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`CONTENTS`	`PAGE`
`LegalandAdministrativeDetails`	`2`
`Trustee’sReport`	`4`
`IndependentAuditors’Report`	`12`
`StatementofFinancialActivities`	`15`
`BalanceSheet`	`16`
`CashFlowStatement`	`17`
`NotestotheFinancialStatements`	`19`

`Foundation`	`Charitableobjects`
`TheHaberdashers’Foundation`	`TheFoundation’sincomemaybeusedforanycharitablepurposeanywherein`
	`theworld.`
`TheHaberdashers’Educational`	`TheFoundationwascreatedin2002,withthepurposeofadvancingeducation.`
`Foundation`	`TheFoundationinitiallyhadnineseparatecharitablefunds,withfurtherfunds`
	`addedsubsequently.Thereare13separatecharitablefundslinkedtothe`
	`Foundation.Furtherdetailsofthepurposesofthese fundsareprovidedinnote`
	`11totheaccounts.ReferencestoTheHaberdashers’EducationalFoundation`
	`inthisreportaretobothTheHaberdashers’EducationalFoundationitselfand`
	`allthecharitablefundslinkedtoit.`

`TheHaberdashers’Christian`	`TheobjectoftheFoundationistofurtherthereligiousandothercharitablework`
`Foundation`	`oftheChurchofEngland,particularlyinrelationtotheCompany'seightchurch`
	`patronages.`
	`Thepatronagesare:`
	`-` `AllSaints,NewCross,London`
	`-` `TheWigstonBenefice,Leicester`
	`-` `NewnhamwithAwre& Blakeney,Gloucestershire`
	`-` `§&t.Boniface,Bunbury,Cheshire`
	`-` `§t.Catherine’s,Hatcham,London`
	`-` `St.JohntheBaptist,Hoxton,London`
	`-` `AlbrightonwithBoningdaleandDonington,Shropshire`
	`-` `§t.PeterwithAllSaints,Chertsey,Surrey`
`TheHaberdashers’Benevolent` `Foundation`	`TheprimaryobjectoftheFoundationisthereliefofpersonswhoareinneed,` `hardshipordistress,withthemajorityofgrantsawardedrestrictedtopoverty` `relief.IntheFoundation’sgoverningschemeupto4%ofincomemaybeused`
	`tohelppersonsinneedtosetupinbusinessandupto19%ofincomemaybe`
	`usedforanycharitablepurposesattheTrustee’sdiscretion.`

`Foundation`	`ActivitiesintheYear`
`TheHaberdashers’Foundation`	`Effortscontinuetoincreasebothnumbersofdonorsandlevelsofcommitment.`
	`TheworkoftheFoundationisregularlypublicisedtomembersinofflineand`
	`digitalpublicationsandatCompanyevents.`
`TheHaberdashers’Educational`	`Detailsoftheactivitiesduringtheyearofthe13charitablefundslinkedtoThe`
`Foundation`	`Haberdashers’EducationalFoundationaresetoutinNote11 totheaccounts.`
`TheHaberdashers’Christian`	`AsPatronofeightChurchofEnglandlivings,theFoundationmakesregular`
`Foundation`	`grantstotheparishesconcerned.Fundstotalling£16,000weredirectedtothe`
	`eightparishesin2023/24.`
	`Todevelop` `acloserelationshipwiththe` `livings,` `aCompanymember` `is`
	`appointedascontactforeachparishandtheCharitiesCommitteereceivesa`
	`reportfromoneoftheparishesateachmeeting.Theincumbentsareinvitedto`
	`theCompany’sGoldenLectureeachyear,throughwhichtheFoundationaims`
	`togivewell-qualifiedspeakerstheopportunityofaddressinganaudienceon`
	`subjectsoftopicalinterestwitha Christiantheme.The2024Lecturewasheld`
	`at` `StBartholomew's` `the` `Less` `andwas` `a` `conversation` `between` `Imam`
	`MohammedMahmoudandtheReverendGrahamHunter.Theincumbents`
	`alsomeetregularly;themeetingsarechairedby` `amemberoftheCharities`
	`Committee.`
`TheHaberdashers’Benevolent`	`TheCharitiesstrategicreviewthattookplaceinMarch2023cameintoeffect`
`Foundation`	`from` `1July2023andisreportedonintheseaccounts.`
	`TheFoundationaimstohelpthemorevulnerableandmarginalisedmembers`
	`ofsociety,` `includingO-5-year-olds(foundationyears),youngpeoplewho`
	`experiencedisadvantage,youngpeoplewithexperienceofthecustodysystem`
	`andyoungpeoplewhoexperiencehomelessness.`
	`Ingeneral,theFoundationsupportscharitieslocated` `inthevicinityofour`
	`SchoolsandChurchPatronages,aswellasintheCityofLondon.`
	`TheFoundationhassupporteda widerangeofcharitiesduringtheyearand`
	`endeavourstomaintaincloselinkswithcharitiestowhich` `ithasgivenmore`
	`substantialfundingorhasa longhistoryofsupport.`
	`Thefourmajorgrantsawardedin2023/24were:`
	`e` `£50,000toEYFoundation,tosupporttheirSmartFuturesprogramme`
	`andemployabilityworkshops.`
	`e` `£50,000toConstructionYouthTrust,` `tofundtheirtargetedsupportfor`
	`excludedyoungpeoplewhoareNEET(“NotinEducation,Employment`
	`orTraining”.)`
	`e` `£45,000toSchoolHomeSupport,tofundtheirworktoaddresspersistent`
	`absenceinschools.`
	`e` `£50,000toNewHorizonYouthCentretosupportworkwithyoungpeople`
	`whoexperiencehomelessness`

	`Furtherawardsweremade` `tocharitieswhoseworkaligns` `itself`	`Furtherawardsweremade` `tocharitieswhoseworkaligns` `itself`	`to`	`the`
`TheHaberdashers’Benevolent`	`Haberdashers’ancientart:`
`Foundation(cont.)`	`e`	`Agrantof£30,300totheRoyalCollegeofArtfortheRoyalCollegeof`
		`Art/Haberdashers’TextileScholarships.`
	`e`	`Agrantof£12,500wasmadetoTheRoyalSchoolofNeedlework`	`for`	`the`
		`FutureTutorsprogrammeandHaberdasherprizesforembroidery`		`and`
		`embellishment.`
	`e`	`Agrantof£15,000wasmadetoLondonCollegeofFashion`	`for`	`the`
		`Haberdashers’/LCFFashionScholarship.`
	`The`	`Trusteesupportsseveralinitiativesthathelpyoungpeopletostarttheir`
	`own`	`businessesincluding:`
	`e`	`Agrantof£12,000totheUniversityofEastLondonwhichfunds`		`the`
		`Haberdashers’EntrepreneurAwards.`

`Foundation`	`Foundation`		`Freereservesat`	`\|Reservespolicy`
			`yearend`
			`£`
`The`	`Haberdashers’Foundation`		`493,706`	`\|Toretainsufficientunrestricted`	`reserveswhichtogether`
				`with` `the` `expendable` `endowment` `covers` `one` `year’s`
				`anticipatedfinancialcommitment`	`onnewprojects.` `The`
				`currentreservesmeetthistarget.`
`The`	`Haberdashers’Educational`		`733,472`	`\|TheTrustee'sreservespolicyisto`	`retain freereservesfund`
`Foundation`				`byfund,varyingfromzeroupto`	`oneyear’sexpenditure`
				`depending` `on` `whether` `grants`	`are` `awarded` `singly` `or,`
				`conditionally,overlongerperiods.` `Thecurrentreserves`
`The` `Haberdashers’` `Foundation` `TheHaberdashers’` `Foundation` `Totalfreereserves`		`Christian` `Benevolent`	`87,455` `251,162` `1,565,795`	`meetthistarget.` `\|TheTrustee’sreservepolicyistoretainsufficientgeneral` `reservestocoverannualpayments.Thecurrentreserves` `meetthistarget.` `\|Thepolicyistoretainsufficientrestrictedfundstoallowthe` `Charitytosupporta proportionofitsannualgrant-making` `programme.Thecurrentreservesmeetthistarget.`

30 April 2025

		`Unrestricted`	`Restricted`	`Endowment`	`Total`	`Total`
	`Note`	`General`	`Funds`	`Funds`	`2024`	`2023`
		`Fund`				`Restated*`
		`£`	`£`	`£`	`£`	`£`
`Incomeandendowments`
`from:`
`Donationsandlegacies`		`188,947`	`7,369`	`-`	`196,316`	`395,839`
`Investmentincomefrom:`
`Totalreturnallocatedto`	`6`
`income`		`30,965`	`968,194`	`(999,159)`	`-`	`-`
`Otherinvestmentincome`		`-`	`17,765`	`-`	`17,765`	`16,843`
`Interestreceivable`		`26,051`	`35,899`	`-`	`61,950`	`54,803`
		`245,963`	`1,029,227`	`(999,159)`	`276,031`	`467,485`
`Expenditureon:`
`Charitableactivities`
`Education& training`		`52,625`	`663,383`	`-`	`716,008`	`695,709`
`Welfare`		`3,070`	`269,623`		`272,693`	`256,618`
`Christianity& theChurch`		`-`	`39,888`		`39,888`	`37,105`
	`2`	`55,695`	`972,894`	`-`	`1,028,589`	`989,432`
`Net(losses)/gainson`
`investments`	`5`	`(5,798)`	`4,518`	`5,299,798`	`5,298,518`	`1,531,160`
`Netincome`		`184,470`	`60,851`	`4,300,639`	`4,545,960`	`1,009,213`
`Netmovementinfunds`		`184,470`	`60,851`	`4,300,639`	`4,545,960`	`1,009,213`
`Reconciliationoffunds:`
`Fundbalancesbrought`
`forward`		`309,236`	`1,290,970`	`37,871,814`	`39,472,020`	`38,462,807`
`Fundbalancescarried`
`forward`	`10`	`493,706`	`1,351,821`	`42,172,453`	`44,017,980`	`39,472,020`

	`Note`	`2024` `£`	`2023` `£`
`Fixedassets`
`Tangibleassets` `Investments`	`anh`	`67,187` `42,285,658` `42,352,845`	`67,187` `38,699,258` `38,766,445`
`Currentassets` `Debtors` `Investments` `Cashatbankandinhand`		`79,975` `12,700` `1,936,941` `2,029,616`	`86,542` `277,800` `706,467` `1,070,809`
`Liabilities` `Creditors:amountsfallingduewithinoneyear`		`(239,481)`	`(248,484)`
`Netcurrentassets`		`1,790,135`	`822,325`
`Totalassetslesscurrentliabilities`		`44,142,980`	`39,588,770`
`Creditors:amountsfallingdueaftermorethanoneyear`		`(125,000)`	`(116,750)`
`Totalnetassets`		`44,017,980`	`39,472,020`
`TheFundsoftheFoundation:` `Endowmentfunds` `Restrictedfunds` `Unrestrictedgeneralfund`		`42,172,453` `1,351,821` `493,706`	`37,871,814` `1,290,970` `309,236`
`Totalfunds`		`44,017,980`	`39,472,020`

`earended30June2024`
	`2024`	`2024`	`2023`	`2023`
	`£`	`£`	`£`	`£`
			`Restated*`	`Restated*`
`Netcashusedinoperatingactivities`		`(826,459)`		`(882,673)`
`Cashflowsfrominvestingactivities:`
`Withdrawals`	`1,712,118`		`883,571`
`Investmentincome`	`79,715`		`71,646`
`Netcashprovidedbyinvestingactivities`		`1,791,833`		`955,217`
`Changeincashandcashequivalentsinthe`
`reportingperiod`		`965,374`		`72,544`
`Cashandcashequivalentsatthebeginningof`
`thereportingperiod`		`984,267`		`911,723`
`Cashandcashequivalentsattheendofthe`
`reportingperiod`		`1,949,641`		`984,267`

`ETCASHPROVIDEDBYOPERATINGACTIVITIES`
	`2024`	`2023`
	`£`	`£`
`Netincomeforthereportingperiod`	`4,545,960`	`1,009,213`
`Adjustmentsfor:` `(Gains)oninvestments` `Investmentincome` `(Decrease)increditors` `Decrease/(increase)indebtors` `Receiptofendowment(investmentsreceivedasdonationsinkind)`	`(5,298,518)` `(79,715)` `(752)` `6,566` `-`	`(1,531,160)` `(71,646)` `(71,702)` `(17,333)` `(200,045)`
`Netcash usedinoperatingactivities`	`(826,459)`	`(882,673)`
`NALYSISOFCASHEQUIVALENTS`
	`2024`	`2023`
	`£`	`£`
`Cashinhand` `Investments(currentassets)`	`1,936,941` `12,700` `1,949,641`	`706,467` `277,800` `984,267`

	`At1 July2023`	`Cashflows`	`At 30June2024`
	`£`	`£`	`£`
`Cashinhand` `Investment(currentassets)` `Netfunds`	`706,467` `277,800` `984,267`	`1,230,474` `(265,100)` `965,374`	`1,936,941` `12,700` `1,949,641`

	`Grants`	`Otherdirect`		`Support`	`_Totalcosts`	`Totalcosts`
	`awarded`	`costs`		`costs`	`2024`	`2023`
	`(Note3)`			`(Note2a)`
	`£`				`£`	`£`
				`£`
`Charitableexpenditure:`
`Christianity& theChurch`	`36,083`		`-`	`3,805`	`39,888`	`37,105`
`Education& training`	`633,746`	`2,663`		`79,599`	`716,008`	`695,709`
`Welfare`	`237,730`		`-`	`34,963`	`272,693`	`256,618`
	`907,559`	`2,663`		`118,367`	`1,028,589`	`989,432`
`ote2a— Supportcosts`
		`Support`		`Governance`	`Totalcosts`	`Totalcosts`
		`costs`		`costs`	`2024`	`2023`
					`£`	`£`
		`£`		`£`
`Allocateddirect:`
`AuditfeepayabletotheFoundation’s`		`-`		`29,841`	`29,841`	`26,484`
`auditors`
`Legalfees`		`-`		`1,456`	`1,456`	`1,946`
`Otheradministrationcosts`		`859`		`-`	`859`	`1,644`
`Allocatedonthebasisofstafftime:`
`Salaries`		`62,707`		`10,720`	`73,427`	`65,745`
`Officefacilities`		`10,918`		`1,866`	`12,784`	`9,831`
		`74,484`		`43,883`	`118,367`	`105,650`

		`2024`	`2023`
		`£`	`£`
`Wages`	`andsalaries`	`52,660`	`49,043`
`National`	`insurance`	`7,267`	`6,663`
`Pension`	`costs`	`13,500`	`10,039`	`_`
		`73,427`	`65,745`

	`Education`	`Welfare`	`Total`
	`&Training`
`AlderseyChurchofEnglandPrimarySchool`			`12,019`
`Haberdashers’AbrahamDarbyAcademy`			`64,000`
`Haberdashers'AcademiesTrustSouth`			`52,707`
`Haberdashers’Adams`			`22,244`
`Haberdashers’Boys’School,Elstree`			`23,043`
`Haberdashers’Girls’School,Elstree`			`24,137`
`Haberdashers’MonmouthSchoolforBoys`			`58,046`
`Haberdashers’MonmouthSchoolforGirls`			`1,650`
`ConstructionYouthTrust`			`51,347`
`TheEYFoundation`			`50,725`
`GuildhallSchoolTrust`			`15,000`
`LondonCollegeofFashion`			`15,000`
`NewHorizonYouthCentre`			`50,000`
`RoyalCollegeofArt`			`30,300`
`RoyalSchoolofNeedlework`			`12,500`
`TheSmallTrust`			`11,140`
`SchoolHomeSupport`			`45,534`
`StBartholomew'sandTheRoyalLondon`			`6,000`
`SchoolofMedicine& Dentistry`
`TheUniversityofEastLondon`		`12,000`	`12,000`
`Grantstoinstitutionsupto£5,000`	`27,668`	`97,446`	`160,097`
`Grantstoindividuals`	`188,970`		`190,070`
`Total`	`633,746`	`237,730`	`907,559`

		`2024`	`2023`
		`£`	`£`
`(a)` `(b)` `(c)` `(d)` `(e)`	`InvestmentProperty` `Haberdashers’CharitiesInvestmentPool` `CommonInvestmentFunds` `DiversifiedPropertyFundforCharities` `PropertyIncomeTrustforCharities`	`8,000` `41,442,564` `835,094` `-` `-` `42,285,658`	`8,000` `37,199,794` `755,001` `471,966` `264,497` `38,699,258`

	`2024`	`2023`
	`£`	`£`
`Marketvalueasat1 July`	`37,199,794`	`36,210,721`
`Additions`	`-`	`200,045`
`Withdrawals*`	`(999,159)`	`(883,571)`
`Netgainsonrevaluation`	`5,241,929`	`1,672,599`
`Marketvalueasat30June`	`41,442,564`	`37,199,794`

`)CommonInvestmentFunds`
	`2024`	`2023`
	`£`	`£`
`Marketvalueasat1 July`	`755,001`	`745,055`
`Netgainsonrevaluation`	`80,093`	`9,946`
`Marketvalueasat30June`	`835,094`	`755,001`

`d)DiversifiedPropertyFundforCharities`
	`2024`		`2023`
	`£`		`£`
`Marketvalueasat1 July` `Withdrawals`	`471,966` `(456,342)`		`547,405` `-`
`Netlossesonrevaluation`	`(15,624)`		`(75,439)`
`Marketvalueasat30June`		`-`	`471,966`

	`2024`	`2023`
	`£`	`£`
`Marketvalueasat1 July`	`264,497`	`340,442`
`Withdrawals`	`(256,617)`	`-`
`Netlossesonrevaluation`	`(7,880)`	`(75,945)`
`Marketvalueasat30June`	`-`	`264,497`

	`Trustfor`	`Unapplied`	`Total`		`Total`
	`investment`	`TotalReturn`	`2024`		`2023`
	`£`	`£`	`£`		`£`
`Trustforinvestmentat1 July`	`18,662,153`	`18,537,641`	`37,199,794`		`36,210,721`
`Investmentreturns:`
`Realisedandunrealised`
`investmentgains/(losses)`	`-`	`5,241,929`	`5,241,929`		`1,672,599`
`Totalreturntransferredtoincome`	`-`	`(999,159)`	`(999,159)`		`(883,571)`
`Additionalfundsinvested`	`-`	`-`		`-`	`200,045`
`Trustforinvestmentat30June`	`18,662,153`	`22,780,411`	`41,442,564`		`37,199,794`
`epresentedby:`
`InvestmentinCharitiesInvestmentPool`	`(TotalReturn)`		`41,442,564`		`37,199,794`

	`2024`	`2023`
	`£`	`£`
`Accruedinterest`	`1,057`	`8,519`
`Taxrecoverableondonationsandinvestmentincome`	`54,244`	`54,196`
`Otherdebtors`	`5,290`	`4,443`
`Donations& fundraising`	`19,384`	`19,384`
	`79,975`	`86,542`

	`2024`	`2023`
	`£`	`£`
`Salariesandservicecharges(payabletorelatedparties— seenote2)`	`25,259`	`38,606`
`Auditfees`	`26,400`	`20,664`
`Grantspayable`	`187,822`	`185,600`
`Othercreditors`	`-`	`3,614`
	`239,481`	`248,484`
`9` `Creditors:amountsfallingdueaftermorethanoneyear`
	`2024`	`2023`
	`£`	`£`
`Interest-freeloanfromOldMonmothianClub`	`10,000`	`10,000`
`Grantspayable`	`115,000`	`106,750`
	`125,000`	`116,750`

	`Unrestricted`	`Restricted`	`Endowment`	`Balance`
	`GeneralFund`	`Funds`	`Funds`	`30June2024`
	`£`	`£`	`£`	`£`
`Tangibleassets`	`-`	`-`	`67,187`	`67,187`
`Fixedassetinvestments`	`303,438`	`196,522`	`41,785,698`	`42,285,658`
`Netcurrentassets`	`190,268`	`1,280,299`	`319,568`	`1,790,135`
`Creditorsdueinmorethanoneyear`	`-`	`(125,000)`	`-`	`(125,000)`
	`493,706`	`1,351,821`	`42,172,453`	`44,017,980`
	`Unrestricted`	`Restricted`	`Endowment`	`Balance`
	`GeneralFund`	`Funds`	`Funds`	`30June2023`
	`£`	`£`	`£`	`£`
`Tangibleassets`	`-`	`-`	`67,187`	`67,187`
`Fixedassetinvestments`	`204,052`	`532,411`	`37,962,795`	`38,699,258`
`Netcurrentassets`	`105,184`	`875,309`	`(158,168)`	`822,325`
`Creditorsdueinmorethanoneyear`	`-`	`(116,750)`	`-`	`(116,750)`
	`309,236`	`1,290,970`	`37,871,814`	`39,472,020`

		`Balance`	`Incoming`	`Resources`	`Othergains`	`Balance`
	`Note`	`1July`	`resources*`	`expended`	`&losses`	`30June`
		`2023`			`£`	`2024`
		`£`	`£`	`£`		`£`
`Unrestrictedfunds`
`Haberdashers'Foundation`
`Unrestrictedgeneralfunds`		`309,236`	`245,963`	`(55,695)`	`(5,798)`	`493,706`
`Restrictedfunds`
`Haberdashers'Foundation`
`Donorrestrictedfunds`		`88,681`	`-`	`-`	`-`	`88,681`
`Haberdashers'`
`EducationalFoundation`
`ThomasAlderseySchool`		`23,323`	`18,533`	`(17,055)`	`(540)`	`24,261`
`Fund`
`ThomasAlderseyRepair`		`4,598`	`-`	`a`	`-`	`4,598`
`Fund`
`ThomasArnoFund` `DysonMemorialFund` `EzraHistoryFund` `Further& Higher`	`“moO`	`99,096` `17,330` `13,807` `123,888`	`75,807` `7,517` `7,411` `68,497`	`(40,124)` `(5,744)` `(2,148)` `(173,452)`	`(1,565)` `-` `(168)` `(7,765)`	`133,214` `19,103` `18,902` `11,168`
`Education` `Fund`
`FlorencePritchardFund`		`10,585`	`2,849`	`(310)`	`(172)`	`12,952`
`Haberdashers'`
`St.CatherineFoundation`		`167,529`	`75,099`	`(42,247)`	`(2,686)`	`197,695`
`MonmouthSchool`
`ScholarshipsFund`		`158,754`	`64,686`	`(56,598)`	`(1,394)`	`165,448`
`PrizeFund`		`14,903`	`12,653`	`(13,122)`	`-`	`14,434`
`PamelaK PyeFund`		`3,548`	`7,570`	`(7,684)`	`-`	`3,434`
`Schroders&`
`Haberdashers`		`21,696`	`25,866`	`(22,949)`	`(132)`	`24,481`
`EducationFoundation`
`TravelScholarshipsFund`		`21,226`	`21,271`	`(19,437)`	`(160)`	`22,900`
`ThrockmortonTrotman`		`71,283`	`46,467`	`(35,143)`	`(1,937)`	`80,670`
`Fund`
`Other`		`212`	`-`	`-`	`-`	`212`
		`751,778`	`434,226`	`(436,013)`	`(16,519)`	`733,472`
`Haberdashers'Benevolent`
`Foundation`
`GeneralFunds` `Hobbyfund`	`oo`	`185,344` `168,815`	`551,911` `-`	`(485,960)` `-`	`(133)` `22,236`	`251,162` `191,051`
		`354,159`	`551,911`	`(485,960)`	`22,103`	`442,213`
`Haberdashers'Christian`
`Foundation`		`96,352`	`43,090`	`(50,921)`	`(1,066)`	`87,455`
`Totalrestrictedfunds`		`1,290,970`	`1,029,227`	`(972,894)`	`4,518`	`1,351,821`

			`Balance`	`Incoming`	`Resources’`	`Othergains`	`Balance`
		`Note`	`1July`	`resources*`	`expended`	`&losses`	`30June`
			`2023`			`£`	`2024`
			`£`	`£`	`£`		`£`
`Expendableendowment`
`funds`
`Haberdashers’`	`Foundation`		`479,076`	`(14,135)`	`-`	`67,049`	`531,990`
`Haberdashers'`
`Educational`
`Foundation`
`DysonMemorialFund` `EzraHistoryFund`		`mo`	`229,293` `232,690`	`(6,159)` `(6,247)`	`-` `-`	`32,310` `32,771`	`255,444` `259,214`
`Haberdashers'`
`St.Catherine`	`Foundation`	`=`	`2,628,562`	`(70,601)`	`-`	`370,398`	`2,928,359`
`MonmouthSchool`
`Scholarship`	`Fund`		`541,640`	`(14,704)`	`-`	`77,137`	`604,073`
`Schroders&`
`Haberdashers`			`939,571`	`(25,236)`	`-`	`132,398`	`1,046,733`
`EducationFoundation`
			`4,571,756`	`(122,947)`	`-`	`645,014`	`5,093,823`
`Haberdashers'`	`Benevolent`
`Foundation`			`2,645,650`	`(71,059)`	`-`	`372,799`	`2,947,390`
`Totalexpendable`
`endowment`			`7,696,482`	`(208,141)`	`-`	`1,084,862`	`8,573,203`
`fund`
`Permanent`	`endowment`
`funds`
`Haberdashers’`	`Foundation`		`689,928`	`(16,830)`	`-`	`95,405`	`768,503`
`Haberdashers'`
`Educational`
`Foundation`
`ThomasAlderseySchool` `Fund`		`ww`	`660,163`	`(15,722)`	`-`	`82,484`	`726,925`
`ThomasArno`	`Fund`	`QO`	`2,679,881`	`(71,979)`	`-`	`377,629`	`2,985,531`
`Further& Higher`
`Education`	`Fund`	`7`	`2,157,043`	`(57,937)`	`-`	`303,958`	`2,403,064`
`FlorencePritchardFund`		`@`	`98,205`	`(2,638)`	`-`	`13,837`	`109,404`
`MonmouthSchool`
`Scholarships`	`Fund`		`1,630,445`	`(43,792)`	`-`	`229,761`	`1,816,414`
`PrizeFund`			`367,887`	`-`	`-`	`36,301`	`404,188`
`PamelaK PyeFund`			`218,487`	`-`	`-`	`21,559`	`240,046`
`TravelScholarshipsFund`			`775,426`	`(20,827)`	`-`	`109,268`	`863,867`
`Throckmorton`	`Trotman`		`1,639,686`	`(44,041)`	`-`	`231,053`	`1,826,698`
`Fund`
			`10,227,223`	`(256,936)`	`-`	`1,405,850`	`11,376,136`
`Haberdashers'`	`Benevolent`
`Foundation`			`17,718,579`	`(475,899)`	`-`	`2,496,730`	`19,739,410`
`Haberdashers'`	`Christian`
`Foundation`			`1,539,602`	`(41,353)`	`-`	`216,951`	`1,715,200`

`Totalpermanent`	`Totalpermanent`
`endowment`		`30,175,332` `(791,018)` `-` `4,214,936` `33,599,250`
`fund`
`Total`	`endowmentfunds`	`37,871,814` `(999,159)` `-` `5,299,798` `42,172,453`
`Total`	`Charityfunds`	`39,472,020` `276,031` `(999,589)` `5,298,518` `44,017,980`
`*Incomingresourcesincludestransfersfromendowedfundstotheunrestrictedandrestrictedfundsduetothe`
`allocationoftotalreturntoincome.`		`Fortheendowmentfundsthismovementisshownasa negative` `inincoming`
`resources,whilefortheunrestricted`		`andrestrictedfundsthesearepositivesreflectingtheallocationofthetotalreturn`
`toinvestmentincome.`
`Ref`	`\|Fundname`	`Objectsandactivities`
`A`	`Haberdashers’`	`This` `reflects` `miscellaneous` `donations` `given` `by` `donors` `for` `specific`
	`Foundationrestricted`	`purposes.Thefundsarespentinaccordancewithapplicablerestrictions.`
	`funds`
`B`	`ThomasAlderseySchool`	`\|Theobjectofthefundistheprovisionofitems,servicesandfacilitiesfor`
	`Fund`	`BunburyAlderseyChurch` `ofEngland` `Primary` `School.Anamount` `of`
		`£12,000waspaidtotheschoolforuseinaccordancewiththeobject.`
`Cc`	`TheThomasArnoFund`	`Theobjectsofthefundaretheprovisionofitems,servicesandfacilitiesfor`
		`theHaberdashers’schoolsandthepromotionofeducationofpupilsand`
		`formerpupilsoftheHaberdashers’schools.36grantstotalling£31,720`
		`weremadetotheschools,currentandformerpupils, as well asforstaff`
		`bursaries.`
`D`	`DysonMemorialFund`	`Theobjectofthefund` `isthereliefofpovertyofpupils,formerpupilsor`
		`parentsofcurrentpupilsofHaberdashers’Aske’sHatchamCollege.` `The`
		`fundisavailablefortravelgrantsforpupilsoftheCollege,whocannotafford`
		`schooltrips.PaymentismadeperiodicallytotheCollegetotopupitsfund`
`E` `F`	`EzraFund` `TheFurtherandHigher` `EducationFund`	`forthispurpose.Fundsof£5,000werepaidtotheschoolintheyear.` `Lord` `Ezra,` `anOldMonmothianandLiverymanHonorisCausa` `ofthe` `Haberdashers’Company,endoweda newfundin2003/04tosupportan` `enterpriseinitiativebenefitingpupilsofHaberdashers’schools.Thisfund` `supportedtheMonmouthEnterpriseInitiative.` `The` `object` `of` `the` `fund` `is` `to` `promoteeducation` `by` `the` `provision` `of` `scholarships,grantsorawardstopersonsundertakinga courseoffurther` `orhighereducation,` `with` `apreference` `forpupils` `orex-pupils` `ofthe` `Haberdashers’Schoolsandpersonsundertakinga courseofdivinity.` `Themajorityofthefundsavailable` `intheFurther andHigherEducation` `Fundareusedtoprovideuniversityscholarshipsandbursariesforpupils` `andformerpupilsofHaberdashers’schools.Nominationsaremadebythe` `schoolsandaretenableoverthewholeofa student’suniversitycareer.In` `manycasestheseawardsenablestudentswho maynototherwisehave` `consideredgoingtouniversitytodoso.Themajorityofawardeesreceive`

	`£1,000perannumforthedurationoftheiruniversitycourse.In2023/24,18`
	`newawardsweremadeduringtheyearata costof£58,000.`
	`ThebeneficiariesoftheJestonDivinityScholarshipsarenominatedby`
	`TrinityCollege,Cambridge,withthecurrentlevelofawardsbeing£1,000`
	`foreach` `undergraduate` `scholarship` `and` `£1,000` `perannum` `for` `the`
	`postgraduatescholarship.`
	`Inaddition,theFurtherandHigherEducationFundissupportinguniversity`
	`sciencescholarshipsforformerpupilsofHaberdashers’Adams,awards`
	`whichcoverfullEnglandandWalesuniversitytuitionfees(currently£9,250`
	`perannum).` `In2023/24thegrantsfortheseawardswere£111,000.The`
	`Trusteesexpectthefundsfortheseawardstobemetinthenearfutureby`
	`asubstantiallegacy.Thelegacyhasyettoberecognisedasincoming`
	`resources` `in` `theStatement` `ofFinancial` `Activities` `as` `the` `criteria` `for`
	`recognitionhaveyettobemet.TheCharityexpectstoreceivethisincome,`
	`howeverthereremainsuncertaintyovertheprecisevalueandtimingof`
	`receipts.Nonetheless,theTrusteesexpectthatthepositionoftheFundwill`
	`besubstantiallystrengthenedbythislegacywhentheincomeisreceived.`
`Haberdashers’`	`TheFoundation’sobjectsmaybesummarisedas:`
`St.CatherineFoundation`	`e` `providingfinancialhelptowardsthecostofeducationofpupilsof`
	`Haberdashers’andotherschoolswhoareinfinancialneed,whilst`
	`atschoolorreceivingfurthereducation;and`
	`e` `providingfinancialsupporttocharitablefoundationsorforsuch`
	`othercharitablepurposesas theHaberdashers’Companyshallin`
	`itsabsolutediscretiondetermine.`
	`TheFoundation’sactivitiesare:`
	`(i)` `TheawardofbursariestopupilsofHaberdasherschoolsincases`
	`ofunforeseenfamilyhardship,normallytohelp pupilscompletethe`
	`finalexaminationyearof` `aGCSEorA-levelcourse.`
	`(ii)` `Benjamin` `Barkermusic` `grant` `to` `the` `Haberdashers’` `Hatcham`
	`College.A grantof£2,000wasmadetosupporttheworkofthe`
	`musicdepartment.`
	`(iii)` `GrantstoHaberdasherstate-maintainedschoolsforpupil-related`
	`expenses(suchasschooltrips)orforprojectsofbenefitstopupils.`
`TheMonmouthSchool`	`Theobject` `ofthefund` `is` `topromoteeducation` `by` `the` `provision` `of`
`ScholarshipsFund`	`scholarships,grantsorawardstopupilsorintendedpupilsofMonmouth`
	`School,witha preferenceforthosewhosefinancialcircumstancesorthose`
	`oftheirparentsmayprecludethemfromotherwiseattendingtheschool.`
	`Scholarshipstotalling£49,746wereawardedfromthefundin2023/24.`
	`TheFundhasreceivedthebenefitofunsecured,interest-freeloansover`
	`severalyearstotalling£50,000fromtheOldMonmothianClub,ofwhich`
	`£40,000` `has` `been` `subsequently` `converted` `into` `donations` `to` `the`
	`expendableendowmentfund.Theloanbalanceremainingwas£10,000at`
	`30June2024.`
`ThePrizeFund`	`Theobjectofthefund` `istofurthertheeducationofpupilsattendingthe`
	`Haberdashers’Schoolsbytheawardofprizesorothersuitablemarksof`
	`distinction.Thecapitalofthefundcomprisesmoniesgivenovertheyears`
	`bydonorsconnectedwiththeschools,oftennamingprizesinmemoryof`
	`particularindividuals.` `Aproportionateamountofthefundisheldforeach`
	`schoolanddistributionsaremadeeachacademicyear.Thetotalamount`
	`distributedin2023/24was£12,000.`

`ThePamelaK.PyeFund`	`Theobjectofthefund` `istoadvancetheeducationofthepupilsofthe`
	`Haberdashers’Aske’sSchool` `forGirls,` `Elstree,with.apreference` `for`
	`assistingthemusicdepartmentorlibraryoftheSchool.` `Fundstotalling`
	`£7,000werepaidtotheschoolin2023/24.`
`TheSchroders’and` `Haberdashers’` `EducationalFoundation` `(SHEF)`	`SHEFwascreatedforthebenefitoftheHaberdashers’schoolsin1997and` `joinedtheHaberdashers’EducationalFoundation` `in2005.` `Duringthe` `2023/24` `year,` `SHEFawarded` `5` `grants` `totalling` `£20,000.` `The` `fund` `supportedthecostsofguestspeakersinschoolsforHaberdashers’Knights` `Academyandthecreationofa PrintStudioatHaberdashers’Borough`
	`Academy.`
`TheTravelScholarships`	`Theobject` `ofthefund` `is` `topromoteeducation` `by` `the` `provision` `of`
`Fund`	`scholarships,grantsorawardstopersonsundertakinga courseoffurther`
	`orhighereducation,ora whollyeducationalexpedition,outsidetheUnited`
	`Kingdom,witha preferencetopupilsorformerpupilsoftheHaberdashers’`
	`schools.` `Awardsmayexceptionallybemade,uptoa defined` `limit,for`
	`inwardscholarshipsofthisnature,totheUnitedKingdombutinpractice`
	`thesearerare.`
	`Reportsarereceivedfrombeneficiariesontheirreturn,as` `ameansof`
	`evaluatingwhethertheirobjectiveswerefulfilled.Awardstotalling£17,000`
	`weremadein2023/24forpupilstravellingtoKenya,Tanzania,Ugandaand`
	`Europe.`
`Throckmorton`	`Theobjectofthefundistopromotetheeducationofpersonsundertheage`
`TrotmanEducational`	`of25whoareinneedoffinancialassistanceandareresidentinGreater`
`Fund`	`London.` `Exhibitionshavecustomarilybeenawardedasfollows:`
	`(i)` `SeniorExhibitions`
	`Toprovideexhibitionstenableatuniversitiesandothercollegesof`
	`furthereducationtoapplicantsbetweentheagesof16and24years,`
	`inpracticeonlytoqualifyingformerpupilsofHaberdashers’schools.`
	`(ii)` `JuniorExhibitions`
	`To` `provide` `exhibitions` `tenable` `atsecondary` `schools` `or` `other`
	`educationalinstitutionstoapplicantsbetweentheagesof11and14`
	`years.Theawardsformpartofthebursary fundingtoassistpupils`
	`whoseparentshavefinancialneed.` `Twoawardstotalling£30,000`
	`weremadein2023/24.`
`Haberdashers’`	`Generalfunds`
`BenevolentFoundation`	`IntheFoundation’sgoverningschemeupto4%ofincomemaybeusedto`
	`helppersonsinneedtosetupinbusinessandupto19%ofincomemay`
	`beusedforanycharitablepurposesattheTrustee’sdiscretion.`
	`HobbyFund`
	`The` `restricted` `Hobby` `fundwas` `created` `in` `theformerHaberdashers’`
	`EleemosynaryCharity,arisingfromtheCharityofJohnHobby.` `Undera`
	`SchemeoftheCharityCommissionmadein1984,thefundisrequiredto`
	`accumulateuntil2051,whenitwillbeaddedtotheFoundation’spermanent`
	`endowmentfund.`
	`ExpendableEndowmentFund`
	`TheTrusteehasthepowertoconvertexpendableendowmentintoincome`
	`butpreferstoinvestitinordertocreateincomeforannualcharitablegrants.`

	`Unrestricted`	`Restricted`	`Endowment`	`Total`
	`GeneralFund`	`Funds`	`Funds`	`2023`
	`£`	`£`	`£`	`£`
`Incomeandendowmentsfrom:`
`Donationsandlegacies`	`130,272`	`65,522`	`200,045`	`395,839`
`Investmentincomefrom:`
`Totalreturnallocatedtoincome`	`26,640`	`856,931`	`(883,571)`	`-`
`Otherinvestmentincome`	`.`	`16,843`	`-`	`16,843`
`Interestreceivable`	`11,402`	`34,951`	`8,450`	`54,803`
	`168,314`	`974,247`	`(675,076)`	`467,485`
`Expenditureon:`
`Charitableactivities`
`Grantsawarded`	`9,231`	`980,201`	`-`	`989,432`
	`9,231`	`980,201`	`-`	`989,432`
`Net(losses)/gainsoninvestments`	`(30,661)`	`(114,727)`	`1,676,548`	`1,531,160`
`Netincome/(expenditure)`	`128,422`	`(120,681)`	`1,001,472`	`1,009,213`
`Netmovementinfunds`	`128,422`	`(120,681)`	`1,001,472`	`1,009,213`
`Reconciliationoffunds:`
`Fundbalancesbroughtforward`	`180,814`	`1,403,202`	`36,878,791`	`38,462,807`
`Fundbalancescarriedforward`	`309,236`	`1,290,970`	`37,871,814`	`39,472,020`

		`Grantsawarded`	`Otherdirect`	`Support`	`Totalcosts`
			`costs`	`cost`	`2023`
		`£`
			`£`		`£`
				`£`
`Charitableexpenditure:` `Christianity& theChurch`		`32,278`	`-`	`4,827`	`37,105`
`Education&` `Welfare`	`training`	`624,199` `225,812`	`1,493` `-`	`70,017` `30,806`	`695,709` `256,618`
		`882,289`	`1,493`	`105,650`	`989,432`

`upportcosts`
	`Support`	`Governance`	`Totalcosts`
	`costs`	`costs`	`2024`
	`£`	`£`	`£`
`Allocateddirect:` `AuditfeepayabletotheCharity’sauditors`	`-`	`26,484`	`26,484`
`Legalfees`	`-`	`1,946`	`1,946`
`Otheradministrationcosts`	`1,644`	`-`	`1,644`
`Allocatedonthebasisofstafftime:` `Salaries` `Officefacilities`	`56,145` `8,396`	`9,600` `1435`	`65,745` `9,831`
	`66,185`	`39,465`	`105,650`

	`Education`	`Welfare`	`Christianity`	`Total`
	`&Training`		`&the`
			`Church`
	`£`		`£`
`AlderseyChurchofEnglandPrimary` `School`	`12,000`			`12,000`
`Haberdashers’AbrahamDarbyAcademy`	`63,000`			`63,000`
`Haberdashers'AcademiesTrustSouth`	`42,900`			`42,900`
`Haberdashers’Adams`	`17,494`			`27,494`
`Haberdashers’Boys’School,Elstree`	`24,384`			`24,384`
`Haberdashers’Girls’School,Elstree`	`32,460`			`32,460`
`Haberdashers’MonmouthSchoolforBoys`	`39,135`			`39,135`
`Haberdashers’MonmouthSchoolforGirls`	`2,053`			`2,053`
`TheChildhoodTrust`				`75,000`
`CockpitArts`	`17,000`			`17,000`
`ConstructionYouthTrust`	`55,000`			`55,000`
`GuildhallSchoolTrust`	`15,000`			`15,000`
`LondonCollegeofFashion`	`11,550`			`11,550`
`RoyalCollegeofArt`	`27,000`			`27,000`
`RoyalSchoolofNeedlework`	`15,000`			`15,000`
`TheUniversityofEastLondon`		`12,000`		`12,000`
`WildernessFoundationUK`	`16,500`			`16,500`
`XLP`		`55,000`		`55,000`
`Grantstoinstitutionsupto£5,000`	`59,673`	`73,062`		`163,913`
`Grantstoindividuals`	`173,600`	`750`		`175,450`
`Total`	`624,199`	`225,812`		`882,289`

	`Trustfor`	`Unapplied`	`Total`
	`investment`	`TotalReturn`	`2023`
	`£`	`£`	`£`
`Trustforinvestmentat1 July`	`18,462,108`	`17,748,613`	`36,210,721`
`Investmentreturns:`
`Realisedandunrealised`
`investmentgains`	`-`	`1,672,599`	`1,672,599`
`Totalreturnallocatedtoincome`	`-`	`(883,571)`	`(883,571)`
`Additionalfundsinvested`	`200,045`	`-`	`200,045`
`Trustforinvestmentat30June`	`18,662,153`	`18,537,641`	`37,199,794`
`Representedby:`
`InvestmentinCharitiesInvestmentPool(TotalReturn)`			`37,199,794`

		`Balance`	`Incoming`	`Resources`	`Other`	`Balance`
	`Note`	`1July`	`resources*`	`expended`	`gains&`	`30June2023`
		`2022`			`losses`	`£`
		`£`	`£`	`£`	`£`
`Unrestrictedfunds`
`Haberdashers'Foundation`
`Unrestrictedgeneralfunds`		`180,814`	`168,314`	`(9,231)`	`(30,661)`	`309,236`
`Restrictedfunds`
`Haberdashers'Foundation`
`Donorrestrictedfunds`		`79,774`	`58,907`	`(50,000)`	`-`	`88,681`
`Haberdashers’Educational`
`Foundation`
`ThomasAlderseySchoolFund` `ThomasAlderseyRepairFund` `ThomasArnoFund` `DysonMemorialFund` `EzraHistoryFund` `Further` `&` `Higher` `Education`	`™™OOUWD`	`25,944` `4,248` `113,211` `16,043` `12,564` `243,290`	`16,328` `350` `67,778` `6,622` `6,515` `65,413`	`(15,613)` `-` `(62,184)` `(5,335)` `(4,644)` `(144,405)`	`(3,336)` `-` `(19,709)` `-` `(628)` `(40,410)`	`23,323` `4,598` `99,096` `17,330` `13,807` `123,888`
`Fund`
`FlorencePritchardFund`		`10,262`	`2,624`	`(1,273)`	`(1,028)`	`10,585`
`Haberdashers'`
`St.CatherineFoundation`		`177,132`	`68,667`	`(53,495)`	`(24,775)`	`167,529`
`MonmouthSchool`
`ScholarshipsFund`		`153,457`	`56,165`	`(44,520)`	`(6,348)`	`158,754`
`PrizeFund`		`16,125`	`11,812`	`(13,034)`	`-`	`14,903`
`PamelaK PyeFund`		`3,717`	`7,042`	`(7,211)`	`-`	`3,548`
`Schroders& Haberdashers`
`EducationFoundation` `TravelScholarshipsFund` `ThrockmortonTrotmanFund`	`Z2er`	`22,239` `22,004` `78,688`	`22,857` `18,918` `42,256`	`(22,116)` `(18,155)` `(39,553)`	`(1,284)` `(1,541)` `(10,108)`	`21,696` `21,226` `71,283`
`Other`		`212`	`-`	`-`	`-`	`212`
		`899,136`	`393,347`	`(431,538)`	`(109,167)`	`751,778`
`Haberdashers'Benevolent`
`Foundation`
`GeneralFunds` `Hobbyfund`	`(oe)`	`161,326` `162,818`	`491,325` `-`	`(466,023)` `-`	`(1,284)` `5,997`	`185,344` `168,815`
		`324,144`	`491,325`	`(466,023)`	`4,713`	`354,159`
`Haberdashers'Christian`
`Foundation`		`100,148`	`39,117`	`(32,640)`	`(10,273)`	`96,352`
`Totalrestrictedfunds`		`1,403,202`	`982,696`	`(980,201)`	`(114,727)`	`1,290,970`

		`Balance`	`Incoming`	`Resources`	`Other`	`Balance`
	`Note`	`1July`	`resources`	`expended`	`gains` `&`	`30June2023`
		`2022`			`losses`	`£`
		`£`	`£`	`£`	`£`
`Expendableendowmentfunds`
`Haberdashers’Foundation`		`469,639`	`-`	`-`	`9,437`	`479,076`
`Haberdashers’Educational`
`Foundation`
`DysonMemorialFund` `EzraHistoryFund`	`mo`	`224,377` `227,703`	`(5,451)` `(5,529)`	`-` `-`	`10,367` `10,516`	`229,293` `232,690`
`Haberdashers'` `St.CatherineFoundation`	`x=`	`2,572,199`	`(62,488)`	`-`	`118,851`	`2,628,562`
`MonmouthSchool`
`ScholarshipFund`		`529,902`	`(13,014)`	`-`	`24,752`	`541,640`
`Schroders& Haberdashers`
`EducationFoundation`		`919,424`	`(22,336)`	`-`	`42,483`	`939,571`
		`4,473,605`	`(108,818)`	`-`	`206,969`	`4,571,756`
`Haberdashers'Benevolent`
`Foundation`		`2,588,922`	`-`	`-`	`56,728`	`2,645,650`
`Totalexpendableendowment`
`fund`		`7,532,166`	`(108,818)`	`-`	`273,134`	`7,696,482`
`Permanentendowmentfunds`
`Haberdashers’Foundation`		`483,225`	`173,405`	`-`	`33,298`	`689,928`
`Haberdashers'Educational`
`Foundation`
`ThomasAlderseySchoolFund` `ThomasArnoFund`	`Ow`	`647,612` `2,622,418`	`(13,915)` `(63,708)`	`-` `-`	`26,466` `121,171`	`660,163` `2,679,881`
`Further` `&` `Higher` `Education`
`Fund` `FlorencePritchardFund`	`Qn`	`2,110,791` `96,099`	`(51,279)` `(2,334)`	`-` `-`	`97,531` `4,440`	`2,157,043` `98,205`
`MonmouthSchool`
`ScholarshipsFund`		`1,595,484`	`(38,760)`	`-`	`73,721`	`1,630,445`
`PrizeFund`		`365,409`	`-`	`-`	`2,478`	`367,887`
`PamelaK PyeFund`		`217,016`	`-`	`-`	`1,471`	`218,487`
`TravelScholarshipsFund`		`758,799`	`(18,434)`	`-`	`35,061`	`775,426`
`ThrockmortonTrotmanFund`		`1,604,527`	`(38,980)`	`.`	`74,139`	`1,639,686`
		`10,018,155`	`(227,410)`	`-`	`436,478`	`10,227,223`
`Haberdashers'Benevolent`
`Foundation`		`17,338,656`	`(490,035)`	`-`	`869,958`	`17,718,579`
`Haberdashers'Christian`
`Foundation`		`1,506,589`	`(39,117)`	`-`	`72,130`	`1,539,602`
`Totalpermanentendowment`
`funds`		`29,346,625`	`(583,157)`	`-`	`1,411,864`	`30,175,332`
`Totalendowmentfunds`		`36,878,791`	`(691,975)`	`-`	`1,684,998`	`37,871,814`
`TotalCharityfunds`		`38,462,807`	`467,485`	`(989,432)`	`1,531,160`	`39,472,020`

2024-06-30-accounts

30 April 2025