2025-07-31-accounts - Drapers Charitable Fund

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.


`CONTENTS`	`Page`
`Reportof theTrustee`	`1-13`
`Independentauditors’report`	`14-17`
`Statementoffinancialactivities`	`18`
`Balancesheet`	`19`
`StatementofCashFlow`	`20`
`Notestothefinancialstatements`	`21-32`
`AppendixA`
`Reference& Administrativeinformation`

		`Unrestricted`	`Restricted`	`Endowment`	`Total`	`Total`
		`Fund`	`Fund`	`Fund`	`2025`	`2024`
	`Note`	`£`	`£`	`£`	`£`	`£`
`Incoming` `and` `endowments`
`from:`
`Donationsandlegacies` `Investments`	`2` `3`	`96,000` `1,888,772`	`-` `644,252`	`105,582` `56,003`	`201,582` `2,589,027`	`207,340` `2,553,601`
`Total`		`1,984,772`	`644,252`	`161,585`	`2,790,609`	`2,760,941`
`Expenditureon:`
`Charitableactivities`	`4,5`	`2,063,105`	`643,707`	`47,000`	`2,753,812`	`2,830,119`
`Total`		`2,063,105`	`643,707`	`47,000`	`2,753,812`	`2,830,119`
`Netinvestmentgains/(losses)`	`6,11,12`	`-`	`549,947`	`6,327,028`	`6,876,975`	`4,609,867`
`Leaseholdamortisation`	`6`	`(433,332)`	`-`	`-`	`(433,332)`	`(433,332)`
`Netincome/ (expenditure)`		`(511,665)`	`550,492`	`6,441,613`	`6,480,440`	`4,107,357`
`Transferbetweenfunds`	`11,12,13`	`(8,100)`	`8,100`	`-`	`-`	`-`
`Netmovementinfunds`		`(519,765)`	`558,592`	`6,441,613`	`6,480,440`	`4,107,357`
`Balanceat` `1August`		`3,818,197`	`8,187,799`	`68,700,373`	`80,706,369`	`76,599,012`
`Balancesat31July`		`3,298,432`	`8,746,391`	`75,141,986`	`87,186,809`	`80,706,369`

			`2025`		`2024`
	`Note`	`£`	`£`	`£`	`£`
`Fixedassets` `Investments`	`6`		`85,938,889`		`79,432,078`
`Currentassets`
`Debtors`	`7`	`247,897`		`33,322`
`Cashatbank`		`1,511,038`		`1,438,424`
		`1,758,935`		`1,471,746`
`Liabilities`
`Creditors:amountsfalling` `duewithinoneyear`	`8`	`(511,015)`		`(197,455)`
`Netcurrentassets`			`1,247,920`		`1,274,291`
`Totalnetassets`	`10`		`87,186,809`		`80,706,369`
`Representedby:`
`Capitalfunds`
`EndowmentFund`	`11`		`75,141,986`		`68,700,373`
`Incomefunds` `RestrictedFunds`	`12`		`8,746,391`		`8,187,799`
`Unrestrictedfunds:`
`DesignatedFunds` `GeneralFunds`	`13` `13`	`2,166,660` `1,131,772`		`2,599,992` `1,218,205`
			`3,298,432`		`3,818,197`
			`87,186,809`		`80,706,369`
			`——<—_—_—_—_———`		`——_——————`

`Cashflowfromoperatingactivities:`			`2025` `£`	`2024` `£`	`2024` `£`
`Netcashusedinoperatingactivities`		`CF1`	`(2,558,827)`	`(2,716,060)`
`Cashflowfromfinancingactivities`
`Newendowment`			`105,582`	`118,342`
`Cashflowfrominvestingactivities:`
`Dividends,interestandrentfrominvestments` `Purchaseofinvestments` `Disposalofinvestments` `Netcashfrominvestingactivities`			`2,589,027` `(191,612)` `128,444` `2,525,859`	`2,752,200` `(140,983)` `2,611,217`	`5`
`Changesincashandcashequivalentsintheyear`			`72,614`	`13,499`
`Cashandcashequivalentsat` `1August`		`CF2`	`1,438,424`	`1,424,925`
`Cashandcashequivalentsat31July`		`CF2`	`1,511,038`	`1,438,424`
`CF1Reconciliationofnetincome/expendituretonetcashflowfrom` `Netincome/expenditure` `Adjustmentsfor:`			`operatingactivities` `2025` `£` `6,480,440`	`2024` `£` `4,107,357`
`(Gains)/lossesoninvestments` `Dividendsincomeandrentsfrominvestments` `AmortisationofThrogmortonAssetslease` `(Increase)/decreaseindebtors` `Increaseincreditors` `Receiptofendowment` `Netcashusedinoperatingactivities`			`(6,876,975)` `(2,589,027)` `433,332` `(214,574)` `313,559` `(105,582)` `(2,558,827)`	`(4,609,867)` `(2,553,601)` `433,332` `670` `24,391` `(118,342)` `(2,716,060)`
`CF2Analysisofcashandcashequivalents`
`Cashinhand`			`2025` `£` `1,511,038`	`2024` `£` `1,438,424`
			`1,511,038`	`1,438,424`
`Analysisofchangesinnetdebt`
`Atstartofyear`	`Cash`	`flows`	`Atendofyear`
`£` `Cash` `1,438,424`	`Pa` `72,614`		`£` `1,511,038`

`2`	`Voluntaryincome`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`2025`
		`£`		`£`	`£`
	`DonationfromTheDrapers’Company`	`96,000`	`-`	`-`	`96,000`
	`Otherdonations`	`-`	`-`	`105,582`	`105,582`
		`96,000`	`-`	`105,582`	`201,582`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`2024`
		`£`	`£`	`£`	`£`
	`DonationfromTheDrapers’Company`	`88,998`	`-`	`-`	`88,998`
	`Otherdonations`	`-`	`-`	`118,342`	`118,342`
		`88,998`	`-`	`118,342`	`207,340`
`3`	`Investmentincome`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`2025`
		`£`	`£`	`£`	`£`
	`DividendsreceivablefromDrapers’CharitiesPooling`	`1,343,976`	`644,252`	`56,003`	`2,044,231`
	`Scheme`
	`Rentsreceivedfromintermediatelease`	`500,000`	`-`	`-`	`500,000`
	`Bankinterestreceivable`	`44,796`	`-`	`-`	`44,796`
		`1,888,772`	`644,252`	`56,003`	`2,589,027`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`2024`
		`£`	`£`	`£`	`£`
	`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`

`Costofgrantsawarded`
`GrantsawardedfromUnrestrictedFunds`
`GeneralFund`
`Bancroft’sSchool(2awards)` `BangorUniversity` `TheHonTheIrishSociety` `PembrokeCollege,Cambridge` `QueenMaryUniversityofLondon` `ActionTutoring` `HertfordCollege,Oxford` `LiteracyPirates` `NoGoingBackFoundation` `PrisonRadioAssociation`	`71,500` `40,000` `40,000` `35,000` `35,000` `30,000` `30,000` `30,000` `30,000` `30,000`
`ShrewsburyDrapers’Company` `StAnne’sCollege,Oxford` `VeteransAid` `KirkhamGrammarSchool(3awards)` `MK` `Snap` `BeatingTime` `DriveForward` `FairShot` `FineCellWork` `FutureFrontiers` `HaroldHillFoodbank` `Home-StartHavering& Redbridge` `LaunchIt` `OasisChildren’sCentre` `RecruitmentJunction` `RoyalNationalChildren’sSpringboardFoundation` `SixtyOne` `SocialMobilityFoundation`	`30,000` `30,000` `30,000` `28,350` `26,200` `25,000` `25,000` `25,000` `25,000` `25,000` `25,000` `25,000` `25,000` `25,000` `25,000` `25,000` `25,000` `25,000`
`StPaul’sWayTrustSchool(2awards)` `StollFoundation` `Thrive` `TrailblazersMentoring` `UniversifyEducation` `71*(CityofLondon)YeomanrySignalRegiment` `CityandGuildsofLondonArtSchool` `Become(2awards)` `999Club` `TheAccessProject` `CreativeDimensionTrust` `ForestChurchesEmergencyNightShelter` `HackneyDoorways` `HealthyLivingProjects` `In2Change` `LiveryFoodInitiative` `NEWwayProject` `OnwardandUpwards` `Balancec/fwd`	`25,000` `25,000` `25,000` `25,000` `23,632` `21,600` `20,900` `20,500` `20,000` `20,000` `20,000` `20,000` `20,000` `20,000` `20,000` `20,000` `20,000` `20,000` `1,227,682`	`20,000` `25,000` `637,700`

			`2025`		`2024`
			`£`		`a`
`Balanceb/fwd` `I` `PrisonReformTrust`			`1,227,682` `20,000`		`637,700` `-`
`ProvidenceRow` `ResurgoTrust` `SisterSystem` `148grantstofurther146charities/institutions`			`20,000` `20,000` `20,000` `599,770`		`20,000` `-` `-` `1,345,245`
`TotalgrantsawardedfromGeneralFundtoInstitutions`			`1,907,452`		`2,002,945`
`GrantsawardedfromGeneralFundtoIndividuals`
`43awards`			`32,300`		`23,300`
`TotalgrantsawardedfromGeneralFund` `Unclaimedgrantswrittenback`			`1,939,752` `(910)`		`2,026,245` `(570)`
`TotalgrantsawardedfromUnrestrictedFunds`			`1,938,842`		`2,025,675`
`SupportCosts` `ManagementCosts:Administration` `Office`			`26,405` `11,796`		`23,943` `11,636`
`FinanceCosts:Administration` `Office`			`26,405` `11,796`		`23,943` `11,636`
`Governancecosts(seenote5)`			`47,861` `2,063,105`		`29,215` `2,126,048`
`GrantsawardedfromExpendableEndowmentFunds` `GiftandLegacyFund`			`47,000`		`57,500`
`GrantsawardedfromRestrictedFunds`			`2025`	`2024`
	`£`		`fe`	`=`	`£`
`FriendsofDrapers’Almshouses(FODAH)`			`2,572`		`3,792`
`BaronessdeTurckheimMusicFund`
`GuildhallSchoolofMusic& Drama` `RoyalAcademyofMusic` `RoyalCollegeofMusic` `RoyalNorthernCollegeofMusic`	`11,500` `11,500` `11,500` `11,500`			`11,500` `11,500` `11,500` `11,500`
`StPaul’sCathedralChoristerTrust` `TrinityLabanConservatoireofMusic& Dance`	`11,000` `11,500`		`68,500`	`11,000` `11,500`	`68,500`
`BangorResearchFellowshipFund`			`51,000`		`51,000`
`Drapers’ConsolidatedCharity`
`BeEnriched`	`25,000`
`BowFoodbank`	`25,000`
`Welcare` `BonnyDownsCommunityAssociation`	`25,000` `24,373`
`CareWorkersCharity`	`20,000`
`OasisCommunityHubWaterloo` `Shepherd’sBushFamilyProject& ChildrenCentre`	`20,000` `20,000`
`WorkingFamilies`	`15,000`
`UkraineChain` `Welfarepayments(5individuals)`	`5,000` `2,247`			`2,247`
`Others`		`-`		`178,515`
			`181,620`		`180,762`
`BalanceC/fwd`			`303,692`		`304,054`

				`2025`			`2024`
	`GrantsawardedfromRestrictedFunds(cont’d)` `Balanceb/fwd` `Drapers’AcademyEndowmentFund` `HenryDixon’sFoundationforApprenticing:`			`£` `303,692` `89,201`			`£` `304,054` `89,201`
	`UniversityofLeeds` `FrameworkKnitters’Company` `LondonMetropolitanUniversity` `Weavers’Company` `ShrewsburyDrapers’Company` `FashionForwardSociety` `Others`	`41,740` `20,000` `15,665` `8,963` `1,500` `1,500`	`.`		`30,310` `15,000` `13,310` `33,250`	`-` `-` `-`
				`89,368`			`91,870`
	`Drapers’(WilliamandMary)TercentennialAward`
	`QueenMaryUniversityofLondon` `RedcliffeFoundationFund`			`10,000` `151,446`			`10,000` `151,446`
	`TotalgrantsawardedfromRestrictedFunds`			`643,707`			`646,571`
`5`	`Governancecosts`
				`2025`			`2024`
	`Administrationstaffcosts` `Officecosts` `Auditfees` `Other`			`£` `13,200` `5,897` `9,526` `19,238`			`£` `11,969` `5,817` `10,844` `585`
				`47,861`			`29,215`

`Investments`
			`2025`	`2024`
	`PoolingScheme`	`Investment`	`Total`	`Total`
	`£`	`Property`	`£`	`£`
		`£`
`Marketvalueat` `1August` `Acquisitions` `Disposals` `Leaseamortisation` `Netinvestmentgains/(losses)`	`76,832,086` `191,612` `(128,444)` `-` `6,876,975`	`2,599,992` `-` `-` `(433,332)` `-`	`79,432,078` `191,612` `(128,444)` `(433,332)` `6,876,975`	`75,114,560` `140,983` `-` `(433,332)` `4,609,867`
`Marketvalueat31July`	`83,772,229`	`2,166,660`	`85,938,889`	`79,432,078`
`Historicalcostat31July`	`33,590,643`	`-`	`33,590,643`	`33,527,475`

`Debtors`
	`2025`	`2024`
	`£`	`£`
`Accruedincome`	`247,897`	`33,332`
	`247,897`	`33,332`
`Creditors:Amountsfallingduewithinoneyear`	`2025`	`2024`
	`£`	`£`
`Provisionforgrantspayable`	`191,600`	`106,651`
`Sundrycreditors`	`319,415`	`90,804`
	`511,015`	`197,455`

	`Unrestricted`	`Unrestricted`	`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`2025`
`Investments`		`£` `2,166,660`	`£` `28,742,893`	`£` `55,029,336`	`£` `85,938,889`
`Netcurrentassets`		`1,131,772`	`(19,996,502)`	`20,112,650`	`1,247,920`
		`3,298,432`	`8,746,391`	`75,141,986`	`87,186,809`
	`Unrestricted`		`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`2024`
`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`
`11` `Endowmentfunds`
	`1August`	`Income`	`Expenditure`	`Gains/Losses` `Transfers`	`31July`
	`2024`				`2025`
`ExpendableEndowment` `Fund`	`£` `47,707,647`	`£` `-`	`£` `-`	`£` `£` `4,421,756` `-`	`£` `52,129,403`
`PermanentEndowment`
`Fund`
`Drapers’Consolidated` `Charity`	`7,328,060`	`.`	`-`	`667,748` `(12,250)`	`7,983,558`
`Drapers’Consolidated` `Charity(CRF)`	`2,045,535`	`56,003`	`-`	`188,329` `12,250`	`2,302,117`
`HenryDixon’sFoundation` `Drapers’WilliamandMary` `RedcliffeFoundationFund`	`2,922,954` `558,561` `5,692,084`	`-` `.` `-`	`-` `-` `-`	`261,499` `-` `50,222` `-` `509,483` `-`	`3,184,453` `608,783` `6,201,567`
	`18,547,194`	`56,003`	`-`	`1,677,281` `-`	`20,280,478`
`GiftandLegacyFund`	`2,445,532`	`105,582`	`(47,000)`	`227,991` `-`	`2,732,105`
	`68.700.373`	`161,585`	`(47,000)`	`6,327,028` `-`	`75,141,986`

`ExpendableEndowment`	`1August` `2023` `£` `44,824,872`	`Income` `£` `-`	`Expenditure` `£` `-`	`Gains/Losses` `£` `2,882,775`	`Transfers` `£` `-`	`31July` `2024` `£` `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` `17,326,996`	`-` `-` `-` `53,530`	`+` `-` `-` `-`	`175,590` `33,723` `342,108` `1,165,221`	`1,428` `(2,535)` `-` `1,447`	`2,922,954` `558,561` `5.692.084` `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`

`TheDrapers’` `ConsolidatedCharity` `CapitalRecoupmentFundwas` `established` `SupplementalOrderoftheCharityCommission,dated22January1988.Anannual` `theincomeofthecharity,plustheannualincomeearnedbytheFund,isinvestedto`	`TheDrapers’` `ConsolidatedCharity` `CapitalRecoupmentFundwas` `established` `SupplementalOrderoftheCharityCommission,dated22January1988.Anannual` `theincomeofthecharity,plustheannualincomeearnedbytheFund,isinvestedto`	`TheDrapers’` `ConsolidatedCharity` `CapitalRecoupmentFundwas` `established` `SupplementalOrderoftheCharityCommission,dated22January1988.Anannual` `theincomeofthecharity,plustheannualincomeearnedbytheFund,isinvestedto`	`TheDrapers’` `ConsolidatedCharity` `CapitalRecoupmentFundwas` `established` `SupplementalOrderoftheCharityCommission,dated22January1988.Anannual` `theincomeofthecharity,plustheannualincomeearnedbytheFund,isinvestedto`	`TheDrapers’` `ConsolidatedCharity` `CapitalRecoupmentFundwas` `established` `SupplementalOrderoftheCharityCommission,dated22January1988.Anannual` `theincomeofthecharity,plustheannualincomeearnedbytheFund,isinvestedto`	`TheDrapers’` `ConsolidatedCharity` `CapitalRecoupmentFundwas` `established` `SupplementalOrderoftheCharityCommission,dated22January1988.Anannual` `theincomeofthecharity,plustheannualincomeearnedbytheFund,isinvestedto`	`inaccordance` `with` `a` `amountof£12,250from` `recoup£3,500,000over`	`inaccordance` `with` `a` `amountof£12,250from` `recoup£3,500,000over`	`inaccordance` `with` `a` `amountof£12,250from` `recoup£3,500,000over`
`60years.`
`12` `Restrictedfunds`
		`Movements`	`ofFunds`
`BangorResearch`	`1August` `2024` `£` `1,867,922`	`Income` `£` `40,959`	`Expenditure` `£` `(51,000)`	`Gains/Losses` `ce` `28,668`		`Transfers` `2` `-`		`31July` `2025` `£` `1,886,549`
`FellowshipFund` `FriendsofDrapers’`	`7,865`	`-`	`(2,572)`		`-`	`8,100`		`13,393`
`AlmshousesFund` `BaronessdeTurckheim`	`2,598,888`	`70,984`	`(68,500)`		`219,480`		`-`	`2,820,852`
`MusicFund` `TaylorCharitableTrust` `Drapers’Academy`	`25.371` `3,352,614`	`510` `89,201`	`-` `(89,201)`		`1,715` `300,084`		`-` `-`	`27,596` `3,652,698`
`EndowmentFund` `Drapers’Consolidated`	`138,251`	`198,491`	`(181,620)`		`-`		`-`	`155,122`
`Charity` `HenryDixonsFoundation` `Drapers’WilliamandMary` `RedcliffeFoundationFund`	`152,112` `44,776` `-`	`77,732` `14,929` `151,446`	`(89,368)` `(10,000)` `(151,446)`		`-` `-` `-`		`-` `-` `-`	`140,476` `49,705`	`-`
	`8.187.799`	`644,252`	`(643,707)`		`549.947`	`8.100`		`8.746.391`

		`Movements`	`ofFunds`
`BangorResearch` `FellowshipFund`	`1August` `2023` `£` `1,642,568`	`Income` `£` `45,386`	`Expenditure` `=` `(51,000)`	`Gains/Losses` `£` `102,524`	`Transfers` `£` `128,444`	`31July` `2024` `£` `1,867,922`
`FriendsofDrapers’` `AlmshousesFund`	`3,557`	`-`	`(3,792)`	`-`	`8,100`	`7,865`
`BaronessdeTurckheim` `MusicFund`	`2,450,482`	`66,557`	`(68,500)`	`150,349`	`-`	`2,598,888`
`TaylorCharitableTrust` `Drapers’Academy` `EndowmentFund`	`23,710` `3,150,264`	`510` `89,201`	`-` `(89,201)`	`1,151` `201,499`	`-` `851`	`25,371` `3,352,614`
`Drapers’Consolidated` `Charity`	`120,522`	`198,491`	`(180,762)`	`-`	`-`	`138,251`
`HenryDixonsFoundation` `Drapers’WilliamandMary` `RedcliffeFoundationFund`	`166,250` `39,847` `-`	`77,732` `14,929` `151,446`	`(91,870)` `(10,000)` `(151,446)`	`-` `-` `-`	`-` `-` `-`	`152,112` `44,776` `-`
	`7,597,200`	`644,252`	`(646,571)`	`455,523`	`137,395`	`8,187,799`

	`1August`	`Incoming`	`Resources`	`Transfers`	`31July`
	`2024` `£`	`Resources` `£`	`Expended` `£`	`£`	`2025` `£`
`DesignatedFunds:` `IntermediateLeaseFund`	`2,599,992` `2,599,992`	`-`	`(433,332)` `(433,332)`	`-` `-`	`2,166,660` `2,166,660`
`GeneralFund`	`1,218,205`	`1,984,772`	`(2,063,105)`	`(8,100)`	`1,131,772`
	`3,818,197`	`1,984,772`	`(2,496,437)`	`(8,100)`	`3,298,432`
	`1August`	`Incoming`	`Resources`	`Transfers`	`31July`
	`2023` `£`	`Resources` `£`	`Expended` `£`	`£`	`2024` `£`
`DesignatedFunds:` `SpecialProjectsFund`	`422,183`	`-`	`-`	`(422,183)`	`-`
`IntermediateLeaseFund`	`3,033,324` `3,455,507`	`-`	`(433,332)` `(433,332)`	`-` `(422,183)`	`2,599,992` `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`

	`Unrestricted` `Fund`	`Restricted` `Fund`	`Endowment` `Fund`	`Total` `2024`
	`£`	`£`	`£`	`£`
`Incomingandendowmentsfrom:`
`Donationsandlegacies` `Investments`	`88,998` `1,855,819`	`-` `644,252`	`118,342` `53,530`	`207,340` `2,553,601`
`Total`	`1,944,817`	`644,252`	`171,872`	`2,760,941`
`Expenditureon:`
`Charitableactivities`	`2,126,048`	`646,571`	`57,500`	`2,830,119`
`Total`	`2,126,048`	`646,571`	`57,500`	`2,830,119`
`Netinvestmentgains`		`455,523`	`4,154,344`	`4,609,867`
`Leaseholdamortisation`	`(433,332)`			`(433,332)`
`Netincome/ expenditure`	`(614,563)`	`453,204`	`4,268,716`	`4,107,357`
`Transferbetweenfunds`	`(138,842)`	`137,395`	`1,447`	`-`
`Netmovementinfunds`	`(753,405)`	`590,599`	`4,270,163`	`4,107,357`
`Balancesat1 August`	`4,571,602`	`7,597,200`	`64,430,210`	`76,599,012`
`Balancesat31July`	`3,818,197`	`8,187,799`	`68,700,373`	`80,706,369`

`1`	`TheDrapers’CharitableFund`
	`MonicaMcCleanCampbell`	`(2000)`
	`JohnSidneyGoddard`	`(1955)`
	`MartinRichardHarris`	`(1995)`
	`SamuelHarwar`	`(1704)`
	`MorganWynnHumphreyDavies`	`(2005)`
	`RolandBowerJackson`	`(1972)`
	`PeterFrancisOrchard`	`(1993)`
	`AnthonyHoratioPacke`	`(2004)`
	`SirErnestPooley`	`(1957)`
	`RichardGuyPowell`	`(1995)`
	`EmmaandNeilRedcliffe`	`(2018)`
	`MollieKateStone`	`(1998)`
	`Rev.PeterTaylor`	`(1997)`
	`Mrs.SusanDaphneTaylor`	`(1997)`
	`BaronessdeTurckheim`	`(2006)`
	`JohnAlgarWinter`	`(2014)`
	`TheDrapers’Company`	`(1959)`
	`TheDrapers’ConsolidatedCharity`
	`LadyEmmaAskew`	`(1552)`
	`RobertBuck`	`(1620)`
	`HenryButler`	`(1615)`
	`ChristopherClarke`	`(1671)`
	`WilliamDolphin`	`(1534)`
	`SirJohnMilbourne`	`(1534)`
	`ThomasRussell`	`(1593)`
	`SamuelWhitbread`	`(1797)`
	`SirThomasAdams`	`(1666)`
	`LadyEmmaAskew`	`(1552)`
	`SirEdwardBarkham`	`(1632)`
	`GilesBlomer`	`(1676)`
	`WilliamGlynesBruty`	`(1948)`
	`RobertBuck`	`(1620)`
	`LawrenceCampe`	`(1612)`
	`LadyBarbaraChampion`	`(1576)`
	`SirRichardChampion`	`(1568)`
	`OwenClonne`	`(1563)`
	`SirAlanCotton`	`(1627)`
	`WilliamCotton`	`(1606)`
	`SirThomasCullum`	`(1664)`
	`JohnDeacle`	`(1706)`
	`AliceDummer`	`(1574)`
	`WilliamDummer`	`(1574)`
	`SirGeorgeGarrett`	`(1648)`
	`MartinHall`	`(1658)`
	`JohnHeydon`	`(1579)`
	`AnthonyHibbins`	`(1639)`
	`ThomasHollis`	`(1714)`
	`HenryJay`	`(1601)`
	`HughJohnson`	`(1618)`
	`SirJohnJolles`	`(1617)`
	`JohnKendrick`	`(1624)`

	`TheDrapers’ConsolidatedCharity(continued)`
	`JohnRainey`	`(1631)`
	`LadyMaryRamsay`	`(1601)`
	`TheophilusRoyley`	`(1655)`
	`AgnesSmith`	`(1612)`
	`JohnSmith`	`(1645)`
	`SirSamuelStarling`	`(1673)`
	`JohnStock`	`(1780)`
	`WilliamThorogood`	`(1602)`
	`JohnWalter`	`(1656)`
	`NicholasWheeler`	`(1618)`
	`RobertWilson`	`(1639)`
	`RobertWilson(2nd)`	`(1660)`
	`RobertWinch`	`(1671)`
	`HenryDixon’sFoundationforApprenticing`
	`PeterBlundell`	`(1599)`
	`FrancesClarke`	`(1608)`
	`ThomasCorney`	`(1858)`
	`SirThomasCullum`	`(1664)`
	`HenryDixon`	`(1693)`
	`DrArthurEdwardGiles`	`(1936)`
	`JonathanGranger`	`(1769)`
	`SirJohnJolles`	`(1617)`
	`JohnKendrick`	`(1624)`
	`RichardOgborn`	`(1833)`
	`SamuelPennoyer`	`(1652)`
	`TheophilusRoyley`	`(1655)`
	`ThomasRussell`	`(1593)`
	`ThomasSoley`	`(1879)`
	`JohnStocker`	`(1571)`
	`TheDrapers’` `(WilliamandMary)TercentennialAward`
	`TheDrapers’Company`	`(1992)`
`2`	`TheDrapers’AlmshouseCharity`
	`JohnEdmanson`	`(1695)`
	`SirJohnJolles`	`(1617)`
	`JohnPemel`	`(1681)`
	`AnnMills`	`(1690)`
	`RichardMills`	`(1725)`
	`WalterMills`	`(1725)`
	`RobertRender`	`(1650)`
	`AliceWalter`	`(1658)`
	`JohnWalter`	`(1656)`
	`SarahElizabethGiles`	`(1908)`
	`WilliamLambarde`	`(1574)`
	`JosephMacey`	`(1791)`
	`RalphRookby`	`(1594)`
	`EdwardWalrond`	`(1720)`

`3`	`FrancisBancroft’sTrust`
	`FrancisBancroft`	`(1727)`
	`EustaceTrevorHunt`	`(1981)`
	`KevinWingScholarshipFund`
	`KevinRobertWing`	`(1993)`
	`Bancroft'sSchoolPrizeFundTrust`
	`Bancroft’sSchoolParentsAssociation`	`(1988)`
	`GoldieJ Benjamin`	`(1992)`
	`BrianF Beveridge`	`(1993)`
	`ChristopherAndrewBoote`	`(1990)`
	`KeithCampbell`	`(1985)`
	`TheDrapers’Company`	`(1985)`
	`RobertMartinNewtonEllis`	`(1980)`
	`AlexanderJohnEscott`	`(1979)`
	`Mr& MrsD Foskett`	`(1997)`
	`JeanCatherineGiles`	`(1992)`
	`FHodson`	`(1919)`
	`DorothyF Honeybone`	`(1965)`
	`DrGerardHousden`	`(1977)`
	`ReginaldWilcoxLone`	`(1968)`
	`Mr& MrsD F Masani`	`(1990)`
	`MarjorieMutch`	`(1965)`
	`MabelAltheaNaismith`	`(1953)`
	`EdwardPlayne`	`(1964)`
	`QuintetFilmsLtd.`	`(1984)`
	`PeterRobshaw`	`(1979)`
	`GladysRogers`	`(1945)`
	`TheSalters’Company`	`(1984)`
	`SirAlbertStern`	`(1942)`
	`NormanEwartThurston`	`(1970)`
	`DonaldThomasAlfredTownend`	`(1984)`
	`HenryTrower`	`(1892)`
	`Mr& MrsG Watkins`	`(1976)`
	`GeoffreyCharlesWatts`	`(1992)`
	`EdithMayWhitmarsh`	`(1992)`
	`Mr& MrsR V Wingham`	`(1992)`
	`FrankWinmill`	`(1979)`
	`TheWolfsonFoundation`	`(1983)`
	`ThomasHenryLittlewood’sTrust`
	`ThomasHenryLittlewood`	`(1948)`
`4`	`ThomasHowell’sTrust`

	`TheThomasHowell’sEducationFundforNorth`	`Wales`
	`ThomasHowell`	`(1540)`
	`Howell’sSchoolPrizeFundTrust`
	`GladysAnneCaleb`	`(1961)`
	`JanoClementDavies`	`(1945)`
	`HowardDennett`	`(1987)`
	`TheDrapers’Company`	`(1985)`
	`RuthFairclough`	`(1943)`
	`GeorginaMcBrien`	`(1996)`
	`OldHowelliansAssociation`	`(Various)`
	`GwendolineMarySabinaOsborne`	`(1997)`
	`CharlotteNoraOwen`	`(1988)`
	`RebeccaJaneOwen`	`(1988)`
	`Mr& MrsD R` `Parry`	`(1962)`
	`MaryGertrudePugh`	`(1946)`
	`QuintetFilmsLtd.`	`(1984)`
	`DorothyRobinson`	`(1965)`
	`TheSalter’sCompany`	`(1985)`
	`MollieKateStone`	`(1967)`
	`NoelMursellTimpson`	`(1942)`
	`HenryTrower`	`(1892)`
	`EileenWard`	`(1987)`
	`WinifredAnnieWoodcock`	`(1967)`
	`Howell’sSchoolSpecialGrantsFund`
	`TheHostelGuarantorsatHowell’sSchool,Denbigh`	`(1928)`
	`TheRanjitSinghTravellingScholarshipFund`
	`RanjitSingh`	`(1933)`
	`TheMaryBrearleyMusicFund`
	`MaryBrearley`	`(1984)`
`6`	`SirWilliamBoreman’sFoundation`
	`SirWilliamBoreman`	`(1684)`
	`WilliamClavell`	`(1818)`
	`SirWilliamLanghorn`	`(1713)`

`Trustee`	`TheDrapers’Company`
`Principaloffice`	`Drapers’Hall`
	`ThrogmortonAvenue`
	`London`
	`EC2N2DQ`
`CourtofAssistants`	`NicholasBence-Trower`
	`DavidChalk`
	`WilliamCharnley`
	`JaneMather`
	`PhilpOgden`
	`TimothyOrchard`
	`ThomasHarris`
	`StuartShilson`
	`PatrickBeddows`
	`PhilipLawford`
	`MoragShiach`
	`TimothyPage`
	`RichardHorner`
	`LukeSavage`
	`AndrewFord`
	`NeilRedcliffe`
	`BenedictDunhill`
	`JoshuaBottomley`
`Officers`	`RichardWinstanley(Clerk)`
	`DavidSumner(DirectorofFinance)`
	`AndrewMellows(DirectorofPhilanthropy)`

`AlmshouseManagers`	`TheTrustPartnershipLtd`
	`6TrullFarmBuildings`
	`Tetbury`
	`Gloucestershire`
	`GL88SQ`
`Auditors`	`SafferyLLP`
	`71QueenVictoriaStreet`
	`London`
	`EC4V4BE`
`Bankers`	`LloydsTSBPle`
	`70-71Cheapside`
	`London`
	`EC2V6EN`
`InvestmentAdvisors`	`Redington`
	`Floor6`
	`IAngelCourt`
	`London`
	`EC2R7HJ`
`PropertyValuers`	`KnightFrank`
	`20HanoverSquare`
	`London`
	`W1ROAH`
`SecuritiesCustodian`	`RBCInvestor& TreasuryServices`
	`71QueenVictoriaStreet`
	`London`
	`EC4V4DE`
`Solicitors`	`BroadfieldLawUKLLP`
	`50Broadway`
	`Westminster`
	`London`
	`SW1HOBL`
`Surveyors`	`EpicPropertyAssetManagementLtd`
	`3BurlingtonGardens`
	`London`
	`WIS3EP`

`CourtofAssistants`	`CourtofAssistants`	`Charities`	`\|Investment`	`F&GP`
`NicholasBence-Trower`				`M`
`DavidChalk`
`WilliamCharley`				`C`
`JaneMather`
`PhilipOgden`
`TimothyOrchard` `ThomasHarris`			`ZI0`
`StuartShilson`
`PatrickBeddows`
`PhilipLawford`
`MoragShiach`
`TimothyPage`
`RichardHorner`
`LukeSavage`
`AndrewFord` `NeilRedcliffe` `BenedictDunhill` `JoshuaBottomley` `AdditionalCommitteeMembers(Liverymen& Freemen)` `IanBickers` `CeliaBorrie` `KatherineBurns` `FelicityConway` `PatriciaGallan` `MichaelHughes` `RobertLumley` `QuentinMarshall` `VictoriaShapiro` `GrahamTurnock` `AndrewYounger`		`=\|/S/Z\|/Z\|]` `\|S`	`<\|<`	`S\|<`
`Legend:` `C`	`=Chairman`
`M`	`=Member`