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2020-12-31-accounts

		Page
Reference and administrative details ofthe Charity, Its Trustees and advisers
Trustees' report		2-4
Independent examiner's	report
Statement offinancial	activities
Balance sheet
Notes to the financial statements		8-19

Trustees		Christopher	David Freeman,	David Freeman,	Chair
		Peter Baker,	Trustee
		Stephen Fenton, Trustee
		Charles Joseph,		Trustee
		Simon Springett,		Trustee
Charity registered
number		235230
Principal office		Bakers Hall
		9 Harp Lane
		London
		EC3R6DP
Independent		Kreston Reeves		LLP
Examination		Chartered Accountants
		2nd Floor
		168Shoreditch		High Street
		London
		E1 6RA
Bank		HSBC
		40Temple Fortune Parade
		London
		NW11 OQU
Investment	Advisors	Adam &Company investment			Management	Limited
		22 Charlotte	Sqaure
		Edinburgh
		EH2 4DF
Treasurer to the		R.Chweidan
Trustees

				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
				2020	2020	2020	2019
			Note			R
Income from:
Donations and legacies					18,889	18,889	16,022
Other trading activities					22,328	22,328	97,425
investments				1,568	36,696	38,264	48,128
Total income				1,568	77,913	79,48'I	161,575
Expenditure on:
Raising funds					4,354	4,354	4,400
Charitable activities					77,119	77,119	55,763
Total expenditure					81,473	81,473	60,163
Net income/(expenditure)		before net
gains/(losses) on Investments				1,568	(3,560)	(1,992)	101,412
Net gains/(losses)	on investments			8,938	(65,999)	(57,061)	173,564
Net movement In	funds			10,506	(6$,559)	(5$,053)	274,976
Reconciliation of	funds:
Total funds brought	forward			80,412	2,463,292	2,543,704	2,268,72&
Net movement in funds				10,506	(69,559)	(59,053)	274,976
Total funds carried forward				90,91S	2,393,733	2,484,651	2,543,704

			Note		2020f		2019f
Fixed assets
Tangible assets			11		855,004		855,004
Investments			12		1,559,153		1,501,545
					2,414,157		2,356,549
Current assets
Debtors			13	400		30,774
Cash at bank and in hand				76,444		159,081
				76,844		189,855
Creditors: amounts	falling due within one
year			14	(6,350)		(2,700)
Net current assets					70,494		187,155
Total assets less current liabilities					2,484,651		2,543,704
Net assets excluding		pension asset			2,484,651		2,543,704
Total net assets					2,484,651		2,543,704
Charity funds
Restricted funds			15		90,918		80,412
Unrestricted funds			15		2,393,733		2,463,292
Total funds					2,484,651		2,543,704

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
		f.	F.
Net Rents Receivable		22,328	22,328	20,095
Exceptional	income - sale oflease			77,330
		22,328	22,328	97,425
Total 2019		97,425	97,425

	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2020	2020	2020	2019
		R	K
Income from listed investments	1,568	36,393	37,961	47,410
Bank interest		303	303	718
	1,568	36,696	38,264	48,128
Total 2019	1,354	46,774	48,128

	Grants to	Total	Total
	Institutions	funds	funds
	2020	2020	2019
Grants Payable	62,909	62,909	43,993
Total 2019	43,993	43,993

			2020	2019
				F
Name ofinstitution
City Food I ecture				3,000
Lessons in Loaf			4,020	4,300
Lord Mayo Cs Appeal			5,000
Bakers' Benevolent Society			2,520	1,500
Morgan's Loubert				2,670
Sherriff &Recorder Fund			750	1,500
Associate ofBakers Student Society			3,000	1,500
University of London Officers Training		Corps	1,500	1,500
London University Royal Naval	Unit		1,500
City &Guilds			1,520
HMS Heron Central Fund				1,500
Shoreditch Trust donation			13,881	4,627
European Bakery Course donation			3,184	11,059
Masters charity donations - Ebony Horse Club and Saracen School			1,750
Guildhall School of Music			4,500	4,500
NHS Livery Kitchen			2,000
Irish Society				2,000
Livery School			1,600	1,500
Shoreditch Trust and Love Parcels -		Food Parcels	5,682
Big Curry Lunch- Armed Services Pain Mangement			6,500
			58,907	41,156
Other grants to institutions			4,002	2,837
			62,909	43,993

			Unrestricted	Total	Total
			funds	funds	funds
			2020	2020	2019
Grants Payable			62,909	62,909	43,993
Legal and Professional			(410)	(410)	359
Brokers' Management		Fee	10,958	10,958	8,080
Accountants	Fee		3,600	3,600	3,331
Other costs			62	62
			77,119	77,119	55,763
Total 2019			55,763	55,763

			Grant
			funding of	Support	Total	Total
			activities	costs	funds	funds
			2020	2020f	2020	2019
Grants Payable			62,909		62,909	43,993
Legal and Professional				(410)	(410)	359
Brokers' Management		Fee		10,958	10,958	8,080
Accountants	Fee			3,600	3,600	3.331
Other costs				62	62
			62,909	14,210	77,119	55,763
Total 2019			43,993	11,770	55,763

			Long-term
		Freehold	leasehold
		property	property	Total
Cost orvaluation
At 1 January 2020		4	855,000	855,004
At 31 December 2020		4	855,000	855,004
Net book value
At 31 December 2020		4	855,000	855,004
At 31 December 2019		4	855,000	855,004
Freehold investment	property

				Otherfixed
			Listed	asset
			investments	Investments	Total
					R
	Cost or valuation
	At 1 January 2020		1,501,545		1,501,545
	Additions		112,182	91,993	204,175
	Capital account movement		(15,960)		(15,960)
	Disposals		(73,546)		(73,546)
	Revaluations		(57,061)		(57,061)
	At 31 December 2020		1,467,160	91,993	1,559,153
	Net book value
	At 31 December 2020		1,467,160	91,993	1,559,153
	At 31December 2019		1,501,545		1,501,545
13.	Debtors
				2020f	2019
	Due within one year
	Other debtors			400	30,774
14.	Creditors: Amounts	falling due within one year
				2020	2019
				F.	F
	Accruals and deferred	income		6,350	2,700

							Balance at
		Balance at 1					31
		January			Transfers	Gains/	December
		2020	Income	Expenditure	In/out.	(Losses)	2020
					E
Designated funds
Designated
Funds		13,582			1,000		14,582
General funds
General Funds		2,449,710	77,913	(81,473)	(1,000)	(65,999)	2,379,151
Total
Unrestricted
funds		2,463,292	77,913	(81,473)		(65,999)	2,393,733
Restricted
funds
Restricted	Fund
-The Stanley
Wise Fund		22,730					22,730
Restricted	Fund
-The Joseph Fund		6,330					6,330
Restricted	Fund
-The Paul
Manducca
Fund		51,352	1,568			8,938	61,85&
		80,412	1,568			8,938	90,918
Total offunds		2,543,704	79,481	(81,473)		(57,061)	2,484,651

Statement	offun	ds - prior year
							Balance at
		Balance at					31
		1 January			Transfers	Gains/	December
		2019	income	Expenditure	in/out	(Losses)	2019
						E
Unrestricted
funds
Designated
funds
Designated
Funds		12,582			1,000		13,582
Generalfunds
General Funds		2,188,559	160,221	(60,163)	(1,000)	162,093	2,449,?10
Total
Unrestricted
funds		2,201,141		(60,163)		162,093	2,463,292
Restricted
funds
Restricted	Fund
-The Stanley
Wise Fund		22,730					22,730
Restricted	Fund
-The Joseph
Fund		6,330					6,330
Restricted	Fund
-The Paul
Manducca
Fund		38,527	1,354			11,471	51,352
		67,587	1,354			11,471	80,412
Total offunds		2,268,728	1,354	(60,163)		173564	2543704

Summary offun	ds - current year
						Balance at
	Balance at 1					31
	January			Transfers	Gains/	December
	2020	income	Expenditure	in/out	(Losses)	2020
		R		E
Designated
funds	13,582			1,000		14,582
General funds	2,449,710	77,913	(81,473)	(1,000)	(65,999)	2,379,151
Restricted funds	80,412	1,568			8,938	90,918
	2,543,704	79,481	(81,473)		(57,061)	2,484,651

						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2019	Income	Expenditure	in/out	(Losses)	2019
	E		F		F	F
Designated
funds	12,582			1,000		13,582
General funds	2,188,559	160,221	(60,163)	(1,000)	162,093	2,449,710
Restricted funds	67,587	1,354			11,471	80,412
	2,268,728	161,575	(60,163)		173,564	2,543,704

Analysis ofnet assets between funds -curre	nt period
	Restricted	Unrestricted	Total
	funds	funds	funds
	2020	2020f	2020
Tangible fixed assets		855,004	855,004
Fixed asset investments	90,918	1,468,235	1,559,153
Current assets		76,844	76,844
Creditors due within one year		(6,350)	(6,350)
Total	90,918	2,393,733	2,484,651

Analysis ofnet assets between funds - prior	period
	Restricted	Unrestricted	Total
	funds	funds	funds
	2019	2019	2019
		F
Tangible fixed assets		855,004	855,004
Fixed asset investments	80,412	1,421,133	1,501,545
Current assets		189,855	189,855
Creditors due within one year		(2,700)	(2,700)
Total	80,412	2,463,292	2,543,704