2024-12-31-accounts

comrY)15gion Cbdrit). Yumber: 223222 'I'he Woodcol'k and Bowcs Charitv Unaudited Tr'inancial Siatements for thL year ended 311)ccemher 2024

The M'oodcock and Ilowey Charity Legal and Administration Details C:harit)' Numher: 223222 Trustee% Mrs R. H. Cldverin r D. Renni%on fr% J Diii%n% - Chdimidn Mr$ 114. Wilkin%i)n Vic¢ (.'haimian Nqrs S ljruwn Mr8 K 'l"uddLtiliam Mrs fvl. Bl£lLkluLk r% P Ho￿t Irc%igncd O1:'117QO?4) Miss D. Joiies lappvin1ed 01:'07,.'24) MTS J. Ilenimer {appointed O1107;'?4) N()minJtL'd Trust￿8 Siindt'rland C'iti. Coiincil Louii. M. Thornttjn (-,oun. J. I Icrnn Warden C.. ￿ altoii Secretary MTS R. H. ClavLring Principal ,Iddre5S I RI)SLmi)unt Lourt Buldun 'I'}'nc NE36 ONG Alnishouses AddrL'55 Maritiini AliiishDIi%cs Gorse Road undtrliL iid Tyiie dnd Wear %R? 714X Ilankers Lli)!ds TSB Ballk plL 54 Fa￿(¢11 SiiL¢l Siindcrlic nd Kl ISI.. Colb Cliarity Fuiids encltor Iloiise 8.$ Quegn Vicli)rid Siieel l.ondon F.('4V 4F.'I' Ini'estnient AdTrisor5 M&G S¢Lurilies Limiied Lundon r.c"_IM 5ACJ lijdependeiit F.xaminers TIiTg¢f5ens rcGl%t %iiirc, (ir()und I.-1￿Or Avdloti House I Ccirhcrinc'fi C'i)Iirt %RS 3XJ

'l-hc Nl'oodLI)Lk and Bom'is C.haritv Trustees, Repibrt for the year ended 31 December 2024 Charity Numb¢r 223222 I'hc trustCC5 prcsent thi5 repLIrt lugpeiher %viih thc findniial 51dlttntnts of the Cliai'ily for tli¢ yedr tndvd 31 L)eceinber 2024. .1 lie tina]icial ftdtL'niLnls hal'e been prcp)rcd iii acct>rdcqnce ii'iih the <iCCOUTlting pnli¢ie% fci nui on pages 7 tn ¥ and comply with tlie cunent slunded 17?%).. Alnisliouses and Pcn%inn C-haritTr' ot I.. li7abLih Woodcock (founded 18201 aiid Thc Chdrity ()(" Ddme J.. Kail)arine Rilsvn Ili)und¢d 19351. -IIIL cliariiN' ilas reL1151eied un(ler Ihe priivTS1(>ns ()[ Ilic Cliarilic% Aci 1960 as chi?riry numhcr 2?.3222. The ("harity 1% all cHd()wLd LhJritN and all cidniiiiistratil'e charge4 arc di.%chdrgLd uut ol. IllLoine' subject Iherilo all IhL InLome Is appliLd lil IhL objiiis of tlie CliiÉ ritv. l-lie Qliarity is Inii naned b%. the twelv< .%crving Irusl¥es. wh() arc li%icd on pagc I, ￿.(? ()1" whom are co-i)plcd aftei nciminiltiÉiIi b} Ihe C'.ity ()1- 8uiidLrldnd CuLinLiI. The reiiiaiIiing ieii co-É)platii.c Tru51t¢s h£iVL been clcctcd to TcflcLI Ihlir cxpertise in diffcrLllt ficld5 Iwlth tlic finanLidl. le¥<il. medical. InarinL buildlll¥ profL%%lI)n% bLlligb fLpie5eTrled. The Trustees IneLI i)n d fLLTrular b3SI5 regardllio tl)e iiian<2geineiii of ihc Alinsliouses and il% finances. The day Ic) ddS' LarL ol- thc occiipanls 15 JnaiiiiaineLt bj ihe IllardL'n. C. Walion. iTr'h() IivLs In Ilie Wardcn's bungalow and who reports to the Secretary. Objc¢tiv¢s and Activitie% PTCi'i()usly Ihc Ch41ritl' (littied li) proi'idL accoiiiiiiodation for dependent l¢inalc relative5 of seal-cirLrs and des¢rN'ingT (Trl" Iv￿men in thc City (If %iinderllc nd who M'cre in need of suppun. In urdei 10 reduc¢ tliL' VSSLS lu ¥'uid5 the Lliaritv lia% aiiiendcd its object5 to an}. ill. llLeL%%iloiis circuIiist(InLL.s. Thcrc 18 also a cninmitmcnt t(I niain1￿7]n ihe Alinsliouses in which the ivardLn Und rL51d¢nts live. Public Benefit ststemL'lIt l-lic trn4tLLs hllN'c had reg<2rd to the Cliarit!'% ('()mini%%i()n uJuidanLL' on Iheir leoal duii i)n public hinLfil. and arc S%ltisfiLd tliii t ihe C'hariry. delii'er% piibliL henclit, and due rcgard is paid tu Ihc &uidan¢e i)11 publi¢ bcncfjt iihen deciding whal neiv pri)jLLL% thL Lh￿ilY should undemak'e. Achi¢vcments dnd Perfurrnance Incliided ii) LTen¢ral repdllS in Ihv ¥¢8r ha% bLLlI the aiinual gas satetv check5 and M'ork iindcnic kcn ro install a ligThiinb7 timL LloLk. Financial Rtvie The v(Iliie ul. Ilie Chdritv s Tr'uiid's investmeii15 11<15 iiicreased by £27,931 CDmpaFcd i(> Ihe prcvioii% Vedr. The incrciise in the i'aluc nf thc.4c as&LIs is due partlN' to ni)rkel factors aiid Luuld IluLtuLie boili ilPW<iid5 dow'n%vÉirds in Ihe Loming yLar. The ¢a%h I'und% nf thc Lliarity, a8 at 31 December 20?4 have in¢re&8ed b}, £12.985. Thc iticomc of thc Lharity li £3.542. The free ies¢tves Lil- the Charilj ¢unuuiii tu £10,943. Tlie Ti-ust¢¥s pi)Iic} ITi fLlation to rescrvc% is 1(} en%urc that, in tlic cvcnt ()f a .%ignific<2ni rediiction in inLUTnc, tlicrL tlTe surri¢ient free reseTves lil ¥V￿Lr ii)inimum of 6 nionihs i)l-daily rniiniiig cos15.

'fhe Wvvd¢()Lk and Bowe8 Charitv Tru.stcc%' Rcp()rt for the year ended 31 December 2024 Charity Number 223222 taternent uf Truste¢s' Responsibilitl¢S 'The Trnstee5 ar¢ r¢quirLd tu prepdre lindnLi' and nf thc Sialcnicnt nf I,-iiiancial Attivities of the C.hariry for that perio(J. In prLpdrin£J Ihuse Iin<illci(1151ateiiienis tlie 'l'rusiees 12re requii'ed to.. s¢leLI suitdble dLLounling policies and tlieii Iipplv theii) consistei)tl}'; lli<ike judgeineiiis i?iid e£tiiiiate% iliat arc rcasonahle and prudcnl., follnw thc TCCDmmcndati()n (Il- thL Chi( rii} Conimi%%i(In <lnd of ihc accoiinting profession ￿'1th regarJ til l()nn aiid ic)JilLlIt uf Ilie fiiiaiTrLial 5tlI lenieiils <iiid lo disclose and eiplaitl an}, Jeparlu1¢5 thcretrom". and pr¢parc tinancial slatctiitnts on the going conccrn ba.%i% unle%5 11 is iiiappropriatc to PTc%umL that Ihe Chdriiw w'ill Lunlinue 10 operare. Thc .1 ruslLes dre respoIisible for keepuig proper accountitig) records whi¢h disLlose with redsonable accurac). ar (inv tiiiie tlie t-lllilIicial posltioll i)l- IhL ('h&rit)'. 'IIL) arL )l.%i) rL%P(Jnsihlc fnr safcguarding the assets lif the Charity dnd hcnc¢ for ukiniy redsonable steps lur thg prevention dtteLtioii OL fraud and otlier ￿ebUI￿lTillts. Insofai (15 the Iriistees, arL awarL' there is n(1 r¢levani audil inl(Trniiation of w,hich the charirv'% indcpciidciit cxaminers are unaw3re: and the tru%tees liave takeIi all Steps that tliej uu¥hi to have tdkeii tu niaLe ihemselves dM'aT¥ Lil. anv relevanr ii iidit Intnni)21 tinn aTid io C%idbli.sh that thc indcpendcnt cxainincTS arc awarc ot that inluTm(Itivn. InN¥5tm¢Dt Poli¢ J. Perfortjiaijtes The l-ru%le¢b invLsiineiit ubjeLlive is 10 Inaijitdiii aiid enTri<wILe the V<ilue of the fjxed as5e15 over the long tcrm iii order to niaintalll 1¢ lid it po%8iblc incrca.sc the incomc aviii11< blc tor tlic pun)osc ol. tlic ChaTIty. .1 o achieve tlii% ohjccliN'c thc p(IlTCV of thL TTll%tLL5 1% t() InVL'4t in il brLILid Lif LqiiifiL% and fixed ini¢t'e%i inve￿I￿1￿nt￿ 'I'he invtslmenls dre r¥vit%ved six litnts a )'eur dnd Iheii perlurniaiiLe Luinpared 1s.iih Ihc appri)priaiL indiccs. 'I"aking ijito accoiint markcl fliictLiations iiivc5tmcnt pcrforni<ince lias been atislaLtorv. Kisk Assessineiit 'Ilie '[ nistees IiLive cDn%idcrcd any ri%k% to Ivhich the L-harirrf might bc exposcd and arc %atisficd that thc idminislTdliNe, Inv¢stmLiit (Ind findnLial proL¢dure% ivhibli are in plaLe tyiinimis¢ the risk of ￿7V to the Appr(Iv¢d bv the 'l-m%rcL.% 011 thc and 8ignLd nii tIiLir behalf by.. 11 1 É4125 Mrs R. H. Clal'ering Secretary

Rcpi)rt i)f ¢hi. IndL'pendent Examiner's to the 'fru%tee% ijf Th¢ WiiDde()ek and Hom'es C.harity" on the Financial Statements for the year ended 31 December 2024 I rcpTrrt ti) thc tni4iLCS on In), eXdmiTldlion ol. Ihe <￿l{)unIS ol-'lThe Wo(Idci)Lk and Bowes Cliiirity Illie ChilTilyl Ii)r tlic )'ear ei)ded 31 Deceinber 2024. Rcsponsibililies and basis ¢Trf report As the mistees ot thc charity you arc rcspon%ihlL for the prepc1raiion of ihe Iiccounts iH accDrddnLL wilh thl I-¢qUITeinents vl. the C.h<lTIIiLS ALI 2011 j'ihc Act, l. I repiTrrt in r¢sp6it ol. tny ¢X¢tmin81ithii of Ilic L'harity'5 account5 carried oiil uii(ler %eilinn 145 of the 201 l Acr i2nd in carry'iniw out my CAdmindliun I have follow'ed all tlie applical?Ic Dirccli()n% gTiiL'n bi. the Charilv Coiiiinis5iun undLr liidependetit examiner s statcmcnt have Ll)mpl¢iLd iny Lxaniiiiation I coiilinn th1( t no matL'riiil milltcr,% have cthinc tTr niy atttiition in connectinn wilh thL tx￿L[￿lndi10n g¥iving iiie C11 use to believ¢ Ilidt in all￿ llldteridl ie5peLI-. accollntingT re¢nrd8 WLrL' nui k¢pl in rLbpeLI of Ilie Charitv as required b). secliun 1311 ol-llie Act. or the acLounls do n()t aLLoid w lili Ihvse records. or the aLLuunls du nut Llltnpls. wilh the pplicable requiTeiiient5 Lonclrning IhL fi)rm and contcnl ot" acctTruiit% %ci Dut iIi tlic Clill l-Itie5 {ALL(iunls lind Rcpi)n%l Regtulatii)n% 2008 otlier iliilll ali) I'equiremeIil thdl tlie aLLountS bTIVe d 'liuL <iIid l'air view I￿111¢h is iior a iiiatleT cDnsideTLd (LS part lif 311 independcni have no conccrn% and have comc aci'055 iiv uih¢r [natte￿ in connLclioii ivith (hL LxaInin<2flOlI to which dllenliun shuiild be drawii iii tliis report iti ordcr ID cnablc a propeT iinderstanding ol. Ihc acci)unts to be rcached. Irs A M. I Icnsliaii. PC.C.A Toi¥Ter5¢ns ChcifiLred Accountanis last Siiite, Griiund Fli)or Avalan 14ou.%e St Ccilherine % Ci)urt 8undcrland SR5 3x1 DAle. 171cry125

ThL Wvo(Jco¢k and Bum'cs Charity Statement of Finaneial Activities for the vear ended .11 December 2024 Unre5triLted Re&tricted EndDwnient Funils Funds Fund5 Total 2024 Tntgl 2023 N(Ite Inconie Inci)Ine Iroin chariiablc activities InLL>rne frlim invlsliiients uiher inconie 28,986 2¥ C)116 17.593 26.749 16.?08 80 .855 'otal Inconie and r.ndowments 1,8.53 44,726 46.-$79 41,037 Lxp¢nditiire Expenditure oil Lb￿lIable dLtivilit5 11.204 7,n24 11,2<M 19,666 10.545 ??,937 TotMI F.xpenditiire l R,228 383 30,87Q Net (JainsllL(*5%e5) InTrc%tmcnls Net InLufftel(Lxpenditure) {10,406} 39,567 1.443 30.604 17.658 Tr#115fcr5 btliTrLeii Funds Nct Moi'ctnent in 1,443 30,604 T(Ital Funds al l January 2024 361 ?71 8! 842 506,IN)5 488,347 T(Ital Futidl at 31 Decenjher 2024 39R 843 84,2X.5 .536,609 5116,00.S

Thc Woudcock and 11()we4 Chari tatement of Financial Posititsn .% #t 31 December 2024 Note5 2024 2024 2023 Fixed A55tt$ Tdn¥Tiblt Fixed A5sels 71.814 Ini"estmeTrl5 in Uniled Kiiigdorn Stocks Nalion<il A.%%(Kiation of Almshouses Cotninun In￿L51m<I]I Fuiid 60,658 Inconic Sh1i res 2.832 Accuiiiul¢ltion %harcs Charitie5 OffiLi<il Inve%tmeni Fund 44R Incomc Sliaics 12 56.309 342,870 54,48i 317.414 408.719 i81),7X8 Currrnl Assets l)ebtor5 C&sh ai Bank and in Haiid I)cpi)Slt ALcoiinig Liirreiit Accoiiiils C'ash Balcinces 1,640 37.000 14.f) j3 170 37,0110 -50.4.%8 c.urrent Liabilities Othci LFLdiior% 14 16,26.51 17,7021 Net Current A¥s¢¢$ 56,070 42,756 Net Assets -$36 609 Trund5 Endowincnl Fiind Restricted l.und (Jcncral Fuiid t)e.sjiTrnatcd Fund. 82.842 361 771 }.090 31}8.843 I n.94.1 42,)3¥ Sib 609 'Fhege finc111cial statements have bÈLn preparL'd in accordwice ith Charit1¢5 SORI) IF'RS 102). n)ese fiiidiiiial sldleTIILnls werg dppruved by Ilie board ol'ttU5tLL5 and auihori8cd for issue on Ind <lTC signed on heholf of thc bo<lrd b).: "l N%i¢c The nole.5 f)IlPUXV.% / io 12]c)rin purl ()fihLJ.j{

The IVuibdL()Lk and Bojves Charity Notes to the Financial StJtemcnt for thc )'car cnded.11 D¢'eember 2024 CreNerxl Inforniation l-hc W()uJLOLk and BoKI'es Cliarity is a chaTltv d(ImdillLd in En¥ildnd dnd Illdles. Chdrity r¢gyistratioii nuiiiber 223?22 I'lie address Ot the iegTlbter¢d ulliLe 1% l Ri)%Liii(>unt Ci)urt, El(Trld(Trii, 'I'}'nc and Wear, NE)6 ONG. Statement ofconipliaiice These finajiiial staleinen15 havL b¢¥n pivpared in coiiipliance ivirh rlie provision of fRS I O? 'The Financial Reporting Standard <qppli¢ahlc in thc IIK aiid tlic RepubliL of Jreland" Accounting Vvlici¢s Ba515 of Prepar&tion Thtse linanLl<il staleimetitb liave heen priparLd under tlie hisloriLdl Lost Lonveiilion 1< 5 Iiiodified by thc Tcvalii£ltiiin i)I' fi%Ld ic %%cI invL%iillLnis mcasiircd ai f£iir valiie ihroiigh rhe staienieni of fiiii2ncial pusiIILIII. and in avci)rdaiiLL' w'iIII'. IhL Sldleineiil of keLoninieiided Piaclice.. Accoiiiilingl rewrtinb by Charities Pl¢P(￿lI1￿ Ilieii ,2ccoiiiiis In 12ccordi¢ nce with Ilie financial Reptjrting £iandard% applicablc in rhc IIK aiid Kepublic ol. Iielaiid11-'IIS 10?) i5su¢d in Sepltt]Iber ?018 ISORP 2018} li) lh¢ Financial Rcpnrting %tandard applicablc iii ihc UK and rcpublic of Ireland IfKS 102) 'l-hL' I Illdncial sl<ileittents are prepared iii sierlino wliich is the tiiiicrional currency nt Ilie chariry. Mi)nLlary aiiiouiits iii Ilitse UliLludiied fin<￿LIa1 St￿lIe￿}en1￿ ale rKJuiided lo Ihe ntartrst £. Iiieoming resource5 DI￿ld¢1)d5 are in¢luded in th¢ Sidlernenl ul. FinanLidl ALliN'iti¢s ihrn Ihej ￿1[¥ dYLlared. BIL l)k interest 14 includbd in the %talcTncnt of l-inancial Aciivitic% L)n rLLClPt. L dt)nations dre inLlud¢d ill lull in lh¢ Si(ti¢menl ol. binanLial Aulivilies as soon as the}. are rectived. ReqidL'nts contrihulion% arc includcd in Ihc 8IJiLillLni vc FiniinLicil ALIiviiiLS when reL¥iv&bl¥. Inv¢stii)¢nt ¥ains and 11>%sL'% illLludL% 811).. 43in or loss oti tlie sale of itivcstlilLnls aiid ajij gaiii or loss TC.suliin¥ frvrn reviiluing invesimenis to Inarkei value at rlie end of ilie >eilr. Expcnditure #lld liabilities All expendiiure, c)Ihei' thdn Iliai M hiLh has been Ldplldlised is included in Ihe Stdlemenl ul FinanLiul Aeiivities. ThL valu¥ pur¢h&%L invoice% reccivcd hoforc the ycor end t>ui noi paid ulilil atlcr thc year LidbililiLs ￿1[¢ r¢Lvgnibgd (Is soon <lS Ih¢re is <1 legal or Lonstriiclive obligaiion coiiiinittitig the cl)arity to pay out resvurLes. Fixcd a55Lt ini'L'StttiLllts Iiivebiinents drt H fonii of by5ii findiiLial in51rLinienl ￿ld are iIiiliallv reiogiii5ed al their Iiansaction valiiL and subscqiJcntl}' Ine(?siJred <ir their fiiir i'alue as at tlie 5tateineiit of tinancial positinn date using Ilie LIoSlll¥ qijoled Iiiarket priLe. The charity does iiot aLquir¢ pui ()plioiis, d¢rivatlVeS UT Oth¢r Ll)mplex finan¢ial ins1￿Men1￿. All b141iIlS and losses are tak¢Ji 10 ili¢ Sid¢¢ment of FiJian¢ial A¢liviiiLS a¥ they ￿1￿L. Realistd gain5 and 10%.8c.s on Inv¢%imLnl% arc caliiilal¥d &$ the dit'tercnic hetWCLlI sslc% procecd.% and Ihcir opcning Larryiiig y￿1[U￿ ur Ih¢ir PUfLlid5¢ alu¢ if acquir¥d subsequeiir to tlie firbl das. ot. tlie fiiiat]cial year. I InrL8li%cd 8LlllI.% and losses arc C<ilculated as tlic diffcrence bernieen il)e fil IT valiie <1r ihe ye£V end nd IhLif L<irTriJig value. Kealised aiid unr¢2i li5¢d invesiiiient gains and losses are Luinbiiied in ihe St<lteinent of Financi<il A¢iivitie.%.

Thc Woud¢vLk and Bi)Trvcs Charity N()te% t() the Financial Statcments for the vear endcd 31 Decembcr 2024 Accountin% Pvlicies (roniin4e¢fJ l)epreciatlDn D¢pieLjdliKJn Is LdlLulaied 10 Kkriic down Ihc ci)sl, Ic.8s estijnatcd residiial V<11iie ol- the Frechold I'rnpeTty' used by the Chariry over its expected useful lifc nf.. l.rLchold PropeiD' Kitclieiis F..lectricq Bdtlirooiiiq rixturcs & Fittinb) I 00/0 6.670/D Funds Ac h¢ used for %pccific purpa%cs as l. the donor. F..Kpenditurc whiLh niLL15 IhL Liilerid is Lhdrg¢d 10 Ihe fund. F.nd(Iwment Fund KeprLseni% Ihi)%i a%£ct% ￿h]ch arc held permanentlj. bj. the cl)ariti', wincipall )' ini'Lstment.s. ljicome ari.%in&7 on the cndowrnciii funds Liin bt Ilsed in accord2£ nce wirh the objects of the Lhdrity. Anv LGlPitdl gaiiis aiid losscs arisiiio on iiii'esttneiit5 tvtm P<lrt ()l-the lund. Inve%tmeMt manaqcinciil nd Icg<il <idi'ice reliiling to the fund aTC chaTuJcd abTdin81 i1iL fund. Desigiiattd Fiind RLpfL%Lnib fuiids earniark¢d by the trustees Ivr renuvdtion WOTks llLL¢ssarJ lo brijiq die Alinslivu5t properties lip to date Loin2 Coneern The f]ndnLiÉil sldi¢tnenLS. have b¥en prepared on d gTroiiig Luncern basis. Income from Ch#ritubl¢ Acli¥ities 2024 2023 iesideni% CL)ntribulii)n% 749 Incoiiic froni Cliarilablc aclivities f()r the vear £211.986121123.. £26,749) of which £28.98(112023.. £)6,7491 va.% rcstricted. Ineonic froni Iiivcstmei)ts 2024 2023 Divi(lends Interest RecLIVdblL 14,664 1,544 Incoiiie froiii ijivesttnents toi the year ivas £17.593 (2023.. LI 6,211tl) of iNhich £15,74012023-. £14,h(?4) was restnLted and £1.8531?023.. £1.544) H'as unresiriLi¢d. Other Income 2024 2023 th¢1 income 80 80 ()thcr incoine for tlie ycar £llil ()023. £80) of wliich £nil (?0?3.. £nil} W¢lS Teslrict¢d.

The Woodeock and Bowe8 Cbarity otes lo the Financial Statcments for the year ended 31 Deccmbcr 2024 Exp¢n(lilure Cliaritable Acli%'ilie5 2024 2023 RIL tes dnd Wdttrr F.l¢ctricil)' InsuranLe ( iarden M<iillienance eic. Repairs, IleJiew'1<15 aiid DeLurdling 3,562 -187 1.-56.5 865 2,X74 F.xptnditurc nn chll ritable a¢tiN'ities for rhe yeilf Ii'12S £ 11 ?04120?3.. £10,$451 ot'which £1 1,2041?023.' £10.5I1S rgslricied. nther F.xponditure 2024 2023 Warden s Hallorariuin Sundry Exptiidiliire VitlL CLiII and W'1<1'den's Teltphun¢ SiibsLripiioIis- Ni( tional Association of Alnishoii%c. Alldit and Ilccouiitancy BuokL"eepiiig C.'harges Bank cli￿￿Te5 Depreci<irioti 421 4.i44 213 ?.298 120 4n7 60 12,44? Oilier expeiiditure lor the year £19,6661?013". £27 937) ol. whiLh £7,024 (?023. £10,495) l¥dS reslricled. £12 ?591202", £12,n.59) wa% unr¢gtriciid and 138.3121123.. £3831 rclated to endnwincnt fund%. Staff Nufftber5 The Lhdriiy hdd no empluyegs Lluruig) (he curreni aiid previous fiiiaiicial year. Tru4tee% RernunerutiuN Expcnscs And Key Managcmcnl Ptrsonntl Apai'l Iri)m. a8 sct out bc10￿.. tlierc werc no tnistecs remuncr<llion or othcr benefits for thc cU￿¢11t and PT¢L¢din¥ )'L&lr. Durinu IhL LiirrLnl and preceding s'ear, the trustees did not receive £inv reiniiner<iiion or any oiher benefits from LJiiplos'JlleJit willi the chaTjty. TrustLes expeiises P<iid for Ihe )edr i¥¢r¢ £4861?0?3. £6831 paid IL) 112023.. 1) ITusl¢e iii r¢imbursenienl or bonk.kcei)ingTr %crvicc.%. %tatiDncry, rcftcslimciits and re5idcnts ChTI.%tmas gill.%. At Ihc }'car cnd, L?5 ivaq owcd tci Uie Irublee in r¢%peLI of bookkeepiiig? serviies. Thc kc), man(tbNLmenl peTSI)nnel of the charity c()mpri£L af ihc rru8tLC$ only. 10. Fixed A¥sets Property Fixtures & Tr'itting% Total Cosl At l J%lllLlcltv 2024 AdLiiliOlib L)ispos(ils 177,fi4.5 1.800 4,144 195 181.789 1,995 Ai 3 l Decemhcr 2n?4 179,445 4,339 183,784 llcprcciatifjn Al l Jdnllarv ?U14 Char¥t fi)r kear Disposi£ Is 97,666 1.662 434 12,642 At 31 1)cccmbcr 20?4 109,874 2,096 111,970 Net Ilnok Value Ai 31 DeL¢niber 20?4 814 Ai 3 1 Dcccinbcr 202)

The W(11)dLIILk and Bowes Charity, 'otes to thc Fillancial Stalemenl. lor the )'ear ended.11 l)Lccmbcr 2024 Inveslinents Market value al l Januat), ?024 Addition% ai Cost -3Rn,7811 13.036 Moeiiient iii iiiarket value 14.X95 Market value ai 31 Deceii)ber 2024 Investment dt ￿1￿k￿l vdlue Lvnipristd. Inve%ttnents hcld on a rccoÉmj.scd stock exchdngL ()r hLld in Lomn)on invesiment funds Flisiorical cosi at l Januivy 2024 Addition5 <lt l.ost Disposals 408,719 228.499 11,036 Hi%toricdl ¢o%l dl ? l DeLLinbLr 20?4 IndiN'idudl invLslInLiils held ai 31 December 20?4 wliicli lire over f Ot tlie portfoli(I bv V<11ue arc-. rwlarket Valiie 241.5_15 M&(J C.'haTity' Multt A58Ct Fund Income Ilnils M&(i Chdritv Multi Assel Fund AiLumlllatiun Lnils 14 84 34? 870 13. Debtors 2024 Piepayiiieiits Odici. Dehinr8 72 466 65 1,$7.5 14. Creditors 2024 2023 ()Iher (-rediiors 1.507 6,195 umnjary of Net Assets b). Fuiid - 2024 Rcstricted fiin(ls .xtravrdinari' Repair and ImproNeiJieiit Fuiid Lnrestricted Fund PcrTnan¢llt F.ndol￿tI1irt1 Fund Capital A¢iount PcrmantNI AccuTnul£ltcd duedtiun Fund Reser+'e TotAI AcLUUtIt l.-reeliold I'roperp), Inveslnients. Ciirretii Assers CurreIit Liabilities 43,8.68 342.¥711 {?,4?91 9.54U 1,432 352,410 56,3119 73,(?9 -(G,?65) 9,643 320 441 398 841 Svmmary nf Net A55ets by Fund - 2023 Ileslricted t-unds Extr#urdiiiar. Ilnr¢$tri¢l¢d Fund Permancnt .TJdtJwnient Fund CApilal Ace(Trunt l)ermanent Elid()￿ nient Rt.4er%'e A¢tumulated Incom¢ ALCOUDt Improiement Fund LduLation Trun Total Freeliold Property Inv¢5tm¢n15 CU￿lnI A.%sL15 CurrLnt Lidbiliiic fi4.lUI 317.414 12(),4341 326,306 42,(167 7,70?} 361 271 7.791 Id

The WiJTrdcock and B()TrL.% Charity Notcs to thc Financial StatL'niLnts for the year cnded 31 December 2024 unds Illfwd Balance asat 31.12.24 IriLOtnink 01.01.24 Re.%r)uree Ouliruin Re%ourccs Laiiis & (Losses) Transfers Endoivmeni Fund 13831 1,826 38i Illfwd B#lanL asat 31.12.23 Incomtng 01.01.23 Resources Outgoin Resour¢e5 Gains & IL055es} Transfers Endowmtnt Fuiid X2.30L) 916 82,84? 82. 'lie r.nd(Tr%i'inLnl luiidy s¥1 up uiidLr tlii Iru%i dLcd daled 14 Jul& 1967. RLsident conli'ibutions in respect lil. IhL prnpcrty. arL dppliid t()WLITds Ihc properrs. njiining cosis, ail), excess being directed. tog?eiher with dtliibutablL invL%linciil incoiiie, io the geiiei'al adinini5tration ovei-heads olthe charitv. R¢slriited Tr unds 17. RL%irIC￿d fund8 Loinprisc Ihc follow.inbi balances Dn inLoni¢ and Ldpital fund. BIr￿d M()TreThent in Fund5 s al Intoniing ()ulgaing 01.01.24 R¢%nurLe4 RLii)urees Clfwd Cxpital (Jainsl F.Ap¢ndilllre (Lti4$es) 31.12.24 Lducation FEJnd Cdpltdl Inc()mc 11,X92 1,184 649 ?47 1.431 10,076 247 649 l.'¥iraordinarJ' Kepair wid ImprO￿ejnenl Fund ?96.980 13.036 31,441 (1,9951 12,420 3211,441 67,430 P¢rrn(tnent F.tidi)w'tnLnt RLserve 118.2?81 361 ?71 44,726 118:?281 11,99.)) li,069 -398,843 Blfwd M()¥'ement in b und5 a5 at Inconiing Oulguing Capitdl ainsl 01.01.23 Resources Resources Expendilurc (Losses) 31.12.23 F.duLati(Jn l.uiid C<JPltdl 8.1441 940 748 244 1.184 9.084 244 10,1176 ExirciOI'diiiary' Kepair wid Iinprovemcni Fund ?82,3X5 46.201 13,959) 6.43() 296,9Xn 54,21.5 PcrnidnLnt Endowjntnl Reserve 19,054 191,040) 337.670 41,413 191.0401 13,959) 7,187 361 ?71 Iiivcstmcni.< in ihe F.du¢aiinn fund arc llSLd to gcnLratc thc inc()mc whiLh is di%tribuicd to the Bishupw¢artnoiilli ('liurcli, £2nd Dther grantees. for cdiicLltini)L21 piirpL)ses. 'I'lie Extiaoidiiiarv Rvpilll iind Impri)veiiient lund is utili%ed ti) Impri)ve and enhance th¢ Almshou%e4. The pennaiictit cndoii'inciit restricted rtserve receivts IllLOTne froni iiive%tiiieiils held in the perin<1nent Lndowtnenl Ciipiial fuiid iiicoiiie froin residents coiilribulioiis iii respect of properties lield Expcii%es Lharqcd i(p Ilie rc%iricted rese1.￿e are i¥ith regard ro propertj riinnints costs ciiid gener<il adiiiinistt-ation ovLrh¢dds ()I' IhL Cli￿11¥.

Thc Wo(IdL(b¢k and Bow'es Charity Notes lo the Finaneial Statements for thL Tr'i'ar endLd .31 DeLember 2U24 unre.stricted b unds Blfwd MoiLrnLnt in Funds asat Incoming l)utgoiiig Capital Gainsl 01.01.24 Resources Resources Expenditure {Lusses) 31.12.24 Clfw Dcsignated I,'unds Capital RLfurhishinent Geiieral l.ui)d 52,802 9.09 {1?,259) 1.995 4*.538 B/fwd Mol'ement in Fund a% at Intoming l)utgning Capital Ciainsl 01.01 ?3 Re50urcts Resources Expenditur¥ {Lvsse%) 31.12.23 Cffwd Dc%igtlc2tcd I.iind Capital Rel-lirbishiiient General l.Iiiid 60.902 7,466 3.959 5?.802 9,090 1.624 The developinLnt dnd Lapildl r¢lurbishni¢nl fuiidb w¢rL b¥t UP Iv rlligfei)Le iiioDi¢s reqLiirtd lo undLitiike ihe rcn()vatinn wnrks ncccs%arv tn hriiig thc alm%hou%cs propcrties lip 10 d1¢ te. Reldted P¥rty TraTt5aLtivns Duriiig rlie yeiw, tlie cliariD' acceplcd bo0kkccv￿IV ch￿¥7t.5 ailliiunlin¥ IiTr £?5 1?023.. L25) froiii Ll trustcc. Thc trll%tcc also duc a rcimbiir5etneiit uf ¢xp¢nbes <inioiilllin¥ li) £480 (?02_1.. £6831. The trlisree i¥dS reimbursed a total of £486120)3.. L68.3l, Tlic ￿li￿lin18 oui%ian(lingT at IhL N'C<ir end L25 {21121.. £2_$1. 12