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





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|||||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Note|Fund|Fuad|2021/22|2020/21|
|Income||and||endowments||||||
|from:||||||||||
|Donations|and|||legacies||17,000||17,000|16,500|
|Investments||||||131,108||131,108|131,141|
|Total||||||148,108||148,108|147,641|
|Expenditure|||on:|||||||
|Charitable|activities||||4,5|145,091||145,091|147,566|
|Total||||||145,091||145,091|147,566|
|Net investment||||(losses)/gains|6||(41,931)|(41,931)|452,215|
|Net income||||||3,017|(41,931)|(38,914)|452,290|
|Balances at||I|August|||77,117|4,784,377|4,861,494|4,409,204|
|Balances at||31||July||80,134|4,742,446|4,822,580|4,861,494|





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|2|Donations|||||
|---|---|---|---|---|---|
|||||2021/22|2020/21|
||Donation from The Drapers'||Company|17,000|/6,500|
|3|Investment<br>income|||||
|||||2021/22|2020/21|
||Dividends<br>receivable|from:||||
||The Drapers'<br>Charities Pooling Scheme|||131,108|/3/, /07|
||Bank interest receivable||||34|
|||||131,108|/3/, /4/|
|4|Charitable<br>activities:|Cost ofgrants awarded||||
|||||2021/22|2020/21f|
||Grants to Institutions|||||
||XLP|||10,000||
||Young Lewisham<br>Project|||10,000||
||Greenwich<br>Education|Service|(4awards)|9,500|6,000|
||Pimlico Opera|||9,170||
||Lewisham<br>Education|Service|(3 awards)|8,000|5,000|
||New Woodlands<br>School|||6,000||
||Ahoy Centre|||5,000||
||Deptford X|||5,000||
||Growing Hope Brockley|||5,000||
||National<br>Youth Jazz Orchestra|||5,000||
||Trinity Laban Conservatoire ofMusic and Dance|||5,000|11,500|
||Apples and Snakes|||4,500||
||Creekside Education Trust|||4,000||
||London Philharmonic|Orchestra||3,000||
||Thomas Tallis School|||900||
||Others||||52,900|
|||||90,070|75,400|





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||Grants to individuals||||
|---|---|---|---|---|
||28 awards (2020/21: 53 awards)||36,700|66,000|
||Less: Grants returned|||//0, 7/4)|
||Support costs<br>Management<br>costs - Administration||4,723|4,308|
||-Office||1,980|/,822|
||Finance costs - Adminisu<br>ation||4,723|4,307|
||- Office||1,980|/,822|
||Governance<br>costs (see note 5)||4,915|4,62I|
||||145,091|/47,566|
|5|Charitable<br>activities: Governance|costs|||



|Charitable<br>act|ivities: Governance<br>costs|||
|---|---|---|---|
|||2021/22|2020/21|
|Administration|costs|2,362|2,/53|
|Office costs||990|9II|
|Audit fees||1,563|/,557|
|||4,915|4,62I|



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|Investments|||
|---|---|---|
||2021/22|2020/21|
|Market value at 1 August<br>Net investment<br>(losses)/gains|4,784,377<br>~(41.931|4,332,/62<br>45K,21|
|Market value at 31 July|4,742,446|4,784,377|
|Historical cost at 31July|2,586,924|2,586,924|





|SIRWILLIAM|SIRWILLIAM|BORKMAN'S FOUNDATION|BORKMAN'S FOUNDATION||||
|---|---|---|---|---|---|---|
|NOTES TO THE||FINANCIAL STATEMENTS|||||
|AS|AT31JULY 2022||||||
|7|Debtors||||||
||||||31.07.22|31.07.21|
||Accrued income||||||
|8|Creditors:|Amounts|falling due within one year||||
||||||31.0722|31.07.21|
||Sundry creditors||||1,545|4,000|
||||||1,545|4,000|
|9|Analysis ofnet assets||||||
|||||Unrestricted|Endowment|Total|
|||||Fund|Fund|2021/22|
||The Drapers'|Charities|Pooling Scheme||4,742,446|4,742,446|
||Net current assets|||80,134||80,134|
|||||80,134|4,742,446|4,822,580|
|||||Unrestricted|Endowment|Total|
|||||Fund|Fund|2020/21|
||The Drapers'|Charities|Pooling Scheme||4,784,377|4,784,377|
||Net current assets|||77,117||77,117|
|||||77,117|4,784,377|4,861,494|





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|10|Funds|||||||
|---|---|---|---|---|---|---|---|
|||||Movements|in Funds|||
|||Balance|Incoming|Resources||(ILsses)|Balance|
|||01.08.21|resources|expended|Transfers|Gains|31.07.22|
||Capital|||||||
||Funds:|||||||
||Permanent|4,784,377||||(41,931)|4,742,446|
||Endowment|||||||
||Fund|||||||
||Income|||||||
||Funds:|||||||
||Unrestricted|77,117|148,108|(145,091)|||80,134|
||Total Funds|4,861,494|148,108|(145,091)||(41,931)|4,822,580|
|||Balance|Incoming|Resources||(Losses)1|Balance|
|||01.08.20|resources|expended|Transfers|Gains|31.07.21|
||Capital|||||||
||F'unde:|||||||
||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|



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|13<br>Prior year SOFA|13<br>Prior year SOFA|13<br>Prior year SOFA||||
|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|
||||Fund|Fund|2020/21|
|Income and|endowments|from:||||
|Donations<br>and legacies<br>Investments|||16,500<br>131,141||16,500<br>131,141|
|Total|||147,641||147,641|
|Expenditure|on:|||||
|Charitable<br>activities|||147,566||147566|
|Total|||147,566||147,566|
|Net investment|gains|||452,215|452,215|
|Net income|||75|452,215|452,290|
|Balances at I|August||77,042|4,332,162|4,409,204|
|Balances at 31July|||77,117|4,784,377|4,861,494|