## **THE HERALDRY SOCIETY** ## **ANNUAL REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS** **YEAR ENDING 31 MARCH 2023** www.theheraldrysociety.com ## **THE PRESIDENT AND THE VICE-PRESIDENTS OF THE SOCIETY** ## **The President** His Grace the Duke of Norfolk ## Honorary Vice Presidents The following are deemed to hold this office by virtue of their title or position: The Lord High Constable of Scotland, the Earl of Erroll The Lord Lyon, the Revd Canon Dr Joseph J. Morrow CBE QC DL LLD The Chief Herald of Canada, Dr Samy Khalid PhD Garter King of Arms, Mr David V White MA Hon FHS Clarenceux King of Arms, Mr Timothy Duke MA FSA Norroy and Ulster King of Arms, Mr Robert Noel, MA MPhil The Master of the Worshipful Company of Scriveners The Master of the Worshipful Company of Painter-Stainers The Master of the Worshipful Company of Glaziers His Grace the Duke of Westminster Harry Scrope, Esq, as head of the house of Scrope The Right Reverend the Dean of Windsor ## Elected Vice Presidents Dr Adrian Ailes PhD FSA FHS AIH Mr David Hubber Hon FHS Mr Melvyn Jeremiah CB Hon FHS Mr Keith Lovell, FHS Mr David V White MA Hon FHS, Garter King of Arms **THE HERALDRY SOCIETY** ## **CONTENTS** |Report of the Trustees|2 – 6| |---|---| |Report of the Independent Examiner|7| |Statement of Financial Activities|8| |Balance Sheet|9 – 10| |Notes to the Financial Statements|11 – 16| |Brief Biographies of the Trustees and Other Volunteer Officers|17 – 18| ## **REFERENCE DETAILS** **Charity Registration Number Company Registration Number** 241456 00572778 England & Wales **Registered office (correspondence address)** 53 Hitchin Street, Baldock, Hertfordshire, SG7 6AQ ## **Website** www.theheraldrysociety.com The Society does not have a central office. Trustees and other volunteers work from home. **Secretary** John J Tunesi of Liongam **Independent Examiner** Elizabeth Wicks ACA WMT – Chartered Accountants 4 Beaconsfield Road, St Albans, AL1 3RD ## **The Society’s principal bank accounts are maintained at:** CAF Bank Ltd 25 Kings Hill Avenue West Malling, Kent, ME19 4JQ Lloyds Bank plc 1 Bircherley Street Hertford, SG14 1BU 1 **THE HERALDRY SOCIETY** ## **REPORT OF THE TRUSTEES** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Constitution** The Society is a Company limited by guarantee governed by its Memorandum and Articles of Association (last amended November 2022) and is a registered charity. The Council of the Society is the board of directors of the company and the board of Trustees of the charity. For brevity and clarity throughout this report, except where it is necessary to distinguish, the directors and Trustees are referred to only as the Trustees, and the company and charity is referred to as the Society. ## **Objects and activities** The Society is an educational charity. Its activity for the public benefit is to seek to increase and extend interest in and knowledge of heraldry, armory, chivalry, genealogy and allied subjects. The Trustees have had regard to the Charity Commission’s guidance on public benefit when reviewing aims and objectives and in planning future activities. As an educational charity, the Society maintains an educational website. The Society also publishes a scholarly journal, _The Coat of Arms_ , a regular bulletin, _The Heraldry Gazette,_ and digital libraries under the title _Heraldry Archives_ . The Society arranges lectures, conferences, social functions and visits to places of heraldic interest. ## **Trustees – Members of the Society’s Council** The Council, as the board of Trustees, manages the whole business of the Society. It usually meets formally at least four times in each year and there is frequent other contact and correspondence between Trustees throughout the year. During the reporting year the Council met online via Zoom. The Treasurer and Secretary are appointed by the Council, being ex-officio Trustees if not elected Trustees. Other Trustees are elected at an AGM for three years and may stand for re-election. After nine consecutive years an elected Trustee must stand down for at least one year. All members of the Society are eligible for nomination for election as a Trustee if nominated by two other members of the Society, there being an AGM vote if there are more nominations than vacancies. Trustees are made aware of their charity and company law responsibilities and of the Society’s recent financial performance. The Trustees who served between 1 April 2022 and the date of this report were: |rustees who served between 1 April 2022 and the date of this report were:|rustees who served between 1 April 2022 and the date of this report were:| |---|---| |Elected Council Members and Trustees:|| |Robert Harrison|First elected 13 Nov 2017; Chairman from 20 February 2019.| |Dr Richard Baker|Co-opted 19 Aug 2013. First elected 23 Oct 2013. Served until| ||10 November 2022.| |Jenny Baker|Elected 10 November 2022.| |Graham Bartram|First elected 13 Nov 2017.| |Dewdney Drew|Elected 10 November 2022.| |Peter O’Donoghue|First elected 13 Nov 2017.| |David Phillips|First elected 18 October 2019.| |John Titterton|Co-opted 4 May 2020. Elected 11 November 2020.| |Paul Jagger|Co-opted 10 May 2020. Elected 11 November 2020.| |Martin Davies|Co-opted 6 June 2020. Elected 11 November 2020.| |Anthony Willenbruch|Elected 10 November 2022.| |Ex-officio Council Members and Trustees:|| |John Tunesi of Liongam|Honorary Secretary since 2009.| |Colin Lafferty-Smith|Co-opted 5 August 2020. Honorary Treasurer from 11| ||November 2020.| Trustees are expected to make a practical contribution to the governance, activities and administration of the charity. Those interested in volunteering should contact the Secretary. 2 **THE HERALDRY SOCIETY** ## **EVENTS AND COMMUNICATIONS** Since lockdown restrictions have eased, we have organised a mixture of virtual and in-person lectures throughout the year including: **----- Start of picture text -----**
Date Topic Speaker
Urban Citizens and their Heraldry in
June 2022 Marcus Meer
Late Medieval Germany
Heraldry, Pomp and Power: The Use Duncan
September 2022
of Parliamentary Symbols in Heraldry Sutherland
October 2022 Heralds and Heraldry at Agincourt Anne Curry
A Heraldic Question Time. The panel
included Adrian Ailes, Sir John Baker,
November 2022 Various
Tim Noad, Peter O'Donoghue and
Elizabeth Roads.
Robert
January 2023 King John Assents to Magna Carta
Harrison
The State Funeral of Mary Queen of
February 2023 John Malden
Scots at Peterborough
Badges of the Royal Air Force Air John Tunesi of
March 2023
Cadets Liongam
**----- End of picture text -----**
3 **THE HERALDRY SOCIETY** ## **PUBLICATIONS** We continue to publish _The Coat of Arms_ as an annual full colour publication, which retains its reputation as the premier English-language journal for scholarship in heraldry and related fields. The Honorary Editor is Dr Paul Fox. ## **WEBSITE** The Society’s website (www.theheraldrysociety.com) provides an online shop enabling members and others to buy from our large stock of publications (hardcopy and digital media), second-hand books and merchandise, and to pay on-line. It also provides news and information about the Society’s events. The website also enables new members to join the Society, preferably (if they have a UK bank account) paying by direct debit, and if they are UK taxpayers, with Gift Aid. Members and non-members are encouraged to visit the website. 4 **THE HERALDRY SOCIETY** ## **SOCIAL MEDIA** The Society has an active social media presence on Twitter (@TheHeraldrySoc), Facebook (www.facebook.com/theheraldrysociety and https://www.facebook.com/groups/theheraldrysociety), Instagram (@theheraldrysociety), Pinterest and on Reddit in the r/Heraldry community. ## **EDUCATION** Our two regular publications, _The Coat of Arms_ and _The Heraldry Gazette_ , and our talks and conferences are the cornerstones of our education programme, supported by other occasional publications. The _Heraldry Archive_ provides access to sources for the scholar of heraldry, such as learned journals, essential reference works, heraldic surveys, and conference proceedings. These are published in digital media. From the Image Library online, some 12,000 image files can be downloaded for private study. Our website shows the remainder of the programme. The Heraldry Society also has an extensive research library. A section is at The Society of Antiquaries in London with the majority at The Institute of Heraldic and Genealogical Studies in Canterbury. The Library collection, which comprises books and manuscripts, is available to members and scholars by appointment, and is partly catalogued on our website. New items are being added to the Library regularly and the catalogue will be updated accordingly. In conjunction with the Institute for Heraldry and Genealogical Studies, we have a three-tiered education structure for those who wish to study and matriculate with a certificate. The details have recently been refined by the IHGS Principal Emeritus, Dr Richard Baker, a Heraldry Society Trustee until 10 November 2022. Our Photographic Competition continues to add value, focusing upon heraldry as a source of pleasure and enlightenment. We support and encourage applications from individual and societies seeking grants to support activities aligned to the Society’s areas of interest. Please contact the Secretary for further information. The Council encourages anyone with practical suggestions as to how we could improve our educational work to contact the Secretary. 5 **THE HERALDRY SOCIETY** ## **STATEMENT OF FINANCIAL RESPONSIBILITIES** Charity and company law 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 Society, and of the income and expenditure for that period. In preparing those financial statements, the Trustees are required to: - Select suitable accounting policies and then apply them consistently. - Observe the methods and principles of the Charities SORP. - Make judgements and estimates that are reasonable and prudent. - Follow acceptable accounting standards, subject to any material departures disclosed and explained in the financial statements. - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Society will continue to operate. The Trustees are responsible for keeping proper accounting records, which can disclose with reasonable accuracy at any time the financial position of the Society, and which enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the Society and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **RISKS AND STRATEGY** During the financial year ended 31 March 2021 the Trustees considered the main risks which the Society faces and prepared a Risk Management Policy designed to reduce them where possible and to mitigate their potential effect. The risks identified were largely operational. The Trustees have recently commenced an exercise to refresh the Society’s risk identification and management model. The Trustees seek to ensure that they provide the necessary direction and control and to organise succession. ## **FINANCIAL REVIEW** The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Society’s Memorandum and Articles of Association, the Companies Act 2006 and the Charities SORP (FRS 102), effective January 2019. ## **Results for the year ended 31 March 2023** ## **Key funding sources** The Society’s principal sources of income is membership subscriptions (and associated Gift Aid claimed from HMRC). Further additional income comes from donations, legacies and sales of books and merchandise. ## _Subscription and donation income_ Subscription income, including Gift Aid accrued up to 31 March 2023, was £38,269 (2022: £38,256). ## _Event income and costs_ Since we did not put on any physical lectures in the prior year, our costs associated with (free) events increase significantly compared to prior years. _Surplus for the year_ 6 **THE HERALDRY SOCIETY** The surplus for the year was £11,070 (2022: £14,559). ## _Reserves_ It is the Society’s policy to hold in reserves the equivalent of six months of total expenditure. Based on recent financial performance, that amount is approximately £15,000. Restricted Fund: the Kirby Special Projects Fund is money given by the Kirby family and their Trusts, for projects whose aim is the advancement of heraldry. Given the lack of original documentation it is not clear whether this donation was indeed restricted, but it is treated as such for accounting purposes and so, for the purposes of the reserves policy, the £50,000 is not treated as reserves available for spending. An alternative view could be reached if further information comes to light. Unrestricted Fund: at 31 March 2023 the balance on the General Reserve amounts to £106,568 (2022: £95,498). Council acknowledges that, at present, the Society has reserves above the minimum indicated by our policy and intends to use those funds for our charitable objectives in future periods. ## **Going concern** The financial statements are prepared on the assumption that the charity is a going concern and will continue its operations for the foreseeable future (being at least twelve months). The Society has no significant short, medium or long-term financial commitments. Council has assessed the reserves of the Society and its future financial commitments and expected expenses and concluded that the preparing the financial statements on a going concern basis is reasonable. ## **Insurance** The Society has "Charity and Social Organisation” insurance, which covers the following business and operational risks: material damage to physical property, public liability, libel and slander, financial and administrative liability. ## **Banking** The Society maintains current accounts with CAF Bank and Lloyds Bank and savings accounts with Lloyds and Shawbrook Bank. The CAF Bank account is the Society’s ‘day to day’ account. All expenses paid from the CAF Bank are subject to two ‘signatures’. Since most payments are made by internet banking this happens electronically– they are typically initiated in the online banking system by the Treasurer and approved by the Secretary in the same system. ## **Grants** No grants were made during the financial year. The Society encourage applications from interest parties seeking grant funding to support activities aligned to those of the Society’s charitable aims. ## **Investment policy** The Society does not have a formal investment policy. The Society’s funds are kept in cash. The Society seeks to protect its funds against loss in value through inflation by keeping them in higher interest rate accounts (where available) and seeks to protects its funds from the risk of bank failure by not depositing more than the Financial Services Compensation Scheme limit (currently £85,000) within any single banking group. 7 **THE HERALDRY SOCIETY** ## **INDEPENDENT EXAMINER** Elizabeth Wicks ACA, of WMT Chartered Accountants, is willing to seek reappointment as the independent examiner. The above Report has been prepared in accordance with SORP 2015 and the provisions of Part 15 of the Companies Act 2006 relating to small companies. It represents a Directors Report as required by s417 of the Companies Act 2006. The annual report and financial statements were approved by the Council on 20 November 2023. By Order of the Council J J Tunesi of Liongam, Hon. Secretary 8 **THE HERALDRY SOCIETY** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE HERALDRY SOCIETY** I report to the Trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of The Heraldry Society (‘the charitable company’) for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the Trustees of the charitable company, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the Trustees of the charitable company those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable Company and its Trustees as a body, for my work, for this report, or for the opinions I have formed. ## **Responsibilities and basis of report** As the Trustees of a charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’) and 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. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement. ## **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 charitable company as required by section 386 of the 2006 Act; or - the financial statements do not accord with those records; or - the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a ‘true and fair view which is not a matter considered as part of an independent examination; or - the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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 financial statements to be reached. ## **Elizabeth Wicks ACA** WMT – Chartered Accountants 4 Beaconsfield Rd St Albans Hertfordshire AL1 3RD Date: 20 November 2023 9 ## **THE HERALDRY SOCIETY** ## **Statement of Financial Activities including an Income and Expenditure Account** ## **Year Ended 31 March 2023** **----- Start of picture text -----**
2023 2023 2022 2022
Notes restricted unrestricted 2023 total restricted unrestricted 2022 total
funds funds funds funds
£ £ £ £ £ £
Income
Members’ subscriptions including Gift Aid 38,269 38,269 38,256 38,256
Donations and legacies 742 742 100 100
Lecture sponsorship income 0 0 0 0
Event income 191 191 1,903 1,903
Books, merchandise, advertising and other income 7,328 7,328 3,811 3,811
Interest income 954 869 1,823 260 174 434
Total income 954 47,399 48,353 260 44,244 44,504
Expenditure
Costs of free events 3,932 3,932 803 803
Costs of fundraising events 840 840 2,410 2,410
Printing and posting of publications 3.1 954 15,244 16,198 13,038 13,038
Grants and prizes (800) (800) 260 251 511
Administrative costs 3.2 17,113 17,113 13,183 13,183
Total expenditure 954 36,329 37,283 260 29,685 29,945
Net movement in funds for the year 0 11,070 11,070 0 14,559 14,559
Reconciliation of funds
Funds as at start of period 50,000 95,498 145,498 50,000 80,939 130,939
Funds as at end of period 50,000 106,568 156,568 50,000 95,498 145,498
**----- End of picture text -----**
The “restricted funds” amount above related to the Kirby Fund. All operations are continuing. 10 **THE HERALDRY SOCIETY** ## **Balance Sheet** ## **At 31 March 2023** **----- Start of picture text -----**
31 March 31 March
Notes Account
2023 2022
£ £
Fixed Assets
5 Intangible fixed assets 1,600 2,000
6 Heritage assets 669 1,077
Total Fixed Assets 2,269 3,077
Current Assets
Cash at bank and in hand 175,334 168,865
7 Debtors and prepayments 0 0
Gift Aid receivable 4,288 3,337
Total Current Assets 179,622 172,202
Liabilities
8 Creditors: amounts falling due within one year 25,323 29,781
Net Current Assets (Liabilities) 154,299 142,421
Total Assets less Current Liabilities 156,568 145,498
Net Assets 156,568 145,498
Funds
General fund 106,568 95,498
Kirby Fund 50,000 50,000
Total Funds 156,568 145,498
**----- End of picture text -----**
11 **THE HERALDRY SOCIETY** ## **Balance Sheet (Continued)** ## **At 31 March 2023** The Society is entitled to exemption from audit under the provisions of Section 477 of the Companies Act 2006. No notice has been given under Section 476 of that Act requiring an audit to be carried out. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small company regime. The Trustees acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with Section 386 Companies Act 2006; and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its statement of financial activities for the period in accordance with the requirements of Sections 394 and 395 Companies Act 2006 and which otherwise comply with the requirements of the Act relating to accounts. Under the Companies Act 2006 s454, on a voluntary basis, the Trustees can amend the financial statements if they subsequently prove to be defective. Approved by the Trustees on 20 November 2023 and subsequently signed on the Society’s behalf. ………………………………………………….. …………………………………………….. J J Tunesi of Liongam Colin Lafferty-Smith CA Trustee and Honorary Secretary Trustee and Honorary Treasurer The notes on pages 13 to 16 form an integral part of these financial statements. 12 **THE HERALDRY SOCIETY** **Notes to the Financial Statements 31 March 2023** ## 1. **Accounting Policies** ## **Basis of Accounting** The financial statements have been prepared in accordance with the SORP FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’, Companies Act 2006 and FRC Abstracts. The Heraldry Society meets the definition of a public benefit entity. Preparation of financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported as assets and liabilities at the balance sheet date and the amounts reported as revenues and expenses during the year. Actual outcomes could differ from those estimates. No judgements made have had a significant effect on the amounts recognised in the financial statements. ## **Fixed Assets** The cost of the website, an intangible fixed asset, is being written off equally over three years. Depreciation is provided on tangible fixed assets at the following annual rates in order to write off each asset over its estimated useful life: Website and computer equipment 33% of cost Library 5% of cost The Society’s slide collection is included at a nominal value of £1 because, in the opinion of the Council, it has no resale value. ## **Stock** The Society’s stock of publications for resale varies from the very old to the new, but it is all specialist in nature and is held or has been donated primarily to further public education rather than to generate income. Consequently, the Trustees consider that its realisable value should be regarded as negligible. ## **Income** – **Subscriptions** Income is recognised once the Society has entitlement to it, it is probable that it will be received, and its amount can be measured reliably. Annual membership subscriptions (which are also magazine subscriptions) are due on 1 January in each year for the ensuing calendar year but are only recognised when received in cash, 75% of the subscription cash receipts between January and March being carried forward for the credit of the next financial year and included in creditors as income in advance. The final balance relating to life membership subscriptions was credited to income in 2020, twelve years after the last life subscriptions were received. The Society does not currently offer life membership. 13 **THE HERALDRY SOCIETY** **Notes to the Financial Statements 31 March 2023** ## **Financial instruments** The Society only enters into basic financial instrument transactions that result in the recognition of financial assets like trade and other debtors and creditors. Financial instruments are initially measured at transaction value. They are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statements of Financial Activities. Cash at bank would (if there were such investments) include short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account, if any. Creditors and provisions are recognised where the Society has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Such financial liabilities are recognised at cost, no amortisation being necessary. ## **Funds** SORP 2015 requires the financial statements to show the funds of the Society divided into unrestricted income funds, income funds which are restricted as to their use, and capital funds. Unrestricted funds include those which have been designated for specific purposes by the charity itself. Restricted funds are those donated for specific purposes. The Society’s funds are classified as follows: ## _Unrestricted Funds:_ General Reserve – represents undesignated income funds retained which provide the working capital to enable the Society to carry out its activities. ## _Restricted Funds:_ The Kirby Special Projects Fund represents a capital sum of £50,000 donated by the Kirby family and their Trusts in around 1989 for projects whose aim is the advancement of heraldry. Whilst there is no formal documentation available relating to this gift, it has been – and continues to be – treated and accounted for as a restricted fund. Only income earned by the Fund had been spent. ## **Judgements in applying accounting policies and key sources of estimation uncertainty** The preparation of the financial statements requires management to make judgments, 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. The nature of estimation means that the actual outcomes could differ from those estimates. ## **2. Status** The Society is a company registered in England under the Companies Act 2006 and is recognised under The Charities Act 2011. It is limited by guarantee with no share capital. Its income is mainly subscriptions from members in the UK and overseas. The surplus for the year is attributable to UK activities. 14 **THE HERALDRY SOCIETY** **Notes to the Financial Statements 31 March 2023** ## **3. Resources expended** ||**2023**|**2022**| |---|---|---| |**3.1 Costs of generating voluntary income**||| |**Printing and posting publications issued to members**
Printing and posting the Coat of Arms journal
Printing and posting the Heraldry Gazette
Purchase, postage & distribution of other publications
**Total Printing and posting publications issued to members**
**3.2 Administrative expenses**|8,361
7,380
457
**16,198**|7,770
5,163
105
**13,038**| |**Governance**||| |Independent examination & accountancy fees|2,833|2,510| |Trustees travel|0|0| |**Other administrative costs**||| |Insurance|714|699| |Website, IT Software and Consumables|1,448|1,398| |Storage|4,597|3,879| |Secretariat and general office costs|5,562|3,275| |Subscriptions paid|326|279| |Depreciation|808|408| |Finance costs|825|735| |**Total Administrative expenses**|**17,113**|**13,183**| ## **4. Payments to Trustees (members of Council) and Related party transactions** No remuneration was paid to any Trustee in the year (2022: nil). There were no related party transactions in the year (2022: none). No payments were made to any Trustees (2022: nil) to reimburse them for expenses incurred in their role as Trustees. 15 **THE HERALDRY SOCIETY** **Notes to the Financial Statements 31 March 2023** ## **5. Intangible fixed assets** |**Cost:**
At 1 April 2022
Additions
At 31 March 2023
**Depreciation:**
At 1 April 2022
Charge for year
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022|**Digital**
**emblazonment**
**£**
2,000
0| |---|---| ||2,000
0
400| ||400
1,600
2,000| ## **6. Tangible & Heritage assets** |**Cost:**
At 1 April 2022
Additions
At 31 March 2023
**Depreciation:**
At 1 April 2022
Charge for year
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022|**Heritage assets**
**Heritage**
**assets**
**Heritage**
**assets**
**Library**
**Slide**
**Collection**
**Total**
**£**
**£**
**£**
8,169
773
8,942
0
0
0| |---|---| ||8,169
773
8,942
7,093
772
7,865
408
408| ||7,501
772
8,273
668
1
669
1,076
1
1,077| The Society’s Educational Library, a heritage asset, is properly conserved and fully catalogued. Supervised access is available to the public upon application with notice. Most of the library is now kept in the _pro bono_ custody of The Institute of Heraldic & Genealogical Studies, Canterbury, though some books are kept at the Society of Antiquaries, London. The Principal Emeritus of the Institute of Heraldic & Genealogical Studies, Dr Richard Baker, was a Trustee of the Society until November 2022. 16 **THE HERALDRY SOCIETY** **Notes to the Financial Statements 31 March 2023** ## **7. Debtors and prepayments** ||**2023**|**2022**| |---|---|---| |**Debtors and prepayments**|**£**|**£**| |Prepayments|0|0| |**Total Debtors and prepayments**|**0**|**0**| ## **8. Creditors** ||**2023**|**2022**| |---|---|---| |**Creditors**|**£**|**£**| |Subscription income in advance|21,723|22,859| |Standing orders from lapsed members|1,100|1,100| |Provisions for printing committed not yet done|0|3,601| |Accruals and accounts payable|2,500|2,221| |**Total Creditors**|**25,323**|**29,781**| ## **9. Analysis of net assets between funds** ||**Fixed Assets**|**Cash at**
**Bank**|**Other**
**Net**
**Current**
**liabilities**|**Total**
**March**
**2023**|**Total**
**March**
**2022**| |---|---|---|---|---|---| ||**£**|**£**|**£**|**£**|**£**| |**Unrestricted Funds**|||||| |General Reserve|2,269|125,334|(21,035)|106,568|95,498| |**Restricted Funds**|||||| |Kirby Special Projects Fund||50,000||50,000|50,000| ||**2,269**|**175,334**|**(21,035)**|**156,568**|**145,498**| 17 **THE HERALDRY SOCIETY** **Notes to the Financial Statements 31 March 2023** Details of the funds are in note 1. ## **10. Capital commitments and contingent liabilities** There were no capital commitments or contingent liabilities at 31 March 2023 (2022: none). 18 **THE HERALDRY SOCIETY** **31 March 2023** ## **BRIEF BIOGRAPHIES OF THE TRUSTEES AND OTHER VOLUNTEER OFFICERS** ## _**Jenny Baker MPhil**_ Jenny has an MPhil in Nucleoside Chemistry awarded during her 13 year with ICI Ltd., during which time she started an ongoing passion for Family History. After a few years spent raising three daughters, Jenny trained as a teacher, and then taught Chemistry to A-level. Moving into Adult Education, she worked in this field until gradually retiring in 2016. Jenny has been a member of the Heraldry Society since the early 2000s and since the late 1990s has joined her husband, Richard, at many International Congresses of Heraldic and Genealogical Sciences. She has previously served for six years on Council and has again joined Council to take over responsibility for the organisation of the Society’s Corporate Heraldry Award and its Photographic Competition from Clive Alexander. ## _**Graham Bartram FFI**_ Graham became interested in flags and heraldry when, at age 9, he became the Scottish High Commissioner in Ghana and asked his mum to make a Scottish Saltire for the residence's flagpole! Forty-six years later he is the Chief Vexillologist of the Flag Institute, Secretary-General for Congresses of FIAV (the international flag body), protocol advisor to HM Government, HM Armed Forces and the United Nations and author of _British Flags & Emblems_ and _Flying Flags in the United Kingdom_ . He is also a professional web developer. He has been a Trustee since 2017 and works with Andrew Gray on the Society’s website and email systems. ## _**Martin Davies Hon FHS**_ Martin is Clerk to the Worshipful Company of Fan Makers and a Liveryman of the Scriveners’ Company. He qualified as a Barrister and pursued a legal career with the Director of Public Prosecutions and in financial services regulation. He has been a member of the Society for nearly 50 years, has previously served on Council and has lectured and written for the Society’s publications. ## _**Dewdney Drew**_ Dewdney is a Chartered Trade Mark Attorney for a multinational Patent & Trade Mark Agency headquartered in Scotland. While he has always had an interest in genealogy and heraldry, his training in Scotland brought the world of heraldry to life. Dewdney has a significant client base in the whisky industry, a field where branding and history meet like few others. He is also an attorney to the High Court of South Africa (non-practising role) and a member of the Chartered Institute of Trade Mark Attorneys (CITMA). In his free time, Dewdney enjoys genealogical research, going to the races and training with military fitness in the local park. ## _**Dr Paul A Fox FSA, FHS**_ Appointed as editor of the Coat of Arms in 2017 in succession to Clive Cheesman, being responsible for the New Series, the first volume being published in September 2018. Previously a long serving member of Council and former Chairman of the Society. Took early retirement as a consultant physician and university lecturer in 2017 in order to focus on heraldic research and lecturing, to complete his first book on heraldry, and to see it through to publication. In a personal capacity, Paul is the Secretary of The International Heraldry and Genealogy Congress to be held in Cambridge in 2022. 19 **THE HERALDRY SOCIETY** **31 March 2023** ## _**Robert Harrison CStJ Hon FHS**_ For many years Robert worked in the House of Lords. He is the Deputy Director of Ceremonies of The Venerable Order of St. John (Priory of England and the Islands) and Assistant Secretary of the Association of LordLieutenants. A member of the Heraldry Society since the early 1970s, a Trustee from 1990 to 1999, at various times serving as Programme Secretary, member of the Development Committee, member of the Fellowship committee, website co-ordinator, and Deputy Chairman. He became a Trustee again in 2017 and Chairman 2019. As Chairman Robert is responsible for leading the Council of Trustees and for the over-all well-being and risk management of the charity as it seeks to fulfil its objects in the public interest while remaining financially sound. ## _**Paul Jagger** FBCS_ A Court Assistant of the Worshipful Company of Information Technologists’ and author of The City of London Freeman’s Guide, Paul’s interests are at the intersection of technology and tradition. He is a senior managing consultant at IBM, specialising in cognitive digital learning. He lectures at the Judge Business School (Cambridge University) and City University (London) on Information Security and Professional Development in the IT industry. Not content with lecturing on IT topics he is an Accredited Arts Society lecturer on the Treasures and Heraldry of the City of London’s Livery Companies. Paul is an advocate of equality in the inheritance and display of armorial bearings – a reforming traditionalist who believes in inclusion and operates at the vanguard of the 21st century. ## _**Colin Lafferty-Smith CA**_ Colin is a chartered accountant and chartered tax adviser practicing with a 'Big 4' firm in London. He is a member of the finance committee of the Society of Antiquaries of London. His interest in heraldry was sparked by reading _Simple Heraldry: Cheerfully Illustrated_ whilst at school. Colin joined the Society in 2018 and was appointed Honorary Treasurer in November 2020. ## _**Peter O’Donoghue FSA**_ Peter, York Herald since 2012, is a genealogist and researcher, becoming Bluemantle Pursuivant in 2005. He was Joint Editor of _The Coat of Arms_ from the 2005 retirement of the late John Brooke-Little (Clarenceux King of Arms, the Society’s founder) to 2016. He became a Trustee in 2017, responsible for the Society’s relationship with the College of Arms. He became Deputy Chairman in 2020. ## _**David Phillips**_ David, the Society’s Programme Secretary since May 2019 and a Trustee from September 2019, is an architectural designer. A graduate of the Royal College of Art, he has undergraduate and postgraduate degrees in both fine art and architecture. He first joined the Heraldry Society in 1982. In particular he is interested in heraldry on church memorials and in Japanese heraldry. ## _John Titterton FSA FHS_ John studied Electrical Engineering at Imperial College and worked in the Electricity Supply industry for 40 years. Boutell’s Heraldry in the school library aroused his interest initially. In 1975 he discovered The Chiltern Heraldry Group and thereby met Peter Summers. John assisted Peter with the _Hatchments in Britain_ series to its completion in 1993. In the 1990s John served on the Heraldry Society council, managed the bookstall and was Managing Editor of the _Coat of Arms_ . He and David Krause established the biannual congress. He is a keen supporter of local societies, founding the Oxford Heraldry Group and serving 15 years as Programme Secretary of the 20 **THE HERALDRY SOCIETY** **31 March 2023** Cheshire Heraldry Society. He researches on and has spoken and published articles and booklets about heraldry. His other interests include family history and he has a MA in Local History and Archaeology. ## _**Jane Tunesi of Liongam Hon FHS, QG**_ Jane, a Chartered Librarian and Qualified Genealogist with an MSt in Local and Regional History from the University of Cambridge (St Catharine’s College), was for 16 years the Assistant Librarian at The College of Arms. She is now a Curriculum Administrator at North Hertfordshire College and a part time tutor of family history in the community. Editor of The Heraldry Gazette and Hon. Librarian and Bookshop Manager from 2013, Jane has also been Membership Secretary since 2016. Jane is Membership Secretary for the Society of Heraldic Arts. ## _**John Tunesi of Liongam MStJ, FSA Scot, Hon FHS, QG**_ An MSc in Advanced Professional Studies (Genealogical Studies) of the University of Strathclyde, John is a professional genealogist and researcher in archives and was a research assistant at the College of Arms from 1987 to 1996 and served as Factor to Garter Principal King of Arms (Sir Conrad Swan) 1992 - 95. He is also the Archivist of the Worshipful Company of Scriveners. John is Chairman and Honorary Secretary of the Society of Heraldic Arts. John has been our Honorary Secretary and a Trustee since 2009. ## _**Anthony Willenbruch MA FRSA CEng FIMMM**_ Following a full career as a Chartered Engineer in the RAF, with long involvement in engineering professional development organisations, Tony took on leading roles in timber trade institutes and the aerospace industry trade association before spending seven years as Clerk of the Worshipful Company of Engineers, finally retiring in 2016. He has also been actively involved in the Educators’, Arts Scholars’ and Wax Chandlers’ livery companies over several years, coupled with trustee and other voluntary roles primarily in the heritage and cultural charitable sector. In addition to heraldry, he maintains particular interests in decorative arts of ‘the long eighteenth century’, and his family origins from the 1700s in London and earlier in Germany. Although he joined the Society in 2007, his heraldic interests developed as an undergraduate member of CUHAGS, of which he remains a life member. 21 ty