Charity number- 265579
The Barbers, Company General Charities
Trustee's report and financial statements
for the year ended 31 August 2024

Contents Page
Trustee's Report
Independent examinerfs report
Statèment of financial activities
Balance sheet
Notes to the financial statements
9-16

The Barbers, Company General Charities
Trustee's Report and Financial Slatements for the year ended 31 August 2024
TRUSTEE'S REpofiT
The Barbers, Company General Charities is constituted under a Trust deed dated 23 March 1973 and is a
registered charity, number 265579. The Trustee at the date ol this report is The Master, Governors and
Commonalty of the Mystery of Barbers of London (commonly called the Barbers, Companvl..
Qb'ective and Activities
The principal object of the charity is to provide 8rants and general donations for charitable purposes. It makes
gr3nts under the two main headings of..
The advancement of education, with a particular focus on medical education
Relief of sufferin6
During 2023124, the charity made awards of £248,45112023.. £255,442).
The Trustee continues to have regard to the Charity Commission guidance on public benefit in settin8 Its grant
making policies and future plans and is satisfied that the grants that have been made provide public benefit to
the cofflmunity. The charity primarily makes grants to instltutions, but a small number of awards are also made
to individuals. The majorlty of the charit¢s grants are made to those organisations with which it has a long-
standing relationship.
Achievements & Performance
In 2023124, the charity's main beneficiaries were the following,.
King's College London- £90,00012023.. £80,000)
The charity has supported students at King's College London since 2008, when it launched an appeal to
mark the Barbers, Company's 700, Anniversary in conjunction with ihe Extended Medical Degree
Programrne IEMDPI at Guqs, Kind5 and StThom2s' Medical School. This programme encouraged pupils in
the inner London boroughs to take up careers in medicine. During 2017118 a new appeal called Outreach
2020 w3s set up to expaid on this work. The 700, Anniversary appeal and the Outreach 2020 appeal were
closed in October 2020 and August 2022 respectively. A nèw 2-year agreement, which continued to
support the work of the EMDP and the Outreach for Medicine programmes from unrestricted funds,
awarded £80,000 in 2022123 and £90,000 in 2023124. The agreement updated some of the modalities of
the support, for example providing digital tablets and e-books in lieu of textbooks, reflecting both student
wishes and the evolution of COLsrse delivery. Further donation5 of £50,000 have been agreed for 2024125
and 2025126, reslricted to EMDP,
Royal College of Surgeons - ES0,00012023- £50,000)
For many years, the charityfunded the Barbers, Company Professor of Anatomy at the College. Retirement
of the long serving incumbent and an extensive restructuring of the College's approach to learning created
an opportunity for the charity to refocus its support. Between 2019120 and 2021122 it granted £50,000 per
annum to fund specific aspects of the CDlleEe's investigation into emerging technologies and delivery
methocls of training in surgery, This allowed the College to deliver learning to previously unmet educational
needs and reach trainees, members and fellows more e35ily. The programme successfully concluded at
the end of August 2023 with demonstrable success achieved In 2023124, given the totemic nature of the
relationship between the College and the Barber5, Company, the eh3rity provided £50,OtK) to part-fund an
eponymous research fellowship at the College, The Dame Clare Marx Barbers, Cornpany Fellowship,.
phylli5 Tuckwell H05pice- £50,00012023.. £30,0001
The hospice was fourided by a past Master of the Barbers, Company, Sir Edward Tuckwell, in memory of
his wife. Like all hospices, Phyllis Tuckwell receives only limited support from public funds and depends

The Barbers, Company Gener31 Charities
Trustee's Report and Financial Statements for the yèar ended 31 August 2024
TRUSTEE'S REPORTcontinued
heavily on voluntary don3tions. Palliative and respite care 3re provided at the Hospice, which has 18 beds.
a day hospice (the Barbers, Day Care Centrel and an outpatient's department. The Hospice also provides
h05pice care to patients in their own homes. In 2023124 and in 2024/25, gr3nts were/will be restricted to
funding the hospice's educational activities thèt support the national Er)d-of-Life Care Strategy.
BMA Charities IMcNee Awards) - £nil12022.. £30,000)
Awards are made to medical students at London medical schools who already have a degree and do not
therefore have access to mLJch of the financial support that Is available to those studying medicine 35 8 first
degree. The charity provides this support primarily during the Middle three years of the five-year course.
The grants are intended to cover the deficit between a Student's annu31 income and their outgoin85. All
applicants are interviewed by the charity before awards are made via the 8MA Charities. In 2024, this grant
was made by the Barbers, Amalgamated Charity.
The 83rbers' Clinical Nursing Scholarship- £20,00012023.. £14,7501
Annual awards are offered to encourage Qualified nurse5 to undertake research projects in connection with
their clinical work. These awards were administered by the University of East Anglia. with a member of the
Court of the Barbers, Company involved in inteThfiewing shorilisted candidates.
School awards and bursaries
The charity supports pupils at a numberof Inner London schools throu8h the provision of awards and prizes.
ndividual prizes are largely, but not exclusively, targeted to recognise excellence in STEM subjects or
leadership pur5Ults that might lead to gucce5sful entry to further education in medical disciplines. During
the year prizes were awarded to 13 schools12023'. 12 schools1. The charity also g3vp a bursary of £7,300
to the Guildhall School of Music & Dram312023- £7,300, plus a performance grant of £2(X)l. A grant of
£S.000 was made to the Richard CIoLJdesley School for literacy trainin812023.' E5,104 to enable the school
to purchase a Reac Write Inc programmel and a grant of £3,00012023'. £3,000) w35 made to the City of
London Acadetlly Isouthwarkl for bursaries.
Other grants and donations are distributed on a di5cretion3ry basis to 8 variety of causes, particularly those
charities associated with the City of London and the surrounding boroughs. The charity has limited resources
and donations are therefore targeted to make a re313nd noticeable difference. This means that, as a rule,
grants are made to small charities where funds are limited rather than to large national charities. Each request
s assessed and 3pproved using agreed guidelines, which emphasise that relief of need is of paramount
importance in all such assessments.
The charity's guidelines for charitable Eiving are reviewed annually by its Charity Committee and any proposed
amendment is submitted to the Court of the Barbers, Company, acting for the Trustee, for approval. Potent131
applicants can check the most recent charity guidance at www.barberscom
.or
The charity received donations of E161,95512023.. £279,0661, legacies of £25,0(KI12023.. £nill and investment
income of £56,47012023.. E52,0251. The donations figure included a don3tion into unrestricted funds of listed
investments with a market value of £53,875 from the Barbers, Company12023'. £173,218, £72,589 into
unrestricted funds and £100,629 into endowment funds). It expended £248,45112023: £255,442) in charitable
don3tion5 and grants.
Financial Review
Investment Review
The charitys Investment portfolio is managed by Quilter Cheviot. 0￿rIng 2012113, the Trustee agreed a total
return approach with its investment managers, The Trustee regards 3% of the base v31ue of investments as
being an appropriate figure to budget For spending out of unrestricted funds. This base value is the value of

The Barbers, Company Gener31 Charitie5
Trustee's Report and Financi31 Statements for the year ended 31 August 2024
TRUSTEE'S REPORT continued
investments basecs on the average of the twelve preceding quarters. If in any one year income is below the 3%
level, funds may be transferred from the ExpendabSe Endowment Fund to make up this shortfall. At 31 Au8USt
2024, the market value of the investments was £1,904,89112023= £1,755,255). At the year-end, the yield on
the portfolio wa5 2.9%12023: 2.9Yol.
Reserves policy
The charity's reserves policy is to hold a level of unrestricted reserves that cover at least six months, worth of
anticipated expenditure. At 31 AuBUSt 2024 the charity held total funds of £2,054,04312023.. £1,909,852) of
which £92,01712023.. £81,915) were restricted and not available for the general purposes of the charity,
£1,762,158 12023.. £1,621,7211 were expendable endowment funds and £199,86812023.. £206,216) were
unrestricted funds (free reserves). The level of free rese￿eS is in line with the Charity's reserves policy.
Administrative costs
The charity pays no administrative expenses at all, except for investment management fees and bank charges.
All its other costs 3re borne by the Baibers, Company.
Risk Management
The Trustee has assessed the major risks to which the charity 15 exposed, in particular. those related to the
operations and finances of the charity and is satisfied that £ystems are in place to mitigate its exposure. A major
financial risk derives from market vo13tility and the potential knock-on effect on the charittys ability to meet it5
charitable commitments should markets struggle. The investments are man3ged by repLJtable professional
investment manager5 who adhere to a policy agreed by the Trustee and the Ch3rity Committee. Regular
meetings are held WiLh the investment managers and their performance and that of the portFolio are monitoied
regularly. Whilst various worldwide crises may influence markets, the Trustee does not believe that there Is
any material risk that the charity COLsld not continue as a going concern. It has sufficient reserves to cope with
any short-term income loss and charitable spending could be adjusted as necessary.
Structure Governance & Mana
ement
The Trustee is responsible for preparing the Tfu5tee's Report and the financial statements in 3ccord3nce with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally AC￿pted Accounting
Practicel, The law applicable to charitie5 in England and Wales requires the Trustee to prepare f inancial
statement5 for each financial ye3r, which give a true 2nd fair view of the state of aff3irs of the charity and of
the income and expenditure of the charity for that period, In preparing these financial statements, the Trustee
is required to..
Select suitable accounting policies and apply them consistently,.
observe the methods and principles in Accounting and Reporting by Charities= Statement of
Recomtnended Practice applicable to charitiès preparing their accounts in accordance with the
Financial Reportln8 Standard applicable in the UK and Republic of I reland IFRS 1021,.
make judgements and estimates that are re3sonable and prudent,.
state whether applicable United Kingdom accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements,. ar)d
prepare the f inancial statements on a going concern basis unless it is inappropriate to presume that
the charity will continue in operBtion.
The Trustee is responsible for keeping proper accounting records that disclose wlth reasonable accuracy at 3n¥
time the financi81 position of the charity and enable them to ensure that the financial statements comply with
the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed.

The Barbers, Company General Charitiès
Trustee's Report and Financial Statements for the year ended 31 August 2024
TRUSTEE'S REPORT continued
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
The managernent of the charity is the responsibility of the 83rbers' Company, and these duties are exercised
by all the members of the Court of the Company, with routine charitable matters being conducted on behalf of
the Court by the Charity Committee. Day to day man3gement and administration of the Barbers, Cotnpany 15
delegated to its Executive Officer, the Clerk. M J Doran, who also attends all meetings of the Charity Committee.
New members of Court are selected from the Livery of the Company and are elected by ballot by existing Court
members.
All members of Court are regularly reminded of their re5POn5ibilities by the Clerk who draws their attention to
the relevant Charity Commission publications, including "The Essential Trustee., Wh3t you Need to Know, What
You Need to Do" plus details of the Company's charities, guidelines 3nd objectives. ApprDpri3te training and
development are encouraged and Supported by the Company. Members of the Court and the Charity
Committee are expected to comply with ongoing continual professional development requirements and
opportunities are regularly given to 3ttend charity educational training and events. Members of the Court of
the Baiber5' Company and of the charity Committee do not receive any remLJneration or expenses in respect
of their duties.
The Charity Committee is responsible for the routine administration of the charity and is 3S5iSted by the Clerk.
The Committee reports to the Court of the Barbers, Company four times a year following meetings at which
appeals for financial 3£SlSt2nce are considered. The Clerk to the Company and the Chairman of the Charity
Committee conduct a prellminary review of incoming appeals to determine which fall within the limits of the
Court's guidelines,. those that qualify are placed on the agend3 for further consideration by the Charitv
Committee at its next meeting.
Members ofcourt..
The Members of the Court of the Barbers, Company between the be8inning of the financial year and the date
that the accounts were signed were as *ollows'.
Wl Cr05er Imasterl
DrAI Michalski
The Hon Mrs V Lovell
S Bh3ttacharya
MR King
CW Spr3gue
FN Read
Drjs Bolton
BW Cope
JN Rounce
Sir Roger Vicker5
GR Preston
AE Hoskinson
Dr TP Cutler
MIB Roberts
NJ Goddard
Pl Fabricius
Dr ME Heber
DG Tomlinson
TR Lee
Nl Gregory
PDR 5praggs (appointed 8 August 20241
DK Ellis lappointed 8 August 20241
Sir Barry Jackson Iresigned 8 August 20241
Lord Ribeiro (resigned 8 August 20241

The Barbers, Compar,v General Charities
Truslee's Report and Financial Statement5 for the year ended 31 August 2024
TRUSTEE'S REPORTcontinued
chari
Committee Members..
Charity Committee Members between the beginning of the financial year and the date that the accounts were
signed were as folloivs..
Wl Croser
Dr AJ Michalski
The Hon Mrs V Lovell
5 8hatlacharya lappolnted 8 August 20241
MR King
Dr ME Heber (appointed Chairman 8 Au8USt 20241
GR Preston
DK Ellis
Sl Cooke
Prof Fcf Smith
Dr JH Taylor (appointed 8 August 20241
AJ Lye (appointed 8 August 20241
ASE Goddard13ppointed 8 August 20241
AE Hoskin50n (Chairman, resigned 8 AuEUSt 20241
Nl Goddard (resigned 8 August 20241
Dr GL Henson Iresigned 8 August 20241
PA Cole Iresigned 8 August 20241
Reference & Administrative Details
Prlncipal Office..
The Barbers, Company
Barber-surgeons, Hall
Monkwell Square
Wood Street
London
EC2Y SBL
Bankers..
C Hoare & Co
37 Fleet Street
London
EC4P 4DQ
Independent Examiner..
Edward Finch
Buzz3COtt LLP
130 Wood Street
London
EC2V 6DL
Investment Managers..
Quilter Cheviot
Sènator House
85 Queen Victoria Street
London
EC4V4AB
This report was approved by the Trustee on 25 February 2025 and signed on its behalf, by..
Dr ME Heber (Chairman of the Charity Committee)

The Barbers, Company General Charities
Trustee's Report and Financial Statements for the year ended 31 August 2024
Independent examinerfs report to the Trustee of the Barbers, Company General Charities
I report to the charity Trustee on my examination of the accounts of the &arber5' Company General Charities
Ithe charityl for the year ended 31 August 2024.
Responsibilities and ba515 of report
A5 the Trustee of the charity, YOU are responsible for the preparation of the account5 in accordance with the
requirements of the Charities Act 20111'the Acf l.
I report in respect of my examination of the charity's accounfs carried out under section 145 of the 2011 Act
and in carrying out my examinatior) I have followed 311 the applicable Directions given by the Charity
Commission under section 1451Sllbl of the Act.
Independent examinerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in connection
with the examination 8iving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 130 of the Act., or
+ the accounts do not accord with those records,. or
+ the accounts do not comply with the applicable requirements concerning the form 3nd content of
accounts set out in the Charitie5 IAccounts and Reportsl Regulations 2008 other than any requirement
that the accounts 8ive a 'true and lair view, which is not 3 matter considered as part of an independent
examination.
I have no concerns and have come acros5 no other matters in connection with the examination to which
attention should be drawr) in this report in order to enable a proper understanding of the accounts to be
re3ched.
Name,, Edward Finch
Relevant professional qualification or body.. ICAEW
On behalf of Buzzacott LLP
Chartered Accountants
130 Wood Street
London
EC2V 6DL

The Barbers, Company General Charities
Trustee's Report and Financial Stitements for the year ended 31 August 2024
Statement of financial attivitles for the year ended 31 August 2024
Notes
Expendablè
Endowment
Funds
2024
Restricted
Funds
2024
Unrestricted
Funds
2024
Total
Funds
2024
Income from,.
Donztions and legacies
Investment income
186,955
53,084
240,039
186,955
56,470
243,425
3,386
3.386
Total income
Expenditure on..
Raising Funds
Investment rnanagement fees
Charitable actNities
Total expenditure
Net gains on investments
Net incomellexpendlturel
9.654
633
10,287
248.887
259,174
159,940
144.191
2,5
3,133
9,849
10,102
246,387
246,387
9.654
150,091
140,437
16,3481
Total funds 3t I September 2023
Total funds at 31 August 2024
1.621,721
1,762,158
81.915
92.017
206,216
199,868
1,909,852
2,054,043
Stotement offffnonciol aGtlvitlesfvr the yeur ended 31 August 2023
Notes
ExpÉntloble
Endowment
Funds
2023
Restricted
Funds
2023
Unrestricted
Funds
2023
Totol
Funds
2023
Incomefrom.,
Donations and lega¢ies
Investment income
100,629
178,437
48,543
227,080
279.066
52.025
331,091
3,383
3.382
Totallncome
Expenditure on..
RcTising Ftjnds
Investment manogementfees
Choritable uctivities
Total expendlture
Net1055es on investments
Netincome/la¥penditure)
It￿,529
8,983
629
9,612
355,839
265,451
{56,(M52
120,405)
5,000
5,629
(5,311)
17,558J
250,839
250,839
8,983
180, 734)
10,912
{23,759J
Tottslfunds ot I September 2022
rotulfunds ot 31 August2023
1.610,809
1,621,721
89,473
81.915
229,975
206,216
1,930,257
1,909,852
ASI activities relate to continuing operations. The notes cin pages 9 to 16 form part of these financial staternents.

The Barbers, Company General Charities
Trustee's Report and Financial Statements for the year ended 31 August 2024
B21ance Sheet
As at 31 August 2024
Notes
Total
Funds
Total
Funds
2024
2023
Fixed assets
Investments
1,904,891
1,755,255
Current assets
Debtors
Cash at bank and in hand
26,473
171,435
197,908
27,125
223,186
250,311
Creditors.. amounts falling due
within one year
Net current a55ets
148,7561
149,152
195,7141
154,597
Total a55et5 less current liabilities
2,054,043
1,909,852
Funds
Expendable endowment funds
Restricted funds
Uniestricted funds
Total fund5
819
819
819
1,762,158
92,017
199,868
2,054,043
1,521,721
81,915
206,216
1,909,852
The financial statements were approved by the Trustee on 25 February 2025 ancl si£nÈd on its behalf. by..
Dr ME Pteber Ichairrnan of the Charity Committee)
The notes on pages 9 to 16 form part of these financial statements.

The Barbers, Compapy General Charities
Trustee's Report arid Financial Statements for the year ended 31 August 2024
Notes to the flnancial statements lor the year ended 31 AuBUSt 2024
l. Accounting Policies
The principal accounting policies adopted, judEernents and key sources of estimation uncertainty in the
preparation of the financial statements are as follows..
al Basis of Preparation
The financial statements have been prepared in accordance with 'Accounting and Reporting by
Charitie5.' St3tement of Recommended Practice applicable to charities prepaling their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021. The charity constitutes a Public Beiiefit Entity as defined by FRS 102. The financial statemènts
have been prepared in sterling and rounded to the nearest pound.
bl Preparation of the Bccounts on a going concern basis
The Trustee is satisfied that the charity is a going concern and has prepared these finar)cial statements
on that basis. The charity has adequate unrestricted reserves tD meet its annual commitments for the
foreseeable future and also has significant expendable endowment funds which could be spent should
the need arise.
cl Key estimates and judgement5
The financial statements do not contain any material key estimates or jud8ements.
dl Income
Donation income 15 recognised when the charity ha5 entitlement to the funds. it is probable that the
income will be received. and the amount can be measured reliably and is not deferred.
Investment income, including interest. is recognised when receivable.
el Fund accounting
Endowment funds are funds that the Trustee is legally required to invest or to keep and use for the
charity's purposes. The charity's endowment funds are considered to be expend3ble, and the Trustee
ha5 the power to convert these Into income should the need arise. However, these funds are
distinguishable from'income, by the absence of a positive duty on the part of the Trustee to apply them
for the purposes of the charity, unless and until thi5 power to convert into'income, is actually exercised.
In 2013, following 3 review of the ch3rity's reserves, the Trustee considered the Source and intention
of the original fundg given and decided it was more appropriate to classify part of unrestricted rèserves
as expendable endowment funds. The level of this reserve as at I September 2012 reflected the
amount of unrestricted investment funds at the same date.
General funds are unrestricted fLJnds which are 3vail3ble for use at the discretion of the Trustee in
furtherance of the Eeneral objectives of the charity and which have not been designated for other
purposes.

The Barbers, Company General Charities
Trustee's Report and Financial Statements for the year ended 31 August 2024
Notes to the financial statements for the year ended 31 August 2024 Icontinuedl
el Fund accounting Icontinuedl
Restricted funds are funds which are to be used in accordance with specif ic restrictions imposed by
donors, or which have been raisecs by the charity for particular purposes. The cost of raising 3nd
administering such funds Is charged against the specif ic fund. The aim ancs usè of each restricted fund
is sel out in the notes to the financial statements.
fl ExpenditLJre and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a
third party, it is probable that settlement will be required, and the amount of the obligation can be
measured reli3bly. Expenditure is classified under the following headings..
I nve5tment Management Fees include the charity's share of fees charged to collective
investments schemes in which it has holdings where these are clearly identifiable.
Expenditure on Charitable Activities include5 both grants awarded and their associated support
costs.
Irrecover3ble VAT is charged 3s a cost against the activity for which expenditure was incurred.
gl Investments
Investments are stated at market value at the balance sheet date. The statement of financial activities
includes the net gains 3nd losses arisin8 on revaluation5 and disposals throughout the year.
h) Debtors
Trade and other debtors are reco8nised at the settlement amount due.
il Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past event that will probably result in the transfer of funds to a third party and the amount due to
settle the obligation can be measured or estimated reliably. Creditors and provisions 3re recognised
at their settlement amount due,
Donations & Legacies
Endowment
Funds
2024
Restrlcted
Funds
2024
Unrestricted
Funds
2024
Total
funds
2024
Donations received and gift aid
Donation from Barbers, Company
LeBacies
Total
108,080
53,875
25,0
186,955
108,080
53,875
25,000
186,955
io

The Barbers, Company General Charities
Trustee's Report ard Financial Statements for the year ended 31 August 2024
Notes to the financial statements for the year ended 31 August 2024 IcontiHuedl
2. Donations and Legacies (continuedj
Endowment
Funds
2Q23
Restricted
Funds
2023
Unrestricted
Fund5
2023
Totsl
Fund5
2023
onations received ond gift aid
Donation frc)m Barbers, Comp(Jny
Totol
105,848
72,589
178437
105,848
173,218
279,066
100.629
100,629
Charitable Activitie5
Restricted
Funds
2024
Unrestricted
Funds
2024
Total
funds
2024
Grants to individua15
Grants to institutions
Support Costs Ibank charges)
Total
2,500
500
245,451
436
246,387
3,000
245,451
436
248,887
2,5QO
Grants were m3de to one individLJal from restricted funds and one individual from unrestricted funds. A list of
Institutional grants is shown overleaf.
Restricted
Fund5
2023
Unrestricted
Funds
2023
Totol
Fynds
2023
Grc7nts to ffndividuuls
Grants to institution5
Support Costs (bunk chorgesl
Total
5,000
300
250,142
397
250,839
5,30Q
250,142
397
255,839
5,000
Gronts were mode to two individualsfrom restrictedfunds (3nd one individualfrom unrestrictedfund5. A list of
institutional grants 15 shown owerleaf.
li

The Barbers, Company General Charities
Trustee's Report and Financial Statements For the year ended 31 August 2024
Notes to the financial statements for the year ended 31 August 2024 Icontinuedl
Choritoble Activitftes continued
Institutional grants
2024
2023
King's College London
Royal College of Surgeons
Phylli5 Tuckwell Hospice
University of East Anglia INursing scholarships)
The Guildhall School Trust Ischolarships and bursaries)
Richard Cloudesley School
Treloar Trust
City of London Academy ISouthw2rkl
British Society of Gastroenterology
British Orthopaedic Association
IDEALS
Maggie's Centres
Music Therapy Charitv
The Lord M3yo¢s Appeal
Doctors, Orchestra18arbers' staff timel
Royal British Legion (Garden of Remembrancel
St Paul's Cathedral Choir School FoundatlDn
Sl Giles, Cripplegate
Sheriffs, & Recorder's Fund
Tooting & Balham Sea Cadet5
SSAFA Carol Concert
Swilch 180 (Snow Camp)
ABF The Soldiers, charity IBig Curry Lunch)
BMA Charities IMcNee awards)
ABF The Soldiers, Charity (King Edward Vll Hospital pain management
programmel
City Harvest
London Sympk¥ony Orchestra
City of London School liGEMI
Other grants less than £1,￿0
90,000
50,000
50,000
20,000
7,300
5,000
5,000
3,100
3,000
3,000
2,500
2,496
2,000
1,500
1,033
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
80,000
50,000
30,000
14,750
7,500
5,104
5,000
3,100
3,000
2,244
1,500
1,000
1,000
1,000
1,000
1,000
1,000
30,000
6,500
5,000
4,000
3,000
5,159
261,857
111,7151
250,142
3,280
257,209
111,7581
245.451
Le55 grants paid by the Haymarket Charitable Trust
Total Institutional Grants
During the year, the Barbers, Company General Charities gave bursaries of £7,300 to the Guildhall School
Trust12023.. £7,300, plu5 a perfoimance Brant of £2001. It also gave bursaries of £3,000 to the City of London
Ac3demy ISouthwarkl12023.' £3,(M)01 and awarded prizes to 13 schools12023', 12 schools). Of this, £11,758
12023.. £11,715) wa5 pBid by the H3ymarket Charitable Trust, with the balance being mèt by the Barbers,
Comp3ny General Charities.
12

The B3rber5' Company General Charities
Trustee's Report and Financial Statements for the year ended 31 August 2024
Notes to the financlal statements for the year ended 31 August 2024 Icontinuedl
4. Trustee remuneration
During the year, the Trustee did not receive any remuneration from the charity12023 - £nill
During the year. the Trustee did not receive any benefits in kind from the ch3rity12023 Enill
During the year, the Trustee did not receive any reimbursèment of Èxpenses from the charity12023 - £nill
5. Fixed asset investment5
Listed
securitles
Market value
At I September 2023
Additions
Donation fron) Barbers, Company
Disposals (proceeds £286,006, realised gains E15,2201
Unre31ised gains
At 31 August 2024
Cash awaiting investment
Total investment5
1,626,067
338,838
53,875
1270,7861
144,720
1,892,714
12,177
1,904,891
Investments at market value comprise:
2024
2023
Listed investments
Cash
1,892,714
12,177
1,904,891
1,626,067
129,188
1,755,255
All fixed asset investments are held in the U K.
2024
2023
Historical cost of listed investments
1,614,941
1,616,463
Material investments
There were no investments held at year-end that individually comprise more th3n 5% of the total market value
of the investments.
13

The Barbers, Company Gener31 Charities
Trustee's Report and Financial Statements for the year ended 31 August 2024
Notes to the financial statements for the year ended 31 August 2024 Icontinuedl
6. Debtors
2024
2023
Prepayment5 2nd accrued income
Gift aid recoverable
12,862
13,611
26,473
14,224
12,901
27,125
7. Creditors.. Amounts falling due within one year
2024
2023
AmoLJnt due to the Haymarket Charitable Trust
Amount due to the Barbers, AmalEamated Charity
Accruals and deferred income
14,557
31,199
3,000
48,756
14,565
31,149
50,000
95,714
8. Statement of funds
For the year ended 31 August 2024
Brought
ft)Iward
Carrled
forward
Income
Expenditure
Gains
Expendable Endowment
1,621,721
19,6541
150,091
1,762.158
Restricted funds
Ronald Raven Bequest
81,915
3,386
13,1331
9,849
92,017
Unrestricted funds
General funds
206,216
240,D39
1246,3871
199.868
Tolal funds
1,909,852
243,425
1259,1741
159,940
2,054.043
Expendable Endowment Funds
In 2013, following a review of the charity's reserdes, the Trustee considered the source and intention of the
original funds given and decided it was more appropriate to classify p3rt of unrestricted reserve5 as expendable
endowment funds. Th2 level of this resepde as at I September 2012 reflected the amount of unrestricted
investment funds at the same date. The movement on this fLJnd reflects the cost of investment manager's fees,
gainsllosses on the portfolio since I September 2012 and any donations to the fund.
Restricted Funds
The Ronald Raven Bequest aims to provide financial assistance for special training or educational projects
proposed by Ljndergraduate or postgraduate medical or surgical students or by members of the Medical Artists,
Association.
14

The Barberg, Company General Charities
Trustee's Report and Financial Statements for the year ended 31 August 2024
Notes to the financial statements for the year ended 31 AuEust 2024 Icontlnuedl
8. Statement of fund5 Icontinuedl
For the yearended 31 August 2023
Brought
fofword
Corried
forwt7rd
Income
Expendlture
Losses
Expenduble Endowment
1,610.809
100,629
(8.983)
{80,734J
1,621,721
Restrictedfvnds
Ronuld RavEn Bequest
89,473
3,382
(5,629}
(5,311)
81,915
Unrestrictedfunds
Generolfund5
229,975
227,080
1250,839)
205.216
Totalfunds
1.930,257
331,091
{265,451)
(86.045)
L9Q9,852
9. Assets byfunds
For the year ended 31 August 2024
Expendable
Endowment
Funds
2024
Restricted
Funds
2024
Unrestricted
Funds
2024
Total
Funds
2024
Fixed Assets
Investments
1,791,811
113,080
1,904,891
Current A5set5
Debtor5
Cash at bank and in hand
544
25,929
171,435
197,364
26,473
171,435
197,908
544
Creditors.. amounts falling due within
one year
Net current assets
148,7561 148,7561
148,608
149.152
544
Interfund balance
Total a55ets less current liabilitie5
129,6531
1,762.158
121,6071
92,017
51,260
199,868 2,054,043
15

The 8arbers' Company General Charities
Trustee's Report and Financial Statements for the year ended 31 August 2024
Notes to the financial statements for the year ended 31 August 2024 Icontinuedl
9. Assets by funds Icontinuedl
For the yet7r ended 31 August2023
Expendable
Endowment
Funds
2023
Restricted
Funds
2023
Unrestricted
Funds
2023
Total
Funds
2023
FixedAssets
Investments
1,651,371
103,884
1. 755,255
CurrentAs5et5
Debtors
CJ5h at bonk and in hand
601
26,524
223,186
249,710
27,125
223,186
250,311
601
Creditors.. umountsf(711ing due within
one year
Net currerpt Qssets
195, 714) (95,714)
601
153,996
154,597
Interf(Jnd balonce
Total os5ets less current liobilitles
(29,6501
1,621,721
(22,570)
81,915
52,220
206,216 1,909,852
10. Related partie5
The charity shares 3 common Trustee (the Barberg, Company) with the Barbers, Amalgam3ted Charities and
the Haymarket Charitable Trust.
During the year the Trustee donated listed inve5tment5 Wlth a market value of £53,87512023.. £173,218) to the
charity.
The Haymarket Charitable Trust has no bank account of its own and all of its income is received, and all of its
donations are paid via the Barbers, Company's General Charities bank account. During the year grants of
£11,75812023.. £11,7151 were paid by the charity on behalf of The Haymarket Charitable Trust.
Balances due lo related parties at the year-end are shown at note 7.
DG Tomlinson, a member of the Court of the Barbers, Company, is also a trust&e of the Phyllis Tuckwell Hospice.
Professor Fct Smith, a member of the Charity Cotnmittee, is a member of the Roy31 College of Surgeons Eng
Fellowship Awardin8 Committee. AE Hoskinson, a member of the Court of the B3rbers' Company and former
member of the Charity Committee, is chairman of the Treloar's lundraiging committee. Mr Tomlinson.
Professor Srnith and Mr Hoskinson declare their interests and whilst their opinion might be sought, they are
not involved in the decision making, or subsequent review of grants made to those charities.
There were no other related party transactions requiring disclosure.
16