The Woodclyffe Almshouses Trust
C harity Commission No: 204467
Annual Report of the Trustees for the Year ended 31[st] December 2021
Trustees/Constitution/Organisation
- At 31[st] December 2021, the Trustees were as follows:
Rev’d John Cook – Chairman Neill Pitcher – Property/Survey Dr Mark Puddy – Medical Adviser Maryam Akhtar - Hon. Treasurer Gavin Dunbar – Building Maintenance Colin Lewington - Building Maintenance Jane Batting - Social/Welfare Lis Butler – Hon. Secretary
Colin Lewington agreed to become the Trustee responsible for Building Maintenance in anticipation of Gavin Dunbar’s retirement.
- Graham Adlington continues as Warden of the Almshouses.
Meetings
3 The trustees’ meetings were held on 24th March by Zoom, 23rd June, , 29th September and 8th December. All other meetings were held in a normal manner.
- 4 The Residents Liaison was held on 8th December 2021. There were no issues
Residency Matters
- Weekly maintenance and heating charges were increased on 1[st] April 2021 to £113 for Flat 6 (single occupancy), £119 for double occupancy for three flats and £107 for single occupancy for the other four flats.
Health, Safety and Fire
- Fire precautions. Fire instructions are well displayed in the Almshouses.
Building Works and Maintenance
-
The trustees continue to invest in a programme of upgrading both the individual flats and the common parts and exterior of the building. The quinquennial survey continues to guide work that is undertaken to maintain the building.
-
2 -
Finance
-
Income for the year was £49,722 and expenditure £65,775
-
Paul Worthington was re-appointed as Independent Examiner to the Trust
Lis Butler Honorary Secretary
24th September 2022
| WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD ENDED 31st December 2021 | ||||||||||
| Comparison 2020 | 2021 | |||||||||
| RECEIPTS | ||||||||||
| Investment Income | ||||||||||
| 2,020 | Central Board of finance | 2,091 | ||||||||
| 45,793 | WeeklyMaintenance Charge and Heating | 45,861 | ||||||||
| Donation/ Other | 1,770 | |||||||||
| 47,813 | 49,722 | |||||||||
| PAYMENTS | ||||||||||
| 890 | Water Rates | 2,749 | ||||||||
| 1,352 | Insurance | 1,384 | ||||||||
| 0 | Refurb Flat 8 | 0 | ||||||||
| 4,890 | Repairs - CMF items | 18,947 | ||||||||
| 5,649 | Routine Maintenance | 15,660 | ||||||||
| 2,765 | Garden Maintenance | 1,526 | ||||||||
| 9,000 | Transfer to Fund(CMF)/ M&G ERF Investment | 15,000 | ||||||||
| 0 | LESS Withdrawal from Fund(CMF) | 0 | ||||||||
| 24,546 | 55,266 | |||||||||
| 94 | Fire extinguisher maintenance & Smoke alarms | 329 | ||||||||
| 970 | Electricity | 1,122 | ||||||||
| 5,087 | Gas | 5,549 | ||||||||
| 894 | Telephone(Forestcare) | 1,209 | ||||||||
| 1,100 | Honorarium - Warden | 1,100 | ||||||||
| 0 | Subscription NAA | 489 | ||||||||
| 0 | L&P Fees | 0 | ||||||||
| 330 | Window Cleaning | 275 | ||||||||
| 162 | Miscellaneous Expenses | 435 | ||||||||
| 8,637 | 10,509 | |||||||||
| 126 | Contribution to Shares in NAA CIF(ERF) | |||||||||
| Interest receipted to COIF Deposit | ||||||||||
| 33,057 | 65,775 | |||||||||
| 14,756 | Surplus(deficiency)of Receipts over Payments | -16,053 | ||||||||
| Balance at Bank 1st Jan 2021 | ||||||||||
| 19,641 | Santander Current Account | 34,269 | ||||||||
| 14,754 | Add/Deduct Surplus(Deficiences)of Receipts overpayments | -16,053 | ||||||||
| 126 | Less: Interest receipted to COIF deposit | |||||||||
| 34,269 | 18,217 | |||||||||
| Money returned from D&M Kitchen | 2,500 | |||||||||
| 34,269 | Income statement reconciled to bank | 20,717 | ||||||||
| Balance at Bank 31st December 2021 | ||||||||||
| 34,269 | Current Account | 20,717 | ||||||||
1
Year End 2021
| WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year Ended 31st December 2021 | |||||||||||
| Comparison 2020 | 2021 | ||||||||||
| CYCLICAL MAINTENANCE FUND(CMF) | |||||||||||
| (Invested in COIF Charities Deposit Fund) | |||||||||||
| 46,847 | Balance at beginningofyear | 55,974 | |||||||||
| 9,126 | Amount added during year | 5 | |||||||||
| - 0 | LESS repairs charged against fund | - 0 | |||||||||
| 55,973 | Balance at end ofyear | 55,979 | |||||||||
| EMERGENCY REPAIR FUND(ERF) | |||||||||||
| (Invested in accumulation shares in NAA CIF) | |||||||||||
| - 0 | Amount added during year | - 0 | |||||||||
| ASSETS OF THE TRUST at 31st December 2020:- | |||||||||||
| Land and Buildings (consisting of 8 dwellings) vested in the | |||||||||||
| name of the Oxford Board of Finance. | |||||||||||
| Fixtures and Fittings | |||||||||||
| 1,521,239 | Present Insured Value | 1,566,876 | |||||||||
| Investments:- | Market Value | ||||||||||
| Investment Fund of the Central Board | |||||||||||
| of Finance of the Church of England | |||||||||||
| 67,456 | 3519 shares@2338.67 | 82,298 | |||||||||
| EmergencyRepair Fund - National Association | |||||||||||
| of Almshouses Common Investment Fund | |||||||||||
| 143,680 | 1553.03 | accumulation shares@ | at 9,251.57 143,680 |
||||||||
| Cyclical Maintenance Fund - invested in | |||||||||||
| 55,973 | COIF Charities Dep. A/c | 55,979 | |||||||||
| 267,108 | 281,957 | ||||||||||
| Balances at bank asper attached | |||||||||||
| 34,269 | receipts andpayments account | 20,717 | |||||||||
| WATrustBal.xls | |||||||||||
1
Charity nLrmber 204467 The Woodclyffe Almshouses Trustees. Report and Unaudited Accounts 31 December 2021 Woodwhite Accountants Ltd CharteredAccountants Unil 4. City Limits Reading Berkshire RG6 4UP
The Woodclyffe Ajmshouses Trustees, Report and Unaudiled Accounts Contents Page Independent Examiner's RetNJrt Statement of Financial Activities Balance Sheet
Independent Examiner's Report ¢0 the Trustees uf the Woodclirffe Almhouse Trust, Wgrgrave.
Chdrity No: 204467.
I repon on the accounts of the Trust for the year ended 31 December 2021, which are attached
Res
ective res
onsibilities of trustees examiner
The chariry's trnsiees are responsible for ihe prcparaiEOn of the accounts. The C1111Y,S tThstees
consider thdt an audit is not requii'ed i.or ihis year under section 144 of the Charities Act 2011 (the
Charities Act) and ihat an independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the Charities Act.
to follow the procedures laid down in ihe gcIieral Directions given by the Charity
Commission under section 145(5)(b) of the Charities Aci- and
to stale whether particular matters have come io my auciilion.
Basis uf inde
endent examiner s re
ort
My Lxaiiiinaiion carried out in accordance wilh the generdl Dircciions given by the Charity
Commission. An examination includes a review ot- Ihe accounting rec4)rds kept by the charity and a
comparison of the accounts presented with ihose records. li also includes consideration of any
unusual items or disclosures in thc accounts and seeking explanarions from you as trllstces
concerning
WOODCLYFFE ALMSHOUSES TRUST. WARGRAVE RECEIPTS AND PAYMENTS ACCOU14T F(%¢ THE PERk)D ENCED 31st DNber 2021 Com son 2020 21 RECEIPTS Invesimenl Income 2,020 CentrgA Boar(J offirw 45.792 WeeY tenanCe Chge ar Heat¥ 2.091 45.861 1.770 4712 PAYMENTS 890 Water Raies 1.352 1rt8uraDr 4.891 Rews. CMF items 5.649 Rou¢e Mamtewce 2.765 Gafden UainEenan¢e 9.000 Traler to Fund ICk4Fy M&G ERF Inve¥bl O LESS Imrn {CMFI 24.547 49.722 2.749 18.947 13,160 1,526 15.( $2,766 329 1.122 5.549 1,209 970 Eknliiuty 5.087 Gas 894 Telerth IFore5trarel 1.1(K) Htwrarium. War(Jen O Subs¢rpkn N O Lega & preSS1 Fees 162 MLdLpnews Expen5e5 275 435 8.637 10 gwes in W CIF {ERFI 126 Int8rastreceiW to COIF Detmxit 10.509 33,058 14.754 Balance ai Bank 1st Jan 2021 SantsThJer Curreni A¢ciwnl 19,641 14.754 126 34269 -13.547 Les5.' Intewi rece¥Aed to COIF de[ Balance at Bank 31st O•c•mbw2021 X269
WOODCLYFFE ALMSHOUSES TRUST. WARGRAVE Year Ended 31st December 2021 Comparison 2020 2021 CYCLICAL MAINTENANCE FUND ICMFI (Invested in COIF chareS Deposit Fund) Balance at beginning of year Transfer lo Fund ICMFI Interest LESS repairs charged againsl funL1 Balance at end of yEar 46,847 55,973 126 55,973 55.979 EMERGENCY REPAIR FUND IERFI Ilnvested in accJJmulation shares in NAA CIFI Amount added during year ASSETS OF THE TRUST at 31st Deceml*r 2021:_ Land and Buildings (consisting of 8 (Iwellingsl vested in the name of the Oxfoid Board of Finance. Fixtures and Fittings 1,521.239 Present Insured Value 1,566,876 Investments... Markel Value Investmeni Fund of the Central 803rd of Finance of the Church of England 6T.456 3519 sha$ @ 2338.67 82.298 Emergency Repaw Fund- National Associaknc ol Almshouses Common Investment Fund 1703.162 accumulation shares é al 10.470.35 143,680 178.327 Cyclical Maintenance FurKI- invested in 55.973 COIF Charities Dep. Alc 267, 108 55.979 316.604 Balances at bank as per attached ipts arKI payments account 34,269 20,717 WATrusiBal.x