Chaiity r•gistTr1ion numbof Charity registrntion nurnber 1180025 ASSOCIATION FOR HERITAGE INTERPRETATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 • xeinadin ASSOCIATION FOR HERITAGE INTERPRETATION LEGAL AND ADMINISTRATIVE INFORMATION Trusteès Ja(*ie Lee Mid)ael Glen Ruth Coulthard Amelia Evan5 Gwn Glen￿r5e Damon Mahoney Geraldine Mathieson Philip Ryland Chris Wdlker Eric Langh3m Barbara Acan Astr￿ Krumins {Appointe(113 Oclober 20231 {Appointed 4 December 20231 {AppointÈd 13 October 20231 {Appointed 13 Ociober 20231 Charity number Charity registrabon number 1180025 Principal addTess 25 Re(xeation Way Ketn51ey sittingboume Kent England ME10 2RD Indepèndent examiner Fiona Howaid FCA CTA FMMT XÈinadin South East Limited sittingbourr Kent United lfjngdom ME10 5BH ASSOCIATION FOR HERITAGE INTERPRETATION CONTENTS Page Chairfs Statement Trustees. report 3-10 Statement of IJu5tees' responsibilities 11 Independent examiners report 12 Stalement of finanimal a¢knties 13 Balance sheet 14 Note$ to the finanrAal statemenls 15-22 ASSOCIATION FOR HERITAGE INTERPRETATION CHAIR'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 The d)aii presents their statement for Ihe year. Aehievements and Perfornianeè In many ways. 202&2024 was a better year for AHI and for the sector. as events and activities ha￿ Continued to open up sinoe the worst days ofthe pandemic. The conference continues tts be one of AHI'S most valuable events. The qualtty of pape[5, projects and speakers was high. 11 provided delegates and organisers wrth much-needed ￿nneCtiOn. in5piralion. and expertise. It was also the year of our Engaging People Awards. our celebration of èxCeller￿e wilhin the profession. Those on the short-lisl represented a diverse range of entrants demonstrating how excellent inlerpretation is central to the success of their projects. In 2(123, Ihe Young Interpreter Award was renamed the Lara Clare Munden Award in recognition ol the work ol this young interpreter whose lrfe was cut short. Eartier in the year. in May, AHI attended Ihe Museum + Herilage Show and this was a valuable way tr) ￿nned wtth member5. associates, and friends." both longstanding and new, acxoss the sèctor. AHI was rèpiesenled by a stsnd for tsyo days, took part in nelworking actwities and shared sample copies of our Best Practice Guide5. These were hugely popular and a great way to lurther AHI s reputation while supporting the event and the wider sector at the same time. We have continued lo build on our Besl Practice Guide library of resources and have contsnued to run webinars led by the authors and co-authors. Cost sawngs have been made by continuing to hold most of our committee meetings online. All the training for the new round of the Engaging Peo￿& Awards, as well as the Panel Judge meetings were all held on zoom thus saving the finances of AHI as well as the pLqnet. We havè been able to ctsn5idei our longer-leim goals including ways to celebrate the AHI'S 50th anniversary in 2025 when we shall look back at OLtr own heritage while seekn'ng to develop our digital offers further. AHI is investigating funding opportunilies to fvrther these goals. Beth Morafon parlacipaled in leadership training ￿th the School for SocAal Entrepfeneurs prowded as part ol Heiilage Trade Up. The programme ran for a year and prowded a total of £3.250 towards improving activibes. The programme focused on building networks, diversfying audiences. and refining the organisational offer. Vve continue to highlight on the webstie our S￿A discount for retired members and, for indusivity, AHI has extended this lo indude qualfying low-incomè members. The Trustees had the privilege of nominating Carolyn Uoyd Brown for an Honorary Fellowship in recognition for her outstanding contribution to heritage intefpfetation. The appointment was approved at the AGM in October. ASSOCIATION FOR HERITAGE INTERPRETATION CHAIR'S STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Thanks It fett like a better year for AHI and the sector. l am hugety graleful for the support of our Administrator, Trustees, members and volunteers. and to OUT Fell￿$ who provide beneffts to AHI and the wider industry. We believe that AHI punthes well above its weight, in lenns of support and impact acmss the se(aor, and this is due to the efforts of our outstanding teams. In particular, I wish lo give hugè thanks Ruth Coutthafd. Geraldine Malh￿son and Jo Scott of the Awards Group who have worked lirdessly throughout the year to create our amazing Engaging People Awaid5 Scheme. Thanks also go to Gavin Glencorse who designed all the Awaid certthcates and to Becky Boyes-major who des¢gned the physical manifestation of both the Excellence in Interpretation and the Lara Clare Munden Awaids. Thanks also go to Geraldine Mathieson for actlng as Conference Lead arKI to T￿aSurel Michad Hamish Glen who chaired the confèrence tearn. l am very grateful for their work. wilh the wideT team. to ¢Jeale the 2023 Conference. l am also grateful for the supwrt ol Beth M6raftsn who slood down from the role of Chair after two years ￿MaInS a TIu51ee. l also wish to thank all the Trustee5 who tile￿ssfy work on their various responsibilib.es within the committee and give so much ol their lime and talents loAHI. l am delighted to welwme our Trustee, Barbara Stela Acan who was elethd on to the rJ)mmittee in October 2023 and thank her for her considerable contribution in her first few months on the c¥)mmiltee. I thank Lyn Re¢Jknap, our Administratoi the Ttustees and l are hugely grateful for her work for AHI and tts members. Personalty. I greatty appreciate Lyn fr)r her help and guidance to rne in the earty months of my role as ehaii enabling me lo understand the workings of the organisation and wish to say a big thank you foT her enormous pabence wrth me. On behalf of AHI. I should also like to thank our new Journal Editor Bill Bevan, Greei Glovei who continues to provide copy edrting services and Neil Morgan our joumal designer. I would like tts thank the team for the Joumal's high-qualty eonlent. design. and print, alongside Trustee Damon Mahoney who conb.nues to charnpion the AHI brand. Finally. I should like to Ihank all AHI'S members for their work in intetprèb.ng herÈtage across the UK and Ireland, alongside our overseas rnernbeT5 and partneTS. in particulai the Gk)bal Alliance for Heritage Interpreialion IGAHII. Jackie Lee Chair Date.. 18 October 2024 ASSOCIATION FOR HERITAGE INTERPRETATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The finan￿al statements have been prepared in actThdance wilh thè ac¢x>unb"ng policie5 set OLrt in t)01è 1 to the financial statement5 and compty with the charitys tgoveming doujmentl. the Charities Act 2011 and "Accounting and Reporting by Chartties.. Statement ol Recommended Practice applicable lo chartbes preparing their accounts in accordance with the Financial Reporting Stsndard applicablè in the UK and Republic of Ireland IFRS 1021" {effective 1 January 2019). Objeclives and activill•s a. Mlsslon and vision AHI'S wsion is that •￿ryOne'S li￿ is enriched through great heritage intèrprètstion AHI'S mission". To achieve our wsion we promote ex(£lIen￿, support prathtioners and raise the profile of natural and tu￿ural heritage interpretation b. Activitlès for achieving obJectl¥es The Association works to encourage and promole ex(xllen¢e in the process of communicatin9 to people the significance of a place, object. person or event. so that they may enjoy it more. understand theif oi others, heritage and environment better and devekjp a POSTtive attitude to o)nservation. The Association supports interpreters working in places such as historic houses. museurns. national pa￿s, urban and rural areas. and local communibes. They are teachers. slorytelleis. writer5. artists. curators, designer5. scientists and enthusiasts. The tsbied of Ihe CIO is to advan￿ eilucalion in. 8nd fr)ster and encourage a greater understsnding of. the natural and CLkllural environment for the benefft of the public by promoting the arts and sc$en￿$ of interpretation and their application. the encoui8gemenl of research and edurab.on therein and. in particular, to advance the standards of education, qualffication (x)mpetence and conduct of those who practise Interpretation as a profèssion. c. Main activltl•s undertsken to further the charitys purposes for the publlc benèfft We tsrry out our mission through Promoting excellence through effective marketing, awards scheme. annual conference and website Supporting practitioners Ihiough a professional development structure, an annual programme of evenl8 and tearnin9 journey5. a bF4nnual joumal. best praGtEGe guidelines and academic link5 Raising the profile of heritage interpretation through partnership working and a(Ivotscy acioss the heritage 5edoi and beyond Public bènefft The Trustees have paid due regard to guidan(e issued by the Charity Commissh)n in deoding what 8cliwlies the charity should undertake. ASSOCIATION FOR HERITAGE INTERPRETATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and p•rforman¢e SignAfAcant aGlivities and achievements againsl ob￿S a. Kèy financial pertornian¢e indicators e have strengthened our overall finanaal management Sin￿ wè be¢zme a CIO. This is not sirnply to ensure compliance wrth all the statutory requiièments of suth a body but also to help our Tnjstees and Adtniriislralor plan and monittsi tsur adiwties wthin a dear financFal policy. Suth a policy has been agreed by our TIu5tees and endorsed by our rnembers. This indudes a re￿5￿n of the former Associal￿n'S reserves ptsli¢y which was to maintain sufficient reserves to maintain three month5. normal operations. We now aim to hokl in reserve funds equivalent lo the average tumover of the preceding IhreÈ years. Achieving and maintaining that wtll be an overall key perforrnan￿ indicator of our finanual health. It will be prudent lo aim for a year-on-year increase in surplus of 5°A to allow for inflation arhd tsthèi costs beyond AHI'S control although the impact of Cov7&19 has and will have a negative effect on this. The reserves policy is intended to cover experhdrtuie. induding luffilling our responsibilities as an employer. and to buy time to manage cash flow and expenses in the event of any of the following.. a downtum in membership income a downtum in event income a loss on the annual conference losses on other actiwlies We have also developed a forward budgetiThJ regime whith allows us to Set realistic incomè and Èxpènditure targets cY*mpare actual rèvenue and ¢osts against thèsè targets In particular, we sel perfomance tsrgets li.e.. achiewng a surplus of income over direct costs) foi the followng.. subscriptions the conference and events advertising suppliers. directory These are wlal performance indicators that must be designed to achievè the overall tsfget of increasing our annual surplu5 by al least 5°/0 each year as set out abtsve. This has not been achieved in the year ending 31 Marth 2024 and trustees are taking steps lo rectify the srtuation. b. Review of attivities Award$ Subgroup The Awards are co-ordinated on behaff of AHI by the Awards sub-group whith compiise5 Jackie Lee (Chairl, Ruth oullhard, Geraldine Malhieson and Jo s￿tt. The 2023 Engaging People Awards {sponsored by The Creative Corel were opened for entry at the conference in Ociober 2022. The winners were announced at a gala dinner attended by 98 people on 12 October 2023 and featured in the winter issue of the Joumal. Thè Judging Panel was comprisèd of Ruth Coulthard, Ja(*iè Lae, Dawd Masters and Andrew Todd. The site judges, recruited and trained from oui rnembership. all give up their lime freely to travel to the various 5hortlisted sites when required and revkew the projects. The work undertaken by the site judges means that evèry shortlisted entry is indiwdualty judged by tsvo professional interpreters within AHI and is a considerable leat trf organisation managèd by Jo Scott to whom my thanks ft>r this. For this round several of the entries We￿ able to be judged online. The Categories and winners we￿- ASSOCIATION FOR HERITAGE INTERPRETATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 For Excellence in Inlerprelation (the overall winner) - Changes in a Llfetime Mus•um lo￿neY Na￿ra1 History Society Museum) Cllmat• Caf•s - The Lara Clare Munden Award for Yourw Intèrpreter of Ihe Year (Sponsored by Mi¢*ael Hamish G￿n and Bright itel.. Catherine Wright Outstanding Contribution to Inte￿retat10n'. Carolyn Uoyd Brown IFAHII Indoors Category- SponSo￿d by Fraser Rand311 nner.. National Famine Museum. Strokestown Estale, County Roscommon Finalists.. Marble Hill Rewved. English Heritage & Skellon Studio . Reimagining Wordsworth. The Wordsworth Trust & Nissèn RthaTds Sludio Outdoors Catègory- Sponsored by NovaDura Commended". Revealing. Reviving and Resttiring Great Lirkford Manoi Park, The Parks Trust & Outside Studios . More Than Words, The Sènsory Trust and Whèal Martyn Clayworks Temporary Event orA￿1v￿ category- Sponsored by Be￿nder Winner. The Future Belongs To What Was As Much As Ylhat b. by Morag MYe￿¢ough at Housesteads Roman Fort. English Herrtage Commended.. Permissible Beairty, Historic Royal Palaces and Urkiversty of Leicestèr OOT & ABOOT - Talkn"ng Coquetdale. The Out of Town Museum {OOTI. part of Baildfg*e Museum & Gallery. Alnwck Community Engagement ¢ate90ry- Sponsored by Tandem Dèsign nner." R•building Lives: SO years of Ugandan Asians. Navtang Arts Commèndèd.. . Open All Hour5 al ￿rksW0rth. New Opportunities ￿rkSWOrth & inHerilage Finalists.. . Exchange Project. SS Great Britain Twst - South Asia Gallery". A British Museum parlnership at Manchester Museum. Manthe5ter Museum & South Asia Gallery Collective Calling Out Climate Change category- Sponsored by The Way Design Winner" Changes in a Lifetime: Climate Cafés at Stromnèss Museum. Orkrw Nalural History Society Museum Finalist= . AWor1d of Good al Wakefield Museum. Wakefield Museums & Caslles A suecesslul Engaging People Awards Webinar was held on 23 January 2024 where attendees had the chance to find out rnore about category winners and theif projects and how they demonstrated best practice in heritage interpretation. ASSOCIATION FOR HERITAGE INTERPRETATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Professional DÈvelopment and Trnining Subgroyp This group is chaired by Philip Ryland. There are now a total 0116 best practice guidelines. on a lange of topiGs. available to members. During the course of thè year. the last few original guides have been refreshed and updated. All our suite of guides are now available on the website. During 202&2024. five Full Membership applications were received. CongratulatlOn5 go to Susan Dymon, Claire Dalton, Ruth McKew and EmÉly Summers-mileman who weie all awarded Full tnernber status. In September 2023. AHI Trustees approved a request from the Full Mernbership panel to temporarily 'freeze' consideration of new full metnbership applications until 31st December 2023 to ena￿e the rewew piooess to take place. Following initial feedback, it was deuded to widen the ieview and look at all the indsvidual membership Categories. WhTle discussion continues on how we carry out change5 to Full Membership. we have re-opened the application procèss as several people wished to appty for thi$ category. The process of increasing awareness of the beneffts of Full Membership continues. Members interested in gaining full membership status arè able to take advice from a member of the Full Membership Pand. Eric Langham was awaTded Fellowship 4 June 2023, and we weie able lo Ix*ngratulate Eric and ad(no¥￿edge his achievement dur¢ng theAGM in October. The AHI Events are co-ordinated by Ruth Coutthard. t)uring the peiiod April 2023 - Mard) 2024. AHI offered the following training events.. AHI IP4ebinars.' 27 April 2023 - Introductng a Costumed Interpretation Prograrnme al your Heritage Site or Museum with Jackie Lee IMAHII 22 Novembèr 2023- Commissioning and Tendering for IntÈrpTétst￿n Projects with Lisa Keys IMAHII AHI along with six other interpretth.on organisations are invofved ￿th a series of webinars showcasing global interpretation organised by the Global Mliance for Heiitage. ASSOCIATION FOR HERITAGE INTERPRETATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Courses.. The Heritagè Inlerpretstion online course was run by Sarah Oswald {MAHI} during June and July 2023. These workshops are tailored towards developing the competen(ies requiied for Full AHI Membership. A W[￿.￿g Interpretation for Children and FamIl￿S workshop with Cathy Lew"s on 29 September 2023 at Dorche5ter Museum. A second Hetilage Interpretation online course was njn by Sarah Oswald durtng February and March 2024. Evaluations completed after the events indicate that path'upants value the professionalism, skill and experience of ihe trainèrs. along with the opportunrty to work with partiapants from a wde rary of professional backgrounds and disaplines. AHI tskes every opportunty lo seek ideas from members for ftrture training events,. this is done wa discussions at the annual conference, through feedback frorn participants at events. by disojssions on Linkedln, and via informal conversations beh¥eenAHI members and commrttee Trustee5. Maintaining and ènhancing membership numbers and maximising revenues from 5POllsorship and advertising are important foi geneiating income to fund the work of the Association. At the end of the 202&24 membership year there were 364 members of the Association. of whotn 22 weie Students. 171 were Assoryales. 46 were Full Members. seven were Fellows, th￿e were Honorary Fellows. 94 weie Corporate Members and 19 were Speryal Members (Palron, coM￿eMentary, CopyrÈght and Reriproc31 Memberships where no fee is paid). Marketing & Communications Subgmup The Marcomms Group is chaired by Damon Mahoney. The group (xtrvÈrs general marketing and communications for the Association. its events and actmties. Website.. Managed by Damon Mahoney. The websrte iemains an important tool for the Asswation to promotè ils activities and events and to prowde too15. SUPPOrt and leaming opportunilies for the membership. In 2023-24 thè websrte had 10,899 page views. Social Media." The 50cAal channels combined with the website fom) an important thannel fw marketing and promoting AHI and ry)ntinue to see gro¥th and engagement. X Ifomierty Twitter) has 3,199 followets. The Facebook Page has 2.400 ft>11¢)wers_ The Linkedln GTOUP has over 1.882 followers. Joumal.. The summer ed￿On of the Joumal was issued in June 2023 and was the first produced by new edrtor Bill Bevan and the thème wa5 Audiences. The winter edition was issued in December 2023 and fowsed on the EThJaging People Awards. Thè EditLir worked alongside Phi15p Ryland (AHI Trus(eel, Greer Gover Icopy Edilorl and Neil Mofgan lJoumal Designer) to deliver twts high qualrty joumals which We￿ very well rec£i¥ed by the membership. eNews and èBull8tins'. AHI senl Olrt 10 news￿lter$. 25 buletin5 in 202>24 and numerous social posts nc>tifying members of events and employment or lender opportUn￿"es. ASSOCIATION FOR HERITAGE INTERPRETATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Fundralsingperfonnance Conf•rence Subgroup AHI'S Conference Group, Geraldine Mathieson. Michael Hamish Glen. Astrid Krumins, Ruth Coulthaid. Eric Langham and Damon Mahoney. The group was supported by volunteer member Lorraine HeyÈs. The conference. sponsored by The Cieatrve Core. was held at The Lincoln Hotd. in Lincokn between Wednesday. 11 and Friday, 13 O¢tober 2023. ReBalance". Exploiing balan￿, equty and the environnwrt - ch8nging the dimate of natural and cuknr81 interpretation. The conference core themes wefe". . How is interpretation helping communth.es feel more connbdeil ￿th the herilage on their doorstep. How is interprelation helping people to embrace Change? le.g. Changes in attitude, populalion. dimate, politics) How is inlerprelalion adapting to stay eonnede(l and relevant to the off-site audiences connected with during Lockdown, a5 well as the on-site wsitors who are retuming. The generous bursary given by Ihree (xjrporate sponsors IHalèy Sharpe Design Limited. ATS Hèritage and Barker Langhaml was used to enablè three early-￿reeT intetptetÈrs to attend the event. The pre-conference workshop on evaluating techniques was led by Kate Measures {Herttage Insider}. A fvn-filled practical masterdass covering evaluating techniques for a wde range of hentsge project5 and was attended by seven people. We had a ttstal 0186 delegates attend the confwence165 membets and 21 non￿eMbers). The 16 speakers and one open session from a wide range tsf backgrounds and industries, and this was valued by the delegates in adding to the interest of the conference. One Speaker gave their live presentstion by Zoom a5 they were unable to attend in pèrson. Keynotes . Mary Powell. Place & Investment Manager. Lincolnshire County Council- How interprètstitsn adds value to Visitors. * Ivan Annibal, Sooal Value Engine- Measuring the Unmeasufable. Norma G￿gory, Nottingham News Centre Digging Deeper. A Joumey Interpreting Bla¢k British Industrial Heritage. . ProfAnne Chick. The Sensationaj Museum-"Using Cr￿Creat￿ to change how museums Wofk for everyone.. Thefe were ts¥o superb options ft)r getling out arml abLKrt on Thursday." Group 1- Guided walks from hotel. thosè on the day betr￿n 'Jewish LInc￿n. and 'Cathedral Quarter Connected,, lo Lincoln Museum induding 8 sample of three Hilstreet self-guided herrtage trai15 and a worknng lunch at Southside (fomierfy St Catherine's Church). The group then hoppeil onlo a bus to The International Bomber Command Centie (IBCCI for talks and lour. The finished the day with a 2000 Year5 of History open-topped bus tour back to the htslel. Group 2 - Discovery walk from hotel lo Lincoln Castle IM3gna Carta. Ifictorian Prison & Wall Walk) 2000 Years of History open-topped bus tour and return to Cathedral aiea. The partTrC4pants ojuld choose from a number of experiences within walking distance. including Linwln Museutn. Usher Gallery. Museum of Lincolnshire Life, Lincoln Cathedral, Lineolft Medieval Bishops Pa1￿ or chcrf)se lo explore the Cty of Lincoln at their own pace. TheAGM was held on 13 October 2023 with 36 delegates atterKling. Sècrètariat Lyn Redknap conb.nued to prwde administrative suppwt to AHI which induded sustaining AHI'S membership. enabling AHI'S actiwlies, financial management. supporting projects and helping AHI'S Trustees wtth their work. . Investment policy and perfornmnce AHI has a simple investment policy that follows our finanryal poliq of gaining interest on our cash reserves while retaining accessibility. This has beèn achieved by our holding funds in an appropriate acLount at our bank. ASSOCIATION FOR HERITAGE INTERPRETATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Financial revkw Going GOn￿M . Going ¢oncem After making appropriate enquiries. the TTuslees have a [easonab￿ expeclation that the Charity has adèquate resources lo continue in tsperalional e￿$tenCe for the foreseeable future. For this reason, they continue to adtspt the going-concem basis in preparing the finanaal statement5. Further details regarding the adoption of the going- concern basis can be found in the Accounting Policaes. R&s8mès policy It is the policy of the charity that unrestricted funds vthich have not been design*ed foi a specrfic use should be maintained al a level equivalent to between three and six month's èxpendiluie. The Trustees consider that reserves at this level will ensure that, in the event of a signfficant drop in funding. they will be able to conts'nue the charity's urTent activities while consideration is given to ways in whi¢h additional fvnds may be raised. This level of reserves has been maintained Ihioughout the year. struc￿￿, governance and management 111 The Objects for which the charty is established is to advan(% edl￿atIon in, and foster and encouragè a grèatèr understanding ol. the natural and cuhural enwronmenl for the benefit of the public by promoting the art5 and scièn￿5 of interpretation and their application, the encouragement of 1ÈseaToh and educats.on therein and. in particular. lo advance the standard$ of education, qualffication Competer￿ and conduct of those who practise Interpretation as a profession. 12} The expression'intèrprelation. shall mean thè pri)cess of communFc*ing lo people the signfficance of a place or object, so that they may enjoy rt more. undeT51and theii h￿1t8ge and environment better and develop a positive atts'tude to conservation. The CIO was enteied onlo the Register of Charrties on 21 Seplernber 2018. The TTUStees who seNed during the year 8nd up to the date of signature of the finan(ial stslemerrt5 were.. Jackie Lee- Chair lelected 13 October 20231 Eric Langham- vic￿chaIr Irtreiected 13 October 20231 Astrid Krumins- Secretary Michael Hamish Glen- Treasurer Barbara Stell8 Acan- Trustee {ebected 13 October 2023} Ruth Coutthard- Trustee Amelia Evans- Trustee Gawn Glencorse-Trustee Damon Mahoney- Trustee Geraldine Mathieson- Trustee Beth Morafon- Truslee (resigned as Chaw 13 October 2023) Philip RyJand- Trustee Chris Wdlker- Trustee Ire-appointe(14 December 2023 ASSOCIATION FOR HERITAGE INTERPRETATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 ReGlUltment and appointment Oltn￿teeS The management of the Charity is the responsI￿litY of the Trustees WIK) are elected and appointed undei the tefrns of the conslrtution. Management of the A$s￿i*l￿n Ès vested in its Execubve Cornmrtiee which is responsible for policy, strategy and budgets, along with the overall financial and professional probty of the Asso￿?119￿. The Executive Committee meets three or four titnes each year and communicates exiensively by phone. zoom and email. In 2023-24 there were five working groups reporting to the Executive Cornmrttee, these being Operations, Marketing and Communications. Awards, PrOfeSs￿nal Deveknpment and Trainlng and Conference. An Annual General Meeting is held each year. A report of the Assoryation's activf(ies and an account of income and expendituie are presented to Assouab"on mèmbèrs. Resoluttons are deuded by simple majority votè. with those Invol￿￿9 amendments to the conststution requiring a Iwo thir(fs majority. The Trustees may call a Special General Meèting al any time and must call one rf requested in wnb.ng by at least ten member5 01 one tenth of the membership, whichever is the greatest. Organi$8ts"onal stnKture Leadership and management ol the Assouation ts prowded by its unpaid Executwe Commitiee. Its core adivities are carried out by ordinary members or existing members of the Executtve Committee who volunteer to take on individual ￿SpOnsibl1rtieS or be part of Working Groups. Aside from administration of the Association. journal editors and production and delivery of training events. which are the subje¢t of contracts with private sector organisations, all these core activities are carried by volunteer tnembers. The trustees. report was appioved by the Boar(l of Ttuslees. Jackie Lee Truste• Michael Glen Tntste• 29 October 2024 10- ASSOCIATION FOR HERITAGE INTERPRETATION STATEMENT OF TRUSTEES, RESPONSIBILrriES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees are responsible foi preparing the Twslees. Report and Ihe financial statements in accordance with applicablè law and United ￿"ngdoM Accounting Standards {Unrted lQ"ngdom Generalty Accepted Accounting Practtcel. The law applicable to chaTilie5 in England and Wales reqLsires the Trustees to p￿pare finantyJ statements for each financial year which give a twe and fair wew of the stste of affairs of the charity and of the in￿ming resoureÈ$ and pplication of ￿soU[Ce5 of the charity for that year. In preparing thèse financial statements. the Truslees are required to.. - select suitable accounting poli(ies and then appty them consistentty", - observe the methods and prinryples in the Charibes SORP", - make judgemènts and estimates that are reasonable arKI prLhYent'. state whether ap￿1¢able accounting standards have been followed, subj-ect to any material departLtres disdosed and explained in the finaneial statemenls.. and prepare the finanaal ststements on the going concem basis Un￿$5 f( is inappropriate to presume that the charity will Continue in operation. The Trustees are rèsponsible for keeping suffiaènt a(£ounkn"ng rery)rds Ihat disdose with veasonable accuracy at any time the finanryal position of the charity and enable Ihem to ensure Ihat the financial slalements comply with the Chantiès Ad 2011. Ihe Charity (Account5 and Reports) Regulations 2(K)8 and the prow5ions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for tsking reasonable step5 for the prevention and detectton of fraud and other irregulanties. Jackie Lee Trustee 11 ASSOCIATION FOR HERITAGE INTERPRETATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ASSOCIATION FOR HERITAGE INTERPRETATION I rèport to the Trustees on my examination of the finanual st3tèmen15 of Assoaaiion for Hèrttage Interpretation Ithe charityl for the year ended 31 March 2024. Responsibilities and basis of report As the Trustees of the charity you are responsible for the preparation of the financial statements in aecordance with the requirèments ol the Charities Acl 2011 (the 2011 Act). I report in respect of my examination of the charitys financial statements carried out under section 145 of the 2011 Act. In carrying OLJt my examination I have folbwed 311 the applicable Directions gwen by the Charity Commission under section 14515llb} of the 2011 Ad. Inde￿nd+nt examinerfs ststement Your attention is drawn to the fact that the chawty has prepared financial statemerbts in accordance with Accounb"ng and Reporting by Charities preparing their acYz*unt5 in accordan￿ with thè Finanual Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Ac(x)unting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred lo in Ihe extant regulations bul has now been w((hdrawn. l understsnd that this has been done in order ft)r finan￿al statemen15 to piowde a true and fair wew in accordance wf(h Generally Accepted Accounting Pracb"ce effectwe for reporting perv)ds beginning on or after 1 January 2015. I have ctsrnpleted my examination. I conffimi Ihat no malters have com& to my attention in ￿nne￿IOn wrth the exarninalion giving me cause to believe that in any material respect-. accounting records were not kept in respect of the charty as required by se¢b"on 130 of the 2011 Act.. or the financial Statements do not a¢xord wrth those rectsrds." or the finanaal slalements do not compfy wrth thè applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that Ihe accounts give a true and fair wew whi¢* is not a mattel consÉdered as part of an independent examination. I have no ¢oncems and havè come across no other matters in connection with the examination lo which attention should be drawn in this rèport in order to enable a proper understanding of the financial 51atemenls to be reached. Fiona Howard FCA CTA FMAAT Xeknadin South East Limited 12 Conqueror Court sittingboume Kent ME10 5BH Unrted Kingdom Dated.. 29 October 2024 12_ ASSOCIATION FOR HERITAGE INTERPRETATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Rèstrict funds funds 2024 2024 Total Unrnstrieted Restricted funds lunds 2023 2023 Totsl 2024 2023 Notes Incomo and endowments from: Charitable activities Investmenls Othei income 70.527 70,527 46.488 430 46.488 430 2,250 2.250 Total income 74.243 74,243 47.918 47,918 Expenditure on: Charitable acliwlies 71.095 71,095 62.769 885 63.654 Total expenditurn 71,095 71.095 62,769 885 63,654 Net inctsmellexpenditurel and movèment in funds 3,148 3,148 114.8511 18851 115.7361 Reconciliation of funds: Fund balances at 1 April 2023 67,346 1,487 68,833 82.197 2,372 84.569 Fund balances at31 2024 70,494 1,487 71.981 67.346 1,487 68,833 The statement of financial activiliÈs indudes all gains and losses re￿gnISed in the year. All irw)me and expendilure derive from (x)nlinuing activitiès. ASSOCIATION FOR HERITAGE INTERPRETATION BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Current assets Debtois Cash at bank and in hand 11 2,918 89,440 8,207 78,449 92.358 86,656 Creditovs: amounts falling duè within on• y•ar 12 {20.3rn {17,8231 Net current assets 71.981 68,833 Net assets excluding p•nsion liability 71.981 68.833 The funds ofthe charity Restricted income fijnds Unieslricled funds 14 1.487 70.494 1,487 67,34 71,981 68,833 The finanual statements were approved by the Trustees orh 29 October 2024 Jackie Lee Trustee m￿hael Glen Trustee 14_ ASSOCIATION FOR HERITAGE INTERPRETATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢counting policies Charity infommtion Assoclation for Heritage IntèrprÈtstion is a charitabk ino)rporated organisation registe￿ in England and Wales. The prinopal Offi￿ is 25 Recreab"on Way, Kemsley, Srtb"ngboume, ME10 2RD. 1.1 Accounting convention The financial statements havè been prepared in arthrdance wilh Ihe Charilies SORP IFRS 102F A¢¢ounting and Reporting by Chattties.. Statement of Recommended Practice applicable tts charities pieparing their accounts in 8¢¢ordance with the Finanryal Retx)rbng Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. the Finanual Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and the Charitses Act 2011. The finanoal statements have been prepared to gwe a Irue and fairf view and have departed from thè Charities (Accounts and Reports) Regulations 2008 only to the exlent required tts prowde a'true and fairf view. This departure has 5nvofved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charttkes". Statement of Recomtnended Pracbce effethe Iiotn 1 April 2005 which has since been wrthdrawn. Assouation for Heritage Interpretalion meets the dèfinthon of a public benefft enlty under FRS 102. Assets and liabilities are initially recognised al histori¢81 ￿$1 or tranSa￿On value unless otherwse stated in the relevant accounts'ng policy. The finanfjal 51alemenls have departed from the Charities (Accounts and Report51 Regulations 2008 onty lo the extent required to prowde a true and fail wew. This departure ha5 involved following the Statement of Recomrnended Practice for charrties apptying FRS 102 rather than the version of the Statement of Recommènded Practice which is referred to in the Regulab"ons but whith has since been wrthdrawn. The financial statements are prepared in sterfing. whith is the fvnclional currenGy of the charity. Monetary arrount5 in these finanual statemenÈs are rounded to the nearest £. The financial statements have been PTepared undef the historrcal cost convention. Imijdtfied lo include the revaluation of freehold properties and to &nGlude investment propettie5 and Certain financial instruments at fair valuel- The prinupal accounting poliaes adopted are set out belcy4V. 1.2 Going concèm Al the time of approving the firsancial staterTtentS. the Trustee5 have a Teasonable expectation that the charity has adequale resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concem basis of ac(x)unb"ng in preparing the finawal statements. 1.3 Charitsble funds Unie51ricteil funds are available for use at the disrxètK)n ol the Trustees in fvrlherance of their charitsble objectives. Reslrrded fvnds are subiect to specffic condth.ons by donors or grafttors as to how they rnay be used. The purposes and uses ofthe restricted lunds are set oul in the notes to the finanryal ststements. Endowment fvnds are subject to specTfic 1x)nd￿onS by donots that the (apital must be maintsined by the charity. 1.4 Incom• Income is recognised when the charity is legalty enblleil to rt after any performantx conditions have been met. the amounts can be measuieil reliably. and rt is probable Ihal income wiu be received. 15_ ASSOCIATION FOR HERITAGE INTERPRETATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting polici•s (Continued) Cash donations are recognised on recèipt. Olher donatigns are recognised On￿ the charity has been ngtffied of the donation. unless performance cOr￿￿.0￿S require deferral of the arnount. Income tax recoveiabl@ in relation to donations recetved undèi Grft Aid 01 deeds of ￿VeTrant is recognised al the lime of the donatkon. Mthere the donated good 15 a fixed asset. rt is measured at fair value, unless it is impractical to Measure this reliably, in which Case the cost of the ttem to the donor should ￿ used. The gain is recognised as income from donations and a ￿rrespOnding amount is incjuded in the appropriate fixed asset dass and depreciated over the usefvl ecxjnomic lrfe in acwrdance wth the Charitys accounting poliaes. The recognition of income from legacies is dependent on e5tsblishing entIt￿ment, the probability of receipt and the ability lo estimate wtth suffiuent accuracy Ihè arnounl r￿1Vable. E￿dence of enb"Ilement to a legacy exists when the Charrty has sufficient evidence that a gtft has been left to them Ilhiough knowledge of the existenee of a valid will and the dèath of the benefactor) and the executor is sab"sfied that the property in question will not be requirèd to Satisfy daims in the estate. ReGeipl of a legacy mLtsI be iecognised when rt is probable that it wll be received 8nd the fair value of the tnounl receivable, whith will ger￿{allY be the expected cash amount lo be disth"bLrted to ihe Charity. can be reliably measured. On receipt, donated prtsfe$S￿nal SerV￿S and tsrjlrties are recognised on the basis of the value of the gift to the Charity which is the amount rt would have been willing tts pay lo obtain services or faalities of equivalent economic benefft on the open mafket," a corresponding amourht is then reo)gnised in expendrtuie in the period of receipt. Irscome tax ￿￿verab￿ in ￿lation to donations recewed under Grft Aid or deeds of covenant is recognised al the time of the ¢Jonation. Income tax recoverable in relation to investmenl income is recognised at the time the investment income is receivable. 1.5 Exp•ndÉiure Expenditure is rewgnised once there is a legal or conslnjctive obligation to tiansfer economic benefrt to a third party, it is probable that a transfer of economic beneffts will be required in settlement, and the amount of the oblig8tion Can be measured reliabty. Expenditure is dassffied by activity. The costs ol each acttvrty are made up of the lotal of direct costs and shared wsls. including support Gosts invofved in undertaking each aclivty. Direct costs attributable to a single activity are allocated directty to that activty_ Sharèd costs which contribute to more than one activity and svpport costs which are not attribuiable to a single actiwty are apporb'oned be￿een those activrties on a basis consistent with the LJSÈ of resouices. Central staff cDsts are allocated on the basis of time spent, and depreciation charges are allocated on the port*￿ of the asseys use. 1.6 Cash and cash èquivalents Cash and cash equivalents include ￿sh in hand. deposrts held at call with banks, other short-lerm liquid investments with tsrigin81 maturities ol three months or le55. and bank overdTafts. Bank overdrafts are shown within borrowin9s in current liabilities. 16_ ASSOCIATION FOR HERITAGE INTERPRETATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting poli¢le IContinu•dl 1.7 Finantial instruments The chartty has elected to appty the prow$￿n5 of Section 11 'Basic Finanual Instruments. and Section 12 'Other Finanaal Instruments Issues. of FRS 102 to au of rts finan