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2024-07-31-accounts

CONTENTS Page
ReportoftheTrustee 1-13
Independentauditors’report 14-17
Statementoffinancialactivities 18
Balancesheet 19
StatementofCashFlow 20
Notestothefinancialstatements 21
-32

Unrestricted Restricted Endowment Total Total
Fund Fund Fund 2023/24 2022/2023
Note £ £ £ £ £
Incoming
and
endowments
from:
Donationsandlegacies
Investments
2
3

88,998
1,855,819

-
644,252

118,342
53,530

207,340
2,553,601

172,689
2,535,387
Total
1,944,817

644,252

171,872

2,760,941

2,708,076
Expenditureon:
Charitableactivities 4,5
2,126,048

646,571

57,500

2,830,119

2,881,927
Total
2,126,048

646,571

57,500

2,830,119

2,881,927
Netinvestmentgains/(losses) 6,11,12 - 455,523 4,154,344 4,609,867 (1,718,560)
Leaseholdamortisation 6 (433,332) - - (433,332) (433,332)
Netincome/ (expenditure)
(614,563)

453,204

4,268,716

4,107,357

(2,325,743)
Transferbetweenfunds 11,12,13
(138,842)

137,395

1,447

-

-
Netmovementinfunds
(753,405)

590,599

4,270,163

4,107,357

(2,325,743)
Balanceat
|August
4,571,602 7,597,200 64,430,210 76,599,012 78,924,755
Balancesat31July
3,818,197

8,187,799

68,700,373

80,706,369

76,599,012


Note

£

31.07.24


£

31.07.23
£


£
Fixedassets
Investments 79,432,078 75,114,560
Currentassets
Debtors
Cashatbank
33,322
1,438,424
232,591
1,424,925
1,471,746 1,657,516
Liabilities
Creditors:amountsfalling
duewithinoneyear (197,455) (173,064)
Netcurrentassets 1,274,291 1,484,452
Totalnetassets 10 80,706,369 76,599,012
Representedby:
Capitalfunds
EndowmentFund 11 68,700,373 64,430,210
Incomefunds
RestrictedFunds 12 8,187,799 7,597,200
Unrestrictedfunds:
DesignatedFunds
GeneralFunds
13
13
2,599,992
1,218,205
3,455,507
1,116,095
3,818,197 4,571,602
80,706,369 76,599,012

2024 2023
£ £
Cashflowfromoperatingactivities:
Netcashprovidedbyoperatingactivities CFI (2,716,060) (2,861,074)
Cashflowfromfinancingactivities
Newendowment 118,342 93,689
Cashflowfrominvestingactivities:
Dividends,interestandrentfrominvestments
Proceedsfromthesaleofinvestments
2,752,200 2,592,542
-
Purchaseofinvestments
(140,983)

(240,259)
Netcashfrominvestingactivities
2,624,716

2,352,283
Changesincashandcashequivalentsintheyear

13,499


(415,102)
Cashandcashequivalentsat
1August
CF2 1,424,925 1,840,027
Cashandcashequivalentsat31July CF2 1,438,424 1,424,925
CFIReconciliationofnetincome/expendituretonetcashflowfrom operatingactivities
2024
2023
£ £
Netincome/expenditure 4,107,357 (2,325,743)
Adjustmentsfor:
(Gains)/lossesoninvestments
Dividendsincomeandrentsfrominvestments
AmortisationofThrogmortonAssetslease
Decreaseindebtors
Increase/(Decrease)increditors
(4,609,867)
(2,553,601)
433,332
670
24,391
1,718,560
(2,535,387)
433,332
375
(58,722)
Receiptofendowment
(118,342)

(93,689)
Netcashprovidedbyoperatingactivities

(2,716,060)


(2,861,074)
CF2Analysisofcashandcashequivalents
2024 2023
£ £
Cashinhand 1,438,424 1,424,925


1,438,424


1,424,925
Analysisofchangesinnetdebt
Atstartofyear Cash flows Atendof year
£ £ £
Cash
1,424,925
13,499

1,438,424

2 Voluntaryincome
Unrestricted Restricted Endowment Total
Funds Funds Funds 2023/24
£ £ £
DonationfromTheDrapers’Company 88,998 - - 88,998
Otherdonations - - 118,342 118,342


88,998



-


118,342


207,340
Unrestricted Restricted Endowment Total
Funds Funds Funds 2022/23
£ £ £ £
DonationfromTheDrapers’Company 79,000 - . 79,000
Otherdonations - . 93,689 93,689


79,000



-


93,689


172,689
Investmentincome
Unrestricted Restricted Endowment Total
Funds Funds Funds 2023/24
£ £ £ £
DividendsreceivablefromDrapers’CharitiesPooling 1,342,682 644,252 53,530 2,040,464
Scheme
Rentsreceivedfromintermediatelease 500,000 - - 500,000
Bankinterestreceivable 13,137 - = 13,137


1,855,819




644,252


53,530


2,553,601
Unrestricted Restricted Endowment Total
Funds Funds Funds 2022/23
£ £ £ £
DividendsreceivablefromDrapers’CharitiesPooling
Scheme
1,340,765 644,252 50,285 2,035,302
Rentsreceivedfromintermediatelease 500,000 - - 500,000
Bankinterestreceivable 85 - - 85

1,840,850


644,252

50,285

2,535,387

4 Costofgrantsawarded 2023/24 2022/23
£ £
GrantsawardedfromUnrestrictedFunds
GeneralFund
Bancroft’sSchool(2awards)
QueenMary,UniversityofLondon(2awards)
70,000
54,200
70,000
54,200
LiveryFoodInitiative 50,000 25,000
NoGoingBack
BangorUniversity
TheHonTheIrishSociety
PembrokeCollege,Cambridge
ActionTutoring
50,000
40,000
40,000
35,000
30,000
50,000
40,000
40,000
35,750
30,000
FutureYouthZone 30,000 35,000
HertfordCollege,Oxford
HistoricRoyalPalaces
30,000
30,000
31,000
-
PrisonRadioAssociation 30,000 30,000
StAnne’sCollege,Oxford 30,000 30,000
Veterans’Aid
WorkingChance
30,000
30,000
-
-
BaytreeCentre 25,000 .
BeatingTime 25,000 25,000
Envision 25,000 -
FineCellWork 25,000 -
FutureFrontiers 25,000 -
GetFurther 25,000 -
LaunchIt 25,000 -
NewHorizonYouthCentre
OneSmallThing
OnwardsandUpwards
25,000
25,000
25,000
25,000
.
30,000
Prisoners’EducationTrust
RoyalNationalChildren’sSpringboardFoundation
ThinkForward
Thrive
upReach
25,000
25,000
25,000
25,000
25,000
25,000
-
25,000
-
-
TreasuresFoundation
SettleSupport
24,000
21,500
-
-
CityandGuildsofLondonArtSchool
AccessProject
CareerReady
20,900
20,000
20,000
20,900
20,000
-
FirstStarScholarsUK
In2Change
NehemiahProject
20,000
20,000
20,000
-
20,000
-
ProvidenceRow 20,000 -
ThomasAdams’Foundation 20,000 -
ZahidMubarekTrust
GoodenoughCollege(2awards)
Balancec/fwd

20,000
17,700
1,198,300

-
17,800
679,650

Balanceb/fwd
171grantstofurther168charities/institutions
TotalgrantsawardedfromGeneralFundtoInstitutions


2023/24
£
1,198,300
804,645
2,002,945.


2022/23
£
679,650
1,433,529
2,113,179
GrantsawardedfromGeneralFundtoIndividuals
19awards(2022/23- 21awards)

23,300

19,600
TotalgrantsawardedfromGeneralFund
Unclaimedgrantswrittenback
2,026,245
(570)
—-2,132,779
(17,250)
DesignatedFunds
SpecialProjectFund 6,000
TotalgrantsawardedfromUnrestrictedFunds

2,025,675.


2,121,529
SupportCosts
ManagementCosts:Administration
Office
FinanceCosts:Administration
Office
Governancecosts(seenote5)


23,943
11,636
23,943
11,636
29,215
2,126,048


21,950
9,486
21,950
9,486
23,727
2,208,128
GrantsawardedfromExpendableEndowmentFunds
GiftandLegacyFund
57,500 38,000
GrantsawardedfromRestrictedFunds
FriendsofDrapers’Almshouses(FODAH) 3,792 2,653
BaronessdeTurckheimMusicFund
GuildhallSchoolofMusic& Drama 11,500
RoyalAcademyofMusic 11,500
RoyalCollegeofMusic 11,500
RoyalNorthernCollegeofMusic 11,500
StPaul’sCathedralChoristerTrust
TrinityLabanConservatoireofMusic& Dance
BangorResearchFellowshipFund
11,000
11,500
68,500
51,000
68,500
51,000
Drapers’ConsolidatedCharity
HaroldHillFoodbank
HomeStartHavering
RLGlasspoolTrust
CrosslightAdvice
AbbeyCommunityAssociation
BEfriend
StPancrasCommunityAssociation
SufraNWLondon
Helponyourdoorstep
AbbeyCommunityCentre
Welfarepayments(6individuals)
Drapers’AcademyEndowmentFund
25,000
25,000
25,000
20,000
15,000
15,000
15,000
15,000
14,000
10,000
1,762
180,762
89,201
193,333
89,201
Balancec/fwd

393,255

404,687

2023/24 2022/23
£ £
GrantsawardedfromRestrictedFunds(contd)
Balanceb/fwd 393,255 404,687
HenryDixon’sFoundationforApprenticing:
UKFT 33,250
UniversityofLeeds 21,600
FrameworkKnitters’Company 15,000
LondonMetropolitianUniversity 13,310
Weavers’Company 8,710 91,870 69,666
Drapers’(WilliamandMary)TercentennialAward
QueenMary,UniversityofLondon
RedcliffeFoundationFund
10,000
151,446
10,000
151,446
TotalgrantsawardedfromRestrictedFunds

646,571


635,799
Governancecosts 2023/24 2022/23
L £
Administrationstaffcosts
Officecosts
Auditfees
Other

11,969
5,817
10,844
585

10,972
4,74]
7,406
608
29,215
23,727
6 Investments 2023/24 2022/23
PoolingScheme Investment Total Total
£ Property £ £
£
Marketvalueat1 August 72,081,236 3,033,324 75,114,560 77,026,193
Acquisitions 140,983 - 140,983 240,259
Leaseamortisation
Netinvestmentgains/(losses)

-
4,609,867

(433,332)
-

(433,332)
4,609,867

(433,332)
(1,718,560)
Marketvalueat31July
76,832,086

2,599,992

79,432,078

75,114,560
Historicalcostat31July 33,527,475
-
33,527,475
33,386,492

Investments(contd): Investments(contd): Investments(contd): Investments(contd): Investments(contd): Investments(contd): Investments(contd):
AllinvestmentassetsareheldwithintheUnitedKingdom.InvestmentsconsistofholdingsintheDrapers’
CharitiesPoolingScheme(CharityNo
1061675)and
its
interest
inaninvestmentpropertygiftedby
ThrogmortonAssetsplc,a whollyownedsubsidiaryof theDrapers’Company(seeNote14).
7 Debtors
2023/24 2022/23
£ £
Accruedincome
33,322

232,591


33,322


232,591
8 Creditors:Amountsfallingdue withinoneyear
2023/24 2022/23
Provisionforgrantspayable
Sundrycreditors
£
106,651
90,804
£
84,500
58,564

197,455

173,064
9 Futurecharitablecommitments

Unrestricted Restricted Endowment Total
Funds Funds Funds 31.07.24
£ £ £ £
Investments 2,599,992 26,258,612 50,573,474 79,432,078
Netcurrentassets 1,218,205 (18,070,813) 18,126,899 1,274,291


3,818,197


8,187,799


68,700,373


80,706,369
Unrestricted Restricted Endowment Total
Funds Funds Funds 31.07.23
£ £ £ £
Investments 3,033,324 24,642,445 47,438,791 75,114,560
Netcurrentassets 1,538,278 (17,045,245) 16,991,419 1,484,452

4,571,602


7,597,200


64,430,210


76,599,012

11
Endowmentfunds
Balance Income Expenditure Gains/Losses Transfers Balance
01.08.23 31.07.24
£ £ £ £ £ £
ExpendableEndowment 44,824,872 - 2,882,775 - 47,707,647

Fund
PermanentEndowment
Fund
Drapers’Consolidated
6,926,130 - - 448,378 (46,448) 7,328,060
Charity
Drapers’Consolidated
1,777,581 53,530 - 165,422 49,002 2,045,535

Charity(CRF)
HenryDixon’sFoundation
Drapers’WilliamandMary
RedcliffeFoundationFund

2,745,936
527,373
5,349,976

-
-
-

-
-
-

175,590
33,723
342.108

1,428
(2,535)
-

2,922,954
558,561
5,692,084

17,326,996

53,530

-

1,165,221

1,447

18,547,194
GiftandLegacyFund 2,278,342 118,342 (57,500) 106,348 - 2,445,532



64,430,210


171,872


(57,500)


4,154,344


1,447


68,700,373
Balance Income Expenditure Gains/Losses Transfers Balance
01.08.22 31.07.23
£ £ £ £ £ £
ExpendableEndowment 45,905,139 - - (1,080,267) - 44,824,872

Fund
PermanentEndowment
Fund
Drapers’Consolidated
7,094,152 - - (168,022) - 6,926,130
Charity
Drapers’Consolidated
1,767,151 50,285 - (39,855) - 1,777,581

Charity(CRF)
HenryDixon’sFoundation
Drapers’WilliamandMary
RedcliffeFoundationFund

2,811,735
540,010
5,478,175

-
-
-

-
-
-

(65,799)
(12,637)
(128,199)

-
-
-

2,745,936
527,373
5,349,976

17,691,223

50,285

-

(414,512)

-

17,326,996
GiftandLegacyFund 2,275,734 93,689 (38,000) (53,081) - 2,278,342


65,872,096

143,974

(38,000)

(1,547,860)


64.430.210

12
Restrictedfunds
Movements ofFunds
Balance Income Expenditure Gains/Losses Transfers Balance
01.08.23 31.07.24
£ £ £ £ £ £
BangorResearch 1,642,568 45,386 (51,000) 102,524 128,444 1,867,922
FellowshipFund
FriendsofDrapers’ 3,557 - (3,792) - 8,100 7,865
AlmshousesFund
BaronessdeTurckheim 2,450,482 66,557 (68,500) 150,349 - 2,598,888
MusicFund
TaylorCharitableTrust 23,710 510 - 1,151 - 25,371
Drapers’Academy 3,150,264 89,201 (89,201) 201,499 851 3,352,614
EndowmentFund
Drapers’Consolidated 120,522 198,491 (180,762) - - 138,251
Charity
HenryDixonsFoundation 166,250 77,732 (91,870) - - 152,112
Drapers’WilliamandMary 39,847 14,929 (10,000) - - 44,776
RedcliffeFoundationFund - 151,446 (151,446) - - -



7,597,200


644,252


(646,571)


455,523


137,395


8,187,799
Movements ofFunds
Balance Income Expenditure Gains/Losses Transfers Balance
01.08.22 31.07.23
£ £ £ £ £ £
BangorResearch 1,686,601 45,386 (51,000) (38,419) - 1,642,568
FellowshipFund
FriendsofDrapers’ 210 - (2,653) - 6,000 3,557
AlmshousesFund
BaronessdeTurckheim 2,508,766 66,557 (68,500) (56,341) - 2,450,482
MusicFund
TaylorCharitableTrust 23,632 510 - (432) - 23,710
Drapers’Academy 3,225,772 89,201 (89,201) (75,508) - 3,150,264
EndowmentFund
Drapers’Consolidated 115,364 198,491 (193,333) - - 120,522
Charity
HenryDixonsFoundation 158,184 77,732 (69,666) - - 166,250
Drapers’WilliamandMary 34,918 14,929 (10,000) - - 39,847
RedcliffeFoundationFund - 151,446 (151,446) - - -


7,753,447

644,252

(635,799)

(170,700)

6,000

7,597,200

Balance Incoming Resources Transfers Balance
01.08.23 Resources Expended 31.07.24
£ £ £ £ £
DesignatedFunds:
SpecialProjectsFund 422,183 f - (422,183) -
IntermediateLeaseFund 3,033,324 - (433,332) - 2,599,992

3,455,507

(433,332)

(422,183)

2,599,992
GeneralFund 1,116,095 1,944,817 (2,126,048) 283,341 1,218,205


4,571,602


1,944,817


(2,559,380)


(138,842)


3,818,197
Balance Incoming Resources Transfers Balance
01.08.22 Resources Expended 31.07.23
£ £ £ £ £
DesignatedFunds:
SpecialProjectsFund 428,183 ~ (6,000) - 422,183
IntermediateLeaseFund 3,466,656 - (433,332) - 3,033,324

3,894,839

(439,332)

a

3,455,507
GeneralFund 1,404,373 1,919,850 (2,208,128) 1,116,095

5,299,212

1,919,850

(2,647,460)

-

4,571,602

16
PrioryearSOFA
Unrestricted Restricted Endowment Total
Fund Fund Fund 2022/23
£ £ £ £
Incomingandendowmentsfrom:
Donationsandlegacies
Investments

79,000
1,840,850

644,252

93,689
50,285

172,689
2,535,387
Total
1,919,850

644,252

143,974

2,708,076
Expenditureon:
Charitableactivities
2,208,128

635,799

38,000

2.881.927
Total
2,208,128

635,799

38,000

2,881,927
Netinvestmentgains (170,700) (1,547,860) (1,718,560)
Leaseholdamortisation (433,332) (433,332)
Netincome/ expenditure
(721,610)

(162,247)

(1,441,886)

(2,325,743)
Transferbetweenfunds
(6,000)

6,000
Netmovementinfunds
(727,610)

(156,247)|

(1,441,886)

(2,325,743)|
Balancesat1 August 5,299,212 7,753,447 65,872,096 78,924,755
Balancesat31July
4,571,602

7,597,200

64,430,210

76,599,012

APPENDIX A REFERENCE AND ADMINISTRATXVE INFORMATION Trustee Thc Drapers, Company Priueipal office Drapers, Hall Throgmorton Avenue Londo EC2N 2DQ Court of Assistants Nicholas Ben¢e-Trower David Ch81k William Chamley Jane Mather Philp Ogden Timothy Orchard Thomas Harris Stuarl Shilson Patrick Beddows Philip La￿Ord Morng Shiach Timothy Page Richard Horner Luke Savage Andrew Ford Ncil Redcliffe Benedict Dunhill Offl¢ers Richard Winstanley (Clerk) David SumneT (Dir¢Ltor of Finance) Andrew Mellows (Director of Philanihropy)

APPENDIX A REFERENCE AND ADMINISTRATtVE INFORMATION (continued) Almshouse Managers The Trust Partnership Ltd 6 Trull Farm Buildings Tetbury GIL)ucestershir¢ GL8 8SQ Auditors Saffery LLP 71 Queen Victoria Street London EC4V 4BE Bankers Lloyds TSB PIC 70-71 Che&psid¢ London EC2V 6EN Investment Advisors Red]n￿on Floor 6 l Angel Court London EC2R 7HJ Property VAluers Krlight Frank 20 Hanover Square London WIROAH Scrurltlu Custodlan RBC Investor & Treasury Services 71 Queen Victoria Sireet London EC4V 4DE Solicitors BDB Pitma￿% LLP 50 Broadway Westminsl¢r London SWIHOBL Surveyors Epic Property Asset Managemem Ltd 3 Burlington Gardens Londotl WIS3EP

APPENDIX A REFERENCE AND ADMINISTIL4TIVE INFORMATION (continued) GOVERNANCE Th¢ Drapers, Company is the Trustee and acts through its Court of Assistants ("the Court"), which meets at least six times a year and thkes all policy decision5. Tlwee Standing Committees oversee grani allocation. finance, and investments respectively while the njnning of the Almshouses is overs¢¢n by the Court of Wardens. Further details are given below. Appendix B lists Members of the Court and the Standing Committees. The Court acts as the main Board of Trustees, setting policy guidelines, approving Financial Statements, budgets and major investment decisions. D¢iail¢d work is handlcd by the CoTnpany's Standing Committees and the Court of Wardens. The Investment5 Committee, the Court of Wardens and the Finance and General Purposes Committee usually mcet between five alld ten times 8 year, according to need. whilst the Charities Committee. which is responsible lor thc allocation of grants, meets five times a year. Once decisions have been taken and, if necessary, amended or fdtified by the Court, they are irnpleTncnled by the Company's Officers The operation of the Committees is reviewed annually by the Court for effectivencss against the overall aims and objectives of ihe Company and its Charities. Each year the Court elects al least one TJ¢W member from the Company m¢mtrtrship and they are given specific training on trustee duties and obligalions by ihe Company's OtTi¢ers aiid external providers before taking up their position. In addition, all members of the Court receive regular and ongoing trustee trdining in relevant areas.

APPENDIX A REFERENCE AND ADMINISTRATIVE INFORMATION (continued) APPLICABLE COMMITTEE AND COURT TERMS OF REFERENCE Court of Warden5 To oversee the day to day management of the almshouse Charities other than any financial or strategic aspects relating io the almshous&s dealt with by the Finance and General Purposes Committee. Investments Committee To determine investment strategy for the Charities and to monitor and oversee the management of inveslments including property, equities. Ix)nds. cash and other cl&8ses of investment. To make recommendations lo the Court as to the all￿tIon of a55ets among differ¢nt clgsses of investments having regard to risk diversification and where applicable besi practice for charities. To keep the ￿rfOrmance of the Charities, invesknent advisors under review hnd to make recommendations to the Court on their appointment, lenns of reference and fee5, Without detracting from the Tesponsibilitie5 delegated lo the Clerk. To examine the performance of the Charities, inv¢stm¢nts al intervals of not rnore than three months and lo Teport lo the Court. To approve all lettings, PUTchases and 5al¢s of investment property. renl revi¢ws and other properry transactions and to make re¢omrnendation5 to the Couri for approval of all substantial investment property transactions. To keep the condition of the Charities, investment properties under review. To ensure thai the Charities, investment properties are properly and adequately insured. Flnance and General Purpnses Commlttee To be the supervisory FK)dy for the financial str&legy and financial Control and keep the financial arrangemenrs of The Company under review, including the preparation and presentation of accounts and budgetsry control. 10 To prc5ent to the Court not later than iheir December meeting in ea¢h y¢8r ihc final audited Financial Statements and A¢count5 in respect of Charitics for the previous year ended the 31 July duly reviewed by the Chai'ities, Aiiditor5. To review and advise on the Charities. compliance with all legal, audit and regulalory requirements and best practice. 12 To ensure that risk asSessM￿ts for the Charitie5 are duly carried out and that recommenda¢ioThs are implem¢nted. 13 To set the Charities, granl-making budgets in each Company Year, Subject to the approval of the Court and generally to review and advise on all matters relating to the financial strategy and financial arrang¢ments of the Charities.

APPENDIX A REFERENCE AND ADMINISTRATIVE INFORMATION (continued) APPLICABLE COMMirfEE AND COURT TERMS OF REFERENCE (continued) Charltlts Committs¢ 14 To keep the objects of each Charity under review and ensure that they are up to date and rel¢vant. 15 To review grant making policy (including themes for support) and procedure5 at least every three years and to make r¢cornmendation5 to the Court. 16 To review the provision, value and administration of Continuing grants (including block grants) at least every three years. 17 To manage the disbursement of all charitable monies and ensure that effe¢tiv¢ us¢ is mad¢ of charitable income. 18 To consider and approve any gran15 UP to £S0,OIKJ for each Charity and lo recommend to ihe Court any grants exceeding £50,IKH), provided that no grant shall be paid to the relevant beneficiary until the minute5 of the Charities Committee hav¢ been received by tlie Court. 19 To allocate charitable expenditure within the overall grant making budgets approved by the Court. 20 To receive reports on any grnnts mad¢ by the chairman under delegated authority. 21 To evaluate and monitor the effectiveness of all charitsble aclivities. 22 To oversee the work of the Thomas Howell Education Fund for North Wales (THEFNW) and the Govemors of Sir William Boreman Foundation.

APPENDIX B MEMBERSHIP OF STANDING COMtTTEES YEAR ENDED 31 JULY 2024 Court of Assistants Charltie5 Investment F&GP Nicholas Bence•Trower David Chalk William Charnl Jane Mather Phili Timoih Orchard Thomas Harris Sluaft Shilson PatriLk B¥ddows Phili La￿￿ord Mora Shiach Timoth P Richard Horner Luke Sava Andrew Ford Neil Redcliffe Benedict Dunhill AddltlonAI Commlltee Mcmbers lan Bickers Bhumbra Kaih¢rine Burns Patricia Gallan Michael Hu hes uentin Marshall Victoria Slia iro Graham Turnnck Andrew Youn er Llve men & Freemen Legend.. Chairman M = Member

APPENDIX C CHAIUTIES ADMINISTERED BY THE DRAPERS, COMPANY YEAR ENDED 31 JULY 2024 General Charltles The DrdFrs' Charitable Fund The DraFKrs' Charitie5 Pooling Scheme Alm$house Charlty The Drape¢s' Almshouse Charity EducAtIoD Ch8rltle$ Francis Bancroft's Trust Thomas Howell's TnLqt The Thom&8 Howell's Education Fund for North Wales Sir William Boreman's Foundation