2023-08-03-accounts

Charlty Rtg15tr*¢ioffj 212954 THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 AUGUST 2023

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trustee Mr. Simon Cundey Mr. Paul Freamn cfreasurer) Ms. Claire Mahon Ms. Diana Merniezan-Plaiona Miss Natasha Mokshanaj Mr. Patrick Murphy {President) Mr. Tajunder Phull Mr. Suresh Ramakrishnan Mr. William Skinncr Mr. David Wilkinson Secretary Miss Elizabeth P. Fox Charity Dujnber: 212954 PriDcipal address o Henry P(￿1¢ and Company (Savile Row) Limited 15 Savile Row London WIS 3PJ Auditor Barnes Roffe LLP Le)Qonstone House Leytonstone London EII IGA Bankers Coutts & Co 440 Strand London WC2R OQS Investmettt Manager Rathbone Investment Management Limituj 8 Finsbury Circus London EC2M 7AZ Page 2

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION CONTENTS Page Trustees, report Statements of Trustees. resrrt)nsibilities independent auditor's report Statement of financtal activities 10 Balance sheet Notcs to the Financial Statements 12-16 Page 3

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION TRUSTEES, REPORT FOR THE YEAR ENDKD 3 AUGUST 2023 The TtuStresFffc￿tthcirlc￿xl and fU￿l¢ll[ ftr the yeUett￿ 3 A￿8￿< 2023. stattments eomply with thc (aritys Koy81 Chartcr. the tharities AL 2011 2rAI 'Acc4MJlltiDg and Rqx)rtin8 by Financial Rewing SwKI8Td Jwlicable ￿the UK th Rryublicof I￿1￿MI IFRS 1021 {cffEdive l j￿Uary 2019}'. Objectivtj #nd dlvltleJ A thorter, daitd l2 August 1859. ￿t￿td Tr Bertvokn 1rt41ti￿ltiti Reliefof A8trJ Ittd IttfJnD JIKLTne)ryDa Tlilors Clhc In&iDJtion?. kn 2012. thc thituti￿ then &$ The TaikKs Be4hevoleni bL4ibrte".r￿IyCd loff to rdieve hwdthw. Thc Instswtion invitas 4rolÉtatiOAq from jotttrwrn thilors s￿1 thikJre3xs to help fiJDd the wlar pft)vision of welfw¢ Wi￿5. 'Ihe ap￿I￿lon$ e tevie%d wific U1￿118 whieh e set by the'ltitstr¢s. The Instituti so invites 0ppli￿)0r0 frDtn iTrdiVidu￿s r(gt#S to Wp fimd¥m•ff that llL4y be tv4ul￿j order to w(>mrt¢ th¢ mtsnbe To ￿h1CVe its obj¢alv¢&t￿ Instilulim rtlies n(Kmtltyon oppe4] forvolwiw the FÉ&iv%l Dinner, the SummtrPJrty and uK(Ancfm¢4)itsiitivÈqtshettts. IttvestsnetttsemitsrtwntrJtOKtho¥¢e uKrf)mewhiL#kY#thin8 these futyJ$ rf suffieicn¢ kv¢l ty ¢vverthB futsrtobl￿tstrtsOrtht thrity. Athlevernents 8nd perfoTThThft A.5 in prior yes. the Itl￿11111]￿ vteeiv¢d tht m•iNity of its inoThe from its wrtfolKI. ￿ther Suc(￿rUI year. Tr In81iiuliiw held aF¢aivd Ditllvsr¥i s￿rner P•rty in th¢ y¢aT followin8v￿1 y¢wy rf1SK vernment in ¥ry)nn¢c¢ion the ￿￿)￿ pthic. Both events w(vAld have pla￿ With￿ the suppM of Six stewarts wljo Vol￿teCTed theirtime effthts for￿11l the [￿lti￿10￿ il 8rteful. With Brt overnll Sm￿] sJrpbJ5 bt4n8 rE¢wis￿ ID th¢ ye. the Inittrtion ts) gMtinu¢ to give 10 its br￿fiG111]¢$. PNbll¢ B¢ll¢f# The Truste¢s ￿￿¢ pid to 8uith¢e publisw by the Cknity C(#M)issi￿ in deciding #ivitits ¢he Instytytsrn thoubj as rewiYtrJ by %ction 17 ofthe ajwities Aa 2011. F￿ndS It is the policy of the to mwntain fimds * a l¢vel to IT￿￿¢ from ¢vents betd ID the ye d thvesllmnts will covu thed¢M￿d forgrant& Th￿¢ arc no rutrid¢d fijth. In the q)inion ofth¢ TnLW the level Offi￿ i8Approprie th mea these ne•4ith iDcfjme being fully utijited ye4r¢xLye¥ fff rtharIt￿k (&iediv¢& Th¢ i¢v¢J of fi￿5 is r¢vicMrd tyl an •mual t45i%. Th¢ unK%tr¢d¢d AupLrf 2023 £4￿25.607￿2022.. £4.385232). Fln#tll review loth the level of busintss thi yewwl Wf¥E • uEx4t4L The Initidim rdwnul ¢0 its level of Lvities in ¢k rm￿¢1￿7 yw{x¢ xCtion-ImpxoflM>VLYDtDeD¢rc¥trid￿w]Sing fr￿n the lat¢otpJ(kmi¢"klm¥}. Tr totsl incomitig raw¢es forthe year. bef¢)r¢ forna on inv1¥m￿t& wnLxJnwJ w £167,1691202L. I(KU5RI and lotsl net out8oing￿oW￿ aThJ ￿rat1(￿al cXp￿￿ wtrc£141.05112022.. £123.3381. Ikning th¢ y¢8r the charity h8 providtsj 8raftts of E40.715 {2022.. f44.650I 10 14 ThyiD8kncfi¢iari¢s12022.. l? t￿eficiar1e8} o md th¢ eligibility ￿￿tell8 alld TrnefKi￿eS M 8 (me-off bLsis12022". nill. Aflu net On illVCStments of £21425712022.. lo￿or£I62$31. Inrt ittttt&%¢ ith fiJtvtsof£240.37512022." sku¢&of£39333l*%solAJintyJrt￿l17TrI in inLMt&8e of 8etml fuTrJs w £4,625,6Q7 (X)22: d¢qr&5e w £4.385232). Page 4

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 3 AUGUST 2023 Jmpxrt •( GoYerTrTheTrt rutrlctSoDS rlsl¥ frow the latest pndemle The gl(A>ai q￿titstlVe c￿n8 PTOWL8 in 2020 and 2021 kn CtyJfLts¥ the of th¢ pmduntc SLwf1¢an￿Y enhanccd th¢ valu¢ofthv bLdillJtiaD'S iDvtslrn¢DL% itt 2021. As ￿tiCIpa￿lI ths SiDtsiOll p￿Ill]lyWiW0Und ill 2022. Th¢ Tis relating to the lllvestrt￿t wrtfolio ar the (xjty styJific•nl risks ts) thc Imtitutiorl. Whilst the Inllttyli(Xk ILad ty w¢¢1 the Feivl DillDcr ID 2021 it IA)th the F¢￿iV￿ DinTXY 8trJ SutDnw Pwty in Strn¢tyre gOVernlltt and mng¢m¢Trt The trust¢￿ awaTCofd￿Mtii￿ststegIC1￿JI￿Ua￿￿8I lis￿ w4ith the cbwity f￿¥jc0llfirnthO1￿CBUIar arc prrylu(%d hy the mana8er in order r(¢ neLW ps less￿ thes¢ risb. The investmtht tQ8mw repons w the llLit￿l0￿'s wmnuuee tht{￿ meiain&8. The t￿r0]Iv 15 wun a disL¥diotwy b95i5 thc Lxm)mittee re¥￿ tl inV¢&Mrm￿ inCj￿JI￿ wuisiti￿ thstKth by tr investsnuiL al 'rrugtets ￿ d¢ded at Aftllu￿ C%n¢ral Mething yew. New Iru#tu h•ve a Iwfiu# on their roles thd Y￿pDnS]1 >ilttie5 from nOmit￿￿1￿Crnb¢1S of th¢Trustee%. Trusttta 'lThe Tn￿e¢S wh)xrved thJm8the yetrknd ¥ toth¢d* ofii8Dty¢ ofthE fin¥Ki￿ wtT¢: Mr. sI￿n Cw¥ky Mr. Paul l.rt4rson n'rtt%urrrl Cl8irt M4hon {wpourt¢d 2 Novembty 2013) MJ. l)iana M¢mi¢ian-Plathna (wintrd 2 Novembtt2023} Mi85 Naisshu Moksh8n4j Mr. Patrick Murphy (Presidcntl Mr. Tajuryjer Phujl lappothitd 2 No￿nber 2023) Mr. Sur¢sh R￿na￿l￿nan Mr William Skinner Miss Emily 16 Jwje 2023) Mr. Dftvid WilkikL¥ P. Murphy (Prtsidellt) Trnstee Dated: Page 5

THE BESPOKE TAILORS, BEIYEVOLENT ASSOCIATION STATEMENT OF TRUSTEES, RESPONSIBILTfiES FOR THE YEAR ENDED 3 AUGUST 2023 Th¢ Tftute¢$ are responsibl¢ for [￿e1)Bring th¢ Tr￿SteE5. Rewrt and the fJnan¢É815tat¢m¢nts in acwrdance with applicable law and United Kingth)m A¢c(￿ni1￿8 Standards (United King(knn Ge4Jerally AcccptLxI Accounting Pra¢tic¢). Th¢ IAW 4)plicable to charities in F￿Sland and wal￿ requ￿ts the Trustee5 lo prepare financiaj statm¢nts for fingn¢ial ye4r which 8ive a true and fair vicw of the State of affaiT5 of the Instithtion 8nd of the in¢oming resources and appli¢￿10￿ of re5)ut￿ orthe Institillion for that ycar. In prewdrin8 these firw)cia] 5tstCmCn￿ the are rquired kn". - s¢l¢ct suitable accountiTh8 tnlicie5 and then apply thcm ￿1￿C￿lIy# - observ¢ the metlmth and principlts in the Charitie5 SORP. . make jud8¢ments and e#im8tcs that are reawtthle and Exuthnl - state whdher applit￿le accounting 5tsn(lards have been followtsl wbjeA ￿ any rngri81 d¢pgrtsLreJ disclosed and explaincd in the fiTthnciaJ al¢m¢n￿ - prepare the finat)¢iaJ stam¢ntson th¢80in8 basis un1¢5S it is inappropria to presume that the charity will continuc in ormlion. 'rhc'l rUStc￿ krc resp)nsible for keeping suffi¢ien¢ ac4)unting recJ)rdsth&tdiseloscwith r(*sonable &ecuracy at afty iimc the finan¢i8J wjsition of th¢ InstÈtuti(yn and NJabl¢ them lo en$￿￿ that the finat)cial staiemen Comply with the Charities Act 201 l. the Charity (Accountsand RerKJrL81 Rt8ul8tions 2(M18 and th¢ pn)visions ofthc tru8t dcryl. "Ihey sre dso responsible safc8uardin8the ￿￿of the Instity¢ion and knc¢ for ¢aking re&wnabl¢ Yeps for the pr¢vention ar￿ dete£tion of fraud and other irr¢8ulariti&8. Page 6

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION INDEPENDENT AUDITOR'S REPORT TO THE BOARD OF MANAGEMENT OF THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION OpffioloD We bave audikd th¢ r￿jai statcmenls (bf The Ik4N)kt Tailo￿. Ba￿vole￿L ￿￿Jation lthc (]wityl the ye ded 3 Augw4 2023 Mbi¢h COmPTiSe the stztwcnt of fin￿(4a1 ¥t[vili￿ Ik b￿ar￿ shed a￿1 tk rdated includillg 4sumwy of51￿lfIl￿￿t ac(ounting rdioes. Thv fu1￿ciAL T¢rthiD8 fra1￿￿tr￿ Lbathasttto appli￿ ￿ th¢iT ]xEpAralion is applic￿￿ law Untt¢d A¢ciAmtit¥ in¢h]diDg Ststmiard 102 l)¢ Fin￿￿8] Rep￿￿1& Stsndard rop11￿ble in the UK aThi Repthlic of IT¢1•￿, (u￿l￿Xi Kin8dom CneTally Ac Accounun8 PYadi¢e}. IuouT opinioT4 the f￿￿81 sttmenls'. give 8t￿ fairview of sime of affairs &8 & 3 A￿a￿l2023 ofits th(￿]n8￿s￿r[5 nd aFPliC￿on OfTe%m￿ iDc1W]￿ its ¢￿￿￿j1￿Jrt fortt yearth¢n ethj: have FÉ¢n ofthe awiiies ALX 2011. B￿15 for oplnlon We ¢<ffiducttxI our audi¢ in rrt<(thce ith st￿ IUKI (ISA$ (UK}l )d •EplTr¢able I￿. Our r¢spoTh%ibiliiies tkn¢ styndwds gr¢ fillther Audilots r¢5WmStbililie5 for th¢ Judit of the rman¢ia] stsicmcttL8 yeLtonof(w reprrft. We e irKkr•¥J¢ni of ￿ Charity in ￿)rdanCe with thc Lhical n¥uiYemcnis that fjrc rel￿1￿1 ts) our th](lit of thc stcnKnts in the Unitrd Kin8d(w. incl￿]1￿￿ the FinW)¢1￿ Retthin8 Council's Ethic￿ st8N1￿ ¥J ￿ have Mfilknl ￿O•J￿re￿.¢4I rt4mm￿1bili￿¢5 in requirem￿ts. We beli¢v¢ thc a￿111 evid￿ w¢ h•ve i$suffi¢ithi aFvrwi&e to provid¢ 4buis fcf (￿rI1)In1￿. concl￿510￿5 reltlttg to going concern In audiiiti8 the financial stat¢nw we have that tht Tn4¥ ￿ of the goi￿¢%￿￿¥> bwof acco￿ti￿8 in prcpiTin8 of the fin%cittl statemenL4 is aPPf(yith. on the have perknmtyl MEhave i&tifi¢d thly moter1￿ r¢latin8 to C￿l￿￿￿￿11¢10n¥ that. individuFIIy OT collectively. ¢￿1 Si￿lf1¢￿t ththi on th¢ awity's ￿lIlty to conlinue u a for od of M leasttwelve m(ths fr(￿ the Stem￿￿9￿ •ulKKid f￿ isgje. responsibibti¢s •nd thi TV5F#JnbÉliw of TTu8tegs with res￿4 kn ￿1￿& cifflc£rn xe ¢kn11￿ in the relevant dions ofthis rery>rt. Otb¢r InformAtknD The other infomiaiioti cotllpri￿ the ￿fuMa11￿ inth(kxi in the Te￿1 ots the finantial ¥tsl¢ments and our Audi￿¥ re￿rt Iherefm. The TnLSW are TtSKth￿lbk forth¢othw c￿thn¢d within the Annual TrF￿rt. (h]ropinion on Ihe finanLaal sWern￿ts dc¢$￿ covet I￿otherin[o￿a1￿ ￿eX&￿Vtts5theeK￿1 ￿pIt¢ll1Y Bled in (wr reFrf ￿ th) ￿tAp[￿S pjjy of (kn r¢sp(￿l￿1]ity is to rr•J the oth¢r infoTm&im doirg w, wnsithr ¢Ahrs infom￿￿>￿ ts thtyialiy iwMsi8Dt with th¢ fin￿£La1 tments or ￿]rk￿wIt￿8¢ O￿lne1 in the ￿ ofthe Orothcrw￿ to misth¢o1. Tfwe nyc to a n)rtui•l mi￿•1¢￿1¢￿t ul thr kn¢iaL thcn¥lva4. Ir. b&J M the h4ve trfDtmaL w¢ iude that thwe is a mi4tstemcTrl ofthi4 ithr Tequuvj ¢0 T￿￿ that f4 Mtt¢rs o• which we Ire rtq¥lr¢d t• report by exteptlo Wc have nothu)8 b) fLWrt in Ye4d of the followiD8 mthts the CTh*ities IAc<xxmts •ThJ Rwrt81 Re8u]ations 2008 rew1￿ repkrttoyw if. in (wq)iniffi'. the fin￿CIal thntnts aren￿ iti aB￿a￿ll1 with ( Page 7

THE BESPOKE TAtLORS' BEIYEVOLENT ASSOCIATION INDEPENDENT AUDITOR'S REPORT TO THE BOARD OF MANAGEMENT OF THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION (CONTINUED) Ripottslbllltles of Trusttts Asexplaina mort ffijjly in the TLWtee'sT¢sP)￿i￿"lltIg$#•t￿rf theTnthu areresrrtx￿1bIe fwlhpryyatithof the financial siatemwts frybeingthisfied Ih&llkyBivealrue fairview. forth IDLern￿ ￿th¢TruSter￿ due to fr•yJ ￿t￿)r. Inpreparing the 5taettKnts.theTnL4euxrwAxtslt ylef(xwtheChaTity'S ability toa>nlinuea%agoin )nccrn. disclosin& a5 yljcabie. ttLqtteTS relknl to goitig and thc gomg LX)ncern of w)unting Auditor's rupous¥blMtl¢s ftsr th¢ udl¢ of Ihe flnntll slt¢mwts We have been witLtryJ as u¥Jitor uth sedi(xJ 144 of the ch&￿¢$ Ad 201 l •KI ID with the A d relevant r¢wlation4 rnde orhavi1￿ ctft¢t thernjth. Ou¥objec¢ivcswc toobtsnj rwonable &tyJrnict a￿￿￿￿tAh¢rthe fi[￿￿1&1 ststtlh￿￿l awIK)ie•ttfit¢ frommatui mi8stslcmtthL whcth¢T to fr•MI or em)r. to i8sue att AUdI￿S rt¥￿ our opinion. Rcwnable awwane¢ i8 abl￿ l¢v¢l ofLsurancc. is tLOt a 8UErnJtee that an ￿￿1]1 L¥)tMtULknJ in XCOTdancc Mryth ISAS IUKI will rnatcrial if. individu￿lY or ul tht they ctyjjd ￿&￿t￿blY ￿ eXP￿#¢d th influ&Ke thtt ¢L¥M￿niC (kciyions of ITreBulllrilie5, in¢luding fra￿J. are insmce5 ofw-¢(fflpliantt ￿ryth •d fegulati(ffi3. We (￿st￿pY(w￿ IA line with our rewnsibililiffj wilincd knvq w da¢cl misslunuJts in rc5F<a of srTt8ulariii&s. in¢ludith8 froud. 'n￿ cxtcni 10 whith our rKoctyJurts are capabk of (k¢t¢tin8 irTe8ularitie& is thwled Ix]ow'. IdeDtlfyln¢ nd aw&sing po¢¢nt41 ttsks relted to Irrryulrltles In idcniifyin8 and ssesyin8 risks of meriDI mi&stalcmtnl in respca ofirryJ]tirititsl Lx$i¢J¥rdd followtw". ruults of owemwiwiuof m￿•14￿11￿lrt th¢iroThTr of the of iTreguL4n'ties: y motter5 idthiifitsl havm8 mwkthquiries of b)ut thew rA)licies tt1￿1￿8 to.. of rMJn-wliarKe: illeBed frou4' the intunal wn¢rol$ ¢5tsblisha ty) mi4ig riths of frT4wJ ornmwJpliJnr¢ with la￿7 T¢8ul&￿5,. and the mDtters disojsgtyj am(th8 the wdii efigagem&it regdiM8 how might (bcou in th¢ rinancial 5tatC[t￿ rKAeniia] itidicatths offrnyj. All Televsni ]ws and regulat1￿￿1dt41llr￿d aTrJ arcR5•bkw fr￿￿th*(￿ldhoY¢ am&uial effe¢tonthe financial

4Lanents were iommunica¢&J. Any InSthn￿ of DLYj<ompliwh￿ of ￿(￿-¢0mplI*)tr with laws 8TrJ Ye8ulations

UK TrIiS 102" Charitie5 Act 2011 Cmipletion of dis¢knthckli* to ide￿Ify zr&4ofTK￿￿¥rnpI1aKt Reven1￿￿8￿LIioti. Gmts paythle. Page 8

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION INDEPENDENT AUDITOR'S REPORT TO THE BOARD OF MANAGEMENT OF THE BESPOKE TAIIK)RS' BENEVOLENT ASSOCIATION (CONTINUED) Auth"t pro¢•Jtw&8 iti re4￿Se to thc i(knitfied a￿.. puforll1i￿ wty.cai prr&¢dwes •bJ ￿k￿live to ithiify any wusuBI or ￿at￿nd)IpS th may indir th of matuial miS5t[t￿ldYe w fratyL" tries and oth¢r wJiusl￿ts". &sse&sing judgthnents in making ara)untin8 ¢Yim are iNIic4tive ora rrfjtrntial bi¥: 4nd evdualin8 th¢ bj8in￿ ￿￿ODa1¢ of •¥y signifiti trwKIi￿ th8L t W￿lSU•l OT ￿Jtsith the n(bJtD41 wurse of buwn¢ss. We ftlsA>¢omMuD￿aI￿ relev￿1 Ki¢ntifK4 bfftWs￿d rrgUI&w)￿aThj p)MiaE fr￿d eo888&lleni&mmemb￿S 4nd r¢main¢d alert ￿￿1¢￿]¢￿S off1￿ tr Th)D4)mpli￿£t regulations throutht thc wdiL A futthtrdLwiOio) ofojrresrthsibilitim forthe wdiiof tk finmcilll stemth)ts i% lor￿1 on the Fthcil RyrtThl8 Us¢ of o¥r report 'lkni% Tew>rt is tnade to th¢ Cbty's TnLa¢rf ill with 4 of thc awitxs {Arrffjwi¢s Rep￿ts) RcguLqtions 2008. Ourwditwrffk hL8 trthurthIak￿5Othli mights￿ty Ch￿ty malt¢rs ￿￿areTt0￿1tej to ytslc to them th an Audits)es rwrt r(tsD To fulkn¢¢xl¢nl F￿]it￿ by I￿, do nrt accept vraywne w)wl)ility to anyaje othtrthJ the ChNiy ￿rth￿re￿ thE OPiniCW hAV¢ Rolft LLP (Jtartcrfd ACCO￿tants Sttttul(xy Awlilor iLY￿stOr¢ Ilouse EII IOA 3•ls)L. Barne8 Roffe Ll.P 15 eligibte f¢y ￿p[￿In￿l￿n¢ of th¢ btstitukn by vir* ofits ¢li8LI)iliiy 4￿M)InIment audilorof a LX)mpsny undrxofs¢aion 1212 of the Aa 2￿6. Page 9

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 3 AUCUST 2023 Unrestricted Fu 2023 2022 Notes tncome Donations a￿1 le￿ie5 FLwxlr&isirg aclivities I￿On from investmerts 17.212 52.851 7.856 16.460 Total 167,169 11)0,258 EX￿￿litur¢ on: Ffftlraisitw activities m￿ge￿￿nI of investnnts aThl se¢r¢larial Grat 46.465 53.871 18.098 60.590 44.650 Total 141051 123 338 Result before Net Gains on Inves¢n%rts Net Gal￿8/ (IxJsse5) on Investh Net Mov¢nnt Funth 26.118 214257 (23.080) 240J75 (39J33) 4 385 232 4 424 565 Totsl FurKls bro￿ forward Totsl urried forninl The statcrncni orringn¢ial activities ineludes all yins and IOM reCo￿LIed in the )car. All inwme 8nd exkMdityr¢ tsiv¢ fmm continuÉng 8etiviti 4 625 607 32 Page 10

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION BALANCE SHEET AS AT 3 AUGUST 2023 2023 2022 Notes ASSETS xed Assets InvestnrrtS 12 4,616.602 4,397.476 Curren¢ A￿ets Debtors Cash at bank in haThl 13 IlJ40 1.540 51.797 26.554 Creditors.. falli￿ within orr )rar Net Curr¢Trt Assets 14 Trfol Asjets le&8 CwTen¢ Lknbllltles 4 625 607 8S 32 COMF. FUNDS Urr¢strithd F 4 625 607 4 385 232 85 The financial statements were apprnved by the Tnjstees on .. ... .. P*trlek Mwrphy. Ew. (PMideDI) Trustee Pagell

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 AUGUST 2023 ALYountill8 politim 1.1 ChArity SifonNI The Bewe T8iJ(ws' Benevolent Aswifjliw is a reBÈcrcd t￿￿ th d>j¢iaivcs are to reliev4 geJkTally or ubyividually. rrtr$Or￿ orhave b¢a) journ¢iww twlors OT tsilor¢w. Th¢ Tr￿knd offitr is ¢10 Henry Poole ttsj coM￿Y ISa¥ile Rowl limityL 15 S4vik Row. WIS 3PJ. 12 AteOUllli•$ ¢oJv¢Aty• The fil￿¢1￿ aamtnts have F￿p￿j illL¥)Tthtt withthe dthl1ty￿ Royal Ch￿tr, tl thorities Act 2011 al￿.A¢Countin8 aThJ RyrtiD8by a￿lticS.. Staternertof Pr&dice appIl￿bItto￿jariIies ryeparin8 their accordats(t with th¢ Fi￿￿￿[ R¢FthiD8 iD Ib¢ UK ond R4ublic of Ireland {FTrS 1021 leffediwe l JanU￿Y 2019)" 'Thc d￿"ty isa PuNic B¢ncfii Ixttity &5 dcfincd by Triis 102. Th¢ 1Trstitrtion hal taken ￿VA￿￿8e oftr pmvisiorts in the SORP ￿p[e[￿e a St8wnent of c￿ Fk)￿. The h4v¢ thc (Jwiti45 {ALux￿￿ Rcwts) Rc8ul•t¥)Ds 2(MIS 4)nly to the exitnl rtyuired to aDd hir Yicw. fbis deptsu¢ involvtyj followryng the Statrmtllt of Re¢ommcThJed Prnthcc for charities apply￿￿ FRS 102 rts the versth of the StatheAJi of Kea>mmen vthith Is Teferr¢d RcguLqtxw twl whkth ha5 Wthdrn￿. Th¢ fitL¥￿Id #e tn swlll￿ 15 th¢ffiJnLaKwl QllTf¥b¢yofthe d￿ty. amounty The fin•nC￿l stwtrMe￿ts have betn pr4rtl unthr the hist(iu] cost ¢thV￿li¢)fi. nKwlifitsl to in¢14th fina￿1￿ flir value. The WtilL?pl xl)￿tin8 ￿licIeS thAtyJ ttyJi btlow. IJ GolD% co•ctrn Owng to the high lcvcl of Try¢S low t¢vel of •DrA]al exp#¥JittJr< th¢ Tn￿¢¢$ a r¢w1KthieexkXLxati￿ thatthe lnylwiionhas￿Y4t¢r￿Wr￿ ￿)￿￿tinue ujopuation forthc foTExeabl¢ futurE. IA Charllblt had lJnrcgtho¢d fimds r avith ftr 4¢ th digoetth of the Boyd of tItsth￿ of their chariiabk obje¢¢1￿. IJ In¢otllinK rtxour¢ tncome rwivd kn tht is lrydly ￿tilled to li puf￿￿￿Ce &)diiifm kne m the amounts b¢ relid)ly, it ispr￿bItthat inLn will Ttt%iVtA. Cash donations W¢T¢¢O8nis¢d oTrrtteipL (hhCrd(x￿1￿s aTf wisedonce the d￿ltyh￿l• ￿tif￿4 of the donation, unlr3J ptrfttmJct L%Jndrtth4 of the n(JllL t&ry Tecovtrablt in trJ•titin to don￿10n3 rectived Gift Aid ordets is ftrXPBrtistsl athe ttine of theknst￿. Int¢re on futrjs held on dqxk8ii recows•J w ThAificatson of thc intr4rst or wrJ)k by the DIVId￿d$ Teco8wsed On￿ the th"vi¢knd ha5 Et¢n d¢dwa rbifi¢atirm has T¢¢eiv•J ofthe dividend d￿. Ttus is n(￿￿￿]Y UNWJ ￿tifiL1￿ by ￿ri￿ve5￿￿1 &lvisorof thed1vldt￿d Y￿]do[the invests￿1Wrf0)1ts. Page 12

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 AUGUST 2023 (CONTINUED) A4xounb•g p•li¢iu {eOlkth•td) I￿ Rewurees txpeDdtd Liknilitirj we TecogDised&%eXpyJditt¥￿ t￿￿the￿¢ is a IWJ OT ¢￿￿n￿liVe oNi8atm [￿lti#L0n to thateXF￿d1IV￿ li tspmbHblethat 8¢tt]ernethwillbc requIr￿atb1 the I￿10￿l￿(the￿Trl7gsti0￿ bcmM4urtd reii#bly. aye o]lotatrd ¢0 thc cjjaritsbltadtvrty in the swancntof &aiviliu. The costsofllEaL¥8iD8 fvnd5 aTe in mgiD8 thr Irtstt"bJi•)n's investtnffjt ￿￿(0110. Grants ￿Yab[C r pa3Tr¢nts mk kn third pmties th the Dfthe th￿l￿bk abw ofthe InstitytKYJ. Pmvisi¢)ns for8rnts arr thc to mak¢ th¢ hasbeo fQWTDunicknA lo the rttipient wior to thc balance S￿(da¢ the tim￿orpHytt￿ is lthdy w be ytar￿￿ wheth¢T futsw¢ In#aIrr￿ts￿ll PAWL IK)vcrnance cfx<8 Q)ti4Jmt &ll i￿￿1Vin￿ th¢ wbii¢&xY¥wtsbility of the its C•TWiwLce with r¢8ul41ion 8wJ Jrrewver8bl¢ VA'f 15 chu￿1 ayiJath¢ ￿ l•Jin8 li w&¥ 1.7 C.'4s La%h includu m(oies held th¢ IDitirthrn'8bw FIMnti•l iwtrumtoll Tho In5titult(m hLS el¢¢td ¢0 Wy the rmvisirffjs Dr Sethi(m I I 'B￿l¢ Finan¢id Sethon 12 '(Mhty Finalliial ofFRS 102 ty all ofits Fin4n¢iai assets liabiltb&s arc o(frt ltyith th¢ in thr there 1$ a ￿&allY ￿r￿(e￿Ie ri8hi 10 Sd otTthe reo)BnistsJ there is ￿ irtntion to Bettle M A v¢ bnsi5 ￿ to re￿ise the &qset g¢tti¢ the li&bility $i[wIt￿tr•jSty. B&8ic finwKilll ay¢ts whith incl￿ debtory and bankt•1￿ •? irtttially pri includÈn8 tr￿￿(lon (¥ts sutwthtty ¢wried a( the efftcts'v¢ mtU¢51 method. FIn￿CIal L89ets cltss1r￿ w Teceiv¥bkwithin on¢ycware •n{rti￿. Investtnents are a fotm of ￿1¢ fin￿1￿ ujstrwncni e intknalty r¢W￿Ls•j 8t thar irnnwiion v&luc knd gjbwuentty n￿￿Ted at their fwr Y￿ve as al th¢ baiKe slct d4 usin8 the do$￿8 9￿ted math price. Th¢ the y¢. In5ti1ution dK% a(wire PLt otKuderiV￿1s trithYwDplex firI￿Li￿ irkn¢nts. 1.10 BJic fiD•a¢il liabilitiej ￿￿1¢ fin￿¢1￿] li8￿"17t]e4 ¢rtyJkn llrc Init￿lY at wtre unless thp rye[￿( (xmSti¢Ut￿ a fJnanctll8 trwL5￿￿1{K4 llj5trnmeni igmwwwj at the[Ke￿ly81￿ of ￿ futurer{￿lp13 dis(x)uniwJ at a Tn&Tkct rste OliD￿ k-th8tKiai I￿11111&￿ cla&sifd & pyable wthiti wtpJwrtis¢d. {.riti￿1 aryOMDting ¢Jlimtt5 And jud%tm¢Dts and &wJnptions thccwwng ￿￿￿nIOr &ss¢ts and l¢abililitt%that [K￿ re•aily ware4Lt fiY)mdberwr¢¢& to be r￿]Its may differ ft¥)m Th¢ estimt8 and •iorts v on ￿gOIng bsis. to xwjnting osttma8 ate rewus¢d in the wi(¥J wbich the ￿tim￿e i4 re¥id what the [evi￿(M affe¢ts only th&t peri(ML OT in thc od of the reviffi p¢ri(KIS￿te th reV￿J￿nAff¢4s vjfrtmatbj fubJtE PEi(xi5. The TnE4£esdorrf)ibelieve theret0kWJ￿trejIbknthat￿Y￿Idk0￿Stdu?dLy[t1c￿1tothc fman¢i Page 13

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION NOTES TO THE FTNANCIAL STATEMENTS FOR THE YEAR ENDED 3 AUGUST 2023 (COIYTll¥UED) DO￿tIo￿A￿d kp¢i¢¥ lio¥tJiMt¢d Tr¥wd8 2023 2022 3.056 17312 756 11￿1¥d￿j within 8ifis ID kiwj is Ek ￿ of the Mtht Tayw H&ll frum Merdwrt I'aylors, Ca￿r￿8 ￿d. Thi5 would have ￿ a market valuc of £&IKK)12022.. £nill fort1 F&ival Ditmcr tyl O.6(X)12022.. £4NrfI) for the Surn￿￿T Party. Thi8 h&8 in¢bJtsJ wthin dired MrIf￿¢tX￿￿C& ￿￿t17t1¢d Funds 2023 2022 Fes¢wal IW8 144 52,851 16.460 Th¢ rrgJJ¢ Feivd Dinner a wbjs of£12,7(￿) iDclwthe ¢5)￿1(￿ of £6.(￿ forthe uye of the Merchant Tayknr'i Hll {see Note 11. The resuli ndof the of the hall 4 sU￿lUS of £6.760 Ixe Notc 61. The net Twll for th¢ Swnm¢r P•ty of£3.22612022.. U.162) Inch￿Ill8 the of £4.8￿ r the w¢ ofthe mer￿￿1.[￿y1or'3 H￿1 (see N(rte 3). The resuh ndof theuse ofthe hdl wasi d¢ficit of £37412022: £1.6381 Ise¢ NO￿ 61 IlnrE$tri¢t¢d FuDdll 2023 2022 64fi76 I￿tres( rt¢eib•bk. £141 12021. £4) I￿￿1¢$eM 97.106 75,942 F¥•driiiDZ i¢eivil&-txptdknr¢ 2023 2022 FestNgJ Dr￿T Party 29313 1fi652 i& 46,465 18,098 Page 14

THE BESPOKE TAILORS, BENEVOLE￿[ ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 AUGUST 2023 (CONTll¥UED) M￿lE¢Mat of knvtstmtmt And JetyttMI- txwdit¥r¢ UDr¢$tritthd Fund 2023 1022 Invests￿rt I￿￿nI￿ f¢e8 {ac¢nMk Aud¢. ¢wret Jtllr rcxr )rar C(¥L4ulatKy 31412 31ffi82 20.91U {3.075) 120 618 212 420 35 35 53,871 Audit LY￿ts F4iLY yew •Jillsttt￿ fwx(¥¥alsof¥Jiifeu ￿￿￿￿h18￿ror lowwth•th the final cfjsL Amounts lo S￿itOrS f￿ wdtyo8$¢ryi￿5 ¢ots]]ed £10.120 (2022.. £17M35). Gr¥nts ￿ld lo bto¢a¢irks 61.590 [IMft51ricted Fwid$ 2•23 2022 37,450 44h50 CMNts to b¢vlclth¢s 40,715 44.6.10 All 8mts ptiMI in & yew h&ve belts m•& dÉte4Xty to Trdiv¥thJds to &Yovith ruw￿1•1 suA*)rt dwin8 p¢riod¥ or haTd8hip. Try¥t¢¢ NorteofUxTTwlees lor8oypets(waYmea&l with th￿ll) rtt¢iv•J thirin8thBye4Y. DwuJ8 the l•. Employtes Jl. Net t11￿{￿￿) i•vutmethts Ilnreq¢Tritlcd 2023 2Q22 183321 30,WJ6 12LM263) 188.010 214357 16353 Pa8¢ 15

THE BESPOKE TAILORS, BENEVOLENT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 AUGUST 2023 (CONTINUED) 12. Fli￿ st¢t C#h Imvcstmtllts T•tl Cost orvthth) Al 4 AUW 2022 4￿2 .171.154 Ityxj 4J97.476 11.171.l541 Vabja￿￿ c I￿)20 Clsh wtiFaav DiviJeTrJaTrJ irteTest rer¢i4rd J8 In%rstll￿rt f¢es {t¥h 131( {4931 957Jl4 (31( 4WJ 3Q937 A¢ J 2023 4.484h32 131,970 4,616.602 (".•rryiry Ai 3 Au￿1 2011 4.484.632 131.910 Al 3 AU￿￿1 2022 .934 13. Dtbto 2023 2022 ArrKwts fi ¢kn wihii )w. nthtrdebt•rx 1lJ40 Other debknrs l￿nsi# of uJ¢ome fwthe Fe#ival DirdKr•J Swllmer Pwty, ii¢kd s which wcre gettltrj ifter the end ofthe finenual year. J& CrydlloT¥ 2023 2022 Actruib drfrvrrd i#tomt 42,792 38,798 J5. Related wrty trxLTad tknkng the yCaT thac fs of£i0.I￿ 12022.. £10.tIXll to FPF As5(Kiakns LinJile4. mp4ny by E.P. Fo& ofThe Be4thT8ilors' B￿￿O[eth As%￿latiOn 4tMI £nil12022: £nkll of rci[nI￿5c4l eXr￿ The sM¥tkny retti￿ a titd Ix)th the F&Itiv￿ DIti￿ th]rtn8 the yetrthctrustBg5 hav¢wovithJAYviox ￿lIK{￿ty fre¢ol¢hry. th￿10 the ofthtst strri(t& the t(￿t cannot ￿ r¢]iably cstim¢d. Fry this this ha5 FKcn indudvj withjn 3 orth¢ st&eJllents. TheTesJliofthisdLw aif¢d the oveTh]I tK>siti(KL Of￿ thty. Page 16