Charty ￿giStr*t1￿n ntwnber 256447 IEThglandand Wale$l
WARWICK RELIEF IN NEED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

WARWICK RELIEF IN NEED
LEGAL AND ADMINISTRATIVE INFORfvIATION
Co-opted Trustees
Mrs l Honnornty- Chairman
S Brown
M5 S Hunt Ire55gned February 2025)
Mr J Atkinson
Mrs M Littlejohn
rs l Esllck
Cllr Pamiinder Singh Birdi lappointed April 20241
Mrs J Reynolds (appointed June 20241
Plomln*i¥e Trurtees
Cllr D Browne
Cllr P WiBhtman Iresigned June 20241
Cllr K Gommn
Cllr C Moynihan (appointed June 20241
Ex4R¢lo Trnstees
Reverend L Ducker5
Reverend D fhompson Ire5igned April 20241
Revd Canon An8us Aagaard (appointed May 20241
aork to Charity
Mr C E R Houshton
Charlty number
256447
Prln(ipal addres$
CIO Moore & Tibbrts
34 High Street
Watwlck
Warwlckshire
CV34 4BE
Independent examlners
Bur8t5 & Bullock
23-25 Waterfoo Place
Leamlngron Spa
CV32 SLA
Bankgr5
Lloyd5 TSB Bank plc
10-12 Swan Street
Warwtck
CV34 4BT
50licltors
Moore & Tbbbhs
34 Hi8h Street
Warwick
CV34 4BE

WARWICK RELIEF IN NEED
LEGAL AND ADMINISTRATIVE INFORMATION
Inv•stm•nt advisor¥
8rewin Oolphin Securltles Llmlted
Woodstock Court
Blenhelm Road
Marlborough
Wihshire
SN8 ÈSAN

WARWICK REUEF IN NEED
CONTEMrs
Page
Trustees, report
Independent examiner's report
Slatemen¢ of financial activities
Balonce Sheet
Note5 to the finandal statements
8-19

WARWICK RELIEF IN NEED
TRUSTEES, REPORT
FOR THE YEAR ENDED 32 DECEMBER 2024
The trustees present their annual report and financial Statements forthe yeir ended 31 Detember 2024.
The financial statements have been wepared in accordance wlth the accountlng polldes set out in note I
to the flnanclal 5tatement5 and COMP￿ with the charity'5 Trust Deed, the Chaiitie5 Art 2011 and
"ActountlnB and Reporting by Charlties.. Statement of Re¢ommended Prartice applicable to charities
preparing their accounts in accordance wlth the Financtal Reporting standard applicable in the VK and
Republic of Ireland IFRS 1021 leffedive I january 20191"
Oblertive5 and artmtles
The objecis of the Eharity ale to relieve esther generally or individually pe￿0￿5 resident In the town ol
Warwrck who are in condition of need, hardshlp or dtstress. The charfty make5 grants to IndNlduals aTrJ to
oF¥anl$•tions that fvlfil the oljiects otthe charity.
Strurturei governance and Thana￿￿ent
The charity is governed by a Scheme dated 29th Marth 1976 sealed by the Charity cornrni5sione￿. This
resulted In an amal8amation of the Charities known BS the Charity of ThoFnas Aylworth. the Charity cl the
Honourable John Smrth for Clothlng, the Revered John 5mlths' Bread and Shoe5 Charities, the Charity o*
Henry Archer and othets, the Combined Charities, the Chaiity of George Partlngtott the Bridgend Coal
Charity.
The Induclion process for a new Trustee hs as follows. The Chaim)an will meet wrth the new Tnjstee to
explain èll aspects of the Charity and to provide all relpvont inlgrmatSon re￿drding it. The Clerk to the
Trustee will write to the new trustee with a copy of the Scheme governing the charlty attd a copy of the
last set of accounts. The Chairrnan and the clerk to ihe trustees will also piovide a51 asslstsnce and
information necessary for the nèw trustee to become familiar wtth the worklngs of the chaiity.
Truste￿ are appointed putsuant to the provision of the Scheme. Co-opted trustees serve for S years. The
tru5tee5 met on four occasions In the year. The grant Sub-committee met on four Ixcasion5 and consurted
regularly. Grant5 arE awanled by the trustees at their meeting. The grant sutKommittee is authori5ed to
make grants to indfvlduals of up to £l.000. All grants awarded by the sub-commFttee a￿ reported to the
fvll commbttee at their rneetin85.
Prnctduw and Polities lorGfant makin8
Applications for Individual grants are nomially referred to the twstees by the social service5 or such otheT
organisations. They are accompanied by a letter of explanation and a completed application fomTr. Those
?ppllcatlons are norrnal￿ consklered by the 8rant sub-committee who either meet or cunsuli and who
have power to award grants not exceedlng £1,5(Xl. All other appllcations arè considered by the Trustees in
a meetin8.
Publlc Benefft
The trustees have paid due regard to guidance i55ued ￿ the Charity Commtsslon In decidlng what
activ¢ties the charity Should undertakt to fulfil their public benefit obligations and consider that the
benefits provlded to a wide ¥ariety of grant applicants demonstrate the charity's cornmRment to provitlln8
benefits to all.

WARWICK RELIEF IN NEED
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlevements and performance
During the year ihe trustees continued to support local charftles and individuals m?klng giant payments
totalllng £135.74012023.. £146,153). In the prior yèèr an unconditional grnnt to Myton Hospice wa5
a8reed by the trustees, £l,(KQ of whtth remains payable at 31 December 2024.
Flnancial re¥7ew
As at 31st Decèmber 2024 the charity's unrestricted funds including the property reserve fund were
£537,465 12023.. £390.2721. These funds comprlse net wrrent assets of £44.154 12023= £15,425> and
investments of £493.31112023: £374.8471 a$ dlsclosed in notes to the financial ststement& Endowment
funds stood at E3,992.79412C123: E4,078,9961.
Re5erve5 PollLy
It 15 the pollcy of the charity that unrestrkted fund5 which have not been de51gnated ft)r a specific use
should bè maintained at 3 level equfvalent to between three and srA month's expenditure. The trustees
Considers that reserves at this level will ensure that, in the event of a si¥nrficant drop in fundin& thry wlll
be able to continue the charity's current actlvitles whlle considerniion 5$ given to ways in whlth additional
funils may be rdi5ed. This level of re5erve5 has been malntabned throughout the year.
Prfnclpal R15ks
The trustees ha5 asse55ed the major risks to which the charity Ss exposed, and afe 5ati5fied that 5yStems
are In place to mtttgate exposure to any malor rlsks. The investment properties are ￿sUlaT￿ inspected,
maintsined in good ¢ondilion and are comprehenstvety insured, management of the charity's investment
are undertaken by the professional investmènt managers and the property advlsors. All 8r3nts are
authorised bythe Trustees either in sub<tsrnmittee Of full committee. A policy ha5 been e5tabllshed to set
asbdÈ at least IQ% of the annual rental Income In a de$4gnated reserve to meet ￿pair tosts and expenses
in void perlods.
The trustees have acknowted8ed their duty to identify and revise the rlsk to which the charlty Is exposed
and to ensure appropriate controls are In place to provlde reasonable assurance against fraud and error.
Thet
ee5' report was approved by the 8oard of Trustees.
s J Ilannoraty
ChalTni
Dated..

WARWICK RELIEF IN NEED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF WARWICK RELIEF IN NEED
I report to the trustee5 on my exarninatlon ol the financiol statement5 Of Walwlck Relief in Need Ithe charity)
for the year ended 31 December 2024.
ReSpOn￿bIlltles and basis of report
As the trustee5 Of the charlty you are responsible for the preparatton of the flnanclal statements in
accordonce with the requirements of the Charities Ad 2011.
I report In respect of my examlnatlon of the charlty's financlal ststements cathed out under settion 145 of
the Charrf(ies Art 2011. In ¢arryin8 Out my examination I have followed the Dirertions gNen by the Charity
Commtsslon under section 14515llbl of the Charities Act 2011.
Independent examin*5 statement
Your attentlon is drawn to the fact that the charty has prepared the finantial statements in attordance wlth
the ￿levant version of the Statement of Recommended Pract1￿ appllcable to charities preparing their
financial statements in accordance wrth the Financial Reporting Stsndard applicable in the UK and Republic
of Ireland IFRS 1021 In preference to the Accounting and Reporting by Charltles: Statement of Recommended
Prdctice issued on l April 2005 whlch is referred to in the extant regulations but has now been wtthdrnwn. I
understand that this has been done in order for the finanaal statements to provide a Irup and fair vlew in
Ordan￿ with UK Generally Accepted Actounting Practice.
I have completed my exaMinat￿n. I confirm that no maners have come to my attention in conneclton with
the examination givlng me cause to belleve that in any material respect..
accounting records were not kept in respect of ihe tharity a5 required by section 130 of the Charities Act
2011; or
the financial statements do not accord with those records,. or
the financial statements do not comply with the appllcèble requirements concerning the foim and
content of financial stalements Set out in ihe Charitles (Account5 and Reports) Regulations 2008 other
than any requirement that ihe flnanclal statements give a true and falr view. which is not a matter
conside￿d as part of an IndÈpendent examination.
I have no ¢on¢ems and hjve come across no other Matte￿ in connertion with the exgmination to which
attentlon should be drawrt in this ieport In order to enabFe a Fffoper undetstanding uf the fi'nanclal
Statementsto be reached.
W A Hubbard FCCA
Bur815 & Bullock
23 25 Watefloo Pla
Learnin8ton Spa
CV32 51A
Date..

WARWICK RELIEF IN NEED
srATEMENT OF FINANCIAL AcmiiTIES
FOR TrIE YEAR ENDED 31 DECEMBER 2024
Current financial ￿ar
Unrestrlcted Unrestrirt•d Endow￿￿1
lunds
fund$
fvnds
neral De5iznatod
2024
2024
Total
Total
2024
2024
2023
Noies
IrJ(om• from:
Charitable activities
Grant Income
Inve5tmenls
21x1,785
8.167
215,086
Total income
200,785
8,167
208,952
215,486
endlture on:
Char¢table activsties
Grants payable
Insurance
Repairs and ￿ newals
Painting contributions
Legal and professlortal fees
135,740
,147
10.300
1,800
221
135,740
8.147
10,30D
146,153
7,184
4.561
1.800
Lg)4
221
7ot•l th?rit?ble expenditiwe
156,208
156,208
161,FA)2
Governance and Administration
costs
25,632
12,718
40,227
38,878
Totsl resources expEnded
18L840
1,871
12,718
196,435
2W,480
Surplusldèfitit from general artlvlttes
18.945
6,290
112,7181
12.517
15.006
Net galnsll1055esl on inve51ment5
1,232
28.742
48,474
117.177
Ne¢ incomiTri resoLwces bttore tran51ers
20.177
35,032
5,782
60,991
132,183

WARWICK RELIEF IN NEED
STATEMENT OF FINANCIAL AcfiviTIES ICONTINUED)
FOR THE YEAR ENDED 32 DECEMBER2024
Unrestri¢ted Unrestrt¢ted Endowmert
funds
lund5
fvnds
8eneral De5iSn•ted
2024
2024
Total
2024
2024
2023
Note5
Net Incomlng resources before transfers
20,177
35,032
5,782
,991
132,183
Gro55 transfeF5 between funds
81,749
10.235
191.9841
Net movement In lunds
IOL926
45,267
186,2021
60,991
132,183
Fund balance5 at l January 2024
129,264
261,008 4,078,996 4,469,268 4,337,085
Fund bala￿￿ at 31 December 2024
231,190
306,275 3,992,794 4,530,259 4,469.268
The statemert of financral activities Includes all Bains and b$5es recognised in the year. income and
eXpend￿Vre derive from continuing activitie5.

WARWICK REUEF IN NEED
STATEMENT OF FINANaAL AcrivmES (CONTINUEO)
FOR THE YEAR EIVDED 31 DECEMBER 2024
Prior financlal year
UnTrstri¢ted Unreslricted ÉndDYmient
funds
funds
nth
8enerdl Oesignated
2023
2023
Total
2013
2023
Notes
Incomefrom:
CharTtable activities
Gra￿ income
Investments
400
215,086
208,213
6,873
Total income
208,613
6,873
215.486
n(%twe on:
Charltabl actlvitles
Grant5 payable
Insurante
Repairs and renewals
Painting contributlons
Legal and professional fees
146.153
7.184
4,561
L800
1.904
146,153
7,184
4,561
Total charltable expendlture
161,602
161,602
Governance and Administration costs
24,714
1.656
12,508
38.878
Totsl resources expended
186.316
L656
12.508
200,480
Net 8ains/l10s5esl on investments
3,490
32,709
80.978
117.177
l+let Inwming resources before tr•nskn
25.787
37.926
68.470
132,183
Net mo¥em*nt in fu*ids
25,787
37,926
68,470
132.183
Fund balances at l January 2023
103,477
223,082 4,010,526 4.337,085
Fund balances al 31 December 2023
129,264
261.008 4.078,996 4,469,268

WARWICK RELIEF IN NEED
BALANCE SHErr
ASAT31 DECEM8ER 2024
2024
2023
Note5
Investment pmperties
Investments
1,999.876
1486,229
1,999,876
2,453.967
io
4,486,105
4,453,843
Current assets
Oebtors
Cash at bank and in hand
li
6,005
86,082
3,486
6L957
92.087
65A43
Crethtors: amounts lallinl due ￿tythkn
one year
12
147,9331
150.0181
Wet turrent assets
44,154
15,425
Tol•l assets Ip55 currrynt li4bililles
4,530,259
4,469,268
Caplial funds
Endowment fvnd5
Ineome fund5
Unrestrirted fun(ts- Designated
General unrestricted funds
13
3,992,794
4,078,9%
14
306.275
231,190
261,C08
129,264
4,530.259
4,469,268
The finandal statements were approved by the Trustees on..
r5 J Honnordty
Tn4$1ee
J Atklnson
..Tnstee

WARWICK RELIEF IN NEED
NOTES TO THE FIIIANCIAL STATEMENTS
FOR THE YEAR EAIDED 31 DECEMBER2024
AccountlnB polldes
Charity infomiatlon
Warwick Relief in Need Is a tharity governed by a Scheme dated 29th March 1976 sealed by the Charity
commissH)ner5. Thi5 resulted In an amalgamation of the Cha￿tieS known as the Chartty of Thomas
Aylworth, the Charity of the HOnou￿bIe Reverend John Smith for Clothin& the Reverend John Smith s
Bread and Shoe Charities, the Charity of Henry Archer and other5, the Combined Charitie5, the Charity
of George Partin8ton, and the aridgend Coal Charltv.
1.1 Accounting fonventlon
The flnantlal statements have been prepared in accordance with the charity's governing document, the
Charities Act 2011 and "Accounting ond fteporting by Charitie5-. Ststement of Recornrnended Prartice
applicable to charities preparing their accounts Én accordance with the Financial Reporting Standard
appllcable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191.. The charlty is a Public
BenefFt Entity as deflnÈd ￿ FRS 102.
The charlty has taken advantage of the provisions in the SORP for tharitie5 applying FRS 102 UFJdate
Bulletin I not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charitie5 IAccounts and Reports) Regulatlon9 2008
only to the exteftt required to pro¥lde a trve and fair view. This departure has involved following the
Statement of Recommended Practl¢e for ¢harFties applw'ng FRS 102 rather than the veision of the
ststement of Retommended Prartice which 15 referred to in the Regulatlons but whlth has since been
withdrdwn.
The financial statement5 afe prepared in sterlin& which Is the functional ¢urrEllCY of the charlty.
Monetary arnounts in these financial Statements are rounded to the nearest £.
The financial statements have been prepared under the hlstortol cost convention. modified to include
the revaluatioTr of investment properties and certaln flnancial instruments at fair valu2. The prtndpal
¢countin8 pollcies adopted are Set out below.
1.2 Going concern
At the time of approvln8 the f*nancial statèmÈnts, the trustee5 have a reasonable expert)tion that the
charity has adequate resources to continue in operallonal existence foT the fO￿seeable future. Thus
the trustees continue to adopt the gdng concern basr5 of accounting in preparing the financial
statements.
13 Charitable l￿d5
Unrestricted fijnds are a¥allable for use at the discretiofi of the trustees in furtheran￿ of iheir
charitable 4Jblectives.
Restrkted fund5 are subAecl to specific condltions by donors or grantors as to how they may be used.
The purposes and use5 of the restrlcted funds are set out In the notes io the financlaS statements.

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
untlng pollcles
{Contlnued)
The Endowment funds represent5 35sets origlnalty donated to ihe founder charltle5. The net Incomel
expenditure èrlsing from Endowment hjnds are not restrkted and arè tTrnsferred to unrestrlcted fund5.
1.4 In¢ome
Income is recognised when the charitv 15 legally entbtled to it after any perfomian¢e ￿nditionS have
been meL the amounts can be measured ￿liably, and It Is probable that income wlll be rece
Rent•l income ts accounted for In the period to which it relates.
All Investment Income excluding deposst interest is shown on the basis of amounts re￿1vable in the
year and include5 any 14x credit or income tax which is recovernbie by the charliy. Oeposit intereK Is
shown on the basi5 of amounts credited in the year.
IS Expenditure
Expenditure 15 OC¢QUnted for on an •ccrua15 basr5 and has been classrfied under headings that
aggregate all cost related io the category. Grants offerEd subjecl to conditions which have not been met
at the year end date are nffjed as a comrnrtment but not accrued as expenditure.
1.6 Investment property
Investment property, which is property held to eam rentals ondlor for capltal apprecl*ion.15 initiallv
recognised at cost. which includes the purchase c05t and any direttty attrlbutable expenditure.
Subsequently h is measyred at fair value at the reporrin8 end date. The surplus or deficit on revaluation
Ss recognlsed the statement of financial attivlties. At each reportlng datè the trustees review ihe
¢arrying w41ues to determine whetherthere is any indlcatKin that these values should be impaired.
L7 F￿¢d asset Investments
Fixed asset investments are initlally me•sured at transactlon prlce exdudift8 transartion costs. and are
sub5equentEy measured at fair value at each reporting date. Ch3n8es in fair value 4re rewgn55ed ift net
incomellexpenditurel for the year. Tran5aition costs are expensed a5 incurred. The market valuations
of investments are provided by The Charities Official Investment Fund and Brewin Dolphin Securit[¢$
Limited. The respective values used represent the 'basic value, at the monthly valuation date and the
rnid-market valuation.
L8 Cash anrt tash equivalents
Cash and cash equiwdlents inchjde cash In hand, deposits held at call with banks, other short-term ltyuid
investments wlth original maturitles of throe months or less, and bank overdrafts. Bank overdrafts are
shown within borrwlngs In current liabilities.

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAREAIDED 31 DECEM8ER2024
A<<ountlng poli¢ies
Icontlnuedl
1.9 finandal instruments
The charity has elected to apply the provisions of Section 11 'Ba5tc Flnanoal Instwments, and Seth"on
12'0ther Finanual Instrnfflents Issues, of FAS 102tD all of Its flnancial instruments.
Financial instruments a￿ recognlsed in the charrty's baknce Sheet when the charity becomes party to
the contractual provisions of the instrnment.
Flnancial assets and liabllltie5 are offtet, with the net amount5 p￿Sented in the financial statements.
when there Is a legally enforceable right to set off the recognised amounts and there Is an intentlon to
settle on a net bas15 or to realisè the a$5et and settle the liability simuttaneously.
Baskflnonclulussets
Basic flnancial a5sels, whtch Include debtoTh and cash and bank balances. •re initially measured at
transaction price indudlng transaction costs and are subsequently carried at amortised cost usin8 the
effective interest rnethod unless the arrangement constitutes a fin3ncin8 tRnsa¢tlon. where the
transaction Is mèasured at the pr*sent value of the future receipts dlscounted at a market rate of
interest. Flnanclal assets classifled as recelvable within one year are not amortised.
wsic Jin¢mciol liabllltles
Basic financial liabilities. IncludSng rent Tecei¥ed In advancè, a¢¢rua15 and gnnts payable are initially
recognised at trdn5action price unle55 the arrangement constttutes a financing transaction. where the
debt instrument is measured at the present value of the future payment5 discounted It a market rate
of interest. Financial liabilbtles classified a5 payable within one year are not amorttsed.
Debt instruments are subsequently carried * amortised cost. usln8 the effective interest rate method.
Tr•Je creditors are obllgatlons to pay for goods Of service5 that have been acquired in the ordinary
course of operatiofis from 5uppllers. Amount5 payable are classrfied as current liabllltles If payment is
due wlihln one year or le55. ff not. they are presented as non-current liabilitie5. Trade creditors are
recognised inr(ially at transartion price and subsequently measure41 at afflortised c05t V5ing the
eflertive intefe5t rnethod.
Derecognition offinanciulllubllltles
Financial liabllitles are deretognbed when the ¢harltV5 contractual Obl￿ationS expire or are discharged
or cancelled.
1.10 T•Mation
The charlty bs exempt from tax on Income and galns frdlling within sectlon 505 of the Taxes Aci 1988 or
sècrion 252 01 the Taxationof Chargeable Gains Act 1992 to the exient that these a￿ applied to its
charltable obj'ects.
10-

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAI STATEMEfus (CONnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from investment5
Unrestr1¢tedUn￿Arfrted
funds
enernl de5i8nated
2024
2014
Totsl unrestrictsdunres￿rted
fvnds
funds
ieral desi8nated
2023
2023
Total
2024
2023
Rent81 1￿CoMe
Income from listed
investments
Intome from unlisted
investments
134.715
134,715
135,328
135,3Z8
60,773
8,167
68,940
68,599
6A73
75.472
5,257
5,297
4,286
4,286
21K),785
8,167
208,952
208,213
6.873
215,086
11

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEO)
FOR THE YEAR ENIKI 31 DECEMBER 2024
Gronts payable
Gr4nts
payable
2024
G￿nts
payable
2023
Grants to institutions-.
Lord Leycester Hospital Ahnshovses
Warwick Young Carers
CitFtrn5 Advice SW
Evergreen Schi)ol
The Percy Estate- The Gap.
The Parenting Proje
Newburgh Primary School
Guy5 Cliffe Walled Garden
New Lrfe Church
Macmlllan Cancer Support
Aif Ambulance
Prlory Area Community
Myton Hospi￿5
Thomas Oken & Nlcholas Eyffler ISWW Mind)
Chase Meadovd Community Centre Ltd
Guys Gfft
Warwick Apprenticing Charftles
4,S25
7.5(
7.639
57.996
54,664
1,160
675
1,500
2.000
G,000
io.i)00
3.5OJ
7.731
io,(N]o
96.n6
101.264
Grants to Indrvidua15
39,014
44,889
135,740
146,153
CommStments
At the year end Ihe chafily had commitments to pay £l,OCKI to m￿oft Hospice and £2,C(Kl to Prlory
Area Community.
Trusteos
None of the trustees lor Jny persons connected with them) received any ￿M￿neratIOn, beneflts or
expenses from the charity duringihe year.
12-

WARWICK RELIEF IN NEED
NOTESTO THE FINANCIAL STATEMENTS {CONTINUED)
FOR TrIE YEAR ENDED31 DECEM8ER2024
Employeès
There were no empEoyees durln8 the year.
Govemance and Adminlsiratlon ¢osts
UTrveArld•d
fvnd5
Urtre#rfrttd Endv4rnient
nd5
De$4n•t•d
Clerk's fees
Accountant's fees
Independent Examinatlon
Brnkers fees
20.000
20.IXJO
3.558
2,074
14,595
20,(XX)
2,794
1,920
14,164
2.074
1,877
12.718
25,632
L877
12,718
40,227
38,878
For the year ended 311)ecwnber
2023
24,714
L656
12,508
38,878
13-

Tm

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL sfATEMENTS IcorfriNUED)
FOR THE YEAR ENDED 31 DECEMBER2024
Transler5
The Iransfets between fvnds reftect the appropriate classiffication of investment proFerty.
Inhwbnent property
2024
Falr brylue
At l January 2024 and 31 December 2024
1.999,876
Investment property at cuffent value include5'.
23123A Market Place
£495,0
20 Swan Street
£415,C
St John's Hall
£3W.C
IIF12 Swan Street
£789,876
The valuation of the above propertle5 have been ¢onsidered by the Tru5tee5 at the year end and In
their opinlon they stlll renect a frdir market value given their rental income an41 use,
The historical cost of the propertles listed above Is £1,423.625.
10 Fixed 8sset invejtmeftts
l•￿ed
Unlisted
in¥e5tments Investmehts
Cash in
portfoltts
T¢tsl
Cost or ¥aluatlon
At l January 2024
Addltlons
Valuation changes
Other tash mo¥ements
D15P05a15
2,170.337
293,618
41,631
204,227
79.403
2,453,967
293.618
48.474
123,281)
1286.5491
6.843
{23.2811
1286,5491
At 31 Decewnber 2024
2,219,037
211,070
56.122
2,486,229
Carrylng amount
At 31 December 2024
2,219,037
211,070
56,122
2,486.229
At 31 Detember2023
2,170,337
2tJ4,227
79,403
2.453,967
1s-

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEmE￿rs (CONTINUED
FOR THE YEAR EP4DED31 DECEMBER 2024
11 Debtors
2024
2023
Amounts fallln8 due wrthin oneyear:
Other debtors
6,005
3,486
12 thd1t0￿. amounts fal%nB the within one yèar
2024
2023
Other tsxation and S￿la1 security
Grdnt commltments
Rent received In adrdnce
Other creditors
Accruals and doferred income
7,417
3,708
4,(KlO
19,490
16,2CQ
6,620
19.426
11,124
6.966
47,933
50.018
Other creditois include5 the propety palntlng rese￿ of £11.12412023.. £16.2￿>.
13 Endowmtnt funds
Endowment fvnds rEpresenl asset5 which must be held pernianently by the chèrity. Income ari$in8 on
the endowment funds can be used Fn accordance w￿h the object5 Of the charity and is included as
unrestricied income. Any capltal gains or losse5 arising on the a55ets forni part of the fund.
At ljanuary Resources
2024
expended
Transfers
Galns and
1055es
At31
Decembèr
2024
Perm*nent endowment5
4,078,996
112,7181
19L9841
18,500
3,992,794
16-

WARWICK RELIEF IN NEED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR EIVDED 31 DECEMBER2024
13 Efid0￿M￿nt lunds
Icontinuedl
Prevloys y•ar:
At l January
2023
Resources
expended
Transfers
68lDs and
A131
losses Dtctmber
2023
Pemianent endowments
4,010,526
112,5081
80,978
4,078,996
14 Unrestrirted funds- de*nated
The5e.are unrestricted funds whlch are materlal to the charity's activitle&
At lJaNary
Z024
comlng
re9ources
Resour¢e5
expended
Transfers
Gains and
At31
losses De¢effiber
20Z4
Property
reserve fun(1
261,CQ8
8,167
1,8771
10.235
28.742
306.275
Previou5 year:
At l January
Incomlng Resouf¢es TTrnsfers
2023 resounes expended
Galns and
At31
losses December
2023
Propertv
reserve fund
223,082
6,873
11,6561
32,709
261,008
The Designated Property Reserve Fund has been ertablished to provide the charity with sufficient lund5
to meet repair costs and expen5e5 durin8 void periods.
17-

WARWICK RELIEF IN NEED
NOTES TO ThE FINANCIAL STATEMENTS Icopin14UEDI
FOR THE YEAR ENDED31 DECEMBER 2024
15 Analysis of net a55ets betbveen fund5
Unrestri¢ted Unrestrlcted Endowment
nds
funds
funds
general designètsd
2024
2024
Total
2024
2024
At 31 December 2024,.
Investment properties
Investments
Current asset51111abllltiesl
150,000
37,036
44,154
1.849.876
2.142.918
L999.876
L486.229
44.154
306,275
231,190
306.275
3,992,794
4.530,259
U*Y•strfrted Unrestricted End¢Jwment
funds
lund$
funds
8enernl deslRnated
2023
2023
Ttstsi
2023
2023
At 310ecember 2023:
Invertment Propert
Investments
Current assets1lliabilitie51
58.303
37.206
33,755
1,941.573
2,137,423
1,999,876
2.453,967
15,425
279,338
118.3301
129,264
261,008
4,078.996
4,469,268
The purchase of St john's Hall during 2012 at ? ¢ost of £198,620 was funded 50% from Endowment
Funds and 50% from surplus UnrestrKted Funds a5 approved by the Trustees. In the event of the future
sale of the property, It was approved that the proceeds Should be divided accordln81y.
16 Related party t1￿5￿ctIonS
There We￿ no dlsclosable related party transactions duringtht year12023- nonel.
18-

WARWICK RELIEF IN NEED
NOTES To THE FINANCIAL STATEMENTS (copinNUED)
FOR ThE YEAR ENDED 31 DECEMBER 2024
17 Ca$h Benernted from artlvlties
2024
2023
Surplus for the year
60.991
132.183
Adltsstments for:
Loss on disposal of In¥eslments
Fair Value ￿1n$ and lo￿￿$ on inve5trnents
927
149,4011
1,938
1119,1151
Movements In working caprtal:
Ilntreaselldecrease in debtors
(Decfeasellincrease In creditors
12.5191
12,085>
1.952
1,195
Cash eenerated from Berterdl artivities
7,913
18,153
Purthase of irwestments
Proceed5 un disposal of itwestments
1293,6181
286,549
1294,7351
243,931
IDecreaseTrllncrease In cash balan￿5 In the year
132,6511
Made upof .
Incre4sellDecreasel in cash held ot bonk
IDecreasel/ Increase In (ash held In investment portfollo
24.125
{23.2811
11.814
144,4651
132,6511
19-