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2023-09-30-accounts

Donations during the year during the year
During the year the trustees awarded
grants as follows:
From restricted funds:
f
1,000 Sir Ian Dixon CIOB Scholarship
2021
7,500 Sir Ian Dixon CIOB Scholarship
2022
3,500 2022 Climate Action Scholarships
12,000
From designated
funds:
f Beneficiary
City of London
1,000 City and Guilds
1,000 Sheriff and Recorders Fund
1,000 Lord Mayor's
Appeal
1,000 Mansion
House Scholarship		 Scheme
5,000 St Lawerence
Jewry Church		 Preservation Fund
Education
and Training/Scholarships
5,000 Building
Heroes
5,000 ICE Teambuild
Prize
1,000 Tong Cup
1,500 Constructors
Prize
Armed Forces
1,000 Shafting
and Shoring
1,000 Air Cdr Trophy
1,000 HMS Lancaster
8,624 41 Company
Cadet SW London		 AFC
Other
5,000 Syria Appeal
5,000 Ukraine
Appeal
500 Member Suggestions
43,624

Unrestricted Designated Restricted Total Total
funds funds funds 2023 2022
Note f f f f f
Income from:
Donations,
gifts and gifts		 in kind 45,700 2,850 48,550 45,457
Investment
income		 21,340 21,340 18,888
Total Income 21,340 45,700 2,850 69,890 64,345
Expenditure
on
Investment
management		 fees (8,809) (8,809) (8,656)
Grants (43,624) (12,000) (55,624) (42,250)
Audit fee (8,520) (8,520)
Other costs (1,812) (1,812) (2,273)
Total expenditure (19,141) (43,624) (12,000) (74,765) (53,179)
(Loss) / Gains on investment 40,545 40,545 (111,670)
assets
Net income / (expenditure) before 42,744 2,076 (9,150) 35,670 (100,504)
transfers
Transfers
between		 funds 2,076 (2,076)
Net income / (expenditure) for the 44,820 (9,150) 35,670 (100,504)
year
Reconciliation
of		 funds:
Funds at beginning ofthe year 889,764 69,348 959,112 1,059,616
Funds at the end ofthe year 934,584 60,198 994,782 959,112

AS AT 30 SE PTEMB ER 2023
Notes 2023f 2022
Fixed Assets
Investments 949,039 917,287
Current Assets
Debtors 10,053 11,608
Cash at bank and in hand 43,383 41,634
53,436 53,242
Creditors: amounts due within one (7,693) (11,417)
year
Net current assets/(liabilities) 45,743 41,825
Total assets 994,782 959,112
Funds ofthe charity:
Restricted 60,198 69,348
Unrestricted
Designated 10
General 10 934,584 889,764
994,782 959,112

2 Investm ent
income
Total Total
2023f 2022
Income from listed investments 20,986 18,870
Interest receivable 354 18
21,340 18,888
3 Grants payable
Grants to Grants to Total
Institutions
E		 Individualsf
2023 47,124 8,500 55,624
2022 32,500 9,750 42,250

xed asset inve stment s
2023f 2022
E
Market value brought forward 917,287 1,038,046
Capital
invested
Management fees paid (8,793) (9,089)
Transfer to income / cash balance
Net gain (loss) on revaluation 40,545 (11'l, 670)
Market value carried forward 949,039 917,287
Geographic
analysis		 of investments:
UK Fixed interest 137,904 72,356
UK Equities 173,704 193,760
UK Unit Trusts 38,746 58,078
UK Cash 42,102 75,665
Overseas
Unit		 Trusts 118,024 153,116
Europe
North America		 61,538
263,495		 43,383
202,106
Asia 57,629 62,602
Japan
Commodities		 25,391
18,816		 23,937
18,710
Other 11,690 13,574
949,039 917,287
No individual investment holding comprised more than 5% of the market value of investments at 30
September
2023 and		 30September 2022.
Debtors
2023 2022f
Other debtors 6,984 8,393
Bank balances held by investment adviser 3,069 3,215
10,053 11,608
Creditors
2023 2022
E E
Other creditors 1,500 5,600
Accruals 6,193 5,817
7,693

which was created for th which was created for th e excess donation s
raised
in		 respect ofthe "no strings attac hed" appeal .
Current year: Balance Movement in Funds Balance
1.10.22 Income Expenditure Gains/(Loss) Transfers 30.9.23
Sir lan Dixon Fund 63,057 (8,500) 54,557
Scholarship fund 6,291 2,850 (3,500) 5,641
69,348 2,850 (12,000) 60,198
Prioryear: Balance Movement in Funds Balance
1.10.21 Income Expenditure Gains/(Loss) Transfers 30.9.22
Sir lan Dixon Fund 77,173 'I,510 (6,692) (8,934) 63,057
Scholarship Fund 6,29'1 6,291
83,464 1,510 (6,692) (8,934) 69,348

Current year: Current year: Balance Movement in Funds Funds Balance
1.10.22 Income Expenditure Gains/(Loss) Transfers 30.9.23
Designated funds
Donations and awards 45,700 (43,624) (2,076)
General funds 889,764 21,340 (19,141) 40,545 2,076 934,584
Total Funds 889,764 67,040 (62,765) 40,545 934,584
Prioryear: Balance Movement in Funds Balance
1.10.21 Income Expenditure Gains Transfers 30.9.22
Designated funds
Donations and awards 45,457 (36,312) (9,145)
General funds 976,152 17,378 (10,175) (102,736) (9,145) 889,764
Total Funds 976,152 62,835 (46,487) (102,736) 889,764

11 Analysis of net assets bet Analysis of net assets bet Analysis of net assets bet w een
fun		 ds
At 30 September 2023 Unrestricted
fundsf		 Designate
fund
d
s
E		 Restricted
funds
f		 Total
2023
f
Investments 887,841 61,198 949,039
Current assets 53,436 53,436
Creditors: amounts falling due within one year (6,693) (1,000) (7,693)
934,584 60,198 994,782
At 30September 2022 Unrestricted
funds		 Designated
funds		 Restricted
fundsf		 Total
2022
Investments 846,439 70,848 917,287
Current assets 53,242 53,242
Creditors: amounts falling due within one year (9,917) (1,500) (11,417)
889,764 69,348 959,112
12 Prior year income and expenditure by fund
Unrestricted Designated Restricted Total
fundsf funds
f		 funds
f		 2022
Income from:
Donations,
gifts and gifts
Investment
income		 in kind 17,378 45,457 1,510 45,457
18,888
Total Income 17,378 45,457 1,510 64,345
Expenditure
on:
Investment
management		 fees (7,964) (692) (8,656)
Grants (36,250) (6,000) (42,250)
Other costs (2,211) (62) (2,273)
Total expenditure (10,175) (36,312) (6,692) (53,179)
Loss on investment assets (102,736) (8,934) (111,670)
Net income (expenditure) before transfers (95,533) 9,145 (14,116) (100,504)
Transfers
between		 funds 9,145 (9,145)
Net income (expenditure) for the year (86,388) (14,116) (100,504)
Reconciliation
of		 funds:
Funds at beginning ofthe year 976,152 83,464 1,059,616
Funds at the end ofthe year 889,764 69,348 959,112