## |`Contents`|`Page`| |---|---| |`Trustee’sReport`|`1-7`| |`IndependentAuditor'sReport`|`8-10`| |`StatementofFinancialActivities`|`11`| |`BalanceSheet`|`12`| |`NotestotheFinancialStatements`|`13-20`| ## ## ## ## ## ## |`Almshousesaddress:`|`272ConsortRoad`| |---|---| ||`London`| ||`SE153SD`| |`Administrationaddress:`|`Girdlers’Hall,BasinghallAvenue,`| ||`LondonEC2V5DD`| |`AlmshouseManager:`|`MrMarkHarris`| ||`14Beeston’sHouse`| ||`272ConsortRoad`| ||`LondonSE153SD`| |`Bankers:`|`NationalWestminsterBankplc`| ||`PO Box712`| ||`94Moorgate`| ||`LondonEC2M6XT`| |`Auditor:`|`SafferyLLP`| ||`71QueenVictoriaStreet`| ||`London`| ||`EC4V4BE`| |`InvestmentManager:`|`WavertonInvestmentManagementLtd`| ||`16BabmaesStreet`| ||`London`| ||`SW1Y6AH`| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||`Extraordinary`|||`Total`|`Total`| |---|---|---|---|---|---|---| |||`Repair`|`Unrestricted`|`Permanent`|`Funds`|`Funds`| ||`Notes`|`Fund`|`Funds`|`Endowment`|`2023`|`2022`| |||`£`|`£`|`£`|`£`|`£`| |`Incomeandendowmentsfrom:`||||||| |`Donations& legacies`||`-`|`-`|`-`|`-`|`1,500`| |`Investments`|`3`|`-`|`46,109`|`-`|`46,109`|`39,756`| |`Charitableactivities`||
`-`|
`113,340`|
`-`|
`113,340`|
`109,213`| |`TotalIncome`||`-`|`159,449`|`-`|`159,449`|`150,469`| |`Expenditureon`||||||| |`RaisingFunds`||`-`|`14,668`|`-`|`14,668`|`14,429`| |`Charitableactivities`|
`4`|
`48,285`|
`258,636`|
`-`|
`306,921`|
`138,021`| |`.`
`Totalexpenditure`||
`48,285`|
`273,304`|
`-`|
`321,589`|
`152,450`| |`NetExpenditurebefore`||||||| |`gains/(losses)on`||`(48,285)`|`(113,855)`|`-`|`(162,140)`|`(1,981)`| |`investments`||||||| |`Netgain/(loss)on`
`investments`||`:`|`251,248`|`.`|`251,248`|`(231,890)`| |
`Net€&xpenditure)“income`
`beforetransfers`||
`(4g95)`|
`137,393`||
`89,108`|
`233,871`| |`Transfer`||`20,000`|`(20,000)`|`-`||`-`| |

`Netmovementinfunds`||

`(28,285)`|

`117,393`|

`-`|

`89,108`|

`(233,871)`| |`Balancesbroughtforwardat`||||||| |`30"September2022`|
|
`37,701`|
`2,619,694`|
`1,238,250`|
`3,895,645`|
`4,129,516`| |`Balancescarriedforward`||||||| |`at29'"September2023`
||`9,416`
|`2,737,087`
|`1,238,250`
|`3,984,753`
|`3,895,645`
| ## ## ||`notes`|`2023`|`2022`| |---|---|---|---| |||`£`|`£`| |`FixedAssets`|||| |`Investment`|`6(a)`|`2,619,241`|`2,562,263`| |`Almshouses`|`6(b)`|`1,138,250`|`1,138,250`| |`Investment(agriculturalland)`|`6(c)`|`100,000`|`100,000`| |||
`3,857,491`|
`3,800,513`| |`Currentassets`|||| |`Debtors`||`9,217`|`15,557`| |`Cashatbank`||`165,859`|`127,133`| |||

`175,076`|

`142,690`| |`Creditors:amountsfallingduewithin`
`oneyear`||`(47,814)`|`(47,558)`| |`Netcurrentassets`||
`127,262`|
`95,132`| |`Netassets`||

`3,984,753`|

`3,895,645`| |`Funds`
`Permanentendowment`
`Extraordinaryrepairfund`
`Unrestricted— generalfund`||
`1,238,250`
`9,416`
`2,737,087`
`3,984,753`
|

`1,238,250`
`37,701`
`2,619,694`
`3,895,645`
| ## ## ## ## ## ## ## ## ## ## ## ## ## |`InvestmentIncome`||| |---|---|---| ||`2023`|`2022`| ||`£`|`£`| |`RentfromRomneyMarsh`|`3,300`|`3,300`| |`Investmentincome- Equities`|`41,977`|`36,392`| |`Bankinterest`|
`832`|
`64`| |`Totalincomingresources`|
`46,109`
|
`39,756`
| ## ## ||`Extraordinary`|`Unrestricted`|`2023`|`2022`| |---|---|---|---|---| ||`RepairFund`|||| ||`£`|`£`|`£`|`£`| |`Entertainment`|`-`|`3,385`|`3,385`|`1,876`| |`Cleaning`|`-`|`4,462`|`4,462`|`3,253`| |`Lightandheat`|`-`|`6,570`|`6,570`|`2,533`| |`Gardenandtreemaintenance`|`-`|`6,271`|`6,271`|`4,650`| |`Insurance`|`-`|`3,707`|`3,707`|`2,853`| |`Repairsandmaintenance`|`48,285`|`119,015`|`167,300`|`20,515`| |`Telephone`|`-`|`647`|`647`|`864`| |`Manager'ssalarycosts`|`-`|`50,267`|`50,267`|`44,152`| |`Apportionedsalarycosts`|`-`|`53,892`|`53,892`|`46,809`| |`Waterrates`|`-`|`455`|`455`|`567`| |`Sundries`|`-`|`1,097`|`1,097`|`429`| |`Aidcall`|`-`|`1,041`|`1,041`|`894`| |`Hampers/cakesanddonations`|`-`|`1,684`|`1,684`|`2,521`| |`Governancecosts`|`-`|`6,143`|`6,143`|`6,105`| ||
`48,285`
|
`258,636`
|
`306,921`
|
`138,021`
| |`Staffcosts`||| |---|---|---| ||`2023`|`2022`| ||`£`|`£`| |`Wagesandsalaries`|`79,947`|`70,999`| |`Employer'sNIC`|`10,318`|`8,279`| |`Pensioncost`|`13,894`|`11,683`| ||
`104,159`
|
`90,961`
| ## ## ## ## ## ||`Total`|`Total`| |---|---|---| ||`Funds`|`Funds`| ||`2023`|`2022`| ||`£`|`£`| |`Listedinvestments`|`2,540,170`|`2,426,772`| |`Cashawaitingre-investment`|
`79,071`|
`135,491`| ||
`2,619,241`|
`2,562,263`| |`Marketvalueoflistedinvestments`||| |`30September2022`|`2,426,772`|`2,782,092`| |`Additions`|`310,270`|`682,950`| |`Disposals`|`(448,302)`|`(859,288)`| |`Unrealisedgain/(loss)`|`251,430`|`(178,982)`| |`MarketValue`||| |`29September2023`|`2,540,170`
|`2,426,772`
| ## ## ## |`Debtors`|`2023`|`2022`| |---|---|---| ||`£`|`£`| |`Otherdebtorsandprepayments`|`4,477`|`5,103`| |`Fundsduefrominvestmentmanager`|`3,090`|`8,804`| |`Rentdue`|`1,650`|`1,650`| ||`9,217`|

`15,557`| |`Creditors:Amountsfallingduewithinoneyear`|`2023`|
`2022`| ||`£`|`£`| |`Auditandaccountancy`|`6,000`|`5,520`| |`Investmentmanager’sfees`|`3,800`|`3,400`| |`AmountsduetotheGirdlers’Company`|`23,956`|`37,017`| |`Othercreditors`|`14,058`|`1,621`| ||
`47,814`|`47,558`| |`Outlinesummaryoffundmovements`||| |`Yearended29September2023`||| ||`Fund`|`Balance`
`bfwd`|`Income`|`:`
`Expenditure’`|`Transfers`|`Gainsand`
`Losses`|`Balances`
`cfwd`| |---|---|---|---|---|---|---|---| |||`£`|`£`|`£`|`£`|`£`|`£`| |`ERF`||`37,701`|`-`|`(48,285)`|`20,000`|`-`|`9,416`| |`Unrestricted`||`2,619,694`|`159,449`|`(273,304)`|`(20,000)`|`251,248`|`2,737,087`| |`Perm`|`endow’t`|`1,238,250`|`-`|`-`|`-`|`-`|`1,238,250`| |`Total`|
|

`3,895,645`|

`159,449`|

`(321,589)`|

`-`|

`251,248`|

`3,984,753`| |`t29%`|`September`|`2022`|||||| ||`Fund`|`Balances`
`bfwd`|`Income`|`Expenditure`
`P`|`Transfers`|`Gainsand`
`Losses`|`Balances`
`cfwd`| |||`£`|`£`|`£`|`£`|`£`|`£`| |`ERF`||`22,701`|||`15,000`||`37,701`| |`Unrestricted`||`2,868,565`|`150,469`|`(152,450)`|`(15,000)`|`(231,890)`|`2,619,694`| |`Perm`|`endow't`|`1,238,250`|`-`|`-`|`-`|`-`|`1,238,250`| |`Total`|
|
`4,129,516`
|
`150,469`
|
`(152,450)`
|
`-`
|
`(231,890)`
|
`3,895,645`
| ## ## ## |||`Extraordinary`|||| |---|---|---|---|---|---| ||`Permanent`|`Repair`||`General`|| ||`Endowment`|`Fund`||`Fund`|`Total`| ||`£`|`£`||`£`|`£`| |`Propertyandinvestments`|`1,238,250`||`-`|`2,619,241`|`3,857,491`| |`Netcurrentassets`||`9,416`||`117,846`|`127,262`| ||
`1,238,250`|
`9,416`|
|
`2,737,087`|
`3,984,753`| |`Asat29!"September2022`|||||| |||`Extraordinary`|||| ||`Permanent`|`Repair`||`General`|| ||`Endowment`|`Fund`||`Fund`|`Total`| ||`£`|`£`||`£`|`£`| |`Fixedassetinvestments`|`1,238,250`|`57,701`||`2,524,562`|`3,800,513`| |`Netcurrentassets`|||`.`|`95,132`|`95,132`| ||
`1,238,250`|
`57,701`|
|
`2,599,833`|
`3,895,645`| ## ## ## ## |||`Extraordinary`|||`Total`|`Total`| |---|---|---|---|---|---|---| |||`Repair`|`Unrestricted`|`Permanent`|`Funds`|`Funds`| ||`Notes`|`Fund`|`Funds`|`Endowment`|`2022`|`2021`| |||`£`|`£`|`£`|`£`|`£`| |`Incomeandendowments`||`from:`||||| |`Donations& legacies`||`-`|`1,500`|`-`|`1,500`|`-`| |`Investments`|`3`|`-`|`39,756`|`-`|`39,756`|`48,123`| |`Charitableactivities`||
`-`|
`109,213`|
`-`|
`109,213`|
`107,895`| |`TotalIncome`||
`-`|
`150,469`|
`-`|
`150,469`|
`156,018`| |`Expenditureon`||||||| |`RaisingFunds`||`-`|`14,429`|`-`|`14,429`|`15,872`| |`Charitableactivities`|||
`138,021`|
`-`|
`138,021`|
`159,380`| |`Totalexpenditure`||
`-`|
`152,450`|
`-`|
`152,450`|
`175,252`| |`NetExpenditurebefore`||||||| |`(losses)/gainson`||`-`|`(1,981)`|`-`|`(1,981)`|`(19,234)`| |`investments`||||||| |`Net(loss)/gainon`
`investments`||`-`|`(231,890)`|`-`|`(231,890)`|`387,483`| |`Transfer`||`15,000`|`(15,000)`|`-`|`-`|`-`| |`Netmovementinfunds`||

`15,000`|

`(248,871)`|

`-`|

`(233,871)`|

`368,249`| |`Balancesbroughtforwardat`||||||| |`30'"September2021`||
`22,701`|
`2,868,565`|
`1,238,250`|
`4,129,516`|
`3,761,267`| |`Balancescarriedforward`||||||| |`at29"September2022`||`37,701`
|`2,619,694`
|`1,238,250`
|`3,895,645`
|`4,129,516`
|