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 y￿r 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 n￿￿1£
Details
B2 Other monetary assets
750
Fimdtt+wN¢h
Detall$
Currpnt vak40
83 I￿v￿l￿ont a88•ts
Detalls
Fund to which
C••tlopllono
eurrontvalu•
84 A580ts retalned for th¢
charlty's own use
Details
towhlch
Amount du•
W￿n due
onal
86 Llabllltl69
Sydned by one or truSt￿S 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 examIne￿S
report on the accounts
Sectioii A
Iiidepeiident Examiner's Roport
Report to the trustaesl
mombors of
On accouits for the year
ended
S()SI￿SS 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 a￿Unts 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