REGISTERED CHARif¢ NUMBER: 1172474
REPORT OF THE TRUSTEES ANO
FINANCIAL STATEMENTS FOR THE YEAR ENDEO
31 December 2023
FOR
THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
(• Charltabl• Incarpor•t•d Oryanlsat5onl

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHAR
QNTENTS OF THE FINANCIAL sfATEMEPUS
FOR THE YEAR ENOED 31 December 2023
Pale
Report of the Trustees
3to8
Independent Examinerfs Report
Statement of Financial Actlvltles
io
Balan￿ Sheet
li
Notes to the Flnan¢lal statements
12to19

THE WORSHIPFUL COMPANY OF HACXNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOA THE YEAR END£D 31 December 2023
The Tru5ttès prèsent their report with the finantial statements of the Charity for the year ended 31 December 2023.
The Tru5tee5 have adopted the provisions of Accountin8 and Reporting by Charities.. Statement of Recornrnènded
Practlce applicable to charities preparin8 their accounts in accordance with the Financial Reportlng Standard applicable
in the UK and Republlc of Irdand IFRS 1021 leffectNe l January 20191.
OBJECTIVES AND ACTIVITIES
Oblertlve5 and alms
os
and aim
The Worshlpful Company of Hackney Carrla8e Drivers Charity. objerti¥e5 and alms un be summarlsed as follows.
To admlnlster benevolence when approprtate to members of the Worshipful Company of Hackney Carrla8e
Drivers, retlred members, and widows or widowers of members.
To organise a Magical Taxi trip for the benefit of children with lrfe threatening diseases to Dlsnewand, Parls
In a convoy of taxis, which trip is to be seM.funding by donations or sponsorship a5 far as is practical.
To support the charttable work of the Worshlplul Company of Hackney Carrla8e Drl¥ers, its afflllated
schools and military unlts.
To make 8rants, award5 and donatlons to any tharlty In¢ludin8 the nomlnated charlty of the Lord Mayor of
the city of London.
To support other Hackney Carrbaie Trade Charities to our best endeavours.
En
rln
our work d Ilvers
ur aim
We revlew our alms, oblectlves and actlvltles each year. Thls revlew looks at what we achleved and the outcomes of
our work In the prevlous 12 months. The review looks at the success of each key actlvlty and the benefftts they have
brou8ht to those 8roups of people we are Set up to help. The review •lso helps us to ensure that our aim, objectives
and actlvltles remained focused on our stated purpose5.
We have referred to the guidance contained in the Charity Commission'5 general 8uldan¢È on publ1¢ beneflt when
revlewln8 our aims and oblectlves and in plannin8 our future aetrvities. In particular, the Trustees consider how planned
actlvltles w511 contrlbute to the alms and obiedl¥es they have set.
The focus of the Charlty's Wofk cont1nu￿ primarity to be the or8anisatTron of an annual Magical Taxi Tour for Children.
The Charity was able to organise a sucte55ful 28 Magical Taxi Tour for Children in 2023 after havin8 to suspend the
trlps In 2020 and 2021 due to 8ovefnment restritiions imposed during the Coronavirus pandemlc.
The NHS Llvery Kft¢hen project came to a natural conclusion In 2022 w￿h the lfftin$ of the restrlctlons Imposed durlng
the Coronavirus pandemic.
The Trustees have pald due regard to guidance issued by the Charity Commisslon In decldlng what actlvltles the Charlty
should undertake.

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2023
STRATEGIC REPORT
A¢hle¥ement and perfomi•n¢e
Choritoble activitie5
Howo
r attivities deliver
ublic benefi
In settin8 our objettives and planning our activities the Trustees have 8iven careful con5ideratlon to the Charlty
Commlssion's 8eneral guldance on public benefrt, includlng the Buidance on public benefit and fee chorging.
Our main artivities and who we try to help our descrlbed below. The Charlty's actlvitles continue to focus on our ablllty
to provlde support to charitable activities undertakèn wlth the Worshipful Company of Hackney Carrla8e Drlvers.
XIT
rf rchll
The annual Matital Taxl Tour for Children normalty tskes p￿ce In September each year. The complexity of thls tvent
and the fund raising to finance it require5 lon8 ttm advanced plannin8 over many months.
The 2020 and 2021 Ma8lcal Taxl Tours were cancelled because of the Coronavirus pandtmlc,. cllnlcally vulnerable
Chlldren could not be put at rlsk, the NHS and London Ambulance Servl¢e were under Immense pre55ure and there was
travel ban in pla¢e whleh prevented thls event from runnin8. It was therefore a pleasure to be able to wel¢ome the
¢hildren batk onto the 2022 and 2023 Magical Taxi Tours with many new drlvers taklng part for the first tlme. However.
the costs of runnin8 ihis tour have Increased slgnlficantty and the Charity is se*klng increased sponsorship to 5ecuTe the
fvture vlabllity of the event.
The Charity 15 proud of the 5UPPOrt that it provides to other C4b Trade Charltles, The Clty of London and our afflllatlons
with the 20, Trin5PQrt Squadron Royal Logistics Corps. thè Royal Naval School of Fll8ht Deck Operations, 504 Squadron
Royal Auxlllary Alr Force and the Royal Docks Communlty School.
TheTrustees wlsh to record thelr appredatlon toallofthe many supportersof the Charity and especiallytothe members
of the Worshlpful Company of Haekney Carriage Divèrs livery company for their continuing hard work and dedication
to our purposes and we look forward with Confidence to ¢ontlnuin8 our work in the future.

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 De¢ember 2013
STRATEGIC REPORT
Flnandal revlèw
Finoncitsl position
The Statement of Financial Artlvtiie5 show5 total Income for the year ended 31 December 2023 of £433,35912022 -
£291,15n and total expenditure of £389,38312022 £332.308) thereby increasing by £43.97612022 - reducing by
£41,151) the Charity'5 total funds as at 31 Oecember 2023.
There were unreallsed galns on Investmènts as at 31 December 2023 of £6.60712022- unreoli5ed 10$5es of E13,3131.
There h35 been a net cash inflow durin8 the year ended 31 Orfember 2023 of £40.782 f2022. netcosh outy7ow tott711ing
£38,220) and at the year end the Charty had £413,07912022 - £372.19TI of cash balancès Ilncluding term deposits)
available to meet Its day.to.day operatlonal requlrements.
The total funds retslned In the balance sheet as at 31 December 2023 amounted to £485,06212022- £434.4791.
Reserves polky
The actlvltle5 of the Charlty, partIculaT￿ the Ma8kal Taxl Tour for Chlldren. requlre advance plannlng over several year5
which Create slgnificant contingent financial liabilities for future c05t5.
The reserves pollry of the Charrty Is to maintaln sufficlent Ilquld reserves, in either restricted or unrestrl¢ted funds. at a
level whlch equates to between two and three years of total èxpenditure in a normal year.
Golng Concern
No matters have come to theattentlon ofthtTrustees which might suggestthat the Charty wlll not be abl* to malntaln
Its current actlvltles for the foreseeable future. The Truste*s have, therefore. considered that It is approprlate for the
financlal statements to be prepared on the 8olD8 concern bay>
Future plans
The endlng of the Coronavlrus pandemlc restrrrtlons allowed the Charlty to reinstate the Ma8ic•I Taxl Tour for Children
In both 2022 and 2023. Plans are well advanced for the 2024 trlp io Dlsneyland Parls. The Charlty wlll contlnue to
monltor closely the Coronavirus sltuation and respond approprlately to any changes that may arise.
The Charlty ¢ontinuÈs to support individual London Taxi OrNers whose arè sufferln8 financlally and to be avallable to
or8anise and partlclpate In other forms of support to the City of London.
STRUCTURE, GOVERNANCE ANO MANAGEMENT
Governlnl docurntni
The Worshlpful Company of Hackney Carria8e Drivers Charlty Is a Charltable Incorporated Organlsatlon Ire8lSteTed
number 11724741.
The Charity 1$ 8overned by a trust deed dated 27th August 1996, a variation deed dated 1° February 1999, and a further
variation deed dated 20 Detember 21)J7. The Charlty converted into a Charitsble Incorporated Or8anisation on yh
April 2017 having adopted a new con5triution on 8 December 2016.
The Charity is Independent￿ governed by bts Trustees thTOU8h the 8tsard of Trnstees who are Members of The
Worshipful Company of Hackney Carria8e Drivers, which is a Clty of London livery company.

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2023
sTRU￿URE, GOVERNANCE ANO MANAGEMENT
Govemlni document Icontlnuedl
All Trustee5 Of the Charity are Members of the Charity and there are no other Trustees or Members.
No Trustee or Member has any benenclal interest in the Charlty. Trustees and Members not requlred to contrlbute to
Its assets in the event of the Charity being wound up.
Re¢rUItm*￿ and appolntment of new trustees
The Court ofthe Worshipful Company of Hackney Carriage Dri¥ersappointsthe Tru5teesvthoare admitted as Members.
As Set out Sn the Charlty's Constltutlon one-thlrd of the Trustees shall fetlre and seek re-elertlon at every Annual General
Meetlng. Each Trustee may serve for renewable terms of three years up to a maximum of 12 years. service In total.
A Member shall Cease to be a Member immediatety that they cease to be a Trustee of the Charlty for any reason.
All Trustees glve thelr time voluntarily and re¢elve no benefits from the Charlty. Any èxpenses reclalmed from the
Charlty are set out In the note5 to the financlal statemen
Ory•nls•tloTh•l rtru¢ture
The Charltyls organi5ed 50 that Its Board of Trustees meet regularly to manage Its affairs and formulate pollcy.
Two Trustees are appointed by the Board of Trustees io be responsible for the day-to-day runninB and fln•nclal
management of the Charity- The Honorary Treasufer is res￿nSIble for the preparatlon of the annual a¢countS.
Durln8 the year ended 31 December 2023 the Charity has contlnued to adhere to the Charlty Governance Code for
Smaller Charltle5 uslng the Code's seven key princlples as a tool to support the contlnuous Improvement of Bood
governance.
Inductlon •nd tr•lnln8 ol n•w Irust••s
New Trustees undergo an Induaion meetlngto brbel them on legal oblliation5 under ¢hirlty law, the Charlty's declslon-
making processes and the recent financial performance ol the Charlty. Trustee5 are en¢oura8ed to attend approprlate
external tralnlni events where these will facilitate the understandin8 of their role.
Key manaiement rnmun•ratlon
In the Trustees, oplnlon. the key management personnel of the Charity responsible for the dlrertlon, control, runnlng
and operation of the Charity on a day-to-day basis consists of the Board of Trnstees.
mana
ement
rsonnel- Trustees
All Trustees glve of thelr tlme freely and no trustee received remuneration durin8 the year.
Detalls of Trustees. expenses and related partytransactlons are dSsclosed In notes 17 and 18 to the financial statements.
Rlsk manag•m•nt
The Trustees have a duty to identify and ￿VIeW the risks to which the Charlty Is exposed and to ensure approprlate
contro15 are in place to provide reasonable assurance against fraud and error.
The Trustees have examined the major strate8io busine55 and operational risks that thè Charity faces and conflrm that
systems have been established to enable regular reports to be produced so that necessary step5 can be taken to Itssèn
these rlsks.

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE ORIVERS CHARITY
REPORT OF THE TRUSfEES
FOR THE YEAR ENDED 31 DKember IOZJ
REFERENCE AND ADMINISTRATIVE DETAILS
Reilstered Charlty numb•r
1172474
fie81stered offk•
PO Box 2113
Chi8well
Essex
IG7 680
Trustees
Mlchael Davles
Phillip Davis
Peter Johansen MBE FCA
Danlel Heath
Malcolm Llnskev
Sllverlo Olivelra
Alan Rou8han
Wendy Sorrell
Chalr
Secretary
Honorary Treasurer
Independent Ex•mln•r
Andrew Hall
Chartered Management Accountant
Chalfoni Atcountlr*g Servkes Llmlted
12 The Grove
Latimer, Che5ham
Buckln8hamshlre
HP5 IUE
B•nkefS
Nat West Bank
Clty of London Branch
Prlnces street
London
EC2R 88P
Barclay5 Bank PLC
Bedford Row Branch
Lelcester
Leicestershlre
LE87 2BB
United Trust Bank
l Ropemaker Street
London
EC2Y 9AW
Union Bank of India IUKI Ltd
Senator Htsus*
85 Queen Virtorla Street
London
EC4V 4AB
Cambrldge & Countles Bank Hamp5hlre Trust Bank
Charnwood Court
S5 8ishop4ate
58 New Walk
London
Leltèster
EC2N 3AS
LEI 6TE
Redwood Bank
101 The Nexus Bulldlng Broadway
Letchworth Garden City
SG6 3TA
Investment Manayrs
CCLA Investment
Senator House
85 Queen Vlctorla Street
London
EV4V 4ET

THE WORSHIPFUL COMPANY OF HACKP4EY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2023
STATEMENT OF TRUSTEES RESPONSIBILITIES
The Trustees (who are also Member5 of The Wofshipful Company of Hackney Carriage Drivers Charity) are re5ponslble
for preparing the Report of the Trustee5 and the financial statements in accordance with applicable law and United
Klngdom Accounting Standards (United Kingdom Generally Accepte(l Ac¢ounting Pfacticel, includlng Financial Reporting
Standard 102 "The Finantbal Reporting Standard applicable in the UK and Republic of Ireland"
Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view
of the state ol affairs of the Charitable Company and of the incoming resources and applicatlon of resource5, including
the income and expenditure, of the Charitable Company for that peri¢xl. In preparin8 those financial statement5, the
Trustees are required to..
select suitable accountint policies and then apply them Conslstently:
observe the methods and prin¢ipl¢s in the Charity SORP,.
make jud8ements and estimates thai are reasonable and prudent-
state whether applicable accounting standards have been followed. 5ubjertto any material departures disclosed
and explained in the financial statements..
prepare the financial stotement5 on the going concern basis unless It Is Inapproprlate to presume that the
Charitable Company will continue in business.
The Trustees art re5pon51blt for keeplng proper atcountlng records whlch dlsclose wlth rèasoftable accuracy at anv
Ilme the flnan¢lal posltlon of the Charltable Company. They are also responsible for safeguardlng the assets of the
Charitable Company and hence for takin8 reasonable steps for the prevention and detection of fraud and other
irregularities.
In $0 far as the Trustees are aware..
there Is no relevant Informatlon of whl¢h the Charltable Company's Independent Examiner Is unaware,. and
the Trusteès havt takèn all step5 that they oughi to have taken to make th•mstlves aware of any relevant
Information and to establish that the Independent Examinei is aware of that information.
Independent Emamlner
The Independent £xaminer, Andrew Hall, will be Proposed for re-appointment by the 8tsard of Trustees at thelr next
meeting.
Thls report h45 been prepared in accordance wlth the provlslons of the requirements of the Charltles SORP IFRS 1021
for smaller charities.
Th
epo
nd si
f the Trustees, incorporating a strategic reporL was apprtsved by ordèr of the Board of Trusttes. on 29 July
ned on the 8oard's behalf by-
Michael Davies- Trustee

INDEPENDENT EXAMINERS'S REPORTTO THE TRUSTEES OF
THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
(REGISTERED NUMBER: 11714741
Re5POn51bllltles and basls ol report
I report to the Trustees ofThe Worshipful Company of Hackney Carriage DrNers Charity (the Yrust'l on my examination
of the accounts for the year ended 31 December 2023 which comprise thè Statement of Financial Artivltles. the Balance
Sheet. and notes to the financial statements. includlng a summary of 518nificant accounting policie5 as set out on pages
12 to 14.
As the Charltvs trustee5. you are re5ponsiblÈ for the preparation of the accounts in accordance with the requlrements
of the Charltles Act 2011 Iyhe Acfl and you ¢onsldÈr that the audlt requirements of Part 8. Chapter 3 of the A¢t does
not app￿.
I report in respect of my èxamlnatlon ol the Trust's accounts carrled under section 145 of the 2011 Act and In
carryln8OUt myexamlnation, I havefollowd all th• applieabbe Dlrertions8iven byth* Charity Commission under sertion
14515llbl of the Art.
Independent Eumlnerfs sM*ment
I have completed my examination. I confirm that no material matters h￿e come to my att*ntlon In connection with
the examinatlon whlch Blves me cause to believe that in •ny material respect-
the accountlng records were not kept In accordance wlth seak)n 130 of the Charltle5 kt.. or
the accounts did not accord with the accounting r*tords- Of
the accounts dld not comply wlth the appllcable fequlrements concerning the lorm and content of accounts
set out In the Charltles (Accounts and Reports) Re8ulatlon 2C¥)8 other than any requlrement that the accounts
8lve o.true and fairt view whlth is not a matter considered os part of an indtpendent examination.
I have no concerns and have come across no other matters In connertlon wlth the examlnatlon to whlch attentlon
should b
n In thls rèport In order to enable a proper understandln8 of the accounts to be reached.
Andrew Hall
Chartered Mana8ement Accountant
Challont Accountin8 Services Llmited
12 The Grove
Latlmer, Chesham
Bucklnghamshlre HPS IUE
29 July 2024

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHAltirY
STATEMENT OF FINANCIAL AcTrvmES
(INCORPORATING AN INCOME AND EXPENDITURE AccouKn
FOR THE YEAR ENDED YI December 2023
2023
Unre#rk*d
Restrkled Tot•1 funds
Iv¥1 fvnds Olsney fund
2022
Total funds
Nth
INCOMING RESOURCES
Income from:
Donations and le8acles
Other tradln8 aCtlvitie5
Investment Income
Totsl Incomlni resOUrteS
765
6.025
6.324
13.114
393.625
19,199
7021
420,245
394Ag0
25.224
13.745
433.359
268,550
15.126
7.481
291,157
RESOURCES EXPENDEO
Expendlture on-
Rai5in8 funds
Charitable activities
Support and governance costs
Tot•1 resources expefided
2J95
25.162
532,149
26,472
381,783
26,057
J36.787
26.539
389,383
12,818
301,722
17,768
332,308
67
NET IEXENDITUREIIINCOME BEFORE
INVESTMENT IL055E5IIGAIN5
Net Ilossesll8alns on Investments
NET IEXPENDITUREIIINCOME
5514
6.607
12,121
38A61
43,976
6,607
$0,583
141,1511
13.313
154,4641
38A62
OTHER RECOGNISED GAINSIILOSSES)
NET MOVEMENT IN FUNDS
38,462
50,583
154,4641
RECONCILIATION OF FUNDS
Total lunds brought forward l January 2023
Tffj•l fvnds t•rrI￿ forw•rd JI Oe¢*mber 202>
156
168.961
277,639
316.101
434,479
485.062
488,943
434,479
io

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
IREGISTERED NUMBER: 11724741
BALANCE SHEET
AT 31 December 2023
2023
Totsl funds
2022
Total fund5
Unre5trlcted
8eneral funds
Restrlcted
Dlsney fvnd
Nrte
FIXED ASSETS
Heritage assets
Investments
Total Flxed Assets
11.369
110,894
122,263
11.369
110,894
122.263
11.369
104.286
115.655
CURRENT ASSETS
Stocks
Debtors
Investments
Cash at bank and in hand
Total Current Assets
io
li
12
13
82.960
14.078
176.477
139,564
259.437
153,642
414,079
251.240
121,057
373,297
CREDITORS:
amounts fallin8 due within one y*ar
14
1,280
4,473
NET CURRENT ASSETS
%,698
316.101
412,799
368,824
TOTAL ASSETS LESS CURRENT LIABILITIES
118.961
316.101
535,062
484,479
CREDITORS:
amount5 fallln8 due after one year
15
50,000
50,(M)O
TOTAL NET ASSETS
J16.101
485.062
434,479
FUNOS OF THE CHARITY
Unrestricted 8eneTal fund
Restricted Disney Fund
TOTAL FUNDS
1fj8.961
168,961
316,101
485,062
156.840
277.639
434.479
316.101
316.101
168.961
Thesè financlal statements ha￿ btèn prepared in accordancè with the provlsions applicable to charitable companies
subject t the smallèr companiès. regime.
Th
financi
statements were approved by the Board of Trusttts on 29 Juty 2024 and were signed on its behalf by:
Michael Davies- Trustee
PetPr Johan5
MBE FCA- Trustee
li

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE ORIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 t>e(ember IOZJ
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
General Infoimatlon
The Worshipful Company of Hackney Carrbage Drivers Charity is a charlty Incorporated In England and Wales
(Reglstered Charity Number 11724741. The address of the Charity's re8iStered office is PO Box 2113, Chigwell,
Essex. IG7 6BP.
Ac¢ountlno con¥entlon
The financial statements of the Charity, which is a public benefit entity under FRS 102, have been prepared In
accordance w6th the Charltles SORP IFAS 1021 "Accountin8 and Aeportlng by Charlties.. Statement Df
Recommended Pra¢tl¢e applltablè to charities prepaTiD8 their accounts in accordance wlth the Financlal
Reportin8 Stondard applitable in thè Unlted Kingdom and Republi¢ of Ireland IFRS 1021 leffective I january
20191" Flnancial Reportin8 Stondard 102 'The Financial Reportin8 Standard applicable in tht UK and Republlc
ol Ireland" the Companles Act 2(X)6 and tht Charities Act 2011.
The flnanclal statements have been prepared uslng the hlstorlc cost conventlon and are presented In sterlln&
which is ihe fundional currency of the Charity, rounded to the nearest £1.
The sl8nlflcant a¢countlne pollcles applled In the preparatkjn of thest financlal staternènts are set out below.
Thest pollcles have beèn conslstently applled to all yeafs presented unless otherwise stated.
CHARITY STATUS
The Chorlty 15 a Chèrltable Incorporated OrganlsatSon. The Members of thè Charlty are the Tru5tee5 named In
the Report of the Trustees. In the event of the Charlty being wound up the Members have no Ilablllty to
contrlbute to Its assets and no personal responsiblllty for settllnq its debts and liabllltlts.
GOING CONCERN
The flnanclal statements have been prepared on a golng concem basis as the Trustees belleve that no materlal
untertaintles exlst. The Trustees have con51dered the level of fvnds held and the exp*¢t*d level of Income and
expendityre for 12 months Irom authorising these financial statements. The txpe¢ted level of Income and
expenditur* is sufficient wlth the level ol reserves for the Charity to be able to continue as a golng concern.
INCOME
All Income Is reco8nlsed In the Statement of Financlal Actlvttles once the Charity has entltlement to the funds, It
is probable that the income will be received and the amount can be measured rellably.
For donatlons to be reco8nlsed the Charlty will have been notlfled of the amounts and the settlement dat* In
wrltlng. If there are conditions attached to the donatlon and this requires a level of performance before
entitlement can be obtained then Income Is deferred until thost condltlons are fully met or the fulfllment of
those conditlons is within the control of the Charity and it is probable that they wlll be fulfilled.
Investment Income is earned throu8h holding assets such as cash on dep051t or invèstments in short term bond5
and other slmllar Investments. It includes interest reteivable. Interest income 15 re¢ognised uslng the effective
Interest rate method and 15 Teco4nised a5 the Charity's rfght to recelve payment is establlshed.
12

ThE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARirY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023
ACCOUNTING POUCIES- contSnued
EXPENDITURE
All expenditurels accounted for on an accruals ba515 and has been cla55ified under headin85 that aggregate all
¢osts related an activity of the Charity. Expenditure is reco8nised where there is a legal ortonstructive obliBatlon
to make payments to third parties. it 15 probable that the settlement will be required and the amount of the
obli8ation ¢an be measufed reliabty.
It Is categorlsed under the followin8 headln8S.
Ralslng funds
x￿ndItUre on charltsble activities
Support and 8overnance cost.
Support costs are those that assist wlth the work of the Chartty but do not dIrert￿l represent charltable activitle5
and Include office. governance and other administratl¥e Costs.
TANGIBLE FIXED ASSET5
Tan8lble flxed assets are Stated at cost less depredatlon or In cases where fixed 4ss*ts have been donated at
valuation ai the tlme of •cqulsltlon.
Deprètlation has been Pfovided on tan8ible fixed assets at annual rates calculated to wrlte off the Cost. less the
estimated residual value. of each •sset over its estimated useful life at the lollowin8 rates.
Offke equlpment and computers
- 20% on ¢ost
Depreclatlon on tangible fixed assets is ¢har8ed in the year of acqulsltk>n and subsequent years.
The 8aln or1055 ar151nK on the dlsposal of an a55et 15 determlned as the dlfference between the sale proceeds
and the Cafryino volue of the asset and is ￿00n1$ed in net incomel lexpenditurèl for the yèar.
HERITAGE ASSETS
Heritage assets comprise SI￿￿rwar• pr•sènt•d to affillated organisations or annual awards whkh are stated at
hlstorlc cost and are not depre¢l4ted because they malntaln thelr Value Indefinltely.
TAXATION
The Charity 15 exempt from corporatlon tax on Its charltable actmtles.
CASH AND CASH EQUIVALENTS
Cash and cash equlvalents Include Cash in hand and deposits held at call w4th banks, short temi bonds and
Investments.
OPERATING LEASES
There are no operatlng leases.
EMPLOYEE BENEFITS
The Charity does not have any employees. All artwriies are or8ani5ed by the Tru5tee5 or volunteers.
13

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE ORIVERS CHARTrI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023
ACCOUNTING POLICIES- ¢ontlnued
FUND ACCOUNTING
General funds are unrestricted funds which are available for use at the dlscretion of the Trustees In furtherance
of the general objectNes of the Charity and which have not been de54qnated for other purposes.
Restricted funds are funds which are to be used In accordance with specific restrictions imposed by donors or
which have been raised by the Charity for particular purposes. The costs of ralslng and administering such funds
are thargetl against the specific lund. The Dlsney Restricted Fund is retained 5pe¢iflcally for the annual Ma8ical
Ta¥1 Tour for Children to Dlsnewand Parls.
FINANCIAL INSTRUMENTS
The Charlty only has financlal asset5 and financlal liabillties of a klnd that quallfy as baslc financlal Instruments.
Baslc flnanclal Instruments are Inbtlalty recognised at tran￿CtIOn value and Subsequent￿ measured at amortlsed
cost.
CRITICAL ACCOUNTIt4fj ESTIMATES AND JUDGEMENTS
In the appllcation of tht Charity's Jccountlng polities. the Trusiees are required to make judgements, estlmates
and assumptions about the carryln8 amount of awts and liabllltles that are not readily apparent from other
sources.
The estimate5 and Under￿ing assumptions are t￿leWed on an on8oin8 b¥sls. Revlslons to attountlng estlmates
are recognised in the period in which the estimatt is revised where the revision afftcts Only that period or in the
perlod of the revlslon and future perk)ds where the revlslon affects both current and future perbods.
DONATIONS AND LEGACIES
2023
UhreStrI￿ Restrlrted Totsl lunds
neral funds Dlsney lund
2022
Total funds
Donatlons and 8ffts
Donated good5. facilities and servi¢es
765
228.625
165,0(KJ
Z19,390
165.0
138,550
130.000
765
393,625
394.390
268,550
The Ma8ical Taxi Tour for Children dfid not take place In 2020 or 2022 due to government Covld 19 restrlctlons
but resumèd in 2022.
ThÈ Charity in indebted to the many volunteefs and organi5ations that sponsor and support its tharitable
actlvlties. partlcularly the Magical Taxi Tour for Children. Without the invofvement of over London black cab
drivers, the many doctors and nurses of the NHS. London Ambulance Servlce. the City of London Police. the
French Guar(le Nationale, the Automobile Association. P&0 Ferries, the Marriott Hotel Group, all those Livery
Companles and other organisations or individua15 who sponsor a taxi. the Magical Taxi Tour would not be
P055ible.
14

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARirY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO JI Decèmber 2023
INCOME FROM OTHER TrADING ACTNMES
2023
Totsl fufids
2022
Total funds
Unrestrkled
Restrlrted
ner•1 fvnds Dbney lund
Christmas Ball
Past Masters. lunch
104 Club draw
19.124
75
19.114
75
6,025
8,899
6025
6,227
6.025
19,199
25.224
15,126
INVESTMENT INCOME
2023
Total fvnds
2022
Totsl fund5
Unrestrkted
Reslrk¢ed
8ener•l fvnds Dlsney fund
Bank deposlt Income
Nat West Bank
143
2,030
284
Investment Income
CCLA Charitie5
Investment Fund
Term Deposlts
3.518
663
3.518
8,197
3,508
3,689
5,5J4
6324
7821
13,745
7,481
EXPENDITUIIE ON RAISING FUNDS
2023
T(*t*l funds
2022
Total funds
Unre￿rt￿*d
Restrlcted
èral funds Dlsney fund
Founder5 Day lunch
Christmas 8all
104 Draw
Corporate hospitality and dinners
911
5,826
1,830
4.251
16.610
16.610
1.655
7.792
1.655
1.240
6.552
,162
26Jl57
12,818
There wa5 no Founders Day lunch In 2023.
15

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 December 2013
EXPENDITURE ON CHARITABLE AcnviTIES
2023
Unre#rkted Rest1kt￿ Total lunds
neral funds
Dlsney fvnd
2022
Totsl funds
National Health livery Kitchen Initiative
Maglcal Taxl Tour of Chlldren
Awards
Other 8rants and donatlons
1,376
289.694
332,084
33IO84
590
4,113
$90
65
9,652
4,638
332,149
336.787
301,722
The Maglcal Taxl Tour for Chlldren dld not take place In 2020 or 2021 due to iovernment Covld 19 travel restrbctlons.
SUPPORT AND GOVERNANCE COSTS
2023
Tot•1 funds
2022
Total funds
Unrestrfded
8ener•l funds
Restrlcted
D15nty fund
Prlntln8 ènd statlonary
Telèphones
Advert15in
Postage
Computer costs
Travel expenses
Insuranee
Siorage rental
8ank charges
Independent Examlners fees
lJ29
321
6￿05
715
2x124
7M20
1.098
5.125
I￿29
321
6W5
782
2,024
7A20
1.098
5.125
301
506
381
595
2,312
67
1,049
5,350
216
250
250
250
67
26872
26,539
17,768
16

THE WORSHIPFUL COMPANY OF HACKNEY CARIIIAGE DRIVER5 CHAR
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 102>
HERITAGE ASSETS
2023
2022
Sll¥enw•re
and awards
Total
Total
COST AND NET BOOK VALUE
At l January 2023
Addltlons
IlJ69
11,369
11,369
At 31 December 2023
11.369
11,369
11,369
Herlta8e assets con5i5t of slfvenvare and awards whlch are not depreciated because they retaln thelr value
Indefinitely.
INVESTMENTS
COIF In¢om•
& Property
Unlts
Twm
Deposlts
Totsl
CARRY114G VALUE
At l January 2023
Additlons
Interest retelved
Less.. disposals
Transfers inlloutl
Unreali5ed Balnslllossesl
104,2
104386
6,608
At 31 December 2023
110.894
110.894
io.
STOCKS
2023
2022
Ma8ical Taxl Tour Merchandlse
I,￿0
1,000
Stock consists of gifts. clothin8 and other merchandlse g￿n to chlldren and volunteers who partl¢i￿te in the
Magical Taxi Tour for Children
17

THE WORSHIPFUL COMPANY OF HACKNVI CARRIAGE DRIVERS CfrIARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Oecember 2023
ii.
DE8TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade debtors
12.
INVESTMENTS
2013
2022
T•rm
Deposlts
Tot•1
Total
CARRYING VALUE
At l January 2023
Transfer5 Inlloutl
Addltlons
Interest recelved
Less: dlsposals
251.140
251340
333,230
8.197
8,197
3,690
85,6801
At 31 December 2023
259A>7
259.437
251,240
13.
CAS
20
2022
Nat West Bank
Barclays Bank
153J52
121,057
153,642
121,OS7
14.
CREDITORS: AMOUNTS FALUNG DUE WtrHIN ONE YEAR
2023
2022
Trade creditors
Accrued expenses
590
690
620
3,853
4.473
18

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE ORIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DKember 2023
15.
CREDITORS: AMOUNTS FALLING OUE AFTER ONE YEAR
2022
loan from the Worshlpful Company of H3¢kney Carr*e Drlvers
Ilvery company
S0,tsXI
16.
CONNECTÉD ORGANISATIONS AND RELATED PARTIES
The Wor5hlpful Company of Hackney Carrlage Drivers Charrty is an Independent chartty and the Trustees are
appointed by The Worshipful Company of H•¢kney Drivefs livery ctynpany which is Coftsidtred a related party
together wlth Its members.
The NHS Llvery Klt¢hen projert came to a natural conclusion in 2022 with the liftin8 of the re5trlction5 Imposed
during the Coronavlrus pandemic. Durin8 2022, Six black cab taxi driver5, who are all members of the Worshipful
Company of Hackney Cafrla8e Drlvefs livery company. Support￿ the NHS Livery Kitchen inltiatlve by providlng
taxi servSces and adminlstratlve support and received payments tot•lly £1,376 for thelr services. There were no
slmilar related party payments In 2023.
17.
TRUSTEES, REMUNERATION AND BENEFITS
Two Trustees, PA Roughan and P Davls, rectived payments totallin8 £ nil12022 - £2231 under the NHS Llvery
Kltchen Inltiatlve for settin8 up and admlnistratlng the Inltlatlve and provldlng taxi servlces. These payments
were approved by an independent Tlustee.
There were no other Trustee5' remuneratloTr. or other benefits for the year ended 31 Dettmber 2023 nor for
the yèar ended 31 December 2022.
TRUSTEES, EXPENSES
In the year ended 31 December 2023, four trustee$12022-five trustees) were relmbursed a totsl of 3,75312022
. £16,864? for direct expenses incurred in respect of the 2023 Ma8ical Taxi Tour for Children.
19.
OPERAMNG LEASE COMMITMENTS
The Charity has no operating lease ¢ommitments.
20.
ULTIMATE CONTROLUNG PARTY
The Charity is controlled by the Board of Trustees who are appolnted by The Worshipful Company of Hacknev
Carriage Drlvers INery company.
19