The Poor Fund of The Worshipful Company of Fan Makers Financial Statements Period Ended 21 December 2024 Charity reglstralion number,. 229911
The Poor Fund of The Worshipful Company of Fan Makers For the year ended 21 December 2024 Contents Pag Charity, Reference and Administrative Details Trustees, Annual Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes lo the Accounts 10
The Poor Fund of The Worshipful Company of Fan Makers For the year ended 21 December 2024 Charity, Refernnc8 and Administrative Detalls Charty registration number 229911 Trustees during the two years reported and up to the datg of signing A Rob5on Master, 2025 lappoinled 16th February 20231 Free Warden 2024, Foreign Warden 2023 D Naidu Free Warden, 2025 Foreign Warden, 2024 lappoinled 15th February 20241 C Turner Foreign Warden, 2025 {appoinled 13th February 20251 Master, 2024 (resigned 13th February 20251 Free Warden 2023, Foreign Warden 2022 M Lakin Rear Admiral A P Hoddinoll CB OBE Chairman RPKing Chief Executive OffIr Registered office C Chitty. The Clerk, The Worshipful Company of Fan Makers. Saddlers, House, 44, Gutter Lane. London, EC2V 68R Bankern National Westminster Bank PLC PO Box 12258 1 Princes Street London EC2R 8PA Invgstment managers Ralhbones 10 George Street Edinburgh E42 2PF
The Poor Fund of The Worshipful Company of Fan Makers For the year ended 21 December 2024 Trustees, Annual Rèport The Trustees present their port and the financial statements of the charity for the year ended 21 December 2024. The Trustees have adopted the provisions of the Statement of Recommended Practi ISORPI 'Accounting and Reporting by Charities" {FRS 1021 in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies Sel out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Report4ng by Charities.. Statement of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 la5 amended by Update Bultin 1 published on 2 February 2016}. Trustees of the charity The Trustees are ex officio, the Master and Wardens of The Worshipfvl Company of Fan Makers together with the Chaimian and Chief Executive Officer of the Charities Committee. The trustees who have served during the year and since the year end can be found in the Charity Reference and Administrative details page of these financial statements. (Page 3} The Trustees mel lee in 2024 The Trustees are joined in their delIbetionS by members of the Court and Livery of The Worshipful Company of Fan Makers. In 2024 the Trustees were assisted by.. Mrs Llveryman T Bartlett Past Master J H Hughes (appointed 21st February 20191 Together wlh the Trustees, this body constitutes the Charities Committee of The Worshipful Company of Fan Makers. C Chity acts as Secretary lo the Committee. To improve the governance of the Charities, in 2018 a working group of Liverymen was established to oversee their day to day running. There are now e1ve Liverymen in the working group conducting the business of visiting our charities and reviewing their aclivilies. overseeing investments 8nd other supporting activities. Obje¢tlves and activ5tle8 The Poor Fund has general charitable objectives sel out in the Deed of Trust. the governing document. Grants are made to registered charities that have strong links with London or the trades and crafts related to the Worshipful Company of Fan Makers Grants In 2024 grants re18ting to the traditional craft of fan maklng provided £11,837 to The Fan Museum at Greenwich and £22,232 for a project to revitalise the craft of fan making in Britain. Modem manifestations of fan making were supported by tsvo bursaries, one al Cranfield University to Pay the fees of one sludenl, who could not otherwise afford lo do so, to attend the Msc in Thermal Power,. another at South Bank University. in ollaboration with Chartered Institution of Building Services Engineers ICIBSEI, supports a sludenl studying healing and ventilation engineering. Grants to London-linked Charrties this year arrN)unted to £67,600. A full list of grant recipients is al note 5 to the accounts. Public BenefSt statsment Trustees have had regard to Ihe gui¢Jance issued by the Charity Commission on public b6n8fit.
The Poor Fund of The Worshipful Company of Fan Makèrs For the year ended 21 December 2024 Trustees, Annual Report {¢ontinued) Pollcy on grant making Applications for grants are welcome. All new and repeal applications are assessed by the Charities Working Group, which makes recommendotions lo Trustees as to the priority and size of grants to be awarded. The criteria are.. A strong link to London or the trades and craft of fan making in its traditional and modern forms Falls within the categories the Arts., Children and Education", Health,. Povety and Destitution., Fan aking. The charities are commttted to equality, diversty and inclusion. The applying charity is one for which our SEe of grant would be meaningful. Trustees have a policy lo hold the number of grants made and, as resources allow, to in¢rease the size of grants. Trustees aim lo develop strong medium to long terni relatsonships with grant recipients. Achlovements and performaTrco Grants to London-link&J charities were £67,600 in 2024 {£68,100 in 20231. When grants to The Fan Museum, the bursaries at Cranfield and London South Bank Universities and the heritage craft project for fan making a added in, the total of grants in 2024 was £103,6701£98.060 in 20231. Finaneial Review The Poor Fund maintains rts sound financial position with total charty funds at Ihe end of the period of £1.564,8151£1,520,178 in 2023}. The SoUrS of fvnding are annual donations by members of the Livery £42,698 (£36,786 in 2023) and investment income £50,183 (£48,291 in 2023). The investments of the Poor Fund have benefited from generous bequests by members of the Livery, in 2024 fijrther funds from the estate of Liveryman Terry Cann, were received, prior years have benefftted from generous bequests from Liveryman David Aggett and Assistant Honoris Causa Jeffery Hordle, Past Masters Bernard Ross-collins, Michael Ross£ollins, Hector Young and Norman Latchford, 8n(J Liveryman Arthur James Cook. Investments are held by Investec Wealth and Management, invested lo produce income and sufficient capital growth to maintain long term value in real terms. Exceptionally within the Poor Fund, the Heritage Craft Fund portfolio is a sinkirig fund Truste. To•pon8lblllti? The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounling Standards (United Kingdom Generally ACpted A¢counting Praclicel The law applicable lo charities in England & Wales Tequires the Trustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity and of the Incoming resour$ and application of resources of the charity for that period. In preparing these financial statements, the trustees are rèquired lo.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP 2015 IFRS 1021., make judgements and estimates that are reasonable and prudent stsle whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. prepare the financial statements on the going concern basis unkss it Is inappropriate to presume that the charity will continue in operation.
The Poor Fund of The Worshipful Company of Fan Makers For the year ended 21 December 2024 Trustees, Annual Report {¢ontinugd) The Iruslees are responsible for keeping proper accountlng records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial stslemenls comply with the Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding e assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the board A P Hoddinott . Trustee and Chairman of the Charities Committee Is laLS
The PooT Fund of The Worshipful Company of Fan Makers For the year ended 21 December 2024 Independent Examlner's Report Independent Examlner's Report to the Trustees of The Worshlpful Company of Fan Makers Charilable Funds I report to the charity tnjstees on my examination of the accounts of the charlty for the year ended 21 December 2024 which are sel out on pgges 8 to 18. Responsibilities and basis of report As the challty's trustees Y( are responsible for the preparallon of the accounts in accordanc8 Wlth the requirements of the Charities Act 2011 {'the 2011 Acl'}. I report in respect of my examination of Ihe charity's accounts carried out under section 145 of the Charities Act 2011 I'the 2011 Ad'l- In carying out my examination I have followed the directions given by the Charity Commission under section 14515Mbl of the 2011 Act. Independent examinevs statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect= accounting records were not kept in respect of Ihe charity as required by section 130 of the 2011 Charities Act., or the accounts do not accord with those records; or the accounts do nol comply with the applicable requirements concerning the fom) and content ofaccounls Set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'twe and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Signed Beth Foster ACA The Hollies. Windmlll L8ne. Balsall Common, West Midlands, CV7 7GY Date
The Worshlpful Company of Fan Makers, Charltable Funds For the year ended 21 December 2024 Statement of Financial Activitles 2024 2023 Unreslricted Resiri¢ied nds funds Total Total Income and endowments from: Donatr'ons Investment income Bequests and Legacies 42,e98 26,513 5,211 42,698 50.183 5,211 36,786 48,2g1 30,000 23,670 Total incomg 74,422 23,670 98,092 115,077 Expendlture on.. Administration Charitsble activities 290 62,600 290 101,670 193 98,060 39,070 Total gxpenditure 62,890 39,070 101,960 98,253 SurplusllDeficltl durfng the year 11.532 {15NOO) (3,8681 16,824 Net gains l {losses) on investments 26,874 21,631 48,505 32,457 Net movgment In funds 38,4C 6,231 44,637 49,281 Reconciliation of funds: Total funds brought forward 11 838,591 681,587 1.520,178 1,470,897 Total funds carriod forward 11 876,997 687.818 1.564,815 1,520,178 All income and expenditure derive from continuing activities. The statement of financial aclivlb'es Includes als gains and losses ie¢ognised during the year.
The Worshlpful Company of Fan Makers. Charitable Funds For the year ended 21 Decèmber 2024 Balance Sheet as at 21 December 2024 2024 2023 Current assots Investments Debtor5 Cash at bank and in hand 1,553.551 13,656 63,450 1.630,657 1,505,046 12,823 72,144 1,590,013 Credltorn: amount8 falllng due within one year 10 165.842) 169,8351 Net CUTfgnt assets I Iliabilitigsl 1,564.815 1,520,178 Total ass¢ts1gss cuffent Ilabllltles 1,564,815 1,520,178 Charlty Funds Restricted funds Unrestri¢ted funds 687.818 876,997 681,587 838,591 11 Total charity funds 1,564.815 1,520,178 The financtal statements were approved and authorised for issue by the Board. Signed on behalf of the Board of Trustees on . A Robson, Master and Trustee A P Hoddinott, Chairman ofthe Charities Committee and Trustee The notes on pages 10 to 18 form part of these financial statements.
The Worshipful Company of Fan Makers, Charitabl8 Funds For the year ended 21 December 2024 Notes to the Accounts Summary of slgnifi¢ant accountlng pollcle$ (a) General information and basis of preparation The Worshipful Company of Fan Makers Charitable Funds is a charity constituted by a Declaration of Trust made on 2nd April 1951 and having general charitable objects. The address of the registered office is given in the charity information on page 3 of these financial statements. The nature of the charity's operations and principal activities are general charitable objectives making grants from both donations and bequests from liverymen of the Worshipful Company of Fan Makers and income derived from those donations and bequests. The financial statements have beèn prepared under the historical cost convention and in accordance wrth Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Rèporting Standard applicable in the UK and Republic of Ireland (FRS102)leffeclive 1 January 2015) - (Charities SORP (FRS102)) Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a ash flow statement on the grounds that it is applying FRS 102 Section 1A. The financial statements have been prepared to give a Irue and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,. This departure has involved following the Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued on 16 July 2014 ratherthan the Accounting and Reporting by Charities.. Statement of Recommended practi effective from 1 April 2005 which has since been wÉthdrawn. The financial statements are prepared on a going concern basis underthe historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearèst pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise 8tated. Ib) Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted ftjnds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charty for particular purposes. The cost of raising and administering such funds are charged against the speclfic fund. Th6 aim and use of each restricted fund is set out in the notes to the financial statements. 10
The Worshipful Company of Fan Makers, Charitable Funds For the year ended 21 December 2024 Notes to the accounts (continued) (c) Income recognition All incoming resources are included in the Statement of Financial Activities {SoFA) when the charity is legally entitled to the income after any performan conditions have been met, the amount can be measured reliably and it is probable that the income will be reived. For donations to be recognised the charrty will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. No amount is included in the financial statements for volunteer time in line with the SORP {FRS 1021. For legacies, entitlement is the earlier of the charity being notified of an impènding distribution or the legacy being reGeived. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions. the legacy is treated as a contingent asset and disclosed. Investment income is earned through holding assets for investment purposes such as sharès. It includes dividends and interest. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net ofthese costs. It is included when the amount can be measured reliably. Inlerest inGome is recognised using the effective interest method and dividend income is re¢ognised as the charity's right to re1ve payment is established. (d) Expenditure recognitlon All expenditurè is accounted for on an accruals basis and has been clasSifd under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to maké payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings.. Expenditure on charitable activities includes granls payable and support costs. Irrecoverable VAT is charged as an expènse against the activity for which expenditure arose. Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to perfomance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. (el Support costs allocation Support costs are those that assist the work of the charity but do not directly represent charitable activities and include software support and bank charges. They are incurred directly in support of expendilure on the objects of the charrty. Support costs are attribLrtable to Unrestricted funds.
The Worshipful Company of Fan Makers, Charltablo Funds For the year ended 21 December 2024 Notes to the accounts (continued) {fj Investments Investments are recognised inilially at fair value which is nomially the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in 'net gains l {lossesl on investments, in the SOFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impaiment. Current asset investments are short term highly liquid investments and are held at fair value. These include cash on deposit and cash equivalenls with a maturity of less than one year. (gl Debtors and crediloryJ receivable I payable within one year Debtors and creditors with no stated inlerest rate and receivable or payable wilhin one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditu. (hl Tax The charity is an exempt charity within the meaning af schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definrtion of a charitable company for UK ¢orporation lax purposes. lil Going concern The financial statements have been prepared on a going concem basis as the trustees believe that no material uncertainties exist. The trustee5 have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. ti) Financial Instruments The charity only holds basic financial instruments. The linancial assets and financial liabilities of the charity are as follows.. Financial assets - other debtors and investments are basic financial instruments and are debt instrum6nts measured at amortised cost. Cash at bank is classified as a basic financial instrument and is measured at face value. Financial liabilities- other creditors are finanGial instruments and are measured at amortised costs. 12
The Worshipful Company of Fan Makers. Charltable Funds For the year ended 21 December 2024 Notes to the accounts {continued) Income from donations 2024 2024 2024 Total 2023 Total UnrestrKtsd Restricted Poor Box Annual Donations from Liverymen 840 41,858 340 36,446 41,858 42,698 42,698 36,786 Income from investments 2024 2024 2024 Total 2023 Total Unrestricted Restrlcted Bank interest re1vable Return on investments 280 280 26,233 23,670 49,903 242 48,049 26,513 23,670 50,183 48,291 Income from bequests and legacie8 2024 Tolal 2023 Total Heritage Craft Fund Designated 5.211 30,000 5,211 30,000 Allocation of support costs 2024 2023 Total Total Service charges 290 193 13
The Worshipful Company of Fan Makers. Charitable Funds For the year ended 21 December 2024 Notes to the accounts (continued) Analysis of grants 2024 2024 Unrestrlcted Restricted 2024 2023 Fan Museum Wortd HeartbeatMusicAcademy LSO Create Stepney City Farm CPotentlal React Buildup StAndrew's Youth Club Free to be Kids Lansbury Lawrence School The Bridge School Intouniversity Treloar School Cranfield Bursary CIBSE PrZew1nner City of London Academy Lord Mayors Appeal Sheriff & Recorders Fund St Paul's Cathedral Cadet Forces of London Macular Society Headway East London Cavell Nurses Trust London Air Ambulance Providence Row YourPlace (formerly Carltas Anchor House) The Soup Kitchen St Giles, Trust Hackney Quest St. Michael's Fellowship West Dean College University of the Arts London The Assembly Event Prizes 11,838 2.000 i.soo 11,838 3,000 2,000 4,000 3,000 3,000 3,000 2.500 2,(XJO 11,830 i.wo 500 4,000 3,000 2,000 3,000 2,500 2,000 4.000 3.000 3,500 2,SOD 2.000 2,000 5,925 1,500 1.500 loo 3.000 1.500 1,000 1.500 3,000 3,000 3.000 loo 3,000 i.soo i.wo 1,500 3,000 3,WO 3.000 LOO I,soo 3.000 2,500 3,000 1,000 5.000 5,000 5,000 3,SOO 2,500 2,500 10.430 1,850 5,000 5.000 5.000 5.000 2.SOO 2,500 5.000 5.000 s.000 s,eoo 2,500 2.500 11210 5,000 4,672 1,350 101,170 11,210 5,000 4,672 1,350 39,070 62,10) 98.135 Adjustfrom prior year Build Up Cadets Cranlield Net grants 500 12501 175 98,060 62.6(X) 39,070 101,670 Trustees. and key management pernonnel remuneration and expenses The Trustees neither ceIVed nor Waiv any remuneration during the year12023', £Nill. Th8 total amount of employee benefits received by key management personnel is £Nil12022 - £Nill. The Trust eonsiders ils key management personnel comprise the Trustees. A Trustee had postage and stationery expenses of £290 reimbursed dunng the year {2023- £1931. 14
The Worshipful Company of Fan Makers, Charitable Funds For the year ended 21 D8Gember 2024 Investments 2024 Total 2023 Total Cost or valuation At 22 December 2023 1,505,046 1,472,589 Additions Revalualion 32,457 At 21 December 2024 1,553,551 1505 046 At 21 Dernber 2023 1,506,046 1,472.589 Investments at falr value comprise: 2024 2023 Equities 1,526,898 1,493,560 Cash within investment portfolio 26,653 11,486 1,553,551 1,505,IM6 The fair value of listed investments is detemiined by reference to the quoted price for idèntical assets in an active market at the balan sheet data. At 181 July 2025 the marketvalue ofthese investments was £1,593,000. Debtors 2024 Totsl 2023 Total Other debtors 13,656 12,823 Cash and Bank 2024 Total 2023 Total Cash at Bank 63,450 72,144 10 Credltors: amounts falling due within one year 2024 2023 Grants Payable 15
The Worshipful Company of Fan Makers, Charitable Funds For Ihe year 21 December 2024 Notes to the accounts l¢ontinuedl 11 Fund re¢onciliatlons Unr*$trtcted funds Balance at 22 Dec 2023 In¢ome Expenditurn Transf•r¥ Gains I Balaneè at Ilossesl 21 D•¢ 2024 The Poor Fund 478.491 59.784 153.5471 18.453 503,181 The Cook Fund 4,524 162 15251 174 4,335 Hector Young Fund 75,963 2,712 18,8181 2,930 72,787 Craft fund designats 279,613 6553 5,211 296 694 838 591 69,211 62,890 5,211 26,874 876.997 Re¥trlcted funds Balance at 22 Dec 2023 Gains I Balancè at Ilossesl 21 Dèe 2024 Incomo Expenditure Transfers The Poor Fund- Latchford 92,885 3,388 13,5tboi 0.00 3,659 94,432 The Poor Fund- CIBSE 46,682 1.667 11,5001 0.00 1,800 48,649 The Poor Fund- Museum 323,502 11.837 111,8381 0.00 9,347 332,849 Cranfield Fund 159,148 5,433 0.00 5,733 170,312 Craft Fund 57,372 22,232 1.og1 681,587 39.070 0.00 21,631 687,818 Totsl funds 1520,178 101,960 1564815 Fund dcriPtionS al Unrestricted funds The Poor Fund has general charitable objectNe5 rnaking grants from both donations and bequests from liverymen of the Worshipful Company of Fan Makers and income derived from those donations and bequests Arthur James Cook - for the benefit of deserving Lwèrymen or such poor persons r6sK18nl in the Cty of London 88 the Trustees Ihink fil. Hector Young Fund- for charity, education, the church or sSmilar eauses Fan Makers Craft Fund- lo fLFrther the craft of Fan Making in the UK bl ReStrted funds Cranfield University- to provide a bursary to a sludenl nominated by Cranfi81d Unwersty for their Power Turbine MSCCourse. Fan Museum Fund- to benefit thè Fan Museum in Greenwich IGh8nty no. 29S3031 CIBSE Fund - to prowde a bursary to a student nominated by CIBSE The Latchford Bequest- to support the Arts Fan Makers Craft Fund- to frjrther the uaft of Fan Making in the UK 16
The Worshipful Company of Fan Makers. Charitsble Funds For the year 21 December 2024 Notes to the accounts (contlnuedl 11 Fund reconcilFatlon$ Unrestrtcted funds Balan¢¢ at 22 Do¢ 2022 Incom? Expenditure Trartsfars Gains I Balance at (losses) 21 Dec 2023 Thè Poor Fund 466.316 S3,890 153,4721 11.746 478.479 The Cook Fund 4,777 175 15481 120 4,525 Hector Young Fund 80,209 2,942 19.1981 2,020 7S,974 Craft fund designate 239,282 30.IX)O 5,911 279,613 790.583 61,428 63,218 30,000 838 591 Restricted fund8 Balancè at 22 Dec 2022 Galns I Balanee at I108) 210•¢ 2023 Income Expgnditure Transfers Th& Poor Fund- Latchford 92,653 3.398 {3,500} 0.00 2,334 94,885 The Poor Fund- CIBSE 45,375 1,664 11,5001 1,143 46,682 The po Fund- Museum 319,126 11,830 111,8301 4,376 323,502 Cranfidd Fund 156,391 5,522 15,9251 3,158 159,146 Craft Fund 1,234 12,280 0.00 680,314 23,649 12,660 681,587 Total lunds 1.470 897 85.077 98,253 30,000 32,457 1.520,178 12 Analy6is of net assets betwoen funds Current year 2024 Unrestrictod Restrlcted funds funds 2024 Total Cash and current investments Other current assets I liabilrties 929.183 687,818 1.617,iNJ1 {52,1861 152.1861 Total 876,997 687,818 1,564,815 17
The Worshipful Company of Fan Makers, Charitable Funds For the year 21 December 2024 Notes to the accounts (continued} Unrestri¢t¢d Restrfcted funds funds 2023 Total Previous year 2023 Cash and current investments Other current assets I liabilities 895,603 681,587 1,577.190 {57,0121 157,0121 Total 838,591 681,587 1,520.178 13 Evgnts after the ond of the poriod There are no events after the end of the period to report. 14 Rèlatgd party transactions There are no related party transactions during the period12023.' £Nill. 18