The Worshipful Company of Bowyers' Bowyers Charitable Trust Charity Registration number 270702
Report of the Trustees
Receipts and Payments Accounts and Statement of Assets and Liabilities
31st December 2024
The Worshipful Company of Bowyers' Bowyers Charitable Trust Registered Number 270702
Report of the Trustees for the year ended 31st December 2024
Objectives and Activities
The overall object of the charity is to raise funds from the members of the Bowyers' Company by way of donations, gift aid, legacies and gifts for the purpose of donating funds to charitable causes in accordance with the Company's charitable giving strategy, as approved by the Trustees from time to time. The Trustees' current strategic focus is on donations that will make a significant positive difference of outcome in these four main areas:
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(a) for the benefit of educational opportunity;
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(b) for the constructive benefit of disadvantaged persons, preferably young and London-connected and ideally with some archery element to the benefaction;
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(c) for the benefit of the Company’s military affiliations’ benevolence; and
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(d) for the benefit of the relevant charitable causes of the Lord Mayor and other City of London civic bodies.
At the discretion of the Trustees, the charity may also donate funds to other selected charitable causes of some relevance to the Bowyers' Company where a significant positive difference of outcome can be foreseen. A special provision is agreed by the Trustees to donate £1,000 in total over each Master’s two-year period of Mastership in the name of the Company to a charitable cause or causes of the Master's own choosing.
The Trustees have had due regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.
Achievements and Performance
The Receipts and Payments account for the general and capital fund for the year ended 31st December 2024 are shown on pages 4 to 6 attached and the Statement of Assets and Liabilities at 31st December 2024 is shown on page 7 with a note on page 8.
Financial Review
The capital fund set up in 1999 now stands at £139,640. The purpose of the capital fund is to provide for the accumulation of capital, the income from which is to be used for charitable donation purposes. The original intention was to build a fund of at least £100,000.
The trustees agreed, in 2017, that while any surplus charitable income would continue to be reinvested in the capital fund, there was no longer a specific requirement to grow the fund above the level of £100,000 and that the investment income from the fund as from January 2017 could be used to increase our charitable giving. In 2022 the trustees agreed that net realised gains for the previous year could be used to increase our charitable giving. No transfer was made in 2024 from the Capital Fund to the General Fund.
The Trustees are minded for the future that consideration could additionally be given to making exceptional disbursements from some of the capital in excess of the level of £100,000, although no such consideration is yet being given.
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The Worshipful Company of Bowyers' Bowyers Charitable Trust Registered Number 270702
Report of the Trustees for the year ended 31st December 2024
Structure, Governance and Management
The Charitable Trust is an unincorporated association governed by a Trust Deed dated 16 July 1986.
The power of appointing Trustees and of removing Trustees so appointed is vested in The Society of The Mistery of Bowyers of the City of London ( The Company).
There shall not be fewer than three and not more than six Trustees of whom, three shall be the persons from time to time holding the office of Master and Wardens of The Company and who shall retire on ceasing to hold any of such offices.
Reference and Administrative details
The Trustees of The Bowyers Charitable Trust are the holders of the office of Master, Upper Warden and Renter Warden at any one time. The current Trustees are:-
Master - Sir David Wootton Upper Warden - Mark Elliott Renter Warden - William Charnley
Signed
Sir David Wootton - Master
Signed Signed Mark Elliot - Upper Warden William Charnley - Renter Warden Worshipful Co Bowyers c/o Watermen's Hall Date 20th October 2025 16-18 St Mary at Hill London EC3R 8EF
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Independent Examiner's Report to the Trustees of The Worshipful Company of Bowyers' Bowyers Charitable Trust Charity Number 270702
I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31st December 2024 , as set out on pages 4 -8.
Responsibilities and basis of report
As the charity trustees of the Trust,you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ( ' the Act ' ).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5 )(b) of the Act.
Independent examiner’s Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect :
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed
Name: Denise Balch Qualification: A.C.A. Address: 15 Towcester Rd Old Stratford Milton Keynes MK19 6AN
Date:
20th October 2025
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The Worshipful Company of Bowyers' Bowyers Charitable Trust Receipts and Payments Account (General Fund) Year ended 31st December 2024
| Receipts Donations to Fund Personal Bowyers Company Freemen Inter Livery Clay Shoot Charity Banquet proceeds Deposit account interest Income tax repayment Payments Donations (see list attached on page 6) Charity Banquet costs Bank Charges Independent Examiner's Fee Legal Fees - Trust Deed Deficit for the year Transfer from Capital Fund Balance brought forward Balance carried forward |
2024 £ 25,628 100 1,325 1,000 14,171 498 6,391 49,113 46,650 13,477 61 630 1,680 62,498 (13,385) - 40,177 26,792 |
2023 £ 23,853 100 1,350 - 13,260 446 5,890 44,899 32,650 12,440 62 600 - 45,752 (853) - 41,030 40,177 |
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The Worshipful Company of Bowyers' Bowyers Charitable Trust Receipts and Payments Account (Capital Fund) Year ended 31st December 2024
| Receipts Income Banks Investments Total Receipts Expenditure Investment management charges Surplus Gain / ( Loss ) on disposal of investments Transfer to General Fund Balance brought forward Balance carried forward |
2024 £ 25 290 315 - 315 22,918 23,233 - 23,233 116,407 139,640 |
2023 £ 18 1,848 1,866 1,200 666 (325) 341 - 341 116,066 116,407 |
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The Worshipful Company of Bowyers' Bowyers Charitable Trust Donations Year ended 31st December 2024
| 338 Squadron RAFAC Book Clubs in Schools Brentwood Sea Cadets British Blind Sports Archery Central Foundation Girls' School City of London Army Cadet Unit City Special Event Islington Food Bank Kings College, London Livery Food Initiative Lord Mayor's Appeal Mercian Regt. Benevolent Fund Sherriffs' & Recorders' Fund Sick Children's Trust Suited & Booted Centre The Lord Mayor's ABF Big Curry Lunch Treloar Trust United Guilds Service |
2024 £ 3,500 1,500 2,000 2,000 1,500 2,000 200 3,000 7,000 3,000 3,000 8,000 250 3,000 3,000 1,000 2,500 200 46,650 |
2023 £ 2,500 - 500 2,000 1,500 - 200 2,000 7,000 2,500 - 8,000 250 2,000 3,000 1,000 - 200 32,650 |
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The Worshipful Company of Bowyers' Bowyers Charitable Trust Statement of Assets and Liabilities As at 31st December 2024
| Fixed assets Investments Note Page 8 Current assets Debtors Bank accounts Broker's accounts Net current assets Net assets Represented by General Fund Capital Fund Total funds |
6,400 21,931 - |
2024 £ 138,101 28,331 166,432 26,792 139,640 166,432 |
8,585 32,931 1,753 |
2023 £ 113,315 43,269 156,584 40,177 116,407 156,584 |
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The Worshipful Company of Bowyers' Bowyers Charitable Trust Investment Schedule
Year ended 31st December 2024
| Note:- Investments Holding Number Brought Forward Align Technology Inc 14 Alphabet Inc Capital Stock 80 Amazon Com Inc 60 Apple Inc Com 44 ASML Hldgs 12 Diageo Ord 115 Edwards Lifesciences Corp Com Stock 48 Genus Ord 10p 85 Halma Ord 10p 150 International Public Partnership Ord 3,025 Intuitive Surgical 21 LionTrust Asset Management 445 Microsoft Corp 20 Moderna Inc Com 25 Nestle chf.10 65 Ninety One Fund Managers UK Global 4,250 Nvidia Corp Com Stk 20 Ocado Group 220 On the Beach Group Ord 1,000 Pacific Horizon Investment Trust Ord 850 Persimmon 240 Personal Assets Trust 1,187 Procter & Gamble 55 Schroder Oriental ord 1p 2,250 Scottish Mortgage Inv Trust 734 Shopify Inc Com NPV 60 Tencent Holdings 75 Tesla Inc 35 Unilever ord .031111p 170 Coleman Street Investments SICAV Growth |
Cost Brought Forward £ 3,331 3,938 4,460 2,911 3,887 3,443 4,033 3,422 3,388 4,019 2,990 2,222 2,944 2,371 3,124 6,944 3,142 2,768 3,032 6,512 5,225 5,927 3,037 4,563 3,965 5,080 4,040 3,954 4,643 113,315 |
Number Cost Number Bought/Split Bought Sold 14 80 60 44 12 115 48 85 150 3,025 21 445 20 25 65 4,250 20 220 1,000 850 240 1,187 55 2,250 734 - 60 75 35 170 79,735 138,101 79,375 138,101 |
Cost Proceeds Gain Number Cost Sold Loss Carried Carried Forward Forward 3,331 2,899 (432) 3,938 9,002 5,064 4,460 7,191 2,731 2,911 6,421 3,510 3,887 6,756 2,869 3,443 3,131 (312) 4,033 2,790 (1,243) 3,422 1,868 (1,554) 3,388 3,249 (139) 4,019 3,919 (100) 2,990 6,092 3,102 2,222 2,507 285 2,944 6,143 3,199 2,371 1,961 (410) 3,124 5,771 2,647 6,944 5,998 (946) 3,142 8,981 5,839 2,768 1,267 (1,501) 3,032 1,622 (1,410) 6,512 4,451 (2,061) 5,225 3,362 (1,863) 5,927 5,556 (371) 3,037 6,379 3,342 4,563 5,285 722 3,965 5,499 1,534 5,080 3,768 (1,312) 4,040 2,048 (1,992) 3,954 5,952 1,998 4,643 6,365 1,722 79,375 138,101 113,315 136,233 22,918 79,375 138,101 Value at 31 December 2023 |
Market Value 31.12.24 152,126 152,126 138,884 |
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