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|Contents||Pa es|
|---|---|---|
|Trustees'
Annual
Report||3-6|
|Independent
Examiner's|Report to the Trustees||
|Statement of Financial Activities||8-9|
|Balance Sheet as at 31st|October 2022|10|
|Notes to the Accounts||11-14|
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|Registered|Address:|Mansion
House, London|Mansion
House, London|EC4N BBH|
|---|---|---|---|---|
|Patron (exofficio):||The Rt Hon. The Lord|Mayor||
|Trustees:||Julian Tregoning
(Chairman)|||
|||William Chapman|||
|||William
Charnley|||
|||HH Judge Anuja Dhir|KC||
|||Roddy Graham|||
|||Alderman
Tim Hailes|||
|||Jonathan
Nichols|||
|||Alderman
Sir Andrew|Parmley||
|Advisers:||Alderman
Sir Charles|Bowman||
|||Michael Byrne|||
|||Professor David Latchman|||
|||Nicholas Westgarth|||
|Secretary &Treasurer:||Neill O' Connor|||
|Independent|Examiner:|P K S Ewen FCA|||
|||Calders (1883)LLP|||
|||StVincent House|||
|||30Orange Street|||
|||London WC2H 7HF|||
|Bankers:||Lloyds Bank|||
|||70-71Cheapside|||
|||London
EC2V BEN|||
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|||Note|General|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2021-22|2020-21|
||||(E)|(f)|(E)|(E)|
|INCOMING
RESOURCES|||||||
|Livery Company
donations|||46,750||46,750|55,150|
|Past Masters'
Associations|||253||253||
|Lord Mayor's Appeal|||30,000||30,000|28,662|
|Al-Sabah
Foundation||||||30,000|
|Personal donations|||2,750||2,750|4,750|
|Interest ÷nd|income||5,109|14,812|19,921|14,032|
|TOTAL INCOMING|||84,862|14,812|99,674|132,594|
|RESOURCES EXPENDED|||||||
|Scholarships
awarded||5|(85,000)||(85,000)|(112,350)|
|Outgoing Secretary's fees &|||(21,137)||(21,137)|(18,368)|
|expenses|||||||
|Incoming Secretary|&|6|(2,000)||(2,000)||
|Treasurer's
fees|||||||
|Entertainment|||(1,100)||(1,100)||
|Scholars' expenses|||(661)||(661)|(1,952)|
|Independent
Examiner|||(1,860)||(1,860)|(1,140)|
|TOTAL EXPENDED|||(111,758)||(111,758)|(133,810)|
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||Note|General|Endowment|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|2021-22|2020-21|
|||(E)|(E)|(E)|(E)|
|NET INCOMING /||(26,896)|14,812|(12,084)|(1,216)|
|(OUTGOING) RESOURCES||||||
|Unrea lised Gains / (Losses) on||||||
|Investment
Assets||(16,269)|(47,051)|(63,320)|95,905|
|NET MOVEMENT
IN FUNDS||(43,165)|(32,239)|(75,404)|94,689|
|Funds Brought Forward
1"November 2021||201,130|569,906|771,036|676,347|
|Funds Carried
Forward||157,965|537,667|695,632|771,036|
|31"October 2022||||||
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||||||(Note2)|
|---|---|---|---|---|---|
||||||Restated|
||||Note|2022|2021|
|||||(E)|(E)|
|Investments||||676,158|739,478|
|Current Assets||||||
|Cash at Bank||||74,314|85,842|
|Cash at CCLA||||710|706|
|Debtors|||||8,000|
|Current
Liabilities||||||
|Creditors|||8|(55,550)|(62,990)|
|NET ASSETS||||695,632|771,036|
|~RS
ted|6:|||||
|Income Fund|(Unrestricted)|||157,965|201,130|
|The Richard|Nichols Endowment|Fund||537,667|569,906|
|TOTAL FUNDS||||695,632|771,036|
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|Actuaries||61,000|International|Bankers|f5,000|
|---|---|---|---|---|---|
|Apothecaries||61,250|Ironmongers||61,000|
|Barbers||6750|Leathersellers||f3,000|
|Builders Merchants||6500|Marketors||f500|
|Chartered|Accountants|E1,500|Merchant Taylors||E5,000|
|Constructors||E1,000|Paviors||6500|
|Drapers||66,000|Salters||F2,000|
|Dyers||E2,000|Skinners||6250|
|Engineers||E1,000|Solicitors||E1,000|
|Farriers||6600|Tax Advisers||f500|
|Fishmongers||E1,400|Tin Plate Workers||f500|
|G lovers
Goldsmiths||61,000
f3,000|Turne rs
Woolmen||E2,000
61,000|
|Grocers||65,000|World Traders||f500|
|Insure rs||66,000||||
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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|shl
N|dC|t|Ul*|ltl|||Course||||
|BRAZIL:|||Queen|Mary—|||Master's|in Banking|&Finance||
|Andre Andrade|||University ofLondon||||||||
|CHILE:|||Queen's|University,||Belfast|Master's|in Sustainable|||
|Daniela
Nilo|||||||Development||||
|INDIA:|||University
College, London||||Master's|in Management||Ik|
|Love Jain|||||||Finance||||
|INDIA:|||Bayes Business||School—||Master's|in Finance|||
|Monik Mehta|||City University,||London||||||
|MEXICO:|||London|School|of Economics||Master's|in Applied|Social|Data|
|Luis Cruz|||||||Science||||
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|||||Market|Market|Gain /|
|---|---|---|---|---|---|---|
|||||Value at|Value at|(Loss) in|
|||||31.10.22|31.10.21|Market|
|||||||Value|
|||||||2021-22|
|COIF —Investment||account||173,398|189,667|(16,269)|
|COIF —Richard|Nichols Endowment||Fund|502,760|549,811|(47,051)|
|Total||||676,158|739,478|(63,320)|
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||||General|Endowment|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds||
|Investments|||173,398|502,760|676,158|
|Cash at Bank||||||
|Year-end
bank balances restated to||||||
|calculate true general/|endowment|elements||||
|Lloyds current& deposit accounts|||40,117||40,117|
|Lloyds endowment|account|||34,197|34,197|
|Cash on deposit with CCLA||||710|710|
|Net Creditors|||(55,550)||(55,550)|
|Total|||157,965|537,667|695,632|