2023-03-31-accounts

PrincipalAddress	Ranger'sOffice
	ManorCottage
	WindmillRoad
	Wimbledon
	London
	SW195NR
RegisteredCharityNumber	303167
IndependentAuditors	KrestonReevesLLP
	CharteredAccountantsandStatutoryAuditor
	9DonningtonPark
	85Birdham Road
	Chichester
	WestSussex
	PO207AJ
Solicitors	BatesWells
	10QueenStreetPlace
	London
	EC4R1BE
Bankers	BarclaysBankpic
	8AlexandraRoad
	Wimbledon
	London
	SW197JZ
Investmentadvisers	CCLAInvestmentManagementLimited
	1AngelLane
	LondonEC4R3AB

Referenceandadministrativedetailsofthecharity,itstrusteesandadvisers
Conservators'report	3-31
Independentauditors'report	32-35
Statementoffinancialactivities	36
Balancesheet	37
Statementofcashflows	38
Notestothefinancialstatements	39-61

WPCCorCharity	TheWimbledonandPutneyCommonsConservators
1871Act	WimbledonandPutneyCommonsAct1871
Board	TheBoardofConservatorsofWPCC
NLHF	NationalLotteryHeritageFund
GAAP	UnitedKingdomGenerallyAcceptedAccountingPrinciples
LGPS	LocalGovernmentPensionScheme
DEFRA	DepartmentfortheEnvironment,Food&RuralAffairs
DCMS	DepartmentforCulture,MediaandSport
MoD	MinistryofDefence

	Yearended31March	Yearended31March	2023	2022
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	£	£	£	£
Totalincome	2,018,274	155,539	2,173,813	1,973,653
Totalexpenditurebeforeadditional
chargesinrespectofdefinedbenefit
pensionscheme	(2,075,385)	(90,699)	(2,166,084)	(1,965,850)
Netincome/(expenditure)before
additionalchargesinrespectof
definedbenefitpensionscheme	(57,111)	64,840	7,729	7,803
Additionalchargesinrespectof
definedbenefitpensionscheme	(297,000)	0	(297,000)	(306,000)
Netincome/(expenditure)before
investmentgains	(354,111)	64,840	(289,271)	(298,197)
Netgain/(loss)oninvestments	(58,842)	0	(58,842)	147,350
Netincome/(expenditure)before
othergainsandlosses	(412,953)	64,840	(348,113)	(150,847)
Transferbetweenfunds	89,943	(89,943)	0	0
Actuarialgain/(loss)ondefined
benefitpensionscheme	2,678,000	0	2,678,000	782,000
Netmovementinfundsforthe
year	2,354,990	(25,103)	2,329,887	631,153
Totalfundsbroughtforward	732,297	115,868	848,165	217,012
Totalfundscarriedforward	3,087,287	90,765	3,178,052	848,165
Comprising:
Negativepensionreserve	0	0	0	=(2,381,000)
Otherreserves	3,087,287	90,765	3,178,052	3,229,165
Totalfunds	3,087,287	90,765	3,178,052	848,165

Perbalancesheet	3,087,287
Deduct:
Estimatedcostofnexttriennialelectionsin2024	(65,000)
Fundsrequiredtofundthenetbookvalueoftangiblefixed	(1,435,677)
assets
Freereserves	1,586,610

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2023	2023	2023	2022
	Note	£	£	£	£
Incomefrom:
Donationsandlegacies	3	88,891	155,539	244,430	151,865
Charitableactivities	4	1,881,991	-	1,881,991	1,773,759
Investments	5	47,392	-	47,392	48,029
Totalincome		2,018,274	155,539	2,173,813	1,973,653
Expenditureon:
Charitableactivities	6	2,372,385	90,699	2,463,084	2,271,850
Totalexpenditure		2,372,385	90,699	2,463,084	2,271,850
Net(expenditure)/incomebeforenet (losses)/gainsoninvestments		(354,111)	64,840	(289,271)	(298,197)
Net(losses)/gainsoninvestments		(58,842)	-	(58,842)	147,350
Net(expenditure)/income		(412,953)	64,840	(348,113)	(150,847)
Transfersbetweenfunds	18	89,943	(89,943)	-	-
Netmovementinfundsbeforeother recognisedgains		(323,010)	(25,103)	(348,113)	(150,847)
Otherrecognisedgains:
Actuarialgainsondefinedbenefit pensionscheme	23	2,678,000	-	2,678,000	782,000
Netmovementinfunds		2,354,990	(25,103)	2,329,887	631,153
Reconciliationoffunds:
Totalfundsbroughtforward		732,297	115,868	848,165	217,012
Netmovementinfunds		2,354,990	(25,103)	2,329,887	631,153
Totalfundscarriedforward		3,087,287	90,765	3,178,052	848,165

				2023		2022
		Note
Fixedassets
Tangibleassets		10		1,270,905		1,228,405
Heritageassets		11		164,772		151,800
Investments		12		1,468,864		1,677,706
				2,904,541		3,057,911
Currentassets
Debtors		13	176,208		130,604
Cashatbankandinhand			384,185		332,543
			560,393		463,147
Creditors:amountsfallingduewithin year	one	14	(226,209)		(208,374)
Netcurrentassets				334,184		254,773
Totalassetslesscurrentliabilities				3,238,725		3,312,684
Creditors:amountsfallingdueaftermore thanoneyear		15				(18,163)
Provisionsforliabilities		17		(60,673)		(65,356)
Netassetsexcludingpensionasset liability	/			3,178,052		3,229,165
Definedbenefitpensionschemeasset / liability		23				(2,381,000)
Totalnetassets				3,178,052		848,165
Charityfunds
Restrictedfunds		18		90,765		115,868
Unrestrictedfunds		18		3,087,287		732,297
Totalfunds				3,178,052		848,165

		2023	2022
	Note
Cashflowsfromoperatingactivities
Netcashprovided/(used)byoperatingactivities	20	(5,808)	43,147
Cashflowsfrominvestingactivities
Dividends,interestsandrentsfrominvestments		47,392	48,029
Proceedsfromthesaleoftangiblefixedassets Purchaseoftangiblefixedassets Saleofinvestments		6,350 (146,292) 150,000	(37,563) 100,000
Netcashprovidedbyinvestingactivities		57,450	110,466
Cashflowsfromfinancingactivities
Repaymentsofborrowing			(2,201)
Netcashprovidedby/(usedin)financingactivities			(2,201)
Changeincashandcashequivalentsintheyear		51,642	151,412
Cashandcashequivalentsatthebeginningoftheyear		332,543	181,131
Cashandcashequivalentsattheendoftheyear	21	384,185	332,543
Thenotesonpages39to61formpartofthesefinancialstatements

Tangiblefixedassetsarecarried	atcost, net ofdepreciationand anyprovisionforimpairment.
Depreciationisprovidedatratescalculatedtowriteoffthecostoffixedassets,lesstheirestimated
residualvalue,overtheirexpectedusefullivesonthefollowingbases:
Freeholdbuildings	-25-50years
Long-termleaseholdproperty	-Lifeoflease
BeverleyBrookWCBridge	-25years
Plant,machineryandequipment-3-10years
Fixturesandfittings	-5-15years
Computerequipment	-4years

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
			£	£	£	£
Grants	and	donations	88,891	155,539	244,430	151,865
Total	2022		99,379	52,486	151,865

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2023	2023	2023	2022
	£	£	£	£
Levy	1,323,329	-	1,323,329	1,262,008
Countrysidestewardship(government)grant	40,218	-	40,218	31,229
Sportsfacilities	338,115	-	338,115	332,910
Propertyrentandwayleaves	124,373	-	124,373	106,735
Rentfromfilmingandfairs	25,642	-	25,642	27,630
Publicationsales	2,647	-	2,647	20
Othergrantincome	18,163	-	18,163	5,626
Eventsincome	9,504	-	9,504	7,601
Total2023	1,881,991	-	1,881,991	1,773,759
Total2022	1,745,812	27,947	1,773,759

	Unrestricted	Total	Total
	funds	funds	funds
	2023	2023	2022
	£	£	£
Investmentincome	47,392	47,392	48,029
Total2022	48,029	48,029

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2023	2023	2023	2022
	£	£	£	£
Conservancyactivity	1,681,626	781,458	2,463,084	2,271,850
Total2022	1,600,962	670,888	2,271,850
Analysisofdirectcosts

	Conserv-
	ancy	Total	Total
	Activity	funds	funds
	2023	2023	2022
	£	£	£
Windmill	17,454	17,454	6,692
KeepersandCommonssecurity	524,224	524,224	514,272
Commonsmaintenance	694,142	694,142	595,826
Playingfieldsmaintenance	235,710	235,710	231,885
Propertymaintenanceandimprovements	210,096	210,096	252,287
	1,681,626	1,681,626	1,600,962
Total2022	1,600,962	1,600,962

	Conserv-
	ancy	Total	Total
	Activity	funds	funds
	2023	2023	2022
	£	£	£
Administrationstaffsalaries	175,518	175,518	98,309
Auditandaccountancy	16,878	16,878	15,210
Officeexpenses	26,997	26,997	16,570
Insurance	66,368	66,368	68,520
Utilitiesandservices	27,690	27,690	17,150
Advertisingandprinting	17,190	17,190	21,553
ComputerandITsupport	33,126	33,126	31,826
Events	33,470	33,470	11,867
Counciltax	27,451	27,451	26,282
Definedbenefitpensioncostinexcessofcontributionspaid	238,000	238,000	250,000
(Profit)/lossonsaleoffixedassets	(4,319)	(4,319)	3,633
Interestcostonpensionliability	59,000	59,000	56,000
Legalfees	25,724	25,724	37,311
Professionalfees	36,751	36,751	10,727
Baddebts	1,614	1,614	304
NLHFexpenses	-	-	5,626
	781,458	781,458	670,888
Total2022	670,888	670,888

	2023	2022
	£	£
StaffSalaries
Wagesandsalaries	975,008	876,071
Socialsecuritycosts	106,940	92,638
Otherpensioncosts	423,412	416,979
	1,505,360	1,385,688

	2023	2022
	No.	No.
ChiefExecutive	1	1
DeputyClerkandRanger	4	{
Administration	3	2
WildlifeandConservationOfficer	1	1
Security	7	7
Maintenance	8	6
PlayingFields Property	3 1	3 1
FundraisingManager	1	-
	26	22

					2023	2022
					No.	No.
In	the	band£70,001	-	£80,000	-	1
In	the	band£80,001	-	£90,000	1	-

																Total			2,250,028	133,320	(26,166)	2,357,182		1,021,623	82,929	(18,275)	(18,275)	1,086,277		1,270,905	1,228,405
															Computer	equipment	£		19,464	5,092		24,556		10,275	5,550			15,825		8,731	9,189
															Fixtures	andfittings	£		100,646	:		100,646		87,085	7,632			94,717		5,929	13,561
														Playing	fields	equipment	£		98,017	1,200		99,217		70,372	6,061			76,433		22,784	27,645
														Commons	plantand	machinery	£		366,158	13,777	(20,306)	359,629		261,476	17,060		(18,275)	260,261		99,368	104,682
														Long-term Beverley	Freehold leasehold BrookWC	buildings property bridge	£ £ €		1,452,547 213,196	76,392 36,859	(5,860)	1,528,939 207,336 36,859		487,982 104,433	38,913 6,976 737			526,895 111,409 737		1,002,044 95,927 36,122	964,565 108,763
NotestotheFinancialStatements				FortheYearEnded31March2023							10. Tangiblefixedassets							Costorvaluation	At1April 2022	Additions	Disposals	At31March2023	Depreciation	At1April2022	Chargefortheyear		Ondisposals	At31March2023	Netbookvalue	At31March2023	At31March2022

						Heritage
						assets
						2023
						£
Carrying	value	at		1	April2022	151,800
Additions						12,972
Carrying	value		at		31March2023	164,772

		Listed
		investments
		£
Costorvaluation
At	1April2022	1,677,706
Disposals		(150,000)
Revaluations		(58,842)
At	31March2023	1,468,864
Net	bookvalue
At	31March2023	1,468,864
At	31March2022	1,677,706

13.	Debtors
		2023	2022
	Duewithinoneyear
	Tradedebtors	77,173	52,492
	Otherdebtors	19,187	44,381
	Prepaymentsandaccruedincome	79,848	33,731
		176,208	130,604
14.	Creditors:Amountsfallingduewithinoneyear
		2023	2022
		£
	Tradecreditors	80,674	70,518
	Othercreditors	50,898	59,235
	Accrualsanddeferredincome	94,637	78,621
		226,209	208,374
15.	Creditors:Amountsfallingdueaftermorethanoneyear
		2023	2022
	Accrualsanddeferredincome		18,163
16.	Deferredincome

	2023	2022
	£	£
Deferredincomeat 1April2022	40,693	40,687
Resourcesdeferredduringtheyear	40,365	21,234
Amountsreleasedfrompreviousperiods	(40,693)	(21,228)
Deferredincomeat31March2023	40,365	40,693

	Provision
	forliabilities
	£
At1April2022	65,356
Changeindiscountrate	(5,860)
Interestcostchargedtoexpenditure	1,177
At31March2023	60,673

							Balanceat
	Balanceat	1			Transfers	Gains/	31March
	April2022		Income	Expenditure	in/(out)	(Losses)	2023
		£	£	£	£	£	£
Unrestricted
funds
Designated
funds
ElectionSinking Fund	20,004				20,004		40,008
Generalfunds
General
Conservancy Fund	3,093,293		2,018,274	(2,075,385)	69,939	(58,842)	3,047,279
DefinedBenefit Pension	(2,381,000)		-	(297,000)		2,678,000
	712,293		2,018,274	(2,372,385)	69,939	2,619,158	3,047,279
Total
Unrestricted funds	732,297		2,018,274	(2,372,385)	89,943	2,619,158	3,087,287
Restricted
funds
Windmill
Restoration Fund	19,468		24	(3,535)			15,957
PutneyLower
Common maintenance	-				9,379		9,379
Horseride Appeal	26,355		18,617	(9,640)			35,332
WildlifeGarden
Appeal	18,115		195	(14,370)			3,940
Footpath
restoration	9,100		16,553	(8,782)			16,871
BeverleyBrook
WCBridge Appeal	15,000		23,800	-	(36,659)		2,141
BeverleyBrook
PLCBridge Appeal	5,509		16,223	(15,129)	(6,603)
Cricketnets	22,321		17,991	:	(40,312)
Purchaseofland	-		12,972	:	(12,972)
				Page52

								Balanceat	Balanceat
	Balanceat		1			Transfers	Gains/	31March
	April2022			Income	Expenditure	in/out	(Losses)		2023
			£	£	£	£	£		£
Bogrestoration
project		-		35,388	(35,388)	-	-		:
OrchardPutney
Lower
Common		-		6,631	(3,855)	(2,776)	-		-
Queensmere
restoration
project		-		7,145	-	-	-		7,145
	115,868			155,539	(90,699)	(89,943)	-		90,765
Totaloffunds	848,165			2,173,813	(2,463,084)	-	2,619,158	3,178,052

							Balanceat
	Balance	at			Transfers	Gains/	31March
	41April2021		Income	Expenditure	in/(out)	(Losses)	2022
		£	£	£	£	£	£
Unrestricted
funds
Designated
funds
ElectionSinking
Fund	-		-	-	20,004	-	20,004
Generalfunds
General
Conservancy
Fund	3,002,627		1,888,945	(1,925,625)	(20,004)	147,350	3,093,293
DefinedBenefit
Pension	(2,857,000)		-	(306,000)	-	782,000	(2,381,000)
	145,627		1,888,945	(2,231,625)	(20,004)	929,350	712,293
Total
Unrestricted
funds	145,627		1,888,945	(2,231,625)	-	929,350	732,297
Restricted
funds
Windmill
Restoration
Fund	19,468		=	-	ns	=	19,468
Horseride
Appeal	28,802		26,977	(29,424)	-	=	26,355
WildlifeGarden Appeal	18,115		-	‘	:	-	18,115
BeverleyBrook
WCBridge
Appeal	5,000		10,000	-	-	-	15,000
Footpath
Restoration	-		10,000	(900)	-	-	9,100
BeverleyBrook
PLCBridge
Appeal	-		5,509	-	=	-	5,509
Cricketnets	-		22,321	-	-	-	22,321
NLHF
Masterplan		-	5,626	(6,626)	-	-	-

		Unrestricted	Restricted	Total
		funds	funds	funds
		2023	2023	2023
		£	£	£
Tangiblefixedassets		1,270,905		1,270,905
Fixedassetinvestments		1,468,864		1,468,864
Heritageassets		164,772		164,772
Currentassets		469,628		560,393
Creditorsduewithinoneyear		(226,209)		(226,209)
Provisionsforliabilitiesandcharges		(60,673)		(60,673)
Total		3,087,287		3,178,052
Analysisofnetassetsbetweenfunds	-prioryear
		Unrestricted	Restricted	Total
		funds	funds	funds
		2022	2022	2022
		£	£	£
Tangiblefixedassets		1,228,405		1,228,405
Fixedassetinvestments		1,677,706		1,677,706
Heritageassets		151,800		151,800
Currentassets		347,279		463,147
Creditors duewithinoneyear		(208,374)		(208,374)
Creditorsdueinmorethanoneyear		(18,163)		(18,163)
Provisionsforliabilitiesandcharges		(2,446,356)		(2,446,356)
Total		732,297	115,868	848,165

20.	Reconciliationofnetmovementinfundstonetcashflow	fromoperating	activities
			2023	2022
			£	£
	Netexpenditurefortheyear(asperStatementofFinancialActivities)		(348,113)	(150,847)
	Adjustmentsfor:
	Depreciationcharges		82,929	74,725
	Losses/(gains)oninvestments		58,842	(147,350)
	Dividends,interestsandrentsfrominvestments		(47,392)	(48,029)
	(Profit)/losson thesaleoffixedassets		(4,319)	3,633
	(Increase)/decreaseindebtors		(45,604)	98,383
	Decreaseincreditors		(328)	(94,218)
	Pensionfundadjustments		297,000	306,000
	Interestcostonprovision		1,177	850
	Netcash(usedin)/providedbyoperatingactivities		(5,808)	43,147
21.	Analysisofcashandcashequivalents
			2023	2022
			£	£
	Cashinhand		384,185	332,543
	Totalcashandcashequivalents		384,185	332,543
22.	Analysisofchangesinnetdebt
		At1April		At31March
		2022	Cashflows	2023
		£	£	£
	Cashatbankandinhand	332,543	51,642	384,185
		332,543	51,642	384,185

	At31MarchAt	31March
	2023	2022
	%	%
Discountrate	48	2.60
Futuresalaryincreases	3.9	4.25
Futurepensionincreases	2.9	3.25

	At31March	At 31March
	2023	2022
	Years	Years
Mortalityrates(inyears)
-foramaleaged65now	21.1	21.2
-at65foramaleaged45now	22.3	22.5
-forafemaleaged65now	23.5	23.9
-at65forafemaleaged45now	25.0	25.4

	At31March	At31March
	2023	2022
	£	£
Equities	4,344,000	4,549,000
Gilts	521,000	989,000
Property	551,000	292,000
Cashandotherliquidassets	345,000	143,000
Diversifiedgrowth	838,000	1,766,000
Multiassetcredit	711,000	768,000
Infrastructure	1,105,000	817,000
Totalfairvalueofassets	8,415,000	9,324,000

	2023 £	2022 £
Currentservicecost	(422,000)	(407,000)
Interestcost	(59,000)	(56,000)
Administrativeexpenses	(6,000)	(10,000)
TotalamountrecognisedintheStatementofFinancialActivities	(487,000)	(473,000)

	2023 £
Openingdefinedbenefitobligation	11,705,000
Contributionsbyschemeparticipants	66,000
Benefitspaid	(303,000)
Servicecost	422,000
Interestexpense	301,000
Changeinfinancialassumptions	(4,110,000)
Changeindemographicassumptions	(279,000)
Experiencelossonobligation	266,000
Closingdefinedbenefitobligation	8,068,000

	2023
	£
Openingfairvalueofschemeassets	9,324,000
Interestincome	242,000
Contributionsbyemployer	190,000
Contributionsbyschemeparticipants	66,000
Returnonassets	(1,064,000)
Otheractuarialgain/(losses)	(34,000)
Benefitspaid	(303,000)
Administrationexpenses	(6,000)
Closingfairvalueofschemeassets	8,415,000

	2023	2022
	£	£
Totalactuarialgains/(losses)ondefinedbenefitpensionscheme
Returnonassets	(1,098,000)	324,000
Restrictionofsurplus	(347,000)	-
Changeinfinancialassumptions	4,110,000	478,000
Changeindemographicassumptions	279,000	-
Experiencelossonobligation	(266,000)	(20,000)
Total	2,678,000	782,000

					2023	2022
					£	£
Financial	assets
Financial	assets	measuredat	fair	valuethroughincomeandexpenditure	1,468,864	1,677,706