2021-04-05-accounts

Reports	Reports	Reports	Reports
Legal and administrative				information
Trustees'	report
Independent		examiner's		report
Accounts
Unaudited		statement	offinancial
activities
Unaudited		balance sheet
Prinapal	accounting		pohcies
Unaudited		notes to	the accounts		14

Trustees	Trustees			Master, Wardens		and	Court	ofthe Art or	ofthe Art or	Mistery of Butchers ofthe City
				of London
Members ofthe Court				Peter Allen
				John Allton Jones
				David Baker
				Graham Baker-Chair			Charities Committee			from September 2020
				Bob Bansback
				Derek Berry-Chair		Charities		Committee	(died August 2020)
				Margaret Boanas
				Steve Chick
				Jim Connell
				Patricia Dart (resigned			Court Sept 2020)
				Paul Dolan
				Tim Dumenil
				Geoff Gillo (resigned			Court	Sept 2020)
				Rachel Griffiths
				Gwyn Howells
				Andrew Parker
				Julian Pursglove
				Dave Richards
				Jean Sawdon
				Anthony Stanton
				Timothy Stone
				Alan Thompson		corn
				Stuart Thompson		(resigned		Court Sept	2020)
				Chnstopher Wood
				Rob Yandell
Registeredlprincipal			office	Worshipful Company Butchers Hall			of Butchers
				87 Bartholomew	Close
				London
				EC1A7EB
Telephone		number		02039318350
Fax number				02076064108
E-mail				clerk@butchers hall.
Charity	registration		number	297603(England		and	Wales)

Independent	examiner	Kreston Reeves	Kreston Reeves	LLP
		Chartered	Accountants
		2"'Floor
		168Shoreditch		High Street
		London
		E16RA
Bankers		CAF Bank	Limited
		25 Kings Hill Avenue
		Kings Hill
		West Mailing
		Kent
		ME194JQ
Investment	advisors	Investec
		2 Gresham	Street
		London
		EC2V TQN

		Unrestricted funds	Permanent endowment funds	Restricted funds	Total 2021	Total 2020
					K	6
	Notes
Income from:
Donations and legacies	1	9,025			9,025	4,025
Investments	2	25,000			25,000	34,051
Total income		34,025			34,025	38,075
Expenditure on:
Raising funds		2,757			2,757	2,974
Charitable activities		27,576			27,576	31,532
Total expenditure		30,333			30,333	34,506
Net income for
the year before investment		3,692			3,692	3,569
gains and losses
(Losses) gains on mvestments		124,807	4,628		129,435	(158,487)
Net
(expenditure)
income and net		128,499	4,628		133,127	(154,918)
movement in
funds
Fund balances
brought forward		642,113	49,802	1,831	693,746	848,664
at 06/04/2020
Fund balances
carried forward		770,612	54,430	1,831	826,873	693,746
at 05/04/2021

Charitable activities
				Totalfunds
				2021	2020
Grants to institutions				E
IOM/WCB Prize Giving Event					5,100
Harper Adams University	Meat	Training	Bursariss	12,000
Harper Adams University	PHD	Student			6,000
Harper Adams Meat Research		and Meat	Spoilage		11,400
Harper Adams Summer School					1,000
Nuffield Scholarship				7,000
World Skills Competition
World Butchery Challenge				5,000
British Chsrcutsrie Live					5,000
Livery Schools Link annual	membership			125
Total				24,125	28,500
Pnze/bursary to individuals	at IOM/WCB		Prize Giving		500
Gary Baker Award Prize					1,000
Support costs				2,757	1,532
Total charitable expenditure				27,576	31,532

								2021	2020
								E	F
	At market value:
	As at 6 April		2020					680,155	822,174
	Additions							465,397	17,102
	Disposals proceeds							(432,662)	(45,000)
	Net (losses) gains			on	disposal	and revaluation	ofinvestments	129,435	(158487)
	Movement	in	Cash					(35,489)	44,366
	As at 5April		2021					806,836	680,155
								Market	Market
								value	value
								2021	2020
								E	E
	Porffolio structure
	Fixed Interest							67,768	112,067
	UK Equities							218,428	290,033
	International		Equities					410,143	163,595
	Property							25,622	24,066
	Alternatives							75,998	46,028
	Cash							8,877	44,366
	As at 5April		2020					806,836	680,155
6	Debtors
								2021	2020
								E	E
	Quarter 4 Dividend			Income				4,823
7	Creditors:	amounts			falling	due within	one year

7	Creditors: amounts	falli	ng du	e within o	ne year
							2021	2020
							E	E
	Accru ala						12	11,400
	Independent Examiners	Accrual					2,520	2,100
	Trade Creditors						421
							2,953	13,500
8	Ex endable endowment		fund
			6 April 2019		Investment	6 April 2020	Investment	5April 2021
					gains and		gains and
					(losses)		losses
	Gary Baker MemorialFund			61,357	(11,555)	49,802	4,628	54,430
			The	Worshipful	Company	ofButchers Education Charity

Re	stricted	funds
			6	April	2019	Expenditure	6	April	2020	Expenditure	5	April	2021
FJ	Mssion	Fund			1,831				1,831				1,831

Statement year	offunds - current
		Balance				Balance
		at 6				ate
		April				Apriil
		2020	Income	Expenditure	Gains/(Losses)	2021
		6	6	6	6	6
Permanent	endowment
funds		49,802			4,628	54,430
Restricted	funds	1,831				1,831
Unrestricted	general funds	642,113	34,025	(30,333)	124,807	770,612
		693,746	34,025	30,333	129,435	826 873

Statement	offunds
continued.	...
Statement	offunds - prior
year
		Balance				Balance
		at 6				at 5
		April				April
		2019 6	Income f	Expenditure 8	Gains/(Losses) 6	2020 6
Permanent	endowment
funds		61,357			(11,555)	49,802
Restdcted	funds	1,831				1,831
Unrestricted	general funds	785,476	38,075	(34,506)	(146,932)	642,113
		848,664	38,075	34,506	158,48?	693,746