REcIsfERED COMPANY NUMBER: 09454235 ￿ ngland Wklesl
REGisfERED CHARITY NU.MBER: 11631M4
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL ￿ATEMENfS FOR THE YEAR ENDED 31 MARCH 2021
FOR
THE ROMAN BAThS FOUNDATION
Case ACCO￿tIng Ltd.
C¢pen Pa￿ S(yJth
Chipr*nham
Wiltshire
SN140SY

THE ROMAN BATHS FOUNDATION
CONTENTS OF THE FINANCIAL sfATEMEfylS
FOR THE I'EAR ENDED 31 MARCH 2021
Page
Report of the Trn5tets
IR(kpendent EXaMine￿S Reyort
St*teJneDt of Acttvitj
Balance She
Note5 to tht FIRantig1 Staternents
7 to 11
Detaikd Ststemthi offwn¢i*l Adivities
12

THE ROMAN BATHS FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2021
The tn]s*es wljo are also directors of the charity for the of the cOm￿nItS Act ￿6. presetrt their re]Th with
the finonciai statements of the charity for the year ended 31 March 2021. The trustees have adop(¢d the provisions of
Accounting and ReFM)rting by Charities: Statem¢nt of Recommended Practice applicable to Charities preparin8 their
ac¢ounts in accordance with the Financial Rep)rting St8ndaTd app]i￿le in thc UK and Republic of Ireland IFRS 10?)
(effxtive l January 20191.
ORJEcfivES AND AcnviTIES
Objedives #nd aims
The charity w&5 estsblrshed with the fol￿wIng otye¢ts for the benefit of the pvbli¢'.
to pn)moK prE5esve, develop. maimain and man2ge the Roman Baths and Purnp Room o)mpleK Bath, Unit
Kingdom and ail buildings. monumenL% wllections, Strudures and archa￿lOgIC￿ rcrnwThs and artefxts
ppunenant to or asso¢iatcd Iwh¢ther by ko¢iryL hiswry orothrywisel with th¢ 5am¢ I￿gether. Ihe Roman
Baths'l.. andlor
- to adv8nrx th¢ educa¢10￿ interest arKI ap{￿¢1￿10n of B¢nernl ￿bIl¢ with resp￿ to the Roman Bath&
aD(Vor
to advance and support asws of p)pularand ￿adeMiC study th¢ RLNnan Baths fvthe educ￿10[￿ and
wider benef2t ofthe general public, includin8 (bu¢ not limi￿ tol the d•S￿V*Y. investiWiOn and protxtion of
archaeological remains and artefaets: andlor
to pursue such other charitsble purpos¢s kneficiil ￿the public and con5iSMt with the Objeus abov< as the
Trustees shall in their absolute di5crrfion detumin¢.
When reviewing the charity's wms and objefflives and planning &tivi¢ie& the Tnw have h&J due re8ar
to the public knefii 8uidAnce published by the Chariues CommÉssion.
Slgnillcant getlvltles
The board of trustee5 met three iames dwing ihe yetr. Due ￿ physi￿1 distancing requirements nttessitstsd by the
Covid.19 pandemio the July ?O?O meetin8 and Annual General Meeting were held in the Pump Room, the October
20?0 meeting in ihe Vi¢ff)ria Art Gallery the Februw 2021 meaing by Zoom.
Ai the Annual Genernl Meetin& the tenns of office of electeA trustees Pder D￿enrt Michael Forsyth, Fiona Pollard,
Alexandra Steffcn5en and Jane WLW)dward ajl expired. Pew DavenwrL Michael Forsyth and Fiona Pollard St￿)d for
re-el¢ciion and W¢Te appointed nem con with Fiona Pollwd Rturning io the Chair. AlexaThJrn Sieffenwi and Jane
Woodward did not stand for re*electÉon and *rre th￿ked by Fiona Pollard for their contributions to the Foundation's
work.. B￿h & North Eh5t Somersd Council wiihdmv CoUn￿lI0r pe￿ Turner and Manin Shiel(ts a5 its rK)minated
trustees 8nd replaced them with Coun¢illor Sue Crni8 David Baker. 4 Roman Baths ixaming Workshop Ix*Jcr. The
ix)ard appointed Peter Turner. now no longer a locd &udKSrity coynallor, as an clected tNStee nem eon.
Durin8 the year some tnL51ees attended the Roman Baths to wilness the difficulties experienced in retrieving wins from
the c.ircular Bath. Some trn5tees also attendd the Pump Room to help sorL count and bag ¢oins and take th¢m for
banking.
ACHIEVEMENT AND PERFORMANCE
FundNi5ing *¢¢tvltles
In ?0?0121 ihe focus was on n8￿gating the fimdrntsing ch&llen8es as a tesuh of COVIl￿19. Brfore COVID, income
souwes heavÈly relied on thnation5 from visitors Lx>min8 to th¢ Roman Baths. Wath the Site Clos￿ this M￿nt a renewed
focus on digits] income srrtams. For ¢xampl< in 2020121 the income from optional donations on top of tsckets iThcre&sed
by +2?Iyo a)mpared to 2019r20.
Fundraisin8 acti￿ty continLn4 for the The Archway Fwoje¢Y. ￿ be known as the Clore t￿¥mIng Centre and Worid
Heritage Ce[rt￿. Thue was a Si￿1]f￿an1 grant from Gwfield W￿t0ft of £50,1￿ #Thj a t8rge donation from an Indi￿dual
of £IOO.000 ￿WordS the new Clore Ltaming Centre.
The Clore Duffield Foundation also awarded the Roman Baths Fout)dation £25.(K#) from the Clore Cultural Learning
Fund. to &ssist ihe Roman Baths Leaming and Participation team wth delivery of Xtivitie5 during the pandemi¢.

THE ROMAN BATHS FOUNDATION
REPORT OFTHE TRUSTELS
FOR THE YEAR ENDED 31 MARCH 2021
FINANCIAL REVJEW
Reserves Wblicy
li is the poliry of the Foundation to sel aside unre5rrictrd fimds ￿ provide ffserve5 in order to proteLt its ￿tUre
operations from th¢ effects of any unforeseert VarE￿IDn5 in its income strt4ms or ¢xpendilure. In li¢)e with g(d practi¢e
and K)und financial managemenL the trustees t￿lId up the FourKlatton's reserves to enable it to Meet its Objects in
suptK>rt of the Roman Bath5 at Bath.
srRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its memor￿uM articles of as5￿1&11￿ as amend￿ by Speci￿ resolutiot)s ott 16 March
?015 and 19 April ?016. On 24 April 2017 by Special Resolution the ffiL#e¢5 increased the maximum llltmkr of eI￿red
trus*es from nine ￿ eleven.
ReernitThent and AN￿1ntMent of new Trustte5
New Trustee5 are Ircntittd by existin8 Tru51¢¢s.
REFERENCE AND ADMINISTRATIVE DETAILS
Regi5ter¢d Cornpany numbtr
09454235 IEn8land and Woles)
Registered Charlty thvmber
1163044
Reglstered olfiee
Pump Ro)m
s￿11 Street
Somerset
BAI ILZ
Trnsie
Eletted Trustees
A J Bee50n
A R S*ff¢nsen
P A Davenport
M G Forsyih
F A Pollard
J L wC￿lWard
S Mac(k)nald
R M Ha]ton
M England
PJMTumer
- ffsigned July ?O?O
- re4le¢ted July 2020
- reryeIe￿ed July ?OJ
- ￿eleCted July 2020
- resigned July 2020
- elected July 2tr20
- elected Ju]y 2020
TTUStees #ppointed by Blth *ttd North East Somer5et Coyndl
Councillor P J M Turner
- wiknwn July 2020
M Shields
- withthawn July •OJ)
Councillor S G Crdig
- app)inted July ?0
D Baker
- apw)inbJ July 2020
Jndependent Eximiner
T R Cose FCA IICAEW)
Case Accounitng Lid.
20 G(K)dwood Way
Cepen Park South
Chippenham
Wiltshi
SN140SY

THE ROMAN BATHS FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED31 MARCH2021
Approved by ordcrof the tt4rd ofm&ets on...... . ........... ...................... wd on its beha]f by..
F A Pollard- TrU￿¢t

INDEPENDEiYf EXAMINER'S REPORT TOTHE TRU￿￿8 OF
THE ROMAN BATHS FOUTr*DATION
Independent exaMine￿S report to tbe trustee5 of The Rom•n BAtILs Foundation {'the Compgny,)
I retK)rt io the ch￿ty WStee5 on my ¢tsrnination of the accounts of the Company fortheyear ended 31 March 2021.
Res￿n5￿￿111tleS and bASiS of Yeport
As the charity's truste¢s of ihe Company {and ￿s0 its dirrctots for the purFX)w of comp4ny law) you are Tewsible for
the preparniion ofthe accounts in rKcord￿ with th wuimnents of the Comp3nies Ad ?￿6 Cthe 2006 Ace).
Having satisfied myself that the accounts of th¢ Com&￿Y are Mt rtyuiled to be a￿lIt￿l llnd￿ Part 16 of the 2006 A¢1
and are eligible for iThdeFtndent exami￿￿on, l in reswr of my exsmin￿1)n of your charity's accounts as Carried
out under section 145 of the Charities Act ?01 I I'the ?01 l Act'l. In canying out my examinalion I have folkjwed the
Dire￿i0￿S givet) by the Charity CommissK)n UT¥ler sectioti 14515) Ib) of the I l A¢L
Independent ex•miner'# ststem¢nt
I have wmpleted my examirtation. I confirni that ￿ m¥tters have (¥￿Tre to my attention in ￿nneCtion wtth the
examination giving me cause to believe:
accoui)lin8 recorth wtte Mt kept in respect of the COMI￿Y &% Tequwoj by sxtion 386 ofthe ?006 Art" or
the accounts do rtot a¢coYd with those or
the accounts do eomply with the accounting rtyuirements of sedion 396 of the 2006 Act other th8n any
requiremeti¢ that th¢ a￿OUnts give a tru¢ and fair view whieh ts a matter eornsideT¢d as part of an lode￿ndent
examination., or
the aecounis have not been prepa￿d in *eordanR with the Meth￿ and principlts of the Statement of
Recommended Prncti¢¢ for a¢¢ountin8 and re￿Ing by charities (applicable to ¢hartiies preparing their accounts
in accord#nL% with the Finartcial Rep)rtin8 Stthjtrd applirAbk in the UK and Republic of Irel8nd IFRS 102)).
I have no coneerns and have come &ross no other matters in connection with the examin￿10ft to which artention should
be drawn in this ￿p)rt in order ￿ en&ble a p1operunder￿1Thg0f the ?￿ounts to bc rtxhed.
T R Cose FCA IICAEWI
Case Accounting Ltd.
20 GoodwcA)d Way
Cepen Pthrk South
Chippenham
Wiltshire
SN140SY
Date..
Page 4

THE ROMAN BATHS FOUNDATION
srATEMEYI T OF FINANCIAL AcfiviTIES
iYCORPORATING AN INCOME AND EXPE]YDrruRE ACCOUND
FOR THE YEAR ENDED 31 MARCH 2021
2021
Total
nds
2020
Totsl
funds
UnrE5tricted Restricted
funds
INCOME AND ENtK)WMEKfs FROM
Lk>nations and k8acies
217J41
26,915
EXPENDITURE ON
Raising fimds
975
975
Charltable *etivltle5
Grdnts to in$tiilltiODS
395WI
180.420
Cxher
TolAI
396072
186,301
NET INCOMEMEXPENDITURE)
106
(18&637)
(179J31 }
1159,3861
Transfers between fvnds
(5x949)
5&949
Net movement In fund¥
(49J43)
(129h88)
(179J31)
{159,3861
RECONCILIATION OF FUiYDS
Tntal fuTrd5 brought forward
317h26
397J07
556.893
TOTAL FUIYDS CARRIED FORWARD
187.938
217.976
397,507
The note5 fomi part of these financial statements

THE ROMAN BATHS FOUNDATION
BALANCE SHEET
31 MARCH 2021
2021
CURRENT ASSETS
Debto
Cash a( bank and in hand
27J60
191.030
320
397,583
218j￿
397,903
CREDrroRS
Amounts f￿]irtg due within oneyear
(414)
1396)
Nrf CURRENf A&SETS
217.976
397,507
TOTAL ￿ETs LESS CURRENr
LIABILITIES
217976
397J07
NET ASSETS
217976
397.507
FUNDS
Unrestricted funds
Restyicied fvnds
301138
187.938
79,881
317.626
TOTAL FLJNDS
217.970
397,507
The ¢harirable company is entitled to exemption from a￿JIt utKler Section 477 of the Companies A¢t 2(KJ6 for th¢ y
¢nded 31 March ?0? l.
The members have not ]Yquired the company to olmain an audit of Èts financial stat¢m¢nts for the year ended
31 March 21PI in a¢mrdan¢e with Se¢tion 476 ofthe Compatsies Att ?￿.
The tNstees acknowledge their resTX)n5ibilÈties for
(al
ensuring that the charitable company kws accounling ]xord5 that ts)mply with kntions 386 and 387 of the
Companies Aci 2006 and
prepatin¥ financial whith give a aTHI fair vÉew of 5thre of affaiT5 of the charitable company 8$
the end of each fIna￿la[ year and of its wlus or deficit for t￿b financial year in accordance with the
T¢qUiTements of Sections 394 and 395 and which othmvise comply with the requirements of the Companies A¢1
?006 relating to financial sMem¢nt& so faras applicable th th¢ dwitable ¢(wpMoy.
(bl
These fi[￿￿￿al statements have bw Evep8r¢d in a¢¢ord¥￿e with the pn)visions applicable to charitabl¢ COTnp&nie5
subject io the small LX)mpanies regim
The financia] ststemthts were approved b). the Bcwd of TnLSte& and authorised for issu¢ on
. and We￿ sigmed on its by..
F A Pollard. Trustee
The n(Stes forni part of these financial 5thtem￿ts
Pase 6

THE ROMAN BATHS FOUNDATION
NOTES TO THE Firl￿NcIAL STATEMENTS
FOR THE YEARENDED31 fvIARCH 2021
ACCOUNTING POLICIES
Ba$1$ ofpTepAriDg ihe fiD*Dci*I s¢*temettts
Th¢ financial ststem•Jis of the charitable ¢ompany. which is a public benefit ¢ntiry under FRS 102. have been
prepttred in accordance with th¢ Charitie5 SORP (FRS 10?) 'Accounting and Rerrf)rting by Charities.. Stst¢ment
of R￿0MMended Pra¢ti¢e applicable to charities pryiThg their accounts in w)rdAnce with the Financial
Rew)rting Stsndard applicable in the UK al￿ Republic of I￿land {FRS 1021 l¢ffective l January ?0191',
Financial Rep)rting Standard 10? Tr Firwicial ReiM)rting Standard a[f*li￿ble in the UK and Republic or
Ireland and the ComF•nies A¢t 2006. The fitwic1￿ sfat¢m¢nts have been wepaT¢d under the historic￿ cost
conveniion.
Ineome
All income is recogDised in the S￿ement of Wmanci8t Actrvitie5 onc¢ the charity h&8 entitlement to the fjJnd8 It
is probable that the inc4)me will be rw¢ived and the amount ￿ be Meas￿ fEliabty.
Expenditu
Liabilities are recogntsed as exF*nditure as Sc￿￿n ¥5 thue is a le821 or obligation committing the
charity to exjxnditawe. it is probable that a transfer of economic benefits will be tYquir&J irt settlement and
the wnount of the obligation can b¢ measured reliably. EX￿dIlyre is accounted for on an ￿¢n￿lS basis and ha5
been classified under headings th&t 888re8ate ajl cosi rela*d to the catesory. Whe¥e Costs canrK)t be direcdy
attributed w particular headitt8s thty have been ￿lOcated to xtiviti¢s on a bASiS consistent with the use of
rcsoufL¥S.
Grnnts offer¢d subject to conditions which hove not been met at th¢ ye4r dote •$ i commitsnent but
rK)t accrued as experKlitur¢.
Taxatlon
The charity is exempt eorwwBtion t&¥ on its Charitsble activiti¢5.
Fuud Aceountln8
Unrestyirfed fvrtd5 be used in accc¥d￿Ce the eh•rithble objeaives ￿ the diseretion of the trustees.
R¢strithd funds only be used for Wiculv rn$trid￿ pufF￿s￿ within the 0￿.ects of th¢ charity. Restrieti0ThS
arise when specified by the thnoror when fi￿d$ are ratsed for particular restri¢1￿ puryoses.
Furtherexplartation ofthe tthre and PUIFW of each fund is includeAI iti the tK)tes to the financid sfdements.
TRUSTEES, REMUNERATION AND BENEFITS
There were rKTr trustees. Rmunerntion tr other Ixnefits kn the year a)ded 31 M8rch 2021 nor for the year ended
31 Ma￿h 2020.
Trvtte4' expeues
There We￿ tn￿le¢s. expense$ ￿ld forthe yur ended 31 Marth 2021 forthe yearended 31 Mw¢h 2020.
Pa8e 7
i>Jntinued...

THE ROMAN BATHS FOUNDATION
IYOTES TO THE FIliAYCIAL STATEMEM5- eontinutd
FOR THE YEAR ENDED 31 IblARCH 21J21
COMPARATIVES FOR THE sfAIEMENf OF FINANCIAL A￿1VITIEs
unrestrict￿ Restricted
funds
Total
fimds
IIYCOME AND ENDOWMENTS FROM
tknnaiions and l¢gacies
8.823
18.092
?6,915
EXPENDITURE ON
Raising fimds
241
4.419
4.660
Charltable #ttfvliltt
Grants io insiitutlons
180,420
180.420
Other
1221
Tot•1
1.462
184.839
186.301
NET INCOMEI(EXPENDITURE)
7J61
1166.747)
{159.3861
RECONCILIATION OF FUNDS
Total fvnds brought for￿rd
71520
484J73
556.893
TOTAL FUNDS CARRIED FORWARD
79,881
317,626
397J07
DEBTOILS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
payments and aecrud irto)n
27J60
320
CREDITORS: AMouNfs FALLING DUE WITHIN ONE YEAR
21)21
2020
A¢¢n￿d ex￿￿8¢5
414
396
eontinued...

THE ROMAN BATHS FOUNDATION
NOTES TO THE FINANCIAL sfATEMENIS- eoDtinued
FOR THE YEARENDED31 MARCH 2021
ANALYSIS OF ASSETS BETWEEN FUNDS
2021
20?0
UnrE5trictsJ R¢styi¢trd
fimds
Curreni assets
CuTreni liabiliiies
I￿.93&
218J90
(414)
397,903
{396)
(414)
30.038
187.938
217.976
397.507
MOVEMENTIN FUNDS
Na
movemcnt
in funds
Transfers
Al
Ai 1.4.20
Unrestrfeted
General fund
79J81
106
{&S.949)
30,038
ReMrleted
Archway Project
Clo]r lurning Cenire only
317kn26
QIOW7)
SS949
102.938
317
{18W7)
5S949
187,938
TOTAL FUNDS
397
(179￿] )
217,976
Net mov¢meni in fi￿d% included in the ab)ve are 05 follo￿.
Incomin8
Mov¢m¢nl
in fimds
Unrestricted
Genernl fund
(1372)
Re5trlctvJ funds
Archway Project
CIL>Te Learning Centre only
184J63
25.iKKb
{395.IW)
{210ffi37}
25
209J63
(39S.th))
{18W7)
TufAL FUNDS
217J41
(3W72)
(179WI )
¢ontinued...

THE ROMAIY BATHS FOUNDATION
NOTES TO THE FINANCIAL STATEMENfs- continued
FOR THE YEAR ENDED 31 MARCH 2021
MOVEMENT IN FUNDS- o)ntinued
com￿ratIveS for movement in fuD(
Net
movemtht
At
31.320
Atl.4.19
Unrestricted fund5
General fi]nd
72.520
7J61
79,881
Restricttd
Archway Project
484J73
(166.7471
317.6?6
TOTAL FUNDS
556,893
(159J86}
397.507
Comparative net movernellt in fill￿5, in¢luded in thealMTrve are as follows..
In￿mIng
resouJr¢s expended
Movement
tn fvod5
Unrestricted t￿ndS
Genera] fund
7.361
Restrieted funds
Archway Project
IS.￿}2
{184,8391
{166.747)
TOTAL FUNDS
(186,301)
(159.386)
A currcnt year 12 month5 and prioryear l? mondLS combined p)sttion is a5 follows:
Net
Transfas
rnovemen¢
in fimds
At
31.3.21
Ai 1.4.19
fuT
Unrestricted fuDd5
Generdl fund
72,520
13.467
(55.949)
30.038
Restritt*J funds
Archway Proje
aore Leaming Centre only
484J73
{377.3841
•5,000
55.949
162.938
25,000
484i73
55.949
187.938
TOTAL FUNDS
556,893
{i38.917}
217,976
Page 10
conlinued...

THE ROMAN BATHS FOUNDATION
NufES TO THE FINANCIAL STATEMEN75-
FOR THE YEAR ENDED31 MARCH 2021
MOVEMENT IN FUNDS- continwd
A year 12 monttLS and prior year 12 months combined nd movement in Incl￿￿￿ in the alrfTrve are
as follows..
InLx>ming
Rtsourtts Mov¢meni
in fi]nds
UDreslrieted fvnds
Generdl fvnd
16,801
{3J341
13,467
liestrlcted
Archway Project
CIorE Learning Centre only
1579.8391
1377J84}
?5.000
25.CrfJO
227.455
(579.839)
1352.384)
TOTAL FUNDS
1583.1731
1338.917)
Anhw#y Prnjert
The Archway proj￿ is the firsi projea the Found&tion is SUPWin8 through fundMsin8 to e5tsblish a ncw
Clore Learning Cenire will transforni the Romttn Baths, learnin8 offer #nd Wodd Herita8e Centre for Bath
that will t¢ a free facility forthe city.
Clore LeArnlng Ctntre only
Clore Dufficld Found￿10￿ awarded the Roman Baths Foundasion £?5.CKN) from the Clore Culturnl Le4min8
Fun¢L to &S5iSt the Romon Baths Learnin8 and P8ni¢ipAtion team with delivery of xtiviti¢s during the pandemic.
Tran$fer3 b¢¢ween fvnd•
The tr4fL5f¢r repJrsent$ 4 re¢las5ified restric*d &)rntion m&k in the fi[￿¢1￿ year ￿dIng 31 Ma￿h 2016
¥ards ihe Archway projecL
RELATED PARTY DISCLOSURES
Th¢re were trb) Mlattd pAny tyansactions for the yearathd 31 Mar¢h 2021.
Pagell

THE ROMAN BATHS FOUNDATION
DETAILED sfATEMEIYT OF FINANCIAL AcfMTIES
FOR THE YEAR EN4DED31 LMARCH 21121
2021
Ir4coME AND ENDOWMENrs
Donations and leyeles
Donations
Gift aid
26,017
898
27J28
217J41
26,915
Toiil In¢omin8 rejourtts
217J41
26.915
EXPENDITURE
isini donailons and ieyci
Fun4haisin8 costs
975
Charitable artivltles
Grants to insiiiutlons
180,4?0
Support e09ts
M9nAgemeni
Sundries
406
Finance
Bank & financ¢
420
406
Govern*Dce costs
Independent examiner
Legal fees
396
13
427
409
Tothl resources expended
396Jn
186,301
N¢t txpendltsre
{179J31)
(139,3861
This ￿ge d(￿ noi forni part of the5￿ f￿a￿lai sthtem￿ts
Pa8e 12