2023-03-31-accounts - Sir E D Walker Trust

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					2023 6	2022f
Turnover					251,549	257,394
Operating expenditure					(247,591)	(204,878)
Operating surplus					3,958	52,516
Investment Income					7,824	6,614
Interest and financing costs
Movement in fair value offinancial		instruments			(27,273)	2,987
Total comprehensive (deficit) Isurplus			for	the year	(15,491)	62,117
Brought forward Income and	Expenditure			Reserve	1,200,995	1,130,598
Transfer from Extraordinary	Repair	Reserve
Transfer from Revaluation Reserve					4,140	8,280
Carried forward income and	Expenditure			Reserve	1,189,644	1,200,995

		ST	ATEMENT OF FINANCIAL POSITION	ATEMENT OF FINANCIAL POSITION
			AS AT 31 INARCH 2023
			Notes	2023	2022
					E
Fixed assets
Tangible fixed assets				1,237,737	1,232,476
Investments				289,469	315,853
				1,527,206	1,548,329
Current assets
Trade and other debtors				7,322	3,849
Cash and cash equivalents				340,688	337,034
Creditors: amounts	falling	due
within one year			10	(12,399)	(10,904)
Net current assets				335,611	329,979
Total assets less current liabilities				1,862,817	1,878,308
Total net assets				1,862,817	1,878,308
Reserves
Income and Expenditure		Reserve		1,189,644	1,200,995
Extraordinary Repair Reserve				48,600	48,600
Revaluation Reserve				624,573	628,713
				1,862,817	1,878,308

				2023	2022
					6
Net cash generated	from operating	activities
(see Note 1)				31,620	71,579
Cash flow from investing activities
Purchase oftangible	fixed assets			(27,096)	(15,816)
Purchase of investments				(26,003)	(77,352)
Sale of investments				25,133	54,865
Net change in cash	and cash equivalents			3,654	33,276
Cash and cash equivalents at beginning			ofthe year	337,034	303,758
Cash and cash equivalents at end		ofyear		340,688	337,034
Note 1
Cash flow from operating activities
(Deficit) / Surplus for	the year			(15,491)	62,117
Unrealised loss in market value of investments				24,291	1,696
Depreciation charges				21,835	17,362
(Loss)/Profit on sale offixed asset investments				2,963	(4,683)
(Increase) / Decrease	in trade and other debtors			(3,473)	429
Increase / (decrease)	in trade and other creditors			1,495	(5,342)
Cash generated from	operations			31,620	71,579

			FOR THE	YEAR ENDED	31 MARCH 2023
4	Turnover
	Turnover is derived from				2023f	2022 F
	Contributions				235,529	241,474
	Rental income				16,020	10,920
	Donations and legacies					5,000
					251,549	257,394
	Voids for the year amounted	to			64,349	46,000
5	Investment income
					2023	2022
					6	E
	Dividends received				7,516	6,490
	Interest received				308	124
					7,824	6,614
6	Staff costs
	Staff costs were as follows:
					2023	2022
					6	6
	Wages and salaries				58,141	55,217
	Pension costs				1,675	1,615
	Social Security costs
					59,816	56,832
	The average number of full-time		equivalent	staff employed	by the charity was as follows:
	Administration
	Warden support
	Estate

Administration	Administration
Warden	support
Estate

7 Tangible Fixed Assets
					Plant and		Housing
					Equipment	Properties		Total
					6		F	E
Cost Irevaluation:
As at 31 March 2022					33,519		1,250,000	1,283,519
Additions					27,096			27,096
Disposals
As at 31 March 2023					60,615		1,250,000	1,310,615
Depreciation:
As at 31 March 2022					18,243		32,800	51,043
Charge for the year					5,435		16,400	21,835
As at 31 March 2023					23,678		49,200	72,878
Net book value:
At 31 March 2023					36,937		1,200,800	1,237,737
At 31 March 2022					15,276		1,217,200	1,232,476
Housing Properties were valued based on the			existing use, occupation, and			covenants on 3		August 2017 by
the Board, supported by a chartered		surveyor.	The land and		building content	of	the valuation	was 6430,000
and 6820,000 respectively.
Ifthe Housing Properties	had not been revalued,			they would	have been included		in the Balance Sheet at the
following histoncal cost —2023:6613,007(2022:				f613,007).

8	Investments	Investments
				2023	2022
				E	E
	UK based	investments (listed)
	Market value		at 1 April 2022	315,853	290,379
	Additions			26,003	77,352
	Equalisations and adjustments Disposals (proceeds f25,133,realised loss E2,982)			19 (28,115)	(50,182)
	Unrealised	loss in market value		(24,291)	(1,696)
	Market value		at 31 March 2023	289,469	315,853
	Historical	cost at 31 March 2023		285,562	284,578
9	Debtors
				2023	2022
				8	E
	Other debtors			7,322	3,849
				7,322	3,849
10	Creditors:	amounts falling due within one year
				2023	2022
				E	E
	Creditors	and	accruals	12,399	10,904
				12,399	10,904

				2023
Income
Contributions				235,529		241,474
Rental income				16,020		10,920
Donations and legacies						5,000
				251,549		257,394
Less overheads
Salaries and wages				58,141	55,217
Social security costs
Pension scheme contributions				1,675	1,615
Mobile warden				15,620	14,761
Telephone				1,451	1,320
Grounds				10,020	5,622
Council tax and water rates				20,680	20,908
Heating and lighting				38,667	37,629
Repairs and renewals				29,904	26,101
Borehole Investigation				16,362
Insurance				5,986	5,576
Sundries				14,571	6,858
Warden call system				2,478	1,756
Legal and professional		fees		6,184	6,267
Bookkeeping etc.				1,923	1,892
Reporting accountants'		remuneration		2,094	1,994
Depreciation				21,835	17,362
				247,591		204,878
Net operating surplus	for	the year		3,958		52,516
Other income
Bank deposit interest			308		124
Dividends			7,516		6,490
Profit on sale offixed asset investments					4,683
				7,824		11,297
Other Expenses
Loss on sale offixed asset investments				(2,982)
Net surplus for the year				8,800		63,813
Change in market value	of	investments		(24,291)		(1,696)
Overall (deficit)i surplus for the year				(15,491)		62,117
This page does not form	part ofthe Statutory		Accounts.