## ## ## ||||Page| |---|---|---|---| |Directors' report|||| |Accountants'
report|||| |Statement
ofcomprehensive||income|| |Balance sheet|||| |Statement ofchanges|in equity||| |Notes to the financial|statements||6-11| ## ## ## |The directors|present their annual|report and financial statements|report and financial statements|report and financial statements|report and financial statements|forthe year ended 31 March|forthe year ended 31 March|2022.|| |---|---|---|---|---|---|---|---|---|---| |Principal activities|||||||||| |The principal|activity ofthe company||continued|to be that ofa|rental charity.||||| |Directors|||||||||| |The directors|who held otfrce during||the year|and up to the|date ofsignature||ofthe frnancial|statements|were as| |follows:|||||||||| |Mrs P Basnett|||||||||| |Mrs S M Stanton||||(Resigned|25|October 2022)|||| |IVlrs KEEugeni|||||||||| |Mrs EWilkes|||||||||| |Mm P Crocker|||||||||| |lVlrs EVthlkes||||(Appointed|6 Octboer 2021)||||| ## ## ## ## ## |||2022|2021| |---|---|---|---| |Income||404,478|241,805| |Administrative
expenses
Other operating
income||(454,791)
70,367|(254,6071
22,550| |Operating
surplus||20,054|9,748| |Interest payable|and similar expenses|(906)|| |Amounts
written|olf investments|(1)|| |Surplus before|taxation|19,147|9,748| |Tax on surplus|||| |Surplus forthe|financial year|'i9,147|9,748| ## ## |||||||||||2022|||||2021||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Notes||||5||||||5||| |Fixed assets|||||||||||||||||| |Tangible assets|||||||||||39,761||||||38,800| |investments|||||||||||||||||1| ||||||||||||39,761||||||38,801| |Current assets|||||||||||||||||| |Debtors|||||||41,476||||||||39,693||| |Cash at bank and in hand|||||||119,163||||||||96,481||| ||||||||160,639|||||||136,174|||| |Creditors: amounts
falling due||||within|||||||||||||| |one year||||||7|(109,922)|||||||(103,114)|||| |Net current assets|||||||||||50,717||||||33,060| |Total assets less current|||liabilities||||||||90,478||||||71,861| |Creditors: amounts
falling due||||after|||||||||||||| |more than one year|||||||||||(41,137)|||||(41,667(|| |Net assets|||||||||||49,341||||||30,194| |Reserves|||||||||||||||||| |Income and expenditure||account|||||||||49,341||||||30,194| |Members'
funds|||||||||||49,341||||||30,194| |For the financial year ended 31 March 2022 the||||||company was||entitled to exemption||||from||audit under section|||477 of| |the Companies Act 2006||relating||to small companies.|||||||||||||| |The directors
acknowledge|||their responsibilities|||for complying||vrith||the requirements|||of|the|Companies|Act 2006|| |vrith respect to accounting|||records and the preparation||||offinancial||statements.||||||||| |The members
have not|required|||the company to||obtain an audit||of|its|financial|statements|||for|the year in|question
in|| |accordance with section|476.||||||||||||||||| |These iinancial
statements|||have|been prepared||in accordance||with the provisions||||applicable|||to companies||subject| |to the small companies|regime.||||||||||||||||| |The financial
statements||were approved|||by the|board|of directors||and authorised|||for|2
issue on ...........'...........w and||||| |are signed on its baht|by:||||||||||||||||| ## ## ## ## |||Income and| |---|---|---| |||expenditure| |Balance at 1April 2020||20,446| |Year ended 31March 2021:||| |Profrt and total comprehensive|income forthe year|9,748| |Balance at31March 2021||30,194| |Year ended 31March 2022:||| |Profit and total comprehensive|income forthe year|19,147| |Balance at31 March 2022||49,341| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |1|Accounting
policies|(Continued)|(Continued)|(Continued)| |---|---|---|---|---| ||Basicfinancial liabilities|||| ||Basic financfal
liabiTrlies,
including
creditors,
bank foans, loans from fellow|group companies
and preference||| ||shares
fhat are classriied
as debt, are
inifially
recognised
at transaction|price
unless
the arrangement||| ||constitutes a financing
transaction,
where the debt instrumerit
is measured|at the preserit value of|the future|| ||payments
discounted
ata market rate ofinterest. Financial
liabilities cfassmed as payable
within one year|||are| ||not amorfised|||| ||Debt instruments
are subsequenffy
carried at amortised
cost, using the effective interest rate method.|||| ||Trade creditors are obligations
to pay for goods or services that have been acquired
in the ordinary||course of|| ||business
from suppliers. Amounts
payable are cfassffied as current
ffabiTfffes ifpayment
is due within
or fess.
If not,
they
are presented
as no~nt
liabfÃes.
Trade
creditors
are recognised||one year
inrfiafly
at|| ||transaction
price and subsequently
measured
at amortised
cost using the effecfive interert method.|||| |1.8|Taxatl
on|||| ||The company is exempt from corporation
tax, it being a company
not carrying
on a business
for the||purposes|| ||ofmaking a profit.|||| |1.9|Employee benefits|||| ||The costs of short-term
employee
benefits are recognised
as a liability
and|an expense,
unless those costs||| ||are required
to be recognised as part ofthe cost ofstock orfixed assets.|||| ||The cost of any unused
holiday entitlement
is recognised
in the period
in which the employee's
services|||are| ||received.|||| ||Termination
benefits
are
recognised
immediately
as
.an
expense
when|the
company
is
demonstrably||| ||committed
to terminate
the employment
ofan employee orto provide termination
benefits.|||| |1.10|Refirement
benefits|||| ||Payments
to defined
contribution
retirement
benefit schemes are charged as|an expense as they fafl|due|| |1.11|Government
grants|||| ||Government
grants
are recognised
at the fair value
of the asset received
or receivable
when||there|is| ||reasonable
assurance
that the grant conditions
vn1I be met and the grants
wfil|be received.||| ||A grant that specifies performance
conditions
is recognised
in income when|the performance
conditions||are| ||met.
Where a grant does not specify performance
conditions
it is recognised
in income when the||proceeds|| ||are received or receivable. A grant received
before the recognition
criteria|are satisfied
is recognfsed as a||| ||liabiTrty.|||| |1.12|Foreign exchange|||| ||Transactions
in currencies
other than pounds
steriing are recorded at the rates of exchange
prevailing
at|||the| ||dates ofthe transactions.
At each reporting
end date, monetary assets and|liabilities that are denominated||in| ||foreign currencies are retranslated
at the rates prevaiTing
on the reporting
end date. Gains and losses arising|||| ||on translation
in the period are included
in profit or loss.|||| ## ## ## ## ||averag|monthly|number ofpersons
(inc|luding
directors) employed|by the company
during the|year was:| |---|---|---|---|---|---|---| ||||||2022|2021| ||||||Number|Number| ||Total|||||| |4|Tangible fixed assets|||||| ||Cost|||||| ||At 1 Apnl 2021
Additions|||||80,710
23,099| ||At 31 IVlarch|2022||||103,809| ||Depreciation|and impairment||||| ||At 1April 2021
Depreciabon
charged||in the year|||41,910
22,138| ||At 31March|2022||||| ||Carrying
amount|||||| ||At 31 March|2022||||39,761| ||At 31 Mlarch|2021||||38,800| |||undertakings||||| |8|Fixed asset|investments||||| ||||||2022|2021| |||||||8| ||Shares in group||an participating|interests||| ## ## ## |5|Fixed asset investments| |---|---| ||Movements
in fixed asset investments| ||April| ||Cost orvaluafion| ||At 1
202 831 March 2022| ||Impairment| ||At 1 April 2021| ||Disposals| ||At 31 March 2022| ||Carrying
amount| ||At 31 March 2022| ||At 31 March 2021| |v|||(Continuedj| |---|---|---|---| |Movements
in fixed|asset investments||| |April|||Shares in| ||||subsidiaries| |Cost orvaluafion|||5| |At 1
202 831|March 2022||| |Impairment|||| |At 1 April 2021|||| |Disposals|||| |At 31 March 2022|||| |Carrying
amount|||| |At 31 March 2022|||| |At 31 March 2021|||| |Debtom|||| |||2022|2021| |Amounts
failing due within one year:|||| |Senrice charges due||13,200|29,232| |Other debtors||28,276|10,46'l| |||41,476|39,693| |Creditors: amounts|falling due within one year||| |||2022|2021| |||9|| |Bank loans||5,112|8,333| |Trade creditors||41,946|46,078| |Taxation and social security||1,979|1,845| |Deferred 'rncome||'16,500|3'l,491| |Other crecritors||32,809|8,816| |Accruals and deferred|income|11,576|6,551| |||109,922|103,114| |Creditors: amounts|falling due after more than one year||| |||2022|2021| |Bank loans and overdrafts||41,137|41,667| ## |8|Creditors: amounts
falling due after more than one year
Bank loans and overdrafts| |---|---| ## ## ## ## ## ## ## ||||2022
f||2021
f|| |---|---|---|---|---|---|---| |Income||||||| |Rental income||||246,106||226,920| |Sundry income||||56,479||14,885| |Donations
received||||101,893||| |||||404,478||241,805| |Other operating
Income||||||| |Government
grants receivable and released||||70,367||22,550| |Adminisbative
expenses||||||| |Wages and salaries|||166,512||100,336|| |Social security costs|||7,804||4,037|| |Stalf pension costs defined contnbution|||3,685||5,785|| |Management
charge|||76,770||5,808|| |Rates and water|||6,301||5464|| |Cleaning|||6,016||1,737|| |Power,
light and heat|||57456||47,992|| |Repairs and renewals|||35,673||29,062|| |Premises
insurance|||(2,348)||3,052|| |Hire ofequipment
(not|operafing|lease)|13,513||2,190|| |Legal and professional|fees||8,555||2,937|| |Accountancy|||2,439||3416|| |Other donadons|||16,093||500|| |Bank charges|||460||189|| |Intercompany
bad and|doubttul|debts|17289|||| |Printing
and stationery|||1782||2,058|| |Telecommunications
Sundry~es|||5,797
9,556||3,485
20~7|| |DepreciaBon|||22,138||16,732|| |||||(454,791)||(254,607)| |Operating
surplus||||20,054||9,748| |Interest payable and|similar expenses|||||| |Bank interest on loans|and overdrafts|||(906)||| |Other gains and losses||||||| |Amounts
written oifInvestments||||||| |Surplus before taxation|||4 73o/o|19 147|4 03o/o|9,748|