2022-12-31-accounts - Stockfield Community Association

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		Page
Report ofthe	Trustees and Directors	1—7
Report ofthe	Independent Auditors	8-10
Statement of	Financial Activities	11-12
Notes to the	Statement of Financial Activities	13-14
Charity Balance Sheet		15
Consolidated	Balance Sheet	16
Notes to the	Financial Statements	17-21

				Unrestricted	Unrestricted	Designated	Restricted	Tota I	Total
					Funds	Funds	Funds	2022	2021
			Notes		E	E	E	E	E
Incoming Resources:
Incoming Resources from
Generated Funds
Donations from Subsidiary					30,717			30,717	42,728
Interest on Deposits and Investments					112,587			112,587	76,046
Incoming Resources from
CharItable Activities
Social Housing Rents					597,051			597,051	599,468
Grants and other Income					58,781			58,781	77,690
Total Incoming Resources
Resources Expended:
Charitable Activities
Provision ofServices				1	595,869	77,158		673,027	633,147
Governance Costs				2	55,824			55,824	51,892
Total Resources Expended
Net Incoming/Outgoing Resources
before Gain on Investments					147,443	(77,158)		70,285	110,893
N Income dlture	for	h	r		147,443	(77,158)		70,285	110,893
Unrealised (Loss)/Gain on	Investments			4	(533395)			(533,395)	329,674
Net Outgoing/Incoming Resources
before Transfers					(385,952)	(77,158)		(463,110)	440,567
Transfers between Funds				3	242,793	(229,754)	(13,039)
Net Movement In Funds					(143,159)	(306,912)	(13,039)	(463,110)	440,567
Balances brought forward
at 1January 2022					1,227,119	3,921,526	13,039	5,161,684	4,721,117
Balances carried forward
at 31December 2022

		Unrestricted	Designated	Restricted	Tota I	Tote I
		Funds	Funds	Funds	2022	2021
		E	E	6	f	E
PROVISION	OF SERVICES
Management	and Maintenance	182,947			182,947	171,323
Major Repairs			67,556		67,556	56,052
Disability Adaptations			9,602		9,602
Insurance		13,724			13,724	11,119
Ground Rent		300			300	300
Depreciation	of Housing Properties	239,124			239,124	239,124
Donations		1,440			1,440	500
Investment	Fund Fees	34,943			34,943	34,668
Support to Youth Activities		14,423			14,423	8,983
Resource Centre		8,029			8,029	8,157
Events		19,378			19,378	360
Grant expenditure		58,341			58,341	79,652
Downsizing	incentive	1,500			1,500	1,500
Consultancy		21,720			21,720	21,409

Professional	Fees	3,101	3,101	2,725
Financial Services		19,539	19,539	19,003
Administration	Services	27,646	27,646	24,814
Auditors' Remuneration		4,764	4,764	5,014
Insurance		654	654	616
Bank Charges		120	120	120

3.	TRANSFERS		BETVYEEN	FUNDS
					Opening			Closing
					Balance	Transactions	Transfers	Balance
					E	E	E	E
	Unrestricted Income and		Funds Expenditure	Account	1227 119	385952	~242 7	~160
	Designated		Funds
	Major Repairs				2,799,113	(67,556)	335,418	3,066,975
	Unrealised		Gains		788,745		(533,395)	255,350
	Cyclical Maintenance				205,000		22,289	227,289
	Disability Adaptations				30,000	(9,602)	(5,398)	15,000
	Community		Facility		98,668		(48,668)	50,000
					3,921,526	(77,158)	(229,754)	3,614,614
	Restrkted	Funds
	Capital Grants				13,039		(13,039)
4.	UNREALISED INVESTMENT MOVEMENT
							2022	2021
							E	6
	Llnrealised		investment	loss/(gain)

TANGIBLE FIXEDASSE	TS
					Land gt
					~lldi
COST:
At 1January 2022					5,986,492
Additions
At 31December 2022					5,986,492
DEPRECIATION:
At 1January 2022					5,687,813
Charge for year					239,124
At 31December 2022					5,926,937
NET BOOK VALUE:
At 31December 2022					59,555
At 31December 2021					298,679
DEBTORS:AMOUNTS	FALLING
DUE WITHIN ONE YEAR
				2022	2021
				E	E
Rents due from Bromford Housing Group				155,325	95,668
Rent In arrears				15,258	14,043
Other debtors
Ground rents				12,776	13,187
Prepayments and accrued Income				34829	~225
CURRENT ASSET INVESTMENTS
				2022	2021
				E	E
72 Ordinary Shares in	Lloyds Bank pic			49	49
Managed Investment	Fund			3,505,350	4,038,745
Birmingham City Council		Consolidated	Loan Fund	9QLiZk	5263K

				2022	2021
				f	f
	Accrued Expenses			170,364	105,056
7.	OPERATING LEASE COMMITMENTS
	The following operating		lease payments	are committed to be paid within one year:
				2022 f	2021f
	Expiring:
	Within one year			4,740	4,740
8.	RESTRICTED FUNDS
				2022 f	2021f
	Capital Grants				13,000
	Community Watch				39
9.	DESIGNATED FUNDS
				2022 f	2021f
	Major Repairs Sinking	Fund		3,066,975	2,799,113
	Unrealised Gains Sinking		Fund	255,350	788,745
	Cyclical Maintenance	Sinking Fund		227,289	205,000
	Disability Adaptation Sinking Fund Community Facility Fund			15,000 ~00	30,000 98668