## **Trustees’ Annual Report for the period** **From 01/01/2022 Period start date To Period end date** ## **31/12/3022** ## **Charity name: IGKT** ## **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|We promote and teach the skills-craft of
knotting and associated crafts to
members of the public.| |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|Presentations and activities to groups
such as theWI, youth groups-scouts,
guides, army/sea cadets). We hold a
library of knot books for reference, for
public use. We publish (quarterly) a
knotting magazine. We maintain a
website including a forum for information
exchange including tutorials.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|We confirm that the trustees have had
due regard to these rules.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|These have been achieved through our
journal and forum together with social
media and our website.
Local groups meet regularly for knotting
activities and exchange of information.
Members have attended many public
events where knotting and rope are
involved in the organisation promoting the
event to spread knowledge of the craft and
these offer on the spot training of
individuals in basic knot tying skills and
rope making.
Our library is now located in the SS Great
Britain Library, Bristol and is open to the
public.
We have provided specific skills training to
organisations on request at no cost to
them.
Providing bursaries to individuals to cover
costs in their pursuit of our aims.| ## **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|This is healthy with sufficient funds held to
cover future eventualities.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held to cover future plans
and ensure the health of the Charity.| |Amount of reserves held|Para 1.22|£68,501| |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|None| ## **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|
Membership subscriptions and donations| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||None| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution agreed by members at the
AGM| |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 proposal and vote 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|IGKT| |---|---| |Other name the charity uses|International Guild of Knot Tyers| |Registered charity number|802153| |Charity’s principal address|Oaken Cleve
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 (ifany)**| |---|---|---|---|---| ||Sheila Pearson|Chairman||AGM| ||Colin Byfleet|Treasurer||AGM| ||David Bodger|Secretary||AGM| ||Lynne Hudson|||AGM| ||TimothyMartin|||AGM| ||Peter Hennessey|||AGM| ||Maurice McPartlan|||AGM| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name None** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |N||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets None 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 ## **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)** Colin Byfleet **Full name(s)** David Bodger **Position (eg Secretary,** Secretary Treasurer **Chair, etc) Date** 23/11/2023 ## **IGKT Accounts 2022** Receipts and Payments basis. All figures to nearest £. |**Income**||**2022**||_2021_|_2021_| |---|---|---|---|---|---| ||**Unrestricted**
**Restricted**|||**Total**|| |**Subscriptions**||**20,533**||**20,533**|_20,100_| |**Adv subscriptions**||**443**||**443**
_1386_|| |**Supplies**||**3,775**||**3,775**_3356_|| |**Donations + Gift Aid**||**2,929**|**12,000**|**14,929**|_12,791_| |**Raffles**||**903**||**903**|0| |**Interest (UTB&D/AC)**||**367**|**426**|**793**|_620_| |**Sub-total**||**28,950**|**12,426**|**41376**|_38,253_| |**Expenditure**|||||| |**Knotting Matters**||**15,076**||**15,076**|_13,950_| |**Supplies Expenses**||**1,276**||**1,276**|_1,009_| |**Supplies Stock**||**1,720**||**1,720**|_1,630_| |**Secretarial & Admin**||**2,130**||**2,130**|_2,084_| |**Membership Expenses**||**4,142**||**4,142**|_2,979_| |**AGM net**||**779**||**779**|_0_| |**Website**||**3,738**||**3,295**|_3,295_| |**Storage**||**1,095**||**1,095**|_1,051_| |**Insurance**||**587**||**587**|_587_| |**Bursaries**|||**1,082**|**1,082**|_0_| |**Library**|||**6**
**,332**|**6**
**,332**|_0_| |**Sub-total**||**30,543**|**7,414**|**37,957**|_26,285_| |**Net surplus**||**-1,593**|**5,012**|**3,419**|_11,668_| |**Funds B/F**||**29,812**|**36,340**|**65,152**|_53,484_| |**Funds C/F**||**28**
**,219**|**40**
**,352**|**68**
**,571**|_65_
_,152_| |**Bank balances**||**28,239**|**40,352**|**68,591**|_65,615_| |**Membership in advance**||**20**||**20**|_463_| |**Net**||**28,219**|**40,352**|**68,571**|_65,152_| |**Assets statement at**|**31/12/22**||||| |**NatWest Current**||**4,706**|||| |**NatWest Deposit**||**17,132**|||| |**PayPal balance**||**367**|||| |**United Trust**||**10**
**,620**|**35**
**,765**||| |**Totals**||**32,825**|**35,765**|**68,590**|| Colin Byfleet David Bodger IGKT Treasurer IGKT Secretary 28[th] April 2023 INTERNATIONAL GUILD OF KNOT TYERS Independent ExAmlner's Report to the Trnsteeslmembtrs of Internati•tt*l Cuild of Knot TyeTS We rep)rt on the a¢counts of the Charity for the year en&d 31 DecemF£r 21>21 which 4re set out on pages I to 2. Respettive respom$ibilities of Trvstees Eximllltr The charity's Iru5tees aty T&8￿)nsible for the prqmration of the accounts in ￿ordance with the Charities Act 2011{'the Act,). The charity's (rust￿8 consider that an audi¢ ts not rryuired ftythts ye8rundu sectson 144 of the Act and that an independent examination is It is our responsibility to= Examirte ihe accounts under section 145 of the Charities A¢L 2. To follow the applirable Dire¢ti(w given by the Chariiy Corlltnission under Section 145{51{b) of the 201 l A￿. and To state whether particular matrus have come to our atterttion. B#sls of indepettd¢nt examiner's re￿rt Our examination w&s ca￿le4 iTt #ccordan¢e wth the Gen￿1 Dire£*ions given by the Charity Commission¢r5. An examination includes 8 ￿vieW of the 2¢counting records kept by the Charity and a cornparison of the attounts presented with those rttords. It ￿$0 incluiks consideration of any unusual items or disclosure5 in th¢ a¢cowits. and seeking explanations from you *% Tru5¢ees concerring any such matters. The pn)cLYtures undertaken th) not wovide all the evidence that would be requtred in an audi( and cortsequentiy no opinton is given ￿ to whether the accounts prcscnt a'true and fair vi¢w' and the retth is lftmited to th(kse mattefts set out in the staiemeni below. Independent examiners ststethent In connectiott with our cxaminaiioN no material n￿tte[S h&8 C￿ne to ow attention which gives lJ5'.cause to believe that in, any tnateriaj Kstttt.. (al the aeeouttting rword5 wer¢ kept in accord￿ with Section 130 of the 2011 ALi or (b) the accounts did Mt k¢¢ord wilh the ace(HJnting rttords. or Ic) the accounts did not ¢omply with the applicable requirements Concerning the form and content of accounts set out in the Ch8rities (Ac£ounts and Rewts) Regulalions 2008 other than any requirement that the accounts give a'true and fair. view ￿h1¢h is not a m2tter considered ￿ part of an indepctsdent examination. We have no concerns and have come a¢ross no other matters in Connectt(￿ with the examination to wht¢h attention should draNvn in this terth in ordtt to enable a rrfo￿ understsndtng of the accounts to be reached. Name-. Bullimores Relevant profession81 iN)dy.' Insti of chart￿￿ Acc￿￿tants in EnglaThJ and Wales. Address: 50 South Street, South Ndoiton, Devon, EX36 4AG Date.. 30 April 2023