##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||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)|