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2024-03-31-accounts

IIKGISTERED COMPANYNUMBER: 01578133 and W]¢s) Rtpor¢ fyfthe TrthF•Ld fortheYearEttdty131stMr¢FL2024 COLCHUTrRARCHAEOLOGJCAL TRUSTLif*￿1ED Att<¥kn¥￿ (ACCO￿￿￿ts) LitrAt Srawtory Auditor l TowHwse Tow￿centre Fl¢rtford5hire ENII 8UR

COLCHLSTERARCHAEOLOGICAL TRu￿LIMITED Corttettts oftheFlllaDrlg1 St#temeDts fortbeyeareDdod31itMareh2O24 Report ofthtTruittt5 10 BalaKeSknttt 11 to 12 Clih Fknv StateD￿t NoTrsto the Cash FIMT StatuneTht 14 Nfyttsfo the FIDAnd•lSttemBllts 15 to 26 DttAlledStaternthtofFt**¢thiActlvld¢s 27 10 28

COLCHEmARCHAEOLI)GICAL1RUSTLIMITED Reportof tbeTru5teos for th¢Y¢arend￿31S¢mAr¢h 2024 The trustCC5 who ar¢ 81$0 direaot5 of the djarity for the purpTrse5 Df IbE Cotnpanies Ad 2006, prc¥¢lll th¢ir wort Mryth tht fiDAncipl staments of the cbatiry for the y¢or ended 31gt March 2024. The trust￿ have adopted the pyovi5iow of A£L'ouMing ￿ Ryrting by ch￿Ities.. Siatem¢DI of Pxacuce applicabk ty ¢hritie5 preparing their acc0th￿ in accordance wiib Ihe FtllaJKia] li¢pffjins Stsndard applluble in thc UK and Rwubjic of Iwland ￿R5 1021 l¢ffediv¢ l J8tXLgry20191. OBJECTIVES ANDACllVITILS Obloctlvts aDdaln The obj￿1ve$ of the Tnw are lo advaDcc Ihp thtion ofthe publse ￿ the SCiLYLC¢ of arCh￿D￿Y alld ts pron￿¥ the PPfOFqiats recor&o& excavaiion And IDt•tioti of ar¢haeolo81I￿ siTrs and bi5torK buildw in Cdchesrer Dndlh¢Dei8hbDurins distsi¢ts. To a¢hi¢v¢ th¢se ends the Tnw has the power ) conduct 9rth#￿10￿lL exuvatioths and sykwys, out approptiate ¥exar¢i publisb the results alld thibition6. The Trust is oblitcd to CllSUEC thc ￿fe￿keePJns of ill sts f￿3$ ond rd$and to4rr8nRefDrtheireventu&l deposiiioninanappropriate publi¢ instiwtion. PoYKtsto thiev¢th￿cend5 indu&.. a) Ih¢abiliry to a¢qll￿. monEag< rentorseil realorpBThoTha] utatv, b) Iheabllityio ¢onstnKt, nyint4iU OT8lterhwsesorotherbUild￿8￿ cl itsa¢¢epl wfts ofprtycty, dl th¢ ability lo rais¢ by appth or wbxrlpti0￿ Drby accepliDg doNtion¥ provythng that the Tttut d0¢5 utJd¢nakepwtDanwt tyadu%ac¢iviiitsin rn1sjngfi￿f0rtheQbjc&lV£S of theTDtsL de]lYer5 oiir Diii We r¢w¢w ow lim$, objcctives and Èctivities year. Tr ￿IeW Iwks ai what wel)8ve achi￿ed and the progtOS Df wotk the pt¢vious 12 months.The ieview also helpB W to ettsure w aim, objethves Ittd aetiiryties rematn foeus¢d QD our sl&trd pry. Wc bavc ￿[erted to thc guid3￿￿ WDtaiDd in thc Ch3rity ConJmission w¢raI guidw on pub]iEb￿￿fitwhBRr£¥l￿llUOUral￿ arrflobieuiv¢s BndinplaDningaw furu[E￿￿tiw. Pywk b¢D¢llt Th¢ Tr￿1 prornotts ￿h￿￿108Y through I#￿Tr$ aT¥J w da￿ on sites. these th￿1 otheT Chari￿C a¢tivj¢i¢S sr¢ UDdeTthkentofj2rtknouTchatitsblcpurp05as fortt￿public￿thefjl. Voluuteer5 Volunteets continue ￿ p14y a c￿￿1￿1 rok in ts develorADent of tho centro in the WOTk of the TrtL%L About 3 volunte¢r5 wn¢ to off¢rh¢lp on h r¢BubT basis tknougbw¢ th¢ year on ¥ I￿R¢ of ptoi¢¢ts and irKluthng u¢ra¢tinE ryth Visito￿ to the centr4 gardeningb helping archats)jD￿c￿ find¥ fiThn rt¢eMt ¢x¢a¥adon4 tt hdpin8 to make our wt 1..4(Q s¢th mod¢l ofth¥ R(nin town. Ttu¢e voluntrw Ncil Stsff ai&d by RicbDtd Tdd ¥nd otber voluDtrA5 CODtsnll¢d ts und¢tthk¢ n￿￿h needtd mJittt¢nan¢¢ ￿ improv¢mEnt V￿rk in a￿d around the visitor cemTe and ihe T￿ offi¢e84bove. Pagt I

COLCHEsfERARCHAEOLA)GICAL TRuSTLI￿TED Reportof thtTruste lorth¢ytAr¢ttded31#MArth 2014 SIRATEQICREPORT L4$1 year's ill¢r¢ased perfornia￿t was n￿l￿tiln¢d. Total this yw was £l,161Afr7 [20￿.. £1.467.539) of whirh £971.957 (2023.. £1,448,70DI ttfAged ID fieldwrt contracts. Tbe gtthaeolo￿eh1 work PTogrdmme tet]ns of idwork nnd report prcpwEtiQn W85 J￿L SI￿lf1¢)ntIY impafftd by the Covid paThJ¢tnic although fortunately we wete receipt of COl¢heswBoTou￿1CoU￿1IB￿ir#ss Rc-$13rtwi whichsigllifwlly hew theifJ5ilor C￿tr¢. As in re¢ent prtvitius BnDuai re[￿& we pr&i¢DI ￿lOW a m¢&sure of perforn￿re ba¥ed on th¢ ¢ompletion dates Df the project r¢potrts 81ocÈ th￿e J)rmryde a cleaTer llLdi(ation of perfumance and achieve￿]eth than project stArting Tr rThfflplpipA rnh11￿ tnainly nf acco￿nts Of invèStithiOllS OD deVeknVtna￿ sile￿ desktop aSSessnK￿ts of 8rthwloBMxI site4 uctoeologi¢d exca￿￿on& and his￿1£ building smtveys. These reportB We￿ upIoAd¢d OL ts ibe CATIUniversity of EkEex dO[D&￿ @ttp..1l￿¢.e$S¢X.￿.￿k) Eheteby. with of the ass￿￿, ￿￿kaYLE1£b]e for fre¢ Anduw¢sttietcdpubIic &>wnloJ. B&sed on the rewts £inish¥J in the yegr, Ibe foliowow tsbk r¢v¢als lh¢ familiar g¢DFaphKal spread of wbt¢h w¢ can see a fairty evth split betweeD Col¢heittr iod the of B5w wih limited penetration into I 20ts24 202>LI 47 73 72 2021-22 202￿11 201941 Col¢b¢ster Suff¢lk HertfThrd%hire Cambridge Total$ 1129 152 153 ￿rnber of qwtitions axemcd ID ¢he fLnaDBi81 2023-24 IOT fiJbJTB Ptojts 185 or4mcd to fvrthgr wmk OD ¢XiSting 0￿) i$ onothet good, alkil indiyECL itidicator of th¢ Trusts perfotmarte that wiod. The nullthr of jobs for which quolaUon5 were given durin8 Ihiy time w&8 200 11291 of which 64.5% werc 5ucce$sfid. Tho t￿81 value of th¢ latt¢r i8 mort thatt double th81 of thepM4ous year 81though thi$ i$ likely to bea iwge spik¢ ix¢8we a f¢wof thest aTtexeeplionDllylargE andar¢likelyto cxtend inio2Q24P2025. Thcbreakdown in tem￿orpr01e￿tyr￿ f￿r2￿24 88c0￿￿￿] withpy0vjo￿ years: Yur 202>24 202M3 2021_21 212fv11 12 15 53 21 Buildmgrttording wai¢hittgkncfs BxcRv¥io EvplvahDfL8 Geophysi¢al $llTVCyS Hcdt4e ltyp1￿s￿JnC￿s 45 57 17 36 49 45 55 128 152 FIEldH4)rk Th¢ year 2ff2>24 WPSPDor its of the volumB of fi¢]OwDtk ulldertthn ¢oJJyted to years, p￿le￿I￿11Y ¢ompared th the previo￿ year when Ihrt * ¢xcavAiions tt￿1trd ￿ the TnL%t expwyknng its te4m oTrwdMably. By th¢ size of CAT% ieam $b￿￿k mHrk¢diy duyittg 2023Q4, wlth maoy staff leaYin8 withwt b¢in8 rqilaced. FOT exampl¢. the f￿]dwo[k te4m. wbith Start￿ the y¢ar it 23 peop￿ ¢nded the ycEr hvin8 iy 15 tncthbets. Py2

COLCH&8TERARCMAEOI￿[cAL TRusf LIM￿ED Report•f theTnslct forthtye4r¢nded)1st MarclL 2024 Th ye•r quiet from the 8tart with the eX¢AWi¢tsS io ￿VanCe of the redevelopme￿ of the follnBr Street B Dtyot i the town etntre represeniing the only major ptojEd during the SPriD& Thi% projcct providd 8n OPPOIn￿lty to examine an ¥tea of Jattd imD41iately inside Coi¢hesteVs wall revealed thc rCmDi￿s of e&st-WeSt oricntsted Rornan strrt limbcr-lind mtth¢v8] pirs $tonc-bDal welL as wdl a8 th¢ remai￿ of thè Theattc Roydl wh￿￿ burned dowTL in 1918. Ths high-pjofile ptoject, which ￿cluded a serie5 of public open even helped k¢¢p a 3llb5tsntid rtuttsb¢y of stsff i￿Y durmg o petiod wheD the￿ was w Jitllt other worK a tr¢ThJ whi¢h continued into th¢t&Tlysumtw. Come rn1￿￿ty. atA time when CATw&s ¢oMdedng the need to ft￿k¢ Tedunkn amony th an4 CATws thwtcd to pmidg 4 t¢WD of tell archacoiow to wotk as subeojrttots for Wè58ex Alc￿20108Y on 8 550 trench evahwtith adY8u¢e of a new Esstx and Suffolk Water pipelin& Although W¢55EA AJrba¢ology t(￿pICt¢d all thc p05t-exc4vation work. thts prOiÈÈt allowed CAT to I￿n every member of ihe fielthvork in prew2ti0n for an U￿tllrn in workload after ihB crops came ofr the ficJd5 ID tkn late summtt. Ptoiccts undertkn by CAT du¥ithg this p¢nod ill¢h￿¢d triai.trellchin8 evaluations coich￿r al Cymbtline Meadows, BellhO￿￿e Farni Bisch Qwry. Ind an v&tiDrt at Wivenhoe Quarry. Th¢ B%vJuattoN nt Bdlhous¢ Fxmi rtveoled litt￿. but at Cymklillc Metsdows bri& aDd tile kilns. Broroe Age bwillls were eKLVattd at BirdL •nd itt WivEnhoe QLMTry P￿￿lstOriC Bnd Ro￿￿Tr lathw¢ fr4hw¢sww¢ tecwd¢d. The ear]y winter dDminated by a knrge ¢x¢avdiott Èt Th¥teJwell lin the Myland 4Te4 Ofcokhes￿I whdj re￿ one of th¢ Iwt weIl.preserV￿l industiial arca5 ￿Cla￿d witb Jndival Coldwtcf llnco¥ered lo d&1& A t¢tsl tyf thr¢¢ kikn8 and A w0￿h￿p wete ]￿tified, all of which weTr as$octs￿ wtth the pmductiott of mor tiles (peiiiel for tbp mcdicd town and SO[tow￿]ng am wojctt w¥ completal before ChTisbna4 with th¢ fiTril few months ofthe fuwKial year 5pcnl furth¢[ dIsE￿Ing pwbibiy ofteduthcies as CAT strU88￿d 10 ￿j[¢ ¢￿￿8h fjelthvDrktoketp the bJlte4rnbusy. RomNneircu3 Vtsittyrettr¢ The CeJtre coJJtittUC5 ￿ be opell yeBr offetiDg inécpcndcDt visits guided tour5, wd¢omllJE wsitOY4 ￿11 a¢￿4￿Y￿8 chiidTUL Assisi￿8 our Qualif￿d Colchesier Tour GuideJ. Seven Colch&#¢r Tour Guid¢s As$oeiatiott voiuoteèrtd to eDndllct yjided touts on SattrdNys llnd wiul event days, the Lxti0nalWeritsgeO￿ Day, 8eh¢trje￿dFt$￿VII¥fA￿ch¥trI08y. TheC¢ntr¢ i8stiIJ ¥Jppon¢dbyA(Wi¢atedwwofvolwJteets'. 8ardettets2ttd￿ell ththtVi%itorCeJLtre. As as I¥)#￿$ cotntnunty 8toup Jneelings, the Centre an)gpJ ill￿￿1 tslkts foT the pubiio Ri¢hanl Balt We h￿h￿s01￿¢Vi￿tsfroth s¢b¢¢J]s ¥nd8row)s. Tho in off￿t froTriicd out on an ¢xperinMtal b&s fron (JknbBr 2020 to tthe CAT aff costs. A we cbDTgeof UOrttweckcontinuestobE cItyt0￿ds cl￿￿1￿1tyw￿ ¢th￿rL￿MI￿1COSts. Flllgndaipo51tloD Th¢ (tharity ha¥ g¢ntsAi r¢s¢rv¢s ¢f £1,159,845 ￿ the ¢nd ofths yts, whi¢h Irr 5uffi¢ieDt to l YUT and 2 i>ndadtD￿lstratiYe¢%pe￿s￿S aNlodwcosL8. Prlndpll The Council of bDs [csolv￿ to cthbliBh ￿erVeS ￿ pmvide (or firtw¢ tivili¢$. D¢siyatryJ ¢vntingrn¢y fiwrftsa]Elr￿INl￿￿ed locoverfvmrec05ts. Pag¢ 3

COLCHESTERARCHAEOLOGICAL ThiisfLIMITED Reportof(h¢Trnstees f•rthey¢arendtd 31stMarcb2024 Y￿4A￿C￿LREv1E￿ C•Sn8 concern The Coun¢il of MBn&8eO￿1 is 5Bti8f￿ tha( thu Th3V5 a5¥ets knd aye avtiiLqb￿ ord adw to fidfil its objiyations inNPtci ofeach fi￿d. Thech8rityh￿ ad¢quiiertserVes￿ cont1¢u￿s8 goingcwcem forthefor5eeablBfithut. The djarity p]B￿ ¢￿All￿1n8 th6 8ciiYitits tyjilined iw¢ in years subj￿1 to fillyju STrUCTUR& GOVERNANCE AND MANAGEMENT GtrY¢rkns d•e•m¢Mt Thc chaTity is c(hntrolityJ by its dOc￿en4 a deed of tru¥L TrJ •)￿li￿le8 0 ￿lted conyny. limited by an¢e¢. as defiThyJbyiheCosnpanies A¢12￿, Re¢rultment appolntment olnEW IrustEES M¢mbws are ar￿¢10¢d by I￿1110￿ #tthe Ajxujal OeDerAI mea￿)& 7hEte restitMoN (ffj th¢ number of tetrn5 0foffir¢JTtmb¢r¢4n5¢rYebutlh¢TDJ5V5 Lx)n3titutiw d￿¥¢￿fyaMa￿i￿llm DunthErOfT￿l￿￿ New trus￿ t seietted b￿aUse of their oxperri5C 4nd ￿￿petencieS thai t1￿ are able io offer.. no SP￿Lf￿ Li req￿tred. Olganwtjom￿5trll￿tur¢ The Cou￿lI of Management meets rwlarfy thughout th¢ yeDT to and pl￿ (j¢div¢J ond the thrnf. Mitt¢ts of gettcr&i concan raistyj with ￿1 therdX￿. A commitree of tbÈmbets with ￿Ing nghts meets separately to fin￿¢Ll1 matters. The Council of Managcmak tOthSiSfS of th¢ Tn￿ ￿ a of menthws OPPQiDtrd by other bodio4 SO￿ of whoty art tjttitied ty vot¢ whlie othtts ate nsTrvoting rncmbers. All wab¢tS BTC we￿01rd to ¢onthbu￿ di￿Us510ll Thc thy to dayrnanaBctrM¢ ofth¢ Chtiliry 15 delegated by th¢ the Chief Ar¢hJlogist, orsllth otspetSOD IS th¢C¢uncil sball a[￿in1. Wlder nettyork Th¢ Fssex Society f0rA￿h8O0[o&V0Trd Htsw, ThgR0yalA￿[0glcaE In5tibJ Relatsd pwrt14S TrOn￿Gi70￿ itsv¢lved TnJsEecs OT any relitcd are disclosed in the the fin9ncial gtstemtts. No tnL%tees orotherrelatlperxpngreeeived Anypa)ryn¢ntof any9mforaDyreE50ll ffomtheTn¥t thwing the)r4r. RiskmAttk8tmeDt The Council of Managennt id¢llufi¢5 the Jnajor ri8k8 to whi¢h the Tn￿ is txpos&l eieh fin￿￿181 year Fknert pry>8riDg d ￿alIng its srrarryic pJan$. The member5 TeViW any risks wbich ha￿ bEUJ id¢ntificd and establksh sy#e to mitiBat¢ those riskn. The fNstees are s&ti8fityJ thAI Syste￿ aTe in place ID DJiti8ate their eXr￿s￿re to th¢ majct ri*5 thaihave 50 iLknlificd and revi¢w Tr Twst is to the usual fingnci41 risks of afty ThLSt introdth¢¢d coDtroL8 to m￿L￿the tlKAe Tisks. lrt adthtion man8geiiient 3cCo￿lts are ie8vJarly produ¢ed explained lo CwKil of MaDaBerncnt at¢ open formemb¢riw2Ction atanytime. REFEBENCEANDADMJNISIBATniEDETAILS Re￿Stered Compatty DumbEr 01578133 (￿andandWa[tS1 Page4

cOLciIKsfKRARCHAEOLf￿I￿L1￿￿sr LIMrrED Rfptsrt Df tbtTY#stee& forthoyear eD(kd3LstMAreh21124 ReElsteredTharltynuml 213354 Rtgisttred tylfi¢e RomaD c￿15 Housc Roman Cwcus Walk ich¢st¢r Fs$¢x C027GZ NP WickJden E A BDurto GAP ChIdw￿k AFCiRTk N CochTaDe MRDAvie5 Irc5iwJ 114120231 SCLansley J cFe￿all AB Phill¥ Ncstoff DJ fjoodrngn J Malbtt%oJL CFarndell (r¢mg￿d26nrlD2s) LCGrecn PAKnBroth13pJx>inted2614121Y231 Setretary WJNlalliAxdJ At￿lbor￿%hs (A¢¢ovnt4ntsl Limlltd l TOWerHo￿ TOwer￿tre Hodd¢s(bn Hefffotdshi F￿11 8UR BthrJ TheCTroperativeB3llk p.l.c P.0. BoX￿0 Sk¢Jm¢rsdaio WN8 6wr Th¢ (who arc aLsu the threctors of Colche5ter Archaeological Lllnited for ￿pUry￿S￿ of cwany law) are r¢spotisible forpTeparin8 th? iieport of the TTUSttts and tho )IKaDcial thttmtDts ￿ acC4>rd￿c with 8ppIKtibk law aDd Uthrtrd￿llgdQrnAt¢￿￿ Stsnd8tr&1Unit￿KJngdOM (knK4llyAc£eptd Accounting Praelice). PAEe5

COLCHLSTERARCHAEOLOGICAL TRiWfLIM￿ED Rtport oftheTrllyte¢s forttKyMreMd¢d31¥t MAreh2024 STATEMENTOFTRU5TEES' RESPONS￿￿￿￿$. ¢onllftued Company law T¢quires the Me<s io prepare f￿3￿Cial $￿tK￿nts for¢& fJllaww] ycar wbith giv¢ ¥ vi of the sw¢ of8ffaits of the charitabLc compmy Rnd of th¢ ￿s￿j[c4S ard gpplieatiOD of t¢sowce4 thB income and txpendlDW¢ of the charitsble company for that p¢rio& []} pr¢paTinB ￿￿￿Kial ststfUL¢llts, the bulees . se]ectsll1Mblea¢¢o￿t￿¥Pol]cle¥Èrtdth￿applY themciJtLSiSt. ob5eJvetht Dxthods andprinciplcs ill tknckn￿ity SORTr.. . ]tth jLdBcmcots2lld estimatesthal aret¢￿¢￿bIe8ttdPnth￿. . prqwv tIK sratemcnts on the gO￿S Co]￿ basis unless it is lo tbat th¢ thuitabk The ttU5¢¢¢5 TG&Ptrn$ibl¢ for ktsJs proper acGDuntin8 r¢ox& whl¢h di￿￿3¢ with reasonllbk t￿4￿rY at any tiioe ths fitsth¢i￿ positton of the thoritgbJ¢ ¢•￿￿Y èftd to cn8bl¢ than thts financial S￿emL￿ comply with the con¥￿1￿ ACE 2006. They atE als0 Te4onsibk for sify8tdllJg the assets of the ¢haviiabk com￿Y aThi hcntt for tak￿¥£&%0￿ablt steps forthcpteve¥rtion and d¢tettion¢f other]￿eg￿lE￿knts. Ins) f￿r￿thE truSt￿re9Wl1 th¥¢i$tto rc]evant lludit inforntionofwhi¢hthecbotitsblecoMpHnsAudltor&arnuDwwa￿. the ￿$¢$ thkcn all strys that they ouqhi to havc trkcn lo trAkc thuns¢fv&¥ aw4T¢ of arly rel¢￿tt ￿11 infornotion Andts)¢sMblishthitthe audiEQts P￿&Ware0fth#inf0m1L￿n. AUDrroiL8 Th¢ auditors. AttenboTou8h$ lA¢¢ow￿llts) LitDile4 b¢ prrryed foT re-0ppTrinlm￿t #t th# fonheoming Anm Ge￿¢[*1 Me¢ti Approvtylby4)tsoftbeboatdOflY￿$ol1 15thD￿ernber2014th] itskhalfby. NP Wi¢kendeJL. TTr￿Ce PaBe6

Reportof IbelRdewdelltAudbtTrrs to theThiiteo¥of cd¢htjt¢rArd￿gie9￿Trult We have audiled the fillancial stn¢nts of ColdKsr Archaeological Tn￿ L4]nlwl lth¢'cbatitsble comrAnll for the year ended 31st March 2024 thi¢h ¢ouyis¢ th¢ ststen￿nI of F￿anCial Activitie5, the SW the C&th Flow ststejtwit attd Dotes lo thc fuJ&nci&l of sigDificBnt ac£ounluL8 poli¢ies. The fDwJcia] reportins ftamework that has been llpplied in their preparation is wplicJb]e law A￿1 Uni(¢d Kin8dom Stsnd8r&(Unitcd ￿ngdOmG¢n#1lly AcceptedACcLyJnringPrncti￿1 Jn¢ur¢pinionthe financial ststeJEwnts'. 81ve A and fair view of the thIE vf thc chaTitsble company¥ affairs a5 al 31st Ma￿h ZD24 and of its irK1n￿E rcsourttgAnd appJic&tion ofresoutces, ￿c$Uding]ts uJ¢orne and¢xpendillry forthc yearthen¢ndcd,. havebeÈrtpropttiyprep￿￿ rLaccoTdancewithUnitedKinsOwn G¢nttalIyA¢¢¢pwiAcco￿in8 kncrice: and havcbccDpTcpaTcd in4¢¢ord￿￿¢ witb th¢r¢quircmentsof tt￿companI(EACt2OQ6. foroptnlon We comducted iyjr 2utht in Aceojkn wlh IntrFn#tional Stsndards OD Auditing IUK) IISAS IUKII and #ppll¢able law. Our r¢spDnsibilitics yndcr t7￿ stattdaTdE are furth¢r dcscriw in th¢ Auditors, rtspoJwbilitie$ for tb¢ audit of th¢ rmttncial sta¢t]nertts s¢¢tion of our report. We are of the th￿Irable tompany ift accordance with the whi r¢quir¢mBnts Ihat atc TclrvBnL to our audi¢ of thc fJn4ncial 3ratements in thc UL in¢lvding th¢ fRC5 EthicBI StaThJ and we hRv¢ fvlfilled our other ethical testthsibiliiies in accorlanc¢ with thpsÈ We beliBVe the wjtht ry&ncewchavc obtalljed￿ suffKient akdap￿￿1ate to ptowd¢&buL5 forouropinion. C•thclthns rotattDetvgolllecotKY In 4tylitittg the fllLgticiiI stgtcrll￿. we FAVe con¢luded thAt the Mtsie¢g we of thè 8QiD8 CODeern I>s57B of #te￿1￿￿8 1 thepr¢parauonof the t51w￿l&l is appropriate. Based on ￿rk we hav¢ pwformtsl, wt have not ideniified any matuial uKcrtaintic5 r¢lating to ¢V￿ty Dr Conditions indi￿duaLlY or collectivtiy, may SI￿￿1f1¢0trf dwbt oll the chuimble eomrthnjes ability tts cothiwe as a 80th C0￿c￿ foraperiod ofat]￿l twelve month$fro￿￿the fjnancial tht¢mentsAveauthoriscd fori55ue. Our rwtt5ibilities aDd tk t￿pr￿ibilitie5 of the ttustets vlth tewt to Eoink ¢otr¢em ar¢ 4lwibe4 ￿ the reimnt 8t¢tioo$ ofthis r¢90 OtherinfoTruwtiD The tr￿￿¢5 r￿pOnsIb￿ for th¢ other infotmiuthL Th¢ other jnfomw1i￿ ¢OSDwi$e5 the infr￿n72t1On inclyw ip the Aottval RetAxidherihan IbcfiDencilll statem￿ andouTRwrtofthe 11thFt￿entA￿{I¢O1sth￿Th. Ihr opu)iw on th¢ fmattcial ststenjerlts doe5 not cover thc other Info￿ation EK¢CPt to the otlwtvli explicitly ststed in ourrepoo wedo t￿lexpressanY fo[Mofa￿araDee conchJsion Ihcreon. ttsiu#tion with ow audit o(¢he fJNn¢ial sw¢mw our responsibility is to the other infotmation Dnd. in dDinB o, collsidu whvthEr th¢ othry illf0￿￿&tstsTh is ￿te￿allY in¢on8W¢Mt with the finÈllcial ststCDJthts or our knowledge Obtain￿ in the autht ￿ olhctwise app24T5 to bB In3t¢rially Tnisswed. If we ideniily 5￿ts miri#l irK0￿st¢Dats ( BPPBtellE ￿￿terial MisS￿eme￿￿, we arc tcwited to drtotminc thcr thi5 wves ri￿ to a D￿jaI in th¢ fin2n¢ial Stat￿￿￿ts QxxDselv¢s. If. b3sed on ￿le wwk perfotmed, we conc]ude th8( there is a rnalerial tlli551At¢llJElltofthi5 Qtkn kufon￿￿OH,w¢STrxx￿￿[￿t￿r¢Ptsrtth￿ fa¢L W¢ bv¢tsotllltig to[e￿i￿thIstt￿d. MAtter6 on whi¢h w• Are required to report bytxwtio W¢ hoyc nothiDg to r¢[￿ in re5pca ofthc following whw¢ tho Churtw llnd Rcrotsl Rwlations 2(X)8 r4uirdsus torepofttoyou if, WLOWOPiDiOD.' . thE info[￿th￿ giv¢n in thE Rw¢ of thoTtUStrthT li Hnyjnatcji￿ rwLXt with 5tmclll Qr the¢h8ritsbJ¢¢otwy b$ llotk¢pl i1k4￿1¢￿￿ti￿greOtr1￿ts. or . the ftiwL¢ial thiem¢nts ate llotiD a8rtt]]Mtwilhthe ar¢ou•r¢cor&￿rttsJlll4 Of wt bv¢rtotTK¢ivtyJall th¢ ￿ro￿nation4ndcxPl￿lIo￿￿e requiret0r0ura￿jlt.

B¢poYtof the ItMlependentAuditDfsto theTru5fttsof CokbtstsrArtha¢ologi¢alTru5tlJmlted RrJpollthTrlitiw tsf Irust¢es As explain￿ mOTe fialy ￿ th¢ Str￿¢ of fru8te¢s' Resp0rffjiTh￿l1i¢I the IDL%%ee5 (who ate al the dirtors of th¢ ¢lwitible ¢ompany foi the purposes of CO￿p￿nY i#wl wr¢ respojwbk for tho prepar41ion of Ib¢ swtm¢llts fot Satisf￿ that IW wve a mje alld fair wew. Wmi foT sueb thternal control as the tnJ51ees thennine ts neeessary to￿b￿th￿w¢Pl￿ti0rtof finan¢iDI 5wenxttsthatiTefreE fromThateTial mi4tht¢m¢DLwhctFrtrdueto fro￿￿Tell￿. In th¢ financ[￿ Statem￿14 the tW5tees ar¢ rcspon5ible for the ¢h8ritybl¢ companYB fibilty to nu¢ as * win8 ¢Ortcern, dielosti4 ag applicabl4 matters te]ated ty goin8 ¢on¢¢rn attl using the going concem basis of accowiting Unl￿ the tsustcvs ¢ithty intr￿8 10 liquidaw charilRbk OT to ¢ei or bllve r realistic alternati￿b￿Itts doso. (w fWPOJL4lbifiiSe5 f0rtktaudltoftheftn￿Hth1 We have been appointcd as audiiots under Scthion 144 of thu (hTiti# A¢t 2011 ￿ rep&rt ￿ accorthnro th¢ Act Vjxlrelev￿tT¢8u1attoIJsMIde or haV￿g effeotihcreun&r. Our obixi1￿ ere ty Obta￿ T¢￿￿ble aurttce about Whett￿ the fuwKial 5tht&nJts AS a vthole aTe fre from miterial rnls5tatrn￿t, wbcther duB to frll￿ Orc[￿r, Lnd to is5￿C o Rewtt of the Indepth Audito￿ tht indude5 Q opinioJL Reas￿ble a59JrnnCC i% a high level of assuww but is ￿ a guwdntse thai autht condllcted in xcorthce WLlh ISAS (UK) will always detect a Ma￿La1 rnisstAt¢rn¢Nt whm it ￿$ts. Mijstatemcnts ￿￿5¢ from fr&ud rK ttror 9ThJ are c(hn5id¢td JDattti21 if, indrvidualty or in the awe8Ate, they L¥Juld Teasonably ￿ ¢yÈtfrd to infll￿nCe the dtsi¢ths ofu8er5 takn on th¢b￿L￿Orth￿Se fnJanri31 ststrttmts. The extrnlwwhl¢h(w]K￿￿llre$ atetaP8ble¢fthftcDngjtrtwa￿riiICs, ithing frnDd i% d¢taikdbckn4T' We Id¢ntifi￿ of lawd regulation5 that could teasonabty be expectcd th have a rDatcital effect on the finNncial slalttnelllx We dtsisn pto¢¢dures bne with our responbiliti4 outlitted abov4 to deted nydteriai misthicnxms in rest￿(rofir[¢￿￿]aThlIes (L￿￿<￿p112fftc¢With laws End ￿￿latiOns1, inciuthjg fraud. Th¢exW￿wblc￿ owp[￿ClIUr¢Sw¢ ¢apible ofdeiecting iJrc8ultiriti¢s, ith¢luding is&t¥ilcd ￿0￿.. Wehayttyathow￿tt$Qrm￿￿￿￿Jt ￿￿￿3[aad[Olentsal liligatsonthittks. The company 1$ sllbittt to law5 at¥] reBulalt¢ns that dircclly atfrci the financial in¢lUd￿¥ reptytinE k￿$￿tiOn. disknbutsbk profjts It￿￿￿110￿, tsxation IEgthtiw alld pension le8iskniiom and we aisesswj ibe txient of eompliarlcewith tt￿clawts 3ndr¢8UlaEi0￿ 15 Pirtofourpro¢edwesonth¢tclawlf￿an￿lal swm¢ni it¢￿. We have jeviewed the finarKiul $tatetn¢J¢ dis¢i¢gJtes End le51ini to $￿POrt downentation tQ a51¢S5 ¢ompli8nce with 8ppliLxbk laws pndtegu18ti0llS. adjLsm)Ents for APPtowiaknes4 aDd evalLHrfTW the bu$MK¥s Fat￿nak of Si￿7fiCa￿t trall¥Lthiolls outsidp the thwmai A furth¢r &s¢ripbon of our twibiiiD¢8 fDr the 9JJtht of th¢ fithwial sralernents is le¢thJ Im the F￿￿￿Cial RepDrtins Cirtujcifs at viww.frt.￿uUaud1￿¥KSP￿￿1bilI1IcS Thii &Kriplitm fom35 of our Report of the JWentAudilo¥5. Page 8

ortofth¢llld¢pelldeDtAuditors to theTrll5teesof Cdeke5terArthwlogiQAiTrustU￿1i￿o Ui¢ofourrwt Thi¥ Tctvrt is ¥Jkly io ￿ ¢lwitable Gownllys body. ia aGGordun¢¢ With P¥rt 4 of thp Chlriti (A¢¢ow￿% and Repwts) Rc8ulalions 2{￿8. Ow audit work ha8 bJ so that we Jtjight to ch8tEthb cornpauys ttwst¢¢$ tlw matters we 8re i<xuir¢d th state to the￿ ill an a￿li10[$, Tewn and for llo other puwe. To fvile51 ¢xtrnt pemitrd by w¢ dD accept or 1sSWll¢ n5pon5ibiknty to anyx other thw the ctharits￿e eLwy jIh¢￿￿￿tbh ¢ottwatty8ts￿eeS9$abQ￿Y. forowauditwort foTthisTVrt.or forthe opit)ions w¢have fotm forwdon Walf ofAtt¢nboTQURh IA¢¢oyntsDts)Lllnitcd Statukny Auditor Eb8ibietr a¢t8son Lllditor wl*r[r￿ 0£￿tion 1212ofth¢ComFoJie¥A¢¢2006 l Tow¢rHouse Tow•re•￿t Ho(kkndo H¢rford5hwe ENII 8UR 13thIknnbtt2￿14

COLCHKST8RARCHAEOLOGICAL TRUSTLIMITED StatempntofFlnandal Acllvldta llo¢wporAttngaJbJll¢owaDdExpond5tureAtcoulltl r￿tr theypArended 31st March 2024 3113124 ToT#l 311Jr23 Totsl Donaticw and l¢gACi¢S 143,088 30.105 ITJ.193 7319 984,903 1711 9B4,903 1,439J64 856 Tot ,131,702 30.105 1,161,807 L.467>39 Raising fill ,045,614 I,r￿S,594 1,088W9 Charltsbl¢actlVl￿eI hl8nagctn&ttand administrAtivecth%ts 204.545 204,545 155.74) 1,250,159 9980 126Q139 1,244,719 NET INCOMEI(EXPENDITUIiE) Tran51ff$ betweth funds 20.125 110.159} (98J32) 222020 20 (108.29RI 19&3321 221820 RKCONCILIATtON OF FUNDS Tdal fund¥ ￿0￿ShIfDtWa1d 1278,6D2 I J07.ftt2 1,170J04 31966 I2￿270 1.307,602 Pwlo

C0ILH￿TERARCHA￿0LOC￿cAL TRusfLlhllTED Bthu¢¢Sh¢et 31stM3rtb Z024 3113n4 3113J23 Not¢5 &ss¢ts 12 499,708 491771 CURRgNFASSETS 2,198 467,357 616.167 1198 788,955 518,803 C4sbEdt4ndiD hat 1,115.722 IJ09,956 aiEDrroiLS fAlliwdue within4meyp￿r G08.OODI 091.7421 8￿,722 918314 TOTALASSETS LESS CUBJIW LIABILLTJES IW,430 1,408.985 CREDITORS Amowhts failin8dlla•tstDWB tb#o¢nÈ 16 (9&1601 NET ASSETS 1,209270 1,307hty2 FUNDS UDtestrictcdfi 1,170.304 3&966 127&602 29.OOD IW).270 I J07.602 The tbarithbie ¢owy i% ¢tsdtbl to ex#llpkn from Atyjli urvkn Section 477 otthe CoJllpgDies AL 2006 for the ytst ¢ndd313tMArch 2024. Th¢ membets hove llot depositd notic< pursu8ThL 10 Se¢tiOll 476 of the Act requiting aD auKtiI of thes¢ riDwialwAtero￿ts. Th¢tru5tEpo ackLowivJgcthBiTtwrffjibiliiie8for ¢￿ring that the charitsble company keeps reeor& tht towly wtth SectiODS 386 atwj 387 of the Coll4)￿1¢￿ Act2￿ and (b) kxepating tljwicial whkh 8ive a aNi fair view of the &#ate of affairs of the ¢b•Tiiabk comp)ny at the end of exh frAncial yoar aDd of its suryhL8 or deficit f¢r ¢•¢h fMJan¢io1 ytst LTL wih the requircmw of Secticw 394 athd 395 which othcnvifc fDmply Krylh Ihc rcquucm¢nts of the Comp￿1¢5 Act 2006reiaUng ￿17￿8￿¢1￿ so fara$8pplic&blE tolbe cbuTitsbieL¥xnpany. Th¢s¢ fmxxdAtemgntshavcl¥￿)alld1ICd uththctEquwemeJJtsof Sertian 145 of theOwitiuAd2011. Th¢nd4s foz]npartofthu¢ fllJAncIalstaD￿ts PaBeii

COLCHEsfERARCHAEOIA)GICAL TRUSTLif+liTED ance Shett-t{￿llr￿DEd 31rtM4t¢h Z These Gngllcial stakznents bEen #¢Mrd¥ll¢t with the provisiom wlicable to chBtitAb]e cowie sthiect ￿ th¢ SDullc0mp￿iesr¢￿e. The financial #aten￿nts wet¢ 4w¥ed by th¢ of Tnwe¢s and ¢m 13th D￿llber 2Q24 8Dd weres4￿￿doll itsbehalfty. NP WickeDJcn.TAtske Th¢notrsfLympyrtof fin￿1￿l￿tEll￿nts P&&¢ 12

col￿FS[£RARCM4￿Ou)G1cAL TRUST UMITED rth¢y¢arend¢d 31A Mllrth 2024 31Ar24 31nr23 C$kllfywsfrow opradng acth 158.996 14S181 258J87 Net easb providedbywtingxlfvitks 154,018 248J77 Furth￿t oftrwbkfixedasltts ]rtsRsireceivcd . (22,840) 3.711 (215031 119,129) 120.647} CAsh flows froMthll¢ing ¢ti%lli¢¥ anrepayme4ts irlycar (7525) {10.725) Cash used tiLfiLall¢iog8AXivAtses (7525) 110,7251 Cbuy lllfash whequlyleMts£ thp reportlNgperlDd C¥h and c￿ts equlvalènts attke b¢innin8of the repwtN¥ wiod 127J64 217205 518003 301598 CA¥h cyshequlvatents AttheoDd of 646.167 518,W)3 Th¢Jy)te4 form￿rtOCkn fiDuciaistasuna Page 13

cotLHL8TERARCMAEOLOCICAL TRUST Lif¥llTED Notes to the Cath FlTrwSt¢ei#eiht f•rtbèyearoDded Jlst March2O24 RECONCILIAT10N OFNET(EXPEf4DITURE)llNCOMETOTrIEt CASHFLOWFROM OPERATtNGAcmryTIES 3113124 31nn3 Ntl lèxpeodlture)Ancornt for the rcpjrt1￿8ptr•￿l la$pv the st￿teme￿I of FSrtartclAI Acthltle5) Adlllslmejkts for: Dwe¢iatson¢harg¢s ]nt¢r&s1 received iercstpaid De¢rea8&(incteasel in debuKs (Dccte4S¢Yi￿ (98,332} 222A20 13.903 10,805 (856) 10,010 15411 16J49 4,978 321,598 (79.4401 15&996 258J87 NALYSISOFCILAPIGFSINNETFIJNDS At 114 shfknv At 3113r24 Netush C4sh8¢bDnkaDd 518,803 127,364 646,167 518J03 127.364 641167 Debts (allK￿dlle￿th￿ l year Debts wfter l y 17,35YII 4,302 3,ZZJ (3,0881 (9&1601 1108.7731 7525 {101,2481 Totnl 410,030 134.889 544.919 ThBllQt¢5 fotmpfftof tknvfll￿l3II￿tll¢ll Pogc L4

C0LcHL￿ERARCHA£OLl￿IcAL TRUST LtMrrED Notuto theFLD#tt¢iAI State￿Trts forth¢yearended3lst Marth 2024 ACCOUNTJNGPOLICILS B￿LI ofprEPJriUi tbtfiDanclal ststements The financial $taiements of the ehariuble cowy, which is a public ben¢fii emity ullder FBS 102, have b2e ￿￿pAred in accorda￿¢ Q￿n¢l¢S SORP IFRS 1021'A¢Mvntill8 ottd Rq)Ortll￿ by Ch￿l1]es.. Ststemeol of Ktcornmended Pra￿1￿ applithk 10 charities preparing their a￿OUnts in actord&rtce with ihc FinarKial R¢portitsg Ststsdard appbc£blc in the UK ottd R¢public of Ft¢J8nd IFRS 1021 l¢lf¢ctiv¢ l Jaollary 2019y. F￿￿cial R¢poning Siwjdard 102 'The F￿￿rial Stantlard opplicabk in the UK ?]￿ RepubJi¢ of ¢onv¢llliots. IncoDJe All ittcome ig reco￿1￿ed in the suMe￿I ofFinancial A¢tiwlies oncty tht ¢h8Tity b&8 to the it isptobabl¢ thatthe ￿￿￿#WIllb¢￿t¢IVVd Èlld theaTL0ullti￿b}n1e￿SUrCd[￿￿y. IrKometsivd frotntlK reDÉknJ8of8uvi¢esisstst¢daft¢f ETadedwoullts andJJetofvAT. EApendlt¥re LiAbilitl¢S rt<4yiscd ￿ Expenditi￿e ￿ soon 85 thete i8 o le￿1 or construthve obliptson ¢¢mMffttr￿ dje ¢h3Dty 10 ¢xpcnditr, it 1$ prohbie that a ofeconomic bcncfits will bc rquired in Xilcn￿I th¢ of tbt pb11￿1]tin btr 0)&￿￿[ed rejkdbly. Expenditure 15 accouniut for on all acctuBl$ bw$ ￿ has c]a5sified undu he#dangs ow¢ga¢¢ all ¢os¢ th¢ CathEOry. wh￿ ¢￿9￿ LWllQi èe ditKdy ttribud to prtiwl3T ht>thn8s they have b¢tn 4llo¢ated to iviti¢5 on a ba81$ ¢onsi%teni with ￿lE ￿ of Am•tadoJb apporllonmtlll ofe• The followin8wli¢itsareipplied to Ih¢resouy¢esexpvth by th¢th8rity'. CLKYS ofrwing fuods-¢Xp￿jITr￿6d￿I]y reIatcdtyJthc ￿1p￿0rfvr￿s. Cknritsbk 8¢tiviiies . Othes llbour ¢￿ ￿)1 dirvAiy r¢10￿ b) th¢ of fund4 tb¢ wsts of th¢ Thwty PT¢Q)ists¥d411 Oth¥¢￿￿. Tanglble ￿ets Dwe¢w¢ion is pxovided a¢ th¢ foiiowitiR WLU81 raw in order off ¢¢b &¥s¢t over its UEe￿I FiYtsJre5 and fjlliDg5 MottyYthi¢ks Stotks Stock3 ale valued stthc lowcr of cwt ard nd rntisthle vlliu4 tyakillg oU¢wow¢ obs¢l¢ ￿ si¢w tnoviTrg1teD￿. lknehotity i% exempt fromcotpxationtax on itscharitAbkxtivitM. UnrtstriCt¢dfuTrl¥cJnknu￿jinxC0[d￿n￿wI￿thol￿￿I&b￿Qbj￿llYej At tbethscrcthxof ti*ttwtcc& Rtttrictsi only be forpJrticulaE restrict¢d putPLW4 within the obJ￿ts of tht dwity. Restri&ithJs whvnyifidbytrKdonororth u¢raiscd forpthicu18rrwiu¢dpuTpw¥. Fwkn¢xplAnationofthenabJrofiDdpurp)s¢of Mthfilljd isit￿l￿ded ththsnotrstothc fill￿41 slthtr P•g¢ 15

COLCHEsrtRARCHAEOLOGtCAL TRusf L]M￿ED Notes to theFIDSDclil St8letDents-¢ffltlDued fOrth¢y¢thr¢￿dtd 31st Mareh 2024 AccouNfiNG POLICIES-¢•nOnu￿I Pe￿&￿)r￿￿o5ts aDdotberpost-retiremeAI benefits The ¢lJari(ablc rompjny A dofml contribution perLwon schern& Contsibution8 pyabl¢ &) th¢ ¢hprrilobl pension5¢hn¢4w ¢bu8¢d￿ th¢SNernartof Finall￿1 A(tivitiEs in the￿1￿1 toMthttbtheyTcle. TX)NATtONS ANDLEGACt 31n124 3113r23 lknalior 173.193 7,319 OTHER TRADINCACT1VIT1ES 3113124 31n125 Fi¢Jdwotk Co￿ra￿S Publi¢#tityti Èth4mIseeUan￿uSSaIB$ Roman Cafu Inv￿￿¢ RomqD ￿u& Cett￿e htye 971.957 4.660 1,448, 3.r21 1,500 5,443 A703 984,903 1,459,364 3113r24 31D123 856 RAISNC FUNDS Oth¢rtrdlnwadivlties 3VY14 31n123 Pur¢hagag StAff c( TTaYrl4nd wbSisteJ￿¢ Ci>mw¢erandwkniieu>sts Tnwn rnrdel eosts Bernardcolbrollr FredaNichols cos xxiFupdiog cDsts General 142,357 887932 5,650 8294 264 7.393 75 317 2JY2 171363 9)3J70 6,831 4265 339 V4 CBC J4Ld Fuifwd RCVC No d¢¥criwM)n 417 1,814 1,055.591 1.088.979 Page 16

COLCHVSThRARCHAEOLOGICAL TRUST LIMfTED r4rte5 10th¢￿I￿aL¢ll1 Stitem¢llt5.toMtiDued rorthtytar ellded 31stMarch 2024 ¢Q8ts Isee 7) 204545 SUPPORT COSTS FllLgfN T¢t 83.727 5,347 lo&853 6,618 204,545 NETINCOMFI(EKPKNDrruR Naincom&(exp￿5tr)IS$￿edaft￿¢￿￿n￿(¢r2thIin1)'. 31nr24 31nl Audit0￿'rernunCr￿l1Oll Tndependwtt Examine￿5 fee 3.750 2,868 I3,￿3 3.750 0,475 1fj806 TRUSTW, REMtINEK4TtON ANDBEIYEFITS Thcre we¥e no tsuytees, remw￿￿tion or Otherba￿lts tsthe ￿r CDdcd 313t MoJch 2W24 ￿r(l( ycpr I 31st Matth2023. Tjwe were no ttustCe5' QXPen5u paid kn the ended 31st MaK 2024 zwx for IhE year erknj 318tMay¢h2023. I& STAFF Costs 3113r24 3113123 Wagr5 Social S￿￿lty ¢OSts 870,3 76,927 17.621 8TJ966 81,421 1&665 964921 971052 Theav¢Thgetwttth(ytwmberofemployets dwing ftsllow'. 31n124 3lts123 Ar¢hwJow¢al aGtivl¢its Manag¢trt¢rt¢ a(hMinistrati P4g¢ 17

cotnlESTERARCHAEOLL)GtCAL TRusfLINIT&D lo tbeFlnondalSIAtemtnts- ctsnlinutd for the yoorended31stPwl•rch2024 I¢L STAFFCOSTS- torLUThuod Noemployee5 receivedemoluments In ex¢essof£60,000. IL COMPARATIVES 17OR THESTATEMET4TOFFtNANaALACTtIThES Tdal INCOME AND ET4DOWNEFifs FROM Donati[￿89nd legHei41 35 7284 7.319 hertradti¥a¢tivities 1.459,364 856 1,459,364 856 Trfl 1360,255 7,284 1,467.539 EXPENDITURE ON RauillgfvDds 1.08A6O3 2J76 1.081979 Chariibl6*¢Hy1￿tS Mknagernentand athn1nistr4tiv¢￿￿ts 155.740 155,740 Totsl 1242343 l376 1,244,719 r4ETINCOME 217.912 RECONCIL￿TION OF FUNDS Total hJAsbrtyWfoTrvaTd i.0￿690 24J>92 1.084.782 1,278,602 29,(KXI 1.307,602 P4e 18 OJLtillueL.

COi£HLSTKRAXCHAKOLOGICAL TRusf LIWTED Note5to Iht Fkn*o¢la] Staternellts. ¢oNthM lor IbeyeareThJed31$tM2rcb2024 IL TANGIBLE FJXKDASSM FrAlures Pknt4rtyJ Moior T¢rkts At IstApril 2023 451.140 11700 45,656 22,840 27287 540.783 22.84Q At 31stMarch2tr24 4SI.140 1fi700 68,496 27287 563.623 DEPRECIATION At 1st ApEiI 2023 awg¢foryeBr 6.680 3.340 30.679 6.905 12.653 3.658 50.012 IJWJ At31stMar¢h 2024 10.020 37,584 L&311 63915 NET BOOKVALUE Ai315t Match 2024 451,140 6￿80 30.912 10,976 499,708 At31$tMar¢h2023 451.140 10,020 14.977 14fi34 491771 10.000 13. sfocKS 3113r24 3113123 ocks 2.198 1198 14. DEBTORS: AMOUNfs FAILING DUEWITHINONEYL4R 31t3124 31n121 TTrdBdthtots AMD￿ tuoverdblethcoDfft¢t Othttdelkn 199,541 267,366 450 445,412 337228 6.315 467J57 &955 Pigt L9

COLCHESfKR ARCHAEOLOGICAL TRUSTUMITED io tbe FlllndaiSlaltrnonts. tontlllued forthe y¢BrtDd¢d31Stm￿b 2024 IJ. CREDTTORS: AMOUNTSFALLINGDUEwfIiillY ON￿ YUR 3V3124 3113123 Bal￿1(￿￿0[￿l Dverdt•fts Is¢¢note 17) Tradectedilo S(Kia] 5e• End othertsK•8 VAT 3.088 15,842 20.012 19,754 121.357 00￿50 156Whl 6J75 55,678 144,444 6J75 AccDJats illdd¢f¢ThJ Ir)co expcrL4es 308,( 391.742 I& CNIDtroRS:AMOUNfs FALUNGDUEAFTSRMORETHAN ONE YEAR 31n124 3113r23 Bank lo3￿{ace[￿le 17) 98,J60 17. LOANS An9￿11y$l$ ofthfrmqwrityof103J]sis8ivM b¢iow.' 3inn4 3113r23 fIll￿8 duewithin 0￿year￿n dernaThl.. Da)k lo3￿% 3.088 7J AThwxuyhllin8bdween one And NOye￿.. Bank lo3￿ 14yraT5 26,516 32.988 Amounts fallingth￿)r￿mOrtth￿ fiv¢yeav.' R¢pAyabkby UL%tsim¢llts'. Bankloans more5 yrby inml 71.644 6&395 18. SECUREDDEBTS Tr fOlloThryngS￿r¢ddEbts r¢s￿lUdedwlth￿crrdtIo￿5.' 31A124 31ntt3 Bank Iollns 101,248 101773 The ballk Iw i% secured on th¢ pnwiy kDowfL Cl[￿4 The Ioul iB repay￿￿ by ul￿7￿¢th￿bYFebn￿2038. Th¢ t￿[￿￿ thtere51rd* is4.35% Pa8¢20

COILHESYERARCHAEOIA)GICAL TRusfLIMrrED ￿￿tI tOth¢FJDa]Ki￿ St•temeuts•tonltrLued forthéyear emded 315tlllartb 2124 19. ANALYSJSOFNET ASSEIE BrfiwEEN FUNDS 3113ll4 Tofai 31ll123 Tothi Fixed 1ssos utrentassBIs OJtrentl2alMlirtes L¢n¥tem) liabiliti¢s 499,708 1.076.756 (308,0001 (98,1601 499,708 1,115.n2 1308,OiYJ) (98.160) 4￿.77] I J09,956 (391,742) IIOlJ831 38.966 1.170,504 38,966 1209.270 I J07.602 At31 M&Mh 21120 To Tangible fixed&%s¢ts 473,IZ7 428,773 473.127 459,793 31,020 Cumi li8biliiies LoJ)gtemiliibilitit8 Provisionsforliabililie4 1124,8221 (124,8221 588919 31.020 619,939 At 31 Mar¢h 2021 R&titcte4J TolBI TaD8ibtefixedaEsets 470.484 541 J34 1154,286} (118,403} 470,484 568.692 1154.2861 (Jiwi 27.358 CUrre￿lliAblbttes gtttm liabiliiieg Prov1M￿ foi liabilities 739,129 27,358 766,4 Page21 ¢ontinuei..

COiLHESTERARCHAEOLnGICAL TrUST LIMITED N•te$to tht SttemeAts- tonllnutd fortheyearelldcd 31stMrth 2024 MOVENIENTIN FUNDS N¢t m0ven￿l iD knds At 114123 3113n4 Unrestrlctfd fuHdJ 1278.6W2 1118.4571 IQ159 1,170JfyI Re51rfried fujds Frcd&NichoLgLiiY4ry FuDd Roman Circu5 C¢ntseFund 1,233 193 4,846 2.000 (751 {&713} 1,861 Arts Appr*lFund Cu¢usQntreFw LocElityBudg To1￿M0d¢[F￿Thd CiT¢US BookldFwd Ektiuge LoittyyEmgettncyFuLwA RCCGard#llllg SeedFundin8 RCVC ModelRoom CBCGr8nt$ JorrttF￿rOrdB￿UesE Silv¢¥Cup M￿l¢Upke9￿ Royd Anilloy Fur 1971) 345} 1800 528 3,833 3,255 2,145 1.084 419 438 1910 1264) 1264) 3.833 (3,2551 f2,1451 (7671 (3171 12931 14381 4931 (4171 325 1.5 27.350 J25 1,5W 27,350 20,125 (lQ1591 38,966 TOTALFtiNfA8 1,307,602 (98,3321 1.2W,270 Nc¢movetnent infiTrd¥, in¢llldcd iftthEknprex¥ follows.. moven￿￿t resourc￿ ¢xpellded thiljj Unrestriettd &]nd I.I31.702 11250.1591 Ri%trnt¢df￿ds FredaNicTr￿lS LibwFund Bemard Coibron Fupd cl￿￿5 C￿trFU￿d Towrtmodel Fu￿j Futtdll RCVC Mode] Rwjn Jan¢1 Fvlford Beqllest Silvercup MosAicupkeep RoyalArtillery Fw (75) (7.393) 1751 Q641 13171 P931 (4171 (2641 12931 (4171 325 1,500 27.350 325 i J 27.600 30.105 19,980) 20.125 TOTALFUNDS 1,161.807 {126Q1391 (98,332)

COLCHLSTERARCHAEOLOCICAL TRusf UMITED f•rtheyer eDded 31¥tMarth 2D24 2Q MOVEME￿ IN FUNDS.¢ollilnlled Ctympvtlwes for￿￿em￿l￿funds N¢t Ai 114122 31r3r23 UThr¢strkted Genernl fvnd 217,912 1.278ffjW2 Restricttil fund$ Frcda Nirhol$ Libtary Fund Roman c￿￿centre Fund Berts￿a Colbr¢J MemoJiEIFund Ans Appeal FurKt CiKusC¢Rtte Fund t￿41)EY Budget TownModelFw Cwa]s BtN)kletFuDd Huitsge tntEeryEmg¢rewF RCC ￿￿deAll Seed FUnd￿g RCVC Modcl Rrx CBC Qr8nts JwIBtFU￿0Td Be4u¢st l J72 (621) 4.846 13391 814 IA13 193 4,846 2,OLK 3 J16 2,300 528 3,833 3y5 2,145 918 5fK) 528 3.833 3255 2,145 1,084 419 438 ¥io 419 438 2,910 24.(V)2 4908 TOTALFUNDS 1,084,782 222,820 Comp¥t#tiv¢n¢¢mD¥¢m#rtl# Ilw&, I￿l￿d*ll￿the9bO￿aYe¥s follows.. ID bjr unr￿trI￿¢d fvlldJ 1.460255 (1.2413431 217912 R¢5trlthd fuDd$ FrediNid￿16 LibroryFuDd lJ39) (339) 814 SW 814 d FwOin¥ RCVC M¢dclRDf>nJ CBCGrdnts Jan¢t FuJf¢rdB¢qu¢# 18Q) 419 438 2,910 162) 11%14) 7,284 (2,3761 T(YfAL FUNDS 1,407J39 11244,7191 222.820 Page23 continue4t...

co￿HESrERARCHAEOL(lc1eAL ThUST LIMfYED Notest• the FlTraThdal StataDellts- contlnued fOrtheYtsreL￿d 31stMarch2024 MOVEMENTIN FUE4DS.¢ontiAued Aomtstyear 12nwJth and￿JOr￿ l2mortths¢￿F A￿A￿eLlFUL¥j CentreF￿d LocHbtyBudget TownModelFulld CiE¢U% BooW&Fw Herita8¢Lfft Ew8et¢ncyF RCCfjardeDill8 S¢¢dFw￿lll8 RCVCModel Room CBCGrants JaTh*FulfordB Silver Cwp 814 16.7131 1.867 INO 1971) 50D (2641 (13451 2,300 528 3,833 3,255 2,145 918 18QQ {2641 3.833 .2551 e,1451 (7671 438 1493 325 14381 (14931 325 Royal Artillw 27,350 27,350 24,092 25,033 {10,1591 38.966 TOTAL Ft]r4DS I￿84.?82 124,488 1,209,270

COLCML¥fERARCHAEOL4JGICAL TRusfLIMrrED Notes io the Fknauclal Stiemellts- contlllued [orthEYe￿¥￿ 31$iMarcb 2024 A year J2 LlloJttb5 ￿ ptior year 12 cLThjbI￿d ￿￿h￿l¢d ill th¢ abovo as follows.. In¢omiDg Rtsowces Movement UllrestFl¢ttd fuDds fjencral fillHI 2591.957 (2,4W02) 99,455 Re5tr1ct¢d FFed¥Nichol$Lièrary Fwd Rompn Csrw C¢ntr¢ Fund Berna[dCOlb￿JIm¢￿￿liaIFUTha CitCU5 Centre Fund L¢¢ality Blld8el TownMod¢l Fund S¢tyJFundtiL8 RCVC ModelRoom CBCGrdllLg Jats¢i Fulf0￿ SilY¢rCup Mosaicupkeq) Roy41 A￿[1￿ FuDd (414) {414} 8L4 16.7131 {9711 814 17,393) (971) 500 I2￿) 0￿) 13741 (621 2311 246 120 438 2,493 325 SW 4.724 325 Is 27,6fK) PS01 37,389 112J56) 25.033 2,629J46 12,504,858) 124.488 betsv¢t funds Dursn8 the yeat ttan5t¢tt were ]llad¢ ftDm filljds pr¢viousty arcL¥JThtcd for as whith *bJally did TrJt choiCe￿d should Ih¢reforehaYEiw shown asgcnual fund$Th0tT￿tsia¢d. 21. REIATED PARTYDlSCtAISU Th￿¢￿￿¢[￿￿]at￿JXrty It￿￿￿￿][L￿(Drfk¢Y¢arelth1jIS1 MaTcb2024. Inthtne of £144,444 [￿13. £L56,8041 ha5 been defctrd The defargd Inco￿ relates io ￿lting ofi Rq)ttt tFAtiS4>ngoing. Page 25

CoLCHESTERARCHAEOU￿[cAL TRusf LIMITED Notr$ tothe F￿￿2[S￿ttmtnts- conlltLUtd torth¢y¢xrtttdedJlstMarel 2024 23. PURPOSESOFFUNDS GeReral Fund Ihe genetai fi￿￿LSun[estnCttda￿dho1ds￿mvbted5uTr1Uses forfuhue¢haritsbleadiviiies. ArtFuDd The restricted fund LllSts of Jlmd4donaled fortheputcknof prtf¢rthoviEilorsttntr TheTt&tstd ibtyJi$foTthBcreationof abtsjklet •b¢ulthB Vilit(xettth. Fred Nlthls Llbrary Fund The restrIrt￿ of fivhts frrAll the P￿d& Ni¢1￿￿ Pmf4 wthich ext￿ to eswblith a liiw for theT11151. Locallty BwdE¢¢ Th¢ r￿cted fll￿d is ftom kul cOUr￿lI10T tow3rth impro1￿￿$ th¢ celltr¢ and the sttee¢ si forih¢¢¢tttr¢. P4*26

COLCHEsfERARCHAEOWGICAL TRUST UMITED DethliedStstsmcDtof Fin￿￿￿A¢ll￿1tt¢s fortlye4r ￿ded 31sl March 2024 1113124 31nn3 Dondtyo$atyd legades 7.319 Other tradlugacllvitlES FL¢ldwotk C¢DtraEts PublKxlion and Mi￿￿¢(￿% 5ate5 RorollttCinsCatU income Romin CitcusCufftlJÉre 971,957 1,448.7 3.721 1,583 6.703 5.443 984,￿3 1,459J64 IDV¢StsncTrtinttyJll¢ DE￿11 accoulll inlcr&s1 856 1,161,807 1,467.539 EXPENDMIRE Costs Df fiddwotk£nd publicatims Carerullnl￿Q¢ts$ts WE8C 141,937 4211 80DJ52 70,881 16.699 5,6JQ 171255 70,120 15,847 6,831 4,265 Travel alldsuknstenee Comwerandw¢bs¥t¢¢•sts Townmodel (osts Bernard Colbronco FredaNicho15L¥>Sts SpAFundingcosts GeDtsal 264 7J93 75 317 2J52 339 80 874 62 l J14 jA￿¢¢Fulf(*d RCVC No de8¢rtpikn 417 293 250 1.055J94 1.088.979 Supportco 711Q21 6,046 922 61563 5.301 SociBJ security Sundries Ctyi¢d fo￿2td 7￿89 68,778 TJMsrAgcdoes not fornipartof thBstakntoryfllJaDcial stAlenKry Pagc

COLCHFSTERARCHAEOLOGICAL TRusf LIMtTiD DetAlkd Stst¢ment of Flll9lldalknlrftles fortheyc1rtDd￿I3l5¢m1reb 2D24 3113124 31r3123 76,989 6,738 68.778 2.437 ExlemAITTrthinkand wdfare 83.T27 71215 Bznk c Mor￿ge 369 4,978 108 io.oio 5.Y7 Otber 2,260 6.224 14,279 J,270 357 5,422 137 7,198 ID.730 3,340 IQ08 5.457 L￿￿1 8nd hoat T¢lwknn¢ PosIase￿I￿￿iC Sundri BooksxlpublicalioD Suknptiotys 14,817 3.156 2J90 5.008 9514 48,828 3,340 6,￿5 3.658 Planta¢Ylmachinery Fixturesand fimiy 108,853 64,152 A￿jItOrS,[wtrume[atlQn AL¥litorlrAnuneration fornthn*udilwork 3.750 1868 3,750 475 618 10,225 1.260,139 1,244,119 Net{eX￿nd1￿)￿Th¢&the 194332) 221820 Thi5pa8e dtts t￿ fOrnp8nof￿ 5tavJW finao¢iaistttrnMts