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