THE
DRINKS TRUST
EST. 1114
SiIPPOATING DIIINKS INDUSTRY PEOPLE
THTr. DRINKS TRUST
IFornierl> THE W'INTr. AND %PIRI'I' TR.11)Tr'S' BE%LI'OI.Tr:NT SOCITr.TI")
(CompaTr)' Ilmlled by %u*raTr1￿l
RLPORT AND blNA%CIAL STATTr-MLYTS
FOR THE YEAR £WDF.D
31ST DECEIIBER 21120
Company Regis￿ed Number. 2783340
Chariry Number.. 1023376

THTr. DRI%K.% TRI.'4T IftsTmerlv'THE W'IliE AND %PIRITTRADES' BE￿E￿,￿LENT S()CIETY'I
{Comp¥nTr limilL.d bTr gu*r#ntLYI
RLPORT AND TrIYANCIAL STATLN1EI%TS
YLAR LNDLD 315T DECE%IBLR 202•
CO%TEYTS
P¥gt
Chair's S￿len￿nI
Corporate Parlners
List of Individuul tk)nors
Tru51ees' Ryrt
9- 17
Auditor5. Rewrt
Statement of Fina￿1￿] Activities
21
Churity BDlance She¢¢
22
C'ash Flow Stsicmcnt
23
Not¢% to Fina￿141 s￿leMen1$
24-35

THF. DRINl¥.S TRI,'ST {form¢rfv 'THF. M"I)F. AND SPIRIT TRADF.S' BESF.I.'OI.ENT SOCIF.TY')
IComp*nv limited b!" Ru*r*ntee)
CHèllR'S STATF.￿1F.￿T
YEAR EYDED 31*•T DECETrIBER 2020
Ft)Ilowing a comprchen%ivc b￿51T￿* rcvicw with key %tak¢hoidcrs. 'Th¢ Drink& Trust. w&% announccd Thc
￿Lnc￿.01Cnl'5 ncw namc on l?th March ?020. with a Vi%1¢￿ th¢ charity to fil with th¢ curr¢nl nc¢ds and
Luliurc ()I'thc m[￿ern drinks und ho%pithlkty indu&th￿.
Thc planned k¢y goals lo d¢liver on IL8 strBtegy WeTe Js follows:
InLr¢use ih¢ volum¢ of bcTh¢fiiiari¢s rti¢iving harthhip suii¥xl
Prvi ide Lomprehensive wellbein¥ ￿up￿rt ieTriLes
Diver4ify dnd inLYease rth'enue &CTOSS donaiions. extrrnal fimdraising INI in-kind pArtne￿hIPS
IkL're¥se relianLL un th¢ Lharity's inv¢stment inLom¢
1kn,¢14)P 4UMI build an induilry community servhie offuin8 wellbeing vocaiM)n81514V)rt
LaunLh new and LoniemFK)rary e%ents betier suiied 10 the nxNJem drink5 hospithliiy indus
ProfL&sionalise Ihe operaiion by inirodwin8 new intrrnal sysiems across d&ia managemeni. benefieiary
tlisessmeni. fuftdraisin8 41nd marketing
COVIDI g and lioi'ernment resiriciions on ihe drinks and hospitaliry tndumries came within days of ihe launeli of ihe
new idLniiiy. The pandemic's impa¢1 hi8hli8hied ihe importance of chan8in8 ihe sm'ices and eihos of ihe organ1￿110n,
as ihe demand for supÈx)rt from colka8ue8 in (￿r indumry increased Mfold in ihe wttks followin8 ihe fiN I￿kdown.
Thanks 10 ihe 8enerosiiy and aciions ofihe busin¢ss¢s and fundrnisers who supponed the chariiy ￿ a lime of 8r¢at n¢ed,
The Drinks Trn81 M'as obl¢ ￿ suppffl moff orth¢ indullry workf(fftt iknn ai any lime in lis hiAory,
The followin8 18 A review of how the ¢tr￿lty rKrfornl￿ 8tven th¢se unrrtcedenttd unforeseen circumsthnces.
Ch*rlt*blt Revtnu
The t)rink$ Tni8t earned ￿￿11 in¢om¢ of £2.401.044 whi¢h r¢rKwi¢d an in¢r¢8s¢ of £1.452.037 ov¢r equivhl¢ni 2019
rckenuL51£949.IM)71.
Thi% significAni incrctse was xhievcd 1hr￿gh hI￿¢r cor￿￿¢¢ thnaiiLm& Busints5 Pthnership5 and One-oty
t)onu¢ions. Muny donuicd fuThls w￿lf1(allY io Ilk￿ impacied by COVIt)1g ond for Ihc churiiy's *cllbcin8
5CtI'lCC5. Intcrnul fundraisinB activitlC5. C5pcrially cvcnts. fcll 5ubstsntially due to COIIIDI 9 rcsinctions. t)c$pitc th¢
Shortfall in o'cnt rLvcnucs. Ihc uplift in donor revcnucs allowed thc rharity lo cxcecd planncd rcTr¥'enue of £868.¥50.
lkne of the Lharity s goali was io veduce ￿lIance on inve*m)eni fund withdrAwv411 10 IWo1ional eolts. The
Lharity wiihdrcw. L.345.(KXI in 21)19 and bud¥ded to rtducc withdrawa15 to £?411.(KM) in ?n20. Thc pl￿dcM1C nc¥ali%'cIy
imp4lltL￿ invcsimcni rdum¥. the decision made drnw fn)m the fvnd after mtt￿h 2n20. and a tt>tal of
I IMI.IMX) drawn in ?O?Q rcsuli.
Benefic1#
rwlett- H*rdshl Rdkr
ThL Drink.% Tru%1 w4h% yULL¢￿￿tUI in 8Lhiev?n¥ il¥ ¥oal ￿ gn)w the number of bencficiaries thc charity help. In 211?{l. the
Lhurity h1￿ %upFx)Mrd 4.5¥3 indib￿￿#13. vf these. W9 beneficitiries were ￿p[M)fiCd wilh pen￿lL fin#nLial a4%i%l¥nce
¥ranl% and i'¥rii?u% ALl¥ of KirKIne￿ an incr¢#sc vf 223 ovtt the 2019 equivalcni 01.776. AcL% ol. Kin(Inei4 wcre %h()y'n 10
'ncfiLiaritr% by ￿aY of one-OtT grants. TV license payments. C'hrisimas grants and 'goods' such as Whi￿ gthNls. Thi$
rcprcKnied an improi'emLni of almosi 3(Y/o Oser the number ofbeneficiaries in 2019.
In addiiion 10 ihe ￿nefICianeS Med above. ihe chariry wughi io supwn those facing hardship rclaied io COVID19'5
impaei on hoSpi￿li1y. In .May of 20?0. The Drinks TNSI launched Ihe fir51 or ril'e cmeigency grdni reliLfs. w'iih
reLipienis rLXLii'ing a one-oft. 1250 grani. 'lThi$ firsi round ￿'ll$ follow'ed by the Pesit￿.al Bar Siaff L'meigertcy Grani. the
Drewery Siaff L."mergenLy Grdni, thk Nigh￿l￿b Bar Siaff (irani and finally the End of Furlough Emergency
Grani round.

THF. DRINl¥.S TRI,'ST {form¢rfv 'THF. M"I)F. AND SPIRIT TRADF.S' BESF.I.'OI.ENT SOCIF.TY')
IComp*nv limited b!" Ru*r*ntee)
CHèllR'S STATF.￿1F.￿T
YEAR EYDED 31*•T DECEIIBER 2020
Al Ihc cornplclion of ?O?O. Th¢ Drink.% TnL%t had aw'ardd a total of 2.59X various COVIDI 9 grdnt% lo indi￿ldUall acro&%
the UK. wL.11 a% a singlc grdnl of £??.9ti? to Th¢ BF.N. thc Scottish Liccnsed Trade charity. to dikscminatc in Scotland
t() indi%'idual% 4ualifying on ihe 8fdnts alwady prO%'Kk￿ ihrou¥h The Drinks Trusi. Thc iotrdl %'aluc of all CC)VID19
rants given al y¢ar ¢ryHI was £635.632.
Iltneflela
Serwlees- M'ellbel
5eThlees
The Drinks Trnsi an￿￿[*¢d thr¢¢ expanded servi¢es io deliver mor¢ wellb¢ing support to tht induslry
workforc¢ Lomplementin¥ existing klpline.
In Jun¢ 2020. th¢ firsi of t1￿ scrvic¢s. Sl¢¢p & IAqomnia treath￿l. from th¢ UK'S Icading pmvidcr. Slc¢p¥talion. wgs
14LunLhed. The chariiy h￿d 131 re¥isirdlions for &ssessmeni with 13 Boin8 Ott 10 curnplete ihe full ireaimenl Lourse. The
Drinks Trus1 is no%% lth)ktn8 io further prornoie ihis offtting irt 2021 with kn ambition io in¢r¢A&¢ uptyk¢ li¢¢nses
purLhascd and will reassess ih¢ s¢r¥'ic¢ ai lh¢ end of th¢ year.
In May of 2020 Th¢ Drinks Tryst 0nnou￿tJ its Mitmlful Drinking for The Hospitslity Industy s¢r¥i¢¢. provided by C'lub
s￿a. Ihc ILadin¥ UK provider of irninin8 aThl educalion around the m*nagemeni of alcoliol consuinption. Tlie ￿rvice
hlls proNed pvpul&r upiake for wiryl Jun¢ io tkcemt*r 2020 wa5 11 I licens¢5. The Dn"nks Trust will cuniinu¢ 10
dLli%er th¢ 5erviic through 2021 and make i full as5¢5snkni of out¢om¢s orn1 cotttinualion of th¢ orr¢rin8 al y¢ar ¢nd
2021.
In MJY of 2020. The Drink$ Tru￿ ¥150 l•unched its Thernpy servi￿ Supplied ihrough Dr Julian wcb Services. The
orrerin¥ compri%cd of l'id￿. t¢lcphon¢. and trxt ih¢r*py sm'ic¢s with dc8rry*￿lIfied ih¢rdpi515. Rccipicn15 of lh¢
5¢rvio¢ bein¥ cntiilcd lo ihr¢¢ ¢omplim¢ntary S¢ssions. I￿r¢￿Sing by a further thr¢c to six wher¢ rtquircd. In 2020. 40
op1¢ enroll￿ in lh¢ s¢rvi¢e.
In Novem￿r 2020 The Drinks Tft￿l YnnOu￿¢d the new helpline s¢rvice. which offers 24 houT5 in-th¢-mom¢ni
¢oiin%¥llin¥. and iei'¢rdl ways of r¢oching out inclwlin8 whjlsA￿ •nd ¢mail. Thi5 1$ ¢Dhanccd offering lo
cficiarics. knih in ihc ai'ailability of counselloT5 I￿￿1{￿5[Y 12 hours a dayl and ilK mcdia which can bc us¢d to
con¢acl IhcTn. The s¢ryicc alw otT¢rs bry￿ke BuidarK¢ on con¢¢rns that b¢neficiarics may hav¢. includinB d¢bt advice.
m¢xlialion 5UPFXIrt and a Managm Advi¢¢ line.
The Inc￿08¢d and impro%'¢d %Tvi¢es now offered by The Dn'nk$ Tn￿1 Xn155 M'elI￿1￿g have SUC¢eSsful uptak¢
In?m I￿.nCl1Llar1c￿, with 9MO indiN'idual% haYin8 rcecived offic or more of thc scrviccs 5Ct out knvc. Thc chariiy mct its
tarbVLt and ￿111 conlinuL to irnprovc thcsc 5rn'ice4 b&fcd on rcc1pi￿f fccdback.
In 2n2¢) Thc r)rinks Tru%t'i expcnditUTC on charitable *iivities wa% £1.712.832 183•4 of tnlal cxpcnditurcl. Acm&% all
hard.%hip and WLllhcin8 scr%iLc4. The Drinks Tru$1 was ablc to &k$i5t 4.5¥3 individual4 in 20?0. an incrcu.4c of 2.4)79 ovcr
thL ?{11 Y L4uiNalcnt of l.¢MM. Thc combin¢d total dircct cx￿￿1]lure on bC￿rIC1ary sm'iccs £ l ?Oh.4Y5. risinb by
6¥4.8Mg Irom Ihe 201Y cquivaleni cxperKliture of L521.fA16 . Add]liv￿IlY. this eX￿￿kd1¢UrC w'&% lfy59.756 a￿ve
budbvdcd cxpcndilurc 01. I54&.739 kt for thc ycar 2020. This aehievemerti was m*k wssiblc ihanks to the si¥nifiLIUII
cncr()sity IMTrth businesses ith11vith￿11 #likc.
The Drlttks Cummurtlt
In November ?O?O. The Drinks TnL%i work on its service the Drinks Commurtiiy I￿1. DC is 8 dediLaied
nelW'orkin¥ portAI for e%'eryotte workin8 irt thL dn"rtks" induslry. from the ￿tnI of pr(MIuLlion io the wiiii of sale. 'The
plaiforn) pro%ides a 5paLe lor irtdtssty professionalti io learn alM)Ui W(￿￿11l)n#l #nd wellbeing de¥'elopmeni thnd is
dediLaied 10 helpin8 the workforce proycss in their careers.
Resotsrees on DC Are pr￿luced by leaditt¥ wfessionals #ttd J*ovide the learniti85 they have taken from the
5UCLesses n(1 Lhallen¥ts in iheir own careers. li also dn.ves membets ￿ priNJuce their own iLsi8hts' and share them with
the cominunily. enLourd¥in¥ leaft)irt8 and supp￿.
Addilion4111y. DC a mertiOrin8 pn)gram artd follom'irtg its launth in early 1021. li no* has 30 meniors ortd merttees
coinpleiing the firs1 round of the proBfdm. DC will launch another round of meniorirtg laitt iti 2021.

THF. DRINl¥.S TRI,'ST {form¢rfv 'THF. M"I)F. AND SPIRIT TRADF.S' BESF.I.'OI.ENT SOCIF.TY')
IComp*nv limited b!" Ru*r*ntee)
CHèllR'S STATF.￿1F.￿T
YEAR EYDED 31*•T DECETrIBER 2020
T(? date, ovcr l.(MIO mcmbcr¥ hav¢ joined Ttx and ar¢ bencfiting from ihc ex￿rienCe and skills bcinu thared by ihcir
collca¥ues. particularly ai a lime when many of our colleagu¢s in drinks and hospitslity induslry r￿U]re profc%%ional
.%Up[￿rt lo r¢-¢nicr th¢ job markd and thriv¢ in th¢ ycars ahe*l.
rn*l In5tlativ
I'he 20?U slraie¥y Lalled tor new and conitmN)rary irMluW el'enls. COI.'ID19 m￿t mosi fundraising e%'Lnts imwssible.
and all evenl¥b were LanLelled ihn)uuhwi the ytar fn)m mid-MdfLh. Th¢ Drinks Trus1 art L4tuliuusly upliinislic
rundrdising events will be w>ssible irt 2022 and plan io ¢kliver on this goal.
Th¢ annual ball cv¢ni did lak¢ pl¥c¢ in 2020 ?￿j sold out tickcts which rjis￿ £30.786.38 Ivy £43.47b in 2019}
bllllv ￿1*￿*
I'he !U?O siral¢gy commiti¢d Th¢ Drinks Tn￿1 io U￿1¢ its pNK¢dur¢s and syst¢ms lo substhnlially impruv¢
pr(MIuLli%.iiy and ¢ffi¢a¢y. In S¢pt¢mb¢r 2020. lh¢ ¢harily rnow￿ its a¢¢ounlin8 Systvn to X¢ro and LunlraLt¢d art
oul.wurced ¥couniancy fimi 4￿¢Iall%1n8 in Aot-for-profii 5¢th0r.
In D¢r¢mb¢r 2020. th¢ ¢hority impkn*n*d 4 new Thm-for-ryofii CRM syÉ*m that li linked io lis 0¢¢4yunting sy51¢m. The
nLW C'RM allows for si¥nificanily improbd manag¢m¢ni of rtrords. daia capability. fundrdisinB I￿75. and b¢n¢fi¢i
n?Hnuy¥n)¥lll lools. Thts¢ 1*0 syst¢nts 108¢th¢r h•i'¢ allow￿ the ch8riiy ￿ ¥AJvance its ¢apabilily sighificanily.
Additionlilly, Ihe charily has produccd uNlai¢d and Impro%.￿ p)liciu acros5 w¢lfar¢ cligibility and proc¢ssing. CJt)PR
¥cnLrdl opernling pro¢edures. All pTrli¢ia hav¢ b¢¢n wr¢5sfvlly inirYMlu¢al and allow. the charity lo o￿T￿le iiiorc
ff¢ctiv¢ly and trnnspar¢ntly for m¥ny y¢Jts ￿ ¢ome.
.Sumrn*
20?0 proNcd lo ￿ one of the most ehLllcn8in8 tim￿. in iNkn*try hi51ory with an ￿n￿ceed¢miLYl nrd for sUPIMYrt for Ihos¢
itJlPiiCi￿ bv GoNernmcnl rtstriclions du¢ to COVID19. The Drinks Trusl r￿rA)nd￿ admirably to Ihcsc challen¥L$.
cN'ol%'ul ils ￿rViC¢S and delib'cred 5uiwrl unpardll¢lcd in ils history. Th¢ covir)19 pandcmir cam¢ al a time when th
harity lo(Trkcd to mak¢ %ignificanl chall8￿. allow'ing li to adapt to the changing nwds ol- tho Workfo￿¢. The BIMIS
mhitions set oul in ¢arly March 20?0 were ambitious in th¢mselv¢s. but a5 Ihe pandmi¢ I￿gIn IiTr lak¢ its toll on
thc indu%lry. Ihc dcman(l on thc Lhan"ty widly incrrasd. creatinB a challcnBc tv dclivcr on both il¥ vi%ion and th¢
cxp(Trncntial ¥mw'ih in dcm¥nd.
It has bccn. hope, a challcn8e ihat we never hvt io eX￿leT￿t again an irth*lry. WMI it i* also onc that Thc l)rtrtk$
Tru%t able to rise to. IiTmly rc-CStabli%hin¥ itsclf a% a pillar of thc inthi$lry aThl a lifclinc to many th{)U￿n￿% ol.
iTKlivhduals who withoul il. may hav¢ fac￿ 5i8nificant un¢crtainty.
Thank
It IS IrnlM>15ible io providc cnou8h yatiiude ￿ the that Thc Drinks Tn￿ received from knors volunietts I
?0?11. Many busincsscs and individuals ¥a%'c this charity the funds.. mcons and iimc that allow'cd il tu pruvidc SUPTM)rt
that ils bLnLfiLjdfics dLSFmtLly nccdcd. They arc all namcd in IIK subscqucnl and w'hilsl somc d(mor4 g4L%e
huntheds of ihousands irt dort*ti0rts. ￿herS 8aNe hundred%" despite facing si¥nifiLani financial chlillenges. 1'1iere is no
5iinple way io ihank arty of our SUpP)rte￿ witrM)ui Sin4)ly saying you ue The Dritiks Tn￿1 athl therefore diis charity's
IiihiLI'eniertl is your aLhie%'emeni.
I wish 10 thartk our Chair ofTrusiees 90191?O*O. Mkchael Saunders. for his lime and dedicaiion. and indeed io all irusiees
nd patn)ti5. for their sUPP)rt in ihe wurk aLhith'ed in ?O?O. Finally. I w'#ni io thank Uie *am ai 'fhe Drinks. I'rusL who
worked iirelessly io supp)rt their Indus￿ coljeg8ues in 2020 and coDiillue io th) so io da*.
Tro* Chrlstenxen
Chilr of I'rll5tees

THF. DRINl¥.S TRI,'ST {formfrlTr THF. W'INE AI%D SPIRIT TRADF.S' BF.NEN'OI.F.NT.50CIF.TY')
{Cfjmpan)" limlttd bi. %u•rantee)
CORPORATF. PARTI%F.ILSHIP M'ITH THF. DRINKS TRUST (FORMF.RI,Y THF. BF.%EI'oI.E￿T>
FOR THE YEAR ENDED 31ST DECEIIBER 2D211
The companies and organis01ions listed below were Col￿TrIc t*)￿)r$ of The Drinks Tn￿ Ifornierly The Beneyoleni) ￿ at
the end of De¢ember 2020.
Foundlug P*trD•
Worshiplul Company of Vinthers
Ethinwon.Beam Sunw UK
Distyibuiion
Emwria BraTh
F￿41¢ 360
Enolria&Co¢
Everl¢af Drink%
Everyday
F&rr Vintskn.¥
Fifth Gencraiion. Inc.
Freixenth Cortsiick
Fuller Smith & Turner plc
Globol Bart¢ndinA
Go¢dhui4 & Co
(JOI￿aleZ IIy&%5 UK
Grnft Whne Company
Guy AndeNm Wines
Halion TUMLY Br¢win8 Company
Ilaich Manifield
Hayncs Hanwn & Clark
Ha￿ard Ilrothus (Wines}
Il¢in¢k¢n UK
HillebraEyl
Hvnc¥t ljrew
IAn MaLle(Kl Disiillers
Invcr House DI￿111¢￿$
IWSC Foundaiion
J¢rolM)am WI￿ Mcrrhants
John Ans¢11 & Parln
Kcythr UK
Kin% Cor F(M)d Indwrial
King51and t)n"nks
Laureni PerriLY IUKI
Lay & WhLYler
Lea & S2nd¢man ￿'1￿e m¢￿h3nts
Lee Bolton Monier Williams
Le5 Grands Chais tk Fran¢e
Libeny Wines
London
Louis L410ur Agencies
Maisons M#rqu¢s d Iknines
Majeqic Win¢$
Makmak¢ Ik¢r
M&st-JA ￿￿ern￿lSter UK
Mcntr2rthrff& Co
Mixellany
M(*1 Hennessy
5¥ Gin
Acco11¢ dc Wines
Alcohals
Annii Win¢
AS￿hi UK
Asterley BrD5
Myliko Wines
Naked Wines UK
Napa Vall¢y Vinin¢rs Asx)cialion NVVA
NDML
N¢iMhbourly Communiiy Fund
New. Generation Il'ines
Nvrthcrn Monk Brewing Co.
l)Jd Fim) or Sin
Off-pisie Wine
Old t)uff ('
J¢nL%'¢r
Par3Rraph PublishinR
Pernryl Ricurd UK
Pol
Pr￿[ Drinks
Qubnies5ential Brands
RLxny Cointrcau
Richard BrLmdon of London
Sa%'ylls Bcveragc Co.
Sip*mÈth
S￿ri￿11ty Drinks
Stccly Fox
Siury PR
Thi Brewers, Company
Thc Woicr Man
Thc Winc Trade s￿1$ Club FoundAtitsn
Thrccstron
Tipjar
Trrdsury Wine Es'lal¢S
Vini8He R￿15
Virgin Wines
V%C' Winc & t)rink
Whisky Auciion
Au.siralian VinthKe
11o¢drdi
Ilayihorn¢ Hall
BeD¢on CommTrJitie5
Berkmann Win¢ Cellars
Bcrnwr InlLrnuliondl
Berry Bros & Rudd
Ik5tway
Ilrilk ElrLVlery
Broadland Drinks
Bro¢kn?an% Clin
Ilruwn-Fonndn El¥'i cr¥¥¢4 Ewope
Bwichl&ddiLlI D151illery
Buckingham Schenk
C'amp£Wi UK
Curlion Club
CuscllJ Family Ilrands
( u%k xx 'frading
C ellicr dcs 1)auphin5
C"hanxinM tk.haviour
L'h¥sc Dislillcry
CirLIc LTrfw'ine Wriiers
Co¢ktsils in the City
( i)nLha y Toro
C'on%lLllaiion Brands Iniernaii(wl
Comey & Ilarri7w Bars
Cotswolds. Disiillery
Craft Gin Club
C-uri()￿% Vines
D¥vy&(iTr
tkcanier MuRazine
DidJ¢eo Great Brithin
Dir¥il Wincs
Di%TupliY¢ Craft Spirits
Di.%tell International
Wh￿¢ & Mackay
William Grani & Sons UK
willi￿ Rccd 14u4ine%s Media
Winc & Spinl Trddc Asyxialton
'wlf Drinks
Worshipful Comp#rty of Distillers
'OTshipfvl Company of Innholdcrs
'orshipful Company of Vinmcr5
WX Brands
rjourthe IUK)
Drynk% Unlimiitd
L: & J (ialto ￿￿'lnery Eunjpe
The TnLSt Il()rmerly The Benv¥olentl wAJuld like to acknow'ledge the support (Trf the*e ¢ornpanies and regional
Winc dnd Spiril A￿￿KI￿li￿n% and thank them for ts￿Ir annual donations a￿1 thcir on-¥oin¥ hclp &%si%tancc.

THF. DRINl¥.S TRI,'ST Iformrrh THF. W'INE AI%D SPIRIT TRADF.S' BF.%EI'OI.EYT SOCIETY.)
{C.omp#ni" limited h). %w*rrtntet)
I,IST nF INDII'IDI',11. DONOILS
Tr'OK-I'IIL YE..IR LP*DED 31SI' DECL.IIBLR 20211
The Board of Trusi¢es also wishes io expr¢ss their thanks for the ¢ortstsni loyalty. through Annual subs¢ripiion5 And
donations io th¢ following individuals w.ho haN¢ 8¢n¢rously agr¢¢d io donal¢ to Th¢ Drinks Trusl's Ifonn¢rly The
I1¢n¢￿0]CnI} fuThls w'ith 8 minimum of £35 p¢r annum. Without such Sup[￿ Th¢ Dn"nks Tru51 Ifomjerly The
B¢n¢Trolenii could not ¢&rry oul its task of fdrin8 for th¢ less fonuna* m¢mb¢rs of th¢ IT￿1¢.
A H411
A P Wcsipn
A W Fairbank
Aawn Ltt
Abraham Thom&s Yusef Andrew Rowsome
Adam BaRRoit
Andrew Sparnw
Adam Ltver
Andy Carson
Andy ChinnLKk
Andy Latham
Andy Mil
Andy Silvesi¢r
An¢tt Morici
An%¢la CIJY
Anna Chrisiopthenon
Anna Elin Sofia Mann
Annc Cathlineau
Anne-maric Morris
Anihony Baff(
Anthony Chapman
Anthony Fi¢ld-Johnson
Ashley Hall
Aurore Vthkn Nes
Andrew CJrn¢ro
Andrew Hill
An41r¢w P¢nnock
CJllum Baines
Calum M¢farlane
Carly H￿d￿n
Camwl Killline
Caroline Cooks(
Caroline Lesur
Caron Richmond
Ciard Wong
Claiw Bainhridge
c-1oir¢ Johnwn
Clive Bradbury
Clive Hunl
Colin Baxter
Conor Matthew
Adam Thomas
Cerentha Chow.
Counnev M4 al￿neY
Craik tklalond
C"rni¥ Dumo
Craig E%'8ns
Crdim Lancasier
Craix Saundir5
Croig Walker
Dan To￿￿5¢nd
Danicl Elphinslonc
Daniel K￿¢
Daniel Pricc
Daniel Shcifield
Adriwi mck￿1￿
Adrian Morwi
Akos Rrtbi
Alan Fairley
Alun Sfflith
AlJn 8ieele
Charlr* m￿Well
Charles Minoprio MW
Charles Orr
Cthorl¢s Shamw-cox
Charlie
Charlotte Br4mham.Jone5
Al*%dair Day
Albinia TN¥tram Eve
Ales%andro C-unia
AILX AbLY
Alex Ilowell
Alex Tilling
Alexander (yrttn
CTharloti¢ Brind
CTharlotie Rushworth
Chk)e Gray
(thloe Ilarnian
Chloe Roscoe
ri4 Maso
ris Mitchcll
t)arr¢n Blanche
Darren Moffis
AILxartdcr Jublunuw'ski
Chris Ncwtom
Darryll Puddy
Da%'id Builer Adams
AILxundLY MLmichen
Al¢xllnd¥r Turnbull
Ayse Tu¥ba Ankay Sagmw Chris Porier
Bary L¢vin¢
Chris Raistri¢k
Da%'id C'ox
AIcx4Lndr4 lTring
AleKandrJ PreKrrtl
Al¢Kandra Thvrne
AILxundros Hudson
Alexs Sherriff
AliLe Williamson
Chris Rat¢liff
Chris Searle
Chris Stroud
(Thris Whi
Chrisielle Ched￿.¢11¢
(1wisiian Barden
Dovid E￿15
Da%id Hunier
David Pollc)Lk
D8I'id Sew'ell
Dai'id Skinner
Bcn Jones
Bcn PK'k
ljenjamin Manie Manini
tJL'njamin Wrixhi
Bdhanie t)ennis
Alison Mann
CThrisiian Purdy
(Thristina Bft)wn
(Thri$topher Abbott
Cthri%tvpher Davcy
Chrisluplkr Eli￿1 L%￿kh
(Thn"slopl*r Fi¢ld¢n
christoph￿ H4yman
ChristoplKr S*phen
David T WriRley
Davide Seg8t
Dean Holland-smiih
Alistsir Morrell
Bill Langan
Boti Ri5hworfh
Alun Cnppack
Aly MdihLT
Am4mdd Hardy
Amy Carmichoel
Ano Ab¢1 Ortiz
Avdrew Bardsley
tknKlli (Thiara
DcbbÈc Wil%on
Ilrdd m￿l￿art
Brian Robinson
C F M(Trscrop
Caitlin Gornwi
De￿rah Culllinson
tkborah IVhit¢
tkmktr4 Mich4el
Denise Allan

THF. DRINl¥.S TRI,'ST (formerfv 'THF. M'IYE AYD SPIRIT TRADF.S' BF.NEI'OI.E)T 50CIF.TY')
{C.omp#ni" limlted hv %w#rnntee
I,IST nF INDII'IDI',11. DONOILS (cf&nt'd}
Tr'OK-I'IIL YE..IR LP*DED 31SI' DLCLIIiIER 20211
tkni5¢ Parker
rkrek Jones
ni%rupii¥e Crall SpiriLS
tkTrnJini¢ LCVLY
lknminique Clwroll
IX)n Spiro
tkbuRlas Paiierson
Dr Niall Mcbride
G4ia Catsrsi
G4reih Evans
Gareih Groves
Gareih Lo￿.[¢n¢¢
Goreih Mur
Hayley R￿Iknapp
HeaiheT Hodge
Heidi Cicero
Helgc Thor¢5¢n Pawhc
Holly Checney
Holly Wells
HoneA Brew
Horx¢ Bu¢kenham
Howard Corrigan
Hugh liibbs
lain Hinks
Jane Mckenzie
Jjnet Gardner
Jared Ilrown
Ja¥min¢ SumeTay
Jenny Allau'ay
Jenny Crai'en
JessicA Hellicar
Je&sica M¢mich¢n
Je55icu N'orman
Il'hilc
GAry CokLY
Gary tkvine
Gllry Gordon
Cjary Kcllcr
(IW Morris
Gen¢vi¢ve c￿w*Y
Geoff Collins
George Bull
Geor¥e Ince
(ieoryie Bcll
Gerry Amdor
Giorgio Bar¥iani
Grgeme tknnis
Graeme Sirnchan
t)uncan l.ees
r)uncan MaLfarlane
l)>lan TiLrnan
L.dward D¢m¢ry
Edward Dove
Edward Wallis
Jillian Drujon
Jo Cain
Jo ThOrn￿n
Joanna L(Kke
l•n Cwnmin8S
lan tkmpster
F.dwina F.ddleston
F.dwina WaLi(
EilcL'n ljieyiy
Elena Peirov
lan Mclaren
lan RobiThi
lan
1rnr￿ ChLXMlhury
lo•nni8 ￿m]en1d18
Ivan Villegas
JCOSimpy
J Croft
Joey Medrington
joh￿ F.k¢lun
John Ilarrcti
John Casson MW
Eleonore Moreau
Elisa Dc Cjcnnaro
John Davy
John Ryan
John Smiih
F.IiTabcth Cook
F.￿nUCLe F.ulcrni
Graham Hol
(irant (iord(?n
John StraLhan
Emily Oncill
L.mmll lknris
Grant H&ll¢y
GTeg Sw4rtz
Gr¢Rory Corri%aft
Greig Ilowiii
Greig Swbles
Cluy Andcryon
Hannth Abd¢1-H￿l
H4mn&h lJau8h
H￿nah Conon
Jak¢ scoit-m&￿m
John Worontschak
J•mes BTomige
James D81'y
Jam¢s Flemin8
James Hearn
Jamu H￿ntin￿On
James Malone
j￿￿¢S Mcgeown
James Paiion
Jonothan AlnMJnd
EJnm8 Gr¢aihc
Jonathan Daysh
Jonjthan Lee
Jonathan May
Jonathan Owen
Jonathan Smalles
Jordan Kemp
Joseph Kobert5
J05hu8 Mcdonald
Joshua NichTrlctt5
Tiimman
F.Inma W¢51
F.nn) Palmicri
Erica Ikni
Lve Kelly
Iwdn Murray
Fairfux Ilall
Hannah Eakins
James Porteous
Feabha Hoarc
Hannah F.dward5-Nicol
Hannah Sharp
Harold Porter
Jarncs S
Felicity Johnson
FLI)nd Walk
Jarn￿ Youn
Julian Dyer
Juli¥n Dycr
Julian Row¢tt
Julian Tw'Dii¢s
Julie Gubbins
Julie Sheppard
Justin How'ard.Sneyd MW
Jamic tk)rrancc
Jancis Robin%
Jane Crdnston
Janc Gaffey
Jane GeoTge
Jane Maste
lor&gy
FTanki¢ Cos%ro%'c
FTascr camp￿17
G Nightingale
Harri¢l Rob¢rts
IlaTri¢t YounR
Ilarry Bennell
Whiiehouse
Hayley Das'inson

THF. DRINl¥.S TRI,'ST (formtrfv 'THF. M'IYE AYD SPIRIT TRADF.S' BF.NEI'OI.F.*T.50CIF.TY'I
{C.omp#ni" limlted hi. %u*rMDtee)
I,IST nF INDII'IDI',11. DONOILS (cf&nt'd}
Tr'OK-I'IIL YE..IR LP*DED 31SI' DLCLIIiIER 20211
JILStin Miller
ren Silver
Karl FTeedman
Karolina Piwowar¥k#
Kui Houn>ell
Kale Sw"cei
Klliherinc Ilounsell
Kaiherine Jacobs
Lily Dyer
Linsey Liddle
Liz Fleming
Max Williams
Mel Lang
Melania Bellesini
Michxl Byn
MiLh8¢1 Dylan Edwards
Michael Jackam
Michael Redm&n
Michael SauThkrs
Nicola Mos5
Nicola Sn?iih
Nicol&$ 7alin5ki
Nicole Kendall
Nidal Ramini
Nigel AndLrson
Nonc Emily Sinclair
Nonhem Monk
Loris Clmtyo
Louise Anderson
Louise Farquhar
Louise Vaux
Loui5¢ W￿1
Columb
Katie Fi5h¢r
Kaly Ru8man
K¥iih ThalLhLY
K¢iih Wri￿h1
KLlly Chamt*
Kcnion Price
Kevin Chinn
KLvin Mcchan
Micha¢l Taylor
Michxl w￿s¢
MichcllL Brampion
Mich¢lle (iauthmi
Oliver Brn¢k
Oliv¢r Siirling
Olivcr Thompsort
Olivia Ryan
Ollie Jone
Oun41 Bailey
PAEMair
Prdila Ti¢h
Lucy MurLU*
Luke (iolding
Luke Ilarri$
Lydia Russell
LyTrn Hendry
Madclyn M¢lau8hlin
Mich¢ll¢ Lo
Miguel Smith
Mike 0Shea
Mik¢ Scabrwk
KLvin SILVLn%on
Kei'in Wdlker
Kieran Ilammond
MilLS Bcdlc
P#triLia Orr
PairiLk trr&nco
Pairick Mcxraih
Paul Anthony Champfte88
Paul Bolton
Paul Builcr
M#ggie Campbell
Marc Pendlebury
Marc Renouf
Molly Kane
Molly Lawson
MorRan Davi¢s
Mukcsh Kcjriwal
Nathlia Kurkowsk#
Kirxien Macle
Kirsty WhÈte
Kri% lirimc%
Mar¢o ArIn￿lIa
Mdryarct (iilbcrt
M¥r¥arita Michael
Maria L¢n¢&slre
Kri%hna Mvih4
Kul%'tr Sroy
Kyle Gib50n
Laura Clay
Laura Jew¢ll MW
Paul Davie$
P8uI Joncs
Natali¢ Elin¢
M¥4rilena Bithine
Nathan Boyes
Nathan La51
Paul Let￿reA
Murk Buckenham
Paul Richard5
Mark Champion
Mark Dai'cnrA)rt
Mark Ih)u¥L*s Williams(
NayJn Gowd•
NelM)jw Kuile*ic
Neil tk)nachie
Neil MaLpherS00
Neil Walker
Nscholas B¢
Nichola5 R(xTrm
P8uI S0￿cTrI]nO
l.aurn Richarils
Laurn ViLkLr
Lauren Marshall
Lauren Omond
Laurence Coombe
Paul Vamcy
P8ulinc Lylc-smith
Penny C'orbe
Pther En%lish
Pder Franz
Martin Gamman
Maihew. Aikinso
Lec Cjrecnhalgh
Lee Rdnd¥ll
Mathildc Khalcf
Pclcr Grcct
Matilda Manl¢ll
NicholLs Williamson
Peter Ky*l
Pelcr RiLhard
Lci¥h Andcrson
Leon Millcr
Mutt Sykc5
Matth¢w Gauni
Nick Elkin
Nick J¢nncr
P¢ter Winile
L¢31ey JesSOP
Lewis Ellioii
Liam S¢andTett
Lily D¢ Fran¢a
Mgtthew Glenn
Matthew St￿Cer
Matthew. Walker
MauT¢en Kaunda
Nick Lwnard
Nick Rod8.ers
Nicola Beart
Nicola Farley
Philip Comer
Philip Gandy
Philip Goodband MW
Philip Nickson

THF. DRINl¥.S TRI,'ST (formerfv 'THF. W'INF. A%D SPIRIT TRADF.S' BF.NEI'OI.F.YT.50CIF.TY')
{C.omp#ni" limited hi. %w#rrtntee)
I,IST nF INDII'IDI',11. DONOILS (cf&nt'd}
Tr'OK-I'IIL YE..IR LP*DED 31SI' DECE.IIBLR 20211
Philippp Mortimer
Pietro Giubelli
Pip Mortiiner
Priyanka PoTecha
Professor Kaihleen But*
R1( chcl Cudmon
R1( Lh¢l CriiLhley
Ralph Child
Rati Vadher
Rayvaihi Kalzano
RclK'LLa Bainbcrg¢r
R¢becca Dixon
R(Kl Dia5
Rohii Dayama
Rrry Dale
Simon Hore
Simon IAWSOII
Simon March
Tom Foxwell
Tony Hogan
Tony Mair
Trish S¢urficld
Usamn Swfi
Vanesla Maiolo
Verily Milns
Victor Lanson
Ro>ie LutT
Rosie ShLYidan
Ross Ilryani
Ross Campbdl
Ro&s Ker51ak¢
Rup¢rt Pritch¢tt
Ru%scll Kirkham
Sir ￿[ge Bull
Sly Augusiin
Solene Tailland
Soncha Whinak
Sonia Eli
Sophie John51on
Sophic PaILr￿n
Si¢ph¢n 4A(yuld
Slep￿￿ Porker
S*phcn Tife
Steve Ascough
Stc¥en Mi1¢8
Victoria Anderso
Victoria St¢phcns-ClaTkxon
Victoria TimbLTlake
Ruth Spivey
Ryan Mockie
RyJn Mckay
Ryan Morgan
Sakci Triv￿1
VirbTinia Nowak
ViloT Kono
Warrcn Adam50n
Wei Sui
Will ()bricn
Rc1￿¢¢4 Siev¢n$
Re7,a Sharifi
Rhy4 IiiNKIc
Sam Ayhw'otth
Sam Dagger
Sam Gil&ni
Siuan Ayrc
Sue Will
Supriya Goyal
sU￿n Mcdomld
Willidm Cdry
William Flolt
William Lay
William 0￿Y
Willium Pale
William Scih-smkth
RiLhurd Ejdldw'in
RiLhard BampfiLld
Richard Ilrown
SAMH
Richard CaJ¢m¢ni
RiLhdrd Li)Ic¥
Sam Johnson
Sam Sandb￿h
Sam Wi150n
Suunne Tail
SUTIC sn￿[1
Riihdrd Li)vcrdalc
Tahid Ahmed
William ShcLd
Itiihllrd I1￿mill0n
Samantha C'4pJm
Samantha Crcer
Tamara Lawson
William Sfflith
Rich8rd Rcnw'ick
T•nish• L4tty
Tanya Thornbcr
Tanyn-Lcigh Ki￿Y
TI￿n&* Arn)%trong
Ttr￿n￿￿ Pahey
Thomas Guignard
Thomas Siewgn
Tiffany PYAII
Tim Iladham
Tim Beck
Willi¢ Lcbu
Richard SJinuels
Samuel Pa8e
Sandra SJnger
Sarah Bui¢hcr
Sarah Fe8ihcNone
Sarah Secombes
Saryajeei SAranR
Satyajeei Suan%
Scott Levrr
Yannick Bu8nolo
Yik Ning FAlith Lai
Ri¥hard Siddle
Riihard Wcai'er
Ktsb Wilii)n
Robbie Ru¥man
Robert CArn]ichael
Robert Forr¢st
RDkrt Hurriwn
R(?bcrt IlaywJrd
Rokrt Rulls
Seamus Btrt
Tim (iray
Tim Milford
Robert Will¢y
Robin Mcmillan
Robin Punion
Robin WoTren.Adamsc
Robyn Simn
Sean Reilly
Sharon Bilel
Sheila Flamilton Andrews
Shil Paiel
Simon Berry
Tim Shaw
Toby lanson
Tom Canry
Tom Cokill

THF. DRINl¥.S TRI,'ST Iformrrh THE W'INE AND SPIRIT TRADF.S' BF.%EI'OI.EYT SOCIF.TY')
{C•mp#ni" Ilmiitd bi. %u*rant¢e
TRUSTF.F.S' RF.PORT
YEAR ENDED 31ST DECEIIBER 21120
Thc TnL%tc¢¥ prc¥cnl their annual rqx)rt togcthcr with th¢ auditcd fina￿la] 4talcm¢nts for ihc y¢ar cndcd 31 %t Dcccmber
?0211. The￿ havc prepared under th¢ provisions of StstcnThl of Rccommcndcd Practicc for C'haritic% l%l)RP
?01 Y). Thc finanLial %talcmcnts comply with all statutory rcquiwmcnts and ihc rcquiremenL% of th¢ churily % gul'ernin
documcnt.
AND AD￿11￿1.￿-I.KA.rll'L DL'I'AILS
CUNS'I'II'UTI()
Th¢ ¢hariiy Lhang¢d 11$ narne to The Drinks Tntst on 10 MaT¢h 2020.
The Drinks Trust Iformerly 'The Vi'lne and Spirit Tr￿ts. Benevolerti knieiy'l is a company liimitcd by 8uardJilc¢ and a
re¥istered Lharity ¥oi'erned by its Memor￿￿1￿M and articl¢li of abs￿.1a110n. Th¢ Trusl¢¢& of th¢ Lharitabl¢ Lonip4my ar¢
Iso the direL'iors fur the purpjses of company law.
ME￿111￿￿5 OTr BO,IRD OF 'I'RL'SI'kES AND PRINCIPAL OTrTr"ICERS
The lollowing m¢mb¢rs s¢rvryl on th¢ Bo•rd baw¢¢n l jartu￿ 2020 th¢ thi¢ thes¢ o¢counis were si8rt¢d..
N.P. Bark¢r
M.E. Brdrnplon Ir¢siAtt¢d 19 Feb 20201
T. Chrisi¢ns¢n
S. DiftvTd
E.C. t)0￿.¢
A. IlawL
G. Lftwr¥nr¢
J.A. RJckhom
A.L. Rlyd
P.S. Row'an
M.P. SaurKl¢rs
A. Smith
T. Yu%¢fire5ign¢d 31 tk¢¢mber 2019)
McmhLY4 of Board are electcd b) the Iloard. At each Aftrtu￿ Genml Mceting the nearest number to one third reiire #nd
dfL Llibyiblc l(?r rc-clcclion. Thc McTnbcrs of tknrd to rctirc cach ycar arc thovz who havc bccn lon¥c5t in vifice ¥incc
thcir I￿1 clcction.
'hair
dr
T. Lhrist¢nscn
Chainnan 2020 & 2021
Hunvr
A.Smiih
C'hdir ot- In￿.
E.(. Dovc
nt Commi
ChLLfExecuiive and Com
R.L'drier

THF. DRINl¥.S TRI,'ST {formrrfv 'THF. M"INF. A￿"D SPIRIT TRADF.S' BF.liEN'OI.F.NT SOCIF.TY')
{C•mp#ni" limiled bi. xu*r#ni¢e)
TRUSTF.F.S' RF.PORT (¢oTrtlnued)
YEAR ENDED 31ST DECETrIBER 21120
REFERENC E AND AD￿1151.*1TRAT1￿'E DETAILS (Continued
REC:14>TERED ()FFICE:
39. 45 Berrn￿ Strcei
London
SEI 3XF
AUDII'ORS:
HaysmaLintyre LLP
L'hartered Accountants
10 Queen Str¢d Pla¢¢
London
EC4R IAG
S>OLICII'ORS:
Ltt Bolton Mottk¢r-Willi*ms
l The Sanctuary
Wcstminsier
London
SWIPJJT
INI.EST￿IEyT ADI'ISORS:
Cr¢dil Suisse IUKI Limiied
Fiv¢ Cabot Squore
London
E144QR
C()MPANI' RF.C.ISTERED NUIIBER:
CII,IRITI' liI,'IIBF.R:
2783340
1023376
ITRLCTURL. GUI'ERIAYCE AYD MA￿AGLI1￿￿T
The principal structure and re￿Ing lines for the charity are shown below:
Tru4tcc¥ ar¢ or havc bccn scnioT CXCCUtIVC5 cmploycd in ihc Drinks Ind￿￿ or have bccn ap￿intCd for ihcir cxpcrtiK.
Any ncw dprrt?inlcc¥ arc fully bricfcd on thc aim4 and objcrti￿cs of Thc Drink% Tr￿¥t Ilornicrly ThL Ilcnci'i)Icnll and
rcccivc int(?rmalii)n and trainin￿ if rcquircd as lo thcir rC5￿n￿1bIll11cs as a Truslcc. Thc knrd thILYminL￿ thc gLThLTal
IILY l)I'Thc. Drink.% Tru%t Itormerly The Ben¢vol¢ntl. The day to day manage￿￿nt of th¢ charity is del¢baied to the Chief
Ex¢cuiiv¢. The Currently compnses 12 mmbm inclwliDg the Chair and rne¢ts four lim¢$ per year.
Thc kcy man¥￿￿ment of ihL LILarily Lomprisc thc (Thkcf ExcLuli%'c. thc ()pcraiions man￿￿L￿. Ihc Wclf4wc Munagcr und the
MarkclinB dnd LommuniLaliuns Managcr and thc Evcnls. Manaucr. Rcmuneralion fvr all is scl by ihc Tru51cL￿ whcn
Lollsidcring dTMI ¥grcLing thc annual bud¥el. CorLsideraiion 15 ￿ke￿ of publi%hcd bcnchmarkin¥ salary sur%'LryS suLh lor
thc sector.
10

THF. DRINl¥.S TRI,'ST {formrrfv 'THF. M"INF. A￿"D SPIRIT TRADF.S' BF.NEN'OI.ENT SOCIF.TY')
IComp*n¥ limited b!" Ru*r4ntee
TRUSTF.F.S' RF.PORT (¢on¢lnued)
YEAR ENDED 31ST DECEIIBER 21120
.%TRLCTURE. C:(>I'ERYAYCE AYD ￿lA￿A(:E%lEliT Ic0Drfn￿tdl
Intern*l Control
Th¢ sysl¢ms of tnl¢rnul iontrol aT¢ dtsigned ty wovid¢ Tcasonthk. but not ab501ule. ￿uranCe ¥gainsl m&leri¥l
missliil¢m¢nt or 1055. Th¢y inLlude'.
An onnual budgei appro%'ed by the Tru51ces
RLI ILW circii141iion of Mana8emeni Accounts ￿ All TrU￿e¢S four limes w year
A re&iew ofihe remunerhiion of all starrduring the review p￿￿esS by all Trusiees
Regulw consid¢r41ion by the tkwd of financial r¢sult& varianc¢ fTom l￿d￿¢￿. nO￿-fInanCial ￿forni￿nce
indLLaiots and r¢vi¢ws.
DL.ILgoiii)n of auihoriiy. includin8 ￿elfare p•ymenl& and se8re8ation of duli¢s
Idcniificaiion and mana8emcni of risks
C)RIC:Ili, UBJECTII'ES PRINCIPLE AII¥IS OF CH,IRITV
The objectives of the CTharity. which *as fom*d in 1886. a5 d¢fiTwI in Ihe Memornndum of As%Kiation. ar¢ io as51$t
Mem￿￿6 of thc Alcohol Dn"nk8 Trrths INI all Mcillary or8an1￿11Oft5 instituiion5 in the Uniied Kin8dom,
.hi) are in nccd in particular..
By birnntinby fcBular rnonthly to all¢Via￿ financial harthhip
By making i)n¢vl)fi"granL* or payrwii$ ¢0 hclp oddrcv suffcring or crixs
Ely pn)I'iding Cmoiional or pmiical for i&¥u¢s of well￿ing or hardbhip
By prvvidin¥ io the reaidents of the hLMnes that the charily used ￿ uwn &tMI n
PraLIiL#I. emvliundl and linthncidl ¥%sisianLe is ¥ifven to anyone in the drinks tr*le who is currently employcd. ur ha4 ken
LmplvyLNL Jthd hai'e dcri1'L￿ their irtcome prinLplly frum the alcoholic itrinks" busine5% #nd *.hv n￿'Ll thc LriiLTiJ lor
The Trusiee) confimi thai hve complied wilh the thiry in Secti￿ 17 of the Chariiies Aci 2011 io have due re¥ard 10
the public benefit ¥uld#￿e publis1￿d by the Chariiy Commission in deienninin8 the Aciiviiies llrtder￿ken by the C'h41rtty.
OBJEcfivES & A￿l￿.ITIEs
The Drinks Tnisi Ifomierly The Benevoknil. •ain8 benevoleni ori8ins. cffliinues to meth its obieciives by way
of bupporf in iht fomi of re¥ular Charithble donati￿S and one-oIT8rants and proi'idin¥ ￿lI110nal emotional and prd¢iiLal
buppon io ￿nerilLar1es.
The objethives of The Drinks Trust Ifornxyly The Benevoleni) are ￿ follows..
Fln*ncl*l
The Chariiy aims io have a ￿1￿Ced bud8et ai the same lime *s increasin8 ils welfare Brants in line wilh budBd. All
rea5 of c051 will be examined and kept wiihin bud8ei. providing the s10ndards of care and supp￿ are jeopardised.
Quanerly management rwns will be subiea h) close considemion by the Chief Execuiive and ihe Tntsiees.

THF. DRINl¥.S TRI,'ST {formrrfv 'THF. M"INF. A￿"D SPIRIT TRADF.S' BF.NEN'OI.ENT SOCIETY,)
{C•mp#ni" limiled bi. %￿1￿￿1¢t
TRUSTF.F.S' RF.PORT (¢on¢lnued)
YEAR ENDED 31ST DECETrIBER 21120
I)BJECYIN'E*> & ACTITr'ITIES (contimued
Weif*r¢
Thc obj¢ctive of Thc Drinks TnLrf Iformerly Th¢ Benevolentl is to i￿[¢2$¢ the nwnbcr of bcn¢fi¢iari¢s by acliv¢ly
5eekin¥ lo find those in need are eli¥ible fof SUPlX)rt. This is achieved by a Susthined awareness-r¥Lsinu c¥Jnpai¥n
Londuiled wiihin the UK drinks industy. The planned b￿lse1 for welfare Wdnl& should be Lvnsidered Js the mÈnifflum
mount tu be gi%'en by The Ihinks TnLSt (formerly The Benevolentl and the budget will not ￿ Lonsidered a restrainl 011
wellare. pr￿￿iding The Drinks TTh￿1 Ifonn¢rly Th¢ Ben¢voi¢ntl is abl¢ io affiKd io Incr¢￿ lh¢ l¢v¢l of welfllre from its
r¢s¢rv¢s. if rM)t trom rurr¢nl t￿0￿.
In putsuinB its objeeiives the charity's aeliviiies fall In￿ three main areas:
Dir¢ct CharitAbl¢ a¢iivilio.. th¢se c(￿51￿ of followin8=
81 One off grnnts or ￿(￿11¢ finJnci#l wis1￿.
bi WLlllk'inB provision by w*y of ¢M￿lon81. prn¢ii¢al. and ¢ourt5ellin8 É¢rvi¢es and an ¢m¢rgen¢y
h¢lpli
Fundraising
Go%irnanr¢ Activities
Prow5s in th¢K orAs for 2020 is rep)rt¢d b¢low with ￿leY8n¢ finwKid infomution in the Finanoial Siat¢m¢nt pages.
DIRECT CHARITABLE Acfii'iTIES
In tot41 ih¢ chyrity providcd fina￿1￿1 to over 3.597 bcncfi¢i•ri¢s in 2020. Th¢ c4s¢s of finjnciil 5uppori are
lld(Icd to by wwy of ¢moiionJl sUPP)rt. prJdical hclp. courwlling scTr'ices. slccp and insoillnia tT¢?tin¢nl. miiidful
drinking courses and thc helplin¢. Th¢ tturnb¢r of ￿nefICiarIeS acr055 all Yrvic¢s has Ihercforo 8ro%'n lo 4.583
anLI cases of SUp￿rt grown rapidly in th¢ pnryious 12 mwths du¢ to COVID19 d¢ma￿l and Ihc th¢ SCO￿ of support
offe￿d i￿rE&s1n8.
Within the tolal linancial 5UPPQrt offere& li the wmpleti(m of 2020. The Drink5 Trust had awarded a lotal of 2.598
vanous C()VIDI 9 ¥rdnts.
ReKul*r thArlt*ble weir*￿ Rr#thts to btnellel*rles Il%lttff lth tbelr
The ￿￿7] numbcr of monihlv grnnts gi&en during the year was 3fAI a55uming a regular granl paid rffl a monthly b&815 one
grani. The 5thndard le%cl of grani £78 w month i￿1 in somc S￿¢1￿1 Circumsthr￿cs a higher ￿an¢ gii'cn.
All new ￿￿rI¢lane5 are contjcted by the local Welfore Team befoTe J grant is m*k. This cnwre¥ eligibility for the ¢h8Tity
￿.¢11 ¢he¢king income and ex￿ndit￿le and the for fInar￿141 &K$14￿c. Conw a￿1 in.ho￿$¢ re￿"1¢￿ are muilc on
regular imsis ¢0 ensure Contin￿1 help is required.
12

THF. DRINl¥.S TRI,'ST Iformrrtv 'THE M"I)F. AND SPIRIT TRADF.S' BF.liEN'OI.F.NT SOCIETY,)
{C•mp#ni" limiled bi. xu*r#ni¢e)
TRUSTF.F.S' RF.PORT (¢on¢lnued)
YEAR ENDED 31ST DECEIIBER 21120
DIRECT CHARITABLE ACTII'ITIES IcoDtlnutdl
l)ne-off weif*re %nnt5 for the Purcha￿ of goods or th¢ provlshn of support
t)uring th¢ yrdr 26X (mc-off ¥rants' w¢r¢ aN￿0V•1 reWv￿tIng a total eX￿ndIt￿￿ of £l10,8fJO.58. A pNwrtLon ot" thi
muunl ¥Jent on mubility ahds or IK)use &laoivrL% required beeause of serivus illnes& disability ur old ¥ge. There
remained the reyuiar requests. for howelM)Id appl￿ furniture aThl IKxne rqAirs. Requests for help with funernl co￿% still
exislLxI but emer¥enLy to help with fIn￿KIal crisis were signifieantly hiBl*r-
Lnquiries for the alM)ie Lorne via trade referral& word of TM)uth. Tr Drinks Trll￿ (formerly The Bentyrolenil website and
thirs Loin¢ thruubh oryni&aiiorLS SULh SSAFA. Royal Briiith L¢giorL LitiLLYL4 Ad￿1￿ Ilurra￿ and rnJny oth¢r 14K
41byenLies and Lhariiies. In some L&sts where lar8er amounts of help ￿¥t I￿ert required this Lharity has worked with oilitt
Lharilies. in partiiullw. the Wine Tra¢k STX)rts Club FoundaiiorL the LTC and Elospitality Aclion. to pro%'ide what is
required. The Dnnks Tr￿st Iforn)erly The Benevolenil is able ￿ resNMKI quickly and lo take ¥LLouiiI of the S￿LIf1c ly￿ of
help. whi¢h is ¢OA4hd¢r¢d most kE4wnat¢ ￿ltig The Drtnks Trud'x Iforn*rfy Tr Il¢n¢vol¢ntl W¢lfar¢ Guid¢lin¢s.
The pro¥151tsn of pr*ttk*l #nd emrflo**l iupport io thole lth neod
In 2020 The Dn'nks TrLLSt iw¢4s¢d the my of welll*ing servitts pn>vKled to ¢wr¢ni Whd p&st ¢mploy¢¢5 of th¢
drinks and ho%pitalily indusiry wlK> in n¢¢d orp￿11¢81 and ¢M￿lon￿l supwrt. Tr5¢ n¢w 5¢Thi¢¢5 includcd lh¢ d¢lii'LYy
ran UExlal¢d h¢1pl1￿ 1¢¢ from Swtwm. which pro%'id¢s ?4 IK)ur a day in th¢ mon*nt ¢molional and p￿lICal suprrfyrt.
¢ouns111in¥ 5mic¢ from thc onlin¢ wo¥id¢r tk Julian. otY¢rinB th¢rJpy srnsions. J rnindful drinkinB ¢our5¢ from
lub StKla artd a sleep insomnia tr¢otsnthi ryogr#m from SI¢¢p4aliM.
Fln*nrlxl Wel￿brIn¥ 511PPOrt ts r¢dd¢nts
Wc Conlinuc to sup￿1 the provi5i(¥J of life-line ¥n¥n8cm¢nts in y)m¢ ofttK twnpl(Trw5 in E￿IK)urne ￿ w¢ll J5 coniinuirtg
with Welfa￿ gr￿15 and othu on-going suwM)rt ￿ all our ex-ruidents.
Addltlon*l Chrlitm*s c.lft Telei'lslDts Ilremttj
In 2020 a iothl of 359 people benefined from an gth1iiion•l chuitsble Chrimmas donaiion of £78 each. aside from some
L'XLLPIiLbntil LirLumstsnces where A l*r8er 8rAni was appft)ved. Television Licenses were purchased on behalf of 68
benefici&ries.
'lslts from M'elfare Offlterj
Following ihe outbreak of the COVID19 pandemic. home visits were no Ion8er possible. The Drinks Tn￿1 will look
io develop a new serwice for home visits l*trr in 2021.
FUNDRAISING
Fundrai5in8 refer¥ to nll revenue wThiin8 ￿}¥111¢& No incon* is rcceived from Governm￿1 or Stste fiuth. Almost all
rundrdising and voluntsry inc4)me is ￿e￿Ied thT0￿￿ the drinks indu5ry.
The ch&rity undertaes fundrai5in¥ xttvity. in line Nyth the FwMlrnisin8 Code of Practice 5th by Fundrdising Regulaior.
to iLs 4upporter5 %ia dircct mail. tclephonc. fiJndrai5ing efvents. spn40r￿ e%'cnL4. gala dinner5 and is in linc N'iih our
F.mail Markciing. Fundraising th)nations and Lega¢y Plcdgtr. which #p￿ on our w'ebsite to rea￿￿U[C 5UPPOrters of our
upproach. Wc have wliric¥ in place regarding iwlncrable ￿pIC aThl treattng thnoT5 fairly. We hai'c re¢ciYed no
complaints dw"Ing the ytrar regarding our fillmlraising xtiVity12019.. Nill.
Wc continuc to rECCii'C Ycry IM￿rtant fiuMLs thrtHJgh coT￿e Indi%rydua] Ikjnatsons. tktalls of thoy SUp￿)rtc￿￿ a
.￿h0￿M on pagc4 4 to A. Tl*se donations inc￿&￿rd 5ignificantty rn 2020. with Co[￿)[alC n*mbcTthip and donatson rn'cnue
inLJr&%in¥ by £84?.0413 to £1.176.71 %. Ar&th"iiw¥ally. The Dn"nk% TA￿ re¢eii'ed LYFrw)rntc Ik)na¢ivrt% in sUp￿rt of CC)VID19
relu￿￿] of £639.632 and doMiiLMS in of welltting services of £%5.5112. [ThJi￿AU81 1X)natio￿% i￿re￿£d by
£1 I J02 to £47.7914.
13

THF. DRINl¥.S TRI,'ST Iformrrfv 'THF. M"I)F. A￿"D SPIRIT TRADF.S' BF.NEN'OI.ENT SOCIF.TY')
{C•mp#ni" limiled bi. xu*r#ni¢e)
TRUSTF.F.S' RF.PORT (¢on¢lnued)
YEAR E)TDED 31ST DECEIIBER 2020
FU%4DRAISINI: (continued
As. a result of the COVID19 p8rtdemie ortly evetti able io thke Pl￿ in 2020. The Benevokni Ball. The eveni raised
iotsl of £37.786.
Th¢ Vinth¢rs' Wine Trnk Lw*h is IMx%trd ONI fvuy furMl¢d by the VintrKrs' C(xw)ffjy with 811 ￿￿eedS ¢omirtg to The
Dn'nks Trust Iforn*rly The Bertevolenii. The regiooal asso¢iitiorns of th¢ WSTA Ilso ¢ontinued ￿ 6UPIKlrt The Drinks
'I'rust.
GOVER￿A￿CE ACTII'ITIES
McmbCr￿hiP of Ihe Board is rc%'i¢wcd by ihe Nominati￿5 ComTnilt¥Y lo cnsure cimtinuity and oppropriJt¢ levcl of
cxpertise. Board m¢mbership and succe*siDn plan$ for future Chairmen and TTUSte¢s a]$0 regularly r¢%'i¢wed.
AC.HIF.VF.MF.NTS A%D PF.RFORIIAYCF.
Thc Drinks Tru41 wa% abl¢ lo ￿￿¢¢￿￿[u]IY Incr¢&￿ Mcm1￿￿h1P arml ¢owatc w¥¢nucs signiticanily in 21)?O. and this
dL%PLIL Ihc dccrL'&4C in inlcrn¥l fundr¥ising revcttucs from clcnts. which wcrc nol ablc to thk¢ plaL¢. Addiliunally. Th¢
l)rink¥ Trus1 ublc lo siBnifLcuntly incrcase th¢ numbcr ofb¢neficidrics it was ablc lo hclp.
FII%AI%CIAL REI'IE
A 8urpliis of L436.110 on unremrieted funds was re￿ed at year end. This was panly hitri1￿led 10 the 8ain8 in the capiial
I'lllue of lh¢ ini'e5tmLni ]x)rtfolio of £1 13.620 afyj th¢ charity's aclual unrestrirt¢d nJ O￿Tatin¥ surplus before 8ain5 W'IS
L322.440. In&¢sim¢nis p¢rfomkd in lin¢ w'iih ¢xp¢¢lalions during th¢ y¢ar. Larg¢ falls tn lh¢ valu¢ of in&¢stments w¢re
nol¢d ¢aTly in th¢ y¢¥r ¢nd du¢ io th¢ ¢ffwts of lh¢ COVID19 P&rMkmi¢ but th¢￿ r¢coi'¢r¢d b¢for¢ th¢ y¢ar ¢nd. Income
incrra5¢d significuntly from l949.￿17 in 2019 to £2.401.(h14 in 2020 85 8 rcsult of a 5L¥nifi¢anT uplift in corw)nLie
donniions in 2020. Ex￿ndi¢v￿ i￿r¢￿sed froffl £1.257.4?6 in 2019 to £?.054.9¥9 du¢ TO In¢￿a￿d l¢v¢l of grnnt5
pro&idcd mairtl). related lo COVIDI 9. Thc charity d¢lii'crcd a surplus of £34().055 bcfore 8ain5. whil4t simuliancou%ly
rcducing its overdcpcndcnc¢ on inv(*ment drawdowms of p￿viouS yur5. Th¢ charity r¢coBni*s that such co￿￿1¢
donlltions will likfly deCrCa￿ irt 20? l atNI th¢ surplus d¢ll&¢r￿ in 2020 will ￿ alloca1￿ to d¢livcring its charitsblc
llcli%'ilics in 20?1 to assist in rnanaBing th¢ rontinud d¢mand fnjm b¢n¢ficiariu. Inv￿lm¢nI inconic in 2020
174.257 ¥nd w¢ would simil¥r amount in 2021.
Princip•l Riskj
Thc Board thc major risk5 ￿ which th¢ Charity is exp)xd. and tly ar¢:
LO￿ of Revenue: a deci5iott by UK drinks e4)mpaniex kn tern11n￿e or xignifieantly lower iheir annual Lvrwr¥te
partnL Thhip dvnatiun5. To mili¥¥lc this. new scrviccs ha￿e bccn intr(wJuccd. in lo *idcn ihc brLadih of busincs5 who
would I(￿k io make Liirwralc dunations to il. These will bc asKesxed acr0%5 2020 and 2(121 lo c%thblish impaLt.
Datrd Laplurc and usc: the charily laLk&' infonnalion and data to outcomes of iniliativcs. boih lundrdisinu und
giving. New systcrns are to Intr￿lUC¢d to aulomalc data gJthcrin8 and ¢arcfully mea5urc oulcomc5. by tlic cnd 2021
the ch¥rity will hai'e Llrdrer &'isibility of IM)th fundrdi%ing arml ¥rdnt ¥ivin8 dethils.
C'larity of ubjcclives: irt order 10 deliyer ekar obiertives. priorilies or plan5, 8 full strdieBy review wL$ undertaken in
?019. and k¢y priorilics clurly ¢5tablish¢d. Ncw Servic￿ IKing intr(Klu0￿ a¢ross 20?0 and 2021 and as5¢ssm¢nts
r takc up undertaken at the end of each yw to establish what impact new 5er¥ices have had on I￿nefIcIa￿e% and
lundrdisins.
C'()VID19.. There rtmains coniinued uncertainly in the UK drinks Sttior lo the immediatL' ￿1￿ lon¥.ieTTn effLLI of
C'()VID I g. The charily has cca￿d all dra￿'th)￿lL% froTn ils intrcstmcnts and dc¥pilc the dcprcciation vf the fund the
charity has u vcry slTong balancc 5hect wilh large invvitmcnt and cash balancvi. Si¥nificanl have bccn iknnatcd in
the yw lo Junc 2020 ¥nd carclul ￿£S￿￿￿1 vf wnts is being in OTdcr io deliver maximurn and atlvrdable impaLt.
14

THF. DRINl¥.S TRI,'ST {formf rh THE W'INE AND SPIRIT TRADF.S' BF.liEN'OI.F.NT SOCIF.TY')
IComp*n¥ 1Smited KuAr*n¢ee)
TRUSTF.F.S' RF.PORT (¢on¢lnued)
YEAR ENDED 31ST DECEIIBER 21120
Reserves Pollry
Th¢ L"harity's principal a¢tivity is the ￿0visIoN of Welfa￿ wpw)rt for wnncded with th¢ drinks and a￿l[lary
trad¢￿ and provision of monihly and onc-OtT ¢harithl¢ granLs to ihos¢ in n¢¢d. Th¢ incoin¢ ¥¢nLrdlLd friTrm
invL'.%tmenL% 1% a ￿.1￿1 Loniinuing of incomc. and also pro%'id¢h' wm¢ long¢r-t¢rn? Kyurity in th¢ rno%t cxtrein¢ ¢u
that fundrJisin¥ may ce¥se or be dramatically rtduLed. The investment FM)rtfolio is treated as part ofihe 8entr¥l fund. and
in extreme situation uf no fundraisin￿ being wssible. these resffV¢S would b¢ used to allow the charily to continue its
bli¥aliuns to ils ￿ntrILlar1es until such fundraisin￿ is resurncd.
lii%'en Ihe TXTrSiti&e mornenlum of a￿arents5 and help to lh¢ eharity. ¢XiSiing and new drinks Companies in ihe UK
dgfL*ln￿ lo supp)rt thi ¢harity with kmnual donalion& a￿1 thc high regard in which lh¢ charity is h¢ld. lh¢ rilks of ihc
charity ex￿rIenC1￿B SI8ttLfie&nily r¢dueed itheom¢ from futhisin8 in the n¢*r fulure. 1$ stsied klKTr%'e. is re¥trded as low.
At 31" December 2020 unrestrici¢d f￿￿5 amount¢d 10 £5.767.458 of which £5.301.891 is r¢pr¢seni¢d by lh¢ investment
rtfolio £3.185 by IAnBible fjxed assets.. As th¢ inv¢sim¢nl Bsscls ar¢ held 10 proNid¢ a re¥ular incom¢ for ih¢
C-liJrily. lh¢ irnsltts wnsider that th¢ Charity's fr¢¢ r¢sm'¢s ar¢ th¢r¢for¢ £462.382. Th¢ charity ¢urr¢nily r¢r¢iv¢s
5i¥nificdni Loniribulion to 115 working capiial from lh¢ ithve51meni prtfolio. Given the 1055e5 lrtcurrcd wilh the
inve51ineni ￿￿(￿110 in 2018 and a8ain in early 2020 a r¢5uIi of COVID19. Ihe Truslces ha%e (ca￿d w'iihdrdwals
in ?021 and in lighi of this intend io r¢vi¢w th¢ r¢s¢rv¢s p)li¢y of th¢ charity Ln 20?1 and set a l&rgei for frce rescThes
80inB forward5 as d¢fined thv¢.
Colng Con¢¢rth
Th¢ Tru51¢¢5 hav¢ 4$5¢xs¢d the prin¢ipal risks WMI rom1u￿￿1 • svitable r¢5¢rY¢s Nyli¢y 45 5t•i¢d abov¢. Th¢y ar¢
5all5f1￿ Ihal th¢ ¢haritabl¢ ¢ompAny hos od¢qual¢ r¢s(wrffs to coniinuc • going cottcem.
IN1'EST￿lENT POW'ER& POLICY AYD PERFOR%IAYCE
Per Ihc Memornndum ind Artic1¢5 of Aswciltion. th¢ Trn3t¢¢5 have the KM)w¢r tQ IllV¢5t the money of Thc t)n'nks Trust
Ilornierly Th¢ B¢ne￿.07CntI a% th¢y fit sybj¢ct to the wndilion5 rryylr￿ by law. Th¢ Trust¢￿ In¥￿t￿lent Acl 20
th¢refor¢ applies.
Th¢ Drinks Twst Iform¢rly Th¢ Benevolenll wse5 Credit Suiw IUKI as its investThKnt advisers and ha4 a¥rc¢d. in
wrilinby. an invc5trncnt pTrlicy w'ith Ihis adviscr. which stalcs thc limits and rc%1riction5 and in%'cstTncnl objcctiycs.
Thi% p(TrliLy is rcvicwcd on a rc¥ular ba51$ by thc Invcstmcnts C"ommittcc. AsSCts may bc invvDtcd in %tock%. %harc%. unils
in LollLXti%c invcslmcnt ￿he￿C5. (ioi'cmmcnt sccuritics. dcbcnturcs. loan 5t(xk$. IxTrnds bul nol oplion&. futurc% or
LonlrdLI.% for dit7cTcnLC%. No ini'cstmcnl is tKriiiittcd on an cxchan8c. which not bccn rccogniscd VT dc%iBn¥tcd by Lh¢
Sccurilics and Inv￿lmCnt B(w&s. without thc writlcn in4tnKtiOll5 of Thc Drink¥ TTU%t Iforncrly Thc Bcnc%'olcntl .
In a¥rttirtg the investment Obje￿1v￿ The Drinks Trnsl {fombtrly The Bcnevolertii hts *1 a thryei ￿ be ttchieved. as well
IhL balkLnLc bL'IwLcn L41Pltal and It￿￿mr. Thc mix bclwccn UK at%1 intcrnulional c4Uit> Lxpu%ufL has ulso bcen
dufLxd. ValuJtion5 of ihc invcstmcnl IM)rtfolio will bc carcfully monitorcd and will k ￿nI to Thc Drinks Trusl IformLrly
Thc BL'ncvvlcntl Lvcry 3 Tfminihs. Thc ￿fo￿nanLr of thc iii%'cs¢ments is mc&surcd a¥ainsl ihc ￿le&¥ni ￿.nLh￿)￿rkS and
ha5 becn broadly in line with thcse.
15

THF. DRINl¥.S TRI,'ST {fonnfrfTr THE W'INE AND SPIRIT TRADF.S' BF.NEN'OI.ENT SOCIF.TY')
{C•mp#ni" limiled bi. ￿￿*r*￿tte
TRUSTF.F.S' RF.PORT (¢on¢lnued)
YEAR ENDED 31ST DECEIIBER 21120
I:RA￿T P()LICY
ThL Willure (irdnl guidclin¢% w¢rc revici4.ed by ih¢ TnL%t¢u to ¢n%uw ¢l¢ar crit¢ria and clarity of purrK)%¢. Ncw
U1dL.lini￿ w'cr¢ J¢&(lor￿￿ and issucd in 2016 rdu¢in¥ th¢ Working t¢nure r¢quirryl from ￿teni￿al b¢nLfJ¢iari¢s in ihc
UK drinks trdde from 5 yt¥rs 10 2 years. or 2￿1￿* on a wn's working life if young.
In all Lases. the ¢ligibility of pro4*Ctive benef￿larI¢S is established in lir* with th¢ Arti¢l¢A of Associaiion. In many
ben¢ficiaries are uf FKnsionable age and arc in relircTr*nt. IM)w¢&er The Drinks Trust Ifonnerly The Ekne¥ulenll is
inLreasinyly h¢lpin¥ thox¢ within ¢urr¢nl wurkpla¢'¢ thai financial h¢lp w¢ll as prnctilul and ¢molional
suppon.
Poieniihl benefieiAries are coniaeied before a Tegular ehtritsbk donation is oifered io assess iheir nttds and eli¥ibilily. In
ddiiion. ben¢fJLiari¢s are normally Cont￿led at leasl once a y¢ar by th¢ Welfare Offic¢r5 lo ¢nsurc their cirLumslanLts
remain unchanged.
u'ruRE PLAYS
.4tr*te%y *nd Bthjltteiy Platt
Thc %lTalcbY TCVLCW prC￿ntcd in March of 20?0 was 5ucccssfully implcmcnlcd throu8houl ihc rc￿￿1nder ol- Ihc ￿me
ycar. All scl out in ihai documcnl wcrc achicvcd. cxcw for thc dn'clopmcnl of ihc chaTily s c%'cnl.¥ pr{Tr￿rum.
which cJnccllcd a rc4uli of thc pandcmic. A furthu uplat¢ strdlc¥y rci'icw dcli&crcd in Fcbrudry ?11?1.
whiLh %ct out bioal% to dclii'cr sm'icu and r¢5cnu￿ ovu th¢ volumv achic%'cd in 2019. alihoubyh low'cr than tIm￿'c of
?Q?11. Thi% 4lrdt¢gy ￿¢4)￿￿nI4¢% thc distinct ¢ircUrn$t2r￿¢s crcatd by th¢ C'()VID19 parKkmi¢ ¥nd Qui plan4 to bvn?w
thc ch¥Tity Ixyond ils ?019 pjsiliort and t￿lId ort the 11KTe￿ visibility MZMI support it rcceivcd in 7020.
.%ervle
A4 part of th¢ uplated ￿rategY revinv. Th¢ Drinks will I￿k to d¢liv¢r new scfviLts in 2020. Th¢se will includ¢
ki115 Und %'(Kdtional s¢f¥iLC% tur ihosc cxrKn¢nLin¥ finwyial hardship and divcrsity and in¢lusion scrvi¢v*. alrnL￿ Io
develop representhtLOrt iti the irtduslry.
Thc charity h&$ %ct out plan% to dclivcr rcvcnuu from fundTai%ing and donations bclo*' iho*< of ?020. t￿1 alx)i'c thp¥c of
?019. Thc Chariiy h&1 wlici¢4 in place Io PnACCt ¥uln¢rablc donors. No complain1& wcrc rttcii'¢d rclyiing 10 ihc
Charily i fundraising activities during thc year.
16

THE DRINKS ꢀRUSꢀ (formeꢁly 'ꢂHE WꢃNE AND SPꢃꢄꢅT ꢀRAꢆESꢇ BꢈNEVOLENT SOCꢉETYꢊ) ꢋꢌꢍmpanꢎ ꢏiꢐꢑted bꢒꢓ guaꢔantee) 

TRUSTꢈꢕSꢖ REPꢗRT ꢘcꢙntꢚꢛꢜꢝd) 

## ꢞEAR EꢟDꢈD 31ST DꢈꢌEMBER **2020** 

## **STATEMꢀNT OF TRUSTꢀꢀS' RESPOꢁSIBILꢂTIꢀS** 

**The ꢀrusteeꢁ aꢂe ꢃꢄsponsible fꢅr ꢆrꢇpariꢈg ꢉhꢇ aꢈꢈuaꢊ ꢃepoꢋꢌ aꢈd tꢍꢇ ꢎꢏꢈancꢐaꢊ statemꢇꢈꢑs iꢈ aꢒꢓorꢔaꢈꢒe witꢍ aꢆꢆꢊiꢒaꢕlꢇ** lꢠw ꢠꢡd ꢢꢣꢤulꢠꢥꢦoꢡs. 

ꢸꢠvꢯ ꢯꢹꢯꢳꢥꢯd ꢺꢻ ꢼꢢꢯꢩꢠꢢꢯ tꢽꢯ finꢠꢪꢳꢭꢠl ꢰtꢠtꢯꢨꢯꢡꢥꢰ ꢭn ꢠꢳꢳoꢮdꢾꢡꢳꢯ ꢿꢦtꢽ ꢶꢡꢦꢥꢯd ꣀꢦnꢤdoꢨ Gꢯnꢯꢮꢠꢹꢹy ꣁꢳꢳꢯꢼꢥꢯd ꣁꢳꢳoꣂntꢭnꢤ ꣃꢢꢠꢳꢥꢦꢳꢯ ꢘ꣄nꢭꢥꢯd ꣀꢭnꢤdoꢨ ꣁꢳꢳounꢥꢦnꢤ ꣅtꢠꢪdꢠꢢdꢰ ꢠꢪd ꢠpꢩlꢦꢳ꣆bꢹꢯ lꢠ꣇꣈꣉ ꣊ꢡdꢯꢮ ꢳoꢨꢼꢠny ꢹꢠw thꢯ ꣋ꢢ꣌ꢰtꢯ꣍ꢰ ꢨꣂꢰꢥ ꢡot ꢠppꢢo꣎ꢯ ꢥh꣍ ꣏nꢠnꢳꢦꢠꢹ ꢰꢥꢠꢥꢯꢨ꣍ꢡꢥꢰ unꢹꢯꢰꢰ ꢥꢽ꣍y ꢠꢢꢯ ꢰa꣐ꢦꢰ꣑꣒ꢯd ꢥꢷꢠꢥ ꢥꢷꢯy ꢤꢭv꣍ ꢠ tꢮ꣓ꢯ ꢠꢡd ꣔꣕ꢦꢢ ꣖ꢦꢯꢿ o꣗ ꢥh꣍ ꢰꢥꢠt꣍ o꣘ ꢠ꣙꣚ꢠꢭꢢꢰ o꣗ ꢥh꣍ ꢳhꢠꢮꢭtꢠbꢹ꣍ ꢳoꢨꢩꢠny ꢠnd o꣗꣛hꢯ ꢢꢯꢰult ꣘oꢮ ꣐ꢽꢠ꣐ yꢯꢠꢮ꣜ 

꣝n pꢮꢯꢩꢠꢮꢦnꢤ ꢥhꢯꢰꢯ ꣞ꢡꢠnꢳꢦꢠꢹ ꢰꢥꢠtꢯꢨꢯꢪtꢰ, tꢽꢯ ꢂꢢꢬꢰtꢯꢯꢰ ꢠꢢꢯ ꢮꢯ꣟꣠꣠ꢦꢢꢯd ꢥo: 

- ꢰꢯ꣡ꢯꢳꢥ ꢰ꣢ꢦtꢠblꢯ ꢠꢳꢳo꣣ꢡꢥꢦꢡꢤ poꢹꢦꢳꢦꢯꢰ ꢠꢡd ꢥꢷꢯn ꢠpꢼly thꢯ꣤ ꢳonꢰꢭꢰtꢯntly; 

- obꢰꢯꢢ꣖ꢯ thꢯ ꢨꢯꢥꢷodꢰ ꢠꢡd pꢮꢭꢡꢳꢭꢩꢹꢯ꣥ ꢭn ꢥhꢯ ꢧꢷꢠꢮꢭtꢭꢯꢰ S꣦꣧꣨꣩꣪ 

- ꢨꢠkꢯ jꣂdꢤꢨꢯꢡꢥꢰ ꢠꢪd ꢠꢳꢳoꢱnꢥꢭnꢤ ꢯꢰꢥꢦꢨꢠꢥꢯꢰ ꣐ꢽꢠ꣫ ꢠꢮꢯ ꢮꢯ꣬ꢰoꢪꢠblꢯ ꢠꢡd ꢼꢮ꣭dꢯꢪt꣪ 

- ꢼꢢ꣍ꢼꢠꢢ꣍ tꢷ꣍ ꣮꣯nꢠnꢳꢭꢠl ꢰꢥꢠꢥ꣍ꢨ꣍ꢡtꢰ on ꢥꢽ꣍ ꢤoꢦnꢤ ꢳonꢳ꣍ꢢ꣰꣱ bꢠꢰꢭꢰ ꣲꢪl꣍ꢰꢰ ꢭt ꢦꢰ ꢭnꢠpꢼꢢoꢼꢮꢭꢠꢥ꣍ ꢥo ꢼꢢ꣍ꢰuꢨ꣍ ꢥhꢠꢥ ꢥꢷ꣍ ꢳhꢠꢢꢭꢥꢠbꢹ꣍ **company wilꢀ cꢁꢂtꢃnue iꢂ bꢄsꢃꢅesꢆ.** 

ꢂhꢯ ꣳꢮꢱꢰꢥꢯꢯꢰ ꢠꢮꢯ ꢢꢫꢰꢼoꣴꣵꢰꢦblꢯ ꣶꣷꢮ ꣸ꢯꢯpꢭnꢤ ꢠdꢯ꣹꣢ꢠꢥꢯ ꢠꢳꢳo꣺nꢥꢦꢡꢤ ꢢꢯꢳoꢢdꢰ ꢥꢷꢠꢥ ꢠꢢꢯ ꢰ꣣꣘ꣻꢳꢦꢯnt to ꢰꢷow ꢠnd ꢯxꢼꢹꢠꢦꢡ thꢯ ꢳꢽꢠꢢꢭtꢠbl꣍ ꢳoꢨꢩꢠny꣼ꢰ tꢢꢠnꢰꢠꢳꢥꢦonꢰ ꢠnd dꢦꢰꢳ꣡oꢰꢯ ꣽꢭth ꢢ꣍ꢠꢰꣾnꢠbꢹꢯ ꢠꢳꢳuꢢꢠꢳy ꢠt ꢠny tꢭꢨꢯ ꢥꢽ꣍ ꣞nꢠꢡꢳꢦꢠꢹ ꢼoꢰꢦtꢭoꢪ oꢴ th꣍ ꢳꢽꢠꢢꢭtꢠbꢹ꣍ ꢳoꢨꢩꢠny ꢠnd ꣍ꢡꢠbl꣍ ꢭꢥ ꢥo ꢯnꢰꢱꢮ꣍ ꢥhꢠꢥ thꢯ finꢠꢪꢳꢭꢠꣿ ꢰꢥꢠꢥ꣍ꢨ꣍ꢪtꢰ ꢳoꢨpꢹy ꣇ꢭꢥꢽ ꢥh꣍ ꢧoꢨꢼꢠnꢭ꣍ꢰ ꣁꢳt **ꢃꢄꢄ6.** ꢂh꣍y ꢠꢁ꣍ ꢠlꢰo ꢮ꣍ꢰponꢰꢦbl꣍ ꤀ꢢ ꢰꢠ꣘꣍ꢤ꣭ꢠꢢdꢦnꢤ tꢽ꣍ ꢠꢰꢰ꣍ꢥꢰ oꢴ ꢥꢽ꣍ ꢳꢽꢠꢢꢭty ꤁nd h꣍ꢪꢳ꣍ ꤂ꣷꢢ tꢠkꢦnꢤ ꢮ꣍ꢠꢰoꢪꢠbl꣍ ꢰt꣍꤃ꢰ ꣶꣷꢮ tꢷ꣍ ꢼꢢ꣍꣎꣍ꢡꢥꢭon ꢠnd d꣍t꣍ꢳtꢭon oꢴ ꣘꤄ꢠud ꢠ꤅d oꢥꢷ꣍꤆ ꢦꢮꢢ꣍ꢤꣲ꣡ꢠꢢꢦꢥꢦ꣍ꢰ꤇ 

So ꤈꤉ꢢ ꢠꢰ ꣍ꢠꢳh o꣘ tꢷ꣍ ꤊꤋꤌꢰꢥ꣍꣍ꢰ ꢠꢮ꣍ ꢠꢿꢠꢮ꣍ ꢠt tꢽ꣍ tꢭꢨ꣍ ꢥh꣍ ꢢ꣍ꢼoꤍꤎ ꤏꤐ ꢠꢩpꢢoꤑ꣍dꤒ 

- **ꢇhere ꢃꢈ ꢂꢁ reꢉevaꢊt ꢋꢌdiꢍ ꢃꢅfꢁꢎꢏaꢇꢐoꢑ oꢒ wꢓꢃcꢓ ꢇꢔe cꢓarꢃꢕꢖ'ꢗ aꢌꢘꢃtꢁꢙꢆ aꢙe ꢌꢅaꢚaꢛe; aꢜꢘ** 

- ꤓ tꢽ꣍ ꢂꤔꤕꢰꢥ꣍ꢯꢰ ꢷꢠꤖ꣍ ta꣸ꢯn ꢠlꢹ ꢰꢥꢯꢼꢰ ꢥꢷꢠt thꢯy ouꢤꢽꢥ to ꤗꢠꤑꢯ ꢥꢠkꢯn to ꢨꢠ꣸꣍ tꢽ꣍ꢨꢰ꣍lꤖꢯꤘ ꢠꢿꢠꢢ꣍ oꢴ ꢠꢡy ꢢ꣍ꢹ꣍ꤙꢠꢪꢥ ꢠꢱdꢦt ꢦꤚꣶꣷꤛꤜꢠtꢭon ꢠnd ꢥo ꣍ꤝtꢠbꢹꢭꢰh ꢥhꢠꢥ th꣍ ꢠudꢭꢥoꢮꢰ ꢠꢢꢯ ꢠꤞꢠꢢꢯ oꤟ ꢥꤠꢠꢥ ꢦꢡꤡ꤆ꢨꢠꢥꢭoꢡꤢ 

## **SMALL COMPꢀNY EXꢁꢂꢃTIOꢄS** 

**Iꢖ ꢆrꢗpꢘꢃꢙꢈꢚ ꢛꢍꢜꢝ repꢞꢟ ꢉꢠꢗ ꢡꢙreꢢꢛꢞrꢝ ꢣavꢗ ꢛakꢗꢤ aꢡꢥꢘꢤtꢘꢦꢇ ꢞꢧ ꢨꢩꢘll ꢪꢫꢩꢆꢘꢈy ꢇxꢇmꢆꢬꢜꢞꢖꢝ.** 

## **AꢅDꢆꢇORS** 

ꤣ ꢮꢫꤘꤤluꢥꢭon ꢮ꣍ꢠꢩpoꢭnꢥꢭnꢤ ꤥꢠyꤦꢨꢠꢳꢦnꢥyꢮ꣍ ꤧꤨꤩ wꢭꢹl b꣍ pꢢopoꢰꤪd ꢠt th꣍ ꣁ꤫꤬ ꢭn ꢠꢳꢳoꢮd꤭ꢪꢳ꣍ ꢿꢦth S485 oꢴ ꢥꢽ꣍ ꤮oꢨpꢠꢡꢭ꣍ꢰ ꣁꢳꢥ **ꢈꢉꢄ6ꢊ** 

## **ꢋY ORDꢀR Oꢌ THE TRꢍSTEES** 


ꣁ꣉꤯ꢨꢦtꢽ 


................................T. Christensen 

ꤰꢠtꢯdꤱ .ꤲ꣜ꤳ꤇ꤴ.꣜꤇꤇ꢵꤴꤳꤴ.꣜꤇꤇ꤳ.ꤵꤴ.꤇ꢵꤳꤴꤶ 1st July **ꢎꢏꢎ1** 

꣧ꢯꢤꢦꢰꢥꢯꢮꢯd o꣘꣞ꢳꢯꤷ ꤸ9 - ꤹꤺ ꤻꢯꢢꢨondꢰꢯy Stꢮꢯꢯt ꤼoꢡdoꢡ Sꤽꤾ ꤿXF 

17 



IYDEPLYDLP*l' IIL'DII'ORS. REPOR'I. i'o'fHE .%ILIIBLR5 0
TIIL DRINK5 TRLST {formerh riiE M I%E.4%D SPIRIT TK4DES' BEIEI'OLENT SOCIETY'I
IC.omp*nv limilcd bTr guar*n¢tt)
Oplnlon
Il'¢ I￿1.¢ audiled the financi•l st4i¢ments of The Drinks T￿￿ Ifonnerly 'The Wine aml Spirit Tr￿¢$ Benevolenl'l for
Ihc y¢8r ¢nd¢d 31 [kY¢m￿r ?O?O which comprise ih¢ Siat¢m¢nt of Fin4mcio1 Acii%'1Tl￿. th¢ Bo14nce Sh¢¢i. Stai¢m¢nt of
%h FIov<S and notes io ihc financial sta1cmen￿ irKluding a summary of significoni xcounting polici¢s. Th¥ financial
r¢porting fram¢w'oTk that has l*¢n applied in their prqyardtion is applicable law. and Llniled Kingdom Accounting
Siandard%. in¢ludin8 Finan¢ial R¢w)rting Sthndard 102 The Finaii¢'ial Ri'i)orfiiig &andard opplicohle in the UK
R¢puhli£' n/ln.loiid (Uniied Kingdom GeneTally Accepted Accounting Praaicel.
In Dur opinion. the financial stst¢ment5'.
vivc a truc and fair vinv of the of thc chuitablc wmpny'5 affaiT5 as at 31 [kC¢m￿r 2020 ar¥1 of th¢
charilablc COTnpany 5 ncl mov¢m¢nl in fun&4, Ènclwling thc incomc and ex￿nditUre. for Ihc yeur Ihcn cndcd:
hai'¢ lyen properly pr￿￿r￿1 in Ow)rd￿¢¢ with United Kingth>m Genmlly Ac¢¢pt¢d A￿oUntIng Prncti¢e:
and
have been prepared in fKcordance with the requIren￿lts of the CompJnies Act 2CKkts.
B#515 for oplnlom
Wc conducicd Oilr audit Én accordancc with Intcrnational Standards on Audiling IUKI IISAs IUKII and arvlicahlc law.
()ur Tc%pon.%ihil1ti￿ und¢r ihosc %landard% furthcr d¢SCri￿ in th¢ AudÈtor's rc￿￿)n￿l￿l17tlc￿ for ihc uudit of thc
linancial $lJicmcnL% s¢clion of our rqxTrrt. Wc ￿ ind¢￿nd¢n1 of ihc charity in ¥cordaw¢ w'iih lh¢ cihical ￿qUIrCmcnLs
thol drc rcl¢vanl 10 ()ur audil of thc financial %tslcm¢nts in th¢ UK. including thc FR("% Eihi¢al Standard. and M'¢ havc
luifill¢d ()ur t)Ih¢r ¢ihi¢al r¢%TX)n$ibilttic% in acconlancc with thc4¢ rcquircm¢nl%. Wc bcli¢v¢ that ih¢ audit D'idcn¢¢ wc
hAV¢ ob￿Ined is surrici¢ni and apwri#t¢ to ￿0VIde & basis for our q)irtiM.
In audiling Ihc tinancial %ialLYncnts. wc havc concludcd that the tryste¢s' use of th¢ going Cott￿M basis of ac¢OUntin￿ i
th¢ prLTdfdiiun orth¢ finllncial slat¢mcnts is approprialc.
Based on the work we have wfomied. we have idetitified any maierial uncertiiniies relattrtg to ewenis or condilions
that. individually or ¢ollceiivcly. mky casi signifi¢8nt doubi ott lh¢ chan.thbk Cornwdny's ability lo continue as a ¥uing
cort¢¢rn for & p¢ri(xl of at least iw¢lve months fr(xn when the fuwKio1 sthtemettts are authtiria¢d for issue.
Our r¢%TX)n5ibilili¢s gnd the rtsryjnsibilities of the trnsie¢s with re4￿ 10 going ¢on¢em are dexcribed in the relevoni
s¢ciions of this report.
Olher Inform*tlDn
TIIL tru.¥tLY5 nr¢ r¢S￿nSible for th¢ oih¢r inf0m￿tion. The oiher inforniation ¢ompris¢s lh¢ infomiaiion in¢lud¢d in ihe
TnJ5t¢¢s R¢pirt. Our opinion on th¢ finllncial ￿al¢M¢n(S d(*s not oover th¢ oth¢r infommiion and. ¢xc¢pt lo th¢ ¢xt¢ni
oih¢rwis¢ ¢xpli¢iily stated in rep￿. we do exprtss ony fomi of •5surnn¢e uJn¢lusion ihereort.
In ¢onncciion w'ith our audii of ihe finart¢i*l sthi¢m¢nt& our re5KKynsibility L5 10 r¢ad Ihe oiher inforn)ation and. in doing
-50. considcr *hcther thc oiher infomiatioth is malcrially Ènronsislent wilh th¢ financial stlltcmcnt5 or our know'lcds¢
obtaiTr¢d in th¢ audit or oihcTWiS¢ ￿p￿aT5 to b¢ matcrially mi&s¢at￿. If w¢ id¢ntify such inat¢riul in¢onsist¢nci¢s or
llppar¢nl tnat¢rial mis%talcm¢nts. we arc rryulr￿ to d¢t¢rmin¢ w'h¢ih¢r lh¢￿ is J malcrial rnisstat¢Tncnt in lh¢ flnancial
5tal¢mcrhts or & mal¢r1￿1] tnisstat¢m¢nl of thc Oth￿ informalion. If, bascd on th¢ work we perform￿. w¢ conclude
thal thcrc is a matcrial mi&statemcnt of this Other infoTll￿tlQn. wr are requircd to re￿rt that fxt. Wc havc nothing to
rC￿rt in thi$ rcgard.
()pinionJ other m*tters preJcribed bv the Ari 2￿6
In our Dpinion. ba￿d thc work undertakcn in thc Cour￿ of th¢ audit..
Ihe inlormalii)n ¥iven in the TnL%le¢s' Re￿1 (which in¢orFKJratrs th¢ Dirfftors. ReEK)rt prepared for the
puryJose.% of cornpany law'l for the fina￿la1 year for which th¢ financial 5talem¢nt% are prepared 15 ¢on5Lsl¢nt
'ith the financidl %thtements: aTKI
the TTu%iee%' R¢tK)n Iwhi¢h inwryxyatrs the Directors. Rew)rt prepared fw the puryK)%es of wmpany lawl h&$
been Prepared in ac¢oTdan¢e with aNJli¢able legal requirements.
M8tters on are reqll1r￿ ID report bi. ¢xcepthiD
In the libiht of ihc knowledge und undcrstsnding of the &proup and Pl￿ent ¢h￿tsb1¢ company und ils cn%'in)nm¢nt
brained in the Lourse of th¢ awdi¢ M'e ha%"e not id¢ntifJd maiuidl mi￿SLI[¢m¢￿ts in th¢ Trus-t¢ts Rcwrt IM.hiLh
inLorpordtes thc DireLiors' RetM)rt).
18

1ryDF.PF.YDF.￿T AITDITQRS. RF.PnRT TO THF. NIF.NIBF.RS OF
THF. DRINl¥.S TRI,'ST Iformf rlTr 'THF. M'INF. ,IND SPIRIT TR,IDF.S' BF.%EN'OI.F.YT SOCIF.TY'I Itontlnued)
{Comp8nv IlmS¢ed bv %u*raniee>
We have nothing lo report in resp￿1 of the following rnattev5 in rela¢ion lo whi¢h ihe Companies Aci 2(KJ6 require5 U5 10
rctM)rt lo you if. in our opinion..
ailequate accounting record5 have noi been kq>¢ by the charitable company.. or
Ihe chariiable company financial siaiemenis are noi in a8reement with ihe accouniin8 records and renThs; or
LertAin ijisclosurts ofTrnsiees' remunerniion S￿lfIed by law are inade. or
w¢ have not r¢¢¢IV￿ all the inf0m￿li￿n and expl￿allOnS we rwuir¢ for our audit
Ihe Trusiees were enliiled to prepare the fina￿la1 5¢aiements in a¢conlan¢e with the small companies.
ime and lake advanth8e of the small compwiies. exemptions in preparing the Tntsiees. re￿rt and Irom the
requirement to prq￿￿ a stra*8ic rewL
Rt5ponslblllile5 of irnstee5 for the IIN#nel•l $i#¢ements
A% explained murc lully in the trw%tec4' reS￿)nSIbIlI11¢% stsiemcni srt out on pmgc 17. the iru.4lcc% IwlxTr arL' al>(? Ihe
dir￿1()rn i)r ihc Lhariiable wmpany for the pur￿5¢* of company lawl are res￿￿￿•b]e fur the preparaiiffl ol'ihc fIn￿(la]
sliilcmcntx and lor bein¥ ￿17%11￿ that they ￿1￿.¢ u Ift￿ and fair Yiew. and for such intem411 conirol ihc iru4ice8
dclcminL 14 llcL Th5ary ￿ elldblc ihc prepar￿lon of fin￿(la1 5th￿Ments that arc frL* from malcna] Mi&sta￿ent. whcihtt
duc lo Irllud or crror.
In prepfiring the finw)Lial the MIS￿¢$ ITC Tts{￿S1bLe for asye¥sing the charithble company'y ttbiliiy io
LtslliinuL gp(Trin¥ l￿n¢¢￿L dix1vs1n￿ 85 appIiLable. nutter5 rela￿j 10 ¥ving LLillLem using thL ¥uin&J LxillLLm bdSIS
vf aLL(Truniin¥ urtlL%% thL ¢nj5￿ either inierMI io liquida* the chan.thle compAny OT io C¢￿ operations, or have no
rL'ali%liL uIILrn4LIii'L bul IL) do w.
Audltfjr's r￿PonSIbIlI11¢S for iht audli of ihe fln*ncl*l slalemtTrls
l)ur objeiiiith lire lu ubiain reiiwll41ble Js>uranie aEK)ul *heih¢T the finarKial sthiements gs a whole gre free from
maiLYial mibsi4iemeni. whdher due 10 fraud iy error. I￿1 io issue an audiior's rewn ihai inLludes opinion.
Rethwnable assurunLe is a high le￿e1 of assurAnce. is noi 8 guaran￿ thai an lludii Londucied in acL4)rdanLe w'iih ISAS
IUKI ￿111 ulw#ys dL4eLi a m&iLrial missiaiemeni when li ex1￿￿. Mi5siaiemeni¥ can arise from fnlud or em)r and dre
LtsnsidLYLd mdlLrial if. indivmlually or in the a¥w¥aie. Ily Lould rea8onably be expecied io inlluence the economic
dLLisionb of U￿r% thken on ihc basis of ihese financial sthicmenis.
Irregulariiies, incliidin¥ fraud. Ore i￿￿nceS of nonacompliance wilh IAWS and regulaiions. We desi8n procedures in line
'iih thur rL'sponsibil1iiL￿. oullim￿ Otrx)￿C. 10 deicci ma￿181 missiaiemenis in rests￿¢1 of irregulariiies. includin¥ fruud. The
exieni io which our w￿lu[eS *re capble of de*ain8 irre8ulariiies. includinB fraud ts th￿Iled below:
Babcd on OUT undersianding of ihe chariiable company ihe environmenl in which it (ycraies. we idcnlificd ihai ihe
prinLipal ri%ks 1)r nonthcompliance wilh laws and regulaiions relaied 10 ¢he usc of reMri¢icd funds in accordance ￿'Ith tnis1
la￿. and compliance wilh emplojincni law. a￿1 we considered ihe exieni ￿ w'hich nonthcompliance mighi hal'c a InaiLTioI
LrrLLt on ihc financial Siaiemcnis. Il'e also Considered thosc laws and reBulaiions ihai have a direci impacl on ihe
prcparaiion of th¢ financial sta*ments s￿h as ihe Chariiy Act 2011 and the Comp￿1¢$ Act 2(K)6.
We c%"oluaied managemcni's inccniivcs and optx)nuniiies for frauduleni manipulaiion of ihc financial sthicnicn
lincluding Ihc risk of override of Conirolsl, and ddcrniin¢d thai ihe principal risks ￿ere related io ihe reco8niiion of
income from legocics nnd donations. Audii prrKedures pKrforn)ed by the en¥a8emeni team inclth..
In5PeCting minutes of Trusiees. meetings..
R¢i'i¢wing allwalions and di￿105Urrs reloting lo reslrided fwKis-
In%pcLlin¥ Ll)rrc.%rrfJndencc with r¢gulaim and tu au¢l)oriiies:
Di%cu4$ion$ *'ith managcmcnt includinB COn51deration of or suspeded in51aiices of nonthcomplillnce with law5
and rcgulalion and fiaud-
Evaluatlll8 managcm¢nl 5 controls designed lo prei'¢nt and det¢ct iTr¢gulariti¢s-
Ideniif)'ing and tcsiin8 journals. in panicular jLwrnal eniriL% ￿1th unusual accounr combin&tions. posiin85 by
unusulc l users or w'iih unubual descripiions:
ReviL￿'1ng valiiaiions of in¥esimenis: and
C ha1]Ln￿]n¥ ¥ssumplivns and juducmcnts made by man4tmeni in their Lyitical ￿countI1]g estimalcs. These rclatcd io
prcLidliun.
A further descripti￿ of our reswnsibililies for the audit of the fxnancial stsiemcnts is I￿aled on the Finuncial RqKTrrtin
LounLiI's website at.. wTrvw.frc.o
.uklaudil
ibiliti
.. This description forms part of our audiior's reTx)rt.
19

1NDF.PF.NDF.￿T AI.'DITQR.S' RF.PnRT TO THF. IIF.IIBF.RS nF
THF. DRINl¥.S TRI,'ST Iformrrh"'THE M'INE AND SPIRIT TRADF.S' BENEN'OI.ENT SOCIF.TY'I (tontlnued)
{Comp#ni" Ilmlted hi. %w#rnntee
U%e of D￿r report
Thi% re￿rt is made %(Jlely 10 th¢ ¢harithbl¢ ¢ompany's meTnbeTS. as a iM)dy. in ac¢ordance with Chapter 3 of Part 16 of the
C'LTrmpanic% ALt ?IMlh. ()ur aLKlil work has becn undcrtakcn 50 thal wc might %talc to thc charilablc company's mcmbcr
tho* rnalter% wc ar¢ rcquircd to slat¢ to th¢m in an Audiiof% reimjrt al￿ for no other puryjosc. To ihc lullc%l cxt¢nt
nnillLxI by law.. w¢ do nol acccpt or &%sumc re%p)nsibiliiy to anyonc othcr than ihc charilabl¢ Lompany and the
charitablc ¢ompany's mcmbm. L% a Ixmly. for our audii Work. for this r¢1￿. or for th¢ opinions w'c ha%,¢ f0rrnL￿.
Jeremy Ileard. Senior Sthtuiory Audilor.
'or and on behalf of Huysmacintyre LLP. Sthtuw Auditors
10 Quttn Strttt Plac¢
London
EC4R IAG
09 July 2021
20

THF. DRINl¥.S TRIIST {formerfv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.liEN'OI.F.ThT SOCIETY,)
IC.omp(Iny limited bj" guar4nt¢cl
STATE.￿l￿.plT OF FIYAYCIAI. ACTII'ITIES
FOR THE YEAR ENDED 31ST DECEhlBER 20211
UDrestrirted
fuDd5
Restricted
fundj
Total
202(1
Toial
21b19
Income and eThdowmenls frnm:
l)onalion% and IL¥IILle
l.'undr¥isinu aLlivilits in the charity
InLome from invcslmcnls
1.417.449
294.701
74.257
614.637
2.03?.O116
294.701
74.2.$7
503,774
356,100
IIY,133
1.7x6.407
614.637
2.401.044
IMg,007
xptndlithrt
Coil of gener*tln% fumdj
l.'undrdisinb'. I￿)nall0n5 and Bifis
l..Ur￿￿disjn￿.. Ai11%l1i¢s cosls
224.880
17,277
224.880
7,?77
2(M).663
159.530
Chirli*ble #etlvltles
Pru% ision of financial &ssislanc¢ to ihos¢
who worked in the drinks Ind￿lry
1.121.760
591.072
1.712.832
897.233
Tolgl ¢xpethdliur¢
.463.917
591.072
2.054.989
1257,426
N¢t inrom¢Jl¢xp¢nditur¢l brfore ￿1n• on
invc5tm¢nts
322.44)
23.565
346.055
308.4191
Y¢1 on I￿}¢5¢￿¢￿ts
113.620
113.620
743,422
YET MO%'EIIEliT IN FLND5
436.110
23.565
459.675
435.¢M)3
Funds brought forward at l January 2020
5.331.348
27.742
5.359.
4.924.087
FUliD** C,tRRIF.D FI)RWARD AT
.II%-I' DTr.C F.NIBTr.R 21J20
E5.767.458
£51.307
£5,8 IR.765
£5.359.(rxi
Thc statemertt of finanLial activilies inclth all *rtd losses rt¢O8rtiyed in the year.
All inLvme Hnd cxpcndilure derive from CL￿7nu1tt￿ ticlivities. Dcthi15 of comparaiive fi8urcs by fund arc disclosed in
14.
The rtoies on pages 24 10 35 forni part ofthese fmancial sts*meNts.
21

THF. DRINl¥.S TRI'ST Iformrrfv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.liEN'OI.F.NT SOCIF.TY'
COTrIPANI" NI."IIBF.R: 27833411
(Compani. Ilmlted hi. %u*rnntee)
B.ILANCE SHEET
ATJIST DEcE￿[B￿R 2020
2020
2019
ot¢
FIXED AlkSET
T¥n¥ible &45¢ti
Investments
3.185
5JOI.84)1
1,701
5.2tA).3
5J05.076
5.262.091
CURREI%T ASSETS
Debtors
C'ash al ￿nk
83.357
464.￿3
97.692
31.541
548.260
129 ?33
CRLDII'ORS: falllnl
due ￿1th1￿ ont Tre*r
134.571)
(322341
NET CURRENT ASSETS
513.689
96.999
NET ASSETS
£5.818.765
£5.359.090
Fu￿Ds
R¢slri¢l¢d funds
Unr¢5tridcd funds..
￿¢￿ra[
10
51.307
27.742
5.767.458
5.331.348
£5.818.765
£5.359.090
Thc note5 on pages 24 to 35 forni part of these rim￿111 st*temenix.
Thc tinancial %lalcmcnt$ wcrc approi'cd and authoriscd for issue by Thc Board of Tn￿lceS on .
dnd WLTC si8n¢d bL'low ￿ its ￿haIrby..
.l.st.Jllly . 2021
A. Smiih
T. Christensert
22

THF. DRINl¥.S TRI,'ST Iformrrtv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.NEN"OI.F.NT SOCIF.TY')
{C•mp#ni" limiitd b). %w*rant¢e
CASH FI.OM' sTATE.￿lF.￿T
FOR THE YEAR E￿DED JI DECE￿IBER 21120
2021
2019
C8sh IIDWS from oper•tlnR actlvliles
21K1.211
1397.327)
Cash now$ frtsm Investln# *eilvllles
Di1'idends inlertsi
PurLh&%e ul. propeny. p14th1 and equipnent
PurLh&%e of inveslmenls
PrtK¢¢(Is from ￿1¢ ot"inv¢stm¢nts
74.257
13.2251
12.330.608)
2.￿1.020
89.133
11.13O.366}
1.441.Y23
Nei c#Jh prnvlded btrllusedTr lth Investltht *etlwliks
4?2.044
41M).690
ChJn¥¢ in cash and Lash equi%'al¢nts in ihe rryM)rtin¥ EKri
C-ash and cash ¢qui%alenis ai lh¢ b¢ginnin¥ of ih¢ r¢iM)rtin8
712?55
145.314
3.363
141.951
CA5h and t*yh eq￿l￿aIt￿ls *1 ihe end tsf Ihe reptsrtlttR pErlod
£857.569
£145.314
NOTES TO TIIE CASFI FLO￿, STATEIIEYT
2(12D
2019
R¢tomclll*tlon of nei lthcome to thet ¢*sh flow from oper*tltt% *eth.lth#
NLI mL)I'LniLnl in fiitMl* for Ihe rcporting
tk"pmiaiion Lhar%¢s
IkYriL?4¢ in d¢bior5
In¢rcas¢lldccr¢'L 4¢) in uediloT5
Inle￿51 and divid¢nd%
LOW￿l￿a]n￿l on investhwnts
459.675
1.741
14.335
2.337
(74.?571
1113.6201
435.003
19.778
121.7341
189.1.131
1741.4221
Net ¢a$h provld¢d bvl(uvd) Its operitlJlR actlvltks
290.211
1397.3271
An*lvilJ of e*%h Amd e*ih equlv*lemti
C'a%h dt bank and in hand
C'a%h hcld wilh Inv¢sLmcnt Managemcnt
4fA.i)03
31.541
13.773
£857.569
145.314
23

THF. DRJNl¥.S TRI,'ST Iformrrfv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.%EN"OI.F.YT SOCIF.TY')
{C•mp#ni" limiled bi. xu*r#ni¢e)
NOTF.S TO THF. FINANCIAI. sTATE￿lF.￿T5
FOR THE YEAR ENDED 31ST DECEhlBER 20211
ACC()LliTIYI' P()LICIES
AtCOllDilnR
Th¢ fLnan¢ial qlat¢rnents have been w¢paT¢d in ￿OrdanCe wilh Accounting and R¢rMJrting by
C'harities= Sthtcrneni of Recommended PrdL'tice applicable io Lharilies prepariny their aLLounls in
aLLordanLe Wlth ihc Statement of Re£ommended Pra￿lce for Llharithes ISORP ?0191, Iht FintLnLial
Reportin¥ Standard applicable in the UK aThl Republic of Ireland IFRS I O?) and ilie L'omp¥nies Act
21MkJ. Within th¢ definili(ms of FRS 102. the chvithbl¢ company ill a public benefit eniity.
b)
Goln% Contern
The irusitts eortsider ther¢ ￿ no m**rial un¢thainii¢s abolli th¢ Chariiy's ability to eonlinue AS
801rt￿ Loncern.
As a r¢suli of the signifi¢•nt th8oing w*ertainty ¢reAied by COVID19. man8g¢ment of The Drinks
Trus1 IfomKrly Thc B¢ncvolcntl ha%.¢ providcd cvid¢nc¢ lo tn151¢¢5 to show thal lh¢ oharily coniinucs
¢0 b¢ ¥Ding concern in the f(meeabl¢ fvture. This has been evidenced thr(wgh the Sh￿￿8 of up to dote
Addilionally th¢ ¢horiiy hos a ¥'¢ry strong balance shed wilh investhKni and ¢Jsh b8lan¢e$.
Crltk*l the¢0￿￿15￿¥ Jud%tme*tJ #nd ullm#t¢s
In prwing th¢s¢ ¥cwunt& manag¢nKni h&% mmk jwlgmcnL& ¢stimat¢s assumptions thal aff¢
Ihc applicalion of ihr charity s accountin8 p)licie5 arml ihc rcwrted &55Ct5. liabilitlC5. incomc and
¢XPCTKiiturc and the disrk)5urts in the xrounts. Eslimatcs and jud8crncnls arc conlinually
¢)'alualcd arc bas¢d on hislorical cxpcricnce oiher fxlim. itirhKtinB ¢XPLftations of future
¢)'ents thal arc b¢ll¢V￿ to b¢ rwonabl¢ th¢ ¢irrUmSts￿.
d)
Unn'.¥irii'ied]undf
Thcsc fuTK15 comwise aceumulated 5urpluse5 and deficils on the General Fund. They are iNailable for
use #i Ihe di.¥Lreiion of the TnL¥l￿ in furtherance of The Dn"nk% TN4t'% IliinnLYly The BenLI'(?ILnii
8eneral chwitable objectives.
Re.ftrictedlund¥
These fwids are tho* funds subjeci to 4)eCIf￿ festricied eondiiion% imposed by the donors.
Ineome
lttcome is recognised when the charity has eniiilenmii io the fund& ￿Y pttfornillnce cojmliiions
gttached io ihe iiemlsl of income have been nK li is probable thai the income will be received 8nd the
mouni be me&4ured reliably.
Ikpnuliwij. ¥i[ts' unddunulivns kind
Donations and gifts are included in full in the wi(Ml ID wbKh iw are received. Donaiions in kind are
valued Ai the estim￿ed markd Yalue of the transaciion.
Grunls
Granis are included in the peri(MJ in which lh￿ are receivable. unless ilw rela* to a specific future
peri(xl in which case they are deferTd grants arc (m a rcicii.able kni5
24

THF. DRJNl¥.S TRI,'ST Iformrrfv 'THE W'IliE AYD SPIRIT TRADF.S' BF.liEN'OI.F.NT SOCIF.TY')
{C•mp#ni" limiitd bi. %u*rant¢e
NOTF.S TO THF. FI￿ANcIAl. sTATF.￿lF.I￿Ts
FOR THE YEAR E￿DED JIST DECEhlBER 20211
ACC()L NTIYI. P()LIC IE¢> lcont1m￿edl
Inlfftmeni Income *Dd Imv¢Jtmenti
Invtslment ineome is *courtted for as il acenits. Inve￿men1$ are aequired in acconlthce with the
wers a￿aIlable to the Trustees. Ini'eslrnenis show'n ai markel vajue. Realised and UnTealis¢d
gains and losyes are included tn ihe Ststement of Financial Acli¥iIie￿.
81
Expettdltu
C-haritable expendiiure represents ihe Co￿5 of fundrAisin8. housing. welfare and suppvrl cusls. It
iriilude& staff costs which Are direcily attributhble io these actiiities. RcdundanLy and Icnninaliun cusL%
are aLcrued in the period in which th¢ decision is and communicaled io ihe affcited employ¢elsl.
Supp)rt costs ¢omryis¢ all 5ervice5 5uppl*d centr•lly. Identif￿ble &8 wholly tr mainly in sUP￿rt of
direci chariiabte ￿r￿j$c5 and I￿l￿de an appr(wiate wiwyrtion of general O￿.erheads.
Wh¢r¢ ¢os15 ¢onnoi b¢ dire¢ily ¥ttribui¢d ily h•v¢ b¢ett •110¢o*d io O¢1ivi¢i¢s ort th¢ b46l5 of the
estimat¢ ofih¢ time s￿)1 on the rel¢v•nt fun¢tithb.
C¢nir¥l Overhe￿15 ¥r¢ o11(Ka￿ io dirrt¢ ¢0sW siiiyin5 co￿5 •nd 8Trnts in iwo k¢y ¥re4s'. fundraising
and charitable xtii'ilics. Th¢ basis Df th¢ all￿allOn 15 lo ¢rtsurc thal ih¢ rosts wiihiTr adminislralion
relalcd to th¢ munag¢mcni of lh¢ Company'5 a5YIs. QlXrnli(Khal admin15tialion and compliance w'iih
¢OnStitytional ond ststutory r¢quir¢mciiis •r¢ 4)propriat¢ly ¥pN)rtI(￿cd wiihin ih¢s¢ ar¢J5.
Goveman¢¢ c0515 Jr¢ the Costs •sWCi•t¢d with ihe Bov¢mwnc¢ mngcmcnts ￿lating ￿ ihc gcncrnl
running of th¢ ¢harity. Incl￿11￿8 w5ts of slrJt¢gic planning for the longw t¢rm dcv¢lopmeni of lhe
charily. Thc%c ¢osts N>w i￿l￿d￿ in ¢hun"&bl¢ ¥livIti￿ in lim with SORP IFRS10?
h)
Grants are recoBnis¢d in the ￿￿unIS wh¢n awarded by the TTUStee5 notified to the rwipient5.
T*n%lble fixed #5sels *nd depre¢l*tlts#
Tangiblc fixcd statcd al cost.
Depreciktion is c*lcu]ated to wri* down the eoA of to their t￿lm￿led residual values over iheir
eX￿￿cd useful lives a5 follows'.-
Fixtures and fittin￿ equip[x￿1
Mutor VLhiclci
IT E4uipmcnt
- 2￿/4 on eost
- 2￿/0 on cost
- 33 /• on cost
Oper*iln8 le*
Owatin¥ le&4e rentsls are Char￿ io the Staiemeni of FIn￿la1 Adivilies ott a Strdight line b&sis ovtt
the ierni ofthe lease.
kl
Penslon eosts
The charithble company h&% arranged a defll￿d Contri￿110￿ pension scheme for its employtts.
Contribuiions are charged to the Stsiemeni of FinwKial Activities in the yeor they became payable.
25

THF. DRJNl¥.S TRI,'ST Iformf rh THE W'IIIE AYD SPIRIT TRADF.S' BF.%EN'OI.ENT SOCIF.TY')
{C•mp#ni" limiled bi. ￿￿*r*￿tte
NOTF.S TO THF. FINANCIAI. sTATE￿lF.￿T5
FOR THE YEAR E￿DED 31ST DECEIIIBER 20211
ACC()LliTIYI' P()LIC IE¢> lcont1m￿edl
FIDaD¢IAI IDslrumeDtJ
Thc Charity only has finawial 1sq¢ts and financial liabilities of a kind ihat qualify a4 bLsic fin¥ncial
instruments. tlasLL flnaneial instrumcnl& Including tsadt and oiher d¢btOTS and Lreditors are iniliHIIy
reeo¥nistd ai tran￿¢t10n valll¢ #nd sulwwitly Meas￿ ￿ th¢iT wilemeni value.
Debion
Dd>tors and othu dd>ior5 #re Tccognisal ai the %¢ttl¢m¢nt amount duc after any diyowil off¢rLMI.
Prepayments ar¢ valued ai lh¢ amouni prepid tt¢i or￿Y diseounts du¢.
Credllorj provlslotts
Cr￿1101% and provisions •re Twni5ed wlwe the Charity has 4 pre5enl obligalion r¢sultin¥ from a past
¢%eni Ihat will probably result in the trartsfer of fund5 10 g third party and ihe amount due lo seiile the
obligation can be measured ￿ ¢slim￿ed r¢liably. Crcditor5 and provisions ar¢ nomully rwo8nis¢d
thcir setilem¢ni amount allrf allowing for gny di5counls du¢.
26

THF. DRJNl¥.S TRI,'ST Iformrrlv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.%EI'OI.EYT SOCIF.TY')
{C•mp#ni" Ilmiitd bi. %u*rani¢e}
NOTF.S TO THF. FINANCIAI. STA TEME.￿Ts (coTrtlAued)
FOR THE YEAR E￿DED JIST DECEIIIBER 20211
GIL4NTS PAYABLE
202(1
2(J19
Beneficial grnnts paid to 36012019.. 3741 indi%'iduals
On¢ off.Idi%r¢lionary srnnts ￿ld to 14? 1 !019.. 3981 individuals
TV li¢¢n¢¢ ￿h¢M¢. Grnnts paid to 6312019.. 1501 indiyiduals
COVID19 grant% paid to ?.59812019.. Nil) irmli'iduuls
Oth¢r including Chri4trnaS S(KML$. ¢ouns¢lling and Iwl ￿vI
349.243
81.6311
9.745
635.632
l ?A.9XII
340.535
80.217
8.277
50.802
£1.2n5 ?46
£479.1131
Bcncficial granL4 paid to individuals to wovid¢ financial L45islznrx for gcnryal living ex￿. DI￿￿tiOnary
grnnls providcd for onc off 11cTh￿ 5wh thc pu￿h￿ of larg¢ I￿￿hOld ilcms and any un¢x￿¢tCd ¢xrKnsc.
ANAI.YSIS ()F TOTAI.
EXPF.NDITURE
Othtr
e05ti
2020
Total
2019
TDt*l
cost5
Depreclatlon
Cost DI ¥ener*tlnR futhdj
FundrJi%inu.' tknalions and gifts
FundrJisin¥.' Actii'ili¢s £05ts
Ch*rlf*ble expendliure:
Pn)Ni.%ion ol. linuniiul ￿l￿tance io
who workcd in Ihc drinks Itml￿1ry
12%.536
96.344
17.?77
?24.880
117.277
21MI.th63
15Y.5311
216.258
1.494.833
1.741
.712.832
897.233
Total
£344.794 £1.708.454
£1.74]
£2.054.989 £1.257.4?6
Dlreet
Support
Colts
2020
Toi*l
2019
Toi*l
Grnttii
Colt of gttt¢rntltsg
FundraisinK.' tknaiions and ￿111$
FuNdraisin%.' Aciii itie5 COsIs
Ch*rli*ble e%pendliure:
ProNision of finllncial a55lStaw¢ io
Ihos¢ who M'ork¢d in th¢ drinks Ithd￿
63.573
117277
161.307
224.880
117277
2￿.66.1
159.530
66.485
1205246
441.101
1.712.832
897.233
Tot#1
£247.335 £1.205.246
£602.408
£2.054.989 £1.257.4?6
27

THF. DRJNl¥.S TRI,'ST Iformrrlv 'THE W'IliE AND SPIRIT TRADF.S' BF.NEN'OI.F.YT SOCIF.TY')
{Comp#ni" limited bi. %u*rantee
NOTLS'fo i"HL TrIN,INCIAL sT,￿TE￿lE1￿Ts IcoTrthiued)
TrOK THE YLAR LNDLD JISI. DE(L￿lBER 20211
Ali.4LI'SIS OF TOTAL ExPE￿D1TuRE
l¢ontlnlledl
PrnTrlslDn of
￿￿1￿claI ¥551stgtt¢e
ID ib05e *ho
worked In drln
Ipdyslr).
for
i'oluntar
ID¢om¢
TolHI
202
TolAI
2019
S4ppurt Costs
Trnvel and subsiste￿¢
In5lLran¢¢
Mainl¢nanc¢. cl¢uning and r¢pai
Prinl. post, slationcry and Iclthonc
CJ¢n¢ral eX￿n￿5
ank chaT¥es interest
R¢nl and raiL
Salaries
R¢lief,'freelanc¢ stsff
Pmf¢*siTrnlll fee
Gov¢rnJnce costs
2.057
3.407
1.310
4.165
7.730
9.595
44.581
195.626
70.1117
81.105
20.70X
143
2.270
1.310
2.498
871
2.2
5.677
2.620
6.663
8.601
9.595
68,956
3(M.75X
7(J.It17
13.21M)
9.927
4.983
4.196
4.495
4.15
24.375
109.132
283.256
5.1.fi83
!9.393
20.708
41,416
441.101
£161J07
£60?.40X
£472 ?89
io•YrR4Rct co.fts
Audil
StalT¢ITr5ts and oth¢r ¢xpcrL￿s
()thcr profc&%ional fees
15.000
13,Ino
13.316
13.8(M)
11,11311
3.755
£41.416
£29.393
CO￿lp.￿R.￿TRI1'F. AYALYSIS OF TOTAL F.IPF.NDITI'RF. 2019
AN,11.1'514i ()F TUTAL
EXPF.Y DITL1RE
()Iher
2019
Totgl
2018
Total
cost5
DepreclJthb#
CoJt ol %ener*iinR
Fundrai%ing.' tk)nalioll% 41nd gifts
Fundriii%ing." Actii'ilie% costs
Chgrifgble eApendilure:
ProN'i$ion of financial Lssislaw¢ lo
who workcd in the drinks industy
115.680
84.983
159.530
21K).663
159.530
217.4(19
105.779
203.IM4
692.IK18
2.181
897.233
849.8(H
Tot#1
£318.724
£936.521
£2.181
£1257,426 £1.173.052
Dlre¢t
C05t
2019
Tol*l
20111
Total
1"0Sts
Coit of gtner*ilnR [￿nds
Fundrdi%in¥.' iATrndlitlll% dnd gifts
Fundrdi%in¥.' ALtii ilics LO5t5
Ch#rlfable expe￿dI1Urt.
ProNision ot-tinkLnLidl &%4islance lo
those who worktrj itt the dritiks ind￿ttY
51.459
159.530
21KI.663
159.530
217.469
105.779
94.317
479.831
323.085
897.233
849.804
Total
£305JLK>
£479.831
£472289
£1257.426 £1.173.052
28

THE DRINK.% TRUST IfonDert¥ 'THE W'II%E AYD SPIRIT TRADE.4' BENEI'OLEYT S()CIETY')
{C•mpanTr Ilmlled bv guarantee
NOTLS'IO I"HL TrINANCIAL STATE￿IL￿Ts IcoTrrfMued
FOR THF. YF.AR F.NDF.D 31ST DF.cF.￿lftER 20211
ANAI.Y%l4¥ ()F T()TAL EXPENDITURE
tontinuedl
ProThision of
financial assist*D
lo ihose ￿h0
Worked In drlnks
Induslr).
F¥Trdrnls1Th1
for
'olunt*r
Income
Toi*l
201Y
Tot#1
20111
Support Co&ls
Tr¥v¢l and subsiSt¢rKe
InsurllnLe
Mainte￿nce. eleanin8 8Th1 r¢pai
Prinl. post and slxlion¢ry
Telephon¢ and fax
(ienerdl ¢XFKnse
Bank iharxLS and inter
Rcni lind rai¢s
SDliirics
Profts5ional f¢¢s
Go¥¢m8nr¢ costs
11.565
5.743
2.567
2.021
1.635
4.184
2.416
1.213
361
2.132
132
9.927
4.983
3.?34
962
4.495
13.954
5.281
6.871
1.639
1.043
14.34(Tr
3.621
65.IKM)
2tIO.048
32.336
?8.933
2.363
4.156
40.625
185.1Ky3
53.683
14.698
•4.375
98.193
65.IXJO
283.?56
53.683
29,393
14.695
£323.085
£149.204
£472289
£45.1.072
GovrrRuRc¢ ro.fts
Audii
SiatTco51s and oth¢r expcn5es
her profwionol f¢¢s
13.800
1.1138
3.755
11.850
4.832
£29.393
£?8.933
EMPLOYEES AND TRLSTEES
2020
21119
All employees
wa￿¢S and 5alari¢5
Socilll security cos15
Pension coniribiitions
Tem)in&lion poym¢nt
21K>.518
?4.206
268.868
27.977
21.879
7.0
£344.794
£318.724
Avcrugc number of ¢mploytts".
Wclfarc acliNiti
SUp￿rt. Managcrn¢nt and administration
One ernploye¢ Teceived fEmuneralion tL*alling £f￿1.(M￿l or ffKJfr.
£80k - £90k
The key Tnan&¥emcnt pcr50nnel of thc clwity art the Chicf Exc£utivc 0￿1ccr and the Excculii'c Icam of 3 14 in
20191. A￿￿ale remuncrntiffi and bcncfit5 for the key rnanagemeni ￿nnel in 2020 wa5 £lfA).924 comparrd
£23? 214 in 2019.
29

THF. DRJNl¥.S TRI,'ST Iformrrtv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.NEN"OI.F.NT SOCIF.TY')
{Comp#ni" limited bi. %w*rantee
NOTLS'fo i"HL TrIN,INCIAL ST,￿TE￿lE14Ts IcontlTruedl
Tr'OK I'HE YEAR ENDED 31ST DECL,IIBER 20211
F.NIPI.OYF.FS AND TRUSTF.F.S
bl
Trustee5
No irnsl¢¢ r¢¢¢iv¢d r¢mun¢rdtion for s¢rni¢¢s provided thirinR the yeor.
No trnsi¢¢s rff¢i%'¢d r¢imburs¢d trai¢llinR ¢X￿n5¢S durin% th¢ yw12019.. £nill.
TotsLI of donatlOn5 giv¢n by Irust¢¢s in the y¢ar is £??.84012019.. £13.6501.
Th¢r¢ w¢r¢ no oth¢r r¢l&t¢d party lranwtio￿ durinR th¢ year l?019.. Nil).
I%ET ￿10%.EllIEYTs IY FLYDS
2112
2019
N¢1 rnovement in is st•1￿1 after ¢h•rging:
D¢prc¢iotion
Auditors rcmunerntion (net of VAT)
Property rent•l c05ts.' Value in Kind
1.741
12.5IM)
65.(KKI
2.181
11.S(K)
65.IMM)
TANC.IBI.F. FIXF.D AS.SF.TS
Flxturfs &
Flttln
Motor
I'ehicl
Total
Cost
Ai I 51 Jkinuary 2020
Addiiions
51.026
3,225
28.688
79.714
3.225
AI 31M tkcembcr 2020
54.251
28.688
82.939
Depreelitlon
Ai 151 Jllnuary 2020
CharKc for yeor
49.325
1.741
28.688
78.013
1.741
Ai 31 M December 2020
$1.(kn6
28.688
79.754
Ai .1 l %¢ t)eccmber ?020
£3.185
£3.185
AI 3 December 2019
£1.701
£1.701
FIXF.D ASSET IN1'EST￿IE￿rs
Total
21120
Tot#1
2019
Market vilu*tlon
At l 41 January 2020
Addilions
DI$￿).￿a]S
Nel gains
5.260.190
2.33n.t8OK
12.4n2.727)
13.62()
4.819.N
i. I io.-i(
1.4.1.1.2X¥I
74J.422
At 31￿ December 2020
£5.301.¥91
£5.?lrfl.J
Lo
£4.360.(KJ5
£4.530.J89
30

THF. DRJNl¥.S TRI,'ST Iformrrtv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.liEN"OI.F.NT SOCIF.TY')
{C•mp#ni" limiled bi. xu*r#ni¢e)
NOTF.S TO THF. FINANCIAI. sTATE.￿lF.1￿Ts IcoTht6oued)
FOR THE YEAR E￿DED JIST DECEIIIBER 20211
Total
21b2•
Total
201
Equili¢q and Unil TTUStq li%i¢d on UK St￿k Ex¢hange
Libied slIKk exchange
C&4h dewsiL4
2,01 h.?71
2.1192.954
392.066
2.354.46t*
2.792.151
13.773
£5.301.XI) I
£S.?tA).3
DEBTUILf>
21120
21119
Trad¢ d¥biorn
OihLY debiors
Prwyments ind a¢¢ru¢d irwme
60.938
42.050
924
54.7111
22.419
183.357
£Y7.692
CRF.DITORS: f#llln%
due Iwlthln one )'t*r
2020
2019
TTadc creditor5
Othcr creditor5
Tax and locial s￿￿rity
Accrua15 and deferred income
4.280
4.1)03
8.8x4
17,404
9.541
7.311
15.1x2
£34,571
£.1?.234
31

THF. DRJNl¥.S TRI,'ST Iformrrfv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.%EN'OI.ENT SOCIETY,)
{C•mp#ni" Ilmiitd bi. %u*rant¢e
NOTF.S TO THF. FINANCIAI. sTATE￿lF.￿Ts (coTrtloued)
FOR THE YEAR ENDED 31ST DECEIIIBER 20211
10. RE.¢>TRICTED FL ND
Al
At
31st December
21120
lttcom¢
Eipeodilure
Trnnsfert
2D20
Mike MaLken7.ie fund
Cvnn¢LI &5sis1 helplithe
and Vinlry fund
Minds malter
LOVIDIY Rclief
WLllbLinbTr and w¢lln
L&enls fiind
DI￿tr￿llY and In¢lusi
C'asc Relaled
12LN)
I1.2￿)
18.560
9.182
1.770
120.3301
13.¥4UI
(515.U¥51
5.342
515.085
85.582
150.6171
34.965
10.1
£27.742
£614.637
591.0721
£51.307
Al
Ai
3151 Deccmbcr
21119
Trnnsfe
2019
Mik¢ M¥k¢nti¢ fund
R¢b¢c¢a Sion¢ T￿alMent
fund
Conncc¢ a551* helpline
Minds m•n¢r
65
12.IrNI
(J.(thi
121.1791
39.739
20.687
18.560
9.182
£65
£67.470
£I39.7931
£?7,747
This fund is uscd kn supp)rt Mikc MackcrtTie.
This fund was uscd ￿ SUPKK)rt Rcb¢cca s￿n¢.* M￿1¢41 tsratm¢nt until h¢r &ath in Noycmbrr 2020.
Ciinni'i'f IL¥.%i.ii hi.Iplin&' re.firii'lc.dfunJ
Thr%c fund% rcprcxcnt monics rcccived towards the eost eonneth tssist helpline run by the charity. This w&% fully
utiliscd for this purw in thc year.
Mind.¥ motler reslriL'ledluRd
This ￿ran1 is fur thc cXcl￿41¥C purwsc of supixTrrtinB (irdntCC'5 aLti&itlCs lo run a ￿rvICeS uf mcnt4LI hcalth fLrs1 aid
Lour￿ ￿T0￿5 Liliei Within ihc UK that will bc availablc for bartCTMlcrs io attcnd complctely frcc ufLharyc. EdLh
course will be b￿ed in a dirfereni Lity in the UK io etLsure maximum exrA)sure across the UK bartendirtg
community. and there will be a e8pocity of I1￿) atiendees f￿ exh session.
Vinrn.
These funds represent morties receii'ed iow'ards the wM)ort ofthe residents ai the Vintsy home irt E&silx)urne. This
facilily was onLe om'ned by 'fhe Beneiolenl lprel'io￿S narne of Tr Drinks Trust) and subsequeni to its sale 'fhe
Drinks Trusl Coniirtues 10 supix)r1 residents wkn worked iti the thirtks" and I￿sp]i&ll(Y seLiors w.lio ￿ resideni
there. Support is bupplied by ￿'aY o( Lifelirte e￿￿enCY call sys*m grants. u(Ilily WL%. Chrislinas hainpers
aJMI ihe %ehicle thx on the Minib￿ for the home.
32

THF. DRJNl¥.S TRI,'ST Iformrrfv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.%EI'OI.EYT SOCIF.TY')
{C•mp#ni" limiled bi. xu*r#ni¢e)
NOTF.S TO THF. FI￿A￿cIAl. sTATE￿lF.￿Ts (coTrtlAued)
FOR THE YEAR ENDED 31ST DECEIIIBER 20211
10. RESTRICIED FU￿DI) Iconl.)
Co¥e-relaiedJund
Th¢ Ca￿ rclutcd fund r¢prwnts donations %￿lfIcallY ￿ &%sist indil'idual IKin¥ handled by Th¢ Dn'Thks
TruAt. ThL".ii ar¥ rnolt oft¢n high-¢O%t whcr¢ Indi&1th￿l￿ rcquirc cxpcrt s¢rvL￿s or cquipin¢nt. und ur¢ ullcn
facin¥ SI￿nifiL#n1 hurdship. mental htalih coneems or critical illness.
L'OVIDIY RelielFund
The L'OVIDI i) Relief Fund was up in 2020 10 d¢liv¢r (XLe4)tY grnnts of £250 to indiTr4'iduals in the drinks and
hospilality SLLlurs who had losl signifKant incom¢ as a r¢sult of th¢ paThlernic. These individuals were must uft¢n
madi r¥xlundkLni lo th¢ ¢10sur¢ of buhincss. or furlough. but on of an alr¢ady low s¥lary and may ha¥,¢ had
de￿denIS of hardship eoncerns.
lfrellKesy events.fund
The Vi'¢llness Event Fund w&5 d¢ve10￿d in 2020 to mana8¢ hll thTrnalions S￿lfICallY inlejided for Th¢ Drinks
Trust to Tun in EKrson or digitsl Icarning ¢v¢nts ¢o%¢ring w¢llking pwti¢¢s and s¢lf or starf iiiiprov¢m¢nl.
IVvlll>eing fiind
Th¢ Wcllbcing FUNI wos S¢t yp in 2020 to mwe nM)nies (knlied ￿ Cover the u>si ofihree of The Drinks Trusl'$
w¢llbLing s¢rvic¢5. They ar¢.. CounsellinB ￿1¢¢5 provid¢d by th¢ Dr Julian di¥ital coun5elling platfom. Mindful
DrinkiD¥ luilion Suppli￿ by Club Sodw and Sl¢¢p & In50mnia IT￿li￿¢ni froni Sl¢cpstalioo.
Thc D&1 Fund wa5 a150 5¢t up in 2020 tt> m•nw m•de with th¢ 5p¢¢ifio int¢niion of
delcloping B￿al¢r diversity in drinks •nd hospitality sc£tots.
33

THF. DRJNl¥.S TRI,'ST Iformrrfv 'THE W'IIIE AYD SPIRIT TRADF.S' BF.%EN"OI.F.NT SOCIETY,)
{C•mp#ni" limlitd bi. %u*rant¢e
NOTF.S TO THF. FINANCIAI. sTATE.￿lF.1￿Ts (con￿True￿)
FOR THE YEAR E￿DED JIST DECEhlBER 20211
ANALI'S1*i l)F liET Alk6iEVs BETh'EEN FUYD
Cxeneral
funds
Restrlcted
Fund%
Tot#1
Fundj
Tangible fixed assets
InwL%tmenls
Curreni &%%¢L¥
Curreni liabiliiics
3.185
5.301,891
496.953
134.571)
3.185
5.301.1191
54¥.•60
lJ4.5711
51.307
£5.767.45¥
£51.307
15.111¥.765
Compar*tlve *nalisls:
lleneral
Resirlcted
Tr und$
To¢al
Fund5
Tangible fixed assets
Invelimeni
Curreni 85sel
C'utTeni liabiliiies
1.701
5.260.3
101.41ai
132.234)
1.701
5.260.390
1 19.233
132.2341
27.742
£5.331.348
£27,742
£5.359.090
12. OPERATIliG LEASE COfvI%IITfvIEYTS
Thc ¢horily had iothl comminnents ai ihe Year￿nd under ow•lini leaseB
cxpirinx follows..
202
2019
Within l yur
2-5yea
1.817
3.887
922
486
1.1. PENSIOY co￿l￿11TMF.NTS
Th¢ ihdritshlc Lompany OTKrnt¢% a d¢fincd ¢ontributions TKfL¥ion s¢h¢m¢. Th¢ &*%cLs of th¢ iih¢m¢ I￿¢ h¢ld %¢pardl¢ly
Irom thi)ii of thc ¢hJriiabli company in an indqKn(l¢nily adminI￿ered fu￿1. Thc ￿nSIOn Cost ¢harK¢ rn'pr¢i¢n
¢ontribution% payable by the charity ￿ the fund amowiting to £?3.0701?019.. £21.879).

THF. DRJNl¥.S TRI,'ST IfonnfrfTr THE W'IIIE AYD SPIRIT TRADF.S' BF.%EN'OI.ENT SOCIF.TY')
{C•mp#ni" limiled bi. xu*r#niee)
NOTF.S TO THF. FINA￿cIAl. sTATF.￿lF.I￿Ts (coTrdTrued)
FOR THE YEAR ENDED 31ST DECEhlBER 20211
14. ACTII'ITIF.N BY FLIYD IN PREI'I()US I'F.AR
Activiiitr in boih unr¢stni*d aNI resth¢tryl lund5 for the p￿viO￿ ye4r follows...
UDrNtrided
rwDds
Restricted
funds
Tolal
2019
lttcome and emdowmemts frnm:
IA)naiions und ILgkLLies
Fundrdisinu aLII% Llits in th¢ ¢harily
IncoEllL from inv¢sim¢nL%
436.304
356.1(K)
119.133
67.470
503.774
356.1(M)
¥4).133
Tot*1 Ineome ettdowmenti
881.537
67.470
949.IK)7
Expendlturt ON
Cosl of %erttr#iln% fufftd5
Fu￿l￿diS1llm'. tyonalions and Aifts
FuNlraisinM'. ActLNitL¢5 oosls
2(Xl.663
159.530
200.663
159,530
Ch*rlt#ble *¢tlvltl
Pro% i%ioii ol- linaniial assis1￿¢¢ ¢0 those
who worf(¢d irt th¢ drinks industry
857.410
39.793
897.233
Tot*1 ¢xp¢ttdltth
1.217.633
39.793
1.257.426
Nc¢ expcNlilure bcfi)re 1105s¢sVgJin5 on
inve5th1ents
1336.0961
27.677
(308.4191
Yet %#ltssl{loJseJ) on Invutmen15
743.4?2
743.422
YET %IO%'F.%IENT Ili FUliDS
407.326
27.677
435.IX)3
FU￿L* brouBhi lorward at l January 2019
4.924.0?2
65
4.924,0117
FUYDS ('IlRRIF:D F()RW'ARD AT
314T DTr.CTr.IIBLR 21119
£5.331.348
£27.742
£5.359.IWO
35