Page 28 - BPW-UK ANNUAL REVIEW 2023-2024

2023 2022 NOTE
£ £ £ £
Investments 4,191 3,691 2
CURRENT ASSETS
Debtors 0 279
Stock 0 70
Cash at bank 23,373 25,512
25,861
CURRENT LIABILITIES
Subscriptions in advance 0 1,118
Creditors and accruals 0 9
1,127
NET CURRENT ASSETS 23,373 24,734
28,425

27,564

GENERAL RESERVE
Balance brought forward 25,826 26,130

Transfer to Restricted funds -302
Surplus/Deficit for the year -861 -304
Balance 31 December 2023 24,663 25,826

RESTRICTED FUNDS 1
Balance 1 January 2023 2,599 2,599
Transfers to Funds 302
Transfers from Funds 0
Balance 31 December 2023 2,901 2,599
27,564 28,425

302NOTE 1: Restricted Funds

Tr
Balance ansfers Balance
01/01/23 to Fund 31/12/23

£ £ £
June O'Dell Award 500 0 500
Young BPW Fund 99 302 401
BPW UK Closure 2,000 0 2,000

2,599 302 2,901

NOTE 2: Investments
The investments consist of 1 share in Probus Women's Housing Society
Limited valued at £1, a National Savings Bond £2,000 and £2,190 Probus
Loan Stock 4.5% purchased 1st April 2023 which matures in 2025 when we
will consider reinvestment or redemption.

BP W U K - A N N U A L R E VIEW 2 0 2 3 ~ 2 0 2 4