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||||Page No.|
|---|---|---|---|
|Legal and Administrative||Information||
|Report ofthe Trustees|||2- 4|
|Independent<br>Examiner's||Report||
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Notes to the Financial|Statements||8-9|





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|Trustees|||The Worshipful|Company ofDistillers|
|---|---|---|---|---|
|Principal|Ad&lress||1 The Sanctuary||
||||London||
||||Swlp 3JT||
|Registered||Charity Number|1038763||
|Indepemlent||Examiner|Joanna Dyne FCA||
||||38Letty Green||
||||Hertford||
||||Hetts||
||||SG142NZ||
|Bankers|||C Hoare BcCo||
||||37Fleet Street||
||||London||
||||EC4P 4DQ||
|Investment|||Cazenove Capital||
||||12Moorgate||
||||London||
||||EC2R 6DA||





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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Fund|Fun&1|2020|2019|
|||||Note|||||
|Income|||||||||
|Fundraising<br>Activities|||||||||
|Charity Auction||||||60,080|60,080||
|Master's Cask|||||7,817||7,817|6,563|
|Carol Service|||||660||660|585|
|Spirits Tasting||||||||3,283|
|Master's Bike Ride||||||40,405|40,405||
||||||8,477|100,485|108,962|10,431|
|Donations<br>(Including||Gift Aid)|||45,438|39,601|85,039|54,507|
|Investment<br>income-|||||||||
|Dividends<br>and Interest|||||30,641||30,641|39,081|
|Total Income|||||84,556|140,086|224,642|104,019|
|Kxpeu&liture|||||||||
|Charitable<br>Activities:|||||||||
|Donations,<br>Grants|and||||||||
|Scholarships||||7|75,340|140,086|215,426|52,136|
|Sundry|||||978||978|1,845|
|Raising Funds:|||||||||
|Investment<br>Management|||Fees||2,483||2,483|2,545|
|Other Expenditure:|||||||||
|Legal Fees|||||2,400||2,400||
|Consultancy<br>Fees|||||3,570||3,570||
|Total Expenditure|||||84,771|140,086|224,857|56,526|
|Net (Expenditure)/Income|||Before||||||
|(Losses)/Gains<br>on Investmeuts|||||(215)||(215)|47,493|
|Net (Losses) on Investments|||||(141,416)||(141,416)|(3,500)|
|Net Movemcnt<br>in Fnnds|||||(141,631)||(141,631)|43,993|
|Total Fumls Brought|For&var&1||||1,117,736|25,000|1,142,736|1,098,743|
|Total Fnnds Carried Fonvard|||||976,105|f, 25,000|f. 1,001,105|f. 1,142,736|





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||||Note|2020|2019||
|---|---|---|---|---|---|---|
||||||8|8|
|Fixed Assets:|||||||
|Listed Investmcn(s||||951,619||1,036,837|
|Cash I.leld|for lnvcstmcnt|||7,671||48,021|
|||||959,290||1,084,858|
|Current Assets.'|||||||
|Debtors||||33,609|19,273||
|Cash at Bm&k||||48,611|38,605||
|||||82,220|57,878||
|Liabilities&|||||||
|C&u&tito&x -|Payable within one year||4|40,405|||
|Net Current||Assets||41,815||57,878|
|Net Assets||||61,001,105|61,143,736||
|Total Charity||Futuls|||||
|Unrestricted|Pund|||976,105||1,117,736|
|Restricted|Pun&I|||25,000||25,000|
|||||41,1101,105|i|1,142,736|






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||Investments|2020|2019|
|---|---|---|---|
||||g|
||UK Listed Investments|||
||Market Value at 1 November 2019|1,036,837|895,746|
||Additions<br>at Cost|56,364|144,591|
||Disposal at Canying<br>Value|(166)||
||Net Loss on Revaluation|(141,416)|(3,500)|
||Market Value at 31 October 2020|951,619|1,036,837|
|3.|Debtors|2020|2019|
|||g|g|
||Due from Distillers'<br>Company|7,817|3,283|
||Accrued Dividends|5,154|8,620|
||Tax Recoverable (Gift Aid)|9,969|7,370|
||Master's Bike Ride Pledged Donations|10,669||
|||33,609|19,273|
|4.|Creditors - Payable Within One Year|2020<br>g|2019<br>f|
||Grants and Donations<br>Pledged|||
||—Master's Bike Ride|40,405||



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|Donations, Grants and Scholarships||||2020|2019|
|---|---|---|---|---|---|
||||||g|
|a) To support education<br>within the trade, including|||the|||
|Macdonald<br>Buchauan Bursaries|an&1 other scholarships|||||
|Wine &.Spirit Education Trust||||4,500|4,500|
|He&lot-Watt/ICBD|||||2,500|
|Institute ofBrewing &Distilling||||2,250|1,750|
|||||6,750|8,750|
|h) To support alcohol related education,||especially||||
|targeted at young people||||||
|Alcohol Education Trust||||30,000|15,000|
|The Drinks T&ust||||110,080|7,500|
|New Philantlu opy Capital||||13,440||
|||||153,520|22,500|
|c) To support the Live&y and||||||
|City related charities||||||
|The Connection,<br>St Ma&tin in the|Fields||||2,500|
|Lord Mayor's Appeal for Onside 'Future'||Youth Zone||32,500|12,500|
|Lord Mayo&"s Appeal|||||3,636|
|Sheriffs' &Recorders' Funds||||1,000|1,000|
|StLawrence Jewry||||750|750|
|St Paul's Cathedral||||500|500|
|Other Charities specified by the participants||||||
|in the Master's Bike Ride||||20,406||
|||||55,156|20,886|
|Total Donations||||215,426|52,136|