2023-12-31-accounts

Governing	instrument	instrument	Charitable	Incorporated	Incorporated	Organisation	'Foundation'	model
			constitution
Trustees			The Reverend	N Weir		(Chairman)
			Mr BInnis
			Mr IMalik
			Ms M Beaven
			Mr TMurphy
			Ms C Kakai
			Ms EDavis
			Ms A Crump
Clerk to the Trustees			The Trust Partnership
Charity registered		number	1195199
Regulator	ofSocial	Housing Agency No	5154
Registered	address		46 StJames's	Gardens
			London
			Wl 1 4RQ
Managing	agent		Harrison Housing
			46 StJames's	Gardens
			London
			Wl 1 4RQ
Independent	Examiner		MHA
			Chartered Accountants
			MHA House
			Charter Court
			Swansea Enterprise		Park
			Swansea
			SA7 9FS
Bankers			CAF Bank Ltd
			25 Kings Hill Avenue
			Kings Hill
			West Mailing
			Kent
			ME194JQ

			Note
				Unrestricted	Endowment	Total	Total
				Funds	Funds	Funds	Funds
				2023	2023	2023	2022
INCOME FROM
Charitable activities				79,999		79,999	76,008
Investments				11,367		11,367	10,216
TOTAL INCOME				91,366		91,366	86,224
EXPENDITURE ON
Charitable activities				(58,704)	(10,526)	(69,230)	(61,420)
TOTAL EXPENDITURE				(58,704)	(10,526)	(69,230)	(61,420)
Net gains/(losses) on		investments		2,209	3,707	5,916	(7,977)
NET INCOME				34,871	(6,819)	28,052	16,827
TRANSFER BETWEEN FUNDS			12
NET MOVEMENT	IN FUNDS			34,871	(6,819)	28,052	16,827
RECONCILIATION		OF FUNDS
Total funds brought	forward			202,159	537,472	739,631	722,804
Total funds carried	forward		12	237,030	530,653	767,683	739,631

				Notes	2023	2022
FIXEDASSETS
Tangible Assets					369,452	379,978
Investments					291,669	274,620
					661,121	654,598
CURRENT ASSETS
Debtors					3,106	2,886
Cash &bank					129,252	102,746
					132,358	105,632
CURRENT LIABILITIES
CREDITORS: Amounts	falling	due	within
one year					(25,796)	(20,599)
NET CURRENT ASSETS					106,562	85,033
TOTAL ASSETSLESSCURRENT
LIABILITIES					767,683	739,631
CAPITAL AND RESERVES
Endowment fund				12	530,653	537,472
General fund (Unrestricted)				12	202,030	172,159
Designated funds (Unrestricted)				12	35,000	30,000
					767,683	739,631

Asset Lives	Years
Building	100
Roof	70
Windows	30
Boilers	15
Kitchen	20
Bathroom	30
Mechanical	30
Electrics	40

2	Analysis ofincome from charitable	Analysis ofincome from charitable	Analysis ofincome from charitable	activities	activities
							2023	2022
	Full occupancy maintenance	contributions					79,999	76,008
	Voids from vacant properties
	Contributions receivable						79,999	76,008
3	Investment income
							2023	2022
	Dividends and interest from	listed investments					11,367	10,216
							11,367	10,216
4	Expenditure on charitable	activities
							2023	2022
	Direct costs
	Routine repairs and maintenance						22,464	16,193
	Cyclical maintenance
	Total expenditure on properties						22,464	16,193
	Support costs
	Light and heat						8,618	8,187
	Insurance						1,948	1,753
	Garden maintenance						1,271	898
	Sundry expenses						285	1,086
	Management charges						16,330	15,363
	Clerk's remuneration						3,010	2,332
	Subscriptions						578	565
	Governance costs - Independent		examiner's		remuneration		4,200	4,440
	Other professional fees
	Depreciation offreehold improvements						10526	10,603
	Total expenditure on charitable		activities				69,230	61,420
	The Charity has employed no staff in			either	accounting	period.

5	Result on ordinary activities	2023	2022
	Result on ordinary activities is stated after charging
	Independent examiner's fee	4,200	4,440
	Depreciation oftangible fixed assets	10,526	10,603
		14,726	15,043

6	Tangible fixed assets
			2023	2022
	Cost
	Freehold Properties		498,800	498,800
	Building Equipment		19,130	19,130
	Depreciation
	B'fwd 1 January 2023 Charge for the year/period		(137,952) ~10,326	(127,349) ~10603
	31December 2023		~148,478	~137,932
	Net book value
	At 31 December 2022 brought	forward	379,978	390,581
	At 31 December 2023 carried	forward	369,452	379,978

Investments
			2023f	2022f
Carrying value	(market value) at beginning	ofperiod	274,620	272,467
Add: Dividend	reinvestment		11,133	10,130
Less: Disposals Net gain/(Loss)	at carrying value on revaluation		5,916	~7,977
Carrying value	(market value) at end ofperiod		291,669	274 620
			2023	2022
Breakdown by	class
Listed investments			291,669	274,620
At Historical Cost			94,939	94,939

8	Debtors
		2023	2022
	Rent Arrears	681	704
	Prepayments	2,425	2,182
		3,106	2,886

9	Creditors	and accrued expenses
			2023	2022
	Amounts	falling due within one year
	Trade Creditors		14,135	8,744
	Rent in	advance	332
	Accruals	and Sundry Creditors	11,329	11,855
			25,796	20,599

11Analysis ofnet assets between fund	11Analysis ofnet assets between fund	11Analysis ofnet assets between fund	s
As at 31December 2023
			Designated	General	Endowment	Total
			Fund	Fund	Fund	Funds
Freehold housing		properties			369,452	369,452
Investments			35,000	95,468	161,201	291,669
Net current	assets			106,562		106562
			35,000	202,030	530,653	767,683
As at31December		2022
			Designated	General	Endowment	Total
			Fund	Fund	Fund	Funds
Freehold housing		properties			379,978	379,978
Investments			30,000	87,126	157,494	274,620
Net current	assets			85,033		85,033
			30,000	172,159	537,472	739,631
12Funds
As at 31December		2023
			Designated	General	Endowment	Total
			Fund	Fund	Fund	Funds
Balance as	at 31December 2022		30,000	172,159	537,472	739,631
Income				91,366		91,366
Expenditure				(58,704)	(10,526)	(69,230)
Investment Transfers	gains		5,000	2,209 ~5,000	3,707	5,916
Balance as	at 31December 2023		35,000	202,030	530,653	767,683

s at31De	cember 2022
		Designated	General	Endowment	Total
		Fund	Fund	Fund	Funds
Balance at	1January 2022	25,000	144,730	553,074	722,804
Income			86,224		86,224
Expenditure			(50,817)	(10,603)	(61,420)
Investment Transfers	gainsl(losses)	5,000	(2,978) ~5,000	(4,999)	7,977
Balance at	31December 2022	30,000	172,159	537,472	739,631