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|`Directors`|`MarkHancock`|`(resigned16June2023)`|
|---|---|---|
||`JulianSmith`|`(resigned16June2023)`|
||`KatieBond`|`(resigned16June2023)`|
||`HughBullock`||
||`LisaDuckworth`||
||`TomFawcett`|`(appointed16June2023)`|
||`JamesMaloney`|`(appointed16June2023)`|
|`Secretary`|`HughBruce-Watt`||
|`RegisteredOffice`|`1LancasterPlace`||
||`Strand`||
||`London`||
||`WC2E7ED`||
|`Companyregistrationnumber`|`06455755`||
|`Charitynumber`|`1130880`||
|`Auditors`|`SafferyLLP`||
||`71QueenVictoriaStreet`||
||`London`||
||`EC4V4BE`||
|`Bankers`|`Coutts& Co`||
||`440Strand`||
||`London`||
||`WC2ROQS`||
|`Solicitors`|`TrowersandHamlins`||
||`3BunhillRow`||
||`London`||
||`EC1Y8YZ`||





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|`MarkHancock`|`(resigned16June2023)`|
|---|---|
|`JulianSmith`|`(resigned16June2023)`|
|`KatieBond`|`(resigned16June2023)`|
|`HughBullock`||
|`LisaDuckworth`||
|`TomFawcett`|`(appointed16June2023)`|
|`JamesMaloney`|`(appointed16June2023)`|



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||`Notes`|`2023`|`2022`|
|---|---|---|---|
|||`£`||
|`Incomefrom:`||||
|`Charitableactivities`|`3`|`573,320`|`1,088,965`|
|`Other`|`4`|`1,377`|`49`|
|`Totalincome`||`574,697`|`1,089,014`|
|`Expenditureon:`||||
|`Charitableactivities`|`5`|`110,366`|`114,673`|
|`Totalexpenditure`||`110,366`|`114,673`|
|`Othergainsandlosses`|`6`|`-`||
|`Netincomefortheyear`||`464,331`|`974,341`|
|`Netmovementinfunds`||`464,331`|`974,341`|
|`Totalfundsbroughtforward`|`11`|`6,654,901`|`5,680,560`|
|`Totalfundscarriedforward`|`11`|`7,119,232`|`6,654,901`|





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## 

||`Notes`|`2023`|`2022`|
|---|---|---|---|
|||`£`|`£`|
|`Fixedassets`||||
|`Tangibleassets`|`8`|`6,933,976`|`5,900,921`|
|`Currentassets`||||
|`Debtors`|`9`|`5,508`|`220,969`|
|`Cashatbank`||`213,618`|`594,415`|
|||`219,126`|`815,384`|
|`Currentliabilities`||||
|`Creditors`|`10`|`(33,870)`|`(61,404)`|
|`Netcurrentassets`||`185,256`|`753,980`|
|`Netassets`||`7,119,232`|`6,654,901`|
|`Reserves`||||
|`Unrestrictedfunds:`||||
|`GeneralFund`|`11`|`185,255`|`753,979`|
|`DesignatedFund`|`11`|`6,933,977`|`5,900,922`|
|`Netfunds`||`7,119,232`|`6,654,901`|




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||||`2023`||`2022`|
|---|---|---|---|---|---|
||`Notes`|`£`|`£`|`£`|`£`|
|`Net cashprovidedby/(usedin)`|`13`||`650,881`||`825,963`|
|`operatingactivities`||||||
|`Cashflowsfrominvestingactivities`||||||
|`Purchaseoftangibleassets`||`(870,898)`||`(702,932)`||
|`Capitalisedimprovements`||`(162,157)`||||
|`Interestreceived`||`1,377`||`49`||
|`Netcashusedininvesting`|||`(1,031,678)`||`(702,883)`|
|`activities`||||||
|`Net(decrease)/increaseincash`|||`(380,797)`||`123,080`|
|`Cashatthebeginningoftheyear`|||`594,415`||`471,335`|
|`Cashattheendoftheyear`|||`213,618`||`594,415`|
|`Cashcomprises:`||||||
|`Cashatbank`|||`213,618`||`594,415`|





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|`3.`|`Incomefromcharitableactivities`|`2023`|`2022`|
|---|---|---|---|
|||`£`|`£`|
||`DonationfromDuchyofLancaster`|`350,000`|`900,000`|
||`Rentreceivablefromaffordablehousing`|<br>`223,320`|<br>`188,965`|
|||<br>`573,320`|<br>`1,088,965`|
|`4.`|`Other`|`2023`|`2022`|
|||`£`|`£`|
||`Bankinterest`|<br>`1,377`|<br>`49`|
|||<br>`1,377`|<br>`49`|
|`5.`|`Charitableactivities`|`2023`|`2022`|
|||`£`|`£`|
||`Propertymaintenanceandrepairs`<br>`Propertymanagementfees`<br>`Otherlegalandprofessionalfees`|`58,045`<br>`23,544`<br>`6,416`|`67,673`<br>`22,708`<br>`4,420`|
||`Bankcharges`<br>`Auditfees`<br>`Insurancecosts`<br>`Badanddoubtfuldebts`|<br>`8,500`<br>`13,932`<br>`(71)`|<br>`5,528`<br>`13,884`<br>`460`|
|||<br>`110,366`|<br>`114,673`|
|`6.`|`Othergainsandlosses`|||
||`fixedassetinvestments`|`2023`|`2022`|
|||`£`|`£`|
||`Changesinthefairvalueofinvestmentproperties`|||





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|`angiblefixedassets`|||
|---|---|---|
||`Landand`||
||`Buildings`||
||`£`||
|`Cost`|||
|`At1 April2022`|`5,900,921`||
|`Additions`|`1,033,055`||
|`Revaluation`||`-`|
|`At31March2023`|`6,933,976`||



## 

||`Debtors`|||
|---|---|---|---|
|||`2023`|`2022`|
|||`£`|`£`|
||`Otherdebtors`|<br>`5,508`|<br>`220,969`|
|||<br>`5,508`|<br>`220,969`|
|`10.`|`Creditors`|||
|||`2023`|`2022`|
|||`£`|`£`|
||`Creditors`|<br>`33,870`|<br>`61,404`|
|||`33,870`<br> <br>|`61,404`<br> <br>|





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||||||`Investments`|`Transfers`|`Transfers`|`Asat31`|
|---|---|---|---|---|---|---|---|---|
||`Asat1 `|`Incoming`|<br>`Outgoing`||`Gains/`|`between`||`March`|
||`April2022`|`resources`|<br>`resources`||`(losses)`|`funds`||`2023`|
||`£`|`£`|<br>`£`||`£`||`£`|`£`|
|`Unrestricted`|||||||||
|`funds:`|||||||||
|`Generalfunds`<br>`753,979`||`574,697`|<br>`(110,366)`||`-`|`(1,033,055)`||`185,255`|
|`Designated`|||||||||
|`fund;`|||||||||
|`PropertyFund`<br>`5,900,922`|||`-`|`-`|`-`|`1,033,055`||`6,933,977`|
||<br>`6,654,901`<br>|<br>`574,697`<br>|<br> <br>`(110,366)`<br>|<br> <br>|<br>`-`<br>|<br>|<br>`-`<br>|<br>`7,119,232`<br>|
||`DesignatedfundscompriseofthePropertyFundwhichisthevalueoftherental`||||||`propertyheldby`||
||`thecharitytofulfilitsobjectsofprovisionofhousing,accommodation,assistanceto`|||||||`helphouse`|
||`peopleandassociatedfacilitiesandamenitiesforthoseinnecessitous`|||||`circumstances.`|||
|`12.`|`Relatedpartytransactions`||||||||
||`Duringtheyear,the`|`DukeofLancasterHousing`||`Trustreceiveda donationof£350,000`||||`fromthe`|
||`DuchyofLancaster(2022:£900,000).`||||||||
|`13.`|`Reconciliationofnet`|`income/(expenditure)to`||`netcashflowfromoperatingactivities`|||||
|||||||`2023`||`2022`|
|||||||`£`||`£`|
||`Netincome/(expenditure)forthereportingperiod`|||||`464,331`||`974,341`|
||`Adjustmentsfor:`||||||||
||`Interestreceived`|||||`(1,377)`||`(49)`|
||`(Increase)/decrease`|`indebtors`||||`215,461`||`(194,122)`|
||`Increase/(decrease)`|`increditors`|`withinoneyear`|||`(27,534)`||`45,793`|
||`(Gain)/lossoninvestmentproperty`|||||`-`||`-`|
||||||<br>|<br>`650,881`<br>|<br>|<br>`825,963`<br>|