Church Monuments Society Annual Report and Financial Statements Year Ended 31 March 2024 Charity registration number.. 1197588
Church Monuments Society Annual Report and Financial Statemenls Year Ended 31 March 2024 Contents Page Charity Reference and Adminislralive Details Trustees, Annual Report Independent Examiner's Report Reeeipts and payments account Slalemenl of Assels and Liabilities Notes to the Financial Stslements
Church Monuments Society Charity Reference and Administrative Details Year Ended 31 March 2024 Charity registration number 1197588 Trustees J N Dawson M Downing Dr J L Wilson H A Wheeler M Ackers D Carrington B Gittos Appointed 810712023 App)inled 910912023 Appointed 910912023 Appointed 9109J2023 Registered offic8 The Society of Antiquaries Burlington House Pi¢¢adilly London W1J OBD Independent examiner Price Bailey LLP 36 Tyndall Court Commerce Road Pelerborough PE2 6LR
Church Monuments Sociely Trustees, Annual Report Year Ended 31 March 2024 The Trustees present their report and the independently examined financial statements of the charity for the year ended 31 March 2024. The fin2ncial statements have been prepared in accordance with the accounting policies set out in rnoles lo the accounts and comply with the charity's governing document, the Charities Act 2011 Trustees of the charity The trustees who have served during Ihe year and since the year end were as follows.. J N Dawson Downing Dr J L Wilson H A Vwheeler M Ackers D caingtOn B Gittos Appointed 8J0712023 Appointed 910912023 Appointed 910912023 Appointed 9JO912023 Objectiv¢$ and activities The objective of the society is to promote the study. appreciation and conservation of church monuments in the United Kingdom and abroad according to the criteria provided by the ¢harily's constitution. Publi¢ benefit statement In managing the charity ancl its activities the Trustees have considered the guidance on public benefit issued by the Charity Commission The trustees consider that the objectives and activities of the charity and in accordance with the guidance issued by Ihe Charity Commission. Strate icRe ort Achievements and performance During the year the charity undertook the following events., A series on line lectures. 2. A study day In Lei¢esler devoted to monuments of the Wars of the Roses. 3. A visit lo churches in North Leicestershire and South Nottinghamshire fo¢ussiAg on alabaster monuments in that area. 4. Walking tour of London cemeteries. The charity continued to publish the widely respected Journal. The Iruslees would like to record their thank5 Peter McGrath of Henry Ling Limited who has assisted with the typesetting and printing The Journal for many years. Doctor Ann Adams who has recently stood down after editing the Journal for many years. The charity continued to act as an advocate for the conservation and protection of church monuments. Conversion to Charitable Incorporated Oryanisation ("ClO"I The conversion to CIO status having been approved by mernbers the CIO took over the activities of the charity with effect from 1 April 2023. Financial review The net assets of the predecessor charity were transterred lo the current charity with effect from 1 April 2023. Income for the year was £20,264 which was a reduction of £4,240 on the previous year. This in tum was because income for 2023 included £4,115 in relation to the symposium which took place in September 2022.
Church Monuments Soclaty Trustees, Annual Report Year Ended 31 March 2024 Expenditure amounted ID £20,364 8 reduction of £10,599. This is due lo the fact that the 2023 figures included symposium costs of £10,577. Significandy mow than 50Yo of the charity's costs are In respect of the production and dlslribulion ol ils publications. The n61 assets of tho charity al 31 March 2024 wore almost identical lo the posllion al the previous year end. with total assets of £73,807, compared with £73,547 the previous year. Of the tol81 asseis, £58,807 {2023.' £58,547) was represenlgd by the general unstriCted fund and £15.000 by reslricltsd funds. Plans for future periods The trustees intend to conllnue lo work to rther the objectives of the charity In respect of.. Promollng the understanding and appre¢i8tion of funerary monuments Promotlng the conservation and protection of monuments especlally those under threat Structure, governancè and management Church Monuments Society is regislwed as charity with tha Charity Commission, under Number 1197588 The charfty is a Ch8rikble Incorporated Organisalion formed in January 2022. Conversion to Charitable Incorporat Organlsatlon ("ClO'). The conversion lo CIO status having been approved by members, the CIO {ChLJrch Monuments Society, reg no. 1197588), took over Ihg activities of The Church Monuments Society Ireg no. 279597) with effect from 1 April 2023. The change in the legal strucluro of the charity has had no effect or change lo the aims or running of th6 charity. On b8half of tho board Jon Dawson reasurer) 5th Soptember 2024
Church Monuments Society Independent Examiner's Report to the Trustees of Church Monuments Society Year Ended 31 March 2024 I report to the charity Iruslees on my examination of the a¢¢ounts of the charity for the year 8nded 31 March 2024 which are set out on pages 110 9. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'lhe Acl'l. I report in respect of my examination of the charity's accounts cairaed out under section 145 of the Act and in carrying out my examination I have followed all th$ applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I conlirm that no rr>alerial matters have come lo my attention in connection with the examination giving me c8use to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connects'on with the examination to which attention should be drawn in this report in order to enable a proper understanding of the aCUnts to be reached. Lo40 R J BURBOROUGH Price Bailey LLP Chartered Accountants CA 36 Tyndall Court Commerce Road Lynch Wood Peterborough PE2 6LR Date IhSÈpièmbèr2024
Church Monuments Society Receipts and Payments account Year Ended 31 March 2024 2024 2023 Endowment fund Resttted fund Unre5triLled fund 1MbIned) Total Total Receipts.. Subscriptions Study days, excursions, etc. Symposiums Investments Donations Other 13,543 2,524 13,543 2,524 13,640 2,705 4,115 3,184 28 812 3,763 285 5D9 3,763 285 509 Total rgceipts 20,624 20,624 24.484 Payments.. Printing journals Insurance Study days, excursions, etc. Lectures and meeting costs Symposiums Postage and stationery Bank and PayPal charges Computer costs Telephone Sundry expenses other 12,514 12,514 14,731 557 1.829 600 10.577 875 239 1,021 30 504 2,302 1,083 1.678 385 244 1,231 2,302 1,083 1.678 385 244 1,231 927 927 Total payments 20,364 20,364 30,963 Net inGome I lexpenditurel 260 260 16,4791 Reconciliation of cash funds: Total cash funds brought forward 24,579 24,579 31,058 Total cash funds carried forward 24,839 24,839 24,579
Church Monuments Society Statement of Assets and Liabilities Year Ended 31 March 2024 2024 2023 Icomt4ngdl Cash Fund8 HSBC Current account PayPal account HSBC Deposit ac¢ount COIF Deposit General Fund CAF Bank COIF J Coales Fund 2,732 176 4,544 16,135 1.052 200 24.83g 4,556 146 4,511 14,982 Invèstment assèts M & G Charifund income units COIF Charlties Investrnent Funds.. General Fund Contingency Fund J Paul Getty Fund 200 24.579 12,468 12,488 21,500 10,000 5,000 21.500 10,000 5.000 Liabllltles 48,968 48,968 Net assets l {Ilabllitle$) 73,807 73,547 Reseryos Ganoral r•sgrve8 Brought forward Nel inctsmdexpenditure for the year 58.547 260 65.028 (8,479) Speeinc resaNes J.Paul Getty Foundation Contingancy Fund Investments 58,807 58.547 5.000 5.000 10,000 15,000 10,000 15.000 Total charliy funds 73.807 73.547 The accounts werè approved and aulhorised for Issue by the Board on September 2024. Signed on be If of the board of trustees Jon Dawson (Treasurer) The notes on pages 9 form part of these financial statements.
Church Monuments Society Notes to the Financial Statements Year Ended 31 March 2024 Summary of significant accounting polici8S la) General information and basis of pr9paratlon The reip1S and payments account are prepared with regard to guidance issued by the Charities Commission'Receipls and paynients accounts CC16' As explained in the trustees reF)Ort the conversion lo CIO took effect from 1 April 2023. The accounts have been prepared under merger accounting. The charity's work including its purposes and beneficiary class remain unchanged. The statement of assets and liabilities have been presenl&d as though they had always been part of the same Irestrucluredl charity. Thè accounts h8ve been drawn up to include the results of the combining (unincorporated and incorporated) charities for the whole of the reporting period in which incorporation occurred. The accounts present comparative amounts on the same basis to Show the aggregated results for the combining charities for the previous reporting period. (b} Funds Unreslricled funds are available for use al the discretion of the trustees in furtherance of the general objectives of the charlty and whl¢h have not been designated for other purposes. Designated funds comprise unrestricted funds that have been sel aside by the Iruslees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial slalements. Restricted funds are funds which are lo be used in accordance with specific reslricts.ons imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is sel out in the notes to the financial statements. Investments Investments ale slated al ¢ost. The market value of the lunds are., 2024 2023 M & G Charifund income units COIF Charities - General Fun COIF Charitie5 - Contingency Fund COIF Charities - J Paul Gelly Fund 22.161 36,844 15,666 8,943 22,573 33,786 14,366 8,201 83,614 78,926 Conversion to Charitable In¢orporated Organlsatlon I"ClO"I. On April 2023 The Church Monuments Society {[lStered no, 2795971 merged with Church Monuments Society (registered no. 11975881.
Church Monuments Society Notes to the Financial Statements Year Ended 31 March 2024 Analysis of the net assets at the date of merger Church Monumellls Society The Church MonumeTrt5 Society Combined Total Net assets 73.547 73,547 Represented by.. Unreslricled funds 73,547 73,547 Total funds 73,547 73,547 Analysls of principle receipt and payment components for the prgvlous period Church Monuments Sciciely The Church Monum8TIts Society Combined Tolal Totsl ReTripts Total Payments Nel receiplsllpaymenlsl 24,484 24,484 130,963) 130,9631 {6.479) 16,4791 Net movement in funds 16,479} 16,4791 Total ¢ash funds brought forward 31,058 31,058 Total cash funds carried forward 24,579 24,579 10