charity 61stration number.. 11703B2 British Association for American Studies Annual Report anfl Financièl Statements for the Year Ended 31 L)ecembp2 2023
British Association lor American Studies Contertts Reference and Admlnistrative DeraiL% Trustees, Ileport 2to15 stateent of Trustee5' Responsibilltles 16 Independeni ExamineI5 Repurt statement of Financial Activlties 18 Balance sheet 19 Note5 tuthe Finanual StatÈments 20to32
British Association.for AmerScan Studles Reference and Administrative Details Trustee$ DrG M Lennon Dr R L Faretirother Dr MA Mclay LlrRJADini Dr L Withal Dr A M Fearnlev r E Oevienne EAHall Dr C M Armstrong DF S 3 Thelen C Dosse DT E Brady Dr C Lloyd Dr K Ballantyne Dr H Emme¢t afityReg15tration Number 1170382 Prlndpal offlce Department o* Hum3nitleS unver$itY of Roehampton Roeharnplon Lane London SW15 SPU Independent E%8mineT The Moffatts Panner5hip LLP suite 1.1, Jackson HOSe 5sbson Road Sale M33 7RR Page I
British Association forAmerican Studies Trustee5' Report The twstees presebt thé annu81 report tog8tber With the finanelal staiements of ihe charlry lor the year ended YI December 2Q23. Structuret governance and martayment Nature of gowerning document The Brftish Association of AmericaTh swdie5 Constitution was adopted on 2nd April 1990. In May 1991 Ihe Association was registered with the Charities Comrnission IreEistration number.. 10028161. In November 2016 the Association changed it5 legal Status. re&stering as a Charitable Incorporated Organis100 Ireglstratton number? 11703821. Recrultment ondoppolntmentof tntstees At each annu31 election three ordinary member5 are elected tll hold oftice for three years. Each YEar. around the Annual GEneral Meeting, the three committee Members who have completed their term of office v2tatE their place5 and may offer themselves for Ttrelection. No person rnay Serve contlJUDusly as an elected member of the Comrnittee far more tha seven year5. Candidates for elpctlon 35 members of the Committee rnust be able to complete the projected term without breachin6 thi5 seven year tutal. Havin8 reached the term limit, a year must e13pse bpfore a candidate may stand a83in for mErnbEr5hip of the CurnmittÈe. The Editor15 of the Joumal of American St14dies, rf not already a member Df the committee, w411 be a member, ex 01clo. Offjonisationol strtscturè The business of ihe Association is carried out by an Executlve committèe Itrusiee51. This Cofflmittee con515ts of three officers ICh31r, Secretary and TreaSUrI together wlih nlne members and one post8raduate 5tULlenr representative and one early career representative who are norninated, seconded and elected arovnd the Annual General meetin£ of the Assoc4atlort. Membership Membership of the Assoclation atso includes a membership subscription to the European A5SOtsatiun of Amerlca Studies. A representative is elecied by the ASSOtlation arthe Annual GerEeral Meeting to s8rve Oh the European Associarion for American Siudies committee for five years. This represen13[ve 5g èlso 3 member of thè Briiish AssoEiatlDn foT American siudles Commltree. The Association h3S Standln8 orders which speclfy the Compotion and conduct of 3 serles of sub-committees with spe£ific area5 .01 responsll)Ility. These are: .Publlcoifons, Development and Educ8tion, Awatds attd Conference gub-commiffees. Page 2
British Associatlon for American Studles Trustees, Report RelationshTp5 with related parrl&f 8AA5 Publlcatlons LlmitÈd A trading subsidiary of th.e ¢harSty. Objettives and acii¥ff(ies Objetts QnLI aim5 The purpose of the CIO shall be the advancemÈnt af educatiDn through the promotton of kniÈritan studies for the public benefit by all or any oFthe following meaos.. the encouragement of re5earth, teaching, Éducation and publicationTr particularfy in the LlK,- the holding of Americaii 5tudies.conferences', the callection 2nd preseNatioft ol doturnellt5 and artefact5 relating ID the Unlted states In the UK; the support of acce5S to archives and information about the United States,. the broadening of knowledge about the United St8te5 Wthin the UK. the pursuit of any other activities promotingAmeriran Studies as thetrustees m3y decide. The trustees have complied with the duty in Sl? of the Choritie5 Act 2011 to have re8ard to the publ¢ benèfit guidance published bythe charity Cornmi55ion. Holding tonferenos lan annval conference and numerous 5m3ller confrrence5 at venues around the UK on speeialiied US resEarch or issues); promotlng the work of the lourhal of American Studies,. book public6tion,' JpporUn8 access ro and preservaknort of Us-rdaied wearch materials in the UK.. 5UPPOrt for Brit15h students and scholars to travel ifj the United State5,- promoiin£ American Studies actlvities vi8 a website ane newsletter and dministering a 13rBe number awards that promote the study of the US in the UK. In furtherance of these objettiveg the trustee5 ensured that.. BAAS Inaintalns a website avallable to both Its membership anLI the publlc. The BAAS webs2te provi(Jes unresvlcted Ilnks io other key electronlc r£sources lor tht advancemènt of educatlon in the area of American studles. BAAS member5hlp is open to anyonp wth a genra1 Snterest, as well as a commitment to research, in the area of Amerlcan studies. Sub5idised rates are availablefor postgraduates, unwagÈd and retired 5obscriber5. BAAS offers a seri of grants and awards each year (see Achlevements and Performance beIowl. Requests for grants for conference sgpporr are made to the Conference and Awards sub-committees and considered at sub-commvtee and exeC1ve rneetlngs on the basis ofthelr releènte to the Assotxstion'.s oblettlves. The wariou5 awards are coinpetltjve and Judged by Committee members and members of the sublect community in'the VX, BAAS is commitment to Incorporadng etmtallty and diversity into all aspects of its work. Public benefit The activities undertakery to further public benefit are mentioned above in objects and aims. The trJJstÈes conflrm that they have complied wtth the requirements of sectlon 17 of the Charitles Act 2011 ro have due regartl ro the publlc beneflr 8uidance published by the Charlty Commlsslon forEn&land'and Wales. Page.3
British Association for American Studies Tru5tee5' Réport Achievements and performance Activities of notein 2023 2023 marked a dlfficuk ye3r for American Studies in Ihe UK. AmÈrican 5Ludies undergrqduate programmes werecut or d05ed at several un&ver51ties, indudin8 at the University ¢Trf E85t Angli8 and the University of Hull. BAAS wtsrked closely with the Arts 3nd HuManitT Alliance and UKCASA where these.iSSL¥es were also being dixu55ed inrelation to the Arrs and Humanities more broadlyi and wrote to relevant Vice Chancellors in support ol American studies as 3 sl8nific3nt field ol study. We reco8Q15e that it is intumbent on BAAS to thTnk about. how we can keep Ameri£an Studies 31ive in our research, our teachin8, and our publit engagement in spite of these closuTe& Begun in 2022 BAAS continues to f3cilitatE ari online Space u51t58 our Zoom license wh2re those in le8ding role5 in the UKAmerican Studies cOmmuntY can disCUSS i5sues.ol common contem aad wh BAAS can do ro 5UPPOrt them. aswell zs 5hariD8 practice and poolin8 re5ource5. 8AAS continues to vjork tlosÈW with key st2keholders beyond Higher Education. most notably the US Ewbassy IL¥ndun and the Ectles £èntre Ét the British tibrary, to further 5UPPOrt the develogment of American Studies. In2Q23 members Df the BAAS Ekecutive Committee met with the Director of the Eccles Centre and di5CU55ed a r8ngÈ of ideas, including bèttor regourco sh8r4ng across our respectiye webstte5. ensuring that BA45 1nttiatVe5 oreadvertised at Eccl@s @vents artd vice versa. KQost significantly, we agKEed to establish an £ccles-BMS public eng3gementtsl series I"America Now°l. to be laTrJnche¢J in 2024. In 2023 BAAS also tonsulted on a range of sector-wide initièti¥es related to Arta Studies, most notably the Consultation the ReseaFch Exce51ence Framework IREFI 2029, ill whith we supported the continuation of 3n Areastudies ArEa Df Assessment and also cornmented otF the proposal's potenti31 irnpact on equality, diversity, an precèrity in the Sector. The Chair of BAAS participateda5 a ponel member in the update of the Area Studie5 Subjett Benchmark Staternent by the Quality A55ur3nce Agencv. BAA5 hosted our annu&l conterence ?t Keele Unlverslty Tn Aprll 2023. Thls was a hybrid event which drew on some of the good prattice we learned from the 2021 DSgital Conference. We continued to fund T8rEeted Resèarch Panels that 5UPPOrt promote and featu the produttion ot research by and at>out people of colour. LGBTQ+communsties énd disability comtnunjtle Through Targeted Research Panels, BAAS £eek5 to provide opportunltlES to foster and forward iesÈarch that atrendsto and includes hIstOriC81 marglnaltsed communities and supports scholars without reKularised ih5t¢tutlonal support, Followng the establishment of our Code of Conduct in 2022. In 2023 BAAS developed a robust rÈportlnE procedure. which indudes both anonymou5 and nanied reporting options both online and in-perwn at events, and aprrf)inted a Code of ConductTearn to handle Teports. In 2023 we took the declsion as an Fxettjtive Committee Iratiffed at our AGMI tD make one in three of our annual conferences a dieltal-only conferencè, in order to further our commltment to environmental sustainatyillty. This wlll lake place in April 2024. We also tontinued io supwrt our ongolnE commitment to SUSt3lnèbilily and inclusitrity through Ihe BAAS Award5 Progtathme, and our support for inltlatives relatlnE io American Studles researth, pedagogy, or career development or the development of neiworks or other or£anisations that support American Studles scholar5, through the BA4S Devélopment Fund. Paee 4
British Association for Amertcan Studies Trustees, Report Finala1 reviev4 Fortheyear.ended 31 Decetnbér 2023 total in£(yming resources amountèd to £114.38312022: £210,484). Yotsl resources eKpended for the year amoufttedto £164,17812022: £208',4561, The net result for the year was a defidt of £49,79512022'. surplus E2,0281 leaving total retsineij funds of £305,824 12Q22: £356.6191 aril(e Ènd of the year. All of the retained lunds lèted to unrestrlcted funds. Polity on rÈsetves It 15 the policy trf the charity to maintain general. unrestricted funds at a level which equates to 7pproximately 18 tnonths. unrestricted expenditure. Thi5 provide3 sufficient funds to cover mafiagemert and administration and support costs, Unrestricted fundsare maintoined at leas18t thi% level ihroughotst the year. Prindpalfundlngsources The Association's main 5DufcE of income 15 mErnbeFship $ub5criptlQD5 3nd, wa it5 trading arm IBA45 PublicatlOn5 Ltdl, royalty payment5 from Carnbridge ljniversity Press for the Journal ol Ameri£3n Studie5. It also receive5 donations and some incorne from advert15ing in its new51etters. ?nd royaltlP5 from Edinburgh University Press far Ihp BAAS.paperbacks series, from eRRAM on the sale of Arnerican Studies microfilms and diBital resources, and from thè Publi5hÈrs Licensing Society. Plans forfuiure perlod5 AlMsondkeyobje¢tivesfvrlreperkJds We WUI Continue to develop our adminlxrative practices ènd proteduTe& In with our plans to prolÈssionalisÈ the admÉnistrgtion of the organisatlon and ensure compliance wth relevant legislation. To this end wé plan to appoint an Adminisirdtion Manager to SUPPOrt the Chair atEd othèr officers wlih the smooth runnin8 of BAAS, and will ensure thal all admlnistrative attSvltles are carried otst effltienity and efféttively to enable BAAS to fulfil Its obltg8tions to. Its membETS and carry out Its charltable activities. The "America No. series, to be co-bosted with the Ettles Centre at the British knbrary, wlll be launthed at our 2024 Oigital Conference in Aprll. on the toplc of "The Fallout from BarbÈnhelmer." The second event Is planned for June 20Z4 at the British Library the toplc of TaylorSwifL. BAAS wlll contlnuo to work to broaden otsr 8ender and racial Iiiclusion and ensure that all coll&38ues feel welcomed 8nd areinvDed tn our events and attiyiues, provide support frjr post8raduate students and earlycareer cademics, and make our Event5 rn0 acc¢sslble to stholar5 With disabllities or those wth carlns responsibilstl25. and so on. To thts 'end In 2024 we intend to add èn Equality, Diversity and Inclusion 'Le3d to our ExecutNe Committee as one of our Ordlttary Members. Page 5
Brltlsh Association for.Americ.an Studles Trustees, Report BAA5 will contlryue to work to ensure our work and our eveftis pre enwronmtntally su5taiDablÈ. To this end, In 20241we will host our 69th Annual Conferpncp as 8 digital only conteFence. In 2023 BAAS established Teaching Award5 to supplement our Awbrds for research aotlvSty 3niJ excEllÈnce In publsc3tions. These will rECO8nise the excellent work done by 8AAS members in the HE classroom. and the firsr award5 will be advertlSEd in 2024. In 2024 BAAS wll apply to the US Embassy London to continue to hosr the BAA.¥us Embassy Small Gian15 ProBrarnme, in order to enable BAAS to continue to distribute fu)dinE.in 5UPPQrt of Us-llnked educational events and activities sn iJK. BAASIUS Embassy Small Grants programme Durine 2023 BAAS was responslble for admini%térlngthe Small Grants Pro8ramme on behalf of the US Emb35s¥ in London following the award of a block Erantr, this programme Involves di5tributinB fundin8 in sLspport of US4inked ducatlonfil events and 8ctlvFties In the UK The projects awardèd fundine covered a ranae of activitie5 thBt promoted Amerlcan Studies rjr enhanced the understanding of the USA the UK. The 8Tant concluded in DeCemr 2023. The majortty of the" grant spendlng in 2023 was to SUPIX)ft ihe Arnerican Polstics Group for FleEional SpeakerSeAe5. Subcommilte• Actlvities Development and Educatlon Subtommittee. 8AAS Development Fund The fvnd oflers 8r3nts for up to 3 maximum of £2DOO for 3 range oFAEnerican Studies academ¥c 8ctivitie5 that seek develop Americ3n Studits scholarly communities, including Ibut not lirpitpd tol= The organis3tion of conferences,. rneefings and events includin8 honoraria for speakers The e5tabii5hrnent t>f new network5 or other or8?ni5ations • WDrkshap5. writins rEtreats, and rEadins groups SchoDIs Diilreaih and activitie5 * Diversity and inilusion initiative5 Df establi5hpd netWDrks or other or8anisation5 Sustainabilit¥ initiatives of est&bli%hÈd neiworksnr other organis3tions Pa8e 6
Brltlsh Assoclation for Amerlcan Studies Trustees, Report In 2023 the Development Fund awarded 14 grants.. Lydia Davi5 in Context1£12501 Ch8rle$ 8rockden Brown Society Bienni31 Symposium1£10501 4 Pro and Anti~War Voices (conference and exhibitionl1£15001 HOTaJs annual conference I£IOODI The Many Afterlive5 oif Disco conterence1£4001 The 2023 AmericsH.Politiis Group/8ritish Association of Amerrican Studies Annual Symp051um1£6001 Aa(Jical Print Culture5 of the US South conference {£6001 USSO Book Huuw1£10501 Reading America, Read¥ng LonEltne55 Prison Book Groups at HMP Hull & HMP Full Sutton i£00) Elitpbeth Bishop in Glasllow.. A Symposium1£6501 Rasanblaj Fanm.. Stories ol Haitian Womanhood, Past Present attd Future1£19901 Cultur81 Connections: Transatlarttic Literary Women Serses IE6501 CeltbratinE Masterjuba.. A bicentennial annwersbry for the birth the first transatlantlC"13p dancer" (£6401 Historical Roots, 0er Aealities.. Natioftalism Across the Amerits&1È3501 Teathing American Studies Network The Teaching American StTAies Network, founded in 2020. organisL* event5 to 5UPPOrt rnembers in developlng thelr teaching. A steerin8 grotsp, led by Lydia Plath, gverste5 the work of the netwDrk. The tollowlng eyents took pl8ce In 2023.. Readlng group on bell hooks's Teaching to Trans8re55 led by Michelle Coghlan (Manchesterl and Nick Grant IUEAI 127January 2U231 PedaEoEY in a Cost of Liv(#g Crisis124March 20231 - TASN held two panels atthe BAAS conference In Keele April 2023, one un Lydia Plath and Me6an Hunvs edited collectlon of essays on teaching" Amerlon 5tudie5 rn the LIK. ond the other on managillg WDrkload5 and e%pectations in American Studies HE. - Workshop on Al led by sarah Thelen Iuniverstty CollEge Corkl115June 20231 - Reading Group on Kevin Gannon's Rtdical Hope.. A Teaching Manifesto119 January 20241 Upctsmine eyents include a TASN networking sesslon at the BAAS Digital Conference110-12 Aprtl 2ff241, which will take the forni of é wtsrkshop organ15ed by Sarah Thelen on Al and A55¢S5ment. In future. the TASN seeks to develop an established progratnme of events ea£h year rather than 3chedulingthem ad hoc. Pa8e 7
Brltlsh A55ociatlon foi American Studie5 Trustees, Report SchaDIs Working Group ThÈ 'Bridging the ResourcES Gap, projett, which ha5 been coordinated bv Emlly Brady and Efrtn)a Hall witli support from Kei5ha Bruce ond Katharina Donn, ha5 treated rnlni-lecture5, resourc pack5. alumni profile5, and an advocacy toolktt for teacher5 and career% advtsors that has p05led orl the W website to boost tho profile of American StudiE5 in Ihe UK. . Andrew Feamley orsanised a successful Schools Conference In Manchester on Friday 13 OcEobÈr 2023. 7 schools attended. wth 100 Individual reKistrations. The aim is to make the confèrence èn annval evÈllt. Padfly And¢1C INorthumbr¥al has kindly agr.eed to wn the BAAS Schoots corlference at f4orthumbri? in 21r24. The fitst issue ol O'er the Ramparts, a biafjnu815chooIs newsleiter edited by Adam Byrns and Andrew Fearnley, was published in the summer of 2023. BAAS ha5 long been commtited to ensurlng rhe promoTlon and Success ol American Studies at B¢ltish scliools and colleagu. In the past few years, our efforts h3ve expanded to Include an annual bAAS schoots conference, bi-annual schools newsletter aimed at secondarv educètor, and a network of ieachets inierested thn thè study of the Amerlcas. and offering taiIored lonlinel activtiies for them. The BAA5 Executive has approved r£nB-fencÉd funding1£21XMJ per annuml fortbese actlVitie& from 2024-25. Be¥ond Academla Iindependent Stholar/ Alternaiive Afademl¢ Network Katharin8 Dorbn has established a 8AAS Beyond academla network. The network's fir5l rneetln8 in Oitober 2023 hlghlighred some Shared conterns, intluding practlcal issues related to being a affiliated researcher, and an appreciation rh3t regearchers from beyond academia bring unique perspe¢tfv ihat enii£h iheii wDrk as sGholars: Upcoming events includè an online roundtable for members of the network, and 3 nelworking eveDt ot thp disltal conferertcè in Aprfl 2024. Green BAA5 Green BA4S, whlch Is led by Elsa Devienne and Rebecca Tillett. was founded in 2019 to re5polld tu incrÈ3sing coocevns about the environment and the United States, relatlonship to ¢lim3te change, and to consider and direct the chanees thai BAAS can make ro contribure to collecrive 8lohal cliiD3te action. BAAS is holdin8 tt5 2024 annual conference oiiline as part of its cornmiiment to lowerine its Carbon emi55I0n5. The BAAS executivÈ committee Iwtth approval froFll the mernbership in Keele at the 2023 8enerHI rneetlll8} h 3s 38rÉed to OanIse its annual conference orblineevery three years. The 2023 conterence featured a Green BAAS panel Elltitled 'New Research in EnvirDnmÈntal Arnerican Studies.. 'CODE RE[) for ArneriEan Studies,. the roundtable that Els3 Oevienne or8ani5ed lor the BAAS conference in Htsll v435 publi5heiJ the 5erond 2022 155ue of the OPEn 3cce55 Americ8n Siudie5 journal Tr8ns&t13ntica. Page 8
Brftlsh Association for American Studies
Tru5toes' Report
PublKJtions and Knowledge Exchange Sub-CDmmitlee
Reportfrom JAS edit0r5.lnhjeE
The IAS editors-in
Brltlsh A55ociation for American Studles Trustees, Report Three board member5 IPrDf Julia LeydÈ, PrDf Nicole Kiii& and Dr Fionnghuala 5weeneyl a srepping down, The editors-ln-chief are lookin8 fLSr nomination& from board member5 for replacement5, These should be schglars wh.o are 51k2 to make full and prtxlucLive ContriblonS to the screenins and peer reve processes, and be èbltt to contribute in ima8ln&tive ways to (fiscussion of JAS'5 Intellectual direction. The jour.nal is especlally keen to diver5ifyin8 the rnBkE-UP (rf thÈ board by includin{ more people of colour lit5 teplesentation on thi¥ front as of I December 2023 was ei8ht members of a tot31 of 261, aPPDsnting further board members from mainland Eyrope l.they have 3 continuing members from this geographic areal, and board members based in A51a. Afrlca, and South Ameri£a - areas from which thw ctsrrently have no serving members. They ère espe¢lal interestè.d In expen5 in tweAtieth<Èntury Black studies (with expert15e in the twenty-first ceri¢ury dESirablel, Queer StudieslQueer ThÈory, and Popular Cinema and/or Hollywood, but also wekome 5uggutions"Df exceptlonal candidates outslde of these a35. Approval for the final twv noniinations wll be going to the BAA5 exea Report Irom JAS zssociate editors It's been a very successful year. The virtual ents[See 2023.09.29 PKE RepL¥rt for more detai151 the ediiors ran ent very well. They have submitted a full report obovi these to the JAS Board. A number of iniriNes are forthcomirsg or in PTes5'. Roundtable.. Film120241 Aoundtable.. French FaulktTrer Criticism120241 Roundtable.. Teaching ThE Great Gatsby120251 IThis will sollclt contrlbutlons frorn staff In schoo1517 Rounthable or special 5ectionlfocv5 on presidential elettions afid candidates Tn Amerfcan litei3turè to follow the £le¢tion'24. Roundtable.. women ofthe Gullded A8e120251 RecrultlnE reviewers continues.to be a challenge. They are address thls by approaching more peotsle. especlally at HBCUS IhI5torlcally Black tolleges and uftlversStles1 and they a dlscu55ing social media ID promoie the A2ewS 5eciion and recruit reeWers. They've managed to 6ec¢Jre a reviewer for ihe fsrgt volume of the twtrvolume collecdon of Angela DavL4'5 essays, Abollt&on'. PolitScs, Prattices, Prom15es. They are'publishing Mia Blaine¥'s award-winning essay. °Hangin8 by 3 Thread- Thè Natlonal Memorlal for Peace and Jugtice and thè Complexities of Memor£11s1ng and Mournin8 Lynching in Americè" in the 58.1 tssue In 2024, under the iitle "Eyes on the Prize: Spotlight on BIPOC Scholar AchievemenL" Blèlney's plece won the 2(>23 BrIth Amerlcan Nineteenth Century Hlstorlans'18rANCHI HarrietTubm3n Essay Prfze. New content ctiming.AJP In the Reviews 5e¢tion also indudèsa serie5 of sh()rt essays respondlng to the Reparions project and a series of essays on J. i£Jg3rt. Reportfrorn Crttkal Insl8hrs In Amerlcan Studies (formerly BAAS Paperbacks) The serie5 edltors, Martin Halllwel and Joe Street, a tUrntlY evaluating the proptrsal for an excltlng collection on Teaching ArneTi£aN Studles and hope ID reCee a manu5crlpi Oh American Poetry later in rhe 2023-2024 aE3deniic ¥&ar. ThÈy are also looklng forward to the publication of the Stsrrup/orr collettion, The C3n3d&US Border, in February 2024. They've noted that there Is more in thé ppelINe, but they cannot ieport on it yet. Pa8è 10
British As50clafjon for Amerlcan Studles Trustees, Report RÈpDrtfrom USSO The ¢o-Èdittsrs, Robyn Shooter and France Rowbottom. will be puttin8 out a call in February for a new EvEnt5 Editor to replace Tom Cryer. They expert interview5 to take place in mid-march. I (Rachelel and the PKE Peputy-chair, Kathryn Gray. will be on the hiring panel. Setond joint BAASIJAS ECA Academic Artle Oevelopment Workshop iterations report and reflection5 for future The 5e¢ond iterètion of the BAA5/JAS ECA Academic Arricle Development Workshop Iwhirh dèbuted on 7 September 2023 at the London hub of Aoyal Htsllowayl took place on Zoom on 11 January 2024. My co-or8dni5er5 Dr Emily Br8dy (former BAAS Early Careef Aepl end nr Chyisline Okoth loutgoing BAAS Equality, DNersityJ and InElusiviiy Repl have ideas about how this iniTrative might evolve once all thTee Df u5 have left our posts11 stand dtswTr irF April 20241. I'll first provide a 5uminary of the 11 lan event and then elaborate on possible dlrettiorTr$ for the initiative. The worbhop was Original intended to tske place at the London hum ol Coventry Utilversity las l am a membèr of staFf at Coventry itself). The announ£ement of planned tube strikes led TJS to plvot onlllle. The strikes were then callEd off, tsut we chose to keep the event onllne. havlng already cancelled the catering antj informed the paTticipanl'S of the change. Thi5 format w(>rked well Insofar as all but one of our Speakers wa5 havingto participate motelY anywayi and the hybrid format in September had been qulte trlcky to navigate. 11 W35 aL%o helpful for the org3nT5er5= beingspared travel and organi5ing on51te logistics the week before the start of term was a weltome surpri5el However, the participant5 lost out on the opportunlty to network (apary from in a separate zoom room wegave them to mingle forthe firtt half hour of the dayl, share lunch, or89 ourtogèther afterwards. Ihere were six attendees from universities in the US, Scotland, and England It)amely. Universlty of St Andre¥¢s. Llniversity of Leed5, two from5ussex University. 4nd Universlty ol Yorkl aswell as an independent scholar. The speakers were Dr Will Norm8n on th¥ 5tJbmlsslOn to final artide plpellne, JAS'5 Kltsion, and peer review", Dr SS¥nf5rè Smitli (editor of Early iimerican 'rerature} on working In academlc pub115hing as a woman of colour and unpacking peer review,. Dr Dèrren Oochuk and Mr seèn Aeair5ng Ico-editors Df Modern AmèFican History) on how to pitch an academic article; Prof Martln Paul Eve Ifomier dlrettor of the On Ubrary of the Humanitles and expert in open acce55 publi5hingl,' and Emily, christinÈ, and I IRacbelel"on their experiences of pitchlng, proc255Fn8 leedb4ck, and planning outputs In relation to bigger pmjects and deparrlnental priorltles as well as feconolin8 personal priorities and toreer Eoals Wth the ever-shrfting goal posts of the current academic land5¢ape. One point al di5CV5510n. a5 Wlth the lèst workshop, concerned where academlc articles fit in the ne%us of REF outputs. personal rommitment to knowledge18nd desire to see one'5 work in PTinil, and Iwe outside of wr>rk. Why publish an article in the lirst place? In contrast to last time, I gave a prÉ4Èntation that encompassÈd an account o my Career trajectory including my flrsi experienceÈ of peer VIew, REF, an4J burnout, and that sought ro situato artide writing lthIll the broader Ix)ntext of IwiF>g a meaninBful life land avolding belng exp50itedl. Yhe topics nf discussion induded how to build networks of "allies,- contend with fear of rejection, retain agency ifi the lace of requests to change one'5 work land gauge when to push backl. The response was postiivwnd I receNed a couple f direct me55ages dufing the'Q&A.from particlpants sharlng that they wéte gtrug8ling wlth mental heaFth i5sue5 Ot the moment end that hearing my 8¢count of rnin@ was really helpful. This is an ÈK3n)ple of the benefits of ioum, and11 think) of a les5 formal set-up, whereirs speakers brinE in thelr perstsnal experiences. Page 11
British Association for American Studies Truste'es, Report s irY.September, the partl£ipants' many que5tlons, and accounts of thÈir own experience5 In HE thLS far. made clear tu US just how badly Init13ttveg of this kind are Deeded. Dr Smith's a£totsnt of the raciali5ed dithension of tlie first peer review she ever recelved, att¥J her analysis of the effects of such experiÈnces-ttte way they accruè- was invalts8blE. And as in September, whar 00d out to me IRachelel was the extent to whlch the partitiPèE>ts had intemalised a sensè of imposter syndromè that thoroughly occlyded any recognition that wrlting is fre& labour lin ak industry where an increasln8 number of staff .aré gr0s51y underpaid If they are employed at all), thaf jourha15 eed submissions in Order to funCtOn. and that as people accepted ontp PhD programmes Di awarded PhD5 their work might. in facL h3ve great value. Ca55ie and I both bÈ13boured these points, notlnE a5 well how much IsotnEI journals arE now especially keen to publlsh the work tsf people frorn uoderreprÈsented backgrouftds, The qUtIOn now fÈ83rd5 what 5hap.e this inirlative ffttght takè Dext year. Ohe possibillty, which th& 8AAS Chalr and I discussed and in which Dr McGettigan expressed Interest It our PKE meeting on 17 January, is to separate thi5 into twD initiatves, each to take place one a year, and each with separate If complementary alms. This would both duce the workload of those contributin8 and increase Teach by appe81ing to a slightly bioader array of ECAS. The first initiative, whith fft rni8ht name 'JAS for ECAS,, would involve Ihe atsdeniic article developmERt component." th4t is. particlntS would be coupled with one or two pèer reviewerÈ from the IAS edPtoHhl board who would read thwr article drafts and IpateDtiallyl also meÈt wilh them over zoom to provide oral feodback. Each submission and peer review would a15D be read by one of the co-ÈditorÉ-in-chief, who would medl3ie the peer revlew. We would inwtp Dr mCGètt to record a presentatlon akin" to th.e one she gave In September On submitting tu JAS. which participants would be encoui88ed to wblch before startlng work on thelE drafts. JAS would have first right ol refusal to thÉ fin15hed pieces. Dr Mtfjettigan suggested this could rake ) klnd of coachinB famiat, PKE might belnvolved in the CruI£Ment process, but then would hand over roJAS. Separately. would run a Ipos5ibty two-dèy?) workshop pn academlc publishing more senerally, whlch would invo5¥e the editors we've invtted tu speakthu5 far as well as, or exarnple, the series Èdltors of CrStlcal Insitshis. Ihe Èdltors of USSO (who ère themselves ECAg1, and academics experieTrce of editing editedf ollections, Lro&st)ver books, and so on. The aim here would be tDBive ECAS a Sense tsf thp broader publishinB landscape and the bénefits and drawbacks of diffwent format5 as well ?5 a chaftce trj network with E8ch other and rhe panelllsis. P38e 12
British Association for American Studies Trustees, Report Knowledge EK¢hanEe 5trateBV-'rèport PKE Deputy thair Dr Kathryn Gray hèg been leadlng on an initlativo the Britlsh Assoclation for American Studies Medsa LeJrDlnE Programrne. The following is ihe pioposal PKE 15 puttln8 forward to the EXEC znd the Dewelopment Fund.. Rational Academic5 are increaslngly being asked, and peCted, Eo communicate their work to a wider public. There"arÈ hiEher expectations to engage through soclal and tradstioRal media, in person and online. There are also dprnands to connect with more, and fflore dlyerse, audi8tsces too, This means more lectures, talk5J pre5entation5, interviews or Bppearances on podc85ts, social media platforms, on radio and on tv. This require5 conapdin8 with people of "differing ag, backgrounds, beliefs and inteTe5t5. This programme will enable 3cadernic5 to develop a sknllset to match these new demands. exceed ihe expectation5 and actually enjoy cornrnunicattng their work to new audiences. Aims: ro enable 8cademics to talk confldently abouttheif worktD different aUdiells To 5UPPOrtthem in devebplng new skills in 5harin8 their knowled8e to a wider 3udiènte To &ncouraRe parritipantsto communicate theirwork across.multiple media platforins Actlons: A programme of study sessions lookin8 at the tDedi4 16ndstape, and howto navigate yuurway through It. These sessions w511 take place ovèr the course of a dayand consider- Profiles- communlcating yoursÈlf and your work Platfurn - me55aB5ng fortr3dltional andsocial rne(fia AUdienc- connecting with the publlc The Sessions will enable paCIpats to see the Scalp of the media landscèpe, recognise opportunities wlthin it. and develop skills in sharing thelr work.online, on radio and on tv. who15.thls for7 Ac8demic5 whtswant 10 learn more about cDmEThunicating thetr work to different audiences and engagirE8 a wider publlc in thwr subjects and 5peclansms. One question to work out is whether to reserve a certaln nurnber ol places for. ECA$ 3ndlof academics froin underrepresented b8tkgrounds. What mlght we createP Individiial profile plecp5 foT Ihe p3nttipant5 and thè BAAS web51te InteNiews with partlclpants, which could be used online and on so01 media flesourC for future participants and BA4S PaBe 13
British A550ciation for American Studles Trustees. Report Conferences Sub-committee PG BAAS PG BMS was held the 16th of November 2023. The committee continues to see tF¥e value in an Blternative space for PGRS to share their ivork. The PG 2023 conference at the Rothermere Americ6n Institute resulted in a highly successful day. wth scholars producing Innovative and thematlcally c£ihesfve scholarship. The workload on the PG Rep Involved (Ernma Halll wa5 unreasonable Bnd un5UStainable. Emrna is exploring altern1ve ways of generatlng the £onference, Sh a5 embracing more of a WIP tone and l¢Joping it in with PG Rèp résponslbilitles. Dlgital BAAS 2024 Connie Thomas and Alsha Djelid héve been recrulted a5 Conference Managers. They have put together a draft hedule whlcFY we aim to share publlcly within the next few weeks= https.'Ildocs.8oogle.cothldocumenVdlitd8xDG3rng91xOLPu50b5wSviAwJKGVSd ILOOJ8EFQkledit?usp-sharing Connte and Alsha have deoded to host the conference on Dlscord, duE to its Increased ease. ability to host multiple events simultaneously, ease bf conv2rsa¢lon, and compardtive 5UStainability and cost factor5. The discord server can be found here, and we encourage members Of the BAAS Committee to explore and offer comments., https-l/dis£ord.Es/BC3pdcXC Green BAAS Please lind attached t(J thi5 report two documehts.. Digital BAAS 2024 Challensin8 Business as Usual in Academia. This documènt wlll be avallable on the BAA5 website and the Conferente Discord server Greeri BAAS Climate Plan. Thi5 document represent# a potentlal path fornrd for BAA5 In light of rhe on5& climate emergency. Wt would'ask for thé Committee to vote on.thls document duringthi5 AGM. The Green BAAS commilteE are also interested in hosting an informal roundtable on thè question of having èr American Studie5 CaEr in the context of a climate emergency. In thÈ Interest of rryore clearly artKulating to our community why the shift tts an othline conlerence is the result of this priority, Emily Broity and Elsa DevienFie will be collèboratihB ro crèat& some yaphlc rÈ50urce5 to be shared online. Future Conferenc Wp are hoping to host 8MS 2025 at the Llniverslty of Hertfordshire,.orgaoised by Dr (hris ijoyd. Pagé 14
Britlsh Assoclatlon forAmerican swdies Trustees. Report FuLure potential conference site5 IDr2026 include th2 University uf Warwick or the University of Glasgow. Anyone on the cornmittee inteFe5ted ifi h05tin8 in 2026 lor Are encouroge(J ro reach out tTr the Conference5 Sub-committee Financial instrument5 OlJle¢tlves ondpollcles The charity's.activitse5 expose it ta a number of finanrial risks including'credit risk, cash IIDW risk and Ilquldlty rfsk. The use of financial derivatives 15 BDvÈrned by the chariws policies èpproved by the board of trustees, whlch provide writien principles on the use of financial derivétives to manage these ri5k5. The charlty doe5 not Use derwatlve financial instruments for speculative PUTP05es. Cu517 AlowrE5k The charlt(s actlvltle5 expose It primarily to the tin3nci31 risk5 Df ch3fj8e5 in fDreign currRncy exchaTrge rates anLI interest fat. The charity uses foreign exchange forward contract5 and intertst rate 5w3p contracts to hedge these e%posvres. Interest be3rlng assets and liabS1ities are held at fixed rate to ensure ort2Tnty of cash flows. Credltrisk The charitrfs princi1 financiol aets a bank balantes and cash, trade and other receiwable5, and investments_ The charify'$ tredit risk is primari 3ttributable to ils irade receivable5. The amDunt5 pie5enied in the ba18nce sheet are net of allowan5 for doubrful ¥ecelvables. An allowance lor imp3irmEnt is rnade where there 15 an identified loss eveni which, based on previou5 experfjence, is evidence of 2 reduction io the retoverability of the cash IIow5. The credit risk on Ilquid funds and derivlve Ilnanci31 instruments is limited because the counterparties are bank5 with high LTedit-r81ings assi£ned by Internaonal credt~ratlrig agencies. Th* charily has no signifit8nt concentr3t5on of Iredit risk, wlth exposure spread over 8 lèrge number o CDunterpartie5 and cu5torners. Ilquldlty rfsk In order ro maintain liquidity to ensure that sufficient fund5 are available lor ongoing. operaiioDs and future dÈvelopment5, the charity uses a mixture of long-teym and 5hort-term debt finance. Further deialls regardin8 liquidity risk can be foun0 In the Stètement of 3ccountlng polldts in the f5nancial statements. TlTre.anoual report Wa5 approved by the trustees of the charity on 10 April z024 and slgned on its behalf bv.. Dr MAMcLay Tru4tee Pagè 15
Brltish Association for Amerlcan Studle5 ststement of Tru5tees' Responsibilities The trustees are rÉsponsSble for preparing the tru5tee5' reportand the fina[la1 statements in accordance with the Unlted KlJ8dorn Accounting Standards (United Kingdom Generally ACpted Accounting Practice) and applKable lawand regulètions. The law applicable to charirles rÈwlres the trugtee5 to prepare flnanclal statements for each flnancial year whlch give 8 true 2nd lair wiew of the stale of allairg of the charity and of the Incoming resources antj application of resources of the charity forth3t period, In preparing these finandal statements, thÈ trustee5 are rèouired to: select sui(able accounting policies and then applythem consistentlyp abserve the methods and principles In the tharlties &ORP- make judgements alld est&mètÈ¥ that are reasoiiab1è3nd prudent-. state wheiher applicablé acci>untlng standard5 have been followed. 5ubjECt to ahy materi21 dÈpÈrture5 dlsclosed and explained In the linanclal ststement5,' and prepare the rtnantial 5taternents on the golng concern b355s unless it is inappropriate to presume that the charity will continue in bu5ine5S. The trustees arè responslble ltsr keeping proper accounting records that disclose with reasonable accurary at anv time the flnanclal p051tiDn of th* charity and enable their to ensure that the finanual statements cDmply with" the Charities Act 2011. thé Charities IAccoL4nts and Report51 RegulatlODS ?008, and the provision5 of thè tOn5litutlon. The trustees are also résponsible.for sèfeguarding the 855ets OF the Charity and hen£E for taking rea50n3ble steps for the prevenilon and deCtiOn of fraud and other irregularÉtips. The trustees are rp5ponsible for the maintenance and integrity Df the corporate and financlal Information included on the ch&ritsble company's website. Lewslaiion governirt8 the preparation and di5semlriJiioD of f4nancial 5tstEments m8y differfrom le8islatton in otherlurlsdlttlong. Approved by the trustees of thecharity on IO'April 2024 and SiBned on it5 behalf bv-. Dr"M A M£Lay Trustee Page 16
British Assoclatlon for American Studies Independent Examiner's Report to the trustees of Brltlsh Assotiation for Amerlcan Studles I report to the tW5tees Dn my examination of the Bccount5 01 Brltish Associatlon for American Studies ft>r the year ended 31 December 2023. Re$ponslbllftles and basls of report A5 the chèrity trustees of British Assoriatipn for American Studiès yo.u are responslble for Ihe prèparation of the accounts ITr accordance wth the requIree1rtS pf the Charrtie5 Art 20111'the ACVI. I report respErt of my examination of the British Associatirkp for Amwlcan Studies, 3tcotsntk tarriéd out undÈr section 145 of the 2011 Act and in carryillE ovt My examination I have ft>llowed all the applicable Direttions 8lven by the Charity Commission under section 14515llbl olthe Act. Independent examlnerfs statemènr I have completeij my eK8mlnatlon. I confirm that nrj material rnatters have come to my attention in £onNection with the examination giwng me cause to believe that in apy mater181 respett.. i. accountin8 records were ntst kept in respECt of Briiish Association for American Studies as requlrtyd by secrion 130 of theAct', or 2. the atcounts not èccord wilh those records., or 3. rhe accounts do not comply wTrth the accounting requirement5 concerning thE form and content of a¢tounts set out in the Charirles (Accotsnts and Reports) ReBulatiO 200& other than any r¥uirement that thè accounts dive a 'trtie and fair view, which is not 3 Mattertonsidered as part of an independent examlnat50n. I have no concern5 havE come across no other matter5 in conneaion with the examination to which attentiOFI Should be drawn this report in ordÈrto enable a proper undersianding of the BGCf>LitStsto be reached. n Saxon F. stitute of C rtered ACCOUnntS in Ea£land 8nd Wales The Moflatts Partnership LLP Sulte 1.1, jac0 House 5ibson Road Sale M33 7RR 10 April 2024 Pa8e 17
British As50Ei3tion for American Studies Ststement of Financlal Actlvltles for the Year Ended 31 Decethber 2023 Unrestrlcted funds Totsl 2023 Total 2022 Note Income and Èndowments from.. charitable activities Inve5tmem Incothe 42,730 .71,653 .42.730 71,653 150,8.12 59,672 Tot81 income 114.383 114,383 210,484 ExpÈndlture on: ayktable actiwties 1164.1781 1164.1781 [208.4561 Total expendtture 1164,1781 1164.1781 1208,4561 Net lexpendi1urelbncome 149,7951 149,7Y51 2.028 Net movement in funds 149.7951 lo9,7951 2,028 Réconcillatlon of futtds Total funds brvught forward 356,619 356,619 354,591 Total fndS carriedforward 16 306,824 306,824 356,619 All of the charhy's activities derSve.Irum continuing operatK)ns rjuring the above two periads. The funds brÈakdown for2022 i5"5hown ih note 16. The noies on page520 to 32 form an integral part of these financtr8151atemenEs, Page 18
British Assoctation for Amerlcan Studies (Registration number- 1170382) Balance Sheet a5 at 31 December 2023 2023 2D22 Note Fixed asset5 Invescments 12 loo loo Current assets Debtors Cash at bank and in hand 13 45,519 .341,853 27,417 595,575 387,372 422.992 cdItorS.. Amountslalling due withln one year 15 180,6481 166,4731 hletcurrent assets 306,724 356,519 Net assets 306,824 356,619 Funds oFthe diaTIty: UnrestrKted income funds UnrE5tricted fund5 306,824 356.619 Total funds 16 306.824 356.619 The linanci81 stateme5 on pège$ 18 to 32 were approved by ihe trustee5, and authorised lor i55ue on 10 April 2024 and signed on their behalf by.. Dr M A McLay Trustee llie notes on page5 20 to 32 fom an integral part-of these fioanclal statements. Page 19
British Association for American Studies Note5 to the Financial Statements for the Year Ended 31 De¢ember 202.3 l Accounting poli£iE5 Statsment of ctsmpllance The financial sratements have been prepared in accordance with the 9econd edition OF the tharlrigs Statement of Recommended Practice issued in October2019, the Financial Keportlngstandard applicable in the Ljnlted Klnedom and Republic of Ireland IFRS 1021 and the Charitie5 Act 2011. Basis of preparation British AssocFation for American Studies meets the definition of t public bee11t &ntitV urlder FFIS 102. Assets and liabillties are Init131 recoÈnised at historieal c05t or ir)nsaction value UnLS otherwise stated in the relaL accounting policy noies. Going conrn The trLlStees CDn5tder that there 3Te no material uncertèlnties about the charity's ability to coDtinue a5 a Koing concern. Income and endowments Voluntary incomo inclutjing donatlDng. gifts. le8acies and Brants that prowde core fundlng trr are of a generdl natu Is rÉtogni5etl when the Charity has entitlement to the income, It Is probable that the irtcome will be received and the amount can be measured with suJTicient reliabilitv. LkJAtIonS Und legocies Don8tion5 and legacies are recognised on a receivable basls when recelpt 55 probable 8nd the arnoiint con be reliablv rneasud. Inve5tmentincome Investment iTicome is ieEQ8ni5ed on a recelvable basis. Expenditure All expenditure Is recognised"onEe there is o lesa! or consrnjttlvé obligatlon to that exp£ndittJr4 it 15 probable settlement is required ancl the amount can bE rnered reliably. ASI Losts S allocated tg the applicable eXpendItu headSng that aEgreeate similar £o5ts to that cètegoT¥. Where costs cannot be dlrettly ottributed to panicuEar headings they have tseen allocated ofj a basis consi5renc with the use 9t resources, with central st&fF cosis allotstÉd on rhe basis of time spent, and depreciation chargÈs allocated om the portlon of'the a55et'S Use. Other support C05ts are allocated based on the Spread of staff costk Charitoble tsrtiLTitie5 Charitable expenditure CDmpr(ses those tosts incurred by the chartiy in the delpjery of its attivities and seNices.far Il5 beneficiaries, It indudes bDth cost5 that cèn be allocated dlrertlyto 5ucli octivitie5 those C05t5 0 3n Indirect nure Recessary to support thern. Page 20
BritlshA55ociationfor American Studies Notes to the Financial Statements for the Year Ended 31 December 20Z3 Grantpmv151ons PrtWi5i0Trs fDr grants are made when'the Intfrniion to m?ke e grant has been communicated to the reciplent but there is uncertaint.y about eitherthe tlming of the 8rant or the amount of grant payable. Governanco costs These Include rhe costs attributable io the chafity's compliance wlth constlwtional and statutory requirement* intluding avdi¢ Strategit management and tru5tee5' rneeting5 Èfid relmbursed expenses. Taxailon The chariiy is considered to P355 th& tests set out in Paragraph I Schedule 6 OF the FTnance Act 2010 and therefore li meets the definition of a charitable company for UK corporation tax purpDses. Accordingly, the tharity 15 potentIal exempi from taxation in respect of Incoffle or capital 8ain5 received within categoriEs covered" by Ch3Pter 3 Part 11 of the Corporation Tax Act 2010 or Sèttitsn 256 01 the TBxats'on of Chargeable Gains Act 1992, to the extent that such incom8 or pTrns aye applied exclusivèly to charitable purp05e5. Dep¢[tIOn and amortlsatlon Depretihtion is provided on tangible fiKed assets SO as to write off the c05t orvaluation, les5 6nyestimated residu31 va5ue, ever their expetted useful etonomi¢lrfe as lollows.. Asset dass offico Equlprnent DepTE£iation method and rate Fully depred3ted Business combinatior15 Business combination9 are accounted for under the purchase method. Where necessary. adjustments are made to the finanelal statements of subsidiaries tD bring the accountin8 pollcles used into line Mth those useij by the charity. All Intra-group transactions, ba18nces, income and eypenses are eliminated on consolidation. In accordance wltb section 35 01 FRS 102, Section 19 of FHS 102 h35 not been applied in these financial statements in respect of bustn$ combinarion5 efFected prior to the date of transltlon. Fixed asset investment5 Fixed ax5et investments, Other tban programme related Investments, are induded at market value at the balance sheet dare. Wllsed Baips and losse5 on InvÈstment% are calculated as the difference between sale> proceed5 aTTd theiT market ¥aluÈ at thÈ start of the year, or their subsequent CD5t. and are charged or credrted to the Statement '<>f Financial Acfivlt1È5 Ill the period of dlsposal. Unrealised &ains and 1055es present the movement in market values duringthe year and are credited or char8Bd to the Statement of Financial Activiti based on the market vaSue at the year eFId. Page 21
British As50ciation for A'merican Studies Note5 to the Financial Statements for the Yeat Ended 31 December 2023 Trade debto Trade debtor5 are 3mounts from customers ft)r merchaDdlse 501d vr 5tNces performed in the ordinary iaur5e of busine5S. Trade debttsrs are re£ogntsed Iniyially at the tnsaCtI )n pri. They are 5ub5equently measured at amDrtis@d cost using the effettive interest method, lés5 p¥ovlslon for tmpalrment. A proifjsion for the impair.ment ol trade debtors 15 established when there is abjecti¥e evidence that the charlty 911 not be able tts collect all ainounts due occording to the 0ri8iaal terms of'the feceivablps. Cash and rash eqvlwalents Cash and cash equivalents comprise cash on hafjd and call dep051ts, and other 5h'ort-ierm highty 51ouid investments .that arè readily (onvertible tts a known amount.oF cash and are subjecr to an Insl8nlficant risk of change in value. Borrowings Intere5t-bearing borri)wings arè initl8lly recorded at fdir yalLIÉ, Det of transa£tion wsts. Intere5t-bearing tiorrowings are subsequerfly carried at amorti5ed cost, with the difference between the procÈefJ5, net of tr8n5action costs, and the amount due on redemption being recognised os a charge to the Statement ol Financial Activ*tte5 over the peritsd of the relevant borrowing. Interest expense Is retoÈnised on the basls of the elfective intsr¢st method end is iluded in interèst payable and similar charges. BorrowinB5 are classified as Current liabilities unless the charity ha5 an unconditional right to defer settlement of the liabililyforat least twefve months afterthe rÈportine date. Page 22
Brltlsh A5s0¢1atlon for Amerlcan Studie5 Notes to the Financial Statements for the Year Ended 31 Dernber 2023 ForÈTgn excha Trdnsartlons In foreTÉn currencies are recDrded at the rate eKchanEe pt the date DI the trqnsartion. Monetary ssets and I18blItieS denominated In foreiBn currenties at the bèlance shtet date are reported at the raies of exchanEe prevailiné at thèt dare. The resuks of ovÈrseas operation5 Bre tran%lated at the average r7te5 ol exchanee during thè perlod and their balance sheets * the rates rulln8 at the balance sheet date. Exchange differences arisiAg on translation of the openlng net assets and results of overseas operation5 are reported in other comprehenslve income and accumulated ln equitv13nributed 10 non-contrallins interests as appropriatel. Other exchange drfferRnces are reco8nised ill tl3e statement of financTral activitits lti the perlod in which iheyArlse except for. 11 exchange differenc& on transactions entered ihtoto hedge cert3in foreign currency rlsks (see abové).. 21 exchange dlfferences arisln8 on gaia5 or loss¢s on non-monetary items whith are [08n1&ed In other preheD5iwe income., and 31 In the Éase of the tonsolid3ted financial statements, exchange difftrentss on monetsry irem5 réceivable from or payable 10 a foreign aPEratiO for which settlement is either planned nor likdy to occur (therefore formlng part of the nel investment in the foreign operation). wh¢ch are recognlsed In othèr comprehensive incpme and rep)rted undèi equlty. Fund structure Unre5lricied incortle [0dS are general fund5 that are a¥allat>le lor use èt the tru5tees' discretton in furtherdDte of the objectivts of thÈ charity. Flnantial Insirumenr5 CIu55ificutign Financial a55¢ts and financial liabilitlE5 are recognised when the charity becomes a party to the contr3ctt]al provisions of the Instrument. Finanoal Ilabilities and Èqulry in5trutPEnts are clissified according to the stsbst3nce of the contr8Ctu81 arrangement5 entèred into. An equity in5trumÈnt 15 any contrart that evidencès a resldu81 interest in the a55et5 of the charity aft'er deduciing all ot Irs liabilities. PM8e 23
Biltlsh Association for Amerlcan 5tudles Notes to the Financial Statements for the Year Ended 31 December 2023 RQgnAtIon undmeosurcment All flnanc(al assets and118bilitles are ihr£lally measured at transaction lincludingtrènsaction costs), except for thoge financlal assets classified as at fair value through profit or10ss, which are initially measured &t lair valtse .Iwhich is normally the iransactlon price excludin£ transaction cost51, unless the arrangement consfitutes a flnancillg transactlon, If an arrangement const(tute5 a financinE transaction, the fInaClaI asset or financial liability 15 measured at Ihe present value of the future payments discounted atra market rate of irrterest for a sTrmilar debt instrument. Financlal assets artd liabtrlltles are only oftset In the.gtètement of financial posttion when, and only when there exists 3 le8ally enforceable right to set off the recoEnised amoutFts and the charity intends eitherto Settle on a net basis. Dr to realise the assei arld settlt the liabllllv slmvltaneDu51y. Financial 35setS are derecogntsed when and onlywhen al the ctsniractU81 riEh¢s to the cash Ilows from thefinallcibl asset expire or are settlÈd, bl the charlty transfers to another p8rty substantially all ot tlie YkS iewards of ownetship of the financial asset, or £1 rhe chadty. dé5Plte havlng retèlned Some, bur not all, $iEnrficant risks and ward& 4rfownershipi has tr.ansferred control of thÈ asset io another party. Finanti81 liabilities sre d8C08ned only when rhe obli8ètion specified in the contract Is discharged, cancelled or ¢xpire5. Invertments Investments in subsidiaries and associate5 are measured at cost less impairment For invEstments in 5ub5idi&ries acguired for cunsideratlon induding the Issue of shares qualilyin&for mergel relief, cost is meèsured by refereTrce to the nomsnal value of the shares Issued plu5 fair value of other con5iderotion. Any premium is ignorEd. 2 Incomefrom tharitsble artivit¥es Unrestricted funds General Total 2023 Total 2022 Awards and Prize Giving Subscrfptitrns Other Income 63,231 16,335 7,104 63,231 16.335 7,104 132,75ts 16.157 Isos 85,67Q 86,670 150.812 P324
British Assoclation for American Studie5 Notes to the Financial Ststements forthe Year Ended 31 Decernber Z023 Y Investment income Unrestrkted funds General rotzl 2023 Totsl 2022 Interest receivable and similar Inwmè., Interest CeIv3b1e on bank deposirs Other Tftv.e5tment Incomé 2,612 69.041 2.612 69,041 297 59,375 7l,653 71.653 59,672 4 Expenditure on charltoble a¢tlvlties Unrestrfcted Total 2023 Total 2022 General Prizes Jnd Awards Salaries Conference Cost5 Subscriptions Admin costs rravel costs Other Costs Bank charges 3nd fEes Gornanc&costs 56,922 54,797 8.332 743 56.922 54,797 8,332 743 154,380 31,122 9,996 3.$90 5,791 115 8,642 25 8,642 25 1,2(KY 287 3.030 1,2(K) 287 402 3,060 3,030 133,978 133.978 208,456 P?8É 25
British Association lor American Studie5 Note5 to the Flnancial Statements for the Year. Ended 31 December 2023 5 Analysis of 8ove¥nance and support St$ 6overnanct costs UnrestrKted funds General Toial 2023 Total Independent Èx3m&ner fee5 Ex8minatvJn of thefinancial statements otherfees pa¥d to examiners 1,950 1,080 1,950 L080 1,260 3.030 3.030 6 Grant-maklnE Anatysi5 of 8fdnts Grants tD in5titutÉons Grants t(J Indlvlduals 2023 2022 2023 2022 Analysi$ Grènts- Prlies and Awards 45,000 45,000 109,380 109,380 Below are details of material grants rnadeto instttutlons. 2023 2022 Name of Instltutlon Amerieon Politics Group IAPGI Artivity Awards and Prize Giwng Fuiids 45.UOD P4ge 26
British AssocÈation for Amerkan Studies Notes to the Finandal Statements for the Year Ended 31 December 2023 7 Trustees remuneration and expense5 Durins the year the charily mèdÈ the following tratSS2ctTrons w(ch tTUStees'. £Nil ot expenses wÈre 1mburSe to the tru5tee5 durlngtheyear. Expense5 paid on behalf OF thp tharity or txpenditure incurrÈd whilst performing duties for the charity by 7 trU5teEs h8vÈ been reimbvrsed. At the balance sheet date tFJe ainotsnt due was £Nil12022= £Nill. NO trusiee5, DDr any person5 connetted vliih them, have rRteived any reimunerallon from the chartry during the ye8r. No trustees ha recelvcé any other benefits frorn tht charity dvrlng theyear. 8 staff costs The agsreBate payroll costs wert as fDIIows', 2023 202Z .St3ff costs duringthe yEar were.. Wa8* and 581grie5 54,797 31,122 The monthly avera8e number of persons Ilnduding senior manaBernent I IEader5hip team) employed by the charfty durin8 the year expr.essed a5 full time equiwdlents wa5 as follows-. 2023 2022 No 5uppDFLStilf 13 No employee fecelved emolurnents of more than £60,UOO durtn8 the year 9 Independent examiner's remuneratlon 2023 20Z2 Exarnination uf the financial statements 1,800 Other fee5 to examiners AIIDther 5ervi£es 1,260 1.080 Page 27
Brltlsh Association for American Studle5 Note¥ tothe Flnancial Statements forthe Year Ended 31 Decernber 2023 10 Taxation The £harfty is3 reEisiered char¥ and 15therefore exempt from taxation. 11 TanEibte fixed assets Furnlture and equlpmoni Total Cost At lJantsary 2023 4,535 4,535 At31 December 2023 4.535 Depreciattan At l January ?023 4.535 At 31 December 2023 4.535 4,535 Net bookyalue At 21 Deeember 2Q23 At31 December 2022 Pè8e 28
British A5$0ciation for American Studle5 Notes to the Financial Statement5 for the Year Ended 31 December 2023 12 Fixpd asset investments 2023 1022 Shares in group undertaknTr8s and parti¢ipoting Interesls loo loo Shares in group undertakings and parti£ipating interests Subsidiary undErtak4n8S Total Cost At I january 2023 iotk ID) At 31 o&ember20 loo loo Net book value At 31 Decernber 2023 l(M) loo At 310etember 2022 loo loo Detalls of undertakin8s Detai15 of the investmenis fn which the charity hold5 2016 or moFe of the nominal value of any class of share capital are ès foSk)ws-, Country of Incorporatlop Proportion of votlng ri2hts and share5 held princlpal artlvlty Undertzkins Holdin8 2023 2022 Subsidiary undertokinES Publication of journals encourage education and 8dv8nce study of the United States. 8Y4AS Publications Ltd f nEland Ordinary Shares IIKJ% i(x)% P8Be 29
British Association for American Studies Notes to the Flnancial Statements for the Year Ended 310ecember 2023 13 DebEo¥s 2023 2022 Due from group Uhdertags 45,519 14. Cash and cash equivalents 2023 2022 Cash at bank 32L16g 20,684 a74.89J 20,6B4 Short-term deposits 341,853 395.575 15 (dItorS. amounts fallÈng due within orie year 2023 20ZE Othertsxalion ènd Social Security Othercre(4itor5 Accruab 4,361 64,337 1.950 4.151 6Q,462 1.860 20,648 66,473 16 Funds Balance at i January 2023 Incomin8 restsufcEs Resources expended Balan at 31 Decembèr 20Z3 UnrestTl¢ted fund5 General 356,619 114383 164,1781 306,824 Balance atl JanuBiy 2022 Incoming resources Resources eKpendèd Balance at Dècember 2022 Unresirfcted funds General 354,591 210,484 1208,4561 356,619 Page 30
Brltish A55ociatlon for American Studies Notes'to the Financ5al Statements for the Year Ended 31 December 2023 17 Analysls of net assets b0en"fnd5 unrestritted funds General Total funds at al December 2023 Fixed a55ei Inestmeht$. Current assets Current liabilities 100 loo 387,372 150.4481 387372 150,448 Total net assets 337,024 337,024 Unrestritted fund5 General Total funds at 3L Dernber 2022 Fixed asset investments Current assets Current Ilabllities loo loo 422,992 166,4731 421992 166,4731 Tot31 net a55ets 356.619 356,619 18 Analysis o*net funds At l Janu3ry 2023 FlnanunB cash IIow5 December 2023 Cash at bank and tn hand 395.575 153,7201 341,855 Net dEbt 395.575 153,7201 341,855 At31 December 2022 At lJanu3ry 2022 financing cash flows sh atbank and in hand 338,412 57,163 395,575 Nèt debt 338,412 57,163 395,575 Page 31
British Assoclatlon for Amerlcan Studles Notes to the Financlal Statements for the Year Ended 31 DEcembew 2023 19 Related party iransactlons DLsrill8 the year the charitytnadethe following related partytransactions: BAAS Publications Itd (The Charity holtys 0% of the called up share capital of th1& company? The Charity receitres gift aid payment5 frorn the cornp3ny and also pa¥s expenge5 on irs behalf. Af the balance sheet datethe amount due tDJlrom from BAAS Publications Ltd was £Nil12022- £27.417}. Page 32