```
REGISTERED CHARITY NUMBER: 1200422
```
## **`Report of the Trustees and`**
```
Unaudited Financial Statements for the Year Ended 31st December 2024
```
## **`for`**
```
The Jane Austen Society
```
```
(a Charitable Incorporated Organisation)
```
```
The Jane Austen Society
(a Charitable Incorporated Organisation)
```
## **`Contents of the Financial Statements for the Year Ended 31st December 2024`**
**----- Start of picture text -----**
Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 15
Detailed Statement of Financial Activities 16 to 17
**----- End of picture text -----**
```
The Jane Austen Society
```
```
Report of the Trustees
for the Year Ended 31st December 2024
```
## **`(a Charitable Incorporated Organisation)`**
```
The trusteespresenttheirreportwith the financialstatementsof the charityfor the year ended31st December 2024.
ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
The CharitableIncorporatedOrganisation(CIO) was formedon 21st September2022 with the objectiveof taking over
the net assets and activities of the unincorporated charity The Jane Austen Society (registered charity 1040613).
```
```
The principal objective of the Society is as follows:
```
```
To promotethe advancementof educationfor the publicbenefitof the life andworksof Jane Austenandthe Austen
family, in particular by publications or any other means that the charity trustees may deem appropriate.
```
```
TheobjectiveisprimarilyachievedbytheproductionofpublicationsrelatingtothelifeandworksofJane Austen,
through education and by contributions to academic debate regarding Jane Austen, her works and family.
```
```
TheSociety,whereappropriate,mayseektopreserveartefactsrelatingtoJaneAusten,eitherbypurchaseor by
contributionstowardsexpenses.InparticularitmaycontributetoprojectsatJaneAusten'sHouseMuseum in
Chawton.
```
```
TheSociety'sobjectivesfortheyearweretobuildontheprogressmadeinpreviousyearsandtoraisetheprofile of
the Society by the production of new articles and publications.
```
## **`Public Benefit`**
```
When planningactivitiesand consideringthe makingof grants,the trusteeshave consideredthe Charity Commission's
guidanceon publicbenefitandin particular,the specificguidanceon charitiesfor the advancementof education and
the advancement of the arts, culture, heritage or science.
```
```
ThetrusteesbelievethattheSocietyfulfilstheseobjectivesthroughitseducationalactivities,byitscontribution to
historicalresearchregardingJaneAustenandthepreservationofartefactsrelatingtoJaneAustenandthe Austen
family.
```
## **`Significant activities`**
```
On1stJanuary2023,thenetassetsandactivitiesoftheunincorporatedcharityTheJaneAustenSociety (registered
charity 1040613) were transferred to the CIO.
```
```
The Society did not produce or reprint any publications in the period.
```
```
The 2024 annual conference was held in Sheffield in September 2024.
```
```
In anticipationof the 250th anniversaryof Jane Austen'sbirthin 2025, the trusteeslauncheda fundraisinginitiative in
2018tosupporttheeducationalroleoftheSociety.Thisisknownasthe"JaneAusten250Fund"andalthough an
unrestrictedfund,apurposewhichthetrusteesspecificallywishtosupportistheeducationalactivityofthe Jane
Austen's House Museum. No payments were made from the fund in 2024.
```
```
No applications were received for grants from the Education Fund during the period.
```
```
Duringtheyearthegeneralfundincludednewexpenditureforthebuildandmaintenanceofanew online
membershipplatformandalsomonthlysubscriptionstoanaccountspackage.Bothinitiativesweretofuture proof
and enhance the administration of the Society.
```
```
Page 1
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Report of the Trustees for the Year Ended 31st December 2024`**
## **`FINANCIAL REVIEW`**
```
ThefinancialresultsfortheperiodaresetoutintheStatementofFinancialActivitiesonpage5ofthese financial
statements.
```
```
Therewasadeficitofincomeoverexpenditureonthegeneralfundof£30,970intheperiod.This,however, was
entirelydueto a reductionon the valueof the portraitof EdwardAustenKnightof £32,000as explainedin note9 to
thefinancialstatement.Excludingthisrevaluation,therewasa deficitonthecharitableactivitiesof thegeneral fund
of £4,600. This deficit was covered, however, by an increase in the value of the Society's investments of £5,630.
```
```
Furtherinformationregardingthecharity'sreservesisgivenintheaccountingpoliciesnoteonpages7and8of the
financial statements.
```
## **`FUTURE PLANS`**
```
Thetrustees'aimsinthefuturearetocontinuetopromotetheobjectsoftheSociety,bytheproduction of
publications, the organisation of conferences and any other activities which they consider appropriate.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`**
```
The charity is controlled by its constitution adopted on 21st September 2022.
```
## **`Recruitment and appointment of new trustees`**
```
The members or the trustees may at any time decide to appointa new trustee either in place of an outgoingtrustee or
as an additional trustee, provided that the total number of trustees does not exceed 15.
```
```
New Trustees will receive a copy of the constitutionand any amendmentsmade to it and a copy of the Society's latest
annualreportand statementof accounts.New trusteesare also referredto the CharityCommission'sguidanceon the
duties and responsibilities of trustees.
```
## **`Organisational structure`**
```
The number of Trustees shall be at least 3 and shall not exceed 15.
```
```
The first trustees of the charity were as set out in the constitution adopted on 21st September 2022.
```
```
At every AnnualGeneralMeetingof the Society,one thirdof the elected charitytrusteesshall retire from office.If the
number of elected charitytrustees is not three or a multipleof three, then the number nearest to one third shall retire
fromoffice.Thecharitytrusteestoretirebyrotationshallbethosewhohavebeenlongestinofficesincetheir last
electionorre-election.AnypersonwhoretiresasacharitytrusteebyrotationorbygivingnoticetotheSociety is
eligiblefor re-election.A charitytrusteewho has served for three consecutiveterms may not be re-electedfo a fourth
consecutive term but may be re-elected after an interval of at least one year.
```
```
Thefollowingtrusteesretiredatthe2024AnnualGeneralMeetinganddidnotseekre-election:Matthew Huntley,
Clare Graham and Richard Jenkyns.
```
```
AndreaClarkehavingbeenappointedsincethelastAnnualGeneralMeetingretiredatthe2024Annual General
Meetingand was re-elected.MichaelKenningand FionaAinsworthalso retiredat the 2024 AnnualGeneralMeeting in
accordance with the constitution and were re-elected.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Charity number`**
```
1200422
```
```
Page 2
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Report of the Trustees for the Year Ended 31st December 2024`**
## **`Principal address`**
```
20 Parsonage Road
Henfield
West Sussex
BN5 9JG
```
## **`Trustees`**
```
Maureen Stiller
Fiona Ainsworth
Clare Graham (resigned 13.7.24)
Sharron Bassett (resigned 29.1.25)
Mary Hogg
Michael Kenning
Fiona Riley
Marion Davies (resigned 7.4.25)
Heather Thomas
Matthew Huntley (resigned 13.7.24)
Richard Jenkyns (resigned 13.7.24)
Andrea Clarke
```
## **`Independent Examiner`**
```
D A Sanders BA (Hons) FCA
Sheen Stickland
Chartered Accountants
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT
```
## **`Bankers`**
```
Nat West Bank Plc
105 High Street
Winchester
Hampshire
SO23 9AH
```
## **`RESERVES`**
```
The Society'spolicyregardingreserves is detailedin note 1 on page 8 of these accounts.The trustees consider,on the
basis of current information available, that these funds are adequate to meet their known future commitments.
```
`Approved by order of the board of trustees on` 5th June 2025 `and signed on its behalf by:`
```
Heather Thomas - Trustee
```
```
Page 3
```
```
Independent Examiner's Report to the Trustees of
The Jane Austen Society
```
## **`Independent examiner's report to the trustees of The Jane Austen Society`**
```
I reportto the charitytrusteeson my examinationof the accountsof The Jane AustenSociety(the Trust)for the year
ended 31st December 2024.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
```
```
I reportin respectof my examinationof the Trust'saccountscarriedoutunderSection145 of the Act andin carrying
out my examinationI have followedall applicableDirectionsgiven by the CharityCommissionunderSection 145(5)(b)
of the Act.
```
## **`Independent examiner's statement`**
```
I havecompletedmyexamination.I confirmthatnomaterialmattershavecometomyattentioninconnection with
the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do 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.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
D A Sanders BA (Hons) FCA
```
```
Sheen Stickland
Chartered Accountants
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT
```
6th June 2025
```
Page 4
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Statement of Financial Activities for the Year Ended 31st December 2024`**
|||||||`Period`|
|---|---|---|---|---|---|---|
|||||||`21.9.22`|
||||||`Year Ended`|`to`|
||||||`31.12.24`|`31.12.23`|
|||`Unrestricted`|`Restricted`||`Total`|`Total`|
|||`funds`|`fund`||`funds`|`funds`|
||`Notes`|`£`|`£`||`£`|`£`|
|**`INCOME AND ENDOWMENTS FROM`**|||||||
|`Subscriptions, donations and legacies`|`2`|`27,398`||`-`|`27,398`|`23,856`|
|`Other charitable activities`|`3`|`71,403`||`-`|`71,403`|`28,076`|
|`Investment income`|`4`|`6,908`||`-`|`6,908`|`8,598`|
|`Other income`|`5`|`-`||`-`|`-`|`330,612`|
|**`Total`**||`105,709`||`-`|`105,709`|`391,142`|
|**`EXPENDITURE ON`**|||||||
|**`Charitable activities`**|||||||
|`Charitable activities`||`110,209`||`-`|`110,209`|`62,382`|
|`Net gains on investments`||`5,630`||`-`|`5,630`|`21,052`|
|**`NET INCOME`**||`1,130`||`-`|`1,130`|`349,812`|
|**`Other recognised gains/(losses)`**|||||||
|`Gains/(losses) on revaluation of fixed assets`||`(32,000)`||`-`|`(32,000)`|`-`|
|**`Net movement in funds`**||`(30,870)`||`-`|`(30,870)`|`349,812`|
|**`RECONCILIATION OF FUNDS`**|||||||
|`Total funds brought forward`||`348,812`|`1,000`||`349,812`|`-`|
|**`TOTAL FUNDS CARRIED FORWARD`**||`317,942`|`1,000`||`318,942`|`349,812`|
```
The notes form part of these financial statements
```
```
Page 5
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Balance Sheet 31st December 2024`**
|`Unrestricted`
`Restricted`
`funds`
`fund`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Heritage assets`
`9`
`28,000`
`-`
`Investments`
`10`
`248,783`
`-`
`276,783`
`-`
**`CURRENT ASSETS`**
`Debtors`
`11`
`8,550`
`-`
`Cash at bank`
`37,524`
`1,000`
`46,074`
`1,000`
**`CREDITORS`**
`Amounts falling due within one year`
`12`
`(4,915)`
`-`
**`NET CURRENT ASSETS`**
`41,159`
`1,000`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`317,942`
`1,000`
**`NET ASSETS`**
`317,942`
`1,000`
**`FUNDS`**
`13`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`2024`
`Total`
`funds`
`£`
`28,000`
`248,783`
`276,783`
`8,550`
`38,524`
`47,074`
`(4,915)`
`42,159`
`318,942`
`318,942`
`317,942`
`1,000`
`318,942`|`2023`
`Total`
`funds`
`£`
`60,000`
`250,153`
`310,153`
`5,662`
`41,590`
`47,252`
`(7,593)`
`39,659`
`349,812`
`349,812`
`348,812`
`1,000`
`349,812`|
|---|---|---|
`The financial statements were approved by the Board of Trustees and authorised for issue on` 5th June 2025 `and were signed on its behalf by:`
```
Heather Thomas - Trustee
```
```
Andrea Clarke - Trustee
```
```
The notes form part of these financial statements
```
```
Page 6
```
```
The Jane Austen Society
(a Charitable Incorporated Organisation)
```
```
Notes to the Financial Statements
for the Year Ended 31st December 2024
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1stJanuary 2019)',
FinancialReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublic of
Ireland'andtheCharitiesAct2011.Thefinancialstatementshavebeenpreparedunderthehistorical cost
convention, with the exception of heritage assets and investments which are included at market value.
```
## **`Income`**
```
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
```
```
Thenetassetsoftheunincorporatedcharity,TheJaneAustenSociety,weretransferredtothe Charitable
IncorporatedOrganisationattheirvalueasshownintheaccountsoftheunincorporatedcharityforthe year
ended 31st December 2022.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
```
```
Grants offered subject to conditionswhich have not been met at the year end date are noted as a commitment
but not accrued as expenditure.
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
DesignatedFundsrepresentunrestrictedfundsearmarkedforparticularpurposesbythetrusteesof the
Society in the exercise of their discretionary powers.
```
```
Restricted Funds are funds which are subject to a restriction as to their use.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`Investments`**
```
Investmentsarestatedatmid-marketvalueatthebalancesheetdate.Allmovementsinvaluearising from
investment changes are shown in the Statement of Financial Activities.
```
```
Unrealisedgainsand/orlossesarethedifferenceinmarketvalueofinvestmentsheldatthebeginningof the
year, or their cost if purchased in the year, and at the end of the year.
```
```
continued...
```
```
Page 7
```
```
The Jane Austen Society
(a Charitable Incorporated Organisation)
```
```
Notes to the Financial Statements - continued
for the Year Ended 31st December 2024
```
## **`1. ACCOUNTING POLICIES - continued`**
## **`Heritage Assets`**
```
UndertheprovisionsoftheCharitiesSORPheritageassetsareincludedonthebalancesheetattheir latest
valuation.
```
## **`Reserves`**
```
Thebalanceofthegeneralfund(excludingdesignatedfundsandthevalueofheritageassets) represents
approximately20monthsexpenditure(basedonexpenditureintheyearended31stDecember2024) which
the trustees consider to be appropriate in the circumstances.
```
```
£120,000of the legaciesreceived,by the unincorporatedcharity,in the yearsended31st December2003 and
31stDecember2004wastransferredtoadesignatedfundtocoverarangeoftheSociety's educational
activities.ThetrusteesconsiderthattheSocietywebsiteformspartofitseducationalactivitiesand therefore
the cost of upgrading this was charged to the Education Fund.
```
## **`Branches and Groups`**
```
BranchesoftheSocietyasdefinedincharitylawareanintegralpartoftheSocietyandassuchenjoy various
privilegesandresponsibilitiesinregardtotheSociety.InparticularabranchcancallupontheSociety for
financialsupportandiscoveredbythepublicliabilityinsuranceoftheSociety.Thefinancialresultsof the
branchesareincorporatedintotheSociety'sstatementoffinancialactivitiesandtheassetsandliabilities of
branches are included in the Society's balance sheet.
```
```
AgroupisaninformalgatheringofmembersoftheSociety(orothers)fromaparticularareaandhas no
connectionin law with The Jane AustenSociety,and the financialactivitiesof groupsare not includedin these
accounts.
```
```
Details of activities of the branches are shown in note 15 to the accounts.
```
## **`Website Costs`**
```
Websitecostsarerecognisedasanexpenseintheyearofexpenditureas,intheopinionofthetrustees, the
primaryfunctionofthewebsiteistopromotetheactivitiesofthecharityandthereforedoesnotmeet the
conditions required to be treated as an intangible fixed asset.
```
## **`2. SUBSCRIPTIONS, DONATIONS AND LEGACIES`**
|**`SUBSCRIPTIONS, DONATIONS AND LEGACIES`**|||
|---|---|---|
|||`Period`|
|||`21.9.22`|
||`Year Ended`|`to`|
||`31.12.24`|`31.12.23`|
||`£`|`£`|
|`Annual subscriptions received`|`19,189`|`14,673`|
|`Gift Aid tax recoverable`|`1,661`|`1,690`|
|`Sundry donations and receipts`|`6,548`|`2,436`|
|`Legacies`|`-`|`5,057`|
||`27,398`|`23,856`|
```
continued...
```
```
Page 8
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Notes to the Financial Statements - continued for the Year Ended 31st December 2024`**
## **`3. OTHER CHARITABLE ACTIVITIES`**
|**`OTHER CHARITABLE ACTIVITIES`**|||
|---|---|---|
|||`Period`|
|||`21.9.22`|
||`Year Ended`|`to`|
||`31.12.24`|`31.12.23`|
||`£`|`£`|
|`Sales of fundraising items`|`85`|`5`|
|`Income from events`|`26,544`|`-`|
|`Sale of Annual General Meeting tickets`|`2,783`|`2,427`|
|`Income of branches`|`41,991`|`25,644`|
||`71,403`|`28,076`|
## **`4. INVESTMENT INCOME`**
|**`INVESTMENT INCOME`**|||
|---|---|---|
|||`Period`|
|||`21.9.22`|
||`Year Ended`|`to`|
||`31.12.24`|`31.12.23`|
||`£`|`£`|
|`Income from listed investments`|`6,908`|`8,598`|
|**`OTHER INCOME`**|||
|||`Period`|
|||`21.9.22`|
||`Year Ended`|`to`|
||`31.12.24`|`31.12.23`|
||`£`|`£`|
|`Net assets transferred from unincorporated charity`|`-`|`330,612`|
## **`5. OTHER INCOME`**
```
Otherincomeintheyearended31stDecember2023representsthevalueofthenetassetsof the
unincorporatedcharity,TheJaneAustenSociety(charitynumber1040613),whichweretransferredto the
charity on 1st January 2023.
```
## **`6. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31stDecember2024norfor the
period ended 31st December 2023.
```
```
continued...
```
```
Page 9
```
```
The Jane Austen Society
(a Charitable Incorporated Organisation)
```
## **`Notes to the Financial Statements - continued for the Year Ended 31st December 2024`**
## **`6. TRUSTEES' REMUNERATION AND BENEFITS - continued`**
## **`Trustees' expenses`**
```
Duringthe perioda totalof £1,036 (2023 - £1,532)was reimbursedto seven trustees(2023 - seven trustees) in
respect of travelling and other expenses.
```
## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`Restricted`
`funds`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Subscriptions, donations and legacies`
`23,856`
`-`
`Other charitable activities`
`28,076`
`-`
`Investment income`
`8,598`
`-`
`Other income`
`329,612`
`1,000`
**`Total`**
`390,142`
`1,000`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Charitable activities`
`62,382`
`-`
`Net gains on investments`
`21,052`
`-`
**`NET INCOME`**
`348,812`
`1,000`
**`TOTAL FUNDS CARRIED FORWARD`**
`348,812`
`1,000`
**`8.`**
**`NET INCOME/(EXPENDITURE) FOR THE YEAR`**
`Independent examiner's remuneration`
`Other accountancy fees`|`Unrestricted`
`Restricted`
`funds`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Subscriptions, donations and legacies`
`23,856`
`-`
`Other charitable activities`
`28,076`
`-`
`Investment income`
`8,598`
`-`
`Other income`
`329,612`
`1,000`
**`Total`**
`390,142`
`1,000`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Charitable activities`
`62,382`
`-`
`Net gains on investments`
`21,052`
`-`
**`NET INCOME`**
`348,812`
`1,000`
**`TOTAL FUNDS CARRIED FORWARD`**
`348,812`
`1,000`
**`8.`**
**`NET INCOME/(EXPENDITURE) FOR THE YEAR`**
`Independent examiner's remuneration`
`Other accountancy fees`|`Unrestricted`
`Restricted`
`funds`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Subscriptions, donations and legacies`
`23,856`
`-`
`Other charitable activities`
`28,076`
`-`
`Investment income`
`8,598`
`-`
`Other income`
`329,612`
`1,000`
**`Total`**
`390,142`
`1,000`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Charitable activities`
`62,382`
`-`
`Net gains on investments`
`21,052`
`-`
**`NET INCOME`**
`348,812`
`1,000`
**`TOTAL FUNDS CARRIED FORWARD`**
`348,812`
`1,000`
**`8.`**
**`NET INCOME/(EXPENDITURE) FOR THE YEAR`**
`Independent examiner's remuneration`
`Other accountancy fees`|`Total`
`funds`
`£`
`23,856`
`28,076`
`8,598`
`330,612`
`391,142`
`62,382`
`21,052`
`349,812`
`349,812`|
|---|---|---|---|
||||`2024`|
||||`£`|
||||`2,100`|
||||`1,020`|
|||||
||||`3,120`|
|||||
```
continued...
```
```
Page 10
```
```
The Jane Austen Society
```
```
(a Charitable Incorporated Organisation)
```
## **`Notes to the Financial Statements - continued for the Year Ended 31st December 2024`**
## **`9. HERITAGE ASSETS`**
|**`MARKET VALUE`**
`At 1st January 2024`
`Revaluations`
`At 31st December 2024`
**`NET BOOK VALUE`**
`At 31st December 2024`
`At 31st December 2023`|`Total`
`£`
`60,000`
`(32,000)`|
|---|---|
||`28,000`|
||`28,000`|
||`60,000`|
```
TheSocietyacquiredaportraitofEdwardAusten-Knightin1953.Thisportraitisnowondisplayat Chawton
HouseLibraryundera longtermloanagreement.Thiswasoriginallyincludedinthefinancialstatementsas a
heritageassetattheprofessionalvaluationpreparedbyWoolleyandWallisinMay2015.Theportrait was
revalued for insurance purposes on 15th January 2025 by Andrew Smith & Son at £28,000.
```
```
TheSocietyhasacleardutyofcareforthisassetandprovisionsinthisrespectaresetoutinthe loan
agreement.AnydecisionregardingpublicaccesstotheportraitwillbeatthediscretionofChawton House
Library.
```
```
The Societydoesnotenvisagethe acquisitionof anyheritageassetsin the futurebutwillcontinueto support
theJaneAusten'sHouseMuseuminanyappropriateacquisitionbythemuseum,inparticularbytheuse of
funds held in the 250 Fund.
```
```
Cost or valuation at 31st December 2024 is represented by:
```
|||`Portrait`|
|---|---|---|
|||`£`|
|`Valuation in`|`2024`|`28,000`|
## **`10. FIXED ASSET INVESTMENTS`**
||`Listed`|
|---|---|
||`investments`|
||`£`|
|**`MARKET VALUE`**||
|`At 1st January 2024`|`250,153`|
|`Disposals`|`(6,866)`|
|`Revaluations`|`5,496`|
|`At 31st December 2024`|`248,783`|
|**`NET BOOK VALUE`**||
|`At 31st December 2024`|`248,783`|
|`At 31st December 2023`|`250,153`|
```
There were no investment assets outside the UK.
```
```
continued...
```
```
Page 11
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Notes to the Financial Statements - continued for the Year Ended 31st December 2024`**
## **`10. FIXED ASSET INVESTMENTS - continued`**
```
Cost or valuation at 31st December 2024 is represented by:
```
|||`Listed`|
|---|---|---|
|||`investments`|
|||`£`|
|`Valuation in`|`2024`|`248,783`|
```
Investmentsat31stDecember2024represents12,259unitsintheCOIFCharitiesInvestmentFund(2023 -
12,605 units)
```
```
Thehistoricalcostoffixedassetinvestmentsat31stDecember2024was£222,813(2023-£229,101). This
representstheremainingbalanceofthemarketvalueoftheinvestmentsonthetransferfrom the
unincorporated charity.
```
## **`11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
## **`12.`**
|`Other debtors`
`Prepayments and accrued income`
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`
`Accruals and deferred income`|`2024`
`£`
`3,500`
`5,050`
`8,550`
`2024`
`£`
`1,704`
`3,211`
`4,915`|`2023`
`£`
`3,931`
`1,731`|
|---|---|---|
|||`5,662`|
|||`2023`
`£`
`2,793`
`4,800`|
|||`7,593`|
```
continued...
```
```
Page 12
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Notes to the Financial Statements - continued for the Year Ended 31st December 2024`**
## **`13. MOVEMENT IN FUNDS`**
|**`Unrestricted funds`**
`General fund`
`Education Fund`
`The Elizabeth Jenkins Fund`
`250 Fund`
**`Restricted funds`**
`Acquistion fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are a`
**`Unrestricted funds`**
`General fund`
`250 Fund`
**`TOTAL FUNDS`**|`Net`
`movement`
`At`
`At 1.1.24`
`in funds`
`31.12.24`
`£`
`£`
`£`
`233,722`
`(30,970)`
`202,752`
`100,555`
`-`
`100,555`
`10,000`
`-`
`10,000`
`4,535`
`100`
`4,635`
`348,812`
`(30,870)`
`317,942`
`1,000`
`-`
`1,000`
`349,812`
`(30,870)`
`318,942`
`s follows:`
`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`105,609`
`(110,209)`
`(26,370)`
`(30,970)`
`100`
`-`
`-`
`100`
`105,709`
`(110,209)`
`(26,370)`
`(30,870)`
`105,709`
`(110,209)`
`(26,370)`
`(30,870)`|
|---|---|
```
continued...
```
```
Page 13
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Notes to the Financial Statements - continued for the Year Ended 31st December 2024`**
## **`13. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
||`Net`||
|---|---|---|
||`movement`|`At`|
||`in funds`|`31.12.23`|
||`£`|`£`|
|**`Unrestricted funds`**|||
|`General fund`|`233,722`|`233,722`|
|`Education Fund`|`100,555`|`100,555`|
|`The Elizabeth Jenkins Fund`|`10,000`|`10,000`|
|`250 Fund`|`4,535`|`4,535`|
||`348,812`|`348,812`|
|**`Restricted funds`**|||
|`Acquistion fund`|`1,000`|`1,000`|
|**`TOTAL FUNDS`**|`349,812`|`349,812`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
`Education Fund`
`The Elizabeth Jenkins Fund`
`250 Fund`
**`Restricted funds`**
`Acquistion fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
`273,554`
`(60,884)`
`100,555`
`-`
`10,000`
`-`
`6,033`
`(1,498)`
`390,142`
`(62,382)`
`1,000`
`-`
`391,142`
`(62,382)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`21,052`
`233,722`
`-`
`100,555`
`-`
`10,000`
`-`
`4,535`
`21,052`
`348,812`
`-`
`1,000`
`21,052`
`349,812`|
|---|---|---|
```
continued...
```
```
Page 14
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Notes to the Financial Statements - continued for the Year Ended 31st December 2024`**
## **`14. RELATED PARTY DISCLOSURES`**
```
Therewerenorelatedpartytransactionsintheyearended31stDecember2024ortheyear ended
31st December 2023.
```
## **`15. BRANCHES`**
||`Midlands`|`Kent`|`Northern`|`Scotland`|`South`
`West`|`Hampshire`
`London`|`Total`|
|---|---|---|---|---|---|---|---|
||`£`|`£`|`£`|`£`|`£`|`£`
`£`|`£`|
|**`Income`**||||||||
|`Subscriptions`|`-`|`1,085`|`1,307`|`1,213`|`630`|`510`
`444`|`5,189`|
|`Income from events`|`-`|`2,806`|`3,769`|`3,810`|`13,549`|`6,224`
`503`|`30,661`|
|`Sales of publications`|`-`|`117`|`-`|`218`|`-`|`126`
`-`|`461`|
|`Donations`|`-`|`5,126`|`30`|`12`|`-`|`172`
`7`|`5,347`|
|`Interest`|`-`|`85`|`30`|`18`|`-`|`-`
`-`|`133`|
|`Other income`|`-`|`-`|`-`|`200`|`-`|`-`
`-`|`200`|
|||||||||
||`-`|`9,219`|`5,136`|`5,471`|`14,179`|`7,032`
`954`|`41,991`|
|||||||||
||`Midlands`|`Kent`|`Northern`|`Scotland`|`South`
`West`|`London`
`Hampshire`|`Total`|
||`£`|`£`|`£`|`£`|`£`|`£`
`£`|`£`|
|**`Expenses`**||||||||
|`Expenses of events`|`-`|`4,580`|`2,927`|`4,211`|`14,277`|`7,405`
`632`|`34,032`|
|`Cost of publications`|`-`|`36`|`982`|`-`|`-`|`156`
`-`|`1,174`|
|`Donations`|`-`|`-`|`-`|`-`|`-`|`-`
`500`|`500`|
|`Administration`
`expenses`|`-`|`655`|`299`|`844`|`144`|`141`
`92`|`2,175`|
|||||||||
||`-`|`5,271`|`4,208`|`5,055`|`14,421`|`7,702`
`1,224`|`37,881`|
|||||||||
|||||||||
|`Branch`
`surplus/(deficit)`|`-`|`3,948`|`928`|`416`|`(242)`|`(670)`
`(270)`|`4,110`|
|||||||||
```
Duetounforeseencircumstances,informationregardingtheMidlandsBranchfortheyearended 31st
December 2024 is not available.The results for the year ended 31st December 2024, will thereforebe included
in the accounts for the year ended 31st December 2025.
```
```
Page 15
```
```
The Jane Austen Society
```
## **`(a Charitable Incorporated Organisation)`**
## **`Detailed Statement of Financial Activities for the Year Ended 31st December 2024`**
|||`Period`|
|---|---|---|
|||`21.9.22`|
||`Year Ended`|`to`|
||`31.12.24`|`31.12.23`|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Subscriptions, donations and legacies`**|||
|`Annual subscriptions received`|`19,189`|`14,673`|
|`Gift Aid tax recoverable`|`1,661`|`1,690`|
|`Sundry donations and receipts`|`6,548`|`2,436`|
|`Legacies`|`-`|`5,057`|
||`27,398`|`23,856`|
|**`Other charitable activities`**|||
|`Sales of fundraising items`|`85`|`5`|
|`Income from events`|`26,544`|`-`|
|`Sale of Annual General Meeting tickets`|`2,783`|`2,427`|
|`Income of branches`|`41,991`|`25,644`|
||`71,403`|`28,076`|
|**`Investment income`**|||
|`Income from listed investments`|`6,908`|`8,598`|
|**`Other income`**|||
|`Net assets transferred from unincorporated`|||
|`charity`|`-`|`330,612`|
|**`Total incoming resources`**|`105,709`|`391,142`|
|**`EXPENDITURE`**|||
|**`Charitable activities`**|||
|`Printing and stationery`|`632`|`-`|
|`Website`|`3,579`|`3,939`|
|`Subscriptions`|`409`|`25`|
|`Insurance`|`651`|`757`|
|`Sundry expenses`|`40`|`40`|
|`Newsletter`|`9,780`|`9,882`|
|`Expenses of events`|`26,402`|`-`|
|`Members' database`|`4,018`|`673`|
|`Annual General Meeting`|`13,707`|`8,535`|
|`Annual Report`|`7,507`|`6,778`|
|`Carried forward`|`66,725`|`30,629`|
```
This page does not form part of the statutory financial statements
```
```
Page 16
```
## **`The Jane Austen Society`**
## **`(a Charitable Incorporated Organisation)`**
## **`Detailed Statement of Financial Activities for the Year Ended 31st December 2024`**
|||`Period`|
|---|---|---|
|||`21.9.22`|
||`Year Ended`|`to`|
||`31.12.24`|`31.12.23`|
||`£`|`£`|
|**`Charitable activities`**|||
|`Brought forward`|`66,725`|`30,629`|
|`Bank charges`|`-`|`98`|
|`Expenses of branches`|`37,881`|`24,867`|
|`Bank charges`|`193`|`-`|
|`Grants`|`-`|`150`|
||`104,799`|`55,744`|
|**`Support costs`**|||
|**`Management`**|||
|`Trustees' expenses`|`1,126`|`1,178`|
|**`Governance costs`**|||
|`Accountancy fees`|`3,120`|`4,560`|
|`Legal and professional fees`|`1,164`|`900`|
||`4,284`|`5,460`|
|`Total resources expended`|`110,209`|`62,382`|
|**`Net (expenditure)/income before gains and`**|||
|**`losses`**|`(4,500)`|`328,760`|
|**`Realised recognised gains and losses`**|||
|`Realised gains/(losses) on fixed asset`|||
|`investments`|`134`|`-`|
|**`Net (expenditure)/income`**|`(4,366)`|`328,760`|
```
This page does not form part of the statutory financial statements
```
```
Page 17
```