|Trustees' Report||
|---|---|
|Objectives and Activities||
|Achievements<br>and Performance||
|Financial Review||
|Future Plans||
|Structure, Governance<br>and Management||
|Reference and Administrative|Details|
|Statement ofthe Trustees'<br>Responsibilities||
|Independent<br>Examiner's<br>Report||
|Statement ofFinancial Activities||
|Balance Sheet||
|Accounting<br>Policies||
|Notes to the Financial Statements||





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||||||Livery|Livery and|||
|---|---|---|---|---|---|---|---|---|
||||||and|Freemen:|||
|||||Unrestricted|Freemen:|Endowment|12Month|7Month|
|||||(General)|Income|fund|Total|Total|
||||Note|fund|fund|2022|2022|2021|
|Income and endowments||from:|||||||
|Donations and legacies||||26,646|92,992||119,638|94,938|
|Investments||||74|||74|21,188|
|Total income and endowments||||26,720|92,992||119,712|116,126|
|Expenditure<br>on:|||||||||
|Raising funds|||||||||
|Investment<br>management||costs||||||2,891|
|Fundraising<br>event costs||||||||72|
|||||||||2,963|
|Charitable<br>activities|||||||||
|Grants|||||37,455||37,455|1,470,560|
|Grant related support|costs|||26,392|||26,392|50,886|
|||||26,392|37,455||63,847|1,521,466|
|Total expenditure||||26,392|37,455||63,847|1,524,429|
|Net gains on investments|||||||||
|Gains on investments|||||76,122||76,122|48,492|
|Net movement<br>in funds||||328|131,659||131,987|(1,358,791)|
|Fund balances at 1August||2021||6,622|310,075||316,697|1,676,488|
|Fund balances at 31July||2022||6,950|441,734||448,684|316,697|





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||Note||31July 2022||31July 2021|
|---|---|---|---|---|---|
|Fixed assets||||||
|Fair ByDesign|||202,794||143,371|
||||202,794||143,371|
|Current assets||||||
|Debtors||3,750||38,518||
|Cash at bank||249,999||167,812||
|||253,749||206,330||
|Creditors: due within one year||7,859||33,004||
|Net current assets|||245,890||173,326|
|Total assets|||448,684||316,697|
|Funds||||||
|Livery and Freemen: Income fund|9||441,734||310,075|
|Unrestricted<br>(General) fund|10||6,950||6,622|
||||448,684||316,697|





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||||||12|Months|7|Months|
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|Donations|from|Merchant|Taylors'|Company||26,646||36,999|
|Donations|from|individuals||||92,992||57,939|
|||||||119,638||94,938|



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|||12Months|7 Months|
|---|---|---|---|
|||2022|2021|
|Income|from listed investments||21,180|
|Deposit|interest|74|8|
|||74|21,188|





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||||12Months|7Months|
|---|---|---|---|---|
||||2022|2021|
||Unrestricted<br>donations||||
||StMichael's Church Cornhill|||2,500|
||Merchant<br>Taylors' Foundation||37,455|1,468,060|
||Total Donations||37,455|1,470,560|
|5|Grant related support costs||||
||||12Months|7Months|
||||2022|2021|
||Administration<br>costs||18,930|41,767|
||Insurance||520|44|
||Bank charges||1,406|1,031|
||Sundry expenses||436|1,658|
||Governance<br>costs:||||
||Independent<br>examiner's|remuneration:|||
||-Statutory report —current year||2,500|2,000|
||-Statutory report —prior|year under provision|2,600|500|
||Professional<br>fees|||4,386|
||||26,392|50,886|





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|Social investments|Social investments||31July 2022|31July 2021|
|---|---|---|---|---|
|Fair value at|1August 2021||143,371|163,626|
|Add:|||||
|Additions|||28,979|25,012|
|Equalisation|payments|received|(45,678)|(44,387)|
|Net realised|/ unrealised|gains / (losses)|76,122|(880)|
|Fair value at|31July 2022||202,794|143,371|



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||31July 2022|31July 2021|
|---|---|---|
|Accrued income and tax recoverable|3,323|29,844|
|Prepayments|427|480|
|Other debtors||8,194|
||3,750|38,518|



||||31July|2022|31|July|2021|
|---|---|---|---|---|---|---|---|
|Merchant|Taylors'|Company|||||8,194|





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||31July 2022|31July 2021|
|---|---|---|
|Creditors|62|23,154|
|Accruals and deferred income|3,300|4,500|
|Other creditors|4,497|5,350|
||7,859|33,004|



|||31July 2022|31July 2021|
|---|---|---|---|
|Bradestrete Services Ltd||4,147||
|Merchant Taylors' Educational|Trust||2,500|
|Merchant Taylors' Boones' Charity|||2,500|
|||4,147|5,000|



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||||Balance|||Net gains &|Balance|
|---|---|---|---|---|---|---|---|
|||1|August|Income|Expenditure|transfers|31July 2022|
||||2021|||||
||||E|||||
|Income|Fund||310,075|92,992|(37,455)|76,122|441,734|



||||Balance|||Net gains &|Balance|
|---|---|---|---|---|---|---|---|
|||1|January|Income|Expenditure|transfers|31July 2021|
||||2021|||||
||||E|||||
|Income|Fund||58,323|79,119|(3,270)|175,903|310,075|





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||||Balance|||Net gains &|Balance|
|---|---|---|---|---|---|---|---|
|||1|August|Income|Expenditure|transfers|31July 2022|
||||2021|||||
|Unrestricted|Fund||6,622|26,720|(26,392)||6,950|
|Comparative|information|||||||
||||Balance|||Net gains &|Balance|
|||1|January|Income|Expenditure|transfers|31July 2021|
||||2021|||||
|Unrestricted|Fund||19,935|37,007|(50,458)|138|6,622|



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|||Unrestricted|Income fund|Total|
|---|---|---|---|---|
|||(General) fund|||
|Investments|||202,794|202,794|
|Net current|assets|6,950|238,940|245,890|
|Balance at|31July 2022|6,950|441,734|448,684|
|omparative|information||||
|||Unrestricted|Income fund|Total|
|||(General) fund|||
|||E|||
|Investments|||143,371|143,371|
|Net current|assets|6,622|166,704|173,326|
|Balance at|31July 2021|6,622|310,075|316,697|





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|||||Livery|and Freemen|Fund|
|---|---|---|---|---|---|---|
||||Unrestricted|Income|Expendable|7Month|
||||(General)||Endowment|Total|
||||fund||fund|2021|
|Income and endowments||from:|||||
|Donations and legacies|||36,999|57,939||94,938|
|Investments|||8|21,180||21,188|
|Total income and endowments|||37,007|79,119||116,126|
|Expenditure<br>on:|||||||
|Raising funds|||||||
|Investment<br>management||costs|||2,891|2,891|
|Fundraising<br>event costs||||72||72|
|||||72|2,891|2,963|
|Charitable<br>activities|||||||
|Grants||||2,770|1,467,790|1,470,560|
|Grant related support|costs||50,458|428||50,886|
||||50,458|3,198|1,467,790|1,521,466|
|Total expenditure|||50,458|3,270|1,470,681|1,524,429|
|Net gains / (losses) on|investments||||||
|Gains on investments||||(803)|49,295|48,492|
|Net (expenditure)<br>/ income before||||(803)|49,295|48,492|
|transfers|||||||
|Transfers between funds|||138|176,706|(176,844)||
|Net movement<br>in funds|||(13,313)|251,752|(1,598,230)|(1,358,791)|
|Fund balances at 1January 2021|||19,935|58,323|1,598,230|1,676,488|
|Fund balances at 31July||2021|6,622|310,075||316,697|