2022-12-31-accounts - The Mrs Henrietta Frances Le Personne Benevolent Trust

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Board ofTrustees	Board ofTrustees	Board ofTrustees	Board ofTrustees			Mrs. E.M. Webster (Chairman)	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 A. Cooper
						Mrs C Steer (appointed		2tt/01/22)
Offlcers:
Clerk						Mrs. G.S.Caunt
Offlcer						Mrs M.J.Servant	(resigned		11/03/22)
Homes Manager (Warden):						Mrs. R Brignell
Maintenaace			Manager:			Mr. l. Windwood
Principal	Address:					Le Personne Homes
						Banstead Road
						Caterham
						Surrey
						CR3 SSW
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 IHT
Solicitor:						Gulland Solicitors
						16Mill Street
						Maidstone
						Kent
						ME)5 6XT
Bankers:						The Co-Operative	Bank	Pic
						80 Cornhill
						London
						EC3V 3NJ

						Page
Legal and administrative		information
Trustees' report					3-7
Statement ofboards'	responsibilities
Auditors report					9-	10
Statement ofcomprehensive			income (inc Income and Expenditure	account)
Balance Sheet					12
Statement ofchanges	in	reserves			13
Statement ofcash flows					14
Notes to the accounts					15-26

profile ofthe residents	at the end of	2022 was as
90years and above	2	(5)
85 to 89	7	(7)
80to 84	5	(5)
75 to 79	12	(7)
70to 74	9	(15)
Below 70	7	(6)

end of2022 the Trust's	reserves (2021 in brackets) were:	reserves (2021 in brackets) were:
Cash in bank	8127,865	(f72,228)
Investmeuts	f7 437	(~87 506
TOTAL

			2022		2021
		Note
Turnover
Housing income			379,302		345,007
Operating expenditure			(235,092)		(307,737)
			144,210		37,270
Operating surplus
Income trom fixed asset investments			126		118
Grant income
Interest receivable
Interest payable and similar charges			(36,142)		(24,014)
Gains/(Losses) on investments			(68)		763
Total comprehensive	income for the year		108,126		14,137
On behalf ofthe Board
E.Webster, Chairman				C Steei

						2022	2021
					Note
Fixed assets
Tangible fixed assets						3,498,302	3,498,223
luvestments						7,437	7,506
						3,505,739	3,505,739
Current assets
Debtors						28,278	19,540
Cash at bank and in baud						127,865	72328
						156,143	91,768
Creditoixo atnounts	falling due ivithin		one year			(115,478)	(103,769)
Net current assets						40,665	(12,001)
Total assets less current		liabilities				3,546,404	3,493,738
Creditors: amounts	falling due after		more than one	year	10	(985,047)	(1,040,507)
Total net assets						2,561&357	2,453,231
Reserves:
Income and expenditure		reserve			ll	1,380,031	1,271,566
Revaluation reserve					Il	3,583	3,651
Restricted reseive					Il	389	660
Designated reserve					ll	1,177,354	1,177,354
Total Reserves						2,561,357	2,453,231
The financial statements		were approved	and authorised	for issue by the Board on ....~.t„!+!. ......,

			Income and
			expenditure	Revaluation	Restricted	Designated
			reserve	reserve	reserve	reserve	Total
At 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
investments				763			763
Total comprehensive		income	132,595	763		(119,221)	14,137
Transfers			(119,221)			119,221
At 31.12.21	and 01.01.22		1&271,566	3,651	660	1,177,354	2,453.231
Surplus / (deficii) for		the year	114,475		(271)	(6,010)	108,194
Revaluation	offixed asset			(68)			(68)
investments
Total comprchcnsive		income	114,475	(68)	(271)	(6,010)	108,126
Transfers			(6,010)			6,010
At31.12.22			1&380&031	3&583	389	1,177&354	2&561/57

		2022	2021
	Note		8
Cash floiv from operating activities	12	167,501	33,706
Interest paid		(36,142)	(24,014)
Net cash flow from operating activities		131,359	9.692
Cash flow from investing activities
Payments to acquire tangible fixed assets Receipts from disposing ofinvestments		(20,388)	(28,837)
Dividends &iniercst received		126	ll8
Net cash flow from investing activities		(20&262)	(28,719)
Cash tloiv fram financing activities
Acquisition ofnew loan
Repayment oflong tenn loans		(55,460)	(33,096)
Net cash floiv from financing activities		(55,460)	(33,096)
Net increase /(decrease) in cash and cash equivalents		55,637	(52,123)
Cash and cash equivalents at 01.01.2022		72,228	124,351
Cash and cash equivalents at31.12.2022		127868	72,228

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 liue
Housing	properties,	windows	3.33%straight line
Lifls/solar	panels		4%straight line
Boilers			5%straight linc
Fixtures and fittiogs			10%straight liue

2	Accommodation owned and in management	Accommodation owned and in management	Accommodation owned and in management	Accommodation owned and in management	Accommodation owned and in management
						Number		of	Number
						units	at		ofunits at
						31.12.22			31.1221
	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 atter charging /(crediting):
						2022f			2021
	Auditor's	remuneration	(including		expenses and		6,600		6,360
	benefits	in kind) for audit services
	Auditor's	reinuneration	(including		expenses and
	benefits	in kind) for non-audit		services
	Depreciation oftangible fixed assets					20,319			18,620
	(Gams) /	Losses on fair value		movement ofinvestruents				68	(763)

				2022	2021
				Number	Number
Average	number ofstaff involved		in day to day nuining ofhome:
Employees
Officers
				3	3
Employment		costs
				2022 8	2021f
Wages and salaries				72,748	72,831
Social security				1,426	2,395
Pension	coutributions			5,548	4,327
				79,722	79,553

	Housing	Housing	Plant and	Fixtures
	Properties		machinery	and fittings	Total
	for	lettiug
		f
Cost or valuation:
At 01.01.22	3,325,553		395,183	222,563		3,943,299
Additions				20,388		20388
At 31.12.22	3~325)553		395~183	242~951		3,963,687
Depreciation:
At 01.01.22			251,829	193,237		445,066
Charge for the year			12,367	7,952		20s319
At 31.12.22			264,196	201,189		465,385
Net book value:
At 31.12.22	3,325,553		130,987	41,762		3,498,302
At 31.12.21	3,325,553		143,354	29,326		3,498,230
The net book value ofland aud buildings		comprised:
					2022f	2021 f.
Land and buildings;
Freehold					3,325.553	3,325,553
Long leasehold
Short leasehold
					3,325.553	3,325,553

		Listed
		investment	Total
		6
Cost or valuation
At start date 2022		7,506	7,506
Additions
Disposals
Revaluation		(68)	68)
At end date 202		7,437	7,437
Carrying alllornlt;
At end date 2022		7,437	7,437
At end date 2021		7,506	7,506
The historical cost ofinvestments	is:
At 31 December 2022
At 31 December 2021

	2022	2021
Bank loans and overdraAs	91,602	91,602
Accruals	23,877	12,167
Defened income
	115,479	103,769

	2022	2021
Bauk loans and overdrafts	985,047	1,040,507
Accruals
	90. 047	1040007

						Movement in funds
				Balance	Incoming	Resources	Transfers	Balance
				at 1.1.22	resources	expended		at
								31.12.22
Income	and	expenditure	reserve	1271566	379428	~204953	~6010	13807131
				~171566	3794277	~264953	~6010	13807738

				Movement	in funds
		Balance	Incoming	Resources		Transfers	Balance
		at 1.1.22	resources	expended			at
							31.12.22
Le Persoiuie Memorial	Fund	303			(130)		173
Social Activities Fund		357			(I41)		216
		660			271		389

						Movement	in funds
				Balance	1llcomlllg	Resources		Transfer	Balance
				at	resources	expended		s/gains		at
				1.1.22				&fosses	31.12.22
				f.
Cyclical Maintenance			fund	30,000		(6,010)		6,010		30,000
Exhuordinary	Repair fund			2,615				3,166		5&781
ERF Revaluation		fund		1,622				34		1,656
				4,237				3,200		7,437
Development fund DF Revaluation fund				1,239 2,029				(1,239) (2,029)
				3,268				(3,268)
Social Housing		grant fund		I 143,500					I	14358II
				I 1811185		~8919		5 942	I	18&1937
Investment Revaluation			Reserve	3651				68		3583
Designated Fund				I 177354		6	010	6010	I 177354

												2022	2021
												f
	Surplus for the year											108,126	14,137
	Interest payable											36,142	24,014
	Interest received											(126)	( I I8)
	Depreciation and impairment				oftangible	fixed	assets					20&319	18,620
	(Gains) / losses oii iiivestments											68	(763)
	(Increase) / decrease in trade			and other debtors								(8,737)	(2,218)
	Increase / (decrease) in trade			and other creditors								11,709	( I9,966)
	Net cash tloiv from operating				activities							167,501	33,706
13	Financial instruments
	The canying amouuts ofthe financial instrumeots							are as follows:
												2022	2021
	Finunc/a/ nssels
	Measured at fair value tluough				the statement ofcomprehensive					iucome:
	- Fixed asset listed investments				(note 7)							7,347	7,506
												7,437	7,506
	Debt instruments measured		at		amortised cost:
	—Trade debtors (note 8)											12,424	10,397
	—Other debtors (note 8)											15,855	9,144
												28,279	19,541
	Financin/ liahih'lies
	Measured at amortised cost
	—Bank loans and overdrait	(notes 9—10)									1,076,649		1,128,609
	-Other creditors (notes 9)											23,877	11,426
											1,100,526		1,140,035
	The income, expenses, net	gains and net losses					attributable		to the fiuancial		instruments	are sununarised	as
	follows:
												2022	2021
													f.
	/ncame aird expense
	Finmicial liabilities measured			at amoitised		cost					~36 142		24014
	Ne/gains and losses (including				changesin	fair	value)
	Financial assets measured	at	fair value thmugh				the	statement ofcomprehensive				68	~763
	incotne