Church Monuments Society Annual Report and Financial Statements Year Ended 31 March 2025 Charity registration number.. 1,, 97588 Church Monuments Soclety Annual Report and Financial Statements Year Ended 31 March 2025 Contènts Pago Charity Reference and Administrative Details Tru51ees' Annual Report Independent Examinerfs Report Receipts and payments account Statement of Assets and Liabilitles Notes to the Financial Statements Church Monuments Society Charity Reference and Administrative Details Year Ended 31 March 2025 Charity registratlon number 1197588 Trustees M Ackers M Downing Dr J L Wilson H A Wheeler D Carrington B Gittos J N Dawson (Presidenll (Honorary Secretary) (Honorary Treasurer) Reglstered office The Society of Antiquaries Burlington House Piccadilly London W1J OBD Independent examlner Price Bailey LLP 36 Tyndall Court Commerce Road Pelerborough PE2 6LR Church Monuments Soclety Trustees, Annual Report Year Ended 31 March 2025 The Trustees present their report and the independently examined financial statemen15 of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accountirbg policies sel out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 Trustees of the charlty The Iruslees who have served during the year and since the year end were as follows.. IPresidenl} M Ackers M Downing Dr J L Wilson H A Wheeler D C3rringlon B Gittos J N Dawson (Honorary Secretary) (Honorary Treasurer) Objectives and activitles 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 charity's constitution. Public benefit statement In managing the charity and ils activities the Trustees have considored 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 the Charity Commission. Strate icRe ort Achievements and perforniance During the year the charity undertook the following events., A guided lour of monuments in WeslminsterAbbey, 2. Hosted the annual Halloween Lecture Series, 3. Continued to advocate for conservation , understanding and appreciation of funerary monuments. The charity conlinued lo publish the widely respected Journal. Financlal review Income for the year arnounled lo £35,254 an apparently large increase over the 2024 figure of £20.624. The income for 2025 includes one off donations of £6,790. Income for the year also included £8.531 received during the year for the symposium held in August 2025. Expenditure included £4.160 of expenditure for the symposium that was incurred during the year. The nel assets of Ihe charity at 31 March 2025 were £83.638, compared with £73,807 the previous year. 01 the total assets, £68.63812024.. £58.8071 was rep￿Sented by the general unreslricled fund and £15,000 by restri¢led funds. Plans for future periods The trustees intend lo Gontinue to work to further the objedives of the charity in respect of.. Promoting the understanding and appreciation of funerary monuments, Promoting the conservation and protection of monuments especially those under threat. The Society is conducling a survey of monuments in North Yorkshire Churches funded by the Grants of £5,000 received from the Getty Fund some years ago. Church Monuments Society Trustees, Annual Report Year Ended 31 March 2025 structure. governance and management Church Monuments Society is registered as charity with the Charity Commission, under Number 1197588 The charity is a Charitable Incorporated 0rganis8lion formed in January 2022. Conversion lo Charitable Incorporated Organisation I"ClO'I- The conversion lo CIO status having been approved by members, the CIO (Church Monuments Society, reg no. 11975881. look over the activities of The Church Monuments Society (reg no. 2795971 with effect from 1 April 2023. The change in the legal structure of the chariry has had no effect or change lo the aims or running of the charity. On behalf of the board Jon Dawson (Treasurer) Church Monumènts Society Independent Examiner's Report to the Trustees of Church Monuments Society Year Ended 31 March 2025 I report lo the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which are set out on pages 1 to 9. Responsibilities and basls 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 2011 {'Ihe Acl'l. I report in respect of my examination of the charity's accounts canied out under section 145 of the Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{51{bl of the Act. Independent examlnerfs statement I have completed my exarninatson. I confimi that no material mallers have come to my allentior) in connection with the examination giving me cause to believe that in any material respect.. ac¢ounling r9cords 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 mallers in ￿nneCtIOn with the examination lo which attenllon should be drawn in this report in order lo enable a proper und8rslanding of the accDunls lo be reached. R J BURBOROUGH ACA FCCA Price Bailey LLP Chartered Accountants 36 Tyndall Court Commerce Road Lynch Wood Pelerborough PE2 6LR Dale Church Monurnents Society Receipts and Payments account Year Ended 31 March 2025 2025 2024 EThJowment fund Restricted fund Unrestricted fund Icombinedl Total Total Receipts: Subscriptlons Study days, excurs￿n$, elc. Symposiums Investments Donations Other 14,588 1,286 8,531 3,928 6,790 131 14,588 1,286 8,531 3,928 6,790 131 13,543 2,524 3,763 285 509 Totsl reeeipls 35,254 35,254 20,624 Payments: Printing joumals Insurance Study days, excursions, etc. Lectures and meeting costs Symposiums Postage and stationery Bank and PayPal charges Computer costs Telephone Sundry expenses Other- Capital expenditure 12,580 585 2,746 1,438 4,160 1,059 261 1,096 12,580 585 2,746 1,438 4,160 1,059 261 1,096 12,514 2,302 1,083 1.678 385 244 1,231 816 682 816 682 927 Total payments 25.423 25,423 20,364 Net income l (expenditure) 9,831 9,831 260 Reconciliation of cash fund5- Total cash funds brought forward 24.839 24,839 24,579 Total cash funds carried forward 34,670 34.670 24,839 Church Monuments Society Statement of Assets and Liablllties Year Ended 31 March 2025 2025 2024 l¢ombinedl Note Cash Funds HSBC Current account PayPal account HSBC Deposit account COIF Deposit General Fund CAF Bank COIF J Coales Fund Cash in hand 7,668 481 2,430 17,368 6,354 200 169 34,670 2,732 176 4,544 16,135 1,052 200 24,839 Invgstment assels M & G Charifund income ￿nits COIF Charities Investment Funds.. General Fund Contingency Fund J Paul Getty Fund 12,468 12,468 21,500 10,000 5,000 21,500 10,000 5,000 48,968 48.968 Liabllitie8 Net assets I Illabilities) 83,638 73,807 Reserves General reserves Brought forward Nel incomelexpenditure for the year 58,807 9,831 58,547 260 68,638 58,807 Specific reserv•s J.Paul Getty Foundation 5,000 5,000 Contingency Fund Investments 10,000 15,000 10,000 15.000 Total charity funds 83,638 73,8Q7 The accounts were approved and aulhorised for issue by the Board on Signed on beha￿ of Ihe board of truslees Jon Dawson (Treasurer) The notes on pages 9 form part of these financial statements. Church Monuments Society Notes lo the Financlal Statements Year Ended 31 March 2025 Summary of significant accounting policles (al General information and basis of preparation The receipts and payments account are prepared with regard lo guidance issued by the Charities Commi55ion 'Re￿Ipts and payments accounts CC16' As explained in the 2024 tnjslees report the conversion to 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 presented as though they had always been part of the same Ireslructuredl charity. The accounts have been drawn up lo include the results of tha combining lunirbcorporated and incorporaledl charities for the whole of the reporting period in which incorporation occurred. The accounts present comparative amounts on the same basis lo show the aggregated results for the combining charities for the previous reporting period. {bl Funds Unrestricted funds are availab18 for use at the discretion of the Iruslees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated fv•nds comprise unreslricled funds that have been set aside by the trustees for particular purposes. The 8im and use of each deS￿nated fund is sel OLrt in the notes lo the financial statements. Restricted fijnds are funds which are lo be used in accordance with specific reslrictK)ns imposgd 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 s sel out in the notes to the financial statements. Investments Investments are staled at cost. The market value ol the fvnds are,. 2025 2024 M & G Charlfund income units COIF Charities - General Fund COIF Charities - Contingency Fund COIF Charities - J Paul Getty Fund 23,108 35,127 14,936 8,526 22,161 36.844 15.666 8.943 81,697 83,614 Converslon to Charitable Incorporated Organi5atlon I"ClO"). On 1stApril 2023 The Church Monuments Society {registered no. 2795971 merged with Church Monuments Society (registered no. 11975881.