2022-03-31-accounts

				Page
Reference and administrative		details ofthe Company,	its Trustees and advisers	1-2
Trustees' report				3-6
Independent auditor's	report	on the financial statements		7-9
Statement offinancial	activities			10
Balance sheet
Statement ofcash flows				12
Notes to the financial	statements			13-26

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
		Note		F	F	F
Income from:
Donations and legacies						5,496
Charitable activities				1,063,350	1,063,350	1,035,745
Investment income				54	54	231
Total income				1,063,404	1,063,404	1,041,472
Expenditure on:
Charitable activities				593,751	593,751	522,227
Total expenditure				593,751	593,751	522,227
Net income				469,653	469,653	519,245
Transfers between	funds	10	(956)	956
Net movement in	funds		(956)	470,609	469,653	519,245
Reconciliation of	funds:
Total funds brought	forward		596,592	10,340,855	10,937,447	10,418,202
Net movement in funds			(956)	470,609	469,653	519,245
Total funds carried forward			595,636	10,811,464	11,407,100	10,937,447

	FOR TH	E YEAR EN	DED 31 MARCH	2022
				Note	2022f	2021
Cash flows from operating	activities
Net cash generated from operating activities				13	552,413	645,350
Cash flows from investing	activities
Purchase oftangible fixed assets					(377,899)	(396,707)
Interest received					54	231
Net cash used in investing	activities				(377,845)	(396,476)
Cash flows from financing	activities
Repayments of borrowing					(142,818)	(170,939)
Interest paid					(43,718)	(48,698)
Net cash used in financing	activities				(186,536)	(219,637)
Change in cash and cash	equivalents in	the year			(11,968)	29,237
Cash and cash equivalents	at the beginning	of the year			578,705	549,468
Cash and cash equivalents	at the end of	the year		14	566,737	578,705
The notes on pages 13to 26 form part ofthese financial			statements

			Unrestricted	Total	Total
			funds	funds	funds
			2022	2022	2021
					F
Accommodation	provision	and related services	1,063,350	1,063,350	1,035,745
Total 2021			1,035,745	1,035,745

				Grant
			Direct	funding of	Support	Total	Total
			costs	activities	costs	funds	funds
			2022	2022f	2022	2022	2021 E
Accommodation	provision	and
related services			487,932	98,999	6,820	593,751	522,227
Total 2021			419,149	96,065	7,013	522,227

				Total	Total
				funds	funds
				2022f	2021 F
Rates and water				38,898	35,081
Insurance				12,613	9,796
Housing rent paid				25,764	9,035
Leasehold service charges				26,953	27,193
Repairs and renewals				240,806	190,778
Administration and housing		management	fees	65,261	65,275
Legal and professional	fees			12,522	14,273
Depreciation				21,397	19,020
Bank charges and interest				1,747	1,631
Loan interest				41,971	47,067
				487,932	419,149
Analysis ofsupport	costs
				Total	Total
				funds	funds
				2022f	2021 F
Auditors' remuneration				6,300	6,000
Auditors' remuneration	for non audit work				250
General expenses				520	763
				6,820	7,013

	Freehold	Long	Fixtures and
	property	leasehold	fittings	Total
	F	K		F
Cost or valuation
At 1 April 2021	10,712,556	1,423,303	22,119	12,157,978
Additions	358,657		19,242	377,899
At 31 March 2022	11,071,213	1,423,303	41,361	12,535,877
Depreciation
At 1 April 2021		183,723	10,105	193,828
Charge for the year		17,707	3,690	21,397
At 31 March 2022		201,430	13,795	215,225
Net book value
At 31 March 2022	11,071,213	1,221,873	27,566	12,320,652
At 31 March 2021	10,712,556	1,239,580	12,014	11,964,150

		2022	2021
		F	F
Trade debtors		7,266	9,441
Other debtors		1,615	6,804
Prepayments	and accrued income	61,717	46,289
		70,598	62,534

Creditors: Amounts	falling due within one year
		2022	2021'
			F
Bank loans		113,021	140,972
Trade creditors		14,341	11,305
Other creditors		124,285	94,813
Accruals and deferred	income	17,751	24,496
		269,398	271,586

		2022f	2021 E
Bank loans		1,281,489	1,396,356
Included within the above are amounts	falling due as follows:
		2022	2021
		K	E
Between one and two years
Bank loans		113,021	109,361
Between two and five years
Bank loans		339,065	328,083
Over five years
Bank loans		829,403	958,912

Statement offunds	-current	year
						Balance at
		Balance at 1			Transfers	31 March
		April 2021f	Income E	Expenditure K	in/out E	2022
Unrestricted funds
Designated funds
Designated funds		6,609,250			478,627	7,087,877
Designated funds -	donated
properties		3,721,605			(8,018)	3,713,587
		10,330,855			470,609	10,801,464
General funds
General fund		10,000	1,062,869	(593,216)	(469,653)	10,000
Total Unrestricted	funds	10,340,855	1,062,869	(593,216)	956	10,811,464
Restricted funds
Charles Road		201,622			(152)	201,470
Hagbourne Road		71,083				71,083
Fir Tree Avenue		25,000				25,000
Bradstocks Way		82,299				82,299
Slade Road		41,500				41,500
Bryan Way		155,500				155,500
Steventon Road		429				429
Virginia Way		13,800				13,800
Ashfield Road		5,359			(804)	4,555
		596,592			(956)	595,636
Total offunds		10,937,447	1,062,869	(593,216)		11,407,100

Statement offunds	- prior ye	ar
						Balance at
		Balance at			Transfers	31 March
		1 April 2020f	Income	Expenditure E	in/out E	2021 F
Unrestricted funds
Designated funds
Designated funds		6,087,167			522,083	6,609,250
Designated funds -	donated
properties		3,729,623			(8,018)	3,721,605
		9,816,790			514,065	10,330,855
General funds
General fund		10,000	1,035,976	(522,227)	(513,?49)	10,000
Total Unrestricted	funds	9,826,790	1,035,976	(522,227)	316	10,340,855
Restricted funds
Charles Road		201,801			(179)	201,622
Hagbourne Road		71,083				71,083
Fir Tree Avenue		25,000				25,000
Bradstocks Way		82,299				82,299
Slade Road		41,500				41,500
Bryan Way		155,500				155,500
Steventon Road		429				429
Virginia Way		13,800				13,800
Ashfield Road			5,496		(137)	5,359
		591,412	5,496		(316)	596,592
Total offunds		10,418,202	1,041,472	(522,227)		10,937,447

Summary	offunds - cur	rent year
						Balance at
		Balance at 1			Transfers	31 March
		April 2021	Income	Expenditure	in/out	2022
Designated	funds	10,330,855			470,609	10,801,464
General funds		10,000	1,062,869	(593,216)	(469,653)	10,000
Restricted	funds	596,592			(956)	595,636
		10,937,447	1,062,869	(593,216)		11,407,100

Summary	offunds - prio	r year
						Balance at
		Balance at			Transfers	31 March
		1 April 2020	Income	Expenditure	in/out	2021
			E	E	f.	E
Designated	funds	9,816,790			514,065	10,330,855
General funds		10,000	1,035,976	(522,227)	(513,749)	10,000
Restricted	funds	591,412	5,496		(316)	596,592
		10,418,202	1,041,472	(522,227)		10,937,447

Analysis	of n	et assets between funds -current	year
			Restricted	Unrestricted	Total
			funds	funds	funds
			2022 f.	2022 E	2022f
Tangible	fixed	assets	595,636	11,725,016	12,320,652
Current	assets			637,085	637,085
Creditors	due	within one year		(269,148)	(269,148)
Creditors	due	in more than one year		(1,281,489)	(1,281,489)
Total			595,636	10,811,464	11,407,100

	Analysis	of n	et ass	ets between	funds -	prior year	prior year
						Endowment		Restricted	Unrestricted	Total
							funds	funds	funds	funds
							2021	2021	2021	2021
							E	f.	E	E
	Tangible	fixed	assets					596,592	11,367,558	11,964,150
	Current	assets					33		641,206	641,239
	Creditors	due	within	one year			(33)		(271,553)	(271,586)
	Creditors	due	in more than one year						(1,396,356)	(1,396,356)
	Total							596,592	10,340,855	10,937,447
13.	Reconciliation		ofnet movement		in funds	to net cash flow from operating			activities
									2022	2021
	Net income for the year (as per Statement					of Financial	Activities)		469,653	519,245
	Adjustments		for:
	Depreciation charges								21,397	19,020
	Increase	in debtors							(7,847)	(11,975)
	Increase	in creditors							25,546	70,593
	Interest	received							(54)	(231)
	Interest	paid							43,718	48,698
	Net cash provided			by operating	activities				552,413	645,350
14.	Analysis	ofcash and cash equivalents
									2022f	2021 E
	Cash in	hand							566,737	578,705
	Total cash and cash equivalents								566,737	578,705

				At 1 April	At 1 April		At 31 March
					2021	Cash flows f	2022
Cash at bank and in hand					578,705	(11,968)	566,737
Debt due within 1 year					(140,972)	27,951	(113,021)
Debt due after 1 year				(1,396,356)		114,867	(1,281,489)
					(958,623)	130,850	(827,773)
Capital commitments
						2022	2021
						K	F
Contracted	for but not provided		in these financial	statements
Development	of property						221,102
Operating lease commitments
At 31 March	2022 the	Company	had commitments	to make future	minimum	lease payments	under non-
cancellable	operating	leases as follows:
						2022f	2021 E
Not later than 1 year						25,911	25,533
Later than 1	year and	not later than 5 years				38,247	36,767
Later than 5	years					93,198	99,911
						157,356	162,211