BRITISH ASSOCIATION FOR LOCAL HISTORY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Charlty Number 285467
BRITISH ASSOCIATION FOR LOCAL HISTORY FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 LEGAL AND ADMINISTRATIVE DETAILS REGISTERED CHARITY NO: 285487 CHARITY ADDRESS: Sl James House VicarLane Sh&ffie SI 2EX BANKERS: Cafcash Limled 25 lthng5 Hill Avenue gs Hill West Maniry Kent MEf9 4JQ INDEPENDENT EXAMINER: K R Coopar BA FGA 0¢4 Moc¢re (South) LLP The Quay 30 Chann81 Way Oc*an WillagÈ Southampton S0143TG TRUSTEES". Dr PR Dryburgh I Chairl Dr l Taylor l Tr8asurèrl SG Anstee de Mas Di John Chandlar DIJE Goldin9 Dr DM Gonzalez T Hamilton Prof D llIngraY DrT L¢mos DrJ Mackman J Saund8ES Or J Southem DrA Webb LA Yeoman
BRITISH ASSOCIATION FOR LOCAL HISTORY FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 CONTEwrs PAGE Trustees. annual report 1to5 Ind¢pendenl exa))inerfs r8port lo the trustees Slalement of financial activities Balance sh•et Notes to the financtal statements 9t013
BRITISH ASSOCIATION FOR LOCAL HISTORY TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 The TnJstee$ present their report and the unaudited finarKial statements ot thè Assoc4ation for the yeaT g1)dl 31 December 2023. REFERENCE AND ADPAINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS The Charlty Is known as BTib"sh Asso(i81ion for Loc41 History IBALH). The Assouation is registered with the Charity Commission, règiatered wmber 285467. Tha princApal address is BALH Head OffrE. St James House. VKar Lane, Sheffield. S12EX. Trustee8 RecruFlm•nt and Appolntsnents trustees are elected by due election praces$. The trustees who seryed Ihe Assoriatton during the yearwete as fdlows.. Dr Paul Drybgh (Chairl, SG Anslee de Mas ltrom June 20231. Dr John Chandler, Jane Gdding, Dr Daniella Gonza]ez. Tim Hamitton {frorn May 20231, Professor Davld KilliNJray. Dr rim Lomas. Dr Jonathan Mackman Ito May 2023). Susan Moore (to May 2023), Joseth Saunders. Dr Jack Southem. Dr lain Taor. DrAdrian Webb, Laura Yeoman. TheA3sociation's bankws duting the year were Cafcath LOmile(125 King5 Hill Aven, Kirws Hill, West mlIng. Kerrt, ME19 Q. The Independent Examinw is Mr K R Coopèr of Moore ISrJthl LLP, The Quay. 30 Channel Way, OcB8n Village. ShaMptOn, S014 3TG. STRUCTURE, GOVERNANCE AND MANAGEMENT TheAssociation is an unincorporated charity govemed by an elecled Body ofTrustè8s, formerty known as the C(xJn(il. The elected membèrs of the B¢)ty ol Trustees ale the trustees ofthe Charity. Trustees are listed elsewhere in this rèwt ith offir$ ofthe Assooation and membeis of the thsory wmmittees. TrustEes mel fcw time5 and Éh8r6wèr8 thre8 adVSOry committee meetsnys during the year. OPJECTJVES. ACTMTIES AND PUBUC BENEFIT The AssorAation's purpose ts to piomole the advancemant of wblic edLulion throltgh the study ol local history. tt aims to achieve this by encoura9in9 8tKI a55i81ing the sbjdy of loeal history throughout Great Brilam as an academic dISle 88 a rewarding leisure pursuit for both indivithals and groups. In planning our actiwtias fr thÈ year, we kept in mind Charity Commission's guida Dn public benefft at ourtrustee meeting& During the year under review, a project to examin6 thÈ A$8ocialion's Vision and Mission has been launchpxl. Lèd by Jane Golding (Vice Chairl. tris has involved drafting 8 vision and mission statement for approval by trustees 8TKI underpinned by tsvo collaboralivé workshops with tru¢$ and extemal partners in cognate organisalions (Historical Assc¢lth"on. [Thstite for Historical Research, Federatson of Family History societies etc.) to exploie why we do what we do. for whorn, and how we might work better with olhers and bn.ng more divgrse Vol into our ganIsation and the Icthl history wortd. Thg work Is Ongng and the intèntion is lo present a new Msipn and Mission ststement to the AGM in 2025. The lrnslees ha 81s0 approved a new Risk Register. whith examines risk. its likeliTrMyxl and impact ana any miti9th'0n. In all these endeavours the Twustees are grateful to all thosè who support 8ALH whether on paid Contracts, on committéès or as volunteers without whom the Assoc4aiion could not turu#ton. At 8 b.mé of continuing flwc and Ltn¢¢rtalnty, the officer4 trLth knxly. ubntracted staff and committee rnÈmbers have demonstred ¢xceptional mLrtual support, ingénuity and sheer hard work In providing o)ntinued exlIents in publi¢xbons a tansible botsst to how the Association en9agos wilh members and non-members alike in the digital sphe.
BRITISH ASSOCIATION FOR LOCAL HISTORY TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 We conb.nue to offei Su[3ce lo our sorAety members to covertheir actNitie& Merthrs can now also1n Ihe Association and pay th9Sf subs¢fipknns by Direct Debit. A digrtal subscription has been made available to m8mbefs from December 2023,. digit subscribers wll still receive access to our publlcattons and events but no longer receiv8 hard-COPy journals Al the 2023 Annual Gonerd Meeting the Irustee5' recommendation for an IneaSe in subscription rates for all categories of member (with tha excèptittn of Students), in order lo meet costs and wnlinue our activities, was approved. Rising inffalion. management and Inting costs. investment in our digital and outréach officers and the collaborats.on with the Historical AssoLiation Idthled bdowl, 1 ofwhith feeds into our outreach and ement 8ctivitse8, account for muth ol this increase. AcH1mENTs The year in review has again been te across a nurnbBr of fronts. Local hlstorians are noweornfortablè nagaI1rrfj arthives rÈmolely and iThperson while digital technology irKreasingty facilitates research and dissemination. Nevertheless, fhe value vl [a10-ace conversations and resèarch with Olre1 records remains hh, and w¢ 41¢ now see an Inueaslng number ol $n-perX conferenS and seminars. Iuding plans for our o•m. In terms of publications. while the Asstiu8tion has not pulAished further handboob 01 otherworks in the year under review. the propospd mu1tl-autlr vdume on Uwng Archives is now well undeNay wth plans to publish aiound the turn 01202412025. Other volurnes on Intww&rLtse81 History and Staffing Afresh." MigratiOfR in BlaIn moving towards developmènL A suite of other liues is n bwng Condered arbd edilors are being sought. Our wÈbsitÈ has developed into a f¢yum lor indiwdua15 and sorAetEs and is show81ng several resources. The è-newsletter IpuiAished roughly bmOnth[y) has grown exponenb8lly to indude a Vdngè ofnews arKI short research features for rnwni%rs. To some extent. drgttal drive8 the Assoaalion's regular engagement. The Digitsl Team (Digital Manager, Paul CartÈr.' Digital Contant Str8tÈoy C(x)rdinator. Dr Megan Kelleher," Digital Content Coordinator. Catherine Warrl are now at the forefront ol produang a)d deliveiing local history content online. Our soci81 mÈdis offeri continues lo grow a¢[& all of the main platforms, allWing US to sharè nÈw online content and engage the A8soGatK)n in online discussion and growth of local hi5tw among new audenees and (xjmmunities. Th's induded a variety of skn"Il$ webinars induding'Effective Social Media lor Local History (February), Loral and Fami History, and'Archiwing Your LOCAJ History Collecb'on (with t Elle Pridgeonl (Marchl. Seties 3 of our Local History Matters podcast featured four episodes on Global Mobilibes, Llsing Ariaeology and Material cLUre in L¢MI History Reseatth. the historical representation olwomèn in 18th-centsry W8lÈs, and War Dead Remembrance in Nottinghamshire. In thè year under revie the have also en seveTal cdlaboralive events= wetrlnars on The Importance of P18e£ in Lota History (Else churchill), in Collabation wlh the Soaety ol Genaalogists,. 'Investigating Institutions, wth the SetyfQr One Pla Studies.; and the second an#1, fow- tectur& programme Mnth the Historic Town8 Trust {January-Aprill, wheré topics included the history of Swansea. the Layers ol London web resouTCe, MapFing Urban Britain.. a Scottish p6rspectivÈ. and th8 Historic Town ol Beverley. Another programme ol thesè &)Jlaborative lectures is being scheduled foT Spririg 2024. Digbtsl events are delivered at discounted rates for indiwdual Enember8 (often at no charyJe) and mernb8rs of mémbÈr stirietie5. The Assouats"on tMs ot59 run its second annual Local History Phologiapher ofthe Year and Young Lo&ql History Phologiapher 2023 COmpetOn$. encouraging submissiorts ol photographs on locsl history Iwc5 and short caption5 that wnvpy a per50n& and local meaning. The collaboratson Pharos TuioTS to producè an online cwr88 in local history has t£en repeatsd with ourVi¢e ChaiT Joè Saunders taking the lead. Our partnership with the Historical Assouation lo demse. develop and d61iver a Teather Felkmhip scheme has now come to fruition. New teachiny r6source# have been owted by the teacherf¢llows,' these are a¢ssIble thg Ass(Kation's website and constiiute around 8 dozen ca89 studies for primary and secondary history teachers across England and Wales. Plans for all in-person events are boing rjoveloped.. although 2023 proved difficultto ganise our own events. Ihe Associab'on re-8slabli5hed at several regional and county lo(xl histo¥ical Confee$ ar¥J tsir4 8nd we hope to conlinue thls in 2024. COMmI£Es Much of the planning and organSsafjon for a1v#S and events was carried out by the arlvis¢)ry ci)mmittees, Chjtrea (thred by J08eph Saundwsl and PutAishing Ichaired by Dr Jthn Chandler), whith rnet th limes during the year in Fet¥uary. April and October.
BRITISH ASSOCIATION FOR LOCAL HISTORY TRUSTEES. ANNUAL REPORT YEAR ENDED 31 DECEPABER 2023 PUBLICATIONS Edited, respectively. ty DrAtan Cmsty xnd Andrew Chawan, Dt Heather Falvey acting as R8Vi8ws Editor. our tsvo flagship quarterfy publicatKJns. The Local Historian and Local History hfèws, remain central to the work of BALH. promdiro articles and informatwjn on local history across Britain. and offering a source ol inspiration and guidanee for best practi in local history resèarth. a8 well as a series of well-regarded awards. There has been a slight change in the lication schedule in older bBttef lo align with the membership renèwsls. Our web&le has (kveloped into a forum for iru1ldUaIS and soaeties and Is $how¢asing several new resources. The Directory ef Local History Societies. compiled by Dr Jonathan Mackman, is dosèr to ctKThpletion and allows sodeties across the country lo contsct e other and attract mèmbèrs. The website now hosts a growing blog and suite of TeTrMinulg Talks. short vide05 giwg bilesize introductioRs to extremdy wide-ran9ing topl&8. The trnew31etter Iwblshed bMonthlY) conb"nuÈs to Indle a range of news and sF¥Jrt rosearch features for rnber EVE$ Slephen Miller. our Outread) CIMxdinalor. has been working to $tr¢amline the management of our diversit9 olfer a$S blr2tions, irkperson events and online programme. Althou9h we did not hogt a regionaj conference in Ihis y¢ar several are scheduled for 2024 in Somersel. LInnshire and the Home Counties. Keep in Iwch th Locel History Nèws and the website lor more detsils. Howèver, th8 Association has established a regular pSer at local and regional confeTerKes Ènd general meetings, thrs year nolably in Huddersfiekl. Manchestèr, Hèrtfordshire, Devon and SomerseL Our third annual Winter Ledure. sd)ethlèd for 14 December. dedicaled to the memory ofthe Assouats"on's f0ftner[ Chair #nd Wi PiesidenL Profess David Dyfflond, had to be cancelled duè to unforeseen personal arcUfftStan. H(Avèver. Piofessor Fiona Edmonds 11 deliv&r her Le¢ture in March 2024 on 'Northumbiian institutions reconsidered: th Upland commUne5 in medieval Brrt8in'. Loeal Hlstory LI". folkwJtTrJ the experiment to host a hybrid Local Hisiory Day aTh1 AGM in June 2021 the trustees mÈde the deasion lo uno)upJe the Annu81 Gèner81 Meeting from an annual Iw¢ I01 history lebratiOn. The 2023 AGM was held on 18 May and featured a fascinats.ng presentation trom trustees Professor David ]fjllingray and Dr lain TaWor on 'S8ven08ks, 1790-1914.. Risk and choi,. In Septemb8rthe Association held an innovative evenL 'Local History Live.. Broadcasting from Th¢ Nationd Archwe8, and despitè som6 sTe technical issues outside our ¢¢nlrol, the programme broh1 together a coll8cb.ttn ofprèrecord8d lectures lon RaitvBy kcidenls. Using the 1921 Census for Loc81 History, Devon in the 1920s and Lo(sl History Context to Female Parfiam&ntary Repftsentthon in the Interwti Periryffj. panet discussions on the Local Hks10ry in the Digital World and th6 Fuiure of Local History (how we diversify Ioc81 histary and oaden tho audience basel. and a sagment wheTe members We able lo question ow local history supreme DrAlan Crosby on a wde range ol loy"cs. Our annual awards were also announced. and thè tetspients, varied achievemerts introduced. as were the wnners of ¢yJr collaboralTrv& 20sStreets o)mpetibon-a Ir1 history short story collaboration wth The Nalonol ArGhive5- V+lwdt induded a school history dub from Oakhil in LancasNre. The Tnjstees bdieve that the A5SOC4alion continues to run ÈfféthvÈty 8nd according to the con81itubon and rules of its charitable status. Const8nt attentn 15 being given to find ways and method8 for the Asswaln tc* funcbon more effectwejy in reaching a larger (xjnstiluency of peOe interested in l¢)cal history.
BRITISH ASSOCIATION FOR LOCAL HISTORY TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 FINANCIAL REVIEW The last finandal year tumeil out to be chlerrfJing. but it also saw significant progress. sin the greater part ol our ino)me comes from subscriw-ons. the numbw of mwnbers we have is dearly m05l important. Calculating that number in the middle ol the renewals season is difficult, bul as at 1 Marth 2024 renewals totaM8d 1.942- signifieAnUy ahead of th8 equNdenl date in 2023. en ty stood al 1,728. The financial statements are sxesented on pagès 7 10 13. The income and expenrtite account 5ht)ws that lotsl income fdl 4%. from £139,483 last year to £132.171 ti) 2023. As eveT. the vast majorty ofour income ¢om¢s from subscripb"cffis. vknich fell marginally, to £120,076 in 2023 fiorn £120,720 2022. Expenditure increased ightty from £149,889 10 £150.818 this year. This meanl that. overall. we made a net Irading. h)ss for the year 01 £18,310. WhEn Ihe g31n on the investment portfdio of £483 is induded the total loss for the year was £17.827. Notes 4 atvj 5 prowdè a dÈtailÈd breakdown of the expenditu. LosÈès of Ihls rna1[de are ckarty unsustaineble and the Boar(I has taken decisTve action lo stem the oufflow, whilst retsining the very populw digita offerthat we continue to inwt in. The ending ofthe Teacher Fellowship scheme wll save about £7,OOCI a year and the revisions to subscripl"ons, whith were ernphatically approved by members lasl yoar, are èxpÈetèd to gènerate additional Irome during the uIrr year of about £10,000. This is additon to the printing and P08tsge savings atising from ab)ul individual and socièty mèmbÈrs thotssing not to receive hard copies of The LtThl Hlstsiarb and L¢)cal History News. It is noteworthy that nearty 30% of members in those categones have elected to receive those wbficatiffts digitalty. TW $1 s8n9$ anrl enhanced revenues wll combwie that BALH should be (lo lo breaking even in 2024. Aso al th¢ 2023 AGM members resolved lo convert BALH'S axcentch8rity slatus to a ChltaNe Incorpcyaled Organisation ICIOI- Doing 80 invofves legal and other expenditure and, in the light ol the l¢)sses made in 2023. the Board deade(I to wart until this year before pursuing this option. l am pleased to teil m6mb8rs that a fwm ol solicilors is in the pr9$ of being appoittsd to oomplelo this pro$8. hopefiJNy before the current year end. Tho not 85se15 OftheAsSiation decreased by £18.310, from £107.357 at 31 December 2022 to £89.047 at the end of 2023. From this, £1.991 rs held restiicted use funds, leawry £87,0 available lor general purpose use. As shown on note 8, the li8led investment h8ld by BALH is induded in the balarKe sheet at its market vduatlon of £9,631. During thè #r thé market value of the investment io by £. AI 31 December 2023. the market vaue of this UWtrnenf 81¢m bel¢)w original o)sl by £389. HiyNever. the Association's yearond balan sheet remans v6ry strong. knrith nÈt assets ofalmost£90,000. lis working cash posillon remains very satisfactory with £175.37912(r22-. £152.5321 held al bank an¢J in hand. The balance sheet frjr may b6 séén on pagg 8. RESERVES POLICY The trustees have rewewed the Charitys nee(1 for reservè8 in Snè Vth the gLSidance iSSLEd by the Charity ¢ownrni55ion 8nd arg aware of the legal duty to appty charitable funds vhhin a ie&sowwble lime ol receiving them and not to keep funds in eX$S of réquirements. Al the same lirne, the trustees hav¢ a ggneral pob'cy to maintain reserves at a level lch safeguards the organist(n against the general difficaJltie5 01 operating without suffiuent lunds. The Current balance of the unrestricted r$seNes is £87,05612022- £98.4511. The trustees have considered the ¢zsh fl(NY implications of current ptans for development aThl expec this banc& to be leed o)nsiderably over the nexl years. The Association's continue to be held frx th8 fvrtheran of its otl'ectlves. Apart from restricted funds of £1.991 there are no other rÈstlldtons ryj these funds.
BRITISH ASSOCIATION FOR LOCAL HISTORY TRUSTEES. ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 TRUSTEES. RESPONSIBIUTIES L4 8ppb'c8ble to charilies in Englan¢J a1 Wales requires the Tnjstees tts ptepaie financ4al statements for èath finanaal year whith give a true and fair vi6w of thè Charity's financ4al activfties dudng the year and of its finaneial position 8t the end ol th8 financial year. In preparirKJ the firaj Statements, the Trusteès shId frllow best practi and.. select suitable 8la)unting policies and then 3Y them consislenty, makejudgeinents and estimates that are reasonie and prudenL and prepare the fiRawal slaleffien18 on the going coneÈin basis unless it is inappropMat& lo prèsume that lh& Charity wll conl¥iuÈ in operthn. Tho Trustéès are responsible for keeping proper arxnunbng records which disc105e wth reasonable awurary al any time the finantial wsition of the ChaTity and which Ènablè them lo ascertain the finanoal posrt(on ofthe Charty and engure that the fin4nTho1 ststements comply the Charities Act 2011. The Trvsleas ar8 also responsible lor saleguarding the assets ol th8 Charity aThY hence for taking rSonable steps for the pr8v8ntion det8ction of fraud and other irregularitses. Ths rèpc*t and the financial statemerrts have bgen wepared in accorilancè wth the Statement of Recommended Pi&Xi¢e Fin8nual Reporting Standards appcate in the UK and Republic of Ireland { FRS 12). Approved by the Trustees and stgned on theii behalf by Dr P8vI Dryburgh Char St Jamès Htsuse Vicar Lane Shoffi¢ld S12EX
BRITISH ASSOCIATION FOR LOCAL HISTORY INDEPENOENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 31 DEGEMBER 2023 I report lo th8 Trustees on my examlnat6on of the accounts of the above Charity {Ihe Twsl) for thg year ended 31 D8cember 2023 sel out on pages 7 to 13. RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE INDEPENDENT EXAMINER AS the Charitys Twstse5 you are responsible for the preparalScfi of the accounts in accordance wth the réquirements oflh¢ Charities Act 2011 rthe ACV). I rekX)rt in respect of my examination of the Trust's accounts carriad out Lmder section 145 01 the 2011 Act 8nd in cairying out my examination. I have follovwgd all the applicable Directron5 given by the Charity Commisgion under Section 145 (5llb) of the Act. INDEPENDENT EXAkllNER'S sfATEMENT I havè completed by examinatHJn. I confim) that no material matt&rs have eome to my attention in connection with the examination whith gives me caus8 to beTheve that in any malerlal resp8Ct'. thè accounting records wgre not kept in accordan with sedion 130 of the Charities A¢t or li) the accounts do not accord with th8 ac¢ounting records.. or (ui) the accounts did not Comply with the appli¢able requrernenls coneeming the fom) and conlenl of a¢wunts set oth in Ihe Charities (Accounts and Reports) Regulations 2008 other than any reqLMTement that the accounts give 8 true and fair view which is not a matt8r ¢on8idered as part cf an independent examination. I have no concems and have come across rK• other matters in ¢onnection wth Ihe examination to whi¢h attenl*)n should be drawn in thi3 Teport in orderto ebale a propar understanding of the accounts to be reached. JL¥L)L K R Cooper BA FCA DChA Moore (South) LLP The QLtray 30 Channel Way Ocean Village Southampton S014 3TG II-J 204-
BRITISH ASSOCIA710N FOR LOCAL HISTORY STATEPIJENT OF FINANCIALACTMTIES YEAR ENDED 31 DECEM8ER2023 2023 20f2 Unrestrfctod Funds Restrtct•d Unr•$tri¢ied Note Funds Fynd¥ Total Funds Toial Furbd Funds WCQME FROM.. ChaLtabbgtrliLfflte$. Sub8¢npiion8 Pèrish Chest incomè Gift Local Hislory Day Taunton Regional ConferanLYJ Oigiial EvoDis 120,076 120.076 120.720 120,720 5,235 5.236 1,495 5.726 1,15$ 1,106 2,8B6 4728 1.15$ 1.10 1,8e7 1.e67 Intuest¥rO dNidgnds receiv4blE 1.Q)1 1,001 459 459 bidgrssJ&s PaupBrs PdaG85 mislE£03 Irwno Direct$5 Poslogg on Publ¢au$ 3.fj83 3.183 10 10 1e6 248 400 1.000 2,258 283 243 400 224 22 PuUi5hpts' Compensation Puuishers. LlcÈn¢e 1.124 1,124 228 2.256 283 TOTAL INCOME 10 132,161 1J2.f71 139A27 139.483 EXPENDITURE ON: ChantaNetiwlie 99.309 99,309 104.327 104,827 Govfmance ¢))8ts S1,509 51,509 45,362 45.362 TOTAL EXPENDITURE 150 81B 150 818 149.689 NET INCOMEIFXPENDrruREI BEFORE GAINSIILOSSESI ON INVESTMEMtS 11&6¥1I 118,647Tr 110.2821 IqQ.2061 NWgainslOosse81 on inv6slmen19 463 483 1.3D91 IIET INCQMEIIEXPENLVtUREJ Tvansforn bthmThlunds 1Q 118.1741 118.1641 {11.519 OTHER RECOGNISED GAiNS AND Lf)SSES UN¥81isqd gainlllL>s3lan revaluab.on ofstttk 11481 11461 15 15 I0VEmENTIN FUNDS io 118.3201 118,3101 111,6001 RECONCILIATION OF FLWDS: TDIa1d5 brought forward- 1 Jnu8ry2022 105.376 107.357 1.925 116,932 118.857 Totsifund& carrK•d loard-31 OecpmbeT 2023 f.991 89 047 105.376 UrrttiBtsd- general purpose Unrgstrikd- desl9n$i•d 87.056 B7.056 10 1,991 98.4S1 .925 98.451 6.925 1,991 1.981 87,Q 107.357 Thks slatemenloffinanclal inEhJdeBgll oaths •nd1058gSTecowwl inthe y88r. Thtr rtat•s OTh paw 8 to lJfonn p3rtofthoioffnan¢lal Stat•nrt&
BRITISH ASSOCIATION FOR LOCAL HISTORY BALANCE SHEET YEAR ENDED 31 DECEMBER 2023 2023 2022 Note CURRENT ASSET8 Trade debtors GiftAid Prepayments Bank Accounts stock Investments VAT debtor Accrued inrne 166 5,236 4,355 176,379 741 9.831 5.057 72 5,726 4,293 152,532 887 9.148 2,389 29 175.076 201.565 CREDITORS- Amounts falling du8 within one year Trade Greditors A¢uuals & other Creditors Defeed income- subscriptions in advance 14.952 5,906 91,660 112,518 4.704 3.367 59,648 67,719 NET CURRENT ASSETS 89,047 107.357 NET ASSETS 89,047 107.357 R•près•ntÈd by: Unrèstrlctèd funds- general purpose oping balance Surplus ftsr the year lo date Ch)skng balance 98,451 11,395 87.056 103,082 4,631 98,451 Unrgstrlcted funds- d•slgnatod Opening balance Defvt for the year to dat Closing balance 6,925 6,925 13,850 6,9251 6,925 R•stricted fund$ - Conferences Opening balance C105ing balance 1,192 1,192 1,192 Reslrict8d funds - Paupers project Opening balancé (Deffi¢itySurplus for the to date Closing balanee 789 10 799 733 56 789 89,047 107.357 The¥e finanu818taiementsw•ro approved by th6 Trustees on.... ... ..... Dw pa Dryburgh Tr• on pagw g to 13tonN partofthpsofftnanclal statsmen
BRITISH ASSOCIATION FOR LOCAL HISTORY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 1 A¢¢OUNTING POLICIES Basis of accounting The financial statements have been prepared under the histori1 cost convention. except for investments whlch are slated at market valuation, and in 3txord¥nce wth the Finanal Reporting Standard applicable in tho UK and Republic of Ireland (FRS 1021. thè Statemenl of Recommended Practic&- Aecounting and Reportlng by Charities ISORP ussued in OGlobgr 2019) and the Charities Act 2011. The Trusle8s have assessed whether the u8e of the going concem basis is appropriate and have consideied possible evènts or wndibons that mlght cast $ignfficant doubt on the a[ty ol Iha Charity lo ¢ontinue as a going Goncem. The Trustees have made thls assessment for a period of at least on6 year from the date of appVal of the fin8n¢ial stalemenls. In particular the Trustees have considered the Charl9 fr*re¢asls and projections and have tsken account of preSSUTes on donation and investment incoma. AftÈr making enquiries the Trustees havè concluded that ther¢ is a reasonable 8xpectation that the Charity has adequate resources to continue in operational existen¢9 for the foreseeabl8 fijturè. The Charity th¢refore continues to adopt the going cLJncem basis in Dret)arino its financial stalaments. The financial statements ara in st8rling, which is functlonal currency of the chaTity. Monetary amounts In these financial statements are rounded to the nearest pound. Fund Accounting Unrestricted fund3 are avalable for USÈ at the discretBJn of the Trustees in lh8 furtherance of the goneral objectives of the Charity. AM income and èxpenditure is shown in the Stslement of Financial Activities. Incomlng R8soiireè$ AJI incoming re$our¢es finduding legaeiesl ate recognised once thè Charity is entitl¢d to the resourcas. it is certain that th¢ resources be received and the monetary Val of income resour¢es can be rneasUr wtth suffic4ent r¢liabilty. ResouTces Expgndgd Liabilibes are recognised as resources are expendod as soon as there is 8 legal or c4Jnslructive obligation committing the Charty to the èxpondilure. All expenthlU18 8¢countsd for on 8n accruals basis. Deferrarl Incorne Subscription income receNed in advance Is deferred and treated 89 i10me in the Statement of Fina481 activities in th& yearto vthich it relates. Investments AJI investments hèld arè stated at their maTk¢l valuation. The Stat8menl of Financial A¢tivhles indudes the net gain8 or losses arising on revaluation and di$posa18 throughout tho year. Cash and ¢8tsh equlvalents Cash and ca8h equivalents indudtt cash at bank$ and in hand and short t8m) daposits with a maturlty date of three months or les Dobtors and cr•ditors Debtors and ereditory receivable or payable within one year of the repothg date aro carrted al their transacfitin price.
BRITISH ASSOCIATION FOR LOCAL HISTORY NOTES TO THE FINANCIAL STATEMEIITS YEAR ENDED 31 DECEMBER 2023 Not• 1 Continued Stock Stock comprises books and publieation$ for resale al the Iowor of cost or net reatisablè value. Deslgnatod fund Where part of unrestsicled funds is earmarked by thg Trustees for paajIar projects it is destgnated as a Separate fund. although suth designation does not legally restrict the Truske$' di3crelion to apply those fLmds for other purposes. Restrlcted fund5 Reslrlcted fund$ are those subject lo Specific coTrJitions dedared by the donor. Crltlcal ac¢¢unting e5tlmatos and ar•a$ Of judgern&nt In the Mew of the Trustees in apptying the accounting poliaes adopted. nojudgernent8 were required that have a significant effect on the amounts recognised in thé financial stslements nor Ik) any estimal&s or assumpltons made carry a signifi&t risk of material adjustment In the next financial year. 2 MOVEMENT IN FUNDS Nel movernent in fijnds forthe year is slated after eh8rging= 2023 2022 Independent Examineff3 fee Trusteeg, expen 2.525 2.525 188 There were Tru$t88s •xpÈnse$ reimbursed in 2023 of £012022: £188). No other related party Iran$a¢lions and no key magement personnel ( trusteos) compensation has taken place in the Yr. 3 SUBSCRIPTIONS 2023 2022 Subscriptions reIVed in the yèar D¢fgrrgd subscriptions incomè released from prwous year 152,088 59.648 211.736 97,170 83,198 180.388 Subscriptions received in wlwdnce (91.660) (59,648) 120,076 120.720 Deforred Subscriptions are membership fees received in prévittus year for current year. 10-
BRITISH ASSOCIATION FOR LOCAL HISTORY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 4 RESOURCES EXPENDED ON CHARITABLE ACTMTIES Unre$tri¢t9d Funds 2023 Unr•strletèd Funds 2022 The Local Histortan- including editorial costs Local History News- induding editorial rosts Web site Èxpense5 Editorial & Reviews Events and development costs History Fairs Local History Day Conferencesl Senwnar8 Bursaries Insurance scheme Teacher Fellowship grant Quartedy mailing costs Wèbinar lectures Postagel DI9$alln- publications Publications 26.099 14.192 11.275 1,208 7,875 123 1,863 351 25.492 13.745 10.820 1.150 7,500 105 6.447 1.109 14.840 6,925 12.537 14.2 6.925 11.246 1,515 2,173 1.711 104.327 Designated 1.471 550 99.309 There were no restricted fvnds 6xp8nd8d in 2023. or 2022. 5 GOVERNANCE AND SUPPORT COSTS 2023 2022 Support G&neral expenses and subscriptit)n8 Social media Adminislralion fees Di9ilal Engagement Fellowship Social Media Fellow Pr(nting and stationery Postage- genoral Travel Meeting costs Telephon& and Intemet Bank ¢harge$ Parish Chest Commission Zoom subscription IT Support 175 554 26.625 8.006 8.006 207 335 19.821 7.875 7.875 91 692 1.288 300 1.989 310 1.933 650 2.517 48,984 1.117 42.837 Govornance Independent examinèffs f89 2.525 51,509 2.525 45.362 6 CONTRACTOR COSTS Contractor costs during thè year ¢omprised of Ihe followlng: 2023 2022 Charitable Acliviti8s Support Actiwtss 35.821 16.012 51,833 34.225 15,750 49.975 In the Statemènt of FnCial A¢tiviti¢s editla1 and w8bsit8 costs are aggregaled thln the appropTiats expenditure catèwry. 11
BRITISH ASSOCIATION FOR LOGAL HISTORY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 7 STAFF AND RELATED PARTIES No remuneration was pard to the Trustees. Th8r8 were no employees in the year and 80 no emoluments were paid in excess of £80,000 in the reporting pèriod or in the prior period. 8 INVESTMENT- COIF Flxgd Intorest Fund- Incomo Units 2023 2022 F44arkel valuo at 1 January 2023 Change in value during year of investm6nts ld at ihe year end 9.148 10.457 (1.309) Market value at 31 December2023 9,831 9.148 Co$1 of invoslments at the year end was £10.00012022.- £10,000) 9 IJIOVEMENTS ON CHARITABLE FUNDS Brought Transfer betwoon Rbsources Incomlng Gain51 Forward Fundts Expended R&souTCaS (Lossès) Carrled Forwanl UnTestrlcted Deslgnated {al Restricted (b) (i) HLF (li} Anglo- Amarican (111) Joint Confèrence Total 98,451 6,925 (143,893) (6.925) 131161 337 87,OS6 (o) 789 837 355 107 357 10 799 837 355 150.818 132.171 337 NAME OF FUND. NATURE AND PURPOSE OF FUND o) Deslgnated Fund$ Funds transferred in 2¢J09 from CORAL 8rKI ALHT. amounting to £6.783. were eamarked by the Ttustees for ftre projects. In 2021, it was agreed lo support a Teacher Fellowhip program to the sum of £20.Tt5. The balance of £8.925 of the Design8ltsd fund has been expended in 2023 Igawing balance ol the fund as £0. and therefore bringing the d8sign8lèd fijnd to a close. bl Rgstrictsd Funds This pr(4ect vrd8 originated with HLF grant in 2013, and $iA¢e Paupers PalacEs ha$ bggn gener81ing $mall income every year wth £10 beiny gen8ra*Èd in 2023. Dumg 2014. the A&8ocialion received fvn¢Jln9 of £4,000 for thè AngltrAmerican Conference. Dumg November 2015, £532 was received a¥ a surplus from the JoÈnt Confar•neé 2015. 12-
BRITISH ASSOCIATION FOR LOCAL HISTORY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 310ECEMBER 2023 Note 9 Contlnu•d Brought Tran$fvr betwoon Resourcès Incomlng Galnsl Forward Funds Expended Resources (Lossosl Carrled Forw•rd Comparative figurés UDr•strf¢ted Dèsignated la} R85trlcted (bl (il HLF (ill Anglo- American (iii) Joint Confwanc8 103,082 13,850 1142.764) 16.925) 139.427 11.2941 98,451 6,925 733 837 355 789 837 Total 118.857 149,689 139483 11,294 107.357 10 ANALYSIS OF NET ASSETS BETWEEN FUNOS Unrgstiictod Déslgnatod Rostricted Total Current year Bank and cash Other current asspts Current liabilili98 174,388 25.186 112,518 {0) 1,991 176.379 25,186 112,518 89.047 cOmrative figures Bank and cash Other current assets Currtsnt liabilities 143.626 22.544 67,719 98.451 6,925 1,981 152.532 67.7191 107.357 6.925 1,981 13-