Chartty registration number 256447
WARWICK RELIEF IN NEED
ANNUAL REPORT AND UNAUDITED FINANCIAL5TATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2023

WARWICK RELIEF IN NEED
LEGAL AND ADMINISTRATIVE INFORMATION
Co-opted Trustees
Mrs l Honnoraty- Chairman
Mr5 S Brown
MSS Hunt
Mr J Atkinson
Mrs M Littlejohn
Mrs J Eslick
Cllr Parminder Singh Birdi (appointed April 20241
MSJ Reynold5 lappDinted June 20241
Nomlnatlve Trustees
Cllr D Browne lappointed May 20231
Cllr P Wightman lappointed May 2023, resigned June 20241
Cllr Parmillder Singh Birdi (resigned May 20231
Cllr K Gorman (appointed August 20231
Cllr C Moynihan (appointed June 20241
Ex-offi¢io Trustees
Reverend L Duckers
Reverend D Thompson Ireslgned Aprll 20241
Revd Canon Angus Aagaard (appointed May 20241
Clerk *0 Charity
Mrc E R Houghton
Charity number
256447
Principal addres5
CIO Moore & Tibbits
34 High Street
Warwick
Warwickshire
CV34 4BE
Independent examiner5
Burgis & Bullock
23-25 Waterlr)o Place
Learninglon Spa
CV32 SLA
8ankers
Lloyds TS8 Bank plc
10-12 Swan Street
Warwick
CV34 48T

WARWICK RELIEF IN NEED
LEGAL AND ADMINISTRATIVE INFORMATION
Soll¢ltors
Moore & Tibbits
34 High Street
Warwick
CV34 4BE
Investment advlsors
Brewin Dolphin Securities Limited
Woodstock Court
Blenhelm Road
Marlborough
Wiltshire
SN84AN

WARWICK RELIEF IN NEED
CONTENTS
Page
Trustees, report
Independent examiner's report
ststement of financial activities
Balance sheet
Notes to the financial statements
7-18

WARWICK RELIEF IN NEED
TRusfEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their annual repc*rt and financial ststements for the year ended 31 December 2023.
The finartcial statements have been prepared in accordance with the accountSng pollcles set out in note I
to the financial 5tstements and comply wlth the charity's Trust Deed, the Charrties Act 2011 and
"Accounting and Reportlng by Charilies.. Statement of Recommended Prartice applicable to charitie5
preparin8 their accounts in accordance with the FinanEial Reporting Standard applicable in the UK and
Republlc of Ireland IFRS 1021 (effective l January 20191"
Objtctive5 and activities
The objects of the charity are to relieve elther generally or Individually persons resident in the town of
Warwick who are in condition of need. hardship or distress. The charity makes grants to individuals and to
organisatian5 that fulfil the objects of the charity.
Structure. governance and management
The charlty is governed by a Scherne dated 29th March 1976 sealed by the Charity Commlssioner5. Thi5
resulted in an afflalgamation of the Chartties known as the Charhy of Thomas Aylworth. the Charity of the
Honourable John Smtth for Clothlng, the Revered John 5rniths' Bread and Shoe5 Charities. the Charity of
Henry Archer and others, the Combined Charities, the Charsty of George Partingion and the Brid8end Coal
Charity.
The induction process for a new Trustee Is as follow5. The Chairman will meet with the new Trustee to
explain all aspects of the Charity and to provide all re￿vant information regarding it. The Clerk to the
Trustee will write to the new trustee with a copy of the Scheme governing the charity and a copy of the
last set of account5, The Chalrman and the clerk to the trustees will also provide all assistance and
Infomiatlon necessary for the new trustee to becorne familiar with the workings of the charity.
Trustees are appointed pursuant to the provision of the Scherne. Co-opted trustees serve for 5 years. The
Irustees met on four occasions in the year. The grant sub committee met on fovr occa5ron5 and tonsulted
regularly. Grants are awarded by the trustees at therr meeting. The grart Sub-committee is authorised to
make grants to individuols of up to £LOOO. All grants awarded by the sub commfftee are reported to the
full committee at their rneetings.
Procedures and Policies for Grant making
Applications for individual 8rant5 are normally referred to the trustees by the soclal services or such other
organi5?lions. They are accompanied by a letter of explanatlon an(J a completed application form. Those
applications are nomally Considered by the 8rant 5ub-cofnmittee who either meet or consult and who
have power to award Brants not exceeding £1,51JJ. All other applications are considered by the Trustee5 in
a meeting.
Pthlic Benefit
The trustees have paid due re8ard to guidance issued by the Charity Commission in decidin8 what
activities the charity should undertake to fulfil their public benefit obligations and consider that thè
beneffts provided to a wide variety of grant appllcants demonstrate the charity's commitment to providing
benefits to all.

WARWICK RELIEF IN NEED
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED31 DECEMBER 2023
Achlevements and perfcffmance
During the year the trustees contiTrued to support local charities and individua15 making grant payments
totalling £146,15312022.' £152.2831. Trustee5 have agreed to make an annual grant of £ID,tK)O to Thomas
Oken'5 Charity in support of the General Active Monitoring and Mentoring Project progrdfflme IGAMMEI.
Thi5 commitment lasts until lune 2026, however the annual commitment Is subject to the conditions of
the grdllt agreement being met. In addition an unconditiofial grant to Myion Hospice was agreed by the
trustees. £4.000 of whlch remains payable at 31 December 2023.
Financlal rèview
As at 31st Oecember 2023 Ihe charity's unrestricted funds includin8 the Property reserve fund were
£390.272 12022: £326,559). These fund5 Comprlse net curreni assets of £15,425 12022.. £6,758) and
investments of £316.54412022= £269,858135 di5c105ed in notes to the flnancial statements. Endowment
funds Stood at £4,078,99612022- £4,010,526).
Reserves Policv
It is the policy of the charity that unrestricted funds which have not been designated for a specific use
should be rnaintèined at a level equivalent to between three and six month's expenditure. The trustees
considers that rèserves at this level will ensure that. In the event of a significant drop in funding, they wlll
be able to continue the charty's current activities while consideration Is given to Way5 ifb which additional
funds may be raised. This level of reserves has been maintained throughoul the year.
Prinfipal Risks
The trustee5 ha5 a55e5sed the major rlsks to which the charity is exposed, and are satisfied that 5VStems
are In place to mitigate exposure to any major risks. The investmertt properties are regularly inspected,
maintained in good condition and are comprehensively insured. mana6ement of the charity's investment
are undertaken by the professional investment managers and the property advisors. All grants are
authorlsed by the Trustees either in sub-committee or full committee. A policy has been established to set
aside at least IO% of the 3nnual rental income in a designated reseThe to meet repair costs and expenses
in void periods.
The trustees have acknowledged their duty to identify and revise the risk to which the charity is exposed
and to ensurè appropriate controls are in place to provide reasonable assurdnre against fraud 3nd error.
The trustees, report was approved by the Board of Twstees.
rs J H¢7nnoraty
Chairman
Dated.. ..*.

WARWICK RELIEF IN NEED
INDEPENDENT EXAMINER'S REPORT
TOTHETRUSTEES OF WARWICK RELIEF IN NEED
I report to the trustees on my examlnation of the financial statements of Warwick Relief in Need Ithe chaTilyl
for the year ended 31 De¢ember 2023.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparatlon of the financial ￿aternents In
accordano with the requirements of the Charitles Act 2011 Ithe 2011 Actl.
I report in respect of my examlnalitsn of the charity's financial staternent5 carried out under section 145 of
the 2011 Art. Ith carrying out my examlnaiion I have followed all the applicable Diiections given by the
Charity Commission under sertlon 14515llbl of the 2011 Act.
Independent ex4rniner'5 slatement
Your attention 15 drawn to the fact that the charty has prepared financial 5tatement5 in accordance wlth
Accovntin8 and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK 8nd Republic of Ireland IFRS 1021 in yeference to the Accounting and
Reporting by Charltiès.. Statement of Recommended Prnctice F5sued on l April 2￿5 which is referred to in
the extant reBulations but has now been withdrdwn.
l understand that ihls has been done in order for flnanclal statements to provide a tnje and fair view in
accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after
l January 2015.
I have completed my examination. I confirm that no matters have corne to my attention in connectlon with
the exarnination giving me cause to believe that in any material respect..
accountirg records were not kept in respect of the charity as required by 5ertion 130 of the 2011 A¢t,' or
the financial statèments do nol accord with those records,. or
the financial stalement5 do not comply with the applicable requirements concerning the form and
content of actount5 set out in the Charitie5 (Accounts and Reports) Regulatlons 2008 other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination.
I have no concerns and have come across no other mattels in connection wlth the examination to which
attention should be drawn in this report in order to enable a proper undeF5tanding of the financlal
statements to be reached.
W A Hubbard FCCA
8urgi5 & Bullock
23 25 Waterloo Place
Learnington Spa
CV32 SLA

WARWICK RELIEF IN NEED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Curreb)t finandal year
Unrestricted Unrestricted Endowment
funds
funds
funds
general Designated
2023
2023
Total
Total
2025
2023
2022
Notes
Income from".
Charitable activities
Grant income
Investments
400
208.213
400
215.086
6.873
198,804
Totsl income
208,613
6.873
215.486
198,804
Ex
enditure
Charitable activities
Gtsnts payable
Insurance
Repairs and renewals
Paintin8 contributions
Legal and professional fees
146.153
7,184
4,561
1,800
1,904
146,153
7,184
4.561
1,800
1,904
152,283
8,790
8,659
1,800
4.928
Total charitable expenditure
161,602
161,602
176.460
Governance and Adrntni5trdtion
05ts
24.714
1,656
12,508
38,878
38,467
Total resources expended
186.316
1,656
12,508
200,480
214.927
5urplu5/defiut from general artFvities
22,297
5,217
112,$081
15,006
{16,1231
Net gain5lllossesl on investments
3,490
32.709
80,978
117.177
1227,5081
Net movement in funds
25,787
37.926
68,470
132,183
1243,6311
Fund balan¢e5 at l January 2023
103,477
223,082 4AJlO,526 4,337,085 4,580,716
Fund balances at 31 December 2023
129.264
261.008 4.078,996 4.469,268 4,337,085
The statement of finantial activities includes all 8ain$ and losses recognised in the year. Atl income and
expenditure derive from continuing artiwtie5.

WARWICK RELIEF IN NEED
STATEMENT OF FINANCIAL AcrivinES ICONTINUEDI
FOR THE YEAR EAIDED 31 DECEMBER 2023
Piior financial year
Unrestricted Unrestricted Endowment
funds
fund$
fvnds
general Deslgnated
2022
2022
Total
2022
2022
Notes
ncome from:
Charitable activities
Investments
193,663
5,141
198.804
Total Income
193,663
5.141
198.804
enditure on..
Charitable artiviti
Grants payable
In5ufdnce
Repair5 and renewa15
Palntlng contributlons
Legal and professional fees
152,283
8,790
8,659
1,8LKJ
4.928
152.283
8,790
8,659
1.800
4.928
Total charitable Èmpenditure
176,460
176,460
Governante and AdMIn￿tratIOn costs
23,929
L502
13.036
38,467
Totsl resources Èxpended
200.389
1,502
13,036
214,927
Net Eain511105se51 on investments
14,0331
7.322
1230,7971 1227,5081
Gross transfers between fund5
Net movemerf lrt funds
115,0001
125,7591
15,OLY)
25,961
1243,8331 1243.6311
Fund balances at l January 2022
129,236
197,121 4,254,359 4,580,716
Fund balan¢es at 31 December 2022
103.477
223,082 4,010.526 4,337.085

WARWICK RELIEF IN NEED
BALANCE SHEET
AS AT31 DECEMBER 2023
2023
2022
Nots5
Flxed assets
Investment properties
Investments
1.999,876
2,453,967
1,999,876
2,330,451
4,453,843
4.330,327
C￿rrent assets
Debtors
Cash at bank and in hand
io
3,486
61,957
5,438
50.143
65,443
55,581
Creditors: amounts falling due within
one year
li
150,0181
148,8231
Net currènt assets
15.425
6.758
Total assets les$ current liabrlities
4,469.268
4,337,085
Capltal fvnds
Endowment funds
Income funds
Unrestrictèd funds- Designated
General unrestricted fund5
12
4,078,996
4,010.526
261,008
129,264
223,082
103,477
4.469,268
4,337,085
The financlal st*ement5 were approved by the Trustee5 on Ik......T¥>.Th￿lC￿z￿-
rs J Honnoraty
Trustee
r l Atkinson
Trustee

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER Z023
Accountlng poll¢ies
Chaiity Infornlation
Warwick Rellef in Need Is a charlty governed by a Scheme dated 29th March 1976 sealed by the Charity
conim155ioner5. This resulted in an amalgamation of the Charities known a5 the Charity of Thornas
Aylworth, the Charity of the Honovrable Reverend John Smith for Clothing. the Reverend John sm￿h,$
Bread and Shoe Charities, the Charity of Henry Archer and others, the Comblned Cha￿tIes. the Charity
of George Partington. and the Bridgend Coal Charity.
1.1 Actounting convention
The financial statements have been prepared in accordance with the charity's governing document, the
Charities Act 2011 and "Accounting and Reporting by Charltles: Statement of Recommended Practice
applicable to charities preparlng thelr accounts in accordance with the Financial Reporting Standard
appllcable Sn the UK and Republic of Ireland IFRS 1021 leffectlve I january 20191. The charity 15 a Public
Benefrt Entity a5 defined by FRS 102.
The charity ha5 taken advantage of the provisions in the SORP for charlties appfying FRS 102 Update
8ulletin I not to prepare a Statement of Cash Flow5.
The financial statements have departed from thè Charities IAccount5 and Reports) Regulations 2Q08
only to the extent required to provide a true and falr view. This departu￿ has Involved following the
statemènt of Recommended Practice for charities applyin8 FRS 102 rather than the version of the
statement of Recommended Practice whlch Is referred to in the Regulations which has since been
withdrawn.
The flnancial statements a￿ prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these flnandal statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. modfified to include
Ihe revaluation Df investment properties and ￿rtaIn flnancoal instruments at fair value. The principal
accounting pollcies adopted are set OLtt below.
l.Z Gglng concem
At the time of approving the financial ststement5. the trustees have a reasonable expectation that the
charity ha5 adequate ￿sourCeS to continue in operational existence for the foie5eeable future. Thus
the trustees contlnue to adopt the going concern basis of accounting in preparing the financial
Statements.
1.3 Charltable funds
Unrestricted funds are available for use at the dlscretion of the trustees In furtherance of their
charitable objectives.
Aestricted fvnds are subject to specific condition5 by donors or grantors as to how they may be used.
The purposes and uses of the restrkted funds are set out in the notes to the financial statement5.

WARWICK RELIEF IN NEED
NOTES TO THE FINANaAL STATEMENTS ICONTINUEDI
R?R THE YEAR ENDED 31 DECEMBER2023
Acfountlftg pollcles
(Continued)
The Endowment funds represents aS5et5 originally donated to the founder charities. The net Income/
expenditure arising from Endowment funds are not restricted and are traThSfer￿d to unrestricted funds.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance condltlons have
been met, the amounts can be measured ￿liably, and it Trs probable that income will be received.
Rental Income is accounted for in the period to which it relates.
All investment Income excluding deposlt Inte￿$1 is shown on the basls of amounts receivable in the
vear and Includes any tax credit or Income lax which is recoveiable by the charity. Deposit interest 15
shown en the basis of amounts Credited in the year.
1.5 Expenthture
Expenditure is accounted for on an accruals basis and has been classifjed under headings that
aggregate all cost related to the category. Grants offered subject to conditions which have not been met
at the year end date are noted as a tommitment but not accrued a5 expenditure.
1.6 Investment propertv
Investrnevt property, which 15 property held to eam rentals andlor for capital appreclation, is initially
re¢ognised at cost. whlch Includes the purchase cost and any directty attFbbut4ble expenditure.
Subsequently it is measured at fair value at the reportin8 end date. The surplus or deficit on revalualio
Is recognlsed the statement of flnan¢ial activities. At each reporting date the trustees review the
carrylng values to determlne whether there is any indlcatlon thai these values should be impaired.
1.7 Fixed asset Investments
Fsxèd asset investments are initrally measured at transaction price excludlng transactlon ¢osts. and are
subsequently measured at fairvalue at each reporting date. Changes in fair value are recognised in net
incorne/lexpenditurel for the year. Transaction costs are expensed as incurred. The market valuations
of investments are provided by The Charitie5 Official Investment Fund and Brewin Dolphin Securities
Limited. The respective values used represent the 'basic value, at the monthly valuation date and the
mid-market valuation.
IJ Cash and cash equivalent5
Cash and cash equlvalents Include cash in hand, dep051ts held at call with bank5, Other short-terrn liquid
investments with original maturities of three months or lèss. and bank overdrafts. Bank overdraft5 are
shown within borrowings in current liabilities.

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policie5
(Continuedl
1.9 Flnanclal Instruments
The charity has elected to apply the provisions of Sertion 11 'Basic Financial Instruments, and Section
12'0ther Flnanci31 Instruments Issues, of FRS 102 to all of its financial in5trumer)ts.
FÈnancial in51ruments are recognised in the charity's balance sheet when the charity becomes party to
the contrattual provisions of the instrument.
Financial assets anL4 liabilitie5 are offset. with the net amounts presented in the financial slatements.
when there is a legally enforteable right to set off the recognised amounts and there is an intention to
settle on a net basls or to realise the asset and settle the liability slmultaneously.
Bosicfinancitslussets
Basic financial assets, which include debtors and cash and bank balances. are initially measured at
trdnsa¢tion price including transattion costs and are subsequentty caryied at amortised c05t using the
effettive Sntere5t meihod unle55 the arrangement constitutes a financing transaction, where the
transactlon Is measured at the present value of the futL¥re recelpts discounted at a market rate of
irhtere5t. Financial assets ¢lassrfied as ieceivable within one year are not amortised.
Bu51cJlnqnriallivbilitie5
Baslc financial liabilities, including rent received in advante, accrnals and grants payable are initlally
recogni5ed at transaction prlce unless the arrangement constitutes a financing transaction. where the
debt instrument 15 measured at the present value of the futuie payments discounted at a market rnte
of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are Subsequently carried at amortised cost. using the effectwe interest Trte method.
Trade creditor5 are obligations to pay for goods or services that have been acqulred In ihe ordinary
course of operations from suppliers. Amounts payable are classified as current liabilities if poyment is
due withirn one year or less. If not, they are presented as non-current liabilitles. Trade credito¥s are
recognised initially at transaction pr1￿ and subsequently measured at amortlsed cost USI￿% the
effective inteiest rnethod.
Derecognition offinonriqlliobtilities
Financial liabilities are derecognised when the charitls contractual obligations expire or are discharged
or cancelled.
1.10 Taxatron
The charty is exempt from tax on income and galns falllng within section $05 of the Taxe5 Art 1988 or
sertion 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these a￿ applied to its
charitable objects.

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 310ECEM6ER 2023
Income from Ihvestments
UnrestrictedUnrestri¢ted
funds
fund5
general designated
2023
2023
Total Unrestrictedunrestricled
fund5
fund5
general designated
2022
2022
Total
2023
2022
Rental income
Income from listed
inve5tment5
Income from unlisted
investments
135,328
135.328
138,204
138,204
68.599
6.873
75.472
52,033
5,141
57,174
4,286
4.286
3,426
3,426
208,213
6,873
215,086
193,663
5,141
198,804
10-

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR EAIDED 31 DECEMBER 2023
Grants payable
Grdnls
payable
2023
fjrdnts
payable
2022
Grants to institutions..
Lord Leycester Hospital Almshouses
Warwick Young Carers
Citizens Advice SW
The Percy Estate-'The Gap"
Westgate Primary School
st Mary's Church Tower Refurbishment
Guys Cliffe Walled Garden
Klngflsher Pools
Macmillan Cancer Support
Air Ambulance
Happy Days
Armonrco Consort
20,582
5,000
14.000
52,356
425
io,oJo
7,000
54.664
4,000
5,000
1.500
2,500
377
2,250
3,000
10,000
2,500
1,400
Myton HospSces
Thoma5 Oken & Nicholas Eyffler ISWW Mind)
Frlends of Myton School
Evergreen School
Chase Meadow Community Centre Ltd
Guys Gift
Warwick Apprenticing Charities
6,000
10,000
3,500
2.600
10,000
101,264
129,390
Grants to indtviduals
44.889
22,893
146.153
152,283
Commitments
At the year end the charity had a comrnitment to Pay a further £4,000 to Myton Hospice, included in
the grant above.

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL sfATEMENTS (CONTINLIED}
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustee5
None of the trustees lor any persons ronnected with thernl received any rernuneratlon. beneflts or
expenses from the charity during the year.
Employèès
There were no employee5 durin8 the year.
Governance and Administrdtion cost5
Unre5trlrtEd
fund5
neral
Unrrtrfaed Endowment
fvnd5
fvnds
Dèsl8nated
Total
2023
2022
Clerk's fee5
Accountant'5 fees
Independent Examination
Brokers fees
20,000
2,794
1.920
20,000
2.794
1,920
14,164
20,000
2,129
1.800
14,538
1.656
12,508
24,714
L656
12,508
38,878
38,467
For the year ended 31 December
2022
23,929
1.502
13,036
38,467
Both accountant's fees and independent examination costs include the respective irrecoverable VAT for
the 2023 accounting year.
12-

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL 5fATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Investment property
2023
Falr value
At I january 2023 and 31 December 2023
1,999,876
Investment property at current value includes..
23123A Market Place Warwick £495,000
20 Swan st￿et Warwick
£415,030
St John's Hall
£300,000
10-12 Swan Street
£788,501
The valuatlon of the above propertles have been considered by the TnFStee5 at the year end and in
their opinion they still reflect a fair marf(et value given their rental income and use.
The hlstori¢al cost of the propertles Ilsted above is £L423.625.
Fixed asset Fnvestments
Listed
investments
COIF and
Chafibtsnd
Shares
Cash in
portlolio
Total
Cost or valuation
At l January 2023
Additions
Vèluation changes
Other cash movements
Disposals
2,021,588
294.735
97.945
184,995
123,868
1294.735}
2,330,451
19,232
117,177
6.339
6,339
243,931
1243,9311
At 31 Oecember 2023
2,170,337
204,227
79.403
2,453,967
Carryin8 amount
At 31 Oecember 2023
2,170,337
204.227
79,403
2,453,967
At 31 December 2022
2,021,588
184,995
123,868
2,330,451
14-

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Debtors
2023
2022
Amourtts falling due within one year:
Other debtor5
3,486
5,438
11 Creditors.. amounts falling due wbthln one year
20Z3
2022
Notes
Other taxation and social security
Grant Commltments
Rent received in advance
Other creditor5
Accruals and deferred income
3,708
4,000
19,490
16,200
6,620
3,708
5,000
19,455
14,400
6,260
50.018
48.823
Other credltors includes the property painting reserve of £16,20012022= £14,400).
12 Endowment fvnds
Endowment funds represent assets which must be held permanently by the charity. Income arising on
the endowmertt funds can be used in accordance with the objects of the ¢harily and is incknded è5
unrestricted income. Ary capital gains or195ses arising on the assets form part of the fund.
Al l January
2023
Resources
empended
Gains and
losses
At31
December
2023
Permanent endowments
4.010.526
112,5081
80,978
4,078,996
15-

WARWICK RELIEF IN NEED
NOTES TO TFIE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
12 ENlowm¢nt funds
Icontinuedl
Previous year,.
At l January fte50urce5
2022
expended
Galns and
losses
At31
cembÈr
2022
Permanent endowments
4.254,359
113,0361 1230,7971 4,010,526
13 Unre5trirted funds- de5i4nated
These are unrestricted fund5 whSch are material to the charfrty's activities.
At l January
2023
Incoming
resources
Resource5
expended
Transfers
Galns and
losses
At31
December
2023
Property
reserve fund
223.082
6,873
11.6561
32,709
261,lJ)8
Previou5 year..
At ljanuary
2022
Incoming
resour¢e$
Resource5
expended
Transfe
Gains and
losses
At31
December
2022
Property
reserve fund
197,121
5,141
11,5021
15,000
7,322
223,082
The Designated Property Reserve Fund ha5 been establlshed to pmide the charlty wlth sufficient funds
to meet repair costs and expenses during vold periods.
16-

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR EIVOED 31 DECEM8ER2023
14 Analysls of net assets between fvnds
Unre5trirted Unrestricted Endowment
funds
fvnds
funds
general Deslgnated
2023
2023
Total
2023
2023
Fund balan¢ès at 31 December 20Z3 are represented by:
Investment propertie5
58.303
Investmertts
37,206
Current assetsllliabllitiesl
33,755
1,941.573
1137,423
1,999,876
2,453.967
15,425
279,338
118.3301
129,264
261,008
4,078.996
4,469,268
Unrestrlcted Unrestricted Endowmert
funds
fvnds
funds
general Designated
2022
2022
Total
202Z
2022
Fund balances * 31 December 2022 are reprèsented by:
Investment properties
49,943
Investrnents
33,714
Current a5seis/lliabilitiesl
19,820
1,949,933
2,060,593
1,999,876
2,330,451
6,758
236.144
113,0621
103.477
223,082
4,010,526
4,337,085
The purchase of St John's Hall durin8 2012 at a cost of £198.620 was funded SO% from Endowment
Funds and 50% from Surplus Unrestricted Funds as approved by the Trustees. In the event of the future
sale of the property, it was approved that the proceeds should be divided a¢¢ordingly.
IS Related party transattlon5
The￿ were no disclosable related party transactions during the year12022- none?.
17

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMETrifs (CONTINUED)
FOR THE YEAR ENDED31 DECEMBER 2023
16 Cash generated from artivities
2023
2022
Surplus/ldeficitl for the year
132,183
1243,6311
Adjustments for-
Loss on disposal of investment$
Fair value gains and losse5 on Investments
1,938
1119,115)
S9,501
168,007
Movements In working capttal:
Decrease in debtots
Increaselldecreasel in creditors
1.952
1,19S
7,136
15,6471
Cash generated from gene￿1 activities
18,153
114,6341
Purchasè of investments
Proceeds on disposal of investments
1294.7351
243.931
1400.4471
418,892
IDecreasel/lncrease in cash balance5 in the year
132,6511
3.811
Made vpof..
Increase/ IDecrea5el in cash held at bank
IDecreasel/ InC￿aSe in cash held in investment portfolio
IL814
144,4651
121,8381
25,649
(32,6511
3,811
18-