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2020-12-21-accounts

Contents
			Page
Charity, Reference and	Administrative	l3etails
Trustees' Annual Report
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts

Dr J Bines		Master 2019(re	signed	20	'" February 202
Rear Admiral	A P Hoddinott CBOBE	Chairman
R P King		Chief Executive	Officer
Registered	oNce	Martin J Davies	Esq,
		The Clerk,
		The Worshipful	Company		of Fan Makers,
		Skinners' Hall,
		8 Dowgate Hill,
		London,
		EC4R 2SP
Bankers		National VVestminster		Bank PLC
		PO Box12258
		1 Princes Street
		London
		EC2R 8PA
investment	managers	Investec Wealth	8 Investment
		15Lauriston Place
		Edinburgh
		EH3 9EN

Her Honour C V Bevington	Poverty
I Block	Heritage	Craft Project
J Bray	Health
G Cannell	Children
RJack	Cranfield	University
R P King	CEO
M Kitson	Arts
Dr H Marr	Children
D Murphy	Poverty
C Owen	Communication
P Payne	Investments

						2020		2019
					Unrestricted	Restricted
				Note	funds F	funds	Totalf	Total F
Income and endowments			from:
Donations and legacies				1	45,235	3,694	48,929	36,127
Investment income				2	23,710	15,509	39,219	43,784
Other income				3	-	0	0	12,726
Total income					68,945	19,203	88,148	92,637
Expenditure on:
Administration				4			0	99
Charitable activities				5	76,850	39,457	116,307	81,241
Total expenditure					76,850	39,457	116„307	81,340
Surplusl(Deficit)	during the				(7,905)	(20,054)	(28,159)	11,297
year
Net gains i (losses)		on		7	(24,900)	(23,856)	(48,756)	128,971
investments
Net movement in	funds				(32,805)	(44,110)	(76,915)	140,268
Reconciliation offunds:
Total funds brought		forward		11	634,187	692,212	1,326,399	1,186,131
Total funds carried forward					601,382	648,102	1,249,484	1,326,399

									2020	2019
								Note
Current assets
Investments									1,237,0?9	1,210,835
Debtors									8,660	8,924
Cash at bank	and	in	hand						80,717	114,297
									1,326,456	1,334,056
Creditors: amounts			falling due within		one year			10	(76,972)	(7,657)
Net current	assets I(liabilities)								1,249,484	1,326,399
Total assets	less	current liabilities							1,249,484	1,326,399
Charity Funds
Restricted funds								11	648,102	692,212
Unrestricted	funds							11	601„382	634,187
Total charity	funds								1,249,484	1,326,399
The financial	statements			were approved	and authorised for issue by			the Board.
Signed on behalf		of the Board ofTrustees on ... .t 'o.H.. .@ruhr.					-.s.-.. .Lre CA
G ramall,	Master		and	Trustee
A P Hoddinott, Chairman				ofthe Charities	Committee	and Trustee

					2020	2020	2020		2019
					Unrestricted	Restricted	Total		Total
	Poor Box								220
	Annual Donations		from Liverymen		26,985	3,694	30,679		35,907
	Covid Appeal				18,250		18,250
					45,235	3,694	48,929		36,127
2	Income from investments
					2020	2Q2Q	2020		2Q19
					Unrestricted	Restricted	Total		Total
						'E			F
	Bank interest receivable					55	55		180
	Return on	investments			23,710	15,454	39,164		43,604
					23,710	15,509	39,219		43,784
3	Other income
							2020		2019
							Totalf		Total
	Bequests	and gifts-
	Cranfield Heritage	University Craft Fund		Fund					6,476 6,250
									12,726
4	Allocation	ofsupport costs
								2020	2019
								Total	Total
								F

		2020	2020	2020	2019
		Unrestricted	Restricted
Fan Museum			10,957	10,957	13,241
World Heartbeat Music Academy		1,000	2,000	3,000	2,000
LSO Create		500	1,500	2,000	1,500
lnloUniversity		2,000		2,000	2,000
CPotential		2,500		2,500	2,500
React		6,650		6,650	3,000
Stepney City Farm The Archway Project The Bridge School		2,500 3,000 2,000		2,500 3,000 2,00Q	2,500 3,000 2,000
Young 8 Inspired					2,000
Coram		1,500		1,500	1,500
Cranfield Bursary			5,750	5,750	5,000
CIBSEBursary City of London Academy		100	1,5QO	1,500 100	1,500 100
Lansbury Lawrence	School	2,500		2,500	2,500
Lord Mayors Appeal		3,000		3,00Q	3,000
Sheriff 8 Recorders	Fund	1,500		1,500	1,500
St Paul's Cathedral		1,000		1,000	1,000
Treloar School		2,000		2,000	2,000
Cadet Forces of London		1,500		1,500	1,500
Girdlers					900
Headway East London		2,500		2,500	2,500
Macular Society Caritas Anchor House		3,000 7,400		3,000 7,400	3,000 3,000
Marylebone Project					1,500
Providence Row		8,650		8,650	5,000
Solace Women's Appeal		7,650		7,650	3,500
St Giles' Trust		8,650		8,65Q	4,500
The Soup Kitchen SSAFA		3,250 2,500		3,250 2,500	3,000 2,500
West Dean College University ofthe Arts London			9,250 8,500	9,25Q 8,500
		76,650	39,457	116,307	81,241

			2020	2019
			Total	Total
				f
Cost or valuation
At 22 December 2019			1,210,835	1,075,388
Additions			75,000	6,476
Revaluation			{48,756)	128,971
At 21 December 2020			1,237,079	1,210,835
At 21 December 2019			1,210,S35	1,075,388
Investments	at fair value	comprise:
			2020	2019
Equities			1,215,150	1,169,874
Cash within	investment	portfolio	21,929	40,961
			1,237,079	1,210,835

8	Debto	rs
			2020	2019
			Totalf	Total
	Other	debtors	8,660	8,924
9	Cash	and Bank
			2020	2019
			Total	Total
	Cash	at Bank	80,?17	114,297

Unrestricte	d funds
		Balance at 22 Dec 2018	Income	Expenditure	Transfers	Gains / (losses)	Balance at 21Dec2019
The Poor Fund		456,5Q2	53,137	(47,647)	(1,000)	54,537	515,528
The Cook Fund		6,262	247	(587)		748	6,670
Hector Young Fund		105,144	4,148	(9,864)		12,561	111,989
		567,908	57,533	(58,Q99)	(1,000)	67,846	634,187
Restricted	funds
		Balance at 22 Dec 2018	Income	Expenditure	Transfers	Gains/ {losses)	Balance at 21Dec2019
The Poor	Fund-
Latchford		93,762	3,699	(3,5QQ)		11,201	105,162
The Poor	Fund - CIBSE	9,84Q	1,388	{1,500)	1,000	1,176	'I1,904
The Poor	Fund - Museum	322,204	'I3,241	{13,241)		37,170	359,374
Cranfield	Fund	97,593	3,870	(5,000)	6,476	11,578	114,517
Craft Fund		94,824	180		6,250		101,254
		618,224	22,379	23,241	13,726	61,125	692,212
Total funds		1,186,131	79,911	81,340	12,726	128,971	1,326,399

Analysis ofnet ass	ets betw	een funds
				2020
Current year 2020		Unrestricted funds	Restricted funds
Cash and current investments		671,694	648,102	1,319„796
Other current assets	/
liabilities		(70,312)		{70,312)
Total		601,382	648,102	1,249,484
Previous year 2019		Unrestricted funds	Restricted funds	2019 Total
Cash and current investments		632,920	692,212	1,325,132
Other current assets liabilities	/	1,267		1,267
Total		634,187	692,212	1,326,399