2023-07-31-accounts - The Worshipful Company Of Blacksmiths Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Charlty Numbor.. 218614 IXE WORSHIPFUL COMPANY OF BLACKSAIITH8 CHARITABLE TRUST REPORT AND ACCOVNTS YEAR ENDED 3f JULY 2023

Nigel Baldwin Whitehead Lt.Col. Michael White Col.Jane Elizabeth Davis OBEQVRM TD DL Frances Elaine Coulson Dean Hollington Leslie Morgan OBE DL Hector lan Samuel Robb	Past Prime Warden The Learned Clerk Court Assistant Liveryman Liveryman Court Assistant Liveryman	Secretary Chairman
OBJECTS AND ACTIVITIES
The Trustee has the power to apply the funds ofthe Charitable Trust for the benefit ofsuch charitable objects as it, in its absolute discretion, thinks fit.			institutions	or charitable

				Notes	Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
							2023	2022
INCOME FROM							6	6
Voluntary income Investment income Other income					79,090 19,478	21,239 216	100,329 19,694	31,410 16,587
TOTAL
					98,568	21,455	120,023	47.997
EXPENDITURE ON
Charitable activities
Charitable donations Operational activities	and grants			6 7	21,210 6,535	41,325	62,636 6,636	58,315 6,240
TOTAL
					27,745	41,325	69,070	84,555
NET INCOME
Transfers between funds Gains/(losses) on investment			assets		70,823 (8,123) (16,464)	(19,870) 8,123 (494)	50,863 (16,968)	(16,558) (22,596)
Net movement in funds					46,236	(12,241)	33,895	(39,154)
Fund balances brought		fonNard			423,033	35,964	468897	498,151
Fund balances carried		forward			469,269	23,723	482 892	458997

		Notes	2023	2022
				F.
FIXEDASSETS
Investments
			388,422	405,379
CURRENT ASSETS
Debtors
Cash at bank and in	hand		2,500 727,590 130,090	5,000 80,828 85,828
LESSCURRENT LIABILITIES
Creditors - amounts	falling due within one year	10	25,520	32,270
NET CURRENT ASSETS
			104,570	53,618
TOTAL ASSETSLESSCURRENT LIABILITIES			492,992	458,907
FUNDS
Unrestricted fund
General purpose fund Benevolence fund		12 12	463,626 5,$43	417,025 6,008
			469,269	423,033
Restricted fund
Scottish bequest Education and training	fund	12 12	14,000	14,000
Gabriel Masterclass		12	9,723	11,963 10,001
			23,723	35,964
			492,$92	458,997

		CHARITABLE TRUST	CHARITABLE TRUST
		NOTES TQ THE ACCOUNTS (Continued) YEAR ENDED 31JULY 2023
8	Charitable donations and grants		2023		2022
	Unrestricted funds				k
	Standing donations
	BABA
	Blacksmiths Guild			600
	City and Guilds City of London Police Widows &Widowars Elworthy Sword Trophy Competition High Ground Livery Food Initiative		Fund	1,000 300 1,200 1,500	600 300 250 1,200
	London Metropolitan Archives and Guildhall Lord Mayor's appeal Royal British Legion: City ofLondon Branch Sheriffs' and Recorder's Fund Sons ofthe Clergy St.Andrew by the Wardrobe St. Paul's Cathedral		Library	2,500 600 1,800 500 600 500 450	600 1,800 360 600 180 360
	The Lord Mayor's Big Curry Lunch Treloar Trust Trustees ofthe United Guilds			600 1,500 1,000	600 1,500 480
	Urban Crafts Foundation			210	210
	Whizz Kids			1,000 350	1,000 300
	Other appeals		16210		10340
	Army Cadets Charitable Trust
	Individual Bursary Request (ref lan Parmenter) Maytree Respite Centre				500 1,000
	LEAP Confronting Conflict				1,000
	Restoration ofGate, Walled Garden, Aldgate Primary School Appeal 2022 Attend	Copped	Hall, Essex		500 1,000 1,000
	DEC Ukraine Appeal				500
	DEC Turkey-Syria Earthquake Appeal Becket Pageant		1,000		1,000
					1,000
	MrJA H Richardson		1	000	7 DDD
	(Prime Warden} Recommended Charity List Guide Dogs for the Blind Sam Bears Hospice, Woking			500	300
	Asthma Relief				500
	Children with Cancer			500
	Prostate Cancer		1,000
	St Paul's Cathedral Chorister Trust		1,000
	Church ofStAndrew by the Wardrobe Trees for Cities				750 500
	London Air Ambulance				450
					500
			3MD		3 ODD
Total payments from general fund			20210		20 640

				YEA	YEA	R ENDED 31JU	LY 2023
8	Charitable	donations		and grants (Cont)			2023	2022
							E
	Total payments Payments from Total payments		from general fund benevolence fund from unrestricted		re. hardship funds	grants	20,210 1 000 21 210	20,840 3500 24340
	Restricted	funds
	Education and training bursaries Gabriel Masterclass Total payments from restricted funds						41,325 41 325	33,975 33975
	Total payments
							62 535	58315
7	Operational	activities
							2023	2022
							E
	Secretary stipend
	Accountancy Independent Examiner's Bank charges			report			4,000 1,440 840	4,000 1,320 840
	Meeting expenses						125	80
							130
							6535	6 240
8	Investments
							2023	2022
							E
	Historical cost of		investments				350 ODD	350000
	Market value	ofinvestments					388422	405,379
9	Debtors
							2023	2022
							E
	Tax recoverable
							2,500	5,000
							2 500	5 ODO
10	Creditors
							2023	2022
							E
	Accruals
	Bursaries						24,920 600	20,710 11,500
							25 520	32210

3 Restricted funds			YEAR	ENDED 31JULY 2023
				2023	2022
Education and training			fund
Balance brought forward
Income:				11,963	30,948
Education and training Tax recoverable		gift aid		18,133	12,490
					2 500
				21 239	14990
Expenditure:				33,202	45,938
Herefordshire College Plumpton College Kingston Maurward		ofTechnology		33,500 8,100	29,900 7,000
Unpaid bursaries				(275)	2,750 (5,675)
Overall deficit on fund				~47 325	~33975
Transfer from general	fund			(8,123) 8,123	11,963
Balance carried forward
					11,963
Scottish bequest
Balance brought forward
and carried forward
				14,000	14,000
Gabriel Masterclass
Balance brought forward Investment income Movement in investments Masterclass				10,001 216 (494)	10,553 153 (705)
Balance carried forward
				9,723	10,001
Total
				23,723	35,964