## **Trustees’ Annual Report for the period**
**From 1/1/2021 To 31/12/2021**
**Charity name: International Guild of Knot Tyers**
**Charity registration number: 802153**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Preservation of knot tying and rope**
**making skills**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Demonstrations at events around the**
**world and publication of a quarterly**
**journal.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes**|
**Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**We have a bursary scheme administered**
**by the Trustees**|
|Policy on social investment
including program related
investment|Para 1.38|**N/A**|
|Contribution made by
volunteers|Para 1.38|**Considerable time and effort in putting on**
**displays**|
|Other|||
## **Achievements and Performance**
**----- Start of picture text -----**
SORP reference
Since its foundation the Guild has
Summary of the main organised and published many book
Para 1.20
achievements of the charity, titles and been instrumental in
identifying the difference the encouraging many more publications.
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
**----- End of picture text -----**
**Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**At 31/12/2021 we had just over £30,000 in**
**current funds and £35,000 in our Bursary**
**account**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**About 1 year’s working capital, restricted**
**Funds for Bursaries and providing a safe**
**home for Guild library.**|
|Amount of reserves held|Para 1.22|**£35,000**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
**Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Members’ subscriptions and donations**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**To provide a working capital buffer and**
**fund Bursaries**|
|A description of the principal
risks facing the charity|Para 1.46|**N/A**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Deed of Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Unincorporated association**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**By election at the AGM**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|International Guild of Knot Tyers|
|---|---|
|Other name the charity uses||
|Registered charity number|802153|
|Charity’s principal address|Oaken Cleave
Cobbaton
Umberleigh
EX37 9SG|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|---|
||Sheila Pearson||1/1/2021-8/5/2021||
||Sheila Pearson|Chair|8/5/2021-31/12/2021||
||David Bodger|Secretary|||
||Colin Byfleet|Treasurer|||
||Lynne Hudson||||
||Tim Martin||8/5/2021-31/12/2021||
||Maurice McPartlan||||
||Des Pawson||||
||Ken Yalden|Chair|1/1/2021-8/5/2021||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**We have no staff**
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||Colin Russell Byfleet|Sheila Rosslyn Pearson|
||
Treasurer|Chair|
||22/9/2022
22/0/2022||
||22/9/2022||
## **International Guild of Knot Tyers**
## **Receipts and payments accounts for the year ended 31 December 2021 Unrestricted Restricted Total**
||**Funds**|**Funds**|**Funds**|**_2020_**|
|---|---|---|---|---|
|**Receipts**|||||
|Subscriptions|20100||20100|_17002_|
|Advance subscriptions|1386||1386|_3030_|
|Supplies|3356||3356|_2415_|
|Donations|80|12000|12080|_12050_|
|Raffles|0||0|_0_|
|Gift Aid|711||711|_702_|
|Interest|428|192|620|_818_|
||26061|12192|38253|_36017_|
|**Payments**|||||
|Knotting matters|13950||13950|_14566_|
|Supplies expenses|1009||1009|_361_|
|Supplies stock expenses|1630||1630|_1691_|
|Administration|934||934|_1136_|
|Membership expenses|2979||2979|_2069_|
|Honorarium|1150||1150|_1150_|
|AGM|0||0|_0_|
|Education|||0|_50_|
|Storage costs|1051||1051|_1054_|
|Publicity and website|3055||3055|_395_|
|Insurance|587||587|_606_|
|Other payments: Bursary fund|0||0|_500_|
|Paypal fees|240||240|_240_|
|Depreciation & write off||||_0_|
||26585|0|26585|_23818_|
|Surplus/(deficit)|-524|12192|11668|_12199_|
|Accumulated funds B/F|30336|23148|53484|_41285_|
|Accumulated funds C/F|29812|35340|65152|_53484_|
|Bank balances|30275|35340|65615|_55333_|
|Membership in advance|463||463|_1849_|
||29812|35340|65152|_53484_|
||**Unrestricted**|**Restricted **|**Total**||
||**Funds**|**Funds**|**Funds**|**_2020_**|
**INTERNATIONAL GUILD OF KNOT TYERS**
## **Independent Examiner's Report to the Trustees/Members of International Guild of Knot Tyers**
**_______________________________________________________________**
We report on the accounts of the Charity for the year ended 31 December 2021, which are set out on pages 1 to 2.
## **Respective responsibilities of Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011(‘the Act’).
The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
It is our responsibility to:
1. Examine the accounts under section 145 of the Charities Act.
2. To follow the applicable Directions given by the Charity Commission under Section
145(5)(b) of the 2011 Act, and
3. To state whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiners statement**
In connection with our examination, no material matters has come to our attention which gives us cause to believe that in, any material respect:
(a) the accounting records were not kept in accordance with Section 130 of the 2011 Act; or
(b) the accounts did not accord with the accounting records; or
- (c) the accounts did not comply with the applicable requirements concerning the form and content 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.
We 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.
## Name: Bullimores
Relevant professional body: Institute of Chartered Accountants in England and Wales. Address: 50 South Street, South Molton, Devon, EX36 4AG Date: 04 March 2022