**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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the 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 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