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|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|
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||||||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|
##
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|||||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|
##
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||||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|
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|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|
##
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##
||||||||
|---|---|---|---|---|---|---|
|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|
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|||||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|
##
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##
##
|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|
##
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