The Worshipful Company of Butchers
General Charities
Annual Report and Unaudited Accounts
5 April 2024
Charity Registration Number 257928 (England and Wales)

Contents
Page
Legal and administrative inforniation
Trustees, Report
Independent Exarniner's Report
Statement of Financial Activlties
10
Balance Sheet
11
Noles to the Accounts
12-17
The Worshipful Company of Butchers General chan￿e5

Legal and Administrative Information
Trustees
Master, Wardens and Court of the Art or Mistery of
Butchers of the City of London
Members ofthe Court
Jason Aldiss (Appointed 14 September 20231
Peter Allen
john Allton Jones
Mike Attwood (Appointed 14 September 20231
David Baker
Margaret 8oanas
William Buchanan
Amanda Buitelaar
Andrew Burton (Resigned 14 September 20231
Steve Chick
Jim Connell
Paul Dolan
Tim Dumenil
Rachel Griffiths IRe5igned 14 September 20231
Gwyn Howells
Andrew Parker Imaster to 14 September 20231
julien Pursglove IRe5igned 14 September 20231
Dave Richards IResigned 14 September 20231
Stuart Roberts (Appointed 14 September 20231
Anthony Stanton
Timothy Stone
Bill ThLJrston
Christopher Wood (Master from 14 Septembèr 20231
Peter Wood IAppointed 14 September 20231
Peter Wright
Regi5teredl
Principal office
Worshipful Company of Butchers
Butcher5, Hall
87 Bartholomew Close
London
ECIA 7E
Telephone
Fax number
E-mail
020 39318350
020 7606 4108
cleik
butchershall.com
Charity registration
number
257928 IEngland and Wales)
The Worshipful Company of Butcher5 GenEral Charities

Independent Examiner
SKS Ramon Lee
Chartered Accountants
93 Tabernacle Street
London
EC2A 4BA
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME194JQ
Investment advisers
Investec
30 Gresham Street
London
EC2V 7QP
Rathbones Investment Management
30 Gresham Street
London
EC2V 7QP
The Wor5hiplul Company of Butther5 Generol Charitie5

Trustees, Report 5 April 2024
The trustees have pleasure in presenting their annual report and the accounts which represent
the activities of the charity for the year ended 5 April 2024. These have been prepared in
accordance with the accounting policies set out on page5 14 to 16 of the attached accounts and
comply with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by
Charities,. Statement of Recommended Practice applicable to charitses preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021.
Strurture. Govemance. and Management
Legal Ststus
Under a Scheme of the Charity Commissioners dated 21 April 1999, the charities previously
known separdtely as The Worshipful Company of Butchers General Charities and The
Worshipful Company of Butchers, United Charities were reorganised as The Worshipful
Company of Butchers General Charities. The following is a history of the former ¢harities that
were combined=
The Wotshipful Cornpany of Butchers Generdl Charilies
The Worshipful Company of Butchers General Chartties fund wa5 established on 2 January 1969
by The Master, Wardens and Commonalty of the Art or Mistery of Butchers of the City of
London to support charitable purposes anywhere in the world.
The General Fundswere derived from donations from liverymen and included appeals launched
by Past Master Norman Poultney in 1987 and in celebration of the additions to Butchers Hall
launched in 1996 and subsequent initiatives.
The Worshipful Company of Butthers United Charities
The Worshipful Company of Butchers United Charlties was established by a Scheme of the
Charity Commissioners on 17 January 1968 as amended by an Order of the Commissioner5
dated I September 1987, which amalgarnated various small trusts which were mar¢a8ed by The
Worshipful Company of Butchers.
The Funds were derived from.
The Charity of Alfred Lyon comprised in a trust deed dated 11 October 1892.
The Charity of Benjamin Bloomfield Baker. founded in February 1896.
The Charity of Ruth Bayley, founded by will proved at London on 17 August 1840.
The Charity of William James Bonser. founded on 23 August 1888.
The Charty called The Charles Valentine Game Fund. founded on 6 April 1899.
The Charity known as The Poor Fund. consisting of {11 The Charity ofjames Leverett and
121 The Playing Arts Money.
The Charity called The Leo Zwanenberg Gift. comprised in the declarattons of trust dated
27 February 1934 and 5 April 1935 and an Order of the High Court of Justice (Chancery
Divi5ionl of 25 March 1963.
The charl￿$ registered number was 238587.
The Worshlpfvl Company of Butchers Genernl char￿e$

The charity underthe Stheme was required to make various small annual payments due under
the originating trusts of the constituent parts which were amalgamated. Beyond this the charity
was established to relieve need, hardshlp. or dlstress either generally or to Individual persons
wlth preference to such persons involved in, or associated with, the meat or associated trades.
Governance
The trustees of the charity are the Master, Wardens. and Assistants of the Court of the
Worshipful Company of Butchers IWCB'I. The Charity and Education Committee, comprised of
a Warden as the Chairman and selected Court members, aswell as co-opted liverymen, run the
routines ensuring that there is a strategy and a plan and that it 15 executed correctly, seeking
approval from Court for key decisions. The day-to-day administration of the charity is
undertaken bythe Worshipful Company of Butchers.
Committee members are recruited from among the Livery of the Worshipful Company of
Butchers. Membership rotates every September although a few Liverymen remain on the
committees for two or more years to provide continuity. The Chairman normally remains in
post for two years. At the first meeting of each committee. the Clerk briefs all the new members
on thelr responsibilities and gives each new member a copy of the governlng scheme and the
latest report and accounts.
The charivs investments are managed through the Charity Committee of The Worshlpful
Company of Butchers which meets on average four time5 a year. The Charity Committee has
used Investec and Rathbones as their investment manager, workirbg to an advisory maftdate.
Risk Management
The trustees are sakn'sfied that the current leve15 of internal financial controls mitigate the risk
of error and fraud. Consideration of investment risks was included In the tender process for
an investment manager. The wider concepts of strategic and business risk were considered
during the financial year and have been reported.
The trustees aim to continue monrtoring risk as an ongoing process that is part of the normal
daily management of the charity. It is felt that this method is proportoonate to the levels of
income and expenditure typical of this charity.
Objectives and Artlvltles
The objects of the charity are:
{11 The relief of persons who are in condltion5 of need. hardship, or distress, wtth a
preference for:
lal Freemen of the But¢hers' Company, their widow5, or dependants, and
{bl persons who are, have been, or intend to be engaged in the meat or associated
trades. and their dependants.
The trustees may relieve such persons by:
making grants of money to them. or
lill providing or paying for goods. services, orfacilities for them; or
liiil making grants of money to other persons of bodies who provide goods, services, or
facilities to those in need.
The Worshipful Company of Butchers General Charlties

121 The furtherance of such charitable purposes in any part of the world as are determined
from time to time by the trustees.
The first objective15 achieved through direct grants to individuals.
The second objective is achieved by concentrating on two or three selected charities to which
in-depth support is given. Additionally specific major appeals such as the Poppy Factory and
the Lord Mayor of London'5 charity would be supported annually. The charity retains a small
contingency sum to be available for other causes as the Committee ch005e to support.
In the 202312024 financial year our major charity support went to Farm5 for City Children and
Teach First. These two charitTes are designated to be beneficiaries of major award5.
There are several essential and desirable criteria for major awards which are..
Essential Criteria- Ma
or Awards
A limited number of charities to be supported wlth meaningful sums which could be in the
region of £20,000 per annum plus any additional sums durir)g the period of award as may
be available subject to the overall fund5 available and other commitments.
Annual donations are linked to investment income generated. Support should be provlded
for a period of at least 3 years.
WCB should have a demonstrable relationship with the charity e.B., WCB providing
practical engagement as well as financial support, but it is recognised that the work of
some charities may preclude this.
The charity should provide ackowledgemeDt of WCB that enhances the profile of WCB.
Desirable Criteria - Ma or Awards
Preferred charities to have nationwide rather than London centric aclivities.
Dependent on successful relationships consideration should be given to extending the
initial period of 3 years.
The administrative expenses of the charity should be revlewed and considered reasonable
in Ihe context of the scope and size of the charity.
Potential reciprocity. If appropriate, should be sought through hire of Butchers, Hall and/or
involvement and acknowledgement of WCB through PR and other events.
We continue to support several other charities, the majority of which are annually recurring
such The Lord Mayor of London Appeal. The Poppy Factory, The United Guilds Service, St
Bartholomew the Great Church and The St Paul's Cathedral Foundation. There are several
essential criteria laid down for these minor awards which are-
Essential Criterla- Minor Awards
Minor Awards will be made to a limited number of good causes with which the WCB is
Ilnked and represented.
Minor Awards will be reviewed annually but can be expected to be repetitive due to the
nature of the "good cause". In that respect the Charity Committee will ￿Ceive guidance
from the Clerk,
The Worshiplul Company of Butchers General Charities

Minor Avjards are as much a commitment as Major Awards and must be considered
simultaneously against the funds available for distribution.
Minor charities, such as hospices. do not necessarily require having a national footprint,
Grant Making Policyand Grdnts Made
The charity made donations to 812023..10) different charities during the year totalling E83,855
12023.. £124,159).
2024
2023
Claire House Hospice
Farms For Cty Childrèn
st Pauls Cathedral Foundation
5,000
60,0
4,000
5,000
5,500
6,500
190
23,(XM)
Red Cross
st Bartholomew The Great
Poppy Factory
The Lfvery Commlttee C of L- Garden of Remem
WCB Education Charity
Teach First
11,449
23,￿0
23,(
Lord Mayor's Charity
Company of Weavers
Dementia UK
20.IM)O
Unlted Guilds Services
83,6110
255
123.139
1.020
£124,159
Individual Grant
£83.855
One individual within the objects of the charity received financial a5s1stan￿ during the year.
Public Benefft
The charity makes grants to a variety of individuals and organisations in pursuit of Its charitable
objectives. The trustees have tsken due consideration of the Charity Commission guidance on
Public Benefit in reviewing the charity's activities.
Achievernents and Performance
Apart from the financial amounts donated to Farms for City Children and to Teach First, there
has been a significant amount of engagement from Liverymen in the form of school visits to
workplaces as well as preparation of career videos, coachin8 teachers, and connecting Teach
First with Harper Adams.
Financial Revlew
Total income for the year was £67,448 12023: £92.0231 and total expendlture was E99,315
12023: £140,445). After gain5 on investments of £158,95312023: Losses £146,662), net income
for the year was £127,086 {2023: net expenditure £195,084).
The Worshlpful Company of Butchers General Charllies

The restricted fund balance of £6,30112023'. £3,957) represents income arising on the King's
School Bruton permar)ent endowment fund that had not been spent at the year end.
The Butchers, Company has promoted the benefits of voluntary donations to the capital funds
of the charity from amongst its Livery Membership. The trustees decided to increase the capital
base of the charity to improve the size of grant-making in the fvture,
The charity remains in a strong financial positron with all assets easily realisable at short notice.
Reserves and Investment Policy
Considering the limtted scope for fundraisin& coupled with the increasing demands of other
bodies seeking assistance, the trustees consider that the reserves are not excessive. The assets
in the general. restricted, and permanent endowment funds are adequate to fulfil the
obligations of the charity, and the fomier two are rea115able at Short notice.
The investment manager is employed on an advisory basis, working within the terms contained
within the standard terms of investment approved by the trustees during the year. All
investments are quoted on the London Stock Exchange. All investments have been acquired in
accordan¢e with the statutory powers available to the trtJstee5.
The main investment objective and the risk toleran￿ of the investment policy approved by the
Court are:
111 To achieve a total real retum over a five year period to preserve the permanent
endowment in real terms whilst Sustaining a spending rate of 3% of the total asset value
per annum.
121 To maintaln an overall total risk level that reduce5 to an acceptable level the likelihood of
the portfolios total return being exhausted under any likely five-year market fall whilst
allowing the charity to support its spending commitments over this period
At S April 2024 there were total reserves of £2,152,548 {2023: £2,025,462), including £482,803
{2023.. £448,275) of permanent endowment funds and £6,301 12023: £3.9571 of restrlcted
funds, leaving free reserves of £1,663,44412023- £1,573.2301.
Statement of Trustee< Responsibilities
The trustees are responsible for preparing the annual report and accounts in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted
Practice).
Charity law requires the trustee5 to prepare accounts for each financial year which give a true
and fair view of the charity's income and expendrture during the year and of its situation at the
end of the year.
In preparing those acwunts, the trustees are requlred to..
Select suitsble accounting policies and then apply them consistentlv.
Observe the methods and prlnciples in AccouTrting and Reporting by Charities: Ststement
of Recommended Practice applicable to charities preparing their account5 in accordance
with the Financial Reportlng Standard appIl￿ble in the UK and Republic of Ireland IFRS
1021.
make judgements and estimates that are reasonable and prudent.
The Worshipful Company of Butchers General Charities

state whether applicable United Kingdom Accounting Standards have been followed,
subject to any material departures disclosed and explained in the accounts,. and
prepare the accounts on the going concern basis unless it is inappropriate to presume that
the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that are sufficient to show
and explain the charlty's transathons and disclose with reasonable accuracy at any time the
financial position of the charity and enable them to ensure that the accounts comply with the
Charities Act 2011, applicable Charity {Accounts and Reports) Regulations and the provisions of
the charity's constitution. They are also responsible for safeguarding the Charity's assets and
hence for taklng reasonable steps for the prevention and detection of fraud and breaches of
law and regulations.
Approved by the trustees and signed on their behalf by:
John
wells
roved b th
tr
tees on 6 Se
tember
The Worshipful Campanyof Butchers General charl￿e$

Independent Examinerfs Report 5 April 2024
Independent examinerfs report to the trustees of The Worshipful Company of Butchers
General Charities
I report to the charity trustees on my examination of the accounts of the charity for the year
ended S April 2024.
Responsibilities and Basis of Report
As the trustee5 of the charity. you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 20111'the Act'l.
I report in respect of my examination of the charit¢5 accounts carried out under section 145 of
the 2011 Act and In carrying out my examination I have followed all the applicable Directions
given by the Charity Commission under section 145{51{bl of the Act.
Independent Exarniner'5 Ststement
I have completed my examination. I confirm that no material matters have come to my attention
in connection with my examination giving me cause to believe that in any material respect-
Accounting records were not kept in respect of the charity as required by section 130 of
the Act: or
The accounts do not accord with those records: or
The accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a 'true and fair view, which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn in this report to enable a proper understanding of the
accounts to be reached.
SKS Ramon Lee
Chartered Accountants
93 Tabernacle Street
London
EC2V 7QP
The Worshipful Company of Butchers General Charities

Unaudited Ststement of Financial Activities 5 April 2024
Unrestricted
lunds
Restricted
funds
Pemianent
endowment
funds
Total
2024
Notes
Income from:
Donations and
legacies
Investments
Total Income
19.915
19,915
45,189
65,104
2,344
47,533
67,448
ExperKliture on:
Raising funds
Charitable activttles
Total expenditure
13,368
85,947
99315
13,368
85,947
99,315
Net lexpenditure)
/in£orne for the year
before Investment
8ains and1055es
(34211)
131,8671
Gains on investment5
124.425
34.528
158,953
Net (expenditure)
lincome and net
movement in funds
90,214
34,528
127,086
Fund balances
brou8ht forward at
0610412023
1,573.230
3,957
448,275
2,025,462
Fund balances carried
for4vard at
£1,663
£6.301
£482,803
2,152,548
0510412024
None of the charit(s activFties were acquired or permanently discontinued during the above
two financial periods.
The Worshlpfvl Company of 8ut¢hers General Charfties
io.

Unaudited Statement of Financial Activities 5 April 2023
Unrestrirted Restricted
nds
fund$
Permanent
endowment
funds
Total
2023
Notes
Income from:
Donations and
legacie5
Investments
Total Income
46.184
46,184
43.956
90,140
2,883
1.883
45,839
92,023
Expenditure on:
Raising fvn(ls
Charitable activities
Total expenditure
13,572
126.873
140MS
13,572
126,873
140,445
Net lexpenditurel
lincome for the year
before Investment
gains and I0￿e5
150.305}
I￿83
(48,4221
Gains on investments
1118,1231
28,539}
1146,6621
Net {expendlture)
lincome and net
movement in funds
(168N28)
1,883
128,539)
1195,0841
Fund balances
brought forward at
0610412022
1,741,789
2,074
476.814
2,220,677
Fund balances carried
fonward at
0510412023
£1,573361
£3,957
£448.275
2,025,593
None of the charity's activities were acqulred or permanently dlscontinued during the above
two financial periods.
The Worshlpful Company ol Butchers General Chartoes
ii.

Unaudited Balance Sheet 5 April 2024
Notes
2024
2023
Flxed assets
Investments
2.123.479
2.007.539
Current assets
Tax recoverable
Prepayments and accrued income
Cash at bank and In hand
4.51X)
12.087
60,243
76,830
3,634
9,298
7,652
20.584
Creditors.. amounts falling due
within one year
147,7611
12,6611
Net Current assets
29,069
17,923
Net assets
£L152,548
£2,025,462
The funds ol the charity
Permanent endowment funds
Restricted funds
Unrestrlcted general funds
482,803
6.301
1,663,444
£2.152.548
448,275
3,957
1,573,230
£2,025.462
The accounts on pages 13 to 18 were approved and authorised for issue by the Trustees and
signed on their behalf by..
Allto
owells
roved the
ees on 6 Se tember 2024
The Worshlpfvl Compary of Butthers General Charitie5
12.

Principal Accounting Policies 5 April 2024
The principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the preparation of the accounts are laid out below.
Basls of Preparation
These accounts have been prepared forthe year to 5 April 2024 with Comparative information
presented for the year ended 5 April 2023.
The accounts have been prepared under the historical cost convention with items recognised
at cost or transaction value unless otherwise stated in the relevant accounting policies below
or the notes to these accounts.
The accounts have been prepared in accordance with Accounting and Reporting by Charitie5'.
Statement of Recomrnended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 (Charities SORP FRS 102), the Financial Reporting Stsndard applicable in the UK and
Republlc of Ireland {FRS 102) and the Charities Art 2011.
The charity constitutes a public benefit entity as delined by FRS 102.
The accounts are presented in sterling and a￿ rounded to the nearest pound.
Critical Accountlng Estimates and Areas of Judgement
In preparing the accounts the trustees and management were not required to make significant
judgements and estimates.
With regard to the next accounting period. the year ending 5 April 2025 the most SIEnificant
areas that affect the carrying value of the assets held by the charity are the level of investment
return and the performance of the investment markets.
As5e55ment of Goin8 Concern
The trustees have assessed whether the use of the going concern assumption is appropriate in
preparing these accounts. The trustees have made thi5 assessment in respert to a period of
one year from the date of approval of these accounts.
The trustees of the charity have concluded that there are rio material uncertaintyes related to
events or conditions that may cast significant doubt on the ability of the charity to continue as
a going concern. The trustees are of the opinion that the charity will have sufficient resources
to meet its liabilities as they fall due.
Donations and Legacles
Donations are recognised when receivable and the amount can be measured reliably by the
charity.
Legacies are included in the statement of financial activities when there has been a grant of
probate, the executors have established that there are sufficient surplus assets in the estate to
pay the legary. and any conditions attached to the legacy are within the control of the charity.
The Worshipful Company of Butchers General Chkritfes
13.

Interest and Dividend Income
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity. This is normally upon notification of the interest paid or payable by the
bank.
Dividends are recognised once the dividend has been declared and notification has been
received of the dividend due.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to
a third party, it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obllgation on be measured reliabty.
All expenditure is comprised of direct costs incurred on raising funds or activities in furtherance
of the charitable objectives and is accounted for on an accrual's basis.
Grants payable are included in the statement of tinancial activities when approved and when
the intended recipient has either received the funds or been informed of the decision to make
the grant and has satisfied all performance conditions. Grants approved but not paid at the end
of the financial year are accrued. Grants where the beneficiary has not been informed or must
fulfil performance conditions before the grant is released are not accrued for but are disclosed
as financial commitments in the notes to the accounts.
Investments
Investments are a form of basic financial instrument and are initially recognised at their
transaction value and subsequently measured at their fair Wdlue a5 at the balance sheet date
using the closlng quoted market price. Realised and unrealised gains lor losses) are credited lor
debited) to the statement of financial activities in the year in which they arise.
Debtors
Debtors are recognised at their settlement amount. less any provision for non-recoverability.
Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand represents such accounts and in5trurnents that are available on
demand or have a maturlty of less than three months from the date of acquisition.
Credilors and Provisions
Creditors and provisions are recognised when there is an obligation at the balance sheet date
because of a past event, it is probable that a transfer of economic benefit wlll be required irb
settlement, and the amount of the settlement can be estimated reliably. Creditors and
provisions are recognised at the amount the charity anticipates it will pay to settle the debt.
Funds
Endowment funds comprise monies which must be held as capital. Permanent endowment
funds must be peThanently retained by the trustees and cannot normally be spent as if they
were income. Income arising from endowment funds is credited to general funds and applied
for general purposes unless restricted for a spectfic purpose when it Is credited to restricted
funds.
The Worshipful Cornpanyof Butchers Gener31 Charities
14.

Restricted funds comprise monies raised for, or which have their use restricted to, a specific
purpose, or contributions subject to donor-imposed conditions.
General funds represent those monies which are freely available for application towards
achieving any charitable purpose that falls within the charity's charitable objerts.
l. Donations and Legacies
Permanent
Restricted Endowment
Funds
Funds
Unrestricted
Fund5
2024
Grant from WCB
Tax Reclaimed on Donation
General donatlon5
5.408
14,507
19,915
5,408
14,507
£19,915
2024 Total
Grantfrorn WCB
23,877
3.634
18,673
46,184
23,877
3,634
3,673
£46,184
Tax Reclaimed on Donation
General Donatlons
2023 Total
2. Investment Income
Permanent
Restrlcted Endowment
Funds
Funds
Unrestrlrted
Fund5
2024
Interest on cash with bank and
stockbroker
33
113
Equities and fixed Interest securitles
2024 Total
45,1(YJ
2.311
47.420
45.189
£47,533
84
Interest on cash with bank and
stockbroker
Equities and fixed interest securities
2023 Totsl
62
22
43,894
46,479
1.861
1,719
45,755
£45,839
3. Expenditure OTr Raising Funds
Expenditure on raising funds comprises investment management fees which are charged to
unrestricted funds.
The Worshlpful Company ol Butchers General Charities
15.

4. Charitable Artivities
2024
2023
Grants to charities
Grants to individuals (one beneficiary)
Support costs
83,6(Kl
255
123,139
1,020
2,714
£126.873
2,092
£85,947
Details of grants to chartiies a￿ set out in the trustees. report.
All charitable expenditure is unrestricted.
The charity Is adMiniste￿d on a pro bono basi5 by The Worshipful Company of Butchers. The
trustees receive no remuneration or expenses from the charlty. Support costs include the
Independent examiner's fee of £1.75012023- £2.520}.
S. Investments
2024
2023
At market value:
As at 6 April 2023
Additions
Disposal proceed5
Gainhoss on disposal and revaluation
Increa5e/ Decrease Capitsl Accounts Funds
A5 at 5 April 2024
z.1107.539 2,167,637
204,798
186,668
(241,188) 1246,6991
158,953 1146,6621
(6.623)
46,595
£2,123.479 £2,¢X)7,539
Market
Value
Market
Value
2024
2023
Portfolio StnKlure
Flxed Interest
UK Equitie5
Intemational Equitles
Propertv
Alternatives
Cash
214,452
166,710
318.642
451,156
1,240,744 1,013,417
78.879
85,048
217,623
232,441
52.143
58,766
£2,123,479 £2,007,539
As at 5 April 2024
The Worshlpful Cornpany of Birtchers GeneTrl Charities
16.

6. Permanent Endowment Funds
The King's School Bruton Fund was created by a donation of £50,000 (including Gift Aid)
received in 2001-2002. All income arising is restricted to the general-purpose uses of the
King's School, Bruton. Somerset.
The knvery Donatlon Capital Fund comprlses of donation5 made by livery members of the
Worshipful Company of Butchers. The Trust for Investment is the value In the accounts in
2012.
The Charity Commissioners. Fund was formed under the scheme dated 21 April 1999. All
income arising is available to 5UPPOrt the first object of the charity (see page 51 relating to
the relief of individuals. The Trust for Investment is the value in the accounts in 2012.
The Master's Events Fund comprises donations and monies raised at events instigated by
the Master of the Worshipful Company of Butchers. The Trust for Investment is the value in
the accounts in 2015.
No dividend Income is allocated to the unrestricted endowment funds a5 Income arising
from the fund 15 available for the general purposes of the charity.
Kings
Livery
Charity
School
Donation Commissioners
Bruton Capital Fund
Scheme
Masters
Event
Fund
Total
Trust for Investment
50,000
16,301
66,301
118,688
51.401
170,089
128,475
31.127
159,602
51,698 348,861
585
99,418
52,283 448,275
Unapplied Total Return
Endowment as at 5 April
2023
Movement In year:
Investment Return-
Dividend
Investment Retum-
Realised & Unrealised
GainslLosses
Less.. Expenditure
Endowment as at 5 April
2024
5.157
15.147
14,224 34,528
66.301
175.246
174.749
66,507
£482,803
7. Restricted Funds
The restrirted fund assets are represented by unspent investment income arising from the
King's School Bruton permanent endowrnent fund.
The Worshlpful Company of 8utchers General Charities
17,

8. Statement of Funds
2024
Gain
{L055)
Invest- other Expen- Total 2024
ment Income
diture
Income
Permanent Endowment
Klngs School Bruton
Livery Donation Capital Fund
Charlty Commisslon Scheme 1999
Masters Event Fund
66.301
170,089
159,602
52.283
66,301
175,246
174.749
66,507
482,803
45,189 19,915 199,3151 1,663,444
2,344
6,301
47.533 19.915 199.3151 2,152,548
5,157
15,147
14,224
448.275
34,528
1,573,230 124.425
3.957
Unrestricted Funds
Restrirted Funds KlnE5 Bruton
2,025,462 159,779
2023
Gain
Inves
Other
ment In¢omÈ
Income
Expen-
diture
Total
2023
Pemianent Endowment
Klngs School Bnjton
livery L)onation Capital Fund
Charity Commission Scheme 1999
Master5 Event Fund
56.184
182.823
171,595
56.212
117
66,301
170,089
159,601
52,283
448,275
43,956 46,184 1140,5761 1,573,230
1,883
3,957
45.839 46,184 1140,5761 2.025,46Z
112,7341
111,9941
13,929
476,814
128.539)
1,741,789 1118.1231
2,074
2,220,677 1146.6621
Unrestrirted Funds
Restricted Funds Bruton
9. Staff Costs
The average number of persons employed by the charity during the year Yr45 nil12023'. Nill.
There were no employees whose total employee benefits {excluding pension costs) exceeded
£60,00012023- Nil).
10. Trustees. Remunerdtion and Beneffts
There was no trustee's remuneration, benefits in kind or expenses for the year ended 5 April
202412023 - £Nill.
11. Related Pdrty Disclosure
The charlty received £Nil for charitable donations from Court member5 in the year12023
£1201.
The Worshipful Company ot Butehers General Charities
18.