Cliarily I'eqislratloi) IiuiiibÈi' 1110896 WOODCOCK CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 VVL)ODC.OCI< LHARI"fABL.L "fRUST I_￿.GAL AND ADMINISTRATIVE INFORMAfioN Ti'ustees M N WoocJcocl¢ S M Woodcock R J Waodpi)('.Ii A M Woudcock Charity i)umbei' 1110U96 Principal addre.s% 3 l_incoln's Inii fields Londo WC2A 3AA IndGP8nd6nt ex3mli)•Y CiliDen W&lls Charterecl A¢counlanis Devonshiro Hous8 1 Devon5h118 Stre81 London W1W50R Bankers C. Hoare & Co 37 Fleet Slreel London EC4P 4DQ WOODCOCK CHARI'fABLE'fRUST CONTENTS Page Iiuslees, I'eport Independonl examlner's report Slalemenl of financial activities Statemenl of linandal posilion Notes to th8 financial st8temènls VVOUDL'OCK LHARI I ARI_E -I-RUS'I TRUSTkES' REPORT roR fNE YEAR ENDED 5 APRIL 2023 Tl)e Irusl¥es pr¥ts¥nl Iheii. ns require delerral ol the amount. Income lax recoverable In relalion to donations reLeived under Gifl Aid or deeds of covenant Is recognisea al the lime ol the donailon. Leoacle5 are recognls8d on r8C8lpl or oth8Nise if the charity has been notified ol an irnpending di51rtbulion. the amount 15 knoi¥n. and receipt is expected. 11 the amounl is not known, Ihe legacy is treated as a conlhgenl 8S8el. WOODCOCK GHARI"I"ABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 5 APRIL 2023 Accounting poli¢ies Icontinuedl 1.5 IxpetiditiirÈ Ixpendiluie is reeogni ed once. Iliere. is a legal or conslrur.livo obligalion to Ir￿nsI￿r economic beiie.fit lo a the obligalK>n cali be ￿leaS￿l"ed reliafjly. rxpLJndilLIIE is Llassilied by aclivily The costs ol @ap.h LILtivily al'e Inade up ol the total ol direct cus15 and sl)ared costs. including siippoi'l costs involve(l in undertakin Jr 8aLh aclivily. Direcl cosls 2t11ibula￿e lo a single aclivily are allocalecl directly to Ihal a¢livily. Sliai'ed costs whicli coiilribu18 lo more than one aLlivily and suppai-l costs which are nol allribulable lo a single activity al'e <2pporlioned between Iliose activilics on a basis consislenl willi the use ol resources. Cenli'al slall cosls are 8llocal&d on Ilie basis ol lime spent. and depi'8cialion charges are allocated on Ilie portion ol Ihe asset's use. 1.6 Cash and cash equlvalents Cash and cash equivalpnls in¢lude cash in hand, deposits held al call wllh bank. BaslG fln2I?clal assets Basic lin¥ncial assels. which includè olher receivables and cash and b3nk balances, are inib'ally measui'ed al Iransaction price including transaction costs and are subsequently carried at amoriised ¢osi usino the erfeclive Interest melhod unless the ai'rangemenl conslllules a financing Iransactioii, where Ihe Iransaclioi) is measur'ed at Ilie present value ol Ihe fulure receipls discounted at a markel rale of interesl. Financial assels classified as receivable within one yèar are not amortised. Basic fNnancial liabililies Basic financial liabilities, includin9 olher payables arp inilially re¢ognised al transaction pi'ice uiiless the arrangement conslilules 8 financing transaclion, where the debt inslrumonl is measured 81 Ihe PTesenl value of the lulure payments discounted ol a m8rk81 r8t8 of interest. Financial liabilities classffisd a5 payable within one year are not atnotiised. Debt instruments are subsequently carried at amorlised cost, using the eff8Ctlv& Interest rate method. Trède payables are obligations lo pay for goods or services Ihat have b88n acqiiir8d in the ordinary course ol operations from suppliers. Amounts p8yable are cla55ilied as cun'enl liabilili8s if payment is due M4lhin one year or less. 11 not, Ihey are presented as non-eurrenl Ilabililies. Trade payables are I'ecognised inltially at transaction price and subsequently rneasuied at ainottised cost using the effe¢live interest rnethod. DereGDgnFtlon of Nnancial Ilabllltles Flnanual liabi1ilfes are derecoonised when the Gharily's conlr8clual O￿lgatIonS expire or are dis¢harged or cancelled. Donatlons and legacles Unrestrictèd Unrestricled funds runds 2023 2022 Donations and glfts 250,025 10,000 WOODCOCK CblARITAEILf TRUSI- NOTES I"0 THF FINANCIAL STATkMENTS {CONTINUEDI FOR T14E YEAR ENDED 5 APRIL 2023 Investrnents Uriroslrictpd fiinds 2023 2022 Inleiesl receivable 160 Cliaritahle aclivit1tt5 Total Fund5 Tolal Funcls 2023 2022 Grant funding of aclivilies (see nole 51 Share ol governance costs Isev note 61 205,010 360 1fj.300 360 205,370 11.660 Grants payablL Total Funds To181 Funds 2023 2022 Grants lo inslituiions.. The Alexandra Wylie Tower Foundation Roy C8slle Lung Caiicer Founrjalion Hail & ISC Fundra The Egmonl Tru51 5,010 10,000 1,000 300 200.000 205,010 11,300 Support costs Support Governance 05ts costs 2023Support costs Governance costs 2022 Bank Charges 360 360 380 360 Analysed belween Charil￿ble aclivilies 360 360 360 360 woor.)¢OeK CHARITABLE. fk