Registered Charity Number 201913 NEW WINDSOR MUNICIPAL CHARITIES Unaudited financial statements for the Year ended 31st March 2023
New Windsor Municipal Charities Independent Examlner's report to the Trustees of New Windsor Munlclpal Charltles I report on the accounts of New Wifidsor Municipal ULarities Ithe Charity) for ihe year ended 31st March 2023, which are set out on pa8es I to 4. Responsibillties and ba$ of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Act'l. I report in respect of my e¥aminaiion ol the Trust's accounts carried out under settion 14S of the 2011 Act and in carrying out rny examination I have followed all the applicable Direttions 8iven bythe Chariiv Cornrnls5ion under section 14515llbl of the Act. Indèpèndènt èxamlhèrfs ststemènt I have completed my examinatlon. I confirm thai no materlal matten have come io my attention In connection with the exarnination givinB me cause to believe that in any material respect." 1. 8ccouniing records were not kept in respect of the charity as required by Section 130 of the Art.. or 2. the accounts do not accord with those records. I have no concerns and have come ocross no other motters in connection with the extsmin•tion to whl¢h attention Should be drawn in thi5 report in order io enable • proper undeistaThdin8 of the a¢countS to be reached. Nell Beaton Neil 6eaton & Co. Janda, The Frlary Old Windsor SL4 2NR Date.. 21 June 2023
New Wind50r Municipal Charitie5 RECEIPTS AND PAYMENfs ACCOU General Er¥Jowment Fund Total Recelpts Alrnshou5e rents and 5eNce charle5 Investment income Bank interest Mlscellaneous Income 139.396 16.490 294 1,505 IS7.68S 139.396 16,490 130,893 14,708 L505 157,685 1.228 145.835 Total receipts Payments nnin Staff costs Qffice and adrnini5tratlOn Costs 20,523 18,590 13,133 27.116 36.928 116.ml 20.523 18.590 13,133 27.116 36.928 116.290 19,587 20,395 11,435 25,520 27,956 104,893 General maintenance Extraordinary maintenance rnan Accountoncy and Examlner's f¢es 771 771 930 105,823 117.061 117,061 BlackRock Charltle5 UK Bond Fund COIF Investment Fund shares CAF UK Equlty 8 Incorne Shares 20,(*JO 20,( 20,Cfj) 20,W) 20,000 20.OOCI 60.000 177.061 Total Payments 177.061 105,823 Net recelptsllpaymentsl Cash funds ai 31st March 2022 Cash lunds at 31st Maich 2023 119,3761 136.802 117,426 119,3761 136,802 117,426 41.012 95.790 136.802 The notes en pa8e5 3 ond 4 form part of these actounis.
New Wind50r Municipal Charities TATEMENT At 31st March 2023 ET AND LIABILME General Fund Endovmient Fund Totsl Nthe Cash funds Balance5 at bankers and rash in h4nd 117.426 117.426 136.802 OthÉr monetary assrts Debtors and prepayments 3,927 3.927 5.654 Investment assets Unit trusts at market value 9C*S,945 906.945 875,819 Assets retalned for the tharlty'5 LSwn use Almshouse property 533.553 629,740 1.163.Z93 1.163.293 Creditors ènd accruals 5.724 5,724 3.423 Net asset ¥alue ot 3151 March ZOZ3 1.556,127 629,740 2,185,867 2,178,145 Appfo¥ed by the trustees on 12th lul¥ 2023 and 48ned en thelr bth•lf by.. G J 8arlew rrustee C.M.A.Slmon FCA Trustee The note50n page5 3 and orm part of these accoun
New Wlndsor Municipal Charities NOTES TO THE ACCOVNTS l. Basi$ of preparation These accounts have been prepared as Recelpts and Payments Accounts under S.133of th Charitie5 Act 2011. 2. Fund accounting The charity maintalns varlou5 types of fund5 asfdlow5= G•nèril luThrestricledl funds.. General lunresirictedl funds represent resourceswhich are expendable atthe disc of TrustÉÈs in thÉ furtherante of tht obièrts of the thbnty. Permanent Endawmtnt fund.. Funds granted for the speufic purpose of acqulring the Almshouse property. Subsequent additlons and Smprovements have been ld fo¥ from general funds. 3. Staff cost5 Salarie5 ènd wagès Pen51on costs 20.107 416 19,189 398 20,S23 19,587 4. Extraordlnèry malnten•nre Exterior decorating Refurblshment olone flat In5ta11otlon ol Ilghtnln8 conductor Ricarpeiin8 ¢tsmmon areas L4.211 12.676 10.041 24,631 3,325 27.956 36,928 5. Almshous• piop•rty Cost It 1st Aprll 2022 ènd 2023 1.163.293 The Almshouse property is owned freehold and Is a Ilsted building. 11 is m•iThtai*ed to a high standard. The trustees believe that the property h•$ J ¥•lue at least equal to the èccumulated cost Shown above and, therefore, depreciation is not provided in respect of either the land or the bvlldlne.
New Wind50r Municipal Charities THEA r ended 31st Ma¥ch 2028 6. Investment5 The origlnal ¢05t of 50rne of the Investments 15 unknown. The costsshown are for more recent addition5 tothe investment portfolio. Holdin Cost 31.3.202 Market value 202 2022 BlackRo¢k Charities UK 8ond Fund units COIF Investment Fund share5 CAF UK Equlty Fund Income sh•res 99.067 10,440 109.500 144,( 143,6C 144,525 432,125 146.5L4 149.581 195,372 183.414 158 179.437 LI 521.323 M & G Charitles Common Investment Fund Income unlts Accumulétion units 70.108 62.620 323,002 385.622 906,945 64,415 383 843 875.819