## **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** **Annual Report and Accounts** **Year to 31[st] December 2022** |**CONTENTS**|| |---|---| ||Page| |Trustees’ Annual Report|1-3| |Independent Examiner’s Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to the Accounts|7-13| Charity Commission Registered Number:- 214726 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** ## **Report of the trustees for the year ended 31[st] December 2022** The trustees present their report along with the financial statements of the charity for the year ended 31[st] December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), and comply with the charity’s By-Laws and the Charities Act 2011. ## **Objectives and activities** The Society was founded in 1885 to collect and publish information relative to the history of Huguenots with particular reference to those who took refuge in Great Britain, Ireland and the Channel Islands. The Trustees confirm that they have referred to the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and setting policy for the year. ## **Achievements and performance** The Society continues to provide information on Huguenots in accordance with its By-Laws, and the Trustees and Fellows have a commitment to make information about the history of the Huguenot refugees of the 16[th] to 18[th] centuries available for public benefit. At the centre of this is the operation and continuing development of a library and archive which is supported and maintained in premises provided without charge by University College London. The Society also publishes relevant books and an annual journal, as well as organising events and selling related items. The trustees are satisfied that the Society meets its objectives. ## **Financial Review** The Society recorded a surplus for the year before transfers, investment revaluations and investment asset disposals for the year of £5,162 compared with £70,037 for the previous year. The principal sources of funds are shown in the Statement of Financial Activities of these accounts. In addition, there were net losses on investments of £207,347 (2021: gains £112,105). This together with the surplus for the year reduced the reserves by £202,185 (2021: increased by £182,142). Total reserves stood at £1,285,834 (2021: £1,488,019) at the year end. There were no significant changes to the basis of operation of the Society during the year. There have been no important events between the balance sheet date and the date upon which the Trustees’ Report is signed that significantly affect the financial position of the Society as shown by these financial statements. ## **Investment Policy and Performance** The Society’s investments are managed on a full discretionary basis by Investec Wealth and Investment Limited, with whom a review meeting is held at least annually. Investment policy has regard to a balanced moderate investment risk. ## **Reserves Policy** The Trustees continue to review the requirement for free reserves, which are those unrestricted funds not designated for specific purposes or otherwise committed. The free reserves at 31[st] December 2022 consist of the general reserve with a current value of £1,285,834 (2021: £1,488,019) used for the historical study and dissemination of information about the Huguenot persecution in France and its effect on migration. In addition, the Society is periodically required to cover important but irregular commitments in the form of major publications, promotion and support of conference initiatives, purchase of important artefacts and documents and provision of research grants. The Society relies on its income from subscriptions and reserves to cover these objectives in addition to its educational aims. ## **General Data Protection** It is the Society’s policy to restrict use of personal data, held securely, solely for its own use and not for wider circulation. Such data held by the Society is used to circulate the periodic Journal and news believed to be of interest to all Fellows and Libraries. The periodic list of Fellows is made available to Fellows only. 1 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** ## **Report of the trustees for the year ended 31[st] December 2022 (cont’d)** ## **Plans for Future periods** There are no plans for any significant changes to the basis of operation of the Society, although these are kept under review. University College London Special Collections, with whom the Library has been housed since 1957, is moving to a new location, and the Trustees are pleased to report that the arrangements for accommodating the Library continue as hitherto, during and after the present transitional period. ## **Risk Management** Risk management is built into the charity’s management system; current income and expenditure is constantly reviewed and monitored. Longer term plans are reviewed at least annually; insurance risks to people and property are covered by appropriate policies and insurance cover. ## **Structure, governance and management** The Society was founded in 1885 and is a registered Charity (No 214726). It is regulated by its By-laws. The trustees in office during the period and at the date of this report are listed below. The appointment and induction of new trustees is carried out as appropriate to the needs and best interests of the Society. No outside person or body is entitled to appoint a trustee. Each trustee has taken responsibility for monitoring the activities of the Society and carries this out through meetings of the Governing Body. ## **Organisation and management** The Charity is managed by the trustees who meet four times during the year to review the activities and finances of the Charity. There is one paid librarian and the Charity has the benefit of donated time of volunteers who help organise events and deal with the administration of the Charity. ## **Legal and Administrative Information** Charity Commission Registered Number: 214726 Governing Body for the year ended 31[st] December 2022 **President:** Katrina Matthews **Vice Presidents:** Glynda Easterbrook BSC, ARSM, MA (Ed), FGS Anthony Wilson BA Brian de Save Barbara Julien BA **Honorary Secretary:** Anne Nugent **Honorary Treasurer:** M F Harcourt Williams MA, FCA **Honorary Meetings Secretary:** David Guyon **Honorary Editor:** Vivienne Larminie PhD, FRHistS **Trustees:** All Members of the Governing Body currently in office are considered to have trustee status under the Charities Accounting Regulations. Council Members are appointed at meetings after due nomination. ## **Council Members:** Peter Craggs Leslie Du Cane – resigned 10 May 2022 Keith Finch Sara Haw – resigned 10 May 2022 Edward Davis Stan Rondeau – resigned 10 May 2022 Sarah Vermont Myrna Jeannette Hayter Joyce Hampton – appointed 10 May 2022 Michael Green Jeanne Mann Sandra Robinson– appointed 10 May 2022 Ian Stone – appointed 10 May 2022 Diane Watts – appointed 10 May 2022 2 THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND Report of the trustees for the year ended 31* December 2022 (cont’d) ## Legal and Administrative Information (cont’d) ## Advisers: |Bankers:|CAFBankLimited, P.O.Box 289,WestMalling, Kent,ME194TA| |---|---| |Investment Managers:|Investec Wealthand InvestmentLimited,30Gresham Street, London,EC2V7QN| |IndependentExaminers:|Keelings Limited, Broad House, 1TheBroadway, Old Hatfield,| ||Hertfordshire, ALO5BG| |Solicitors:|LeeBoltonMonier-Williams, 1TheSanctuary, Westminster,London,SW1P3JT| |Registered Office:|TheHuguenotLibrary, University College,GowerStreet, London,WCLE6BT| |Website:|www.hupguenotsociety.org.uk| ## Statement of trustees’ responsibilities The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The law applicable to charities in England and Wales, the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the By-Laws require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application thereof. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - - observe the methods and principles in the Charity SORP; , - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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. ## Independent Examiners The independent examiners, Keelings Limited, Chartered Tax advisors and Chartered Certified Accountants, will be proposed for re-appointment at the forthcoming Trustees’ meeting. ## Approved by the trustees on a 1 Dep 48 and signed on their behalf by: ## LfSokwiaa, (Hatin Matthews -~ President 3 THE HUGUENOT SOCIEfY OF GREAT BRITAIN AND IRELAND Independent Ex&mtner's report to tlie Trustees of The Huguenot Society of Great Britain and Irelaiid l yep()rt to thÈ charity tsustees on my examijiation of the accounts ol The Husuenot Society of Great Britain and Ireland for the year ended 31st DecemL*r 20Y2. Responsibilities and basi$ of report As tlie chat'ity tt'u5tees of Ilie Trust you are responsible for the preparation of the aco)unts in occordance with the requiremeiits of the Charities Act 20111'the Act'l. l i'eport tn re8pectof my examinati<)n of the Trust'5 accounts cai'ried out under sectioii 145 of the Act and incarrying out Iny exainiiiation I I￿ve followed all applicable dire¢tioi)s given by the Charity Comjnission ttrtdev section 14515llbl of the Aet. Independeiit Examinels 5tatemettt I have completed Jny exainination. I confirm that no inaterial inatlers have come to iny attetttion in Coithection with the exainination ￿ving ine cauge to believe that in any inaterial respo¢t.. accountÈng recoi'ds weir not kept in ￿speCt of the Trust as required by section 130 of the Act- or die accoiuits do LTrot accord with those tecords,. or tlie aecounts do Jiul coinply w2tli tlie applicable reqllirements eoiicerning the foi'ni and contetit of accouiits set out iii tlio Cl)ai'ities (Accounts and Reports) Rcgulattorts 2W8 other tlian any LEquireineiit tliat the accou1)￿. give a true ￿ld fair view whicli is iiot a inatter considered as paTt of an indepeiidejit exainlnati￿). I have no COn￿rn8 and have come acJD8s iits other rnattets in connection with the examination to which attention 51iould be di'awn this report iii order to eJ)able a proper undei%tAnding of the accouiits to be reaclied. Alfon8¢J Del Basso- FCCA, BA (Roiis Keelings Limited Chai'ttred Tax Advisers and Chartered Certifted AccouiitanL8 Broad House l Tiie Broadway Old Hatfiold Herts AL9 5BG Date 27 Ap.ri1 2023 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** ## **Statement of Financial Activities for the year ended 31[st] December 2022** |Notes
**INCOME AND ENDOWMENTS FROM:**
**Incoming resources from generated funds:**
Donations and legacies
2
Other trading activities
3
Investments income
4
**Other:**
Subscriptions and fees
5
**Total**
**EXPENDITURE ON:**
Raising funds
Charitable activities
6
**Total**
**NET INCOMING/ (OUTGOING) RESOURCES BEFORE**
**OTHER RECOGNISED GAINS/(LOSSES)**
**NET GAINS/(LOSSES) ON INVESTMENTS**
Realised
Unrealised
**Net Movement in Funds**
**Reconciliation of funds:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
2022
£
4,455
25,787
35,469
46,511
112,222
11,620
95,440
107,060
5,162
(38,035)
(169,312)
(202,185)
1,488,019
1,285,834|Unrestricted
funds
2021
£
64,915
5,298
36,984
36,204| |---|---|---| |||143,401| |||12,263
61,101| |||73,364| |||70,037
7,813
104,292| |||182,142
1,305,877| |||1,488,019| There were no restricted funds during the year or the previous year. The notes on pages 7 to 13 form part of these accounts 5 THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND ## Balance Sheet as at 31** December 2022 |||2022||2021|| |---|---|---|---|---|---| ||Notes|£|£|£|£| |FIXED ASSETS|||||| |Tangible Fixed Assets|7||459||.| |Investments|8||1,216,999||1,401,011| ||||1,217,458||1,401,011| |CURRENT ASSETS|||||| |Due from fundmanagers||8,790||6,974|| |Other debtors andprepayments|9|2,845||2,415|| |Cashatbankand inhand||31,704||56,162|| |Cashbalances withfund managers||33,599||28,555|| |||76,938||94,106|| |CREDITORS: Amounts fallingdue|||||| |withinone year|10|8,562||7,098|| |NETCURRENT ASSETS|||68,376||87,008| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES|||1,285,834||1,488,019| |Netassets|||1,285,834||1,488,019| ||,||||| |FUNDS||.|||| |Reserves|||||| |Unrestricted|11||1,285,834||1,488,019| ||||1,285,834||1,488,019| The financial statements set out on pages 1 to 13 were approved by the Council on 27 Apa 2R and signed on its behalf by: . **----- Start of picture text -----**
teesSky Mad,Matets - President
K MATTHEWS
SB de Save, - Vice President
SB deSAVE
LL bonewS Lie,i)
errr ern Sree reer nr rer rerren - Honorary Treasurer
M HARCOURT WILLIAMS —;
**----- End of picture text -----**
The notes on pages 7 to 13 form part of these accounts 6 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** ## **Notes to the Accounts for the year ended 31[st] December 2022** ## **1. Accounting policies** ## **Basis of Accounting** The financial statements of the charity have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)’, the Charities Act 2011 and all other applicable accounting standards. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets. The charity is a public benefit entity under Charities SORP (FRS 102) and is not part of any group and therefore these financial statements cover the reporting entity only. The presentation currency of the financial statements is the Pound Sterling (£). The amounts included in the accounts are rounded to the nearest £1. The trustees have a reasonable expectation that that the charity will continue to operate for the foreseeable future and so these financial statements have been prepared on the going concern basis. ## **Critical accounting judgements and key sources of estimation uncertainty** The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the trustees' opinion, there are no significant judgements or key sources of estimation uncertainty **.** ## **Funds** General funds represent the funds of the Society that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Society. Funds designated for a particular purpose by the Council are also unrestricted. ## **Incoming Resources** Donations and legacies are accounted for when the Society is assured of their receipt Subscription and related income is accounted for on an accruals basis as far as it is prudent to do so. Income includes income tax recoverable to the extent that a claim has been agreed with H M Revenue and Customs. Life subscriptions are brought to credit in full as income of the year in which the life membership is granted. The Council consider this policy to reflect the nature of the fund raising and method of operation of the Society. The Society receives the benefit of work carried out by volunteers, and in exchange for providing access to the Society’s valuable library collection the Society’s library is located free of charge at an appropriate academic institution. The Society also receives the use of facilities and equipment without charge. No value is placed on these items in the accounts. ## **Resources expended** Expenditure for generating funds, charitable activities and governance are included when a constructive obligation arises and includes VAT which cannot be recovered. ## **Costs of managing and administering the charity** These represent costs incurred for administration and secretarial activities including office materials, postage, insurance and lecture expenses. ## **Charitable activities** Charitable activities are all the resources expended by the charity that are directed at the achievement of its charitable aims and objectives. Support costs are separated and these are costs incurred to enable the charitable activities to take place. 7 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** **Notes to the Accounts for the year ended 31[st] December 2022 (cont'd)** ## **1. Accounting policies (cont’d)** ## **Foreign currencies** Transactions in foreign currencies are translated at an average rate for the year. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end. Transfers between Irish and British accounts are recorded at the actual rate of exchange. ## **Tangible Fixed Assets** No value is placed on the library in these accounts as it is considered to be a heritage asset held on a permanent basis. Charities are not required to recognise heritage assets on the balance sheet if cost or valuation is not available, and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and the Charity. It is located with the Special Collections library of University College London currently located with the National Archive and is insured by University College London. All other items above £100 are included at cost and are depreciated on a straight-line basis at the following rates: Fixtures, Fittings and Equipment - over 4 years ## **Investments** Investments are shown at market value as determined by independent advisors, any unrealised gain or loss being shown in the Society’s fund. The net gains and losses arising on revaluation and disposals during the year are included in the Statement of Financial Activities. ## **Stocks** No value is placed on stocks; costs are normally written off when incurred, and income is brought into credit when received. ## **Measurement of financial instruments** The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. The charity's financial assets and liabilities all qualify as basic financial instruments that are initially recognised at transaction value. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets, which include debtors, are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## **2. Donations** |**nations**||| |---|---|---| |Donations
Legacies|2022
£
455
4,000
4,455|2021
£
40,101
24,814| |||64,915| 8 ## **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** ## **Notes to the Accounts for the year ended 31[st] December 2022 (cont'd)** ## **3. Other trading activities** |**Income**
Sales of publications
Sales of ties and badges
Sales of Compact Discs
Other sales
Other activities and trips/functions
Total Other Income
**Expenditure**
Cost of sales for books
Costs of other activities and functions
Total Other Expenditure (see note 6)
Net surplus from other income & expenditure
**4. Investment income**
Deposit interest
Fixed interest
Dividends receivable
**5. Subscriptions and Fees**
Fellows
Libraries
Life fellows
Gift Aid tax recoveries received|£
747
598
928
169
23,345|2022
£
25,787
23,294
2,493
2022
£
57
5,296
30,116
35,469
2022
£
27,572
4,236
400
32,208
14,303
46,511|2021
£
£
2,499
346
476
293
1,684
5,298
818
1,235
2,053
3,245
2021
£
4
5,857
31,123
36,984
2021
£
26,269
3,902
1,842
32,013
4,191
36,204|2021
£
£
2,499
346
476
293
1,684
5,298
818
1,235
2,053
3,245
2021
£
4
5,857
31,123
36,984
2021
£
26,269
3,902
1,842
32,013
4,191
36,204|2021
£
£
2,499
346
476
293
1,684
5,298
818
1,235
2,053
3,245
2021
£
4
5,857
31,123
36,984
2021
£
26,269
3,902
1,842
32,013
4,191
36,204| |---|---|---|---|---|---| ||-
23,294||818
1,235||| ||||||| ||||||3,245| ||||||2021
£
4
5,857
31,123| ||||||36,984| ||||||2021
£
26,269
3,902
1,842| ||||||32,013| ||||||4,191| ||||||36,204| |**6. Charitable expenditure**
**Costs directly allocated to activities**
Publications
Library costs and maintenance
Other expenditure (per note 3)
**Costs carried forward**|Direct
Expenditure
£
9,371
22,820
23,294
55,485|TOTAL
2022
£
9,371
22,820
23,294
55,485|TOTAL
2021
£
8,218
22,707
2,053| |---|---|---|---| ||||32,978| 9 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** **Notes to the Accounts for the year ended 31[st] December 2022 (cont’d)** ## **6. Charitable expenditure (cont’d)** |**Costs brought forward**
**Support costs allocated to activities**
Administration and secretarial
Office materials, postage, insurance and lecture expenses
Gifts and Donations
(Profit)/Loss on foreign currency translation
Printing and stationery
Independent examination and accountancy fees
Bank charges
Depreciation of fixed assets
**Total resources expended**
**Expenditure is stated after charging:**
Independent examiner’s remuneration (incl. VAT):
As examiners
Other fees relating to accountancy|Direct
Expenditure
£
55,485
17,180
8,051
11,389
(1,197)
649
2,850
864
169
95,440|TOTAL
2022
£
55,485
17,180
8,051
11,389
(1,197)
649
2,850
864
169
95,440
£
985
1,865|TOTAL
2021
£
32,978
15,860
7,316
136
850
458
2,610
893
-| |---|---|---|---| ||||61,101| ||||£
900
1,710| ## **7. Tangible Fixed Assets** |Cost
At 1stJanuary 2022
Additions
At 31stDecember 2022
Depreciation
At 1stJanuary 2022
Charge for the year
At 31stDecember 2022
Net Book Value
At 31stDecember 2022
At 31stDecember 2021
**nvestments**
Market value at 1 January 2021
Acquisitions at cost
Sales proceeds from disposals
Gain/loss in the year|Fixtures,
Fittings &
Equipment
£
2,125
458
2,583
2,125
169
2,294
459
-
2022
£
1,401,011
286,653
(263,318)
(207,347)
1,216,999|Total| |---|---|---| |||£
2,125
458| |||2,583| |||2,125
169| |||2,294| |||459| |||-| |||2021
£
1,288,526
390,665
(390,285)
112,105| |||1,401,011| ## **8. Investments** 10 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** **Notes to the Accounts for the year ended 31[st] December 2022 (cont'd)** ## **8. Investments (cont’d)** |Listed Non-UK Equities
Listed UK Equities|2022
£
401,037
815,962
1,216,999|2021
£
404,158
996,853| |---|---|---| |||1,401,011| Investments are included at market value at the balance sheet date. The original cost of the listed investments was £1,074,880 (2021: £1,049,937). ## **9. Debtors: amounts falling due within one year** |Prepayments
**reditors: amounts falling due within one year**
Subscriptions received in advance
Expense and other creditors
Accrued expenses|2022
£
2,845
2022
£
1,039
2,836
4,687
8,562|2021
£
2,415| |---|---|---| |||2021
£
1,705
1,733
3,660| |||7,098| ## **10. Creditors: amounts falling due within one year** ## **11. Movement in funds 2022** |Incoming resources
Resources used
Realised gains/(losses) on investment assets
Unrealised gains/(losses) on investment
assets
Net movement of funds
Balances brought forward
Balances carried forward|General
Fund
Library
Fund
TOTAL
2021
£
£
£
112,222
-
112,222
(106,984)
(76)
(107,060)
(38,035)
-
(38,035)
(169,312)
-
(169,312)| |---|---| ||(202,109)
(76)
(202,185)
1,487,943
76
1,488,019| ||1,285,834
-
1,285,834| 11 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** **Notes to the Accounts for the year ended 31[st] December 2022 (cont'd)** ## **11. Movement in funds 2022 (cont’d)** ## **Comparatives for movement in funds** |Incoming resources
Resources used
Realised gains/(losses) on investment assets
Unrealised gains/(losses) on investment
assets
Net movement of funds
Balances brought forward
Balances carried forward|General
Fund
Library
Fund
TOTAL
2020
£
£
£
143,401
-
143,401
(72,481)
(883)
(73,364)
7,813
-
7,813
104,292
-
104,292| |---|---| ||183,025
(883)
182,142
1,304,918
959
1,305,877| ||1,487,943
76
1,488,019| ## **A current year 12 months and prior year 12 months combined net movement in funds** |Incoming resources
Resources used
Realised gains/(losses) on investment assets
Unrealised gains/(losses) on investment
assets
Net movement of funds
Balances brought forward
Balances carried forward|General
Fund
Library
Fund
TOTAL
(24 Months)
£
£
£
255,623
-
255,623
(179,465)
(959)
(180,424)
(30,222)
-
(30,222)
(65,020)
-
(65,020)| |---|---| ||(19,084)
(959)
(20,043)
1,304,918
959
1,305,877| ||1,285,834
-
1,285,834| ## **12. Analysis of net assets between funds** |General Fund
Total Net Assets/Funds|Tangible
Fixed
Assets
Investments
Current
Assets/
(Liabilities)
2022
Total
£
£
£
£
459
1,216,999
68,376
1,285,834| |---|---| ||459
1,216,999
68,376
1,285,834| ## **13. Commitments and contingent liabilities** There were no commitments or contingent liabilities not already provided for in these accounts. 12 **THE HUGUENOT SOCIETY OF GREAT BRITAIN AND IRELAND** **Notes to the Accounts for the year ended 31[st] December 2022 (cont'd)** ## **14. Trustee remuneration and benefits** None of the trustees or persons connected with the charity have received any remuneration or received any other benefits either this year or last year. ## **15. Trustee expenses** The charity does not make any round sum expense allowances to the trustees. ## **16. Staff costs and emoluments** The Society employs one librarian on a part time basis. Staff costs for the financial year totalled £21,927 (2021: £21,408). There were no employees or staff who received employee benefits of more than £60,000. ## **17. Related party transactions** There have been no related party transactions with related parties that require disclosure in the accounts either this year or last year. 13