpal Addregs: 66 Park Hill London SW4 9PB UK Charity Status: Registration No 1197293 BankerJ= M¢tro Bank On¢ Southampton Row IndOn WCIB SHA Independent FJxaminer. Abraham & Dobcll 230 Shirley Road Southampton S015 3HR
Page 2 THE BYRON SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DF.CF.MBFR 2024 The Tnistees present their rewlrt and unaudited financial statements ofthe Charity for the year ended 31 December 2024. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Do¢umentlOry*nisational Siructure The Byron Society is a Charitable Incorporated Organisation CCIO) which w&8 registered The Charity Commission on 23 December 2021 (charity number 1197293). Pursuant to an agreement dated 31 December 2022, the Trustees of The Byron Society, charity nuTnkr 265458, (the Old Society) trdnsferred the whole underthkin8 of the Old Socicly as a 80in8 concern. with all Sets and liabilities. including, without limitation. IK)ok debts. cash. contracts, gifts, goodwill, intcllccluai propcrty rights, rights of artion and tccords to th¢ CIO, Thc CIO th¢rcforc conductcd the activitic5 of the Charity from l January 2023, as was reflect¢d in its first full Financial Statemcnts for the financial year ended 31 December 2023. During the year ended 31 December 2024, the officers of the Charity were: l.ord Byron Mr Elernard Beatty Mr K¢nn¢th Robbi¢ Mrs Gillian Woodcock Dr F.mily Patcrson-morgan President and Deputy Chair Vice President Chwr Secretary The other Trustees of the Chatity during tbe year were: Prof Sir Roderick Beaton Dr Karen Caines Mr Rlchard Deakin Di Christine Kenyon-jones Dr David Woodhou5e Rlyk Management The Trust¢es have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provi(k reasonable assurance a8ain5t fraud and error. Trnstet Recruitment and Appoinlment Trustees seek to ensure that the needs of the Charity are adequately represented through the diversity of the tn]stee dy. TrsteeS are apwinted by agreemenL followlllg appb'cation and interview.
ThE BYRON socIErY REPQRT OF TrE TRusfEES (CONTKNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Page 3 OWECTIVKS AND ACTIVMF ObJecthv¢¥ and Alm• The Byron Soci¢ty aims to SUPFQrt uCation atKI research into the life and work of the poet Lord Byron. A¢bi¢vemeDts Dd P¢rfornAnc The Byron Society enjoyed a particularly 1ve Fmgramme of events 2024 &8 18th Aptil marked th¢ bicentennial of the Lord Dyron's dth in Messolon%hi, Greece. Special events included a Memorial Seryicc ai Wthiin8ter Abty with a series of readings from Byronlsts and Byron's desdants followed by dinner at the House of lths. April also saw the Byron Society tAk¢ over the organi2ation of thc annual Newstead Abbry Byron Conference. The Society sponsored various ev¢nts Such as a special panel for early-career Byron schol8rs at th¢ LThfcren¢e organised by the British kn)ciaiion of Romantic Studi¢s and a drinks reception at the British Library (in Collaboration with th¢ Wordsworth Trust) ay part of an a1144ay session on Byron. Threc Swdeni travel bursaries wer¢ iyovidcd for the Newgtead AbEty cOnftte. Tr S(xiety's we] was updated to include weral new featu5 and make11 easier to share infornwtio The Society once aaain awarded a PhD Bwsary for which the an en¢ouraginB level of strong applie4tions. Two editions of The Byron Journal were published, thi5 15 the leoding forum for authorities on Byron And contAins 8cholarly articl and notes on all 08pts of Byron'$ writings and life. Th¢ projc¢t to tElocate the Byron Memorial Sthtue in London from its for8Ort¢n and negle¢kd 5jte on & Park Lar traffic island to a prominent location in Hyd¢ Park continued. Fundraising efforts were successful and culminated in a grant frozn the NationAI Lottery H¢rita8c Fund which will enable the project to Work on the move is eXpted to be8in in April 2025 and b¢ completed before the erKI of the year. Pubiie Ben¢fft Th¢ objects of Ibe Charlty are the womotion ofethution and research into the lif¢ and work8 of Lord Byro Th¢ tru8t¢e8 confiTm tFw have referred to the guidance eonlained in The Charity Commission's gener81 guid8me¢ on public knefit when reviewing the Charity's aims and objectives and in planning futur¢ aGtivitics and settin8 the policy for the year. The Charity genmtcd a sutplus in the sum of£5&104 (2023 - £31.804). The 2023 surplus included a one-off donatioD from The Byron Socicty (the Old kniety) of £40,295. Without this oneff donation the Charity would have recorded a deficitof48.491) for the year ended 31 December 2023. Re£eipts kncludinR the donation from the Old slty totalltyj £126.041 (2023 - £90,191). The exFenses were £69,937 (2023 . £58J87). The totsl Fun(ts Ls at De¢emkn2024 arnounted to £87,908 (2023 - £31.804).
Pa%e 4 THE BYRON sOcy REPORT OF TKE TRUSTEFS (CONTINUED) FOK TIIE YEAK 31 DECEMBER 2024 FtNANCIAL REVIEW {CONtINUED) The Charity wishes to eXPFess its gratitud¢ to the Elma Dangcrfield Tn]st for Fyoviding financial support during the year and ts N¢wst¢ad AW. Rtterves Pollry GolDg CoD¢erD It 15 the policy of the ChaTity to rnaintsin w)restricted firnd4 thich are tk fr& of (J)arity. at a level gufficient to cover their immediate pian& The Tnmees ate of a vi¢w that th¢ Charity 18 a going oJncenL FUTURE DEVELOPMENTS In 2025 the Society will continue to organise a full prOgran of evettt41 in-person and online, in gUPP)rt of its aim to educatr the public and promote reSe4h In the lif¢ and works of th¢ poet Lord Byro Efforts to promote research into the life and works of Lord Byron will continu¢ with supp)rt for PILD students. publication of The Byron Jownal and the Newste&l Abbey conferenoe. The Charity will also continue to work wlth oth¢r Byron SOCI1¢8 globally through th¢ International Association of Byron Socidie& The rclocation of the Byron Memorial Ststue is a major underthking for the Charity and will involve liai80n with many different stakeholders. Th¢ Telo¢ation a130 wvid¢3 an opprtunity for a wide- ranging ¢n888ement programme includin8 a ititttpretstion board with a link to a ncw Hydc Park Byron Memorial website. a do¢ument8ry atr)ut the move, a downloadable audio walking tour around Byron's London, a 3D virttl iour of th¢ support for digital UcatiOn materials aim¢d at GCSE Énd A-level students. ATEMENf OF TRusfEKS• RLSPONSIBILTfiLS The Trust¢cs are r¢5pon8ibl¢ for preparin8 the TrustCe5' Annudl Rep)rt and the Financial stsiemenls in accordance with applieabEe law and United Kingdom Accountmg Standards (United Kin8dom Generally AcrLptcd AGcoull1i Piac4ice). The law applicabl¢ to chariti¢s in England and W3le5 requires the TnL8tees to prepate Finanei81 StaÈetTrcnls for each financial perio& which give a true fair view of th¢ sthte of the affairs of the Charity And of its incomitig resources and application of resourca8 of the Cjwity for thar pwioL In select suitable QCCOUDting p)li¢ics ond then aR)ly them ¢onsistently' obs¢rY¢ thr mcthods and principles in tbe Charities SORP. ne judgements and 7rne5 thai are tcasonablc atKI pnKIGn whGth¢r applible UK accowitins standards have been followe(L subject to any material depart disclosed and explained in the Sthtements: and Pr¢p¢ th¢ Financial Statements on the going eoneern knis unless it is inappropriate io pte2un* th4t the Charity wiii CO]nUe on thai bo010.
PAge S THE BYRON socirry REPORT OF THE TRUST (c0MIED) FOR ThE YEAR ENDED 31 DECEMBKR 2024 STATEMENT OF TRUSIDS, RLSPOIYSIBILrrILs (corATJIYUED) The Trustees Twonsible for nlAlnE propcr ac¢ounting recrdS which di3closc, with reasonable frturacy at any titk4 the finarKial F*)sition of the Charity and to enable them to ensure that the Financial Statements ¢omply with th¢ Chtiriti¢s Act 2011. the Charity (Accounts and RepoTts) Regulatio8 2008 and th¢ provisions of the trust deed. lly aT¢ also rc5p)nsiblc for 5afcguatding the asscts of th¢ ChaTity henffj for tsking Telnable steps for the prevention and detection of ACCOUNfAKrs A reA)lution to [CppoInt Abrahatn & as ItNlcFcndent Exami will ir propjsed at the forthcoming meeting. Approvcd by th¢ order of the Board of TrJste¢s on 30 Aprll 2025 and slgned OD its bebalf by: LORD BYRON TRUSTEE
P4ge 6 REPORT OF THE INDEPENDEIYT EXAMtNER TO THE TRUSTEES OF TIIE BYRON SOCIETY FOR THE YEAR KNDED 31 DECEMBER 2024 I reprt on the Accounts of the Clwity for the yur ended 31 DeceAnber 2024, which we 8re set out OnPag 8 to 16. RKSPEcfivE RESPONSIBILrriES OF TRUSTELS AND EXAMINER As th¢ Charity's Tntte4 you arc res1)]e for th¢ pry10 of th¢ Awounts and you wnsid¢r that the audit requirement of sedion 144(2) of the Charities Act 2011 (tbe 2011 Act} does not apply and that an Independem Examination is needed. It is rny respKsnsibility: to exarni the #cc4)unts (under sectton 145(1) of the 2011 Act)" to followthe wocedures laid down inthe General Directions given by The Chatity Commission (der stiOn 145{5)b of the 2011 Act) and to state whether particular matters bave come to my *tentio BASIS OF ExAm's REPORT My examIn10n Wds wried out in ardance WAth th¢ General Dire¢lions given by The Clwity Commission. An examinthon includes a review of the ac¢ouDlinE records kept by the Charity and a comparison of thc accounts pre%nt¢d with thos¢ T¢rd& It also includes nsid¢ration of any unusual items or disclosures in the &ceounts and s¢¢knng explanations from you as Trustees conrKrning any such matters. The procedures undertaken do not jrovide all the evidcnce that would be required in an audit all conseqwitly. no opinioll is given to whether the accounts ptescnt a 'true and fair vicv/ the re is limited to tIM)s¢ mattets sct out in tbe 5tatcments below. INDEPENDENT EXAMINER'S STATEMENT In c4)Jmeetion with my examinatio no matter Iw Come to my attention: to keep accountiug ttLrdS in aCcOrdae with secfion130 of the 2011 Act and to prepare Accounts which a(xord with the accounting records and to cx)mply with the aw4JUlltitLg r4¥uiranuTrts of thc 2011 Act have not been met: or
REPORT OF THE INDEPENDENT EXAMThER {CoNTUED> TO THE TRusfELS OF THE BYRON socIrrv FOR THE YEAR ENDED 31 DECEMBER 2024 Pa£e 7 INDEPENDENT EXAMThER'S sTATEMEr (CONTINUED) to whi¢l4 in my Opinio att¢ntioD sll1d k dra in ordtt to enable a proper under5tandin8 of the OUnts to be Th¢d. DAVID J lAr FCA INSTITUTE OF CHARTERED AccoiwfAIYTS IN ENGLAND & WALLS Z30 Shlrley Road Southxmpto SOIS 3HR 30 April 2025
Page 8 THE BYRON SOCIETY srATEMENT OF FINANCIAL AcfIviTILS FOR THE YEAR EF4DED JI DECEMBER 1024 2024 UnrnJtri¢tcd Rutricted Total Vu4ds Funds Funds 2023 Total FuDds Note• COME Donations aDd1¢8acies Charitable activities Investmcnts 26,090 15,151 244 84556 110,646 89,714 15.151 465 12 TOTAL INCOME 41.485 84,556 126,041 ¢X),191 EXPEI¥DrruRE Charitable activitiej 42.099 27,838 69.937 $8,387 TOTAL EXPENDITURE 42,099 27.838 69,937 58.387 Nrr INCOMEJ(EXPENDITURE) I NET MOVEMENT IN FUNDS (614) 56.718 56.104 31.8(14 RECONCILIATION OF FUNDS TolAI fiuth brought forward 30,698 31,804 Total funds Carri fon¥ard £30,084 £57,824 £87,908 £31.804 The not¢s on pages 10 to 16 forni part of thes¢ Financial Ststement& The Stst¢ment of Financial Activities all gains and 10&8es Tecogniscd in the yur. All income and ¢xp¢Dditwe derive fmrn coDtinuin8 a¢tivitie
THE BYRONSOCIETY Page 9 AS AT 31 DECEMBER 2024 2023 CURRENT ASSET3 Cash at bank aod in hatKI 89588 35.9 89,588 35.944 LIABILITILS Creditors: Amounts fallin8 due within one yeof 1.680 4,140 NET CURRENT ASSETS 87.908 31.804 TOTAL NET ASSEI 10 £87.908 £31,804 THE FUNDS OF THE CHARITY: Unrestricted fithdj R¢S¢[ed income funds 30.084 57.824 30.698 1.106 £87.908 £31,804 Approvtd by th* tru¥¢eu •)n 30 Aprll 2025 and i18ned oa thelr Ixhalf by: LORD BYRON TrUSTEE
Pggt 10 THE BYRON SOCLKTY FOR THE YEAR ENDED 31 DECEMBKR 2024 ACCOUNTllYG POLICIFS The accounting policies are 8wi]rn below aTrl1ove been app]iryl ¢onsisntly througknut the yesr and in the prling perio (A) Basls of A¢¢ountlng The Firlancial Statements have kn prepra und¢r th¢ hi8tori¢ cost nventiOn with it¢m3 r¢wsnisd at wst or transaction vglue unless other4we stated in the notes to these Financwl Stat¢mcnts. The Financial Stat¢ments bavc b¢¢n wepgred in a¢¢ord8nce with th¢ Statement of Rmmended Prxtice.. AtUnting and Reporting by Charities preparing their A¢Unts in Accordance with FiDancithi Reporting Standard applicable in the UK and Republi¢ of TrelAnd FRS 102 issued LM 18 July 2014 and the Ch8rltics A¢t 2011. Assets and liabiliti inilially reco8ni8ed at historical cost or tranwtion value. The FinarKi81 Stat¢m¢nts ar¢ prePed in sterling, which is the functional currency of the Charity. Mon¢tary anx)uftts are rounded to the n¢arest £. The Charity mtitutej • publlc entity IrIt defuyd by FRS 102. (b) PrepaTatk)n of th¢ A¢ewnts on a GolDg Concern B•sts The trustees have pre Ib¢ Financial Swem¢nts on 4 80in8 ¢on¢ern b8SiS. (c) Ineome This represents subscriptions and dortioTelyiVab1e together ioyaltics and inrxme from various funclioDslaclivities. All ineome is included in the Ststem¢nt of Finan¢ial Activities (SOFA) wh¢n the Charity is entiiled to the income and the amount ean be quantified vjith reosoDablc accww. The followitig SPlfi¢ polices we applied to prticular categories of income: SllbgeriptiOD8 Thu¢ JuE4¢rlptions t¢ceivd durin8 the yeAr And subscription feas held ith the Churity's Paypal 7KcoullL of wbiGh to earlier yeats. Investment In¢omt Grts gnd DoutloD Grnits donations are only Iluded in the SOFA when the Charity has unconditional entitletn¢nt to the resource&
Pagell THE BYRON SOCIETY NOTES TO THE FINANCLIL AUTtVlTIES (coiYriNuED) FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES (coprfiNUED) (d) ExpendAture Expenditure is recognised on an aeonMI b&8iS &8 a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and 18 reIK)rted as part of thc expenditure to which it rclatcs. Support costs cotnpTlSC those costs incurr&l by the Lharity in the delivery of its activities and services to its memErrs. Governance $ts include those costs associated with meeting th¢ Constitutional and statutory r¢quiren)ents of the Clwity. (e) Debtors 'rrade and other debtors are recogNsed at the settlement amount due. Prepayments are valued at the amount prepaid. (O CA8h At Bank And in Hvdnd Cash at bank and cash in hand includes cash and short tffln highly liquid inv¢sttn¢nts with a short rnaturity of thrce months or less from the date of acquisition or opcning of the d¢posit or similar accounL (g) Creditors and Provuions Crcditors and provisions are recognised where the Charity bas a present obligation resulting from a past event thut will probably result in the transfer of fimds to a third party and th¢ amount du¢ to settle the obliRation can be MSured or estimated reliably. Creditors and provisions are nornially recognised at th¢ir settlement amount. (h) Donated Services Donatcd scrviccs and facilities ate includ¢d at the value to the Charity where this can be quantified. (i) Fund Accounting Unrestricted fithds are general funds available frir we at the dis¢r¢tion of th¢ trustees in furtherance of the general objectives of the Charity Restricted funds ate subjecl to specific restrictions on their expenditure imposed by the donor or through the ternls of an appeal. The purpos¢ and use of restiicted funds s¢t out in th¢ not¢s to th¢ Financiaj St4t¢m¢nt5,
Page 12 THE BYRON SOCIETY NOTES TO THE FTNANCIAL AcrIvrriES (CONTINUED) FOR THE YEAR ENDED 21 DECEMBER lold DONATIONS AND LEGACIES 2024 Unrestricted Restri¢ted Total FuDds Funds Funds 2023 'rotal Funds Donatton from Old Society Donations and grants Members, subscriptions 40,295 46,500 2,919 20.(M)O 84,556 104,556 6.090 Total £26.090 £84,556 £11 O.fJ46 £89.714 In 2023 the donations and legacies received were £89,714, of l¢b £63,214 were unrestricted and £26,500 were T¢stricted. There wer¢ no donai¢d serviS and faciliti¢s rcccivablc which could be quantified in the year {2023 - £nil). C.HARITABI.F. ACTIVITIF 2024 Unrestrieted Reslrfcted Total Funds Funds Funds 2023 Total Funds Funcliuns Byron journal 10,878 4.273 10,878 4.273 £465 £15.151 £15,151 £465 In 2021 the charitable activities income of £465 Was unrestricted. INVESTMENT INCOME 2024 Unrestricted Restrieted Totsl Funds Trund3 Funds 2023 Total Funds Bank intcrcsl £244 £244 £12 In 2023 the invest¢1 incotoe of £12 w&8 unresttlc
BYRON SOCltrY Page 13 NOTFS TO THE FINANCIAL AcrivrriFS {coNfUED) FOR THE YEAR ENDED 31 DECEMBER 2024 ANALYSIS OF EXPENDITURE ON CHARtTABLE AcfiviTIL8 2024 2023 RwnDID8 Byron Total Total Costs FuDd• Fund• Ma48ement fe Statue expenses FutiOnS and meeting expuues Byron Journal production Don2tion4 bursari¢y and awardts SuptK)rt cosrs Governance costs 6.320 6.320 27,838 29.637 23,399 8.518 2.475 3,721 6.353 ,227 1,872 1.784 1,680 1.500 27,838 23,399 2.475 6.353 1,872 1,680 Total £42,099 £27,838 £69.937 £58,387 Of the expenditire on charitable activiti¢s in 2024 of £69,937 (2023 - £58,387), £42,099 w¢ Iinrestrictcd funds (2023 - £32,993) and £27,838 wcte restrict fund8 (2023 - £25.394). ANALYSIS OF GOVERNANCE AND SUPPORT cosrs The Charity identifies the costs of its supprt fuwtions. It then identifiu those costs which relale lo the govern1¢ fimction. Having identifiol its 8ovenwe costs, the remainin8 SUPP)rt costs tO8ether with the governanc¢ wsts are apFM)rtioned beThveen the two key charitable activities undettaken (see note 5) in the year. Refer to the tAbl¢ below for the blS for aPrtiOnMent and the analysis of support and sovernat GM•rAI Gov¢rnanee Support Funetion BASIS or ApportloDmeDt TotAI Posts8e lad station Pay] cbarges arKI fees Website. IT and ftwa Pmrl0Tral fees 467 105 98S 31MJ Usage TrantIOnS U5ag¢ Tranwtiottj GovemonrK TroThsaetiofis 105 985 300 1,680 15 1.680 Sundry costs 15 £1.8T2 £1,680 £3,552
Page 14 THE BYRON )CIETy (CONTINUED) FOR THE YEAR ENDF 31 DECEMBER 2024 ANALYSIS OF MANACEMENT COSTS, MANAGEME NUMBERS. TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANACEMENT PERSONNEL M•nAgement Cojts MAnagement costs were as follows: 1024 2023 Management fees £6.320 £5,000 MAnAgeMeDt Numbe The average number of m8nagemeni wwnnel duTing th¢ year w&8 1 (2023 - 1). Trustee's remuneratlon gDd r¢18t PArty traD8Atho No trustees rettived any remuneration or benefits durin8 the year ended 31 December 2024 (2023 - £nil). There were no trustees, expenses paid for the year eThled 31 Decemlxr 2024 (2023 . £nil). The Tnjstees have noi been in rlpt of 8Dy temuneration nor lmIxSerntnt of expenses. TAXATION Thc CIO, a 81st¢red Charity. is ¢xwnpt from lax on snc¢)me and 8ains fallin8 within s.524 of the In¢ome Tax Act 217 or &256 of the Taxation of Chargeable Gains Act 1992, to the extcnt that these are appli¢d to its ¢haritabl¢ objKl& No tsx provision 1$ therefore required. CREDITORS: dv• Ivltlbin one year 2024 20Z3 Oth¢r creditors Accnjals 2.640 1.500 1,680 £1,680 £4,140
THE BITrON SOCtETY Page IS ICONTtNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 10. ANALYSIS OF NErwrrs BMVEEN FUNDS GeMral Unre8trieted Rutrleted Fund8 FuDd8 2024 Tot*1 Funds 2023 Total Funds liabiIities 31,764 (1,080) 57.824 89.588 35.944 (1,680) (4,140) Net Ajgets At 31 De¢emb¢r 2024 £30.084 £57,824 £87.908 £31.804 I I. ANALYSIS OF CHARrrADLE FUNDS At IDcomlDg Outgoing At 01.0124 Resourcrf Rejourw 31.1224 ADaty8ts of Movements UDreAtri¢t¢d Fund¥ 30,698 41,485 42,lJ)9 30,084 Total UnreJtri¢t•d Funds 30,698 41,485 42,099 30.084 Anatyits of MovemeDts In R•8trieted FuDd8 Byroll Statue Fund 1.106 84556 27.838 57,824 Tot ReJtrict¢d FuDd¥ 84.556 27.838 57.824 Totsl Fundj £31.804 £126.041 £69.937 £87,908
Page 16 NOTLS TO THE FINANCIAL AcrtvrriFS (coNT]ED) FQK THE YEAR ED 31 DECEMBER 2024 I I. ANALYSLS OF CHARABLE FtiNDS (CONTINUED) UDreJtricted Funds Thesc are funds which th¢ Charity is free to use in acwrd8nce with the chilable obje¢ Restricted Funds Thes¢ are fjjnds whlch the Charity can only S1 on a purpose detennined by the tams on which the fund 1$ re¢¢ivtd. This restTieted fund is a fimd for the reicrt*ion of the staNe of the poet Lord Byron.
THE FOLLOWING PAGE IS FOR MANAGEMENT PURPOSES ONLY
Page 17 THE BYROP4 SOCIETY DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total Funds 202J Total Funds Unrestricted Restri¢t¢d Funds Funds COME Donatlon from Old 8ociery Donations and gtanls Memb¢rs' subscriptions Functions Byron journal Bank interest 40.295 84,556 104,556 46.500 6.090 2.919 10,878 465 4.273 244 20.000 6.090 10,878 4.273 244 12 TOTAL INCOME 41.485 84,556 £126.041 90,191 EXPENDITURE Functions and m¢¢tin8 expenses Byron Journal production Donations, burwies and awards Mllnagcment fce8 tytatu¢ ¢xp¢nsCS Postage and stationery Paypal chargcs and fces Weh%ile, Il. and software profession fecs Independent Ex8mineVs costs Sundry costs 23,399 2,475 6,353 6,320 23,399 8,518 2.475 3.721 6,353 8,227 6,320 5.000 27,838 29,637 4fi7 1,151 IQ5 66 985 544 300 1.680 15 27,838 467 105 985 300 1.680 15 1,500 23 TOT AL EXPENDITITRF. £42,099 £27,838 £69,937 58.387 SURPLUSI(DEFICIT) FOR THE YEAR £(614) £56.718 £56.104 £31,804