| Page | ||
|---|---|---|
| Reference and administrative details ofthe Charity, |
its Trustees and advisers | |
| Trustees' report |
||
| Independent examiner's report |
||
| Statement offinancial activities | ||
| Balance sheet | ||
| Notes to the financial statements |
| Trustees | David John Hammond, | (Chair) | (Chair) | |
|---|---|---|---|---|
| Andrew Jonathan Claudet |
||||
| Ronald Anthony Collins |
of | Bishopstone | ||
| Nigel Paul Harding | ||||
| David Royston Philip |
||||
| Nicholas Paul Sladden |
||||
| Mark Watson-Gandy | ||||
| Paul Richard Williams | ||||
| Charity | registered | |||
| number | 1188020 | |||
| Principal | office | Information Technologists' |
Hall | |
| 39A Bartholomew Close |
||||
| Barbican | ||||
| London | ||||
| EC1A 7JN | ||||
| Accountants | Kreston Reeves LLP | |||
| Chartered Accountants |
||||
| 2nd Floor | ||||
| 168Shoreditch High Street |
||||
| London | ||||
| E1 6RA | ||||
| Bankers | CAF Bank Ltd | |||
| 25 Kings Hill Avenue |
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| West Mailing | ||||
| Kent | ||||
| ME194JQ |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| Note | 2023 | 2023 6 |
2023f | 2022 | ||||
| Income from: | ||||||||
| Donations | 3 | 22,147 | 22,147 | 26,212 | ||||
| Investments | 4 | 7,963 | 7,963 | 7,340 | ||||
| Total income | 30,110 | 30,110 | 33,552 | |||||
| Expenditure on: |
||||||||
| Raising funds | 2,016 | 2,016 | 2,075 | |||||
| Charitable activities |
32,416 | 32,416 | 31,830 | |||||
| Total expenditure | 34,432 | 34,432 | 33,905 | |||||
| Net expenditure | before net | |||||||
| gains/(losses) | on Investments | (4,322) | (4,322) | (353) | ||||
| Net gains/fosses) | on investments | 6,710 | 6,710 | (14,941) | ||||
| Net movement | in | funds | 2,388 | 2,388 | (15,294) | |||
| Reconciliation | of | funds: | ||||||
| Total funds brought | forward | 318,597 | 25 | 318,622 | 333,916 | |||
| Net movement | in | funds | 2,388 | 2,388 | (15,294) | |||
| Total funds carried forward | 320,985 | 25 | 321,010 | 318,622 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | 8 | 8 | ||||
| Fixed assets | ||||||
| Investments | 304,308 | 299,614 | ||||
| 304,308 | 299,614 | |||||
| Current assets | ||||||
| Debtors | 10 | 2,614 | 3,845 | |||
| Cash at bank and in hand | 48,639 | 46,538 | ||||
| 51,253 | 50,383 | |||||
| Creditors: amounts | falling due within one | |||||
| year | (34,551) | (31,375) | ||||
| Net current assets | 16,702 | 19,008 | ||||
| Total net assets | 321,010 | 318,622 | ||||
| Charity funds | ||||||
| Restricted funds |
12 | 25 | 25 | |||
| Unrestricted funds |
12 | 320,985 | 318,597 | |||
| Totalfunds | 321,010 | 318,622 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| E | E | E | |
| Donations | 18,602 | 18,602 | 21,978 |
| Gift aid | 3,545 | 3,545 | 4,234 |
| 22,147 | 22,147 | 26,212 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2023 | 2023 | 2022 | ||||
| E | E | |||||
| Dividend | income | 7,892 | 7,892 | 7,336 | ||
| Investment | income | 71 | 71 | 4 | ||
| 7,963 | ' | 7,963 | 7,340 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2023 | 2023 | 2022 |
| E | E | |
| 2,016 | 2,016 | 2,075 |
| Grant | ||
|---|---|---|
| funding of |
Support | Total |
| activitIes | costs | funds |
| 2023 | 2023 | 2023 |
| E | E | |
| 32,350 | 66 | 32,416 |
| Grant | ||||
|---|---|---|---|---|
| funding of |
Support | Total | ||
| activities | costs | funds | ||
| 2022 F |
2022f | 2022 6 |
||
| Direct | costs | 31,725 | 105 | 31,830 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 6 | E | |||
| Grants | to | institutions | 32,350 | 31,725 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 5 | F | |||
| Name of Institution | ||||
| City of London School for Girls' | 10,000 | 10,000 | ||
| City of London School | 5,000 | 5,000 | ||
| St Paul's Cathedral Foundation |
5,000 | 5,000 | ||
| Stepney All Saints School (formerly Sir John Case's Foundation |
School) | 2,000 | 2,000 | |
| Lord Mayor's Appeal | 2,000 | 2,000 | ||
| The Master's Charity (pre allocation) |
1,500 | |||
| IXXSquadron Welfare Fund |
1,000 | 1,000 | ||
| HMS Portland Welfare Fund |
1,000 | 1,000 | ||
| Shenifs' and Recorder's Fund |
1,000 | 1,000 | ||
| Livery Schools Link Opportunity | Fund | 1,000 | 1,000 | |
| The Ministry ofStories* | 1,000 | |||
| City of London Freemen's School |
500 | 500 | ||
| Heraldry Society | 450 | 450 | ||
| College ofArms Trust | 350 | 350 | ||
| Hon. Chaplain's fund (Chapel of |
Royal Hospital Chelsea) | 250 | 250 | |
| United Guilds Service |
200 | (200) | ||
| Society for Italic Handwriting | 100 | 100 | ||
| British Ukrainian Aid* |
2,000 | |||
| Crime & Punishment Play |
250 | |||
| Royal British Legion | 250 | |||
| Corporation ofthe Sons ofthe Clergy |
(25) | |||
| Society ofScribes and illuminators | (200) | |||
| The Master's ad hoc distribution | fund (pre allocation) | (400) | ||
| 32,350 | 31,325 |
| Cash | |||||
|---|---|---|---|---|---|
| Listed | awaiting | ||||
| investments | investment | Total | |||
| 8 | 6 | 6 | |||
| Valuation | |||||
| At 1 August 2022 | 279,122 | 20,492 | 299,614 | ||
| Additions | 15,426 | 15,426 | |||
| Revaluations | 6,710 | 6,710 | |||
| Movement in cash |
(17,442) | (17,442) | |||
| At 31 July 2023 | 301,258 | 3,050 | 304,308 | ||
| Net book value | |||||
| At 31 July 2023 | 301,258 | 3,050 | 304,308 | ||
| At 31 July 2022 | 279,122 | 20,492 | 299,614 | ||
| 10. | Debtors | ||||
| 2023f | 2022 | ||||
| Due within one year | |||||
| Other debtors | 2,614 | 3,645 | |||
| 11. | Creditors: Amounts | falling due within one year | |||
| 2023 | 2022f | ||||
| Other creditors | 226 | ||||
| Grants accrued | 34,325 | 31,375 | |||
| 34,551 | 31,375 |
| Statement | offunds | - current | year | ||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Gains/ | Balance at | |||||
| August 2022 | Income | Expenditure | (Losses) | 31 July 2023 | |||
| E | E | E | E | E | |||
| Unrestricted | funds | ||||||
| Designated | funds | ||||||
| Julia Hatt 400th Anniversary | |||||||
| Fund | 15,000 | (3,000) | 12,000 | ||||
| Designated | Funds | 10,000 | 10,000 | ||||
| Peter Esslemont Legacy Fund |
7,275 | 7,275 | |||||
| 32,275 | (3,000) | 29,275 | |||||
| General funds | |||||||
| Reserves | 286,322 | 30,110 | (31,432) | 6,710 | 291,710 | ||
| Total Unrestricted | funds | 318,597 | 30,110 | (34,432) | 6,710 | 320,985 | |
| Restricted | funds | ||||||
| Festival ofSt Cecilia | 25 | 25 | |||||
| Total offunds | 318,622 | 30,110 | (34,432) | 6,710 | 321,010 | ||
| Designated | Funds |
| Statement offunds | - prior year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| 1 August | Gains/ | Balance at | ||||
| 2021 6 |
Income f |
Expenditure 6 |
(Losses) 8 |
31 July 2022 8 |
||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Julia Hatt 400th Anniversary | ||||||
| Fund | 18,000 | (3,000) | 15,000 | |||
| Designated Funds |
10,000 | 10,000 | ||||
| Peter Esslemont Legacy Fund |
7,275 | 7,275 | ||||
| 35,275 | (3,000) | 32,275 | ||||
| General funds | ||||||
| Reserves | 298,616 | 33,552 | (30,905) | (14,941) | 286,322 | |
| Total Unrestricted | funds | 333,891 | 33,552 | (33,905) | (14,941) | 318,597 |
| Restricted funds | ||||||
| Festival ofSt Cecilia | 25 | 25 | ||||
| Total offunds | 333,916 | 33,552 | (33,905) | (14,941) | 318,622 |
| Summary | offunds - cur | rent year | ||||
|---|---|---|---|---|---|---|
| Balance at 1 | Gains/ | Balance at | ||||
| August 2022 | Income | Expenditure | (Losses) | 31July 2023 | ||
| 6 | 6 | 6 | 6 | 6 | ||
| Designated | funds | 32,275 | (3,000) | 29,275 | ||
| General funds | 286,322 | 30,110 | (31,432) | 6,710 | 291,710 | |
| Restricted | funds | 25 | 25 | |||
| 318,622 | 30,110 | (34,432) | 6,710 | 321,010 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| 1 August | Gains/ | Balance at | ||||
| 2021f | Income f |
Expenditure f |
(Losses) | 31 July 2022 6 |
||
| Designated | funds | 35,275 | (3,000) | 32,275 | ||
| General funds | 298,616 | 33,552 | (30,905) | (14,941) | 286,322 | |
| Restricted | funds | 25 | 25 | |||
| 333,916 | 33,552 | (33,905) | (14,941) | 318,622 |
| Analysis of net assets between funds - cur |
rent year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2023 6 |
2023 | 2023f | |
| Fixed asset investments | 304,308 | 304,308 | |
| Current assets | 51,228 | 25 | 51,253 |
| Creditors due within one year | (34,551) | (34,551) | |
| Total | 320,985 | 25 | 321,010 |