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2022-12-31-accounts

Reports	Reports
Reference and administrative		information	1
Trustees' report
Independent auditor's	report
Financial Statements
Statement offinancial	activities		13
Balance sheet			14
Statement ofcash flows			15
Principal accounting	policies		16
Notes to the financial	statements		19

		Trustees	Professor Paul Cartledge	Professor Paul Cartledge	Professor Paul Cartledge
			Professor Timothy	Cornell		(until 21 May
			2022)
			Ms J.Lesley Fitton	(from		11June 2022)
			Professor Roy Gibson		(from 21 May 2022)
			Dr Philip Kay
			Mr Peter Lennon
			Professor Roland Mayer
			Dr Margaret Mountford		(until 11June 2022)
	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 Box 158
			214 High Holborn
			London
			WC1V 7BX
	Investment	managers	Newton Investment	Management Limited
			BNY Mellon Centre,		160	Queen Victoria
			Street
			London
			EC4V 4LA

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			Notes	funds 6	funds 6	2022 6	funds f	funds	2021 f
Income from:
Donations			1	80,429	54,718	135,147	63,421		63,421
Charitable activities			2	287,608		287,608	276,651		276,651
Investment income				17,116		17,116	16,972		16,972
Total income				385,153	54,718	439,871	357,044		357,044
Expenditure on: Raising funds Charitable activities			3 4	8,917 325,318	53,950	8,917 379,268	8,797 308,323	28,120	8,797 336,443
Total expenditure				334,235	53,950	388,185	317,119	28,120	345,239
Net income (expenditure) transfers		before		50,918	768	51,686	39,925	(28,120)	11,805
Transfers between	funds						10,335	(10,335)
Net income (expenditure) before investment gains (losses) Net (losses) gains on investments			5 8	50,918 (52,438)	768	51,686 (52,438)	50,260 99,307	(38,455)	11,805 99,307
Net (expenditure) income movement in funds		and		(1,520)	768	(752)	149,567	(38,455)	111,112
Reconciliation of	funds:
Total funds brought	forward		12	918,745		918,745	769,178	38,455	807,633
Total funds carried forward			12	917,225	768	917,993	918,745		918,745

		Notes	2022f	2022	2021 F	2021
Fixed assets
Investments				669,443		721,881
Current assets
Debtors		9	37,297		33,070
Cash at bank and in	hand		383,635		282,963
			420,932		316,033
Creditors: amounts	falling due
within one year Net current assets		10	(172,382)	248,550	(119,169)	196,864
Total net assets				917,993		918,745
The funds ofthe charity: Unrestricted funds				917,225		918,745
Restricted fund		11		768
		12		917,993		918,745

				2022	2021
			Notes
Cash flows from operating activities: Net cash provided by operating activities			A	100,672	30,543
Net increase in cash and cash		equivalents		100,672	30,543
Cash and cash equivalents	at	1 January	B	282,963	252,420
Cash and cash equivalents	at	31 December	B	383,635	282,963

A	Reconciliation of net movement	Reconciliation of net movement	in funds to net cash provided	by operating	activities
				2022 f	2021 P
	Net income for the year			(750)	111,112
	Adjustments for: Net loss (gain) on investments (Increase) decrease in debtors Increase in creditors			52,438 (4,227) 53,213	(99,307) 3,181 15,557
	Net cash provided by operating	activities		100,672	30,543

Analsisofchanges	in cash and cash equivalents
y		2021 f	Cash flows f	2022
Cash at bank and in hand		282,963	100,672	383,635
Total cash and cash equivalents		282,963	100,672	383,635

Staff	costs for HARL com	rise:
			Total	Total
			2022	2021
HARL HARL	staff costs (recharged bookkeeping costs	from Roman Society)	16,408 4,916 21,324	15,948 5,352 21,300

nvestments
		2022f	2021 F
The movement of investments is represented Market value at 1 January Total unrealised investment (losses) gains	by:	721,881 (52,438)	622,574 99,307
Market value at 31 December		669,443	721,881
Market value at 31 December is represented BNY MFM Ltd Newton Growth Inc. Fund	by:	669,443	721,881
Historical cost at 31 December		557,842	557,842

revaluation of	the charity's l	isted invest	me	nts. Movements during	the year were as follows:
					2022	2021
					F	F
Reconciliation	ofmovements	in unrealised		gains:
Total unrealised	losses at 1 January				164,039	64,732
Add: (losses) gains arising on		revaluations	in	the year	(52,438)	99,307
Total unrealised	gains at 31 December				111,601	164,039

Debtors
				Total	Total
				2022	2021
					F
Prepayments	and	accrued	income	37,297 37,297	33,070 33,070

Creditors: amounts	falling due	within one year
			Total	Total
			2022f	2021 F
Tax and social security Due to the Society for Due to the Society for Accruals	creditor the Promotion the Promotion	ofHellenic Studies of Roman Studies	16,683 48,626 63,926 43,147	13,534 29,450 33,942 42,243
			172,382	119,169

Restricted	funds
								Balance
				Balance at				at 31
				1 January 2022	Income	Expenditure	Transfers	December 2022
						E
Leventis Scanner Operator			Fund		29,231	(28,463)		768
Winnington	Ingram	Fund			25,487 54,718	(25,487) (53,950)		768

							Balance
			Balance at				at 31
			1Janua~				December
			2021	Income	Expenditure	Transfers	2021
Classical	Association	Fund	15,903			(15,903)
Leventl's	Scanner Operator Fund		22,552		(28,120)	5,568
			38,455		(28,120)	(10,335)

Analysis of net asset	s between fun	ds
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds	2022	funds	funds	2021
	E	F	F	F	F	F
Fixed asset investments	669,443		669,443	721,881		721,881
Current assets	420,164	768	420,932	316,033		316,033
Current liabilities	(172,382)		(172,382)	(119,169)		(119,169)
Net assets at 31 December	917,225	768	917,993	918,745		918,745