| Incorporating: | The Twittys Almshouse Charity | The Twittys Almshouse Charity |
|---|---|---|
| The Tomkins Almshouse Charity | ||
| The Abingdon Almshouse and Relief in Need Charity | ||
| The Charity of John Blacknall | ||
| The Charity of Richard Wrigglesworth | ||
| Statutory and other information | ||
| Co-optative Governors | Mr L D King (Master, stood down 31 December 2023) | |
| Mr C Birks (Master, appointed 1 January 2024) | ||
| Mrs G Butt (resigned 1 February 2024) |
||
| Mr T R Ayling (resigned 6 July 2023) | ||
| Mr K W Senior | ||
| Mr S J McCornell | ||
| Mrs J D Kent | ||
| Mrs A Saunders | ||
| Mr S Workman (appointed | 1 June 2023) | |
| Mrs M Evans (appointed 7 | December 2023) | |
| Ex Officio Governors | Rector - Rev Dr E C Miller |
|
| Mayor Cllr Mr A Foulsham | (resigned 1 June 2023) | |
| Mayor Cllr Dr G Lewis OBE (appointed 6 July 2023) | ||
| Nominative Governors | Cllr Mrs M Crick (resigned | 1 June 2023) |
| Mrs G Barody | ||
| Cllr Mrs C Briggs (resigned 1 June 2023) | ||
| Cllr 0 Forder (appointed 7 | September 2023) | |
| Cur T Greenaway (appointed 7 September 2023) | ||
| Emeritus Governor | Mr M W Matthews | |
| Clerk to the Governors | Mrs A Acott | |
| Address of the Chan:y | 4 St Helens Wharf | |
| Abingdon | ||
| Oxfordshire 0X14 SEN | ||
| Principal Bankers | National VVestminster Bank Plc | |
| 11 Market Place | ||
| Abingdon | ||
| Oxfordshire OX14 3HH | ||
| Solicitors | Challenor & Son | Blake Morgan LLP |
| Stratton House | Seacourt Tower | |
| Bath Street Abingdon | West Way | |
| Oxfordshire OX14 3LA | Oxfordshire OX2 OFB | |
| Auditor | Crowe UK LLP | |
| Aquis House | ||
| 4g — 51 Blagrave Street |
||
| Reading | ||
| Berkshire RG1 1 PL |
||
| Investment managers | rvesteo Weath & Investment Limited | |
| 2 Gresham Street | ||
| London EC2V 7QN | ||
| Property managing agents | Orpwood Ltd t!a Adkin OTwood House | |
| School Road | ||
| Ardington, Wantage | ||
| Oxfordshire 0X12 8PO | ||
| Registered Charity Nc | 205112 |
| Long ACey Almshouses | and Hall | 1446 | Grade | I |
|---|---|---|---|---|
| Brick Aliey Almshouses | and outbuildings | 1718 | Grade | I |
| St Helen’s Wharf Almshouse | 1884 | Grade | II | |
| St Helen’s Wharf Office | 1884 | Grade | II | |
| St John’s Almshouses | 1801 | Grade | II | |
| Tomkins Almshouses | & Clock Tower | 1733 | Grade | II |
| Twitty’s Almshouses | 1710 | Grade | Il | |
| Albert Monument (within Albert Park) | 1665 | Grade) | ||
| Conduit House | circa 1500 | Grade | II | |
| Albert Park | Listed Victorian Park | |||
| The Exchequer Room (forming part of the | Church of St Helen, Abingdon) |
| Notes | 2023 | 2022 | |
|---|---|---|---|
| £ | £ | ||
| FIXED ASSETS | |||
| Tangible assets | 7 | 41,486 | 21,508 |
| Investment properties | 8 | 6,983000 | 7,180,000 |
| Investments | 0 | 15)625,841 | 14.739.909 |
| 22,650,327 | 21.941.417 | ||
| CURRENT ASSETS: | |||
| Debtors | 10 | 132,512 | 147,500 |
| Cash at bank and in hand | 998047 | 1,257,297 | |
| 1,130,559 | 1,404,797 | ||
| LIABILITIES: | |||
| Creditors: Amounts falling due within | |||
| one year | 11 | (227,175) | (158,870) |
| NET CURRENT ASSETS | 903,384 | 1.247.927 | |
| TOTAL NETASSETS | 23.553.711 | 231892AA | |
| THE FUNDS OF THE CHARITY: | |||
| Unrestricted funds | |||
| General | 14 | 8,584,929 | 8,429,159 |
| Designated | 14 | 560,733 | 521,437 |
| 9,145,662 | 8,950,596 | ||
| Restricted funds | 15 | 1,446,758 | 1,487,803 |
| Endowmentfunds | 16 | 12,961,291 | 12.750.945 |
| TOTAL FUNDS | 17 | 23.553.711 |
| Notes | Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | £ | ||
| Income and endowments | ||||||
| from: | ||||||
| Donations | 2 | - | 4100 | - | 4,100 | 59,100 |
| Inves:ments | 3 | 668,637 | 44,627 | 4,453 | 717,717 | 696.389 |
| Charitable activities | ||||||
| - contributions from Almspeople | 144,374 | 75,494 | - | 219,868 | 225,012 | |
| Other | 371 | 371 | 1.160 | |||
| Total income and | 813,382 | 124,221 | 4,453 | 942,056 | 983,661 | |
| endowments | ||||||
| Expenditure on: | ||||||
| Ra sing Lnds | 4 | 25,830 | 4,295 | 161,671 | 191796 | 359603 |
| Charitable aóvit es | ||||||
| - Grants payable | 514,038 | 18,739 | - | 532,777 | 319.362 | |
| - Provision of Almshouses | 243722 | 177,232 | - | 420,954 | 281,175 | |
| - Albe’l ParK maintenance | 87.986 | 7.562 | - | 95.548 | 132.535 | |
| Total expenditure | 4 | 871,576 | 207,828 | 161,671 | 1,241,075 | 1,092.676 |
| Net gainsl(Ioss) on investments | 256.054 | 42,562 | 364.770 | 663,386 | (2.491.544) | |
| Net surplusl(deficit) | 197,860 | (41,045) | 207,552 | 364,367 | ||
| Transfers between funds | 14 | (2.794) | - | 2.794 | - | - |
| Net movement in funds | 195,066 | (41,045) | 210346 | 364367 | (2,600,559) | |
| Total fu’cs brought fcrwarc | 8.950.596 | 1,487.803 | 12,750,945 | 23.189.344 | 25,789.903 | |
| Total funds carried forward | 9.145,662 | 1,446.758 | 12,961.291 | 23.553.711 | 23j_89,344 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Net cash used in operating activities (see below) | (926,624) | (801,131) |
| Cash flows from investing activities | ||
| Interest, dividends and rents from investments | 717,717 | 698,389 |
| Purchase of pant and equipment | - | (4043) |
| Purchase offurniture and equipment | (24,797) | - |
| Proceeds from sale of investments | 4,626,583 | 3,123.267 |
| Purchase of investments | (5,321.562) | (2.510.111) |
| Net cash (used in)/ provided by investing activities | (2,059) | 1,307,502 |
| Change in cash and cash equivalents in the year | (928,683) | 506,371 |
| Cash and cash eqvaent brought forward | 1993.241 | 1,485.870 |
| Cash and cash equivalents carried forward | 1.064.558 | 1,993.241 |
| Net income for the reporting period (as per the | ||
| statement offinancial activities) | 364,367 | (2,600,559) |
| Depreciation charges | 4,819 | 4,175 |
| Dividends, interest and rents from investments | (717,717) | (698,389) |
| (Gain)/loss on investments | (663,386) | 2,491,544 |
| Decrease/Oncrease)/ in debtors | 14,988 | (26,846) |
| Increase/(decrease) in creditors | 70.305 | 28.944 |
| •1,—.+ ,....,,..I. • ,,..,.A IICL ..qoII t4001.A III JCIOLIII ac.LIVILICD |
(Out. I5!) | |
| 2023 | 2022 | |
| £ | £ | |
| Cash awaiting investment with investment managers | 66,511 | 735,944 |
| Cash in hand | 537,347 | 314,638 |
| Notice deposits (less than three months) | 460,700 | 942,659 |
| Total cash and cash equivalents (Note 13 & 19) | 1.064.558 | 1,993.241 |
| Office furniture, fixtures and fittings | 20°/s straight line basis |
|---|---|
| Office equipment | 25% straight line basis |
| Park eQuipment | 25% s:raigbt line basis |
| 2. | INCOME - |
DONA | TIONS | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| Funds | Funds | 2023 | 2022 | ||||||
| £ | £ | £ | £ | ||||||
| Conduit House Restoration Grant | - | - | - | 5,000 | |||||
| Fieiding Aims House Legacy | - | - | - | 50000 | |||||
| Aibert Park | - contribution | 4,100 | 4.100 | ||||||
| 4.100 | 59.100 | ||||||||
| 3. | INCOME - INVESTMENTS | ||||||||
| Unrestricted | Restricted | Endowment | Total | Total | |||||
| Funds | Funds | Funds | 2023 | 2022 | |||||
| £ | £ | £ | £ | £ | |||||
| Equity divdends | |||||||||
| and interest | 347,179 | 44,627 | 4,453 | 396,259 | 411,431 | ||||
| Bank Interest | 30,372 | - | - | 30,372 | 12,079 | ||||
| Rents | 291,086 | - | - | 291,086 | 274.879 | ||||
| 668.637 | 44,627 | 4.453 | 717.717 | 698.389 | |||||
| 4. | TOTAL RESOURCES EXPENDED | ||||||||
| 2023 | Direct | Staff | Depreciation | Support | Total | Total | |||
| Costs | costs | costs | costs | 2023 | 2022 | ||||
| £ | £ | £ | £ | £ | £ | ||||
| Cost of raising funds | |||||||||
| investment | managers fees | 66,921 | - | - | - | 66,921 | 69,621 | ||
| Prope’ty costs | 124.875 | - | - | 124,875 | 289.982 | ||||
| 191,796 | - | - | - | 191,796 | 359.603 | ||||
| unaritanie | activities | ||||||||
| Grants Payabie (Note 6) | 516,794 | 11,958 | 723 | 3,302 | 532,777 | 319,362 | |||
| Provision of Aimshouses | 275,006 | 98,729 | 3,614 | 43,605 | 420,954 | 281,l75 | |||
| Aibert Park maintenance | 74,382 | 18,482 | 482 | 2,202 | 95,548 | 132.536 | |||
| Total resources expended | 1.057.978 | 129.169 | 4.819 | 49.109 | 1.241.075 | 1,092.676 | |||
| Support costs included within | |||||||||
| provision | of Almshouses | ||||||||
| Audit | - | - | - | 19,240 | 19,240 | 2I,682 | |||
| Office saiaries | 79,724 | - | - | - | 79,724 | 84,857 | |||
| Office costs | 24,658 | - | - | - | 24,658 | 21,329 | |||
| Professionai fees | - | - | - | 7,850 | 7,850 | - | |||
| Sundry | 3,449 | - | - | 3,449 | 5.933 | ||||
| 107 831 | - | - | 27.090 | 134.921 | 133.801 |
| 4, TOTAL RESOURCES EXPENDED |
4, TOTAL RESOURCES EXPENDED |
(continued) | (continued) | |||
|---|---|---|---|---|---|---|
| 2022 | Direct | Staff | Depreciation | Support | Total | Total |
| Costs | costs | costs | costs | 2022 | 2021 | |
| £ | £ | £ | £ | £ | £ | |
| Cost ofraising funds | ||||||
| Investment managers fees | 69621 | - | - | - | 69,621 | 71,966 |
| Property costs | 289,982 | 289,982 | 91,358 | |||
| 359.603 | - | - | - | 359,603 | 163,324 | |
| Charitable activities | ||||||
| Grants Payable (Note 6) | 301.177 | 12728 | 626 | 4,831 | 319,362 | 235.924 |
| Provision ofAlmshouses | 125.401 | 106,801 | 3,131 | 45,842 | 281.175 | 234,203 |
| Albert Park maintenance | 102.747 | 26.151 | 418 | 3,220 | 132.536 | 109,564 |
| Total resources expended | 888.928 | 145.680 | 4.175 | 52492 | 1.092,676 | 743.015 |
| Suppcrt costs included within | provision | |||||
| ofAlmshouses | ||||||
| Audit | - | - | - | 21,682 | 21,682 | 17,116 |
| Office salaries | 84.857 | - | - | - | 84,857 | 81,131 |
| Office costs | 21,329 | - | - | - | 21,329 | 20,401 |
| Sundry | 5.933 | - | - | - | 5.933 | 2.910 |
| 112.119 | - | - | ,j,,,6&2 | 133801 | 121.558 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Saiariesandwages | 118,113 | 132291 |
| Social security costs | 6,043 | 8,087 |
| Pension contributions | 5.013 | 5,302 |
| 145.680 |
| The average monthly number of employees was as follows: | ||
|---|---|---|
| No. | No. | |
| Almshouses and Almspeople (1 full-time) | I | |
| Albert Park (1 part-time) | 1 | |
| Management and administration (2 full-time, I part-time) | 3 | 3 |
| 5 |
| Total | Total | |
|---|---|---|
| 2023 | 2Q22 | |
| £ | £ | |
| Educational | ||
| Charitable payments for3 (2022:2) individuals | 13007 | 25,200 |
| Charitable payments for 11 (2022:8) educational insttutions | 254.086 | 113.250 |
| 267093 | 138,450 | |
| Relief | ||
| Charitable payments far 31(2022:15) individuals | 31092 | 12,105 |
| Other social institutions 27 (2022: 15) institutions | 205784 | 136,007 |
| 236,876 | 148,112 | |
| John Blacknall Church branch | 12,825 | 14.605 |
| 516.794 | 301.177 |
| Freehold | |||
|---|---|---|---|
| land and | Furniture & | ||
| buildings | equipment | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1 January 2023 | 74,480 | 24,383 | 98,863 |
| Additicns | 24,797 | 24797 | |
| At 31 December 2023 | 74,480 | 49,180 | 123.660 |
| Depreciation | |||
| At 1 January 2023 |
56,510 | 20,845 | 77,355 |
| Charge for the year | 3,670 | 1,149 | 4,819 |
| At 31 December 2023 | 60,180 | 21.994 | 82,174 |
| Net book values | |||
| At 31 December 2023 | 14.300 | 27.186 | 41 .486 |
| At31 December2022 | 17.970 | 3.538 | 21.508 |
| 2023 | 2022 | |
|---|---|---|
| Freehold land and buildings | £ | £ |
| Valuation | ||
| At I January 2023 | 7,180,000 | 6,830,000 |
| Revaluation | (197.000) | 350,000 |
| At 31 December 2023 | 6.983.000 | 7.180.000 |
| Valuer — |
||||
|---|---|---|---|---|
| Vail | ||||
| Valuer | - Adicin | Williams | Total | |
| £ | £ | £ | ||
| Commercial | - | 2095,000 | 2,095,000 | |
| Residential | 3.223,000 | - | 3,223,000 | |
| Agricultural land | 495,000 | - | 495,000 | |
| Freehold land (leased until 2025) | 70,000 | 70,000 | ||
| Freehold land (leased untH 2037) | 1.100.000 | 1,100.000 | ||
| 3,718.000 | 3.265.000 | 6,983,000 |
| At the balance sheet date! the chwity had contracted with minimum lease payments: |
tenants to receive th | e following f |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Not later than one year | 202,599 | 189,185 |
| Later than one year and not later than five years | 288,269 | °! 421 |
| Later than five years | 100,974 | 34.393 |
| 530.999 |
| INVESTMENTS | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Market value at 1 January 2023 | 14,003,965 | 17,458,667 |
| Additions | 5,321,562 | 2,510,111 |
| Disposals | (4,626,583) | (3,123,267) |
| Revaluaton gains | 860386 | (2.841.546) |
| Market value at 31 December 2023 | 15,559330 | 14.003,965 |
| Cash awaiting investment | 66,511 | 735944 |
| Total as at 31 December 2023 | 15,625.841 | 14,739,909 |
| *Historical costs of investments at 31 December 2023 | .i.Qfl%flfl | 10.755.265 |
| The year-end market value is made up as folows: | ||
| UK fixed interest | 881,890 | 931,069 |
| UKequities | 5,091,076 | 7,181,177 |
| Overseas fixed interest | 422,405 | 588,524 |
| Overseas equities | 6,727,469 | 3,807,555 |
| Other assets | 1,501,446 | 1.495.640 |
| Cash and accrued interest | 1.001,555 | 736.944 |
| _Ji62&841 | _t4140.02 |
| DEBTORS | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Trade debtors | 109,869 | l27,335 |
| Prepayments and accrued income | 22,643 | 20,165 |
| 132.512 | 147.500 |
| CREDITORS: Amounts falling due within one y | ear | |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Trade creditors | 58,407 | 32,775 |
| Accruals | 168768 | 124095 |
| 156.870 | ||
| FINANCIAL INSTRUMENTS | ||
| 2023 | 2022 | |
| £ | £ | |
| Basic financial assets | 16,733,757 | 16,124,541 |
| Basic financial liabilities | (227,175) | (156,870) |
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Total | dividend and interest income for basic financial assets | 426,631 | 423,510 |
| Total | gainsf(losses) in respect of basic financial assets | 860,386 | (2,841,546) |
| UNRESTRICT | ED FUNDS | |||||
|---|---|---|---|---|---|---|
| AL! | At31 | |||||
| January | Incoming | Resources | December | |||
| 2023 | resources | expended | Gains | Transfers | 2023 | |
| £ | £ | £ | £ | £ | £ | |
| Designated funds | ||||||
| - extraordinary | ||||||
| repairfund | 521,437 | 8,910 | (1,508) | 14,917 | 16,977 | 560,733 |
| General funds | 8,429159 | 804,472 | (870.068) | 241,137 | (19 771) | 8,584,929 |
| 8.950.596 | 813.382 | (871.576) | 256.054 | (2 794) |
| 15. RESTRICTED |
FUNDS | |||||
|---|---|---|---|---|---|---|
| All | At31 | |||||
| January | Incoming | Resources | Gains! | December | ||
| 2023 | resources | expended | (Losses) | Transfers | 2023 | |
| £ | £ | £ | £ | £ | £ | |
| Albert Park grant | 4100 | (4100) | ||||
| John Blacknall | ||||||
| Church branch | 5,738 | - | (12,825) | 164 | 9,085 | 12,162 |
| Reief in need branch | 460.364 | 20,481 | (7.965) | 13,170 | (19,085) | 466,965 |
| 466,102 | 20,481 | (20,790) | 13,334 | - | 479,127 | |
| Richard Wrigglesworth | ||||||
| Relief in need branch | 112,728 | 4,044 | (6944) | 3,225 | 1,142 | 114,195 |
| Education | 42,106 | 1,494 | (122) | 1,205 | (1,142) | 43,541 |
| 154,834 | 5,538 | (7,066) | 4,430 | - | 157,736 | |
| Abingdon Almshouse | ||||||
| Almshouse branch | 259,142 | 6,256 | (4,003) | 7,413 | (4,652) | 264,156 |
| Extraordinary repair | 216,449 | 3,699 | (625) | 6,192 | 4,652 | 230,367 |
| Relief in need branch | (57,947) | (42) | (9,098) | (1,658) | - | (68,745) |
| 417,644 | 9,913 | (13,726) | 11,947 | - | 425,778 | |
| Tomkins Almshouse | ||||||
| Almshouse branch | 195,857 | 55,712 | (82,514) | 5,603 | (17,656) | 157,002 |
| Extraordinary repair | 114,408 | t954 | (330) | 3,273 | 1,656 | 136,961 |
| 310,265 | 57,666 | (82,844) | 8,876 | - | 293,963 | |
| Twitty’s Almshouse | ||||||
| Alrnshouse branch | 5,323 | 24,238 | (78,915) | 152 | (3,490) | (52,692) |
| Extraordinary repair | 132,798 | 2,270 | (363) | 3,799 | 3,490 | 141,974 |
| Legacy | 837 | 15 | (4) | 24 | - | 872 |
| 138,958 | 26,523 | (79,302) | 3,975 | - | 90,154 | |
| Total restricted funds | 1,487.803 | 124.221 | (207,828) | 422 | - |
| 16. ENDOWMENT |
FUNDS | ||||||
|---|---|---|---|---|---|---|---|
| AtI | At31 | ||||||
| January | Incoming | Resources | Gains! | December | |||
| 2023 | resources | expended | (Losses) | Transfers | 2023 | ||
| £ | £ | £ | £ | £ | £ | ||
| Christ’s Hospital | |||||||
| Permanent | 11,366,538 | - | (144,119) | 325,166 | - | 11,547,585 | |
| Capital recoupment | |||||||
| - OrderA |
187.448 | 3,200 | (2.377) | 5,362 | 2078 | 195,711 | |
| - Order B |
73.294 | 1.253 | (930) | 2,097 | 716 | 76430 | |
| 11,627,280 | 4,453 | (147,426) | 332,625 | 2,794 | 11,819,726 | ||
| John Blacknall | |||||||
| Permanent | 732.469 | - | (9.287) | 20.954 | - | 744.136 | |
| Richard VVigglesworth | |||||||
| Permanent | |||||||
| - General |
123,955 | - | (1,572) | 3,546 | - | 125,929 | |
| - Education |
45,331 | - | (575) | 1,297 | - | 46,053 | |
| 169,286 | - | (2,147) | 4,843 | - | 171,982 | ||
| Abinydon Almshouse | |||||||
| Permanent | |||||||
| - Almshouse branch | 106,890 | - | (1,355) | 3,058 | - | 108,593 | |
| - Relief in need |
|||||||
| branch | 55.472 | - | (703) | 1.587 | 56.356 | ||
| 162,362 | - | (2.058) | 4,645 | - | 164,949 | ||
| Tomkins Almshouse | |||||||
| Permanent | 41.019 | (520) | 1.173 | 41.672 | |||
| Twitty’s Almshouse | |||||||
| Permanent | 18,529 | - | (233) | 530 | 18.826 | ||
| 12.750,945 | 4,453 | (161.671) | 364 770 | 2.794 | 12.961.291 |
| 2023 | Tangible | Investment | Investments | Net current | Total |
|---|---|---|---|---|---|
| Fixed assets | properties | assets | |||
| £ | £ | £ | £ | £ | |
| Endowed | 25,886 | 6,983,000 | 5.949,611 | - | 12,958,497 |
| Restricted | - | - | 1,445,758 | - | 1,446,758 |
| Unrestricted | 15.600 | - | 8.229.472 | 903.384 | 9.148.456 |
| 41.486 | 6.983,000 | 15.625 841 | 903 384 | 23.553.711 |
| 2022 | Tangible | Investment | Investments | Net current | Total |
|---|---|---|---|---|---|
| Fixed assets | properties | assets | |||
| £ | £ | £ | £ | £ | |
| Endowed | - | 7,180,000 | 5,570,945 | - | 12,750,945 |
| Restricted | - | 1,487,803 | - | 1,487,803 | |
| Unrestricted | 21,508 | - | 7,681.161 | 1.247.927 | 8,950,596 |
| 21,508 | _Z.180.000 | 14,739.909 | 1.247.927 | 23,189,344 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| (Decrease)/increase in cash during the year | (928.683) | 506.371 |
| Change in net fjnds | I92&68 | 506.371 |
| Net funds at 1 January 2023 | zL.S93.24i. | 1.486,870 |
| Net funds at 31 December 2023 | 1.064.558 | 1,993,241 |
| Net funds at | Cash | Net funds at | ||
|---|---|---|---|---|
| change | 31 | |||
| January | December | |||
| 2023 | 2023 | |||
| £ | £ | £ | ||
| Cash | at bank and in hand | 314,638 | 222,709 | 537,347 |
| Cash | awaiting investment | 735.944 | (669,433) | 66,511 |
| Cash | deoosits | 942.659 | (481.959) | 460,700 |
| 1.993.241 | (928 683 | 1.064.558 |
| Unrestricted | Restricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | |
| £ | £ | £ | £ | |
| Income and endowments from: | ||||
| Donations | - | 59,100 | - | 59,100 |
| Investments | 618,521 | 72,408 | 7,460 | 698,389 |
| Charitable activities | ||||
| - contributions from Almspeco!e | 125,578 | 99,434 | - | 225.012 |
| Other | 930 | - | 230 | 1.160 |
| Totalincome and endowments | 745029 | 230942 | 7,690 | 983.661 |
| Expenditure on: | ||||
| Raising funds | 34,435 | 6,432 | 318,736 | 359,603 |
| Charitable activities | ||||
| - Grantspayable | 298,029 | 21,333 | - | 319,362 |
| - Provision ofAlmshouses | 206,561 | 74,614 | - | 281,175 |
| - Albert Park maintenance | 69,431 | 63.105 | - | 132.536 |
| Total expenditure | 608.456 | 165.484 | 318,736 | 1,092.676 |
| Net gains/oss on investments | (1.405,467) | (252,558) | (823.519) | (2.491.544 |
| Net stirplus/(deficit,) | (1.26&894) | (197. IQQJ | (1. 134.565) | (2,600.559) |
| Transfers between funds | - | - | - | |
| - | ||||
| Net movement in funds | (1,26&894 | (197,100) | (1,134.555) | (2,600,55Q) |
| Total funds brought forward | 10.219.490 | 1.684,903 | 13,885.510 | 25,789,903 |
| Total funds carried forward | &952,595 | 1,487,803 | 12 750,945 | 23 189 344 |