## 

## 



## 

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





## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 



## 



## 

|||Notes|Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
||||Funds|Fiuids|Funds|Funds|Funds|
|||||||2025|2024|
||||€|t.|f,|E||
|INCOME<br>AND<br>ENDOWMENTS||||||||
|Voluntary<br>Income:||||||||
|Grants,<br>Iegacies and|donations||17,423|37,564||54,987|25,209|
|Investment<br>Income|||30,430|||30,430|28,162|
|Interest<br>Receivable|||1,287|||1,287|1,122|
|Total<br>Income|||49,140|37,564||86,704|54,493|
|E)a'ENDITURE||||||||
|Expenditure<br>on  charitable||||||||
|activities:||||||||
|Grants<br>mid Donations||5|37,060|||37,060|43,802|
|Administrationand<br>|Support||6,055|||6,055|5,521|
|Governance-Accountancy|mid|||||||
|Legal|||1,450|||1,450|1,326|
|Total<br>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<br>for the Year|||25,221|37,564|4,704|67,489|63,234|
|Balances<br>brought<br>forward||||||||
|at  1st Api<br>2024|||965,876|4,800|75,344|1,046,020|982,786|
|Balances<br>carried<br>forward||||||||
|at 31st March<br>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<br>(X<5:  Amounts<br>|||falling||||||||
|due xa;rithin|one|veax|||||||||
|Accruals||||||||"1350|||
|"A}3:r  CURRENT||ASSETS|||||137,149|||84,138|
|TOT AI- ASSErS||LESS|||||||||
|CUFJREhT<br>|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<br>Funds|||||||42,364|||3|
|||||9|||i,213,-1||||






## 

## 

## 



## 

## 

## 

## 

## 

|||||||2025|2024|
|---|---|---|---|---|---|---|---|
|||||||E||
|UNRESTRICTED<br>|||FUNDS|||||
|St Clements<br>||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'<br>||aiaritable<br>||Events||24,792|3,402|
|Gift Aid|recovered||on  donations||||384|
|||||||,37564|m8586|
|TOTAL||||||||





## 

## 

## 

## 

|||||||2025||2024|
|---|---|---|---|---|---|---|---|---|
|||||||||E|
|||||||E|||
|Support|to Pensioner<br>||Hatters:||||||
|Grants||||||11,610|n||
|Feltmaker|Awards:||||||||
|Feltmaker|Design<br>|Award|||4,250||||
|Feltmaker|Award<br>|- Morley||College|||||
|||||||4,250||7,250|
|Other<br>Grants<br>and||Awards:|||||||
|Providence<br>Row|||||3,000|||3,000|
|Treloar<br>|College||||3,000|||3,000|
|Lord Mayor's<br>Appeal|||||4,000|||4,000|
|Shes'|and  Recorder's||Fund||1,000|||1,000|
||Sheriff's<br>Ride|||||||250|
|St  Paul's|Cathedral||||2,000|||1,000|
|St Paul's|Choiter|Trust|||1,500|||1,500|
|CockpitArts|||||6,000||||
|Helen Arkell<br>Dyslexia||||||||2,673|
|My Name'5<br>Doddie||||||||2,636|
|HMS Lancaster|||||1 ,500|||1 ,500|
|United<br>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<br>||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<br>||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<br>||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<br>|Forward|||||||492,000|218a|||766,111|476,970|16,012||23,077.12|





## 

## 

|||||||NOTB7<br>- mN'm|NOTB7<br>- 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<br>Shares||||14,200||68,231|42,667|||||(203)|624.80|
|Sarasin and  Pmtners LIJa|||||||||||||||
|Endowment<br>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<br>hivestmentCo||||||||||||||
|Ordinary|25p  Shares||||8,700||43,848|39,974|||||(524)|630.75|
|ScotUsh|Mortgage<br>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<br>|UNRESTRICTED<br>|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<br>|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<br>|Assets  Tt|||||||||||||
|Ordinar5r 12.5p !%ares||||615||2,955|2,997|615|3,100|:')997||145|52.89|
|Scottish Mortgage<br>hivestment|||Trust|||||||||||
|Ordinary<br>|5p  Shares|||2,450||21,903|3,562|1,200|11,321|1,745||279|50.88|
|TOT AL ENDOWMENT<br>||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<br>||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<br>|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<br>|at|1st|April<br>|2024|8u2193|=76845|
|Balance<br>|at|31st March||2025|-u|-a|





## 

## 

## 

## 

|||||Unrestricted|Restricted|Endownient|Toti|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
||||||||2024|
|||||E|)€|€|E|
|INCOME<br>AND||ENDOWMENTS||||||
|Voluntary<br>Ineomea.||||||||
|Grants, Iegacies||and  donations||26,623|8,586||25,209|
|Investment<br>|Income|||26,660||1,502|28,162|
|Interest<br>Receivable||||1,052||70|1,122|
|Total Inco:me||||44,335|8,586|1,572|54493|
|E)a'ENDrIlJRE||||||||
|Expenditure<br>|on|charitable||||||
|activities:||||||||
|Grants and Donations||||38,493|5,309||43,802|
|Administration||and  Support||4,311||1,200|5,511|
|Governance<br>|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<br>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<br>&|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<br>&  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<br>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<br>||Incoming/(Outgoing)|42,139|3,854|(15,%8)|11,159|(23,168)|
|Investment<br>|pim|and  (Iosses)|25,350|59,380|(101,400)|33,100|286,265|
|Net Movement<br>||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<br>Carried||Forward|1,113,509|1,046,020|982,786|1,100,134|1,055,875|
|of  which<br>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|