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