2021-09-30-accounts

Contents	Pages
Legal and administrative information	1
Report of the Trustees	2
Independent examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notes forming part of the financial statements	7−12

Statement of financial a	ctivities	for the year e	nded 30 Sep	tember 2021
					Restated
	Notes	Unrestricted	Restricted	Total	Total
		Funds	Funds	2021	2020
				£.	£.
Income
Donations	3	17,820	−	17,820	9,162
Investment income	4	101,728	4,047	105,775	93,802
Total income		119,548	4,047	123.595	102,964
Expenditure
Cost of generating funds:
Investment managers fees		17,124	552	17,676	17,426
Charitable activities:
Grants payable	6	54,685		54.685	45,586
Support costs •	6	32,100	−	32,100	45,280
Total expenditure		103,909	552	104,461	108,292
Net income (expenditure)
before investment gains
and losses		15,639	3,495	19,134	(5,a28)
Gains and losses on
revaluations and disposal of
investment assets	9	536,740	82	536,822	(326,837)
Net income (expenditure)
and net movement in funds		552,379	3,577	555,956	(332,165)
Total funds brought forward		2,924,507	76,208	3,000,715	3,332,880
Total funds carried forward		3,476,886	79,785	3,556,67t	3,000,71−5

		Unrestricted	Restricted	Total	Total
		Funds	Funds	2021	2020
			E
Gift aid	donations	17,820		17,820	9,162
		17,820		17,820	9,162

fo	r the year ended 30 September 2	021 (cont)
4.	Investment Income
		Unrestricted	Restricted	Total.	Total
		Funds	Funds	2021	2020
		E	E	E	E
	Dividends — Listed investments	101,728	4,047	105,775	93,802
		101,728	4,047	105,775	93,802

5.	Grants payable
		2021	2020
		E
	Scholarships	38,982	34,395
	Beloe fellowship	7,500
	Dining scholars	2,018	514
	Assistance to Liverymen	3,410	1,122
	Service awards and dinners	1,300	2,900
	General and church grants	1,475	6,655
		54,685	45,586
6.	Allocation of support costs
		Total	Total
		2021	2020
		E
	Fees
	Office costs	2,475	7,346
	Administrative expenses	26,145	34,454
	Independent examiners fee	3,480	3,480
		32,100	45,280

Tangible fixed assets
	Equipment
	fixtures and
	fittings
Cost:
At 1 October 2020 and 30 September 2021	2,407
Depreciation:
At 1 October 2020 and 30 September 2021	2,407
Net book value:
At 30 September 2021 and 30 September 2020

9.	Investments
			2021	2020
	Market value at 1 October 2020		2,761,766	3,116,407
	Additions at cost		150,435	58,019
	Disposals		(133,861)	(85,823)
	Net realised and unrealised gain/(loss)		536,822	(326,837)
	At 30 September 2021		3,315,162	2,761,766
	Cash in hand		244,970	249,445
			3,560,132	3,011,211
	Historical Cost as at 30 September 2021		2,368,895	2,269,016
		Non UK	UK	Total
		£	£	£
	Investments	1,487,845	1,827,317	3,315,162
**10. **	Debtors
			2021	2020
	Other debtors		7,199	9,975
			7,199	9,975

Creditors: amounts falling due within one year
	2021	2020
		E
Amounts owed to related undertakings		682
Other creditors	17,354	20,132
	17,354	20,814

Statement of funds
	Unrestricted	Restricted Funds
	Funds	Cohen Fund	Total funds
	E	E	E
Balance at 1 October 2020,	2,924,507	76,208	3,000,715
Income	119,548	4,047	123,595
Expenditure	(103,909)	(552)	(104,461)
Investment gains	536,740	82	536,822
Balance at
30 September 2021	3,476,886	79,785	3,556,671

	Unrestricted	Restricted	Total	Total
	Funds	Funds	2021	2020
	E	E	E	E
Tangible fixed assets	3,480,347	79,785	3,560,132	3,011,211
Current assets	13,893	−	13,893	10,318
Creditors: amount
falling due within one year	(17,354)	−	(17,354)	(20,814)
	3,476,886	79,785	3,556,671	3,000,715