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||Page|
|---|---|
|Reference and Administration
Information||
|The Trustees Annual
Report||
|Independent
Examiner's
Report||
|Statement of Financial Activities||
|Balance Sheet|10|
|Statement ofAccounting
Policies||
|Notes to the Financial Statements|14|
|Appendices|19|
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|Trustees|||The Master, Wardens|The Master, Wardens|and all other|full|
|---|---|---|---|---|---|---|
||||members
ofthe Court||ofAssistants|ofthe|
||||Company
(Appendix 1)||||
|Master|||A H Jarvis||||
|Honorary|Treasurer||SJ M Burrows||||
|Clerk|||S R Mackaness||||
|Independent||Examiners|JBGriffin||||
||||Newby Castleman|LLP|||
||||Chartered
Accountants||||
||||West Walk Building||||
||||110Regent Road||||
||||Leicester.||||
||||LE1 7LT||||
|Bankers|||Lloyds Bank Plc||||
||||7 High Street||||
||||Leicester LE1 9FS||||
|Solicitors|||Shakespeare
Martineau||LLP||
||||Two Colton Square||||
||||Leicester LE1 1QF||||
|Stockbrokers|||Brewin Dolphin||||
||||Olympic House||||
||||Doddington
Road||||
||||Lincoln||||
||||LN6 3SE||||
|Principal|Office||The Clerk||||
||||The Grange||||
||||Kimcote||||
||||Lutterworth||||
||||Leics. LE175RU||||
|Charity number|||292630||||
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|THE TRU|STEES ANNU|STEES ANNU|STEES ANNU|AL REPOR|AL REPOR|T FO|R THE YE|AR ENDE|AR ENDE|D 31 MARCH|D 31 MARCH|2022|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|During
this|academic year|||41 students||were|interviewed.|Students||are interviewed||face to face to gauge||
|their
knowledge|||of fabric
structure,|||show|their
design||innovation
and||give|a presentation.|The|
|sponsorship||of|students
taking
part||in|the Shima course||was resumed
after|||a year's pause due to||the|
|pandemic|and The National|||Theatre|has resumed
business were an apprentice||||||has|been sponsored.||
|Individual/||||Place of|||Name|||Value||||
|Or anisation|||Stud|IOr anisation||||||||||
|Individual|||Bri hton Universi||||Co Bursa|||3,000||||
|Individual|||De Montfort|Universit|||David Bethel|||3,000||||
|Individual|||Glas ow Colle e ofArt||||Co Bursa|||3,000||||
|Individual|||Kin ston Universi||||Co Bursa|||3,000||||
|Individual|||Leeds Universit||||HATRA Bursa|||3,000||||
|individual|||Northumbria|Universit|||Hill Osborne|||3,000||||
|Individual|||Nottin
ham|Trent Universit|||Rolf Noskwith|||3,000||||
|Individual|||Nottin
ham|Trent Universit|||Co Bursa|||3,000||||
|Individual|||RCA||||B
ord Bursa|||3,000||||
|Individual|||Derb
Lonsdale||||Co Award|||1,500||||
|Individual|||De Monffort|Universit|||Howard
Ellis Award|||1,500||||
|Individual|||De Monffort|Universi|||Rouse Award|||1,500||||
|Individual|||Falmouth
Universit||||Co Award|||1,500||||
|Individual|||RCA||||Co Award|||1,500||||
|Individual|||Universit
ofWest En||land||Co Award|||1,500||||
|Individual|||Winchester|Universit|||Co Award|||1,500||||
|Individual|||Winchester|Universit|||Co Award|||1,500||||
|Individual|||Central St Martins||||Carr Dou|ht||1,000||||
|Individual|||LCF||||Carr Dou|ht||1,000||||
|Individual|||Nottin
ham|Trent Universi|||Carr Dou|ht||1,000||||
|Individual|||Glas ow Colic e ofArt||||Co Award|||1,500||||
|Individual|||Huddersfield|Universit|||Co Award|||1,500||||
|Individual|||Nottin
ham|Trent Universit|||Co Award|||1,500||||
|Individual|||Nottin
ham|Trent Universi|||Co Award|||1,500||||
|Individual|||RCA||||Co Award|||1,500||||
|Or anisation|||Ruddin
ton|Museum||||||10,000||||
|Or anisation|||The National|Theatre||||||2,500||||
|Or anisation|||Live
Schools Link|||||||125||||
|Or anisation|||UKFT|||||||2,000||||
|Or anisation|||The Dra ers|Com
an||||||1,000||||
||||||||Total|||65,125||||
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||||||Total||
|---|---|---|---|---|---|---|
|||Unrestricted|Permanent|Restricted|Funds|Total funds|
|||Funds|Endowment|Funds|2022|2021|
||Note|F|||||
|Income|||||||
|Donations
8 Legacies||30,448|||30,448|16,004|
|Investment
Income||41,075|||41,075|41,015|
|Total Incoming Resources||71,523|||71,523|57,019|
|Expenditure
on:|||||||
|Charitable
Activities||78,674||3,000|81,674|12,596|
|Total Resources Expended||78,674||3,000|81,674|12,596|
|Net Gains /(Losses) on|||||||
|Investments||81,747|||81,747|201,925|
|Net Income/(Expenditure)||74,596||3,000|71,596|246,348|
|Net Income
/ (expenditure)||74,596||(3,000)|71,596|246,348|
|Reconciliation
of Funds|||||||
|Total Funds Brought Forward||1,174,072|7,858|3,000|1,184,930|938,582|
|Total Funds Carried Forward||1,248,668|7,858||1,256,526|1,184,930|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Note|||||
|Current Assets||||||||
|Investments|||||1,175,125||1,084,118|
|Debtors||||2,888||3,013||
|Cash at Bank 8 in||Hand||84,633||153,206||
|||||87,521||156,219||
|Liabilities||||||||
|Creditors: Amounts||||||||
|falling||||||||
|due within one year||||6,120||1,140||
|Net Current|Assets||||81,401||155,079|
|Net Assets|||||1,256,526||1,239,197|
|The Funds|ofthe|||||||
|Charity||||||||
|Permanent|Endowment||||7,858||7,858|
|Restricted|||||||3,000|
|Unrestricted||||||||
|General||||555,955||546,734||
|Designated||||692,713||627,338||
|Total Unrestricted||Funds|||1,248,668||1,174,072|
||||||1,256,526||1,184,930|
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|||||Peshall||||||
|---|---|---|---|---|---|---|---|---|---|
|3|Donations|&Legacies|Accumulated|Hirst|Don Gwillim|Designated|Restricted|2022|2021|
||||Inc Fund|Funds|Funds|Fund|Funds|Total|Total|
|||||6|6|f||||
||Donations||16,085|||||16,085|940|
||Covenants||14,363|||||14,363|15,064|
||||30,448|||||30,448|16,004|
|||||Peshall||||||
|---|---|---|---|---|---|---|---|---|---|
|4|Investment|Income|Accumulated|Hirst|Don Gwillim|Designated|Restricted|2022|2021|
||||Inc Fund|Funds|Funds|Fund|Funds|Total|Total|
|||||R||||||
||Dividends||8,165|7,962|765|24,183||41,075|40,998|
||Interest||||||||17|
||||8,165|7,962|765|24,183||41,075|41,015|
|||||Peshall||||||
|---|---|---|---|---|---|---|---|---|---|
|5|Charitable
Activities||Accumulated|Hirst|Don Gwillim|Designated|Restricted|2022|2021|
||||Inc Fund|Funds|Funds|Fund|Funds|Total|Total|
||Grant funding||8|8||8|6|8||
||Awards||27,625|19,500||15,000|3,000|65,125|8,225|
||Direct costs|||||||||
||Bursary Awardees|Exp|1,210|||||1,210||
||Shima Seiki||2,880|||||2,880||
||Shima Seiki Student
Exp||1,022|||||1,022||
||Bursary Committee
Exp||2,112|||||2,112|19|
||Video IAdvertising||55|||||55||
||Governance Costs|||||||||
||Examination
fees||1,254|||||1,254|1,140|
||Stockbroker
Exp||692||25|1,129||2,500|600|
||Support Costs|||||||||
||Accountancy
Exp||1,195|1,196|299|||2,690|2,612|
||Sundry Expenses||2,826|||||2,826||
||||40,871|21,350|324|16,129|3,000|81,674|12,595|
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|||2022||||2021|||
|---|---|---|---|---|---|---|---|---|
|||Cost||Market||Cost|Market||
|||||Value||||Va/ue|
|Accumulated|Inc Fund|134,135||239,834||122,571|225,766||
|HATRA||490,318||672,619||452,247|576,417||
|Peshall
Hirst|Funds|123,607||215,275||138,178|210,678||
|Don Gwillim
Total Listed|Fund|||||11,166||14,930|
|Investments||748,060|1,127&728|||724,162|1,027,791||
|Investment
Cash||47,397||47,397||56,327||56,327|
|||795,457|1,175,125|||780,489|1,084,118||
|Listed Investments||Value at
01/04/202||Sales|pur has s|Val Ad) at
31/03/2022||Value at
31/03/2022|
|Fund Name|||||||||
|Education
Charit||225,766||65,311|62,499|16,881||239,835|
|HATRA Fund||576,417||82,906|121,787|57,321||672,619|
|Peshall
Hirst|Funds|210,678||55,310|52,707|7,199||215,274|
|Don Gwillim|Fund|14,930||15,276|||346||
|Total||1,027,791||218,803|236,993|81,747||1,127,728|
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|7|Debtors||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||Taxation|Recoverable|||||||2,873|3,013|
||Other||||||||15||
||||||||||2,888|3,013|
|8|Creditors||||||||2022f|2021|
||Accruais|—External Examination|||||||1,254|1,140|
||Other||||||||4,866||
||||||||||6,120|1,140|
|9|Financial|Instruments|||||||2022|2021|
||Carrying|amount offinancial||assets|||||||
||Measured|at fair value through||net income||/|expenditure||1,127,728|1,027,791|
||Carrying|amount offinancial|||||||||
||liabilities||||||||||
||Measured|at amortised cost|||||||1,254|1,140|
||Income and||||||||||
||expenditure||||||||||
||Financial|assets measured|at fair value through|||||net|||
||income
/|expenditure|||||||41,075|34,947|
||Net gains and losses (including||||changes||in|fair value)|81,747|201,925|
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|Fund Name||Balance|Incoming|Resources|Unrealised|Realised|Balance|
|---|---|---|---|---|---|---|---|
|||B/F|Recei ts|Ex ended|Gains/Loss|Gains/Loss|C/F|
|Restricted and Endowment||||||||
|Funds||||||||
|Carr Dou
ht
—restricted||3,000||3,000||||
|Matthew
Simmons - endowment||7,858|||||7,858|
|Total Restricted and||||||||
|Endowment
Funds||10,858||(3,000|||7,858|
|Unrestricted
Funds||||||||
|Accumulated
Income Fund||259,416|38,613|40,872|11,443|5,438|274,038|
|General - The Peshall
Hirst|Fund|263,235|7,962|21,350|3,847|3,352|257,046|
|General - The Don Gwillim|Fund|24,083|765|323||346|24,871|
|Total Unrestricted
Funds||||||||
|excludin
Designated
Funds||546,734|47,340|62&545|15,290|9,136|555,955|
|Desi nated Funds||||||||
|The HATRA Fund||627,338|24,183|16,129|61,293|3,972|692,713|
|Total Desi
nated Funds||627,338|24,183|(16,129)|61,293|3,972|692,713|
|Total Funds||1,184,930|71,523|81,674)|76,583|5,164|1,256,526|
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|1.Anal|ysis of Net Assets|Between Funds|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Permanent|Designated|Restricted|Total|
|||Funds|Endowment|Fund|Funds|Funds|
|||E|||F||
|Investments||478,133||696,992||1,175,125|
|Cash &|Bank|79,925|7,858|(3,150)||84,633|
|Debtors||2,888||||2,888|
|Current|Liabilities|(4,991)||(1,129)||(6,120)|
|Net Assets at 31stMarch|||||||
|2022||555,955|7,858|692,713||1,256,526|
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|APPENDIX TO THE FINANCIAL
YEAR ENDED 31 MARCH 2022
1.Trustees|STATEMENTS||||
|---|---|---|---|---|
||A|ointed|Resi|ned|
|AH Jarvis||2012|||
|EP Fox||2013|||
|MR Ellis||2010|||
|Past Masters|||||
|JG Ellis||2017|||
|IM Grund||2014|||
|SA Turner||2009|||
|PR White||2013|||
|ME Green||2012|||
|TDW Miller||2008|||
|LJ Smith||2008|||
|SH Woolfe||2008|||
|GAF Smith||2007|||
|PD Bethel||2004|||
|GFC Turner||2002|||
|HC Stevenson||1996|||
|SK Murra||1996|||
|SFRichards||1995|||
|PC Osborne||1981|2021||
|Assistants|||||
|DP Corah||2010|||
|JJ Pears||2012|||
|PM Tranter||2015|||
|C Bethel||2019|||
|J Martin||2019|||
|M Tra nor||2019|||
|SJM Burrows||2020|||
|C Fuller||2021|||
|SJa elman||2021|||
|H Woolfe||2021|||