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|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||||
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|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||
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|||||||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|||||
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||||||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||
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|||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|
##
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||||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|
##
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|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|
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