2023-04-05-accounts

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

							2023	2022
					Unrestricted	Restricted	Total	Total
				Notes	funds 8	funds 8	funds f	funds E
INCOME	AND ENDOWMENTS		FROM
Charitable	activities
Provision	ofaccommodation	to people
of limited	financial means &elderly
people of	the City of Derby
					144,385		144,385	142,546
Investment	income			2	7,875		7,875	4,329
Total					152,260		152,260	146,875
EXPEI4DITURE ON
Charitable	activities
Provision	ofaccommodation	to people
of limited financial means &elderly
people of	the City of Derby
Raising funds					182,417 4,987		182,417 4,987	170,472 5,336
Other					(31,914)		(31,914)	54,853
Total					155,490		155,490	230,661
Net gains/{losses) on investments					{25,668)		(25,668)	17,853
NET INCOME/(EXPENDITURE)					(28,898)		(28,898)	(65,933)
RECONCILIATION OF FUNDS
Total funds brought foivvard					1,474,321		1,474,321	1,540,254
TOTAL FUNDS CARRIED FORWARD					1,445,423		1,445,423	1,474,321

					2023	2022
			Unrestdictsd	Restdicted	Total	Total
		Notes	funds	funds f	funds	funds E
FIXEDASSETS
Tangible assets		8	1,116,098		1,116,098	1,084,184
Investments		9	287,941		287,941	343,503
			1,404,039		1,404,039	1,427,687
CURRENTASSETS
Debtors		10	1,676		1,676
Prspayments and	accrued income		4,237		4,237	6,902
Cash at bank and	in hand		38,967		38,967	48,213
			44,880		44,880	55,115
CREDITORS
Amounts falling due within ons year		11	(3,496)		(3,496)	(8,481)
NET CURRENT ASSETS			41,384		41,384	46,634
TOTAL ASSETS	LESSCURRENT
LIABILITIES			1,445,423		1,445,423	1,474,321
NET ASSETS			1,445,423		1,445,423	1,474,321
FUNDS		12
Unrestricted funds					1,445,423	1,474,321
TOTAL FUNDS					1,445,423	1,474,321

Notes to the Financial Statements -continued for the Year Ended 5 April 2023	Notes to the Financial Statements -continued for the Year Ended 5 April 2023	Notes to the Financial Statements -continued for the Year Ended 5 April 2023
2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -			continued
	Unrestricted	Restricted	Total
	funds	funds	funds
		F	L
TOTAL FUNDS CARRIED
FORWARD	1,474,321		1,474,321

FIXEDASSET INVESTNIENTS
	Listed
	investment
	f
IIARKET VALUE
At 6April 2022	343,503
Additions	33,378
Disposals Revaluations	(56,380) (32,560)
At 5April 2023	287,941
NET BOOK VALUE
At 5April 2023	287,941
At 5April 2022	343,503

						for the	for the	Year Ended 5Aprll 2023	Year Ended 5Aprll 2023
10.	DEBTORS: AMOUNTS					FALLING		DUE WITHIN ONE YEAR
										2023 8	2022 f
	Maintenance		contributions				due			1,676
11.	CREDITORS:			AIIIOUNTS			FALLING DUE WITHIN ONE YEAR
										2023	2022
										8	8
	Prepaid	WMC									5,303
	Accrued	expenses - accountancy								3,496	3,178
										3,496	8,481
12.	INOVEISENT			IN FUNDS
										Net
										movement	At
									At 6.4.22	in funds	5.4.23
									E	E	E
	Unrestdcted			funds
	General	fund							1,439,096	(28,898)	1,410,198
	Property	maintenance			fund
	(formerly	Extraordinary				repair fund)			35,225		35,225
									1,474,321	(28,898)	1,445,423
	TOTAL	FUNDS							1,474,321	(28,898)	1,445,423
	Net movement			in funds,		Included		in the above are as follows:
								Incoming	Resources	Gains and	Movement
								resources f	expended	losses 6	in funds 8
	Unrestricted			funds
	General	fund						152,260	(155,490)	(25,668)	(28,898)
	TOTALFUNDS							152,260	(155,490)	(25,668)	(28,898)

			Net
			movement	At
		At 6.4.21	in funds E	5.4.22 f
Unrestricted funds
General fund Property maintenance	fund	1,505,029	(65,933)	1,439,096
(formerly Extraordinary	repair fund)	35,225		35,225
		1,540,254	(65,933)	1,474,321
TOTAL FUNDS		1,540,254	(65,933)	1,474,321

Compar	ative	net movement in	funds, induded in the	above are as	follows:
			incoming	Resources	Gains and	Movement
			resources	expended 6	losses 8	in funds f
Unrestricted		funds
General	fund		146,875	(230,661)	17,653	(65,933)
TOTAL	FUNDS		146,875	(230,661)	17,853	(65,933)

	Sutton Turner Houses
	Detailed Statement of Financial Activities
	for the Year Ended 5April 2023
		2023	2022
		6	6
INCOME AND ENDOWMENTS
Investment Income
Investment dividends	received	3,622	3,465
Deposit account interest		187	85
Investment interest received		4,066	799
		7,875	4,329
Charitable activities
Weekly maintenance	contributions	156,700	146,784
Voids		(12,315)	(4,238)
		'I44,385	142,546
Total Incoming resources		152,260	146,875
EXPENDITURE
Charitable activities
Rates and water		1,905	1,324
Insurance		3,897	2,334
Light and heat		1,596	321
Telephone		4,736	4,754
Garden maintenance		13,042	10,225
Sundries		2,306	1,997
Property maintenance		19,469	28,362
Extraordinary maintenance		58,798	51,000
Reactive maintenance		13,169	6,975
		118,918	107,292
Other
Depreciation		(31,914)	54,853
Supportcosts
Management
Accountancy and legal fees		3,499	3,180
Clerk's remuneration		60,000	60,000
		63,499	63,180
Finance
Investment advisor	charges	4,987	5,336

		Sutton Turner Houses
		Detailed Statement ofFinancial Activities
		for the Year Ended 5April 2023
			2023	2022
			6	6
Total resources	expended		155,490	230,661
Net expenditure	before gains and
losses			(3,230)	(83,786)
Realised recognised		gains and losses
Realised gains/(losses)		on fixed asset
investments
Net income/(expenditure)			3,662	(69,397)