2022-12-31-accounts

Statement ofFinancial	Statement ofFinancial	Activities for	the year ended 31 December 2022	the year ended 31 December 2022	the year ended 31 December 2022
			General	e— Designated		funds —s	2022	2021
			fund	Capital			Total	Total
				Settlement	Replacement	Revaluation	funds	funds
				fund	fund	fund
			f		f	f
Income from:
Investment income
Other rental income			30,944				30,944	30,716
Bank interest —gross			33				33	6
			30,977				30,977	30,722
Charitable activities
Rent from charitable	lets		30,401				30,401	26,742
Council tax refund								1,158
			30,401				30,401	27,900
Total income			61,378				61,378	58,622
Expenditure on:
Charitable activities
Grants (note 3)
Service charges			10,328				10,328	9,027
Ground rent			140				140	140
Repairs and refurbishment			3,245				3,245	1,745
Depreciation			1,631			6,202	7,833	7,833
Independent examiner's		fee	3,300				3,300	3,360
Secretarial assistance			13,653				13,653	13,477
Professional and other expenses			2,400				2,400	1,200
Total expenditure			34,697			6,202	40,899	36,782
Gains on investment	properties					50,000	50,000
Net income			26,681			43,798	70,479	21,840
Net movement in funds			26,681			43,798	70,479	21,840
Fund balances at start ofthe year			116,905	409,670	3,515	1,165,993 1,696,083		1,674,243
Fund balances at end ofthe year			143,586	409,670	3,515	1,209,791 1,766,562		1,696,083

	Tangible	Investment
	assets	property
	F	F
Cost or valuation
At 1 January 2022	1,178,516	350,000
Revaluation addition		50,000
At 31 December 2022	1,178,516	400,000
Depreciation
At 1 January 2022	58,346
Charge for the year	7,833
At 31 December 2022	66,179
Net book value
As at 31 December
2022	1,112,337	400,000
As at 31 December
2021	1,120,170	350,000

		2022	2021
Rents	in advance	305	296
Accruals		6,426	3,126
Trade	creditors	1,153	4,605
		7,884	8,027

			Freehold
		Leasehold	interest in flats	Total	Replacement	Capital	Total
		flats	and garages	revaluation	fund	settlement
		revaluation	revaluation	fund		fund
			F			F
Balance at
1 January	2022	886,954	279,039	1,165,993	3,515	409,670	1,579,178
Movement	in
the year		(6,202)	50,000	(6,202)			43,798
Balance at	31	880,752	329,039	1,209,791	3,515	409,670	1,622,976
December	2022
			Freehold
		Leasehold	interest in flats	Total	Replacement	Capital	Total
		flats	and garages	revaluation	fund	settlement
		revaluation	revaluation	fund		fund
		F	F	F		F
Balance at
1 January	2021	893,156	279,039	1,172,195	3,515	409,670	1,585,380
Movement	in
the year		(6,202)		(6,202)			(6,202)
Balance at	31	886,954	279,039	1,165,993	3,515	409,670	1,579,178
December	2021