2022-12-31-accounts - The Woodcock And Bowes Charity

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				Unrestricted	Restricted	Endowment	Total	Total
				Funds	Funds	Funds	2022	2021
			Notes
Income
Income from charitable activities			4		27,652		27,652	26,972
Income from investments			5	333	13,391		13,724	10,871
Other income			6	200			200	251
Total Income and	Endowments			533	41,043		41,576	38,094
Expenditure
Expenditure on charitable		activities	7		29,515		29,515	9,206
Other expenditure			8	11,787	10,794	383	22,964	21,922
Total Expenditure				11,787	40,309	383	52,479	31,128
Net Gains/(Losses)	on Investments				~9752	~1723	~11475	31602
Net Income/(Expenditure)				(11,254)	(9,018)	(2,106)	(22,378)	38,568
Transfers between	Funds
Net Movement ia	Funds			(11,254)	(9,018)	(2,106)	(22,378)	38,568
Total Funds at I January		2022		79,622	346,688	84,415	510,725	472,157
Total Funds at 31	December 2022			68 368	337670	~8230	4~88 34

					Notes	2022	2022	2021 f	2021
Fixed Assets
Tangible Fixed Assets							90,944		103,114
Investments in United Kingdom				Stocks
National Association	ofAlmshouses
Common Investment	Fund				12
- 60,658 Income Shares 2,832 Accumulation		Shares				53,567 298,861		55,290 296,517
Charities Official Investment			Fund
448 Income Shares						8 ]43		9214
							360,571		361,021
Current Assets
Debtors					13	528		1,040
Cash at Bank and in	Hand
Deposit Accounts Current Accounts						31,000 10,628		46,000 4,655
Cash Balances						300		300
						42,456		51,995
Current Liabilities
Other creditors					14	(5,624)		(5,405)
Net Current Assets							36,832		46,590
Net Assets							4~83		~10
Funds
Endowment Fund					16		82,309		84,415
Restricted Funds					17		337,670		346,688
General Fund					18		7,466		6,933
Designated Funds					18		60,902		72,689
							488347		510725

Depreciation
Depreciation is calculated to write down the cost, less estimated used by the Charity over its expected useful life of:	residual	value ofthe Freehold Property
Freehold Property Kitchens 1% 10%
Electrics 3330/
Bathmorns 6.67%
Fixtures SrFittings 10%

Income from Charitable activities for the year was f27,6 was restricted.	52(2021:f26,972)ofwhich f27,652 (202	1:626,972
Income from Investments	2022	2021
		g
Dividends	13,391	10,865
Interest Receivable	333	6
	13724	~10871

restrict	ed and 6333(2021:X6)was unrestricted.
Other	Income	2022	2021
Other	income	200	251
			251
Other	income for the year was f200(2021:8250) ofwhich fnil (2021:f 1) was restricted.

Expenditure on Charitable	Expenditure on Charitable	Expenditure on Charitable	Expenditure on Charitable	2022	2021
Rates and Water				2,602	2,663
Electricity				375	276
Insurance				1,493	1,377
Garden Maintenance	etc,			1,390	1,387
Repairs, Renewals and		Decorating		23,655	3,503
				29515	9206
Expenditure on charitable			activities for the year was f29,515(2021:89,206)ofwhich f29,515(2021:Z9,206)
was restricted.
Other Expenditure				2022	2021
Warden's Honorarium				3,000	2,700
Sundry Expenditure				869	338
Vitacall and Warden's Telephone Subscriptions —National Association ofAlmshouses				4,344 222	4,556 216
Audit and Accountancy				2,082	1,884
Bookkeeping Charges				216	50
Bank Charges				60	35
Depreciation				12,170	12,143
				~26	~21

stationery, postage, residents gifts, AGM cost The key management personnel ofthe charity	s and bookkeeping fees. comprise ofthe trustees only.
Fixed Assets	Property	Fixtures tk	Total
		Fittings
Cost
At I January 2022	173,945	3,885	177,830
Additions
Disposals
At 31 December 2022	173,945	3,885	177,830
Depredation
At I January 2022	73,857	859	74,716
Charge for year	11,781	389	12,170
Disposals
At 31December 2022	85,638	1,248	86,886
Net Book Value
At 31December 2022		~26	2K944
At 31December 2021	100088	3026	103114


12.	Investments
	Market value at I January 2022 Additions at cost								361,021 11,025
	Disposals at market value Movement in market value								(11,475)
	Market value at 31December 2022								360571
	Investment at market	value comprised:
	Investments held on a recognised		stock exchange or held in common			investment	funds
	Historical cost at 1 January 2022 Additions at Cost								205,359 11,025
	Disposals
	Historical cost at 31 December 2022								2~16
	Individual investments	held at 31	December	2022 which are over 5%		ofthe portfolio by value are:
								Market
								Value
	MJ'cG Charity Multi Asset Fund Income Units MS'cG Charity Multi Asset Fund Accumulation Units							53,567 298,860	14.86 82.89
13.	Debtors
								2022	2021
	Prepayments Other Debtors							295 233	57 983
									1040
14.	Creditors
								2022	2021
	Other Creditors							1,901	1,427
	Accruals							3,723	3,978
								5 624
15.	Summary ofNet Assets by Fund		- 2022
			Restricted funds			Unrestricted		Fund	Permanent
	Permanent Endowment Reservef		Extraordinary Repair and Improvement Fundf		Education Fundf	Totalf	Accumulated Iacome Accountf		Endowment Fund Capital Accountf
	Freehold Property Investments			298,860	8,142	307,002		62,200	28,743 53,567
	Current Assets Current Liabilities	51,825 ~5624		(16,476)	941	36,290 ~5624		6,168
		4~60		282 384		337668			82310
	Summary ofNet Assets by Fund		—2021
			Restricted funds			Unrestricted		Fund	Permanent
			Extraordinary						Endowment
	Permaaent Endowment		Repair and Improvemeat		Education		Accumulated Income		Fund Capital
		Reserve		Fund	Fundf	Total	Account		Account
	Freehold Property Investments			296,517	9,214	305,731		73,987	29,127 55,290
	Current Assets Current Liabilities	62,140 ~5405		(16,476) 280041	698	46,362 ~5405 346688		5,635	(2) 84415

Restricted	fu	nds compris	e the foll	owing bala	nces on incom	e and capital	fund.
				B/fwd	Movement	in Funds			C/fwd
				as at 01.0L22	Incoming Resources	Outgoing Resources	Capital Expenditure	Gains/ (Losses)	as at 31.12.22
Education	Fund
Capital				9,215				(1,071)	8,144
Income				697	243				940
				9,912	243			(1,071)	9,084
Extraordinary		Repair and
Improvement		Fund
Capital				280,041	11,025			(8,681)	282,385
Permanent		Endowment	Reserve	56,735	29,775	(40,309)			46,201
				346,688	41,043	(40,309)		(9,752)	337,670
				B/fwd	Movement	in Funds			C/fwd
				as at 01.01.21	Incoming Resources	Outgoing Resources	Capital Expenditure	Gains/ (Losses)	as at 31,12.21
Education Fund
Capital				8,070				1,145	9,215
Income				460	237				697
				8,530	237			1,145	9,912
Extraordinary		Repair and
Improvement		Fund
Capital				246,098	8,627		(573)	25,889	280,041
Permanent	Endowment		Reserve	46,746 301374	28,974 37838	(18,985) ~18985	~3	~20 4	56,735 ~3466

Unrestricted Funds
	B/fwd	Movement	in Funds			C/fwd
	as at 01.01.22	Incoming Resources	Outgoing Resources	Capital Expenditure	Gains/ (Losses)	as at 31.12.22
Designated Funds
Capital Refurbishment	72,689		(11,787)			60,902
General Fund	6,933	533				7,466
	~9622	533				68 368
	B/fwd	Movement	in Funds			C/fwd
	as at 01.01.21	Incoming Resources	Outgoing Resources	Capital Expenditure	Gains/ (Losses)	as at 31.12.21
Designated Funds
Capital Refurbishment General Fund	83,876 6,677 ~0553	256 256	(11,760) ~1176	573 ~	-	72,689 6,933 ~9622