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 Wa￿kS￿l￿
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 p￿sent their annual repKJrt arKI finanL¥al st8temorts for ths year ènded 31 December 2024.
Thè finarrial statemants have be8n prepared in ￿X0￿an¢£ with the a¢o￿nting p￿lueS 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 RecoMft￿nd$d Praclic8 ap￿1r2b￿ lo tharities preparing their a¢¢ounts in
8ccordancè wth Ihe Financial Reporbng StaThJaol applicable irb th8 UK and Republ￿ of IreL4nd IFRS 102r
leffeth.ve l January 20191.
Obl•etlv•• and actlvitl•s
The Society i8 devoled to th8 Preservation arKI inyDNwMnt of tho art. d8sNJn and craft of contemporary
bookbinding thrwgh th8 en(x)uragèment. ox6rcw and maintenanc8 of Standards, and the promoon of public
interest in the art. d￿'gn and craft of (¥Jntemww b¢￿indi￿.
Publk benefft
The Trust888 have paid due regard to guidanc* ￿sU¢d by tho Ch8nty Commis8Kyn in deuthng what advttle3 the
¢harity should uThJertako.
Achhv•m•nls and p•rlornianc•
Activities".
The Socl8ty pub118h8d Its annugl fjdloon crf'Th8 Naw B(￿1)Inderf pjumal *tbic* h88 8ubscrfbors a￿nd tho
Each quarter a new51etter12 printed arKI 2 gleth)n¢l with nows. illustrat￿ artldes on bwkbinding, and course and
training inlom)al*2n. was sant to all members. OB E-Bulletins to mtsmbèrs conllnued to Fost regular no￿ and
Information.
The Designer Bookbinders ￿b8118 was used for *th8hop booklry aTrJ for wblkgtlon salgs. The wgb$lle and
80clal media were lo public￿ lo tho 9onera5 put4lc r￿ts, 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$' work, was held at the Benjamin Spademan GaI￿ry in Central London. A Modem-D8y Mini8lur& bbrary
2024.. a number of DB Follows and Lieenb"at•s werè commission8d to bind miniature books as part of thi8 projèct
and exhibition ce￿ratIng 1tKI year5 of ￿een Mar￿$ Oolls, at Windscr Cas￿.
The D8UK Com￿trt￿ 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 'Cham￿l Life, by Dian8
Wynn8 Jones.
Intomational Bookgr Prizg 2024: DB Falk￿S 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 SUPF*yting 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 pr￿ntationS 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 bJ￿On 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 Leathe￿811￿5 h8ve pwded generous support and funding, During 2024 DB FgIIow8
taught TD s88sions at LIn0￿n 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 conseN8t￿S and bookbindlNd Students al West Dean Coll898.
Fln*ncl*l 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 C*arrty 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$L and (￿n$￿t￿te$ an unln¢0rF￿9d 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 reS￿nSit￿e 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 oftlust￿8
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 Iw￿y￿ar 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 $hall be fil￿d by Associatss and ￿Cen118t$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.
PrIncI￿1 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(x*bindws (the thartyl for th8
yèar ended 31 Decemi*r 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 $o¢ts'on 14515llb) of the 2011 Act
Ind•pènd•nt •xamln•rf• 8tat•m•nt
Your attènts.on is drawn to the fact that th& dwity has Fwared finanrAal Statem￿ In ￿)￿JanCe wth A¢oJuntlng
and Rgporung by Chartues prgparlng thwr attounts in accordance wtth the Flnandal Reporting Standard appllcable
in the UK and Republic of Ireland IFRS 1021 in prèfèrance to thè AccountiThJ and Reporkn"ng by Charities.. Statement
of Recommended Practice i&8ued on 1 April 2(K)5 whkh 18 rèfoff8d to In the ext8nt rngulabons but ha8 now bean
thdrawn.
l undèrstand that thls has b88n done in ord8r for fir￿nci&l stateThnts to prO￿￿e a truo arn1 fair wew In ￿cordance
with Gonerally Accepte(1 Accounting PractScg *ffoctiVg lor r9Fth'ng Pgrths boginnSng on or aftor 1 January 2015.
I have completed my examlnalkn. I confimi that no mattefs have c4Jffle to my attenUon in ¢>Jnnectlon wllh tt)e
examinalDn giving me Cause lo belitive thal in any material re8pocI'.
acc%￿ntIng records were not kept in rasrt of the th8rlty as requlrod ty 8ecllon 130 ofthg 2011 Act.. or
the fin#rb¢ial stslemtrnls do not •c￿rd ￿th th0￿ re(x)rd$; or
the fin8nd81 ststements do rboi CA)mpty wl¢h thè 8wll¢8bte r•qu1rnM￿ty ¢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 R￿trICI•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 StaI￿an1 of finandal a¢lNrti&s in¢ludos all gair6 w￿108$8$ rec£*3n1￿ in the ￿r. Al inc4)m¥ ¥nd expgndiluro
derive from (>)nlinuing actNIt￿8.

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• T*lthln
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 Infern￿0Th
Dosigner B￿kb￿d0TS is a wisterwj ¢honty.
1.1 A¢¢ounllng ¢onv•n¢lon
Thè finanoal statèments hgve been prepared in accordar￿e with the charity8 I￿VernIng 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 ReF*Jrb'ThJ by charrt￿S'. Stslemenl of Recvmmended
Practicè applicablè to charrties prgparing thèir accounts in accc*dance wth the Financial Reporting Standard
applicable In the UK and ReputAlc of IrelaThJ (FRS 102r leff8clfvo 1 J8nuary 2019). Tho o*arfty Is a Publlc
Benefit Entity as defined by FRS 11Y2.
The c*arty ha8 takon advantw of the wov*lcrts in the SORP fc* ¢h•ri1088 not to pwp8r8 a Statement of
Cash Flows.
Th8 Iln8nuèl statemènts hav8 depart&J from Charibes lkn*unls 8rKI Reports} Regulations 2008 only to
tha extant roqui18d to prov#l& a truo aThJ fair vin¥. Th1$ departur• has Involvod f01h￿￿n9 thg Statement ol
Recomm￿ded Prathf* for chaTibe$ apptyiTrJ FRS 102 rnther than the verslon of the Statem8nl of
RecommerKled PTactlce vthlch is r8leTr8d to in Iho Rog￿allOnS 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 fo89c￿0b1o 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 perf0M￿nCe condillon5 have beon m8t,
th& amunts c*n b8 mèa8Ufed r￿￿9bly. aThJ It15 probable that Income WMI bo r￿8￿•￿.
Cash donations are Tecognised on r￿1p1. 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, a￿1 r￿1p1 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￿ ttmtril￿te 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 v81Ua￿n, nel of
depreC￿tiOn 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% stra￿h1 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 t*￿ty 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 6stima￿j 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 p￿8 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 ar￿Unts 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 ￿$ts 8nd are stlbsequenlty cathed at amorbsed cost vsing thts effo¢Uve
Inlerest method unless the arrangernenl consirtutes a financyrvJ transaction. where the transaction is
measured al the presenl value of Ihe futu￿ receipls discounied at a market Tale of interest. Financial assets
cla35ified as reCeN8b￿ v*ithin one year Tr)t aThK¥bBed.
8aslc Iln•ncl•l Ilabllltl•s
Baslc flnanclal Ilabilities, including u8dltors and bank loans arg In￿"alty recognlsod at Iransacvon prlce unless
thé 8rr8npment ¢on81ilute$ a fin8n¢ing transa¢b"on. w•there the debt InstrU￿￿nI 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$gd.
Debt In8lnJments 8re Subsequently ¢*rried al a￿￿rtISed ojst, using th& effective Interest rate method.
Trade Cx8drt￿S are obltylknns to pay for gcknls or services that have been ao]ulred in the oTdinary cours8 of
opeTallon$ from ￿pplierS. Amounts payable aro C￿sS￿￿d as currenl liabilities If payment is du8 ￿thin on8
yoaf or 18ss. If not. thay are pres8nt8d as nowurrent l￿bIlItIes. Trade ￿dilorS arg rwnised initially al
tr8nsa¢1￿n 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 and11￿9•M•nts
In the appli¢8lKin ol th8 tharity's acC￿n(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. Re￿￿on3 lo accounting
estimatss 810 recognis&l In the period in whKh the esb'male is revtsed vthere the reV￿lon 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 R￿trf¢¢•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 & slal*onery
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 ￿ Soc*ty 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 Cornpetit*Jn
Booker Fellow eindings
Education
Exhlbillon Costs
Inlemalional 8￿￿bIndIng C(*i)r
Joint Workshop with Sc¢W of BwkbI￿j8r¥
Newsletter
The B￿kbInder
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 D￿ember 2024.
AddilKJnally, tha folbvAng f88s and expensos were paid to tru5tee5 in tho pgliod In the furth8r8nca of
charitable activitses and are a mixture t*twn 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 cOver￿j.DIscoVered ￿ganIsatiOn & ExecutNe Cornrnittee Exptrnses.
£300 Mastercla33 TuNion. £359 Bwker BindingsAdminislrab"t)n Exper￿es)
Kaori MakTr £154 IDBUK Competition OryJanisab(Y) Exrensesl
Rachel Ward-sale £2.271 IN8bokov Binding Feel
Stuart B￿kMan £4,334 {£738 UnKJUg ExhIb[t￿ Organisalion Expon5eB. £1.050 Li¢onti81è Tuitk)n.
£2,271 Na￿koV 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- I￿6).
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•preCIa￿on and Impalrmtht
Al 1 January 2024
Daprgciation c*arg8d in the year
3.600
Al 31 0￿mber 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• t*lthln on• y•ar.
Prep8yments and accNad Ir￿oMe
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 Ra￿Ur¢
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 c￿nd￿m)r￿ by donor5 gfdntors as lo h¢Jrf¥ Ihey may be us&Y. These indude
designated funds wh￿h have been set aside out of unrestrIC￿ fvrKJs by tho trustees for specrfic purposes.
Al 1 January
Incoming
Resources
2024 r•sOUr¢￿ w￿nd•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¢om￿r
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-