REGISTERED CHARITY NUMBER.. 313202 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE ANGLO-DAN15H SOCIETY
THE ANGLO.DANISH SOCIETY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Trustees Independent Examiner's Report Receipts and Payments Accounts CC16A
THE ANGLO.DANISH SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present thelr report with the recelpts and payments account for the charlty for the year ended 31 December 2024. The trustees have adopted the receipts and payments account method for presenting the account5 a5 the charity 15 not a company and it5 income ha5 not exceeded £250,000. OBJECTIVES AND ACTIVITIES The objective5 Of the Society are.. the promotion of knowledge of the art5, 5cience5 and culture of the United Kingdom and Denmark the award of grants for educational study in the United Kingdom and Denmark the support of any other charltable activities In order to further these Cjbjects, the Scholarship Committee of the Society meets annually to consider grant appllcations recelved from graduates of both Danish and Brltlsh Instltutes of Hlgher Education. The Scholarship Committee approves scholarship grants within the annual award budget set by Council. The main area of actlvltyls the organlslng of soclal and cultural events for the Society's members. The Council ha5 referred to ihe guidance contained in rhe Charlty Commisslon's general guldance on public benefit when reviewing the Soclety's alms and objeciives and In planning future activities. In particular the Council ha5 considered how planned activities will contribute to the aim5 and objective5 that it has sel. Powers The Council has absolute discretion In all matters concerning the application of the above objectives. ACHIEVEMENT AND PERFORMANCE Our centenary year 2024 will be remembered as one of celebratlon, a veritable annus mlrabllis. The uncertainty of the Society'5 royal patronages at the beg inning of the year was lified with the ronfirmalion of two new Royal Patrons when Their MaJe5ties Klng Charles and Klng Frederlk agreed to contlnue the Patronages. The momentous year was capped.offwith a memorable, sell-out Centenary Gala Dinner in the presence of Thelr Royal Hlghnesses, The Duke & Duchess of Gloucester. The Soclety Is flt and ready for the next l 00 years. The Society awarded a total of l O individual scholarship grants covering the academic year 2024125 which were Increased from É2,SOO to £3,500 per scholar. Thls amounted to £28,000 from the Anglo-Danish Soclety Fund with a further grant of £3,500 from ihe Ove Arup Foundatlon and E3,500 from Wllliam Charnley. All grants have been taken up. FINANCIAL REVIEW The Soclety's recelpts exceeded payments by £12,988, 12023.. receipts exceeded payments by £53.892). Recelpts included £3, 51 I from 2023 prior year liquldaied investmenrs12023: receipts included £61 ,696 from IlquSdated investments. wlrhout which paymenis exceeded receiprs by £ 7.804). Flnanclal posltlon Investment pollcy and objectlves The SocSety's assets whlch conslsi both of balance with banks and Investments, are held wlth the purpose of generating funds which will enable it to meet the objectives of the charity. Re5¢rv¢s pollcy The Soriety held assets a5 reserves at the 31 December 2024 amounting to £213,681 12023.. EI 91,3431 ompr151ng,' E87,729 balances wlth banks 12023.. £74,741) and £125,952 Investment5 12023.- £116,602). Besides belng held to generate income to meet the objectives of the Society, the reserve5 are held to be utilised when, at any time, income generated is insufficient to meet the Society's commitments under its objective5. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity Is controlled by Its governlng document, a deed of trust, and constlrures an unlncorporated charlty. The Society 15 a charity registered with the Charity Commission number 313202. The rules approved In 1953 las subsequently amended). form the governlng document of the charlty. Appolntment of Councll Members New Councll members are recruited from present members of the Soclety. In the notificatlon of a forthcoming Annual General Meeting the Council will each year invite all members of the Society to put fonvard name5 for election. Page I
THE ANGLO-DANISH SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Names of nominees, who must be paid up members of the Soclety and must have agreed to let thelr names go forward. are senr ro the Honorary Secretary to reach him/her no later than seven days before the Annual General Meeting. New elections are subsequently approved at the Annual General Meeting. Organ15atlonal Structure The Society'5 activities are supervlsed by the Council which meets quarterly. Councll Membershlp The Council shall consist of no fewer than Six, and no more than twenty member5. Members are elected at ihe Annual General Meeting as vacancies arise. Casual vacancies may be filled by the Council and shall be subject to confirmatlon at the next Annual General Meeting. Tenure of membership of the Council is for three years after which a period of at least one year shall elapse before a member may seek re.electlon. Slnce l January 2022 thls does not apply to the Society's Chairman, Vice.chairman or serving officers who, under changes ro rhe Society's Rules agreed by members at the l O June 2021 AGM, are now elected annually by members at (he AGM and not appointed by Council. The Council also includes four ex.officio members of Councll representlng.. The Danlsh Embassy, The Danish Church in London. Dansk KFUK in London and The Danish.UK Association. Maintaining a succession of new volunteers remains rhe largest risk to the continuirv of Council. Rlsk Management The Councll has assessed the major risks attributable to the Charity and is satisfied that adequate systems are in place to mitigate exposure to these major rlsks. REFERENCE AND ADMINISTRATIVE DETAILS R¢g15tered Charlty number 313202 Admlnlstrative Address 43 Maresfield Gardens London NW3 5TF Independent Examiner Johnson Tidsall Limited Chariered Accountants 81 Burton Road Derby Derbyshire OEI I TJ Bankers Narional Westminster Bank PLC Tunbridge Wells Kent TNI IQI CCLA Investment Management Limited COIF Charities Deposit Fund One Angel Lane London EC4R 3AB Inve5trn¢nt Manager5 Barclays Investment Solution5 Llmlted (BISL) I Churchill Place Canary Wharf London El 4 5HP Patron5 His Majesty Klng Charle5 111 Hi5 Majesty King Frederik X of Denmark Page 2
THE ANGLO-DANISH SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Protector of the Scholarshlp Programme Her Royal Hlghness the Duchess of Gloucester KG GCVO Honorary Presldent H.E. The Danish Ambassador Mr René Dinesen R Honorary Vlce.Presldent. Head of representarlon of the Faroe Islands In UK Kate Sanderson Chalrman Mr Wayne Harber OBE, K (Elected 14 May 20241 Vlce-ChaSrman Palle Baggesgaard Peder5en, R (Elected 14 May 2024) Honorary Treasurer Mr Alan Davey FCMA, CGMA (Elected 14 May 20241 Honorary Secretary Mrs Lone Mohr Curtls IElected 14 May 2024) Honorary Membership Secretary Mr Philip Waterfield (Elected 14 May 2024> Honorary Scholarshlp Secretary Ms Katle Schwarck (Elected 14 May 2024) Fund Ralslng/ A-DS Rep In DK Ms Christine Bergstedt (Elected 14 May 20241 Members of the Council who served durlng the year and up to the date of signlng thls report were as follows: Council Or Roger Wood Ph.D. (Co-opted 14 October 2024) Mr Philip Waterfield lelected I l May 2023, co-opted Hon. Mem Sec 4 Ocrober 2023) Mr Phlllp Chambers (Co.opied 27 Aprll 2023, elected I l May 2023) Mr William Scoii (Elected 19 May 20221 Pastor Karsten Moller Hansen (ex offlclo, The Danish Church in London) (Confirmed 8 February 2024) Ms Connle Yllmaz Jantzen lex officlo, Dansk KFUK in London) M5 Lone Britt Christensen (ex officio, Danish Emba55y) Mr Gunnar Larsen lex officio, The Dani5h-UK Association) Approved by order of the board of tru5tee5 on and signed on it5 behalf by.. W R Harber . Trustee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ANGLO.DANISH SOCIETY FOR THE YEAR ENDED 31 DECEMBER 2024 Independent examinerfs repori to the trustees of The Anglo-Danlsh Soclety I report ro the charity trustees on my examination of the accounts of The Anglo.Danlsh Society (the Trust) for the year ended 31 December 2024. Responslbllltles and basls of repor¢ As the charity trustees of the Trust, you are responslble for the preparation of the accounts in accordance with the requirements of the CharitiÈs Act 2011 I'the Act,). I report in respect of my examinalion of the Tru5t'5 accounts carried out under section 145 of the Act and in carrying Out my examination I have followed all applicable Directions given by the Charity Commission under sectlon 145(5)Ibl of the Act. Independenl examiner'5 Statement I have completed my examination. I confirm that no material matters have come to my attentlon In connection wlth the examlnatlon giving me cause to believe that In any materlal respect.. accountlng records were noi kept In respect of the Trust as required by sectlon 130 of the Act,. or the accounts do not accord with those records., or the accounts do not comply with the applicable requlrement5 concernlng the form and content of accounts set out in the Charitie5 (Accounts and Reports) Regulation5 2008 other ihan any requlrement that the accounis glve a true and fair vlew whSch is not a matter considered as part of an Independent examinat I have no co atreniion sh reached. rns and have come across no other matters in connection with the examinatlon to which be drawn in this report in order to enable a proper understandlng of the accounts to be Joh Ch 81 Tidsall Limited red Accountants rton Road Derbyshlre DEI ITJ Date.. Page 4
CHARITY COMM1551 FOR ENGLAfr40 AND WALE The Anglo-Danlsh Soclety 313202 Receipts and payments accounts CC16a For tho porlod from Period start dale 0110112024 Peiiod end dale 31112r2024 Section A Receipts and payments Unreslrlcted funds to th• n••r••t Restricled funds Endowment funds to thè ne•r•Jt£ Totsl funds Last year to th• £ to th• n•ar••l£ lo th• n•arè8t £ A1 Rec•1 ts Membershp SubscriplKins Dona(itins Scholarship Funds thvidend5 & Inleresl cOMe Deposit N£coLml Interesl InCrne Tax Recoverable Activities & Funclons Mlsc. IrKome 11,782 5.206 6,058 3.1S2 1.645 55,961 320 11,782 12,706 6,058 7,322 7,582 4.328 472 1270 7JOO 1,645 55.901 320 2QO ross income AR) 84,124 91.624 26.7911 sse Isee table). Tlfer-ln cash from BISL Inveslment acc thon pald to nv 3.S11 3.511 61.696 tota 61.696 Total rnc•ipts 95.135 A3Pa mon Bank & mar$M¢t Charg¢$ Aeknvilies & Funclon8 oirico Expenses 280 43.685 721 819 280 43,685 721 819 4A44 350 4,273 817 762 1,106 Gonqral Exp8ns8s Travel Accountancy-lndependenl ExIn•bon Gf8nls lo Indivkluals 94¥ 31.250 82,147 894 26.250 34,594 24,OOD 74,897 7.250 7,250 Sub total A4 As••t and Investmont purchasos re COIF D•p Acc, Sub total 74.897 7,250 82.147 34,594 Net of recelpts/(payments) A5 Transfers belweon funds A6 Cash ndS last year end Cash funds thls year end 12,738 25 12,98 S3,892 83,729 4,000 87,729 74,741 CCXX R1 accounts ISS} 02104r2025
Section B Statement of assets and liabilities at the end of the period Unrestricted Reslricted fund¥ funds to ne•rest£ Endowment funds Categories Detalls to nearest £ to nearest £ 81 Cash funds Nalwesl Currént AcnI 15.541 4,1100 COIF ()wll h£c4yJnl 68,186 Total cash funds 83.729 4,000 lawee bgtarreswilh rKdpls anLI Pa818 acc4unKsll Unrestrlcted fund5 lo n••r•st £ Reslrlcted funds 10 •r$I £ Endowmont funds t n••r•st £ Detalls B2 Other monetary assets Fund lo whl¢h •s••t ts•lon General Curr•Trl v8lu• lonal 124.517 Detalls SUTL Cazenove Char5ty EoLIty Inc Cost l•ptl¢nal 87,757 B3 InVtment a•$•ts 8arclayg, BISL Cash bilan G8nqral 1,435 Fund to whlch a55et b•loD Current valu• tlonal Details Cosl lopllonall B4 Assots retaln•d for th• charfty'8 own use Fund to T*hlch Amounl du• Whon du• Details Balance o 85 Liabilitie8 scho1¥3hip gran13 2024125 Balance ol scholwshlp grants 2024r25 Unre5tricled 14,000 January 2025 Reslrkted 3,500 January 2Q25 Signed by one or hvo trustees on behalf of 811 Ihe Iruslees Oate of roval Signature Print Name Wa ne Harber CCXX R2 accounls {SSI 0210412025