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|Registered Social Housing Provider Information|Registered Social Housing Provider Information||
|---|---|---|
|Board Report||2to 5|
|Independent
Auditors'|Report|6to 9|
|Statement ofComprehensive
Income||10|
|Balance Sheet|||
|Cash Flow Statement||12|
|Statement ofChanges|in Reserves|13|
|Notes to the Financial|Statements|14to 20|
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|Charity Registration|Charity Registration|Number|Number|1055157||||||
|---|---|---|---|---|---|---|---|---|---|
|Home and|Communities||Agency|A3996||||||
|registration|Number|||||||||
|Almshouse|Association||Member|1071||||||
|Number||||||||||
|Governing|instrument|||The governing
instrument||is the|constitution|adopted on 4 September|1989.|
|Members ofthe board||||The Reverend D Cleeves||||||
|||||Miss Christine
Greensit||||||
|||||Mr Shaun Blades||||||
|||||Mrs Sarah Webster||||||
|||||Mr Douglas Marr||||||
|Managing|Agents|||Tessa Klemz, Clerk||||||
|Registered|office|||Bridge House||||||
|||||19Swinton Terrace||||||
|||||Masham||||||
|||||Ripen||||||
|||||North Yorkshire||||||
|||||HG4 4HS||||||
|Bankers||||Barclays Bank pic||||||
|||||UK Banking Service Centre||||||
|||||Blinllllgll alii||||||
|||||Bl3PF||||||
|Auditors||||Watson Buckle Limited||||||
|||||Statutory
Auditors|tk Chartered||Accountants|||
|||||York House||||||
|||||Cottingley
Business|Park|||||
|||||Bradford||||||
|||||BD161PE||||||
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||||2020|2019|
|---|---|---|---|---|
|||Note|||
|Turnover|||28,115|27,984|
|Administrative
expenditut'e||2|(26,936)|(26,773)|
|Operating
surplus/(deficit)|||1,179|1311|
|Income tom fixed asset investments|||1,572|1,742|
|Interest receivable
and similar income|||51|131|
|Movements
in fair value offinancial|instruments||(3,227)|4,349|
|Surplus/(deficit)
forthe year|||(425)|7,433|
|Total comprehensive
income for the year|||(425)|7,433|
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||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Note||8|
|Fined assets|||||||
|Tangible assets|||||340,667|340,981|
|Investments|||||38 152|40,549|
||||||378,819|381,530|
|Current assets|||||||
|Debtors|||||1,666|1,895|
|Cash at bank|and in|hand|||31,384|32,393|
||||||33,050|34,288|
|Creditors: Amounts||falling due within one year|||(4,844)|(4,784)|
|Net current|assets||||28,206|29,504|
|Total assets|less current||liabilities||407,025|411,034|
|Creditors: Amounts||falling due after more than one year||10|(160517)|(164,101)|
|Net assets|||||246,508|246,933|
|Reserves|||||||
|Income and expendimre|||reserve||229,001|226,199|
|Unrestricted|revaluation||reserve||17,507|20,734|
|Total Reserves|||||246,508|246,933|
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|||||2020|2019|
|---|---|---|---|---|---|
|Net (expenditure)/income||||(425)|7,433|
|Investment
income||||(1,623)|(1,873)|
|Depreciation||||10,970|10,671|
|(Profit) /loss on revaluation offixed||asset investments||3227|(4,349)|
|Decrease/(increase)
in debtors||||229|(80)|
|Decrease in creditors||||(3,524)|(3,524)|
|Net cash inflow||||8,854|8,278|
|Cash flow statement||||||
|||||2020|2019|
|Net cash inflow from operating|activities|||8,854|8,278|
|Returns
on investments
and servicing offinance||||||
|Interest received||||1,623|1,873|
|Capital expenditure
and financial||investment||||
|Purchase oftaagible fixed assets||||(10,656)|(18,157)|
|Purchase ofinvestments||||(830)|(1,000)|
|||||(11,4&6)|(19,157)|
|Decrease in cash in the year||||(1,009)|(9,006)|
|Reconciliation
ofnet cash liow|to|movement|in net funds|||
|Decrease in cash||||(1,009)|(9,006)|
|Net funds at
1 January 2020||||32,393|41,399|
|Net funds at 31December 2020||||31,384|32,393|
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|Statement ofChanges|in Reserves as at 31De|cember 2020||
|---|---|---|---|
||Income and
expenditure|Revaluation
reserve|Total|
||reserve|||
|At 1January 2019(as restated)|226,199|20,734|246,933|
|Surptusl(deficit)
for the year|3,084||3,084|
|Revaluation
oftangible fixed assets||(3,227)|(3,227)|
|Total comprehensive
income|3,084|(3,227)|(143)|
|At 31December 2019|229,283|t7,507|246,790|
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|value, over their expec|ted useful economic life as foll|ows:|ows:||
|---|---|---|---|---|
|Asset class||Depreciation
method||and rate|
|Equipment||20%straight|line basis||
|Fixtures St fittings||10%straight|line basis||
|Roofs||2%straight|line basis||
|Doors and windows||3.33%straight
line basis|||
|Kitchens||5%straight|line basis||
|Bathroom||4%straight|line basis||
|Boilers||6.67%straight
line basis|||
|Electrical and heating|installations|4%straight|line basis||
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|2
Social housing t|urn|over
an|d cost|s|||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||8||
|Turnover|||||||
|Service charges receivable|||||24,531|24,400|
|Amortised
government||grants|||3,584|3,584|
|Turnover
from social||housing|lettings||28,115|27,984|
|Administrative
expenditure|||||||
|Management|||||(3,542)|(3,033)|
|Service charge costs|||||(2,351)|(2,235)|
|Routine maintenance|||||(8,296)|(9,344)|
|Depreciation ofhousing||properties|||(10,970)|(10,671)|
|Other costs|||||(1,777)|(1,490)|
||||||(26,936)|(26,773)|
|Operating
surplus|on|social housing||lettings|1,179|1,211|
|Void losses||||||427|
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|3
Surplus
ou ordinary|ac|tivities
is stated after charging/(|crediting):||
|---|---|---|---|---|
||||2020|2019|
|Audit fees|||||
|Audit ofthe financial|statements||550|525|
|Accountancy
fees|||500|475|
|Depreciation offieehotd|property||10,135|9,660|
|Depreciation offixtures|and|fittings|835|1,011|
|Amortisation
ofgovernment||grants|(3,584)|(3,584)|
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|5
Accommodation
owned and in managem|ent|ent||||
|---|---|---|---|---|---|
||Number||ofunits|Number ofunits||
||atl|January||at 31December||
|||2020|||2020|
|Housing
accommodation||||||
|6
Tangible fixed assets||||||
||Housing|||||
||properties
for||Property|plant||
||letting||and machinery||Total|
|Cost||||||
|At 1 January 2020|387,439||14,149||401,588|
|Additions|10,656||||10,656|
|At 31December 2020|398,095||14,149||412,244|
|Depreciation||||||
|At 1 January 2020|52,237|||8,370|60,607|
|Charge for the year|10,135|||835|10,970|
|At 31December 2020|62,372|||9,205|71,577|
|Net book value||||||
|At 31December 2020|335,723|||4,944|340,667|
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|Housing||||
|---|---|---|---|
|properties|for|Property plant||
|letting||and machinery|Total|
|335,202||5,779|340,981|
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|7
Fixed asset investments|||
|---|---|---|
||2020|2019|
||g||
|Other investments|38,152|40,549|
|Other investments|||
||Listed||
||investments|Total|
|Valuation|||
|At 1 January 2020|40,549|40,549|
|Revaluation|(3,227)|(3,227)|
|Additions|830|830|
|At 31December 2020|38,152|38,152|
|Carrying
amount|||
|At 31December 2020|38,152|38,152|
|At 31December 2019|40,549|40,549|
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|8
Debtors|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
|Prepayments|||||||1,666|1,895|
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Creditors:|amounts|falling|due|within|one|year|||
||||||||2020|2019|
|Accruals|||||||1,260|1,200|
|Grants|||||||3,584|3,584|
||||||||4,844|4,784|
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|10 Creditors: amounts|10 Creditors: amounts|falling due after one year|||
|---|---|---|---|---|
||||2020|2019|
|Harrogate|Borough Council Loan||10,000|10,000|
|Grants|||150,517|154,101|
||||160,517|164,101|
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