|||||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|