2023-12-31-accounts - William Berman's Trust

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								2023	2022
					Unrestricted	ResVicted	Endowment	Total	Total
					funds	fund	funds	funds	funds
				Notes	E	E	6	6	E
INCOME AND ENDOWMENTS
FROM
Charitable activities
Almshouse activity					135,746			135,746	125,576
Investment income				2	38,211	315		38,526	28,006
Total					173,957	315		174,272	153,582
EXPENDITURE ON
Raising funds
Investment management			costs		4,668			4,668	5,014
Charitable activities
Almshouse activity					108,351			108,351	81,433
Grants					36,000			36,000	22,000
Residents expenses					601	315		916	561
Total					149,620	315		149,935	109,008
					24,337			24337	44,574
Net gains/(losses)	on
investments					11,385		10,691	22,076	(119,349)
NET INCOME/(EXPENDITURE)					35,722		10,691	46,413	(74,775)
Transfers between		funds		13	14,602		~14,602)
Net movement in	funds				50,324		(3,911)	46,413	(74,775)
RECONCILIATION	OF FUNDS
Total funds brought		forward			368,754		2,010,207	2,378,961	2,453,736
TOTAL FUNDS CARRIED
FORWARD					419,078		2,006,296	2,425,374	2,378,961

						2023	2022
			Unrestricted	Restricted	Endowment	Total	Total
			funds	fund	funds	funds	funds
		Notes	E	f	E	E	f
FIXEDASSETS
Tangible assets		9			1,183,545	1,183,545	1,198,147
Investments		10	208,085		761,952	970,037	949,139
			208,085		1,945,497	2,153,582	2,147,286
CURRENT ASSETS
Debtors		11	7,093			7,093	7,281
Cash at bank			217,496		60,799	~278 295	235,635
			224,589		60,799	285,388	242,916
CREDITORS
Amounts falling due within one
year		12	(13,596)			(13,596)	(11,241)
NET CURRENT ASSETS			210,993		60,799	271,792	231,675
TOTAL ASSETSLESSCURRENT
LIABILITIES			419,078		2,006,296	2,425,374	2,378,961
NET ASSETS			419,078		2,006,296	2,425,374	2,378,961
FUNDS
Unrestricted	funds					419,078	368,754
Endowment	funds					2,006,296	2,010,207
TOTALFUNDS						2,425,374	2,378,961

			2023	2022
			6	E
Dividends	receivable		27,490	23,835
Accumulated income			3,271	2,507
HSBC deposit account interest			5	6
COIF deposit account		interest	7,183	1,608
Rathbones	account interest		577	50
			38,526	28,006
INCOME FROM CHARITABLE ACTIVITIES
			2023	2022
			f	E
Almshouse	activity
Contributions receivable			134,809	126,355
Losses	from vacancies		J4,6B2)	J2,620)
			130,127	123,735
Gas contributions		receivable	5,344	1,841
Laundry	charges		275
			135,746	125,576

		Direct	Grant	Support
		Costs (see	funding of	costs (see
		note 5)	activities	note 6)	Totals
		E	E	E	E
Almshouse	activity	92,031		16,320	108351
Grants			36,000		36,000
Residents	expenses	916			916
		92,947	36,000	16'320	145,267

									2023	2022
									E	E
	Rates and	water							3,457	3,265
	Insurance								2,912	2,577
	Light and	heat							14,416	9,122
	Repairs and		maintenance						14,844	16,119
	Cyclical repairs								2,995	4,140
	Extraordinary			repairs					27,979	6,084
	Gardening								5,650	6,500
	Carellne charges								3,203	2,419
	Sundry								218	192
	Cleaner								750	540
	Bad debts	written			off				262
	Telephone								743	808
	Residents	expenses							916	561
	Depreciation								14,602	14,602
									92,947	66,929
6.	SUPPORT	COSTS
									Governance
								Management	costs	Totals
								E	f	6
	Almshouse		activity					11,688	4,632	16320
	Support costs,			Included		in	the above, are as follows:
									2023	2022
									Almshouse	Total
									activity	activities
									6	f
	Trustees'	remuneration				etc			83
	Clerks fees								10,914	10,200
	Subscriptions								233	222
	Sundry expenses								458	161
	Independent		examination				fees		594	564
	Accountancy		fees						4,038	3,918
									16,320	15,065

Trustees' expenses
						2023	2022
						f	E
Trustees' expenses						83
The trustees expenses were in respect of reimbursement ofthree				trustees	travel	expenses.
COMPARATIVES FOR THE	STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted		Endowment	Total
			funds	fund		funds	funds
			E	E		f	E
INCOME AND ENDOWMENTS		FROM
Charitable activities
Almshouse activity			125,576				125,576
Investment Income			27,716		290		28,006
Total			153,292		290		153,582
EXPENDITURE ON
Raising funds
Investment management	costs		5,014				5,014
Charitable activities
Almshouse activity			81,433				81,433
Grants			22,000				22,000
Residents expenses			271		290		561
Total			108,718				109,008
			44,574				44,574
Net gains/(losses) on investments			(32,185)			(87,164)	(119,349)
NET INCOME/(EXPENDITURE)			12,389			(87,164)	(74,775)
Transfers between funds			14,602			~14,602)
Net movement In funds			26,991			(101,766)	(74,775)
RECONCILIATION OF FUNDS
Total funds brought forward			341,763			2,111,973	2,453,736
TOTAL FUNDS CARRIED FORWARD			368,754			2 010,207	2,378,961

				Freehold
				property
				E
COST
At 1January 2023 and 31December 2023				1,392,751
DEPRECIATION
At 1January 2023				194,604
Charge for year				14,602
At 31December	2023			209,206
NET BOOK VALUE
At 31December	2023			1,183,545
At 31December	2022			1,198,147
FIXEDASSET INVESTMENTS
				Listed
				investments
				E
MARKET VALUE
At 1January 2023				949,139
Additions				38,655
Disposals				(39,833)
Revaluations				22,076
At 31December	2023			970,037
NET BOOK VALUE
At 31December	2023			970,037
At 31December	2022			949,139
There were no Investment		assets outside the UK.
Cost or valuation	at 31December 2023 is represented		by:
				Listed
				Investments
				E
Accumulated revaluation		gains		423,971
Cost				546,066
				970,037

11.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
								2023	2022
								f	f
	Contributions	arrears						3,317	4,211
	Other debtors							71	71
	Prepayments	and accrued Income						3,705	2,999
								7,093	7,281
12.	CREDITORS:	AMOUNTS			FALLING DUE WITHIN ONE YEAR
								2023	2022
								f	f
	Contributions	received			in advance			4,552	4,610
	Accruals and	deferred		income				9,044	6,631
								13,596	~11 241
13.	MOVEMENT	IN FUNDS
							Net	Transfers
							movement	between	At
						At 1.1,23	in funds	funds	31.12.23
						f	f	f	f
	Unrestricted	funds
	Income Account					92,882	23,874	(30,398)	86,358
	Extraordinary	Repair		Fund		168,206	14,843		183,049
	Cyclical Maintenance			Fund		37,666	(2,995)		34,671
	Development	Fund				70,000		45,000	115p000
						368,754	35,722	14,602	419,078
	Endowment	funds
	Capital Account					1,580,014	4,022	(14,602)	1,569,434
	Miss Isobel Susan Emily				Field's Bequest	7,863	160		8,023
	Capital Recoupment		Fund			422,330	6,509		428,839
						2,010,207	10,691	~14,602)	2,006,296
	TOTAL FUNDS					2,378,961	46,413		2,425,374

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	f
Unrestricted funds
Income Account			170,686	(146,625)	(187)	23,874
Extraordinary Repair	Fund		3,271		11,571	14,843
Cyclical Maintenance	Fund			~2,995)		~2,995)
			173,957	(149,620)	11,385	35,722
Restricted funds
Miss Isobel Susan Emily Field's		Bequest
Income Fund				(315)
Endowment funds
Capital Account					4,022	4,022
Miss Isobel Susan Emily Field's		Bequest			160	160
Capital Recoupment	Fund				6,509	6,509
					10,691	10,691
TOTAL FUNDS			174,272	~149,935)	22,076	46,413
Comps ratives for movement		In funds
				Net	Transfers
				movement	between	At
			At' 1.1.22	in funds	funds	31.12.22
			E	E	E	E
Unrestricted funds
Income Account			103,703	44,577	(S5,398)	92,882
Extraordinary Repair	Fund		196,254	(28,048)		168,206
Cyclical Maintenance	Fund		41,806	(4,140)		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 Isobel Susan Emily Field's Capital Recoupment Fund		Bequest	8,263 481,978	(400) ~59,648)		7,863 422,330
			2,111,972	(87,164)	(14,602)	~2010,207
TOTALFUNDS			2,453,736	(74,775)		2,378,961

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		6	E	E	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 Emfly 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)

		2023	2022
		E	E
INCOME AND ENDOWMENTS
Investment Income
Dividends receivable		27,490	23,835
Accumulated Income		3,271	2,507
HSBC deposit account interest		5	6
COIF deposit account Interest		7,183	1,608
Rathbones account Interest		577	50
		38,526	28,006
Charitable activities
Contributions receivable		134,809	126,355
Losses from vacancies		(4,682)	~2,620)
		130,127	123,735
Gas contributions receivable		5,344	1,841
Laundry charges		275
		135,746	125,576
Total Incoming resources		174,272	153,582
EXPENDITURE
Investment management	costs
Investment management	costs	4,668	5,014
Charitable activities
Rates and water		3,457	3,265
Insurance		2,912	2,577
Light and heat		14,416	9,122
Repairs andmaintenance		14,844	16,119
Cyclical repairs		2,995	4,140
Extraordinary repairs		27,979	6,084
Gardening		5,650	6,500
Carellne charges		3,203	2,419
Sundry		218	192
Cleaner		750	540
Bad debts written off		262
Telephone		743	808
Residents expenses		916	561
Freehold property		14,602	14,602
Grants to Institutions		36,000	22,000
		128,947	88,929

				2023	2022
				E	f
Support costs
Management
Trustees' expenses				83
Clerks fees				10,914	10,200
Subscrlptlons				233	222
Sundry expenses				458	161
				11,688	10,583
Governance	costs
Independent	examination		fees	594	564
Accountancyfees				4,038	3,918
				4,632	4,482
Total resources	expended			149,935	109,008
Net income before gains and losses				24,337	44,574
Realised recognised		gains	and losses
Realised gains/(losses)		on	fixed asset investments	2,042	9,463
Net income				26,379	54,037