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2022-11-30-accounts

Contents ofthe Financial Statements
for the ear ended 30November
2022
Page
Report ofthe Trustees 1 to 4
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 15

2022 2021
Unrestricted Total
fund funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 600 980
Charitable
activities
Provision ofhousing for the homeless 39,784 40,599
Investment
income		 21 106 18,060
Total 61,490 59,639
EXPENDITURE ON
Raising funds 5,209 7,259
Charitable
activities
Provision ofhousing for the homeless 1.4,520 3,712
Homeless prevention services 3,356 4,326
Other 1,500 1,440
Total 24,585 16,737
Net gains on investments 66,720
NET INCOME 36„905 109,622
RECONCILIATION OFFUNDS
Total funds brought
forward		 1,686,611 1,576,989
TOTAL FUNDS CARRIED FORWARD 1,723,516 1,686,611

Balance Sheet Balance Sheet
30November 2022
2022 2021
Unrestricted Total
Notes fimdf funds
FIXEDASSETS
Tangible assets 12 1,540 2,054
Investments
Investment
property		 13 580,000 580,000
Social investments 14 831535 831,539
1,413,079 1,413,593
CURRENT ASSETS
Debtors 1,872 819
Cash at bank 315,849 278,109
317„721 278,928
CREDITORS
Amounts
falling due within one year		 16 (7,284) (5,910)
NET CURRENT ASSETS 310437 273,018
TOTAL ASSETSLESSCURRENT
LIABILITIES 1,723,516 1,686,611
NET ASSETS 1,723,516 1,686,611
FUNDS
Unrestricted
funds		 1,723,516 1,686,611
TOTAL FUNDS 1,723,516 1,686,611

Notes to the Notes to the Financial Statements - continued
for the ear ended 30November 2022
3. DONATIONS
AND LEGACIES
2022 2021
Donations including
gift		 aid 600 980
4. INVESTMENT INCOME
2022 2021
Income from properties 20,578 18,035
Deposit account interest 528 25
21,106 18,060
5. INCOME FROM CHARITABLE ACTIVITIES
2022 2021
Activity
Income from properties Provision ofhousing for the homeless 39,784 40,599
6. RAISING FUNDS
Investment management costs
2022 2021
Rent, rates and service charge 1,934 1,619
Letting and management fees 2,754 1,858
Property
repairs		 521 3,782
5,209 7,259
7. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 8) Totals
Provision ofhousing for the homeless 14,006 514 14„520
Homeless prevention
services		 3,272 84 3,356
17,278 598 17,876

SUPPORT COSTS
Goveriiance
Management Finance costs Totals
Other resources
expended		 1,500 1,500
Provision ofhousing for the homeless 514 514
Homeless
prevention
services		 84 84
514 84 1,500 ~2098
Support costs, included in the above, are as follows:
2022 2021
Provision
of
Other housing Homeless
resources for the prevention Total Total
expended homeless services activities activities
Wages 669
Depreciation oftangible
and heritage assets 514 514 685
Bank charges 84 84 93
Accountancy and legal fees 1,500 1 500 1,440
1,500 514 2,098 2,887
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated atter charging/(crediting):
2022 2021
Depreciation -owned assets 514 685

11. COMPARATIVKS FOR THE STA TEMENT OFFINANCIAL AC TIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 980
Charitable
activities
Provision ofhousing for the homeless 40,599
Investment
income		 18,060
Total 59,639
EXPENDITURE ON
Raising funds 7,259
Charitable
activities
Provision ofhousing for the homeless 3,712
Homeless prevention services 4,326
Other 1,440
Total 16,737
Net gains on investments 66,720
NET INCOME 109,622
RECONCILIATION OFFUNDS
Total funds brought
forward		 1,576,989
TOTAL FUNDS CARRIED FORWARD 1,666,611
12. TANGIBLE FIXED ASSETS
Fixtures,
fittings
&equipment
COST
At 1 December 2021 and 30November 2022 5,209
DEPRECIATION
At 1 December 2021 3,155
Charge for year 514
At 30November
2022		 3,669
NKT BOOKVALUE
At 30November
2022		 1,540
At 30November
2021		 2,054

INVESTMENT PROPE RTY
FAIR VALUE
At 1 December 2021
and 30November
2022		 580,000
NET BOOK VALUE
At 30November
2022		 580,000
At 30November
2021		 580,000
Fair value at 30November 2022 is represented by:
Valuation
in 2012		 150,000
Valuation
in 2015		 70,000
Valuation
in 2021		 60,000
Cost 300000
580,000

Property
for
charitable
use
MARKET VALUE
At 1 December 2021 and 30November 2022 831,539
NET BOOK VALUE
At 30November 2022 1131539
At 30November 2021 831,539
Property
fol'
charitable
use
Valuation in 2012 82,209
Valuation in 2013 (15,815)
Valuation in 2017 27,199
Valuation in 2018 (2,800)
Valuation in 2019 (9,268)
Valuation in 2021 6,720
Cost 743,294
831,539

15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
Other debtors 1,312 312
Prepayments and accrued income 560 507
1,872 819
16. CREDITORS: AMOUNTS FALLING DUK %'ITHIN ONK YEAR
2022 2021
Other creditors 2,199 2,199
Accruals and deferred income 5,085 3,711
7,284 5,910

MOVEMEN T IN FUNDS
Net
At movement At
1.12.21 in funds 30.11.22
Unrestricted funds
General fund 1,686,611 36,905 1,723,516
TOTAL FUNDS 1,686,61 1 36,905 1,723,516
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fttnd 61,490 (24,585) 36,905
TOTAL FUNDS 61,490 ~24,585 36,905
Comparatives for movement in funds
Net
At movement At
1.12.20 in funds 30.11.21
Unrestricted funds
General fund 1,576,989 109,622 1,686,611
TOTAL FUNDS 1,576989 109,622 1,686,611

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 59,639 (16,737) 66,720 109,622
TOTAL FUNDS 59,639 ~16,737) 66,720 109,622
Net
At movement At
1.12.20 in funds 30.11.22
Unrestricted funds
General fund 1,576,989 146,527 1,723,516
TOTAL FUNDS 1,576,989 146,527 1,723,516
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 121,129 {41,322) 66,720 146,527
TOTAL FUNDS 121,129 ~41,322) 66,720 146,527