2022-12-31-accounts

Trustees		listed on pages 10to 11ofthis report	listed on pages 10to 11ofthis report
CEO		Dr David Shankland
Charity number		1195523
Royal Charter
Company	number	RC000916
Registered	office	50 Fitzroy Street,
		London W1T 5BT
Auditors		Friend-James Limited
		4~ Floor, Park Gate
		161-163Preston Road
		Brighton
		BN1 6AF
Bankers		National Westminster	Bank
		45 Tottenham Court Road
		London
		W1T 2EA
Investment	Advisers	CCLA Investment Management
		Senator House, 85
		Queen Victoria Street
		London
		EC4V4ET
		Sarasin and Partners LLP
		Juxon House, 100St.	Paul's Churchyard,
		London
		EC4M 8BU

				Unrestricted	Designated	Restricted	2022	2021
				Funds	Funds	Funds	Total	Total
			Notes	R			6	R
INCOME
Donations and grants				10,034		43,632	53,666	69,556
Investment income				135,691	225	18,921	154,837	142,849
Miscellaneous fees				6,595			6,595	6,088
Income from charitable	activities:
Fellowship and Membership				115,786			115,786	108,858
Publications				759,142			759,142	668,718
RAI Collection				88,465			88,465	111,142
Education Programme				82,773			82,773	59,079
TOTAL INCOME				1,198486	225	62,553	1,261,264	1,166,290
EXPENDITURE
Expenditure on charitable		activities:
Policy and Profile			9	122,822		30,624	153,446	159,217
Fellowship and Membership			10	72,487			72,487	67,450
Publications			11	374,938			374,938	346,936
RAI Collection			12	172,936		2,300	175,236	176,390
Library			13	58,670			58,670	57,251
Education Programme			14	175,703		5,000	180,703	111,999
TOTAL EXPENDITURE			16	977,556		37,924	1,015,480	919,243
Net income for the year				220,930	225	24,629	245,784	247,047
Gain/(loss) on investments			26,27	(252,021)	(999)	(84,120)	(337,140)	289,648
Transfers between funds			26	1,375	(1,375)
Net movement In funds				(29,716)	(2,149)	(59,491)	(91,356)	536,695
Fund balances at 1Jan	2022			1,699,391	1,905,181	1,374,299	4,978,871	4,442,176
Fund balances at 31December 2022				1,669,675	1,903,032	1,314008	4,007515	4,978,071

(A Company	(A Company	(A Company	limited by	limited by	Guarante	e)
STATEMENT OF FINANCIAL			POSITION		AS AT	31 DECEMBER	2022
			Note		2022		2021
Fixed assets
Tangible fixed assets			20			674,554	675,929
Freehold investment		property	21			1,067,500	1,067,500
Listed investments			22			2,847,075	2,734,215
						4,589,129	4,477,644
Current assets
Debtors			23		191,318		166,634
Cash at bank and	in	hand			466,338		616,767
					657,656		783,401
Creditorswmounts	falling due
within one year			24	~359,270			282,174
Net current assets						298,386	501,227
						4,887,515	4,978,871
Income funds
Restricted funds			26			1,314,808	1,374,299
Unrestricted funds
Designated funds			26			1,903,032	1,905,181
Other charitable		funds	26			1,669,675	1,699,391
						4,887,515	4,978,871

			2022	2022	2021
Cash flow from operating	activities
Net movement in funds				245,784		247,047
Add back depreciation charge				1,375		2,846
Deduct investment income				(154,837)		(142,849)
Decrease (increase) in debtors				(24,884)		(2,163)
Increase (decrease) in creditors				77,098		26,043
Net cash generated from	operating	activities		144,734		130,924
Cash flows from investing	activities
Purchase offixed assets						(1,925)
Listed investment activities
Purchase of listed investments			(450,000)		(1,182,699)
Sale of listed investments					781,967
Investment income			154,837	(295,163.00)	142,849	(257,883)
Net decrease in cash and	cash equivalents			(150,429)		(128,884)
Cash at 1January 2022				616,767		745,651
Cash at 31 December 2022				466,338		616,767

							2022	2021
2	Voluntary income and grants			received
	Voluntary income
	Gifts in kind of	journals		to the Institute			8,700	10,825
	Other donations						1,334	1,957
	Grants receivable
	Curl Bequest Fund						3,340	2,046
	Anthropologists'	Fund	for Urgent Anthropological			Research
	(USA) in respect		ofresearch				18,948	38,617
	Biosocial Anthropology		Society				5,344
	W BFagg Charitable		Trust					111
	Esperanza Trust	for Anthropological			Research		16,000	16,000
							53,666	69,556
3	Investment income
	Rental income						79,003	78,946
	Dividend income						73,370	63,779
	Interest income						2 464	124
							154,837	142,849
4	lliscellaneous fees						6,595	6,088
5	Fellowship and Membership			income
	Fellows' &members'	subscriptions					115,786	108,858
	Geographical allocation
	United Kingdom						69,472	59,872
	Overseas						46,314	48,986
							115,786	108,858

	The numbers of Fellows, 1890(2021:1,843).	Members an	d Student Fellows ofthe Institute	at 31 December 2022 we	re
6	Publications, subscriptions	and sales	- income
	Subscriptions
	JRAI and AT institutional	subscriptions	collected by Wiley	492,583	447,571
	Anthropological Index Online			221,502	186,186
	Royalties, permission and	advertising	fees	45,057	34,961
				759,142	668,718
	Geographical allocation
	United Kingdom			106,280	93,621
	Overseas			652,862	575,097
				759,142	668,718
7	RAI Collection - Income
	(Photographs, films and archives)
	Photographic collection			25,479	40,255
	Ethnographic film			62,986	70,887
				88,465	111,142
8	Education programme -Income
	Income from conference			49,614	54,248
	Other income			33,159	4,831
				82,773	59,079

						2022	2021
9	Policy and Profile		- expenditure
	Activities and	other expenses				20,171	11,315
	Grants payable					18,629	37,530
	Staff costs					40,288	44,142
	Support costs					74,358	66,230
						153,446	159,217
10	Fellowship and	Membership			-expenditure
	Staff costs					30,216	27,681
	Support costs					42,271	39,769
						72,487	67,450
11	Publications -expenditure
	JRAI &AT institutional			subscriptions
	retained by Wiley					188,897	169,908
	JRAI editorial	costs				39,113	35,676
	Anthropology	Today editorial costs				47,635	45,221
	Anthropological		Index Online			73,931	72,287
	Support costs					25,362	23,864
						374,938	346,936
12	RAI Collection -	expenditure
	Ethnographic	film				51,946	59,670
	Photographic	collection		&	archives	86,651	80,678
	Support costs					36,639	36,042
						175,236	176,390
13	Library - expenditure
	Book purchases		and subscriptions			29,923	29,741
	Staff costs					14,657	14,255
	Support costs					14,090	13,255
						55675	57,251
14	Education - expenditure
	Staff costs					37,984	11,260
	Other expenses					46,900	10,590
	Support costs					95,819	90,149
						180,703	111,999

		No	tes	to the	financial	state	ments	-year	ended 3	1 December 202	2
											2022	2021
15	Expenditure						Direct costs			Support
							Staff		Other	costs	Total	Total
								F		F	F	F
	Policy and Profile						40,288		38,800	74,358	153,446	159,217
	Fellowship and Membership						30,216			42,271	72,487	67,450
	Publications						135,033		214,543	25,362	374,938	346,936
	RAI Collection						117,sa1		21,006	36,639	175,236	176,390
	Library						14,657		29,923	14,090	58,670	57,251
	Education Programme						37,984		46,900	as,819	180,703	111,999
	Total expenditure						375,769		351,172	288,539	1,015,480	919,243
16	Support costs					Basis of			General	Governance
						Allocation			support	function	Total	Total
										F		F
	Staff					Staff	time		177,790	7,408	18s,1aa	179,835
	Premises					Staff	time		29,017	1,209	30,226	14,711
	General office					Staff	time		63,737	2,656	66,393	70,602
	Auditor's remuneration					Governance				3,855	3,855	2,558
	Other expenses					Governance				2,867	2,867	1,603
									270,544	17,995	288,539	269,309
17	Governance function
												F
	Auditor's remuneration										3,855	2,558
	Staff time relating	to trustee meeting			matters						7,408	7,194
	Support costs										6,732	5,016
											17,995	14,768
18	Employees
	Number ofemployees										Numbers	Numbers
	Publications										5	5
	Library										1	1
	RAI Collection										6	5
	Education										1	1
	Other										5	5
											18	17
	Employment	costs									F.	F
	Salaries										475,857	449,896
	Social security	costs									35,649	32,822
	Pension costs										49,461	46,827
											560,967	529,545
	The number ofemployees			whose	annual	remuneration		was
	f60,000or more were:
	f80,000-F90,000
	F90,000-8100,000
	The key management		personnel		is made	up of	the following		positions	within the organisation:
	CEO, Assistant	Director (Finance			& Personnel)		and Assistant		Director	(Administration)
											F.	F
	Salaries										181,478	178,432
	Pension costs										20,736	20,406
											202 214	198838

Notes to the	Notes to the	financial stat	eme	nts -year ended	31	December 20	December 20	December 20	22
Tangible fixed assets						Furniture
				Freehold						Computers
				Property			and				and
					~Eg			rt	Accessories			Total
Cost
Balance as at 1 January 2022				669,801			52,023				20,008	741,832
Additions
Balance as at 31 December 2022				669,801			52,023				20,008	741,832
Depreciation
Balance as at 1 January 2022							47,559				18,344	65,903
Charge for the year								670			705	1,375
Balance as at 31 December 2022							48,229				19,049	67,278
Net book value
as at 31 December	2022			669,801				3,794			959	674,554
as at 31 December	2021			669,801				4,464			1,664	675,929
Freehold property
The freehold property is used as		follows:
Charitable activities				83%
Rental income
The entire property	is accounted	foras property	within tangible fixed		assets		as the resulting			portions could		not be
sold separately, and	the fair value ofthe investment			property component		cannot		be measured			reliably.

						2022	2021
						R
22	Listed investments
	Fund value at 1 January 2022					2,734,215	2,043,835
	Disposals at opening		book value				(781,967)
	Additions at cost Change in the value		in the year			450,000 ~337,140	1,182,699 289,648
	Fund value at 31 December 2022					2047 075	2,734,215
23	Debtors
	Trade debtors					187,085	152,334
	Other debtors					0
	P repayments					4,233	14,300
						191,318	166,634
24	Creditors - amounts		falling due within one year
	Esperanza Trust	for	Anthropological	Research		119,911	91,471
	Emslie Homiman	Anthropological		Scholarship	Fund	73,635	48,371
	Radcliffe Brown	Memorial Fund				7,438	5,412
	Income received	in advance				60,827	36,559
	Trade creditors					52,407	46,894
	Taxation and social		security			10,716	9,508
	Other creditors					34,336	43,959
						359,270	282,174

Biosocial Anthropology		Society Fund	Society Fund	funds received from the Biosocial Anthropology Society to support
				the discipline of Biosocial Anthropology
Biological Anthropology		Grants		provides small grants for research in Biological Anthropology
The Anthropologists'	Fund for			(founding sponsor Dr George Appell) was created to manage a
Urgent Anthropological				programme offellowships, in support ofethnographic research on
Research (USA)				currently threatened indigenous peoples, cultures and languages.
Van de Ven cataloguing			project	was set up in 2018from a legacy out ofthe Ariadne Van der Ven
				estate to pay for the cataloguing ofthe 'Van de Ven collection'.
W BFagg Fund				funds received from the WB Fagg Trust to support the RAI Collection
				at 50 Fitzroy Street and various other projects.
The Esperanza Allocation				holds the funds allocated by the Esperanza Trust to RAI activities
The Amaury Talbot Prize			Fund	was established in memory ofthe late Percy Amaury Talbot to fund an
				annual prize for the best work on Anthropology ofAfrica.
Designated Funds
The Fixed Assets Fund				was established to hold the Institute's fixed assets and investment
				property as described in notes 20 and 21.
Property Maintenance		Fund		was set up to build up reserves for any future property maintenance
				requirements.
The Library &Archive	Reserve Fund			was established to assist the Library in expanding its book collection
				and to fund the writing ofthe history ofthe Institute.
Website Development		Fund		was established to provide for future expenditure on our web presence.
Conference Fund				has been established to provide for future conference expenditure.
The Firth Bequest Fund				is based on a bequest by Sir Raymond Firth, who died in 2002, and
				is to be used to support the annual Firth award.

			Unrestricted	Designated	Restricted	2021
			Funds	Funds	Funds	Total
INCOME
Donations and grants			12,782		56,774	69,556
Investment income			126,033	197	16,619	142,849
Other income			6,088			6,088
Income from charitable	activities:
Fellowship and Membership			108,858			108,858
Publications			668,718			668,718
RAI Collection			111,142			111,142
Education Programme			59,079			59,079
TOTAL INCOME			1,092,700	197	73,393	1,166,290
EXPENDITURE
Expenditure on charitable		activities:
Policy and Profile			118,902		40,315	159,217
Fellowship and Membership			67,450			67,450
Publications			346,936			346,936
RAI Collection			166,606		9,784	176,390
Library			57,251			57,251
Education Programme			106,999		5,000	111,999
TOTAL EXPENDITURE			864,144		55,099	919,243
Net income/(expenditure)		for the year	228,556	197	18,294	247,047
Gain on investments			213,428	891	75,329	289,648
Transfers between funds			(54,079)	54,079
Net movement in funds			387,905	55,167	93,623	536,695
Fund balances at 1January 2021			1,311,486	1,850,014	1,280,676	4,442,176
Fund balances at 31 December 2021			1,699,391	1,905,181	1,374,299	4,978,871