DAS
TI I E DEQ()RATIVI ARTS SC)CI FTY
Alll L)1.51GN 18.5() TL) TI IL I'IIL.%I_NT
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE DECORATIVE ARTS SOCIETY
185OTO THE PRESENT
CONTENTS
PAGE
REFERENCE AND ADMINISTRATIVE DETAILS
REPORT OF THE TRUSTEES
REPORT OF THE INDEPENDENT EXAMINER
STA TF.MF.NT OF FINANCIAL ACTIVITIES
BALANCE SIIEET
NOTES TO TIIE FINANCIAL STATEMENIS
l)AS Accounis Year LYNkd 31 Marrh 2024 Tr'INAL
Pag>c I

THE DECORATIVE ARTS SOCIETY
IR50TO THE PRESF.NT
REFF.RENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR F.NDF.D 31 MARCH 2024
RkGISTERED CHARITY NO. 271838
PATRONS
Arjne Ceresole
Jolin Evereii
Cliarlottc C>cre OBE FSA
Jolin Kcatlcy
Mailin Lcvy FSA
Ai)drcw Mclnlosh Pairick
Bctsy Newcll
The Lady Vaizey CBE
Dr Susan Webei FSA
Bltrric and Deedcc Wigmore
Chribiopher Wilk
Robert Wilson OBE
TRUSTEES
Al¢x Wcrncr
MaTbiarct Baird
Hilary Barton
Anthony Bernbaum
Max Donnelly FSA
FrdnLes Dunkels CVO
Martin Levy FSA
Sarali Nichols
Judy Rudoe FSA
Martin Webster
Maiihew Wintcrbo(tom
D￿VId Wurtzel
Robin Wyaii
{Appoint¢d 13 July 2023) {Chair from 18 NoveTnber 2023)
(R￿18n¢d 20 Junc 2024)
IApTK>inied 20 April 2023)
{Resigned 30 January 2024)
{ResigAcd 18 November2023) (Chair 10 18 November 2023)
(Honorary Treasurer and Chair. Grants Sub<on)iniiiee)
(Resi￿ed 30 Janudry 20241
{Appoinied 8 July 2024) {Chair. Events Sub-commttiee)
EX-OFFICIO CoMMI￿EE MEMBERS
Siella Beddue
(Journal Edi￿r)
Mark EdStsnent
(Honorary Jotjmal Co-ordinator)
Shdron Goodenou￿h FCA
(Honorary AcLountant)
Al¢xa Gray
Iwebsaie MaTragerl
Alison Hart
(Membership Secretary)
Hclen Kaymer
(Website Editor)
Perslla Kinchin
INew51elter Editor)
Rcbccca Klarner
(Honorary Secretsry)
A5hl¢y Weaver-Paul
Isrtial Media and Chair. New Voice5 Group)
REGISTERED ADDRESS
P.0. Box 136. Woodbridge, Suffolk IP12 ITG
JP4DEPLNDF.NT EXAMINLR
D A Sanders FCA. Sheen Siickland Chartered Accountanis.
2 Ori¢1 Courl, Omega Park. Alton, Hampshire (iU34 2YT
BANKERS
Bdrclay% Bank PLC
SLuiliSh Widowb BanL P.0. Box 883. Lee(is LSI 9TY
t)AS Accounis Yvdrcnthd.11 March 2024 FINAL
Pa&Tc 2

THE DECORATIVE ARTS SOCIETY
1850 TO'fHE PRESENT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The trus￿S of (he Dccorative Arts Society 1850 to thc pre￿￿t {'the So¢iery'l prwni (heir ani?ual repon and finwicial
slatemenis for Ihe ycar end￿ 31 Morch 2024. Thc tjnancial 5rn1ements hav¢ beej) piepared in accordance wilh the accounting
poliLie% set out in note 2 ro the financial 5tatemer]ts and comply with the chariiy's trust dttd. the Chariiies AL12011 and
"ALcounring and Reporting by Charitie%.' Sthternenl of Recommended PraLtice applicable ￿ iharilies preparing Ih¢iJ' aCCo￿nIS
in accordance wilh the Financial R¢porLing Siandard appliLable in the UK an(1 Rq>ubliL of Ireland IFRS 1021- issued on 16
July 2014, and Oinended with elf￿( from l January 2016 and wilh ¢ff¢ci from l Janu)ry 2UI9.
PATKOIYS
In Tec(Trgnition of his six years as Chair. Martin Levy was made a patron of ihc S￿letY following his decision to step
down froTn ihe rolc und resign as a trust¢L' with effe¢t from 18 Novcmber 2023. There have bccn no other Changes io
thc Socicty's Pairons since ihL In￿lee5, l&si rL¥ort.
.STRUCTURE, GOVERNANCE AND MANAGEMENT
The Socieiy is a registered Lhdriiy. number 271838. and is ￿sLItU1¢d by Trust Deed datd 23 April 1976.
The Society Inanabwed by 41 Conimiilee which compris&8 the ITUStees and ex-olTKio tn¢mbers natned on pagr 2. The Iruslees
have bLen in offiLe from l April 2023 t(Tr th¢ date (Trf this report unlc&s otherwis¢ stsied. The apTK)intn￿n1 of Irusiees is
bTOVCTncd by thc Trusi Dccd ofihe s￿iety. Thc Coinn)itt¢e of TTUSt¢es is authorised lo dpwint new thisiees ¢0 fill vacdncies
iITising throubTh resignation or deatli of an exisliThg tnw. Any training need5 will be dcterniined according 10 iliL experience
ajid abilitics uf Laeh trusiee.
The s￿Iety's Cornmittcc meets ai le&si four limcs vdch year. to agree the broad strategy and areas of activity foi. th¢ Society.
includin¥ con%idcration uf giant making. events and financial p￿rf0M?ance. The Cornmittee also has on Evcnts Sub-
committee. a GranL% Sub-Lotnmitiee and an Editorial Panel (for its annual Joumail.
OBJECTIVES AND ACTIVITIFS
The SoLieiy's objectives are lo fosler and promoie amon¥ the geJ]erdl public the knowledge. undetstanding and Jpprectolion of
Ihc decoraiive arts froin 1¥50 to the prcsent day. particularly in Great Briiain. Europc and (he USA, and to encourage, proinote,
disserninaie and publish scholarly rescarch inio the decoraiiye arts.
Tlic t￿sIcL$ confimi thai they liave referred io tho Charily Commission's guidancc on public benefit when reviewing the
Society's aims and objeciives. in planning a¢iivitie$, and setling the grant making policy for the year.
CJrants available fall into thrce categori&8-
Collection4 Arces% Gr*ttt5: two annual grants. of up to £75W eadL which aim to supix)rt curarorq in extending
aLC&SS to. and knowledge of. the decorative arts in their colll￿10￿s. Additional wants. may be awarded ￿ the
discreiion of Ihe Iruslee5.
lill Grants for Museum Acqul$ltlon$- support for publiLly fijnded mu*unis in acquiring objects for (heir
collcciioiis which fall ￿lI1)In the caiegorics and timLscalc COVLYed by the Sociely. Nornially no more Ihan half of
the purchasc price will be coniribuied, and no grdnt will excced £2,1MK) cxccpt ITi LxLeptional circumstances and
at ihe discreiion of the tnbslees.
liiil Grants to support Research and Tr•vel: two grdnts w annum. of up lo £l,O(K) cach. to assisi with ￿aVe1 and
subs'i&tenLc Lonnecied with research in tho dcwraliv¢ drts. They ar¢ availabl¢ lo dc￿ratIVe ails professiondls.
reseurchcrs and w)stgraduaic studen￿, with priorily being &iiven to working in or attached io publicly
funded UK Tnu%eums or instiluiions. In additiuN with ¢ffe¢i from April 2024, on additional £l,(X)O per annuni is
hcin¥ made available for Lareer development tTav¢l grants {b¢in¥ sniall Trtrel griDls to enable ¢libFible
individuals lo ¥tt¢nd. for example. Lonferences and seminaTS)_
The iruslucs also considcr applications for other grants thai fall within the paramders of the in￿reSiS o(the Society.
In addition, th¢ 8wi¢iy mcets it8 public benefit obligaiions by:
Publi.%liing research in it% annual Joufftal. much of which mighr otherwise reniain unpubli8hed.
FnLtsuraging qiudeni mcmknhip of thc.Socicty by offeiing a reduccd sllbscription ￿tc.
liiil Having its own websilc: and
livl Running a progrdrnrne of free lecturrt via Zoom.
l)A% A¥cwnt$ Ywaruided 31 March 2024 FINAL

THE DECORATIVE ARTS SOCIETY
1850TO THE PRESENT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024- conilnued
ACHIKVEMEN'fs AND PERFORMANCE
Durins the year. in pursiM¢e of it5 charitable objective5. the Society ha5 made rh¢ following grants..
Dorich Floii%, Kingston-upon-Thames- Collection5 Access Grant of £5.(W;
Lotherton Hall, Leeds- Lolleclions ALCeSS Oranl of £2.5￿:
Stourbridgc Glass Museum- Collcctions Access Grant of£5.￿.
￿l￿heY Museum- £2,OM towards the purchasc of som¢ Herkomer enamels: and
a Re.sear¢h Travel Grant of £l(K).
Th¢ Socsety a150 publithed its annual Journal and ihree Newslette￿ and Orga￿15¢￿ thc followi118 events.-
Ovcrs¢as study tours..
Vicnn
Krakow and ZakopaDe
Gray MCA Exhibition
W¢stmirL$t¢r Cathe<lrdl
Wainwrights. Colleciion
Ascoll H¢)use and (idrdens
Rodmarton MarKTrr and'frdfts Aliv¢ 2023-
Sprdker's House. Palace of Westminstcr
Tour of Hanip5tcad Garden Suburb
Whiielands. Collcgc, Roehamplon
A Norn)an Shaw house in Chelsea
UK visits=
Other:
Six privat¢ Collections
On¢ walk (Embankment. London)
Annual Meeting for Members al the Ashrnolean Museum. Oxford
These events were well supported by members.
In addiiion, the So¢ieiy ran a progratnme of five lectures via Z(K)m on lopics olrelevance lo the S(xiely's objeclives, Ihe
subjccts being..
'tottswold bandilti.. Gimwn and the Barnsleys Glouccsiershire- by Ann¢tt¢ Carruth¢rs'
'Bctly Joel - Glamour and Innovation.. Furniture and Interior Design in the 19205 and 305" by Clivc Stewart-Lo¢kharl'
'Yhe Crafi of Collabordtion.. th¢ 3 Marques5 of Bute and his artLStIC 8mup- by Jcssica Inslcy-
-kxhibiting William Dc Morgan.. Public and Critical Rccwon of De Morgaii Ceramics in the late 19, Century" by
Sarah Hardy,. and
"Owen Joncs and th¢ EArly V&A" by Olivia Horsfall Turncr FSA.
The lectures were free Lnd were well supported by both members and Don-members.
ie 401h Annivcrsary Fund, establishcd as a rcslilt ofthe 40ds Anniversary Ap￿1 launched in Novembcr 2015. has been
renamed'yhc Annivcrsary Fund"; the Fund ha5 enabled ihe Society to make the grdnts detailed above. The trustees arc very
grateful io memb¢rs who have contributed so 8enerously lo thc Fund and who havc 5UPW)rted the Sociely's events.
FINANCIAL REVIEW
The fiiiancial 5tatemcnls show a SUTplus for th¢ year of £13.322 {2023.. deficit of£R,2071. The G¢n¢ral Fund achieved a
suJplu% of £27.95312023-. deficit of £2.0141. io which a suryjlus on the cvenis prugrdjnmc niadc M significant contribution. A
defictt of £14,63112023.. £5,593) 15 atiribuled to'fhL Anniversary Fund.. as in previous ytra￿. the deficit for the year 01) this
Fund 1% due to grants being made oiit ofprevious y¢ars' d¢)nattons. The analysis of thr surplus bctWeEn the tieneidl Fu￿1 and
I'he AnniY¢rsary Trund is slated betore the transfer of £30.0(Kl b¢iw¢en funds referred kn below.
Tlie trustees aim 10 keep administration Costs lo a minimuffl. Some of the administration of th¢ Society continu¢s to be carried
oul by thc Iruslces and a number of tlie cx-officio committcc mcmbers on a volllntary basis, bui soiiie ex￿n5¢S ar¢ reiinburs¢d;
h()wevcr. IhL Soricly does have thc services of a paid part.time rTtcmber511ip secrelary and pays an lionorarium io both tlie
honorary secretary and ihc websi1¢ inanog¢r. In addilion, arc paid to Ihc Journal 2nd N¢wsleticr editors.
Unreslri¢iLd funds a5 at 31 March 2024 tolal £244.9112 (2023.. £231.6601, ofwhich £73.473 (2023.. £58,104) is allributablL to
The Anniversary Fund. The AnniNer5aiy Fiind balanLe Is siaied after a tran.sfer of£30.0(M) froin ihe General Fund. in
reLosTnilivn of surplusls aLhieved on the even15 programme vvcr ihe pa%i ¢hree yeaT5.
DAS Acc￿1￿15 Yearen¢kd 31 MaTch 2024 Tr'INAL
Pagc 4

THE DECORA TIVE ARTS SOCIETY
185Q TO THE PRESENT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024- continued
RESERVES POLICY
Thc 81)cicty ha% a i'cscfvL￿ poliey in place dL$ign¢d to protect the finallcial w)bition of the Society agdinsl any untxpcctcd
horifall in ÈTrc()me (tor example. subscriptions) or incrcasc in expendilure (for example. Journd ¢osts). ReseTV¢8 ar¢
required lo enable ihe SoLiety io fulfil its publiL b¢nefil obligativns bhould there be a detenordtion in Ihe SuLiely's fJDallLial
tx)silion.
ic tnislecs considci. thai thc Icvel of r¢s¢rvos Ibcing total unrcstrict¢d fuDd5) 51iould ￿ sutricicni to guard against a
significant dctcrioraiion in thc Socicty's finan¢iaS position ovcr a thrc¢ y¢4r pcri(xl: on (his basis. the minimum level of
rescrvc8 required is £12D,I)(K). This level 15 revi¢w¢d pcri(xltcally.
The Society'% total unrestricted fun(ts arL' currently significanily in exccss of ihc minimurn Icvel of irsrrvcs ￿qUirL￿.
Flowevet, gyven thc inCrL.as￿ in grants available and poieniial incrw&s in Journal and Newslcttei costs. the trustee￿4 consider
Ihat no aLtion ib required io addrebs ihis exLe88.
FUTURE DEVELOPMENrs
Since the year end, the Society htL% reviewed ils grant making wjlicy. as a result of which Coll￿11￿nb Acce4s Grants have been
increased from up to £5,000 each io up lo L7.500 each. In addition. career developme￿1 wavel grdnts are being made available.
d¢8cribcd llndcr"Objcctive5 2nd Activitits"
Tl)c Sociery is ciirrently dcvcloping? a programm¢ of events to mark its 50 Annivmry in 20254. Further dct&ils will be
announced in thc Newslctter8 in du¢ cour￿.
RISK MAf4AGEMENT
The ITU%tees aLtively review major risks which the Society faces on a wlarbasi& The wific risks to ihe SoLiety are a fall
in silb￿riptiOn level. & drop in evenls income. increase in administraiion. Journal and Newsletfrr cosL%. Further riskb Lome
ITOM unforeseen expenses io the Socieiy. The ttustees also examined other operdtional and busin¢ss risks taced by Ihe SoLiety
And confimj that Ihcy have esiablibhed systems io miiigaie significant risks.
.8TATEMENT OF TRUSTEES, RESPONSIBILITILS
Law applicable to charitics in England and Wales rcquiies the tru￿teS io prepare financial staiements for each financial Y￿aT
which giv¢ a true and fair Yicw of thc charity's financial aciivities durin¥ the ycarand of its financial rK)sition at the end of tlic
year. I￿ prcparing thosc financiJl staicmcnts. the tru5tces are requir￿1 to..
selcct sui(able accounting policies and th¢n apply thcm consistcntly:
make jud¥emenis and esiimaies thai are reasonable and pwdent-
tatc whether applicable aLc{￿Aling sthndards and staiements of reLommended praclice have been followeil,
tsubjcei 10 any depc)rlures disclosed and cxplaincd in th¢ financial s1alcn￿￿1S.' and
prcparc thc fEnancial statements on thc going concern basis it is inappropriate to pr¢sum¢ that th¢ charity
will egntinue in operation.
The imstees arc rcsponsiblc for kccping accouniing re¢ords which diglosc with t￿$0￿#b]e accuracy ai any time the fiiiancial
posilioth nf the charity and cnablc Ihcm io ¢nsure ihgt ihc fLnanciJl statCTncnts coinply with ihe Charitics Aci 201 l. They are
also rcsponsible for safeguarding ihe ass¢L% of the charity ar￿ hcnce for taking rG*onable steps for the prevention and
dctcction of fraud and other irrcgularities.
AppTOV
rhe trU.Stees on 22 Oclober 2024 and signed on their behalf by=
Alex Werncr. Cliair
l)A% A¢¢wni% Y¢gr cnd¢d.11 Mèr¢h 2024 klNAL
Page 5

THE DECORATIVE ARTS SOCIETY
IX5Q TO THE PRESENT
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE DECORATIVE ARTS
SOCIETY
I report to ih¢ truslecs on my cxaminalion ofthe lor The Decoraiive Arts Society {'th¢ Sockcty,) for ihe ycar ¢nJcd 31
MaiLh 2024.
RcspoNsibilitiLs %nd basi5 Df TepDrl
As ihc charity tnistces of the Society Y(￿ arc responsible for the PT¢paiafion of thc accounts in accoTdanc¢ with th¢
requirejncnts of the Cliarilics Aci 2011 I'the Act'l.
I report in respect of iny examination of the Society's accoutTr15 carried out under 5CCtion 145 of the Act ond in Cdrrying out Iny
Lxaminatioii I have followcd all the applicable directions given by ihe Choriiy Cotntnission uiidLr &￿tIOn 14515Xbl of thL Act.
INdependen¢ examffiner's st*temefyt
I have cuinpleled my examinalion. I confirm thdt no rnaterial matler has come to my attention in conn¢¢lion with the
examination giving me cause to believe that in any Tnaterial respect..
Ac¢oiinling records were not kepl in res￿￿¢1 of the Society as requirgj by scciion 130 of Ilie Act.. or
2. The ac¢ouiit5 do not a¢coTd with those T￿ordS. or
3. The accounts do noi comply with thc appli¢ablc rcquircmcnr.$ Concerning thc forni and contcnt of accounts sct ou( iii
the Charities IAccounts and Reports) RegulatiOTbS 2(￿￿ other than any Icquirctnenl that th¢ accounts give a 'tru¢ and
fair view. which is noi a maller considered as part of an independen( ex￿in#l￿on.
I have no ¢oncern% and havc cotne acro&s no other matteTh in cOnn￿tion with the ¢xatnination 10 whiLh attention should be
drawn in this report in ordei ￿ en&ble a Proper undetsianding of the ULcounts to be Teached.
David Sandcrs FCA
Shecn Stickland
(.'hartered ALCOUTltants
2 Oriel Couri
Oiney Park
Alton
Hanipshire
GU34 2YT
Datc..
DAS A¢collnis Yegy entsl 31 MaKh 20?4 TrINAL
Pa8c 6

THE DECORA TIVE ARTS SOCIETY
1850 TO THE PRESENT
STATF.MF.NT UF FINANCIAI. ACTIVITTF.S
FOR THF. YF,AR ENDED 31 MARCH 2024
Unrestricted
nd5
Unre.Flriclvd
Fund.Y
2024
2023
Note
INCOME
Subwrip¢ion$ and donations
Member5. sub￿rIptionS
tN)nations
21.799
3.469
21.n70
10.807
31.877
Incorne from charitable attivities
Vitsits and sludy Iwrs
Otl)er incoinc
82.396
242
13,280
210
82,638
13,490
Other tr#din% attivities
Salc ofjoiirnals
Advertising
3,250
6.300
3,I7(1
6,360
9,550
10.23n
IneomL. from illvegtments
5,071
1.203
TUTAL INCOME
122,527
50.8110
LXPENDITURE
Expenditure on charitable activitie5
Expenditure on visits and study tour
Ex￿nditUTe on Jliurnal and N¢wslelLer production
Granls and donations
56,2¢K>
22.16¥
15,1(K)
150
9.986
28,(JJJ
1.1.400
90
Lceiiire costs
Goveinance cosl5'
2,088
8.409
5.090
2.355
7,510
3.649
Othcr support eosts
Other expcnditur¢
10
TOTAL EXPEIYDITURE
109.205
65.tlQ7
NET MOVEMEIYT IN FUNDS
13J22
(8,21P7)
Total funds brought fonvard
231,660
239,867
I'OTAL FUNDS CARRIED FORWARD
18& 19
244,￿2
231,0611
The noie¥ on pages 9 co 15 forni pan of thes¢ finan¢ial bLqiemenLs.
ThC￿ wcro no rcc(Trgni%cd gains or for eithcr 2024 01 2023 other thon th0￿ Incl￿1￿ in Ihe Siatrmcnl of Financial
Activities. Th¢ iiiLomc and rcsults derive from continuin¥ aLIiVl1iL%. All the inc4)me and Cxpenditure IL) th¢ year8 elided 31
Mtirch 2024 and 31 March 2023 relate tv unrestricted fundb.
I)AS A¢¢ovDi% Y¢AroiM )1 Mllreh 2024 FINAL
Page 7

THE DECORATIVE ARTS SOCIETY
1850 TO THE PRESENT
BALANCE SHF.F.T AS AT 31 MARCH 2024
21124
2023
Note
FIXED ASSETS
Tangiblt a55eis
14
24
53
CURRENf ASSETS
D¢biotY
15
7.550
3.132J
Ca8h ai bank and in hJnd
16
259.336
280,53J
Total curreDt as5ety
266,886
289.556
CREDITOKS- amounts fxlling due within on¢ year
17
121.928)
(57,929)
NF.T CURRENT ASSETS
244.958
231.027
NLT ASSETS
244,982
231,060
THY, FUNDS OFTHE CHARITY
Unrestricted funds
18& 19
244.982
231,600
ThL notes on pages 9 to 15 fom) part of these finan¢ial statemenls.
Appioved by the trnstees on 22 Ociober 2024 and signed on their behalf by..
Alex W¢mcr (Chairl
Sarah Nichols IHotKprary T￿&surer)
l)AS Ac¢ounL4 Yearended JI 2024 PINAI.
Pagc 8

THE DECORATIVE ARTS SOCIETY
1850 TO THE PRESENT
NOTES TO THE FINANCIAL STATEMENTS
STATEMENT OF COMPLIANCE
Th¢ Dccorative Arts Socicty 1850 to thc Prcscnt {'thc Socicty'} is an unincoryporal￿ charity rcgist¢rcd in England.
Lharity number 271838. The re¥ISter￿ addTe%s is P.0. Box 136. W(KMlbridge. Suffolk IP12 ITG.
The financial statements ore pres¢nled in ilcrling. which is rhe filnctional cuffenLy of ihe SoLieiy. and rounded lo Ihe
nearest pound.
ACCOUNTifiG POLICIES
Bas1& of preparatlott Ind a&se&smenl olgolDg concern
The findncial siat¢mcnts havc b(%n preparod undcr ihc historical cost convcntion wilh items recognised ai cost 01
transaction value iinle88 Qtherwise statcd in the relevant note to these finanLial siatemenrs. The financial statement% have
been prepored in oc¢ordan¢e wilh "Accountin8 and Reportin¥ by Charities: s￿lement of Recommended Practice
applicablc to Chariti￿ pr¢paring thLir accounL8 in accordancc wilh ihe Financial Reponing S￿ndard ￿plICable in th¢ UK
and Republic of Irelfjnd {FRS 102)" (-the.8ORP'). i&sued on 16 July 2014 and amended with effeLt fr￿n l January 2016
nd with effect trom l January 2019, the Financial RepTrrting Standard applKable in the Uniied Kingdom aiid Republic of
Ireland IFRS 102) and the chariti￿ Act 2011.
The ScKicty constituics a public benefit enlity as defined by FRS 102.
The tTU%tces eon.4idcr that thcrc are no maicrial unccrtainttes alK>Ut thc Soclcry's abiliry lo ¢ontinuc as a bioinbT conccm
arbd that tlicrc arc sufficicni futL(Ls to cnable the S(*icty to operaie for ihe (0￿sCrab]C future. There ar¢ no 5jgnLfJcant
ar¢as of adju4tmcnt OT key a&%umptions that aifeci items in Ihc financial biaiements.
Funds Strueture
Restrilted funds are funds which are Lo ￿ u%d in accordance with specific Testticlions imposed by donors which h4ve
becn Tai.sed by d)e charity for panicular purpos¢s. The aim and use ofe8¢h resiricied fund are set oui in the notes io the
rinanLial stdiemenls.
Unrestricted funds eomprise those fiinds which the trUstl￿ arc free io use for any purposc in furtherance tsf the Soeicty's
charitable objeets. Unrestricted funds ineludc funds which the trusiees, at thcir discrction. hAv¢ created for a $￿t]rie
purpose. An analysis of unrcmricced fuNls is prcscnied in nolc 18 to thc financial st8￿Ments.
Ineome recognltion
All income is rwo8ni8¢d and included in the Statement of Financial Activit￿ onue the ¥haTity ha8 enritlciment to the
income. thcr¢ 18 sufficient certainty of receipt and so il is probable ihai ihe ]K￿me will be received. and th¢ amount of
incvine receivabl¢ c811 bc measured reliably.
Donations and Incmbcrs. 5ubscription5 are account¢d for gross of incomc tax re￿nds. where applicablc. Income froin
visit5 and sNdy tours is shown gr05s, with th¢ a5sWIat￿ costs ineluded in cxpeThliiure on vtsits and siudy iours.
Interesl on fixcd term dcposit accounts is accounted for on an a¢cruals b&%is' other dcptkEit account intcrest is rccogni8cd
on a ￿¢Cipts basis. tat¢ inconie tax repayment interesi (arising on Gift Aid claim51 is also recogY)is¢d oli a r¢ccipts basis.
Expendlture reeognltlon and ¥4llocation
l.i#bililies arc re¢ogni.%¢d a% cxpcnditurc os soon as ihcrc is a legal or con%iructiVC obligaiion commiiiing ihc charity I
thai expenditure, li is probable rhat %ettlement will b¢ rquired and the amount olthe i)bligation Lan be measuird reliably.
All expenditure 15 ac£ounied for on an accThials basts. Suppon costs and otkr expendilure are allocated lo expenditure on
cliarilablc activities as Ihe Society does not explicitly Taise lunds and Iherelore docs noi incur any rel¢vaDt ¢xpenditure.
Cjovcrnancc costs arc allocatcd to cxpcndittire on chariiablc activiti￿. as rcquircd by Ihc SORP. LLXtUTC Costs aTC
allocatcd to cxpenditurc on charitablc activilits. AnalysL¥ of governance Costs. othcr support cosis and other ¢xp¢nditUTe
8re presented in notc5 9. 10 arKJ I I rc5T￿livc1Y to thc financial sratemcfj￿.
Irre¢ov¢rable VAT
Value added tax ('V AT'I is noi recoverable by ihe Society aTKI. as such, ￿ ir￿l￿d¢d in rhc relevant costs in the Statement
of Financial Activities.
I)A% AL￿￿Tris Ye&rcntsl JI Morch 2024 FINAL
Page 9

THE DECORATIVE ARTS SOCIETY
1850TO THE PRESENT
NOTES TO THE FINANCIAL STATEMENTS - eontlnued
ACCOUNTING POLICIES- con11n￿ed
T•nglble flxed assets
Depreciation is provided at the following ¢lnnual rat&% in ordcr lo write off each over ils estimated u¢L.fiil life.
Pldnt and Inachinery. ¢￿- 25/0 reducin¥ balance basis
For¢Égn curreThcie$
Transactions in forcign CUFrertcics arc translated into stcrling at th¢ ra(e of cxchang¢ wling at Ilic date of IraDsactlOl1.
Asseis and liabililies in foreign turrencic4 arc translai¢d into sicrling ai ralc of ¢ichangc ruling at the balance shect
date.
MEMBERS. SUBSCRiwfioNS
Unrestrieled
Funds
Unre.¥lrleied
2024
2023
Subscriptions Und￿ Gift Aid
Othcr subscripti0fbS
12.842
8.957
12,583
8.4¥7
21.799
21,070
DOPIATIONS
Unre*tr5cted
Ullreslricted
Fund.Y
2033
2024
])onation8 to The Annivcwry Fund {notc 18):
undcr Gift Aid
other (including Icgacies)
-369
0,239
469
7,107
3.000
Oiher donalion5
3,0(X)
3.469
lo,￿07
VISITS AND STUDY TOURS
Unrestricted
Funds
Fund.$
2024
2023
ReLeipts from partlCLPatlll8 membcrs
112.396
J3.2811
OTHER INCOME
Unrestrlcted
Funds
UnrestriTets
Fiiffd.
2024
2023
Rafflcs and fundr&ising
R¢Lycling for charity
218
24
242
21U
DAS A¢¢oi•i$ Yearthd¢d 31 March 2024 FINAL
Pagc 10

THE DECORATIVE ARTS SOCIETY
1850 TO THE PRESENT
NOTES TO THE FtNANCIAL STATEMENTS- eontlnued
INCUMF. FRQM Ir4vv.si'MLNTS
Vnrestriclcd
Fonds
Unresiricied
Funds
2112.1
2024
Dcposit account and other inicrcsi
5,071
1.2n3
GRANTS AND D()P4ATIONS
Vmrestrleled
Fwnds
Unrestricied
Fund
202J
2024
Grant5 to Instltutions:
Dorkcli Ilousc. Kinston-uw)n-Thames
Lothcrton Hall, Lccds
Bii8hcy Mus¢um
The Hepwonh, Wakefjeld
Stourbridsc Gld55 Muscum
Williamson Art Gallery & Museum. Wirral
GraDt5 to lMdI￿dua15.
2.5(M)
2,0(K)
5.fllJ(I
5.(Mn
2.400
Rcs¢ar¢h irdv¢l granl
600
I,(KJ(I
15,1(J)
J3.41KJ
All bprants and donations are made from Th¢ Anniv¢rsary FuTKi. tknaiions madc in lieu of cntyance fecs on visits rnadc
by thc Socicly arc included in-F.xpcndiiurc on visits and Study tOUTS-.
COVERNANCE COSTS
Unrestricted
Fwnds
2024
UKreslric*ed
Funds
2023
Independeni examiner's fec
Le&*al fces
Meeting costs Itrayel expen%%)
1.824
1,716
on
579
2fy1
2.088
2,355
I)AS AcLoiints Ycarthdc(131 Marn'h 2024 F'INAL
Pagell

THE DECORATIVE ARTS SOCIETY
1850 TO THE PRESENT
NOTES TO THE FINANCIAI. STATEMENTS- conilnued
Ill. OTHV,R SUPPORT CO,%TS
Unrestrleted
Fumds
UMrestriet¢rf
F￿￿￿.%
31123
21124
Mthnbcrsliip Sccrctary costs
Honorarium (Honorary Sccrctary)
DcpTeLiaiion
6.6(K
1.8(Kl
1.511n
In
8,409
7,510
11. OTHER EXPENDrruRE
Unrestrieted
Funds
Unre.iiricied
2024
2023
Annual Mccting? for Membcrs
Dir¢ci dcbii and PayPal Charg
Insurance
482
439
017
4n2
371
l.lonorarium (Web.¥ite Mana¥er)
Other webblle support cosls
r.xchangc differcnccs
Ilank charges
Sundry expen￿
1.81X)
61KI
1,200
3Lf(
457
(35)
798
603
5.090
3,649
12. TRUSTEES, EXPENSES AND RF.MUNERATION
Th¢ tru%ieu and a number of the ex-oificio committe£ members all give freely of their tim¢ and cx￿rtiSC without any
form of rcmuneration or other benefit sn cash 01 kiTKi (2023.. £Nil). with th¢ following cx¢eptions-.
Trustces who organis¢ ev¢nis. including stlldy lours. are off¢red fre¢ places on such events in recognilioji of Iheir
¢xpcrtis¢ and tim¢ S￿nt organiskng thcsc cvcnts. In addilioru certain ¢x-officio committ¢c mciiibcrs ar¢ offcred a free
place on UK cvcnis and 2 discout]t on th¢ Cosi of oiie study iour pcr annum. in recogniiion of thc work they do for the
Sociciy on a'bro bono" or below mark¢t rdie basis. Thu¢ bencfits are properly authoriscd and considered lo bc in
the Sociciy's inlcrcsts.
Fces are paid lo the ex-0￿1ClO Journal and Newsletter editOT5- these fees are included within "Expelldilure on Journal
and Newslcttcr production"
ThL ex-ofticio membership secrewy 18 paid for her Servi￿ (see note 101.
The honorary secretary is paid an honorarium amouniing ￿ £1.8(M) annurn14K nole 101.
The website manager is paid an honorartwn ainounling to Èl,8(MJ perannum (see note I l ).
No Irdv¢I ¢xpeiise5 were paid lo Iru51ees during ihc ye3r (2023= £Nill. TTrv¢l expenscs paid to ex-0￿)C10 coininillce
tn¥inbcrs in tlie ycar totalled £26412023". £57)C ).
IJ. STAFF COSTS
Th¢ Society has no eTnpIoyL*. Accordingly, Ihew w¢rc no stafY¢osls in Ihe yeareiiding 31 MaTch 2024 1101 iii ihe ycar
Ln(ling 31 Marcli 2023.
()Aq AccDithi% Year¢ndttl 31 Mareh 2024 frINAL
Pagc 12

THE DECORATIVE ARTS SOCIETY
1850 TOTHE PRESENT
NOTES TO THE FINANCIAL STATEMENTS- contlnued
14. TAf4GIBI.E FIXED ASSETS
Plant michinery, elc
Al l April 2023 and at 31 March 2024
2.385
DEPRECIATION
Al l April 2023
Charge for year
Ai 31 MarLh 2024
2.352
2.361
NET BOOK VALUE
At 31 March 2024
24
At 31 Ma￿h 2023
33
15. DEBTORS
2024
2023
Tax reLoverdble
2,471
1.829
3.250
2,OY3
2.57
Payinenis in ddvanL¢
Oili¢r d¢biors
73
7.550
3.023
16. CASH AT BANK AND IN HAND
2024
2023
BarLlay.s ¢urreDt acLount
Barclays dep05Lt acLOUnt
Barclay5 euro account
Scottish Widows- CAI.. base rdte Irdcker
Shawbri)ok Bank- CAF 60 day notice account
PayPal
8269
152,72U
7,953
89.377
J09
10.()32
110. 125
119,611
1,85
1.017
259,336
286.533
I)AS A¢toiillts Y¢attyid¢d JI Mhrch 2024 FINAL
Page 1.3

THE DECORATIVE ARTS SOCIETY
1850 TO THE PRESENT
NOTES TO THE FINANCIAL STATEMF.NTS- contlnued
17. CREDITORS- falling due wlthln o￿t vear
2024
2023
A¢Lru¢d ¢xpens¢S
Poyincnts rLr¢ivcd in advancc (see table below}
Oiher LrL'ditors
1,824
18.430
1.674
1. 710
52. 769
3,444
21.928
57.999
'Paym￿ltS receivcd in ￿VanCe- primarily represents amounts rt*eived froin members to parti¢ipat¢ on Ptibt yeai. end
vi%iis and, iii parttcular. study tours, as detailed in the table below-
2024
21123
Balance at l April 2023 (2023.. 1 April 20221
Amounl rcleased lo income fTom visits and study I￿rS
Amounis received for post year end visits and study tours
Balance at 31 MarLh 202412023= 31 March 2023)
57.769
157,769)
18.430
(0,51(1)
57,769
18.430
57.769
18. ANALYSIS Ob. FUND MOVEMKNTS
Movements in vexr ended 31 M%rch 2024:
Transfers
betw¢en
Bal*nc¢
at l Apr1]
2023
Balanc¢
at 31 M4rch
2024
Income
Eipettditthre
Unre$trl¢ted funds:
Gciieral fund
173.556
58.104
122.058
469
(94.105)
{15.IIM)I
(30.￿￿)
30.000
171,509
73.47J
The Anniversary Fund
Total unrestrlcted fund5
231.660
122,527
(109.2051
244.982
RL%tt4ctcd lunds
Total fund5
231.660
122.527
1109.205)
244,g¥2
All th¢ income atKI expcndilure in thc year cndod 31 March 2024 relat¢s to unTestri¢ted funds.
Thc iransfcr of £30,0(Ml from ihc ¢Je￿ra1 Fund w The Anniversary Fund ts in recognition of su4)luses achicvcd on the
events progra]Mme over the pasi lh￿¢ yvdrs.
DAS Acrounly Ycar cndcd 31 Matth 2024 PINAL
Pagc 14

THE DECORATIVE ARTS SOCIETY
1850TU-fH£ PRESLNT
NOTES TO THE FINANCIAL STATEMENTS- continued
111. ANAI.YSIS OF FUIYD MOVEME.NTS {¢Trntinued)
M•wements in
r ended31 March 2023..
Transfe
beiweem
Bolance
1 1.4pril
2022
B4lurte¢
at 31 Mdrch
2023
LrpeRditsr£
UNreKrictedfund.f.-
GL'J7LJrulJiiird
The Annivvrsaiy Fund
folal U￿re.￿rIcted￿Mn￿¥
R¢sirfei¢dfMnds
Toialfmnds
176,370
63.497
48.$193
7.807
(51.OQ7)
(13.400)
(20Q)
20Q
17J.556
58. 104
239.167
50.8tK)
(05,1)07)
23J,060
239.807
50.800
105,INJ7)
23J.060
All ihe Inc'ome ond expendi1￿re in thÈyeur end¥d 31 Marcli 2023 relales to unroFlricledJund.f.
The fiun.llèr v]'£200fi¥JNi ihe Genei'al io The Anni￿try￿ry frund relaldr lo a d{￿oI10￿[r(￿n ihe.¥uryylus ￿[Ike iiisii ro
ÉhL. John LewiJ PuTliienhiii Heriiage Cenire,fur whiLh ct)SLf I￿￿￿. inLwrred.
The 40, Anniyersary Fund. established as a Muli of ihe 4O1h Anniversary Appval launched iii Noveniber 2015, ha5 bten
renaJMed"The Annivcrsary Fund" Ihe Fund aimb 10 ofltr linancial buppon w musLums wid decorative drts schol￿.5. 111
th¢ year ended 31 MarL'h 2024. 8ranis of £15,1(N) (see note 8) wefe made from ihe Fund.
19. ANALYSIS OF f4ET ASSETS BETWEEN FUNDS
The nel as5cts al 31 March 2024 and 31 Match 2023 were all held within unrcslricicd funds.
20. RELATED PARTY T114NSACTIONS
Certain IrustL'es arL employed in a curatorial ￿￿pa¢llY by organisations which have receivcd 8Tanls from die Society" the
tjusieeb concerned abstained froni the decision makin8 proces5 wilh regard ¢0 ihc5e grdnts.
Following the Annual meL￿ing foi MembeTh held in November 2023 at the Ashmolean Museum, Oxford, for whicli no
Ih3Tg¢ madL t(Tr thc S()L'iety. a donation wab made to lh¢ Museum. Matth¢w Winlkrix)twm, a trustee. Is a seni￿.
curator d( the Mu.4eurn bul was not involved in the deLision ￿ niake th¢ donalioii.
Judy Rudoe, a fom)er irustee, Is a trust¢¢ of The Albert Dawson Edu¢ational Tnjsi. The Albert Dawbl)n Educalional
Twst niakcs an annual contribution {ineluded withiA don￿l0￿s- see note 41 ￿ the cosl ofpublishing ihc Soci¢ty'5
Journal.
I)A.￿ Accoun15 ye0rL￿[kXi 31 MaT£h 2024 klNAL
Page 15