2022-12-31-accounts

THE P(J)RS LAND CHARITY (w￿DLEy SANDFORD & CHARVIL CHAR￿ABLETRu$r) ANNUAL REPORT AND ACCOUNrs FOR THE YEAR TO 31st DECEMBER 2022

THE POORS, LAND CHARIIV ANNUAL REPORT FOR THE YEAR TO 31- DECEMBER 2022 The Trustees: Mrs Pauline Allen {Chairman - 5 year tem) of otTi¢e to ioth July 2026) - Cowopted Mr RodDey Huggins IViceQhainnan - 5 year lerni of olyice to ioth January 2025) - Cowopted Mr Mich*el Mitchell (5 year temi of oJTJce lo 25th February 2024)- Co-opted Mrs Sonia Boylts (5 year terni of oly￿¢ to 7th Septeml 2027)- c￿Opted Mrs Jame BAttg (5 year tenn of office to 26th February 2024)- C(H)Pted MT¥ Shelagh F￿1ver (4 year leTrn of office to 310 May 2024)- Woodlry Town C<)uncil Ms J¢Dnifer Cbeng (4 year telln of office to 31$1 May 2024)- Woodley Town Council Mrs Betk Roivknnd (resigned 12th October 2022) - Woodl¢y TOTh￿ Council Mrs IAuren McCgnD (4 year tenn of office from 29th June 2022) - Charyil Parish Council Mr Abdwl Loy¢s (4 year t¢rni of oifice lo 3111 May 2023) - Wokingham Borough COU￿1] Mrs Kay Gild¢r (4 year tern] of office to 25th May 2026) - Woodley Town Council Mr Daren Smith (4 year temi of office to 6th December 2026 - Wcrf)dl TO￿ Council Mrs E M Fidler Clerk to the TrUst￿s. Offi¢¢ Address: 4 Tiverton Close Woodley R¢ading RG5 3BE Lloyds Bank PIC B￿kne11 Berkshire Field Seymour Parkes LLP l London Stre¢t Reading RGI 4PN Chrisw)her Tapp IUBA Bankers: Solicitors: Architect: Auditor and Accounting & Tax Advisers: Edwin Smith 32 (S￿ens Road Reading Berkshire 242574 Charity Commission registration number. Regulator of Social Housin8 registration number: ESA2366

ANNUAL REPORT FOR THE YEAR TO 31- DECEMBER 2022 Bac In its current forn) The Poor's Land Cl)arity (Wo(xlley, Sandford and Charvil Charitable Trust) was estsblished on the i ith July. 1972 and previousty was known as the Fuel Allotment Charity. In 1990 the Charity Commissioners approved a scheme for the re8ulation of the Charity. Allotment land belonging to the Charity in Woodley was used for providing fuel which was allocated to those in need who were resident in the parishes of Woodley, Sandford and Charvil. In the L970s the allotment land was sold and the proceeds used to purchase and develop a parcel of land and provide residenlial properties in Woodley. This site was called Cedar Place and sitt￿ted in Loddon Bridge Road. Woodley. Fourteen flats and four bungalows were constructed from 1979 to 1993 to provide Almshouses for the poor. An adjacent bungalow was purchased in 2000 to facilitate the future development of Cedar Place. The governing scheme empowered the Tntstees to ￿lieve hardship by:_ (a) Houstng persons in need in purw)se built accoMM￿jati0n (Almshouses). The occupiers were drawn from within the F)arishes of Woodley, Sandford and CharvRI. (b) Making donations in kind to residetts of Woodley. Sandford and Charvil and adjacent parishcs as"Relief in Need". (c) Applying income for the generdl benefit of residents of Woodley. Sandford and Charvil and adjacent parishes. nisation The Poor's Land Charity was served by eleven Trustees during the year. of whom r￿e were co-opted and six were nominated appointments. At a meeting held on 26 January 2022 Mrs Pauline Allen was re-appoinled as Chairman and Mr. Rodney Huggins re-appoint￿ a5 Vice Chainnan. Mr. David Fidler agreed to continu¢ as Treasurer in a non-Trustee ￿)SItiOn. Mrs. Allen continued as the represenlalive of the Earley Day Centre. Th¢ Truste¢s mel regularly to discuss and agree the management of the Charity. Ten meetings were held in 2022 and a Minute Book was maintained. Th¢ Charity Commission register of Tn￿¢¢5 was mainlained during the year.

THE P(K)RS' knIND CHARtTY ANNUAL REPORT FOR THE YEAR TO 31" DECEMBER 2022 Polieies & Proc A process was started to amend the title deeds for Cedar Place and 223 Loddon Bridge Road to show th¢ OffKial Custodian as th¢ 0￿¢r of the properties and to rernove the names of individual trustees. The procedure for new resident applications was reviewed and the application fonn was amended to include a requirement for the resident to advise the Charity should th¢ir fmancial circumstances Change for the better. A complaint by a resident w&$ dealt with in accordance with the Social Housing mplaints PToc¢dure and resolved satisfactorily. Delive of Public Benefit Housin Wokingham District Council provided funding for the construction of ten flats and hold the nomination rights for five of these fiats for a period of 60 years from 13th October. 1978. This proviso was documented in the mortgage deed (the mortgage loan was repaid in 2(M)4). Planning permission relating io the four fiais and four bungalows built in 1993 included a clause to th¢ ¢ff¢¢t that applicants had to be over 60 years of a8¢. Whilst th¢r¢ was no age r¢stri¢tion for the ten flats buih in 1979. they were built with the ¢ld¢rly in mind. In total there are eighteen Almshouse units. consisting of fourteen fiats and four bungalows administered by the Charity. All ￿Sidents had originally been appointed by the Trustees from the parishes of Woodl¢y. Sandford and Charvil or had been nominatcd by Wokingham Borough Council as appropriate. There were no vacant units at 31¥1 December 2022. Maintenance Charges were increased from 151 March 2022 in line with statutory requirements applicable to registered housing providers and an equalisation policy introduced in 2015. Residents w¢rc advised of I￿reaSe5 to utility Charg￿ principally arising from a new contract for gas supply. Charitable S In addition to managing the Almshouses the Tntstees considered applications for Relief in N¢¢d. Over twenty reque5t5 were received by the Trustecs in 2022 and a total of £7.794 was paid out for relief in need including £250 each io two farnilies whose houses were damaged by fire during the hot summ¢r. Typicalty requests to help young families were for 'white' goods, beds and flooring. A pledge of £l.O(N) has been carried forward to 2023 in respect of a contribution to Earley Day Centre.

ANNUAL REPORT FOR THE YEAR TO 31-DECEMBER 2022 A¢tivities in 2022 were as follo￿". mai￿ roofing ryirs were wried ow at a cost of £26.3CQ. An appIl￿tiON for o Conce￿ TV licence for all qualifying r¢5idents w approved by TV Licensin8 and effethive from l# January 2022. En¢w F¢rfomunce eenifith (EPCS) were renewed to m¢¢t the new r¢8ulatory A kitchen in ofthe tlats w4s ¢ompletety ￿iShed ai a cos1 of £7.880. A stairlift w&8 iTrs¢alled to serve two flats ji a cost of £2.995 The annual inspection of 8a8 c(y)keT& fwe exiingui51￿rs and alami ry#¢m had tsken place and the cerrificotes oirta1r￿. Coffee momings for residents weKe 5￿CesS￿lIY introduced durin8 the year. A 8ard¢n party was held on 2 M?y to celebrnte th¢ 70thyav of the late Qlleu)'s rei8n. All the flats and Wows Pl￿ the COMn￿ were redecorated or refiTrrbistrLed whue n¢¢es5ary after a gop of Thvo years ￿￿sed by the pandemic. Preliminary wotk w&% undettaken ￿ develop a web Site. frtxn April 2022. to maintain fmwial #ability with Medi￿ the ¢osts of deliverin8 its chaTithble objeetives. The was to fetsin sUff￿lent liquid fimds to mea thrtt montlhs. revenue ¢xpenditiir< which the Trust¢¢s believ￿ would enable the ￿￿rity to rnniinue to op¢rnt¢ should there i any unex￿ted inrernipti(￿ to regul￿ fundin& At 31 DccembEr 2021 ¢utr¢nt 8&sets wer¢ £19,768 (2021: £31.459) which W(￿Id med two months. reven￿ expendirure. The The financial results f¢x th¢ showed a Ho￿Ing def￿1t of £14,150 and In ov¢Trll venue deficit of £56.088. The Housin8 deficit aros¢ due to the completion of a back]08 of rede￿ratIOn caus￿ by the pandemi¢. In the year mawed inyeskneni d¢￿taSed in vA]ue by £70,620 WMI reserv￿ decl¢￿￿ by £S8J24 to a537.155. PAULI

THE POOR'S LAND CHARITY INDEPENDENT AUDrroR'S REPORT TO THE TRUSTEES OF THE CHARITY Opinion Wc havc auditcd Ihc financial slatcmcnls of The PooT's Land Charity (thc 'charily') for thc ycar ended 31 D¢ceinbcr 2022 which compris¢ th¢ Statcmcnt of Financi)l Aclivilics, Ihc Balancc Shcei and the rclated notes. Th¢ financial r¢p)rting framcwork thai has bccn applied in thcir prcpardiion is applicablc law )nd Unitcd Kingdom Accouniing Stsndard& i￿ludIng Financial Rcporting Siandard 102 Thc Financial Rcporling Standard applicablc in the UK and Rcpublic of Ireland (Unitcd Kingdom Generally Accepted Accounting Practice)- In our opinion, Ihc financial sthicmcnts: give a irne attd fair vicw of the staic of the eharily's afTairs as at 31 Deccmbcr 2022. and of ils incoming Tcsources and application of resourccs. for ihc ycar thcn cndcit. havc bcen properly preparcd in accordancc with Uniicd Kingdom Gcncrally A￿ept¢d Accounting PTactic¢' and havc prepared in accordan¢¢ with th¢ r¢quirem¢nts ofihc LI￿l-ll1¢.$ Aci 2011. Basis lor opinion Wc conduct¢d our audit in accordan¢c with Inlernational Stsndards on Auditing {UK) (ISAS (UK)) and applicablc law. Our rcsponsibilitics undcr th0￿ standards are further d￿ribed in the Auditor's r¢sponsibilitics for thc audit of thc financial slalcmcnls Scclion of our report. Wc arc indcpcndcni of Ihc charity In accordance with the cthical rcquircmcnts that are relcvant to our audil of Ihc finaiicial slat¢m¢nls in Ihc UK. including th¢ FRC'5 Eihical StaiKlard, and wc havc fuifillcd our other cihical rcsponsibilities in accordancc wilh ihesc rcquircmcnts. Wc bclievc that thc audit cvidcncc wc havc obiaincd is sufficicnt and appropriatc to provide a basis for our opinion. Conclusion5 relating to going concern In auditing Ihc financial statcmcnls. wc havc concludcd Ihat ihe trustLT5' Usc of the going coiicern basis of accounling in Ihc pr¢paralion of the financial stslcmcnts is appropriaic. Ba5¢d on thc work wc havc pcrforn)cd wc havc nol idcnlificd any matcrial unccrtainlic5 relating lo Cvcnts or condilions that. individually or collcclivcly. may cast sigiiificani doubt on the group aiid parcnl charity's abilily lo coniinuc as a ¥oing conccm for a PCTiod of al Icasi 12 months from whcn Ihc financial statcinc*is arc auihoriscd for issuc. Our re5w)nsibilitics and thc responsibililies of ihc trustee5 With respcct to going conccrn arc described in the relevant sections of ihis rcp)rt. Other Informalion Thc othcr information compriscs thc inforn)aiion includcd in ihc annual rcport. other ihaii the rinancial sialcmcnis and our auditor'5 rcpon thcrcon. Thc trustCe5 are rc5ponsiblc for thc other informalion. Our opinion on thc financial 51atcmcnt5 doc5 not cover thc othcr infonnation and w¢ do nol cxprcss any form of assurnnee conclusion thcrcon. In conncction with our audit of the rinancial slaicmcnis, our rcsponsibiliiy is io ihc othcr inforniation and. in doing so, considcr whcihcr thc other infomiaiion is maicrially inconsisicnt with th¢ financial slat¢Jncnt5 or our knowlcdgc obiaincd in the audil or oihcrwisc appcar5 to bc malcrially misstated. If wc identify such Tnatcrial inconsi51encic5 or apparent material misstatcmcnts. wc are required io determine whcthcr ihcrc is 3 Tnalcrial mis5talcmcnl in ihc financial slatcments or a material misstatcment of

THE POOR'S LAND CHARITY INDEPENDENf AUDITOR'S REPORT TO THE TRUSTEES OF THE CHARITY the other iiiforniaticm. If. based on ihc work we havc pcrformed. wc concludc thai iherc is a maicrial missiaicmcni of this othcr infomatiort. wc arc required to rcwrt that fa¢t. Wc have n￿hIng io report in this rcgard. Matters on which we are required to report by exception Wc hav¢ nothing to rcport in rcspcct of th¢ following matlcrs wh¢rc thc Chariiiv.s (Accf)11111.T uiiil RL'IN)ris) Rgxiilulioii.1 2008 requires us to rep)rt to you if, in our opinion: Ihc infomiation giv¢n in thc financial stat¢m¢nts is i￿onsI5t¢n¢ in any matcrial rcspcct with thc truslccs, rqKTrrt' sufficicnl accounling rccords havc not bccn kcpt" thc financial Statements are not in agrecmcnt with the accountin8 fLYords and r¢tums- or w¢ havc nol rcccived all Ihe infomialion and explanations we rrquire for our audit. Responslbilltles of trustees As cxplained morc fully in thc Trustecs. Rc5tK)nsibililics Stsicm¢nl. tl)c trustcs arc rcsponsiblc for Ihc prcparation of financial statcment5 which givc a true and fair vi¢w, aiid for such iiilcrnal control as thc tTU5t¢¢s d¢tcrniin¢ is ￿￿¢s53ry to cnablc thc prcparation of financial stalcmcnls that are frec frorn rnaterial misstalcmcnt. whether due lo frdud or Crror. Iii prcparing Ihc financial sts(cmcnis. Ihc Irusiccs arc rcsponsiblc for as5cssing thc charity's ability lo conlinuc as a going conccm, disclosing. as applicablc. maiicrs rclatcd lo going conccrn aiid using th¢ going Conccrn basis of accounting unless Ihc trustccs eiiher intend to liquida1¢ thc company or io ceasc opmtions, or havc no rcalisiic altcrnativc bul to do so. Auditor's respon5ibilitie5 for the audit of the fjnancial 5tgtements We havc bccn appointcd as auditor undcr thc Charilies Aci 2011. s. 144 and rcport in accordancc with Tcgulations mad¢ und¢r and r¢l¢vant rcgulations mad¢ or having cffccl thcrcundcr. Our obj¢¢tiv¢s arc lo obtain rcasonablc assurancc about whcihcr ¢hc financial slalcmcnis as a whol¢ ar¢ frc¢ from matcrial mIs￿alcMcn1. whcihcr duc lo fraud or crror. and lo issuc an auditor's rcport ihat in¢ludcs our opinion. Rcasonablc assurnncc is a high Icvcl of assurancc, bul is not a 8uardnt¢c that an audit condu¢lcd in accordan¢¢ wilh ISAS {UK) will always dctcct a maicrial misslatcment whcn it cxists. Misstaicmcnts can arisc from fraud or crror and arc considcrcd matcrial if. individually or in th¢ aggrcgatc. thcy could wasonably bc ¢xpccicd to influcncc il ccoi)omic dccisions of uscrs lakcn on Ihc basis of ihcsc financial 5talcrnenls. Thc cxtcni to which our procedures aTe capable ofdciccling irrcgularitics, including fraud is dciailcd bclow:

THE P(K)R'S LAND CHARITY INDEPENDE￿￿ AUDITOR'S REPORT TO THE TRUSTEES OF THE CHARITY Explanation a5 to what extent the udit was considered ¢pgble of detecting irregularities, including fraud Our objectives are to obtain reasonable assurance about whether the financial stalemcnts as a whole are free from material misstatement. whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonabk assurance is a high level of assurance, bul Is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Mis5tateTneYbt5 can aTise from fraud or e￿or and are considered material if, individually OT in the aggrcgate. Ihey could rcasonably be expectcd to influence the economic decisions of users thken on the basis of these financial statements. As part of an audit ID accordance with ISAS (UK). we ex￿ls¢ professional judgment and maintain professional scepticism throughout Ihe audil. We also: Identify a￿1 a55e5S the risk5 of material rnis5tatement of the final￿la1 ￿￿tementS. whether due to frdud or error. design and perform audit pr￿￿Y￿S responsive lo Ihose risks. and obtain audit evidence that is suffieiernl and approprie to provide a basi5 for our opinion. The risk of not detecting a mat¢rial misstatement resulting from fraud is higher ihan for one resulting from eTror, as fTaud may involve collusion. forgery. intention31 omissions. misrepresentations, or th¢ override of internal control. Obiain an understanding of internal control relevant to the audit in order lo design audit procedures ihat are appropriate in the circumstances. bui not for the purpose of expressing an opinion on the effectiveness of th¢ group's inlernal control. Evaluate ihe appropriatencss of ￿cOUntIng policies used and the reasonablenes5 of accounting eslimales and related disclosures made by the directOTS. Evaluate th¢ overall pr¢s¢ntation, SIr￿lUTe and ¢ont¢nl orth¢ fina￿1￿ stalemenls, including the disclosures, and whether the financial statements represent the underlying transaclions and events in a manner that achieves fair presentation. We ¢ommunicale with those ¢harged with governance ￿Sarding. among oiher matler5, the planned scope and liming of th¢ audit and significanl audit findin8& including any significani deficiencies in internal control that we identify during our audit A furthcr dcscriplion of our rcswnsibililics for the audit of the financial 5talcmciits is localed on thc Financial R¢poTling Council's wcbsitc at= Mww.frc.or .uk/auditOTSFCS oiisibilities. This dcscriptioi) fornis part of our auditor's rcport. Edwin Smith Chartered Accounlanls and Statutory Audiior 32 Queens Road Readin8 Berkshire RGI 4AU Dal¢ 17 May 2023 Edwin Smith is eligible to act as an auditor in rms of section 1212 of ihe Companies Act 2006. 6b

THE P(M)R'S IAND CHARrYY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR TO 31ST DECEMBER 2022 2021 2022 IiIRNOVER 69.639 2,811 66,828 13,716 280 GT05S n]aimenance charges recwabk Less". Voids 78.943 2.177 Net Maintenan￿ dw8e5 Utility charges rttwable Storage unli ￿lS received 76.706 13,884 280 80,824 90.930 OPERATING COSTS 36.367 9.673 50,917 Services Management Routi￿ maintenarKe Extraordinary repairs 36,594 10,241 58,244 96,957 105,079 (16,133) OPERATING SURPLUS (DEFICIT) {14,149) 52.341 25.000 35.187 ProfiU(knss) ott T¢valuation of r￿ed awt investments ProfiV(Loss) on revaluation of pro￿ investments (n￿e2{li]} Inte￿$t r¢¢eivabk and otlxr in¢¢)me 10) Interest pAyable 4nd 51rni1￿ ¢lw8¢5 Surplus on ordittw aal￿¢1¢5 before taxatron Taxation on surplus on ordinary acti￿tIeS (noi¢ 12) GROSS SiJRPLUS (DEFICIT)FOR THE YEAR (70.166) 36,022 96.394 (48.294) 96.394 (48,294) (6.89)) RELIEF fN NEED GRANTS & WNATIONS (7.794) 89.504 NET SURPLUS (DEFICIT) FOR THE YEAR (56,088) MOVEMENf ON RESERVES I.W6,507 1,984,256 89.504 Net surplus (defiat) for ihe year (56,088> Net transf¢rs fr(￿￿(10}.' Buildin8 Fund 11.755 1.984.256 (1.782 1.926.386 All the athivities of the eI￿rity during ihe two years are contiThJlll8 activitkes. Thes¢ ¥¢(xmts wtre approvtsj by the Trustees on i L and SisT￿￿ on tIKir behalf by.. 3c¥ chairn￿. P An TruMe¢. R Hu881

THE POOR'S LAND CHARflV BAIANCg SHEET AS AT 31ST DECEMBER 2022 2021 2022 FIXED ASSETS .126,198 Freehold hw$1￿ Pro￿￿$ (rmxe 2) 1.126.198 141.016 1,308,953 2,576,167 Prowty ImprowenKnts (￿￿e 2} Inve#ments (note 3) TOTAL FIXED ASSETS & INVESTMEKrs 1238.333 2,529,534 CURRENT ASSETS 3.818 47,931 51.749 Debtors (n￿e 4) Cash at bank and in harnl 3.926 33.886 37.812 cuRRE￿r LIABILITIES {20,290) 31,459 Creditors- amwnts falling due within one Y￿ (note 5) NEf CURRENT ASSETS (18,044 19,768 {12.147) PROVISIONS FOR LIABILITIES {note 6) (12.147) 2.595.479 TOTAL ASSETS LESS LIABtLITIES 1537,155 CAPITAL AND RESERVES 611.223 1.984.256 2.595.479 DESIGNATED RESERVES {fK)te 7) REVENUE RESERVES (￿te 8) 610.769 1,926.386 2,537,155 Thes¢ a¢¢ouM$ were approved by the TTUSttts on and siwd on IIKir beh￿rbY.. TwM¢e- R Huggin5

L¥OTLS TO THE ACCOUNTS FOR THE YEAR TO 31sr DECEMBER 2022 ACCOUNTtNG POLICIES Accounting and Re￿￿rtIng by Chariiies ￿1￿8 their accounts in accordance with the wA&ncial Rep]tin8 Sthndard in the UK arnl Republi¢ of ITeland (FRS 102) ¢)n 16 July 2014 aThd the Charities Ad 2011 A surnm￿ of the mott imp)rtartt acwurtling FxAici¢5 is Sa ov¢ b¢low. The proFrfi¢s ¢(Jn5iW io have ane5timated wemaiwng econornic lif¢ of moT¢ than 50 years and ahi8h residud V91￿ thert is • Jrgular maintrn and repair. of futu￿ major ryir3 to the Fwperties. Component ￿)Unting w&8 k)pted in 2015 rdrLryKtive wJju51nKnts. FIXED ASSETS Fffelx)Id howing rrfopenies COM￿18¢:. (i) Cedar Place.. 18 so¢i81 Iwtng uni15 (14 fiats aThl 4 with 10 5t(Ya8¢ unit4 ¢ommunity ￿ laundry room a 8￿1 ffj¥)m. The hiS￿riC (#M orth¢ laThJ al￿ busldin8S is £701.198 and was fimded in pan by grnnts of £150.398 ftom Woktngham BDrouBh Council. (li) 223 Loddon BTid8¢ Ro1: An 7•Jjacent bwwa]ow which vas in 20￿ at a cost of £111.764 and is lrt at a commetcial rentsl (see Dtste 10 fordetails). The tryerty w&$ professionally valued Bt £425.(W at 12 21)21 From 2015 the charity yarately Identif￿ exrthliture on improVem￿ts to th major ¢omp)nents of its so¢i#I Iv)u5ing proMie&These improvements are depreciated on a strnight line basis from th¢ month following wxtical conwletion * the following annual rntes:_ Boil¢r5 Kitchens Roofin8 2.5% In the year 2022 exwidilure on imwivements amounted to £37,175 (2021 £142491 ￿l¢kn Tesultoj in preciation chaTge of £13.188 (2021 £11.959) arisi￿ from th¢ cumulative eXI￿nd1￿￿e to 31 December 2022. 6.67% INVESIMEN'IS Market Cost 2022 National Asso¢iaiion of Almsho￿ ComnM)n Investment Fund- 4126.169 Accumulation sbaTes Clwiti¢s Offi¢i31 FAhico1 Inv￿￿nent Fund 166.853.69 kncome Units Clwities Official Inveslment Fixed Inte￿3t Fu￿1 95,028.13 tncome units National Association of AlftL$ho￿ Commo Investhient Pu[￿- 150.156.946 Income shares cotF Charities Dqmit xcount National Ass(Kialion of Aimshouses Common Investh)ent Fund. 198J40.308 ttteomL¢ slw¢g •• 128.801 430254 130583 435.438 373.872 39A997 488523 457J12 125. 126.216 107.144 136.B68 107.144 132.603 17ffi49 37.649 37.649 37.649 151.806 180.969 151,806 175 J31 924 72 1308 953 915705 1238 333 • Dwd

'rHE POOR'S iAND CHARITY OTES TO ThE ACCOUNTS FOR THE YEAR TO 31sr DECEMBER 21ll2 DEBTORS - arnounts failin8 due wiihin one year Dthors indude £1,079 (2021- £319) in resfft of arreaTS of residents mainienonc¢ and utility ¢harB¢S The ball￿¢ represenis in5uranK alarni line, and maintenan¢¢ pryyments. CREDITORS- anKAmts f￿11th8 due within one year Creditors f￿lin8 due within oney¢ar ithd¢ £365 {2￿21- £439) in respe￿ of payin¢nts in advance of residems maintenonce and utility thar8es. The balance represents rre(lilors and ￿¢r￿aL% PROVISIONS FOR LIABILITIES 2021 2022 Urtbilled gas ¢htrge5 by SSE Ew8y Suppty Ltd 12.147 11147 DESIGNATED RESERVFS BUILDING FUND & EKfRAORD]NARY MAINTENANCE Balance at beginnir8 of year Transfer froml(io) ReveThJe iieserves Building Fund Emraordinary Mairf¢na￿e VrohV(Loss) on Investments rvAluatton BuitdiDg Fund Extiaordinary M4intenanc¢ Bala1￿¢ dfwd at 3 1st Dtte 535.658 611.223 11.755 1.782 14,950 48,860 (5,638) 3.402 comprising Building Fund Extraordiw MAirtt&Mtte 180.969 430.254 175.331 435.438 10-

THE IYX)RS IAND CHARITY NOTES TOTHE ACCOiJNTS FOR THE YEAR T031sf DECEMBER REVENUE RESERVES Balance at be8imin8 of )t¥ SL¥plus ILos5) for)rar I.￿.507 89.504 1.984256 (5(088) Transfertdfrom Ik$i￿ted REscrv Bal8nce at end of y¢¥ (11.755 1,984,256 (1,782) I,926J85 OFFICERS AND SENIOR EXECiJTIVES' EMOLUMEpfJ3 T¢￿tU￿AlLOn for Ik yeat to315t Deccth21X2 Th•$ £11893. io fNTEREST RECEIVABLE AND(Y171ER 2022 Net in¢ome 223 BrMlgE Ro•J (see 10) Inlerest divideTrJs on it)veskn (Mhet irt¢ome &147 25,431 35.187 022 INCOME FROM PROPERTY. 223 Brmtr Wwjky 2022 Rental irKome valU￿10n tk¢orniing & repai i ijio 12.101 (4801 (11651 (I J091 8.147 (1&41) (1277) 8.892 12 TAKAIION 13 CAPITALCOMMIINENIS ANDc(￿E￿fLtABlLr[iEs WEre liabiliiie5 or at 31st t*£eThts2022 (2021. nill -11-

THL POOR'S LAND CHARfTY MANAGEMENT D￿AlL OF INCOME AND EXPENDfTURE ACCOUNT YEAR TO 31ST DECEMBER 2022 2021 2022 EXPENDITURE SERVICES 8.353 2,146 3,593 154 Salaries Property & Indemnity inwr1￿¢ Water charBes 8.595 2,260 4,134 133 14.246 8.053 1.653 2,600 6.418 3.397 15.122 10.350 2,676 2.600 3.026 2,821 36,594 He•tinB El¢¢tri¢ity Cleanin8 Gardert 36.367 MANAGEMENT 4,176 350 455 2.293 2,399 9,673 4.298 360 525 2,302 2,756 10.241 Almshouse A550C4ation subscription Pts￿￿8￿ stationery and Cjervsw￿seS Audit and acc(yJniancy Sundries 12-

THE P(J)RS LAND CHARITY (w￿DLEy SANDFORD & CHARVIL CHAR￿ABLETRu$r) ANNUAL REPORT AND ACCOUNrs FOR THE YEAR TO 31st DECEMBER 2022

THE POORS, LAND CHARIIV ANNUAL REPORT FOR THE YEAR TO 31- DECEMBER 2022 The Trustees: Mrs Pauline Allen {Chairman - 5 year tem) of otTi¢e to ioth July 2026) - Cowopted Mr RodDey Huggins IViceQhainnan - 5 year lerni of olyice to ioth January 2025) - Cowopted Mr Mich*el Mitchell (5 year temi of oJTJce lo 25th February 2024)- Co-opted Mrs Sonia Boylts (5 year terni of oly￿¢ to 7th Septeml 2027)- c￿Opted Mrs Jame BAttg (5 year tenn of office to 26th February 2024)- C(H)Pted MT¥ Shelagh F￿1ver (4 year leTrn of office to 310 May 2024)- Woodlry Town C<)uncil Ms J¢Dnifer Cbeng (4 year telln of office to 31$1 May 2024)- Woodley Town Council Mrs Betk Roivknnd (resigned 12th October 2022) - Woodl¢y TOTh￿ Council Mrs IAuren McCgnD (4 year tenn of office from 29th June 2022) - Charyil Parish Council Mr Abdwl Loy¢s (4 year t¢rni of oifice lo 3111 May 2023) - Wokingham Borough COU￿1] Mrs Kay Gild¢r (4 year tern] of office to 25th May 2026) - Woodley Town Council Mr Daren Smith (4 year temi of office to 6th December 2026 - Wcrf)dl TO￿ Council Mrs E M Fidler Clerk to the TrUst￿s. Offi¢¢ Address: 4 Tiverton Close Woodley R¢ading RG5 3BE Lloyds Bank PIC B￿kne11 Berkshire Field Seymour Parkes LLP l London Stre¢t Reading RGI 4PN Chrisw)her Tapp IUBA Bankers: Solicitors: Architect: Auditor and Accounting & Tax Advisers: Edwin Smith 32 (S￿ens Road Reading Berkshire 242574 Charity Commission registration number. Regulator of Social Housin8 registration number: ESA2366

ANNUAL REPORT FOR THE YEAR TO 31- DECEMBER 2022 Bac In its current forn) The Poor's Land Cl)arity (Wo(xlley, Sandford and Charvil Charitable Trust) was estsblished on the i ith July. 1972 and previousty was known as the Fuel Allotment Charity. In 1990 the Charity Commissioners approved a scheme for the re8ulation of the Charity. Allotment land belonging to the Charity in Woodley was used for providing fuel which was allocated to those in need who were resident in the parishes of Woodley, Sandford and Charvil. In the L970s the allotment land was sold and the proceeds used to purchase and develop a parcel of land and provide residenlial properties in Woodley. This site was called Cedar Place and sitt￿ted in Loddon Bridge Road. Woodley. Fourteen flats and four bungalows were constructed from 1979 to 1993 to provide Almshouses for the poor. An adjacent bungalow was purchased in 2000 to facilitate the future development of Cedar Place. The governing scheme empowered the Tntstees to ￿lieve hardship by:_ (a) Houstng persons in need in purw)se built accoMM￿jati0n (Almshouses). The occupiers were drawn from within the F)arishes of Woodley, Sandford and CharvRI. (b) Making donations in kind to residetts of Woodley. Sandford and Charvil and adjacent parishcs as"Relief in Need". (c) Applying income for the generdl benefit of residents of Woodley. Sandford and Charvil and adjacent parishes. nisation The Poor's Land Charity was served by eleven Trustees during the year. of whom r￿e were co-opted and six were nominated appointments. At a meeting held on 26 January 2022 Mrs Pauline Allen was re-appoinled as Chairman and Mr. Rodney Huggins re-appoint￿ a5 Vice Chainnan. Mr. David Fidler agreed to continu¢ as Treasurer in a non-Trustee ￿)SItiOn. Mrs. Allen continued as the represenlalive of the Earley Day Centre. Th¢ Truste¢s mel regularly to discuss and agree the management of the Charity. Ten meetings were held in 2022 and a Minute Book was maintained. Th¢ Charity Commission register of Tn￿¢¢5 was mainlained during the year.

THE P(K)RS' knIND CHARtTY ANNUAL REPORT FOR THE YEAR TO 31" DECEMBER 2022 Polieies & Proc A process was started to amend the title deeds for Cedar Place and 223 Loddon Bridge Road to show th¢ OffKial Custodian as th¢ 0￿¢r of the properties and to rernove the names of individual trustees. The procedure for new resident applications was reviewed and the application fonn was amended to include a requirement for the resident to advise the Charity should th¢ir fmancial circumstances Change for the better. A complaint by a resident w&$ dealt with in accordance with the Social Housing mplaints PToc¢dure and resolved satisfactorily. Delive of Public Benefit Housin Wokingham District Council provided funding for the construction of ten flats and hold the nomination rights for five of these fiats for a period of 60 years from 13th October. 1978. This proviso was documented in the mortgage deed (the mortgage loan was repaid in 2(M)4). Planning permission relating io the four fiais and four bungalows built in 1993 included a clause to th¢ ¢ff¢¢t that applicants had to be over 60 years of a8¢. Whilst th¢r¢ was no age r¢stri¢tion for the ten flats buih in 1979. they were built with the ¢ld¢rly in mind. In total there are eighteen Almshouse units. consisting of fourteen fiats and four bungalows administered by the Charity. All ￿Sidents had originally been appointed by the Trustees from the parishes of Woodl¢y. Sandford and Charvil or had been nominatcd by Wokingham Borough Council as appropriate. There were no vacant units at 31¥1 December 2022. Maintenance Charges were increased from 151 March 2022 in line with statutory requirements applicable to registered housing providers and an equalisation policy introduced in 2015. Residents w¢rc advised of I￿reaSe5 to utility Charg￿ principally arising from a new contract for gas supply. Charitable S In addition to managing the Almshouses the Tntstees considered applications for Relief in N¢¢d. Over twenty reque5t5 were received by the Trustecs in 2022 and a total of £7.794 was paid out for relief in need including £250 each io two farnilies whose houses were damaged by fire during the hot summ¢r. Typicalty requests to help young families were for 'white' goods, beds and flooring. A pledge of £l.O(N) has been carried forward to 2023 in respect of a contribution to Earley Day Centre.

ANNUAL REPORT FOR THE YEAR TO 31-DECEMBER 2022 A¢tivities in 2022 were as follo￿". mai￿ roofing ryirs were wried ow at a cost of £26.3CQ. An appIl￿tiON for o Conce￿ TV licence for all qualifying r¢5idents w approved by TV Licensin8 and effethive from l# January 2022. En¢w F¢rfomunce eenifith (EPCS) were renewed to m¢¢t the new r¢8ulatory A kitchen in ofthe tlats w4s ¢ompletety ￿iShed ai a cos1 of £7.880. A stairlift w&8 iTrs¢alled to serve two flats ji a cost of £2.995 The annual inspection of 8a8 c(y)keT& fwe exiingui51￿rs and alami ry#¢m had tsken place and the cerrificotes oirta1r￿. Coffee momings for residents weKe 5￿CesS￿lIY introduced durin8 the year. A 8ard¢n party was held on 2 M?y to celebrnte th¢ 70thyav of the late Qlleu)'s rei8n. All the flats and Wows Pl￿ the COMn￿ were redecorated or refiTrrbistrLed whue n¢¢es5ary after a gop of Thvo years ￿￿sed by the pandemic. Preliminary wotk w&% undettaken ￿ develop a web Site. frtxn April 2022. to maintain fmwial #ability with Medi￿ the ¢osts of deliverin8 its chaTithble objeetives. The was to fetsin sUff￿lent liquid fimds to mea thrtt montlhs. revenue ¢xpenditiir< which the Trust¢¢s believ￿ would enable the ￿￿rity to rnniinue to op¢rnt¢ should there i any unex￿ted inrernipti(￿ to regul￿ fundin& At 31 DccembEr 2021 ¢utr¢nt 8&sets wer¢ £19,768 (2021: £31.459) which W(￿Id med two months. reven￿ expendirure. The The financial results f¢x th¢ showed a Ho￿Ing def￿1t of £14,150 and In ov¢Trll venue deficit of £56.088. The Housin8 deficit aros¢ due to the completion of a back]08 of rede￿ratIOn caus￿ by the pandemi¢. In the year mawed inyeskneni d¢￿taSed in vA]ue by £70,620 WMI reserv￿ decl¢￿￿ by £S8J24 to a537.155. PAULI

THE POOR'S LAND CHARITY INDEPENDENT AUDrroR'S REPORT TO THE TRUSTEES OF THE CHARITY Opinion Wc havc auditcd Ihc financial slatcmcnls of The PooT's Land Charity (thc 'charily') for thc ycar ended 31 D¢ceinbcr 2022 which compris¢ th¢ Statcmcnt of Financi)l Aclivilics, Ihc Balancc Shcei and the rclated notes. Th¢ financial r¢p)rting framcwork thai has bccn applied in thcir prcpardiion is applicablc law )nd Unitcd Kingdom Accouniing Stsndard& i￿ludIng Financial Rcporting Siandard 102 Thc Financial Rcporling Standard applicablc in the UK and Rcpublic of Ireland (Unitcd Kingdom Generally Accepted Accounting Practice)- In our opinion, Ihc financial sthicmcnts: give a irne attd fair vicw of the staic of the eharily's afTairs as at 31 Deccmbcr 2022. and of ils incoming Tcsources and application of resourccs. for ihc ycar thcn cndcit. havc bcen properly preparcd in accordancc with Uniicd Kingdom Gcncrally A￿ept¢d Accounting PTactic¢' and havc prepared in accordan¢¢ with th¢ r¢quirem¢nts ofihc LI￿l-ll1¢.$ Aci 2011. Basis lor opinion Wc conduct¢d our audit in accordan¢c with Inlernational Stsndards on Auditing {UK) (ISAS (UK)) and applicablc law. Our rcsponsibilitics undcr th0￿ standards are further d￿ribed in the Auditor's r¢sponsibilitics for thc audit of thc financial slalcmcnls Scclion of our report. Wc arc indcpcndcni of Ihc charity In accordance with the cthical rcquircmcnts that are relcvant to our audil of Ihc finaiicial slat¢m¢nls in Ihc UK. including th¢ FRC'5 Eihical StaiKlard, and wc havc fuifillcd our other cihical rcsponsibilities in accordancc wilh ihesc rcquircmcnts. Wc bclievc that thc audit cvidcncc wc havc obiaincd is sufficicnt and appropriatc to provide a basis for our opinion. Conclusion5 relating to going concern In auditing Ihc financial statcmcnls. wc havc concludcd Ihat ihe trustLT5' Usc of the going coiicern basis of accounling in Ihc pr¢paralion of the financial stslcmcnts is appropriaic. Ba5¢d on thc work wc havc pcrforn)cd wc havc nol idcnlificd any matcrial unccrtainlic5 relating lo Cvcnts or condilions that. individually or collcclivcly. may cast sigiiificani doubt on the group aiid parcnl charity's abilily lo coniinuc as a ¥oing conccm for a PCTiod of al Icasi 12 months from whcn Ihc financial statcinc*is arc auihoriscd for issuc. Our re5w)nsibilitics and thc responsibililies of ihc trustee5 With respcct to going conccrn arc described in the relevant sections of ihis rcp)rt. Other Informalion Thc othcr information compriscs thc inforn)aiion includcd in ihc annual rcport. other ihaii the rinancial sialcmcnis and our auditor'5 rcpon thcrcon. Thc trustCe5 are rc5ponsiblc for thc other informalion. Our opinion on thc financial 51atcmcnt5 doc5 not cover thc othcr infonnation and w¢ do nol cxprcss any form of assurnnee conclusion thcrcon. In conncction with our audit of the rinancial slaicmcnis, our rcsponsibiliiy is io ihc othcr inforniation and. in doing so, considcr whcihcr thc other infomiaiion is maicrially inconsisicnt with th¢ financial slat¢Jncnt5 or our knowlcdgc obiaincd in the audil or oihcrwisc appcar5 to bc malcrially misstated. If wc identify such Tnatcrial inconsi51encic5 or apparent material misstatcmcnts. wc are required io determine whcthcr ihcrc is 3 Tnalcrial mis5talcmcnl in ihc financial slatcments or a material misstatcment of

THE POOR'S LAND CHARITY INDEPENDENf AUDITOR'S REPORT TO THE TRUSTEES OF THE CHARITY the other iiiforniaticm. If. based on ihc work we havc pcrformed. wc concludc thai iherc is a maicrial missiaicmcni of this othcr infomatiort. wc arc required to rcwrt that fa¢t. Wc have n￿hIng io report in this rcgard. Matters on which we are required to report by exception Wc hav¢ nothing to rcport in rcspcct of th¢ following matlcrs wh¢rc thc Chariiiv.s (Accf)11111.T uiiil RL'IN)ris) Rgxiilulioii.1 2008 requires us to rep)rt to you if, in our opinion: Ihc infomiation giv¢n in thc financial stat¢m¢nts is i￿onsI5t¢n¢ in any matcrial rcspcct with thc truslccs, rqKTrrt' sufficicnl accounling rccords havc not bccn kcpt" thc financial Statements are not in agrecmcnt with the accountin8 fLYords and r¢tums- or w¢ havc nol rcccived all Ihe infomialion and explanations we rrquire for our audit. Responslbilltles of trustees As cxplained morc fully in thc Trustecs. Rc5tK)nsibililics Stsicm¢nl. tl)c trustcs arc rcsponsiblc for Ihc prcparation of financial statcment5 which givc a true and fair vi¢w, aiid for such iiilcrnal control as thc tTU5t¢¢s d¢tcrniin¢ is ￿￿¢s53ry to cnablc thc prcparation of financial stalcmcnls that are frec frorn rnaterial misstalcmcnt. whether due lo frdud or Crror. Iii prcparing Ihc financial sts(cmcnis. Ihc Irusiccs arc rcsponsiblc for as5cssing thc charity's ability lo conlinuc as a going conccm, disclosing. as applicablc. maiicrs rclatcd lo going conccrn aiid using th¢ going Conccrn basis of accounting unless Ihc trustccs eiiher intend to liquida1¢ thc company or io ceasc opmtions, or havc no rcalisiic altcrnativc bul to do so. Auditor's respon5ibilitie5 for the audit of the fjnancial 5tgtements We havc bccn appointcd as auditor undcr thc Charilies Aci 2011. s. 144 and rcport in accordancc with Tcgulations mad¢ und¢r and r¢l¢vant rcgulations mad¢ or having cffccl thcrcundcr. Our obj¢¢tiv¢s arc lo obtain rcasonablc assurancc about whcihcr ¢hc financial slalcmcnis as a whol¢ ar¢ frc¢ from matcrial mIs￿alcMcn1. whcihcr duc lo fraud or crror. and lo issuc an auditor's rcport ihat in¢ludcs our opinion. Rcasonablc assurnncc is a high Icvcl of assurancc, bul is not a 8uardnt¢c that an audit condu¢lcd in accordan¢¢ wilh ISAS {UK) will always dctcct a maicrial misslatcment whcn it cxists. Misstaicmcnts can arisc from fraud or crror and arc considcrcd matcrial if. individually or in th¢ aggrcgatc. thcy could wasonably bc ¢xpccicd to influcncc il ccoi)omic dccisions of uscrs lakcn on Ihc basis of ihcsc financial 5talcrnenls. Thc cxtcni to which our procedures aTe capable ofdciccling irrcgularitics, including fraud is dciailcd bclow:

THE P(K)R'S LAND CHARITY INDEPENDE￿￿ AUDITOR'S REPORT TO THE TRUSTEES OF THE CHARITY Explanation a5 to what extent the udit was considered ¢pgble of detecting irregularities, including fraud Our objectives are to obtain reasonable assurance about whether the financial stalemcnts as a whole are free from material misstatement. whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonabk assurance is a high level of assurance, bul Is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Mis5tateTneYbt5 can aTise from fraud or e￿or and are considered material if, individually OT in the aggrcgate. Ihey could rcasonably be expectcd to influence the economic decisions of users thken on the basis of these financial statements. As part of an audit ID accordance with ISAS (UK). we ex￿ls¢ professional judgment and maintain professional scepticism throughout Ihe audil. We also: Identify a￿1 a55e5S the risk5 of material rnis5tatement of the final￿la1 ￿￿tementS. whether due to frdud or error. design and perform audit pr￿￿Y￿S responsive lo Ihose risks. and obtain audit evidence that is suffieiernl and approprie to provide a basi5 for our opinion. The risk of not detecting a mat¢rial misstatement resulting from fraud is higher ihan for one resulting from eTror, as fTaud may involve collusion. forgery. intention31 omissions. misrepresentations, or th¢ override of internal control. Obiain an understanding of internal control relevant to the audit in order lo design audit procedures ihat are appropriate in the circumstances. bui not for the purpose of expressing an opinion on the effectiveness of th¢ group's inlernal control. Evaluate ihe appropriatencss of ￿cOUntIng policies used and the reasonablenes5 of accounting eslimales and related disclosures made by the directOTS. Evaluate th¢ overall pr¢s¢ntation, SIr￿lUTe and ¢ont¢nl orth¢ fina￿1￿ stalemenls, including the disclosures, and whether the financial statements represent the underlying transaclions and events in a manner that achieves fair presentation. We ¢ommunicale with those ¢harged with governance ￿Sarding. among oiher matler5, the planned scope and liming of th¢ audit and significanl audit findin8& including any significani deficiencies in internal control that we identify during our audit A furthcr dcscriplion of our rcswnsibililics for the audit of the financial 5talcmciits is localed on thc Financial R¢poTling Council's wcbsitc at= Mww.frc.or .uk/auditOTSFCS oiisibilities. This dcscriptioi) fornis part of our auditor's rcport. Edwin Smith Chartered Accounlanls and Statutory Audiior 32 Queens Road Readin8 Berkshire RGI 4AU Dal¢ 17 May 2023 Edwin Smith is eligible to act as an auditor in rms of section 1212 of ihe Companies Act 2006. 6b

THE P(M)R'S IAND CHARrYY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR TO 31ST DECEMBER 2022 2021 2022 IiIRNOVER 69.639 2,811 66,828 13,716 280 GT05S n]aimenance charges recwabk Less". Voids 78.943 2.177 Net Maintenan￿ dw8e5 Utility charges rttwable Storage unli ￿lS received 76.706 13,884 280 80,824 90.930 OPERATING COSTS 36.367 9.673 50,917 Services Management Routi￿ maintenarKe Extraordinary repairs 36,594 10,241 58,244 96,957 105,079 (16,133) OPERATING SURPLUS (DEFICIT) {14,149) 52.341 25.000 35.187 ProfiU(knss) ott T¢valuation of r￿ed awt investments ProfiV(Loss) on revaluation of pro￿ investments (n￿e2{li]} Inte￿$t r¢¢eivabk and otlxr in¢¢)me 10) Interest pAyable 4nd 51rni1￿ ¢lw8¢5 Surplus on ordittw aal￿¢1¢5 before taxatron Taxation on surplus on ordinary acti￿tIeS (noi¢ 12) GROSS SiJRPLUS (DEFICIT)FOR THE YEAR (70.166) 36,022 96.394 (48.294) 96.394 (48,294) (6.89)) RELIEF fN NEED GRANTS & WNATIONS (7.794) 89.504 NET SURPLUS (DEFICIT) FOR THE YEAR (56,088) MOVEMENf ON RESERVES I.W6,507 1,984,256 89.504 Net surplus (defiat) for ihe year (56,088> Net transf¢rs fr(￿￿(10}.' Buildin8 Fund 11.755 1.984.256 (1.782 1.926.386 All the athivities of the eI￿rity during ihe two years are contiThJlll8 activitkes. Thes¢ ¥¢(xmts wtre approvtsj by the Trustees on i L and SisT￿￿ on tIKir behalf by.. 3c¥ chairn￿. P An TruMe¢. R Hu881

THE POOR'S LAND CHARflV BAIANCg SHEET AS AT 31ST DECEMBER 2022 2021 2022 FIXED ASSETS .126,198 Freehold hw$1￿ Pro￿￿$ (rmxe 2) 1.126.198 141.016 1,308,953 2,576,167 Prowty ImprowenKnts (￿￿e 2} Inve#ments (note 3) TOTAL FIXED ASSETS & INVESTMEKrs 1238.333 2,529,534 CURRENT ASSETS 3.818 47,931 51.749 Debtors (n￿e 4) Cash at bank and in harnl 3.926 33.886 37.812 cuRRE￿r LIABILITIES {20,290) 31,459 Creditors- amwnts falling due within one Y￿ (note 5) NEf CURRENT ASSETS (18,044 19,768 {12.147) PROVISIONS FOR LIABILITIES {note 6) (12.147) 2.595.479 TOTAL ASSETS LESS LIABtLITIES 1537,155 CAPITAL AND RESERVES 611.223 1.984.256 2.595.479 DESIGNATED RESERVES {fK)te 7) REVENUE RESERVES (￿te 8) 610.769 1,926.386 2,537,155 Thes¢ a¢¢ouM$ were approved by the TTUSttts on and siwd on IIKir beh￿rbY.. TwM¢e- R Huggin5

L¥OTLS TO THE ACCOUNTS FOR THE YEAR TO 31sr DECEMBER 2022 ACCOUNTtNG POLICIES Accounting and Re￿￿rtIng by Chariiies ￿1￿8 their accounts in accordance with the wA&ncial Rep]tin8 Sthndard in the UK arnl Republi¢ of ITeland (FRS 102) ¢)n 16 July 2014 aThd the Charities Ad 2011 A surnm￿ of the mott imp)rtartt acwurtling FxAici¢5 is Sa ov¢ b¢low. The proFrfi¢s ¢(Jn5iW io have ane5timated wemaiwng econornic lif¢ of moT¢ than 50 years and ahi8h residud V91￿ thert is • Jrgular maintrn and repair. of futu￿ major ryir3 to the Fwperties. Component ￿)Unting w&8 k)pted in 2015 rdrLryKtive wJju51nKnts. FIXED ASSETS Fffelx)Id howing rrfopenies COM￿18¢:. (i) Cedar Place.. 18 so¢i81 Iwtng uni15 (14 fiats aThl 4 with 10 5t(Ya8¢ unit4 ¢ommunity ￿ laundry room a 8￿1 ffj¥)m. The hiS￿riC (#M orth¢ laThJ al￿ busldin8S is £701.198 and was fimded in pan by grnnts of £150.398 ftom Woktngham BDrouBh Council. (li) 223 Loddon BTid8¢ Ro1: An 7•Jjacent bwwa]ow which vas in 20￿ at a cost of £111.764 and is lrt at a commetcial rentsl (see Dtste 10 fordetails). The tryerty w&$ professionally valued Bt £425.(W at 12 21)21 From 2015 the charity yarately Identif￿ exrthliture on improVem￿ts to th major ¢omp)nents of its so¢i#I Iv)u5ing proMie&These improvements are depreciated on a strnight line basis from th¢ month following wxtical conwletion * the following annual rntes:_ Boil¢r5 Kitchens Roofin8 2.5% In the year 2022 exwidilure on imwivements amounted to £37,175 (2021 £142491 ￿l¢kn Tesultoj in preciation chaTge of £13.188 (2021 £11.959) arisi￿ from th¢ cumulative eXI￿nd1￿￿e to 31 December 2022. 6.67% INVESIMEN'IS Market Cost 2022 National Asso¢iaiion of Almsho￿ ComnM)n Investment Fund- 4126.169 Accumulation sbaTes Clwiti¢s Offi¢i31 FAhico1 Inv￿￿nent Fund 166.853.69 kncome Units Clwities Official Inveslment Fixed Inte￿3t Fu￿1 95,028.13 tncome units National Association of AlftL$ho￿ Commo Investhient Pu[￿- 150.156.946 Income shares cotF Charities Dqmit xcount National Ass(Kialion of Aimshouses Common Investh)ent Fund. 198J40.308 ttteomL¢ slw¢g •• 128.801 430254 130583 435.438 373.872 39A997 488523 457J12 125. 126.216 107.144 136.B68 107.144 132.603 17ffi49 37.649 37.649 37.649 151.806 180.969 151,806 175 J31 924 72 1308 953 915705 1238 333 • Dwd

'rHE POOR'S iAND CHARITY OTES TO ThE ACCOUNTS FOR THE YEAR TO 31sr DECEMBER 21ll2 DEBTORS - arnounts failin8 due wiihin one year Dthors indude £1,079 (2021- £319) in resfft of arreaTS of residents mainienonc¢ and utility ¢harB¢S The ball￿¢ represenis in5uranK alarni line, and maintenan¢¢ pryyments. CREDITORS- anKAmts f￿11th8 due within one year Creditors f￿lin8 due within oney¢ar ithd¢ £365 {2￿21- £439) in respe￿ of payin¢nts in advance of residems maintenonce and utility thar8es. The balance represents rre(lilors and ￿¢r￿aL% PROVISIONS FOR LIABILITIES 2021 2022 Urtbilled gas ¢htrge5 by SSE Ew8y Suppty Ltd 12.147 11147 DESIGNATED RESERVFS BUILDING FUND & EKfRAORD]NARY MAINTENANCE Balance at beginnir8 of year Transfer froml(io) ReveThJe iieserves Building Fund Emraordinary Mairf¢na￿e VrohV(Loss) on Investments rvAluatton BuitdiDg Fund Extiaordinary M4intenanc¢ Bala1￿¢ dfwd at 3 1st Dtte 535.658 611.223 11.755 1.782 14,950 48,860 (5,638) 3.402 comprising Building Fund Extraordiw MAirtt&Mtte 180.969 430.254 175.331 435.438 10-

THE IYX)RS IAND CHARITY NOTES TOTHE ACCOiJNTS FOR THE YEAR T031sf DECEMBER REVENUE RESERVES Balance at be8imin8 of )t¥ SL¥plus ILos5) for)rar I.￿.507 89.504 1.984256 (5(088) Transfertdfrom Ik$i￿ted REscrv Bal8nce at end of y¢¥ (11.755 1,984,256 (1,782) I,926J85 OFFICERS AND SENIOR EXECiJTIVES' EMOLUMEpfJ3 T¢￿tU￿AlLOn for Ik yeat to315t Deccth21X2 Th•$ £11893. io fNTEREST RECEIVABLE AND(Y171ER 2022 Net in¢ome 223 BrMlgE Ro•J (see 10) Inlerest divideTrJs on it)veskn (Mhet irt¢ome &147 25,431 35.187 022 INCOME FROM PROPERTY. 223 Brmtr Wwjky 2022 Rental irKome valU￿10n tk¢orniing & repai i ijio 12.101 (4801 (11651 (I J091 8.147 (1&41) (1277) 8.892 12 TAKAIION 13 CAPITALCOMMIINENIS ANDc(￿E￿fLtABlLr[iEs WEre liabiliiie5 or at 31st t*£eThts2022 (2021. nill -11-

THL POOR'S LAND CHARfTY MANAGEMENT D￿AlL OF INCOME AND EXPENDfTURE ACCOUNT YEAR TO 31ST DECEMBER 2022 2021 2022 EXPENDITURE SERVICES 8.353 2,146 3,593 154 Salaries Property & Indemnity inwr1￿¢ Water charBes 8.595 2,260 4,134 133 14.246 8.053 1.653 2,600 6.418 3.397 15.122 10.350 2,676 2.600 3.026 2,821 36,594 He•tinB El¢¢tri¢ity Cleanin8 Gardert 36.367 MANAGEMENT 4,176 350 455 2.293 2,399 9,673 4.298 360 525 2,302 2,756 10.241 Almshouse A550C4ation subscription Pts￿￿8￿ stationery and Cjervsw￿seS Audit and acc(yJniancy Sundries 12-

N958PN

EDWIN SMITH

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

18 May 2023

Dear Sirs,

The Poor's Land Charity

We have completed the audit of the above Charity for the year to the 31 December 2022 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: [e-mail] Telephone: [phone] Fax: [phone]

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.