Charity registration number: 1188020
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
UNAUDITED
ANNUAL REPORT
FOR THE YEAR ENDED
31 JULY 2025
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
| CONTENTS | ||
|---|---|---|
| Page | ||
| Charity information | 1 | |
| Trustee’s report | 2 | |
| Independent examiner’s report | 5 | |
| Statement of financial activities | 6 | |
| Balance sheet | 7 | |
| Notes to the financial statements | 8 |
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
CHARITY INFORMATION
Trustee Ex-Officio: Master and Chair: Upper Warden: Renter Warden: Clerk: Other Trustees: R. A. Collins of Bishopstone D. J. Hammond N. P. Harding N. P. Sladden M Spencer Charity number 1188020 Principal office Informative Technologists’ Hall 39A Bartholemew Close Barbican London EC1A 7JN Independent examiner Jane Lowden F. W. Smith, Riches & Co. Chartered Accountants 15 Whitehall London SW1A 2DD
A. J. Claudet
A. R. Fenemore-Jones J. Toth L. C. James
Bankers CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ.
Page 1
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JULY 2025
The Trustees present their report together with the financial statements of the Charity for the year ended 31 July 2025.
Objectives and activities
Constitution and Objectives
The Court of the Worshipful Company of Scriveners and the Trustees of the Worshipful Company of Scriveners Sexcentenary Charity Fund determined that the aims of the latter would be better served by the establishment of a Charitable Incorporated Organisation known as The Scriveners' Company Sexcentenary Charity CIO which was registered with the Charity Commission on 18 February 2020 (registered number 1188020).
Under the terms of its Constitution dated 16 January 2020 the objects of the CIO are:
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Providing for the relief of hardship among Liverymen and Freemen of the Worshipful Company of Scriveners and their dependents;
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The making of grants to schools, colleges and other organisations for the advancement of education and contributing in whole or in part, to bursaries being awarded by such schools, colleges and other organisations, particularly but not limited to those involved in trades and crafts associated with the Worshipful Company of Scriveners;
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The relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage;
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The advancement of culture and heritage in the trades and crafts associated with the Worshipful Company of Scriveners;
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To support the charitable work of the Lord Mayor of the City of London; and
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To further the charitable work of the Worshipful Company of Scriveners.
Trustees and Members
The Members of the CIO are the voting members of the Court of the Worshipful Company of Scriveners. There must be at least three Trustees and a maximum number of nine (including ex officio Trustees). The ex officio Trustees are the Master, Upper Warden, Renter Warden and Clerk.
The Trustees who served during the year and up to the date of this report were:
Paul Richard Williams (Chair to 16 July 2025) Andrew Jonathan Claudet (Chair from 16 July 2025) Ronald Anthony Collins Andrew Fenemore-Jones David John Hammond Nigel Paul Harding Linzi Christine James David Royston Philip (resigned 6 November 2025) Nicholas Paul Sladden Matthew Spencer (appointed 8 January 2025) John Toth (appointed 8 January 2025) Mark Watson Gandy (Resigned 4 September 2024)
Page 2
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JULY 2025
Objectives and activities (continued)
Methods of appointment or election of Trustees
At every annual general meeting of the Members of the CIO, one third of the Trustees shall retire by rotation being those who have been the longest in office since their last appointment or reappointment. Vacancies arising may be filled by a decision of the Trustees of the Charity. Trustees so appointed shall offer themselves for reelection at the Annual General meeting following their appointment.
Activities undertaken to achieve objectives
The charity makes grants to charitable organisations to fulfil its objectives.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Achievements and performance
Review of activities
In the year ended 31 July 2025, the Charity generated income of £34,786 (2024: £31,345) from donations and investments. In the prior year, the timing of the communications to beneficiaries of grants and donations was changed. Thus, a number of grants were awarded and communicated to beneficiaries after 31 July 2024. As such, more grants were awarded by the Trustees in the year ended 31 July 2025, being £34,660 (2024: £950), including £3,000 (2024: £nil) from the Julia Hett 400th Anniversary Fund.
Investment policy and performance
The investments held by the Charity have been managed in accordance with the powers available to the Trustees.
At 31 July 2025, the investment portfolio showed an unrealised gain of £22,844 (2024: £44,713) and a loss on disposal of investments of £10,196 (2024: £266).
Financial review
Going concern
Due to the continuing support of our donors and the Trustees reserves policy as outlined below and after making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
Reserves policy
Reserves are invested to produce income which when added to the annual donations received enables the Trustees to maintain level payments in furtherance of the Charity's objectives. This is subject to the Trustees' policy of maintaining cash reserve with a value equivalent to a minimum one year's charitable donations payable, which is of the order of £30,000 to £34,000 per annum.
In the opinion of the Trustees the charity's assets are available and adequate to fulfil the obligations of the charity.
Page 3
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 JULY 2025
Financial review (continued)
Reserves policy (continued)
At the balance sheet date, the charity held reserves of £404,119 (2024: £393,665) of which £25,775 (2024: £29,275) is within designated funds, £25 (2024: £25) is within restricted funds and £378,319 (2024: £364,365) is within general funds.
Statement of Trustees’ responsibilities
The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period.
In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP;
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make judgements and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue to operate.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
A. J. Claudet Chair
Page 4
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
INDEPENDENT EXAMINER’S REPORT TO TRUSTEES OF THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
I report to the Trustees on my examination of the financial statements of The Scriveners’ Company Sexcentenary Charity CIO (‘the Charity’) for the year ended 31 July 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
This report is made solely to the Charity’s Trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Jane Lowden FCA
F. W. Smith, Riches & Co. Chartered Accountants 15 Whitehall London SW1A 2DD
Page 5
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025
| Note Income from: Donations 3 Investments 4 Total income Expenditure on: Raising funds 5 Charitable activities 6 Total expenditure Net (expenditure)/income before net gains on investments Net gain on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 25,931 8,855 34,786 2,249 34,731 36,980 (2,194) 12,648 10,454 393,640 10,454 404,094 |
Restricted funds 2025 £ - - - - - - - - - 25 - 25 |
Total funds 2025 £ 25,931 8,855 34,786 2,249 34,731 36,980 (2,194) 12,648 10,454 393,665 10,454 404,119 |
Total funds 2024 £ 23,180 8,165 |
|---|---|---|---|---|
| 31,345 | ||||
| 2,115 1,022 |
||||
| 3,137 | ||||
| 28,208 44,447 |
||||
| 72,655 | ||||
| 321,010 72,655 |
||||
| 393,665 |
The Statement of financial activities includes all gains and losses recognised in the year.
Page 6
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
BALANCE SHEET AS AT 31 JULY 2025
| Note Fixed assets Investments 10 Current assets Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Net assets Charity funds: Unrestricted funds 14 Restricted funds 14 Total Funds |
2025 £ 358,857 1,312 53,294 54,606 (9,344) 45,262 404,119 404,094 25 404,119 |
2024 £ 346,764 1,446 49,126 |
|---|---|---|
| 50,572 | ||
| (3,671) | ||
| 46,901 | ||
| 393,665 | ||
| 393,640 25 |
||
| 393,665 |
The financial statements on pages 6 to 17 were approved and authorised for issue by the Trustees on and were signed on their behalf by:
A. J. Claudet Chair
Page 7
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. Accounting policies
1.1 Statement of compliance
The Scriveners' Company Sexcentenary Charity is a registered charity (charity number 1188020). The registered office and principal address is Information Technologists' Hall, 39A Bartholomew Close, Barbican, London, EC1A 7JN.
1.2 Basis of preparation of financial statements and assessment of going concern
The financial statements have been prepared in accordance with ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Second Edition)’ and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Second Edition)’ rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Scriveners' Company Sexcentenary Charity, CIO meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debt and liabilities.
The financial statements are presented in Pounds Sterling and rounded to the nearest £1.
The Trustees consider that there are no material uncertainties about the Society’s ability to continue as a going concern.
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Society's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 2.
1.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Page 8
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. Accounting policies (continued)
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
1.5 Investment income
Interest on funds held on deposit is included upon notification of the interest being paid or payable. Dividends are recognised once the dividend has been declared and notification of the dividend due has been received.
1.6 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gains/(Losses) on investments' in the Statement of financial activities.
1.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Page 9
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. Accounting policies (continued)
1.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
2. Judgements in applying accounting policies and key sources of estimation uncertainty
In preparing the financial statements management are required to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for income and expenditure during the year. However, the nature of estimation means that actual outcomes could differ from these estimates. Whilst management have made judgements, estimates and assumptions in preparing the financial statements, they consider that these have not had a significant effect on amounts recognised.
3. Income from donations and legacies
| Donations Gift aid Investment income Dividend income Investment income |
Unrestricted funds 2025 £ 22,302 3,629 25,931 |
Total funds 2025 £ 22,302 3,629 25,931 |
Total funds 2024 £ 19,388 3,792 |
|---|---|---|---|
| 23,180 | |||
| Unrestricted funds 2025 £ 8,732 124 8,855 |
Total funds 2025 £ 8,732 124 8,855 |
Total funds 2024 £ 8,052 113 |
|
| 8,165 |
4. Investment income
Page 10
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
5. Investment management costs
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Investment management fees | 2,249 | 2,249 | 2,115 |
6. Analysis of expenditure by activities
| Expenditure Expenditure |
Grant funding of activities 2025 £ 34,660 Grant funding of activities 2024 £ 950 |
Support Total costs Funds 2025 2025 £ £ 71 34,731 Support Total costs Funds 2024 2024 £ £ 72 1,022 |
|---|---|---|
7. Independent examiner’s remuneration
The independent examination fee of £2,500 (2024: £1,650) has been borne by the Worshipful Company of Scriveners on behalf of the Charity.
Page 11
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
8. Analysis of grants
| Grants to institutions Grants to individuals |
2025 £ 34,160 500 34,660 |
2024 £ 950 - |
|---|---|---|
| 950 |
Breakdown of grants
The Charity has made the following grants to institutions during the period:
| Name of institution Help Musicians City of London School for Girls City of London School Charitable Trust St Paul's Cathedral Foundation St Pauls Cathedral School Stepney All Saints School (formerly Sir John Cass's Foundation School) Lord Mayor's Appeal Harrow Club LXX Squadron Welfare Fund HMS Portland Welfare Fund Sheriffs and Recorder's Fund Livery Schools Link Opportunity Fund City of London Freemen's School Heraldry Society College of Arms Trust Hon. Chaplain's fund (Chapel of Royal Hospital Chelsea) United Guilds Service Society for Italic Handwriting Cancelled donation Ruth Rowland (Peter Esslemont Prize) Build Up Foundation Make Them Smile Team Up for Social Mobility Ltd Donation to Garden of Remembrance |
2025 £ 25 10,000 5,035 5,000 50 2,000 2,000 1,000 1,000 1,000 1,000 1,000 500 450 350 250 200 200 (100) 500 1,000 1,000 1,000 200 34,660 |
2024 £ - - - - - - - - - 1000 - - - - 250 200 - (500) - - - - - |
|---|---|---|
| 950 |
- These grants were made in full or partially out of the Julia Hett 400th Anniversary Fund.
During the prior year it was agreed that the timing of the communications to beneficiaries of grants and donations would be changed. For the year ended 31 July 2024 this resulted in a reduction in the number of grants recognised in the financial statements as committed.
Page 12
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
9. Trustees’ remuneration and expenses
During the current and prior period, no Trustees received any remuneration or other benefits. Also during both periods, no Trustee expenses have been reimbursed.
10. Fixed asset investments
| Listed Valuation investments £ At 1 August 2024 346,764 Additions 54,971 Disposals (77,924) Revaluations 22,844 Movements in cash - At 31 July 2025 346,655 Net book value At 31 July 2025 346,655 At 31 July 2024 346,764 11. Debtors Due within one year Other debtors 12. Creditors: Amounts falling due within one year Other creditors Grants accrued 13. Financial instruments Financial assets measured at fair value through income and expenditure |
Cash Awaiting investment £ - - - - 12,202 12,202 12,202 - 2025 £ 1,312 2025 £ 634 8,710 9,344 2025 £ 358,857 |
Total £ 346,764 54,971 (77,924) 22,844 12,202 |
|
|---|---|---|---|
| 358,857 | |||
| 358,857 | |||
| 346,764 | |||
| 2024 £ 1,446 |
|||
| 2024 £ 1,396 2,275 3,671 |
|||
| 2024 £ 346,764 |
Page 13
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
14. Statement of funds
Statement of funds – current year
| Unrestricted funds Designated funds Julia Hett 400th Anniversary Fund Designated Funds Peter Esslemont Legacy Fund General funds Reserves Total Unrestricted funds Restricted funds Restricted funds – all funds |
Balance at 1 August 2024 £ 12,000 10,000 7,275 29,275 364,365 393,640 25 393,665 |
Income £ - - - - 34,786 34,786 - 34,786 |
Expenditure £ (3,000) - (500) (3,500) (33,480) (36,980) - (36,980) |
Gains/ (Losses) £ - - - - 12,648 12,648 - 12,648 |
Balance at 31 July 2025 £ 9,000 10,000 6,775 |
|---|---|---|---|---|---|
| 25,775 | |||||
| 378,319 | |||||
| 404,094 | |||||
| 25 | |||||
| 404,119 |
Designated Funds
The Julia Hett 400th Anniversary Fund is to be expended by way of a capital and/or income at the rate of £3,000 per annum.
The Trustees have designated £10,000 to be distributed with regards to the Trustees' wishes.
The Peter Esslemont Prize is to fund a calligraphy prize.
General Funds
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted Funds
Help Musicians funds were collected for a charitable donation towards the cost of the Festival of St Cecilia.
Page 14
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
14. Statement of funds (continued)
Statement of funds – prior year
| Unrestricted funds Designated funds Julia Hett 400th Anniversary Fund Designated Funds Peter Esslemont Legacy Fund General funds Reserves Total Unrestricted funds Restricted funds Restricted funds – all funds |
Balance at 1 August 2023 £ 12,000 10,000 7,275 29,275 291,710 320,985 25 321,010 |
Income £ - - - - 31,345 31,345 - 31,345 |
Expenditure £ - - - - (3,137) (3,137) - (3,137) |
Gains/ (Losses) £ - - - - 44,447 44,447 - 44,447 |
Balance at 31 July 2024 £ 12,000 10,000 7,275 |
|---|---|---|---|---|---|
| 29,275 | |||||
| 364,365 | |||||
| 393,640 | |||||
| 25 | |||||
| 393,665 |
Page 15
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
15. Summary of funds
Statement of funds – current year
| Balance at 1 August 2024 £ Designated funds 29,275 General funds 364,365 Restricted funds 25 393,665 Statement of funds – prior year Balance at 1 August 2023 £ Designated funds 29,275 General funds 291,710 Restricted funds 25 321,010 |
Income £ - 34,786 - 34,786 Income £ - 31,345 - 31,345 |
Expenditure £ (3,500) (33,480) - (36,980) Expenditure £ - (3,137) - (3,137) |
Gains/ (Losses) £ - 12,648 - 12,648 Gains/ (Losses) £ - 44,447 - 44,447 |
Balance at 31 July 2025 £ 25,775 378,319 25 |
|---|---|---|---|---|
| 404,119 | ||||
| Balance at 31 July 2024 £ 29,275 364,365 25 |
||||
| 393,665 |
16. Analysis of net assets between funds
Analysis of net assets between funds – current period
| Fixed asset investments Current assets Creditors due within one year Total |
Unrestricted Funds 2025 £ 358,857 54,581 (9,344) 404,094 |
Restricted funds 2025 £ - 25 - 25 |
Total 2025 £ 358,857 54,606 (9,344) |
|---|---|---|---|
| 404,119 |
Page 16
THE SCRIVENERS’ COMPANY SEXCENTENARY CHARITY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
17. Related party transactions
The Worshipful Company of Scriveners, the Charity's associated livery company, received donations totalling to £962 (2024: £604) on behalf of the Charity.
The Worshipful Company of Scriveners made donations to one institution totalling £200 (2024: £nil) on behalf of the Charity.
The Worshipful Company of Scriveners transferred £nil (2024: £1,774) to the Charity during the year.
At the balance sheet date, £634 (2024: £1,396) was owed to The Worshipful Company of Scriveners by the Charity, which is included in creditors.
Eight Trustees (2024: 6 Trustees) gave donations in the period totalling to £2,340 (2024: £2,520). No restrictions applied to these donations.
Page 17