2022-03-31-accounts

				Page
Trustees' report				1-4
Statement of	trustees'	responsibilities
independent	auditor's	report		6-8
Consolidated	statement offinancial		activities
Consolidated	balance	sheet		10
Statement of	cash flows
Notes to the	financial	statements		12-21

			Unrestricted	Unrestricted	Total	Total
			funds	funds	2022	2021
		Notes	general 8	designated f
Income and endowments	from:
Charitable activities			793,047	80,000	873,047	931,935
Investments			28,456		28,456	22,804
Other income			336,343		336,343	53,598
Total income and endowments			1,157,846	80,000	1,237,846	1,008,337
Expenditure on:
Raising funds			15,400		15,400	11,753
Charitable activities		7	872,181	127,435	999,616	821,013
Total resources expended			887,581	127,435	1,015,016	832,766
Net gains/(loss) on investments		10	(182)		(182)	173,851
Net movement in funds			270,083	(47,435)	222,648	349,422
Fund balances at 1 April 2021			1,338,644	5,389,800	6,728,444	6,379,022
Fund balances at 31 March 2022			1,608,727	5,342,365	6,951,092	6,728,444

				2022		202'I
			Notes	6		8
Fixed assets
Tangible assets			12		4,212,877		4,340,311
Investments			13		1,776,081		952,301
					5,988,958		5,292,612
Current assets
Debtors			15	491,189		883,174
Cash at bank and	in	hand		712,992		1,137,048
				1,204,181		2,020,222
Creditors: amounts		falling dus within
one year			16	(242,047)		(584,390)
Net current assets					962,134		1,435,832
Total assets less	current liabilities				6,951,092		6,728,444
Income funds
Unrestricted funds	-	designated			5,342,365		5,389,800
Unrestricted funds	-	general
					1,608,727		1,338,644
					6,951,092		6,728,444

				2022		2021
			Notes	E		E
Cash flows from operating	activities
Cash generated from operations			21		360,506		236,625
Investing activities
Proceeds from disposal of invsstmsnts				4,459		11,755
Purchase of investments				(789,021)
Bank interest received						195
Net cash (used In)/generated		from
Investing activities					(784,562)		11,950
Net cash used in financing	activities
Net (decrease)/Increase in	cash and		cash
equivalents					(424,056)		248,575
Cash and cash equivalents	at beginning		ofyear		1,137,048		888,473
Cash and cash equivalents	at	end of	year		712,992		1,137,048

2	Accounting policies						(Continued)	(Continued)	(Continued)
2.4	Income
	Income is recognised when the charity		is legally entitled to it after	any performance		conditions	have been	met,
	the amounts can be measured	reliably,	and it is probable that income will be received.
	Cash donations are recognised	on receipt. Other donations are recognised once				the charity has been notified
	of the donation, unless performance		conditions require deferral	of the amount.		Income tax recoverable			in
	relation to donations received	under GiR Aid or deeds ofcovenant		is recognised	at the time ofthe donation.
	Legacies are recognised on receipt or		otherwiss if the charity has been notified		of an impending distribution,
	the amount is known, and receipt is		expected. If the amount	is not known,		the legacy	is treated	as a
	contingent asset.
	Income relating to rental income is measured at the fair value of			ths consideration		received or receivable			and
	represents amounts receivable	for rents and service charges provided in ths normal course of business,							and
	invoiced quarterly.
2.5	Expenditure
	Expenditure is accounted for	on an accruals basis and has been included under expense					categories		that
	aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities
	they have been allocated on a	basis consistent with the use ofthe		resources.
	Support costs are those costs	incurred	directly in support ofexpenditure on the objects of the charity.
2.6	Tangible fixed assets
	Tangible fixed assets are initially measured at cost and subsequently measured					at cost, net	of depredation
	and any impairment losses.
	Depreciation is recognised so	as to writs off the cost ofassets less their residual				values over their useful		lives
	on the following bases:
	Freehold buildings		2% Straight Line
	Long term leasehold land and	buildings	2% Straight Line
	Fixtures, fittings &equipment		25% Straight Line
	Motor vehides		33%Straight Line
	The gain or loss arising on the	disposal	ofan asset is determined	as the difference		between the sale proceeds
	and the carrying value ofthe asset, and is recognised in the statement offinancial					activities.
2.7	Fixed asset investments
	Fixed asset investments are	initially	measured at transaction	price excluding		transaction	costs, and		are
	subsequently measured at fair value		at each reporting date. Changes in fair			value are recognised in			net
	income/(expenditure) for the year. Transaction costs are expensed			as incurred.
2.8	Impairment offixed assets
	At each reporting end date,	the charity reviews the carrying amounts of its			tangible assets to determine
	whether there is any indication that those assets have suffered			an impairment		loss. If any	such indication
	exists, the recoverable amount of the		asset is estimated in order to determine		the extent of the impairment
	loss (ifany).

			Rental,	Rental, service charge
			service	and other income
			charge and
			other
			Income
			2022	2021
			f	f.
Rental,	service charge and other income		873,047	931,935
Analysis	by	fund
Unrestricted		funds - general	793,047	851,935
Unrestricted		funds - designated	80,000	80,000
			873,047	931,935

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2022f	2021f
Income	from listed investments	22,117	17,415
Interest	receivable	6,339	5,389
		28,456	22,804

5	Other Income	Other Income	Other Income
									Unrestricted	Unrestricted
									funds	funds
									general	general
									2022f	2021f
	Net gain on		disposal		of	programme	related investments		10,943	4,680
	Furlough	support							23,689	48,918
	Write offof		rentals	received no longer deemed				repayable	301,711
									336,343	53,598
6	Raising funds
									Unrestricted	Unrestricted
									funds	funds
									general	general
									2022f	2021f
	investment		management			fees			15,400	11,753
									15,400	11,753
7	Charitable		activities
									Community	Community
									programme	programme
									2022	2021
									f	F
	Depreciation		and	impairment					127,435	127,934
	Community		programme						442,647	289,374
									570,082	417,308
	Share of support costs					(see note 11)			334,740	305,154
	Share ofgovernance				costs (see nots 11)				94,794	98,551
									999,616	821,013
	Analysis	by fund
	Unrestricted		funds	-	general				872,181	693,079
	Unrestricted		funds	-	designated				127,435	127,934
									999,616	821,013

						2022	2021
						Number	Number
	Support work
	Employment costs					2022	2021
						8	K
	Wages and salaries					292,089	283,827
	Social security costs					18,833	18,383
	Other pension costs					3,396	4,229
						314,318	306,439
	The number ofemployees		whose annual	remuneration	was more than 860,000
	is as follows:
						2022	2021
						Number	Number
	680,001 - 690,000
10	Net gains/(losses)	on investments

Net gains/(l	oss	es) on investments
			Unrestricted	Unrestricted
			funds	funds
			general	general
			2022	2021
			6	6
Revaluation	of	investments	(182)	173,851

Support	costs
		Support	Governance	2022Support costs		Governance	2021
		costs	costs			costs
		E	f	E	f	E
Staff costs		226,124	88,194	314,318	220,664	85,775	306,439
Office and	other costs	108,616		108,616	84,490		84,490
Audit fees			6,600	6,600		12,776	12,776
		334,740	94,794	429,534	305,154	98,551	403,705
Analysed	between
Charitable	activities	334,740	94,794	429,534	305,154	98,551	403,705

Tangible fix	ed assets
			Freehold buildings	Long term leasehold land			Fixtures, fittings 8	Motor vehicles	Total
			f	and		bugdlngs f	equipment E	E
Cost
At 1 April 2021			14,031,770			60,000	1,184,044	5,505	15,281,319
At 31 March	2022		14,031,770			60,000	1,184,044	5,505	15,281,319
Depreciation	and Impairment
At 1 April 2021			9,730,799			21,600	1,183,103	5,505	10,941,007
Depreciation	charged	in the year	125,332			1,200	903		127,435
At 31 March	2022		9,856,131			22,800	1,184,006	5,505	11,068,442
Carrying amount
At 31 March	2022		4,175,639			37,200	38		4,212,877
At 31 March	2021		4,300,970			38,400	941		4,340,311
The carrying	value of	land included	in land and buildings		comprises:
								2022f	2021 f
Freehold								400,600	400,600

Fixed asset investments
	Listed	Investments		Total
	Investments f	In subsidiary
Cost or valuation
At 1 April 2021	952,300			952,301
Additions	789,021			789,021
Other movements	34,759			34,759
At 31 March 2022	1,776,080			1,776,081
Carrying amount
At 31 March 2022	1,776,080		1	1,776,081
At 31 March 2021	952,300		1	952,301

14	Financial instruments			2022	2021
				E	E
	Carrying amount of	financial assets
	Instruments measured	at fair value through	profit or loss	1,776,080	952,300
15	Debtors
				2022	2021
	Amounts falling due	within one year:		E	E
	Trade debtors			99,927	382,532
	Other debtors			312,719	362,309
	Prepayments and accrued income			78,543	138,333
				491,189	883,174
16	Creditors: amounts	falling due within one year
				2022	2021
				E	E
	Other taxation and social security			125	153
	Trade creditors			63,060	85,427
	Other creditors			17,964	301,711
	Accruals and deferred	income		160,898	197,099
				242,047	584,390

Analysis of	net assets	between funds
		Unrestricted	Designated	Total	Unrestricted	Designated	Total
		funds	Funds		funds	Funds
		2022	2022	2022	2021	2021	2021
		E	E	E	E	f	E
Fund balances at 31
March 2022	are
represented	by:
Tangible assets			4,212,877	4,212,877		4,340,311	4,340,311
Investments		1,776,081		1,776,081	952,301		952,301
Current assets/(liabilities)		(167,354)	1,129,488	962,134	386,343	1,049,489	1,435,832
		1,608,727	5,342,365	6,951,092	1,338,644	5,389,800	6,728,444

			ll/lovement	ll/lovement	ll/lovement	ll/lovement	ll/lovement	in	funds	funds			Movement	in funds
		Balance at		Incoming				Resources				Balance at	Incoming	Resources		Balance at
		1 April 2020	resources						expended			1 Aprg 2021	resources	expended	31	March 2022
		E					E				E	E	E	E		E
	Fixed Assets
	Fund	4,464,633							(127,934)			4,336,699		(127,435)		4,209,264
	Homebuy
	Fund	420,901										420,901				420,901
	Future Repair
	and
	Replacement
	Fund	552,200			80,000							632,200	80,000			712,200
		5,437,734			80,000				(127,934)			5,389,800	80,000	(127,435)		5,342,365
19	Related party transactions
	There were no disdosable related				party		transactions				during	the year (2021 - none).
	Remuneration	ofkey management				personnel
	The remuneration	of key management					personnel			is as follows.
														2022		2021
														E		E
	Aggregate compensation													88,194		85,557
20	Analysis ofchanges in net funds
	Ths charity had	no debt during	the		year.
21	Cash generated	from operations												2022		2021
														E		E
	Surplus for the year													222,648		349,422
	Adjustments for:
	Investment income recognised		in	profit			or	loss						(28,457)		(22,612)
	Gain on disposal	of investments												(10,943)		(4,680)
	Fair value losses/(gains) on investments													182		(173,851)
	Depreciation and impairment		oftangible				fixed		assets					127,435		127,934
	Movemsnts in working capital:
	Decrease/(increase) in debtors													391,984		(64,670)
	(Decrease)/increase in creditors													(342,343)		25,802
	Cash generated	from operations												360,506		236,625