2023-03-31-accounts - Ringwood United Charities

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INCOMING RESOURCES
				ALEXANDER
				jAMES
			MAIN	MEMORIAL		POOR'5	TOTAL	FUNDS
		Notes	FUND	TRUST	FUND	FUND	2023	2022
				E		E	E	E
Income and endowments from:
Charitable Activities		4(a)	35,808			0	35,808	28,624
Grant Income		4(a)	510				510
Investment Income		4(b)	3,903		1,254	128	3,854	3,871
Total income and endowments			38,790		1,254	128	40,172	32,495
RESOURCES EXPENDED
Expenditure on:
Charitable Disbursements		s(a)
Cost ofCharitable Activities
Upkeep ofthe Almshouses		s(b)	76,834			0	76,834	57,785
Administration		s(c)	5,793				5,793	7,482
Professional Fees		5(c)	1,854				1,854	1,854
Total expenditure			84,481			0	84,481	67,121
Net income before gains/- losses			-45,691		1,254	128	-44,309	-34,626
Unrealised revaluation	gains/-losses
Investments		6	-7,684		-5,177	-176	-13,037	55,174
Almshouses
NET MOVEMENT IN FUNDS			-53,375		-3,923	-48	-57,346	20,548
Balance at 1April 2022			1,905,460		55,549	5,299	1,966,308	1,945,760
BALANCE AT31 MARCH 2023			1,852,085		51,626	5,251	1,908,962	1,966,308

		BALANCE SH	EET AS ATA 3	1MARCH 2	023
RESTRICTED			Alexander
FUNDS			James
		Main	Memorial	Poor's	Total	Funds
			Trust
FIXEDASSETS	Notes	Fund	Fund	Fund	2023	2022
				f	f	f
Almshouse	t(c) g, z	1,178,000		0	1,178,000	1,178,000
Investments	1(c)56	567,870	30,914	4,397	603,181	616,918
TOTAL FIXEDASSETS		1,745,870	30,914	4,397	1,781,181	1,794,918
CURRENT FIXED ASSETS
Debtors &prepayments		796	8,221		9,017	8,399
Bank Balances:
National Westminster	Bank
Current account		63,436	9,587	773	73,796	35,429
Reserve account		0	2,905	0	2,905	2,905
COIF Deposit Fund		61,110		0	61,110	159,619
		124,546	12,492	773	137,811	197,953
Total current assets		125,342	20,713	773	146,828	206,352
LIABILITIES
Creditors &1year						34,962
NET CURRENT ASSETS		125,342	20,713	773	146,828	171,390
TOTAL ASSETS		1,871,212	51,627	5,170	1,928,009	1,966,308
Represented by
RESTRICTED FUNDS		1,871,212	51,627	5,170	1,928,009	1,966,308

Charitable Activities
			ALEXANDER
			JAMES
			MEMORIAL	POOR'S	TOTAL	FUNDS
		MAIN
4(a) CHARITABLE ACTIVITIES		FUND	TRUST FUND	FUND	2023	2022
Almspersons		35,808			35,808	28,624
Grant Income		510			510
Miscellaneous				0	0
		36,318		0	36,318	28,624
4(b) INVESTMENT INCOME
Charinco Common Investment		Fund
20902.59Income Units
BLKCharities UK Bond Fund	A		1,254		1,254	1,254
COIF Charities Investment 4129Income units -Clark 213income units —Clark 387Income units —Repairs 22 Income units —Baldwin 17Income units- Birch 4 Income units —Thaine COIF Deposit Interest	Fund in	2,249 211 0 1,434		0 116 0 12 0 2 0	2,249 116 211 12 9 2 1,434	2,205 114 207 12 9 2 68
Bank interest
		3,903	1,254	130	5,287	3,871

FO RESTRICTED FUNDS	R THE YEA	R ENDED 31	MARCH 2	023
		ALEXANDER
EXPENDITURE ON		JAMES
	MAIN	MEMORIAL	POOR'5	TOTAL	FUNDS
	FUND	TRUST FUND	FUND	2023	2022
		f	f
5(a) CHARITABLE DISTRIBUTIONS
5(b) COSTOF CHARITBLE ACTIVITIES
Upkeep ofAlmshouses
Repairs Consultancy	3,522			3,522	1,500
Refurbish —CommunalAreas	1,450			1,450
Roof/Chimney Project	59,267			59,267	1,140
Flat 8 —Maintenance/Refurb	95			95	0
Flat 9 —Maintenance/Refurb	5,021			5,021
Flat 10—Maintenance/Refurb Flat 11—Maintenance/Refurb	313			313 83	28,623
Flat 12 —Maintenance/Refurb	367			367
Flat 13—Maintenance/Refurb Flat 15 —Maintenance/Refurb	954 270			954 270	7,454
Plumbing					1,710
Electrical					119
Water Tank					4,919
Council Tax	1,485			1,485	1,032
Electricity	95			95
Gas	88			88
Water	2,677			2,677	4,861
Telephone	732			732
Insurance					1,366
Security Garden	40			40	1,180 362
Printing					35
Misc	375			375	3,484
	76,834			76,834	57,785
5(c)ADMINISTRATION
Almshouse Association	296			296	287
Clerk's Salary	5,460			5,460	5,615
Computer	37			37	73
Miscellaneous
					1,507
	5,793			5,793	7,482
5(d) PROFESSIONAL FEES
Accountancy	1,854			1,854	720
Independent Examination					1,134
Property Revaluation
	1,854			1,854	1,854

			FOR T	H	E YEAR EN	DED 31MARCH	2023
RESTRICTED FUNDS
6 INVESTMENTS						ALEXANDER JAMES
					MAIN	MEMORIAL	POOR'5	TOTAL	FUNDS
					FUND	TRUST FUND	FUND	2023	2022
Alexander James Memorial Trust Fund
BLKCharities UK Bond	Fund A		9income units)
(formerly Charinco Investment			Fund —income		units)
1"April 2022						36,091		36,091	39,129
Unrealised (loss)/gain	for year					(5,177)		(5,177)	-3,038
Valuation at31March	2023					30,914		30,914	36,091
Clarks Fund
COIF Charities Investment		Fund (income units)
1"April 2022					80,406		4,148	84,554	77,836
Unrealised gain for year					(3,043)		(157)	(3,200)	6,718
Valuation at31March	2023				77,363		3,991	81,354	84,554
Repairs Fund
COIF Charities Investment		Fund	(income units)
1'April 2022					7,536			7,536	6,937
Unrealised (loss)/gain for		year			(285)			(285)	599
Valuation at31March	2023				7,251			7,251	7,536
Baldwin Fund
COIF Charities Investment		Fund	(income units)
1"April 2022							428	428	394
Unrealised gain for year							(16)	(16)	34
Valuation at31March 2023							412	412	428
Burch Fund
COIF Charities Investment		Fund	(income units)
1"April 2022					331			331	305
Unrealised gain for year					(12)			(12)	52
Valuation at31March 2023					319
Thaine Fund
Or April 2022							78	78	72
Unrealised gain for year							(3)	(3)
Valuation at31March 2023								75	78
Extraordinary Repair Fund
COIF Charities Investment		Fund (accumulated		units)
1'April 2022					487,900			487,900	437,071
Investment during year
Unrealised gain for the year					(4,334)			(4,334)	50,829
Valuation at31March 2023					483,556			482,966	487,900
Total at Valuation					568,489	30,914	4,478	603,881	616918
Total unrealised gains/-losses					(7,684)	(5,177)	(1761	(13,0371	55,174
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