## **ACCOUNTS** **FOR THE YEAR** **ENDED 30 JUNE 2022** ## **FOR** **ARTIZANS HOUSING ASSOCIATION** **CIO NUMBER 1162129** ## **ARTIZANS HOUSING ASSOCIATION** ## **INDEX TO THE ACCOUNTS For the Year Ended 30 June 2022** ||Page| |---|---| |General Information|1| |Trustees’ Annual Report|2/3| |Independent Examiner’s Report|4| |Receipts and Payments accounts|5| |Statement of Assets and Liabilities|6| ## **ARTIZANS HOUSING ASSOCIATION** ## **GENERAL INFORMATION** ## **For the Year Ended 30 June 2022** |**TRUSTEES:**|Mr C P Stewart| |---|---| ||Mrs B Stewart| |**CHARITY NO:**|1162129| |**ADDRESS:**|4 Ashwood lodge| ||80 Station Road| ||Barnet| ||EN5 1QF| |**INDEPENDENT EXAMINER:**|N A H Brecker CA| ||Chartered Accountant| ||Caldwell & Braham| ||171 South Lodge Drive| ||Oakwood| ||LONDON| ||N14 4XJ| Page 1 **ARTIZANS HOUSING ASSOCIATION** ## **TRUSTEES’ REPORT** ## **For the Year Ended 30 June 2022** ## **Trustees:** Mrs B Stewart Mr C P Stewart ## **Incorporation** Artizans Housing Association (Charity number 1162129, the “new charity” or “the CIO”) was registered on 11 June 2015 as a Charitable Incorporated Organisation, a charity registered as a body corporate under Part 11 of the Charities Act 2011. On 10 February 2016 the assets and liabilities of Artizans Housing Association and Trust (Charity number 212370, the “ old charity”) passed under permanent endowment to Artizans Housing Association the new charity through a vesting declaration dated 10.2.2016 and the new charity commenced activity on the same date. ## **Charitable Objects of CIO** To assist in the relief of poverty by: The provision of affordable housing for peopled suffering from financial hardship, making grants or providing loans to people suffering financial hardship to enable them to meet the costs of accommodation appropriate to their needs and to provide furniture, furnishings and household items utilising the CIO’s own properties. ## **Appointment of Trustees** Existing trustees appoint new trustees where appropriate in accordance with the powers conferred on them by the Trustee Act 2000. ## **Investment Selection Policy** New properties are selected in furtherance of the aims of the CIO, which is to provide good quality long term housing to working people. ## **Approval of Grants** Grants are allocated to applicants from the CIO’s normal beneficiary class for necessary housing needs. ## **Activities During Year** During the year the trustees carried out several property repairs to maintain them to a good standard of repair. Page 2 ## **ARTIZANS HOUSING ASSOCIATION** ## **TRUSTEES’ REPORT (continued)** ## **For the Year Ended 30 June 2022** ## **Financial Results** Rents received during the period were £154,690. The net cash receipts for the year were £76,207 and the funds held as at 30 June 2022, excluding tenant deposits, amounted to £511,026. Mr C P Stewart Chair of Trustees Dated: 8 March 2023 Page 3 **ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF** ## **ARTIZANS HOUSING ASSOCIATION** I report to the charity trustees on my examination of the accounts of the Charitable Incorporated Organisation for the year ended 30 June 2022, which are set out on pages 5 to 6. ## **Respective Responsibilities of Trustees and Examiner** As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all of the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent Examiner’s Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect: - 1 Accounting records were not kept as required by section 130 of the Act; or - 2 The accounts do not accord with those records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. N A H Brecker CA Chartered Accountant Caldwell & Braham 171 South Lodge Drive Oakwood LONDON N14 4XJ Date: 8 March 2023 Page 4 ## **ARTIZANS HOUSING ASSOCIATION RECEIPTS AND PAYMENTS ACCOUNTS** ## **For the year ended 30 June 2022** |**Receipts:**
Rents received
Deposit account interest
**Sub total**(Gross income for Annual Return)
**Total Receipts**
**Payments:**
Post, stationery, telephone
Travelling
Insurance
Repairs & renewals
Service charge & ground rent
Bank charges
Administration costs
Accountancy
Legal & professional fees
Property management fees
Sundry expenses
**Sub total**



**Total Payments**

**Net Receipts**

**Cash funds brought forward**
**Cash funds carried forward**
|





|



|Year to
Year to
30.06.2022
30.6.2021
£
£
£ £
154,690
150,666
717
1,403
155,407
152,069
**155,407**
**152,069**
2,230
2,185
1,836 1,794
9,922 8,784
33,132
30,727
11,650
13,679
96 78
4,800 4,800
600
600
114 1,161
14,800
14,800
20-
79,200
78,608
-
-

**(79,200) (78,608)**
-
**76,207 73,461**
**434,819**
**361,358**
_______
______
**511,026**
**434,819**
======
======| |---|---|---|---| |||

|| ||

||| The notes on page 6 show details of restricted, unrestricted and endowment funds Page 5 ## **ARTIZANS HOUSING ASSOCIATION STATEMENT OF ASSETS AND LIABILITIES** ## **As at 30 June 2022** |

**Cash funds at period end:**
Bank current/savings

Bank: held re Tenants Deposits

Total Cash Funds

**Assets retained for charity use in furtherance of**
**its objectives:**
Freehold property
**Liabilities:**
Creditors
Tenants Deposits

Analysis of Restricted or Unrestricted funds:|30/06/2022
30/06/2021
£
£ £ £
511,026 434,819
10,762
10,562
-_
**521,788**
**445,381**
======
=======
**5,301,726** **5,301,726**
======= =======
**600** **600**
**10,762 10,562**
**11,362 11,162**
====== ======| |---|---| All receipts and payments in the year to 30/6/22 and the prior period are unrestricted ## Trustee remuneration One trustee ( CP Stewart ) was remunerated £14,800 in the year to 30 June 2022 ( 2021-£14,800) for managing Artizans Housing Association’s fifteen properties. ## Market value of freehold property The market value of freehold property retained for charity use in furtherance of its objectives is estimated by the trustees to be £6,000,000. Mr C P Stewart Mrs B Stewart Trustee Trustee Date: 8 March 2023 Page 6