2022-12-31-accounts

Board Report			1to 2
Independent Auditors'	Report		3to 5
Statement ofComprehensive		Income
Balance Sheet
Cash Flow Statement
Statement ofChanges	in Reserves
Notes to the Financial	Statements		10to 14

'I'urnovcr			28,377	27,667
Administrative cxpcnditurc			(29,2)13)	(37.075}
Operating surplus/(deficit}			(906}	(9,4011}
income f'rom fixed asset investmcnts			1,600	1,412
Interest receivable and similar	income		120	3
Movements in fair value oftinanciaf		instriuncnts	(1„542)	3,3fff
Surplus/(deilcit) for the year			(72ff)	(4.675}
Total comprehensive income	for the year			(4.675}

							2022
							K
Fixed assets
Iollglblc assets							328.484	339921
Invcstmcnts							41„498	42.182
							369982	38:,10
Current assets
Debtors							2,043	1,766
Cash nt bank		and in	hnnrl				27.573	19801
							29,616
Creditors."Amounts			falling due within		one year		{5,144)	{4904)
Wet current		assets						16.663
Total assets		less current		liabilities			394,454	398„766
Creditors:	Amounts		falling duc after		morc than onc year	10	(153,349)	{156933)
Wet assets							241.105	241.833
Reserves
Income and		cspcndiiurc		rcscrvc			221,822	221,008
Uttrestricted		revaluation		rescue			19,?83	20,825
Total Reserves							241,105

Reconciliation ofnet mov	ement in fund	s to n	et cash flow from operatin	g activities
				2022	2021
Net expenditure				(728)	(4,675)
Investment income				(1,720)	(1,415)
Depreciation				11,437	11,438
(Profit) /loss on revaluation	offixed asset	investments		1,542	(3,318)
Increase in debtors				(277)	(100)
Decrease in creditors				(3,344)	(3,524)
Net cash inflow/(outflow)				6,910	(1,594)
Cash flow statement
				2022	2021
Net cash inflow/(outflow)	from operating	activities		6,910	(1,594)
Returns on investments and servicing offinance
Interest received				1,720	1,415
Capital expenditure and	financial investment
Purchase oftangible fixed	assets				(10,692)
Purchase ofinvestments				(858)	(712)
				(858)	(11,404)
Increase/(decrease) in cash in the year				7,772	(11,583)
Reconciliation ofnet cash flow to movement			in net funds
Increase/(decrease) in cash				7,772	(11,583)
Net funds at 1 January 2022				19,801	31,384
Net funds at 31December	2022			27,573	19,801

	Statement ofChanges	in Reserves as at 31D	ecember 2022
		Income and expenditure	Revaluation reserve	Total
		reserve
At 1January 2022		221,008	20,825	241,833
Surplus/(deficit) for the year		874		874
Revaluation oftangible	fixed assets		(1,542)	(1,542)
Total comprehensive	income	874	(1,542)	(668)
At 31December 2022		221,882	19,283	241,165

2 Social housing turno	ver	an	d cost	s
						2022	2021
Turnover
Service charges receivable						24,793	24,083
Amortised government grants						3,584	3,584
Turnover from social housing			lettings			28,377	27,667
Administrative expenditure
Management						(4,141)	(4,289)
Service charge costs						(1,806)	(1,902)
Routine maintenance						(9,578)	(17,511)
Depreciation ofhousing	properties					(11,437)	(11,438)
Other costs						(2,321)	(1,935)
						(29,283)	(37,075)
Operating surplus on social housing				lettings		(906)	(9,408)
Void losses						465
3 Surplus on ordinary	activities is			stated after charging/(crediting):
						2022	2021
Audit fees
Audit ofthe financial	statements					775	575
Accountancy fees						625	525
Depreciation offreehold	property					10,602	10,603
Depreciation offixtures	and	fittings				835	835
Amortisation ofgovernment		grants				(3,584)	(3,584)
4 Accommodation owned		and in management
					Number	ofunits Number ofunits
					at 1January at31December
					2022		2022
Housing accommodation

5 Tangible fixed assets
	Housing
	properties for	Property plant
	letting	and machinery	Total
Cost
At 1 January 2022	408,787	14,149	422,936
At 31December 2022	408,787	14,149	422,936
Depreciation
At 1 January 2022	72,975	10,040	83,015
Charge for the year	10,602	835	11,437
At 31December 2022	83,577	10,875	94,452
Net book value
At 31December 2022	325,210	3,274	328,484
At 31December 2021	335,812	4,109	339,921

7 Fixed asset investments
	2022	2021
Other investments	41,498	42,182
Other investments
	Listed
	investments	Total
Valuation
At 1 January 2022	42,182	42,182
Revaluation	(1,542)	(1,542)
Additions	858	858
At 31December 2022	41,498	41,498
Carrying amount
At 31December 2022	41,498	41,498
At 31December 2021	42,182	42,182

					2022	2021
Prepayments					2,043	1,766
9 Creditors:		amounts	falling due	within one year
					2022	2021
Accruals					1,560	1,320
Grants					3,584	3,584
					5,144	4,904
10 Creditors:		amounts	falling due	after one year
					2022	2021
Harrogate	Borough Council Loan				10,000	10,000
Grants					143,349	146,933
					153,349	156,933
Social Housing		Grants	totalling f179,189have been received.		This will be repaid ifthe properties are sold. The Social
Housing	Grants	are being recognised		in income on a systematic	basis over the expected useful life ofthe structure (50
years).