## ## |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|||||||||||| ## ## ## ## ##