|Reports||
|---|---|
|Legalandadministrativeinformation|1|
|Trustee'sreport|3|
|Independentauditor'sreport|7|



## 

|Accounts||
|---|---|
|Statementoffinancialactivities|11|
|Balancesheet|13|
|Principalaccountingpolicies|14|
|Notestotheaccounts|17|





## 



|Bankers|BarclaysBankPLC|
|---|---|
||1ChurchillPlace|
||London|
||E145HP|
|Investmentadvisors|TheInvestmentsCommitteeofTheWorshipful|
||CompanyofCarpenters|
|Solicitors|WedlakeBellLLP|
||71QueenVictoriaStreet|
||London|
||EC4V4AY|





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||||||2022|2021|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|funds|funds|funds|
||Notes|£|£|£|£|£|
|Income:|||||||
|Donations|1|<br>31,000|54,100||85,100|86,200|
|Investmentincome|2|117,740|42,440|-|160,180|164,957|
|Totalincome||148,740|96,540||245,280|251,157|
|Expenditure:|||||||
|Charitableactivities|3|<br>149,434|86,529||235,963|229,481|
|Totalexpenditure||149,434|86,529||235,963|229,481|
|Net(expenditure)incomebefore|||||||
|(losses)gainsoninvestments||(694)|10,011||9,317|21,676|
|Net(losses)gainsoninvestments|7|—|—|(167,451)|(167,451)|1,214,314|
|Net(expenditure)incomeand|||||||
|netmovementinfunds||(694)|10,011|(167,451)|(158,134)|1,235,990|
|Reconciliationoffunds:|||||||
|Fundbalancesbroughtforward|||||||
|at1July2021||268,855|112,663|9,118,816|9,500,334|8,264,344|
|Fundbalancescarriedforward|||||||
|at30June2022||268,161|122,674|8,951,365|9,342,200|9,500,334|





## 

||||||2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|funds|funds|
||Notes|`£`|`£`|<br>`£`|`£`|
|Income:||||||
|Donations|1|<br>31,000|55,200||86,200|
|Investmentincome|2|<br>118,604|46,353||164,957|
|Totalincome||149,604|101,553||251,157|
|Expenditure:||||||
|Charitableactivities|3|152,590|76,891||229,481|
|Totalexpenditure||152,590|76,891||229,481|
|Net(expenditure)incomebeforegainson||||||
|investments||(2,986)|24,662||21,676|
|Netgainsoninvestments|7|||1,214,314|1,214,314|
|Net(expenditure)incomeandnetmovementin||||||
|funds||(2,986)|24,662|1,214,314|1,235,990|
|Reconciliationoffunds:||||||
|Fundbalancesbroughtforward||||||
|at1July2020||271,841|88,001|7,904,502|8,264,344|
|Fundbalancescarriedforward||||||
|at30June2021||268,855|112,663|9,118,816|9,500,334|





## 

|||2022|2022|2021|2021|
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Fixedassets||||||
|Listedinvestments|7||9,008,407||9,175,856|
|Currentassets||||||
|Debtors|8|49,652||48,562||
|Shorttermdeposits||127,177||127,127||
|Cashatbankandinhand||186,324||173,996||
|||363,153||349,685||
|Liabilities:||||||
|Creditors:amountsfallingdue||||||
|withinoneyear|9|(29,360)||(25,207)||
|Netcurrentassets|||333,793||324,478|
|Totalassetslesscurrent||||||
|liabilities|||9,342,200||9,500,334|
|Thefundsofthecharity||||||
|Capitalfunds:||||||
|Endowmentfunds|10||8,951,365||9,118,816|
|Incomefunds:||||||
|Restrictedfunds|11||122,674||112,663|
|Unrestrictedfunds||||||
|.Generalfunds|||268,161||268,855|
|Totalcharityfunds|||9,342,200||9,500,334|





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|Donations|||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted||Unrestricted|Restricted||
||funds|funds|2022|funds|funds|2021|
||£|£|£|£|£|£|
|DonationsfromThe|||||||
|WorshipfulCompany|||||||
|ofCarpenters|31,000||31,000|31,000||31,000|
|DonationsfromThe|||||||
|Carpenters'|||||||
|CompanyCharitable|||||||
|Trust||54,100|54,100||55,200|55,200|
||31,000|54,100|85,100|31,000|55,200|86,200|
|Investmentincome|||||||
||Unrestricted|Restricted||Unrestricted|Restricted||
||funds|funds|2022|funds|funds|2021|
||£|£|£|£|£|£|
|Incomefromlisted|||||||
|investments|117,509|42,440|159,949|118,575|46,353|164,928|
|Interestreceivable|231||231|29||29|
||117,740|42,440|160,180|118,604|46,353|164,957|
|Charitableactivities|||||||
||Unrestricted|Restricted||Unrestricted|Restricted||
||funds|funds|2022|funds|funds|2021|
||£|£|£|£|£|£|
|Grantspayable|123,076|86,529|209,605|127,449|76,891|204,340|
|Supportcosts|26,358||26,358|25,141||25,141|
||149,434|86,529|235,963|152,590|76,891|229,481|



## 

## 

||2022|2022|2021|2021|
|---|---|---|---|---|
||No.|£|No.||
|Liverymen,Freemen,retireesandtheir|||||
|dependants|5|29,774|6|30,084|
|Crafteducation|26|84,030|22|82,390|
|Othereducation|21|95,801|24|91,866|
||52|209,605|52|204,340|





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|4|Governancecosts|||
|---|---|---|---|
|||2022|2021|
|||`£`|`£`|
||Auditor'sremuneration|2,730|2,580|



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|Fixedassetinvestments|||
|---|---|---|
||2022|2021|
|Listedinvestments|£|£|
|Marketvalueat1July2021|9,175,856|7,961,539|
|Netunrealised(losses)gains|(167,451)|1,214,314|
||9,008,405|9,175,853|
|Cashheldbyinvestmentmanagers|2|3|
|Marketvalueat30June2022|9,008,407|9,175,856|
|Costat30June2022|4,879,121|4,879,121|



## 

|Debtors|||
|---|---|---|
||2022|2021|
||`£`|`£`|
|Accruedincome|49,652|48,484|
|Otherdebtors||78|
||49,652|48,562|





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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||`£`|`£`|
||AmountduetoTheWorshipfulCompanyof||Carpenters||23,157|22,319|
||Accruals||||5,897|2,580|
||Othercreditors||||306|308|
||||||29,360|25,207|
|10|Endowmentfunds||||||
||||||2022|2021|
||||||`£`|`£`|
||Permanentendowmentfunds||||6,418,100|6,538,162|
||Expendableendowmentfunds||||2,533,265|2,580,654|
||||||8,951,365|9,118,816|
||(a) Permanentendowmentfunds||||||
|||At1July|<br>Gainsand|At1July|Gainsand|At30June|
|||2020|<br>losses|2021|losses|2022|
|||£|<br>£|£|£|£|
||Capitalfund|4,388,177|674,125|5,062,302|(92,960)|4,969,342|
||Pysdenfund|1,279,326|196,534|1,475,860|(27,102)|1,448,758|
|||5,667,503|870,659|6,538,162|(120,062)|6,418,100|



## 

||At||At||At|
|---|---|---|---|---|---|
||1July|Gainsand|1July|Gainsand|30June|
||2020|losses|2021|losses|2022|
||`£`|`£`|`£`|`£`|`£`|
|Capitalfund|1,405,015|215,843|1,620,858|(29,764)|1,591,094|
|TheLondonYouthTrustfund|831,984|127,812|959,796|(17,625)|942,171|
||2,236,999|343,655|2,580,654|(47,389)|2,533,265|





## 

||At1|||At30|
|---|---|---|---|---|
||July|||June|
||2021|Income|Expenditure|2022|
||£|£|£|£|
|Pysdenincomefund|52,174|25,702||77,876|
|LiveryAwardsfund|16,544|40,000|(38,717)|17,827|
|ThePortalTrustfund|4,372|—||4,372|
|LondonYouthTrustfund|21,240|16,738|(30,312)|7,666|
|HartAward|3,300|3,000|(5,750)|550|
|StuckeyAward|11,700|6,600|(6,750)|11,550|
|KetlessAward|3,333|2,000|(2,500)|2,833|
|OsborneAward|—|2,500|(2,500)|-|
||112,663|96,540|(86,529)|122,674|
||At1|||At30|
||July|||June|
||2020|Income|Expenditure|2021|
||£|£|£|£|
|Pysdenincomefund|47,714|28,087|(23,627)|52,174|
|LiveryAwardsfund|475|40,000|(23,931)|16,544|
|ThePortalTrustfund|4,372|—|—|4,372|
|LondonYouthTrustfund|29,307|18,266|(26,333)|21,240|
|HartAward|800|3,000|(500)|3,300|
|StuckeyAward|4,000|7,700||11,700|
|KetlessAward|1,333|2,000|—|3,333|
|OsborneAward|—|2,500|(2,500)|-|
||88,001|101,553|(76,891)|112,663|





## 

||General|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|2022|
||£|£|£|£|
|Fundbalancesat30June2022|||||
|arerepresentedby:|||||
|Investments|57,042|-|8,951,365|9,008,407|
|Currentassets|240,479|122,674|-|363,153|
|Creditors:amountsfallingduewithinone|||||
|year|(29,360)|-|-|(29,360)|
|Totalnetassets|268,161|122,674|8,951,365|9,342,200|
||General|Restricted|Endowment|Total|
||funds|funds|funds|2021|
||£|£|£|£|
|Fundbalancesat30June2021|||||
|arerepresentedby:|57,040||9,118,816|9,175,856|
|Investments|||||
|Currentassets|237,022|112,663|-|349,685|
|Creditors:amountsfallingduewithinone|||||
|year|(25,207)||—|(25,207)|
|Totalnetassets|268,855|112,663|9,118,816|9,500,334|



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