SIR JOSEPH BANKS SOCIETY CIO
Charity no. 1198498
ACCOUNTS FOR THE PERIOD
1 APRIL 2023
TO
31st MARCH 2024
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SIR JOSEPH BANKS SOCIETY CIO
ACCOUNTS FOR THE PERIOD
1 April 2023 – 31 March 2024
CONTENTS
| Charity Information | 3 |
|---|---|
| Trustees’ Report | 4 |
| Independent Examiner’s Report | 7 |
| Income & Expenditure Account | 8 |
| Balance Sheet | 9 |
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SIR JOSEPH BANKS SOCIETY CIO
ACCOUNTS FOR THE PERIOD
1 April 2023 – 31 March 2024
Charity Number: 1198498 Principal Office: 11 Bridge Street Horncastle Lincolnshire LN9 5HZ Trustees: Paul Anthony Scott (Chairman) John Stuart Earl Crooks (Vice Chairman) David Alexander Douglas (Treasurer) Jacqueline Rayner Goodall Trevor Michael Olsson Kenneth John Richard Heather Slater Robert St Barbe Wayne Bankers: Lloyds Bank Victoria Branch PO Box 1000 BX1 1LT
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SIR JOSEPH BANKS SOCIETY CIO
ACCOUNTS FOR THE PERIOD
1 April 2023 – 31 March 2024
Trustees Report:
The Sir Joseph Banks Society CIO (charity registered in England no. 1198498: “the CIO”) was registered as a charity on 4 April 2022. These accounts cover the period 1[st] April 2023 – 31 March 2024.
Objects
The objects of the Sir Joseph Banks Society CIO are the advancement of education for the public benefit in the life and works of Sir Joseph Banks of Revesby (1743-1820) in particular but not exclusively by providing a museum and in such other ways as the trustees see fit.
Activities
The principal activities of the Sir Joseph Banks Society CIO are:
Provision and management of a museum Maintenance of the Tribute Garden at the CIO’s headquarters Management of the collections Digitization of collection data and images Maintenance of a library and archives Lectures, talks and seminars The Love Lincs Plants Project Dissemination of public information Recruitment of non-voting members Publications, including a twice-yearly Magazine Fostering links with the Pacific region, particularly Vanuatu, New Zealand and Australia
Public Benefit
The main activities undertaken are to further the charity's purposes for the public benefit and the trustees have had due regard for the Charities Commission guidance on public benefit
Achievements and Performance
The Society has been successful in obtaining grant funding for several important projects; amongst them is a Royal Society Grant to research a C18th/C19th person called Richard Hill, whose family originated from
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Horncastle and as well as being a contemporary of Sir Joseph Banks was also a naturalist and more importantly a person who played a major part in the abolition of slavery in Jamaica.
Museum development
The museum and natural science centre based at the Sir Joseph Banks Centre in Horncastle has continued to develop with the aid of grants and a large volunteer input. The focus of the displays provided by the CIO is the town’s connection with Sir Joseph, who owned the nearby estate of Revesby and who had a townhouse in Horncastle. A timeline of his life highlights his voyages of exploration, plant collecting, links with Australia and New Zealand, and the foundation of Kew Gardens.
Other displays illustrate the work of the CIO in conserving natural history collections including the new Lincolnshire Herbarium housed in the building, insect specimens, fossils and objects associated with Sir Joseph and his travels. There is a Melanesian collection with artefacts illustrating the region’s cultural and historical riches.
The CIO safeguards some remarkable collections of Victorian botanical watercolour paintings, prominent among which are the large works of May Lane-Claypon (1872-1964) of Wyberton, reproductions of which are displayed in one of the galleries and are available for purchase, and the works of Dr J T Burgess (1879-1915) of Spilsby.
The CIO has also teamed up with the Horncastle History & Heritage Society to develop an archive and some exhibition space, which celebrates the town’s rich history.
Tribute Garden
The living plant collection continues to attract visitors to the centre. The garden contains plants specifically linked to Sir Joseph Banks and is unique to Lincolnshire.
Communications
The CIO’s website will need to be upgraded shortly, and we are currently working on designs and costings to achieve that. It will include additional resources, including more detailed information about the collections, library, and the work of the society.
Library & Archive
Cataloguing and indexing of the contents has continued. Several new items have been added. Including important Lincolnshire Enclosure Act records.
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Membership
Membership at the end of the financial period stood at 263.
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Volunteering
Many volunteers take part in all aspects of the CIO’s work. The roles range from practical work on garden maintenance and herbaria management to museum development, data logging, financial management and administration. We are currently working with East Mercia Rivers Trust on a citizen science project testing water quality on our two rivers which are actually chalk streams.
Going Concern
The financial statements have been prepared on a going concern basis, as the trustees believe that the CIO has sufficient reserves to continue its activities. Financial Overview Ordinary income and expenditure show a deficit of £12580 because most assets have been transferred to the new CIO.
Structure, Governance and Management
The CIO was registered as a charity on 4 April 2022 and is governed by its constitution which may be viewed on the CIO’s website. Printed copies can also be supplied on request.
Method to Recruit Trustees
Potential trustees have been approached where it is believed they have the skills that can support the CIO’s charitable objectives. Trustees are sought when it is necessary to fill any skills gaps. The Trustee’s report was approved by the Trustees on 16 May 2024 and signed on their behalf by:
P A Scott Chairman
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SIR JOSEPH BANKS SOCIETY CIO
Charity no. 1198498
INDEPENDENT EXAMINER’S REPORT
I report to the charity trustees on my examination of the accounts of the charity for th 31st March 2024.
Respective responsibilities of trustees and examiner
As the charity's trustees, you are responsible for the preparation of the accounts in a the requirements of the Charities Act 2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out under sectio 2011 Act and in carrying out my examination I have followed all the applicable directi the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to m connection with the examination which gives me cause to believe that in, any materia
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the accounting records were not kept in accordance with section 130 of the Char
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the for of accounts set out in the Charities (Accounts and Reports) Regulations 2008 oth requirement that the accounts give a 'true and fair' view which is not a matter con of an independent examination.
I have no concerns and have come across no other matters in connection with the ex which attention should be drawn in this report in order to enable a proper understand accounts to be reached.
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Slr Joseph Banks SocSety CIO Icharlty no. 11984981 Balance Sheet As at 31 March 2024 202312024 Acujmulated Fund lunrestrictedl brought forward 1.410 Unrestricted Funds surplus 4,696 Total Unrestricted Funds 6,1 R9$triCt Funds 5,428 Balance at 31 March 11,534 Represented by Current Assets Lloyds bank account balanc6 11,071 PayPal balance 293 Petty Cash balance 170 Nel Current Assets 11,534 io