2021-12-21-accounts

ontents
			Page
Charity, Reference and	Administrative	Details
Trustees' Annual Report
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet

J M A Bewes	J M A Bewes	Master, 2022 (appointed	Master, 2022 (appointed	17'"	February 2022)	February 2022)
		Free Warden 2021,2020
PS Dove		Free Warden, 2022 (appointed			17'"February 2021)
		Foreign Warden,	2020
M Lakin		Foreign Warden,	2022 (appointed			17'"February 2022)
CSBramall		Master 2020, 2021 (resigned			17"February 2022)
Rear Admiral	A P Hoddinott CBOBE	Chairman
R P King		Chief Executive	Officer
Registered	office	Martin J Davies	Esq,
		The Clerk,
		The Worshipful	Company	of Fan		Makers,
		Saddlers' Hall,
		44, Gutter Lane,
		London,
		EC2V 6BR
Bankers		National Westminster Bank PLC
		PO Box 12258
		1 Princes Street
		London
		EC2R 8PA
investment	managers	lnvestec Wealth	8 Investment
		15Lauriston Place
		Edinburgh
		EH3 9EN

Her Honour C V Bevington	Poverty	(resigned 1"
	January	2022)
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

						2021		2020
					Unrestricted	Restricted
					funds	funds	Total	Total
				Note	F	E
Income and endowments			from:
Donations					30,250	0	30,250	48,929
Investment income				2	20,074	18,682	38,?56	39,219
Bequests and Legacies				3	218,489	107,279	325,768	0
Total income					268,813	125,961	394,774	88,148
Expenditure on:
Administration				4	207		207	0
Charitable activities				5	58,600	21,107	'79,707	116,307
Total expenditure					58,80?	21,107	79,914	116,307
Surplus/(Deficit)	during the				210,006	104,854	314,860	(28,159}
year
Net gains / (losses) investments		on		7	47,856	60,338	108,194	(48,756)
Net movement in	funds
					257,862	165,192	423,054	(76,915}
Reconciliation of	funds:
Total funds brought		forward		11	601,382	648,102	1,249,484	1,326,399
Total funds carried		forward		11	859,244	813,294	1,672,538	1,249,484

Balance Sheet a	s	at 21	December 2021
					2021	2020
				Note		E
Current assets
investments					1,671,041	1,237,079
Debtors					9,230	8,660
Cash at bank and	in	hand			64,016	80,717
					1,744,287	'1,326,456
Creditors: amounts		falling	due within one year	10	(71,749)	(76,972)
Net current assets l (liabilities)					1,672,538	1,249,484
Total assets less	current		liabilities		1,672,538	'l,249,484
Charity Funds
Restricted funds				11	859,244	648,102
Unrestricted funds				11	813„294	601,382
Total charity funds					1,672,538	1,249,484

1	Income	from donations	from donations	from donations
						2021	2021	2021	2020
						Unrestricted	Restricted	Total	Total
	Poor Box					350		350
	Annual	Donations		from	Liverymen	29,899		29,899	30,679
	Covid Appeal								18,250
						30,249		30,249	48,929
2	Income	from investments
						2021	2021	2021	2020
						Unrestricted	Restricted	Total	Total
								f
	Bank interest receivable						2	2	55
	Return	on	investments			20,005	18,750	38,755	39,164
						20,005	18,752	38,757	39,219
3	Income	from bequests			and legacies
								2021	2020
								Total	Total
								P.
	Poor Fund							56,498
	Granfield Heritage		University Fund Craft Fund Designated					65,781 203,489
								325,768
4	Allocation		ofsupport costs
								2021	2020
								Total	Total
	Service charges							207

alysis ofgrants
		2021	2021	2021	2020
		Unrestricted	Restricted
Fan Museum			10,407	10,407	10,957
World Heartbeat Music Academy		1,000	2,000	3,000	3,000
LSO Create		500	1,500	2,QQQ	2,000
IntoUniversity		2,000		2,QOQ	2,000
CPotential		2,500		2,500	2,500
React		3,000		3,000	6,650
Stepney City Farm		2,500		2,500	2,500
The Archway Project					3,000
Inspire Education BP		1,500		1,500
Build Up		2,500		2,500
The Bridge School		1,QOO		1,000	2,000
Coram		1,500		1,500	1,500
Cranfield Bursary			5,750	5,750	5,750
CIBSEPrizewinner			1,500	1,500	1,500
City of London Academy		100		100	100
Lansbury Lawrence	School	2,500		2,500	2,500
Lord Mayors Appeal		3,00Q		3,000	3,000
Sheriff 8 Recorders	Fund	1,50Q		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		1,5QO	1,500
Headway East London		2,500		2,500	2,500
Macular Society		3,000		3,000	3,000
Cavell Nurses Trust		3,000		3,00Q
Caritas Anchor House		3,750		3,750	7,400
Providence Row		5,000		5,000	8,650
Solace Women's Appeal		4,000		4,000	7,650
St Giles' Trust		5,QQO		5,000	8,650
The Soup Kitchen		3,250		3,250	3,250
SSAFA		2,500		2,500	2,500
West Dean College					9,250
University ofthe Arts	London		7,200	7,200	8,500
		61,600	28,357	89,957	116,307
Unpaid in 2Q2Q
Cranfield			(5,750)	(5,?50)
Archway		{3,000)		(3,000)
CIBSE			{1,500)	{1,500)
Net grants 2021		58,600	21,107	79,707

Investments
					2021	2020
					Total	Total
						f
Cost or valuation
At 22 December 2020				1,237,079		1,210,835
Additions					325,768	75,000
Revaluation					108,194	(48,756)
At 21 December 2021				1,671,041		1,237,079
At 21 December 2020
				1,237,079		1,210,835
Investments	at fair value	comprise:
					2021	2020
					f	f
Equities				1,633,348		1,215,150
Cash within	investment	portfolio		37,693		21,929
				1,671,041		1,237,079
The fair value	of listed investments		is determined	by reference to the quoted price for identical assets		in an active
market at the	balance sheet date. At 24th July 2022 the market value ofthese investments				was f1,478,000.
Debtors
					2021	2020
					Total	Totalf
other debtors					9,230	8,660
Cash and Bank
					2021	2020
					Totalf	Total f
Cash at Bank					64,016	80,717

reditor	s: amounts falling due within one year
		2021f	2020f
Grants	Payable	71749	76 972

			Balance at 22 Dec 2020	Income	Expenditure	Transfers	Gains I {losses)	Balance at 21 Dec 2021
The Poor	Fund		494,601	46,703	(48,365)	15,000	38,948	546,887
The Cook	Fund
			6,002	200	(587)		472	6,087
Hector Young		Fund	100,779	3,352	(9,855)		7,936	102,212
Craft fund	designated			69		203,489	500	204,058
			601,382	50,324	{58,807)	218,489	47,856	859,244
Restricted	funds
			Balance at				Gains /	Balance at
			22 Dec2020	Income	Expenditure	Transfers	(losses)	21,Dec2021
The Poor	Fund-
Latchford			100,852	3,354	(3,500)		7,942	108,648
The Poor	Fund	—CIBSE	10,313	343		41,498	812	52,966
The Poor	Fund	- Museum	334,257	10,407	(10,407)		32,857	367,114
Cranfield	Fund		105,128	3,325		65,781	9,584	183,818
Craft Fund
			97,552	1,253	(7,200)		9,143	100,748
			648,102	18,682	(21,107)	107,279	60,338	813,294
Total funds			1,249,484	69,006	(79,914)	325,768	108,194	1,672,538

Unrestricted funds
	Balance at 22 Dec2019	Income	Expenditure	Transfers	Gains / (losses)	Balance at 21 Dec2020
The Poor Fund	515,528	65,200	(65,886}		(20,241)	494,601
The Cook Fund	6,67Q	210	(616)		(262}	6,002
Hector Young Fund	111,989	3,535	(10,348)		(4,397)	100,779
	634,187	68,945	(76,850)		(24,90Q)	601,382

			Balance at				Gains /	Balance at
			22 Dec2019	Income	Expenditure	Transfers	(losses}	21Dec2020
The Poor	Fund	—Latchford	105,162	3,319	(3,500)		(4,129)	100,852
The Poor	Fund	—CIBSE	11,904	376	(1,500)		(467)	10,313
The Poor	Fund	—Museum	359,374	10,957	(10,957}		{25,117)	334,257
Cranfield	Fund		114,517	3,868	(5,750)		{7,507)	105,128
Craft Fund			101,254	684	(17,750)		13,364	97,552
			692,212	19,203	(39,457)		(23,856)	648,102
Total funds			1,326,399	88,148	(116,307)		(48,756)	1,249,484

Analysis ofnet asse	ts betwe	en funds
Current year 2021		Unrestricted funds	Restricted funds	2021 Total
Cash and current investments		724,955	1,010,102	1,735,057
Other current assets	/
liabilities		(62,519)		(62,519)
Total		662,435	1,010,102	1,672,538
Previous year 2020		Unrestricted 'funcls	Restricted funds	2020 Total
			F	f
Cash and current investments		671,694	648,102	1,319,796
Other current assets liabilities	/	(70,312)		(70,312)
Total		601,382	646,102	1,249,484