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2022-12-31-accounts

R
rtofthe Trustees
for the Year Ended 31DECEMBER 2022
OBJK~ANIJ ACFTt/TITIPS
Programming
(online sessions and offer):
The SDC Zoom pmgramme
continued
in 2022 with ten online
sessions for members,
these were facilitated
by
Kayley Holderness,
Council
Member
and FSDC .These included
Pmject Spotlights,
conversations
with other craft and making organisarions,
studio visits, social meetups
and
informative
QUA sessions
about upcoming
SDC events. Attendance
at these events is always
healthy
and we aim
to make all our recordings
available
on the
dashboard ofour website for members ifthey missed it live or wish torevisit the sessiori.
11/02/22
Pmject Spotlight - Anna Steiner MSDC -"How Irescued the Owl and the Pussycat"
04/03/22
Society Social
26/03/22
Pmject Spotlight - Paula Reason MSDC - "Tense, Japanese Threads ofInfluence"
02/04/22
SDCExtubition QUA
08/04/22
SDCIn Conversation - Hugo Burge - Marchmont
Makers Foundation
06/05/22
SDCInConversation
-Matthew Bullock -Associate and Former Treasurer
20/05/22
Studio Safari - Nelson Were LSDC - Leatherworker
24/05/22
SDCSocial Media Tips
29/06/22
SDCIn Conversation
-Penny Bendall -Founder dt CEO Creative Dimensions
Trust
02/11/22
Studio Safari - Antonia Hockton MSDC —Stonecarver
24 Rfvfngton Street, Shoreditch
—property
owned by the SDCi
Fofiowing notification
in 2021 &om the previous
tenant that they did not intend to continue
with the lease, the
Council made plans to secure a new
tenant.
With the help ofpmperty
agents, Fyfe McDade, the Society sourced a new tenant in 2022 in the
form ofDes Hamilton Casting Ltd. The new
lease was signed on05.10.22 and runs for afour-year period wilh atwo-year break clause.
In reparation
for the new tenants
taking
up msidence,
a number oflong-planned
impmvements
were
made to the property in relatice to the back
yard area, windows,
re-painting
and electrical updates.
The unrestricted
income
this raises for the SDC is important
for the charity
to continue
to allocate resources
to enable
it to build
capacity
and
in&tistructure
as well as develop strategic projects and new partnerships.
Marketing,
Promotion,
and Social Media:
The Council have continued
to see the importance
in this area as ssenatitd
to raising our pmfile extenally.
Building
on our work in 2021, in 2022
we
have continued
to scale-up
marketing
and social media activity to help pmmote
the Society and its work, in
particular using the Exhibitions as a
focus.
Our social media campaign
to pmmote
the Transformations
exhibition
at Bankside
Gallery pmved
successful,
resulting
in
a boost of engagement
with the public.
On Instagiam,
we gained 229 new followers
between
5th May and 27th June. Over
the same period, we gained 39 followers on
Facebook
Traffic to the website
during
the period
&om mid-May
to mid-June
(just ahead ofthe exhiliition)
increased
by 28%, with most ofthese referrals
coming &om Facebook/Instugram.
Additional
external
support
and expertise
was enlisted,
in the form of consultant,
Denise Yeats who
added support
to the
Transformations team
given the scale ofthe Exhiliition.
Denise worked on aproject basis during
the nm-up
to the opening ofTransfonnations
Exhiliition
to help boost
PR,
marketing,
the PVs, scopoout potential
sponsors and supporters
and generally
help underpin
activity.
Dave Chelsom
continues
to maintain
and re&cab the SDC website,
keeping
it up to date and ofFering advice
on various IT solutions
on
how to
reixesent the Society extemaHy.
We were delighted
to announce
two new Hononuy
Fellows in June 2022. The individuals
bestowed
with
Matthew
Bullock
These individuals
were selected for their~ve roles in significantly
supporthtg
this honour were Dids Macdonald OBE and
and developing
the SDC at different
pivotal
points in its development
and to support
its legacy. For Dids Macdonald
this was in recognition
ofher
work in founding and the leadership of Anti
Copying
in Design (ACID) the vital resource it has provithxL
For Matthew
Bullock it was in recognmon
for his mle as SDC Treasurer
in the
1970's
and his energies
in driving
through
an ambitious
initiative
which resulted
in the SDC being able to purchase
the garages in
Cambridge
for
storage.
Also, he was instrumental
in the setting
up ofSDC Ltd to enable the purchase of24 Rivington
Street, which
now helps to keep the Society on a
stmng financial footing,
Membership
overall at the end of2022 remained
stable with around 350active members
(those who make) and
another 50who do not make but like
to remain involved.
The overall numbers
have been static over the last two years with no overall gmwth.
New members
join and
others retire or sadly pass away, but,
overall, the numbers
are similar.
One ofthe intentions
for 2023 is to significantly
boost membership
numbers
area. Council
and Members
are in agreement
that this is key to the ongoing
vitality
and
ustainability
ofthe
and Council Member continued to work tirelessly
in the busy mle ofMembership~for the SDCthmughout
with renewed
oqganisatiorL
2022.
efforts invested
Naomi Jacques
in this
MSDC
Continuing
general actfvltlesi
-The Society continues todevelop its fledgling
Student and new Friends scheme.
-In 2022anew SDC Educafion Team was established
and is exploring
anumber ofoutreach ideas and initiatives
with aUniversity
partner.
-The newsletters
and website ensure that members
and trustees
are aware ofopportunities
offered to craftspeople
by organisimons
such as the
Queen
Elizabeth Scholarship
Trust (QEST),Crafls Council, Heritage Crafts Association.
-The website pmvides
active members
with the opportunity
to promote their work on their Maker page.
All members
are able
to post news items and
to have discussions
within the membership
forum.

STRUCTURE, GOVERNANCE
AND MANAGEMENT
STRUCTURE, GOVERNANCE
AND MANAGEMENT
Organisational
structure
The Society consists ofaPresident,
Fellows and Hononuy
Fellows, full Members,
Licentiates
and Associate members who are all eligil&le to serve on
the CounciL With the new website, a Friend Scheme was intmduced, whereby
those with
an interest on craft can support the Society with a smaller
fee.
Fellow - Any Member distinguished
for services in connection with the
crafts may be awarded Fellowship atthe discretion ofFellows on Council.
Full Membership
- Membership
is open to individuals
personally involved
in the
design, contml and producfion offinely crafted works. Members
are usually established
designer makers with several years' experience.
Licentiate
Membership
- Liceniaatesh'p
is seen as a period of transition
for the new designer maker between
leaving
University or College and
becoming
establisherL
Applicants
are assessed
at the
completion ofs course of study. Alternatively, they may submit their work directly to the
Society.
Associate Membership
-Associate Membership
is offered
to Licentiates who have come to the end of their five-year Licentiateship. They may wish
to stay associated
with the Society until they are ready to upgrade
to full Member
status, or they choose to continue
Society's activities.
No selection pmcess is involvetL
Associates
can participam
in all aspects ofthe Society except
Annual
General Meeting.~membership
may also be offered to members ofthe public with a keen interest
as an Associate to support
for exhibiting
and voting at
in craft and to non-makers
the
the
who
volunteer
for the Society.
Friend - Becoming a Friend is open to all those with a keen interest in the fields ofdesign and fine craftsmanship. No selection pmcess is involvetL
A small subscription
fee is paid to the Society.
Generally,
no council member
shall serve for more than
SIXconsecutive years. However, ifit is considered to be in the best interests ofthe Society,
aCouncil member(s) who has/have
aspecific role within
the SDC Council may serve for more than 6 consecutive years.
The Council Chair may serve for aperiod of3 years; however if it is considered
to
be in the interests ofthe Society, the Chair may be nominated for
re-election.
In recruiting
new Trustees to Council we consider recommendations
&om other Trustees and the membership but aim to seek experience relevant to
tbe needs ofthe ogasnisanon.
The Council
usually
meets between 4 and 6 times per
year, although with the intmduction ofonline meetings,
Council
met a total of28 times in
2022.
The Society's major income stream is fiom membership subscriptions. We are making
greater
use ofautomatic
website payments
and our
accounting
system, XERO,to maintain
afull reconciled list ofmembers.
Induction and training ofnew trustees
New Trustee training
and familiarisation
package for current
and
new Trustees is in development A Vice Chair is elected normally at the same time
asthe new Chair. The outgoing Chair is normally
responsible
for the induction ofthe new Chair
Wider network
The Society is a member ofthe National
Council for Voluntary
Organisations
[NCVO]; an affiliate
member ofthe, Heritage
Crafts
~on and
liaises with other major crafts associations asnecessary
Related parties
There were no payments
to related parties in 2022.Trustees
on the Council received travel expenses for attending
meetings
and conferences.
Trustees' insurance
and Indenudties
The charity has mahrtamed
thmughout
the year Trustees'
and officets' liability for the benefit for the Trustees.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company
number
02380473 (England and Wales)
Registered Charity number
328202
Registered of5ce
Solar House - PF
915High Road
North Finchley
London
N12 gQJ
for the Yea r Ended 31 DECEMBER 2022
31.12.22 31.12.21
Unrestricted Total
funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies 743 566
Charitable activities
Direct Charitable 35,896 46/82
Investment income 8/58 33,423
Total 80/71
EXPENDITURE ON .
Charitable activities
Direct Charitable 23/95 24307
26,612 24,126
Total 50,007 48,433
(5,010) 31,838
RECONCILIATION OFFUNDS
Total funds bmught fonvard 1,036,471 1,004,632
TOTAL FUNDS CARRIED FORWARD 1,031,461 1,036,470

Balance Sheet
31DECEMBER2022
31.12.22 31.12.21
Unrestricted Total
funds funds
Notes
FIXEDASSETS
Tangible assets 946@56
CURRENT ASSETS
Debtors 12 1/50 4,579
Cash atbank 121,857 107+83
123,107 111,862
CREDITORS
Amounts
falling due within one year
13 (38,002) (5,632)
NET CURRENT ASSETS 85,105 106+30
TOTAL ASSETSLESSCURRENT LIABILITIES 1,031,461 1,036,470
NET ASSETS 1,031,461 1,036,470
FUNDS 14
Unrestricted
funds
1,031,461 1,036,470
TOTAL FUM% 1,031,461 1,036,470

2. DONATIONS
AND LE
GACIES
31.12.22 31.12.21
f
743 566
3. INVESTMENT INCOME
31.12.22 31.12.21
f f
Net Rental income 8@50 33,259
Deposit account interest 108 164
8@58 33,423
4. INCOME FROM CHARITABLE ACTIVI11ES
31.12.22 31.12.21
Activity f f
Subscriptions Direct Charitable 21,560 21,886
Exhibitions Direct Charitable 14,190 24,118
Assessmeat
fees
Direct Charitable 146 278
35,896 46/82
5. CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 6)
f
Direct Charitable 23$95
6. DIRECT COSTSOFCHARITABLE ACTIVITIES
31.12.22 31.1221
f
Exhibition costs 4/29 14,157
Venue and conferences 17,010 7,145
Hotel and accommodatioa 227
Mentoring 30
Travel Expense 440 744
External Events 147
Member Events 150
Storage 1,569 1/14
Demonstrators
expeases
340
23,395 24/07
7. SUPPORT COSTS
Human Governance
Management Fmance f costs Totals
12/47 305 9,820 4,140 26,612
8. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated atter c~(crediting):
31.12.22 3L1221
f
lndependeat
examuuuioa
fees 4,140 4/35
Depreciation - owned assets 1,425 906

Trustees' expenses
The number oftrustees reimbursed for expenses
Nature ofexpenses reimbursedt
Travel, equipment,
stationery
and miscellaneous f2,617
Total expenses reimbursed f2,617
10. STAFFCOSTS
Thc average monthly
number
ofemployees during the year was as follows:
31.12.22 31.12.21
Administration 1 1
No employees
received emoluments
in excess off60,000.
TANCiIBLE FIXEDASSETS
Impmvements Fixtures
Investment to Slid Computer
property property
f
fittings equipment Totalsf
COST
At 1January 2022' 970,628 41,600 9,386 1,777 1,023/91
Additions 16,942 599 17,541
At 31December 2022 970,628 58,542 9,386 2/76 1,040,932
DEPRECIATION
At I January 2022 70,628 11,584 9,163 1,776 93,151
Charge foryear 1,171 56 198 1,425
At 31December 2022 70,628 12,755 9/19 1,974 94,576
NET BOOKVALUE
At 31December 2022 900,000 45,787 167 946/56
At 31December 2021 900,000 30,016 223 930/40

No depreciation
is provided
in respect of the investment
properties,
howeve
depreciated
at2%on cost.
No depreciation
is provided
in respect of the investment
properties,
howeve
depreciated
at2%on cost.
No depreciation
is provided
in respect of the investment
properties,
howeve
depreciated
at2%on cost.
No depreciation
is provided
in respect of the investment
properties,
howeve
depreciated
at2%on cost.
r
when
the property
was held as a treehol d
property,
it w
DEBTORS:AMOUNTS FALLING DUEWITHIN ONE YEAR
31.12.22 31.12.21
E f,
1/50 4,579
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1222 31.12.21
E
Trade creditors 725 31
Other creditors 8/47 51
Deferred income 24,750
Accrued expenses 4/80 5/50
38,002 5,632
MOVEMENT IN FUNDS
Net
movement At
At 1.1.22 in funds 31.12.22
f, E
Unrestricted funds
General fimd 1,036,471 (5,010) 1,031,461
TOTAL FUNDS 1,036,471 (5,010) 1,031,461
Net movement in funds, included in the above are asfollows:
Resources Movement
expended in funds
f,
Unrestricted funds
General fund 44,997 (50,007) (5,010)
TOTAL FUNDS 44,997 (50,007) (5,010)

Net
movement At
At 1.1.21 in funds 31.1221
g
Unrestricted funds
General fund 1,004,632 31,838 1,036,470
TOTAL FUNDS 1,004,632 31,838 1,036,470
Comparative net movement
in funds,
included in the above are as follows:
Resources Movement
expended in funds
Unrestricted funds
Gennal fund 80/71 (48,433) 31,838
TOTAL FUNDS 80/71 (48,433) 31,838
15. RELATED PARTY DISCLOSURES
LVHeerden
The charity reimbursed LVHeerden the sum ofg599 for purchase oflaptop.
KHolderness
The charity reimbursed KHoldemess the sum ofg1,648for subscription„stationery, aud tansport
M Dembinski
The charity reimbursed M Dembinski the sum off24 for stanonery and companies house filing
H Cormors
The charity reimbursed H Connors the sum off133fortravel expels for council meetings, stationery and equipment
D Maier
The charity reimbursed DMaier the sum off213for travel expenses for council meetings, stationery and equipment.