REGISTERED CHARITY NUMBER: 229524
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2024
for
The Bibliographical Society
Thornton Springer LLP Chartered Accountants
67 Westow Street London SE19 3RW
The Bibliographical Society
Contents of the Financial Statements for the Year Ended 31 December 2024
| 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 | 16 |
| Detailed Statement of Financial Activities | 17 | to | 18 |
The Bibliographical Society
Report of the Trustees
for the Year Ended 31 December 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Society are to promote and encourage bibliographical studies, and in particular:
-
a) to print and publish works concerned with bibliography;
-
b) to maintain a bibliographical library;
-
c) to hold meetings at which papers are read and discussed;
-
d) to support bibliographical research by awarding grants and bursaries.
Public benefit
The Trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. The public benefit of the Charity's activities are outlined under 'Objectives and Activities' and 'Achievements and Performance' within this report.
Grantmaking
The Society invites applications for awards from scholars engaged in bibliographical research (on, for example, book history, textual transmission, publishing, printing, bookbinding, book-ownership and book-collecting). The Society hopes to make awards both for immediate research needs, such as for microfilms or travelling expenses, and for longer-term support, for example to assist with prolonged visits to libraries and archives.
ACHIEVEMENT AND PERFORMANCE Charitable activities
Review of the year 2024
The Society has continued to meet its aims and charitable objectives throughout the year 2024. More specifically, the Society has:
-
offered a full season of lectures as well as additional events on bibliographical subjects, open to members and their guests; all lectures and most additional events are now delivered in a hybrid format in person and online, increasing the Society's reach worldwide;
-
where possible, recordings of the Society's lectures and additional events are made available via the Society's YouTube channel, further increasing the Society's reach worldwide;
-
arranged a virtual winter visit to the Genizah Research Unit at Cambridge University Library;
-
arranged a summer visit to the Brotherton Library in Leeds;
-
published The Library, the Society's quarterly journal, according to plan and in both print and electronic media;
-
made progress on future publications, in both print and e-format;
-
awarded a number of research grants;
-
continued to support the London Book Trade database and the British Book Trade Index database on a common portal with the Bodleian Library;
-
maintained its archive on deposit at the Bodleian Library, Oxford, where it is available for consultation, with the listing of its contents available on the Society's and the Bodleian's websites;
-
maintained its library at the Albert Sloman Library at the University of Essex;
-
monitored libraries "at risk" and made representations as appropriate;
-
seen its investments fluctuate in line with general stock market trends;
-
renewed its drive to attract gifts and legacies to support the Society's work.
The Society maintains a healthy balance in its general purposes fund in order to withstand unexpected downturns and to sponsor specific future projects which will be presented to Council for consideration in the coming years.
Page 1
The Bibliographical Society
Report of the Trustees
for the Year Ended 31 December 2024
FINANCIAL REVIEW
Investment policy and objectives
The Charity’s investment objective is to protect, in so far as is reasonable and with the avoidance of undue risk, the real value of the Charity’s capital and income after allowance for inflation.
Reserves policy
Over the medium term it is the Trustees' intention to spend annual income while maintaining the real value of the General Fund.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Society is regulated by the Charity Commissioners for England and Wales under a revised Trust Deed dated 18 April 1929.
Recruitment and appointment of new trustees
New Trustees are usually known to and recommended by existing Trustees. Their selection will be based on their experience, qualifications and skills.
Organisational structure
The Society operates primarily through the Council, the members of which are elected at each Annual General Meeting of the Society’s members. The principal officers are the President, Secretary, Treasurer, Librarian and the editors of The Library and of Monographs.
At present the Society has no salaried employees.
Council has appointed a number of subcommittees to assist in various areas:
Finance & General Purposes
Fellowships & Bursaries Publications Medal Outreach Libraries at risk
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
229524
Principal address
c/o Institute of English Studies Room 304, Senate House Malet Street London WC1E 7HU
Page 2
The Bibliographical Society
Report of the Trustees
for the Year Ended 31 December 2024
Trustees
S Beattie (resigned 8.10.24) N Bell (President -from 8.10.2024) A Bianchi J P Croft L G Evans (appointed 8.10.24) M Ford A Franklin D Green K Limper-Herz (Secretary) R Linenthal (President - to 8.10.24) D Macfarlane S Panayotova (appointed 8.10.24) M Payne (Treasurer) D Pearson W Poole E Potten J Raven G Sewell J Simpson (resigned 8.10.24) L Sims J Walworth J Willoughby
Independent Examiner
Thornton Springer LLP Chartered Accountants 67 Westow Street London SE19 3RW Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... K Limper-Herz (Secretary) - Trustee
Page 3
Independent Examiner's Report to the Trustees of The Bibliographical Society
Independent examiner's report to the trustees of The Bibliographical Society
I report to the charity trustees on my examination of the accounts of The Bibliographical Society (the Trust) for the year ended 31 December 2024.
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 Act and in carrying out my examination I have followed all 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
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.
S B Ison FCCA
Thornton Springer LLP Chartered Accountants 67 Westow Street London SE19 3RW
Date: .............................................
Page 4
The Bibliographical Society
Statement of Financial Activities
for the Year Ended 31 December 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Other The Library Other trading activities 2 Investment income 3 Total EXPENDITURE ON Charitable activities Other Grants & awards Publishing The Library Total Net gains on investments NET INCOME Transfers between funds 13 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ - - 104,300 24,051 23,155 151,506 25,624 20,898 5,258 92,960 144,740 23,205 29,971 - 29,971 558,758 588,729 |
Restricted funds £ - - - - 210 210 - - - - - 211 421 16,000 16,421 150,397 166,818 |
Endowment fund £ - - - - 23,322 23,322 - - - - - 23,517 46,839 (16,000) 30,839 712,230 743,069 |
31.12.24 Total funds £ - - 104,300 24,051 46,687 175,038 25,624 20,898 5,258 92,960 144,740 46,933 77,231 - 77,231 1,421,385 1,498,616 |
31.12.23 Total funds £ 1,077 8 104,072 17,260 44,303 |
|---|---|---|---|---|---|
| 166,720 | |||||
| 38,189 23,840 900 92,096 |
|||||
| 155,025 | |||||
| 30,192 | |||||
| 41,887 - |
|||||
| 41,887 1,379,498 |
|||||
| 1,421,385 |
The notes form part of these financial statements
Page 5
The Bibliographical Society
Balance Sheet
31 December 2024
| Notes FIXED ASSETS Heritage assets 6 Investments 7 CURRENT ASSETS Stocks 8 Debtors 9 Cash at bank 10 CREDITORS Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 12 NET ASSETS FUNDS 13 Unrestricted funds Restricted funds Endowment funds TOTAL FUNDS |
Unrestricted fund £ 20,000 360,587 380,587 4,000 104,837 143,385 252,222 (39,025) 213,197 593,784 (5,055) 588,729 |
Restricted funds £ - 166,818 166,818 - - - - - - 166,818 - 166,818 |
Endowment fund £ - 743,069 743,069 - - - - - - 743,069 - 743,069 |
31.12.24 Total funds £ 20,000 1,270,474 1,290,474 4,000 104,837 143,385 252,222 (39,025) 213,197 1,503,671 (5,055) 1,498,616 588,729 166,818 743,069 1,498,616 |
31.12.23 Total funds £ 20,000 1,126,918 |
|---|---|---|---|---|---|
| 1,146,918 4,000 103,117 210,656 |
|||||
| 317,773 (38,251) |
|||||
| 279,522 | |||||
| 1,426,440 (5,055) |
|||||
| 1,421,385 | |||||
| 558,758 150,397 712,230 |
|||||
| 1,421,385 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. M Payne (Treasurer) - Trustee
The notes form part of these financial statements
Page 6
The Bibliographical Society
Notes to the Financial Statements for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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 resources.
Grants are made mainly to individuals for bibliographical research. The availability of awards is advertised and applications are considered by the Fellowships & Bursaries Subcommittee.
Provision is made in the accounts for grants committed but unpaid at the end of the year where a constructive obligation has been created.
Allocation and apportionment of costs
Since the vast majority of support costs relate to the charitable activities, no apportionment is made to other headings in the financial statements.
Heritage assets
The Society’s library is identified as a heritage asset. It is not regarded primarily as an investment; it is included in the Balance Sheet at a value estimated by the trustees. The library is stored at the University of Essex. No record exists of the historical cost of the library.
Stocks
In view of the small quantity of stock of completed publications and publications in the course of preparation, the value, based at the lower of estimated cost and net realisable value, has been estimated by the trustees.
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.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 7
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES - continued
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Life membership
Life membership subscriptions are credited to subscriptions over a period of 20 years. The deferred income in respect of life members is shown on the Balance Sheet.
2. OTHER TRADING ACTIVITIES
3.
| 31.12.24 | 31.12.23 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | funds | funds | funds | |||
| £ | £ | £ | £ | £ | |||
| Subscriptions | 24,051 | - | - | 24,051 | 17,260 | ||
| INVESTMENT INCOME | |||||||
| 31.12.24 | 31.12.23 | ||||||
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | funds | funds | funds | |||
| £ | £ | £ | £ | £ | |||
| Deposit account interest | 143 | - | - | 143 | 139 | ||
| Curr asset inv income | 23,012 | 210 | 23,322 | 46,544 | 44,164 | ||
| 23,155 | 210 | 23,322 | 46,687 | 44,303 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
Included in expenses of meetings are payments totalling £1,524 (2023 £864) made to Council Members in reimbursement of travelling expenses
continued...
Page 8
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
| 5. COMPARATIVES FOR THE STATEMENT OF INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Other The Library Other trading activities Investment income Total EXPENDITURE ON Charitable activities Other Grants & awards Publishing The Library Total Net gains on investments NET INCOME Transfers between funds Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ 1,077 - 8 - 104,072 - 17,260 - 25,298 194 147,715 194 38,189 - 23,840 - 900 - 92,096 - 155,025 - 17,199 134 9,889 328 - (93,000) 9,889 (92,672) 548,869 243,069 558,758 150,397 |
Endowment fund £ - - - - 18,811 18,811 - - - - - 12,859 31,670 93,000 124,670 587,560 712,230 |
Total funds £ 1,077 8 104,072 17,260 44,303 |
|---|---|---|---|
| 166,720 | |||
| 38,189 23,840 900 92,096 |
|||
| 155,025 | |||
| 30,192 | |||
| 41,887 - |
|||
| 41,887 1,379,498 |
|||
| 1,421,385 |
continued...
Page 9
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
6. HERITAGE ASSETS
| MARKET VALUE At 1 January 2024 and 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 |
Total £ 20,000 |
|---|---|
| 20,000 | |
| 20,000 |
To comply with the Charities SORP requirements, the Society’s library is recognised as a heritage asset on the Balance Sheet.
7. FIXED ASSET INVESTMENTS
| MARKET VALUE At 1 January 2024 Additions Disposals Revaluations At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 |
Listed investments £ 1,126,918 100,001 (3,378) 46,933 1,270,474 1,270,474 1,126,918 |
|---|---|
| 2024 | 2024 | 2023 | |||||
|---|---|---|---|---|---|---|---|
| Common Investment Funds | Cost | Market value |
Cost | Marketvalue 1,118,017 5,021 3,880 £1,226,142 |
|||
| Charity Multi-Asset Fund | 1,216,377 | 1,261,371 | 1,119,736 | ||||
| COIF Charities Investment Fund | |||||||
| General Purposes Fund | 305 | 5,134 | 305 | ||||
| Graham Pollard Memorial Fund | 1,000 | 3,967 | 1,000 | ||||
| £1,217,682 | £1,270,473 | £1,124,430 | |||||
There were no investment assets outside the UK.
| Movement in year: | 2024 | 2023 |
|---|---|---|
Market value at 1 January |
1,126,917 | 1,100,036 |
| Additions | 100,000 | - |
| Disposals | (3,378) | (3,389) |
| Unrealised gain/(loss) | 46,933 | 30,270 |
| Market value at 31 December | £1,240,472 | £1,126,917 |
continued...
Page 10
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
7. FIXED ASSET INVESTMENTS - continued
Investments are stated at market value.
Unrealised gains or losses on revaluing investments are taken to the Statement of Financial Activities. Realised gains or losses on disposal of investments are also shown in the Statement of Financial Activities.
8. STOCKS
| Stocks 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Sale of publications VAT recoverable 10. CASH AT BANK Bank deposit account Bank current account Key Bank account -American Friends First Interstate Bank Paypal Cazenove Total |
31.12.24 £ 4,000 31.12.24 £ 104,300 537 104,837 31.12.24 Total funds £ 10,029 120,544 2,626 674 6,897 2,615 143,385 |
31.12.23 £ 4,000 31.12.23 £ 104,072 (955) 103,117 31.12.23 Total funds £ 9,886 191,114 2,626 475 4,189 2,366 210,656 |
||
|---|---|---|---|---|
continued...
Page 11
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
| 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Advance subscriptions Accruals and deferred income 12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Deferred income - life members 13. MOVEMENT IN FUNDS Net movement At 1.1.24 in funds £ £ Unrestricted funds General fund 558,758 29,971 Restricted funds Randeria Fund 6,035 397 Graham Pollard Memorial Fund 362 24 Future Publications 144,000 - 150,397 421 Endowment funds Permanent Endowment 712,230 46,839 TOTAL FUNDS 1,421,385 77,231 |
31.12.24 £ 1,322 37,703 39,025 31.12.24 £ 5,055 Transfers between funds £ - - - 16,000 16,000 (16,000) - |
31.12.23 £ 424 37,827 38,251 31.12.23 £ 5,055 At 31.12.24 £ 588,729 6,432 386 160,000 |
|---|---|---|
| 166,818 743,069 |
||
| 1,498,616 |
continued...
Page 12
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Resources | Gains and | Movement | |
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 151,506 | (144,740) | 23,205 | 29,971 | |
| Restricted funds | |||||
| Randeria Fund | 198 | - | 199 | 397 | |
| Graham Pollard Memorial Fund | 12 | - | 12 | 24 | |
| 210 | - | 211 | 421 | ||
| Endowment funds | |||||
| Permanent Endowment | 23,322 | - | 23,517 | 46,839 | |
| TOTAL FUNDS | 175,038 | (144,740) | 46,933 | 77,231 | |
| Comparatives for movement in funds | |||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.23 | in funds | funds | 31.12.23 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 548,869 | 9,889 | - | 558,758 | |
| Restricted funds | |||||
| Randeria Fund | 5,726 | 309 | - | 6,035 | |
| Graham Pollard Memorial Fund | 343 | 19 | - | 362 | |
| Future Publications | 237,000 | - | (93,000) | 144,000 | |
| 243,069 | 328 | (93,000) | 150,397 | ||
| Endowment funds | |||||
| Permanent Endowment | 587,560 | 31,670 | 93,000 | 712,230 | |
| TOTAL FUNDS | 1,379,498 | 41,887 | - | 1,421,385 |
continued...
Page 13
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Randeria Fund Graham Pollard Memorial Fund Endowment funds Permanent Endowment TOTAL FUNDS |
Incoming resources £ 147,715 183 11 194 18,811 166,720 |
Resources expended £ (155,025) - - - - (155,025) |
Gains and Movement losses in funds £ £ 17,199 9,889 126 309 8 19 134 328 12,859 31,670 30,192 41,887 |
Gains and Movement losses in funds £ £ 17,199 9,889 126 309 8 19 134 328 12,859 31,670 30,192 41,887 |
|---|---|---|---|---|
| 328 31,670 |
||||
| 41,887 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Randeria Fund Graham Pollard Memorial Fund Future Publications Endowment funds Permanent Endowment TOTAL FUNDS |
At 1.1.23 £ 548,869 5,726 343 237,000 243,069 587,560 1,379,498 |
Net movement in funds £ 39,860 706 43 - 749 78,509 119,118 |
Transfers between funds £ - - - (77,000) (77,000) 77,000 - |
At 31.12.24 £ 588,729 6,432 386 160,000 |
|---|---|---|---|---|
| 166,818 743,069 |
||||
| 1,498,616 |
continued...
Page 14
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Randeria Fund Graham Pollard Memorial Fund Endowment funds Permanent Endowment TOTAL FUNDS |
Incoming resources £ 299,221 381 23 404 42,133 341,758 |
Resources expended £ (299,765) - - - - (299,765) |
Gains and Movement losses in funds £ £ 40,404 39,860 325 706 20 43 345 749 36,376 78,509 77,125 119,118 |
Gains and Movement losses in funds £ £ 40,404 39,860 325 706 20 43 345 749 36,376 78,509 77,125 119,118 |
|---|---|---|---|---|
| 749 78,509 |
||||
| 119,118 |
The objects and purposes of the various funds are as follows:
Permanent Endowment Fund
To support bibliographical research and publications.
Designated Funds which have been set aside for specific purposes:
Randeria Fund To fund an annual lecture.
Graham Pollard Memorial Fund
To fund an annual lecture in memory of Graham Pollard.
Future Publications Fund
To fund commitments to future publications:
| Future Publications Fund To fund commitments to future publications: |
||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Coppens, 15th and 16th century Printers' and Booksellers' Catalogues | 16,000 | 16,000 |
| Gadd, Stationers' Company Liber A | 16,000 | 16,000 |
| Lazarus, Alexander Nowell | 16,000 | 16,000 |
| McKay, Shorthand Books | 16,000 | 16,000 |
| Roberts, Herbert of Cherbury | 16,000 | 16,000 |
| Myrone, Prints and Drawings at the British Library: A Handlist | 16,000 | 16,000 |
| Unallocated | 64,000 | 48,000 |
| 160,000 | 144,000 | |
Transfers between funds
Each year a transfer is made from the Endowment Fund towards future publications costs.
Page 15
continued...
The Bibliographical Society
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 16
The Bibliographical Society
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2024 | ||
| 31.12.24 | 31.12.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | - | 1,077 |
| Other trading activities | ||
| Subscriptions | 24,051 | 17,260 |
| Investment income | ||
| Deposit account interest | 143 | 139 |
| Curr asset inv income | 46,544 | 44,164 |
| 46,687 | 44,303 | |
| Charitable activities | ||
| Sales of "The Library" | 104,300 | 104,072 |
| Advertising revenue | - | 8 |
| 104,300 | 104,080 | |
| Total incoming resources | 175,038 | 166,720 |
| EXPENDITURE | ||
| Charitable activities | ||
| Lectures & meetings | 150 | 1,546 |
| Printing costs -other publications | 4,508 | 900 |
| Commission on sales of "The Library" | 26,075 | 26,018 |
| Printing costs -"The Library" | 29,347 | 34,386 |
| Post & storage -"The Library" | 37,538 | 31,692 |
| Grants to individuals | 20,898 | 23,840 |
| 118,516 | 118,382 | |
| Support costs | ||
| Management | ||
| Clerical assistance & office space | 8,238 | 17,722 |
| Finance | ||
| Insurance | 631 | - |
| Postage and stationery | 17 | 153 |
| Sundries | 2,811 | 3,427 |
| Bank & Paypal charges | 813 | 463 |
| IT & website expenses | 281 | 1,207 |
| Carried forward | 4,553 | 5,250 |
This page does not form part of the statutory financial statements
Page 17
The Bibliographical Society
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2024 | ||
| 31.12.24 | 31.12.23 | |
| £ | £ | |
| Finance | ||
| Brought forward | 4,553 | 5,250 |
| Exchange difference | (8) | (670) |
| 4,545 | 4,580 | |
| Governance costs | ||
| Council & committee Meeting and members list | 8,441 | 9,341 |
| Accountancy and legal fees | 5,000 | 5,000 |
| 13,441 | 14,341 | |
| Total resources expended | 144,740 | 155,025 |
| Net income before gains and losses | 30,298 | 11,695 |
| Realised recognised gains and losses | ||
| Realised gains/(losses) on fixed asset investments | 18 | (78) |
| Net income | 30,316 | 11,617 |
This page does not form part of the statutory financial statements
Page 18