## |AN|NUAL|REPO|RT FOR THE YEAR TO 31ssDECEMBER 2023|| |---|---|---|---|---| |The Trustees;|||Mrs Pauline
Allen (Chairman
- 5year term
10n July 2026)- Co-opted|ofoffice to| ||||Mr Rodney Huggins
(Vice-Chairman
-5 year term of
otnce to 10~January 2025)—Co-opted|| ||||Mr Michael Mitchell (5year term ofoffice to 25'"|| ||||February 2024) —Co-opted|| ||||Mrs Sonia Boyles (5year term ofoffice to 7'"September
2027) —Co-opted|| ||||Mrs Jane Batts (5year term ofoffice to 26'"|February| ||||2024) —Co-opted|| ||||Mrs Shelagh Flower (4year term ofoffice to31"May
2024) —Woodley Town Council|| ||||Ms Jennifer Cheng (resigned 24~ October 2023)—|| ||||Woodley Town Council|| ||||Mrs Lauren McCann (4year term ofoffice to 29'" June|| ||||2026) —Charvil
Parish Council|| ||||Mr Abdul Loyes (4year term ofoffice ended
2023) —Wokingham
Borough Council|31"May| ||||Mrs Kay Gilder (4year term ofoffice to 25a|May 2026)| ||||- Woodley Town Council|| ||||Mr Darren Smith (resigned
15aMay 2023)—Woodley|| ||||Town Council|| ||||Mrs Mary Holmes (16aMay 2023 to 5'"June|2026)—| ||||Woodley Town Council|| ||||Mrs Jane Ainslie (1year term to 17"May 2024)—|| ||||Wokin
ham Borou
h Council|| |Clerk to the Trustees:|||Mrs E M Fidler|| |Office Address:|||4 Tiverton Close|| ||||Woodley|| ||||Reading|| ||||RG5 3BE|| |Bankers:|||Lloyds Bank Pic|| ||||Brackne 1 1|| ||||Berkshire|| |Solicitors:|||Field Seymour Parkes LLP|| ||||I London Street|| ||||Reading|| ||||RGI 4PN|| |Architect:|||Christo
her Ta|RIBA| |Auditor and Accounting &||Tax|Advisers:
Edwin Smith|| ||||32Queens Road|| ||||Reading|| ||||Berkshire|| |Charity Commission|registration||number:
242574|| |Regulator ofSocial|Housing|registration
number:
ESA2366||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||TURNOVER|||||| |---|---|---|---|---|---|---| |78,943|Gross maintenance
charges receivable|||||88,970| |2,177|Less: Voids|||||1,341| |76,766|Net maintenance
charges|||||87,629| |13,884|Utility charges receivable|||||17,989| |280|Storage unit rents received|||||280| |90,930||||||105,898| ||OPERATING COSTS|||||| |36,594|Services|||||37,207| |10,241|Management|||||10,182| |58,244|Routine maintenance|||||47,790| ||Extraordinary
repairs|||||| |105,079||||||95,179| |(14,149)|OPERATING SURPLUS (DEFICIT)|||||10,719| |(70,166)|Profit/(Loss)
on revaluation offixed asset investments|||||47,186| ||Profit/(Loss)
on revaluation ofproperty|||investments|(note 20i))|| |36,022|Interest receivable
and other|income (note 10)||||37,386| ||Interest payable and similar charges|||||| |(48,294)|Surplus(Deficit)
on ordinary|activities before taxation||||95,291| ||Taxation on surplus
on ordinary||activities (note 12)|||| |(48,294)|GROSS SURPLUS (DEFICIT)FOR THE YEAR|||||95,291| |(7,794)|RELIEFIN NEED GRANTS|k|DONATIONS|||(5,568)| |(56,088)|NET SURPLUS (DEFICIT)|FORTHE||YEAR||89,723| ||MOVEMENT ON RESERVES|||||| |1,984,256|Balance brought
forward|||||1,926,386| |(56,088)|Net surplus (deficit) for the year|||||89,723| ||Net transfers from/(to):|||||| ||Building Fund|||||| |1,782|Extraordinary
maintenance|reserve||||16,836)| |1,926,386||||||1,999,273| |2022||0|| |---|---|---|---| ||FIXEDASSETS||| |1,126,198|Freehold
housing properties
(note 2)|1,126,198|| |165,003
1,238,333
2,529,534|Property
Improvements
(note 2)
Investments
(note 3)
TOTAL FIXED ASSETS&INVESTMENTS|166,841
1,333,243|2,626,282| ||CURRENT ASSETS||| |3,926
33,886|Debtors (note 4)
Cash at bank and in hand|3,093
53,039|| |37,812||56,132|| ||CURRENT LIABILITIES||| |(18,044)
19,768|Creditors - amounts
falling due within one year (note 5)
NET CURRENT ASSETS|(15,790)|40,342| |(12,147)|PROVISIONS FOR LIABILITIES (note 6)||(8,858)| |2,537,155|TOTAL ASSETSLESS LIABILITIES||2,657,766| ||CAPITAL AND RESERVES||| |610,769
1,926,386
|DESIGNATED RESERVES (note 7)
REVENUE RESERVES(note 8)||658,493
1,999,273
2,657,766| ## ## |depreciation
charge off13,188(202|1SII,|959)arisin|g from the cu|mulative
expend|iture
to 31D|ecember 202| |---|---|---|---|---|---|---| |INVESI'MENIS||||Market||Market| ||||Cost|value|Cost|value| ||||2021|2021|2022|2022| ||||f|f,|8|| |National
Association ofAlmshouses|Common||128,801|430,254|130,583|435,438| |Investment
Fund - 4126.169Accumulation||shares*||||| |Charities Official Ethical Investment|Fund||373,872|396,997|488,523|457,312| |166,853.69Income Units||||||| |Charities Official Investment
Fixed|Interest|Fund|125,000|126,216||| |95,028.13Income units||||||| |National
Association ofAlmshouses|Common||107,144|136,868|107,144|132,603| |Investment
Fund - 150,156.946 Income shares||||||| |COIF Charities Deposit account|||37,649|37,649|37,649|37,649| |National
Association ofAlmshouses|Common|||||| |Investment
Fund - 198,540.308Income shares **|||151,806|180,969|151,806|175,331| ||||924 272|I 308953|915705|~1238333| ## ## ## ## ||NOTES TO THE|ACCOUNT|S FORTHE|YEAR TO 31STDECEM|BER 2022|| |---|---|---|---|---|---|---| |8|REVENUE RESERVES||||2021|2022| ||||||f.|| ||Balance at beginning ofyear||||1,906,507|1,984,256| ||Surplus (Loss) for year||||89,504|(56,088)| ||Profit/(Loss)
on investments|revaluation|to designated|reserves||| ||Transfer to/from Designated|Reserves|||(11,755)|(1,782)| ||Balance at end ofyear||||1,984,256|1,926,385| |9|OFFICERS' AND SENIOR|EXECUTIVES' EMOLUMENTS||||| ||The only person receiving emoluments||was the clerk to the trustees. The clerk' s|||| ||remuneration
for the year to|31stDecember 2022 was f12,893.||||| |10|INTEREST RECEIVABLE|AND OTHER INCOME|||2021
f|2022
f| ||Net income from 223 Loddon Bridge Road (see note 10)||||8,892|8,147| ||Interest and dividends
on investments||||25,431|26,834| ||Other income||||864|1,041| ||||||35,187|36,022| |11|INCOME FROM PROPERTY - 223 Loddon Bridge|||Road, Woodley|2021
f|2022
f| ||Rental income||||11,810|12,101| ||Valuation|||||(480)| ||Decorating &repairs||||(1,641)|(2,165)| ||Less agents commission
and|disbursements|||(1,277)|(1,309)| ||||||8,892|8,147| ## ## ## ## ## |RVICES|||| |---|---|---|---| |Salaries
Property & Indemnity
Water charges
Bank charges|insurance||8,595
2,260
4, 134
133| ||||15,122| |Heating
Electricity
Cleaning
Garden
Communication
care|||10,350
2,676
2,600
3,026
2,821| ||||36,594| |ANAGEMENT|||| |Secretarial
Almshouse
Association
Postage, stationery
and
Audit and accountancy
Sundries||subscription
clerk's expenses|4,298
360
525
2,302
2,756| ||||10,241| ## ## |AN|NUAL|REPO|RT FOR THE YEAR TO 31ssDECEMBER 2023|| |---|---|---|---|---| |The Trustees;|||Mrs Pauline
Allen (Chairman
- 5year term
10n July 2026)- Co-opted|ofoffice to| ||||Mr Rodney Huggins
(Vice-Chairman
-5 year term of
otnce to 10~January 2025)—Co-opted|| ||||Mr Michael Mitchell (5year term ofoffice to 25'"|| ||||February 2024) —Co-opted|| ||||Mrs Sonia Boyles (5year term ofoffice to 7'"September
2027) —Co-opted|| ||||Mrs Jane Batts (5year term ofoffice to 26'"|February| ||||2024) —Co-opted|| ||||Mrs Shelagh Flower (4year term ofoffice to31"May
2024) —Woodley Town Council|| ||||Ms Jennifer Cheng (resigned 24~ October 2023)—|| ||||Woodley Town Council|| ||||Mrs Lauren McCann (4year term ofoffice to 29'" June|| ||||2026) —Charvil
Parish Council|| ||||Mr Abdul Loyes (4year term ofoffice ended
2023) —Wokingham
Borough Council|31"May| ||||Mrs Kay Gilder (4year term ofoffice to 25a|May 2026)| ||||- Woodley Town Council|| ||||Mr Darren Smith (resigned
15aMay 2023)—Woodley|| ||||Town Council|| ||||Mrs Mary Holmes (16aMay 2023 to 5'"June|2026)—| ||||Woodley Town Council|| ||||Mrs Jane Ainslie (1year term to 17"May 2024)—|| ||||Wokin
ham Borou
h Council|| |Clerk to the Trustees:|||Mrs E M Fidler|| |Office Address:|||4 Tiverton Close|| ||||Woodley|| ||||Reading|| ||||RG5 3BE|| |Bankers:|||Lloyds Bank Pic|| ||||Brackne 1 1|| ||||Berkshire|| |Solicitors:|||Field Seymour Parkes LLP|| ||||I London Street|| ||||Reading|| ||||RGI 4PN|| |Architect:|||Christo
her Ta|RIBA| |Auditor and Accounting &||Tax|Advisers:
Edwin Smith|| ||||32Queens Road|| ||||Reading|| ||||Berkshire|| |Charity Commission|registration||number:
242574|| |Regulator ofSocial|Housing|registration
number:
ESA2366||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||TURNOVER|||||| |---|---|---|---|---|---|---| |78,943|Gross maintenance
charges receivable|||||88,970| |2,177|Less: Voids|||||1,341| |76,766|Net maintenance
charges|||||87,629| |13,884|Utility charges receivable|||||17,989| |280|Storage unit rents received|||||280| |90,930||||||105,898| ||OPERATING COSTS|||||| |36,594|Services|||||37,207| |10,241|Management|||||10,182| |58,244|Routine maintenance|||||47,790| ||Extraordinary
repairs|||||| |105,079||||||95,179| |(14,149)|OPERATING SURPLUS (DEFICIT)|||||10,719| |(70,166)|Profit/(Loss)
on revaluation offixed asset investments|||||47,186| ||Profit/(Loss)
on revaluation ofproperty|||investments|(note 20i))|| |36,022|Interest receivable
and other|income (note 10)||||37,386| ||Interest payable and similar charges|||||| |(48,294)|Surplus(Deficit)
on ordinary|activities before taxation||||95,291| ||Taxation on surplus
on ordinary||activities (note 12)|||| |(48,294)|GROSS SURPLUS (DEFICIT)FOR THE YEAR|||||95,291| |(7,794)|RELIEFIN NEED GRANTS|k|DONATIONS|||(5,568)| |(56,088)|NET SURPLUS (DEFICIT)|FORTHE||YEAR||89,723| ||MOVEMENT ON RESERVES|||||| |1,984,256|Balance brought
forward|||||1,926,386| |(56,088)|Net surplus (deficit) for the year|||||89,723| ||Net transfers from/(to):|||||| ||Building Fund|||||| |1,782|Extraordinary
maintenance|reserve||||16,836)| |1,926,386||||||1,999,273| |2022||0|| |---|---|---|---| ||FIXEDASSETS||| |1,126,198|Freehold
housing properties
(note 2)|1,126,198|| |165,003
1,238,333
2,529,534|Property
Improvements
(note 2)
Investments
(note 3)
TOTAL FIXED ASSETS&INVESTMENTS|166,841
1,333,243|2,626,282| ||CURRENT ASSETS||| |3,926
33,886|Debtors (note 4)
Cash at bank and in hand|3,093
53,039|| |37,812||56,132|| ||CURRENT LIABILITIES||| |(18,044)
19,768|Creditors - amounts
falling due within one year (note 5)
NET CURRENT ASSETS|(15,790)|40,342| |(12,147)|PROVISIONS FOR LIABILITIES (note 6)||(8,858)| |2,537,155|TOTAL ASSETSLESS LIABILITIES||2,657,766| ||CAPITAL AND RESERVES||| |610,769
1,926,386
|DESIGNATED RESERVES (note 7)
REVENUE RESERVES(note 8)||658,493
1,999,273
2,657,766| ## ## |depreciation
charge off13,188(202|1SII,|959)arisin|g from the cu|mulative
expend|iture
to 31D|ecember 202| |---|---|---|---|---|---|---| |INVESI'MENIS||||Market||Market| ||||Cost|value|Cost|value| ||||2021|2021|2022|2022| ||||f|f,|8|| |National
Association ofAlmshouses|Common||128,801|430,254|130,583|435,438| |Investment
Fund - 4126.169Accumulation||shares*||||| |Charities Official Ethical Investment|Fund||373,872|396,997|488,523|457,312| |166,853.69Income Units||||||| |Charities Official Investment
Fixed|Interest|Fund|125,000|126,216||| |95,028.13Income units||||||| |National
Association ofAlmshouses|Common||107,144|136,868|107,144|132,603| |Investment
Fund - 150,156.946 Income shares||||||| |COIF Charities Deposit account|||37,649|37,649|37,649|37,649| |National
Association ofAlmshouses|Common|||||| |Investment
Fund - 198,540.308Income shares **|||151,806|180,969|151,806|175,331| ||||924 272|I 308953|915705|~1238333| ## ## ## ## ||NOTES TO THE|ACCOUNT|S FORTHE|YEAR TO 31STDECEM|BER 2022|| |---|---|---|---|---|---|---| |8|REVENUE RESERVES||||2021|2022| ||||||f.|| ||Balance at beginning ofyear||||1,906,507|1,984,256| ||Surplus (Loss) for year||||89,504|(56,088)| ||Profit/(Loss)
on investments|revaluation|to designated|reserves||| ||Transfer to/from Designated|Reserves|||(11,755)|(1,782)| ||Balance at end ofyear||||1,984,256|1,926,385| |9|OFFICERS' AND SENIOR|EXECUTIVES' EMOLUMENTS||||| ||The only person receiving emoluments||was the clerk to the trustees. The clerk' s|||| ||remuneration
for the year to|31stDecember 2022 was f12,893.||||| |10|INTEREST RECEIVABLE|AND OTHER INCOME|||2021
f|2022
f| ||Net income from 223 Loddon Bridge Road (see note 10)||||8,892|8,147| ||Interest and dividends
on investments||||25,431|26,834| ||Other income||||864|1,041| ||||||35,187|36,022| |11|INCOME FROM PROPERTY - 223 Loddon Bridge|||Road, Woodley|2021
f|2022
f| ||Rental income||||11,810|12,101| ||Valuation|||||(480)| ||Decorating &repairs||||(1,641)|(2,165)| ||Less agents commission
and|disbursements|||(1,277)|(1,309)| ||||||8,892|8,147| ## ## ## ## ## |RVICES|||| |---|---|---|---| |Salaries
Property & Indemnity
Water charges
Bank charges|insurance||8,595
2,260
4, 134
133| ||||15,122| |Heating
Electricity
Cleaning
Garden
Communication
care|||10,350
2,676
2,600
3,026
2,821| ||||36,594| |ANAGEMENT|||| |Secretarial
Almshouse
Association
Postage, stationery
and
Audit and accountancy
Sundries||subscription
clerk's expenses|4,298
360
525
2,302
2,756| ||||10,241| ## ##