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|rence and|administrative<br>information|administrative<br>information|administrative<br>information|||||||
|---|---|---|---|---|---|---|---|---|---|
|Founder|The Wardens<br>and Commonalty||||ofthe Mistery ofDyers ofthe City ofLondon,|||commonly||
||known as The Dyers'|Company,|||or The|Worshipful|Company ofDyers.|||
||The Dyers' Company|was incorporated||||by Royal Charter in 1471,reg no. RC000911.||||
|Registered|11-13Dowgate Hill|||||||||
|office|London, EC4R2ST|||||||||
||Tel: 020 72367197|||||||||
||Email: officedyerscompany.|||corn||||||
|Trustee:|The Dyers' Company|is|the Trustee.|||||||
||During the year the following|||were the members of|||the Court ofThe Dyers' Company:|||
||RG Scott Moncrieff|||M Bird|||A C SMacpherson|||
||BM de L Cazenove|||J|M Lyon|(died|G C Rothwell|||
||M W M Rowlandson|||22nd May 2021)|||NB Q Back|||
||P G Mathieson|||J|RChambers||A H JCrockatt|||
||FA Onians|||I|G Blair||Prof. RH Wardman|||
||H D M Morley-Fletcher|||A RBurdon-Cooper|||JPRothwell|||
||LtCol. M A Marshall|||LSMackintosh|||JECawley (re-appointed||6~|
||RA Leuchars|||Dr M G Bartle|||October 2021)|||
||Sir Edmund<br>Verney|||H C Jourdain|||M G Mathieson|||
||RP Back|||J|M Holme||SM JLyon (appointed|4th||
||EAMLee|||J|N Crockatt||November 2020)|||
|Chief|Mr J RVaizey, The Clerk to the||||Trustee|||||
|Executive||||||||||
|Officer||||||||||
|Bankers|National<br>Westminster|Bank PLC||||||||
||1 Princes Street|||||||||
||London|||||||||
||EC2R8BP|||||||||
|Solicitors|BDBPitmans LLP|||||||||
||50Broadway|||||||||
||London|||||||||
||SW1H OBL|||||||||
|Independent|Haysmacintyre<br>LLP|||||||||
|Auditors|10Queen Street Place|||||||||
||London|||||||||
||EC4R 1AG|||||||||
|Investment|SG Kleinwort<br>Hambros||Bank|Limited||||||
|Adviser|8 StJames's Square|||||||||
||London|||||||||
||SW1Y4JU|||||||||





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||||Expendable||Total|Total|
|---|---|---|---|---|---|---|
||||Endowment|Unrestricted|3l October|3l October|
||||Fund|General Fund|202I|2020|
|||Notes|||||
|Income and endowments|from:||||||
|Charitable<br>activities||2||187,316|187,316|182,461|
|Investments||3||106,640|106,640|97,793|
|Other income||12||||2,790,683|
|Totalincome||||293,956|293,956|3,070,937|
|Expenditure<br>on:|||||||
|Charitable<br>activities|||||||
|Almshouses<br>costs||||273,706|273,706|247,666|
|Other expenditure||||7,290|7,290|5,949|
|Investment<br>management|costs|||3,539|3,539|4,094|
|Total expenditure||||284,535|284,535|257,709|
|Net incomel(expenditure)|before||||||
|gains and losses on investments||||9,421|9,421|2,813,228|
|Net gainsIPosses) on investments|||395,094||395,094|(395,420)|
|Net incomeI(expenditure) for theyear|||395,094|9,421|404,515|2,417,808|
|Transfers between<br>funds|||||||
|Net movement infunds|||395,094|9,421|404,515|2,417,808|
|Fund balances brought|forward||2,304,773|113,035|2,417,808||
|Fund balances carried forward|||2,699,867|122,456|2,822,323|2,417,808|





## 

||||3l October|3l October|
|---|---|---|---|---|
||||202l|2020|
|||Notes|||
|Fixed assets|||||
|Freehold<br>land, almshouses<br>equipment|and||110,830|83,081|
|Investment<br>portfolio at market value|||2,564,432|2,281,467|
||||2,675,262|2,364,548|
|Current assets|||||
|Debtors and prepayments||10|11,138|8,958|
|Cash at bank|||151,715|57,792|
|Total current assets|||162,853|66,750|
|Liabilities|||||
|Creditors<br>falling due within one year|||(15,792)|(13,490)|
|Net current assets|||147,061|53,260|
|Total net assets|||2,822,323|2,417,808|
|Represented<br>by:|||||
|Unrestricted funds|||||
|Expendable<br>Endowment|Fund|12|2,699,867|2,304,773|
|General Fund||12|122,456|113,035|
|Totalfunds|||2,822,323|2,417,808|





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|||||||||31October|3I October|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|2.Income from charitable|||||activities|||||
|Residents'<br>maintenance|||contributions|||||187,316|182,461|
|||||||||187,316|182,461|
|3.Investment|income|||||||||
|Listed investments||||||||106,634|97,743|
|Interest on bank deposits|||||||||50|
|||||||||106,640|97,793|
|4.Expenditure|on|charitable||||activities||||
|Resident staff||||||||||
|Staff salaries, pensions,||||and benefits|||in kind|47,548|43,983|
|Employer's|National||Insurance|||Contributions||3,928|3,457|
|Training &|development||||||||213|
|||||||||51,476|47,653|
|Routine Expenditure||||||||||
|Gas||||||||16,554|16,023|
|Water and drainage||||||||8,069|7,328|
|Insurance||||||||6,289|5,645|
|Medical services||||||||5,420|5,193|
|Alarm monitoring||systems||||||2,717|2,684|
|Travel||||||||1,471|736|
|Office &sundry||||||||1,339|1,079|
|Electricity||||||||1,327|1,140|
|Telephone||||||||857|1,056|
|Clubroom||||||||831|2,390|
|Fire safety||||||||433|222|
|Almshouse|Association|||||||295|281|
|Council tax||||||||269|130|
|Advertising||||||||130|480|
|||||||||46,001|44,387|





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|||||31October|31October|
|---|---|---|---|---|---|
|||||2021|2020|
|4.Expenditure<br>on charitable|||activities contid|||
|Repairs and maintenance||||||
|Grounds<br>maintenance||||22,825|21,874|
|Heating &plumbing|repairs|and|maintenance|9,431|10,141|
|General repairs||||5,789|1,873|
|Risk Assessment<br>and|Testing|||3,788||
|Electrical repairs||||105|200|
|Roofrepairs|||||799|
|||||41,938|34,887|
|Major works||||||
|Major refurbishments|and upgrades|||57,757|34,264|
|Electrics Improvements||||3,226||
|Equipment<br>Depreciation||||3,083||
|New cookers||||1,412|459|
|New shower units||||438|688|
|Roofing|||||7,518|
|Groundworks<br>&drainage|||||2,160|
|Fire &security<br>improvements|||||1,416|
|||||65,916|46,505|
|Other expenditure||||||
|Management<br>staff costs||||53,795|56,623|
|Legal &professional||||8,940|12,451|
|Audit fee||||5,640|5,160|
|||||68,375|74,234|
|Total expenditure<br>on charitable||activities||273,706|247,666|





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||||||||31October|31October|
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|5.Investment||management||||costs|||
|Investment|management|||fee|||3,236|3,688|
|Bank charges|||||||303|406|
||||||||3,539|4,094|
|6.Other expenditure|||||||||
|Gifts to residents|||||||4,585|4,230|
|Donations|||||||2,705|1,719|
||||||||7,290|5,949|
|7.Analysis|of|staff||costs|||||
|Salaries and|benefits||in|kind|||82,964|81,771|
|Pension costs|||||||13,949|14,052|
|Employer's|National||Insurance||Contributions||8,358|8,239|
||||||||105,271|104,062|



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|8.Freehold<br>Land and Buildings||||
|---|---|---|---|
||Land &|Equipment|Total|
||Buildings|||
|Balance as at 1"November 2020|83,081||83,081|
|Additions<br>in the year-at cost<br>Depreciation<br>Balance as at 31"October 2021|83,081|30,832<br>~3,083<br>27,749|30,832<br>~3,083<br>110,830|





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|||||31October|31October|
|---|---|---|---|---|---|
|||||2021|2020|
|9.Listed Investments||||||
|Market value brought<br>forward||||2,281,467|2,680,002|
|Additions<br>in the year at cost|||||271,666|
|Disposals<br>in the year at carrying||value||(83,426)|(325,345)|
|Gain in the year on investments||retained||366,391|(344,856)|
|Market value at end ofthe year||||2,564,432|2,281,467|
|Historical costofinvestments|held at the end ofthe year|||1,741,838|1,806,281|
|10.Debtors||||||
|Prepayments||||9,608|7,480|
|Residents'<br>maintenance<br>contributions||||1,369|1,317|
|Other debtors||||161|161|
|||||11,138|8,958|
|11.Creditors||||||
|Trade creditors and accruals||||14,087|12,380|
|Other creditors||||1,705|1,110|
|||||15,792|13,490|
|12.Analysis ofCharitable||Funds||||
|On 1"November 2019the CIO received a donation ofall ofthe net||||||
|assets ofthe Dyers' Almshouse<br>Charity, reg no. 210755.||||||
|Expendable<br>Endowment<br>fund||||||
|Balance brought<br>forward||||2,304,773||
|Donation<br>from Dyers'|Almshouse||Charity||2,700,193|
|Gains/ (losses) on investments||||395,094|(395,420)|
|Balance carried forward||||2,699,867|2,304,773|





## 

|General|Fund||||||
|---|---|---|---|---|---|---|
||Balance|brought|forward||113,035||
||Donation|from|Dyers' Almshouse|Charity||90,490|
||Income||||293,956|280,254|
||Expenditure||||(284,535)|(257,709)|
||Balance|carried|forward||122,456|113,035|



|31"October 2021|31"October 2021|Unrestricted|Expendable|Total|
|---|---|---|---|---|
|||Funds|Endowment|Funds|
||||Funds||
|Freehold|land and property||110,830|110,830|
|Investments|||2,564,432|2,564,432|
|Current|assets|138,248|24,605|162,853|
|Current|liabilities|(15,792)||(15,792)|
|Total||122,456|2,699,867|2,822,323|
|31"October 2020||Unrestricted|Expendable|Total|
|||Funds|Endowment|Funds|
||||Funds||
|Freehold|land and property||83,081|83,081|
|Investments||59,775|2,221,692|2,281,467|
|Current|assets|66,750||66,750|
|Current|liabilities|(13,490)||(13,490)|
|Total||113,035|2,304,773|2,417,808|



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|||Expendable|Unrestricted|Total|
|---|---|---|---|---|
|||Endowment|General Fund|31October|
|||Fund||2020|
|Income and endowments|from:||||
|Charitable<br>activities|||182,461|182,461|
|Investments|||97,793|97,793|
|Other income||2,700,193|90,490|2,790,683|
|Totalincome||2,700,193|370,744|3,070,937|
|Expenditure<br>on:|||||
|Charitable<br>activities|||247,666|247,666|
|Investment<br>management|costs||4,094|4,094|
|Other costs|||5,949|5,949|
|Total Expenditure|||257,709|257,709|
|Net income(expenditure)<br>losses on investments|before gains and|2,700,193|113,035|2,813,228|
|Net gainsl(losses) on investments||(395,420)||(395,420)|
|Net income! (expenditure) for theyear||2,304,773|113,035|2,417,808|
|Transfers between<br>Funds|||||
|Net movement infunds||2,304,773|113,035|2,417,808|
|Fund balances brought|forward||||
|Fund balances carried forward||2,304,773|113,035|2,417,808|