2022-05-31-accounts - Birch Housing Limited

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			Page
Reference anrl Administrative 13etsils
Trustees' Report		2	to	4
Statement ofTrustees'	Responsibilities
Report ofthe independent Auditors		6	to	9
Statement ofFinancial	Activities		10
Statement ofFinancial	Posttion
Statement ofCash Flows			12
Notes to the Statement	ofCash Flows		13
Notes to the Financial	Statements	14	to	18

31Medi 2022
					31.5.22	31.5.21
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes	E			f
CURRENT ASSETS
Debtors		7	1,415,460		1,415,460	133,736
Cash at bank			2,002,662		2,002,662	1,308,541
			3,418,122		3,418,122	1,442,277
CREDITORS
Amounts falling due within	one yew	8	(2,413,242)		(2,413,242)	(213,596)
NET CURRENT ASSETS			1,004,880		1,004,880	1,228,681
TOTAL ASSETSLESSCURRENT
LIABILITIES			1,004,880		1,004,880	1,228,681
CREDITORS
Amounts falling due after more than one year		9	(794„141)		(794,141)	(1,080,393)
NKT ASSETS			210,739		210,739	148,288
FUNDS		10
Ucrcstncted funds					2 10,739	148,288
TOTAL FUNDS					210,739	148,288

RECONCIL	IATIO	N OF N	ET INCOME TO NET CASH FLOW FROM OPE	RATING ACTIV	ITIES
				31.5.22	31.5.21
				f
Net incotae	for the	reporting	period (as per the Statement ofFinancial
Activides)				62,451	72,564
Adjustments	for:
Increase in debtors				(1,281,724)	(]05,438)
Increase in creditors				1,913,394	1,290,274
Net cash provided		by operations		694,121	1,257,400
ANALYSIS	OF CHANGES		IN NET FUNDS
			At 1.6.21	Cash flow	At 31.5.22
Net cash
Cash at bank			1,308,541	694,12]	2,002,662
			1,308,541	694,121	2,002,662
Total			1,308,541	694,121	2,002,662

3.	INCOME FROM CHA	RITABLE ACTIVITIES
				31.5.22	31.5.21
		Activity
	Rents received	Income from charitable	activities	5,874,341	744,380
	Tenants service charges	Income from charitable	activities	553,807	158,172
	Void recharges	Income from charitable	activities	312,971	12,364
	Management fees	Income fiom charitable	activities	288,843	19,273
	Commercial lettings rent	Income from charitable	activities	7,003
				7,036,965	934,189
4.	CHARITABLE ACTIVITIES COSTS
					Direct
					Costs
	Expenditure on charitable	activities			6,897,886
5.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated ager charging/(crediting):
				31.5.22	31.5.21
	Hire ofplant and machinery			12,159	14,694

7.	DEBTORS:	A	MOUNTS FALL	ING DUE WITHIN ONE YE	AR
							31.5.22	31.5.21
							f
	Trade debtors						988,875	82,738
	Other debtors						45,361	50,998
	Prepayments	and accrued income					381,224
							1,415,460	133,736
8.	CREDITORSt		AMOUNTS FALLING DUE WITHIN ONE		YEAR
							31.5.22	31.5.21
							f
	Trade creditors						2,081,059	149,565
	Other creditors						2,000	4,400
	Accrued expenses						330,183	59,631
							2,413,242	213,596
9.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE				THAN	ONE YEAR
							31.5.22	31.5.21
	Provision for	future refurbishment					794,141	1,080,393
10.	MOVEMENT		IN FUNDS
							Net
							movement	At
						At 1.6.21	in funds	31.5.22
							f
	Unrestricted	funds
	General fund					148,288	62,451	210,739
	TOTAL FUNDS					148,288	62,451	210,739
	Net movement		in funds, included	in the above are as follows:
						Incoming	Resources	Movement
						resources f	expended f	in funds f.
	Unrestricted	funds
	General fund				7,037,155		(6,974,704)	62,451
	TOTAL FUNDS				7,037,155		(6,974,704)	62,451

						Net
						movement	At
					At 1.6.20	in funds	31.5.21
Unrestricted	funds
General fund					75,724	72,564	148,288
TOTAL FUNDS					75,724	72,564	148,288
Compamtive	net movement		in funds, included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
						f.	f
Unrestricted	funds
General fund					934,219	(861,655)	72,564
TOTAL FUNDS					934319	(861,655)	72,564
A current year 12months		and pnor year 12months			combined position is as follows:
						Net
						movement	At
					At 1.6.20	in funds	31.5.22
						f	f
Unrestricted	funds
General fund					75,724	135,015	210,739
TOTAL FUNDS					75,724	135,015	210,739