## ||Index|| |---|---|---| |||Page| |Report ofthe Trustees||1-3| |Independent
Examiners
report to|the Trustees|| |Statement ofComprehensive
Income||| |Statement ofchanges
in Reserves||| |Statement
of Financial
Position||| |Cash Flow Statement||| |Notes to the Financial Statements||| |Detailed Income and Expenditure|Account|| |Schedule ofInvestments
LIncome||17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |FOR THE YE|AR ENDED|31|STMARCH 2|022|||| |---|---|---|---|---|---|---|---| ||||||NOTES|2022
f|2021| |TURNOVER:|||||||| |Income:|||||||| |Contributions
from||residents:||Rent||84,297|85,668| |||||Services||18,720|17,239| |Grants||||||4,554|4,558| |||||||107,571|107,465| |Less: Losses from Voids|||||||(879)| |||||||107g571|106~586| |OPERATING|EXPENDITURE||||||| |Services||||||(24,096)|(25,973)| |Management
Day to day maintenance
Cyclical maintenance||||||(29,546)
(1,866)
(22,330)|(36,064)
(5,121)
(24,701)| |OPERATING|SURPLUS|||||29,733|14,727| |Gains/Losses
on investments||||||21,204|52,007| |Interest|receivable|and|other income||3|9,441|10,055| |Interest|payable
and similar charges||||4|(2,166)|(3,026)| |SURPLUS|||||||| ||||||5,7|58I212|73,763| |TOTAL COMPREHENSIVE|||INCOME FOR THE YEAR||||| ## ## ## ||||Income|and|Revaluation|Total| |---|---|---|---|---|---|---| ||||Expenditure|Reserve|Reserve|| |Balance|at 1 April 2021|||560,746|140,053|700,799| |Surplus|from Statement|of||||| |Comprehensive
income||||58,212||58,212| |Transfers||||(21,204)|21,204|| |Balance|at 31March 2022|||597,753|161,257|750011| ## |COUNTESS|OF DERBY'S AL|OF DERBY'S AL|OF DERBY'S AL|OF DERBY'S AL|MSHOUSES CIO|MSHOUSES CIO|||||| |---|---|---|---|---|---|---|---|---|---|---|---| |STATEMENT|OF FINANCIAL||||POSITION AT||31STMARCH 2022||||| ||||||||||NOTES|2022
f|2021
f| |FIXEDASSETS|||||||||||| |Housing|properties||||||||||| |Cost||||||||||424,257|424,257| |||||||||||424,257|424,257| |Investments,
at market||||value||||||310,094|279/647| |||||||||||734,351|703,904| |CURRENT ASSETS|||||||||||| |Cash at|bank and|in hand||||||||47,761|35,640| |||||||||||47,761|35,640| |LESSCREDITORS: Amounts|||||falling|due within|one year||10|(18,460)|(19,132)| |NET CURRENT ASSETS||||||||||29,301|16,508| |TOTAL ASSETS LESS||CURRENT LIABILIT1ES||||||||763/652|720/4 12| |CREDITORS:|||||||||||| |Amounts|falling due after||||more than one year|||||(4,641)|(19,613)| |TOTAL NET|ASSETS|||||||||759,011|700,799| |RESERVES|||||||||||| |Income and expenditure
Investment
revaluation||||reserve
reserve|||||12
13|597,754
161,257|560,746
140,053| |||||||||||759,011|700,799| |Approved
by|the Trustees||on||........4+~.......... and signed o|||their|||| |behalf by:|||||||||||| |||||||||||(Trustee)|| |||||||||||(Trustee)|| ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||||6|| |Net income for the reporting
period (as per the||statement|offinancial||activites)|58,212|73,763| |Adjustments
for:|||||||| |Gains/losses
on investments||||||(21,204)|(527007)| |Interest
received
Rental Income||||||(10)
(107,571)|(3)
(106,586)| |Investment
Income received
Increase/(Decrease)
in creditors||||||(9,431)
(6,172)|(10,052)
(20,416)| |Decrease/
(increase)
in debtors|||||||| |Net cash provided
by (used in) operating|activites|||||86 176|115301| |Cash flows from operating
activites:
Cash generated
from operations||||||(86,176)|(115,301)| |Net cash provided
by (used in) operating|activites|||||(867176)|(1157301)| |Cash flows from Investing
activites:|||||||| |Housing
properties
transferred
from Countess
of Derby's Almshouses|||||||| |Investments
transferred
from Countess|of|Derby's Almshouses|||||| |Interest
received||||||10|3| |Rents received||||||107,571|106,586| |Investment
Income received||||||9,431|10,052| |Accumulated
dividends||||||(9,243)|(9,818)| |Net cash provided
by (used in) investing|activites|||||107,769|106,823| |Cash flows from financing
activities:|||||||| |Repayments
of borrowing||||||(9,472)|(9,472)| |Net cash provided
by (used in ) financing||activities||||(9,472)|(9,472)| |Change
in cash and cash equivalents
in the reporting|||period|||12,121|(17,950)| |Cash and cash equivalents
at the beginning||ofthe reporting||period||35,640|53,590| |Cash and cash equivalents
at the end of|the reporting||period|||47 761|35 640| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||| |---|---|---|---|---|---|---| |3.|INTEREST RECEIVABLE AND||OTHER INCOME||2022|2021
f| ||Bank deposit Interest||||10|3| ||Investment
Income||||9,431|10,052| ||||||9,441|10,055| |4.|INTEREST PAYABLE AND SIMILAR CHARGES||||2022
f|2021| ||On loans wholly or|partly repayable||in more than five years|2,166|3,026| |5.|SURPLUS ON ORDINARY ACTIVITIES||||2022
f|2021
f| ||This is stated after|charging:||||| ||Independent|Examiner's|fees||2,400|2,400| ||||||2,400|2,400| |6.|STAFF COSTS||||2022|2021
f| ||Wages and salaries||||11,013|10,488| ||||||11,013|10,488| ## ## |8.|FIXEDASSETS HOUSING|PROPERTIES|2022
f|2021
f| |---|---|---|---|---| ||Cost:|||| ||At 1st April 2021 and 31st|March 2022|424,257|424/257| |9.|INVESTMENTS||2022
f|2021
f| ||Market value of UK listed investments|||| ||Brought forward
Accumulated
dividends||279,647
9,243|217,823
9,817| ||Unrealised
gains/(losses)||21,204|52,007| ||Market value of investments|at 31st March 2022|310,094|279,647| ## ## ## |CREDIT|ORS|:|Amounts|falling due within one year:||| |---|---|---|---|---|---|---| ||||||2022
E|2021
f| |Accountancy||fee|||2/568|2,568| |Independent||Examiner's||fee|2/400|2,400| |Legal fee||||||0| |Fresh pic|loan||||10,418|9,472| |Services|||||2,404|2,544| |Repairs and Redecorations|||||445|1,735| |Tenancy|Deposit|||||| |Social security|||and other|taxes||| |Internet||||||110| |Gardening|and||Cleaning||225|303| ||||||18,460|19,132| ## ## ## ||||||||2022
f|2021
E| |---|---|---|---|---|---|---|---|---| |Fresh pic loan|||||||4,641|15,059| |Deferred Income Grant||||||||4,554| ||||||||4/641|19,613| |The Fresh pic loan is repayable||by half-yearly|||fixed payments|ofE5,818.99||| |(including
interest),
and the|principal||amount||will be repaid|over the following||| |periods:||||||||| |More than 1year but less||that 2|years||||4/641|10,418| |More than 2 years but less||than|5 years|||||4,641| ||||||||4,641|15,059| |Grants deferred were|comprised|||as|follows:|||| |The Housing
Association||||||||1,048| |The Housing
Corporation||||||||2,577| |Chichester
District Council||and Chase||Charity etc||||218| |Department
ofthe Environment||||||||711| |Tota I Grants||||||||4,554| ## ## ## ## |Movements|on th|e General
Fun|d
in the year were as follows:||| |---|---|---|---|---|---| |||||2022|2021| |||||General|General| |Unrestricted|Fund|||Fund|Fund| |||||E|E| |Balance brought||forward|||| |at 1st April|2021|||560,746|538,990| |(Deficit)/Surplus||for the year||58,212|73,763| |Transfers||||(21,204)|(52,007)| |Balance at|31st March 2022|||597,754|560,746| ## |Movement|on the Reserve for the year|was as follows:|||| |---|---|---|---|---|---| |||||2022|2021| |||||E|E| |Excess of market value over cost|||||| |at beginning|ofyear|||140,053|88,046| |Transfers||||21,204|52,007| |||||161,257|140,053| |NET ASSETS BETWEEN FUNDS|||||| |||Tangible|||2022| |||fixed||Other net|| |||assets|Investments|assets|Total| |||E|E|E|E| |Unrestricted|Fund|424,257|148,837|24,660|597,754| |Investment|Revaluation
Reserve||161,257||161,257| |||424,257|310,094|24g660|759~011| ## ## ## ## |||||||2022
f|2021
f| |---|---|---|---|---|---|---|---| |Maintenance
contributions|from|||residents||103,017|102,907| |Grants||||||4,554|4,558| |Less: Losses from voids|||||||(879)| |||||||107,571|106,586| |Bank deposit interest
received||||||10|| |Dividends
received||||||9,431|10,052| |||||||117,012|116,641| |Less Expenditure:|||||||| |Community
Care emergency||||alarm system|rental|(4,040)|(4,040)| |Water Rates and Council||Tax||||(4,794)|(4,476)| |Insurance||||||(2,192)|(2,149)| |Repairs and redecorations|||etc.|||(24,196)|(29,822)| |Gardening
and Cleaning||||||(4,426)|(5,043)| |Subscriptions,
advertising,||||etc||(381)|(381)| |Electricity
Gas for central
heating||||||(2,072)
(8,764)|(1,950)
(10,463)| |Legal and professsional||fees||||(1,800)|(8,702)| |Accountancy
and audit|fee|||||(12,600)|(12,600)| |Estate Agent's
commision||||||(195)|| |Christmas
gifts||||||(515)|(515)| |Sundry expenses||||||(230)|(616)| |Fresh pic - loan interest
Manager||||||(2,166)
(11,013)|(3,026)
(10,488)| |Internet||||||(618)|(536)| |Stationery||||||(2)|(76)| |Investment
Gains/Losses||||||21,204|52,007| |||||||58~212|73g763| |||||CG||||N
0
N|N
0
N|N
0
N|N0
N||0
N|0
N|N
0|N0
N|0
N||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||N
8C
.'U)
'0|IL
V
III||||LA
0
GO
N|GO
0
M
M|N
v-I
lA
v-I
c(|N0
cC||LA
0
GO
N|GO
0
M
M|rl
lA|N
0
GON|LA
0||| ||||z|0||||M
N
N|N|N
lA|||M|M|GO|M|N|M|| |||||E|||||||||||||||| ||||8||||||||||||||||| ||||8
4|CII
N
III
III|||||||lA
0||||lAN
OI|||«CI00
M|| ||||IIIE||||||||||||||||| |||D8."WN
N 5
N
N
L
III
O
&Ua|||||||||0
N||||N
M|||0
N|| ||||N
8||||||||||||||||| ||||N|NN|||||||||||||||| |||g
N|N
0||||||||||||||||| ||NNON|N
Ia'|+'O
N
III 0||||||||||||||||L0C
QJ0| ||X||U||||||||||||||||| ||U||||||||||||||||||| ||||||||||||||||||||ILI| ||XI-|||||||||||||||||I|lO| ||N||||||||||||||||||E| ||0||||||||||||||||||OO| ||0z|||N
C0||||M
N|N|N
LA|«CI|||||||N|| |||||N|||||N|N|N||||||||| ||XI-||||||||||||||||||| ||0||S
CO|||||«CI|||||||0||||| |0
U
N
N
0xIE
cL'
N
III|X0
Uz
0z
NI-z
EI-||III
Z|N
Ij|UI|0
C
'«0
4-
LL
v||M
LCI
P
h
LA||||0
E ~C
IL
U
LA0uN||||'0
C
LL
9
Gl
E
4J
lh
Cl||«CI
N|| |0
0
NN
I-z
0
U|z
M
0
Cl
X
U
N||||UI
)
Z
u
Z|iD
O
LNG
g
IO
Z|C
M
C
0
E
E
0
U|0
E
lA
GO||||8 E
ro
lO
Ill
N
LA
III c E
)Z™0
2
C
O
0
u
E
@BEPO
&GL 0 M
Z Z U
LA
(0
O
0
N
Q
(g
C
0|||||N
GlL
UI
e
E
00C
M
GO
GO|||