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2024-08-31-accounts

Art History Link-Up

ART HISTORY LINK-UP

Annual Report and Accounts

Registered charity number: 1172792

For the year from 1 September 2023 to

31 August 2024

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Art History Link-Up

Contents

LEGAL AND ADMINISTRATIVE INFORMATION ......................................................................................... 3 INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ART HISTORY LINK-UP ............................. 11 STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................. 12 BALANCE SHEET ..................................................................................................................................... 12 NOTES TO THE FINANCIAL STATEMENTS............................................................................................... 13

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LEGAL AND ADMINISTRATIVE INFORMATION

Charity registration number: 1172792
Registered office: The Old Rectory
Wiggonholt
Pulborough
RH20 2EL
Trustees: Tobias Matthew Rhet Monk (Chair)
Katherine Isobel Taylor (Vice Chair)
Zainab Lailaa Hakim (Secretary)
Taymoor Atighetchi
Georgina Ann Hayes Bexon
Kate Elizabeth Gordon
Dr Judith Jammers
Ngan Jones (Appointed November 2023)
Kudzai Manungo (Resigned 15 December 2023)
Sophie Odenthal
Dr Joseph Spence
Caroline Costin Wright
Bankers: HSBC
1 Centenary Square
Birmingham B1 1HQ
Independent examiner: Accountability Europe Ltd
Omnibus Workspace, 39-41 North Road
London, N7 9DP

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TRUSTEES’ REPORT

For the year from 1 September 2023 to 31 August 2024

The trustees present their annual report and financial statements of Art History Link-Up (“AHLU”) for the period from 1 September 2023 to 31 August 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 of the financial statements and comply with the Governing Document, Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (updated 1 January 2019).

OBJECTIVES AND ACTIVITIES

The objects of AHLU are the advancement of education for the public benefit to provide and support the teaching of Art History in particular but not exclusively by:

ACHIEVEMENTS AND PERFORMANCE

Art History Link-Up transforms young people’s lives through the formal study of Art History. The majority of students accessing AHLU’s courses are from under-represented backgrounds, with Widening Participation indicators and/or identifying as minority ethnic.

Fewer than 1% of state schools offer Art History A level. Over 600 state school students, from over 300 state schools across the UK, have taken free-of-charge Art History courses in museums, galleries and online with AHLU.

Currently, AHLU alumni are studying Art History at universities across the UK, including at the Universities of Oxford, Cambridge and the Courtauld Institute, and are entering careers at the sector, with employers such as the National Portrait Gallery and Christie’s.

Working in new ways

AHLU worked directly on-site with schools and their students in 2023-24 for the first time, in addition to our extra mural courses for state students, based at museum and gallery venues and online, as in previous years. We worked outside London for the first time, in Buckinghamshire schools, and for the first time at a stately home, at Waddesdon Manor.

Support from the Rothschild Foundation and other major funding organisations in this period enabled AHLU to build upon and consolidate our work undertaken with sixth form students and also to extend and develop our work with 13-to-15 year old aged state secondary school students.

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As a result of this support, and of a three-year Rothschild Foundation award, AHLU is developing an accredited award with Pearson Edexcel, a Higher Project or Foundation Project Qualification (HPQ or FPQ, equivalent to up to half a GCSE) in 2024-25.

Introduction to Art History

In 2023-24 AHLU devised and delivered a series of lessons, courses and workshops for KS3 and KS4 students based on Waddesdon Manor’s collection and history. We presented and shared our findings and resources with Waddesdon Manor’s Learning and Development teams. As a result of this initiative, we expanded the age range of our students, from sixth form (KS5) to include devising and delivering in-depth, extended art history courses to KS3 and KS4 students (aged 13-15) with diverse backgrounds and needs at state schools in the Buckinghamshire area (Spring and Summer 2024) and on-site at Waddesdon Manor (Spring and Summer 2024). We collaborated and worked in partnership with Waddesdon Manor on creating resources with legacy and delivering courses, to be developed and expanded in 202425 to support an AHLU-devised accredited award, an HPQ (Higher Project Qualification) in Art History, equivalent to half a GCSE in UCAS points. This programme consolidates and develops a pilot Introduction to Art History programme for younger secondary school aged students, funded by The Band Trust, and delivered over several sessions at Dulwich Picture Gallery, the National Gallery and Courtauld Institute of Art in 2022.

Evaluation, advocacy and partnerships

In 2023-24 we collaborated with an external evaluation consultant, Rozia Hussain, to devise a Theory of Change and evaluation matrix, with time-line and performance indicators. Our goal is to use this data to demonstrate and determine student, school and parent market for our HPQ and FPQ Art History qualifications, and eventually to move towards Art History’s inclusion on the main KS3 and 4 syllabus, in due course, i.e. at GCSE. Our intention is that data from this evaluation process will evidence the tangible benefits of studying art history for all young people to inform and shape advocacy campaigns, and support good practice.

In 2024 AHLU established an ‘art history round table’ of sector leaders, convened by AHLU and meeting regularly to discuss issues for ‘Art History Now’, with representatives from organisations including Art UK, the Association for Art History, British Art Market Federation (BAMF), Christie’s, the Courtauld, NSEAD (National Society for Education in Art and Design), Paul Mellon Foundation, and Waddesdon Manor. We collaborated with round table participants to prepare a briefing paper on the importance of art history in secondary school education. The briefing paper was circulated to Secretaries of State and Ministers at the Department of Education and DCMS, and quoted from in The Art Newspaper. This briefing paper advocated for the development of an Art History qualification for KS3 and KS4 students, potentially via HPQ courses, and has been well-received. We plan to build on this lobbying initiative with further round table meetings and by sharing outcomes and findings from our work.

In 2023-24 we consolidated our partnership with the University of Cambridge’s History of Art department on research, advocacy, lobbying and round-table discussions with international colleagues. Twelve-plus AHLU alumni have studied Art History at the University of Cambridge in the last five years, including 10% of the 2023 undergraduate Art History cohort. We advocate for and represent secondary school state students' access to formal art history

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education at high level policy meetings held by the University of Cambridge, which included government ministers, representatives from DCMS and the Department of Education.

Flagship Art History for Everyone courses

Our free-of-charge Art History A Level and Extended Project Qualification (EPQ) courses for state students online and at the Courtauld on term-time Saturdays continue to fulfil their objectives, and go from strength to strength.

In 2023-24, we retained and expanded our position as provider of Art History A Level and EPQ qualifications for state students. Again, our courses achieved excellent retention (over 90%) and qualification outcomes, and alumni pathways. In 2024, A level results were 100% A-C, and over 90% EPQs were awarded A-B.

Once again our students started Art History undergraduate degrees at Russell Group universities across the UK in autumn 2024, including at the Universities of Cambridge, Oxford and the Courtauld. Craig Clunas, Professor Emeritus of the History of Art, the University of Oxford, once again generously offered our Oxbridge Art History candidates mock interviews. Our student officer arranged for peer-to-peer mentoring for the applicants from alumni in the Art History departments. Each AHLU Oxbridge Art History applicant was awarded a place.

Visiting lecturers to class included Alex Marr, Professor of Renaissance and Early Modern Art, the University of Cambridge, on Rubens; Nadine Nour el Din, Courtauld Postgraduate Researcher, on Arab Art; and Elikem Logan, Modern and Contemporary Art, Sotheby’s, on art history at university and careers pathways.

A particular highlight was the Christie’s Education x AHLU Scholarship through which students were given the opportunity to write an article or make a film in order to win one of five laptops on offer in addition to a series of Christie’s Education courses. Judges including Craig Clunas, and Prof. Deborah Swallow CBE, joined class to give the winning students feedback in a prizegiving ceremony.

Application for our A Level and EPQ courses online and / or at the Courtauld in 2024-25 was again over-subscribed: onboarded students for 2024-25 are over 60% minority ethnic, 36% widening participation 29% both, 18% SEN and 42% from outside Greater London. We are delighted that our proportion of students from under-represented backgrounds is approaching pre / pandemic levels and that students of all abilities and backgrounds are making excellent progress.

Art History for Everyone: background and additional context

AHLU has taught Art History A level and EPQ (Extended Project Qualification) courses on termtime Saturdays to over 600 students from over 300 state schools across the UK. Our courses started in dedicated teaching space at the Wallace Collection in 2016, and then also at the National Gallery from 2017, given free of charge. When the galleries closed in March 2020, AHLU pivoted to online delivery, and as a result, increased the level of teaching support and individual attention given to individual students throughout the pandemic. Thereby, we were able to double the number of students taking our courses in 2020-21, due to the development of our online delivery expertise, and also to offer our courses and associated opportunities to students across the UK, including those with disabilities and caring responsibilities.

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During the 2022-2023 academic year, we piloted and developed a unique hybrid model for our courses so successfully that we intend to continue this delivery method long-term. Since September 2022 all our Art History A Level and EPQ courses – entitled ‘Art History for Everyone’ have been taught from and at the Courtauld Institute, Somerset House, in dedicated teaching space in the Leon Kossoff Learning Centre. These courses are taught on term-time Saturdays (with separate morning and afternoon cohorts studying different topics, over two years to sit an A Level exam at the end of the two year course) and live-streamed using video conferencing technology on Zoom. This hybrid model offers our students flexibility (critical given recent transport issues and the increase in inflation), and also allows us to offer tailored individual support and differentiated teaching to a large cohort. Very positive feedback from our students and retention numbers indicate that we have succeeded in our aims and objectives for hybrid delivery and we intend to introduce this delivery format for our courses for younger students, so that we can increase our access to and range of potential audiences.

Each sixth form student cohort is overseen by a Lead Teacher, Ludo Amory and Jack Dunleavy, each of whom has worked with AHLU and our students for over five years. The Lead Teacher in turn is supported by a Teaching and Learning Consultant, Angela Inglese, a qualified and experienced Art and Art History teacher, with extensive experience of teaching CPD and training. The Teaching and Learning Consultant also oversees course content and delivery, and teaching and learning practice of other members of the teaching team. Class may be delivered by different members of the team according to their specialism, and each class is supported by online and in-person expert and experienced specialist teaching assistants. Volunteer visiting expert teachers include Dr John Taylor, Chair of Examiners of Project Qualifications, Pearson.

The support offered to students by AHLU includes a dedicated student officer, a lead teaching assistant and subject-expert teaching assistant teams, homework clubs, individual EPQ mentoring, specialist A level nurture support sessions, and study skill guidance. All students are offered access to careers and university application advice and opportunities, and a wide range of extra-curricular activities.

Colleagues from schools, universities, museums, galleries, and many different organisations volunteer with AHLU as EPQ mentors to our students, sharing their art historical expertise, and giving our students a level of individual support and guidance which most say they have never previously experienced and hugely benefit from.

Our teaching team are among the beneficiaries of our charity. In 2023-24 several of our teaching team were appointed to Art History teacher roles and were also were awarded PhD funding. PhD awarding bodies look very favourably upon our team’s experience of teaching Art History on-line and in museums and galleries to students from diverse backgrounds with AHLU. Almost all team have or are under-taking post-graduate Art History degrees, several have PhD qualifications, and university or school Art History teaching roles. Many of the team have been working with AHLU for five or more years, and several since 2017.

In the spring of 2024, we had the especial pleasure of an alumna student joining our teaching team, on a temporary basis, as a volunteer Teaching Assistant. She wrote: “ It was such a pleasure to join the teaching team at the Courtauld during the semester break of my exchange year in Italy. I owe so much of my love for the subject, as well as my place at the University of Oxford, to the inspiring teachers I had at AHLU and the Courtauld’s Young People’s

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programmes, so am overjoyed to be supporting in this way. I am so thankful for the lifechanging opportunities that Rose (Aidin, Founder and CEO) has made available to me and so many other students. AHLU truly is a remarkable charity that made it possible for me to be where I am today, and I will always feel so proud to be both an alumna and teacher. Thank you to all of the teachers at AHLU - not only for your inspiring and devoted work in the classroom, but also for seeing the value in multiple voices in the art sector and for contributing to widening this access.

Studying Art History is transformational for our students: they tell us so themselves. They in turn are transforming the sector. The Art Newspaper reported that there has been a 28.5% drop in UK domicile first year Art History students in the ten years up to 2019. However, on average at least half of AHLU’s students say they want to study Art History at FE/HE and to seek careers in the arts as a result of their time at AHLU.

FINANCIAL REVIEW AND RESERVES POLICY

The charity continues developing and updating its annual budget and three-year forecast, which provides a detailed breakdown of forecast income and expenditure by programmes. This process enables the charity to clearly identify funding and operational requirements, further develop and deliver high quality focused and sustainable programmes.

The Trustees have approved a reserve policy that aims at keeping the level of reserves at the equivalent of six months of expenditure in unrestricted reserves. This level of reserves is necessary to:

The Board will review and set the target level of reserves annually, aiming for a range that is both prudent and realistic.

Total unrestricted reserves as at 31 August 2024 stand at £190,877 (30 August 2023: £135,484) with restricted funds of £31,451 (30 August 2023: £nil).

PLAN FOR THE FUTURE

In 2022, Art History Link-Up piloted a new initiative, to introduce Art History to younger age state school students, with ‘Introduction to Art History’ courses for 13-to-15 year olds on Saturdays and in holiday times, funded by The Band Trust. Three separate courses were held at the Dulwich Picture Gallery, the Courtauld Institute and the National Gallery, devised and delivered by AHLU. Each course had exceptional retainment with almost all our students saying they wished to continue studying the subject. The majority of students came from under-represented backgrounds.

In 2023-24, we entered the first year of our three-year development of Introduction to Art History courses for 13-to-15 year olds, initially based on the history and collection of Waddesdon Manor, with courses run both at the Manor, and at schools and other sites in the Waddesdon Manor area.

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Accredited Art History award for KS3 and 4

In 2024-25, in another new development, AHLU is piloting courses for KS3 and KS4 students which will result in accredited awards in art history (HPQ and FPQ). This development of an accredited award in art history for GCSE-stage students is a significant step towards our ultimate goal of integrating Art History within the main school and GCSE curriculum. The pilot is undertaken in collaboration with current partners, Waddesdon Manor and the Courtauld, and with new partners, at schools and colleges in London and across the UK. We will be supported throughout by our long-standing volunteer consultant, Dr John Taylor, Chair of Examiners, Project Qualifications, Pearson Edexcel.

Our pilot starts with a ten-week course for 13-to-15 year olds delivered in-person and online as a hybrid course at the Courtauld on term-time Sunday mornings, based around their collection, with direct on-site support from Dr John Taylor. The qualification will also be piloted by AHLU and partner teachers at state schools, including a course be delivered at Waddesdon School, based around Waddesdon’s collection, and also delivered on site at Waddesdon Manor. We plan to pilot a fast-track post-GCSE summer school version of the course with local state students at Waddesdon Manor.

Our longer-term aim is to refine and make HPQ courses available to teachers in local and national schools via websites, with support including detailed resources and videos, and online and in-person training.

Eventually we plan to support teachers and schools in delivering art history courses themselves with the aim of Art History as a subject becoming embedded in more schools, and in turn an increased demand for Art History being part of a GCSE-level qualification. In due course, this will build and expand art history teaching skills and expertise in a wide range of schools, and this, along with student demand, result in the increased provision of Art History A Level.

Art History A Level is currently only taught in fewer than 1% of state schools. Our aim is to demonstrate the tangible benefits of studying Art History for all, create a pipe-line through secondary school and beyond, for young people to study Art History, share the tangible benefits for young people of this work, and ultimately ‘Save Art History’.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Management structure

The charity was founded as a Charitable Incorporated Organisation on 27 April 2017. Day-today running of the charity is conducted by the Chief Executive and a small team under the direction of and with the support of the board.

Appointment of trustees, induction and training

Trustees are appointed by the existing board and are selected for the knowledge and skills they bring to the board that are complimentary to those already present and to fulfil perceived needs. Additional training in legal responsibilities, finance and other matters is given where necessary. Where any real or perceived conflict of interest arises, trustees are asked to excuse themselves from discussion and decision making on those matters.

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Related Parties

The chair of trustees, Toby Monk, is an employee of Christie’s auction house which make grants to the charity.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity and of the surplus or deficit incurred by the charity for that year. In preparing those financial statements the trustees are required to:

The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:

The trustees’ report was approved by the Board of Trustees.

~~Aly pale~~

Toby Monk (Chair)

Trustee

14 January 2025

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Art History Link-up STATEMEfrrroFFINANC14LACTivmES F[￿ the year from1 Sewembei 20Z3 to 31August 2024 Funds 2023 Funits 2023 2Q4 2￿5 Grarts and dor￿tiOr￿ received 95 209A70 85,235 80,c￿ 125235 6W5 209870 85,235 6Q,C4XI 125236 10 178.419 37 M6.6 Total fwKls forknwd 135484 115,703 tI2TT 128F20 135,484 135.484 The statenEnt ol finar￿181 activtties irKauths al gains and losses re(x)gnised in the ￿.

Art History Link-Up

BALANCE SHEET

As at 31 August 2024

Note 31-Aug-24 31-Aug-23
£ £
Fixed assets
Tangible assets - -
Current assets
Debtors and prepayments 6 3,893 -
Cash at bank 220,077 213,519
Current liabilities
Creditors and accruals due within one year 7 (1,642) (78,035)
Net current assets 222,328 135,484
Creditors due after one year - -
Net Assets 222,328 135,484
Reserves
Retained unrestricted reserve 190,877 135,484
Restricted funds 31,451 -
Total reserves 222,328 135,484

The accompanying accounting policies and notes form part of these financial statements.

The financial statements have been prepared in accordance with the requirements of the Charity Commission.

Approved by the Trustees and signed on their behalf by:

________ ____
Ngan Jones Toby Monk
Treasurer Chair

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NOTES TO THE FINANCIAL STATEMENTS

For the year from 1 September 2023 to 31 August 2024

1. Principal accounting policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the financial statements:

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities:

Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (updated 1 January 2019) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

In preparing these financial statements Update Bulletin 1 to the Charities SORP (FRS102) has been adopted and consequently a Statement of Cash flows has not been prepared. AHLU meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accounting policy note.

The accounting period end was changed from 30 September 2023 to 31 August 2023 to align with the academic year. The comparison period for 2022-23, therefore, were prepared for the 11-month period from 1 October 2022 to 31 August 2023.

b) Preparation of the accounts on a going concern basis

The financial statements have been prepared on a going concern basis which assumes that the Charity will continue to operate. The validity of this assumption is dependent upon the continuance of support from the charity's funders and in response to the progress made by the Charity in pursuing a viable budget. The Charity's current business plan shows that the Charity will be able to operate in the foreseeable future. Based on this understanding, the trustees believe that it remains appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments, which would result from the basis of preparation being inappropriate.

c) Funds

General accumulated funds are unrestricted funds available for general purposes and include funds designated for a particular purpose; the use of such funds remains at the discretion of the trustees.

Restricted funds are funds subject to conditions imposed by the donor or by specific terms of the appeal under which the funds are raised. The restrictive conditions are binding upon the Charity.

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NOTES TO THE FINANCIAL STATEMENTS (continued)

For the year from 1 September 2023 to 31 August 2024

d) Income

Items of income are recognised and included in the accounts when all of the following criteria are met:

Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit can be measured reliably. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market. A corresponding amount is then recognised in expenditure in the period of receipt.

e) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

f) Deferred Income

Income is deferred when monies are received in advance relating to programme delivery commencing in the following financial year.

g) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

h) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

i) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and

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provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

j) Taxation

As a registered charity no provision is considered necessary for taxation.

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Art History Link-up NOTESTOTHE FlNANCIALSTATEMEP￿ (confjN8d) For the year from 1 September 2023 to 31 August 2024 2. Incom8 Total Funds 2023 Uryestrlctod RfAtrktod Fund3 Unrestricted Restriciecl 2024 2024 2024 2023 2023 Art Histo for Eve one course Chri*ie's Fund IC￿ Arts Garfield Weston Fwndation The Newby Trust The Swire Charitable Trusts TheArts Society The [￿k& ofDevonshire's Charitable Trusi Heller Charttable F￿r￿latiOn Introduciiori to Art Histo The Rothschild Foundation Core c05t5 The Rothschild Foundation Lovi ngton Foundation Linbury Trust 20,OIXI 20,000 20,O¢XI 20,000 5.OlXI 10,OIXI 20,￿0 20,￿0 ,000 3,CKIO 3,CKIO 5.OlXI 5,OlXI 84,870 20,OIX) 20,000 20,OIX) 20,0 20,OIX) 20,000 27,000 27,000 209 60 CM)0 60 CHJD 16

Art History Link-up NOTESTOTHE Fifw4CIAL STATEMEKfs (confjrned) For the year from 1 September 2023 to 31 August 2024 2. Incorne (contlnued) Total FutKJs 2023 Uryestrfcted Rutr*ted Funds Unrestricted Restricted 2024 2024 2024 2023 2023 Unrestricted Boisdale CL)lonel W.H. Whitbread The Law Family Charitable Foundation The CompanyofArts Sc￿lars Charitsble Trust The Modem House Victoria Yanakova Hattie Bennett Memorial Fund M￿hael Marks Charitable Trust Other income Pairons and Supporters Donations rants 4,000 5,000 15,569 15,669 15,000 15,000 5,IXIO 5,000 18,750 4,396 10,000 4,000 10,000 4,000 10,000 1&750 lo￿0 4,500 11250 8,416 12250 8,416 65 35 65 35 209 60￿0 125 235 17

Art History Link-up NOTESTOTHE Fifw4cLALSTATEMEPfft (conurned) For the ￿ar from 1 September 2023 to 31 August 2024 Total Funds 2023 Uryestrlcted RestrtL￿ FuTrJ8 Unrestricte(J Restricted 2024 2024 2023 2023 Salaries and staff costs Other staffing and miscellaneous expenses Teaching Accommodation Evaluation ma￿eting and Fundrais H05Pitality and travel PLJblic Liability Insurance DBS check5 Other direct prosramme costs M1,764 11,991 34294 34294 2,655 1656 8,0(X) 5,822 3,681 1n,T64 10,405 7240 13,495 43,0 4228 21958 53,436 11,468 37,453 8277 1,006 235 514 14P99 M,024 1,(X)5 235 11024 1,005 235 805 1245 330 52 l245 18

Art History Link-up NOTESTOTHE FINANCIAL STATEMEbrrs(confjN8d) For the year from1 September 2023 to 31 August 2024 Tntst888 None of the trustees {or any persons connected with them) received at)y remuneration benefits f rom the charity during the year_ S. Stsff costs 2024 2024 2024 2023 Total Salaries and wages ial security costs Pension costs 105,522 4.149 2,093 15,522 52,445 991 53 438 No employee received employee be￿rits (excl￿1n8 employer National Insurance and employer pension) over £80,0￿. The total amount of employee benefits received by key management personnel (excludi￿ employer National Insurance and employer pension) was £56,784 (2023: £5a445). The avera8e wmber of persons employed bythe charity in tFie year was 3 Q023:1). 31-A￿24 31.Aus.23 Accrued Ineome Prepayments 3,750 143 7. Crethr8: amounts fallln8 du8 wltNn on8y8ar 3FAu8.24 31.Aus.23 Trade creditors Other tsxation and social security Deferred Ir￿oMe AccrLJals 1,TT3 1,882 73,500 1,480 19

Art History Link-up NOTESTOTHE Fifw4CIAL STATEMETrrfs (confjrned) For the year from1 September 2023 to 31 August 2024 78.035 & Movement In •Jnds Brought I￿OM1r￿ forward resources Reswrces expended 2024 Art Histo for Eve Brought forward The Swire Charitsble Trust Garfield Westorh Fwndation Newby Trust Christie's Fund tI￿ArtS The [￿k@ ofDevonshire's Charitable Trust Hellercharitable Fwndation one course 10,000 20,000 5,000 20,000 (10,IXIO> (20,000> (5,IXIO> (20,000> 5,000 5,000 (1296> Introduction to Art Histo The Fk>thschild Foundation 84,870 <68.773> CL)re costs LinburyTrust Lovington Foundation The Flothschild Foundation 20,000 20,000 20,000 <15,760> (15,760> ¢20,￿0> 4240 Totsl Restricted Funds Other srants arTrd incorne 135,484 65,595 00,034 191.047 Totsl Unrestricted Funds 135484 Totsl FurKts 28 20

Art History Link-up NOTESTOTHE FINANCIAL STATEMEl+rfs (conutw For the year from1 September 2023 to 31 AL¥USt 2024 & Movemem kn funds (Conunued) 2023 Brcwt fonmard Incomin8 resources Resources expended Art Histo course Brought forward Christie's Fund for the Arts The Swire Charitable Trust TheArts Society for Eve one 11217 (M2 (20.OIXI) (10.OIXI) (lo￿) 20,000 10,000 3,000 Core costs The Rothschild Foundation 27,000 (27.0(Kl) Total Restricted Funds Go,￿0 Other grants arKJ income 115,703 66,235 (45,454) 135N84 Total Unrestricted Funds 115,703 65,235 (45,454) 135fv84 Totsl Fur 18 135 21

Art History Link-up NOTESTO THE Fifw4ciAL STATEMEl+rrs (coniirvjed) For the year from 1 September 2023 to 31 August 2024 9. Anaty818 ofnet a88ats t*lWO8n funds funds Jnds Fund balawes at 31 March 2024 are presented by: Current assets 191.047 31,281 222,328 19I047 31281 222?28 Fund bala￿eS at 31 March 2023 are presented ty. Current assets 135.484 135.484 135484 135484 10. Tran8acfjon8 wllh rnlatod partlos During the year the charity received a grant of £20,0(KI (2022-23: £20,000) from Christie's of which the Chair of the Trustees, Toby MonK is an employee. In addition to 8rant4 Christie's also provided Offi￿ spac& 22

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ART HISTORY LINK-UP

For the period from 1 September 2023 to 31 August 2024

I report to the trustees on my examination of the financial statements of Art History Link-up for the year ended 31 August 2024.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

INDEPENDENT EXAMINER’S STATEMENT

Since the CIO’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the CIO as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

…………………………

Aamer Shehzad FCA

Accountability Europe Ltd

Omnibus Workspace

39-41 North Road

London N7 9DP

Date: 12/03/2025

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