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2023-05-31-accounts

TRUSTEES Steven Sheridan
Andrea
Smith
Anthony
Bicknell
lanis Mundelf
Alois Ternal
Deborah
Savill
ADDRESS 65Argyll Street
Ryde
Isle ofWight
PO33 3BY
REGISTERED CHARITY NUMBER 203960
GOVERNING DOCUMENT Deed ofTrust dated 10September 1891
INDEPENDENT EXAMINERS Bright Brown Umited
Chartered
Accountants
Exchange House
St.Cross Lane
Newport
Isle of1Mght
PO30581
BANKERS Uoyds TSBBank PLC
35 Union Street
Ryde
Isle ofWight
PO33 2HL

Unr strrcted E~ Total Total
Funds Funds 2023 2022
E 6 f 6
RECEIPTS
Maintenance
charges
28,681 28,681 25,456
Investment
income
1,059 119 1,178 3,299
Otherlncome 2,268 2,268 770
Donations 500
TOTAL RECEIPTS 32~ 119 32,627 29525
PAYMENTS
Investment
loss
Entertainment
Ught, heat and water 77
Council tax 387
Iftsu rance 1,711 1,711 1,374
Building repairs and gardening 10,412 10,412 7,566
Printing, postage and stationery 280
Subscrfptions 300 300 206
Independent
examiners
remuneration 486 486 462
Professional fees 2,226 2,226 343
Bank charges 60 60 25
Emergency accomodatlon 735
Misc expenses 167 167 76
Gifts and grants to indivi dusk 480
15 rr52 15,952 12,011
ASSETSAND INVESTMENT PURCHASES
BlackRock charities investment transfer (611) 611
BlackRock charities dividends re-invested
(611) 611
TOTAL PAYMENTS 611 15,952 12,011
NET INCREASE/(DECREASE) IN CASH FUNDS 17,167 (492) 16,675
NET MOVEMENTS IN CASH RESERVES
Cash funds broughtforward 79,174 492 79,666 62,152
Net movement
in reserves
17,167 (492) 16,675 17,514
CASH FUNDS CARIED FORWARD 96~1
The notes on page 6form part ofthese accounts.

Unrestricted Unrestricted
Funds Funds
2023 2022
f f
CASH FUNDS
Current account 52,175 36,677
COIF charities deposit account 598 585
United Trust account 10,819 10,423
63+92 47,685
Current Current
Value Value
f f
I
VESTlltlENT
ASSETS
BlackRock Charities Charishare Common Investment Fund Accumulation
Cydica
I maintenance
fund
Extraordinary repair fund
General fund 27,678 27,029
Permanent
endowment
5,072 4,953
32,750 31,982
Current Current
Value Value
f f
ASSETSRETAINED FOR THE CHARITY'5 OWN USE
Land together with six almshouses and offices (market valuation 2021) 735,000

Transfers
As at Incoming Resources Between Asat
01June 2022
f
Resources
f
Expended
f
Funds
f
31May 2023
f
MOVEMENTS IN FUNDS
UNRESTRICTED FUNDS
General fund 79,174 32,508 (15,341) 96,341
DESIGNATED FUNDS
Cydical Maintenance Fund
Extraordinary
Repair
Fund
TOTAL DESIGNATED FUNDS
TOTAL UNRESTRICTED FUNDS 79,174 32,508 (15,341) 96,341
RESTRICTED FUNDS
Permanent
Endowment
492 119 (611)
TOTAL FUNDS 79,666 32,627 (15,952) 96,341