| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details ofthe Charity, | its Trustees and Advisers | ||
| Trustees' Report | 2-15 | |||
| Independent Auditor's |
Report | on the Financial Statements | 16-13 | |
| Statement ofFinancial | Activities | 19 | ||
| Salance Sheet | 20 | |||
| Notes to the Financial | Statements | 21 -31 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Pillar A-Craft | |||||||
| Advancement ofEducation snd General Welfare of Professional |
|||||||
| Cooks | |||||||
| Royal Academy of Culinary The Springboard Charity - |
Arts Chafe Adopt Schools FutursChef |
a | School Trust Competition ' |
35,000 20,000 |
35,000 20,000 |
||
| Westminster Kingswsy Co!legs WCC Apprentice |
Programme' | 20,061 | 16,026 | ||||
| WCC Apprentice graduate |
prizes | 340 | |||||
| Chefs ln Schools New City College Hackney |
' | 'ID,OOD 15,000 |
15,000 10,000 |
||||
| The Clink Charity | 32,000 | 32,000 | |||||
| House ofStBamabas | 4,508 | 4,000 | |||||
| Crisis | 5,000 | ||||||
| I-louse cfStBarnabas (City |
8,Guilds Matched | Funding) | 4,000 | ||||
| i.akelield Training College |
(City 8 Guilds Matched | Funding) | 12,000 | 12,000 | |||
| City 5 Guilds top up | 3,200 | ||||||
| Crumbs Traineeship Project |
'IO,ODO | 10,000 | |||||
| Bede House Association | 'IO,ODO | 10,000 | |||||
| The Burnt Chef Project | 4,000 | ||||||
| Only A Pavement Away |
5,000 | 10,000 | |||||
| Made in Hackney | 1,000 | ||||||
| Beyond Food Foundation | 4,000 | ||||||
| 180,851 | 188,366 |
| Pillar B—City | |||||
|---|---|---|---|---|---|
| Any charitable purpose connected |
with the City ofLondon | ||||
| Trainer Trust ' | 27,8DO | 25,000 | |||
| City Harvest | O,ODO | ||||
| The Aldgate School donation | sicrybcoks | 250 | |||
| Spitalfield Crypt Trust |
2,5DO | ||||
| 38300 | 25250 | ||||
| Pillar C —Company | |||||
| Welfare ofWCC members | end | theirfemilies | |||
| Hardship donation to Company |
presentee | 1,229 | |||
| 1,229 | |||||
| Pillar U - Elizabeth Fund | |||||
| City Harvest | 2,000 | ||||
| Ozer Umsgen Charity |
5DO | ||||
| Global Generation | 5DO | ||||
| 3,000 | |||||
| 222,161 | 214,545 |
| 2024 | 2023f | |||||
|---|---|---|---|---|---|---|
| Pillar A- Craft | ||||||
| Royal Academy of | Culinary | Arts | 30,0DO | 35,000 | ||
| Spdngboerd Future |
Chef/Summer | school | 23,ODD | 20,000 | ||
| WCC Apprentice | Scheme (f15,000 plus f5,000 if required) | 20,000 | 21,000 | |||
| New City College | 15,ODQ | f5,000 | ||||
| The Clink | 25,0DO | 32,000 | ||||
| City 8 Guild top up | matrhed | funding | 2,000 | |||
| Lekefield Training | College | 12,0DO | f2,000 | |||
| Crumbs Traineeship | Project | 10,0DO | ||||
| Hospitality Action |
5,000 | |||||
| Only a Pavement | Away | 5,000 | ||||
| No Going Back | 4,000 | |||||
| Chefs In Schooh |
10,000 | |||||
| 151,000 | 145,000 | |||||
| Pillar B - The City | ||||||
| Treloar Trust | 25,DOD | 25,700 | ||||
| City Universily | Q,OQD | |||||
| City Harvest | 10,000 | 8,000 | ||||
| StJohn's and St | Paul's Schools | 2,000 | ||||
| 46,000 | 33,700 |
| Endowment | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2023 | 2023f | 2023f | 2022f | ||
| Income and endowments | from: | |||||
| Danatians and legacies |
54,214 | 54,2'I4 | 74.914 | |||
| Invesbnents | 238,643 | 238,643 | 230,652 | |||
| Total income and endowments | 292,S57 | 292,657 | 305,765 | |||
| Expenditure on: |
||||||
| Investment management |
fees | 7,459 | 7+59 | 10,881 | ||
| Charitable aahvities: |
||||||
| Grants paid | 222,161 | 222,181 | 214,845 | |||
| Audit snd accountancy | 7,158 | 7,156 | 5,056 | |||
| Total experiditure | 236,778 | 236,778 | 230,782 | |||
| Net Income | 56,079 | 56,079 | 74,934 | |||
| Transfers between funds |
14 | 56,079 | (58,079) | |||
| Net movement in funds |
before other | |||||
| recognised gains/(losses) | 58,079 | 56,079 | 74,984 | |||
| Other recognised gains/(lasses): | ||||||
| Losses an revaluation offixed assets |
(138,333) | [138,S33) | (379,910) | |||
| Net movement in funds |
(82,254) | [82,2541 | i3DL92BJ | |||
| Reconciliation offunds: | ||||||
| Total funds brought forward | 5,666,926 | 5,666,926 | 5,971,852 | |||
| Net movement in funds |
(82,254) | (82,254) | (304,926) | |||
| Total funds carried forward | 5,584,672 | 5,584,672 | 5,555,9Z6 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | 8 | |||||
| Fixed assets | ||||||
| Investments | 5,485,403 | 5,459.969 | ||||
| 5,485,403 | 5,459,969 | |||||
| Current assets | ||||||
| Debtors | 12 | 67,526 | 55,995 | |||
| Cash at bank and In hand | 122,454 | 273,106 | ||||
| 189,980 | 329,101 | |||||
| Creditors: amounts | felling due within one | |||||
| year | 13 | (90,71t) | (122,164) | |||
| Net current assets | 90,269 | 206,937 | ||||
| Total net assets | 5,584,672 | 5,666,928 | ||||
| Charity funds | ||||||
| Endowment funds |
14 | 5,584,672 | 5,666,926 | |||
| Total funds | 5,584,672 | 5,666,926 |
| Unrestricted | Total | Torsi | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | Funds | ||||||
| 2023 | 2023 | 2022 | ||||||
| 5 | 5 | |||||||
| Gifts from | members | of The Worshipful | Company | ofCooks of | ||||
| London | 24,214 | 24,214 | 24,914 | |||||
| Donation | from The | Worshipful | Company ofCooks of London | 30,000 | 30,000 | 50,000 | ||
| 54.214 | 54,214 | 74,914 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2023f | 2023 | 2022 8 |
|||
| Income | from The Schroder Chadty Multi-Asset | Fund | 236,404 | 236,404 | 230,752 |
| Interest | receivable | 2,239 | 2,239 | 100 | |
| 238,643 | 236,643 | 230.652 |
| Unrestricted | Tots I | Tolal | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||||
| 2023f | 2023 6 |
2022f | ||||||||
| Investment | management | fees | 7,459 | 7,459 | 10,881 | |||||
| Charged against | capital | |||||||||
| 2023 | 2022f | |||||||||
| Cooks endowment | investment | management | fees | 16,156 | 16,693 | |||||
| Expendable | endowment | investment | management | fees | 2414 | 3,792 | ||||
| 20,570 | 20,475 |
| Listed | |
|---|---|
| investments | |
| 8 | |
| Cost or valuation | |
| At 1 July 2022 | 5,459,989 |
| Addltians | 204,080 |
| Disposals | (47,898) |
| Revaluations | (130)688) |
| At30June 2023 | 5,485,403 |
| Nst book value | |
| At30June 2023 | 5,485,403 |
| At30June 2022 | 5,459,969 |
| 2023 6 |
2022f | |
|---|---|---|
| Due within one year | ||
| Other debtors | 67,526 | 55,995 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 8 | ||||
| Accrued | expenses | 30,025 | ||
| Other creditors | 22,350 | |||
| Accruals | and deferred | income | 14,400 | 24,325 |
| Donations | payable | 76,311 | 45,450 | |
| 90,711 | 122,164 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | Gains/ | 30June | |||
| July 2022 6 |
Income 6 |
Expenditure | iniout | (t.oases) 8 |
2023 | |
| Unrestricted | ||||||
| funds | ||||||
| Unrestricted | ||||||
| funds | 292,857 | (236,778) | (56.079) | |||
| Endowment | ||||||
| funds | ||||||
| Cootie | ||||||
| Permamsnt | ||||||
| Endowment | 5,060,341 | (138,333) | 4,930,008 | |||
| Expendable | ||||||
| Endowment | 598,586 | 56,079 | 654,664 | |||
| 5,666,926 | 56,079 | (138,333) | 5,584,672 | |||
| Tata!offunds | 5,666,926 | 292,857 | (236,778) | (138,333) | 5,584,672 |
| Statement offunds | (continued) | |||||
|---|---|---|---|---|---|---|
| Statement offunds | ~ prior year | |||||
| Balance at | ||||||
| Balance el | Transfers | Gains' | 30June | |||
| 1Ju/72021 | income f |
Expendkure 5 |
Infoutf | (Losses)f | 2022f | |
| Unrestricted | ||||||
| funda | ||||||
| Unrestricted | ||||||
| funds | 305,766 | (230,782) | (74,984) | |||
| Endowment | ||||||
| funds | ||||||
| Cooks | ||||||
| Perrnament | ||||||
| Endowment | 5,448, 25'I | (379,910) | 5,068,341 | |||
| Expendable | ||||||
| Endowment | 523,601 | 74.984 | 598,585 | |||
| 5,971,852 | 74,984 | (379,910) | 5,656,926 | |||
| Total offunds | 6,971,S52 | 305,766 | (230,782) | (379,910) | 5,666,926 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | Gainsl | 30June | ||||
| July 2022 6 |
Income 6 |
Expenditure | f | iniovtf | (Losses) f |
2023 6 |
|
| Unrestricted | |||||||
| funds | 292,857 | (236,778) | (56,079) | ||||
| Endowment | |||||||
| funds | 5,666,926 | 56,078 | (138,333) | 6,684,672 | |||
| 5,666,926 | 292,857 | (236,778) | (138,333) | 5,534,672 | |||
| Summery of | funds - prfor year | ||||||
| Be/snce ai | |||||||
| Balance sr | Transfers | Gains' | 30June | ||||
| 1Ja/y 2021 | income f |
Expenditure | in/a at | (Lasses) | 2022f | ||
| Unrestricted | |||||||
| funds | 305,T66 | (230,782) | (74,984) | ||||
| Endowment | |||||||
| funds | 6.971.852 | 74,984 | (379,910) | 5,666,926 | |||
| 5QT1,852 | 305.766 | (230,782) | (379,910) | 5,666,926 |
| Analysis ofnet assets between funds - curr | ent year | ||
|---|---|---|---|
| Endowment | Unrestricted | Totsi | |
| funds | funds | funds | |
| 2023 | 2023 | 2023 | |
| 6 | 6 | 6 | |
| Fixed asset investments | 5,485,403 | (7,655) | 5,477,748 |
| Current assets | 189,980 | 7,655 | 197,635 |
| Creditors due within ane year | (90,711) | (90,711) | |
| Total | 5.584,672 | 5,584,672 |
| Analysis ofnet ass | ets between funds - prior year |
||
|---|---|---|---|
| Endowment | Total | ||
| funds | funds | ||
| 2022 | 2022f | ||
| Fixed asset investments | 5,459,989 | 5,459.989 | |
| Current assets | 329,101 | 329,101 | |
| Creditors due within | One year | (122,164) | (122,I84) |
| Total | 5,666,926 | 5,666,925 |