Rnances
Accounts for the year to 31 December 2024 are enclosed.
There was a modest surplus of income over expenditure, desp5te a significant increase in expenses.
particularly for the Annual Open Exhibition and in Admin costs, including printin& postage and an
upgrade of the web-site. The Open had an extended run but VMS largely 5UPPOrted by part of the
grant from the Heritage Lottery Fund. The Anna Airy Awards were again generously sponsored by
the The Arts Societies of South-East Suffolk and Woodbridge.
Mernber5hip number5 and Subscriptions received are increasing steadily. and sales of the 150
th
Anniversary book went a good way towards covering costs. Art.wDrk sales at the Open and Small
Works exhibitions were at about the same level as in 2023.
Apart from the Open, the 8rant from Heritsge Lottery Find was used for additional events and
activities wlthin the Art at the Heart pro8rarnme. These will be accounted for separately for the
period ended 28 February 2025, when the grant expires.
The stète of the SocieVs finance5 is satisfactory. with adequate fund5 in re5er¥e, but there are
ncems about the impact that rising costs will have for the current year and beyond.
Annual subscrlptlons for 2025 became due on l January and are unthanged at £25 for Members
and £15 for Frlends. Payment can be made by on41ne transfer to the Soderfs account at: sort
code 53-61.24 number 71334432, or by cheque Ipayable to Ipswlch Art Sodety) to th• Tr•asw•r
al 89 Bucklesham Road, Ipswlch, IP3 8Tf. Thank you. If you wlll not be renewln8 your membershlp
thls ye•r, It would be helplul If you could let us know, please.
Chris Edmondson (Hon. Treasurerl
Finances reportfvrmorch 2025 newsletter.

CHARITY COMMISSION
FOR ETr￿LAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examtner's Report
Report to the trustees
Ipswich Art Society
On accounts for the year
end•d
3111212024
Charity no
{if any)
219257
Set out on pagos
Sections A and B
I report to the Iruslees on my examination of the accounts of the above
chanty {"the Trust-) for the year ended 3111212024.
As the charity's trustees, you are ￿sponSible for the preparation of the
accounts In accordance with the requirements of the Charities Act 2011
{"the Act")
Ro8pon8ibilitles and
basls of roport
I report in ￿spect 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{5llb) of the Act.
Independent I have completed my examination. I confim that no material matters have
examlner'8 statsment come lo my attention (other than that disclosed below "l in connection with
the examination which gives me cause to believe that in, any material
spect.
accounts'ng records were nol kept in accordance wrth section 130 of the
Act or
the accounts do not accord with the accounting records
I have no concems and have Come across no other matters in connection
with the examination to vthich attention should tre drawn
Signed:
Date:
1910912025
Name:
Alistair Porter FMA4T AATQB
Relevant professlonal
qualification{sl or body
Ilf any):
Association of Accounting Technicians (A4n
Address:
9 Byford Court. Crockatt Road
Hadleigh. Suffolk
IP7 6RD

Section B
Disclosure
Only complele Il the examiner needs lo highl.'ghl maleiial matters ol Gon￿rn
(see CC32. Independenl examination of charity accounts.. directions and
guidan￿ fof examiners).
Give here brief detsils of
any Items that the
examiner wishes to
disclose.
None

CHARITY COMMISSION
FOR ENfjLAND ANO WALES
Ipswch Art Socloty
2192S7
Receipts and payments accounts
CC16a
For the period
from
0110112024
3111212024
To
Section A Receipts and payments
Unmtrict•d
lund•
Restrfcted
funds
Endowment
funds
Tot•1 fund•
Lajt yoar
10 il• M41•4t£
to th• n•amtE
toth• nMr•si E
Al Rec•1 ts
subsJwli￿j
Gift Aid
Donat
Annual Open Eyhibbon
Sm411 Wcrfks Exthtsuon
na AryAw8ffj Exhthl
IS￿h Anniv•ryary PAX
Book Sale5
Othtrr Incoffle
ril
Lottery Grn
Bank Account Iniwo61
3.782
549
220
1782
$07
&331
670
3,570
5,762
1,832
13
67.964
231
Sub total(Gross income for
AR)
17,1¢3
.196
.178
15.
A2 Auet and Inv••lm•nt Ml••.
(See tsblel.
Sub ￿tal
17.683
.196
15.600
A3Pa
ment¥
Adminijiraiion
Annual OLW Exhibli
Smèii Works Exhibti
Ann8 A*trd
3.423
2.202
4,0
S,426
1,407
1.371
472
472
1501h Anni¥￿S￿ry Boo
Primwry S￿h￿ Emhitth
Meeiinfj$ and Sw•1 E¥wts
Lottary Gr•ni
J50
58.127
SQ127
Sub total
17,$2S
73.652
14.X)1
A4 A•••t •nd InTmtment
ureha#￿.
#ee t¥blg
Sub total
17.525
$8,127
n,652
14,301
Net of rn¢olpW(wyments)
A5 Tran8lerJ bet￿n fund•
A6 Calh lund8 I¥BI year end
Cash funds thls y￿r end
12.IM8
12.226
1.U7
10.423
10.581
10.423
22.649
12.068
1,367
CCXX R18cu)unts Issi

Section B Statement of assets and liabilities at the end of the period
Unrestricted
fund•
to E
Restricted
fundj
End(>wment
funds
to n•ar4•t£
¢ategorle•
Oetsils
81 Ca•h fvnd*
-4432
141•
2178
12.088
Total cash funds
10,581
12,068
OK
Unrn•trlct•d
lund8
to nmrvthi £
Re•tricted
lund•
to n•ar•si £
Endowment
fund•
D•iall•
lo n•JroJt É
Ful￿
D•tsii•
Cw Iooion•ll
B3 InvMtm•nt ••••l•
Fund io*thI
Curr•Tht v4lu•
D•t*ll•
CoBt lo￿￿•
B4 A•••l• r•tsln•d for th•
ch#rbty'# own u#•
Fvnd to *tri¢h
wh•n
85 Llabllltl
Signod by onts or tru$*•s ort
behaff ol 811 the IN8tee8
SvJn8tur*
Print Nam•
Dale of
roval
Chris Edmondstsn
1910912025
CCKX R2 account5 ISSI
1910912025