2022-12-31-accounts - William Berman's Trust

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								2022	2021
					Unrestricted	Restricted	Endowment	Total	Total
					funds	fund	funds	funds	funds
				Notes	f	f	f	f
INCOME AND ENDOWMENTS
FROM
Charitable activities
Almshouse activity					125,576			125,576	124,907
Investment income					27,716	290		28,006	25,484
Total					153,292	290		153,582	150,391
EXPENDITURE ON
Raising funds
Investment management			costs		5,014			5,014	5,203
Charitable activities
Almshouse activity					81,433			81,433	85,007
Grants					22,000			22,000	14,000
Residents expenses					271	290		561	490
Total					108,718	290		109,008	104,700
Net gains/(losses)	on
investments					(32,185)		(87,164)	(119,349)	89,298
NET INCOME/(EXPENDITURE)					12,389		(87,164)	(74,775)	134,989
Transfers between		funds		13	14,602		(14,602)
Net movement in	funds				26,991		(101,766)	(74,775)	134,989
RECONCILIATION	OF FUNDS
Total funds brought		forward			341,763		2,111,973	2,453,736	2,318,747
TOTAL FUNDS CARRIED
FORWARD					368,754		2,010,207	2,378,961	2,453,736

						2022	2021
			Unrestricted	Restricted	Endowment	Total	Total
			funds	fund	funds	funds	funds
		Notes	f	f	f	f	f
FIXED ASSETS
Tangible assets		9			1,198,147	1,198,147	1,212,749
Investments		10	193,430		755,709	949,139	1,063,458
			193,430		1,953,856	2,147,286	2,276,207
CURRENT ASSETS
Debtors			7,281			7,281	4,111
Cash at bank			179,284		56,351	235,635	185,404
			186,565		567351	242,916	189,515
CREDITORS
Amounts falling due within one
year		12	(11,241)			(11,241)	(11,986)
NET CURRENT ASSETS			175,324		56,351	231,675	177,529
TOTAL ASSETS LESSCURRENT
LIABILITIES			368,754		2,010,207	2,378,961	2,453,736
NET ASSETS			368,754		2,010,207	2,378,961	2,453,736
FUNDS		13
Unrestricted	funds					368,754	341,763
Endowment	funds					2,010,207	2,111,973
TOTAL FUNDS						2,378,961	2,433,736

							2022f	2021 f
	Dividends	receivable					23,835	23,417
	Accumulated income						2,507	2,059
	HSBCdeposit account interest						6
	COIF deposit account		interest				1,608
	Rathbones	account interest					50
							28,006	25,484
3.	INCOIVIE FROM CHARITABLE ACTIVITIES
							2022f	2021 f
	Almshouse	activity
	Contributions receivable						126,355	126,368
	Losses	from vacancies					(2,620)	(1,461)
							123,735	124,907
	Gas contributions		receivable				1,841
							125,575	124,907
4.	CHARITABLE ACTIVITIES COSTS
				Direct		Grant	Support
				Costs	(see	funding of	costs (see
				note 5) f		activities f	note 6) f	Totals f
	Almshouse	activity		66,368			15,065	81,433
	Grants					22,000		22,000
	Residents	expenses			561			561
				66,929		22,000	15,065	103,994

5.	DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES
					2022	2021
					E	f
	Rates and water				3,265	1,250
	Insurance				2,577	2,487
	Light and heat				9,122	10,040
	Repairs and maintenance				16,119	13,931
	Cyclical repairs				4,140	2,290
	Extraordinary repairs				6,084	16,000
	Gardening				6,500	6,225
	Careline charges				2,419	2,109
	Telephone				808	809
	Cleaner				540	966
	Sundry expenses				192	113
	Residents expenses				561	490
	Depreciation				14,602	14,602
					66,929	71312
6.	SUPPORT COSTS
					Governance
				Management f	costs f	Totals f
	Almshouse activity			10,585	4,482	15,065
	Support costs, included	in	the above, are as follows;
					2022	2021
					Almshouse
					activity	Total
					E	E
	Clerks fees				10,200	9,724
	Sundry expenses				383	261
	Independent examination		fees		564	540
	Accountancy fees				3,918	3,660
					15,065	14,185

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Endowment	Total
				funds	fund	funds	funds
				f	f	f	f
INCOME AND ENDOWMENTS			FROM
Charitable activities
Almshouse activity				124,907			124,907
Investment income				25,221	263		25,484
Total				150,128	263		150,391
EXPENDITURE ON
Raising funds
Investment management		costs		5,203			5,203
Charitable activities
Almshouse activity				85,007			85,007
Grants				14,000			14,000
Residents expenses				227	263		490
Total				104,437	263		104,700
Net gains on investments				15,545		73,753	89,298
NET INCOIVIE				61,236		73,753	134,989
Transfers between	funds			14,602		(14,602)
Net movement in funds				75,838		59,151	134,989
RECONCILIATION OF FUNDS
Total funds brought	forward			265,925		2,052,822	2,318,747
TOTAL FUNDS CARRIED FORWARD				341,763		2,111,973	2,453,736

9.	TANGIBLE FIXEDASSETS
				Freehold
				property f
	COST
	At 1January 2022 and 31	December 2022		1,392,751
	DEPRECIATION
	At 1January 2022			180,002
	Charge for year			14,602
	At 31December 2022			194,604
	NET BOOK VALUE
	At 31December 2022			1,198,147
	At 31December 2021			1,212,749
10.	FIXEDASSET INVESTMENTS
				Listed
				investments
				f
	MARKET VALUE
	At 1January 2022			1,063,458
	Additions			17,878
	Disposals			(12,&48)
	Revaluations			(119,349)
	At 31December 2022			949,139
	NET BOOK VALUE
	At 31December 2022			949,139
	At 31December 2021			2,063,438
	There were no investment	assets outside the UK,
	Cost or valuation at31December 2022 is represented		by:
				Listed
				investments
				f
	Accumulated revaluation	gains		403,937
	Cost			545,202
				949,139

11.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
							2022	2021
							f	f
	Contributions	arrears					4,211	2,511
	Other debtors						71	71
	Prepayments	and accrued income					2,999	1,529
							7,281	4,111
12.	CREDITORS'	AMOUNTS		FALUNG DUE WITHIN	ONE YEAR
							2022	2021
							f	f
	Contributions	received		in advance			4,610	5,087
	Other creditors							429
	Accruals and	deferred	income				6,632	6,470
							11,242	11,986
13.	MOVEMENT	IN FUNDS
						Net	Transfers
						movement	between	At
					At 1,1,22 f	in funds f	funds f	31.12.22 f
	Unrestricted	funds
	Incom eAccount				103,703	44,577	(55,398)	92,882
	Extraordinary	Repair	Fund		196,254	(28,048)		168,206
	Cyclical Maintenance		Fund		41,806	(47140)		37,666
	Development	Fund					70,000	70,000
					341,763	12,389	14,602	368,754
	Endowment	funds
	Capital Account				1,621,732	(27,116)	(14,602)	1,580,014
	Miss lsobel Susan Emily			Field's Bequest	8,263	(400)		7,863
	Capital Recoupment		Fund		481,978	(59,648)		422,330
					2,111,973	(87,164)	(14,602)	2,010,207
	TOTAL FUNDS				2,453,736	(74,775)	-	2,373,561

		Incoming	Resources	Gains and	Movement
		resources f	expended E	losses f	in funds E
Unrestricted funds
Income Account		150,785	(98,494)	(7,714)	44,577
Extraordinary Repair	Fund	2,507	(6,084)	(24,471)	(28,048)
Cyclical Maintenance	Fund		(4,140)		(4,140)
		153,292	(108,718)	(32,185)	12,389
Restricted funds
Miss Isobel Susan Emily Field's Bequest
Income Fund		290	(290)
Endowment funds
Capital Account				(27,116)	(27,116)
Miss isobel Susan Emily Field's Bequest				(400)	(400)
Capital Recoupment	Fund			(59,648)	(59,648)
				(87,164)	(87,164)
TOTAL FUNDS		153,582	(109,008)	(119,349)	(74,775)

			Net	Transfers
			movement	between	At
		At 1.1.21	in funds	funds	31.12.21
		E	f		E
Unrestricted funds
Income Account		88,979	63,691	(48,967)	103,703
Extraordinary Repair	Fund	152,850	(165)	43,569	196,254
Cyclical Maintenance	Fund	24,096	(2,290)	20,000	41,806
		265,925	61,236	14,602	341,763
Endowment funds
Capital Account		1,610,132	26,202	(14,602)	1,621,732
Miss Isobel Susan Emily Field's Bequest		7,610	653		8,263
Capital Recoupment	Fund	435,080	46,898		481,978
		2,052,822	73,753	(14,602)	2,111,973
TOTAL FUNDS		2,318,747	134,989		2,453,735

		Incoming	Resources	6ains and	Movement
		resources	expended	losses	in funds
			f	f	f
Unrestricted funds
Income Account		148,069	(86,147)	1,769	63,691
Extraordinary Repair	Fund	2,059	(16,000)	13,776	(165)
Cyclical Maintenance	Fund		(2,290)		(2,290)
		150,128	(104,437)	15,545	61,236
Restricted funds
Miss Isobel Susan Emily Field's Bequest
Income Fund		263	(263)
Endowment funds
Capital Account				26,202	26,202
Miss Isobel Susan Emily Field's Bequest				653	653
Capital Recoupment	Fund			46,898	46,898
				73,753	73,753
TOTAL FUNDS		130,391	(104,700)	89,298	134,989
Income Account

		2022	2021
		E	E
INCOME AND ENDOWMENTS
Investment income
Dividends receivable		23,835	23,417
Accumulated income		2,507	2,059
HSBCdeposit account interest		6
COIF deposit account interest		1,608
Rathbones account interest		50
		28,006	25,484
Charitable activities
Contributions receivable		126,355	126,368
Losses from vacancies		(2,620)	(1,461)
		123,735	124,907
Gas contributions receivable		1,841
		125,576	124,907
Total incoming resources		153,582	150,391
EXPENDITURE
Investment management	costs
investment management	costs	5,014	5,203
Charitable activities
Rates and water		3,265	1,250
Insurance		2,577	2,487
Light and heat		9,122	10,040
Repairs and maintenance		16,119	13,931
Cyclical repairs		4,140	2,290
Extraordinary repairs		6,084	16,000
Gardening		6,500	6,225
Careline charges		2,419	2,109
Telephone		808	809
Cleaner		540	966
Sundry expenses		192	113
Residents expenses		561	490
Depreciation		14,602	14,602
Grants to institutions		22,000	14,000
		88,929	85,312

					2022	2021
					f	E
Support costs
Management
Clerks fees					10,200	9,724
Sundry expenses					383	261
					10,583	9,985
Governance	costs
independent	examination			fees	564	540
Accountancy	fees				3,918	3,660
					4,482	4,200
Total resources expended					109,008	104,700
Net income before		gains and losses			44,574	45,691
Realised recognised		gains		and losses
Realised gains/(losses)			on	fixed asset
investments					9,463	41,938
Net income					34,037	87,629