2021-03-31-accounts

			Page
Almshouse	Information
Report ofthe Trustees			2-3
Statement ofTrustees'		Responsibilities
Independent	Examiner's	Report
Statement	of Comprehensive Income
Statement	of Financial	Position
Statement	ofChanges	in Equity and Reserves
Notes to the Accounts			9-13

		Note	2021	2020
Turnover			89,505	81,790
Operating expenditure			(47,444)	(52,445)
Operating surplus			42,061	29,345
(Loss) IProfit on investments			44,471	(25,917)
Interest receivable 8	similar income		10	49
Total comprehensive	income forthe		86,542	3,477
year

		Note	2021	2021
Fixed assets
Housing properties and equipment:
Cost less depreciation		6	179,916	187,065
Investments		7	205303	160832
			385,219	347,897
Current assets
Debtors		8	2,462	768
Cash at bank and in	hand		138608	59833
			141,070	60,601
Creditors-
Amounts falling due Net current assets	within one year	9	~(38,765	7515 53,086
			102,305
Total assets			487 524	400983
Capital and reserves
Designated reserves
Future cyclical maintenance		10	7,500	7,500
Major repairs reserve		11	55,000	55,000
Capital endowment	fund		1,500	1,500
Revenue reserve		12	423,524	336,983
			487524	400983

			Cyclical Maintenance Reserve	Major Repairs Reserve	Capital Endowment Fund	Revenue Reserve	Total
				E	E
As at 1	April 20119		7,500	55,000	1,500	333,506	397,506
Transfer	from revenue	reserve
Surplus from statement comprehensive income		of for the year				3,477	3,477
At 1 April 202020
Transfer	from revenue	reserve
Surplus from statement comprehensive income		of for the year				86,542	86,542
Balance	at31 March 2021		7500	55000	1 500	423 525	457 525

Leasehold	office property	over life oflease
Housing properties - Main Fabric		75 Years
Roof		60 Years
Windows &Doors		20 Years
Gas Boilers		15Years
Kitchen		20 Years
Bathroom		20 Years
Mechanical	Systems	10Years
Electrics		25 Years

	NOTES TO THE ACC	O	UNTS FOR T	HE YEAR ENDED 31MARCH	HE YEAR ENDED 31MARCH	2021
2.	Income and expenditure		from Housing	Accommodation
					2021	2020
						R
	Maintenance contributions Less: losses from voids				90,514 ~1013	83,914 ~2124
	Expenditure Operating surplus				89,501 ~47444 42 057	81,790 ~52 445 29345
3.	Operating surplus
	This is stated after charging:				2021	2020
					f
	Depreciation				9,501	8,691
	Independent Examiner's	remuneration			480	2009
4.	Movement in Investment		Valuation		2021	2020
	Valuation as at 01/04/2020 Valuation as at 31/03/2021 Changes in Valuations				44 471 205,303 160832	25917 160,832 186749
Interest receivable and similar income					2021	2020
					E	F
	Income receivable from	investments			10	49
6.	Tangible fixed assets
				Housing	Lifeline	Lifeline
	1stApril			Properties E	Equipment f	Equipment
	Cost
	At 01/04/2020			263, 146	11,026	285,198
	Additions			2,352
	Disposals At 31/12/2021			265498	11026	285 198
	Depreciation At 01/04/2020			76,081	11,026	11,026
	Additions			9,501
	Disposals At 31 March 2021			85 582	11026	11026
	Net BookValue
	At 31/12/2021			179916
	At 31/12/2020			187065

tments
		2021	2020
Listed investments		197,045	153,332
Unlisted	investments	7,500	7,500
COIF &	HSBC DEP	758
		205,303	160,832

8.	Debtors
			2021	2020
	Rent arrears		1,931	222
	Prepayments		326	336
	Other debtors		205	210
			2,462	768
9.	Creditors: Amounts	falling due within one year
			2021	2020
	Accruals and deferred	income	11,852	6,656
	Other creditors		2,254	859
	Other Creditor - FGCH		20,371
			34,477	7,515
			(4,614)	(38,765)
10.	Designated reserves	- cyclical maintenance
			2021	2020
	At 1 April 2020		7,500	7,500
	Transfers to revenue	reserve
	At 31 March 2021		7,500	7,500

11.	Designated reserves - major repairs
		2021	2020
		f.
	At 1 April 2020	55,000	55,000
	Transfers from revenue reserve
	At 31 March 2021	55000	55	000
12.	Revenue reserve
		2021	2020
		E
	Opening balance as at 1 April 2020 Surplus forthe year	336,982 86,542	333,506 3,477
	Transfer (to) designated reserve - major repairs
	Closing balance as at 31 March 2021	423 524	336 983
13.	Housing stock Units in Management
		2021	2020
	Leasehold	14		14
		14		14