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2020-12-31-accounts

Page
Company
Information
Report ofthe Trustees (Including Directors' Report) 2 —3
Independent
Examiner's
Report
Statement
of Financial Activities
and
Income and Expenditure Account
Balance Sheet
Notes to the Financial Statements 7 —10

Trustees: J A Gilrnour
EJ Robinson
SJ Robinson
Secretary: SJ Robinson
Staff: PJ Gilmour
(Housing
Manager)
Principal Office &Correspondence Address: Dale Farm
Worcester Lane
Sutton Coldfield
West Midlands
B755PR
Bankers: Barclays Bank
Leicester
LE872BB
Independent Examiner: Peter Saltiel
Church 8 Charity Accounts Service
Planchadeau
23460 Saint-Pierre-Bellevue
France
Registered Charity Number: 1071686(England & Wales)
Company Number: 3588469 (England 8 Wales)

ear Ended 31s tD ecember 2 020
Total Total
Other Unrestricted Unrestricted
Notes Designated Unrestricted Funds Funds
2020 2020
f
2020 20'i9
F
Income:
Charitable activities: rent
receivable 167,039 167,039 164,401
Interest receivable 11 11 15
167,050 167,050 164,416
Expenditure:
Charitable activities 63,497 63,497 101,611
Net income for the year 103,553 103,553 62,805
Transfers:
To Maintenance Fund 28 11
To Sinking Fund 28 11
Net movement in funds 103,553 103,553 62,805
Total funds brought forward 570,652 315,910 886,462 823,657
Total funds carried forward 570,662 419,463 990,015 886,462

nditure
on charitable
act
ivities
2020 2019
Interest payable 11,501 16,009
Depreciation
oftangible assets
26,476 26,671
Staff costs (less E1,300 QH contribution) 1,700 1,950
Property expenses 17,761 50,909
Governance —Independent Examiner 485 485
Governance —Companies House 13 13
Bookkeeping
8 admin charge from SQCT
5,500 5,500
Bank charges 61 74
63,497 101,611

7. Taxation
The company
is a
purposes,
no liability
registered
charity
and as all its income
to tax arises
in respect of the year ended
will be applied
31stDecember
for charitable
2020 (2019:
Nil).
8. Tangible Fixed Assets Freehold Furniture,
property carpets etc Totalf
Cost
At 31stDecember 2019 1,617,564 32,836 1,650,400
Additions/disposals in the year
At 31st December 2020 1,617,564 32,836 1,650,400
Depreciation
At 31st December 2019 373,568 32,454 406,022
Charge for the year 26,094 382 26,476
At 31stDecember 2020 399,662 32,836 432,498
Net Book Value
At 31stDecember 2020 1,217,902 1,217,902
At 31st December 2019 1,243,996 382 1,244,378
9. Debtors 2020 2019
Rental debtors 1,088 2,012
Prepayments 1,821 2,420
2,909 4,432
10. Creditors falling due within twelve months 2020 2019
E
Rents prepaid 1,678 1,308
Accruals 9,410 5,871
11,088 7,179

Utilisation ofFunds Maintenance Sinking Other Total Funds
Fund Fund Unrestrictedf
Opening
balances
424,192 146,360 315,910 886,462
Net incoming
resources
103,553 103,553
Transfers
Closing balances 424,192 146,360 419,463 990,015
Represented
by:
Tangible fixed assets 672,344 146,360 399,198 1,217,902
Net current assets/liabilities 20,265 20,265
Long term loans (248,152) (248,152)
424,192 146,360 419,463 990,015