Wlnchostsr Baslc8 Bank (a company limited by guarantee) Report and Financial Statomonts Yr •ndlng 311t D•C•Mr 2023 Charity number. 1102470 C(xnpany number. 05005690 Content8 Pago(8) Report of the director8 Report of thè Independent Examiner 10 Statement of Financial Activitss 11 Balan Strfftt 12 Notes to the accounts 13-19
Ylinchester Basi Bank Report of tho dlrectors for th• y•ar ending 3141 DK•mber 2023 The truste88 present thair annual directors, report ther with the finan(ial statements of Wlnchester Basics Bank for the year ending 3111 December 2023. The finan¢lal statements have been prepared for the company as a going ¢on¢em on the basis set out in Note 1 to the accounts and under the accounting policies set out in Note 2 (see pages 13 and 14). The directors have taken advantage of the exemptions applicab to small companies including: not being required to have a statutory audit. not being required to include statement of cash flows with the financial statements. not being required to anatyse and report income and expenditur8 on a detsiled activtty ba81& As totsl income for the p8riod exceeds £250,OLX), the company is required under charity law to have either an audit or an indep8fKlent examination of ts accounts by a qualified per80n. The Board appolnted K.J, Stratton of Kimball Smith as its Indepencknt examiner in 2023, Th58 dlrectors, report includes th• trustees, annual raport inforniatlon a8 r8qulred under charity law. l. Background and Purpo•• Wlnchest•r Basic8 Bank (WBB) wovld88 food, hygiene prtsJuct8 arKI clothing to individua18 and famllies in emergency need. It aims to make appropriate resources avallable to the maximum number of people at their polnt of greatest need. Founded in 2004, it is an ecum8nical Christlan registered charity. Set up by the ¢hurthes ba80d in V¥lnchester and with the support of Winchester Clty Counul. Our purpose Is to act as a resource for Feople facing a difficult situation in their1fv88 and struggllng to make ends meet, perhaps because of delayed benefft payments or a major household cri818. In recent tlmes the impact of the Covi&19 pandemlc and thè cost of living crisis have caused significant drfficulties for many. I14BB 18 entirely noTriudgmental in that helps anyone that needs urgent support. The range of people who are served is wlde, from Indivlduals. to hou8eholds with children and lo elderly pe. ft also Includ88 Tefugeas and asylum seeker8 as and when required. WBB make8 a vital contribution to the relief of hard8hip and 80 8UPPOrtS 80cial coheston in the communty armd in thts way provides public benefrt. Tradltionally clients are referred to Vl4BB through referral agents such a8 Winchester Cty Council Housing Department. Hampshire County Council Social SeThices. Citizens Advice, Trinity Centre, local houstng 8S80ciatioM and Igcal chaiitable groups, thurches, doGtor3' surgeries, probation officer5 and heafth visitors. These referral agents issue online voucher8 to people they know who are in urgent emergency need, and these vouchers are exchanged at VI+BB for &days of food and hygiene produGts plus articles of dothing when required. In addition, as a resum of the pandemic, it bvas decided in 2020 to Set up a self-r8ferral process whereby people who have never used our Services tefore could reach us directly. Thls ha8 proved to te an effective Yrdy of reaching more dients in the communty so the directors decided in 2021 to adopt it as a permanent process. WBB also supports otherfood bonks and food pantries in the surrourKling are8 food donatlons.
Wlnchester Baslcs Bank l Facilities 11. Maln Donatlon 8ortlng & Storngo Sfto This site in Wnnall, opened in March 2021. is where the maj'ority of focrfj and clothing donalions are delivered to WBB. SuTtable space is available to correclly sort the items and store them efficiently. Adding this facilty has had a transformational impact on the rest of WBB by allowing us to dedutter our dient-faang IoGal Food and Clothes Hubs aThl as a resutt improve the quah'ty of the Interaction with our dients due to the extra Spa available for discussion. We are continually reviewing our warehouse arKI logistical operations to ensure that we Can operate efficiently and manage the recent volume increases in activty. 2.2. Food Hub• We have 4 Food Hubs where dients collect food at the following locations: Highcliffe.. Milland Road Bar End.. Vineyard Churth Weeke: St.Bam8ba8 Church Alr88ford.' St.Gregory'8 Church At least one 0ftrse hubs is open every day belwwn Morthy and Friday. All of the f<Jod hubs are aqulpped to enable our cllents to choose many food item8 for them8elves. Clients often comment on how this helps to makè the experionce of using our service more pFeasant and more similar to visitiNJ 8 shop. It also mean8 that Ouf Staff arKI volunteers are able to accompany the client for longer during their visit thus enabling a better relationship to develop. Tr aim 16 always to make the client feel comfortable in our operating . hubs which in some G88e8 h88 allowed syn[811 of dlents to other local 8UPPOrt service8. 2.3. Clothu Hub• We have 2 hubs where clients access dothe8 at ts foll1n9 locatlorffj: High¢liffe.' Milland Road - adult clothing • Bar End.. Vlneyard Churd) - full rang8 of adutt & thildren's clothlng Adult clothe8 can be 8elected by client8 when tsy visit the Mi118nd Road hub to Co1¢t food where the space allocated forthls has been enlarged du8 to the d8duttering mentioned above. Any Indwldual or hou8ehold that requires additsonal dothing CAn access this at the Vineyard hub where a wide range 18 available induding thildren's iiem6 such as cots, prams and toys, Thi8 18 by appointment only to respect ts privacy required for the cllent. 14. Eloctric Van Following a signfficant donation, WBB was abl8 to purchase a small electric van in 2022. The main purpose of Ihe van is to deliver food crate8 from our warehouse Sbte to the hubs on a regular basis, 88 such ts distances involved are strKxt so an electric vehicle is ideal. 3. Services 3.1. Cllent numbers 2023 proved to be a record yearfor Client numberswith 7,004 food parcels given out compared to 5.282 during 2022, and increase of 33%. The number of food parcels given out has grown year on year in recent times and a further increase ts forecast for 2024.
Winchester Basks Bank There was a marked increase in dient numLEr5 in the second half of 2022. mirroring the cost of living crises that hit the county. wÉih this trend cntinUIng through 2023 8rKI into 2024. As an emergency servi, our general tule is to limit the number of vouchers per cllent in a 12-month period. This limit was raised to 8 vi8it8 during the pandemic remains at this level. Most dients onW need our support over 2 - 3 visits. For those who vtsit more often and especially those who reach the maximum level of 8 visits, we signpost them to other support services or to our partner food pantries in StanmorB a1 Wnnall. We have recently introduced a scheme whereby rf the maximum tevel of 8 visits is reached, we provide a voucher for a visit to a partner food panty a8 a way of introducing the dient. 3.2. Schooh Proprnmmo Our School Holiday Lunch Stheme for Pupil Premlum chiklren are referred to US by local schoo18 was expanded in 2021 to indude addFtlonal familles who needed support. This scheme conllnued throwJh 2023. 3.3. Dollvorles lo ClIts Our dellvery seNlce, set up during the pandemlc for dlents who needed to18olat8 or physlcalty could not get to one of our food hubs to lleCt, ha8 now been estsblished as a pern)anent 8érvlce. It 18 dear that it 18 helping us to improve our reach into tha community a8 around 20% of all food p8rcel8 are linked to a delivery. 3.4. 8lgnpo8tlng Our self-8ele¢tion proce88 has woved to be useful in developing morn interaction wlth our clients as they are always accompan by a volunteer when they s8cl their food item8, which allowg conversatiorts to more ea8ily flow. During these conversations we can make helpful suggostions and suggest atternative wovider8 of lupport eg Citizens Advice. We also have an 'Olher Services. page on our web8rte to provide infomation and links to appropriate 6UPPOrt services. 4. Partn•r8hlp wlth Local F¢Jod Pantr1•• In 2022 we 8et up PartrhiP agreements With the Iwo food pantries based in WInCter at The Carroll Centre, Stanmore and Unrt 12, Wnnall. Anyone needing ongoing help with aeSSing food Can Slgn up at one of these pantries and pay £5 per weekto choose a minlmum of £15 worth of food. This service compliments that given by WBB very well and enables our dients to move to a dSfferent18vel of longer term 8UPPOrt. If required. after they have had thelr emergency help. As part of these agreements we have committed to wovlde food in bulk from our donation site n a weékly basts. This support has helpecl these pantries to becom8 sustainable charrtable entities. 6. Futuro devolopm•nts In addiiion to having the flexibtlty to cope with inw8ed client numbers. our main focus is on improving the quality of our client interactions. We continuously strive to remove the stigma Some potential clients can feel in approaching a foodlclothing bank and to make WBB a friendly place vthere helpful and relevant support can be accessed.
Winchestsr Baslcs Bank Churches, Corporates, Charities and ind5viduals in our communty continue to be very penerous in their givtng of time. food and finance5. are extremBty grateful for this supi)Drt without which none of our steps to improve our ser41S would be possible.
Winchester Basics Bank Financlal rnvlew 2023 2LY22 Monetsry donakn, Mt and Inte81 139,895 1W2,787 163.2(r2 178,923 Total Incom 303,097 371.710 Mon•tary expendihw•- un(estr¢tsd 1n,543 98,539 Donated goods gfven out 164,874 179.515 Totat eypendliurn 337,417 278,054 Nel sUrplu{defi¢It) Monetary (32.648) 94.248 ocated good$ (1.672) 15921 Net Incowollexpendliure) (34.3201 93,656 FurKls at 31* Lknber Unrestr1 9[81 funds 380.544 413,192 Dsted and re8tri#ed funds 27,018 28.6gN) Totsl lunds 407.W2 441,882 IrÈcome reduced during 2023 as the benefit of fundraising Campaigns duriThJ the pandemic continued to ta'l off and Ihe impaQ of the cost of Ilving uises on household and corporate budgets had a negattve effecl on donations. Total monetary income of £139,895 (2022 - £192,787) - representing Churches 8% (last year ), bu$inessetJ charities 130h (last year 33%) and individuals including assocAated Gift Aid 73% Oast year ). Monetary donations were received from a combination of private individuats, lool church communities, schools, IorAI businesses and local charities. We also r1ved gfft aid (directly or via CAF, and Stewardship). interest from cash deposts arKI a small amount of rental income.
Winchester Basics Bank We are very gratefvl for the continued finan(xal support of Wnchester and the surrouThling communities for our activities. Vve are blessed to be in 8 heafthy financial situation and therefore able to consider irnprovinglbroadening our services particularly as a function of the increased need arising from higher infiation within the economy. We now have £322,718 (2022 - £382.631) in the bank ar cash in hand. These funds will enable us to meet the needs of ow communty well into the futur@. Total monetary expenditure in the year was htgher at £172,543 {2022 - £98.539) mostly due to the co8t of purchasing food to supplement food donations, and investment in staff - turther details of other costs are provided in Note 3 to ts a¢unIs. A donation of £5,000 wa8 also made to the Carroll Centre to support the Food Panty there. Histoiically much of the provision to faGilitate our service wa8 in nd arKI therefore the cash costs of operations were lower and in effect understated in true value temis. Investment contlnues to be made to make the operat50ns more effKtent. safer arKI scalat. The net deficit for the year was £34,320 (2022 surplus . £93,656). comprising a n8t monetsry deficSt of £32,648 (2022 surplus - £94,248), plus a net defleAt of £1,672 (2022 - net deficit of £592) on donated goods, representing a small increase in donated goods and voucher stock 8t the year end. The dlrectors. Wicy 18 to airn to hold unre8tri(ed Monetary funds as a re8erve of at lea8t SIX months of operatlng c08ts (which now equate8 to approximately £85,000), plu8 funds for Investment in the future 8UStainable provision of services to meet the needs of the community. The total of unrestricted general funds at 31a December 2023 exceeds this level as the Board consider the future 8trategy investment opportunitie8. It 18 Board'8 policy to utlllzo th9 Unrestricted Funds in th8 short to medium term to Support the level of activity belrg experienced. This policy will be reviebved regurty. The fair-value c08t of dongted goods received in the year was £163,202 (2022 - £178,923) net decrease of The main rea80ns for this decrease is the pressure on household budgets generated by the 'cost of living. crisis. We also increased the amount of food we purchased to complement thi8 U8ing cash dorlon3 received and re8erves. Food donations are recelved from a variety of 8ource8.' thero are regular col*tion points at many local churc, 8upermatknts and other locations. Th18 is supplemented by occaslonal colledons from local businesses, churches and sthoots. Rather than manage a large donation arourKI the tradrtional Harvest FestNal period we have developed a scheme to 8pread these donations through the year. This also enable8 US to request the items thal arn low in stock at drfferent wlnts in the year. We would like to glve a huge thank you to all those individuals and Orglsati0rffj who have helped us during the year through grfls of food, ¢lothing, cash and time. These organisation8 Include supemiarkets such as Sainsburys, C(w arKI Waitr08e. We also purchase fresh food weekly from Faresha. In 2023 have continued to attract and retsin new volunteers which has helped cope with demand and reptace Some volunteers who needed to withdraw for a variety of reasons. We are hugely grateful for thelr work. In totsl we are supported by over seventy volunteers who donate very generously of their time and skills, many of which have been doing so for a great number of years. Our volUntrS transport food collected at supennarkets and other donation Sttes to our bulk sorting and Storage site and food hubs as well as to individual cliant households as part of our delivery sepiice. They also sort and store the food as well as serving our cltents with food and clothing at the hubs. Wrthout our ynderfUl volunteers y woukl not be abfe to prDvlde our $eriFces.
Winchester Basics Bank nchester Basics Bank is a charitabte company fimrted by guarantee without share capiial. It was incorporated on V January 2004 and registered as a charity on 4th March 2004. It is govemed under its Aiticles of Association arKI was established under a Memorandum of Association that sets out the oLy'ects and powers of the charitable Company. These documents were updated in 2020 wth the help of the Hampshire County Counctl legal team. The members of the Board of Trustees, who are a180 Director8 and m8mber8 are elected at the AGM to seNe for three years, subj'ect to ratification at each AGM. The directors of the charitable company {the charity) are its trustees under chanty law. Direclor8 are selected from local churches and fri)m the wider local communlty. The mernber8 of Wnche8ter Basics Bank are guarantty3 of the company to an amount not exceeding £1 w per80n In the event of winding Lp. The board of directorn nomalty meets every two months to review the operatlon ofthe char5ty, considerldecide upon investments ond to agree policies and procedures. Reports from the Operations Manager and the TreasurBr arB Tewewed and update3 given by the Chair 8nd directors on any refevant Spedfic agenda item8. In addition, 8 Strategy Meeting18 nomally held onco per year to di8¢U8$ and set tho dlTection for the coming p8n'ods. Declsion making Is the respon8ibilrty of the board. Contact detai18 for th8 charlty are 8et out on the Wnchester Basks Bank web81te (thwH.winchesteTba51c8bank.org.uk).
Winchester Basics Bank Name of charity. Basics Bank Charity registration number. 1102470 Company registratron number. 05005690 Registered off and princlpal place of busines8.' 21a Penton Place, Milland Road Winchestsr S023 OPZ The directors (trustees and members) at the erKI of 2023 were a8 follow8: Lesley Littl Mike Wthitehead Mary Alveyn David Baru10MtW Paul Breakwell Beauman Chong Leona Mani Julie Wells Tery Martin Lucy Dillon Director and Chair (fr(Im September 2023) Director and Chair (until September 2023) Director Director and Company Settetsry (until August 2023) Director and Treasurer (frea8urer until Juty 2023) Direclor Director Director (untll January 2023) Director and Treasurer (from July 2023) Director (from July 2023) and Company Se• (from August 2023) Patron: Davld Innes OBE President: Dean Catherine Ogle Independent Examinw, K.J. Stralton - Kimball Smlth Bankers: Santander 119 High S( Wnchester S023 gAS Depo8rt accounts al8011 vith RBS. Virgln Money (until July 2023) and .d0M Bank None applicable. Approved by the Board of Diredor8 on arKI signed on its behalf by: Lesley Little, Th'rec*¢x arKI Chair
Inchester 8aslcs Bank Report of the Indent Examlner to the truste88 of nCheSter Baslcs Bank I report to the thanty tru*ees on my examination of the accounts of the c4)mpany for the year ended 311t December 2023 as set out on pages 11 to 19 (indudrng notes to the accounts). Responslblllties and basls of r•port As the Charity trustees of the company (who are also the directors of the Company for the purposes of company Izw), you are nSible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Acr). Having sats'sfied myself that the accourts of ts company are not required to be audited for this year under Part 16 of the 20r Act arKI are 81ible for independent examlnation, I report In res¢1 of my examination of your Charty's aCunts as Carried oul under section 145 of the Chariti'es Act 2011 (Ihe 2011 Acf). In Carryi out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. Independent •xamlMrf8 Statsmant I hav8 Completed my examination. I confim that no material matter8 have come to my attention which glve me cau86 to believe that.. accounting record8 were not kept In accordance with section 386 of the Companies Act 2006., or the accounts do not accord with 8uch record8', or the accounts do not comply with relevant accounting requirements under 8ectlon 396 of the Companies Ac# 2008 other than any requirement that the accounts give a Yrue and fair view which Is not a matter con8thred a8 part of an independent examlnatlon; or the account8 have not been prepared in accord wilh the Charitios SORP (FRS102). I have rbo concem8 and have come across no other mattern in COnrdI0n wrth the examination to which attention should be drawn In th18 report In order to enabla a proper under8tarKllng ol the accounts to be reached. Signed by.. As 8wned by Date: 19 5 . 5. Name: Kenneth John Stratton FMAAT 6195080 Address.. clo Kimball Smilti Brewery House High Streot Tvryford Winchester S0211RG io
Wlnchester Basics BaTrk Statement of Flnanclal ActEvltle8 (including Summary Income and Expenditure Account) for th• y•ar ondlng 3111 Deewthr 2023 2022 Total funds In¢om• Donatn8 DonatK)ns and gits 120,644 120,844 180,115 Gift Aid direct givsng 11,479 11,479 10,882 163,202 183,202 178.923 Other Income Interest and ront 7.772 1,790 Tot81 incon 303,097 303,097 371,710 Expondlturo Charllable activlt*s Donated goods gfven out 184,874 164,874 179.515 FareSh8rn fo88 1,906 2,174 Food Pured e6,079 71.079 19,409 35,997 50,594 50,594 40,959 Totsl 8xp8nditurn 337,417 337.417 278,054 Incomol{dofi¢lt) for th• r•portlng porfod (34.320} (34,320) 93.656 Transfers between fund8 10. Not movomont In funds (34,320) 134,3201 93,656 RencIlIaOn of lund• Totsl funds brought forward 10. 441.857 25 441,882 348,226 Totsl funds carried fopAwd 10. 407.537 25 407,562 441.882 li
Winchester Basics Bank Balance Sheot at 31st DK8mbor 2023 2022 25.420 32.377 Curr•nt as•0ts Stock8 27.018 28.690. Debtor8 and prwmerrt• 33.393 21,771 Cash at bank and In hand 322,718 362,631 Total curront a68ets 383,129 413,093 Credllors: amounls lalllrKJ duè wfthln OM year 3,5B7 382.142 409,505 Tot•1 a••ots IM• curr•nt Mablllll•• 407,562 441,882 Funth frf th• Chlty 10. 25 25 Unr88tri¢tod funds 10. 380.519 413,167 Donated gcM)ds fund Ifalr value) 10. 27,018 28.890 Tot81 funds 10. 407.582 441,882 The company is entitled to exempkn from audii under section 477 of the Companies Act 2006 relating to small companie8. The members have r1 required the company to oblain an audit in accordance with Section 476 of the Companies Act 2006.
Winchester Baslcs Bank The directors aCknowge their responsibilities for complying wrth the requirements of the Companies Act 2006 wtth respect to accounting records and the preparation of acc()unts. These a¢¢ounts have been prepared in accordan with the provisions applicable to small ¢ompani88 subj8Ct to the small companies regim8 and in accordance with Charities SORP (FRS102). These financial statements were apprDved by the Board of Diredor5 on I ' Its behaff by.. and are Signed on Mrs Lesley Little. Director and Chair The notes to the accounts on pages 13 to 19 fom part of these financial statements Notss to the accounts 1. Basis of preparation These accounts have been prnpared on 8 90ing concem basis und8r the historical cost convention with items recognised at cost or transaction value unless otherwse stated in the relevant note{s) to these accounts. b. The accounts have been ppared in accordance wtth the Charities Statement of Recomm8nded Practice (FRS 102). second edition- October 2019 and with the Charitie8 Act 2011 and with the Companies Act 2006. c. The charlty constitutes a wblic benefft entty as defin8d by FRS 102. d. UnrestrFCted ncome fuThJs exceed twelve months of operating costs and so the Directorn conclude that the charity is a going concern. e. The accounts present a true and fair view and changes have been made to the accounting policies. f. The value of donatsd goods for distributlon to beneficiaries, predominantly food, groceries and toiletries, has been included in these accounts as required by Chartties SORP (FRS102), exLppt for item8 of immaterial or unc*rtain value such as dothing. 2. Accounting policies a. Income is generally recognised and Mded in the Statement of Finanaal Activities (SOFA) when the chaiity becomes entitled to the resour and it is more likely than not that the tNstee8 will receive the resources and the monetary value C4n be measured with sufficient lIabIlity. b. There has been no offsetting of assets and liabilities. or in)Me and exnses, unless required or pemitted by the Charities SORP or FRS 102. c. Grants and cash donations are only included in the SOFA when the general criteria for recognition of income are met. d. Gift AKY receivable is included in income en there is a valid dedaration from the donor. Any Gift AKI amount Covered on a donation is considered as part of that gift and is treated as an addition to the same fund as the inibal donation unless the donor or the temis of the appeal have specified ¢)therwise. Donated goods are measured at fair value Un$$ impractical to do so. The cost of stock of goods donated for distribut¢on to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they a recognised on receipt. In the rep)rting period in which the stocks are distributed they are recognised as an expense at the carying amount of the stocks at the time of distribution.
Winchester Ba8iC8 Bank
f. The value of voluntary help receNed is not included in the accounts Ixrt Is described in the
dlTector5' report (hcorporat'ng the TrusteBS' annual rewt).
g. Intwest income is included in the accAxJnts when receipt is probth and the amount rec8ivable
C8n be measured relf8bly.
h. Expenditure is re
Wlnchester Basics Bank b. Other costs Equipment fixiures arKI deFKecialK 10,167 TrAn8POrt eynses 1,723 Sundry OF*rating cts 2.780 Rent & rates 24,858 Postage and stattonery 131 Computer consumables 251 547 In8uRn¢e 2.128 2.815 Prof888ional fee8 1.496 Web81ts Tr8lning 2,929 434 T•l•phong 1.023 1.149 Erwgy 742 Tolal other costs 40.959 Equipment in 2023 r•lates mainly lo full year of depreaation on Electric van. warehou80 trolley8 and frtting out of hub8 and warehou8e. 2022 relate8 malnly to new frldge8. for fittlng out our hub8 and depreciation. 4. Taxatlon Th8 charity ts exempt from tax on Income and galns to the extent that tlN88e are applled for It8 charitable purposes. No tax liabilrties or charges hav8 arisen in the period. 5. Fixed A8set8 During 2022 we purchased an electri¢ van, ¢08ting £32,583, which is used for collections and d8liverle8 Within our netsyork. This Is belng depreated over five years with £6,517 charged dur- ing 2023 (£1,086 charpj during 2022). Durlng 2020, a dothes store wa8 crealed at a c¢)sl of £2,2C¥) (£2,200 last year). This is to be de- preGiated over five years and therefore £440 (£440 last year) of annual depreciation has been provlded for. The net book value at Dec 2023 is £440 Oast year £880), and accumulated depred- ation is £1,760 (£1.320 last year). Is
Wlnch•¥ter Ba8lcs Bank 6. Sto¢ks 2022 OwiNJ stock value 28,890 29,282 R8celv¢d in pw 163.202 178,923 Expensed in per {184.8741 (179,515) CID51n9 Stock value at 31• Dec8ffl)èr 27,018 28,690 Oth•r than the Stock of donated good8 and prepaK1 voucheTr. the charity does not hold any material value of 8tock8. 7. Debtor5 and prepayments as at 318t Deceml)er 2023 2022 Donatlon8 in transbt Gift Aid raclaim 30.028 18,5(KJ Rent deFosIt 3,115 3,115 Prepayrnts 250 Tolal debtor8 33,393 21,771 8. Cash at bank and In hand as at 31* D•c8mb8r 2022 322.418 381,487 Cash at bank and on hand 1,144 Total 322,718 3S2,631 16
nchester Ba•ics Bank 9. Creditors and a¢uuals Amounts falllng due wlthin one year a$ at 31st Decemt 2023 2022 Grant defwrnl 3,588 Total 3,588 There were no credltorn f811iNJ dt aftw moro ono year at either 31 Decomber 2023 or 2022. 17
Wlnchester Basics Bank 10. Fund movemerrts F1 fin¥J,919 26 lunds 318.919 192.787 8.5391 413.187 Dorthd goodl fun& 21282 178M3 1179.515) 371.710 1278.0541 441.857 T1 ¢**tylyr#J• 371,710 f278,0541 441.882 b•l•n¢• 2S 2S Unr••trtthd 414167 139.895 11ll.5431 300.519 1164.8741 27.018 441,857 303.097 rJ37.417) 407.537 TotAI ¢harltyfuTh 3.097 1337,41TI 407.J62 18
Winchester Basics Bank 11. Transactions with trustees and related parties None of the trustees have been patd ary remuneration or Tlved any other benefits from an emOyMent wtth the charity or a related entity. b. No trustee expenses have been incurred or paid. c. There have been no related party transactions in the reporting wiod. 19