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2023-03-31-accounts

Almshouse Information
Reportofthe
Trustees
Statement ofTrustees' R,
Independent
Examiner's
yort tothe Trustees
Statement ofFinancial A
Statement ofFinaneiai Posi

6Stilwell (Chair) 6Stilwell (Chair)
SBakewell
MCashman (resigned Septe
FHollingsworth
JLowes (resigned Septembe
CMitchell
er2022)
022)
1
'2
CNafzger
SRichardson
M Stojanovic (joined Septem r2022)
e
SECRETARY
FHollingsworth
REGISTERED OFFICE
Pioneer House
Norton%ay
South
Letchworth
Garden City
Hertford shire
SG6 1NY
INOKI'KAME EXAM%K
UHY Hacker Young, C
The Nexus Building, Broadwa
Letchworth
Garden
City
Hertfoldshtre
SG69BL
BANKERS
HSBC
Howardsgate
Welwyn~City
Herts
AL8 6BA

Notes Unrestricted Restricted Total Total Total
Funds Funds 2023 2022
Income from. C
Donations
and legacies
Charitable
actlvltles
Other trading activities 94,323 83,489
Total Income
94/23 83,489
Expenditure
on:
Letting activities (91,840) (91,840) (54,925)
Total Expenditure (91,840) (91,840) (54+25)
Net Income / {expenditure) fore investment
gains /(losses) 2,483 2,483
Fmance lllcome
Net gains / (losses) on inves ents
Xetincome/(e
enditure)
rtheyear 5,073 5,073
Reconciliation offunds:
Fund balances atthe start of eyear 136,716
141,789
136,716
141,789
86,542
136,716

Fixed Assets
Housing properties
Investment
260,773 170,415
229,503 226,913
Total Fixed Assets
Current Assets
Debtors
Cash at bank and in hand 40,076
165„521
205,597
Current LiabiTities
Creditors
amounts
falling &thin one year (18,551) (65,226)
Total Assets less Current L biTities 542,771
Creditors falling due after mote
Accumulated
Funds
General (Unrestricted)
Endowment
funds
funds 541/71 536,199
Total Charity Funds 1,500 1,500

Cash flows from operatin activities
Net income/(expenditure)
Adjustments
for.
f the year 5,073 50,174
Depreciation
charges
(Gains)/losses
on mvestmen
9,982 9,501
Income from investments (2/90) (21„610)
(increase)/decrease
in stocks
0 0
(Increase)/decrease
in debto
. 0 0
Increase/(decrease)
incredi
rs 34,434 (37,614)
Increase/(decrease)
inprovistons
Net cash in /(ont)flow fro
operating activities
(46,675)
0
26,462
0
Cash flows from investing cflvltl&s
Investment
in properties
Net cash in /(ont)flow fro
(100,342)
Change in cash in the year (100,118)
Cash slid cash eq1Bvalents at
Cash at the end olthe year 165,521
65,403
Wet funds reconclTiatlon
Cash atbank and in hand 165,521 65,403
Net Cash 165+21 100,118 65,403

Listed
Unlisted 221,099 218,652
8404 8261
At 31March
229,503 226,913
8 DKSTORS
Amounts
falling dne
lthin one year.
Arrears ofrent and
Other debtors

Trade Creditors
Purchase Ledger S,330
Management SPS4 8,810
Other &editors 10,732 49,105
2,565 1,981
18,551 65,226

Cyclical
Major Repairs 7,500 7,500
Capital Endowment F S7,447 S5,000
Revenue 1,500 1,500
476,324 473,699
542,771 53"1,699