2022-09-30-accounts

		Page
Report of the Trustees	1	to	2
Statement of Trustees Responsibilities		3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet	6	to	7
Notes to the Financial Statements	8	to	13

		30.9.22	30.9.21
		Unrestricted	Total
		funds	funds
	Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
Property Rental Income		150,112	140,403
Other income			3,824
Investment income	3	9	11
Total		150,121	144,238
EXPENDITURE ON
Charitable activities	3
Expenses and Governance costs		177,615	169,654
NET INCOME/(EXPENDITURE)		(27,494)	(25,416)
RECONCILIATION OF FUNDS
Total funds brought forward		638,489	663,905
TOTAL FUNDS CARRIED FORWARD		610,995	638,489

		Balance Sheet
	**30 **	September 2022
			30.9.22	30.9.21
			Unrestricted	Total
			funds	funds
	Notes
FIXED ASSETS
Tangible assets	7		1,144,645	1,175,915
CURRENT ASSETS
Debtors	8		16,704	14,455
Cash at bank			48.592	94.755
			65,296	109,210
CREDITORS
Amounts falling due within one year	9		(61,185)	(59,986)
NET CURRENT ASSETS			4.111	49.224
TOTAL ASSETS LESS CURRENT
LIABILITIES			1,148,756	1,225,139
CREDITORS
Amounts falling due after more than one year	10		(537,761)	(586,650)
NET ASSETS			610,995	638,489
FUNDS	13
Unrestricted funds			610.995	638.489
TOTAL FUNDS			610,995	638,489

INVESTMENT INCOME
	30.9.22	30.9.21
Deposit account interest	9	11
CHARITABLE ACTIVITIES
	30.9.22	30.9.21
Wages	71,350	56,429
Social security	6,352	1,365
Pensions	966	−
Other operating leases		145
Rates and water	7,719	12,757
Insurance	4,225	3,442
Services to tenants	11,212	4,097
Telephone	239	295
Repairs and maintenance	9,946	22,071
Bank charges	366	330
Sundries	920	4,855
Freehold property depreciation	18,168	18,168
Long leasehold depreciation	13,102	13,102
Bank loan interest	23,799	24,978
	168,364	162,034

Governance costs
Accountancy fees	4,692	5,028
Legal fees	4 559	2 592
	9,251	7,620
Total resources expended	177.615	169.654

	30.9.22	30.9.21
Depreciation −owned assets	31,270	31,270
Other operating leases		145

STAFF COSTS
	30.9.22	30.9.21
Wages and salaries	71,350	56,429
Social security costs	6,352	1,365
Other pension costs	966
	78,668	57,794
The average monthly number o f employees during the year was as follows:
	30.9.22	30.9.21
Property rental	2	2

TANGIBLE FIXED ASSETS
			Fixtures
	Freehold	Long	and
	property	leasehold	fittings	Totals
COST
At 1 October 2021 and 30 September 2022	908,394	655,086	2,403	1,565,883
DEPRECIATION
At 1 October 2021	233,967	153,599	2,402	389,968
Charge for year	18,168	13,102		31,270
At 30 September 2022	252.135	166,701	2,402	421,238
NET BOOK VALUE
At 30 September 2022	656,259	488,385	1	1,144,645
At 30 September 2021	674,427	501,487	1	1,175,915

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		30.9.22	30.9.21
	Trade debtors	15,205	11,876
	Amounts owed by group undertakings	1,127	1,127
	Prepayments and accrued income	372	1,452
		16,704	14,455
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		30.9.22	30.9.21
	Bank loans and overdrafts (see note 11)	47,432	47,601
	Trade creditors	5,639	7,614
	Social security and other taxes	1,948	866
	Other creditors	1,966
	Accruals and deferred income	4,200	3,905
		61,185	59,986
10.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		30.9.22	30.9.21
	Bank loans (see note 11)	537,761	586,650
11.	LOANS
	An analysis o f the maturity o f loans is given below:
		30.9.22	30.9.21
	Amounts falling due within one year on demand:
	Bank loans	47,432	47,601
	Amounts falling between two and five years:
	Bank loans	210,835	210,496
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans more 5 yr by instal	326,926	376,154

		30.9.22	30.9.21
Within one year			4,080
MOVEMENT IN FUNDS
		Net
	At	movement	At
	1.10.21	in funds	30.9.22
Unrestricted funds
General fund	266,312	(15,227)	251,085
Revaluation reserve	372,177	(12,267)	359,910
	638,489	(27,494)	610,995
TOTAL FUNDS	,638,489	(27,499	610,995