2021-03-31-accounts

Report of the Trustees		1	to	3
Statement of Trustees'	Responsibilities
Independent Examiner's	Report
Statement of Comprehensive Income
Statement of Changes	in Reserves
Statement of Financial	Position
Statement of Cash Flows
Notes to the Statement	of Cash Flows		10
Notes to the Financial	Statements	11	to	18
Detailed Statement of	Financial Activities		19

				31.3.21	31.3.20
			Notes	E	E,
TURNOVER				69,930	67,440
Operating expenses				(66,711)	(63,772)
Other income				786	2,075
OPERATING SURPLUS/(DEFICIT)				4,005	5,743
Interest receivable				28	52
Gains / (losses) on fixed		asset investments		167,124	(99,085)
SURPLUS/(DEFICIT)	FOR	THE YEAR		171,157	(99,085)
Other comprehensive	income
TOTAL COMPREHENSIVE		INCOME FOR THE YEAR		171,157	(99,085)

		Unallocated	Unallocated	Designated	Permanent	Total
		revenue	reserve	funds	endowment	31.3.2021
					reserve
			E	E	E	E
Balance at 1 April 2020			132,056	650,879	52,697	835,632
Surplus/(deficit) from statement			179,257	(8,100)		171,157
of comprehensive income
Transfer to permanent			(1,405)		1,405
endowment reserve
Transfer to Designated cyclical			(10,000)	10,000
maintenance fund
Transfer from Designated	fixed		8,468	(8,468)
asset reserve fund
Transfer from Designated
extraordinary repairs fund
Balance at 31 March 2021			308,376	644,311	54,102	1,006 789

Statement of Financial Pos 31 March 2021	ition
			31.3.21	31.3.20
		Notes
FIXED ASSETS
Tangible assets			203,533	212,001
Investments			753,336	586,212
			956,869	798,213
CURRENT ASSETS
Debtors		10	872	758
Cash at bank			100,116	89,748
			100,988	90,506
CREDITORS
Amounts falling due within	one year		(5,094)	(5,410)
NET CURRENT ASSETS			95,894	85,096
TOTAL ASSETS LESS CURRENT LIABILITIES			1,052,763	883,309
CREDITORS
Amounts falling due after	more than one year	12	(45,974)	(47,677)
NET ASSETS			1,006,789	835,632
FUNDS		13
Unrestricted funds			952,687	782,935
Endowment funds			54,102	52,697
TOTAL FUNDS			1,006,789	835,632

Statement of Cash Flows
for the Year Ended 31 March 2021
				31.3.21	31.3.20
			Notes
Cash flows from operating	activities
Cash generated from operations				10,340	13 133
Net cash provided by operating activities				10,340	13,133
Cash flows from investing	activities
Interest received				28	52
Net cash provided by investing activities				28	52
Change in cash and cash equivalents		in
the reporting period				10,368	13,185
Cash and cash equivalents	at the
beginning of the reporting	period			89,748	76,563
Cash and cash equivalents	at the end	of
the reporting period				100,116	89,748

o the Statement of Cash Flows Year Ended 31 March 2021	o the Statement of Cash Flows Year Ended 31 March 2021	o the Statement of Cash Flows Year Ended 31 March 2021	o the Statement of Cash Flows Year Ended 31 March 2021	o the Statement of Cash Flows Year Ended 31 March 2021
RECONCILIATION OF NET INCOME/(EXPENDITURE)					TO NET CASH	FLOW FROM	OPERATING ACTIVITIES
							31.3.21	31.3.20
							E	E
Net income/(expenditure)			for the reporting	period (as per the
Statement of Financial		Activities)					171,156	(93,290)
Adjustments for:
Depreciation charges							8,468	8,468
(Gain)/losses on investments							(167,123)	99,085
Interest received							(28)	(52)
(Increase)/decrease	in debtors						(114)	296
Decrease in creditors							~2,019)	~1,374)
Net cash provided by operations							10,340	13,133
ANALYSIS OF CHANGES		IN	NET FUNDS
						At 1.4.20	Cash flow	At 31.3,21
						E.	E	E
Net cash
Cash at bank and in	hand					89,748	10 368	100,116
						89,748	10,368	100 116
Total						89,748	10,368	100,116

TURNOVER
		31.3.21	31.3.20
		E	E
Release of Government	Grant	1,703	1,703
Service Charges		68,227	65,737
		69,930	67,440

			31.3.21	31.3.20
			E	E
Services			21,994	24,109
Management			9,936	9,936
Routine	Maintenance		13,831	8,580
Administrative		Overheads	20,950	21,147
			66,711	63,772
OTHER	INCOME
			31.3.21	31.3.20
			E	E
Hire of	Facilities		481	1,467
Sundry	Income		305	608
			786	2,075

					31.3.21	31.3.20
Wages	and	salaries			18,274	18,744
The average		monthly	number of employees	during the year was as follows:
					31.3.21	31.3.20
Office	staff	(part-time)			1	1
Warden	(part-time)				1	1

The surplus/(deficit)	The surplus/(deficit)	for the year is	stated after charging:		31.3.21	31.3.20
					E	E
Depreciation					8,468	8,468
Independent	examiners fee				1,372	1 372
					9,840	9,840
TANGIBLE FIXED ASSETS
			Freehold	Freehold	Other	Total
			housing	land	assets
			E
COST
At 1 April 2020			344,577	19,205	7,119	370,901
At 31 March	2021		344,577	19,205	7,119	370,901
DEPRECIATION
At 1 April 2020			146,179	5,602	7,119	158,900
Charge for	year		7,908	560		8,468
At 31 March	2021		154,087	6, 162	7,119	167,368
NET BOOK	VALUE
At 31 March	2021		190,490	13,043		203,533
At 31 March	2020		198,398	13,603		212,001

FIXED ASSET INVESTMENTS
	Listed
	investments
	E
MARKET VALUE
At 1 April 2020	586,212
Revaluations	167,124
At 31 March 2021	753,336
NET BOOK VALUE
At 31 March 2021	753,336
At 31 March 2020	586,212

market value of the s	market value of the s	hares.	hares.
DEBTORS: AMOUNTS		FALLING DUE WITHIN		ONE YEAR
							31.3.21		31.3.20
									E
Prepayments	and accrued income							872	758
CREDITORS:	AMOUNTS		FALLING DUE WITHIN		ONE YEAR
							31.3.21		31.3.20
							8		f.
Trade creditors								590	603
Other creditors							4,	504	4,807
							5,094		5,410
CREDITORS:	AMOUNTS		FALLING DUE AFTER		MORE THAN	ONE YEAR
							31.3.21		31.3.20
							E		E
Other creditors							45,974		47,677

				31.3.Z1	31.3.20
		Unrestricted	Endowment	Total	Total
		funds	fund	funds	funds
		E	E	E	E
Fixed assets		203,533		203,533	212,001
Investments		753,336		753,336	586,212
Current	assets	46,886	54,102	100,988	90,506
Current liabilities Long term liabilities		(5,094) ~45,974)		(5,094) ~45, 974)	(5,410) ~47,677)
		952,687	54,102	1,006,789	835,632

MOVEMENT	IN FUND	S
							Net	Transfers
							movement	between	At
						At 1.4.20	in funds	funds	31.3.21
							E	E	E
Unrestricted	funds
Unallocated	revenue	reserve				132,056	179,257	(2,937)	308,376
Designated	- Extraordinary			repairs	fund	267,367	(8,100)		259,267
Designated	- Special	reserve		fund		1,511			1,511
Designated	- Revenue		contingency		fund	30,000			30,000
Designated Designated	- Cyclical maintenance - Fixed assets reserve				fund fund	140,000 212,001		10,000 ~8,468)	150,000 203,533
						782,935	171,157	(1,405)	952,687
Endowment	funds
Permanent	endowment		reserve			52,697		1,405	54,102
TOTAL FUNDS						835,632	171 157		1,006,789

							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
							E	E	E	E
Unrestricted		funds
Unallocated		revenue	reserve				70,744	(66,711)	167,124	171,156
TOTAL FUNDS							70,744	~66,711)	167,124	171,156
Comparatives		for movement			in funds
								Net	Transfers
								movement	between	At
							At 1.4.19	in funds	funds	31.3.20
								E	E	E
Unrestricted		funds
Unallocated		revenue	reserve				228,283	(93,290)	(2,937)	132,056
Designated	-	Extraordinary		repairs		fund	267,367			267,367
Designated	-	Special reserve			fund		1,511			1,511
Designated	-	Revenue	contingency			fund	30,000			30,000
Designated Designated	- -	Cyclical maintenance Fixed assets reserve				fund fund	130,000 220,469		10,000 ~8,468)	140,000 212,001
							877,630	(93,290)	(1,405)	782,935
Endowment		funds
Permanent	endowment		reserve				51,292		1,405	52,697
TOTAL FUNDS							928,922	~93,290)		835,632

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				E	E	E
Unrestricted	funds
Unallocated	revenue	reserve	69,567	(63,772)	(99,085)	(93,290)
TOTAL FUNDS			69,567	(63,772)	(99,085)	(93,290)