2023-01-31-accounts

					Page
Legal and Administrative			Information
Report ofthe	Directors				4-8
Independent	Examiner's	Report
Statement of	the Financial		Activities		10
Comparative	Statement	ofthe Financial		Activities
Balance Sheet					12
Notes forming	part ofthe		Financial Statements		13-19

SOUTH WARWICKSHIRE	SOUTH WARWICKSHIRE	SOUTH WARWICKSHIRE	PLATO TR	UST
Legal and administrative			information
Registered		Numbers:
Charity				1126506
Company				06669076 (England			and	Wales)
Directors	and Trustees			P Law (Chairman)
				G Haseldine	(resigned			16'"May 2022)
				A Marsden
				G Yates
				M Markham	(appointed			27'"June 2022)
Company	Secretary			P Liggins
General' Manager				P Liggins
Registered		Office		172Emscote Road
				Warwick
				Warwickshire
				CV34 5QN
Independent		Examiner		Steven Mugglestone			FCA
				Michael Haiwood		&	Co
				Chartered Accountants
				Greville House
				10Jury Street
				Warwick
				Warwickshire
Bankers				Lloyds Bank	pic.
				The Parade
				Leamington	Spa
				Warwickshire
				NatWest Bank
				1 Market Place
				Nuneaton

			Unrestricted	Total	Total
		Notes	Funds	2023	2022
Income from:
Rent and Rent Allowance			364,124	364,124	359,157
Telephone Income			8	8	585
Council Tax re-imbursement					835
Interest Receivable			12	12	6
Donations received			1,000	1,000
Damages from resident			160	160	620
Compensation					50
Tenant appliance contributions			105	105
Insurance claim			5,120	5,120
Total Income			F370,529	F370,529	F361,253
Expenditure on:
Charitable Activities		4/5	308,858	308,858	288,738
Other Costs		6	4,002	4,002	3,822
Total Expenditure			6312,860	6312,860	F292,560
Net movement in funds			57,669	57,669	68,693
Reconciliation offunds:
Total funds brought	fonvard		1,120,451	1,120,451	1,051,758
Total funds carried forward		13	F1,178,120	F1,178,120	61,120,451

Incorporating the	Income and	Expenditure A	ccount)
			Unrestricted	Total	Total
		Notes	Funds	2022	2021
Income from:
Rent and Rent Allowance			359,157	359,157	350,078
Telephone Income			585	585	895
Council Tax re-imbursement			835	835	942
Interest Receivable			6	6	575
Donations received					4,330
Damages from resident			620	620
Compensation			50	50
Total Income			F361,253	F361,253	8356,820
Expenditure on:
Charitable Activities Other Costs		4/5 6	288,738 3,822	288,738 3,822	278,616 3,432
Total Expenditure			6292,560	8292,560	8282,048
Net movement in funds			68,693	68,693	74,772
Reconciliation offunds:
Total funds brought	forward		1,051,758	1,051,758	976,986
Total funds carried	forward	13	F1,120,451	F1,120,451	81,051,758

						Note	2023		2022
Fixed Assets
Tangible assets								1,163,913	1,013,750
Current Assets
Debtors: amount	falling due			within
one year							52,856		44,135
Cash at bank and		in	hand				46,799		157,696
							99,655		201,831
Creditors: amount		falling due within
one year						10	(30,922)		(23,220)
Net current assets								68,733	178,611
Total assets less		current		liabilities				1,232,646	1,192,361
Creditors: amount			falling	due	after			(54,526)	(71,910)
more than one year
Net Assets								61,178,120	61,120,451
Funds:
Unrestricted Funds						13		1,178,120	1,120,451
Total charity funds								61,178,120	61,120,451

No	tes to the Accou	nts		for the year	ended 31	"January 2023
						2023
						Unrestricted	Total	Total
						Funds	2023	2022
4.	DIRECT CHARITABLE			EXPENDITURE		E	E
	Staff salaries					76,155	76,155	72,951
	Pension					1,968	1,968	1,968
	Rent					75,260	75,260	79,295
	Rates					9,768	9,768	9,401
	Insurance					11,008	11,008	9,963
	Electricity Gas TV licences					21,979 12,046 3,776	21,979 12,046 3,776	19,933 9,126 4,109
	Heating and appliance			repairs		3,902	3,902	2,962
	Decorating					2,665	2,665	2,494
	Building repairs					12,925	12,925	10,541
	Telephone					393	393	2,926
	Cleaning					19,942	19,942	16,369
	Gardening					2,423	2,423	3,890
	Renewal of household		equipment			14,532	14,532	5,950
	Council tax					(278)	(278)	1,117
	Travel and expenses					4,320	4,320	3,728
	Legal and professional					3,640	3,640	7,216
	Loan arrangement	fees						1,270
	Loan interest					2,959	2,959	510
	Management charge					6,814	6,814	5,324
	Support costs (Note 5)					22,661	22,661	17,695
						F308,858	E308,858	E288,738
						2023
						Unrestricted	Total	Total
						Funds	2023	2022
5.	SUPPORT COSTS					E	E	E
	Bookkeeping services					6,020	6,020	4,896
	Office equipment	repairs and servicing				350	350	202
	Stationery and postage					951	951	1,256
	Bank charges					1,159	1,159	739
	Website maintenance		and computer		support	2,118	2,118	558
	Office rent/management			charge		5,598	5,598	6,426
	Office council tax					3,400	3,400
	Office telephone					2,578	2,578	2,980
	Sundry costs					487	487	638
						E22,661	E22,661	E'17,695

s tothe Accounts for	t	he year ended	31"Jan	u	ary	2023
OTHER COSTS								2023	2022
								6	F
Independent Examiner's Accountancy fees	fee							2,250 1,752	2,222 1,600
								F4,002	63,822
TANGIBLE ASSETS—INVESTMENT PROPERTIES
						2023		2023	2023
					Freehold		Leasehold		Total
Cost at 1"February 2022					6 330,000			6 683,750	1,013,750
Improvements to freehold		property			150,163				150,163
Cost at 31"January 2023					6480,163		6683,750		61,163,913
The valuations of the above properties have been considered by the Trustees at the year end and in their opinion, they still reflect a fair market value given their rental income and current use. They do not consider the cost of a professional valuation would form a useful purpose at this time, as there is no intention to sell the properties.
DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE				YEAR			2023	2022
								6	E
Rent receivable								21,035	18,486
Prepayments and accrued		income						11,416	13,708
Other debtors								20,405	11,941
								652,856	644,135
CASH AT BANK AND IN		HAND				2023
				Unrestricted				Total	Total
						Funds		2023	2022
						6		6	6
Lloyds Current account						33,709		33,709	144,620
NatWest Direct Reserve	account					140		140	139
Lloyds Business account						12,650		12,650	12,638
Cash in hand						300		300	300
					F46,799			Z48,799	F157,697

Not	es tothe Accounts for t	es tothe Accounts for t	es tothe Accounts for t	he year e	he year e	nded	31"January 2023
10.	CREDITORS: AMOUNTS			FALLING		DUE	WITHIN ONE YEAR		2023	2022
									6	6
	Trade creditors								1,319	2,601
	Bank loan								17,384	16,728
	Accrued expenses								11,323	3,891
	Other creditors								896
								630,922		623,220
11.	CREDITORS: AMOUNTS			FALLING		DUE	AFTER ONE YEAR		2023	2022
									6	6
	Bank loans							654,526		671,910
	Analysis of loans
	Not wholly repayable within five				years by instalments:
	Bank loans								71,910	88,638
									71,910	88,638
	included within current		liabilities					(17,384)		(16,728)
								654,526		F71,910
	Loan maturity analysis
	Debt due in one year or less								17,384	16,728
	In more than one	year	but	not more than two years					18,033	17,384
	In more than two years		but not more			than five years			36,493	54,526
								671,910		688,638
	Creditors falling due 871,910).This loan is		in more repayable		than one in 2026 at		year include secured a fixed rate of3.72%.	creditors	of F54,526 (2022:
12.	STAFF SALARIES								2023	2022
									6	6
	Salaries Social security								73,185 2,970	69,884 3,067
								576,155		F72,951
	Pension								F1,968	F1,968
	The number of full	and	part-time		employees		was as follows:
	Administration
	No employee received		emoluments over F60,000 in the year

13.	FUNDS
				Unrestricted
				Funds
				6
	Balance	at	1"February 2022	1,120,451
	Income	in year		370,529
	Expenditure		in year	(312,860)
	Balance	at	31"January 2023	E1,178,120
				Unrestricted
				Funds
				6
	Balance	at	1"February 2021	1,051,758
	Income	in year		361,253
	Expenditure		in year	(292,560)
	Balance	at	31"January 2022	F1,120,451
14.	ANALYSIS OF NET ASSETS BETWEEN FUNDS
				Unrestricted
				Funds
				2023
				8
	Fixed assets			1,163,913
	Cash and current assets			99,655
	Current	liabilities		(30,922)
	Long term		liability	(54,526)
				61,178,120
				Unrestricted
				Funds
				2022
				6
	Fixed assets			1,013,750
	Cash and current assets			201,831
	Current	liabilities		(23,220)
	Long term		liability	.(71,910)
				F1,120,451