SIGNED COPY THE PAfrENMAKERS COMPANY CHARITABLE FOUNDATION {rity Crynmission wtstsr•d number: 286312 REPORT AND FINANaAL STATEMEprrs YEAR ENDED IS MARCH 2025
THE pAENmAKERs COMPANY CHARITABLE FOUNDATION CHARITY INFORMATION Administr3tor'. Rwmurfin TDDL Interim Clerk to the Worshipful Company of Pattenmake A VSwainM8E Clerk Designate Principal office.. Sebastopol Maidstone Road Whetsted Tonbridge Kent TN12 6SQ Honorary Treasurer- Kemsley 12 Heèthfield South Twickenham Middlesex TW2 7SS Independent Examiner: R L White FCA Riches & Companv 34 Any3rds Road Cobharn Surrey KTII 2LA 8ankers'. HSBC UK Bank pl Investment advlsers and stockbfokets= Killik & Co LLP 46 Grosvenor Street London WIK3HN Charlty Commlssion registered nurnr: 286312
THE PArrENMAKERS COMPANY CFEARfTABLE FOUNDATION Charity Commission reEistere¢J number.. 286312 REPORT OFTHE TRUSTEES The tru5tee5 preseni iheir report and Itnancial staiements of the £harity for the year ended 15 March 2025. The trustee5 have adopted the provision5 of the Statement of Aecarnmended Practice150RPI "AcctyJfiiin8 and Reportln8 by Charlties. (FR5 1021 in preparing rhe annual report and financial staternents of the charity. The f1Danclal Staments have been preparéd ¢n arwrdance with the accountin8 polic& sei out In notes w the accounts and compty with the charity's 8ovemin8 documeni. rhe Chariiies Act 2011 Actouotin8 and Reportln8 by Charltie5'. Stèteffjent of Rec0Mrnded Practice ap1(able to thattI piepawir¥ their oUnts in arcoroance wih the Financial Reportir Stèndard applScèble in the UK tlshed in October 2019. TRUSTEES Durin8theyear under revièw. the trustees wrre asfollows: K O F BottomY Imasierl D E Mlller (Upper Warden) I Wlson IRenter Warden) D M Watson Smith Iwarden to the Trade) R L Page Ire518ned 31.08.24.1 C M Hayward Ire5i8ned 13.03.25.1 N C G Andrews M Kemsley R A Kgttl¢r J A C C Watson.G•n l A Bryanr.Pearson S A Leliten PJ Tyrrdl OBE S A C Huxham Irtsi8ned 30.03.25.1 AS Lyons A M Cove Iresl8Tred 17.10.24.1 R A 5carr-Hall 0 8 Emanuel M J Heffer Iresl8ned 12.04,24.1 M R Jeffery Ifeslgned 02.04.25.1 GDPerry I S Bakombe C D Siears M J Packham lappolnted 13.03.25.1 S Hod8e lappolnted 13.03.15,1 REVIEW OF THE CHARITY'S AcllviTIES. OWECTIVES AP40 POUCIES The trustees have developed charity policie5 based on the charity's obiecis. which are regularly rewewed Iihe re5u1ts of the last major rewew bein8 approved in March 20171. PDIicies defne rnethod5 of fundraiSin8, spe¢lfic areas of grant aid, financial cothtrol mechanisms and othtr matters. They meet the requlremerlts of ihe Charitses Art 2011, and In parrscular the need to er6urÈ publ1¢ benefit. Incorne 8eneration The charity's income 15 sourced Ihroueh thefollow meat)s.' al Irorn member5 of the Ilvery companyi who are InTrAted to make Untr4 annual donattons. under the Glft Ahl stheme where applicable.. bl throu8h other donatlons, sponsorships and le8acles. from boih livery¢ompanymembers aj others,. ¢1 by specific fundfa154n8 initki¥es. ontroff and reeutsr •nnual e%nts. 1th in rétent yeaTh have included the London Marathon, LNery Halls walk, Pattenmakers, PlmS, cwe rideand K0erfS CraryTriathlon'. dl intere5t3nd investment Rains.
THE PArrENMAKERS COMPANY CHARrrABLE FOUNOATION Charity Comrnission registered number.. 286312 REPORT OF THE TRU5TEE5 Iconvdl REVIEW OF THE CHARITY'S ACnVtfiES, OBJECtIVES AND POLIOESl£ontldl Charitable donatlons The trustees approve at) annual budget for its commitrrent to Maknrth3ritsb donatsons. The primary focus of the charity's support has been and remains rdated to the livery cornpanV5 hi5torK IndarIonS of footwear. Wlth the fall into ¢Jisuse ol pattens, the charity has for many Years chosen to make the plow0Th of orthopaedSt faotwear Its core a¥ea of charitable donatlDns. It funds FA)th the pro¥ision of orthopaEdic footwear to needy indNidual5. particularly those in the Uf$ armed forces who have been injured In tonflict, and also the tralnin8 ol students In ihls discipline. In relation to the armèd for5. the charity ha5 developed a srrong wothn8 relatlothshlp wth thÈ DelÈnc¢ and Notion41 Rehobilitation Centre Durln4 tht ar under tW The John Foxon Pattenma&ÈF5 Apwèntice Stherne continued to asslsi the tralnln8 of apprentlce5 In the manulatture of Ort>P4ed1C fooNear. In Its SUPPOrt of education, further bursaries are awarded to stentS at the Crty of london 8oy5' and Girt5' khod5 and flnancial a5515tance ha5 abo been prOded to varKJu5 Stare sthoo15. There are several other regular donations. both educational and otbemse 8iven wthin the Qty of Lontk)n, ihe laryest of which funds a chorister at St Paul'5 Cathedral hool. Amongst the oiher City of tonthjn donatlons ale support fw the Lor Mayor'5 Charie5. the Gvlldhall Library and the Sherlffs, and Recorder's Fufjd. In fuifilment of the ch•rity'S purpo% to adv•rKe rell8kn, donaUMs are re8ulady 8fven to support the ntry, fabrft ond funetiDnin8 of St Mar8aret Pattens, Church, the sritUal home ol tht livery company for several centurles, ènd the only church in the ciiy of London wth a specific lfverydedication in rts name. The Latin motio of rhe Pattenmakers iianslates as Women Rèceiwe Support from Us" Ind Inspired us TO SUPPOrt ihe charlty. I Choose Freedom. a rpluge provhler. supportir women and chiklren ftttlwdomestic abuse aeross the ttsuntry. Flnally. a small number of other O[lon are given From time to time, wth inthwdu•l h•rdshir bein8 a key consldtratlon. Examples are the YourtR Homeless Charity ofst Mary-l&8ow in the Cttyof London and the Royal Brth5h Lè810n. SuNJort for thos• In hardshlp and for w)uni people are threads through all citegofies of the chority's Support. The harlfy makos a ntsmbeT of indlvidual awards to youw people, includln8 an annual Future Leaders Award whkh has hltherto been focused upon encourè8inq deWopm¢nr in the foottar trade and the faclllves mana8ement proletslon. In all tèses of 8iwn& ¢he Charity seeks opwrtuniiies whereby the livery cornpany can build i relationship the benefKiary. se that the support is not woly fir•ncial. The trustees aim io continue ireasIn6 the donatie# bud8¢t year o vear, far 50 long as fund growth continues to kvowde theopportunity to do 50. A Ilst of the specffic donations awarded to IrbSiltlllloThal beneficlarfes Is %n In rK)te 3 to the actourts. PUBLIC BENEFIT STATEMENT The trustees confirm that they ha referyed totheCharftyCommtsslon%get)oral 8uid4nte pvblK benefit when revIen8 the charlty's aSms and objerti¥es, and in the Planni of future aciiWties, and are Sfjsfled that the requirements are fvifilled. ACHIEVEMENTS AND PERFORMANCE Durini the year under review, the income from Effts and investments was at a reduced level cornpared to the rrnious year. Income 8ellefated from chantable attiwt5, net of fundraisiry costs. irKreased by £2A47 to É26,357. There was an increase of 16% in grants and other tharitableeyndSlure.
THE PArrENMAKERS COMPANY CHARtrABLE FQUNDAnoN Charity Commission registered num[". 286312 REPORT OF THE TRUSTEES Icontldl REVIEW OF THE CHARIM FINANCWL RESULTS FOR THE YEAR Totol decreased by 16% to E87,26712024- £104,445). the toul of grants awarded increased by 16% to E79.516 12024- E68.6301. The totsl expenditure increased by 12% to f.111.60112024- £99,693). As a result of these variènces. and before Investment adjustments. there was a net defKrt for the year of E24.33412024 surplus £4,752). After realised gain5 on Investments, IhE net income fo¥theyear was£95,69712024- É124.5731. RESERVES ANO RESEAVES POUCY The tNstees have reviewed the resèr¥es of the charlty a8ain51 the back8round of continuin8 support for beneficlaries In difflculr circumstances, maximisln8 charitable impaci and SVlkln8 a balae between buildins a long-term investment fund and rneeting short.terni chadrabk e¥pdigUre. Th¢ re5eNe5 policy is to hd an Unresttted 8errèl Thd of not le55 rhan £I).f IZ024- £ZW,CO)I to meet short-term expenditure and an investment fund ol £1.250,IKX) 12024 - f l.1S0.C#)Jl te 8eneraiE intome and provide stability to the chariws luture pro8ramme of8rants and donations. The dosing un¥e5tricted reseryes of £1,980,7481?OZ4- f 2.W9.3431 and re5trlrted reseryes of£2.97212024- EI8.5791 are In linevMth the obRth"ve. GOING CONCER14 The trustees have considered ¥thether it is apwtyrLit¢ to prep•re the chèriV5 Iounts on a 80in8 concern basis. In doln8 so they have eonsidered.. I the assets of thÈtharity', bl the di5cretlonary nature of the yarts award, and pnOont nature of the commltments ilven by the charlty to the beneh'£iartes it 5UPPOrts. The rrustees of ihe charlty, have • rea$afiab expettation rh3t rhe tharlty wlll be ae to £orstJnue In operation and meet Its IlItIeS as they fall due. In ¢h¢ OnIn of the InJsiee$11 is appropriate to wepare the tharlty5 accounts for the year ended 15 March 2025 on a 8oln8 corcern basis. They have identified TrD material uncertaintie5 to Ihe chariiV5 ab5111¥10 ConnUe to do 50 over a period ofat least twelve mohths from the daieofapproval ol the fina¢ sutemehts. RISK MANAGEMENT The trustees actlvely revlew the strategtc buslness and operational risks to which the charfty Is exposed and reEulaT reportlns procedures enable them to rake all necessary 51eps to lessen any rfsk to the £harity. The trustees have appointed Investment mana¥èr5, Ind tnvestrnenis are reviewed at re8ular meetiny of an in¥e5tment committee cornprising a number of experienced twstQè5 and members of the livery company's F5ornrary CourL whlch revSews their recommendarions and oversees rhelr perfomiance. PLAN5 FOR FUTURE PERIODS The trustees will seek to maintbin a simitsr le¥d of support its re8ular beneficiaries, whilst stÉppiry-up 5UPPQrt In relation to orthopaodic footwear, miliiary affiliations and wornen and children flengdomes¢ abuse.
THE PArtENMAKERS COMPANY CHARITABLE FOUNDATION Charity Commission rwstered number.. 286312 REPORT OF THE TRUSTEES IcoThtldl STAucfuRE, GOVERNANCE AND MANAGEMENT The Pattenmakers Company Charitable Faundation was Set up on 12 January 1983 under a Deed of Trust. its oblecis afe the advancement of edvcatlon, the fellel ol poverty. the athan£ement af relIn afid anytsther Charitab purp05e5 beneficial to the community. The trustee ef the th•rity Is The worslwplul Campany of PattenmakeTS. alihou8h by rtue af $177 Charitles Act 2011 the trustees are regJrded 35 the ind1wdal members of the Court ol that Company as they are the per50n5 havinu the 8erneral control and manaEetnent of the adm5nistratK)n of the Charity. The Worshipful Company Qf P3ttenmakers is a fity Df London Llvery Company, which was incorporated ty Roy31 Charter ifi 1670. In exercisinE Iheir responslbllities, Ihe trustees are a551Sted by a charftycommittee tem$14 sometrustetsand sofft additior1 membersof the livery company. The members of the Court ol th¢ Wor5hiplyl Compony olPainmèkers are 5elecied for lheirslI and experlence. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustee5 are r¢spDTrb Igr preparfn8 the tVU5tees' annual report and the Ilrtanclal 5taments In accordance with applicaNe lawand Unlte¢J KiD8dom Aetountin8 stsndar¢ts IUThitéd Kin8dtym Generalty Accepted Accountin8 Pradlcel. The law 4P1¢0b1e io ChalIeS Sn Eland & Waks requlres the tiustees to wepait nnand•l st4tÈmÈnts for taeh fln•ntlal year which 8we a true and lair vièw ol the state gf affairs of the charity and of the incom{ resources and appllcatlon ol r¢50ur£es of the chariry for that period. In preparln8 these finarKial statements, the t(ustees ale requlred to.. selert $U11able accountin8 pollcles and appty ihem conste•ity', observe the meihods and printiples in the tharities SORP 2019 IFAS1021.. make jud8ement5 and estirnate5 that are reasonable and prudent., State whether applIcae accounting stsndards have been tollowed, sublect to any materfal departures dlselosed and èxplalned In thefinanclal siatements.- and prepare the finala1 statements on ihe cortern basbs unless It Is Inapproate to presume that the charity wlll contlnue In opÈration,' The Iruslpes are responsible lor keepin8 proper ¥couThtin8 records Ihal disclose wilh reasonable accuracy at any tlme the flnonclal wsition of the charity and enable them io ensure thai the linancial statements comply wilh the Charities A(t 2011, the Charity (Actounts and Aep¢xtsl re8ulation5 2(1 and the prSn> of the tivst deed. They are a150 re5pon51Ne for safeguarding the assets of the charity and hence for takin8 reasonable step5 tor prevÈntion and detection of fraud and other irreKularities. PRINCIPAL OFFICE The address of thè prlnclpal officft ol rhecharity 15 d15¢105ed on paee l. Thls rÈporf¥¥as approv bythetrustees on2NoYember 2025 on thdr half. J Wi150n Rentsr Wartlen 2024-25
INDEPENDENT EXAMINER'S REPORTTO THE fRUSfEES OF THE PAENMAKERs COMPANY CHARITA8LE FOUNDATION I report to the charity trustee5 on my examination of the accounts of £hafityfoT thè year etKled IS March 2025. which are set out on pa8es 7 to 15. RE5pon5ibilitie5 and ba515 of rewrt As the charity's trustees you are responsitAe for the preparation ol the accounts in a(cordan£e with thÈ requirements of the Charities Act 2011 Ilhe Act'l. I report In respect of my examlnatlon of the £hariVs account5 carried out vnder settion 145 of tho Att and In carrySnB out rny ex3rnination I have followed all the applicable dlro£tiOll5 given try the Chariry Commisslon under section 14515llbl of the A¢1. Independent exèrninerf5 Statement I ha ctrnFAeted rny exarninatH)n I conf5rrn that no materlal mailers have tome to my attention In ConrtIOn ¥th the examinèti¢n 8IMn8 me rause lo belleve that ID any rnaieri31 respett.. ccountin8 recocdswere not kept lfi respert of the charlty as required bysectin 130 of ihe 2011 Act., or the ¥¢¢ounts do not attord with those records.. or the accounts do not ccthply th the applicab requirementscorKwnin8 the form and contet)t ol accounts set out in the Chaiities (Accounts and Reports) Re8ulations 2c8 other than any requSremtnt that the accounts Ive a'true and falr whith is rwt • matterMnslered as part of an independent examination. I have no concerns ènd have com¢ ¥ross fio other rnartrs In connection with the examirsation to whlch attentlon should be dra this report in order ioenablea proper undtrstandini of ¢he •ttovnts to be reached. R L White FCA Rlthes & Compinv Chartered Accountants 34 Anyards Road Cobhèm Surrev Kfii ZLA ZrNovernber 2025
Tkf PATTENERS¢0MIthrCMIhlIStE FOWIOAIKir srATENfMtOFHNANclThmES Ye•r•ided15 kknrth2025 T(rta PÈy[it fvnd5 Tot 2024 INCOME FROM 19314 P>.3?4 3&960 JÈ.J a8.)Y TOTALIMCOUE 98445 L04.44S EXPENtffVAE C1 17 JJJI 51.094 ÉhaAtalÈartl%t crS 15M7 79.516 1&536 roTAI EXPENmHt ISA77 13157 16.S36 NETINt0MEXPtNty1vNElIÉ1lrte M.72 I1571 124.3341 2M 110.5361 218.19D NETMtr4EiIENTOF FUNC6 IW595 {ty?1 233.578 123MII lutallund5br¢Jwhiftyw IAM343 iU79 1017.921 LY75,765 19.AlS TOTAL FUN05CIPA*DFOWIMO £2 J43 £13 STr U 017 922
THE PAThENMAKERS COMPANY CHARtfABLE FOUNDATION BALANCE SHEET 15 March 2025 Notes 2025 2024 FIXED ASSEtS Investrnents 1.851.616 1,868,537 CURRENT ASSETS Debtors Cash at bank 19.101 120.373 21.202 149,308 I70,510 139.474 CREDITOR5- amounts falling due wlthln one year io 7.370 NET CURRENT ASSETS 132,104 159,385 NET ASSETS £1.983,720 £2.027,922 FUNDS Unrestricted funds Revalvation reserve luniestricted funds) TOTAL UNRESTRICTED FUNDS 1.574.4C*J 1,463,141 406.348 1,980,748 546,202 2.C¥)9,343 12 Restrictefl funds 12 2,972 18,579 TOTAL CHARITY FUNOS 12 £1.983,720 £2,027,922 Approved by the trustees on Wovember 2025 J,6J J Wilson Renter Warden 2024-25
THE PAThENMAKERS COMPANY CHARABLE FOUNDATION NOTES TO THE ACCOUNTS ACCOUNTING POUCIES General information and bags of preparation.. The Pattenmakers Company (harltable Foundation 15 a charity registered with the Charity Commlssion In England and Wale5. The correspondence address Is given on page l ol these financial statements. The nature of the chariW5 operations and principal artivities are the advancement ol education, the relief ol poverty, the advancement ol religion and any other charitable purposes beneficial to the t0mrnunty. The flnancial statements have been prepared in atcordance with Attounting and Reporting by Charities.. Statemènt ol Recommended Practice applicable to d)arities preparing their accounts in accordance with the Flnancièl Reporting Standard applicable in the UK and Republit of Irèland issued in Ortober 2019. the Financial Reporting Standard applicable in the United Klngdom and Republlc of Ireland IFRS 1021, the Charilies Act 2011, and UK Generally Accepted Prartice. The Pattenmakers Company Charitable Foundation meets the definltion of a publsc benefit entity under SORP 2019. Assets and liabilities are inttially recognised at historical tost or transacbon value unle5$ otherwise srèted in thè rant accountin8 policy note. The flnantial statement5 art prepared on a goin8 concern basls under the historical Cost convention, modified to include certain Stems at fair value. The finanoal ststernents are presented in sterlin8, whlch Is the functional currency of the charity and rounded to the nearest £. The si8nlflcant accounting pollde5 applied in the preparation ol these linancial statements are set out below. The pollcles have been ¢onsiStentty applied to all years presented unless otheNise stated. Funds.. Unrestritted funds are available for use at the discrerion of the trustees In furtherance of the 8eneral objectives of the charlty and which have not been desi8naied for other purposes. Restricted funds are funds whSch ère to be used in atcordance with sprfifi¢ restrlctions Imposed by donors or which have been raised by the charity for particular purp05e3. The cost of raiyng and administerin8 suth fund5 are char8ed against the specific fund. The aim and use of each restricted fund is set out Sn the notes tts the Ilnancial statements. Income recognition= General income Income Is credited in the 5taternent of finanoal artiwties on the basis of actual reteipts. èxtept as stated below. Investment income ThSs is accounted for ¢n an Kcruals basis but Income tax recoverable thereon is accrued for the year endeé 5 April 2025.
THE PATfENWKEtiS COMPANY CHARITABLE FOUNDAnON NOTES TO THE ACCOUNTS ACCOUNTING POLICIES Icontldl Income recognitlon Itont/dl= Donations under Gift Aid During the year gift aid was recoveretl on donations. A debtor has been included in these accounts in respect ol arnounts due at the end of the year and rec5aimed subsequently. Expenditure reco8nition'. All expenditure is accountèd tor on an accruals basis and has been dassified under headings that aggregate all costs related io the category. It is categorised under the following headings.. Costs of raislng funds Expenditure on charitable activlties Other expenditure Irrecoverable VAT Is char8ed as an expense a8ain5t the artivity lor which expendlture arose. Gran¢ expendl¢ure is reco8nlsed when awarded to the ieclpient. The expense 15 included on an accrua15 basls in the year In which a legal or constructive obligatlon to pay the 8rant arises. Support costs allocatity).. Support Costs are those that assist the work of the tharity but do not directly represent chaTltable activities and Include offfi costs. 8overnance costs and administrative costs. They are incurred directly in SUPPOrt ol expenditure on the objerts ol the charity. Where support £osts cannot be directly attributèd to particular headin8S they have been allocated to cosi ol raisin8 lunds and expenditure On tharitable activities on a basls consistent with use ol the resources. Exchan8e ésffwences: Foreign turrency transactions are initially reco8nised by applyin8 to the forei8n currenty amount the spot exch8n8* rate between the lunrtional currency and the foreign currenLry at the date of the transaction. Investments.. Investments are recorded initially at fair value. which is norrnally the transactlon pr5ce Includln8 transaction costs. Subsequently they are measured at fair value, with chan8es reco8nised as unrealised gains and losses arisin8 on investments in the statement ol financial activities. and credited or charged to general fund5. Reali5ed gains and losses on Investments are shown in the statement of financial activities. Fair value lor the purposes of the accounts is based on a portfolio valuation dated 31 Marth 2024, prepared by the stockbrokers Killik & Co LLP. io
THE pAENMAKERs COMPANY CHARITA8LE FOUNDATION NOTESTOTHE ACCOUNTS ACCOUNTING POLlaES Icontldl Debtors and creditors receivable/payable wthin one year.. Debtors and creditor5 Wlth no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arisin8 from impairment are recognised in expenditure. Cash and cash equivalents: Cash and cash equivalents intlude deposits held at ¢all with banks and other short-term Ilquid Investments with ori8inal maturities of three month5 or les5. Taxation.. The Charity is an exempt charity within the meanin8 of schedule 3 of the CharitSes Act 2011 and is considered to Pa55 the tests Set out in Para8raph I khedule 6 Finance Act 2010. Goirt8 ¢on¢ern'. The flnanclal statements have been prepared on a 80in8 concern ba%s as the trustees believè that no material uncertaintie5 exist. The trustees have considered the level of lunds hèld and the expected level of incgme and expenditure for 12 rnonth5 Irom authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a 80in8 concern. judgements and key sources of estimation untertainty.. Accounting estimates and judgements are continually evaluated and are based on historical experlence and other fartors. including expectations ol future events that are believed to be reasonable under the clrcumstances. No judgements or key assumptions were made In the preparatlon of the accounts. 2 INVESTMENT INCOME 2025 2024 Income from listed investmenrs Inote 81 IDtere5t receivable Income tax recoverable 32,440 6,520 31,920 6.344 90 £38,960 £38,354 Intome from investments is wholly attributable to unrestricted lunds. li
THE PAThENMAKERS COMPANY CHARfTABLE FOUNDATION NOTES TO THE ACCOUNTS ANALYSIS OF CHARITABLE DONATIONS 2025 2024 Donations to individuals Donations to institutions 11,812 67,704 £79,516 12,988 55,642 £68,630 £Nil12024 £7551 of donations paid to indlthduals and £15.60712024 - £15.8911 paid to Instltutlons were attributable to restricted funds. All other amounts payable were attributable to unrestrirted funds. There were donations to 1912024- 241 individuals durirt8 ihe year. Recipients of donations to institution5- St Margaret Pattens Church City of London Sthool Cily ol London Sthool for Girls City of London Academy 1slin8ton Compass Schools Trust Duke's Aldrid8e Academy Notre Dame RC Gir15' School St Paul's Cathedral Chorister Trust The Charter School Bermond5ev I Choose Freedom LSvery Food Initlative Royal British Le8ion Fooiwear hardship fund St Mary-le-8ow Young Horneless Charity United Guilds, Servlce Trust Guildhall Library Lord Mayor'5 Appeal Sheriffs. and Recorderfs fund Footwear Industry Trust Bill Bird Shoes Limited Jane Saunders & Mannin8 timited Fiona Campbell trainer Combat Stress ShelterBox Trust Housln8 rhe Homeless Central Fund 8.OLN) 6.313 8,034 6,313 7.298 1,500 1.000 7,000 3.50) 12,CO) 2,000 2.500 250 250 SC 2CQ 3C 5CK) sc 1,5(N) 9,391 5,616 6Crf) 200 300 500 500 1,500 10.165 5,616 250 250 £67,704 £55.642 4 OTHER COSTS15UPPQAT COSTSI Governenee Inote 51 Other 29,041 77 27,182 70 £29,118 £27,252 Other costs (support costsl are wholly attributable to unrestricted funds. 12
THE pAENMAKERs COMPANY CHAR ABLE FOUNDATrON NOTES TO THE ACCOUNTS 5 GOVERNANCE COSTS 202S 2024 Administrator's fee Financial controller's fees Independent examiner Stockbroker 4,632 3.590 1.794 19.025 £29.041 6.869 3.342 1.794 15,177 £27,182 TRUSTEES AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES Except as disclosed in note 14. the trustees neither received nor waived any rernuneration or expenses durin8 the year12024- £Nill. EMPLoYeES There were no ernployee5 durin8 the year12024- None). INVESTMENTS FSxed Interest stocks Equities Total Valuation.. At l April 2024 Additions Disposals Revaluation 91.958 10,783 111.8721 1447 £90.422 1,776.579 2CQ,923 176,9021 139,406 £1,761,194 1,868,537 211.706 188,7741 1139.853 £1,851,616 At 31 March 2025 Investment income therefrom £S.601 £26.839 £32,440 All fixed asset investments a listed investments and are valued by Killik & Co LLP, tbe stockbrokers at 31 March 2025. The historical cost of fixeil asset investments is £1.445.269 12024 - £1.322,3361. It is Ihe oplnlon ol the trustee5 that the costs outwei8h the financial benefits of re-valuin8 the investment portfolio to 15 March value5. subject to adjvstment for material valuation movements should these be advised by the Investment Mana8er in the period between the balance sheet date and the portfolio valtsation date. There wefe no inve5tment5 rÈpre5entin8 more than 5% ol the portfolio's value. 13
THE PAThENMAKERS COMPANY CHARITABLE FOUNDATION NOTES TO THE Accouwrs 9 DEBTORS 2025 2024 Gift aid and income tax recoverable The Wor5hiplul Company of Pattenmakers Killik & Co LLP Prepayments Other debtors 2,759 4,320 9,089 2,616 4,632 £19,101 13,73S 3,147 £21,202 10 CREDITORS- amounts falling due wlthin one year Accruals Delerred income (note 111 7,370 8,759 2,366 £11,125 £7.370 11 DEFERRED INCOME Deferred incorne relale5 to sponsorship re1ve In advance in respect of a charitabl* artivity which took place aftèr the year end. 12 FUND IIECONCILIATION 16.03.24. Income Expenditure 15.03.25. Unrestricted funds Restrittèd lunds The John Foxon Pattenmakers Apprentitt Schemé 2,rx19,343 67,399 95,994 1.980,748 18,579 £2.027,922 15,607 £111,601 2,972 £1,983,720 £67.399 16.03.23. Income ExpenditUTe 15.03.24. Unrestri¢ted funds Restrictèd funds The John Foxon Pattenmakers Apprentice Scheme 1,775,765 316,73S 83,157 2.9.343 29.115 £1.804,880 16.536 £99,693 18,579 £2,027,922 £322,735 The john Foxon Pattenmakers Apprentice Scheme was created to aSSt with the training of apprentites in the manufactvre of orthopaedic footwear. 14
THE PAThENMAKERS COMPANY CHARITABLE FOUNDATION NOTES TO THE ACCOUNTS 13 ANALYSIS OF NET ASSEfs BEtWEEN FUNDS Unrestrirted funds Restricted fund5 Total At 15 Mareh 2025 Fixeij assets Cash Other current assetsliabilitie5 1,851.616 117.401 11,731 £1,980,748 1,851,616 120,373 11.731 £1,983.720 2,972 £2.972 At 15 March 2024 Fixed assets Cash Other current a55ets/liabllities 1.868,537 130,729 10,077 £2,009,343 1,868,537 149.308 10,077 £2,027.922 18.579 £18,579 14 RELATED PARTY TRANsAloN5 2025 2024 Durln8 the year under review there were related party tran5artion5 a5 follows: K D F 8ottomlev Trustee- Friend5 Of St Mar8aret Pattens Chufch Donaiions to St Margaret Pattens Chvrch £8,IKQ £8,0 J A Bryant-Pearson Trustee- Friends of St Margaret Pattens Church Donations to St Margaret Pattens Church £8.OC¥) £8,(0 Trustee- St Paul's Cathedral Chwister Trust Grant to St Paul's Cathedral Chorlster Trust £7,OCQ £7,LKJO A M Haywotsd Reimbursement of course fees paid on behalf of Pattenmakers, F¢Jture Leader Award Footwear winners £593 £1,080 D M Watson Smiih Trustee- Footwear Industry Trust Donations ro Footwear Industry Trust £1,5 There were no amounts outstandin8 at the year end. 15