**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:
- Providing for the relief of hardship among Liverymen and Freemen of the Worshipful Company of Scriveners and their dependents;
- 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;
- The relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage;
- The advancement of culture and heritage in the trades and crafts associated with the Worshipful Company of Scriveners;
- To support the charitable work of the Lord Mayor of the City of London; and
- 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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP;
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- 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:
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- 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