REGISTERED CHARITI. NLTMBER: 02118805 REPORT OF THE TRUSTEFS AND FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2023 FOR ThE OIL4L HISTORY SOCIETY Presto￿$ & Jacksons Partnersbip LLP 364- 368 Cranbrook Road Ilford Essex IG? 61n- THE ORAL HISTORI. SOCIETh" CONTEliTS OF THE FINANCI.4L STATENIENTS FOR THE YEAR ENDED 31 DECEMBER 2023 PA£e Chairman's Report I to 3 Reptsrt of the Trnstttg Independent Ex*nhiwer'g Report Statement of fiNaTrci•l A¢tiVit￿l St*¢tment of FIA411ti•l Positio Notes to the Fin*n¢i*l Ststemetsts 10 to 14 Detsiled Statement of FIDATh¢l*l AetlvltleB 15 to 16 THE ORAL HISTORI, SOCIETY CHAtRII.AIY'S REPORT FOR THE YEAR EIYDED 31 DECEMBER 2023 023 marked the Society's 5IXh birth￿, and decided to ¢¢l¢brJte this rnllest￿C in s¢vcral ways ()ver the ¢ours¢ of the y¢ar, not8bly at our very successful at￿Ual confereiice 'Makin¥ Htstori¢5 Touethev ai Nottingham Trent Universit) Wh￿ we took the op￿itV to host a pleDary discussion of the OHS ov fifty years. We also created a tuneline of key activities over the half-cenwry on our website al￿ invited members to add their own r￿OI1￿ctiOnS and storirs from 1973 onwards andlor to write a blog p05t. As well as looknnB back. the opportunity lo look forward to the next fthy years w&$ afforded by our perioth"c stratwc review ]￿Id iry March ?0•3. This review. led by tru5tce5. has tsken place sin¢¢ the earfy ?IXX)$ and this yeor our review was impornintly infornied b), 8 survey of manbers. views. We decided to focus on two rekned wionties.. growin ow. membership and our ffftancial SLLslainabJitv. The financial position of ¢h¢ So¢iety remains sthble w'iih over £I￿k of reseryes but in the FosiloNidlBrexit period we have faced some increased Costs and Jn *0?3 w¢ m￿e a small surplus of £58? These added cost8 have ari5eTr m part from need to pay for 3dditional professionkt support io ensurc a hiyh standard of Service to members at)d the W￿¢r Oral history cornmunity. whilst ￿ th¢ sgm¢ timc rclie%iingi soine of the pressure on OLEr i'olunieers in what remains a largely I'olUntary-n￿ S(Kietv. MoTeoi'er. ¢o$ls ljke travel and ¢aterin&Tr avoided dunn¥ the Covid lockdowr4 bew to revemerse in 20?3 and at higher prices. Whilst the benefits of onlirte meetin)ss are clear. believe the importance of face4ovface 8athennus is Such that we should build th¢ &8$0¢14t¢d cosis Into wr budget. The prosped of maNiging thes¢ co￿$ inevitably l¢d us to re-visit our sources of inc(xne, thc lion's 51IAre of which comes from membership subs¢ripiions. hence the need to l(x)k abain at oiir membership strategy. Evidence from our ￿'ebSi1C. social medw accowit5 4T￿ newsl¢tiers su¥bTut that ￿ have a much vrider Teadersliip and follow'in¥ thon our membership numbers indicate For eT4mple. we ha&e SO￿ hxls on our websitr evcry month and over 15(Y) subscnbers to our M￿1th]Y newsleller. but only 874 members. Whilst we are committed io ¢ontinuing io Provide a public service. free of charBe. our lony-term sustainability will depend oIi Increasi￿ our member5￿p. One pra¢t1¢￿ ou￿OMe of ow 3trate¥ic revieiv is ll￿ke JI easler to Join ihe Society. To do this we are developing an interface for new member$ wkn'¢h will smooth the menibership proce55 and should Ix in plac¢ bv the be￿nnIng of -0?5 Ive are 81so considerin8 tiered memberships and restnctinbi xcess to some of our services to rnemb¢rs only Of course, th¢rt Ar¢ oth¢T way$ of Be￿alin8 tncome To eotncide witb our ￿T￿*Versary. we introduced an ¢ndoi*TheTLt fund which w¢ hope will ￿loW to suppcrt some of the fantAStic ivork" of our volunteers. We are also exploring other sources of extem41 futtding 411 of whi¢h we knpe ensure thar the Society is around to celebrate its centenary ￿ ?073. The Oral History Joumal has PLiblished No issues since the lart .4GM. including a speclal edition on shared outhoiity Siondatd feature5 iti the J¢)urnal incltsde excellent sectson5 OA Current British Work and lrternation41 pmJert5 and a rEview article I'he Joumal has continued to develop its online presence with ils horteT reviews and article& thc aim of M4uch is 10 support t1￿ In the early stages of their careers as well as pilbli5hi￿ with a qiu¢kw tumaround that complements the lon¥er Pleces ￿ the JQLrnai. Our tr&inin8 courses are amongst the most visited pages of our website and are retlecled in the number of COLwses delivered (over l 00) to 8(X) participants in ?O?l Th¢ Fwularftty of onltn¢ cowses, particu]8rly for inleinational attendees. has bexn maintained wst-covid wlu.lst at the same time w¢ have inyison courses Manchester and Leeds as well as Lilndon. 56 courses wrre offered that V*ere tailored to the JKeds of indiyidual projects and deli}er￿1 Online or lTrperS￿ ￿ Ih"fferent locations. I should add that tnembers of the Hiyher EduLaÈion Speciai Interest GTOUP ran workshops at Leeds and Lcffld¢xL Uniyersty ISO.4SI aimed at postgraduate students planning their rese4rch projects. Page I THE OIL4L HISTORI. SOCIETY CHAIRNIAN'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The OHS websile home pa￿ h&s been re-vamped to publlcise forthcoming events including thnse of our SIG and'ln Dialogue, discu5sion& detsils of the ￿051 receDt issue of th¢ journal and other news Iterns. At the titne of writinkn the headline e%'ent AS thi.s yea¢s Oial HI￿0￿ F¢s¢ival to be h¢ld on the 6th July at the Btitsy LibTWy The fcstÉV81 r¢pl8¢e$ our Usual annual wnference tkn"s year, which I'm d¢liyhted to report w￿1 return In ry0•5, in Glasgow. Our SE￿Ial Interest Groups colltillu¢ to flowls￿ offerin¥ sonhe liiely discussions on a range of curreni issues. topics and projects in a vaTiety of settinbis and ofien leadiug to it￿Oi.811￿e practices to di35eiTiitLaie oral histories. Of partsciilgr significance this year has been the re-emergence of the hligrHtion Group and the continuLn¥ Irend to hold Joint meetings of the group& including a highly sue¢essfid one al our annual confcrenc¢. Apart frotn events. SIGS also provide ￿la[udble networks of advi¢¢ and support for OHS mernbers thouuh their onllne discussion WOLtPS. The 'ln Dialogue, series of events. organised in partnership Thith the Institule of Historical Research. continued isith four ei'ents in ?023 and four more planned for 20.4 The idea of 'in dialogue, was ¢onceived to ¢riti¢a]ly reflect on our record of engagenient orgwisaiions that are visibly minoritised Ith￿ the UK and whose aim is to remember. capture and pieserve siories from member5 of these communities. The idea and ￿MmItment io didogue follows from the Orai History Society's ddtrniinatioj) to llcquire greater aw8rene35 aTKi &ppre¢i81ioft c*f 8lobai majority hisEs)ry. and the need for greater inclusivity In ternis of the Sociews orw)i58tion. pracii¢e and publicauons. I"he OHS continues io compaign on natsonal aThJ inlem8iional e¥'ents that threaten the coll¢¢tion and ur¢hii'ing of oral hist￿les. In ?0•! we ￿TOle letter5 supporfing Ihe l?niversity of Brighton's Centre tor MemLfV Narraiii'e and Hisiories and winsi its closLwe: and aE&iut the deStr￿lIon of or¢hi*es and librariey in Gaza. In neither case did our prot¢sts lend to a rN'ersal of policy but the prin¢iple was iD)portatit to state I would aT¥ue, llnportant for those most dire¢dv affected to have our support. Over the past tweli'e months we hAve said goodbve io a nuniber of ¢olle88ues who have stepped down from their roles irt the So¢ietv I would like to thank Emily Gibbs. our Nlemb¢r3hip Officer, whu hAS o%erseei) period in M'hich the uJ5titutiono1 and tnditridual membership rnle$ have remained fairly $table. tliou¥h recently witn¢s5in8 #n incre.w in inststutionai and a snull d¢¢lin¢ in individuol niembership. Emily ivill always be remembered f￿ her wonderfully clear and colourful tsbles and graphs. Even when the data w'as couse for concern it was a pleasure to look ar them Jodie Ne%'ille will replace Emily a$ MembeTship Officer. and we are deliBhted to welcome her to the Boord. Pathw'ni Brooinfield is also ￿ePpIng as Regional Netivork Coordinator. The Nett￿rk play3 a vital role in represenlinb. the interests and needs of oral history acr055 the L.K atMI relies enrirel5' on the contribulions and effort5 of l'olunteers. Pl number of whom are working as freel8n¢erJ and hence reliant on fixed-terin Commissions and projccts. Und¢r Padtnim $ guidance. the tnonthly online dropin ￿$s1OnS have provided an iniportant Spdce for raisms and sharJn8 Issues The atmual event this year wa5 h¢ld in Leicester and ku'ghli8hted some important development5 iti¢ludfft8 the tole of artifici81 Intelligence in ornl history and the excellent idea of eStabl￿lng a lech1￿l0gY 5p¢cial interesl group. I should also lth¢ lo thank Michelle Winslow and Malcolm Cowburn who are steppin¥ dow'n gs tsustees. Michelle in particular plaved a very sign￿l¢ant role on the c(Immittee for many years and we are delibhted that she will contmue on the training group and as a re￿onal adi"iser. We dso iyere gorry Io Say EO*)dbye to EleaE]or Lowe who was our 8drninistrator for sei'eraL vears w'ere pleased to welcome Catmlle Johnston a5 her replaeement during the course of the year. Page 2 THE ORAL HISTORI. SOCIETY CHAIRhlAN'S REPORT FOR THE YEAR EIYDED 31 DECEMBLR 2023 Finally, as alwdy& I rn￿1 expr￿ my ￿3t1￿)de to fellow officers. tr￿Stee$ members for their friendyhip. loysity. support and hard work. It 15 re￿arkable that the leathng organisation in oral hJ"5tory in the UK over thc last fifty years h&8 budt its repittatson and made suth a sIg￿leant Impact thanks io the voluntary efforts ond expertige of members. Thank youl John Gabriel, Ckair. Or*1 History Ststie¢v Page 3 THE ORAL HISTORI" SOCIETTr" REPORT OF TItE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 ThE tru5t¢e$ present their rewbrt with the flnancial staternents of th¢ Ch￿ty for the year ended 31 Decellther 2013. Tht trU￿te9 have othpted the provislons of .4ccouniin¥ and Report￿ by Cbarities.. Ststement of Reconunended Practice applicable to chBrities preparing their accounts in accordance ivith the Finattcial Reporting Siandard applicable in the Uk and Rewblic of k¢land IFRS 10?) {effective l January 2019) OBJECTIVES AND AcrivrriLS Objtttives Ortd ilm$ The Oral Hisiory Society {OHS). founded in 1973. is a n￿lonal chanty dedicated to the eollection. preservation and use of recorded memories and pla)'s a key role in facilitatin8 and developing the use of oral history. I¢ io offer suppory encowauement and ksl-wactice advi¢e to those cC￿ductMY oral histoN, through its traininbl courses njn In conjunction with National Life Storkes at the British Lthary.. annu#l conference. Ihe twicryearly publication of its journal Oral History. occasional seminars. a regiond network of repreSentatI￿e5. an mleractive website. and se1'er￿ SFtcial interest groups Oral Hislory proiides a local. national and international foTW)i for oral histotwts to thscuss mthbods and Ch￿]en￿e$ invol&¢d in the ¢olleLtion, intet'pretation and th"ssemLnation of oral teMimom¢$. It includes a r*ws seLiion fealuruw reports from community projecls Around ihe globe. The prll￿ journat is supplem¢nted by 'Oral History Journal Online, including on]ine-onlv E4)ok rewe￿5 and Articles The Society represents oral histori8n5 no mBtler Ivhere ihey work. whether Jt Is in a¢ademi8. education. community orwi5ations. museum& arbhtves and libraries. or the metha. Tlie OHS seeks to support emploJ'¢4 frttlance and volunlary indivi￿81$. and engaye with a wide ran8e of prof¢ssi¢)oal. st8lutors' and advisory b(Kh'¢y to offer the besl possible $ervi¢e lo its embers. On80ing A¢t1￿"1t1e5 include jointly rutllw on extensive onsite and olli1￿ trairt￿ prolvamme in partnership vith National l.ife Stones At the British Libr8Th'; SUPPXting oN'er forty experien¢ed oral hisiorians as locally-based Regional NcN-tsrkLY$ througknut Britain and Northern Ireland - a point of contaci for anyoiie interested in oral historv. offcriny technical. le¥al and ethical adi'ice. pruKtpally via 113 w¢bsiie: providin¥ infomation on the fundjns of oral kn'story ￿'Ork. and publishuw hvo edition3 of thc journal Or81 His¢ory each year. Members Also receive A free ewnewsletter sever81 tsmes 8 I'￿ with bnefmgs and neifvs iieins. Several Speci81 Interest Groups have been develoFd in r¢sponse to in¢reasiny interest among members for ways lo create networks and faeditllte discu&sion acti%'ities ￿7th Othe￿ ivho shore common iiirerests and ioncerns. There are CUTr¢ntl)' the followin4 Spec￿1 llntere￿ Groups. e[￿h ￿7th ih¢ir own committcc and programme of meetings and acti%ities ATchives And Oral Hisrory. Oral History in Higher Education: Environmeni gnd Climate C,h3n¥e. Mi¥ration: Le5bi8tL Gay Bisexual. Trang￿nder 81)d Qileer ILBGTQI. and Creutivc Orgi HTSlOry. Further details at Public benefit The Trusiees confirni that thev hai'e complied with the duty in Secti￿ 4 of ihe Charities .4ci •OI l ¢0 have due regard io public bmefit ¥uld￿e ￿blIShed by the Chgnty Commwion m deterniining the activiiies undertaken by the Charitv. Page 4 THE ORAL HISTORI. SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 FINANCIAL REVIEW Fin#nel*l po$itlD Th¢ bo8Td of trl￿te¢S 15 3ali5ficd th8[ the ¢han'tys awts in ¢8¢h fmd are avad4ble and adequate lo fidfil its obligattons m respect of each fund. The fmaneiai statements have been prepared implementift¥ the Clwrties Art .01 l and the Charitie$ Financial R¢portiD8 Stondard SORP FRS 102 As slated the intri￿u¢ll0D to th1.5 rqx)EL the I￿stee6 ¢onsider the f￿ancIal p¢rfoTmanc¢ ￿. th¢ charih. during the J'car to ha￿'C bccn satisfactory. The Statement of Financial Activities show incomin8 resources for the year of£77.6fK) {2022.. £7* 5151 ond out¥ombTr resources of £77,108 120?2. £64.546}. makllw A overall surplus of £58? 12022. £7,969) Fi¢e unresuicted reseTres amounted to £104,633 (￿10T year £104.051). ReMrveA poliey It Abireed th8t unrestricted finmcial rese￿¢$ shwld ￿ mwntained al no 1¢>% half average expemeg of the pre*tO￿ fJnanci81 year. The tsustees are confident die charity has Su￿1Clent unrestricted re8erves. FUTURE PLANS The trustees r￿1¢￿. the aims, objectives and activities of the ¢harily on a rewtar basis. .4 full Stra￿SIC review a150 takes place every 34 years when key fulure objective5 and activities. and a busine55 plan arc weed. Th15 review a150 assesses what the charity ha5 achieved and the outc￿￿¢S of ils woi'k in the previous planning period. Each y.ear trustees prepare a detalled atinual report on each area of the So¢i¢ty'3 8¢tiviti¢s and Ihe C'hairnian of the Society adds an overview reF￿ This awwted annual Teport is made ai'ailable to members pnor to the AnnL￿1 General Meetin via ¢hariWs website at htips.. IA¥ww.oh$.owuklWh(￿We￿rel8o¢Lety￿￿WMell￿. STRIICI'IIRL GOVERNANCE AND MANAGEMF.NT Governlng do¢wm¢nt The chaiity is controlled bv its d¢xumenL a decd of trust. and constitutes an unincorporatod charity. Details can be seen on the OHS website at Trnstoc SelertloA The Truytees meet four times a year. The Trustees are responsible for the governanc¢ of the So¢iety ond are elected at the SOCIe￿s Annual Genernl Meetin8. Offi¢ers' Positions of the Society in¢lude a Chair. Vicpchjir. Swr¢tary and Treasurer who 8r¢ aJ50 elect¢d annually. An Officers, Group meets four or more tunes annuall￿ In between full tn151ee meetsng5 to Mainta￿ the smcK*h ru[￿￿1¥ of the charity. The Truste¢s' sU￿COMMItteeS refleu prioriry areas and include a Finance subO1e1V4O0￿￿entsI. A ri3k r¢gi5teT is revi¢w'ed And upd&Led as r¢quir¢d on on a[￿Val basis. REFERENCE AND ADMINISTLiTIVE DETAllS Registered c.harity number 0288805 Pagc 5 THE ORAL HISTORI. SOCIETY REPORT OF TIIE TRusfEES FOR THE YLAR ENDED 31 DECEMBER 2023 Principal address The Old Qllar￿ House UppeT A%to Momgomery Powys Syli 6T.4 Trustees Professor John Gabnel (CthaiT) Dr Beth Thomas (l'ice Chaw) Dr Robert Perks MBE IS¢cretaryl Titi Fa]uyi {Trea5urer)- res1w￿d Febnjory ?￿￿ Professor Joanna Bornat Pgthnini Broomfi¢ld Cynthia Brown Dr Alan Butler Dr Verusca CalaEffia Fahe¢m Cmthti Professor Malcolm CoiYburn- resigned ?5 December 20?1 I)r Juanit8 Cox Rumi Nazeer Dahar Erin F8rleY Dr Craig Feey Dr Emily Gibbs Professor Jennv Hardjnès Dr Cai Pary-Jon&q MAry Slemwt Dr Am!. Tooth-murphy Jultana Dempse}, Jeimif¢r Vickers Dr Michelle Win51ow- resi￿ed 6th J￿e ?0?3 Indepe*d¢mt Ex*mln¢r Anwer Patcl BA (Hons), BFP, FCA Preston5 & Jacksons Parther5hip LLP 364- 368 Crdnbrook Road Ilford E5YeX IG? 6HI" Approi*d by ordw of the board of truste¢5 on .. . and on its beha]f by.. Trustee '. Page 6 INDEPENDENT EXAMINER'S REPORT TO THE TRIISTEES OF THE ORAL HtSTORY SOCIETY IAdependeAt examl•er'i r¢port to the trn$t¢a of The or￿ Hlstory Sotitty J report to thc ¢hatity ttustees on my ¢xamination of the accounts of The Oral History Society (the Tn￿l) for th¢ ycar ¢ndcd 31 December lOJn . R¢8poDsibilitieJ basis of report A5 the charity tr￿stee3 of ihe Tru￿ you Ore r05ponsibl¢ for the prewrntsrn of the a¢counts in I¢￿[dance with the requirements of the Charlties AL* ?01 I I'th¢ Act'l_ I report in r¢spe¢t of my examtnatson of the TTusVs account5 carried out under Se¢tion 145 of the Aci and in carrying out my eyamination I have followed all applicable Directions gJNen by the Charty Commissioi) under ScLtion 1451SXb) of the Art. Independent examiner's statement I have completed my exRtninatÈon. l confm that no mAteri81 nutters have come to attention in corth#tion with ihe examiT]ation ¥ivirw me CRuse to believe that m any materi81 respe¢t.' a¢coiinting records ivere r¥)1 kept in resFtcl of the TTh￿t as required by Section 110 of th¢ Act,. or the Bccounts do not accord with those records; or the accounis do noi comply wilh the 4)plie4ble requircments conctrning the form and content of a¢counts sei out in the C,hariti¢s IA¢counts and Reports) Regulations 2008 other than any requirement that tl)e accounts ¥iv¢ a true and fair i'iew which is nol a n￿ller considered as port of An ii)dynd¢nl examitmlion. I have no concerns and have come across no other m8tters m Connection with the examination to which Attention should be drav471 in this report in OTder io enable A proper utJderstandrn¥ of the a¢¢ounts to be reached. Anwer Patel BA {Hong). BFP. FCA Prestons & Jacksons Partnership LLP 3fy1- 368 Crdnbrook Road Ilford Essex IG2 6HY D81e'. Page 7 THE ORAL HISTORI. SOCIETY STATEMENT OF FTh￿NcIAL ACTII'ITIES FOR THE YEAR ENDED 31 DECEMBER 2023 31.1223 31.12.2? Unrestricted Total fund funds N￿¢$ INCOME AND ENDOWhlEliTS FROM Donations 8nd le¥dcies 2,755 2.479 Other tradinby activrtie5 InvestmeLIt income 71937 2.99B 69.001 1.035 Total 77,690 72,515 EXPENDITURE ON Raisuw funds 61ffj73 53.510 Choritsble activi¢ies GenerAI 15,435 11,036 Totil 77.108 64.546 NET INCOhlE 7.969 REC.ONC.ILJATION OF FUNDS Total IuDds broushi forward 104,051 96.08? TOTAL FLTNDS C.4RRJED FORIVARD 104ffi33 104.051 The notes fr￿ part of these fiDanrial ststements THE ORAL HISTORI, SOCIETY srATEMENT OF FIliANCIAL POSITION 31 DECF.MBER 2023 35.1223 31 1122 UDreslri¢ted Tothl fund funds Notes CURREiYf Assrrs Debtors Cash at bank 6J94 4.889 121.447 124,905 126.336 CREDITOILS Amounts follimg due withm one year (20Jn) ?? ?85) NET CURRENT ASSEI3 104ffj33 104.051 TOTAL ASSETS, LESS CURRE LIABILITAES 104,633 104,051 NV.T ASSE13 101633 104,051 FUNDS Ul￿estricted r￿d3 104ffj33 104.051 TOTAL FUNDS 104ffj33 I￿.05} Statement¥ were gFyro*rJJ by th¢ Board of Trustees and authori5ed for issue on . and were signed on its b¢baif by. Tmstee firoF J. g[￿ri OL Trustee Trustee The notes fixm part of these fmancial statements Page 9 THE ORAL HISTORI. SOCIETY NOTES TO THE FIIIth'CIAL STATEMEYrs FOR THE YEAR ENDED 31 DECEIKBER 20Z3 .4c.couKfiNG POLICIES B*8i8 of prep*riDg tbe IID8lld*l st*temeDts The f]naAcial stotements of the chanty. whj'ch is a public benefit ￿ltity under FRS 102. have been prepared in ac¢ordwice with the Chatities SORP {FRS 1021 'Accounting and Reportin￿ by Charities.. Statement of Recommended Practsce applicable tn Charities preparinb their accounts iji accordance with the Financial Rep￿in¥ Stsndard applicable in the Uk and RepublA¢ of Ireland IFRS 10?) {effeetive l JanuaT>' 2019}'. Financlal ReportU￿. Si8ndard 10: The Financial Reporting Standard applicable in the Uk aiid Republic of Ireland, and the Cknties Act 2011 The fmancial Sta￿￿ents have l*en prq)ar¢d under the historical cost conventiOTL Golng ¢oM¢erA 'thc ttusLee5 are confident th¥Lt they have sutTicient funds to coier for their charrtabl¢ activities for the next Iwelve rnonths. A5 a rc5uII of thi& th¢ a￿ounts hait bttn prepared on a goin8 concmi b&si$. Income All income 13 in the Sw¢menl of Financial Aciiiities once the chariti, has entitlement to the funds. it is probablc the income M'ill be re¢¢ived and the amount can measurcd reliablv, Donttion8 are recognised when the charity has ken n￿lfIed in writing of boih the wnount And settlemenl da¢e. In the event ihat a donation is 5ubjecl lo ￿nditionS thai require a level of perfonnance befor¢ the ¢hgriti' is entitled to the fwmts, the incomL' is dcfcrred and re¢obnis¢d until ejther those ¢ondhtions are fully met, or the fLdfilment of those condition is ￿,hO1]I. IvithiT) the control of the charity is probable thai those conditions will be fulfilled m the rewrtins period. Expt•di¢ure LiabLliiie5 are reco￿15rd as expenditure as soon 83 there is a le¥al or ¢onstw¢tive obligation conunitting the charity to that expendilury It is probable thai a transfer of economi¢ ben¢frts will be requir¢d in settlement 8nd the amounl of ihe obligotAon Call be measured reliablv. ￿'x￿nd1lUre is accounted for on an accruals b￿lS and has iKen cla551fied under headinys that aweyate &ll cost related to the category WhLr¢ eosts canJK>i be directly attributed to parti¢ular he￿ing& they have been allocaled to actii'ities un a basis wnSiSl¢nl %vith the use of resources. Irrecovernble VAT is charyed as cosr against the a¢tii'ity for which ihe expenditure wa8 T*xatioTr The chaTity is axempi from tax on Its ch￿l￿ble gctivities. Fu￿d accounting Unrcstricted fwids can be used in a￿l￿d￿¢ with the charitable objective3 at the discretson of the trustety. Restricted funds can only Ix used for particular restricted putT)oses within the objects of the charity. Restrictions aTise when Spec￿1￿ by the donor or when funds are ratsed for paniculBr restricted Further explanation of the nature and pwpos¢ of each fimd is in¢luded in the notes to the fujanciai Statements. Pag¢ 10 continued... THE ORAL HISTORI, SOCIETY NOTES TO THE FINANCIAL sfATEMEfillS- continued FOR THE I'EAR ENDED 31 DECEMBER 2023 AccoiwfiNG POLICIES- eontitsutd D¢btor8 Basic financial a55et5. incl￿1￿8 trade and (ther debtor& are initially reco8nised al transaction price. unless the orrAn8ement ¢￿]StItUteS a fu￿￿Ing tr8nsaction. where the transaction is measured at the present value ot the future receipts d￿counted at a market rate of interest. Such assets alt subsequentlv carried at aJThort￿ed cost the effe¢tive th*rest methoiL less 8ry impairnient. Credito Basic financial liabiliiies. in¢ludTnbi trade other credi1￿% loan$ from third partie5 and loans from related parties. are mitially reco￿1$¢d at transaction ￿1¢¢. vi￿C5S aTraEwment constitutes a fuJanc]ng trarLsactioTh where the debt instrLullent Is measured at the present ¥aiue of the future payments thscounted at a maTk"et rate of interest. Such instruments are subsequently ¢arri¢d at amortised cost Using the effeciive mterest method less an). Jmpginnent. Rel*ttd Party Note The charity di%loses related paty tr8nsa¢¢i(x]s An the notes to the ruW￿la1 statements. DONATIONS AND LEGACIES 3J.1223 3112.22 Donations Gill aid 30 2.T25 2.479 ?.479 OTHER TRADING AcrivrriLS 31.1223 31.12.?? In¢ome trom Conferences Subscription Income Sundries Advert151ng Oiher Generaijng Funds 27a86 36,480 3,678 34A 40S2 24,314 35.619 3.677 ty32 5.159 71,937 69.001 Pagell continued... TIIE 0114L HISTORI. SOCIETh" NOTES TO THE FIliANCIAL sfATEhlLYTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 INVESTMEKT INCOME 31.1223 31.12.?2 Dep051t account interest 2.998 1.035 TRUSTEES, RE￿[UNERATIoN AND BTr.NEFITS There were no tru5teeg remmeraiion or other benefits for the year ended 31 De¢¢tnlxr 2023 nor for the vear end¢d 31 Decembu Trnstees, expenies 31.1211 Tntstee8' cxpen5e5 All expenses incurred in the year were solel). foT th¢ traiellin¥ and trainii)8 purposes. KEV MANAGEMENT PERSONIYEL The Trust Considers its kry matiagemeffl persoTffiel comprise of the truste¢s. DEBTORS: Ai¥IOUNTS FALLING DIIE WITHIN OIYE I'EAR 31.1223 Trade deb¢ors Prepayments and a¢¢n￿d income 3,527 2,767 3.756 .133 6294 4,889 Page 12 continued... THE OtL4L HISTORI, SOCIETY NOTES TO THF. FINANCIAL STATENIEhTS - continued FOR"I'HE YEAR ENDED 31 DECEMBER 2023 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.1223 Trade creditors Other creditors 13548 6.724 7.857 2(yn MOVLMENT IN FIINDS Net movement in hnds At IlJ123 31112123 Unrmtricted fundy General fund 10&633 TOTAL FUNDS 104,051 582 104h33 Nel mov¢m¢nt in fund4 th¢luded in the above are as follows.. Incoming ResoiiTces Movcmenl resources expended in fvnds Unres¢ri¢ted funds Gen¢ral fund 77.690 (77,108 TOTAL FLINDS 77,690 (77,108) CompAritives for IA f¥nd9 Net movement in funds At 31112122 At 111122 [InreJtrACted funds General fund 96.082 7.969 104.051 TiyfAL FLTh. DS 7.969 104.051 Page 13 continued... THE ORAL HISTORI" SOCIETh' NOTES TO THE FINLNCIAL STATENIEiI'TS - continued FOR THE YEAR ENDED 31 DECEMBFR 2023 MOVEMENT IN FIINDS - cotttinTAed Cvmpat8tive net movenjent fLLn&% Ancluded An the above are as followy.. Incoming Resources MoTriement resources expended in funds Unrestrlcted fuhds tieneral fiind (64.546) 7.969 TOTAL FUNDS (64.5461 JII RELATED PARTY DISCLOSURES There wer¢ no related party transactions for the year ended 31 D¢cen)ber 2￿3 Page 14