OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

(A company limited by guarantee)

CBA Registered Company No. 01760254 Registered Charity in England No. 287815 Registered Charity in Scotland No. SC041971

Trustees’ Annual Report for the period From 1st April 2021 to 31st March 2022

Championing Archaeology and Public Participation

Page 1

Patron

Our Patron was HRH The Prince Charles, Prince of Wales until his Accession as HM King Charles III

President

Raksha Dave

Honorary Vice-Presidents

Dr Peter Addyman CBE, former CBA President David Baker, former Vice-President of the CBA Professor Dame Rosemary Cramp CBE, Professor Marilyn Palmer MBE, former CBA President

Trustees

Mr K Smith, Chair (appointed 2017; re-elected 2020) Professor C Lewis, Vice Chair (co-opted 2016, elected 2017; re-elected 2020) Mr P Pollard, Hon Secretary (first elected 2022) Vacant, Hon Treasurer Dr K McCarrison (first elected 2022) Professor J Schofield (first elected 2022) Dr S Penrose (first elected 2022) Dr S J Elliot (elected 2017; re-elected 2020) Mrs F E Gale (co-opted 2018, elected 2018) Professor K D Lilley (elected 2017; re-elected 2020) Dr A Spaull (co-opted 2016, elected 2017; re-elected 2020) Mr J W E Taylor (elected 2017; re-elected 2020)

Chief Executive Officer

Mr N I Redfern (appointed 2 April 2020)

Resources Committee

K Smith, CBA Chair, CBA Hon Treasurer (vacant) Mr J W E Taylor Mr F Taylor (ex-Trustee and previous Hon Treasurer) Vacancy

The Council for British Archaeology was founded in 1944 for the ‘safeguarding of all kinds of archaeological material and the strengthening of existing measures for the care of ancient and historic buildings, monuments, and antiquities’ and to improve public education about archaeology.

Company registered number 01760254

Charity registered number SC041971 and 287815

Registered office

92 Micklegate, York, YO1 6JX

Company secretary Mr N I Redfern

Charity registered number SC041971 and 287815

Registered office 92 Micklegate, York, YO1 6JX

Company secretary Mr N I Redfern

Independent auditors

Armstrong Watson Audit Limited, York House, Northallerton, North Yorkshire, DL6 2XQ

Page 2

Contents

Contents
Foreword 4
Our Vision 5
Our Values 6
Trustees’ Report 7
Independent Auditors’ Report 30
Statement of Financial Activities 34
Balance Sheet 35
Notes To The Financial Statements for the Year Ended 31 March 2022 36

Page 3

Foreword

A message from our Chair: Ken Smith

Established in 1944, the Council for British Archaeology has long been one of the stalwarts of the archaeological scene, strongly and consistently supporting public advocacy and engagement with archaeology, helping people appreciate and care for the historic environment. The CBA’s wide national remit includes producing British Archaeology magazine and specialist publications; supporting CBA groups across England and Wales and the UK-wide Young Archaeologists’ Clubs; organising the Festival of Archaeology; and providing training and skill-building opportunities to community groups. The CBA has a statutory planning remit as one of the six National Amenity Societies consulted on listed building applications. CBA also supports numerous public initiatives and advocates in support of the historic environment.

2021/22 saw emergence from the Covid pandemic. Nevertheless, there continued to be impacts, both positive and negative: Young Archaeologists’ Clubs began to meet again but some closed, while others remained moribund; the Festival of Archaeology went hybrid with online and face-to-face events, with over 1200 opportunities to engage in archaeological events across the UK and a digital reach of over 70 million. Our new website and associated provision for members and users enabled our continued provision of new and improved opportunities to engage with, enjoy and understand archaeology at local, regional and national levels. Thanks to the support of many funding bodies, we continued to provide support for others to help their post-Covid re-build and re-launch. We continue, in our current uncertain times, to develop and implement our business plan Action for Growth, to make the CBA an organisation fit for the 21st century, better able to support others in understanding, enjoying and caring for our shared heritage, for a meaningful future for everyone.

A message from our Executive Director: Neil Redfern

It is hard to look back at 2021/22 without reflecting on the continued challenges posed by the Covid pandemic and world conflicts. The year started with us coming out of the second lockdown and ended with the brutal Russian invasion of Ukraine. Both events have changed how we perceive the world and the challenges we face. The changing perceptions and understanding of our world are important considerations for archaeology. In making the case for archaeology we need to reflect on what archaeology is, how it has developed in the past and how it will evolve over time. We need to actively challenge our perceptions of what we do and, most importantly, draw in new perceptions, thoughts and ideas. Archaeology has never been a static discipline; it has always reached out and drawn in new thinking and ideas. This open approach is central to the CBA’s purpose, vision and mission to champion archaeology and public participation: enabling anyone to have the skills and opportunities to tell the stories of the people and places that connect us to our world and to help people explore and create heritage that matters to them, championing fresh perspectives and recognising the value of things and places – everywhere.

Page 4

The CBA: People and Archaeology

The Council for British Archaeology is an educational charity that helps people to experience and participate in archaeology. We provide opportunities for people to take part through our network of local groups, our annual Festival of Archaeology and through the Young Archaeologists’ Club for children aged 8-16.

We speak up to champion and safeguard the future of archaeology and the historic environment and bring together everyone involved in archaeology.

Our Vision:

To enable anyone to have the skills and opportunity to tell the stories of the people and places that connect us to our world, that help us understand it and to make it a better, more inclusive place.

Our Mission:

To inspire people to explore places and engage with their environment through archaeology, we will help them make new connections with each other and the places in which they live, work, learn and grow.

To help people explore and create heritage that matters to them, championing fresh perspectives in how we recognise and value things and places – everywhere.

To grow the public value of archaeology by connecting commercial, academic and community groups to demonstrate the social impact of archaeology.

Page 5

Our values

Our values define how we work and approach championing archaeology, widening public participation and making it more relevant and accessible to a wide range of people.

The CBA aspires to be:

Inclusive and participatory

Curious and enquiring

Collaborative

Creative, communicative, and connective

Caring and campaigning

Page 6

Trustees’ Report For The Year Ended 31 March 2022

The Trustees present their annual report together with the audited financial statements of the company for the year 1 April 2021 to 31 March 2022. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company’s governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015).

Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director’s Report) Regulations 2013 is not required.

Objectives and Activities

a. Policies And Objectives

The Council for British Archaeology is an educational charity that helps people to experience and participate in archaeology. We provide opportunities for people to take part through our network of local groups, our annual Festival of Archaeology and through the Young Archaeologists’ Club for children aged 8-16. We speak up to champion and safeguard the future of archaeology and the historic environment and bring together everyone involved in archaeology.

b. Strategies For Achieving Objectives

The CBA is an independent charity working to celebrate archaeology and champion participation in archaeology across the UK. Our strategic priorities set in 2021 are framed as five goals designed to build and strengthen our five core activity areas. This work is brought together in our business plan ‘Strategy for Growth 2021-25’.

Our strategic priorities 2021-25

Goal 1.

Our role in championing diverse and creative archaeology is better recognised for the public benefit it delivers.

Actions:

Page 7

Goal 2.

To make archaeology more relevant to people so they feel better able to participate.

Actions:

Goal 3.

To target increased participation in archaeology for young people under the age of 25.

Actions:

Goal 4.

To build the CBA’s sustainability as the voice of archaeology in the UK, securing its long-term future.

Actions:

Goal 5.

To demonstrate the wider social value of archaeology and the benefits it delivers through participation and engagement.

Archaeology, at its core, is a process of understanding places, and the impact people have had on the environment. It offers opportunities to connect people and communities and to get them active and outdoors.

Actions:

Page 8

Our core activities 2021-25

Our core work is focused on five activity areas which support our membership, deliver our events and projects, underpin our statutory role as a National Amenity Society, support our publications and deliver our youth engagement programmes. Our business plan Strategy for Growth 2021-25 sets out how we will consolidate and grow these activities using them as the foundation of delivery of the CBA business strategy.

(i) CBA membership

The CBA has approximately 3,500 members and c.270 organisational members (affiliates). We support 11 CBA groups who co-ordinate and deliver activities and support in their geographic areas.

CBA members: CBA membership is open to anyone with an interest in archaeology. Each member receives a copy of the CBA’s British Archaeology magazine and many attend regular events. Key to our growth is to strengthen and deepen our relationship with members by providing more added-value services of interest to existing members and services that will attract new members from all sections of society.

CBA groups: We support 11 CBA groups in England and Wales, and we work with partner groups in Scotland and Northern Ireland. We support them to provide local information and advice, promote and deliver opportunities for participation, undertake regional research and safeguard heritage.

CBA affiliates: Affiliate members include organisations such as local archaeology societies and other community-based bodies interested in archaeology and heritage. The CBA provides support, guidance, and access to the archaeological community and events.

(ii) CBA Events

The CBA co-ordinates and supports an annual Festival of Archaeology. This national event comprises events, talks, digs, and activities designed to appeal to a broad range of people, including those new to archaeology. It celebrated its 31st year in 2021. It is usually a series of events held online and on the ground over a twoweek period. In 2021 a total of 505 unique events were delivered by organisers across the UK and the digital reach of the Festival was over 70 million.

Our aspiration is to develop CBA’s Festival experience into an annual programme of archaeological events throughout the year. We are currently developing a new online lecture series called “This is Archaeology” which will launch in April 2022.

The Archaeological Achievement Awards, co-ordinated by the CBA, were relaunched in 2021. The awards aim to celebrate archaeology across the UK and Republic of Ireland.

The Marsh Community Archaeology Awards are held each year and celebrate community and youth projects as well as the Community Archaeologist and Young Archaeologist of the Year.

Page 9

(iii) Casework and advocacy

The CBA is one of six National Amenity Societies whose expertise and role is recognised in statute. Collectively we come together as the Joint Committee of the National Amenity Societies (JCNAS) and act as a key advocacy voice for the historic environment and for heritage. The CBA’s casework team handles over 5,800 listed building applications across England and Wales each year. We use a network of volunteers from a variety of backgrounds to help advise on the impact and suitability of listed building applications and development proposals according to legislation, policy, and guidance for safeguarding the historic environment within the planning system.

Through managing the JCNAS database Casework Hub, the CBA allocates and records statutory casework on behalf of the JCNAS, creating and maintaining the publicly accessible records for the 6 JCNAS member organisations.

(iv) Publications and Communications

The CBA publishes British Archaeology, the foremost archaeological magazine in the UK. It brings in-depth news and research on archaeology to a wide audience. It is published six times each year and forms part of the CBA membership offer. It has a circulation of c.7,000 including overseas and subscription circulation.

We also publish specialist books and papers containing important archaeological insights which would otherwise not be published due to their specialised nature and limited print runs. British Archaeology remains our flagship publication and will continue to play an important part in our mission of supporting people to value diverse heritage.

(v) CBA Youth engagement

The CBA’s Young Archaeologists’ Clubs (YAC) make up the CBA’s flagship youth engagement project working with children and young people aged 8-16. The clubs, of which there are over 75, lie at the heart of our work to support youth engagement and early career archaeology. Led by over 500 volunteers and attended by more than 2,000 young people, our YAC groups engage young people with the heritage of their local area through hands-on activities.

Wider youth engagement is, however, central to the CBA’s future strategy. Our aspirations are to support young people of all backgrounds and abilities to engage in archaeology to better understand the places where they live in an ambitious programme of youth engagement, collaboration, volunteering, and partnership.

Wales, Scotland and Northern Ireland

In addition to these core activities, we deliver a focused and bespoke approach to working with the UK’s devolved nations. In Wales we operated through a member of staff who was based in the Principality and worked to align and co-ordinate our activities with key partners, stakeholders and community groups. This post became vacant in October 2021, and we have since reviewed our activity in Wales to better align it to the delivery of our core programmes. In Scotland we work in partnership with our sister organisation Archaeology Scotland, supporting their leading role in promoting Scottish archaeology. In Northern Ireland we promote archaeology through the co-development of projects and activities with the Northern Ireland Archaeology Forum and through the Historic Environment Stakeholder Forum. In different ways across Scotland, Wales and Northern Ireland, we collaborate on delivering the Festival of Archaeology and the

Page 10

Young Archaeologists’ Clubs to provide direct opportunities to engage with the CBA’s work. In 2021 we established a new Wales Online YAC group initially funded by Cadw for the first six months and currently managed by the CBA, supported by Welsh YAC leaders. In early 2022 we also secured funding from Historic Environment Scotland to set up a Scotland Online Club in partnership with Archaeology Scotland. Both clubs were created to reach more young people, particularly those who have been unable to participate in in-person activities due to issues such as rurality, travel costs etc. During 2020-21 we also developed a new approach to the British Archaeological Awards. They were widened to include the Republic of Ireland and renamed the Archaeological Achievement Awards. They were held for the first time in December 2021 in Scotland and brought together organisations in Scotland, Wales, Northern Ireland, England and the Republic of Ireland in a new form of joint working.

c. Activities For Achieving Objectives

The objectives of the CBA during the year ended 31 March 2021 have been delivered through the following activities:

(1) Youth Engagement

(i) Young Archaeologists’ Club:

We predicted that once the 11 branches going through the application process were launched, we would be back at pre-pandemic levels in terms of branch numbers, members and volunteers. Progress has been excellent throughout 2022 and we expect growth to continue.

Page 11

(ii) Shout Out Loud:

Our partnership with the English Heritage ‘Shout Out Loud’ project enabled us to deliver three youth-focused events as part of the 2021 Festival of Archaeology:

Eight groups were awarded up to £1000 each, chosen by a youth panel. No two projects were the same. For example, Brighton YAC explored a pet cemetery, Mersey and Dee researched the Atlantic slave trade in Liverpool, and Oban created a Monopoly-style board game based on the standing buildings and monuments in its local area.

Page 12

Our YAC groups also took different approaches to how they researched and presented their discoveries. Colchester YAC created its own trail exploring Tudor martyrs, Rusty Club (Weston) created an exhibition curated by members, and Chiltern, Torbay and Worcestershire recorded, produced and directed their own project films.

At the end of From Ordinary to Extraordinary, we also created a project film featuring all our groups and their final outputs. You can watch it here: FOTE Project Page

(iii) Youth Resources:

(iv) Wider Youth Engagement:

The first phase of the project was to secure a contractor to undertake a consultation project with the target demographic and an evaluator to work with the CBA across the duration of the project strand. The CBA has been working with youth voice sector specialists, Sound Connections, to develop and launch the consultation, which will run through the summer of 2022.

You can find out more about the project here: Youth Governance: Have your say!

(2) Membership, CBA Groups and Affiliates

(i) CBA Groups:

Page 13

(ii) Training:

(iii) Membership benefits:

(iv) Membership numbers:

Page 14

(3) CBA Events

(i) Festival of Archaeology

Page 15

(iii) Archaeological Achievement Awards

(4) Casework and Advocacy

(i) Responding to listed building casework as part of the role of a national amenity society

We help to protect historic buildings and sites in England and Wales through our casework. We have considered 7,833 Listed Building Consent and planning applications against our criteria for comment, assessed 3,789 in detail and responded with detailed advice to 239 applications in England and Wales over the year.

Through our casework we pursue our broader objectives of championing local archaeology and promoting care of the historic environment. We take an archaeological approach to understanding buildings, especially those that have developed and adapted over time, which helps us understand the lives of people who have lived and worked there.

Page 16

A sample of our casework is below, showing a selection of the types of sites we become involved with. Follow the links to our casework database for more information, as well as the CBA’s response.

The CBA highlights how an archaeological approach to buildings enables an understanding of how the site has evolved and changed. We promote the continuity of informed change as being consistent with age-old approaches. Done well, adaptive reuse, which is based on an understanding of archaeological interest, can sustain and better reveal the significance of historic buildings.

Page 17

CBA Casework promotes the importance of archaeological and heritage strategies as part of proposals for large development schemes. We highlight their potential to realise tangible public benefits that reinforce the connection between people and a sense of place.

The CBA campaigns for the historic environment through supporting local groups. We are regularly contacted by local organisations looking for support on local campaigns to conserve aspects of their local historic environment. This year these have included:

12-18 Skinnergate, Darlington https://casework.jcnas.org.uk/case/115557

Colonnade House, 2-7 High Street, Worthing https://casework.jcnas.org.uk/case/117245

Page 18

(ii) Responding to national archaeological issues in an advocacy capacity

We have actively engaged in a number of major policy issues over the year. Most notably in collaboration with the Chartered Institute for Archaeologists (CIfA) over planning reform and the Government’s proposals as set out in the Planning White Paper; immigration issues relating to the migration of workers post-Brexit and the shortage of qualified archaeologists within the commercial development sector. The CBA and CIfA successfully pressed for archaeology to be included on the ‘protected’ Shortage Occupations list to gain some exemption from the salary-based approach. We have continued to input directly and via The Heritage Alliance into the Environment Bill and the 25 Year Environment Plan setting out the importance of archaeology and the historic environment to the overall environment of England.

The CBA continues to play an active role in multiple advocacy groups to support our purpose, vision and mission in championing archaeology and public participation in archaeology. These include;

We have responded to numerous policy consultations this year from MHCLG/DLUHC, DCMS and Historic England. These include:

Page 19

(iii) CBA Casework and Advocacy in Wales

We continued to meet our casework targets for Wales. Between 1/4/2021 and 31/3/2022, 523 applications were assigned to the CBA. Out of these, 287 were assessed in detail (54%) and 19 responses provided (6%) with letters of support, objection, or advice.

(5) Publications and Communications

(i) British Archaeology

Page 20

(ii) Specialist Publications

(iii) CBA Websites

(iv) Social Media

(6) Notes

(i) Income Generation

Page 21

(ii) Grant-Making Policies

Grants are made available to the general public (both individuals and organisations) when funding is available and where projects are shown to fulfil stated criteria regarding research and/or public participation linked with the CBA’s charitable objectives.

As noted in Sections 1.(i) and 1.(ii) above, we were able to offer grants to YAC branches under two schemes:

(iii) Main Activities Undertaken to Further the Charity’s Purpose for Public Benefit

CBA trustees and staff have referred to the public benefit guidance issued by the Charity Commission of England and Wales and the Office of the Scottish Charity Regulator when considering the organisation’s aims and objectives and in planning future activities.

The identifiable benefits of the CBA’s charitable work are outlined in the strategic objectives of the charity and throughout this report in terms of implementation. Considerable resources are put into consultations and advocacy in pursuit of the CBA’s remit where the eventual impact may be difficult to quantify and result from the cumulative effect of coordinated campaigning with others. The CBA works to good effect through umbrella bodies such as The Archaeology Forum, the Joint Committee of National Amenity Societies, Wildlife & Countryside Link and The Heritage Alliance to achieve its advocacy goals.

(iv) Environmental Policy

The CBA takes care to ensure that minimal environmental detriment or harm arises from its work. Its conservation goals support action for sustainable development. The historic environment and its assets are an inherently sustainable resource, saving energy, re-using material, generating employment, economic and environmental benefits through renewal and regeneration of historic places. The CBA’s environmental policy guides good practice in the organisation and its work, using paper from sustainable sources and the recycling of material wherever possible. This ethos flows into the outreach work of the CBA – encouraging others to follow suit. Care is taken to ensure that any restrictions to services are minimised to the greatest extent possible whilst also maintaining vital income streams where necessary.

Achievements and Performance

(i) Review Of Activities

The CBA is in a unique position to undertake advocacy for archaeology and the wider historic environment. It alone represents the entirety of interest in archaeological issues and is a crucial voice in major issues of the day, from highlighting the importance of archaeology in the planning process to championing and celebrating public participation and activity in archaeology. We represent the contribution archaeology makes to the wider historic environment and how it can help shape and understand sustainable approaches to heritage in the UK. The CBA helps to frame legislation in many cases and to ensure that appropriate implementation is undertaken. Members join us to lend the weight of their collective voice to support that work.

Considerable advocacy work was conducted through the year to ensure that archaeological issues were addressed at a local and wider level. Such work is both reactive and proactive, the former dealing with events as they arise and gathering consensus as to the way forward, the latter being conducted through

Page 22

such bodies as the All Party Parliamentary Archaeology Group having first obtained opinions from the general public and the sector. In particular, the CBA’s Executive Director is a member of the Historic Environment Forum’s Steering Group. Participation is conducted through flagship activities such as the Festival of Archaeology and the Young Archaeologists’ Club. The Festival continues to be the largest celebration of archaeology in the world.

The CBA continues to work to protect historic buildings with the other National Amenity Societies which have, since September 2017, been operating under a single email address that local authorities are now using to consult on Listed Building Consent applications. These are logged through the CBA-managed online Casework Hub. This year we have successfully integrated the Ancient Monument Society and The Twentieth Century Society onto the shared casework database. This means that all six of the National Amenity Societies are now sharing a centralised database of consultations for changes to the historic environment.

This enables greater collaboration and co-working between the separate societies towards our shared goal of safeguarding the significance of the historic environment, through our varying remits for comment.

This year saw the Young Archaeologists’ Club bounce back from the challenges of the global pandemic, returning to face-to-face activity but also maintaining a level of digital delivery, resources, events and training, as outlined above. In particular the opening of a new Wales Online YAC branch has enabled us to extend our reach and address barriers to inclusion. We are delighted that this model will be rolled out to Scotland with the opening of a new Scotland Online YAC branch there in partnership with our sister organisation Archaeology Scotland.

In November 2021 we launched the After-School YAC Club. This new type of branch is aimed at both primary and secondary schools. It is hoped that by creating an after-schools network we will be able to support teachers to introduce the subject to more young people across the UK. By doing so, we will also be able to reach individuals who cannot attend weekend clubs for all sorts of reasons (lack of transport, distance to clubs, etc.) and those who might not usually engage with archaeology and heritage. At the end of the reporting year we had received 23 expressions of interest and four applications.

The Festival of Archaeology returned with a new hybrid format offering a blend of on the ground and online events from 17 July to 1 August. The theme was “Exploring Local Places” and over the course of the Festival there were 1,229 opportunities to engage in archaeology across the UK.

Following a fully digital Festival in 2020 we were once again able to support on the ground events. While Covid no longer prevented in-person events, some social distancing measures remained in place across the first weekend of the Festival and Covid impacted on the nature of events organisers felt comfortable delivering throughout. As a result, we continued to see a high number of online events as well as an increase in smaller, repeated on the ground events such as guided walks.

The Festival of Archaeology website (https://festival.archaeologyuk.org/) continued to showcase on the ground and digital events and a new resources section was introduced to present activities available to access on demand such as pre-recorded talks, self-guided walks and craft activities that will be available throughout the year.

Throughout the Festival the CBA’s Executive Director, Neil Redfern, undertook the “Walking and Talking Your Way” challenge, walking 100 miles across the UK over the course of the Festival, exploring local places, visiting local groups and societies and raising money for three charities.

The Festival is key to how we reach new audiences with 39% of participants attending a Festival event for the first time. 98% of participants said they would attend a Festival event again and 74% said they had learned something new.

Page 23

Our hybrid approach has allowed us to develop a considerable digital reach; over the course of the 16 days of the Festival, 505 unique events were delivered providing 1,229 opportunities to engage with archaeology. This comprised of 372 on the ground events and 133 digital events, delivered by 219 organisers. This resulted in 51,547 digital engagements and the #FestivalofArchaeology hashtag saw 16.9 million unique impressions (people using the #) and the Festival had a digital reach of over 70 million.

Our AGM was held on 3 February 2022 and was hosted online. It included our annual Beatrice De Cardi Lecture which was presented by Dr Neil Wilkin FSA, FSA Scot, Curator of Early Europe (Neolithic and Bronze Age collections) at the British Museum and titled ‘The World of Stonehenge Exhibition’ and the launch of the Marsh Community Archaeology Awards.

We were also delighted to confirm the election of Professor Marilyn Palmer MBE, FSA, as Honorary VicePresident of the Council for British Archaeology. In the spring of 2021, the CBA was informed that, after a long and distinguished association with the CBA East Midlands and the CBA nationally, Professor Marilyn Palmer had decided to step back from her formal roles with the CBA. She is Emeritus Professor of Industrial Archaeology at the University of Leicester and a former Vice-President and President of the CBA (Vice-Chair and Chair). Marilyn has had a life-long interest in industrial archaeology, teaching first in adult education from the 1970s and then as part of full-time university courses from the 1990s. She has been involved with the Association for Industrial Archaeology since the late 1970s. Marilyn co-wrote Industrial Archaeology (2011) for the CBA’s Practical Handbook series with Mike Nevell and Mark Sissons. She was a trustee of the CBA from October 2008 when she was elected as Vice-President (Vice-Chair). Marilyn remained as Vice President until becoming Chair in 2017. She stepped down in 2018 having completed a full 3 terms in post. Considering this long service to the CBA, the Board of Trustees agreed that Marilyn Palmer MBE, FSA should be put forward for election to the post of Honorary Vice-President which was supported by the CBA membership at the AGM on 3 February 2022.

This year also saw us launch the Archaeological Achievement Awards to showcase the very best of archaeology in the UK and the Republic of Ireland. Previously known as The British Archaeological Awards, the Awards were launched in 1976, with a focus on celebrating community archaeology. The Awards have evolved since then, with a changing cast of sponsors and a changing set of categories, but always with the aim of promoting archaeology to a wider audience and demonstrating the wider public value generated by archaeology.

The winners were announced on 7 December 2021 in a virtual ceremony presented by CBA President, Raksha Dave. Originally due to be held at Edinburgh Castle, the event on the ground had to be cancelled due to very high winds caused by Storm Barra to ensure visitor and staff safety. Unsurprisingly, within a sector used to showing resilience, an online gathering was quickly arranged and the archaeological community turned up to celebrate. The winner of the 2021 Outstanding Achievement Award was the Cuilcagh to Cleenish Memory Map and details of all the winners and highly commended candidates can be found on the CBA website (https://www.archaeologyuk.org/what-we-do/celebrating-archaeology/ archaeological-achievement-awards/previous-winners.html).

Our statutory casework continues to underpin our wider advocacy work and forms an important element of our charitable status and the public benefit we deliver. Through our advice we help to protect historic buildings and sites in England and Wales through our casework. This year we have considered 7,833 Listed Building Consent and planning applications against our criteria for comment, assessed 3,789 in detail and responded with detailed advice to 239 applications in England and Wales over the year.

Through our casework we pursue our broader objectives of championing local archaeology and promoting care of the historic environment. We take an archaeological approach to understanding buildings, especially those that have developed and adapted over time, which helps us understand the lives of people who have lived and worked there.

Page 24

The favorable financial position at the end of 2021-22 is largely down to the CBA’s success in securing Emergency grant support in 2020-21 from the DCMS Cultural Recovery Fund and the Welsh Government Cultural Recovery Fund. This has enabled us to rebuild our reserves and to carry over much needed investment in our digital infrastructure.

We have benefited from longer-term core funding from Historic England for our Youth Engagement work and the Festival of Archaeology. This has enabled us to develop 3-year programmes and more resilient delivery.

As well as supporting core costs, the DCMS Cultural Recovery Fund support enabled the development of crucial digital infrastructure, which was to have been the subject of an NLHF application, delayed because of the pandemic. The funding supported the development of a new CRM to replace the outdated membership database, and which is linked to our new website. Both the old database and the old website represented significant risks to the business, as both were unstable and limited the scope for the CBA to communicate effectively with members.

We were also grateful to receive a legacy from the Estate of the Late Catherine Janet Neaverson of £70,000. This highlights the growing importance of donations, legacies and sponsorship to the CBA.

Breakdown of 2021-22 income:

Sponsorship, donations & Legacies £139,700 Grants £436,400 Membership £191,000 BA Magazine £84,000

We are undertaking further work to improve our fundraising position and how we seek donations and legacies. See Leave a Lasting Legacy Council for British Archaeology (archaeologyuk.org).

(ii) Investment Policy and Performance

The Trustees are empowered to make and hold investments using the general funds of the charity. Such investments will not conflict with the general ethical standards expected of a UK archaeological body.

Financial Review

(i) Going Concern

The financial statements have been prepared on a going concern basis. In making this decision, the trustees have reviewed the financial performance of the organisation and draft budgets, looking ahead for 12 months from the point of signing off the 2021-22 accounts. The Trustees believe that adopting the “going concern” approach is a reasonable one for the following reasons:

Page 25

Whilst budgets and forecasts show surpluses and headroom the Trustees recognise that given the size of the Charity small adverse changes in income assumptions could change this position. The Trustees and Executive Management Team maintain a tight financial oversight on expenditure to maintain headroom and ensure the financial stability of the Charity.

(ii) Principal Funding

CBA funding comes from grants, membership fees, magazine subscriptions, donations/sponsorship, and a small contribution from retail sales of magazines and other publications. Our main grant funding sources are Historic England and Cadw who help to support the Young Archaeologist’s Club and the Festival of Archaeology and our work on planning and Listed Building Consent applications. Historic England have agreed to supporting part of the core costs of both the Young Archaeologist’s Club and the Festival of Archaeology over the next three years up to 2024, supporting both their post-covid recovery and expansion.

Our membership income is broadly static with slight improvements in the most recent year. Sponsorship and donations come from a range of public and private sector organisations and individuals and increasingly form a core area of our funding.

(iii) Reserves Policy

During 2020-1, the CBA reviewed its reserves strategy as part of the business planning process. Trustees agreed to invest some of the surplus from 2020-1 into spending in 2021-2, to enable the organisation to meet the ongoing challenges of the pandemic, and to continue to build its resilience through improvements to infrastructure and business processes. The remaining £80,000 was committed to reserves. The business plan commits that the CBA will rebuild reserves from surpluses without compromising our investments in public benefit and social value. Our target is to increase reserves to at least one month of then current operating costs by the end of Y2 of the business plan and two months by end of Y4. By the end of the plan period, reserves should be a minimum of 3 months of then current fixed operating costs. In addition to the amount already committed to reserves, the plan is to add £20,000 in Year 3 (2023/24) and £25,000 in Year 4 (2024/25).

Structure, Governance and Management

(i) Constitution

The Council was incorporated on 10 October 1983 under the Companies Act as a company limited by guarantee and not having a share capital. The Council for British Archaeology is a registered charity (with the Charity Commission of England & Wales and the Office of Scottish Charity Regulator - OSCR). It is governed via Articles of Association. These Articles of Association were reviewed during 2019-20, with the new Articles being adopted at the AGM in November 2019. The changes were intended to bring the CBA into line with current good practice and to reflect changes in Charity law. The changes relating to governance practice

Page 26

concerned the appointment of trustees and the composition of the board (see below) and the introduction of clauses to enable the Council to remove members or trustees whose behaviour would bring the organisation into disrepute.

(ii) Method of Appointment or Election of Trustees

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. A board of up to 12 Trustees, elected by the membership, oversees the activities of the charity assisted by a small paid secretariate of staff and various voluntary advisory committees.

(iii) Policies Adopted for the Induction and Training of Trustees

The CBA has an induction process for Trustees that includes the provision of guidance on the responsibilities and duties of Trusteeship, information about the operations of the CBA and a review of the Risk Register.

Reviews are conducted to ensure that the Trustee body has the relevant skills and experience to fulfil its role.

(iv) Pay Policy

The CBA is committed to ensuring that we pay our people fairly and in a way which ensures we attract and retain the right skills to have the greatest impact in delivering our charitable objectives. In line with the CBA’s commitment to equity and diversity, the CBA is committed to equal pay.

Trustees do not receive payment, just reimbursement of out-of-pocket expenses in line with Charity Commission guidelines.

Every member of staff in our organisation earns at least the Living Wage. No member of staff earns above £60,000 per annum.

(v) Risk Management

The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

Structure, Governance and Management

The ongoing impact of Covid continues to leave the CBA with many challenges, and these are now being extended by the current economic climate and cost of living crisis. Archaeology is, first and foremost, about people and their places. With restrictions in place, we had to re-imagine our services and our delivery models to provide members, groups, our Young Archaeologists’ Clubs and the wider public with ways to engage.

The CBA continues to respond by developing its hybrid format to its service and events such as the Festival of Archaeology, and providing new materials for parents, volunteers, and young people to use at home via its Young Archaeologists’ Club website. What we learnt will change our approach to future engagement and we know we also have much ground to cover. Our YAC clubs continue to need support to return to in-person operation, our income from traditional activities has suffered and the rapid shift to remote working exposed weaknesses in our corporate infrastructure and our business processes.

Page 27

The year has helped us continue our focus on our core areas of work. The five activity areas which are our strongest in terms of delivery, reach and purpose. They support our membership, deliver our events and projects, underpin our statutory role as a National Amenity Society, support our publications and deliver our youth engagement programmes. Our business plan, Strategy for Growth 2021-25, sets out how we will consolidate and grow these activities using them as the foundation of delivery of the CBA activity and growth over the next four years. Our most notable area of growth has been via our social media where our three core accounts on Instagram, Facebook and Twitter, and additional Twitter accounts for YAC and Festival of Archaeology’s Ask an Archaeologist Day have a growing number of followers that we will continue to build. Translating this reach into income will be an important focus moving forward.

Whilst the platforms are at different stages of development, targeting different audiences and with distinct approaches to sharing the messages of the CBA, our aim moving forward is to ensure all platforms demonstrate reliability and consistency through regular posting, and growing audience reach and engagement.

Our social media platforms will also play a key part in achieving the five key goals outlined in the Strategy for Growth business plan and, like many membership organisations, we will be working hard to turn this digital reach into new membership and income.

Our new digital infrastructure and website will enable us to deliver on our aspirations to make the CBA the key hub through which people can interact with archaeology. We will establish a support network to allow people to explore their place in the world and to celebrate their local identity. We will build on our Festival of Archaeology and Young Archaeologists’ Club to underpin our open and inclusive approach to participation in archaeology. We will look to develop our core values into an active set of behaviors to help shape our approach and to challenge the wider archaeological sector to be more engaging and to place participation and public value at the heart of what they do.

Trustees continue to steer the organisation towards a sustainable future to ensure that its valuable range of services continues.

Trustees’ Responsibilities Statement

The Trustees (who are also directors of The Council for British Archaeology for the purposes of company law) are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Disclosure Of Information To Auditors

Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they 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 expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

Page 28

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Each of the persons who are Trustees at the time when this Trustees’ report is approved has confirmed that:

This report was approved by the Trustees on 14 November 2022 and signed on their behalf by:

Mr K Smith, Chair of Trustees

Date: 16/12/22

Page 29

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE COUNCIL FOR BRITISH ARCHAEOLOGY

Opinion

We have audited the financial statements of The Council For British Archaeology (the ‘charitable company’) for the year ended 31 March 2022 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Audi-tors’ responsibilities for the audit of the financial statements section of our report. We are inde-pendent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees’ use of the going con-cern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are de-scribed in the relevant sections of this report.

Page 30

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE COUNCIL FOR BRITISH ARCHAEOLOGY (CONTINUED)

Other Information

The other information comprises the information included in the Annual report other than the fi-nancial statements and our Auditors’ report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise ap-pears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees’ responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial

Page 31

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE COUNCIL FOR BRITISH ARCHAEOLOGY

In preparing the financial statements, the Trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to go-ing concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors’ responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material mis-statement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non compliance with laws and regulations. We de-sign procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detect-ing irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non compliance with laws and regulations, was as follows:

We assessed the susceptibility of the financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

Page 32

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE COUNCIL FOR BRITISH ARCHAEOLOGY (CONTINUED)

In response to the risk of irregularities and non compliance with laws and regulations, we designed procedures which included, but were not limited to:

Due to the inherent limitations of an audit, there is an unavoidable risk that we may not have de-tected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, as with any audit, there remained a higher risk of non detection of irregularities, as these may involve collu-sion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing fraud or non compliance with laws and regulations and cannot be expected to detect all fraud and non compliance with laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This descrip-tion forms part of our Auditors’ report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 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 members those matters we are required to state to them in an Auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not ac-cept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Simon Turner (Senior statutory auditor)

for and on behalf of Armstrong Watson Audit Limited

Chartered Accountants Statutory Auditor

Northallerton

Date: 16/12/22

Page 33

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2022

Note Unrestricted
funds
2022(£)
Restricted
funds
2022(£)
Total
funds
2022(£)
Total
funds
2021(£)
Income from:
Donations and
legacies
3 70,071 2,375 72,446 58,984
Charitable
activities
**4 **
572,341
279,649 851,990 882
Investments 1 1 1
Total income
Expenditure
on:
642,413 282,024 924,437 941,417
Raisingfunds 5 192 192 412
Charitable
activities
6 794,438 41,298 835,736 795,429
Total
expenditure
794,630 41,298 835,928 795,841
Net
movement in
funds
(152,217) 240,726 88,509 145,576
Reconciliation
of funds:
Total funds
brought
forward
68,768 129,058 197,826 52,250
Net movement
in funds
152,217 240,726 88,509 145,576
Total funds
carried
forward
83,449 369,784 286,335 197,826

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 37 to 47 form part of these financial statements.

Page 34

BALANCE SHEET

AS AT 31 MARCH 2022

Note 2022 (£) 2021 (£)
Fixed Assets
Current
Assets
Stocks 10 19,619 19,619
Debtors 11 158,101 184,313
Cash at bank
and in hand
188,150 263,844
365,870 467,776
Creditors:
amounts falling
due within one
year
12 79,534 269,950
Net current
assets
286,336 197,826
Total assets
less current
liabilities
286,336 197,826
Total net
assets
286,336 197,826
Charity funds
Restricted
funds
13 95,953 129.058
Unrestricted
funds
13 190,383 68,768
Total funds 286,336 197,826

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to enti-ties subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Date: 16/12/22

The notes on pages 37 to 47 form part of these financial statements.

Page 35

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. General information

The company is a company limited by guarantee. The members of the charity are the Trus-tees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Prac-tice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Council For British Archaeology meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The charity has reported a net profit for the year of £121,614. The net current asset position at the year end was £288,336, up from £30,510 in the prior year.

The additional income in 2021 22 has improved the CBA’s financial position and the trustees have reasonable confidence that the organisation has sufficient funds to meet planned expenditure for at least twelve months from the point of signing the accounts. The organisation has new digital infrastructure in place, and is making planned invest-ments in staffing capacity to enable it to grow its future income to ensure its long term sustainability. For this reason, the financial statements have been prepared on a going concern basis.

Whilst budgets and forecasts show surpluses and headroom the Trustees recognise that given the size of the Charity small adverse changes in income assumptions could change this position. However, there are discretionary elements to the cost base of the Charity, such as marketing and recruitment spend that could be phased on an alterna-tive basis. The Trustees would apply this discretionary pressure to maintain headroom and ensure the financial stability of the Charity.

2.3 Income

All income is recognised once the Company has entitlement to the income, it is proba-ble that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Company has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Company, can be reliably measured.

Page 36

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in ad-vance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Where the donated good is a fixed asset, it is measured at fair value, unless it is im-practical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the Company’s accounting policies.

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the Company which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Stocks

Stocks are valued at the lower of cost and net realisable value after making due allow-ance for obsolete and slow moving stocks. Cost includes all direct costs and an appro-priate proportion of fixed and variable overheads.

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade dis-count offered. Prepayments are valued at the amount prepaid net of any trade dis-counts due.

Page 37

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the de-posit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to set-tle the debt or the amount it has received as advanced payments for the goods or ser-vices it must provide.

Provisions are measured at the best estimate of the amounts required to settle the ob-ligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre tax discount rate that re-flects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.10 Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at trans-action value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective in-terest method.

2.11 Pensions

The company operates a defined contribution stakeholder pension scheme. The assets of the scheme are held separately from those of the company in an independent ad-ministered fund. The pension cost charge in the accounts represents contributions payable by the company to the fund for the benefit of its employees.

2.12 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 38

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

3. Income from donations and legacies

Unrestricted funds
2022(£)
Restricted funds
2022(£)
Total funds 2022 (£)
Donations 56,194 2,375 58,569
Gift aid 13,877 13,877
70.071 2,375 72,446
Unrestricted funds
2021(£)
Restricted funds
2021(£)
Total funds
2021(£)
Donations 23,214 1,558 24,772
Gift aid 34,212 34,212
57,426 1,558 58,984

4. Income from charitable activities

Unrestricted funds
2022(£)
Restricted funds
2022(£)
Total funds 2022 (£)
Young Archaeologists
Club
187,179 187,179
Information &
Communications
265,324 92,470 357,794
Capacity Building &
Promotion
116,005 116,005
Membership 191,012 191,012
572,341 279,649 851,990
Unrestricted funds
2021(£)
Restricted funds
2021(£)
Total funds 2021 (£)
Young Archaeologists
Club
67,286 67,286
Information &
Communications
218,361 35,162 253,523
Capacity Building &
Promotion
375,574 375,574
Membership 186,049 186,049
779,984 102,448 882,432

Page 39

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

5. Expenditure on raising funds

5. Expenditure on raising funds
Unrestricted funds
2022(£)
Total funds 2022 (£)
Expenditure on raisingvoluntaryincome 192 192
Expenditure on raisingvoluntaryincome 412 412

6. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted funds
2022(£)
Restricted funds
2022(£)
Total 2022 (£)
Conservation &
Community
28,976 28,976
Young Archaeologists
Club
48,646 10,792 59,438
Information &
Communications
290,941 30,506 321,447
Capacity Building &
Promotion
49,130 49,130
Membership 125,200 125,200
Support costs 251,545 251,545
794,438 41,298 835,736
Unrestricted funds
2021(£)
Restricted funds
2021(£)
Total 2021 (£)
Conservation &
Community
27,417 27,417
Young Archaeologists
Club
55,081 3,938 59,019
Information &
Communications
260,720 28,284 289,004
Capacity Building &
Promotion
188,679 188,679
Membership 53,066 53,066
Support costs 178,244 178,244
763,207 32,222 795,429

Page 40

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

7. Auditors’ remuneration

The auditors’ remuneration amounts to an auditor fee of £9,000 (2021 £6,440).

8. Staff costs

8. Staf costs
2022(£) 2021(£)
Wages and salaries 310,043 292,425
Social securitycosts 20,928 20,116
Contribution to defned contribution pension
schemes
27,940 27,087
358,911 339,628

The average number of persons employed by the Company during the year was as follows:

Staff Numbers

Staf Numbers
2022 2021
Staf numbers 13 12

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2022 2021
In the band £60,001 £70,00 1

9. Trustees’ remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2021 £NIL).

During the year ended 31 March 2022, expenses totalling £NIL were reimbursed to Trustees (2021 £NIL).

Page 41

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

10. Stocks

10. Stocks
2022(£) 2021(£)
Book stock 19,619 19,619

11. Debtors

11. Debtors
2022(£) 2022(£)
Due within oneyear
Trade debtors 41,861 21,811
Other debtors 4,417 8,179
Prepayments and accrued income 111,823 154,323
158,101 184,313

12. Creditors: Amounts falling due within one year

2022(£) 2022(£)
Trade creditors 21,872 94,973
Other taxation and social security 6,414 5,981
Other creditors 3,472 22,803
Accruals and deferred income 47,776 146,193
79,534 269,950

13. Statement of funds Statement of funds current year

Balance at 1
April 2021(£)
Income (£) Expenditure(£) Income (£)
Unrestricted funds
General Funds all funds 68,768 916,245 (794,630) 190,383
Restricted funds
Restricted Funds all
funds
129,058 8,193 (41,298 95,953
Total of funds 197,826 924,438 (835,928 286,336

Overall total funds increased for the year by £145,575 (2020 – decreased by £111,166). At 31st March 2021, total funds carried forward are £197,825 (2020 £52,250), of which £150,714 (2020 £57,274) are restricted.

Page 42

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Statement of funds prior year

Balance at 1
April 2020 (£)
Income (£) Expenditure(£) Balance at
31 March 2021
(£)
Unrestricted funds
General Funds all funds (5,024) 837,411 (763,619) 68,768
Restricted funds
Restricted Funds all
funds
57,274 104,006 (32,222) 129,058
Total of funds 52,250 941,417 (795,841) 197,826

14. Summary of funds Summary of funds current year

Balance at 1
April 2021 (£)
Income (£) Expenditure(£) Balance at
31 March 2022
(£)
Unrestricted funds
General Funds all funds 68,768 916,245 (794,630) 190,383
Restricted funds
Restricted Funds all
funds
129,058 8,193 (41,298) 95,953
Total of funds 197,826 924,438 (835,928) 286,336

Summary of funds – prior year

Balance at 1
April 2020 (£)
Income (£) Expenditure(£) Balance at
31 March 2021
(£)
Unrestricted funds
General Funds all funds (5,024 837,411 (763,619 68,768
Restricted funds
Restricted Funds all
funds
57,274 104,006 (32,222) 129,058
Total of funds 52,250 941,417 (795,841) 197,826

Page 43

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

15. Analysis of net assets between funds Analysis of net assets between funds current year

Unrestrict-ed
funds
2022 (£)
Restricted funds
2022 (£)
Total
funds
2022
(£)
Current assets 269,917 95,953 365,870
Creditors due within one year (79,534) (79,534)
Total 190,383 95,953 286,336

Analysis of net assets between funds prior year

Unrestrict-ed
funds
2021 (£)
Restricted funds
2021 (£)
Total
funds
2021
(£)
Current assets 338,718 129,058 467,776
Creditors due within one year (269,950) (269,950)
Total 68,768 129,058 197,826

Page 44