2022-07-31-accounts

CONTENTS							Page
Report ofthe Trustee							1-4
Independent auditors'	report						5-8
Statement offinancial	activities
Balance sheet							10
Statement ofCash Flow
Notes to the financial	statements						12—18
Appendix A
Reference and Administrative			information
Appendix B
Members ofThe Drapers'		Company		Court ofAssistants		and Standing Committees
Appendix C
Charities Administered	by	The	Drapers'		Company

			Unrestricted	Restricted	Endowment	Total	Total
		Note	Fundf	Fund f	Fund f	2021/22	2020/22
Income and endowments	from:
Donations and legacies Investments			4,000 627985			4,000 627,985	3,500 628,062
Total			631,985			631,985	6'3I,562
Expenditure on:
Charitable activities		4,5	631,485			631485	63I062
Total			631,485			631,485	63I,062
Net investment (losses)/gains					(200,846)	(200,846)	2,/6li, 055
Net iacome / expenditure			500		(200,846)	(200,346)	2 /66,553
Transfer between funds		6	(500)	500
Net mevemeat in funds				500	(200,846)	(200,346)	2,I66,555)
Balances at 1 August				17,647	22,916,563	22,934,210	20,767,655
Balances at31July				18,147	22,715,717	22,733,864	22,93f2/0

				2022	2021
Cash flow from operating activities:
Net cash provided by operating acnvities			CFI	(586,653)	(641,887)
Cash flow from investing activities:
Dividends, interest and rent tram investments				627,985	627,986
Proceeds from the sale ofinvestments
Purchase ofinvestments
Net cash provided by investing activities				41 332	13901
Changes in cash and cash equivalents	in the year
Cash and cash equivalents at 1 August			CF2	155,440	169,341
Cash and cash equivalents at 31July			CF2	196,772	155,440
CF1Reconciliation ofnet income/expenditure		to net cash flow from operating		activities
				2022	2021
Net income/expenditure				(200,346)	2,175,298
Adjustments for:
Losses/(gains) on investments Dividends income and rents from investments				200,846 (627,985)	(2,174,798) (627,986)
(Increase)/decrease in debtors
Increase/(decrease) in creditors				40 832	14,401
Net cash provided by operating activities				586653	641 887
CF2 Analysis ofcash and cash equivalents
				2022	2021
Cash in hand				196,772	155,440
Notice deposits (less than 3months)
Total cash and cash equivalents				196,772	155440
Analysis ofchanges in net debt	At start	ofyear	Cash flows		At end ofyear
Cash		155440	41,332		196,772

Donations
						Total	Total
						2021/22	2020/21
Donation	Rom The Drapers'		Company			4,000	3,500
						2020/21	2019/20
							6
Donation	fiom The Drapers*		Company			3,500	3,500
Investment	income
					Unrestricted	Endowment	Total
					Funds	Fund	2021/22
						0	0
Dividends	receivable from:
The Drapers'		Charities Pooling		Scheme	627,985		627,985
Bank interest		receivable
					627,985		627,985
					Unrestricted	Endowment	Total
					Fund	Fund	2020/21
Dividends	receivable from:
The Drapers'		Charities Pooling		Scheme	627,986		627,986
Bank interest		receivable			76		76
Other income
					628,062		628,062

Funds
			Movements	ofFunds
	Sa)ance 0L08.21	Incoming resources	Resources expended	Transfers	Gains/ (losses)	Balance 31.07.22
		t,		8
Capital Fuads:
Permanent
Endowment	22,916,563				(Zpp 846)	22,715,717
	22,916,563				(zpp 846)	22,715,717
1uccmc Funds:
Portion aud	17,647			500		18,147
Endowment
Fund
Unrestricted		631,985	(631,485)	(500)
Funds
Total Funds	22,934,210	631,985	(631,485)		(200,846)

			Movements	ofFunds
	Balance	Incoming	Resources		Gains/	Balance
	01.08.20	resources	expended r,	Traasfers f	(losses) 8	3L07.21
Capital Fuadsr
Permanent
Endowment	20,750,508				2,166,055	22,916,563
	20,750,508				2,166,055	22,916,563
income Fuadsr
Portion snd Endowment	17,147			500		17,647
Fund
Unrcsutcral		631,562	(631,062)	(500)
Funds
Total Funds	20,767,655	632,562	(631,062)		2,166,055	22,934,210

	Total	Total
	2021/22 E	20lgi21 f
Market value at I August	22,916,563	20,750,508
Acquisitions
Disposals
Net investment (losses)/gains	(200,846)	2,/66,055
Market value at31July	22,715,717	22,9/6,563
Historical cost at 31 July	9,830,832	9,830,832

8	Analysis oftotal net	assets	Unrestricted	Unrestricted	Restricted	Endowment	Total
				Fundf	Fundf	Fund	31.07.22
	The Drapers' Charities	Pooling Scheme				22,715,717	22,715,717
	Net current assets				18,147		18,147
					18,147	22,715,717	22,733,864
			Unrestricted		Restricted	Endowment	Total
				Fund	Fundf	Fundsf	31.07.21f
	The Drapers' Charities	Pooling Scheme				22,916,563	22,916,563
	Net current assets				17,647		17,647
					17,647	22,916,563	22,934,210
9	Debtors					31.07.22f	31.07.21
	Accrued income
10	Creditors: Amounts	falling due within	one year			31.07.22	31.0721f
	Amount due to The Thomas Howell's Education Fund for
	North Wales					102,133	62,082
	Amount due to Girls' Day School Trust Howell's School, Llandaff Sundry Creditors		on behalf	of		74,946 1,546	74,195 1,516
						178,625	137,793

13 Prior year SOFA
	Unrestricted	Restricted	Endowment	Total
	Fund	Fund	Fund	2020/21
Donations and legacies Investments	3,500 628,062			3,500 628,062
Total	631,562			631,562
Expenditure on:
Charitable activities	631062			631,062
Total	631,062			631,062
Net investment (losses)/gains			2,166,055	2,166,055
Net income / expenditure	500		2,166,055	2,166,555
Transfer between funds	(500)	500
Net movement in funds		500	2,166,055	2,166,555
Balances at 1 August		17,147	20,750,508	20,767,655
Balances at 31July		17,647	22,916,563	22,934,210