2022-03-31-accounts

Annual Report 2022

www.norfarchtrust.org.uk

This last year has been incredibly busy, but we have achieved some fantastic outcomes. The biggest achievement must be the introduction of car parking charges at Burgh Castle Fort – with 5500 transactions to date already!

This helps to secure the long-term future of the Norfolk Archaeological Trust as the income will help us to continue to successfully manage our sites. Looking forwards, NAT will look to introduce a similar scheme at Caistor Roman Town. This combined with our objective to acquire a new ‘at risk’ archaeological site and create a visitor center will help us to create a sustainable future for the Trust.

Natalie Butler, Director

116

Public tours

Facebook Social followers on media the NAT page posts

Over 250 site warden reports or site checks

3 TV appearances

38 New volunteers

9 sites with volunteer teams

New bridge and steps at Caistor Roman Town

What 3 Words locations

New Bridge w3w - ///stared.clearcut.island New Steps w3w - ///castle.merit.unless

Above: The new bridge at Caistor Roman Town Right: The new steps

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During 2022 there have been two fantastic new additions to help improve visitor access at Caistor Roman Town. The new bridge and steps have been funded through our management agreement with South Norfolk and Broadland Council who contracted the work to the Norwich Fringe Project.

The new bridge replaced a tired bridge on the marshes which had become worn, rotten, and tricky to use. The new bridge enables visitors to enjoy a walk down by the River Tas and through the marshes at Caistor Roman Town.

This area of the site is particularly popular with dog walkers and attracts an impressive range of waterfowl, particularly during the winter months. During the spring and summer, it is a favourite location for the ewes and their lambs.

The Norwich Fringe Project is a local authority funded countryside management partnership, which works with volunteers and local communities to look after the countryside around Norwich. norwichfringeproject.wordpress.com

The new steps have been built to provide easier visitor access from the church track to below the eastern rampart. This is a popular visitor route and during the winter months it becomes muddy and very slippery.

The new steps resolve this challenge and many visitors have already commented on how much easier it is to walk around that area of the Roman Town.

Introducing our New Trustees

NAT are extremely excited and privileged to welcome three new Trustees to our Board. Their wealth of knowledge and enthusiasm for Norfolk’s history will be hugely beneficial and we are extremely grateful for their time.

Alan Squirrell MBE

Born and bred in Norfolk. Chartered Civil Engineer with varied career in Local Government, Oil and Gas Production, Not-for Profit and Voluntary sectors. Post graduate diploma in Management Studies, specialising in business performance improvement and change management. Honoured with an MBE in 2011 for voluntary services to the Norfolk Community. A lifelong amateur interest in archaeology and historic buildings.

Andrew Rogerson BA, PhD, MCIfA, FSA

After gaining a degree in History and Archaeology at Liverpool in 1970 he spent three years of digging in the UK before settling in Norfolk as a founding member of the Norfolk Archaeological Unit where he remained, through a series of the usual institutional name changes, until retirement in 2017. Though his first fieldwork project was the excavation of part of the Roman small town at Scole, his interests lie in the Anglo-Saxon and medieval periods. Amongst his significant, and published, excavations were Morning Thorpe Early Saxon cemetery, Middle Harling and Fullers Hill, Great Yarmouth. His final two decades of employment were largely taken up with the recording, for the Norfolk County Council’s Historic Environment Record and the national Portable Antiquities Scheme, of finds made by metal detectorists and amateur archaeologists, a sector of archaeological activity in which Norfolk leads the field. He gained a PhD on the landscape archaeology and history of one Norfolk parish, Fransham, in 1996. This saw final publication in the East Anglian Archaeology monograph series in 2022.

Alan Staton BA

Alan moved to Norfolk in 1987 to complete a degree in History and English Literature at the University of East Anglia. He made Norfolk his home and created a successful career in the county. Alan is an experienced marketer with widespread knowledge of how to engage different constituencies, promote brands and awareness. He has extensive experience of leading and managing interest groups. He has a lifelong passion for walking in the Norfolk and Suffolk countryside and visiting local historic sites.

YANA Mental Health First Aid training

Our Director, Natalie, and our Volunteer Coordinator, Jules were fortunate enough to be selected for the YANA MHFA training course earlier this year.

This two-day training means that they are now better placed to be able to offer the right help in the workplace, in their friend and family networks and the wider rural community. Both Natalie and Jules found the training extremely useful and have used their new skills and knowledge many times throughout the year- with volunteers, contractors and the wider community.

YANA has been established to provide mental health support for the farming and rural community in East Anglia and Worcestershire. Their aim is to ensure there is at least one person someone struggling might come into contact with who is trained to notice and talk about it. They have trained 260 people and are currently setting dates for 2023 and welcome applications.

• Provides confidential support through their helpline & fully funded counselling

• Builds an understanding of mental health with talks, events, and awareness

• Invests in Mental Health First Aid training

• Promotes a national suicide prevention campaign known as 7 Tractor Facts to Save a Life

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This year’s Challenges

NAT’s sites attract tens of thousands of visitors each year. Most of these visitors enjoy our sites, discovering their history, taking photographs, and walking their dogs. We also have visits from school groups, universities, exercise groups, heritage tours, and boat excursions. Unfortunately, as well as the positives, this quantity of visitors does bring about some additional challenges. NAT has experienced a significant surge in crime across all of our sites – this includes criminal damage, nighthawking (illegal metal detecting), anti-social behaviour, arson, theft, and verbal assault.

charges which included a ANPR camera at Burgh Castle Fort, the crime rate has significantly reduced. It is hoped that in the not so distance future, the same can be introduced at Caistor Roman Town and a similar reduction in crime will be achieved.

NAT works extremely closely with the Norfolk Constabulary who support us with hi-vis patrols, drone visits, problem solving and education. At Caistor Roman Town we have had no choice but to introduce Body-Cameras for our staff, volunteers and grazier as a prevention and evidence gathering tool.

The local press has been very supportive in bringing awareness of our challenges and NAT has featured in the EDP, ITV Anglia and BBC Radio Norfolk throughout the year.

Damage from illegal metal detecting at Caistor and St Benet’s images, fire at Burgh Castle image, broken signs.

As a positive, since introducing car parking

Introduction of car parking charges at Burgh Castle Fort

During Summer 2022, after finally getting planning permission granted, NAT introduced car parking charges at Burgh Castle Fort. Napier, the car park management company, designed a scheme sympathetic to the historical nature of its location. This includes clear, concise signage giving instructions on how to pay, a ANPR camera and a payment machine (both run on solar and/or wind energy). The introduction of charging will help support NAT’s long-term future, by providing a source of income which can be used to help manage our sites. Since its installation, it has proven to be very popular – with visitors keen to support our sites by paying the car parking fee. It appears to have also had a very positive impact on the crime rate, which has significantly reduced. It is hoped that in the short term future, a similar scheme can be introduced at Caistor Roman Town.

100 years

The Norfolk Archaeological Trust was started in 1923 by a Norwich solicitor and antiquarian, Basil CozensHardy.

He was convinced that there was a demand for an organisation in Norfolk which was committed to the ownership and care of monuments and buildings. The aims of the Archaeological Trust were set out in its 1923 Memorandum of Articles:

“To promote and foster the discovery, excavation, preservation, recording and study of sites and objects of archaeological and/or historical importance within the County of Norfolk for the public benefit.”

Initially, NAT focused primarily on historic buildings and earthwork sites came later. Its first property it saved was Augustine Steward’s House in Tombland, Norwich. During 2023, NAT will be celebrating its centenary with a range of special events and activities.

Funding

NAT has been extremely lucky this year to be awarded grants from the Arnold Clark Community Fund, Persimmon Homes Community Champions funding and The Blakemore Foundation for new signage and wildlife cameras which will be introduced at our sites during 2023. NAT is thankful for their kind donations and support.

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Community meet and greet at Tasburgh

This year NAT trialled a Community meet and greet event at Tasburgh on a Saturday during the Summer.

The aim of the event was to give the local community an opportunity to come and talk to us and understand the work we undertake in the management of the site.

The site warden volunteers supported Natalie and Jules, and using the NAT gazebo, presented displays on the history of the site, as well as information on joining us as a member or volunteer. It was very successful, approximately 50 visitors joined us including the parish council and church representatives. It attracted new volunteers and members, donations, guidebook sales and members of the local community. Due to its success, it is planned to run more of these events during 2023.

A Helping Hand

Volunteers play a vital role at NAT, with both onsite and virtual teams. As part of planned developments, Volunteer Co-ordinator Jules has been growing volunteering at our largest sites. Many companies now offer community activity days, either for individuals or departments, to support local charities and organisations. With the growing interest in, and importance of, green spaces, NAT has been creating opportunities and building relationships.

Taking place between Spring and late October, teams are invited to support NAT through a range of practical tasks including painting gates and fences, litter picks, conservation activity and minor repairs. This additional support helps us maintain, conserve and improve the visitor access and experience, whilst keeping our special places in good condition. Physical tasks and being outdoors boosts morale and gives a sense of achievement. As well as getting an excellent workout, corporate volunteers contribute to the important work we do which has direct benefits to visitors and wildlife.

Burgh Castle Fort and Caistor Roman Town saw teams from Aviva, Marsh McLennan and Virgin Money making a real difference in 2022. Volunteers reported increased wellbeing and pride at being able to help, as well as the ability to spend time with colleagues where homeworking has reduced in person staff interactions.

Future plans include increasing the number of volunteer teams, expanding the sites supported by group volunteering and widening the range of activities on offer - such as professional skills volunteering and pro bono support.

Team volunteering is open to all groups, not just corporate. Volunteers are supported on the day by NAT staff, with plenty of time to admire the splendid views with a cup of tea!

To find out more contact Jules Armour, Volunteer Co-ordinator at [e-mail]

----- Start of picture text -----
Community meet
and greet at Tasburgh
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Keeping in touch

We will always be pleased to hear from you about any aspect of the Trust’s work, especially if you are interested in volunteering at one of our sites email: [e-mail] You can also follow us on social media:

Twitter: @NorfArchTrust, Instagram: norfolkarchaeologytrust Facebook: facebook.com/NorfArchTrust facebook.com/burghcastlefort facebook.com/stbenetsabbeynorfolk

We also regularly update the website news and events pages www.norfarchtrust.org.uk. Text and photographs by Natalie Butler unless otherwise stated. Design by Starfish http://www.starfishlimited.co.uk

The Norfolk Archaeological Trust Unaudited summary financial statements Year ended 31 March 2022

The Norfolk Archaeological Trust Unaudited summary financial statements Year ended 31 March 2022
Income Grants Donations Subscriptions and gift aid Rents and insurance recharged Grazing and maintenance Investment income Other income Total income Expenditure Charitable activities Property expenses and insurance Project costs Salaries Office and other costs Total expenditure Investment revaluation Net movement in funds Unaudited balance sheet as at 31 March 2022 Heritage assets Listed investments Current assets: Debtors Cash at bank Less: Creditors:amounts falling due within one year Net current assets Net assets General funds Unrestricted Restricted	2022 £000's 61.2 5.1 1.8 13.7 4.6 8.5 3.4	2021 £000's 87.5 1.8 2.8 12.5 4.6 7.9 5.8
	98.3	122.9
	(55.5) (28.8) (34.5) (10.0)	(43.3) (16.0) (29.7) (14.6)
	(128.8) 27.6	(103.6) 38.1
	(2.9)	57.4
	1,022.2 330.9	1,022.2 303.7
	1,353.1	1,325.9
	2.2 78.3	1.7 96.3
	80.5 (22.3)	98.0 (9.7)
	58.2	88.3
	1,411.3	1,414.2
	1,406.3 5.0	1,388.7 25.5
	1,411.3	1,414.2

Council Members' statement

These unaudited summarised financial statements have been extracted from the full examined accounts which were approved on 11 October 2022. For further information the full Annual Report can be obtained by telephoning our treasurer on 01603 483735.

J M Sisson Chairman

11 October 2022

The Norfolk Archaeological Trust la company limlted by guarantee) Annual Report and Financial Statements Year ended 31 March 2022 Company number 191668 Charty number 274604

The Norfolk Archaeologlcal Trust la company limited by guarantee) Annual Report and Flnancial Statements Year ended 31 March 2022 Contents Page Legal and administralNe infomatrln Report of the Director and Counril Members 24 Report of the Independent Examiner Slalement of financial activtb.es (induding summary income an¢J expenditure account) Statement of financial po$rt￿n Notes lomiing part of the financial statements 8-12

The Norfolk Archaeological Trust Annual Report and Financial Ststements Year ended 31 March 2022 Legal and administrative information Charity name The Norfolk Archaeological Trust Charity registration number 274604 Company ￿giStratIon number 191668 Registered office Castle Chambers Opie Street Norw￿￿ NR13DP Operational address 5 Francis Road Long Stratton Norfolk NR15 2XT Trusto&s Mr N D Balaam Mrs H A Boll Iresoned November 20211 Mr P G Foster Mr P B Griffiths M8E (resigned April 20221 Mr H J Kilvert Mr A R¢￿erSOn lappoinled 16 June 20221 r A R Slalon lappoinled 16 June 20221 Dr J M Lester Mr M T Martin MBE Prof E M Pye Mr J M S1sson {Chaimanl Prof. O H Wam¢xk Mr A Squirrell lapwinled 16 June 20221 Trustees are refeffed to as'counol Members.. All Truste￿ a￿ Direciots. Director Mrs N Butler Company secretary Ms ju￿sAM70ur Investmont Manager CCLA Investment Management Senator House 85 aueen V￿0￿8 Street London EC4 4ET Bankers CAF Bank Ltd 25 Kings Hill Avenue West Malling Kenl ME19 4JQ Sollcitors Cozens-Hardy LLP Opie Street NoThiich NR1 3DP Independent Examinèr Joanne Fox FCA Larking Gowen LLP

The Norfolk Archaeological Trust Report of the Director and Council Members Year ended 31 March 2022 The Director and Council Members present th￿r reFort and the financial statements for the year ended 31 March 2022. Stwcture, governance and management Governing docum¢nl The organisatson is a charitable company (hereafter referred to as the Trusll. limited by guarantee, incorporated on 31 July 1923 and registe￿d as a charty on 7 April 1978. The company was established under a Memorandum of Associats"on vthich established the obfrects and pob%rs ol the company and Is govemed under its Articles of Asso¢ialKsn. In the eveni of the company being ￿￿)u[MI up the members ale ￿4￿l￿d to contribute an amount not exceeding £1. AppoiDtm&nt of Council MemboEs Under the lemis of the Memorandum and Articles of Assttiabon. new Counal Members may be appointed al any time. SLtbjeet to reledign at the next folk)vAng AGM. Appointment is also subject lo the Trust's Recruitment and Induction policy_ Goun¢ll Member induction and training New Council hAembers are bnefed on their legal obligth.ons under charity law. the content of the Memorandum nd Artides of Association and recent financial performan¢e of the Tnjst. as part of the agreed indudion process. Council Members a￿ encouraged io attend appropriate extemal training events where these will facilitate the undertaking of theiT Tole. Organi5ation The Members of the Council administer the Trust. The Counctl meets quartedy_ Mrs N Butler has been appointed by the Council Members to manage the day to day operatKJns of the Trust. To fa¢ililale effective operations, She has delegated authority. ￿￿thin the temis of delegatkjn approved by the Council hAembers lor operational matters including project activities and finance. Objectives and Principal activili The primary objective of the Trust is to promote and fostef the discovery. excavation, preservation. recording and study ol siles and obj'ects of arthaeological or hisloncal importance the County of Norfolk for the public benefit. The principal adIV￿.eS of the Trust continue to be the managemerrt and maintenance of ils properbe5 for public access. Rl$k management The bouncil Members have examined the major strategic. business and operation81 risks which the Trust faces and have produced a document which sets out the systems and procedures to mitKJate major risks. The strategy also includès procedures lo minimise the impaci on the Trust should those risks materialise. This policy is re￿Iewed bkgnnually. Public bgnofit The Director and Counal Members corffimi that, in exerasing their powers and duties. they have complied wlh their duty lo have due regarf lo the guidance on public benefit published by the Charity Commission.

.The Norfolk ArGhaeological Trust Report of the Director and Council Me¥nbers (continuea) Year ended 31 March 2022 Achievements. perfomiance and future plans Revi&w of activities and ￿rfOrniance Thè Tnjst conb.nued to manage rts ard)aeological site5. A rrfjre detailed revE4V of projects can be found in note 13 to the accounts and in the 2022 Spnng Newsletter available on our %4eb3ite. A summary is given below. Jules Armour j(Nrked NAT as the Vdunteer Team Co-ordinator dnd later in the year also took over as Trust Administrator The impact ol the covid pandemic has ￿eant th#1 the volurrteer team weie restricted to online a¢bvities. Since restrictions were lifted. additional volunteer5 have joined Ihe teams across all roles, lour guides, soryal media. site wardens and new teams have been created.. Meet and Greet and Researd). The team is over 90 strong and cover all of NATS sites plus orline ac"vth"es. Due to the pandemi¢ events and fundraising OPFQrtunities restr￿ted. Hthyever. ￿SitorS have been able to donate on site with ¢ash or via a QR code. Heritage Open Days weie a succes5 at St Beneys Abbey, Caior Roman Town. Bur9h Caslle Fort and Fiddlers Hill. In line wth the strategic pIan-￿anning pemissionladverb"seTrnl ¢onsent has been gfanted to allow NAT to Introduce C3r parking charges al Burgh Casde Fort. This wll support the dmp in income from rurnl pay￿Ent s¢hemes over the next lew years. .eiitage Crime event in partnership th¢ RSPB. PAS. Norfolk Conslabulary and NWT thich ran at Caistor Roman Town was very successful both for the Publ￿ en9ag•m&nt and the opportunitses for the organisabons involved. Vvorks to consolidate St Benet's Abbey ruins. funded by tre NLHF have been $uccessfully o)mplÈted. School visits and vi&ts by i£￿1 groups i.e. Guides and Su)uts have recomTren¢ed. Plans for fLrturo peri¢d$ Herrtage Open Days will be run by volunteers and acT05s the ttrain three siies.. 8urgh Castle F¢Jt. Caistor Roman Town and St Beneys Abbey. Following a successfvl planning pemiission. car P#fkin9 dTrarges will be introduced at Bur9h Casue Fort to help IncofTE 9enèration needed to support the maintenance of NATS siie. It 1$ also hoped that car parking d)arges can be intioduced in thè near future at Caistor Roman Tovm. In line wth the strategic plan. NAT VAII cxjntinue to investigate potentbal heritsgo at risk sites to acquire in Norfolk. The new 5UPPOrters scheme will be laund)e(I vKth a bwer and rrKJTe exryting offer lo attr8¢1 a WMer audience. Financial review Principal fvnding sources In the current year the Trust has received from DEFRA under rts Agrienvironmenl Schemes and from the RPA under rts Basic Payments Scherre. In add￿'on English Heritage. and various loc1 authorities have provided funds to cover operational and other costs. Uètails of grants re￿Iv?b1e are set out in note 7. Other Sou￿$ of funding Indude income from a rental property, gfazing feès and guide book sa￿. Appli(%tions to part fund mapr projeds are made lo DEFRA. The National Lottery Hefrtage Fund. Natural England. English Herrtage and other bodies when appropnate. In the current year the Trust intsjrred a defi¢it on its un￿StriCted aclivib.es 01 £10.076 before investment gains. Investment policy The Counol Members have the po**r to administèr and manage the assets of Ihe charity. Thèy have delegated the managernefit of their property pM)rtfolio to the Trusfs Directly. The Trust invests in the COIF Charities Investment Fund Income units The aim of the fvnd is to mibgatÈ capital risk by spreading across sectors in established companies and to maintain income relums. Surplus cash funds are generalty held in de5)osits to mat¢h the needs ol the Trust for liquid funds. The Council Members review the level of equty investTnenls from time to lin￿ in the light of investment needs of the Trust. It IS tht Council Mèmbers objeuive to sec#J￿ investment income towards part of the running costs of the Trust whilst ach￿ving sufficient growth ￿ enable the investments to gow lo provKJe for in¢reasing oprats'onal costs in the future.

The Norfolk Archaeological Trust Report of the Director and Councll Members (continuedl Year ended 31 March 2022 Reser¥es policy The Council Members have examined the Trusfs requirements for reserves in the light of main risks to the organisation have estsblished a ry)Iw ¥thereby the unrestricted fvnds not Comm"￿ed or invested In tangible fixed assets and Investments held by the Trust should not fall belcm a minimum of £50.000. The reserves are needed to finance any cyclical major repairs act as a buffer against any unforeseen evenls. At 31 March 2022 the free reserves Ibwhich exclude all fixed Hssets and investments) amounted to £S3,164. The level of Yree rese¥ves' is considered appropriate given the scak of acliwtses of the Norfolk Archaeological Trust. the nature of rts listed buildings.scheduled monuments and sites managed. Statement of Dire¢torf$ and Councll Mem￿1$, Rasponslbllities The Directors and c￿ne11 Members are responsible for preparing the Directors and Council Members Report and thè financial statements in accordance with applicable Lqw 8Th1 Unrted Kingdom AcLounting Standards Iunited Kingdom Generally Accepted Accounting Practice). Company law requi￿$ the Directors to prepare finafioal stements for each financial year. Ur¢der company law. the Direclors must not approve the financial statements unless they are sat5sfied that they give a true and fair view of the slate of affairs of the company and of rts incoming resources and applicatson of ￿soL1rceS. including Its income and expenditure, for that period. In preparing these financial ststemenls. the Directors are required to.. select suitable a¢counling poliaes and then apply them con51sten￿y', observe the methods and principles of the Charitses SORP IFRS 102)- make judgements and acc¢xJnting estimate5 that are reasonable and prudent", state whether applicable UK Accounting Stsdards IFRS 109) nave been folÈowed, subj-ect to any material departu￿$ disdosed and expk8ined in the financial statements., prepare the financial statements on the g￿ng concem basis un5ess it is inappropriate to presume that the company will conb.nue in business. The Oirectois and Council Mernbers a￿ responsible for keeping adequate accounting records that are sufficient lo show and explain the Trust's transaetions and disclose Trmth reasonable accuracy al any tsme the financial position of the TnJ51 and to enable them to ensure that the financial ststements comply the Companies kt 2006. They are also responsible for safeguarding the assets of the company and hence for tskin9 reasonable steps for the prevention and det￿tIOn of fraud and other irregularities. Directors and Councll Membors The Council Members, who are Directors for the purpose of company law and Trustees for the purpose of charity law and seryed d4Jring the year and up to the date of thbs report are set OLrt on page 1. The financial 5tstements have been prepared in accordance Vorylh the accounting policies set out in the notes to the accounts and comply with the ¢hariWs governing do¢um.ent. the Chant￿$ Act 2011 and Accounting and Reporting by Charities.. Stsiernenl of Recommended Practice applicable lo charities prepanng their accounts in accordance vthh Lhe Financial Re￿rting Stsndard appl￿b￿ In the UK aiid Republic of Ireland (Ffis 102} leffective 1 ¥anuary 20191. since the company qual¢fies as Small 5Jnde.. Sectio￿, 383. the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report anL1 Direclors, Reportl Regulats"on5 is not required. Approved by the Council Mèmbers on 110clober 2022 J M Sisson Chairman

The Norfolk Archa80logi¢al Trust Independent Examinef s report For the yeaT ended 31 Mafch 2022 Indèpendent Examlnerfs report to the Council Mèmbors of The Norfolk Archaeologi¢al Trust I report lo the charity Council Vembers on my eXaMinat￿n of the ac¢ounts of the company for the year ended 31 March 2022 which are set OLrt on page5 6 to 12. Re5pon$ibilities and basis of report As the charity Council Members of the Company land also its Directors for the purposes of company lawl you are responsible for the preparation of the accoJnts in accordance with the requirements of the Companies Act 20061'lhe 2006 Acl'l. Having salisf5ed myself that the accounts of the c(xnpany are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. l ￿pOrt in respect ol my exariiinats'on of your Company's accounis as carried out under sects.on 145 of tne Charities Act 2011 1.the 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{51{bl of the 2011 A¢t Indèpendent examiner's statement I have Completed my examination. I confim that no matters have come to my attention in connection wrth the examination giving me eause to believe that in any material respect". 1 drxountiig feGordo were not kept in ￿SpeCt of the company as required b> section 386 of the 20(￿ A¢t; or 2 '.hfr aCCOiJnls do noi accord With those records". or ? accounts do riot coinply the arLounling requirements of section 396 ot the 2006 Act other than any I"eqLiremenl ttial the a¢￿Unts gwe a Irue ap.d fair view viiich is not a matter considered as part of an inoppeident exarriin2tiOn' 4 the accounts have not been prepared in aceordance wlh the methods and principle5 of the Statement of Recommended Practice for accounting and reporting by chariti.es applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsn(lard applicable in Ihe UK and Republic of Ireland IFRS 1021 I have no ¢onceTns and have come across no other mattels in ￿nneCtIOn wth my examination lo whi¢h attention should be dr8vm in this respect in order lo enable a proper understanding of the accounts lo be reached. This report is made solety to the charity¢ Council Members. as a bod). in accordance with Part 4 of the Cliarilies IA¢counts an(1 Reports) Regulalions 2008. My work tr13S been undertake.n $0 that I niight state lo the ¢harity's Trustees those rfialteis l am ￿qUired to state to them in an independent examiner's report and for no other purpose. To the fullttst exlenl permitted by law. I do not accept or assume responsibility to anyone other than the chafity and the charty's Council Members as a body. for my 4wrk or for this report. Joanne Fox Larking Gowen LLP Charteied Accountants Norwich

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The Norfolk Archaeological Trust Company registration no. 191668 Statement of financial position as at 31 March 2022 2022 2021 Notes Fixed assets Tangible assets Listed investments and cash 1,022,204 330,943 1,353,147 1,022.204 303.743 1,325,947 Current assets Debtors Cash at bank and in hand 10 2,202 78,296 80.498 1,640 96,344 97,984 Crèditors: Amounts falling due W￿lhI￿ one year Net turr•nt assets 22.375 S8,123 9,732 88.252 Total assets less ¢urr9nt liabilities 1,411.270 1,414,199 General funds Restricted Unrestricted 12&13 4.959 12 &13 1,406,311 25,460 1.388,739 1.411,270 1,414.199 For the financial period ended 31 March 2022 the company entiiled to exemptK)n from audrt under section 477 Companies Act 20C6. No member of the company has deposrted a notice. pursuanl to sedion 476. requiring an audit of these financial stalements under the requirements of the Companies Act 2006. The D￿re￿or and Countsl Members a¢knovAedge their responsibilities for ensuriThJ that the ￿MpanY keeps accounting records whKh compty with se¢bon 386 of the Act and for preparing financial slaterllents which gwe a true and fair view of the state of the affairs of the company as * the end of the financial period and of 115 profft or loss for the financial period in accordan￿ the requ1￿mentS of Se¢tions 394 and 395 and which otherwse wmply the requirements of the Companies Act 2006 relating to accounts, so far as is applicable to the company. The company'5 finan¢ial statements have prepared in accordance wth the Provisions appli¢able to companies subie¢l lo the small Gompanies regime. These financial st*ements were approved and authorised for issue by the ￿TeCtorS and Council Members on 11 October 2022 and are signed Dn its beharf by.. J M Sisson Chairman The noles set out on pages 8 to 12 form part of these financial stslemeots

The Norfolk Archaeological Trust Notes to tho financial statements Year ended 31 March 2022 1 Stslutory Inforniation The Norfolk Archaeological Trust is a private tharitable company. limiled by guarantee. domiciled in England and Wales, ￿giStratIon number 191668. The registered office is Castle Chambers. Opie Street. Norw¢ch. NR1 3DP. 2 Compllance with accountlng stsndards The financial staternents have bèen prepa￿ in accordance wlh the Statement of Recommended Pr￿lIce". Accounling and Reporting by CharrtFes preparing Iheir accounts in accordance with the Financial Reporting Slandaid applicab￿ in the UK and Rèpublic of Ireland IFRS 1021 leffe<#ive 1 January 20191 the Financial Reporting Standard applicable in the Unrted Kingdom and Republic of Ireland IFRS 1021 and the Companies Act 20C. The Norfolk Archaeological Trust meets Ihe definitson of a public benefit entity under FRS 102. Assets and liabilities are Initially recrJnised at hislorical cost or transath.on value unless otherwise stated in the ￿levant accounting policy. 3 Accounting poli¢ie$ The principal accountin9 pOI￿leS adopted in the preparation of the financial statements are set out below and have remained unchanged from the p￿vIOuS financtal year. and atso have been o)nsistently applie Wrth1￿ the same accounts_ The financial slaternents have beÈn Pf&pared under the hist￿¢01 co$1 convwthjn. The presentation cUr￿ncY is £ sterling_ 141 Going concern The Council Members have considered the financial posrtion ofthe charity and have txjnduded that they have a reasonable expectation tl)at the charity will havè adequate fesources to Continue in operational existence for the foreseeable future, being at least twèlve months from the dale of slgning these financial statements. They Iheièfore continue to adopt the going ¢oncem basis of 8¢coun*ing in prepartng these financial statements. Ibl Fund accounting General funds are unrestricteil fijnds which are available for use al the di$￿tion of the Counul Members in furtherance of the gener31 objectives of the Trust and ¥thich have not been designated for othèr purposes. Restricted funds are funds whKh can onty be used for parb"cuL4f reSt￿ted purposes within the objectives of the Trust. Fiestrictions arise when speofied by the donor or when fvnds are iaised for partI￿lar restricted purposes. Designated funds are unrestricted fLtnds earmarked by the Trustees for parts'cuLqf purposes. Icl Income Grants. including th￿ rèlating to the a￿Ul$￿"0n of freehdd prO￿rtY. are rewnised in the stalemenl of financial activit￿5 ISOFAI in the period in which the conditi¢)ns for receipl have been met. Grants received to finance activities in future ac£ounling periods are induoed within defe￿e<l income and reGognsse(l in the peiiod In which those ath"vities are undertaken. All income is recognised once the Trust has entiUeThenl to the income. rt is probable thal Ihe in¢xJme Mll be received and the arnount of income receivable (2n be measured reliably. Rents receiv8ble are r8cogni$ed in the SOFA in the pÈriod in wh￿h they fall due. Life subscripti¢)ns arè recognised in the SOFA in the peiiod in wh+ch Ihey ale receivable. Donations and legaties reCeiVa￿e are recognised in Ihe SOFA in the period in which they are received. Donated seryices and facilitie5 are included al the value to the Twst vthere thts can bè quantir￿d. Investment Income is induded when receivable. Idl Expenditure Expenditure is reo)gnised Dn an accruals basis. Expenditure inGudes any Value Added Tax which cannot be fully recovered. and is ￿parted as pan of the expendrture to which it relates." Gharitable expendrture comprises those cx)sts incuryed by the Trust in the delwery of rts 8CtNlties. 11 In¢lLJdes both o)51s that can be allwled direcfiy io such actiwts"e5 and those costs of an indirect nature necessary to support them. Other costs indude those costs associated meeting the conStitut￿n81 and stabJiOry requirements of the Trust and include the examinerfs fees and costs linked to the strategic management of Ihe Trusl.

The Norfolk Archaeological Trust Notes to the financial statements (continkned) Year ended 31 March 2022 3 Accounting pollcies Ic¢)nIlnu￿} lo} Flnancial in¥lrument transactlo The company only ente[5 into bas￿ financial instrumevt transaetw)ns that resutt in the rècognith)n of ￿an¢1 85sets and liabilit￿S like trade and other debtors and uedriors. If) Hertthge assets Heritage assets are caprtalised 8s tsngi￿ fixed assets. Subsequent and renewal expendrture 15 tharged to the statement ol financial a￿￿￿7eS in the perKM1 in whth rt is incurred. In O￿n￿)n of the Counc Members, the residual value of freehold prr¥)erties Is. and will continue to Ix for the foreseeable future, at least equal to the arnount at whKh they are induded in the financial statennts and therefore any depreuation charge would be immaterial. A(£ording￿, no provisw lor dew8CAabon on freehobj Fwoperties is ind[￿￿ed in Ihe fin8nc#al statements Igl Other tanglble flxed asstts Othei tan9ible fixed assets are stated * Cost tspreryatK)n and ary prwson for impairTrent. Assets are fvlly dep￿￿ated in th¥ y￿r of wuisÉtiQ￿. Ihl Listed Investsnents Rea115ed ènd unrealised gains and losses on investment a5set5 are Nknsuded in Ihe financu?I statements. Realised gains are based on the drfferen¢e befv￿n the ryen martet value ofthe inveslment al the ￿ginnIng of Ihe year or cost ol purchose In the cUr￿nt year and sale proceèds The inve5trrwl assets are revaluèd at the erKI of each fI￿ancial year. Any incwse or decrease in valuatvjn ￿)mpared vthh the wdluation al the beginning of Ihe year 01 cost of purchase in the current year is induded in the finarrial 5tsteft￿ts as an unrealised gain or105S. 4 Expenditure 22 Totsl 2021 Total Restricled UnrgstrhXe4J Restrid•d Un￿￿trided Charitsble activitles Property expenses Insurance Project rA)Sts Salaries and pensK)n Accounlancy and secTei8rial Subscriptions Office costs Meebng expenses 377 43.XJ3 11,654 43.880 11,654 28.832 34.478 32.836 10.460 32.8 10,460 15.949 31.643 5.8 401 4.979 173 102.337 15.949 34.478 31.643 5.8 316 3,514 316 3,514 4.979 173 86.388 29,209 98,374 127.583 15.949 other Examinets fee 1.233 B7.621 1.233 103.570 29.20 99.670 128.879 15,949 5 Salarie¥ and penslon Staff salaries 2022 2021 Gross Salaries Pension contributions 31904 S74 34,478 31.105 538 31,643 Directorfs Yemuner¥iion 2022 2021 Gross salanes Pension conlfibutK)ns 19,200 389 19.589 29.200 538 29.738 The average numter of staff emptoyed w8$ 2 12021.'31

The Norfolk Ar¢ha•ological Trust 10 Notes to the financial statements (continu￿) Year ended 31 March 2022 6 TrnnM¢tion$ with Council lknbers •nd Olrecior The Council Membefs received no remuneration or exper6es during:IE year12021.. £nill The was reirnbursed expenses of £1,36612021.. £1.5241 The￿ were no ￿lated party transactins 7 Grants and other payments re￿1￿11 2022 Unr8stntsJ Restricted 2021 Revenu• grants DEFRMJRural Paymenis Awcy." Agrinvironment Schernes Ba51c farm payment sch8rn• English Herrtage 8urgh Castle ParL%h c0￿Ci1 Middleton Parish Cowicil GT&ai Yèrmouth Borough CO￿￿1 Capitsl grants Historic Englartd St 8enets AOb&y- Church fabr 8roads AJihorrty Burgh Castle- Arnanac Frends of St Benets Abtey 21.878 24.$88 21.878 24588 19.1C 26.210 19.108 26.210 6.000 200 3W 1,000 2LVJ 300 1,000 7.208 21,624 21,624 10.449 2.654 34.727 10,449 2.654 61,174 52.618 8 Tangible assets Freehoky land Freehdd buildings &￿TIts9e asS•ts Total Cosl At 1 April 2021 and 31 Marth 2022 1.QK)5.553 16.651 1.022,204 ASI the Trust's properts are held for ttir archaeogical LY historical imputsnce aThY their continuing retentkJn Is a furtherance of the Trusfs objectives They are all un4ue and fomi part of the henta9e of the nation The Trust rnaAgge tf folkjw.ng heritage prop8rts". Net cost at 31 March Inc¢Tr Insurance 2022 r￿1Vab￿ fecharggj 31 Maith Grant5 2W r￿Nab Property expenses Pykere115 House Burnham Norton Friary Binham Priory Caistor Roman T£Awn Iron Age Fort al Tasburgh Roman Fort at Burgh Cast St 8e￿t$ Abbey, Hornin9 lion Age Fort. South Cwke Unil3rian Chapel. Filby Moot Hill. Wyrnondham FA1dlefs Hill Mithlleton Mourrt 16.826 2.8QO 26.403 529,812 42,19., 224.240 72.739 11f2.673 16.826 5.675 I2.8(￿1) 122.9201 1471.9441 136.3001 1200,2(X)I 128.5001 187 4831 226 25 18.277 1.037 10.828 3.957 924 1,025 673 3.483 57,868 5.891 24,040 44.239 15.190 5.491 512 19.079 7,563 419 5.00) 911 1.230 43.503 3.8201 1853.9571 7CKJ 168.237 1.022,204 44,659 5.67S The Trust 1$ currendy negotiabng the MIS￿)n o Mccrt Hill. Wyrr.orxfnam A pr￿lon of t5.UX) has tseen made to cover gny costs Incurre(l.

The Norfolk Archaeological Trust Notss to the financial statsments (continued) Year ended 31 March 2022 9 Listed investmeths and cash Investments Cash Total Market value at 1 April 2021 Decrease in (*sh balances Sale pioceeds Gains on inveslments Acquisition costs Market value as at 31 March 2022 289,555 14.188 {14,1881 303,743 114,1881 1335,0261 27,648 348,766 330,943 1335,0261 27.648 348,766 330.943 Cost as at 31 March 2022 327.234 327,234 Al 31 Marth 2022, all investments are held in COIF Charities Inveslment Fund income unit5. 10 Debtors 2022 2021 Donations rècèivable Olher debtors 1,000 1.202 2,202 1.640 1.640 11 Creditor5= amounts falling due ¥￿in one year 2022 2021 Creditors Accruals 4.022 18,3S3 22,375 3.295 6.437 9,732 12 Analysis of n¢t assets Unrestricte(J Restricted fund nd Total 2022 Heritage propwty Listed investments Cash al bank Nel deblorsllcreditorsl 1.022,204 330,943 74.337 21.173 1.4(6.311 1.022,204 330.943 78,296 20,173 1,411,270 3.959 1,000 4,959 Unfestricled Restricted fund lund Total 2021 Herrtage property Listed investments Cash at bank Net debtorsllcreditors} 1,022.204 303.743 70.884 18,0921 1.388.739 1.022,204 303.743 96.344 18.0921 1.414.199 25,460 25.460

The Norfolk Archaeological Trust 12 Notes to the financial statements {continuedj Year ended 31 March 2022 13 Movements in funds At i April 2021 Invesbnenl At 31 March Gain5 2022 Income Expendrture Restricted funds Caistor Roman Town". Fun day St Benets Abbey.. Church fabric Friends of Sl Benels Abbey Other Signage and equipmerrt 1,182 1,182 21.624 2.6S4 7,208 28,832 2.654 1.500 8.708 377 29,209 1,123 4.959 25.460 Unrestrictsd funds General fund 1,388.739 89.594 99.670 27.648 1,406.311 Furbds at 31 March 2022 1.414,199 98.302 128,879 27,648 1,411,270 Al 1 April 2020 Investment At 31 March Gains 2021 Income Expenditure Restricted fvnds Cai51or Roman Town- Fun day Guide book Sl Benets Abbey". Church fabric Friends tsf St 88nets Abbey Burgh Castle". Almanac project 1,182 1,182 5,500 21.624 2,654 21,624 2,654 10,449 34,727 10.449 15,949 6,682 25,460 Unrestricted funds General fvnd 1.350.144 88.190 87.621 38,026 1,388,739 Funds at 31 Mar¢h 2021 1,356.826 122,917 103.570 38.026 1.414,199 Caistor Roman Town projocts day" South Norfolk District Council has prOV￿e￿ fvnds for a¢bvty days at the site. £1.182 remains available for future events. St BenÈts Abbgy projects The cash balance of £2.654 vrds gifted to the Trust following the ￿SSatIon of the Friends of St Benets Abbey charity and is to be used lo frJndlpart fvjnd projects ￿lating to the site. The iepairs to the church fabnc at St Benets Abbey has rthi been completed. Other projects £1.500 was generously donated by Arnold Clark to prowde fundg for SEgnage and volunteer equipment.