**CHARITY REGISTRATION NUMBER: 1097114**
## **The Pople’s Charity**
## **Unaudited Financial Statements**
**For the year ended 31 December 2023**
**Practical Bookkeeping, Accounting and Taxation Services**
34 Clarence Street Southend-on-Sea Essex SS1 1BD
## **The Pople’s Charity**
## **Financial Statements**
## **Year ended 31 December 2023**
||**Pages**|
|---|---|
|Trustees' annual report|**1 to 2**|
|Independent examiner's report to the trustees|**3**|
|Statement of financial activities|**4**|
|Statement of financial position|**5**|
|Notes to the financial statements|**6 to 14**|
## **The Pople’s Charity**
## **Trustees' Annual Report**
## **Year ended 31 December 2023**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2023.
## **Reference and administrative details**
**Registered charity name** The Pople’s Charity **Charity registration number** 1097114 **Principal office** St Martin’s Church Office Church Road Ascot Berkshire SL5 8RR **The trustees** Rev P Mukholi Mr S M Jerrum Mrs J A Blakemore (resigned on 23 October 2024) Mrs A J Michie (resigned on 13 July 2024) Mr L Jenkins Mr N Atkinson Mrs L Philpot Ms K Harris Mr O Lazar (appointed on 25 January 2024) **Independent examiner** Mr M Beales PBATS 34 Clarence Street Southend-on-Sea Essex SS1 1BD
## **Structure, governance and management**
There should be:-
One Ex-officious Trustees Four Nominated Trustees Three Co-opted trustees
**- 1 -**
**The Pople’s Charity**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 December 2023**
## **Objectives**
The object of the charity is to provide housing for the local residents.
## **Activities**
Almshouses - The almshouses belonging to the charity and the property occupied therewith shall be appropriated and used for the accommodation of residents in conformity with the provisions of this scheme.
Hall - The hall adjoining the almshouses shall be appropriated and used as a public hall for the benefit of inhabitants of the area of benefit for such charitable purposes as the trustees think fit.
The Cottages - The trustees may allot accommodation in one of the two cottages to any employee of the charity as a residence during his or her employment. Such accommodation shall be used and occupied by such employee for the proper and convenient performance of his or her duties and not as a tenant.
## **Contributions made by volunteers**
There have been no contributions from volunteers.
## **Achievements and performance**
The charity has continued to provide assistance to the community in accordance with its charitable objectives and to maintain in good order its properties.
## **Trustees’ selection methods**
The ex-officious trustee is the local vicar. The nominated trustees are selected by the parish council. Co-opted trustees are invited to apply through local adverts and word of mouth. Existing trustees then consider applications received for skills and experience of benefit to the charity.
## **Financial review**
The surpluses at 31[st] December 2023 were £1,602,259 (31[st] December 2022: £1,572,985) and the trustees are confident that the charity can continue with its programme of housing the poor with this level of surplus funds.
The trustees' annual report was approved on 4th November 2024 and signed on behalf of the board of trustees by:
Mr S Jerrum Chairman
**- 2 -**
**The Winkfield Educational Foundation**
## **Independent Examiner's Report to the Trustees of Winkfield Parochial Charity**
## **Year ended 31 December 2023**
I report to the trustees on my examination of the accounts of The Pople’s Charity no. 1097114 for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
* Prior to my independent examination, it was brought to my attention that the 2022 Financial Statements for Winkfield Parochial Charity 239931, The Pople's Charity 1097114 and The Winkfield Educational Foundation 309022 had been incorrectly consolidated and filed with The Charities Commission. As part of the preparation of the 2023 Financial Statements for the three entities it was necessary to restate the 2022 statement of financial activities and the statement of financial position.
Mr Martin Beales Association of Accounting Technicians
Independent Examiner
PBATS 34 Clarence Street Southend-on-Sea Essex SS1 1BD
**- 3 -**
## **The Pople’s Charity**
## **Statement of Financial Activities**
## **Year ended 31 December 2023**
|**The Pople’s Charity**
**Statement of Financial Activities**
**Year ended 31 December 2023**||
|---|---|
|**2023**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Note**
**£**
**£**
**£**
**Income and endowments**
Donations and legacies
-
-
**-**
Other trading activities
**4**
72,085
-
**72,085**
Investment income
**5**
6,742
-
**6,742**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
**Total income**
78,827
-
**78,827**
=========================================
=========================================
**=========================================**
**Expenditure**
Expenditure on charitable activities
**6**
51,722
-
**51,722**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
**Total expenditure**
51,722
-
**51,722**
=========================================
=========================================
**=========================================**
Net gains/(losses) on investments
**7**
825
1,344
**2,169**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
**Net income/(losses) and net movement in funds**
27,930
1,344
**29,273**
=========================================
=========================================
**=========================================**
**Reconciliation of funds**
Total funds brought forward
1,552,035
20,950
**1,572,985**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
**Total funds carried forward**
1,579,965
22,294
**1,602,259**
=========================================
=========================================
**=========================================**|**2022 (Restated)**|
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
-
-
**-**
63,308
-
**63,308**
3,928
-
**3,928**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
67,236
-
**67,236**
=========================================
=========================================
**=========================================**
65,279
-
**65,279**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
65,279
-
**65,279**
=========================================
=========================================
**=========================================**
(5,109)
(3,238)
**(8,347)**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
(3,152)
(3,238)
**(6,390)**
=========================================
=========================================
**=========================================**
1,555,187
24,188
**1,579,375**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
1,552,035
20,950
**1,572,985**
=========================================
=========================================
**=========================================**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 6 to 14 form part of these financial statements.**
**- 4 -**
## **The Pople’s Charity**
## **Statement of Financial Position**
## **31 December 2023**
|**31 December 2023**||
|---|---|
|**2023**
**Unrestricted**
**Funds**
**Restricted**
**Funds Total Funds**
**Note**
**£**
**£**
**£**
**Fixed assets**
Tangible fixed assets
**10**
1,399,310
-
**1,399,310**
Investments
**11**
70,222
22,294
**92,516**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
1,469,532
22,294
**1,491,826**
**Current assets**
Debtors
**12**
2,728
-
**2,728**
Cash at bank and in hand
113,162
-
**113,162**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
115,890
-
**115,890**
**Creditors: amounts falling due**
**within one year**
**13**
5,457
-
**5,457**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
**Net current assets**
110,433
-
**110,433**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
**Total assets less current liabilities**
1,579,965
22,294
**1,602,259**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
**Net assets**
1,579,965
22,294
**1,602,259**
=========================================
=========================================
**=========================================**
**Funds of the charity**
Unrestricted funds
1,579,965
-
**1,579,965**
Restricted funds
-
22,294
**22,294**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
**Total charity funds**
**14**
1,579,965
22,294
**1,602,259**
=========================================
=========================================
**=========================================**|**2022 (Restated)**|
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
1,401,433
-
**1,401,433**
66,142
20,950
**87,092**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
1,467,575
20,950
**1,488,525**
2,282
-
**2,282**
85,521
-
**85,521**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
87,803
-
**87,803**
3,343
-
**3,343**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
84,460
-
**84,460**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
1,552,035
20,950
**1,572,985**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
1,552,035
20,950
**1,572,985**
=========================================
=========================================
**=========================================**
1,552,035
-
**1,552,035**
-
20,950
**20,950**
-----------------------------------------
-----------------------------------------
**-----------------------------------------**
1,552,035
20,950
**1,572,985**
=========================================
=========================================
**=========================================**|
These financial statements were approved by the board of trustees and authorised for issue on 4[th] November 2024 and are signed on behalf of the board by:
Mr S Jerrum Chairman
**The notes on pages 6 to 14 form part of these financial statements.**
**- 5 -**
## **The Pople’s Charity**
## **Notes to the Financial Statements**
## **Year ended 31 December 2023**
## **1. General information**
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is St Martin’s Church Office, Church Road, Ascot, SL5 8RR.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Disclosure exemptions**
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the company.
(b) Disclosures in respect of financial instruments have not been presented.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
**- 6 -**
**The Pople’s Charity**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2023**
## **3. Accounting policies** _**(continued)**_
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
**- 7 -**
**The Pople’s Charity**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2023**
## **3. Accounting policies** _**(continued)**_
## **Tangible assets**
Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs.
Land and buildings are stated at cost (or deemed cost for land and buildings held at valuation at the date of transition to FRS 102).
Equipment is stated at cost less accumulated depreciation and accumulated impairment losses.
## **Depreciation**
Land and buildings are not depreciated. Depreciation on other assets is calculated, using the methods set out below, to allocate the depreciable amount to their residual values over their estimated useful lives, as follows:
Equipment - 33% reducing balance
## **Investments**
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure.
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
## **Financial instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
**- 8 -**
**The Pople’s Charity**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2023**
## **3. Accounting policies** _**(continued)**_
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
## **4. Other trading activities**
|Almshouse Activity
Hall & Church
Cottages Activity|**2023**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
31,749
-
**31,749 **
40,336
-
**40,336**
-----------------------
-----------------------
**-----------------------**
72,085
-
**72,085 **
=======================
=======================
**=======================**|**2022 (Restated)**|
|---|---|---|
|||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
24,657
-
**24,657**
38,651
-
**38,651**
-----------------------
-----------------------
**-----------------------**
63,308
-
**63,308**
=======================
=======================
**=======================**|
**- 9 -**
## **The Pople’s Charity**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2023**
## **5. Investment income**
|**2023**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
Income from listed
investments
6,431
-
**6,431**
Bank interest
receivable
311
-
**311**
-----------------------
-----------------------
**-----------------------**
6,742
-
**6,742**
=======================
=======================
**=======================**
**6.**
**Expenditure on charitable activities by fund type**
**2023**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
Almshouse Activity
33,315
-
**33,315**
Hall & Church
Cottages Activity
13,583
**13,583**
Support costs
4,822
-
**4,822**
-----------------------
-----------------------
**-----------------------**
51,721
-
**51,721**
=======================
=======================
**=======================**
**7.**
**Net gains/(losses) on investments**
**2023**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
Gains/ (losses) on
other investment
assets
825
1,344
**2,169**
-----------------------
-----------------------
**-----------------------**
825
1,344
**2,169**
=======================
=======================
**=======================**
**8.**
**Independent examination fees**
Fees payable to the independent examiner for:
Independent examination of the financial statements|**2022 (Restated)**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
3,924
-
**3,924**
3
-
**3**
-----------------------
-----------------------
**-----------------------**
3,927
-
**3,927**
=======================
=======================
**=======================**
**2022 (Restated)**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
50,957
-
**50,957**
11,394
**11,394**
2,928
-
**2,928**
-----------------------
-----------------------
**-----------------------**
65,279
-
**65,279**
=======================
=======================
**=======================**
**2022 (Restated)**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
(5,109)
(3,238)
**(8,347)**
-----------------------
-----------------------
**-----------------------**
(5,109)
(3,238)
**(8,347)**
=======================
=======================
**=======================**
**2023**
**2022**
**(Restated)**
**£**
**£**
**2,700**
2,760
**=======================**
=======================|
|---|---|
**- 10 -**
## **The Pople’s Charity**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2023**
## **9. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
## **10. Tangible fixed assets**
||**Land and**|||
|---|---|---|---|
||**buildings**|**Equipment**|**Total**|
||**£**|**£**|**£**|
|**Cost**||||
|**At 1 January 2023**(As Restated)**and**||||
|**31 December 2022**|1,395,000|17,797|**1,412,797**|
||=========================================|============================|**=========================================**|
|**Depreciation**||||
|At 1 January 2023 (As Restated)|–|11,364|**11,364**|
|Charge for the year|–|2,123|**2,123**|
||-----------------------------------------|----------------------------|**-----------------------------------------**|
|**At 31 December 2023**|–|13,487|**13,487**|
||=========================================|============================|**=========================================**|
|**Carrying amount**||||
|**At 31 December 2023**|1,395,000|4,310|**1,399,310**|
||=========================================|============================|**=========================================**|
|At 31 December 2022 (As Restated)|1,395,000
=========================================|6,433
============================|**1,401,433**
**=========================================**|
In the opinion of the trustees and on the basis of valuations carried out by suitable qualified professional, the market value of Land and Buildings at 31 December 2014 was £1,395,000.
## **11. Investments**
|**Investments**||
|---|---|
||**Listed**|
||**Investments**|
||**£**|
|**Cost or valuation**||
|At 1 January 2023 (As Restated)|**87,092**|
|Additions|**3,255**|
|Other movements|**2,169**|
||**--------------------------------**|
|**At 31 December 2023**|**92,516**|
||**================================**|
|**Impairment**||
|**At 1 January 2022**(As Restated)**and 31 December 2022**||
||**-**|
|**Carrying amount**||
|**At 31 December 2023**|**92,516**|
||**================================**|
|At 31 December 2022 (As Restated)|**87,092**|
||**================================**|
All investments shown above are held at valuation.
## **Financial assets held at fair value**
The fair value of listed investments is determined by reference to the quoted price in an active market at the balance sheet date.
**- 11 -**
## **The Pople’s Charity**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2023**
## **12. Debtors**
|**12.**|**Debtors**|||
|---|---|---|---|
||||**2022**|
|||**2023**|**(Restated)**|
|||**£**|**£**|
||Prepayments and accrued income|**2,727**|2,282|
|||**============================**|=======================|
|**13.**|**Creditors:** **amounts falling due within one year**|||
||||**2022**|
|||**2023**|**(Restated)**|
|||**£**|**£**|
||Accruals and deferred income|**5,458**|3,344|
|||**============================**|=======================|
**- 12 -**
## **The Pople’s Charity**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2023**
## **14. Analysis of charitable funds**
## **Restricted funds**
|**Restricted funds**|||||||
|---|---|---|---|---|---|---|
||At||||Gains and|**At**|
||1 Jan 2023|Income|Expenditure|Transfers|losses|**31 Dec 2023**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Almshouse Branch H|||||||
|P Eliot branch|||||||
|Investment|13,850|-|-|-|1,273|**15,123**|
|Other Investments|7,100|-|-|-|71|**7,171**|
||-----------------------------------------|----------------------------|----------------------------|--------------|----------------------------|**-----------------------------------------**|
||20,950|-|-|-|1,344|**22,294**|
||=========================================|============================|============================|==============|============================|**=========================================**|
||At||||Gains and|**At**|
||1 Jan 2022|Income|Expenditure|Transfers|losses|**31 Dec 2022**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Almshouse Branch H|||||||
|P Eliot branch|||||||
|Investment|15,672|-|-|-|(1,822)|
**13,850**|
|Other Investments|8,516|-|-|-|(1,416)|
**7,100**|
||-----------------------------------------|----------------------------|----------------------------|--------------------------------|-----------------------|**-----------------------------------------**|
||24,188|-|-|-|(3,238)|
**20,950**|
||=========================================|============================|============================|============================|============================|**=========================================**|
|**Unrestricted funds**|||||||
||At||||Gains and|**At**|
||1 Jan 2023|Income|Expenditure|Transfers|losses|**31 Dec 2023**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Almshouse|650,473|31,749|(35,244)|-|-|**646,978**|
|Hall & Church|||||||
|Cottages rental|835,420|40,336|(16,477)|-|-|**859,279**|
|Extroadinary repair|||||||
|fund Investment|13,708|-|-|-|825|**14,533**|
|Almshouse Branch erf|||||||
|Investment|52,434|-|-|-|-|**52,434**|
|Investment Income|-|6,742|-|-|-|**6,742**|
||-----------------------------------------|----------------------------|----------------------------|--------------|----------------------------|**-----------------------------------------**|
||1,552,035|78,827|(51,721)|-|825|**1,579,966**|
||=========================================|============================|============================|==============|============================|**=========================================**|
||At||||Gains and|**At**|
||1 Jan 2022|Income|Expenditure|Transfers|losses|**31 Dec 2022**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Almshouse|677,944|24,657|(52,128)|-|-|**650,473**|
|Hall & Church|||||||
|Cottages rental|809,920|38,651|(13,151)|-|-|**835,420**|
|Extroadinary repair|||||||
|fund Investment|16,631|-|-|528|(3,451)|
**13,708**|
|Almshouse Branch erf|||||||
|Investment|52,022|-|-|1,934|(1,522)|
**52,434**|
|Investment Income|(1,330)|3,928|-|(2,462)|(136)|
**-**|
||-----------------------------------------|----------------------------|----------------------------|--------------------------------|-----------------------|**-----------------------------------------**|
||1,555,187|67,236|(65,279)|-|(5,109)|**1,552,035**|
||=========================================|============================|============================|============================|============================|**=========================================**|
**- 13 -**
## **The Pople’s Charity**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2023**
## **15. Analysis of net assets between funds**
||**Unrestricted**|**Restricted**|**Total Funds**|
|---|---|---|---|
||**Funds**|**Funds**|**2023**|
||**£**|**£**|**£**|
|Tangible fixed assets|1,399,310|-|**1,399,310**|
|Investments|70,222|22,294|**92,516**|
|Current assets|115,890|-|**115,890**|
|Creditors less than 1 year|(5,457)|-|**(5,457)**|
||-----------------------------------------|-----------------------------------------|**-----------------------------------------**|
|**Net assets**|1,579,965|22,294|**1,602,259**|
||=========================================|=========================================|**=========================================**|
||**Unrestricted**|**Restricted**|**Total Funds**|
||**Funds**|**Funds**|**2022**|
||**(Restated)**|**(Restated)**|**(Restated)**|
||**£**|**£**|**£**|
|Tangible fixed assets|1,401,433|-|**1,401,433**|
|Investments|66,142|20,950|**87,092**|
|Current assets|87,803|-|**87,803**|
|Creditors less than 1 year|(3,343)|-|**(3,343)**|
||-----------------------------------------|-----------------------------------------|**-----------------------------------------**|
|**Net assets**|1,552,034|20,950|**1,572,984**|
||=========================================|=========================================|**=========================================**|
**- 14 -**