2023-03-31-accounts

				Page
Trustees'	report			1-4
Independent auditor's		report		5-8
Statement	offinancial	activities
Summary	income and	expenditure	account	10
Balance sheet
Statement	ofcash flows			12
Notes to	the financial	statements		13-23

					Unrestricted	Unrestricted
					funds	funds
					2023	2022
				Notes		F
Income from:
Donations and legacies					3,689	5,777
Charitable activities					1,602,090	1,424,791
Investments					2,822	44
Total income					1,608,601	1,430,612
Charitable activities				6	1,513,916	1,356,759
Other expenditure				10	5,497	6,003
Total expenditure					1,519,413	1,362,762
Net income					89,188	67,850
Other recognised		gains and losses:
Revaluation oftangible			fixed assets			15,208
Net movement	in funds				89,188	83,058
Reconciliation	of	funds:
Fund balances	at 1 April 2022				630,323	547,265
Fund balances	at	31 March 2023			719,511	630,323

				All income funds
				2023	2022
					E
Income				1,605,779	1,430,568
Interest and	investment		income	2,822	44
Gross income				1,608,601	1,430,612
Expenditure				1,508,885	1,351,700
Depreciation	of	fixed assets		5,031	5,059
Financing costs				5,497	6,003
Total expenditure		from	income funds	1,519,413	1,362,762
Net income	for	the year		89,188	67,850

				2023		2022
			Notes
Fixed assets
Tangible assets					561,677		561,805
Current assets
Debtors			12	97,402		89,778
Cash at bank and in	hand			412,604		311,277
				510,006		401,055
Creditors: amounts	falling	due within	13
one year				(226,799)		(191,720)
Net current assets					283,207		209,335
Total assets less current liabilities					844,884		771,140
Creditors: amounts	falling	due after
more than one year			14		(125,373)		(140,817)
Net assets					719,511		630,323
The funds ofthe charitable		company
General unrestricted	funds				704,303		615,115
Revaluation reserve					15,208		15,208
					719,511		630,323

					2023		2022
				Notes	E
Cash flows from operating			activities
Cash generated from operations				20		119,649		98,348
Investing		activities
Purchase	oftangible fixed assets				(6,300)		(2,173)
Proceeds	from disposal oftangible fixed
assets							453
Investment		income received			2,822		44
Net cash		used in investing	activities			(3,478)		(1,676)
Financing		activities
Repayment		of bank loans			(14,844)		(14,340)
Net cash		used in financing	activities			(14,844)		(14,340)
Net increase in cash and cash equivalents						101,327		82,332
Cash and		cash equivalents	at beginning	of year		311,277		228,945
Cash and		cash equivalents	at end of	year		412,604		311,277

						Unrestricted	Unrestricted
						funds	funds
						2023	2022
							E
	Donations	and	gifts			3,689	5,777
4	Income from		charitable	activities
						Unrestricted	Unrestricted
						funds	funds
	Management		fees				13,500
	Rent and	service charges				1,563,342	1,373,299
	Grant income		- West Northamptonshire		Council	38,748	37,992
						1,602,090	1,424,791
5	Income from		investments
						Unrestricted	Unrestricted
						funds	funds
						2023	2022
	Interest receivable					2,822	44

			Charitable	Charitable
			Expenditure	Expenditure
			2023	2022
				F
	Staff costs (see note 9)		361,391	303,401
	Rent		1,003,525	873,863
	Light and heat		14,348	11,860
	Council tax and water	rates	16,256	9,579
	Insurance		14,534	12,209
	Property repairs and cleaning		22,671	28,183
	Resident support costs		3,482	5,489
	Motor and travel		11,748	9,661
			1,447,955	1,254,245
	Share ofsupport costs (see note 7)		49,926	86,807
	Share ofgovernance	costs (see note 7)	16,035	15,707
			1,513,916	1,356,759
7	Support costs allocated to activities
			2023	2022
	Office and garage rent		674	2,211
	Office light and heat		6,929	1,308
	Telephone and office		6,265	3,720
	Repairs and renewals		12,529	34,401
	Advertising			4,000
	Computer expenses		9,692	24,449
	Sundry expenses		7,408	10,105
	Depreciation offixed	assets	5,031	5,059
	Loss on scrapping oftangible assets		1,398	1,554
	Governance costs		16,035	15,707
			65,961	102,514
			2023	2022
	Governance costs comprise:
	Audit and accountancy fees		11,900	10,404
	Legal and professional		4,135	5,303
			16,035	15,707

The average		m	onthly number ofemployees during the ye	ar was:
				2023	2022
				Number	Number
				13	13
Employment		costs		2023	2022
Wages and		salaries		298,692	273,943
Social security			costs	23,700	18,783
Other pension			costs	13,736	13,939
Redunancy		costs			(8,090)
Temporary	agency staff			9,578
Staff advertising			and training	15,685	4,826
				361,391	303,401

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
Financing	costs	5,497	6,003

11	Tangible fixed assets	Tangible fixed assets
				Freehold	land	Fixtures and	Motor	Total
				and buildings		fittings	vehicles
	Cost or valuation
	At 1 April 2022			550,000		30,764	15,056	595,820
	Additions					6,300		6,300
	Disposals					(4,116)		(4,116)
	At 31 March	2023		550,000		32,948	15,056	598,004
	Depreciation	and impairment
	At 1 April 2022					19,648	14,367	34,015
	Depreciation	charged	in the year			4,841	190	5,031
	Eliminated in	respect of disposals				(2,719)		(2,719)
	At 31 March	2023				21,770	14,557	36,327
	Carrying amount
	At 31 March	2023		550,000		11,178	499	561,677
	At 31 March	2022		550,000		11,116	689	561,805

Debtors
		2023	2022
Amounts falling due within one year:		E
Trade debtors		79,890	76,152
Other debtors		4,023	1,332
Prepayments	and accrued income	13,489	12,294
		97,402	89,778

13	Creditors: am	ounts	falling due within one year
					2023	2022
				Notes	E
	Bank loans			15	15,444	14,843
	Other taxation	and social security			7,804	6,452
	Trade creditors				17,570	47,905
	Other creditors				30,221	1,759
	Accruals and deferred		income		155,760	120,761
					226,799	191,720
14	Creditors: amounts		falling due after more than one year
					2023	2022
				Notes
	Bank loans				125,373	140,817
15	Loans and overdrafts
					2023	2022
	Bank loans				140,817	155,660
	Payable within	one year			15,444	14,843
	Payable after	one year			125,373	140,817

		At 1 April	Incoming	Resources	Gains and	At 31 March
		2022	resources E	expended f	losses F	2023
General	funds	630,323	1,608,601	(1,519,413)		719,511

Analy	sis ofchan	ges in net funds
			At	1April 2022	Cash flowsAt 31 March 2023
					f	f
Cash	at bank and	in hand		311,277	101,327	412,604
Loans	falling due	within one year		(14,843)	(601)	(15,444)
Loans	falling due	after more than one year		(140,817)	15,444	(125,373)
				155,617	116,170	271,787

20	Cash generated from	operations	operations	operations				2023	2022
	Surplus for the year							89,188	67,850
	Adjustments for:
	Investment income recognised			in statement		offinancial	activities	(2,822)	(44)
	Loss on disposal oftangible		fixed assets					1,398	1,554
	Depreciation and impairment			oftangible	fixed assets			5,031	5,059
	Movements in working	capital:
	(Increase) in debtors							(7,624)	(28,604)
	Increase in creditors							34,478	52,533
	Cash generated from	operations						119,649	98,348
21	Auditor's liability limitation			agreement