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2025-07-31-accounts

To

Trustees' Annual Report for the period

Period start date Period end date 01 08 2024 31 07 2025

From

Section A Reference and administration details

Charity name Quaternary Research Association

Other names charity is known by QRA

Registered charity number (if any) 262124

Charity's principal address 1 Kensington Gore

London

United Kingdom

Postcode SW7 2AR

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Jane Hart President
David Roberts Vice President To Jan 1
Helen Roberts Vice President From 31 December
Adrian Palmer Hon Secretary
Timothy Lane
Neil Robert Editor in Chief To Jan 1
MaryEdwards Editor in Chief From 31 December
Catherine Delaney Publications
Naomi Holmes Outreach
Della Murton EDI
Sophie Williams Publicity
Michael Dempster Conservation To Jan 1
Katherine Roucoux Conservation From 31 December
Ed Garrett Newsletter Editor
Jenna Sutherland Meetings From 31 December
William Fletcher Awards To Jan 1
Lorna Linch Awards From 31 December
Harold Lovell

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

March 2012

TAR

1

Type of adviser
Name
Address		 Type of adviser
Name
Address		 Type of adviser
Name
Address
Independent Examiner Albert Goodman
LLP		 Goodwood House, Blackbrook Park Ave, Taunton,
Somerset TA1 2PX

Name of chief executive or names of senior staff members (Optional information)

Not applicable

Section B Structure, governance and management

Description of the charity’s trusts

Revised Constitution adopted on 14th April 1973 as amended 14th April Type of governing document 1981 as amended 24th April 2007 as amended 5th January 2023 (eg. trust deed, constitution)

Unincorporated Association How the charity is constituted

Trustees are elected at the Annual General Meeting held in January. Trustee selection methods Trustees served for a period of 3-4 years dependent on office held. (eg. appointed by, elected by)

Additional governance issues (Optional information)

The Executive Committee of the Association meets twice a year, in May and September. The Annual General Meeting is held in January and new members of the Executive are elected at this meeting. From the start of 2022 there are three sub-committees and one working group that each meet twice a year, in the period between the meetings of the full Executive Committee. The four sub-bodies are: (1) Finance and External Affairs; (2) Communications and Publications; (3) Grants, Prizes and Outreach; (4) Equality, Diversity, and Inclusion Working Group.

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objective of the association is the advancement of education and research into the Quaternary period. This shall be achieved through a programme of activities and by series of publications that are of benefit to the public. The aims of such activities shall be: (i) to enhance understanding of the nature of global environmental processes during the Quaternary period and (ii) the dissemination of this information to the wider public.

March 2012

TAR

2

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

In furtherance of this objective, but not otherwise, the Association through its executive committee shall have the following powers: (a) to hold public meetings and exhibitions; (b) to publish pamphlets, leaflets, etc., (c) to do all such things as will further the objective. The Association shall also agree formal representation on the committees of appropriate scientific organisations, such as INQUA, ICSU and the Royal Society.

Additional details of objectives and activities (Optional information)

The QRA makes grants under the following schemes:

You may choose to include further statements, where relevant, about:

March 2012

TAR

3

Section D Achievements and performance

  1. Treasurer’s Report and Financial Review, 2024-25 Summary of the main achievements of the charity 1.1. Introduction during the year Accounts are detailed in Table 1. All values stated below are rounded up to the nearest pound. The figures and accounts stated below remain provisional until checked by an independent financial examiner. 1.2. Income In total, the Association’s income from subscriptions and book sales amounted to £18,523. This comprises £13,453 in membership subscriptions and £5,070 from book sales. The Association received a payment of £67,683 from Wiley as a profit-share from the publication of Journal of Quaternary Science (JQS). This is a decrease on the funds received last year (2023-24: £75,596). Other royalties from the Publisher’s Licensing Society amounted to an additional £259. The QRA Treasurer also administers the JQS Editorial Board fund, provided by Wiley and ring-fenced for JQS expenses (honoraria and meeting expenses). The payment from Wiley for 2024 was £19,976. Overall, the Association’s working income (subscriptions, book sales, royalties) for financial year 2024-25 was £92,508, and total income was £119,661. 1.3. Expenditure Expenditure was £14,000 lower this year, due to less being spent on awards (£3,000), fewer sponsored meetings (£2,000), and no medals being struck (£8,000). We spent £38,558 on grants, awards, and support for sub-groups. The UK subscriptions to INQUA for 2025 are shown in this year’s accounts (£13,849). The ongoing upkeep and development of the website cost £7,734. Overall expenditure for 2024-25 came to £105,540. 1.4. Year-end financial status As of 31st July 2025, the Association held: £ 84,107.37 in our HSBC Community Account £ 114,296.39 in our HSBC Manager’s (savings) Account £ 120,775.41 in CCLA COIF Ethical Investment Fund £ 35,222.41 in CCLA COIF Charities Deposit Fund The Association started the 2024-25 financial year with total funds of £335,728 and ended with £354,401.60 Ring-fenced sums within our holdings include £14,655 held in trust for the Bill Bishop Award; £85,500 for the INQUA fund; £5,000 for the Lewis Penny Medal; £30,103 for administering the JQS Editorial Board; and £30,000 designated to meet any unexpected liabilities. 1.6. Plans for the next financial period The investments made through CCLA have fluctuated, and will be monitored throughout the year to ensure that the award pot for INQUA is building sufficiently. We are in talks with LUV (website designers) to develop GiftAid.

Section E Financial review

March 2012

TAR

4

The QRA sets aside £30,000 in reserves for unexpected liabilities.

Brief statement of the

charity’s policy on reserves

Details of any funds materially in deficit

Not applicable

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Our main sources of funding have been royalties from the Journal of Quaternary Science, which is published by Wiley. Editorial board costs from Wiley cover the peer review process. Membership dues from QRA members. A grant from the Royal Society to cover 49% of the annual subscription to the International Union for Quaternary Research (INQUA). The sale of field and technical guides, and other monographs within the discipline of Quaternary Research. From this year, the QRA has decided to begin selling Quaternary themed merchandise at meetings and via our website.

The Association supports workers within the field of Quaternary Research through small grants, prizes, conservation, and outreach awards. UK participants to the quadrennial INQUA congress meetings may apply for travel awards to take part in the congress. The QRA gives small awards to support discussion and field meetings that focus on the Quaternary period.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Timothy Patrick Lane Jane K. Hart Position (eg Secretary, Chair, etc)[Treasurer ] President

Date 23 October 2025

March 2012

TAR

5

Quaternary Research Association Independent Examiner’s Report to the Trustees For the Year Ended 31 July 2025

Independent examiners report to the Trustees of Quaternary Research Association

I report to the trustees on my examination of the accounts for Quaternary Research Association (“the charity”) for the year ended 31 July 2025.

Responsibilities and basis of report

As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the accounts do not comply with these records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

……………………………………….. Michelle Ferris BSc (Hons) FCA DChA Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton Somerset TA1 2PX

Date: 27 February 2026

Charity Name No (if any)
Quaternary Research Association 262124
Receipts and payments accounts CC16a
For the period
from		 01/08/2024
Period start date		 31/07/2025
Period end date
To
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
13,528
5,190
67,942
-
2,495
7,953
-
-
-

97,108
-
-
-
97,108
18,976
6,803
-
38,558
16,869
-
-
-
-
81,206
-
-
-
81,206
15,902
-
187,865
203,767		 Restricted
funds
to the nearest £
-
-
-
7,178
19,976
-
-
-
-
-
27,154
-
-
-
27,154
-
-
17,206
-
7,178
-
-
-
-
24,384
-
-
-
24,384
2,770
-
147,863
150,633		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
13,528
5,190
67,942
7,178
19,976
2,495
7,953
-
-
-
124,262
-
-
-		 Last year
to the nearest £
Subscriptions 13,528 10,482
Book Sales 5,190 5,293
Royalties 67,942 75,840
Royal Society - INQUA Subscription
support		 - 6,653
JQS Editorial Board 19,547
Investment income 2,495 3,505
Other Income 7,953 3,582
- -
- -
- -
Sub total(Gross income for
AR)
97,108		 124,902
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
124,262 124,902
18,976
6,803
17,206
38,558
24,047
-
-
-
-
105,590
-
-
-
105,590

18,672

Running Expenses		 18,976 18,474
Publication Expenses 6,803 3,568
JQS Editorial Board Costs - 16,798
Grants / Awards / Support 38,558 42,826
Other expenditure 16,869 37,528
- -
- -
- -
- -
**Sub total ** 81,206 119,194
A4 Asset and investment
purchases (see table)
, - -
- -
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
119,194
15,902 2,770 -
18,672		 5,708
- - - - -
187,865 147,863 335,728 330,020
203,767 150,633 - 354,400 335,728

CCXX R1 accounts (SS)

25/02/2026

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
HSBC Community Account
HSBC Savings Account
Accountancy fees
Details
Details
COIF Ethical Investment Fund
Details
COIF Charities Deposit Fund
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Book stock (for resale)
QRA merchandise (for resale)
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
18,920
101,855
35,222
-
84,107
-
65,518
48,778
203,767
150,633
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
23,565
-
975
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
Unrestricted
630
-
-
-
-
Print Name
Timothy P. Lane
Jane K. Hart		 Endowment
funds
to nearest £
-
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Timothy P. Lane 05/11/2025
Jane K. Hart 05/11/2025

Signed by one or two trustees on behalf of all the trustees

CCXX R2 accounts (SS)

25/02/2026

2