Chffj rngistrallon number 209925 EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST LEGALAND ADMINISTRATIVE INFORMATION Tws1ees Mr P Orpv•ood Ms E Bell Ms C Hill Mr A R8dlord (Pppobnled 1 N)rl 2023) (Appoinled 11 nI 2023) (hppoinled 22 October 2023) (AFpoinled 22 October 21r23) Charity number 209925 Pnncipal 4ldf•SS 8 Plry Close &ormgt Fljboiough st Sussex RH20 4FQ M1•pondl exknner West & Berry kn'nMI Nile House Nile Slreet Brighl BNI IHW
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST CONTENTS Page Trustees, report Independent examlnerfs repcfl alemenl of fin8naal activities Ba1ce sheel Noles to the finanrAal slatements 7.13
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The tnJstee6 pre8enl their nUal repcfft and financial statemenls lor th8 year ended 31 Decener 2023. The Eva Clare Dawthon Hsing Chaiity (formerty Eva Clare Davidson's Chaiity) vA)ich is also knoTn as The D8vidson Bequest was estabhshed In 1946 unthr Ihe wll of the late Mts Eva Clalre Dawidson and a 3ub8equent Deed ol As6enl. A sub6tanbal18gw was leived under the 11 ol the late Di Dwsy M Sintlh in 1983. The financial gtalements have been prepaved In 8cc(xdanee with the accouniiw policies set wt In rKyle 1 to the InancAal state18 and Comply lIh Ihe d)anVs govemng &)currnnt. Ihe ChBritses Acl 2011 and "Accountlng Repcarfing by Chathles: Statemenl of RerA>mm8ndod praCts apphcat4e to tharltles preparing th•r accounts In accudance the Financial Rep(x1ing Standard applcatAo In the UK and Republc ol Ireld (FRS 102)" (effedive 1 January 2019). Objectives aclivities The thaiity's objects are provfrsion ol low cost hoUsg k)f 'gerrfewomen In reths¢ed crcumstanGes'. ThB chaiity ovms two propertses lornted In Stoirir)gton. West Sussex thal prowde ten Self<tained fi8t8. There have been no ge in the objects of pol•cies ol the chanty in the year ended 31 Decernb 2023. The chartty has no relaled or co.oFrabng organtsabms. The Iruslees have paid the regard to Wance i88ued by Ihe Charity Cornn$s1On m declthng whal athiiieB tho tharlty should undertake. Achievaments and perfomwice The trustees consider the performance of tt)e tharity to have been satsfaclcry The mainlen( inprovenI of Ihe propeflies and environment provided to beneficianes remain 8 pnority and inyiovements continue to be ma(k. . A new trustee boaid wa5 aFvointed (knring Ihe yeaf and include truslee vAth ¢onsiderable exp8rience in tho field of Ihe homeless and those empIencing tharKial difficulbes. a85i81 in finth'ng 5Urtablc tenWts. The tru81ees have been revi1n9 Ihe Increaskng lewlab)n Irrposing rrnro coslty 1e8ponsibilil on ldIOrdS. FInCIal revw The resLIts for Ihe yeai are r1 out in the Siatement ol Financlal Athities. The chantyb mwn source of Income contriues lo be defived trom rental ncome and the co8t of repw13 and maintenance of the Properties Is the chanty'8 Incpal expense. The charity iealised 8 deficil befoie any invesiment losses ol £9.593 12022. sury)S of £16,258) In the year, there was a loss on dspc6al of Investments of £2,677 12022 piofit Ix) dsposal: £12) and unrealsed investmenl losses of L1 .725 {2022 £71,310). The total nel movemem ) tsnds In Ihe Ye was £-13,995 P022 £-55,040) and unrestricted sId al £624,332 at the year end (2022 £638.327). Reseryes polKy Reserv88 ale hdd foi Ihe fuiure maintenance and evenlual oxtenBiM of the properties. The reserves we Th)t yet ¢onsthfed adequale to embark upon Such an extension. Investsnent polKy The charity's lund5 ale mainly math up of investments. The knVestml policy 18 r8wewed by the trustees at least once a yew Investmenl a(knrx8. Th8 InvB8lment obiective Icff a balance between Incon and groth moderate risk has 18main8d thanged. The overall ¥alue of the investment portfolio de(7ea8ed by disposas ol £29.437 and th)v•nYrdrds revaluatson of £1,537, compared to an decrease 01 £71,310 kn 2022. The value ol the IrNestment wrtfolio suffered advef3e aff8cIB trom fising interest rates. The trustees are satssfied wth thB lIent Investment stsalegy and are confident that the value ol the portlolio WU be enhanced in the long rm. Further infoimaticrfi ts set out In the notes to the finanaal slatements.
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE
DAVIDSON'S CHARITY)
ALSO KNOWN AS THE DAVIDSON BEQUEST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Risk policy
The trusiees have Ven cQn8Kl8iAtiL to the nsks to the cknwty 18 exposed and have considered Ihe
6y5tem3 d081gned lo mitigale exposufe to Guth nsks. In paiticd81 Ihe regul trLtstees meetngs a cweful
revlew ol the Ghanty's fiJn&ng alISbIe regiwrces to ensure sufficlenl nnIeS are hebd for Ihe tharityg ongclng
Gosts and gener81 commitments.
Plans lor lulU periods
The truslees p(Aicy io conbnue to provlde low c4)st housmg ftv women n reded drcufftslan¢es at an affordal48
cost in a suroortNe and comforlable enviionment. Reseryes are held fDr the luture mainlenance and eventual
extenwon of the pi operties. The reserves are not yet wn5Klered adequale to embark Up such exIenN.
The trustees have started io look at buildin9 another t4ock alg Ihe lines of Ihe plans dra up by the prewous
tru5lees In February 1998. Two wtl'ne Planning aN>licationg were made, but relused by Hw3ham 3t11cl Counul.
Bolh ielusals weie appealed and dg(a810n is expected in late 2024.
Struclur•, govem•nce and rnagennt
The charlty 15 a regslered charty In Enand and eS (charity nurtier 209925) al c(msliluted by ts govemlng
do
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE
DAVIDSON'S CHARITY)
ALSO KNOWN AS THE DAVIDSON BEQUEST
STATEMENT OF TRUSTEES. RESPONS181LITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Iwstee5 are re¥)onsible lor prepamg the Tiuslees, Repcfft and the finznaal slalements JCCOfdance Yath
arplicatAe law and United KIngdn Accounong Standards (United Kngthlm Generally Accepled Accnn9
Fl8clice>.
The law applicable to charities In Erpjland and Vvales rewre8 the Iru81ees to prepare finda1 statements fof each
financAal year vtmch give a true and fwi 4iew of Ihe state ol affairs of the tharty and of Ihe Incoming resour5 and
applicaknon of reyjwrces of the chatity Icff that year.
In prepng these finanaal staiements, the trustees zrfe required lo,.
- selecl surtable accwnknng policie8 then appty Ihem ccffjr•iStenty:
- observe the method5 and pnnciple3 in Ihe Charlies SORP,.
- make iu
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) I rep(xt to Ihe tDJStees cffi my examabon of the financial statements ol Eva Clare Davthon Hsg Charity (fofmerfy Eva Cl8ie Davids,5 Charity) (the charfty) Ihe year ended 31 December 2023. Rosp(xbslbllrties and basis ol report As the truGtee6 of the chaiity you regponsible f(K Ihe preparallon of the finanal statents In 8CCOfdance F•Mth the requirents of Ihe Cknarles kl 2011 (the 2011 Act). I report in respect of my exarr#nation ol the chailty's flnancial Statents cairied out under seCtIc 145 01 the 2011 Acl. In carrying wl my exaffnab)n I he IL4lowed au the apptscable DIrectnS glven by Chty Comrnrn under sectson 145{5){b) of the 2011 Act. hi(kpendenl exThnerfs Statsrnt Your aftenbon 18 diav4n to the I1 Ihat Ihe tharity has prepared financlljl stbtements n s0(dar with ACUn11n9 d RepcIng by Charlttes prepn9 th1 accounts m aCldn with the Final Reporbng SIdard applicable the UK and Republ of Ireland (FRS 102) in prelerence to the kcounbng and Reportsng by Chawits'e5. Stalement of Re(x)mmended Pracbce iSGued l Awl 2005 vknKh ielerr8d to in the extant regulabons but has n(vrf been ththap•m. l understand Ihal this has been dcffle In order for fn8nci81 slateffnts lo k¥0de a true t arOrdCe Generally ACpted Ac£wntrng Thactice effeclive repcrt'ng penoth begnnin9 on or after 1 January 2015. I have compleled my examinath. I cfirM that no manets have con lo my attent1( kn conneclion the exarThnathon gwing me cause to believe Ihat in any materlal respect. ac(x)untino recdS wefe not kepl In resped of the tharty 88 iequired by sectK>n 130 ofthe 2011 Act; or the financAal statements do not accord IhoBe 18COf£k, 01 the fin8noal ylatements do not comply the aFvlicat4e requiremonts concerrnng Ihe form and cfjntent ol accounts set out the Charthes <Aounts and Reports) Regulalions 2008 other than any requirement that tho acwunts 9Ne a true f8ir ¥ 1th is nol a mattef cSIdered as part of mdependent elanabon. I have no cMcem5 and have Gwie across no rjther matters in cometh'on eXarThnats' to wtwth atlenknon should be in thig ceport in owdef to enat4e a woper underslan(*ng ol the financi81 statements to reached. Westbury FCCA st & Berry Limrt•d Nile House Nile Streel Ighton BN1 1HW 2710912024 Dated. .
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestrkted Unreslricl8d fund5 funds 2023 2022 IncoTrx Irrffjy. Chaiitable acli¥ttles Investments 42,240 14,653 40.535 10.628 Tolal incon 56.893 51,163 Expendrture on: Charrtable acknvilies Othei expen¢*iure 65,586 900 34.005 9)0 Total expondltilrn 66,486 34,5 Nel gainsl(losse5) on Investments (4.402) (71.298) N•1 •xpAndire and movemenl kn Iw 113.995) (55,040) Reconcilthon of funds: Fund balances al 1 JaNary 2023 638,327 693,367 Fund bala• at 31 DKembef 2023 624.332 638.327 The stJtemenl of finanoal ackne5 mdudes all gains and losses rewnised m the y84r. All Incoff expendlbjre derive trom ccffitmuing athvthe8.
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST BALANCE SHEET AS AT31 DECEMBER 2023 2023 2022 Notes Fixed assels Tangible assets In¥eslments 11 12 2.(K)D 310.601 2,000 341,763 312,601 343,763 Current ass•ts tkbtors Cash at bank and In hand 14 25,%3 289.422 10,268 286.434 315.385 296.702 Credilors: anntS falling due within one year 15 (3.654) (2.138) Net current assets 311,731 294,564 Tolal assets less Cumt lIabltieS 624,332 638.327 Net assets excludmg pensK>n liabdity 624.332 638,327 Tlie funds of the Charlty . UnrestrKled 624,332 638.327 624,332 638,327 The notes on pages 7 to 13 torn) part of these financial statements. The fin041 8latements yre Wproved by the trustees rm 20 Seplembei 2024 Mi A Padlord Trnstee Trnstee
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2023 Accounting polldos Charrty mlomwlion Eva Clare Davidson Housiw Chty Is • chwity regslered in Enkland and (chlty nuner 2CB9251. The prlncipal address 18 8el out undef the Legal and AdrnTh8tl81ive details page. 1.1 Accountiry convenl The finan¢Jal statements have been prepared In accordance ith Ihe charity's governing dO(nt, the Charrtie8 Act 2011, FRS 102 'The Financ1 Reporting Slandard applicable in Ihe UK and Rer4Jblic of Ifeland- fFRS l(r2i and the Chantbes SORP "AccLxJnting Hnd Reportbng by chbe6 S18lennI ol RecommendEd Prathce applKable to tharthes weparing trlT accounls in 8jc>1dance wllh the Financial Reporting Standard appliG8ble n the UK and Rewblic ol Ireland (FRS 102>" (effecbve l jU5ry 2019). The chanty 8 F4Jblic Benefit Entsty as defined by FRS I (Y2. The tharity ha6 lak advantage ol the wovi&'cmB in Ihe SORP lor tharhles nol to prepaie a &alurnt ol Cash Flows. The finaal statements have departed from Ihe Chle$ (AcCnts and ReportB) Regulathorts 2008 onty to the eitenl re<wKed to pyovide a true and fair ew. Thls depa18 has mvol¥ed 1(Al0g the Ststerrnnt ol Recommended PraCtr for tharftles applying FRS 102 rather than the ver of Ihe StalefTl ol Recorywnended PraclKe Is referred to in the Regulations trtrt vthich has wrKe4 be V•rthdra¥m. The Inancial slatements 81e Fxepafed in sterflng. Yknsth the functional currency of the chanty. Monelwy mounts in these financlal slatements are riJun(kd to Ihe neaiest £, The financid stskmenls have been prepared under Ihe historical cost convenbon. mockfjèd lo include Ihe revaluaiicffl ol certn finanual nBtiuinenls at lair value. The pmapal accounknng pohcles ath)pted are out below. 1.2 G.ng ccrfKern At the bme of approvina the financial staternents, the truslees have a reascffiatge expectabon that Ihe tharty has adewale reS0ceS to conlinue in operaknonal eStenCe tor Ihe foresee8t4e lulure. Thus the trtee5 C1Ue lo adopl the gOg concern bas of aGcoLnkng in piepating Ihe financial statements 1.3 Chaitable lunds LknrestrKted ftinds are availatde lor use at the th8crets. ol the trustees In lJrthei¢e ol IheK charitsble objedries. Resthded ndS awe 8thject lo specific C¢0nS by donors rx giantors Bs to how they may be used The purpe8 uses of the resth.cted fvnds aro set out Ihe notes lo Ihe ffflancial stalements Endc•Ymenl fijnth are 8ubjecl to specific condOnS by donors Ihal the cxpital rnst be mrrtaned by the tharty. 1.4 Income Income 18 recogrised ¥en tr chanty is legalty enlilled to it after any performance Gondth'ws have been met. the afTr)unts can be measured reliably il 18 probable thal income wil be recaved. Legaa83 ar8 recotsed on receipl (K t)thefwse Il Ihe Ghaiity has been notified of an Impenthng Ihstributs{, the atrw)unt is knv•vn. aThd reGwpt f 8xpected. If the amwnl bs noi knov•n, the legary is treated as contrgenl 83381.
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 310ECEMBER 2023 Accounting pollcles Iccmtinued) 1.5 Exp•nditure ExpenthttKe 58 recognised once Ihere is a legal (v constru1Ve obllgabon to transfer eu)nomK benefit lo a third party it is probable that a transfw of ecorK>mic benefits be rewwed in setttemenl, and the al1 ol the obligabon can be rne8ed reliably. Expenditure Is classified by The costs ol exh acthvty we made up of the total of cthts shared C¢ts, Induding suppcrt CC6ts Involved In derta'Thg each athty costs attr>utatde to a smgle vity are allated dwedly to thNt adivity. Items of a captal nature are reflected on Ihe baknnce theBI if they can be used for frnie than one yew and Ccffjt al loJBI £1,000. 1.6 Tangible fryod assets Taiigble flxed assets Tepresenl thH value ol land and tldIng8 acquiied indusive of all Ca)sts aTrJ 1808 and e lThtsalty me88ured #l cosi and SLknsequenlly Th&sured al CQSI 01 net re2aable vakne. DepreaaOM fs fecogn15ed so 88 to ofl Ihe cosl or vaaon of a88ets less their re%al Vae3 over Iheir usehl INe3 Ihe lomowing bas"s: Freehold land and buklngs no deryeaatr on land The gam or1088 arising on the dlsposal ot an a8881 is delernlned as the differen(x betV•Een the sak eedS d the cwrying Value ol the asset. and 18 Vecolsed kn the statemenl of fin8naal acbwbes. The cost of txjildings was Kjlly depreciated as at Isl January 1999 and are sbll kn use for direct charllable purposes. Subsequent experthre of a wital nate rred cffi Imwoving lh8 budilngs ts deprerAated over 5 years by ewal TtalMen1& The m¥ket value of Ihe land and buildings is consldered by Ihe tru81ee8 lo be substant'al but no vJSuabon ha8 been comnw5610ned, The propertks are central to the tharty's 8cb'vities. 1.7 Flxed asset inveslmonts Fixed assel investments are Inrtially me8sufed at transacb)n pnce 8xduding transacllon &)sts. are subsequently measured at lak value al each reporting dale. Changes in fair value are wecognised in net mel{expendlure) for the year Tran8adion cosls are expensed as Incwred. 1 Impalrment of I•d assats At eath report9 end date, Ihe tharty rew8W8 the carry9 arnOts of rts lang10 8ssels to deteiThdne ether there IrKlication thal those assets have suffvred an inyaiiment h)ss. If any such mdratson extsts. the recoverle amounl of the asset ests'maled in order to determine the exlw)l of the impaifirnt 1089 (If any). 1.9 Cash and cash •quivaknts Cash aiid cash Lquivalents incknde Cash in hd, deposits held al call bank8, other shcfft-term liquid invesiments wlh original m8lurilies of three months or less, and bank overthafts. overdrafts ar8 sh(v•m within brOwIng8 in current liat4h'bes. 1.10 FInGl inslwmonts The tharity has elected to apk4y Ihe wow5ions ol Section 11 'Baslc Financial Instrumerts, and Secticffi 12 'Othef Finanual Instrumen18 188ues ol FRS 102 to all of ts financial instruMt. Fina1 knstruments we recOd In the charlty's balance sheet Ihe tharty becomes party lo the contractual prowwons of the instrument.
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting polkles (Continuedl Basic fnancial assets. dUde deknl(n and cash and bank ba12mces, are measured ai transacts pre indu<ng trènsaclion costs are subsequently cwried at arno9ed cost Ung Ihe effethe interesl methLMJ urdess the anangement C3.1uteS a fmancing transa¢b'M, vknere the ITanshctson 19 measured 8t the pfefient ¥&lue of the luture recelpts discwnled 8t a moikel ia1e of interest Finarboal a66ets clas6i&ed as fecw'vable vAthln one year are nol amut'sed. Bask financial h"abiliti•S Basic firiancial liabrfitses, incluthng Gre<torB and bank loans ¥e inlllaly recognbsed at traroxtson piice wilesg the arrangemenl (x>nshlut88 8 financing transactson. where the debt n8trumenl ts measured at the presenl v8lue of Ihe fUle payments discounted at a markel rate of interest, Financial liabilibe$ clasNfied as payable ilhin one year are not am(Ytssed l)•rncognition ol thanclal Nablffffes Finanoal liabile$ are dere¢0Od the charity's contra¢fval otl6gabons exwre oi we (tscharged or canGelled Income Ir(rfn chantsbl• activiti Unrestrthd lknrestnd•d funds lund5 2023 2022 Chartable mcome ChantatAe rental income 42240 40.535 Income from investments funds 2023 lunds 2022 Income trom listed Investw¢nts Interest receivabl• 12,264 2,389 9,994 634 14.653 10,628
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Chafilable aciivlts.es Charrtable Charitabl• ExPdire Expendrture 2023 2022 Propwty fepaits and makntenance Cwnul tax and water rates InsLrance Garden maiitenance Elecliicity Cleaning LettrTrJ agent fp.es DonaiKJns pahd 49.705 2554 3,177 1 ,900 1 .562 190 3.CrfJO 20,766 2,792 2.420 1.479 1.201 250 2,510 35 62.088 31,453 She ol govemance costs (see note 5) 3,498 2,552 65.586 34.005 Support costs alIced to xtivrtie5 2023 2022 Govemance costs 3,498 2.552 Analysed beeen. Chaistable aL¥1£S 3,498 2,552 2023 2022 Govemanc• costs comprlse: Legal and profe&won81 Accountancy Trustee expenses 1986 1,512 1.092 1.440 20 3.498 2,552 Governance costs Inchjde payments to the Independent examinern of £1,200 + VAT (2022: £1200 +VAn for accouniancy lees. 10.
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 TNstees None of the truslees (or any persons rnnneded them) re¢elved tY rerTwner8tM oi benefftg from the charty during the year. There was rK) trLIees expenge9 re1mrned In the year (20Z2: £20 lof 8ub8istence for trustee meeb'Trg5.) Employees The average mcffithly number ol enyloyees during the yew 5. 2023 Number 2022 Numb•r Tolal Thtye were no ernploye8s annual renwnerabon was more Ihan £60.000 Oth•f •XP•M11ye Lknrestrl¢tÉxl lthrpstricted fund5 lunds 2023 2022 Investmenl ccffjts 9JO Gams Ioss•5 on inv•stments Unrestricled UnrestrKted nds Ivnds 2023 2022 Gamslllossesl ¥Mn9 ( ReValuatft of fftvesljnents Sale of investments (1.725) (2.67n (71310) 12 (4.402) (71298) 10 Taxallon Tho charty ts exempt from taxa11on on its aciMts"es, beca0 all Income Is apled for chrtble purposes 11
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 310ECEAIBER 2023 11 Tangible fixed assets Freehold land Cosl At l January 2023 14B.2D4 At 31 December 2D23 148,204 Oeprnciation impairnt Al l January 2023 146204 Al 31 Decenl)er 2023 146.204 Carryry amount At 31 DeGerTtser 2023 At 31 December 2022 12 Fix•d ass inveslnwrts Listed C051 or valuatlon At l JanuKy 2023 Valukn'm thge9 Disposals 341,763 11.7251 (29,43n Al 31 De1)er 2023 310.601 Carying anwwnl 31 Decefflkr 2023 310.601 At 31 Decembei 2022 341.763 2023 2022 lrnie9trnents at fat value conynse. L18ted on the London Stock Exthawe Open Ended Investment Company Listed on the ChnlIS18ndg Secwilks exchange 248.599 55 177 6,825 278,771 54,111 8,881 310.601 341.763 13 Bank baL*Ke$ The bank balance includes COIF Charfaes Dep061t FLmd of £46.745 (2022. £44,524) held CCLA Investment Manayemenl Limiled. 12-
EVA CLARE DAVIDSON HOUSING CHARITY (FORMERLY EVA CLARE DAVIDSON'S CHARITY) ALSO KNOWN AS THE DAVIDSON BEQUEST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2023 14 Debtor4 2023 2022 Amounts lalling due wthin ong year. epayments and accrued 25.963 10.268 15 Creditors: affnts fallry due within cffj• year 2023 2022 Trade c¥e(tc Cxhv cr8ditOl8 Acc81$ and deferred incoffle 1247 603 1.535 1.821 3,654 2.IJB 16 UnfBStricled lunds The unresthclvd funds of the chanty CCmwse Ihe tmeipended balances ol donabons gvants are not FAibJecl to Specific cMditsons by and giant015 as lo how they may be used These iidude designated Itmds Mthich have been set aslde out ol unrethcted funds by the twstees tof specific W09e8. Galns and At31 sses D•c•mber 2023 At 1 January kncoming Resources 2023 resources •xp•nd•d Trnnsl•rn BuilLthng Repatr Reserve G811 fund9 3c4J,oc4) (300,OCQ) 300.(M)O 324,332 638,327 56.893 (66,486) (4.402) 638.327 56.893 (66.486) (4.402) 624,332 Previous year. At 1 January 2022 Incoming rnsourc•s Resources expended Translevs Gains and A131 loss•s December 2022 General fijnds 693,367 51,163 134.905) 171,298) 638.327 17 Fair value adJUstTrts Accumulated reseNes in¢lude laii value adjuslrnnts totallng £196,973 (2022". £198,041), 18 ReL*ed party trnsactKxis There were no thsdos8ble ielaled pty transactk)ns thring Ihe year (2022 nffle). 13-