## **The Woodclyffe Almshouses Trust** **C** harity Commission No: 204467 ## **Annual Report of the Trustees for the Year ended 31[st] December 2022** ## Trustees/Constitution/Organisation 1. At 31[st] December 2022, the Trustees were as follows: Rev’d John Cook – Chairman Neill Pitcher – Property/Survey Dr Mark Puddy – Medical Adviser Maryam Akhtar - Hon. Treasurer Colin Lewington - Building Maintenance Jane Batting - Social/Welfare Lis Butler – Hon. Secretary Colin Lewington became the Trustee responsible for Building Maintenance following Gavin Dunbar’s retirement. 2. Graham Adlington continues as Warden of the Almshouses. ## Meetings 3 The trustees’ meetings were held on 22nd March, 7th June, , 4th October and 6th December. 4 The Residents Liaison was held on 8th December 2022. There were no issues ## Residency Matters 5. Weekly maintenance and heating charges were increased on 1[st] April 2022 to £117 for Flat 6 (single occupancy), £123 for double occupancy for three flats and £111 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 £49,992 and expenditure £63,314 10. Paul Worthington was re-appointed as Independent Examiner to the Trust Lis Butler Honorary Secretary 14th September 2023 Charity number 204467 The Woodclyffe Almshouses Trustees, Report and Unaudited Accounts 31 December 2022 Woodwhite Accountants Ltd Chartered Accounlants Unil 4, City Limits Reading Berkshire RG6 4UP The Woodclyffe Amshouses Trustees, Report and Unaudited Accounts Contents Page Independent Examiner's Report Statement of Financial Activities Balance Sheet Independent Examiner's Repi)rt to the Truste¢s of the IVoDdelyffe Almhuu8e Trust, Wargrave. Charitv No: 204467. I rep()rt on the accounts of thc Trnst for the year ended 31 December 2022, which dre attach¢d Res ective rcs onsibilities of trustees and examincr TIIL LIIL2rirN. s Iru%liL.4 are i'espi)11,4iblc lor Ilic pr¢p¢irali()ii ot- tl)C clCLC)uiil4. TIIL cli(11-ily'% Iruslee% Li)ii%ider Ihat illl alidil Is 111)I rcqiiii-LcI tL)r Iliis veL1r iinLler seLti()11 144 of Ili¥ (.'lidrilies ALI ?0 I l {tIIc L'lidriliLb Acll aiid iliLII (Ill Iiidei)endLnl L,Xdll)Illdlii)ii is ne¥ilecl. It 1% iiiy rL%poiisibilily Ii).. exaiiiiiiL Ihc (ICCOUllt% undcr scclii111 145 ()t' tliL C. hThenls Less-. IntÈre$l receipled to COIF deposit 34.289 -13.546 20.717 -13.322 WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE Year Ended 31 gt December 2022 Comparison 2021 2022 CYCLICAL MAINTENANCE FUND ICMFI Ilnvested in COIF Charities Deposit Fund) Balance at beginning of year Transfer to Fund ICMFI Interest LESS repairs charged against fund Balance al end ol year 55,973 55.979 546 55,979 56,525 EMERGENCY REPAIR FUND IERFI Ilnvesled in accumulation shares in NAA CIFI Amount added during year ASSETS OF THE TRUST at 31st December 2022..- LANDAND BUILDINGS Land and Buildings (consisting of 8 dwellings) vested in the name ol the Oxford Board of Finan￿. Fixtures and Fittings 1,566,876 Present Insured Value 2,929,076 INVESTMENTS AND CASH RESERVES Investments'.- Market Value Investment Fund of the Central Board of Finanee of the Church ot England Opening Balance Transfers inlout Unrealised Profil I ILossl In Year 82,298 Closing Balance 3519 shares @ 2066.14 82.298.0 9,590 0 72,708 Emergency Repair Fund - National Associalion of Almshouses Common Investment Fund 1703.162 accumulation shares (i 8110,553.D9 178,327 179.736 Cyclical Mainlenan¢e Fund- invested in 55 979 COIF Charities Deposit Alc 56.525 376.604 308,970 Current AccoLJnt Santander Bank Balance 20,717 6,849 337,321 TOTAL INVESTMENT AND CASH RESERVES 315,819 WATtusiB81.xls Charity number 204467 The Woodclyffe Almshouses Trustees, Report and Unaudited Accounts 31 December 2022 Woodwhite Accountants Ltd Chartered Accounlants Unil 4, City Limits Reading Berkshire RG6 4UP The Woodclyffe Amshouses Trustees, Report and Unaudited Accounts Contents Page Independent Examiner's Report Statement of Financial Activities Balance Sheet Independent Examiner's Repi)rt to the Truste¢s of the IVoDdelyffe Almhuu8e Trust, Wargrave. Charitv No: 204467. I rep()rt on the accounts of thc Trnst for the year ended 31 December 2022, which dre attach¢d Res ective rcs onsibilities of trustees and examincr TIIL LIIL2rirN. s Iru%liL.4 are i'espi)11,4iblc lor Ilic pr¢p¢irali()ii ot- tl)C clCLC)uiil4. TIIL cli(11-ily'% Iruslee% Li)ii%ider Ihat illl alidil Is 111)I rcqiiii-LcI tL)r Iliis veL1r iinLler seLti()11 144 of Ili¥ (.'lidrilies ALI ?0 I l {tIIc L'lidriliLb Acll aiid iliLII (Ill Iiidei)endLnl L,Xdll)Illdlii)ii is ne¥ilecl. It 1% iiiy rL%poiisibilily Ii).. exaiiiiiiL Ihc (ICCOUllt% undcr scclii111 145 ()t' tliL C. hThenls Less-. IntÈre$l receipled to COIF deposit 34.289 -13.546 20.717 -13.322 WOODCLYFFE ALMSHOUSES TRUST, WARGRAVE Year Ended 31 gt December 2022 Comparison 2021 2022 CYCLICAL MAINTENANCE FUND ICMFI Ilnvested in COIF Charities Deposit Fund) Balance at beginning of year Transfer to Fund ICMFI Interest LESS repairs charged against fund Balance al end ol year 55,973 55.979 546 55,979 56,525 EMERGENCY REPAIR FUND IERFI Ilnvesled in accumulation shares in NAA CIFI Amount added during year ASSETS OF THE TRUST at 31st December 2022..- LANDAND BUILDINGS Land and Buildings (consisting of 8 dwellings) vested in the name ol the Oxford Board of Finan￿. Fixtures and Fittings 1,566,876 Present Insured Value 2,929,076 INVESTMENTS AND CASH RESERVES Investments'.- Market Value Investment Fund of the Central Board of Finanee of the Church ot England Opening Balance Transfers inlout Unrealised Profil I ILossl In Year 82,298 Closing Balance 3519 shares @ 2066.14 82.298.0 9,590 0 72,708 Emergency Repair Fund - National Associalion of Almshouses Common Investment Fund 1703.162 accumulation shares (i 8110,553.D9 178,327 179.736 Cyclical Mainlenan¢e Fund- invested in 55 979 COIF Charities Deposit Alc 56.525 376.604 308,970 Current AccoLJnt Santander Bank Balance 20,717 6,849 337,321 TOTAL INVESTMENT AND CASH RESERVES 315,819 WATtusiB81.xls