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2024-08-31-accounts

65 Brook Street, London W1K 4AH

ANNUAL REPORT & ACCOUNTS FOR 2023-2024

NOTICE OF ANNUAL GENERAL MEETING

Members are hereby advised that the 77th AGM of The Anglo-Argentine Society will be held at the Argentine Embassy 65 Brook St, London W1K 4AH on Monday 21th November 2024 at 6.00 pm for the following purposes:

  1. Apologies for absence

  2. To read the notice convening the Meeting

  3. To approve the minutes of the last Annual General Meeting

  4. To receive the Committee’s Report and Statement of Accounts for the year ending 31[st] August 2024

  5. To re-elect members of the Committee and to formally elect members co-opted since the last AGM on 27th November 2023

  6. To vote for a Chairperson

  7. To call for a Treasurer

  8. To appoint the Independent Financial Examiner

  9. Any other business

1

THE ANGLO-ARGENTINE SOCIETY

The Anglo-Argentine Society was founded in London in 1948 by the first Viscount Davidson, G.C.V.O., C.H., C.B., P.C. The Society is non-political, and in 1961 the Society became a Registered Charity (No. 208002).

The purpose and objectives of the Society are:

Note: The above objectives of the Society are as per the revised Statutes of the Society, as passed at the Extraordinary General Meeting on Friday 6[th ] June 2003.

Registered address:

The Anglo-Argentine Society, 65 Brook Street, London W1K 4AH

Tel: +44 (0) 20 7495 0291 info@angloargentinesociety.co.uk - www.angloargentinesociety.org.uk

Registered as a Charity in England and Wales No. 208002

Representatives in Argentina

The Argentine British Community Council (ABCC) Esmeralda 634, 2D, C1007ABF

Buenos Aires

abcc@abcc.org.ar

2

MESSAGE FROM THE CHAIRWOMAN

Thank you to our Honorary President HE Ambassador Javier Figueroa and Minister Alessandra Viggiano Marra, for supporting our Charity as we fulfil our mission to strengthen the understanding and friendship between the people of the UK and Argentina; promote Argentine culture in the UK and fundraise for our designated charities in Argentina.

Thank you to our Honorary President, HE Ambassador Mariana Plaza for the continued support of our charity as we fulfil our mission to strengthen the understanding and friendship between the people of the UK and Argentina; promote Argentine culture in the UK and fundraise for our designated charities in Argentina.

This year has been a very busy one. With events which have covered a broad range of activities from music to asado, from wine to academic research into the relations between Britain and Argentina.

It is also my third and last year as chairwoman as I stand down in compliance to our statutes at this AGM.

I hope I have accomplished what I proposed in 2021, modernise and make the AAS relevant, when I took the position after a few years in the committee.

I feel proud to say we have now a vibrant, more visible, and relevant AAS built upon the legacy of my predecessors, despite a world pandemic when many thought we’ll disappear.

Since our last AGM our committee experienced changes.

We welcomed Lucía Sarmiento and Ed Cousins, as co-opted members, voted recently; Clorrie Yeomans joined us and became Honorary Secretary.

Former Treasurer Mario Mansilla continued helping with our payments until now, despite not being a treasurer; he will leave the committee after this AGM, and will continue payments until a new treasurer is found. Regrettably our Hon.Treasurer, Federico Yáñez, was hired for a new job in Dubai, which kept him busy with negotiations and moving his young family.

Vanesa Patrignani, who was voted trustee, had to resign early this year because her job demanded a lot more time from her than estimated, with travels and weekend’s commitments.

So, we have been a small committee of 5 for most of 2024.

Once again, we need new members in our executive committee who have the will to work for the AAS as volunteers apart from becoming eventual trustees.

Yet, my biggest concern is finding the right treasurer for the AAS. A volunteer and trustee who could, with the support of our bookkeeper, give the charity what it needs to function smoothly. I have shared with the committee ideas and specs to make a professional search for a treasurer among our members first, or through trustworthy trustees’ organizations if we have no volunteers.

Sadly, a low point this year, must be the loss at the Gran Asado, plus it was a very cold day. Despite having 230 tickets sold, a great programme, and the generous Viñals/Prestige (Rutini Wines) sponsorship, it simply wasn’t enough to cover all costs, particularly the outrageous cost of the marquee to protect guests from sun and rain. It happened what I predicted at the last AGM.

A new format should be put in place or the whole asado, reviewed. I repeat myself: the Gran Asado is a great exercise in traditions and friendship/family cultural values, but without proper asadores and without covering fixed costs through a clever and aggressive sponsorship plan, it is not financially worth it anymore.

But let’s see the achievements and positive paths.

3

Apart from Viñals generous donation of wines for the Gala Dinner 2023, and the Gran Asado help 2024, I started conversations with the new CEO of Casa Argentina, Max Pistone, who generously sponsored this year’s Gala dinner with £1000. The next administration should continue the exploration of this path and similar ones. Public Relations take a couple of years to mature, and I guess my efforts in the past years are starting to pay now, since more attention is given to what we do, and more institutions and individuals want to connect to us. They see value in us.

A quick social media update, we have more than 2240 followers on Instagram; 1600 on Facebook, and we are active on Linked In and X (former Twitter) as well, though a bit less. I started managing the Instagram account in November 2019 with merely 100 followers. On Facebook we had one gala post which reached 2600 people. And it has been consistent after our events, to get a couple of new memberships.

The Events of the Society:

Let’s recap our events since 31 August 2023.

As chairwoman I represented the AAS at several events by invitation, including, the annual Taylor Lecture and dinner at the University of Oxford with Argentine Author Samantha Schweblin; San Martin homage, Canning House 80 years celebration, embassy events, Delfina foundation events.

Allow me to mention our Gala 2024 made a net profit of £9,537.20, to be shared with APARU. Our cut was £4,768.60. We had 100 guests; this profit will be seen in the next financial report in 2025, yet the job was done during my tenure.

Leyendo Argentina:

Essential to promoting Argentine culture and preserving our Spanish language, this book club in Spanish made 8 years in May. Coordinated by our long-time member and founder of the book-club Alicia Alborja de Mellino and Paula Fiorini. Leyendo Argentina meets once a month, using Zoom or meets in person at the Embassy or Residence. Since August they read:

“Enero” by Sara Gallardo; “El Túnel” by Ernesto Sábato; “El país del viento” by Sylvia Iparraguirre; “Un verdor Terrible” by Benjamín Labatut; “Fortuna” by Hernán Díaz; “El amante de la mano izquierda” by Enrique Parma” (author present); El corazón del daño” by María Negroni; “La paciencia del agua sobre cada piedra” by Alejandra Kamiya; “Triste solitario y Final” by Osvaldo Soriano (in person meeting at the Embassy of Argentina); “No es un Rio”, by Selva Almada (autor was present).

In these 8 years they have read and discussed 75 books of Argentine contemporary literature written from 1983 and some classic authors.

4

Many AAS members got first in touch with this initiative and then took subscription.

Charities chosen for 2025-2026

Our new designated charities chosen on September 10th for the period 2025-2026 are Red Comunidades Rurales and Haciendo Camino. Five charities applied for our help.

I encourage you to look for their websites and social media to see their work.

We had extended our help to Enseñá x Argentina and Asociación Civil Cuerpo y Alma for one more year, to complete 3 years of support in total. But we have not transferred the due monies at the end of 2023 due to many banking difficulties. So, we intend to transfer the 2023 donation of £1000 each, plus this year’s donation agreed by the committee on £500 each (due to our losses).

I am happy to share we receive now more requests from charities to be consider as candidates for our help, again, due to the visibility of our work.

Management/Admin:

Our Society has grown due to new memberships, visibility, original events shared acros all platforms and the frequency of our communications, and it grew in complexity while modernising too. This makes it imperative to hire services for its maintenance, communications, book-keeping. These expenses are essential, because nobody has the time to do so much for free or on their own. In sum, all these aspects need careful attention.

Thank you to María Durá-Albert who takes care of our accounts, Chloe Lerigo (Scragg) who has managed ticketing on Eventbrite, online raffles on Rally Up and all Mailchimp email communications, also providing much needed advice; and to Antonio Trenado, who continues to maintain our website, advises and helps on all things tech from Memberpress to our email. The three of them are paid per hour.

The AAS needs a new treasurer from December, may need a social media manager and a secretary who could be on top of daily emails and coordination to function properly.

Recommendations:

Continue to develop relationships with potential sponsors, keep communications frequent and dynamic across all platforms, be creative when proposing events. My motto has been to always treat our members as family and to find ways to engage them. It’s everybody’s Society, after all.

It’s urgent the need to update our old-fashioned statutes to bring them to the 21st century, considering everything is digital and the current fast pace of our world; or we run the risk of being non-compliant. We move faster than what was considered on its articles creating a clash with the rules.

Be aware and in touch with fellow institutions. This is very important, and the reason why I tried to continue strengthening an ecosystem of support with old friends, and approaching new ones, from universities, to other Anglo Societies, APARU, BACC, ABCC, art galleries, writers, visual and performing artists, etc. They are writing to us now because of our visibility. Many seek our advice too.

Programa Puentes/Curatorial Residency at Delfina Foundation.

The AAS worked with the Embassy of Argentina’s Culture Section, and with cultural strategist Camila Charask, on the implementation of the Bridges Programme which framed a curatorial residency for one Argentine Art practitioner at the prestigious Delfina Foundation in London.

We supported three residencies, the last was by Open Call instead of nomination, won by Carolina Jozami who completed it in March 2024. After she finished, she was hired as curator at White Chapel Gallery, making this again a successful result, providing a way for Argentine visual arts to be more present in the commercial circuit in the UK, via what the curator could propose to the British public.

5

Our previous winner, Andrei Fernández, was invited after completing her residency, to curate an exhibition entirely made of Wichi Women artists, at Cecilia Brunson Projects gallery in October 2023, which sold out, returning a good portion to the Wichi community. While Javier Villa, first winner, returned to Argentina bringing essential material and research to create one of his last exhibitions at Museo de Arte Contemporáneo of Buenos Aires, before moving to a new placement.

All these residencies were funded with the proceeds of Milongas which took place at the Official Residence. We were left with a very interesting profit margin of £1000 plus, we should use wisely.

Our Committee dynamics:

The committee meets once a month (not every quarter as per statutes, it’s not enough, and this is not a corporation), and we have a dynamic chat on WhatsApp, which provides a poll feature where we have voted sometimes. All these new tools -not considered in our statutes- facilitate our work which has been remote mainly, yet it never replaces the face-to-face meetings which favour a richer exchange of ideas, task distribution, and a better sense of collective.

My Gratitude.

I’d like to thank our vicechair Federico Cincotta for his legal advice and help at key times; Mario Mansilla for his sense of responsibility beyond his duty, Vanesa Patrignani, for her great social media insights, Federico Yáñez for his business mind approach, Clorrie Yeomans for her great enthusiasm and the will to pull forward, proving to be a great collaborator; and to our new members Lucía Sarmiento who arrived full of purpose; and Ed Cousins for accepting to re-join us. Also, I would like to mention former committee members Adolfo Tuñón and Liz Merchant, for being always there to give advice and volunteer in as many things as their time allowed them. To our amazing vice-presidents, who have been a great guidance and a supportive group in front of challenges we have gone through in the past 3 years: Julie Whitworth, Peter Edbrook, Heather Jewell, Alexandra Daniell, and Tony Robinson. Thanks to former Ambassador Javier Figueroa who became Honorary Vicepresident, as his predecessors.

Of course, my personal gratitude to the Embassy of Argentina again, in Her Excellency Mariana Plaza, and the staff of both the Embassy and the Ambassador’s Residence, for being such great partners of the AAS.

As you may now, I have managed most of the AAS’s aspects from public relations to social media postings and events organisation, except finances, at high personal and professional costs due to the time this ad-honorem job demanded. So, I need to thank my husband Mark Reardon and son Mateo as well for their help and support. I did it all with passion and convinced we need to give back to the community. I’ve done it with pride, love and all the respect the AAS deserves.

It was, in fact the biggest honour of my life to serve as the AAS’s Chairwoman and I wish my successor and the Society all the best in the future.

And to the most important people, thanks, dear members of the Anglo-Argentine Society, for trusting me along these three years.

Wishing you All a wonderful Festive Season and a Prosperous Year 2025.

Fátima Nollén-Reardon Chairwoman The Anglo Argentine Society Reg charity 208002 November 2024

6

THE ANGLO-ARGENTINE SOCIETY

Honorary President

HE Ambassador Mariana Plaza

Vice Presidents

Dr Judith Cherni Mrs Alexandra Daniell Mr Peter E Edbrooke Mrs Heather Jewell Mr Jorge Nicanovich Mr R Anthony Robinson Mr J William E Rumboll Mr Timothy Rumboll Mr Alan A Tabbush, OBE-RIP 2023 Mrs Julie Whitworth Mr John M Wilson

Executive Committee

Chairwoman

Mrs Fátima Nollén-Reardon

Vicechair

Mr. Federico Cincotta

Hon. Treasurer Mr Federico Yáñez

Hon. Secretary Ms Clorrie Yeomans

Members of the Committee

Mr Mario Mansilla, Ms Lucía Sarmiento (co-opted), Mr Ed Cousins (Co-opted)

7

STATEMENT OF THE COMMITTEE’S RESPONSIBILITIES

The members of the Committee, as trustees, are required under the Charities Act 1993 to prepare accounts for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. In preparing accounts giving a true and fair view, the Committee should follow best practice and:

The Committee Members are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the Charity and ensure that the accounts comply with applicable law and regulations. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

CHAIRMEN/WOMEN

1948-1955 The Rt Hon The Viscount Davidson, GCVO, CH, CB, PC
1955-1960 Mr E B Baring
1960-1963 Mr J G Phillimore, CMG
1963-1966 Sir Leslie Bowes, KCMG, CBE
1966-1969 Mr J G Phillimore, CMG
1969-1972 Mr J Graham
1972-1974 Mr P G Ritchie
1974-1977 Mr R D C McAlpine, CMG
1977-1980 Mr R Emery, OBE
1980-1983 Mr A A Tabbush, OBE – RIP 2023
1983-1986 Mr R J E Majdalany
1986-1989 Mr M B Miller, OBE
1989-1992 Mr C A Muller
1992-1994 Mr J Nicanovich
1994-1997 Mr R A Robinson
1997-2000 Mr P E Edbrooke
2000-2003 Mr J W E Rumboll
2003-2006 Mrs H Van den Broucque
2006-2008 Mrs A Daniell
2008-2010 Mr M B Miller, OBE
2010-2014 Mr J M Wilson
2014-2017 Dr J Cherni
2017-2021 Mrs Julie Whitworth
2021-2024 Mrs Fátima Nollén-Reardon

8

HONORARY VICE-PRESIDENTS

Rt Hon Baroness Gloria Hooper CMG Mr Robin Walker, MP, Minister of State (Northern Ireland Office) Mr Anthony Westnedge OBE

HONORARY MEMBERS

Professor Benjamin Bollig Sr y Sra Mario Cámpora Ms Alicia Castro Dr. Héctor Dante Cincotta Sir Robin Christopher KBE CMG and Lady Christopher Mr Henry Eliot Mr Adam Feinstein Sr Javier Figueroa & Sra Alessandra Viggiano Marra Sr y Sra Juan Eduardo Fleming Mr John Freeman CMG and Mrs Corinna Freeman Sr Rafael Gowland Miss Ines Graham-Yooll Sir Peter Hall KBE CMG and Lady Hall Dr John Hughes CBE and Mrs Hughes Professor John King Sra Maria Kodama -RIP 2023 Dr A Lastra Mrs Kaia Marsden Lady Maria Eugenia Maud Mrs Diana Miller Sr Federico Mirré y Sra Cecilia Duhou Viscountess Montgomery of Alamein Mrs Mary Nelson Muller Sra Maria Julia Nieto de Graham-Yooll Dr Humberto Nuñez-Faraco Sr y Sra Rogelio Pfirter Sr R Carlos Sersale di Cerisano and Mrs Linette de Jager Mr Nicholas Shakespeare Professor Edwin Williamson

9

MESSAGE FROM THE TREASURER

Good evening, members.

As we reflect on the past year, I'm pleased to report that our society has continued to thrive. Despite challenges faced by many organisations, we've maintained our financial stability and achieved several key milestones.

One of the significant changes we've implemented this year was a slight increase in our membership fee. This decision was made to offset rising costs associated with our events and the broader economic inflation, and to ensure the sustainability of our society's activities and to maintain the quality of our events. We appreciate your understanding and continued support.

Our membership base has remained steady, with several new members joining our ranks. This growth is a testament to the value and engagement our society provides.

Despite facing a shortage of volunteers this year, our Gran Asado remained a cornerstone of our social calendar. This beloved event is more than just a meal; it's a celebration of Argentine culture, a bridge between communities, and a cherished tradition that fosters unity and camaraderie within the British Argentine community.

Unfortunately, the volunteer shortage forced us to hire a third-party caterer, which led to increased costs and a financial loss of £9,627.41. We are committed to exploring alternative arrangements to ensure the continued success of this important event in the future. We believe that the Gran Asado is a valuable asset to our society, and we will continue to work towards making it a sustainable and enjoyable experience for all.

The other main events of the society have provided the following profit after taxation: Gala Dinner: £2,765.01, Christmas Party: £1,324.07, History of arrival of Malbec in Argentina: £474.21.

I would also like to mention that although this year’s Ambassador’s Gala (with APARU) will be included in next year’s accounts, it has been a wonderful event and proven to be a significant fundraiser for our Charity with a net profit of £9,537.20. The AAS got £4,768.60 and APARU a similar amount.

We also continued the Puentes Program, which has been consistently successful and generated a profit after taxation of £1,162.34.

Unfortunately, due to bank bureaucracy, we have not yet been able to transfer the allocated £2,000 to our chosen charities. We are actively working on resolving this issue.

As of August 31st, 2024, our society's bank balances were as follows: Virgin Money £16,199.21 and Lloyds £29,980.34. The funds held at Lloyds continued earning an annual interest rate of 1.11%, but this has been updated recently to 1%.

Our continued use of the XERO accounting system has streamlined our financial processes, saving us time and reducing errors. Our website has now surpassed the two-year mark since its launch and has proven to be a valuable tool for connecting with our members and promoting our events. In the past year, an increasing number of members have used the website to renew their memberships, purchase event tickets, and stay updated on our activities.

10

I'd like to express my sincere gratitude to my predecessor Mario Mansilla, who has taken on a significant workload for a longer period than anticipated, and to Maria Dura-Albert, our bookkeeper, for their dedication and hard work. Their contributions have been invaluable to the success of our society. I would like to extend our sincere gratitude to the Argentine Embassy for their continued support. In addition to providing office space and storage for our asado equipment, the Embassy has generously allowed us to use the Residence for several of our events at no cost. This has significantly contributed to the success of our society.

As we look ahead to the coming year, we're excited about the opportunities to further strengthen our community and make a positive impact. We're exploring new fundraising initiatives and seeking to expand our membership base.

Thank you for your continued support.

Federico Yáñez Honorary Treasurer The Anglo Argentine Society Reg charity 208002 November 2024

11

INDEPENDENT EXAMINER’S REPORT TO THE COMMITTEE OF THE ANGLO ARGENTINE SOCIETY

I report on the accounts of the Society for the year ended 31[st] August 2024, which are set out on pages 11-16.

Respective responsibilities of committee members and examiner

The Charity’s Committee Members are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the Society’s accounts carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination and 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;

  1. Accounting records were not kept in respect of the Society as required by sec 130 of the 2011 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 do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2009 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.

D.M.A. BROWNRIGG

DAVID BOWDEN & CO. Chartered Accountants 19 Den Avenue Bognor Regis West Sussex PO21 1HE

Date: 4[th] November 2024

12

THE ANGLO ARGENTINE SOCIETY

STATEMENTS OF FINANCIAL ACTIVITIES

For the year ended 31[st] August 2024

2022-2023
£
£
Notes
GENERAL FUND:
INCOMING RESOURCES
6,707
Membership fees
2
241
Donations & gifts
3
31,083
Fund-raising events
4
-
Commission
280
Gift Aid income tax recovery
38,311
Total Income
RESOURCES EXPENDED:
30,198
Fund-raising & donations
5
16,917
Management & administration
6
47,115
Total Expenditure
(8,804)
Net Increase in General Fund
DESIGNATED FUND RESOURCES:
-
Bank interest received
Less:
-
Events contributions
-
Utilised for laptop purchase
-
Net increase / reduction
(8,804)

NET SURPLUS / (DEFICIT) FOR YEAR
64,974
Balances brought forward
£56,170
BALANCE CARRIED FORWARD		 2023-2024
£
£
8,650
170
42,379
60
2,096
53,355
47,090
14,823
61,913
(8,858)
341
-
-
341
(8,217)
56,170
£47,953		 2023-2024
£
£
8,650
170
42,379
60
2,096
53,355
47,090
14,823
61,913
(8,858)
341
-
-
341
(8,217)
56,170
£47,953
47,090
14,823
341
-
-
(8,804)
-		 (8,858)
341
(8,804)
64,974		 (8,217)
56,170
£56,170 £47,953

There were no recognized gains or losses for 2024 or 2023 other than those included in the Statements of Financial Activities.

The notes on pages 14-16 form part of these financial statements

13

THE ANGLO ARGENTINE SOCIETY

BALANCE SHEET

As at 31[st] August 2024

2023
£
£
Notes
FIXED ASSETS:
4,179
Tangible assets for use by the Charity
7
CURRENT ASSETS:
500
Debtors
8
51,618
Cash at bank
9
2,253
Prepayments for Borges Lecture
54,371
2,380
CREDITORS:Amounts falling due within 1 year
10
51,991
NET CURRENT ASSETS:
£56,170
NET ASSETS:
CAPITAL:
28,241
Unrestricted General Fund
27,929
Designated Fund
11

£56,170
NET ASSETS:		 2024
£
£
2,092
240
46,642
33
46,915
1,054
45,861
£47,953
20,024
27,929
£47,953		 2024
£
£
2,092
240
46,642
33
46,915
1,054
45,861
£47,953
20,024
27,929
£47,953
46,915
1,054
£56,170 £47,953
28,241
27,929		 20,024
27,929
£56,170 £47,953

Approved by the Committee on 4th October 2024 and signed on its behalf by:

Fatima Nollen-Reardon Chairwoman

Federico Yáñez

Hon. Treasurer

The notes on pages 14-16 form part of these financial statements

14

THE ANGLO ARGENTINE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31[st] August 2024

1. ACCOUNTING POLICIES

Basis of preparation of financial statements:

The financial statements are prepared under the historical cost convention and include the results of the Charity’s operations, which are described separately in the Committee’s Report and all of which are continuing. The financial statements have been prepared in accordance with the Statement of Recommended Practice for charity accounts. The Charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirements to produce a cash flow statement on the grounds that it qualifies as a small charity.

Fixed Assets:

Tangible fixed assets for use by the charity are stated at cost less depreciation. Depreciation is provided at rates calculated to write off each asset over its expected useful life in five equal annual instalments.

Income:

Life Members

Members’ subscriptions are accounted for as received by the Charity and credited to income in four equal annual instalments.

Ordinary & Corporate Members

Members’ subscriptions are accounted for as received by the Charity, except for those received in advance which are carried forward to the following year.

Donations & gifts

Voluntary income and donations are accounted for as received by the Charity.

Fund-raising events

The income from fund-raising ventures incurred in inducing people and organizations to contribute financially to the Charity’s work is shown gross, with any associated costs included in fund-raising costs.

Management & Administration expenditure

Expenditure on management and administration of the Charity includes all expenditure not directly related to the charitable activity or fund-raising events. No remuneration was paid to Committee members in the year, but expenses were reimbursed and included as part of costs.

Value Added Tax

VAT is not recoverable by the charity, and as such is included in the relevant costs in the financial statements.

2023 2024
£ £
**2. ** MEMBERSHIP FEES
Membership subscriptions 6,707 8,650
**3. ** DONATIONS & GIFTS
Voluntary income from corporate sponsors & private individuals 241 170

15

THE ANGLO ARGENTINE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31[st] August 2024

For the year ended 31st August 2024
4. FUND-RAISING EVENTS INCOME
Gran Asado
Artistic and social events
5. FUND-RAISING & DONATION EXPENDITURE
Gran Asado
Other events costs
Total fund-raising expenditure
Donations to charitable organisations
Total fund-raising & donation expenditure
6. MANAGEMENT & ADMINISTRATION EXPENDITURE
Insurance
Telephone costs
Website, software & hardware costs
Bank, card reader & payment charges
Accountancy & Examination fees
Bookkeeping & administration
Consulting
Advertising, marketing, networking
Stationery & printing expenses
Office supplies, cleaning & office assistance
Food/drinks for meetings/networking
Gifts given away
Postage, freight & courier
Licences & permit fees
Chairwoman’s travel
Travel national
Event expenses
Depreciation
7. TANGIBLE ASSETS
All assets are used in the administration of the Charity
EQUIPMENT - LAPTOP
COST:
At 31stAugust 2023
Additions
At 31stAugust 2024
DEPRECIATION:
At 31stAugust 2023
Charge for year
At 31stAugust 2024
NET BOOK VALUE:
At 31stAugust 2023
At 31stAugust 2024		 2023
£
6,375
24,708
31,083
9,155
10,863
20,018
10,180
30,198
1,137
606
3,060
270
250
3,340
1,988
-
1,010
102
35
-
3
110
501
-
2,417
2,088
16,917		 2024
£
12,772
29,607
42,379
20,630
17,180
37,810
9,280
47,090
1,118
820
2,774
473
250
2,263
350
33
206
80
539
45
-
40
362
25
3,357
2,088
14,823
2024
£
1,752
-
1,752
1,050
350
1,400
702
352

16

THE ANGLO ARGENTINE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31[st] August 2024

TANGIBLE ASSETS – continuation

WEBSITE
COST:
At 31stAugust 2023
Additions
At 31stAugust 2024
DEPRECIATION:
At 31stAugust 2023
Charge for year
At 31stAugust 2024
NET BOOK VALUE:
At 31stAugust 2023
At 31stAugust 2024
ALL ASSESTS NET BOOK VALUE
Laptop – at 31stAugust 2023
Website – at 31stAugust 2024
Total
8. DEBTORS
Marquee World Limited – late removal fee refund Gran Asado 2024
9. CASH AT BANK
Current accounts
10. CREDITORS: amounts falling due within 1 year
Outstanding bills
Event income in advanced for Ambassador’s Gala Dinner
Accrued accountancy & examination fee
Accrued bookkeeping & administration fee
11. DESIGNATED FUND
The Society’s capital is represented by:
Designated Fund (*)
Unrestricted General Fund		 2023
£
500
500
51,618
30
1,000
250
1,100
2,380
27,929
28,241		 2024
£
6,951
-
6,951
3,474
1,738
5,212
3,477
1,740
352
1,740
2,092
2024
£
240
240
46,642
104
-
250
700
1,054
27,929
20,024

(*) This relates to moneys received in consideration for vacating the premises at Belgrave Square, but which were held in a dedicated bank account by The Hispanic and Luso Brazilian Council (“Canning House”) until February 2021 when they were released to the Anglo-Argentine Society. These moneys have now been deposited in one of the Society’s current accounts, ring fenced as a Designated Fund.

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THE SOCIETY’S ACTIVITIES For the year ended 31[st] August 2024

Leyendo Argentina Book Club in Spanish in its 8th year

From September 2023 to August 2024 the group discussed the following books:

“Enero” by Sara Gallardo; “El Túnel” by Ernesto Sábato; “El país del viento” by Sylvia Iparraguirre; “Un verdor terrible” by Benjamín Labatut; “Fortuna” by Hernán Díaz; “El amante de la mano izquierda” by Enrique Parma (author was present); “El corazón del daño” by María Negroni; “La paciencia del agua sobre cada piedra” by Alejandra Kamiya; “Triste solitario y final” by Osvaldo Soriano (in person meeting at the Embassy of Argentina); “No es un rio”, by Selva Almada (autor was present).

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THE BORGES LECTURES

The Jorge Luis Borges Lecture of the Anglo-Argentine Society has been given by the following:

1983 Jorge Luis Borges, K.B.E., D.Litt. 1984 Graham Greene, O.M., C.H., D. Litt. 1985 Professor H.S. Ferns, M.A., Ph.D., D. Litt. 1986 Sra. Alicia Jurado 1987 Sr. Mario Vargas Llosa 1988 Sr. Guillermo Cabrera Infante 1989 Angela Carter 1990 Sr. Carlos Fuentes 1991 Professor Simon Collier 1992 Sra. Vlady Kociancich 1993 Sr. Adolfo Bioy Casares 1994 P.D. James (Baroness James of Holland Park O.B.E.) 1995 H.E. Sr. Jorge Edwards 1997 Hugh Thomas (Lord Thomas of Swynnerton) 1998 Dr. Marcos Aguinis 1999 Ms. Luisa Valenzuela 2000 Mr. Tomas Eloy Martinez 2010 Mr Nicholas Shakespeare 2012 Professor Alberto Manguel 2013 Dr Adam Feinstein 2014 Professor Edwin Williamson 2015 Professor John King 2017 Dr Humberto Nuñez-Faraco 2019 Mr Henry Eliot 2019 25[th ] – Silver Jubilee Borges Lecture: Ms Ines Graham-Yooll (in memory of Andrew Graham-Yooll OBE, Honorary Member) 2022 Dr Hector Dante Cincotta 2024 Professor Benjamin Bollig

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SPONSORS & DONORS September 2023 - August 2024

The Society is very grateful to the following for their generous donations:

Embassy of Argentina Alberto Abate Bacanas Baroness Gloria Hooper Baroness Rosario de Mandat Grancey Birmingham Royal Ballet Casa Argentina Catena Wines Catharine Miller Gallery Chango Empanadas Conor Mark Jameson Estribos Ham Polo Club Jaggedart James Jauncey Jeanine Hanneman Kenelm Murray Liliana Tiedemann London Tango Academy London Mate Dry Gin Martin & Berit Garsed Menier Chocolate Factory (Theatre) Parrilla Gaucha Paula Da Rosa Rex Gowar Stuart Blake Succeed in Languages Tango Movement Trevor Grove Viñals Wine & Food / Prestige / Rutini Wines Zhanna MacMillen

We also want to thank all our members who so generously volunteered their time to help make our events a success.

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