2022-09-29-accounts

Contents	Page
Trustee’sReport	1-9
IndependentAuditor'sReport	10-12
StatementofFinancialActivities	13
BalanceSheet	14
CashflowStatement	15
NotestotheFinancialStatements	16 -23

		Un-
		restricted	Restricted	Endowment
	Notes	Funds	Funds	Funds	2022	2021
		£	£	£	£	£
Donationsandlegacies		50,886	29,955	~	80,841	74,061
Investments		§9,464	-	-	59,464	71,760
TotalIncome	2	110,350	29,955	-	140,305	145,821
Expenditureon:
Raisingfunds		22,655	-	-	22,655	21,183
Charitableactivities	3	935,932	-	-	935,932	839,896
TotalExpenditure	4	958,587	-	-	958,587	861,079
		(848,237)	29,955	-	(818,282)	(715,258)
Net(losses)/gains Oninvestments	on	-	-	(356,913)	(356,913)	687,593
Netexpenditure		(848,237)	29,955	(356,913)	(1,175,195)	(27,665)
Transferbetween			-
funds:		848,237		(848,237)	-	-
Netmovementinfunds:		-	29,955	(1,205,150)	(1,175,195)	(27665)
Balancesbroughtforward
29September2021		-	-	4,815,941	4,815,941	4,843,606
29September2022		-	29,955	3,610,791	3,640,746	4,815,941

	Notes	2022		2021
		£		£
FixedAssets
Investments— atmarketvalue	6	3,395,847		4,870,431
		3,395,847		4,870,431
CurrentAssets
Debtors		31,553		16,691
Cashatbank		595,164		373,824
		626,717		390,515
Creditors:amountsfallingdue	7	(239,330)		(306,541)
withinoneyear
Netcurrentassets		387,387		83,974
Creditors:amountsfallingdueaftermorethanoneyear:
Charitabledonations	8	(142,488)		(138,464)
Netassets		3,640,746		4,815,941
Funds
Unrestrictedfunds	9		-	-
Restrictedfund	9	29,955
Endowmentfunds	9	3,610,791		4,815,941
		3,640,746		4,815,941

		Notes	2021 £	2021 £
Cashflowsfromoperatingactivities: Netcashusedinoperatingactivities		11	(955,567)	(721,611)
Cashflowsfrominvestingactivities:
Dividendsandinterestfrominvestments Proceedsfromsaleofinvestments Purchaseofinvestments Decrease/(Increase)incashawaitingre-investment Netcashprovidedbyinvestingactivities			59,236 1,572,466 (874,311) 419,516 1,176,907	71,760 1,532,262 (1,031,872) (475,708) 96,442
Changeincashandcashequivalentsin	theyear		221,340	(625,169)
Cashandcashequivalentsatthebeginningof thereportingperiod			373,824	998,993
Cashandcashequivalents attheend reportingperiod	ofthe	12	595,164	373,824

ncomeandendowments
	Total	Total
	2022	2021
	£	£
Unrestricted
GiftAidfromCompany	-	6,500
Incomefrommembers	41,703	38,317
Donations	2,383	200
incomefromlegacies	5,000	23,820
Investmentincome	59,236	71,685
Bankinterest	228	75
Ahoyintra-liveryevent	1,800	5,224
Restricted
Incomefrommembers-Ukraine	29,955	-
Totalincomingresources	140,305	145,821

3.	Charitableactivities
	Amountsapprovedforpaymentinyear	2022		2021
		£		£
	FromUnrestrictedFunds:
	PrincipalCharities	373,459		297,000
	SelectedAppeals	5,000		5,000
	EnhancedSelected	28,000		43,600
	HammersmithandPeckhamCharities	40,000		36,000
	ranScholarshipsandFellowship(netofcancelled	450,284		36,801
	IrishGuards	25,000		25,000
	LeatherFund	18,250		23,687
	IslingtonCharities	10,000		8,000
	CovidEmergencyGrants		-	-
	Other	25,370		22,000
	OneOffGrants	18,500		-
	Entertainment	31,401		~
	Ahoyintra-Liveryevent		-	14,687
	JockFrenchCharitableFund	120,200		127,700
	ChristmasCourtCharity	32,000		33,000
	Master’sFund	3,500		1,500
	Entertainment	882		-
	TotalDonationsapprovedforpayment	881,846		673,975
	Broughtforwardaccruedbursaries	(374,157)		(292,219)
	Carriedforwardaccruedbursaries	328,555		374,157
	Totaldonationspayable	836,244		755,913
	Directstaffcosts	59,907		55,602
	Governancecosts:
	Staffcosts	31,532		20,915
	Auditfees	6,732		5,856
	CharitiesDatabasesoftware	1,320		-
	Professionalfees	197		1,610
	Totalcostscharitableactivities	935,932		839,896

	CountryTrust			20,000
	AhoyCentre			30,000
	BaronsCourtProject			10,000
	BosenceFarmCommunity			15,000
	CrownandManorClub			42,500
	DorothyHouseHospice			15,000
	GordonFoundation			20,500
	GuildhallSchoolofMusicandDrama			20,000
	HoneypotChildren’sCharity			25,000
	lrishGuards			25,000
	KingEdward’sSchool,Witley			18,000
	LondonYouth— HindleapWarren			17,500
	LordMayor’sAppeal			15,000
	QueenElizabeth’sFoundation			20,000
	RoyalSchoolofNeedlework			15,000
	RoyalSchoolofNeedlework			10,000
	SchoolandFamilyWorks			10,000
	SportsAid			17,500
	StGilesTrust			30,000
	StPaul’sCathedralChoristerTrust			16,000
	Switchback			15,000
	TheHardmanTrust			10,000
	TheVineCentre			10,000
	WestminsterHouseYouthClub			20,000
	YoungActorsTheatre			10,000
4.	Totalexpenditure
		Staff		Direct	Total	Total
		Costs		Costs	2022	2021
		£		£	£	£
	investmentManager'scosts		~	22,655	22,655	21,183
	CharitableActivities	91,439		844,493	935,932	839,896
		91,439		867,148	958,587	861,079
		19

	2022	2021
	£	£
Staffcosts:
Wagesandsalaries	68,675	56,934
Employers’sNIC	8,046	7,856
Pensioncosts	14,718	11,727
	91,439	76,517

		2022	2021
		£	£
Quotedinvestments
Listedinvestments	3,306,806		4,361,896
Cashawaitingre-investment		89,041	508,535
	3,395,847		4,870,431
Marketvalueat30September2021	4,361,896		4,174,693
Additions		874,311	1,031,872
Disposalatcarryingvalue	(1,631,129)		(1,401,356)
Unrealisedgains	(298,272)		556,687
Marketvalueat29September2022	3,306,806		4,361,896
Costofinvestmentsat29September2022	2,637,418		3,208,880
Creditors:amountsfallingduewithinoneyear	2022	2021
	£	£
Accruals— auditfee	6,120	5,000
Accruals— investmentmanager’sfees	5,000	6,000
Accruals— other	2,383
Other-—charitabledonations	213,508	276,062
AhoyIntra-Liveryevent	-	14,687
DuetoTheGirdlers’Company	12,319	4,792
	239,330	306,541

8.	Creditors:amounts		fallingdue	fallingdue	fallingdue	aftermore	aftermore	aftermore	aftermore	thanone	year	year
												2022				2021
												£				£
	Charitabledonations											142,488				138,464
9.	Analysisofnetassetsbetween						funds
	Yearended29"September				2022
										Un urestricted		. Restricted		Endowment		Total
										Funds		Funds		Funds		Funds
											£		£		£	£
	Fixedassetinvestments													3,395,847		3,395,847
	Netcurrentassets									142,488		29,955		214,944		387,387
	Creditors:fallingdue		aftermorethanone						year	(142,488)			~		-	(142,488)
											-	29,955		3,610,791		3,640,746
	Yearended29'"September				2021
	FixedAssetinvestments										-			4,870,431		4,870,431
	Netcurrentassets									138,464			-	(54,490)		83,974
	Creditors:fallingdue		aftermorethanone						year	__(138,464)			-		-	(138,464)
											-		-	4,815,941		4,815,941
	Theendowmentfund		isexpendable.					Incomegenerated				bythe	fund	canbeused	tosupportthe
	Chairty’sgeneralpurposes.			The			restricted			fundreflects		income	receivedtosupport			theCharity’s
	workinrelationtoUkraine. It				can		onlybespentonthis				purpose.
10.	Outlinesummaryof		fundmovements
	Fund		Balance				Income			Expenditure		Transfers		Gainsane		Balances
				£					£	£			£	£		£
	Unrestricted				-	110,350				(958,587)		848,237		-		-
	Restricted				-		29,955				-		-	-		29,955
	Endowment	4,815,941							-		-	(848,237)		(356,913)	3,610,791
	Total	4,815,941				140,305				(958,587)			-	(356,913)	3,640,746
	Yearended29September			2021
														Gains
	Fund		Paes				Income			Expenditure		Transfers		and		Patan.
														Losses
				£					£		£		£	£		£
	Unrestricted			-		145,821				(861,079)		715,258		-		-
	Restricted			-					-		-		-	-		-
	Endowment	4,843,606										(715,258)		687,593	4,815,941
	Total	4,843,606				145,821				(861,079)			~	687,593	4,815,941

	2022	2021
	£	£
Netexpenditurefortheyear	(1,175,195)	(27,665)
Adjustmentsfor:
Gains/(losses)oninvestments	356,913	(687,593)
Dividends,interestandrentsfrominvestments	(59,236)	(71,760)
(Decrease)/Increaseincreditors	(63,187)	56,151
(Increase)/Decreaseindebtors	(14,862)	9,254
Netcashusedinoperatingactivities	(955,567)	(721,613)

		2022	2021
		£	£
Cash	inhand	595,164	373,824
Notice	deposits	-	-
Total	cashandcashequivalenis	595,164	373,824

		Unrestricted	Endowment
Notes		Funds	Funds	2021	2020
		£	£	£	£
Income and endowments
from:
Donationsandlegacies		74,061	-	74,061	50,170
Investments		71,760	-	71,760	112,057
TotalIncome	2	145,821	-	145,821	162,227
Expenditureon:
Raisingfunds		21,183	-	21,183	17,757
Charitableactivities	3	839,896	-	839,896	898,281
TotalExpenditure	4	861,079	-	861,079	916,038
		(715,258)	-	(715,258)	(753,811)
NetGains/(Losses)
Oninvestments		-	687,593	687,593	(14,401)
Netexpenditure
beforetransfers		(715,258)	687,593	(27,665)	(768,212)
Transferbetween	funds:	715,258	(715,258)	-	-
Netmovementinfunds:		-	(27,665)	(27,665)	(768,212)
Balancesbroughtforward
29September2020		-	4,843,606	4,843,606	5,611,818
Totalfundscarried	forwardat
29September2021		-	4,815,941	4,815,941	4,843,606
Allactivitiesarecontinuing.