Chariiy numb&r 29608S The French Porcelain Society Report and Unaudited Accounts 31 March 2024
The Fronch Pore•laln Soel•ty Report and ac¢ounts Contents Chaty Informadon Trustbe5' report IndFend¢nt •x8mindw* report St8l•rn•M offin#1 èelwrl NoteB ts thg
The French Porcelan Socbty Company Infomiallon Currgnl Tru•t• Antoinette Megens-Kuhn. cha PatrIc FeffJvxxn- Vice Cha1Thlan resId durfrnj the yaorto 31st 2024 1n• Espeland. Tre88urw appothJ 31 JanLW 221 H8len Jacob. Secretary Rebocca Klam8r ROS1nd Sovll 23rd Jur• 2tr23 John Whileh4d Dkqna Davi8 r0n•¢I dLrrirvJ ts Jwrto 31Gt Marth 2024 Lttilr# Rob6rt8 Peter Burton Carcllne McCaffrtyHowth Arrflg Jack Errra M4nn¢ i8a Sani Cyrlè Frois8art Nick siagliar Sophi9 Freiin v Oer Geltz T4rn8rn Pr•#ud 23rd JUM 2024 Ind•p•nd•nl •xamlrhw C8lhwir A Wullarns Lknj Tho (Jd Bank Beaufort Stro•1 Cr1¢kol NP8 IAD B•nk•r• HS8C Bank PIC 94 K•riroitsi Hfvjh Str¢el I(¢[ralOn Lon W8 4SH Ch•flty'• pvlndp•l addr•M 9 Uoyd Str9•1 L¢ndon WC1X9AN N•w Ch•rlty pdtKlpal •ddrw• from 1Sth No¥wnb•T 2024 Cdltclknns Department Wo¢Jde8don Waddesdon Buthnghaff HP18 OJH 296085
The FrCh Porc•lain Sochty Ch#rtty number: Trust•es' Rèport 296085 Thv tIStee$ pr8s8nl the annual and In¥nrW slal¢mDnt8 01 foi Iho ygar ended 3151 March 2024. The flnaneid 51atements ha been prapared In accordar whh Ihe acCnI1g pdicieB sel ift note i to Ihe accthjnls and ¢onwty wilh thg CMntses trust dggd. lh• Charities Aci 2011 8n¢ the Slolemenl of Rep)mrnded Pracuce ANAic4• w8paring thoir o¢counts In aCc4rd0r w+th the Fthanc R8SK¥tiThJ St8n¢l¥d 8PF4icaile UK and Ropubllc ol IrolaThJ put1h•d on 16 Juty 2014. Slru¢tur•, gov•rnan¢• and man4orn•nl The Srtlaty 15 a rngi6tered chèrity. numtér 285 and Is ¢ctrJ and govwned by sOty nles. The ctants•s pnncipol aetr¥ity dunng Lhg tffibnued to be gdv8ncMwa the study ol French TN$t arn arrinl•J by momlJw8 of vn9 188 F4•c• 8nnu * tho Annu G•nero1 M#eting IAGMI usually held In Jw. Tru51eas ore oly14e lor rnappoinbnant 8VWy y88r I the A(iM an¢J remaln In Lrf15c8, unm ether lhelrp)sl¢ 18 ur Tgn. A ryjrrnnt I ol Iru$t•o8 and trth'r rdo8 i¥ in It lL¥Mln p. Fln•ncl41 R•¥lvw The sotlety 15 self-lundthg and in addrtkn to 5ncane ralBed vlo membw•ht) 8ub8crfptbnB, Seminars ana vits ore organfjsed each y•ar to •nable 8pwgcialM)n of Fr•nch PmJ•ln. Th• 9•nw81 lund Is unr••th¢tsd and arn ¥p•ni o• Tfu81tts ••• fil for wrpo•• me¢t lh• •lrn ¢>f Ihè So¢ty. Tho SpeL# luF%l. PubrOn8 lund. Mtha Wabmf SIT G8offr•y do 8dlaiy BtyuMI re reslrfctéd fuThJs and rnon8 •penl In Koy¢ar¢ wllh lh• xh lun¢fs purpos0. lIn Obb¢iiv Tho French Peffjedsln So¢Jety 18 aelklundlng and In addlOn to +rom• rthd vla mornb•rn gubgenplth5, and 011r v•entB •r• ¢yrnsed throughout Iho ar to the stu nd appracl81kn of Ewopean c•rnrnts. Tho oblquive of Lhè Sctty & to further Iho siudy and Opprtn thl European caramk•. indudlry French ptycelth Th¢ tnjsthea confimi Ih81 Ihey h8V• gmjn due regard 10 the by th• Charth8 cornmiMI pubh¢ b•n•fil docldlrvd what acvItIeS the Society underlBkes. Th• trusleas presenl thatr annuBI report ond fflnarrizl Slatwnents of the charfty for Ihe ye8r 8ndgd 31M MKh 2024. ThB finandal ststernents ha¥• prgpornd 8ccry¢vn¢• ith Ihe •(£rAtn sel oul in ncA• 1 to th• aceounts and comF4y w(Ih Ihe ¢anlth 1fto1 deed. Chantsi Act 2011. and the St81grnenl ol Recornmenfjgd Pr•aice lo chaMe3 preponng their nts In &ciX¥dare FlnAn¢i4 Reportlffj Stsndard ap1¢11• in the UK •nd of lrnFand w.h•d on 16 Jdy 2014. The Socty i8 8 logterI ehorty. wmbor 29608$. orrfl cortY&d #nd gov&) by SOGW res. Th ¢hori5 •¢b¥My duriNd yaw ¢tino lo b• th• of French and otrr Europgan porcl•'n 8nd pottery of dl hiskni ponods. arK4 lo lurther wblic knoladge 8nd appre¢latiTrrT Ot ThESe rnS are 141Fled wth an activg FYcwmm of Ir¢S, SyTnp03, and v+BitB to cdlè¢lon$ wih'n UK ato#d. Scholarly irnal& and neW•er6 alBO pvodLKed io help achi8 the sx19 asms. The bsite o wirK)w inlo the Societys $its lo Jllectpons, $ludy day5 and han[rj sessions. pubIc8n$. It IJ also an Iniroduthon tr) our 5ubioct, wth sttti0 Ih8 pNcdn lacJ(¥1os. cwamk rn*18, tschrdtw•4, and marks, and links b soclebes and arwrN1 lh& wld
Th¢ Frnch Porc•laln Sochty Charity number. Tru6to•6' Report 296085 ThB French PcelaIn Sodety is on sdk1 Ic)tlng u we ccrtLJJe wr 41)th ar in exjstence. Our rinanciat strenglh 15 ijwng lu Ihe generostyof gurmernbers. pa$t and pro$0rn, and w the rMnao•moni of Lwr a88019 by past treasur•rs. At tho Amu Gw)ornf Me6Jng IAGMlon 29th June 2024. 11 W8s anrMwncd Ihai N8tte K4egens would b• sm)pino a8 Chair. condLxlry her w)ur• of Ir yoar& h88 been reFdac•d by CtrCh81r$ Mia Jack and Nick SW1a. Atso AGM. w• wdtomad now Cornmitt mbern". Tre85U¢8T EspdaNJ and OTdts18ry lknber Skmn Sw. Slnce tr18St Chalrman's thé Frenth Portqlaln Sod&ty ho8 a ntr• Pr•¥kl8ftL wlth T•mara Praaud replar4 Prosidqnt Ernents D•m• RosBIl¢ S•vl. Tho FPS has over4tJ) mombDr$ the wykj. Many ol thD6e camo to u6 dudnB cOd when we were among the first th¥te oroanisation8 to ryasent leciur8& CNar lh¢ past lour rs, we have have nety 50 Lmtvj Room LethJfp• 08 as &ympD618. Th16 y we hosted a sumrner cJtlng to Waddesdon ManNto see an eNthlbilh)n the greal•8t Sévrn8 point¢r. Lws-0onk Arnd Ek#w. was •ttond•d by 40 pwts. Our SchdwB gw olixamh? anlmwkngts urKlw Ihg wJe of35 h•B arrmd 20 momb•rs Irom th• UK. th• US. and Iht Conbnenl. and group mo9ts tyimonlhly for Zoom s•55k¥s ellh•r l•alurkng rn8fflbor5 01 tho gwoup or Yrtth Bonlor sth(4or$. The groth 01 th18 group Is •xtrgrnety Smgcxtsnt to ¢he S(Kty 09 ft rwo8ents the of our fdd. V¢4urn• X ol The Porcel#in So¢•ty wt4hed at th• ol o•cber 2024. It edèbrkiès Ihe Sca8ty'S 401h ght 8rt188 by an Interna1kn81 gr(MJP of 6chc4ar8 on Ihe topi¢s of colecttys. doal•r8. and cur•iots largely in ihe 20th £•nry. We pubthgh Now&er arty whi¢ tsYJo8 to m•mbw8hip •Th1 a brol•r fgrship ond l•atures book and exh110 rwl6wB, th>rt articks. ac4whxon •nrK)unc•mvnls, and rncn. ol W• Bre very gralalul lo be able to 8UPPOrt xholaro In fidd wAlh lor tr•¥•l, r•M•rch. •nd Put40. Our r•cAnl grants hav• t4xn sn Bupwi ofvw forthrning French •dilw ol Tamer• Pra81.$ 1andrn8 work on s¢ulpbJre 81 Sèvr•5 from 1740 to Ihe pr858nl day. W8 hav8 also mado grant 8UPPft ol ArtUK'$ prograrnt to a 1¥9e sharè of cwamt5 held in pubjic ¢¢)n$ Ihroughoul lh• Unii•d Kiry5om. And Ihe Fr8n¢h Porcel?In Socioly Is e8$6 10 be underwrflw 75% of a plaGe In the Altsngham Surnmer sChC lor a qulfied membgr ol the FPS, hovlng In 2024 tsnd•rv*Yltt•n ot• F4•¢• in lh• Rwl Cd•cknn Sttsd run tyy lh• Atb'ngh•m Trwl. In ihg rn(¥thB ah#d. b8 dhjthing IM hwtsnl of D•vld nd 91$hIr8 those our wabsile. as Frfjsting al ol ow PBBI Living Room Leclure8 onlo YOUTU so Ihat 4 of th15 eaalThl materfal CM be 5hBred wth the general publlc lo hdp Accourtllng r•pwdng rn4PMl}lllI¥ The chartty trytsl tre reSponlIe for pwBring an r8port and financi glAlements In CA)rdar the 8prlk>trJe law aTrJ UK GAAP (GeNlY Acr4ted AcrAMJntlng Pradcel. The Charbties Act 2011 rnouires lh• charitytrusitss ts prr¢ fm8rKial ststements for 6ach yfrar which gN• A trt and fair vlew of th¢ stsle of affairs ol Ihe for Ihal peA¢>t In prap8rfno thè finAnd81 statÈmènts , tht trutstees are to:
Th• Fr•nch Porcelain Socty Charlty number: Trust••$' Report Z96085 . Ob5•MI the melhod$ and tho ChwNes Siatsm8nt of Re9)rnmded Practic ISORPI . Mak• Ients 8nd e8tim•l88 8Te rnagonBtl• - St8te wh•lh8r apP8b accountiry standards havo bggn lola1. mat•rtBI dgparlyres discbs•J and 8Waine¢ In financ4151olernwrts'. . PTaP8re tho finaDC1 Sorn•A on wng url8B6 ft 18 In•pprosYl to pre5urno Lhal ¢hantyil ¢onlinwt as a w"r¥J CL¢¥ The irLAleas arè r•spMQ for ke8plng prop8r WWnlJng rerLffds IW rea8onatA$ atturnry al any tsmo lh• finantsal F<4t¢on of the charity and kn arwi40 Ihm to onsure Ihat Ihe nnandd 8tatgmentS CfMF4y lh• Chonlw 2011, thè appt Chanti•s (Accounts and Reports) Re9uI8U¢m 4nd Ihe of tre Irust dqed. Y ? dgo 5psle for 8&1ogu8rdiry the 8s8•ts 01 th• elwity and r• tsking roaBonaW• $t•ps lor lh• w8v0ntion •nd Thh r•pon ¥A$ awovqd byts l>owd ofTTIA8 (i.J1 Ir2024 and ined on ts beh*r. Arndla J8ck•L Co Chair
Tht French Porcelaln Soclety Ind•p•nd•nt •x¥mlrr8' report to lh• boord ol on th• Ewaratlon rf tho un•udll•d counts olThp FTw¢h PorG•ldn So¢ty y••r 8ndAd 31 2024 We report on th8 exarnin011 tsf the 8c¢ounb ol Th? Stt•W lor th• yw •nded 31 IAarch 2024 wh are sel P89è5 1 tts 6. R••pWfr4• Y••poMlbllldu oftkn #nd •xln•r Tho ChaiiV$ tyuslees 8re rg$wnsit4e for the Pf8paraiion of the accwnls. The Charill6 iru$ts65 cOnsr an 8udit 5 nol requlr8d lor this year lunder 144121 ollh6 Chanues A¢1 2011 (th9 2011 Athl ènd thai an Shdop¥r¢dant rded. It b our r98pons1kn.lity to.. - •xEmino the accoun16 Lmd•r 145 01 lh• 2011 4 - to follow the procedures laid ¢Jown In th? Gww)l DIr¢iS ty48n bythe Chgrfty ¢rnn vTrJor - to staf• Whh•r partrar rnattttrs cthi• Jttwrti¢ B••ls of th• Ind•p•ndont •x•mIn5 f•Wt Qur exarninalwjll Wfas tatt In 8ccorrt•n the Gener dlreeiiJns glven by the ChAf C¢mmis$er3. 7 e¥8mlnatson lTrgudes a r8yw of th8 accounttng records kew by the charity and • comp8n8on of Ihe pre8•nt8d 1h Ijw fKry¢•. 11 alfyts Indud•s con$idarabon ol 8ny unLwual l¢em8 or dlJdossJrns tn Ih? a¢c¢xtnts ¥•J seek1 ¢XF48natkns from Y as trus1805 concemlng Juch moltw•. The procadum u18rtak0n do Th)t prowth 11 tho wk10n that would t rwuired of an ou¢Il. cmquenty I do noi •wr•u an audil Ihe vi• giTrMfi by tha occounts. Ind•p•nd•nl •xarnln•fs •ttht•rn•nt In lh8 cour$• of our oxaminallon, no mattor has tsjrna to atténtion.. IA) gives us r8860n8010 caus• lo b8li8v• th#1 in. thny f•8p•cL tho IfUSto8& have nol met the requiremenls lo enstsre Ihal.. ' ptoper 8ccrwiUno records ar• k•pl in •Cc4Xdw 7ih s•Gtson 130 01 thfr 2011 ' account¥ • piepwod Yllth Tth lh• acGounb'n9 and cOMY th• accounbr¥ f•Julr•nwts Ihe 2011 A or IB} to whklb, In my cWnkni, thnlkn bo ¢v•m In ¢ydw * enatl• • und•rnt•NllrvJ of Catherfr A Wmlams Lttt Chartor•J Accojnlonls The 88nk ee8ufort Str88t Crkkhodl NP8 1A0 41112024
The French Porcelaln So¢l•ty R•glst•r•d nurnb•r. Balan Sh•¢t at 31 M•r¢h 2024 X124 2023 D•biors C88h 81 bank end in h8ThJ 8.4 118.602 127.052 5,889 111.187 116.876 Crgditor¥.' •mount• l•lllng wlthln #n• 11.9Z71 10901 N•1 ¢urr•rrt •M•ts 125.125 116.186 N•¢ M••t• ¢•plt•t and r•s•rS Profil and Iw acnI 125.125 118.186 8harnhdd•rn' fvnd• 125.125 116.188 The dlrethjrs we sabsfied thal the ¢omp8ny M enbtsj to WnPl¥1 Iroffl th• wulrenwli to oblairs an audil under 5•Cti 477 of ¢h8 Ccffjpanw Ad 2CW. membe¢s h¥vtr no¢ rnqulrtd ts o)mpony to Obtsln In 478 01 AGL The dlrectors ockrmyhledge the rempmIeS 1ty &fig wlth the fwulr¢m#nts ol th• Compani88 2006 wflh r8specI to acg)unl* r•¢th thfr prwarnbon ol Th¢ aC¢thJn have pItr¢0 and dellvered In Bccordanc¢ wllh the $pedyl sxoviskxffj PF4katrA? to COrnP8nies wbjtct to lh• Sm1 tOrnPm•8 rtyme. Tho wgfit accwnl ho• )1 been deler8d lo th• Reglslror ol Ctsmp&n. Amdlg JBck•on Co Chr Appioved by Ihg toBrd on.J11r2024
French Porcelain Sorlvty Notès to the Accounts for the •ndod 31 MAr¢h 2024 1 Aerountlnq po#¢l•• 8s1s ofprnpar•tlon The accounts lfinancJal $eMnts} have been prepar8d In aCC£danC• with the rel8V8nt V8rJh)n ol the siomenl ol Rewftwnded Praclt4 chWi$ wepanng Ih•ir accounts aordance the Hn8nd¥ ReFry"r9 Standard appficatl8 in ts UK and Republk of Ireland IFRS 1021 and Ihe FknancJal ReFortrry Sndd applrAble lft Ihe Unlted Kingdom and Reputli of I¥j IFRS 1021 and IM Cn3 Act 3)11 and UK Gth)waly hpIloOniln9 Practlre. ¥¢county sMntsl hDv8 ten pr8parBd 4nd vlew and hav dopart8d Irorn Chaiith08 (A¢¢oU R•p(tsl Regulat$ 20Ce only lo the &8t raqulr8d to provth a Ir Bnd lair d•poTiure ha5 Ifivod Irwrq tho rvan¢ ¥wsion of th• Swtpment of Rwornendod Prn¢tirn aprlicaLle Iv L•rides prgparir¥ th81r In attotdance Trthth Flnanda Sfandard applrablo In UK and Repubk of Ifeland IFR51021 rather Ihan lh• A¢eounliTrJ and Repyling by chare5.. Slal•m•ni of RTr•ndod Practtt offpclive from 1 2005 fv"Gh has SI0 lthdra¥m. certAin Ih81 lh• r•SOUfC8S wdl be r•cNd It• mon•tsry ¥ak• of th• Inwrnty r•8ourc•8 b• mè8¥ured wth SUnI r•iobdty Li8b4111és ar• r•cwkn•d •• rè•our¢w •xpwd•d aB •(Th a109•1 conknuth 0lAWts C1mIllIr#J ¢he tharty lo ts •¥pendthr•. 1 xpgndrtur• $ &counl•d for an on Ccru5 t)as18 and ha3 been c18ssff the heaQlngs ihal•¥e9ate costs rdolnq to that categ(ry. Deblor# Short d¢blors are measured al Iransacl)n Iwhi¢kn 18 u8uty fv Irwtyc• wic•l. less any Impoirnwtl kjsw lor bod 8nd doUbu d•bi¥. Loan• frnwvol assets are Inrtlg#y rn¢ogntsttd ai trafisacllon prf¢e inthmllnq ary w8nsackn cos18 and Subsequtty rneasurod al •morth8¢d Msl de1•rmWrt u¥ir¥J Ihe •fl•cbve ¢nteresl rnethod. Iwi any Impairynont loues lor and dwbtfvtl debts. Short tem er8dltors are rnea$ur•J Bl Iran88¢Uw F¥lc l%%filch l¥ u¥u&ly Iee wKel. Loan8 and other finaneid IWIe6 •re recoanised #l trnn5xtion pric of any tr8nsa¢Jon cos$ and •ut4•tywffjy me¥owed at •mfMlwd cost d•t•m)nMfj •fftttr¥a Int•r• rnelw. FvW9n ¢un•ncytr•n•l•llon Tfansactions In lOrgn cwrenc¥•s arn inroth recognis•d èt Ihè rate ol •xcharo8 rukThg al Ihe date of the At E1 of each period fore ¢urrÈnGy methry ttems are traated al Ihe cknng rate of oxchange. Non-rrDnawry tt•m5 thal are m88surgd at rosl •rB Iranslthl at Ihe roie al tt dat• of lh• trwtts¢l. 4r• th8rged to profft or knss.
The Fr•nch Porcelaln Soclety Not•4 to the Accounts for the y•ar ended 31 March 2024 Baslc frnanclal agatta arn Inrfialy r•cc9ils•d ai transxkn pit• Indfir@ any transaeocn costs arKI 8ub¥gqu0ndy rn¥8Burgd al arnryts¥8d det•miin¢d Iho •ff•ctivo intsr•51 rn•thod. 8aslc fina1 liabiliti88 are InlY rwls8d at Iransacllon price n81 of any transacdon c08ts 8ubwu•nlly rn•aIur ai am¢tii eosi do Ur¥ th• •ffth• lrttw• m•tho 2 Ind•p•nd•nt Ex•mln•tlM F••• The thrtendl 8xamlner8' lor •ndltyJ 3181 2024 Y¥o te60. 12023.. £630.00) and wore unpaid ai th• y•arnnd. 3 EM•y4•S 2024 Numb•f 2023 Numb•r Avvrthw numb•r Ofp èm0)d by IhB 4 D•btor• Tradè D¢b14. Suba¢ripllC Éxp•n88s Pak¥ In th•nca Sundry Dobtor Bod D•bl Provkn) 5,825 24 18001 {1,0001 8450 6 Cr•dltorn: amoun1• falllfig du• *#hln on• yJar 2024 2023 sub)tK)nB in A(fv Trade crgdltry¥ cr1d 1,344 1.927 632
The French Porcelain SoGlty Nole8 to ltye Accounis for the year gnd•d 31 Marth 2024 Mov•m•nt In M•lor Fund B•kn¢• In¢om• Outgoln9 Fund BAI?nc• Bhvd R•8curc•• R•sour¢ Cfwd rol Unresineied Fund Publl¢ats)s R48rrictsd Fund Specd RestntAOd Fund M•vi$ Bewest Rustrld FUNJ Sir Geoffr•y ¢J• Bé1oyJ• 8equ•sl R8Strktsd F(D 92,169 (26,8461 (1,4861 101,730 5.035 13,28S 13.265 2.748 2.748 1347 2.347 116.186 37.273 28.334 125.125 7 TrnnMthn• TnF¥t•M and rnlatqd No Trusloe r•c•ived r•mun•ralKn or b•rfits Irw charity durfNJ lh• •Tr11ng 3141 M#r¢h 2024 lar Ih•'r rc4e a8 thJile•. Tru¥• •t thi• crf th• 8w•rd. tmrda C1$ for o book w c•r•m8. 6 Ch•rlty Inforn)•tt The Fr•nth Pty¢•lakn Sor4'•ty r4 • wbt•r•d ¢honty,r•wlr*b)n rwJmb•r 296085. It• prkncip O Uowl Street London WC1X 9AN io
The French Poreelaln Soelèty D•tsllèd profft •nd IS accounl f¢r th• y•ar •nd•d 31 March 2024 T¢)thl Funds Tol•l Fund• 2023 35.5rJ 44.063 AdminlralN• expen8•5 128.3341 148.5731 Op•ratlng •uvpluslld•th*l 7,169 14.5101 Inl•r•sl re¢&vabl• 1.7 197 8urplu•lldafictt) l>•for•t•¥ 4.313 11
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