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||||||||Unrestricted|Kadowmeat|Total|Torsi|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Note||Fund|Fund|2022/23|282/722|
|||||||||g|g|f|
|income aad||eadowmeats||from:|||||||
|Charitable|smivities||||||988,309||988,309|/,093,884|
|Investments|||||||293476||293476|385 75/|
|Total|||||||1,281,785||1,281,785|/,479,635|
|Expenditure||oai|||||||||
|Charitable|activities|||||5|I 233331||I 233331|938793|
|Total|||||||1,233,331||1,233,331|938,793|
|Net gains on||pmperty|investments|||6||(25,000)|(25,000)||
|Net<br>(losses)/gains||||on|other|||(267,143)|(267,143)|(89,9/6)|
|investments|||||||||||
|Net income/(expenditure)||||and net|||48,454|(267,143)|(218,689)|450,926|
|movemeat|ia fuads||||||||||
|Balances at||I August|||||7,753,945|10,065,837|17,819,782|/7,368,856|
|Balaaces at||31July|||||7,802399|9,798,694|17,601,093|/7,8/9, 782|





## 

## 

||||Notes|31.07.23||31.07.22||
|---|---|---|---|---|---|---|---|
|||||8||||
|Fixed assets||||||||
|Pmperty<br>investments|||||205,000||230,000|
|Other investments|||||9,927,332||10,169,477|
|Almshouse<br>property||||||||
|improvements||||||||
|At cost|||8|2,465,931||2,465,931||
|Depreciation||||(1,824,802)||(1,775,483)||
||||||641,129||690,448|
||||||10,773,461||11,089,925|
|Current assets||||||||
|Debtors|||9|132,221||236,364||
|Cash at bank||||6,774,327||6,725,283||
|||||6,906,548||6,961,647||
|Current<br>liabilities||||||||
|Creditors: Amounts||||||||
|falling due|within|||||||
|one year|||10|(78,916)||(231,790)||
|Net current|assets||||6,827,632||6,729,857|
|Total assets|less current|||||||
|Liabilities|||||17,601,093||17,819,782|
|Capital and <br>Endowment|reserves<br>capital||||9,798,694||10,065,837|
|Unrestricted|reserves:|||||||
|Designated<br>Funds|||12|||||
|Extraordinary<br>Repair||Fund||4,087||188,241||
|Cyclical Maintenance||Fund||1,395,275||1,250,188||
|Income and|expenditure|||||||
|Account|||13|6,403,037||6,315,516||
||||||7,802,399||7,753,945|
||||||17,601,093||17,819,782|









## 

|||||2023|2022|
|---|---|---|---|---|---|
|||||g|8|
|Cash flow from operating|activities:|||||
|Net cash used in / provided by operating||activities|CFI|(244,432)|(14,871)|
|Cash flow from investing|activities:|||||
|Dividends,<br>interest<br>aud rent from investments||||293,476|385751|
|Changes and cash and cash equivalents||in the year||49044|370880|
|Cash and cash equivalents|at 1 August||CF2|6,725,283|6,354,403|
|Cash and cash equivalents|at 31 July||CF2|6,774,327|6,725 283|



## 

||||2023|2022|
|---|---|---|---|---|
|Net income/expenditure|||(218,689)|450,926|
|Adjustments<br>for:|||||
|Investment<br>income|||(293,476)|(385,751)|
|(Gains)/losses<br>on investments|||267,143|89,916|
|Depreciation|||49,319|49,319|
|(Increase)/decrease|in debtors||104,145|(2,141)|
|Increase/(decrease)|in creditors||152,874)|217,140)|
|Net casit provided|by operating|activities|244,432|(14871|
|CF2 Analysis ofcash and cash||equivalents|||
||||2023|2022f|
|Cash in hand|||6,774,327|6,725,283|
|Total cash and cash equivalents|||6,774327|6,725,283|
|Analysis ofchanges in net debt|||||
|||At start ofyear|Cash flow|At end ofyear|
|Cash||6 725 283|49044|6774 327|





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|2|Income from lettings and|grants r|eceivable|||
|---|---|---|---|---|---|
|||||2022/23|2021/22|
||||||8|
||Licence fees|||880,767|1,163,044|
||Service charges and utilities|||291,261||
||Losses from void license|fees||(245,219)|(124,660)|
||The Drapers'<br>Company|||61,500|55,500|
|||||988,309|1,093,884|
|3|Interest receivable and other income|||||
|||||2022/23|2021/22|
||||||6|
||Investment<br>income|||281,891|281,355|
||Bank deposit interest<br>Other income|||10,211<br>1,374|104,396|
|||||293,476|385,751|
|4|Surplus for the year|||2022/23|2021/22|
||||||8|
||Surplus for the year is stated after charging:<br>Depreciation —tangible fixed assets|||49,319|49,319|
||Auditors<br>remuneration|(including|VAT)|17,713|14,022|





## 

|5|Charitable<br>Activities: Governance|Charitable<br>Activities: Governance|Charitable<br>Activities: Governance|and staff costs|and staff costs|||
|---|---|---|---|---|---|---|---|
|||||||2022/23|2021/22f|
||Operating<br>costs|||||||
||Services|||||337,234|322,/93|
||Management|||||374,809|214,77/|
||Depreciation|||||49,319|49,319|
||Day to day maintenance|||||160,399|/67,594|
||Major repairs|||||311,570|184,916|
|||||||1,233,331|938,793|
||Almshouse<br>staff costs included||within operating||costs|||
||Wages and salaries||||||70,750|
||Social Security costs||||||6,325|
||Other pension costs||||||2,889|
||||||||79,964|
|||||||Number|Number|
||The average weekly|number of|persons employed|||||
||during<br>the year was|||||||
||No employee<br>earned|in excess off60,000per annum.||||||



## 

|||||2022/23|2021/22|
|---|---|---|---|---|---|
|||||g|I|
|Deficit|in|the|scheme|(281,000)|(47/,000)|





## 

|roperty<br>inves|tments|||
|---|---|---|---|
|||Valuation|Valuation|
|||2022/23<br>f|2021/22<br>f|
|Balance at 1 August||230,000|230,000|
|Net investment|gains/(losses)|25 000||
|Balance at 31|July|205,000|230,000|



## 

## 

||||Market|value|Cost||
|---|---|---|---|---|---|---|
||||31.07.23|31.07.22f|31.0723|31.07.22|
|At <br>Net|1 August<br> investment|losses|10,169,477<br>~242, 145|10,259,393<br>~89.9ld|2,586,471|2,586,471|
|At|31 July||9,927332|10,169,477|2,586,471|2,586,471|



||These investments<br>are <br>Kingdom,|held within the|Drapers'<br>Charities Poolin|g Scheme and all are held|in the United|
|---|---|---|---|---|---|
|8|Almshouse<br>property|improvements|(see Note 1)|31.07.23<br>g|31.07.22<br>f|
||Cost|||||
||At beginning ofyear|||2,465,931|2,465,931|
||At end ofyear|||2,465,931|2,465,931|
||Less: Depreciation|||||
||At beginning ofyear<br>Charge for the year|||(1,824,802)<br>(49,319)|(1,775,483)<br>(49,319)|
||At end ofyear|||(1,874,121)|(1,824,802)|
||Net book value|||591,810|690,448|





|9|Debtors: Amounts<br>falling due within|Debtors: Amounts<br>falling due within|Debtors: Amounts<br>falling due within|Debtors: Amounts<br>falling due within|Debtors: Amounts<br>falling due within|one|year|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.07.23|31.07.22f|
||Arrears ofmaintenance||contributions|||||||
||Weekly Maintenance|Contributions|||arrears||||29,185|
||Accrued income|||||||1,627||
||Amount<br>due from TTP|||||||130,594|196,739|
||Sundry debtors||||||||10,440|
|||||||||132,221|236,364|
|10|Creditors: Amounts|falling due within one year||||||||
|||||||||31.07.23|31.07.22f|
||Weekly Maintenance|Contributions|||||||28,867|
||Amount<br>due to HHA|||||||57,034|80,001|
||Sundry creditors and|accruals||||||21 882|122922|
|||||||||78,916|231,790|
|11|Capital reserve|||||||||
|||||||||31.07.23|31.07.22|
|||||||||f|f|
||Endowment<br>Capital|||||||||
||Balance at 1 August|||||||10,065,837|10,155,753|
||Net investment<br>gains|||||||(267,143)|(89,916)|
||Balance at 31July|||||||9,798,694|10,065,837|
|12|Designated<br>Funds|||||||||
||||||||31.07,23|31,07.22||
||Extraordinary<br>Repair||Fund|||||||
||Balance at 1 August||||||188,241||275,757|
||Contribution<br>Expenditure|||||127,416<br>~333 570||97,399<br>~789.975||
||Net<br>transfer<br>to||Income|and|||(184,154)||(87,516)|
||Expenditure<br>account|||||||||
||Balance at 31July||||||4,087||188,241|
||Cyclical Maintenance||Fund|||||||
||Balance at 1 August||||||1,250,188||1,106,314|
||Contribution|||||175,940||167,464||
||Expenditure|||||~30,853||(23,590)||
||Net<br>transfer<br>from||Income|and|||145,087||143,874|
||Expenditure<br>account|||||||||
||Balance at 31July||||||1,395,275||1,250,188|





## 

## 

## 

|Movement<br>in Income|and Expenditure|Account|||
|---|---|---|---|---|
||||2022/23|2022/22|
|Balance brought<br>forward|||6,315,516|5,83/,032|
|Surplus for the year|||48,454|540,842|
|Transfer from/(to)|||||
|Cyclical Maintenance<br>Extraordinary<br>Repair|Fund<br> Fund|13<br>13|(145,087)<br>184,154|(/43,874)<br>87,5/6|
|Balance carried forward|||6,403,037|6,315,5/6|
|Analysis ofnet assets|||||
|||Unrestricted|Endowment|Total|
|||||31.07.23|
|Property investments<br>Other investments||205,000<br>128,638|9,798,694|205,000<br>9,927,332|
|Almshouse<br>Property||641,129||641,129|
|Current assets||6,906,548||6,906,548|
|Current<br>liabilities||(78,916)||(78,916)|
|||7,802,399|9,798,694|17,601,093|
|||Unrestricted|Endowment|Total|
|||||31.07.22|
|Property<br>investments<br>Other investments||230,000<br>103,640|10,065,837|230,000<br>10,169,477|
|Almshouse<br>Property||690,448||690,448|
|Current assets||6,961,647||6,961,647|
|Current<br>liabilities||(231,790)||(231,790)|
|||7,753,945|10,065,837|17,819,782|



## 

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|any expenses by the Charity (20<br>|any expenses by the Charity (20<br>|22:fnil).|||
|---|---|---|---|---|
|17<br>Prior year SOFA|||||
|||Unrestricted|Endowment|Total|
|||Fund|Fund|2022/23|
|||8|8||
|income and endowments|from:||||
|Charitable<br>activities||1,093,884||1,093,884|
|Investments||385,751||385751|
|Total||1,479,635||1,479,635|
|Expenditure oa:|||||
|Charitable<br>acttvities||938,793||938793|
|Total||938,793||938,793|
|Net investment<br>gains|||(89,916)|(89,916)|
|Netincome/expenditure||540,842|(89,916)|450,926|
|Transfer between funds|||||
|Net movement<br>in funds|||||
|Balances at I August||7,213,103|10,155,753|17,368,856|
|Balances at31July||7,753,945|10,065,837|17,819,782|