##
|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|