Charity RIStratiOn No.. 1188231 THE WOOLMEN'S COMPANY CHARrrABLE INCORPORATED ORGANISATION TRusfEES' REPORT AND FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2022
THE WOOLMEN'S COMPANY CHARrrABLE INCORPORATED ORGANISATION coKrEKfs FOR THE YEAR ENDED 31 MARCH 2022 ReF*yi of the Trustees IndepaThJent Examin8f$ Repyxt Stat8meftt of Flnartial ktiv6t Balan Sha8t A¢¢wnUrwJ Pol¢les Not88 to the Finardal Siatemants 10-14 Page I
THE WOOLMEN'S COMPANY CHARrrABLE INCORPORATED ORGANISATION REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2022 The Trustees havo pleaswe in presentirwj their anwal rw and tholr Itnarthl Swements for the year erQd 31 March 2022. ObJ•ctlvè8 •nd Acllvlll•• The Obj8ctlv6s ol tha charty are to promote the wod irKIu5ty intwest In W1. wcd prolknts. th9gP farming, shearing. produclion. textikns arKI design, re5earth into aKpropriale velerlnary proGedures and praGtlces, ethKatlon felevant to the Indltsty and lo twomthe City ol LoThJon in gangral arKI tha Lwory movement In particular. The maln actiwltes urKlwtakan fv achth the oLlecbves are:. Continuing wtth arnl enhakKirwJ In Wool award, In pArtngrth wtth the Staple and the Campalgn for Wool. . Academ Achwemem awards to St18nts LMlng on c1$08 rdated to w)1 pro(Jct8 arKJ textiles, wool pr(vjIn or strw) lamiing. . Practlcal £hlevem8nt ayrdrds fry shé8p sh8aAtYJ com$ al malor agr[lIural shows held throughout tha UK. . Charltthe (lonatiorB lo org8nlsath)rn c<Jnn8et8d w6th Ihg Irthsty and thè City of London. Oihor charliabk8 wrposes which tho Trustees shall from tlme to tlme in their dlscretlon delermlne, . Fundralslng from members ol The Worshlthj C(xnpany of Wodmen arKI from events, such as the annual Sheep Drive and Lfvery Fair. The Tru8tO88 hava a p)Iky, which is comMated lo all bonthlath, ttot all award8 aThJ donatbn8 are made for a sot lime arKI thoro is no lurthor guarantee ol fundiro. When plannlrvj Such thnath)ns the Trustees have regard tg the Ch&thy Commb581on gulttance on pubk irft. Oetw18 of award5 and donallms thè year slKYan In th8 rx)tes to the aaunts. hlev•monts •nd P•rfvmwK• The Slat6menl ol Fnancial Adlvltkn 18 {1 on pagg 7 01 wxmts. The impact of the coronavirus parthmic has still ten f811 thring thi8 yaar. 7hith mary ¥rlr shows being P051poned for a second y8ar, hmver. The Great Yorkshire did go ahead. The Sheep Drw$ and Very Fair was hekj at the and of Septemtr 2021 and this was vary w8118LlPPOrtgd wtih 980 Fr88mon slgngd up to drprfe ¥ep and slals at The Livwy Fajr. The event marked Ihe Lwing of Wool We8k 2021 aThJ was a oreal success. Tho CIO has continupd the Ig hwtory of affilbations with the Bfilish Army aThY Royal Air For and In Oclober 20218 Royal Navy Affrfiation w&8 agT¢ed with HMS Raknyh a shore establishment which is the principal training unit lor all new arrtry recrults.The intonlion ts to wovido an annual prize to YectsJTise a high achi1ng recruit arKI to suprffl less well off Tlts. Page 2
THE WOOLMENE COIAPANY CHARrfABLE INCORPORATED ORGANISATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 Flnanclal R8¥lv aNI Ras8M& Pollev The levèl of unreslrtt&l Teservas as at 31 March 2021 18 £835,667 as comparoJ to £635,501 al 31 Marc 2020. Thls signrficant drfferenc81s to the Irease in value of the Ilsted Inve5trnents, whKh hawng been significandy irnpaed by the Cor¥IrLk5 pathmic In th8 preybus year have r8eovgred. The Trustees conslder a substantia part of thtr ueStr resoNg trarffjtsrred at 1 Ayl 2021 from the Woolmen's Charity to the CIO should te treate(J as tl11 were an (lM18nt furKI. the carlial of whlch sM)uld b8 mainlalned to w¢Jid8 ir¢omo and gains lor fulur• (aiitthe dorAtth and grants. Thlj wouhj 18ave unresirtthd lurKls for asbursemrt ana Ihe tnst088 arn eongthriw th8 b88t way to do this In order to make th8 MlmuM ImpBcL The Trustees have consldered the resoryes red. takkng Into a)t. thelr current aThJ future Ilablmiies, and conslder that the currèrnlevel of reserves18 8ulfKlenl to r88wnd lo 8RYicallons for grarrts and to onsure that suwrt and govfymance costs aro coverod. The IrQme that the Charty recerrfe3 In ary year Lx>me3 frryn ann1 donallons from LIVean. n81 proco&ls from evellt5 and Investment Inrne and galng. A surplus of £38,027 has arlsen durfvy the ar Twhlch Is largety to great of Th8 Sheep Drive and knvery Falr. Inv8Stments have mauitard their recovery from the paThJemic ¥th an iwoaso in both r8tum and valuallon. Th88e fa¢ttys combinedleave thts Charity in a Strong fnancial postion at the eThJ of the year wrth unrwl¢ted resgrv8s ol t929.0451 £&35,667 at 31 2021). InvlmOnt Pollcy The Iruslees have delegaled Investrnent management respK)nslbllty to tho Investrnerrt A4vl$ors and all Invèstments have been acquir&l In &cordarKe th th8 statutory ptywers availaLe lo the trustees. Irwestment rlsk Is manag&J by reqiiring ihè Investmerrt manajer to aknpt a dknfsW Invastrnenl 8trategy, the outcomo of which is monitorwj by th8 trustg9S. Structure, Gov•rnanco and On 1 Aprfl 2021 all assets, I1111]85 and furKts wore tran81[$ Irryn The Woolmen's Company Charitable TNst. registored charity numbèr 262211. Comparatives throL1)Ut relate to this charity. The Charitable ckn1glV0S remain Uharyed and tsre signifKant clww in th8 b8n8fklarbs. The Irusiees ot the pffjVi0 charfty are Th)w thg members of the CIO. The Wcdman's Company Charit0 Inrporatsd Oryani8alk>n Is feLlStorl with Charity Commi$8ion undgr number 1188231. tt is w¥eml ty a ConstIluin daied 2 January 2020. M&mbershl) of ihe Charty is q)en to any irn1p1i¢k wtrK> 15 wrronty a vthirwJ mernbor of th8 Court of the Worshipfvl Compary of Wooknen. The Master of the WotshiphA Compary of WTr)knen shall automali¢ly. by virtue of tw)kthThJ that office. be a charity truste8 for the torm of their offiGe. In addr11, re must t a mlnlmum of three and a maximum of six elected tnjslees. At every annuaj gen91 meetlng of tho monJer3 of cforlty onB INrd of elected tru3tees shall rffllre by rolalion, starting with tknè vtho have b88n knrwt In oifK. p?8
THE WOOLMEN'S COMPANY CHARrrABLE INCORPORATED ORGANISATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 IAARCH 2022 Charlty Commlsslon Ll•t¢d TriistM• Thè lolk)wing Truste88 havè hdd offieè th1oh¢Art tho >wr. The Rlght R8vererKI P F Hullah Reslaned 27 NovemLw 2022. Profe880r A J Barker J t)onovan CBE Fl E Haygs D A HopkiTr¥ Lt. Col. P G Lyn¢li A108rman Sir David Wootton R•gi•tsr•d Mdr 153 Leathwalte Road Lornknn SW116RW Bankèrn NatN)nal westm1ter Bank St Paufs anch Juxon House 98 St Paul's Churchyard Lon EC4M 8BU Inv••lrn•nl Advlaor Aallknn8 Inveslmont ManwJèment Umlted 8 Finstrry Circus LorKbn EC2M 7A2 Page 4
THE WOOLMEN'S COMPANY CHARrrABLE INCORPORATED ORGANISATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 T•100$. r•#pondblllll•• In r•l•llon to th• Iln•nolal •tst•monts The charity trustees are r@SnSIble for prepariNJ a Irustees, annual repjrt a1 finandal statements In a(wrdance Wi aFpllcable law and United 4fjngthJm Accounting Stsndarts. The law requires the charity trusteè5 to rKepare financid statemerts for each give a tru8 arky falr Mew of the stale ol affairs ol the Charity arKI of the IOrnIra rg8our¢es and application ol resources of the charity lor that porvjd. In preparirwj fInala1 statements, the truslees are ryilred to . Obse ihe methrKls and prlncws in the aFPcable Charities SORP. • make judgements and estimates ihat are reasonab aThJ prlent. • statè wwher applicablg accounttng standards have b88n follopd. subia¢t to any mat8rial departur8s dis¢b)s&J 6xplaid In the finaneiai statements. pr¢par8 the ftnanc4al 5talements on th8 goiw ncarn basls unloss11 is inapprats to pr8sumo that th& ehity I11 Lu)ntifi in knir8: The trustees ar9 r8swtslbkn ftjr ken9 proror accwnllna T0d9 that ¢Ss¢h)se with r88Eonabl8 aceur8cy at any tlme tho financial poslilon ot the charty. They are also resp)nsibl8 for 6af8guardlng the assats of the charlty and taklng reasonable Steps kn the pr8IQrtI aTrJ dethn ol fr&KJ and 011 ifregularlli8S. Th• Trustees dKlare that thay ha4fj aFwwJ tr TnJsto8s' Rowjrt atrxr4*. Sionad on b8hall ol th8 ChaiiV8 Trt Slr David Chair Dats . 20 Dgcgmb8r 2022. Page 5
THE WOOLMEPIS COMPANY CHARITABLE INCORPORATED ORGANISATION INDEPENDENT EXAMINER'S REpoKf TO THE TRUSTEES I report lo th8 Iru$l¢o3 on my examlnatbn of th8 alx)vo Charity I" the Tnk8t I for the ar end8J 31st March 2022. R•wn81blllUe• and ba818 ol rnport Ag the charitys irustees. are responsible for the weparatwm of the accounts In accordanco Wth the rth]UiTemgnts ot th& Charilie5 Act 2011 fft Acl ?. I report in res ot my oxamInat of thè T1V$ oTrts carld out urKl8r son 145 of the 2011 Act and in carrwNJ out my examination. I have folky all Iho aFflkatltr dlrtknns tyvon by the Charlty Comrnlsslon undef section 1451Sllb) ol th8 kt. Indop•nd•nt •xamln•r'• •t•t•ffl I have completed my examlnlon. I conflm) that no materW matter8 havo Como to my attentlon In nn0¢tIon with the examination which givtis m& Gau80 to b8llave Ihal In, any materfd respe. • Tha accounting rK¢yds ro ThJt kept In accorda wtth Sth 130 of tho Chath9 Act . or . The accounts dkl not a¢cerd the acc4)untiry rKryds,' or The accounts dhj not compty vrith tho aFplcable wslrements t>)rtemiTrJ the tom and content ol accounts set out in the Charltles Ikwnts arKI Rem) RegulaUtyi$ 2008 olh8r than any rUir?onI Ihal Ihe accounts gp a" and tair" view which is rh)t a malter o)nsid8red as part of an Independèrt examinatK)n. I have no concerns and hav8 cc¥ne across rn cthw mattern In CMnecIn vlth th8 examlnatlon to whlch attention 8houkl b8 drawn in th18 report in tyder to •nabl• a prr4)er ur#JertarK16ng ot th• acc¢unt8 to be reached. 8lqnAtur•: m•: au•lmcatlon: Denisti Bakh A.C.A 15 Totaster Road OkJ Slratford Mltton Keynes MK19 6AN Dat•: 20 Dember 2022 Page 6
THE WOOLMEN'S COMPANY CHARrrABLE INCORPORATED ORGANISATION STATEMEKf OF FINANCIAL ACTIVMES FOR THE YEAR ENDED 31 MARCH 2022 Ineomlng ra*ouru• Totsl Donatlons B8quests Income tax recoverable (Gift Investment and ifflerest Fundralslng (Sheep Drbve arnl Llvery Fair) SurKIry 37,892 5,000 8.575 13.335 14, 16.784 97.919 975 14, 16,784 97.919 07S Total 64.802 Ro•ovr¢M •wd•d Fundralslng ¢x)sts Academic achievement avrdrds Practlcal a¢hlgVgrnenl award8 Clty related awards General charfty dorHJons Mllltary Afflllallons Medals Guests at LNery functions Adminislration costs Independeni Examlnallon 68,130 68.130 11,250 2,084 11,275 2,250 16,800 11.275 9.500 6.149 2.368 2.929 325 23,198 1,716 1.716 2,360 25,572 1.560 25,572 Totsl 130 Net Incomelléxpendlturnl b810rn Inv08tment gaInw(k)u> ¥177 Not oaln8 on InvOSlmenls 55.351 $5,351 196,271 Net movemem In lund• 93378 {1050) 91 198.316 Reconclll•llon ol Funds Total Fund$ broLKJht fopward at t Awil 2021 835,667 76,036 911,703 713,387 Totsl Funds corrl•d forwerd at 31 Mav¢h 12 29,045 74 180 1.1X)3.231 911,703 Pago 7
ThÉ WOOLUEW8 eoupAliv CHARADLE INCORPORATED OAcAAigATIOM 8ALAKE SHEEf As AT 31 IAARCH 20ra 14N33 24.786 Cash •tt4rf4 114042 8lXI 114.n2 12 74.1e6 &8SM67 Dav
THE WOOLMEN'S COWIANY CHARrrABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMEiifs FOR THE YEAR ENDED 31 laARCH 2022 ACCOUNTING POUCIES Ba818 of Preparatl The88 account8 have baon prepared urKler tf hlstorth cosi conveniion wrth Items rwnised al o)st or Iransaction value unless othewse ststed in th8 relavani rh)tes lo these a(zounts. Th6 accourtts have b¢en prepared In accordarts Vlith Ihe Sla18mevrt of Recommenj Practicè . AceountiNJ and ReportirvJ by Charili8s preparÉr4J their aCnts in aox)rdance wtih ts Financia5 Rwb'TwJ StarKlaTd applicablè In UK and Republi¢ ol Ireland IFRS1021 and with tho chart1 Acl 2011. There have been no chaNJ¢s to aCcowl lMatOS in the r¢portlry porlod and no matorknl year error• hava boon idgntified. INCOMING RWJOURCES R•eagnltlon of Ineornlng v••our¢•• These we Incl in the Slaiernerrt of FInar0 Acti4ryb8s ISOFAI when.. 1. the charity bgc¢)mes entild lo the resouTC8S: 2. the Irustses are vlrtually certaln Ihey lll r1¥8 tho rwr¢o$; arKI 3. Iha monetary valu8 can be measu1 Thlth gufficiwrt rdw. Offsèttlng Ther8 has ba8n no offséttifwJ ol as80ts liatilili08, IrMe and expow. unkn8 rw4ulrnd or permlttgd by thg FRS 102 SORP. Grants and don•tlons Grants and donations are onty SOFA th8 has uncoTrltional gn11119ment lo tr rgsources. Tax r•¢lalm8 on don•tlon• glft• Gmt Aid recelvoblgls In Income wn there18 a vaThd thlarndon from Ihe doTh)r. Any Glft Akl amount recovered on a th)natN)n is Cons19r8d lo be part of that gfft arKI is treated as an a(klttk)n to th8 same fuTrJ a8 th8 initial donallon unless Ihg donor or ternis ot have spa¢itied othgrwBa. Inv?M• InMm• Thls Is Included In th8 accwnt$ rwJlo. Invmtmont galn• WHI 108fje• This includes any realised or unreaUJ or losses on th• salé of investrnonts ATrJ any galn or k)99 ra8uhlng from rwalulng invagtments lo market value at th? ol the year. EXPEM)ITURE AND LIABILMES Llablllty recognlllon Liabilities are rttognised ¥•here it 15 moTe11(y than not ttlat there Is a al or Coll$trLl oblvJation committing the eharity to pay wt resour and Ihe amwnt can bp ffl8asud Mth reasonabb certainty. Cr•dth)rn Th8 charity has CTethioTS t*hith arg measured a setllgThnl amounts bss ary trade dunts. Investments Investments quot on a rwnised stc¢k exchay are valued at marf(el valLJe at the spar end. Page 9
THE WOOLMEN'S COMPANY CHARrrABLE INCORPORATED ORGANISA710N NOTES TO ThE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31 MARCH 2022 Inve8lm•nt and In851 2022 UK Equftles aTrJ Unlt Tnt (Ivklè18 UK Fixed Interest Unit Trwt Ovorseas Equit Property ItOme (%¥Klond5 Bank interest 11.392 1.971 2.425 8.758 1,868 2.031 625 53 Acodemle Achl•bwmwrt Awards Wool •KI T•xtlkn• 2021 Wool for the FLrture Heriot Watt Unlvergty Lord Barnby Bursary Peter VaY Bursary Roger Flemlngton 8ur8ary Scottish AgrIcuVraI Coll•Je University of Hjdar3II9 Unlversrty of UrKdn Glasgow Unfvtrty uner$hY College Ot Arts Wool Inrat)n Prlze 100 Z3 850 700 700 700 750 700 700 1,500 700 2,300 850 750 1,000 PY•ctl¢al A¢hknv•m•nt Awath Wod •KI T•xUI•• 2022 2021 Great Yokkstrllre SIMMT Ruskln Mlll Twst. donaiion Siatts & BIIngharn 141wtture s 1.410 265 Clty Reknted ATMwd• 2022 LONI Mayof8 Mansion FI)9 Scholarsh WoodlaThJs Farm Trust Hackngy City Farm Spilafield Cty Ftsm Sherrtfs and Recordets FurKI Unried GulhJs Se9 A8F Big Curry Lunch Poultar3' Pancake Race City and Livery Garden of Rememance Broder8rs' Exhitxtson 5,000 500 3.000 500 500 175 210 190 500 11 9.500 Page 10
THE WOOLMEN'S COMPANY CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMEMfs FOR THE YEAR ENDED 31 MARCH 2022 Genernl Clwrlty Donatlon8 2021 ArcFysW Ten1s'S SchLw)I Ruskin Mill Twst The Gordon Fwndalx>n Thg Shivwsbury Drapers Bradlord Texts Soryety Huthjersfield Textib S( The Drapgrs. Comparry. Uvwy KItCh Inltialfve 2,0 2,000 1,000 200 150 100 149 Mllltary AftMII 20 The Queen's Yfr)manry Arniy Cadet Force Unlt 43 Cad9t Allxhment 131 InfvrKlent Commarxlo Squthn 273 1,175 1,Lh)O 1.368 Admlnl•trnllon 20 Investment management S8Nte chargo Satary and oncosts Book.keerA Tr3 arwj aw)unla Wèb8lt8 Bank charges SurKIry 2,968 15.600 14.628 4,781 838 498 763 96 179 Ll•t•d Inv••lm•nt• 2022 Market value at 1s1 Awd. 2021 Purchases at cost Disposals at carrying vu Movement In cash 832.368 41,508 135.0091 565.949 146,160 176,7951 783 636,097 833,148 Market value at 31 March 2022- IndlIng cash hekl £105612021 - £6,775) &32,368 Gain on raklOn 196271 In kjin to th• rol$1M•M ¢1 (fspo881 a furthor irwe8tment of £nil12021 £70,000> was male duri the yaar. Pag811
THE WOOLklEKS COMPANY CHARrrABLE INCORPORATED ORGANISAnON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 D•btor4 2022 2021 Ino)m8 Tax re(¥)verat4e on aKI Othor Debtors Pwpayments 14,399 8,222 209 16.355 14 10 Crldltors 2021 Owed to The Worshpful Compary of Wooknen rua18 110 11 •rg•r Dl•clo•uro On 1 Aprll 2021. 011 a8set8, Ilthlnl88 arnl lurth ot Tho Woolmen'$ Company Charilable Trusl realslered charlty numter 282211 trdn#f0rr1 Into Tho W0menS.& Chafltabla IncorporAted Organisalion. The charitable objeGtive• r9rnn uncharw the resuKs are wesentsd as Ihcwh Ihey had always lJ88n part ol Ihe same rgwrllng cfwlty. Al comparalw relale to The wlmen,$ Company Charttatde trust. 12 (a) Mov•rnnt In lund• th• cuff•nl r•portkng pwlod Balanc• In¢omlng Oulgolnp Inv••lmont B•lance IY1104m Resourc•s Ae8ource8 galn8 31103122 Restricled FU1$.. Jeremy Marshall Bursary Floger Fleminglon Bursary Peter Valpy MiUennKim Bursary Lord Barrty FuTrJ 80,873 7.297 60.873 6.597 1700) 17001 850 12.2501 3$0 74,186 76,036 400 Goneral FuTrJ3 835.867 168.622 {1S).5951 55,351 929.045 Totsl Funds 13 Page 12
THE WOOLMEWS COMPANY CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEklEKfs FOR THE YEAR ENDED 31 MARCH 2022 12 (bl PloVeMe In lunds duthi th• ryovknus wlod RestrfcMI FuThls.' 8alanca In¢omlng Outgolng Investm•nt Balftn¢o 01104rn) Re80ur¢u RoUre&S Galn• 31103r21 J818my Maishall Bursary Rogèr Flgmlngton Burgary Peter Valpy Millennm Bursary Lord Barrty Furxl 60.873 7,997 7.766 60.873 7,297 7,068 800 76,036 1700) (700) 750 {2.1501 300 300 General FUTh 635.501 64.502 160.607) 196,271 835.667 Total Fund8 13 R••trlcl•d Fund• J•r•nry M•r•h•ll 8urMry A donated in 1988 to sutp)rt >iMrth an irrtere8t In wool, currentty a bursary to an undergradlte stffjrvJ proieLts nnl& or rdated dvrfoio)ments at the Harpgr Adams Aglicullral cle08 in NeM)ort, Shropshire. Rog•r Flomlngton Bumry A £5.000 legacy in January 1995. Match by a furttrw £S.000 frtyn thè Natwosi Ch8ritalJe Trust, io prowd9 a medal and linan¢ial award to the Lwt fhw year trb)nours student in Ihe mafkeling area Y•ithin the BA {Horrf)ursl degree in Busin8S3 A<knlnistration IUl$e ai the Scottl8h Colege ot Texlllos In GaShiel5 (Herlot Watt Universrtyl. P•t•r Volpy Mllknnlum 8urwy An arpeal in 20CKJ raised the sum of £18.867 to a sllver rn[ afftl £500 pr&e for the ISt BA (Honours) student In lasfth (tslgn fAllh markgllThJ and manufactur8 al HLKklgrsli•ld University. Lord Barnby Fund Amounts are r8¢eived from Iho L(Kd Barr*Jy Fund on a rogar trAsls to provlde arF annual burnary for an emF4oyee or sludenl engag&J in the 7hwI lextt IluSty ano who has successtulty a¢hiev8d a degffje, dpkima or marHg8meffl c4Xf8a. Page 13
THE WOOLMEN'S COMPANY CHARrrABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31 MARCH 2022 14 Employo08 Thè avarage rnjmbgr of emplosw8 (krlng the ar was as lo11. 2022 2021 Admmtratk)n Staff comtyise of: 2021 Salary S¢xlal socurty costs porlOn costs defin$ ¢ontrknJllon schem• 14.011 196 421 1S 15 (a) TruJla• r•munwatknn •MI b•n•lllg Nono of the tr1908 have t)een pth any runeratI or expense8. or recelved any other b9nefits Irom the tharlty or a related anuty. IS (b) Trnn•a¢tlon• wllh rnl•t•d parll The IrLJStees of charfty arn algo members ofthg Court of The Worshipful Company ol Woolmgn, wllh whrh the charfty has a close asso¢iation. Durfng year £226012ff21 £3251 was pth by thg Clwlty to lh• Company tor gue8t8 8tterKlanc• at Lr¥ery funcb'ons. The foknving amounts w8r8 Tmtsj to ts C(%npary '. £15600 {2021 £nlll tor a s0ce tharge. £303512021 £2,9Sg ) for Invement ma8 dwgos. £n {2021 £14.6281 for em L¥)sts. The toU amount outslan(Iw at the >•ar wa¥ £110 (2Wd1 £808.) Page 14