|Reports||
|---|---|
|Legalandadministrativeinformation|1|
|Trustee'sreport|3|
|Independentauditor'sreport|7|
|Accounts||
|Statementoffinancialactivities|11|
|Balancesheet|13|
|Principalaccountingpolicies|14|
|Notestotheaccounts|17|





## 

|TheMaster|DrAZimbler|
|---|---|
|SeniorWarden|DrLDGGrossman|
|MiddleWarden|MrSCorbett(resigned22October2023)|
|JuniorWarden|MrLMallinson|
||MrVGMorton-Smith|
||MrWSHaynes|
||MrJACWheeler|
||MrMOPMay|
||MrMRMathews|
||RevdDrWPPovey(emeritusfrom3August2023)|
||MrHMLancaster|
||MrMJSamuel|
||MrMRMosley|
||MrMWFFelton|
||MrMHWNeal|
||MrAMGregory-Smith|
||MrsRFBower|
||HisHonourPWBirtsKC|
||TheLordFlight,ofWorcester|
||MrMMorrison|
|DeputyMaster|BrigadierMJMeardon|
|TheClerk|BrigadierTJGregson|
|FinancialController|MsJLBrundell|
|Registeredaddress|Carpenters'Hall|
||ThrogmortonAvenue|
||London|
||EC2N2JJ|
|Charityregistrationnumber|230990|
|Auditor|BuzzacottLLP|
||130WoodStreet|
||London|
||EC2V6DL|





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





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||||||2023|2022|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|funds|funds|funds|
||Notes|£|£|£|£|£|
|Income:|||||||
|Donations|1|<br>28,500|57,600||86,100|85,100|
|Investmentincome|2|160,313|61,161|-|221,474|160,180|
|Totalincome||188,813|118,761||307,574|245,280|
|Expenditure:|||||||
|Charitableactivities|3|134,407|99,691||234,098|235,963|
|Totalexpenditure||134,407|99,691||234,098|235,963|
|Netincomebeforegainson|||||||
|investments||54,406|19,070||73,476|9,317|
|Netgains(losses)oninvestments|7|||503,525|503,525|(167,451)|
|Netincome(expenditure)and|||||||
|netmovementinfunds||54,406|19,070|503,525|577,001|(158,134)|
|Reconciliationoffunds:|||||||
|Fundbalancesbroughtforward|||||||
|at1July2022||268,161|122,674|8,951,365|9,342,200|9,500,334|
|Fundbalancescarriedforward|||||||
|at30June2023||322,567|141,744|9,454,890|9,919,201|9,342,200|





## 

||||||2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|funds|funds|
||Notes|`£`|`£`|<br>`£`|`£`|
|Income:||||||
|Donations|1|<br>31,000|54,100||85,100|
|Investmentincome|2|117,740|42,440||160,180|
|Totalincome||148,740|96,540||245,280|
|Expenditure:||||||
|Charitableactivities|3|149,434|86,529||235,963|
|Totalexpenditure||149,434|86,529||235,963|
|Net(expenditure)incomebeforelosseson||||||
|investments||(694)|10,011||9,317|
|Netlossesoninvestments|7||-|(167,451)|(167,451)|
|Net(expenditure)incomeandnetmovementin||||||
|funds||(694)|10,011|(167,451)|(158,134)|
|Reconciliationoffunds:||||||
|Fundbalancesbroughtforward||||||
|at1July2021||268,855|112,663|9,118,816|9,500,334|
|Fundbalancescarriedforward||||||
|at30June2022||268,161|122,674|8,951,365|9,342,200|





|||2023|2023|2022|2022|
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Fixedassets||||||
|Listedinvestments|7||9,511,932||9,008,407|
|Currentassets||||||
|Debtors|8|8,117||49,652||
|Shorttermdeposits||130,745||127,177||
|Cashatbankandinhand||294,666||186,324||
|||433,528||363,153||
|Liabilities:||||||
|Creditors:amountsfallingdue||||||
|withinoneyear|9|(26,259)||(29,360)||
|Netcurrentassets|||407,269||333,793|
|Totalassetslesscurrent||||||
|liabilities|||9,919,201||9,342,200|
|Thefundsofthecharity||||||
|Capitalfunds:||||||
|Endowmentfunds|10||9,454,890||8,951,365|
|Incomefunds:||||||
|Restrictedfunds|11||141,744||122,674|
|Unrestrictedfunds||||||
|.Generalfunds|||322,567||268,161|
|Totalcharityfunds|||9,919,201||9,342,200|





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## 

|Donations|||||||
|---|---|---|---|---|---|---|
||Un-|||Un-|||
||restricted|Restricted||restricted|Restricted||
||funds|funds|2023|funds|funds|2022|
||£|£|£|£|£|£|
|Donationsfrom:|||||||
|TheWorshipfulCompanyof|||||||
|Carpenters|28,500|-|28,500|31,000||31,000|
|TheCarpenters'Company|||||||
|CharitableTrust|-|57,600|57,600||54,100|54,100|
||28,500|57,600|86,100|31,000|54,100|85,100|
|Investmentincome|||||||
||Un-|||Un-|||
||restricted|Restricted||restricted|Restricted||
||funds|funds|2023|funds|funds|2022|
||£|£|£|£|£|£|
|Incomefromlisted|||||||
|investments|156,455|61,161|217,616|117,509|42,440|159,949|
|Interestreceivable|3,858|-|3,858|231|-|231|
||160,313|61,161|221,474|117,740|42,440|160,180|



## 

## 

||Un-|||Un-|||
|---|---|---|---|---|---|---|
||restricted|Restricted||restricted|Restricted||
||funds|funds|2023|funds|funds|2022|
||£|£|£|£|£|£|
|Grantspayable|108,313|99,691|208,004|123,076|86,529|209,605|
|Supportcosts|26,094|—|26,094|26,358|-|26,358|
||134,407|99,691|234,098|149,434|86,529|235,963|



||2023|2023|2022|2022|
|---|---|---|---|---|
||No.|£|No.|£|
|Liverymen,Freemen,retireesandtheir|||||
|dependants|4|30,743|5|29,774|
|Crafteducation|28|97,191|26|84,030|
|Othereducation|19|80,070|21|95,801|
||51|208,004|52|209,605|



## 

|2023|2022|
|---|---|
|£|£|
|2,950|2,730|





## 

## 

## 

|Fixedassetinvestments|||
|---|---|---|
||2023|2022|
|Listedinvestments|£|£|
|Marketvalueat1July2022|9,008,405|9,175,856|
|Netunrealisedgains(losses)|503,525|(167,451)|
||9,511,930|9,008,405|
|Cashheldbyinvestmentmanagers|2|2|
|Marketvalueat30June2023|9,511,932|9,008,407|
|Costat30June2023|4,879,121|4,879,121|



|Debtors|||
|---|---|---|
||2023|2022|
||`£`|`£`|
|Accruedincome|617|49,652|
|AmountduefromCarpenters'CompanyCharitableTrust|7,500||
||8,117|49,652|
|Creditors:amountsfallingduewithinoneyear|||
||2023|2022|
||`£`|`£`|
|AmountduetoTheWorshipfulCompanyofCarpenters|22,950|23,157|
|Accruals|2,950|5,897|
|Othercreditors|359|306|
||26,259|29,360|



## 



## 

|Endowmentfunds|||
|---|---|---|
||2023|2022|
||`£`|`£`|
|Permanentendowmentfunds|6,779,126|6,418,100|
|Expendableendowmentfunds|2,675,764|2,533,265|
||9,454,890|8,951,365|



## 

||At1July|Gainsand|At1July|Gainsand|At30June|
|---|---|---|---|---|---|
||2021|losses|2022|losses|2023|
||£|£|£|£|£|
|Capitalfund|5,062,302|(92,960)|4,969,342|279,532|5,248,874|
|Pysdenfund|1,475,860|(27,102)|1,448,758|81,494|1,530,252|
||6,538,162|(120,062)|6,418,100|361,026|6,779,126|



## 

||At||At||At|
|---|---|---|---|---|---|
||1July|Gainsand|1July|Gainsand|30June|
||2021|losses|2022|losses|2023|
||`£`|`£`|`£`|`£`|`£`|
|Capitalfund|1,620,858|(29,764)|1,591,094|89,501|1,680,595|
|TheLondonYouthTrustfund|959,796|(17,625)|942,171|52,998|995,169|
||2,580,654|(47,389)|2,533,265|142,499|2,675,764|





## 

||At1|||At30|
|---|---|---|---|---|
||July|||June|
||2022|Income|Expenditure|2023|
||£|£|£|£|
|Pysdenincomefund|77,876|37,060|(46,920)|68,016|
|LiveryAwardsfund|17,827|40,000|(26,677)|31,150|
|ThePortalTrustfund|4,372|—|—|4,372|
|LondonYouthTrustfund|7,666|24,101|(21,594)|10,173|
|HartAward|550|3,000|-|3,550|
|StuckeyAward|11,550|10,100|(2,000)|19,650|
|KetlessAward|2,833|2,000|-|4,833|
|OsborneAward|—|2,500|(2,500)|-|
||122,674|118,761|(99,691)|141,744|
||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|





||General|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|2023|
||£|£|£|£|
|Fundbalancesat30June2023|||||
|arerepresentedby:|||||
|Investments|57,042|-|9,454,890|9,511,932|
|Currentassets|291,784|141,744||433,528|
|Creditors:amountsfallingduewithinone|||||
|year|(26,259)|||(26,259)|
|Totalnetassets|322,567|141,744|9,454,890|9,919,201|
||General|Restricted|Endowment|Total|
||funds|funds|funds|2022|
||£|£|£|£|
|Fundbalancesat30June2022|||||
|arerepresentedby:|57,042|—|8,951,365|9,008,407|
|Investments|||||
|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|



## 

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