2023-03-31-accounts - The Charity Of Jane Wright

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Report ofthe Trustees			3-6
Statement ofTrustees'	Responsibilities
Independent Bxaminer's Report
Statement ofFinancial	Activities
Balance Sheet			10
Notes to the Ptnancia1	Statements		11-20
Almshouses Income and Expenditure		Account

STATEME	NT OFFINAN	CIA	L AC	IVITIES F	ORTHE FINANC —	ORTHE FINANC —	IAL YEAR ENDED 3	IAL YEAR ENDED 3		MARCH 2O	23
					Designated		funds—
					Cyclical	Extraordinary
				General	Maintenance		Repair			Total	Total
			Notes	Fund	Fund		Fund	Bndowmeut		2023	2022
					8			f.		f,
INCOME AND ENIIOWMENTS			FROM:
Charitable activities;
Contributions from residents				70,415						70,415	73,163
Investments			2	32,774						32,774	32,6'03
Total income and endowments				103,189						103,189	103,766
EXPENDITURE	ON!
Charitable expenditure:
Almshouses			4	44,343			89,511			133,854	47,118
Grant maldng	and other
charitable activities			3	22,710						22,710	43,951
Raising funds. '
Investment	management	fees		1,449	304		582	6,845		9,180	10,093
Total expenditure				68,502	304		90,093	6,845		165,744	101,162
Net gains/(losses)	on investtnents		8	(14,519'1	(3,185)		(6,075)	(80,858)		(104,637)	(12,632)
Net income/(expenditure)				20,168	(3,489)	(96,168)		(87,703)		(16'7,192)	(8,028)
Transfer between	funds		12	(117,798)	11,044	106,754
Net movement in	funds			(97,630)	7,555		10,586	(87,703)		(167,192)	(8,028)
Balance brought forwar61 at
1 April 2022				224,353	46,779		66,951	1,112,889	1,450972		1,459,000
Balance carried forward at
31March 2023				126,723	54,334		77,537	1,025,186	1,283,780		1,450,972

		Notes		2023		2022
FIXEDASSETS
Tangible Fixed Assets					146,290	146,290
Heritage Assets Investments					1,098,596	1,311,513
Total Axed assots					1,244,886	1,457,803
CURRENT ASSETS
Other debtotx			4,764			4,403
Prep@ments Bank			3,209 47,521			2,406
Total cturent assets			55,494			6,809
LIABILITIES:Amounts	faging due
within one year		9	16,600
NET CURRENT ASSETS I(LIABILITIES)					38,894	(6,831)
NET ASSETS					1,283,780	1,450,972
The funds ofthe charity
General Pund
Designated Funds:					126,723	224,353
Cyclical Maintenance	Pund	12			54,334	46;779
Extraordinary Repair Fund		12			77,537	66;9S1
Endowment		13			1,02S,186	1,112,889
TOTAL CBARI1TFUNDS		14			1483,780	1,450,972
These ftnancial statements	were approved by the	trustees on	2nd November	2023,

				2022
Gmnts payable Institution grants (relief inneed) Miscellaneous individual grants			5,000 9,349	29,314 6,996
Support costs allocated: Clerk's salary Ik stationery		costs	5,242	5,091
Other costs
Governance costs —seeNote 11			3,119	2,550
			22,710	43,951
			2023	2022
			g
Included in Institution	gnmts:
Home Start			3,OOO
Restore York Ltd			1,500	3,000
Bhnd Yettsttns UK			500
York College StGeorge's RCPrimary School Teenage Cancer Trust lvlySight Age UKYork York Childcare				15,000 5,000 3,000 2,000 1,000 551
Clifton Children's Centre				40
Hob Moor Children's	Centre			(277)
			5,000	29,314

ALMSHOUSES EXPENDITURE	ALMSHOUSES EXPENDITURE
			2023	2022
				6
Repairs and maintenance			7,740	4,932
Heat and light			1,964	3,322
Premises insunmoe Cleaning and gardening			1,765 1,585	1,660 '852
BeIndependent			5,141	5,141
TVlicence			15	23
Gifts and Christmas vouchers			600	650
Legal fees and consultancy			720	2,160
Subscription s Communal Room costs			500 736	462 593
Advertising vacant fiat			363
Vacant flat expenses			1,814	2,839
Release ofprovision forBeIndependent		services		(12,554)
Residents' entertaining				23
Suppolt costs allocated Clerk's fees inoludlng	stationery		20,969	20,364
Indemnity insurance			408	408
Sundry expenses			23
			44,343	30877
Cyclical mtdntenance fund Extraordinary repair fhnd	—repairs —repaus		89,511	16241
			133,854	47,118

				Designated fbnds-	Designated fbnds-	Designated fbnds-
				Cyclical	Extraordinary
			General	lvlaintenance	Repair			Total
		Notes	Fund	Fund	Fund		Endowment	2022
				8	8
INCOME AND ENDOWMENTS		FROM:
Charitable activities:
Contributions ftom residents			73,163					73,163
Investments			32,603					32,603
Total income and endowments			105,766					105,766
EXPENDITURE ON".
Charitable expenditure:
Almshouses			30,877		16,241			47,118
Grant making and other
charitable activities			43,951					43,951
Cost ofraising funds:
Investment management	fees		1,777	484	387		7,445	10,093
Total expenditure			76,605	484	16,628		7,445	101,162
Net gains/(losses) on investments			(2,382)	291	(1,872)		(8,669)	(12,632)
Net incomel(expendtture)			26,779	(193)	(18,550)		(16,114)	{8,028)
Transfer between funda			(15,893)	9,864	6,029
Net movement in funds			10,886	9,671	(12,471)		(16,114)	(8,028)
Balance brought forward at
1April 2021			213,467	37,108	79,422	1,129,003		1,459,000
Ilalance carried forward at
31March 2022			224,353	46,779	66,951	1,112,889		1,450,972

				2022
	Balance as at 1 April 2022		1,311,513	1,312,522
	Dividend income dh interest		40,399	31,715
	Net gatns / (losses)		(104,63'/)	(12,632)
	Withdrtnvals		(140,000)	(10,000)
	Charges		(9,179)	(10,092)
	Balance as at 31March 2023		1,09S,596	1,311,513
	All the Qxed asset investments	are held in the UK.
9.	LIABILITIES:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2022
	.Trade creditors
	Accruals		15,626	9,227
	Residents' contributions received in advance (Note 10')		974	976
	Bank overdrait			3,437
			16,600	13,640
10,	DEFERRED INCOME
			2023	2022
	Balance as at 1 April 2022		976	1,740
	Aruount released to incoming Deferred iq the year	resources	(976) 974	(1,740) 976
	Balance as at 31March 2023		974

		Bxtraotdinary	Cyclical
		Repair	Maiutenanoe
		Fund	Fund
Balance as at 1April	2022	66,951	46,779
Resources expended		(90,093)	(304)
Unrealised investment gain/(Ioss)		(6,074)	(3,185)
Realised Investment	gain/ (loss)	(1)
Transfers &om General Ftmd		106,754	11,044
Balance as at 31March 2023		77,537	54,334

ANALYSIS OFNET ASSETSBET	WEEN FUNDS
	Unrestricted	Designated	Endowment	Total
			8	8
Current year
Tangible fixed assets.			146,290	146,290
Investments	205,627	14,073	878,896	1,098,596
Outstanding transfers	(117,798)	117,798
Current assets	55,494			55,494
Cunent Liabiliges	(16,600)			(16,600)
	126,'723	131,871	1,025, 186	1,283,780
Prior year
Tangible fixed assets. Investments	236,788	108,126	146,290 966599	146,290 1,311,513
Outstanding transfers	(5604)	5,604
Current assets	6,809			6;809
Current Liabilities	(13,640)			(13,o40)
	224,353	113,730	1,112,889	1,450,972

						2022
						6
INCOME
Contributions from residents
Maintenance					69,695	72,173
Gas and Electricity					720	990
					70,415	73,163
Clerk's salary and stationery		costs		20,969		20,364
Repairs and mnevsals				7,740		4,933
Heat and light				1,964		3,322
Premises insurance				1,765		1,660
Cleaning and gardening				1,585		852
Residents' &e,security	snd	support	systems	5,141		5,141
Release ofprovision for support services						(12,554)
Gifts, outings and Christmas		vouchers		600		6'75
TVlicence				15		23
Subscdptfons				SOO		462
indemnhyinsuranca				408		408
Legal and professional	fees			720		2,160
Communal Room expenses				736		592
Advertising vacant flat				363
Vacant flat expenses				1,814		2,839
Sundry expenses				23
					44,343	30,877
SURPLUS ON ORDINARY ANNUAL ACTIVITIES					26,072
ANNUAL CONTRIBUTIONS TO			REPAIR FUNDS
Cyclical Maintenance Fund				11,044
Extraordinary Repair Fund				6,754
					17,798	15,893
NET SURPI,US TO GENERAL FUND					8,274	26,393