Orders and Medals Research Society (“OMRS”) Charitable Incorporated Organisation (1199514) 

## **TRUSTEES ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024** 

## **INDEX** 

||Page|
|---|---|
|Trustees’ Annual Report|1|
|Statement of Financial Activities|3|
|Balance Sheet and Notes|4|
|Independent Examiners report|5|



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## **ORDERS AND MEDALS RESEARCH SOCIETY TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024** 

## Objectives 

The object of the OMRS is to “advance the education of the public in the subject of orders, decorations and medals and all matters related thereto, dedicated to the memory and honour of the original recipients, by: 

a) assisting members and general public in their research 

b) actively encouraging and publishing to the general public the results of individual research c) arranging lectures and meetings for the benefit of the general public, and 

d) by any other means as the trustees in their discretion shall determine” 

## Achievements 

Following His Majesty The King’s accession a major review of more than 1,000 Royal Patronages and charity Presidencies was undertaken. To mark the first anniversary of Their Majesties’ Coronation, the conclusions were announced and the OMRS were honoured to have King Charles III remain as its Patron. A “thorough review” was undertaken and some 200 patronages were not retained. 

During the year four journals were produced with a wealth of quality articles pertaining to medal research. 

Although no new publications were released in the year, the OMRS has 18 publications available to the general public. 

No physical convention was held in the year but preparations are underway for one in September 2024. A virtual convention was held in February 2024 and it is hoped this will be a regular event. 

After a shaky start the new “virtual” branch is picking up and we hope this will be an alternative to those who cannot make one of the 16 physical branches. 

The Research Library, hosted by our partners SDS, has been completely overhauled with improved functionality. Approximately 70% of the Tamplin Archive has been sorted and prepared for scanning, while some 50% has actually been scanned. Additional material will be released to members periodically. The Journals for 2020-2023 inclusive have also been uploaded and made available for members. 

Social media platforms continue to grow and provide a platform to share knowledge and assist research. 

Finally, a new website and membership system was launched. This was necessitated by the previous platform no longer being supported. The new platform is built with more generic software with a much larger user system so will be more robust and last longer. As with any new systems there are teething problems. 

## Structure 

The OMRS is constituted as a Charitable Incorporated Organisation (“CIO”). 

The OMRS has no physical address, but correspondence can be sent to 71-75 Shelton Street, London, WC2H 9JQ but much preferably emailed to generalsecretary@omrs.org. 

## Financial Review 

The accounts show the financial position at the end of the year is healthy. The intention is that reserves should be a minimum of 6 months expenditure. Currently the reserves are substantially higher but are being reduced through projects underway to digitise the Tamplin Archives and upgrade the current website and associated software necessitated by the previous version being de-supported – the latter largely been completed in the current year. 

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It is the intent of the trustees to breakeven before any exceptional items - this was achieved in the current year but made easier by not having a physical convention. 

## Trustees 

Trustees are elected at the Annual general meeting of the members of the CIO for terms of three years. The trustees appoint from amongst their number the Officer positions of President & Chair, General Secretary, Membership Secretary and Treasurer. 

|Trustee Name and office|Dates acted if not full year|Re-election|
|---|---|---|
|Robin Thomas (Chair & President)|From 10/9/2022|2024|
|Robert Barltrop|From 10/9/2022 to 18/2/2024||
|Steve Butler (Membership Secretary)|From 10/9/2022|2026|
|Robert Coyle|From 01/7/2023 to 07/1/2024||
|Richard Emsley|From 10/9/2022|2024|
|Graham Grist (General Secretary)|From 10/9/2022|2024|
|Andrew Mann|From 10/9/2022|2026|
|Paul Murphy|From 10/9/2022 to 27/7/2024||
|Graham Pitchfork|From 10/9/2022|2024|
|Jonathan Toohey (Treasurer)|From 10/9/2022|2026|
|Steve Trigger|From 03/8/2024|2024|



## Declarations 

Approved by the Trustees on 3 August 2024 and signed on their behalf by: 

## _R Thomas_ 

## G Grist 

Robin Thomas – Chair 

Graham Grist - Secretary 

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## **ORDERS AND MEDALS RESEARCH SOCIETY STATEMENT OF FINANCIAL ACTVITIES FOR THE YEAR ENDED 30 JUNE 2024** 

|||**2024**|**2024**|**2023**|**2023**|
|---|---|---|---|---|---|
|||£|£|£|£|
|Subscriptions received|||37,489||36,661|
|Journal|- advertising|9,556||10,312||
||- production|(15,051)||(14,226)||
||- distribution|(11,267)||(11,307)||
||- journal prizes|(800)||(800)||
||- indexing|(400)|(17,962)|(400)|(16,421)|
|Convention|- income|0||12,327||
||- expenses|(182)|(182)|(27,266)|(14,939)|
|Books|- income|775||620||
||- expenses|(174)|601|(2,745)|(2,125)|
|Ribbons|- income|902||1,890||
||- expenses|(242)|660|(883)|1,006|
|Other|- income|265||625||
||- expenses|(73)|192|(245)|380|
|Website|||(3,781)||(3,785)|
|Administration (see|below)||(7,254)||(9,004)|
|Bank interest receivable|||2,969||997|
|**Result before exceptional items**|||12,732||(7,229)|
|Tamplin Archives|||0||(22,692)|
|Website and systems renewal||(9,950)||||
|Less accrual||2,500|(7,450)||0|
|||||||
|**NET RESULT to/(from) General Fund**|||5,282||(29,921)|
|**Administration**||||||
|Branch grants|||0||(200)|
|Society awards|||(252)||(928)|
|Room hire|||(340)||(320)|
|Printing, stationary|and postage||(783)||(989)|
|IT equip costs|||(283)||0|
|Insurance|||(1,264)||(1,055)|
|Advertising|||(1,485)||(2,015)|
|Travel expenses|||(35)||0|
|Independent Examination|||0||(600)|
|Communications|||(623)||(350)|
|Sundry expenses|||0||(511)|
|Bank charges|||(2,189)||(2,036)|
||||(7,254)||(9,004)|



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## **ORDERS AND MEDALS RESEARCH SOCIETY BALANCE SHEET AS AT 30 JUNE 2024** 

|**FIXED ASSETS**<br>Tapprell Dorling Group of Medals<br>President's jewel<br>Silver Rose Bowl and Pownall Trophy<br>Equipment - cost<br>Less: depreciation to date<br>**CURRENT ASSETS**<br>Stock of awards<br>Prepayments<br>Debtors<br>Cash at bank<br>**CURRENT LIABILITIES**<br>Income received in advance<br>Accruals<br>**NET CURRENT ASSETS**<br>**TOTAL NET ASSETS**<br>**GENERAL UNRESTRICTED FUND**<br>Brought forward 1 July 2023/2022<br>Net surplus for the year<br>Balance of fund at 30 June 2024/2023|**2024**<br>£<br>1,000<br>(1,000)|**2024**<br>**2023**<br>**2023**<br>£<br>£<br>£<br>4,014<br>4,014<br>29<br>29<br>1,181<br>1,181<br> <br>1,000<br>0<br>(1,000)<br>0|
|---|---|---|
||8,818<br>3,608<br>0<br>129,193|5,224<br>5,224<br> <br>8,973<br> <br>0<br> <br>0<br>124,581<br>133,554<br> <br>10,147<br>10,176<br>20,323<br>118,513<br>113,231<br>123,737<br>118,455<br>118,455<br>148,376<br>5,282<br>(29,921)<br>123,737<br>118,455|
||141,619||
||16,206<br>6,900||
||23,106||
||||



Approved by the trustees on 3 August 2024 and signed on their behalf by: 

President _R Thomas_ Treasurer      J Toohey 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024** 

## **1. ACCOUNTING POLICIES** 

FRS 102 is used as the basis for these accounts and prepared with the needs of the charity’s stakeholders in mind. As a smaller charity, it has opted, as permitted by FRS 102, to present expenditure by its nature. 

The accounts are prepared on the historical cost convention and the accruals basis (except that stocks of ribbons, binders and old journals are expensed when purchased). 

## **2. FIXED ASSETS** 

Tangible fixed assets are stated at historical cost less accumulated depreciation. Certain assets are not depreciated being the Taprell-Dorling medals, presidents jewel and trophies. 

## **3. TRUSTEES, OFFICERS AND EXECUTIVE COMMITTEE MEMBERS** 

No trustees, officers or executive committee members received any remuneration. Expenses incurred by them on behalf of the OMRS are reimbursed. There are no employees. 

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## **INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS OF THE ORDERS AND MEDALS RESEARCH SOCIETY** 

I report to the trustees on my examination of the accounts of the Orders and Medals Research Society (charity no 1199514) for the year ended 30 June 2024. 

## **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 2011 (“the Act”). 

I report in respect of my examination of the accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by 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 my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

## Paul Lane 

Paul Lane CIMA Certificate in Business Accounting Independent Examiner 

4 August 2024 

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