Charfty r•glgtratkn numbor 282018 {England and Wal•sl DESIGNER BOOKBINDERS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
DESIGNER BOOKBINDERS LEGAL AND ADMINISTRATIVE INFORMATION Trust¢W4 Kma R War&Sal8 R Beadsmocfe N D8vies A KItcheId L Miles IWnt•J 26April 2025) C178rlty r•gltrntk ErwJland and Vlal88 282018 Indèpond•nt •xamln•r KerKlall WadY LLP Granta Lodgè 71 Graham Rowj Malvem worsterShIa WR14 2JS
DESIGNER BOOKBINDERS CONTENTS Pag• Trustees, ra Independent examine¢8 f8F*Jrt Stal•mont of flnandal actlv6ts8 Balance sheet Not8S to iho financial statom8nts 7-14
DESIGNER BOOKBINDERS TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Th8 Trust8ès EVnI thsir annual rePt 8rKI fir78rNx81 S18trnts thg yew eThJed 31 Dgcember 2025. Th& fin8nty81 $t8t$monts h8v• bèen In 8(x>yiJ4n¢ wth ¥CTrting FKliaes 88t out in note 1 to the financial 8tatem8nts the chaitys ¢StIlut, the Chartbes Ad 2011 and "Actounting and R8portlng by Chorittgs.. Slatément of RecommrKd Pr8¢(t Opble to chartss preparing their 8ccounts In ac(x)rdan( wtth thè FInaal R8pxxllng Slarwjard applKablo In tho UK ar1 Republk crf Ireland {FRS 1021" laffaetivè 1 January 20191. Obleetlv•s and actlvlll The Society is devo¢ed to the aKI im[0¥0M8nt of the ar( d8svJn and uaft of contemporary bookbinding through th8 encouragement. exercise and maintenance of slarKlarth. and th8 pYorTh)Yon of publlc Interest In the art, design and craft of contemporary toothndiro. Publlc ben•fft The Tru$taes havg patyj dug regard to 9uldanc• Issu by ths Chgrfty CoThnsk)n In dodding whol acttvttles th ¢hgrtty should undfjrtakg. Achlovemonts and porfomwK• Publlcalbn$.' The Sooety wblishod its anwal ed11K of 'The New Bookbinder. ioumal wthich has Institutional sutyseribèrs around the world. Each quart8r a nowsletter12 prinied and 2 elecimnicl wth n•ws. Iliustrat•d articlès on b¢)okbindino. 8nd course and trainiThJ Infom)atb)n. was sent lo 811 membafs. D8 E-Bulletin8 tr) mgmbe conllnued to post regular news, aitides aboul bindings and binders, and inlom)aUon about •ducation And Ix)urses. The DesKJner 8ookbiThders web3rte was Lwd for worksW booklThJs and IOT publicats.on sales as wall as onlin& exhibilh)ns. The we.18 and soryal media ware used lo pUbIr news, events, aThJ Urse$ to the g8n&fal public. Exhibitions.. 8ound Together. 18 February to 3 May 2025. this Fellow5 8 Licontsates exhl)ition ol new work was held al the Pelersfield Museum 8rn1 Art Gallwy wrth supr•yt Ihe curaton81 le8m. A 1[1 catalogue was created and talks and workshop8 were heky akngiAdti ts exhllytj. wrth sales of DB publications. Oxford Book Faif, May 2025. 8 Stand and exh5bitw of Fell(rws and Lnts'01es bindirvjs. Under Cover - Rebinding Nabokovs Books, 1.31 May 2025. this NothrvJh¥m Unwwsty AHRC-IUn woject ))mmls%oned seven bindings by Fèllows nd Lt¢¢rttsalos ol Nabokov woths. Th8 bmdirys èxhthitsd 41 NU Central Library alongside bwkbinding workshops. An onllna &xhibrtK)n of &I1imonsKaI Ima of th8 blThJiNd$ is in dèlOpment and will be hosted by tho Intsmational Vlailimir Nabokov Sw•ty. The UK Bookbindting comp81jts.( wgs estsbllshI in 1955 to erK¥wrage 8tydents and appreth'cès ol bookbinding to produce originally desvJned and welu1 trxK)k3 8fKI lo gNe Ihern the Oprtunty to exhibit their tochnical and artistic skills. The 2025 Ix)mpeth"lion was g8nerousty suprrfMte(I by the Folio Swety. who prowded books in sheets ol the set book, and 20 sponsors fuTh1ad piizès. Thè exhibition w8$ IM)St8d by Maggs Bros Lld in November 2025 wilh thè pnz8-nnlng bindings exhibited online. A ytsar commemorativè ÈrfM)k1 ol the Competthon was sold at th8 èxhlbltlon and online. lfttèm8tion81 Bcokor Pnze 2025: six DB Felknvs tnd owes of tha Short41stj bo)k Tho bindings were gxhibitad onlino and prgs&nted to the authors ai the awArds C8f8nKJny in O(ob8r.
DESIGNER BOOKBINDERS TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Educabon.. wrth Contmu1 generou8 fLJndirvJ from Iho Ck)Ihworkers Ccryany DB VA$ aNo tr) award burnary fvrJirvJ to oath of the 9 DB LitntIate9 in 202510 supp1 design biThJir¥J tuition and mentority ctEts. 5 OBISockgty of Bookbinders Joint Workslws (for atl 18vels}. hekl all over thè ajunty, off6rwl tUitn in a variety of techniqu83 induding edthon bindiro. marbl& book()th. dust jacket repair, hex8fobJ txnding. and innovative paper- eovergd book strLTr¢tur. £1,350 bLtrS8ry furKlirtsJ was vwl to hglp )MIng bind8rs attend wod(shops. TransferriThJ DeSn ITD).. thls wc48d has a brlaf to bwkb1Ing 8nd Lm.ndlng luition to os18 art and dèsign 5tud8nts, with the uttimat8 aim of irKreasing the nurnber of sbjdents takitNJ up tha craft and gnt8ring th prol8$sion. Tho Prinllno Charity and the LealhernellerB have provJed g8n8rous supp)rt and funding. DB is now partnorod with Bath Spa Llnivèrsity, Glasgow &thool of Art. knncdn Co118go ol Ari. Edinbur9h C¢)11990 of Art, Glasgow Clty Collgge, aNJ FalnKWth Univtrrsty. DB Fdbws provide introductory, intemisdiate, and 8dvanc8d trainlng in bookbindlng, as wèll as Iraining lulors in bty)kbindity. In 2025 demonstrations of bcldIng t8chniqu88 were filmed prOflonellY lor the us6 of bJt(M$ 8t B8lh Spa and for pDsbng ts general public access. Wlth support from thg Clothwork¢rs Company. DB cTh)b"nuss trj suppNt Ihg (xserVaOn aThJ bc¢)kblndlng programmes al West Dean Cdlege wrth speclISt tu11 by Felknvs in Lath8I Binding Gohj Toolng. Thr89 DB Fellows are now perman8nt tutors on the bCdin9 diploma course at West D88n. Flnanelal r•vl•w The surplus on our actNrtiOS W88 £17.041 I224 - £34.2701. whkth was spllt £961 surplus to the 9eneral bjnd and £16,080 wrpbjs to th8 festrkt fvnd. The totsl fvnds of the charty at the balance 8h88t date antl to £89.757. m8d& up of unmtricted funds 01 £59.240 and restrtcled fvnds 01 £30,517. Golng ¢onc•rn The TNstees arg $0Isfigd thal thg Chodty Is Mot40 as 8 golw c¥)ncw In thè forè8eeabl8 fvlure. Budgetsry Control.. The execJJtlv8 commltt88 rmMalY m88ts Im8s a y88f oThJ ot oath meeb'rvJ the Treasurgr glves a full management report. I projects have thwr own budget, is dosely monrtor8t1 and Ihèn the acttjal expendibjro is anatysad aftér the project Is at an •nd. Any inten'm wuests for 0XndU[è not san(oned vnthout the agreement ol both the Treasurer and Iho ExocutNo Committee wa omaA. R•seThM pollcy The charity ha$ no sel polw on reserves altlKwh unallocated reserves 0quaftt to one ye8rfs subscription ineom? Is deeme¢J wdent. The Clothworkers. Company annual chyth'on is resiricled for LIc8ntiatg funding. non- Licèntl8t8 bLbf88rias, and turtK)n 8t W$st D88n Cdlege. The Prinlvthers annual donatw)n and th• donab'on from the L8ath8r5ell8rs 818 r8stricl8d lor th8 Tran518rring Dgsign leathing project. Struetur•, governanee and management The charity is controlled by its goveming docun* a of trLtsL arn1 tilt¢S 8n unirwraknj tharfty. Designer Bookbinders is 8 registered charitable Irusl (number 282018). and 15 consliiut8d by the trust dee(13 May 1969 lamended 24 April 1999. 6 January 2017). The ExeKulNe Committee is re$kK1b1e for ts exeojiion of the FdKy and acl1¥rt ofthts Soth.
DESIGNER BOOKBINDERS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Tho Trust•¢s who sèrved durirvj th8 ye8r arml up to th8 date of ofthe fina381 5talements were." AJames K Maki R Ward-sale R Beadsmoore N Davias T Moore A Kitcharslda E Mercede8 S 8krnan L Miles {R8819n 26 April 2025) (AFvAnted 26Apnl 20251 R•¢rultm•nt and appolnlm•nt of trustw• The Exécutivè Commirtsè shall bo compos1 of 8 Pfvsidènt arKI ght cther3 who Bhall be elected from and by Fallows, Lic&ntlatè8 ant1 AssocAates ol the Socw a tsvo-year tem of office and for a(klitton81 term8 wilhoul restri¢lion. Excludtng thè Pradd8nt. fwr saats on thè EXojti Committ¢¥ sh811 be filled by Fdlows of the Society 8nd four seats $h811 be filled by Associates And Licenbates, wrfh o miNmum of one Assou8te and one Licents'ate, and Iwo others from the m*mb¢rship Ind)INj Hcffiorary F¢llows at Ihe tlm¢ 01 •ledn. Membors of the ExecutlV8 Committeg arè d¢omed to bè thè Tntstè•s of thè Soci•ty. Prlnelpal addr•$• 29 WindN5h Cront M8Iv8rn WR14 2XG Tha Tnjstees, report was approved by the Board of Trustee8. S Brockman Tnmtso 18 April 2026
DESIGNER BOOKBINDERS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DESIGNER BOOKBINDERS l T8POrt to the Trust on my ex8rnin8bon of the finaThial st8t&mts of DaSW BLMJklM"nder5 Ithg chanty) for the yè8r èndèd 31 Dwmbgr 2025. Re8ponslbllttles and basls of report As th8 Truste8s of the ¢h8rty you 8re re8P)wtAe ts Ihe preFeral of the ffinartial statomwts In a¢o)rdance wth the requlrements ofthg Charioeskt 2011. I roport in respect of my examinab.on of the charfW8 financial statement8 carni&J tjrt undw 145 of the Charitles Act 2011. In canwng oul my axaminabon I have folbwed the grven by tha Charty Commission under sectlon 14515llbl of thg Charldgs A¢1 2011. Indftd•nt •xamln8¢• 8t&tsm•nt Your attenlton is drawn to the fact that the chwity hos pr¢par•d th¥ lknan¢ial 8latemerts in accordance vAth th8 relevant Versi ol the Statenl of Recommended Pracke applica to ¢h#iities preparirrfJ their financial ststaments in accordance Ihts Finan081 Reporbng Slandard applicable the UK and Rèwblic ol Ireland IFRS 1021 In preforonce lo the A¢c<MJntln9 and Reporting by Chawilies.. Stslemenl ol Recomm&nd8d Prath"cè i1#d on 1 April 2005 whith Is rsfèrred lo in thé gxlanl regulabon8 bul has now been wthdrawn. l undèrstand thal thi$ has been done In order the Ilnanckg13tstements to 8 true and fair view in a(0n(% wth UK Generally Accepted Acojunting Practic. I have completed my examinabon. I confirm that no m8tt•rs hovè lo my attention in (J)nMction Mth th• oxamination giving mo causo to beli8ve Ihal in any mal81ial rnsp8Ct." aecounting r&¢ords wtsrt not kèpt rèspÈd of the tharity as requyed ty $tI)n 130 0lth& CharallgsA¢i 2011. the financial statements do not acwrd with those records.. or tha flnanclal $t8t•ments not cc¥mply wlth applica reqUIrwner concemlng the forrn ond content of finaneial stat•mènts s8t in th8 Ch8nti8s {Accounts and Rep¢ts) Regulations 2008 oihèr than any rgqutrem¢nt th thg Ilnarrial slaigmgnts a In and falr $w, Wh is nol a matter considered as part of an independent •xaminalrtM. I havo no ¢on¢wrA and L7)mo across M otrM mattors In Conne( wlth Iho oxamlngtion lo thlch attention shoubj drawn in th1$ rnFJt in to gnaW 8 wJ)¢r U1taall1j of Ihe finCIal statnts to bo T¢ached. Sarah Morley BA Ihom) ACA K•nd*ll Wadl•y LLP Granta Lodg8 71 Graham Road M8Ivgrr Worcestershire WR14 2JS Dated.. 18 Al 2026
DESIGNER BOOKBINDERS STATEMENT OF FINANCIAL ACTivmES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted Restsict•d fvnd$ funds 2025 2025 Total Unrnstricted Restrictod nd• funds 2024 2024 Total 202S 2024 Income from: Donations and subscriptions Charitable aciNths Invè5tm8nts 32,698 41.508 1.056 32.698 93.373 1.056 29.414 109.417 29,414 146,067 983 51.865 36.650 Tot•1 Incom• 7S.262 51.865 127.127 139,814 176.464 Exp8ndlturFJ on: Charitable activili8s 74.301 35.785 110.086 110.010 32,184 142,194 N•t In¢om• Ind rnov•m•nt In funds 18.060 17,041 29.804 34.270 R•eonelll8tlon of fund8'. Fund balance8 al 1 January 2025 58279 14,437 72,716 28.475 9.971 38.446 Fund balonc•8 at 31 D•c•mb•r 2025 59,240 30.517 89.757 14.437 72,716 Thg 8tst8mgnt of Iln8nci* a¢tio$ incW&s all and108ees recognis&J in the year. AJI Inc(rfM and oxp9nditure deriv¥ from ¢onts'nuifig 8¢tiviti'gS.
DESIGNER BOOKBINDERS BALANCE SHEET ASAT31 DECEMBER 2025 2025 2024 Fixed a$$•ts Tangib assets 12 2297 4,097 Curr•nt a88•ts Stocks Debtofs Cash at bank and in hand 13 14 13.958 1,050 88.498 1.626 2,239 74.933 lo3. 78.798 Crndltor8: amounts falllng du• wlthln on• y•ar 15 16.046 10.179 Net Current 8ss$ts 87.460 68,619 Total as•ets le8• current 89.757 72,716 Th• fvndl of th• eh•rfty Restricted income funds Unr88{ra{I fvnds 16 30.517 Sg240 14,437 58,279 89.757 72.716 Tha flnonclal 8t8tomwts apwovad by th• Trusttts on 18 Awll 2026 S Brockmon Tru$t•e
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMEHrs FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng polici98 Charity inforniatlon D&sYJn8r B<MJkts"ndw3 r6 a regthred caiity ErwJl#nd and ¥Vales (number 2820181. 1.1 Ba818 of prèp•ratkni The flnanrial ststements have been w•pared in a¢xordarKe %silh th• thanlvs weming douJm•nt, th• Chariti8$ Act 2011. FRS 102 Finarrial RrfK)rtirwJ Standafd aFvh'cabla in thè UK and Rewblic of Irelènd. and the Charities SORP 'AcccwJntmg Reportin9 by Chan.1$.. Stat8m8nl of RecThnm8nd8d Practi¢8 applicable lo thanti88 prep8riThJ thèir 8c(xxJnts in cordanCe the F¢nanCI Reporting Standard applic8ble in Ihe UK and Rewblic of IrdofKI IFRS 102r. The tharity is 8 Publi 8enefrt Entity as dofined by FRS 102. Tho ¢h8rty has tsken advantag8 01 thè prOty$ in ts SORP for thariti•s noi to prepare a slatsMt of ¢ash flows. T flnanaal ststsments have dep8rt&J from the Chants"¥8 (A¢uJJnts and Reports) Regulon5 2CX)8 only lo th& &xt•nt rÈqulrèd to provKle a true and fair vw. Thi% departtjre has invofved follo%Mng tho Slatement of Rè(x)mmènded Practice for charities apth.ng FRS 102 rather than the vèNon of the Statement of R•comnwdo(I Praclico ¥thi( b8 ref8Th lo In th8 R¢9u1atns trtrt 7Athith has b8on 7MllbJrawn. Th8 financial $t8tomgrts arg prep8red in slertiThJ, whkh Is thg ftMKI1 of thg charity. Monetary amounts in these financial 8lalements are rouThJad io ttr n0¥Jest L finan¢ial ststeThnts have been pr•par uThJ¥r th¢ hlthcal cost nVen. The ndPa1 accounlng policl&s adt$d are set out tth. 1.2 Golng cone•m At the time of approvltwJ the ffinandal statements. tho Tntst8as havo a reason0 8XFclaUon that the chamty has 8dequate resources to Conun in operathy1 existerth for the foreseeable ftrture. Thus th• Twstoe5 continue to adopl the going conc8m basis 018ccnting in preparing thg financial statements. 1.3 Charltabh fund• Unrestricted funds ara 8vai18tAo for u80 at the thsc¥et of thtr Trustees in furthernrt• of their thar6tabl• obj'ectrves. Restricied ltsnds arn SUt¥oci to 8peclThc cond4Oon8 by donors or grantors 88 to th&y rnay be us&J. Th• purposes and US of thè r•slrthd fuwKts are set ¢xrt in th• rth5 trj Ihe finand81 stgt8mgnts. 1.4 Iorn• Incom• is r¥¢ognis¢d when the charfty Is lJally wtiued to it after any Fwfonw¥K¥ rKknOnS have boen met. th& amounts Can nwsured relw, aThJ it is probable ¢h8t income 11 b8 rscèived. C8sh donations are re(xyi8ed on recw. Oth•r dc81 are reownlsad otx• the chwity has been notifigd ol the donation, unless performanck (dIlmS require deferral of the arrM)unt Irorne lax recoverab In rdatv)n to d¢Jn8tion$ receiv1 under GrfiAJ or dè8ds ol rA)vefwt 15 al tho timg of the donat. Legacies are recognised on r8C6iPt or 01herw if the chanty IKa5 been notffied of an itnperKlin9 distribjtyon. the amount is known. aE¥J relp expectgj. If tho an¥rt not kJKhvn. tho Wcy is trgalgd as a contingent asseL
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcl•s (Contlnuadl 1.5 Exp•ndlturn Expendttur8 is ffjccJnised once Ihw• a logal (K conslructive ot4kJatw)n to transfar enniC benefit to third party. it is pTobabJe that a transfw ol eu0C il be requwed in setUsmenL and the amount of the obl?110n can be aBu[8d rdiabiy. ExpandIlu is dassffie(I by acttwty. The cr>sts of each acbvity are made vp of the total of direct $ts and shared costs, induding 5UPFKXt costs invow in dertaknr¥j èach actmty. Dirgd cD5ts attributable to a slngle activlty are 8110(xted direcuy to that activity. Shared costs wthid) cKffllribute to than onè activity and $upport eo$ts whith are not attributabb to a Sing acli¥ity 8p1xed betrmen t)se actfvth'os on a ba818 ¢onslstent with us& of TesouTces. Céntral staff cctsts a alk>cated on the basls of tim0 spxnt, and deprocialion chargas 81tt8tsd cffi lh8 wNtion of the 88sef$ uso. 1.6 Tanglbl• flx•d ••1 Tangible fixéd assets are inlUaNy m&88ured at cosl aThJ subsewty ftwsu at cost cff valuation. n¥t of depreciat)n and any impaimiènt losw. Depredatlon Is recognlsed so as to wffte off the g)st or valuthn of assets kss their rwdL¢41 values over their useful lives on Ihe following basos.. Plant gquipment Web3Ke 20% 8tr8W lino 20% strahJhl Ilne The geln or k)s8 arMirvJ on th• d¥wl ofan 888et is datein•d as thè d1hror bets th8 Sa proc8•d$ and the Carn9 valua of th• gsgèt. ard rnwii88d in the si810ml of fingntyd activiti68. 1.7 Imp•lrni•nt of ftx•d •8Mts Al each roportSno ènd dato, the (arity rewews the Carn9 am(xJnts ol its tangibla assèts lo delerniino whether Ihero is any irN1icatb)n Ihal tlw assets hav• suff8fgd an 1mpa1rwnt loss. If any sych inditiOn exlsts, the recover86 amothrt crt th& 888el estimated in Otr lo dgternine the ext8rrt of the irnpalrnient 1088 lif any). 1.8 Stoeks Stocks are stoted at tho kr rf rA)St eslmated seLI'rvJ less costs to CLvnyet• Bnd sèll. Cost mprises dtrect matèrials and. wher8 applicable. direct labwr costs 8rKI those ovetheads that have been ncurred in bringiThJ the stocs to iheir pr1 locatn and cond. Items hekl ts distribulK at no c nominal considwation are measured the lthver of rgFAacet cost and C$t Net r8allsablg V41 b the estimated sellThJ all eslwnated costs and costs to È Incurred in marketing, 5ellirffJ and distributton. 1.9 Cash and ¢ash oqulval•nts Cash and cash 6qUfvants Inc ish in haThJ and depjsts W at (ll bars. 1.10 Flnancw Instruments The charity has elected to 8pply ts provinS of Section 11 '88src Fina131 Instrvments. and Sécb'on 12 'Other Finanaal Instrum8t)ts Issues. of FRS 102 to all of ts financial instwments. Flnancial in$buments are recJJgnised in the thaiW$ bwKe sht t•rtn Ihe diarity bneS paty to the Contr31 Frovi8ions of the instru1. Financbal alS and liabthbes arg offset. with th& net amcyjnls prgsth the finar•ial stat8m8nts. when there is a legalty enforceable rightto sel off TernISed anvjnts aThJ is an intentim to setue on a nat basis W to fealise the asset and settle tha 1*brtY simullarwusty.
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles {Contlnu•dl 8aslc flnanclal •ss8ts B88ic fin8nrid assets, indude d8btcYs and c4sh and bank b8Lqn<s. 8re initially measured at tr8ns8ction price indudirg Iransa¢A o)sts and are subsequonty carriad at 8morlissd rA)St usiro the effective inlgrg81 melhod. FinarHyal 888ets rJas8iW as reCable wilhin on& year ow not •rtirytl. Baslc fln•hchlll•blllU8• Basic financ481 liablt5. induding credrtors are in1t1al at trarWct?n wic•. Finandal Ilabilitigs cla&8ified as payable within year aro not arTh)rtis. Dobl instruments are 8ubsequenUy carri&J at c¢sL u$ tho offocIN8 interest rate m&thtsJ. Dorncoqnltlon of )7nanclal Ilabllhles Finanaal liabilrfjes are dC(gnise<l tho ¢hwiV8 otAigatsons expirg LY arg dTrs¢harged or c4ncell8d. Crltlell aecounllng Mtlmat•• •nd Judg•m•nts In lh8 8FpIic8tion of Ihe ch#ritys accounling pdicies. Ihe TnJst88s arn rèquirtd to mpke judgements, 8sts'mates and assumptK)ns about th• wryirKJ amount of assets and liabilit thal aro not readlly apparent from other 8our¢o8. The esbm8t88 al ass0tsat assumptn3 are based ort historica 8xpgn¢n¢• and t)thor factors that are c£JnsSdered to bè rdevant. Actual rèsutts m8y from these ests'mates. The e8ttmateB and uThJerlybw a88umpl*)n8 ar• èn (fflgc¥rvJ ba818. RslOn8 to a¢o)unttng eS'maS are recognised in the period in v4hth tho ostimate is revised where the re$1¢)n affttts only that P8rfod, or in the penod of Ihe rewsion a1 fU1u vthere the revision affecis both ctsrrenl and future pertods. Incom• from don•tlon• •nd 8ubscrlptlon• Unr•8tslet•d unr¢tod funds fuftd• 2025 2024 Don8tions and 9rfts Membership fees 15.809 16.889 10.271 19,143 32.698 29.414 Ineome from ¢h•rltsble aetlvltios Total fvnd5 2025 funds 2025 funds 2024 2025 2024 Chariiablo acliwbos (note 8} 41.X 51.865 93.373 109.417 36.650 146.067
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Ineome from inveBtm•nts Unr•strfctad Unro8trlctod fund8 fund¥ 202S 2024 Interest recolva 1,056 Expondltur• on charttabl• aetlvltl 25 2024 Dlr•¢t ¢o•t• Charitable 8ctivlti8s Inots 81 82,140 113.597 8har• of •upport and gOv•mc• ts IM• Dot• 71 Support 24.466 3.480 25,117 3.480 110.086 142.194 Anatysl8 by fund Unrestricted lund8 Rostricted funds 74.301 35.785 110,010 32.184 110.086 142.194 support costs allo¢at•d lo •thl¢ 2025 2024 Deproclallon of b$e In$ur8nce Postage & st8ts"(mèry Sgcrelarial & adminialknn Trav81 & msètings Website Bank charyJes Sundrias 1,800 2,175 2,694 14,IX18 608 1.566 154 1.461 3.480 1,800 2.297 2.197 14.234 1.012 2.076 252 1,249 3,480 27.946 28,597 InCded vAthln Gov8marK o)3ts £3.480 payablg to the iThleFW(knt oxarTun8r12024- £3,480).
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Analysis of Incom• al Exp•ndltur8 from Aclivits Incom• Expon•goSurplusl{Dèfie BwkblrKllng C(YnpebtThi Booker Fellow BiThJir Education Exhibition Costs Joint Workshop wilh Socaety of BcJktM Nabokov Project Newsletter The New Bcd(t4nd•r Publleatsons Book Sale HMorary Fèllow KI SupFNters G8th8ring 9.603 12,375 52.415 4.288 (7.1541 11t.7S51 134.6B51 17,1161 14.893) 2.271) 13.950) 17.207) {2,1181 {2121 17791 2.449 620 17.730 12,8281 13.0891 2271 13,9501 14.9981 5,269 11411 171 7.387 71 93,373 181140) 11,233 Pr•vlou8 y•r. In¢om• Exp•nsMSurplu•llD•fl Bookblndlng ComlIfi Booker Fellow 81n9s EdLtcallcA) Exhibrtlon Costs Joint WcKkshop of Bookbindws Nabokov Proiacl Nèwslettef SOB confor•n Stand Thè New Bwkt4ThJ8r Publieation$ St 8ride's Workshcy Salo Book Sate 12,375 37,740 42.830 111.7571 129.2801 138.0651 15,9241 113,6271 14,5701 18721 17.879) 11.623) 618 8,460 4,765 1,084 13.627 14,5701 757 1,300 7.819 16,5791 6,196 22,500 146.087 1113.$9n 32.470 Trusteès expense5 were paid lo 4 trust W¥wntirj to £44512tr24. £5471 was pald to 2 knJ8tees. in resp8Ct of tr8vèI arKI rneeb'ng expenses. Addllon81ty, thè f0knn9 fees expenses were to tnJste6s perbyj in the fvrttwanee of charitable activ0$ and 8w 8 rnixIuTe betsveen Fees & Hmrarium. Education fuThJing and tuition fees". . Amy Krtcherside- £1,266 (her Ientiate bursary lunding paid directy to iutorsl(x)ursesl Rithard Bea(IsmcKffe- £3,271 IE2.271 Bwker Binding Fee. £1,LKM) TNB Ed41orial Team) Angela J8m8s - £2.264 I£19. B(thr BindiThJ Fee, £12 Cover8d.Diswver&J {158b0n & Execubve Committee Eyr, £352 Bker BiThYiTrJs Admini5trabon Expense51 . Kaori Makn" £1.317 IDBUK cCrfnpetst Organisabon Expenses) . Fiathel Vvarrj& £2.271 (£1,315 Trartsferling Deswn West Dean Tuiti(. £95 Petersfield Exhlbftlon Expenses) Stuart Brockman £1, BITh11 Fee) . Nesta Dav¢es £1.626 ITr8nsferring DeSn Fdrth)ulh UniVerty TuTtionl . Linda Mil&s £5 {N8%lthr Editorpl Fee)
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 10 Ernploy•e8 The charity hod no emph)yees {2023. 11 Taxatlon Tho chafity is ax8mpt from laxabon on Ms a¢tknli88 bU8e all Its irwx¥ne bB appllad for charftabl¢ purpo8e3. 12 TangIb flx•d a86•ts Tot•1 Co8t At 1 January 2025 497 9.497 At 31 D•combw 2025 497 9.497 Dèprg¢latlon •nd knpairnwfit At l January 2025 Deweclation (*arged In the yaar 5.400 5,400 1.800 Al 31 De¢omt4r 2025 7,2 7.200 Camilng amount At 31 O•wnb•r 2025 497 2,297 Al 31 D•¢ember 2024 497 4,097 13 Stock• 2025 2024 Publicatlons and m•Jals 13.958 1,626 14 Dèbtorn 2025 2024 Amounts falllng du• wlthln on• y•ar. 1.050 2,239
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 15 Crodltor5: amounts falling duo thlthln y•ar 2025 2024 0th8r credllors Accruols and d8f8Fred ir 2.801 13,245 3.128 7.051 16.046 10,179 16 Rgstrlct•d lunth The re$lrbct8d funds of Ihe chartty mpriSe the uneypeThJ8d balan of donolkns and grènts h81d on trust sub& to $pecffi¢ condfdms by dcThrB aB to h¢M they may ba u8&J. At l J•nu•ry Incomlng R•¥our¢o¥ At31 2025 rnlour •xPond D•cemb•r 2025 The Clolhworker8' Company Pdnung Ch8rlty arrtj Leatherno116rn 21,460 30.405 120,5651 115.2201 7.951 22,586 7.381 14.437 51.865 (35.785} 30,517 Pr•v10 y•ar. Al 1 January 2024 Incomlng R•sour¢o At31 wMour* •xp•ndgd D•c•mb•r 2024 The Clothwukers, Company Prints'ng Charity and Leather3eler8 20,150 16.5LN) (20,9881 111.1961 7.056 7,381 2.on 9.971 {32.1841 14.437 17 Unrnstricted funds The unrnstricled furxls of thè charity comprise the unexpended balancos of don8tv)ns and grants which are not subject lo spedfic coThJrth)ns by 8nd grankns as lo IKW they may te used. Th85e indude desvJnated frjnds whkh have boon sat asth of reStried furKJs by Ihe INstees for Spe purKx)sg6. At 1 Jnry At31 D8¢omber 2025 r•sourc•s General ft]nds 58,279 75262 (74.X11) 59,240
DESIGNER BOOKBINDERS NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 17 Unrestrlcted fvnd$ {Contlnu•d) Prevlous y•ar. At 1 January Incomlng Resourc•s At31 2024 r•sour¢M •xp•ndod D•o•mb•r 2024 Goneral funds 28.475 139.814 1110.010) 58,279 18 Anatysls of n•t a88•ts ttw•on fun Vnrestrlct•d Rè•tri¢tsd fund¥ fund 2025 2025 Total 2025 At 31 DK•mber 2025.. Tangible at8 Current assetsllliablikn) 2.297 56.943 2.297 87.480 30,517 59.240 30,517 89.757 Unrnstrleted RMtrl¢t•d funds fund• 2024 2024 Totsl 2024 At 31 D•c•mb•r 2024.. Tangible a88ets Currant assWII'•bilil*sl 4.097 54.182 4,097 68,619 14A37 58.279 14,437 72.716