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2024-06-30-accounts

Trustees' Annual Re ort for the eriod p p

Period start date Period end date From 1 July 2023 To 30 June 2024

Section A Reference and administration details

Charity name The Amarna Trust Other names charity is known by Registered charity number (if any) 1161292 Charity's principal address Newton Hall Town Street Newton, Cambridge Postcode CB22 7ZE

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
Trustee name Office (if any) Dates acted if not for whole
year
Charity trustee at year-end
Dr Helen Fenwick HonoraryChair Yes
Mr Paul Docherty HonorarySecretary Yes
Ms Susan Kelly Honorary Treasurer Appointed trustee and
treasurer 1 March 2024.
Yes
Dr Andrew
Bednarski
Honorary Junior
Treasurer
Trustee for the whole
year. Treasurer from 1
July 2023 to 29 February
2024.
Yes
Dr Anna Garnett Yes
Dr Pamela Rose Yes
Dr Margaret Serpico Appointed trustee 1
January2024.
Yes
Dr Judith Shirley Appointed trustee 1 July
2024.
No (appointed after year-end,
butprior to filingthis TAR)

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

1

30 June 2024

TAR – The Amarna Trust

Section B Structure, governance and management

Description of the charity’s trusts

The Trust is governed by a Constitution dated 23 February 2015.

Type of governing document

The Trust is registered with the Charity Commission as a Charitable Incorporated Organisation, CIO, with the registered charity number 1161292.

How the charity is constituted

Trustees are appointed in accordance with Articles 9 and 10 of the Constitution. New trustees are recommended based on the role to be filled and their expertise. They are then officially appointed by a vote of the existing trustees, at the next meeting of the charity trustees.

Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Trustee induction and employees:

Related parties:

2

30 June 2024

TAR – The Amarna Trust

Major risks:

Section C Objectives and activities

The Amarna Trust exists to raise funds and provide financial support for archaeological fieldwork and research relating to the ancient site of Tell elAmarna in middle Egypt.

Summary of the objects of the charity set out in its governing document

The Amarna Trust exists to raise funds and provide financial support for
archaeological fieldwork and research relating to the ancient site of Tell el-
Amarna in middle Egypt.
The Amarna Trust exists to raise funds and provide financial support for
archaeological fieldwork and research relating to the ancient site of Tell el-
Amarna in middle Egypt.
The charity’s objectives are: To advance public education and to promote the
conservation, protection and improvement of the ancient city of Tell el-Amarna,
Egypt and the surrounding area for the benefit of the public in particular, but
not exclusively, by:
i. Creating a permanent facility for study (the research base – The
ii.
iii.
Amarna Centre);
Supporting field research (and publishing useful results of such
research);
Promoting training in archaeological field skills;
iv. Providing, and assisting in the provision of, lectures and publications in
furtherance of the stated objects;
v. Developing displays and exhibitions at a site museum for the benefit of
the public and an educational outreach programme for the benefit of
pupils at schools; and
vi. Working in partnership with the Egyptian Ministry of Tourism and
Antiquities (MoTA), to maintain the ancient city for the benefit of the
public.

3

30 June 2024

TAR – The Amarna Trust

During the year, the charity undertook the following activities in furtherance of its public benefit.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The trustees confirm that they have complied with their duty under the Charities Act to ensure the charity provides public benefit. They have considered the public benefit guidance published by the Charity Commission and believe that they have followed its guidance in this area.

Additional details of objectives and activities (Optional information)

Policy on grantmaking:

You may choose to include further statements, where relevant, about:

Contribution of volunteers:

The work of the Trust is entirely carried out by volunteers and the volunteer trustees. We are extremely grateful to everyone involved in the charity, without whom the work would quickly grind to a halt.

30 June 2024

TAR – The Amarna Trust

4

Section D Achievements and performance

Summary of the main achievements of the charity during the year

This was a year of two halves – a busy and fruitful autumn season and a disappointing spring season. The required permits for fieldwork at Amarna were available for 2023 but were not received in time for any onsite work in 2024.

The Trust is grateful for the continued assistance and co-operation of the Egyptian Ministry of Tourism and Antiquities and the police of el-Minia province whose responsibility it is to ensure the safety and security of all foreign missions. Because of significant increases in funding and slightly lower expenditure than expected, the overall results for the year were positive. Total receipts were £45,338 for the year, of which 28.5% was unrestricted and 71.5% restricted (2023 - £32,766 total receipts, 39.6% unrestricted). The variation between unrestricted and restricted funds depends significantly on the particular year, on whether unrestricted fundraising events have taken place and on the success of restricted funding applications to grant-making bodies.

Payments were consistent with 2023 – in each year the Trust supported a single excavation season. Total payments for 2024 were £38,305 (restricted £30,045 and unrestricted £8,260) compared to £41,788 in 2023.

Net receipts for the year were £7,033 versus net payments of £9,022 in 2023. The current year positive result is the outcome of receiving funds in the current year, to be expended on future projects. At 30 June 2024, the Trust had cash funds available of £47,532, of which £20,673 was unrestricted (and included a £10,000 emergency reserve approved by the trustees). The programme of work for the year aligned with the charity’s objectives: Maintaining a permanent facility for study: at the research office in Cairo, Egypt, the Trust provided financial support for office rent and other office costs. In 2024, the trust provided grants from unrestricted funds of £1,870 (2023 - £4,500).

Supporting field research:

a. The Great Aten Temple: grants of £18,230 (2023 - £20,692), including £15,627 from restricted funds, were provided to a grant applicant / related party. These funds supported one research and excavation season, in fall 2023. Excavations were carried out in the central offering court and at the back of the temple. Researchers studied materials from prior seasons, including the stone fragments. The project to mark out the main outlines of the temple in modern stonework continued. This will help visitors to better understand the scale and layout of the temple, as well as guarding against encroachment from a modern cemetery located just to the north.

b. Non-elite cemeteries: grants of £4,557 (2023 - £13,935) were awarded to support ongoing research and publication work following excavations at multiple non-elite cemeteries across the ancient city.

c. During the year, visiting academics joined various excavation and research teams at Amarna to work on scholarly projects.

d. A new restricted fund was launched in support of future excavations at an elite housing-workshop complex. £16,052 has been raised to date. Work is expected to begin in 2025-2026.

Lectures, publications and local outreach:

a. Current year expenditure included £9,422 awarded for the publication of “ Statuary from Royal Buildings at Amarna ” by Kristin Thompson and Marsha Hill. These funds had been held in reserve for several years and the Trust was immensely pleased to see the culmination of a significant effort by the authors.

30 June 2024

TAR – The Amarna Trust

5

Section D Achievements and erformance p

b. A £1,106 grant was awarded for upgrades at the Amarna Visitor Centre, ensuring the viability of this space for engaging local audiences, including school groups, and raising awareness of the site.

c. Professor Barry Kemp, trustee and grant recipient, and Dr Anna Stevens, grant recipient, gave many online lectures during the year to members of the public, as well as providing guided tours of Amarna to interested groups.

d. The charity contributed £903 (2023 - £298) to the printing and publication of the Horizon newsletter, available online at www.amarnaproject.com.

e. The web site www.amarnatrust.com was maintained and updated.

Maintaining the ancient city: the Trust continues to contribute to grant recipients who oversee activity at the site of Amarna and support local antiquities inspectors. Those inspectors actively monitor areas of possible encroachment and assist in the repair and maintenance of the site for tourism purposes throughout the year.

In total, the charity provided grants of £35,185 in 2024 (2023 - £39,990).

Section E Financial review

Brief statement of the charity’s The policy of the Amarna Trust is that all funds raised will be spent on its policy on reserves charitable objectives, with no significant reserves. Since the work of the grant applicants takes place at specific times of year, the trustees calculate levels of funding raised during the previous period and available to spend, and tailor grantmaking accordingly.

The trustees hold a balance of £10,000 unrestricted funds as a reserve to cover unexpected contingencies and risks, especially as it relates to the Egyptian fieldwork of our grant recipients. The adequacy of this reserve is reconsidered on a regular basis. This reserve was maintained throughout the current and previous financial years.

Details of any funds materially There were no funds materially in deficit during the year. in deficit

6

30 June 2024

TAR – The Amarna Trust

Further financial review details (Optional information)

Section F Other optional information

In May 2024, the Trust was profoundly saddened to report the death of Professor Barry Kemp, a former trustee, friend and mentor. Barry spent his life dedicated to the study of Amarna and ancient Egypt. He left behind a legacy that will endure through his scholarly work, his family, his friendships and the many students he mentored and encouraged.

The Trust will continue to support work at Amarna, through financial grants for ongoing projects and new endeavours. Our priority is expanding scholarship and understanding, while also ensuring the protection of this ancient city.

Please see the attached Accounts and Notes to the Accounts for the year ended 30 June 2024.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) signed: " H. Fenwick " signed: " S. Kelly " Full name(s) Dr. Helen Fenwick Susan Kelly Position (eg Secretary, Chair, Honorary Treasurer etc)[Honorary Chair ] Date 22.Feb.2025

30 June 2024

TAR – The Amarna Trust

7

Section A: Receipts and payments
Period end date
01.Jul.2023
30.Jun.2024
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
~~—___~~
Section A: Receipts and payments
Period end date
01.Jul.2023
30.Jun.2024
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
~~—___~~
Section A: Receipts and payments
Period end date
01.Jul.2023
30.Jun.2024
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
~~—___~~
Section A: Receipts and payments
Period end date
01.Jul.2023
30.Jun.2024
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
~~—___~~
Unrestricted
funds
Restricted funds
Endowment
funds
Endowment Total funds
Last year
to the nearest £
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
-
-
-
-
-
Donations
12'359
9'375
-
21'734
25'558
Grants
-
23'030
-
23'030
6'493
Gift Aid
574
-
-
574
715
Interest and miscellaneous receipts
-
-
-
-
-
-
-
-
Sub total(Gross income for AR)12'933
32'405
-
45'338
32'766
A2 Asset and investment sales, (see
table).
None
-
-
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total receipts 12'933
32'405
-
45'338
32'766
~~===~~
~~==~~
~~===—~~
A3 Payments
Website 840
-
-
- 840
-
Costs of fundraising- Horizon 903
-
-
- 903
298
Costs of fundraising- Other -
-
-
- -
102
Insurance 597
-
-
- 597
597
Software and equipment -
-
-
- -
-
Bank interest and other charges 780
-
-
- 780
801
Grants paid - Fieldwork, research,
publication and travel
3'270
30'045
-
- 33'315
35'490
Grantspaid - Amarna Project Cairo 1'870
-
-
- 1'870
4'500
-
-
- -
-
**Sub total ** 8'260
30'045
-
- 38'305
41'788
A4 Asset and investment purchases,
(see table)
None
-
-
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total payments 8'260
30'045
-
38'305
41'788
Net of receipts/(payments)
4'673
2'360
-
7'033
- 9'022
A5 Transfers between funds
-
- -
-
-
A6 Cash funds last year end
16'000
24'499
-
40'499
49'521
Cash funds this year end
20'673
26'859
- 47'532
40'499
~~== ——~~
~~===>=~~

TAR - The Amarna Trust

30 June 2024

Section B: Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on behalf
of all the trustees
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
Details
Bank balance - NatWest Bank
Total cash funds
Details
None
Details
None
Details
Details
None
Website hosting invoices
No other invoices paid in FY2025
relatingto FY2024
Signature
signed: "S. Kelly"
signed: "H. Fenwick"
Unrestricted
funds
Restricted funds
to nearest £
to nearest £
20'673
26'859
-
-
20'673
26'859
Unrestricted
funds
Restricted funds
to nearest £
to nearest £
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
Fund to which asset
belongs
Cost (optional)
-
-
Fund to which
liability relates
Amount due
(optional)
Unrestricted
942
-
Print Name
Susan Kelly, Honorary Treasurer
Dr. Helen Fenwick, Honorary Chair
Endowment
funds
to nearest £
-
-
-
Endowment
funds
to nearest £
-
-
Current value
(optional)
-
-
Current value
(optional)
-
-
When due
(optional)
04.Nov.2024
Date of approval
signed: "S. Kelly" Susan Kelly, Honorary Treasurer 22.Feb.2025
signed: "H. Fenwick" Dr. Helen Fenwick, Honorary Chair 22.Feb.2025

TAR - The Amarna Trust

30 June 2024

Section C: Notes to the Accounts

1. Required disclosure for Charitable Incorporated Organisations:

Particulars of any guarantee given by the CIO: Particulars of any debt outstanding at the date of the statement of assets and liabilities:

The Amarna Trust has not provided any guarantees in 2024 and there are no potential guarantee liabilities at 30 June 2024. The Amarna Trust did not have any debt outstanding or any other liabilities at 30 June 2024.

2. Basis of Preparation of Accounts

The trustees of the Amarna Trust elected to prepare receipts and payments accounts under section 133 of the Charities Act 2011 for the year ended 30 June 2024, consistent with the previous two fiscal years. The trustees have prepared the receipts and payments accounts following relevant legislation and guidance, including Charity Commission guidance CC15d Charity accounting and reporting – the essentials – November 2016 and CC16 Receipts and payments accounts. This method of preparation includes the account of receipts and payments - summarising all money received and paid out in the financial year - and a statement of assets and liabilities as at 30 June.

3. Restricted funds details:

The detailed restricted fund receipts and payments and statement of assets and liabilities are presented on the following page.

TAR - The Amarna Trust

30 June 2024

Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Charity Name
No (if any)
CC16a
The Amarna Trust
1161292
Receipts andpayments accounts
For the period
from
Period start date
To
Period end date
01.Jul.2023
30.Jun.2024
~~=——~~
Section A Receipts and payments - Restricted fund details
Restricted -
Cemeteries
Publication Fund
Restricted -
Statuary
Publication Fund
Restricted -
Great Aten
Temple Fund
Restricted -
Outreach Fund,
Amarna Visitor
Centre
Restricted -
Outreach Fund,
Site Management
Restricted -
Workshop
Excavation Fund
Total Restricted
funds
Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations
Grants
Sub total(Gross income for AR)
~~
eee~~ -
-
-
-
-
-
-
-
-
-
-
7'936
431
1'008
-
-
9'375
13'307
-
785
6'193
-
-
16'052
-
23'030
6'493
-
-
-
-
-
-
-
-
-
-
785
14'129
431
1'008
16'052
-
32'405
19'800
~~eee~~
A2 Asset and investment sales, (see
table).
None - - - - - - - - -
- - - - - - - - -
Sub total - - - - - - - - -
Total receipts - 785 14'129 431 1'008 16'052 - 32'405 19'800
A3 Payments
Grants paid - Fieldwork, research,
publication and travel
3'890
9'422
15'627
1'106
-
-
-
30'045
17'627
-
-
-
-
-
-
-
-
-
Sub total
3'890
9'422
15'627
1'106
-
-
-
30'045
17'627
~~———=E=E==LaV=V=a__=~~
A4 Asset and investment purchases,
(see table)
None - - - - - - - -
- - - - - - - - -
Sub total - - - - - - - - -
Total payments 3'890 9'422 15'627 1'106 - - - 30'045 17'627
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 3'890
- 8'637
- 1'498
- 675
1'008
16'052
-
2'360
2'173
-
- -
-
-
-
-
-
-
6'978
8'637
1'906
1'978
5'000
-
-
24'499
22'326
3'088
0
408
1'303
6'008
16'052
-
26'859
24'499
~~===]~~
Section B Statement of assets and liabilities at the end of the period - Restricted fund details Section B Statement of assets and liabilities at the end of the period - Restricted fund details Section B Statement of assets and liabilities at the end of the period - Restricted fund details
Categories Details Restricted -
Cemeteries
Publication Fund
Restricted -
Statuary
Publication Fund
Restricted -
Great Aten
Temple Fund
Restricted -
Outreach Fund,
Amarna Visitor
Centre
Restricted -
Outreach Fund,
Site Management
Restricted -
Workshop
Excavation Fund
Total Restricted
Funds
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
B1 Cash funds
Bank balance - NatWest Bank
~~—~~
3'088
-
-
-
408
-
1'303
-
6'008
-
16'052
-
-
-
26'859
-
Total cash funds Total cash funds Total cash funds 3'088 - 408 1'303 6'008 16'052 - 26'859

30 June 2024

Total cash funds

TAR - The Amarna Trust

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ The Amarna Trust members of On accounts for the year 30 June 2024 Charity no 1161292 ended (if any) Set out on pages 1 - 11

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: “Nana Opoku Barfi” Date: 22 February 2025 ~~Pe [|~~ Name: Nana Opoku Barfi ~~PO~~ Relevant professional 1. Member - Association of Charity Independent Examiners (MCIE) qualification(s) or body 2. Fellow - Association of Certified Public Accountants (FCPA) (if any):

Address: 16 Butlers Grove Great Linford Milton Keynes, MK14 5DT

1

October 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

October 2018

IER