2021-12-31-accounts

Board ofTrustees	Board ofTrustees	Board ofTrustees	Board ofTrustees				Mrs. E.M. Webster (Chairman)	Mrs. E.M. Webster (Chairman)	Mrs. E.M. Webster (Chairman)
							Mr. R.J.Richards
							Mr. P. Cannon (Vice Chairman)
							Mrs. B.Connelly
							Mrs A Cooper (appointed		19.02.21)
							Mrs C Steer (reappointed		28.01.22)
Officers:
Clerk							Mrs. G.S.Caunt
Officer							Mrs M.J.Servant
Homes Manager (Warden):							Mrs. W. Hulme
Maintenance			Manager:				Mr. C. Hulme
Principal	Address:						Le Personne Homes
							Banstead Road
							Caterham
							Surrey
							CR3 5SW
Charity	no.						200290
Regulator of			Social Housing		registration	no.	A0056
Almshouse		Association		no.			M643
Auditors:							Richard Place Dobson Services Limited
							1-7Station Road
							Crawley
							West Sussex
							RH10 1HT
Solicitor:							Gulland Solicitors
							16 Mill Street
							Maidstone
							Kent
							ME15 6XT
Bankers:							The Co-Operative	Bank Pic
							80 Cornhill
							London
							EC3V 3NJ

profile ofthe residents	at the end of	2021 was as
90years and above	3	(2)
85 to 89	7	(6)
80 to 84	3	(4)
75 to 79	7	(7)
70 to 74	15	(12)
Below 70	6	(7)

		2021		2020
	Note
Turnover
Housing income		345,007		295,049
Operating expenditure		(307,737)		(237,752)
Operating surplus		37,270		57,297
Income from fixed asset investments		118		126
Grant income
Interest receivable
Interest payable and similar charges		(24,014)		(21,664)
Gains/(Losses) on investments		763		(365)
Total comprehensive Income for the year		14,137		35,394
On behalf ofthe Board:
d'(A)ehdk
E,Webster, Chairman			P Ca non

					2021	2020
				Note		f.
Fixed assets
Tangible fixed assets				6	3,498,233	3,484,516
Investments				7	7,506	6,743
					3,505,739	3,491,259
Current assets
Debtors				8	19,540	17,323
Cash at bank and in hand					72/28	124,351
					91,768	141,674
Creditors: amounts	falling due within		one year	9	(103,769)	(113,086)
Net current assets					(12,001)	28,588
Total assets less current		liabilities			3,493,738	3,519,847
Creditors: amounts	falling due after		more than one year	10	(1,040,507)	(1,080,753)
Total net assets					2,453,231	2,439,094
Reserves:
Income and expenditure		reserve		11	1071,566	1,258,192
Revaluation reserve				11	3,651	2,888
Restricted reserve				ll	660	660
Designated reserve				11	1,177,354	1,177,354
Total Reserves					2,453,231	2,439,094

		Income and
		expenditure	Revaluation	Restricted	Designated
		reserve	reserve	reserve	reserve	Total
At 01.01.20		1,222,433	3)253	660	1,177,354	2,403,700
Surplus/(deficit) for	the year	62,742			(26,983)	35,759
Revaluation offixed	asset
investments			(365)			(365)
Total comprehensive	income	62,742	(365)		(26,983)	35,394
Transfers		(26,983)			26,983
At 31.12.20 and 01.01.21		1,258,192	2,888	660	1,177,354	2,439,094
Surplus / (deficit) for	the year	132,595			(119,221)	13)374
Revaluation offixed	asset		763			763
investments
Total comprehensive	income	132,595	763			14,137
Transfers		(119,221)			119,221
At 31.12,21		1,271,506	3,651	660	1,177,354	2,453,231

		2021	2020
	Note	f
Cash floiv from operating activities	12	33,706	335,524
Interest paid		(24,014)	(21,664)
Net cash flow from operating activities		9.692	313,860
Cash flow from investing activities
Payments to acquire tangible fixed assets		(28,837)	(419&093)
Receipts from disposing ofinvestments
Dividends &interest received		118	126
Net cash floiv from investing activities		(28,719)	(418„))67)
Cash flow from financing activities
Acquisition ofnew loan			250,000
Repayment oflong term loans		(33&096)	(59,290)
Net cash flow from fiaancing activities		(33,096)	190)710
Net increase I(decrease) in cash and cash equivalents		52,123	85,603
Cash and cash equivalents at01.01.2021		124,351	38,748
Cash and cash equivalents at31.12.2021		72428	124351

residual	value, ofea	ch asset on a systema	tic basis over its expected useful life
Land			No depreciation charged
Housing	properties,	fabric	1.33%straight line
Housing	properties,	roof	2%straight line
Housing	properties,	windows	3.33%straight line
Lifls/solar	panels		4%straight line
Boilers			5%straight line
Fixtures and fittings			10%straight line

2	Accommodation	Accommodation	owned and in management	owned and in management	owned and in management
								Number		of	Number
								units	at		ofunits at
								31,12.21			31.12.20
	Completed units:
	Housing for		older	people				43			43
	Housing used by			staff				1			1
								44			44
3	Surplus	on ordinary		activities
	Surplus	on ordinary activities is stated after				charging	/ (crediting):
								2021			2020
	Auditor's	remuneration		(including	expenses	and			6,360		6,360
	benefits	in kind)	for audit services
	Auditor's	reiuuneration		(including	expenses	and
	benefits	in kind)	for non-audit services
	Depreciation of		tangible fixed assets					18&620			15,737
	(Gains) /	Losses	on fair value movement of			investments			(763)		365

			2021	2020
			Number	Number
Average number ofstaff involved		in day to day running ofhome:
Employees
Officers
			3	3
Employment	costs
			2021	2020
			g
Wages and salaries			72,831	73,197
Social security			2,395	2,086
Pension contributions			4,327	4,243
			79)553	79,526

	Housing	Plant and	Fixtures
	Properties	machinery	and	Total
	for letting		fittings
Cost or valuation:
At 01.01.21	3,322,053	395,183	193,726	3&910 &162
Additions	3,500		28,837	32&337
At 31.12.21	3,325,553	395,183	222,563	3,943,299
Depreciation:
At 01.01.21		239,463	186,983	426,446
Charge for the year		12,366	6,254	18,620
At 31.12.21		251,829	193,237	445,066
Net book value:
At 31.12.21	3,325,553	143,354	29,326	3,498,233
At 31.12.20	3,322,053	155,720	6,743	3,484,516

The net book value ofland and buildings comprised	:
	2021	2020
		f.
Land and buildings:
Freehold	3,325,553	3,322,053
Long leasehold
Short leasehold
	3,325,553	3,322,053

			Listed
			investment	Total
			f.	f.
	Cost or valuation
	At start date 2021		6,743	6,743
	Additions
	Disposals
	Revaluation		763	763
	At end date 2021		7,506	7,506
	Carrying amount:
	At end date 2021		7)506	7,506
	At end date 2020		6,743	6,743
	The historical cost ofinvestments	is:
	At 31December 2021
	At 31December 2020					3	55
8	Debtors
					2021	2020
	Trade debtors				10,397	8,769
	Prepayments and accrued income				9)144	8,554
					19,541	17,323

						Movement in funds
				Balance	Incoming	Resources	Transfers	Balance
				at 1.1.21	resources	expended		at
								31,12.21 f
Income	and	expenditure	reserve	1258192	343 512	~270917	~779 21	1271566
				1,255 192	343 512	~!1091	~119 21	1271566

				Movement in funds
		Balance	Incoming	Resources	Transfers	Balance
		at 1.1.21	resources	expended		at
						31.12.21
Le Personne Memorial	Fund	303				303
Social Activities Fund Royal visit		357	850	~250		357
		660	11511	~850		660

					Movement	in funds
			Balance	Incoming	Resources		Transfers	Balance
			at	resources	expended		Igains &	at
			1.1.21				losses	31.12.21
Cyclical Maintenance		fund	30,000		(119,221)		119,221	30,000
Extraordinary Repair fund			2,615					2,615
ERF Revaluation	fund		1,129				493	~1622
			3,744				493	4/37
Development fund			1,239					1,239
DFRevaluation	fund		1,759				270	~2029
			2,998				270	3,268
Social Housing	grant fund		1,141500					1,143,500
			1180242		~ll9	221	119984	1101,005
Investment Revaluation		Reserve	2 888				763	3651
Designated Fund			1,177,354		119,221		119221	1,177354

											2021	2020
	Surplus for the year										141137	35,394
	Interest payable										24,014	21,664
	interest received										(118)	(126)
	Depreciation and impairment			oftangible	fixed	assets					18,620	15,737
	(Gains) / losses on investments										(763)	365
	(Increase) Idecrease in trade and other debtors										(2,218)	244,558
	Increase I(decrease) in trade and other creditors										(19,966)	17,932
	Net cash flow from operating			activities							33,706	335,524
13	Financial Instruments
	The carrying amounts ofthe financial instnunents						are as follows;
											2021	2020
	Financial assets
	Measured at fair value through			the statement ofcomprehensive					income:
	- Fixed asset listed investments			(note 7)							7,506	6,743
											79506	6.743
	Debt instruments measured		at	amortised	cost;
	-Trade debtors (note 8)										10,397	8,769
	—Other debtors (note 8)										9,144	8,554
											19,541	17,323
	Financial liabilities
	Measured at amortised cost
	-Bank loans and overdrafl	(notes 9 —10)								1,128,609		1,161,706
	—Other creditors (notes 9)										11,426	32,133
										1,140,035		1,193,839
	The income, expenses, net	gains and net			losses	attributable		to the financial		instruments	are summarised	as
	follows:
											2021	2020
												f.
	fncante and expense
	Financial liabilities measured			at amortised cost							24 014	21 664
	Net gai ns and losses (including changes infair Financial assets measured at fair value through					value) the statement ofcomprehensive					763	365
	income