REGISTERED COMPANY IYUMBKR: CE4244 (England and Wales) REGISTERED cHARy NUMBER: I16282 Re heT nd rED st Thomton Springer LLP Chartered Accountants 67 W¢5ts)w Stre London SE.19 3RW
&lrnn rin ded 31 fo 202 Pg¢ Report of th¢ Trnstffs IDd¢pende•t Exg4mirter'$ R¢rffjrt StOtem¢Trt of Flnan¢ial Aetivitles Bal•n¢ Sht¢t Noteg to th¢ FID8nciAI Stst*m¢nts Dttsiltd St•ternetst of Fln8ncial Acdvltles 16 to 17
lent I &r End I MAreh The trustees who are also ditOrS of th¢ chartty for the PUryA)ses of th¢ Comp8nies Act 2006. pr¢5ent th¢ir report with th¢ financial statements of the charity for the year tted 31 Mah 2025. The trusie¢5 have adopted the provisions of Accounting and Rertin8 by Charities: Stat¢ment tsf Recommended Practice applicable to ¢h8rities preparing their accounts in aordance wÉth the Financial R¢rthing Standard applic4ble in UK atld Republic of Ireland (FRS 102) {eff¢ctive l January 2019). 0ECT[VEs AND ACTivrriES Objective5 and 8lyns The broad aims of the Trust are the advancemeni of knowledge of th¢ Indo-Irdruan lanBua8es and their history, and of the early cultures of the Indian and Iranian worlds particularly as repre5¢nted by the pr¢-history, hRe0}Qy. art hist( and an¢i¢nt history of the Tegions involv¢d. The Trustees. p)licy has bea) guided by fow main consideTatLODS: a) The maintenance of a house to a¢¢ommodaie the librnry, initially ¢onsi5ting of the individual libraries of Sir Harold Bailey. of Professor J van Lohuizen and Of the tk>ctors Allchin. b) Th¢ house would also s¢rye as the ¢entre for the Trust's admini$tion atKI as the l)ase for th¢ir wid¢r cultuyal and edUtiOnal aim5 (i.e. lecturts. seminafs, confthrnc& and exhibitions ¢tc.). e) The cr¢ation of an endowment fund whi¢h would k used knth to support the library aTKi to further th¢ wider aims of educati¢)n and reseaKh. particularly by making grnnts for trav¢1 and resear¢h, and ]Still8 publication. d) The Trustees accep¢ that for the tllne being their primary responsibility must be the establishmenL ¢8r¢ and tIntenanCe of the library, and will remain so urttil the necessary filnding is rais¢d to guanntee its Wrtirtuity and fiffth¢r developtnent. During the year we continued to meet th¢ objertives of the TNst. PbIle b¢¢fit The Trn5tees confim that they have complied with thetr duty to have due Tegard to the guidance on publi¢ befit publsshed by th¢ CTr1ty Commission in txercising their wwers and duties. The public trn¢fit of the Charity'5 aeiLVlties are ouilined Under'ObjtiveS and Auivities, aDd'AchieYem¢nts gnd Perfom)an¢e' within this report. ACHIEVEMENfs AND PERFORMANCE Ch8ritAble activities Income.. The Trust's inwme is derived mainly fn)m the following sou]res: a. income from its investments which are held in an amai8amateA fimd (¢ompri5ing a number of spla1 funds). b. in¢ome from special grants.. from Th¢ Bestway Foundation tr) fvnd vi51ting f¢llows from P8kistan. ¢. from gifts gnd covenants ntsde by Friends of The Ancieni India & Iran TrLLSt. d. rent froTn two flats in Brooklands Hous¢. Out8oings'. The Tnjst's outgoings gxe primarily the payment of stAff. the pair and maint¢naEK¢ of BrLN)klands Hou5¢ the catsl¢)8uing and rnaintenance of th¢ library, support for symposia and the award of small personal research srants. Th¢ staff compri5e'. a resident custcdian for the house and library. a Fdrt-time administrator and a part-time library assisianL Th¢ followiD8 on-going projects ar¢ Ixin8 funtsj with mon¢y raised from outside 50ur¢e5: Conservation and presetvation of manusuipts and rar¢ books InvestweBI performgnce The valu¢ of the Charity's investtnent Frfolio is £1,580,566 (2024 £1,569,293). Th¢ Trust's freehold property tsf Brookiands Hous¢, whi¢h was purchased S]ficallY for TnLSt obJtIveS by th¢ FOWlg Tte¢s. 15 owned not as an inve5tm¢nC but a to)1 for lfillIng the Trust's objectives. The ThJ$te¢s do not 8nti¢ipate at the present time thai li will bE ne¢e5Sary to sell th¢ projkny. Page I
cient fo the Yea 31 FINANCIAL REVIEW I#Yestment policy 8nd objettiv The Charity's invt%tm¢nt objective is io prote¢ in so far 85 Es reasonabl¢ and with the avoidance of undue risk, real value of the charity's capital and in¢ome after allowan¢¢ for inflaiion. Reserves poliry Over the medium tem] li is the Tne¢s, int¢ntion to spend annual income whil¢ nMintainin8 the rea] value of the G¢nernl Fund, &$ represend by the four designat fimds. STRUCTURE, GOVERNA14CE AND MANAGEMENr GoverJ)ing doeumeDt The ¢haTity is controllej by its governing thumeni a deed of tntsL and eonsti¢utes a limited eomp8ny, limited by guarante< as defined by th¢ Compani¢s Act 2006. Th¢ Trust is r¢8ulated by th¢ Chanty ConmJissioner5 for England & Wales under the Trust Deed of 17 July 1978 and a tkd of Variation of17 July 1994. The Trust w&s eonvened to a Charitable Incorsx)rated Or8anisation ICIO) on 31 October 2016. Reeruitment and appointment of new trnstees N¢w Trustees are usually knowrt to and recommend by existing Trustees. Their 5¢1ection will be based on their ¢xperience, qualifications and skills. Any ining r¢quirements if considerJ n¢¢¢ssary will be identifid at an ethrly sta8e and r¢l¢vant Courses arranged. Rlsk m•MggerneDt The inJste£5 hav¢ a duty to identify aThJ review the risks to which th¢ tharity is exposed and to ensw¢ appropriate ontrols ar¢ in place to provide reasonable assur4nce against fraud and ¢rror. REFERENCE AND ADMJNISTtL4TlVE DETAILS Registered CoMnY ttumber CE004244 (England and Wales) Registered Cb8rity number 1162982 R¢gi$tered o(fiee 23 Brooklands Av¢nue Cambridge CB2 8BG Tnist¢¢5 ProfessorN SiDLS-Williams Professor C Petrie (Hon Secretsry} Profes50r S Li¢u Professor J Lipner Profesg)r A Hintz¢ (Chairl Professor C van liuymb¢ke Mts UMJ Sims-Wdliam$ (Hon librarian) SirN B8rrin8ton Mr T R Blurton Pmfessor J Cribb Dr P H B Baker (Hon TreasuTW) Independent Examiner Thomton Sprin8er LLP Chartered Accountat 67 Westow Street London SE193RW Pa8¢ 2
Trn fo Appwved order of the board of tnJst¢¢s on..... . signed on its t¢half by: Professor A Hintze (Chairl. Trustee Page 3
end Exmi Indi r#n Tru htTr et5 of IDdèpenden¢ txaminer's report to tbe trustee5 Df Antlent lThdli & Iran Trusi I'th CompADy'l I report to the charity ¢Tuseson my examination of lh¢ accounts of the Company for the year ended 31 MOT£h 2025. Responsibilitie$ and basis of r¢port As thc tharitys trUsS of the Comp8ny land also its direciors for the pwpose5 of company lawl vou are re5p)nsible for th¢ preparation of the a¢counLs in a¢cordance with the requirwn¢nts of the Companies Act 20061'ihe 2006 Act'l. Having sitisfied myself th2t ihe accounts of the Company are not required tt> b¢ auditrd under Part 16 of the 201kn Acl and are eligible for independent examinauon, I r¢p)rt in re5wci of my examination of your charity's accounts as carried out under Section 145 of the ChaTities Aci 201 I ('th¢ 2011 Art'l. In carrying oui my ¢xamin8tion I have fellois¢d the Dr¢¢tions given by the Charity Commission under SectlOD 145151 Ibl of the 2011 ACL Independent exrnlner's 5t#temettt S have corllpleted m>. examination. I conflrn that no Tnatter5 have come to my at*niion in connection with the examination giving me cause 10 believe.. accounting records wtrt not kept in Jtspecl of the CoMpY a5 required by S¢aion 386 of th¢ 2006 Aa: or the a¢¢ounts do not accord with thoK cordS. or th¢ accounts do not comply wiib the iceoununB rcqlliremet of Sei0n 396 of the 2006 Act oth¢T thatt any rcquirement thai the atcounts give a tn and fair view h1¢h is no¢ a mauer considered a5 Part of art depe[ent examinsiion. or thc accounts hav¢ not en pr¢pared in accordyntt with the mdhods and prin¢iples of the Stst¢ttwii of Recomtn¢nded PrdCtic¢ for accounting and rewrting by ch4Tilies lapplicable kn charities preparing their acrowits accoTd8nce with ih¢ Financial R¢wrting stdard applicable in the UK 8tsd Republic of Iland IFRS 10211. I have no COD¢ems and hove come a¢ross no otheT matt¢rs irt connedion with the examination to wtsich Attention should be drawn in thi5 r¢port in Order ¢0 enable apJY)per underswidin8 of the a¢¢ounts to be T¢h¢d. S B Ison FCCA Thornwp Springer LLP Charttrtd Accowithnis 67 Westtsw Street inndon SE193KW Date.. 1811 I12025 Page 4
ent 31J25 Totsl funds 31.324 Tot Utvestrid fimds ReoArict¢d nds ETMlowm¢nl fund INCOME AP4D ENLK)WMENIS FROM Donathons Iw¢ies 39,494 89A94 43,345 Other tra(tsng 4rtivities Jt)ve5tment Iwme 1447 69,453 2,447 69853 1,413 67.871 Totsl 161J94 114.629 EXPENDIIIJRE ON R*tslng futtds Inv¢stsneni manag¢meni costs 12,5&7 12W3 4,893 12JPJ 12J83 4893 Cbaritsbl¥ adlvities Other Br<Kth]ands Hous¢ 73.126 3S016 47,lJlJO IN126 35,016 64,740 26,923 Totsl J20,725 47,OlJO 167.725 96,556 Net 8aknsJ(109ses) on investmet (14,148} (129) {l4277} ?7,1 NET INCOME4EXPENDITURE) (23.479) 2071 (2W8} RECONCWIJATION OF Totsl fvnds brou8ht fonvard I,OW041 221J99 2J73,625 3ffj79,865 3,S83.871 T(YfAL FiJIWS CARRIED FORWARD 1061.162 22V7 2J73.625 3ffj59257 3,679.865 The notes fomi pth 0fth fjnaneial sthtemeJits
Ancient
ee
xrch 2025
31
31J25
Totsl
nd9
313,24
Total
Unre5tri¢ted
fvnds
Restricted
ETyJowm¢Trt
fund
FIXED ASSETS
Tangible &55¢ts
Investh)ents
6,836
982,470
2,(m.IXKI IflOW6
371625
IM565
2.(M)6.836
1,569,292
124,470
989J06
124.470
2J71625
3,587.4111
3,576,128
CURRE ASSETS
Deor$
Investsnents
Cash at baDk ond in haT¥J
14J59
IOJ48
49,099
14.$59
10048
49,099
16,668
46,047
43,560
106.275
CREDITORS
Am(Kll f•llin8 due within one
12
(50)
{2A4))
(2538)
NETCURKENT ASSETS
71056
71056
103.737
TOTAL ASSETS LESS
CURREP4T LIABILITIES
I,(1,162
224A70
2J71625
&659357
3.679,865
NKT ASSYfS
1.061,162
324A70
2J71625
3659257
3,679,865
FUNDS
Unr¢strict&l fvnds
Restrscted fid$
Ertdowrnent fill$
13
I,lJ61,162
224470
2J73,625
I,Q84,641
221,599
2.373,625
T(YfAL FUNDS
309J57
3,679,863
The ¢h8ritable company is entitled to exempti( fiom audit under Section 477 of the C
Ir#n 31 These financial statements hav¢ b¢¢n pro8red in aKordaTK* with the provisions applieable to charitsble crrylnkes subie¢t to th¢ small companies regirn Lal statements were approved by the knrd of Trustees aud authoriwj fcr issu¢ The fi Professor A Hintze (Chairj- Trustee The notes fomi part of these OTMncial statements Page 7
Anclettt nt ro ded 31 arc ACCOUNTtNG POLICIF B¥sls of preparing tth¢ fittAntlal stgtements The financia] sthtements of ihe ch8ritable compgny, which is a public kn¢fit ¢ntity Under FRS 102, hav¢ been prepared in accordance with ihe Charities SORP (FRS 102) 'Accounting and R¢p)rting by Charities: Statement of R¢eommended Prathice awlicable to charities w¢paring their COUnts in CordanCe with the FitFan¢ial RqK)rting Standard applicable in the UK and Reptlblic of Ireland (FRS 1021 (effective l JaryU 2019}'. Financial Rewrting Stsndard 102 'The Financial R¢wbrting Stondard app1)bk in the UK and RepuFli¢ of Ir¢lgTrJ' and the C¢)rnpani¢s Ad 2006. The financial sEatem¢nts hav¢ been prepared under the hIsrical cost ¢(vention, with the exception of inYe5tments which are included at m8Jket valu@ as m¢ylified by the wahwi(XL of ¢¢rtain a55ets. Inoowe All ItKom¢ 15 recognised in tht ststement of Finartcial Adivities once the ¢haTity entit]emerrt to the lljnds it is wbable that the inrne will be ¢rceived and th¢ amowit be measu4 reliably. Eswdltur¢ Liatwlities are Tecogni5ed as ¢XF¢nditwe &s soon as tliere is a leg41 or constrwtive obligation ccthmittit the ¢lwity ro that eXlire. it ts wobable that a transfw of economi¢ i¥)efits will requirtd iTh settlema and th¢ wnouni of the obligi¢)n can be Msured reliably. Expenditure is Unted for on an accrua]s basis and has b¢ classified under headings that a8gTe8ate all related to the category. Where costs ¢annot be dirertly attributed to parti¢ular headings they have been allo¢ated to activities on a basis consistent with of Grants Offer subject to ClditIonS which hav¢ tt b¢¢D m¢t at the year end dat¢ are noted as a wmmithient but not awued as expenditure. TIble fixed Sets D¢w¢ciation is provided at the following annual Tat¢9 in ord¢r to write off ea¢h &sset over its estimated usefvl life. Th¢ ¢harity is exempt from ¢or]y)ratioD tax i)n its charithbk activities. 8e¢ouDtirtg Unrwtricted funds can k used sn accordancc wtth the charityble objectiv48 * the discretion of the tsvees. R¢strKted funds can only Ix for particular Testri¢4 purposes within the of the chArity. Restricti(m5 8T1 when Specifi by the d¢or or when funds ore rai$ed for particular restrict4 purposes. Furth¢r explanation of the nauur and PUTW>5e of each fimd 1$ included in the notesto the financial siatements, P¢ns1ort eosts and other POBt-retirement lyen¢fits The dnb]e comwy oper8t¢s a defined c(trIbUtIon Fnsion xhem& Contributions payable to th¢ thpritabl¢ cw)kny's pension scheme are tharged to the Ststcmentof Financial Activities in ts p¢ri(yJ to which they r¢l. continu&..
tl Trust for 31 March OTHER TRADING ACTIvrfiES 31J.25 31,324 Sal¢of IK>oks Mis¢¢ll8neous 1095 282 2.447 1.413 INVESTMENT INCOME 31J.25 313.24 R¢nts received De]1 account int¢rest Cun asset inv income 20,691 581 48.181 202(K) 300 47371 69,453 67371 INVESTMENf MANAGEMENT COSTS 31J.25 31.324 Porrfolio mana8ement 12J83 4393 TRUSTEES. REMifNEIL4TION AND BENEFITS Th¢Te were no truste¢s' remun¢ration or other benefits for the year endejj 31 m9 2025 nor for the year ¢nd¢d 31 Mar¢h 2024. TTte¢s, expenses Ther¢ were no truste£s' expen%s ]d for the yended 31 March 2025 nor fortht year ¢nded 31 March 2024. STAFF COSTS Th¢ 4verag¢ molthly numberof employees during the year was as follows". 31325 31.3.24 Adrninistrator LibrariAn Cust(Mli8n No employees rec¢ived emoluments irt ex5 of £60,(K)O. dge9 continu¢d...
nt Indla & ran TThst I toth Fi nti91 Ststem Ended 31 MArch COMPAR4TIVES FOR THE STATEMEiYf OF FINANCblL ACTivrrIES Unr¢stricted Restii¢ted fim(ts Endowment fund Tots] INCOME AND ENDOWMENTS FROM Dtsmtions and legacies 36.434 8,911 45 J45 Oth¢rtrading a¢tiviiie5 Invesmient sncome 1,413 67,871 1,413 67,871 Totsl 105,718 8,911 114,629 EXPENDTfuRE ON B•ising funds Investtn¢n¢ maTragernent ¢o#s 4.893 4,893 4.893 4,893 Charitabl¢ actlviti O¢h¢r Brook]ands House 64,740 26,923 64,740 26,923 Tot¥1 96,556 96,556 N¢tgains on investtnents 77.921 77,921 NET INCOME 87.083 &911 95,9)4 RECONCILIATION OF FUNDS Totsl fimds broughi forward 997.558 212,688 2,373,625 3.583,871 TOTAL FUNDS CARRIED FORWARD 1.084,641 221.599 2.373,625 3,679.865 TANGIBLE FIXED Assrrs Improvements to Freehold property Total$ COST At l April 2024 and 31 March 2025 2.(1)6W6 NET BOOK VALUE At 31 Mh 2025 6,836 2,006036 At 31 March 2024 2.000.IM)O 6.836 2.6.836 Pagelo ¢ontinued...
& lTan finxtt fo 31 March FIXED ASSET INVESTMFNWS Listed investments mTVALUE At l April 2024 Ad(titions Disposa]s ReVUatIO 1.569392 1,188,549 (1,161998> (14378) At 31 March 2025 1,580,565 NET BOOK VALUE At 31 Nlarch 2025 I,SW565 At 31 March 2024 1,569.292 Th¢r¢ were Th) inv¢sttnent assets outside th¢ iJIL Co4 or valtIon at 31 Mardj W15 is r¢pr¢senied by". Lisied investments Valuation in 2025 Cost {&834) 1,587J99 ],5805 DEBTORS: AMOUNIS FALLING DUE wfrHtN ONE YEAR 31.325 31.3.24 (Mh¢r debtors Inv¢thent income Gift aid rewverable 122 10,133 6,413 6,138 14J59 16.668 IL CURRENT ASSET INvESTTs 31Ja5 31.3,24 C&8h at brokers 10048 46,047 P8g¢ll ¢ontinued...
Arte Not fort eye End I mAh 20 IL CREDITORS: AMOiJNTS FALLING DUE WITHIN ONE YEAR 31J.25 31.3.24 Oth¢r creditors 2h51) 2338 13. MOVEMENT IN FUNDS Net movement in fvnds At 31.3.25 At 1.4.24 UDrtstrleted futhds G¢ntT&I fund The Allthin S Asian Res¢4rth & Trav¢1 Fund Th¢ Joan Van Lohuiz£n Memorial Fund The Harold B3iley Fund for Irdnian Stvdies Th¢ Joan Van Lohuizen Beqye5t (23,479) 31&144 97J17 73J77 22S1116 34%718 97J17 73$77 22&106 349,718 I,N641 (23.479) ,061.162 Restricted funds ChaTle5 Wa]lac¢ India Fund Conserve Zoroastrian manuscripts Pakistani Visiting Fellowships Kreitman Library Endowinent Kr¢itmwa Gard¢n FUTKI BuTvnn Fund BIPS Fund for Allchin Archive Central Asian RexaT¢h Fund 114 4J511 10,449 10,449 I(J)0 I.0) 1,707 129 1,707 (129) 7JSD 221A99 2N1 224A70 EndowmeDt funds PemiAn¢nt Endowment 2J73,625 U71625 TOTAL FUNDS 3ffj79.865 (20,608) 1659257 Nd movement in fijnds. included in the above areas follows: In¢omin8 resourtes k¢sources expended Gain5 and loss¢s Movement in fvnds Unr¢5tricted G¢ntral fd liiJ94 (Imns) (14148) (23879) R¢strieted funds Consery¢ Zoroastrian manuscripts BIPS Fund for l¢hIn Archive Centsl Asian R¢5earch Fund {4&OiKI) (129) {129) (1000) 5•,ON) (47J1) (129) TOTAL FUNDS 161 J94 (167,725) {14277) (2) Page 12 continyed...
IrAll Trust InAn r EDded men l March 2 J& MOVEMENT IN FUNDS- ¢o•llllved Comprntlves for movement in fuDds Net mov¢met)t in fimds At 31.3.24 At 1.4.23 UnTestrfct¢d Generdl fund The Allthin S Asian lieseBr¢h & Travel Fund The Joan Van Lohui7¢n Memorial Fund The Harold Bailey Fund for Iranw Studies The Joan Vatl Lohuiz¢n Bequ¢st 251,411 87,212 338,623 97,446 73.877 225,106 349.718 (129) 97J17 73,877 225.106 349,718 997,558 87,083 1,084.641 Restricted funds Charles Walla¢e India Fund Conserve Zoroastrian manuscripts Pakistani Visiting Fellowships KltMan Library EI0Wm¢nt KTeitman Garden Fd Bimprdn Fund BIPS Fund for A]lehirt Archive Central Asian Resear¢h Fund 114 289 10.449 l(M),000 i(K).000 1,707 129 114 4J50 10,449 i(K).tM)o 11)O,(K 1.707 129 40 4,061 4,850 211688 8,911 221.599 EDdowment funds Permanent Endowmeni 2,373,625 2.373,625 TOTAL FUNDS 3,S83.871 95.994 3.679,865 Comparative net movement in fiu% includ¢d in th¢ above are as follows: Inwming Gains and losses Movement in fimds Unrestritted fvnds General fund The Allchin S Asian Resear¢h & Trnvel Fund lQ5.718 {9(427) 77,921 87,212 {129) {129) 105,718 196,556) 77.921 R¢strieted funds Conserve Zoroastrian m8nusuipt$ C¢ntr41 Asian R¢s¢arch Fund 4,061 4.850 4850 911 8,911 TOTAL FUNDS 114,629 {96,556) 77.921 95,994 Page 13
ient tinu for the Y Ended h202 13. MOVEMENf IN FUNDS. continued A ¢urr¢nl year 12 m¢)nths and PTior year 12 mnths combined position i5 &% follow5: Net movement in funds At 31.3.25 At 1.4.23 UnrnTtrieted funds G¢neral fund The All¢hin S Asian Research & Travel Fund The Joan Van Lohuiz¢n Memorial Fund Th¢ Harold Bailey Fund for Iranian Studies The Joan Van Lohuizen Bequest 251,411 63.733 315,144 97,446 73,877 225.106 349,718 (129) 97J17 73.877 225,106 349.718 997,558 63,604 1,061,162 R¢strietsd funds Charl¢s Wallace India Fund Conserve Zoroastrian manuscripts Pakistani Visiting Fellowships Kreitmart Library Endowm¢nt Kreitman Garden Fwjd Bllnaran Fwid BIPS Fund for Allchin Archive Central Asian Research FUTHI 114 289 10,449 l(K),000 I,0(K) 1,707 129 4,061 4J50 10,449 100,(KJo 100.(M)O 1.707 {129) 7,850 7.850 211688 11,782 224.470 Endowm)¢nt fud$ Pemian¢nt Endown¢nt 2J73,625 2,373,625 TOTAL FUNDS 3,583,871 75.386 3.659257 A curyent year 12 months and prior year 12 m(>nths combined net movement u) W included in the ab)ve are s follows.. Incoming resources Gains and losses Movemeni in fund5 expended Unr¢stritted General fimd The Allchin S Asi8n Research & Travel Fut 217.112 (217,152) 63,773 63,733 (129) (129) 217,112 (217281) 63,773 63.604 R¢strlcted funds Cons¢tve Zoroostrian manus¢ripts BIPS Fund for All¢hin Archive Central Asian Rese8r¢h Fund 49,061 (45,000) A.(1 (129) 7,850 {1291 9.850 {2,WO) 58,911 (47.000) (129) 11,782 TOTAL FUNDS 276,023 {264,281) 63,644 75,386 Pa8e 14 continued...
Dtl Trnst eFlll tem r Ended 31 March 20 fort I& RELATED PARTY DISCiLkSURFS Th¢r¢ were no related rArty transa¢tions for the year ¢nd¢d 31 March 2025. Page 15
Attel nt Ind1 D Trn5t temen f FinADCi ey rEnded31 March 2 31.3.25 31.3.24 INCOME AND ENDOIVMENrs DoDations and l¢gaties Donions 89N94 45,345 Other trndlng activitie$ Sale of iwks Miscellaneo£ 352 282 2,447 1,413 Illyestment In£ome Rents ceived Deposit aceount interest Curr &4set inv income 20,691 581 48,181 20,200 300 47,371 69,453 67,871 Total incomlng resources 161J94 114,629 EXPENDIIVRE lllvestment management eosts Portfolio management 12J83 4.893 Cbaritsble xetl%ryti¢$ Lrttures Book purchas¢5 Symposia Library exwhses Manuscript conservation Grants to individuals 990 1215 3,823 3.270 45,IMK 1.832 1,463 742 220 1.890 966 56,130 5,281 Support eosts Management Wages Pensions 45,134 886 1544 2,459 2,384 1,161 2,228 26.923 2.642 In4 1,601 lJ34 oio 35.016 Telephone Postag¢ and stationery SundJie5 Computer expenses Bnk1and$ Ho¢ costs 9@136 83.719 Flllanee Bank Charges 226 This page does not fomi part of the thtutory financial statements Page 16
eDtI a&lra tsll d StAtem ntof f r the YeAr Ended 31 Mare i&IA 2025 31.3. 31.3.24 Governet costs Aecountancy fees 50 167,725 96,556 Net (expeodifyreYineom¢ before lS (6J31) 18,073 Realis¢d recognls¢d ggins and10s9es Realised 8ainsl(losses} on fixed asset investments 19fy910 21,657 Net Income 190,579 39,730 This page does not form part of th¢ statutory financial $tatem¢nts Page 17