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2022-03-31-accounts
| CONTENTS |
PAGE |
| TrusteesAnnualReport |
1to4 |
| Independentexaminersreporttothemembers |
|
| Statementoffinancialactivities |
|
| Balancesheet |
|
| Notestothefinancialstatements |
8to13 |
|
|
Total |
Total |
|
|
Unrestricted |
Unrestricted |
|
|
Funds2022 |
Funds2021 |
|
Note |
£ |
£ |
| Incomeandendowmentsfrom: |
|
|
|
| Donations |
2 |
1,000 |
11,350 |
| Charitableactivities |
3 |
86,311 |
78,083 |
| Total |
|
87,311 |
89,433 |
| Expenditureon: |
|
|
|
| Charitableactivities |
4 |
(29,200) |
(94,397) |
| Otherexpenditure |
6 |
(8,890) |
(8,727) |
| Total |
|
(38,090) |
(103,124) |
| Netgains/(losses)oninvestments |
|
452 |
|
| Netincome/(expenditure) |
|
49,673 |
(13,691) |
| Netmovementinfunds |
|
49,673 |
(13,691) |
| RECONCILIATIONOFFUNDS: |
|
|
|
| Totalfundsbroughtforward |
|
|
|
| 13 |
|
94,963 |
108,654 |
| Totalfundscarriedforward |
|
144,636 |
94,963 |
|
|
2022 |
2021 |
|
Note |
£ |
£ |
| FIXEDASSETS |
|
|
|
| Tangibleassets |
9 |
298,729 |
3081503 |
| Investments |
10 |
|
|
| CURRENTASSETS |
|
|
|
| Debtors |
11 |
5,676 |
5,661 |
| Cashatbankandinhand |
|
90,187 |
49,575 |
|
|
95,863 |
55,236 |
| CREDITORS:Amountsfallingduewithinoneyear |
12 |
|
|
| NETCURRENTASSETS |
|
|
|
| TOTALASSETSLESSCURRENTLIABILITIES |
|
389,954 |
347,349 |
| CREDITORS:Amountsfallingdueaftermorethanoneyear13 |
|
(245,318) |
(252,386) |
| TOTALNETASSETS |
|
144,636 |
94,963 |
| FUNDS |
|
|
|
| Unrestrictedincomefunds |
14 |
144,636 |
94,963 |
| TOTALFUNDS |
|
144,636 |
94,963 |
| 2. |
INCOMEFROMDONATIONS |
|
|
|
|
TotalFunds |
TotalFunds |
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Donations |
1,000 |
11,350 |
| 3. |
INCOMEFROMCHARITABLEACTIVITIES |
|
|
|
|
TotalFunds |
TotalFunds |
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Maintenancecontributionsfromresidents |
86,311 |
78,083 |
| 4. |
EXPENDITUREONCHARITABLEACTIVITIES |
|
|
|
|
TotalFunds |
TotalFunds |
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Heatingandlighting |
2,804 |
7,032 |
|
Propertymaintenance |
4,162 |
15,636 |
|
Cyclicalmaintenance |
936 |
42,931 |
|
Legalandprofessionalfees |
- |
3,240 |
|
Insurance |
1,466 |
1,425 |
|
Ratesandwatercharges |
1,449 |
1,486 |
|
HonorariumtoClerktotheTrustees |
6,207 |
9,460 |
|
Miscellaneousexpenses |
156 |
290 |
|
Websitecosts |
209 |
1,102 |
|
Subscriptionsandlicences |
38 |
22 |
|
Depreciation |
9,773 |
9,773 |
|
Governancecosts(seenote5) |
2,000 |
2,000 |
|
|
29,200 |
94,397 |
|
TotalFunds |
TotalFunds |
|
2022 |
2021 |
|
£ |
£ |
| Independentexaminer'sfees |
2,000 |
2,000 |
|
TotalFunds |
TotalFunds |
|
2022 |
2021 |
|
£ |
£ |
| Interestonloans |
8,796 |
8,577 |
| Bankcharges |
94 |
150 |
|
8,890 |
8,727 |
|
Landand |
|
buildings |
|
£ |
| COST |
|
| Asat1April2021 |
322,348 |
| Additions |
- |
| At31March2022 |
322,348 |
| DEPRECIATION |
|
| Asat1April2021 |
13,845 |
| Chargefortheyear |
9,773 |
| At31March2022 |
23,618 |
| NETBOOKVALUE |
|
| At31March2022 |
298,729 |
| At31March2021 |
308,503 |
| Listedinvestments |
2022 |
|
£ |
| MarketValueat1April |
- |
| Acquisitionsatcost |
5,000 |
| Unrealisedgains/(losses) |
452 |
| MarketValueat31March |
5,452 |
| Historicalcostat31March |
|
5,452 |
| DEBTORS |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Weeklymaintenancecontribution |
69 |
69 |
| Prepaymentsandaccruedincome |
635 |
620 |
| Otherdebtors |
4,972 |
4,972 |
|
5,676 |
5,661 |
| CREDITORS:Amountsfallingduewithinoneyear |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Bankloans |
7,100 |
7,352 |
| Accrualsanddeferredincome |
2,990 |
8,090 |
| Othercreditors |
|
948 |
|
10,090 |
16,390 |
|
2022 |
2021 |
|
£ |
£ |
| Bankloans: |
|
|
| Duebetween2and5years |
31,262 |
28,032 |
| Dueafter5years |
214,056 |
224,354 |
|
245,318 |
252,386 |
|
**Balanceat1 ** |
Incoming |
Outgoing |
|
Balanceat |
|
Apr2021 |
resources |
resources |
Transfers |
31Mar2022 |
|
£ |
£ |
£ |
£ |
£ |
| Buildingsreserve |
308,503 |
- |
(9,773) |
- |
298,730 |
| Cyclical |
|
|
|
|
|
| maintenancefund |
27,443 |
- |
|
8,980 |
36,423 |
| Extraordinary |
|
|
|
|
|
| repairfund |
(372,361) |
- |
- |
5,490 |
(366,871) |
| Revenuereserve |
131,378 |
87,763 |
(28,317) |
(14,470) |
176,354 |
|
94,963 |
87,763 |
(38,090) |
- |
144,636 |
| ANALYSISOFMOVEMENTSINUNRESTRICTED |
|
FUNDS-Previous |
period |
|
|
|
**Balanceat1 ** |
Incoming |
Outgoing |
|
Balanceat |
|
Apr2020 |
resources |
resources |
Transfers |
31Mar2021 |
|
£ |
£ |
£ |
£ |
£ |
| Buildingsreserve |
318,276 |
- |
(9,773) |
- |
308,503 |
| Cyclical |
|
|
|
|
|
| maintenancefund |
18,903 |
- |
- |
8,540 |
27,443 |
| Extraordinary |
|
|
|
|
|
| repairfund |
(377,581) |
- |
- |
5,220 |
(372,361) |
| Revenuereserve |
149,056 |
89,433 |
(93,351) |
(13,760) |
131,378 |
|
108,654 |
89,433 |
(103,124) |
- |
94,963 |
|
Designated |
General |
|
|
Funds |
Funds |
Total |
|
|
£ |
£ |
| Tangiblefixedassets |
298,729 |
- |
298,729 |
| Investments |
5,452 |
- |
5,452 |
| Cashatbankandinhand |
- |
90,187 |
90,187 |
| Currentassets |
- |
5,676 |
5,676 |
| Currentliabilities |
- |
(10,090) |
(10,090) |
| Non-currentliabilities |
- |
(245,318) |
(245,318) |
|
304,181 |
(159,545) |
144,636 |
| ANALYSISOFNETASSETSBETWEENFUNDS-Previousperiod |
|
|
|
|
Designated |
General |
|
|
Funds |
Funds |
Total |
|
|
£ |
£ |
| Tangiblefixedassets |
308,503 |
- |
308,503 |
| Cashatbankandinhand |
- |
49,575 |
49,575 |
| Currentassets |
- |
5,661 |
5,661 |
| Currentliabilities |
- |
(16,390) |
(16,390) |
| Non-currentliabilities |
- |
(252,386) |
(252,386) |
|
308,503 |
(213,540) |
94,963 |