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2022-12-31-accounts

vice-President
June		 2022)
HONORARY ARCHIVIST Dr Margaret Makepeace
(first elected 2003)
CO-OPTED MEMBERS Dr Jack Benson
(co-opted 2004)
ADDRESS The Hakluyt
Society,
c/o Map Library, The British Library,
96Euston Road, London NW1 2DB
AUDITORS Knox Cropper LLP
65 Leadenhall
Street, London EC3A 2AD
BANKERS Barclays Bank Pic,
Pall Mall Business Centre
PO Box15164,London SWIA IQE

HAKLUYT SO CIE TY BAL ANCE S HEET AS AT31 DECEMBER 2022
2022 2021
Note I I
FIXEDASSETS
Investments 2 2,607,628 2,869,954
Tangible assets 10
2,607,628 2,869,954
CURRENT ASSETS
Debtors and 11 4,768 2,267
prepayments
Cash on bank deposit 129,001 152,573
33 69 54 940
LIABILITIES:
Creditors
falling due within one
year
Subscdiptions
received		 in 24,317 18,256
advance
Other creditors and 12 22,455 7,588
accruals
25 8
NET CURRENT
ASSETS/(LIABIL-
ITIES) 86,997 128,996
TOTAL NET ASSETS
2 69 635 .998 950
TOTAL FUNDS OFTHE
CHARITY
Restricted
Fund		 13
Designated
Fund		 13 1,945,345 2,168,559
General
Fund		 13 9 28 8303
TOTAL
FUNDS		 299
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FOR THE YE AR ENDED 3 1DECEM BER 2022
2.
INVESTMENTS		 Harry and
Grace
Smith Other Total Total
Market value at I"Ianuary 2022 Fundf
2,175,882		 Investments
f
654,067		 2022
f
2,829,949		 2021
f
2,492,714
Addidons at cost 24,235 30,002 54,237 125,440
Disposals proceeds (7,676) (7,676)
Unrealised
gains/(losses)		 272 022 46916 318938 211795
1,920,419 637,153 2,557,572 2,829,949
Cash held for investment 50 015 41 50056 40 005
I 970434 637 194 2 607628 2 869954
Harry and Grace Smith Fund
Sarasin
Endowment
Fund		 1,920,419 2,175,882
Cash balance 50,015 10,005
OTHER INVESTMENTS
M &G Charifund 466,108 493,598
COIF Income Units 103,968 117,645
COIF
Fixed
Interest		 Income 37,412 42,824
Units
National
Savings Bonds		 30,000
Sarasin General
Fund		 29,665
Cash balance 41
As at 31 December 2022 2,607628 2 869,954
3 DONATIONS AND LEGACIES 2022 2021
E E
Donations
and legacies		 309 12,318
309 12318
4. CHARITABLE ACTIVITIES
Subscriptions 62,063 63,758
GiR aid - current year 1,451 1,938
previous year
Sale of publications 3,626 39,572
Royalties and copyright fees 6 580 9956
73 720 115224

OTHER TRADING ACTIVITIES 2022 2021
f
Annualreception 146
Conference
Other income 200 65
346 65
INVESTteENTS
UK dividend
income
Bank deposit interest		 87,366
41		 83,332
3
87407 83335
RAISING FUNDS
lnveslment manager fees 147 474
147 474
CHARITABLE ACTIVITIES
Undertaken Support Total
directly
F.		 costs
f		 2022
f
Publication
distribution		 coals and 73,313 42,961 116,274
Other
publication		 15,432 9,043 24,475
cosm
Conferences
Grants,
and prizes		 donations 1,162 681 1,842
Projects 2 794 1,636 4430
92700 54322 147022
Prior year
Undertaken Support Total
directly
f		 costsf 2021
f
Publication
distribution		 costs and 54,227 34,693 88,920
Other
publication		 17,545 11,225 28,770
COStS
Conferences
Grants,
donations
and prizes		 5,459 3,494 8,953
Projects 2 884 1844 4 728
80115 51256 131371
FOR THE YEAR E FOR THE YEAR E NDED 31 DECEMBER 2022
9. SUPPORT COSTS 2022 2021
6 6
Administration
services		 32,935 31,668
Events
and
publication		 of 2,581 1,655
annual
lecture
Ofhce expenses 7,585 6,893
Other support costs 5,553 6,666
Governance
costs		 5668 4 374
54322 51256
10. FIXEDASSETS
Computers
I
At Cost
is January 2022 2,331
Additions
Balance at31"December 2022 2,331
Depreoation
Brought		 Forward at 1"
January 2022 2,331
Charge for the Year
Depreciation
Carried
December 2022		 Forward at 31s 2,331
Net Book Value at31"December 2022
Net Book Value at 3U' December 2021
11. DEBTORS 2022 2021
6 I
Debtors and Accrued Income 3,435 1,398
Prepayments 869 869
VAT 464
4 768 2,267
HAKLUYT SOCIETY NOTES TO THE FINANCIAL STATEMENTS (continued)
FORTHE YEAR ENDED 31DECEMBER 2022		 SOCIETY NOTES TO THE FINANCIAL STATEMENTS (continued)
FORTHE YEAR ENDED 31DECEMBER 2022		 SOCIETY NOTES TO THE FINANCIAL STATEMENTS (continued)
FORTHE YEAR ENDED 31DECEMBER 2022		 SOCIETY NOTES TO THE FINANCIAL STATEMENTS (continued)
FORTHE YEAR ENDED 31DECEMBER 2022		 SOCIETY NOTES TO THE FINANCIAL STATEMENTS (continued)
FORTHE YEAR ENDED 31DECEMBER 2022		 SOCIETY NOTES TO THE FINANCIAL STATEMENTS (continued)
FORTHE YEAR ENDED 31DECEMBER 2022		 SOCIETY NOTES TO THE FINANCIAL STATEMENTS (continued)
FORTHE YEAR ENDED 31DECEMBER 2022
12 CREDITORS
YEAR		 AMOUNTS FALLING DUE WITHIN ONE 2022 2021
f
Publication
and
Other creditors
VAT		 distdbution
costs
and accruals		 17,550
4,905		 4,177
3,411
22455 7 588
13 FUNDS
As at
13anuary
2022		 Incoming
Resources
and gains		 Outgoing
resources		 Gains/Losses
on
Investments		 Asat31
December
2022
Restricted
Fund
Harryand
Grace
Smith
Fund 2,168,559 56,716 (7,908) (272,022) 1,945,345
General
fund 830,391 105,066 (139,261) (46,916) 749,280
2 998950 161782 147169 318938 2 694625