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2022-03-31-accounts

Page
Trustees'
Report
Independent
Examiner's
Report
Income and Expenditure Account 10
Balance Sheet
Statement ofChanges in Reserves 13
Notes to the Financial Statements 14

Note 2022 2021
Turnover 51,284 36,984
Cost ofsales (43,885) (81,334)
Operating
surplus
I(deficit) 7,399 (44,350)
Other income 3,700
Interest receivable and similar income
Interest payable
Surplus I(deficit) on ordinary activities before taxation 11„099 (44,350)
Tax on (deficit) on ordinary activities
Surplus I(deficit) for the year 11,099 (44,350)

2022 2021
Note
Fixed assets
Housing
properties
992,694 973,853
Other tangible fixed assets 10,670 13,338
1,003,364 987,191
Current assets
Debtors 175
Cash at bank and in hand 366,013 30,060
Creditors: amounts falling due within one year (1,060,203) (1,061,601)
Net current liabilities 674,015 1,031,541
Creditors: amounts falling due after more than one year 10 (362,600
Total net liabilities (33,251) (44,350)
Reserves
Unrestricted
reserves
(33,251) (44,350)
Total Reserves (33,251) (44,350)

2022 2021
Rental income 51,284 36,984
Total 51,284 36,984
perating co sts
Total Total
Staff Costs
R
Other
R
Depreciation
R
2022
f
2021
F
Housing
management
Housing
maintenance
Administration
6,829
13,017
10,034
12,775 6,829
25,792
10,034
6,674
68,508
4,952
expenditure
Governance
costs 1,230 1,230 1,200
31,110 12,775 43,885 81,334
2021 68,162 13.172
Governance costs include the following: costs include the following: 2022f 2021
Independent Examiner fees 1,230 1,200
commodation owned, managed and in development
Number Number
of units at of units at
start date end date
2022 2021
Social Housing 10
Non Social Housing
TOTAL Housing 10 10

2022 2021
Depreciation of housing properties and components 10,107 9,837
Depreciation of other tangible assets 2,668 3,335

Tangible fixed assets —Housing
properties
for letting
Land and
buildings
Cost:
At 1 April 2021 983,690
Additions 28,948
At 31 March 2022 1,012,638
Depreciation:
At 1 April 2021 9,837
Charge for the year 10,107
At 31 March 2022 19,944
Net book value: 973,853
At 31 March 2021
At 31 March 2022 992,694

Tangible fixed assets —other
Fixtures and
fittings
F
Cost:
At 1 April 2021
16,673
At 31 March 2022 16,673
Depreciation:
At 1 April 2021
3,335
Charge for the year 2,668
At 31 March 2022 6,003
Net book value: 13,338
At 31 March 2021
At 31 March 2022 10,670

Unrestricted Funds
2022 2021
R
Housing
properties
Other tangible fixed
assets 992,694
10,670
973,853
13,338
Debtors 175
Cash at bank and in hand 386,013 30,060
Creditors —amounts falling due with one year (1,060,203) (1,061,601)
Creditors —amounts falling due after more than one year (362,600)
(33,251) (44,350)
13 Capital funding
and commitments
2022 2021
R
Capital expenditure that has been contracted for but has not been
provided for in the financial statements