Charity number 296085 The French pOrlain Society Report and Unaudited Accounts 31 March 2025
The French Porcelain Soclety Report and accounts Contents Page Charity information Trustees. report Indpendent examiners. report Statemenl of financial activities Balance sheet Notss to the accovnls
The French Poreelaln Soclety Charity Information Currant Trustèès Antoinette Megens-Kuhn - Chairwoman resigned August 2024 Amelia Jackson - Co chair apointed August 2024 Nick Stagliano- Co chair appK)inte(J August 2024 Micheline Espeland - Treasurer Helen Jacobsen - Secrelary Rebecca Klarner John Whitehead Carolina McCaffrey-Howarth Peter Burton Letitia Roberts Errol Manners Elisa Sani Cyrille Froissart Sophie Freiin Von Der Gollz Simon Spier Tamara Preaud Independent examlner Catherine A William5 Ltd The Old Bank Beaufort Street Crickhowell Powys NP8 1AD Bank•r$ HSBC Bank PIC 94 Kensington Hh Street Kensington London W8 4SH Charlty's prlnclpal addr•88 from 15th Nov•mb•r 2024 Waddesdon Manor Waddesdon Aylesbury BUckIngh8$hire HP18 OJH Charlty's prlnclpal address to 15th November 2024 9 Lloyd Street London WC1X 9AN R•glst8r8d numb8r 296085
The French Porcelain SoGiety
R8gisterBd nufflbpr..
296085
Trust8os' R8port
The Iruslees rKesent tsr anNal finanud 51alem ol the thaiity for the ended
31st March 2025. The finarKJal stamem$ have been prePad hl ar£Ordan the
ies sei out In note 1 to the aCCnts ar comrAy ¥Trilh Ihe ctsriiies tr1 deed. the Chanues AL
2011 and the stsmeni ol ReCrnMeed PlaCe aprILe 10 chaMÈS epari trir acCnL
in accordance with the Finanud Siarthrd aable tr UK and Rewtrlc of IrdaThl
published on 16 July 2014
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The French Porcelain SoGiety R8gistered nufflbpr.. 296085 Trust8os' R8port Ac¢ounting •nd r•pDrbng rfjspon¥ib4rf The chanty trustees are responb fcrf eira an amud aThJ finla stsments aCeCrfdan the applicaNe and UK GAAP Acwied AcctrJrtry Prxtrel. T Chanik% Aci 2011 wi$ the chanty $tee$ to ryep3 financial stsments far give 8 true End fBif VWI Of1 of èffaifs ol the tharityfor that p¥th. In tr finanti71 ststements, the trustses ale rul1 to., . s81gct6uitae a¢counbng wland .Obserye the fflethovJ5 pnKWes In 1chaS StalepnI of ReCMerd Pr - MakelLgementS and esbrnaieslhal arfr reasona14&arwJ - Slate whether appIlble aouunting staThJdSha bBen tLknd. toany rnalwial - Prepare Ihtr fin$nri¥l $tsttmenbffi tkgoiry It to we¥L¥ne • tho ¢htyvll The trustees are Fewn%ble foi keerAThJ a2coJntirorns thai diseltssa ith ttr8¢Y al any lime the finthIj rM)Sibon ofthe chtyand to anaNèthBm en$elhat thè fiThanc ststements comply¥wth the Chariiie5 Aet 2011. tha Chariiies (A16 a R£ponsi R8gulatKJns and the Irnsitlaod. res1AA lor sofeguwding Ihfr è8S£t8 Oft thamy re•wJe stws fvytrry¢ 8TrJ ¢¢tectknn olfrAud ar ¢thorlrwvnbS. Amalla J8¢k8 Co Chalr
The French Porcelaln Soclety Independent examiners. report to the board of trsutees on the preparation of the unaudited aeeounts of Thè Frènch Poreèlaln Soel8ty for th• y•ar èndéd 31 March 2025 We report on the examination of the accounts of The French Porcelain SocAety for the year ended 31 March 2025 which are set out on page5 1 to 6. R•spèetlv• rèspanslbllltl•s af trust••s and •xamln•r The Charilys trustees are responsible for the preparation of the accounts. The Charitls trustees consider that an audit is not required lor this year lunder section 14412> of the Charities Act 2011 (the 2011 Acll and that an independent examination is needed. It Is our responsibility lo., - axamine the accounts under secbon 145 01 the 2011 Act- - lo follow the procedures laid dovm in the General Directhons given by the Charity Commission under section 14515llbl of the 2011 Act ,'and lo slate whether particular matters have come to OUT aitentic Ba$18 of th• Ind¢nd¥t exomln•e$ r•port Our examination was carried oul in accordance with Ihe General directs'ons given by the Charity Commissioners. An ex8min8tion include5 a review of the accounting rocords kept by the charity and a comparison of the accounts presenleil wth those records. 11 also includes consideration of any unusual items or disclosures in the accounts anil seeking explanalions Irom you as trustg9S concerning such matters. The procedures undertaken do not provide all the evidence that would be required of an audit, and consequently I do not express an audit opinion on the view given by the accounts. Ind•p•ndènt ¢xamln•r'8 Stat•m•nt In thg course ol our axaminalion, no mailer has comg io attenlion; IA) which gives us reasonable cause lo believe that in, any material respect, thè trustee5 have not mel the requirements to ensure Ihal.. ' prop8r accounting records are kepl in accordance wilh seciion 130 of the 2011 Act., and ' accounts are prèpared which agree with thé accounling records and comply with th8 a¢¢ountin9 requirements ol Ihe 2011 Aci,. or IBI lo which, in my oplnion. attention should be drawn in ¢yder lo onable a propfrr undgrstandlng of the accounts to be reach8d. Catherine A Williams Ltd Charttsred Accountants The Old Bank Beaufort Street Crickhowell Powys Npe 1AD 16 September 2025
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The French Porcelaln Soclety Registered number- Balance Sheet as at 31 March 2025 296085 Notes 2025 2024 Current ass Debtors Cash at bank and in hand 8,745 92,844 101,589 8,450 118,602 127,052 Creditors.. amounts fallSng du• wlthln one year 11.2251 11,9271 Not curront asséts 100.364 125.125 N•t a$$•t$ 11Y),364 125,125 Capltal and reserves Profil and loss a¢¢ounl 1(Kl,364 125,125 Sharehold•r8' funds 1(Kl,364 125,125 The dir8Ctors arg satisfigd that th& ¢ompany is entidgd lo exempti¢)n trom the rgquirgmenl lo obtain an audit under sects'on 477 of the Companies Acl 2006. The member5 have not required the company lo obtain an audit in accordance with section 476 of the A¢1. The directors a¢knowle<lge their responsibilities for cOmpln9 with the requirfrmonts of the Companies Act 2006 with r•sp8Ct to accounting records and th& preparats'on ol accounls. The accounts have been prepared and delivered in accordance wth the special provisions applicable lo companies subject lo the small cofflpanies regime. Thè profil and loss account has not beèn delivered lo the Registrar ol Companies. Amelia Jackson Director Approved by the LK)8rd on 16 September 2025
The French Porcelain Society Notes to the Accounts for the year ended 31 March 2025 1 Accounting policies 8•sls olpreporollon The a¢counls (financial ststementsl have been prepared in aQxJrdan with the relevant version of the Slaternent of RecorntTnded Practi applicab to charities preparing their accounts in accordance th the Financial Re[m)n9 Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Financial Reporting Standard applicable in the United Kingdoffl and Republic ol Ireland IFRS 1021 and the Charits"es Act 2011 and UK Generally Accepted Accounting Practice. The accounts lfinanryal StatennIS) have been prepared to give a true and lairf view and have d8parted from th8 Charities lAc)untS and Reports) Regulations 2008 only to the extent r8quir8d to provide a'true and lair view,. This departure has inVved follwng Ihe relevant version ol th& Statement of Rewrnrnended Practice applic2ble to ¢harilies preparing their accounis in accordance with the Financial Reporbng Standard applicable in the UK and Republic of Ireland IFRS1021 rather than the A¢¢ounting and Reporting by Charib8s.' Ststernenl of Recommended Practice 8ff8Ctive from 1 April 2005 which has since b88n thdraWn. Income Al incoming resources are recognised onc• the charity has an enlidement lo the resources. il is certain that the re50urce5 wll be received and the nK)netary value ol Ihe incoming resources can b6 measured with sufficlent reliability Expendl¢ure Liabilities are fecognised as SourceS expeThJed as sth)n as there is a legal or cL)nslruclive obligation cornrnillirg the charily to Ihe eXpendrtU. All expendilure is accounted for an on accruals basis and has been dassrfied undef th6 headiNJs Ihat aggregate all costs relating to that category. Debtors Short 18rm debtors art mtasured ai transaction price Iwhich 1$ usually th? invoice piieel, less any Impairment losses lor bad and dwbtful debts. Loans and other finanaal assets a inilially recognise(J al transaction price including any transaction costs and subsequendy measured al amortised cost tjetemiinod using thè èffecbve inierest meihthj. less any impaim)ant losses for bad and doubfful debts. Credltors Short term creditors are measured at transaction price Ivthich is usually Ihe invoice pricel. Loans and oth8r finanaal liabilit18s ar8 inilialty rec(NJni5ed al Iransacti( pri(x net of 8ny tr8ns8ction costs and subsequenty measured at anKJrtised cost detemiined using the effec'Ve interest method. Forelgn currency translatlon Transactions in loreign currenrA8S are initialty reCnISed 81 the rate of 8xthang8 rulirrfJ al th8 date ol the Iransacknon. Al the end of each rep)rting period foreign cUrncY monetary items a translated al the closing rate of excharoe. Non-mnelary items Ihal are rreasured at historical eost are tran51aled at the rate ruling al the dare of the tran5aL1ion. AJI drfferen5 are charged to profil or loss.
The French Porcelain Society Notes to the Accounts for the year ended 31 March 2025 Trustees remuneration The Iruslees received no salaried remuneralw)n during the year. Assets Basic financial assets are initially rAnised at transaction pri¢e induding any transaction costs and 5ub5equenly rneasured at arnortised cost detertnined using the eflective inle¥e5t tnethod. Lloblll¢le$ Basic financial liabilities are initially recognised at Iwsaclion price net ol any transaction costs and subsequenly measured at amorbsed cost determined using the effective inierest methc*l. 2 AnalyBi$ of incomg 2025 2024 Charllabl• a¢tlvltl•8: Subscriptions Seminar. AGM & Visits Book Income Publitstions Incomè 15,195 9.863 11 165 16,365 1 5.720 195 25.234 33.144 2025 2024 other Sncomo.. Donations 2.179 2,179 2.379 2,379 Tolol Incomg 27.413 35.S23 3 Analysls of eXpendIre 2025 2024 Charllabl• actlvltl•8: Seminar. AGM & Visits Bursary Journal Publication c¥Jsts- Book 13.661 11.3C 19.886 313 45.160 10,096 6,842 802 1,486 19,226 2025 2024 Other expendlture.. Bad debts Poslage Stationery and printsng Bank charges Insurance Software Exchange differ8nce5 & charg8s Sundry expenses Accountancy fees Bookkeeping costs Advertising an¢J PR 200 432 19 942 789 1.831 241 2.102 356 100 969 1.323 2.872 9.183 792 1,997 1,387 9.108 Total expenditure 54.343 28.334
The French Porcelain Society Notes to the Accounts for the year ended 31 March 2025 4 Independent Examination Fees The ind8pendent 8xamin8rs' fees for the year endiry 31st Marth 2025 were £705.00 12024.. £660.00) and We unpaid at the yearend. 5 Employ885 2025 Number 2024 Number Average number ol persons eMOyed by Ihe cx)mpany 6 D?blor$ 2025 2024 Trade Oebtor8- Sub5CriPticffis Bad Debt Provlslon 8.945 200 9,450 1.000 7 CrlI0r•.. amounts falllng dug wSthln ong year 2025 2024 Trade creditor8 Taxation and social seDJrrty costs Other ¢redil¢xs 75 583 1,050 1,225 1,927 8 m0Ment In Major Fund• Fund Balane• Bfwd com• R•sourc•8 Outgolng R•sourc•8 Fund 8alance Cfwd General Unrestrictsd Fund Publi110n$ Restricted Fund Special Rastrictod Fund Mavis Watnoy Baquest Rostrictad Fund Sir GooffY dè Bellaigue Baquest Restricted Fund 101.725 5.035 13.270 29.412 165 {54.0301 13131 77.107 4,887 13,275 2.748 2,748 2.347 125.125 2,347 100.364 54.343 9 Reserves The French POraIn S8& tM'-annual pumals, s8minar5 and visits for the self appwation of French Porcelain are financed from unrestricted funds. In order to be able to ensure that the Society has sufficient available resources lo ensure Ihal this rxogramrne of events ran continue to be offered. the policy of the Trustee'5 15 to endeavwr to rnaintsin Ihe Souetys reserves at a minimum of hvo years, estsmated unrestricte(J expenditu. The Iwstees th to ensure that the Society once again rneets Ihis level of reserves.
The French Porcelain Society Notes to the Accounts for the year ended 31 March 2025 10 Transactlons wlth Tmstees and relatet1 party transactlons No Trust88 received rernun8ratic or b8nefits from the thanty duriThJ th8 year ending 31st March 2025 lor their role as trustee. 11 Charlty inforn)ation The French Porcdain Sotsety is a regislered charity, registration number 2%085. Its principal office is Wadde5don Manor Waddesdon Ay185bury Buckinghamshire HP18 OJH 10
The French Porcelaln Soclety Detailed income and expenditure account forthe year ended 31 March 2025 This schedule does not fom7 part of Ihe slattstoryaccounts Totsl Funds 2025 Total Funds 2024 Ineam• 27.413 35,522 Expenditure 154,3431 128,3381 oTatIng Ideflcltllsurplus 126,9301 7,184 Interest rèceivable 2.169 1,755 {Dofl¢ltll$urplu$ bar* tax 24,761 8,939
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