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2022-12-31-accounts

REGISTERED CHARITY NUMBER: 227364

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

W H SAUNDERS & FRANK WAREHAM CHARITY

PREVIOUSLY KNOWN AS W H SAUNDERS CHARITY

Carter & Coley Limited Chartered Accountants and Statutory Auditor 3 Durrant Road Bournemouth Dorset BH2 6NE

W H SAUNDERS & FRANK WAREHAM CHARITY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Page
Report of the Trustees 1 to 2
Trustees' Responsibility Statement 3
Report of the Independent Auditors 4 to 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Cash Flow Statement 11
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 21
Detailed Statement of Financial Activities 22 to 23

W H SAUNDERS & FRANK WAREHAM CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Charitable objectives are the provision of housing accommodation for people who are in hardship, distress and are resident in Hampshire and Dorset with a preference for those who are over 60 years of age and who are unable to maintain themselves by their own exertions.

Significant activities

The charity took over the assets and liabilities of The Wareham Cottage Homes charity on 8th April 2022.

The enlarged charity has continued to maintain its housing stock to a high standard for the benefit of its residents.

FINANCIAL REVIEW

Financial position

The Trustees are satisfied with the financial state of the Charity.

Principal funding sources

The principal source of funds is rents and service charge income.

Reserves policy

The Trustees aim to maintain a working capital of £50,000 with any surplus being applied to reduce long term loans.

FUTURE PLANS

The Trustees plan to maintain the existing housing stock in good repair and to continue to offer accommodation to its residents.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by a scheme of the Charity Commissioners dated 3rd March 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

227364

Page 1

W H SAUNDERS & FRANK WAREHAM CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

Principal address

843a Ringwood Road Bournemouth Dorset BH11 8LJ

Trustees

T Smith J Richardson D Rixon

Auditors

Carter & Coley Limited Chartered Accountants and Statutory Auditor 3 Durrant Road Bournemouth Dorset BH2 6NE

CHANGE OF NAME

The charity passed a special resolution on 8 April 2022 changing its name from W H Saunders Charity to W H Saunders & Frank Wareham Charity.

Approved by order of the board of trustees on 24 March 2023 and signed on its behalf by:

T Smith - Trustee

Page 2

W H SAUNDERS & FRANK WAREHAM CHARITY

TRUSTEES' RESPONSIBILITY STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 3

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF W H SAUNDERS & FRANK WAREHAM CHARITY

Opinion

We have audited the financial statements of W H Saunders & Frank Wareham Charity (the 'charity') for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF W H SAUNDERS & FRANK WAREHAM CHARITY

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF W H SAUNDERS & FRANK WAREHAM CHARITY

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We evaluated trustee's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate journal entries and management bias in making accounting estimates. Audit procedures performed by the engagement team included -

Inspecting correspondence with regulators and tax authorities.

Discussion with management including consideration of known or suspected instances of non-compliance with laws and regulation and fraud.

Evaluating management's controls designed to prevent and detect irregularities.

Identifying and testing journals, in particular journal entries posted with an unusual account combinations, postings by unusual account users or with unusual descriptions

.

Challenging assumptions and judgements made by management in their accounting estimates.

Completed analytical work, to include comparison with prior periods.

Reviewing financial statements disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Other matters which we are required to address

The financial statements for the prior period were not audited. Our audit work on opening balances does not reveal any material misstatement.

Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF W H SAUNDERS & FRANK WAREHAM CHARITY

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Carter & Coley Limited Chartered Accountants and Statutory Auditor 3 Durrant Road Bournemouth Dorset BH2 6NE

24 March 2023

Carter & Coley Limited

Page 7

W H SAUNDERS & FRANK WAREHAM CHARITY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Support
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 2022
Unrestricted
fund
£
1,209,732
134,709
193
1,344,634
69,971
53,828
123,799
1,220,835
713,496
1,934,331		 2021
Total
funds
£
-
96,829
-
96,829
30,684
48,726
79,410
17,419
696,077
713,496

The notes form part of these financial statements

Page 8

W H SAUNDERS & FRANK WAREHAM CHARITY

BALANCE SHEET 31 DECEMBER 2022

Notes
FIXED ASSETS
Tangible assets
12
Investments
13
CURRENT ASSETS
Debtors
14
Cash at bank
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
16
NET ASSETS		 2022
Unrestricted
fund
£
1,743,081
4,161
1,747,242
1,501
276,697
278,198
(16,131)
262,067
2,009,309
(74,978)
1,934,331		 2021
Total
funds
£
699,481
-
699,481
9,818
89,282
99,100
(5,591)
93,509
792,990
(79,494)
713,496

The notes form part of these financial statements

continued...

Page 9

W H SAUNDERS & FRANK WAREHAM CHARITY

BALANCE SHEET - continued 31 DECEMBER 2022

FUNDS
19
Unrestricted funds
TOTAL FUNDS		 1,934,331
1,934,331		 713,496
713,496

The financial statements were approved by the Board of Trustees and authorised for issue on 24 March 2023 and were signed on its behalf by:

T Smith - Trustee

J Richardson - Trustee

The notes form part of these financial statements

Page 10

W H SAUNDERS & FRANK WAREHAM CHARITY

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Dividends received
Net cash (used in)/provided by investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2022
£
1,250,506
(5,273)
1,245,233
(1,050,000)
(4,161)
193
(1,053,968)
(3,850)
(3,850)
187,415
89,282
276,697		 2021
£
45,095
(6,194)
38,901
-
-
-
-
(34,819)
(34,819)
4,082
85,200
89,282

The notes form part of these financial statements

Page 11

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest paid
Dividends received
Decrease in debtors
Increase/(decrease) in creditors
Net cash provided by operations
ANALYSIS OF CHANGES IN NET FUNDS
At 1/1/22
£
Net cash
Cash at bank
89,282
89,282
Debt
Debts falling due within 1 year
(3,603)
Debts falling due after 1 year
(79,494)
(83,097)
Total
6,185		 2022
£
1,220,835
6,400
5,273
(193)
8,317
9,874
1,250,506
Cash flow
£
187,415
187,415
(666)
4,516
3,850
191,265		 2021
£
17,419
6,400
6,194
-
16,250
(1,168)
45,095
At 31/12/22
£
276,697
276,697
(4,269)
(74,978)
(79,247)
197,450

2. ANALYSIS OF CHANGES IN NET FUNDS

The notes form part of these financial statements

Page 12

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 13

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

2.
DONATIONS AND LEGACIES
Exceptional items
3.
OTHER TRADING ACTIVITIES
Property rents
Rent losses from voids and bad debts
Service charges
Management charge
4.
INVESTMENT INCOME
Dividends
5.
RAISING FUNDS
Raising donations and legacies
Rates and water
Insurance
Communial expenses
Sundries
Routine maintenance
Depreciation		 2022
£
1,209,732
2022
£
123,769
-
10,940
-
134,709
2022
£
193
2022
£
271
1,898
10,366
2,456
48,580
6,400
69,971		 2022
£
1,209,732
2022
£
123,769
-
10,940
-
134,709
2022
£
193
2022
£
271
1,898
10,366
2,456
48,580
6,400
69,971		 2021
£
-
2021
£
80,522
(625)
10,932
6,000
96,829
2021
£
-
2021
£
331
1,787
2,875
1,723
17,568
6,400
30,684

continued...

Page 14

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

6. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 7)
£
Support 53,828

7. SUPPORT COSTS

Management
£
Support
42,174
AUDITORS' REMUNERATION
Fees payable to the charity's auditors for the audit of the charity's
financial statements		 Governance
Finance
costs
£
£
5,345
6,309
2022
£
2,400		 Totals
£
53,828
2021
£
-

8. AUDITORS' REMUNERATION

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Page 15

continued...

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

10. EXCEPTIONAL ITEMS

This charity acquired the assets and liabilities of the former charity The Wareham Cottage Homes whose registered number at the Charity Commission was 201139.

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Other trading activities 96,829
EXPENDITURE ON
Raising funds 30,684
Charitable activities
Support 48,726
Total 79,410
NET INCOME 17,419
RECONCILIATION OF FUNDS
Total funds brought forward 696,077
TOTAL FUNDS CARRIED FORWARD 713,496

Page 16

continued...

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

12. TANGIBLE FIXED ASSETS

COST
At 1 January 2022
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021
13.
FIXED ASSET INVESTMENTS
MARKET VALUE
Additions
NET BOOK VALUE
At 31 December 2022
At 31 December 2021		 Freehold
property
£
790,782
1,050,000
1,840,782
91,301
6,400
97,701
1,743,081
699,481
Listed
investments
£
4,161
4,161
-

There were no investment assets outside the UK.

continued...

Page 17

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Other debtors
-
Prepayments and accrued income
1,501
1,501
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Bank loans and overdrafts (see note 17)
4,269
Other creditors
11,862
16,131
16.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022
£
Bank loans (see note 17)
74,978
17.
LOANS
An analysis of the maturity of loans is given below:
2022
£
Amounts falling due within one year on demand:
Bank loans
4,269
Amounts falling due between two and five years:
Bank loans - 2-5 years
17,075
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans due in more than 5 years by instalments
57,903		 2021
£
7,949
1,869
9,818
2021
£
3,603
1,988
5,591
2021
£
79,494
2021
£
3,603
14,413
65,081

continued...

Page 18

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

18. SECURED DEBTS

The following secured debts are included within creditors:

Bank loans
19.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS		 At 1/1/22
£
713,496
713,496

Incoming
resources
£
1,344,634
1,344,634		 2022
£
79,247
Net
movement
in funds
£
1,220,835
1,220,835
Resources
expended
£
(123,799)
(123,799)		 2021
£
83,097
At
31/12/22
£
1,934,331
1,934,331
Movement
in funds
£
1,220,835
1,220,835

continued...

Page 19

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

19. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/1/21
£
Unrestricted funds
General fund
696,077
TOTAL FUNDS
696,077
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
96,829
TOTAL FUNDS
96,829		 Net
movement
At
in funds
31/12/21
£
£
17,419
713,496
17,419
713,496
Resources
Movement
expended
in funds
£
£
(79,410)
17,419
(79,410)
17,419

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 At 1/1/21
£
696,077
696,077		 Net
movement
in funds
£
1,238,254
1,238,254		 At
31/12/22
£
1,934,331
1,934,331

continued...

Page 20

W H SAUNDERS & FRANK WAREHAM CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

19. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
1,441,463
1,441,463		 Resources
expended
£
(203,209)
(203,209)		 Movement
in funds
£
1,238,254
1,238,254

20. RELATED PARTY DISCLOSURES

A balance of £6,831 shown in debtors in 2021 was due from the entity that was taken over by this charity and therefore there is no corresponding balance this year.

Page 21

W H SAUNDERS & FRANK WAREHAM CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

INCOME AND ENDOWMENTS
Donations and legacies
Exceptional items
Other trading activities
Property rents
Rent losses from voids and bad debts
Service charges
Management charge
Investment income
Dividends
Total incoming resources
EXPENDITURE
Raising donations and legacies
Rates and water
Insurance
Communial expenses
Sundries
Routine maintenance
Depreciation of tangible fixed assets
Support costs
Management
Postage and stationery
Management expenses
Support worker
Carried forward		 2022
£
1,209,732
123,769
-
10,940
-
134,709
193
1,344,634
271
1,898
10,366
2,456
48,580
6,400
69,971
2,403
32,550
1,525
36,478		 2021
£
-
80,522
(625)
10,932
6,000
96,829
-
96,829
331
1,787
2,875
1,723
17,568
6,400
30,684
2,950
20,713
8,009
31,672

This page does not form part of the statutory financial statements

Page 22

W H SAUNDERS & FRANK WAREHAM CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Management
Brought forward
Office rent
Finance
Bank charges
Bank loan interest
Governance costs
Auditors' remuneration
Accountancy and legal fees
Total resources expended
Net income		 2022
£
36,478
5,696
42,174
72
5,273
5,345
2,400
3,909
6,309
123,799
1,220,835		 2021
£
31,672
5,499
37,171
72
6,194
6,266
-
5,289
5,289
79,410
17,419

This page does not form part of the statutory financial statements

Page 23