Page 8 - BPW-UK ANNUAL REVIEW 2023-2024

ADMINISTRATIVE REPORT

Year Ended 31 Year Ended 31 NOTE
December 2023 December 2022
Investments 4191 3691 2
Current Assets
Debtors 0 279
Stock 0 70
Cash at bank 23373 25512
25861
Current Liabilities
Subscriptions in advance 0 1118
Creditors and accruals 50 9
1127
Net Current Assets 23323 24734
28425

27514

General Reserve

Balance brought forward 25826 26130
Transfer to Restricted funds -302
Deficit for the year -911 -304
Balance 31 December 2023 24613 25826

Restricted Funds 1
Balance 1 January 2023 2599 2599
Transfers to Funds 302
Transfers from Funds 0
Balance 31 December 2023 2901 2599
27514 28425

Note 1: Restricted Funds
Balance 1
Transfer Balance 31
January 2023 to Fund Decembre 2023
June O'Dell Award 500 0 500

Young BPW Fund 99 302 401

BPW UK Closure 2000 0 2000
2599 302 2901
Note 2: Investments
The investments consist of 1 share in Probus Women's Housing Society Limited valued
at £1, a National Savings Bond £2000 and £2190 Probus Loan Stock 4.5% purchased
1st April 2023 which matures in 2025 when we will consider reinvestment or redemp-
tion.
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BP W U K - A N N U A L R E VIEW 2 0 2 3 ~ 2 0 2 4