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2023-03-31-accounts

~Pa e
Report ofthe Trustees 1-3
Report ofthe Independent Examiner
Receipts and Payments
Statement ofAssets and Liabilities
Notes to the Accounts 7-9

Note Unrestncted Restricted Total
Funds Funds 2023 2022
Receipts:
Maintenance
Contributions
80,211 80,211 91,351
Dividends
and Interest
6,167 6,167 5,312
Deposit Interest 329 329 509
86,707 86,707 97,172
Investment
Sales
107,818 107,818 69,008
Total Receipts 194,525 194,525 166,180
Payments:
Property Expenses:
Surveyors 7,482 7,482
Insurance 6,881 6,881 6,109
Water Charges
and
Council Tax 7,823 7,823 9,079
Repairs and Maintenance 288,929 288,929 24,271
Light &Heat 1,273 1,273 955
312,388 312,388 40,414
Governance Costs:
Secretarial 4,000
Wages and Pension fees 15,010 15,010 9,227
Investment
Managers
Fees 3,139 3,139 3,512
Accountancy
Charges
1,848 1,848 1,684
Independent
Examiners
Fees 900 900 800
Treasurers
Fees
1,649 1,649 1,123
Sundries 3,911 3,911 1,712
Loan Charges 150 150 150
26,607 26,607 22,208
Asset and Investment Purchases
and Loan Repaid 4 73,281 73,281 48,493
Total Payments 412,276 412,276 111,115
Net Receipts/(Payments)
for the Year (217,751) (217,751) 55,065
Transfers
between
funds 11
Cash Funds brought forward 282,393 282,393 227,328
Cash Funds carried forward 864,642 864,642 8282,393

Note Unrestricted Restricted Total
Funds Funds 2023 2022
Fixed Assets
Housing
Properties:
Cost 184,680 184,680 184,680
investments 277,272 277,272 351,945
Total Fixed Assets 461,952 461,952 536,625
Current Assets
Debtors
Cash Funds
4,400
64,642
4,400
64,642
2,915
282,393
Current
Liabilities
69,042 69,042 285,308
Creditors 10 8,331 8,331 7,446
Net Current Assela 60,711 60,711 277,862
522,663 522,663 814,487
Less: Long term liability 10 3,000
Net Assets 8522,663 8522,663 6811,487

Maintenance Contributions Received
2023 2022
Maintenance Contributions Received 76,236 87,052
Service Charges Received 3,975 4,479
E80,211 E' 91,351

2023 2022
Emoluments (including VAT):
Clerk to the Trustees Nil 4,000
Treasurer E 1,649 E 1,123
The total expenses reimbursed to the Trustees Nil E Nil
StaffCosts 2023 2022
Wages and Salaries 13,422 8,987
Pension Costs 1,588 658
E15,010 E 9,227

Asset and Investment
Purchases
and Loa
n Re
id
2023 2022
Property
Improvements
Investment
Purchases
70,281 45,493
Loan Repaid 3,000 3,000
E73,281 E48,493

Fixed Assets
Freehold
Housin
Pro erties held for Lettin dolt
~di
d d
d
d
Id
di
Cost:
At 1st April 2022 184,680
Additions
in Year
At31stMarch20 3 184,680
1961,which were part funded
by a S
almshouses
isf5,377,958.
ocial Housing
Gran
t off17,024. For insurance
purp
oses
the value ofthe
7. Investments
Market
Cost Value
At 31stMarch 2023 f 275,914 f277,272
At 31st March 2022 f290,239 f351,945
8. Debtors 2023 2022
Debtors 1,900 1,900
Prepayments 2,500 1,015
f4,400 f 2,915
9. Cash Funds
Lloyds
Shawbrook
50,794
8,237
173,150
82,908
Rathbones 5,514 26,237
Petty Cash 97 98
f64,642 f282,393
10. Creditors
Amounts
falling due within one year:
Creditors and accruals
5,106 4,446
National
Association ofAlmshouses
Loan 3,225 3,000
f8,331 f7,446
Amounts
falling due in more than one year:
National
Association ofAlmshouses
Loan
f 3,000

11. Funds 2023 2022
Unrestricted:
General 222,663 261,487
Designated - Planned Repairs and Maintenance Reserve 150,000 200,000
- Major Repairs Reserve 150,000 350,000
Restricted - Endowment
f522,663 f811,487