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|||**Page**||
|---|---|---|---|
|**Report o f the Trustees**|1|to|**4**|
|**Independent Examiner's Report**||5||
|**Statement o f Financial Activities**||6||
|**Balance Sheet**|7|to|**8**|
|**Notes to the Financial Statements**|9|to|21|
|**Detailed Statement o f Financial Activities**|22|to|23|





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||||||**31.12.22**|31.12.21|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|**Total**|Total|
|||funds|funds|funds|**funds**|funds|
||Notes|£|£|£|£|£|
|**INCOME AND**|||||||
|**ENDOWMENTS FROM**|||||||
|Donations and legacies|3|**13,014**|||**13,014**|74,173|
|**Charitable activities**|5||||||
|Residential & Day Lettings||**196,246**|||**196,246**|149,314|
|Long Term Lettings Community||**42,372**|||**42,372**|27,445|
|Investment income|4|**329**|**7**||**336**|10|
|**Total**||**251,961**|**7**||**251,968**|250,942|
|**EXPENDITURE ON**|||||||
|Raising funds||**4,347**|||**4,347**|4,987|
|**Charitable activities**|6||||||
|Residential & Day Lettings||**173,066**|**−**||**173,066**|177,608|
|Long Term Lettings Community||**5,660**|**−**||**5,660**|6,040|
|Catering Services||**390**|**−**||**390**|261|
|Development o f Services||**19,458**|**−**||**19,458**|19,088|
|Other||**9,927**|||**9,927**|13,530|
|**Total**||**212,848**|||**212,848**|221,514|
|**NET INCOME**||**39,113**|**7**||**39,120**|29,428|
|**Transfers between funds**|19|**(4,000)**||**4,000**|||
|**Net movement in funds**||**35,113**|**7**|**4,000**|**39,120**|29,428|
|**RECONCILIATION OF**|||||||
|**FUNDS**<br>**•**|||||||
|Total funds brought forward||**1,140,126**|**631**|**619,000**|**1,759,757**|1,730,329|
|**TOTAL FUNDS CARRIED**|||||||
|**FORWARD**||**1,175,239**|**638**|**623,000**|**1,798,877**|1,759,757|





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||||||**31.12.22**|31.12.21|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|**Total**|Total|
|||funds|funds|funds|**funds**|funds|
||Notes|**£**|£|£|£|£|
|**FIXED ASSETS**|||||||
|Tangible assets|12|**1,059,005**||**630,000**|**1,689,005**|1,661,687|
|Investments|13|**50,276**|||**50,276**||
|||**1,109,281**||**630,000**|**1,739,281**|1,661,687|
|**CURRENT ASSETS**|||||||
|Debtors|14|**5,726**|**143**|**−**|**5,869**|8,399|
|Cash at bank and in hand||**70,822**|**495**|**−**|**71,317**|127,913|
|||**76,548**|**638**||**77,186**|136,312|
|**CREDITORS**|||||||
|Amounts falling due within one|||||||
|year|15|**(9,610)**||**(3,000)**|**(12,610)**|(29,262)|
|**NET CURRENT ASSETS**||**66,938**|**638**|**(3,000)**|**64,576**|107,050|
|**TOTAL ASSETS LESS**|||||||
|**CURRENT LIABILITIES**||**1,176,219**|**638**|**627,000**|**1,803,857**|1,768,737|
|**CREDITORS**|||||||
|Amounts falling due after more|||||||
|than one year|16|**(980)**||**(4,000)**|**(4,980)**|(8,980)|
|**NET ASSETS**||**1,175,239**|**638**|**623,000**|**1,798,877**|1,759,757|
|**FUNDS**|19||||||
|Unrestricted funds:|||||||
|General fund|||||**949,354**|914,241|
|Revaluation Reserve Fund|||||**225,885**|225,885|
||||||**1,175,239**|1,140,126|
|Restricted funds:|||||||
|Restricted Fund (Phase 1)|||||**638**|631|
|Endowment funds:|||||||
|Permanent Endowment Fund|||||**75,040**|71,040|
|Endowment Revaluation Reserve Fund|||||**547,960**|547,960|
||||||**623,000**|619,000|
|**TOTAL FUNDS**|||||**1,798,877**|1,759,757|





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|**3.**|**DONATIONS AND LEGACIES**||||||
|---|---|---|---|---|---|---|
||||||**31.12.22**|31.12.21|
||Grants & Donations||||**13,014**|74,173|
|**4.**|**INVESTMENT INCOME**||||||
||||||**31.12.22**|31.12.21|
||CBF & Bank Interest||||**60**|10|
||Other fixed asset invest −FIT||||**276**||
||||||**336**|10|
|**5.**|**INCOME FROM CHARITABLE ACTIVITIES**||||||
||||||**31.12.22**|31.12.21|
|||Residential|Long|Term|||
|||& Day|Lettings||Total|Total|
|||Lettings|Community||activities|activities|
|||£|£||£|£|
||Busy Bodies Nursery & Insteps Dance|**14,479**|**19,555**||**34,034**|**25,301**|
||Other Lettings|−|**22,817**||**22,817**|**19,553**|
||Day Letting|**31,871**|||**31,871**|**13,891**|
||Strategic Health Board|**51,860**|||**51,860**|**55,696**|
||Residential|**92,820**|||**92,820**|**58,508**|
||Wedding Income|**586**|||**586**|**655**|
||Car parking|**2,400**|||**2,400**|**2,900**|
||Working space|**2,230**||**−**|**2,230**|**255**|
|||**196,246**|**42,372**||**238,618**|**176,759**|
|**6.**|**CHARITABLE ACTIVITIES COSTS**||||||
||||||Support||
||||Direct||costs (see||
||||Costs||note 7)|Totals|
||||**£**||**£**|**£**|
||Residential & Day Lettings||**62,658**||**110,408**|**173,066**|
||Long Term Lettings Community|||−|**5,660**|**5,660**|
||Catering Services|||**390**|**−**|**390**|
||Development o f Services||**4,377**||**15,081**|**19,458**|
||||**67,425**||**131,149**|**198,574**|





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|**SUPPORT COSTS**||||||
|---|---|---|---|---|---|
|||||Governance||
||Management||Finance|costs|Totals|
|||£|£|£|£|
|Other resources expended||**4,111**|**−**|**5,816**|**9,927**|
|Residential & Day Lettings||**110,080**|**328**|**−**|**110,408**|
|Long Term Lettings Community||**5,660**|**−**||**5,660**|
|Development o f Services||**15,081**||**−**|**15,081**|
|||**134,932**|**328**|**5,816**|**141,076**|
|**Activity**|**Basis **|**o f allocation**||||
|Management|Floor space, staff time||& usage|||
|Support costs, included in the above, are as follows:||||||
||||Other|Residential|Long Term|
||||resources|& Day|Lettings|
||||expended|Lettings|Community|
|Wages|||**4,111**|**19,208**|**2,708**|
|Property & refurbishment|||−|**54,290**||
|Insurance||||**5,234**|**_**<br>**1,309**|
|Equipment costs||||**14,678**|**1,631**|
|Administration Costs|||−|**159**|**−**|
|Other Professional Fees|||−|**23**|**12**|
|Depreciation o f tangible assets|||−|**16,488**||
|Credit card charges|||−|**328**||
|Accountancy|||**5,816**|**−**||
||||**9,927**|**110,408**|**5,660**|
|||||**31.12.22**|31.12.21|
||||Development|||
||||of|Total|Total|
||||Services|activities|activities|
||||£|£|£|
|Wages|||**15,081**|**41,108**|**42,969**|
|Property & refurbishment|||−|**54,290**|**52,700**|
|Insurance|||−|**6,543**|**6,615**|
|Equipment costs|||−|**16,309**|**17,256**|
|Administration Costs|||−|**159**|**159**|
|Other Professional Fees|||−|**35**|**955**|
|Depreciation o f tangible assets|||−|**16,488**|**17,023**|
|Credit card charges|||−|**328**|**362**|
|Accountancy|||−|**5,816**|**9,234**|
||||**15,081**|**141,076**|**147,273**|





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|||**31.12.22**|31.12.21|
|---|---|---|---|
|Accountancy||**5,816**|9,234|
|Depreciation|−owned assets|**16,488**|17,023|



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|||**2022**|2021|
|---|---|---|---|
|Wages and Salaries||89,065|94,128|
|Social Security Costs||1,227|2,372|
|Pension||590|620|
|||**90,882**|97,120|
|No employee earned more than £60,000.||||
|The average number o f paid staff for the|year were:|||
|||**2022**|2021|
|Administration|Full Time|1|1|
||Part Time|1|1|
|Other|Full Time|1|1|
||Part Time|3|3|
|Total||6|6|





## 

|**11.**|**COMPARATIVES FOR THE STATEMENT **|**OF FINANCIAL **|**ACTIVITIES**|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|funds|funds|
||**INCOME AND ENDOWMENTS FROM**|||||
||Donations and legacies|74,173|||74,173|
||**Charitable activities**|||||
||Residential & Day Lettings|149,314|||149,314|
||Long Term Lettings Community|27,445|||27,445|
||Investment income|10|||10|
||**Total**|250,942|||250,942|
||**EXPENDITURE ON**|||||
||Raising funds|4,987|||4,987|
||**Charitable activities**|||||
||Residential & Day Lettings|177,608|||177,608|
||Long Term Lettings Community|6,040|||6,040|
||Catering Services|261|||261|
||Development o f Services|19,088|||19,088|
||Other|13,530|||13,530|
||**Total**|221,514|||221,514|
||**NET INCOME**|29,428|||29,428|
||**Transfers between funds**|(3,000)||3,000||
||**Net movement in funds**|26,428||3,000|29,428|
||**RECONCILIATION OF FUNDS**|||||
||Total funds brought forward|1,113,698|631|616,000|1,730,329|
||**TOTAL FUNDS CARRIED FORWARD**|1,140,126|631|619,000|1,759,757|





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|**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|
|||Fixtures||
||Freehold|and||
||property|fittings|Totals|
|**COST**||||
|At 1 January 2022|**1,494,523**|**410,363**|**1,904,886**|
|Additions||**43,806**|**43,806**|
|At 31 December 2022|**1,494,523**|**454,169**|**1,948,692**|
|**DEPRECIATION**||||
|At 1 January 2022||**243,199**|**243,199**|
|Charge for year||**16,488**|**16,488**|
|At 31 December 2022||**259,687**|**259,687**|
|**NET BOOK VALUE**||||
|At 31 December 2022|**1,494,523**|**194,482**|**1,689,005**|
|At 31 December 2021|1,494,523|167,164|1,661,687|
|Cost or valuation at 31 December 2022 is represented by:||||
||Land and|Fixtures &||
||Buildings|Fittings|Total|
|Valuation in 2004|898,798||898,798|
|Valuation in 2010|(100,000)||(100,000)|
|Cost|695,725|454,169|1,149,894|
||1,494,523|454,169|1,948,692|



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|**FIXED ASSET INVESTMENTS**||
|---|---|
||Listed|
||investments|
|**MARKET VALUE**||
|Additions|**50,000**|
|Revaluations|**276**|
|At 31 December 2022|**50,276**|
|**NET BOOK VALUE**||
|At 31 December 2022|**50,276**|
|At 31 December 2021||



|||**Listed**|
|---|---|---|
|||**investments**|
|Valuation in 2022||276|
|Cost||**50,000**|
|||**50,276**|
|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||**31.12.22**|31.12.21|
|Trade debtors|**5,726**|8,256|
|Due from Unrestricted Fund|**143**|143|
||**5,869**|8,399|





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|**15.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|---|
|||**31.12.22**|31.12.21|
||Other loans (see note 17)|**4,000**|4,000|
||Trade creditors|**2**|17,432|
||Social security and other taxes|**1,013**|1,384|
||Due to Restricted Fund|**172**|172|
||Accrued expenses|**7,423**|6,274|
|||**12,610**|29,262|
|**16.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**|||
|||**31.12.22**|31.12.21|
||Other loans (see note 17)|**4,980**|8,980|
|**17.**|**LOANS**|||
||An analysis o f the maturity o f loans is given below:|||
|||**31.12.22**|31.12.21|
||Amounts falling due within one year on demand:|||
||HDBF loan|**4,000**|4,000|
||Amounts falling between one and two years:|||
||I−IDBF loan −1−2 years|**4,000**|4,000|
||Amounts falling due between two and five years:|||
||HDBF loan −2:5 years|**980**|4,980|
|**18.**|**SECURED DEBTS**|||
||The following secured debts are included within creditors:|||
|||**31.12.22**|31.12.21|
||HDBF loan|**8,980**|12,980|





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|**MOVEMENT IN FUNDS**||||||
|---|---|---|---|---|---|
|||Net|Transfers|||
|||movement|between||At|
||At 1.1.22|in funds|funds||31.12.22|
||£|£|£||£|
|**Unrestricted funds**||||||
|General fund|**914,241**|**39,113**|**(4,000)**||**949,354**|
|Revaluation Reserve Fund|**225,885**||||**225,885**|
||**1,140,126**|**39,113**|**(4,000)**||**1,175,239**|
|**Restricted funds**||||||
|Restricted Fund (Phase 1)|**631**|**7**|||**638**|
|**Endowment funds**||||||
|Permanent Endowment Fund|**71,040**||**4,000**||**75,040**|
|Endowment Revaluation Reserve Fund|**547,960**||||**547,960**|
||**619,000**||**4,000**||**623,000**|
|**TOTAL FUNDS**|**1,759,757**|**39,120**|||**1,798,877**|
|Net movement in funds, included in the above are as follows:||||||
|||Incoming|Resources||Movement|
|||resources|expended|•|in funds|
|**Unrestricted funds**||||||
|General fund||**251,961**|**(212,848)**||**39,113**|
|**Restricted funds**||||||
|Restricted Fund (Phase 1)||7|||7|
|**TOTAL FUNDS**||**251,968**|**(212,848)**||**39,120**|





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|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.1.21|in funds|funds|31.12.21|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|887,813|29,428|(3,000)|914,241|
|Revaluation Reserve Fund|225,885|||225,885|
||1,113,698|29,428|(3,000)|1,140,126|
|**Restricted funds**|||||
|Restricted Fund (Phase 1)|631|||631|
|**Endowment funds**|||||
|Permanent Endowment Fund|68,040||3,000|71,040|
|Endowment Revaluation Reserve Fund|547,960|||547,960|
||616,000||3,000|619,000|
|**TOTAL FUNDS**|1,730,329|29,428||1,759,757|



||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|250,942|(221,514)|29,428|
|**TOTAL FUNDS**|250,942|(221,514)|29,428|





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|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.1.21|in funds|funds|31.12.22|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|887,813|68,541|(7,000)|949,354|
|Revaluation Reserve Fund|225,885|||225,885|
||1,113,698|68,541|(7,000)|1,175,239|
|**Restricted funds**|||||
|Restricted Fund (Phase 1)|631|7||638|
|**Endowment funds**|||||
|Permanent Endowment Fund|68,040||7,000|75,040|
|Endowment Revaluation Reserve Fund|547,960|||547,960|
||616,000||7,000|623,000|
|**TOTAL FUNDS**|1,730,329|68,548||1,798,877|



||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|502,903|(434,362)|68,541|
|**Restricted funds**||||
|Restricted Fund (Phase 1)|7||7|
|**TOTAL FUNDS**|502,910|(434,362)|68,548|



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|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**<br>**FOR THE YEAR ENDED 31 DECEMBER 2022**|||
|---|---|---|
||31.12.22|31.12.21|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Grants & Donations|**13,014**|74,173|
|**Investment income**|||
|CBF & Bank Interest|**60**|10|
|Other fixed asset invest −FII|**276**||
||**336**|10|
|**Charitable activities**|||
|Busy Bodies Nursery & Insteps Dance|**34,034**|25,301|
|Other Lettings|**22,817**|19,553|
|Day Letting|**31,871**|13,891|
|Strategic Health Board|**51,860**|55,696|
|Residential|**92,820**|58,508|
|Wedding Income|**586**|655|
|Car parking|**2,400**|2,900|
|Working space|**2,230**|255|
||**238,618**|176,759|
|**Total incoming resources**|**251,968**|250,942|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Wages|**2,164**|2,262|
|**Other trading activities**|||
|Bad debts|**2,183**|2,725|
|**Charitable activities**|||
|Wages|**46, 846**|51,354|
|Pensions|**590**|620|
|Marketing|**4,377**|2,935|
|Cost o f supplies|**15,416**|14,172|
|Loan interest|**196**|173|
||**67,425**|69,254|
|**Support costs**|||
|**Management**|||
|Wages|**41,108**|42,969|
|Property & refurbishment|**54,290**|52,700|
|Insurance|**6,543**|6,615|
|Carried forward|**101,941**|102,284|





## 

|**DETAILED STATEMENT OF FINANCIAL ACTIVITI**<br>**FOR THE YEAR ENDED 31 DECEMBER 2022**|**ES**||
|---|---|---|
||31.12.22|31.12.21|
|**Management**|||
|Brought forward|**101,941**|102,284|
|Equipment costs|**16,309**|17,256|
|Administration Costs|**159**|159|
|Other Professional Fees|**35**|955|
|Fixtures & fittings −dep'n|**16,488**|17,023|
||**134,932**|137,677|
|**Finance**|||
|Credit card charges|**328**|362|
|**Governance costs**|||
|Accountancy|**5,816**|9,234|
|Total resources expended|**212,848**|221,514|
|**Net income**|**39,120**|29,428|