2022-12-31-accounts

CONTENTS
	Page
Report ofthe Trustees	1-2
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes tothe Financial Statements	6-9

	Note	2022	2021
INCOMING RESOURCES
Maintenance contributions	1(b)	107,368	36,960
Investment and other income	5	20,441	6,539
Total incoming resources		127,809	43,499
RESOURCES EXPENDED
Interest payable and similar charges		0	0
Property and administration costs	10	65,640	22,606
Routine maintenance		15,195	5,206
Cyclical/extraordinary maintenance		8,480	30,581
Total resources expended		89,315	58,393
NKT INCOMING RESOURCES		38,494	-14,894
TRANSFERS BETWEEN FUNDS
Future repairs reserve			-27,353
			-27,353
NET INCOMING RESOURCES AFTER TRANSFERS		38,494	42,247
Unrealised investment gains/(losses)		-14,868	11,279
NET MOVEMENT IN FUNDS		23,626	-30,968
Balance brought forward		23,047	54,015
ACCUMULATED GENERAL RESERVE AT31DECEMBER		46,673	23,047

		Note	2022	2021
FIXEDASSETS
Housing properties			158,518	15$,518
Long term investments			32,943	34,003
			191,461	192,521
CURRENT ASSETS
Investments			511,855	507,841
Debtors			4,296	3,925
Cash at bank and in hand			35,193	12,808
			551,344	524,574
CREDITORS
Amounts falling due	within one year		-5,747	-2,603
NET CURRENT ASSETS			545,597	521,971
TOTAL ASSETSLESSCURRENT LIABILITIES			737,05$	714,492
CREDITORS
Amounts falling due	aller more than one year
			737,05$	714,492
CAPITAL AND RESERVES
Capital funds
Property investment	fund		158,518	158,518
Long tenn investment	fund		32,943	34,003
			191,461	192,521
Reserves
Future repairs reserve (designated)			498,924	498,924
Accumulated general	reserve		46,673	23,047
			737,058	714,492

		Moretons
		Court	Colltherst	Willards
		(Cost)	(Cost)	(Valuation)
		8		6
Cost or valuation
At At	1 January 2022 31December 2022	67517 67517	57406 57406	33595 33595	158,518 158518

	for	the		1J	snne 2022to31Oecetn	her 2022
Note						2022	2021
5	INVESTMENT AND	OTHER INCOME				E	E
	Interest receivable fmm		bank deposits			73	1
	Accumulation share	income				18,882	5,904
	Dividend income					1,305	634
	Other income					181
						20,441	6,539
6	FIXEDASSETS
	Freehold property
	Moretons Court					67,517	67,517
	Collthemt					57,406	57,406
	Willards					33,595	33,595
	Total BookValue ofProperty					158,518	158,518
7	Long term investments:					34,003	33,477
	Market value adjm't					1,060	526
						32,943	34,003
	Total fixed assets					191,461	192,521
8	CURRENT ASSETINVESTMENTS
	M &GAccumulated	Investment		Fund		507,841	490,658
	Withdrawal
	Accumulated income					4,014	5,904
	Market value adjustment						11,279
						511,855	507,841
9	CREDITORS: Amounts		faging	due within one year
	Amounts owing and	accruals				5,747	2,603
						5,747	2,603
10	PROPERTY AND ADMINISTRATION				COSTS
	Estele casts:
	llisurance					5,582	2,984
	Heating and lighbng					21,384	5,716
	Water charges					3,585	1,449
	Gardening					3,896	1,087
	Security					2,690	699
	Management fee					20,297	4,618
	Other property expenses					554
						57,988	16,553
	Orgce overheadsi
	Clerk's fees and expenses					5,000	2,500
	Independent Examiner's		Remuneration			1,098	1,100
	Legal fees					45	1,921
	Bank charges					81	48
	Subscription					285	276
	Sundries					1,143	208
						7,652	6,053
	Total					65,640	22,606