2021-03-31-accounts - The Masons Company Charitable Trust

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		Page
Report ofthe Trustees		"I to3
Independent Examiners	Report
Statement of Financial	Activities
Salance Sheet
Notes to the Financial Statements		Tto1O

for the year ended 31stMarch 2	021
				2021		2020
				Unrestricted		Total
				fund		funds
				E		6
			Notes
INCOMING RESOURCES
Incoming resources from generated		funds
Voluntary income				21,960		18,494
Investment Income				22,019		25,558
Total incoming resources				43,979		44,052
RESOURCES EXPENDED
Charitable activities
Main Fund				26,765		33„757
Other resources expended				6,940		6,782
Total resources expended				33,705		40,539
Net incoming resources before	other
recognised gains and losses				10,274		3,513
Other gains/losses
Net gains/(losses) on invetsment	property				(	2,045)
Net gains/(losses) on investments				110,534	(	46,968)
Net movement in funds				120,808	(	45,500)
RECONCILIATION OF FUNDS
Total funds brought forward				538,834		584,334
TOTAL FUNDS CARRIED FORWARD				659,642		538,834

Balance Sheet
As at 31stMarch 2021
			2021		2020
	Notes	Unrestricted		Unrestricted
			fund		fund
FIXEDASSETS
Investment property			100		100
Investments			633,703		497,475
			833803		497,575
CURRENT ASSETS
Debtors			4,844		1,705
Cash at bank			28,520		49,484
			33,364		51,189
CREDITORS
Amounts falling due within one year		{	7,525)	(	9,930)
NET CURRENT ASSETS			25,839		41,259
TOTAL ASSETS LESSNET CURRENT
LIABILITIES			659,642		538,834
NET ASSETS			659,642		538,834
FUNDS
Unrestricted funds			654,252		538,834
Restricted funds			5,390
TOTAL FUNDS			683,642		538,834

						2021	2020
						9	5
INCOMING RESOURCES
Voluntary income
Donations Court & Livery donations
Court & Livery Gift Aid						15,845	14,519
Court & Livery - Non Gift			Aid			100	2,500
Other Gift Aid	(Livery Fines)					1,625	1,475
Other Gift Aid	donations		re NHS Covid -19support			2,390
Other Gift Aid	donations		re Grinling		Gibbons competition	2,000
						21,960	18,494
investment income
Rents received						3,400	3,400
Phone mast rental						2,100	2,100
Investment income						16,518	20,053
Interest received						1	5
						22,019	25,558
Total incoming resources						43,979	44,052
RESOURCES EXPENDED
Charitable activities
Associated Companies Joint Venture		Fund		- Broderers		2,000	2,000
ACF Competition prizes						300	350
Builder's Benevolent Inst.						250	250
City ofLondon Freeman's	School					500	500
City and Guilds of London	- Stone carving			competition
King Edward's Witley						500	680
Lettering 8 Commemorative	Arts Trust					500	500
Lettering 8 Commemorative	Arts Trust		- Journeyman				590
Lord Mayor's Appeal						1,000	1,000
Treloar Trust						500	500
Master's Charity						750	750
Orton Trust							500
Portland Museum Trust						250	250
Royal Bdtish Legion						500	500
Royal Engineers Museum						350	350
St Paul's Cathedral - Equal	access						10,000
St Paul's Cathedral						750	750
Sheriffs' & Recorders' Fund						250	250
Royal Navy - HMS Portland						150
Royal Air Force - 14Squadron						150
Carried Forward						8,700	19,720

Detailed Statement of Financial	Detailed Statement of Financial	Activities	Activities
for the year ended 31st March 2021
					2021	2020
					6	f
Brought Forward					8,700	19,720
Charitable activities
St Paul's Cathedral -Crisis	grant				500
Edith Cavell Fund for Nurses					500
St Paul's Cathederal Foundation		Remember		Me	1,000
Nantgaredig Athletic Club -	Dewi	Morris			250
Church Recording Society					500
Royal Trinity Hospice					500
City and Guilds of London					2,000
Guildhall School Appeal					500
NHS Covid grant - AR Woodman-Bailey					500
Clergy Support Trust					250	250
War Memorials Trust					350	350
Westminster Abbey
Canterbury Cathedral loan	box					500
Chdst's Hospital					500	500
Ironbridge					7,740	7,290
Livery Schools Link					125	300
Weald &Downham Museum					100	192
St Marylebone Church - Changing		Lives			1,000
Switchback initiative						500
Horn Fare						255
Micheldean Parish Church	-War	memorial				500
Shaun Williams - Chilean Embassy-			Piloto	Luis	250
Livery Fare						400
Outwork Reach
Canterbury Cathedral					1,500	1,500
Salisbury Cathedral						1,500
					26,765	33,757
Other resources expended
Administration
Administration					6,871	6,722
Bank charges						60
Total resources expended					33,705	40,539
Net Income					10,274	3,513

INVESTMENTS
As at 31st March 2021
						Book	Market
						Cost f	Valuation f
t t
~dt* B d
6000 intermediate Capital Group			Pic 5'/4	NTS	2023	10,026	10,675
B~dd d
182 Ml Tweny Four dynamic Bond Goes 18,200Janus Henderson Fxd Int Monthly 965ISHS Idx Linked Quilts				I inc Nav Income		20,104 20,141 20,033	20,788 20,511 18,416
Preference Shares
7000.00 Ecclesiastical Insurance Office 8.6254/4 Non Cum IRRD GB1 7000 Lloyds Banking Group 9.25'/4 Non-Cum IRR PRFSHS						8,742 8,534	10,815 10,840
~Bevera es
415Diageo Ord GBP0.28935185						7,935	12,406
Chemicals
280 Johnson Matthey Ord Shrs GBP1.047619						7,481	8,436
Electronic &Electrical E ui	ment
1045Halma						8,016	24,808
Gas Water & Multiutilities
1,124 National Grid Ord GBP0.113953 12,500 Triple Point Energy Efficiency Infra Co						9,497 12,520	9,711 12,875
General Industrial
160Rio Tinto Ord 10p						9,136	8,880
4 tt ld
135Spirax-Sarco Engineering		pic				8,761	15,390
Life Insurance
540 Prudential Ord GBP0.05						4,290	8,319
Media
510RELX Pic GBP0,144						7,570	9,277
obile Telecommunications
6,100Vodafone Group Ord USD 0.11428571						13,397	8,045
Pesonal Goods
275 Unilever Pic Ord GBP0.031111						6,989	11,154
				TOTAL Carried Forward		183,171	221,346

									Book	Market
									Cost	Valuation
									8
investments cont.
								TOTAL Brought Forward	183,171	221,346
Pharmaceuticals	and Bi				hnol
560Glaxo Smith	Kline	pic							8,592	7,213
Real Estate Investment			Trusts
300 Derwent London GBP				33.6136					10,105	9,684
1,630Segro Pic									4,661	15,283
S~ES
580 Diploma Pic									8,005	14,778
100LSE Ord									8,180	6,940
Tarvel &Leisure
5,150 Intl Consolidated		Airline							8,857	10,212
UK
4,650Jupiter UK	Mid Capital								12,280	13,485
North America
4900JP Morgan	American			Investment			Trust Ord GBP0.05		9,928	29,694
1,265 ISHS Core	S&P	500							14,960	36,377
As~la x I incni~an
6,540 Schroder Oriental			Income Fund				Ord GBP0.01		9,231	18,279
210Morgan Stanley Inv			Funds Asia			Opportunity			15,069	12,398
~EM M*
7,400 JP Morgan	Global		Emerg Markets					Inc Trust PLC	8,977	10,767
Global
4,325 Scottish Mortgage			Investment			Trust ORD GBP0.25			9,007	49,175
5,100Fundsmith	LLP								15,559	25,850
Infrastructure
8500The Renewables		Infrastructure					Group Ltd		10,050	10,353
10,950Foresight	Solar	Fund			Ltd NPV				11,551	11,169
5,175 31 Infrastructure		NPV							10,048	15,344
7,800 Bilfinger Berger Global infra SICA								V Ord NPV	9,027	13,447
9,740 Greencoat	UK Wind			PLC Ord		GBP0.01			10,859	12,526
10,500 Digital 9Infrastructure									10,520	10,448
								TOTAL Gamed Forward	388,637	554,769