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2022-12-31-accounts

Contents:
			Pages
Trustees' report
Accountants	Report
Statement of	financial	activities
Balance sheet
Notes to the financial		statements	7-13

		Unrestricted	Restricted	2022	2021
		funds	funds	Total	Total
			6
	Notes
Income and expenditure
Incoming resources
Residents' maintenance contributions			80,393	80,393	72,158
Interest and dividends re	13	20,646		20,646	13,707
Subscriptions and donations		6,272		6,272	7,100
Legacy				0	0
Laundry		3,168		3,168	3.045
Xmas Draw		1,415		1,415	2,020
Garden party/cream tea				0	0
Sundry income		285		285	302
Total incoming resources		31,786	80,393	112,179	98,332
Resources expended
Direct charitable expends	2	1,068	91,132	92,200	88,113
Management and administration
ofthe Homes	3	2 303	800	3 103	4438
Total resources expende	4	3,371	91,932	95,303	92,551
Net incoming resources for	the year	28,415	-11,539	16,876	5,781
Balances brought forward
at 1stJanuary 2022		491,681	169,986	661,667	655,886
Balances carried forward
31stDecember 2022		520,096	158,447	678,543	661,667

As at31stD	ecember	2022
					2021
					E
Fixed assets			5	5,6?1	10,612
Current assets
Investment	accounts		6	503,363	493,363
Debtors and	prepayments			2,730	2,730
Cash at bank and in		hand		167965	156098
Total incoming resources				674,058	652,191
Creditors: amounts		falling due within one year	7	1,136	1136
Net current	assets			672,922	651,055
Net assets				678,543	661,667

Represented	by:
Funds
Unrestricted		12	520,096	491,681
Restricted		11	158,447	169,986
			678,543	661,667

2 Direct ch	aritable e	xpenditure
			Unrestricted	Restricted	Total	Total
			funds	funds	2022	2021
				E	E	E
	Notes
Wages and	salaries & Pension Cont			22,153	22,153	26,436
Emergency	linkline			1,800	1,800	3,538
Light, heat	and power			12,506	12,506	8,878
Water rates/council		tax		7,057	7,057	6,425
Telephone			1,068		1,068	1,051
Laundry				0	0	0
Insurance				5,870	5,870	5,395
Building maintenance				16,799	16,799	18,323
Household	expenses			796	796	793
Heating maintenance				1,717	1,717	2,013
Security &	Fire Alarm	Maint		2,203	2,203	540
6arden				3,319	3,319	3,057
Windows				0	0	6,177
Decoration				11,291	11,291	0
Depreciation				4,991	4,991	4,991
6arden Patio				0	0	0
Lift				630	630	496
			1,068	91,132	92,200	88,113

3Management	an	d	administration o	fthe Homes
						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds
				f.	f
Quinquennial						0	0
Postage, stationery			and advertising	353		353	438
Audit and accountancy				1,308		1308	1,302
Donations				0		0	0
Christmas party					800	800	1,167
Staff gratuities				0		0	375
Outing				91		91	652
Subscriptions				0		0	0
Sundries				551		551	504
				2,303	800	3,103	4,438
4Total resources		expended
						2022	2021
			Staff	Depreciation	Other	Total	Total
			costs		costs
			f		f	f
Direct charitable
expenditure			22,153	4,991	65,056	92,200	88,113
Management	and
administration		of
the homes					3,103	3,103	4,438
			22,153	4,991	68,159	95,303	92,551

5 Fixed Assets						2022	2022
				Freehold		Building nprovemenl		Total
				land	and	extension
				buildings
					6
Cost / valuation
At 1stJanuary	2022	and 31st Decernb			630	50,713	49,910	101,253
Additions
					630	50,713	49,910	101,253
Depreciation
At 1stJanuary	2022					50,713	39,928	90,641
Charge for the	year					0	4,991	4,991
At 31stDecember 2022						50,713	44,919	95,632
Written down	values
At 31st December 2022					630		4,991	5,621
At 31st December 2021					630		9,982	10,612
The cost / valuation		offreehold	land	and buildings		comprises:
						2022	2021
						6	E
Valuation (prior to		1958)				31,000	31,000
Costs to 1stJanuary		1977				10,630	10,630
						41,630	41,630
Less: Disposal	proceeds (December 1977)					41,000	41,000
						630	630

The cost ofthe building extension	The cost ofthe building extension	The cost ofthe building extension	The cost ofthe building extension	comprises:	comprises:
						2022	2021
						f	f
Payments	for work	done,	services	provided	and
mortgage	interest payable		to 31st	December 1995		391,568	391,568
Less:
Housing Association		grant
(including	interest	for late payment)				-273,032	-273,032
Building and Endowment			Fund			-67,823	-67,823
						50,713	50,713

6Investments	6Investments
Gilt Investments					0	0
Charity Common investment			funds		~503 363	4~93363
					503363	493363
(Market Valuation )
CCLA Fixed	I	3924.34 units			4,560	5,212
CCLA Proper		56938.36units			63,401	71,971
M&G
Charifund		587.806 (Accumulation		Units)	170,147	170,491
Charifund		2658.596(Income Units)			39,068	31,264
Charibond		99010.927(Income Units)			107,239	119,972
Charity Muh		196680.267 (Income Units)			173,688	179,274
NAACIF		0 (Income Units)			0	0
Schroders
Fixed intere.		43438 (Income Units)			22,097	29,147
Equity		27878 (Income Units			118147	~123110
					698348	730440

11Restricted funds
	Balance	Movements	in resource	Balance
	01.01.22	Incoming	Outgoing	31.12.22
	E	E	E	E
Building and maintenance
benefit fund	169,986	80,393	91,932	158,447
	169,986	80,393	91,932	158,447

			Tangible	Net	Total
			fixed	current
			assets	assets
			f	f
Restricted funds:
Building and	maintenance	benefit fun	5,621	152,826	158,447
			5,621	152,826	158,447
Unrestricted	funds		0	520,096	520,096
			5,621	672,922	678,543
13Income Analysis
			2022		2021
			f		f
NAACIF Fund			4720		6490
Gilt			0		-4072
Gilt			0		281
M&G			3717		0
Charibond			0		2362
Charifund			2713		1446
Schroder			5480		4242
CCLA			3940		2951
Bank Interest			76		7
			~20 646		~13707