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GUILD OF FREEMEN OF THE CITY OF LONDON'S CHARITY

Registered charity 227063 · accounts filings on the Charity Commission register · also known as GUILD OF FREEMEN OF THE CITY OF LONDON BENEVOLENT FUND

The charity raises and applies funds to give aid to distressed past and present members of the Guild of Freemen of the City of London, their dependants and relatives. It also supports the educational needs of the disadvantaged at schools linked to the city of London, and it provides grants to benefit young people, the infirm, the aged and the needy, primarily in the Greater London Area

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£43k
Latest spending
£43k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £1,106,902, which the trustees deem adequate to maintain the level of payments in furtherance of its objectives. The charity reported a net movement in funds of £45,638 for the year, driven by investment gains and charitable income exceeding charitable expenditure. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: an amount deemed necessary by the Trustees to produce the income required to enable them to maintain the level of payments in furtherance of the Charity's objectives (held: £1.1m)
“Reserves are held of an amount deemed necessary by the Trustees to produce the income required to enable them to maintain the level of payments in furtherance of the Charity's objectives.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Guild of Freemen of the City of London provides administrative support to the Charity at no cost to the Charity.
“The Guild of Freemen of the City of London provides administrative support to the Charity at no cost to the Charity.” — page 18
“During the year, Trustees made donations to the Charity totalling £300 (2023: £300).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees made donations to the Charity totalling £300.
“The Guild of Freemen of the City of London provides administrative support to the Charity at no cost to the Charity.” — page 18
“During the year, Trustees made donations to the Charity totalling £300 (2023: £300).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£43k£43k
31/12/2023£37k£49k
31/12/2022£30k£40k
31/12/2021£54k£63k
31/12/2020£34k£34k

Common questions

Is GUILD OF FREEMEN OF THE CITY OF LONDON'S CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £1,106,902, which the trustees deem adequate to maintain the level of payments in furtherance of its objectives. The charity reported a net movement in funds of £45,638 for the year, driven by investment gains and charitable income exceeding charitable expenditure. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.