CHARITY COMMISSION FOR ENGLAND ANO WALES Ihlks Receipts and payments accounts CC16a For thè perlod To Section A Receipts and payments Unrestrict¢d funds Restrlctsd fund¥ Endowmènt funds Total fund$ Lasty• th• I¢•t nMr••t£ tr) tho Marn•t£ tothè Sub total(GK)ss incom0 for AR) SS43 SS(t3b . S2+S A2 As•et and inve•lment salos, laee t•lJle). 21 2133&S LS Sub totsl 2b8801 . A3Pa Sub total A4 A$8et and Inv•slment purchases, Is•è tsble Z13 Sub total 21 Net of rnc•lpW(p•yments) A5 TraMf•rn between lund8 A6 Ca¥h furbds last yr end C&sh funds this CCXX R1 actounts ISSI 191Cfj120Z3
Section B Statement of assets and liabilities at the end of the period Unre8tricted funds Re8trleted funds to n•aro8t£ Endowment lunds to nparost£ Categor+es Det3.'Is to rwar95t£ 81 Cash funds Total cash funds *<wrt(Jll OK - VES Unrestrlct•d funds to rwFe6t£ RostrScted fund8 to nvr•Btt Endowment hbnds to n1£ Details B2 Other monetary assets 750 Fimdtt+wN¢h Detall$ Currpnt vak40 83 Ivlont a88•ts Detalls Fund to which C••tlopllono eurrontvalu• 84 A580ts retalned for th¢ charlty's own use Details towhlch Amount du• Wn due onal 86 Llabllltl69 Sydned by one or truStS on b8haWof al the trustees Signature Pront Naw Date of roval 141 ?512uL CCXX P2 acryJ14nts ISSI 191CV2023
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examIneS report on the accounts Sectioii A Iiidepeiident Examiner's Roport Report to the trustaesl mombors of On accouits for the year ended S()SISS Clu i£RPRI£ HERI I AC7E I £u)ST S APOL 20 Charity no (if any) Ik£ Set out on pag88 1084GIo I report to the trustees on my 6xamin8tion of the accounts of the above charty (Ihe Trust.) for the y88r ended Respon8ibilitie8 and As the charity trustees of the Trust, you are responsible for the preparatton bas18 of report of thè accounts in accordance with the requirements of the Charities Act 2011 (Ihe Acr}. I r6POrt in respect of my examlnation of the Trust's accounts carrr8d out under secllon 145 of the 2011 Act and in carrying out my examinallon, I have foifowed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examlnatlon. I confirm that no m8t6rial matters have come to my attention the examination which gives me cause in connection with respeGt.' o believe that in, any material accountlng records were not kept in accordance wtth section 130 of the Act or the aUnts do not accord with the accounting records I have no concerns and have come across no other matters in conhection wrth the examination to which attention should be drawn In order to enable a proper understanding of the accounts to be reachèd. ' Pl&a8e delete th8 word8 in the brackets rfth8y do not apply. Independent examlner's Statement SSgned.. Date." Name.. oHfvJ bhVISS R•lovant prof•sslonal qualKlcatlon(s) or body (If any): Address: K)[ HI IER
Section B Disclosure Only compl8t8 rf the examiner needs to highlight matters of concem (see CC32. Independent examination of charity accounts.. directions and gUIdan for examiners). Glve horo briof detalls of any items that the examlnerwlshes to disclose. IER
Chairman’s report to the BEHT trustees, 2023
The year has been characterised by two major donations of academic libraries.
The first is from our Trustee Peter Buckley. It includes 1200 books, which have been sorted and shelved. The books span a variety of economics subjects but with a strong emphasis on international business.
The second donation is the library of Professor Denis O’Brien of Durham University. Our trustee John Creedy kindly mediated this gift, which was made by Julia, Denis’s widow. It consists of about 400 books, mainly on the history of economic thought, supplemented by some books on business economics. Julia is hoping to visit the library early next year.
We have received other donations too, including an important collection on the history of Oxford. Most of the books came from two well-known series of records and academic monographs, of which the Trust already has significant but incomplete holdings. As a result of the donation our holdings are now almost complete.
Last year there was considerable expense on internet purchases, but this year there is almost none. The books we purchased at that time were almost all ‘one off’ opportunistic purchases and no new copies of these books, or others like them, seem to have appeared since then. The lowest prices at which most of the books are now listed (if they are listed at all) are up to ten times the prices which we paid.
The number of visitors to the library this year was a modest increase on the year before. All the visitors were researchers, who said that they benefitted from their visit. Most visitors turn up with a mobile phone and take hundreds of photographs of pages in their selected books. As a consequence, many visits are now ‘one offs’, with people returning, if at all, only after a considerable lapse of time.
Progress with the cataloguing continues. We have not yet placed a contract for the revision and updating of the web-site because we still need to resolve the technical details of how the website and the catalogue will interact. Once the first segment of the catalogue is uploaded we can trial the system as a whole.
The Chairman and The Treasurer attended the Oxford Book Fair and discussed the repair of old books with a highly reputable local bookbinder. The Trust holds a number of valuable antiquarian books in a poor state of repair, and the question arises as to whether they should be repaired, and if so, to what condition they should be restored. The bookbinder has offered to make a free visit to the library with a view to preparing some quotations.
Appendix B
BEHT Chairman’s report 2022
This year has seen further development of the book collection and a steady increase in the number of visits made for research purposes. Generous gifts of specialist books and periodicals have been received from Peter Buckley, Brian Turner, Jenny Corbet, Andrew Schuller, Teresa da Silva Lopes and Norman Gemmell (with intermediation by John Creedy). The chairman identified a large collection of scarce modern economics classics offered by a couple of internet general book-dealers, who were selling hardback books de-accessioned by leading university libraries, including Bristol, Durham,
Manchester and Oxford (Social Sciences Library) at an average price of £3.50 each including postage. This has enabled the Trust to complete a number of sets of collected works by distinguished researchers and to fill the remaining gaps in a number of collections on specialist topics.
More than 5,000 books have now been catalogued; it is hoped to put them online next year. Cataloguing is planned to continue at the same rate in future. The books in the larger subject collections have been sorted into subsections; e.g. local business histories are now classified by town as well as county, books on the history of the textile industry are classified into cottons, woollens, lace, etc., and so on. More detailed classifications will make the catalogue more useful.
The online catalogue will be an important component of the website. The need to upgrade the website has been discussed before and a potential consultant has been identified.
Inflation is a potential problem for the Trust, but not as great a problem as it is for many other organisations. The two units are well insulated and the background heating is not, as yet, a major expense. However the cost of routine inspections of the security systems and the fire alarms may increase in future. There is no reason to anticipate any reduction in the flow of regular annual donations, however.
The Chairman has prepared a review of acquisitions policy for the Trustees. The nature of the book trade, through which a significant proportion of books are obtained, has changed considerably in recent years, but many of these changes have been to the benefit of the Trust, making second-hand books cheaper (in real terms) than before. The review recommends that existing acquisitions policies should be maintained, as they provide the most suitable means of fulfilling the objectives of the