The Worshipful Company of Bowyers, Bowyers Charitable Trust Charity Registration numbor 270702 Report of the Trustees Receipts and Payments Accounts and Statement of Assets and Liabilities 31st December 2022
The Worshipful Company of Bowyers. Bowyers Charitable Trust Registered Number 270702 Rwrt of th• Trnst••s for th8 y1 •fftd•d 31st D4mbr 2022 ObJ¢ctfv•8 and A¢tFvltles The overall obje¢t of the chafty is ID raise funds from the members of the Ber$. Company by way of donatsons. aid. legacies and gifts for the purpose of donabng funds lo charitable causes in accordance with Ihe Company s ch8nlable glg strategy, 85 approved by the Trustees from time to time. The Trustees, nI strategic focus on donatn5 that will m8ke 8 significant positive difter8nce ol outcome in these four main areas.. lal lor th8 tenefrt ol ¢lonal opportunty.. Ibl lor the constructive benefit of disadvantaged persons. prelerabty young and London-connected and ideally wth some archèry ettnI lo the beneflction. lel lor the benefit of the Compans military affiliatn5' neV010ne0". and l¢Jl lor the benefft of the relevant charitsble eauses of the Lord Mayor 8nd other City of Lth)clon cNic b)dies. Al Ihe discretson of the Trustees. the charity may also donate funtJ8 lo other sdected charitable causes ol some le¥ar lo the BowyErs' Company vthere a signjficanl positive difference of outcom8 can bg foreseen. A sp8cial provisic is agr88d by th8 Tnjstaes to donato £1,000 it) total ov81 8h Mastsr's Mi¢>year period of VAslership in the name ol the Company lo a Charilab cause or causes ol the Masle¢s Ixvn choosing The Trustees have had Oue regar(I lo the Charity Commission's public benèfit gukjanc when exer¢i3ing any rer8 or dutses to the guKlarKe ts rokvant Achl•v•m•nts and P•rfwmn¢• The Receipts and Payments account for the general aTrJ cwlal fund for the year ended 31st December 2022 are 8hthvn on pages 4 to 6 att%hed and the Stalemeni ol Assets 8nd Liabilities 813181 December 2022 Is shown on page 7 th a note on pagè 8. Flnanclal Revlow Thg capital fund sel up in 1999 stands at £116.066. The wJrFKJse of the captsl fund is lo provide fof the X¢AJmulation of capital. the income from is io be used lor charitsbltr donalDn purp)ses The ¢9mla1 Intantn was to t4Jikl a fund of at st £100,000. The trustees agreed. in 2017. th81 whlk any surplus charitsLg0 ine woukj ¢ontinug lo b8 reinvested in the capital fund, lhe no tonger a specific requirement to grow the fijnd above tho level of £100.000 and Ihat Ihe investn7nt ino)me from the fuTrJ as from January 2017 COU be %Jsed to increase our chant8b5e gmng In 2022 the trustees WJTeed that nel realised gaIr for the prewous year coukl be used to Inase cwr (*aTrtabb gNing and £8.9W vras tranSferd from the the Caprtal Fund to the General Fund The Trustees are mln(Jed for the ¢uture that Conderab"oft eould addrb'onally be gwen to making exceptional disbursements from scffie of the capt31 In excess ol the level ol £100,000. athough no such ry)nsidefatith) ks iel boing gNen.
The Worshipful Company of Bowyers. Bowye Charitable Trust Registered Number 270702 Report of the Trustees for the year ended 31st December 2022 Structure. Gov•rnanc• and Manag•mgnt Th& charitab Trust is Sn unThwrnted asxoailon govem&J by a Trust Deed dat&J 16Juty 19&3. The power of appointing Tru51ees and ol remowng Tru*ees 80 OPPDinted Is vested in The Society of The Mistery of Btrer$ of the City of London l The c1pany). There sh811 not be fewer than three and not more than &x TnJ5tees of whorn, three shall be the persons from lime to lime hokling orrv of Master and Wardens of The Company and who shall retire on ceasing to hold any of T4Jch offKes. R•fvrnnco and Admlni¥tratlv• d•t•lJs The Trustees ol The Bovryers Charttable Trust are the helders of the office of Master, Upper Warden and Rentgr Warden al any one bme. The ojrreni Trustees are.- Ma61er Upper W8r¢Jgn Rgnler Ward 'Mr NhJel Halpem Aklerman Sir David Woolton Mark Elltr)tt qm Nigel Hellpern- Pla•tsr StrJned Signed domi Slr Oav Uppèr Ward•n ENlott- Rent•r Warden Spring Cottage 31 High Street Sutton Velly Warmir6ter BA127AW Date 20 Octobef 2023
Independent Examinèrfs Report to the Trustees of The Worshipful Company of Bowyers, Bowyers Charitsble Trust Charty Number 270702 I feport lo the trusiees on my examin8bon of the a¢c4)unts of the al)ove charity I'lhe Trusn for the year endod 31sl Decemtrer 2022 . as Set ¢)ut on pages 4 .8 ResponSbIlIti•$ and b1$ of roport AS the charity trustees of Ihe TnJst,you are responsible for the preparation of the accounts In accordance wrth the requirements of Ihe charit Act 2011 (' Ihe Acl. I l pOrt in respect of my examination of Tnfs Uftts ¢atti•d out under s•¢tion 145 01 th0 2011 Art and in carying OLtt my examinat I have Icdkn4Ed all the applicabk Directions gen by the Charity Commisslon under section 14515 Ilb) of tha A¢1. Ind•p•nd•nt •xamln•r'• Stat•m•nt I have completed my ex8minaiion I confimi that no material matters have come to my attenbon in connection wlh the gxominglion gNiW cause to believe Ihat in any maten81 resrecl . 1. 8¢¢ounlin9 records %%tre nol kept In t)rdan with sect#Jn 130 of the Acl or 2 the awounts th) not acc<¥d wth the accounting IordS. I have no ncarn8 and have Com across no other matter8 in ¢onnedKJn wth the examinabon lo which attention shoulj be drawn in this rèF#Xt in order to enable a proper undwstsnding of the accoun18 to be reachod Slgn•d Nmtr: QLsalifScatlon: AddrgS6.' Denise Oakh A.C.A 15 Towe•stgf Rd Old Slrafford Millon Keynes MK19 Dats.. 20 Octcthr 2023
Tho Wornhipful Company of Bowyor8' Bowyers Charitable Trust Receipts and Payments Account (General Fund) Year ended 31st December 2022 2022 2021 Receipts Donatn6 to Fund Personal Bovryers Company Freemen Legacy Charty Banquet prc¢eeds Deposit account interest Sundry Income Income tax repayment 23.621 100 1,450 1,000 11,455 43 26,005 100 1.075 14,920 14 6,250 5,903 43.572 48,366 Paym•nts Donats'ons (see Iisl aitsched on page 61 Charity Banquei ¢¢)sts Bank Char$ 35.385 10,944 37.340 14.742 46.373 52,082 Defi¢lt for th• yr 12.8011 13.7161 Transfer Irom Caprtal Fund Balance brought forn1 34.931 36.347 Balanc• carrfed for4Yard £ 41,030 £34931
Thè Worshlpfvl Company of Bowyers, Bowyers Charitable Trust Receipts and Payments Account (Capital Fund) Yoar ended 31st December 2022 2022 2021 RKolp In¢om• Banks Investments Prowrtson ol Company Surplw8 2.161 69) 2,237 Total Roc•lpt8 2,816 2.238 expendlturn Inveslmenl management tharges 1,193 1,413 Surplu$ 1.623 82S Galn on curr•n¢y Gain on d1*1 of invKtments 24 8.907 9,756 4,909 6,536 Trnn8fer to Gen•rnl Fund I8,) 12.3641 7.456 8alanc• brought lovrd 118.430 110.974 Balanc• card•d fonvard £ 116066
The Worshipful Company of Bowyers. Bowyers Charitable Trust Donations Year ended 31st December 2022 2022 2021 338 Squadron RAFAC Aldgate Scho)I Book Clubs ir Schools Brentwood Sea Cadeis British Bbnd Sports Archery Cavell Nurses Trust Central Foundathin GirLs' School City Special Event Kings Colkge. London Lord Mayorfs Appeal Mercian Re91. Benevolent Fund Royal Hospital Chelgea Sherriffs. & Recorders, Fund Sick Children's Trust Submanners Memon81 Appe Suited & Booted Cenlrg The Lord Mayo¢sABF Blg Curry Lunch Treloar TnJ8t United Guilds Serv• Wesl Lond¢Jn Mission 3.000 1.200 1.500 4,000 2.750 2,000 3,5L 1,500 1.500 6,350 100 250 4,000 250 3.000 2,000 250 3,1)00 1.000 17S 2.500 £ 3S365 £ 37340
The Worshipful Company of Bowyors. Bowyers Charitable Trust Statement of Assets and Liabllities As at 31st December 2022 2022 2021 Flx•d a$$ts Investsnenls Noto Page 8 112.988 108,346 Curr•nt a$s•t¥ Debtors Bank accounts 8rok&rfs w)unts Not curront au•ts 7,175 35 175 1,758 8.500 34.496 2.019 44.1Ck8 45.015 Not a•8•ts £ 157 096 £ 153 361 R•pr•ont•d by General Fund Capital Fyrxl 41 030 116.C66 34.931 118.430 Totsl fund• £ 157.096 £ 163 361
sll 111 as 111 SouCSth1