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##
##
|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||
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##
|||||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|