| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| Notes | funds I |
fundsI | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
6,587 | 11,444 | |||
| Other trading activities |
53,136 | 52,899 | |||
| Investment income |
142,825 | 141,170 | |||
| Total | 202,548 | 205,513 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Expenditure on charitable |
activities | 228,314 | 226,541 | ||
| Net gains/(losses) on investments |
357,872 | (649,228) | |||
| NET INCOME/(EXPENDITURE) | 332,106 | (670,256) | |||
| RECONCILIATION OF |
FUNDS | ||||
| Total funds brought forward | 8,256,453 | 8,926,709 | |||
| TOTAL FUNDS CARRIED FORWARD | 8,588,559 | 8,256,453 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| funds | funds | |||||
| Notes | 6 | 6 | ||||
| FIXEDASSETS | ||||||
| Tangible assets | 12 | 3,278,178 | 3,304,737 | |||
| Heritage assets acquired | from 2020 onwards | 13 | 5,846 | 5,846 | ||
| Investments | 14 | 5,113,942 | 4,756,071 | |||
| 8,397,966 | 8,066,654 | |||||
| CURRENT ASSETS | ||||||
| Stocks | 15 | 1,244 | 1,244 | |||
| Debtors | 16 | 35,066 | 38,536 | |||
| Cash at bank and in hand | 182,523 | 179,512 | ||||
| 218,833 | 219,292 | |||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 17 | (28,240) | (29,493) | ||
| NET CURRENT ASSETS | 190,593 | 189,799 | ||||
| TOTAL ASSETS LESS | CURRENT LIABILITIES | 8,588,559 | 8,256,453 | |||
| NET ASSETS | 8,588,559 | 8,256,453 | ||||
| FUNDS | 18 | |||||
| Unrestdcted funds: |
||||||
| General fund | 8,344,877 | 8,011,853 | ||||
| Reverend LEC Evans Will Trust Fund |
197,095 | 192,969 | ||||
| Property Management |
Fund | 6,759 | 6,759 | |||
| Collection Conservation | Fund | 19,556 | 20,000 | |||
| Digital Strategies | Fund | 20,270 | 24,870 | |||
| Share Capital | 2 | 2 | ||||
| 8,588,559 | 8,256,453 | |||||
| TOTAL FUNDS | 8,588,559 | 8,256,453 |
| 2023 | 2023 | 2022 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| E | E | ||||||||||||||
| Expenditure | on | charitable | activities | 8,420 | 11,150 | ||||||||||
| The total grants | paid to | individuals | during | the year was as | follows: | ||||||||||
| 2023 | 2022 | ||||||||||||||
| E | E | ||||||||||||||
| PEF - Albright | Fellowship | 3,000 | 6,000 | ||||||||||||
| Research | grants | 5,574 | 17,731 | ||||||||||||
| 8,574 | 23,731 | ||||||||||||||
| Grants to | Grants to | ||||||||||||||
| Activity/Project | institutions | E | individuals | E | Total E | ||||||||||
| Research | and | publication | 8,420 | 8,420 | |||||||||||
| Total | 8,420 | 8,420 | |||||||||||||
| For details | of | recipients | ofgrants please see the Report of | the Trustees. | |||||||||||
| SUPPORT | COSTS | ||||||||||||||
| Governance | |||||||||||||||
| Management | Finance | costs | Totals | ||||||||||||
| E | E | E | |||||||||||||
| Expenditure | on | charitable | activities | 141,895 | 603 | 7,920 | 150,418 | ||||||||
| Support coals, | included | in the above, are | as follows: | ||||||||||||
| Management | |||||||||||||||
| 2023 | 2022 | ||||||||||||||
| Expenditure | |||||||||||||||
| on | |||||||||||||||
| charitable | Total | ||||||||||||||
| activities | activities | ||||||||||||||
| E | E | ||||||||||||||
| Wages | 31,966 | 29,207 | |||||||||||||
| Social security | 1,279 | 764 | |||||||||||||
| Rates | 3,175 | 4,687 | |||||||||||||
| Insurance | 13,439 | 13,923 | |||||||||||||
| Light and Telephone |
heat and |
postage | 8,686 (2,117) |
6,022 1,313 |
|||||||||||
| Stationery | and | printing | 986 | 750 | |||||||||||
| Advertising | 431 | 86 | |||||||||||||
| Sundries | 866 | 318 | |||||||||||||
| Repairs and | maintenance | 19,761 | 14,930 | ||||||||||||
| Legal and | professional | 13,954 | 15,679 | ||||||||||||
| Other labour | costs | 3,765 | 3,600 | ||||||||||||
| Computer | repairs and maintenance | 8,558 | 14,033 | ||||||||||||
| Property | management | services | 10,587 | 12,930 | |||||||||||
| Depreciation | of tangible | and heritage assets | 26,559 | 27,455 | |||||||||||
| Staff training | 94 | ||||||||||||||
| 141,895 | 145,791 |
| Finance | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Expenditure | |||||
| on | |||||
| charitable | Total | ||||
| activities | activities | ||||
| Bank charges Loss on sale |
oftangible | fixed assets | 603 | 648 13 |
|
| 603 | 661 | ||||
| Governance | costs | ||||
| 2023 | 2022 | ||||
| Expenditure | |||||
| on | |||||
| charitable | Total | ||||
| activities | activities | ||||
| f | E | ||||
| Auditors' | remuneration | 5,830 | 5,500 | ||
| Auditors' | remuneration | for non audit work | 2,090 | 2,090 | |
| 7,920 | 7,590 | ||||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is slated after charging/(crediting): | ||||
| 2023I | 2022I | ||||
| Auditors' | remuneration | 5,830 | 5,500 | ||
| Auditors' | remuneration | for non audit work | 2,090 | 2,090 | |
| Depreciation | - owned assets | 26,559 | 27,455 | ||
| Deficit on disposal offixed assets | 13 |
| 10. | STAFFCOSTS | |||||||
| 2023 | 2022 | |||||||
| E | E | |||||||
| Wages and salaries | 81,097 | 74,533 | ||||||
| Social security costs | 3,559 | 2,136 | ||||||
| Other pension costs | 3,348 | 3,283 | ||||||
| 79,952 | ||||||||
| The average monthly number of employees |
during | the year was as follows: | ||||||
| 2023 | 2022 | |||||||
| Direct charitable activity |
1 | 1 | ||||||
| Administration of activity |
1 | 1 | ||||||
| No employees received emoluments |
in excess ofE60,000. | |||||||
| 11. | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL ACTIVITIES | ||||||
| Unrestricted | ||||||||
| funds | ||||||||
| E | ||||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
11,444 | |||||||
| Other trading activities |
52,899 | |||||||
| Investment income |
141,170 | |||||||
| Total | 205,513 | |||||||
| EXPENDITURE ON | ||||||||
| Charitable activities |
||||||||
| Expenditure on charitable |
activities | 226,541 | ||||||
| Net gains/(losses) on investments |
(649,228) | |||||||
| NET INCOME/(EXPENDITURE) | (670,256) | |||||||
| RECONCILIATION OF |
FUNDS | |||||||
| Total funds brought forward |
8,926,709 | |||||||
| TOTAL FUNDS CARRIED FORWARD | 8,256,453 |
| Listed | ||||
|---|---|---|---|---|
| investments | ||||
| I | ||||
| MARKET VALUE | ||||
| At 1January 2023 | 4,756,071 | |||
| Additions | 12,641 | |||
| Disposals | (12,461) | |||
| Revaluations | 357,691 | |||
| At 31December 2023 | 5,113,942 | |||
| NET BOOKVALUE | ||||
| At 31December 2023 | 5„113,942 | |||
| At 31December 2022 | 4,756,071 | |||
| There were no investment | assets outside the UK. | |||
| Cost or valuation | at 31 December 2023 is represented | by: | ||
| Listed | ||||
| iiwestments | ||||
| I | ||||
| Valuation in 2023 |
357,503 | |||
| Cost | 4,756,'139 | |||
| 5,113,942 |
| 15. | the Trustees STOCKS |
. | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| I | I | ||||
| Monograph | and book stocks | 1,244 | 1,244 | ||
| 16. | DEBTORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
| 2023 | 2022 | ||||
| 6 | I | ||||
| Other debtors | 28,165 | 29,193 | |||
| Accrued income | 1,500 | 1,500 | |||
| Prepayments | 5,401 | 7,843 | |||
| 35,066 | 38,536 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| E | E | |||||||
| Other creditors | 18,688 | 20,523 | ||||||
| Grants payable | 454 | 607 | ||||||
| Accruals and deferred |
income | 9,098 | 8,363 | |||||
| 28,240 | 29,493 | |||||||
| MOVEMENT IN | FUNDS | |||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1/1/23 | in funds | funds | 31/12/23 | |||||
| E | E | E | E | |||||
| Unrestricted | funds | |||||||
| General fund | 8,011,853 | 327,980 | 5,044 | 8,344,877 | ||||
| Reverend LEC |
Evans Will Trust Fund | 192,969 | 4,126 | 197,095 | ||||
| Property Management |
Fund | 6,759 | 6,759 | |||||
| Collection Conservation | Fund | 20,000 | (444) | 19,556 | ||||
| Digital Strategies | Fund | 24,870 | (4,600) | 20,270 | ||||
| Share Capital | 2 | 2 | ||||||
| 8256r453 | 332,106 | 8,588,559 | ||||||
| TOTAL FUNDS | 8,256,453 | 332,106 | 8/88,559 | |||||
| Net movement | in | funds, included | in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| E | E | E | E | |||||
| Unrestricted | funds | |||||||
| General fund | 202,548 | (228,314) | 353,746 | 327,980 | ||||
| Reverend LEC |
Evans Will Trust Fund | 4,126 | 4,126 | |||||
| 202,548 | (228,314) | 357,872 | 332,106 | |||||
| TOTAL FUNDS | 202,548 | (228,3f4) | 357,872 | 332,106 |
| Comparatives f |
or m | oveme | nt in f |
unds | ||||
|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1/1/22 | in funds | funds | 31/12/22 | |||||
| E | E | E | E | |||||
| Unrestricted funds |
||||||||
| General fund | 8,653,598 | (644,720) | 2,975 | 8,011,853 | ||||
| Reverend LEC Evans Will Trust Fund |
218,505 | (25,536) | 192,969 | |||||
| Property Management Collection Conservation |
Fund Fund |
6,759 40,000 |
(20,000) | 6,759 20,000 |
||||
| Digital Strategies Share Capital |
Fund | 7,845 2 |
17,025 | 24,870 2 |
||||
| 8,926,709 | (670,256) | 8,256,453 | ||||||
| TOTAL FUNDS | 8,926,709 | (670,256) | 8,256,453 | |||||
| Comparative net |
movement | in funds, | included | in the above are as follows: |
| Comparat | ive n |
et movement in funds, include |
d in the above are a |
s follows: | ||
|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||
| resources E |
expended E |
losses E |
in funds f |
|||
| Unrestricted | funds | |||||
| General | fund | 205,513 | (226,541) | (623,692) | (644,720) | |
| Reverend | LEC | Evans Will Trust Fund | (25,536) | (25,536) | ||
| 205,513 | (226,541) | (649,228) | (670,2S6) | |||
| TOTAL FUNDS | 205,513 | (226,541) | (649,228) | (670,256) |
| A current year | 1 | 2mont | hs and prior year 12 |
months combined po |
sition isas follow |
s: | |
|---|---|---|---|---|---|---|---|
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1/1/22 | in funds | funds | 31/12/23 | ||||
| f | E | E | |||||
| Unrestricted | funds | ||||||
| General fund | 8,653,598 | (316,740) | 8,019 | 8,344,877 | |||
| Reverend LEC |
Evans Will Trust Fund | 218,505 | (21,410) | 197,095 | |||
| Property Management |
Fund | 6,759 | 6,759 | ||||
| Collection Conservation | Fund | 40,000 | (20,444) | 19,556 | |||
| Digital Strategies | Fund | 7,845 | 12,425 | 20,270 | |||
| Share CapiMI | 2 | 2 | |||||
| 8,926,709 | (338,150) | 8,588,559 | |||||
| TOTAL FUNDS | 8,926,709 | (338(150) | 8,588,559 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources I |
expended I |
losses I |
in funds I |
|||
| Unrestricted | funds | |||||
| General | fund | 408,061 | (454,855) | (269,946) | (316,740) | |
| Reverend | LEC | Evans Will Trust Fund | (21,410) | (21,410) | ||
| 'l08,061 | (454,855) | (291,356) | (338,150) | |||
| TOTAL FUNDS | 408,061 | (454,855) | (291,356) | (338,150) |
| Nominal | |||||
|---|---|---|---|---|---|
| Number: | Class: | value: | 2023 | 2022 | |
| 281 | Ordinary | Shares | 60.01 |
| 2023 I |
2022 I |
|||
|---|---|---|---|---|
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies Donations and sundry income |
1,471 | 9,944 | ||
| Gift aid | 5,116 | 1,500 | ||
| 6,587 | 11,444 | |||
| Other trading activities Subscriptions |
9,440 | 9,887 | ||
| Royalty income and book sales Reproduction fees - photos |
42,745 951 |
42,042 970 |
||
| 53,136 | 52,899 | |||
| Investment income |
||||
| Investment income |
141,199 | 141,069 | ||
| Investment interest |
89 | 17 | ||
| Deposit account interest | 1,537 | |||
| 142,825 | 141,170 | |||
| Total incoming resources | 202,548 | 205,513 | ||
| EXPENDITURE | ||||
| Charitable activities |
||||
| Chief Executive Salary | and National | Insurance | 49,131 | 45,326 |
| Social security | 2,280 | 1,372 | ||
| Pensions | 3,348 | 3,283 | ||
| Quarterly production cost Lecture and exhibition expenses Library expenses |
600 746 11,007 |
900 532 6,763 |
||
| Archives conservation | expenses | 1,630 | 2,524 | |
| Officers Expenses | 734 | 649 | ||
| Grants to individuals | 8,420 | 11,150 | ||
| 77,896 | 72,499 | |||
| Supportcosts | ||||
| Management | ||||
| Wages Social security |
31,966 1,279 |
29,207 764 |
||
| Rates | 3,175 | 4,687 | ||
| Insurance | 13,439 | 13,923 | ||
| Light and heat Telephone and postage Stationery and printing Advertising Sunddies |
8,686 (2,117) 986 431 866 |
6,022 1,313 750 86 318 |
||
| Repairs and maintenance | 19,761 | 14,930 | ||
| Carried forward | 78,472 | 72,000 |
| 2023I | 2022I | |
|---|---|---|
| Management | ||
| Brought forward | 78,472 | 72,000 |
| Legal and professional | 13,954 | 15,679 |
| Other labour costs | 3,765 | 3,600 |
| Computer repairs and maintenance |
8,558 | 14,033 |
| Property management services |
10,587 | 12,930 |
| Depn of long leasehold | 3,554 | 3,554 |
| Improvements to property |
555 | 555 |
| Depn offixtures fir fittings |
19,018 | 19,018 |
| Depn of computer equipment |
3,432 | 4,328 |
| Staff training | 94 | |
| 141,895 | 145,791 | |
| Finance | ||
| Bank charges | 603 | 648 |
| Loss on sale oftangible fixed assets |
13 | |
| 603 | 661 | |
| Governance coats |
||
| Auditors' remuneration |
5,830 | 5,500 |
| Auditors' remuneration for non audit work |
2,090 | 2,090 |
| 7,920 | 7,590 | |
| Total resources expended | 228,314 | 226,541 |
| Net expenditure before gains and losses |
(25,766) | (21,028) |
| Gains/(losses) on investments |
||
| Net gains/(losses) on investments |
357,691 | (649,220) |
| Gain/loss on sale of investments |
181 | (8) |
| Net income/(expenditure) | 332,106 | (670,256) |