Charity Number.. 216614 THE WORSHIPFUL COMPANY OF BLACKSMITHS CHARITABLE TRUST REPORT AND ACCOUNTS YEAR ENDED 31 JULY 2020 |TRUSTEE:||The Worshipful|The Worshipful|Company of Blacksmiths| |---|---|---|---|---| |SECRETARY:||Ms J Moffatt||| |ADDRESS:||9 Little Trinity|Lane|| |||London||| |||EC4V 2AD||| |BANKERS:||HSBC Bank Pic||| |||1 - 3Bishopsgate||| |||London||| |||EC2N 3AQ||| |||Cafcash
Ltd||| |||Kings hill||| |||West Mailing||| |||Kent||| |||ME194TA||| |INDEPENDENT|EXAMINER:|Graham
Atkin FCA||| |||Leonard House||| |||5-7 Newman|Road|| |||Bromley||| |||Kent||| |||BR1 1RJ||| |INVESTMENT||MBG Securities||Ltd| |MANAGERS:||P0Box9038||| |||Chelrnsford||| |||Essex
CM992XF||| |SOLICITORS:||Pinsent Masons||| |||30Aylesbury|Street|| |||London||| |||EC1R OER||| |CHARITY NUMBER:||216614||| ## ## ## ## ## |Nigel Baldwin Whitehead|Past Prime Warden|Chairman| |---|---|---| |Jillian Deborah Cerey Moffatt|The Learned Clerk|Secretary| |Jane Elizabeth
Davis OBE QVRM DL|Court Assistant|| |Frances Elaine Coulson|Liveryman|| |Dean Hollington|Liveryman|| |Peter Giles Hurford OBE|Liveryman|| |Christopher
Rowland Jeal|Liveryman|| |Leslie Morgan OBE DL|Liveryman|| |Hector lan Samuel Robb|Liveryman|| ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Notes|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|Funds| ||||||||2020|2019| |INCOME FROM||||||||| |Voluntary
income|||||29,124|14,396|43,520|14,152| |Investment
income|||||18,349|195|18,544|18,099| |Other income|||||300||300|5,000| |TOTAL|||||47,773|14,591|62,364|37,251| |EXPENDITURE ON||||||||| |Charitable
activities||||||||| |Charitable
donations|and grants||||21,675|22,150|43,825|29,300| |Operational
activities|||||6,040||6,040|6,040| |TOTAL|||||27,715|22,150|49,865|35,340| |NET INCOME|||||20,058|(7,559)|12,499|1,911| |Gains/(losses)
on investment|||assets||(59,075)|155|(58,920)|(7,130)| |Net movement
in funds|||||(39,017)|(7,404)|(46,421)|(5,219)| |Fund balances
brought||forward|||431,278|76,910|508,188|513,407| |Fund balances carried||forward|||392,261|69,506|461,767|508,188| ||||||BALAN CESHEET|BALAN CESHEET|BALAN CESHEET|BALAN CESHEET|||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||AS AT||31 JULY|2020|||| |||||||||2020||2019|| ||||||Notes||||||| |FIXEDASSETS|||||||||||| |Investments|||||||||377,735||436,655| |CURRENT ASSETS|||||||||||| |Debtors||||||||7,458||4,913|| |Cash at bank and|in|hand||||||85,739||75,060|| |||||||||93,197||79,973|| |LESS CURRENT|LIABILITIES||||||||||| |Creditors - amounts||falling||due within one year||10||9,165||8,440|| |NET CURRENT ASSETS|||||||||84,032||71,533| |TOTAL ASSETS|LESS CURRENT LIABILITIES||||||||461,767||508,188| |FUNDS|||||||||||| |Unrestricted
fund|||||||||||| |General purpose|fund|||||12|||384,206||431,278| |Benevolence
fund||||||12|||8,055||| ||||||||||392,261||431,278| |Restricted
fund|||||||||||| |Scottish bequest|||||12||||14,000||14,000| |Education
and training|||fund||12||||44,986||51,740| |Gabriel Masterclass|||||12||||10,520||11,170| ||||||||||69,506||76,910| ||||||||||461,767||508,188| |Approved
by the Wardens||||ofThe Worshipful|Company|of|Blacksmiths||||| |r N hl Land, Prime|Warderr||||||||||| ||||||||Date:|&4-.5 - 2-3|||| ## ## ## ## ## ## ## ## ## ## |3|Voluntary|inc|ome|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||2020|||2019||| ||Donations|||||||||||||||| ||During the|year the||following||donations||were received||||||||| ||to restricted|funds||||||||||||||| ||||Education||and|training|gift||aid||11,850|||10,765||| ||||Taxation||recoverable||on gift aid||||2,546|||2,500||| |||||||||||||14,396|||13,265|| ||to unrestricted||funds|||||||||||||| ||||Donation||from|Clifford|Champion|||Trust|27,500|||||| ||||Other|donations||re. general|||fund||1,069|||887||| ||||Donations||re. benevolence||||fund||555|||||| |||||||||||||29,124||||887| |||||||||||||43,520|||14,152|| |4|Investment|income||||||||||2020|||2018|| ||||||||||||||||E|| ||Investment|income||||||||||18,379|||17,973|| ||Bank interest||||||||||||165|||126| |||||||||||||18,544|||18,099|| |5|Other income|||||||||||2020|||2018|| ||||||||||||||||F|| ||Leslie Morgan||Legacies||||||||||||5,000|| ||Bank compensation|||payments||||||||300||||| |||||||||||||300|||5|QQO| |||||||THE||WORSH|WORSH|WORSH|IPFUL COMPANY OF BLACKSMITHS
CHARITABLE TRUST|IPFUL COMPANY OF BLACKSMITHS
CHARITABLE TRUST|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||NOTES|||TO THE ACCOUNTS (Continued)||| |||||||||||YEAR ENDED 31JULY 2020|||| |6|Charitable
donations|and||grants||||||||2020f|2019
f| ||Unrestricted
funds||||||||||||| ||Standing
donations||||||||||||| ||Blacksmiths
Guild|||||||||||500|500| ||City and Guilds|||||||||||250|250| ||City of London Police Widows|||||8 Widowers|||||Fund|200|150| ||Elworthy
Sword Trophy|Competition||||||||||1,000|700| ||Guildhall
Library|||||||||||500|250| ||Lord Mayor's appeal|||||||||||1,500|1,500| ||Royal Bdtish Legion: City||of||London|||Branch||||300|250| ||Sheriffs' and Recorder's|Fund||||||||||500|250| ||Sons ofthe Clergy|||||||||||150|150| ||St.Andrew
by the Wardrobe|||||||||||300|300| ||St.Paul's Cathedral|||||||||||500|500| ||Treloar Trust|||||||||||400|300| ||Trustees ofthe United
Guilds|||||||||||175|150| ||Whizz Kids|||||||||||250|200| ||The Lord Mayor's
Big Curry||||Lunch|||||||500|| |||||||||||||7 525|5,450| ||Other appeals||||||||||||| ||Build Up||||||||||||500| ||Demelza
Life||||||||||||500| ||James Crampton||||||||||||300| ||Individual
benevolence|grant|||||||||||5,000| ||Oasis Play||||||||||||250| ||Royal Navy 8 Royal Marines|||||Charity|||||||250| ||Sea Scouts||||||||||||250| ||Tower Hamlet Friends and|||Neighbours|||||||||250| ||Medway Queen Preservation|||||Society||||||250|| ||Polka Children's
Theatre|||||||||||250|| ||Deafblind
UK|||||||||||500|| ||The Stuart Low Trust|||||||||||1,000|| ||Combat Stress|||||||||||500|| ||Crisis (PPW Nigel Whitehead|||||Skydive)||||||1,000|| ||Dover Sholem Community|||Trust||||||||500|| ||Guild of Handicraft
Trust|||||||||||300|| ||London Play|||||||||||250|| ||The Medaille Trust|||||||||||250|| ||St Paul's Cathedral
Covid||Memorial|||||Appeal||||1,000|| ||FANY (PRVC)|||||||||||500|| ||StJohn's Covid Appeal|||||||||||500|| ||Lord Mayor"s Livery Kitchen||||Initiative|||||||1,000|| ||London Scottish House|Appeal||||||||||500|| ||London Youth Rowing|||||||||||400|| ||Ironbridge
Gorge Museum|||Trust Emergency|||||||Appeal|250|| ||Nehemiah
Project|||||||||||300|| ||Cherished
Memories|||||||||||300|| ||Ambition,
Aspire, Achieve|||||||||||300|| ||Hereford
Make|||||||||||250|| ||Computers
for Southwark|||||||||||1,500|| ||Jack Sampson
Grant/|Ironbridge|||||Museum|||||250|| ||Fraud Advisory Panel|||||||||||1,000|| ||Newham
Ability Football Club|||||||||||500|| |||||||||||||13,350|7,300| ||Dr Nicholas Land||||||||||||| ||(Prime Warden) Recommended||||||Charity|||List|||| ||Medecins sans Frontieres||(UK)||||||||||500| ||The Welsh Guards
Lt Col||Central||||Fund||/ Charity||||500| ||The Coldstream
Guards|Charitable||||||Funds|||||500| ||Humanitarian
Aid Relief Trust|||||(HART)|||||||500| ||Adventure
Plus||||||||||||500| ||Lord Mayor's Appeal|||||||||||1,500|| ||Calpe House|||||||||||500|| |||||||||||||2,000|2,500| ||Total payments
from general|||||fund||||||22,375|15,250| ## ## |||||YEA|YEA|YEA|R ENDED 31JUL|Y2020|| |---|---|---|---|---|---|---|---|---|---| |6|Charitable
donations||and|grants (Cont.)||||2020|2019| ||||||||||F| ||Total payments|from general||fund||||22,375|15,250| ||Adjustments
to|donations||||||(1,200)|| ||Payments
from|benevolence||fund||re. hardship|grants|500|| ||Total payments|from unrestricted||||funds||21,675|15,250| ||Restricted funds||||||||| ||Education
and training||bursaries|||||21,150|14,050| ||Gabriel Masterclass|||||||1 000|| ||Total payments|from restricted|||funds|||22,150|14050| ||Total payments|||||||43,825|29,300| |7|Operational
activities|||||||2020|2019| ||Secretary stipend|||||||4,000|4,000| ||Accountancy|||||||1,260|1,260| ||Independent
Examiner's||report|||||780|780| |||||||||6,040|6,040| |8|Investments|||||||2020|2019| ||Historical cost of investments|||||||350,000|350,000| ||Market value of investments|||||||377,735|436,655| |9|Debtors||||||||2019| ||Tax recoverable|||||||7,458|4,913| |||||||||7,458|2,413| |10|Creditors|||||||2020|2019| ||||||||||F| ||Accruals|||||||8,790|7,740| ||Bursaries|||||||375|700| |||||||||9,165|8,440| ## ## ||General|Benevolence|Education|Gabriel|Scottish|Total| |---|---|---|---|---|---|---| ||fund|fund|&training|Masterclass|Bequest|| |||E|F||E|| |Investments|368,960|||8,775||377,735| |Debtors|7,458|||||7,458| |Cash at bank|15,578|8,055|45,361|2,745|14,000|85,739| |Creditors|(7,790)||(375)|(1,000)||(9,165)| |Fund balance|384,206|8,055|44,986|10,520|14,000|461,767| ## ## ## |Funds||||||||| |---|---|---|---|---|---|---|---|---| |||||Movements|in Funds|||| |||Balance||||||Balance| |||01.08.19|Incoming|Resources|Movement|In|Transfers|31.07.20| ||||Resources|Expended|Investments|||| |Restricted funds||||||||| |Education
and Training||51,740|14,396|(21,150)||||44,986| |Scottish Bequest||14,000||||||14,000| |Gabriel Masterclass||11,170|195|1,000|155|||10,520| |Total restricted
funds||76,910|14,591|(22,150)|155|||69,506| |Unrestricted
funds||||||||| |General fund||431,278|47,218|(27,215)|(59,075)||(8,000)|384,206| |Benevolent
fund|||555|500|||8,000|8 055| |Total unrestricted|funds|431,278|47773|27715|59,075|||392,261| |Total Funds||512,654|62,364|(49,865)|(58,920)|||461,767| ## ## |Restricted funds||||||| |---|---|---|---|---|---|---| ||||2020||2019|| |Education
and training||fund||||| |Balance brought forward||||51,740||47,525| |Income:||||||| |Education
and training|gift aid||11,850||10,765|| |Legacies|||||5,000|| |Tax recoverable|||2,546||2 600|| |||||14,666||18,265| |||||66,136||65,790| |Expenditure:||||||| |Herefordshire
College ofTechnology|||15,000||7,600|| |Plumpton
College|||5,250||7,400|| |Kingston
Maurward|||750|||| |(Unclaimed
bursaries)l||bursaries|150||(950)|| |previously
provided
for||||||| |||||21,150||14,050| |Balance carried forward||||44,986||51,740| |Scottish bequest||||||| |Balance brought
forward||||||| |and carried forward||||14,000||14,000| |Gabriel Masterclass||||||| |Balance brought
forward|||11,170||10,919|| |Investment
income|||195||195|| |Movement
in investments|||155||56|| |Masterclass|||(1,000)|||| |Balance carried forward||||10,520||11,170| |Totai||||69,506||81,125|