17/10/2021, 18:30
Print annual return | Charity Commission
(https://www.gov.uk)
Charity Commission Annual Return 2020
Charity registration number:
01/01/2020 31/12/2020
£ 85,033 £ 65,495
https://portal.update-charity-details.service.gov.uk/group/annual-return-2020/print
1/4
17/10/2021, 18:30
Print annual return | Charity Commission
No
No
No
No
No
No £
No
https://portal.update-charity-details.service.gov.uk/group/annual-return-2020/print
2/4
17/10/2021, 18:30
Print annual return | Charity Commission
No
No
No
£ 0
12
Yes
https://portal.update-charity-details.service.gov.uk/group/annual-return-2020/print
3/4
17/10/2021, 18:30
Print annual return | Charity Commission
https://portal.update-charity-details.service.gov.uk/group/annual-return-2020/print
4/4
REGISTERbD CHARITY NUMBER: 282018 Report of the Trustees and Unaudited Financial St*tements for the Year Ended 31 December 2020 for Designer Bookblnders Bullimores LLP Chartered A¢countanls Old Printers Yard 156 South Street Dorking Suttey RH4 214F
De8lgner Bookbinders Contents of the Fin#nei¥l Statements for the Year Ended 31 Deeember 2020 Page Report of the Trustees I to J Independent Examiner's Report Stalement of Financial Activltles Balance Shcct Notes to the Financial Statements 7 to 13 Detailed Statement ol Flnxneial Activities 14 15
Deslgner Bookbinders Report of the Trustees for the Year Ended 31 December 2020 Th¢ twstees preseni their report with the flnancial statetnenls of the Charity for the y&qr Cted 31 Decembcr 2020. The ustees have adopted the piovisions of Accounting ond Reporting by Charitie5.. Statement of Reconjmended Practice applicable to charities preparing rh¢ir accoutlts in accordance wilh the Financial Reporting SthtKlard applicable in the UK and Republic of Ir¢land (FRS 102) (effective l January 2019). 0ECTIVEs ATr4D ACTivrrtES Objective8 and #ims The Society is devoted to the prescryation and improvement of the art, de$ign and craft of contemp)rary bookbinding through the encoutagemertt. exer¢i8¢ and maintenance of standards. and the promotioD of public interest in the ary design and craft of Gontemporary bookbinding. Publi¢ benefit In planning our activities for tbe year we kept in mind the Charity Corntni&8ion guidance on public benefit at our tn]stce alld cornrnittee meetings. ACHIEVEMENT AND PERFORMANCE Charitable actlvitles The So¢icty published its a1U81 edition of 'The New tJ¢x)kbiThdel journal. and each quarter a newsletter (2 printed 8Jid 2 electronic versions), was sent to all members. 3 Masterclasses took plaGe prior to April. No further tuition was possiblc duc to Covid restrictio8. Two bursaries of £lQO each were awarded. A virtual exhibition of DB Fellows, and Li¢entiaies' worK titled 'ABC', was on show via the DB website during the Sutnmer, and was hi¥hly successlul. The DB UK Compelition and the Inter[]atiOn Competition were postponed until 2021. The six Booker bindings, produced by six DB Fellowg for each shortlisted author, w¢re completed in October. The bindings were on virlual display on thc DB and Booker websitos. The Transferring Design project held thr¢¢ workshops in Februarylmarch and one tn Novemhcr FINANCIAL REVIEW FitiancRai positlon A surplus of £19,538 Wds made aud will contribute to the Unrestricted Reserves figure. Reserves pollcy The ¢harity has no set policy on reserves althou] uttstlockted reserves equivalent to one yearfs subscription income is deemed prudent. The International Cotnpetition Fund will be treated as allocated funds. to be wed io admini8ter the next Enternatiottal Competition and tour. The Clothworkers, Company a[U1 dowatioll is restyiGted in the sum of £750 towards the prize in ihe DB UK Compctition and £1,250 for bursari¢s awarded during the year. Pag¢ I
De5igTrer Bookbinders Report of the Trustees for the Yexr Ended 31 December 2020 FINANCIAL REVlbW Going Concern The Trustees are satisfied that the Charity is viable as a going concern in (he foreseeable fitttwe. Bud JLI4 The exeknuiive committee norn)ally tneets four tillS a year and at each me¢ting the Treasurer gives a full Matgemen1 report. ID 2020 however, due to Covid. on¢ tn¢eling was held in January followed by one Zoom meeting in seprnber where a financial report was given. All projects have their own budget which ts closely monitored. and then the actual expendire 18 analysed after tlie prnject is at an end. Any interim requests for expenditure are not sart¢tioned wiihout the agreemcnt of both thc Treasurer and the Executive Committee via email. STRUCI'URE. GOVERNANCE AND MANAGEMEIYT Coverning documellt Th¢ charity is CQAtrolled by its governing do¢umenl, a deed of tNsL and ¢onstithtes an unin¢0orated charity. De¥ign¢r B(Trokbinders is a regist¢red ¢haritable twsl (number 282018), and is constituted by the trust deed dated 3 May 1969 (amended 24 April 1999, 6 January 2017). The Executive Committee is resnSible for the execution of the policy al aciAVities of the Society. Recruitment appointment of oew trustees lThe Exeeutive Ctstnmittee shall be COEnposed of a Pre8idellt and eight others who sh&ll be electcd from and by Fellows, Licentiates and Ass()cialc8 of thc Socicty for a two ycar t¢rni of office and for additional tcrnis Wit1Ut restriction. Exclllding the president, four seats on the Executive Committee shall be tilled by f.ellows ot'the Society and fiour seats shall be filled by Associates and Licentiates, WAth a minirnum of one Associate and one Licentiate, and two others from the membershtp including Honorary Fellows at the time of electioll. Members of the Executive Conllnittee are deemed to be the TTU$tees of the Society. REFERENCE AND AJ)MINISTRATIVE DETAILS Reglstered Charlty number 282018 Prin¢ip#l addre 10 Pattison Road IA>ndon NW2 2HH Pagc 2
Designer Bookbinders Report of the Trustee$ ror the Year Ended JI December 2020 Trustees Stephen Paul Conway (appointed 14.9.20) M$ Jeanette Koch (T¢8igned 14.9.20) Ms Lois Lorraille Sauer Miss Angela Jamcs Mrs Rachel W8rd-S&le P¢ter Jones Mr8 Julia Dummett (resigned 14.9.20) Richard Beadsmoore Jo Bird (resigned 14.9.20) Nesta Davies Sarah Burnett-moore {appointed 14.9.20) Troy Moore (appointed 14.9.20) Independent Examiner Bullimores LLP Chartered Arxountants Old Printers Yard 156 South Street Dorking Surrey RH4 2HF Approved by order of the board of trustees on.......... . and signed on its behalf by. Mrs Rachel Ward-Sale- Trustee Page 3
Independent Exvdmlner's Report to the Trustees of Deslgner Bookbinders ldependent examlner'8 report to the trste¢S of Designer Bookblnders I report to the charity tnL8te¢s on my examination of the accounL% of Dcsigner Bookbind¢rb Ithc Trust) for the year endejj 31 December 2020. Responsibllitle8 and b#%is of report As the eharity trnstecs of the Tnl you are responsible for the preparation of the accounts accordan¢e with the requirements of the Charities Act 2011 {'the ACVI. I report in re$pe¢t olmy examittation of the Trust's ac¢ovnts carried ¢)ut under section 145 of th¢ A¢t and in wrying out my examination I have followEd all applioable Directions given by the Charily Cotnmission under Section 145(5)(b) of ihe Act. Independent exan)Iner'8 St#t¢meDt I have completed my examination. I cotthrni that no tnatcriaj matters have come to my attention in ¢omiection with the examinalion giving tne cause believe that in anymaterial respect.. accounting records were not kept in re8pect of the TNst as requsred by section 130 of thc Act. or the accounts do nol accord wilh those iecord%; or the accounts do not eomply with the applicable requirements concerning the form and conteTht olaccounts set out in the ChitIeS (Acxounts and Reports) Regulations 2008 other than any requiremeni that thE accounts give a true and fair view which is not a tnatter considered as part of an independent eKaminatiotL I have no concerns and have come across no other tnatters in ¢onne¢iion with the examinatiott to which atten¢ion should be drawn in thrs report in order to enable a proper understandin&> of the accountg to be r¢a¢hed. Nichola8 Booi FCA Bullimores LLP Chartcred Aceoulltants Old Piinters Yard 156 South Street Dorkmg Surrey RH4 2HF Date.. Page 4
Designer BookblDders Statement of Flnancial Activlties for the Year Ended 31 Decembor 2020 31.12.20 Total 3l.12.19 Total funds Unrestricted nds Re81ricted Notes INCOME AND ENDOWMEL¥TS FROM Donations alld subscriptions 51,323 51,323 45,147 Charltable 4¢tivitles Charitabl¢ Activities 30,918 30,918 39,701 Investment income 2,792 2,792 68 Total 85.033 85,033 84,916 EXPENDrruRE ON Charitable #etlvities Charitable Activities 41.374 41,374 42.730 Other 24.121 24.121 27,313 Total 65,495 65,495 70,043 NET INCOME 19,538 19,538 14.873 CONCILIATION OF FUNDS TotAI funds brought fornard 40251 3.000 43,251 28,378 TOTAL FUNDS CARIUED FORWARD 59,789 3,000 62,789 43,251 The notes forni part of these financial statements Page 5
Designer Bookblnders BAlan<e Sheet 31 DeceEttber 2(120 31.12.20 Total fimds 31.12.19 Total Unrc8tricted funds Restricted Notes FIXED ASSETS Tangible 497 497 497 CURREiYf ASSEIS Stocks Debtors Prq)aymellts and aocrued inwn Cash at ballk 1.000 745 1,000 745 770 48,686 63243 3,000 66,243 64,988 3.000 67.988 49,456 CREDITORS Amoullts Mling du¢ within on¢ y¢ar (2,696) (2,696) (3,702) NET CURRENT A&SETS 62,292 3,000 65,292 45,754 TOTAL ASSETS LESS CURRENT LIABILITIES 62,789 65.789 46.251 ACCRUALS AND DEFERRID INCOME io (3,000) (3,000) {J,000) NET ASSETS 59,789 3,000 62.789 43,251 FUNDS Unrestricted fimds Restricted fimds 59,789 3,000 40251 3,000 TOTAL FUNDS 62,789 4J,251 The financial statements were Lpproyed by the Board of Trustees 8nd allthorised for i88ue on and were st]ed on its behalf by: Rachel Waid-Sale- Trustee The notes fonn part of these financial statements Pag¢ 6
Designer Bookbinders Note5 to tbe Finanfial St8tement8 for the Year Ended 31 December 2020 ACCOUNTING POLICIES Basi5 ofpreparing the financial stateJneDt$ The financial statctnenis of the ehariiy, which is a public benefii entity under FRS 102. have bcen prepared in ccordan¢e with the Chariiies SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Prd¢tice applicable to cbaDties prcparing their accounts in accordance with the Financial Reporiing Standard applicable in thc UK and Rcpublic of Ireland (FRS 102) (effective l January 2019)., Financial Reporting Standard 102 Th£ Fimancial Reporting Sthndard applicable in the UK and Republic of Ireland, alld the Charities Act 2011. The flllancial statements have been prepared under the hislorical cost convention. The financial statements are presentcd in (£) which is also the filnctional wrren¢y for the charity. Flnancial reporting st•ndard 102- reduced di$d95ure exemptions The Gharity has taken advantage of the following disclosure ¢xetnptions in preparing these rubcial statetnents, as perniitted by FRS 102 'The Finiincial Reporting Standard applicable in the UK and Republic of Ireland,: the requircments of Seciion 7 Statement of Cash Flows. Ineome All income is recognised in the Siatement of Finatleial Activities once th¢ ¢harity h&$ entitlement to the fill$, it 1$ probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the ch8rity to that expendiwre, it is probable that a trans'fer of economic benefits. will be required in settlement and the amount of the obligation can be measured reliably. Exp¢nditure ig accounted for on an aCCnlS basis and been classified under headings that aggregate all Cost related to the tegOry. Where costs cannot be dir¢¢¢ly attributed to particular headings th¢y have been allocated to activities on A basis consistent with th¢ us¢ of resources. Tangible fixed a55ets Depreciation is provided at the following annual rate8 in order to writr off each asset over its C%timated use1 life. Plani and machinery 20°/fj on cost Twtion The chatity 18 ex¢Tnpt from tsx on its charitabl¢ activities. Fund accounting Unrestricted funds can be used in accordance with the charitable obj¢ctiv¢s at the dis¢retion of the twsiees. Restricted funds carl only be used for particular restricd pu0$e8 within the objects of the charity. R¢stri¢tiot arise when spr¢ified by the donor or when funds are raised for particular restricted purposes. Page 7 continued...
Dttigner Bookbinder$ IYot¢S to the Financial Statement%- continued for the Yellr Ended 31 Decernber 2020 INVESTMENT INCOME 31.12.20 31.12.19 Dividends DBPL Deposii acevunt inierest 2,257 535 68 2,792 68 TRUSTEES, REMUTr4ERATION AND BENEFITS There were no thtstees, remunerntion or other benefits for the year ended 31 December 2020 nor for the year endcd 31 December 2019. Tru5tees' expenses TnL8lees expenses of £403 {2019 - £664) We paid in wect of travel aTLd tneethng expens¢s, stationery and other costs in the yeat ended 31 DecernbEr 2020. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTlVtTIES Unresiricted nds Restticd funds Total nds INCOME AND ENDOWMENTS FROM DotJa(ions and subscriptions 42,147 45,147 Cbarltable attlvltle8 Charitable Activitie8 39.701 39.701 IlltMent income 68 68 Total 81,916 3,000 84.916 EXPENDrruRE ON Charitable activitle8 Charitsbl¢ Activities 42,730 42,730 Other 27,313 27,313 Tot81 70,043 70,043 LYET INCOME 11.873 3.000 14,873 Transfers between funds 6,950 (6,950) Net movement in funds 18,823 13.950) 14,873 RECONCILIATION OF FUNDS TotAI funds brought forwrd 21,428 6,950 28.378 Page 8 ¢ontinued...
Deslgner BookbiDders Notes to th¢ Financial Statements- contlnued for the Year Ended 31 December 2020 COMPARATIVES FOR TIIE STATEMENT OF FINANCIAL ACTIVITIES- colltlnued Unrestricted Restricted funds funds Total funds TOTAL FUNDS CARRIED FORWARD 40,251 3,000 43,251 AIYALYSIS OF INCOME AND EXPENDITURE FROM ACTlVtTIES Activities ABC Online Sal¢ Bookbinding Competition Booker Fellow Binding International Bookbinding Competition Joint Workshop with Society of Bookbinders The New Bookbindcr Mastercla8qes TranSfring Design Newsletter Other Income 2,062 1,132 11.086 4,999 663 9,138 1.617 2,062 156 1,394 4.999 1579} (S,622) 627 (3,748} (5,379) (1.366) (976) (9,692) (1242) {14,760) (990) (3,748) (5.379) (1,587) 221 30,918 {38,374) (7.456} TANGtBLE FIXED ASSETS Plant and machinery COST At l January 2020 and 31 December 2020 11,837 DEPRECIATION At l January 2020 and 31 December 2020 11,340 NET BOOK VALUE Al 31 December 2020 497 At 31 December 2019 497 P3ge 9 continued...
Design¢r Bookbinders Notes to thc Fin*nelAI Statements- eontinued for the Year Ended 31 December 2020 STOCILS 31.12.20 31.12.19 Stock8 1.000 DEBTORS: AMOUNTS FALLINC DUE wrrHIN ONE YEAR 31.12.20 31.12.19 Oth¢r dcbtOTS 745 CREDrroRS: AMOUNTS FALLILYG DUE WITHIN ONE YEAR 31.12.20 31.12.19 Othtt cr¢di¢ors 2,696 3,702 io. ACCRU AND DEFERRED INCOME 31.12.20 31.12.19 Aecnjals and deferred income 3,000 3,000 MOVEMENT IN FUNDS Net movement in funds At 31.12.20 At 1.1.20 Unrestrlcted funds General fund International Competitson Fund 33JO I 6,950 3,072 16.466 36,373 23.416 40251 19,538 59,789 Restrlcted fun41s The Clothworkers Company 3.000 3.000 TOTAL FUNDS 43,251 19,538 62,789 Net movemen¢ in fund% included in th¢ above ar¢ as follows.. I01 resources liesources expended Movement UDregtricted funds General fimd International Competition Fund 68.377 16,656 (65,305) (190) 3,072 16,466 85.033 (65.495) 19.538 TOTAL FUNDS 85,033 (65,495) 19,5J8 Page 10 continued...
Designer Bookbinder8 Noles to the Financial Statements- continued for the Year Ended 31 Deeember 2020 ii. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in ndS Transfers between At 31.12.19 At 1.1.19 Unrestrlcted funds General fund Int¢rnational Cotnpetilion FuDd (6,8851 28.313 1,133 10,740 39,053 (32,lOJ) 33,301 6,950 21,428 11.873 6,950 40,251 Restrieted fund$ Over8eas Touring Exhibition Fund The Clothwoth Company 6,950 (6,950) 3,0 3,000 6,950 3,000 (6,950) 3.000 TOTAL FUNDS 28,378 14.873 43.251 Comparative nei movement in fimds. included in th¢ above are a8 follows.. Incoming resources Rs8ou¢S Movement expen(kd Unrestrlcted fund$ Genernl fiwd In*rnational Compe¢itioTh FuDd 68.411 13,505 (67,278) (2.765) 1.133 10,740 81,916 (70,043) 11,873 Restricted funds The Clothworkers Company 3,000 3,000 TOTAL FUNDS 1$4,910 {70,043) 14,873 Page 11 continued...
Deslgner BookblDder8 IYote5 to the FinAncial Statements- contiThMe for the Year EThded 31 December 2L120 ii. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 fftonths combitlcd position 15 a8 follows." Net Transfers betwcell ovemellt in fimds At 31.12.20 At l.1.19 Unrestrlcted funds General fund International Competition Fu1 (6,885) 28,313 4,205 27,206 39.053 (32,103) 36.373 23,416 21,428 31.411 6.950 59.789 Restrleted fund8 Overseas Tourtng Exhibition Fut The Clothworkers Cotnpany 6.950 (6,950) 3,000 6,950 (6,950) 3,000 TOTAL FUNDS 28.378 34,411 62.789 A cutrent year 12 nk)nths alld prior year 12 months combined net movement in fimds. included Ati the above are as follows.. Incoming Movement in funds Unrestricted funds General fund International Compctition Fund 136.788 30,161 (132,583) (2.955} 4.205 27.206 166,949 (135,538) 31,411 Restricted fllDds Th¢ Clothworkers Company 3.000 3,000 TOTAL FUNDS 169,949 (135,538) 34.411 Page 12 continued...
Designcr BookbiDders Notes to the Finxneial Statements- eontlnued for the Year Ended 31 December 202 12. RELATED PARTY DISCLOSURkS The charity owned IOOO/o of the issued share capital of Designer Bookbinders Publicatiotts Ltd, a company that eased trading on 31 December 2019 and was dissolved on 5 January 2021. The clwity received a flnal dividend from the company of £2.257. The following fees and expen8es were paid to trustees in the period in the rtherallce of charitable activities: Ms Lois Lorraine Sauer- £1,984 for Booker Bindftngg Rachel Ward-Sale- £1.802 for Booker Bindings Miss Angela James- £513 for Booker Binding$ ¢xpenses Mrs Julia Dummett- £240 (Honorarium) RiGhatd Beadsmoore- £1,000 {Honorarium) Troy Moore- £1,000 (Editing and rnagazine production) Page 13
Designer Bookbinders Detailed St8lement of Financial Activities for tht YeAr Ellded 31 Deeember 202 31.12.20 31.12.19 INCOME AND ENDOWMEIYTS Donatlolls and subserlptlons Donations Subscriptions 30,404 20,919 22,356 22,791 51,323 45,147 Investment income Dividends DBPL Deposit account interest 2,257 535 68 2,792 68 Ch8rltable A¢livl¢ies Income frollL activities 30.918 39,701 Ttstal Ineollling resource8 85,033 84.916 EXPENDITUR Charitable Activities Expendittwe on actsvities 38,374 42,730 Other Sundries 3.631 2,213 Support £o$t5 Mall8gement Insurance Postsge and stationery Secretarial & administratLO Honoraria 'rravel & m¢etings Stordge Website Publibhing Gosts Bank interest 1.276 1,371 11,069 3,000 249 500 1,071 33 1.633 1,879 1,417 12,420 1,750 2,608 500 1,066 486 800 20,202 22,926 Governancc cost8 Accountancy fees Donations 3,288 2.124 50 3,288 2,174 This page do¢s not form part of the statuiory financial Stateen(S Page 14
Designtr Bookbinders Detailed Statement of Financial Activities ror the Year Ended 31 December 2020 31.12.20 31.12.19 Total rtsources expended 65,495 70,043 Net income 19,538 14,873 This page does not form part of the statutory finan¢ial staternents Page IS
REGISTERbD CHARITY NUMBER: 282018 Report of the Trustees and Unaudited Financial St*tements for the Year Ended 31 December 2020 for Designer Bookblnders Bullimores LLP Chartered A¢countanls Old Printers Yard 156 South Street Dorking Suttey RH4 214F
De8lgner Bookbinders Contents of the Fin#nei¥l Statements for the Year Ended 31 Deeember 2020 Page Report of the Trustees I to J Independent Examiner's Report Stalement of Financial Activltles Balance Shcct Notes to the Financial Statements 7 to 13 Detailed Statement ol Flnxneial Activities 14 15
Deslgner Bookbinders Report of the Trustees for the Year Ended 31 December 2020 Th¢ twstees preseni their report with the flnancial statetnenls of the Charity for the y&qr Cted 31 Decembcr 2020. The ustees have adopted the piovisions of Accounting ond Reporting by Charitie5.. Statement of Reconjmended Practice applicable to charities preparing rh¢ir accoutlts in accordance wilh the Financial Reporting SthtKlard applicable in the UK and Republic of Ir¢land (FRS 102) (effective l January 2019). 0ECTIVEs ATr4D ACTivrrtES Objective8 and #ims The Society is devoted to the prescryation and improvement of the art, de$ign and craft of contemp)rary bookbinding through the encoutagemertt. exer¢i8¢ and maintenance of standards. and the promotioD of public interest in the ary design and craft of Gontemporary bookbinding. Publi¢ benefit In planning our activities for tbe year we kept in mind the Charity Corntni&8ion guidance on public benefit at our tn]stce alld cornrnittee meetings. ACHIEVEMENT AND PERFORMANCE Charitable actlvitles The So¢icty published its a1U81 edition of 'The New tJ¢x)kbiThdel journal. and each quarter a newsletter (2 printed 8Jid 2 electronic versions), was sent to all members. 3 Masterclasses took plaGe prior to April. No further tuition was possiblc duc to Covid restrictio8. Two bursaries of £lQO each were awarded. A virtual exhibition of DB Fellows, and Li¢entiaies' worK titled 'ABC', was on show via the DB website during the Sutnmer, and was hi¥hly successlul. The DB UK Compelition and the Inter[]atiOn Competition were postponed until 2021. The six Booker bindings, produced by six DB Fellowg for each shortlisted author, w¢re completed in October. The bindings were on virlual display on thc DB and Booker websitos. The Transferring Design project held thr¢¢ workshops in Februarylmarch and one tn Novemhcr FINANCIAL REVIEW FitiancRai positlon A surplus of £19,538 Wds made aud will contribute to the Unrestricted Reserves figure. Reserves pollcy The ¢harity has no set policy on reserves althou] uttstlockted reserves equivalent to one yearfs subscription income is deemed prudent. The International Cotnpetition Fund will be treated as allocated funds. to be wed io admini8ter the next Enternatiottal Competition and tour. The Clothworkers, Company a[U1 dowatioll is restyiGted in the sum of £750 towards the prize in ihe DB UK Compctition and £1,250 for bursari¢s awarded during the year. Pag¢ I
De5igTrer Bookbinders Report of the Trustees for the Yexr Ended 31 December 2020 FINANCIAL REVlbW Going Concern The Trustees are satisfied that the Charity is viable as a going concern in (he foreseeable fitttwe. Bud JLI4 The exeknuiive committee norn)ally tneets four tillS a year and at each me¢ting the Treasurer gives a full Matgemen1 report. ID 2020 however, due to Covid. on¢ tn¢eling was held in January followed by one Zoom meeting in seprnber where a financial report was given. All projects have their own budget which ts closely monitored. and then the actual expendire 18 analysed after tlie prnject is at an end. Any interim requests for expenditure are not sart¢tioned wiihout the agreemcnt of both thc Treasurer and the Executive Committee via email. STRUCI'URE. GOVERNANCE AND MANAGEMEIYT Coverning documellt Th¢ charity is CQAtrolled by its governing do¢umenl, a deed of tNsL and ¢onstithtes an unin¢0orated charity. De¥ign¢r B(Trokbinders is a regist¢red ¢haritable twsl (number 282018), and is constituted by the trust deed dated 3 May 1969 (amended 24 April 1999, 6 January 2017). The Executive Committee is resnSible for the execution of the policy al aciAVities of the Society. Recruitment appointment of oew trustees lThe Exeeutive Ctstnmittee shall be COEnposed of a Pre8idellt and eight others who sh&ll be electcd from and by Fellows, Licentiates and Ass()cialc8 of thc Socicty for a two ycar t¢rni of office and for additional tcrnis Wit1Ut restriction. Exclllding the president, four seats on the Executive Committee shall be tilled by f.ellows ot'the Society and fiour seats shall be filled by Associates and Licentiates, WAth a minirnum of one Associate and one Licentiate, and two others from the membershtp including Honorary Fellows at the time of electioll. Members of the Executive Conllnittee are deemed to be the TTU$tees of the Society. REFERENCE AND AJ)MINISTRATIVE DETAILS Reglstered Charlty number 282018 Prin¢ip#l addre 10 Pattison Road IA>ndon NW2 2HH Pagc 2
Designer Bookbinders Report of the Trustee$ ror the Year Ended JI December 2020 Trustees Stephen Paul Conway (appointed 14.9.20) M$ Jeanette Koch (T¢8igned 14.9.20) Ms Lois Lorraille Sauer Miss Angela Jamcs Mrs Rachel W8rd-S&le P¢ter Jones Mr8 Julia Dummett (resigned 14.9.20) Richard Beadsmoore Jo Bird (resigned 14.9.20) Nesta Davies Sarah Burnett-moore {appointed 14.9.20) Troy Moore (appointed 14.9.20) Independent Examiner Bullimores LLP Chartered Arxountants Old Printers Yard 156 South Street Dorking Surrey RH4 2HF Approved by order of the board of trustees on.......... . and signed on its behalf by. Mrs Rachel Ward-Sale- Trustee Page 3
Independent Exvdmlner's Report to the Trustees of Deslgner Bookbinders ldependent examlner'8 report to the trste¢S of Designer Bookblnders I report to the charity tnL8te¢s on my examination of the accounL% of Dcsigner Bookbind¢rb Ithc Trust) for the year endejj 31 December 2020. Responsibllitle8 and b#%is of report As the eharity trnstecs of the Tnl you are responsible for the preparation of the accounts accordan¢e with the requirements of the Charities Act 2011 {'the ACVI. I report in re$pe¢t olmy examittation of the Trust's ac¢ovnts carried ¢)ut under section 145 of th¢ A¢t and in wrying out my examination I have followEd all applioable Directions given by the Charily Cotnmission under Section 145(5)(b) of ihe Act. Independent exan)Iner'8 St#t¢meDt I have completed my examination. I cotthrni that no tnatcriaj matters have come to my attention in ¢omiection with the examinalion giving tne cause believe that in anymaterial respect.. accounting records were not kept in re8pect of the TNst as requsred by section 130 of thc Act. or the accounts do nol accord wilh those iecord%; or the accounts do not eomply with the applicable requirements concerning the form and conteTht olaccounts set out in the ChitIeS (Acxounts and Reports) Regulations 2008 other than any requiremeni that thE accounts give a true and fair view which is not a tnatter considered as part of an independent eKaminatiotL I have no concerns and have come across no other tnatters in ¢onne¢iion with the examinatiott to which atten¢ion should be drawn in thrs report in order to enable a proper understandin&> of the accountg to be r¢a¢hed. Nichola8 Booi FCA Bullimores LLP Chartcred Aceoulltants Old Piinters Yard 156 South Street Dorkmg Surrey RH4 2HF Date.. Page 4
Designer BookblDders Statement of Flnancial Activlties for the Year Ended 31 Decembor 2020 31.12.20 Total 3l.12.19 Total funds Unrestricted nds Re81ricted Notes INCOME AND ENDOWMEL¥TS FROM Donations alld subscriptions 51,323 51,323 45,147 Charltable 4¢tivitles Charitabl¢ Activities 30,918 30,918 39,701 Investment income 2,792 2,792 68 Total 85.033 85,033 84,916 EXPENDrruRE ON Charitable #etlvities Charitable Activities 41.374 41,374 42.730 Other 24.121 24.121 27,313 Total 65,495 65,495 70,043 NET INCOME 19,538 19,538 14.873 CONCILIATION OF FUNDS TotAI funds brought fornard 40251 3.000 43,251 28,378 TOTAL FUNDS CARIUED FORWARD 59,789 3,000 62,789 43,251 The notes forni part of these financial statements Page 5
Designer Bookblnders BAlan<e Sheet 31 DeceEttber 2(120 31.12.20 Total fimds 31.12.19 Total Unrc8tricted funds Restricted Notes FIXED ASSETS Tangible 497 497 497 CURREiYf ASSEIS Stocks Debtors Prq)aymellts and aocrued inwn Cash at ballk 1.000 745 1,000 745 770 48,686 63243 3,000 66,243 64,988 3.000 67.988 49,456 CREDITORS Amoullts Mling du¢ within on¢ y¢ar (2,696) (2,696) (3,702) NET CURRENT A&SETS 62,292 3,000 65,292 45,754 TOTAL ASSETS LESS CURRENT LIABILITIES 62,789 65.789 46.251 ACCRUALS AND DEFERRID INCOME io (3,000) (3,000) {J,000) NET ASSETS 59,789 3,000 62.789 43,251 FUNDS Unrestricted fimds Restricted fimds 59,789 3,000 40251 3,000 TOTAL FUNDS 62,789 4J,251 The financial statements were Lpproyed by the Board of Trustees 8nd allthorised for i88ue on and were st]ed on its behalf by: Rachel Waid-Sale- Trustee The notes fonn part of these financial statements Pag¢ 6
Designer Bookbinders Note5 to tbe Finanfial St8tement8 for the Year Ended 31 December 2020 ACCOUNTING POLICIES Basi5 ofpreparing the financial stateJneDt$ The financial statctnenis of the ehariiy, which is a public benefii entity under FRS 102. have bcen prepared in ccordan¢e with the Chariiies SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Prd¢tice applicable to cbaDties prcparing their accounts in accordance with the Financial Reporiing Standard applicable in thc UK and Rcpublic of Ireland (FRS 102) (effective l January 2019)., Financial Reporting Standard 102 Th£ Fimancial Reporting Sthndard applicable in the UK and Republic of Ireland, alld the Charities Act 2011. The flllancial statements have been prepared under the hislorical cost convention. The financial statements are presentcd in (£) which is also the filnctional wrren¢y for the charity. Flnancial reporting st•ndard 102- reduced di$d95ure exemptions The Gharity has taken advantage of the following disclosure ¢xetnptions in preparing these rubcial statetnents, as perniitted by FRS 102 'The Finiincial Reporting Standard applicable in the UK and Republic of Ireland,: the requircments of Seciion 7 Statement of Cash Flows. Ineome All income is recognised in the Siatement of Finatleial Activities once th¢ ¢harity h&$ entitlement to the fill$, it 1$ probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the ch8rity to that expendiwre, it is probable that a trans'fer of economic benefits. will be required in settlement and the amount of the obligation can be measured reliably. Exp¢nditure ig accounted for on an aCCnlS basis and been classified under headings that aggregate all Cost related to the tegOry. Where costs cannot be dir¢¢¢ly attributed to particular headings th¢y have been allocated to activities on A basis consistent with th¢ us¢ of resources. Tangible fixed a55ets Depreciation is provided at the following annual rate8 in order to writr off each asset over its C%timated use1 life. Plani and machinery 20°/fj on cost Twtion The chatity 18 ex¢Tnpt from tsx on its charitabl¢ activities. Fund accounting Unrestricted funds can be used in accordance with the charitable obj¢ctiv¢s at the dis¢retion of the twsiees. Restricted funds carl only be used for particular restricd pu0$e8 within the objects of the charity. R¢stri¢tiot arise when spr¢ified by the donor or when funds are raised for particular restricted purposes. Page 7 continued...
Dttigner Bookbinder$ IYot¢S to the Financial Statement%- continued for the Yellr Ended 31 Decernber 2020 INVESTMENT INCOME 31.12.20 31.12.19 Dividends DBPL Deposii acevunt inierest 2,257 535 68 2,792 68 TRUSTEES, REMUTr4ERATION AND BENEFITS There were no thtstees, remunerntion or other benefits for the year ended 31 December 2020 nor for the year endcd 31 December 2019. Tru5tees' expenses TnL8lees expenses of £403 {2019 - £664) We paid in wect of travel aTLd tneethng expens¢s, stationery and other costs in the yeat ended 31 DecernbEr 2020. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTlVtTIES Unresiricted nds Restticd funds Total nds INCOME AND ENDOWMENTS FROM DotJa(ions and subscriptions 42,147 45,147 Cbarltable attlvltle8 Charitable Activitie8 39.701 39.701 IlltMent income 68 68 Total 81,916 3,000 84.916 EXPENDrruRE ON Charitable activitle8 Charitsbl¢ Activities 42,730 42,730 Other 27,313 27,313 Tot81 70,043 70,043 LYET INCOME 11.873 3.000 14,873 Transfers between funds 6,950 (6,950) Net movement in funds 18,823 13.950) 14,873 RECONCILIATION OF FUNDS TotAI funds brought forwrd 21,428 6,950 28.378 Page 8 ¢ontinued...
Deslgner BookbiDders Notes to th¢ Financial Statements- contlnued for the Year Ended 31 December 2020 COMPARATIVES FOR TIIE STATEMENT OF FINANCIAL ACTIVITIES- colltlnued Unrestricted Restricted funds funds Total funds TOTAL FUNDS CARRIED FORWARD 40,251 3,000 43,251 AIYALYSIS OF INCOME AND EXPENDITURE FROM ACTlVtTIES Activities ABC Online Sal¢ Bookbinding Competition Booker Fellow Binding International Bookbinding Competition Joint Workshop with Society of Bookbinders The New Bookbindcr Mastercla8qes TranSfring Design Newsletter Other Income 2,062 1,132 11.086 4,999 663 9,138 1.617 2,062 156 1,394 4.999 1579} (S,622) 627 (3,748} (5,379) (1.366) (976) (9,692) (1242) {14,760) (990) (3,748) (5.379) (1,587) 221 30,918 {38,374) (7.456} TANGtBLE FIXED ASSETS Plant and machinery COST At l January 2020 and 31 December 2020 11,837 DEPRECIATION At l January 2020 and 31 December 2020 11,340 NET BOOK VALUE Al 31 December 2020 497 At 31 December 2019 497 P3ge 9 continued...
Design¢r Bookbinders Notes to thc Fin*nelAI Statements- eontinued for the Year Ended 31 December 2020 STOCILS 31.12.20 31.12.19 Stock8 1.000 DEBTORS: AMOUNTS FALLINC DUE wrrHIN ONE YEAR 31.12.20 31.12.19 Oth¢r dcbtOTS 745 CREDrroRS: AMOUNTS FALLILYG DUE WITHIN ONE YEAR 31.12.20 31.12.19 Othtt cr¢di¢ors 2,696 3,702 io. ACCRU AND DEFERRED INCOME 31.12.20 31.12.19 Aecnjals and deferred income 3,000 3,000 MOVEMENT IN FUNDS Net movement in funds At 31.12.20 At 1.1.20 Unrestrlcted funds General fund International Competitson Fund 33JO I 6,950 3,072 16.466 36,373 23.416 40251 19,538 59,789 Restrlcted fun41s The Clothworkers Company 3.000 3.000 TOTAL FUNDS 43,251 19,538 62,789 Net movemen¢ in fund% included in th¢ above ar¢ as follows.. I01 resources liesources expended Movement UDregtricted funds General fimd International Competition Fund 68.377 16,656 (65,305) (190) 3,072 16,466 85.033 (65.495) 19.538 TOTAL FUNDS 85,033 (65,495) 19,5J8 Page 10 continued...
Designer Bookbinder8 Noles to the Financial Statements- continued for the Year Ended 31 Deeember 2020 ii. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in ndS Transfers between At 31.12.19 At 1.1.19 Unrestrlcted funds General fund Int¢rnational Cotnpetilion FuDd (6,8851 28.313 1,133 10,740 39,053 (32,lOJ) 33,301 6,950 21,428 11.873 6,950 40,251 Restrieted fund$ Over8eas Touring Exhibition Fund The Clothwoth Company 6,950 (6,950) 3,0 3,000 6,950 3,000 (6,950) 3.000 TOTAL FUNDS 28,378 14.873 43.251 Comparative nei movement in fimds. included in th¢ above are a8 follows.. Incoming resources Rs8ou¢S Movement expen(kd Unrestrlcted fund$ Genernl fiwd In*rnational Compe¢itioTh FuDd 68.411 13,505 (67,278) (2.765) 1.133 10,740 81,916 (70,043) 11,873 Restricted funds The Clothworkers Company 3,000 3,000 TOTAL FUNDS 1$4,910 {70,043) 14,873 Page 11 continued...
Deslgner BookblDder8 IYote5 to the FinAncial Statements- contiThMe for the Year EThded 31 December 2L120 ii. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 fftonths combitlcd position 15 a8 follows." Net Transfers betwcell ovemellt in fimds At 31.12.20 At l.1.19 Unrestrlcted funds General fund International Competition Fu1 (6,885) 28,313 4,205 27,206 39.053 (32,103) 36.373 23,416 21,428 31.411 6.950 59.789 Restrleted fund8 Overseas Tourtng Exhibition Fut The Clothworkers Cotnpany 6.950 (6,950) 3,000 6,950 (6,950) 3,000 TOTAL FUNDS 28.378 34,411 62.789 A cutrent year 12 nk)nths alld prior year 12 months combined net movement in fimds. included Ati the above are as follows.. Incoming Movement in funds Unrestricted funds General fund International Compctition Fund 136.788 30,161 (132,583) (2.955} 4.205 27.206 166,949 (135,538) 31,411 Restricted fllDds Th¢ Clothworkers Company 3.000 3,000 TOTAL FUNDS 169,949 (135,538) 34.411 Page 12 continued...
Designcr BookbiDders Notes to the Finxneial Statements- eontlnued for the Year Ended 31 December 202 12. RELATED PARTY DISCLOSURkS The charity owned IOOO/o of the issued share capital of Designer Bookbinders Publicatiotts Ltd, a company that eased trading on 31 December 2019 and was dissolved on 5 January 2021. The clwity received a flnal dividend from the company of £2.257. The following fees and expen8es were paid to trustees in the period in the rtherallce of charitable activities: Ms Lois Lorraine Sauer- £1,984 for Booker Bindftngg Rachel Ward-Sale- £1.802 for Booker Bindings Miss Angela James- £513 for Booker Binding$ ¢xpenses Mrs Julia Dummett- £240 (Honorarium) RiGhatd Beadsmoore- £1,000 {Honorarium) Troy Moore- £1,000 (Editing and rnagazine production) Page 13
Designer Bookbinders Detailed St8lement of Financial Activities for tht YeAr Ellded 31 Deeember 202 31.12.20 31.12.19 INCOME AND ENDOWMEIYTS Donatlolls and subserlptlons Donations Subscriptions 30,404 20,919 22,356 22,791 51,323 45,147 Investment income Dividends DBPL Deposit account interest 2,257 535 68 2,792 68 Ch8rltable A¢livl¢ies Income frollL activities 30.918 39,701 Ttstal Ineollling resource8 85,033 84.916 EXPENDITUR Charitable Activities Expendittwe on actsvities 38,374 42,730 Other Sundries 3.631 2,213 Support £o$t5 Mall8gement Insurance Postsge and stationery Secretarial & administratLO Honoraria 'rravel & m¢etings Stordge Website Publibhing Gosts Bank interest 1.276 1,371 11,069 3,000 249 500 1,071 33 1.633 1,879 1,417 12,420 1,750 2,608 500 1,066 486 800 20,202 22,926 Governancc cost8 Accountancy fees Donations 3,288 2.124 50 3,288 2,174 This page do¢s not form part of the statuiory financial Stateen(S Page 14
Designtr Bookbinders Detailed Statement of Financial Activities ror the Year Ended 31 December 2020 31.12.20 31.12.19 Total rtsources expended 65,495 70,043 Net income 19,538 14,873 This page does not form part of the statutory finan¢ial staternents Page IS