Comp•ny P4th Df137934 Charlty 1143XK THE GLAZIERS, FOUP4DATION ACornpaTrv LirNt•d by Guarantee IR•wtered thwity No. 11437¢JOI IIEIIORT ANO ANAMO STATEMEpirs FOR ThE ENI)EO XI NOVEM&EA 1024 l•d lov 4 Co I P*knni NO$t Yard
THEGLAZIERS, FOUNDATION (Cp•V nfAfflbef: 077379341 l(hwlty nwnb•r 11437001 Pryetsl Ch*irrnan's Rty¥ort Tru¥lw5' Rwort IlrKorpura the DirectTh5' Report) 9-19 Ind•pend•nt Ex•minerfs Rfjr lo th•Tru¥t¢es of 7heGJ•iiers' FouDd•tvJ 20 Stalement of Financill Artiwit 21 $Wrn¥ry Income •r•d Expendi<ureAccou 21 B•lanee Sheét 23 14ote5 to k¢oun¢s 24-36
TlfEGiA21ERS' FOUNDATKIt4 IComp•y numbÈr. m379341 lthwlty NThber 1143 CHAIRMANS REPORT During thè last Yearth•Trtees ha¥e¢OntInLd to strtle wtth dwindling funds and lack ofsupp)rt from parts of the LNery. Dlseusslons ha¥• continued aboutwhich ar•asof supwrtforthe crdft shouk scaled back or even abandoned compe1¥. These havè not b••n •asy con¥eTSatlons all hab merit and contlnulng all of them wswld Ixnefft the stained glass community and the ¢rnft In some w•y. The fccus has been m3inly on th• work ind r•sponsibilitles of the Education and Tralning Committee Iwrci. which 15 •merli ès th• Charity's dcninant commrtt•e. This r•t7•¢ts th• •dvic• w• hive been v•n thatèducatKJn-bas•d initiatives are theone5 most liketytoattrxtfinancialsupportfromoutsid• of the Ltry. The Trtsst••s took a de¢iskJn early in 2025, t¢¢•th•r with th• Worshspful Comwny, to chan inv•stm•nt mana8•rs. which hopèful will h•lp to Improve the fi1•1 situatl¢)n t)v•r tlm•. As will the plan to seek la1 athce atout d•-restrktlng some of the Chartys fvnds. These arv I$ that were set up to supp)rt actNiti•s that arn not nu4V •5 Tvant as th•y were wh•n th•ir b•n•f•rtors crate(I th•m. If it proves l$$Ible ts Irft th• f•StrKtnS •ft•r consutn wlth th• Chadty Comrni5sion the mon•y can th•n be used to fmanc• h•r areas that desperat•ty n•¢d •n Iner••s• In financl•l support. The Stiin•d Glass Rtp)sltory continu•s its wort Inclwlin8 dulinq with the Worshipful Ccffipany's legacv of th• Sh•rborne Glass. The A•Ory contlnues to attr4rt donatKns from Its lon4 t•rm supporters. and li is hoped tt thls will contlnu?. Th• Glazlers'TnJstCommitt•• is still deal[ wlth r•qwstsforirtntstoasslst wlth r•storatk>n proj•cts but 15 doin8 so wlth •n •v•r.r•dwini w>1 of morrty. This is one of th• ar•a5 that 15 'und•r thr••V because of a lack of avaiiatrAe flnance. Discussions •re now bein8 had tos•• If a strabtIOrW4rd irnnL nowad•ys oft•n a tiny Ferntale of the totsl reqtslred. is the b•st way of dlslrfbini th• avail•b fvnds. Posslbty 11 Wld b• better to have • r•vls•d slmplèr applkatlon process Wrth a focus OTr helpini to pay for conseNation rewrts, r•th•rthan m)kiw • small grant tcMJrdsth c05t of an ¢ntlr• prol•ct. Thls would have the •dditional benefft of I•d1n( the admlnlstrntion rn+ and cort. One ot the Charitvs oth•r r•swnslbiltties is th• care of th• Worshipfvl Compan¢5 cutter, The Ma5t•r Glazier. Whllst ther• are tur+d5 availableto keèp tho bt'allO3V, ther• 5•em5 to be r¢duclrvd interest In tts future amonist th• LNery. cutter h•$ b•en berthed at the AHOY Centre for a nwnber of ars. but a Change of m•nai•rn•nt and attItle just browht that arraement to In •nd. Th• Honorary B•rBema5ter stepped down some tbme aio. but he has had to rt•p back up 05 TrJ la5tini replacement could be found. Th• w1h1o1 a penn•ntnt n•w Bariemart•rcontiDws wth c4ndldat•s frtyn outsidè the Li¥er¥ now beir¥ considered. Examples ofth Charit¢s work are detailed on the f0low1r yges. dwnon51r*inB h¢)w much Its work is appreciated by the wide rnnie ot people and ov¥onr5Otions that the Charity M•ks to •sslst. A fuller ac a1•$ ov•r the last yearcan be fDund in th•TNstws' R•p)rt on palès 9 to 19. Chalrman
THE GLAZIERS. FOUNDATK)N I(panY number. 077379341 {th4rlty nurnb•r. 11437Tr)1 CHAtRMAN'S REPORT {¢ontlnuedl Stevens Ctynpe¥tlon 2024 Th• 2024 wmp•tition r•quir4d entrants to des¥n an architectural il)ss panel to installe(l in the dinin8 room of the 0tal Club in the West End of London. The panel. which will be instslled within light tx, will celebrate the bent*rtèry of the club's fomatlon. Exh •ntrani submitted an ovèrall dèsign lat Small seatel and also a ilass panel lof a sertion of the design, made to full size). After a lengthy discussion. th• panel chos• an •ntry Sarnh Knwdhton as the First Prlz• Wlnn•r and the winner of the prize for craftsmanship. Ik. 'IliiiJ.I, The panel15huwn aLwl wis stnknni foi its combin•tion of a he• compkx frame with delKote glass paintln¢. The pri2e ft>rthe wesentath?n 0fthe1rdl1ft was •w•th to Jes5k• Lamblnet for her 1 beknw.
ThE sl£$. FOUNDATION (Company number. 077379341 Ichaflty number. I1437(1) CHAIRMAP4S REPORT Icontlnued) Stevens Competltlon 2024 IcoTrttnuedl Tht Orbental Club subsequently sected panel Cathy L•e as their w•ferred d•sign as It incorporated images of Pnts native to Indkni and the decision was taken to commisston Cathy to produce and install her desryn Inio the rtdettrated dinin8 rts)m. All Salnts North Street, Ytyk- Restor•tlon Grant This church h particularly not•d for Its sth•m• of 13 exceptional windows cont•inini m•dlw•l stain•d Ilass. Funds wM requested for the conservation Ind environmèntal protectTr of the-corpornl Acts of Merrf window and the -Prick• of Constlenc•" wind¢)w. Commenting on the grani from The Glaziers. Found•tion, David Trt¢hener S•KI -many thanks to the Glaziers. frust for this qenerou5 owgrd. I gm Irwore gf your limitedlunds, mokes our oword even rn0 51qnificant. Ple¢J5e convey our thonks ro the Trust for this qronv and his colleague Jcel Burden -This is super news. Pleose Convey our thonks to the Trustees. tt met7n5 o qreot deol to hove been suttessfvl with ouropplictitionlollowinty the support shown lost yeor ond nowing thot you hove had suth a demand on the Trust's limited resources in th round.- ill
ThE GLA21EAS' FOUNDATION Icomwy number 077379341 l(harlty numbw. 11437WI CHAIRMAN'S REPORT Icontlnuedl St Anselm's RC ll1th. Penyry Kent- Restor•iiM Grant The window, depiciinl St Peter coming to the Lord •nd mad• by Heaton, BUtr aTrd Bayne in 1923. was donated by iht Stsined Glass Repositoryto StAnsèlm's in 2018. It wasoriiinally instslled in St Andrev/s Church. Portslade, Su55ex to Commelrat¢ Edward f ren¢h who10st his life a5 a 5ervinB naval officer on IIMS Good Hope in the First World War 8attk of Coronel in the South Atlantic in 1914. When St AndreWs wa5 converted into a community centre ITr 2¢X4, many HB&B windows were removed and subsequently taken into the care of thè R•posttory. F•th•r Nicholas Levisi•ur and Fath•r Ed Tomlinson. the priests responsible for S*ttin8 up St Ans•lm's. wonted to emtellish their church with stained glass and found this lovety window in our online ¢atatoRue. They were thrilled that arrangernents were a¢ lo be made for the window to bè donated to their thureh. and it was a proLbd momeni for all wh•n th• window. inst•ll•d above the altar, was dedicat by the Rt Revd Paul Mason. Ass1Stant 8ishop lo thè Archdiocese ol Southwark. This was witnes5•d by a ICX) plus con8f•8•lion which inclLKl•d s•v•r•l Rep05rtory committeè m•mbèrs and Ot15 from th• ury. Scott Pol¥r Aue•rth Insutute, Cambddle Profesyjr Julian Dowdèsw•ll. SPRI Dlr•ctor wrot• to th• Chalrni•n of th• Stalnèd Glass Rewsitory Committ••.' -1 om pleased to offer a donation of £I,CW to the Glaz15, Foundotion on bthau OA the Scott Polar Reseorch Institute In recognition of the kind qrftfrom the Stoined Gloss Repository of the 1924 Coptoin Scott. stoined gloss memoriul windowfrom the Emmanuel Church. Exeter. rhe gfft of the memoriol wlndow Is o very tlmety one In our centenary yeor. The SPRI was oriqinollylounded in memory OA Coptuln S¢ott ond the men wh? perished wtth him in 1912, 05 o centre gf leorninq on the Polar Reqions. ond it is our intention to install the wlndow in o prominent po51tn on the site ro Inspirefvture Qenerotiorts of polor researchen. fhank you once aqoin for thinklng ol the Scott Poknr Reseurth Institute In thts instance. It will be our pleosure to contoct you oquin in the ljopefully not too dtstont fvture to invite you ond your colleuques to vtew the window once It has iyen suftly inrtalled at the Instltute."
THE GLNIIEIIS. FOUNDATh)N I(1p•nY number. 077379341 iamrity number. 11437Tr)) CHAIRMAN'S REPORT {contlnuedl The Stslned Glass Museum. Ely, CambrldBeshlre Th• Foundation SUPForts the 5tain•d Glass Museum located in E Cathedral with an annual grnnt. The Museum 15 th• only one in the UK dedicated solely to stained glas5. and it hou5è5 an inspiTrtson?I collecth)n. spannin8 more than 8CQ year5 from early medieval time5 thrOh to the Flfes•nt today. In 2018 the Museum celebrated it5 40th Anniversary and was honournd wrth • ¥isf( from its Patron, th• then HAH Prince of Waks, now King Charl•s 111. s••ft here bein8 Shown a panel from the Museum'5 coll•¢tion. The Gl*5erf Edycatlon Partnershlp IGEP) Southwark leSOn Boardof Ellumtion (Lli¢xesan Schootsj The focus for th• GEP'5 2024 proieet'S••in8Throuih Our Eyès. was hom•lessness and sS•epini rouih and involv•d Students frorn Chrisvs School. Richmond and St Bed•'s School, Redhill. Shown b•low ss an im)geof stained glass artist Hen Russell worklnlwith students from St B•d•'s durlnA an in-school workshop.
THE GiAZIERS' FOUNOATION {Cp•¥ number 077379341 (Chath number 114371X>I CHAIRMAN'S REPORT Icmtlnued) The Gllerf Educatlon Pwtnershlp16EPI {¢Mtlnued) Southwork Dioreson 8oordolEducation IDiocesan Sclrookj l(ortinuedJ main hi&hlight of the project and the xperienees about which th• stlents and their tuch•rs •nthused w•re their two d•y worksh¢)ps at the Reynti•ns Glass St(Jio, Worki alongside their inspirntional teacher. renowned stsined 8la55 artist and current Master Glazr. john IleYntn5 MBE. Elements of every studenys desiin were then incorpornted into J sinKle stsined glass panel by the artists on th• R•ynti•ns Glèss Studio t•am. Th•completed panel is shown to the left and an imale of the laun¢h of the ne1 in the retro cholr of Southwark CathedTrl 15 shown below with John Reyntiens second from th• ft and GEP chairmjn, Andy Lane, end rtqht. Illl ¥..K Schools workshop prooromme Thè pro8rdmme of one day wLvk5hw contiTr in 2024. taki in xho(As in Andoverand Winchester. A key 35PÈet of sets ofworkshop5 wa5 the participatb)n of SEN Ispecial dat)n ed51 pupSls. Donations from several indNidual GIalr$ m•d• to the FoundatKJn funded the WOfk5hops. whl¢h were led by art15t. Sophie Hacker.
THE fuiiEAS' FOUNOATION IC•mp•ny nUmr 077379341 iaHrity number 11437001 CHAIRMAN'S REPORT Iconllnued) The GIley5, edalr P•trershlp IGEPI I¢11ned) Schools workshop PToqramme {continuedJ Below ar• ima£es of a workshop und•r w•y at Mark Way School. Andulerand a worksh¢)p comlni to an end at Kinis, School, Winchester. •9 S* 47
ThE 6LAiIERS' FOiINOATK)N It4n¥ number: 077379341 l(hwliy nuffiber: 114J70DI TAUSTEES. REPORT IINCORPORAIINfj TIE DIIEcfois' REPOAT) The Trustee5, who are also direct¢)fS for th• pse5 of the compon Act 2006, present their ann1 rÈF together with the financial statements for the y•ar •nd•d 30th November 2024. Constitytlm 4nd tharftable obJe£ts The Glazl•rs' Foundation was irKorp)rat¢d on Ilth Aiqust 2011 a t4)mpaThy Ilmlt•d by iuarnnt•• and not having a Share capltal and is ¥•m•d its Memorjndum and Artic$ of Asso¢i•iion. Th Company's re8istrntion numb•r 1$ 07737934. The Company was riStered with the Charity Commh55ion fDr Eland and Wale5 a5 a charTty wlth effd from nh S•pt•mber 2011. urthr wistrètiDn number I1437. Th• Glazi•r< Foundatlon's ¢harftsbl• otr¥'•cts arn: 11 Th• adv•n¢•m•nt of education of the public in the art and 5cièn¢e of hlstork and ¢ontemKorary palnted. stained, decorated •r¢httertural ind StrtUrnI gk1$5 and ilass mosaks and the development of public •ppr¢ciation of such art lrfludln8 bv: •) th• prov15ionand pr•s•r¥•tion offiM•x•rnpknsof guch•rt In plx4swh•r•th•ym•y b• w•n by m•mb•rs of th• wblk. bl th• provision d rèposltory forth• {¢ •nd storay of m•rItoru$ •x•mpl•sd su¢h •rt •t rf$k of loss or dama¢•; cl th• r•4oc•tlon or of SI1•d Ilass In suitabl• bulkdlny lindudlry thom ot htstortul or rchitectural Interest) to whi¢h th• publle ha xc•ss,- d) th• m•intalninK of a Ilbrary or Ilbrnri•s of books, Jwrnals •nd m•tsri•ls asxxlit•d wbth such art.. Ind •> further1 9¢•r¢h Into and th• stuth of such •rt th1oh any m••ns th• Trust••S 5•• fit. 111 At th• TNstee5' absolut• discr•tth. to advance •ny oth•r charlt•bl• pwpos• for b•n•fft of the publk, includini but not limlted to. relief of pov•rty. distr•ss •rKI skknes5 IpJrtlcularty am05t those eTrgaKed In decoratlve Ilass making and relèted tfad•s and th•lr d•pend•ntsl and th• prry1$n of faciliti for r•creation nd other leisure-tlme o¢C(ptn In the internsts cf wci•l welf•r• wlth th• •lm of Improvin¢ th• ¢ondrtlons of life of th05• who hwe need of such facilltS•s. Th• Trust••s confirm that In settlw th•lr obiecthts and plaDnlry4 their activit1•5. hav• iF4•n du• rqynl to ¥uidance publish•d by t Ch•rity Commssion, In¢lwJltY 4uldanc• on publ b•n•frt. Or8anlsatlon and d•chlon mlklni Th• Ghzi•rs' Foundatlon was cr•at•d the brlrY4loq towherof a nwrtxrgf fDrnercharitable #ntit1•5 S•t up at various times byth• Worshlpful Company of GI•zirs and P•intèrs of fjl•ss. A M•morandum of A4rnem•nt dated 21st Nav•mlxr 2011 was made bets¥een th• Found•tlon. th• Worshipful Compjny and the formerch•rfts. These fOrnr char1•$ wer•.. The Gkiier5' Trust The L¢ThJon St•5ned Gknss ReF4)5itory Th• Gl•zi•r5' CuiterTru>t
THE GLAiIER5' FOiINDAmN ICtynp•n¥ number. 07737934) I(IMrlty urnb•r: I17(A)I TRUSTEES, REPORTONCORPORATr46THE DIREcfoRs' REPOAn{tothxj The Memordndum sets out tht remits of the ¥aFiOW cornmitt•e5 of tht FouYKl•th)n whlch has taken over the Work of these fonner charitles. namety the Glazierf Trust Committee. the London Stained Glass Repository Committee and the CutterTt Commrttet. In 2019. th• London Stained Gl8s$ Rewsitorychanzed f£s name to the Stained Glass Repository to reflect the charqe in ILxatKJn. as it was no longer based In London. By agreement with the Ch4rtty Commission, the Gla1, Charty ftsr Relkf In No•d w•$ also broh1 Into the Foundation. to8•th•r wh th• Master Gla1$ Charitable Fd, pr•VU5fy set up •$ a fJ4F &ank Trust Fund. Additionilly. the Craft and ComFetitions Ccrfnmittet. forftrly • committ•• of the W0h1p1 Company, was transferred to the Foundatlon. The work ot this committee was printlplfy conc•fn•d with the dlscharglrya of projects supportini th• cr•ft and utilisin8 charitable fvnds of the Folthdation. but duriry4 2023 it was replaced by the Educatlon and Trainini Committee. This committee's obje¢tNe is to exploro • wthway for asp5rlng students to understand the fundaments15 of the craft. experience and de¥ek)p the b•sic skills needed for a Fotsntlal car••r In stalned ilass and ultirnatety demonstf4te a levd rjf èxperti so that they Can be accepted to work in pr0ft5slonil 5tLk4v)s. Mertiershlp Tnjstees Th• m•mb•rsof th• ch•ritsbl• corry?ny •r• th•Trust••s and dir•ttors. Th•r• ar• thr•••¥ficTn¥te¢s, (nI the Mast•T and Wirderts forth¢ Ilme b¢iw of th Worshipfvl Company of Glaziers and Paint•r5 of Glass. Th•r• is è MlmuM of nine elected Trust••s. nominated •nd ele¢t•d * th• rn•mb•r4 and ipprty•d by th• Court of th• Company, and up t¢ ihrn furth¢rTrust••S Co-opted by the Trustees. Meettnp and reportlnl Durlng y•ar th• Trust••s hw• m•tfour tirn in ¢thr la ¢ofttth• busin•Hcf the FOdatIon. fh•various committ••s •xh moot at re£ularlnteryJls inorderto managethe a$cts01 the work of th• Found)tlon f¢rwhl¢h th•y •rn resw>Dsibl•. Th• ch•irmen of thewmmltt••s provh4• written rewrts for each me•tin¥ of the Tru5te•s. A•Bulaf fewts ar• also made by th• Foundion toth Courtofthe Worshipful Company of Glaziers and Paint•rs of Gl•ss. Whllst the Worshipfvl Company does not in any 5•n5e hav• r•sFonslbility for dictatini p)licy for th• Foundation, k Is important that it Is ful Infcml atr>Jtthwork of the Found•tKJn arrt able towork ¢losetywTrth the Foundation Sn Jrea5 of MMon Int•r•st. 8•)k•rs CAF Bank Limited, 25 Kin¢s Hill Av•nue. West M?Ilin& K•n( ME19 4JQ Account•Trts and Ind•pffid•nt Ewnlnen Leonard Jones & Co.. I PriHtin8 House Yard. London E2 7PR InvesbnentAd¥hers Ravenscroft. The Singing Men's Ch3mber5. 19 Min5 6ter Precincts. PttèrtrL)rough. PEIIXX CCLI Invesnt Managemer*t Limlted l Ang•l Lan• London EC4R 3AB io
THE GiNZIEKS' FoUNDAN IC&¥npwry nurthr on37934} (Charmy numb•r.' I1437) TRUSTEE5' REPORTIINCORPORATINGTHE DIREcfoRS' REPORn{t•nthN Trnstees The Trustees, who are also Dir•dows of th• ¢harit•bl• mPaThy. who served durknK the year and Sub$eqLnt, were.. Mr. S. J. Graham Mr. P. F. 8. B•esl•v Sir Strtj. Etherfnglon Elected Trustée and Chaimian Elert¢d Trust¢¢ and Chairnwn Ir•tlr•d 10 Jufi• 20241 ctr0pted1Ected ind Deputyth•lmwn l)pwlnt•d •$ Coptsd Trurtee 10 June 2024. retifed •nd •ppointed as Elert Trust•e and Deputy Chairn)an 11 November 20241 Elerted Trust• and S•crntrry Elected Trustee and Tre45w¢r Mr. A. T Aplln Mr. R. A. Oettln50n Mr. C. M. L. Osbarne EX-officTrustee lrntired 30 NvMmb•r 20241 Ex-offi¢bTrust•• Mr. l. Reyntiens Mr. T. J. McNally MI. H. Whittaker Ex-officio Trustee Cx>ptedlExdkk Trustee (appointed is CTropted Tnjstse 10 lun• 2024. r•tir•d and appolnteil •$ Ex-olfKiti Trust•• l Ooc•mber 20241 Elected TnJst•• El•¢t•d Trtte l•pFvifitèd IOJut)• 20241 Co-OPtedlEl•¢t•d Trustee Iretirtd as Ctropt•d Trust•• •nd app)Int•d Is El•ct•d Trustee 11 Novemb•f 20241 Ctropt•d Truste• lappoSnt•d 10 Jun• 20241 Eb•cted Truste• Ir¢tlr•d 11 Nornr 20241 Cmptsd TnJstee l•ppoint•d 10 June 20241 Co-opted Tntst•• Ehct•d Trust¢• (retired 11 Nwmb•r 20241 Mr. M. N. Daon Mr. P. R. Hlld•brnnd Mr. A. R. Lan• Mr. M. A. Lelth Mrj. V. Lester M5. R. M. Mulliian Mr. F. D. Smill Mr.T. M. Wrht Th• Trust•es arè a0 Memb•rs of the ch¥ritabl* company. Th• charitable comnY is lirnit•d * Int¥¢ and does not have a share capital. In th• event tt the chorlty were to be di550fved while a memtwjr r•maln$ m•mt•r, or within one year aft•ards. every memb•r ha5 aireed to contribute up to £1 towa5 th• costs of dlssolutlon and th• liabilities incurred the charitable comptny. Th• Comwny Secretary is Mr. T. Alft. R•¥iew of A¢tl¥lVes The Trustees maintain 3n orrdnisational strwture whKh enab$ thtm io manage the WIde-rann¥ remf( of the Foundation. In partitLdar. they are responsible for thÈ consd(dated investment tund for all the caprtal a55et5 of the Foundation. From ihis fvnd investment incorre distribLtted io th• varlou5 restrict•d funds. Howev•r, the malority of the Foundation's incomè com•s from other source5. prirKipally from donatn$ and legacies. The Trust¢95, togeih•rwith the FOuTrJatjn'scornmitteeS,then utilssethe incom•todischar8•thelr5pe¢ffjc ¢haritablè otriectes. More detalled r•vi•ws ol the activiiiés of eath ¢¢)mmittee and fund during the period foll(rw.
THE GLAZIERS. FOUNDATTh4 ICThnpwry TrUber. 077a79341 l(Jlty numbtt.. 11437rKIl TRUSTEES. REPORTONCOIIPORAIING THE DIAECTOAS. REPORT)1(rt Rovlew of A¢tl¥ltlttlcortknued As Is standard. durlrq the last financial year the Comm(ttee met rern0te tsvKe, in Sprini (Mayl and Autumn INovembÈrl. Although thèr was a very hi¢h ¥olum• af enquiries. and a ktt of preUld4n di5pen5ed, the Trust only had th• re50urcqs lo shortli5t and asslst a small handful of stained 4lass consewvatKn works. The fundlni horizon Is In 8eneTrl more dMc4rft thjn ever fDr h•rlt¥• woi•cts. maklry the irants awaed by the Glaziers. Trust all th• moi• cnKkll. In May. projects costing in•xc•ssof £ICQ.OCQw•r• wn5idered Iihe stsined K1•55 contractorf5 W5ts gnly, [t0th•r necessary project costs swh as scaffoldin8 or architectrs feesl, and irnnts totslllni £5,0) were pro¥id•d to SUCC•ssful applicants. In N¢v•mber, projerts COStlnz In x¢ess of £375.CfJO werè dlscuss•d. A total sum of £6,500 was dispènsed. AlthouRh thè irnnt•akl off•r•d th• GIl•r$ Trust rnpr•sents a small FXrtlon ot the costs of important sla1151 projects of thi5 kind, the KTrnts Jre still very much •ppre¢iat•d •nd help appliunts •ttr•rt fiJrth•r funds. Grants totallln¢ £11,500 w•re th•rnfor• •ward•d In 2024, comwr•d to £9.250 in the previous y•ar. The d•pth •nd br••dtb of •wards iiv•n was vast. and a ireat number ol•¥citinL worthwhllt and pr•stlKk•us prol•cts wer• supported. 1$ folknws.. a thlrteenth<entury wlndow It St Mary the Viryin. Hjstinileiih, Kènt was ¢fven E2.orM) towards th•ir taryet. Llkewlse. the thlrteenth-centwy window at All Saints, North Moreton, Oxfordshir• wa$ •ward•d th• sam• sum of £2.CLYI. Acollection of medrv•l frrfm•nts It St Mary, Stlisfi•ld. K•nt r•c•r¥•d £1,000 towards th•ir fundini ioal Ind • fifteenthoniury wlr¥Jow at 51 Wlnnow. Losts¥ithi•l, Cornwall, lot £LSCQ. A medieval fr¥mnt window •t 8lanchland Abb•y in BLinchland. Northumberfand was also 1tr4•n £1SCI). A fift••ftth•C•ntury window at Hdy Trlnity. Long Melfor(I, Suffolk was irjnted £l.IhX). as wis a sixt••nth<•ntury wlndow at St Michael l• B•lfr•y, York. Fimlly. • nin•t••nth-c•nturywindty4 It 5t Geory• In ShlmpllnL suffolk was also award•d £l.000. Th• Moat Memorthl- liven to the m05t oulst•ndirv4 Op1c3t1on - wa5 Jwjrded to Bl•n¢hland Abbey for th• Cons•rvatn report aut[•d by the York G$ Trust. Thi5 8aV• th• parish •n addlDn•1 £500 t4y•4ards thelr pro¢1, •n a¢colad• which th• applK•nts imm•d1•t• u¥¢d in I1t $th$uentIuftd[ appllcitlons and In I fundratsin¢ posters. Or. Marie Grdl- S•cr•tsry The Educ0Uon ond Trnlnlng Commltt• (EATCI 5tev•ns Com Itkin 2024 Thss •rf$ Comp•lition r•quir•d •ntr•nt5 todesrin an •rchlte¢tural 8l•ss paft to be Inrtalled in the dlnin8 rcorn of the Ortental Club in the West End of London.Th• panel. which is to be install•d within a li8ht tK, will Celebrate th• bicentenary of the club'5 formation. Each entrnnt submitted an o¥•rall desi8n small scale) and ab50 a 8la55 panel lof 3 5ertion of the desrgn. made to fijll size). Ori•ntal Club was cr•itd in 1824 to wovide a méètin plaee In London for~•ll peisonswlKS ha¥e reSd ortravelled or whose offlcial SatIon connerts them with ihJt quarter of the iloke IlThJr•, China and the Asiatkr. Th• format of the Ste¥en5 CompetrÉ•)n was char¥ed for 2024. Refitttr"n8 the redtr)n of fyrth•red(*at5on courses in stained ilass, it was decided to irNite the winners of th• competition Sin 2016, tcwher with artlsts who had won Commissn5 during the period. to submlt a desp4n for the panel. FNe entrie5were r•cetved and 12
THE 6LAiIERS' FOUNDATION IC¢Nnpany number. on379341 iamrhy nurnber. 114371x1) TRLISTEfS' RElRT(INCORp0RATGTHE DIRECTORS. IIEPORT>{i•ntln¥•dl Rvllfftv ol Acll¥l•sluxrtinu•d) The Edv¢odon ortd Cwnmfttw (E&TCI examlned by a panel af I15 and after a len8thy disCu)n the panel choge an enty S4rah Knishton as the First Pri2• Winner and th• winn•r d the prize for CFaftsmanship. The panel wa5 striking for its combination of • hea complex frame with deltcate ilass paintin¢. The priz• for the pr•sentstk)n of their d•siin was award•d to jessica Lamblnet. RepieseDtatNes of th• Orlental Club who had been unable to attend the Ju1n8 day were In¥ed to vlew the entries a fewday5 lattr. They qukkty (d•ntlfléd the pan•1 by Cathy L•• asthelrpreferred d•slqn as li InGoTporni¢d im4es of plants natfve to IndLI Into its desiin. After further dlscussk>ns with club members. Ihe decision w•5 t•k•n to commiss)n Crthy w prod• and instsll h•r d•siin into th• n•wty r•dwnrat•d dinir room. Th The Lever winner In 2023. Polfy ThomasUqulh)un. has thorou¢hly used her •w•rd to tmel widely, her placements co¥erlni many presti1uS UK and European rtLKlk)s and Prncllslni artl$ts. In¢lUdI B•rl•y %ydlos, Canterbury C•th¢dnl Studios. R•yntlens StLKlb, HoM¥•ll G5$ and Bir¥it Verplank•. In 2024, th•r• w•r• 11 •liiible applkatlons torth• work plK•m•nt •vnrds. Sfvortlistini whtttl•d th•s• •pplk•nts down to a field of 7 vèry Strts candldates. After mh deliberatKM by th• •xp•rt wn•l, two •rdS w•r• mod•. The Lmr Award wjs li to H•nMh R•ms•y •nd the Ashton Hlll Aw•rd w•5 Rrlen to Honn•h J¢)rdèn. Southwa Dfo¢esot) 8oordolEducation IDlocesonSoloolsJ Our I5 ft>r the 2024 prolect'Se•lni Thro¢4h Our E. was homelessne and sleeW rouih. At the laurKh of th• project, 26 Y•ar 9 Art & Desi Students from Chrisvs 5ehoc+l. Richmond and si Bede's. R•dhS11 •xperl•nced hard-hlttlnl wesentation in Southwark Cathedral L••rnlry C•ntr•, liven by Rob•8 • Charitable Incorporited Oryonlsatlon ICIOI Ihat has been ser4lw thos•experienclni homelessnes5 Sn sQhWark and Lambeth slnce 20)7. ThL% introduttory s¢sslon •n8ag•d t youn8 people, thrOh a ranie of actF4itie5. in the irim rnalitie5 of Irf• on the streets for rowh sleepers and t1•ted thlr understandin$ of home$$ne$S to a new 1 that would s•• them for an ahentiC and intimate relationships with iheir de$i¢ns on thls topic. They were particularly struck * the Invisibility and vulnerability tsf rOh $tr$, bythetr MIStrernent byfèllow human bel5 and the fart that many were youni people. Also ty the varied and complex ways •Dd issues that cause p•opl• to •nd up homekss. Th•ir 5ubsequ•nt xtlyftles Indud•d • iukl•d tour of the Victoria & Albert Museum's tthn5Ne hi5tortC 5tsined lass èrt colletion, focusing on topi¢s linked with the trement. over time. of peoF4e on the marKhn5 of society through deprivation and pm. in varhyjs contTr5ty'ni charitabkn •TrJ dsFQtK ways. The highlight and the •xperiences atrnut which thè students and thèlr tèachèrs ènthused. how*v•r. wère their o day workshops atthe Reynt$GIas5stud40.wTe focusturned to the practbceof desi¥nin$ and creati 13
THE GtAZlER5'FOUNDATTh4 Icompwry nuThbEr 077379341 lthrlty humbÈt.' 11437fy11 TRUSTEES. REPORT(114CORPOIIAIING THE DIRÉCTOAS. AEPORTII(•rt R•vl•w of ktl¥ldKl¢0nthd) The Educotlon and Tmlnlnq Comrnfttee IEaTQltwrthMdl Glazlers. EduCatrt Partnershi GEP Southwork DiKe5un 8oardolEdu¢4tloft ¢txS0n Schootsj {continuedJ • pi•ce of st•ined ilass, Working alongside their in5Plrntal texher, renowned stained artist, Current the Master of the Worshipful Company olGlr$. John R•yntiens MBE. The studènts lèarnéd the d•licat• art of 1$5 cuttinK and knJdin& each ryeatin8 an indNidual artefact to take back to their 5choo15, and a150 praetlslni John Reyntiens. InroVate method for destqn. usin8 colla¢• and ch•rco•l, culminatinq in th• students maklrq thelr own expre55iv• d•signs on hornekssness for a stalned gknss pan•. For th• Redhill schod. •n iTrvxhooi workshop wlth local sialn•d ilass •rtist. H•l•n Russell, wJ5 very •nthusi•stically recefved and provl(led stimuSatin¥ "hands on- arni expert•n for th• proj•rt Students. polntiTri out how th•ir d•si¥ffj coukl be adao¢d fora gl•ss IOrk. ompl¢t•d dsl¢nsw•r• submthd te th• R•yntiens Studbwherethyw•r• ass•mbl•d iThto 1 stalned ilass panel by the •rti$ts on th• studio t•am. Evry St1¢nI had I1rd•S1 or som• •hm•nt of It Incorpornted into the fin•l pbn•l. Th• tln•l hlgh proftl• r•ceptlon. c•lelrtini th• proiKY3 ComptI0Th, wtren the Mw stalned ilass p•n•l was revealed by john Reyntiens In th• r•tro choir of ScAJthwark Cath•dT•I, wa5 • tru rnemornb o¢caslon. fcr•iroundini th 5klll and exptrtise of the Reynti•ns Studio t•am In thi5 StunninA I$5 artwork. Th4 sUD¢n of th• Cath•dral, Carth Mkha•l R¥son, w•kom•d th• dN•rs• alI•D¢e. Incl11 Coun¢Sllor Naima Ali. the May¢r of Southwart th• 8tshop of iJoydon, Rosemarie Mallett, key membors of the Glaziers, Company, and th• Reyntien5' St110 t•wn of artists. th• parents ofth• stnt p•rticip•nts and the head teachers of tht schools. StIKltnts t¢¢k Jn •¢t¢v• part ty w•s•ntiw hi¥hlhts of th•lr •yperl•nc• of th• PJ•rt •nd thir •rt & d•sn t••ch•rs pubIKl ¢ommer%ded the proqre$5 made in using new •rtistSc t•chnlqu•s and how they had d¢mon5tr¥t•d empthy and resp)nslblllty. The reception was •nthusiastlully rncewod and •ll thos• ¥111n1 the completed ne1 were mo¥ed se•in8 homelessn•ss and rough sleeping through the •y•s of th• w)un8 people. 'makln8 hbjden thlrrfds clear ar understood,. using words •nd im•g•s in an expressrve w. as in Treal People with Care, and 'Seekln¢ Human Kiwwjnèss.. Th• students, or'art15ts' 45John Reyntien5£alled thèm. acquirEdadeep appreci1tn of th•Jrt Jnd craft of51Jlned lass,. they were fully exposqd to thè fundamentab and artisticiownay ofcreating a Stald KFa55 pane. They a150 recogni5ed that it can be used to 'speak for those who can[t Speak for thèmse•$, and will Convey thelr •Xpern¢ès of th• proj•ct to wid•r audiences, in the forn of collectNe a55embl(es and online communication. The art & desiin t•ach¢rs and ad teaehÈrsof both schools will also $ad the rDessaKe to their colleagues and to other schools aut using the m•dium of staIrd ilass to ¢on¥ey a 5eriou5 m¢$5agè. It also gèneratèd stron
IHE GLAZIERS. FOUNOATION (COMpY numb•r. 077379341 iawlty thb¥r. 114371x1) TRIrnES' REPORT IINCORPORATrIfj THE DIRECTORS. EPORT) Itonthmedl Rv•l•w olAcll¥lt5es Icontlnw•d) The Educrtkn Trolnbjg Commlttee IrC) {c¢WrthNj S¢Xrthwark Dlocesun Boordof Edu¢otlon (Olo¢esanSchoohJ Intinued) Interest in the craft as a career and both schoo15 wèr sènt the womotional mat•rial for th• Stslrd Glass Craftsperson Apprenticeship delNered by UnNer51ty of Wale5'. Trlhity Salnt Davld. The stalned ilass aork Cf•at•d thfo4h this project has le¥Ky and display value, convoyin8 an arrestini messate, forour ind fDrfutw•i•n•ratK+ns. •t)th a Jerious Sall$te Issue. a5 seén thro¥hthe eyes of youn8 people. Th• fiTra pan¢1, Ilk• the 20Z3 1l•ss pan•1 on the topk of stri¢us sffuth VIO¢ or knlf• ¢rim•, is pt)rt•bl•. for display In a ¥•ri•ty of diff•¢ent envlronments irKI l¢x•ti¢)ns: they Jr¢ both currently ort wbli¢ ¥1 In Ch•p•l of Rcon¢llotlon In 5outhwark Cathedfal. Schools worksljop proqramrne Th• low cost workshop prryr•mm• bs oryanis•d wlth the intention that rt(Pa11rrf arti5t5 feature havlly In drivlni rt I0•rd. L•st y•ar, 20yI, saw a pwrnmm• ofon•4•yworkshops tslni plKe in two Situatn5'. the P•f15h of St Andr•w'$ in Andov•r invofvinl s•v•ral s•cond•ry xhools,. and Kbllts, Selwl Winchèrtèr. The workshops w•r• rewrt•d on ext•nsN•ly In Th• Glazier. Summer 2024, page5 7-9. A key aspect of both sets of workshops was the plrtkipation of SEN lspedal •ducation n••d31 pupi15. Don•fkns from s•veral indfvidual Gl)ziers made to the Foundation fvnded the workshops. Th• artist leadlrrf th• workslys was H•ck•r. For 2025 1 variation on last yurfs on•4y workshop prrnne b now btini )¢tfvety planned, •8aln wlth the InVOeMent of Sophie Hacker. Activity in the Parish of Sl Andrtws has b•en suspended wlth th• arrfval of a new vK•r. How•v•r, a tr4o.year programme for KI5. S¢101 Winchester is now envisaied with the first ph35e set to start on 23 June. Fundamental to th• pro8ramm• is th•t il will provide J pem?nont1og•ty includlng mehtkn of the Gl•iierJ' Company. The flrst tWO•y•ar phase of ¥ffjrkshops will be part of an overall proi•ct with King5' School Winch•ster to desn overlay film for the stair¢ase windows in the schcol's art block Andy Lan•- Chairm•n TheStalnedGl0Aepryc¢Wnrnlttet Thè Stsintd glass In the Ca of the ReF)Sitory remains stored at W•lbecl along with 8145$ h•ld on b•half of the M•rcerfs Company. and the Sherbomt AW thir*ed £lass. whkh is held on behalf of the Court. The Court has Indicated its interest In finding new home5 for the Sherbome Abby stain•d gknss. and the Repository has und•rtaken the nrttuary pr•parntoryworkaheal of presenting propJ5a& fordi5posal to the Cowt. IS
IHE ¢XAZIf. FOUNDAT v•Jrnbor. 077379341 ICh•rfty M•r. 11437Th11 TRusfEES' REPORTONCOAPOftATINGTHE DMECTORS. REPORI) (C} Rovlow of Iwnlinu1411 The Stolned GlotsReslt0ry Commlffeelcmtlmd) ntin The Repository released fy¥o pands to a church in Luton. 80th requirn mIrT adjustments Jhe•d of Installatlon. whl¢h Is •ntl¢ip4tsd for th• summerof 2025. Th• ReFwrtory bs working wllh a chwch In E55ex that took pan•ls from th• R•posit¢Jry 50ffl• y•a15 a80 to •nsur• their redi5a¥ in a si5tsr chur¢h, folWlni ¢k)sur• of th• churth towhi¢h they were ortqinamy leased. The window releaged to the S¢ott Polar R•s•arch Institute. referred to In last y•arfs r•pD¢ has $tlll to be plac•d on th• wall, althouitr+ all pr•paTrtory work has been c¢)mtht•d. Twa p•n•ls maklni up th• Dov• in theChrist¢ph•r Whaw window hehl bythe Aeposttory h•¥• b••n10•n to ih• Ely Stained Glass Museum, •nd have been Inc11d in a recent rehanzin8 of the Muwurn's displav. Fln The Repositorfs main sources of income remaln income from tts Inv•stmeDts In annual donatN)n from the Loppylues and Barbar• Morrison Charitable Trust. Th• latt•r onc• again saw a w•lcom• Incr•as• on th• pr•vioU5 v•ar. Exwns•s hav• b••n stsbl•, 50, •5 in prwious ywrs. R•poskory has retslned a Small surplu5. Peter Hlldebrand- S•cr•tsry and TrsU1r to th• R•FwItory 2023-24 was a s•cond of siinific•nt ch•ntr t¢r the Com)Itt••. Tkn Wrht had to step •5 Honofary 8aryema5ter du• io illness and th• other memb•rs of th• Committee also retlred. Tlm's wedecessor. stephen Shaw, has kInd stepped back in as H¢yK>rary 8ar¥•ma5ter in th• short tem whil• i r•plic•m•nt 15 50usht and the Foundation is Consid•r1 the IUre of the Cuttér. whKh is curr•fttly Sn need of Tepair and has had to be moved from previou5 berth at th• AHOY C•ntr•. TheMosterGknzler s Ojorftawe Fthxl Thi5 fund was established in 2CQ5 by Past M•st•r Phillida Shaw to •nabl• future M•5ter Glaziers to mak8 ¢haritable grants ?t their discretion. This yearthe f0llrmi grants wer• made.. Great•r London South East SertorCadts- £1.450: HMS Kent IweMar fundl- £51Xl: TréloarTrust lèlectric bus •ppeall- £5Q): Glass Painters and Glazier5 Award lir¥au8ural pri at th• Brstish Gla Biennale. iointty SUprted th• Britlsh SOcty of MasterGlass Paint•rsl- £50tr. Th• Stsin•d Glass Museum IFuture of Databa5e5 e¥tntl- £1.9. 16
IHE GLAZIERS. FOUNDATION Icrynpw nmber: 077379341 {CharMy iimb•r. 11437wI TRUSTEE5' ftfPORT IWCORPORAIIP4G THE DmEaOR5' REPORI) Ro¥lv of Adlvllles{(¢thl¥d) The RelleAIR MeedFund Th fund Is used to make to FYovKJt Mlief In cases of rd of m•mbers of the Worshipfil Company of Glaziers and Palr¢ters ol Gtsss and ththr families. tqether with oth•r p•rson5 engaied in the glass trades, crafts and prOfessn$. and Subject thereto. ta make 8rants in case5 of r•lf in need of pèrsons who ore en8a8ed In th• ¢la5S trad•5. craft5 and wofessions. On• innt of £I.5(2D23: £2,XMJI mad• thSs year to a dis•bl•d st•ln•d Cla artist to JSSiSt wlth fUrtr renovation ol his studio. Th•Trustees ¢tINU• to welcom••ppliotlonsforswJportfrom anyon• In need who fjllswithln Fund's r•mit. Rwlew ul FInand Posltlon Duringth• y•¥r. vdLmt•ry income lindudlnKGift rKtr4erablel of £53,17412023.' £60.7431. Investment Income of £41.88712023.' £38,054) and othèr IAcom•of E8(j12023.' £8941 ¥W• re¢éfv•d bythe Found)tlon. living a total incom• of £95.86112023: £99.6911. Asiiniflcant proportlon of th• Found¥t'Sn¢offlecom•SfrornyoIfttarySoufc•s, m•lnly donltlofis and l•y¢l•8 and th• Trustees would like to ihank all our supwrttrs for their ¢•nerous fundin¢, whlch h•s oft•n ¢oniinu•d for many ye•r5. Th•r• wa5 ¥p•ndltur• of £4.07712023.. £4.1951 In rsFrt of inv•stment monaeèment fees, and £78.43812023: £73,991) on charitabk a111•5 including iovern•nce. i1$ total expendSture of £82,51512023: £78,L861. T surplus for tht V•af was IrefOre £13.34612023: £21.S051. There remains a deficit on The Glazi•rs' Trust Fund's Income account. This is to som• •xtent mana¥ble bec•use ash fl¢x 15 Wslsted by th often delayed cl•imlni and p•ymnt of approved grnnts provided lor in ball¢ 5h•et. However. th• Trurtee5 contlnu• to work to PLrt thè Fund on a more sustainabl• looting. Th• Fund has an expendable •ndowment that could, rf n•c•ss•ry. tilised lo cov•r th• incomo attount defklt. At 301h No¥•mt•r 2024, th• total ld$ on the bilanc• 5h•et stood at £815,48912023: £796,726) and the valu• of invèstments was £702,38912023'. £701.3191. £666,389 IZ023'. £671.3191 was held in UK listed inve5tm•nts ien8ratln8 income. which 15 distried to th• variouj r•stfkted funds in xcord•rKe with the wrcentag• value attributable to each fund. Further d•t3 will t• found In Not• 8 to th• accounts. Related yrty trThdlons Note 15 to the accounts yovid•5 d•taib of tTrnsartionswrth reiat•d parties. Reser¥es Pollry Wfthin e*h r•stri¢t•d fund. the Trustees will normally èlkx•t• the income 1ttrbutab to that fund for the haritable purFoses identified forthe lund. pru4ided that requ•sts made forasslstance meritthe expenditurn. In the enI that a surplu5 of irKome remains at th• end of the year. th•n the surplus can ba earrf•d to0rd and added to the income available forthe followi ar. 17
IHE I$. FOU14DATIOII
IcwV Nmler. On379341
IOMwlty n¥mb•r: IA437001
TRU5TEES' REPORT IINCOAPORATING THE DIIECT0ft5' REpom {coth•dl
Inwstm•nt Polky
The TNstees have wide investment powers so tht any mnies and other Property forming p3rt of t assets of
the Foundation may at any tim• be invested by the Trustees in anyway in which thtty In Ihelr absolut• dlscretion
think fit In all resperts as if they wert tht sole bènefKlal owner thereof, and any such Investments mayfromtim•
to tim• b• r•alised. tranSFosed or reinvested. Duri th• financial year, Ih• •pp&"ftt•d inv•stment m)nagers,
Ravenscroft. contlnued to man¥e a p)rtfdb) of equitse5. kx>nds and pooled investment funds 4$ a b•lanc•d
portfolto, des1¥rd to prvlide both incon and cawtal irowth, with the Trustees requlring • minimum of 15% of
tht Portfolio to be Invested in environmental and l Or•th1 sertois. Htr•Av•r. folKlTr8 a serles of inter¥iew5 in
january 2025 wi
THE GLAZIERS, FOUNDATKIN lcomp• nurnber.. on379341 lth•rity numb•r.' 11437(Kl) TRUSTEES, REPORT IINCOIIPOAATING THE DIREcfoitS' REPORn{mntIDu) Dlrectors. Re5pon51blllths I¢15ned} the FiTr)ncval Reportin8 siandard applkable in ihe UK and R•public of Ireland IFRS 1021 and Attountlnl and Reporting by Charilie5.' Stat•m•nt of R•comm•nded Practice applicable to chariti•s preparin8 their acto¢Jnts In ac¢ordènce wrth the Financial Reporting Standard ApFliCab in the UK and RepublK of Ireland IFRS 1021 I"SORP IFRS 1021"). èffectNe January 2019. Approv•d by th• TrLthe5 and 5iined on their beh•ll . A. T. Aplin TTh5tee/lXrtrtor onts Hoftororysetretory TruJtee/L¥rertorand almIan Date: 16 2025 Regist•r•d offk•'. Glaziers, Hall. 9 Monta8ue Clos•. London 8rle, London, SEI 9DD 19
niE G(ER5, FOUNDATkY4 Icwpary num.. om79341 l(Iwliy fftumber: I14371} 114PEPENDEPIT EXAMINEf5 RÉPOATTOTHETR1J5TE0F GLAZIERY FOUIThTION I reportt0thecharitytstee5OTr mytxamlhatk)nof theCjnts0f the¢Il¢•ble£ompaItyf0rtheYe•redd 30 November 2024. which are set out W Page5 21 to 36. As the tiustrts of thÈ chafltable company land al its diTttOts lor the purpose5 of cornp•ny lwi you are resports&ble for the preparatltsn tsft •ccounts in ¥cordanc• Trth ofth•Cornpanies Art 20c61.the 2006 Arfl. H¥TrM¥ been stiSd that the accounts of the ch•rit•ble <omp•ny n not required io be audited undw Part 16 of the 2006 Act and are elrgible fDr independent •Mrnin1tK. I tesped of my eK•mirs•litbn of youf chartiable compan¢¥ accounts a$ carried out undtt stctw)n 145 of the Ch•11t5 kt 2011 1.the 2011 ACVI. In carryir¥ out ex111th I ha¥e follow•d th¢ Divectlons8è4en by the Ch•rityCQmrS¥ion under 5ectloTh 14515Mbl ol the 2011 Att. I hivE¢omplet•J my •xarnin41ityn. l ¢ohftrm ihat Th) m•11• to my itiehtloTh ITh connoction with euffAn•iion Iviny me tuse to bdk¥•: •ccountlkVd r•¢4yds Tt kept In r•5pKI oftho thirftlble iornwny M fffjuked by s•¢tlon 386 gf the 2006 the do n4X •¢wd theacrountiry rKryd5.' the 4ccount5 du not torn¥ with th• Kcountiry rtgulrmÈnts of section 3% of the 21W6 Ad other ih8n any requirtffleni th41 the •ccowits live i 'lru and f•< view is not • rn•tttr ¢onsidtt•d •s pirt of th• ind•p•ndent exan110. or the tcounts have not been prep•red kn teord•nce wKh the rnethod$ •nil prirt¢lples of the St•ternent of ftlcommtnded a¢t+ for and i•portini by charit5 l•pplKat4• to chlrlties pr•p•rfn8 their i¢¢ounis in 4ccordCe wrth F1(11 Repafiirt8 SIdI1 •pplicabl• in lh• VK and Republlc Of Ir•land IFR510211. I hlvtno conettns •r¢d have com• •ry055 no oth•r m•tttts in conneuion vAth ih• •¥amiNIiDn to ¥&hlth 4tt•fitlon 6houkl bt dr•wn In this report In order to en•blp • pr4w derMIndinoIthtr •rwuhis ¢0 rethed. D A Ly{4 FCA Loon•rd Jon•s & Co I Printini House Y•rd. London E2 7PR 2025 20
Icornp•ny number: 07n79141 n¥mbÈ: 114371x1) 5TATEIIIENTOF ANANaA AcnvmES FOR ThE YEAR ENOED 30 NO¥EAIKR J14 Y••1 4wded 3D.Ii.ZO23 Totsl Funds {Not• In •wd•d Xll2024 F¥ffids Fnds Funds (Not• 12) Fu#ds INom• •nd •ndOwrnffltsfrl. VoluMry coMe- donations lincl. Glft Ald •nd le8a£iesl In¥•stm•nt IrKom• 26.07$ 5.843 21.099 36P44 53.174 41.887 60.743 38,054 894 Other incorne 760 T11 32.678 57.183 95.861 99,691 R•ldii lunds.. Inv•strn¢nt mNyment fees 13,8591 P181 14.077 14.1951 tharftsbl• •thltl•J .6771 172.7611 178A38 173.9911 5.6771 3.&59 72,979 78.186 27ml 2,141 I.756) 13.346 11.505 Trnsf•rs b•tw••n fvnds 16 127.0011 27ml Gknsl110ss•s1 on Invtstmeni •s5ets 5,128 289 5,417 146,1031 7.369 11.494 Il763 124598 Tot•1 fund$ •t bgKinnin¢ of period 687.33S 109.391 796.726 821324 Totsl fuids •t £694,604 £120.885 £815,489 £796,726 Thrt were no other recoenised g•ins or losses othér thn the net incomsn8 resour¢es tiKbJded •bo¥e. There were r discontinued auivitles ih¢ Yur. The notes OA panes 24 to 36 fom pArt ofthesekn•nual 5t•t•monts. 21
IHE tXZlfAS' FOUNDAT (COMP Nmb•r. 077379341 lth•ffty Mmbw. IX4371X)I SUMMARY INCOME AND EXPE14DmlRE ACCOUI FOR THE YEAR ÈNDED 30 NOVEMBER 2024 Ytr ed 1.111023 Inme fory••r ry1s1% Voluntry Income- donailoThs I1. Gift Aid •)d le4•(ie51 InYe5tvnenl incorne Oth•r lrt¢*)m• 47.174 41,887 5&743 38,054 Tol•l kKom• 89,861 97,691 Rats1 P•Nd• (InM•nds) 1218) 178,4381 12241 173.9911 Trt•l •xp•ndkur• 178,6561 174.2151 £11.205 The [leS Vg•s 24 to 36 fDrm ofihe5e st•temw 22
THE GLAZIERS. FOUNDATION ICtthp•ny number.. 077179341 humbts.. 11437ty)1 BALAN SHE AS AT 30 Ntymhr 2024 Not• XI.11.2024 30.11.2023 Tangible fixed asset5 Investrnents 702,389 701.319 702.389 701,319 Oebtor$ Cash held by inve51rnen¢ manaBv¥ C•$h at bank 20.011 8.662 121.978 9.135 120,302 150,651 133.426 Other credltors•nd accru•15 io 1375511 138.0191 113.100 %,407 £815,489 £796,726 Unrestricted lund5 Endowment luThds'. permanent Èxpéndable IJ li li 13 12.13 66.236 628.368 66.105 621,230 694,604 120,885 687,335 109,391 Restrlcted Incorne fvnds £815.489 E796.726 Thtrdir•ctors ¢or15id•r thtthÈtompany isentitledio exernptionfrornthe requwernent to h•ve4n •udit underthe provLgion$ of s.477 of the Comp•nles 1 20Cfj. Member5 h4ve not regUbr•d the comp•ny, under s.476 01 ihe Cornp•Thlu Act 2006, tp obtain •n audit for the year ended 30 No¥ember 2024. The directors •(knedge their re5ponybility for enwrin¥ that the cornnY keep5 atcountine records to tornply with $.386 of the (ornp•nies Act 2006, and for prepirine •¢crJunt$ which li¥• a true and f•lr vvew of Lhe state ol affairs ol the clparv a5 at 30 November 2024 and of it5 result for the year th ended In •ccordance 1b the requirerneTris ol s.396, which othefWi5e comply th tht Art relJtin8 to the •ccoufits 50 f•r a •ppkncable to tht cornpnv. The flTr¥nci•l st¥tmtnts have beet) prepared in •¢cordance with tht spffi•l prw75bun5 relatinl to rornwnie5 5ybie(t lo th• srnall companes reulme wiihin Part 15 of the Coffvanies Ad lo. Approv he Bord nd sned on beha0 I <Tyfr46025 SJ GrJhaffj TNstee/Okertora R A gettin50n The notes on pages 24 to 36forrn p*rt of these finaKi•l staiemen
IHE ¢xAZIE. FOUNDATION IC(¥nPWbV lumr. 077379341 {thlty IX4371xII NOTESTO THE AccouKrs FOR THE YEAR E140ED 30 NOVEMBER 2014 COMPANYIIIFORMATh)N The GI1[¥ Foundatth Is * Pmvate tompny limlted I1&1e iegiAered kn End and wa%, ieelllmlon numb•r 1507737934. The relTed01Te Lsat GI•rg 15. 9 Monu¥uÈ Close, Londor SEI 9DD. The comparbv Is • fetered charsty. reRioered In wa r•y5tr•tion numb•r 114371)0. SIGNIFICANW ACCOUNTING POLKIES b• ofpr¢pw•lknTh Th• finaTrci•l statements hve beert prewed undw Ihe hi5torirJl cost convention subject to Invtstffithti bÈl c•rrlÈd t rnarket ¥aU¢. on a InI concwn b•sl¥ kn •ccoidance ¥Ath the Charity Cornmlsslon•15 Arcounlin8 hd Reportln4 by ch1••$-. 5t•t•m•nt ol R•cornrn•nd•d Pr•ctlc• appUcabl• to charP(1•5 Pf•P•riW th•lr •ccounts in accordntt with the Finfici•l Rep)rtiw Si•ndard ap"t¥ble in ihe UK ènd RepublK of k•l•nd IFRS1021- I-th• SORP IFftS 1021.1. elltttivè Jnury 2019, lth the Charttles Act 2011, wth the Comp•Tries A¢t 2¢06, Ihe Flnand•l Reportin¥ Stsndard appliuble in the UK the Rtpubll¢ ol Irel•od I"FR5 102-1 •nd •pplicbl• rrfulifjons. Th ch•rlt•bh ¢omp•nv ¢off4btutes publk beneflt enilty as defined FRS 102. The fm•nEi•l 5t4t•rn•nts •r• d•norninated in Pfid5 Stew11 I'£"l. It4) Th•trugt•Krnnwd¢r ihvt•rtho m•twl•lun¢•rt•iblll•sl)tyrt th•th•1bItMP•Thrfs •bl4ty lo<onnUe •J Iw ¢oncein. Re• ol the fin•1•1 poytion •nd hJture ptsns I5 trustees. confld•nc• tt th• eh•ilty i•rnalns • iokn4 ¢•ftc•rn ftyf th• for•w•lAe fvture. stst•m•ntd Fl•dalA¢d¥lthslryoFA?I •Nd Expendtt•reA((•4 The forrn ditl•r5 frorn Ih•t for • pwofit & IDSS Kcourrt presciibed by the ComwftlesAd 20CS, the tru%tw- directus b•lng ol th• op100 th•t iheform•r •dopt•d rfv¢ts mty•flrIh• a¢tMtis of tht th•rity. Id) The company Is • reehtqred ¢h¥ity ts not subirt to UK ca0rI•tifft t¥ ofi Its Iraffor c•plt•l galns. The finAnd#l 4ttéménts do hot indLTrd• • Ilow statement bec•Jse ihe charrtable company m•qt5 tht crlterts foi exewknn from the requirement to prep•ie54Kh • 5t•renI und•rthe SORP IFRS 1011. Cutter equipment trafiiltrrtd from Iht Gl•thers Cutter Charity lsee nllte 71 was depreclated in equ•l •nN•l nstalments over the estmnated rem•Th& usefvl life of the equipment. The trustee5 con$1d•r th Timaininu usual Ilfe of the equiprnent to b• approximatefy S ye5 from the date the equlprnent was trnTr5ferred to the tharity. Thè equint h•s been ful deweoatsd. (Il Listed inve5tvnents ave accDUnted fut ¥aluaiion. Realised and unre4lwd gain5 and 1055ts frAed assei Investments are recogr4sed in ihe SOFA the year to th•Y r•lat•. unquoted in7rt5kneiits ale inrluded ( p*r bein8 thetrustees. bestestimaie of lair Value. 24
THE GlER$. FOUNDATION ICry•ny number: 077a79W l(h•FIty 114J7fJ)) NOTESTO THE ACCOUNTS IcoThthiwd) FOR THE VEATI ENDED 30 NOVEM8EII 2024 1. SIfjNIACANT ACCtyX4nNG POLThSlt¢)Atlnuedl Atxounthii UnrestrIci fvnd5 are the ctumd•ted w[pSS defKits on iénerl funds whlth t bt used In th further¢¢ olthe obiectivesof thechrity •tlh• d1¥retTrOlthÈffUsIÉs. Endowment lunds represent capit81 hjnds ol the thrity. Restrlaed fvnd5 •r¢ th95e proYh4ed by donors on the condii)n that they •re expended ofj particular ¥5pe£is of the objects of the charity. Note 12 prDvldes detslls ol fe5trlcted funds. Incom• All In¢om• is accounted for kn th• SOFA the •rnowt c•n b• mo•5ured Tel•b and there15 prub•bllll¥ of re(p1. ui Exp•nditur is itcouThi•d for on •n •cuy•bs bsis aftd dI11ed undw h••d ir+ th• Kcounts tNIt •¥yeK•te 11 ro5tSfelited to the ¢atfjory. Ch•rttabl• %ll¥iti•s •xperAiiure indud•5 the costs ilentlh¢d is twhol or matht •ttrllyrt•ble to th• h•iil•bl ¢bJ•¢tlvo. nts payable •r• accounted for when awarded urAess specrflc pwformancg ryit•ri• IpPt. Rt5t•r•tlan qr•nts. ont••w•rded, •reav•M•W•to be dned the recipiwt for 2 ye•r8 but ih15 peiiod IN•y be •xtend•d by • fvrihervear trTr ex¢epik•n•l ¢ii¢wh#•nces.' yant Ol1•r5r¢drnCdWithIrt theereed pÈrl•d ir• wlthdr•twn and ihe cost WTitten b•¢ Stspport ¢osts ire yneral costswhith tmabl•th• ch•rlWs •ctiwtie5 to be undert•kwTr •nd in¢lydo the costs of 8overn•AC• which velate to th• ienetd runnln¢ of the th•rty •$ opposed to dliett op•r¥tionl mnaeement. Govern•nce costs includ• ¢¢sts of the iovernance inlr•strudure iThtludliii tonsiitution•l •nd statutory costs, Independent •xarninerfs fe4 l•yl •d¥ke lor tru51••5 •nd co#5 •55tsti•tÈd wlth ihe fTran4iern•Trt of the ¢h4rhy'5 4rty¥rytie¥. Th• charitable comp•ny1s noi rryi51•r•dlov VATarbd so •ll expendiMw• h shown industyeof VAT. ui Trinsactlon5 in fore¥n tunemti•s have been Ir4¢• •t •n •ver•Ke oxchlrye Tate fof the Per •5 an •PPToxim•tton fov thè rate iulirrf •1 ihed•te ol ¢h tr•ny¢liDn. Monlry •ssrts held In • loreiin currencyat the peiiod end b¢en translated •t the r•te ruliw at the blantÈ shet date. () Tlebtorsare rCl$ed 41 th¢ s•ttlwrtnt •mounidue. PrewyThwts arèvalued li the affl01 prepald. CreditOf5 and proviskffjs a reco¥rMsed whor•the th•flty h*$ a present obligation TesultlnR frLWll a past eve that will probabfy result in the iransfer of fvnd5 to a third party and the arnowt due w settle the oblig•tioD n be rneasLwed or e#irDated rebablv. (rlt{X5 wov&ons are n01rnal reco#ned at thÈ5r settlement arn¢MEnt after allowing For any tradé dL$tots due. 25
THE 6LAZIERS' FOUNDATION {Cmp•ny nurnber: 077379341 lth•wlty nuwbb•t: 114a71i71 NOTES TO THE ACCOUNTS Icontlnu•dl FOR THE ENDED 30 NOVEM•ER 2014 INVESTMEiif INCOME Y•w •wd•d Yev •nded 30.11.1024 >1.11.Z023 Tol41 Tr1 Investrnent incorn•¢omprlses: ¢¢me from UK Iied Invesim•nts 8aDk and othr Int¥•st 36.1)44 5W43 33,750 4.304 £41.887 £38.054 4 QIAAITABLE EXPENi)mAE Y••r•nd•d XI.11,1014 Totsl Yur eThl•d 30.Ii.Z02J Totsl Gr•nis io $litU110ns (see below) Grants don•ilonsto indivvjuds Isee below) 16,882 24,776 51,658 23,750 20,197 43,947 Support Costs15ee bdow) 26.780 30,044 £78.438 £73.991 Y••r hd•d Yw •nd•d 30.11.2024 .11.13 Totsl Stainedgkns rertwotiw gr¢mts.' Bl•nchland Abb•y. 8lanchland G•ory•. Shimpli Sl Mlry. Si•lisfiehJ St Winnow. Lo5tithiel I S•kni% North Moreton HolyTrinity, Long Mdlord St M•ry the Virgin, H4stlm8leiih St h•tl le Belfrey. York St Margaret of An¢¢b. 6aflry St Mary rhe Vir8in. l¥in¥hoe All 1n15. Yin8sby St Matthew. Credlton St Mary the Vir8in. North Myrnrns Park St Mary, Driffield St Mary, Tènwle Gultin8 St John the Baptist, Keyst St kner. Halli•ll Si mthe Viry. 5tophm i.wo 1.500 2,CQO I,0 2,000 11,5WI 750 750 750 1,500 2,250 1,7SO io.&)o 9.250 26
ThE 13AZIER5' FIXIIIDATIQPI Icarnpw numbEr: 071379141 ¥mb: 11437(Kil NOTESTO THE ACCOUNTS ItoMlthu•dl FOII THE YEAR EPX>ED JO NOVEM8ER 2014 CHARITABLE EXPENDifuRE Ic4NbVdl Yew endÈd Year ended Jo.11.2024 >).11.2013 Totsl Tot•1 5taifvedqlass iestwotion groTrts I$ dj BrDVghtlonwrd io.wo 9,250 Othergrvnt&' Th• y••n Glass Museum Unlvwsity of York IdirTrJs Brilish 5oci•t¥ of Mstei Glass Pat% HMS Knt INltr G121rs' fundl Treloar Trust (Mar Gl•ii•rs' Fundl GLSE Sector Army C4dets IMas¢•r Gl•zknr¥' FuThll Southwark C•Eh•di•l (Th¢ Ma5terGlaziu5' Fund) Sowhwark C•th•dr•l IUnre5trlcted Funds) isil St•lrt¢l fjl%s" bsite Iunresiricted Funds) 3.sc 3,D 2.$00 4,000 500 500 1,450 2.SOO 3500 LIKJO I,wo 432 Ymr •nd•d Y•ir 1.11.2024 ).11.2023 Tot•1 Tof•l Lev¢rAvArd$12 if#Jr¥idu•hl12023.. 2 I11dlS1 Ashton Hill 8nnts fw dewèloprnent of ski115 towds prattle•l uroer$12 Indivi¢4112023. 1 IndiTrnduall Stevens Cwp¢tition and other PA2•S Rellef kn Need ntIl indNidu*ll12023.. 1 kndbAduall 8.300 12.276 9,976 11291 13rA) 2500 27
ThE GLAZIERS. FOUNDATION IC¢•npany nuwthEr. 07737934) ltharliy umber 11437Th>) NOTESTOThE ACCOUtITS Iconthiedl FOR YEAR ENDED JO NONTMBER 2024 CHMlffA•iE EXPENDifuRE (¢thed) Ye•r end•d Ymr •nded 3D.Ii.2024 .11.1023 T•i•l Ta¥tsl IIM4vinR and ¢rnWttion tosts gjhcriptions IThRAI tTh• Cut1•rTru Fund) Storay •nd •drnNniStr116v•<Mts (Th St•iNd Gl•M R•¢¢ Fund) Gknii•rs EdCItIn P•rtn•v5hvp proi•cts and tours I•115. £dItion Partnership Fund) Events Irrtl other exp•nstt of thCutt•rTrust Fund ¢Th• Cutt•r TfUA Fund) Miscellaneous expenses L730 1.srAJ 7,337 1,639 I,soo 7,232 917 905 16,630 19,437 G¢y•ern•nce costs Ime fi 51 io,tso 10.607 Support costs r•hi• to th•gr•nl.m•kin8 (indJprizfvi •rKI ¢ornpetitiOnlKtrI5 01 th• ch•rity•xc•pt wh•r• Indk•t•d abov• •$ r•latir th• •ufvitws ol sp•¢rfl¢ r•strKt•d fvnds. Y••r •nd•d Y•ar•nd•d 11.1024 XI.11.ZO23 Totsl Totsl Indynd•nt x¥rnin•rf f••s'. Independent exima0 •ccount•ncy 5eThtices taxatioh 5erhice$11023: irKludInicorporIon wofkl Trustees. rneeiiw experw nna8QftI casts 2,205 2,205 1,890 930 5582 EIO,1S0 £10.607 6. NET INCOMEI IEXPÉNDmir¢o. EMPLOYEES The Found•tlon had noenWoyeesdwin8 the year and therefore p•td M staff wluMentS(lO15'. ftonel 28
THE ¢ER$. FOUNOATION Icothpany number. 07F379341 Ichwlty nwnber: li437> NOTESTO ACCOUPITS (tonfln4d) FOR THE YÉAR ENDED 30 NOVEMBER 2W4 7. TANGI•LE FIXED ASSET5 Cutter Cost: At l Decornber2013 Add4tions in ywr 3.478 At 30 Mo¥•rnber 2024 3.478 D•pi•d•don: Ai l D•cemb•r 2023 Ch•riq for yur 3.478 AI 30 Na¥•rnr 2024 3.478 N•t book •t Na4•mbw2024 N•t book value at 30 No¥ernbtr 2023 •. INVESTMENTS Inv•stmtnls •r held prlm•rfty to pro¥ldean kn¥estment forihe chirlty. mwets In the year Ywrto Y••r to 11.1014 >111.X123 Brou¢ht forward l December 2022. •1 v•hJe Purch4sd durin8 y••r Sh•res rttaved by way of R DIspOlS in ve•r- proceeds Wet110sse¥l on dP¢All5durinR¥tlr Nrt 8wnsl 110$) on rtht•lui¢>n Otlrwestnts 701.319 24,968 751,831 32,440 2.000 138.8491 19071 145.1961 135.3151 14111 S8 Market value at 30 14owmb•r 2014 E702,389 E701 319 Hi#ori¢ co# •t 30 NOYber 2024 £668.787 É699,703 In¥•ments •t m•rkel W•(OmplIse. .11.2024 *.11.2023 UKitsied IrbvestntS Un4woted vestMent 666.389 36,000 671.319 rket value at 30 Nov•rnb•r 2024 E702,389 f701.319 During the year the tharity received a 8rft of 6.ODO11013: 2,CfjOI prelwtrKe shares in Glaziers. Hall lirnit•d. valued the Trustees at the4r par value of £6.fKMJ12023.. E2.1)fy)I- 29
THE GLA5. FOiJNPATION Mor. 077J79341 Iowrfty nMmb•r: 11437001 NOTES TO THE ACCOUlnS l¢onthii FOR IHE YÉNJI ENDED 30 NOVEMBER 3)24 & INVESTMENTS UK115ted in¥e5tmentsat 30 No%mb•r 2024 weré ttrfbutablÈtothe Found•tk)n'svidou$ hjnds. •% follows.. 1.11.2014 JI.11.1024 30.11.1 30A1.l3 V4knof Tht Glatitt8' Ttust Fund Tht Ltvtr and Ashtorb Hill Awards Fd The Edw•rd Boyddl Ubiry Fur The Relwf in Ne•d Fund The St•lned Gla¥3 R•posikny Fur¥J The MJ5ter GJtler's Fund 18.31% 49.6 2.12% 122.082 330.996 14,128 64.773 I.085 19.325 IB.31% 49.67% 2.12% 9.72% 17.2fA IZZ,986 333,444 14.232 65.2S2 115,937 19,468 17.27% ioo.oo% The unlisted Inwstrrmnt Is •n •¥srt Oft Gl•lw< Trust Fund. E666,389 £671.319 The fdlowini listed Irwostmtnts hd * mrket ¥•lue In excess of 5% olthetot•l portfrlllo v•hJ• Is •t JO November 2024.. .ii.J)24 .11024 XI.11.2023 30.11.X+23 AEW UK REIT pk R(ry•l London UTM UK Équfjty Inc MG8P tls N T•rnple B•r Investmnt Trust 25p Olds NB Private Equity CtsssA Old. Prince55 Prfv•te Egulty Invttt Fd Strv Ltd IFSI KAV AUN GBL 8LCP 8 IIK Pidet A55el M. G. Opps. GuInnS Arn Fds. Gbl. Eq. Inc. s.i% 6.1% 6.4% 33, 40SC 42.8L 35.512 38,410 40,450 34,014 36.403 33,705 36.553 5.4 5.5% 38.180 39,099 38,9 n/4 nla 6.1% 5.1% 5.5% nl• n/a • not •ppll¢4bf• Tht vnquot•d invwtrnwi PfefeweKe shares In Gl•ziers H•ll Limited represent Issei of Thè fjl•zi•rs' Trnst Fund. g. DE•TORS 3D.IA.1014 YXII.2013 Incorn• l•x rff)ver•ble Ptep•yrnent5 and atuued incorne Other debtors 14.768 2.17U J.073 7,074 657 o.oii VJ.135 30
ThE fjLAiIERS' FOUNDATION ICwiny number: 07n79341 Ichwlty numbw: 11437WI NOTESTO THE ACCOUNTS Iconlln•d) FOR THE VEAR E14DED 30 PIOVEMBEA 2014 10. oniER cREDif0 ACCRUALS 30.11.XQ4 .11.123 Gr•nt cornmitmenis Othtr tredltors and accrua 24.750 21,750 16269 £37551 8,019 Grant comrnlithtnts•s•t 30 Nov•n¢r 2024 cwlsed: 1.11.2024 XII.X113 Commltmenis •t l D•cwnber 2023 Gr•nis •nd tlon•¢lon¥ •pprtrrtd thirlw th•year Ir1) Grants prwously ppro%Yd writtn duiity th•ye•i Amounts paid d4 th• ye•r 21,750 11500 11SlXII 17.0th11 21,250 9.250 18.7501 £24,750 £21,750 li. ENDOWMÉNT FUNDS Y• •nd•d JO.AI.24.. OLii.ZJ JQ.IL24 P•frn411•At •ndtywm•htlwMI: The Reliel in Need Fund 66.105 3961 527 Th• Glozien. Trust Fwd Tho Levér at)d Ashton ArdS Fd The Edw•rd Boydell titsrary Fund Th• stained Glass RePotOry Fund The Cun•r Trust Fund The M•sitr Gl¥i*rfs Fund 225.414 274,164 14270 17471 12.0251 1871 992 2.691 115 646 231,6S9 274.830 14,298 80.648 7,272 19,661 62B,368 7,272 19,622 11181 157 £687.335 (£30591 £5.128 £694.604 31
THE GLAZIEIIS. FOUNDATION {Cryany number. om7934) iawltynurnb•r: 114a7th11 FOA ThE YEAII ENDED 30N0A1ER 2014 11. ENDOWMENT FUN ItoMthu•dl Year qnd•d 30.11.2I. Pqrm•n•nt •hdtvrnwitfwMI: The ReNel In Need Fund 70.994 14081 14.4811 66.105 The Glaziws, Trust FuDd The Lever •nd Ashton Av•ard5 Fund The Edward Btydèll Ilbriry The s1• Gla55 Rwkny Fuhd The Cuttv Tiu5t Fund Th• MasterGl•zler's Fund 232,629 299,147 .336 U6,489 7.272 21.iwl 661.953 17691 12.0841 18.4461 122.8991 19771 (5.5011 225,414 274,164 14.270 8D.488 7.272 19,622 621.230 IS) 1211 135631 1.337 139.L601 32.947 1£3,9711 1£43.6411 £687,335 11. RfsTricfED FU140S Y•w •nd•d JO.IIM. Tr•MI• 01.1121 11.24 The GlJilèr5' frnst Fund The Lever Ind A5hion Hlll Awrth Fund The Edward Bo¥d•ll Ubr•iy Fund Thq R¢liel in Need Fund Th• St•iTh•d Gl•M R•p05hory Fund Tho Cutter Trust Fd The Gl411•ts' Edutation The Mosttr Gl•iierfs Fund 1375771 11.685 134.2JOI 27,001. 133.1211 38246 S.631 18.629 J7.gJ3 764 3503 13.306 1,789 5,438 1142761 37.873 6,395 20.632 77,838 3,Cty13 ii.sooi 17.5551 12,41051 15,0631 13,950 1£72.9791 289 3.6S9 114 8.891 E109.391 7.736 a20,885 £57.183 £289 E27.001 1'1- See nots 16. 32
fjLKIER5' FOUM)ATIIX4 IcornpaDy numb•r: ts77J79341 lth¥lty )J43M)I 140TESTO THE ACCOUPll5 IcoAtlnued) FOR THE YEAR ENDED 30 NONEIIJBER 1024 11. RE5TRicfÈD FiM4DS Ironttwred) Y••r end•d 30.11U. .1 1123 The61azier5' Trust Fur The Lever and Ashton Hll Awar(k Fund The Edward Boydell Ubrary Fund The Aeliel in Need Fund The Stilntd Glass R•pository Fund The Cuttef Trust Fun41 The Gl•zlers' Edu¢¥tion P¥tnwth The M•stw Gl•zlels Fund 1S3.9251 15.450 134.9391 35.837" I3777) 33.629 4,916 17.848 69.729 4.$47 3.221 8,412 16.764 715 3.281 11.844 1.529 1.61S 1.479 £S2.687 112.1471 38,246 5.631 18,629 71,798 3,6S9 114 8,891 £109,391 12.5001 17.3131 12.4171 17.2321 12.4621 2.500 IE67.5481 IE2,4621 £38,337 I'l-Se• nor• 16. Dets115 of r•strKt•d funds.. The ve5trirttd Incom• funds w•r• •st•bNsh•dio rtceive 0MfrOM theendowmetr)t funds11st•d In not• 11 •bo¥ •nd fvovn app1lt1b doniiknn5. Th• GI•Eb•rf TrustFund Thls fund d•riv•s fiom i•nwal funds trsIerd io ihe chaflty frorn The Gl•ders' Trust <h•rfty with effert from I Oecember 2012. Th• fund 1$ used foi the •dvwcerneni ol education •nd the beMfli of the public, lo lurther knowl•d¥•. under5t•ndini •nd appClaI10Th ol the art ol stained, etthed and other forms of decor•ti¥e 8lass ènd laK mos•ics. provid• and preaevve fme exan¥¥lts of suth rt In places where they mly be seÈn by members of the public. orz•niseex¢wsloThs for mernbers of th• ¥isitsyth pl•¢•s. fvnh•r th• sfydy of su¢h •rt •nd m•intsin libr•ry or librlries of botsks, Wthls •fid mt¢11. Th• Norn1 Alhtrm HIY mv11•1 Fund Thls lund WAS •St•blished by * domthin from The Nommn A%htoTh Mll Memorlal Fund th•rlty to Pport consgrv•¥on s¢holarships profe55ion•l development er•nis. Gf•nts m•de on i reiular ba$. F&lovln¢ tonsuliatlon th relLw•nt p•rtles. the Fund w•smefied with The Le¥ef Aw•rd Fund wilh effect trorn 30 November 2022 toform The Le¥er and Ashion Hdl Awards Fund Ixe below). The Le Awwd Fwnd This fund eM8bNshed by a don•tipn from a iivryman and provKle5 foi a rtcent ¥rult a 40-wetk tralnlnq placement in a selectioDof leathnE udJ5. Grants TeM•e¥rn•Ny. FolloWingconw•ti0n wAth rel•vant p•rti•5. the Fund was rnÈf8ed th The Norrnan A5hion HIN Fund wilh effert from 30 No¥ember 2022 to formThe Lever and Ashtsn Hill A*rds Fund (see bdow). 33
THE FOUNDATN)N (cpaNY Nraber. 077379341 l(hartty numb•r. 11447(¥11 NOTES TO THE ACCQUNfs IcontlRuedl FOR IHE YEAR ENDED 30 140¥EMBER 2024 IL RE5TftICTED FUNDS Itohtlnuod) The le pAlb¢ HIIAw¥ds Fthad After pprtspriate £onsulT•tions. Tru5te¢5 r•sofved to mu¥eThe Norm•n A¢hiOn Hdl Memorial Fund and Th• Imr Award Fund wth dfect from 30 November 2022 (see •bl. The nw¢ed is io be The Ashton Hlll Awards Fund. Thè Eard Wddl Lkn7 Fuwd Th• fund waswtsbllth•d t•p•y for #bf•ry •1 •1¥ rThairbteNnce Ind new purch•sek Th RolkntlTh Ilmd FWMI Thls fund derivtt from th• pwrn•n•ft •Thdo¥mient fund trMnsfwred to the <h•rity froffj The Gl•tl•r¥' Ch•rlty for Rdl in Ne•d ith off•¢t frtsm l Dttember2012. The fvnd 15 us•d in rnakihq grants for the relief in c•sE5 of need of membets of the Gl4zi•rs' Company and thekT wJdos wd other dewndents. Ind sth)èct ther•to, in rnakin8 grnti In e•s•s ol rellel In n••d olp•rwns th •re en¢•Bed in iht8l•uir•d•s. ¢f•fts Ind profe55k)M. Th• St4lh•d fjlw Il•pwltory F¥nd Thi¥ fund defives from ¢w•r4 fuTh45 tr•nsf¢ti•d to the th•rity from London 5talfted Glass fteposltory ch•tlty with effttt fvom l D•£•mber 2012. The fvnd 15 IDr ihe 4thf•n¢erner+t of •ducation of thÈ public the art of palnted, 5t•lned •nd d•cor•ted ¢l•ss •nd ih• de10ent of wt45¢ •pprethltioTr ol such irt by.. lal tht provlon of positoryfoi the sal¥•8• and 51ora8e ol mertt01ious•x•mes Otp•1nt. br1ed and decorated 41155 •t risk of lo ow dam8e, Iblth•f••ll•tl0D or r•wlini of ¥•ed1m in bwldyrfsof histar6til ¢y1h[lettr•I Inter•%t towhkh the public h•ve acc•ss. Th• Cutt•fTNst Fu Th[$ Fund derives frorn 8ener¥l furKls trterd io the th•rit¥ fvom The Gl•2fjrs' Cuttef Trust chartty w¢h efft from l December 2012. The tru51•e$ mty use the lund to support 5uth thrItsb Insthutlon or lTrrtltutlon5 •5 th•y s•9 fit •t their •bsDlute diKrnt¢on. Th• fJ1•21•rf Educatlon P•rtn•r5Ifp The luTrd w15 èstablish In 1022 and to be u5•d io edutte and knform pewS• of s•¢ondary s¢hool • •bouLthe •rt and cr•ft of stairwd ¢ls$soth•tt <an onioy bt asan artform Ind alsoop•n thdr n4ndsto • P955ibl• r•er ah•rnlt. Th• M•thrfjl•W• Fynd Thls fund was est•blished in 2ty)S by pa Phil4a Shaw to providt futu1• Mister fJ•zlers with 4 fund from which thty may m•ke (haritale d•ntboiis at their absole dixr•tion du¥in8 thelr rmS ol office. 34
THE 6LPIIERS' FOVNi)ATION IComp•n¥ number 07737934) ltharlty 11437rf1) NOIES TOTHE ACCOUNYS Iconthuedl FOR THE YEAR ENDED JO IIOVEMBER 2024 IJ. NET ASSETS OF TK CIIARIIY The chlritrfs net assets b•lon8iry to the47ri0u lunds as at 30 Ntsvember 2024 were Is follm.. Fund Unrestricted FurKIs Endo%rnt FurKI$ Restri(t•d Funds 27AIO 694.604 85300 120.885 3S.585 £702.389 £113,100 £R15.489 At .11201>. unrostrkl Funds Endowment Funds A•stTlrted Fund5 665.471 35,848 21.864 75,543 687,335 109,391 É701J19 É95.407 É796.726 14 CONTROL1I4GPARIIES The th•rft•bl• ¢onwny Is Uf¢der the control of tts tN5¢e (wl ¥r• •150 dtOrS und•T th• Cornp•ni•5 A<t 10061. 15. RELATED PARf¢TIIIJ4SAcnoN5 Th• Foundatian m•imt•lns• current accwnt wilh the Worshipful C4Jmpany olGlatlÈrs and P•inttts ofGlissl"the Worshlpld Cornp•ny"l. At theye4r •nd th• Foulldatitin owd £247 lothe Wofshipful Compny12023'. £165 wis owed io the Foundation by ih• Worshipfvl Com¥). Folov4in& receipt of a 8fft of £6.000 ¥h•r¢s durin¢ ihe 12023.. £2.OM receed1. It the ye•r end the Foundatlon hekl f36,OIY) 120ZJ.. E3.OMI ol w•fw•rK• sh•is fft Glaziers Hdl Limr(ed I"GHL"I, a tompany that manages Gl•iiev5' H•ll Ik¥hefe the wors"pful Comp•ny is basedl. Thtse sh•ies are held in the Foundatlon's GIlers, Trust Fund. Dtsi1 the ye•r GHL tharyed the Foundation £777 12023.. £8691 for c•tedni servlces In resp1 of prlztr8thn8 •v•nt5. m•otlnH (0515. etc. These ch•rAes wwe made on GML'sn¢)rmal commercial t•rms. At the year-end GHL w•s owed £56712023.. Enll. The tharity receNed divldend5 fvom holdin8 of weferencesh•res In GHL dufkng theye•r12023: noTrei. Noirullee recelved any r•muner•tion durin¥the yeai12023- rKpnEI. Dudni iheyearon•trU¥teedsté1rnbUrSed4TrÈx$)eTh5eof É3412023".onetrusteew•sTelrnbvr%ed £131 In re5pe¢t ol a Comp18¥ Houst ftt paid ol the FouTrttètr There Yeno othtr rel•ted p•rtyIr•rIctb)s{2023'. none) TRANSFERS AETWEEP4 FIINDS Trustees *8retd to trafisler 7.)1 to ihe Gller< Twu51 Fund wth •ft•rt from 30 Nov•mbir 2024 12023.. É35.8371 in order to redIt the def11 on that income fund. Al 30 November 2021 trustee5 ako agreed to transfer £2.500 fvom unre51flrted fvnds to the Glaziers. Education Partnership Fund to extin8ut5h an income deficit for thatyear on ihai fuTr 35
THE GLAZIERS. FOUNDATION (Cl**¥ 071379J4} {(harlty aumber. 11437001 NOTES TOTHf ACCOUPll5 Icontknu•dl FOII ThE YÉAA ENDED 30 NOVE141•ER 2024 17. COMPPJIATIVE STATEMENT OF HNANCIAL AcnvinE5 Y••rend•d 30.11.X123 F¥Thd• Incoffle Incom• from: Voluniary in¢om•- donation5 lincl. Grft Ahll 18.043 33.750 60,743 38.054 4.304 Othei in¢oThry 894 45.IJ04 52.687 InVement m•naym•nt ltts 13.9711 12241 14.1951 16M71 167.3141 173.9911 Totsl •xp•TrdtQur• 3.971 67.548 178.1861 •t r befor• 34337 11.9711 114.8611 2L505 Tr•nsf•r b•tween fvnd5 16 (38.3371 38.337 ILossesl on irwestmem •$ts 143.6411 12,4621 146.1031 IL 145.6121 2L014 124,5981 T01 fvnd5 •1 'nloI perlod 732.947 88.377 821.324 £687.335 £109.391 É7%,726 Therewere no othgr r•¢o8nised gains orlossesother Ih•nthe ttttincomlry resourcos Included abLv•. Th•rewere no di5¢Qntlnu¢d #tiivities durini ihe year. 36