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*kn￿ni NO￿$t Yard

THEGLAZIERS, FOUNDATION
(C￿p•￿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
$W￿rn¥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•Tr￿tees ha¥e¢OntInL￿d to strt￿le 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 comp￿e1¥. 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 dc*ninant commrtt•e. This r•t7•¢ts th• •dvic• w• hive been
v•n thatèducatKJn-bas•d initiatives are theone5 most liketytoattrxtfinancialsupportfromoutsid•
of the L￿try.
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 fi￿￿1•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 T*￿vant as th•y were wh•n th•ir b•n•f•rtors
cr*ate(I th•m. If it proves ￿l$$Ible ts Irft th• f•StrKt￿nS •ft•r consu￿t￿n 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 donatK*ns from Its lon4 t•rm
supporters. and li is hoped t￿t 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 stra￿btIOrW4rd irnnL
nowad•ys oft•n a tiny Fer￿ntale of the totsl reqtslred. is the b•st way of dlslrfb￿ini th• avail•b
fvnds. Posslbty 11 W￿ld 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•d￿1n( 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 b￿t'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 attIt￿le just browht that arra￿ement 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• w1￿h1o1 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
a￿￿￿1•$ 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 0￿￿tal Club in the West End of London. The panel. which will be instslled within
light t￿x, will celebrate the b￿ent*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 0fthe1rd￿l1ft 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 se*cted panel Cathy L•e as their w•ferred d•sign as It
incorporated images of P￿nts native to Indkni and the decision was taken to commisston Cathy to
produce and install her desryn Inio the rtdett*rated 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 w*M requested for the conservation Ind
environmèntal protect￿Tr 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. Pen*yry* Kent- Restor•iiM Grant
The window, depiciinl St Peter coming to the Lord •nd mad• by
Heaton, BUt￿r 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 Commel￿rat¢
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 Ot￿15 from th• u￿ry.
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 Glaz￿15, 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
po51t￿n 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 thrO￿h 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 ￿l￿eSOn 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 He￿n Russell worklnlwith students from St B•d•'s durlnA an in-school
workshop.

THE GiAZIERS' FOUNOATION
{C￿￿p•￿¥ number 077379341
(Chath number 114371X>I
CHAIRMAN'S REPORT Icmtlnued)
The Gl*lerf Educatlon Pwtnershlp16EPI {¢Mtlnued)
Southwork Dioreson 8oordolEducation IDiocesan Sclrookj l(ortinuedJ
main hi&hlight of the project and the
xperienees about which th• st￿lents 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 Glaz*r. john IleYnt￿n5 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 *d￿at￿)n
ed51 pupSls. Donations from several indNidual GIal￿r$ m•d• to the FoundatKJn funded the
WOfk5hops. whl¢h were led by art15t. Sophie Hacker.

THE fuiiEAS' FOUNOATION
IC•mp•ny nUm￿r 077379341
iaHrity number 11437001
CHAIRMAN'S REPORT Iconllnued)
The GI￿ley5, ed￿alr￿ P•trershlp IGEPI I¢￿11n￿ed)
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
It￿4n¥ number: 077379341
l(hwliy nuffiber: 114J70DI
TAUSTEES. REPORT IINCORPORAIINfj TIE DIIEcfois' REPOAT)
The Trustee5, who are also direct¢)fS for th• p￿￿se5 of the compon￿ Act 2006, present their ann￿1 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 r￿iStered with the Charity Commh55ion fDr E￿land and
Wale5 a5 a charTty wlth eff*d 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 Str￿tUrnI gk1$5 and ilass mosaks and the development of public
•ppr¢ciation of such art lrfludln8 bv:
•) th• prov15ionand pr•s•r¥•tion offiM•x•rnpknsof guch•rt In plx4swh•r•th•ym•y b• w•n by m•mb•rs
of th• wblk.
bl th• provision d rèposltory forth• ￿￿*{¢* •nd storay of m•rItor￿u$ •x•mpl•sd su¢h •rt •t rf$k of loss
or dama¢•;
cl th• r•4oc•tlon or of SI￿1•d Ilass In suitabl• bulkdlny lindudlry thom ot htstortul or
rchitectural Interest) to whi¢h th• publle ha￿ xc•ss,-
d) th• m•intalninK of a Ilbrary or Ilbrnri•s of books, Jwrnals •nd m•tsri•ls asxxlit•d wbth such art.. Ind
•> further1￿ ￿9¢•r¢h Into and th• stuth of such •rt th1o￿h any m••ns th• Trust••S 5•• fit.
111 At th• TNstee5' absolut• discr•tth. to advance •ny oth•r charlt•bl• pwpos• for b•n•fft of the publk,
includini but not limlted to. relief of pov•rty. distr•ss •rKI skknes5 IpJrtlcularty am0￿5t those eTrgaKed In
decoratlve Ilass making and relèted tfad•s and th•lr d•pend•ntsl and th• prry1$￿n of faciliti￿ for r•creation
*nd other leisure-tlme o¢C(pt￿n 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•zi*rs 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•rft*s.
These fOrn￿r char￿1•$ 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: I1￿7(A)I
TRUSTEES, REPORTONCORPORATr46THE DIREcfoRs' REPOAn{to*thx￿j
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 CutterT￿￿t 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 bro￿h1 Into the
Foundation. to8•th•r w￿h th• Master Gla1￿￿$ Charitable F￿d, pr•V￿U5fy set up •$ a fJ4F &ank Trust Fund.
Additionilly. the Craft and ComFetitions Ccrfnmittet. forft*rly • committ•• of the W0￿h1p￿1 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•••¥￿fic￿Tn¥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 M￿lmuM 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 ¢oft￿￿tth• busin•Hcf the FO￿datIon. 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• Found*ion 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￿ Infc*m￿l atr*>Jtth*work 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 Inves￿nt Managemer*t Limlted
l Ang•l Lan•
London
EC4R 3AB
io

THE GiNZIEKS' FoUNDA￿N
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$eqL￿nt￿,
were..
Mr. S. J. Graham
Mr. P. F. 8. B•esl•v
Sir St￿rtj. Etherfnglon
Elected Trustée and Chaimian
Elert¢d Trust¢¢ and Chairnwn Ir•tlr•d 10 Jufi• 20241
ctr0pted1E￿cted ind Deputyth•lmwn l)pwlnt•d •$ Co￿ptsd
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-offic￿Trustee lrntired 30 NvMmb•r 20241
Ex-offi¢bTrust••
Mr. l. Reyntiens
Mr. T. J. McNally
MI. H. Whittaker
Ex-officio Trustee
C*x>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 Tr￿tte 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 No￿rn￿r 20241
Cmptsd TnJstee l•ppoint•d 10 June 20241
Co-opted Tntst••
Ehct•d Trust¢• (retired 11 Nwmb•r 20241
Mr. M. N. Da￿on
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. Wr*ht
Th• Trust•es arè a￿0 Memb•rs of the ch¥ritabl* company. Th• charitable com￿nY is lirnit•d * I￿￿nt¥¢ and
does not have a share capital. In th• event t￿t 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 towa￿5 th• costs of
dlssolutlon and th• liabilities incurred ￿ the charitable comptny.
Th• Comwny Secretary is Mr. ￿ T. A￿lft.
R•¥iew of A¢tl¥lVes
The Trustees maintain 3n orrdnisational strwture whKh enab￿$ thtm io manage the WIde-ran￿n¥ 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 donat￿n$ and legacies. The
Trust¢95, togeih•rwith the FOuTrJat￿jn'scornmitteeS,then utilssethe incom•todischar8•thelr5pe¢ffjc ¢haritablè
otriect￿es. More detalled r•vi•ws ol the activiiiés of eath ¢¢)mmittee and fund during the period foll(rw.

THE GLAZIERS. FOUNDATTh4
ICThnpwry TrU￿ber. 077a79341
l(J*lty 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 pre*Uld4n￿ di5pen5ed, the Trust
only had th• re50urcqs lo shortli5t and asslst a small handful of stained 4lass consewvatK*n works. The fundlni
horizon Is In 8eneTrl more dMc4rft thjn ever fDr h•rlt¥• woi•cts. maklry the irants awa￿ed 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• GI￿l•r$ Trust rnpr•sents a small FX*rtlon ot the costs of
important s￿la1151 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 medr*v•l frrfm•nts It St Mary, St*lisfi•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¥m*nt 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 Op￿1c3t1on - wa5 Jwjrded to Bl•n¢hland Abbey for th•
Cons•rvat￿n report aut*￿[•d by the York G￿￿$ Trust. Thi5 8aV• th• parish •n add￿lDn•1 £500 t4y•4ards thelr
pro￿¢1, •n a¢colad• which th• applK•nts imm•d1•t•￿ u¥¢d in I￿1t $th$￿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 t￿K, 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•it*d in 1824 to wovide a méètin
plaee In London for~•ll peisonswlKS ha¥e reS￿d ortravelled or whose offlcial S￿￿atIon 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 red￿tr)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 Commiss￿n5 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' REl￿RT(INCORp0RAT￿GTHE DIRECTORS. IIEPORT>{i•ntln¥•dl
Rvllfftv ol Acll¥*l•sluxrtinu•d)
The Edv¢odon ortd Cwnmfttw (E&TCI
examlned by a panel af I￿1￿5 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 Ju￿1n8 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 presti1￿uS UK and European rtLKlk)s and Prncllslni artl$ts. In¢lUdI￿ B•rl•y %ydlos,
Canterbury C•th¢dnl Studios. R•yntlens StLKlb, HoM¥•ll G￿5$ 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 m￿h 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 I￿￿5 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 sQ￿hWark and Lambeth slnce 20)7.
ThL% introduttory s¢sslon •n8ag•d t￿ youn8 people, thrO￿h a ranie of actF4itie5. in the irim rnalitie5 of Irf• on
the streets for rowh sleepers and t1￿•ted th*lr understandin$ of home￿$$ne$S to a new ￿￿1 that would s••
them for￿ an a￿hentiC and intimate relationships with iheir de$i¢ns on thls topic.
They were particularly struck * the Invisibility and vulnerability tsf rO￿h $￿t￿r$, bythetr MIStre￿rnent byfèllow
human bel￿5 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 coll*etion, focusing on topi¢s linked with the tre*ment. over time. of peoF4e on the marKhn5 of society
through deprivation and pm. in varhyjs contTr5ty'ni charitabkn •TrJ d*sFQtK ways.
The highlight and the •xperiences atrnut which thè students and thèlr tèachèrs ènthused. how*v•r. wère their
o day workshops atthe Reynt￿$GIas5stud40.w￿Te focusturned to the practbceof desi¥nin$ and creati
13

THE GtAZlER5'FOUNDATTh4
Icompwry nuThbEr 077379341
lth*rlty humbÈt.' 11437fy11
TRUSTEES. REPORT(114CORPOIIAIING THE DIRÉCTOAS. AEPORTII(•rt
R•vl•w of ktl¥ldKl¢0nth￿d)
The Educotlon and Tmlnlnq Comrnfttee IEaTQltwrthM*dl
Glazlers. EduCat￿rt Partnershi
GEP
Southwork DiKe5un 8oardolEdu¢4tloft ¢￿tx*S0n Schootsj {continuedJ
• pi•ce of st•ined ilass, Working alongside their in5Plrnt￿￿al texher, renowned stained artist, Current￿ the
Master of the Worshipful Company olG￿l￿r$. John R•yntiens MBE.
The studènts lèarnéd the d•licat• art of ￿1$5 cuttinK and knJdin& each ryeatin8 an indNidual artefact to take back
to their 5choo15, and a150 praetlslni John Reyntiens. Inr*oVat￿e method for destqn. usin8 colla¢• and ch•rco•l,
culminatinq in th• students maklrq thelr own expre55iv• d•signs on hornekssness for a stalned gknss pan•.
For th• Redhill schod. •n iTrvxhooi workshop wlth local sialn•d ilass •rtist. H•l•n Russell, wJ5 very
•nthusi•stically recefved and provl(led stimuSatin¥ "hands on- ￿arni￿ expert•n￿ for th• proj•rt Students.
polntiTri out how th•ir d•si¥ffj coukl be adao¢d fora gl•ss I￿Ork.
ompl¢t•d d*sl¢nsw•r• submthd te th• R•yntiens Studbwherethyw•r• ass•mbl•d iThto 1 stalned ilass
panel by the •rti$ts on th• studio t•am. Ev*ry St￿1¢nI had I￿1rd•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 Comp￿tI0Th, 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 sU￿D¢*n of th• Cath•dral, Carth Mkha•l R¥*son, w•kom•d th• dN•rs• a￿lI•D¢e. Incl￿11￿ Coun¢Sllor
Naima Ali. the May¢r of Southwart th• 8tshop of iJoydon, Rosemarie Mallett, key membors of the Glaziers,
Company, and th• Reyntien5' St￿110 t•wn of artists. th• parents ofth• st￿￿nt p•rticip•nts and the head teachers
of tht schools.
StIKltnts t¢¢k Jn •¢t¢v• part ty w•s•ntiw hi¥hl*hts of th•lr •yperl•nc• of th• P￿J•rt •nd th*ir •rt & d•s￿n
t••ch•rs pubIK￿l ¢ommer%ded the proqre$5 made in using new •rtistSc t•chnlqu•s and how they had
d¢mon5tr¥t•d empthy and resp)nslblllty.
The reception was •nthusiastlully rncewod and •ll thos• ¥￿111n1 the completed ￿ne1 were mo¥ed ￿ se•in8
homelessn•ss and rough sleeping through the •y•s of th• w)un8 people. 'makln8 hbjden thlrrfds clear ar
understood,. using words •nd im•g•s in an expressrve w￿. as in Treal People with Care, and 'Seekln¢ Human
Kiwwjnèss..
Th• students, or'art15ts' 45John Reyntien5£alled thèm. acquirEdadeep appreci1t￿n of th•Jrt Jnd craft of51Jlned
lass,. they were fully exposqd to thè fundamentab and artisticiownay ofcreating a Stal￿d KFa55 pane. They a150
recogni5ed that it can be used to 'speak for those who can[￿t Speak for thèmse￿•$, and will Convey thelr
•Xper￿n¢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 a￿ut using the m•dium of staIr￿d ilass to ¢on¥ey a 5eriou5 m¢$5agè. It also gèneratèd stron

IHE GLAZIERS. FOUNOATION
(COMp￿Y numb•r. 077379341
iawlty th￿￿b¥r. 114371x1)
TRIrnES' REPORT IINCORPORATrIfj THE DIRECTORS. *EPORT) Itonthmedl
Rv•l•w olAcll¥lt5es Icontlnw•d)
The Educrtkn Trolnbjg Commlttee I￿rC) {c¢WrthN￿j
S¢Xrthwark Dlocesun Boordof Edu¢otlon (Olo¢esanSchoohJ I￿ntinued)
Interest in the craft as a career and both schoo15 wèr* sènt the womotional mat•rial for th• Stslr*d Glass
Craftsperson Apprenticeship delNered by UnNer51ty of Wale5'. Trlhity Salnt Davld.
The stalned ilass a￿ork Cf•at•d thfo*4h this project has le¥Ky and display value, convoyin8 an arrestini
messate, forour ind fDrfutw•i•n•ratK+ns. •t*)th a Jerious S￿*all￿$t￿e Issue. a5 seén thro¥hthe eyes of youn8
people.
Th• fiTra￿ pan¢1, Ilk• the 20Z3 1l•ss pan•1 on the topk of stri¢us sff*uth VIO￿￿¢* or knlf• ¢rim•, is pt)rt•bl•. for
display In a ¥•ri•ty of diff•¢ent envlronments irKI l¢x•ti¢)ns: they Jr¢ both currently ort wbli¢ ¥1￿ In Ch•p•l
of R*con¢llotlon In 5outhwark Cathedfal.
Schools worksljop proqramrne
Th• low cost workshop prryr•mm• bs oryanis•d wlth the intention that ￿rt￿(Pa11rrf arti5t5 feature havlly In
drivlni rt I0￿•rd.
L•st y•ar, 20yI, saw a pwrnmm• ofon•4•yworkshops ts*lni plKe in two Situat￿n5'. the P•f15h of St Andr•w'$
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•fk*ns 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 pr￿r￿n￿ne b now btini )¢tfvety planned, •8aln wlth the
InVO￿eMent 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 KI￿5. 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 mehtk*n 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 des*n overlay film for the stair¢ase windows in the schcol's art block
Andy Lan•- Chairm•n
TheStalnedGl0￿Aep￿ryc¢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 GlotsRe￿slt0ry Commlffeelcmtlm￿d)
ntin
The Repository released fy¥o pands to a church in Luton. 80th requirn mIr￿T 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 redi5￿a¥ 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 Inc1￿1*d 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 Tr￿sU1*r to th• R•FwItory
2023-24 was a s•cond of siinific•nt ch•ntr t¢r the Com)Itt••. Tkn Wr*ht 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 I￿Ure 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 f0llrm*i￿ grants wer• made..
Great•r London South East SertorCad*ts- £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 SUp￿rted ￿ th•
Britlsh SOc￿ty of MasterGlass Paint•rsl- £50tr.
Th• Stsin•d Glass Museum IFuture of Databa5e5 e¥tntl- £1.￿9.
16

IHE GLAZIERS. FOUNDATION
Icrynpw n*mber: 077379341
{CharMy iimb•r. 11437wI
TRUSTEE5' ftfPORT IWCORPORAIIP4G THE DmEaOR5' REPORI)
Ro¥lv* of Adlvllles{(¢th￿l¥￿d)
The RelleAIR MeedFund
Th* fund Is used to make to FYovKJt Mlief In cases of r￿d 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 prOfess￿n$. and Subject thereto. ta make 8rants in case5 of r•l*f in need of pèrsons who ore en8a8ed In th•
¢la5S trad•5. craft5 and wofessions.
On• innt of £I.5￿(2D23: £2,XMJI mad• thSs year to a dis•bl•d st•ln•d Cla￿ artist to JSSiSt wlth fUrt￿r
renovation ol his studio.
Th•Trustees ¢￿tINU• to welcom••ppliotlonsforswJportfrom anyon• In need who fjllswithln Fund's r•mit.
Rwlew ul FInand￿ Posltlon
Duringth• y•¥r. vdLmt•ry income lindudlnKGift rKtr4erablel of £53,17412023.' £60.7431. Investment Income
of £41.88712023.' £38,054) and othèr IAcom•of E8(￿j12023.' £8941 ¥*W• re¢éfv•d bythe Found)tlon. living a total
incom• of £95.86112023: £99.6911.
Asiiniflcant proportlon of th• Found¥t￿￿'S￿n¢offlecom•SfrornyoI￿fttarySoufc•s, m•lnly donltlofis and l•y¢l•8
and th• Trustees would like to ihank all our supwrttrs for their ¢•nerous fundin¢, whlch h•s oft•n ¢oniinu•d for
many ye•r5.
Th•r• wa5 *¥p•ndltur• of £4.07712023.. £4.1951 In r*sF*rt of inv•stment monaeèment fees, and £78.43812023:
£73,991) on charitabk a￿￿111•5 including iovern•nce. i￿1￿$ total expendSture of £82,51512023: £78,L861. T
surplus for tht V•af was I￿refOre £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 l￿d$ 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 distri￿ed 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 e￿nI that a surplu5 of irKome remains at th• end of the year. th•n the surplus can ba earrf•d to￿0rd and
added to the income available forthe followi￿ ￿ar.
17

IHE I￿￿￿￿$. FOU14DATIOII
Icw￿V Nmler. On379341
IOMwlty n¥mb•r: IA437001
TRU5TEES' REPORT IINCOAPORATING THE DIIECT0ft5' REpom {co*th*•dl
Inwstm•nt Polky
The TNstees have wide investment powers so tht any mnies and other Property forming p3rt of t￿ assets of
the Foundation may at any tim• be invested by the Trustees in anyway in which thtty In Ihelr absolut• dlscretion
think fit In all resperts as if they wert tht sole bènefKlal owner thereof, and any such Investments mayfromtim•
to tim• b• r•alised. tranSFosed or reinvested. Duri￿ th• financial year, Ih• •pp&"ftt•d inv•stment m)nagers,
Ravenscroft. contlnued to man¥e a p)rtfdb) of equitse5. kx>nds and pooled investment funds 4$ a b•lanc•d
portfolto, des1¥r￿d 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•th￿￿1 sertois. Htr•Av•r. folK￿lTr8 a serles of inter¥iew5 in
january 2025 wi<h th• curr•nt and Wtential alternative managers. th• Trustees de¢ld*d to transf•r the
mzna8ement of the Foundation's porrfoliJ lo CCLA Inv•rtm•nt Mana¢•rs Llmtled, to be tnvestsd In th•lr COIF
Chariti•s Inv•stment Fund. The tr3nsferwas completed on 24 March 2025. Wfth r•gard to Environff*ntsl, Social
and Governance IESGI issues, the COIF Fund has mlnthum ESG st•ndards acros5 its whole p)rtfOl￿ of Invèstments
and alm5 to act as ￿ent of 5¢xial and environm•ntal charrf•.
Rlik Pollcy Ind Unc•rt•lntl•s
The Trusts•s hav• carri•d out an assessment of th• major rlsks to whlch t￿¥ con3Klerih* ¢hirfty Is •xpos•d and
continue to take steps to miti¥at• those risks. They hav• tsk•n out indemnity insur•nc• and also cover for third
party risks.
Dlréttan. R•spoftslblllti
The dlrertor5 (who •re •lso th• Trustw und•r ch•rlty lawl ar• r•sP)nsib￿ for pr•p•rlr¢ the Trust••5' Report
{[n￿r￿>￿ting the Olrnctor5' Rewrtl and lh* ffimnchl statements In •ccortl•rK• wth applkabl• law and
ulations.
Under company l•w the directors m￿t prtparn fin•nchl ststements for each finJn¢l•l year and th,•y not
approve the flnanclal statem•nts unless they are satisfied thatthey #￿e J tr￿ and fairvièw of the state of a￿[r$
of the charitsble ccmpany •nd of its Surp1￿ or deficlt for that period. In prnparin¢ the flnantlal stat•m•nts, the
dSr•ctors are r•qulr•d t
s•lact suitabl• accountity polici•s and •pply th•m ¢onstst*ntty'
make judgements and accountlni •stimit•5 ¢￿t are re3son4ble and prthlert.
state whether applicable a¢eountlfvd Standards h•ve been folbwèj. subiect to any slinSflcant ch•ni•s
being disc105ed and explain•d in the fl￿n¢la1 stst•m•nts; and
Pr•￿1* th• financlal sr4temènts on th• 8oiTri con¢ern t4sis un1•55 it is irtapproprl•t• to pr•surrn that the
charltsble company will continue In Iw5ines
The dlre¢tots )r* res￿￿$[ble for keeping ad•quate accounting r•cordsth¥t a￿ sufficient to show and •xplain th•
Company's tran5Xtlons and disdos• with re•50nalAe accuraLy at any time th* fina￿la1 posltion of th• companv
and enable th•m to emure that the fmarKial statemènts comply with the Companie5 Act 2006. They are also
r•sponsibl• for safeguarding tht asséts of company and h•ncé fortsk[￿ r•ison4ble steps for preVent￿n and
detectKJn of fraud and oth•r irr•¥￿ant*s.
Th• accountsare preparèd inaccordan¢ewilhthe special proviSh￿saf Part IS of thecoM￿nIeSACt 2￿6 rekttini
to srnall companie5.
The financial statements hav• been prepar￿ in acrordance wrth the 3ccountin¢ p)Ikles set out in the notes to
the a¢counts and comply with the chariV5gOVtrnirqdocLKn•nL the Companie5Act 2CvJ6. the Charit￿$ 2011,
18

THE GLAZIERS, FOUNDATKIN
lcomp•￿ nurnber.. on379341
lth•rity numb•r.' 11437(Kl)
TRUSTEES, REPORT IINCOIIPOAATING THE DIREcfoitS' REPORn{mntIDu￿)
Dlrectors. Re5pon51blllths I¢￿15n￿ed}
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 a￿lmIan
Date:
16
2025
Regist•r•d offk•'.
Glaziers, Hall.
9 Monta8ue Clos•.
London 8r￿le,
London,
SEI 9DD
19

niE G(￿ER5, FOUNDATkY4
Icwpary num￿￿.. om79341
l(Iwliy fftumber: I14371￿}
114PEPENDEPIT EXAMINEf5 RÉPOATTOTHETR1J5TE￿0F￿ GLAZIERY FOUIThTION
I reportt0thecharityt￿stee5OTr mytxamlhatk)nof the￿C￿jnts0f the¢￿Il¢•ble£ompaItyf0rtheYe•re￿d￿d 30 November
2024. which are set out W Page5 21 to 36.
As the tiustrts of thÈ chafltable company land al￿ its diT*ttOts lor the purpose5 of cornp•ny l*wi you are resports&ble for
the preparatltsn tsft￿ •ccounts in ¥cordanc• *Trth ofth•Cornpanies Art 20c61.the 2006 Arfl.
H¥TrM¥ been s*tiS￿d 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•11t￿5 kt 2011 1.the 2011 ACVI. In carryir¥ out ex￿1￿11th I ha¥e
follow•d th¢ Divectlons8è4*en by the Ch•rityCQmr￿S¥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 t*use to bdk¥•:
•ccountlkVd r•¢4yds T￿t 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 rtgulr*mÈnts 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 exan￿￿110￿. 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 charit￿5 l•pplKat4• to chlrlties pr•p•rfn8 their
i¢¢ounis in 4ccord￿Ce wrth F￿1￿(1*1 Repafiirt8 SI￿dI1￿ •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 ￿derMIndin￿oIthtr •rwuhis ¢0 ￿ re*thed.
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
F*nds
Funds
(Not• 12)
Fu#ds
INom• •nd •ndOwrnffltsfr￿l.
VoluM*ry ￿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
T￿11
32.678
57.183
95.861
99,691
R•ldii lunds..
Inv•strn¢nt m*Nyment 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
Tr*nsf•rs b•tw••n fvnds
16
127.0011
27ml
G*knsl110ss•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
Th*rt were no other recoenised g•ins or losses othér th*n 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 tX*ZlfAS' FOUNDAT
(COMP￿ Nmb•r. 077379341
lth•ffty Mmbw. IX4371X)I
SUMMARY INCOME AND EXPE14DmlRE ACCOUI
FOR THE YEAR ÈNDED 30 NOVEMBER 2024
Yt*r ￿￿ed
1.111023
In￿me fory••r ry1s1%
Volunt*ry 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• (In￿M•￿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 Nty**mhr 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•$h at bank
20.011
8.662
121.978
9.135
120,302
150,651
133.426
Other credltors•nd accru•15
io
1375511
138.0191
113.100
%,407
£815,489
£796,726
Unrestricted lund5
Endowment luThds'.
permanent
Èxpéndable
IJ
li
li
13
12.13
66.236
628.368
66.105
621,230
694,604
120,885
687,335
109,391
Restrlcted Incorne fvnds
£815.489
E796.726
Thtrdir•ctors ¢or15id•r th*tthÈtompany isentitledio exernptionfrornthe requwernent to h•ve4n •udit underthe provLgion$
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 •(kn￿￿edge their re5ponybility for enwrin¥ that the
corn￿nY 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 cl￿par￿v 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 cornp*nv.
The flTr¥nci•l st¥t*mtnts have beet) prepared in •¢cordance with tht spffi•l prw75bun5 relatinl to rornwnie5 5ybie(t lo th•
srnall compan*es reulme wiihin Part 15 of the Coffvanies Ad lo￿.
Approv
he Bo*rd *nd s*ned on
beha￿0￿
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 lum￿r. 077379341
{th*lty IX4371xII
NOTESTO THE AccouKrs
FOR THE YEAR E140ED 30 NOVEMBER 2014
COMPANYIIIFORMATh)N
The GI￿1￿[¥ Foundatth Is * Pmvate tomp*ny limlted I￿1&￿1e* iegiAered kn E￿nd and wa￿%,
ieelllmlon numb•r 1507737934. The rel￿Ted01T￿e Lsat GI•￿rg ￿15. 9 Monu¥uÈ Close, Londor SEI 9DD.
The comparbv Is • fe*tered charsty. reRioered In wa￿ r•y5tr•tion numb•r 114371)0.
SIGNIFICANW ACCOUNTING POLKIES
b•* ofpr¢pw•lknTh
Th• finaTrci•l statements h*ve beert prewed undw Ihe hi5torirJl cost convention subject to Invtstffithti bÈl
c•rrlÈd *t rnarket ¥a￿U¢. on a I￿nI concwn b•sl¥ kn •ccoidance ¥Ath the Charity Cornmlsslon•15 Arcounlin8
*hd Reportln4 by ch*￿1••$-. 5t•t•m•nt ol R•cornrn•nd•d Pr•ctlc• appUcabl• to charP(1•5 Pf•P•riW th•lr
•ccounts in accord*ntt with the Fin*fici•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 J*nu*ry 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
•pplic*bl• rrful*ifjons.
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 P￿fid5 Stew11￿ I'£"l.
It4)
Th•trugt•Krnnwd¢r ihvt•r*tho m•twl•lun¢•rt•iblll•s*l)tyrt th•th•1￿bIt￿MP•Thrfs •bl4ty lo<on￿nUe •J
Iw ¢oncein. Re￿•￿ ol the fin•￿1•1 poytion •nd hJture ptsns I￿￿5 trustees. confld•nc• t￿t 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 20C*S, the tru%tw-
directus b•lng ol th• op￿100 th•t iheform•r •dopt•d r*fv¢ts mty•f*lr￿Ih• a¢tMti*s of tht th•rity.
Id)
The company Is • reehtqred ¢h¥ity ts not subi*rt to UK ca￿0r*I•tifft t*¥ ofi Its Ir*aff*or c•plt•l galns.
The finAnd#l 4t*téménts do hot indLTrd• • Ilow statement bec•Jse ihe charrtable company m•qt5 tht
crlterts foi exewknn from the requirement to prep•ie54Kh • 5t•re￿￿nI 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 ye*5 from the date the equlprnent was trnTr5ferred to the
tharity. Thè equi￿￿nt 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 Gl￿ER$. FOUNDATION
ICry•ny number: 077a79W
l(h•FIty 114J7fJ))
NOTESTO THE ACCOUNTS IcoThthiwd)
FOR THE VEATI ENDED 30 NOVEM8EII 2024
1. SIfjNIACANT ACCtyX4nNG POLThSlt¢)Atlnuedl
Atxounthii
UnrestrIci￿ fvnd5 are the *ctumd•ted w[p￿S￿S defKits on iéner*l funds whlth t￿ bt used In th
further￿¢¢ olthe obiectivesof thechrity •tlh• d1¥ret￿TrOlthÈffUsI*És. Endowment lunds represent capit81
hjnds ol the thrity. Restrlaed fvnd5 •r¢ th95e proYh4ed by donors on the condii*)n that they •re expended ofj
particular ¥5pe£is of the objects of the charity. Note 12 prDvldes detslls ol fe5trlcted funds.
Incom•
All In¢om• is accounted for kn th• SOFA the •rnowt c•n b• mo•5ured Tel•b￿ and there15 prub•bllll¥ of
re(￿p1.
ui
Exp•nditur* is itcouThi•d for on •n •cuy•bs b*sis aftd dI￿11ed undw h••d￿￿ ir+ th• Kcounts tNIt •¥yeK•te
11 ro5tSfelited to the ¢atfjory.
Ch•rttabl• %ll¥iti•s •xperAiiure indud•5 the costs ilentlh¢d is twhol￿* or matht •ttrllyrt•ble to th•
h•iil•bl* ¢bJ•¢tlvo.
*nts payable •r• accounted for when awarded urAess specrflc pwformancg ryit•ri• IpP￿t. Rt5t•r•tlan
qr•nts. ont••w•rded, •reav•M•W•to be d**ned ￿ the recipiwt for 2 ye•r8 but ih15 peiiod IN•y be •xtend•d
by • fvrihervear trTr ex¢epik•n•l ¢ii¢wh#•nces.' yant Ol1•r5r￿¢d￿rnCdWithIrt the*ereed pÈrl•d ir• wlthdr•twn
and ihe cost WTitten b•¢
Stspport ¢osts ire yneral costswhith tmabl•th• ch•rlWs •ctiwtie5 to be undert•kwTr •nd in¢lydo the costs of
8overn•AC• which velate to th• ienetd runnln¢ of the th•rty •$ opposed to dliett op•r¥tion*l m*naeement.
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 Ir￿￿4¢•￿ •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. Mon￿lry •ssrts held In • loreiin currencyat
the peiiod end b¢en translated •t the r•te ruliw at the b*lantÈ sh*et date.
(*)
Tlebtorsare r￿C￿l$ed 41 th¢ s•ttlwrtnt •mounidue. PrewyThwts arèvalued li the affl0￿1 prepald.
CreditOf5 and proviskffjs a￿ reco¥rMsed whor•the th•flty h*$ 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. (r￿lt{X5 wov&ons are n01rnal￿ reco#n￿ed at thÈ5r settlement
arn¢MEnt after allowing For any tradé dL$to￿ts 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
Tr￿1
Investrnent incorn•¢omprlses:
¢¢me from UK Ii*ed Invesim•nts
8aDk and oth*r 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. Lo5t*ithiel
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 m￿the 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 M*stei Glass Pa￿t￿%
HMS K*nt INl**t*r G1*21*rs' fundl
Treloar Trust (Ma￿*r 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 I￿1￿1d￿lS1
Ashton Hill 8nnts fw dewèloprnent of ski115 tow*ds prattle•l uroer$12
Indivi¢￿4￿112023. 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 Ed￿CItI￿n P•rtn•v5hvp proi•cts and tours I￿•11￿5. £dI￿tion
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 (ind￿J￿priz￿fvi￿ •rKI ¢ornpetitiOnlKtr￿I￿5 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 exim￿a￿0
•ccount•ncy 5eThtices
taxatioh 5erhice$11023: irKludInicorpor￿Ion wofkl
Trustees. rneeiiw experw n￿na8Q￿￿ftI 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 w￿luMentS(lO15'. ftonel
28

THE ¢￿￿ER$. FOUNOATION
Icothpany number. 07F379341
Ichwlty nwnber: li437￿>
NOTESTO ACCOUPITS (tonfln4*d)
FOR THE YÉAR ENDED 30 NOVEMBER 2W4
7. TANGI•LE FIXED ASSET5
Cutter
Cost:
At l Decornber2013
Add4tions in ywr
3.478
At 30 Mo¥•rnber 2024
3.478
D•pi•d•don:
Ai l D•cemb•r 2023
Ch•riq for yur
3.478
AI 30 Na¥•rn￿r 2024
3.478
N•t book •t *Na4•mbw2024
N•t book value at 30 No¥ernbtr 2023
•. INVESTMENTS
Inv•stmtnls •r* held prlm•rfty to pro¥ldean kn¥estment forihe chirlty. mwe￿*￿ts In the year
Ywrto
Y••r to
11.1014 >111.X123
Brou¢ht forward l December 2022. •1 v•hJe
Purch4s*d durin8 y••r
Sh•res rttaved by way of R
DIspO￿lS in ve•r- proceeds
Wet110sse¥l on d￿P¢All5durinR¥tlr
Nrt 8wnsl 110$￿) on rtht•lu*i¢>n Otlrwestn￿ts
701.319
24,968
751,831
32,440
2.000
138.8491
19071
145.1961
135.3151
14111
S￿8
Market value at 30 14owmb•r 2014
E702,389
E701 319
Hi#ori¢ co# •t 30 NOY￿ber 2024
£668.787
É699,703
In¥•￿ments •t m•rkel W￿￿•(OmplIse.
.11.2024 *.11.2023
UKitsied Irbvestn￿tS
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 GLA￿￿5. FOiJNPATION
￿M￿or. 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 F￿d
The Edw•rd Boyddl Ubi*ry Fur
The Relwf in Ne•d Fund
The St•lned Gla¥3 R•posikny Fur¥J
The MJ5ter GJ*tler'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 h*d * m*rket ¥•lue In excess of 5% olthetot•l portfrlllo v•hJ• Is •t JO
November 2024..
.ii.J)24 ￿.11￿024 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 Investm*nt 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.
GuInn￿S 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
ICwi*ny number: 07n79341
Ichwlty numbw: 11437WI
NOTESTO THE ACCOUNTS Iconlln*•d)
FOR THE VEAR E14DED 30 PIOVEMBEA 2014
10. oniER cREDif0￿ ACCRUALS
30.11.XQ4 ￿.11.1￿23
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 writt*n duiity th•ye•i
Amounts paid d￿￿￿4 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 A￿rdS F￿d
The Edw•rd Boydell titsrary Fund
Th• stained Glass RePo￿tOry 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 30N0￿A1￿ER 2014
11. ENDOWMENT FUN￿ ItoMthu•dl
Year qnd•d 30.11.2I.
Pqrm•n•nt •hdtv*rnwitfwMI:
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 s￿1￿•￿ 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 Aw*rth
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 F￿d
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"
I37￿77)
33.629
4,916
17.848
69.729
4.$47
3.221
8,412
16.764
715
3.281
11.844
1.529
1.61S
1.479
£S2.687
112.1471
38,246
5.631
18,629
71,798
3,6S9
114
8,891
£109,391
12.5001
17.3131
12.4171
17.2321
12.4621
2.500*
IE67.5481
IE2,4621
£38,337
I'l-Se• nor• 16.
Dets115 of r•strKt•d funds..
The ve5trirttd Incom• funds w•r• •st•bNsh•dio rtceive ￿0M￿frOM theendowmetr)t funds11st•d In not• 11 •bo¥
•nd fvovn app1lt1b￿ doniiknn5.
Th• GI•Eb•rf TrustFund
Thls fund d•riv•s fiom i•nwal funds tr￿sIer￿d io ihe chaflty frorn The Gl•ders' Trust <h•rfty with effert from I
Oecember 2012. Th• fund 1$ used foi the •dvwcerneni ol education •nd the beMfli of the public, lo lurther
knowl•d¥•. under5t•ndini •nd app￿ClaI10Th 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, Wth*ls •fid m*t¢1￿1.
Th• Norn1￿ Alhtrm HIY mv￿11•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 ¥r￿ult* a 40-wetk tralnlnq
placement in a selectioDof leathnE ￿ud￿J5. Grants ￿TeM•￿e¥r￿n￿•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
(c￿paNY 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 •b￿l. The nw¢ed is io be The
Ashton Hlll Awards Fund.
Thè E**ard 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•f*t •Thdo¥mient fund trMnsfwred to the <h•rity froffj The Gl•tl•r¥' Ch•rlty for
Rd*l 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 wJdo*s wd other dewndents. Ind sth)èct ther•to, in rnakin8 gr*nti
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• d￿e10￿￿ent of wt45¢ •pprethltioTr ol such irt by.. lal tht prov*lon of
positoryfoi the sal¥•8• and 51ora8e ol mertt01ious•x•m￿es Otp•1nt￿. ￿*br1ed and decorated 41155 •t risk of lo
ow dam*8e, Iblth•f••ll￿•tl0D or r•wlini of ￿¥•￿ed1￿m in bwldyrfsof histar6til ¢y1￿h[lett￿r•I Inter•%t towhkh
the public h•ve acc•ss.
Th• Cutt•fTNst Fu
Th[$ Fund derives frorn 8ener¥l furKls tr￿￿ter￿d io the th•rit¥ fvom The Gl•2fj*rs' Cuttef Trust chartty w¢h efft
from l December 2012. The tru51•e$ mty use the lund to support 5uth th*rItsb￿ 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 edut*te and knform pewS• of s•¢ondary s¢hool •
•bouLthe •rt and cr•ft of stairwd ¢l*s$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￿ Phil*4a Shaw to providt futu1• Mister fJ•zlers with 4 fund from
which thty may m•ke (harital￿e d•n*tboiis at their absol￿e 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 d￿￿tOrS 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 Comp*ny12023'. £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 rece￿ed1. It the ye•r end the
Foundatlon hekl f36,OIY) 120ZJ.. E3.OMI ol w•fw•rK• sh•i*s 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
GI￿lers, Trust Fund. Dtsi1￿ the ye•r GHL tharyed the Foundation £777 12023.. £8691 for c•tedni servlces In
resp￿1 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¥tee￿dsté1rnbUrSed4TrÈx$)eTh5eof É3412023".onetrusteew•sTelrnbvr%ed £131 In re5pe¢t
ol a Comp￿18¥ Houst ftt paid ol the FouTrttèt￿r
There *Yeno othtr rel•ted p•rtyIr•r￿Ictb)￿s{2023'. none)
TRANSFERS AETWEEP4 FIINDS
Trustees *8retd to trafisler ￿7.￿)1 to ihe G￿ller< Twu51 Fund wth •ft•rt from 30 Nov•mbir 2024 12023..
É35.8371 in order to redI￿t the def￿11 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
InVe￿ment 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
T￿01 fvnd5 •1 ￿￿'n￿l￿￿oI 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