2023-03-31-accounts

Trustees		Ms L M Hilder Ms T LCooper		(Appointed	18October
				2022)
		Ms LAdamson		(Appointed	13February
				2023)
Charity number		1195511
Company	number	05699019
Registered	office	185Preston Road
		Hull
		East Yorkshire
		England
		HU9 5UY
Auditor		Fawley Judge	& Easton
		Chartered Certified Accountants
		1 Parliament	Street
		Hull
		East Yorkshire
		HU12AS

		Page
Trustees' report		1-3
Statement of trustees'	responsibilities
independent auditor's	report	5-6
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements	10-18

				Unrestricted Unrestricted	Unrestricted Unrestricted
				funds	funds
				2023	2022
			Notes	6
income and endowments		from:
Donations and legacies Charitable activities			3 4	24,181 2,201,004	164,368 1,804,793
Other trading activities Other income			5 6	17,323 26,150	23,730 9,975
Total income				2,268,658	2,002,866
~E* Cht Raising funds			7	17,248	17,475
Charitable activities			8	1,898,540	1,817,684
Total expenditure				1,915,788	1,835,159
Net gains/(losses)	on investments		12	434,463	232,100
Net income for the year/ Net movement in funds				787,333	399,807
Fund balances at 1 April		2022		1,662,939	935,380
Fund balances at	31 March 2023			2,198,037	1,335,187

			2023		2022
		Notes			6
Fixed assets Investment property		14		4,638,470		3,799,573
Current assets Debtors Cash at bank and in hand		15	599,435 24,571		403,640 26,478
			624,006		430,118
Creditors: amounts one year	falling due within	17	(1,408,029)		(1,176,386)
Net current liabilities				(784,023)		(746,268)
Total assets less current liabilities				3,854,447		3,053,305
Creditors: amounts more than one year	falling due after	18		(1,656,410)		(1,718,118)
Net assets				2,198,037		1,335,187
Income funds Unrestricted funds				2,198,037		1,335,187
				2 198037		1,335,187

			2023		2022
		Notes			8
Cash flows from operating activities Cash generated from operations		21		440,054		563,786
Investing activities Purchase of investment property			(404,434)		(743,578)
Net cash used in investing	activities			(404,434)		(743,578)
Financing activities Repayment of bank loans			(37,527)		(46,033)
Net cash used in financing	activities			(37,527)		(46,033)
Net decrease in cash and	cash equivalents			(1,907)		(225,825)
Cash and cash equivalents	at beginning	ofyear		26,478		252,301
Cash and cash equivalents	at end of	year		24,571		26,478

Donations	and legacies
		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		E	8
Donations and gifts Grant released		24,181	20,187 144,181
		24,181	164,368

	Charitable acti	vities
			Provision of	Provision of
			accommoda	accommoda
			tion		tion
			2023		2022
	Rents receivable		2,201,004		1,804,793
	Other trading	activities
			Unrestricted	Unrestricted
			funds		funds
			2023f		2022f
	Shop income		17,323		23,730
6	Other income
			Unrestricted		Unrestricted
			funds		funds
			2023		2022
				5	5
	Other income		28,150		9,975
7	Raising funds

	Rents	receivable
5	Other	trading activities

Raising f	unds
			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			5
T~di Operating	charity	shops	17,248	17,475
			17,248	17,475

Charitable activities
		Provision of Provision of
		accommoda accommoda
		tion	tion
		2023	2022
		E	F
Staff costs Property repairs and renewals Lease costs Housing proactive Rates Bank interest on loans Bad Debt Management charge		313,083 454,990 830,172 75,681 3,955 30,560 13,363 75,000	243,415 475,581 947,913 66,617 7,629 31,379
		1,796,804	1,772,534
Share ofsupport costs (see note 9) Share ofgovernance costs (see note 9)		30,631 71,105	23,693 21,457
		1,898,540	1,817,684

Support costs	Support costs	Governance costs	2023	Support Governance costs costs	Support Governance costs costs	2022
		E	E	E	E	E
Printing, postage and stationery Bank charges Sundry costs Insurance	5 4,323 267 24,301		5 4,323 267 24,301	8 4,248 532 18,905		8 4,248 532 18,905
Computer &software costs	1,735		1,735
Audit fees Legal and professional		2,700 68,405	2,700 68,405		3,060 18,397	3,060 18,397
	30,631	71,105	101,736	23,693	21,457	45,150
Analysed between Charitable activities	30,631	71,105	101,736	23,693	21,457	45,150

	hl	number	ofemployees	during the year was:
he average	monty				2023	2022
					Number	Number
					14	10
Employment	costs				2023	2022 E
Wages and	salaries				313,083	243,415

Unrestricted	Unrestricted
funds	funds
2023	2022
	8
434,463	232,100

investment property
		2023
		F
Fair value At 1 April 2022 Additions through external Net gains or losses through	acquisition fair value adjustments	3,799,573 404,434 434,463
2023		4,638,470

15	Debtors	2023	2022
	Amounts falling due within one year:	6	6
	Trade debtors Other debtors Prepayments and accrued income	546,746 11,944 40,745	341,118 32,131 30,391
		599,435	403,640
16	Loans and overdrafts	2023	2022
			6
	Bank loans	653,610	691,137
	Payable within one year Payable after one year	33,250 620,360	33,250 657,887

Creditors:amounts	fallingdue within one year
		Notes	2023f	2022 6
Bank loans Trade creditors Other creditors Accruals and deferred	income	16	33,250 150,616 1,221,523 2,640	33,250 136,951 1,003,545 2,640
			1,408,029	1,176,386

Creditors:	amounts	falling due after more than one year
				2023	2022
			Notes
Bank loans Government	grants		16 19	620,360 1,036,050	657,887 1,060,231
				1,656,410	1,718,118

Government grants	(	Continued)
	2023 6	2022f
Deferred income is included within: Non-current liabilities	1,036,050	1,060,231
Movements in the year: Deferred income at 1 April 2022 Released from previous periods	1,060,231 (24,181)	1,084,412 (24,181)
Deferred income at 31 March 2023	1,036,050	1,060,231

The following amounts	were outstanding at	the reporting end date:
			Amounts owed to related
			parties
			2023	2022
				6
Other related parties			992,864	1,002,876
Cash generated from	operations		2023f	2022 6
Surplus for the year			787,333	399,807
Adjustments for: Fair value gains and losses on investment		properties	(434,463)	(232,100)
Movements in working (Increase) in debtors Increase in creditors (Decrease) in deferred	capital: income		(195,795) 307,160 (24,181)	(97,496) 517,756 (24,181)
Cash generated from	operations		440,054	563,786

22	Analysis of changes in net (debt)/funds	At 1 April 2022f	Cash 1lowsAt 31 March 2023 f	Cash 1lowsAt 31 March 2023 f
	Cash at bank and in hand	26,478	(1,907)	24,571
	Loans falling due within one year Loans falling due after more than one year	(33,250) (657,887)	37,527	(33,250) (620,360)
		(664,659)	35,620	(629,039)