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2024-12-31-accounts

ISLE OF WIGHT NATURAL HISTORY AND ARCHAEOLOGICAL SOCIETY Charity registration number 260747

ACCOUNTS for the YEAR ENDED 31 DECEMBER 2024

The Isle of Wight Natural History and Archaeological Society, Unit 7c, Prospect Business Centre, Prospect Road, Cowes, Isle of Wight, PO31 7AD is registered with the Charity Commissioners and constituted by a trust deed.

The Charity is administered by a council, comprising:

Other members: Mr Jim Baldwin, Mr Paul Bingham, Mr Al Blenkinsop, Mr David Bone, Mrs Selena Bone, Mr Jonathan Cox, Mrs Toni Goodley, Miss Lily Gray, Miss Jacqueline Hart, Dr Roger Herbert, Mrs Margaret Nelmes, Mr Trevor Price, Dr Anthony Roberts, Mr Richard Smout, Mr Dave Staughton, Mr Will Thurbin, Mrs Ann Ticehurst and Mr Dave Trevan.

New council members are elected at the Annual General Meeting.

The objects of the Charity are to promote, for the benefit of the public, the study of natural history, geology and archaeology especially in relation to the Isle of Wight and to promote the preservation of all objects of special archaeological and geological interest.

We have held a full programme of events this year, including nine general meetings and 61 other meetings. In addition, the archaeological section has held informal meetings on Wednesdays through the year. A Recorders’ Conference was held in November which was open to anyone who has an active interest in recording the Island's flora and fauna. The Society had a display at Wolverton Manor Garden Fair at the beginning of September.

The iWatch Wildlife project holds events during the year to encourage young people and their families to observe wildlife on the Isle of Wight. The Society and iWatch joined the National Trust at Dunsbury for a day of recording all species present at a Bioblitz, one Saturday in June.

We have taken on the responsibility for recording all appropriate records on the MapMate database for the Isle of Wight Council. The overall aim is to provide a central point of contact for information required to further scientific study.

A visual records section has been setup so that digital photographs of natural history, archaeology and geology of the Isle of Wight, may be recorded with the provenance and stored for future reference.

Signed: Name: Vivian Roberts 20.1.25

President

INDEPENDENT EXAMINER’S REPORT TO THE COUNCIL

I report to the trustees on my examination of the accounts of the Isle of Wight Natural History and Archaeological Society (the Society) for the year ended 31st December 2024.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity trustees of the Society, 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 on my examination of the Society's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(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 Society as required by section 130 of the Act; or

  2. the accounts do not accord with those records;

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.

Signed:

Date: 20.2.25

Name: Carol A Gandy

Address

ISLE OF WIGHT NATURAL HISTORY AND ARCHAEOLOGICAL SOCIETY Charity registration number 260747

ACCOUNTS for the YEAR ENDED 31 DECEMBER 2024

RECEIPTS AND PAYMENTS
ACCOUNTS
2024
2023
Unrestric
ted
funds
Designa
ted
funds
Total
Unrestric
ted funds
Designa
ted
funds
Total
RECEIPTS AND PAYMENTS
Note
s
£
£
£
£
£
£
RECEIPTS
Donations
154
154
Legacies
4
90000
90000
Subscriptions including tax
refund
13080
13080
11920
11920
Sale of Publications
iWatchWildlife
6
7000
7000
5000
5000
Archaeological projects
Sundries
5073
5073
2772
2772
Investment income
9696
9696
4945
4945
Total receipts
27849
97000
12484
9
19,791
5,000
24,79
1
PAYMENTS
Cost of the Proceedings
4210
4210
3598
3598
Cost of IW Birds
1320
1320
Headquarters running costs incl utilities
6231
6231
5772
5772
Archaeological projects
355
355
62
62
Moving costs
2975
2975
iWatchWildlife
6
7062
7062
5064
5064
General management costs
65
65
99
99
Other costs
5
8502
8502
5606
5606
Total payments
19008
7417
26425
19,370
5126
24,49
6
Net of receipts/(payments)
98424
421
-126
295
Cash funds last year end
14986
1
6778
142788
14956
6
Cash funds this year end
24828
5
7199
142662
14986
1
STATEMENT OF ASSETS AND LIABILITIES AT THE END OF THE PERIOD Funds reconciliation
Balance Sheet
Unrestric
ted
Funds
Designa
ted
Funds
Total
Total
2024
2024
2024
2023
£
£
£
£
Cash at Bank
31.12.20
23
149861
149566
Surplus/(defcit) for year
98424
295
Cash at Bank
31.12.20
24
8424
239861
248285
149861
Bank Balances
Bank Deposit Account
245536
143340
Bank Current Account
2749
6521
248285
149861
2024
Unrestric
ted
funds
Designa
ted
funds
Total
£
£
£
90000
90000
13080
13080
7000
7000
5073
5073
9696
9696
2023 2023
Unrestric
ted funds
Designa
ted
funds
Total
£
£
£
154
154
11920
11920
5000
5000
2772
2772
4945
4945
27849
97000
12484
9
19,791
5,000
24,79
1
4210
4210
6231
6231
355
355
7062
7062
65
65
8502
8502
3598
3598
1320
1320
5772
5772
62
62
2975
2975
5064
5064
99
99
5606
5606
19008
7417
26425
19,370
5126
24,49
6
Total
2023
£
149566
295
149861
143340
6521
149861

ISLE OF WIGHT NATURAL HISTORY AND ARCHAEOLOGICAL SOCIETY Charity registration number 260747

ACCOUNTS for the YEAR ENDED 31 DECEMBER 2024

Assets retained for the charity's own use (note only)

Equipment at cost

17894

NOTES TO THE ACCOUNTS

1 Accounting policies

General The 2024 accounts are prepared under the Receipts and Payments basis as laid down by the Charity Commissioners and meet the requirements for a charity of our size.

2 Council members expenses

No Council members have received reimbursement for expenses in their role as Council, but they may have a second role as section or group leader in the Society and they may have received reimbursement of expenses as group leaders for activities as such.

4 Donations and legacy

The Society received a legacy of £90,000 from the estate of Jean Dorothy McCormac.

5 Other costs

2024 2023
Printingand stationerycosts 3160 2472
Information and Computer related 335 461
Archival 275
Sundries 4732 2673
TOTAL 8502 5606

6 iWatchWildlife

Project is funded by the Isle of Wight National Landscape (IWNL) and the Isle of Wight Local Records Centre (IWLRC)