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|Almshouse
Information||
|---|---|
|Report ofthe Trustees||
|Statement ofTrustees'
Responsibilities|4-5|
|Independent
Examiner's
Report to the Trustees||
|Statement ofFinancial Activities||
|Statement ofFinancial Position||
|Statement ofCash Flows||
|Notes to the Financial Statements|10-16|
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|||||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2022|2021|
|Income from:|||||||||
|Donations
and legacies|||||||||
|Charitable
activities|||||||||
|Other trading activities|||||83,489||83,489|89,501|
|Total Income|||||83,489||83,489|89,501|
|Expenditure
on:|||||||||
|Letting activities|||||(54,925)||(54,925)|(47,444)|
|Total Expenditure|||||(54,925)||(54,925)|(47,444)|
|Net Income
/ (expenditure)|before||investment||||||
|gains / (losses)|||||28,564||28,564|42,057|
|Finance income||||||||14|
|Net gains / (losses) on investments|||||21,610||21,610|44,471|
|Net income / ex enditure|for the||ear||50,174||50,174|86,542|
|Reconciliation
offunds:|||||||||
|Fund balances at the start ofthe||ear|||86,542||86,542||
|Fund balances at the end ofthe||ear|||136,716||136,716|86,542|
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|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|||
|Fixed Assets||||||
|Housing properties||||170,415|179,916|
|Investment||||226,913|205,303|
|Total Fixed Assets||||397,328|385,219|
|Current Assets||||||
|Debtors||||40,076|2,462|
|Cash at bank and in|hand|||165,521|138,608|
|Total Current Assets||||205,597|141,070|
|Current Liabilities||||||
|Creditors: amounts|falling within one year|||(65,226)|(38,765)|
|Net Current
Assets||||140,371|102,305|
|Total Assets less Current Liabilities||||537,699|487,524|
|Creditors falling due after more than one year||||||
|Total Net Assets||||537,699|487,524|
|Accumulated
Funds|||10|||
|General (Unrestricted)||funds||536,199|486,024|
|Endowment
funds||||1,500|1,500|
|Total Charit
Funds||||537,699|487,524|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating|activities||||||
|Net income/(expenditure)
for the year|||||50,174|86,542|
|Adjustments
for:|||||||
|Depreciation
charges|||||9,501|9501|
|(Gains)/losses
on investments|||||(21,610)|(44,471)|
|Income from investments|||||0|0|
|(Increase)/decrease
in stocks|||||0|0|
|(Increase)/decrease
in debtors|||||(37,614)|(1,694)|
|Increase/(decrease)
in creditors|||||26,462|26,962|
|Increase/(decrease)
in provisions|||||0|0|
|Net cash in / (out)flow from|operating|activities|||26,914|76,840|
|Change in cash in the year|||||26,913|76,840|
|Cash and cash equivalents
at|the beginning ofthe year||||215,448|138,608|
|Cash at the end ofthe year|||||242,361|215,448|
||||1April||Cash|31March|
||||2021||Flows|2022|
|Net funds reconciliation|||||||
|Cash at bank and in hand|||138,608||26,913|165,521|
|Net Cash|||138,608||26,913|165,521|
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|economic lives or t|he lives oft|
|---|---|
|Roofs|50years|
|Kitchens|20years|
|Bathrooms|30years|
|Windows|20 years|
|Central heating|15years|
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|2|PARTICULARS OF INCOME AND EXPENDITURE FROM|LETTINGS||
|---|---|---|---|
|||2022|2021|
||General Needs Housing Accommodation|||
||Turnover
from social housing lettings:|||
||Rents receivable|84,894|90,514|
||Lossess Irom voids|(1,405)|(1,013)|
||Total income from lettings|83,489|89,501|
||Expenditure
on letting activities:|||
||Services|16,472|7,970|
||Management|17,838|12,666|
||Depreciation ofhousing properties|9,501|9,501|
||Routine maintenance|6,737|9,122|
||Cyclical maintenance|||
||Planned Maintenance
&Major Repairs|4,377|8,185|
||Total expenditure
on lettings|54,925|47,444|
||Operating
surplus
on letting activities|28,564|42,057|
|3|FINANCE INCOME|||
|||2022|2021|
||Interest receivable fiom short term bank deposits||14|
|4|SURPLUS FOR THK YEAR|||
|||2022|2021|
||Surplus for the year is stated after charging:|||
||Independent
examiners'
remuneration:|480|480|
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|TANGIBLE FIXEDASSETS - HOUSING PRO|PERTIES||
|---|---|---|
||2022|2021|
|Cost|||
|At 1stApril 2021|265,498|263,146|
|Additions||2,352|
|Disposals|||
|At 31March 2022|||
||265,498|265,498|
|Depreciation|||
|At 1stApril 2021|85,582|76,081|
|Charge for the year|9,501|9,501|
|At 31March 2022|95,083|S5,582|
|Net book value|||
|At start ofyear|179,916|187,065|
|At end ofyear|170,415|179,916|
|7|CURRENT ASSETINVESTMENTS|CURRENT ASSETINVESTMENTS|||
|---|---|---|---|---|
||||2022|2021|
||Listed||218,652|197,045|
||Unlisted||8,261|8,258|
||At 31March||226,913|205,303|
|8|DEBTORS||||
||||2022|2021|
||Amounts
falling due within one year:||||
||Arrears ofrent and prepayments|||2,257|
||Other debtors||40,076|205|
||||40,076|2,462|
|9|CREDITORS (AMOUNTS FALLING DUE WITHIN ONE YEAR)||||
||||2022|2021|
||Trade Creditors||5,330|11,852|
||Purchase Ledger||8,810|2,254|
||Management|fees|49,105||
||Other Creditors||1,981|20,371|
||||65,226|34,477|
|10|DESIGNATED RESERVES||||
||||2022|2021|
||Cyclical||7,500|7,500|
||Major Repairs||55,000|55,000|
||Revenue||473,699|423,524|
||||537,699|487,524|
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