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2024-12-31-accounts
|
ASSOCIATIONINFORMATION |
| Board |
R.Tredwin(Chairman)(C) |
|
T.Lunn(C) |
|
J.Buckley(N) |
|
J.Frumin(C) |
|
C.Fletcher(C) |
|
|
|
A.Roberts(C) |
|
S.Pringle(C) |
|
AHarrigan(N) |
|
(C)denotesaCo-optativeBoardMember |
| Registerednumber |
06789361 |
| Registeredoffice |
33TheOldHall |
|
ChurchRoad |
|
Lilleshall |
|
Shropshire |
|
TF109JA |
| Accountants |
WRPartners |
|
CharteredAccountants |
|
BelmontHouse |
|
ShrewsburyBusinessPark |
|
Shrewsbury |
|
Shropshire |
|
SY26LG |
| HousingManager |
AngelaFarrant |
| Charitycommissionregistration |
|
| number |
1127979 |
| Homes&Communitiesagency |
|
| registrationnumber |
A1843 |
9 September 2025
|
|
|
2024 |
2023 |
|
|
Note |
£ |
£ |
| Turnover |
|
|
674,309 |
662,117 |
| Costofsales |
|
|
(691,359) |
(664,398) |
| Grossloss |
|
|
(17,050) |
(2,281) |
| Otheroperatingincome |
|
|
8,872 |
8,676 |
| Operating(deficit) |
/surplus |
|
(8,178) |
6,338 |
| Interestreceivable |
andsimilarincome |
|
30,819 |
15,920 |
| Surplusbeforetax |
|
|
22,641 |
22,255 |
| Taxonsurplus/(deficit) |
|
|
- |
- |
| Surplusforthefinancialyear |
|
|
22,641 |
22,255 |
|
|
|
2024 |
|
|
|
Note |
|
|
|
|
| Fixedassets |
|
|
|
|
|
| Tangibleassets |
|
|
704,832 |
|
|
|
|
|
704,832 |
|
|
| Currentassets |
|
|
|
|
|
| Debtors:amountsfallingduewithinoneyear |
10 |
45,504 |
|
27,828 |
|
| Cashatbankandinhand |
11 |
553,750 |
|
531,210 |
|
|
|
599,254 |
|
559,038 |
|
Creditors:amountsfallingduewithinone
year |
12 |
(65,612) |
|
(30,789) |
|
| Netcurrentassets |
|
|
533,642 |
|
528,249 |
| Totalassetslesscurrentliabilities |
|
|
1,238,474 |
|
1,225,937 |
Creditors:amountsfallingdueaftermore
thanoneyear |
17 |
|
(351,187) |
|
(361,291) |
| Netassets |
|
|
887,287 |
|
864,646 |
| Capitalandreserves |
|
|
|
|
|
| Permanentendowmentreserve |
|
|
238,340 |
|
250,429 |
| Accumulatedfund |
|
|
648,947 |
|
614,217 |
|
|
|
887,287 |
|
864,646 |
|
2024
£ |
2023
£ |
| Cashflowsfromoperatingactivities |
|
|
| Profitforthefinancialyear |
22,641 |
22,255 |
| Adjustmentsfor: |
|
|
| Depreciationoftangibleassets |
40,982 |
28,977 |
| Governmentgrants |
(8,872) |
(8,616) |
| Interestreceived |
(30,819) |
(15,920) |
| (Increase)indebtors |
(17,676) |
(10,191) |
| Increase/(decrease)increditors |
24,042 |
(8,649) |
| Netcashgeneratedfromoperatingactivities |
30,298 |
7,856 |
| Cashflowsfrom investingactivities |
|
|
| Purchaseoftangiblefixedassets |
(48,126) |
(49,767) |
| Governmentgrantsreceived |
8,872 |
8,616 |
| Interestreceived |
30,819 |
15,920 |
| Netcashfrominvestingactivities |
(8,435) |
(25,231) |
| Netincrease/(decrease)incashandcashequivalents |
21,863 |
(17,375) |
| Cashandcashequivalentsatbeginningofyear |
531,210 |
548,585 |
| Cashandcashequivalentsattheendofyear |
553,073 |
531,210 |
| Cashandcashequivalentsattheendofyearcomprise: |
|
|
| Cashatbankandinhand |
553,750 |
531,210 |
| Bankoverdrafts |
(677) |
. |
|
553,073 |
531,210 |
| Landandfishinglake |
-non-depreciable |
| Structures |
-1%straightline |
| Roofs |
-1%straightline |
| Bathrooms |
-5%straightline |
| Kitchens |
-4%straightline |
| Windows |
-2.5%straightline |
| Heatingsystems |
-3.33%straightline |
| Electrics |
-3.33%straightline |
| Otherfixedassets |
-25%reducingbalance |
|
2024 |
2023 |
|
£ |
£ |
| Weeklymaintenancecontributionsreceivableexcludingservice |
437,178 |
441,529 |
| Servicechargesreceivable |
245,422 |
228,591 |
| Socialhousingoperatingcosts |
(690,778) |
(663,785) |
| Operatingsurplus/(deficit) |
(8,178) |
6,335 |
| Voidlosses |
60,967 |
31,358 |
|
2024 |
2023 |
|
£ |
£ |
| Depreciationoftangiblefixedassets: |
|
|
| -ownedbytheAssociation |
40,982 |
28,977 |
| AccountancyFees |
7,558 |
7,864 |
|
48,540 |
36,841 |
|
|
2024 |
2023 |
|
|
£ |
£ |
| Wages |
andsalaries |
227,364 |
216,988 |
| Social |
security costs |
15,655 |
15,086 |
| Other |
pensioncosts |
7,915 |
7,437 |
|
|
250,934 |
239,511 |
|
2024 |
2023 |
|
No. |
No. |
| Seaford |
3 |
2 |
| Lilleshall |
2 |
2 |
| Central |
2 |
2 |
|
7 |
6 |
|
|
Short-term |
|
|
|
|
Freehold |
leasehold |
Plantand |
Fixturesand |
|
|
property |
property |
machinery |
fittings |
Total |
|
£ |
£ |
£ |
£ |
£ |
| Costorvaluation |
|
|
|
|
|
| At1January2024 |
913,567 |
12,997 |
176,160 |
115,933 |
1,218,657 |
| Additions |
- |
- |
48,126 |
- |
48,126 |
| At31December2024 |
913,567 |
12,997 |
224,286 |
115,933 |
1,266,783 |
| Depreciation |
|
|
|
|
|
| At1January2024 |
306,229 |
- |
124,895 |
89,845 |
520,969 |
| Chargefortheyearonowned |
|
|
|
|
|
| assets |
12,089 |
- |
24,865 |
4,028 |
40,982 |
| At31December2024 |
318,318 |
- |
149,760 |
93,873 |
561,951 |
| Netbookvalue |
|
|
|
|
|
| At31December2024 |
595,249 |
12,997 |
74,526 |
22,060 |
704,832 |
| At31December2023 |
607,338 |
12,997 |
51,265 |
26,088 |
697,688 |
|
2024 |
2023 |
|
£ |
£ |
| Freehold |
595,249 |
607,339 |
| Shortleasehold |
12,997 |
12,997 |
|
608,246 |
620,336 |
|
2024
£ |
2023
£ |
| Tradedebtors |
4,997 |
7,348 |
| Prepaymentsandaccruedincome |
40,507 |
20,480 |
|
45,504 |
27,828 |
| Cashandcashequivalents |
|
|
|
2024
£ |
2023
£ |
| Cashatbankandinhand |
553,750 |
531,210 |
| Less:bankoverdrafts |
(677) |
- |
|
553,073 |
531,210 |
| Creditors:Amountsfallingduewithinoneyear |
|
|
|
2024
£ |
2023
£ |
| Bankoverdrafts |
677 |
: |
| Tradecreditors |
557 |
- |
| Othertaxationandsocialsecurity |
4,356 |
6,318 |
| Othercreditors |
12,148 |
: |
| Accrualsanddeferredincome |
47,874 |
24,471 |
|
65,612 |
30,789 |
|
Permanent |
|
|
endowment |
Accumulate |
|
fund |
dfund |
|
£ |
£ |
| At1January2022 |
250,429 |
614,217 |
| Surplusforthefinancialyear |
- |
34,789 |
| TransferbetweenthePermanentendowmentandAccumulatedfunds |
- |
- |
|
250,429 |
649,006 |
|
2024 |
2023 |
|
£ |
£ |
| Openingmembers'funds |
864,646 |
842,391 |
| Surplus/(deficit)forthefinancialyear |
22,641 |
22,255 |
|
887,287 |
864,646 |
|
|
2024 |
2023 |
|
|
£ |
£ |
| Accrualsanddeferred |
income |
351,187 |
361,291 |
|
|
351,187 |
361,291 |
|
At |
1 |
|
At31 |
|
January |
|
|
December |
|
2024 |
|
Cashflows |
2024 |
|
|
£ |
£ |
£ |
| Cashatbankandinhand |
526,330 |
|
27,420 |
553,750 |
| Bankoverdrafts |
- |
|
(677) |
(677) |
|
526,330 |
|
26,743 |
553,073 |