**Charity Registration No. 313940** 

**Company registration No. 00477436 (England and Wales)** 

## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

# **REPORT AND ACCOUNTS** 

**FOR THE YEAR ENDED 31 MARCH 2023** 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **CONTENTS** 

|Reference and Administrative Details|1|
|---|---|
|Report of the Council of Management|2 - 12|
|Independent Examiners Report|13 - 14|
|Statement of Financial Activities|15|
|Balance Sheet|16|
|Statement of Cash Flows|17|
|Notes to the Accounts|18 - 47|





## **REFERENCE AND ADMINISTRATIVE DETAILS** 

**LEGAL NAME** British Institute of Archaeology at Ankara **PUBLIC NAME** British Institute at Ankara 

## **REGISTERED OFFICE AND PRINCIPAL ADDRESS** 

The British Academy 10 Carlton House Terrace London SW1Y 5AH **BANKERS** Royal Bank of Scotland London City Office 62-63 Threadneedle Street London EC2R 8LA **ACCOUNTANTS** WMT Chartered Accountants 4 Beaconsfield Road St Albans AL1 3RD **REGISTERED CHARITY** 313940 **REGISTERED COMPANY** 00477436 (England and Wales) **WEBSITE ADDRESS** www.biaa.ac.uk 

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## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **REPORT OF THE COUNCIL OF MANAGEMENT FOR THE YEAR ENDED 31 MARCH 2023** 

The Council of Management submit their report together with the independent examination of the Institute for the year ended 31 March 2023.  This report constitutes a Directors’ Report as required by the Companies Act 2006. 

## **COUNCIL OF MANAGEMENT** 

The following served as members of the Council of Management for all, or part of the year ended 31 March 2023, as more fully explained below. 

Professor Jim Crow (Chair) Professor Aylin Orbasli (Deputy Chair) Dr Warren Eastwood (Honorary Secretary) Mr Kamran Hashemi (Honorary Treasurer) Mr Richard Bradley (Deputy Honorary Treasurer) Dr Natalie Martin Mr Ziya Meral Professor Scott Redford Ms Mina Toksoz Dr John McManus Dr Anna Collar (appointed on Tuesday 6[th] December 2022) Dr Catherine Draycott (appointed on Tuesday 6[th] December 2022) Professor Mark Jackson (appointed on Tuesday 6[th] December 2022) Dr Sophie Moore (appointed on Tuesday 6[th] December 2022) 

Member(s) of the BIAA Council rotating off as of Tuesday 6[th] December 2022: Dr Delwen Samuel, Professor Tamar Hodos, Dr Ceyda Karamursel and Professor Michael Talbot. 

## **PRESIDENT** 

Sir Dominick Chilcott, KCMG (appointed on Tuesday 6[th] December 2022) 

Professor David Hawkins stepped down as President on Tuesday 6th December 2022. 

## **VICE PRESIDENTS** 

Sir Timothy Daunt (passed away on Saturday 5[th] August 2023) Sir Matthew Farrer (passed away on Sunday 21[st] May 2023) Sir David Logan 

## **DIRECTOR** 

Dr Lutgarde Vandeput 

## **LONDON MANAGER** 

Miss Laura Paterson 

## **OBJECTIVES AND ACTIVITIES** 

The principal objectives of the Institute during the year remained to support, promote, facilitate and publish British research focused on Turkey and the Black Sea littoral in all academic disciplines within the arts, humanities and social sciences, and to maintain a centre of excellence in Ankara focused on fields including archaeology, ancient and modern history, heritage management, social sciences and contemporary issues in public policy and political sciences. 

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A summary of the Institute’s achievements and performance in the UK, Turkey and the Black Sea region during the year is set out below. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

The Institute is a company limited by guarantee and a charity registered in England and Wales. 

The members of the Council of Management are the directors of the company and the trustees of the charity.  They therefore have responsibility under the Institute’s Articles of Association (as altered by special resolution passed on 6 December 2004, 17 November 2015 and 9 December 2020) for the management of the Institute.  The Council of Management consists of up to six Officers (Chair of the Council, Deputy Chair, Honorary Secretary, Deputy Honorary Secretary, Honorary Treasurer and Deputy Honorary Treasurer), each elected for a period of three years, and not less than five, but not more than eight, Elected Members, each elected for a period of four years.  As vacancies arise, nomination forms for members of the Council of Management, including the Honorary Secretary and Honorary Treasurer but not the Chair are sent annually to all members of the Institute.  Elections take place at the AGM.  The Chair, however, is appointed by the Council of Management.  The appointment of a new Chair must be endorsed at the AGM following the appointment. 

New members of the Council of Management are given every assistance to undertake these responsibilities effectively. Several committees advise the Council of Management on various aspects of the Institute’s affairs. 

The offices in London and Ankara are staffed by paid employees of the Institute who report to the Council of Management.  Day to day management of the Institute is delegated to the Director, while administrative matters are handled by the London Manager and administrative staff in Ankara.  The Director and London Manager work closely with the Honorary Officers. 

Trustees determine remuneration of academic and management staff based on market conditions. Rates of pay for the Director, Assistant Directors and London Manager are derived from the relevant UCL academic and administrative pay scales. Pay rises are approved by trustees, if required as part of an annual review. 

## **STATEMENT ABOUT GRANTMAKING POLICY** 

All applications are assessed against written and publicly available criteria.  Applications are judged on their academic merit through a stringent process of peer review by appropriate experts.  Application forms, references and external assessments are considered by the Research Committee of the Institute.  Members of the Institute’s Research Committee and external assessors evaluate applications on the basis of their academic merit, taking into account originality, the relationship to and volume of research already in the field, the scholarly importance of the research proposed the feasibility of the research programme, the costeffectiveness, the specificity of the scheme of research and intended outcomes. Recommendations made by the Research Committee are passed to the Council of Management for final decision on all awards. 

## **ACHIEVEMENTS AND PERFORMANCE** 

Institute activities during 2022/23 closely follow the contours of the Corporate Plan. 

## **RESEARCH** 

The Institute continued to encourage as wide a scope of high-quality research as can be supported with its financial, practical, and administrative assistance. The Institute supports a small number of thematically focused research programmes, stimulated by current concerns of academic research in the UK as well as internationally; these are known as strategic research initiatives (SRIs). The strategic initiatives which have 

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been supported in 2022/23 are: cultural heritage, society and economy in Turkey; migration, minorities and regional identities; interconnections of peace and conflict: culture, politics institutions in national, regional and international perspectives; Anglo-Turkish relations in the twentieth century; climate, changes and the environment; habitat and settlement in prehistoric, historical and contemporary perspectives; legacy data; using the past for the future. 

Eleven individual projects operating within the strategic research initiatives scheme have been funded.  This is a diverse group of projects, structured within clearly defined research initiatives, and the individual projects are as diverse as the major multi-disciplinary research, from archaeological projects at Boncuklu (Neolithic) and Aphrodisias (Classical) to ‘Migration and Medicine: Bridging the Gap between Patients and Migrant Doctors.’ 

The Institute benefits from the presence of its post-doctoral research fellows in Turkey. On 1 September 2021, Dr Gizem Pilavcı, a historian who received her PhD from the University of Oxford, started a 12-month fellowship examining the Catholic Armenian population of Ankara during the late Ottoman period. On 1 January 2022, Dr Bradley Jordan, an ancient historian who received his PhD from the University of Oxford, started a postdoctoral fellowship researching the Roman province of Asia.  Dr Işılay Gürsu continued her work on Heritage Management and Public Archaeology as the BIAA’s Senior BIAA Heritage Management Fellow. 

In March 2021, the BIAA were awarded a Large Grant Award from the British Academy’s Knowledge Frontiers: Interdisciplinary Research Programme (Funded by the UK’s Department for Business, Energy and Industrial Strategy). The project ‘Water in Istanbul: Rising to the challenge?’ brings archaeologists, historians, hydraulic engineers and social scientists together to study water-related problems in the past and the present. Dr Ender Peker was employed as full-time Postdoctoral Fellow in 2021-22 and Dr Akgün İlhan as part-time Postdoctoral Fellow in 2022-23, focusing on the social science-related research. 

The BIAA has developed a close collaboration with ‘Imagining Futures through Un/Archived Pasts’ (IF), an AHRC / GCRF Network+ project funded by UKRI and led by the University of Exeter. The IF Network aims to facilitate egalitarian archival practices that respect multiple and divergent narratives about the past. The BIAA received a £7,000 in 2021/22 for digitalising the BIAA herbarium and making it openly accessible. In addition, the BIAA organised the ‘Herbarium Digitalisation Processes and Digital Herbaria in Turkey’ Workshop on 14-15 June 2022. 

In 2022/23, the network pledged a further £12,500 to support a collaboration with the British Institute for Libyan & Northern African Studies (“BILNAS”), focusing on widening access to archives by focusing on the concept of ‘creators’ - the people who collect, create and interpret archival material – as ways to connect documents and information hosted in different institutions (https://imaginingfutures.world/projects/connecting-archives-connecting-people/). It aims to create datasets about people in the archives of BILNAS and BIAA, add authority links, and create linked open data. English, Turkish and Arabic guidelines will be prepared for small GLAM organisations. 

The BIAA has also participated in IF’s ‘Dialogues’ programme ‘Sharing best practices’ and hosted a workshop, organised by Imagining Futures, on ‘Strategic Uses of Archives, Contexts of Displacement, Reconstruction and Recovery Post-Conflict (Turkey)’ (https://imaginingfutures.world/imagining-futuresgathering/). 

Eloise Jones completed a BIAA Research Assistantship in December 2022. She worked with the Digital Repository Management team on uniformising the digital archive of previous and ongoing research projects entries and on cataloguing and digitalisation of the BIAA’s extensive collections. Eloise also supported the London office with a variety of administrative tasks. 

The research scholarship is an initiative designed to support the development of junior academics.  In October 2021, The BIAA appointed Research Scholar, Burcu Akşahin, who worked with the Digital Repository 

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Management team on a variety of tasks, including archiving events in the cloud-based Microsoft Office 365 system. 

The BIAA maintained its role as a supporter, facilitator and organiser of high-quality UK research in Turkey and the Black Sea region in the Humanities and Social Sciences represented under its SRIs, through research grants to UK-HEI related researchers. The Research Scholarship, Research Assistantship and fellowships hope to encourage participation by early career scholars in the strategic research initiatives scheme, which support the development of promising students into full academics. 

## **Strategic Research Initiatives Expenditure funded by BIAA** 


**----- Start of picture text -----**<br>
Name  Institution  Proposed Activity  Award<br>Baird  University of  Boncuklu; the first farmers of central Anatolia  £10,300<br>Liverpool<br> Bachhuber  University of  Konya Regional Archaeological Survey Project  £4,300<br>Oxford<br>University of  £10,300<br> Smith  The Tetrapylon Street at Aphrodisias<br>Oxford<br>University of  £3,800<br> Greaves  Telmessos Survey<br>Liverpool<br>University of<br> Greaves  Active Learning Protects Heritage and Archaeology (ALPHA 2)  £3,800<br>Liverpool<br>Local efforts for climate change adaptation with limited<br> Peker  BIAA  £3,300<br>resources: the Case of Kadıköy, Istanbul<br>University of  Migration and Medicine: Bridging the Gap between Patients<br>Guzel  £3,300<br>Cambridge  and Migrant Doctors<br> Vandeput  BIAA  Water in Istanbul: Rising to the Challenge?  £8,300<br> Georgiadou  [University of ] £1,965<br>Liverpool  Documentation of sites of religious syncretism in Istanbul<br>MacArthur- Plant Survey and Ecological Report on Feriköy International<br>BIAA  £5,300<br>Seal  Protestant Cemetery, Istanbul<br>Hodder  Stanford  Gobeklitepe-Karahantepe excavations  £5,500<br>£60,165<br>**----- End of picture text -----**<br>


## **David French Scholarship** 

|**Name**|**Institution**|**Proposed Activity**|**Award**|
|---|---|---|---|
|Walker-<br>Silvermann|University<br>of Oxford|Resentful Hospitality: The role of intergroup contact,<br>perceived threat and social norms in shaping host community<br>attitudes towards Syrian refugees in Izmir, Turkey.|£1,000|
|ElSehamy|Manchester<br>University|To cover ongoing PhD ethnographic fieldwork in Istanbul|£1,000|



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|Solovyev<br>University<br>of Oxford<br>Research trip to conduct archival and primary research in<br>Istanbul and Izmir for doctoral dissertation ‘the visual<br>representations of the British railways constructed in Western<br>Anatolia in the mid-nineteenth century.’|£1,000|
|---|---|
||£3,000|



## **Doughty-Wylie Scholarship** 


**----- Start of picture text -----**<br>
Name Institution Proposed Activity Award<br>**----- End of picture text -----**<br>


|**Name**<br>**Institution**<br>**Proposed Activity**<br>**Award**|**Name**<br>**Institution**<br>**Proposed Activity**<br>**Award**|**Name**<br>**Institution**<br>**Proposed Activity**<br>**Award**|**Name**<br>**Institution**<br>**Proposed Activity**<br>**Award**|
|---|---|---|---|
|||||
|Lord|University of Wales,<br>Trinity St David|A visit to Hellenistic sites in western Turkey that were<br>on the edge of Seleukid rule between 281 and 188<br>BCE.|£985|



## **Turkish Scholars Fund** 


**----- Start of picture text -----**<br>
Name Institution Proposed Activity Award<br>Karakusheva Independent  Population Politics and Nation Building:  Migrations  £500<br>scholar of Turkish and Muslim Populations from Bulgaria to<br>–<br>Turkey (1925 1939)<br>Mart  University of  A comparison of English and Turkish early  £500<br>Plymouth  years/kindergarten teachers’ understandings of and<br>practices in outdoor activities<br>Özsoy  Erzurum Technical  To present research on Rome-Sasanian rivalry at  £500<br>University  the International Medieval Congress<br> Said Kardas  İzmir Bakırçay  To visit the UK National Archives  £500<br>University<br>£2,000<br>**----- End of picture text -----**<br>


## **Larger Project Expenditure** 


**----- Start of picture text -----**<br>
Name Institution Proposed Activity Award<br>Archives Portal  BIAA Digitisation of the Tille Höyük Photographic Collection<br>Europe Foundation and creation of additional metadata for ingestion in  £4,020<br>Archives Portal Europe and Europeana<br>Archives Project   BIAA   Digitisation of the BIAA Collections   £16,698<br>Feriköy Project  BIAA  The Feriköy Protestant Cemetery Initiative  £4,327<br>Herbarium   BIAA   Herbarium Remount and Digitisation Project   £5,516<br>Imagining Futures  BIAA  Imagining Futures through Un/Archived Pasts  £9,500<br>Knowledge  BIAA   Water in Istanbul: rising to the challenge?  £115,121<br>Frontiers<br>NAHREIN  UCL  Virtual visiting scholar programme  £2,042<br>SARAA  BIAA    Safeguarding and Rescuing Archaeological Assets  £1,664<br> £151,708<br>**----- End of picture text -----**<br>


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## **TOTAL EXPENDITURE ON RESEARCH GRANTS 2022/23: £209,144** 

The BIAA also awards grants to individual Research Fellows, Research Scholars and Research Assistants (£80,968 in 2022/23). Information on grants to institutions and individuals prepared in accordance with Charity Commission reporting requirements appears in Note 4(a) to the Accounts below, but it should be noted that these figures are not directly reconcilable with the list of grants given above. 

## **PUBLICATIONS** 

In December 2022, Tamar Hodos stepped down as Chair of the Publications Committee and as Editor of the BIAA Archaeological Monographs series after ten years in both roles. She is succeeded by Cathie Draycott. 

Abby Robinson was appointed to the role of Editor of Annual Publications in August 2022. The academic editor of Anatolian Studies, Naoise Mac Sweeney began a period of 16 weeks’ leave in April 2023 and was covered by Anna Collar, who will continue to share the position after Naoise Mac Sweeney’s return. 

Production of the annual publications in 2022 was significantly affected by the sad and unexpected loss of Gina Coulthard. Both Anatolian Studies 73 and Heritage Turkey 12 were delayed by approximately two months, and thanks are due to the editorial team for their very hard work to make that happen. Production has been brought back on schedule for the 2023 editions. 

The following volume was published in the BIAA Monograph series, and was accompanied by extensive online supplementary materials: 

- _Çatalhöyük Excavations: The 2009–2017 Seasons_ , edited by Ian Hodder (December 2022). 

This is the last BIAA Monograph to be produced in hard copy as a matter of course. Henceforth, the monographs will be published and sold as e-books only, with print on demand available on request. 

A Bibliography of Armistice-Era Istanbul, 1918–1925, edited by Daniel-Joseph MacArthur-Seal and Gizem Tongo was published as a BIAA open access e-book in September 2022. It is now freely available via the BIAA website. 

The following volume was published in the BIAA-IB Tauris Contemporary Turkey series: 

- _Mobility and Armenian Belonging in Contemporary Turkey_ by Salim Aykut Öztürk (February 2023). 

## **PREMISES AND FACILITIES** 

The BIAA continued to rent the first, second and part of the third floor in an apartment building on Atatürk Bulvarı 154, as its main premises in Ankara.  A rented guesthouse apartment continued to be utilised throughout the year with a constant intake of students and scholars. In London, the Institute’s office remains at the premises of the British Academy in Carlton House Terrace. 

## **STAFF** 

Lutgarde Vandeput, Director, continued to provide overall academic direction and was responsible for the administration and management of the Institute in its Ankara premises. Daniel-Joseph MacArthur-Seal, Assistant Director since 1 September 2019, remained responsible for the supervision of library administration, providing guidance to the Research Scholar and Post-Doctoral Fellows, and a programme of events related to the Ottoman Empire and modern Turkey. On 1[st] April 2023, Dr Işılay Gürsu joined the BIAA as the institute’s second Assistant Director. 

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The Ankara Manager, Gülgün Girdivan, oversaw the day-to-day administrative management of the Institute in Ankara, assisted by the part-time Assistant Manager Başak Bodur, Housekeeper Keziban Çoşgun and Mustafa Balcı, part-time Concierge, continued to look after the premises in Ankara. 

The London Manager, Laura Paterson, has managed the London office since 14 October 2019. 

## **RESEARCH RESOURCES** 

The Ankara library and other research resources were in continuous use.  There was a continuing strong demand from UK-based researchers, the local academic community and scholars from other countries around the world.  A key role of the Institute in Ankara is serving as a regional resource centre and efforts have been made to improve the accessibility of the collections and promote their use.  The library catalogue, which was transferred to an industry-standard catalogue, Koha, and the archaeological research collections are fully web accessible.  Work on the photographic collections and the archives is ongoing and data are being induced into the Digital Repository Management System, which was officially launched on 21 March 2023 (https://biaa.ac.uk/digital-repository/). 

Burçak Delikan, the Senior Librarian/Resource Manager, oversaw the library and the physical collections throughout the year.  The Assistant Librarian Nihal Uzun provided assistance in the library as well as to users of the physical research collections. 

Nurdan Atalan-Çayırezmez continued work in the capacity of Digital Repository Manager.  Gonca Özger has held the position of Assistant Digital Repository Manager, from 16 March 2020 onwards. Orhun Uğur joined the Digital Repository Management team on 1 October 2021 as Digital Archivist. 

The staff responsible for the research resources are regularly joined by volunteers and interns from several universities in Ankara. 

## **LECTURES AND EVENTS** 

During 2022/23 the Institute hosted regular virtual and hybrid lectures in London and Ankara. 


**----- Start of picture text -----**<br>
What the Russian invasion of Ukraine means for<br>2022-04-14  Round Table / panel  Online<br>Turkey: Diplomacy, Economy, and Security<br>Civic Patrons and Common Benefactors: The<br>2022-04-28  language of honour in Roman Asia during the late  Public Lecture  Online<br>Republic<br>The Emergence of Music as a “Profession” in<br>2022-05-10  Public Lecture  Online<br>Turkey<br>The Display of Wealth, Status and Power: Two<br>2022-05-19  Recently Discovered Mid Fourth-century BC  Public Lecture  Online<br>Pebble-mosaic Floors from Sinope<br>From Theory to Practice: How SARAT graduates<br>2022-06-08  Public Lecture  Online<br>apply their new knowledge to their lives<br>2022-06-14  WORKSHOP: Herbarium Digitisation Processes  In<br>/ 2022-06-15  and Digital Herbaria in Turkey   Training Workshop  person<br>Discovered and Going Extinct! The Effects of<br>2022-06-15  Public Lecture  Online<br>Human Activity on Turkey’s Plant Biodiversity<br>2022-06-30  Occupied Istanbul: Urban Politics, Culture and  Online/In<br>Conference<br>/ 2022-07-02  Society, 1918-1923  person<br>**----- End of picture text -----**<br>


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**----- Start of picture text -----**<br>
CLOSED WORKSHOP: Water in Istanbul: Rising to  In<br>2022-07-21  Workshop<br>the Challenge  person<br>2022-09-05  HYBRID CONFERENCE: Greece, Turkey and the  In<br>Conference<br>/ 2022-09-06  Past and Present of Forced Migrations   person<br>PANEL: Interpreting the shadows of urban memory<br>In<br>2022-09-27  in Istanbul and reviving the ancient for a  Round Table / panel<br>person<br>contemporary world<br>Inside Qatar: hidden stories from the one of the  Online/In<br>2022-10-11  Public Lecture<br>richest nations on earth  person<br>The Transnational Life and Agency of Aroussiag<br>Iskian: Retracing the Steps of an Obscure  Online/In<br>2022-10-25  Public Lecture<br>Armenian Woman from Marsovan [Merzifon] to  person<br>New York<br>Capacity Building and Community Heritage in<br>2022-11-03  Public Lecture  Online<br>Assur, Iraq<br>A Lord’s Prayer inscription from Amorium and the<br>2022-11-07  Public Lecture  Online<br>materiality of early Byzantine Christian prayer<br>2022-11-15  The Social Life of an Ottoman Gentleman, ca. 1550  Public Lecture  Online<br>One step forward in the exploration of the Iron Age<br>Online/In<br>2022-12-01  in Central Anatolia. From the Çatalhöyük  Public Lecture<br>person<br>excavation to the regional survey<br>Britain on the Bosphorus: UK-Turkey Relations  In<br>2022-12-06  Public Lecture<br>and the Legacy of War and Occupation, 1914-1923  person<br>Where to put them? Burial location in Middle<br>2022-12-08  Hellenistic to Late Roman (second century BC-fifth  Public Lecture  Online<br>century AD) Sagalassos, southwest Anatolia.<br>Gina Coulthard Memorial Lecture: Sinope in a  In<br>2023-01-13  Public Lecture<br>Black Sea World  person<br>Book Launch: Pisidia Heritage Trail: Hiking<br>Online/In<br>2023-01-17  Through Ancient Sites and Highlands of the  Public Lecture<br>person<br>Western Taurus Mountains, Turkey<br>In<br>2022-03-14  Water in Istanbul  Conference<br>person<br>2023-03-17  BIAA 75th Anniversary and Sarat Meeting  Conference  Ankara<br>Online/In<br>2023-03-21  BIAA Digital Repository Launch  Public Lecture<br>person<br>The Cultural Environment and Landscapes of  Online/In<br>2023-03-28  Public Lecture<br>Seleukeia Sidera  person<br>**----- End of picture text -----**<br>


## **FINANCIAL REVIEW** 

The independent examination of the Institute for the year ended 31 March 2023 are attached to this report. A review of the transactions and financial position of the Institute is set out below. 

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The net deficit in the year can be explained by the Knowledge Frontiers grant in which £122,566 was carried forward on the fund. Given this was the final instalment of the grant the expenditure to draw down on this surplus of £115k is the primary reason for the overall deficit. 

## **FUNDS** 

## **British International Research Institutes (BIRI) Funds** 

The Institute’s principal source of income during the year continued to be grants from the British Academy, under their BIRI programme, which totalled £573,063. Because of the terms of British Academy BIRI grants in force from 2016/7, all BIRI funding is now treated as Restricted Funds. 

## **Turkish Scholars Fund** 

After grants payable (£1,960 net expenditure), the fund balance carried forward decreased from £73,075 to £68,101 at the end of the year. 

## **Professor O.R. Gurney Memorial Fund** 

The fund balance carried forward decreased from £54,984 to £52,745 at the end of the year. 

## **David French Fund** 

There was £3,000 expenditure, the fund balance carried forward decreased from £21,100 to £18,100 at the end of the year. 

## **David Edwin Jameson Fund** 

The fund balance carried forward of £26,127 decreased to £25,049 at the end of the year. 

## **Doughty-Wylie Scholarship Fund** 

The fund provides two grants of up to £1,000 each to support postgraduate students in any field of the arts, humanities and social sciences to participate in fieldwork or other research activity in Turkey. One grant of £985 was awarded in 2022/23. 

In addition, grants for specific projects are treated as restricted funds in the accounts. 

## **INVESTMENT POLICY** 

Decisions are taken by the Finance Committee on the basis of professional advice, currently from Brewin Dolphin, who provide day to day investment management on a discretionary basis.   Both short-term and long-term needs of the Institute are taken into account, as well as the effect of inflation on capital and income.  Investment performance is reviewed at least annually by the Finance Committee on the basis of reports presented to the Committee.   At the request of Council, Brewin Dolphin have been asked as far as possible to avoid investment in armaments companies and to increase holdings in funds invested in companies with a track record in ethical and sustainable business. 

For Unrestricted Funds, a balanced approach to investment is adopted, to give a mix of income and capital growth.  The Restricted Funds require income from which to make grants.  Investments will therefore be oriented towards income with some potential for capital growth and/or capital protection. 

With the adverse movements in the global stock markets, the market value of investments declined by 4.3% or £15,791 during the year to 31 March 2023. 

## **STATEMENT ABOUT RISKS AND RESERVES POLICY** 

The Members of the Council of Management have undertaken a review of the major risks to which the Institute is exposed, and systems designed to mitigate those risks have been considered.  The Finance Committee of the Council of Management monitors the level of reserves required.  The level of reserves is 

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held at a minimum of £185,000, based on estimates of 4 months operating costs and the cost of closing the operation in Ankara in an emergency. These reserves are believed to be adequate to cover any deficit and perceived risk areas. As of 31 March 2023, Free Reserves stood at £175,223, below the agreed minimum of £185,000. This is due to an decrease of £26,928 in the BIAA provision for its share of the Universities Superannuation Scheme (USS) pension deficit, based on the 2020 triennial pension valuation. Further details can be found under Exceptional Expenditure on page 10 and note 12 to the accounts. 

Council keeps key risks to the Institute's activities under regular review and continues to monitor a more comprehensive Risk Register during the year.  Currently the risks with the highest level of probability are funding, political and regulatory risks, mitigated to some extent by joint lobbying of the British Academy by the BIRI Treasurers and Directors, and by maintaining close relations with the British Embassy in Ankara and with the Directorate General of Museums and Monuments. 

## **PLANS FOR FUTURE PERIODS** 

The principal objectives of the Institute will continue to be to support, promote, facilitate and publish British research focused on Turkey and the Black Sea littoral in all academic disciplines within the arts, humanities and social sciences, and to maintain a centre of excellence in Ankara focused on archaeology, ancient and modern history, heritage management, social sciences and contemporary issues in public policy and political sciences of Turkey. 

## **PUBLIC BENEFIT** 

Council has complied with the duty in s17 of the Charities Act 2011 to have due regard to the public benefit guidance issued by the Charity Commission. 

Details of activities undertaken to fulfil the public benefit requirement are noted throughout this report. 

## **FUNDRAISING** 

All fundraising activity for BIAA is undertaken by our staff with no professional fundraisers acting on our behalf. We have received no complaints relating to fundraising in the period. 

## **STATEMENT OF COUNCIL OF MANAGEMENT RESPONSIBILITIES** 

The Council of Management (who are also directors for the purposes of company law) are responsible for preparing the Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the Council of Management to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Council of Management are required to: 

- a) select suitable accounting policies and apply them consistently; 

- b) observe the methods and principles in the Charities SORP; 

- c) make judgments and accounting estimates that are reasonable and prudent; 

- d) state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

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The Council of Management are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements, comply with the governing document, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. 

The trustees confirm that so far as they are aware, there is no relevant audit information (as defined by section 418(3) of the Companies Act 2006) of which the charitable company’s auditors are unaware. They have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit information and to establish that the charitable company's auditors are aware of that information. 

## **AUDITOR** 

A resolution will be submitted at the forthcoming Annual General Meeting that Elizabeth Wicks, WMT - Chartered Accountants be re-appointed as the Auditor (or Independent Examiner as appropriate). 

## **SMALL COMPANY EXEMPTION** 

Advantage has been taken of the exemptions available to small companies under the Companies Act 2006 in the preparation of this report. 

## **BY ORDER OF THE COUNCIL OF MANAGEMENT** 


## **Professor Jim Crow Chair** 

Date:  23/11/2023 

12 



**INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA YEAR ENDED 31 MARCH 2023** 

I report to the trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of The British Institute of Archaeology at Ankara (‘the charitable company’) for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet the Statement of Cash Flows and related notes. 

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011.  My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose.  To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed. 

## **Responsibilities and basis of report** 

As the trustees of charitable company, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). 

Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’) and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement. 

## **Independent examiner’s statement** 

Since the charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies. 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

-  accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or 

-  the financial statements do not accord with those records; or 

-  the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a ‘true and fair view which is not a matter considered as part of an independent examination; or 

-  the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

13 



## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA YEAR ENDED 31 MARCH 2023 (continued)** 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. 


Elizabeth Wicks ACA 

For and on behalf of WMT 

Chartered Accountants 

4 Beaconsfield Road St Albans AL1 3RD 

Date: 28 November 2023 

14 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023** 

||**Unrestricted**<br>**Funds**<br>**£**<br>**Restricted**<br>**Funds**<br>**£**<br>**Total**<br>**Funds**<br>**2023**<br>**£**<br>**Total**<br>**Funds**<br>**2022**<br>**£**|
|---|---|
|**Income and endowments from:**<br>Donations and legacies:||
|Donations and<br>appeals|7,575<br>7,920<br>15,495<br>40,713<br>17,199<br>863,598<br>880,797<br>986,264<br>8,978<br>-<br>8,978<br>13,894<br>15,341<br>-<br>15,341<br>4,785<br>11,182<br>-<br>11,182<br>2,415<br>6,457<br>3,199<br>9,656<br>8,815|
|Grants<br>3(a)||
|Subscriptions||
|Charitable activities:||
|Publications||
|Rent||
|Investments<br>3(b)||
|||
|**Total**|66,732<br>874,717<br>941,449<br>1,056,886|
|||
|**Expenditure on:**||
|Raising funds<br>4(b)|5,687<br>14,146<br>19,833<br>39,526|
|<br><br>Charitable activities||
|Grants<br>4(a)|-<br>136,783<br>136,783<br>122,974<br>7,989<br>869,479<br>877,468<br>898,852|
|Other charitable<br>activities<br>4(b)||
|**Total**|13,676<br>1,020,408<br>1,034,084<br>1,061,352|
|||
|**Gains and losses on revaluations and**<br>**disposals of investment assets:**||
|Unrealised<br>8|(8.988)<br>(6,109)<br>(15,097)<br>7,249<br>(2,679)<br>(3,382)<br>(6,061)<br>7,047|
|Realised<br>8||
|**Net gains/ (losses) on**<br>**investments**|(11,667)<br>(9,491)<br>(21,158)<br>14,296|
|**Net income /(expenditure)**|41,389<br>(155,182)<br>(113,793)<br>9,830|
|**Transfers**|(15,629)<br>15,629<br>-<br>-|
|||
|**Net movement in funds**|25,760<br>(139,553)<br>(113,793)<br>9,830|
|**Reconciliation of funds**<br>**Total funds brought forward**|199,211<br>387,109<br>586,320<br>576,490|
|**Total funds carried forward**|224,971<br>247,556<br>472,527<br>586,320|



15 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **BALANCE SHEET AS AT 31 MARCH 2023** 

|**BALANCE SHEET**<br>**AS AT 31 MARCH 2023**||||
|---|---|---|---|
|**Notes**|**2023**<br>**£**||**2022**<br>**£**|
|**FIXED ASSETS**||||
|Tangible assets<br>7|49,748||63,140|
|Investments<br>8|361,294||380,761|
||411,042||443,901|
|**CURRENT ASSETS**||||
|Stock of publications<br>5,645||5,645||
|Debtors<br>9<br>45,286||109,072||
|Cash at bank and in hand<br>10<br>313,082||337,704||
|||||
|364,013||452,421||
|**CREDITORS:**amounts falling due within<br>one year<br>11<br>(50,414)||(58,701)||
|||||
|**Net current assets**|313,599||393,720|
|**Total assets less current liabilities**|724,641||837,621|
|Provision for post-employment benefits<br>12|(252,114)||(251,301)|
|||||
|**NET ASSETS**|472,527||586,320|
|**REPRESENTED BY:**||||
|Unrestricted funds<br>13|224,971||199,211|
|Restricted funds<br>14|247,556||387,109|
||472,527||586,320|



For the financial year in question, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of the accounts. 


……………………………………………………… **Kamran Hashemi (Hon Treasurer)** 

Approved by the Members of the Council 

**Company registration no. 00477436** 

Date: 23/11/2023 

16 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023** 

## **Charity registration no. 313940** 

|**Cash flows from operating activities**<br>Net income / (expenditure) for the year<br>Adjustments for:<br>Depreciation on equipment<br>Investment income<br>Losses / (gains) on investments<br>(Increase) / reduction in stock<br>(Increase) / reduction in debtors<br>Increase / (reduction) in creditors<br>Increase / (reduction) in provisions<br>**Net cash provided / (used) in operating activities**<br>**Cash flows from investing activities**<br>Purchase of investments<br>Proceeds from sale of investments<br>Purchase of tangible fixed assets<br>Investment income<br>**Net cash generated by / (used in) investing activities**<br>Cash and cash equivalents at the beginning of the year<br>Cash and cash equivalents at the end of the year<br>Cash and cash equivalents is made up of the following:<br>Cash at bank and in hand<br>Cash held as part of investments (note 8)<br>**Total**<br>**Changes in net debt**<br>Cash at bank and in hand<br>Cash held as part of investments|**2023**<br>**£**<br>(113,793)<br>13,676<br>(9,656)<br>21,158<br>-<br>63,786<br>(8,287)<br>813<br>(32,303)<br>(65,404)<br>60,037<br>(284)<br>9,656<br>4,005<br>352,524<br>324,226<br>313,082<br>11,144<br>324,226<br>**At 30.3.22**<br>**£**<br>**Cash**<br>**flows**<br>**£**<br>337,704<br>(24,622)<br>14,820<br>(3,676)|**2022**<br>**£**<br>9,830<br>12,786<br>(8,815)<br>(14,296)<br>9,074<br>(89,773)<br>(55,819)<br>148,808|
|---|---|---|
|||11,795|
|||(72,014)<br>73,718<br>(2,421)<br>8,815|
|||8,098|
|||332,631|
|||352,524|
|||337,704<br>14,820|
|||352,524|
|||**At 31.3.23**<br>**£**<br>313,082<br>11,144<br>324,226|
||352,524<br>(28,298)||



17 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **1. ACCOUNTING POLICIES** 

## a) **Basis of preparation** 

The Institute meets the definition of a public benefit entity under FRS 102. The financial statements have been prepared under the historical cost convention as modified by certain fixed assets being held at fair value, in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) (Second Edition) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015. 

The preparation of financial statements in compliance with SORP 2015 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the accounting policies (see note 2). 

The following principal accounting policies have been applied: 

b) **Stock** Stock of publications has been included at the lower of cost or net realisable value.  The cost of monographs includes the cost of printing.  The cost of the journal includes the cost of printing and the estimated cost of typesetting based on the amount of time involved in typesetting. 

- c) **Tangible fixed assets, including heritage assets** Tangible fixed assets acquired after 31 March 1995, (other than heritage assets), are capitalised in the accounts and stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: - 

Motor Vehicles - 25% reducing balance Computer and survey equipment - 33 1/3 % straight line Library refurbishment - 10% straight line Security equipment - 33 1/3 % straight line Head office refurbishment - over the lease term 

The library is considered to be a heritage asset; held and maintained principally for its contribution to knowledge and culture. It is not valued in the balance sheet as there is not reliable historical information on its cost and a conventional valuation would be overly onerous to conduct and given the nature and uniqueness of some of the items held might well prove to be arbitrary. In accordance with the requirements of the SORP books purchased during the year are capitalised if their individual cost is above the capitalisation limit. All other book purchases are charged to the income statement. 

18 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## d) **Valuation of Investments** 

Investments are carried at market value with any unrealised gains and losses being included in the Statement of Financial Activities and allocated between restricted and unrestricted funds. 

The proportion of investment income relating to restricted funds is retained for use within restricted funds. 

## e) **Debtors** 

Short term debtors are measured at transaction price, less any impairment losses. 

## f) **Cash and Cash equivalents** 

Cash and cash equivalents comprise cash at bank and in hand and demand deposits with banks. 

## g) **Financial Instruments** 

The Charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as debtors and creditors. 

Financial instruments are initially measured at transaction value. They are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the SoFA. 

## h) **Short term creditors** 

Short term creditors are measured at the transaction price. 

## i) **Foreign currency translation** 

The financial statements are presented in Sterling, which is also the functional currency of the Institute. 

Direct currency conversions are translated into the functional currency using the exchange rate at the date of the transaction. At each period end foreign currency monetary items are translated using the closing rate. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the SoFA. 

## j) **Incoming resources** 

All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income, it is probable that it will be received and the amount can be quantified with reasonable accuracy.  All income is gross without deduction for related expenditure. The following specific policies are applied to particular categories of income: 

- Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable.  Grants, where entitlement is not conditional on the delivery of specific performance by the charity, are recognized when the charity becomes unconditionally entitled to the grant. 

19 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

- Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by the volunteers has not been included in these accounts. 

- Investment income is included when receivable. 

- Incoming resources from charitable trading activities are accounted for when earned. 

- Incoming resources from grants where related to performance and specific deliveries, are accounted for as the charity earns the right to consideration by its performance. 

Restricted income is recorded in the SoFA when receivable. 

k) **Resources expended** Expenditure is recognised on an accruals basis as liabilities are incurred.  Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it related: 

- Cost of raising funds consists of the costs associated with attracting voluntary income and the costs of fundraising activities. 

- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.  It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

- Grants payable for research and scholarship fall due only when such research is undertaken or upon attendance at the Institute and accordingly are accounted for over the period of research or attendance.  Grants are determined by the relevant committees in line with the grant making policy of the Institute. 

- Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit/ independent examination fees and costs linked to the strategic management of the charity. 

- All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource.  Costs relating to a particular activity are allocated directly; others are apportioned on an appropriated basis. 

## l) **Funds** 

Unrestricted funds are funds which the trustees are free to use for any purpose in furtherance of the charities objectives. Unrestricted funds include gains and losses from the restatement of investment assets at market values. 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or through the terms of an appeal. 

- m) **Going concern** 

The trustees are not aware of material uncertainties regarding going concern. 

The net deficit in the year can be explained by the Knowledge Frontiers grant in which £122,566 was carried forward on the fund. Given this was the final instalment of the grant the expenditure to draw 

20 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

down on this surplus of £115k is the primary reason for the overall deficit and the trustee’s do not believe this to be an issue regarding Going concern. 

- n) **Pension contributions** 

The institution participates in Universities Superannuation Scheme. The assets of the scheme are held in a separate trustee-administered fund. Because of the mutual nature of the scheme, the assets are not attributed to individual institutions and a scheme-wide contribution rate is set. The institution is therefore exposed to actuarial risks associated with other institutions’ employees and is unable to identify its share of the underlying assets and liabilities of the scheme on a consistent and reasonable basis. As required by Section 28 of FRS 102 “Employee benefits”, the institution therefore accounts for the scheme as if it were a defined contribution scheme. As a result, the amount charged to the profit and loss account represents the contributions payable to the scheme. Since the institution has entered into an agreement (the Recovery Plan) that determines how each employer within the scheme will fund the overall deficit, the institution recognises a liability for the contributions payable that arise from the agreement (to the extent that they relate to the deficit) with related expenses being recognised through the profit and loss account. 

## **2. JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY** 

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates. 

The key source of estimation uncertainty that could have an impact on the financial statements relates to the decision to not capitalise the heritage asset.  Note 1c) above gives the explanation for this while note 7 provides more information about the asset itself. 

FRS 102 makes the distinction between a group plan and a multi-employer scheme. A group plan consists of a collection of entities under common control typically with a sponsoring employer. A multi-employer scheme is a scheme for entities not under common control and represents (typically) an industry-wide scheme such as Universities Superannuation Scheme. The accounting for a multiemployer scheme where the employer has entered into an agreement with the scheme that determines how the employer will fund a deficit result in the recognition of a liability for the contributions payable that arise from the agreement (to the extent that they relate to the deficit) and the resulting expense in profit or loss in accordance with section 28 of FRS 102. The trustees are satisfied that Universities Superannuation Scheme meets the definition of a multi-employer scheme and has therefore recognised the discounted fair value of the contractual contributions under the recovery plan in existence at the date of approving the financial statements. 

21 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|**3.**<br>**INCOMING RESOURCES**<br>a)  Grants from government and other bodies<br>BIRI Research Grant<br>BIRI Library Grant<br>BIRI Communications Grant<br>BIRI Core Grant<br>BIRI Contingency Grant<br>BIRI Top Slice Grant<br>BIRI Collective Grant<br>BA Additional Grant<br>BA Mid-Career Fellowship<br>BA Business Development Fund<br>Returned Grants<br>Boncuklu Fund<br>Knowledge Frontiers Fund<br>Archives Portal Europe<br>Cultural Heritage Management Project<br>Doughty Wylie Scholarship Grant<br>Ferikoy Grant<br>Imagining Futures<br>SARAA Fund<br>Other Grants<br>b)  Investment Income<br>Bank interest<br>Income from investments<br>4.<br>**RESOURCES EXPENDED**<br>**2023**<br>**Unrestricted**<br>**£**<br>a)<br>Cost of charitable<br>activity – grants payable<br>To individuals<br>-<br>To institutions<br>-<br>-||**2023**<br>**Unrestricted**<br>**2023**<br>**Restricted**<br>**2023**<br>**Total**<br>**2022**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>303,378<br>303,378<br>321,616<br>-<br>37,165<br>37,165<br>36,300<br>-<br>19,712<br>19,712<br>11,931<br>-<br>157,507<br>157,507<br>152,632<br>-<br>54,053<br>54,053<br>55,256<br>14,719<br>-<br>14,719<br>-<br>58,000<br>58,000<br>-<br>-<br>53,309<br>53,309<br>-<br>-<br>50,145<br>50,145<br>-<br>-<br>84,084<br>84,084<br>84,084<br>-<br>1,290<br>1,290<br>-<br>-<br>21,902<br>21,902<br>6,234<br>-<br>2,700<br>2,700<br>200,000<br>-<br>4,020<br>4,020<br>-<br>-<br>1,121<br>1,121<br>-<br>-<br>985<br>985<br>-<br>-<br>4,327<br>4,327<br>-<br>-<br>9,500<br>9,500<br>-<br>-<br>-<br>-<br>110,310<br>2,480<br>400<br>2,880<br>7,901|**2023**<br>**Unrestricted**<br>**2023**<br>**Restricted**<br>**2023**<br>**Total**<br>**2022**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>303,378<br>303,378<br>321,616<br>-<br>37,165<br>37,165<br>36,300<br>-<br>19,712<br>19,712<br>11,931<br>-<br>157,507<br>157,507<br>152,632<br>-<br>54,053<br>54,053<br>55,256<br>14,719<br>-<br>14,719<br>-<br>58,000<br>58,000<br>-<br>-<br>53,309<br>53,309<br>-<br>-<br>50,145<br>50,145<br>-<br>-<br>84,084<br>84,084<br>84,084<br>-<br>1,290<br>1,290<br>-<br>-<br>21,902<br>21,902<br>6,234<br>-<br>2,700<br>2,700<br>200,000<br>-<br>4,020<br>4,020<br>-<br>-<br>1,121<br>1,121<br>-<br>-<br>985<br>985<br>-<br>-<br>4,327<br>4,327<br>-<br>-<br>9,500<br>9,500<br>-<br>-<br>-<br>-<br>110,310<br>2,480<br>400<br>2,880<br>7,901|**2023**<br>**Unrestricted**<br>**2023**<br>**Restricted**<br>**2023**<br>**Total**<br>**2022**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>303,378<br>303,378<br>321,616<br>-<br>37,165<br>37,165<br>36,300<br>-<br>19,712<br>19,712<br>11,931<br>-<br>157,507<br>157,507<br>152,632<br>-<br>54,053<br>54,053<br>55,256<br>14,719<br>-<br>14,719<br>-<br>58,000<br>58,000<br>-<br>-<br>53,309<br>53,309<br>-<br>-<br>50,145<br>50,145<br>-<br>-<br>84,084<br>84,084<br>84,084<br>-<br>1,290<br>1,290<br>-<br>-<br>21,902<br>21,902<br>6,234<br>-<br>2,700<br>2,700<br>200,000<br>-<br>4,020<br>4,020<br>-<br>-<br>1,121<br>1,121<br>-<br>-<br>985<br>985<br>-<br>-<br>4,327<br>4,327<br>-<br>-<br>9,500<br>9,500<br>-<br>-<br>-<br>-<br>110,310<br>2,480<br>400<br>2,880<br>7,901|
|---|---|---|---|---|
|||17,199<br>863,598<br>880,797<br>986,264|||
|||1,544<br>68<br>4,913<br>3,131||1,612<br>30<br>8,044<br>8,785|
|||6,457|<br>3,199|9,656<br>8,815|
|||**2023**<br>**Restricted**<br>**£**<br>88,495<br>48,288<br>136,783|**2023**<br>**Total**<br>**£**<br>88,495<br>48,288<br>136,783|**2022**<br>**Total**<br>**£**<br>80,968<br>42,006<br>122,974|
||||||



22 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|Grants in excess of £2,000 were payable to the following<br>institutions:<br>University of Liverpool - Baird<br>University of Oxford - Bachhuber<br>University of Oxford - Smith<br>University of Liverpool - Greaves<br>University of Liverpool - Greaves<br>University of Cambridge - Guzel<br>Stanford - Hodder<br>University of Liverpool – Baird, Greaves<br>University of Edinburgh – Slawisch, Wilkinson<br>Grants to institutions under £2,000<br>Grants to individuals:<br>Research Fellows, Research Scholars and Research<br>Assistants<br>Total grants paid|**2023**<br>**Grants**<br>**Paid**<br>**£**<br>10,300<br>4,300<br>10,300<br>3,800<br>3,800<br>3,300<br>5,500<br>-<br>-<br>6,988<br>48,288<br>88,495<br>136,783|**2022**<br>**Grants**<br>**Paid**<br>**£**<br>-<br>-<br>15,000<br>-<br>-<br>-<br>-<br>20,000<br>5,000<br>2,006|
|---|---|---|
|||42,006|
|||80,968|
|||122,974|



A full analysis of grants is provided in the annual report. 

23 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

||||**Direct**||||
|---|---|---|---|---|---|---|
|||**Direct Activity**|**Activity**||||
|||**Costs**|**Costs**|**Raising**|**2023**|**2022**|
|||**(Unrestricted)**|**(Restricted)**|**Funds**|**Total**|**Total**|
|||**£**|**£**|**£**|**£**|**£**|
|b)|Analysis of other||||||
||Charitable Activity costs:||||||
||**Directly allocated costs:**||||||
||**London**||||||
||Director’s salary pension and||||||
||allowances|-|83,882|4,415|88,297|93,968|
||Assistant Directors’ salary,||||||
||pension and allowances|-|87,583|9,731|97,314|40,392|
||London Manager’s salary||||||
||and pension|-|51,277|-|51,277|43,694|
||Publication Editor’s salary||||||
||and pension|-|13,817|-|13,817|16,537|
||Senior Development||||||
||Manager’s salary and|-|29,330|-|29,330|26,224|
||pension||||||
||Development and|-|9,609|-|9,609|7,893|
||Communications Assistant||||||
||salary||||||
||Consultants and part time||51,801||51,801|-|
||staff||||||
|||______|_______|______|______|______|
||**Total London Expenditure**|-|327,299|14,146|341,445|228,708|
|||______|_______|______|______|______|
||**Turkey**||||||
||Hostel expenses|3,898|-|-|3,898|10,650|
||Institute expenses|-|42,698|-|42,698|48,981|
||Salaries and wages|-|155,480|-|155,480|147,849|
||Office and library||||||
||expenses|-|71,398|-|71,398|25,706|
||Vehicle expenses|1,565|-|-|1,565|830|
||Publication costs|-|-|-|-|1,950|
|||______|______|______|______|______|
||**Total Turkey Expenditure**|5,463|269,576|-|275,039|235,966|
|||______|______|______|______|______|



24 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|||**Direct**||||
|---|---|---|---|---|---|
||**Direct Activity**|**Activity**||||
||**Costs**|**Costs**|**Raising**|**2023**|**2022**|
||**(Unrestricted)**|**(Restricted)**|**Funds**|**Total**|**Total**|
||**£**|**£**|**£**|**£**|**£**|
|**Other Direct costs**||||||
|Cultural Heritage||||||
|management project|-|5,251|-|5,251|766|
|Library acquisitions|-|17,462|-|17,462|10,389|
|Publication costs|-|11,383|-|11,383|28,425|
|Ankara Workshops|-|13,285|-|13,285|4,780|
|Journal & monograph|-|354|-|354|-|
|BDF projects|-|48,829|-|48,829|24,602|
|BIRI projects|-|15,976|-|15,976|-|
|SARAT project|-|-|-|-|-|
|Herbarium project|-|5,516|-|5,516|21,559|
|Nahrein project|-|4,020|-|4,020|1,200|
|SARAA project|-|-|-|-|108,164|
|Knowledge frontiers|-|115,121|-|115,121|78,434|
|Other projects|-|2,480|-|2,480|10,454|
|75thAnniversary Film|-|8,957|-|8,957|-|
||______|______|______|______|______|
|**Total Other Direct**||||||
|**Costs**|-|248,634|-|248,634|288,773|
||______|______|______|______|______|
|**Support costs**||||||
|**allocated to**||||||
|**activities:**||||||
|USS pension deficit||||||
|movement|(26,928)|-|-|(26,928)|139,013|
|London office|9,327|5,209|5,687|20,223|35,967|
|Bank charges|2,291|-|-|2,291|2,610|
|Audit – Ankara|-|1,633|-|1,633|2,278|
|Audit and accountancy fees||||||
|– London|-|14,579|-|14,579|13,250|
|Trustees’ expenses &|-|2,549|-|2,549|1,648|
|meeting costs||||||
|Foreign exchange|4,160|-|-|4,160|(22,622)|
|Depreciation|13,676|-|-|13,676|12,786|
||________|________|________|________|________|
|**Total Support Costs**|2,526|23,970|5,687|32,183|184,930|
||________|________|________|________|________|
||________|________|________|________|________|
|**Total Expended**|7,989|869,479|19,833|897,301|938,378|
||________|________|________|________|________|



25 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|c)<br>**Analysis of Governance costs:**<br>Director’s salary, pension and allowances<br>Assistant Director’s salary, pension and<br>allowances<br>London Manager’s salary and pension<br>Audit and accountancy - London<br>Audit - Ankara<br>Trustee expenses & meeting costs<br>Legal and professional fees|**2023**<br>**Total**<br>**£**<br>**2022**<br>**Total**<br>**£**<br>13,245<br>14,374<br>4,866<br>2,020<br>10,255<br>8,739<br>14,579<br>13,250<br>1,633<br>2,278<br>2,549<br>1,648<br>2,422<br>2,829|
|---|---|
||49,549<br>45,138|



## **5. EMPLOYEES** 

The average monthly number of UK based employees during the year was 3 (2022: 2).  In addition, there were 7 employees based in Turkey (2022: 9) and the publications manager making a total of 11 employees (2022: 12) 

One employee’s salary and benefits fell into the range £80,000 to £90,000 (2022: one). 

Staff costs in Ankara totalled £155,480 (2022: £147,849) as disclosed in note 4. 

The costs of employing UK remunerated staff were: 

||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Salaries and wages|227,892|180,841|
|National insurance costs|3,146|5,580|
|Pension costs|43,889|39,537|
|Pension costs – USS movement|(26,928)|139,013|
|Other benefits|15,345|9,776|
|School fees|2,079|7,000|
||______|______|
||265,423|381.747|
||______|______|



## **6. KEY MANAGEMENT PERSONNEL** 

The Institute’s key management personnel comprise the Director, the Assistant Director, the second assistant director and London Manager. Their total remuneration including all salaries, pension and other benefits was £227,581 (2022: £178,054). 

26 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **7. TANGIBLE ASSETS** 

||**Computer**|||||
|---|---|---|---|---|---|
||**and Survey**|**Ankara**|**Security**|**Motor**||
||**Equipment**|**Refurbishments**|**Equipment**|**Vehicles**|**Total**|
||**£**|**£**|**£**|**£**|**£**|
|**COST:**||||||
|Brought forward|106,590|96,673|20,553|16,157|239,973|
|Additions in the year|284|-|-|-|284|
||______|______|______|______|______|
|Carried forward|106,874|96,673|20,553|16,157|240,257|
||______|______|______|______|______|
|**DEPRECIATION:**||||||
|Brought forward|101,775|38,348|20,553|16,157|176,833|
|Charge in the year|3,956|9,720|-|-|13,676|
||______|______|______|______|______|
|Carried forward|105,731|48,068|20,553|16,157|190,509|
||______|______|______|______|______|
|**NET BOOK VALUE:**||||||
|At 31 March 2023|1,143|48,605|-|-|49,748|
||______|______|______|______|______|
|At 31 March 2022|4,815|58,325|-|-|63,140|
||______|______|______|______|______|



All assets are used in the direct charitable activities of the company. 

The Institute holds a library of books in Ankara which are considered to be a heritage asset.  No professional valuation for the library has been made and Council of Management considers it is not cost effective to obtain such a valuation.  As a result, no value for the library has been included in these accounts.  The costs borne by the Institute in forming the library of books in Ankara are written off annually as they arise unless individual purchases are above capitalization limits. (See details below). 

27 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **HERITAGE ASSETS COLLECTION** 

The library of the British Institute at Ankara is a key asset to the Institute’s reputation and as a Centre of Research Excellence for visiting scholars and students.  The library was established with the founding of the BIAA in 1948.  It is staffed by a full-time librarian and part-time librarian.  The centre houses a library of 27,352 books as well as 26,000 Journal volumes covering 1,242 Journal Titles (including Newsletters and Reports).  Furthermore, the library’s collections comprise 1,937 offprints, 95 theses and 455 items of audiovisual material (CD’s, DVD’s).  The book collection of the library includes 160 restricted books which are very rare and valuable.  Since spring 2010 all research collections have been available on-line.  The book and journal collections of the library are insured for £260,000. 

In 2021, the library started to use a new open-source integrated library system called KOHA, a software based on international MARC 21 standards. 

The library’s collections are broadly categorized into the following sections: 

## **Archaeological Collections** 

The Institute building houses the largest archaeological (and associated subjects) library in Ankara.  There are currently approximately 53,000 volumes consisting of a broad range of monographs and an exceptional collection of periodicals which cover all archaeological and historical periods.  The library also contains a large number of general history, art history, architecture and anthropological books. 

## **Ottoman and Islamic Collections** 

With a special grant from the British Academy in 2007, the BIAA now houses a specialist library and reading room for research into the Ottoman and Islamic worlds, including volumes in English, Turkish, and many other languages.  The texts include historical, architectural, political and archival texts pertaining to the Ottoman and Islamic worlds and their influence in Anatolia and beyond. 

## **Contemporary Turkey** 

The BIAA’s library also holds a small collection of books and journals on contemporary Turkey and its immediate environs.  This includes books in English, Turkish and other languages.  The texts cover the entire range of social science disciplines. 

In addition, there is a large section in the library of the Institute devoted to environmental studies.  This includes both reference books and atlases as well as reports, conference proceedings, Ph.D. theses and other publications covering work done in Turkey and a large part of the Middle East, the Black Sea and the Balkans. 

28 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **Other materials and collections of the BIAA’s library** 

The library collections also contain ca. 2,000 maps of different types; geographical, geological, administrative, historical and others.  The institute also now has licenses for the use of professional GIS computer applications.  Furthermore, the BIAA houses extensive and important collections of squeezes, pottery, bones and seeds and other materials. 

There are more than 5,000 paper squeezes of inscriptions (particularly milestones) in 3,198 envelopes from all over Turkey.  This collection was assembled largely by David French and the original stone inscriptions are mainly in Greek.  An electronic catalogue accompanies the squeezes.  The archives of the Institute also contain more than 40,000 pictures in various formats (slides, negative films, prints) that depict archaeological monuments, sites, archaeological artefacts, landscapes and people in the region that is today modern Turkey.  The oldest part of this collection goes back to the beginnings of the 20[th] century with the photographs of John Garstang’s surveys of Hittite and Classical Anatolia, while the bulk of the pictures have been taken from the ‘50s to the early ‘90s mainly under the projects sponsored by the BIAA. 

The pottery collection was assembled between the 1940s and the 1970s.  The collection contains 4,360 bags containing pottery sherds. The majority is fragmentary pottery (and occasional stone items) from surface surveys, such as the Central Anatolian Survey, but there is also sample material from some important excavations carried out in Turkey under the auspices of the British Institute such as Mersin, Hacılar, Beycesultan and Çatalhöyük; and some obsidian from Asıklı Höyük.  There are over 1000 boxes of material organized in 3 broad categories; survey, excavation and published material; as well as a ‘study’ and ‘slide’ collection.  All periods are represented, from the Neolithic to the Ottoman and although not all types of pottery from Anatolia may be represented, examples of the vast majority of types can be found. 

As well as pottery, a limited range of other archaeological material is available.  This includes coin impressions and casts, plaster samples, cylinder seal impressions, stamp casts, glass, mortar samples and rock samples.  The collection also includes items from Iraq, Greece, Russia, Iran and the Balkan region.  In particular this includes obsidian from Asıklı Höyük, and a few scattered stone tools at a range of survey sites of the 1960s and 70s.  This is complemented by a small geological collection including obsidian nodules from Ian Todd’s pioneering exploration of obsidian sources in Anatolia. 

The BIAA laboratory contains extensive reference collections and has suitable equipment to support a wide range of environmental research.  Three rooms are reserved for archaeozoology, for palaeoanthropology and for archaeobotany.  There are 3 major collections in the laboratory:  the herbarium collection with ca. 4,500 specimens; the wood collection which has 80 specimens of modern Turkish trees and shrubs; and the bone collection contains 220 samples (complete and partial) of mammals and birds.  Microscopes, measuring devices, scales, geological sieves, a riffle box and computers are available. 

The Digital Repository aims to store, manage and preserve digital archaeological records of Turkey and the Black Sea region.  The Digital Repository continues to grow and physical archives continue to be prepared for digitisation through new digitisation and research projects. The Digital Repository catalogue website is currently under development and will be available soon. To date, the institute has digitised its squeeze collection, pottery collection, numerous drawings and more than 15,000 photographs. 

29 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **8. INVESTMENTS** 

|**. INVESTMENTS**||||
|---|---|---|---|
|**Fund**<br>Unrestricted<br>Phoenix Fund bond<br>GAM Star Fund<br>CF Miton UK Multi Cap<br>Troy Income & Growth<br>Fundsmith LLP<br>CCLA Investment COIF<br>Royal London Ethical<br>Other Investments<br>Restricted<br>M&G Charifund<br>BNY Mellon Asia Pacific<br>Maitland Select<br>T Bailey Fund<br>Comgest Growth<br>Princess Private Equity<br>Octopus Renewables<br>BNY Mellon Global<br>Other Investments<br>Market value at beginning of year<br>Purchases<br>Disposal proceeds<br>Unrealised gain/(loss) in market value<br>Realised gain in market value<br>Investment cash<br>Market value at end of year|**2023**<br>**Cost**<br>**£**<br>10,024<br>13,391<br>6,753<br>10,365<br>3,050<br>18,068<br>-<br>143,984<br>19,320<br>10,754<br>-<br>11,163<br>6,184<br>-<br>11,520<br>9,778<br>24,248|**Market**<br>**2022**<br>**Value**<br>**£**<br>**Cost**<br>**£**<br>9,931<br>10,024<br>10,621<br>10,273<br>7,280<br>10,130<br>10,590<br>10,365<br>9,020<br>5,339<br>35,259<br>24,573<br>-<br>13,317<br>165,094<br>97,518<br>29,663<br>19,320<br>13,311<br>10,754<br>-<br>10,636<br>12,606<br>11,230<br>6,270<br>15,460<br>-<br>8,257<br>9,510<br>11,520<br>9,841<br>-<br>21,154<br>14,260|**Market**<br>**Value**<br>**£**<br>10,046<br>12,618<br>12,732<br>11,550<br>15,491<br>51,174<br>12,276<br>125,825<br>31,594<br>14,185<br>10,398<br>12,137<br>11,127<br>10,183<br>11,200<br>-<br>13,405|
||298,602|350,150<br>282,976|365,941|
|||365,941<br>65,404<br>(60,037)<br>(15,097)<br>(6,061)<br>350,150<br>11,144<br>361,294|353,349<br>72,014<br>(73,718)<br>7,249<br>7,047|
||||365,941<br>14,820<br>380,761|



30 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|**9. DEBTORS**<br>Trade debtors<br>Prepayments and accrued income<br>Debtors are all unrestricted.<br>**10. CASH AT BANK AND IN HAND**<br>London<br>Ankara<br>Restricted - specific<br>**11. CREDITORS**<br>**Amounts falling due within one year:**<br>Trade creditors<br>Accruals and other creditors||**2023**<br>**Total**<br>**£**<br>13,667<br>31,619<br>45,286<br>**2023**<br>**£**<br>269,348<br>8,141<br>35,593<br>313,082<br>**2023**<br>**Total**<br>**£**<br>15,134<br>35,280<br>______<br>50,414<br>______||**2022**<br>**Total**<br>**£**<br>27,028<br>82,044|
|---|---|---|---|---|
|||||109,072|
|||||**2022**<br>**£**|
|||||297,429<br>3,642<br>36,633|
|||||337,704|
|||||**2022**<br>**Total**<br>**£**<br>5,466<br>53,235<br>______<br>58,701<br>______|



Creditors are all unrestricted. 

31 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|**12.  PROVISIONS FOR POST EMPLOYMENT BENEFITS**|||
|---|---|---|
||**2023**|**2022**|
||**Total**|**Total**|
||**£**|**£**|
|USS deficit fund|189,634|210,709|
|Ankara staff severance fund|62,480|40,592|
||______|______|
|**Balance carried forward**|252,114|251,301|
||______|______|
|**Provision for Ankara staff severance**|||
|Balance brought forward|40,592|30,797|
|Increase / (decrease) in provision for the year|21,888|9,795|
||______|______|
|**Balance carried forward**|62,480|40,592|
||______|______|
|**Provision for USS deficit**|||
|Balance brought forward|210,709|71,696|
|(Decrease) / increase in provision for the year|(21,075)|139,013|
||______|______|
|**Balance carried forward**|189,634|210,709|
||______|______|



## **USS Provision** 

The institution participates in the Universities Superannuation Scheme (USS), a multi-employer hybrid pension scheme including both defined benefit (the Retirement Income Builder) and defined contribution elements. The total cost charged to the profit and loss account, excluding the decrease in the provision is £43,889 (2022 increase: £39,537). 

Deficit recovery contributions due within one year for the institution are £13,549 (2022: £12,919). 

The latest available complete actuarial valuation of the Retirement Income Builder is at 31 March 2020 (the valuation date), which was carried out using the projected unit method. 

Since the institution cannot identify its share of USS Retirement Income Builder (defined benefits) assets and liabilities, the following disclosures reflect those relevant for those assets and liabilities as a whole. 

The 2020 valuation was the sixth valuation for the scheme under the scheme-specific funding regime introduced by the Pensions Act 2004, which requires schemes to have sufficient and appropriate assets their technical provisions. At the valuation date, the value of the assets of the scheme was £66.5 billion and the value of the scheme’s technical provisions was £80.6 billion indicating a shortfall of £14.1 billion and a funding ratio of 83%. 

32 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

The key financial assumptions used in the 2020 valuation are described below. More detail is set out in the Statement of Funding Principles (uss.co.uk/about-us/valuation-and-funding/statement-of-fundingprinciples). 

CPI assumption 

Term dependent rates in line with the difference between the Fixed Interest and Index Linked yield curves, less 1.1% p.a to 2030, reducing linearly by 0.1% p.a. to a long-term difference of 0.1% p.a from 2040 

Pension increases (subject to a floor of 0%) - CPI assumption plus 0.05% 

Discount rate (forward rates)     Fixed interest gilt yield curve plus: Pre-retirement: 2.75% p.a Post-retirement: 1.00% p.a 

The main demographic assumption used relates to the mortality assumptions. These assumptions are based on analysis of the scheme’s experience carried out as part of the 2020 actuarial valuation.  The mortality assumptions used in these figures are as follows: 

## **2020 valuation** 

Mortality base table 101% of S2PMA “light” for males and 95% of S3PFA for females 

Future improvements to mortality CMI_2019 with a smoothing parameter of 7.5, an initial addition of 0.5% p.a. and a long-term improvement rate of 1.8% pa for males and 1.6% pa for females 

The current life expectancies on retirement at age 65 are: 

||**2023**|**2022**|
|---|---|---|
|Males currently aged 65 (years)|23.6|23.9|
|Females currently aged 65 (years)|25.5|25.5|
|Males currently aged 45 (years)|25.3|25.9|
|Females currently aged 45 (years)|27.1|27.3|



A new deficit recovery plan was put in place as part of the 2020 valuation, which requires payment of 6.2% of salaries over the period 1 April 2022 until 31 March 2024, at which point the rate will increase to 6.3%. The 2023 deficit recovery liability reflects this plan. The liability figures have been produced using the following assumptions: 

||**2023**|**2022**|
|---|---|---|
|Discount rate|3.78%|3%|
|Pensionable salary growth|3%|3%|



33 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

The SoFA reflects the decrease of £21,075 in the BIAA provision for its share of the Universities Superannuation Scheme (USS) pension deficit, based on the 2020 triennial pension valuation.  The deficit provision relates to contributions due from 2023 to 2038 with an annual cost of approximately £13,000. 

The trustees understand that the latest interim valuation reflects a more favourable financial position based on both a change to the USS members’ benefits and an improvement in financial markets and expect these to result in a significant reduction of the pension liability in future years, when the next full USS pension valuation is available. 

## **Ankara Staff Severance** 

The institution employs staff in Ankara and as such is subject to Turkish payroll laws. As part of these regulations a staff severance fund is accruing relating to past employment costs and is payable when certain conditions are met by the employee including leaving the BIAA. 

## **13. UNRESTRICTED FUNDS** 

||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Balance brought forward|199,211|328,564|
|Investment gains and losses|(11,667)|11,563|
|Net incoming/(outgoing) resources|53,056|(140,916)|
|Transfers|(15,629)|-|
||_______|_______|
|**Balance carried forward**|224,971|199,211|
||_______|_______|



Included within Unrestricted Funds is an amount of £8,988 (2022: £67,101 unrealised gains) relating to unrealised losses on investment assets. This represents the accumulated difference between original cost of the unrestricted investments and their market value at the year end. 

34 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **14. RESTRICTED FUNDS** 

|**RESTRICTED FUNDS**|||||||
|---|---|---|---|---|---|---|
|||||**Gains and**|||
|||||**Losses on**|||
||**Funds B/F**|**Income**|**Expenses**|**Investments**|**Transfers**|**Funds C/F**|
|BIRI Core Grant|-|157,507|(165,568)|-|8,061|-|
|BIRI Research Grant|-|303,378|(303,378)|-|-|-|
|BIRI Library Grant|-|37,165|(37,165)|-|-|-|
|BIRI Communications Grant|-|19,712|(19,712)|-|-|-|
|BIRI Contingency Grant|55,256|54,053|(97,760)|-|-|11,549|
|BA Business Development Grant|-|84,084|(87,768)|-|3,684|-|
|BIRI Collective Grant|-|58,000|(58,000)|-|-|-|
|BA Additional Grant|-|53,309|(55,886)|-|2,577|-|
|BA Mid-Career Fellowship|-|50,145|(9,777)|-|-|40,368|
|Archives Portal Europe|-|4,019|(4,038)|-|19|-|
|Turkish Scholars|73,075|1,524|(2,000)|(4,498)|-|68,101|
|Returned Grant||1,290|-||(1,290)|-|
|Prof Gurney Memorial Fund|54,984|1,146|-|(3,385)|-|52,745|
|Catalhoyuk Publications|6,370|7,920|(9,402)|-|-|4,888|
|Jameson Scholarships|26,127|531|-|(1,608)|-|25,050|
|Cultural Heritage Project|3,811|1,121|(5,632)|-|700|-|
|Boncuklu|13,217|21,902|(14,738)|-|-|20,381|
|David French|21,100|-|(3,000)|-|-|18,100|
|Nahrein|2,042|-|(2,042)|-|-|-|
|SARAA|2,086|-|(1,036)|-|(1,050)|-|
|Knowledge Frontiers|122,566|2,700|(127,966)|-|2,700|-|
|Master’s Dissertation|4,475|-|(500)|-|-|3,975|
|Imagining Futures|-|9,500|(9,500)|-|-|-|
|Feriköy Grant|-|4,327|(4,555)|-|228|-|
|Other|2,000|1,384|(985)|-|-|2,399|
|**Total Restricted Funds**|**387,109**|**874,717**|**(1,020,408)**|**(9,491)**|**15,629**|**247,556**|



35 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|**Represented By**|**Investments**|**Bank & cash**|**Total**|
|---|---|---|---|
|BIRI Contingency Grant|-|11,549|11,549|
|BA Mid-Career fellowship|-|40,368|40,368|
|Turkish Scholars|47,777|20,324|68,101|
|Prof Gurney Memorial Fund|37,004|15,741|52,745|
|Catalhoyuk Publications|-|4,888|4,888|
|Jameson Scholarships|17,574|7,475|25,049|
|Boncuklu|-|20,381|20,381|
|David French|-|18,100|18,100|
|Master’s Dissertation|-|3,975|3,975|
|Other|-|2,400|2,400|
|**Total Restricted Funds**|**102,355**|**145,201**|**247,556**|



## **Fund Details** 

- The BIRI monies represent elements of a grant received from the British Academy and is split over several key activities. 

- The BA Business Development Fund represents a grant received from the British Academy for the Institute to fundraise, seek further sources of research funding, maximise commercial aspects of the Institute’s operation and identify cost savings and efficiencies. 

- The BIRI Collective grant monies is a grant received from the British Academy restricted to collective BIRI initiatives. 

- The BA Additional Grant funded a second Assistant Directorship and a second Postdoctoral Fellowship. 

- The BA Mid-Career Fellowship monies represent an award made to Assistant Director, Dr Isilay Gursu, to promote public engagement and understanding of the humanities and social sciences. The grant covers 80% of the FEC. 

- The Prof O R Gurney Memorial Fund is used to fund lecture series. 

- The Turkish Scholars Fund is used to assist scholars of countries bordering the Black Sea to travel to the United Kingdom, to the BIAA research centre in Ankara and any BIAA sponsored event in Turkey. 

- The Professor Gurney Memorial Fund covers the costs of a bi-annual UK-based lecture. 

- Çatalhöyük publications are monies for the publication of the Catalhoyuk excavations. 

- The Jameson Scholarship fund covers travel scholarships for graduate students. 

- Earmarked funds were brought forward for the Cultural Heritage Management Fellowship. 

36 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

- The Boncuklu fund relates to monies donated for the presentation and outreach of the project at Boncuklu. 

- David French monies relate to amounts received from the estate of the late David French for the provision of post graduate scholarships. 

- The Nahrein Network (New Ancient History Research for Education in Iraq and its Neighbours) based in UCL runs a visiting scholarship scheme in partnership with the BIAA enabling academics, cultural heritage professionals, and NGO workers to visit the UK for 1-2 months for training and research. 

- The Safeguarding and Rescuing Archaeological Assets (SARAA) fund is a project funded by the Cultural Protection Fund that facilitates international knowledge exchange between Turkish and Lebanese heritage professionals. 

- The Knowledge Frontiers fund is the monies awarded from the British Academy’s Knowledge Frontiers Scheme 2021: Interdisciplinary Research Programme (Funded by the UK’s Department for Business, Energy and Industrial Strategy) for a two-year sustainable water management project titled ‘Water in Istanbul: Rising to the challenge?’ 

- The Master’s Dissertation Prize Fund is to encourage scholarship relating to Turkey and the Black Sea region and support the next generation of scholars. The prize is for the best dissertation on a topic related to the research areas of the Institute. 

- The Imagining Futures monies represents a grant from the Imagining Futures Network, an AHRC / GCRF Network+ project funded by UKRI. 

- The Feriköy Grant represents a grant from the British Community Council Istanbul (BCCI), to carry out Structure from Motion Photogrammetry (SfM) on British tombs on Monument Row in the Feriköy Protestant Cemetery, Istanbul. 

37 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

**NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **15. SHARE CAPITAL** 

The Institute is a company limited by guarantee and has no share capital. 

## **16. RELATED PARTY TRANSACTIONS** 

No remuneration or other benefits have been paid or are payable to any charity, trustee or connected person in the year to 31 March 2023 (2022: nil), in respect of their responsibilities as Trustees. In the year, 6 (2022: 5) Trustees were reimbursed £2,358 in expenses (2022: £966) relating to travel and accommodation. 

In the year Trustees made donations to the charity amounting to £10 (2022: £5,199). In addition, trustees are members of the Institute and pay annual subscriptions. 

In the prior year a grant of £9,885 was awarded to the director for spend on the Knowledge Frontiers project. 

No other related party transactions have occurred in either the current or prior year. 

## **17. COMMITMENTS UNDER OPERATING LEASES** 

At 31st March 2023 the charity had the following commitments under non-cancellable operating leases: 

||**Land and buildings**||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|Less than one year|4,297|5,281|
|Between two and five years|16,472|21,122|
|Greater than five years|-|4,400|
||______|______|
||20,769|30,803|
||----------|----------|
|**18. FINANCIAL INSTRUMENTS**|||
||**2023**|**2022**|
||**£**|**£**|
|**Financial assets**|||
|Financial assets at fair value through profit or|350,155|365,941|
|loss – comprised of listed investments|||



38 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **20. COMPARATIVE SoFA - YEAR END 31 MARCH 2022** 

||**Unrestricted**<br>**Funds**<br>**£**<br>**Restricted**<br>**Funds**<br>**£**<br>**Total**<br>**Funds**<br>**2022**<br>**£**|
|---|---|
|**Income and endowments from:**<br>Donations and legacies:||
|<br>Donations and appeals|10,138<br>30,575<br>40,713|
|Grants|1,701<br>984,563<br>986,264|
|Subscriptions|13,894<br>-<br>13,894|
|||
|Charitable activities:||
|Publications|4,785<br>-<br>4,785|
|Rent|2,415<br>-<br>2,415|
|Investments|4,896<br>3,919<br>8,815|
|**Total**|37,829<br>1,019,057<br>1,056,886|
|||
|**Expenditure on:**||
|Raising funds|8,194<br>31,332<br>39,526|
|<br>Charitable activities||
|Grants|25,516<br>97,458<br>122,974|
|Other charitable activities|145,035<br>753,817<br>898,852|
|**Total**<br>21|178,745<br>882,607<br>1,061,352|
|||
|**Gains and losses on revaluations and disposals of**<br>**investment assets:**||
|Unrealised|5,340<br>1,909<br>7,249|
|Realised|6,223<br>824<br>7,047|
|**Net gains/ (losses) on investments**|11,563<br>2,733<br>14,296|
|**Net income /(expenditure)**|(129,353)<br>139,183<br>9,830|
|||
|**Net movement in funds**|(129,353)<br>139,183<br>9,830|
|**Reconciliation of funds**<br>**Total funds brought forward**|328,564<br>247,926<br>576,490|
|**Total funds carried forward**|199,211<br>387,109<br>586,320|



39 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **21. COMPARATIVE RESOURCES EXPENDED - YEAR ENDED 31 MARCH 2022** 

|a) Cost of charitable activity –<br>grants payable<br>To individuals<br>To institutions|**2022**<br>**Unrestricted**<br>**£**<br>25,516<br>-<br>25,516|**2022**<br>**Restricted**<br>**£**<br>55,452<br>42,006<br>97,458|**2022**<br>**Total**<br>**£**<br>80,968<br>42,006|
|---|---|---|---|
||||122,974|



|Grants in excess of £2,000 were payable to the following institutions:<br>University of Oxford - Smith, Bachhuber, Erb-Satullo<br>University of Liverpool – Baird, Greaves<br>University of Edinburgh - Slawisch and Wilkinson<br>Grants to institutions under £2,000<br>Grants to individuals:<br>Research Fellows, Research Scholars and Research Assistants<br>Total grants paid|**2022**<br>**Grants**<br>**Paid**<br>**£**<br>15,000<br>20,000<br>5,000<br>2,006|
|---|---|
||42,006|
||80,968|
||122,974|



40 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

||||**Direct**|||
|---|---|---|---|---|---|
||||**Activity**|||
|||**Direct Activity**|**Costs**|||
|||**Costs**|**(Restricted**|**Raising**|**2022**|
|||**(Unrestricted)**|**)**|**Funds**|**Total**|
|||**£**|**£**|**£**|**£**|
|b)|Analysis of other|||||
||Charitable Activity costs:|||||
||**Directly allocated costs:**|||||
||**London**|||||
||Director’s salary pension and|||||
||allowances|-|89,270|4,698|93,968|
||Assistant Directors’ salary,|||||
||pension and allowances|-|36,354|4,038|40,392|
||London Manager’s salary|||||
||and pension|-|43,694|-|43,694|
||Publication Editor’s salary|||||
||and pension|-|16,537|-|16,537|
||Senior Development|||||
||Manager’s salary and|-|5,244|20,979|26,224|
||pension|||||
||Development &|-|7,894|-|7,894|
||Communications Assistant|||||
||salary|||||
|||______|______|______|______|
||**Total London Expenditure**|-||29,715|228,708|
|||______|198,993|______|______|
||||_______|||



|**Turkey**|||||
|---|---|---|---|---|
|Hostel expenses|10,650|-|-|10,650|
|Institute expenses|-|48,981|-|48,981|
|Salaries and wages|-|147,849|-|147,849|
|Office and library|||||
|expenses|-|25,706|-|25,706|
|Vehicle expenses|648|182|-|830|
|Publication costs|1,950|-|-|1,950|
||______|______|______|______|
|**Total Turkey Expenditure**|13,248|222,718|-|235,966|
||______|______|______|______|



41 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|||**Direct**|||
|---|---|---|---|---|
||**Direct Activity**|**Activity**|||
||**Costs**|**Costs**|**Raising**|**2022**|
||**(Unrestricted)**|**(Restricted)**|**Funds**|**Total**|
||**£**|**£**|**£**|**£**|
|**Other Direct costs**|||||
|Cultural Heritage|||||
|management project|-|766|-|766|
|Library acquisitions|-|10,389|-|10,389|
|Publication costs|-|28,425|-|28,425|
|Ankara Workshops|-|4,780|-|4,780|
|BDF projects|-|24,602|-|24,602|
|Herbarium project|-|21,559|-|21,559|
|Nahrein project|-|1,200|-|1,200|
|SARAA project|-|108,164|-|108,164|
|Knowledge frontiers|-|78,434|-|78,434|
|Other projects|-|10,454|-|10,454|
||______|______|______|______|
|**Total Other Direct**|||||
|**Costs**|-|288,773|-|288,773|
||______|______|______|______|
|**Support costs**|||||
|**allocated to**|||||
|**activities:**|||||
|USS pension deficit|||||
|movement|139,013|-|-|139,013|
|London office|-|26,156|9,811|35,967|
|Bank charges|2,610|-|-|2,610|
|Audit – Ankara|-|2,278|-|2,278|
|Audit and accountancy fees|||||
|– London|-|13,250|-|13,250|
|Trustees’ expenses &|-|1,648|-|1,648|
|meeting costs|||||
|Foreign exchange|(22,622)|-|-|(22,622)|
|Depreciation|12,786|-|-|12,786|
||______|_________|______|________|
|**Total Support Costs**|131,787|43,332|9,811|184,930|
||______|_________|______|________|
||______|_________|________|________|
|**Total Expended**|145,035|753,817|39,526|938,378|
||______|_________|______|________|



42 



**BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|c)<br>**Analysis of Governance costs:**<br>Director’s salary, pension and allowances<br>Assistant Director’s salary, pension and<br>allowances<br>London Manager’s salary and pension<br>Audit and accountancy - London<br>Audit - Ankara<br>Trustee expenses & meeting costs<br>Legal and professional fees|**2022**<br>**Total**<br>**£**<br>14,374<br>2,020<br>8,739<br>13,250<br>2,278<br>1,648<br>2,829|
|---|---|
||45,138|



43 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **22. COMPARATIVE RESTRICTED FUNDS** 

||**BIRI**|**BIRI**|**BIRI Comm-**|**BIRI Core**|**BIRI**|**BA Business**||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||**Resear-**|**Library**|**unications**|**Grant**|**Contin-**|**Development**|||**Prof O.R.**|||
||**ch**|**Grant**|**Grant**||**gency**|**Grant**|**Alan Hall**|**Turkish**|**Gurney**|**Çatalhöyük**|**Jameson**|
||**Grant**||||**Grant**||**Memorial**|**Scholars**|**Memorial**|**Publications**|**Scholarships**|
|**Income**||||||||||||
|Grants|321,616|36,300|11,931|152,632|55,256|84,084|-|-|-|-|-|
|Donations|-|-|-|-|-|-|-|-|-|10,000|-|
|Investment Income|-|-|-|-|-|-|-|1,857|1,398|-|664|
||______|_____|_____|______|_____|_____|_____|_____|_____|_____|_____|
|Total Income|321,616|36,300|11,931|152,632|55,256|84,084|-|1,857|1,398|10,000|664|
||______|_____|_____|_______|______|<br>______|_____|______|_____|_____|_____|
|**Expenditure**||||||||||||
|Raising funds|8,738|-|-|-|-|22,594|-|-|-|-|-|
|Grants Payable|97,459|-|-|-|-|-|-|-|-|-|-|
|Other Charitable|215,419|36,300|11,931|152,632|49,601|61,490|4,747|-|-|6,846|-|
||______|_____|_____|______|_____|______|_____|_____|_____|_____|_____|
|Total Expenditure|321,616|36,300|11,931|152,632|49,601|84,084|4,747|-|-|6,846|-|
||______|_____|______|______|_____|______|_____|_____|_____|_____|_____|
|Net incoming/||||||||||||
|(outgoing)|-|-|-|-|5,655|-|(4,747)|1,857|1,398|3,154|664|
|Gains & losses on||||||||||||
|revaluation and<br>investment asset|-|-|-|-|-|-|-|1,295|975|-|463|
|disposals||||||||||||
|Fund B/fwd|-|-|-|-|49,601|-|4,747|69,923|52,611|3,216|25,000|
||_____|_____|_____|_____|_____|_____|_____|_____|_____|_____|_____|
|Fund C/fwd|-|-|-|-|55,256|-|-|73,075|54,984|6,370|26,127|
||______|_____|_____|______|_____|______|_____|_____|_____|_____|_____|



44 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

||**Cultural**||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Heritage**||||||||||||
||**Manag-**|**Public**|||||||||||
||**ement**|**Archaeology**||||**David**||||**Knowledge**|**Master’s**|**Total**|
||**Project**|**Workshop**|**Herbarium**|**SARAT**|**Boncuklu**|**French**|**Nahrein**|**Other**|**SARAA**|**Frontiers**|**Dissertation**||
|**Income**|||||||||||||
|Grants|-|-|5,000|-|6,234|**-**|1,200|-|110,310|200,000|-|984,563|
|Donations|-|-|1,100|-|14,000|-|-|-|-|1,000|4,475|30,575|
|Investment Income|-|-|-|-|-|-|-|-|-|-|-|3,919|
||_______|_______|______|_______|_______|______|_______|_______|______|_______|_______|______|
|Total Income|-|-|6,100|-|20,234|-|1,200|-|110,310|201,000|4,475|1,019,057|
||_______|_______|______|_______|_______|______|_______|_______|______|_______|_______|______|
|**Expenditure**|||||||||||||
|Raising funds|-|-|-|-|-|-|-|-|-|-|-|31,332|
|Grants Payable|-|-|-|-|-|-|-|-|-|-|-|97,459|
|Other Charitable|4,256|2,552|6,100|2,567|11,328|-|1,200|189|108,224|78,434|-|753,816|
||______|_______|______|_______|______|______|______|_______|______|_______|______|______|
|Total Expenditure|4,256|2,552|6,100|2,567|11,328|-|1,200|189|108,224|78,434|-|882,607|
||______|_______|______|_______|______|______|______|_______|______|_______|______|______|
|Net incoming/<br>(outgoing)|(4,256)|(2,552)|-|(2,567)|8,906|-|-|(189)|2,086|122,566|4,475|136,450|
|Gains & losses on|||||||||||||
|revaluation and|||||||||||||
|investment asset|-|-|-|-|-|-|-|-|-|-|-|2,733|
|disposals|||||||||||||
|Fund B/fwd|8,067|2,552|-|2,567|4,311|21,100|2,042|2,189|-|-|-|247,926|
||______|_______|______|_______|______|______|______|_______|______|_______|______|______|
|Fund C/fwd|3,811|-|-|-|13,217|21,100|2,042|2,000|2,086|122,566|4,475|387,109|
||______|_______|______|_______|______|______|______|_______|_______|_______|_______|________|



45 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

|**Represented**<br>**by:**<br>Investments<br>Bank & cash<br>accounts<br>**Total Funds**<br>**Represented**<br>**by:**<br>Investments<br>Bank & cash<br>accounts<br>**Total Funds**|**BIRI**<br>**Contingency**<br>**Grant**<br>**Turkish**<br>**Scholars**<br>**Prof O.R.**<br>**Gurney**<br>**Memorial**<br>**Cultural**<br>**Heritage**<br>**Management**<br>**Project**<br>**SARAA**<br>**Boncuklu**<br>**David French**<br>-<br>54,138<br>40,734<br>-<br>-<br>-<br>-<br>55,256<br>18,937<br>14,250<br>3,811<br>2,086<br>13,217<br>21,100|
|---|---|
||55,256<br>73,075<br>54,984<br>3,811<br>2,086<br>13,217<br>21,100|
||**Çatalhöyük**<br>**Publications**<br>**Nahrein**<br>**Other**<br>**Jameson**<br>**Scholarships**<br>**Knowledge**<br>**Frontiers**<br>**Master’s**<br>**Dissertation**<br>**Total**<br>-<br>-<br>-<br>19,356<br>-<br>-<br>114,228<br>6,370<br>2,042<br>2,000<br>6,771<br>122,566<br>4,475<br>272,881|
||6,370<br>2,042<br>2,000<br>26,127<br>122,566<br>4,475<br>387,109|



46 



## **BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023** 

- The BIRI monies represent elements of a grant received from the British Academy and is split over several key activities. 

- The Alan Hall Memorial Fund and the Prof O R Gurney Memorial Fund are used to fund lecture series. 

- The Turkish Scholars Fund is used to assist scholars of countries bordering the Black Sea to travel to the United Kingdom, to the BIAA research centre in Ankara and any BIAA sponsored event in Turkey. 

- Çatalhöyük publications are monies for the publication of the Catalhoyuk excavations. 

- The Jameson Scholarship fund is for travel scholarships for graduate students. 

- Earmarked funds were brought forward for the Cultural Heritage Management Fellowship and for the Public Archaeology workshop. 

- Cultural Heritage Management is an ongoing project. 

- The funds remaining in Public Archaeology Workshop were put to the cost of publications. 

- The Herbarium fund is monies for producing a digital record of the Institute’s herbarium collections. 

- The SARAT fund consists of a 3-year grant (17/18 – 19/20) from DCMS / British Council for the safeguarding of archaeological assets in Turkey. 

- The Boncuklu fund relates to monies donated for the presentation and outreach of the project at Boncuklu. 

- David French monies relate to amounts received from the estate of the late David French for the provision of post graduate scholarships. 

- The Nahrein Network (New Ancient History Research for Education in Iraq and its Neighbours) based in UCL runs a visiting scholarship scheme in partnership with the BIAA enabling academics, cultural heritage professionals, and NGO workers to visit the UK for 1-2 months for training and research. 

- The Safeguarding and Rescuing Archaeological Assets (SARAA) fund is a project funded by the Cultural Protection Fund that facilitates international knowledge exchange between Turkish and Lebanese heritage professionals. 

- The Knowledge Frontiers fund is the monies awarded from the British Academy’s Knowledge Frontiers Scheme 2021: Interdisciplinary Research Programme (Funded by the UK’s Department for Business, Energy and Industrial Strategy) for a two-year water management project titled ‘Water in Istanbul: Rising to the challenge?’ 

- The Master’s Dissertation Prize Fund is to encourage scholarship relating to Turkey and the Black Sea region and support the next generation of scholars. The prize is for the best dissertation on a topic related to the research areas of the Institute. 

47