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2021-07-31-accounts

CONTENTS			Page
Report ofthe	Trustee		1-5
Independent	auditors'	report	6-9
Statement of	financial	activities	10
Balance sheet
Notes to the financial		statements	12 —18

						Unrestricted	Endowment	Total	Total
				Note		Fund	Fund	2020/21	28/9/2//
Income		and	endowments
fram:
Donations	and legacies					16,500		16,500	/6, 000
investments						131,141		131,141	/3/, 658
Total						147,641		147,641	/47,658
Expenditure on:
Charitable	activities				4,5	147,566		147,566	/32, 036
Total						147,566		147,566	/32,036
Net investment(losses)/gains					6		452,215	452,215	(57,486)
Net income						75	452.215	452,290	(4I,864)
Balances at		1 August				77,042	4,332,162	4,409,204	4,45/, 068
Balances at 31July						77,117	4,784,377	4,861,494	4,409,204

		Notes	31.07.21		3/.0720
Fixed assets
Investments				4,784,377		4,332,/62
Current assets
Debtors
Cash at bank			81,117		87,470
			81,117		87,470
Liabilities
Creditors: Amounts
falling due	within
one year			(4,000)		(/0,428)
Net current	assets			77,117		77,042
Total net assets				4,861,494		4,409,204
Represented	by:
Capital Funds
Permanent Endowment		10		4,784,377		4,332,/62
Fund
Income Funds
Unrestricted	Funds	10		77,117		77,042
				4,861,494		4,409,204
Approved by the Trustees		on 9December 2021.

2	Donations
					2020/21	20/9/20
	Donation from The Drapers'		Company		16,500	/6,000
3	Investment income
					2020/21	20/9/20
	Dividends receivable	from:
	The Drapers* Charities Pooling Scheme				131,107	/3/, /07
	Bank interest receivable				34	55/
					131,141	/3/, 658
4	Charitable activities:	Cost ofgrants		awarded
					2020/21	20/9/20
	Grants to institutions
	Trinity Laban Conservatoire		ofMusic	and Dance	11,500
	Greenwich, Deptford	and Rotherhithe		Sea Cadet Unit	10,000
	London Youth Choir				7,500	7,500
	Greenwich Education	Service (3 awards)			6,000	4,000
	Lewisham Education	Service (3 awards)			5,000	6,000
	StMatthew*s Academy				5,000
	The Conservatoire				5,000
	Torridon Primary School				5,000
	Tall Ships Youth Trust				3,400	8,400
	Book Clubs for Schools				3,000
	Greenwich Music School				3,000
	Heart 'n' Soul				3,000
	Music and Theatre for All				3,000
	Charlton Community	Trust			2,500
	Live Music Now				2,500
	Others					54,7/0
					75,400	80,6/0

	Grants to individuals	Grants to individuals
	53 awards (2019/20: 28 awards)			66,000	35,500
	Less: Grants	returned		(10,714)
	Support costs
	Management	costs - Administration		4,308	4, 177
		-Office		1,822	1,6/2
	Finance costs	—Administration		4,307	4,176
		— Office		1,822	1,6/2
	Governance	costs (see note 5)		4,621	4,349
				147,566	132,036
5	Charitable activities: Governance		costs

Charitable act	ivities: Governance costs
		2020/21	2019/20
Administration	costs	2,153	2,088
Office costs		911	806
Audit fees		1,557	1,455
		4,621	4,349

Investments
		2020/21	2019/20
Market value at	1 August	4,332,162	4,389,648
Net investment	(losses)/gains	452,215	(57,486)
Market value at	31 July	4,784,377	4,332,162
Historical cost at 31 July		2,586,924	2,586;924

7	Debtors
						31.07.21	31.07.20
	Accrued income
8	Creditors: Amounts		falling due within	one year
						31.07.21	31.07.20
	Sundry creditors					4,000	/0, 428
						4,000	/0,428
9	Analysis of	net assets
				Unrestricted	Endowment	Total	Tora/
				Funds	Fund	2020/21	20/9720
	The Drapers'	Charities	Pooling Scheme		4.784,377	4,784,377	4,332,/62
	Net current assets			77,117		77,117	77,//42
				77,117	4,784,377	4.861,494	4,4//9, 204
				Funds	Fund	2019/20	20/8/19
				g
	The Drapers'	Charities	Pooling Scheme		4,332,162	4,332,162	4,389,648
	Net current assets			77,042		77,042	6/, 420
				77,042	4,332,162	4,409,204	4,45/, 068

10	Funds
				Movements	in Funds
		Balance	Incoming	Resources		(ILsses)	Balance
		01.08.20	resourceS	expended	Transfers	Gains	31.07.21
	Capital
	Funds:
	Permanent	4,332,162				452,215	4,784,377
	Endowment
	Fund
	Income
	Funds:
	Unrestricted	77,042	147,641	(147,566)			77,117
	Total Funds	4.409,204	147,641	(147,566)		452,215	4,861,494
		Balance	Incoming	Resources		(Losses)/	Balance
		01.08.19	resources	expended	Transfers	Gains	31.07.20
	Capital
	Funds:
	Permanent	4389,648				(57,486)	4,332,162
	Endowment
	Fund
	Income
	Funds:
	Unrestricted	61,420	147,658	(132,036)			77,042
	Total Funds	4,451,068	147,658	(132,036)		(57,486)	4,409,204

13 Prior year SOFA	13 Prior year SOFA	13 Prior year SOFA
			Unrestricted	Endowment	Total
			Fund	Fund	2018/19
income and endowments		from:
Donations and legacies			16,000		16,000
Investments			131,658		131,658
Total			147,658		147,658
Expenditure	on:
Charitable activities			132,036		132,036
Total			132,036		132,036
Net investment	gains			(57,486)	(57,486)
Net income			15,622	(57,486)	(41,864)
Balances at 1	August		61,420	4,389,648	4,451,068
Balances at 31July			77,042	4,3332,162	4,409,204