OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

Page
Company
Information
Report ofthe Trustees (Including Directors' Report) 2 —3
Independent
Examiner's
Report
Statement
of Financial
Activities and
Income and Expenditure Account
Balance Sheet
Notes to the Financial Statements 7 —10

Trustees: Trustees: JA Gilmour
EJ Robinson
SJ Robinson
Secretary: SJ Robinson
PJ Gilmour * (Housing Manager)
Principal Office &Correspondence Address: Dale Farm
Worcester Lane
Sutton Coldfield
West Midlands
B755PR
Bankers: Barclays Bank
Leicester
LE872BB
Independent Examiner: Peter Saltiel
Church 8 Charity Accounts Service
Planchadeau
23460 Saint-Pierre-Bellevue
France
Registered Charity Number: 1096639(England 8 Wales)
Company Number: 4238548 (England &Wales)
employed and remunerated by Harvest Fields Homes

Other Total Total
Designated Unrestricted Unrestricted Unrestricted
Notes Funds Funds Funds Funds
2020
f
2019
f
Income:
Charitable activities:
Rent receivable 117,710 117,710 117,187
Interest receivable 9 9 15
117,719 117,719 117,202
Expenditure:
Charitable activities (63,987) (63,987) (92,587)
Net Income for the year 53,732 53,732 24,615
Transfers:
To maintenance fund 2&11
To sinking fund 2 &11
Net movement in funds 53,732 53,732 24,615
Total funds brought forward 396,619 199,148 595,767 571,152
Total funds carried forward 396,619 252,880 649,499 595,767

enditure
on
charitable
act
ivities
2020 2019
E
Interest payable 14,843 19,145
Depreciation oftangible assets 21,474 21,474
Property expenses 21,311 45,596
Governance —Independent Examiner 485 485
Governance —Companies House 13 13
Contribution towards salary paid by HFH 1,300 1,300
Bookkeeping & admin charge from SQCT 4,500 4,500
Bank charges 61 74
63,987 92,587

. Tangible Fixed Assets Freehold Furniture,
property carpets etc Total
Cost
At31"December 2019 2,128,520 27,075 2,155,595
Additions
in the year
At 31stDecember 2020 2,128,520 27,075 2,155,595
Depreciation
At 31stDecember 2019 280,732 25,534 306,266
Charge for the year 20,626 848 21,474
At 31stDecember 2020 301,358 26,382 327,740
Net Book Value
At 31stDecember 2020 1,827,162 693 1,827,855
At 31st December 2019 1,847,788 1,541 1,849,329
9. Debtors 2020 2019
Rental debtors 667 76
Prepayments 187 177
Other debtors 102
956 253
10. Creditors falling due within twelve months 2020 2019
Rents prepaid 2,861 1,533
Accruals 4,226 4,105
7,087 5,638

Utilisation
ofFunds
Maintenance Sinking Other Total
Fund Fund Unrestricted Fundsf
Opening
balance
295,905 100,714 199,148 595,767
Net incoming
resources
before transfers 53,732 53,732
Transfers
Closing balances 295,905 100,714 252,880 649,499
Represented
by:
Tangible fixed assets 1,493,064 100,714 234,077 1,827,855
Net current assets 18,803 18,803
Long term loans (1,197,159) (1,197,159)
295,905 100,714 252,880 649,499