THE THAMES VALLEY POLICE BENEVOLENT FUND FTNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH2022 THE THAMES VALLEY POLICE BENEVOLENT FUND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
THE THAMES VALLEY POLICE BENEVOLENT FUIYD FTNANCIAL STATEMENTS FOR THE YEAR ENDED 31 M.4RCH2022 INDEX PAGE Report of the Management Committee Report of the auditors 4-7 Accounting policies Statement of FShancial A¢tivities Statement of Flnancial Poslton io Notes to the financial statements 11-13
THE THAMES VALLEY POLICE BENEVOLENT FUND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Page I REPORT OF THE MANAGEMENT COMMIFfEE LEGAL AND ADMINISTRATIVE DETAILS Charity number.. 256865 Address.. Thames Valley Police Finance Department PO Box 238 Kldlington Oxon OX5 IXS Auditors.. M4iia¥eiiient ComNiittee I'he Management Cvmiiiittee of the Charily, all whom are TnJs¢ees, during the y¢ar was as follows.. Trustee tion ent Jason H()gg Chairper50n Secretary Appuinled 2810?1?2 R¢signalion a& Seer¢iary 28101J22 Jaquelin¢ Johnson Wally Cox Davi(1 Maichaiii Barbara Mar¢liant Mdi'k Mclnt)Te Gary HUL Ainy L leinents Alan Purkiss Siiiion Liticoln Eiicliard BiiLkingliam Jay Willii?Ins Jiin O, Rydn Cliris Siinpson Mark Lacey C01e Page Latlieriiie SILiry Andrew Al¢xandra Andrew fiddler Resignation 14110ni Appointed Appiiinted Appoii)ted Appoinied Resigncltioji Ilesignaiion Resignation 3010312? 18103Q2 0210*122 31103n2 171U3122 02102122 091U3122 Appointed Resignation 0511 OQ2 STRUCTURE. GOVERNANCE & MANAGEMENT Constitution The Thaines Valley Polic¢ Benevolen( Fid ts a r¢gistered charity governed by Trusi Deed and numbered 256865. Appvintmenl ofTrusttes Trustees are appoiilied by election according to the current rules.
THF, THAMES VALLEY POLICE BENEVOLENT FUND FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Page 2 ManRg¢ment Commille¢ ggsessment of rlsli The Management Loininittee lias addre55ed the risks it faces through a number of inechanistns. It opcrales under rules agreed by the Mejnbership, receives external advi¢¢ on investmeni and tax advice options, h)s adopted athnini5trative procedui'es 10 mininiise t]ie risks associaicd with expenditure OT incoJne and regularly reviews ways of increasing ihe Ineinbersliip level. OBJECTS AND ACTIVITIES The Charily's objective is lo provide assistai)c¢ ro Police olyicers. wl)o ale eiilier serving or retired meinbci's of (he Tl)ain¢s Valley Police B¢iievolent Fund, their widows. widowers ai)d dependants, who are regarded by ilie Coinii)iflc¢ io bc in necessitOL15 circuinsiaiices. The charily Ilierefore provid¢5 public ben¢fii 10 those persons, The Charity operates from Thames Valley Police. Finance D¢partii)eiil, po fiox 238. Kidlington. Oxon. OX5 1 XS. All administralion work relation to thL fund is cJrried out by Tlidines Vall¢y Policc einployees a5 pail of their elp10Y7enl. No Loii¥ribution for their cxpens¢s is made by th¢ fund, No tru51ee receives any r¢muneration oi. payin¢nt f¢)r cxpeD5¢s iiicurred. Th¢ Annual (ieneral Ineeting ofthe fund is held iii tlie auruinn ofea¢h year. In 8ddiiioi), Ihreelfour iiiaiiageTnenl Ineelin¥ are lield during ihe year. The fund is 8ov¢rncd by its rul¢s which may only be changed at AGM or SGM. All investmenis held by the fui)d have been atquired in a¢¢ordance with the powcrs of I1)e trustees. Graiit Making Poliry The TTU5te¥s consider opplicalioiis for graiils at th¢ir regular nicetings. Confidential roports are preseiiied by Ilie Secrelary Id Ilie Welfare Officer io explain tl)e tii'cuinstaiiccs of the requesr fi)r assistanLC. 'ri)e Coii)Inittce tlien coii8iders wl)ether -%aid iiieinbcrs ai'¢ ii) iiecessi10115 circuingraiiccs, The Coinn)iti¢¢ will also ¢onbid¢r wlieth¢r it is appropT111¢ for the Fund io provide finanLIAI assisiani¢ in nY matter. In urgent cases tlie Welfaie Officer will preseni reque51s directly tts th¢ Chainnan, %ecreraiy, and Hon. Trcasurei.. lThey Inay dward griints it. felt appi'opriale. In such cases. however. the full Commiitee Inusl be ¢idvis¢d of and con5enl tts the Ii'8nsdCtion ai ity ncxt iiieeiiiig, Public beiiefit Tlie Trustees have complied with the duty within Ihe ChArities Act 2011 to have du¢ regard to public benefit guidance published by the Charily Con)Inissioii. Glvt As You Earn Tl)e subscription5 to the fund are deducted froin pay and trdn5feiY¢d to the Charities Aid Follndaiion (CAFI, who recovers any lax relief due oil the subscripli0115. This is paid over as part of its regular quarterly payineDI. ACHIEVEMENTS AND PERFORMANCE l)uring the current year, the average iiuinber of serviiig Ineiiibers was ?529 12nd thc average number of pensioner members was 1172 (compared with 2562 and 1210 respectively for the previous year). The average number of beneficiaries in receipt of a monthly payment during the current year was 176 compared with 188 in the previou5 year. In addition. the fund made grants 10 21 b¢nef)¢iarieb in the current year coinpared with 14 iii the previous year.
THE THAMES VALLEY POLICE BENEVOLENT FUND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Pa8e 3 FINANCIAL REVIEW The surplus ailslng durlng the year. before other recognised gains and losses relating to investment5 was £12,869 Isvrplus 2020121 £9.511.1 Benefits to widows and widowers totalled £63,636 for thé year. Specific 8rants added another £23,44512020121 E29,0871 giving a total ¢haritable expendlture tts individuals of £87,091. Governance of the Fund incurred expenditure of £9,666 and Investment mana8ement costs were £5,772. Th¢ fund does not receiv¢ any regular exiem<il donaiions. Subscriptions from serving and retircd officers ¢onstituie the only regular income of the fund. Inve$tjent Pollcy The Trust¢¢s' investment policy Is iiimed at balancing capital 4tabiliiylgrowili and providii)g a r¢asonable annijal r<Lte of retui'n. In deciding on investment opiions TTU5tees will liave Tegard to the advic¢ of its Inveslineni Advi50r5. Tl)e Trusie¢5 have nut specified d targLi rate of rerlim or growtli. Interest receivabl¢ on the ciirrent invesrments continues TO reinain higher than tliai ¢arn¢d upoii the Fund's dcpo$it accounts. Reserves 'lTh¢ Fund does not eurrenily hold cannarked reserves. All re5¢rv¢s are held for the general purposes ol. the fund. The Trustees, having regard 10 the valuc of invesiinents and the annual nel deticil, do Iiot al ihi5 point in time feel ii ne¢¢s5ary to set a miniinuin level ot reserves. 88010 of ihe reserves 1( It lield ii) investinenis Il)al ale lield to geiierate income in the futuie that can be applied lor the charity's objects. The remainin¥ ainouiit is held io eover workiiig capital re£iuir¢mei)Is ond t() fiind deficils that may arT.4¢ ill tulure yedrs so Iliai th¢ ruttenl level ol. benefit5 can be P¢iid out even if ther¢ is a deLrease in income. A fi jl)8n¢¢ Coininitiee has beeii ser lip to address the finaiicial issues relaling to tlie fund. M8nagcmcnt Committee reyponsibrlilies for the finanelal stAtemtnt5 Thc Inanag¢nieiit coinn)itiee are respoiisible for prcparing ihe annual report and financial sialements in a¢Lordance with applicable law and United Kingdc)In G¢nerally AcLepred Aceounting l)ra¢ticc. Cli£irity law requires The managenient ctsmmittee to preparc financial siateinents for each fiiiancial period which give a Iriie and fair view of the state of dffairs of the LhJrity and Ihe resulis of Ilic cl)arity for that period, In preparing those linancial siateiM¢nts, the Maiiageineni Con)Initte¢ are requir¢d io., select suitable accounting policies and pply them consis(enily- Inake.judgements and cstin)ates rhai are r¢asoiiuble and prudeiit.. state whether dpplicable aLLouiiting slaiidards and sialements of rccominended practice have been followed, subject to ail), malerial departures disclosed aiid explained in ihe findncial siatem¢nts; prepare the fin3nLial statements on a goin¥ concern basis unless It is inappropriate to pSuMe that the charity will coniinue in operation. Tlie committee are responsiblc for keeping propeT accounting records which disclose with reasonable accuracy the financial positioii ot tl)e rharily which enablE theni io ascertain their financial Posiiion and to eiisure that the financial statements coniply witli the Cliaritie5 Act 2011 and regulatioi)s theTe under. Tl)ey are also responsible for safeguarding th¢ assets of the ¢liarity and for taking rEasoiiable st¢ps for the preveiition and detecti()n of fraud and oiher irregularities. The charity ha5 a number of investinents (see Note l) whi¢h have been acquired in accordance with ihe powers of the manaseinent Committee. These constiiuie the Inaiii i155¢t5 of the fund. ON BEHALF OF THE MANAGEMENT COMMrrrEE Mana8em¢nt Commiltee c[1rperson Jason Hogg Date..
THE THAMES VALLEY POLICE BENEVOLENT FUND FfNANCJAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 PaRe 4 INI)EPENDENT AUDITORS. REPORT TO THE TRUS'fEES OF THE THAMES VALLEY POLICE BENEVOLENT FUND Opliiion We have audited the financial statements of Thames Valley Police Benevolent Fund Ithe'Charity"I for the year ended 31 March 2022 which comprise the Staterneni of Financial Activities, Balance Sheet and notes to the flnancial statements, induding a summary ol signlficant accounting policies. The financial reporting framework that has been appld in their preparation is applicable law and Unlted Kingdom Accounting Standards, including Financlal Reportlng Standard 102.. The Financial ReportlnB Standaid appllcable in the UK and Republic of Ireland Iunlted Kingdom Generallv Accepied Accounting Practice). In our opinlon, the fl nancial statements.. give a true and fair view of the state of the Charity'5 èlfalrs as at 31 March 2022 and of its income and eypendlture for the year then ended,. have been properly prepared in accordance wlth United Klngdom Generally Accepted Accounting Practite., have been prepared in accordance wSth the requlrements of the Charlties Aci 2011. Basls for oplnlon We conducted our audlt in accordan with International Standards on Auditlng IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's respon5ibilltiès for the audit of the financial statements sectlon of our report. We are independent of the Charlty in accordance with the ethical requirement5 that are ielevant to audit ol the financial statements In the UK, including ihe FRC'S Ethical Standard and we have fulfilled our other ethical responslkn'lilies in accordance with these requirements, We believe that the audlt evidence we have obtalned is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to goln8 COh¢ern In auditing the flnancial statements, we have concluded that the trustees, use of the g¢in8 concern basis of accountln8 In the preparatSon of the flnancial statements is appropriate. Based on the work we have performed, we have not Identified any material uncertainties relating to events or conditions that, Indlvidually or ctsllectively, may Cast 518nllicant doubt on the charltles, ability to continue as a 8oln8 concern for a period ol at leasi 12 months from when the financial statements are authorised for issue. Our re5ponibilities and the re5ponslbllltles of the trustees wlth respect to going concern are descrlbed in the relevant sections of this report. Other Informatlon The trustees are responsible for the other information. The other infortllation comprise5 the informatlon included In the annual report other than the financial statements and our audltorfs report thereon. Our opinion on the financial statements does not cover the other informatiorh and, except to the extent otherwise explicltly st8ted In our report, we do not express any form of assurance conclusion thereon. In connection with our audlt ol the financial statements, our responsibility 15 to read the other informaiion and. in dolng so, consider whether the other information is materially inconsistent with the finantlal statements or our knowledge obtained In the 3udit or otherwise appears to be materially rnisstaied. If we Identify such material inconsistencles or apparent material misstatements, we are required to determine whether there is a material misstaternent in the financlal statements or a rnaterial misstatement of the other informatlon. If, based on the work we havè performed, we conclude that there is a material misstatement of thls other information. we are required to report that fact. We have nothing to report in this regard.
THE THAMES VALLEY POLICE BF.NF.VOLENT FUND FtNANCIAL STA"fEMENTS FOR THE YE4R ENDED 31 MARCH2022 Page 5 tNDEPENDENT AIJDITORS, REPOR T TO TIIE TRUSTEES or THE THAMES VALLEYBENL-,VOLEN'I- FUND {conliniied) Matter5 on whlch we ale requlred to report by exceptlon We have nothing to report in respect of the following matters In relation to which the Charities Act 2011 requires us to report to you if, in our opinion.. sufflclent accountln8 records have not been kept,. the financlal statements are not in agreement with the a¢countln8 records and returns,. or we have not obtained all the Information and explanatlons necessary for the purposes of our audlt. Responslbllltlès of the trustees As explained more lully in the trustees, responsibilitles stalement Iset out on page 31, the trustees are responsible for the preparation of the flnancial statements and for belng satlsfled that they 8lve a true and falr view, and lor such internal control as they determine is necessary to enable the preparation of financial statements that are free from materlal misstatement, whether due to fraud or eiror. In preparing the financlal statements, the trustees are responslble for assesslng the Charity's ablllty to contlnue as a 80ing concern. disclosing, as applicable. matters related to 80Sn8 concern and using the goin8 ¢on¢ern basis of accountlng unless the trustees either intend to15quldate the Charity or to cease operations, or have no realistic alternative but to do $0. Audltor's respvnslbllltles for the audlt of the finan¢lal statements We have been appolnted as audltor under Section 145 of the Charities Act 2011 and report In accordance with the Act and relevant regulatlons made or having effect thereunder. Our tsbjectives are to obtain reasonable assurance about whether the flnancial 5taternentS 0$ a whole are free from materlal misstatement. whether due to fraud or error. and to issue an auditor's report that includes our opinlon. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted In accordance with ISAS IUKI will always detect a material misstatement when it exi5t5. Misstatement5 Can arise from fraud or error and are consldered material11, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these linancial statements. Irregularities, Including fraud, are Instances of non-compliance with laws and regulations. We design procedure5 in line with our responsibilities, outlined above, to detect material mlsStatements in respect of irregularitles, including fraud. The extent to which our procedures are capable of detectin8 irregularities, Including fraud is detailed below.. Our approach to identifyin8 and assessing the risks of material mlsstatement In respect of irregularlties. Including fraud and non-compliance with laws and règulatlons. was as follows.. the engagement partner ensured ihat the engagement team collecllvely had the appropriate competence, capabillties and skills to Identify or reco8nise non<ompliance with appll¢able laws and regulations: we identified the laws and regulatSons applicable to the charity through discussions with trustees and other management, and from our knowledge and experience.,
THE THAMES VALLEY POLICE BENEVOLKNT FUND FtNANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Page 6 we fo¢us¢d on specific laws and regulation5 which we ¢onsid¢red ma>1 have a direct Jnaterial effe¢1 on the finaiicial stat¢inents oi. rl)¢ opej'dtions of the charity, we ass¢ssed 11)e exieiit of complianc¢ with th¢ laws aiid regulations identified above ihrough making enquiries of inanagenient: and Identified laws and regulatlons were communicated within the audit team regularly and the team remaSned alert to Instances of non-compllance throu8hout the audit. We assessèd the susceptibllity of the charitvs financlal statements to material mlsstatement, includin8 obtalnln8 an understanding of how fraud might occur, by.. making enqulries ol managemenl a5 to where they considered there was susceptibillty to fraud. thelr knowledge ol aetual, suspected and alleged fièud,. and ¢onslderin8 the internal controls in place to mitigate rSsks of fraud and non-compllance wlth laws and regulatlons. To address the rlsk of fraud throu8h management bias and override of ¢ontrols, we.. performed analytical procedures to identlfy any unusual or unexpected relatlonshlps., tested journal entries to Identlfy unusual transactions; assessed whether jud8ements and assumptions made in determlnlng the accountin8 estimares were indicatlve of potential bias',8nd Investigated the rationale behlnd significant or unusual transactions. In response to the risk of irregularities an(J non-compliance with laws and iegulatlons, we designed procedures whlch ncluded. but were not lirnitèd to.. agreeln8 flnancial statement disclosures to ynderlylng supporting documentation., readin8 the minutes of meetings of those charged with governance,. and enquiring of management as to actual and potential litlgatlon and clalms., There are inherent limitations in our audlt procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-cornpliance. Auditing standards also limit the audit procedures rèquired to identify non-complian with laws and regulations to enquiry of the trustees and other mana8ement and the inspection of règulatory and le8al correspondence, if anv.
THE THAMES VALLEY POLICE BENEVOLENT FUND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Page 7
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities.
This description forms part of our auditor’s report
Use of our report
This report is made solely to the Charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Oxford
28 October 2022
Critchleys Audit LLP Statutory Auditor
Critchleys Audit LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.
Beaver House 23-38 Hythe Bridge Street Oxford OX1 2EP
THE THAMES VALLEY POLICE BENEVOLEL¥T FUTr4D FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 21122 Page 8 ACOUNTtNG POLICJES Basis of preparation 'riJe fiiiaiicial stateinertts are preparcd on the histori¢al cosi convention, excepi foi. investments whid) are showii at market valuc, and ii) Hccordance witl) FRS I O? and the Sraieinent of Recoinmcnded PractiLe 'Accounting and Reporting by Charilies" IFRS 102) Tlie accouniijig policies rem)iii uiichangcd fi'oin the previous year. Thanies Vall¢y Police Benevolcnl FILnd is an unincorporated registered charity in the UK at the r¢gistered addi'ess Thaines Vallcy Police Finance Departincni PO Box ?.18 Kidliiigton Oxon OX5 1 XS, It is a public benefit ¢ntiiy. Iiicome SubsLriplions represeni ainounts receivable for ihe year as follows.. In the casè of 'serving' and 'pension' members,. by the Authorlty concerned, having deducted the same from the members, pay or pensions and collected through CAF. In other cases,. by the membei annually in advance. Donarions represent all aniounis received and accepted by (he fund duri1)¥ Ilie year, including collecting box receipts. Bank inter¢si represents iiiteresl I'eceivabl¢ or accrued for the year (1131 Murch ?0?? Iniere5t and dividends relating 10 invesiments rcpresent ainounts du¢ for p?yn)Lnl on or b¢forc J l March 2022. Granl.s and benefLt% payable GTan15 may be paid tu Ineinbei's, widows, widnwers or their dependdiils when Ihe niaiiag¢iMei)I conin)illee disi¥nate thei ag b¢iiig iiecessirous and in need of finai)ci&l 4uppon. Any approved aiiioun15 are payabl¢ as $0011 as the manag¢inei)t coinmitiee has <2pproved fhc cxpenditiire and tl)c costs aTe Te¢orded on an ac¢ruals basis. Bei)elitspayablc ar¢ rnonthly payinenis which ar¢ paid to members, widows. widow¢rs ortheir dependaiits. These payn)cnts genei'dlly continue until the beiiefiLiaries' ¢ircLini%tances change or a decision is Inade by the Managen)eni Cominiitee. Benelits payabl¢ are includcd in the accounts in th¢ period to which they i'elate. No liability is included in these aiLountS foi. bci)etilS to be payabl¢ iii futUTe acc(iuniing p¢ri(Kl5. Taxation Tlie Fuiid is registered undei. Ihe Charities Act 201 l a5 a charity. As such, its income is not subject to taxation if applied for cliaritable purposes. Investments A5selb held for investmen( purposes are valued at I1rket value at tlie Statemcnl of Finan¢ial positon dat¢. Traded securities are Vdlued at rhe Inid-point quoiatioi) in the Stock Eixchaiige daily list. Any chonges in valuation are included in the Staten)ent of FinaiKial A¢tivities. Going Concern At the time of preparing* the financial stateinenis. the trustees have a reasonable expectation that the charity has adequate rcsources to continue in operational existence for the foreseeable fuiure. the trustees continue to adopt the going concern basis of accouiitsiig in pi'eparing ihe fiDaiicial stateinents.
THE THA1Es VALLEY POLICE BENEVOLENT FUND FINANCIAL STATEMI.NTS FOR THE YEAR ENDED 31 MARCH 2022 STATEMENT OF frNANCIAI. AC.TIVITIES P#g¢ 9 Unrestrlcted 2022 2021 Income & endowments from: Donatlons & Legacles Serving Members Penslon Members Donations & Legacies Income Tax recoverable in the year Miscellaneous 58,587 20,533 1,108 2,258 59,338 21,531 2,494 2,496 82,486 32,912 85.860 31,580 Investments Miscellaneous Income Total Ineome (note 21 115,398 117,439 Ex en on: Ralsln8 fund5 Investment advice 5,772 5,102 Charltable actlvltles Assistance to servin8 or retired Thames Valley Police Officer5 and their dependents Benefits Grants payable to individuals 63,636 23,455 87,091 67,290 29,087 96.377 Governance costs Audit Indernnity Insurance Bank Transfer Charge 3,546 6,120 3,338 3,111 9,666 6,449 Total Expenditure 102,529 107,928 Net income before Investment galnslllossesl 12,869 9.551 Gains & L055es on investment assets - unrealised 83,445 172,240 Net income / lexpenditurel 96,314 181,751 Total Funds Brought Forward 1.195,150 1,013.399 Total Funds Carrled Forward 1,291,464 1,195,150
THE THAMES VALLEY POLICE BENEVOLENT FUND FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Page 10 STATEMENT OF FINANCIAL POSITION Note 2022 2022 2021 Flxed Assets Investments 1,174,207 L.040,762 Current Assets Debtor5 Cash al Bank and In hand 20,759 128,810 22,033 168,434 190,467 149,569 Current Uabllltles Creditors.. Amounts falling due within the year 32,312 36,079 Net Current Assets 117.257 154,388 Net Assets 1,291,464 1,195,150 Represented by.. Chari 's Funds Unrestricted Income funds 1,291,464 1,195,150 These flnanclal statement5 were approved and authorised for issue by the Management Cornmittee on 10/1012022 jason Hogg Management Cornmittee Member
THE THAMES VALLEY POLICE BENEVOLENT FUND INANCIAL STATEMENI'S FOR THE YEAR ENDED 31 MARCH2022 Page 12 NOTES TO THE ACCOUNTS continued Note 2- Inv ment income 2022 2021 Income on the above investments 32,912 31,850 32.912 31,850
THE THAMES VALLEY POLICE BENEVOLENT FUND FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOLINTS continued Page 13 Note 3 - Debtors 2022 2021 CAF Tax Recovery Investment Income Other 14,544 2,257 3,314 644 14,742 2,496 3,029 1,766 22,033 Note4-Cash in B nk an at Han 2022 2021 Lloyds TSB Deposit Current 100.871 27,939 64,528 103,906 128,810 168.434 Note 5 - Credit 2022 2021 Specials/Civ Welfare & Wldowslorphans Fund Accruals Accruals Grants 190 28.012 4,110 32,312 28,230 7,849 36,079 Note 6- Truste ration No Trustee recelved any remuneration or reimbursement of expenses durlng the year. Note 7-Disclosure of Relaied Part Transactions There have be no related party transactions in the reporting period. Note 8- Commitments The Trustees have given commltments to pay benefits in ihe future. As at 31 March 2022 such benefits payable were £5.070 a month.12021.. £5,310)
THE THAMES VALLEY POLICE BENEVOLENT FUND FtNANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH2022