2021-04-30-accounts

TRUSTEES	Ms C A Gould	(resigned 25.12021)
	Mr RRogers
	PJWest
	Mr Dr MH Cranston
	Ms SM Hannington
COMPANY SECRETARY	Map J Spicer
REGISTERED OFFICE	Bugle House
	53Bugle Street
	Southampton
	Hampshire
	SO142LF
REGISTERED COMPANY	07820865 (England and Wales)
NUMBER
REGISTERED CHARITY	1146415
NUMBER
RKGISTKD SOCIAL HOUSING	4875
NUMBER
AUDITORS	Hopper Williams & Bell Limited
	Statutory Auditor
	Highland House
	Mayflower Close
	Chandler's Ford
	Eastleigh
	Hampshire
	SO53 4AR
BANKERS	Barclays Bank pic
	1 Churchill Place
	London
	E145HP

			2021	2019
		Notes	fr000	f'000
TURNOVER
Donations and	legacies		103	85
Social housing	income		1,683	1447
Other income			28
Total			IJ114	1,354
EXPENDITURE ON
Operating expendhre			1469	830
OPERATING	SURPLUS		245
Interest payable		9	82	75
SURPLUS FORTHE PERIOD			163	449

REGISTERED COMPANY NUMBER - 07820865	REGISTERED COMPANY NUMBER - 07820865	2021	2019
		Total	Total
		funds	funds
	Notes	E'000	E'000
FIXEDASSETS
Housing properties	10	5,290	5/30
Tantp'bte fixed assets	11	2	1
CURRENT ASSETS
Debtors	12	889	1,141
Cash at bank and in hand		495	16
		I/84	1,157
CREDITORS
Amounts falling duc within onc year	13	(230)	(188)
NKT~ASSETS		5 254	969
TOTAL ASSETSLESSCURRENT
LIABILITIES		6,446	6300
CREDITORS
Amounts fallmg due afier more than one year	14	(25951)	(2,568)
NET ASSETS		~395	3732
FUNDS
Unrestricted fimds:
General fund		3,895	3,701
Restricted funds:
Rcstrictcd fund			31
TOTAL FUNDS		~395	3,732

			Unrestricted	Restricted
			general funds	Income fends	Total
			f'000	f'000	f'000
Balance	as	at 1 January 2020	3,701	31	39732
Surplus	for	the period	163		163
Transfers			31	(31)
Balance	at	30April 2021	3995		32195

	Unrestricted	Unrestricted	Restricted
	general	funds	Income funds	Total
		f,'000	f'000	f'000
Balance as at 1January 2019		3383		3,283
Surplus for the year		418		418
Great funding			31	31
Balance at 31December 2019		3 797	37	3 733

Descriptioa	Useful economic life (years)
Structure	100
Roofit	70
Kitchens	20
Bathrooms	30
Boilers	10-15
Central heating	30
Windows	30
Lift	20

OUSING	UNITS UNDER MANAGEMENT
		2021	2019
		No	No
Supported	housing	146	146

				Operating
			Operating	surplus/
		Turnover	costs	(deficit)
		2021	2021	2021
		89000	89000	8'000
Social housing	(note 5)	1,683	(1448)	135
Act(sides other than social housing
Grants and donations		103		103
Other income		28 1 14	(21) ~169	7

								Operating
					Turnover	Operating	costs	surplus
					2019		2019	2019
					f,'000		I'000	5'000
Social housing		(note 5)			1.247		(806)	441
Activities other			than social housing
Grants and donations					85			85
Other income					22		(24)	(2)
					1354	~830		524
PARTICULA		RS	OFINCOME AND EXPENDITURE FROM SOCIAL HOUSING				LETTINGS
							Social	Social
						housing		housing
							2021	2019
							8'000	I'000
Income
Rents net ofidentigable					service charges		785	639
Service charge		incomo					898	608
Turnover &um Social Housing lettings							1,683	1,247
Expenditure
Management							667	183
Service charge							141	96
Maintenance
Planned		maintenance					97	126
Routine	maintenance						66	45
Bad debts							69	63
Depreciation	on		Housing		properties:
Armual	charge						40	30
Other costs							468	263
Operating expenditure				on Social Housing
lettings								806
Void losses							21	24
Total expenditure			on Social
Housing lettings							1469	830
Operating surplus			on Social Housing
lettings							135

		2021	2019
		6'000	I'000
	Depreciation - owned assets	40	30
	Auditors' remuneration		5
7.	STAFF COSTS
		2021	2019
		6'000	I'000
	Wages and salaries Social~costs	269 22	219 17
	Other pension costs	10	7
		301	243

		Plant	and
		machinery		Total
		f'000		I'000
	COST
	At 1 January 2020		14	14
	Additions
	At 30April 2021		14	14
	DEPRECIATION
	At 1January 2020		13	13
	Charge for the period		(1)	(1)
	At 30April 2021		12	12
	NKT BOOKVALUE
	At 30April 2021
	At 31December 2019
12.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR
		2021		2019
		I'000		f'000
	Trade debtors	169		250
	Amounts owed by group undertakings	693		882
	Other debtors		I
	Prepayments and accrued income	26
				1,141
13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2021		2019
		I'000		f.'000
	Bank loans and overdraits (seenote 15)	160		135
	Trade creditors	32		23
	Other creditors		I
	Accruals and deferred income	37		30
				188

14.	CREDITORS: AMOUNTS FALLING DUK AFTER MORE THAN ONE YEAR
		2021	2019
		5'000	E'000
	Bank loans (see note 15)	~51	~2568
15.	LOANS
	An analysis ofthe maturity ofloans is given below:
		2021	2019
		f'000	E'000
	Amounts falling due withm one year on demand:
	Bank loans	160	135
	Amounts falling between one and two years: Bank loans - 1-2years	~51	159
	Amounts falling due betwccn two and ftvc years:
	Bank loans - 2-5 years		2,409
	During 2018 the charity took out a new long tenn loan. The full balance of52,870k	was drawn	down &om the
	loan facility.