2023-03-31-accounts

REGJSTERED COMPANY NUMBER: 01578133 (England and Wales) REGISTERED CHARrrY NUMBER: 283354 Report of tILe Trustees aDd Finaneial Statements for the Year Ended 31st March 2023 for COLCHESTER ARCHAEOLOGICAL TRUST LIMITED AttenborOu￿S (Accountants) Limited Statiitory Auditor l Tower House Tower Centre Hoddcsdon Hertfordshire ENII SUR

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Contents of the Financial Statement5 for the )'ear eThded 31st March 2023 Pagc Report of the Trustees Report of the Indepe￿dent Auditors 8 to 10 Statement of Finan¢iAI Activities Balance Shcet 12 Cash Flow Statement 13 Notes to the Cash Flow Statement 14 Notes to the Flnanclal Statements 15 to 26

COLCHESTER ARCHAEOLOGICAL TRUST LJMITED (REGISTERED NUMBER: 01578133) Report of the Trustees for the )'ear eThded 31st March 2023 The t￿stee$ who are also directors of the charity for the purposes ofthe Companies Act 2006, pre8eni their report with the linancial statements of the charity for the yeai ended 31 st MaiLh 2023. The trustees have adopted the provisions of Accountin¥F and Repurting by Charities.. Statement of Recommended Practice applicable to chai"ities preparinb their aceounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJLCTIVES AND ACTIVITIES Objeetivcs and aims The objectives of the T￿￿t are to advance tlie edllcation of the public in the science of archaeology and to promote the appropriatc prcs¢rvation, ￿Cording, cxcavation and int¢rprctation of archacological sit¢S and historic buildings in Colchester and the neighbouring districts. To achicvc thc%c cnd% the T￿￿t ha% thc powcr to eonduct archacological cxcavation% and %urvcys, carry out appropriatc research, publish ihe resulis and mount exhibirions. The Trust is obliged to ensure the safe-keeping of all its finds and records dnd to atransFe tui theii eventual deposition in ￿pprOprIate publiL institution. Powers to achieve these ends include.. a) the ability to acquire, Inortgage. rent or sell real or personal estate- b} the ability to coiistruct, ￿￿1n[aln or alter houses or other buildings- c) to acccpt gifi% of propcrty; d} the abilitv lo raise money by appeals or subscriptions or by accepting donaiions providing thar the Trust does not undertake peTmanent trdding activities in raisin¥ funds fur the objectives uf the Tiust. Ensuring our work deli￿erS our aims We review our aiins, objectives and activities each year. The review look5 at what we have achi¢￿'£d and the progress of our work in the previous 12 months.The review also helps lis to ensiire ollr aim, objectives and activities Ten)ain focused on our stated purpose. We have referred to the guidance contained in the Charity Coinmission's general guidance on public benefit when reviewing our ain) and objectives and in planning our luture aciivitieb. Public benefit The Trust Pi"OTllOtes archaeology through lectuies and open days on sites, these and othei charitable activities are undertaken to further our charitable purposes for the public benefit. Volunteers Volunteers continue to play a C￿claI role in the deN'elopment of the centre aiid in the work of the Trust. About 30 volunteers came to offer help on a regular basis throughout the year on a range of projects and tssks including interacting with ￿ls](Or8 to the centre, gardening. helping process archaeological finds from recent excavations. or helping 10 make our giant l..400 scale model of the Roman t0Th￿. Trll5tee wolunteer Neil Staff aided by Richard Todd aiid other volunteer5 continucd to undcrtakc much nccdcd maintcnanec and impravcmcnt M'nrk in and around thc vi%itor ccntrc and thc TrLL￿[ otfices above. Page I

COLCHESTER ARCHAEOLOGICAL TRUST LJMITED (REGISTERED NUMBER: 01578133) Report of the Trustees for the )'ear eThded 31st March 2023 ACHIEVEMENT AND PERFORMANCE STRATEGIC REPORT Achievement and p¢rforman¢e Last year'5 illLTea5ed perfonnanLe was maintained. Total income this year wa5 £1,467.53812022.. £1,317.4011 of which £1,448,699 (2022.. £1.292,633) related to fieldwork contract%. The archaeological ￿'0[k programme both terin% of rieldwork and report preparation was not significantly impacted by the Covid pandemic although fortunately we were in receipt ol'colchester Borough Council Business Re-start byant which significantly lielped the Visitor Centre. As in rcccnt prcvious annual r¢ports, w¢ prcs¢nt b¢low a mcasurc of p¢rformanc¢ bascd on thc compl¢tion dat¢s of th¢ project reports since these provide a clearer indication of perfonnance aiid achieven)ei)t than project starting dates. The coinpleted reports conbibt ￿￿1n[Y of dCCOUlltb ot. invebtl¥Filtions on development sites, olesktop ilbSebSllleTltb of archacological 8itcs, archaeological cxcavations, and historic building %urvcys. Thcsc rcport% wcrc uploadcd on to thc CA Tluniversity of Essex domain Ihttp'.Ilcat.essex.ac.ukl and thereby, with the exception of the desktop assessments, n￿de iivailable foT free unrtStricted public download. Based on the repllrts finished in the year, the following table reveals the now familiar geographical spread of projects in which we can see a fairly even split between Colchesier and the rest of Essex lie. 55..451 with limited penetration into the sU￿ou￿di￿g countie5. Year Colchester Elsewhere in Essex Sutyolk Hertfordshire Cainbridge Totals 2022-23 73 73 2021-22 79 63 2020-21 77 63 2018-20 112 54 2018-19 61 76 152 151 153 172 156 The number of quotations accepted in the financial year 2022-23 for ￿tUre new projects (as opposed to further work on cxisting onc%) 1% annthcr gnnd, albcit indirccL indicati)r of thc TnLSt'% pcrfnrmancc during that pcriod. Thc number of jobs for ivhich quotations wete given during this time was 2181152) of which 70% were succebstul. The total *alue of the latter group is more than double that uf the pievious year altliough this 15 likely to be a laige spike because a few of these projects are exceptiorwlly large and are likely to extend into 2023-2024. The breakdomryj In tenns of project type for 2022-23 as compared with previous years.. Year Desktop assessTnent Building rccording waiching briefs Excdl'Litiun Evaluations Geophysical qurveys Heritage impact stalemenls Totals 2022-23 15 2021-22 12 202￿21 12 2019-20 2018-19 64 57 22 45 53 13 55 72 56 22 58 36 152 151 153 172 156 Fieldwork The first half of the year 2022-23 waq very busy indeed, ￿'1th numeftius additions being made to the fieldwork te31n to cope with the demand, primarily resulting from the simultaneous undenaking of three large excavations.. the Essex County Huspital in Colchester, TuTpin's Farm in Friiitun and Finwnghoe WiLk. The excal,￿tionS in the southeTn area of the County Hospital Complex uncovered a significant number of Roinan inhumation burials with relatively well-preserved skeletal remains as well as two horse burials. Highlights from the projects at Frinton and Fingringhoe included a large Iron Age ring-diich. Roman burial and an Anglo-saxon building (Frinion) and ihe remains of four red hills and a Roman watcli tower or artillery placeinent. Page 2

COLCHESTER ARCHAEOLOGICAL TRUST LJMITED (REGISTERED NUMBER: 01578133) Report of the Trustees for the )'ear eThded 31st March 2023 Once the crop8 had come off the fields in the late summer, CAT monitored substantial topsoi118ubsoil strips for quarry expansitsns at Biich and Little Waltham, as well as undtrtaking a 59-trei)Lh evaluation ii) Tiptree. The evaluation in Tiptree re￿.£a]ed very little, but at Biich we identified a Ruinan enclosure with associated buiials, and in Little Waltham the remains of an Iron Age roundhouse and prehistoric pits and ditches. The ￿￿ter and SPrillSF month5 were comparatively quiet. We undertook an interestinbT excavation at Great HallinbTbury (near Stansted Airport) which uncovered the well-preserved reinains of two 16th-century kilns, one for the production of lime and one for peg-tiles. The only other project of any size or note during this period were the excavations in advance of the redevelopment of the fomer bus depot site on Queen Street. This projeci provided an opportunity to examine an area of land inimediately inside ColchesteT'S towi wall and revealed the remains of an east-m'est orientated Roman street, timbcr-lincd mcdicval pits and a stonc-lincd wcll and thc rcmainq nf thc Thcatrc Royal which burncd down in 1918. Of PdrticuldT note in 2022-23 wa5 CAT'S hustinu ot. Successful public open dayb on bvth the Essex County Hvspitsl site and at the former ￿leell Street bu8 depot. The%e open days allowed c 750 and 900 members of the public {re8pectivelyl to visit the excavations, see our team working. look at displays of finds and listen to detailed explanations of what had been found. In addition, numerous local ¥tyoups, politicians and councillors were also given site tours helping to raise the profile of CAT and tlie arcl)aeology in Colchester in general Exhlbltlon: Brlt#ln's earllest town wall Colchester'8 town wall was the ?rst in Britain. This year a mobile exhibition was mounted by CAT bringing together the latest thinking and ilibcuveiies abuut tl)e wall. Filst Sttsp ivas the Minviies. From there it was taken to St John's Green School where it stayed for about two Tnonths. Now it's up in the CirLu5 Centre. The Lomments from teachers and parents were glowing. (They Can be read on a wall next to the exhibition.) When it was being tsken down in St John's School, three teaLherb i¥alked through the hall one al a time and on their own. Unprompted each of them said moreorless the saint tliinb, 'The childreii loved it. The exhibition consists of an octagonal Pligoda-style centrepiece and four very large cloth 'hop- up" panels" each with lots of inf0M￿tIOft and images about the history of the wall, how it was Lonblrncted, and how it ended up as it is today. The pogoda is essentially a photographic gallery M'ith as a centTe piece a large overhead photo of the tom￿ centre ?facc-up horizontally at wai8t Icvcl. The routc of thc wall 1% markcd on thc photo arc thc location8 of thc gatC8, look-out ttswers. anLI Lulvertb. Just above head l)eight. a ring of oblique high-level photographb taken by a drone makeb It possible fvr visitvr5 tv 'walk the wall, by loll01￿￿¥ its loLation on the bi¥ ￿'ertiL￿1 photo whi15t lookiiig up as they go to see what the face of each section now looks like from the air. Soikne visitors asked if there was going to be a printed version of the exhibition. With this in inind, I started to refonnat the content on the four screens. It's quick and easy to do. Tlie result could be made available as a free dowiload on our new website or even printed and sold. Should end up aL)oui 24 A4 pages long. Roma￿ Cireus Vi51tor Centre The Centre has been open all year otTering independent visits and guided tours, welcoming over 2.500 adult visitors. some with accompanying children. A5SlSting our two in-house qualified Colche5ter Tour Guides, seven Colchester TOUT Guide% A88ociatiot] n)ember8 volut]teered to conduct guided tours on SaluTday% and %pecial event days, including during the naiional 'Heritage Open Day, scheme and Festival of Archaeology. The C.entre is supported by a dediLated group of volunteers." eight gardeneis, two 'gap-year' students, two Sixth Fomi students, and seven in the Visitoi. Centre. Four talk8 abi)ut thc circus wcrc givcn tn local community group% as part af our Outreach prngrammc. As well as hostii)g cominunity group Ineetings, the Centre arranged illustrated talks for the public. Richard Bale (researcher in Ancient Roinan history and public speaker) presented his 'Roman Life, series of discourses, as ￿'ell as new talks such as'Hadrian in Britain AD 122.. CAT was instrumeiital in the founding of the annual Colchester Roman Festival, a large-scale event held in Lower Castle ParL Colchesier. Showcabinb the Tiubt'5 repliLd Ronian raLingF ch[￿l0t. the staff and volunleeis the I'isitur Centre sw)ke to hundreds of visitors over two days about the ¢ir¢us, signposting them to the Visitor Centre. Page 3

COLCHESTER ARCHAEOLOGICAL TRUST LJMITED (REGISTERED NUMBER: 01578133) Report of the Trustees for the )'ear eThded 31st March 2023 As hom¢ of th¢ Colch¢st¢r Roman Soci¢ty, we host¢d a cel¢bration for their 35th anniv¢rsary day welcoming over 300 visitor%. Our Latin Studv Day was a iesounding success. Fifteen'matuie students, enjoyed the event deliveied by the Latii) expert and tutui George Sharply of The Latin Quartei. Following the (ovid 19 lockdowns and precautions, schools and groups are becoming more Confident to travel and are visiting again.. six pr11n￿ school visits two Latin Clubs three special educational needs schools nine interestlhobby groups Boaking% by schonls and groups arc alrcady bcing madc fnr ncxt ycar. The cale was in elYeLt Iranchised out on an experimental basis from October 2020 to reduce CAT staff costs. However. the cale could only open intetmittently becaube of subbequent lockdow￿￿. The yeur 2021-22 pi.vved to be inure succe%8ful and a weekly charge of £50 per week w&$ introdiiced in June 2022 toward% electricity and other ￿n￿Illg costs. Our band of brilliant modellers continued throughout the year to work hard on our large-scale model ot the Roman town. It is hoped that this task will finish around the spring 01.2024. FIN￿NCIAL REVIEW Fin#ncial position Thc charity has gcncral rcscrvcs af £1,278,602 at thc cnd of thc ycar, which arc suffjcicnt to covcr l ycar and 2 month. management and administrative expenses and other CLISIS. Principal funding sources The principal funding sources are fees for archaeological worL donations, gifts and reserves. Reserves polic!, The Council of Manageinent has resolved to establish reserves to provide for future activities. Designated contingency fund5 ale n￿int￿lI)ed to coN'ei future costs. Going eoncern The Council of Manageinent Is satisfied that the Trust's assets in each are available and adequate to fulfil its obligations in respect of each fund. The charity has adequate reserves to continue as a ¥oingF concern for the forseeable future. FUTURE PLANS The charity Plan￿ Continuinb the activities outlined above in the fortlicoming years subject to satisfactory fundinb arrang¢m¢nts. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing do¢umenl The Lharity is Lonirolled by its goveming documenL a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companie5 Act 2006. Recruitment and appointment of new trustees Meinbers are elected or re-elected by rotation at the Annual General Meeting. Tliere are no restrictions on the number of terms of office a member Can serve but the Trust's constitytion does specify a maximum number of members. New trusiees are selected because of their expertise and competencies that they are able to offer; no specific training is required. Page 4

COLCHESTER ARCHAEOLOGICAL TRUST LJMITED (REGISTERED NUMBER: 01578133) Report of the Trustees for the )'ear eThded 31st March 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT OrE#nlsatlonal structure The Council of ManauFement meets. regularly throubFhout the yedr to discuss and plan objectives and the iTnpleineiitation thereof. Matters of general ¢on¢ern are raised with all members. A ¢ommittee of members with voting rights meets separately to discuss financial marters. The Council of Management consist% of the Tru%tees and a n￿llber of members appointed by other bodie%, soine of whom are entitled to vote while others are non-voting members. All members are welcomed to contribute to the discussions. Thc day to day managcni¢nt of thc Charity is dclcgat¢d by th¢ trustc¢s to thc Chi¢f ArchacologisL or su¢h othcr p¢rson as the c.ouncil shall appoint. Wider network The Essex Society for Archaeology and History. The Royal Archaeological Institute. Related parties Transactions which involved Trustees or any related parties are disclosed in the notes to the fitMn¢ial statements. No trustees or other related persons received any payment of any sort for any reason from the Trllst during the year. Rlsk management The Council of ManageTnent identifies the inajor risk5 to which the Trust is exposed each financial year Th'hen pi'eparing and updating its strategic plans. The members review any major risk8 which have been identified and establish systems io mitigate those risks. The Trustees are saiisfied ihai systems are in place 10 mitigate their exposure io the nujL)r risks that have been so identified and reviewed. The Trust is open to the usual financial risks of any organisation and the Trust has introduced controls to minimise those risks. Ln addilion manageinent accounts are regularly produced and explained to the Council of Management and are open for membcr inspection at any time. REFE4 RENCE AND ADMJNJSTRATIVE DETAILS Registered c.ompany number 01578133 {England and Wales} Registered Charity number 283354 Registered office Roman Circus House Roinan Circus Walk Colchestcr Essex C02 7GZ Page S

COLCHESTER ARCHAEOLOGICAL TRUST LJMITED (REGISTERED NUMBER: 01578133) Report of the Trustees for the )'ear eThded 31st March 2023 Trustees N P Wickenden Chairman E A Bourton CJ A P Chadwick A F Clark N CvLhrane G M R Davie% (resigned 11412023) S C Lansley J C. Pearsall A B Pliillips Ncstaff D J Goodman J Mallinbon C Farndell (resigned 2617120231 B Lawance N Cope L C Greet] (appointed 251112023} P A Knappett (appointed 261412023) Companv Secretary W J Mallinson Auditors Attenboroughs (Accountants) Limiied Statutory Auditor l Tow'er House Tower Centre Hoddesdon Hertfordsl)ire ENII 8UR Bankers The Co-opei'ative Bank p.l.c P.0. Box 250 Skelmersdale WN8 6WT STATEMENT OF TRUSTEES, RESPONSIBILITIES The trLiStees (who aTe also the directors of Colchester Archaeological Tn]st Limited for the purposes of company law) are rc%ponsiblc for prcparing thc Rcpnrt of thc Trustccs and thc fjnancial statcmcnts in accordance with applicablc law and United Kingdom Accounting Standards (United Kingdom Geiiernlly Accepted Accounting Practice). Company law require8 the trn%tee% to prepare firknqncial statements for each flnancial year which give a true and fair view of the state of affairs of the Charitable company and of the incoming resources and application of resources, including the income and expendilure, of the cl)aiitable coinpany lor that peiiod. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply ihem consistently; observe the method5 and principles in the Charity SORP.. make judgements and e%timate8 that are reasonable and prndent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable cOmpL￿Y will continue in busine5S. Page 6

COLCHESTER ARCHAEOLOGICAL TRUST LJMITED (REGISTERED NUMBER: 01578133) Report of the Trustees for the )'ear eThded 31st March 2023 STATEMENT OF TRUSTEES, RESPONSIBILITIES- continued The trngiees are responsible for keeping proper accounting records ivhich disclose with reasonable accuracy at any time the fi￿ncIal p051tion of the charitsble company dnd to eiiable them to ensuTe that the financial stateinents coinply with thc Companics Act 2006. Thcy arc also rc%pon%iblc for safeguarding thc as8ct% of thc charitablc company and hcncc for taking reasonable steps for the prevention and detection of fraud and other irregulariiies. In so far as the trustees are aware.. there is no relevani audit infornmtion ol'wl)ich the ¢I￿ritable conipany's audi￿rS are utllware; and the t￿Ste¢S have taken all steps that they OUbFht to have taken to make then￿elVeS aware of any relevant audit information and to ¢stablish that th¢ auditors ar¢ awarc of that information. AUDITORS Thc aiiditors, Attcnborough% {Accountant%) Limitcd, will bc proposcd for rc-appointmcnt at thc forthcoming Annual General Meeting. Approved by order of the board of trllstees on 2 1st December 2023 and signed on its behalf by. Nickwickenden (Dec 21, 2023 11:55 GMT) N P Wickendtn- Trubtet Page 7

Report of the Independent Audltors to the Members of Colchester Archaeological Trust Limited Opinion We l)ave audited tlie fitL4ncial stateinents of Colchester Archaeological Trust Liniited (the 'charitable company'l for the year ended 31 st March 2023 wliich Co￿prise the Statcment of Financial Activities, the Balance Sheet, the Casli Flow Ststement and notes to the finaneial statements, including a summary of significant ac¢nunting pnlicies. The financial reporting Iramtwork that has been applied ii) their pitpaiation is applicable law and United Kingdom Accounting Stsndards (United KiTISFdom Generally Accepted Accountin¥F Practice}. In our opinion the financial siatements.. Tive a true and fair vie￿. of the state of the charitable company'5 affair5 as at 315t March 2023 and of it5 incominb resources and application of resources, including it5 income and expenditure, for tlie year then ended. hai'e been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with tlie requirements of the Conipanies Act 2006. Basis for opinion We conducted our audit In LicCOTdi￿cc ThTrth International Standarils on Auditing {UK) (ISAs {UKII und applicable lilw. Our responsibilitie5 under those standard5 are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard. and we have fulfilled our otheT etliical responsibilities in accordance ￿'1th these requireinent5. We believe that tlie audit evidet]ce we liave obtained is sufficient and appropriate to prol'ide a basis for our opinion. Conelusions relating to going eoTheern Tn auditing thc financial %iatcincnts, wc havc concludcd that thc trustccs, llsc of thc gaing conccrn basis of accounting in the preparation of the financial staternents is appropriaie. Ba%ed on the work we have perfornied. we have not idelltified any material uncertaintie% relating to event% or condition that, individually or ¢olle¢tively, may cast significant doubt on the charitable company's ability to continue as a going LonLetn for a period ol. at le￿Ist tivelve rnunths frum H,hen tlie fi[￿￿Li￿lI stateinentb are authorised tUT Issue. (hir rcsponsibilitics and thc rcsponsibiliti¢s of thc trnst¢cs with rcsp¢ct to going ¢onc¢m arc dcscrib¢d in th¢ rclcvant sections of this report. Other information The trustees are responsible for the other infom)ation. The other inforniation comprises the infomiation included in the Annual Report, other than the finanLial stateTnent5 and our Report of the Independent Auditorb thereon. Our opinion on the financial statements does not cover the other infornlltion and. except to the extent othenvise explicitly stated in our reporL we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibiliry is to read the other infomiation and, in doing SLI, consider whether the other inforniation is niaterially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially niisstated. If we identify such ￿￿terIal incon5iStencies or apparcnt matcrial mis%tatcmcnt%, wc arc rcquircd to dctcmiinc whcthcr thi% givc% risc to a matcrial mi%statcmcnt in thc financial slaiements theinselves. If, based on the i¥'ork we haie perfornied, we conclude that there is a material isstdteTnent ol'thib vthei infutnvdtiun. we (lie required tu ieport that tLILt. We have nuthin¥ tu ieport in this iegklrd. Opinions on other matters prescribed by the Companies.4ct 1006 In our opiiiion, based on the work undertaken in the coiir5e of tl)e audit.. the information given in the Rcport of the Trn￿te£s for the financial year for ul]ich the financial ststements are prepared is consistent with the financial statements: and the Report of the Trustees has been prepared ii) accordance ivith applicable legal requirements. Page 8

Report of the Independent Audltors to the Members of Colchester Archaeological Trust Limited atters on which M'e are required to report b}. exception In the light of the knowledge and undeTsLqndinS￿ of the charitable company and its. environment obtained in the course of the audit, w¢ hav¢ not id¢ntifi¢d mat¢rial misstat¢m¢nts in th¢ Report of tlie Trust¢¢$. We haN'e nothing to ieport in respect of the following inatteis M'heie the Companies Act 2006 requiies us to report to you if, in our opinion.. adequate aceounting re¢ords have not been kept or returns adequate for our audit have not been received from branches noi visiied by us; or the financial statements are not in abwreement with the accountinbi records and returr15', or certain disclosures of trnstees, remulleration specified by law are not made,. OT we have not received all the inforniation and explanations we require for our audit; or the trusiees were not entiiled to take advantage of the small coinpanies exemption from the requirement io prepare a Strategic Report or in preparing the Report of the T[￿Ste£S. Responsibilities of trustees A5 explained more fully in the Statement of Tn]stees' Responsibilities, the trustees (who are a150 the directors of the charitable company for the purposes of cornpany lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the trnbteeb detemline is necesbary to e[￿ble the preparation of financial stateinenls that are fTee from ￿￿terial misstatement, whether due to fraud or error. In preparing the financial statemen(s, the tntstees are responsible tor assessing the charitable companys ability io contiiiue as a going conteTn, disclosii)g, as applicable, matters related to going LonLem and using tlie going Concen) basis of accounting unlc.%s thc t￿￿tCe% cithcr intcnd to liquidatc thc charitablc company or to cca%c opcration%, ar havc no realistic alternative but to do so. Our reSPODsibilities for the audit of the finaThcial statements Our objectives are 10 obtsin reasonable assurance about whether the financial ststements as a whole are free from ￿￿te[la] misst(Itement, whether due tu fiaud or eTtor, and til Isbue a Report ol'the Independent Auditurs tliat inLludes our opinioii. Reasonable as511rance is a hi¥h level of assurance. but 15 not a bTuaraiitee tliat an audit conducted in accordance with ISAS (UK) will always dctwt 3 Inatcrial misstat¢m¢nt wh¢n it cxists. Misstat¢in¢nts can arisc from fraud or ¢rror and are considered material if. individually or in the aggregate, they could reasonably be expected 10 influence the econoinic decisions of users taken on the basis of these financial Statements. We identified areas of laws and regulations that could reasonably be expected to have a material effect on rhe financial statements. We design proLedures in line with our responsibilities, outlined above, to detect material misstatements in respect of ifTegulaTlties (non-compliance with laws and regulations), including fraud. The extent to which our pn)cedures are capable ofdeiecling irregularilies. including fraud, is detailed below.. Wc havc mad¢ ¢nquiws of manag¢m¢nt around a¢￿al and pot¢ntial litigation ¢laims. The company is subject to laws and regulations that diieLtly affect the financial statements including financial reporting legislation, distributable profit5 legislation, taxation legislation and pension legislation and we assessed the extent of ¢omplian¢e with these laws and regulations as part of our procedures on the related financial statement items. We have reTriewed the financial statement disclosures and testing to support documentation to asses5 cornpliance with applicable law% and regulations. We have considered the risks. of manageinent ovetride of controls, including through testing journal entries and other adjustnients for appropriateness, and evaluating tlie business rationale of significant transactions outside the noi'mal cnur8c nf bu8inc.￿s. A further description of our responsibilities for the audit of the financial ststements is located on the Financial Reporting Council's website at ￿￿w.rr¢.Qrg.UklaUdll0rSresponsIb1[ItIes. This description fonns part of our Report of the Independent Auditors. Page 9

Report of the Independent Audltors to the Members of Colchester Archaeological Trust Limited Use of our report This report is Inade solely to the cl)aritable company's menibers, as a body, in accordance watl) C.ILqPter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's Int￿berS those matters we are required tn qtate tn them in an auditnrs, report and for no other purpn8e. Tn the fullest extent pemiitted by law, Hie do not accept or assume responsibility to anyone other than the charitable compai)y and the chaTitsble company's meinbers a5 a body, for our audit work. for this ieport, ui. for the upinions we have foTmed. Mr David Roger Pattman FCCA (Senior Statutory Auditor) for and on behalf of Aitenboroughs (Accountanisl Liiniled sta￿tOry Auditor l Towcr Hou%c Tower C.entre Huddesdon Hertford%hire ENII SUR 21st December 2023 Page 10

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Statement of Financial A£livitie$ (IncorporatiThgw all IThcome and Expenditure Account) for the year ended 31st Marc h 21123 3113123 Total funds 3113122 Total nds Unrestricted fund Restricted funds Notcs INCOME AND EiYDOWMENTS FROM Donatl0115 and legacies 35 7.284 7.319 16.604 Other trading activities Investment income 1,459.3fv1 856 1.459,364 856 1.300,798 Total 1,460,255 7,284 1,467.539 1.317,402 EXPENDITLRE ON Ruisiiib funds 1,086,603 2.376 1,088.979 870.037 Charitablc activities Manab¥einent and adn]inistrative costs 155,74 155,740 129,070 Total 1,242.343 2,376 1.244,719 999,107 NET tNCOME 217,912 4,908 222,820 318,295 RECONCILIATION OF FUNDS Total fi]nds brought fo￿vard 1.060,690 24,092 1,084,782 766,487 TOTAL FUNDS CARRIED FORWARD 1,278,602 29,000 1,307,602 1,084,782 The notes forni part of these financial statements Pagell

COLCHESTER ARCHAEOLOGICAL TRUST LJMITED (REGISTERED NUMBER: 01578133) Balance Sheet 31st March 2023 3113123 3113122 Note5 FIXED ASSETS Tangible as5et5 12 490,771 480,074 CURRENT ASSETS Stock5 Debtors Cash at bank and in hand 13 14 2.198 788,955 518,803 2.198 788,413 303,424 1.309,956 1,094,035 CREDITORS ATnounts falling due within one year 15 (391,7421 (375,206) NET CURRENT ASSETS 918,214 718,829 TOTAL ASSETS LESS CURRENT LIABILITIES 1.408,985 1,198,903 CREDITORS Amuunts fiillin¥ due aftei Inoie than one yeai 16 (101,3831 NET ASSETS 1,307.602 1,084,782 FUTrIDS Ui)restricted funds Restricted funds 20 1.278,602 29,000 1.060,690 24,092 TOTAL FUNDS 1,307,602 1,084,782 These fi[￿￿Lia1 staiemenls have been PTepared in acLordance wilh the piovisitsns applicable lo chaTithble companieb subject to the small companie5 regiine. The Iinancial statements were approved by the Board of Trustees and authorised lor issue on 21st December 2023 and were signed on its behalf by.. Nick Wickenden IDec 21, 2023 11.'55 GMT) N P Wickenden- Trustee The notes forni part of these financial statements Page 12

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Cash Flow Statement for the )'ear eThded 31st March 2023 3113123 3113122 Not¢s Cash flows from operating aetivities Cash gcncratcd from opcrations Interest paid 258,587 (10,010) 104.376 {5,988) Net cash provided by operating activities 248,577 98,388 Cash flows from inve5tlDg activities Pur¢has¢ of tangiblc fixcd aswts Tnterest received 121,5031 856 117,574) Nct cash uscd in invcsting actiN'itics (20,647) 117,574) Cash flows from financing activities Loan repayments in year 110,7251 {4.066) Nct cash us¢d in fJnan¢ing activitics 110,7251 {4,066) Change in cash and cash equivalents i the reporting period Cash and cash equiv&lent$ at the begqnning uf th¥ reporting periud 217,205 76.748 301.598 224,850 Cash and cash equivalents at the end of the reporting period 518,803 301,598 The notes forni part of these financial statements Page 13

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Noles to th¢ Cash Flow Statement for the )'ear eThded 31st March 2023 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 3113123 3113122 Net income for the reporting period (05 per the Statement of Financial Actlvitlesl Adjustment5 for: DepreLialion charges Interest received Interest paid Increase in debtors Jncrease in creditors 222,820 318.295 10,805 18.fj6) 10,010 (541) 16,349 7,984 5,988 1448,454) 220,563 Net Cash provided by operations 258,587 104,376 ANALYSIS OF CASH AND CASH EQUIVALENTS 3113123 3113122 Cash in hand Notice deposits (less than 3 months) Overdrafts iiicluded in bank loaiis and overdrafts falling due within one y& 520 518,283 520 302,904 (1,8261 Toial cash and cash equivalents 518,803 301,598 ANALYSIS OF CHANGES IN NET FUNDS At 114122 Casl) flow At 3113123 Net cash Cash at bank and in hand Bank overdraft 303,424 {1.8261 215,379 1.826 518.803 301,598 217,205 518.803 Debt Debts falling due within l year Dcbts falling duc aftcr l ycar {5.3771 {2,013) 12,738 {7,390) (101,383) (119,4981 10.725 1108.773) Total 182,100 227,930 410.030 The notes forni part of these financial statements Page 14

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Stat¢ments for the )'ear eThded 31st March 2023 ACCOUNTING POLICIES BatTriS of preparing the fin#Nci#l statement5 The finan¢ial statcments of th¢ ¢haritable Company, which ig a publi¢ benefit entity under FRS 102, have been prepared in accordance with the c.harities SORP {FRS 102)'A¢counting and Reporting by Chariiies.. Statement of Recommended Practice applicable to charitie5 preparing their accouiits in accoTdaiice with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019}', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The tinancial staieinenis have been prepared under tlie historical cost convention. Jneome All income 15 recognised in the Statement of Financial Activities once the charity ha5 entitlement to the fvnds, it is probable that the income will be received and ihe amount ¢an be rneasured reliably. InLome derived Irom the rendering of services is stated after trade discounts and net of VAT. Expenditure Liabilities are recobinised as expenditure as soon as there is a legal or ¢OllStru¢tive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been Classified under headings that aggregate all cost related to ihe category. Where costs cannoi be directly attributed to particular headings they have been allocated to activitie5 on a basi5 consistent ￿Trth the use of rcsourccs. Allocation atld apportionment of costs Tlie following policies are applied to the resources expended by the charity.. c.osts of raising funds- expenditure directly related to tlie receipts of funds. Charitabl¢ activitics - Othcr labour costs not dircctly rclatcd to thc r¢ccipt of fvnds, thc Costs of th¢ Trusts preinises and all other costs. Tangible fixed assets DepreLiation is prowided at the follo￿Ag amiual rates in order to write off eaLh asset tsver its estimated useful Fixiures and fittings Mtstor veliiLles 20°/0 on cost 20 /0 011 Cost Stocks Stocks are valued at the lower of cost and net realisable value, after n]aking due allowance for obsolete and slow moving itc￿L￿. Taxatio The charity exetnpt from corpordtion tax on it% charitable activitieq. Fund aecounting Unrcstrictcd fvnds can be used in accordance with the charitable objectives ai the discreiion of the trusiees. Restricted fund5 can only be used for particular restricted putyose5 11'lthiii the objects of the charity. Restriction5 aTi%C whcn %pccificd by thc donor or whcn funds arc raised for particular rcstrictcd purpose.￿. Further explanation of the nature and pU￿oSe of each fund is included in the notes to the financial statements. Page 15 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 ACCOUNTING POLICIES- continued Pension Costs #Nd other potTrt-retiremeTht beThefits The charitable company operates a d¢fin¢d contribution pension scheme. Contributions payable to the charitable ¢ompanls pension scheme are charged to the Staiement of Finaniial Activiiies in ihe period to which they relaie. DONATIONS AND LEGACIES 3113123 3113122 Donations Grants 7,319 14,604 2,000 7.319 16.604 Grants received, included in the above, are as follows.. 3113123 3113122 Oth¢r grants 2,000 OTHER TIi4DING ACTIVITIES 3113123 3113122 Fieldwork contracts Publication and miwe113neous ￿leS Roinan Circus ca￿ income Roinan Ciicii5 Centre hire 1,448,700 3,721 1,500 5,443 1,292,633 1,568 6.597 1.459,164 1.300,798 INVESTMENT INCOME 3113123 3113122 Deposit account interest 856 Page 16 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 RAISING FUNDS Other trading aetivities 3113123 3113122 Purchases Staff co%ts Travel and subsistence C.oinpuier and website costs Ronian Circus CentTe costs B¢rnard Colbron costs Freda Nichols costs RCC. Giirdeiiin¥ Sccd Funding co%ts General CBC Janet Fulford RCVC 171,263 903,370 6,831 4,265 132,356 716,270 14,215 854 2,600 1,183 53 250 182 74 339 80 874 62 1,814 81 1,088,979 870,037 CHARITABLE ACTJVITIES COSTS Support costs (see note 71 Management and administrative costs 155,740 SUPPORT COSTS GoYeTnance costs Management Finance OtheT Totsls Managemenl and administrative costs 71,215 10,118 64,182 10.225 155,740 NET INCOMEI(EXPENDITURE) Net incomel(expenditurel is stated after charging(creditingl'. 3113123 3113122 Auditors, remuneration Independent Examiner's fee D¢prcciation- owncd asscts 3,750 6,475 10,806 2,838 7,984 Page 17 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 TRUSTEES, REMUNERATION AND BENEFITS Theie were no ttustees, remuneTation or other benefits for the yeaT ended 315t March 2023 nor for the year ended 31 st March 2022. Trustees, expenses There were no 3 1st March 2022. trustees, expenses paid for the y&4r ended 31st March 2023 nor for the year ended ST AFF COSTS 3113123 3113122 Wages and salaries SoLial secuiity costs Other pension costs 873,966 81,421 16.665 701,980 58,703 12.443 972,052 773,126 The average monthly number of employees during the year was as follows.. 3113123 3113122 27 Archaeological activities Management and administration 34 No employees received emoluments in excess of £60,000. COMPARATtVES FOR THE STATEMENT OF FtNANCJAL ACTIvrriES Unrestricted fund Resthcted funds Total funds INCOME AND ENDOWLWIENTS FROM Donations and lcgacics 13,602 3,002 16,604 Other trading activities 1,300,798 1,300,798 Total 1.314,400 3,002 1,317,402 EXPENDITURE ON Raising fund% 863,769 6,268 870,037 Charitable activities Manag¢m¢nt and athninistrative costs 129,070 129,070 Total 992,839 6,268 999.107 NET INCO.MEI(EXPENDITURE) 321,561 {3.2661 318.295 Page 18 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Resiricted fund funds Total nds RECONCILIATION OF FUNDS Total fl￿dS brO￿￿t fon¥ard 739,129 27,358 766.487 TOTAL FUNDS CARRIED FORWARD 1,060,690 24,092 1,084,782 12. TANGIBLE FIXED AS8ET.S Fixtures and fJtting8 Freehold property Plant and machinery Mutor vehicles COST At I st April 2022 Additions 451,140 16,700 42,445 3,211 8,995 18,292 519,280 21,503 At 31st March 2023 451,140 16,700 45,656 27.287 540,783 DEPRECIATION At l%t April 2022 Charge for year 3,340 3,340 28,670 2,009 7.196 5,457 39.206 10,806 At 31st March 2023 6.680 30.679 12,653 50,012 PIET BOOK VALUE At 3 1st March 2023 451,140 10,020 14,977 14,634 490,771 At 31st March 2022 451,140 13,360 13,775 1.799 480,074 Artwork at valuation included above not depreciated 10,oou 13. STOCKS 3113123 3113122 Stocks 2,198 2,198 Page 19 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113123 3113122 Tradc dcbtors Amounts reLoverable on contract Other debtoi Prepaytnent 445,412 337,228 399,160 384,610 5(X) 4,143 6,315 788,955 788,413 15. CREDJTORS: AMOUP4TS FALLING DUE WITHIP4 ONE YEAR 3113123 3113122 Bank loans and overdrafts (see note 17} Trade creditor Social security and other taxes 7,390 20.012 19,754 121,357 60,050 156,804 6,375 7,203 4.904 15,751 108,116 49,000 187.607 2,625 VAT Other creditors AccTuals and de[£￿ed income Accrucd cxpcn%cs 391.742 375.206 16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 3113123 3113122 Bank loans (see note 17) 101,383 17. LOANS An analysis of the maiurity of loans is given below.. 3113123 3113122 Amliunts falling due within one year on demand.. Bank overdrafts Bank loan8 1.826 5,377 7,390 7.390 7.203 Amounts falling between one and two years.. Bank loans 1-4 years 32,9L18 23,992 Amounts falling due in more than five years.. Repayable by ii)stalments". Bank loans more 5 yr by instal 68.395 90.129 Page 20 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 18. SECURED DEBTS The following secured debts are included within creditor5'. 3113123 3113122 Bank loans 108,773 119,498 The ba]]k loan 15 secured on the propety kno￿1 a5 Rornan Circus House. The bank loan 15 repayable by installmcnts by Fcbruary 2038. Thc currcnt intcrcsi rat¢ is 4.350/0. 19. ANALYSIS OF NET ASSETS BETIVEEN FUNDS U]]restriLte At 31 March 202 Restricted funds Total funds funds Tangibl¢ fix¢d ass¢ts Current assets C.urreiit liabilities Long let￿ liabilitie5 Provisions for liabilities 473,127 428,773 1188,159) 1124,822) 473,127 459,793 1188,1591 (124,822) 31,020 588,919 31,020 619.939 At 31 March 2021 nrcstrictcd funds Rcstrictcd funds Total funds Tangible fixed assets Curreni assets Curreni liabililies Long terin liabilitie5 Provisions for liabiliti¢s 470,484 541,334 1154,286) 1118,403) 470,484 508,692 (154,286) (118,403) 27,358 739,129 27,358 766.487 Page21 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 20. MOVEMENT IN FUNDS Nei ovement in funds At 3113123 At 114122 Unrestricted funds General fund 1,060,690 217,912 1,278,602 Restricted funds Fr¢da Nichols Library Fund Roman Circus Centre Fund Beiiidrd Colbion Memorial Fund Arts Appeal Fund Circus Centre Fund Locality Budget Model Fund Circus Booklet Flind Heritage Lotiery Emgerency Fund RCC. Gardening 8c¢d Funding RCVC Mndel Room C.BC Grants Janet Fulford Bequest 1,572 (6211 4,846 2,000 3,316 2,300 528 3,833 3.255 2.145 918 {339) 814 1,233 4,846 2,000 3.316 2.800 528 3.833 3.255 2,145 1,084 419 438 2,910 51KJ 166 419 438 2,910 24,092 4.908 29.000 TOTAL FUNDS 1,084,782 222,820 1,307,602 Nct movcmcnt in funds, in¢lud¢d in thc abovc arc as follows.. IncoTning resources Re50urce5 expended Movernent in funds Unrestrieted funds General fund 1,460,255 (1,242,343) 217.912 Restricted funds Fr¢da Nichols Library Fund Roman Circus Centre Fund Locality Budget Seed Funding RCVC Model Room CBC (Trant Janet Fulford Bequest {339) (339) 814 500 166 419 438 2,910 814 500 246 5(X) 500 4,724 (80) (81) (62) {1,814) 7,284 (2.376) 4.908 TOTAL FUNDS 1,467,539 11,244,719) 222,820 Page 22 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 20. MOVEMENT IN FUNDS- continued Comparatives for movement ITh funds Nei overnent in fund At 3113122 At 114121 Unrestricted funds G¢n¢ral ￿nd 739,129 321,561 1,060,690 Restricted fu￿d5 Frcda Nichol% Library Fund Roman Ciicub Ceiitre Fund Beniard Colbion Memorial Fund Arts Appeal Fund Circus Centre Fund Locality Budget TO1￿ Model Fund Circus Booklet Fund Heritage Lotiery Emgerency Fund RCC Gardening Sccd Funding 1,624 (481) 8.029 2,000 3,276 2.300 528 3,8.33 3,255 2,395 599 (52) (140) {3.183) 1,572 (621) 4,846 2,000 3,316 2,300 528 3,833 3.255 2,145 918 {250) 319 27.358 (3,266) 24,092 TOTAL FULYDS 766,487 318,295 1,084,782 Comparativ¢ nct movcmcnt in funds, includcd in thc abovc arc as follows.. IncoTning resoU￿eS Re50urce5 expended Movernent in fimds Unrestricted fund5 General fund 1,314,400 (992,839) 321,561 Re5trieted funds Freda Nichols Library Fund Roman Circus C.eiitre Fund Bemard Colbron Memorial Fund Circus Ccntrc Fund RCC Gardening Seed Fundin 153) (2,6001 (3,183) 152) {1401 (3,183) 40 (250) 319 2,460 (250) (182) 501 3,002 (6,268) {3.266) TOTAL FUNDS 1,317,402 1999,107) 318,295 Page 23 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 20. MOVEMENT IN FUNDS- continued A C￿￿ent year 12 months and prior 12 months COTnbined position 15 as follows-. Nei moN'tment in fund At 3113123 At 114121 Unrestrictcd funds General 739,129 539,473 1,278,602 Rtstricted funds Freda Nichols Library Fund Roman Circus Centre Fiind Bemard Colbron Memorial Fund Arts Appeal Fund Circus Centre Flind Locality Budget Town Model Fund Circus Booklct Fund Heritage Lottery Emgerency Fund RCC. Gardaiing Seed Funding RCVC. Model Room CBC (Trants Janet Fulford Bequest 1,624 {481) 8,029 2,000 3,276 2,300 528 3,833 3,255 2.395 (391) 674 {3.183) 1,233 193 4.846 2,000 3,316 2.800 528 3,833 3,255 2,145 1,084 419 438 2,910 500 (250) 485 419 438 2,910 27,358 1,642 29,000 TOTAL FUNDS 766,487 541,115 1,307,602 Page 24 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 20. MOVEMENT IN FUNDS- continued A C￿￿e1)t year 12 month5 and prior year 12 months combined net mO￿t￿ent in funds, included in the aboye are as follows.. InLvming re%ource Resources expended MoN'ement in funds Unrestrictcd funds General 2,774,655 12,235,182) 539,473 Rtstricted funds Freda Nichols Library Fund Roman Circus Centre Fiind Bemard Colbron Memorial Fund Circus CentTe Fund Locality Biidget RCC (iardening Seed Fuiidiii RCVC Modcl Room CBC Grantq Janet Fultoid Bequest (392) (2,600) {3.183) (391) 674 (3.183) 40 500 (2501 485 419 438 2,910 3,274 500 (250) (262) 181) 1621 {1,814) 747 5(X) 5(X) 4,724 10,286 {8,644) I,(A2 TOTAL FUNDS 2,784,941 (2,243,826) 541,115 21. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 3 1st March 2023. 22. DEFERRED INCOME Income of £156,804 {2022.. £187,606) has been defe￿ed. The defe￿ed income relates to the ￿TitIllg of a Report that is ongoing. 23. PURPOSES OF FUNDS General Fund The general fund is unrestricted and holds a¢¢urnulated surpluses for future chariiable activities. Freda Niehols Library Fund The restricted fund consists of funds froni the Freda Nicl)ols Estate w'hich exists to establish a resource library for the T￿St. Clrcug Centre Fund The restricted fimds ¢on8lSts of money raised from donations to go towards the Junning costs of the visitor eentre and tvwaTds purLhases aiid deiielopment of exhibit5 within the Lentre and surrounding aTeas. Art Appeals Fund The restricted fund consists of fi￿dS donated for tlie purchase of art for tlie visjtors centre. Page 25 coniinued...

COLCHESTER ARCHAEOLOGICAL TRUST LIMrrED Notes to the Financial Statem¢nts- continued for the )'ear eThded 31st March 2023 23. PURPOSES OF FUNDS- continued Bernard Colbron Memorial Fund The restricted funds consists of money doiiated in the memory of Bemard Colbron for the purpose of display5 for the visitor centre. Loeality Budget The restricted fund is from local Cliuncillor donations towards improving the centre signage and the sireer signage for the centre. Circus Booklet Fund Th¢ restri¢t¢d fund is for the creation of a booklet about the visitor ¢entre. Page 26

Colchester Archaeological Trust Limited 31.03.2023 (Companies House) Final Audit Report 2023-12-21 Creatwj 202&12-21 By". Jules Cook Q'[e-mail] Slalus.. Signed Tran5acbon ID.. CBJCHBCA4BA44qa502FK1N511I￿nAEJBRdmhlZ4pjHL "Colchester Archaeological Trust Limited 31.03.2023 (Companie s House)" History Document created by Jules Cook O'[e-mail] 2023-12-21 10.'48'.19 GMT P. Document emailed to Nick Wickenden [e-mail] for signature 2023-12-21 10."48".24 GMT Email viewed by Nick Wickenden [e-mail] 2023-12.21 11."$4".04 GMT Document e-signed by Nick Wickenden [e-mail] Signature Dale.. 202>12-21- 11.'55.'42 GMT- Time Source.. seNer Agreement completed. 2023-12.21 - 11 $5."42 GMT Adobe Acrobat Slgn