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2020-12-31-accounts

	Page
Report ofthe Trustees	1 to	3
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements	7 to	14
Detailed Statement ofFinancial Activities	15
Investment schedule	16

				2020	2019
				Total funds	Total
				(Unrestricted)	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Maintenance contributions	from residents			25,022	23,336
Investment income				10,817	10,552
Total				35,839	33,888
EXPENDITURE ON
Charitable activities
Charitable activities				25,267	28,080
Total				25,267	28,080
Net gains/(losses) on investments				1,502	43,000
NET INCOME/(EXPENDITURE)				12,074	48,808
RECONCILIATION OF FUNDS
Total funds brought forward				426,739	377,931
TOTAL FUNDS CARRIED FORWARD				438,813	426,739

			2020	2019
			Total funds	Total
			(Unrestricted)	funds
		Notes
FIXEDASSETS
Tangible assets			90,052	93,735
Investments			322,579	315,680
			412,631	409,415
CURRENT ASSETS
Debtors			1,039	1,009
Cash at bank			27,131	18,283
			28,170	19,292
CREDITORS
Amounts falling due within one year			(1,988)	(1,968)
NET CURRENT ASSETS			26,182	17,324
TOTAL ASSETS LESSCURRENT LIABILITIES			438,813	426,739
NET ASSETS			438,813	426,739
FUNDS		10
Unrestricted	funds		438,813	426,739
TOTAL FUNDS			438,813	426,739

S.	COMPARATIVES FOR THE	STATEMENT OF FINANCIAL ACTIVITIES IN 2019	STATEMENT OF FINANCIAL ACTIVITIES IN 2019
				Unrestricted
				funds
				f
	INCOME AND ENDOWMENTS		FROM
	Maintenance contributions	from residents		23,336
	Investment income			10,552
	Total			33,888
	EXPENDITURE ON
	Charitable activities
	Charitable activities			28,080
	Total			28,080
	Net gains/(losses) on investments			43,000
	NET INCOME/(EXPENDITURE)			48,808
	RECONCILIATION OF FUNDS
	Total funds brought forward			377,931
	TOTAL FUNDS CARRIED FORWARD			426,739

TANGIBLE FIXEDASSETS
	Improvements
	to
	property
	f
COST
At 1January 2020	159,022
Additions	4,493
At 31December 2020	163,515
DEPRECIATION
At 1January 2020	65,287
Charge for year	8,176
At 31December 2020	73,463
NET BOOK VALUE
At 31December 2020	90,052
At 31December 2019	93,735

FIXEDASSET INVESTMENTS
	Listed
	investments
	f
MARKET VALUE
At 1January 2020	315,680
Additions	5,398
Revaluations	1,501
At 31December 2019	322,579
NET BOOK VALUE
At 31December 2020	322,579
At 31December 2019	315,680

8.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
								2020	2019
									E
	Prepayments							1,039	1,009
9.	CREDITORS:	AMOUNTS			FALLING	DUE WITHIN ONE YEAR
								2020	2019
								f	E
	Other creditors							1,988	1,968
10.	MOVEMENT	IN FUNDS
							Net	Transfers
							movement	between	At
						At 1.1.20	in funds	funds	31.12.20
						f	E	f	f
	Unrestricted	funds
	General fund					110,953	407	4,767	116,127
	Cyclical repairs		and maintenance			fund 106	(652)	652	106
	Extraordinary		repair fund			138,765	(4,416)		134,349
	Charitable wide range			fund		176,915	16,735	(5,419)	188,231
						426,739	12,074		438,813
	TOTAL FUNDS					426,739	12,074		438,813

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				E	f	f	f
Unrestricted	funds
General fund				25,022	(24,615)		407
Cyclical repairs		and maintenance	fund		(652)		(652)
Extraordinary		repair fund		5,398		(9,814)	(4,416)
Charitable wide range fund				5,419		11,316	16,735
				35,839	(25,267)	1,502	12,074
TOTAL FUNDS				35,839	(25,267)	1,502	12,074

					Net	Transfers
					movement	between
				At 1.1.19	in funds	funds
				f	f	f
Unrestricted	funds
General fund				110,385	220	348	110,953
Cyclical repairs		and maintenance	fund	106	(4,963)	4,963	106
Extraordinary		repair fund		117,361	21,404		138,765
Charitable wide range fund				150,079	32,147	(5,311)	176,915
				377,931	48,808		426,739
TOTAL FUNDS				377,331	48,808		426,739

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				f	f	f	f
Unrestricted	funds
General fund				23,337	(23,117)		220
Cyclical repairs		and maintenance	fund		(4,963)		(4,963)
Extraordinary		repair fund		5,240		16,164	21,404
Charitable wide range fund				5,311		26,836	32,147
				34,256	(28,080)	43,000	48,808
TOTAL FUNDS				34,256	(28,080)	43,000	48,808

					Net	Transfers
					movement	between	At
				At 1.1.19	in funds	funds	31.12.20
				f	f	f	f
Unrestricted	funds
General fund				110,385	627	5,115	116,127
Cyclical repairs		and maintenance	fund	106	(5,615)	5,615	106
Extraordinary		repair fund		117,361	16,988		134,349
Charitable wide range fund				150,079	48,882	(10,730)	188,231
				377,931	60,882		438,813
TOTAL FUNDS				377,931	60,882		438,813

				Incoming	Resources	Gains and	Movement
				resources f	expended f	losses f	in funds f
Unrestricted	funds
General fund				48,359	(47,732)		627
Cyclical repairs		and maintenance	fund		(5,615)		(5,615)
Extraordinary		repair fund		10,638		6,350	16,988
Charitable wide range fund				10,730		38,152	48,882
				69,727	(53,347)	44,502	60,882
TOTAL FUNDS				69,727	(53,347)	44,502	60,882

				2020	2019
				f	f
INCOME AND ENDOWMENTS
Contributions received
Maintenance contributions			from residents	25,022	23,336
Investment income
Investment income				10,817	10,552
Deposit account interest
				10,817	10,552
Total incoming resources				35,839	33,888
EXPENDITURE
Charitable activities
Warden's salary				6,440	5,501
Insurance				2,049	1,984
Repairs to property				652	4,963
NAA subscriptions				179	170
Office supplies and sundry				326	244
Residents' gifts				350	375
Housing corporation		fee		13	13
Clerk's fee (one half)				2,791	2,693
Improvements to property			depreciation	8,176	7,950
				20,976	23,893
Support costs
Governance costs
Clerk's fee (one half)				2,791	2,693
Accountancy fees				1,500	1,494
				4,291	4,187
Total resources expended				25,267	28,080
Net income before gains			and losses	10,572	5,808
Realised recognised	gains		and losses
Realised gains/(losses)		on	fixed asset
investments
Net income				10,572	5,808

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