REGISTERED CHARifYNUMBER: 218573
REPORTOFTHETRusfEESAND
FINANCIALsfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
TOMSON'S CHARITY

TOMSON'S CHARITY
CONTENTS OFTHE FINANCIALSTATEME￿S
FOR THEYEAR ENDED31 DECEMBER 2021
Page
Re￿rtOftheTrnStee$
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Re￿rtof the IndependentAuditors
5t06
statement of FinancialActivities
Balancesheet
Notesto the Financial Statements
9t012

TOMSON'S CHARITY
REPORTTOTHETRUSfEES
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustee5 present their report with the financi31 statements of the charity for the year ended 31 Decernber 2021. The
trust￿ have adopted the provision5 of Accounting and Rewjrting by Charities-. Statement of Recommended Practice
applic2bletocharities preparingtheiraccounts in accordancewiththe Financial Reportingstandard applicable in the UK and
Republicof Ireland IFRS 1021 (effective l January 20151.
OBJECTIVESANDACTIVITIES
Objertives and aimsof the¢harity
Thecharityis established to maintain choral stholar5hips atthe Cathedral School inthe Cityof Hereford for boys resident in
the Di0￿e0f Hereford.
The Charity aims to fulfil its object set out above by sound investment management to maximise income concomitant with
preservation of c3pit31. to provide financi31 support for the cathedral choristers at Hereford Cathedral School. The rnain
objective for the year isto rnaximise incometo provide maxlmum support forchoristers.
Significantactivities
Therewere no newsignificant activFties during theyearended 31 Decernber 202L
Public benefit
The trLJStees confirrn th3t they have referred to the guid3nce contained in the Charity Comrni55ion's general guidan￿ on
public benefitwhen reviewingthe Charity's aims and objectives and sndeterrnining thegrant rnzking policyforthe year.
Grantmakin8
All grant making is in accordan￿WIth the provisionsofthecharity Commi5sionSchemeSealed 1st December 1977.
ACHIEVEMENT AND PERFORMANCE
Reviewof progre5sand achievement
The charitable activity remains, as set out in the scheme, the provision of money for the estsblishment and rn2intenance of
choral scholarships atthe CathedralSchool.Thecostof theseschol3rships is a rn3jorpartof thec05tof thecathedral'schoral
Foundation and it 15 unlikelythat, wthout the aid of T0rn50n's Charity, the Chapterof Hereford Cathedral would be able to
raise sufficient moneyto maintsin thechoir at its presentstren8t
Material Investments
The Charity draws its incomefrom investments. Intome has been made over to the Chapter of Hereford Cathedral to meet
the cost of educating choristers and scholarships totalling £66,36012020.- E64,(ml duringthe year. Given the rising cost of
the choral scholarships, the entire annual income of this Charity T5 insufficient to meet the shortfall betr4een the costs of
choral scholarships of £151,71012020= £150,358) and the income generated for this purpose in their own right by the
Chapter of Hereford Cathedral. There is unlikelyto be any furthersurplus incomeforthe Charity in thefvture.
FINANCIAL REVIEW
Investment Powers
Thetrustees have wide powers of investment
Investment policyandoblertives
The trustees have considered the most 2ppropri3te policy for inv￿ting funds and consider that a mix of primarily UK and
overseas equities complimented byfixed intere5tand altemative holdings meettheirreqLJirements to generate both incorne
and capit31 growth.
To reflect more accurately the nature of the charity the trustees have decided to split the fijnds between the original
endowment and the net income available after char8ing d)arity governance cost. Thi5 net incorne is reco8nised 25
unrestricted funds and is distributed tocoverpart of the annual cost of the Cathedral choral scholarship%
Page 1

TOMSON'S CHARITY
REPORTTOTHETRUSTEESlcontinuedl
FOR THEYEAR ENDED 31 DECEMBER2021
Reserves policy
The 8re3ter part of the charity's assets is represented by its endowment. These funds are held as InVe5trnen￿ The cost of
man3ging investments 2021 £8,719,.12020 £5.6941 is charged against the endowrnent fund. Inve5trnent5 generated a net
gain of £260,307 in 202112020 net 8ain of £17.(X)51.Total endowment net a55ets at the year-end amounted to£l.952,994
12020.. £1,733,974).
Incorne from i￿￿tments is released to the unrestricted fund based on a 4% return of the market valuation of investments
at 30th June of the 3 previous years. This income is applied as a grant to Chapter to help cover the cost of the choral
scholarships. The dividend income generated by the investrnent5 in 2021 was £33,79212020 £37,265). The result for the
year showsadecrease in unrestricted net incomeof£3,77912020.' decreaseof £781. Itis thepolicyof thetrustees tomaintain
a small unrestricted fund to meet day-to-daycosts. This stsnd53t£4,766 at 31 December 202112020.-£8.0871.
Rlsk revlew and Mana8ement
The main risk affectingthe charity is txjorperforrnanceof rnve5trnents ￿VIng lower income returns.This is mitigated through
good management of thefunds as highlighted above.The trustees keepthis under review at all times.
FUTURE PLANS
Toeontinueto maximise income without jeopardi5ingthecapital basebyconstant reviewof inve5trnent Performan￿ forthe
better provision of choral scholarships.
STRucfuRE, GOVERNANCEAND MANAGEMENT
Governingdocument
Charity Commission Scheme Sealed l December 1977.
Recruitment and appointrnentof newtrustees
The Charity Commission Scheme providesfor the Chapter of Hereford Cathedral to bethetrustee&
Organlsational structure
The clerk to the tru5tee5 oversees the day-to-day operation of the Charity in accordance with the accounting instruction5
that have been adopted by the trustees. Administrative and financial duties are carried out by the trustees or delegated as
appropriate.
Indurtion and trainingof newtrustees
New members of Chapter are briefed on their dutie5 as trustees as appropriate and attend courses covering the
respon5ibilitie5 of thetrustees.
Related parties
Related parties transactions aresetout in the notes tothe accoun
Page 2

TOMSON'S CHARITY
REPORTTOTHETRUSTEESlcontinuedl
FOR THEYEAR ENDED31 DECEMBER2021
REFERENCEANDADMINlStRATIVE D￿AlL5
Registered Charity number
218573
Prlntipal address
5 College Cloisters
The Close
Hereford
Herefordshire
HR12NG
Trustee5
The Trustee of the Charity who h35 day to day management reswjnsibility ts The Chapter of Hereford Cathedral. whose
rnembers at 31 D￿ernber 2021 are listed below.
The Very Revd Michael Tavinor IDe3n of Hereford)
The Very Revd Sarah Brown (Dean of Hereford)
The Revd Canon Andrew Piper
The Revd Canon Chris Pullin
Canon Barbara Gratton
Canon Duncan Jones
Canon Barry Forrester OBE
Canon Nicholas Harvey
(Resigned 28th Febru3ry20211
(Appointed 2r￿october 2021
IR&igned 28th Marth 20211
(Resigned 28th March 20211
Audltors
Haysmacintyre LLP
10 Queen Street Pla
London
EC4R IAG
Page 3

TOM50N'S CHARITY
REPORTTOTHETRUSfEES
FOR THE YEAR ENDED 31 DECEMBER2021
REFERENCE ANDADMINISTRATIVE D￿AlLs
Charity Nzrne
Richard Lane OtheMseTomson
Charltyworklng Name
' Tomson's Charity
ClerktotheTrustees: Christopher Milton
Banker5
LloydsTBS plc
8 HighTown
Hereford
HR12AE
InvestmentAthiisers
Rathbone Investment Managernent Ltd
8 Finsburycircus
London
EC2M 7AZ
STATEMENTOFTRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financi315tatements in accordance with
applicable law and United Kingdorn Accountingstandards Iunited Kingdorn GenerallyAcceptedAccounting Practice).
The law applicable to charities in England and Wales, the Charities Att 2011, Charity (Accounts and Reptsrtsl Regulations
2008 2nd the provisions of thetrust deed requires thetrustees to preparef1nancial statements for each financial yearwhich
give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources.
including the income and expenditu￿, of the charityfor that period. In preparing those financial statements, the trustees
are required to
select suitable accountin8 fM)licies and then applythem consistently,
Obse￿ethe methods and principles in the Charity SORP.,
make judgement5 and estimates thatare reasonable and pnjdent.,
prepare thefinancial staternents on thegoingconcern basis unless it is inappropriate to pre5umethatthe charitywill
continue in business.
The tru5tee5 are responsiblefor keeping properaccounting record5which disclose with reasonable accuracy at anytimethe
financial position of the charity and to enable them to ensure that the financial staternent5 comply wth the Charities Act
2011, the Charity IAccounts and Reportsl Regulation5 2008 and the provisions of the trust deed. They are 3150 responsible
forsafeguardingthe assetsof thecharityand heneefortakingre350nable 5tepsforthepreventTon anddetection of fraud and
other irregularities.
Approved by order of the board of trusteeson 31" May 2022 and signed on its behalf by.
Thevery Revd Sarah Brown- On behalfofthe Trustees
Page 4

REPORT OFTHE INDEPENDENT AUDITORSTOTHETRusfEES OFTOMSON'SCHARITY
Oplnlon
We have audited the financi31 statements of T0rn50ns Charity (Dthetwise Richard Lane) for the year ended 31 December
2021 which comprise theststement of fsr13nC131 activities, the balance sheet and notes to thefinancial statements, includin8
a summary of significant accounting policies. Thefinancial reportingframework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including Fin3nci31 Reporting Standard 102 The Financial
Rew)rtingStandard applicable in the UK and Republicof Ireland Iunited Kingdom Generally Accepted Accounting Practice).
In ouropinion.thefin3ncial 5t3tements..
give a true and fair view of the state of thechariws affairs asat 31 December2021 and of the chariws net movement
in funds for theyearthen ended-
have been properly prepared in aCcordan￿WIth United Kingdom Gener311yAccepted Accounting Prattice; and
have been prepared in accordancewith the requirements of the Charities Act2011.
Basis foropinÈon
We have been appointed as auditor under section 144 of the Charities Att 2011 and ￿port in accordance with the Act and
relevant regu12tions rnade or having effect thereunder. We conducted our akjdit in accordance with International Standards
on Auditing IUKI IISAS IUKII and applicable law. Our reswnsibilities under those standards 3re fLJrther described in the
Auditor'5 re5pon5ibilitie5forthe auditof thefinancial statementssection of our reportwe are independent of thecharity in
accordance with the ethical requirements that are relevant to OLJf audit of the financial statements in the Ulq includingthe
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We
beSievethatthe 3udit evidencewe haveobtained is sufficient and appropriate to provide a ba515for our opinion.
Conclusions relatingtogoingconcem
In auditin8 the financial statements, we have concluded that the trustees, use of thegoingconcern ba5150f accounting in the
preparation of thefinancial statements is appropriate.
Based on theworkwehave performed,wehave not identifiedanymaterial uncertaintie5 relatTngtoeventsorconditionsthaL
individually or collectively, may cast significant doubt on the charity'5 abilityto continue a5 3 going concern fora period of 3t
leasttwelve months frorn when thefinancial ststements are authorised for issu&
Our responsibilities and the reswnsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
Other informatlon
The trustees are responsible tor the other information. The other information comprises the information included in the
Trustees, Annual Report. Our opinion on the financial statements doe5 not cover the other information and. except to the
extentotherwi5e explicitlystated in our report, we do not expre55 3nyforrn of assurance conclusion thereon.
In connection with our audit of the financial st3tements, our responsibility is to read the other information and, in doing so,
consider whether the other inforrnation is materially incO￿lstent with the financial staternents or our knowledge obtained
intheauditorotherwiseappe3rsto bemateriallymi55tated. If we identifysuch materi31 incon51Stencies or apparent tnaterial
misstatements, we are required to determine whether there is a material misstatement in the financial statements or a
material misstaternentof theotherinfomiation. If,based ontheworkwe have performed,weconcludethatthere isamaterial
misstaternentof this other inforrn3tion.we are required to reportthat fact. We have nothingto report in this regard.
Matterson which we are required to report byexception
We have nothing to report in r￿pect of the following matters in relation to which the Charities (Accounts and Reports)
Regulations 2(X)8 require usto reportto you if. in ouropinion=
adequate accounting record5 have not been kept bythe charity. or
sufficient aCco￿nting records have not been kept- or
the charityfinancial stètements are not in agreement with theaccounting records and returns; or
we have not received all the information and explanations we requirefor our audiL
ReS￿nsibIlItieS of trusteestorthe financial statements
explained more fully in the trustees, r￿pol￿1b1Iities statement set out on page 4, the trustees are responsible for the
preparation of thefinancial statements and for beingsatisfied that theygive atrueand fairview.and forsuch internal control
35 the trustees determine 15 nece55ary to enable the preparation of financial statements that are free from material
misststemen¢whetherdue to fraud orerror.
Page 5

REPORT OFTHE INDEPENDENT AUDITORSTOTHETRUSTEESOFTOMSON'SCHARITYICONTINUEDI
In preparing the financial staternents, the trustees are responsible for assessing the charitys ability to continue * a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basi5 of accounting unless
thetrugtees either intend to liquidate the charity ortocease operations, or have no realisticalternative but to doso.
Auditor's responsibiltties forthe zuditof the financial statements
Our objective5 are to obtain reasonable assurance about whether thefinancial Statements as a ¥vhole arefreefrom material
misstaternent. whetherduetofraud orerror,and to issuean auditor's reportthat includesouropinion. Re2sonable3ssurance
is a high level of assurance, but is not a guarantee that an audit condurted in accordance with ISAS (UK) will alw3y5 detect a
material mi5Statementwhen itexists. Misstatements can arisefrom fraud orerror and areconsidered material if. individually
or in the aggregate. they could reasonably be exrEded to Influen￿ the economic decisions of users taken on the basis of
these financial ststements.
Irregularities, includingfraud, are instances of non-compliance with laws and regulations.we design procedure5 in line with
our responsibilitie5, Outlined above, to detett material misstatements in respectof irregularitie5, includingfraud. The extent
towhich our procedures are capableof detectingirregularitie5. includingfraud is detailed below.
Based on our understanding of the charity and the environment in which it operates, we identified thatthe principal risks of
non-compliance with law5 and regulations related to registered charities, and we considered the extent to which non-
compliance rnight have a materialeffect onthefinancial statements.Wealsoconsidered thoselawsand regu13tionsthat have
a direct impact on the preparation of the financial statements such as the Charities Act 2011 and other factors such as
taxation.
We evaluated management's incentives and op￿rtunItieS forfraudulent manipulation of thefinancial statements (including
the risk of override of controls), and detemined that the principal risks were ￿lated to manual accounting journals. Audit
procedure5 performed bythe engagement team included..
Discussions with management including consideration of known orsuspected instances of non-compliance with laws
and regulation 2nd fraud.,
Evaluating managetnent's controls designed to prevent and detect irregularities; and
Identifying and testingjournals, in particular journal entries posted with unusual account cornbinations, postings by
unusual users orwith unusual descriptions.
A further description of our responsibilities for the 2udit of the financial statements is located on the Financial ReF¥)rting
Council's website at..
.frc.or
au
ito
.This description forms part of our auditor's report.
Useof our report
Thi5 report is rnade solely to the charitys trustees. as a body, in accordan￿ wth section 144 of the Charities Act 2011 and
regulations rnade undersection 154of that Act. Our audit work has been undertaken so thatwe might state to the charity's
trustees those matter5weare required to stateto them in an Auditor's ￿port and for noother purpose.To the fullest extent
permitted by law. we do not accept or assume responsibility to anyone other than the charity's trustees a5 a body for our
audit work, for this reFort orfor the opinionswe haveforrned.
Haysmacintyre LLP
StatutoryAuditor5
Date.. 01 lune 2022
10 Queen Street Pla
London
EC4R IAG
Haysmacintyre is eligibleto act as an auditor in temis of section 1212of the Companies Act2CK)6
Page O

TOMSON'SCHARITY
STATEMENTOF FINANCIALACTIVITIES
FOR THEYEAR ENDED 31 DECEMBER 2021
Unrestrrcted
Funds
Endowment
Funds
Total Funds
2021
Total Funds
2020
INCOMEAND ENDOWMEMfs FROM
Investment income
33,792
33,792
37.265
EXPENDITURE ON
Raisingfvnds- invesbment management fees
Charitable activitie5
8.719
8.719
5,694
90
Total
69,681
8,719
78,4CM)
71,596
Inve5tmentgains/llossesl
N￿INcOmE
169,6811
285,380
215.699
117.3261
Transfers betweenfunds
Net movement in fund5
io
13.3211
219,020
215,699
117.3261
RECONCILIATION OFFUNDS
Total funds broughtfonvard
TOTAL FUNDS CARRIED FORWARD
All incotne and expendlture has arisen from continuingactivities.
The notes numbered I to 13form part ofthesefinancial ststements.
The note5 form part of the* financlal statements
Page 7

TOMSON'S CHARrrY
BALANCE SHE
AT31 DECEMBER 2021
Unrestricted
Funds
Endowment
Funds
Totsl Funds
2021
Totsl Funds
2020
Note5
FIXED ASSErs
Investments
2,121
1,952,994
1.955.115
1.736,095
CURRENT ASSET5
Debtors
C35h at bank
22,355
22,355
23,658
CREDITORS
Arnounts fallingduewithin one year
N￿CURRENT AS￿5
645
TOTALAssEfs LESSCURRENT LIABILITIES
ASSErs
FUNDS
Unrestricted fund5
Endo￿entfUnd
4,766
4.766
1952 994
8.087
173397
TOTAL FUNDS
The notes numbered I to 13 form partofthese financial statements.
Thefinancial statementswere approved bythe Board of Trustees on 31st May2022 and were signed on its behalf by..
Very Revd S Brown- On behalf of theTrustees
The notes fom part of ttw financlal statements
Page 8

TOMSON'SCHARITY
NOTESTOTHE FINANCIALSTATEMENTS
FOR THEYEAR ENDED 31 DECEMBER 2021
ACCOUNTING POLICIES
Basis of preparingthe financial statements
The financial statements of the charity, whith 15 3 public benefit entity under FRS 102, have been prepared in
acCOrdan￿WIth the Charities SORP IFRS 1021'Accountingand Reportingby Ch3rities= Statement of Recommended
Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20151., Financial Reporting Standard 102
The Financial Reporting Stsnd3rd applicable in the UK and Republic of Ireland, and the Charities Act 2011. The
financial statetnents have been prepared under the historical cost convention with the exception of investments
which are incjuded at marketvalue, a5 modified bythe revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is
probable that the incomewill be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as extEnditure as Soon as there is a legal or construrtive obligation comtnitting the tharity
to that expenditure, it is probable that a transferof economic benefits will be required in settlement and the amount
of the obligation can be measured reliably. Expenditure is accounted foron an 3ccru3ls basis and has been classified
under headings thata8gregatea1jcost￿1ated tothecategory.Wherecosts cannot be directlyattributed toparticular
headings they have been allocated to activities on a basis con51Stent with the use of resources.
Taxation
The charity is not generally liable to corporation tsx on its 5urplu5. The charity is not registered for value added tax
purposes.
Fund accountin8
Unrestricted fund5can be used in aCcOrdan￿WIth the charitable objertive5 atthe discretionof thetrustees.
The inve5tments,and anyincome and expenditure in mana8in8thecapital assetsof thecharityarerecognised as part
of theoriginal endowrnent bythe Tomson Charityand shown as Endowrnent Funds.
Furtherexplanation of the nature and purpose of each fund is included in the notes to thefinancial statement
Investments
Investments are ststed at market value at the balan￿ sheet date and unrealised gains or105ses are shown on the
Statement of Financial Activities.
Liabilities
Liabilities arereco8nised when the Charity has a present obligation ari5ingfrorn pa5tevents.
Cash at bank and in hand
Cash at bank and cash in hand include5 cash and shortterm investmentswith a short maturityof threemonthsor less
from the date of acquisition oropenin8 of the deFX)Sit or5irni13r account.
Debtors
Trade and other debtor5 are reco8nised at the 5ettlernent amount du& Prepayments are valued at the amount
prepaid.
Creditors and provisions
Creditors and provisions are recognised where the tharity has a present obligation resulting from a past event that
will prob2bly result ITh the transfer of fund5 to a third party and the amount due to settle the obligation can be
rne35ured orestimated reliably. Creditors and provisions are normally recognised at theirsettlerT>ent arnount
Page 9

TOMSON'S CHARITY
NOTg5TOTHE FINANCIALsfATEMENTS Icontinuedl
FOR THEYEAR ENDED 31 DECEMBER2020
INVEsfMENT INCOME
31.1221
31.1220
Dividends
33.792
37265
CHARITABLEACTIVITIESCOSrs
Dlrect costs s￿pport costs
15ee notes)
Totsls
Choristers. school feesgrant
66,360
3.321
69,681
MOVEMENT ON INVEsfMENTS
31.1221
31.1220
G3ins/llossesl investments
Inve5tTnent m3nagementfees
260,307
18.7191
17,005
15,6941
251.588
11,311
SUPPORTcosrs
Governance
costs
Auditor5 remuneration
Bankch3r8es
3.138
183
3.321
TRUSTEES, REMUNERATIONAND BENEFITS
The￿were no employees duringthe year. No emoluments or expenses were paid tothetrustees during the year.
Trustees. indemnity insur3nce has not been purchased durÈngthe year.
TrLtstees'expenses
The￿ were no trustees, expenses paid for the year ended 31De￿Mber2021 nor for the year ended
31 December 2020.
Page 10

TOMSON'SCHARITY
NOTESTOTHE FINANCIALSTATEMENTSlcorttinuedl
FOR THEYEAR ENDED 31 DECEMBER2021
COMPARATIVES FOR THESTATEMENTOF FINANC[ALA￿1VlTIE5
31.1220
3L1220
Unrestrscted Endowment
Funds
Funds
31.1220
Total
fvnds
Investment income
37,265
37265
Total
37,265
37.265
Raising Funds
Investment management fees
5.694
5,694
Charitable activities
65,902
65,902
Total
65,902
5,694
71,596
Inve5tmentgainslllosse51
17,005
17,005
N￿INcOmE
165,9)21
48,576
117.3261
fran5fers between bjnds
65,824
165,8241
Net movementon fvnds
1781
117,2481
117,3261
Totsl funds brou8htfotrward
8,165
1,751,222
1,759,387
Total fund5 carried forward
8,087
1,733.974
1,742,061
FIXEDAss￿ INVESTmE￿s
Cash and
settlements
pendin¥
Listed
investments
Total$
MARKETVALUE
At l January 2021
Additions
Diswjsals
Gains on investments
Movementon cash
1.733,796
472.970
1509,0411
260,307
2,299
L736.095
472,970
1509,0411
260,307
15,2161
5,2161
At 31 Decernber 2021
1.958,032
12,9171
1,955.115
Fixed asset investments are quoted on a recognised stock exchange and held within the United Kingdom.
Investments which cornpri5ed more than 5% ofthe tota5 market value at 31 December 2021 were Edgewood Select
Fund £100.61415.15%1, Findlay Park American Funds Unhedged £131.88016,75%1.
Page 11

TOMSON'SCHARITY
NOTES TOTHE FINANCIALSTATEMENTS Icontinuedl
FOR THEYEAR ENDED 31 DECEMBER 2021
CREDITORS.. AMOUNTSFALLING DUEWITHIN ONEYEAR
31.1221
31.1220
Othercreditor5
19,710
17,692
io.
MOVEMENT IN FUNDS
Net
movement In
fvnds
Transfers
between
fvnds
At l.L21
At31.1221
Unrestrirted fijnds
Genera1 fund
8,087
169,681)
66J60
4,766
Endowmentfund
1,733,974
285,380
166.3601
1,952,994
TOTAL FUNDS
1.742,061
215.699
1,957,760
Net movement in funds. tncluded in the above areas follow5..
Income and
endowments
Expendtture
Galns and Movementln
losses
funds
Unrestricted fvnd$
General fund
169,6811
169,681)
Endowmentfund
33,792
18.7191
260,307
285,380
TOTALFUNDS
33,792
178.4001
260,307
215,699
Unrestricted funds represent the funds of the charitythat are not subject to any restrictions regardingtheir use and
are available forapplic3tion of thegeneral objects of the charity.
The Endovfflient fund ig the capital assets of the charity which are used to generate the income paid over to the
unrestricted fund fordistribution in fUrtheran￿0f the aims of thecharity.
RELATED PARTY DISCLOSURES
Therewere no related partytransactions fortheyearended 31 De￿mber 2021.
ULTIMATE CONTROLLING PAR
The charity is controlled by Hereford Cathedr21 on the b3ST5 that the Chapter of the Cathedral is the 501e trustee of
thecharify. Hereford Cathedral ischarity but as an ecclesiastical corporation 15 not required to be registeredwth the
Charity Commission. A copy of the Consolidated accounts of the cathedral may be obtained from its principal office
tthe addre55shown on page 2.
Page 12