Charlty reglstratlon number 282018 DESIGNER BOOKBINDERS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
DESIGNER BOOKBINDERS LEGAL AND ADMINISTRATIVE INFORMATION Tru8ts•8 AJam88 K Maki R WakSl R Be8dsm¢ NDav T Moore A Kitchorwde E Merwles S Brockman Charlty numbor 282018 Ind•pond•nt examln•r KoThJall WaJl8y LLP GT8nla Lodge 71 Gr8ham Road Mafvem WorcestershiTe WR14 2JS
DESIGNER BOOKBINDERS CONTENTS Pagg Truste¢s' roport Ind•pendent examin8rfs Statement offin8rKa818cbvitbs B8lance ¥h89t Notès to the finan¢lal ststemgnts 7-15
DESIGNER BOOKBINDERS TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustaes psent their annual repKJrt arKI finanL¥al st8temorts for ths year ènded 31 December 2024. Thè finarrial statemants have be8n prepared in X0an¢£ with the a¢onting plueS set out in note 1 to the financial stalemonts and eompty with the charrvs conslrtution, the Charibes A¢t 2011 and "Accounkn'ng and Reporting by chant.. Statement of RecoMftnd$d Praclic8 ap1r2b lo tharities preparing their a¢¢ounts in 8ccordancè wth Ihe Financial Reporbng StaThJaol applicable irb th8 UK and Republ of IreL4nd IFRS 102r leffeth.ve l January 20191. Obl•etlv•• and actlvitl•s The Society i8 devoled to th8 Preservation arKI inyDNwMnt of tho art. d8sNJn and craft of contemporary bookbinding thrwgh th8 en(x)uragèment. ox6rcw and maintenanc8 of Standards, and the promoon of public interest in the art. d'gn and craft of (¥Jntemww b¢indi. Publk benefft The Trust888 have paid due regard to guidanc sU¢d by tho Ch8nty Commis8Kyn in deuthng what advttle3 the ¢harity should uThJertako. Achhv•m•nls and p•rlornianc• Activities". The Socl8ty pub118h8d Its annugl fjdloon crf'Th8 Naw B(1)Inderf pjumal tbic h88 8ubscrfbors and tho Each quarter a new51etter12 printed arKI 2 gleth)n¢l with nows. illustrat artldes on bwkbinding, and course and training inlom)al2n. was sant to all members. OB E-Bulletins to mtsmbèrs conllnued to Fost regular no and Information. The Designer Bookbinders b8118 was used for th8hop booklry aTrJ for wblkgtlon salgs. The wgb$lle and 80clal media were lo public lo tho 9onera5 put4lc rts, events, and cowse8. Exhibitions.. Covered.Discovered, a Joint exhibthn of bindings and (gllvJraphi¢ works th thè Sou'aty ol Scribes 8nd Illumln8tors, was hold 8t Iho Crafts Council Gallery and a bjll catalogue was published. An exhibition of Associate Merntsers, bindir¥J3 was htrld at th& $ty,$ AGM. Unoug. 8 sèlling •xhibition of F8llows and Licgntiate$' work, was held at the Benjamin Spademan GaIry in Central London. A Modem-D8y Mini8lur& bbrary 2024.. a number of DB Follows and Lieenb"at•s werè commission8d to bind miniature books as part of thi8 projèct and exhibition ceratIng 1tKI year5 of een Mar$ Oolls, at Windscr Cas. The D8UK Comtrt 2025 w8s18vnched in spring 2024 wth rogistrai)n via the DB website. Tho Compeb'tDn is generously supported by th& Folio Souety who wov¥J8d tjooks in 3heets of the 8et book 'Chaml Life, by Dian8 Wynn8 Jones. Intomational Bookgr Prizg 2024: DB FalkS b(MJnd cqJie5 of the short4isled Ix<8. Tho bindings were . exhlblle(l and pro8ontsd to tho auth¢)rs at tho owards wemony in Octobor. Nottingh8m Unrwersity Nabokov FW.. DB 13 SUPFyting this projed fvrKled by the Arts and Humanitigs Re$e8rch Council 8nd 18811 by Dr Franks. Ass(Kiate Professor of Russian Literaiure. Six bindsngs of Works by Vladimir Nabokov will bo gxhibiled al the UnNersty in 202S. X) mcxlals of the books wll ba created to 8xpand access for
DESIGNER BOOKBINDERS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Education- In February three new apFdKants were elect to the Licentiateship Scknme. Wth gènerous lunding from th Clothworkers Foundation DB was atAe to award bursary fundlng to ea( of the nlne Ucentlates In 2024 to support o)urse and mentorin9 costs. Six DB/Socigty of B(y)kbirKlers Joint Workshops Ifor all levds) w9rè htrld during thé y8ar and Masterclassès (for advanced learners) and bursaries of £100 towards fees were 8warded to enable attendan. DB F811ows g8ve tslks and prntationS at the Society of Bc¥)kts'nd8rs Int8mational cCrf)ferer and DB had a Stand seling publlcallons, sats of shaats, and bookbindirvJ guidas. Transferring Design DI.. this proS8Ct has a brfef lo pyomote bookblTrJlng and twkbindlng bJOn lo graphlc deslgn siudents, with the ultimate aim of Incrèasing the number of students takirrfJ up ihe craft and enteriro the profession. rhe Printing Charity 8nd the Leathe8115 h8ve pwded generous support and funding, During 2024 DB FgIIow8 taught TD s88sions at LIn0n College of Ar( Bath Spa Univer&ty. Glasgow Schcd of Art. Edinbufgh Col)8ge ofArt, and Falmouth University to ovar 300 studènts and also taught sèssions to collaga staff. Fdlows also provid8d tulfjon In bookblndlng and wld ftnbshlng for conseN8tS and bookbindlNd Students al West Dean Coll898. Flnncll r•vl•w The surplus on our was £34.27012023 - d8fK•t of £8.508), was Wit £29.804 surplu8 to the pneTal fund and £4,466 surplus to tho restridad fund. The total funds of the chanty al the balance 5he81 dats amwnted to £72.716. which i% made up of unrestrlGtod funds of £58,279 and r8stricl8d funds of £14.437. Goln9 ¢onc&m The Truslaos are satlsfied that th8 Carrty is viable as a going conc•m in the foresaaabla fiJtur8. Budgetary Control.. The exéculfvè ¢ommlttee r•)mialty meets four Ilmes a ye¥ aThl at rneeting the Treasurer gives a full management r8POrt. I projects have their own budg8t, whlth Ss do86ty monitored and then the acbjal expendibjre is analyJod after thè project IB at an end. Any interim requests for 8xp8nditur8 Br• not $8nth"onet1 vrilhout the agrg$ment of both th Treasurgr and tho Ex8WtNO Cornmlltae vla emam. R•sorv8spolky The charity aims lo maintain un811o¢ale(1 fe8fft8 equNalent to one yeafs b$CriPtion ino)me. this Is deemed pwdenl 8nd h88 been this year. The Ckithworkers. Company annuBI donation is rgslridod for Li¢enti818 funding, non-Licentiate burnaries, and tuition at West 0•3n Colb99. Thg Prinlworkers annu81 don81ffi and th8 donab.on from thg Lealh$wll¢o are restri¢W for the Transferring DesvJn teath'ThJ projecL Stru¢tur•. gOv•ma• and managwn•nt The charty is wntrolled by its govemiThJ douJmenL a d88d of tru$L and (n$tte$ an unln¢0rF9d charity. Designer Bookbinders is a registered charitable trust (number 2820181, and is o)nstituled by the trust deed 3 May 1969 lameThJ8d 24 AWI 1999, 6 January 20171. The ExerJJlive Committee is reSnSite fcf Ihe exeujtion of the wAicy aThl acaMti8s Lrf th& Socièty.
DESIGNER BOOKBINDERS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Tha Trustaès who servad during thg and up to the dale of s#Jnabn of tho finantyal statements were.. A James K Maki R Ward-sale R Beadsmoore N Davies T Moore A Kitchorslde E Mercedes S Brc¢kman Rgcrullmenl and apwntment oftlust8 The Executlve Comm¢ttee shall be compo#ed of a Pro8ld&nt and dght others vtho shall b8 elgttsj from and by Fdlows, Licenliates and A58¢¢lates of the Socigty for 8 Iwyar tern of officè and for additional terms wtthout re81riction. Excluding th8 Prgsidenl, four seats on Executsve Commtttee shall b8 filled by F&llows ol the Sodèly and four saats $hall be fild by Associatss and Cen118t$s. wth a minlmum of one Assoaate and on& Licentiale, and others from the membershlp indudirrtJ HOTh)r at th8 time of elect*Jn. M8mb¢rs of th6 Exe¢wtive Committee ar8 deemed to Ihe Trust ol the Sc¢i8ty. PrIncI1 addr••s 29 Windru5h Crescgnl M8lvèm WR14 2XG The Tru8ts8s' report was 8pproved ty the Board of Tru8te88. S Brockman Tnb$to• 8 Septgmber 2025
DESIGNER BOOKBINDERS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DESIGNER BOOKBINDERS I r¢port to the Trustees on my examination of Ihe financial statements of 0osvJnor 8(xbindws (the thartyl for th8 yèar ended 31 Decemir 2024. Responsibilities and b•$ls af r•port As the Trustee5 of the tharty you resprmsible for the preparat of the ffirwaal stBtements in aw)rdat)¢g with the requiTements of the CharTbesAct 20111th& 2011 Adl. I r0POrt in respect of my examin•tion of the ¢harW$ financial statem8nts carrted out under 80thn 14S of the 2011 Act. In carying out my examination I have I<>N(h all appllcable Dlro¢llons glven by the Charlty Commissh)n under $o¢ts'on 14515llb) of the 2011 Act Ind•pènd•nt •xamln•rf• 8tat•m•nt Your attènts.on is drawn to the fact that th& dwity has Fwared finanrAal Statem In )JanCe wth A¢oJuntlng and Rgporung by Chartues prgparlng thwr attounts in accordance wtth the Flnandal Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 in prèfèrance to thè AccountiThJ and Reporkn"ng by Charities.. Statement of Recommended Practice i&8ued on 1 April 2(K)5 whkh 18 rèfoff8d to In the ext8nt rngulabons but ha8 now bean thdrawn. l undèrstand that thls has b88n done in ord8r for firnci&l stateThnts to prOe a truo arn1 fair wew In cordance with Gonerally Accepte(1 Accounting PractScg ffoctiVg lor r9Fth'ng Pgrths boginnSng on or aftor 1 January 2015. I have completed my examlnalkn. I confimi that no mattefs have c4Jffle to my attenUon in ¢>Jnnectlon wllh tt)e examinalDn giving me Cause lo belitive thal in any material re8pocI'. acc%ntIng records were not kept in rasrt of the th8rlty as requlrod ty 8ecllon 130 ofthg 2011 Act.. or the fin#rb¢ial stslemtrnls do not •crd th th0 re(x)rd$; or the fin8nd81 ststements do rboi CA)mpty wl¢h thè 8wll¢8bte r•qu1rnMty ¢mmlng tho fomi and contsnt of arLc4Jnts set out in the Chanttes IAccounts and Repxtsl Regulations 21)08 other than any iequlrem8nt that tho accounts gNe a tru8 and fair Maw vthich is not a matter consid8r8d as part olan independenl examination. I have no concems and have come 8cmss no other matters In connectlon wHh Ihe 8xaminaUon lo vthSch attèntlon should be drawn in this report in orfer to enable a propor uTrJorstaN1ir@ of tha financial statemonts to be r8och8d. Sarah Morl•y BA {hon$l ACA Kèndall Wadl•y LLP Granta Lcmjgg 71 Graham Road Mofvem Worcestershire WR14 2JS Datsd.. 8 Septsmber 2025
DESIGNER BOOKBINDERS STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unr•8tricted RtrICI•d funds fundB 2024 2024 Total Unrostrlthd R•strlet•d nds fvnd$ 2023 2(123 Total 2024 2023 Note• In¢omg from: Donations arKI subscriptions Chantable advmios Investments 29,414 109,417 29,414 146,067 28.695 44,092 622 28,695 69.042 622 36,650 24,950 Total Incom• 139,814 36,650 176,464 73.409 24.950 98,359 Expendttur• on: Charitable activiiiès 110,010 32.184 142.194 86.302 106,867 Not Incomgll•xpvndlturnl and mov•m•nt In funds 29.804 34.270 {12.8931 4,385 (8.5081 Reconclllatlon ol funds: Fund balanrE8 al l January 2024 28.475 9.971 41.388 46.954 Fund b•l•nc•8 at 31 D•e•mbgr 2024 58,279 14.437 72.716 28,475 9.971 38.446 The StaIan1 of finandal a¢lNrti&s in¢ludos all gair6 w108$8$ rec£*3n1 in the r. Al inc4)m¥ ¥nd expgndiluro derive from (>)nlinuing actNIt8.
DESIGNER BOOKBINDERS BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Fixed assets Tangible assets 12 4.097 5,897 Current as••t• Stock8 Debtors Cash al bank and in hand 13 14 1.628 2,239 74,933 1.626 43.090 78.798 45.572 Crfjdltors.. am¢)unts lalllng du• Tlthln ono year 15 10.179 13.023 Net current a888ts 68.619 32,$49 Total a•1 l•H cuTh•nt Ilab115tl•• 72.718 38,446 Tho fund¥ of th• char5ty Restrtcted income lund$ Unr8$Mcted funds 16 14,437 $8,279 9.971 28.475 72,716 38,448 The finonclal $tstgments wern apwoved by Tnmtees 8 SeptemLw 2025 S Brockman Trust
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Aecountlng pollcl•s Charlty Infern0Th Dosigner Bkbd0TS is a wisterwj ¢honty. 1.1 A¢¢ounllng ¢onv•n¢lon Thè finanoal statèments hgve been prepared in accordare with the charity8 IVernIng doojmentl, the Charities Act 2011. FRS 102 The FinanTral Reporting Stsndard appli¢ablo in thg UK and Rgpubli¢ of Irèland" ("FRS 102.} and the ChaTthes SORP "Accounting and ReFJrb'ThJ by charrtS'. Stslemenl of Recvmmended Practicè applicablè to charrties prgparing thèir accounts in acccdance wth the Financial Reporting Standard applicable In the UK and ReputAlc of IrelaThJ (FRS 102r leff8clfvo 1 J8nuary 2019). Tho oarfty Is a Publlc Benefit Entity as defined by FRS 11Y2. The carty ha8 takon advantw of the wovlcrts in the SORP fc ¢h•ri1088 not to pwp8r8 a Statement of Cash Flows. Th8 Iln8nuèl statemènts hav8 depart&J from Charibes lknunls 8rKI Reports} Regulations 2008 only to tha extant roqui18d to prov#l& a truo aThJ fair vin¥. Th1$ departur• has Involvod f01hn9 thg Statement ol Recommded Prathf for chaTibe$ apptyiTrJ FRS 102 rnther than the verslon of the Statem8nl of RecommerKled PTactlce vthlch is r8leTr8d to in Iho RogallOnS but whlch has slnco b88n wlthdrawn. The fin8nc481 statsmènts #re Prepared in 5terfKvJ, whi( ig th8 hjncknnal currency of the tharty. Mongtgry amounts in these financial slatemonts aro n)und8d to tha noarost £. Tho fin8ndal ststeThnts hav8 b88n the h15toricAI c(fflvenllon. Tho ndpa18¢unl{ng pollcies adopted are sol out bok)w. 1.2 Golng concern At the Ilme of approving the ffinandol stslements, the Trust havè 8 fo89c0b1o 8xpo¢tatlon that th& charfty has Bd8qu8tè resources lo continue in operational exi8lerth for the foreseeable future. Thus the Trustees continue to adopt gokng eon¢wn basi$ of #Cc(ntiThj in weparfng the1Snandal statemgnts. 1.3 Charltabl• lund• Unrestricted funds are available fry LBe at the discrellon of tho TrLtytees In furtherance of thelr charitable obiethves. Restricted fvnds are subject to specific condthns by or grnntors as to how they may be used. The purposos and us8s of thè r8sln.Ct funds ar8 sol the rK)les to the finanual 5tsternents. 1.4 Incom• Income Is r8cognis8d wh$n th• ¢harity 1$ entiyed to it after any perf0MnCe condillon5 have beon m8t, th& amunts cn b8 mèa8Ufed r9bly. aThJ It15 probable that Income WMI bo r8•. Cash donations are Tecognised on r1p1. Othgr don8lKx)s arg recojnised once the tharity ha5 been notified of the donalon. unless perfomance ¢ondrtK)ns wuire deferral of the amount. Income tax recoveraNe in relatitin to donalion5 recewj under Gift or deeds of covenant is recognised al tha timè of the donatlon. Legaae5 are recognised on receipt or otheTh¥ise rf thè charity has bw notified of an impending dislrib¥lK)n, thg amounl is kw, a1 r1p1 is expected. If the amount is not known. the legacy is treated as contingent asset.
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Acwuntlng pollcl•s (Contlnued) 1.5 Exp•ndl¢ur• EKpenditure is reccgnised once there is a legal or etX)StnJdNe rknloats.on to transfer economic benoflt to a third party. it is probable that a transfer of eo)nornic benefits will be required in setdement. and the amount of the obligation can b& Measur rgli8bty. ExpgndhuTe18 das81tsJ by aclw¢y. Th¥ )Sts of 88th are made up of the total of dlroct costs and shared costs, induding support costs invcAved in undertaking oach acliwty. Dlrocl ca)sts thbut8ble lo a slngl Octivity aro ollocated t1iredy lo that acbwty. Shared cxjsis Wh ttmtrilte to more than on8 acllvity and support ts whith are not attributable lo a slng18 adivTty are apportionertj b8fvmn tho$& ac11vil$ on a basis consislenl with the of resource5. Central staff costs aro albcated on lh8 ba&s of tsme spent. and dgpr8cHbon Charges are alkxated cffl the portKJn of th& a$8eV$ Ltye. 1.6 Tanglbl• fix•d •M•t• Tongiblo fixed a&sets are inilialty mea8ur•J 81 u)st 8rrtl 8ubsequenty maasur•d at ci)st or v81Uan, nel of depreCtiOn and 8ny impaimth k)sses. Deprad8tlon 1$ re¢ogni8ed 80 as to writs off tha cosl or valuauon of 8880ts less thalr rasidual valu¢s over Ihelr Ltselul lives on the following basss.. Plant and equipmgnl Website 20% strah1 li 20% stra¥hl11 The goin or loss arising on the disposal ofan asset is delèmined as the diffgrgn¢g the salé proLwds and the ¢arylng value of th8 assot. and is reo)Jnised in th8 stst&ment offinancial actsvities. 1.7 Impalrm•nt of flx•d aswts Al each reportlng and d81e, tho tty revi8¥ts thg carryirKJ 8nh)unt8 of Ils tsngible 89sèts to delemiino vth8th8r Ihets 18 any indication thal thw assets have suffergd an impaimont loss. If any such indiogtion exlsls, the recoverable omount of Ihe &wt is eslimat8d in ordor to dotermine Ihe 8xt8nt of thg Impaimenl Ioss IW any). 1.8 Sto¢k• Str)cks are staled al the ol ¢osl and 6stimaj sellirwj txic kns u)sts to compJ8t8 and so11. Cost comprises dirf materials and. where applicabkn. direct labour c>)5ts and those overhèads th81 have been incurred in bringirwJ the stocks io their pr8s8nt kK3bon and condibon. Items hdd for di5tr'buts'on at no or nomin81 consideration are m8asur¢d thè of replacem8nt o)st ar*d o)sL Nel realisable valua is the estimated sdling p8 loss estimated cThts of complelkn arn1 costs to be incurred in markgb'ng. selling arKI distrlbulw. 1.9 Cash and cash oqulvohnts Cash and cash equiv81?nts indude cash in hand. depogts at call wlih banks, other short-lerm liquid investments original maturib.es of thw nYx)Ih8 or less. and bank ovgnJr8fts. Bank overdrafts are shown wlthln borrryMThJs in ujrrent ligbilitigs.
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Aecountlng pollcl•s IContlnu•dl 1.10 Flnanclal In8trumonts The tharity has elected lo appty Ihe provisions of Serjion 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of its finanual instruments. Fln8ncl81 Instruments 8r• reeognls8d In th8 ¢harlVs bal8n¢o 8hè81 then the th8rfty beu)mes p8ty to tho contractual provisions of the instrument. Flnancial a880ts and IlabllNlos are offsot. wmtt lh• net arUnts pr88ented In tho finandal stslgmgnts. whgn there is a legally enforceable right to sel off the recoJnJsed amounts and there is an intention to setu8 on a net basis or to realise the asset ond settk th¢ Itobility simuNon¢ousty. Baslc Iln•nclal •ss•ts Basic financial asseis, which induda d8btors and cash and bank balancas, aTr initially mgasurgd at tr8nsa¢tk)n prlce Indtlding transacllon $ts 8nd are stlbsequenlty cathed at amorbsed cost vsing thts effo¢Uve Inlerest method unless the arrangernenl consirtutes a financyrvJ transaction. where the transaction is measured al the presenl value of Ihe futu receipls discounied at a market Tale of interest. Financial assets cla35ified as reCeN8b vithin one year Tr)t aThK¥bBed. 8aslc Iln•ncl•l Ilabllltl•s Baslc flnanclal Ilabilities, including u8dltors and bank loans arg In"alty recognlsod at Iransacvon prlce unless thé 8rr8npment ¢on81ilute$ a fin8n¢ing transa¢b"on. w•there the debt InstrUnI 1$ Thasured al the pre58nl value of the future paymnts discountfjd at o markol rats of intor8sL Fknono81 liobiltti&s d088ffl0(J 88 P8y8ble within ono ygar ar& nol amorti$gd. Debt In8lnJments 8re Subsequently ¢rried al artISed ojst, using th& effective Interest rate method. Trade Cx8drtS are obltylknns to pay for gcknls or services that have been ao]ulred in the oTdinary cours8 of opeTallon$ from pplierS. Amounts payable aro CsSd as currenl liabilities If payment is du8 thin on8 yoaf or 18ss. If not. thay are pres8nt8d as nowurrent lbIlItIes. Trade dilorS arg rwnised initially al tr8nsa¢1n price arKI subsequenlly me&sured at arncrts'sed cosl usiThJ ihe effeciive interesi method. D•rneognltlon of Iln•n¢lo1 Il•bllltl Flnanci81 Ilabili11gs a derecognise¢J when chanty's con1rnC obllgauons expire or ar8 discharged or rancelled. Critlcal accountlng •stSmatss and119•M•nts In the appli¢8lKin ol th8 tharity's acCn(lI¥j pollw. th8 Trustees are required to m8ke judgements. 881imales and assumptions about the caryThJ amount of assgts aThJ Ilabilitios Ihat aro not readily apparent from oth•r sources. Th6 estimalés and associated a5SUrnPtKins are based on hi8torirAI experience and other f8Ctors Ih8t are cMsK1ered lo be relevant. Actual Tesutts may d¢ffer from these estimates. Th8 estimates and UMpI0)S aro reviewed on an ong(xng basis. Reon3 lo accounting estimatss 810 recognis&l In the period in whKh the esb'male is revtsed vthere the reVlon affect8 only thBt period, or in the p8rhJd of the ravision aThJ futur8 parK¥Js wh8r8 tha revlskn off both Current 8nd fvtur8 periods.
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Incom• from donatlon8 and subscrtptlons Unr•strlcted Unrestrlcted funds funds 2024 2023 Don8llon8 and gfft8 Mèmb8rship fees 10,271 19,143 10,038 18.657 29,414 28,695 Incoffl• from ¢harltsbl• •¢tl¥ltlo$ unre¢t•d R•strlctad fund• 2024 T4)l•l Unr•strl¢t•d Rtrf¢¢•d fund• nd8 2023 2023 Total 2024 2023 Chgrlt8ble (l>t0 8) 109.417 36.650 146. 44.092 24.950 69,042 In¢¢m• from Inve•tm•nt• Unrnstrl¢l•d Unro•trScted fund$ funds 2024 2023 Inl8r8st recoivabl 622 10-
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Eyndliurn on eharllabk actlvldès 2024 2023 Dlr•ct costs Charitable actiwtres (note 81 113,597 82.434 Shar? of •upport and govem•nc• costs (s•• not• 7) Support Govem8nc8 25.117 20.953 3.480 142.194 106.867 An•lysl8 by fvnd Unrg$tri¢ted funds R08th"¢te(I lunds 110.010 32.184 86.302 20.565 142,194 106,867 Support CO8t8 allocatsd lo 4¢lfvlth• 2024 2023 D8pr8ci8tion of Dlsposal proceeds Insurar Post8ge & slalonery Se¢r•tsrial & administrallon Travèl & moottngs Wgbsile Bank ¢h8rg88 Rent Sundr188 Govemanc c£ts 1.800 IS,1001 2,810 4,129 13,836 2,474 1,500 1.218 11,8001 86 3,480 2,297 2,197 14.234 1,012 2,076 252 1,249 3,480 28.597 24,433 Indud9d wlthln Goveman( Costs is £3.480 payable to the iThlepeTrJenl exominer12023- £3,480). 11
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Analysls of Income and Expondilurn Irom Aetlvltles Income Exp•ns•sSurplusllDefic Bookbr Fdlow 8indirwJs Edu¢atlf)n Exhlbltion Costs Joint Workshop Socty of BcthrKJern Nabakov Project Newslettor SOB Conf8ronce StarKI The N8w Bookbind8r Publications St Bnde's Workshcy Salo Bwk Sake.Architethsrè Boards 12,375 37,740 42,830 7.008 13.627 (11.757 129.2801 138,0651 15.9241 113.6271 14.5701 18721 17.8791 {1.6231 618 8.460 4,765 1.084 14,5701 11151 16,5791 6,196 111 22.500 757 1,300 7.819 111 22,500 146,067 1113.5971 32A70 Prwlou• y•ar: In¢om• Exp•nu•Surplu•l(D•flc Antiquarian 8cthellersA680¢18t 8ookbinding CornpetitJn Booker Fellow eindings Education Exhlbillon Costs Inlemalional 8bIndIng C(i)r Joint Workshop with Sc¢W of BwkbIj8r¥ Newsletter The BkbInder Publicalions 11,3111 15,9291 (11.7751 {21.0881 {3.6801 (12,3751 (3.4151 {4.1691 118.3971 {2951 79 17971 5,132 12.375 25,150 7.871 4,062 4,191 (12.3751 3,158 {3.9191 111,950} 3,549 6.573 260 6.447 .042 (82,434 113,392} Tru•t••• Trustées &xp8ns&s of £54712023 - £2281 were paNJ, to 2 tW8tees. in rwwcl of trav81 and moeling gxpenses in the year ended 31 Dember 2024. AddilKJnally, tha folbvAng f88s and expensos were paid to tru5tee5 in tho pgliod In the furth8r8nca of charitable activitses and are a mixture ttwn Fèès & Homrarium. EdLK2tion fvnding and turtion fees.. Amy Kitcherside- £2,794 Iher licentste bursary fvnding p8ld diredy to tutorslcours8sI Ri¢hard BeadsmoorÈ- £2,9001£1.l Booker BindiTrJ Fee, £1.CKK) TNB Editorial T8aml Angela Jarnes- £1,7581£1.099 cOverj.DIscoVered ganIsatiOn & ExecutNe Cornrnittee Exptrnses. £300 Mastercla33 TuNion. £359 Bwker BindingsAdminislrab"t)n Experes) Kaori MakTr £154 IDBUK Competition OryJanisab(Y) Exrensesl Rachel Ward-sale £2.271 IN8bokov Binding Feel Stuart BkMan £4,334 {£738 UnKJUg ExhIb[t Organisalion Expon5eB. £1.050 Li¢onti81è Tuitk)n. £2,271 NakoV Binding Fea, £275 TNB Article Author) Nesta Davies £1,348 IfFansfwing Desw Faimoulh University Tuib'cnl 12-
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 10 Employ• The charity had ty) empby8es12023- I6). 11 Taxation The char¢ty is exempl from taKatkn its actsvit because a116ts Incom8 b applknj for charitabl8 purposgs. 12 Tanglbl• flx•d a•ts ptant and Co•t At 1 January 2024 497 9,497 AI 31 DKemb8r 2024 497 9.000 9,497 D•preCIaon and Impalrmtht Al 1 January 2024 Daprgciation carg8d in the year 3.600 Al 31 0mber 2024 5.400 Carylng amount Al 31 December 2024 497 3.600 4,097 At 31 Decembèr 2023 497 5,897 13 Stocki 2024 2023 Publlcallons and medals 1.628 1,626 14 D•btorn 2024 2023 Amounts falllng du• tlthln on• y•ar. Prep8yments and accNad IroMe 2239 856 13-
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 15 CrodltOT¥: amounts falllng due wlthin one year 2024 2023 oth8r credilor3 Accru815 and defeFTed incom• 3,128 7.051 1,897 11,126 10.179 t3.023 16 RMtrlet•d lund• Thg rfrstricled funds of the charity oJnpts• the unw8ndad balances of donations and grants hgld on trust subject lo Specmc condit1$ ty as to how tl)ey may b& us&l. At 1 January comlng RaUr¢ At31 2024 T•Ur¢¢$ •xp•nd•d D•c•mbor 2024 The Clothworkors, Company Printing Charity 8nd Leolher8gllff8 7.894 2,077 20.1SO 16,5 (20.9881 (11.1961 7,056 7,381 9,971 36.650 (32,1841 14,437 Pr•vlou• year. At 1 January In¢¢mlng R•sourc•8 At31 2023 resources oxp•ndod DK•mb•r 2023 Thè Clothwork8r5' Company Printing Charty 16.950 (14,642) 15,923 7,894 2,077 24,950 20.565 9,971 17 Vnrnstrlctsd fund• Thè unreth¢te(1 funds of the ¢horlty cc¥npris0 tho unoxFthJed balances of donati($ and grants which ar not subject to specffic cndm)r by donor5 gfdntors as lo h¢Jrf¥ Ihey may be us&Y. These indude designated funds whh have been set aside out of unrestrIC fvrKJs by tho trustees for specrfic purposes. Al 1 January Incoming Resources 2024 r•sOUr¢ wnd•d Transfern At31 Decembgr 2024 General funds 28.475 139.814 1110.0101 58,279 14-
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 VnT8#trlct•d fvnds (Contlnu•d} Prnvlou8 y•ar. At 1 January Incomlry R•8ouTC•S Tran•fgrn At31 Do¢omr 2023 Inlemabonal Comwlillon Fund General funds 23.136 18.232 112.375) (73.927) 110.7611 10.761 73.409 28.475 41.388 73.409 (86,302) 28,475 18 Anatysl8 ol n•t a••et• betw••n fund• Unmtrlct•d R•strlet•d fund• funds 2024 2024 Total 2024 At 31 D•combw 2024.. Tangible asseis Currfjnl as8oWlliabiifd88) 4,097 54,182 4.097 68.619 14.437 58,279 14.437 72.716 Unr••trlctod RMtrl¢t•d funds fund• 2023 2023 Total 2023 At 31 Dw•mb•r 2023: Tanglble assets Currgnt a888ts1lllabllft$) 5.897 22.578 5.897 32.549 9.971 28.475 9,971 38.448 15-