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2024-12-31-accounts

SOCIETY OF BOOKBINDERS

TRUSTEES' REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR PERIOD ENDING 31st DECEMBER 2024

Charity Registration Number: 1204089

A. Hughes-Jones, Dyson & Co Chartered Accountants

Caernarfon

SOCIETY OF BOOKBINDERS

Contents Page
Trustees' Report 1 - 2
Independent examiner's report 3
Statement of financial activities 4
Balance sheet 5
Notes to the account 6 - 9

1

SOCIETY OF BOOKBINDERS

Report Of The Trustees For The Period Ending 31st December 2024

The Trustees present their report and accounts for the period ending 31st December 2024.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Society's Articles of Constitution, the Charities Act 2011 and the Statement of Recommended Practice, Accounting and Reporting Charities', effective January 2015.

Reference and Administrative Details

The Society was established as a Charitable Incorporated Organisation on the 25th July 2023 (Charity number 1204089) The activites of the Charity were previously undertaken by The Society of Bookbinders a charitable trust (Charity nmber 1032108). On the 1st May 2024 all assets and liabilities of the Charitable Trust were transferred to the new CIO.

The Trustees who served during the year were:

To August 2024(up to AGM) Jill Sellars (Acting Chair) Mary Asiedu Trish Burge George Davidson Dr Christopher McNall Ivan A Salcedo

From August 2024 (AGM) Sally Dore - Chair Dr Christopher McNall - Trasurer Mary Asiedu Deanna Fischer Ivan A Salcedo

Principal address C/o Dr C McNall

St John Street Chambers, 18-20 St John Street, Manchester, M3 4EA

Independent examiner Brian Hughes FCA

A Hughes Jones Dyson & Co, Chartered Accountants Capel Moreia, South Penrallt, Caernarfon, Gwynedd, LL55 1NS

Structure, governance and management

The Society is overseen by the Board of Trustees, aided by a National Management Committee; the latter is composed of the chairs of the Society's seven regional committees and other named officers such as the Membership Secretary and newsletter editor.

The Trustees and the NMC each meet regularly.

Trustees retire at regular intervals and may stand for re-election; new trustees may be co-opted, and then subsequently stand for election at the AGM. At regional level there are local committees who arrange a varied programme of events.

The Society maintains informal contact at varying levels with similar organisations such as Designer Bookbinders (with whom we jointly run a popular and highly successful series of workshops), the Antiquarian Booksellers Association and the American Guild of Bookworkers.

The Trustees routinely assess and review both the Society's financial standing and our need for insurance cover. Other matters of good governance, such as financial reserves and appropriate banking practices, are discussed by the Trustees and re-considered when necessary.

2

THE SOCIETY OF BOOKBINDERS

Objectives and activities for the public benefit

Society of Bookbinders (charity number 1204089) is governed by its Constitution dated 25th July 2023.

The Society was formed to advance education and encourage high standards for the public benefit in all aspects of bookbinding. These still remain the main objectives of the Society.

The Society continues to be run exclusively by the efforts of our many volunteers and the Trustees use this opportunity to pass on their thanks to all those who give their time and take part in our many and diverse activities. Without you we would not exist.

Achievements and performance

The Society is dedicated to preserving the craft of both traditional and contemporary bookbinding and the preservation and conservation of the printed and written word.

The Society maintains a publicly-accessible website (societyofbookbinders.com), with publicly-accessible resources, including funding opportunities, finding bookbinding tutors and courses.

Through its seven regions, the Society organises and holds visits, demonstrations and workshops of interest to bookbinders and members of the public.

In August 2024, the Society held a successful 3 day event for all members, at the University of York, featuring demonstrations and talks about the craft of bookbinding.

In October 2024, the Society held an online demonstration /workshop with Jacqui Dodds on mark making and design for lino printing. In December 2024, the Society held an online demonstration /workshop with Samuel Feinstein, a Chicago-based bookbinder, on gold tooling and titling with handle letters.

Financial review

The Trustees are of the opinion that current reserves are adequate to meet the charity's objectives

The balance held as unrestricted funds on the 31st December 2024 was £173,848

On behalf of the board of Trustees

Dr Christopher McNall

Dated 27th October 2025

3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOCIETY OF BOOKBINDERS

I report to the trustees on my examination the accounts of the Society of Bookbinders for the period ending 31st December 2024, which are set out on pages 4 - 9.

Responsibilities and basis of report

As the charity trustees of the trust 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 Trust's 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 giving me cause to believe that in any material respect:

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.

B Hughes

Mr Brian Hughes, Chartered Accountant for and on behalf of A. Hughes-Jones, Dyson & Co. Statutory Auditors & Chartered Accountants Capel Moreia, South Penrallt, Caernarfon, Gwynedd, LL55 1NS

Dated

27th October 2025

4

SOCIETY OF BOOKBINDERS

Statement of Financial Activities for the Period Ending 31st December 2024

Notes
Income
Donations and legacies
2
Investment income
3
Income from charitable activities
4
Total income
Expenditure
Charitable activities
Promotion of bookbinding
5
Total Expenditure
Net Income
Transfers between funds
Funds transferred from the Charitable Trust 1st May 2024
Fund balances at 31st December 2024
Unrestricted
Funds
£
1,391
1,416
95,835
98,642
107,937
107,937
(9,295)
-
183,143
173,848
Restricted
Funds
£
-
254
-
254
-
-
254
-
10,603
10,857
Total
Funds
2024
£
1,391
1,670
95,835
98,896
107,937
107,937
(9,041)
-
193,746
184,705

5

SOCIETY OF BOOKBINDERS Balance Sheet as at 31st December 2024

Notes
Fixed Assets
Tangible Assets
Current Assets
Debtors
Cash at Bank and In Hand
Creditors:amounts falling
due within one year
10
Net Current Assets
Total assets less current liabilities
Income funds
Restricted funds
11
Unrestricted funds
£
£
-
-
193,475
193,475
(8,770)
184,705
184,705
10,857
173,848
184,705
2024
£
£
-
-
193,475
193,475
(8,770)
184,705
184,705
10,857
173,848
184,705
2024
184,705
10,857
173,848
184,705

The accounts were approved by the Trustees on 27th October 2025 and signed on their behalf by

Dr Christopher McNall

6

SOCIETY OF BOOKBINDERS

Notes To The Accounts For The Period Ending 31st December 2024

1 Accounting Policies

1.1 Basis of preparation

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, 'Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the Uk and Republic of Ireland (FRS 102) and the Charities Act 2011.

1.2 Income

All income is included in the Statement of Financial Affairs when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Investment income and gains are allocated to the appropriate funds

1.3 Expenditure

All expenditure is accounted for on an accruals basis, and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources.

1.4 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment 25% reducing balance

1.5 Stock

Stock is valued at the lower of cost and net realisable value.

1.6 Accumulated funds

Restricted funds are funds which are to be used in accordance with specific restrictions imposed 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 is set out in the notes to the financial statements.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

2 Donations and legacies

Donations and gifts
Investment income
Interest receivable
Unrestricted
Funds
£
1,391
Unrestricted
Funds
£
1,416
Restricted
Total
Funds
2024
£
£
-
1,391
Restricted
Total
Funds
2024
£
£
254
1,670

3 Investment income

7

SOCIETY OF BOOKBINDERS

Notes To The Accounts For The Period Ending 31st December 2024

4 Income from charitable activities

5
6
7
Unrestricted
Funds
£
Subscriptions
21,700
Adverts
677
Competition
6,478
Regions activities
22,057
Conference income
41,054
Outreach & Education
3,869
95,835
Expenditure
Unrestricted
Funds
£
Charitable activities
Promotion of bookbinding
Activities undertaken directly
99,309
Support costs
8,628
Total
107,937
Activities undertaken directly
Unrestricted
Funds
£
Other costs relating to Promotion of bookbinding comprise:
Bookbinder
14
Website development
462
Conference costs
62,105
Outreach & Education Costs
4,909
Competition Costs
7,117
Regional costs
22,014
General Bursary
2,688
-
99,309
Support costs
Unrestricted
Funds
£
Administration costs and trustees expenses
4,735
Legal Fees
2,333
Independent Examination
1,560
8,628
Restricted
Funds
£
-
-
-
-
-
-
-
Restricted
Funds
£
-
-
-
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
Total
2024
£
21,700
677
6,478
22,057
41,054
3,869
95,835
Total
2024
£
99,309
8,628
107,937
Total
2024
£
14
462
62,105
4,909
7,117
22,014
2,688
-
99,309
Total
2024
£
4,735
2,333
1,560
8,628

8

SOCIETY OF BOOKBINDERS

Notes To The Accounts For The Period Ending 31st December 2024

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the period.

9 Employees

There were no employees during the year.

10 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Accruals
Deferred income
2024
£
2,520
6,250
8,770

11 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Transfer from
Charitable Trust
1.5.2024
£
Gordon Hartley Memorial Fund
10,603
10,603
Incoming Resources
resources
expensed
£
£
254
-
254
-
Movement in
Transfers
£
-
-
funds
Balance at s1st
December
2024
£
10,857
10,857

The Gordon Hartley Memorial Fund was established to honour the memory of Gordon Hartley, who died in office as Chairman in November 2007. The intention is that the interest would permit the funding of a Bursary every two years for one person to attend the Society's Conference as a resident.

9

SOCIETY OF BOOKBINDERS

Notes To The Accounts For The Period Ending 31st December 2024

12 Analysis of net assets between funds

Analysis of net assets between funds
Fund balances at 31st December 2024 are
represented by:
Tangible fixed assets
Current assets
Creditors: amounts falling due within one year
Unrestricted
funds
£
-
182,618
(8,770)
173,848
Restricted
funds
£
-
10,857
-
10,857
Total
£
-
193,475
(8,770)
184,705
13
Funds
General funds
Central Charity
Scotland
London and South
Midlands
Western
East Anglia
North East
North West and North Wales
Designated Funds
Outreach and Education
Bernard Middleton Fund
Aiden Portnall Fund
Total unrestricted funds
Restricted funds
Gordon Hartley Memorial Fund
Total funds
2024
£
75,909
3,066
4,122
12,773
13,130
8,526
4,609
7,644
129,779
32,555
10,740
774
173,848
10,857
10,857
184,705