2022-04-05-accounts - The Sutton Turner Houses

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		Page
Report ofthe Trustees		1to4
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		7 to 8
Notes tothe Financial Statements		9 to 15
Detailed Statement ofFinancial Activities		16 to 17

			for the	Year	Ended 5April	2022
							2022	2021
					Unrestricted	Restricted	Total	Total
				Notes	funds f	funds E	funds	funds
INCOME AND ENDOWMENTS			FROM
Charitable activities
Provision ofaccommodation		to	people
of limited financial means	&elderly
people ofthe City of Derby
					142,546		142,546	137,237
Investment income				2	4,329		4,329	3,065
Total					146,875		146,875	140,322
EXPENDITURE ON
Raising funds								(7,207)
Charitable activities
Provision ofaccommodation		to	people
of limited financial means &elderly
people ofthe City of Derby
					170,472		170,472	112,654
Raising funds					5,336		5,336	4,828
Other					54,853		54,853	51,507
Total					230,661		230,661	161,782
Net gains on investments					17,853		17,853	77,490
NET INCOME/(EXPENDITURE)					(65,933)		(65,933)	56,030
RECONCILIATION OF FUNDS
Total funds brought forward					1,540,254		1,540,254	1,484,224
TOTAL FUNDS CARRIED	FORWARD				1,474,321		1,474,321	1,540,254

	5	April 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes		E	8	f
FIXEDASSETS
Tangible assets	8	1,084,184		1,084,184	1,115,079
Investments	9	343,503		343,503	333,143
		1,427,687		1,427,687	1,448,222
CURRENTASSETS
Prepayments and accrued income		6,902		6,902	5,587
Cash at bank and in hand		48,213		48,213	89,722
		55,115		55,115	95,309
CREDITORS
Amounts falling due within one year	10	(8,481)		(8,481)	(3,277)
NET CURRENT ASSETS		46,634		46,634	92,032
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,474,321		1,474,321	1,540,254
NET ASSETS		1,474,321		1,474,321	1,540,254
FUNDS
Unrestricted funds				1,474,321	1,540,254
TOTAL FUNDS				1,474,321	1,540,254

INVESTME	NT INCOME
			2022	2021
			6
Investment	dividends received		3,465	2,706
Deposit account interest			65	71
Investment	interest received		799	308
			4,329	3,085
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/{crediting):
			2022	2021
				E
Depreciation	-owned assets		54,853	51,507
Independent	examiners	remuneration	3,181	2,892

Sutton Turner Houses Notes to the Financial Statements -continued for the Year Ended 5April 2022	Sutton Turner Houses Notes to the Financial Statements -continued for the Year Ended 5April 2022	Sutton Turner Houses Notes to the Financial Statements -continued for the Year Ended 5April 2022
2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -			continued
	Unrestricted	Restricted	Total
	funds f	funds f	funds f
TOTAL FUNDS CARRIED
FORWARD	1,540,254		1,540,254

Net mo	vemen	t in funds, includ	ed in the above are a	s follows:
			Incoming	Resources	Gains and	Movement
			resources f	expended f	losses f	in funds f.
Unrestricted		funds
General	fund		146,875	(230,661)	17,853	(65,933)
TOTAL	FUNDS		146,875	(230,661)	17,853	(65,933)

	for the Year Ended	5April 2022
		2022	2021
		E	E
INCOME AND ENDOWMENTS
Investment income
Investment dividends	received	3,465	2,706
Deposit account interest		65	71
Investment interest received		799	308
		4,329	3,085
Charitable activities
Weekly maintenance	contributions	146,784	141,168
Voids		(4,238)	(3,931)
		142,546	137,237
Total incoming resources		146,875	140,322
EXPENDITURE
Charitable activities
Rates and water		1,324	808
Insurance		2,334	2,980
Light and heat		321	387
Telephone		4,754	4,467
Garden maintenance		10,225	10,132
Sundries		1,997	2,112
Property maintenance		28,362	21,598
Extraordinary maintenance		51,000
Reactive maintenance		6,975
		107,292	42,484
Other
Depreciation		54,853	51,507
Support costs
Management
Accountancy and legal fees Clerk's remuneration		3,180 60,000	2,963 60,000
		63,180	62,963
Finance
Investment advisor	charges	5,336	4,828