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2023-12-31-accounts

Costume & Textile Association

Charitable Incorporated Organisation (CIO): Registered Charity Number: 1197727

Trustees Annual Report for the period 1 January to 31 December 2023

Address: c/o Shirehall, 32 Market Avenue, Norwich, Norfolk NR1 3JQ

Bankers: Co-op Bank, PO Box 250, Delf House, Southway, Skelmersdale WN8 6WT

The C&TA was founded in 1989 as a registered charity, No. 1000730, and became a Charitable Incorporated Organisation (CIO), No. 1197727 on 31.01.2022

A committee of Trustees manage the affairs of the C&TA and may for that purpose exercise all the powers of the C&TA.

The accounts date from 01.01.2023 – 31.12.23.

The Objects of the C&TA are:

To advance the education of the public in the history and development of costumes and textiles and the history and development of the costume and textiles industries and trades in Norfolk and Norwich, in particular but not exclusively through:

b) the provision of financial and other assistance to support the presentation and development of the Norfolk Museums Service's costume and textile collection;

c) the promotion of research, the useful results of which will be published for the public benefit;

Over the last three decades the Costume and Textile Association members have contributed more than £120,000 to enable the Norfolk Museums Service to extend and improve its extensive costume and textile collection and to encourage scholarly research.

Achievements in 2023

Membership

Membership of the C&TA is open to any individual who is interested in furthering its purposes. Online only memberships are available for those living in other parts of the UK and overseas.

Structure and governance management

The Trustees shall manage the affairs of the C&TA and may for that purpose exercise all the powers of the C&TA. It is the duty of each Trustee:

to exercise his or her powers and to perform his or her functions as a Trustee in the way he or she decide in good faith would be most likely to further the purposes of the C&TA; and

to exercise, in the performance of those functions, such care and skill as is reasonable in the circumstances having regard in particular to any special knowledge or experience that he or she has or holds himself or herself as having.

The Trustees of the C&TA as a Charitable Incorporated Organisation are:

Caroline Whiting Chair, Website, Publicity
Pippa Lacey Vice chair, online events, social media.
Pauline White Secretary, Data Protection
Eunice Warren Treasurer
Stephen Worth Artistic director
Barbara Coe Events and Volunteer co-ordinator
Mandy Jackson Events
Prue Smith Resources and Online Events
Deirdre Bailey Product Sales

The C&TA run a wide range of Costume and Textile related events, both in person and online, for members to enjoy. From ticket sales money is raised primarily to support the work of the Norfolk Museum Service (NMS). Fund raising is entirely reliant on membership fees and on members and the wider public attending events, talks and displays. C&TA books and publications, are available for sale on the website and at events.

C&TA have a varied resource costume and textile collection that is used for fashion shows, to enhance displays and to stimulate interest.

The online events programme devised during the Pandemic to keep members in touch, and for them to have events to look forward to with like-minded people, has continued to great aclaim.

The Crafty Chat events were particularly beneficial to those members living alone, at a time when we were not allowed to meet in person. They proved so successful that we have continued them.

The C&TA trustees have a wide range of abilities, skills and interests to draw on when devising the programmes of events. The trustees receive no remuneration for their tireless efforts, apart from expenses.

The C&TA works closely with NMS disseminating news and collaborating on some events for members. The list of donations since C&TA’s inception are available on the website: https://www.ctacostume.org.uk/donations.html

Financial Review

CCLA Investment Management Ltd: CCLA is the UK’s largest charity fund manager and is where the majority of the C&TA’s funds are held.

COIF Charities Investment Fund: A long-term, sustainable investment solution which incorporates environmental, social and governance (ESG) considerations into the investment strategy. Suitable for all charities looking for a good level of distributions and protection from inflation. The fund aims to provide a long-term total return comprising growth in capital and distributions.

As part of the accounts held by the C&TA, we have certain sums reserved for specific purposes:

Geoffrey Squire Bursary, held bi-annually

The Bellerophon tapestry: a NMS treasure that needs restoration

Clabburn fund: given by the family in the name of the C&TA’s founder, to engage eminent speakers for events

The Future

The C&TA will continue to support NMS in their aims and ambitions

The C&TA will continue to support the Fashion and the Textile students at Norwich University of the Arts (NUA), through the C&TA student award and the Helen Hoyte student award, also by giving talks and demonstrations.

The C&TA will try to engage with members and the wider community as widely as possible bringing Costume and Textiles to the fore.

COSTUME AND TEXTILE ASSOCIATION 1197727 Receipts and payments accounts CC16a

For the period
from
1/1/2023 To 12/31/2023

Section A Receipts and payments

Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Subscriptions 5,750 - - 5,750 6,445
In Person Events 12,907 - - 12,907 8,051
Online Events 3,909 - - 3,909 3,029
Book Sales 4,105 - - 4,105 299
Donations 352 - - 352 650
SundrySales - - - - 338
Bank Transfer 380 - - 380 -
Square Sales 3,729 - - 3,729 -
Deposit Interest 2,479 - - 2,479 608
Sub total(Gross income for AR) 33,611
- - 33,611 19,420
Section A Receipts and payments Section A Receipts and payments
A1 Receipts
Subscriptions
5,750
In Person Events
12,907
Online Events
3,909
Book Sales
4,105
Donations
352
SundrySales
-
Bank Transfer
380
Square Sales
3,729
Deposit Interest
2,479
33,611
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
to the nearest £
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
Last year
to the nearest £
Subscriptions 5,750 -
-
-
-
-
-
-
-
-
-
5,750
12,907
3,909
4,105
352
-
380
3,729
2,479
33,611
6,445
In Person Events 12,907 8,051
Online Events 3,909 3,029
Book Sales 4,105 299
Donations 352 650
SundrySales - 338
Bank Transfer 380 -
Square Sales 3,729 -
Deposit Interest 2,479 608
Sub total(Gross income for AR) 33,611
19,420
-
-
Sub total -
Total receipts 33,611
A3 Payments
In Person Events
10,074
Online Events
557
Event Refunds
135
MiscellanyPublication
847
Donations
2,900
Admin Costs
353
Insurance
400
Bursaries
1,010
Resources
1,683
Prizes
400
Room Hire
1,066
Postage & Stationery
1,052
Sundry
5,227
Sub total 25,704
-
-
Sub total -
Total payments 25,704
Net of receipts/(payments) 7,907
A5 Transfers between funds
-
A6 Cash funds last year end
69,593
Cash funds this year end 77,500
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
- 33,611 19,420
-
-
-
-
-
-
-
-
-
-
-
-
-
-
10,074
557
135
847
2,900
353
400
1,010
1,683
400
1,066
1,052
5,227
25,704
3,213
623
125
1,106
3,511
536
400
500
1,594
1,100
904
175
2,692
16,479
-
-
-
-
-
-
-
- 25,704 16,479
-
-
-
-
7,907
-
69,593
77,500
2,941
-
66,823
69,764

Section B Statement of assets and liabilities at

-12004

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
COIF: Charities Deposit Fund
Details
Details
Details
Details
Signature
Co-op Bank: Community Direct Plus
~~Account~~
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
12,120
-
65,380
-
-
-
77,500
-
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
EUNICE WARREN
PAULINE WHITE
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
EUNICE WARREN
PAULINE WHITE

COSTUME & TEXTILE ASSOCIATION The Costume & Textile Association Trustees consider that a full audit of their accounts is not required this year. An independent examiner has been appointed. whose statement follows.. he Costume & Textile Association accounts for the year 2021 have been examined against the records presented to me. In connection with my examination, I believe that these accounts represent an accurate record of the transactions for the financial year January 1st 2023 to December 312023." Registered Charity.. 1197727 Sl8ned . Examlner Prlnt name. Date . Slgned . Hon. Treasurer Prlnt name. --Li, i0éL' Date . Slgned . Chalrman Prlnt name. . .e4É0. ¢J.￿. .6dt.( ri AJ(>: Date .