2023-03-31-accounts

		Page
Report ofthe Trustees		1 to	4
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	8 to	14
Detailed Statement ofFinancial Activities		15

							31.3.23	31.3.22
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes
INCOME AND ENDOWMENTS FROM
Investment income					28,203	144	28,347	26,077
Other income								7,080
Total					28,203	144	28,347	33,157
EXPENDITUIu:		ON
Raising funds					17,245		17,245	17,654
Charitable activities
Grants					20,860		20,860	25,400
Other					3,412	100	3,512	2,599
Total					41,517	100	41,617	45,653
Net gains/(losses)	on investments				(126,443)		(126,443)	92,716
NET INCOME/(EXPENDITURE)					(139,757)	44	(139,713)	80,220
RECONCILIATION			OFFUNDS
Total funds brought		forward			2,170,043	11,079	2,181,122	2,100,902
TOTAL FUNDS CARRIED FORWARD					2,030,286	11,123	2,041,409	2,181,122

				31.3.23	31.3.22
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Investments	7	1,998,284	11,123	2,009,407	2,151,468
CURRENT ASSETS
Cash at bank		52,553		52,553	47,956
CREDITORS
Amounts falling due within one year	8	(20,551)		(20,551)	(18,302)
NET CURRENT ASSETS		32,002		32,002	29,654
TOTAL ASSETSLESSCURRENT
LIABILITIES		2,030,286	11,123	2,041,409	2,181,122
NET ASSETS		2,030,286	11,123	2,041,409	2,181,122
FUNDS
Unrestricted funds				2,030,286	2,170,043
Restricted funds				11,123	11,079
TOTAL FUNDS				2,041,409	2,181,122

				31,3.23	31,3.22
	Investment	income		28,347	26,077
3.	RAISING	FUNDS
	Investment	management	costs
				31.3.23	31.3.22
	Portfolio management			17,245	17,654

Trustees' expenses
		31.3.23	31.3.22
Trustees' expenses		1,116	904
COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	fund	fund	funds
INCOME AND ENDOWMENTS FROM
Investment income	25,940	137	26,077
Other income	7,080		7,080
Total	33,020	137	33,157
EXPENDITURE ON
Raising funds	17,654		17,654
Charitable activities
Grants	25,400		25,400
Other	2,499	100	2,599
Total	45,553	100	45,653
Net gains on investments	92,716		92,716
NET INCOME	80,183	37	80,220

5.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
					Unrestricted	Restricted	Total
					fund	fund	funds
	RECONCILIATION		OF FUNDS
	Total funds brought	forward			2,089,860	11,042	2,100,902
	TOTAL FUNDS CARRIED
	FORWARD				2,170,043	11,079	2,181,122
6.	GAINS/LOSSES ON		INVESTMENT ASSETS
	The gains arising from		the movement ofthe investment		assets comprises;
	Unrealised loss on revaluation			ofinvestments			75927
	Realised loss on disposal ofinvestments						50516
	Total						126443
7.	FIXEDASSETINVESTMENTS
							Listed
							investments
							f.
	MARKET VALUE
	At 1 April 2022						2,151,468
	Additions						958,599
	Disposals						(1,024,733)
	Revaluations						(75,927)
	At 31 March 2023						2,009,407
	NET BOOK VALUE
	At 31 March 2023						2,009,407
	At 31March 2022						2,151,468

					Listed
					investments
	Valuation	in 2020			1,604,216
	Valuation	in 2021			471,437
	Valuation	in 2022			75,815
	Valuation	in 2023			(142,061)
					2,009,407
8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.3.23	31.3.22
	Grants payable			14,360	12,050
	Accrued expenses			6,191	6,252
				20,551	18,302
9.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.4.22	in funds	31.3.23
	Unrestricted funds
	General fund		2,170,043	(139,757)	2,030,286
	Restricted	funds
	Restricted	fund	11,079		11,123
	TOTAL FUNDS		2,181,122	(139,713)	2,041,409

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
Unrestricted funds
General fund	28,203	(41,517)	(126,443)	(139,757)
Restricted funds
Restricted fund		(100)		44
TOTAL FUNDS	28,347	(41,617)	(126,443)	(139,713)

		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

		Net
		movement	At
	At 1.4.21	in funds	31.3,23
Unrestricted funds
General fund	2,089,860	(59,574)	2,030,286
Restricted funds
Restricted fund	11,042	81	11,123
TOTAL FUNDS	2,100,902	(59,493)	2,041,409

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
Unrestricted funds
General fund	61,223	(87,070)	(33,727)	(59,574)
Restricted funds
Restricted fund	281	(200)		81
TOTAL FUNDS	61,504	(87,270)	(33,727)	(59,493)

Detailed Statement of	Financial Activities	Financial Activities
for the Year Ended 31	March 2023
			31.3.23	31.3.22
INCOME AND ENDOWMENTS
Investment income
Investment income			28,347	26,077
Other income
Grants returned				6,500
Donations				580
				7,080
Total incoming resources			28,347	33,157
EXPENDITURE
Investment management		costs
Portfolio management			17,245	17,654
Charitable activities
Archaeological grants			20,860	25,400
Support costs
Management
Trustees' expenses			1,116	904
Honorarium			1,375	1,250
Professional subscriptions			130	225
Promotional expenses			119	(576)
Accountancy charges			600	600
Biennial lecture expenses			100	100
Bank charges			72	96
			3,512	2,599
Total resources expended			41,617	45,653
Net expenditure before gains and losses			(13,270)	(12,496)
Realised recognised gains		and losses
Realised gains/(losses)	on	fixed asset
investments			(126,443)	92,716
Net (expenditure)/income			(139,713)	80,220