2022-03-31-accounts - The Masons Company Craft Fund

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		Page
Report ofthe Trustees		1to3
Independent Examiners	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		7to9
Investments		10to13

forthe Year Ended 31Starch	20	22
						Sydney		Eric Brookes	2822	2021
					Nun Fund	Mason	Fund	Fund	Total Funds	Total Funds
				Notes		2			5	5
INCOMING RESOURCES
Incondng msources from gnerated			funds
Investment mcome					59,233	2,267		2,071	63,571	40,063
Other income					58,128				58,128	141,528
Transim beiweeen funds					(40,001)			40,001
Total incoming resouroas					77,361	2,267		42,072	121,700	181,611
RESOURCES EXPENDED
Donations
Grants 8Donations					8,833				8,833	6,500
Donations to Gty 8 Guilds London Ans			School		2,500				2,500
City 8 Guilds of London Institute		- JVProject			10,000				10,000	10,000
Sydney Mason Fund Other Prlxes and Awenls					7,148		2,500		2,500 7,148	241
Building Crafts College					2,500				2,500	2,500
Total Donations					30,981		2,500		33,481	19,241
Student Grants
Building Crafls Co&ega Moulton					19,050 6,250				19,050 6,250	9,716 8,250
Bath					5,500				5,500	1,250
Gty 8 Guilds ofLondon Art School Cathedral Grants - Apprentimmhips					13,250 9,000				13,250 9,000	10,000 18,750
Other										916
Total Grants					53,050				53,050	45,882
Travelling expenses for manning		exhibits
Adminisbation expenses					12,405				12,501	11,011
Fund Manager's Fees					13,092				13,092
Total resources expended					109,528		Z&98		112,124	77,134
NET INCOMING RESOURCES					(32,167)		(329}	42,072	8,576	'l04,477
Ogler' recognised gable I(losses)
Gains f(losses) on investment	assets
Net incoming msources					(32,16?)		(329)	42,072	9,576	104,477
TOTAL FUNDS CARRIED FORWARD					(32,187)		(329)	42,072	9,578	104,47?
TOTAL FUNDS BROUGHT FORWARD					1,6M,869	81,805		50,300	1,792,774	1,402,907
Gainer (losses) on investment	assets				62,195				64,872	285,390
TOTAL FUNDS CARRIED FORWARD					1,890.897	84,153		92,372	1,&&T,222	1,792,774

Balance Sheet forthe Year Em!ad 31Narch 2022
				Elle Bnmhea	2022	2021
				Furrtl	Total Funds	Total Funds
				2	2
RXEDASSETS
Investments	5	1,633,113	80,096	89,745	1,802,954	1,703,935
CURRENT ASSETS
Prepayments &accrued income		13,280			13,280	10,814
Debtors			120		120	20,250
Cash at bank		89,188	6,736	2,327	98,251	114,804
		102,467	6,856	2,327	111,651	145,868
CREDITORS
Amounts falling due within one year		(44,883)	(2,499)		(47,382)	(57,029)
NET CURRENT ASSETS		57,584	4,35T	2,327	64,268	88,839
TOTAL ASSETSLESSCURRENT LIABILBIES		1,690,697		92,073	1,867,222	1,792,774
NET ASSETS		1,NO,N7	gsvt53		12I87,222	1,792,774
FUNDS
Unrestricted funds					1,690,69T	1,660,669
Restricted funds						132,105
					IW7,222	1,792,774

	Main	EricBrookes	Sydney Mason	TOTAL	TOTAL
	Fund	Fund	Fund	2022	2021
	f	f	f	f	f
PORTFOUO VALUAllON
Book Cost	1,120,739	89,745	78,0'I 5	1,288,500	1,247,891
Revaluations	512,374		2,080	514,454	458,044
Market Value	1,633,113	89,745	80,096	1,802,954	1,703,935

		2022 f	2021
Prepayments	5accrued income	13,280	10,814
Other debtors		120	20,250
		13,400	31,064
CREDITORS: AMOUNTS FALUltG DUE WITHIN ONE YEAR
		2022f	2021f
Bank loans and overdrafts
Taxation and	sodal security
Other creditors			13
Rowlandson	Historic Fund		10,000
Accruals		47,382	47,016
		47,382	5?,029

8	MOVEMENT IN FUNDS
		Balance	as at	Net Incoming	Balance	as at
		01/04/2021		resources	31/03/2022
		F			E
	Unrestricted funds
	Main Fund	1,660,669		30,026	1,690,697
	Restricted funds
	Sydney Mason Fund		81,805	2,647		84,452
	Eric Brookes Fund		50,300	41,773		92,073
	TOTAL FUNDS	1,792,774		74,448	1,887,222
9	SYDNEY MASON FUND
				2022f	2021f
	INCOME
	Donation from Main Fund
	Bank Deposit Interest			1		2
	Investment Income			2,266		1,915
				2,287		1,917
	EXPENDITURE
	Student Grants 8 Other Expenses			2,596		2,569
	SURPLUS FOR THE YEAR			(329}		(652}

					Market
					Value
				COST	~3103.22
Main Trust Fund	(Unrestricted}			8
Cor orsteBonds 1.
20,000 Intermediate Capital Grp Pic5%nts 24l3l23 gbp1000
~Bd F s L38%
449 Ml twenty four Dynamic Bond				49,495	47„726
ISHARES BOUGHT 2410ISHS GBPIDX LKD		GLTETF	GSP B1G52VO@
GBP20.7392-ISHARES II PLC GBP IDX-LINKED GILTS			UCITS ETF	50,001	48,111
HENDERSON INVESTMENT	FUNDS LTD FIXED INTEREST BOUGHT
45500JH FXDINT MTH INC	I INC B7GSYN7@GBP 1.108			50,324	48,003
Preference Sh tes 2.76%
13,250Ecclesiastical Insurance 018ce8.625/s		Non&urn	IRRD PRF GBP1	16,308	19,080
15,000l.loyds Banking Group 9.25% Non&em e~1.80!t		IRR PRF	SHS
760Diageo Ord GBP0.28935185				14,082	29,363
C~hl \ 1.81
637Johnson Matthey Ord GBP1.047619
BOUGHT 375CRODA INTL	ORD GBP0.1060			25,026	29,550
E mnic8 Elec calE u'	ent 343%
2,290Helms Otd GBP0.10				14,549	47,690
Fisanatal Services 1.16%
LONDON STOCK EXCHANGE GROUP ORD GBP0.6918604				21,644	21,110
Gas W terSM I''	126%
2,310National Grid Ord GBP	0.113953			19,402	27,082
Industrial n ineerln 2.02'/o
280Spirax-Bares Engineering	Ord GBP0.269230769			18,151	35,098
Industrial Metals 4Minin
760 Rio Tinto Ord GBP0.10				22,078	46,216
Industrkd u rtServices	1JI6%
1,460 Diploma PicOrd GB0.05				20,122	38,456
Life Insurance
1,210Prudential Ord GBP0.05				9,959	13,721
		Sub Total carried forward:		331142	~451205

						Meet
						Value
					COST	~31.03. 2
Main Trust Fund	(Unrestricted)				6	6
				Sub Total brought forward	331,142	451,205
~d~ia 1.36'/a
1,180RELX PLC GBP0.1444					17,490	28,119
Personal Go 2.34%
725 Unilever Plc Ord GBP0.031111					17,606	25,049
BOUGHT 3010THG PLC ORD	GBPQ.005BMTV739@GBP7.3936261				3,108	386
Pharma IsSBi n	o	1.3 %
1,175Glaxosmithkline Ord GBQ.25					28,018	30,226
Real Estate Inves Trusts	252%
700 Derwent London GBP0.05					22,696	22,463
5,090Segro GBP3.085					14,348	61,624
Mobge Telecommunications
10,965Vodafone USD0.2095238					25,552	13,689
TRAVEL LEISURE 1.$1
INTERNATIONAL CONSOLIDATED AIRLINE				ORD	22,122	18,321
llssi. ~'/ I
10160JUPITER FUND MANSGERS		LIMITED			19,533	23,523
N Agte~rtca 7~?1
12,210JP Morgan American Investment			Trust	Ord GB0.05	27,412	94,139
2,180Ishares Core Stt P500 Ucits ETF			USD	inc	41,831	93,739
				Sub Toial cerned forward	570889	862483

		~Marks
	COST	31.03.22
M n Trust Fun (Unmstrictad)	8	8
	B/F
Sub Total brought forward	578,889	882,483
.IGG
18,330Schroder Oriental Income Fund Ord GBP0.01	32,087	49,674
BOUGHT 700MSIM ASIA OPPORTUNITY Z GBPA 5DL54H5@GBP
71.66-MORGAN STANLEY INVESTMENT FUNDS ASI	50,182	28,098
Eme in Martrets 1.48
15,860JPMorgan Gbl Emerg Mkts Inc PLC GBPO.01	19,512	21,173
~GI
BOUGHT 540VANGUARD FTSEATW ETFB7NLLH2 @GBP64.909425	45,189	61,434
BOUGHT 145VANGUARD FTSEA/W ETFB7NLLH2 @GBP69.63979
11,000FUNDSMITH LLP EQUITY I INC NAV	29,887	60,856
~GI T
9,100ScoNsh Mortgage Inv Trust Ord GBP0.05	13,154	93,366
BOUGHT 6050 IMPAX ENVIRON MKT31232-gitPAX ENVIRONMENTAL
MARKETS ORD SHS GBP0.10	24,958	28,254
BOUGHT 810GAM DISRUPTIVE GTH INST GBPA IL5VMHR5 @GBP
42.112&GAM STAR FUND DISRUPTIVE GTH INSTITUTIONAL	34,131	50,512
Infrssfrucb~4~9G
BOUGHT 30000DIGITAL 9INFRASTRUCTURE OR BMDKH43 @GBP
1-DIGITAL 9WFRASTRUCTURE PLC ORD NPV	30,020	33,180
21,200The Renewables Infrastructure GRP Ord NPV	29,046
24,350Foresight Solar Fund Lid NPV	34,978	37,128
8,5263I Infrastructure NPV	20,976	36,925
BOUGHT 34000TRIPLE POINT ENRGY EFFINFR BMCBZLO rbb GBP 1	34,020	28,730
14,025 Bilfinger Berger Global Infra SICA VORD NPV	23,496	34,100
18,380Greencoat UK Wind PicORD GBP0.01	23,795	33,650
BOUGHT 22800 GRESHAIIII HOUSE ENERGY	29,682	31,806
~Pro arty~6.18M
23,800Picton Property Income Ltd	9,878	23,395
17,640Aberdeen Siandanl EURGSP0.1	17,660	19,404
17,750CIVITAS	17,770	15,514
BOUGHT 18000HOME REITPLC ORD GBP0.01 BJP5HK1 @GBP1-
HOME REITPLC ORD GBP0.01	18,020	22,320
11,630Tritax Big BoxReit Pl Ord GBP0.01	11,995	28,121
	1,121,326	~f833,113
CASH
SETTLEMENTACCOUNT	0	0
CASH ON DEPOSIT	-151	-151
INCOME ACCOUNT	0	0
	~1121,1?4	~1832982

	THE WORSHIPFUL COMPANY OF MASONS	THE WORSHIPFUL COMPANY OF MASONS
	EMASONS CO	PANY CRAFT FUND
	NVESTMENT PORTFOLIO AT31 MARCH 2022
			MSrket
			V~al e
		COST	31.03.22
Sydney Mason Fund	(Restrictedl	E
68,881Coleman Street invs Inc Units		78,015	80,086
			Market
			Value
		~CO T	31.03.22
Eric Brookes Fund	(Restricted)
aa,taa coteman street tnvs mc poruono		50,044	89,745