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2025-03-31-accounts

CONTENTS				PAGE
aiarity Wormation				I
Report of ttie Irustees				2
h'idependent Hxaminer's Report				5
Statement of Financial	Activities			6
Statement of Financial	Position			7
Notes to the Financial	Statements			8
Five Year Summary	(For Wormation	purposes	oiy)	16

		Notes	Unrestricted	Restricted	Endowment	Total	Total
			Funds	Fiuids	Funds	Funds	Funds
						2025	2024
			€	t.	f,	E
INCOME AND ENDOWMENTS
Voluntary Income:
Grants, Iegacies and	donations		17,423	37,564		54,987	25,209
Investment Income			30,430			30,430	28,162
Interest Receivable			1,287			1,287	1,122
Total Income			49,140	37,564		86,704	54,493
E)a'ENDITURE
Expenditure on charitable
activities:
Grants mid Donations		5	37,060			37,060	43,802
Administrationand	Support		6,055			6,055	5,521
Governance-Accountancy	mid
Legal			1,450			1,450	1,326
Total Expenditure		6	44:?>65			44,565	50,639
Net Operating Income/(Loss)
for the Year			4;575	37,564		42,239	3,854
Net gains/(losses) on		7	20,646		4,704	25,350	59,380
investments
Net Incoming/(Outgoing)
Resources for the Year			25,221	37,564	4,704	67,489	63,234
Balances brought forward
at 1st Api 2024			965,876	4,800	75,344	1,046,020	982,786
Balances carried forward
at 31st March 2025			991,097	42,364	80,048	1,113,509	1,046,020

				Notes		2025			2024
					r		r	E		E
FNXED ASSETS
Investments				a"7			976,360			9ol,882
CURRENT	ASSETS
Cash at Bank								41,779
Cash at Stockbrokers
								8,5488
C'REI)I-I (X<5: Amounts			falling
due xa;rithin	one	veax
Accruals								"1350
"A}3:r CURRENT		ASSETS					137,149			84,138
TOT AI- ASSErS		LESS
CUFJREhT	LNABILITIEE=						AU,3,5Q!			7jJQ
RESERVFS
Unrastricted	Fu.nds
- General							906,.742			883,683
-I)esiupnated				9			,84355			82,193
							991,097			965,876
.'Endoi'vrrient	Funds						80,048			75,344
'Restx'icted Funds							42,364			3
				9			i,213,-1

						2025	2024
						E
UNRESTRICTED			FUNDS
St Clements		initiative				12,423	12,757
Legacy						5,000	1,000
Gift Aid	recovered		on donations				u2866
							,16623
RESI'RICTED		FUNDS
Donation	for	Brain	Tumour		Research	12,772	4,800
The Masters'		aiaritable		Events		24,792	3,402
Gift Aid	recovered		on donations				384
						,37564	m8586
TOTAL

						2025		2024
								E
						E
Support	to Pensioner		Hatters:
Grants						11,610	n
Feltmaker	Awards:
Feltmaker	Design	Award			4,250
Feltmaker	Award	- Morley		College
						4,250		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
Shes'	and Recorder's		Fund		1,000			1,000
	Sheriff's Ride							250
St Paul's	Cathedral				2,000			1,000
St Paul's	Choiter	Trust			1,500			1,500
CockpitArts					6,000
Helen Arkell Dyslexia								2,673
My Name'5 Doddie								2,636
HMS Lancaster					1 ,500			1 ,500
United Guilds					2 00			200
						21,200		24,092
						37,060		43,802

							NOIE	7 - mNTS
							Mardi2024				Mardi	2€)25
Dm'AnS						NOMINAL			COSI'	NOM[NAL			COST	APPREaATION		n%rCOME
							VALUE				VAI,UE			/(Dm'REaATION)
									E				F.	E
[CTED			F[W)S
EQUffEi
Artenus	Fund Managers
hicome	I Units					32387		88,935	51,078	3ffl		95,665	51,078	6,730		3,39538
BNY MellonFund			Managers Newton		Growdi
& Income for Charities						675X34		117,340	64,860	67,534		119,569	i	2,229		2,583.44
CCLA Investment			Mm'iagement	Ltd
COIFChariUes		InvestmentFund		DIS		1,678		34,296	30,000	14,507		282,605	289,600	@ugo)		3,767.36
Invesco	UK
Income	Z Untts					23,333		52,050	3,500	23,333		53,039	3,500		980	1,765.03
Law Debenture		Corporation
Ordinary	5p Shart's					12,050		95,798	39,Q71	72,050		105,920	39,971	10,122		4,17..31
M&G Chmifund
Income	Utfflts					ffl		66,921	423	4A%		69,781	11,123	4pO		1,234.22
M&G Securtties			Man Global
Dividend	I hic					11,600		36,651	16,838	11,600		39,532	16,838	2,m		4,159.38
airried	Forward							492,000	218a			766,111	476,970	16,012		23,077.12

						NOTB7 - mN'm	NOTB7 - mN'm
						Mardi	2024			March 2025		MOVEMENT	I
DETAILS					NOMINAL	MARKEI'		CaT	NOM[NAL	MARKET	CO"T	APPREaATION		la)ME
						VAI,UE				VALUE		(DEPREaATION)
							E	E
Brought	Forwgd						492,000	218,870		766,111	476,970	16,012		23,077.12
Personal	Assets Tt
Ordinary	ll5p Shares				14,200		68,231	42,667					(203)	624.80
Sarasin and Pmtners LIJa
Endowment A GBP Dis Security					25,600		31,667	30,128	25,600	31,872	30,128		205	870.40
SdiroderOriental
Ordinary	lp Shares				12,750		32,959	19,680	12,750	33,915	19,680		956	1,530.00
Scottish	Ametican hivestmentCo
Ordinary	25p Shares				8,700		43,848	39,974					(524)	630.75
ScotUsh	Mortgage hivestment		Trust
Ordinary	5p Shares				16,600		148,404	8,509	8,300	78,302	4,797		4,853	571,04
SISGlobal	hicome & Growth		TSI' PLC
(Formerly	Troy hicome and		Growth	Tnmt)
Ordinary	lp Shares				65,350		45,484	52a8					617	321.70
Value &	hidexedTrast
Ordhiary	lap Shares				15,750		26,972	31,440				(1,270)		1,071,00
TOTAL	UNRESTRICTED	FUNDS		INVESTMENTS			889,565	443,956		910,200	53171	20,646		28,6%.81

					NC7I'B	7 -
					March 2024				March 2025		MOVEMENT	I
DffAnS				NOM[NAL					MARKET	CO	APPREaATION		INCOME
					VAIUE				VALUE		/(DE!PREaATION)
HNDOW!!/[E$NTFUNDS										€	E
Aberdeen	Asia FocusPLC
Oranary5pSes				4A75		2894	6,152	4,875	14,089	6,152		1,195	361.73
Edinburgh	Worldw'dehivestmentTmt
Ordinary	Ip Shares			7,325	10,914		11,161	7A3	11,500	11161		586
Law DebentureComtion
Ordtnary5p	Siares			2,97!5		23,652	17,562	2,975	26,150	17,562		2A"n	1,267.47
Pemnal	Assets Tt
Ordinar5r 12.5p !%ares				615		2,955	2,997	615	3,100	:')997		145	52.89
Scottish Mortgage hivestment			Trust
Ordinary	5p Shares			2,450		21,903	3,562	1,200	11,321	1,745		279	50.88
TOT AL ENDOWMENT		FUNDS INVES'IMENTS				$7	41,434		66,160	39,617		4,704	i,mvi
TOTAL	ESThlENTS				961,882		4&5,390		976,360	571,192		25,350	30,429.78

				Balance			Balance
				1st April	Movement	in Resources	31st March
				2024	Incoming	Outgoing	2025
							E
Endowment	Fund			75,344	4,704		80,048
Restricted	Funds
Brain	Tumour	Research	Tt	4,800	12,772		17,572
The Master's		Charity			24,792		24,792
				4,800	37,564		42,364

			Other Net	Total	Total
		Investments	Assets	2025	2024
		E	€	E	E
Endowment	Fund	66,160	13,888	80,048	75,344
Restricted	Fund		42,364	42,364	4,800
Unrestricted	Funds
- General		842,075	64,667	906,742	8EK3,683
- Designated		68,125	16,230	84,355	82,193
		976,360	137,149.	.1,113,509	1,046,020

					2025	2024
					-E	E
Investment		income			1,538	1,782
Prize payment					(1,538)	(1,757)
Revaluation			of invesbnents		,2162	,5323
					2,162	5,348
Balance	at	1st	April	2024	8u2193	=76845
Balance	at	31st March		2025	-u	-a

				Unrestricted	Restricted	Endownient	Toti
				Funds	Funds	Funds	Funds
							2024
				E	)€	€	E
INCOME AND		ENDOWMENTS
Voluntary Ineomea.
Grants, Iegacies		and donations		26,623	8,586		25,209
Investment	Income			26,660		1,502	28,162
Interest Receivable				1,052		70	1,122
Total Inco:me				44,335	8,586	1,572	54493
E)a'ENDrIlJRE
Expenditure	on	charitable
activities:
Grants and Donations				38,493	5,309		43,802
Administration		and Support		4,311		1,200	5,511
Governance	Accountancy		&
Legal				1,326			1,326
Total Expenditure				44,130	5,309	i,200	50,639
Net Operating		(Loss)/ Income
For Uhe Year				205	3,277	372	3,854
N{et gains on	investments			54,345		5,035	59,380
Net Incoming	Resources		for the
Year				54,550	3,277	5,407	63,234
Balances brought		forward
at 1st April 2023				912,326	1,523	69,937	982,786
Balances carried		forward
at 31st March	2024			965,876	-=4,8m	-75,344	1,046,020

			March	March	March	March	March
			2025	2024	2023	2022	2021
			t	€	€	E	f:
Income
Legacies &	Donations
Unrestricted		St aements	12,423	12,757	13,705	14,630	14,890
		Fundraising			977	4,430	1,750
		Gift Aid		2,866	3,260	3,895	3,647
		Legacy	5,000	1,000	1,000
Total Unrestricted			17,423	16,623	18,942	22,955	20,287
Restricted		Haberdashers
		Other	37,564	8,586	30,322	8,638	5,000
			54,987	25,209	49,264	31,593	25,287
Invesbnent	Income & hiterest		31,717	29,284	26,720	24,492	20,953
Total Iricome			86,704	54,493	75,984	56,085	46,240
Expenditure
Pensioner Hatters			11,610	12,460	12,000	13,025	11,775
Other Donations			25,450	31,342	39,966	26,925	52,750
Administration			6,055	5,521	5,524	3,820	3,783
Other			1,450	1,326	34,442	1,156	1,100
Tn+'vl %nndi[uic			44!)65	50,639	92,932	44,926	69,408
Net Operating		Incoming/(Outgoing)	42,139	3,854	(15,%8)	11,159	(23,168)
Investment	pim	and (Iosses)	25,350	59,380	(101,400)	33,100	286,265
Net Movement		in Funds	67,489	63,234	(117,348)	4&259	263,097
Balances Brought		Forward	1,046,020	982,786	2,100,134	1,055,875	792,778
Balances Carried		Forward	1,113,509	1,046,020	982,786	1,100,134	1,055,875
of which Unrestricted			991,097	965,876	911,326	990,690	953,528
Restricted/Endowment			122,412	80,144	72,460	105,461	102,347
REPRESENTED		BY
Investments		Unrestricted	910,200	889,565	835,220	921,951	882,166
		Endowment	66,160	72,317	64,285	78,954	85,639
		Total	976,360	961,882	899,505	1,000,905	967,805
Debtor						3,983
Cash			138,599	85,488	84,541	96,386	89,170
Other			(1,450)	(1,350)	(1,260)	('i,iao)	(1,100)
Total			1,113,509	1,046,020	982,786	1,100,134	1,055,875