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2022-09-29-accounts

THE WORSHIPFUL COMPANY OF FIREFIGHTERS CHARITABLE TRUST

The Worshipful Company of Firefighters Charitable Trust, a charitable incorporated organisa;on, a registered charity in England and Wales (number: 1182241) whose principal office is at 3rd Floor, Wax Chandlers Hall, 6 Gresham Street, London EC2V 7AD.

TRUSTEES ANNUAL REPORT

For the Period 1[st] October 2021 to 30th September 2022

SecEon A: Reference and administraEon details

The Worshipful Company of Firefighters Charitable Trust. Registered Charity No: 1182241.

Principal Address

3rd Floor, Wax Chandlers Hall, 6 Gresham Street, London EC2V 7AD.

Names of Trustees

G J Maltby QFSM – Chair of Trustees (ReSring October 2022) B Hoad BEM – Vice-Chair of Trustees S Sanders – Honorary Treasurer JW Beech CBE QFSM SBStJ (ReSring October 2022) R Murray C Live\ BEM M Heaster OBE T Johnson Dr D Crowder* Professor D Holt +

SecEon B: Structure Governance and Management

The Worshipful Company of Firefighters Charitable Trust is a Charitable Incorporated OrganisaSon (CIO) whose only voSng members are its Charity Trustees. The charity has the “FoundaSon” model consStuSon. New Trustees are recommended by the Board of Trustees to The Worshipful Company of Firefighters Court of Assistants for approval, in accordance with the ConsStuSon. Three Trustees reSre each year at the end of their terms of office and may stand for re-elecSon for a further term of three years, ader which they must reSre for a minimum period of one year before being eligible to stand for re-elecSon.

Trustees normally meet at least four Smes a year and all decisions pertaining to the governance and management of the Charity are taken at those meeSngs. However, due to

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the Coronavirus Pandemic and the restricSve measures necessarily imposed by HM Government during the term of this report all meeSngs were held on-line. In view of the small size of the Charity, the Trustees have chosen not to delegate any of their powers to sub-commi\ees. The Charity does not employ any staff.

AdministraSve support to the charity is provided by the Clerk of the Worshipful Company of Firefighters for which a charge is made in accordance with the Terms of a Memorandum of Understanding between the Trust and The Worshipful Company of Firefighters.

SecEon C: ObjecEves and acEviEes

The objects of the charity set out in its governing document are as follows:

a) The advancement of public educaSon in fire safety ma\ers and in furtherance thereof to award scholarships or bursaries or prizes for people involved with or associated with firefighSng rescue or fire safety who in the opinion of the Trustees would benefit from the scholarship,

b) To establish and support a museum and/or to accept gids or loans of equipment and artefacts, and

c) To support such chariSes and charitable purposed as the Trustees shall decide.

SecEon D: Achievements and performance

Like many small ChariSes the income and applicaSons for Grants that meet the Charitable ObjecSves have significantly reduced since the Coronavirus Pandemic.

During the reporSng period three £1,000 grants were awarded to Post Graduate Students awarded degrees in Fire Engineering, Fire and Rescue or Emergency Planning related subjects from Glasgow Caledonian and Portsmouth UniversiSes:

CerSficates of Achievement were presented with the Grants to the invited candidates accompanied by their guest at the Massey Shaw Dinner in April 2022.

Grants were also awarded to the following applicants:

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SecEon E: Financial review

During the period under report, gross income from various sources was £19,175. Expenditure amounted to £47,572. Including the balance of cash carried forward, the yearend total financial assets were £472,678 consisSng of £71,219 in revenue and £401,459 in capital investments.

Income was received predominantly from three main sources –

  1. Worshipful Company of Firefighters Member Charitable Giving - £ 7,345

  2. Income from the Capital Investment Account - £ 8,696

Gid Aid accounted for a further £1,749 income for the accounSng period.

The Charity has a Capital Investment Account managed by JM Finn which at the Sme of the accounSng period is valued at £401,459

There was no Annual Charity Fundraising Dinner (known as The Worshipful Company of Firefighters Charitable Trust City Dinner), for the third year running with an esSmated loss of income of approximately £19,000

The Charity’s bank accounts are held at Metro Bank, 1 Southampton Row, London. WC1B 5HA. A/C 34833397, 23-05-80.

The Charity has no funds materially in deficit.

SecEon F: Other opEonal informaEon

There are no further ma\ers to report.

SecEon G: DeclaraEon

The Trustees declare that they have approved this report.

Signed on behalf of the Charity’s Trustees

Graham John Maltby QFSM Chairman of Trustees

Date: 10[th] March 2023

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CHARITY COMMISSIO
FORENGLANDANDWALES
Gb
CHARITY COMMISSIO
FORENGLANDANDWALES
WorshipfulCompany of FirefightersCharitable Trust of FirefightersCharitable Trust
Receiptsand payments accounts CCl6a
Forthe period
from
01t10t2021 To 30t09t2022
Section A Receipts and payments
Unrcstricted
funds
Restrictedfunds Endowment
funds
Total funds Last year
to thenearestf to thenearest f, to th6nearest e to thenoarestt to thenearestg
AlReceipts
DivrdendS 8,696 8,696
Donations 8,080 8,080
Gift aid 1,749 1,749
Fund raisingevent 650 650
lnterest -0
lransfer fromoldcharity 0
0
0
Sub total(GrossincomeforAR) 19,175 19,175
A2Asset and investment sales,
(seetable).
0 0 0
0 0 0 0
Sub 0 0 0 0
Totalreceipts 19,175 0 0 19,175 0
A3
Awards 4,518 4,518
CollectionFees 107 107
CrossCharge 4,320 4,320
Donations 28,592 28,592
LegalFees 35 35
Corporation Tax Fine 100 100
Bankcharges 0
0
37,672 37,672
A4Asset and investment
purchases,(seetable)
Funds to Charity investment 10,000 0 0 10,000
0 0 0
Sub 10,000 0 0 10,000 0
Total payments 47,672 0 0 47,672 0
Netofreceipts/(p ayments) 28,497 28,497
A5Transfersbetweenfunds 0
A6 Cashfundslastyear end 99,716 99,716
Cashfunds this year 71,219 71,219

Total cashfunds 71,219
(agree balances with receipts and payments
account(s))
Unrestricted Restrictedfunds Endowment
funds funds
Details tonsarest€ tonearest€ tonearest €
82 Other monetary assets
Details Fundto whlchas3et
belongi
Cost (optlonal) Currentvalue
83 lnvestment assets J M Finn 052920CHA WCOFFCT 401,459
Details Fundto whlch asset
b6longs
Cost{optional) Current value
84Assetsretainedfor the
charity's ownuse
Fundto which Amountdue Whendue
Details relates (optional)
B5Liabilities
Signed by oneortwo trustees on behalf
ofallthe trustees
Signature Print Name Date ofapproval
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