THE POORS LAND CHARITY
(W(K)DLEY SANDFORD & CHARVIL CHARITABLE TRUST
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR TO 31st DECEMBER 2020

TF￿ POORS, LAND CHARITY
ST
ANNUAL REPORT FOR THE YEAR TO 3 1 DECEMBER 2020
The Trustces".
Mrs Pyduline Allen (Chainnan - 5 year terni of office to
l O July 2021) - Co-opted
Mr Rodney Huggins {Vicc£hainnan - 5 Y￿ tenn of
ofFice to 10 January 2025) - Co-opted
Mr Michael Mitchell (5 year tenM of office to 25th
Febnwy 2024}- Co-optcd
Mr5 Sonia Boyles (5 year tenn of office to 3 Octob
2022) - Co-opted
Mrs Jane Batts (5 year terni of office to 26 ' Fcbnjary
20A? )_ Co-opted
Mrs Shelagh Flower (4 year terni of office to 31" May
2024)- Woodley Town Council
M5 Jennifer Cheng (4 year tern] of office to 31", May
2024) - Woodley Town Council
Mr David Mills (4 year term of office to 5 June 2022)-
Woodley Town Council
Mrs Beth Rowland (Term of offic¢ from 10 ' Dccembcr
2019 to 5 ' June 2022) - Woodley Town Council
Mrs Lauren Mccann (4 year ter￿ of office to 8 May
2022)- Charvil Patish Council
Mr Abdul Loyes (4 year tern] of office to 31" May 2023)
- Wokin ham Borou
h Council
Mrs E M Fidler
Clerk to the Trustees".
Office Address..
4 Tiverton Close
Woodley
Reading
RG5 3BE
Lloyds Bank Pl
Bracknell
Bcrkshire
Nigel Hunt
Thompson Leatherdale
61 London Street
Reading
RGI 4PS
ChristophcT Tapp RIBA
Bankrys:
Solicitors:
Architect=
Auditor and Accow]ting & Tax Advisers..
Edwin Smith
32 Queens Road
Reading
Bcrkshire
242574
ESA2366
Chari
Commission re
istration number=
ulator of Social Housin
re
istration number:

THE POORS, LAND CHARrrY
ST
ANNUAL REPORT FOR THE YEAR TO 31 DECEMBER 2020
Back
lu its CUETent forni The Poor's Land Charity {Woodley, Sandford and Charvtl Charilablc
TDJst} was established on the I l July, 1972 and previously was known as the Fuel
Allotment Cknty. Allottnent land belonging to the c.harity in Woodley was used for
providing thel which was allocated to those in need who were residenf in tbe parishes of
Woodley, SandfoTd and Chatvil. In 1990 the Charity Cominissioncr8 approved a scheme
for th¢ regulation of the Charity.
In the 1970s the allotment land was sold and the proceeds used to purchase and develop a
parcel of land and provide residenÉial properties in Woodley. This site was called Cedar
Place and situated in Loddon Bridge Road. Woodley. Fourteen flats and four bungalows
were constructed from 1979 to 1993 to pi"ovid¢ Almshouses for the poor. An adjacent
bungalow was purchased in 2000 to factlitate the ￿tllre development of Cedar Plac¢.
Ob'eedves
The governing scheme empowered the Trustees to relieve hardship by:"
(a)
Housing persons in need in purpose built accommodation (Almsbouses).
Tlie occupiers were dTawn from within the parish¢5 of Woodley, Sandford and
Charvil.
(b)
Making donations ill kind to residents of Woodley, Sandford alld Charvil and
adjacettt parishes as "Relief in Need"
(c)
Applying income for the general benefit of residents ot Woodley, Sandford and
Charvil and adjacent paiishes.
anisation
The Poor's Land Charity was served by eleven Trustee8 during the year, of whon) five
were co-opted and six were nominated appointhients.
At a meeting held on 22 January, 2020 Mrs Pathine Allen was re-appointed as Chairn]an
and Mr. Rodney Huggins re-appoitlted as Vice Chairn]all. Mr. David Fidlcr agreed to
continue as Treasurer in a non-TTUStee position. Mrs. Allen continued as the representative
of the Earley Day Ccntre. Mr Rodney Hllggius agreed to renew his appointmcnt foi
anotlier five years to 10 January 2025,
The Tnjstees IDet regulaj'ly to disciiss and agree tlie n]anageineDt of the Charity. Ten
mectings were held in 2020 and a MiiLUte Book was maintained. Due to the Covidl 9
pand￿￿1¢ Trustce ineetings trom March 2020 onwaTd5 were held Temotely with oii-line
attelldallce.
Policies & Procedures
Tbe Complaints proccdure was amcndcd to bring it into line with the Hou.sing
Ombudsman's Complaint Handling Code re1¢2sed in July 2020 and the resident's
handbook was updated to include the Code.

THE POORS. LAND CHARITY
ST
ANNUAL RF.PORT FOR THE YEAR TO 3 1 DECEMBER 2020
of Public Beneflt
Dellve
Housin
Wokingham District Council provided funding for the constrnction of ten flats and hold
the iioinination riglits for five of these flats for a period of 60 years from 13 October,
1978. This proviso was documented in the mortgage deed (the moitgage loan was i'epaid
in 2004}. Planning pemission relating to the four flats and four bungalows built in 1993
included a claiise to the effect that applicant5 bad to be Ov￿. 60 year8 of age. Whilst there
was no age restrictlOD for the ten flats built in l979, they were built with the elderly in
mind.
In total there are eighteen Almshouse units, consisting of fourteen flats and four
bungalows administered by the Charity. All residents had originally beell appointed by
the Trustees from the parislies of Woodley, Sandford and Charvil oi. had beeD norninated
by Wokingham Borough Coulluil as I￿ProP[Lat¢. Thcie Wds Olle VdLaiit unit at 31
December 2020.
Maintenance Charges were increased fi'oin I" Marcli 2020 in line witli statutory
requireinents applicable to registered housing PToviders and an Cqualisation policy
introduced in 2015.
Charitable Su
In addition to inanaging the Almshouses the Tn￿tee8 considered applications for Relief in
Need. Thirteen requests were received by the Tn￿LeeS in 2020 <Llld a iotal of £7.448 was
paid out for relief in need including £1,250 to local organisations. Typically requests to
belp young families were for 'white' goods, beds flooring. The Trustees also made
three donations totalling £1,500 to local OTganisations to support their efforts in tackling
the impact of Covidl 9. A pledge of £600 has been carried forward to 202E in respect of a
contribution to the Gost of a wELeelchair.
Develo
ment ActivltRes
Following num¢TOllS problems witii the heating and hot water system the Trustees agreed
to replace the existing boiler8, Wilter cylinders and desLaiillg units. The work was
completed by the autumn at a cost of £84,053. Further work to COt￿eCt imjnersion heaters
in all flats wid replacc outdated clectricity conwmei. units in nine fl¢Lts was completed at a
cost ot £7,884. Other development activtties in th¢ year :.
Management of the property at 223 tL>ddon Bridge Road, Woodley c4)ntinued with
a local estate agent who maintained regular contath with the Charity concerning the
maintenance of the property.
An application for a concessionary TV licence for all residents was approved by
TV Licensing effective from I" January 2020.
Energy perfonnance certificates (EPCS) were renewed to meet the new regulatory
requirements.

THE POORS. LAND CHARrrY
ANNUAL REPORT FOR THE YEAR TO 31 DF.CEMBER 2020
ment Activlties
Continued
Develo
Activitic5 in 2020 were curtailed by the impact of Covidl 9 but the following took place.'_
A vaeaiit fl&t's kitchen was replaced, Ca￿et replaced and dccoi'ated at a cost of
£7.117. Complction was delayed by the need to comply with Covidl 9 rules.
The a[￿UaL inspection of gas cookers. fire extinguishers &lld alann systthn had
taken place and the certificates obtained.
Each re5idcnt rcceived a gift voucher at Christmas. The honoTary and deputy
wardens who stood down in the year were givetl an extra gift voucher in
appreciation of their service.s.
External lighting and CCTV inSt￿led to improv¢ Sec￿lty
C,omputer resoui.ces wcre updated and IT support extended.
The rear lawn was extended by clearing scrnb and removing an old shed.
A survey of resident's interest in byoadband was completed.
Financial Review
Tbc financial results for the year show a Housing surylus of £8,891 and an overall ,￿u￿]uS
of £50,534. Managed investmeTJt funds decreased in value in the year by £55,113 prllnarily
due to thc withdrawal of £39.566 to part finance the cost of thc irnprovements to the heating
and hot water system.
Reserves Polie
The TThstees were aware tliai the Charity must balance the need to build surricient rescrves
to mallitaill fmancial sthility wiLb meeting the costs of delivering its ch￿table objectives.
Tbe target was to retain sufficient liquid fimds to meet three months, revenue expendil)Jre.
which the Trustees believed would ￿lable the Charity to continue to opcrate should theTC bc
any unexpected intem]ptt'ons to regular fullding. At 31" Decen]ber 2020, net current assets
were £21.194 (2019.. £38,859) ill lillc viith thc t￿.get.
PAULtNE ALLEN
Chairm#n ot the Trustces
Dated: a ?-

THE POOR'S LAND CHARrrY
rNDEPENDENT AUDfroR'S REPORT TO THE TRUSTEES OF THE CFIARrri
We bave auditcd the fillallcial slatcments of The Poor's Land c1￿}ty for tl)e year CEEdcd 31
Dcccmbcr 2020 which comprise the Statement of Finartcial ActiNryties, the Balance Sheet and thc
related notes. The financial reporting fram¢woTk that has been applied in their preparation is
appli¢able law ￿ld Unilcd Kingdotn Accounting Standar& Iunited Kingdom CJ¢nernlly Ac¢epted
Accounting Prnctice).
This report is n￿Le solely to the c]￿lLY'S tnjstees, as a body, ill accordance witb section 145 of the
Charities Act ?01 R attd thc rcgulations madc under scction 154 of that Act. Our audit WOTk llls
been undertakui so that we might state to the charity's tmstees those matters we are required to
state to tliem iii an allditor's rcport and for no odicr Pu￿oSe. To fullest extent pcnnitted by law,
we do not accept or assume responsibility to anyone other than the chaTity's trustees as a body, for
our audit work, lor this reporl OT for the opinions we have fonned.
Re.Ipvttive i'e.fl)nlT.IEhilElie.f nf trii.flee.f aiiditnr
As explaiiied more fillly iii the Tn]bte&%' Resp(iiisibiliti&g StatemeJJL the trustees ate respons1￿le for
the prei)aratiThn nf financial .51￿MenL8 which give a true and fair view.
We have been appotnted as auditor under se£tion 145 of tlie Chariti&s Act 2011 and report in
accoTdwice with regulations made under sectio]] 154 of that Acl. Our responsibtltty is to audtt alld
expr&qs att opinion on th¢ financial sratements in a¢¢ordatt¢e with applicable law and Intcmational
Standaxds on Auditing (UK and Ireland). Those standards ryuire u5 to comply wtth th¢ Auditing
Practices Board's {APB's) Ethical Standards for Allditorg.
Sc'(Ipe n/'tlie aiidil nfilie ftpianciol,Ylafepneiit.
A desctiption of the gcopc of an audit of fI[￿1ClaI statefftntnts is provided Oll the FRC'S wcbsitc at
tn our opinion the financial statem¢nts:
give a tru¢ and fair view of the state of the cbaTiry'S affairs as at 31" December 2020, and of its
incotntng resources and application of resourccs, for the ycar th¢n cnded.,
havc bccn propcrly pr£parcd in accordancc with Unitcd Kingdom Generally Accepted
Accounting Pi?ctice' and
have been prepared in accordance with the requirements of the Chariti¢s Act 2011.

THE POOR'S LAND CHARITY
INDEPENDENT AUDrroR'S REPORT TO THE TRUSTEES OF THE CHARITY
Malter.9 071 Trvhirh ive arv requireil io repori h}, e.Kcvplioii
We have nothing to report in respert of the following matters where the Charities Act 2011
requires us to report to you if. in our opinion..
the infonnation given in the Trustees, Annual Report is inconsistent in any material tr$p￿t
witkn the financial stat¢m¢iits'
sufficient accounting records hav¢ not been kept.
thc fllwicial ststcm¢tLtS are not ttt agreement with the accounting records ayd remrns. or
we h&ve not rec¢tv¢d all the infonnation alld explanations w¢ requTre for our audit.
Ediiyiii Sniith
Chap-ÉeF'edAccountants ond Slathfoi), AudEtor
32 Queeiis Road
ReadiFtg
Bw.hhiF-e
RGI 4AU
Date
2&1gl
Edwin SiThith is eli￿￿1¢ to art as an auditor in ternis of section 1212 of thc Companies Act 2006.

THE POOR'S LAND CEL4RITY
INCOME AND E￿ENDITURE ACCOVFry FOR THE YEAR TO 31ST DECEMBER Z020
2019
2020
TURFIOVER
62,762
583
GTOSS niaillteDallce charges receivable
Le$s'. Voids
66,125
1,965
64.160
13,855
280
62,179
14,305
310
Net tnaInt￿iaHcC charges
Utiliry charges reccivable
Storage ullit ients received
76,794
OPERATING COSTS
33,665
8,573
33,840
Services
Management
Routine t[￿￿t¢￿an¢t
Extr1￿[dI￿ary irpairs
33,119
9,649
26,637
76,Q78
69,405
7l6
OPERATtNG SURPLUS
8,890
69,815
ProfitllLoss) on T¢valuation of fixed assei illvesttneDts
ProfitllLoss) ot) ttv&luation of propeiry investn]entb' {#ote 21111)
llltCTeSt re¢eivable atkd OEher income Inoie 9)
tnterest payable arkd similar cbarges
sU￿[us on ordinary activities before taxation
Taxation vn surplus on or(bnary a¢tivities (note I l)
GROSS SURPLUS FOR THE YEAR
14,130
35,517
36,462
106,048
59,48?
106,048
59,482
(6,233)
RELIEF tNNEED GL4NTS & DONATIONS
{8,9481
50.534
99,815
NET SURPLUS FOR THE YEAR
MOVEMENT ON RESERVES
1.728,922
Balance brought fotward
1,818.16?
99,815
Net surplus for thr year
50.534
Net (raD6fers fronV(iol'.
Ruildittg Fund
ExLr&ord3nary maintenance reserve
10,575
1.818,162
37.811
1,906.507
All the aetivities of thc Charity durinu the two years 8r¢ cOnti￿u1ng activities.
These accounts were approved by the TTUStc¢s on I
and signed ou their behdlf by:
airniatJ- P Atlen
Tn￿Ce- R Huggins

ThE POOR'S LAND CHARITY
BALANCE SHEET AS AT 31ST DECEMBER 2020
2019
2020
FIXED ASSETS
1.101,198
Fteehold housi￿ properties ￿ LOSI (note 2)
I,101,198
46,846
1.236.160
2.384.204
Pmperty ImprOven￿nts 2)
Investn￿nts {uote 3)
TOTAL F￿ED ASSETS & INVESTMENts
138.726
1,181,047
2.420,971
CURRENT ASSETS
1.450
52,407
53,857
Debtors (noie 4)
Cash at bank aod in l)and
2,556
45,916
48,472
CURRENT LIABILITIES
14,998
38,859
Creditors- amounts failing due withiti one year (notc 5)
NET CURRENf ASSETS
127
78
21,194
2.423.063
TOTAL ASSETS LESS CURRE.NT LLIBtLITIES
2,442.165
CAprrAL AND RESF.RVF.S
604.901
1,818,162
2,423.063
DRSIGNATED RESERVES Inote 61
REVENUE RESERVES (note 7)
535.658
1,906.507
2,442,165
These &ceouDts were approvcd by the Trustees on
a￿d signed on their behalf by..
Chaitman-P Allen
Tll￿t¢¢- R Huggins

THE POOR'S L4ND CHABITY
OTES TO THE ACCOUNTS FOR THE ITAR TO 31ST DECEllfBER 2020
ACCOUNTING POLiaES
The accounts have been prepaird in accordance ￿￿tIl the Statemenr of Rebommended Practice-.
Accowjting and Reporting by Charities preparsng their accounts in accordance with tbe
FiT]ancial Reporting Standard it) the UK and Republic of li'elalld IFRS 102) i&sued on
16 July 2014 and the Charities Act 2011
A summary of the rnOL¢ important a¢¢oullting policies is set out below.
The accowits have beeu prepared L￿der the histotical cost basis of accounting.
Turnoverttpresents n￿l￿tell￿n¢t alld heaÈillg ch￿"g¢S reecivable alid storage rents received.
The propetties arc considered to have att estimated remaining use￿1 e¢ouo]nic life of more
$0 years and a high residual va]ue because there is a poliey and PTa¢tice of regular Mainten￿¢¢
alld repair.
The 2miual and ae¢uTllulated charges to d¢preci2tioll are collsidered not to be mat¢rtal.
Th¢ extraordi]tsry repairs reserve repieseut amouDts set a5id¢ to Jneet the cost
of fun]re major repairs to the propErti&s.
G)mponent a¢¢ounting was adopted for the first time in 2015 without retrospective adjustsnents.
FtXED ASSETS
Freehold housiDg piwties comprisc:_
{1) ced￿ Plac¢: 18 social liowing wiits (14 tlats and 4 bungalows) with 10 storage ￿115.
community room. laundry l'oom alld * guest room. The hisioric cost of the land and buildings is
£701.198 and was fi]nded part by grant5 of £150,398 from Wokingkn Borough Coullcil.
(ill )23 Loddon BriLlg¢ Road.. An a(fjacent bullgalow which purchased 3n 2000 at a cost of
£111,764 and is let at a ¢ommereial relltal (see 10 for detailsl_ Thc property was
professionally valued at £400.000 a¢ 17 Febrlldry 2017.
From 20li the charity scparatcly id¢ntifie8 expenditure oll iwrovements to the major
cornponents of its social hO￿L￿g pr()perties.Thcse improvements are dq)ie¢iated on Y4 Straight
lin¢ basis frolll Lbe month following practical ￿mpletiOn at th¢ followin(r annual rar¢$=_
Batiirooms
Boiltrs
Kitchenb
6.67D/
io/
In the ye2r 2020 ¢xpenditure oa improv¢ments aL]]ountrd to £99,054 (2019 £15,454) thich r¢sulted a
depreciation charge ot £7,17412019 £3.730) arisillg from the cllmulative expenth"tUTe to 31 De¢¢mber 2020.
Market
Markct
value
value
2019
2020
ENVESTMENTS
Cost
2019
Cost
2020
National Association 0t'AID￿bo￿eS Conjjnon
Investment Fund- 3995.421 Accllmlllation shares
Nationdl Association of Almshouses Common
lttvestmerlt Fll￿d- ttlcome sharcs
Charilies Official lttvesttlleni Fund
19 J28.26 Income UDits
ChaTiti&% Official Investn]ent Fixed Inte￿( Fund
95,028.13 ltt¢ome units
Naiional Association of Alrnshouses G)mmon
Lvestment Fuwl- 150.156.946 ltt¢thn¢ slwes
COIF Charities Dcposit account
National Asso¢iation of A]mshouses Comn)o
Inv&8iment Futtd- 198,540.308 It]¢ome shares '
125,111
414,307
117.046
369,639
9.981
11,173
50,021
327,202
5Q.021
347,439
125,000
130,711
125.(K)0
134,740
107,144
135,697
107,144
125,561
37,649
37,649
37,649
37.649
151,806
179,421
151,806
166,019
D￿[gna￿lExll￿0rdIn4ryM￿nleTha￿¢t fvnd
Des¢gnaked Building fwid
**

THE POOR'S LAfiD CHARITY
NOTLS TO THE ACCOUNfs FOR THE TrTAR TO 31ST DECEMBER 2Q2Q
DEBTORS- amounts falling due within one year
Debto¥g include £511 12019_ £381) in re8peGt olarrears of Tcsidellls
maintenance payments aiid utiliry charge5. Th¢ balanee represents insuraM¢e and
arni line maintenanc¢ prepayments.
CREDtTORS- amounts falling dBe witbin ODE year
Creditors inclllde £925 (2019- £7441 respect of paynwits iti adv￿]Ce of iesidents
maintenance payrneDts attd uuliry ch￿'ge5. Tbe balan¢e reprtsents othey cttditors and accnjals.
2019
DEsfGNATED RESERVES
2020
BUttI)ING FUND & EXTr4ORDINARY MAINTENANCE
Balance al begiLmill8 of year
Transfer frojnllto) Revenue Reserves
Building Fund
Extraoi"dinary Maintenance
Profitl{Loss) oil investtnents rev81uatLOTI
BuildLng Futtd
EXtraordi￿Y ce
Balance clfivd it 31st DE¢ember
509.081
604.901
10.575
(37,81 L)
21.383
63,862
604.901
113.4021
118.030
535,658
comprlsittg Bwlding Fun
ExtrauT(Sittary Maintell￿ce
179,421
425.480
166,019
369.639
REVENUE RESBRVES
2019
2020
Balan¢¢ at bcgsnniiig of year
Surplus for year
ProfidlLoss) oll inve51mcnts revaluation to designat¢d reserves
Transfer tolfrtsm Design&ted Reserves
Bdance ai end of ycar
1,728,922
99,815
1,818.162
50,534
37,811
1906 507
1818 162
10-

THE POOR'S LAND CHARITY
NOTES TO THE ACCOUNfs FOR THF YEAR TO 31wr DECEMBEIi 11120
OFFICERS. AND SENIOR ￿ECErr1vF£, F.MOLUMENTS
ThEi￿ty petsoll receivI￿g erno1utnelltsw￿ the clerktoth¢ ttust¢e5. The ¢l¢rk's i£ThiuwatiorL
forthr yw to 3 IstDw¢mbrr 2020 was £11 164.
ttrUEREST RECEtV.4BLE ATr]D OTHER INCOME
2019
2020
NeriDcome frotn 2?3 Loddon BridgeRoad15¢¢ not¢ 101
Interest and dkviderlds on ￿￿¢sto￿￿ts
Oth￿ID[0m￿
7,628
?6,945
944
i5,5L7
9.318
26,742
39?
TNCOME FROM PROPERTY. 223 LoddonBrid8eRoad Woodl¢y
2019
2020
ReDtal ￿con
Dcwrating& IwaiTS
Valuation fte
Le￿ abTUts ¢ommissioo *od4JisbuTSCt]*Dts
11.700
12,8081
I I,700
1,2641
7,628
12641
9.328
TAXATtON
As a charity K8i$l¥tdwith thc Inland RcvenuBno Siubiiity kn taxation ari8¢5 on income and ¢apital wns.
12
CAPITAL cOMhirrTr￿s AND CONTNGENT LIABILrrIks
Thtr¢were no witiagcnt liabiliucs orcapital conmjithicnts at 31$t 2020 {2019- nill.

THE POOR'S LAND CHARFrY
L4NAGEMENT DETAIL OF INCOME AP4D EXTF.M)ITURE ACCOiFTrIT
YEAR TO 31ST DECEMBER 2020
2019
2020
EXPENDITURE
SERVICES
7,864
?,049
3,147
255
Salaries
Property & Indernuity 2llsur3n¢e
Water chargGs
Bal￿ ch￿g£S
8,109
2.119
1,526
204
13,315
9,067
1.465
?.200
5,536
2,082
33,605
11.958
9.388
.448
2.600
4,787
2,938
33.119
HL*ting
El¢ctricity
C1&￿Ing
Gai'den
CommuTrication Gar¢
MANAGEMENT
3,932
3SO
375
2.020
1.663
185
48
Secretsrial
Altnshouse Assoei&tion subs¥ripiio
Postage, stationery and cler￿S expcnses
Audit alld accountancy
Suudries
Indemnity insurdttC¢
D¢preciatiott of cquipment aTLd fillJJitur¢
4.055
350
1,010
2.258
1.976
8,573
9.649
12

THE POORS LAND CHARITY
(W(K)DLEY SANDFORD & CHARVIL CHARITABLE TRUST
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR TO 31st DECEMBER 2020

TF￿ POORS, LAND CHARITY
ST
ANNUAL REPORT FOR THE YEAR TO 3 1 DECEMBER 2020
The Trustces".
Mrs Pyduline Allen (Chainnan - 5 year terni of office to
l O July 2021) - Co-opted
Mr Rodney Huggins {Vicc£hainnan - 5 Y￿ tenn of
ofFice to 10 January 2025) - Co-opted
Mr Michael Mitchell (5 year tenM of office to 25th
Febnwy 2024}- Co-optcd
Mr5 Sonia Boyles (5 year tenn of office to 3 Octob
2022) - Co-opted
Mrs Jane Batts (5 year terni of office to 26 ' Fcbnjary
20A? )_ Co-opted
Mrs Shelagh Flower (4 year terni of office to 31" May
2024)- Woodley Town Council
M5 Jennifer Cheng (4 year tern] of office to 31", May
2024) - Woodley Town Council
Mr David Mills (4 year term of office to 5 June 2022)-
Woodley Town Council
Mrs Beth Rowland (Term of offic¢ from 10 ' Dccembcr
2019 to 5 ' June 2022) - Woodley Town Council
Mrs Lauren Mccann (4 year ter￿ of office to 8 May
2022)- Charvil Patish Council
Mr Abdul Loyes (4 year tern] of office to 31" May 2023)
- Wokin ham Borou
h Council
Mrs E M Fidler
Clerk to the Trustees".
Office Address..
4 Tiverton Close
Woodley
Reading
RG5 3BE
Lloyds Bank Pl
Bracknell
Bcrkshire
Nigel Hunt
Thompson Leatherdale
61 London Street
Reading
RGI 4PS
ChristophcT Tapp RIBA
Bankrys:
Solicitors:
Architect=
Auditor and Accow]ting & Tax Advisers..
Edwin Smith
32 Queens Road
Reading
Bcrkshire
242574
ESA2366
Chari
Commission re
istration number=
ulator of Social Housin
re
istration number:

THE POORS, LAND CHARrrY
ST
ANNUAL REPORT FOR THE YEAR TO 31 DECEMBER 2020
Back
lu its CUETent forni The Poor's Land Charity {Woodley, Sandford and Charvtl Charilablc
TDJst} was established on the I l July, 1972 and previously was known as the Fuel
Allotment Cknty. Allottnent land belonging to the c.harity in Woodley was used for
providing thel which was allocated to those in need who were residenf in tbe parishes of
Woodley, SandfoTd and Chatvil. In 1990 the Charity Cominissioncr8 approved a scheme
for th¢ regulation of the Charity.
In the 1970s the allotment land was sold and the proceeds used to purchase and develop a
parcel of land and provide residenÉial properties in Woodley. This site was called Cedar
Place and situated in Loddon Bridge Road. Woodley. Fourteen flats and four bungalows
were constructed from 1979 to 1993 to pi"ovid¢ Almshouses for the poor. An adjacent
bungalow was purchased in 2000 to factlitate the ￿tllre development of Cedar Plac¢.
Ob'eedves
The governing scheme empowered the Trustees to relieve hardship by:"
(a)
Housing persons in need in purpose built accommodation (Almsbouses).
Tlie occupiers were dTawn from within the parish¢5 of Woodley, Sandford and
Charvil.
(b)
Making donations ill kind to residents of Woodley, Sandford alld Charvil and
adjacettt parishes as "Relief in Need"
(c)
Applying income for the general benefit of residents ot Woodley, Sandford and
Charvil and adjacent paiishes.
anisation
The Poor's Land Charity was served by eleven Trustee8 during the year, of whon) five
were co-opted and six were nominated appointhients.
At a meeting held on 22 January, 2020 Mrs Pathine Allen was re-appointed as Chairn]an
and Mr. Rodney Huggins re-appoitlted as Vice Chairn]all. Mr. David Fidlcr agreed to
continue as Treasurer in a non-TTUStee position. Mrs. Allen continued as the representative
of the Earley Day Ccntre. Mr Rodney Hllggius agreed to renew his appointmcnt foi
anotlier five years to 10 January 2025,
The Tnjstees IDet regulaj'ly to disciiss and agree tlie n]anageineDt of the Charity. Ten
mectings were held in 2020 and a MiiLUte Book was maintained. Due to the Covidl 9
pand￿￿1¢ Trustce ineetings trom March 2020 onwaTd5 were held Temotely with oii-line
attelldallce.
Policies & Procedures
Tbe Complaints proccdure was amcndcd to bring it into line with the Hou.sing
Ombudsman's Complaint Handling Code re1¢2sed in July 2020 and the resident's
handbook was updated to include the Code.

THE POORS. LAND CHARITY
ST
ANNUAL RF.PORT FOR THE YEAR TO 3 1 DECEMBER 2020
of Public Beneflt
Dellve
Housin
Wokingham District Council provided funding for the constrnction of ten flats and hold
the iioinination riglits for five of these flats for a period of 60 years from 13 October,
1978. This proviso was documented in the mortgage deed (the moitgage loan was i'epaid
in 2004}. Planning pemission relating to the four flats and four bungalows built in 1993
included a claiise to the effect that applicant5 bad to be Ov￿. 60 year8 of age. Whilst there
was no age restrictlOD for the ten flats built in l979, they were built with the elderly in
mind.
In total there are eighteen Almshouse units, consisting of fourteen flats and four
bungalows administered by the Charity. All residents had originally beell appointed by
the Trustees from the parislies of Woodley, Sandford and Charvil oi. had beeD norninated
by Wokingham Borough Coulluil as I￿ProP[Lat¢. Thcie Wds Olle VdLaiit unit at 31
December 2020.
Maintenance Charges were increased fi'oin I" Marcli 2020 in line witli statutory
requireinents applicable to registered housing PToviders and an Cqualisation policy
introduced in 2015.
Charitable Su
In addition to inanaging the Almshouses the Tn￿tee8 considered applications for Relief in
Need. Thirteen requests were received by the Tn￿LeeS in 2020 <Llld a iotal of £7.448 was
paid out for relief in need including £1,250 to local organisations. Typically requests to
belp young families were for 'white' goods, beds flooring. The Trustees also made
three donations totalling £1,500 to local OTganisations to support their efforts in tackling
the impact of Covidl 9. A pledge of £600 has been carried forward to 202E in respect of a
contribution to the Gost of a wELeelchair.
Develo
ment ActivltRes
Following num¢TOllS problems witii the heating and hot water system the Trustees agreed
to replace the existing boiler8, Wilter cylinders and desLaiillg units. The work was
completed by the autumn at a cost of £84,053. Further work to COt￿eCt imjnersion heaters
in all flats wid replacc outdated clectricity conwmei. units in nine fl¢Lts was completed at a
cost ot £7,884. Other development activtties in th¢ year :.
Management of the property at 223 tL>ddon Bridge Road, Woodley c4)ntinued with
a local estate agent who maintained regular contath with the Charity concerning the
maintenance of the property.
An application for a concessionary TV licence for all residents was approved by
TV Licensing effective from I" January 2020.
Energy perfonnance certificates (EPCS) were renewed to meet the new regulatory
requirements.

THE POORS. LAND CHARrrY
ANNUAL REPORT FOR THE YEAR TO 31 DF.CEMBER 2020
ment Activlties
Continued
Develo
Activitic5 in 2020 were curtailed by the impact of Covidl 9 but the following took place.'_
A vaeaiit fl&t's kitchen was replaced, Ca￿et replaced and dccoi'ated at a cost of
£7.117. Complction was delayed by the need to comply with Covidl 9 rules.
The a[￿UaL inspection of gas cookers. fire extinguishers &lld alann systthn had
taken place and the certificates obtained.
Each re5idcnt rcceived a gift voucher at Christmas. The honoTary and deputy
wardens who stood down in the year were givetl an extra gift voucher in
appreciation of their service.s.
External lighting and CCTV inSt￿led to improv¢ Sec￿lty
C,omputer resoui.ces wcre updated and IT support extended.
The rear lawn was extended by clearing scrnb and removing an old shed.
A survey of resident's interest in byoadband was completed.
Financial Review
Tbc financial results for the year show a Housing surylus of £8,891 and an overall ,￿u￿]uS
of £50,534. Managed investmeTJt funds decreased in value in the year by £55,113 prllnarily
due to thc withdrawal of £39.566 to part finance the cost of thc irnprovements to the heating
and hot water system.
Reserves Polie
The TThstees were aware tliai the Charity must balance the need to build surricient rescrves
to mallitaill fmancial sthility wiLb meeting the costs of delivering its ch￿table objectives.
Tbe target was to retain sufficient liquid fimds to meet three months, revenue expendil)Jre.
which the Trustees believed would ￿lable the Charity to continue to opcrate should theTC bc
any unexpected intem]ptt'ons to regular fullding. At 31" Decen]ber 2020, net current assets
were £21.194 (2019.. £38,859) ill lillc viith thc t￿.get.
PAULtNE ALLEN
Chairm#n ot the Trustces
Dated: a ?-

THE POOR'S LAND CHARrrY
rNDEPENDENT AUDfroR'S REPORT TO THE TRUSTEES OF THE CFIARrri
We bave auditcd the fillallcial slatcments of The Poor's Land c1￿}ty for tl)e year CEEdcd 31
Dcccmbcr 2020 which comprise the Statement of Finartcial ActiNryties, the Balance Sheet and thc
related notes. The financial reporting fram¢woTk that has been applied in their preparation is
appli¢able law ￿ld Unilcd Kingdotn Accounting Standar& Iunited Kingdom CJ¢nernlly Ac¢epted
Accounting Prnctice).
This report is n￿Le solely to the c]￿lLY'S tnjstees, as a body, ill accordance witb section 145 of the
Charities Act ?01 R attd thc rcgulations madc under scction 154 of that Act. Our audit WOTk llls
been undertakui so that we might state to the charity's tmstees those matters we are required to
state to tliem iii an allditor's rcport and for no odicr Pu￿oSe. To fullest extent pcnnitted by law,
we do not accept or assume responsibility to anyone other than the chaTity's trustees as a body, for
our audit work, lor this reporl OT for the opinions we have fonned.
Re.Ipvttive i'e.fl)nlT.IEhilElie.f nf trii.flee.f aiiditnr
As explaiiied more fillly iii the Tn]bte&%' Resp(iiisibiliti&g StatemeJJL the trustees ate respons1￿le for
the prei)aratiThn nf financial .51￿MenL8 which give a true and fair view.
We have been appotnted as auditor under se£tion 145 of tlie Chariti&s Act 2011 and report in
accoTdwice with regulations made under sectio]] 154 of that Acl. Our responsibtltty is to audtt alld
expr&qs att opinion on th¢ financial sratements in a¢¢ordatt¢e with applicable law and Intcmational
Standaxds on Auditing (UK and Ireland). Those standards ryuire u5 to comply wtth th¢ Auditing
Practices Board's {APB's) Ethical Standards for Allditorg.
Sc'(Ipe n/'tlie aiidil nfilie ftpianciol,Ylafepneiit.
A desctiption of the gcopc of an audit of fI[￿1ClaI statefftntnts is provided Oll the FRC'S wcbsitc at
tn our opinion the financial statem¢nts:
give a tru¢ and fair view of the state of the cbaTiry'S affairs as at 31" December 2020, and of its
incotntng resources and application of resourccs, for the ycar th¢n cnded.,
havc bccn propcrly pr£parcd in accordancc with Unitcd Kingdom Generally Accepted
Accounting Pi?ctice' and
have been prepared in accordance with the requirements of the Chariti¢s Act 2011.

THE POOR'S LAND CHARITY
INDEPENDENT AUDrroR'S REPORT TO THE TRUSTEES OF THE CHARITY
Malter.9 071 Trvhirh ive arv requireil io repori h}, e.Kcvplioii
We have nothing to report in respert of the following matters where the Charities Act 2011
requires us to report to you if. in our opinion..
the infonnation given in the Trustees, Annual Report is inconsistent in any material tr$p￿t
witkn the financial stat¢m¢iits'
sufficient accounting records hav¢ not been kept.
thc fllwicial ststcm¢tLtS are not ttt agreement with the accounting records ayd remrns. or
we h&ve not rec¢tv¢d all the infonnation alld explanations w¢ requTre for our audit.
Ediiyiii Sniith
Chap-ÉeF'edAccountants ond Slathfoi), AudEtor
32 Queeiis Road
ReadiFtg
Bw.hhiF-e
RGI 4AU
Date
2&1gl
Edwin SiThith is eli￿￿1¢ to art as an auditor in ternis of section 1212 of thc Companies Act 2006.

THE POOR'S LAND CEL4RITY
INCOME AND E￿ENDITURE ACCOVFry FOR THE YEAR TO 31ST DECEMBER Z020
2019
2020
TURFIOVER
62,762
583
GTOSS niaillteDallce charges receivable
Le$s'. Voids
66,125
1,965
64.160
13,855
280
62,179
14,305
310
Net tnaInt￿iaHcC charges
Utiliry charges reccivable
Storage ullit ients received
76,794
OPERATING COSTS
33,665
8,573
33,840
Services
Management
Routine t[￿￿t¢￿an¢t
Extr1￿[dI￿ary irpairs
33,119
9,649
26,637
76,Q78
69,405
7l6
OPERATtNG SURPLUS
8,890
69,815
ProfitllLoss) on T¢valuation of fixed assei illvesttneDts
ProfitllLoss) ot) ttv&luation of propeiry investn]entb' {#ote 21111)
llltCTeSt re¢eivable atkd OEher income Inoie 9)
tnterest payable arkd similar cbarges
sU￿[us on ordinary activities before taxation
Taxation vn surplus on or(bnary a¢tivities (note I l)
GROSS SURPLUS FOR THE YEAR
14,130
35,517
36,462
106,048
59,48?
106,048
59,482
(6,233)
RELIEF tNNEED GL4NTS & DONATIONS
{8,9481
50.534
99,815
NET SURPLUS FOR THE YEAR
MOVEMENT ON RESERVES
1.728,922
Balance brought fotward
1,818.16?
99,815
Net surplus for thr year
50.534
Net (raD6fers fronV(iol'.
Ruildittg Fund
ExLr&ord3nary maintenance reserve
10,575
1.818,162
37.811
1,906.507
All the aetivities of thc Charity durinu the two years 8r¢ cOnti￿u1ng activities.
These accounts were approved by the TTUStc¢s on I
and signed ou their behdlf by:
airniatJ- P Atlen
Tn￿Ce- R Huggins

ThE POOR'S LAND CHARITY
BALANCE SHEET AS AT 31ST DECEMBER 2020
2019
2020
FIXED ASSETS
1.101,198
Fteehold housi￿ properties ￿ LOSI (note 2)
I,101,198
46,846
1.236.160
2.384.204
Pmperty ImprOven￿nts 2)
Investn￿nts {uote 3)
TOTAL F￿ED ASSETS & INVESTMENts
138.726
1,181,047
2.420,971
CURRENT ASSETS
1.450
52,407
53,857
Debtors (noie 4)
Cash at bank aod in l)and
2,556
45,916
48,472
CURRENT LIABILITIES
14,998
38,859
Creditors- amounts failing due withiti one year (notc 5)
NET CURRENf ASSETS
127
78
21,194
2.423.063
TOTAL ASSETS LESS CURRE.NT LLIBtLITIES
2,442.165
CAprrAL AND RESF.RVF.S
604.901
1,818,162
2,423.063
DRSIGNATED RESERVES Inote 61
REVENUE RESERVES (note 7)
535.658
1,906.507
2,442,165
These &ceouDts were approvcd by the Trustees on
a￿d signed on their behalf by..
Chaitman-P Allen
Tll￿t¢¢- R Huggins

THE POOR'S L4ND CHABITY
OTES TO THE ACCOUNTS FOR THE ITAR TO 31ST DECEllfBER 2020
ACCOUNTING POLiaES
The accounts have been prepaird in accordance ￿￿tIl the Statemenr of Rebommended Practice-.
Accowjting and Reporting by Charities preparsng their accounts in accordance with tbe
FiT]ancial Reporting Standard it) the UK and Republic of li'elalld IFRS 102) i&sued on
16 July 2014 and the Charities Act 2011
A summary of the rnOL¢ important a¢¢oullting policies is set out below.
The accowits have beeu prepared L￿der the histotical cost basis of accounting.
Turnoverttpresents n￿l￿tell￿n¢t alld heaÈillg ch￿"g¢S reecivable alid storage rents received.
The propetties arc considered to have att estimated remaining use￿1 e¢ouo]nic life of more
$0 years and a high residual va]ue because there is a poliey and PTa¢tice of regular Mainten￿¢¢
alld repair.
The 2miual and ae¢uTllulated charges to d¢preci2tioll are collsidered not to be mat¢rtal.
Th¢ extraordi]tsry repairs reserve repieseut amouDts set a5id¢ to Jneet the cost
of fun]re major repairs to the propErti&s.
G)mponent a¢¢ounting was adopted for the first time in 2015 without retrospective adjustsnents.
FtXED ASSETS
Freehold housiDg piwties comprisc:_
{1) ced￿ Plac¢: 18 social liowing wiits (14 tlats and 4 bungalows) with 10 storage ￿115.
community room. laundry l'oom alld * guest room. The hisioric cost of the land and buildings is
£701.198 and was fi]nded part by grant5 of £150,398 from Wokingkn Borough Coullcil.
(ill )23 Loddon BriLlg¢ Road.. An a(fjacent bullgalow which purchased 3n 2000 at a cost of
£111,764 and is let at a ¢ommereial relltal (see 10 for detailsl_ Thc property was
professionally valued at £400.000 a¢ 17 Febrlldry 2017.
From 20li the charity scparatcly id¢ntifie8 expenditure oll iwrovements to the major
cornponents of its social hO￿L￿g pr()perties.Thcse improvements are dq)ie¢iated on Y4 Straight
lin¢ basis frolll Lbe month following practical ￿mpletiOn at th¢ followin(r annual rar¢$=_
Batiirooms
Boiltrs
Kitchenb
6.67D/
io/
In the ye2r 2020 ¢xpenditure oa improv¢ments aL]]ountrd to £99,054 (2019 £15,454) thich r¢sulted a
depreciation charge ot £7,17412019 £3.730) arisillg from the cllmulative expenth"tUTe to 31 De¢¢mber 2020.
Market
Markct
value
value
2019
2020
ENVESTMENTS
Cost
2019
Cost
2020
National Association 0t'AID￿bo￿eS Conjjnon
Investment Fund- 3995.421 Accllmlllation shares
Nationdl Association of Almshouses Common
lttvestmerlt Fll￿d- ttlcome sharcs
Charilies Official lttvesttlleni Fund
19 J28.26 Income UDits
ChaTiti&% Official Investn]ent Fixed Inte￿( Fund
95,028.13 ltt¢ome units
Naiional Association of Alrnshouses G)mmon
Lvestment Fuwl- 150.156.946 ltt¢thn¢ slwes
COIF Charities Dcposit account
National Asso¢iation of A]mshouses Comn)o
Inv&8iment Futtd- 198,540.308 It]¢ome shares '
125,111
414,307
117.046
369,639
9.981
11,173
50,021
327,202
5Q.021
347,439
125,000
130,711
125.(K)0
134,740
107,144
135,697
107,144
125,561
37,649
37,649
37,649
37.649
151,806
179,421
151,806
166,019
D￿[gna￿lExll￿0rdIn4ryM￿nleTha￿¢t fvnd
Des¢gnaked Building fwid
**

THE POOR'S LAfiD CHARITY
NOTLS TO THE ACCOUNfs FOR THE TrTAR TO 31ST DECEMBER 2Q2Q
DEBTORS- amounts falling due within one year
Debto¥g include £511 12019_ £381) in re8peGt olarrears of Tcsidellls
maintenance payments aiid utiliry charge5. Th¢ balanee represents insuraM¢e and
arni line maintenanc¢ prepayments.
CREDtTORS- amounts falling dBe witbin ODE year
Creditors inclllde £925 (2019- £7441 respect of paynwits iti adv￿]Ce of iesidents
maintenance payrneDts attd uuliry ch￿'ge5. Tbe balan¢e reprtsents othey cttditors and accnjals.
2019
DEsfGNATED RESERVES
2020
BUttI)ING FUND & EXTr4ORDINARY MAINTENANCE
Balance al begiLmill8 of year
Transfer frojnllto) Revenue Reserves
Building Fund
Extraoi"dinary Maintenance
Profitl{Loss) oil investtnents rev81uatLOTI
BuildLng Futtd
EXtraordi￿Y ce
Balance clfivd it 31st DE¢ember
509.081
604.901
10.575
(37,81 L)
21.383
63,862
604.901
113.4021
118.030
535,658
comprlsittg Bwlding Fun
ExtrauT(Sittary Maintell￿ce
179,421
425.480
166,019
369.639
REVENUE RESBRVES
2019
2020
Balan¢¢ at bcgsnniiig of year
Surplus for year
ProfidlLoss) oll inve51mcnts revaluation to designat¢d reserves
Transfer tolfrtsm Design&ted Reserves
Bdance ai end of ycar
1,728,922
99,815
1,818.162
50,534
37,811
1906 507
1818 162
10-

THE POOR'S LAND CHARITY
NOTES TO THE ACCOUNfs FOR THF YEAR TO 31wr DECEMBEIi 11120
OFFICERS. AND SENIOR ￿ECErr1vF£, F.MOLUMENTS
ThEi￿ty petsoll receivI￿g erno1utnelltsw￿ the clerktoth¢ ttust¢e5. The ¢l¢rk's i£ThiuwatiorL
forthr yw to 3 IstDw¢mbrr 2020 was £11 164.
ttrUEREST RECEtV.4BLE ATr]D OTHER INCOME
2019
2020
NeriDcome frotn 2?3 Loddon BridgeRoad15¢¢ not¢ 101
Interest and dkviderlds on ￿￿¢sto￿￿ts
Oth￿ID[0m￿
7,628
?6,945
944
i5,5L7
9.318
26,742
39?
TNCOME FROM PROPERTY. 223 LoddonBrid8eRoad Woodl¢y
2019
2020
ReDtal ￿con
Dcwrating& IwaiTS
Valuation fte
Le￿ abTUts ¢ommissioo *od4JisbuTSCt]*Dts
11.700
12,8081
I I,700
1,2641
7,628
12641
9.328
TAXATtON
As a charity K8i$l¥tdwith thc Inland RcvenuBno Siubiiity kn taxation ari8¢5 on income and ¢apital wns.
12
CAPITAL cOMhirrTr￿s AND CONTNGENT LIABILrrIks
Thtr¢were no witiagcnt liabiliucs orcapital conmjithicnts at 31$t 2020 {2019- nill.

THE POOR'S LAND CHARFrY
L4NAGEMENT DETAIL OF INCOME AP4D EXTF.M)ITURE ACCOiFTrIT
YEAR TO 31ST DECEMBER 2020
2019
2020
EXPENDITURE
SERVICES
7,864
?,049
3,147
255
Salaries
Property & Indernuity 2llsur3n¢e
Water chargGs
Bal￿ ch￿g£S
8,109
2.119
1,526
204
13,315
9,067
1.465
?.200
5,536
2,082
33,605
11.958
9.388
.448
2.600
4,787
2,938
33.119
HL*ting
El¢ctricity
C1&￿Ing
Gai'den
CommuTrication Gar¢
MANAGEMENT
3,932
3SO
375
2.020
1.663
185
48
Secretsrial
Altnshouse Assoei&tion subs¥ripiio
Postage, stationery and cler￿S expcnses
Audit alld accountancy
Suudries
Indemnity insurdttC¢
D¢preciatiott of cquipment aTLd fillJJitur¢
4.055
350
1,010
2.258
1.976
8,573
9.649
12

## EDWIN SMITH 

## N958PN 

The Trnstees, The Poor's Land Charity, Chestnut House, 4 Tive1ion Close, Woodley, Reading, RG5 3BE. 

25 May 2021 

Dear Sirs, 

The Poor's Land Charity 

We have completed the audit of the above Charity for the year to the 31 December 2020 and have considered whether there were any comments or recommendations that we wish to make to you as a result of our audit. There are no such comments or recommendations that we wish to make this year. 

You will appreciate that the main purpose of our audit is to fonn an opinion on the accounts as a whole and we caimot guarantee, therefore, that our audit has brought to light all the wealmesses that there may be in the Charity's accounting procedures that a specific investigation might have uncovered. 

Yours faithful! y, 


## EDWIN SMITH. 

Direct line 0118 957 7457 

Chartered Accountants: David Barnes FCA, Philip Nixon FCA 

32 Queens Road, Reading, RG 1 4AU Email: info@edwinsmith.co.uk Telephone: 0118 958 1956 Fax: 0118 950 9602 www.edwinsmith.co.uk 

_**Registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.**_