The Essex Wynter Charity Charty Registration No. 1084786 Annual Report and Accounts For the year ended 31 March 2023
The Essex W nter Chari 2022-2023 Accounts 1. Legal and admlnlstrntive information Name ofth8 Charlty The ftjll name of the charity is The Essex Wynler Charrty. The charity is registered the Charity Commissioners of Er¥Jland arKI Wales and ils registrats.on number is 1084786. Corpofate trustee.. Th8 Essex Wynter Trust Company The directors who held Offi durirKJ year were: Chairman Trustee Trustee c0p1ed Trustee Coaopled Trustee Mr Robert Ast(w Mr Peter BLtrroughs lunth"13 May 20231 Mr Philip Brading DT Melanie Davies Mrs Angela WedgwcKJ Officers of the charty during the (x1 we". Secretary Treasurer Treasurer Mrs Zung To Dr Josephine Webb luntil December 20221 Mr Tim Redding (from January 2023) Prlnclpal office The principal office of the charity is 5th Floor Ea. 250 Euston Road, L(dOn NW12PG. Advlsors Bankers CoLrtts & Co 440 The Strand London WC2R OQS Soliotors IMher5 LLP 20 Old Bailey Ldon EC4M 7AN Investment a(fvisors M&G Securilies mited PO Box 9038 Chelmsford Essex CM99 2XF Investment propety athiisors Loveioy Stevens Berkthre Ltd 63 Cheap Street Newbury Betkshire RG14 5DH Auditors Blue w're Limited Cthey Priory South Pallanl Chichester P019 1SY
The Essex W nter Chari 2022-2023 Accounts 2. Structure, governance and management Structure of the charity The Essex Wyntef Charity is govemed by a Charrty C¢Jnmission heme dated 10 November 2016, as amended on 17 September 2019 and 29 February 2020. The Scheme also covers The Bentinck Charity. On 28 February 2020 the Charity Commission agreed that The Essex Wnler Twstee Company {a ctNnpany, registered number". 122153501 is the Iruslee of the chartty. Recrultment. appolntment and tralnlng of Iru$tges The Essex Wynter Charity 15 governed by the Essex nter Trustee C¢)mpany. There are three Directors known as rmInated trustees and two DirectOT5 krv)vffl as c{opted tfustees who are responsible for setting the strategi¢ direction of the organisation and for establishing policy. Nominated trustees a appointed by the University College London Hospitsls Charity. C¢>opled trustees a appointed by the Iruslee board. NeY appointed trustees are piovided wth information paS including copies ofthe constitution of the charity. the previous year's annual reports and accounts, and the standing orders and standing finanaal instructions. In addition. new trustees meet the ChaImi and officers of the charity lo discuss the organisalion's aims, objectwes and direction. Trustees aTe kept up lo date regulaTly vthh d)anges reLating to charity legislati. ConfereeS organised by legal. financial and investment professionals are aVaiLae for tnjstees to attend. The trustees delegate the daY-tdaY administrab.on of the charrty to the Secretary and Treasurer. Risk management policy The trustees actively review the major risks which the charity f$ on a regulai basis and believe that the maintenance of reswves as referred lo trAow. Combi wth the annual review of the controls over key financial systems carried out through an audit programme. KMII provide sufficient resources in the event of a(fverse conditions. 3. Objectives and activities The prinapal obiects of the charity as set out in its scheme are the relief of need by the provision of grants, scholarships or housing accommodation for the benefit of cuent and past employees of The Middlesex Hospital and University College Londorb Hospitals are in need of financial assistance. In carrying out these obj'ects, the trustees have had regard lo the Charity Commission's guidance on pU1C benefit. At 31 March 2023 the charity owned 26 properties located in Newbury. Berkshire. Five of these properties are classified as tangible fixell assets and are occupied ty beneficiaries of the Charity, while the remainder are now classified as investments and are being refuthshed and let to private tenants. vmth 14 let at the year end. The trustees. view is that. whilst the charity delivers benefit onty to a sedion of the public rather than the public as whole, the clas5 of potential benefiaarie5, being current and past employees The Middlesex Hospital and University College London Hoswtals. 15 SLrficienlty broad. lIst residents make contributions towards the costs of their accommodation, these are set al a low level vthich is substantially less than the market rent for the relevant property and does not constitute an unreasonable restriction on access lo the benefits provided by the ¢harily. 4. Achlgvements and perforn)an¢e During the year the programme of maintaining and refurbishing empty cottages to a lettable slate conlinL+ed. Various repairs and maintenance works were carried out in order lo keep the estate to a good standard. At the year end 14 were let to Private tenants whth enhanced the chanty's total income for the year.
The Essex W nter Chari 2022-2023 Accounts S. Financial revlew The charity received conlributs.ons low8ids the st of maintaining the estate of £24,916 r2021-2022'. £24.300) from the residents and £225,13012021-2022". £130.493} in investment income foT the period. Propety management costs and support for residents amounted to £194.93012021-22". £212.9361. One additional grant for nurses was approved during the year for £14.000 12021-22.. £13,000). The total amount spent on charitable activities was £211,221 12021-22. £227.0841. During 2021-22. the trustees started a pwramme of refurbishing Ihe empty Properties on the eslale wilh a view lo letting them lo private tenants. £160.24312021-22'. £66.1591 was spent on these works. The charity is Continuing to prepare a planning application lo develop the Nevthry estate. which incurred costs of £58k during the year {2021-22'. £100kl. £250k of investmenls were sold during the year in order to raise cash for planning costs and property refiJth"5hmenl. Reserves policy The trustees consider that the charTty requires reseryes Ibeing unrestricted fiJrKls readily available for usel in order lo meet its ongoing commrtments in iespe¢t of ils cufrent residents and the mainlenan¢e of the estate. In formulating their policy on the desiied level of reserves, however, the trustees have taken into account the likely level of income generated on the endowment fvnd and their abilrty, rf need . lo expend part of the endowTnent in furtherance of the charity's objecls. The trustees therefofe consider that the free reserves of the chanty shoukl mainlained at a relatively low level in Order lo safeguard the delivery ofthe charity's objects and cope unanticipated maintenance expenditure. As at 31 March 2023 the level of free reserves Nwds £494.296 vthi¢h the trustees consider to be adequate for these purposes. This policy is reviewed on an annual basis. Investment policy The trustees hold units in Common Investment FurKls. which (1 two key requirements, in line with the reseNes policy outlined above.. Pfovision of a regular irujme to supplemenl the residents, contributions and protection for the Capital value of the charity's endowments. Fund perfomiance is reviewed iegularfy and changes lo the investments made when necessary. The overall pclicy is also reVId on a regular basis. 6. Plans foy future periods The Charty Commission Stheme of 10 Novemter 2016 fully regulates the ch8rity and broadons ils objects. This ensures that the charty remains aNe to deliver charitable beneffts over the longer term. The charity intends 10 continue to provide gr1$ to individuals in need among the knefiuary dass as well as through the provision of housing. 7. Statement of Trustees. re5ponsiblllties The trustees are sponsible for preparing the Trustees. AnL1 Report and the finanaal statements in accordance with applicable law and Unrted Kingdom Accounting Standards (Unrted lQngdom Generally Accepted Accounting Practice}. The law appli¢3ble lo tharities in England & Wale5 requires the trustees to prepare finarrial slalemenls for each financial year which give a tnje and fair view of the slate of affairs of the chaflty and of the incoming resources and application of resources of the charity for that peri1. In preparing these financial statements, the trustees are required lo.. select suitable accounting FKAiues and then appty them consistentty,. observe the methods and principles in the Charriies SORP", make judgements and estimates that are reasonable arvj prUdt". state whether applicable 0ntIng standards have been follfmed, subjecl to any material departure5 di10$ed and explained in the financial slalements" prepare the financial statements on the going concem basis unless il is inappr¢¥riate to presume that the charity will continue in operation. The trustees are reSponsie for keeping proper accounting records that disdose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure th* the financial statements comply wlh the Charities Act 2011. the Charity {Accounls and Reports) Regulations 2008 and the provisions of the scheme. They
The Essex W nter Chari 2022-2023 Accounts ale also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and olher irregulanties. Approved by the Trustees on Lqth iW3 and signed on its behalf.. Mr Robert Astor, Chaiman On behalf of The Essex Wnter Trustee Company
The Essex W nter Chari 2022-2023 Accounts Independent AudltoV$ Report to the Trustees of The E$sox Wynter Charity Opinion We have audited the financial slements of The Essex nter Charity (the 'charty'l for the yeai ended 31 March 2023 which comprise the Statement of Financial Activrties, the Balance Sheetand notes lo the financial statements, including significant accounting policies. The financial retthl'ng framework that has been applied in their preparation is appli¢able law and United Kingdom Accounting Standards. including Financial Reporting Slandaid 102 The Financial Reporting standa ap@able in the UK and Republic of Iland (Unrted lQngdom Generally Accepted Accounting Pradice). In our opinion the financial stslements.. give a true and fair view of the stale of the chaftty's affairs as at 31 March 2023, and of its incoming resources and application of resoufces. for the year then ended. ave been proFerfy prepared in acuydance Vith United Kingdom Generalty Accepted Accounting Pracb'ce., and have been prepared in accordarKe wih the requirements of the Charities Acl 2011. Basis for oplnlon We condu¢led our audrt in accordance wth Intemational Standard5 on Auditing IUKI IISAS IUK}l and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial slalements section of our report. We are indetndent of the charity in accordance wth the ethical quiremenls that are relevant to our audrt of the financial slements in the UK, including the FRC'S Ethical Standard, and we have lulfilled ourotherethie81 responsibilities in accordance %wth these requirements. We believe that the audit evidence we have obtsined is sufficient and awowiate to provide a basis for our 0.n10. Conclu$lons relating to going conum In auditing the financial slements. we have conelLKled that the tfUStees' use of the going concern basis of accounting in the preparation of the financial slatements is appropnale. Based on the work we have perfomied, VR have not thntffiefj any material unrtain"e5 relating to events or conditions that, individually or collectively, may cast significant Iloubt on the charity's ability lo Continue as a gn9 concem for a period of at least 1ve months fr(n when the financial statements are aulhorised for issue. Our responsibilities and the resw)nsilylities of the trustees respect to goiThJ concem are described in the relevant sections of this Teport. Othor Infomiation The other information comprises the infGation included in the truStS, report, other than the financial statements and our auditor's report Ihereon. Our opinion on the financial statements does not coverthe other infomiation and. except to the extent otheise expliatly slated in our report, we do not express any form of assurance Conclu0 Ihereon. Our Tesponsibility is lo read the other infomiation and, in doing so, consider vthether the other information is materially inconsistent wlh the financial statements or our knovAedge obtained in the aLKlil or otherwse appears to be materially misstated. If we identfy such material inconsistencies or apparent rnaterial misstatements, we are required lo delemine whether there is a Material misstatement in the financial stslements or a material misstatement of the other information. If, based on the )rk we have performed, we conclude that there is a material misstatement of this other infomiation, we are required lo re[ that fact. We have nothing to rep)rt in this regard. Mattets on whl¢h we are required to report by exception We have nothing to report in Tespect of the fdlowing matters in latiOn to which the Charities {Accounls and Reportsl Regulations 2008 requi us lo report to you rf, in our opinion." the information given in the financial statements 15 inconsistent in any material respect the trustees, report.. or sufficient accounting records have not kept.. or the financial statements are not in agreement vAth the accounting records." or we have not received all the informatson and explanation5 we requhre for our audit.
The Essex W nter Chari 2022-2023 Accounts ReSponslbllSeS of trustees As explained more fully in the statement crftruslees, reSpOnbIlItIeS, the Irustees are responsible for the preparatson of financial statements which gwe a twe and fair view, and for such intemal control as the trustees determine is neSSary to enable the preparation of finanal statements that are free from material misslatemenl, whether due lo fraud or error. In preparing the finanual 51alemenls, the Iw5tees are resF4)n5ible for assessing the charity'5 abilrty lo conts.nue as a going concem, disclosing, as app4icable. matters lated lo going concem and using the going concem basis of accounting unless the Iruslees either intend lo liquidate the thartty 01 to cease opeTations, or have no realistic alternative but to do so. Audltorf$ re$ponslbilitl8s for the audit of the financial statemgnts We have been appointed as auditor under section 144 of the Charrties Act 2011 and report in accordance wlh regulations made under section 154 of that Act. Our objecbves are lo obtain reasonaNe assurance aboutwhelher the financial statements as a whole are free from material misstalemenl. whether due lo fraud error. and lo issue an auditor's port that includes our opinion. Reasonable assurance is a high level of assurance. but is N)1 a guarantee that an audit ndUcted in accordance with ISAS IUKI will afvlays detect a material misstatement wthen rt exists. Misstatements can arise from fraud or error and are considered mateiial if, indivtdually of in the aggregate. they could reaSonaY be expeded to influence the economic decisions of users taken on the basis of these finarrial stalemenls. IrTegulaTilies, including fraud, are instances of noTrcompliance vth laws and regulats"ons. We design procedures in line with our responsibilities. IrtlIned atrxive. to detect material misstatements in respect of irregularities. induding fraud. The extent to our procedures are capale of detecting irreguLarities. ilUding fraud is detailed below. Based on our understanding of the Charity and the inthjstry in which it operates, we identrfied the principal laws and regulation5 that directly affect the financjal Staternt5 to be the char"eS Act, and Trustee Ad. We assessed the exienl of compliance with these laws and regulations as part of our prctedure5 on the related financial statement rtems. In addition, the Charity is subjec* to many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disdosures in the financial statements. for instance through the imposition of fines or lrtigation. Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulaliorbS lo ewuiry of the Trustees aTrJ other management and inspection of regulatory and legal COrsPOndenCe if any. Audit procedures performed by the eroagement team induded.. Enquiry of those charged Trmlh governan around actual ar potential litigation aThJ daims and any instances of non-compliance wlh laws and regulations", Reviewng minutes of meetings ofthose charged with g¥)vemance'. Reviewng financial statement disclosures and testing to supw)rting documentation lo assess compliance wrth applicable laws and regulations. Because of the inherent limitations of an audtt. there is a risk that we wll not delect all irregularities. including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance wlh a law or regulation is IO¥ed from the events and transactions reflected in the financial slalements, as we will les5 likely lo become aware of instances of non-compliance. The risk is also greater regarding irregulariltes occurring due lo fraud rather than error, as fraud invofves intentional concealment, forgery, collusion. omission or misrepresenlatK)n A further descriplion of our responsibilities is available on the Financial Reporting Council's website al.. htt s..I1w.Irc.0r -uklOur-WorkJAudiUAudit-and-assurancelStandards-and- uidancelSlandards-and- uidance- for-auditorslAuditors-res onsibilities-for-auditlDescri tiort-of-audilors-res nsibilities-for-audit.as This description forms part of our auditor's report.
The Essex W nter Chari 2022-2023 Accounts Usè of our report This report is made soldy lo the charty's INslees. as a boty. in accordance wth Part 4 dthe Charities IAccoLnls and Reports) Regulations 2008. Ouraudstwork has been Urertaken so that we might slateto the charity's Iru5tees those matteT5 we are reqLtired to slate to them in an audrt¢s report and for no other purpose. To the fullest extent peTmitted by law. we do not accept or assume respsibil to anyone other than the Charity and the charity's trustees as a body, for our audit work. for this report. for the opiniorbs we have fomied. Cavley Priory South Pallanl Chichester West Sussex P019 1SY Blue Spire Limrted, SILrtory AJitOr Date 04 December 2023 Blue Spire Limited is elW1b to ad as an aut*torin tenns of sect11 1212 of the Comp8nies Act 2006.
The Essex Wynter Charty 2022-23 Accounts 8. Statèmènt ol Flnanclal Actlvltles forthe yearended 31 March 2023 2022-23 unrestred EwMeftt funds hjnds 2021-22 Tol81 funds Totsl funds In¢om• and ondo%wn•Thts from: Invesltnents 225.130 24.916 250.046 130.493 24.300 154.793 Charitab12 aclivibes 24,916 2SO,046 Tol41 Expendlure oh= Cost ol managing. mainlainir¥J atKI rEParj wThEslrr propert*s Charilabk araiwtses IieA).2431 1160.2431 166.1591 211.221 211.221 211.221 371.464 227,084 293,243 Total 160.243 Net gainsl(105ses1 on wnRstmpn15 16.6051 1131.66n 1148.2721 293.266 N•t Intom•ll•xp•ndiiurnI 22220 1291.9101 1269.6901 154,816 Other re¢ognlsod galn5l1105s} GairlI05$e5I on revalualion of ftted a55ets 80.000 57,7(KJ Net rnDvememt lfi funds 22220 1189.6901 212,516 balan5 brOahIf0wd at 1 Apr 2022 10 472.076 10.257.406 10,729.482 10.516.966 Fund balanus ¢•th•d fon¥a at 31 Mar¢h 2023 10 494.2 10.045.4 10.539,792 10.729.482
The Essex Wynter Charity 2022-23 Accounts 9. Balance sheet a$ at 31 March 2023 2022-23 Unreslricted Ermlutni gra1 funds nds 2021_22 Total funds Total funds Flxed assets Tangib fNed 8sse15 Inve5bnents Totsl fixed assots 1.205.(JY) 8.795.423 lo.0.423 1,20S,000 9.328,628 10.533.628 1.2w,rMJo 9.593,657 10,793,657 533.205 $33,205 urrnt assets Debtors Cash at bank 8TrJ in haTr Total Current assets 60.398 102.331 162.729 74,208 33.709 107.917 57.258 117.656 45.073 45.073 Creditors.. amounts fa due withv) •ne year 1156.5651 1156,56SI 1172.0921 Notcurrent ass0ts1lliabiliti¢sl 45.on 6,164 64,175 Notassots 494,296 10.045.496 10.539.792 10.729,482 Funds of the charSty Capital fund5. Endowment fvnds 10 10.045,4 10,04Sh96 10.257.406 InGome furid$". Unrestricted general 10 494.2 494.296 472,076 Totsl fund¥ 494.296 10.045.496 10.539.792 10,729,482 The notes nUMred 110 13 form part ofthese Apwoved by the Twstee on 144 kn13 arKI svJrd on ts thalf.. Mr Robert Astor, Chairnan On behaWofThe Essex tTrUsI8e Corrwny
The Essex Wynter Charity 2022-23 Accounts 10. Notes lo the Financial Statements A¢¢oun¢ing politles 1.1 A¢¢ountsng tonvtntion The Essex Wnter Charrty is an unincorporaled charty re9islered in EThJknd govemed by a constrtution. The address of the principal Offi 15 5th Floor Ea51. 250 Euston Road. London NW1 2PG arwf the tharrty's operab.ons and prinijpal actniilies are set out In the trustees, report. The charity con51itute$ a pubTrc benefft entty as defined by FRS 102. The finantial St3Mènts have been prÈpared In accordance wrth Accounting and Reporting by CharitEs Stalefflent of Recornrrended Practice applicabk lo tharilie5 preparing their accounts In accordance wrth the Finantial Reportin9 Standard applicable in the UK and RepublK ol Ireland 155ued in (lttober 2019, the Finan(xal Repotbng Sland3td applKxblE in the United Kinylom and Repub of Ireland IFRS 1021. the CharitEs Act 2011. and UK GerLeralty Accepted AcctyJntir¥J PraciKe. Th? finanual statements are prepared on a going concern basi5 under ¢he hi5torral cost cwvention. rnodrfEd lo indude trtain rtems at fair value. The finanaal statements are psenIed in sterfing which B the functional currency ef the charty and rourKled to Ihe nearest £_ 1.2 Statsm8nt ofcash flo The thanty does not indudè a cash slatement an Ihe gmunds rt FRS 102 Sedvm 1A 1.3 Income reGoynitson All incoming resources are Ind in Ihe Stslerrenl of Finanoal Athths ISOFAI when the tharity kgally entitkd lo the InMe after any perfomiance crjndrtns have been met. the wnouTht can be ffasured rethabty and rt va probab18 that the income will received. In¥eslment income is eamed ihrough holjing assets for investrnent pUOSe5 suth as shares. h indudes dwhlends ar interest. Where It is not practuble to enIfy investrnent managenl o)sls Inrred within a scheme wth reasonab18 accuracy the investment Incotne Is Ported net of these costs. It i% induded when the amount can be measured relkably. Interest income is cOgniSed using the effecve interesl r0d and dr¥Klend and rent incorre recognised as the charitls rKJht to rective payment is establld. 1.4 Rècognitlon of expendlturn All expendilvre is accounied foion an alxyuals basis and has been da$$rf1 undeT headings that aggregate 211 costs related lo the category. Expenditure i5 reCognd where there a gal or con5trucbve oblalln to make payment5 to third part5. il is probable that the settlennl will be required and the amount of the oblvjation can be rneasured reliably. tt B categorised under expenditure on Charitab acti¥eS and intjudes upkeÈp of Ihe tha$ properties and the cost of administenng the actwty of the tharity. Support costs are thosè that assist Ihe warft ollhe thanty bLrt do not dire(* represeni tha[Ithb and indude offic costs. and governance costs. They are iThcurred direclty in support of expenditure OTh the obTrxts of the tharity. Support r4)st5 are alloG8ted to exp8ndrture on chalilab 8ctNrtS as this is th8 SO actmty of tharrty. 1.5 VAT The charity is not regthred for VAT and to recoverVAT incurreil. On thi% ba515 cosls are recorded indu5we of VAT within the SOFA.
- Notes to the Financial Statements (continued) 1.6 Tangible fix•d assets al Capitali5atK>n Tangib18 fixed assets whM Capab of being used Icrf mre than ore yeaTand have a cost equal to or greaterthan £5.orKI are capitali%ed. bl Valuatb)n Land, buik1ings. inslalLAtions and stated at epen market value for their exisbng use. Valuathins are carrd ovl Pfofessionally at S year in(eNa15. The st suth valuation was made on 31 Marth 2018 by M3tshals. Chartered Surveyors Belween valuations the Trustees perforni a thsktop revaluabon based on the professional opinion of their estates advisor. a thartered sutveyor. cl Depreciatsn FYAed asse15 hekj fof use by the charty are not depfeoated because the depreciation tharge and Ihe auxmUl£d depreciation char9e are not material as the assets have a very long 4J5eful tite. 1.7 Flxed a888t Investments Investrnenls are recogni8ed inthaty al fair Val whKth 15 norrnafy the transarlK¢n price excJding transaction ¢A)sts. Subsequentty. they a measured at fair vabje with chan9es recognwl in'net gains I Ibssesl on in¥8Stments' in the SOFA where veStrents are publidytr3ded oithefatr value can 0th8This8 be sred relabty. Quoted st(th and shares are in£knle¢J in the sheet at mbsmarket prK8. ex-dN. 1A Debtors recelvable and Gr¢dilors payable wlthln one yoar Dabtors and creditors with no stated interest rale arKI ble or Payab within on? Year3 recorded at transact pric8. Any losses arising fr¢)rn impament are recognEed in expenditvre. 1.9 Taxation The rtharity B considered lo pass the tests set otst in seclb)Trs $21 to 536 IncryrE Tax Ad 2007 ItfA 2Crf)71. as such no incorre lax is payable on the chaiity5 acivth5_ 1.10 Funds structure The pemianent endowtnenl fund conssts ofany land and pr¢xeeds ol Ihe Sa of Land formerly 1)ngIng lo the Drwaller Essex nIel Itkedl Charity. and any la and proceeds of the sak of Land forTnerty bek)n9ing to the DF Watter Essex Wynler IWIII Chairty, except for the LAnd purdwsed out ofthe Irust fund- (see bekY41. and the investrnpnts representing the £10,OW bequesl gwen to The Mwjdlèsex H05Prtal by Akna Martha Benb"fi¢ li.e. Ihe fomxr Benlinc Charity). Tho expendab endownnl fijnd consisls of kAnd purthased by the trustees out of Ihe Iw5t fvnd. referred to in the will of Dr WaKer Essex Wnierand the proceeds ofthe of suth Larl. General funds are unrestricted fijnds which are avalblE for use at Ihe disuetion of Ihe Tw5tees in further¥n( of the neral obiectNes of the tharty and Wh ha¥e not deswjnated ts olher pvtpose 1.11 Relatsd party transactions During Ihe year none ofthe Twslees or members of Ihe key management stsff or partE5 rdated tv Ihem has undertaken any material tran5aclion5 with Ihe Essex Wynler Chaiity. 1.12 Going coneern The finanual slaternents have been prepaied on a going COnM basis as Ihe trustees lieVe th3t no material unortaintres exist. The Iruslees have consKlered the 1 of funds heh1 and the expected level of iniJme and expenditure for 12 monlhs frem authorising the finanoal statement5. The budw Ire and expenditure 5uff#xnt with the 1 of reseNes for the charity to be able lo ¢tINue as a going concern.
The E¥¥ex Wynter Charity 2022-23 Ac¢oynts 10. Notss to the Flnanclal Staterne Icortlnuedl 2. In¢oth Z022-23 Toi•l fun I runds runds 131,272 131.272 93.6 202 Rental Income Ba dek¥JsrtlDteresl 202 225,130 22S,lJll 2021-22 EndeThI Unrestricted Iw5 Total funds 116,th)3 14,480 10 116,003 14.4BO Renr81 irt( BankdepO5rtintesl 130,493 130 453 Iae from charltable xtlbltle Unre51ticted wal fun05 EndeThI nds Total fvnds 24,916 24,916 24.916 24,916 Z021-22 Totsi nds rund5 24,300 24,300 4. Anknl• of charilable expendfjbjrv 202243 2021-22 Total fd$ and m•nt¢n•K0 Utylty charges ReSeI$ 5uppxI &*tsio UCLH T 124.612 42.899 20,398 14&010 49,920 137.9D2 72,159 2,675 14,148 14.0 2291 16.291 29.710 211.221 227.084 UnStr1ded tur5 EnthyhTrenl fvnds 211221 227,W 211.221 227.084
The Es¥ex Wynter Charity 2022-23 Accounts 10. Notss to the Fin111 Ststemerts Icontinwd) t8f nwses Totsl £ts HoMraFra T15 A1¥¢9 AccountsrKy AdNn expen¢1 PrnrAknnal to diFect expetKJlute TravFI expenses kKaled 01lA¥d Sundry expenditu ttydwed exreTh Letbng agency fEes todireLtexFendrtwe 167 740 2,181 9.60ty 51 478 451 15,289 $51 6.591 35 328 310 10.497 379 12 113 37 3.613 f30 42 7.021 2.291 29,710 Tangle fixed as•ets 2022-23 Prop• Valualion al 31 March 2022 Additson5 Tpn$ferto ve51rnI prcwty Rev¥1uatKs Diswsal almatkel Vualion at31 M•rth 2022 1,2ryJ.000 1.205,W N4lbook valupatjl 2fy23 1.ZOS.ODO Net i)okv8lal Ji March 2022 1,200.000 H1cCO51 a131 2023 936.55S Flxed asset InveJlrn• 2U22-33 2021-22 Listed T1 IAovenwTrts In fvy•4r M1 vJe al 31 M¥ch 2022 Add. Tran51er trom tsryible fiwj a55ets Add Atqui*bonsatcosl Less Diswsa& al proceed value Nel gain51lk)sse¥i an Inveslment Matket valw ai 31 March 2023 3.640.245 5.9$3,412 9,693,657 3,496,979 5,807,087 704.484 tT54.1891 339.336 9,$93.657 .244 58344 S0,QOD) 3.273 9.32U.621 (250.(KW)) 148.273 3241.972 6.086.856 HIst0T G051 2.326,9 669.6S5 2 996 $55 3,042.878 UnresirKted 533 205 2.708.7 3.241.972 S33,205 0,795,423 9,328 62B 549,810 9.043,847 9.593.657 6,086.6S 6.086.656 2022-23 21-22 8. Debtorn 74.20
The Essex Wynter Charity 2022-23 Accounts 10. N¢)te5 to Financial Statsments leortin 1022-2J Z021-22 9. ¢rndttorn'. an¥xini¥tsllltyJ on•y•¥ Tradecieditors Grants payable 11.053 116.182 S,J20 24,010 1%,565 24.158 114,295 23.646 9,99S 172.092 2D22-Z3 C•th forward 9,995 19,9951 24,D10 24.010 24.010 24.010 10. olfund5 31 Marth 2023 xse5 9.912.4 156.6871 9,69S.496 34S.L 5.000 360.000 472.076 250.046 11.221 16.605 494.296 10.729.4V2 2.046 10.539.792 J71.464 8.272 1160.2431 ExpBntsble Vnrestheged general frJTh1s 11. Trnslg4s' expenses and otherrelated pavty tran5xkns One l(us¢ee r8cefftd travde4*nsts 01£328 Iw22." £4401. SupFQrtCOsts 01£2.160 [•tOthel(2o22. £2.0101 fvJraL¥X
The Essex Wynt•r Charity 2022-23 Aecounts 10. Nots8 to th8 FinanGi•l Statements Icortinuwll 13. Fln•n¢141 Imtrumpnts 2023 2022 Measured al fair¥311h nel Th{eNti#$I". Tle fixed assets $$set Investments 1.205.1) 9.328.628 10.533.628 1.2fMI.000 9.593.857 10.793,857 Tradtr ¢rtditots 11,053 11,D53 24.15SI 24.156 rrffiari5ed 85 f(kn8 202J 2022 Rentd Incorne vestnI 24.916 131.272 156.188 24,300 140,303 2023 2ty22 Nèl 9ans and kn55e5 (ithtirgf in farvaw Neigainglkxses}all irh%wbrnLA Gnl$SeI on fixedassets 293.266 57,700 3,566 88.272 ices ksl Iiaded wKe5kne¥¥AKat*.