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2022-07-31-accounts

The Prometheus Trust

Chairman’s Report 2021-22

The Prometheus Trust has continued to limit its activities due to the covid crisis but has built on the foundations established in the last two years in the area of virtual studies.

Publishing

The Trust has ensured that its publications remain available - 2 Thomas Taylor Series volumes have been reprinted with enhancements and updates; 6 other books have been reprinted. Our usual publication of an annual anthology in association with the International Society of Neoplatonic Studies has not occurred this year - again the victim of worldwide covid restrictions - but a volume from the ISNS is now in preparation and will be published in the coming year.

Progress on transferring the Thomas Taylor Series into a more modern format to facilitate future reprinting has continued, albeit slowly.

We now have the proposed new editorial board in place and will announce this very shortly.

Booksales are holding at good levels. We have switched our main North America distributor from OMA to Kindred Star Books, run by David Nowakowski, and we look forward to a long association with him.

Education

All face to face activities were cancelled this year, but we have booked venues to restart all of our regular sessions (weekend studies at Purley Chase, and monthly classes in London and Bristol) in the autumn.

Our virtual sessions have settled into what we hope will be a long term pattern: two 8-session courses at a relatively advanced level per year, two 7-session courses at an intermediate level per year, regular 10-session introductory courses, as required, and monthly open sessions. This can be expanded as demand and our ability to staff these permits.

We do have some videos available on the web, and again this is an area which can be developed.

Conference

Our annual conference was once again cancelled due to covid restrictions. We are planning to resume in the summer of 2023, circumstances permitting.

Public Benefit

The above activities are considered to be of public benefit and pursued in fulfilment of the Trust’s stated purposes: all our zoom courses are offered free of charge; face to face meetings are charged at cost (and where necessary, subsidized) and we price our books to ensure that they are within the reach of ordinary students.

The Trust

The Trust continues to develop good connections with the wider community of those involved with the furtherance of good philosophy, and we expect to have a new website launched in the coming year to consolidate this development. In these times of exterior upheavals there is a greater necessity for that inner stability which well-founded philosophy brings - the Trust continues to encourage a deeper and wider appreciation of our ancient inheritance, and its application to modern life.

T J Addey 28.8.22

TJA August 2022

The Prometheus Trust The Prometheus Trust 299648
Receipts andpayments accounts CC16a
For the period
from
01/08/2021 To 31/07/2022
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
1,500
1,804
687
27,459
-
511
55
-

32,016
-
-
-
32,016
17,356
1,555
1,900
-
-
-
-
-
-
20,811
2,518
228
2,745
23,556
8,460
-
90,945
99,405
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
1,500
1,804
687
27,459
-
511
55
-
32,016
-
-
-
32,016
17,356
1,555
1,900
-
-
-
-
-
-
20,811
2,518
228
2,745
23,556
8,460
Last year
to the nearest £
Gifts and donations 1,500 2,125
Deeds of Covenant 1,804 1,799
Income tax reclaimed 687 487
Sales ofpublications 27,459 32,149
Seminar and conference receipts - -
Bank interest 511 623
Sundryincome 55 1,062
- -
Sub total(Gross income for
AR)

32,016
38,245
A2 Asset and investment sales,
(see table).
-
-
-
~~Sub total~~ - -
Total receipts
A3 Payments
38,245
Printingand distribution 17,356 17,236
Seminar and conference expenses 1,555 471
Management and admiin expenses 1,900 2,102
- -
- -
- -
- -
- -
- -
**Sub total ** 20,811 19,809
A4 Asset and investment
purchases, (see table)

Asset & investmentpurchases
2,518 725
Misc 228 -
**Sub total ** 2,745 -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
20,534
8,460 - 8,460 17,711
- - - -
90,945 - 90,945 73,234
99,405 - 99,405 90,945

CCXX R1 accounts (SS)

08/11/2022

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Details
Details
Equipment at nbv
Stock of publications
Bank accounts
Cash in hand
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Debtors and prepayments
Income tax due
Details
Averil Addey
Tim Addey
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
99,353
-
53
-
-
-
99,405
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
2,360
-
618
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
Unrestricted funds
-
Unrestricted funds
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
BAF Addey
TJ Addey
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
635
41,585
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Averil Addey BAF Addey 8.11.22
Tim Addey TJ Addey 8.11.22

CCXX R2 accounts (SS)

08/11/2022

2

CHARITY (OMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl rnembers of The Prometheus Trust On accounts for the year ended 3110712022 Charity no {if any) 299648 Set out on pages CC16a- pages 1 and 2 I report to the trustees on my examination ofthe accounts of the above charity ("the Trust'} for the year ended 31107 12022. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I"Ihe Act"). I report in respect of my examination of the Trust's accounts carried aut under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(51(bl of the Acl. Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in, any material respect: the accounting records were not kept in accordanGe wilh section 130 of the Charities Act., or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements concerning the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which 15 not a matter considered as part of an independent examinalion. I have no concerns and have come across no other matters in connection Wtth the examination to which attention should be drawn in this report in orderto enable a proper understanding ofthe accounts to be reached. Please delete the words in th8 braGkets if they do not apply. Signed: Date: 0311112022 Name: Martine Fitt Relevant professional qualification(s) or body (If anyl- Address: 94 Greenbank Avenue East, Bristol BS5 6EU IER Oct 2018

Section B Disclosure Only complete if the examiner needs to highlight material malters of concern (see CC32, Independent examination of charity accounts.. directions and guidan￿ for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018