|CONTENTS|||Page|
|---|---|---|---|
|Legal and administrative||details||
|Trustee's
report||||
|Independent
auditors'|report|||
|Statement of Financial||Activities|12|
|Balance Sheet|||13|
|Cash Flow statement|||14|
|Notes to the Accounts|||16|
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##
|he charitabl
elow.|e
objects of|the four foundations
linked
to The|Haberdashe|rs'
Foundation
a|re provided|
|---|---|---|---|---|---|
|Foundation||Charitable ob'ects||||
|The Haberdashers'||The
Foundation's
income
may|be used|for
any
charitable|purpose|
|Foundation||anywhere
in the world.||||
|The Haberdashers'||The Foundation
was created
in|2002, with|the
purpose
of|advancing|
|Educational|Foundation|education.
There
are
14 separate
charitable
funds
linked
to
the||||
|||Foundation.
Further details ofthe|purposes ofthese funds are provided
in|||
|||note 11to the accounts.||||
|The Haberdashers'||The object ofthe Foundation
is to|further the|religious and other|charitable|
|Christian
Foundation||work of the Church of England,
particularly||in relation
to the Company's||
|||eight church patronages.||||
|The Haberdashers'||The primary
object of the Foundation
is the||relief of persons|who are
in|
|Benevolent|Foundation|need, hardship
or distress
with the
poverty
relief. In the Foundation's|majority ofgrants awarded
restricted to
governing
scheme
up to 4'k of income|||
|||may be used to help persons
in need to set up in business
and up to 19'/o
of income
may
be used
for any
charitable
purposes
at the Trustee's||||
|||discretion.||||
##
##
|ACTIVITIES|ACTIVITIES|IN THE YEAR||
|---|---|---|---|
|Foundation|||Activities
in the
ear|
|The Haberdashers'|||Efforts
continue
to increase
both
numbers
of donors
and
levels
of|
|Foundation|||commitment.
The work being supported
is regularly
publicised to members|
||||in offline and digital publications
and at Company
events.|
|The Haberdashers'|||As Patron
of eight
Church
of England
livings,
the
Foundation
makes|
|Christian|Foundation||regular
grants to the parishes
concerned.
Funds
totalling
E16,000 were|
||||directed to the eight parishes concerned
in 2022/23.|
||||Cost of Living
upliR grants
of E1,000 were
awarded
to each
parish
in|
||||addition
to their annual
grant.|
||||To develop
a close relationship
with the livings, a Company
member
is|
||||appointed as contact for each parish and the Charities Committee
receives|
||||a report from one of the parishes
at each meeting.
The incumbents
are|
||||invited
to the Golden
Lecture each year, through
which
the Foundation|
||||aims
to give
well-qualified
speakers
the
opportunity
of addressing
an|
||||audience
on subjects of topical interest with a Christian
theme. The 2023|
||||Lecture was held atSt Bartholomew's
the Less, and delivered
by the Right|
||||Revd Rose Hudson-Wilkin,
Bishop of Dover. The incumbents
also meet|
||||regularly;
the
meetings
are
chaired
by
a member
of the
Charities|
||||Coinmittee.|
|The Haberdashers'|||The
Foundation
aims
to
help
the
more
vulnerable
and
marginalised|
|Benevolent||Foundation|members
of society,
including
the unemployed,
the homeless,
prisoners|
||||or ex-offenders
and
those
excluded
or disadvantaged
by
virtue
of|
||||disability,
illness
or financial
hardship.
There
is a strong
emphasis
on|
||||education
and training
(particularly
as a means to employment)
as well as|
||||welfare.
In general,
the Foundation
supports
charities
that are located
in|
||||the vicinity of our schools and church
patronages,
as well as the City of|
||||London.
Most ofthe Foundation's
grants are to charities whose work fits|
||||within specific focus. The focus areas are reviewed
regularly
with the last|
||||such review
having
taken
place
in February 2019as part of the strategy|
||||review. The Charities
strategic
review that took place
in March 2023 will|
||||come
into effect from
1 July 2023 and
be reported
on
in the 2023/24|
||||accounts.|
||||The Foundation
has supported
a wide range of charities
during
the year|
||||and endeavours
to maintain
close links with charities to which
it has given|
||||more substantial
funding
or has a long history ofsupport.|
||||The three major grants awarded
in 2022/23 were:|
||||~
F50,000 to XLP, to support
their Exclusion
Reduction
Programme,|
||||Literacy and Numeracy
Tutoring.|
||||~
f50,000 to Construction
Youth Trust,
to fund their targeted
support|
||||for excluded
young people who are NEET.|
||||~
675,000to the Childhood
Trust, part ofa matched
funding
programme|
||||to support food poverty
projects
in Lewisham,
Southwark
and Bexley.|
||||Cost of Living
uplift grants
were awarded
to all Small
Grant and
Major|
||||Grant holders.|
##
|Foundation|Activities
in the
ear|Activities
in the
ear|||
|---|---|---|---|---|
||Further
awards
were made to charities
whose
work aligns
itself||to|the|
||Haberdashers'
ancient arb||||
||~|A grant ofE27,000 to the Royal College of Art for the Royal College|||
|||ofArt/Haberdashers'
Textile Scholarship.|||
||~|Agrant ofF17,000was made toCockpit Arts, acharity providing|space||
|||and business
support to designer
makers,
for textile awards.|||
||~|A grant ofE12,500 was made to The Royal School of Needlework||for|
|||the Future Tutors programme
and Haberdasher
prizes for embroidery|||
|||and embellishment.|||
||~|A grant of E11,550 was made to London
College of Fashion|for|the|
|||Haberdashers'/LCF
Fashion Scholarship|||
||The|Trustee supports a number of initiatives that help young people|to start||
||their|own businesses
including:|||
||~|A grant ofE12,000 to the University
of East London which funds||the|
|||Haberdashers'
Entrepreneurs
Awards.|||
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|pending
are set out bel|pending
are set out bel|ow:|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Foundation||Free|Reserves policy||||||||||||
|||reserves at|||||||||||||
|||year endf|||||||||||||
|The|Haberdashers'|309,236|To retain|sufficient|unrestricted|||reserves||||which together||with|
|Foundation|||the expendable
endowment|||||covers||one year's
anticipated|||||
||||financial|commitment
on|||new|projects.||||The current|reserves||
||||meet this|target.|||||||||||
|The|Haberdashers'|751,778|The Trustee's
reserves|||policy||is|to|retain free reserves||||fund|
|Educational|||by
fund,|varying|from|zero||up|to|one year's
expenditure|||||
|Foundation|||depending|on
whether|||grants||are|||awarded
singly||or,|
||||conditionally,
over||longer||periods.||The||current reserves|||meet|
||||this target.||||||||||||
|The|Haberdashers'|96,352|The Trustee's
reserve|||policy||is|to|retain
sufficient|||general||
|Christian
Foundation|||reserves|to cover|annual||payments.||||The current||reserves||
||||meet this|target.|||||||||||
|The|Haberdashers'|185,344|Reserves|fell below the Trustee's|||||policy|||of retaining|sufficient||
|Benevolent|||restricted|funds to|cover||grants payable|||||in the following||year.|
|Foundation|||Expenditure
has||been||adjusted|||going
forward|||to|allow|
||||reserves|to recover over|||time.||||||||
|Total|free reserves|1 342710|||||||||||||
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|||||||Unrestricted|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||General|Restricted|Endowment|Total|Total|
|||||||Fund|Funds|Funds|2023|2022|
||||||Note||K|6|K|6|
|Income and endowments|||from:||||||||
|Donations
and legacies||||||130,272|65,522|200,045|395,839|223,210|
|Investment
income|from:||||||||||
|Haberdashers'
Charities|||Investment|Pool||||883,571|883,571|883,104|
|Other investment|income||||||16,843||16,843|16,788|
|Interest receivable||||||11,402|34,951|8,450|54,803|40,859|
|||||||141674|117,316|1692,1166|1,351,956|1,163951|
|Expenditure
on:|||||||||||
|Raising funds|||||||||||
|Fundraising
costs||||||||||12,602|
|Charitable
activities|||||||||||
|Education
&training||||||5,383|690,326||695,709|809,377|
|Welfare||||||3,848|252,770||256,618|348,724|
|Christianity
8 the|Church||||||37,105||37,105|38,534|
|Healthcare||||||||||2,232|
||||||2|9,231|980,201||989,432|1,211,469|
|Net gains/(losses)|on|investments|||5|30,661|114,727|792,977|647,589|3009021|
|Net (expenditure)|Iincome|||||101,782|(977,612)|1,885,043|1,009,213|(3,056,529)|
|Transfers
between|funds||||6,11|26,640|865,380|892 020|||
|Net movement
in funds||||||128,422|(112,232)|993,023|1,009,213|(3,056,529)|
|Reconciliation
ofFunds:|||||||||||
|Fund balances
brought||forward||||180,814|1,403,202|36,878,791|38,462,807|41,519,336|
|Fund balances carried||forward|||10|309,236|1,290,970|37,871,814|39,472,020|38,462,807|
##
||||2023|2022|
|---|---|---|---|---|
|||Note||E|
|Fixed assets|||||
|Tangible assets|||67,187|67,187|
|Investments|||38,699,258|37,851,623|
||||38,766,448|37818 816|
|Current assets|||||
|Debtors|||86,542|69,209|
|Investments|||277,800|277,800|
|Cash at bank and in|hand||706,467|633,923|
||||1,070,809|980,932|
|Liabilities|||||
|Creditors: Amounts|falling due within one year||(248,484)|(332,685)|
|Net current assets|||822,325|648,247|
|Total assets less current liabilities|||39,588,770|38,567,057|
|Creditors: Amounts|falling due after more than one||||
|year|||(116,750)|(104,250)|
|Total net assets|||39,472,020|38,462,807|
|The Funds ofthe Foundation:|||||
|Endowment
funds||10|37,871,814|36,878,791|
|Restricted funds||10|1,290,970|1,403,202|
|Unrestdcted
general|fund|10|309,236|180,814|
|Total funds|||39,472,020|38,462,807|
##
##
||||||2023|2023|2022|2022|
|---|---|---|---|---|---|---|---|---|
||||||K|E|E|E|
|Net cash used in operating||activities||||(882,673)||(880,710)|
|Cash flows from investing||activities:|||||||
|Investment
income|||||955,217||940,751||
|Purchase of investments|||||||(318,000)||
|Drawn from Charities
Investment
Pool (Total||||Return)|||140,000||
|Net cash provided
by investing
activities||||||955,172||762,751|
|Change
in cash and cash|equivalents||in the||||||
|reporting
period||||||72,544||(117,959)|
|Cash and cash equivalents|at the beginning|||ofthe|||||
|reporting
period||||||911,723||1,029,682|
|Cash and cash equivalents
reporting
period||at the end|ofthe|||984,267||911,723|
|NET CASH PROVIDED BYOPERATING|||ACTIVITIES||||||
|||||||2023||2022|
|||||||K||E|
|Net income/(expenditure)||for the reporting||period||1,009,213||(3,056,529)|
|Adjustments
for:|||||||||
|(Gains)/losses
on investments||||||(647,590)||3,009,021|
|Investment
income||||||(955,217)||(940,751)|
|(Decrease)/increase|in|creditors||||(71,701)||130,370|
|Increase
in debtors||||||(17,333)||(22,821)|
|Receipt ofendowment||(investments||||(200,045)|||
|received as donation||in kind)|||||||
|Net cash used
in operating||activities||||(882,673)||(880,710)|
|ANALYSIS OF CASH AND|CASH EQUIVALENTS||||||||
|||||||2023||2022|
|||||||E||E|
|Cash
in hand||||||706,467||633,923|
|Investments
(current|assets)|||||277,800||277,800|
|Total cash and cash|equivalents|||||984,267||911,723|
##
##
|YSIS OF CH|ANGES
IN NET FUNDS||||
|---|---|---|---|---|
|||At 1July|Cash|At 30June|
|||2022f|flows|2023
6|
|Cash
in hand||633,923|72,544|706,467|
|Investments|(current assets)|277,800||277,800|
|Net funds||911,723|72,544|984,267|
##
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|30|
June 2023|
June 2023|
June 2023|||||||
|---|---|---|---|---|---|---|---|---|---|
|2|Analysis ofexpenditure|||||||||
||||||Grants|Other direct|Support|Total costs|Total costs|
|||||awarded||costs|costs|2023|2022|
||||||(Note 3)||(Note 2a)f|8||
||Raising funds||||||||12,602|
||Charitable|expenditure||||||||
||Education|&training||624,199||1,493|70,017|695,709|809,377|
||Welfare|||225,812|||30,806|256,618|348,724|
||Christianity|8 the Church||32,278|||4,827|37,105|38,534|
||Healthcare||||||||2,232|
|||||882,289||1,493|105,650|989,432|1,211,469|
||Note 2a —Support||costs|||||||
|||||||Support
costs|Governance
costs|Total
2023|Total
2022|
||||||||||8|
||Allocated direct:|||||||||
||Audit fee payable to||the Charity's|auditors|||20,664|20,664|11,871|
||Non-audit fees payable to the Charity's||||auditors||5,820|5,820||
||Legal fees||||||1,946|1,946|11,460|
||Other administration||costs|||1,644||1,644|1,378|
||Allocated
on|the basis ofstaff time:||||||||
||Salaries|||||56,145|9,600|65,745|62,855|
||Service charges|||||8,396|1,435|9,831|8,795|
|||||||66,185|39,465|105,650|96,359|
|Staff co|sts, for services provided
to the charity
in|the year, comprised:||
|---|---|---|---|
|||2023|2022|
|Wages
National|and salaries
insurance|49,043
6,663|48,882
6,514|
|Pension|costs|10,039|7,459|
|||65,745|62,855|
##
##
|||||||||||2023|
|---|---|---|---|---|---|---|---|---|---|---|
|For Education|&Training:|||||||||E|
|Haberdashers'|Abraham
Darby||Funding
for ADAPT|||||||50,000|
|Haberdashers'|Abraham
Darby||Contributicn
to the funding
ofa rugby coach|||||||4,500|
|Haberdashers'|Abraham
Darby||To fund the annual
leasing ofa minibus|||||||2,500|
|Haberdashers'|Abraham
Darby||Donation
in respect ofthe Master's
allocaticn|||||||6,000|
|Haberdashers'|Adams'||Covid-19 recovery response|||||||7,494|
|Haberdashers'|Adams'||History texts &music instrument
servicing|||||||4,000|
|Haberdashers'|Adams'||Emergency
fund: contribution
towards the||boarding costs|||||6,000|
|Aldersey Cof|E Primary School||2022/23 support|||||||12,000|
|Haberdashers'|Asks's Boys' School||2023 Northcott
allocation|||||||4,000|
|Haberdashers'|Asks's Boys' School||St Catherine
Foundation
bursaries
allocation||||2022/23|||3,777|
|Haberdashers'|Asks's Boys' School||Prize Fund|||||||2,057|
|Haberdashers'|Asks's Borough|Academy|Donation
in respect ofthe Master's
allocation|||||||3,500|
|Haberdashers'|Asks's Borough|Academy|End ofyear achievement
trip to Thorpa Park|||||||4,375|
|Haberdashers'|Asks's Borough|Academy|Print studio|||||||3,750|
|Haberdashers'|Asks's Crayford|Academy|Support for disadvantaged
pupils
including||those cn FSM|||||4,375|
|Haberdashers'|Asks's Crayford|Academy|Outside area-improving
play experience|||||||3,750|
|Haberdashers'|Asks's Hatcham|College|Dyson Travel Grants for 2022/23|||||||4,700|
|Haberdashers'|Asks's Hatcham|College|School resources
&environment
updates|||||||3,750|
|Haberdashers'|Asks's Hatcham|College|2022/23 Benjamin Barker music awards|||||||2,200|
|Haberdashers'|Asks's Hatcham|College|Subsidised
residential
tdips &cultural
capital|||activities||||4,375|
|Haberdashers'|Asks's Knights Academy||Guest speakers
in school for KS3|||||||3,750|
|Haberdashers'|Asks's Knights Academy||Support for disadvantaged
pupils
including
uniform||free school meals, trips &|||||4,375|
|Haberdashers'|Asks's School for Girls||Prize Fund|||||||2,637|
|Haberdashers'|Asks's School for Girls||St Catherine
Foundation
bursaries
allocation||||2022/23|||8,223|
|Construction
Youth Trust|||Targeted support for excluded young people|||who are NEET||||55,000|
|Guildhall
School Trust|||Funding
for the Haberdashers'
Scholarships|||and Social Arts programme||||15,000|
|King's College|School||2023 Northcott allocation|||||||4,000|
|London College ofFashion|||London College of Fashion Scholarship|2022/23||||||11,550|
|Monmouth
School for Boys|||Prize Fund|||||||3,246|
|Monmouth
School for Boys|||Old Monmothian
Fund awards|||||||8,840|
|Monmouth
School for Boys|||Mountjoy
Awards|||||||27,049|
|Monmouth
School for Girls|||Prize Fund|||||||2,053|
||||Future Tutors programme
8, Haberdasher||pdize for raised|||embroidery|&||
|Royal College|ofNeedlework||embellishment|||||||12,500|
|Royal College|ofNeedlework||Contribution
to the 150Forward campaign|||||||2,500|
|StBart's &the|Royal London School of||Renewal ofJeston bursary scheme for 2022/23. Hardship|||||fund fcr|||
|Medicine
& Dentistry|||medical students|||||||5,000|
|The City & Guilds of London
Institute|||Building
Opportunities
programme-Scholarships||||2023|||3,500|
|The Smallpiece Trust|||Haberdashers'
scholarships
2023|||||||9,400|
|University
College School, Hampstead|||2023 Northcott
allocation|||||||4,000|
|Wilderness
Foundation
UK|||Funding
for Scotland trip 2023|||||||16,500|
|Worshipful
Company ofHaberdashers'|||Contribution
to the Monmouth
Enterprise||Initiative 2023|||||4,000|
|3 individuals
-|F9,250 each||Hockenhull
Legacy grants 2022|||||||27,750|
|29grants to institutions
up to 52,000 each||||||||||29,773|
|47 grants to individuals||||||||||35,700|
|5 individuals|||Grants no longer required
orcancelled||||||||
|||||||||||427,099|
##
|TES TO THE ACCO
June 2023|UNT|S||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||E|
|Haberdashers'
Asks's Boys' School|||Educational
Fund-Trotman
Junior Exhibition||||||||||||15,000|
|Haberdashers'
Asks's School|for Girls||Educational
Fund-Trotman
Junior Exhibition||||||||||||15,000|
|Haberdashers'
Asks's School|for Girls||Pamela Pye Fund —To help provide music|||and||library||facilities|||||6,600|
|Cockpit Arts|||Haberdashers'
Textile Award 2022/23||||||||||||17,000|
|Royal College ofArts|||Haberdashers'
Textile Scholarship
2023/24||||||||||||27,000|
|1 individual|||2023 Haberdashers'
Picken Scholarship||to|read Pharmacology|||||||||4,000|
|16individuals|||Haberdashers'
Scholarships||||||||||||55,000|
|2 individuals|||Florence Pritchard
grants||||||||||||2,000|
|3 individuals|||Hockenhull
Legacy grants||||||||||||55,500|
||||||||||||||||9|
|Grants awarded
in previous|yearn,|payable after 30June 2023:||||||||||||||
|Cochrane Scholarships
for university||courses||||||||||||1,000||
|Jeston University
Scholarships||||||||||||||13,000||
|Haberdashers'
University
Bursaries||&Arts|Bursaries|||||||||||20,000||
|Haberdashers'
Scholarships||||||||||||||37,000||
|Hockenhull
Legacy grants||||||||||||||18,250||
|Florence Pritchard
Scholarship||||||||||||||1,000||
|Haberdashers'
Picken Scholarships||to read|Pharmacology|||||||||||5,000||
|Tots/ Education
&Training|||||||||||||||624,199|
|For Welfare:||||||||||||||||
|Adult Literacy Trust|||Reading Coaches programme||||||||||||3,600|
|Alternatives
to Violence Project Britain|||Facing up to Conflict distance-learning|course||||for prison|||offenders||||3,600|
|Chapter (West Cheshire)|||Belong &Connect services-improve
peoples
Thrive Outside
Lewisham
Pmject-residential||||mental
for 30||health
&wellbeing
vulnerable
and||||||3,576|
|Free to BeKids|||disadvantage
young people||||||||||||3,600|
|Haberdashers'
Adams|||Expansion
ofscience provision||||||||||||10,000|
|irish Community
Services|||Funding
Weekly Socials &Community|Online||||Project||for older||||people|3,600|
|Lewisham
Local|||FoodCycle Lewisham-community
dining||project||||||||||3,600|
|Lewisham
Youth Theatre|||Friday Socials-a safe space for 11-18year|||olds|||||||||3,600|
|London Bubble Theatre|||Salary costs of residential
artist for Bubble's Older Adults Programme||||||||||||3,053|
|Shropshire
Youth Support Trust|||Funding
Personal
Development
Coach|for||4|hours||per week||||||3,600|
|Somerville
Youth & Play Provision|||Contribution
to youth workem salaries &||overhead||||costs||||||3,600|
|Southwark
Pensioners'
Centre|||Warm Space Project||||||||||||3,000|
|Street Storage|||Contribution
to Referral Manager/Outreach|||Worker|||role||||||3,600|
|Team Up for Social Mobility|||20boys (9-16)from BAME communities
by volunteer
tutors||in|Southwark||||to be|||mentored||3,600|
|Telegraph
Hill Play Club|||Improving
Play Club's outdoor facilities||||||||||||3,600|
|The Ben Kinsella Trust|||Six knife crime prevention
workshops||||||||||||3,600|
|The Childhood
Trust|||Food poverty projects
in Lewisham,
Southwark|||||&Bexley-match||||||funded|75,000|
|The EYFoundation|||Uplift grant||||||||||||5,000|
|The Univemity
of East London|||Funding
ofthe 2023 Haberdashers'
Company|||||Entrepreneur|||||Awards||12,000|
|Time 8 Talents|||Get Active project||||||||||||3,600|
|XLP|||Exclusion Reduction
Programme-Literacy|||&|numeracy||||tutoring||||55,000|
|Young Leicestershire|||Young Carers Group-weekly
for 45weeks,|||ages 11-18|||||||||2,400|
|8 grants to institutions
up to 82,00each|||||||||||||||9,233|
|2 grants to individuals
up to 82,000||each|||||||||||||750|
##
|30|
June 2023||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||6|
||Total - Welfare|||||||||||||||225,812|
||For Christianity
&the Church:||||||||||||||||
||StBoniface Church
Bunbury||||Donation||for|2023||||||||3,000|
||St Catherine's
Church,
Hatcham|||||||||||||||3,000|
||StJohn the Baptist Church
Hoxton|||||||||||||||3,000|
||St Mary Magdalene,
Albrighton|||||||||||||||3,000|
||StPeter's Church Chertsey|||||||||||||||3,000|
||The Parish of All Saints, New Cross|||||||||||||||3,000|
||The Parishes of Newnham
with|Awre &|||||||||||||||
||Blakeney, Gloucestershire|||||||||||||||3,000|
||The Parishes of Newnham
with|Awre &|||||||||||||||
||Blakeney, Gloucestershire|||Contribution||||to youth worker||across the Benefice||||||4,000|
||The Wigston Benefice|||||||||||||||3,000|
||5grants to institutions
up tof2,000 each|||||||||||||||3,178|
||2grants to individuals
up to r2,|000each|||||||||||||||
||Total —Christianity
&the Chumh||||||||||||||||
||Total grants payable
in the year|||||||||||||||882289|
|4|Tangible assets||||||||||||||||
||Schools land &buildings||||||||||||2023|||2022|
||||||||||||||6||||
||Land at Aldersey
School|—book|value||||||||||67,187||67 187||
|5|Investments||||||||||||2023|||2022|
|(a)|Investment
Property||||||||||||8,000|||8,000|
|(b)|Haberdashers'
Charities|Investment|||Pool|||||||37,199,794|||36,210,721||
|(c)|Common
Investment
Funds||||||||||||755,001||745,055||
|(d)|Diversified
Property
Fund|for Charities|||||||||||471,966||547,405||
|(e)|Property
Income Trust for Charities||||||||||||264,497||340,442||
|||||||||||||38,699,258|||37851623||
|(a)|Investment
Property||||||||||||8000|||8000|
||The investment
assets
acquired|||by||the|Foundation||in|2002 included|freehold||reversionary||interests
in||
||several
residential
properties.||The main||||interests||have|all been sold|and|the|value of remaining|||minor|
||interests
is trivial.||||||||||||||||
|(b)|Haberdashers'
Charities|Investment||||Pool|||||||||||
||Marketvalueasat1
July|||||||||||36,210,721|||39,107,393||
||Additions||||||||||||200,045||200,000||
||Unrealised
gain/(loss)||||||||||||789,028|J33096667722|||
||Market value as at 30June|||||||||||37199794|||36,210721||
##
##
|NO
30|TES TO THE ACCOU
June 2023|NT|S|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||2023||2022f|
|(c)|Common
Investment
Funds
Marketvalueasat1
July||||||||||||745,055||801,595|
||Unrealised
gain/(loss)||||||||||||9946||56.540|
||Market value as at 30June||||||||||||755,001||745,055|
|(d)|Diversified
Property
Fund|for Charities||||||||||||||
||Market Value as at 1 July (included||||in current||asset investments)||||||547,405||454,988|
||Unrealised
(loss)/gain||||||||||||75439||92,417|
||Market Value as at 30June||||||||||||471 966||547,405|
|(e)|Property Income Trust for Charities|||||||||||||||
||Market value as at 1 July||||||||||||340,442||310,667|
||Additions||||||||||||||73,000|
||Reduction
in investment
cash||||||||||||||(95,000)|
||Unrealised
(loss)/gain||||||||||||75,945||51,775|
||Market value as at 30June||||||||||||264,497||340,442|
|8|Movement
on unapplied|total return||||||||||||||
|Unapplied
total return
is calculated|||relative to|||the|value||ofthe trust for||investment||at30June 2009|(base value),||
|that|being the base date determined||||by the|Trustee|||as appropriate||for the|Charity's
endowment|||fund.
An|
|additional
F200k (2022:f200k)||was received||||during||the year.||||||||
||||||||||Trust||Unapplied|||||
||||||||||for||Total||||Total|
||||||||||investment||Return||||2022|
|||||||||||||8||||
||Trust for investment
at 1 July 2022||||||||18,462,108|17,748,613|||36,210,721|39,107,393||
||Investment
returns:|||||||||||||||
||Investment
income||||||||||883,571||883,571||883,104|
||Realised and unrealised|investment||||||||||||||
||gains/(losses)
Transfer to trust for application
Additional
funds invested||||||||200,045||789,028
(883,571)||789,028
(883,571)
200,045|(3,096,672)
(883,104)
200,000||
||Trust for investment
at30June|||2023|||||18,662,153|18,537,641|||37,199,794|36,210,721||
||Represented
by:
Investment
in Charities Investment|||Pool (Total Return)|||||||||37,199,794|36,210,721||
|7|Debtors||||||||||||2023||2022|
||||||||||||||8||6|
||Accrued interest||||||||||||8,519||7,477|
||Tax recoverable
on donations||and||investment||income||||||54,196||30,889|
||Other debtors||||||||||||4,443||3,963|
||Donations
&fundraising||||||||||||19,384||26,880|
||||||||||||||86,542||69,209|
##
##
|8|Creditors: amounts|falling due within|one year|2023|2022|
|---|---|---|---|---|---|
||Salaries and service|charges||38,606|71,650|
||Audit fees|||20,664|11,400|
||Grants payable|||185,600|246,050|
||Other creditors|||3,614|3,585|
|||||248484|332888|
|9|Creditors: amounts|falling due after more than one year||2023|2022|
||Interest-free
loans from Old Monmothian||Club|10,000|10,000|
||Grants payable|||106,750|94,250|
|||||116,750|104,250|
|10|Analysis ofnet assets between funds|||||
|Analysis ofnet assets between funds|||||
|---|---|---|---|---|
||Unrestricted||||
||General|Restricted|Endowment|Balance|
||Fund|Funds|Funds|30June 2023|
||8|8||8|
|Tangible asset|||67,187|67,187|
|Fixed asset investments|204,052|532,411|37,962,795|38,699,258|
|Net current assets|105,184|875,309|(158,168)|822,325|
|Creditors due in more than one year||116,750||116,750|
||309,236|1 290,970|37,871,814|39,472 020|
##
##
|11|The Funds ofthe Charity|The Funds ofthe Charity|The Funds ofthe Charity||||Balance|||Transfers|Other|Balance|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Note|1 July|Incoming|Resources|between|gains 8|30June|
||||||||2022|resources|expended|funds|losses|2023|
||||||||E|E|E|E|E|E|
||Unrestricted|funds|||||||||||
||Haberdashers'|Foundation|||||||||||
||Unrestricted
general funds||||||180,814|141,674|9,231|26 640|30,661|309,236|
||~Rt
t t d||||||||||||
||Haberdashers'|Foundation|||||||||||
||Donor restricted
funds|||||A|79774|58907|50000|||88681|
||Haberdashers'|Educational||Foundation|||||||||
||Thomas Aldersey School||Fund|||B|25,944|2,763|(15,613)|13,565|(3,336)|23,323|
||Thomas Aldersey
Repair Fund|||||B|4,248|||350||4,598|
||Thomas Arno|Fund||||C|113,211|4,070|(62,184)|63,708|(19,709)|99,096|
||Dyson Memorial
Fund||||||16,043|1,171|(5,335)|5,451||17,330|
||Ezra Fund||||||12,564|986|(4,644)|5,529|(628)|13,807|
||Further & Higher Education|||Fund|||243,290|14,134|(144,405)|51,279|(40,410)|123,888|
||F Pritchard
Fund||||||10,262|290|(1,273)|2,334|(1,028)|10,585|
||Haberdashers'|St Cathedine||Foundation|||177,132|6,179|(53,495)|62,488|(24,775)|167,529|
||Monmouth
School Scholarships||||Fund||153,457|4,391|(44,520)|51,774|(6,348)|158,754|
||Prize Fund||||||16,125|11,812|(13,034)|||14,903|
||Pamela
K Pye|Fund|||||3,717|7,042|(7,211)|||3,548|
||Schroders &Haberdashers|||Educational||L|||||||
||Foundation||||||22,239|521|(22,116)|22,336|(1,284)|21,696|
||Travel Scholarships
Fund||||||22,004|484|(18,155)|18,434|(1,541)|21,226|
||Throckmorton|Trotman
Fund||||N|78688|3,276|(39,553)|38,980|(10,108)|71,283|
||Other||||||212|||||212|
||||||||899136|57,119|431538|336,228|109,167|751,778|
||Haberdashers'|Benevolent||Foundation|||||||||
||Generalfunds||||||161,326|1,290|(466,023)|490,035|(1,284)|185,344|
||Hobby Fund||||||162,818|-|-|-|5997|168,815|
||||||||324,144|1 290|466,023|490,035|4,713|354,159|
||Haberdashers'|Christian|Foundation||||||||||
||Generalfunds||||||100,148||32,640|39117|10273|96,352|
||Total restricted|funds|||||1,403,202|117316|980201|865380|114727|1 290970|
##
|11|The Funds ofthe Charity||||Balance|||Transfers|Other|Balance|
|---|---|---|---|---|---|---|---|---|---|---|
||(continued)|||Note|1 July|Incoming|Resources|between|gains 8|30June|
||||||2022|resources|expended|funds|losses|2023|
|||||||6|F|f|6|6|
||Ex endable endowment|funds|||||||||
||Haberdashers'
Foundation||||469,639||||9.437|479,076|
||Haberdashers'
Educational|Foundation|||||||||
||Dyson Memodal
Fund||||224,377|5,451||(5,451)|4,916|229,293|
||Ezra Fund||||227,703|5,529||(5,529)|4,987|232,690|
||Haberdashers'
StCatherine|Foundation|||2,572,199|62,488||(62,488)|56,363|2,628,562|
||Monmouth
School Scholarships||Fund||529,902|13,014||(13,014)|11,738|541,640|
||Schroders &Haberdashers|Educational||L|||||||
||Foundation||||919,424|22,336||22,336|20,147|939,571|
||||||4,473,605|108,818||108818|98,151|4,571,756|
||Haberdashers'
Benevolent|Foundation|||2,588,922||||56,728|2,645,650|
||Total expendable
endowment||funds||7532 166|108818||108,818|164316|7696,482|
||Permanent
endowment
funds||||||||||
||Haberdashers'
Foundation||||483,225|226,685||26640|6,658|689928|
||Haberdashers'
Educational|Foundation|||||||||
||Thomas Aldersey
School Fund||||647,612|13,915||(13,915)|12,551|660,163|
||Thomas Arno Fund|||C|2622418|63,708||(63,708)|57,463|2,679,881|
||Further
& Higher Education|Fund|||2,110,791|51,279||(51,279)|46,252|2,157,043|
||F Pritchard
Fund|||B|96,099|2,334||(2,334)|2,106|98,205|
||Monmouth
School Scholarships||Fund||1,595,484|38,760||(38,760)|34,961|1,630,445|
||Prize Fund||||365,409||||2,478|367,887|
||Pamela
KPys Fund||||217,016||||1,471|218,487|
||Travel Scholarships
Fund||||758,799|18,434||(18,434)|16,627|775,426|
||Throckmorton
Trotman
Fund||||1 604,527|38,980||38980|35,159|1,639,686|
||||||10,018,155|227410||227,410|209068|10,227,223|
||Haberdashers'
Benevolent|Foundation|||17,338,656|490,036||490,035|379922|17,718,579|
||Haberdashers'
Christian
Foundation|||P|1,506,589|39,117||39,117|33,013|1 539,602|
||Total permanent
endowment|funds|||29,346,625|983,248||783,202|628661|30,175332|
||Total endowment
funds||||36,878,791|1 092086||892,020|792,977|37,871,814|
||Total Charity Funds||||38462 807|1 351056|989,432||647 589|39472,020|
##
##
|0Ju|
ne 2023|||
|---|---|---|---|
|Ref|Fund name||Objects and activities|
|A|Haberdashers'||This reflects miscellaneous
donations
given
by donors for specific purposes.|
||Foundation|restricted|The funds are spent
in accordance
with applicable
restrictions.|
||funds|||
||Thomas
School Fund|Aldersey|The object of the fund
is the provision
of items,
services
and
facilities
for
Bunbury Aldersey
Church ofEngland
Primary School. After setting aside E350|
||||for the School's designated
upkeep
fund,
an amount
of F12,000 was paid to|
||||the school for use in accordance
with the object.|
|C|The Thomas|Arno|The objects ofthe fund are the provision of items, services and facilities for the|
||Fund||Haberdashers'
schools and the promotion
of education
of pupils
and former|
||||pupils ofthe Haberdashers'
schools. 31 grants
totalling F32,700were made to|
||||the schools, current
and former
pupils, as well as for staff bursaries.
Grants|
||||totalling
F22,550 were made to facilitate
the Scotland
Wilderness
trip for 11|
||||past pupils.|
|D|Dyson|Memorial|The object ofthe fund is the relief of poverty of pupils, former pupils or parents|
||Fund||of current
pupils
of Haberdashers'
Asks's
Hatcham
College.
The fund
is|
||||available
for travel grants
for pupils of the College, who cannot
afford school|
||||trips. Payment
is made
periodically
to the College to top up its fund for this|
||||purpose.
Funds ofE4,700were paid to the school in the year.|
||Ezra Fund||Lord
Ezra,
an
Old
Monmothian
and
Liveryman
Honoris
Causa
of the|
||||Haberdashers'
Company,
endowed
a new
fund
in 2003/04 to support
an|
||||enterprise
initiative
benefiting
pupils
of Haberdashers'
schools.
This
fund|
||||supported
the Monmouth
Enterprise
Initiative.|
||The Further|and|The object ofthe fund is to promote education
by the provision ofscholarships,|
||Higher Education
Fund||grants
or awards
to persons
undertaking
a course
of further
or higher
education,
with a preference
for pupils
or ex-pupils
of the Haberdashers'|
||||Schools and persons
undertaking
a course of divinity|
||||The majority
of the funds available
in the Further
and Higher
Education
Fund|
||||are used to provide
university
scholarships
and bursaries
for pupils and former|
||||pupils of Haberdashers'
schools. Nominations
are made by the schools and are
tenable
over the whole of a student's
university
career.
In many cases these|
||||awards
enable
students
who
may
not otherwise
have
considered
going
to|
||||university
to do so.The majority of awardees
receive E1,000 per annum
for the|
||||duration
of their
university
course.
In 2022/23,
16 new awards
were
made|
||||during the year at a cost ofE55,000.|
||||The beneficiaries
ofthe Jeston
Divinity
Scholarships
are nominated
by Trinity|
||||College, Cambridge,
with the current
level of awards
being E1,000 for each|
||||undergraduate
scholarship
and
E1,000 per
annum
for the
postgraduate|
||||scholarship.|
|G|Florence|Pritchard|Mrs Pritchard
left a share
in her estate to the Governors
of Haberdashers'|
||Fund||Adams'
Grammar
School "in memory ofJW Pritchard
who was educated there|
||||and was subsequently
Senior Wrangler
at Trinity College, Cambridge,
to hold|
||||the same
in
trust
and
to use the
income
therefrom
to provide
financial|
||||assistance to pupils having special aptitude
in mathematics
or sport". The funds|
||||are
held
separately
within
the
Haberdashers'
Educational
Foundation.
In|
||||2022/23,
funds
totalling
E2,000 were used to fund
pupil
scholarships
in the|
||||sub ects noted above.|
##
|0Ju|
ne 2023||||
|---|---|---|---|---|
|Ref|Fund name|||Objects and activities|
||Haberdashers'||St.|The Foundation's
objects may be summarised
as:|
||Catherine
Foundation|||~
providing
financial
help
towards
the cost of education
of pupils
of
Haberdashers'
and other schools who are
in financial
need,
whilst at|
|||||school or receiving
further education;
and|
|||||~
providing
financial
support
to charitable
foundations
or for such other|
|||||charitable
purposes
as
the
Haberdashers'
Company
shall
in
its|
|||||absolute
discretion
determine.|
|||||The Foundation's
activities are:|
|||||(i)
The award
of bursaries
to pupils of Haberdasher
schools
in cases of|
|||||unforeseen
family
hardship,
normally
to help pupils complete the final|
|||||examination
year ofa GCSEor A-level course. Four bursaries
totalling|
|||||618,000was awarded
during the year.|
|||||(ii)
Benjamin
Barker music grant to the Haberdashers'
Hatcham
College.|
|||||A grant
of 62,200 was
made
to support
the
work
of the
music|
|||||department.|
|||||(iii)
Grants
to
Haberdasher
state-maintained
schools
for
pupil-related|
|||||expenses
(such as school trips) or for projects of benefits to pupils.
In|
|||||2022/23 awards
totalling F26,000were made.|
||The Monrnouth|||The object ofthe fund isto promote education
by the provision
ofscholarships,|
||School Scholarships|||grants
or awards
to pupils
or intended
pupils
of Monmouth
School,
with
a|
||Fund|||preference
for those whose financial
circumstances
or those of their parents|
|||||may preclude
them from otherwise
attending
the school. Scholarships
totalling|
|||||638,488 were awarded
from the fund
in 2022/23.|
|||||The
Fund
has
received
the
benefit
of unsecured,
interest-free
loans
over|
|||||several
years
totalling
650,000 from
the
Old
Monmothian
Club,
of which|
|||||F40,000 has been subsequently
converted
into donations
to the expendable|
|||||endowment
fund. The loan balance remaining
was 610,000 at 30June 2023.|
|J|The Prize Fund|||The object of the
fund
is to further
the education
of pupils
attending
the|
|||||Haberdashers'
Schools
by the award
of prizes
or other
suitable
marks
of|
|||||distinction.
The capital of the fund comprises
monies
given over the years by|
|||||donors connected
with the schools, often naming
prizes
in memory ofparticular|
|||||individuals.
A proportionate
amount
of the fund
is held for each school and|
|||||distributions
are made each academic
year. The total amount
distributed
in|
|||||2022/23 was 612,000.|
||The Pamela|K.|Pye|The object ofthe fund is to advance the education
ofthe pupils ofthe|
||Fund|||Haberdashers'
Aske's School for Girls, Elstree, with a preference
for assisting|
|||||the music department
or library ofthe School.
Funds totalling F6,800were|
|||||paid to the school
in 2022/23|
||The Schroders'||and|SHEF was created for the benefit of the Haberdashers'
schools
in 1997and|
||Haberdashers'|||joined the Haberdashers'
Educational
Foundation
in 2005.
During the 2022/23|
||Educational|||year, SHEF awarded
6 grants
totalling F19,500.The fund supported
the costs|
||Foundation|(SHEF)||of guests
speakers
in schools for Haberdashers'
Knights
Academy
and the|
|||||creation ofa Print Studio at Haberdashers'
Borough Academy.|
##
|0Ju|
ne 2023|
ne 2023|||
|---|---|---|---|---|
|Ref|Fund name|||Objects and activities|
||The Travel|||The object ofthe fund is to promote education
by the provision ofscholarships,|
||Scholarships||Fund|grants
or awards
to persons
undertaking
a course
of further
or
higher|
|||||education,
ora wholly educational
expedition,
outside the United
Kingdom,
with|
|||||a preference
to pupils or former pupils ofthe Haberdashers'
schools.
Awards|
|||||may exceptionally
be made,
up to a defined
limit, for inward scholarships
ofthis|
|||||nature,
to the United
Kingdom
but in practice these are rare.|
|||||Reports
are
received
from
beneficiaries
on
their
return,
as a means
of|
|||||evaluating
whether their objectives were fulfilled. Awards totalling 216,000were|
|||||made
in 2022/23 for pupils travelling
to Australia
and Europe.|
||Throckmorton|||The object ofthe fund is to promote the education
ofpersons
under the age of|
||Trotman|Educational||25who are in need offinancial assistance
and are resident
in Greater London.|
||Fund|||Exhibitions
have customarily
been awarded as follows:|
|||||(i) Senior Exhibitions|
|||||To provide
exhibitions
tenable
at universities
and
other
colleges
of|
|||||further education
to applicants
between
the ages of 16and 24 years,
in|
|||||practice only to qualifying
former pupils of Haberdashers'
schools. Five|
|||||awards were was made during the year at a cost ofE5,000.|
|||||(ii)
Junior Exhibitions|
|||||To provide exhibitions
tenable at secondary
schools or other educational|
|||||institutions
to applicants
between
the ages of 11 and 14 years. The|
|||||awards
form part ofthe bursary
funding
to assist pupils whose parents|
|||||have
financial
need.
Two awards
totalling
F30,000 were
made
in|
|||||2022/23.|
||Haberdashers'|||General funds|
||Benevolent
Foundation|||In the Foundation's
governing
scheme up to4%ofincome may be used to help
persons
in need to set up in business
and up to 19%of income may be used|
|||||for any charitable
purposes at the Trustee's discretion.|
|||||Hobby Fund|
|||||The
restricted
Hobby
fund
was
created
in
the
former
Haberdashers'|
|||||Eleemosynary
Charity,
arising
from
the
Charity
of John
Hobby.
Under
a|
|||||Scheme of the Charity
Commission
made
in 1984, the fund
is required
to|
|||||accumulate
until 2051, when
it will be added
to the Foundation's
permanent|
|||||endowment
fund.|
|||||Expendable
Endowment
Fund|
|||||The Trustee has the power to convert expendable
endowment
into income but|
|||||prefers to invest
it in order to create income for annual
charitable
grants.|
||Haberdashers'|||The object ofthe Foundation
isto further the religious and other charitable
work|
||Christian|Foundation||ofthe Church of England.|
##
##
##
##
##
|||||Unrestricted||||
|---|---|---|---|---|---|---|---|
|||||General|Restricted|Endowment|Total|
|||||Fund|Funds|Funds|2022|
|||||E|E|E||
|Income and endowments||from:||||||
|Donations
and legacies||||87,849|135,361||223,210|
|Investments:||||||||
|Haberdashers'
Charities||Investment|Pool|||883,104|883,104|
|Other investment
income|||||16,788||16,788|
|Interest receivable||||10102|27721|3,036|40,859|
|||||97,951|179,870|886,140|1,163,961|
|Expenditure
on:||||||||
|Raising funds||||||||
|Fundraising
costs||||12,602|||12,602|
|Charitable
activities:||||||||
|Education
&training||||250,915|558,462||809,377|
|Welfare||||603|348,121||348,724|
|Christianity
&the Church|||||38,534||38,534|
|Healthcare|||||2,232||2,232|
|||||264,120|947,349||1 211,469|
|Net gains/(losses)
on|investments|||36,610|98780|3 144,411|3.009,021|
|Net income/(expenditure)||||(129,559)|(668,699)|(2,258,271)|(3,056,529)|
|Transfer between
funds||||22,845|863,295|886,140||
|Net movement
in funds||||(106,714)|194,596|(3,144,411)|(3,056,529)|
|Reconciliation
of Funds:||||||||
|Fund balances
brought|forward|||287,528|1,208,606|40,023,202|41,519,336|
|Fund balances carried|forward|||180,814|1,403,202|36878 791|38,462,807|
##
##
##
|Analysis o|fexpen|d|iture|for the yea|r ended 30Ju|n|e|2022|2022|2022||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Grants|||Other||||direct|||Support||Total costs|
||||||awarded|||||||costs||||Costs|2022|
|||||||||||||8||||||
|Raising funds||||||||||||12,602|||||12,602|
|Grants:||||||||||||||||||
|Education|&training||||741,474|||||||528||||67,375|809,377|
|Welfare|||||324,022|||||||||||24,702|348,724|
|Christianity|&the Church||||34,484|||||||||||4,050|38,534|
|Healthcare|||||2,000|||||||||||232|2 232|
||||||1,101,980|||||||13,130||||96,359|1,211,469|
|Support costs||||||||||||||||||
|||||||||||||Support
costsf|||Governance
costs||Total
2022
8|
|Allocated direct:||||||||||||||||||
|Audit fee||||||||||||||||11,871|11,871|
|Legal fees||||||||||||||||11,460|11,460|
|Other administration|||costs|||||||||1,378|||||1,378|
|Allocated on|the basis||ofstaff|time:||||||||||||||
|Salaries|||||||||||53,364|||||9,491|62,855|
|Service charges||||||||||||7,468||||1,327|8,795|
|||||||||||||62,210|||34,149||96,359|
|Grants awarded||||||||||||||||||
||||||||||||||||||2022|
|For Education|&Training:||||||||||||||||E|
|Haberdashers'|Abraham||Darby||Rugby, science|||textbooks||||& new laptops|||||4,500|
|Haberdashers'|Abraham||Darby||To fund the|annual|||leasing cost ofa minibus||||||||2,500|
||||||Pupils mental||health|||support,
behaviour||||management
&||||
|Hebe/dashers'|Abraham||Darby||attendance|programmes|||||||||||5,000|
|Haberdashers'|Abraham||Darby||Funding
for|ADAPT|||||||||||190,000|
|Haberdashers'|Adams'||||Storage facilities for PE||||||&drama||||||2,500|
|Haberdashers'|Adams'||||Table tennis||tables||&gym mats||||||||4,000|
|Haberdashers'|Adams'||||Contribution||towards|||Ukrainian
students||||boarding fees|||5,000|
|Aldersey
C ofE Primary|||School||2021/22 support||||||||||||10,000|
|Haberdashers'|Asks's|Boys' School|||2022 Northcott|||allocation|||||||||4,000|
|Haberdashers'|Asks's|Borough||Academy|Purchase of||instruments|||||for Bravo! Instrumental||||Programme|3,750|
|Haberdashers'|Asks's|Borough||Academy|Support for|disadvantaged||||||pupils|including||trips 5 uniform||4,500|
|Haberdashers'|Asks's|Crayford||Academy|Contribution||to|the Hardship
fund|||||||||4,500|
|Haberdashers'|Asks's|Crayford||Academy|Contribution||to|two|baseball courts||||||||3,750|
|Haberdashers'|Asks's|Hatcham||College|Dyson Travel||Grants|||for||2021/22|||||4,700|
|Haberdashsrs'|Asks's|Hatcham||College|Contribution||to|costs||of|Berlin trip||for Year 13||||2,500|
|Haberdashers'|Asks's|Hatchsm||College|Creation of|Calm Club|||||||||||3,750|
|Haberdashers'|Asks's|Hatcham||College|2021/22 Benjamin Barker music awards||||||||||||2,250|
##
##
##
##
|TES TO THE ACCOU
June 2023|NTS|NTS|NTS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Haberdashers'
Asks's Hatcham|College||||Contribution
to the Hardship|||fund|||||3,000|
|Haberdashers'
Asks's Knights Academy|||||Arts programme||||||||3,750|
|Haberdashers'
Asks's
Knights Academy|||||Contribution
to the Hardship|||fund|||||4,500|
|Haberdashers'
Asks's School for Girls|||||Prize Fund||||||||2,473|
|Cockpit Arts|||||Contribution
to Deptford site|||development|||||3,500|
|Cockpit Arts|||||Haberdashers'
Textile awards||||||||11,000|
|Construction
Youth Trust|||||Targeted
support
for excluded||||young people who are|||NEET|50,000|
|King's College School|||||2022 Northcott
allocation||||||||4,000|
|London College ofFashion|||||London College ofFashion||Scholarship||||2021/22||11,220|
|Monmouth
School for Boys|||||Prize Fund||||||||3,044|
|Monmouth
School for Boys|||||Old Monmothian
Fund awards||||||||8,299|
|Monmouth
School for Boys|||||Mountjoy Awards||||||||9,959|
|2 individuals
up to 69,250 each|||||Hockenhull
Legacy grant 2021||||||||18,250|
||||||Future Tutors programme|&||Haberdasher|||prize for raised|||
|Royal College ofNeedlework|||||embroidery
&embellishment||||||||10,000|
|St Bart's &the Royal London School
Dentistry|||ofMedicine|&|Renewal
ofJeston bursary
fund for medical students||scheme|||for 2021/22. Hardship|||5,000|
|The Smallpiece Trust|||||Haberdashers'
scholarships|||2022|||||8,800|
|University
College School, Hampstead|||||2022 Northcott
allocation||||||||4,000|
|Worshipful
Company
ofHaberdashers'|||||Contribution
to the Monmouth||||Enterprise||Initiative 2022||4,000|
|30 grants to institutions
up to F2,000 each|||||||||||||27,779|
|38grants to mdividuals|||||||||||||41,420|
|9 individuals|||||Grants no longer required|or||cancelled|||||15050|
|Grants awarded to be paid in|afuture period:|||||||||||||
|Haberdashers'
Abraham
Darby|||||ADAPT||||||||110,000|
|Haberdashem'
Asks's Boys' School|||||Educational
Fund-Trotman||Junior Exhibkion||||||15,000|
|Haberdashers'
Asks's School for Girls|||||Educational
Fund-Trotman||Junior Exhibition||||||15,000|
|Haberdashers'
Asks's School for Girls|||||Pamela Pye Fund —To help
facilities|||provide music and library|||||6,800|
||||||2022 Haberdashem'
Picken||Scholarship||||to read|||
|1 individual|||||Pharmacology||||||||3,000|
|Royal College ofArts|||||Haberdashers'
Textile Scholarship|||||2022/23|||20,000|
|1 individual|||||Jeston University
Scholarships||||||||2,000|
|16 individuals|||||Haberdashers'
University
Bumaries|||||&Arts Bursaries|||53,000|
|3 individuals|||||Florence Pritchard
grants||||||||3,000|
|2 individuals|||||Hockenhull
Legacy grants||||||||36,500|
|Grants awarded
in previous years,|||payable after|||||||||||
|30June 2022:||||||||||||||
|Cochrane Scholarships
for university|||coumes|||||||||3,000||
|Jeston University
Scholarships||||||||||||29,000||
|Haberdashers'
University
Bumaries||&Arts Bursaries||||||||||39,000||
|Haberdashers'
Picken Scholarships
Pharmacology||to read||||||||||5.000||
|||||||||||||76000||
##
|ForWelfam:|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|16n Bermondsey
Scouts|||Uniforms,
badges &kit for new starters
&|adult||leaders||||2,060|
|Haberdashers'
Abraham|Darby||Masters
allocation|||||||10,000|
|Haberdashers'
Abraham|Darby||Covid-19 support|||||||43,060|
|Haberdashers'
Adams'|||Lighting
bar for dedicated
performing
arts|space||||||10,000|
|Habrdashers'
Asks's Federation||Trust|David-1 9support|||||||71,000|
|Alternatives
to Violence|Project|Britain|Facing Up to Conflict distance
leammg
course
prison|||for|offenders||in|3,000|
|Asphasia
Re-Connect|||Weekly drop-in for adults wkh asphasia
living||in Southwark|||||2,700|
|Centrepoint|||Running
costs for Haberdashers'
House,|New||Cross||2021/22||11,523|
||||Part funding
ofEmployment
Team Advisor helping||||people||with||
|Clean Sheet|||convictions
find sustainable
employment|||||||3,000|
|Crown
& Manor Boys Club|||For disadvantaged
boys &young
men
living||in|Hackney||||3,000|
|DEC Ukraine Appeal 2022|||Appeal for Ukraine due to ongoing conflict|||||||5,000|
|The EYFoundation|||Employability
workshops
&Smart Futures|||||||50,000|
|Harrow
Club W10|||Masters allocation|||||||5,000|
|JOY (Just Older Youth)|||Development
ofa men's Shed Project &core classes|||||||3,000|
|Joys Green Recreational|Ground||Playground
equipment
for local &surrounding|||community||||3,000|
|Lewisham
Youth Theatre|||Drama outreach
project forcare experienced||children|||||3,000|
|Livery Initiative-No
Going Back|||No Going Back Year 2|||||||4,689|
|Platform
Cricket|||Community
cncket club Depfford Dragons|core costs||||||3,000|
|Street Doctors|||Training
programme
to mduce the impact|of|knife||crime|||2,250|
|Sydenham
Arts|||Moviing
with Parkinson' s-dance therapy sessions|||||||3,000|
|Telegraph
Hill Play Club|||New flooring for play centre|||||||3,000|
|The University
ofEast London|||Haberdashers'
Company
Entrepreneur
Awards|||||||12,500|
|Without Walls Chnstian|Foundation||The Singing Cafe Project in Wigston for elderly|||people||||3,000|
|XLP|||Exclusion
reduction
programme-literacy
&numeracy|||||tutoring||50,000|
||||Transforming
two allotments
into sspace|for|marginalised||||&||
|You Glow|||disadvantaged
people|||||||2,640|
|10grants to institutions|up to 62,000each|||||||||9,800|
|4 grants to individuals
up to 62,00each||||||||||2,800|
|1 institution|||Grant returned||||||||
|||||||||||324,022|
|Total - ykreffam||||||||||324,022|
|For Christianity
8 the|Church:||||||||||
|St Mary' s, Harrow-on-the-Hill|||Master's allocation|||||||2,500|
|StPeter's Church, Chertsey|||Contribution
to phase I building
project|||||||5,000|
|The Parish of All Saints,|New Cross||Master's allocation|||||||2,500|
|14grants to institutions|up to 62,000 each|||||||||22,000|
|3grants to individuals||||||||||2,484|
##
##
##
##
##
##
|||||||TI'ust|Unapplied||
|---|---|---|---|---|---|---|---|---|
|||||||for|Total|Total|
|||||||investment
8|Returnf|2022|
|Trust for investment
at||1 July 2021||||18,262,108|20,845,285|39,107,393|
|Investment|returns:||||||||
|Investment
income|||||||883,104|883,104|
|Realised|and unrealised||investment||losses||(3,096,672)|(3,096,672)|
|Transfer to|trust for application||||||(883,104)|(883,104)|
|Additional
funds invested||||||200,000||200,000|
|Trust for investment||at30June||2022||18,462,108|17,748,613|36,210,721|
|Reprelnted
Investment|by:
in Charities|Inveslment||Pool|(Tolal Return)|||36,210,721|
##
##
##
|The funds o|fthe cha|ri|ty|for|the year|ended 30Ju|ne 2022|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Balance|||Transfers|Other|Balance|
|||||||1 July|Incoming|Resources|between|gains &|30June|
|||||||2021|resources|expended|funds|losses|2022|
|||||||E|E|E|E|E||
|Unrestricted|enerai|fund||||||||||
|Haberdashers'|Foundation|||||||||||
|Unrestricted
general
funds||||||287,528|97,951|264,120|22,845|36,610|180,814|
|Restricted funds||||||||||||
|Haberdashers'|Foundation|||||||||||
|Donor restricted
funds||||||76994|116,955|114,175|||79,774|
|Haberdashers'|Educational|||Foundation||||||||
|Thomas Aldersey
School|||Fund|||18,643|2,499|(11,887)|13,619|3,070|25,944|
|Thomas Aldersey
Repair|||Fund|||3,898|||350||4,248|
|Thomas Arno|Fund|||||86,872|3,058|(51,470)|63,955|10,796|113,211|
|Dyson Memorial
Fund||||||14,752|1,037|(5,218)|5,472||16,043|
|Ezra Fund||||||10,576|758|(4,525)|5,550|205|12,564|
|Further
& Higher Education||||Fund||249,094|13,717|(120,719)|51,478|49,720|243,290|
|F Pritchard
Fund||||||8,816|281|(2,222)|2,344|1,043|10,262|
|Haberdashers'|St Catherine|||Foundation||134,745|4,334|(39,232)|62,731|14,554|177,132|
|Monmouth
School Scholarships|||||Fund|121,222|1,622|(25,286)|51,975|3,924|153,457|
|Prize Fund||||||16,547|11,692|(12,114)|||16,125|
|Pamela
K Pye|Fund|||||4,101|6,927|(7,311)|||3,717|
|Schroders
&Haberdashers||||Educational||||||||
|Foundation||||||20,621|475|(22,134)|22,423|854|22,239|
|Travel Scholarships
Fund||||||19,904|322|(17,753)|18,506|1,025|22,004|
|Throckmorton|Trotman|Fund||||60,647|3,103|(35,713)|39,131|11,520|78,688|
|Other||||||212|||||212|
|||||||770 650|49,824|355,584|337,534|96711|899136|
|Haberdashers'|Benevolent|||Foundation||||||||
|General funds||||||111,263|3,090|(444,077)|487,011|4,039|161,326|
|Hobby Fund||||||171,620||||8,802|162,818|
|||||||282,883|3,090|444 077|487,011|4,763|324,144|
|Haberdashers'|Christian||Foundation|||78,079|10,000|33,513|38,750|6,832|100,148|
|Total restricted|funds|||||1,208,606|179,870|947349|863295|98,780|1,403,202|
##
##
##
||||Balance|||Transfers|Other||Balance|
|---|---|---|---|---|---|---|---|---|---|
||||1 July|Incoming|Resources|between|gains &||30June|
||||2021
8|resources
E|expended
E|funds
E|losses
f||2022
E|
|Ex
ndable endowment|funds|||||||||
|Haberdashers'
Foundation|||509,231||||39,592||469,639|
|Haberdashers'
Educational|Foundation|||||||||
|Dyson Memodal
Fund|||243,565|5,472||(5,472)|(19,188)||224,377|
|Ezra Fund|||247,166|5,550||(5,550)|(19,463)||227,703|
|Haberdashers'
St Catherine|Foundation||2,792,168|62,731||(62,731)|(219,969)|'|2,572,199|
|Monmouth
School Scholarships||Fund|575,713|13,064||(13,064)|(45,811)||529,902|
|Schroders & Haberdashers|Educational|||||||||
|Foundation|||998,052|22,423||22,423|78628||919,424|
||||4,856,664|109,240||109,240|383,059||4473,605|
|Haberdashers'
Benevolent|Foundation||2,810,318||||221,396||2,588,922|
|Total expendable
foundation|funds||8,176,213|109240||109240|644,047||7,532,166|
|Permanent
endowment
funds||||||||||
|Haberdashers'
Foundation|||523,741|22,845||22,845|40,516||483,225|
|Haberdashers'
Educational|Foundation|||||||||
|Thomas Aldersey School Fund|||696,597|13,969||(13,969)|(48,985)||647,612|
|Thomas Arno Fund|||2,846,682|63,955||(63,955)|(224,264)||2,622,418|
|Further
& Higher Education|Fund||2,291,302|51,478||(51,478)|(180,511)||2,110,791|
|F Pritchard
Fund|||104,317|2,344||(2,344)|(8,218)||96,099|
|Monmouth
School Scholarships||Fund|1,731,927|38,911||(38,911)|(136,443)||1,595,484|
|Pdze Fund|||395,338||||(29,929)||365,409|
|Pamsla
K Pye Fund|||234,825||||(17,809)||217,016|
|Travel Scholarships
Fund|||823,690|18,505||(18,505)|(64,891)||758,799|
|Throckmorton
Trotman
Fund|||1,741,743|39131||39,131|137,216||1 604527|
||||10,866,421|228,295||228295|848,266||10,018,155|
|Haberdashers'
Benevolent|Foundation||18,821,397|487,011||487,011|1 482,741||17,338,656|
|Haberdashers'
Christian
Foundation|||1,635,430|38,750||38,750|128841||1,506,589|
|Total pennanentendowmentfunds|||31 846,989|776,900||776,900|2500 364||29,346,625|
|Total endowment
funds|||40,023,303|886,140||886 140|3,144,411||36,878,791|
|Total Charity Funds|||41,519,336|1,163,961|1 211,469||3009,021||38,462,807|