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|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|
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|'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}|
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||||||||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||
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|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|
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||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|
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|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||||||||
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|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|
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|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|
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||||||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).|||||||
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