2023-12-31-accounts - The Willie Almshouse Charity

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						2023	2022
				Unrestricted	Restricted	Tota I	Total
				funds	fund	funds	funds
			Notes	E	E	6	f
INCOME AND ENDOWMENTS		FROM
Charitable activities
Almshouses activity				40,592		40,592	38,455
Investment income				942		942	222
Tota I				41,534		41,534	38,677
EXPENDITURE ON
Charitable activities
Almshouses activity				37,066		37,066	18,319
				4,468		4,468	20,358
Net gains on investments				10,183		10,183	1,285
NET INCOME				14,651		14,651	21,643
Other recognised gales/(losses)
Gains on revaluation	offixed	assets		253,393		253,393
Net movement In funds				268,044		268,044	21,643
RECONCILIATION OF FUNDS
Total funds brought	forward			983,389	107,988	1,091,377	1,069,734
TOTAL FUNDS CARRIED FORWARD				1,251,433	107,988	1,359,421	1,091,377

								2023		2022
				Unrestricted		Restricted		Total		Total
				funds		fund		funds		funds
			Notes	E		E		E		E
FIXED ASSETS
Tangible assets			9	1,022,069		107,988		1,130,057		876,664
Investments			10	174,203				174,203		164,020
				1,196,272		107,988		1,304,260		1,040,684
CURRENT ASSETS
Debtors				21,695				21,695		10,156
Cash at bank				35,744				35,744		43,365
				57,439				57,439		53,521
CREDITORS
Amounts falling	due within one year		12	(2,278)				(2,278)		(2,828)
NET CURRENT ASSETS				55,161				55,161		50,693
TOTAL ASSETS LESSCURRENT LIABILITIES				1,251,433		107,988		1,359,421		1,091,377
NET ASSETS				1,251,433		107,988		1,359,421		1,091,377
FUNDS			13
Unrestricted funds								1,251,433		983,389
Restricted funds TOTAL FUNDS The finangial statements were „, ! a; I, g'„„, .„',/„. . .. and were		approved signed on	by the its behalf	Board by:	of	Trustees	and	107,988 1359421 authorised	for	107,988 1091377 issue on

					2023	2022
					f	f
	COIF deposit	account interest			942	222
3.	INCOME FROM CHARITABLE ACTIVITIES
					2023	2022
					f	f
	Almshouse activity
	Contributions	receivable			42,031	38,455
	Losses from	vacant properties			(1,439)
					40,592	38,455
4.	CHARITABLE	ACTIVITIES COSTS
				Direct	Support
				Costs (see	costs (see
				note 5) f	note 6) f	Totals f
	Almshouses	activity		31,428	5,638	37,066
5.	DIRECT COSTS OF		CHARITABLE ACTIVITIES
					2023	2022
					f	f
	Vacant property costs				104
	Water charges				758
	Insurance				1131	1,142
	Light and heat				300
	Repairs and	maintenance			4,090	3,029
	Cyclical repairs					6,720
	Extraordinary	repairs			21,846
	Gardening				2,920	1,940
	Sundry expenses				40	215
	Bad debtvvrftten		off		239
					31,428	13,046

	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	COMPARATIVES FOR THE STATEMENT OF FINANCIAL
				Unrestricted		Restricted	Total
				funds		fund	funds
				E		E	E
	INCOME AND ENDOWMENTS		FROM
	Charitable activities
	Almshouses activity			38,455			38,455
	Investment income				222		222
	Tata I			38,677			38,677
	EXPENDITURE ON
	Charitable activities
	Almshouses activity			18,319			18,319
				20,358			20,358
	Net gains on investments			1,285			1,285
	NET INCOME			21,643			21,643
	RECONCILIATION OF FUNDS
	Total funds brought	forward		961,746		107,988	1,069,734
	TOTAL FUNDS CARRIED FORWARD			983,389		107,988	1,091,377
9.	TANGIBLE FIXED ASSETS
							Housing
							properties
							E
	COST OR VALUATION
	At 1January 2023						876,664
	Revaluations						253,393
	At 31December 2023						1,130,057
	NET BOOK VALUE
	At 31December 2023						1,130,057
	At 31December 2022						876,664

MOVEMENT IN FUND	S
				Net	Transfers
				movement	between	At
			At 1.1.23	in funds	funds	31.12.23
			E	E	E	E
Unrestricted funds
Accumulated Income			49,469	6,101	(17,305)	38,265
Property Reserve			201,874			201,874
Property Revaluation Alfred Ward Trust	Reserve		566,802 361	253,393		820,195 361
Cyclical Maintenance	Reserve		37,338	1,785	7,028	46,151
Extraordinary Repair	Reserve		50,234	2,710	4,277	57,221
Long Term Development		Reserve	77,311	4,055	6,000	87,366
			983,389	268,044		1,251,433
Restricted funds
Maldon District Council		Grant Reserve	107,988			107,988
TOTALFUNDS			1,091,377	268,044		1,359,421

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				E	E	f	E
Unrestricted	funds
Accumulated	Income			41,534	(37,066)	1,633	6,101
Property Revaluation		Reserve				253,393	253,393
Cyclical Maintenance		Reserve				1,785	1,785
Extraordinary	Repair	Reserve				2,710	2,710
Long Term Development			Reserve			4,055	4,055
				41,534	(37,066)	263,576	268,044
TOTAL FUNDS				41,534	(37,066)	263,576	268,044

		2023	2022
		6	6
INCOME AND ENDOWMENTS
Investment income
COIF deposit account interest		942	222
Charitable activities
Contributions receivable Losses from vacant properties		42,031 J1,439)	38,455
		40,592	38,455
Total incoming resources		41,534	38,677
EXPENDITURE
Charitable activities
Vacant property costs Water charges Insurance		104 758 1131	1,142
Light and heat Repairs and maintenance Cyclical repairs Extraordinary repairs Gardening Sundry expenses Bad debt written off		300 4,090 21,846 2,920 40 239	3,029 6,720 1,940 215
		31(428	13,046
Support costs
Management Administration fees		3,780	3,571
Subscriptions		196	187
		3,976	3,758
Governance costs
Independent examination Accountancy fees	fees	174 1,488	156 1,359
		1,662	1,515
Total resources expended		37,066	18,319
Net income		4,468	20,358