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|Major refurbishments|Major refurbishments|in recent years||
|---|---|---|---|
|Over the past ten years in excess||ofKlmillion<br>has been spent on maintenance<br>and|improvements<br>including:|
|2012-13|Full refurbishment|of 1 kitchen and<br>1 bathroom.<br>Partial refurbishment<br>of3 bathrooms.||
|2013-14|Full refurbishment|of2 kitchens. Partial refurbishment<br>of5 bathrooms.<br>Decorating 4bungalows.||
|2014-15|Partial refurbishment|of 1bathroom.<br>Refurbishment<br>ofdriveway.||
|2015-16|Full refurbishment|of1 kitchen. Full refurbishment<br>of 1 bathroom.|Replacement of4 boilers.|
||Decorating<br>1 bungalow.<br>Re-roofing ofseveral bungalows|||
|2016-17|Full refurbishment|of2bathrooms.<br>Partial refurbishment<br>of2 bathrooms.<br>Decorating 2bungalows.||
||Creation ofnew car park.|||
|2017-18|Full refurbishment|of 1 kitchen. Full refurbishment<br>of 1 bathroom.|Partial refurbishment<br>of4|
||bathrooms.<br>Replacement<br>of4boilers. Decorating 2 bungalows.<br>Re-roofing ofseveral bungalows.|||
|2018-19|Full refurbishment|of 1 kitchen. Full refurbishment<br>of 1 bathroom.|Replacement of2 boilers.|
|2019-20|Full refurbishment|of3 kitchens. Full refurbishment<br>of2 bathrooms.|Partial refurbishment<br>of2|
||bathrooms.<br>Decorating of3 bungalows.|||
|2020/21|Full refurbishment|of3 kitchens. Full refurbishment<br>of6 bathrooms.|Decorating of3bungalows.|
||Fitting new electric|gates. Personal safety alarm system renewal.||
|2021/22|Replacing<br>mains water pipework to all properties.<br>Full refurbishment||of4 bungalows,<br>refit|
||bathrooms<br>and showers<br>in 3 bungalows<br>and replacement<br>of2 boilers.|||





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|rence and a|dministrative<br>information|dministrative<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'<br>Company|was incorporated|||by Royal Charter||in 1471,reg no. RC000911.|
|Registered|11-13Dowgate Hill|||||||
|otBce|London, EC4R2ST|||||||
||Tel: 020 72367197|||||||
||Email: oAicedyerscompany.||corn|||||
|Trustee:|The Dyers'<br>Company|is the Trustee.||||||
||During the year the following||were the members of|||the Court ofThe Dyers' Company:||
||RG Scott Moncrieff||E|A M Lee||JN Crockatt||
||BM de L Cazenove||M|Bird||A C SMacpherson||
||M W M Rowlandson||JRChambers|||GC Rothwell||
||P G Mathieson||JG Blair|||N|BQ Back|
||FA Onians||A|RBurdon-Cooper||A|H JCrockatt|
||H D M Morley-Fletcher||L|SMackintosh||Prof. R H Wardman||
||LtCol. M A Marshall||(retired 6/7/2022)|||J|P Rothwell|
||RA Leuchars||Dr M G Battle|||J|ECawley|
||Sir Edmund<br>Verney||H|C Jourdain||M G Mathieson||
||RP Back||JM Holme|||S|M J Lyon|
|Chief|Mr JRVaizey, The Clerk to the Trustee|||||||
|Execuiive||||||||
|Officer||||||||
|Bankers|National<br>Westminster|Bank PLC||||||
||1 Princes Street|||||||
||London|||||||
||EC2R 8BP|||||||
|Solicitors|BDBPitmans LLP|||||||
||50Broadway|||||||
||London|||||||
||SW1H OBL|||||||
|Independent|Haysmacintyre<br>LLP|||||||
|Auditors|10Queen Street Place|||||||
||London|||||||
||EC4R 1AG|||||||
|Investment|JM Finn &Co Ltd|||||||
|Adviser|25 Copthall<br>Avenue|||||||
||London|||||||
||EC2R 7AH|||||||





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||||Expendable||Total|Total|
|---|---|---|---|---|---|---|
||||Endowment|Unrestricted|3l October|3l October|
||||Fund|General Fund|2022|202(|
|||Notes|||||
|Income and endowments|frow:||||||
|Charitable<br>activities||||186,648|186,648|187,316|
|Investments||||116,801|116,801|106,640|
|Donation||||1,000|1,000||
|Total income||||304,449|304,449|293,956|
|Expenditure<br>on:|||||||
|Charitable<br>activities|||||||
|Almshouses<br>costs||||260,789|260,789|273,706|
|Other expenditure||||15,567|15,567|7,290|
|Invesimeut<br>management|costs|||6,983|6,983|3,539|
|Total expenditure||||283,339|283,339|284,535|
|Net(acorns/(expenditure)|||||||
||before||||||
|gains and losses on investments||||21,110|21,110|9,421|
|Ner gains/Posses)<br>oninveslmenls|||86,129||86,129|395,094|
|Net income<br>/(rxpenditurel|for the year||86,129|21,110|107,239|404,515|
|Transfers between<br>funds|||(218,300)|218,300|||
|Net movement infunds|||(132,171)|239,410|107,239|404,515|
|Fund balances brought forwnrd|||2,699,867|122,456|2,822,323|2,417,808|
|Fund balances carried forward|||2,567,696|361,866|2,929,562|2,822,323|





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|||||3I October|3I October|
|---|---|---|---|---|---|
|||||2022|202I|
||||Notes|||
|Fixed assets||||||
|Freehold land, almshouses<br>equipment||and||343,347|110,830|
|Investment<br>portfolio at|market value|||2,558,430|2,564,432|
|||||2,901,777|2,675,262|
|Current assets||||||
|Debtors and prepayments|||10|11,533|11,138|
|Cash at bank||||27,912|151,715|
|Total current assets||||39,445|162,853|
|Liabilities||||||
|Creditors falling due within||one year||(11,660)|(15,792)|
|Net current assets||||27,785|147,061|
|Total net assets||||2,929,562|2,822,323|
|Representedbyt||||||
|Unrestricted funds||||||
|Expendable<br>Endowment|Fund||12|2,567,696|2,699,867|
|General Fund|||12|361,866|122,456|
|Totalfunds||||2,929,562|2,822,323|





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||||||||3/ October|37 October|
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
|2.Income from charitable|||||activities||||
|Residents'<br>maintenance|||contributions||||186,648|187,316|
||||||||186,648|187,316|
|3.Investment|income||||||||
|Listed investments|||||||116,749|106,634|
|Interest on bank deposits|||||||52||
||||||||116,801|106,640|
|4.Expenditure|on|charitable||||activities|||
|Resident stafF|||||||||
|Staff salaries, pensions,||||and benefits in kind|||52,348|47,548|
|Employer's|National||Insurance|||Contributions|4,212|3,928|
|Training &|development||||||||
||||||||56,560|51,476|
|Routine Expenditure|||||||||
|Gas|||||||21,764|16,554|
|Water and drainage|||||||8,017|8,069|
|Insurance|||||||7,281|6,289|
|Office &sundry|||||||3,389|1,339|
|Medical services|||||||3,098|5,420|
|Electricity|||||||2,394|1,327|
|Alarm monitoring||systems|||||2,141|2,717|
|Clubroom|||||||1,538|831|
|Travel|||||||625|1,471|
|Fire safety||||||||433|
|Almshouse|Association||||||309|295|
|Telephone|||||||308|857|
|Council tax|||||||205|269|
|Advertising||||||||130|
||||||||51,413|46,001|





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|||||3IOctober|3I October|
|---|---|---|---|---|---|
|||||2022|202I|
|4.Expenditure<br>on charitable|||activities cont/d|||
|Repairs and maintenance||||||
|Grounds<br>maintenance||||29,853|22,825|
|Partial Refits||||14,922||
|Depreciation||||13,896|3,083|
|General repairs||||13,002|5,789|
|Heating &plumbing||repairs and|maintenance|8,053|9,431|
|New Boilers||||4,080||
|Fire &security||||1,001||
|Roofrepairs||||921||
|New shower units|||||438|
|Electrical repairs|and|Improvements||439|3,331|
|Risk Assessment|and|Testing||46|3,788|
|Major refurbishments||and upgrades|||57,757|
|New cookers|||||1,412|
|||||86,656|107,854|
|Other expenditure||||||
|Management<br>staff costs||||55,930|53,795|
|Audit fee||||6,480|5,640|
|Legal &professional||||3,750|8,940|
|||||66,160|68,375|
|Total expenditure<br>on|charitable<br>activities|||260,789|273,706|





|31October 2|022||||||||
|---|---|---|---|---|---|---|---|---|
||||||||31October|3I October|
||||||||2022|202I|
|5.Investment||management||||costs|||
|Investment|management|||fee|||6,559|3,236|
|Bank charges|||||||424|303|
||||||||6,983|3,539|
|6.Other expenditure|||||||||
|Events|||||||8,086||
|Gifts to residents|||||||4,290|4,585|
|Donations|||||||3,191|2,705|
||||||||15,567|7,290|
|7.Analysis|of|staff||costs|||||
|Salaries and|benefits||in|kind|||88,461|82,964|
|Pension costs|||||||14,864|13,949|
|Employer*s|National||Insurance||Contributions||9,165|8,358|
||||||||112,490|105,271|



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|8.Freehold<br>Land a|nd Buildings||||
|---|---|---|---|---|
|||Land Sr.|Property|Total|
|||Buildings|Improvements||
||||and Equipment||
|Cost|||||
|Balance as at Is November|2021|83,081|30,832|113,913|
|Additions<br>in the year-at cost|||246,413|46413|
|Balance as at31"October|2022|83 0111|277,245|360 326|
|Depreciation<br>Balance as at I"November|2021||3,083|3,083|
|Charge for the year|||13,896|13 896|
|Balance as at 31"October|2022||16,979|16,979|
|Net Book Value|||||
|Balance as at31"October|2022|83,081|260 266|343347|
|Balance as at Is November|2021|83,081|27,749|110,830|





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||||37 October|31October|
|---|---|---|---|---|
||||2022|2021|
|9.Listed Investments|||||
|Market value brought<br>forward|||2,564,432|2,281,467|
|Additions<br>in the year at cost|||129,778||
|Disposals in the year at canying|value||(213,792)|(83,426)|
|Gain in the year on investments|retained||78,012|366,391|
|Market value at end ofthe year|||2,558,430|2,564,432|
|Historical costofinvestments<br>held at the end ofthe year|||1,613,040|1,742,143|
|10.Debtors|||||
|Prepayments|||8,481|9,608|
|Residents'<br>maintenance<br>contributions|||2,261|1,369|
|Other debtors|||791|161|
||||11,533|11,138|
|11.Creditors|||||
|Trade creditors and accmals|||11,060|14,087|
|Other creditors|||600|1,705|
||||11,660|15,792|
|12.Analysis ofCharitable|Funds||||
|Expendable<br>Endowment<br>fuad|||||
|Balance brought<br>forward|||2,699,867|2,304,773|
|Transfer to General Fund|||(218,300)||
|Gains/ (losses) on investments|||86,129|395,094|
|Balance carried forward|||2,567,696|2,699,867|
|General Fund|||||
|Balance brought<br>forward|||122,456|113,035|
|Transfer from the Endowment||Fund|218,300||
|Income|||304,449|293,956|
|Expenditure|||(283,339)|(284,535)|
|Balance carried forward|||361,866|122,456|





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|31nOctober 2022|31nOctober 2022|Unrestricted|Expendable|Total|
|---|---|---|---|---|
|||Funds|Endowment|Funds|
||||Funds||
||||r,||
|Freehold|land and property||343,347|343,347|
|Investments||334,081|2,224,349|2,558,430|
|Current|assets|39,445||39,445|
|Current|liabilities|(11,660)||(11,660)|
|Total||361,866|2,567,696|2,929,562|
|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|



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|||Expendable||Total|Total|
|---|---|---|---|---|---|
|||Endowment|Unrestricted|3l October|3) October|
|||Fund|General Fund|202)|2020|
|Income and endowments|freest|||||
|Charitable<br>activities|||187,316|187,316|182,461|
|Investments|||106,640|106,640|97,793|
|Other income|||||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(aroma((expenditure)|before|||||
|gains and losses on investments|||9,421|9,421|2,813,228|
|Net gains/<br>l7osses) on investments||395,094||395,094|(395,420i|
|Netincome I(expenditure) for the peur||395,094|9,421|404,515|2,417,808|
|Transfers between<br>funds||||||
|Net movementin<br>funds||395,094|9,421|404,515|2,417,808|
|Fund balances<br>brought forward||2,304,773|113,035|2,417,808||
|Fund balances serried forward||2,699,867|122,456|2,822,323|2,417,808|