## ## ||| |---|---| |`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`||`2025`|| |---|---|---|---| |`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`|| ## ||`5`|`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`|||||| ## ## ##