|Reports|Reports|Reports||| |---|---|---|---|---| |Reference and administrative|||information|1| |Trustees'|report|||| |Independent
auditor's||report||| |Financial|Statements|||| |Statement|offinancial|activities||14| |Balance sheet||||15| |Statement|ofcash flows|||16| |Principal|accounting|policies||17| |Notes to|the financial|statements||20| ## |||Trustees|Professor Paul Cartledge|Professor Paul Cartledge|Professor Paul Cartledge|| |---|---|---|---|---|---|---| ||||Professor Timothy||Cornell|| ||||Dr Philip Kay|||| ||||Mr Peter Lennon|||| ||||Professor Roland|Mayer||| ||||Dr Margaret
Mountford|||| ||Company|Secretary|Dr Fiona Haarer|||| ||Principal office||Senate House|||| ||||Malet Street|||| ||||London|||| ||||WC1E 7HU|||| |Company|registration|number|09212403|||| |Charity|registration|number|1163798|||| |||Auditor|Buzzacott LLP|||| ||||130Wood Street|||| ||||London|||| ||||EC2V 6DL|||| |||Bankers|NatWest Bank pic|||| ||||Bloomsbury,
Parr's||Branch|| ||||PO Box158|||| ||||214 High Holborn|||| ||||London|||| ||||WC1V 7BX|||| ||Investment|managers|Newton
Investment||Management|Limited| ||||BNY Mellon Centre, 160Queen|||Victoria| ||||Street|||| ||||London|||| ||||EC4V 4LA|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||||funds|funds|2021|funds|funds|| |||||Notes|f|||||| |income from:||||||||||| |Donations||||1|63,421||63,421|49,015|30,398|79,413| |Charitable
activities||||2|276,651||276,651|251,160||251,160| |Investment
income|||||16,972||16,972|13,911||13,911| |Total income|||||357,044||357,044|314,086|30,398|344,484| |Expenditure
on:||||||||||| |Raising funds||||3|8,797||8,797|9,841||9,841| |Charitable
activities||||4|308,323|28,120|336,443|276,062|22,278|298,340| |Total expenditure|||||317,119|28,120|345,239|285,903|22,278|308,181| |Net income (expenditure)
transfers|||before||39,925|(28,120)|11,805|28,183|8,120|36,303| |Transfers
between|funds||||10,335|(10,335)||||| |Net income (expenditure)
investment
gains (losses)|||before|5|50,260|(38,455)|11,805|28,183|8,120|36,303| |Net gains (losses)|on investments|||8|99,307||99,307|(3,396)||(3,396)| |Net income (expenditure)
movement
in funds|||and||149,567|(38,455)|111,112|24,787|8,120|32,907| |Reconciliation
of|funds:|||||||||| |Total funds brought||forward||12|769,178|38,455|807,633|744,391|30,335|774,726| |Total funds carried||forward||12|918,745||918,745|769,178|38,455|807,633| ## |||||2021|2021|2020|2020| |---|---|---|---|---|---|---|---| ||||Notes||||E| |Fixed assets|||||||| |Investments|||||721,881||622,574| |Current assets|||||||| |Debtors|||9|33,070||36,251|| |Cash at bank and|in|hand||282,963||252,420|| ||||||316,033||288,671| |Creditors: amounts||falling due|||||| |within one year|||10|(119,169)||(103,612)|| |Net current assets|||||196,864||185,059| |Total net assets|||||918,745||807,633| |The funds ofthe|charity:||||||| |Unrestricted
funds|||||918,745||769,178| |Restricted
fund|||11||||38,455| ||||12||918,745||807,633| |||||2021|2020| |---|---|---|---|---|---| ||||Notes||| |Cash flows from operating|activities:||||| |Net cash provided
by operating||activities|A|30,543|49,552| |Cash flows from investing|activities:||||| |Purchase ofinvestments|||||(2,079)| |Net cash used in investing|activities||||(2,079)| |Net increase
in cash and cash||equivalents||30,543|47,473| |Cash and cash equivalents|at|1 January|B|252,420|204,947| |Cash and cash equivalents|at|31 December|B|282,963|252,420| |A|Reconciliation
of|Reconciliation
of|net movement|net movement|in funds to net cash provided|by operating|activities| |---|---|---|---|---|---|---|---| |||||||2021|2020| ||||||||F| ||Net income for the year|||||111,112|32,907| ||Adjustments
for:||||||| ||Net (gain)|loss on investments||||(99,307)|3,396| ||Decrease|(increase)|in debtors|||3,181|(20,130)| ||increase|in creditors||||15,557|33,379| ||Net cash|provided|by operating|activities||30,543|49,552| ## |Anal|ysis ofchanges
in cash and cash eq|uivalents||| |---|---|---|---|---| |||2020|Cash flows|2021| |Cash|at bank and in hand|252,420|30,543|282,963| |Total|cash and cash equivalents|252,420|30,543|282,963| ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations||||||| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||funds|funds|2021|funds|funds|2020| ||||F|E|E|E| |Donations|39,091||39,091|42,356||42,356| |Gift aid on donations|9,330||9,330|6,659||6,659| |Grants|15,000||15,000||30,398|30,398| ||63,421||63,421|49,015|30,398|79,413| ## |Income from charitable|activities|||||| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||funds|funds
E|2021
f|funds|funds|2020
F| |Fees charged to Roman
and Hellenic Societies|273,855||273,855|249,180||249,180| |Fines|44||44|384||384| |Photocopying|122||122|132||132| |Scanning|434||434|185||185| |Postage|2,196||2,196|1,279||1,279| ||276,651||276,651|251,160||251,160| ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds|2021|funds|funds|2020| ||||F|E||f.|F| |Fundraising|expenses|823||823|1,261||1,261| |Personnel|costs (note 6)|7,974||7,974|8,580||8,580| |||8,797||8,797|9,841||9,841| ## ## |Expenditure
on charit|able
activities||||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||fundsf|funds|2021
E|2020| |Direct|||||| |Librarian charges||255,730||255,730|226,997| |Service charge||21,561||21,561|21,117| |Leventis scanner operator|||28,120|28,120|22,278| |Support
Personnel costs (note 6)||7,974||7,974|8,580| |Printing
and stationery||60||60|162| |Postage
Bank charges||3,682
591||3,682
591|1,660
557| |Other expenses||35||35|42| |Bookkeeping
(SPHS)
Bookkeeping (SPRS)||3,425
3,708||3,425
3,708|2,378
4,735| |Governance:|||||| |.Auditor's
remuneration|(note 5)|6,205||6,205|7,005| |. Bookkeeping
(note 6)||5,352||5,352|2,829| |||308,323|28,120|336443|298 340| ## ## |Net inco|me before investme|nt
gains (losses)||| |---|---|---|---|---| ||||Total|Total| ||||2021|2020| |This is stated after charging:||||| |Auditor's|remuneration|||| |. Current
.Taxation|year
services||6,005
200|5,805
1,200| ## |Staff costs and remuneration
of key management
pe|rsonnel|| |---|---|---| ||Total|Total| ||2021|2020| |The total staff costs were as follows:||| |Salaries|17,303|15,696| |Social security costs
Pension contributions|1,465
2,532|1,578
2,715| ||21,300|19,989| |2021|2020| |---|---| |No.|No.| ## ## |||||Total|Total| |---|---|---|---|---|---| |||||2021|2020| |||||E|| |HARL|staff costs (recharged||from Roman Society)|15,948|17,160| |HARL|bookkeeping|costs||5,352|2,829| |||||21,300|19,989| ## ## ## |Investments||||| |---|---|---|---|---| ||||2021|2020| ||||E|E| |The movement
ofinvestments|is represented|by:||| |Market value at 1 January|||622,574|623,891| |Additions||||2,079| |Total unrealised
investment
gains (losses)|||99,307|(3,396)| |Market value at 31 December|||721,881|622,574| |Market value at 31 December|is represented|by:||| |BNY MFM Ltd Newton
Growth|Inc. Fund||721,881|622,574| |Historical cost at 31 December|||557,842|557,842| |revaluation
of|the cha|rity's
l|isted|inv|estments.
Movements
during
|the year were as follows:|| |---|---|---|---|---|---|---|---| |||||||2021|2020| ||||||||F| |Reconciliation|ofmovements||in unrealised
gains:||||| |Total unrealised|losses at 1 January|||||64,732|68,128| |Add: (losses) gains arising on|||revaluations
in the year|||99,307|(3,396)| |Total unrealised|gains|at 31 December||||164,039|64,732| |Debtors|||||||| |||||||Total|Total| |||||||2021|2020| ||||||||E| |Due from the Society for the Promotion|||||of Roman Studies||26,864| |Prepayments
and accrued income||||||33,070|9,387| |||||||33,070|36,251| |Creditors: amounts||falling|due|within one year|||| |||||||Total|Total| |||||||2021|2020| ||||||||F| |Trade creditors|||||||50,453| |Tax and social|security|creditor||||13,534|13,582| |Due to the Society for the Promotion||||of|Hellenic Studies|29,450|22,066| |Due to the Society for the Promotion||||of|Roman Studies|33,942|| |Accruals||||||42,243|17,511| |||||||119,169|103,612| ## ## ## |Restrict|ed funds|||||||| |---|---|---|---|---|---|---|---|---| |||||||||Balance| |||||Balance at||||at 31| |||||1 January||||December| |||||2021|Income|Expenditure|Transfers|2021| ||||||E|||E| |Classical|Association|Fund||15,903|||(15,903)|| |Leventis|Scanner Operator||Fund|22,552||(28,120)|5,568|| |||||38,455||(28,120)|(10,335)|| |||||||||Balance| |||||Balance at||||at 31| |||||1 January||||December| |||||2020
f.|Income
F|Expenditure
f.|Transfers
F|2020f| |Classical|Association|Fund||15,903||||15,903| |Leventis|Scanner Operator||Fund|14,432|30,398|(22,278)||22,552| |||||30,335|30,398|(22,278)||38,455| ## ## |12|Analysis of net assets|between funds|||||| |---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |||funds|funds|2021|funds|funds|2020| |||||E|f.||| ||Fixed asset investments|721,881||721,881|622,574||622,574| ||Current assets|316,033||316,033|250,216|38,455|288,671| ||Current
liabilities|(119,169)||(119,169)|(103,612)||(103,612)| ||Net assets||||||| ||at 31 December|918,745||918,745|769,178|38,455|807,633| ## ## ## ## ##