## ## |Trustees|||Ms M J Coward|(Ch|(Ch|| |---|---|---|---|---|---|---| ||||Mrs BLBennett|||| ||||Ms EWatson|||| ||||Mr EW Freeman|||| ||||MrJTank|||| ||||Mr P Mellors (Treas|||rer)| ||||DrS Malton (Appoin|||ed February 2022)| ||||Ms J Ellis (Appointe|||April 2022)| |Website|||https://www.
abelcolli|||s.org.uk| |Administrator|||Mrs C Hughes|||| |Warden|||Mrs V Smith|||| |Charity number|||1188997|||| |Principal address|||13a Collin's Homes|||| ||||Derby Road|||| ||||Beeston|||| ||||Nottingham|||| ||||NG9 2TF|||| |Auditor|||Rogers Spencer|||| ||||Newstead
House|||| ||||Pelham
Road|||| ||||Nottingham|||| ||||NG5 1AP|||| |Bankers|||National
Westminst|||r Bank Pic| ||||Smiths Bank Branch|||| ||||16South Parade|||| ||||Notting ham|||| ||||NG1 2JX|||| |Solicitors|||Browne Jacobson||L|| ||||Mowbray
House|||| ||||Castle Meadow|Roa||| ||||Notting
ham|||| ||||NG2 1BJ|||| |Managing|agents||Lambert Smith Ham|||ton| |(commercial||property)|City Gate East|||| ||||Nottingham|||| ||||NG1 IFS|||| |Investment||advisors|Evelyn Partners|||| ||||Loxley House|||| ||||Riverside Business|||ark| ||||Tottle Road|||| ||||Nottingham|||| ||||NG2 1HT|||| ## ## ## ## ||||Page| |---|---|---|---| |Trustees'
report|||1-4| |Statement
of|trustees'|responsibilities|| |Administrator's|report||6-7| |Independent|auditor's|report|8-1Q| |Statement
of|financial|activities|| |Balance sheet|||12| |Notes to the|financial|statements|13-22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |FOR THE YEAR|ENDED 3l|DECEMBER 2022||||| |---|---|---|---|---|---|---| |||||Unrestricted|Unrestricted|| |||||funds||funds| |||||2022||2021| ||||Notes|||| |income from:
Other trading
activities
Charitable
activities
Investments||||72,849
321,828
47,119||69,467
309,009
44,940
4,338,178| |Income from transfer|offunds from|old charity||441,796||4,761,594| |Total income||||||| |||||1,563||694| |Other trading
activities||||362,065||357,226| |Charitable
activities||||363,628||357,920| |Total resources expended||||||| |||||78 168||4403 674| |Net. income before investment||gains|6|(166,742)||216,710| |Net gainsl(losses)|on investments|||||| |||||(88,574)||4,619,384| |Net movement
in|funds|||||| |||||4,619,384||| |Fund balances at|1 January 2022|||4,530,810||4,619,384| |Fund balances at 31 December 2022||||||| ## ## ## |BALANCE SHEE
ASAT 31OECEIN|T
BER 2022||||||| |---|---|---|---|---|---|---|---| |||Notes||2022
f||2021
f|| |Fixed assets
Tangible assets
Investment
properties||13
11
12|||1,735,070
600,000
1,428,871||1,741,617
685,000
1,801,632| |Investments|||||3,763,941||4,228,249| |Current assets
Debtors
Cash at bank and in|hand|14|2
78|,742
,944||53,053
384,225|| ||||80|,686||437,278|| |Creditors: amounts|falling due within|||,817)||(46,143)|| |one year|||||766,869||391 135| |Net current assets
Total assets less current liabilities|||||4,530,810||4,619,384| |Income funds|||||||| |Unrestricted
funds
Designated
funds
General unrestricted|funds|1?|4,5|5,922
4,888|4,530,810|25,922
4,593,462|4,619,384| ||||||4,530,810||4,619,384| ## ## ## ## ## ## ## ## ## ## ## ## ## |
he cost of each compo
economic life.|nent
to its esti|mated
res|idual
val
| |---|---|---|---| |The major components|ofthe housing|properties|and the| |Building structure|||100year
70years| |Roofs
Windows
and doors
Boilers|||30years
15years
20years| |Kitchens
Bathrooms
Heating
and plumbing
Electrics|||30years
30year
40year| |~Solar
aoela:|||| ## ## ## ## ## ## ## ## ||Charitable
activities -ex|pen|diture||| |---|---|---|---|---|---| |||||2022|2021| |||||78,817|56,614| ||Maintenance
Utilities
Other homes expenses
Major works &refurbishment
Depreciation
Administrator's
salary
Insurance
& office expenses
Professionai fees||costs|74,990
72,666
9,175
63,089
22,006
14,266
6,632
2,341|98,389
64,589
22,764
59,802
21,507
10,920
6,652
1,728| ||Gifts, outings
& parties|||343982|342965| |||||18,083|14,261| ||Share ofgovernance
costs||(see note 7)|362,065|357,226| |7|Governance costs|||2Q22|2021| |||||3,785|3,684| ||Administrator's
salary
Audit and accountancy|fees||10,806
3,492|9,087
1,490| ||Legal and professional|fees||18,083|14,261| |Unrestricted|Unrestricted| |---|---| |funds|funds| |2Q22|2021| ||E| |(166,742)|215,710| ## ## ## ## ## ## |12|Fixed asset investments|Listed
investments| |---|---|---| ||Cost or valuation
At 1 January 2022
Valuation
changes|1,801,632
(51,198)
(321,563)| ||Disposals|1,428,871| ||At 31 December 2022|| ||Carrying
amount|1,428,871| ||At 31 December 2022|1,801,632| ||At 31 December 2021|| ## |13|Tangible fixed assets|Freehold
property|So|I|r panels|Fixtures 8
fittings
f
IT|equipment|Total| |---|---|---|---|---|---|---|---|---| ||Cost
At 1 January 2022
Additions|1,932,174
38,794|||47,900|10,601
17,233|515|2,090,675
56,542| ||At 31 December 2022|1,970,968|||147,900|27,834|515|2,147,217| ||Depreciation
At 1 January 2022
Depreciation
charged
in the year
At 31 December 2022|245,289
44,745
290,034|||99,833
14,790
114,623|3,936
3,554
7,490||349,058
63,089
412,147| ||Carrying
amount
At 31 December 2022|1,680,934|||33,277|20,344|515|1,735,070| ||At 31 December 2021|1,686,885|||48,067|6,665||1,741,617| ||The freehold
property
consists ofthe homes at Derby||Ro|||||| ||Houses 1-26, built pre-war
Bungalows
27-50, built in 1958
Bungiaows 51-53,built between 1980|||||86,308
89,815||| ||and 1982
Bungalows
54-56, built in 1985
Bunglaows
57-59, built in 1990
Drury bungalows
practical completion|January 2010||||83,027
125,233
750,198||| ||Capitalisation
of components
on|||||836,387||| ||various properties|||||||| |||||||1,970,968||| ## ## ## |14|Debtors|||2022
K|2021
F| |---|---|---|---|---|---| ||Amounts
falling due|within one year:|||| ||Trade debtors
Other debtors|||21,743|17,966
35,087| ||Prepayments
and accrued income|||21,742|53,053| |15|Creditors: amounts|falling due within one year||2022f|2021| |||||2,901|459| ||Other taxation and social security|||3,108|7,257| ||Trade creditors|||168|981| ||Other creditors|||31,640|37,446| ||Accruals and deferred||income||| |||||37,817|46,143| ## ## ||INovement|| |---|---|---| ||in funds|| |Balance at
1 January
2Q22|Incoming
resources|Balance at
31
December
2Q+| |25,922||25,922| |25,922||25,922| ## ## |NCOME AND EXPE
FOR THE YEAR EN|NDITUR
DED 31|E ACCOUNT
DECEMBER 2022||| |---|---|---|---|---| ||||2022|| ||||f.|| |income
Residents'
maintenance
Miscellaneous
income|and heating|contributions|321,828
146
17,151|309,009
120
15,065| |Solar energy income|||339,125|324,194| |Total income||||| |Expenditure||||| |Management:
Administrator's
salary
Postage, stationery
and
Audit and accountancy|office expenses||25,791
1,730
9,071
9,662|25,191
1,573
9,589
6,711| |Insurance|||46,254|43,064| |Maintenance:
Routine|||58,993
19,824|33,732
22,883| |Painting
and decorating|||78,817|56,615| ||||74,990|98,389| |Utilities||||| |Other expenses:
Warden's
salary and associated
Alarm system/maintenance
Garden maintenance
Cleaning
Telephone
Staff travel and training
Solar panel maintenance||costs|19,391
12,853
22,658
5,215
2,535
464
5,062
355|20,304
11,351
16,163
4,696
2,478
1,019
3,389
2,700| |Hall costs|||4,132|2,488| |Sundries||||| ||||72,665|64,588| ||||272,726|262,656| |Total expenditure||||| ||||66,399|61,538| |Operating
surplus||||| ## ## |FOR THE YEAR EN|DED 3|1DECEMBER 2022||| |---|---|---|---|---| ||||2022f|| ||||55,552|54,282| |Rents receivable||||| |Less|||(1,563)|(694)| |Net property expenses|||53,989|53,588| |Other income
Investment
income|||46,129
991|44,911
29| |Interest receivable|||101,109|98,528| |Total income||||| |Expenditure
Major works and refurbishment
Depreciation
Audit and professional
services
Professional fees
Insurance||costs|9,175
63,090
2,850
9,010
2,874
2,341|22,764
59,802
2,850
4,791
2,635
1,728| |Christmas
gifts|||89,340|94,570| |Total expenditure||||| ||||11,769|3,958| |Operating
surplus||||| ## ## ## ## ## ## ## ## ## ## ## ## ##