WESSEX ARCHAEOLOGY LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity returned to a surplus of £2.4m for the year ended 31 March 2024, following a deficit in the previous year. Total funds increased to £7.8m, which the trustees consider to be in line with their reserves policy target of three months' operating costs. The organization reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“the minimum reserves were set at three months’ operating costs (c. £6m).” — page 9
“The salary, pension contribution and benefit in kind was in relation to C. Brayne for the current and previous year.” — page 26
“The Charity has a trading subsidiary, Wessex Archaeology Ventures Limited which is the sole shareholder of Trident WA GmbH Germany.” — page 11
Leadership, per the charity’s website
- Stuart Eve — Chief Executive Officer
- Ian Dunn — Chair
- Caroline Budd — Chief People Officer
- Abby Bryant — Chief Commercial Officer
- Stephen Smith — Chief Financial Officer
- Louise Tizzard — Data, Innovation & Technology Director
- Jayne Lomax — Sustainability & Carbon Management Director
- Andrea Burgess — Business Systems & IT Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alexander Paul Schultz
- Dr Natasha Elena Gibson
- Ian Derek Dunn
- Kathryn Louise Culley
- Professor Robin Gerald Skeates
- Robert William Laddle
- Sarah Marie Sek
- Simon Jonathan Miller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27.7m | £26.6m |
| 31/03/2024 | £25.0m | £22.6m |
| 31/03/2023 | £22.8m | £24.6m |
| 31/03/2022 | £22.7m | £21.8m |
| 31/03/2021 | £21.3m | £20.2m |
Common questions
Is WESSEX ARCHAEOLOGY LIMITED financially healthy?
The accounts state that the charity returned to a surplus of £2.4m for the year ended 31 March 2024, following a deficit in the previous year. Total funds increased to £7.8m, which the trustees consider to be in line with their reserves policy target of three months' operating costs. The organization reports no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Haysmacintyre LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 01/11/2023 | £10k | "The Welcome Project" |
| The National Lottery Heritage Fund | 08/02/2023 | £116k | "Digging for Erlestoke" |
| The National Lottery Heritage Fund | 26/07/2022 | £10k | "Defensive Links: Burntisland's military past" |
| The National Lottery Heritage Fund | 26/10/2015 | £92k | "Fishing industry protocol for archaeological discoveries: establishing a historic environment fisheries liaison officer" |
| The National Lottery Heritage Fund | 02/05/2012 | £46k | "Project Florence" |
| The National Lottery Heritage Fund | 05/05/2010 | £37k | "Celts and Romans in North WIltshire" |
| The National Lottery Heritage Fund | 18/10/2007 | £50k | "Time Travelling by Water (TTBW)" |