Reglstered charlty number: 271590 7he LONDON TOPOGRAPHICAL SOCIETY Est.1880 London Topographical Soeiety Finaneial Statements For the year ended 31 December 2024
London Topographieal Society CONTENTS Page Administrative infonnation Rewrt of the trnstees Independent examiner's report Statement of financial activiti¢s Balance sheet Not¢s to the fllwiGial statements
London Topographieal Society ADMINISTRATIVE INFORMATION Trustees Dr Penelope Hunting (Chair) Bridg¢t Cheny Roger Cline Simon Morris Mike Wicksteed Secretaryl Treasurer Mike Wicksteed Charity number 271590 Registered ol¢e 103 Harestone Valley Road Caterham Surrey C.R3 6HR Independent cxaminer David Whe¢l¢r FCCA Ch¢eld Wheeler & Co Chartered Certified Accountants Redhill Chambers 2d High Strect Rcdhill SUeY RHI IRJ Bankers Santander Bank plc
125th ANNUAL REPORT OF THE COUNCIL OF THE LONDON TOPOGRAPHICAL SOCIETY FOR THE YEAR ENDED 31 DECEMBER 2024 Th¢ trustees present their report togcther with the ind¢pendently examined financial statements for the y¢ar ¢nded 31 December 2024. The London Topographical Society (the Society) is a charity register¢d with the Charity Commission. The charity numb¢r, prinripal addresses and dctai15 Qf prof¢ssional advisors are included in the administrative infortll8tion on page l. Constitution, ob3e¢tives and activities The charity was founded in l 880 and was registered with the Charity Commission on 2 July 1976. Thc charity's obje¢ts arc to educate thc members and th¢ publiL in the history, gr0h and topography of London, by making available its collection of historic maps, plans and views of Liindon. It also publishes books and monographs containing original research. The trustees confirn) that they have refetted to the Charity Commission's g¢neral guidance on public bcncfit when revieiving the Society's aims and objectives and in planning future activities and setting the grant making policy forthe year. The trust¢es consider that the sl¢ty's a¢tivities are for the benefit of th¢ public generally. Orgalli$*tional structure The charity is managed by the Soci¢ty's Council, members of which are elected at each AGM. The Council meels regularly three times a year. Thc board of trustees, selected on the basis of the particular skills thai ihe potential truslees can offer meets as required during the year. The trustees te1ve an induction pack ¢ontainÉng the charity's key documents and attend at least one meeting a year. Throughout the year, trustees rec¢iv¢ re8ul8r updates on the activities of the charity. Achievements #nd performance In July 2024, His Royal Highness the Duke of GIouLestcr kindly agreed to be the Society's Patron. He succeeds the latc Prince Philip, Dukc of Edinburgh, who was our Patron for sixty-nine year having consented to take up the position in 1952 on the death of our forn]eT Patron, King George VI. King George V Connted to be our first Patron in 1909 while he was Prince of Wales. This year's publication was llie SouthM?ark Fire Court by Jay Tidmarsh, ¢dit¢d by Sheila O'connell. Once again, the Society is grateful for th¢ contributions of Linda Fisher and Steve Hartley at Scorpion Creative. The Society'8 123rd AGM was held on 3 July 2024 in Sl Lawrence Jewry in Gresham Streei. It was attended by about 160 members and guests. The mecting was preceded with an hour-long organ recilal by Jamcs Mcvinnie. Talks were given by Jay Tidmarsh, on his bool and by Council Mcmber Geoffrey Tyack who spoke about Sir Christopher Wren's design of the church and Cecil Brown's post-war restoration. The Society's total income for 2024 was £38,108 while expendilure c(une to £38,642. Income was mainly derived from subscriptions and publication Sales. We would like to thank the Scouloudi Foundation for their geneTOUS grant of £2,000 towards the produLtion of our annual publication. Th¢ Society mado 2 8rant of £2,500 t(J I C, Doolittle to help with the cost of typTng up the last of the Fire Court d¢cr¢¢5.
125" ANNUAL REPORT OF THE COUNCIL OF THE LONDOIY TOPOGRAPHICAL SOCIETY FOR THE YEAR ENDED 31 DECEMBER2024 During the year 45 new membeTS joined th¢ Society which had 1228 paid-up membcrs as of 31 December 2024. There were two honorary members Two new members were elected to the Council, India Wright and Colin Thom. Bridget Cheny OBE stood down after editing the Newsleller for Slxteen years and was appointed a Vice President: India Wright took over the editorship. Mike Wi¢ksteed was elected as a trustee, joining Penny Hunling, Roger Cline, Simon Morris and Bridget Cherry. Council meetings were held in February. April and October to discuss the Society's publications programme, membership, finances and gcneral administration. The Society's Newsletter was publish¢d and circulated to Members in May (No.98) and November (No.99) Thith articles ranging widely over London past and present. Both are also available to read on the Society's website at htt s:Illondonto soc.or Inewslettersl The Ann Saunders Essay Priz¢ in honour of Dr Ann Saunders (1930-2019) was awarded for the second time. £1000 was paid to Martin Rose for his essay titled The Close on Tower Wharfwhich will be publsshed in Volume 33 of The Record in 2025. Planned PubRi¢gtions 2025. The Record, Vol 33 2026. A-Z of Georgian London. 2027. Private Banking Houses in Georgian Lop0. FiDallci#l review Total in¢ome for the year amountd to £38,108 (2023 - £41.905). r.xpenditure amounted to £38,642 (2023 - £55,440). This results in & deficit for the year of £534 (2022 - deficit of £13,535)- As at ihe year end the charity had reserves of £227,893 {2023 - £228,427). Reserve5 policy The Socicty uses unrestricted reserves for its main charitabl¢ activity, yjamely producing publications. The Inain cost of this are thc production ¢osts of the publieations. Re5tricled reserves can only be used for purpose specified by the provid¢r of those specific funds. The trustees, policy is to genernte a level of reserves which will provide a stable base for its continuing activities while at the same time ensuring that funds are not Accumulated. Risk management 'rhe trustees have ass¢ssed the major risks to which the ¢har&ty is ¢xposed and in particular those relating to the specific operational areas of the charity and its finances. The trustLCS b¢li¢ve that by ¢nsuring controls exist over key financial systems and by examining th¢ operational and business risks faced by the chdrity, they liavc ostabli3hcd off¢ctiY¢ systtins to milisate thos¢ r%sks.
125th ANNUAL REPORT OF THE COUNCIL OF THE LONDON TOPOGRAPHICAL SOCIETY FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees The following trustees have held office during the y¢ar'. Dr P Hunting B Cherry R Cline S Morris M Wicksteed Financi•l review Totsl income for the year amounted to £38.108 {2023 - £41.905). Expenditure iunounted io £38,642 (2023 - £55.440). This results in a deficit for the year of £534 (2022 - deficit of £13.535). As at the year end the charity had rcserves (Jf £227,893 (2023 - £228.427). Rescrve5 policy The Socicty uses unrestrieted reserves for its main charitable activity. namely producing publications. The main cost of this the production costs of the publications. Restricted reserves can only be used lor putyose specified by the provider of those specific funds. The trustees, policy is to generate a level of reserves which will provide a stable base for its continuing a¢tivities while at the sam¢ time ¢nsurin8 that funds are nol accumulated. Risk management 'rhe trustecs huve assessed the major risks to which the Lharity is ¢Kposed and in particular those relating to th¢ specifjc operational arcas of th¢ charity and its finances. The trustccs believc that by ¢nsuring controls exist over key financial systeffls and by examiningi the operational and business risks f&ced by the charity, they have established effective systems to mitigate those risks.
125th ANNUAL REPORT OF THE COUNCIL OF THE LOIYDON TOPOGRAPHICAL SOCIETY FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees, respon$ibilitie8 in relation to ¢he finaneial statements The trustees arc rcsponsibl¢ for prcparing thc Trustccs, Rcport attd th¢ financial statcmenls in accordance with applicable law and United Kingdom Account Stsndards (United Kingdom Genernlly Accepted Accounting Pra¢tic¢). Charity law requires the trustees to prepare financial statements for each financial period which gives a true and fair view of the state of affairs of the charity and of the incoining SoUrc¥S and appliLulion of resources, includingthe income and expenditure ofthe charitsble organisation for that period. In preparingthese financial statcmcnls, th¢ Irust¢¢S r¢quir¢d to= S¢leLC suithble accounting policies and then apply them consistently. Obs¢rve the methods and principles in the Statement of Recommended Practice (Accountin8 and Reporting by Charities- the Charities SORP)- Make judgements and estimates that are reasonable and prudent. Stale whethcr applicat)le lJnited KtngdtsTn Aecounting Standards have been followed. subject to any material departur¢s disclosed and explained in the financial statements. Ppare the financial statements on the going Concern basis unlcss it is inappropriat¢ to pr¢sum¢ thai Ihe charity will ¢ontinue in business. The trustees are responsible for kccping proper accounting records that are sufficient to show and explain the charitable organisiltion's transactiott5 and dis¥lo%e with reasonable accuracy al any time the financial position of thc charitable organisation and to enablc thcm to cnsurc that the financial statcments comply with the Charities Act. They are also responsible for safeguarding the assets of the charitable company and h¢nc¢ for taking reasonable st¢ps for the prevention and detection of fraud and other irregularities. Approved by the trustees on l July 2025 and signed on their behalf by: M Wickst¢ed Hon. Secrctaryrrr¢asurer
London Topographical Society INDEPENDENT EXAMINFR'S REPORT I rewrt lo lh¢ Irusl¢es on my examination of the accounis of London Topographical Society ("th¢ Swiely") for th¢ year ended i l December 2024 on pa¥es 6 to I l. Responsibilities and basis of report As the charity'% trustees, you are re%ponsible for the preparation of the accounts in accordance with the requircments of ihe Charities Act 2011 ('xhe Act"). I report in respect of my examination ofthe Socicty'5 accounts earrted out under seciion 145 of the 2011 Act and in carrying out my cxaminatson, I have followed all thc applicablc Directsons given by the Charity Commission under section 145(5)(b) of th¢ Act. Independent examiner's sti)temtnt I have completed my examination. l ¢onfim that no material matters have COTne to my attention in connection with the examination which gives me cause to bclicve that in, any material respect: the accounting records were not kepi in accordance with section 130 of the Charities A¢r: or th¢ accounts did not accord with lh¢ accouniing records- or the accounls did not Lumply with the applicable requirements concerning the fonn and contcnt 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 15 tiot a matter ¢onsidered as partof an indcpcDd¢nt ¢xarnination. I have no concerns and have come across no other matters in connection wilh ihe examination to which att¢nlion should be drdwn in this retK)rt in order to ¢nable a proper understanding of the accounts to be reached. David Wheeler FCCA Date.. Independcnt exatniner Cheeld Wheeler & Co Chart¢r¢d Certified Accountsnts Redhill ChaTnlKrs 2d High Stre Redhill Surrey RHI IRJ
London Topographi¢al Society STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECFMBER 2024 2024 Totsl funds 2023 Total funds Notes Unrestricted funds n¢ome Donatioi)s a]id Icgacies Charitable activiti¢s Investment income Other Total illeome 2.167 29,610 5,391 940 38,108 2,167 29,610 5,391 940 38,108 7.109 31,896 1,708 1,192 41,905 Expenditure on Charitable activities Grants to institutions Direct costs Support ¢osts Total cxpeDditure 2.500 31.815 4.327 38.642 2,500 31,815 4,327 38.642 7,715 45,835 1,890 55,440 Net (expenditure} alld net movement in runds for the year {534) (534) (13.535) Brought fonvard l January 2024 228,427 228.427 241,962 Balance carried fonvard at 31 December 2024 227,893 227,893 228.427 There are no recognised gains or losse5 oth¢r than those passing through th¢ statemeftt of financial activities, whiLh has been prepared on thc basis that all oper&tions are continuing operntions. The notes on pages 9 to 12 fomi part of th¢s¢ financial statements.
London Topographical Society BALANCE SHEET AS AT 31 DECEMBER2024 2024 2023 Notss Current a88ets Stock Debtors Cash at bank Total current *qsets 8.372 3,995 221.846 234,213 11,163 220.045 231.208 Creditors: gmounts fallillg due vAtknln one year 20 Net turrenl assets 227 893 228 427 Net assets £227 893 £228 427 Th¢ funds of the ¢harlty Unrestricted funds R¢stricted fimds 227.893 228.427 TOTAL CHARITABLE FUNDS £227 893 £228,427 The notss on pages 9 to 12 forn) part of these financial statements. Appr ved by the trustees for issue on l T_I X.2< and signed on their half by.. S Morris M Wicksteed TnRstee Charty registrntion number.. 271590
London Topographical Society NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. A¢eounting policies A summary of the principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparalion of the accounts are laid out b¢low. l. l Basis of preparation These financial stalements hav¢ been prepared for the year ended 31 December 2024. These financial statements are prepared under the historical cost Convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policies below or the notes to these accounts. The accounts have been preparcd in a¢¢ordance with AccouTkting And Reporting by Charitics.. Statement of Rccomm¢nded Practice applicable to charities preparinb their accounts in accordan¢¢ with th¢ Financial Reporting Standard applicable in th¢ United Kingdom and Republic of Ireland (fRS 102} (Charitics SORP FRS 102) the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Aot 2011. The ciwity Constitutes a public ben¢fit entity as defined by FRS 102. The accounts are presented in sterling and are rounded to the near¢st pound. 1.2 Critical accounting estimates and areas of judgement Preparation of thc accounts requires the trustees and Magement to make significant judgements and ¢Stimates. The items in the accounts where these judgcments and estimates have bccn mad¢ include= bslimaling the liability for a¢crnals 1.3 Assc5sment of going concern '1lJe trustccs hav¢ assessed whether the use ofthe going concern assumption is appropriate in preparing these acLounts. The trustees have madc this assessment irE respect of a period of one y¢ar from the date of approval of these accounts. The trusteL% have a reasonable expectation that the charity has adequat¢ resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the goiiig concern basis in preparing its financial statements. 1.4 Ineome Grants and donations receivable are accounted tor as soon as thcir amount and reccipt are rcasonably certain. In the case of unsolicitcd don&tions. they are usually only account¢d for when rec¢ived. All other inconie is re¢ognised in the statement of financial activities, once the Society has be¢ome entitled to those funds, and it is probable that it will be received and the amount can be measured accuralely.
London Topographical Society NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024 1.5 Expendlture All expenditure is accounted for on an accruals basis and has been classified under hcadings that aggregate all costs related to each category. Costs of generating funds exp¢ndilure As detailed at note 3. and comprises thc costs associated with attracting volunlary income and any fundraising events. Charitable expenditure is d¢tailed in note 3. and comprises those costs incurrcd by the charity in th¢ delivery of its aLtivi¢ies. It includes both costs that Can be allocated directly to such 8£tivities and thosc costs of an indirect natsire to support them. 1.6 Stock Siock is represented by th¢ publications produccd which atr valued at cost less any provision to write down to realisable value. 1.7 Cash at bank and in hand Cdsh at bank and in hand repres¢nts such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition. 1.8 Creditors and provisions Creditors and provisions are ¢081$¢d when there is an obligation at the balance shcet date as a result of a past event, it is probable thal a transfer ofeconomiL benefit will be required in settlemcnt, and the amount of the scttlement can be estimated reliably. Cr¢ditors and provisions are recognis¢d at tlie amouiit the ¢harity anticipates it will pay to settle the debt. They have been discounted to the presellt valu¢ of the future cash payment where such dis¢ountin8 is matcrial. 1.9 Charity fund Unrestricted funds ¢an be used in accordance with the Society's objects at the discretion of the trustees. Restrictcd lunds can only bc us¢d for particular r¢stri¢t¢d purposes within th¢ objccts of the So¢iely. Restrictions arise when speLified by the donor or wh¢n funds are raised for particular restricted purposes. The Society currently has no designated or restricted funds. 1.10 Taxation I'hc Society is a r¢gister¢d Charity and th¢for¢ is not Itable to income tax or corpuration thx derived from its charitable activities, as it falls within the various exemptions availabl¢ to registered charities. 2. Income 2024 2023 Donations Lega¢i¢s Grants Membership subscriptions Publication s&l¢s Royalty income Intercst receivablc Other 167 109 5,000 2,000 24.967 6,758 171 1,708 1,192 41,905 2,000 24.508 5,102 300 5,391 640 38,108 io
London Topographical Soeiety NOTES TO THE Fll¥ANCIAL STATEMENTS (continued) FOR THF YFAR FNDFD 31 DECEMBER 2024 Total expeuditure Direct Costs Support Costs Total 2024 Total 2023 C.haritsble aetivities 34,315 4,327 £38,642 £55,440 2024 2023 Cbaritable activities Direct costs Grants paid Prizcs Production and distribution costs Newsletter printillg & d¢spatch ¢osts 2,500 1,000 7.715 1.000 22.166 37,493 8,649 £34,315 7,342 £53,550 2024 2023 Support costs Membcrship adminL5tration Website expenses AGM costs F.xaminer's fee 572 807 1,988 960 403 44 543 900 £4,327 £1.890 Debtors Accrucd interest £3,995 Creditor¥: amounts ralling due withill one year Subscriptions in advance Creditors and accruals 2024 2023 4,067 2,253 1,64J 1,138 £2.78] 6. Employees The charity did not employ any staff during the y¢ar.
London Topographical Society NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024 7. Tru8tees' remullcrnilon and expenses l-he trus(ccs giv¢ theirtime frecly and arc unpaid. Mr Clitie elaimed administration expenses of £1,293 (2023 - £237) during th¢ y¢Ar. None of the other trustecs cl&irned any expenses. 8. Related party trgnsaetions There were no r¢lated paty tranwtions during thc year. 12