| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | ||
| Independent Exam incr's Report |
|||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | |||||
| Notes to the Financial | Statements | 8 | to | 14 | |
| Detailed Statement of | Financial | Activities | 15 |
| Statement ofFinancial for the Year Ended 31 |
Activities March 2022 |
||||||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| investment income |
25,940 | 137 | 26,077 | 25,336 | |||
| Other income | 7,080 | 7,080 | |||||
| Total | 33,020 | 137 | 33,157 | 25,336 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 17,654 | 17,654 | 16,258 | ||||
| Charitable activities |
|||||||
| Grants | 25,400 | 25,400 | 26,479 | ||||
| Other | 2,499 | 100 | 2,599 | 4,697 | |||
| Total | 45,553 | 100 | 45,653 | 47,434 | |||
| Net gains on investments | 92,716 | 92,716 | 485,401 | ||||
| NET INCOME | 80,183 | 37 | 80,220 | 463,303 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 2,089,860 | 11,042 | 2,100,902 | 1,637,599 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,170,043 | 11,079 | 2,181,122 | 2,100,902 |
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Investments | 7 | 2,140,389 | 11,079 | 2,151,468 | 2,075,653 |
| CURRENT ASSETS | |||||
| Cash at bank | 47,956 | 47,956 | 51,882 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(18,302) | (18,302) | (26,633) | ||
| NET CURRENT ASSETS | 29,654 | 29,654 | 25,249 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 2,170,043 | 11,079 | 2,181,122 | 2,100,902 | |
| NET ASSETS | 2,170,043 | 11,079 | 2,181,122 | 2,100,902 | |
| FUNDS | |||||
| Unrestricted funds |
2,170,043 | 2,089.860 | |||
| Restricted funds |
11,079 | 11,042 | |||
| TOTAL FUNDS | 2,181,122 | 2,100,902 |
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Investment | income | 26,077 | 25,336 | ||
| 3. | RAISING | FUNDS | |||
| Investment | management | costs | |||
| 31.3.22 | 31.3.21 | ||||
| Portfolio management | 17,654 | 16,258 |
| Trustees' | expenses | ||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Trustees' expenses | 854 | 19 | |||
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| INCOME | AND ENDOWMENTS FROM | ||||
| Investment | income | 25,168 | 168 | 25,336 | |
| EXPENDITURE ON | |||||
| Raising funds | 16,258 | 16,258 | |||
| Charitable | activities | ||||
| Grants | 26,479 | 26,479 | |||
| Other | 4,697 | 4,697 | |||
| Total | 47,434 | 47,434 | |||
| Net gains | on investments | 485,401 | 485,401 | ||
| NET INCOME | 463,135 | 168 | 463,303 |
| for t | he Year Ended 31 March 2022 | ||||
|---|---|---|---|---|---|
| 5. | COMPARATIVES FOR THE | STATEMENT OF FINANCIAL ACTIVITIES - continued | |||
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
1,626,725 | 10,874 | 1,637,599 | ||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 2,089,860 | 11,042 | 2,100,902 | ||
| 6. | GAINS/LOSSES ON INVESTMENT ASSETS | ||||
| The gains arising from the movement ofthe investment | assets comprises: | ||||
| Unrealised protit on revaluation |
ofinvestments | 72623 | |||
| Realised profit on disposal ofinvestments | 20093 | ||||
| Total | 92716 |
| 7. | FIXEDASSET INVESTMENTS | |
|---|---|---|
| Listed | ||
| investments | ||
| MARKET VALUE | ||
| At 1 April 2021 |
2,075,653 | |
| Additions | 586,281 | |
| Disposals | (583,089) | |
| Revaluations | 72,623 | |
| At 31 March 2022 | 2,151,468 | |
| NET BOOK VALUE | ||
| At 31 March 2022 | 2,151,468 | |
| At 31 March 2021 | 2,075,653 |
| 7. | FIXEDASSET | INVESTMENTS - continued | ||||
|---|---|---|---|---|---|---|
| United Kingdom |
f687156 | |||||
| Outside the UK | f.1464312 | |||||
| Cost or valuation | at 31 March 2022 is represented | by: | ||||
| Listed | ||||||
| investments | ||||||
| Valuation in 2020 |
1,604,216 | |||||
| Valuation in 2021 |
471,437 | |||||
| Valuation in 2022 |
75,815 | |||||
| 2,151,468 | ||||||
| 8. | CREDITORS: | AMOUNTS FALLING DUE WITHIN | ONE YEAR | |||
| 31.3.22 | 31.3.21 | |||||
| Grants payable | 12,050 | 19,165 | ||||
| Accrued expenses | 6,252 | 7,468 | ||||
| 18,302 | 26,633 | |||||
| 9. | MOVEMENT | IN FUNDS | ||||
| Net | ||||||
| movement | At | |||||
| At 1,4,21 | in funds | 31.3.22 | ||||
| Unrestricted funds |
||||||
| General fund |
2,089,860 | 80,183 | 2,170,043 | |||
| Restricted funds |
||||||
| Restricted fund |
11,042 | 37 | 11,079 | |||
| TOTAL FUNDS | 2,100,902 | 80,220 | 2,181,122 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted funds |
|||||
| General fund |
33,020 | (45,553) | 92,716 | 80,183 | |
| Restricted funds |
|||||
| Restricted fund |
137 | (100) | 37 | ||
| TOTAL FUNDS | 33,157 | (45,653) | 92,716 | 80,220 | |
| Comparatives for movement |
in funds |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1,4,20 | in funds | 31.3.21 | |
| Unrestricted funds |
|||
| General fund |
1,626,725 | 463,135 | 2,089,860 |
| Restricted funds |
|||
| Restricted fund |
10,874 | 168 | 11,042 |
| TOTAL FUNDS | 1,637,599 | 463,303 | 2,100,902 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| Unrestricted funds |
||||
| General fund |
25,168 | (47,434) | 485,401 | 463,135 |
| Restricted funds |
||||
| Restricted fund |
168 | 168 | ||
| TOTAL FUNDS | 25,336 | (47,434) | 485,401 | 463,303 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.22 | |
| Unrestricted funds |
|||
| General fund |
1,626,725 | 543,318 | 2,170,043 |
| Restricted funds |
|||
| Restricted fund |
10,874 | 205 | 11,079 |
| TOTAL FUNDS | 1,637,599 | 543,523 | 2,181,122 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| Unrestricted funds |
||||
| General fund |
58,188 | (92,987) | 578,117 | 543,318 |
| Restricted funds |
||||
| Restricted fund |
305 | (100) | 205 | |
| TOTAL FUNDS | 58,493 | (93,087) | 578,117 | 543,523 |
| for the Year Ended 3 | 1 Mar | ch 2022 | ||
|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||
| INCOME AND ENDOWMENTS | ||||
| Investment income |
||||
| Investment income |
26,077 | 25,336 | ||
| Other income | ||||
| Grants returned | 6,500 | |||
| Donations | 580 | |||
| 7,080 | ||||
| Total incoming resources |
33,157 | 25,336 | ||
| EXPENDITURE | ||||
| Investment management |
costs | |||
| Portfolio management | 17,654 | 16,258 | ||
| Charitable activities |
||||
| Archaeological grants |
25,400 | 26,479 | ||
| Support costs | ||||
| Management | ||||
| Trustees' expenses | 854 | 19 | ||
| Honorarium | 1,300 | 1,250 | ||
| Professional subscriptions |
225 | 125 | ||
| Promotional expenses |
(576) | 609 | ||
| Accountancy charges |
600 | 600 | ||
| Biennial lecture expenses |
100 | |||
| Professional fees |
2,025 | |||
| Bank charges | 96 | 69 | ||
| 2,599 | 4,697 | |||
| Total resources expended | 45,653 | 47,434 | ||
| Net expenditure before gains and losses |
(12,496) | (22,098) | ||
| Realised recognised | gains | and losses | ||
| Realised gains/(losses) | on | fixed asset | ||
| investments | 92,716 | 485,401 | ||
| Net income | 80,220 | 463,303 |