# ## |CONTENTS||||||PAGE| |---|---|---|---|---|---|---| |Charity
Information||||||1| |Report
of|the Trustees|||||2| |Independent|Examiner's||Report|||5| |Statement|of Financial||Activities|||6| |Statement|of Financial||Position|||7| |Notes to the Financial|||Statements|||8| |Five Year|Summary
|(For Information||purposes|only)|16| ## |Trustees||during|the year:|P.C.C. Simeons|P.C.C. Simeons||(Chairman)|(Chairman)||| |---|---|---|---|---|---|---|---|---|---|---| |||||J.S. Ray||||||| |||||A.I. Phillips|-|retired||16.03.2022||| |||||Lady
Gillian||Yarrow||- retired
||05.07.2021| |||||N.C.L.
Macdonald||||||| |||||Ms Anne
Mannix||||||| |||||J.E. De BroN-Ferguson||||||| |||||T.E. Stocks||||||| |Clerk
|to the Trustees:|||Major
General||A.M.||Smyth||| |Principal||Address:||13 Birch
Close||||||| |||||Boundstone||||||| |||||Farnham||||||| |||||Surrey||||||| |||||GUIO 4TJ||||||| |Bankers:||||CAF BANK|Ltd.|||||| |||||Kings
Hill||||||| |||||West Malling||||||| |||||Kent||||||| |||||ME19 4JQ||||||| |Independent|||Examiners:|D J Bartlett,|FCA|||||| |||||Daly,
Hoggett||&|Co.|||| |||||Chartered
|Accountants|||||| |||||5-11 Mortimer||Street||||| |||||London||||||| |||||WIT
3HS||||||| |Investment||Advisors:||Brewin
Dolphin
|||Securities
||Limited|| |||||12 Smithfield||Street||||| |||||London||||||| |||||ECIA
9BD||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Notes|Unrestricted|Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---| ||||Funds|Funds|Funds|Funds|Funds| |||||||2022|2021| ||||E|E||€|€| |INCOME
AND|||||||| |ENDOWMENTS|||||||| |Voluntary
Income:|||||||| |Grants, legacies|and donations||22,955|8,638||31,593|25,287| |Investment
Income|||23,243||1,249|24,492|20,914| |Interest
Receivable|||||||39| |Total Income|||46,198|8,638|1,249|56,085|46,240| |EXPENDITURE|||||||| |Expenditure
on|charitable||||||| |activities:|||||||| |Grants and Donations||5|39,950|||39,950|64,525| |Administration
|and Support||3,820|||3,820|3,783| |Governance-Accountancy|||||||| |and Legal|||1,156|||1,156|1,100| |TotalExpenditure||6|44,926|||44,926|69,408| |Net Operating|Income/(Loss)||||||| |for the Year|||1,272|8,638|1,249|11,159|(23,168)| |Net gains/(losses) on investments|||||||| |Realised||7|||||92,160| |Unrealised||7|39,785||(6,685)|33,100|194,105| ||||39,785||(6,685)|33,100|286,265| |Net Incoming/(Outgoing)|||||||| |Resources
for the Year|||41,057|8,638|(5,436)|44,259|263,097| |Balances brought|forward||||||| |at 1st April
2021|||953,528|12,500|89,847|1,055,875|792,778| |Balances
carried|forward||||||| |at 31st March
2022|||994,585|21,138|84,411|1,100,134|1,055,875| ## ## |||||Notes||2022|||2021|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||E||| |FIXED ASSETS||||||||||| |Investments||||7|||1,000,905|||967,805| |CURRENT|ASSETS|||||||||| |Cash at Bank|||||48,259|||41,613||| |Cash at Stockbrokers|||||48,127|||47,557||| |Other Debtors|||||3,983|||||| ||||||100,369|||,89170||| |CREDITORS:|Amounts
||falling|||||||| |due within|one|year||||||||| |Accruals|||||,1140|||1,100||| |NET CURRENT||ASSETS|||||99,229|||88,070| |TOT AL ASSETS||L,ESS||||||||| |CURRENT|LIABIL,ITIES||||||1,100,134|||1,055,875| |RESERVES||||||||||| |Unrestricted|Funds|||||||||| |- General|||||||913,847|||877,325| |- Designated||||9|||80,738|||76,203| ||||||||994,585|||953,528| |Endowment|Funds|||8|||84,411|||89,847| |Restricted
|Funds|||8|||21,138|||12,500| |||||9||||||1,055,875| ## ## ## ## ## ## ## ## ## ## ## |GRANTS AN|D DON|ATI|ONS
RECEIVED||| |---|---|---|---|---|---| |||||2022|2021| |||||€|€| |UNRESTRICTED|FUNDS||||| |StClementsinitiative||||24,630|14,890| |TheMaster's
|Charitable
||Event||| |Otherdonations||||4,430|1,750| |Gift Aid recoverable||on|donations|,3 895|3 647| |||||,22955|,20287| |RESTRICTED|FUNDS||||| |Donations
for|Helen|Arkell||4,750|5,000| |Liveryman's
|Charity|Row|||| |Source2City||||3,800|| |Gift Aid recoverable
||on|donations|88|| |||||,8638|,5000| |TOTAL||||,31593|,25287| ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |||||||E| |Support
to Pensioner||Hatters:||||| |Grants||||13,025||11,775| |Contribution
to Atherstone|||Pensioners|||| |Lunch||||||| ||||||13,025|11,775| |Feltmaker
Awards:||||||| |Feltmaker
Design|Award|||4,250||| |Feltmaker
Award-Morley|||College|||| |(formerly
Kensington||&|Chelsea College)|,3000||| ||||||7,250|7,250| |Other Grants and|Awards:|||||| |Providence
Row||||3,000||14,000| |Treloar
Conege||||3,000||3,000| |Lord Mayor's
Appeal||||4,000||5,000| |Mencap||||||10,000| |Livery
Kitchen
Initiative||||||4,000| |Milliners'
Covid
|Hardship|||4,500||3,000| |Sheriffs'
and Recorder's
|||Fund|1,000||1,000| |St Paul's Cathedral||||1,000||1,000| |St Paul's Chorister||Trust||1,500||1,500| |Livery
Schools Link||||||500| |Cockpit
Arts||||||| |Helen Arkell
Dyslexia||||||| |HMS Lancaster||||1,500||1,500| |United
Guilds||||175||| |St Michael's
Hospice||||||500| |UK Mask Force||||||500| ||||||19,675|45,500| ||||||39,950|64,525| ## ## ## ||||||||NOTE|7 - mNTS||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Mamh2021|||Much2022||REALISED|MOVEMENTIN|| |DETAIIS||||||NOMINAL|MARKET|COST|NOMINAL|MARKET|COST|PROFrI'|UNREALISED|INCOME| ||||||||VALUE|||VALUE||/(LO")|APPRECIATION|| ||||||||||||||/(DEPREaATION)|| ||||||||€|E||€|€|€|€|| |UNRESTRICTED||FUNDS||||||||||||| |EQUITIES||||||||||||||| |Artemis
Fund|Managers|||||||||||||| |Income
I Units||||||32,387|79,035|51,078|32,387|83,948|51,078||4,913|3,032.64| |BNY Mellon
|Fund||Managers
|Newton|Growth|||||||||| |& Income
for|Charities|||||67,534|100,700|64,860|67,534|ffi,060|64,860||10,360|2,262.91| |CCLA
Investment|||Management|Ltd||||||||||| |Income
Security||||||1 ,678|30,086|30,000|1,678|33,135|30,000||3,049|896.47| |Invesco
Perpetual||||||||||||||| |Income
Z Units||||||2 3,333|46,258|3,500|23,333|49,401|3,500||3,143|1,369.72| |Law Debenture||Corporation||||||||||||| |Ordinary
5p|Shares|||||12,050|87,362|39,971|12,050|97,123|39,971||9,761|3,449.32| |M&G
Oiarifund||||||||||||||| |Income
Units||||||4,596|67,672|12,623|4,596|72,603|12,623||4,931|3,447.00| |M&G
Securities
||Man Global||||||||||||| |Dividend
I Inc||||||11,600|30,405|16,838|11,600|34,849|16,838||4,444|909.45| ## ## |||||||Mauth2021|||March2022||REALSED|MOVEMENT|IN|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |DET AIIS|||||NOMINAL||COSI'|NOMINAL|MARKET|CO!SI'|PROFrI'|UNREALISED||INCOME| |||||||VALUE|||VAL,UE||/(Iff;S)|APPRECIATION||| |||||||||||||(DEPRECIATION)||| |||||||E|€||€|€|€|||| |Brought|Fomard|||||441,518|218,870||482,119|218,870||40,601||15,367.51| |Personal|Assets Trust|||||||||||||| |Ordinary|E12.50 Shares||||142|64,184|42,667|142|71,568|42,667|||7,384|795.20| |Troy h'icome and Growth
||Tr'ust||||||||||||| |Ordinary|25p Shares||||65,350|46,791|52,688|65,350|50,320|52,688|||3,529|1,280.88| |Sarasin|and Partners LLP|||||||||||||| |Endowment
A GBP Dis Security|||||25,600|30,592|30,128|25,600|31,411|30,128|||819|842.24| |Schroder|O'ental|||||||||||||| |Ordinary|lp Shares||||12,750|35,636|19,680|12,750|34,552|19,680|||(1,084)|1,338.75| |Scottish|American
Investment||Co|||||||||||| |Ordinary|25 Shares||||8,700|40,368|39,974|8,700|44,022|39,974|||3,654|1,070.11| |Scottish|Mortgage
Investment||Trust|||||||||||| |Ordinary|5p Shares||||16,600|188,742|8,509|16,600|170,316|8,509||(18,426)||579.34| |Value &|hidexed Trust|||||||||||||| |Ordinary|lap Shares||||15,750|34,335|31,440|15,750|37,643|31,440|||3,308|1,968.75| |TOT AL|UNRESTRICTED|FUNDS
||INVESTMENTS||882,166|443,956||921,951|443,956|||39,785|23,242.78| ## ## |||||||||NOTE|7 - 5NTS|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Much|2021|||Matdi2022||RHALISED|MOVEMENT|IN|| |DET AIDS||||||NOMINAL|MAff||CO6T|NOMINAL|MAff|COSI'|PROFrl'|UNREALEED||INCOME| ||||||||VALUE||||VALUE||/(LOSS)|APPRECIATION||| |||||||||||||||/(DEPRECIATION)||| |ENDOWMENT
FUNDS|||||||||||||€|€||| |Aberdeen
|Standard|Asian||||||||||||||| |Ordinary
|5p Shares|(formerly||25p)||||12,187|6,152|4,875|13,504|6,152|||1,317|312.00| |Edinburgh|Worldwide
||Investment||Trust|||||||||||| |Ordinary
|lp Shares|||||7,325||24,026|11,161|7,325|16,335|11,161|||(7,691)|| |Law Debenture
Corporation||||||||||||||||| |Ordinary
|5p Shares|||||2,975||21,569|17,562|2,975|23,978|17,562|||2,409|851.59| |Scottish Mortgage
||hivestment||Tt||||||||||||| |Ordinar5r|5p Shares|||||2,450||27,857|3,562|2,450|25,137|3,562|||(2,720)|85.51| |TOT AL ENDOWMENT|||FUNDS
||INVESTMENTS|||85,639|38,437||78,954|38,437|||(6,685)|1,249.10| ## ## ## ## |||Balance||||Balance| |---|---|---|---|---|---|---| |||1st April|Movement
|in|Resources|31st March| |||2021|Incoming||Outgoing|2022| ||||E||E|| |Endowment|Fund|89,847|1,249||(6,685)|84,411| |Restricted
|Fund|12,500|8,638||-|21,138| |||102,347|9,887||(6,685)|105,549| ## |9.
ANALY|SIS
OF NET ASSET|S
BETWEEN
FUNDS|||| |---|---|---|---|---|---| ||||Other Net|Total|Total| |||Investments|Assets|2022|2021| ||||||€| |Endowment|Fund|78,954|5,457|84,411|89,847| |Restricted
|Fund||21,138|22,138|12,500| |Unrestricted|Funds||||| |- General||857,405|56,442|913,847|877,325| |- Designated||64,546|16,192|80,738|76,203| |||1,000,905|99,229|1,100,134|1,055,875| ||||2022|2021| |---|---|---|---|---| ||||E|E| |Investment|income||1,739|461| |Interest
receivable||||60| |Prize payment|||(1,072)|| |Net gains|on investments||3,868|550| ||||4,535|1,071| |Balance at|ISt April
|2021|,76203|,75132| |Balance at|31St March|2022|,80738|| ## ## ## ## |10.
COMPARAT|IVE
|AMOUNT|S
FOR ST ATEM|ENT
OF FINA|NCIAL
ACTIVITIE|S| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Endowment|Total| ||||Funds|Funds|Funds|Funds| |||||||2021| |INCOME
AND||||||| |ENDOWMENTS||||||| |Voluntary
Income:||||||| |Grants, legacies|and donations||20,287|5,000||25,287| |Investment
Income|||20,128||786|20,914| |Interest
Receivable|||39|||39| |Total Income|||40,454|5,000|786|46,240| |EXPENDITURE||||||| |Expenditure
on|charitable|||||| |activities:||||||| |Grants and Donations|||64,525|||64,525| |Administration
|and Support||3,783|||3,783| |Governance-Accountancy||||||| |and Legal|||1,100|||1,100| |Total Expenditure|||69,408|||69,408| |Net Operating (Loss)/ Income||||||| |For the Year|||(28,954)|5,000|786|(23,168)| |Net gains on investments||||||| |Realised|||80,964||11,196|92,160| |Unrealised|||165,524||28,581|194,105| ||||246,488||39,777|286,265| |Net Incoming
Resources||for||||| |the Year|||217,534|5,000|40,563|263,097| |Balances brought|forward|||||| |at 1st April
2020|||735,994|7,500|49,284|792,778| |Balances
carried|fomard|||||| |at 31st March
2021|||953,528|12,500|89,847|1,055,875| ## ## ## |||||March|March|March|March|March| |---|---|---|---|---|---|---|---|---| |||||2022|2021|2020|2019|2018| |||||€|€|€|€|| |Income||||||||| |Legacies
&|Donations|||||||| |Unrestricted||St Clements||14,630|14,890|15,990|15,425|14,925| |||Fundraising||4,430|1,750|6,656|21,115|21,712| |||Gift|Aid|3,895|3,647|4,446|4,708|3,881| |||Other|||||75,000|| |Total Unrestricted||||22,955|20,287|27,092|116,248|4 0,518| |Restricted||Haberdashers||||1,000|2,000|3,000| |||Other||8,638|5,000|7,650|2,500|| |||||31,593|25,287|35,742|120,748|43,518| |Investment
||Income
|& Interest|24,492|20,953|21,345|19,207|18,532| |Total Income||||56,085|46,240|57,087|139,955|62,050| |Expenditure||||||||| |Pensioner
Hatters||||13,025|11,775|11,200|12,800|13,600| |Other Donations||||26,925|52,750|33,995|30,225|21,550| |Administration||||3,820|3,783|3,770|3,746|3,840| |Other||||1,156|1,100|1,100|1,348|1,300| |Total Expenditure||||441926|691408|50,065|481119|40,290| |Net Operating Incoming/(Outgoing)||||11,159|(23,168)|7,022|91,836|21,760| |Investment
|gains and||(losses)|33,100|286,265|(87,563)|35,315|26,151| |Net Movement||in Funds||44,259|263,097|(80,541)|127,151|47,911| |Balances BroughtForward||||1,055,875|792,778|873,319|746,168|698,257| |Balances
Carried
Forward||||1,100,134|1,055,875|792,778|873,319|746,168| |ofwhichUnrestricted||||990,690|953,528|735,994|819,963|700,977| |Restricted/Endowment||||105,461|102,347|56,784|53,356|45,191| |REPRESENTED
BY||||||||| |Investments||Unrestricted||922,951|882,166|580,741|666,248|659,974| |||Endowment||78,954|85,639|45,981|48,037|42,936| |||Total||1,000,905|967,805|626,722|714,285|702,910| |Debtor||||3,983|||75,000|3,881| |Cash||||96,386|89,170|167,136|85,334|40,827| |Other||||(1,140)|(1,100)|(1,080)|(1,300)|(1,450)| |Total||||1,100,134|1,055,875|792,778|873,319|746,168|