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 appropri*e 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 proF*rfi¢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¢ Ro*1: 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
•*
Dw*d

'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 appropri*e 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 proF*rfi¢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¢ Ro*1: 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
•*
Dw*d

'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: info@edwinsmith.co.uk Telephone: 0118 958 1956 Fax: 0118 950 9602 

_**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.**_