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2020-12-31-accounts

Trustees MrJPAllan
DrDAAllen
MsSjBlaylock
ProfJSClibbens
MsALEversett
MsFMGriffith
MsDMGriffiths
MrJDGriffiths
MrWHorner
Ms€MKing
ProfVMaxfield
MsPManning
DrPNewman
ProfBOttaway
MsHQuinnell
DrJPSalvatore
MrJESmith
MrNMStainer
MsCJMWhitton
DrEWilkes
Charitynumber 278885
Principal address Berkeley House
DixsField
Exeter
Devon
EX11PZ
Independentexaminer SimpkinsEdwardsLLP
MichaelHouse
CastleStreet
Exeter
Devon
EX43LQ
Bankers Barclay'sBank
39-40FleetStreet
Torquay
TQ2SDL
LloydsBank
ExeterBranch
234HighStreet
Exeter
Devon
EX43NL

Page
Trustees'report 1-13
Independentexaminer'sreport 14
Statementoffinancialactivities 15
Balancesheet 16
Notestothefinancialstatements 17-24

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2020 2020 2020 2019 2019 2019
Notes
£
£ £ £ £ £
Incomefrom:
Donationsandlegacies
3
16,650 16,650 19,949 19,949
Charitableactivities 4 30,405 30,405 25,113 25,113
Investments 5 5,319 5,319 5,153 5,153
Totalincome 52,374 52,374 50,215 50,215
Expenditureon;
Raisingfunds 8 237 237 716 716
Charitableactivities 7 36,226 36,226 43,285 370 43,655
Other 8 4,551 4,551 4,683 4,683
Totalresources
expended 41,014 41,014 48,684 370 49,054
Netgains/(Iosses)on
investments 16,320 16,320 23,275 23,275
Netmovementinfunds 27,680 27,680 24,806 (370) 24,436
Fundbalancesat1
January2020 256,628 2,170 258,798 231,822 2,540 234,362
Fundbalancesat31
December2020 284.308 2,170 286,478
256,628
2,170 258.798

202® 2019
Notes
Fixedassets
Investments 12 155,834 139,314
Currentassets
Debtors 13 11,098 11,510
Cashatbankandinhand 148,558 135,108
157,858 148,818
Creditors;amountsfallingdyewithin
oneyear 14 (28,109) (25,431)
Netcurrentassets 131,547 121,187
Totalassetslesscurrentliabilities 287,181 260,501
Creditors;amountsfallingdueafter
morethanoneyear 15 (703) (1,703)
Netassets 288,478 258.798
Incomefunds
Restrictedfunds 16 2,170 2,170
Unrestrictedfunds 284,308 256,628
288,478 258.798
ThefinancialstatementswereapprovedbytheTrusteeson v>
.1,
MsDMGriffiths DrEWilkes
Trustee Trustee

Unrestricted Total
funds
2020 2019
£ £
Donationsandgifts 781 1,762
Subscriptions 15,889 15,794
GiftAid - 2,393
16,850 19,949

Charitable Charitable
Income Income
2020 2019
£ £
Lecturecourses 7,418 10,124
Publishingaridothergrants 20,684 4,628
Monograph - 8,814
Symposiaandconferences 780 1,512
Copyrightfees 851 863
Fieldtrips 495 325
Satesofpublications 177 342
Hillfortinvestigation - 505
30,405 25,113

Unrestricted Unrestricted
funds funds
2020 2019
£ £
Incomefromlistedinvestments 4,392 4,278
Interestreceivable 927 875
5,319 5,153

Unrestricted Unrestricted
funds funds
2020 2019
£ £
Fundraislnaandpublicity
Otherfundraisingcosts 237 716
237 716

Charitable Support Total Total
Expenditure costs 2020 2019
2020 2020
£ £ £ £
Lecturecourses 5,142 5,427 10,589 12,827
Proceedings 14,120 882 14,802 10,470
Monographs 585 . 585 7,845
Newsletter 2,976 - 2,978 2,798
Symposiaandconferences 143 203 348 1,129
Eveninglecturesandseminars 874 2,130 2,804 4,082
Grantsmade . - (375)
Fieldmeetings 495 110 805 831
Hillfortinvestigationandboards . . . 589
Supportofarchaeologicalprojects - 1,542 1,542 1,783
Library 89 1,134 1,203 1,573
90thanniversary - - . 280
Devongraffitiproject 54 54 283
Charitableexpenditureheading14 760 - 780 -
24,998 11,228 36,228 43,855
24,998 11,228 38,226 43,855
Analysisbyfund
Unrestrictedfunds 24,998 11,228 36,228 43,285
Restrictedfunds - - - 370
Fortheyearended31December2019
Unrestrictedfunds 30,109 13,178 43,285
Restrictedfunds 370 - 370
30,479 13,178 43,655

Unrestricted Total
funds
2020 2019
£
AnnualGeneralMeeting 399 97
IndependentExamination 863 864
Subscriptionsto otherorganisations 180 174
Secretary'sexpenses 237 44
Supportcosts 2.872 3,504
4,551 4,683
9 Netgains/(losses)oninvestments
Unrestricted Unrestricted
funds funds
2020 2019
£ £
Revaluationofinvestments 16,320 23,275

Listed
investments
£
Costorvaluation
At1January2020 139,314
Unrealisedgains/flosses) 16,320
At31December2020 155,634
Carryingamount
At31December2020 155,834
At31December2019 139,314
13 Debtors
2020 2019
Amountsfallingduewithinoneyear: £ £
Tradedebtors - 2,620
Otherdebtors 8,883 6,483
Prepaymentsandaccruedincome 2,445 2,407
11,098 11,510
14 Creditors:amountsfallingduewithin oneyear
2020 2019
£ £
Accrualsanddeferredincome 28,109 25,431
15 Creditors;amountsfallingdueaftermorethan oneyear
2020 2019
£ £
Accrualsanddeferredincome 703 1,703

Movement
Infunds
Balanceat Resource* Balanceat
Incoming
Balanceat
1 January2013 expandedl January2020 resources31December
2020
£ £ £ £ £
2,540 (370)
2,170

-
2,170

Analysisofnetassetsbetweenfunds
Unrestricted Restricted Total Total
2020 2020 2020 2019
£ £ £ £
Fundbalancesat31December2020are
representedby:
Investments 155,634 155,634 139,314
Currentassets/(liabilities) 129,377 2,170 131,547 121,187
Longtermliabilities (703) (703) (1,703)
284,308 2,170 286,478 258,798

2020 2019
£ £
Withinoneyear 5,625 5,625
Betweentwoandfiveyears 24.375 30,000
30,000 35,625