##
|CONTENTS||||||PAGE|
|---|---|---|---|---|---|---|
|Charity
Information||||||I|
|Report
of|the Trustees|||||2|
|Independent|Examiner's||Report|||5|
|Statement|of Fii'iancial||Activities|||6|
|Statement|of Financial||Position|||7|
|Notes to the Financial|||Statements|||8|
|Five Year|Summary
|(For Information||purposes|only)|16|
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##
||||Notes|Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|Funds|
||||||||2023|2022|
|||||E|f,||;€|€|
|INCOME
AND|||||||||
|ENDOWMENTS|||||||||
|VoIuntary
Income:|||||||||
|Grants,
legacies
|and donations|||18,942|14,642||33,584|31,593|
|Investment
Income||||25,080||1,376|26,456|24,492|
|Interest
Receivable||||245||19|264||
|Income
from
Fundraising|||||||||
|Events|||4b||15,680||15,680||
|Total
Income||||44,267|30,322|1,395|75,984|56,085|
|EXPENDITURE|||||||||
|Expenditure
on|charitable||||||||
|activities:|||||||||
|Grants
and Donations|||5|35,175|16,791||51,966|39,950|
|Administration
|and Support|||4,324||1,200|5,524|3,820|
|Governance-Accountancy|||||||||
|and Legal||||1,296|||1,296|1,156|
|Expenditure
on|Fundraising||||||||
|activities|||||33,146||33,146||
|Total
Expenditure|||6|40,795|49,937|1,200|91,932|44,926|
|Net Operating|(Loss)/Income||||||||
|for the Year||||3,472|(19,615)|195|(15,948)|11,159|
|Net gains/(losses)||on investments|||||||
|Realised|||7||||||
|Unrealised|||7|(86,731)||(14,669)|(101,400)|33,100|
|||||(86,731)||(14,669)|(101,400)|33,100|
|Net Incoming/(Outgoing)|||||||||
|Resources
for the||Year||(83,259)|(19,615)|(14,474)|(117,348)|44,259|
|Balances
brought||forward|||||||
|at 1st April
2022||||994,585|21,138|84,411|1,100,134|1,055,875|
|Balances
carried||foard|||||||
|at 31st March
2023||||911,326|1,523|69,937|982,786|1,100,134|
##
##
|||||Notes||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||E|||
|FIXED
ASSETS|||||||||||
|Investments||||7|||899,505|||1,000,905|
||ASSETS||||||||||
|Cash at Bank|||||37,035|||48,259|||
|Cash atStockbrokers|||||47,506|||48,127|||
|Other
Debtors||||||||3,983|||
||||||,84541|||100,369|||
|CREDrI'ORS:Amounts
|||faning||||||||
|due wiffiin|one|year|||||||||
|Accruals|||||,1260|||1,140|||
|NET CURRENT||ASSETS|||||83,281|||99,229|
|TOTAL
ASSETS||LESS|||||||||
|CURRENT|LIABIL[||||||||||
|RESERVES|||||||||||
|Unrestricted|Funds||||||||||
|- General|||||||834,481|||913,847|
|- Designated||||9|||76,845|||80,738|
||||||||911,326|||994,585|
|EndowmentFunds|||||||69,937|||84,411|
|Restricted
|Funds||||||1,523|||21,138|
|||||9|||,982786||||
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
||UNRESTRICTED||FUNDS||||||
||St Clements
initiative||||||13,705|14,630|
||The Master's
|Charitable
|||Event||||
||Other donations||||||977|4,430|
||Legacy||||||1,000||
||Gift Aid recovered|||on donations|||,3260|,3895|
||||||||,18942|,22955|
||RESTRICTED|FUNDS|||||||
||Donations
for|Helen||Arkell|||7,500|4,750|
||The Masters'
|Charitable
|||Events||3,755||
||Liveryman's
|Charity||Row|||||
||Source2City||||||3,350|3,800|
||Gift Aid recovered|||on donations|||37|88|
||||||||,14642|,8638|
||TOT AI.,||||||,33584|,31593|
|4b.|INCOME
FROM
||FUNDRAISING
|||EVENTS|||
||RESTRICTED
|FUNDS|||||||
||Sale of tickets|to|Master's||Charitable|Event|,15680||
##
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##
|||||||2023||2022|
|---|---|---|---|---|---|---|---|---|
|||||||E|||
|Support|to Pensioner
||Hatters:||||||
|Grants||||||12,000|l||
|Feltmaker
Awards:|||||||||
|Feltmaker
Design||Award|||4,250||||
|Feltmaker
Award||- Morley||College|3,000||||
|Morley|College
-|HNC|@ 20 Exhibition||500||||
|||||||7,750||7,250|
|Other
|Grants
and|Awards:|||||||
|Providence
Row|||||3,000|||3 000|
|Treloar|College||||3,000|||3 000|
|Lord
Mayor's
Appeal|||||4,000|||4 000|
|Milliners'|Covid
|Hardship||||||4,500|
|Sheriffs'|and Recorder's|||Fund|1,000|||1000|
|St Paul's|Cathedral||||1,000|||1000|
|St Paul's|Chorister|Trust|||1,500|||1,500|
|Helen
Arkell
Dyslexia|||||16,791||||
|HMS
Lancaster|||||1 ,500|||1,500|
|United
|Guilds||||175|||175|
|British
|Red Cross||||2 50||||
|||||||32,216||19,675|
|||||||51,966||39,950|
##
##
||||||||NOTE|7 - INVESTMEN|7 - INVESTMEN|IS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||March2022||||March2023||REALISED|MOVHMENTIN|||
|DEi AILS||||||NOMINAL|MARKET|COSar|NOMINAL||MARKET|C()SI'|laROHaIa|UNRHALISI':D||INCOME|
||||||||VALUE||||V/(I.,UE||/(LOSS)|APPRECIATI(')N|||
|||||||||||||||/(DEPREC|IATION)||
||||||||2|5|||!E|C|I||r,||
|UNRESTRICTED||FUNDS|||||||||||||||
|EQUfflES|||||||||||||||||
|Artemis|Fund Managers||||||||||||||||
|Income|l Units|||||32,387|83,948|51,078||32,387|82,257|51,078|||(1,691)|3,258.35|
|BNY Mellon
Fund|||Maitagers
|Newton|Growtl'i||||||||||||
|& Income
fcir Cliarities||||||67,534|111,060|64,860||67,534|109,088|64,860|||(1,972)|2,400.56|
|CCLA
|Investment||Management|T..td|||||||||||||
|Income|Security|||||1,678|33,135|30,000||1,678|31,456|30,000|||(1,679)|914.44|
|fnvesco|Perpetual||||||||||||||||
|Income|Z Units|||||23,333|49,401|3,500||23,333|48,017|3,500|||(1,384)|1,653.28|
|I,aw Debenture
||Corporabon|||||||||||||||
|()rdmary
5p Sliares||||||12,050|97,123|39,971||12,050|96,641|39,971|||(482)|3,630.08|
|M&G
|Cl'iarifui'id||||||||||||||||
|Income|Umts|||||4,596|72,603|12,623||4,596|68,166|i2,623|||(4,437)|3,837.66|
|M&G
|Securities
|Mcin Global|||||||||||||||
|Dividei'idI
Inc||||||11,600|34,849|16,838||11,tiOO|34,370|16,838|||(479)|1,002.87|
|Carried|Forward||||||482,119|218,870|||469,995|218,870|||('12,124)|16,e+97.24|
##
##
|||||||||Mai'ch2022|||March2023||REALiSLD|MOVEMENT|IN||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|DET AILS|||||||NOMINAL|MARKET|COST|NOMINAI..|MARKET|COST|PROF{T|UNREALISED||INCOME|
|||||||||VALUE|||VAtUE||(LOSS)|AI)I)RECIATION|||
|||||||||||||||/ (DEPRECI ATION)|||
|||||||||5|5||||||||
|Brougl'it
||Forwarc'l||||||482,119|218,870||469.995|218.870|||(12,124)|16,697.24|
|Personal||AsSets T'rust|||||||||||||||
|Ordinar)y||12.50p Sl'iares||(formerly
||€12.50)|142|71,568|42,6b7|14,200|67,805|42,667|||(3,763)|994.00|
|Sarasut
|anc'l Partners||LLP||||||||||||||
|I:ndowment||A GBP|Dis Security||||25,600|31,411|30,128|25,600|29J84|30,128|||(2,227)|842.24|
|Sclircider||Oriental|||||||||||||||
|( jrdinary||1 p Shares|||||12,750|34,552|19,680|12,750|32,959|19,680|||(1,593)|1,466.25|
|Scottish
|American
||Investment||Co||||||||||||
|Ordiiiary||25 Shares|||||8,700|44,022|39,974|8,700|44,283|39,974|||2bl|1,176.68|
|Scottisli
|Mortgage
||Investment||Trust||||||||||||
|C')rdinary||5p Sliai'es|||||16,600|170,316|8,509|16,600|112,648|8,509|||(57,668)|609.22|
|Troy Incc'nne and Grciwth||||Trust|||||||||||||
|()rdinary||25p Shares|||||65,350|50,320|52,688|65,350|46,137|52,688|||(4,183)|1,293.94|
|Value &||Inc'lexed al"rust|||||||||||||||
|(irdinary||lap Shares|||||15,750|37,643|31,440|15,750|32,209|31,440|||(5,434)|2,000.25|
|TOT
AL||UNRESTRICTED|||FUNDS|{NVESTMENTS||921,951|443,956||835,220|443,956|||(86,731)|25,079.82|
##
##
||||||||NO]'li7|- INVES'TMENTS|- INVES'TMENTS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||March2022|||March2023||REALISHL)|MOVEMENTIN|||
|DF.T AiLS||||||NOMINAi,|MARKET|C()ST|NOMINAT.|MARKET|COST|PR()FIT|UNREALISED||INCOME|
||||||||VALUI'(|||VALUE||/(LOSS)|AI)PRl'ClATION|||
||||||||||||||/(DEPRECI|ATIC')N)||
|ENDOWMEN"I'
raUNDS|||||||42|6||f,|I|1,||l||
|Aberdxi Asia }'ocu.s||PLC||||||||||||||
|(formerly|Aberdeen|Stanc'lard||Asian)||||||||||||
|()rc'lu'iary|5p Shares|||||4,875|13,504|b,152|4,875|12,431|6,152|||(1,073)|390.00|
|Hdinburg}i|Worldwide
||lnvestment
||Trust|||||||||||
|()rc'linary|Ip Shares|||||7,325|16,335|11,161|71325|11,368|]1,161|||(4,%7)||
|Law Delienture
Corporaticin||||||||||||||||
|Ordinary|5p Shares|||||2,975|23,978|17,562|2,975|23,860|17,562|||(118)|896.23|
|Scottisl'i|Mortgage
|Investinent||I'rust||||||||||||
|('irdinary|5p Sliares|||||2,450|25,137|3,562|2,450|16,62b|3,562|||(8,5]1)|89.92|
|TOT AL|ENDOWMENT||FUNDS INVESTMENTS||||78,954|38,437||64,285|38,437|||(14,669)|1,376.15|
|TOT At|INVESTMENTS||||||1,000,905|482,393||||||||
##
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##
|||||Balance||||Balance|
|---|---|---|---|---|---|---|---|---|
|||||1 st April|Movement
|in|Resources|31st March|
|||||2 022|Incoming||Outgoing|2023|
|||||E|E||E||
|Endowment|Fund|||84,411|1,395||(15,869)|69,937|
|Restricted|Funds||||||||
|Helen|Arkell|Dyslexia|Charity||||||
|My Name'5
||Doddie
|Foundation||||||
##
||||Other
|Net|Total|Total|
|---|---|---|---|---|---|---|
|||Investments|Assets||2023|2g22|
||||E||||
|Endowment|Fund|64,285|5,652||69,937|84,411|
|Restricted
|Funds||1,523||1,523|21,138|
|Unrestricted|Funds||||||
|- General||774,580|59,901||834,481|913,847|
|- Designated||60,640|16,205||76,845|80,738|
|||899,505|83,281||982,786|1,100,134|
||||||2022|
|---|---|---|---|---|---|
||||||;€|
|Investment||income||1,757|1,739|
|Interest
|receivable|||||
|Prize payment||||(1,744)|(1,072)|
|Revaluation||of investments|||,3868|
|||||(3,893)|4,535|
|Balance
||at 1'-' April
|2022|80,738|,76203|
|Balance
|at 31s' March||2023|7,6845|,80738|
##
##
##
##
||||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||||||2022|
||||E|E|€|€|
|INCOME
AND|||||||
|ENDOWMENTS|||||||
|Voluntary
Income:|||||||
|Grants,Iegaciesanddonations|||22,955|8,638||31,593|
|InvestmentIncome|||23,243||1,249|24,492|
|Interest
Receivable|||||||
|Total
Income|||46,198|8,638|1,249|56,085|
|EXPENDITURE|||||||
|Expenditure
on|charitable||||||
|activities:|||||||
|Grants
and Donations|||39,950|||39,950|
|Administration
|and Support||3,820|||3,820|
|Governance-Accountancy|||||||
|and Legal|||1,156|||1,156|
|Total
Expenditure|||44,926|||44,926|
|Net Operating|(Loss)/ Income||||||
|For the Year|||1,272|8,638|1,249|11,159|
|Net gains
on investments|||||||
|Realised|||||||
|Unrealised|||39 785||(6,685)|33,100|
||||39 785||(6,685)|33,100|
|Net Incoming
Resources||for|||||
|the Year|||41,057|8,638|(5,436)|44,259|
|Balances
brought|forward||||||
|at 1st April
2021|||953,528|12,500|89,847|1,055,875|
|Balances
carried|foard||||||
|at 31st March
2022|||994,585|21,138|84,411|1,100,134|
##
##
##
||||||March|March|March|March|March|
|---|---|---|---|---|---|---|---|---|---|
||||||2023|2022|2021|2020|2019|
||||||;€|€|;€||;€|
|Income||||||||||
|Legacies|&|Donations||||||||
|Unrestricted|||St Clements||13,705|14,630|14,890|15,990|15,425|
||||Fundraising||977|4,430|1,750|6,656|21,115|
||||Gift|Aid|3,260|3,895|3,647|4,446|4,708|
||||Other||1,000||||75,000|
|Total
Unrestricted|||||18,942|22,955|20,287|27,092|116,248|
|Restricted|||Haberdashers|||||1,000|2,000|
||||Other||30,3-')2|8,638|5,000|7,650|2,500|
||||||49,264|31,593|25,287|35,742|120,748|
|Investment||Income
||& Interest|26,720|24,492|20,953|21,345|19,207|
|Total
Income|||||75,984|56,085|46,240|57,087|139,955|
|Expenditure||||||||||
|Pensioner|Hatters||||12,000|13,025|11,775|11,200|12,800|
|Other Donations|||||39,966|26,925|52,750|33,995|30,225|
|Administration|||||5,524|3,820|3,783|3,770|3,746|
|Otlier|||||34,442|1,156|1,100|1,100|1,348|
|TotalExpenditure|||||91,932|44,926|69,408|50,065|48,119|
|Net Operating||Incoming/(Outgoing)|||(151948)|11,159|(23,168)|7,022|91,836|
|Investment||gaii'is|and|(losses)|(101,400)|33,100|286,265|(87,563)|35,315|
|Net Movement
|||in Funds||(117,348)|44,259|263,097|(80,541)|127,151|
|Balances
|Brought||Forward||1,100,134|1,055,875|792,778|873,319|746,168|
|Balances|Carried||Forward||982,786|1,100,134|1,055,875|792,7'8|873,319|
|ofwhichUnrestricted|||||911,326|990,690|953,528|735,994|819,963|
||Restricted/Endowment||||71,460|105,461|102,347|56,784|53,356|
|REPRESENTED|||BY|||||||
|Investments|||Unrestricted||835,220|921,951|882,166|580,741|666,248|
||||Endowment||64,285|78,954|85,639|45,981|48,037|
||||Total||899,505|1,000,905|967,805|626,722|714,285|
|Debtor||||||3,983|||75,000|
|Cash|||||84,541|96,386|89,170|167,136|85,334|
|Other|||||(1,260)|(1,140)|(1,100)|(1,080)|(1,300)|
|Total|||||982,786|1,100J34|1,055,875|792,778|873,319|