The Norfolk Archaeological Trust (a company limited by guarantee) Annual Report and Financial Statements Year ended 31 March 2025 Company number 191668 Charity number 274604
The Norfolk Archaeologlcal Trust la company limited by guarantee) Annual Report and Financial Statements Year ended 31 March 2025 Contents Page Legal and administrative infomialion Report of the Council Members 24 Report of the Independent Examiner Statement of financial activities (including summary Income and exFtnditure account) statement of financial position Notes forming part of the financial statements 8-12
The Norfolk Archaeological Trust Annual Report and Financial Statements Year ended 31 March 2025 Legal and administrative inforniation Charity name The Norfolk Archaeological Trust Charity reglstration number 274604 Company registration number 191668 Registered office Castle Charnbers Opie Street Norweh NR1 3DP Operational address 5 Francis Road Long Strallon Norfolk NR15 2XT Trust90$ Mr N D 8alaam Mr P G Foster (resigned May 20241 Mr S C Fowler Mr H J Kilvert Dr J M Lesler Mr M T Martin MBE Prof. E M Pye Mr A Rogerson Mr J M Sisson (chainan) MrA R Slalon Mr A Squirfell {resigned October 20251 Prof. O H Wamoek Trustees are referred to as 'Council Members,. All Trustees are Directors. Director Mrs N But1 Company s¢¢retsry Mrs V L Draper Investment Manager CCLA Investment Management One Angel Lane London EC4R 3AB Banker CAF Bank Ltd 25 Kings Hill Avenue West Malling Kent ME194JQ Sollcitor8 Cozens-Har LLP Castle Chambers Opie Street Norwich NR1 30P Independent Examiner Giles Kerkham FCA DChA L8rking Gowen LLP
The Norfolk Archaeological Trust Report of the Councll Membors Year ended 31 March 2025 The Council Members present their report and the financial statements for the year ended 31 March 2025. Structure, governance and management Governlng document The organisation is a charitable company (hereafter referred to as the Trustl, limited by guarantee, incorporated on 31 July 1923 and registered as a charity on 7 April 1978. The company was established under a Memorandum of Association which established the objects and powers of the company and is govemed under its Articles of Association. In the event of the company being wound up the members are required to contribute an amount not exceeding £1. Appointment of Council Members Under the terms of the Memorandum and Articles of AssoCiatn, new Council Members may be appointed al any lime, subject to re*lection at the next following AGM. Appointment is also subject to the Trusvs Recruilmenl and Inductn policy. Councll Member Inductlon and training New Council Members are briefed on their legal obligations under charity law, the eonlent of the Memorandum and Articles of Association and recent financial performance of the Trust, as part of the agreed induction process. Council Members are encouraged lo attend appropriate external training events where these will facilitate the undertaking of their role. Organisation The Members of the Council administer the Trust. The Council meets quarterty Mrs N Butler has been appointed by the Council Members lo manage the day lo day operations of the Trust. To facilitate effective operalions, she has dele9aled authority. wiihin Ihe terms of delegalion approved by the Council Members for operats.onal matters induding project activities and finance. Objectivès and principal aetivitl•8 The primary objective of the Trust is to promote and foster the discovery, excavation, preservation, recording and study of siles and objects of archaeological or historical importance within the county of Norfolk for the public benefit. The principal acb'vilies of the Trust continue lo te the management and maintenance of its properbes for public access. Risk management The Counul Members have examined the major strategic, business and operational risks whh the Trust faS and have produced a document which sets out the systems and procedures to mrtigale major fisks. The strategy also includes procedures to minimise the impact on the Trust should those risks matenalise. This policy is reviewed biannually. Publlc beneflt The Council Members confirm that, in exercising their powers and dulles, they have complie¢J wth their duty to have due regard lo the guidance on public benefit published by the Charity Commission.
The Norfolk Archaeological Trust Report of the Council Members (contlnuedl Year ended 31 March 2025 A¢hlevements, performance and future plans Review of aGtiviti08 and perforniance The Trust continued lo manage its archaeological sites. Details of ongoing and completed projects can be found in note 13 to the acunt5 and in the 2025 Spring NewSlIer ?vailable on our website. A summary is given below.. All siles have active volunteer teams which fulfil roles from Sile Wardens aD.d Tour Guhs to Researchers. New relationships have boan fomied with local oiganisations to offor volunteer days Heritsge Open Days were 8 success. we launched Geocaching al St Benel's Abbey, Caislor Roman Town and Burgh Castle Fort. This has proven lo be very popular and attracted new visitors. Work was completed on extending the car park al Caistor Roman Town and inlrodu¢ing car parking charges to lo help with the reduction in funding from the Basic Payment Scheme. The inlrodu¢lion of visitor counters has albwed us to have a better understanding of the number of people visiting our sites. Plans for future poriods We plan lo expand our activities on Heritage Open Days by inlro¢Jucing a series of talks and farnity events across our main siles Including Pykerell's House which will be o?er, for pre-booked tours. In accordance with the strategic plan, NAT will Coi iiinue lo investigate the possibilrty of a visitor centre.at Caislor Roman Town. Market Research will be commissioned al Ccllstor Roman Town lo understand the visitors, and what they would like lo see done wth the sile in lemis of faeililies, inlerpretslion and accessibility. Repairwork be undertaken al Bumham Norton Friary. NAT will continue to investigate the possibility of acquiring future sites on the al fisk heritage fegister in Norfolk. NAT will develop a 'support your site. campaign to raise fund5 for individual siles. Financial review Princlpal funding sources In the current year the Trust has received operational grants from DEFRA under rts Agrinvironment SGheme8, the RPA undei its Bdsic Paynients Stheme and Gapital grants fiom The Herit89e Lottery Fund to fund the NAT 100 celebrations. and South Norfolk and Broadland District Council to fund the extension to Caistor Roman Town car park. In addition English Heritage and local authorities have provided funds to cover operational and other Costs. Details of giants receivable are sel out in note 7. Other scurces OS funding include income from a rental property, grazing fees. car parking and guide book sale5. In the current year trust incurred a surplus on its unrestricted activib'es of £14.840 before investment gains. Inv8Stment pollcy The Council Memtr*rs have the power lo administer and manage the& assets of the oharity. They have delegated the management ol their property portfolio to Mrs N Butler. The Trust Invests in the COIF Charities Investment Fund income units. The aim of the fund is to mitigate caprf(al risk by spreading across sectors in established companies and to maintain income returns. Surplus cash funds are generally held in deposits to match the needs of the Tm8t for liquid funds. The Council Members VIeW the level of equity investments from lime to lime in the IHJht of inveslmenl needs of the TfUSt.11 is the Council Members objective to secure investment Incoffle towards part of Ihe running costs of the Trust whilst achieving sUffiCnt growth to enable the investments to grow lo provide for increasing operational costs in the ture.
The Norfolk Archaeological Trust Report of the Council Members (continued) Year ended 31 March 2025 ReseNes pollcy The Council Members have examined the Trusfs requirements for reserves in the light of main risk$ to the organisation have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets and inveslrnents held by the Trust should not fall below a minimum of £50,000. The reserves are needed to finance any cyclical major repairs and act as a buffer against any unforeseen events. Al 31 March 2025 the free reserves Iwhich exclude all fixed assets and Investments) amounted to £58,315. The level of'free reserves, is considered appropriate given the scale of actNilies of the Norfolk Archaeological Trust, the nature of its listed buildings,scheduled monuments and siles managed. Statèment of Councll memb9. Regponsibilitles The Council Members are responsible for preparing the Council Members Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounb"ng Practi1. Company law require5 the Council Members to prepare financial statements for each financial year. Under cofflpany law the Council Members must not approve the financial statements unless they are satisfied that they give a true and fair view of the stale of affairs of the company and of its incoming resoufces and application of resources, including its income and expendrture. for that period. In preparing these financial statements, the Council Members are required lo.. select suitable accounbng policies and then apply them consistently,. observe the methods and principles of the Charittes SORP IFRS 1021.. make judgements and accounting estimates that are reasonable and prudent., state whether applicab5e UK Accounting Standards IFRS 1021 have been followed. subject lo any malenal departures disclosed and explained in the financial stalemenls., prepare the finan¢ial statements on tho going concern basis unless it is inappropriate to presume that the company will conlirsue in business. The Council Members are responsib for keeping adequate accounting records that are sufficient to show and explain the Trust's transactions and disclose with reasonable accuracy al any time the financial posits'on of the Trust and to enable them to ensure that the financial statements comply with the Companies Act 20C6. They are also responsible for safeguarding the assets of the Company and hence for taking reasonabl8 steps for the prevention and delection of fraud and other IrregularitS. Dir•ctors and Coun¢ll Mombers The Council Members, who are Direthsrs for the purpose of company18W and Trustees for the purpose of charity law and who served during the year and up to the date of this report are set out on page 1. The financial slalements have been prepared in accordance wrth the accounting wlicies set out in the notes to the a¢UnIS and comply with the charity's governing document, the Charities Act 2011 and Accounting and RerK)rting by Charities." Ststement of Recommended Practice applicable to chanties preparing their acwunls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. Since the company qualifies as small under Sectson 383, the strategic rewrt required of medium and large companies under the Companies Act 20C6 Islralegic Report and Directors, Report) Regulalions is not required. Approved by the Council Members on 7 October 2025. J M Sisson Chairman
The Norfolk Archaeological Trust Independent Examinerfs report For the year ended 31 March 2025 Independent Examlnefs report to the Council Membern of The Norfolk Archaeological Trust I report to the charity Council Membets on my examination of the accounts of the company for the year ended 31 March 2025 which are set out on pages 6 to 12. Rosponsibilities and basis of report As the charity Council Members of the company land also its Directors for the purposes of company h3w) you are responsible for the preparation of the a¢¢ounts in accordance wth the requirements of the Companies Act 20061.the 2006 A¢l'l. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2008 Act and are eligible for independent exarnination. I report sn raspact of my examination of your compgny's accounts as carried out under Section 145 of the Charities Act 20111.lhe 2011 ACYI. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151{bl of the 2011 Act. Independent examinorfs statement I have ¢ompleted my examinal*)n. I confirm that no matters have come to my attentDn in connecth?n with the examinats'on giving me cause lo believe that in any material respect.. 1 aceountsng records were not kept in respe¢l of the company as required by section 386 of the 2006 Act., or 2 the accounts do not accord with those records,. or 3 the accounts do not comply with the accounts.ng requirernents of section 396 of the 2C16 Act other than any regulment that the accounts give a Iru$ and fair VI which is not a matter considered as part of an independent examination., or 4 the accounts have not been prepared in accordan with the methods - ',Id principles of the Statement of Recommended Practice for aOUntIng and reporting by charities applicable to eharits'es preparing their accounts in accordance wth the Financial Reporting Stsndard applicable in the UK and Republi of Ireland IFRS 1021 I have no eoncems and have come across no other matters in connection with my examinats.on to which attention should be drawn in this respect in older to enable a proper understsnding of the accounts to be reached. This report is made solely to the charitys Council Members, as a btsdy, in accordance with Part 4 of the Charities (Accounts and Reports) Regulabons 2008. My work has been undertaken that I might state to the charity's Trustees those matters l arn required to slate to them in an independent examinerfs report and for no other purrK)se. To the fullest extent permitted by law. I do not accept or assijme responsibility to anyone other than the charity and the charity's Council Members as a body, for my work or for this report. Giles Kerkham FCA DChA Larking Gowen LLP Chartered Accountants Norwich 2 December 2025
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The Norfolk Archaeological Trust Company registration no. 191668 Statement of financial position a8 at 31 March 2025 2025 2024 Notes Fixed a68gts Tangible assets Listed investments 1.022.204 335 965 1,358,169 1,022.204 348,410 1.370,614 Current assets Debtors Cash al bank and in hand 10 11,581 71.021 82.602 74,748 56,327 131,075 Creditors: Amounts falling due within one year Net current assets 12,461 70,141 49.311 81,764 Totsl assets less cunent Ilabllltle8 1,428,310 1,452,378 General funds Restricted Unrestricted 12&13 11,826 12 &13 1,416,484 33,289 1,419,089 1,428,310 1,452,378 For the financial period ended 31 March 2025 the company wa8 entitled to exemption from audrt under section 477 Companies Act 2006. No member of'the company has deposited a noti, pufsuanl to section 476, requiring an audit of these financial statements ijnder the requirements of the Companies Act 2006. The Council Members acknowledge their responsibilitEs fer comptying with the requirements of the Act with respect lo accounting records and the pfeparalion r)f firiancial statemenli. Th¢ Gompany'8 fin8nrio1 statements have been prePad in accordan Wilh Ihè provisions applicable to companies subject to the small companies regime. These fi'nancial statements were approved and ai,Ihorised for issue by the Council Members on 7 October 2025 and are signed on ils behalf by.. J M Sisson Chaimian The notes sel out on pages 810 12 fomi part of these financial statements
The Norfolk Archaeological Trust Notes to the flnancial statements Year ended 31 March 2025 i statutory informatlon The Norfolk ArchaeologKal Trust is a private charitable company, limited ty guarantee, domicid in England and Vvales, registration numbei 191688. The registered office is Castle Chambers, Opie Sireel, N0Ch, NR1 3DP. 2 Compliance with accounting standard$ The financial ststemenls have been prepared in accordance wrth the Slalement of Recommended Pra1.. Accounting and Reporting by Chanlies preparing their accounts in accordanee wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 leffective 1 January 20191 the Financial Reporting Stsndard applicab in the United Kingdom and Republic of Ireland {FRS 10218nd the Companies Act 2006. The Norfolk Archaeological Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otheise stated in the relevant accounting policy. 3 Accountlng pollci•8 The principal accounting policie5 adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous financial year, and also have been consislenlly applied within the same accounts. The financial statements have been prepared under the histoncal cost convenlion. The presenlalM)n currenw is £ sterling. (a) Golng concem The Council Members have considered the financial position of the charity and have conduded that they have a reasonable expectation that the charity will have adequate resources lo continue in operational existence for the foreseeable future, being al least tsvelve months from the date of signing Ihesa financial slalemenls. They therefore continue to adopt the going concern basi5 of accounting in preparing these financial slalements. Ibl Fund accounting General funds a unresliicled funds which are available for use at the discretion of the Council Members in furtherance of the general objectives ol the Tnjsl and which have not been designated for other purp¢)ses. Restricted funds are funds which can only be used for particular restricted purposes within the objectives of the Trust. Reslriclions arise when SFecrfied by the donor or when funds are raised for particular restricted purposes. Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. {c) In¢ome Gr8nl$. including those r¢lating to the acquisition of freehold propety, are re¢ogni8ed in the ¥lalement of financial activities ISOFAI in the period in whiGh the conditions for receipt have been met. Grants reeaived lo finance activities In fulure accounting periods are included within deferd income and recognised in the pefiod in which Ih05e activities are undertaken. All income is recognised once thé Trust has entitlement to thè income. it is probable that the income wll be fetsived and the amount of income receivable can be measured reliably. Rents e*1vable are recognised in the SOFA in th& rIOd in which they fall due. Life subscriptions are recognised in the SOFA in the period in which they are ieceivable. Donations and legacies receivable are recognised in the SOFA in the period in which they are received. Donated services and facilities are included at the value lo the Trust where this can be quanlifjed. Invéstment income is included when receivable. {d) Expgnditure Expendilure is recognised on an accrua18 b8Si8. Expenditure includes any Value Added Tax whh cannot tE lully recovered, and 15 reported as part of the expendiiure to whieh it relates.. Chaiitable expenditure comprises those costs incurred by the Trust in the delivery of 118 activitse$. 11 include5 both costs that can be allocated directly lo such aclivrties and those costs of an indirect nature neSSary to support them. Other costs include those costs associated with meeting the conskn'tutional and statutory requirements of the Trust and include the examinevs fees and costs linked lo the strategic management of the Trust.
The Norfolk Archaeological Trust Notes to the financial statements Icontinued) Year ended 31 March 2025 3 Accountlng pollclos {contlnuod} le) Financial in8trument transactions The company only enters into basic financial instrument transactions Ihat result in the recognilion of financial assets and liabilities like trade and other debtors and creditors. lfj Herltage assets Heritage assets are eapitalised as tangible fixed assets. Subsequent maintenance and renewal expenditure is charged lo Ihe slalemenl of financial adivities in the period in which il is incurred In the opinion of the Council Members, the residual value of freehold properties Is, and will Continue to be for the foreseeable future, at least equal to the amount al whiGh they are included in the financial slalemenls and therefore any depwialion charge would be immaterial. Accordingly, no provision for depreciation on freehold properties is included in the financial stalemenls. Ig) Other tangible fixed a66et6 Other tangible fixed assets are stated at cost less deplatIon and any provision for impaiment. Assets are ful depreciated in the year of wuisf(ion. {h) Llstod Investments Realised and unrealised gains and losses on investment assets are in¢luded in the financial statements. Realised gains are based on the difference beeen the oper, market value of the investment al the beginning of the year or cost of purchase in the current year and sale proceeds. The inveslmanl assets are revalued al the end of each financi81 yeaf. Any increase Of decrease in valuation Compar with the valuation at the beginning of the year or cost of purchase in the current year is includeL in the financial statements as an unre81ised gain or loss. 4 Expgndituro 2025 Total 2024 Total Restricted Unrestricted Restricted Unrestricted Charitab19 activities Propety expenses Maintenance reserves Insurance Project costs Marketing and events Salaries and pension Accountancy Subscriptions offi costs Meeting expenses 800 30,950 31.750 742 40.200 113,7001 13,888 1,125 421 40,436 4.856 727 4.324 40,942 113,7001 13,888 164,275 421 40,436 4,856 727 4.972 584 257.401 14,087 14.087 77.065 1,309 40,002 5.099 934 4.774 743 175,763 77,065 163,150 1,309 32.174 5,n99 934 4,774 743 90,070 7,828 648 85,693 164,540 92.861 Other Exarnirierfs fee 1,530 91,600 1.530 177.293 1.710 94.571 1,710 259,111 85,693 164,540 Maintenance reserves no longer requi5.ed have been written off S Salaries and pension 2025 2024 Gross salaries1£3,769 included in project costs) Pension contributions 43.124 647 43,771 39.745 691 40.436 The average numbeT of staff employed was 312024..21
The Norfolk Archaeologlcal Trust 10 Note5 to the financial 5tatemgnls (continued) Year ended 31 March 2025 6 Trnnsacilons wlth Councll Memb•rs There have been no trans8dions wth Council Members or other rdaled parties durin9 the year P024.. NI} 7 Grants and other payments receivable UnrestTicted Restricted 2025 Unrestricted Restricted 2024 Revenue grants DEFRAIRur81 Payments Agency". Agri-environmènt seth6mès Basi¢ farm paymtrnl $¢homg Flood grant English Heritage National GrK* Middleton Parish Council Great Yarmouin Borough Councl Capital grants Heritage Lottery Fund South Norfolk Distr1 Council 22,950 12,935 22.950 12.935 8,125 6,600 1,250 300 1,000 22,879 16,770 22,879 16.770 8,125 6,825 6.825 1,250 300 1,000 300 1,CK)O 1.0 47,977 7.828 63.930 47,977 7,828 108,965 70,510 121,728 1W2,238 70,510 121,728 240,012 45.035 47,774 8 Tangible assets Freehold land Freehold buldings Horits9• o$$¢ts Tot•1 C051 At 1 April 2024 and 31 M¥t¢h 2025 1.005,553 16,651 1,022.204 I the Trusfs properties are hekl for their archaeological or historical irnporiance aThJ their contlnulng retention a fvrtherance of the Trust's objecives. They are all UTrUe and fomi part ol the heritag8 ol the nab'on. There have been no acquisltions or di5posa15 in the last 5 years. Thg Trust manage thè fomowng herrtage properties.. Cost 31 March Grants 2025 receNab Net cost at 31 March 2025 Income Insuran recehiable retharged Propety expenses Pykerells House Buinliani Nortoii Friary Binham Priory Caistor Roman Town Iron Age Fort at Tasburgh Roman Fort at Burgh C83Ue St 8eTret's Abbey, Homing Iron Age Fort. South Creake Fiddle¢s Hill Middleton Mount 16.826 2.800 26,403 529,812 42,191 224,240 72.739 102,673 16.826 9,428 227 25 28,222 1,035 21,988 3,659 925 11,474 251 612 20 3,138 12.8(M)I (22.9201 1471,9441 136,3001 1200,2001 128.5001 187.4831 3.483 57,868 5,891 24,040 44,239 15,190 19,685 3,8C 1.684 676 1,878 31,750 4,520 1,022,204 3.820 1853.9671 700 188,237 300 65,809 11,474 The gerra1 public have acce55 to all the herita9e properties listed above. Further information is given in the Rewt of th• Council Members.
the Norfolk Archaeological Trust 11 Notes to the financial Ststements (continued Year ended 31 March 2025 9 Listod investments Income Accumulation units units Total Market value at 1 April 2024 Additions Revaluats'on Market value as al 31 March 2025 348,410 348,410 s,000 17.445 335,965 s,000 99 4.901 17.346 331,064 Cost as at 31 March 2025 327,234 5,000 332,234 At 31 March 2025, all investments are held in COIF Charities Investment Fund 10 Dobtors 2025 2024 Projects Other debtors 7.828 3.753 11,581 73,418 1,330 74,748 11 Credltors: amounts falling due within one year 2025 2024 Projects Other creditors Accruals 40,023 5,754 3,534 49.311 3.563 12.481 12 Analysis of net assets Unrestrided fund Restricted fund Total 2025 Heritage propety Listeé investments Cash at bank Nel debtorsllcredrtors) 1.022,204 348,410 67,023 8,708 1,428,929 1.022.204 335,965 71,021 3,998 11,826 1A28,310 Unrestricted fund Restricted fuThJ Tal 2024 Heritage propety Listed investments Cash al bank Nel deblorsllcredilorsl 1,022,204 348,410 56.433 7,958 1,419,089 1,1)22,204 348,410 11061 $6,327 33,395 25,437 33,289 1,452,378
. The Norfolk Archaeological Trust 12 Notss to the financial statements (continued) Year ended 31 March 2025 13 Movements In funds At 1 April 2024 Inv8stment At 31 March Losses 2025 Income Expenditure Restri¢led funds NAT 100 project Signage and equipment Caistor Roman Town. Car park Fun day Flood grant Sl Benels Abbey.. Friends of Si Benets Abbey River bank repairs 47,977 47,977 913 913 29,088 1,182 7,828 36,916 1,182 7.725 8,125 400 2,006 100 33,289 2,006 300 64,230 400 85,693 11,826 Unr•strlcted funds General fund 1,419.089 106,440 91.600 117.4451 1,416,484 Fund$ at 31 March 2025 1,452.378 170,670 177,293 117,4451 1.428,310 Al 1 April 2023 Investmenl At 31 March Gains 2024 Income Expendrture Rg$tricted fund6 NAT 100 project snage and equipment Caislor Roman Town". Car park Fun day Sl Benets Abbey.. Friends of St Benets Abbey River bank repairs 70.510 70,510 742 1,655 913 121,728 92,640 29,088 1,182 1.182 2.654 648 2,006 100 33,289 100 192,338 5.491 164,540 Unrestrtcled funds General fund 1.392,822 90,848 94,571 29,990 1,419,089 Funds al 31 Mah 2024 1,398,313 283,186 259,111 29,990 1,462,378 NAT 100 project In 2023124 we were successful in obtaining a grant from the Heritage Lottery Fund to help lebrate the 1 Ooth anniversary of NAT in partnership with the Norfolk Record Office. This w8s concluded in 2024125. Signage and equlpmgnt Generous donations from Arnold Clark, Persimmon 8uilders and Blakemore5 have been given to provide funds for signage and volunteer equipment. Calslor Roman Town projects Carpark.. In partnership with South Norfolk and Broadland District Council we were successful in securing funding lo extend the ear park. The project was completed in June 2024. Fun day.. South Norfolk and Broadland DIstrt Council has provided funds for activ'ty days at the site. £1, 182 remains available for fJture events. Flood grant.. Grant aid was gwen by The Rural Payments Agency to assist with the $t0[atIon of flooded land. st Benets Abbey projects The cash balance of £2.654 was gifted lo the Trust following the cessation of the Friends of St Benets Abbey charity and is lo be used to lundlpart fund projects relating to the site.