2022-09-30-accounts - Chartered Accountants' Livery Charity

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	Page
Admiaistrative Detaib	I to2
Report ofthe Trastecs	3to 9
Independent Examiners Report	10
Statement ofFinaaclal Activities
Balance Sheet	12
Notes to the Financial Statements	13to 24
Detailed Statement ofFinancial Activities	25
Thanks to Donors	26 to 27

Dr Hilary Lindsay (appointed 8October 2019)	Dr Hilary Lindsay (appointed 8October 2019)	Dr Hilary Lindsay (appointed 8October 2019)	Dr Hilary Lindsay (appointed 8October 2019)	Dr Hilary Lindsay (appointed 8October 2019)	Dr Hilary Lindsay (appointed 8October 2019)	Chairman and	the Company's	the Company's	Almoner	Almoner
						October 2020 and the		Company's		Master 2019/20
Richard Green (appointed				5 December	2021)	The Company's	Master 2022-23
Graeme Gordon (appointed				7October	2020 and	The Company's	Master 2020/21
resigned 6October 2021)
Miles Hedges (retired		11October 2022)				Court Assistant	ofthe	Company
Neeraj Kapur
Steve Maslin						Court Assistant	ofthe	Company
Sally Orton						Court Assistant	ofthe	Company
Andrew Pianca (retired			11	October 2022)
Martin Robinson						Court Assistant	ofthe	Company
Sue Field (appointed		11	October 2022)
David Watson (appointed				11 October	2022)
The Clerk to the Trustees						Barbara Brooks to 31		December 2021
						Clare Ferrar trom 2 May 2022
Principal Oflice						23 Stourhead Drive
						Northampton
						NN4 OUH
						TeL 07762 408671
						e-mail:c ari	/ co	n ant live		. r
						Web: www. accountantslivety.			org
Bankers						The Royal Bank ofScotland pic
						62 - 63 Threadneedle		Street
						London EC2R	8AH
Investment	Managers		&	Custodian	Trustee	Quilter Cheviot Limited
						Senator House	85 Queen Victoria			Street
						London EC4V	4AB
Independent	Examiner					Elizabeth Wicks ACA
						WMT
						Chartered Accountants
						Verulam Point
						Station Way
						StAlbans
						Hertfordshire AL1 5HE
Registered	in England		dr	Wales Charity Number		327681

				for the year en	ded 30Septembe	r 2022
							2022	2021
				Unrestricted	Restricted	Endowment	Total	Total
				fund	funds	fund	funds	funds
			Notes		f.		8
INCOME AND
ENDOWMENTS	FROM
Donations and legacies				150,523	6,750		157473	146,671
Investment income			2	~78 652			~78652	~73228
Total				~229 175	~6750		~235925	~219899
EXPENDITURE	ON
Raising Funds
Investment management		fees		9,730			9,730	9,685
Charitable activities
Grants made Support costs			3 4	181,426 ~18 35	4,250		185,676 ~18935	249,005 ~23 387
Total				~210091	~4250		214~1	~282 077
Net gains/(losses)	on investments			8671		~341 41	~350 12)	~407 442
NET
INCOME/(EXPENDITURE)				10,413	2~0	(3413141)	(328J28)	345,264
RECONCILIATION		OF
FUNDS
Total funds brought forward				87410		2462,450	2,449,960	2,104,696
TOTAL FUNDS FORWARD	CARRIED			~97 923	~20	~2020 609	~2121 032	~2449 960

						2022	2021
		Unrestricted	Restricted	Endowment		Total	Total
		fund	funds	fund		funds	funds
	Notes	f	f.			f
FIXEDASSETS
Investments	7	50,637		1,99~97		2,046,934	2,342,777
CURRENT ASSETS
Debtors Cash at bank	8	33494 ~104849	~2500	~24	12	33494 ~131661	31,282 ~175274
		138,143	2,500	24412		164,955	206,556
CREDITORS
Amounts falling due within one
year	9	(90dt57)				(90,857)	(99,373)
NET CURRENT ASSETS		~47 86	~2500	~24	12	~74 098	107 183
TOTAL ASSETSLESS
CURRENT LIABILITIES		97,923	2,500	2,020,609		2,121,032	2,449,960
NET ASSETS		~97 23	~2500	~2020 609		~2121032	~2449 960
FUNDS	10
Unrestricted funds						97~3	87,510
Restricted funds						2,500
Endowment funds						~2020609	~2362 450
TOTAL FUNDS						~2121032	2,449960

GRANTS AND DONA	TI	ONS
Major Project
Create: CHANGE:MATTERS			aprogramme		for	young carers	75,000	75,000
gursartes							17,500	7,500
Military IVetfare 6'ranls
SBS,RM Poole							3,000	3,000
47 Squadron							3,000
HtkW Sea Cadets (HMS	Dundas)						2,000	1,000
Britannia RNC Dartmouth							3,000	3,000
							11,000	7,000
Causes related to the City		and	its surrounding			boroughs
Lord Mayor's Appeal							3,500	3,500
Treloars Trust, annual							3,000	3,000
Mansion House Scholarship Scheme							1,500	1,500
Ironbridge Foundation							1,000	1,000
City ofLondon Academy		-Edey prize					600	600
Big Curry Lunch (via ABF)							500	500
Help Musicians (StCecilia)							250	250
Sherift's' bs Recorder's Fund							300	300
United Guilds Service							250	500
Clergy Support Trust							250	500
City ofLondon Police Widows			bt Orphans		Fund		200	200
Fruiterers Foundation -	Fruit Culture						250
St Paula' Cathedral							500	3,000
Spitalftelds City Farm								250
2nd Leytonstone Scouts								500
No Going Back (Mercers)								1,000
Livery Schools Link								2,000
							12,100	18,600
COVID-19 Emergency	Grants
The London Early Opera		Co Ltd					2,000	5,000
Westminster Cathedral							2,000
The Kenward Trust							5,000
Skillway							2,411
The Listening Place							5,000	5,000
City ofExeter YMCA Housing			Association				5,000
Alive and Kicking Theatre Company				Ltd.			3,500	1,700
The Guide Association	Bristol		bt South Gloucestershire				2,500
Turner Contemporary							2,500	5,000
The Childhood Eye Cancer Trust								2,000
Hugh Sexeys Hospital								2,000
Sydenham Mutual Aid)								5,000

Could Jtt Emergency Granls	Could Jtt Emergency Granls	Could Jtt Emergency Granls	—conllnued	—conllnued	—conllnued
Gerrards Cross Community			Services Ltd				1,000
Life Cycle UK							5,000
Btoxham School Ltd							3,300
The Access Pmject							3,000
Place2Be Friends							5,000
Imperial Health Charity							3,000
Queen's Commonwealth		Trust					5,000
Chichester Festival Theatre							2,000
Mulberry School							5,000
Salvation Army Hamld	Hill						5,000
The Drapers' Company							2,000
Treloar Trust							2,000
Wetwheels Foundation							3,000
The Foundling Museum							3,200
Northamptonshire Music		&	Performing		Arts Trust		3,000
						29,911	76,200
From Restricted Funds						(3250)
						26,661	76,200
Other graair
Westwood						3,000
London Symphony Orchestra				Ltd		3,000	I,XO
Watford Sheltered Workshop				Ltd		3,000
Make Them Smile						1,615
The GASP Motor Project						3,000
Jubilee Sailing Trust						1,000
Teach First						3,000
Aspire						3,000
Boro ofLewisham Holy	Trinity CE School					3,000
The Social Mobility Foundation						3,000
The Community Hub						3,000
ICAEW						300
Christie Charity (ln mern		D	Illingwoth)			100
Association ofCharity Chairs						3,000
Deddington PCC						3,000
Leadership Through Sport and				Business		3,000
Source 2 City						150
East Peckham Methodist		Church					2,000
Aldgate Primary School							1,000
Becket Pageant (Skinners		Malmesbury)					1,000
Jessie May							1,000
London Youth							2,000
Helen Arkell							1,000
Ruskin Mill Trust							2,000
JBVC Foundation							4,500
Pembroke College							1,000
ICAEW Level 4Apprentiship				Scheme Prizes			3,300
Blooming Blossoms Trust							2,000

Other grants —continued	Other grants —continued
Methodist Homes					100
RAW Workshop					2,000
Future Hope Kolkata	(via	Future	Hope UK)		1,581
Pauls Cancer Support	Centre				1,000
The Children's Literacy Charity					1,000
Sir Stanley Matthews	Foundation		(SSMF)		2,000
SSAFA (ln mern RWilkes)					100
Unseen UK					3,000
Small Charitites Coalition					3,000
London's Air Ambulance		Charity			3,000
Swansea Sea Cadets					2,036
Disability Resources	Centre				2,769
Activiteens					3,000
				39,165	51,386
				181,426	235,686
Restricted
Livery Schools Link	Ltd			1,000
Leadership Through	Sport &Business				5,000
Source to City					4,900
Future Hope Kolkata	(via	Future	Hope UK)		3,419
Covid Wave 3				3,250
				4,250	13,319
Total				185,676	249,005

SUPPORT	C	OSTS
					Governance
				Management	costs f	Totals f.
Supportcosts				~16 235	~2700	~18 35
Support costs,		included	in the above, are as follows:
Management
					2022	2021
					Support	Total
					costs	activities
Share ofClerks' fees					15,000	15,000
Other costs					173	56
Bank &direct		debit charges			1,062	1,076
Legal Fees						~4435
					16435	~20 567
Other costs are		stated net	ofthe small surplus ofIl47 from	the LCCG Conference.
Governance	costs
					2022	2021
					Support	Total
					costs	activities
					g	f.
Independent	examination				2,700	2&820

COMPARATIVES FOR THE STATEMENT	COMPARATIVES FOR THE STATEMENT	COMPARATIVES FOR THE STATEMENT	OF FINANCIAL	ACTIVITIES
			Unrestricted	Restricted	Endowment	Total
			fund	funds	fund	funds
				f.	f.
INCOME AND ENDOWMENTS		FROM
Donations and legacies			138,247	8,424		146,671
Investment income			~73228			~73228
Total			~211475	~8 424		~219899
EXPENDITURE ON
Raising funds			9,685			9,685
Charitable activities
Grants to institutes Support costs			235,686 ~23 282	13,319 105		249,005 ~23 387
Total			~268 653	~13424		~282 077
Net gains on investments			~10079		~397363	~407 442
NET INCOME/(EXPENDITURE)			(47,099)	(5,000)	397,363	345,264
RECONCILIATION	OF FUNDS
Total funds brought	forward		134,609	5,000	1,965,087	2,104,696
TOTAL FUNDS CARRIED FORWARD			87,510		2,362,450	2,449,960

							Listed
							investments
MARKET VALUE
At I October 2021							2)342,777
Additions							135,197
Disposals Revaluations							(80~8) ~350 12
At 30 September 2022							~2046 934
NET BOOK VALUE
At 30 September 2022							2 046 34
At 30 September 2021							~2342 777
Cost or valuation	at	30 September 2022 is represented		by:
							Listed
							investmeats
							f
Valuation in 2022							386,458
Cost							~1660476
							~2046 34
Listed Investments		at Market Value
					2022		2021
Fixed Interest					153486		199465
Investment Trust Ordinary			Shares		1,893448		2,143,152
					2 046	34	3 2777
There were no investment			assets outside the UK.
DEBTORS:AMOUNTS			FALLING DUE WITHIN	ONE YEAR
					2022		2021
					f		f.
Gilt Aid recoverable					25,557		26,500
Sundry debtors						98	179
Accrued income					~7639		~4603
					33,294		31,282

						2022	202 I
							f
Chartered Accountants'	Company	Loan				70,000	70,000
Other creditors						~20857	~29 373
						~90 857	~99 373
VEMENT IN FUNDS
						Net
				At		movement	At
				1.10.21		in funds	30.9.22
							f.
Unrestricted funds Income fund				87,510		10,413	97~
Restricted funds
Source to City
Endowment funds
Expendable Endowment	fund			2362,450		(341dt41)	2,020&609
TOTAL FUNDS				~2449	60	~328 928	~2121 032
Net movement in funds,	included	in the above	are as follows:
			Incoming	Resources		Gains and	Movement
			resources	expended		losses	in funds
Unrestricted ihnds
Income fund			229,175	(210,091)		(8,671)	10,413
Restricted funds
Source to City			6,750	(4450)			2,500
Endowment ihnds
Expendable Endowment	fund					(3413141)	(3412141)
TOTAL FUNDS			~235 25	~214	41)	~350 12)	~328 28)

Comparative	s for move	ment in funda
				Net
			At	movement	At
			1.10.20	in funds	30.9.21
					f.
Unrcstrictcd	funds
Income fund			134,609	(47,099)	87,510
Restricted funds
Social Mobility Pmject			5,000	(5,000)
Endowment	funds
Expendable	Endowment	fund	1,965,087	397,363	2,362,450
TOTAL FUNDS			~2104696	~345 264	~2449 960

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted funds
Income fund		211,475	(268,653)	10,079	(47,099)
Restricted funds
Social Mobility Project			(5,000)		(5,000)
Future Hope UK		3,419	(3,419)
Source to City		5 005	~5005)
		8,424	(13,424)		(5,000)
Endowmentfunds
Expendable Endowment	fund			397,363	397,363
TOTAL FUNDS		~219899	~282 077)	~407442	~345 64

Current	Year	Unrestricted	Restricted	Endowment	Total
		Fund	Fund	Fund	2022
				f,
Fixed Asset - Investments		50,637		1,996,297	2,046,934
Current Current	Assets liabilities	138,143 ~90857	2,500	24,312	164,955 ~90 857
		97923	25011	2020009	212 032
Prior year		Unrestricted	Restricted	Endowment	Total
		Fund	Fund	Fund	2021
				f,	f.
Fixed Asset - Investments		57,955		2384,822	2,342,777
Current Current	Assets liabilities	128,928 ~99373		77,628	206,556 ~99373
		87 510		2362450	2449960

		for the year ended 30Septemb	er 2022
			2022		2021
			f.
INCOME AND ENDOWMENTS
Donations and legacies
Donations mostly fiom	members ofThe Chartered
Accountants' Company			157	73	~146	671
			157473		146,671
Investment income
Investment income			78,539		73,213
Deposit account interest				113		15
			~78 652		73	28
Totallncoming resources			235/25		219,899
EXPENDITURE
Raising donations and	legacies
Investment management	fees		9,730		9,685
Charitable activities
Onmts made			185,676		249,005
Support costs
Management
Share ofCledcs' fees			15,000		15,000
Other costs				173		56
Bank /k direct debit charges			11062		1,076
Legal Fees					4	435
			16,235		20,567
Governance costs
Independent examination			~2700		~2820
Total resources expended			~214	341	~282	077
Net income/(expenditure)		before gains and
losses			21,584		(62,178).
Realised recognised gains		and losses
Realised gains/(losses)	on fixed asset investments		~50	12	~407	442
Net (expenditure)/income			~328	8)	~345	264