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|The Trustees:||Mrs Pauline Allen (Chairman
- 5 year term ofoffice to|Mrs Pauline Allen (Chairman
- 5 year term ofoffice to|
|---|---|---|---|
|||10+July 2026)-Co-opted||
|||Mr Rodney Huggins
(Vice-Chairman
-5year|term of|
|||office to 10+ January 2025) —Co-opted||
|||Mr Michael Mitchell (5year term ofoffice to|25'"|
|||February 2024) —Co-opted||
|||Mrs Sonia Boyles (5year term ofoffice to 3|October|
|||2022) —Co-opted||
|||Mrs Jane Batts (5year term ofoffice to 26'" February||
|||2024) —Co-opted
Mrs Shelagh Flower (4year term ofoffice to 31"May||
|||2024) —Woodley Town Council
Ms Jennifer Cheng (4year term ofoffice to 31"May||
|||2024) —Woodley Town Council||
|||Mrs Beth Rowland (Term ofoffice from 10'"December
2019to 5'" June 2022) - Woodley Town Council
Mrs Lauren McCann (4year term ofoffice to 8'" May||
|||2022) —Charvil Parish Council
Mr Abdul Loyes (4year term ofoffice to 31"May 2023)||
|||—Wokingham
Borough Council||
|||Mrs Kay Gilder (9months
term ofoffice to 28 June||
|||2022) - Woodley Town Council||
|||Mr David Mills (deceased 24 March 2021) —Woodley||
|||Town Council||
|Clerk to the Trustees:||Mrs EM Fidler||
|Office Address:||4Tiverton Close||
|||Woodley||
|||Reading||
|||RG5 3BE||
|Bankers:||Lloyds Bank Plc||
|||Bracknell||
|||Berkshire||
|Solicitors:||Field Seymour Parkes LLP||
|||1 London Street||
|||Reading||
|||RG1 4PN||
|Architect:||Christopher
Tapp|RIBA|
|Auditor and Accounting &Tax||Advisers:
Edwin Smith||
|||32 Queens Road||
|||Reading||
|||Berkshire||
|Charity Commission|registration|number:
242574||
|Regulator ofSocial Housing registration
number:
ESA2366||||
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||||||
|---|---|---|---|---|
|2020||||2021|
||TURNOVER||||
|66,125|Gross maintenance
charges receivable|||69,639|
|1,965|Less: Voids|||2,811|
|64,160|Net maintenance
charges|||66,828|
|13,855|Utility charges receivable|||13,716|
|280|Storage unit rents received|||280|
|78,295||||80,824|
||OPERATING COSTS||||
|33,119|Services|||36,367|
|9,649|Management|||9,673|
|26,637|Routine maintenance|||50,917|
||Extraordinary
repairs||||
|69,405||||96,957|
|8,890|OPERATING SURPLUS (DEFICIT)|||(16,133)|
|14,130|Profit/(Loss)
on revaluation offixed asset investments|||52,341|
||Profit/(Loss)
on revaluation ofproperty|investments|(note 2(ii))|25,000|
|36,462|Interest receivable and other income (note 10)|||35,187|
||Interest payable and similar charges||||
|59,482|Surplus on ordinary activities before taxation|||96,394|
||Taxation on surplus on ordinary activities (note 12)||||
|59,482|GROSS SURPLUS FOR THE YEAR|||96,394|
|(8,948)|RELIEFIN NEED GRANTS &DONATIONS|||(6,890)|
|50,534|NET SURPLUS FORTHE YEAR|||89,504|
||MOVEMENT ON RESERVES||||
|1,818,162|Balance brought
forward|||1,906,507|
|50,534|Net surplus for the year|||89,504|
||Net transfers from/(to):||||
|37,811|Building Fund
Extraordinary
maintenance
reserve|||~11,755|
|1,906,507||||1,984,256|
|2020||||2021||
|---|---|---|---|---|---|
|f.||||||
||FIXEDASSETS|||||
|1,101,198|Freehold housing properties|(note 2)|1,126,198|||
|138,726|Property Improvements
(note 2)||141,016|||
|1,181,047|Investments
(note 3)||1,308,953|||
|2,420,971|TOTAL FIXEDASSETS&INVESTMENTS||||2,576,167|
||CURRENT ASSETS|||||
|2,556|Debtors (note 4)||3,818|||
|45,916|Cash at bank and in hand||47,931|||
|48,472|||51,749|||
||CURRENT LIABILITIES|||||
|~27,278|Creditors - amounts
falling|due within one year (note 5)|~(20,290|||
|21,194|NET CURRENT ASSETS||||31,459|
||PROVISIONS FORLIABILITIES (note 6)||||(12,147)|
|2,442,165|TOTAL ASSETSLESSLIABILITIES||||2,595,479|
||CAPITAL AND RESERVES|||||
|535,658|DESIGNATED RESERVES (note 7)||||611,223|
|1,906,507|REVENUE RESERVES(note 8)||||1,984,256|
|2,442,165|||||2,595,479|
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|rom the month following
pra|ctical completion
at the f|
|---|---|
|Bathrooms|5%|
|Boilers|6.67%|
|Kitchens|10%|
|depreciation
charge off11,959(20|20f|7,1|74)arising|from the cum|ulative
expendi|ture
to 31Dec|ember 2021|
|---|---|---|---|---|---|---|---|
|INVESTMENTS|||||Market||Market|
|||||Cost|value|Cost|value|
|||||2020|2020|2021|2021|
|National
Association ofAlmshouses|Common|||117,046|369,639|128,801|430,254|
|Investment
Fund - 4109.259 Accumulation|||sharesa|||||
|Charities OFicial Ethical Investment|Fund|||||373,872|396,997|
|126852.49 Income Units||||||||
|Charities Offlcial Investment
Fund||||50,021|347,439|||
|19,328.26 Income units||||||||
|Charities Offlcial Investment
Fixed|Interest||Fund|125,000|134,740|125,000|126,216|
|95,028.13Income units||||||||
|National Association ofAlmshouses|Common|||107,144|125,561|107,144|136,868|
|Investment
Fund - 150,156.946Income||shares||||||
|COIF Charities Deposit account||||37,649|37,649|37,649|37,649|
|National Association ofAlmshouses|Common|||||||
|Investment
Fund - 198,540.308Income||shares *a||151,806|166,019|151,806|180,969|
|Designated
Extraordinary
Maintenance||fund||||A&222.|IKE.252|
|Designated
Building fund||||||||
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|5|CREDITORS - amounts
falling due within o|ne year|||
|---|---|---|---|---|
||Creditors falling due within one year include|f439(2020 - f925) in respect of|||
||payments
in advance ofresidents
maintenance|and utility charges.|||
||The balance represents
other creditors and accruals.||||
|6|PROVISIONS FOR LIABILITIES||2020|2021|
|||||f|
||Unbilled
gas charges by SSEEnergy Supply|Ltd||12,147|
|7|DESIGNATED RESERVES||||
||BUILDING FUND 8cEXTRAORDINARY|MAINTENANCE|||
||Balance at beginning ofyear||604,901|535,658|
||Transfer from/(to)
Revenue Reserves||||
||Building Fund||||
||Extraordinary
Maintenance||(37,811)|11,755|
||Protit/(Loss)
on investments
revaluation||||
||Building Fund
Extraordinary
Maintenance
Balance c/fwd at 31stDecember||(13,402)
~18,030
535,658|14,950
48,860
~ITZT|
||comprising
Building Fund||166,019|180,969|
||Extraordinary
Maintenance||369,639|430,254|
##
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|8|REVENUE RESERVES||||2020|2021|
|---|---|---|---|---|---|---|
||||||E|f|
||Balance at beginning ofyear||||1,818,162|1,906,507|
||Surplus for year||||50,534|89,504|
||Profit/(Loss)
on investments
Transfer to/from
Designated|revaluation
Reserves|to designated|reserves|37,811|~ll,755)|
||Balance at end ofyear||||1,906,507|1,984,256|
|9|OFFICERS' AND SENIOR|EXECUTIVES' EMOLUMENTS|||||
||The only person receiving emoluments
was the clerk to the trustees. The clerk' s
remuneration
for the year to31stDecember 2021 wasf12,529.||||||
|10|INTEREST RECEIVABLE|AND OTHER INCOME|||2020|2021|
|||||||E|
||Net income from 223 Loddon Bridge Road (see note|||10)|9,328|8,892|
||Interest and dividends
on investments||||26,742|25,431|
||Other income||||392|864|
||||||36,462|35,187|
|11|INCOME FROM PROPERTY - 223 Loddon Bridge|||Road, Woodley|2020|2021|
||Rental income||||11,700|11,810|
||Decorating &repairs
Less agents commission
and|disbursements|||(1,108)
~),284)
9,328|(1,641)
~1,277)
8,892|
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|RVICES|||||
|---|---|---|---|---|
|Salaries||||8,353|
|Property|8cIndemnity||insurance|2,146|
|Water charges||||3,593|
|Bank charges||||154|
|||||14,246|
|Heating||||8,053|
|Electricity||||1,653|
|Cleaning||||2,600|
|Garden||||6,418|
|Communication||care||3,397|
|||||36,367|
##
|Secretarial|||4,176|
|---|---|---|---|
|Almshouse|Association subscription||350|
|Postage, stationery||and clerk's expenses|455|
|Audit and|accountancy||2,293|
|Sundries|||2,399|
||||9,673|