Charfty Numb9r 218114 THE WORSHIPFVL COMPANY OF BLACKSMfTrlS cH￿ITABLE TRVST REPORT AND ACCOUNTS YEAR ENDED 31 JULY 2021 ## ## |TRUSTEE:||The Worshipful||Company|of Blacksmiths||| |---|---|---|---|---|---|---|---| |SECRETARY:||Ms J Moffatt|||||| |ADDRESS:||9 Little Trinity|Lane||||| |||London|||||| |||EC4V 2AD|||||| |BANKERS:||HSBC Bank Pic|||||| |||1 - 3 Bishopsgate|||||| |||London|||||| |||EC2N 3AQ|||||| |||Cafcash
Ltd|||||| |||Kingshill|||||| |||West Mailing|||||| |||Kent|||||| |||ME19 4TA|||||| |INDEPENDENT|EXAMINER:|Graham
Atkin|FCA||||| |||I eonard
House|||||| |||5-7 Newman
Road|||||| |||Bromley|||||| |||Kent|||||| |||BR1 1RJ|||||| |INVESTMENT||M&G Securities||Ltd|||| |MANAGERS:||P0 Box9038|||||| |||Chelm sford|||||| |||Essex
CM99 2XF|||||| |SOLICITORS:||Pinsent Masons||||Wediake|Bell| |||30Aylesbury|Street|||71 Queen|Victoria Street| |||London||||London|| |||EC1ROER||||EC4V 4AY|| |CHARITY NUMBER:||216614|||||| ## ## ## ## |Nigel Baldwin Whitehead|Past Prime Warden|Chairman|(Resigned|31 July 2021)|| |---|---|---|---|---|---| |Jilllan Deborah Cerey Moffatt|The Learned
Clerk|Secretary|||| |Jane Elizabeth
Davis OBE QVRM TD DL|Court Assistant||(Appointed|as Chairman|1 August 2021)| |Frances Elaine Coulson|Liveryman||||| |Dean Hollington|Liveryman||||| |Peter Giles Hurford
OBE|Liveryman||(Resigned|10February 2021)|| |Christopher
Rowland Jeal|Honorary
Court Assistant||(Deceased|10May 2022)|| |Leslle Morgan OBE DL|Court Assistant||||| |Hector lan Samuel Robb|Liveryman||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Notes|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|Funds| ||||||||2021|2020| ||||||||F.|E| |INCOME FROM||||||||| |Voluntary
income|||||14,783|15,962|30,745|43,520| |Investment
income|||||15,529|209|15,738|18,544| |Other income||||||||300| |TOTAL|||||30,312|16,171|46,483|62,364| |EXPENDITURE ON||||||||| |Charitable
activities||||||||| |Charitable
donations|and grants||||24,180|30,000|54,180|43,825| |Operational
activities|||||6,160||6,160|6,040| |TOTAL|||||30,340|30,000|60,340|49,865| |NET INCOME|||||(28)|(13,829)|(13,857)|12,499| |Gains/(losses)
on investment|||assets||50,417|(176)|50,241|(58,920)| |Net movement
in funds|||||50,389|(14,005)|36,384|(46,421)| |Fund balances
brought||forward|||392,261|69,506|461,767|508,188| |Fund balances carried||forward|||442,650|55,501|498,151|461,767| ## |||||BALANCE SHEET|BALANCE SHEET|BALANCE SHEET|||| |---|---|---|---|---|---|---|---|---|---| |||||AS AT31JULY||2021|||| |||||||2021||2020|| |||||Notes|||||| |FIXEDASSETS|||||||||| |Investments|||||||427,976||377,735| |CURRENT ASSETS|||||||||| |Debtors||||9|„.|2,500||7,458|| |Cash at bank and|In|hand||||73,785||85,739|| |||||||76,285||93,197|| |LESSCURRENT|LIABILITIES||||||||| |Creditors - amounts||falling due within one year||10||6,110||9,165|| |NET CURRENT ASSETS|||||||70,175||84,032| |TOTAL ASSETS|LESSCURRENT LIABILITIES||||||498,151||461,767| |FUNDS|||||||||| |Unrestricted
fund|||||||||| |General purpose|fund|||12|||433,562||384,206| |Benevolence
fund||||12|||9,088||8,055| ||||||||442,650||392,261| |Restricted
fund|||||||||| |Scottish bequest||||12|||14,000||14,000| |Education
and training|||fund|12|||30,948||44,986| |Gabriel Masterclass||||12|||10,553||10,520| ||||||||55,501||69,506| ||||||||488 151||461,767| ## ## ## ## ## ## ||||||Y|EAR ENDED 31 JUL|Y 2021|||| |---|---|---|---|---|---|---|---|---|---|---| |6|Charitable
donations
and|grants|||||2021||2020|| ||||||||E||E|| ||Unrestricted
funds|||||||||| ||Standing
donations|||||||||| ||Blacksmiths
Guild||||||600|||500| ||City and Guilds||||||300|||250| ||City of London Police Widows||8 Widowers|||Fund|250|||200| ||Elworthy
Sword Trophy Competition||||||||1,000|| ||London
Metropolitan
Archives||and|Guildhall||Library|600|||500| ||Lord Mayor's appeal||||||1,800||1,500|| ||Royal British Legion: City of London||||Branch|||360||300| ||Sheriffs' and Recorder's
Fund|||||||600||500| ||Sons ofthe Clergy|||||||180||150| ||St.Andrew
by the Wardrobe|||||||360||300| ||St. Paul's Cathedral|||||||600||500| ||Treloar Trust|||||||480||400| ||Trustees ofthe United
Guilds|||||||||175| ||Whizz Kids|||||||300||250| ||The Lord Mayor's
Big Curry|Lunch||||||750||500| ||||||||7|150|7|025| ||Other appeals|||||||||| ||Royal British Legion Poppy|Appeal|||||1,500|||| ||GUTS (Fighting
Bowel Cancer)|||||||500||| ||Livery Schools Links - Digital||Divide||Campaign||1,500|||| ||Second Chance|||||||500||| ||Horse Rangers Assoc|||||||500||| ||150mm Challenge
Exhib Book||||||1,000|||| ||London
Legal Support Trust|||||||500||| ||Urban Crafts Foundation||||||5,000|||| ||Guild ofSt Bartholomew's
Hospital|||||||500||| ||Tower Hamlet Friends and|Neighbours|||||2,000|||| ||Medway Queen Preservation||Society|||||||250| ||Polka Children's
Theatre|||||||||250| ||Deafblind
UK|||||||500||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|||||||500||300| ||Breast Cancer Haven|||||||500||| ||British Liver Trust|||||||500||| ||City Music Foundation|||||||350||| ||Common
Earth||||||1,150|||| ||Hereford
Make|||||||||250| ||Computers
for Southwark||||||||1,500|| ||Jack Sampson
Grant
/ Ironbridge|||Museum||||||250| ||Fraud Advisory
Panel||||||||1,000|| ||Newham
Ability Football Club|||||||||500| ||||||||17|000|13|350| ||Dr Nicholas
Land|||||||||| ||(Prime Warden) Recommended|||Charity List||||||| ||Lord Mayor's Appeal||||||||1,500|| ||Calpe House|||||||||500| ||||||||||2|000| ||Tota! payments
from general||fund||||24,|180|22,375|| ## ## |||||||YEA|R ENDED 31 JUL|Y 2021|| |---|---|---|---|---|---|---|---|---|---| |6|Charitable
donations||and|grants||(Cont.)||2021
F.|2020f| ||Total payments|from general||fund||||24,180|22,375| ||Adjustments
to|donations|||||||{1,200)| ||Payments
from|benevolence||fund||re. hardship|grants||500| ||Total payments|from unrestricted||||funds||24,180|21 675| ||Restricted funds||||||||| ||Education
and training||bursaries|||||30,000|21,150| ||Gabriel Masterclass||||||||1 000| ||Total payments|from restricted|||funds|||30000|22,150| ||Total payments|||||||54 180|43 825| |7|Operational
activities|||||||2021|2020| ||Secretary stipend|||||||4,000|4,000| ||Accountancy|||||||1,320|1,260| ||Independent
Examiner's||report|||||840|780| |||||||||6 160|6040| |8|Investments|||||||2021|2020| |||||||||f.|L| ||Historical cost of investments|||||||350000|350000| ||Market value of investments|||||||427,976|377,735| |9|Debtors|||||||2021|2020| |||||||||6|E| ||Tax recoverable|||||||2,500|7,458| |||||||||2 500|2 413| |10|Creditors|||||||2021|2020| ||Accruals|||||||2,660|8,790| ||8ursaries|||||||3450|375| |||||||||6 110|0 165| ## ## ## ||Unrestricted|Unrestricted|funds|Restricted funds|Restricted funds||| |---|---|---|---|---|---|---|---| ||General|Benevolence||Education|Gabriel|Scottish|Total| ||fund||fundf|& training
f|Masterclass
6|Bequest
f|| |Investments|419,377||||8,599||427,976| |Debtors|2,500||||||2,500| |Cash at bank|14,345||9,088|34,398|1,954|14,000|73,785| |Creditors|2,660|||3,450|||6,110| |Fund balance|433562||9088|30948|10553|14000|498 151| ## ## ## ## |Funds||||||||| |---|---|---|---|---|---|---|---|---| |||||Movements|in Funds|||| |||Balance||||||Balance| |||01.08.20|Incoming|Resources|Movement|In|Transfers|31.07.21| ||||Resources|Expended|Investments|||| |Restricted funds||||||||| |Education
and Training||44,986|15,962|(30,000)||||30,948| |Scottish Bequest||14,000||||||14,000| |Gabriel Masterclass||10,520|209||176|||10,553| |Total restricted funds||69,506|16,171|30,000|176|||55,501| |Unrestricted
funds||||||||| |General
fund||384,206|29,279|(30,340)|50,417|||433,562| |Benevolent
fund||8055|1 033|||||9,088| |Total unrestricted|funds|392261|30312|30340|50417|||442 650| |Total Funds||461,767|46,483|60,340)|50,241|||498,151| ## ## ## |Restricted funds||||||| |---|---|---|---|---|---|---| |||||2021||2020| |Education
and training||fund||||| |Balance brought
forward|||||44,986|51,740| |Income:||||||| |Education
and training|gift aid|||13,462||11,850| |Tax recoverable||||2 500||2,546| ||||||15962|14396| ||||||60,948|66,136| |Expenditure:||||||| |Herefordshire
College of||Technology||21,275||15,000| |Plumpton
College||||8,725||5,250| |Kingston
Maurward||||||750| |Bursaries
previously
provided|||for||30,000|150~24,150| |Balance carried forward|||||30,948|44,986| |Scottish bequest||||||| |Balance brought
forward||||||| |and carried forward|||||14,000|14,000| |Gabriel Masterclass||||||| |Balance brought
forward||||10,520||11,170| |Investment
income||||209||195| |Movement
in investments||||(176)||155| |Masterclass||||||(1,000)| |Balance carried forward|||||10,553|10,520| |Total|||||55,501|69,506|