|||Pages|
|---|---|---|
|Trustee, advisers and|principal staff||
|Trustee's report||2-5|
|Statement ofTrustee's|responsibilities||
|Independent<br>auditor's|report|7-10|
|Statement offinancial|activiiies||
|Balance sheet||12|
|Cash flow statement||13|
|Notes to the financial|statements|14-27|





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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Notes|Funds|Funds|2021|2020|
|Income from:|||||||||
|Donations<br>and legacies||||2|11,020|2,688|13,708|6,905|
|Other trading activities||||3|428,155||428,155|411,864|
|Investments||||3|17,338|31,011|48349|52,364|
|Charitable<br>activities||||3|43,271|4,470|47,741|63,600|
|Fund raising activities||||3||||16,229|
|Total income|||||499,784|38,168|537,952|550,962|
|Expenditure<br>on:|||||||||
|Raising funds<br>sea||||5||20|20|8,800|
|Charitable<br>activites||||5|183,475|110,376|293,851|301,231|
|Grants||||8|2,849||2,849||
|Other tmding<br>activities||||4/6|254,760||254,760|241,264|
|Total expenditure|||||441,084|110,396|551,480|551,295|
|Realised Gains/(losses)|on investments||||69,249|40,346|109,595|14,931|
|Unrealised<br>Gains/(losses)||on investment|assets:|10|355,575|133,701|489,276|(103,666)|
|Other Gains/(los<br>)||||10|128,895||128,895|(50,169)|
|Net income/(expenditure)|||||612,419|101,820|714,239|(139,237)|
|Reconciliation offunds|||||||||
|Fund balances brought|forward||||2,740,059|1,138,509|3,878,568|4,017,804|
|Fund balances carried forward|||||||||
|at30June 2021||||18|3,352,478|1,240,329|4492,807|3,878,567|





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||Income|Income|from|Donations<br>and|legacies||||
|---|---|---|---|---|---|---|---|---|
|||||Relief of|||||
|||||Poverty|Training &|Preservation|Total|Total|
|||||&Other|Education||2021|2020|
|Donations||||11,020|2,688||13,708|6,905|
|Legacies|||||||||
|||||11,020|2,688||13,708|6,905|
|Unrestricted||funds||11,020|||11,020|5,705|
|Restricted|funds||||2,688||2,688|1,200|
|||||11&020|2,688||13,708|6,905|



## 

|||||Relief of||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Poverty|Trainiag &|Preservation||Total|Total|
|||||&Other|Education|||2021|2020|
|Other trading||income - market|rentals|428,155||||428,155|411,864|
|Investment|income|||35,136|13,212|||48,348|52,364|
|Bank interest||||12|2|||16|251|
|Fundraising|||||||||16,229|
|Provision|ofsocial housing|||41,520||||41,520|44,547|
|Other income||from charitable|activities|1,739|4,466|||6,205|18,801|
|||||506,562|17,679|||524,244|544,056|
|Unrestricted||funds||488,763||||488,763|462,593|
|Restricted funds||||17,799|17,679|||35,481|81,463|
|||||506,562|17&679||3|524,244|544,056|





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## 

|ance Shee|t|as at 3|0June|2021||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|Funds|Funds|2021|2020|
|Fixed assets||||||||
|Tangible<br>assets||||||||
|Freehold housing properties||||||||
|at Hastings||||307,496||307,496|311,439|
|Freehold property|improvement|||51,090||51,090|58,184|
|Motor car||||242||242|729|
|Fixtures and fittings||||218,134||218,134|172,895|
|Company<br>Barge|||||36,205|36,205|37,928|
|Artefacts|||||5,878|5,878|5,878|
|||||576,962|42,083|619,045|587,053|
|Investments||||||||
|Share in Investment||Assets|10|1,878,637|1,073,185|2,951,822|2,435,919|
|Other investments|||10|799,035||799,035|670,140|
|||||2,677,672|1,073,185|3,750,857|3,106,059|
|Total fixed assets||||3,254,634|1,115,268|4,369,902|3,693,112|
|Current<br>assets||||||||
|Debtors||||10,556|4,868|15,424|20,027|
|Cash at bank and in hand||||147,928|121,292|269,220|211,283|
|||||158,484|126,160|284,644|231,310|
|Creditors:<br>amounts||falling||||||
|due within one year|||12|(60,640)|(1,099)|(61,739)|(45,854)|
|Net current assets||||97,844|125,061|222,905|185,456|
|Net assets||||3,352,478|1,240,329|4,592,807|3,878,568|
|Fund Balances||||||||
|Unrestncted<br>funds||||||||
|General Fund||||2,553,443||2,553,443|2,069,919|
|Restocted funds|||19||1,240,329|1,240,329|1,138,509|
|Designated<br>Funds|||10|799,035||799,035|670,140|
|||||3,352,478|1,240,329|4,592,807|3,878,568|





|Statement of|cash flow at 30June 2021|cash flow at 30June 2021|cash flow at 30June 2021|cash flow at 30June 2021|cash flow at 30June 2021|||
|---|---|---|---|---|---|---|---|
||||||Notes|2021|2020|
|Net cash (outflow)/ from|operating<br>activities||||20|15,272|(26,422)|
|Cash flows from investing|activities|||||||
|Dividends<br>and interest from investments||||||48,348|52,364|
|Proceeds fiom sales ofinvestments||||||874,726|421,879|
|Purchases ofinvestments||||||(791,807)|(383,534)|
|Purchase ofgsed assets||||||(88,602)|(87,370)|
|Net cash provided<br>(used|in) fund activities|||||42,665|3,339|
|Change<br>in cash by/(used|in) equivalents|in the reporting||period||57,937|(23,083)|
|||||||2021|2020|
|Cash and cash equivalents|at the beginning ofthe||reporting||period|211,283|234,366|
|Cash and cash equivalents|at the end the|reporting|period|||269)220|211,283|
|||||||57)937|(23,083)|





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||4|Employee and administration<br>costs||||
|---|---|---|---|---|---|
|||Housing|Service|Total|Total|
|||Management|Costs|2021|2020|
|||||8|g|
|Direct employees||||||
|Salaries||4,366|45,027|49,393|48,965|
|Social security||208|2,144|2,352|1,876|
|Pension costs||140|1,443|1,582|1,599|
|||4,713|48,614|53,328|52,440|
|Administration|expenses|17,286|178,254|195,540|184,721|
|Strutt Parker management||fees|26,204|26,204|20,986|
|Doggets ager Costs|||||6,265|
|||21,999|253,072|275,071|264,412|





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||||||Relief of|||||
|---|---|---|---|---|---|---|---|---|---|
||||||Pomrty|Trainiag &|Presermtion|Total|Total|
|||||Notes|&Other|Education||2021|2020|
|Rates|||||7,216|||7,216|4,427|
|Management|&Accommodation|||||13,407||13,407|13,601|
|Other expenditure||on pm|p erty||46,486|||46,486|47,735|
|Repairs and|maintenance||||79,428|||79,428|66,968|
|Appmntices|&Training||Costs|||5,500||5,500|26,456|
|Apprentices|&Training||Officers|||45,436||45,436|57,764|
|Insurance|||||26,149|4,701||30,851|21,781|
|Depreciation||||||1,712||1,712|1,712|
|Sundry expenditure|||||12,391|584||12,975|10,743|
|Support costs|||||21,999|||21,999|23,147|
|Governance|costs||||23,338|5,482||28,820|26,897|
|Fundraising|||||||20|20||
||||||217,010|76,822|20|293,851|310,031|
|Unrestricted|funds|||||||||
|General Fund|||||183,475|||183,475|167,504|
|Restricted<br>funds|||||33,534|76,822|20|110876|142,527|
||||||217,010|76,822|20|293,851|310,031|



|6 Recharges from Watermens|6 Recharges from Watermens|6 Recharges from Watermens|Hall Limited|||||
|---|---|---|---|---|---|---|---|
||||Relief of||||Total|
||||Poverty|Training &||Total|Total|
||||&Other|Education|Preservation|2021|2019|
|||||||8|8|
|Included<br>in Haasmg||Management||||||
|and Service costs||||||||
|Manasement|fees||73,460|||73,460|73,499|
|Accomodation|costs||64,797|||64,797|52,249|
|Included in Support casts||||||||
|Maoagement|fees|||7,124||7,124|7,950|
|Accomodatioo|costs|||6,284||6,284|5,651|
|Salaries and related costs||||45,436||45,436|57,764|
||||138,257|58,843||197,100|197,113|





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|||||2021|2020|
|---|---|---|---|---|---|
|Audit fcc||||8,760|8,580|
|Investment|Managers fees|||20,060|18,317|
|||||28&820|26,897|
|Restricted|Philip|Henman|Foundation|5,482|5005|
|Restricted|John|Dudin Brown||7,385|6,743|
|Unrestricted||||15,954|15,149|
|||||28,820|26&897|



## 

|Grants|||
|---|---|---|
||2021|2020|
|Grants made during the year||3,331|
|Library Committee|2,849||
|Total grants paid during the year|2,849|3,331|
|Restricted||3,331|
|Unrestricted|2,849||
|Total gmnts paid during the year|2,849||



## 



## 

||Freehold|I'reebold|||Freehold||||
|---|---|---|---|---|---|---|---|---|
||housiag|Motor|Fixtures<br>and|Artefacts|property|Company|Total||
||properties<br>f||fittiags||improve me n 1|Barge|2021<br>f|2020|
|Cost|||||||||
|At<br>1 July 2020|394,243|7,844|554,111|5,878|83,455|43,074|1,088,605|1,229,110|
|Additions|||88,602||||88,602|87,370|
|Dispo sale|||(79,763)||||(79,763)|(213,462)|
|At 30June 2021|394,243|7,844|562,950|5,878|83,455|43,074|1,097,444|1,316,480|
|Depreciation|||||||||
|At<br>1 July 2020|82,804|7,115|381,215||25,271|5,146|501,551|674,816|
|Charge for the year|3,943||43,364||7,094|1,723|56,611|54,611|
|Dispusats|||(79,763)||||(79,763)|(213,462)|
|At 30June 2021|86,747|7,602|344,816||32,365|6,869|478,399|729,427|
|Net book value|||||||||
|At 30June 2021|307,496|242|218,134|5,878|51,090|36,205|619,045|587,053|
|Net book value|||||||||
|At 30June 2020|311,439|729|172,895|5,878|58,184|37,928|587,053|554,294|





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|Other Investments|—Extra Ordinary-Repair|fund|2021|2020|
|---|---|---|---|---|
|Opening market value|||670,140|720,309|
|Gains/(losses)/gains<br>on|revaluation||128,894|(50,169)|
|Closing market value|||799,035|670,140|



|Market value at 1 July 2020|Market value at 1 July 2020|Market value at 1 July 2020|2,435,869|
|---|---|---|---|
||||2,435,869|
|Additions|at cost||791,807|
|Disposals|||~765 135|
||||2,462,546|
|Unrealised|Gains/(losses)|year|489,276|
|Market value at 30June 2021|||2,951,822|
|Cost Holding<br>Value|||2,044,984|
|Restricted|||1,261,436|
|Unrestriced|||1,690,386|
||||2,951,822|





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|11<br>Debtors|||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Due fi'om The Company ofWatermen||and|Lightermen|of|||
|The River Thames, its subsidiary|company||and its other charities||1,065|562|
|Trade debtors|||||855|1,556|
|Outstanding<br>rentals|||||990|2,575|
|Taxation recoverable|||||1,479|1,076|
|Prepayments<br>and accrued income|||||8,971|12,892|
|Other debtors|||||2,064|1,366|
||||||15,424|20,027|



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|||||2021|2020|
|---|---|---|---|---|---|
|Other creditors||||2,259|430|
|Trade creditors||||16,445|8,376|
|Accruals and deferred income||||33,881|24,924|
|Due to HMRC||||1,106|566|
|Due to The Company ofWatermen|and Lightennen||of|||
|The River Thames, its subsidiary|company|and its|other charities|8,048|11,588|
|||||61,739|45,854|



## 

|At t|he year-end th|e follo|wing balances|were outstanding:|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Due|to Watermens|Hall|Limited||8,048|11,558|
|Due|&om The Company||ofWatermen|and Lightermen ofthe River Thames|1,065|562|





## 

|||||2021|2020|
|---|---|---|---|---|---|
|Management|costs recharged|from||||
|The Company|ofWatermen|and Lightermen ofthe||80,584|81,448|
|River Thames|to the Charity|||||
|Rowing Officer, Training<br>Officer and others||||45,436|57,764|
|Accommodation<br>costs recharged from Watermens|||Hall|71,081|57,900|
|Limited||||||



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|18<br>Reconciliation|18<br>Reconciliation|ofnet movements|ofnet movements|in funds to|closing fund balances|closing fund balances|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|2021|2020|
|Balance at|01.07.2020||2,740,059|1,138,509|3,878,568|4,017,804|
|Income|||499,784|38,168|537,952|550,962|
|Expenditure|||(441,084)|(110,396)|(551,480)|(551,295)|
|Unrealised|gains/ (losses)/on|investments|553,719|174,048|727,767|(138,904)|
|Fund Balances at 30.06.2021|||3852,478|1,240&329|4,592,807|3,878,567|



## 



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|||||||Realised/||
|---|---|---|---|---|---|---|---|
|||||||Unrealis ed||
||||Totals|||Income on|Totals|
||||2020|Income|Mpendtture|Investment|2021|
|||||||Asset||
|Training and Education||a|3,137|183|(1,282)|2,614|4,651|
|Tour ofEast London-training|for|||||||
|apprentices<br>tromEast London|boroughs|||||||
|DR Henman initial investment||b|4,044|234|(1,172)|3,129|6,234|
|Other donations<br>from the PhiTip||d|51,203|10,141|(17,362)|39,335|83817|
|Henman Foundation||||||||
|Legacy||e|168,176|9,807|(57,025)|128,972|249,931|
|John Dudin<br>Trust||||||||
|funds forthe repairs, maintenance|||847,654|17,799|(33,535)||831,918|
|and insurance ofthe Almshouses||||||||
|graterm en 's Hall Preservation||||||||
|Trust - funds forthe preservation||g|64,295|3|(20)||64,278|
|ofWaterman's<br>Hall.||||||||
||||1,138,509|38,167|(110,397)|174,050|1,240,329|





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|20<br>Reconc<br>activities.|iliati|on ofnet|movements<br>in fun|ds to net cash flow|from op|
|---|---|---|---|---|---|
|||||2021|2020|
|||||8||
|Net income/(expenditure)||for the reporting|period|15,255|(333)|
|Adjustments<br>for||||||
|Depreciation||||56,611|54,611|
|Dividends<br>and interest||||(48,348)|(52,364)|
|Decrease/(increase)|in debtom|||(23,182)|(2,080)|
|Increase/(decrease)|in creditors|||135,378|(26,256)|
|Net cash provided|by (used in) investing||activities|135,714|(f26,422)|



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