## **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 

1. 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. 

2. 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 

5. 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 

6. Fire precautions.  Fire instructions are well displayed in the Almshouses. 

## Building Works and Maintenance 

7. 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 

9. Income for the year was £49,722 and expenditure £65,775 

10. 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<br>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||||
|||||||||||||
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|WATrustBal.xls||||||||||||
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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 C1￿111Y,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 <U]y such mallcrs. The procedures under￿kell do not provide all the evidence that would
be rquired in an audit and consequenily no opinion is given as to whether the acci)unis present a
'true and fair view, and the rep)rt is limited to those matters sei out in the sthtement below.
Inde
endent examiner's statement
In connection with iny examination. no matter has Come io my atlention=
( l) which gives me reasonable cause io bclievc thai in any material respect the requircments-
io keep accounting records in accordance with section 130 of the Charities Act- and
lo prepare accounts which aLcoid with ihe acLounting records and Lomply with the
accountftng requircments of the Charities Aci
have noi been mel. or
(2) to which, ID my opinion. attentlon should be drnwn in order to enable a proper understanding of
Ihe accounis 10 be reached.
Signed
Name.. Paul Andrew Wonhingion ACA ACMA ATh (Fellow) CTA
Relevani professional qualification or b(xly'. Insiituie of Charter¢d Accountants of Eng>land and
WalLS IICAEW)
Address.. Woodwhire Accountants Ltd. Unit 4 City Limits, Danehill. Reading, Berkshire RG6 4UP
Date.. 24 March 2022

WOODCLYFFE ALMSHOUSES TRUST. WARGRAVE
RECEIPTS AND PAYMENTS ACCOU14T F(%¢ THE PERk)D ENCED 31st D￿Nber 2021
Com
son 2020
21
RECEIPTS
Invesimenl Income
2,020 CentrgA Boar(J offirw
45.792 Wee￿Y ￿tenanCe Ch*ge ar￿ Heat*¥
2.091
45.861
1.770
47￿12
PAYMENTS
890 Water Raies
1.352 1rt8uraDr
4.891 Rews. CMF items
5.649 Rou¢￿e Mamtewce
2.765 Gafden UainEenan¢e
9.000 Tra￿ler to Fund ICk4Fy M&G ERF Inve¥b￿l
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 & pr￿eSS￿￿1 Fees
162 ML*dLpnews 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 char￿eS 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