2023-06-30-accounts

Trustees, advisors and	principal	staff
Tlllstee's report			2-6
Independent auditor's	report		7-10
Statement offinancial	activities
Balance sheet			12
Cash flow statement			13
Notes to the financial	statements		14-26

					Unrcstrktcd	Restricted	Total	Total
				Notes	funds	feeds	2023	2022
					f	f
Income from:
Donation and	legacies			2	26,086	34,484	60,570	6,704
Charitable activities				3	53,592	2,726	56,318	47,837
Other trading	activities			3	466,245		466,245	450@13
Investments				3	25,322	44,896	70,218	60,697
Fundrsising activities				3		7,947	7,947	13,147
Total income				14	571745	90,053	661,298	578,698
Expenditure on:
Raising funds				5		2,460	2,460	9,401
Charitable activities				5	260,948	136,166	397,114	458,098
Grants				9	1,527		1,527	11,665
Other trading	activities			4	234,027		234,027	280,770
Total expenditure				14	496,502	138,626	635,128	759,934
Net income / (expenditore)					74,743	(48,573)	26,170	(181,236)
Gains / (losses)	on investment		assets
Realised					19,721	35,272	54,993	21,641
Unrealised				11	46,750	16,094	62,844	(213,075)
Net movement	in funds				141414	2,793	144,007	(372,670)
Fund balances brought		forward		14	3,265,049	955,088	4,220,137	4,592,807
Fund balances	carried	forward		14	3,406263	337,881	4,364,144	4,220,137

				Unrestricted	Restricted	Total	Total
			Notes	funds	funds	2023	2022
					f
Fixed assets
Tangible assets			10	644,906	39,301	684,207	576,054
Listed investments			11	1,819,403	846,442	2,665,845	2,734,653
Other investments			11	847,199		847,199	809,448
				3,311,508	885,743	4,197,251	4,120,155
Current assets
Debtors			12	90,546	36,552	127,098	22,806
Cash at bank and	in	hand		70,158	39,962	110,120	220,686
				160,704	76,514	237,218	243,492
Creditors: Amounts		falling due within	13	(65,949)	(4,376)	(70,325)	(143,510)
one year
Net current assets				94,755	72,138	166,893	99,982
Total assets less liabilities				3,406,263	957,881	4,364,144	4,220,137
Fund balances
Unrestricted funds;
General fund				2,559,064		2,559,064	2,455,601
Designated funds				847,199		847,199	809,448
Total unrestricted	funds		14	3,406,263		3,406,263	3,265,049
Restricted funds			14		957,881	957,881	955,088
Total funds			14	3,406/63	957,881	4,364,144	4,220,137

			Notes	2023	2022
Cash flows from operating		activities
Net movement in funds				144,007	(372,670)
Adjustments for:
Revaluation ofinvestments				(62,844)	213,075
Profit on sale ofinvesments				(54,993)	(21,641)
Depreciation			10	52,017	55,627
Changes in:
Trade and other debtors				(104,292)	(40,184)
Trade and other creditots				(73,185)	114,574
Cash used in operations				(99,290)	(51419)
Investment income receivable				(69,589)	(60,199)
Bank interest receivable				(629)	(498)
Net cash used in operating	activities			169,508)	111,916
Cash flows from iavesting		activities
Purchase offixed assets			10	(160,170)	(12,636)
Purchase ofinvestments			11	(404450)	(334,636)
Proceeds 1'rom sale ofinvestments				553,144	349,957
Investment income receivable				69,589	60,199
Bank interest receivable				629	498
Net cash from investing activities				58,942	63,382
Net (decrease)/increase in	cash and cash equivalents			(110,566)	(48,534)
Cash and cash equivalents at		beginning ofthe year		220,686	269420
Cash and cash equivaleats		at ead ofthe year		110,120	220,686

Income f	ror	u don	ations an	d legacies
				Rdlef ofPoverty	Trainlug th		Total	Total
				dk Other	Education	Preservation	2023	2022
						f
Donations				26,086	33,325	1,159	60,570	6,704
				26,086	33,325	1,159	60,570	6,704
Unrestricted		funds		26,086			26,086	2,056
Restricted	funds				33,325	1,159	34,484	4,648
				26,086	33,325	1,159	60,570	6,704
Income earned from other				activities
				Relief ofPoverty	Tralulag dr		Total	Total
				A Other	Education	Preservation	2023	2022
				g
Charitable	activities
Provision		ofsocial housiug		36,529			36,529	39,050
Tratlllllg	coulscs				445		445	3,060
Other charitable			activities	17,063	2,281		19,344	5,727
				53,592	2,726		56,318	47,837
Other trading		activities
Market rentals				466,245			466,245	450,313
				466,245			466,245	450,313
Investment	income
Investment		income		50,570	19,019		69,589	60,199
Bank interest				368	108	153	629	498
				50,938	19,127	153	70,218	60,697
Fundraising						7,947	7,947	13,147
						7,947	7,947	13,147
				570,775	21,853	8,100	600,728	571,994
Unrestricted		funds		545,159			545,159	517,176
Restricted	funds			25,616	21,853	8,100	55,569	54,818
				570,775	21,853	8,100	600,728	571,994

Curreniyear:			Housing	Ser34ee	Total	Total
			Management	Costs	2023	2022
			f	f
Salaries			4,029	46,337	50,366	55,858
Social security	costs		262	3,018	3,280	3445
Pension contributions			27	308	335	551
			4,318	49,663	53,981	59,654
Admnustration	expenses		14,435	166,001	180,436	230,968
Strutt k.Parker	management	fees		18,363	18,363	13,338
			23,753	234,027	252,730	303,960
Prior year:			Housing	Service	Total	Total
			Management	Costs	2022	2021
Salaries			4,457	51,401	55,858	49,393
Social security	costs		259	2,986	3,245	2,352
Pension contributions			44	507	551	1,582
			4,760	54,894	59,654	53,327
Administration	expenses		18,430	212,538	230,968	195,540
Strutt &Parker	management	fees		13,338	13,338	26,204
			23,190	280,770	303,960	275,071

				Relief of
				Poverty	Training A		Total	Total
				dr Other	Education	Preservation	2023	2022
				g	f	g	f
Fundraising						2,460	2,460	9,401
						2,460	2,460	9,401
Charitable activities
Apprentices k training			officers		29,727		29,727	97,969
Apprentices dt training costs Management k accommodation					33,845 10,427		33,845 10,427	26,886 15,181
Tmlnmg courses					447		447	3,808
Support costs:
Repairs and	maintenance			156,528			156,528	128,046
Other expenditure		on	property	64,186			64,186	52,451
Rates				7,516			7,516	6,015
Insurance				31,195	5,178		36,373	35,646
Depreciation					1,723		1,723	1,712
Sundry costs				5,865	2,620		8,485	36,344
Housing management			support	18,753			18,753	23,190
Governance	costs			15,759	13,345		29,104	30,850
				299,802	97,312		397,114	458,098
				299,802	97,312	2,460	399,574	467,499
Umestricted funds				260,948			260,948	252,256
Restricted funds				38,854	97,312	2,460	138,626	215243
				299,802	97,312	2,460	399,574	467,499

7)	Recharges	from	W	ater	mens Bal	l Lim	ited
							R8dlef of
							Poverty	Trabdng &		Total	Total
							&Other	Edaeatlon	Preservation	2023	2022
							f	f			f
	Included in	Housing		Management
	and Service	Costs
	Management		fees			4	83,283			83,283	93,894
	Accommodation			costs		4	36,622			36,622	81,174
	Included in	support		costs
	Management		fees					7,242		7,242	8,142
	Accommodation			costs				3,185		3,185	7,039
	Salaries and related			costs				29,727		29,727	97,969
							119,905	40,154		160059	288218
8)	Governance	costs
										Total	Total
										2023	2022
										f	f
	Audit fee									8,298	8,760
	Investment	management			fees					20,806	22,090
										29,104	30,850
	Unrestricted									15,759	16,681
	Restricted									13,345	14,169
										29,104	30,850
9)	Groats payable
										Total	Total
										2023	2022
											f
	Grants made during			the	year:
	Library Committee									1,527	11,665
	Unrestricted									1,527	11,665
	Restricted
										1,527	11,665

	Freehold	Freehold		Fixtures,
	housing	property	Motor	fittings	Compaay		Total	Total
	properties	Improvements	vehicles	A.plant	barge	Artefacts	2023	2022
	8			f.	8	8		8
Cost or valuation
At I July 2022	394/43	83,455	7,844	574,922	43,074	6/42	1,110,080	1,097,444
Additions		108/46		51,624			160,170	12,636
At 30June 2023	394r243	192,001	7,844	626,546	43,074	6,542	I@70,250	1,110,080
nepre eiltdou
At I July 2022	90,690	40,034	7,844	386,866	8/92		534,026	478399
Charge for the year	3~3	10,013		36,338	1,723		52,017	55,627
At 30June 2023	94,633	50,047	7,844	423404	10,315		586,043	534,026
Carylng amouat
At 30June 2023	299,610	141,954		203,342	32,759	6/42	684407	576,054
At 30 June 2022	303453	43,421		188,056	34,482	6,542	576,054	619,045

LIsted Investments			Total	Total
			2023	2022
Cost or valuation
At I July 2022			2,734,653	2,951,822
Additions			404,250	334,636
Disposals at cost or brought	forward	valuation	(498,151)	(328,316)
Revaluation			25,093	(223,489)
At 30June 2023			2,665,845	2,734,653
Net book value
At 30June 2023			2,665,845	2,744,653
At I July 2022			2,734,653	2,951,822
Umestricted			1,819,403	1,941,034
Restricted			846,442	793,619
			2665845	2734653

Other Investnrents —Extra Ordtnar)3-Repair fund- Destgnated	Total	Total
	2023	2022
Cost or valuation
At I July 2022	809,448	799,035
Revaluation	37,751	10,413
At 30June 2023	847,199	809,448
Net book value
At 30June 2023	847,199	800648
At I July 2022	809,448	799,035

Debtors
		2023	2022
			K
Trade debtors		10	723
Amounts due	from related parties (Note 15)	120,234	4,180
Prepayments	and accrued income	2,839	10,447
Other debtors		4,015	7,456
		127,098	22,806

Creditors	: amoun	n falling due within one year
			2023	2022
			f.
Trade creditors			28,712	5,896
Amounts	due to related parties (Note 15)		3,901	45,308
Taxation	aud social security		2,131	817
Accruals	and deferred mcome		33,599	90,014
Other creditors			1,982	1,475
			70,325	143,510
Deferred	lacome
			2023	2022
				f.
Deferred	income at I July 2022		50,141	10,496
Resources	deferred	in the period	8,809	50,100
Amounts	released	I'rom previous periods	(50,141)	(10,455)
Deferred	iucome at 30June 2023		8,809	511,141

14)	Funds
	Current year:			Total			Other gaJ22s I	'fetal
				2022	Income	Expenditure	Bosses)	2023
	Restsfetedfunds:
	a) Tour ofEast	London		4,151	1,565	(2,760)	620	3,576
	b) Dr Henman	initial investment		2,652	1,000	(1,763)	396	2,285
	c)Philip Henman Foundation-			35,435	13,359	(23,560)	5,299	30,533
	Other donations
	d) Mrs M Holt	legacy		104,128	39,254	(69429)	15,571	89,724
	e) John Dudin	Brown Trust		740,698	25,616	(38,854)	29,480	756,940
	f) Waterman 's	Hall Preservation	Trust	68,024	9,259	(2,460)	-	74,823
	Total restricted funds			955,088	90,053	(138,626)	51,366	957,881
	Unrestricted funds			3.265.049	577,245	7496,5027	66,471	3,406363
	Total funds			4,220,137	661,298	(635,128)	117,837	4,364,144

14)	Funds (continued)
	Prior year:		Total			Other galas /	Total
			2021		Kxpendlmre	Dos)res)	2022
						K
	ftesrr/cled funds. '
	a) Tour ofEast London		4,651	327	(82)	(745)	4,151
	b) Dr Henman initial investment		6,234	438	(3,021)	(999)	2,652
	c) Philip Henman Foundation-		83,317	5,849	(40,377)	(13,354)	35,435
	Other donations
	d) Mrs M Holt legacy		249,931	17,547	(123292)	(40,058)	104,128
	e) John Dudin Brown Trust		831,918	22,158	(39,070)	(74,308)	740,698
	fl Watermen 's Hall Preservation	Trust	64,278	13,147	(9,401)		68,024
	Total restricted funds		1,240,329	59,466	(215,243)	(129,464)	955,088
	Unrestricted funds		3,352,478	519432	(544,691)	(61,970)	3465,049
	Total funds		~592807	578698	4759934)	~)9)434)	4220)37

At the year-end the following	balances were outstanding:	balances were outstanding:	2023	2022
Due (to) the Company of	Waterman and Lightermen		(3,901)
Due from/(to) Watermens	Hall Limited		112,108	(45,308)
Due from The Company's	Poors Fund		8,126	4,180
During the year the material transactions with these related parties were:			2023	2022
Management costs recharged from The Company		ofWatermen	90,525	102,037
and Lighterman
Rowing Officer, Training	Officer and others		29,727	97,969
Accommodation costs recharged from Watermens		Hall Limited	39,807	88,213