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|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|||
|INCOME||||||
|Donations||||67,098|82,462|
|Other Income||||45|6|
|Investment
income||||77,947|76,220|
|TOTAL INCOME||||145,090|158,688|
|EXPENDITURE||||||
|Sundty costs||||387|557|
|Charitable
activities||||||
|Costs ofgiving grants|||3,4|135,155|98,681|
|TOTAL EXPENDITURE||||135,542|99,238|
|OTHER RECOGNISED GAINS/(LOSSES)||||||
|Gains/(losses)
on investment||assets||18,272|(225,172)|
|NET INCOME/(EXPENDITURE)||||27,820|(165,722)|
|RECONCILIATION|OF|FUNDS||||
|Fund balances
brought|forward at I July 2022|||2,812,152|2,977,876|
|FUND BALANCES|CARRIED|||||
|FORWARD AT 30JUNE||2023||2,839,972|2,812,154|
##
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|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|||
|FIXEDASSETS||||||
|Investments||||2,712,264|2,693,992|
|||||2,712,264|2,693,992|
|CURRENT ASSETS||||||
||||||125|
|Debtors/prepayments
Accrued Income
Cash at bank and in hand||||7,173
169,980|4,030
169,318|
|||||177,153|173,473|
|CURRENT LIABILITIES||||||
|Creditors: amounts|falling due within|one year||(49,443)|(55,311)|
|NET CURRENT ASSETS||||127,710|118,162|
|NET ASSETS||||2,839,974|2,812,154|
|THE FUNDS OF|THE CHARITY|||||
|Unrestricted
income funds
General
fund||||2,839,974|2,812,154|
|Designated
fund||||||
|||||2,839,974|2,812,154|
##
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##
|1.|DONATIONS|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Members'
Donations||||||||||24,238|19,688
30,000|
|Anonymous
Corporate
funds
GIR aid reclaim||||||||||38,717
4, 143|28,500
4,274|
|||||||||||67,098|82,462|
|2.|INVESTMENT INCOME|||||||||2023|2022|
||Income arising|from the charity's|||UK listed|investments|portfolio|||77,947
45|76,220
6|
||Bank interest|||||||||||
|||||||||||77,992|76,226|
|3.|EXPENDITURE 2023|||||Costs of
Generating
funds||Costs of
Giving grants
f||Total
2023||
||Direct costs
Grants and donations||awarded|(see note 4)||||133,600||133,600||
||Indirect costs|||||||||||
||General Otfice Costs|||||||||||
||Investment
Advice
Accountancy
fees
Bank charges|||||378
9||1,517
38||1,895
47||
|||||||387||135,155||135,542||
|emuneraton
or
p
eimbursed
for any expenses
incurred
on behalf|emuneraton
or
p
eimbursed
for any expenses
incurred
on behalf|ofthe Fund during|the current
or previou|s
period.|
|---|---|---|---|---|
|EXPENDITURE 2022||Costs of
Generating|Costs of|Total|
|||fundsf|Giving grants|2022|
|Direct costs
Grants and donations|awarded (see note 4)||96,445|96,445|
|Indirect costs|||||
|General Office Costs|||||
|Investment
Advice
Accountancy
fees
Bank charges||546
ll|2,190
46|2,736
57|
|||557|98,681|99338|
##
##
|RSHIPFUL COMPANY OF CUTLERS GENERAL CHARITABLE
O THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30JUNE 2023|FUND||
|---|---|---|
|GRANTS AND DONATIONS
AWARDED (see note 3)|2023|2022|
|Connections
witlt tire Compnny
Disabled Fencing
British Art Medal
—BAMS student
Medal Project
London Fencing Clubs
British Fencing Association
Lord Mayor's
Charity
Appeal
Lady Mayoress —LMS Appeal
Master's Charity
Tusk Trust
Zoological Society ofLondon
Cutlery for Hospices
Vision Foundation
I'riends ofHolypor
Little Village
/ 2020 Change/
The kids Network
Cancer Research
United Guilds Service
Festival ofSt Cecilia|5,000
250
600
300
5,000
1,000
5,000
1,000
1,000
9,575
800
200|250
600
300
3,000
4,000
1,000
2,096
1,000
1,000
1,000
175
500|
||29,725|14,921|
|Support for Education
Craythome
Scholarships
awarded
to 17(2022; 17) individuals
Captain F.G. Boot Scholarships
awarded to I (2022:4) individuals
The Richard Metheringham
Scholarship
The Richard Metheringham
Prize
The Richard Metheringham
Prize (Increase for 2022)
Kings College EMDP
Langdon Dowsett grants awarded
to 2 (2022:2) individuals
Charles Jacobs Scholarship —Royal College ofMusic
Cutlers'
Scholarship —Trinity Laban
Bibby Award —Trinity Laban
City of London Girls' School Bursary
City of London Boys' School
King Edward's
School, Witley
Reeds School
Travel expenses for scholars|5,000
500
14,000
500
250
12,500
2,500
1,000
1,000
1,000
2,000
2,000
4,000
4,000|4,650
9,000
14,000
250
5,000
1,500
1,000
1,000
1,000
2,000
2,000
4,000
4,000
142
750|
|City and Guilds
Livery School Link|125|125|
||50,375|50,417|
##
##
|GRANTS AND DONATIONS
AWARDED (see note 3)|GRANTS AND DONATIONS
AWARDED (see note 3)|2023f|2022|
|---|---|---|---|
|Promotion ofSocial Cohesion
Woman's
Trust
Hacknev Carriaae
Drivers'
Disneyland
Military Charitv - SSAFA
Charlie Wailer Trust
Bloomsbury
Football Foundation
Spitalfields
Crypt Trust
Vicar's Relief Fund (Saint Martins
in
Sheriffs' and Recorders Fund
St Mary-Le-Bow
—Young Homeless
Adult Literacy Trust
Miracles
Children
Ahead
Street Doctors
Prosperity
-Ukraine
St
Paul's
Cathedral
Cann Hall Deen Trust|Tour
the Field)
Project|15,000
1,500
1,000
2,000
2,000
17,000
2,000
2,500
2,000
1,000
2,000
2,000
3,000
(500)
1,000|9206
1,400
12,000
1,000
2,000
5,000
500|
|||53,500|31,106|
|||133,600|96,445|
##
##
||INVESTMENTS||||||2023|2022f|
|---|---|---|---|---|---|---|---|---|
||lavestments
listed on a recognised stock evchange||||in the|UK at|||
||market value:
I July 2022
Additions
at cost *||||||2,693,992|2,789,241
130,026|
||Disposal proceeds
Unrealised
gains (losses) in||the year||||18,272|(225,274)|
||Realised gains||||||||
||At 30 June 2023||||||2,712,264|2,693,993|
||Represented
by investment
Alpha CIF for endowments||in:
(2,266,809.01 income units)||||2,712,264|2,693,993|
||||||||2,712,765|2,693,993|
||Historical cost of investments||||||2,014,765|2,014,765|
|6.|CREDITORS: amounts|falling due within||one year|||2023f|2022
g|
||Amounts
held as custodian
Accruals||for The Cutlers|Surgical|Award|Fund and|29,906
22,100|20,920
18,782
970|
||Trade Creditors||||||||
||||||||52,006|40,672|
##
|STATFMENT OF THE MOVEMENT|STATFMENT OF THE MOVEMENT|STATFMENT OF THE MOVEMENT|IN FUNDS|2023|2022|
|---|---|---|---|---|---|
|Unrestricted
I July 2022|income|funds —General Fund:||2,812,153
145,090|2,977,876
158,688|
|Income||||(135,542)|(99,238)|
|Expenditure||||18,272|(225,172)|
|Gains on stock market||||||
|Transfer to|designated|fund||||
|At 30June|2023|||2,839,972|2,812,154|