Clwty no. 253973
THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2024

THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
YEAR ENDED 31 JANUARY 2024
TRUSTEES AND OFFICERS
TRUSTEE8:
L B•Sklhwn
J Aaron5
ftKhard Gundle
M Hollo
R Reid
P W8nhwn
J VthiteN&4n
ICh•trfn>m 1 Oct 20201
{Appoint•d 12 June 2023)
(Appointed 18 Septemb•F 20231
{Appoi*&Y 12 Jun@20231
HARiff REFERENCE NUPABER:
PRINCIPAL ADDRESS:
238 NOL￿ Road
Whrt￿n
Twlckanh
Tvf2 78W
INDEpeNOENT EXAMINEIL"
Mayn3rd 14eadyLLP Ch4rtered Ar￿￿￿tants
Matriy H<)use 12-16 Uonel Ro
Canvey Island
Essex S58 90E
BANKERS:
Caf Bank Limled
W¢•t M•
Kent
ME19
H88C Pk
EC2N 3AQ
IIIVESTMENT ADVI8ER8.'
London
EC2N 3AS
8ECReTARY TO THE TRUBTEES:
BuGknurst Hll
IG9 5SG

THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
YEAR ENDEO 31 JANUARY 2024
TRU8TEE8' REPORT
Tho t￿￿10•# pres•rt me* raport aw th• tkn#nttai of Ihe GhBTlty for th& ymi •nd•d 34
Janu4ry 2024. Thg lln4ndal $ttsmgras have W9F4T•d In act￿￿n￿ wilh Ihe XGountln9 politles Ml
out On Page 7 •nd compty the thoritl$ tr￿1 d••J ¥nd ¥cgbkn IwaT.
CONSTITUTION AND OBJECTNE8
Thg ch8rtty is reguTrBted in a(than￿ Imth a IN*1 de¢d datsd 20 S•ptembèr 1967 hrmaltsed lh•
chadtable oCtlwUè8 of the Worshipful Company ol Glw Sellers ol London (incl)
rated by Royal Charter In
1884) {Yhe Com
whiekn at that tlm• of the Abbott
Fund, set up in
1875 and a.cha
und" 8•1 up on 18 Juty 1945.
AIIIS AND ORGANISATION
Wor*hlpftl Cr*npary of Glus 8dler¥ Ch•th Fund ¥M• 4•t ge1￿•1 tharitablo PllfW•, whith It
fthfi18 by maklng gNntB. donat￿n$. scldwsh5ps ¥Ki aw•rd6 to IndI￿duall and owlsatlono. Th& ma
areas of JUFPOrt are.. the *rydor glau In(k￿. tho Clty •nd its spBc4￿ app•ali. edutatlon and tha ksB
privll89ed in and arwnd City of London.
I mwnbw8 ol thv Ilvery •re •xpothd ts to th¢ Fwd throughoul thglr memb•r8hlp
*cv)rtlng to thdr me•ro,
Tho Abbott Schoiarshlp Fund pays a bursory to a deseThing •tud•nt from IM City ol Sohooi or Cty
of Lcndorb School tr Gltls gni•rfng • Russel (>oup UniNWSity.
Tho m•nagwn•nt •nd a(trnlnl•tr•ti¢>n oflh• dwlty kn co￿￿ oul th• tnwteu p•rt.Ilm• lupport.
RFrfIEW OF THE YEAR. INCLUDIMG FINANCIAL REVIEW
In purnulng h obj¥ctiv8s over th8 >Y¥ to 31 Januwy 2024 thg Chadty Fund spgnt £52.286 (£65,426
202212023}, of whith £3.0601£3.078 2022120231 was frryn a re8tiid•d the Abbott Sthol8rnhlp Fund.
The unmtrfGted donationj werp behveen £4888 (Induding the GIB85 In Sod8ty woje¢t •nd slutht
bursari•s), Clty charmets, Indudlng the L¢rfd 11￿yO￿A app￿1 and •du¢ation {mauly bumrlg• & ¢th05arniiLo8
to stydents at City JrhodJ) and ther¥. bwuri•s ￿11 btr rfrvia¥&J on an tr￿U81 bs818.
The ¢hartty finances several aw&rd¥ indudiw The Gla8$ S•Hern' Art and Craft Award. Th• Gl•8• Sellor•'
•nd Craft Stud•nt A￿rd. The G1888 Sell8TS' Be&￿Van Piano14Re, Th# Glass Seifefs. Trophy, The Gla88
8eller8' Saencè and T¢chnokigy Award and Tho Glass 8elkn Tankar
A¢bvity l•veLg during the year •nded 31 January 2024 ha¥e I￿•d 8S Bcfwls #nd othèr org8nL4atKMs r
opened following the lilbng ol COV50 re8trietlon8. Grants a8 pgrl of Glass ￿ Soclety sthoots proj
)ntlnwl a tolal of £19.&38 awarded during year (21r22r23 £21,943) in •iipport of STEM Isuenee.
Technol(¥y, Englnv•rlTh3 8fKI Malhemth) I¢￿ted wc4edB.

THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
YEAR ENDED 31 JANUARY 2024
TRUSTEES. REPORT
PU8UC BENEFIT
I the grants made by the charfty fall its objects by swting e¢AKatlon at all love15 - from primary
thrtsugh to twtiary educatlon. In addition, we seek lo Support ￿ d￿0￿nent ol artists through 8 numtrér of
awardB. Tr truetees bdieve that ￿ its grants, jn¢Win9 t1￿ fw Tr)n-edu¢ab"onal purposes, meet the
Charity Commi?¥on's tesl of publk ben￿1.
INVESTMENT POUCY
The twlees have efjnsidered the most appropri*a knvesting fund• and have condude(l that
inv¢8ting in a broad ba$8d portfolh) meets il¥ f•quirements for and grrhyth ￿t￿ a wde Sprèad of rlsk.
11 1$ the tru¥tee8 poficy to alm to incre8se its investsnents each yoar by not lo•$ than 10% of its incom• from
donati￿5, but this is dependent upon current market flLthatbns.
Charlty 18w requlres the tru8tees to prepa￿ fina￿181 ¥tatem8rkn fLY fin4n¢y* Y￿ whlch glve 8 tru•
and f8ir viaw of the chartys finantyal a¢tivrt*8 durlng the year and of ts finan￿•1 powlion at the end of the
year. In ￿•Partn9 those finwKi81 gtatom¢nt•, tr￿teel ￿ requtred lo..
8elect suitable •cGwnting ￿￿Cles and th￿ ap￿ tsm ¢1￿¥1$t•nty,
make judgements e8*Mal￿ that •re re••oroble •nd prudent;
Slate whether applicable aG¢ounting 8l•ndards staten￿￿ of re¢ommended practi¢e
av• boen lolbwed Slkniect to 8ny departures disdo8èd and exF4alned in the financial
stalement$- #nd
Pfepare the finan¢ial 8talem•n18 on ts going concwn b85is urdess it is fftapwoprf* to
presume that thè charity will conunue in bu8in8.
The trustees afo rtsponslble for keeFing proFer ¥cs)unting Tecard5 whith dIsc4o￿ wfth reasonable
ccuracy at any tim• the fiMn¢ial posibon of the (*arity and to them to ensurè that tho flnanclal
8latement¥ comply wlth the requir•ment$ of the Charfl￿¥ Act 2011. They 00 a￿0 Te8pon$tile for
safeguarding thè asso18 of the tharity and h•nce ilking reasonable sty for tho prevention and
d8te¢lion of fraud and othor IrregLdaritie8.
Trust•e
9 September 2024

THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
YEAR ENDEO 31 JANUARY 2024
INDÉPENDENT EXAMINEA'S REPOtT TO THE
TRUSTEES OF THE WORSHIPFUL COMPANY OF GLASS SELLW OF LONDOM CfrIARiff FUND
I report to the charity tru5tces on my •xJminadon ol the accounts of the ¢harity for thè year ended 31
January 2024 whlth are Set out on the smement of Fhartclal AcDvltl05: Balance Sheet,. notes to the
flnanclal sktements.
RESPON31BILITIES AND BASIS OF REPORT
As the ¢horWs tru8tee8 you are rw)on•thAe for th¢ yyratbon crf ts aCC(xMrts In •L%ckn with th•
f8qutrements of the Charttle¥ Act 2011 fthe AGf). Th ¢hanV• tou•l•w errtdèr that 8n audit ￿ Thot
r8qulred for th18 y••r und•r sxoon 144(2) ol the Act 2011 Ctho Acri and th*t an Independent
•xamknation b needed.
I r•port In r•yci of my •x•mindon of tho tharwg accwrt• canled out undw 8ectlon 145 ofthe AGt and In
carylng out my exwnlnatlon I hwe folloth*d •ll •PpKC•￿• Dk•ell¢yi• elwi by Chaffty comm18￿￿ under
A￿70n 145 (51{b) ofth•
114DEPENDENT EXAIIINER'8 8TATUIENT
I hryve Gomplot•d my ex2mln8t•)n. i eonfffib thai no nAtwlal m•tt¢rn Iw• com• to my att•nkn In
conn•ctlon wlth lh¢ ex•MInab￿ gmng m* eauu to b•leb* Ihat In any mal•rtaS rn•p•
(1)
a¢coLwWng T•¢ord• w4rn not kep* In respert ol Ihe ctharlty u req(dr•d by 130 ofih• Act:
{2)
I have no corKemJ and hovo ¢ome ￿rO*S no mattorn In cOnr￿lI0n wllh ihe exominauon to wfrlth
Attan￿On should be drawn kn Ihts report In order to rAE•bl• • woper understhndkng ofthe &¢cgunts to b•
r68ch•d.
Maynard Hea
y LLP Chartèred Accountants
Matrlx Hou5• 12-16 Lionel Road
C•nvoy Island
Essex SS8 9DE

THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
YEAR ENDED 31 JANUARY 2024
STATEMENTS OF FINANCIAL ACTIVITIES
2023
Fund
Fffid
The Abbott
sch￿arshIP
Funrj
UnTeg1￿￿j S¢noJarsnlP
Funds
Fund
Unrngtrkted
Funds
INcofiiiNG RESOURCE8
Dongllon$ and Income tox repayments
relatlng theieLD
Investment incom•
Fundral8lng incomé
Support from Unre5trl£ttd Fund5
Legadea
8ank Int•mt
30,981.78
22.435.26
7.720A2
38,979.59
21.429.73
7.446.10
3,(VXI.IY)
25IXN).(X]
1.244.19
uo
266.35
0.64
Total 5nGomlng RMourG••
87,381A5
3,lJ)L30
68,lli.
S,0￿,64
RESOURCES EXPENDEO
Dlr?¢t ch￿table ExpwidlluY•:
Scholarshlps
Grants and flonaliong:
3.0(K*.00
3,LKKI.
2L968.21
4,284.00
2,5LXI.00
8,980.CMJ
4W.
186.20
3,078.33
345.(X)
3.IXKI.00
22.142.96
19.128.20
2,040.00
5.995.IX>
5.024.09
217.20
1517.99
282.15
NDn Edu¢8Uon•l
Edueationol
Non Edueallon•l
Ctty
Fundr81glng co
Admlnlstration expen1￿ (bank Ghwgei}
Governance ￿sts
PR And m8rkftting costs
Payments on behalf of Abbott Scholarshlp
Fund
60ffjO
7LOO
49205.74
3.060.t
62.347.59
3.078.00
NET INCOMING RESOURCES FOR
THE YEAR
OTHER RECOGN13ED GAIN8 AND
LOSSES
(Losses) on Investments
38.176.11
{5O.YO)
S.Y7&18
1,•22.
11.657.91
4,059.81
3S,929.08
377.92
NET hlOVEMEKT IN FUNDS
&61&20 (411&31}
(30.16Q90
(45&2BI
Fund> brought for4Yard
Funds carried forw8rd
663.577.81 47,747.50
690,096.01
43,639.19
693,732.71
48,202.78
S63￿￿.81
47,747.50

THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
YEAR ENDED 31 JANUARY 2024
BALANGE SHEET
2024
2023
Re¥trlcted
Fund
FurKI
The Abbott
Unrestitted Sthlarship
Fu)d¥
Fwd
Unrestrlcaed
Funds
Ssholarshlp
Fund
FIXED ASSETS
Invesknients at m•rket value
548.765.70
43,(J)8.42
560.423.61
47,068.03
GURRENT ASSET8
Cash at bank
Debtors
Inler-fundl transfer
141,264.86
3,265.45
620.77
102.978.50
3.325.70
679.47
693.296.01
43.629.19
666,727.81
47,747,50
CREDITORS & DEFERRED INCOME
(Due I￿¢hIn one yearl
3,200.00
3,150.00
NET A8SET8 LESS CURRENT
LIABILITIES
6￿,096.01
43,6￿.1•
683,677.81
47.747.50
FLIND8
On CgpRal knouni
On Accumulated Inrthne
Account
32,437.00
31437.00
657.659.01
43,629.19
631,140.81
47,747.50
690.096.01
43.829.11
663,677.81
47,747.60
Approved by the Board of Trustees on 9 September Z024 and slgned s>rt Rs behatf by.

THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
YEAR ENDED 31 JANUARY 2024
NOTES TO THE FIP4ANCIAL sfATEMeins
ACCOUNTING POLicies
thnanc%al slatements have b¢erh proparod undèr IM co•t cLYNenUon In acwd•n
wlth applkat4e aGc￿￿tIl9 stsnd¥d•. as modifi•d fry th• ir+cJuslon of fixed ats8t Irwestrnents at
markèt valuè. In prepa1￿ the fin•Mal alatem￿ts tho &4nty followA best pradlce as latd down In
thè Ststèm8nt of ReC￿mended PraG11￿ 8nd Rewttyip by ClJ&rltto3 ISORP 15).
In¢ome is recorded 4s recehaLrf¢ the •fflwrt l• knchyn. ¢)thephl¥e it is rocordgd on a caBh
reeotved baw#.
DONATION8
Dtsnatb￿ •nd a$￿￿at*d Ineomo t•x r•paymwrt8 w• (x•th•d to th• •t•tomw* ofl1Tw￿0l •L*vlti•S In
th• year lrt which they are recelv•d LY
INVESThIENT INGOME
Investment Income Is )￿oUnted for In th¢ p¢rtod In T*thkh It Is r*cel¥ed.
INVESTMENTS
In ¥cc¢xdan¢• SORP 10 the chwhy tecLwth In¥￿tments held •t mothei vas￿,
YRU8TEE3' REMUNERATION
Th• chorlty ha8 rKI emkloyees and none of the ts7￿ recdved any remww*lon. Exp•fi•e•
r8lmbuT8ed are th$d0s￿l In Note S.
INV&8TIIENT8
2024
2023
Re5tr1cted
Fund
The Abbot
ScholaT5hlp
Fund
Fund
The Ablxjt
Unrestrorted 5th01?r5hlp
Fun
Fund
Unresfrlct4d
Market value at l February 2023
560,423.61 47.068.03
596,352.69
49,445.95
Market11055} forthe year
(11,B5T.91) (4.059.01)
(35.929.08)
P,377.92)
Market Valw At
31 January 2C24
548,705.70 43.008A2
560.42161
47.068.03

THE WORSHIPFUL COMPANY OF GLASS
SELLERS OF LONDON CHARITY FUND
YEAR ENDED 31 JANUARY 2024
NOTES TO THE FINANCIAL STATEMENTS
FUNDS
R•strl¢tsd
RestrlGted funds h¢ld •mounth r8cd¥ed tr sp8unc 8¢thW8s ￿K1 expenthturn M thoie actMtl¢s IB get
against thosa ￿unts.
Abw S¢hohvghlP
The Abbott kholarship Fund pays a butsary to a de5ervln8 studet)t from the aty of London School or
Clty of London Sehool ftsr Girls enterlnq a Russell Group University. The fvnd Is lon8er able to cover
# full 5cholarshlP but pays a buT5Ory to help ihe 3tud¢nt ¢obtr Iwln6 expenw during thelr tlme at
unlver51ty.
Tho lrtome from the 18 no lonpr Jufftdent to oupport ongoin9 bursary pa￿errtS. The truste08
have th8r8fore agreed that thg chantys ur￿5[￿cled furKls ￿11 be used to ¥ettlo the80 amounts. In
the year ended 31 January 2024 the Support gfvan to the Id￿13r$hIP fund amounted to £3,000
1202f23: £5,000.)
Unr•¥trlcted lund•
Unrg8trrci•d funds eomprli• donations and Income recel¥¢d for g￿eTaI of tha charty.
TIIAN8ACTION8 WITh TftU8TEES
Durin8 the year. InJ*ees werv relmbursed expenditu￿ of Énll 12022123: £nlll whllst und•rtakln8
acthitbes ￿ the Gharliv.