|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 3|
|Independent
Examiners|Report||
|Statement
ofFinancial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements||7 to 9|
|Investments||10to 13|
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|||||||||Sydney|Sydney||Eric Brookes|2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Main Fund|hlason|Fund||Fund|Total Funds|Total Funds|
||||||Notes||5|2|||f|5||
|INCOIIIING RESOURCES||||||||||||||
|Incoming resources
from generated||||||funds||||||||
|Investment
income||||||2|60,402||2,312||2,729|65,443|63,571|
|Other income||||||||||||37478|58 128|
|Total incoming|resources||||||97,879||2,312||2,729|102,920|121,699|
|Donations||||||||||||||
|Grants &Donations|||||||9,679|||||9,679|8,833|
|Donations to City &Guilds London Arts||||||School|2,500|||||2,500|2,500|
|City &Guilds of|London|Institute||-JV|Project||10,000|||||10,000|10,000|
|Sydney Mason Fund|||||||||||||2,500|
|Other Prizes and Awards|||||||1,943|||||1,943|7,148|
|Building
Crafts College|||||||2,500|||||2,500|2,500|
|Edic Brookes Bursary|||||||||||1,500|1,500||
|Total Donations|||||||28,622||||1,500|28,122|33,481|
|Student Grants||||||||||||||
|Building Crafts College|||||||11,750|||||11,750|19,050|
|Moulton|||||||1,850|||||1,850|6,250|
|Bath|||||||3,000|||||3,000|5,500|
|City &Guilds of|London|Art School|||||13,350|||||13,350|13,250|
|Cathedral
Grants- Apprenticeships|||||||7,800|||||7,800|9,000|
|Total Grants|||||||37,750|||||37,750|53,050|
|Other||||||||||||||
|Admimstration
expenses|||||||13,221|||72||13,293|12,501|
|Fund Manager's|Fees||||||10,756|||||10,756|13,092|
|Total resources|expended||||||88,349|||72|1,500|89,921|112,124|
|NET INCOMING|RESOURCES||||||9,530||2,240||1,229|12,999|9,575|
|Net movement|in funds||||||9,530||2,240||1,229|12,999|9,575|
|TOTAL FUNDS|CARRIED FORWARD||||||9,530||2,240||1,229|12,999|9,575|
|TOTAL FUNDS|BROUGHT||FORWARD||||1,690,697|84,153|||92,372|1,867,222|1,792,774|
|Gains/(lasses)|on investment||assets||||(231,928)|(4,419)|||(9,452)|(245,799)|64,872|
|TOTAL FUNDS|CARRIED FORWARD||||||1,468,299|81,974|||84,149|1,634,422|1,867,221|
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|||||Sydney|Eric Brookes|2023|2022|
|---|---|---|---|---|---|---|---|
||||Main Fund|Mason Fund|Fund|Total Funds|Total Funds|
||Notes||2||2|5||
|FIXEDASSETS||||||||
|Investments||5|1,425,913|77,998|81,989|1,585,900|1,802,954|
|CURRENT ASSETS||||||||
|Debtors|||952|||952|120|
|Prepayments
&accrued income
Cash at bank|||28,269
56,768|3,976|3,659|28,269
64,403|13,280
98,251|
||||85,989|3,976|3,659|93,624|111,651|
|CREDITORS||||||||
|Amounts
falling due within one year|||(43,602)||(1,500)|(45,102)|(47,382)|
|NET CURRENT ASSETS|||42,387|3,976|2,159|48,522|64,268|
|TOTAL ASSETS LESSCURRENT|LIABILITIES||1,468,300|81,974|84,148|1,634,422|1,867,222|
|NETASSETS|||1,468,300|81,974|84,148|1,634,422|1,867,222|
|FUNDS||||||||
|Unrestricted
funds
Restricted
funds||||||1,468,299
166,123|1,690,697
176,524|
|||||||1,634,422|1,867,221|
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|Restncted funds|can only be used for particular|can only be used for particular|restncted|purposes|within|within|the objects ofthe chafity. Restrictions
arise|the objects ofthe chafity. Restrictions
arise|
|---|---|---|---|---|---|---|---|---|
|when specified
by the donor or when funds are|||raised for|particular|restficted purposes.||||
|Further explanation||ofthe nature and purpose|of each fund is included|||in|the notes to the financial statements.||
|INVESTMENT INCOME|||||||||
||||||||2023|2022|
|||||||||F.|
|Rents received|||||||17,100|15,050|
|Investment
income|||||||48,004|48,513|
|Deposit account|interest||||||339|8|
||||||||65,443|63,571|
|Fund manager's|fees for the year ending 31 March 2023|||total 610,756||(2022:613,082)|||
|OTHER INCOME|||||||||
||||||||2023|2022|
||||||||6|6|
|Donations|||||||37,478|40,017|
|Fundraising||||||||3,111|
|Legacies (reshicted)|||||||||
|Legacies (unrestricted)||||||||15,000|
||||||||37,478|58,128|
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||Main|Eric Brookes|Sydney Illlason|TOTAL|TOTAL|
|---|---|---|---|---|---|
||Fund
f|Fund
f|Fund
f|2023|2022
f|
|PORTFOLIO VALUATION||||||
|Book Cost|1,175,287|89,745|80,096|1,345,128|1,288,500|
|Revaluations|250,626|(7,756)|(2,098)|240,772|514,454|
|Market Value|1„425,913|81,989|77,998|1,585,900|'I,802,954|
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|||2023|2022|
|---|---|---|---|
|||E|E|
|Prepayments|8 accrued income|28,269|13,280|
|Other debtors||952|120|
|||29,221|13,400|
##
||2023|2022|
|---|---|---|
||E|E|
|Bank loans and overdratts|||
|Accruals|45,102|47,382|
||45,102|47,382|
|8|II/IOVEMENT
IN FUNDS||||||
|---|---|---|---|---|---|---|
|||Balance|as at|Net Incoming|Balance|as at|
|||01/04/2022||resources|31/03/2023||
|||6||6|||
||Unrestricted
funds||||||
||Main Fund|1,690,697||(222,398)|1,468,299||
||Restricted funds||||||
||Sydney Mason Fund||84,451|(2,477)||81,974|
||Eric Brookes Fund||92,073|(7,924)||84,149|
||TOTAL FUNDS|1,867,221||(232,799)|1,634,422||
|9|SYDNEY MASON FUND||||||
|||||2023|2022||
|||||6|6||
||INCOhllE||||||
||Donation
from Main Fund||||||
||Bank Deposit Interest|||||1|
||Investment
Income|||2,312||2,266|
|||||2,312||2,267|
||EXPENDITURE||||||
||Student Grants 8 Other Expenses|||72||2,696|
||SURPLUS FOR THE YEAR|||2,240||(329)|
##
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|||||||INarket|
|---|---|---|---|---|---|---|
|||||||Value|
||||||COST|31.03.23|
|Main Trust Fund|(Unrestricted)||||8|f|
|390 Ml TWENTYFOUR
DYNAMIC|BOND GROSS|||I INC NAV|37,278|35,638|
|2,410ISHARES BOUGHT 2410ISHS GBP|||IDX LKD GLT ETFGBPB1G!||50,001|34,878|
|41,400JANUS HENDERSON
FD|MGMT UK LTD|||FIXED INTEREST MOI'|39,523|37,045|
|Preference Shares
2.76%|||||||
|25,760 Ecclesiastical Insurance
Office 8.625% Non-Gum
IRRD PRF GBP'|||||32,804|34,003|
|760 Diageo Ord GBP0.28935185|||||14,082|27,466|
|375CRQDA INTL QRD GBP0.1060|||||25,026|24,368|
|Electronic &Electrical E ui ment||343%|||||
|2,290 Helms Ord GBP 0.10|||||10,721|31,206|
|Financial Services 1.16%|||||||
|360LONDON STOCK EXCHANGE||GROUP|QRD|GBP0.6918604|29,684|28,325|
|Gas Water &Mutliutilities
1.26%|||||||
|2,310National
Grid Ord GBP0.113953|||||19,402|25,329|
|Industrial
En
ineerin
2.02%|||||||
|280Spires-Ssrco Engineering
Ord|GBP0.269230769||||20,811|33,194|
|Life Insurance|||||||
|1,210 Prudential
Qrd GBP0.05||||||13,334|
||||Suit Total carried forward:||289 297|324788|
##
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||||||Market|
|---|---|---|---|---|---|
||||||Value|
|||||COST|31.03.23|
|Main Trust Fund|(Unrestricted)|||8|E|
||||Sub Total brought forward|289,297|324,786|
|1,180RELX PLC GBP0.1444
Industrial
Metals &Minie
760 Rio Tinto Ord GBP0.10
~/||||17,490
18,011|30,892
33,964|
|725 Unilever Pic Ord GBP0.031111||||17,608|30,378|
|Pharmaceuticals
8 Biotechnolo|1 38%|||||
|2,178Glaxosmithkline
Ord GB0.25||||32,824|31,124|
|Industrial
Su
ort Services 1.56%||||||
|1,240 Diploma Pic Ord GBP0.05||||17,090|34,844|
|Real Estate Investment
Trusts|252%|||||
|17,150MERCANTILE INVESTMENT|TST FLC(THE) ORD|||36,788|34,386|
|700 Derwent
London GBP0.05||||22,696|16,506|
|4,580Segro GBP0.10||||14,348|35,156|
|TRAVEL &LEISURE
1 61%||||||
|12,880 INTERNATIONAL
CONSOLIDATED|||AIRLINE ORD|22,122|19,446|
|~*"'"'"||||||
|12,210JP Morgan Amedican
Investment||Trust Ord GB0.05||27,442|86,691|
|2,695 Ishares Core S 5 P500 Uuts ETF||USD Inc||41,831|88,490|
||||Sub Total carried forward|557547|~766683|
|||||Market|
|---|---|---|---|---|
|||||Value|
||||COST|31.03.23|
|Main Trust Fund
(Unrestricted)|||||
||||B/F||
|||Sub Total brought forward|557,547|755,663|
|18,330Schroder Oriental
Income Fund|Ord|GBP0.01|32,087|47,383|
|700 MORGAN STANLEY INVESTMENT FUNDS ASI|||50,182|28,910|
|685 VANGUARD
FTSEA/W ETF 87NLLH2||@GBP 64.909425|45,189|58,585|
|9,100 Soouish Mortgage
Inv Trust Qrd|GBP|0.05|13,154|61,753|
|6050 IMPAX ENVIRONMENTAL
MARKETS||QRD SHSGBP0.10|24,958|25,924|
|810GAM STAR FUND DISRUPTIVE GTH INSTITUTIONAL|||34,131|38,249|
|37,450 FUNDSMITH SUSTAINABLE EQUITY FUND SUSTAINABLE EQUI|||66,007|63,905|
|32,650 DIGITAL 9INFRASTRUCTURE|PLC|ORD NPV|33,024|19,949|
|26,650The Renewables
Infrastructure|GRP|Ord NPV|32,039|33,259|
|33,150Foresight Solar Fund
Ltd NPV|||34,978|36,730|
|10,626 31 Infrastructure
NPV|||20,978|33,259|
|34,000TRIPLE POINT ENRGY EFF INFR BMCBZL04GBP 1|||34,020|21,250|
|24,040 Greencoat
UK Wind Pic ORD GBP0.01|||26,790|37,695|
|22,800 GRESHAM HOUSE ENERGY|||29,882|35,340|
|23,800 Plcton Property Income
Ltd|||9,878|16,493|
|17,640 Aberdeen
Standard
EURGBP0.1|||17,660|12,048|
|17,750 CIVITAS|||17,770|9,532|
|18,000 HOME REIT PLC ORD GBP 0.01|||18,020|6,849|
|11,630Trttax Btg BoxReit Pl Ord GBP|0.01||11,995|16,270|
|ENERGY EFFICIENCY|||||
|28,600 SDCL ENERGY EFFICIENCY INC TST PLC ORD|||35,007|24,024|
|~UK Tre eau|||||
|34,900UNITED KINGDOM TREASURY|||30,193|31,842|
||||1,175,289|1,425,913|
|CASH|||||
|SETTLEMENTACCQUNT|||0|0|
|CASH ON DEPOSIT|||5,246|5,246|
|INCOMEACCOUNT|||272|272|
|Total secured interest||||249|
||||1,180,806|~4434,680|
||THE WORSHIPFUL COMPANY OF IIIIASONS|||
|---|---|---|---|
||THE MASONS COIIIIPANY CRAFT FUND|||
||INVESTMENT PORTFOLIO AT 31 MARCH 2023|||
||||Market|
||||Value|
|||COST|31.03.23|
|Sydney Mason Fund|(Restricted)|6|6|
|68,881 Coleman Street Invs Inc Units||80,096|77,998|
||||Market|
||||Value|
|||COST|31.03.23|
|Eric Brookes Fund|(Restricted)||8|
|as,tas coieman street mvs mc pornono||89,745|81,989|