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|**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|





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





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|||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||**funds**|**funds**||funds|funds||
|||**2020**|**2020**|**2020**|2019|2019|2019|
||**Notes**|<br>**£**|**£**|£|£|£|£|
|**Incomefrom:**||||||||
|Donationsandlegacies|<br>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|<br>256,628|2,170|258.798|





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|||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|
|Thefinancial**statementswere**approvedbytheTrusteeson|||v>|||
|_.1,_||||||
|MsDMGriffiths||DrEWilkes||||
|**Trustee**||**Trustee**||||





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





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||**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|



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



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||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||2020|2019|
||**£**|**£**|
|Fundraislnaandpublicity|||
|Otherfundraisingcosts|237|716|
||237|716|





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||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|
|**Analysis**byfund|||||
|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|





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||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|Net**gains/(losses)**oninvestments|||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2020|2019|
|||£|£|
||Revaluationofinvestments|16,320|23,275|



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||||**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|





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|||||**Movement**||
|---|---|---|---|---|---|
|||||**Infunds**||
||**Balance**at|**Resource***|Balanceat|<br>Incoming|Balanceat|
|1|**January**2013|**expandedl**|January2020|resources**31**December||
||||||2020|
||£|£|**£**|**£**|**£**|
||2,540|(370)|<br>2,170|<br>-|2,170|



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|**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|



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



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