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|Other donations
totalling 64,095(202|1:f4,190)were made from the Unrestricted|Fund in support of:|
|---|---|---|
|Lord Mayors Appeal||410|
|Museum ofLondon||410|
|Help Musicians UK||205|
|Friends ofHighgate
Cemetery||205|
|City ofLondon Police Widows &Orphans||310|
|Garden ofRemembrance||190|
|Royal British Legion City ofLondon|Poppy Appeal|205|
|GSMD Scholarship
Fund||715|
|StPauls Cathedral
Foundation||510|
|Sheriffs &Recorders Fund||310|
|Livery Schools Link||125|
|Greenwich
Deptford and Rotherhithe|Sea Cadets|500|
|||f4,095|
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|||Notes|2022||2021||
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||
|Quoted investments|||2,124,504||2,529,724||
|Royal Albert Hall Box|||650,000||650,000||
|||||2,774,504||3,179,724|
|CURRENT ASSETS|||||||
|Stock|||1,859||3,626||
|Debtors|||30,790||20,193||
|Cash at bank|||61,678||39,576||
||||94,327||63,395||
|CREDITORS: amounts|falling due||||||
|within one year|||||||
|Other creditors|||(17,357)||(19,048)||
|NET CURRENT ASSETS||||76,970||44,347|
|NET ASSETS||||82,851,474||83,224,071|
|UNRESTRICTED FUND|||||||
|General Fund (page 9)||||558,345||610,582|
|RESTRICTED FUNDS|(page 9)||||||
|Collection Fund|||1,770,060||2,013,635||
|Hain Sanders Tappenden|Fund||307,480||354,313||
|Derek Pratt Prize Fund|||215,589||245,541||
|||||2,293,129||2,613,489|
|TOTAL CHARITY FUNDS||||82,851,474||f3,224,071|
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|||||||Restricted Funds|Restricted Funds|||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Hain|D Pratt||Total|Total|
|||||Funds|Sanders|Prize|Collection|Funds|Funds|
||||||Tappenden|||||
|||||2022|2022|2022|2022|2022|2021|
||||Notes|g||g||g||
|INCOME FROM:||||||||||
|Breguet fund raiser||||18,855||||18,855||
|Investment
income||||11,395|6,573|6,863|41,831|66,662|67,742|
|Royal Albert Hall Box|income||||||20,135|20,135|(4,415)|
|Contents ofPoor Box||||1,450||||1,450|21|
|Royalties income|||||||493|493|158|
|Donations received||||30,993|||31,031|62,024|47,106|
|Legacies received|||||||||2,000|
|Charity funded mentoring||scheme||4,199||||4,199||
|Profit (loss) on sale ofmerchandise||||234||||234|454|
|Profit/(Loss)
on Clockmakers of|||||||1,191|1,191|655|
|London||||||||||
|||||67,126|6,573|6,863|94,681|175,243|113,721|
|EXPENDITURE ON:||||||||||
|Direct Charitable
Expenditure||||44,594|11,907||67,322|123,823|113,119|
|Management
and administration|||of|||||||
|the charity||||5,559|1,430|1,207|15,950|24,146|24,147|
|||||50,153|13,337|1,207|83,272|147,969|137,266|
|NET INCOME BEFOREGAINS||||16,973|(6,764)|5,656|11,409|27,274|(23,545)|
|/(LOSSES) ON INVESTMENTS||||||||||
|OTHER RECOGNISED||GAINS||||||||
|AND (LOSSES)||||||||||
|Unrealised
net gain/(loss)||on||(68,614)|(39,724)|(34,785)|(252,790)|(395,913)|419,084|
|investments||||||||||
|Realised net gain/(loss)|on sale of|||||||||
|investments||||(596)|(345)|(823)|(2,194)|(3,958)|26,427|
|||||(69,210)|(40,069)|(35,608)|(254,984)|(399,871)|445,511|
|NET INCOME/(EXPENDITURE)||||(52,237)|(46,833)|(29,952)|(243,575)|(372,597)|421,966|
|Fund balance bmught
forward||||610,582|354,313|245,541|2,013,635|3,224,071|2,802,105|
|FUND BALANCE CARRIED|||FORWARD|||||||
|AT 31OCTOBER 2022||||f558,345|f307,480|6215,589|81,770,060|K2,851,474|83,224,071|
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|FIXEDASSETS - Investments|FIXEDASSETS - Investments|Pooled Funds|Derek Pratt Fund|Total|
|---|---|---|---|---|
|Market value
1 November|2021|2,271,385|222,855|2,494,240|
|Additions||91,302|30,103|121,405|
|Proceeds ofdisposals||(94,028)|(4,316)|(98,344)|
|Realised (loss) /gains||(3,135)|(823)|(3,958)|
|Net (loss) /gain on revaluation||(361,128)|(34,785)|(395,913)|
|Market Value 31 October|2022|1,904,396|213,034|2,117,430|
|Cash awaiting
reinvesunent||4,520|2,554|7,074|
|||1,908,916|215,588|2,124,504|
|Historic cost||$1,615,912|179,775|81,795,687|
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|3.|DIRECT CHARITABLE|DIRECT CHARITABLE|EXPENDITURE|EXPENDITURE|||2022|2021|
|---|---|---|---|---|---|---|---|---|
||Unrestricted
Fund||||||||
||Donations||||||6,320|42,858|
||Prizes||||||1,300|1,000|
||Cataloguing
Project||||||30,740||
||Restoration ofGoblet||||||408||
||Subscriptions||||||125|125|
||Trustees Insurance||||||447|557|
||Trammg||||||55||
||Mentoring
costs||||||5,199||
||Collection Fund||||||||
||Assistant Keeper's|fees|||||4,160|3,351|
||Curator's
salary and pension costs||||||40,792|39,790|
||Curatorial
Adviser||||||1,000|1,000|
||lnsumnce||||||5,466|6,022|
||Purchase ofRippon|Portrait|||||3,960||
||Display and storage|costs|||||4,795|792|
||Restoration
costs||||||1,700||
||Travel and accommodation||||||175||
||Other sundry expenses||||||842|1,861|
||Trallllllg||||||876||
||Pilot digitisation
project||||||2,730|3,000|
||Clement clock|||||||4,550|
||Awards|||||||2,512|
||Transport||||||826||
||Hain Sanders Tappenden||Award||||||
||Prize awarded||||||500|5,000|
||Horological
Training
Course||||||11,407|701|
||||||||f123,823|f113,119|
||MANAGEMENT|AND ADMINISTRATION|||OF THE CHARITY||2022|2021|
|||||||||g|
||Accountarrcy||||||2,000|2,000|
||Contribution
to Worshipful||Company ofClockmakers|||staff costs|9,000|9,600|
||Portfolio advisory charges||||||12,211|12,409|
||Sundry expenses||||||935|138|
||||||||624, 146|$24,147|
||COVENANTS
AND DONATIONS RECEIVED||||||2022|2021|
||||||||f.|g|
||Donation
from the George Daniels Educational||||Trust||30,000|30,000|
||Other donations
received (including|||Breguet fundraiser)|||45,401|14,814|
||Income tax recoverable||||||5,478|2,292|
||||||||f80,879|647,106|
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|||||||Restricted Funds|Restricted Funds||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Hain|DPratt||Total|
|||||Funds|Sanders|Prize|Collection|Funds|
||||||Tappenden||||
|||||2021|2021|2021|2021|2021|
||||Notes||||||
|INCOME FROM:|||||||||
|Investment
income||||12,843|6,727|6,586|41,586|67,742|
|Royal Albert Hall Box|income||||||(4,415)|(4,415)|
|Contents ofPoor Box||||21||||21|
|Royalties income|||||||158|158|
|Donations
received||||17,106|||30,000|47,106|
|Legacies received||||2,000||||2,000|
|Profit on sale ofmerchandise||||454||||454|
|Profit/(Loss)
on Clockmakers of||||655||||655|
|London|||||||||
|||||33,079|6,727|6,586|67,329|113,721|
|EXPENDITURE ON:|||||||||
|Direct Charitable
Expenditure||||44,540|5,701||62,878|113,119|
|Management
and administration|||of||||||
|the charity||||3,525|1,233|1,197|18,192|24,147|
|||||48,065|6,934|1,197|81,070|137,266|
|NKT INCOME BEFOREGAINS||||(14,986)|(207)|5,389|(13,741)|(23,545)|
|/(LOSSES) ON INVESTMENTS|||||||||
|OTHER RECOGNISED||GAINS|||||||
|AND (LOSSES)|||||||||
|Unrealised
net gain/(loss)||on||80,831|42,340|34,175|261,738|419,084|
|investments|||||||||
|Realised net gain/(loss)|on|sale of|||||||
|investments||||4,367|2,287|5,634|14,139|26,427|
|||||85,198|44,627|39,809|275,877|445,511|
|NET INCOME/(EXPENDITURE)||||70,212|44,420|45,198|262,136|421,966|
|Fund balance brought forward||||540,370|309,893|200,343|1,751,499|2,802,105|
|FUND BALANCE CARRIED FORWARD|||||||||
|AT31OCTOBER 2021||||f610,582|I354,313|f245,541|f2,013,635|f3,224,071|
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