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|Board Report|||I to 3|
|---|---|---|---|
|Independent
Auditors'|Report||4 to6|
|Statement ofComprehensive||Income||
|Balance Sheet||||
|Cash Flow Statement||||
|Statement ofChanges|in Reserves||10|
|Notes to the Finaacial|Statements||11to 16|
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||||2021|2020|
|---|---|---|---|---|
|||Note|8|K|
|Turnover
Administrative
expenditure||5
2|~57.575
27,667|(26,936)
28,115|
|Operating
surplus/(deficit)|||(9,408)|1,179|
|Income &om fixed asset investments|||1,412|1,572|
|Interest receivable
and similar income|||3|51|
|Movements
in fair value offinancial
instruments
Surplus/(deficit)
for the year
Total comprehensive
income for the year|||3,318
~(4.675
(4."7 7|(3,227)
(425)
~(|
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||||Balance Sheet as at31De|cember 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Note|g||
|Fixed assets|||||||
|Tangible assets|||||339,921|340,667|
|Investments|||||42,182|38,152|
||||||382,103|378,819|
|Current assets|||||||
|Debtors|||||1,766|1,666|
|Cash at bank|and in|hand|||19,801|31,384|
||||||21,567|33,050|
|Creditors: Amounts||falling due within one year|||(4,904)|(4,844)|
|Net current|assets||||16,663|28,206|
|Total assets|less current||liabilities||398,766|407,025|
|Creditors: Amounts||falling due after more than one year||10|(156,933)|(160,517)|
|Net assets|||||241,833|246,508|
|Reserves|||||||
|Income and|expenditure||reserve||221,008|229,001|
|Unrestricted|revaluation||reserve||20,825|17,507|
|Total Reserves|||||241,833|246,508|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Net expenditure||||||(4,675)|(425)|
|Investment
income||||||(1,415)|(1,623)|
|Depreciation||||||11,438|10,970|
|(Profit) /loss on revaluation||offixed|asset|investments||(3,318)|3 227|
|(Jncrease)/decrease
in debtors||||||(100)|229|
|Decrease in creditors||||||(3,524)|(3,524)|
|Net cash (outflow)/inflow||||||(1,594)|8,854|
|Cash flow statement||||||||
|||||||2021|2020|
|Net cash (outflow)/inflow|&om operating|||activities||(1,594)|8,854|
|Returns
on investments
and servicing offinance||||||||
|Interest received||||||1,415|1,623|
|Capital expenditure
and|financial||investment|||||
|Purchase oftangible fixed|assets|||||(10,692)|(10,656)|
|Purchase ofinvestments||||||(712)|(830)|
|||||||(11,404)|(11,486)|
|Decrease in cash in the year||||||(11,583)|(1,009)|
|Reconciliation
ofnet cash||flow to|movement||in net funds|||
|Decrease in cash||||||(11,583)|(1,009)|
|Net funds at I January 2021||||||31,384|32,393|
|Net funds at 31December|2021|||||19,801|31,384|
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||Statement ofChang|es
in Reserves as at 31|December 202|1|
|---|---|---|---|---|
|||Income and
expenditure|Revaluation
reserve|Total|
|||reserve|||
|At 1January 2021||229,001|17,507|246,508|
|Surplus/(deficit)
for the year||(7,993)||(7,993)|
|Revaluation oftangible|fixed assets||3,318|3,318|
|Total comprehensive|income|(7,993)|3,318|(4,675)|
|At 31December 2021||221,008|20,825|241,833|
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|over their expected us|eful economic life as follows:||||
|---|---|---|---|---|
|Asset class||Depreciation
method||and rate|
|Equipment||20%straight|line basis||
|Fixtures &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
turn|o|ver|an|d costs||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Turnover||||||||
|Service charges receivable||||||24,083|24,531|
|Amortised
government|grants|||||3,584|3,584|
|Turnover
from social|housing|||lettings||27,667|28,115|
|Administrative
expenditure||||||||
|Management||||||(4,289)|(3,542)|
|Service charge costs||||||(1,902)|(2,351)|
|Routine maintenance||||||(17,511)|(8,296)|
|Depreciation ofhousing||properties||||(11,438)|(10,970)|
|Other costs||||||(1,935)|(1,777)|
|||||||(37,075)|(26,936)|
|Operating
surplus
on|social housing||||lettings|(9,408)|1,179|
|3
Surplus
on ordinary||activities is stated atter charging/(crediting):||||||
|||||||2021|2020|
|Audit fees||||||||
|Audit ofthe fmanciat||statements||||575|550|
|Accountancy
fees||||||525|500|
|Depreciation offreehold||property||||10,603|10,135|
|Depreciation offixtures||and|fittings|||835|835|
|Amortisation
ofgovenunent|||grants|||(3,584)|(3,584)|
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|4
Accommodation
owned and in management|||||
|---|---|---|---|---|
||Number ofunits||Number ofunits||
||at 1January||at31December||
|||2021||2021|
|Housing accommodation|||||
|5
Tangible fixed assets|||||
||Housing||||
||properties
for|Property|plant||
||letting|and machinery||Total|
|Cost|||||
|At 1 January 2021|398,095|14,149||412,244|
|Additions|10,692|||10,692|
|At 31December 2021|408,787|14,149||422,936|
|Depreciation|||||
|At 1 January 2021|62,372||9,205|71,577|
|Charge for the year|10,603||835|11,438|
|At 31December 2021|72,975|10,040||83,015|
|Net book value|||||
|At 31December 2021|335,812||4,109|339,921|
|At 31December 2020|335,723||4,944|340,667|
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|2021||2020|
|---|---|---|
|42,|182|38,152|
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|Other investments|||
|---|---|---|
||Listed||
||investments|Total|
|Valuation|||
|At 1 January 2021|38,152|38,152|
|Revaluation|3,318|3,318|
|Additions|712|712|
|At 31December 2021|42,182|42,182|
|Carrying
amount|||
|At 31December 2021|42,182|42,182|
|At 31December 2020|38,152|38,152|
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|8
Debtors|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|Prepayments|||||||1,766|1,666|
|9
Creditors:|amounts|falling|due|within|one|year|||
||||||||2021|2020|
|Accruals|||||||1,320|1,260|
|Grants|||||||3,584|3,584|
||||||||4,904|4,844|
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|||||2021|2020|
|---|---|---|---|---|---|
|Harrogate|Borough|Council|Loan|10,000|10,000|
|Grants||||146,933|150,517|
|||||156,933|160,517|
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