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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||||
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|||||||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||
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|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)|
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|At|the|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|||
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||||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||
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|||||||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„!+!.
......,||||
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||||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|
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|||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|
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|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|
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|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)|
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|||||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|
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||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||||
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||2022|2021|
|---|---|---|
|Bank loans and overdraAs|91,602|91,602|
|Accruals|23,877|12,167|
|Defened income|||
||115,479|103,769|
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||2022|2021|
|---|---|---|
|Bauk loans and overdrafts|985,047|1,040,507|
|Accruals|||
||90. 047|1040007|
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|||||||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|
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|||||||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||
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|||||||||||||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|||||||||||||