Page 26 - BPW UK ANNUAL REVIEW 2021-2022 - PART I and II
P. 26

General           Ring-fenced             Total
                                                       £        £         £         £         £          £
            Investments                                         1,691               2,000                3,691

            CURRENT ASSETS
            Debtors                                     735                   0         0        735
            Stock                                         70                  0         0         70
            Cash at bank                             18,584                  99              18,683
                                                     19,389                  99              19,488
            CURRENT LIABILITIES
            Subscriptions in advance                    984                   0                  984
            Creditors and accruals                        25                  0                   25
                                                       1009                                    1,009
            NET CURRENT ASSETS                                 18,380                  99               18,479
                                                               20,071               2,099               22,170

            General Reserve
            Balance 1 January 2022                   26,130                                  26,130
            Deficit for the year                    (6,059)*                                  -6,059
            Balance 31 December 2022                           20,071                                   20,071

            Restricted Funds
            Balance 1 January 2022                                        2,599                2,599
            Transfers to Funds                                                0                    0
            Transfers from Funds                                          (500)*                -500
            Balance 31 December 2022                                                                     2,099
                                                               20,071               2,099               22,170



            Ring-fenced Funds
                                                                                                      Balance
                                                                        Balance
                                                                         01/01/22   Transfers        Transfers         31/12/22
                                                                                           from Funds
                                                                                 to Funds
            June O'Dell Award                                               500         0        500         0
            Young BPW Fund                                                   99         0          0        99
            BPW UK Closure                                                2,000         0          0     2,000
                                                                          2,599         0       500      2,099
            * Total Deficit  £6,559 with £6,059 coming from General Funds & £500 from Ring Fenced Funds
                                                      Investments: The investments consist of 1 share in Probus Women’s
                                                      Housing Society Limited valued at £1, plus purchased during 2021
                                                      £1,690 Probus Bond  3.5% 2023 Loan Stock.
                                                      Also held in a National Savings Bond £2,000 (2019 £2,000).■

                26     BP W  U K   -  A NN U A L   RE VIEW  2 0 2 1 ~ 2 0 2 2
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