## ## ## |Contents||Page| |---|---|---| |Trustees'
Annual
Report||1-4| |Independent
Examiner's|Report|5| |Statement of Financial Activities||6| |Balance Sheet||7| |Notes to the Accounts||8-14| |Detailed Statement ofFinancial Activities||15| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Permanent|Restricted|Total|Permanent|Restricted|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||||Endowment|Funds|Funds|Endowment|Funds|Funds| ||||||2022|2022|2022|2021|2021|2021| |||||Note|||f|f|6|| |INCOME AND ENDOWMENTS||||FROM:||||||| |Investments||||3||125,546|125,546||149,581|149,581| |Total income and|endowments|||||125,546|125,546||149,581|149,581| |EXPENDITURE ON:||||||||||| |Portfolio management||fees|||31,079||31,079|28,026||28,026| |Grants||||||60,557|60,557||60,730|60,730| |Grant administration||||||551|||1,000|1,000| |Recharged costs||||||25,764|25,764||15,609|15,609| |Governance
costs||||||2,520|2,520||3,240|3,240| |Other||||||193|193||138|138| |Exchange rate variance||||||2,201|2,201|||| |Total expenditure|||||31,079|91,785|122,314|28,026|80,717|108,743| |Net gains/(losses)|on|investments|||503,518||503,518|678,204||678,204| |Net incoming/(outgoing)|||resources||472,439|33,761|506,200|650,178|68,864|719,042| |Other recognised|gains/(losses):|||||||1,176||1,176| |Net movement
in funds|||||472,439|33,761|506,200|851,354|68,884|720,222| |Reconciliation
offunds:||||||||||| |Total funds brought|forward||||4,789,588|310,922|5,100,510|4,138,234|242,058|4,380,292| |Total funds carried forward|||||5,262,027|344,683|5,606,710|4,789,588|310,922|5,100,510| ## ## |||AS AT 3|1 MARCH 202|2||| |---|---|---|---|---|---|---| |||Note|f|2022
f||2021f| |FIXEDASSETS||||||| |Investments||||5,349,192||4878 741| |||||8 349 192||4878741| |CURRENT ASSETS||||||| |Debtors||12|266||36,503|| |Cash at bank and in hand|||260,247||189,742|| ||||260,513||226,245|| |CREDITORS: Amounts|falling|||||| |due within one year||13|(2,995)||(4,476)|| |Net current assets I(liabilities)||||257,518||221,769| |Total assets less current liabilities||||5,606,710||5,100,510| |TOTAL NET ASSETS||||5,606,710||5,100,510| |FUND BALANCES||||||| |Permanent
Endowment|fund|14||5,262,069||4,789,588| |Restricted Income funds||||344,641||310,922| |||||5,606,710||5,100,510| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |4|Raising funds||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||2022|2021| |||||||||||||f|| ||Investment
management|||costs|||||||||| ||Portfolio management|||||||||||31,037|28,026| |||||||||||||31,037|28,026| |5|Grants payable||||||||||||| |||||||Bexley|Greater||Persons|in|Total||Total| |||||||Fund|London||Need Fund|||2022|2021| ||||||||Fundf||||||| ||Stepney City Farm||||||15,000|||||15,000|| ||St. Paul's Cathedral|t|||||2,191|||||2,191|| ||Lord Mayor's Appeal||||||1,000|||||1,000|| ||St.Vedast||||||650|||||650|| ||Historic Royal Palaces||||||2,500|||||2,500|| ||Jubilee Primary School||||||5,000|||||5,000|| ||StPaul's (Slade Green)||Primary School||||5,000|||||5,000|| ||Christ's
Hospital School||||||||5,122|||5,122|| ||City of London School for Girls||||||||10,250|||10,250|15,500| ||Guildhall
School ofMusic &Drama||||||||1,525|||1,525|5,250| ||BVSCVarious 21/22||||12,318|||||||12,318|12,000| ||Livery Kitchen
Initiative||||||||||||2,000| ||JustB||||||||||||15,000| ||Headway
SELNWK||||||||||||2,000| ||Age UK Bexley||||||||||||1,971| ||Veterans
Club Bexley||||||||||||2,000| ||Belvedere Community|Ceigreenwich|||&||||||||3,009| ||Bexley Community
Hospice||||||||||||2,000| ||||||12,318||31,341||16,897|||60,557|60,730| |6|Recharged expenses||||||||||||| |||||||||||||2022|2021| |||||||||||||F|5| ||Staff costs|||||||||||25,000|15,000| ||Office costs|||||||||||764|609| |||||||||||||25,764|15,609| ||Staff costs and office|costs||are administration||costs|recharged|by|The Worshipful|||Company|ofWax| ||Chandlers. See note|16.|||||||||||| |7|Governance costs||||||||||||| |||||||||||||2022|2021| |||||||||||||F|6| ||Independent
Examiner's||fee|||||||||2,520|3,240| |||||||||||||2,520|3,240| ## ## ## ## ## ## |11|Fixed Asset|Investm|ents|||||| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| ||||||||6|6| ||Listed investments|||||||| ||Fair value|at 1 April 2021|||||4,878,741|4,227,474| ||Fees charged||||||(31,037)|(28,026)| ||Income re-invested||||||172|1,089| ||Movement|in unrealised||gains/(losses)|||503,518|678,204| ||Movement|in exchange||rate|||(2,201)|| ||Fair value|at 31 March 2022|||||5 349192|4 878 741| ||The asset allocation
within|||investments|was as follows:|||| ||||||||2022|2021| ||||||||F|8| ||UK Holdings||||||2,011,253|1,782,011| ||Overseas|Holdings|||||3,337,825|3,084,759| ||Cash held|for reinvestment|||||114|11,971| ||||||||5 349 192|4 878 741| ||No holdings
comprise||more than 5%of||the investment|portfolio|in 2022 and 2021.|| |12|Debtors|||||||| ||||||||2022|2021| ||||||||F|F| ||Investment|income|||||2|36,503| ||Other debtors and||prepayments||||264|| ||||||||266|36563| |13|Creditors: liabilities||falling due within||one year|||| ||||||||2022|2021| ||Other creditors||||||475|475| ||Accruals||||||2,520|4,001| ||||||||2,995|4 476| ## ## ## ## ## |Movem|ent|in funds||||| |---|---|---|---|---|---|---| |||||At 01.04.21|Net|At 31.03.22| ||||||Movement|| ||||||in fundsf|| |Restricted||funds||||| |Permanent||Endowment|Fund|4,789,588|472,439|5,262,027| |Bexley|Fund|||40,795|11,400|52,195| |Greater|London Fund|||186,847|15,542|202,389| |Persons|In Need Fund|||83,280|6,820|90,100| |TOTAL|FUNDS|||5,100,510|506,200|5,606,710| ## |During|the|year the m|ovements
in the|charity's
funds were|as follows:||| |---|---|---|---|---|---|---|---| |||||Incoming|Outgoing|Gains and|Movement| |||||resources|resources|losses|in funds| |||||8||9|| |Restricted||funds|||||| |Permanent||Endowment|Fund||(31,079)|503,518|472,439| |Bexley|Fund|||31,387|(19,987)||11,400| |Greater|London Fund|||62,773|(47,232)||15,542| |Persons|In Need Fund|||31,387|(24,567)||6,820| |TOTAL|FUNDS|||125,546|~122,8641|503,518|506,200| ## ## |Comparatives|for movement|for movement|in funds||||| |---|---|---|---|---|---|---|---| ||||||At 01.04.20|Net|At 31.03.21| |||||||movement|| |||||||in funds|| ||||||6||| |Restricted funds|||||||| |Permanent
Endowment||Fund|||4,138,234|651,354|4,789,588| |Bexley Fund|||||32,127|8,668|40,795| |Greater London|Fund||||138,549|48,298|186,847| |Persons
In Need Fund|||||71,382|11,898|83,280| |TOTAL FUNDS|||||4,380,292|720 218|5,100510| |Comparative
net movement|||in funds, included|in the above|are as follows:||| |||||Incoming|Outgoing|Gains and|Movement| |||||resources|resources|losses|in funds| ||||||6||6| |Restricted funds|||||||| |Permanent
Endowment||Fund|||(26,850)|678,204|651,354| |Bexley Fund||||37,395|(28,727)||8,668| |Greater London|Fund|||74,791|(26,493)||48,298| |Persons
In Need Fund
TOTAL FUNDS||||37,395
149581|(25,497)
~707567|678204|11,898
720218| |Analysis offunds|||||||| |||||Fixed|Current|Current|Total| |||||Assets|Assets|Liabilities|| |At 31-03-22
Restricted||||5,349,192
5,349,192|6
6
260,513 ~2,995
260,513 ~2,005||6
5,606,710
5,606,710| |At 31-03-21|||||||| |Restricted||||4,878,741
4,878,741|226,245
(4,476)
226,245 ~4,470||5,100,510
5,100.510| ## ## ## ## ## ## ## ## ## ## |DETAILED P|ROF|IT AND LOSSACCOUNT FOR THE Y|EAR ENDED 31 MARCH|2022| |---|---|---|---|---| ||||31.03.2022|31.03.2021| |||||E| |INCOME AND ENDOWMENTS||||| |Investment
income||||| |Other investment
income|||125,546|149,581| |Total incoming resources|||125,546|149,581| |EXPENDITURE||||| |Investment
management||costs||| |Porffolio management|||31,079|28,026| |Charitable
activities||||| |Grants|||60,557|60,730| |Grant making costs|||551|1,000| |Staff costs|||25,000|15,000| |Office costs|||764|609| |Governance costs||||| |Accountancy fees|||2,520|3,240| |Other||||| |Bank charges|||193|138| |Exchange rate variance|||2,201|| |Total resources expended|||122,864|108,743| |Net income/(expenditure)||before gains and losses|2,682|40,838| |Realised recognised|gains and losses|||| |Realised gains/(losses)|on|investments||1,176| |Net income/(expenditure)|||2,682|42,014|