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2024-09-29-accounts

THE WORSHIPFUL COMPANY OF FIREFIGHTERS CHARITABLE TRUST

The Worshipful Company of Firefighters Charitable Trust, a charitable incorporated organisation, a registered charity in England and Wales (number: 1182241), whose principal office is at Coopers’ Hall, 13 Devonshire Square, London EC2M 4TH.

TRUSTEES ANNUAL REPORT

For the Period 1[st] October 2023 to 30th September 2024

Sec>on A: Reference and administra>on details

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

Principal Address

The Coopers’ Hall, 13 Devonshire Square, London. EC2M 4TH

Names of Trustees

G J Maltby QFSM – Chair of Trustees Dr D Crowder– Vice-Chair of Trustees S Sanders – Honorary Treasurer B Hoad BEM T Brookes C LiveV BEM J Mansfield J Theobald T Johnson Professor D Holt A Isaacs G Fall

Sec>on B: Structure Governance and Management

The Worshipful Company of Firefighters Charitable Trust is a Charitable Incorporated Organisa[on (CIO) whose only vo[ng members are its Charity Trustees. The charity has the “Founda[on” model cons[tu[on. New Trustees are appointed by the Board of Trustees to The Worshipful Company of Firefighters Court of Assistants for approval, in accordance with the Cons[tu[on. Three Trustees re[re each year at the end of their terms of office and may stand for re-elec[on for two further terms of three years, a`er which they must re[re for a minimum period of one year before being eligible to stand for re-elec[on.

Trustees normally meet at least four [mes a year and all decisions pertaining to the governance and management of the Charity are taken at those mee[ngs. The preference of

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Trustees is to meet in person at least twice a year with other mee[ngs on-line. In view of the small size of the Charity, the Trustees have chosen not to delegate any of their powers to sub-commiVees, although certain individuals act as Ambassadors for the Charity, liaising with and monitoring grant awards. The Charity does not employ any staff directly but operates a

Memorandum of Understanding for Administra[ve and Back Office support with The Worshipful Company of Firefighters using the services of The Clerk, Informa[on Technology Manager and office premises. These arrangements are reviewed annually.

Sec>on C: Objec>ves and ac>vi>es

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

a) The advancement of public educa[on in fire safety maVers and in furtherance thereof to award scholarships or bursaries or prizes for people involved with or associated with firefigh[ng, 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 gi`s or loans of equipment and artefacts, and

c) To support such chari[es and charitable purposes as the Trustees shall decide.

Over the last year the Trustees provided addi[onal clarity on where the Trustees will give priority to grant applica[ons which are submiVed via the on-line portal are as follows:

  1. Young People, Leadership, Development and Responsible Ci[zenship.

  2. Blue Light and other Emergency Response Services that provide cover mainly, but not exclusively in the City of London.

  3. Educa[on and Research Projects associated with Fire and Rescue, Fire and Building Safety, Environment and the Fire Industry.

  4. Fire and Rescue Heritage.

  5. Na[onal Chari[es associated with Fire and Rescue and the Fire Industry.

  6. Lord Mayor's, Livery Company and City of London Chari[es.

Sec>on D: Achievements and performance

During the repor[ng period the following grants were made to the following applicants:

An award of £1,000 and a Cer[ficate of Achievement has been made to Alex Bulloch a Post Graduate Student from the Glasgow Caledonian University, for his outstanding Disserta[on in the field of Fire Safety.

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Sec>on E: Financial review

During the period covered by this report, gross income from various sources was £21,125. Expenditure amounted to £23,374. Including the balance of cash carried forward, the yearend total financial assets were made up of £56,637 banked and £431,911 in capital investments.

Income was received predominantly from two main sources –

1. Worshipful Company of Firefighters Member Charitable Giving - £8,365

2. Income from the Capital Investment Account - £8,965

The Charity has a Capital Investment Account managed by JM Finn, which at the end of the accoun[ng period is valued at £431,911.

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.

Sec>on F: Other op>onal informa>on

There are no further maVers to report.

Sec>on G: Declara>on

The Trustees declare that they have approved this report.

Signed on behalf of the Charitys Trustees

GJ Maltby QFSM Chairman of Trustees Date: 10th January 2025

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Section AReceiPt s andp ayments
funds Reetrictedfunds Endowment
funds
Totalfunds Lastyear
to theneareatf to theneare3te to thenearest€ to thenearcctg to thenearest €
Dividends
A1
8,965 8,965
Donations 8,635 8,635
Gift aid 0
Fund raEinseGm 3,525 3,525
lnterest 0
transterfrorn otd cnaritY 0
0
0
Sub total(GrossrncorneforAR) 21,125 21,125
A2Aiietand lnveetment sales,
(seetable).
0 0 0
0 0 0 0
Subtotal 0 0 0 0
Totalreceipts 21,125 0 0 21,125 0
A3
Awards 2,000 2,000
CollectionFees 248 Zfi
CrossCharge 1,45 1,440
Donations 19,595 1s,595
Legal Fees
Corporation TaxFine
Bankcharges 0
Room hire
Sundry 88 88
23,374 23,374
A4Asset and investment
purchases,(eeetable)
Funds to Charity investment 30,000 0 0 30,000
0 0 0
Sub 30,000 0 0 30,000 0
Totalpayments 53,374 0 0 53,371 0
Netofrece ipts/(paym ents) 32,249 32,249
A5Transfersbetweenfunds 0
A6 Cashfundslast yearend 88,996 88,886
Cashfundsthis year 56,637 56,637

Total cashfunds Total cashfunds 56,637
(agree balances with receipts and payments
a@unt(s))
Unreetrlcted Restrictedfunds Endowment
funde funds
Details tonsarost€ tonearestg tonearest €
82 Other monetary assets
Details Fundto whlche$et
bolongg
Cost (optional) Current valuo
(optlonal)
83 lnvestment assets J M Finn 052920CHA WGOFFCT 431,911
Details Fundto whlchs$et
belongs
Cost (optional) Currcnt value
84AsseBretalnedfor the
charlty's ownuse
Fundto which Amountdue lruhsndue
Details liability relates (optional)
B5Liabilities
Signed by one or two trustees on behatf
of all the trustees
Signature Print
CO"6ru-.
Name
{< (*r'
Dateofapproval
I