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2023-03-31-accounts

Charity
Na
me me Otley Old People's W elfar e Commit t ee
Registered Charity Number 207385
Charity's
Principal
Address c/o BFEBrays Ltd
Building Society Chambers
Wesley Street
Otley
LS21 1AZ
Names ofthe Charity Trustees who manage
the Charity Mr David Wilkinson (Secretary)
Mr Laurence Bentley (Treasurer)
Mr David Robson
Mr Colin Campbell
Mr Alan
K Pratt
Structure, Governance and Management
Type of governing document Constitution
Constitution ofthe Charity Association
Objective and Activities
Objectives ofthe Charity The general good of all older people in the old
Urban
District of Otley by
providing facilities for
physical
and mental
recreation,
furthering
health,
relieving
poverty,
distress
or sickness.
Main activities in relation to the objectives The Charity provides a permanent building comprising
a main hall, adjacent smaller meeting rooms and
kitchen facilities for older people to gather for social
recreational
and culinary
purposes. Access is open to
ail on a day-to-day
basis.
The building also has offices
and facilities for service providers.
Achievements and Performance
Main activities during the year The Trustees feel that they achieved their objectives
in the year under review.
The
building
re-opened
in
the
Summer of 2021
following
refurbishment
works and activities are
returning
to normal
following the Covid-19 pandemic.

NOTES UNRESTRICTED UNRESTRICTED RESTRICTED RESTRICTED 2023 2022
FUNDS FUNDS TOTAL TOTAL
INCOME FUNDS FUNDS
Charitable
Activities
28095.00 28095.00 20775.00
Investments 1432.05 1432.05 1376.73
TOTAL F 29527.05 F 6 29527.05 6 22151.73
EXPENDITURE
Charitable
Activities
20448.18 20448.18 15673.56
Other 1830.00 1830.00 900.00
TOTAL 22278.18 F. f 22278.18 F 16573.56
NET INCOME (EXPENDITURE) 7248.87 7248.87 5578.17
Transfers
between
Funds 2334.00 ( 2334.00 )
Gains (Losses) on Investments ~1877.04 ~)877.04 ) 3994.83
Net movement in Funds 5 7705.83 ~5 2334.0~ ) 5 5371.83 8 9572.80
RECONCILIATION OF FUNDS
Total Funds brought forward 481744.54 F 3926.21 485670.75 476097.95
TOTAL FUNDS CARRIED
FORWARD F 489450.37 E 1592.21 F 491042.58 F 485670.75

NOTES 2023 2022
TOTAL FUNDS TOTAL FUNDS
FIXEDASSETS
Freehold
building
refurbishment
costs 391676.28 389342.28
Investments 48197.51 50074.55
TOTAL FIXEDASSETS 8 439873.79 6 439416.83
Prepayments 3942.53 3434.49
Loan to Otley Older People's Trust Ltd 150.00 50.00
Cash atBank: General Account 52652.05 48593.22
: Building Account 1592.21 3926.21
TOTAL CURRENT ASSETS 58336.79 56003.92
CURRENT LIABILITIES
Sundry creditors (
418.00
)
Rent received
in advance
for the next year 3000.00 3000.00 )
NET CURRENT ASSETS 6 54918.79 5 53003.92
TOTAL ASSETS LESSCURRENT LIABILITIES 494792.58 492420.75
LONGER TERM LIABILITIES
Rent received
in advance
beyond the next year 3750.00 6750.00 )
TOTAL NET ASSETS 2 491042.58 5 485670.75
THE FUNDS OF THE CHARITY
Restricted
Income Funds
1592.21 3926.21
Unrestricted
Funds
489450.37 481744.54
TOTAL CHARITY FUNDS F 491042.58 F 485670.75

NOTE 2023 2023 2023 2022
UNRESTRICTED RESTRICTED TOTAL TOTAL
INCOINE
1. CHARITABLE ACTIVITIES
Letting ofRooms E 28095.00 6 28095.00 F 20775.00
INVESTMENT INCOIIIIE
Dividends
on COIF Income
Units 1403.14 1403.14 1375.58
Bank Interest 28.91 28.91 1.15
6 1432.05 E 1432.05 F 1376.73
EXPENDITURE
3. CHARITABLE ACTIVITIES
Building
Running
Costs 8
Insurance 6 20448.18 E 20448.18 F 15673.56
4. OTHER
Legal 8 Professional
Costs
F 1830.00 F 1830.00 6 900.00
FIXEDASSETS 2022 TOTAL 2022 TOTAL
Freehold
Building
Refurbishment
Cost ofRefurbishment
brought
forward 389342.28 355263.41
Costs this year 2334.00 34078.87
Cost carried forward F 391676.28 F389342.28
Note: The original cost ofthe building is not known having been built some sixty years ago.
INVESTINENTS
COIF Charities
Investment
Fund
2575.52 Income Units at bid market value (original cost not known) E48197.51 F 50074.55