REGISTERED CHARITY NUMBER: 1172474
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 December 2024
FOR
THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
la Charltable Incorporated Organlsatlon)

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024
Pa8e
Report of the Trustees
3to8
Independent Examlnerfs Report
Statement of Financial Actlvities
io
Balance Sheet
li
Notes to the Flnanclal Statements
12to19

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2024
The Trustees present their report with the financial statements of the Charity for the year ended 31 December 2024.
The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charlties preparing their accounts in accordance with the Flnancial Reportlng Standard applicable
in the UK and Republlc of Ireland (FRS 1021 (effective l January 20191.
OBJEcfivES AND AcfiviTIES
Oblectlve5 and aims
Pur
oses and aim
The Worshlpful Company of Hackney Carria8e Drivers Charlty, objectives and aims can be summarised as follows.
To admlnister benevolence when appropriate to members of the Worshipful Company of Hackney Carrlage
Drlvers, retired members, and widows or widowers of members,
To organlse a Magical Taxl trip for the benefit of children with life threatenlng diseases to Disneyland, Paris
In a ¢onvoy of taxis, which trlp is to be self-funding by donations or sponsorship as far as 15 practical.
To support the charitable work of the Worshipful Company of Hackney Carrlage Drlver5, Its afflliated
schools and mllltary unlts.
To make 8rant5, awards and donatlons to any charity Includlng the nomlnated charlty of the Lord Mayor of
the Clty of London.
To support other Hackney Carrla8e Trade Charltles to our best endeavours.
En
rln
our work dellvers our
We review our aims, objectives and artlvltles each year. This review looks at what we achieved and the outcomes of
our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have
brought to those 8roups of people we are set up to help. The review also helps us to ensure that our alm, objectives
nd activities remained focused on our stated purposes.
We have referred to the guldance contained In the Charity Commlssion's general guidance on publlc benefit when
reviewlng our alms and objectives and in planning our future activltles. In particular, the Trustee5 consider how planned
activities wlll contribute to the aims and oblettives they have set.
The focu
fourwork
The focus of the Charity's work contlnues prlmarily to be the organisation of an annual Magical Taxl Tour for Children.
th
The Charity was able to organise a successful 29 Magical Taxi Tour for Children in 2024.
The Trustees have pald due regard to guidance Issued by the Charity Commission in decidin8 what activities the Charity
should undertake.

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2024
STRATEGIC REPORT
A¢hlevement and performance
Charitable octivities
How
r artivitles
liver
blic benefit
In setting our objectives and planning our actlvities the Trustees have given careful consideration to the Charity
Commission'5 8eneral guidance on public benefit, includlng the guidance on public benefit and fee charging.
Our maln actlvlties and who we try to help our described below. The Charity's activities continue to focus on our ablllty
to provide support to charltable actlvities undertaken wlth the Worshlpful Company of Hackney Carrlage Drivers.
The Ma
ical Taxl Tour f r Children
The annual Ma8ical Taxi Tour for Chlldren normally takes place In September each year. The complexity of this event
and the fund ralslng to finance It requlres long term advanced planning over many months.
Other charit
le activitles
The Charity is proud of the support that It provides to other Cab Trade Charlties, The City of London and our afflliations
with the 20 Transport Squadron Royal Logistics Corps, the Royal Naval School of Flight Deck Operations, 504 Squadron
th
Royal Auxlllary Air Force and the Royal Docks Communlty School.
The Trustees wish to record their appreciatlon to all of the many supporters of the Charlty and especlally to the members
of the Worshipful Company of Hackney Carriage Dlvers livery company for thelr continulng hard work and dedicatlon
to our purposes and we look forward with confldence to continuln8 our work In the future.

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2024
STRATEGIC REPORT
Flnancial revlew
Financial position
The Statement of Financial Activities shows total income for the year ended 31 December 2024 of £575,22412023
£433,359) and total expenditure of £447,36412023 - £389,383) thereby increasin8 by £127,86012023 - increasing by
£43,976) the Charity's total funds as at 31 December 2024.
There were unrealised gains on investments as at 31 December 2024 of £1,90312023 - unreolised gains of £6,607).
There has been a net cash inflow durln8the year ended 31 December 2024 of £127,21012023- net Cash inflow totolling
£40,782) and at the year end the Charity had £540,28912023 - £413,0791 of cash balances Ilncluding term deposits)
available to meet its day-to-day operational requirements.
The total funds retalned in the balance sheet as at 31 December 2024 amounted to £614,82512023- £485,062}.
Reserves pollcy
The activities of the Charity, particularly the Magical Taxl Tour for Chlldren, requlre advance plannin8 over several years
whith create slgnlflcant contlngent flnanclal Ilabilities for future costs.
The reserve5 policy of the Charlty is to malntaln sufficlent Ilquid reserves, In either restrlcted or unrestrlcted funds, at a
level which equates to between two and three years of total expendlture in a normal year.
Golnq concern
No matters have come to the attention of the Trustees which might suggest that the Charity will not be able to maintain
Its current activlties for the foreseeable future. The Trustees have, therefore, considered that It is approprlate for the
flnancial statements to be prepared on the golng concern basls.
Future plans
Plans are well advanced for the 2025 trlp to DSsneyland Paris.
The Charity continues to support indlvidual London Taxi Drlvers whose are sufferin8 flnancially and to be avallable to
or8anise and participate in other forms of support to the City of London,
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governlng document
The Worshipful Company of Hackney Carrlage Drlvers Charity is a Charitable Incorporated Organisatlon (registered
number 11724741.
The Charity is governed by a trust deed dated 27th August 1996, a varlation deed dated I. February 1999, and a further
th
variatlon deed dated 20 December 2007. The Charity converted into a Charitable Incorporated Organisation on 7th
April 2017 having adopted a new constitution on 8 December 2016.
The Charity Is independently 8overned by its Trustees through the Board of Trustees who are Members of The
Worshipful Company of Hackney Carriage Drivers, whlch is a City of London livery company.

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governlng document Icontlnued)
All Trustees of the Charity are Members of the Charity and there are no other Trustees or Members.
No Trustee or Member has any beneficial Interest In the Charity, Trustees and Members not required to contribute to
its assets in the event of the Charity being wound up.
Recrultment and appolntment of new trustees
The Courtof the Worshipful Company of Hackney Carrlage Drlvers appolntstheTrustees who are admitted as Member5.
As set out in the Charlty's Constitution one-third of the Trustees shall retire and seek re-electlon at every Annual General
Meeting. Each Trustee may serve for renewable terms of three years up to a maxlmum of 12 years, service In total.
A Member shall Cease to be a Member immediately that they cease to be a Trustee of the Charlty for any reason.
All Trustees give their tlme voluntarlly and receive no beneflts from the Charity. Any expenses reclalmed from the
Charlty are set out in the notes to the flnancial statements.
Or8anlsJtlonal strurture
The Charity is or8anised so that Its Board of Trustees meet regularly to manage Its affalrs and formulate pollcy.
Two Trustee5 are appointed by the Board of Trustees to be responslble for the day-to-day runnlng and flnanclal
mana8ement of the Charlty. The Honorary Treasurer is respon51ble for the preparatlon of the annual accounts.
Durlng the year ended 31 December 2024 the Charity has continued to adhere to the Charity Governance Code for
Smaller Charities usin8 the Code's seven key principles as a tool to SUPPOrt the Continuous Improvement of good
8overnance.
Inductlon and tralnlng of new trustees
New Trustees undergo an induction meeting to brief them on legal obligations under charity law, the Charlty's decision-
makin8 processes and the recent flnancial performance of the Charity. Trustees are encouraged to attend appropriate
external trainin8 events where these wlll fatilltate the understandlng of thelr role.
Key management remuneratlon
In the Trustees, oplnion, the key management personnel of the Charity responslble for the dlrection, control, running
and operation of the Charity on a day-to-day basis consists of the Board of Trustees.
Ke
mana
ement
ersonnel - Trus
ees
All Trustee5 give of their time freely and no trustee received remuneration during the year.
Details of Trustees, expenses and related party transactions are disclosed in notes 17 and 18 to the financlal statements.
Rlsk management
The Trustees have a duty to identlfy and review the risks to which the Charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
The Trustees have examlned the major strate8ic. business and operational risks that the Charity faces and confirm that
systems have been establlshed to enable regular reports to be produced so that necessary steps can be taken to lessen
these risks.

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Reg15tered Charlty number
1172474
Reglstered office
PO Box 2113
Chigwell
Essex
IG7 6BO
Trustees
Mlchael Davles
Philllp Davis MBE
Peterjohansen MBE FCA
Daniel Heath
Malcolm Linskev
Sllverio Oliveira
Alan Roughan
Wendy Sorrell
Mary Whitworth
Steven Wright
Chalr
Secretary
Honorary Treasurer
{resi8ned 29 July 20241
Iresigned 28 October 20241
lappolnted 2 January 20251
(appointed 20 November 20241
Independent Examlner
Andrew Hall
Chartered Management Accountant
Chalfont Accounting Services Limited
12 The Grove
Latlmer, Chesham
Bucklnghamshire
HP5 IUE
Bankers
Nat West Bank
City of London Branch
Princes Street
London
EC2R 8BP
Barclays Bank PLC
Bedford Row Branch
Leicester
Leicestershlre
LE87 2BB
Unlted Trust Bank
l Ropemaker Street
London
EC2Y 9AW
Union Bank of Indla {UKI Ltd
Senator House
85 Queen Victoria Street
London
EC4V 4AB
Cambrldge & Counties Bank Hampshire Trust Bank
Charnwood Court
S5 8ishops8ate
58 New Walk
London
Leicester
EC2N 3AS
LEI 6TE
Redwood Bank
101 The Nexus Building Broadway
Letchworth Garden City
SG6 3TA
Investment Managers
CCLA Investment
Senator House
85 Queen Victoria Street
London
EV4V 4ET

THE WORSHIPFULCOMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2024
STATEMENT OF TRUSTEES RESPONSIBILITIES
The Trustees {who are also Members of The Worshlpful Company of Hackney Carriage Drivers Charity) are responsible
for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accountin8 Practice), Including Flnancial Reporting
Standard 102 "The Flnancial Reporting Standard applicable in the UK and Republic of Ireland"
Charity law requires the Trustees to prepare flnanclal statements for each flnanclal year which 8ive a true and fair view
of the state of affairs of the Charitable Company and of the incomlng resources and application of resources, including
the income and expendlture, of the Charitable Company for that period. In preparin8 those financial statements. the
Trustees are required to:
select Suitable accountlng pollcies and then apply them conslstently;
observe the methods and princlples in the Charlty SORP;
make Judgements and estlmates that are reasonable and prudent;
state whether appllcable accountln8 Standards have been followed, subject to any material departures dlsclosed
and explained in the financial statements,
prepare the financlal statements on the golng concern basis unless it Is inapproprlate to presume that the
Charltable Company will tontlnue In business.
The Trustees are responsible for keeping proper ac¢ountln8 records whlch disclose with reasonable accuracy at any
tlme the flnanclal posltion of the Charitable Company. They are also responsible for safe8uardin8 the assets of the
Charitable Company and hence for taklng reasonable steps for the preventloD and detettion of fraud and other
Irregularlties.
In so far as the Trustees are aware:
there Is no relevant information of whlch the Charltable Company's Independent Examiner Is unaware; and
the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
Information and to establlsh that the Independent Examiner is aware of that information.
Independent Examlner
The Independent Examiner, Andrew Hall, will be proposed for re-appointment by the 8oard of Trustees at their next
meetlng.
Thls report has been prepared In a¢cordance wlth the provlslons of the requlrements of the Charitles SORP {FRS 1021
for smaller charities.
TheR
202
f the Trustees, Incorporating a strateglc report, was approved by order of the Board ofTrustees, on 2 June
ed on the Board's behalf bv:
and sig
Michael Davies - Trustee

INDEPENDENT EXAMINERS'S REPORT TO THE TRUSTEES OF
THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
(REGISTERED NUMBER: 1172474)
Responslbllitles and basls of report
I reportto the Trustees ofThe Worshipful Company of Hackney Carriage Drivers Charity {the'Trust'l on my examination
of the accounts forthe year ended 31 Detember 2024 which comprise the Statement of Financial Activities, the Balance
Sheet, and notes to the financlal statements, including a summary of significant accounting policies as set out on pages
12 to 14.
As the Charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements
of the Charities Act 20111"The Act") and you consider that the audit requirements of Part 8, Chapter 3 of the Act does
not apply.
I report In respert of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in
carrying out my examinatlon, I have followed all the applicable Dlrections given by the Charity Commisslon under sectlon
14515llbl of the Act.
Independent Examlnerfs statement
I have completed my examination. I confirm that no materlal matters have come to my attentlon in connection wlth
the examination which glves me cause to believe that in any material respect..
the accounting records were not kept In accordance with sectlon 130 of the Charltles Act: or
the accounts dld not accord with the accountlng records; or
the accounts dld not comply wlth the applicable requlrements concernlng the form and content of accounts
set out in the Charities (Accounts and Reportsl Regulatlon 2008 other than any requirement that the accounts
81ve a "true and fairf view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connectlon with the examlnatlon to which attentlon
should be d
wn in thls report in order to enable a proper understandlng of the accounts to be reached.
Andrew Hall
Chartered Management Accountant
Chalfont Accounting Services Llmited
12 The Grove
Latimer, Chesham
Buckinghamshire HP5 IUE
2 June 2025

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
STATEMENT OF FINANCIAL AcfiviTIES
IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 December 2024
2024
Total fund5
2023
Total funds
Unrestrlrted
general funds
Restrlcted
D15ney fund
Note
INCOMING RESOURCES
Income from:
Donations and legacles
Other tradlng actlvities
Investment Income
Total Incomln8 resources
698
5,500
7.700
13,898
536,985
10,439
13.902
561,326
537,683
15,939
21.602
57S.224
394,390
25.224
13,745
433,359
RESOURCES EXPENDED
Expendlture on:
Ralsin8 funds
Charitable actlvltles
Support and 8overnance costs
Total resources expended
2.965
5,942
300
9,207
18.834
398,990
20,333
438,157
21,799
404.932
20,633
447,364
26,057
343.408
19,918
389,383
NET {EXENDITUREI/INCOME BEFORE
INVESTMENT (LOSSESIIGAINS
Net I10ssesl/galns on investments
NET IEXPENDITURE)/INCOME
4,691
1,903
6,594
123,169
127.860
1.903
129,763
43,976
6,607
50,583
IZ3,169
OTHER RECOGNISED GAINSIILOSSES)
NET MOVEMENT IN FUNDS
6.594
123,169
129,763
50,583
RECONCILIATION OF FUNDS
Total funds brought forward l January 2024
Total funds urrled forward 31 December 20Z4
168,961
175,555
316.101
439,270
485,062
614.825
434,479
485.062
io

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
(REGISTERED NUMBER: 1172474)
BALANCE SHEET
AT 31 December 2024
2024
Total funds
2023
Total funds
Unrestrleted
general funds
Restrlcted
Dlsney fund
Note
FIXED ASSETS
Heritage assets
Investments
Total Flxed Assets
11,369
112,796
124,165
11,369
112.796
124,165
11,369
110,894
122,263
CURRENT ASSET5
Stocks
Debtors
Investment5
Cash at bank and In hand
Total Current Asset5
io
li
12
13
1,000
86,900
14,857
101,757
270.151
168.381
439,532
357,051
183,238
541.289
259,437
153,642
414.079
CREDITORS:
amounts fallln8 due within one year
14
367
262
629
1,280
NET CURRENT ASSETS
101.390
439.270
540,660
412,799
TOTAL ASSETS LE55 CURRENT LIABILITIES
225,555
439,270
664,825
535,062
CREDITORS:
amounts falllng due after one year
15
50,000
50.000
50,000
TOTAL NET ASSET5
175,555
439,270
614,825
485,062
FUNDS OF THE CHARITY
Unrestrlcted general fund
Restricted Disney Fund
TOTAL FUNDS
175,555
175,555
439,270
614,825
168,961
316,101
485,062
439,Z70
439,270
175,555
These financial statements have been prepared In accordance with the provlslons applicable to charitable companles
subject t
e smaller companies, regime.
The
anclal
tatements were approved by the Board ofTrustees on 2 June 2025 and were signed on its behalf by..
Michael Davies - Trustee
Peter
hansen
E FCA- Trustee
li

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 20Z4
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
General Informatlon
The Worshipful Company of Hackney Carriage Drivers Charity is a charity incorporated in England and Wales
(Registered Charity Number 11724741. The address of the Charity's registered office is PO Box 2113, Chigwell,
Essex, IG7 6BP.
Accountln8 conventlon
The financlal statements of the Charity, whlch is a public benefit entlty under FRS 102, have been prepared in
accordance wlth the Charities SORP IFRS 1021 'Accountin8 and Reporting by Charities: Statement of
Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial
Reportln8 Standard applicable In the United Kingdom and Republlc of Ireland IFRS 1021 {effectlve l January
20191" Financlal Reporting Standard 102 "The Financlal Reporting Standard applicable in the UK and Republic
of Ireland", the Companies Act 2006 and the Charities Act 2011.
The financlal statements have been prepared using the historlc cost conventlon and are presented In 5terlln8,
which Is the functlonal currency of the Charlty, rounded to the nearest £1.
The slgnlficant accountlng pollcies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all years presented unless otherwise stated.
CHARITY STATUS
The Charity is a Charitable Incorporated Organisation. The Members of the Charlty are the Trustees named In
the Report of the Trustees. In the event of the Charity being wound up the Members have no Ilability to
contrlbute to Its asset5 and no personal responsibillty for settling its debt5 and IlabS1itles.
GOING CONCERN
The financial statements have been prepared on 3 8olng concern basls as the Trustees believe that no materlal
uncertainties exist. The Trustees have consldered the level of funds held and the expected level of Income and
expenditure for 12 months from authorlsing these financlal statements. The expected level of Income and
expendlture is sufflcient wlth the level of reserve5 for the Charity to be able to continue as a 8olng concern.
INCOME
All income Is recognlsed in the Statement of Financial Actlvlties once the Charity ha5 entltlement to the fund5, it
Is probable that the income will be received and the amount can be measured reliably.
For donations to be recognised the Charity wlll have been notified of the amounts and the settlement date In
writlng. If there are conditions attached to the donation and this requires a level of performance before
entitlement can be obtained then income is deferred until those conditlons are fully met or the fulfilment of
those conditlons is within the control of the Charity and it is probable that they will be fulfilled.
Investment Income is earned through holdlng assets such as cash on deposlt or investments In short term bonds
and other simllar investments. It includes interest receivable. Interest income is recognised usin8 the effective
interest rate method and is reco8nised as the Charity's right to recelve payment is established.
12

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024
ACCOUNTING POLICIES- ￿ntInUed
EXPENDITURE
All expenditure is accounted for on an accruals ba51s and has been classified under headings that aggregate all
costs related an activity of the Charity. Expenditure is reco8nised where there is a legal or constructive obligation
to make payments to third parties, It is probable that the settlement will be required and the amount of the
obligation can be measured reliably.
It 15 categorlsed under the followln8 headln8S.
Ralslng funds
Expenditure on charitable actlvltles
Support and governance cost.
Support costs are those that assist with the work of the Charlty but do not dlrectly represent charitable actlvltles
and include office, governance and other adminlstrative costs,
TANGIBLE FIXED ASSETS
Tangible fixed assets are stated at cost less depreciation or in cases where flxed asset5 have been donated at
valuation at the tlme of acqulsitlon.
Depreciation has been provlded on tan8ible flxed a55ets at annual rates calculated to write off the cost, less the
estimated resldual value, of each asset over its estimated useful Ilfe at the followln8 rates.
Offlce equlpment and computers
- 20% on cost
Depreclatlon on tan8ible flxed assets Is charged In the year of acquisltlon and subsequent years,
The gain or loss arlslng on the disposal of an asset is determlned as the difference between the Sale proceeds
and the carrylng value of the asset and is recognised in net Income/ lexpendlturel for the year.
HERITAGE ASSETS
Herltage assets comprlse Silverware presented to affiliated organisations or annual awards whlch are stated at
hlstorlc cost and are not depreciated because they maintain thelr value Indefinitelv.
TAXATION
The Charlty Is exempt from corporation tax on its charitable activltles.
CASH AND CASH EQUIVALENTS
Cash and cash equivalents include cash In hand and deposits held at call with banks, short term bonds and
investments.
OPERATING LEASES
There are no operating leases.
EMPLOYEE BENEFITS
The Charlty doe5 not have any employees. All activitles are organised by the Trustees or volunteers.
13

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024
ACCOUNTING POLICIES - contlnued
FUND ACCOUNTING
General funds are unrestricted funds which are avallable for use at the discretion of the Trustees in furtherance
of the general objertives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used In accordance with specific restrlctions imposed by donors or
which have been raised by the Charlty for partlcular purp05Ès. The costs of raising and adminlsterin8 such funds
are charged against the specific fund. The Disney Restrlcted Fund is retained specifitally for the annual Magical
Taxl Tour for Children to Dlsneyland Paris.
FINANCIAL INSTRUMENTS
The Charity only has financial assets and financial Ilabilitles of a klnd that quallfy a5 basic flnanclal Instruments.
Basic financial instruments are Initlally recognlsed at tran5actlon value and subsequently measured at amortlsed
cost.
CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
In the application of the Charlty's accountlng pollcies, the Trustees are requlred to make ludgements, estlmates
and a55umptions about the carrylng amount of assets and liabllities that are not readlly apparent from other
sources.
The estlmates and underlylng a55umptions are revlewed on an on80ing basis. Revisions to accountin8 estimates
are recognised in the period In which the estlmate is revised where the revision affects only that period or in the
period of the revision and future periods where the revislon affects both current and future periods.
DONATIONS AND LEGACIES
2024
Total funds
2023
Total funds
Unre5trlrted
general funds
Restrlcted
Dlsney fund
Donatlons and glfts
Donated goods, facllltles and services
698
336.985
200,000
337,683
200,000
229,390
165,000
536.985
537.683
394,390
The Charity In indebted to the many volunteers and organisations that sponsor and support its charitable
activitiesi particularly the Magical Taxi Tour for Children. Wlthout the involvement of over 100 London black cab
drivers, the many doctors and nurses of the NHS, London Ambulance Service. the City of London Police, the
French Guarde Natlonale, the Automoblle Assoclation, P&0 Ferries, the Marriott Hotel Group, all those Llvery
Companies and other organisatlons or individuals who sponsor a taxi, the Ma8ical Taxl Tour would not be
possible.
14

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024
INCOME FROM OTHER TRADING ACTIVITIES
2024
Total funds
2023
Total funds
Unrestrlcted
general funds
Restrlcted
Dlsney fund
Chrlstmas Ball
Past Masters, lunch
104 Club draw
10,354
85
10,354
85
5,500
19,124
75
6,025
5.500
10,439
15.939
25.224
INVESTMENT INCOME
2024
Total funds
2023
Total funds
Unrestrlrted
8ener•l funds
Restrlcted
Dlsney fund
Bank deposit income
Nat West Bank
193
2.339
2.532
2,030
Investment Income
CCLA Charities
Investment Fund
Term Deposlts
3,567
3,567
15,503
3,518
8,197
11,563
7,700
13,902
21.602
13,745
EXPENDITURE ON RAISING FUNDS
2024
Totsl fund$
2023
Total funds
Unrestrl¢ted
8eneral fund5
Restricted
Dlsney fund
Christmas Ball
104 Draw
Corporate hospltality and dinners
12,559
12,559
1,970
7,270
16.610
1,655
7,792
1,970
995
6,275
2,965
18.834
21,799
26,057
15

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024
EXPENDITURE ON CHARITABLE ACTIVITIES
2024
Total funds
2023
Total funds
Unrestrlcted
general funds
Restrlcted
Disney fund
Maglcal Taxi Tour of Chlldren
Awards
Other grants and donations
398,940
398.940
1,037
4.955
338,705
590
4,113
1.037
4,905
50
5,942
398,990
404,932
343,408
SUPPORT AND GOVERNANCE COSTS
2024
Totsl funds
2023
Total funds
Unrestrleted
general funds
Restrlcted
Dlsney fund
Prlntlng and statlonary
Telephones
Advertislng
Postage and adminlstration
Computer costs
Meetings and subsistence
Insurance
Storage rental
Bank charges
Independent Examlners fees
354
337
1,070
673
3,017
1,423
7.154
5,124
918
263
354
337
1,070
673
3,017
1.423
7.154
5.124
956
525
1,829
321
6,805
782
2,024
1,199
1,098
S,125
485
250
38
262
300
20.333
20,633
19,918
The 2023 comparative for Support and Governance Costs has been restated to exclude £6,621 of fuel costs related to
the Ma8lcal Taxl Tour that are now included in Expendlture on Charltable Activities Inote 61.
16

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024
HERITAGE ASSETS
2024
2023
Sllverware
and award5
Total
Total
COST AND NET BOOK VALUE
At l January 2024
Additions
11,369
11.369
11,369
At 31 December 2024
11,369
11,369
11,369
Herltage assets conslst of sllverware and awards which are not depreciated because they retaln thelr value
Indeflnitely.
INVESTMENTS
COIF Income
& Property
Unlts
Term
Deposlts
Total
CARRYING VALUE
At l January 2024
Addltions
Interest recelved
Less: disposals
Transfer5 inlloutl
Unrealised gains/{lossesl
110.894
110,894
1,902
1,902
At 31 December 2024
112,796
112,796
io.
STOCKS
2024
2023
Ma8ical Taxl Tour Merchandlse
I,¢)00
1,000
Stock consists of gifts, clothing and other merchandise given to children and volunteers who participate in the
Magical Taxi Tour for Children
17

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024
ii.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
12.
INVESTMENTS
2024
2023
Term
Deposlts
Total
Total
CARRYING VALVE
At l January 2024
Transfers Inllout)
Addltions
Interest received
Less: dlsposa15
259,437
(2.8891
85,000
15,503
259.437
12,889)
85,000
15.503
251,240
8.197
At 31 December 2024
357,051
357.051
2S9,437
13.
CASH
2024
2023
Nat West Bank
Barclays Bank
183.133
105
153,552
90
183.238
153.642
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Accrued expenses
104
525
590
690
629
1,280
18

THE WORSHIPFUL COMPANY OF HACKNEY CARRIAGE DRIVERS CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024
15.
CREDITORS: AMOUNTS FALLING DUE AFfER ONE YEAR
2024
2023
Loan from the Worshipful Company of Hackney Carrlage Drlvers
livery companv
50,000
50,000
50.000
50,000
16.
CONNEcfED ORGANISATIONS AND RELATED PARTIES
The Worshipful Company of Hackney Carria8e Drivers Charity is an independent charity and the Trustees are
appolnted by The Worshipful Company of Hackney Drivers livery company which is considered a related party
together wlth Its members.
17.
TRUSTEES, REMUNERATION AND BENEFITS
There were no Trustees, remuneratlon, or other beneflts for the year ended 31 December 2024 norforthe year
ended 31 December 2023.
18.
TRUSTEES, EXPENSES
In the year ended 31 December 2024, 51x trustees and three other related party Indlvldual$12023-four trustees)
were reimbursed a total of £9,469 {2023 - £3,753) for direct expense5 Incurred In respert of the 2024 Maglcal
Taxl Tour for Chlldren.
19.
OPERATING LEASE COMMITMENT5
The Charlty has no operatlng lease commltments.
zo.
ULTIMATE CONTROLLING PARTY
The Charlty is controlled by the Board of Trustees who are appointed by The Worshipful Company of Hackney
Carri38e Drivers livery company.
19