2022-12-31-accounts

					OLD BEN HOMES	OLD BEN HOMES	OLD BEN HOMES	OLD BEN HOMES	LIMITED	LIMITED
					(A company	limited		by		guarantee)
					ASSOCIATION		INFORMATION
Board					R. Tredwin (Chairman)				(C)
					T.Lunn (C) J.Buckley (N)
					J.Frumin (C)
					C. Fletcher (C)
					D. Holliday (N) (resigned					11 July 2022)
					I.Jones (N)
					D Blundell (N)	(resigned			20 July 2022)
					M. Williams (N) (resigned					13April 2022)
					A. Roberts (C) S.Pringle (C)
					A Hsrrigan (N) (appointed					13April 2022)
					(C)denotes a	Co-optative				Board Member
Registered		number			06789361
Registered		office			3The Old Hall
					Church Road
					Lilleshall
					Shropshire
					TF109JA
Accountants					WR Partners
					Chartered Accountants
					Belmont House
					Shrewsbury Business			Park
					Shrewsbury
					Shropshire
					SY26LG
Housing	Manager				Angels Farrant
Charity commission			registration
number					1127979
Homes 8 Communities				agency
registration		number			A1843

				2022	2021
			Note	5	6
Turnover				646,675	619,294
Operating costs				(632,598)	(590,737)
Gross profit				14,077	28,557
Other operating	income			8,003	9,237
Operating profit				22,080	37,794
Interest receivable		and similar income		5,992	5,905
Profit before tax				28,072	43,699
Tax on profit
Profit for the financial year				28,072	43,699

						2022		2021
				Note		E
Fixed assets
Housing properties	at	depreciated	cost	9		676,898		681,615
						676,898		681,615
Current assets
Debtors				10	17,637		13,430
Cash at bank and	in hand			11	548,585		551,028
					566,222		574,458
Creditors: amounts	falling due within one
year				12	(31,436)		(55,841)
Net current assets						534,787		518,517
Total assets less	current liabilities					1,211,685		1,200,232
Creditors: amounts	falling due after more
than one year				17		(369,294)		(385,913)
Capital and reserves
Permanent endowment		reserve				273,191		279,052
Accumulated fund						569,200		535,257
						842,391		814,319

		Capital
		redemption	Profit and
		reserve	loss account	Total equity
		6	6	6
At 1 January 2022		279,062	535,257	814,319
Comprehensive income for the year
Profit for the year			28,072	28,072
Other comprehensive	income for the year
Total comprehensive	income for the year		28,072	28,072
Transfer to/from profit	and loss account	(5,871)	5,871
Total transactions with owners		(5,871)	5,871
At 31 December 2022		273,191	569,200	842,391

		Capital
		redemption	Profit and
		reserve	loss account	Total equity
		F		5
At 1 January 2021		284,933	485,687	770,620
Comprehensive income for the year
Profit for the year			43,699	43,699
Other comprehensive	income for the year
Total comprehensive	income for the year		43,699	43,699
Transfer to/from profit	and loss account	(5,871)	5,871
Total transactions with owners		(5,871)	5,871
At 31 December 2021		279,062	535,257	814,319

			2022	2021
			K	5
Cash flows from operating	activities
Profit for the financial year			28,072	43,699
Adjustments for:
Depreciation oftangible assets			35,534	16,705
Government grants			(8,003)	(9,237)
Interest received			(5,992)	(5,905)
(Increase)/decrease in debtors			(4,207)	2,702
(Decrease)/increase in creditors			(41,025)	2337
Net cash generated from operating		activities	4,379	52,301
Cash flows from investing	activities
Purchase oftangible fixed assets			(30,817)	(11,851)
Government grants received			8,003	9,237
Interest received			5,992	5,905
Net cash from investing activities			(18,822)	3,291
Net (decrease)/increase in	cash and	cash equivalents	(12,443)	55,592
Cash and cash equivalents	at beginning ofyear		581,028	505,436
Cash and cash equivalents	at the end ofyear		548,585	561,028
Cash and cash equivalents	at the end ofyear comprise:
Cash at bank and in hand			548,585	561,028
			548,585	561,026

Social Housing Inc	ome and Exp	enditure
					2022 f.	2021 f
Weekly maintenance	contributions	receivable	excluding	service	417,893	402,310
Service charges receivable					220,360	207,334
Social housing operating costs					(630,036)	(577,895)
Operating surplus					8,217	31,749
Void losses					29,378	20,739

			2022f	2021f
Depreciation	oftangible	fixed assets:
- owned by	the Association		35,534	18,705
Accountancy	Fees		6,907	5,511
			42,441	25,215

Staff costs
	2022	2021
	6
Wages and salaries	175,333	155,581
Social security costs	26,854	23,734
Other pension costs	6,643	5,160
	208,830	155,775

2022	2021
No.	No.

				Internal
	Land 5		Furniture 8	fixtures and
	buildings	Fishing lake	equipment	fittings	Total
	6	8	8	E	6
Cost or valuation
At 1 January 2022	913,567	12,987	111,703	99,805	1,138,072
Additions			30,817		30,817
At 31 December 2022	913,567	12,997	142,520	99,805	1,168,889
Depreciation
At1 January2022	280,812		100,912	74,733	456,457
Charge for the year on owned
assets	13,351		10,966	11,217	35,534
At 31 December 2022	294,163		111,878	85,950	491,991
Net book value
At 31 December 2022	619,404	12,997	30,642	13,855	676,898
At 31December 2021	632,755	12,997	10,791	25,072	881,615

Debtors
		2022	2021
		E	8
Trade debtors		4,008	3,542
Prepayments	and accrued income	13,829	9,888
		17,637	13,430

						2022	2021
						E
Cash	at	bank	and	in	hand	548,585	561,028
						548,585	581,028

12.	Creditors: Amounts	falling due within one year
			2022	2021
			E	8
	Trade creditors		7,064	13,474
	Accruals and deferred	income	24,371	42387
			31,435	55,841

Reserves
					Permanent
					endowment	Accumulate
					fund	d fund
					K
At 1 January 2022					279,061	284,932
Surplus for the financial year
Transfer between	the Permanent	endowment	and Accumulated	funds	(5,871)	(5,871)
					273,190	279,061

Reconcil	iation	of	movement in members' funds
				2022	2021
					5
Opening	members'		funds	814,318	770,620
Surplus/(deficit)		for	the financial year	34,560	43,698
				848,878	814,318