Dowsiw Envelope ID.. AC754tr2>78EC453&NBEWAnG127F54 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT (Registered Charity Numbw 10730161 {C(xnpany Reglstration Number 3566646) ANNUAL REPORT YEAR ENDED 31 PIARCH 2021 'AAF143XHU 2511012021 COMPANIES HOUSE 115
DovJSign Env•lope10.. AG7S4tr2¥78e¢463WEA76clz7FsI COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 PIARCH 2021 CONTENTS TRUSTEES, REPORT
11 STATEMENT OF TRUSTEES. RESPONSIBILITIES 12 INDEPENDEhlT AUDITOR'S REPORT STATEMENT OF FINANCIAL ACTIVMES 17 BALANCE SHE 18 CASH FLOW STATEMENT 19 NOTES TO THE FINANCIAL STATEMENTS
Dowsign Emieky ID.. Ac75ID22.nEfA63&NBE76C127FS¢ COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 MARCH 2021 Council for Brftlsh Researth In the Levant Registtted Chwity Numb¥ 1073015 Registered Ccnpany Numbw 3566646 Registered Offe.. The Biiiish Academy 10 Carlton House Ttrrace Londtm SW1Y SAH President- Professor CINe Holes FBA TNstoes James Watt CVO Dr Robert BeY Dr Gerasimos TsoLrygS John Shakeshaft Dr Elian V4eizman Chainian {retirwJ November 20201 Chaimian {elected November 2(r201 'rvJ Hon TreOSLrer (Marcwovember 2020) Hon Treasurer (eleded November 2020} Hon Secfew (Acting Hon Sec Mwch 2020,. elected Novanber 20201 Hon Researth Chair (retred Marth 2021 > Hon Ed¢tor, M4YWrhS and Publicati$ Char (retired No¥ber 20201 Hon PUbltionS Chair letected Nuiember 20201; Actry Hon Research Chair {Mh 2021) Data Prthecticfi Officer (elected November 2020) Irelired NO¥nber 2020) Prof Matthew JcFes Dr Joame Clwke Professcrf Graeme Bark Tom Thomson Dr Kamal Badreshary Dr May Darwich Dr Nellie Phoc&Cosrnetatou Dr Nadia Naser-N8llab Kale Owen Dr Rathael Sparkas (elected Novembw 20201 The trustees act as directors f(r the wrpose5 (* CoMY law. Prlncipal Bankers Royal Bank of Scotland PIC London Dnjmmonds Branth 49 Charing Cross Road London SIMA 2DX Authtorn Iliamson Mcrton Thomton LLP Verulam Point ststion Way St Al)ans, Herts AL1 SHE
00gJ&gn Envelope10.. A¢754032.78EG463&A8EMIA76C127F54 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 MARCH 2021 Govomance and PAanagement Constituli The Council for Bn'&'sh Research in the Levant f"CBRL? is a chanty registeredin England and Wales (Number 10730 15). It is also a Gompany registered under the COmpanS Ad 2LX161Number 3566648). The C8RL is governed by its Memorandum andAffjcles ofAsscaation supplemented by 8yelaws Corporate Goveman Management of the C8RL is vested n a Ctynmittee of Managthnent, vthith cMsists of noi fewer than fNe members elected by the CBRL membwship in addition to those sawirwJ by virtue of Iheir office. Honorary officers elected al the AGM in 2020r2021 are the Presijeni Char, Honorary Treasurer. Honorary Secretary, H¢)norary Researth Chair, and Hi)nwary PubliCatic5 Chair. EditcKs of CBRL'5 journals and MoIaphS are no Eonger requed to be trustees. All members of the Cmie8 must be CBRL members. The Committee of Managemerrt is the CBRL'S Board of Trustees, and it$ member5 lother than the Preshknll are the trustees the CBRL. ordin Trustees serve lor a rnaximux pened of Icw consecutive yes. On èlection. trustees are gven a copy d the MemrAan(hJn arKI Articles of Ass¢xIn, a wpy of the 8yelaws and CBRL procedural dc¢umenlioTr They are offered guidan on the role and responsibilities ol trustees of regislwed charitres. Tfustees oversee the management of through qu8rterty meetings of the Committee of Managanent in London. sthethled meetings of the sul committees. and whwe necessary, on an ad hoc basis via email, telephone or intemal secure messaging. as approFfiate. In 202012tr21. due to the ccyonavwus pandemic, all meetings were held virtualty. induding the AGM. The AGM was brouotrt forward by one month, with elections taking place in November. with new trustees fonnally taking up their roles at the December Cornmitlee meetir#J. The Commrtte& of Management is supp1 by speoalist subMMittee5 wtrKse membership is supplemented by sl8ff memb85 ere required by add1)nal co•ed members. A Human Resources IHRI SUtCOMmittee was athled in 2020r2021: Finance and Govemance." J Shakeshaft {Chairfrom December 20201. R Bewley. T Thom51)n. and Dr E Weizrn. Pat Sucher. as past Hon Treasurer lrets.red March 20211. serv&J as chair eXClO until Seoember 21Y20. Research.. Dr Sossie Kasban"an lexlwnal assessLY), Prof M Jwes (Chair until Marth 20211. Prof Graeme Barker {Chair after March 20211, Dr M DaTh¥th (retired December 20201, Dr R Sparks. and Dr G Tsowapas. Publications.. Dr J Clarke {Chair. Edit(Y Mwaphs unlil DecemLv 2020). Prof G Barker (Chair, from December 2020). Prof G Philip (Levant Edrtor, exdficio Lnlil DeCber 20201. Dr Sarah Irving IContemFW Levant Edit(x4n4hief. ex-offiao). C Middlet( Ico- opted until December 2020: Lev•rt Edilor4rFChief from Januay 2021. ex10). Hwnan Resources: Dr E Weizman (cha). T Thomson, K thven Each sub-committee has its ovm t¥ms of refer. arKI ttwr rep(¥is ¥e standing agenda items f Ihe Committee of Management. (Ing lo the increasing ryofessionalisation of CBRL'S operati¢)ns. review of CBRL'S constitution, committee SIrL$, Hcrnrary oificer, trustee roles, memtser$hip structtre has been initiated. A(>hoc 4)p¢XntmtS panels continued lo be set up lo appoint new members of staff as well as ad4 working gr(xS for time4imrted issues of strategic imP(tse. In receni yews these are fundraising and library wthing groups. The Commrtlee of Management is responsible for Ccng and appwovvw all Ihe rwnmendalions of its sutKcfflmittees, wcking with the CBRL direcius, develcping the overall strategy and direction of the CBRL. CBRL has begLn a revtew of rts missi. visiorn strategy. govemance. policies. and ant management. vthich is continuing irto 202112022. Day404ay management of the CBRL is delegated to the directors who act both as Institute dtrectors and ex-officio members of committees. Carol Palmer. the CBRL Director h)¢ated in Amman. oversees erations at all localiCS. TcAffic Haddad, 1*reCa of the Keny Instiltrte is responsibk for staff and
Do¢uSvJn Envdgp• ID: AC754D2>78EC463UBE549A78C127F54 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 MARCH 2021 operations in East Jerusalem, also acling as C8RL Dewty Director. Bolh institute dirWAS are aclive researthers in addrtion to their administrative and cperatial responsibilities. Remunerdtit)n poliGy The governing winciples of the Chwitrfs (traft WLwation pcqiGy we as fhS.. To ensure delivery of the Chit$ obiedi To attract relain a motivated w(rtCe with the ll5 and eXlIse necess¥y for ¢Ygsnisalional ¢ffectNenes$ That remuneration struld be equitable and Colwt arxoss the C(glsl0n while recowis#ig the partiujlw complexities of employing staff in sevexal COLmtrieg To lake account of purposes, ms and values crf the Charty To ensure that Pay levels and pay increases are aFprcwriate in ccrtext of the interests of tyjr beneftciies. SeniorEx8CUtive Remunerdtion CBRL takes into Kcount of the follung wncs in ternis oflhe Temunwion of tts seniar executives.. To ensurg that the Chwity can acce5S t tyFes of skills. experienw and compelencies that il needs in its senior staff, the Slf seope of these roles in the Chwity and the link to pay The natu of the wider Oyment offer made to senior emptoyees, where pay is one part Lrf a package that Incke$ pwsonal and carew develot¥nenl. personal fuifilment and assratIon wilh the wblic benefrt delpiwed. The Chwrty rec(y3nises thal it is. on occasion, possible lo attrwx exe(xrtives at a io sector c private sector market rales. In line wth th8 recommendaticms of Ihe NCVO Inquiry Executrwe Rwnunwats'c published in April 2014, the Charity has deo.ded lo disclose the remuneration cl ts Exe¢xlNe Team. whth for 202012021 ¢iThpriged the directors of Ihe ov¥seas insliluies. Remuneration for the year ended 31 Marth 2021 comwsed salwy and pension cottrrbutions. There are no other pecuniary benefits for seni(x or olher slaff at the Charity. Rl8k8 The Board has accepted tho widw r¢sF4)nsitrAlties ¥) the revised Statent of Recommended Practice, AccoLmting and Reprxting by Chanttes, issued by the Charity Commission in Oct¢)ber 2000 as updated by SORP 2015. The Fin8nce and Governan SMmIttee reviews magernent and fmancial wocedures lo ensure the identrfution of major risks to vknith the CBRL May be exposed and to ensure aFyowiate systems are in place to M'gate them. Responsibilrty for reviewing and updating the CBRL risk register is currerrtty held by the Data Protection Officer, a trustee and member cl tha Comrnthee of ManagwnenL Fin¥tt and Govttnance and HR 5CoMMittees. Risks to our adivities arise frrrfn regi¢al instabilty and Ihe potential impact the secJJrity ol our Institutes. staff, and visiting researchers. CBRL cannot replace the risk a55essments undertaken within UK HEIS ncK accept resKk)nsibilty for visitir¥J researchers and students, bLrt CBRL wcYk$ to rninimise risks to staff vIsrts. Procedures have updated to enswe that rese$ visiltiig our overseas Institutes have Undertak their risk assessments. The opwalicn of our Instiiuies is reliant relevant FwmissicTh frcm aJthorie# in the IwTitories wi which th&y are situated. Foreyi NGOS and18amed societs.es are increasingly subject to increased regulation and gr&2ter scrutiny throLoLrt the Middle Eas( where C8RL maintains tnslilules one each in East Jerusalem and Amman. CBRL mitigates these nsks by demonstr8tin9 benefit lo the local cLYnmunily and researthers le.g. the Institute libraries and throu partnerships on researth wojects) d building strtxg relationships th al relev local intemational slakehoklers. The other material risk faced by C8RL is in respect to its e Bn'lth PLademy IBAI fundirwJ. From March 2020. disbursement of the Brrtish Academy grant was mcrfthly until June. when the British Academy notified CBRL that the anr allocati for 2020r2021 would be based on flat cash plus
Dow&w En¥elope ID.. AC754D2&70EG4$3WEWA78C127F54 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 MARCH ¥J21 1.5%. Howevtr, the BA kept CBRL other British lfflwn81 Reseth Institutes (BIRII affiliated with the BA informed of Its negotiations wth the UK goVerrMt throughout, including the outcome of the 2020 Comwehensive Spending Review. The CBRL 1$ ccrtNwing ts efforts to Taise fLnds throu a wide variety d means. to redu dependence on the BA gr ObJectlve8 and A¢tlvltles for the Publlc 8endh The CBRL is estsblished to athCe p)h"c educati¢Jn thrcAJgh C(YKltirrfJ, supporting, and promoting scholarly research in Ihe humanitses. slxial scY&nces. and related sut4.ect areas in Ihe Levanl, and the dissemination of the useful results of SLth reth. The truslees corfirm that they have taken due regard lo the Charty Commission's guidance on PLA)lic benefrt when reviewing the CBRL'S hievements plans. In M¥ch 2021. CBRL revised its missicn and vision statements. to advance knowledge underslanding of the peoF4es and IeS of the Lev Imissi)nl and 'for research in the humanities, soci81 sciences related fields to make the fullest possible contribjticffl to fostering kn¢)wledge understanding of the Levant. fcy the c¢Jxmcffl good. Ivisionl. CBRL'S fesearch Ihemes were also upded in March 2021 and can be the CBRL website Ictyl.ac.ukl. Lisis of current and recent awards are puWished in the CBRL Bulletin the website. whth also lists forthcomiro and kYevNJus evwts. The trustees have complied wth the duty to have regard to the public benefit guidance published by the Charity Commissson (Secti 17 of the CtrAriti8s Act 2011). Tr trustees thaw attention to Ihe membership services detailed on www.cLYl.aauk Iprovisi¢m of librwy servKes. accommodation. researth equipTnent, lak(YatQry SP8ce and reference Com1$), want and schcAarships. and publ lectures. academie workshops and other related events, rKthvithstsnding the disruptions imposed by COVID-19. The CBRL Library. wlth its branches in bcAh institutes and ccmbined calalogue, remained closed during 202012021 due to the COVID-19 pdeMIC. There wwe some litary visits by private appointmenl vthen c1MstanceS allowed in ArnM. CBRL jownal wtAicati¢)n5 have operpaccess pjlicies, although these are depdent fuTrJing being arrwed by authors of papers. Many CBRL monographs are Currently on an ty8n access repository (the Arthaeologital Data Service). New . volumes in fLrture will bo placed diredly onlim as tjpen xcess. Athievament8 and Perfomianc¢ The CBRL aChve5 rts d4ecfives for public benefrt thrwh e wogramme of ¢ting, sp(Thoring and facilitating researth and the dlssemlnatK of ts irFhouse pUbli&10nS (Levant, Contemporary Levant, the GBRL Bullehn, 8nd monoJraphsl, thrcwh rts website, SUFW119 pUblallon in other outlels. by organising academic meetings arKI wblic ledures. thrc4Jgh the presenth)n of lectures on research by staff members. The CBRL Bulletin serves as a Icmal of record, with reports on all sponsored research", the website [IdeS ongoing irrfcthiation in researth and aclivilies. W8 continue lo disseminate a wide range of researth ttrwh wr JOLmals Levant and Contempyary Levant published online and in print L8vant ccrtinues to be red in the top wartile of all archaeolcJic81 joumals wtylthwide. DurirwJ the period of tri$ report 20221, Levant received 56 submissions of whith 24 were accepted lin some cases sthiect to revision), 26 were rejecied and 6 were withdrawn. 2020 marked the 52nd ythqr d the publicatFon of Levant. a backlog of Kyinted issue$ laftw publication onl1r) is abrt to cleared, with Levant Vol. 51, Issues 1. 2 appearing in 2020. Issue 3 in early 2021. Vol. 52. SKcial Issue11-21. ¥)pearwig in June 2021, follcwed closely by Vol. 52. Issue 3. CBRL apwnted a new Edrt4rth of Levart. Dr Carc4ine Mhdd1etc, Itho began January 2021. takng over Professcf Grh¥n Phlip. Edrt( $vKe 2CI)8. Dr Sarth Irving (Edge Hill UTerS1ty) ccrfnpleied her first ful year as Contemporary Levant Editu-i Chief in Odober 2020 and wbl¢cation CA both issues of Volume 5. The fr51 was a special issue on Levantine chronotopes.. pnsms forenlangled histleS with west edit¢xs Rana Issa & Emi Wgen. The seCCd issue induded the wirnir¥J Contempornry Levant article prize in 2020.. Petitioning for Paleshne." fUgee appeals ID intemahonal athlwibes by Anne Irfan IOxf¢xd University). A close nner up and special mention wa$ given to Thirsty water cam8rs." the pr&ucts"on of uneven waterscapes in Sahl al-Battuf by Muna Dai*1 ILSEI. A double issue {201&19) of C8RL's annual document of record. Ihe C8RL Bulletin was projuced in hoLW in spring 2020 and made availat4e online on the CBRL websit
Ourusign Erw•lry• ID.. AC754D22.78EG463&76c127FS¢ COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 IAARCH 2021 Ow other Fablishiro athity, wthaeological mow. c(xiNes to eXperW Irhver take up. Thrs 1$ lTri ety to be the ongoing effect of the move to digital Wb1rvJ. and of people still wthing to see they books in h¥d copy as offered by other Hrywever, Open Aceess10A1 thallenges will c(mtiNe to place pressures the'Fxknlisher pay¥ model. In the n&xt few yews, online OA dlIa1 Mon03phS is likdy to beCce the prirNipal method (rf Fthlishry 8rdO91 morKJgraphs. COVID-19 meant that it was impossible to orgbse fac+lcAace events thjring 2020f2021. and all events moved online using the zOn platromi. Bethen May 220 and the end of Marth 2021. 22 webinars in were organised.. five pand pr6sentations. ten bcK>k talksnaunthes. seven lecturesh¢)pical talks. All ¥e arehived C Ihe CBRL'S YouTube ehannel (CBRL video) and availle as wdcasts vfd Ihe CBRL websrte. Some of the highlights and examF4es of the dNersty of events include: "Lod(ing forwards backwards.. arthaeological and geobgical perspectives a Sustainable future" a panel discussion with lain Stewart (Royal Scientrfic Society, Jordan). NI Abu-Jthr IGeman-Jordanian Univwsity), and Carol PakneT (CBRL).. 'Migati dplomacy in Ihe Levant. LesscYJs frorn the Syrian refugee crisis" CBRL'S AGM leCe by trusiee Gerasimos T8(xapaS (then al BifMfft8m. from July 2021 at Glasgow, and CBRL tntsleel; "Covid. neolthralism and the'hxab SPnn, with Gilbert Achcar ISOAS University of London) in conversation wrth Tour Haddad (CBRL); and"StealNig from the Saracens.. Hthv Islamic Architecturg Shaped Eurcfe" a discussion with the author Diana Darke d Veneti8 Pcrfter and Scott Redf(Kd ISOAS}. The webinars w&e popular. allowing CBRL to reach v4Jdiences gfobalty. There was totsl reach rrf 20,1 in 202{021, counts"n9 attendees plus views aoyoss all CBRL'S soctal media. CBRL cc#7)missioned a long%damed rewew of its litKaries n autumn 2020 to inform shap futures for CBRL Ikiyaries. FollrAving a public ldering protess, the c(wnmission was Lmdertaken by an expert team from the American Cwtter CA Res8arth IACORI in Amrn. Jordan. and the report SLbmitted in December. Su Hyeou Cho was appJint&J as a consuttant lo assist in making the changes and some of the rewl's recommenda11$ have akea been implanented, includwig moving and securing the Kenyon Institute's rwe bcd( tcllection arthNe materials lo a rMv Icotion within the building and taking acts.on to resubscxitie to JSTOR auoss srte& The libw report has also informed CBRL strategic MIng discussvJns and 0n9 Magement From April 2020 CBRL moved to the Xero plalform for financial managematt with improved rewJrtir capabihties. Further IT improvements inchjde an wade to Micosoft across CBRL. coordinated from the Amman Institute. This upgrade has unrted all CBRL lolI0n$, staff, key trustees digitally with new emails under the thl.ac.Ll( domain name. li has been a tremendous boon for team communication and essential in the pandemic context. serving to secure ¢cnmUnIcions and data. In addition, a new Customer relationship msnagemenl platlomi IMemtrrshipWort(s} has been adopted to improve the management of CBRL'S membership and ccntact lists. alltrwing for seamless integration with CBRL'S new website and r uPaded finaal F4affLYm. This move coincided wsih a rw membership structure from jUary 2021 that separates enrollment from subsCriptn to CBRL'S 1¢¥nals. Jcwjmal Subscripti is ntrw an opts"(£1 added extra. CBRL'S new website developed throughout the year was laLmched n )ri12021. After lockdown restrictiMs &qsed al Ihe CBRL'S Keny In$trtute in East Jttusalem, st Ihat all staff and COrnracl¢)rs had access to the srte. TV1$ began to UFgr&Je and refurbkh interic¢ and exterior spaces. Internalty, renovations irKded redecorating. window paIrS and new bedroom fwniture, plus tsvo bedrooms reassigned to aCclModate rare boo comections. archive materials and extra study space. This relocaticn created mcwe wCspace for library visrtors w the ground floor. a key recommendation ol the litrary revi. A longwned renovatIc of iwo extemal rooms. FfevH)usty used lo store arehaeologieal finds, have also been Ced. These are a portacajtn which has been ccnverted into a ¢xfflfortable office suitable fc rtal lo like-mirKled oryanisation d the lower storage room, part of the original nine1eentfvcry villa cOnstructn wth its roof refuIshed 85 a seatry area. 8oundary ferw and walls hav• be secued. as well as a camera system installed to imFrfove secwty. At the C8RL's inslrtute in Amman. work c(rtirxJed cffl the Nlm4(halidi Culiural Heritage for Sustainable Development proj8¢ts. Mapwng tal Heritage in Jordan IMaDiHI wth Kings Collego Lorvjon and the Hashemite Universty and the Our Past, Our Futu, All Togetherin Faynan (OPOF) with Reading Universty to develop FaYft Museum. A Se¢d AHRC-sponsred project.
OWJSIk Emfelope ID.. AC754022.7jEfA$JEm9Arn¢I27Fs¢ COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDEO 31 MARCH 2021 Aha80lo9Y to 8usiness in Faynan {ABIFI. led ty Readng Universty to SUFWt establishing a women's cTroperalive to produce handic¥8fts inspired by heriiage frK the wrynen of the Faynan cc¥nmunity, ran alongside OPOF. CBRL P4nman continued to employ Iwo Ffojecl managers, supported by and with contribution5 the tore team. Nebras Maslamani, fc OPOF and ABIF and Shatha Mubaideen, for MaDiH . A][ three prc4ects were originalfy scheduled lo be compleied at the end of February 2021 but were exiended due lo delays caused by the pw¢dernio In November 2020, CBRL was delithted when the OPOF prqecl th8 Nv•Aon PrEe to fwir¢er devekjp social Iwprise in the Faynan area in 2021122 with Petra Univerw arml th8 JdanIan norFgovernmental ganisation INGOI. Fthure Picneers for Empowering comm&S IFPECI. FPEC lo( over management crf OPOF and ABIF'S woject eenSionS wth the woiect manager moving to FPEC in March 2021 in athance of ccnrnencemenl of the new Ntr•Aon Prize wojecL MaDiH was eXIded to the end of N>ril 2021 with the yc4ect manager c¢YrtiNing 8t CBRL Amman. CBRL led with the British Instrtute at Aa {8IAAI on the BA4unded BIRI Stage 2 revivw, manrfesto and branding project started in November 2020 to capture ports of shared interes( evidence of Jllabcyalion and opycKiunilies fcf greater c(Ymectedness teWI the BIRI. The prqect consists of three elements". a rep¢Xt to indLKle pathways towards greater collabcation and mutual benefit, the development crf a skwed visual identity, woducticm of a manrfesto. Ihat is a promots.onal leafiet showts$ing the BIRI. The cornmi5siw was by Only Studio with Ckiire Reynolds serving as oiect coordinatu on behdf ol all the BIRI gaged ty C8RL. CBRL employs staff in Ihree Ic¢ations' in Land. AMM and East jerusal in addition to the Directors. Staff in UK in 2020r2021 were.. Miranda Lu(hJen, Financial Controller Iforn¥ty titled Finance Officrl," Claire Halliday. Execxrtrve Assistant (taking on the exewtive fLmCtions of the fcfmer ExecLrtive Officer August 20201.. and Maggi8 McNuliy, CommunKaknons, Development and Programffle Manager. Max Slaughtérjoined the Ln offi as Development Olficer replacing magg McNulty from September 2020 to May 2021. Kendall Llvingston held Ihe ro of part4ime Outreath and Administrative CcKfdinator in Ihe London office until S¥ember 2021 Wh Silv$8 Ferreri was appjinted. The latter is a shared role wrth fv40 other British Intemational Research Institutes IBIRII and administered by the British Inslituie for PerSn Studies IBIPSI. as part of on- going collab)ration effcrts. Office staff at CBRL tn Amman in 202012021 were". Firas Bqa'in. Operations Manager. Safa NJ4ALknlaseb, AdminisIratorlAccnt•iL and Rudaina AJ Momani, Librarian. GhosoLm Al Shebli Ined the Amman team as A5SiStanl from January to May 21r21. Maida Smeir conttnued in her role as Adminislratcr at CBRL'S KenycY> Inihrte in Jerusalem. Carelaking and housd(eeping staff at the Institutes were: S1 Saleh (Kl). Oswna Daswi IAJnman}, Sameera Jbwr (Amman), and Mc+wnmed Saleh (Kl). Futur• plans The trustees and Directors ol the Inslilutes have made CSIderable progress fomiulaling 8 new straiegy and fcKJr-year business plan designed lo refresh renew rts mission of SUFWting and disseminating researth on the Levant on a sustaina¢ basis f¢x the commcm good. The pandemi cr&Ated time and space for CBRL staff trustees to undertthe a wocess of comprehensively updatt.ng CBRL strategrc wiorities. poliaes, prlUreS, facilities, and grant management structures. to ueate a sound basis for CBRL futures, in a manner that the team ¢Id not have (hjne under rnrmal cycumstances. The new strategy recognises thanging enVIrment m tems of funding source$. reswthers. needs wWe$, and Ihe 1&yanCe of ow tiVe$ to the courrtries of Ihe Levanl. CBRL strategy for Ihe next fow years is Struc th three wities: Protecting and enhancirvJ researth excellCe ExpandirwJ reach 8nd engagnent Strengthening Organisati cperkng mryjel Our aclivilies to support Ihese cknj'eclives inthde.. Reviewing and modemisKig w govern structwe:
Dowslgn Envelope10.. A¢754LI22.71£C4638T6Cl27FSl COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 MARCH 2021 Reassessing our award prfolio to inckAe guidance on best Wac1 to the UKS Research Integrity Concordat, revised residency oppcxtunits at our Institutes and a greater diversty Lrf researth OFP(rtLWlities for a diverse and indusNe range of stholars" Investing in our librarS the aeSLI.1rtY of ow arth"¥es reswth resources, Fthysical and digital., Fomalising Strateg pW1nlp$ with UK WKI regional HEIS and 4xganisatrons sharing our missM?n and vtsicfi. Moving the Arnrn Institute la a new with Poss1htIeS ftx increased engagement and collabc8lKn', Developing and ¥npl7entlng a coMm8110nS strategy. Ckling improving measLwements to evaluate impact and thai buikl m eth¥Ked P£tlI18$ digital engagemenl and oulreath., Continuing to upJrade HR stnxlures and r&tice5; Designing and developing a ccmnwehenswe fundraising strategy.. and Increasing collaboratKrt wilh fell British InterrtiOnal Researth Institutes {BIRII Inwct of Covld-19 A eonsequence of the COVID-19 pandemic was that both CBRL'S Instriutes in the fegion remained officialty closed to the public in 202012021 with UK4)ased reseePts unable to travel lo the region du8 to travel restriciions imposed by FCDO their home instilLrth)n5. C8RL's branth in Easl Jerusalam, the Kenyon Institute. CsIstenI featured wrthin the COLntys'red zone,. at limes mth'r#J imFKJssible for any stsff exwt the Institute's Dire(or lo have access the srte during the country'5 three severe lockdovms. Jordan imposed the wclds strictest most SLKcessful lockdown initially, with 1 staff working from h¢yne for rn$. AJI staff in the UK worked from home. While project- funded work in Jordan was able to Ctin, progress on Sne elements were delayed dug to travgl restrictions and the possl)ility of holdirrfJ face404ace meetings. The direct financial impact of the Fockdown measwes sing frryn the Cow&19 paMie was limited to the loss of Income from the hostels which could not be run for the ule of the financial yw by the Instrtutes in East Jwusalem and Amman. A n¢xmd year of hostel r8verwJe wwkl be approximately £40,000. The majority ol CBRL sPcSCed researchers 202012021 wtre unable to dertake resewch visits, awaiting the lrfting of travel restrictions. CBRL'S two researche funded by UCL'S Nahre NeOrk were unable to travel from the regi to the UK lo take up their felkhvships witr virtual scho18rships offered latterty. also due to the retraction of ftmdng from the AHRC fdlowing a change in goverrffient wiorilies caused by the pdeMIC. It was not possible lo hold lac&to fact events in 202012021 L1 CBRL was able lo develop online resources and activities in reswjnse, which had a positive effect of increasing wtreach gbbally. All tnjstee meetings were virtual in 2020r2021 C8RL on Zocrfn. wthich had a posrtive effecl on attendance. reducing travel time for trustee5 travel cosls of goVernCe c¥glsationalIy. Holth'ng the AGM by Zoom also facilitated member attendance removing the necessty to travel to London. Moreovw, as discussed ale. Ihe pericd of the Pandem ueated time and space for a comFfehensive review of C8RL strategy. policies, grt offerings and oversvJht that we continuing beyond the end of the year. Covi&19 delayed planned renovalion5 and upgrades at C8RL's Kenyon Institute in East Jerusalem. the eonts.nued do$e facilttated their cortirNOIn 8nd cornpletion once the situation allowed. At Amman Institute, Newton Fund AHRC woject wrk continued tmjt faced sLvne minor deWs. Covid-19 has affected opporiunrties lo appty for new UKRI resean fvnding opportunitw, notabty e to a reducti in Ihe Global Challenges Research {GCRFI flmth'w, whith also funds Ihe Newt Fund pro3ramme, following the UK govemment deusIC to rede Overseas Develoyn& Assistance IODAI in March 2021. Grants Pollcy CBRL awards held In 2tr2012021 were based crt wotocols in the C8RL Mar¥Jal for Researth Swp( (last reviewed 20131. The C8RL Fellowships sthemes offw Post4)octoral Fellowships to applicants within seven years of eompleling a PhD, an¢J Vtsiting Researth Fellowships to established
Dow&gn &vel¢po ID.. A¢7$4D2&71EC403WBEWA78G127F54 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 IAARCH 2021 researters, Caty holdir¥J a 1VerSty PDSition. POSI)0cl¢nI Felowships are for 3 or 64nonth periods and Visiting Researth FeN(Miships are for 1-, 2- >m(l periods. Pilot Study awards are available lo help researchers rertth"ng initial exrAoratcry wcffk or a feasibt'lrty study with a view to preparing a I application for major funding from a Researth CoLmeil or the British Academy or similar. CBRL also crters Tean-based fielowork research awards, desiumed to suppcyt team-based researth over Me. tsvo cf Ihree years. In addition. CBRL is th lo fvnd a serie5 of annual Travel Grants, up to a maximum •ard of £8, for rese¥th in the COLntries of the Levant The travel ryants available lo PN) researchers are funded by our membws and supForters through Travel Grants Fd, as Ihe specrfic temis do rnt allthv us to support PhD work from our BA grant. Applj'ealions for funding of research wqeds in the Levant are soughl through advwtisirwJ in acadgm and research instrtutim$ and Wunts we lo sulynit their Froposals in a speufic formaL The appcatIonS we rewewed thetr academic merrt Ilyough a strirvJent wocess cl peer review by approwote expwts including those who are not assl8d wth CBRL. Final selection is made by Ihe CBRL Research sutKLKnmthee. ElhnKity. gender. age, disab¢lty, sexual orientation. religion, ar person81 finan81 Circumsta are not taken irrto acccAJnl. Prqects are funded and monitored on an anNal basis, athwgh the leam fiekbaSed programmes have been funded on a 2- or >ye¥ basis. A new small grant Sfhme. Nthorking Partnership Awards. was lached November 2020 to offer OFPortunieS for collorative vytual w¢yking. The Project affili8tion for academi¢ reseth n the countries of Ihe Levart is available to post4oclora rpsearthers. The Project Affiliati( programme offers inslitLrti(ml supp¢Jrt onty and no direct funding r5 awarded. CBRL affiliated projects we eligible lo receive help wilh obtaining excavation or survey licences. or to develop and enharte collaboraticn wrth prc4ects run by Institutn5 from the hosl tnuntn'es. Project affiliats"s were suswded in Dec4mtw 2020. 1¥)wever, due to risks and in light of the pandemio The charity requests 8 resevth r)1 from 811 fded inth(tsls and wc4ecls thich are made licty available via the anr•aal CBRL Bulletin. public leclwes. blogs podcasts, in addition to stholarly publicion$ arising from CBRL-SUFwled rese¥th. A review of CBRL'S research 0t015 and ethics took place in 2(Y2W2021 by the Researth Ccffnmittee in athance crf a revis crf the pr&Jramme 2021 r2022. A particular c<>ncem wa$ to lake stock of risks and duty of we around irmlividual Tesews not affiliated with a unNersity or research LYg8nisation. as well as best ryaCt wi general from the UKS Research Integrity Conc¢)rdat. Fundralsing pollcy W8 receive most of owfuTrJs in the fLvm of restriced Iwc4eLI or unrestricled Igenerall grant support from institutional funders. primarity a granl-Traid frryn the Brrtish Academy, together with some tharitable trusts and foundions. and grant in(yxne for academic wojects. raise donations from r members lo fund Travel Grts and from inslrtulional donors major prqects, felltrwships and ¢LYrference SponsShI>. CBRL does not ernY third party fijndrasers and does ncA raise funds from the gen8ral PLtJlic. All r staff follow the Code of Funthaising Praclice as outl¥wd by the UKS Funthaising Regulator. During the year there were c<xnplainls al)ut fty¥jra1n. Financld Review The financial stateMts have been Fyepwed in acCd wrth the accourrtry pc4icies set (xrt in the notes to the financial stements and comply with the goveming do¢iwnwrt, the Companies Act 2C and Accounting Reporting by Charittes: Statefflenl of RecomMded Practice applible to charitses weparrng their accounts in aCcCanCe with the FinKl ReportirrfJ Slandard applble in lh8 UK and Republic d Ireland {the"Chanties SORP"). The British Academy grant covered the period lo 31 Marth 2021. BA grant is divided beeen e, or man, grant the Busine55 DeveloyTrent Fund I'BDP'I which is intended to develop CBRL'S long4erm finartia 5UStamb"Trlrty is su4.ect to sepwate nUal bhls to the Britis Academy. The BA gr• 2021Y2021 was gNen ¢X a ctrYear rd14)ver basis. This wa5 due tts the uncertainty of the impact of the Brexit settlemèjrt for funding avalJilty. the Fyevious 201&2020 10
DoGuSw Enveknpe ITr. AC754D22-78EG463MBW9A76CI27F54 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 MARCH 2021 agreement having ended. and pendwo a new longer4em sdtkynent ty the Department for 8usines4 Energy and Industrial Strategs (BEIS) whith was artiapaled to follryw the 2020 CPrehenSive spending review. Hthvever. the 202112022 BA grant is ag8n limrted to a one-year settlement in the cthgoing uncertain circumstances of the COV19 pandemi CBRL ¢ontinue$ to develop inittiveS to raise an increasing woporticn crf its fLwth from ncTr8EIS sour¢as and to seek to raise its free reserves to make it both less dependent on a single fJth4ing sc4Jrce and mcAe resilient to swtngs in YWard plarning. Thi$ has led to r8struULring and a caulious apwoath to eXpdttwe and gNen the cfflgong climate of UrertaInty this apwoxh wll contir. A signrfie£nt part lo 80%) ol CBRL'S funding in 202012021 ccrtinued to Come from BEIS via the British Academy. both in the fom) d our core grant1£550.535} inciuth'ng lh8 release Gl cmtingency lunds1£53,2971 and as BDF funts1£154.354) for specific develoFwnenl projects. The BA also supported Ihe project lo devekp the BIRI tyand in pwtnership wrth Onty Studio {£36.0001. There was also in¢ce frcm wole¢ts1£52.(sl, memtership fees1£8,9141 publicions1£26,566), in addition to other smaller sources of inccffie. The C8RL's membership income 2020r2021 was used to transfer an amount of £8.260 to the travel an¢S fund fcf use durry 2021r22. The overaN result for the ye is a surpbJs on the general fund of £34.482, as a resutt of ¢cmtiwed reduction in staff inrtraled in 2019r20 when Assis1 Direct¢xs in both kniman and East Jerusalem were not repla¢¢d. Ow ongoirvJ finanal plaming strateay is to mininise risk through matching our permanent cost base to the cue grwrt. while 0Wir0 our ivities on the bast5 of income generath)n other sources including invofv¢merrt as wincpal or partner in other want-funded initith.ves and fLn¢traising for sFeufic purposes such as major woie(ts. fellthvshsps c(Yrference sponsorship. Reserves Policy Charity Commission guIdar1 defines free reserves as "irwme whth becomes available to the tharty end is to be experded at the trustees. disc%etion in furthttance of any of the charty's objects. Jl is not yet $penl, cunmstted or dognated,. The Irustees have examined the needs and chaNenges faced by the Chanty in b¢th ihe short and medium lum. along with relevant financial fixecasts. arml have Iulated 8 "¢Y to meet those needs. The exi$tKvJ fre& reswve 'cY set by the trustees is a level whwe at least the equivaknt of f(x months of no1 expendrtwe is rna1rrtaed. rew3nising th some of the potential risks to OL 4)eratn may cause a $i9nificant loss of kcal income streams On the basrs of expenditure that is planned for 2021r2022. this policy woukl rewire Iree reser¥&s in the order of £200,WO. At the balance sheet date. free reserves cc¥))rytsed thefdltr*fflg: 2021 Totsl fiJnd$ per Balance Sheet Deduct.. Restricted Fd$ (Note g) Fixed Assets held lor charty use (Note 5) Free Reserves at 31 Mwch 2021 19,427 318,712 The trustees will assess Ihis polKy basis. 11
Emfolup•10.. AC751D12.78EC463&ABE76C127F5l COUNCIL FOR BRITISH RESEARCH IN THE LEVANT ANNUAL REPORT YEAR ENDED 31 MARCH 2021 Trustee Responslbllities in relallon to the Fmandd Statenx The twslees (who are also directors ol the for British Research in the for thg pJTp05es company lawl are responsible fc Wepng the Trustees. Rewt and the fancIal statements in a¢¢ordance wrth applrcable law and Unrted Kngdom AccIng Stds {United Krydom Generally Accepted Accourting Practice.) Ccfflp8ny law requires the tntstees io wepwe statements fly each financid year which gNe true and fair view of the state d the affairs of the tharitable cgxnpany and d tts ncom8 and 8xp8rvJilure for that period. In preparing these finanaal statements. the trustees are rewKed t¢". select suitable acccrfJnting Folicies and Ihen aOy them consistenty,. observe the methods prinaples the Charities SORP.. rnake jUdgemts and estimates that are rea$able and wudenL state ether applicable acc(1ra standards. including FRS 102, have been followed. subject to any material departLres disclosed and explained in ts fm¥Kial statements. state whether a Statement of ReCnrnend8d Practice {SORPI 8pF4ies has been followed, subject to Y material depwtures whth afe explained in the financAI statements prepe the financtal stslernents the gory carM basrs unless il is nappropriale to presume that the ctwitable company wiu corrtirth Iw$eSS. The trustees are reSpSIt for keeping woper a¢4ng records that disctose wrth rea$able accuracy at any time the finartial posibon of the c1witab company and enable ihem lo ensure that the financial statements comply wllh the Companies Ad 2(. They are also responsible for safeguarding the assets of the cJwitat4e company hence fcK iiThJ reasonable q)s for Ihe preventi and detection of fraud and other irregLtsitie& None ol the trustees had any beneficial intt in y c(thd to whith the company was party the year. Each of the trustees has confimied that $0 fw as ha aware. there is no relevant audrt inforniation of which th8 company's audilors Une. and th8t he has taken 811 the steps that he wghl to h8ve taken as a trustee in order to make himsell aware of any releva audit irrformatbon and to eslthish Ihat the compan$ auditors are aw8re of thal kifcmaticfft. This rewt also represents the iJweLtors rewl as requred by company law. These financial statements have been wepwed in acccfdance wrth the provisiclS of Part 15 of the Companies Act 2006 relth.ng to small companies wrth Ihe Fnanryal Repjrting Standard 102. &wed on of the Councl by: Trustee.. John Shakeshaft IH¢xM>r8ry Treaswer) TnJst8e.' RL*)ert Bewley {Chaimwl Oate.. 24-Sep-2021 Dth 27-Sep-2021 12
Docu&gn En¥10.. AC754022.neG463WSESB9ArnG1Z7F54 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT INDEPENDÉNT AUDITOR'S REPORT YEAR ENDED 31 MARCH 2021 INDEPENDENT AuroR's REPORT TO ThE MEMBERS OF THE COUNCIL FOR BRITISH RESEARCH IN THE LEVANT Qpinion We have audrted the financial statemarts d The cne11 for &ili$h Researth in the Levanl (the 'ch8ritable Mmpan) for the year ended 31 March 2021 which comprise the Statement of Fan¢1 ActNities, 8alance Sheet, Statemwrt of Cash Flows not8s lo th8 financh?I statements. including summary of SI1c2nI aCcnting pjlioes. The fmanck11 rep)rtJng framewcrfk that has been applied in Iheir preparation is apph'cable law and United lfjngdom ACCnting Standwds. including FinancFal Repcyting Standard 102 The Fcial Rewtmig Standard aFplICab in the UK and Republic of Ireland Iuniled KinoJ¢xn Generalty Attepted Accounling Pract). In CAW opinion, the fineral slatwnent& give a true and fair view of the slate of the charrtable canpatys affarrs as at 31 Marth 2021 and of its incoming resources applicatton of resJrces. inchJding its iK(xne and expendrture. for the year then eTrJed'. have been woperly prepared in accd0 with Uniled Gonwaty Accepted Accounting Praclice." and have been Ffepared in acc(Ydarte wrylh the rwwiremwts of Ihe CoMpw$ Act 2CM Basis for opini We conducted ¢)ur audil vi aCcOrdar wth Irrtemational Standwd$ on knjrfing (UK) {ISAs IUK)) and applicable law. Our responsI.11t1eS under those standards are ILrther desuibed in the Auditorfs responsibilrties for t1 audrt ol the financial statements SeCin of our rewL We are indepenclant of the chartsble cempany in aCCdanCe wilh the ethical reqUements th are tseVant lo our audit of the financial statements in the UK inthding the FRC'S Ethical Standard. and we have fulfilled our Oth elhieAI responsibilities in accordanr£ with these requiremwrts. We believe that the audrt evidence we have thained is suifitsent and apyopriate to ryovide a basis for opiniorK Conclusions relating to going Goncem In auditing the fMianci81 statements. have eonckled that the knJstees' use of the going concem basis of accounting in the wepwation ol the fanal slatemerts is apwowialo 8ased on the work we havo Frfonned. we have Idtrfd any moterk4 uncwtainties relating lo events or condrtions that. irKlIvua1ty or collectively, may cast signfficant doubt on Ihe entity's abilty to continue as a going concern for a period at least twefve months Ircrfn the financial statements e authorised for issue. r responsily.litie5 and the reSpC$1.4lIieS cl thè trustees wilh r8speci to going corKem are described in the relevant se¢tion$ of this reporL Other Infomiallon The other infomialion ¢$Se5 the w)chJded n the anwa rw)ryt other than the fancial slateTnent$ our auditorfs repcwt therem. Th trustees are responsib for thè other information contained vrithin the annual reporL Our oynion on the finanual statements does not cover the other irformalion d. except to the extent otherwse eyph.utly Stsled in our rept>rt, we do not express any form of assurance CUsion thereon. Ow resFI)wbilty 15 to read the other information and. in doing $0, consKler whether the other inforynatiw is malenally inconsistwt with the finartial statements ojr knowledge obtained in the wse of the audrt or otheNise appews lo be materially misstated. Ir we identify such material inCclSlencieS or apparent malwkql misstatemls. we are required to deterynine whether this gives rise lo a merial mlssWemt the financial statements themselves. 11, based on the wtrk we have FrfcfftieJJ. we e(mcWe ttre is a material misstement of this Oth rformation, we are rewired to rw>Jrt that f*L We hove nothing to re in this regar 13
DOCUSI Enwehp• ID.. AC754trI2.llEG463WE7ECI1m¢ COUNCIL FOR BRITISH RESEARCH IN THE LEVANT INDEPENDENT AULXTOWS REPORT YEAR ENDED 31 MARCH 2021 Oplnlons on other matters prescrfbed by the Comwles Act 2006 In our opinicffl. based the wcrfk undertaken in the course d the drt.. the inftymiM given in the trustees. rewt. which inc1leS the dfféctors, re prepared for company law purwses. for the finIal year for the fala1 statements ¥e prepared is CsistenI with the financial statements.. and the direct(Ys' report clUded within the trustees. has been mred in acC(dance with applicable legal reqlrernents. Matters on which w• are reqUIr to rwt by exc•plion In the light of the kn(A¥ledge and underslanding of the chantable ccfflpany its environmerrt obtained in the COLwse of the audtl, we have not idwttffied matuial misstatements in the trustees, report. We have nothirKJ to reptht in respect afthe foll1ng mattws relat11 lo which the Compantes Act 20C6 requires us to reFort to rf. in (yjr ¢)pInI('. adequate x¢cxJnting recdS have not been kepL or returns adeqLtale for our audit have not been receNed frc¥n tianches not visited by us.. LY the financi81 statements are not in agreement with the actounting reAdS retLmS' or certain discloswes of trustees. remuneration wified bylaw are not made.. or we hav& not received 81 the infomiation and explanations we rewire for cur audil" or the trustees. were not entrtled to te adVante of the small c(xnp8nies' gxemptions preparing the trustees, report and fr(wn the rwirement to Prrya a strateg¢c rep¢yt. R•sponGlbllllles of trust••s As exF4ained more lully in the trustees, responstsilrties statement the trustees (who are also the direclors of the charitabte company ftx Ihe purposes of company Iw#l are respwsible for the eparation of the financBI stements fcf being satisfied that they give a true and fair YV, and fcf such intemal ci)nlrof as the trustees determine is necessary to enable the preparation dfmancial statements that e free from material misslatemen( whether due to frd N error. In weparing the fwHncial statements. the tnJstees we respS1b1e for assessing the ompanY$ a1Y to continue as a glyng ccrfKem. disck)sirvJ. as applicable. matters related to going concem and using going nCern basis of aCe<xlIn9 unless Ihe trustees either Witend to liquidate the charitable ccxnpwy or to cease opwations. CK have no realist altem81ive but lo do so. Audltorfs re¥ponsibilities for the autht of the financial statements Our objectives are to obtain reasonable assurance abwt whettrw Ihe financ1 Statents as a whole are tree from material misstalemerrt, vth&ther due to frwJd or effty, and to issue an auditols report that includes our opinim. Reasonable assurance is a high level of assuwce. Ixrt is not a guarantee that an audit conducted in accordance with ISAS IUK) will ahvays detact a material misslatemert when Ft exists. Misstatemenls can anse frcTh fraud or error *d are C(51dered material rf, indivi&Jally or in the aggregate, they cwkl reasonaW expeded to irdluence the economic decisions of users taken on the basis crf these financial statements. Irregularities. incJJding Iraud, a instances Lrf rn4)Mpliance with laws and regulattons. We design procedures li line with resEI$1b111Ire$, outlined above. to detect material misstatements in respect of irregularities. induding fraud. The extent to vthith our wocedures are Capable of deteth'ng tffegulwrties, tlIng fraud is detaile<l belw. DisoJ$sions with and enquiries of rnanagernt and those charged wth govemance were held with a view to idenlfying Ihose laws and regulati3 that coukl be expectod to have a material impact on the financial statements. Dwing the gagement team briefing. the outcomes of these di$ssIonS enquiries were shared wilh the team, as wem as eonsideratM)n as to arKI how fraud may oCT in the entity. The foltowing laws and règul8tMs wwè Id•rtIf as being of SignifCe to the entity. 14
Do¢uSkn En¥elw ID.. AC75402z-7JEC463WEM78Cl27F5l COUNCIL FOR BRITISH RESEARCH IN THE LEVANT INOEPENDENT AUDrroR'S REPORT YEAR ENDED 31 MARCH 2021 Those laws and regulations c¢Msidered to have a direct effect on the fin81 slatements include UK financial rep)rting sLindards, Company Law. and Chwity Law. Those laws and regulatic3 for vthith ncmwcompliarte may be fundamental to the opering aspects of the chanty and therefrxe may have a Mat81 effe on the financial $tstements include compli8nce wrth the cwitable objectNes. public befil regulatitms, regional law, employment law and heafth safety legislatK. Audit prcredwes undertaken in response to the poteJ)tts81 Tisks relating to irregularities Iwhth MKlude fraud and rvJrKompliance wth I$ and regulatWs) compnsed ot. inwiries of management fd the trustees as lo whethw the entty complies with suth laws and regulathMS' enquiries with the same concemina any aciual or potential litigation or daims., insFeCt¢on of relevant legal ccffesp0nd8re. review of trustee meeting minutes". testing the appropriateness crfiixjmal entries., and the perfomance of anatytical review to inexpectwj movemtt$ in ¥cnt balances whith may be indicative of fraud. No instances of material n(18nce wwe thrtified Hawew, the lthliho(Y of detecting irregularities, including fraud, is limrted by the inherent drtfiIty in detecting irregUl¥it$. the effectiveness of the entity's controls. and the nalLre, timing and extent of the audit procedures perfc¥med. Irregularrties that resuli from fraud MI be inherently more drfficult to detect than irregulities that result trom error. As explarned above. there is an a¥old&ble risk that material misstatements may not be detected, even thgh the aLKIrt has been planned and perfcmed in accordan with ISAS (UK). As part cl an wdrt accord¥ with ISAS ILIKI. we exttcsse wofessicnal judgment and maintain fessional sceptiasm throu1 Ihe audrt. We also.. Identfy and assess the risks of material misstatement ofthe financial statements, thether e to fraud or error. design and pertom) audrt yotere$ responsive to those nsks. arKI cblan audit evidence th81 is suifioenl and arpropriate lo wovide a basis for ow opinion. Tho risk of not detecting a material misslatemenl resuliing frcffi fraud is higher than fc one resulting from erw, as fraud may w)vofve Co110n, forwy. 1ntwrtjal omissions. misrepresertations. or the override of intemal control. Obtain an underslwding Lrf #emal control relevert to the s111 in Lyder to design audit FKoeedures that are awcyriale in the circumstsrw. trArt not fry the wrp05e of expressing an opinion the effectiveness of Ihe charrtable companys intwnal ccrtol. Evaluate the appropriateness crt accounlirvJ policies used and the reasonat4enes$ of accnting estirnates KI reled disdosures made by the trLte8s. Conclude the aFfJrcoriatenes$ of the trustees. use of Ihe going ojncem basis of accounling and. based on the audil eviden Obtaird. wwier a materi31 uncertainty exists related to or conditions that may cast signrficart doubt the charitable cOmpanS ilty to cryrtinue as a going Ccn. Ifwe ccfidude that a material Lncertainty exists, we sre required to ¢8w attention in ¢)ur ajdrtorfs rewt lo Ihe felated disdosures in the fin8ncial StatentS cy, rf suth disdo$ures ¥e inadequate. to modfy fr opinion. Ow conclusions 8re based on the audrt evidence obtained up lo the date of cu audrtLs rw. However. future events or conditKtns may calse the chorrt)le c£rfnpary to ¢ease lo ¢tt#le as a g)ing Evaluate the ovefall pres11, structur8 and conta of the financial statements. inclLthdi the disdosures. and whelher the finawal statemenls rewesert the Lmd&tywvJ transactions d events in a that 0thVe$ fair weSentati. We communicate with Ihose ctwged wilh g0Vwna reg¥dry, amory oth¥ matters, the plarned scope and liming ol the aLKltt and signrfwrt audit fwKINigs, irKathlirwJ any significant deficIcleS in intwnal c¢Jol that we identfy during our audiL Oplnlon on other matter as requlfed by Brftlth A¢adry grant letter In ¢)ur opiniffl, in all rnaterial aspects. the grant panentS frn the BrrtJ"5h ACadY have been applied in accordance with, 8nd for the PreS set iry the AgreeMl 15
DOtus4 En¥elap•10.. AC754D2>71E&163W£E>BgA76C127F51 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT INDEPENDENT AUUTOR'S REPORT YEAR ENDED 31 MARCH 2021 Use of our report This report is made solety to Ihe ch¥itable ccmpans ItsS. as a body. in accardwce with Chapter 3 of Part 16 of the Ccfflpanies Act 20(. Our audit work has been undertaken so Ihat we might stale to Ihe cherritat4e ccfftpany's members those matters we are reqUd lo state to them in an drt$ report and for no other purpose. To the fullest extent Pitted by law. we do not accept or assLme respon$ibilty to other than the charrtabte company and the charitable COmpaS members as a body. audit w(yK for this reF¥J1. or for Iha opin1$ we have formed. MT Elizabeth Ir¥int Senlor Slalutory Audltor For and on behalf of WMT chered Accountants and statY Authors Verulam Point Sialion Way Sl Albans HertlordshiTe ALI SHE Dale-. 28-Sep-2021 16
Enveknpe ID.. AC754023.78EC463WEA70c127FS¢ COUNCIL FOR BRMSH RESEARCH IN THE LEVANT STATEMENT OF FINANCIAL ACTMTIES YEAR ENDED 31 MARCH 2021 lkncoiporaling the b0• and expeTrdl¥Tr •¢Gourt) Total Llrwtsirldtra Re¥rithd Fun Fun Trtal 2020 Incl 794.1•0 &914 725,842 72&842 11,187 MwnkewshLD 6UtwnEthons Irs knnd Donon$ 11.187 1.421 1,421 8ankinterest 1.1 Research la18$ Grants spe(ifr pJrr¥J8e6 59.015 &7X 17,4 59,680 151,866 1T.40D 842 3,434 4,943 52m5 52. 141145 sale cl E¥ts income 0er inc4me 974 W14 1434 1110 11.MO 095 IQ8 716 Explre Éxpendrtur8 on rwwng lujds Grnnt4TrAKI Mernbejship 179.534 179.$34 21 1413 117,093 119.289 1413 R8s8afch Putli¢abons 4JA1 SU,44• 5•4510 11.740 497,339 11.655 98.6 39,973 509.079 29,785 100,745 4Q761 Evènts 8Tra Ccrfw8n¢es 176 31.3fjfj 31.542 Total •xwdilui• 14674 0111.442 8•4116 326 764.746 893.072 Netlneomrf•xp•ndltyrnl for th•yw (41911 291 7¢L39) 110,9C 181.29S 14716 TotalfLmds brw fowrd 1 Ary 216m1 317.236 804.117 2tQ491 216.330 422.8X TDtsI lund8 Cqwrtod t<>Nrtwd 31 March 33•.13P 286.289 104. 286.881 317,236 6D4,117 Thwe 8re no retx¥i¥sed gaTh8TrJ Itsws othe[thl 1¥1#er offirwiri•l atli*ts& 8btpée am6 retale to wntnuing 17
Dog Erwelop• ID.. AC754D2>78EC463WaESB9A76C127F54 •UUNi•lL UN• i ian RESEARCH IN THE LEVANT BALANCE SHEEr AS AT 31 MARCH 2021 Fixèd ass•ts TAnlble assets 19.427 19.427 2.646 2.646 CuThent assets Debtors Cash al bank and In hand 59,512 770,060 •29.572 107,553 694.368 801,921 LlabHitles Creditor5'. Amounts duè thi1h one Er (159.502) {117.6951 N•t eumt aM•ts 670.07Q 684,226 Tot1 ss•ts l•M eun•nt Ilabllll•s 6•9.497 686,B72 Proyisions {•5.019) 182.7551 Twal Net •stsets 604.408 B04.117 Restrtcted fund5 unstriCted lund5: Designated lunds General fvnd$ Total Funds 26•.219 317.230 32.708 254,173 604,117 338.139 604.408 Th•s¢ fin•n¢bal $tatgmgnts hove been pr•pAFBd in accordaFK• ilh the WDwsM>ns of Part 15 oftho Cornpanie$ Act 2006 relating to smdl companies and wAlh the Financial Rewrting Standard 102 (January 2015). u&¥oved #nd authorfsed forlssue by the Coundl.. Truste•.' John Sh8ke$haft (Actwig Honorary Trea TNsts.. Robert B*¥ IChawThrdn) 24-Sep-2021 27-Sep-2021 The n¢t8s On pages 20 to 29 lorni part of the$e ac¢ount 18
Do>JSign ErMl¢pe ID: AC7$1D2>78EC463WaEgB9A76C137F54 VuNlL i iJn RESEARCH IN THE LEVANT STATEMENT OF CASH FLOWS YEAR ENDED 31 MARCH 2021 2021 2020 Net Cash provided by Opwating Activities (Note A) M196 134.675 Cash Flows from Investng Activi1$.. Purthase of fixed assets (18,504) (2.879) Change in Cash WKI Cash Equivalerrts in the 131,796 Not• A ReconclatiOn of Net Income to Net Cash Fr<Mn Operating Activities.. 2021 2020 Net inccthe 181,296 Depreciation tharge$ IlncreaseyDecrease in debtors Increasel(Decreasel in cTeditors Increasel(Decrease) in 0VisIonS 1.723 41041 41.807 1334 4,000 174,6351 52,442 128,428) Net cash provided by operating activitses Note 8 Reconcl211(1n of Net Cash Flcw to Movement$ in Net Cash 20 2020 chge in Cash Cash Equivalents 74692 131,796 Net cash at 1 Awil .572 At 31 694,368 Not• C Analysis of dwnges in rt debt rAsh fl¥$ AA1A20 At31.&21 Cash and cash ¢quivalents 694.368 75.692 770,060 19
Dow&w En¥elcpe10.. Ac754022.79EC463&ABEA76C127F51 •VVi•knik rvTr i ian RESEARCH IN THE LEVANT NOTES TO ThE RNANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 1 pol¢l¢ 1•18as1$ 01• The finandAI Slaterfnts coll60(e the ofthe Ltyrfon ahd o¥er$easknrthes ofth• Ctyjncl for Re%Earth in the L¢v•ni {CBRLI. The ffnan¢ial stslernents have been prepwed underlhe htrI1¢•I G1 romientiDfb. The fiTranal 5tstemerts have been prepared aCcdance ¥Ath Slotet olReo)rnmdtd ISORP 20051,"AcGwnOng and Repo.0 by Charitie8: statement of R•¢tyhmind•d Prad¢e'. the ConyweB Art2006 Bndthe Standard 102 (2nd Editi(ffi. tff¢tht January 20191. Th¢ finan¢i•l stsl•m¢rts hav¢ b¢¢n pr¢w¢din arwdant¢ 7AIth the R•ptyting Standard wbcthle in the UK and RepuL4ic of Irdand IFRS 1021. The Charitst40 Company ra a publc beneft c4ryarry ft¢ Iht Pet olFRS 102 theTelore the Charlty 150 wepared its flnanr44 statErnents in aGcordanGe ith the stsiement of Ret4mmended Pr4cO¢e ppficat4e to thanb"86 preparing thetr a¢Gounts Yt I¥dan ith th• Reprthg •ppbEle ffi Ihe UK and RtyU¢ oflrelarid ffhe FRS 102 Charitle& SORP SeGMd Edthnl. Ihe Cohwrries Art z()6 the Chwilies 2011. ThE fvnthnal eAwrency ofthe Lawity io Tht truste88 have a88ES8od whether lh8 u&e Ollhe going e•ncem ba%8 i& aFvwats h•v¢ Gw•dtt¢d possble events or afidhODns Ihat cirtwgnc1fi1 d¢tht oh the abfity ofthe tharitytts CLtiNe 86 a going c•ncem. The IILlStees have madethi6 198essment for 4 pwiod of at le4gt cffle yew from the date of •MYoval of the finrial stattmtnts. ln pWb"1ar the trjjstees have considered Iho thartty8 fwecasts and projeth.thx aTrd Ihe •bwated Impad ofcwd 19. The dted ¥ome and expendre are Bufflrlwl, 1h Iht level ofreseNe4 fty Iht thlty to be able t• ¢ontiwe a& è cancern. {b> Incofvthg r¢tovrces Gr4nt publtiOnS irK•rne weremgriwd SOFAt4w•the th• vome. tt IB eertaln Ihatth• resouie• b• received. and the res(1 can b• iih rea50nablt a¢wr•ry. lthere ehlllemwllo reqJre6 è sper¥ficpUftym(¢ to b¢ adueved fi.e. performan W8frtl then kncomkng reS(YJfS are recoonistd ty10 Ihe exttthal Ihe PErfoMance has tsken plaGÈ. VthÉYe rnonies are re¢Ved in othgnce of •hdYnehtlhey ¥• defwmd and tyJtrncoythed the •t •thmehttDth Ihrom8 h86 teken a¢a. bp$ and è¥erts actnd ltsr kn tht Yt0 hich Ihvjt awy. &bstion knm•that relates lo a sub5equ¢nt nafir1 •¢¢ounkng period ed fobw¥d as O b&•K¢ thet •nd 6hts rectr¥ed in a¢fvonce. Idl OIItsISwth In Klnd Goods •nd sep4ke donated #bthe 5tsten rethdth¢ ve dastses wthded to Sthdars by the aasid In6tr1ute. Amntan. a6 wdl a6 Ihe vabje oflown to ow llwaiies Ih Ajnman •d JeNsalem. These ¥t ihthded the Ststement ofFknantial AvIleS a8 ineame and astsouated exthre there therv 15 4 demortrable finrA•1 ¥1 borne by the donor the ¢JJrnertTAhJelo the be rne•wr•d. No re¢•wa8td wler•lhwe i& r60 fm811 co8t be by a third pty. Al eywen¢lkwa Ki acwjrted for on 8n aecnwls b•iii. Grants payable are charged in th• ye•rtotAthi¢h the ofter relatss except in IhoJe uses vthere the offer conthknal, suth qronts belhg recosed K expendhure Ihe all•thng it¢ fillled. Gr•ts 0ller¢4 wbleLW ¢MdJbon6 havÈ not been met at the year 8nd ar? noted as a tr4Ji not acuued as expenthe. pport cmts arn allocatsd on th¢ I)1 of it•ff i. Alo¢•"•n ofother tosts inthdes * elerbnt offftiduemonl and the h•$ hod lo ¢4h$lthrth? co6t ofdelaled ¢al)Jaticth6 and re¢tyd keephg. Thereftye th¢ swct G¢Gts ÈhoTr are a best 66ts.male olthe costs thath8ve been $0 8locaied. Gosts Inde the expertses atssouated •lh ComTrwttee of mageMent rrvèetin9S. Commrttee external Otrate review. and oth¥ trrt¢ry requirements.
Etwek•E LO.. AC754DZ2-78EC463&E9A76C127Fs¢ rvrt iian RESEARCH IN THE LEVANT NOTES TO The FNANaAL STAIEMENTS YEAR ENDED 31 MARCH 2021 DepreGMion ¢h ¥thefKry rat8& Motor vehides Crmnwtefand ouwrt Furnitwe, fixture5 and f41iryB 191 PubMc•lboM¥ &rMDMb 11N p-¥ nba Ihl Stoc0 111 Forelgn curnrKI ljl T•xaiir The 15 a drtyitMn the mtanry of Para 1 SchedLde 6 FiThartt 2010. Accrythngty, the wrryarylts polenliaty e¥erytfrornIa¥ati clinrne ittn calwes CWT 3 of P¥1 11 rflht arose in Ihe per1 ¢v¢r the lee 111 acnting Aewfd fvnds t41¥rys c4 h¥bJ bE ap#¢dlor$wrllc They a av•ilatlÈ far ofth¢ trte kniwth¢tv ¢ltt +¥1 awthesofthe th¥ty. tWU61ee-admintered fuThJ. beCat olthe nthre ofthe 8(th, the are not attit)Lrtedto indthjual in5titubcffj5 and a 5therne-Je ccrttrAJtron rate seL The istherelwe expxdto actuari a$&D[l wth other institutiti. etr¢4oyee5 unle to bjenbfy rf5 Share o1th8 thd"r asset8 and fiatilits"e6 ofthe Echeme a ccfi8i8tent seale t. As wuired ty SecioTr 28 of FRS 102'EmFloyee t¢nefft8". the in5trtuliM therefore acwjnts trxthe scherne a5 Ifrt re a defined c•rtnt¥fip)n 6thrK. ts 4 res Ihe annI thorged to the profft and1066 axr4rtYeryexrtsthe payaile tothetsthtynè. &Thctrthe rfitUDOTr ha8 enterté into an agreement Ilhe Recovery Plar51lhat deteTrnnies htrw ernFloyerith Ihe sthemeviilfuTrYthe ¢Jwall defiot, the Insti)Jbcffj reccgr•Bts a luifty forthe tritr6 payat4e bw aw from Ihe Teeml{lothe ¢ytenlthal they relate lo the de11) ilh related expe5 recooriwSthrclhe Ffofft k¢5 rEquired by local law. C8RL p3y8 erwtyer coTrtribjtics a6 r•wwed tSe8Ceme& Adthlxinal rs m•0 for unNndtrl and Caatio n Iw¢d ofthte effyees covered relv4ant 8chemes, %4there requved by loG41•. Inl H•rltage As•8ts Th• C8RL library * (htr¢11 antt8uw1ficry¢¢thQ IB a key rewJrc• for ¢onthtrJts'cffj to kno and fAkn.
OoGu&4n Envelope 10: AC75402>78EC463WESB9A76C127F54 . I RESEARCH Pl THE LEVA14T NOTES TO The FINANCIAL STAIEIIENTS YEAR ENDED31 IAARCH 2021 I AE¢nthw Both tq¥nthgsofh¢ fit¢•ry Ws4rrfy J tr• Thu oftho C8RL the Bt#Jth Sa41•JIyIn Jwuskn in 1919. tho W5esraUhW PalV5fj Ex¥4¥Jb"uh (ne4 Ifoj sh0ètnlix of The orcovartrg 201Wt9 2017118 2ty1VJ17 4llS ¢hat•daro o¥•r£1.CIIOhi wh. AÈ•ttotho tharity natsx• ar dthvioi crknn •wJ In adthh WBMfi(Tht IPJ Ml¢0m• 4i•i•J 47J$4 1.723 47.854 9,fyJD 116
DotyJ8lw ErMIDP• ID.. AC754022-7eEC-463£&B9A?6C127FS4 C¢)UNCL FOR BRMSH RESEARCH W4 THE LEVANT MOTe$ TO The FIMANCIAL SYATEIAENTS YEAR ENOED 31 MARCH 2021 INotr3 fr)) fNo4bl) T•tsi ExdIre O Ml¥lng fwds GMnt4Tr•id aThYfiJnthaKi 14124 17•.SJ4 to.1 t&lJ7 Jf.$42 317 111 bl T• 20 Fuhds IT 1.7 17.410 171,J44 11771 t.71J •J46 Eqwlpmnt •12 114 1Lll67¥ 1413 11249 1413 1•9.713 19,$17 10.1 65.X)I 10. 21.785 IIN745 nry 387>3 dl Totsi 11&523 25.512 4$37 &S37 1M7 19.24? 168.617 303 $40 Jrp¥thè yw 12111.. pfU7JA¢3)3).-£34L
ID.. AC754D2>71EC463WBEWA76C127F54 COUNCIL FOR BRITI RESEARCH W THE LEVANT NOTES TO IHE FINANCIAL STATEMENTS YEAR ENDEO 31 WIRCH 2021 S41•lB¥ 319.4$8 16.801 15.7g6 74115 19.2B5 399,255 17.144 26m .917 4erea5EnWvJThenttr rerroJnuats4n 0fJKnth£Go.l. Atwrrinqkon Ptrltr. £20,070) Jd•din th• Th¢ nuriw lllp¥ wry4oytrJW¥tr•th9th•Jww•¥ 141202ty.14 m•i•o¥n¥it thwgB rfJre¢ino Ihp 4nd IhoLvty • to&4y bmis reThwJn•rakn p•dtDthese 1?JaI5 anKO¢0£123,173 (%)20" e140,672k Al AsQtIW2Tr20 Adthl" 1&904 11.71• 41617 7JS4 èt 31 IAth 3Q21 27.164 21,711 2,87 As at I W. 2D20 Chtrgel¢Jrlhèy• 7ffj• 1.7Z3 ABat3111 2021 ?t,711 .694 A8 8t 1 Aprfl Y)20 As•t31 ¥21 13 2,626 1060 2,646 19.427 4•>4 21.315 107.553 s•.siz er¢¥edors Accru* U520 74,518 20,657 117.605 1Sg.S02
Oo¢uSion Envdop• ID.. AC7s4022-78E¢463EE9A7Gcl27FSI •vu i ith RESEARCH IN THE LEVANT NOTES TO THE MPNCIAL STATEMENTS YE ENDHI 31 ¥AcH 2021 17.972 (20.3671 118.1731 Re8$ to in¢•mekn y Deltrred In ye8T Carrfed fry7nl 20657 In 2020121 the deferr COle CCfflFqisesthe FwewrtB rnade in 2021 thal w¥¢r Ihe Fernd 2021 to Mth 20r2 in rwe¢t ol membernfiipSWO1?a2O." £7.127L The k¥iQT cle dpleffed wd8 of £11,730 aTrJ wtrth'GatrS of£1,W). p151rS U&spon Gthomo defi¢lt 70,347 12,408 2.755 SBe n&e 13ftyfunhrirfcMalon Fund movemeirtA )1 JI 2021 A¢adaNry 8IAI Grart Jwu4ahm Exu¥aon Puldicalon5 Anuwrt JBIUSOrn Pr4xt 1.159 7&340 437 Jo.gs7 Britith Ac•demy Strateg"cDv4elwert Fund Mamlusqlllwn•nTprq•d onu wtli¢altffj woJ•d Trqvel grwrtfund KnY Jn 13.1 -19, 1.740 11 154.354 110MJ8 221.e6B JY.178 Di86ertab¢n 8theme d¢a•lkn M8pFlng Clgtsl Hentap Jonj Our P( FubJr• am t¢gth1 if• Fjwwi NatrrtTdn Project Archae010 In Fv Talr Trust DNban 9.678 13.C¢7 14.1 39,602 11104 7.1 11.7•) -117 4.653 31.437 Tot41 reslrfd•dfftJnds 31733b 114251 .10.rn W289 Dtsl4nated d•ntJenMal¥n Fut1¢an Fundra0 C•nt•nary Fund W•Fit• irnpro¥nents 4721 4,ni 7.IOB -7.10 Kenyon In6mtekndrylwngwFWt Eoltor ¢ontsib To141 de¥lW41 fvhd¥ 700 Generntfunds 2Min 14674 IM117 W407 11$
DosigTh Én¥dty¢ D.. Ac754D22-79EC463wBE9A76¢127FSI COUNCIL FOR BRMSH RESEARCH IN THE LEVANT NOTES TO THE FINANCIAL STATEMENTS YEAR ENCIED 31 IIARCH 2021 201fy20 fiwr06 lor frJhdB 31 Mw¢h 20 2019 Re¥trlct¢d fvnds Biibsh Atadffjf Qrw JeNMlom Ex¢a¥alon Put4i¢"r ndent JerU•¢M PrcKd Brfb6h kndwny Incethatith Gr BribBh A¢4domyknan¢o¢ Longuag• Tr•i%ry Brfb"Ih Academy Stratqg'c DÈvedotyntnt Fund anti10 S¢llthent S11 ,337 34,668 5.596 55,640 6.763 21.277 1.553 1.740 6,074 55.640 47B 1.781 10.606 20.485 lJ15 1.740 Ihtsnu wt11ti woJ•rt Travel granlfund Keny In5tity10 btrary FuThl Kenyvn In6btlth Llbmpan Grnrt 8uwn¢66 O•vdwMent Fund Di¥ertaTion PTh2• Stheme Danatr CLthral Pr¢i¢tion Fun4 cul Con61knTr ol P8ac• aPF4ng fxgtal Herita in Jordan Pa. Our FUr0 altoythwlfi Faytwi Pèorle and &'rdB Nah1 )jeLb 16.1100 t54.354 17.29 106,958 63.442 110,038 500 31.542 62,551 19.045 1.174 6200 31,942 42,028 7.158 11.887 6.2L) Totsl r8l¢l•d(unds 206.330 87S.652 764.746 317,236 Den4ted lund$ jo41fM 941•6 Funthawng C•ntsnary Fund W•tit• irnprrp••rn•nty 4.ni 4,520 7.109 858 6.000 7,000 2.SOO 32,709 7.109 and ww•nm• 7.000 2,500 32.70B Edlor ccn1ritrban G•Mmlfrttr 1J3.783 108.716 254,173 422,821 984,268 803,Dn 604.117 Th• bntshkndry monty tyarthl ty Brftsh athmytO 6F4ufi¢4tywFpyl 1•Wr and cowryatyon. rairnmurdGalaM tthoath, ¢eA• ¢tstatlièl•wm crAt& It indud•B amouFrtsfrDmth8 mary and Girfjryenry granls. Thoqr•ffl YA647fthd ro knDp' Sorw Sd•nce A¢srth sy.
OoGu&w Envelopv ID.. AC754O22.78EC463UBE>A76C127F54 .4 RESEARCH IN THE LErfANT NOTFA TOTHÈ FWIAFICIALVTEMeNT8 To¢ f7 711, 44%•Y 317) 377.132 11Q14a) 11q14Z> 142.7S 142. 9x117 317 27
DovJSigrt En¥tlwe ITr. AC75¢D22-78EC4638-ABE>8gA78C127F54 ••VUiYK•lL rvr4 i ian RESEARCH IN THE LEVANT NOTES TO ThE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 The c0cl hadlhe fthlowing qnnual leo8e8 fLYthe Wbd bAdng• ex. 21 Wlthin y¢4r 47.11• 49297 12 fte14frd partytranudlon¥ Two trustees oftht thaiity recefved a researth alOrn the thwlty thrkng the yeèT (2020: The rity CommMioTh has gATen 8¢•1 thètgrwts rntybe ttw•rded tolntslEtt VONtded th. at no timt more one thlfd oflhe membus oltht beneft.. atno time thal the •rwI tthl of wan rnatje to Membe olthe Committtit Èxceed rwe bhan one wlew of Ihe aThTbugllolal •yptnrhJrt', a mvmber ofthe Cornmth2 thal Iwthdraw from any meekng &thiS wher awlEaiiun fw 8Th award of •hl 16 rf16¢U86ed. This consent yve li10 • Ihe •nd apyov•l wai gained forlhb th•fio¢ at 4n EGM. Th8 organ(th pl¥pate•ln Iho UiY4¥Eikn S¢heff OJSSI, a d¢lned dethed benefit sieme Thlwth is contra¢t•d ofthe Se¢wd Pen6ion IS2P). USS lymth in defliil and al Ihe year-end CBRL ad enter• into w aoeernentto partiuptite in a reGo¥ery plan to fedut• the defidL A ¥ablThty 01£62.83112020.' £70.3471 ha6 been reGwed¥•lh 8 redu¢ti¢ffi Ofper0 co6t8 01£7.054 (2020.. £19,618 decrease) and an wrter8s1 dwge a1£2222 (2020: f2,194). caOn$ kn th¢ y¢ar totdled£26,SB212020.. £34.167). The latest a¥allable cnFle a(arfal ofthe Rarwnevrt knGome er IB at 31 M•r( 2018 (e vafuo¥on datal, thl( wa6 tathed (rt uthg the WDJeGted method. Avthalan •6 at 31 M•rth 202D is underw•y but nYet cumF4¢te. sfjn the kn8bon cannot idents.fy sh¥• ol US5 RElrerwl IdthEd benefftl qssets 4nd li0¥¢8. the lolloing r¢fi¢¢tthose relevforoBfr assets 4nd¥aL¥bbe6 88 8 thr4e. The 2018valuatron w8& Ihe firth vatu•tion fty the under Ihe $thernP•dffic fun¢thng Feu¥me Introduced by the Penslans Ad 2004. reryures sthemes to 4dt•t a stabjtryy fijfith.ng oblectst, to hav¢ 6uffluent and apprwale 868tts to co¥erthe4rtethThcal yowdon8. Nlthe d&ts. the ¥4¢ olthe 88S8ts ofthe 6theme wa& £63.7 btslion and the ofthe s¢hEm¢'$ te¢knlGal Prov£¥1$ £67.3 biifion inacalwig a 8hortlaN of£3.6 a kning ralio of95%. The key kna81 a88uJr•fjons u6ed in thè 2018 ¥e d¢ed b. doial el Iyrtwi the Statement of Funthng Pthtw. Pthslon I1886t¥ {CPII Te depUent kne ith lh¢ ¢knTr¢¢ beten Ihe Fl¥e Inlerest •d Index Linked wdd wrv•s. 1•66 1.3% pa. Y•wB 1-10.. CPI + 0.14% re(9 h"n•arfyts CPI-0.73% Year6 1 IQO: CPI * 2.52% lvieortito GH + 1.SSX by year 21 Years 21 +: CPI * 1.55% The maln demogr8rtAc asstsmmion used reJote5 to Ihe fnortaNyaSsw. Thtse 8nn$ a based on anal&$ of the stheft's expeibenr£ caThied out as part of the 201B aLuarial valuallon. The rtalitY ASSUMpn$ used in th858 a5 folw.. Ftrretrem•nt. 71% olAPICOO O) ms 11Z% ofhFCOO lthration 01 for femk PosFfetremtnt. 97ffj% of&•PS S1NIAI IDr malts 8nd 102.7% RFVOO lur lem•le8 Mtylalty base tsbte CPAL20177•Ah a 8m00th9 0183 and a Iwtenn InvoveIl91t of 1.8% pa fty mdes and 1.8% pa lorfems The tteIlle •xp•dandeB rétr¢nwt•t au¢ fs are: 201 Moles aged 65 (year81 Females ryJThenty apd 65 fyearsl Males Cktsrenty oged 45 lyewsl F•mdes apd 45 lyeaTBI 24.4 25 26J 27.7 24.6 26.1
OorJJSgn Emieknpt ID.. AC754D2&7aEC463UBE9A70c127F51 COUNCIL FOR BRITISH RESEARCH IN THE LEVANT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 13 Pen•ion cammilments (conllnuedl A new deficit recovery ptan was w) pl as wt of the 2018 va•11¢. vknic) requires payment of 2% of salaries over the pen'od 1 O¢Xcthr 2019 to 30 Septembw 2021 at vthith point the rale will increase lo 6%. The 2020 deficit recovery liabilty refieds this The liabty figures have be woduced using the folkming a83Lwnptions'. Dicount rate Pension)ly salary grryth 2.50% Various 2.50% Various Over p•n8k•n movemert 202 As at 1 April 2020 Severance pay Pension charga for Ihe ypar 12.408 (4751 10,325 22,258 23.412 {18.29)} 7.286 12.408