|||Pages|
|---|---|---|
|Trustee, advisers and|prmcipal staff||
|Trustee's report||2-5|
|Statement ofTrustee's|responsibHities||
|Independent<br>auditor's|report|7-10|
|Statement ofSnancial|activities||
|Balance sheet||12|
|Cash flow statement||13|
|Notes to the imancial|statements|14-27|





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|||||Unmstricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Notes|Funds|Funds|2022|2021|
||||||6|||
|lncometronu||||||||
|1)onsttons and legaries|||2|2,056|4,648|6,704|13,708|
|Other trading activities|||3|450,313||450g13|428,155|
|Investments|||3|21,593|38,606|60,199|48,349|
|Charitable<br>aotivities|||3|45,270|3,065|48P35|47,740|
|Fund mis ing activities|||3||13,147|13,147||
|Total income||||519,233|59,466|578498|537,952|
|Expenditure<br>on:||||||||
|Raising funds|||5||9,401|9/101||
|Charitable<br>activites|||5|252,256|205,842|4585098|293,851|
|Oumts|||8|11,665||111665|2,849|
|Other trading activities|||4/6|28D,770||280,770|254,760|
|Total expenditure||||544,691|215,243|759,934|551,480|
|Realised Gain investments||||7,760|13,881|21,641|109,595|
|Utuualised<br>(losses)/gains|on investment|assets:|ID|(80,143)|(143,347)|(223rt90)|489,276|
|Other gains|||IO|10,413||10/t13|128,S96|
|Net income/(expemgture)||||(87,429'I|(285,242)|1372,671)|714,239|
|ReconcBiatton offunds||||||||
|Fund balances bmught|forward|||3,352,4/8|1,240,329|4,592/07|3,878,568|
|Fend balances carried forward||||||||
|at30June 2022|||18|3,265,049|955,08S|4,220,137|4,592,807|





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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Notes|Funds|Funds|2022|2021|
|||||||8|8|6|
|Fixed assets|||||||||
|7angible assets|||||||||
|Freehold housing pmperties|||||||||
|at Hanhrgs|||||303,553||303r553|307,496|
|Ftcchold property|unpre||vernant||43,421||435421|51,090|
|Motor csr||||||||242|
|Fixtures snd fittings|||||188,056||1885056|218,134|
|Company<br>Barge||||||34,482|34,482|36,205|
|Artefscts||||||6,542|6,542|5,878|
||||||535,030|41,024|576,054|619,045|
|Invsstmsats|||||||||
|Share in Investment||Assets|||1,941,034|793,619|2,734,653|2,951,822|
|Other investments|||||809,448||$09,448799,035||
||||||2,750,482|793,6!9|3&544,101|3,750,857|
|Totsi tired astern|||||3,285,512|834,643|4,120,155|4,369,902|
|Current assets|||||||||
|Debtors|||||17,706|5,100|22,806|15,424|
|Cash at bmk end in hand|||||104,317|116,369|220,686|269,220|
||||||122,023|121,469|243,492|284.644|
|Credt terri nnouats||fsigag|||||||
|doestthia one year|||||(142,486)|(1,024)|(143,510)|(61,739)|
|Net current assets|||||(20,463)|120,445|99,982|222,905|
|Net assets|||||3,265,049|955,088|4820,137|4.592,807|
|Fend Balances|||||||||
|Unrestricted<br>fuads|||||||||
|General Pend|||||2,455,601||zrt55,601|2.553.443|
|Restricted fimds||||i9||955,088|955,088|1,240,329|
|Designated<br>Funds||||10|809,448||809,448|799,035|
||||||3,265,049|955,088|4,220,137|4,592.$07|





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|Statement of|cash flow at 30June 2022|cash flow at 30June 2022|cash flow at 30June 2022|cash flow at 30June 2022|cash flow at 30June 2022|||
|---|---|---|---|---|---|---|---|
||||||Notes|2022|2021|
|||||||f||
|Net cash (ontflorv)/<br>from|operating<br>actiVities||||20|(111/t18)|15/72|
|Cashttoas<br>I'rominvesting|activities|||||||
|Dividends<br>and interest Bominvestments||||||60,199|48,348|
|Pmceeds iromsdes<br>ofinvestments||||||349@57|874,726|
|Purchases<br>ofinvestments||||||(334,636)|(791,807)|
|Purchase ofgsed assets||||||(12di36)|(88,602)|
|Net cash pmvided<br>(used|m) fund nativities|||||62,884|42,665|
|Change in cash by/(used|in) equivalents|in the reporting||period||(48$34)|57,937|
|||||||2022|2021|
|||||||f|f|
|Cash and cash equivalents|atthe beginning ofthe||reporting||period|269220|211,823|
|Cash and cash equivalents|atthe end the|zeporting|period|||220di86|269,220|
|||||||(48/34)|57397|





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|2|Income|Income|from Donations and legacies|from Donations and legacies|from Donations and legacies||||
|---|---|---|---|---|---|---|---|---|
|||||Relief of|||||
|||||Poverty|Traialng &|Preservatloa|Total|Total|
|||||&Other|Education||2022|2021|
|||||f,|||f|f|
|Donations||||2,056|4,648||6,704|13,70S|
|||||2,056|4,64S||6,704|13,708|
|Unrestricted||funds||2,056|||2,056|11,020|
|Restricted|funds||||||4,648|2,688|
|||||2,056|4,648||6,704|13,708|
|3|Income||earned|from other activities|||||



||||Ee[tefof|||||
|---|---|---|---|---|---|---|---|
||||Povertf|Training &|Preservatien|Total|Total|
||||&Other|Educed on||2022|2021|
|Other trading mcome - tntekct||rent ais|450313|||450P13|428,1SS|
|investmeut|iocome||43,751|16,448||60,199|48,348|
|Back htterest|||488|4|6|498|16|
|Pundraising|||||. 13,141|13,141||
|Training Courses||||3,060||3,060||
|Provision|ofsocial housing||39,050|||39,050|41320|
|Other inanne from chaitshle||activities|5,732|||5,732|6.205|
||||539,335|19,512|13,147|574994|524,244|





## 

||||Housing|Serstce|Total|Total|
|---|---|---|---|---|---|---|
||||Msussemeut|Costs|2022|2021|
||||8||K|f|
|Direct employees|||||||
|Salaries|||4,457|51,400|55,85$|49,393|
|Sodsl senmity|||259|2,986|3445|2&352|
|Pension costs||||507|551|1482|
||||4,759|54,893|59,654|53327|
|Administretion|cspenscs||18,431|212,539|230,969|195,540|
|Strutt Parker management||fees||13,338|13/38|26/04|
||||23,190|280,770|303,960|275,071|





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## 

||||||Relief ef|||||
|---|---|---|---|---|---|---|---|---|---|
||||||Potesty|Training<br>th|Pres ermtiou|Toed|Total|
|||||Notes|ds Other|saturation||2022|2021|
||||||f|f||||
|Rates|||||6,015|||6,015|7,216|
|Management|k Accommodadou|||||ts,tsl||15,181|13,407|
|Ocher eeendiuue||on property|||52,451|||52vtst|46,486|
|Repaim and <br>Apprentses|maintenance<br>dt Ttainiug||Costs||128,0td|24886||128,046<br>263186|79,42S<br>5~|
|Apptenaces|StTminiug||Othccm|||97@69||97s969|45,436|
|insurance|||||30tns|4,708||35s646|302151|
|Depreciation||||||1,712||1,712|1,712|
|Training Course||||||32878||3dt08||
|Sundry espenditme|||||25,873|10,472||36345|12,976|
|Support costs|||||23,190|||23,190|21,999|
|Governance|costs||||24,814|||30,850|28,820|
|Fund<br>mining|||||||9vtol|9,401||
||||||||9,401|467,499|293,S51|
|Unrestricted<br>funds<br>General Fund|||||~6|||252456|183,475|
|Restricted<br>funds|||||39,070|166,772|9401|215~3|110,376|
|||||||166,772|9.401|467v499||



## 

|6 Recharges from %'atermets|6 Recharges from %'atermets|6 Recharges from %'atermets|s<br>Httii Limiteti|s<br>Httii Limiteti|s<br>Httii Limiteti|s<br>Httii Limiteti|s<br>Httii Limiteti|s<br>Httii Limiteti|s<br>Httii Limiteti|s<br>Httii Limiteti|
|---|---|---|---|---|---|---|---|---|---|---|
|Included with~ces and Training <br>Officer, Assistant Trainbtg Otscer and <br>The Management<br>and Accommodation|||costs are the salaries and related costs ofthe Rowing Oflicer, Training<br> Trebling Administrator<br>ofg97,969~ed trom Waterrmm<br>Hall Limited.<br>costs relate to~s trotn Wetermens Hall Limited and have been||||||||
|allocated onapercentage||basis ofstaff|time|over allofthe Company ofWatermen|||and Lightelmen||and its charitable||
|activities.|||||||||||
|||||Relief of|||||||
|||||Poverty|Training<br>dc|||Total||Total|
|||||dt Other|Fstutnrton|Preservseon||2022||2021|
|||||5||||p.||5|
|Included inHoustug Itfcnugenent|||||||||||
|und Service true|||||||||||
|Mauatptneut<br>fees||||93,894||||93dt94||73,460|
|Accotnodation<br>costs||||81,174||||S1,174|||
|fuctudsd in Supportctuts|||||||||||
|Msnagnnent<br>Sns|||||8,142|||8,142||7,123|
|Accomodaticn costs|||||7dt39|||72739||6,284|
|Sahuies aud related oosts|||||97 tt69|||97Q9||45,436|
|||||175,068|113,150|||288,219||197,100|





## 

|Audit fee|||||8,76D|8,760|
|---|---|---|---|---|---|---|
|Investment|Managers||fees||22,09D|20,060|
||||||30,850|28,820|
|Restricted Phgdp||Henman||Foundation|6,036|5482|
|Restricted John||Dudin|Brown||8,133|7,385|
|Unrestricted|||||16,081|15,953|
||||||30,850|28,820|



## 

|Grants|||
|---|---|---|
||2022|2021|
|||5|
|Grants made during the year|||
|Libtaty Committee|11,665|2,849|
|Total gmnts paid durmg the year|11,665|2,849|
|Restricted|||
|Unrestricted|11,665|2,849|
|Total grants paid during the year|11,665|2,849|





|9|Tangible Fixed|Assets||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Pres'hold|Pre ahold|||Preehald||||
|||housing|Water|pictures<br>and|Arts facts|propeibi|Corcpany|'Ibtal||
|||propcrges|car|fittings||isaprovetue ni|Barge|2021|2021|
|||||8||||8|6|
||Cost|||||||||
||At I July 2021|394,243|7,844|562,950|5,878|83,455|43,074|1,097,444|1,088,605|
||Additions|||11/72|eoe|||12,o3a|8$,002|
||||||||||(79,763)|
||At 30lane 2022||7,$44|574st22|6,542|83/55|43,074|1,110,080|1,097,444|
||Depredatlen|||||||||
||At 1 July 2021|$6,747|7,602|344,1116||32365|6.869|478,399|501551|
||Char)9 Dtr tbe year|3,943|242|42,030||7.669|1.723|55.627|36,611|
||Disposals||||||||(79,763)|
||At30 Jane1011|90,690|7,$44|386v$66||40,D34|8+92|534,026|47$,399|
||Net book value|||||||||
||At 30Jane 2011|303+53||1$8,056||43v421|34,481|5767154|619,D45|
||Net hook value|||||||||
||At 30 June 2021|307,496|242|21$,134|SJ)7$|51,090|36,205|619,D45|SS7,054|





## 

## 

|Other Investments|—Extra Ordinary-Repair|fitnd|2022|2021|
|---|---|---|---|---|
|||||5|
|Opening market value|||799,035|670,140|
|Gains ou revaluation|||ts&413|120,894|
|Closing market value|||009&440|799,035|



## 

|Market value at 1 July' 2021|2,951&822|
|---|---|
||2,951,8Z2|
|Additkms at cost|334,636|
|Disposals|32831|
||2,958,142|
|Uorealised (losses) year|(223,489)|
|1VIarket value at 30June 2022|2,734,653|
|Cost Holding Value|2,140&410|



|Restricted|793&619|
|---|---|
|Unrestricted|1,941,034|
||2,734,653|





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## 

|11<br>Debtors||||||
|---|---|---|---|---|---|
|||||2022|2021|
||||||f.|
|Due trom The Company ofWaterman||snd|Lighterman of|||
|The River Thames, its subsidiary|company||snd its other charities|4,180|1,065|
|Trade debtors||||723|855|
|Outstanding<br>recta(a||||990|990|
|Tasation recoverable||||1424|1,479|
|Prepayments<br>and accrued income||||10/47|8rt71|
|Other debtors||||5,142|2,064|
|||||225806|15,424|



## 

|I2<br>Creditors: amou|nts<br>falling|due within one|year||
|---|---|---|---|---|
||||2022|2021|
|Other creditors|||1,475|2/59|
|Trade creditors|||5,896|16,445|
|Accrusls snd deferred income|||90,014|33,881|
|Due to HMRC|||817|1,106|
|Due toTbe Company ofWaterman|and Lighterman|of|||
|The River Thames, its subsidiary|company snd its|other charities|45@08||
||||143,510|61,739|



## 

|At the year-end the tbllowing<br>balances were outstanding:|2022|2021|
|---|---|---|
|Due (to)Watson ens Hall Linnted|(45,308)||
|Due trom Tbe Company's<br>Poors Fund|4,180||
|Due Rom the Company ofWatemen and Lighterman||1,065|





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## 

||||2022|2021|
|---|---|---|---|---|
|Management<br>costs recharged|fimn||||
|'Ihe Company ofWaterman|and Lightmmen ofthe||102,037|80,584|
|River Thames to the Charity|||||
|Rowing OBiccr, Training Officer and others|||97„rr69|45,436|
|Accommodation<br>costs recharged fiom Watermens||Hall|88,213|71,081|
|Limited|||||



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|18|ReconciTiation of|ReconciTiation of|net movements<br>in funds to dosing fund balances|net movements<br>in funds to dosing fund balances|net movements<br>in funds to dosing fund balances|net movements<br>in funds to dosing fund balances|
|---|---|---|---|---|---|---|
||||Utnestrioted|Restricted|Total|Total|
||||Funds|Funds|2022|2021|
|Balanceat|01.07.2021||3352,478|1,240,329|4,5922107|3,878,568|
||||519,233|S9,466|578r698|S37,952|
|Expenditure|||(544,691)|(215,243)|(759„rt34)|(551,480)|
|Vnreslised|(tosses)/sstns|on investm|(61,970)|(129,466)|(191,436)|727,767|
|Fund Balances at 30.06||2022|3,265,049|955,086|4,220,135|4,592,807|



## 



## 

||||||||Realtsedl||
|---|---|---|---|---|---|---|---|---|
||||||||Uorealised||
|||||Totals||||Tootle|
|||||2021|Income|Espsmgtnre|Inmstment|2022|
||||||||Asset||
|Training and Education|||a|4,651|327|(82)|(745)|4,151|
|Tour of2ast|London-training|fitr|||||||
|apprentices|&omPast London|botoughs|||||||
|DRHenman|inidaiinvestment||b|6,234|438|(3,021)|(999)|2,652|
|Other donations<br>fiom the Philip|||d|83,317|5,849|(40377)|(13354)|35435|
|Henman Foundation,|||||||||
|Legacy|||e|249,931|17,547|(123392)|(40,058)|104,127|
|John Dudin|Brown Trust.||||||||
|funds forthe repahs, maintenance|||f|831,918|22,158|(39,070)|(74/08)|740di98|
|snd insmance ofthe Almshouses|||||||||
|Wulermen<br>'s|Hall Preservation||||||||
|Trust - funds|forthe pmservatioo||g|64,278|13,147|(9,401)||68,024|
|ofWatemen's<br>Hall|||||||||
|||||1440329|59366|(215,243)|(129,466)|955,088|





## 

## 

|20<br>Reconcili<br>activities.|ation ofnet|m|ovements<br>in|funds to|net cash flow f|rom op|
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||||1|
|Net(expenditure)/incotne|befom revahrtions||forthe reporting|period|(181,236)|(13,528)|
|Adjustments<br>Ibr|||||||
|Deprecation|||||55,627|56,611|
|Dividends<br>and interest|||||(60899)|(48,349)|
|(lincreese) Idecrese in|debtors||||(40,184)|4,603|
|Increase/<br>in creditors|||||114,574|15,935|
|Net cash provided by|(used in) investmg|activities|||(111&418)|15/72|



##