2023-12-21-accounts

ontents
				Page
Charity,	Reference and	Administrative	Details
Trustees'	Annual Report
Independent Examiner's		Report
Statement of Financial		Activities
Balance	Sheet
Notes to	the Accounts			10

Charity registration	Charity registration	Charity registration	number		229911
Trustees	during the two years reported
and up to	the date ofsigning
M Lakin					Master, 2024 (appointed			15'"February 2024)
					Free Warden 2023, Foreign Warden 2022
A Robson					Free Warden, 2024
					Foreign Warden,	2023		(appointed	16"February 2023)
D Naidu					Foreign Warden,	2024		(appointed	15'"February 2024)
P S Dove					Master, 2023 (resigned			15'"February 2024)
					Free Warden 2022, Foreign Warden 2021
Rear Admiral		A P Hoddinott		CBOBE	Chairman
R P King					Chief Executive	Officer
Registered		office			C Chitty,
					The Clerk,
					The Worshipful	Company of Fan			Makers,
					Saddlers' House,
					44, Gutter Lane,
					London,
					EC2V 6BR
Bankers					National Westminster		Bank PLC
					PO Box 12258
					1 Princes Street
					London
					EC2R 8PA
Investment		managers			Investec Wealth	8 Investment
					15Lauriston Place
					Edinburgh
					EH3 9EN

						2023		2022
					Unrestricted	Restricted
					funds	funds	Total	Total
				Note				E
Income and endowments			from:
Donations				I	36,786	0	36,?86	37,381
Investment income				2	24,642	23,649	48,291	42,503
Bequests and Legacies				3	3Q,000		30,000	71,442
Total income					91,428	23,649	115„077	151,326
Expenditure on:
Administration				4	193		193	224
Charitable activities				5	63,025	35,035	98,060	102,849
Total expenditure					63,218	35,035	98,253	103,073
Surplusl(Deficit)	during the				28,211	(11,387)	16,824	48,253
year
Net gains /(losses)		on		7	19,797	12,66Q	32,457	(249,894)
investments
Net movement in	funds
					48,008	1,273	49,281	(201,641)
Reconciliation offunds:
Total funds brought		forward		11	790,583	680,314	1,470,897	1,672,538
Total funds carried forward				11	838,591	681,587	1,520,178	1,470,897

					2023	2022
				Note
Current assets
investments					1,505,046	1,472,589
Debtors					12,&23	11,607
Cash at bank and	in	hand			?2,144	63,385
					1,590,013	1,547,582
Creditors: amounts		falling	due within one year	10	(69,835)	(76,684)
Net current assets I(liabilities)					1,520,178	1,470,897
Total assets less	current		liabilities		1,520,178	1,470,897
Charity Funds
Restricted funds				11	681,587	680,314
Unrestricted funds				11	838,591	?90,583
Total charity funds					1,520,178	1,470,897

1	Income	fro	m dona	tions
						2023	2023	2023	2022
						Unrestricted	Restricted E	Totalf	Total E
	Poor Box					340		340	260
	Annual	Donations		from	Liverymen	36,446		36,446	37,121
						36,786		36,'786	37,381
2	Income from investments
						2023	2023	2023	2022
						Unrestricted	Restricted	TOtal	Total
						F			E
	Bank interest receivable					242	0	242	8
	Return on		investments			24,400	23,649	48,049	42,495
						24,642	23,649	48,291	42,503
3	Income from bequests				and legacies
								2023	2022
								Total	Total
	Heritage		Craft Fund Designated					30,000	71,442
								30,000	71,442
4	Allocation		ofsupport costs
								2023	2022
								Total	Total
	Service	charges						193	224

Fan Museum
World Heartbeat Music Academy	1,000	2,000
LSOCreate	560	3.,500
intoUniversity	Z,GOG
CPotential	3,060
React	3,500
Stepney City Farm	4,000
Build Up	2,500
The Bridge School.
Lansbury Lawrence School	2,000
Treioar School	2,000
Cranfield Bursary
CiBSEPrizewinner		1,500
City ofl.ondon Academy	100		Mo
i ord Mayors Appeal			3„600
Sheriff 8 Recorders Fund			1,500
StPauVs Cathedral			1,000
Cadet Forces ofLondon	1,500		1,500
Headway East London	2,500		2,506
M8cuiar Society	3,000		3,GGO
CaveK Nurses Trust	3,600		3,060
London Air Ambulance	1,060		1,600
YourPlace (formerly Caritas Anchor House)	5„0QO		5,060
Providence Row			5,060
St.Michael's Fellowship	2,500		Z,500
Hackney Quest	2,500		2,500
StGiles' Trust			3,566
The Soup Kitchen			5,066
West Dean Coilege		16,436	16,430
University ofthe Arts London
Solace Women*s Appeal
SSAFA
RNU
	63,100

Investments
			2023	2022
			Total	Total
Cost or valuation
At 22 December 2022			1,472,589	1,671,041
Additions			0	71,442
Revaluation			32,45?	(249,894)
At 21 December 2023			1,505,046	1,472,589
At 21 December 2022			1,472,589	1,671,041
Investments	at fair value comprise:
			2023	2022
Equities			1,493„560	1,458,717
Cash within	investment	portfolio	11,486	13,872
			1,505,046	1,472,589

										1,505,046 1,472,589	1,505,046 1,472,589
The fair value		oflisted	investments		is determined		by	reference to the quoted		price for identical assets
in an	active	market	at the balance			sheet date.		At 20th	May 2024 the	market value	of these
investments		eras F1,567,000.
8	Debtors
										2023	2022
										Total	Total
	Other	debtors								12,823	11,607
9	Cash and Bank
										2023	2022
										Total	Total
											F
	Cash	at Bank								72,144	63,385
10	Creditors: amounts			falling	due within one			year
										2023	2022
	Grants	Payable
										68835	76684

1 Fund reconciliation	1 Fund reconciliation	s
Unrestricted funds
		Balance at 22 Dec 2022	Income	Expenditure	Transfers	Gains I (losses)	Balance at 21 Dec2023
The Poor	Fund	466,316	53„890	(53,472)		11,746	478,479
The Cook	Fund	4,777	175	(548)		120	4,525
Hector Young Fund		80,209	2,942	(9,198)		2,020	75,974
Craft fund	designate	239,282	4,421		30,000	5,911	279,613
		790,583	61,428	63,218	30,000	19,797	838,591
Restricted funds
		Balance at 22 Dec 2022	income	"P nd' "	Transfers	Gains I (losses)	Balance at. 21 Dec2023
The Poor	Fund-
Latchford		92,653	3,398	(3,500)	0.00	2,334	94,885
The Poor	Fund - CIBSE	45,375	1,664	(1,500)	0.00	1,143	46,6&2
The Poor	Fund - Museum	319,126	11,830	(11,830)	0.00	4,376	323,502
Cranfield	Fund	156,391	5,522	(5,925)	0.00	3,158	159,146
Craft Fund		66,769	1,234	12,280	0.00	1,649	57,372
		680,314	23,649	35,035	0.00	12,660	681,587
Total funds		1,470,897	85,077	98,253	30,000	32,457	1,520,178

			Balance at 22 Oec 2021	Income	Expenditure	Transfers	Gains I {losses)	Balance at 21 Dec 2022
The Poor	Fund		546,888	52,851	(55,058)		(78,363)	466,316
The Cook	Fund		6,087	172	(610)		{872)	4,777
Hector Young		Fund	102,212	2,891	{10,249)		(14,646)	80,209
Craft fund	designate		204,058	2,793		71,442	(39,011)	239,282
			859,244	58,708	( 65,918)	71,442	(132,893)	790,583
Restricted	funds
			Balance at				Gains /	Balance at
			22 Dec2021	Income	Expenditure	Transfers	(losses)	21Oec 2022
				f	f	f
The Poor	Fund-
Latchford			108,648	3,073	(3,500)		(15,568)	92,653
The Poor	Fund	—CIBSE	52,966	1,498	(1,500)		(7,589)	45,375
The Poor	Fund	- Museum	367,114	10,307	(10,307)		{47,988)	319,126
Cranfield	Fund		183,818	4,918	{5,750)		(26,595)	156,391
Craft Fund			100,748	1,379	(16,097)		(19,261)	66,769
			813,294	21,176	(37,154)		(117,001)	680,314
Total funds			1,672,538	79,884	(103,072)	71,442	(249,894)	1p470,897

Previous year 2022
	Unrestricted	Restricted	2022
	funds	funds	Total
Cash and current investments	855,660	680,314	1,535,974
Other current assets I liabilities	(65,077)		{65,077)
Total	790,582	680,314	1,470,897