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||||Page|
|---|---|---|---|
|Council Members'
report|||1-3|
|Statement
ofcouncil|members'|responsibilities||
|Independent
auditor's|report||5-8|
|Statement
offinancial|activities|||
|Balance sheet|||10|
|Notes to the financial|statements||11-20|
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|Council|Members|Members|Mr C Catling|||
|---|---|---|---|---|---|
||||Miss LAllason-Jones|||
||||Dr WJ Blair|||
||||Dr H Forde|||
||||Mr M Hall|||
||||Mr A H Murison|||
||||Mr E B Nurse|||
||||Professor C|Payne||
||||Professor R|Sweet||
||||Mr D White|||
|Director|||Mr C Catling|||
|Bankers|||Coutts 8 Co|||
||||440 Strand|||
||||London|||
||||WC2R OQS|||
|Charity|number||313303|||
|Company||number|569597|||
|Registered||office|C/0 Critchleys||LLP|
||||Beaver House|||
||||23-38 Hythe|Bridge Street||
||||Oxford|||
||||Oxfordshire|||
||||OX1 2EP|||
|Auditor|||Critchleys
Audit||LLP|
||||Beaver House|||
||||23-38 Hythe|Bridge Street||
||||Oxford|||
||||OX1 2EP|||
|Solicitors|||Farrer 8 Co|||
||||66 Lincoln's|Inn|Fields|
||||London|||
||||WC2A 3LH|||
|Investment||advisors|Brewin
Dolphin|||
||||12 Smithfield|Street, London||
||||EC1A9BD|||
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|||||Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
|||||funds||funds|
|||||2023||2022|
||||Notes||||
|Income from:|||||||
|Charitable
activities||||228||258|
|Investments||||267,242||243,970|
|Total income||||267,470||244,228|
|Ex enditure
on:|||||||
|Raising funds||||39,293||42,449|
|Charitable
activities||||406,647||140,983|
|Total expenditure||||445,940||183,432|
|Net gains/(losses)||on investments||(798,381)||542,070|
|Net movement|in|funds||(976,851)||602,866|
|Fund balances|at 6 April 2022|||8,845,291||8,242,425|
|Fund balances|at|5April 2023||7,868,440||8,845,291|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|E||||
|Fixed assets|||||||||
|Investments||||12||7,789,634||8,637,834|
|Current assets|||||||||
|Debtors||||13|24,354||||
|Cash at bank|and|in|hand||324,013||312,429||
||||||348,367||312,429||
|Creditors: amounts|||falling due within||||||
|one year|||||||||
|Other creditors||||14|269,561||104,972||
|Net current assets||||||78,806||207,457|
|Total assets|less|current liabilities||||7,868,440||8,845,291|
|Income funds|||||||||
|Unrestricted|funds|-|en eral||||||
|Designated
funds:|||||||||
|Unexpended|income||Fund||78,806||207,457||
|Capital
Fund|||||7,789,634||8,637,834||
|||||15|7,868,440||8,845,291||
|||||||7,868,440||8,845,291|
|||||||7,868,440||8,845,291|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|general|
|||||2023|2022|
|||||F|E|
|Dividends|from equities|||244,527|198,357|
|Interest from fixed interest securities|||||24,317|
|Income from Charities||Property|Fund|21,830|21,090|
|Interest receivable||||885|206|
|||||267,242|243,970|
|Charitable|activities|||||
|||||2023|2022|
|||||E|E|
|Royalties|received from sale of||books|228|258|
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|Raising fu|nds||||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||general|general|
||||2023|2022|
||||f||
|Investment|mana|ement|39,293|42,449|
||||39,293|42,449|
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|Charitable
activ|ities|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Research|Research|
|||||||||||||and|and|
|||||||||||||publication|publication|
|||||||||||||2023|2022|
|||||||||||||f|E|
|Grant funding
of|activities (see note|||7)||||||||366,182|102,605|
|Share ofsupport costs (see note 8)
Share ofgovernance
costs (see note|||||8)|||||||29,008
11,457|28,175
10,203|
|||||||||||||406,647|140,983|
|Grants payable||||||||||||||
|||||||||||||Research|Research|
|||||||||||||and|and|
|||||||||||||publication|publication|
|||||||||||||2023|2022|
|Grants to institutions||||||||||||274,372|80,898|
|Grants to individuals||||||||||||93,730|30,090|
|||||||||||||368,102|110,988|
|Adjustments
and|grants
not taken||up|||||||||(1,920)|(8,383)|
|||||||||||||366,182|102,605|
|During the year|the following|grants||were awarded|||||to Institutions:|||||
|||||||||||||2023|2022|
|National
Musuem
Scotland:||The|iron artefacts|||||from Trimontium,||the|Roman|||
|fort at Newstead||||||||||||3,175||
|St Bartholomew|the Great;|900Years||||||||||2,000||
|Canterbury
Archaeological
and Sea in the Early Middle||Trust:
Ages||Transitions
of Northern|||and Relationships
Europe|||over Land||3,000||
|University
of Exeter Press:||Sacrament||||an Alter||||||2,728||
|British Museum:|English
Medieval||||Coin Hoards:||||age ofthe sterling||penny|||
|1180-1351and English
Medieval
Great Debasement
1351-1560||||Coin||Hoards:||from the return||to gold to the||8,500||
|Archaeopress:
Wales|Moel-y-Gaer,|Bodfari, a small|||||hillfort
in Denbighshire,||||North|960||
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|Grants payable|Grants payable|Grants payable|Grants payable|(C|ontinued)|
|---|---|---|---|---|---|
|University
of Sheffield:
Digitising
the Medieval
Guild Certificates of 1388-9:a
pilot project||||4,972||
|The Royal Historical Society and the Rise ofthe Modern
Historical|Profession|||2,437||
|Hearth Tax Research Project||||4,000||
|Historic Towns Atlas||||25,000||
|University
ofLeicester: The Wilberforce
Diaries, 1779-1833:Parliament,
Reform, and Abolition||||100,000||
|Victoria County
History: Medieval
Newport
(Shropshire):
an edition
and other sources to c.1550|ofcharters|||1,600||
|8th Darlington
(Cockerton Green) Scout Group: Archive
digitisation||||5,000||
|Faculty of History,
University
of Oxford: The Writs and Charters of|William||II|4,400||
|Harlaxton
Symposium:
Medieval
Travel||||1,000||
|Bodleian
Library, Oxford: Understanding
the medieval
Gough
Map
Physics,
Chemistry
and History|through|||38,476||
|Courtauld
Institute: The National
Wall Paintings
Archive||||26,000||
|Victoria County
History: VCH Wiltshire
volume
XIX, Mere and the|Deverill|||||
|Valley||||13,500||
|Victoria County
History: Red Books Digitisation||||25,000||
|Victoria County
History: Digitisation
of Northern
Archaeology||||2,624||
|Faculty ofArchaeology,
University
of Oxford: Moel-y-Gar
hillfort excavation||report|||1,000|
|Archaeopress:
Hadrian's
Wall Cultural
Resource Management
2022|||||1,200|
|Victoria County
History: Economic History chapter ofVCH Wilts Vol 20:
Chippenham
The York Medieval Press: The Guild Book ofthe Barbers and Surgeons of||York|||3,000
500|
|The Canterbury
and York Society: The Visitation
of Hereford Diocese|in 1397||||533|
|Historic Towns Atlas: Coventry
Historical
Map|||||2,615|
|Twentieth-century
Society: Patrick Gwynne|||||500|
|Society ofAntiquaries
of Scotland: Radar
in Scotland 1938-46
Prehistoric
Society: Neolithic Stone Extraction|||||1,600
1,400|
|Prehistoric Society: Fragments
of Bronze|||||750|
|Welsh Place-names
Society: Place-names
of Carmarthenshire|||||2,000|
|Boydell & Brewer: Frisians of the Early Middle Ages
British Academy: Anglo-Saxon
Charters
ofWorcester Cathedral|||||500
27,500|
|Yale University
Press: The Buildings of England:
Staffordshire|||||7,000|
|Yale University
Press: Wiltshire
Non-conformist
Chapels
and Meeting|Houses||||1,000|
|Historic Towns Atlas:Town
and country;
perspectives
from the Irish Historic
Towns Atlas|||||4,000|
|Colchester 8 Ipswich Museums
Service: Creating
Constable|||||1,000|
|Book Owners
Online|||||24,800|
|||||274,372|80,898|
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|8|Support costs|Support
costs|Governance
costs|2023|Support
costs|Governance
costs|2022|
|---|---|---|---|---|---|---|---|
|||f||f|E|E||
||Staff costs|27,760||27,760|27,760||27,760|
||Other office costs|615||615|415||415|
||Travel expenses|633||633||||
||Audit fees||8,658|8,658||7,872|7,872|
||Accountancy
Expenses
Bank charges||1,670
984
145|1,670
984
145||1,212
996
123|1,212
996
123|
|||29,008|11,457|40,465|28,175|10,203|38,378|
||Analysed
between
Charitable
activities|29,008|11,457|40,465|28,175|10,203|38,378|
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|The ave|rage
monthly
num|ber
of employees
during
the year wa|s:||
|---|---|---|---|---|
||||2023|2022|
||||Number|Number|
|Average|monthly
number|of employees|||
|Employment
costs|||2023|2022|
|Wages and salaries
Other pension costs|||25,000
2,760|25,000
2,760|
||||27,760|27,760|
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|12|Fixed as|set investments|||||||
|---|---|---|---|---|---|---|---|---|
|||||Charities||Investments|Cash held by|Total|
|||||Property|Fund|held by|Investment||
|||||||investment|Manager||
|||||||manager|||
||Cost or valuation||||||||
||At 6April|2022||599,551||7,799,147|239,136|8,637,834|
||Additions|||||2,145,032|(2,145,032)||
||Valuation|changes||(80,339)||(718,042)||(798,381)|
||Other cash movements||||||(49,819)|(49,819)|
||Disposals|||||(2,036,632)|2,036,632||
||At 5April|2023||519,212||7,189,505|80,917|7,789,634|
||Carrying
amount
At 05 April 2023|||519,212||7,189,505|80,917|7,789,634|
||At 05 April 2022|||599,551||7,799,147|239,136|8,637,834|
||||||||2023|2022|
||||||||E||
||Investments
at fair value comprise:||||||||
||Fixed interest,
preference||and convertible|shares|||1,046,975|954,110|
||Equities
& Similar investments
Private equity
Property
trusts||||||5,669,213
172,477
177,580|6,232,305
342,755
269,977|
||Liquidity|funds|||||123,260||
||||||||7,189,505|7,799,147|
|13|Debtors||||||||
||||||||2023|2022|
||Amounts|falling due within one year:|||||F.||
||Prepayments
and accrued income||||||24,354||
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|14|Other creditors
falling|due within one year|||
|---|---|---|---|---|
||||2023|2022|
|||||f|
||Grants Outstanding
Accruals
and deferred|income|260,903
8,658|86,417
18,555|
||||269,561|104,972|
##
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|These have been split by the Council of Management
into the following
designated
funds:|These have been split by the Council of Management
into the following
designated
funds:|These have been split by the Council of Management
into the following
designated
funds:|These have been split by the Council of Management
into the following
designated
funds:|These have been split by the Council of Management
into the following
designated
funds:|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|~ Capital Fund which represents||the value ofthe charity's
investment
portfolio;||and|||||||
|~ Unexpended|Income Fund which represents||income received that has yet to|be expended.|||||||
||||Movement
in funds||||Movement|in funds|||
|||Balance at
6April 2021|Income
Expenditure
Revaluations,
gains and
losses||Balance at
6Aprg 2022|income|Expenditure|Transfers|Revaluations,
gains and
losses|Balance at
5April 2023|
||||E
E|E||||E|E||
|Capital
Fund
Unexpended|Income Fund|8,137,838
104,587|(42,074)
259,652
(156,782)|542,070|8,637,834
207,457|267,470|(39,293)
(406,647)|(10,526)
10,526|(798,381)|7,789,634
78,806|
|||8,242,425|259,652
(198,856)|542,070|8,845,291|267,470|(445,940)||(798,381)|7,868,440|
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