2023-09-30-accounts - The Reverend Dr Thomas White's Charity

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Contents	Page
Legal and Administrative Information
Report ofthe Board ofTrustees	3-5
Independent Examiner's Report
Statement of Financial Activiges
Balance Sheet
Notes forming part ofthe Financial Statements	9-12

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				Forth	e year end	ed 30th Septe	mber 2023
						Unrestricted	Designated	Total	Total
						Funds	Funds	Funds	Funds
								2023	2022
Incoming					Note
Investment Income					2	362	33,694	34,056	36,306
Income Resouces	from Charitable			Activities		96,880		96,880	87,937
Donations									400
Total Income						97,242	33,694	130,936	124,643
Expenditue
Charitable Activities
—Direct Staff Costs						16,410		16,410	15,500
—Other Charitable	Activilies		Costs			58,640		58,640	61,148
Governance Cosis						10,165		10,165	10,324
Cost of Generating	Funds					8,567		&,567	8,763
Total Expenditure					3	93,782		93,782	95,735
Net Income						3,460	33,694	37,154	28,908
Realised Gains/(Lasses)		on investment					9,019	9„019	899
Unrealised Gains/(Losses)			on investment				16,248	16,248	(115,471)
Net Income/(Expenditure)					4	3,460	58,961	62,421	(85,664)
Transfers between	Funds
Net Movement in	Funds					3,460	58,961	62,421	(85,664)
Reconciliation of	funds
Total funds brought	forward					1,079,889	375,069	1,454,958	1,540,622
Total funds carried forward					10	1,083,349	434,030	1,517,379	1,454,958
All activities are continuing			in nature

				2023	2022
Fixed Assets			Note
Tangible Assets				98,3&0	98,380
Investments				1,386,336	1,335,877
				1,484,716	1,434,257
Current Assets
Debtors and	Prepayments			11,075	8,871
Cash at Bank				31,133	18,527
Cash in Hand				98	36
				42,306	27,434
Liabilities:	Amounts	falling due within one year		(9,643)	(6,733)
Net Current	Assets			32,663	20,701
Net Assets				1,517,379	1,454,958
Represented	by:
Unrestricted	Funds			1,083,349	1,079,889
Designated	Funds			434,030	375,069
			10	'l,517,379	1,454,958

2)Incoming Resources	2)Incoming Resources		Unrestricted	Designated	Total	Total
					2023	2022
Investment Income
—Investment Portfolio				33,694	33,694	31,369
-Grays Lane and Essex Estates			0		0	4,896
Bank and Deposit Interest			362		362	41
			362	33,694	34,056	36,306
3)Resources Expended
Charitable Activities
- Direct Staff Costs					16,410	15,500
- Other Charitable Activities Costs
Resident's Gifts					2,398	1,500
StThomas Day and Midsummer		expenses			1,994	2,253
Bad debts					2,526	3,860
Insurance					4,497	4,272
Telephone					1,731	1,678
Planned Maintenance					26,313	33,249
Repairs and Maintenance					1,482	328
Garden Marntenance					5,788	3,906
Gas, Electricity and Water Services					7,649	5,263
Cleaning and Cleaning Materials					1,880	1,851
Equipment					698	0
Council Tax					1,525	2,506
Emergency Call Out	Charges				0	330
Miscellaneous Property Costs					159	152
					58,640	61,148
Governance Costs
Administration costs					8,238	8,126
Examiner's Fees					35P	330
NAA Subscription					293	282
Stationery, Postage and Advertising					461	345
Miscellaneous Admin	costs				823	1,241
					10,165	10,324
Cost ofGenerating	Funds
Stockbrokers Fees					8,567	8,763
					8,567	8,763
Total Resources Expended					93,782	95,735
4) Net Movement in	Funds
					2023	2022
Net movement in funds is stated		after charging:			6
Independent Examiners Fees					350	330

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7)Investments
a) Investment Portfolio (held	with Smith	&Williamson)	2023	2022
Opening market value			936,166	1,013,936
Acquisitions at cost			163,672	148,726
Sale proceeds from disposals			(129,748)	(129,235)
Gain/(reduction) ofcash held on deposit			(8,731)	3,077
Gain/goes) on revaluation			(1,15S)	(101,237)
Realised Gains/(Losses) on investment			9,019	899
investments at market value			969,222	936,166
No II/laterial Investments were	held at the year end
Historical cost at 30September 2020was 5863,784
b}Investment (held with COLA Investment	Management	Limited)	2023	2022f
Opening market value			399,711	413,945
Additional Accumulated Units	- at cost		0	0
Gain/(loss) on revaluation			17,404	(14,234)
Investment at market value			417,115	399,711
Total Investments at market	value		1,386,337	1,335,877
Summary ofRealised Gains/(Losses)			2023	2022
Realised Gain/(Loss) on Investment Porlfolio {Note 'a' above)			9,019	(899)
			9,019	(899}
Summary ofUnrealised Gains/(Losses)			2023	2022f
Unrealised Gain on Investment	Portfolio ('a'	above)	(1,155)	(101,237)
Unrealised Gain on Investment	fb' above)		1T,404	(I4,234)
			16,249	(115,471)

8)Debtors and	prepayments	prepayments
Amounts falling	due within one year						2023	2022
							8	F
Debtors							6,296	703
Giber debtors and		prepayments					4,781	8,168
Bad debt provision								0
							11,077	8,871
9)Creditors
Amounts falling	due within one year						2023	2022
							6
Giber creditors							3,153	3,307
Accruals							2,403	1,865
Sad debt provision							4,087	1,561
							9,643	6,733
10)Movement	in	Funds
			Opening	Incoming		Transfers	Outgoing	Closing
			Funds	Resources			Resources	Funds
Unrestncted Funds
-General Reserves			412,175	97,242			(93,782) Note 3	415,635
Revalualion Reserve			667,714					667,714
Designated Funds
—Redevelopment		Fund	375,069	58961	Notetat			434,030
TotalFunds			1,454,958	156,203			(93,782)	1,517,379