Charity registration number: 313345
**IMAGO MUNDI TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
Beresfords Chartered Certified Accountants 1-2 Rhodium Point Spindle Close Hawkinge, Folkestone Kent CT18 7TQ
## **Imago Mundi Contents**
||**Page**|
|---|---|
|Reference and Administrative Details|1|
|Trustees' Report|2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Notes to the Financial Statements|6—9|
## **Imago Mundi Reference and Administrative Details For The Year Ended 31 March 2025**
|**Trustees**|Prof W Bracke - Chair|
|---|---|
||Dr Z Torok|
||Dr S Tyacke|
||Prof R Kain|
||Mr P Barber|
||Prof A Postnikov|
||Dr M Pedley|
||Prof M Edney|
||Mr A Payne|
||Ms C Hofmann|
||Dr C Montaner|
||Prof I Demhardt|
||Dr M Heinz|
||Dr J Akerman|
||Mr C Fleet|
||Mr N Millea|
||Mr T Harper|
||Dr A Hiatt|
||Mr D Crouch|
|**Charity Number**|313345|
|**Independent Examiner**|Daniel Payne FCCA|
||Beresfords|
||Chartered Certified Accountants|
||1-2 Rhodium Point|
||Spindle Close|
||Hawkinge, Folkestone|
||Kent|
||CT18 7TQ|
Page 1
**Imago Mundi Trustees' Report For The Year Ended 31 March 2025**
The trustees present their report and the financial statements for the year ended 31 March 2025.
## **Objectives and Activities**
## **Aims and Objectives**
The charity's objective is to promote, foster and encourage the study of map history in all its branches.
## **Significant Activities**
In order to acheive its objectives the charity produces a twice yearly journal of the history of cartography.
## **Public Benefit**
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
## **Structure, Governance and Management**
## **Governing Document**
The charity was converted to a Charitable Incorporated Organisation on 4th October 2023 and the governing document is the CIO - Foundation dated 4th October 2023.
## **Trustee Selection Methods**
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the CIO Foundation.
Trustees are recruited in line with the needs of the charity and given relevant training.
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Prof W Bracke Trustee Date 28.01.2026
Page 2
## **Imago Mundi Independent Examiner's Report to the Trustees of Imago Mundi For The Year Ended 31 March 2025**
I report to the trustees on my examination of the accounts of Imago Mundi (the Trust) for the year ended 31 March 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Daniel Payne FCCA Date Beresfords Chartered Certified Accountants 1-2 Rhodium Point Spindle Close Hawkinge, Folkestone Kent CT18 7TQ
Page 3
## **Imago Mundi Statement of Financial Activities For The Year Ended 31 March 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Charitable activities:
History of Cartography
Investments
**3**
**EXPENDITURE ON:**
Charitable activities:
**5**
History of Cartography
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**12**|**2025**
**Unrestricted**
**funds**
**£**
31,449
1,065|**2024**
**Unrestricted**
**funds**
**£**
20,826
862|
|---|---|---|
||32,514|21,688|
||(24,192)|(20,928)|
||8,322|760|
||8,322
72,854|760
72,094|
||81,176|72,854|
The notes on pages 6 to 9 form part of these financial statements.
Page 4
## **Imago Mundi Statement of Financial Position As At 31 March 2025**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|2025|2024|
|Unrestricted|Total|
|funds|funds|
|Notes|£|£|
|FIXED ASSETS|
|Tangible Assets|9|51|68|
|51|68|
|CURRENT ASSETS|
|Debtors|10|-|2,115|
|Cash at bank and in hand|92,241|85,982|
|92,241|88,097|
|Creditors: Amounts Falling Due Within One Year|11|(11,116)|(15,311)|
|NET CURRENT ASSETS (LIABILITIES)|81,125|72,786|
|TOTAL ASSETS LESS CURRENT LIABILITIES|81,176|72,854|
|NET ASSETS|81,176|72,854|
|FUNDS OF THE CHARITY|
|Unrestricted Funds|81,176|72,854|
|TOTAL FUNDS|12|81,176|72,854|
|On behalf of the board|
**----- End of picture text -----**
Prof W Bracke Trustee Date 28.01.2026
The notes on pages 6 to 9 form part of these financial statements.
Page 5
**Imago Mundi Notes to the Financial Statements For The Year Ended 31 March 2025**
## 1. **General Information**
Imago Mundi is a charitable incorporated organisation registered with the Charity Commission, registered charity number 313345. The principal address is .
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Incoming Resources**
## **General**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## **Donations and legacies**
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## **Grants receivable**
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## 2.3. **Resources Expended**
## **General**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## **Charitable activities**
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## 2.4. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment
25% on reducing balance
## 2.5. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Investment Income**
Page 6
## **Imago Mundi Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
|Bank interest receivable
.
**Net Income/(Expenditure)**
he net income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
.
**Analysis of Expenditure**
History of Cartography
History of Cartography
.
**Support Costs**
General administration
Depreciation
Governance costs
General administration
Depreciation
Governance costs|**Activities**
**undertaken**
**directly**
**£**
23,449|**2025**
**Unrestricted**
**funds**
**£**
1,065|**2024**
**Unrestricted**
**funds**
**£**
862|
|---|---|---|---|
|||**2025**
**£**
17|**2024**
**£**
23|
|||**Support**
**costs**
(see note 6)
**£**
743|**2025**
**Total**
**£**
24,192|
||**Activities**
**undertaken**
**directly**
**£**
20,375|**Support**
**costs**
(see note 6)
**£**
553|**2024**
**Total**
**£**
20,928|
||||**2025**
**History of**
**Cartography**
**£**
260
17
466|
||||743|
||||**2024**
**History of**
**Cartography**
**£**
86
23
444|
||||553|
4. **Net Income/(Expenditure)**
The net income is stated after charging/(crediting):
5. **Analysis of Expenditure**
6. **Support Costs**
Page 7
## **Imago Mundi Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
## 7. **Independent Examiner's Remuneration**
|.
**Independent Examiner's Remuneration**||||
|---|---|---|---|
||**2025**|**2024**||
||**£**|**£**||
|Independent examination of the financial statements|466||-|
## 8. **Average Number of Employees**
Average number of employees during the year was: NIL (2024: NIL)
## 9. **Tangible Assets**
|.
**Tangible Assets**|||
|---|---|---|
|**Cost**
As at 1 April 2024
As at 31 March 2025
**Depreciation**
As at 1 April 2024
Provided during the period
As at 31 March 2025
**Net Book Value**
As at 31 March 2025
As at 1 April 2024
0.
**Debtors**
**Due within one year**
Other debtors
1.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors
Accruals and deferred income|**2025**
**£**
-
**2025**
**£**
-
11,116
11,116|**Computer**
**Equipment**
**£**
5,117|
|||5,117|
|||5,049
17|
|||5,066|
|||51|
|||68|
|||**2024**
**£**
2,115|
|||**2024**
**£**
445
14,866|
|||15,311|
10. **Debtors**
11. **Creditors: Amounts Falling Due Within One Year**
Page 8
## **Imago Mundi Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
## 12. **Movement in Funds**
|2.
**Movement in Funds**|||||
|---|---|---|---|---|
|**Unrestricted funds**
General:
General unrestricted fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 1 April**
**2024**
**£**
72,854|**Income**
**£**
32,514|**Expenditure**
**£**
(24,192)|**As at 31**
**March 2025**
**£**
81,176|
||72,854|32,514|(24,192)|81,176|
||**As at 1 April**
**2023**
**£**
72,094|**Income**
**£**
21,688|**Expenditure**
**£**
(20,928)|**As at 31**
**March 2024**
**£**
72,854|
||72,094|21,688|(20,928)|72,854|
## 13. **Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
## 14. **Related Party Disclosures**
There have been no related party transactions in the reporting period that require disclosure.
Page 9