##
##
##
##
|`REPORTOFTHETRUSTEES`|`2-13`|
|---|---|
|`INDEPENDENTAUDITORS’REPORTTOTHEMEMBER`|`14-16`|
|`STATEMENTOFFINANCIALACTIVITIES`|`17`|
|`SUMMARYINCOMEANDEXPENDITUREACCOUNT`|`18`|
|`STATEMENTOFFINANCIALPOSITION`|`19`|
|`CASHFLOWSTATEMENT`|`20`|
|`NOTESTOTHEFINANCIALSTATEMENTS`|`21-35`|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||
|---|---|
|`GrantsCommittee:`|`Forassessmentofgrantapplicationsunderthemain`
`programmes`|
|`SmallGrantsCommittee:`|`Forassessmentofgrantapplicationsunderthesmallgrants`
`programme`|
|`ProactiveGrantsCommittee:`|`Forformulatingproposalsfornewareasofgrantmaking`
`undertheproactiveprogramme- andforassessinggrantsto`|
||`bemadeinsuchareas,oncedetermined`|
|`RegularGrantsCommittee:`|`Forassessmentofannuallyrecurringgrants`|
|`NominationsCommittee:`|`ForconsiderationofBoard,committee,andkeystaff`|
||`appointments`|
|`Finance,InvestmentandGeneralPurposes`
`Committee:`|`Forfinancialandinvestmentstrategy/managementand`
`generalmatters`|
##
##
##
##
##
##
##
##
##
##
##
##
##
||`2022`|`2021`|
|---|---|---|
||`%`|`%`|
|`UKequityunits`
`Overseasequityunits`
`Emergingmarketsunits`
`Fixedinterestunits`
`Commoditiesunits`
`Directfreeholdproperty`
`Uninvestedcash`|`31`
`28`
`9`
`3`
`-`
`27`
`2`|`33`
`34`
`8`
`5`
`2`
`17`
`1`|
||
`100`
|
`100`
|
##
##
##
##
##
##
##
##
##
##
##
##
|||`Unrestricted`
`(note14)`|`Unrestricted`
`(note14)`|`Funds`
|`RestrictedFunds`
`15,16)`|`RestrictedFunds`
`15,16)`|`RestrictedFunds`
`15,16)`|
`(notes`||`Total`|`Total`|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||`Clothworkers’`||||||||||
|||`¢`
`arity,`
`Designated`
`Proactive`
`Grangsand`||`.`
`Designated`
`Capital`
`(notetk)`|`Endowments`
`tes`
`1f,`
`1g,1h`
`OwesAhBAN)`|||`Social`
`Investment,`
`dOth`
`uoteLn)`|
`”`
|||
|||`(notes1],`||||||||||
|||`1m,1n)`||||||||||
||`Not`
`es`|`2022`||`2022`|`2022`|||`2022`||`2022`|`2021`|
|`INCOMEfrom:`||`£`||`£`||`£`||`£`||`£`|`£`|
|`Donations`|`2`|`2,724,153`||`-`|`71,943,850`|||`-`||`74,668,003`|`6,973,415`|
|`Rentalincome`||`1,573`||`-`|||`-`|`427`||`2,000`|`2,000`|
|`Investmentincome`|`3`|`4,187,950`||`-`|||`-`|`1,135,853`||`5,323,803`|`4,662,568`|
|`Depositinterestandother`
`income`||`78,433`||`-`|||`-`|`-`||`78,433`|`4,886`|
|`TotalIncome`||
`6,992,109`|
|
`-`|
`71,943,850`||
|
`1,136,280`|
|
`80,072,239`|
`11,642,869`|
|`EXPENDITUREon:`||||||||||||
|
`Raisingfunds`|
`5`|
`(10,047)`||
`(126,107)`|
`(129,947)`|
|
|
`(69,383)`||
`(335,484)`|
`(202,407)`|
|
`Charitableactivities`||||||||||||
|`Grantstocharitable`
`organisations`|`7`|`(6,177,085)`||`-`||`-`|
`(1,214,060)`|||`(7,391,145)`|`(6,985,005)`|
|
`Supportcosts`|`8`|`(960,629}`||`-`||`-`||`-`||`(960,629)`|`(800,812)`
|
|
`Costsofgrant-making`|
|
`(7,137,714)`|
|
`-`|
|
`-`|
`(1,214,060)`||
|
`(8,351,774)`|
`(7,785,817)`
|
|
`TotalExpenditure`|
|
`(7,147,761)`|
|
`(126,107)`|
`(129,947}`|
|
`(1,283,443)`||
|
`(8,687,258)`|
`(7,988,224)`
|
|`Operating(deficit)/surplus`||`(155,652)`||`(126,107)`|`71,813,903`|||`(147,163)`||`71,384,981`|`3,654,645`|
|`Transfers`|`6`|`196,409`||`-`|`(196,409)`|||`-`||`-`|`-`|
|`Gains/(losses)oninvestments:`||||||||||||
|`-realised`|`9`|`-`||`37,144`|`38,274`|||`20,437`||`95,855`|`-`|
|`-unrealised`|`9`|`-`|`(7,405,657)`||`(7,631,170)`||`(4,074,544)`|||`(19,111,371)`|`28,931,012`|
|`Net(expenditure)/income`
`Fundbalancesbrought`
`forwardat1 January`||
`40,757`
`813,854`|
`(7,494,620)`
`101,778,114`||
`64,024,598`
`104,846,836`|
|
`(4,201,270)`
`57,848,134`|||
`52,369,465`
`265,286,938`|
`32,585,657`
`232,701,281`|
|`Fundbalancescarried`
`forwardat31December`|
|
`854,611`
|
`94,283,494`
||
`168,871,434`
|
|
`53,646,864`
||
|
`317,656,403`
|
`265,286,938`
|
||`2022`|`2021`|
|---|---|---|
|`Totalincomeofcontinuingoperations`|`£`
`80,072,239`|`£`
`11,642,869`|
|`Totalexpenditureofcontinuingoperations`|`(8,605,703)`|`(7,939,605)`|
|`Totalnet(losses)/ gainsoninvestments`|`(14,250,228)`|`21,646,183`|
|`Netincomefortheyear`|
`57,216,308`
|
`25,349,447`
|
|`CompanyNo.1321952`||||`2022`||||`2021`|||
|---|---|---|---|---|---|---|---|---|---|---|
|`FIXEDASSETS`|`Notes`||`£`||`£`||`£`|||`£`|
|`Investmentsatmarketvalue:`|||||||||||
|`Listedinvestments`|`9`||||`207,923,674`||||`214,884,807`||
|`Investmentproperty`|`9`||||`77,200,000`||||`46,300,000`||
|`Uninvestedcash`|`12`||||`6,276,591`||||`1,424,574`||
|`Socialinvestments`|`10`||||
`291,400,265`
`1,511,786`||||
`262,609,381`
`1,473,250`|
|
|`CURRENTASSETS`|||||||||||
|`Debtors`|`11`|`333,378`||||`10,131`|||||
|`Cashatbankandondeposit`|`12`|`33,173,961`||||`8,356,952`|||||
|||`33,507,339`||||`8,367,083`|||||
|`CREDITORS`|||||||||||
|`afallingduewithinone`|`13`|`(8,488,987)`||||`(6,797,476)`|||||
|`NETCURRENTASSETS`|||||`25,018,352`||||`1,569,607`||
|`CREDITORS`|||||||||||
|`aea PueianierInet`|`13`||||`(274,000)`||||`(365,300)`||
|`NETASSETS`|`18`|||
|
`317,656,403`||||
`265,286,938`|
|
|`RESTRICTEDFUNDS`|||||||||||
|`PermanentEndowmentFund`|`1(f),16,18`||||`60,969,560`||||`65,816,403`||
|`ExpendableEndowmentFund`|`1(g),16,18`||||`107,553,980`||||`38,673,874`||
|`Members’EndowmentFund`|`1(h),16,18`||||`347,894`||||`356,559`||
|`SocialInvestmentFund`|`1(i),17,18`||||`1,750,041`||||`1,749,000`||
|`Otherrestrictedfunds`|`1(j),17,18`||||`51,896,823`||||`56,099,134`||
|`UNRESTRICTEDFUNDS`|||||||||||
|`DesignatedCapitalFund`|`1(k),15,18`||||`94,283,494`||||`101,778,114`||
|`Clothworkers’CharityFund`|`1(1),15,18`||||`14,889`||||`18,840`||
|`DesignatedProactiveGrantsFund`|`1(m),15,18`||||`200,000`||||`-`||
|`GeneralFund`|`1(n),15,18`||||`639,722`||||`795,014`||
|`TOTALFUNDS`|||||
`317,656,403`||||
`265,286,938`||
|||`2022`|||`2021`|
|---|---|---|---|---|---|
|`Netcashoutflowfromoperating`
`activities`|`Notes`
`14`|`£`
`£`
`(4,350,123)`|||`£`
`£`
`(5,061,816)`|
|`Cashflowsfrominvestingactivities`||||||
|`Investmentincomereceipts`||`4,987,785`||`4,480,190`||
|`Rentalandinterestincome`||`80,433`||`6,886`||
|`Purchasesofinvestments`||`(9,302,071)`||`(1,273,250)`||
|`Salesofinvestments`||`14,308,893`||||
|`Netcashinflowfrominvesting`
`activities`||`10,075,040`|||`3,213,826`|
|`Cashflowsfromfinancingactivities`||||||
|`Endowmentdonationsreceived`||`23,944,109`||`4,112,818`||
|`Increaseincashawaitinginvestment`||`(4,852,017)`||`(1,361,405)`||
|`Netcashinflowfromfinancing`
`activities`||`19,092,092`|||`2,751,413`|
|`Increaseincashand`
`cashequivalents`||`24,817,009`|||`903,423`|
||||||`Se`|
||`ANALYSISOFCHANGESINCASHANDCASHEQUIVALENTS`||||`DURINGTHEYEAR`|
|||`Managed`
`£`|`=`|
`Cashat`
`£`|`Total`
`£`|
|`At1 January2021`||`942,252`||`6,511,277`|`7,453,529`|
|`Netcash(outflow)/inflow`||`2,758,424`||`(1,855,001)`|`903,423`|
|`At31December2021`||
`3,700,676`||
`4,656,276`|
`8,356,952`|
|`Netcashinflow/(outflow)`||`2,790,801`||`22,026,208`|`24,817,009`|
|`At31December2022`||
`6,491,477`
|
|
`26,682,484`
|
`33,173,961`
|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||`UnrestrictedFunds`||`Restricted`|`Funds`|||
|---|---|---|---|---|---|---|
||`General`
`“Ghani`
`Pena`|`,`
|`Members’`
`Endowment`
`Fund`|`Expendable`
`Endowment`
`Fund`|`TOTAL`|`TOTAL`|
||`2022`
`2022`||`2022`|`2022`|`2022`|`2021`|
|`TheClothworkers’`
`Company`|`£`
`£`
`2,493,559`
`98,797`|
|`£`
`9,206...`|`£`
`£`
`..71,925,438.....74,487,000---`||`£`
`~-6,794,000`|
|`RamteazleLimited`|`113,000`
`-`||`-`|`-`|`113,000`|`106,000`|
|`Memberdonations`
`Otherdonations`|`-`
`58,797`
`-`
`-`|
|`9,206`
`-`|`-`
`-`|`68,003`
`-`|`64,415`
`9,000`|
||
`2,606,559`
`117,594`
|
|
`18,412`
|
`71,925,438`
|
`74,668,003`
|
`6,973,415`
|
##
##
||`2022`|`2021`|
|---|---|---|
||`£`||
|`Withinoneyear`
`Betweentwoandfiveyears`
`Afterfiveyears`|`806,000`
`3,223,000`
`28,140,000`|`2,000`
`8,000`
`1,000`|
||
`32,169,000`
|
`11,000`
|
##
##
##
##
||`2022`|`2021`|
|---|---|---|
||`£`|`£`|
|`Proactiveprogrammes:`|||
|`BetterFutures`|`50,000`|`-`|
|`CareLeavers`|`250,000`|`-`|
|`AlcoholandSubstanceMisuse`|`300,000`
`206,100`|`-`
`125,032`|
|`DomesticandSexualAbuse`|`427,150`|`810,959`|
|`Homelessness`|`381,300`|`694,310`|
|`MinorityCommunities`|`1,595,980`|`1,064,514`|
|`OlderPeople`|`514,310`|`282,893`|
|`PeoplewithDisabilities`|`1,585,000`|`1,540,892`|
|`PrisonersandEx-Offenders`|`69,000`|`157,861`|
|`VisualImpairment`|`112,400`|`268,923`|
|`YoungPeople`|`2,031,300`|`1,735,078`|
|`Other`
`Totalgrantcommitments`|
`268,520`
`7,491,060`|
`426,133`
`7,106,595`|
|`Returned/cancelledgrants`|`(99,915)`|`(121,590)`|
|`Totalgrants`|
`7,391,145`
|
`6,985,005`
|
||`2022`|`2021`|
|---|---|---|
|`AdministrativeservicesprovidedbyRamteazleLtd:`|`£`|`£`|
|`Staffcosts`
`Othercosts`|`618,747`
`286,253`|`502,731`
`262,269`|
|`Directcosts:`|
`905,000`|
`765,000`|
|`Auditors’remuneration- auditservices`|`13,750`|`8,925`|
|`-non-auditservices`
`Trustees’expenses`
`Othergovernancecosts`
`Othersupportcosts`|`-`
`-`
`13,090`
`28,789`|`2,480`
`-`
`11,600`
`12,807`|
||
`960,629`
|
`800,812`
|
||`2022`|`2021`|
|---|---|---|
|`Listedinvestments`|`£`|`£`|
|`Carryingvalueat1 January`
`Add:Acquisitionsatcost`
`Less:disposalsatcarryingvalue(proceeds:£14,303,179)`
`Net(loss)/ gainonrevaluationat31December`|`214,884,807`
`23,992,562`
`(14,207,324)`
`(16,746,371)`|`188,253,796`
`-`
`-`
`26,631,011`|
|
`Marketvalueat31December`|
`207,923,674`|
`214,884,807`|
|`Investmentproperty`|||
|`Carryingvalueat1 January`
`Add:Acquisitionsatcost`
`Net(loss)/ gainonrevaluationat31December`|`46,300,000`
`33,265,000`
`(2,365,000)`|`44,000,000`
`-`
`2,300,000`|
|
`Marketvalueat31December`|
`77,200,000`|
`46,300,000`|
|
`Cashtobeinvested`|
`6,276,591`|
`1,424,574`|
|
`TotalInvestmentsatMarketValue`
|
`291,400,265`
|
`262,609,381`
|
##
||`2022`|`2021`|
|---|---|---|
||`£`|`£`|
|`Accruedincomeandprepayments`
`Otherdebtors`|`535`
`332,843`|`500`
`9,631`|
||
`333,378`
|
`10,131`
|
##
##
|`Amountsfallingduewithinoneyear`|`2022`
`£`|`2021`
`£`|
|---|---|---|
|`Grantscommitmentsunpaid`
`Otheraccruals`
`Rentreceivableinadvance`
`Othercreditors`
`Amountsfallingdueaftermorethanoneyear`|
`6,689,726`
`28,250`
`314,712`
`1,456,299`
`8,488,987`|
`5,864,795`
`30,585`
`500`
`901,596`
`6,797,476`|
|`Grantscommitmentsunpaid`|
`274,000`|
`365,300`|
##
|`Operatingsurplus`
`Investmentandpropertymanagementexpenses`
`Donationsreceivedintoendowedfunds`
`Investmentincomereceivable`
|
`2022`
`£`
`71,384,981`
`335,484`
`(71,943,850)`
`-(5;323;803)--—~---—~`|`2021`
`£`
`3,654,645`
`182,379`
`(4,112,818)`
|
|---|---|---|
|
`Rentalincomereceivable`
`Interestreceivable`
`(Increase)/decreaseindebtors`
`Increase/(decrease)increditors`
`Netcashoutflowfromoperatingactivities`|
`(2,000)`
`(78,433)`
`(8,501)`
`1,285,999`
`(4,350,123)`
|
`(2,000)`
`(4,886)`
`2,640`
`(119,208)`
`(5,061,816)`
|
##
||`GeneralFund`|`ChavieyPana`|`Designated`
`crawenctive`|`capitalFund`|`Total`|
|---|---|---|---|---|---|
|`Balanceat1 January2021`
`Donations(seenote2)`
`Rentalincome`
`Investmentincome`
`Depositinterestandother`
`income`
`Costsofgeneratingfunds`
`Supportcosts`
`Grantstocharitableorganisations`
`TransferfromExpendable`|`£`
`1,096,435`
`2,751,503`
`1,569`
`3,658,251`
`4,886`
`(8,326)`
`(800,812)`
`(5,995,005)`|`£`
`29,682`
`109,094`
`3`
`6,061`
`.`
`-`
`-`
`(126,000)`|`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`£`
`90,550,204`
`-`
`-`
`-`
`.`
`(75,436)`
`-`
`-`|`£`
`91,676,321`
`2,860,597`
`1,572`
`3,664,312`
`4,886`
`(83,762)`
`(800,812)`
`(6,121,005)`|
|`EndowmentFund`|`886,513`|`.`|`-`|`-`|`886,513`|
|`TransferfromGeneralFund`
`ReverseloansfromExpendable`
`EndowmentFund`|`(800,000)`|`-`
`-`|`800,000`
`(1,471,820)`|`-`
`-`|`-`
`(4,471,820)`|
|
`TransferfromExpendable`
`EndowmentFund`
`Realisedgainsoninvestments`
`Unrealisedgainsoninvestments`
`Balanceat31December2021`
`Donations(seenote2)`
`Rentalincome`
`Investmentincome`
`Depositinterestandother`
`income`|
`7`
`-`
`-`
`795,014`
`2,606,559`
`1,570`
`4,180,498`
`78,433`|
`.`
`-`
`-`
`18,840`
`117,594`
`3`
`7,452`
`.`|
`671,820`
`’`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|
`.`
`-`
`11,303,346`
`101,778,114`
`-`
`-`
`-`|
`671,820`
`,`
`-`
`11,303,346`
`102,591,968`
`2,724,153`
`1,573`
`4,187,950`
`78,433`|
|`Costsofgeneratingfunds`
`Supportcosts`
`Grantstocharitableorganisations`
`TransferfromExpendable`
`EndowmentFund`
`TransferfromGeneralFund`
`ReverseloansfromExpendable`
`EndowmentFund`|`(10,047)`
`(960,629)`
`(5,748,085)`
`196,409`
`’`
`(500,000)`
`.`|`-`
`-`
`(129,000)`
`.`
`-`
`.`|`-`
`-`
`(300,000)`
`500,000`
`;`|`(126,107)`
`-`
`-`
`.`
`-`
`;`|`(136,154)`
`(960,629)`
`(6,177,085)`
`196,409`
`,`
`-`
`.`|
|`TransferfromExpendable`
`EndowmentFund`|`.`||`7`|`;`|`;`|
|
`Realisedgainsoninvestments`
`Unrealisedgainsoninvestments`|
`-`
`a`
`-`|
`-`
`:`|
`-`
`:`|
`37,144`
`37,144`
`-(7,405,657)...--(7,405,657)——-`||
|
`Balanceat31December2022`|
`639,722`|
`14,889`|
`200,000`|
`94,283,494.`|
`95,138,105`|
|`GeneralFund `||||||
##
##
##
##
##
|
`Permanent`
`Expendable`
`femanent `
`endowment- `
`Members’`
`endowment`
`encowmen`
`i`
`Margaret`
`endowment`
`genera`
`Holligrave`
`£`
`E`
`£`
`£`
`Balanceat1 January2021`
`31,583,646`
`48,952,491`
`9,627,702`
`299,462`
`Donations(seenote2)`
`4,093,081`
`-`
`-`
`19,737`
`RepayloansfromDesignated`
`.`
`.`
`.`
`ProactiveGrantsFund`
`1,471,820`
`TransfertoDesignatedProactive`
`GrantsFund`
`(671,820)`
`TransfertoGeneralFund`
`(886,513)`
`-`
`-`
`-`
`TransfertoSocialInvestment`
`Fund`
`(1,000,000)`
`Costsofgeneratingfunds`
`(27,436)`
`(40,625)`
`(7,994)`
`(251)`
`Realisedlossesoninvestments`
`-`
`-`
`-`
`-`
`Unrealisedgainsoninvestments`
`4,111,096`
`6,087,085`
`1,197,744`
`37,611`
`Balanceat31December2021`
`38,673,874`
`54,998,951`
`10,817,452`
`356,559`
`Donations(seenote2)`
`71,925,438`
`-`
`-`
`18,412`
`RepayloansfromDesignated`
`-`
`.`
`7`
`;`
`ProactiveGrantsFund`|
`Total`
`°`
`£`
`90,463,301`
`4,112,818`
`1,471,820`
`(671,820)`
`(886,513)`
`(1,000,000)`
`(76,306)`
`-`
`11,433,536`
`104,846,836`
`71,943,850`
`;`|
|---|---|
|`TransfertoDesignatedProactive`
`.`
`.`
`.`
`;`
`GrantsFund`|`;`|
|`TransfertoGeneralFund`
`(196,409)`
`-`
`-`
`-`
`TransfertoSocialInvestment`
`.`
`-`
`.`
`7`
`Fund`|`(196,409)`|
|
`Costsofgeneratingfunds`
`(47,937)`
`(68,147}`
`(13,408)`
`(455)`
`Realisedlossesoninvestments`
`14,119`
`20,072`
`3,949`
`134`
`Unrealisedgainsoninvestments`
`(2,815,105)`
`(4,001,921)`
`(787,388)`
`(26,756)`
`Balanceat31December2022`
`497,553,980`
`50,948,955`
`10,020,605`
`347,894.`
|
`(129,947)`
`38,274`
`(7,631,170)`
`168,871,434`
|
|`PermanentEndowmentFund`||
|`ThisFundincludesthecapitalportionoftheCharityofMargaretHolligravewhichwastransferred`
`totheFoundationbya SchemeoftheCharityCommissiondated9 March2004;thevalueofthe`
`capitalportionoftheCharityatthatdatewas£3,943,763.At31December2022,theportionofthe`
`FundrepresentingthecapitaloftheCharitywasvaluedat£10,020,605(2021:£10,817,452).The`
`Schemepermittedincomearisingfromtheendowmentto_be.distributed.for-such..charitable——-————-—-—-~-`
`purposesastheFoundationshalldetermine.AllincomearisingiscreditedtotheGeneralFund.`||
##
##
##
##
|`Balanceat1 January2021`
`Rentalincome`
`Investmentincome`
`TransferfromExpendable`
`EndowmentFund`|`Social`
`Investment`
`£`
`750,000`
`-`
`-`
`1,000,000`|`Education`
`£`
`9,934,573`
`85`
`199,092`
`-`|`Reliefin`
`Need`
`£`
`28,102,008`
`242`
`563,238`
`-`|`Welfareof`
`theBlind`
`£`
`11,775,078`
`101`
`235,926`
`-`|`Total`
`£`
`50,561,659`
`428`
`998,256`
`1,000,000`|
|---|---|---|---|---|---|
|`Costsofgeneratingfunds`
`Grantstocharitableorganisations`|`(1,000)`
`-`|`(8,245)`
`(179,000)`|`(23,324)`
`(486,100)`|`(9,770)`
`(198,900)`|`(42,339)`
`(864,000)`|
|`Rentalincome`
`Investmentincome`
`TransferfromExpendable`
`Unrealisedgainsoninvestments`
`Balanceat31December2021`|
`-`
`1,749,000`
`-`
`1,041`|
`1,235,354`
`11,181,859`
`85.`
`226,217`|
`3,494,867`
`31,650,931`
`241`
`640,328`|
`1,463,909`
`13,266,344`
`101`
`268,267`|
`6,194,130`
`57,848,134`
`427`
`1,135,853`|
|`EndowmentFund`||||||
|`Costsofgeneratingfunds`
`Grantstocharitableorganisations`
`Realisedlossesoninvestments`
`Unrealisedgainsoninvestments`|
`-`
`-`
`-`
`~-——-—-(8`|`(13,831)`
`(240,000)`
`4,074`
`42,233)`|`(39,150)`
`(679,660)`
`11,532`
`—-—-(2;299,098}-`|`(16,402)`
`(294,400)`
`4,831`
`—--—-963,213)`|`(69,383)`
`(1,214,060)`
`20,437`
`(Ho7as4ay`|
|
`Balanceat31December2022`|
`1,750,041`
|`10,346,171`
|`29,285,124`
|`12,265,528`
|`53,646,864`
|
##
##
##
##
##
##
||`.`
`Unrestrictedfunds`|`.`
`Unrestrictedfunds`||`Endowment`
`funds`|`Other`
`restricted`
`funds`|`TotalFunds`|
|---|---|---|---|---|---|---|
|||||
`(seenote15}`|
`—_(seenote16)`|
`2022`|
||
`General`|
`Designated`
`Capital`|
`Other`||||
|
`Listedinvestments`|
`£.`|
`£`|
`£`|
`al`|
`£`|
`£`|
|
`andfreehold`
`property`|
`-`|
`94,283,494`|
`-`|
`138,994,585`|
`51,845,595`|
`285,123,674`|
|`Fixedassetcash`
`Socialinvestments`
`atcost`|`-`
`-`|`-`
`-`|`-`
`-`|`6,276,591`
`-`|`-`
`1,511,786`|`6,276,591`
`1,511,786`|
|`Currentassets`
`Currentliabilities`
`Longtermcreditors`|`8,488,809`
`(7,575,087)`
`(274,000)`|`-`
`-`
`-`|`214,889`
`-`
`-`|`23,600,258`
`-`
`-`|`1,203,383`
`(913,900)`
`-`|`33,507,339`
`(8,488,987)`
`(274,000)`|
||
`639,722`
|
`94,283,494`
|
`214,889`
|
`168,871,434`
|
`53,646,864`
|
`317,656,403`
|
##
||`2022`|`2021`|
|---|---|---|
|`Amountsreceived/(paid)`|`£`|`£`|
|`Donations:`|||
|`TheClothworkers'Company`
`RamteazleLimited`
`Administrativeservicecharges:`|`74,487,000`
`113,000`|`6,794,000`
`106,000`|
|`RamteazleLimited`|`(905,000)`|`(765,000)`|
|`Debtors/(creditors)`|||
|`TheClothworkers’Company`
`RamteazleLimited`|`312,694`
`(1,454,778)`|`(1,518)`
`(900,077)`|
##
|||`Unrestricted`
`(note14)`|`Unrestricted`
`(note14)`|`Funds`
|`RestrictedFunds`
`(notes15,16)`|`RestrictedFunds`
`(notes15,16)`|`RestrictedFunds`
`(notes15,16)`|`Total`|
|---|---|---|---|---|---|---|---|---|
|||`Clothworkers’`|||||||
|||`Charity; `
`Designated`
`Proactive`
`Grants,and`||`.`
`Designated`
`Capital`
`(note1k)`|`Endowments`
`(notes1f,`
`1g,1h)`||`Social`
`Investment,`
`andOther`
`(note`
`1i,1))`|
|
|||`(notes11,`|||||||
|||`1m,in)`|||||||
||`Notes`||||||||
|||`2021`||`2021`|`2021`||`2021`|
`2021`|
|`INCOMEfrom:`||`£`||`£`||`£`|`£`|`£`|
|`Donations`|`2`|`2,860,597`||`-`|`4,112,818`||`-`|`6,973,415`|
|`Rentalincome`||`1,572`||`-`||`-`|`428`|`2,000`|
|`Investmentincome`
`Depositinterestandother`
`income`|`3`|`3,664,312`
`4,886`||`-`
`-`||`-`
`7`|`998,256`
`;`|`4,662,568`
`4,886`|
|`TotalIncome`||
`6,531,367`|
|
`-`|
`4,112,818`|
|
`998,684`|
`11,642,869`|
|`EXPENDITUREon:`|||||||||
|`Raisingfunds`|`4`|`(8,326)`||`(75,436)`|`(76,306)`||`(42,339)`|`(202,407)`|
|
`Charitableactivities`|||||||||
|`Grantstocharitable`
`organisations`|`6`|`(6,121,005)`||`-`|`-`||`(864,000)`|`aoeancy`
`(6,985,005)`|
|
`Supportcosts`|`7`|`(800,812)`||`-`|`-`||`-`|`(800,812)`|
|
`Costsofgrant-making`|
|
`(6,921,817)`|
|
`-`|
`-`|
|
`(864,000)`|
`(7,785,817)`|
|
`TotalExpenditure`|
|
`(6,930,143)`
|
|
`(75,436)`
|
`(76,306)`
|
|
`(906,339)`
|
`(7,988,224)`
|
|`Operating(deficit)/surplus`||`(398,776)`
|`(75,436)`
||`4,036,512`
||`92,345`
|`3,654,645`
|
|
`Transfers`|
`5...`|`~~-86,513—---—-----~----(1086513)`||||`~~~-1,000;000---—`
|||
|`Gains/(losses)oninvestments:`|||||||||
|`-realised`|`8`|`-`||`-`|`-`||`-`|`-`|
|`-unrealised`|`8`|`-`|`11,303,346`||`11,433,536`||`6,194,130`|`28,931,012`|
|`Net(expenditure)/income`
`Fundbalancesbrought`
`forwardat1 January`
`Fundbalancescarried`
`forwardat31December`|
|`(312,263)`
`1,126,117`
`813,854`
|`11,227,910`
`90,550,204`
`101,778,114`
||`14,383,535`
`90,463,301`
`104,846,836`
|
|`7,286,475`
`50,561,659`
`57,848,134`
|`32,585,657`
`232,701,281`
`265,286,938`
|