2022-12-31-accounts

		Page
Trustees' Report
Independent Examiner's	Report
Statement of FinancialActivities
Balance Sheet
Notes tothe Financial Statements		7 —12
This page does notform	part ofthe statutory accounts	13
Summary of Expenditure		14

OR THE YEAR ENDED 3	1DECEMBE	R 2022
			Unrestricted	Restricte	Total	Total
			Funds	d Funds	Funds	Funds
INCOMING RESOURCES		NOTES	2022	2021	2022	2021
			f	f	f	f
Maintenance contributions			31,138		31,138	32,477
Investment income			351		351	331
Interest receivable			(6)		(6)	22
Other income			1,500		1,500	1,500
			32,983		32,983	34,330
RESOURCES EXPENDED
Charitable activities			52,334		52,334	33,981
			52,334		52,334	33,981
Net (outgoing)/income	resources		(19,351)		(19,351)	349
Other recognised gains/losses
Gain/(loss) on revaluation investments	of		(97)		(97)	3,534
Revaluation ofproperties			(380,000)		(380,000)	2,952,058
Net movement in funds			(399,448)		(399,448)	2,955,941
Reconciliation offunds
Total funds brought	forward		3,040,150		3,040,150	84,209
Total funds carried forward			2,640,702		2,640,702	3,040,150

BALANCE SHEET AS AT	31D	ECEMBER 202	2	2
			Unrestricted		Restricted	Total	Total
			Funds		Funds	Funds	Funds
TANGIBLE FIXEDASSETS			2022		2021	2022	2021
		NOTES		f	f	f	f
Housing Properties		8	2,743,457			2,743,457	3,123,457
(Housing Association			(163,457)			(163,457)	(163,457)
Grant)
			2,580,000			2,580,000	2,960,000
Other Tangible Fixed
Assets
INVESTMENTS				32,913		32,913	33,010
				32,913		32,913	33,010
CURRENT ASSETS
Debtors		10		1,118		1,118	950
Building Society Deposit
Cash at Bank				28,360		28,360	48,970
Cash in hand				46		46	65
				29,524		29,524	49,985
CREDITORS: Amounts
Falling
due within one year		12		(1,735)		(1,735)	(2,845)
Net Current Assets				27,789		27,789	47,140
TOTAL ASSETS LESS			2,640,702			2,640,702	3,040,150
CURRENT LIABILITIES
NET ASSETS			2,640,702			2,640,702	3,040,150
Represented by:
Total funds		13	2,640,702			2,640,702	3,040,150
			2,640,702			2,640,702	3,040,150
The Trustees approved	the	financial statements		on:
Rev. M Strange
		Trustees
MrjBrain
The Notes on pages 7to 12		form part ofthese		accounts

			2022			2021
				Charitable			Charitable
		Turnover		Activities	Turnover		Activities
		f		f	f		f
Maintenance contributions
Housing Accommodation		31,138		(52,334)	32,477		33,981
Extraordinary Repairs
Other Income and Expenditure
Other Income		1,500			1,500
Interest Receivable		(6)			22
		32,632		(52,334)	33,999		33,981
(Deficit)/surplus before taxation		(19,702)
Investment income		351			331
Total surplus/(deficit) before taxation
Forthe period ofaccount		(19,351)			349
INCOME FROM LETTINGS		2022			2021
		f			f
Maintenance contributions		31,138			32,477
Grant from Local Authority
		31,138			32,477
OPERATING COSTS FROM	LETI1NGS	2022			2021
		f			f
Housing Accommodation	(10units)
Services		824			639
Management		13,778			12,012
Routine Maintenance		37,732			21,330
Depreciation
		52,334			33,981

4	TRUSTEES' REMUNERATION	TRUSTEES' REMUNERATION	TRUSTEES' REMUNERATION	AND	BENEFITS
								2022	2021
								f	f
	Remuneration	and benefits						Nil	Nil
	The total expenses reimbursed to				the Trustees	and
	not chargeable	to United	Kingdom		Tax			Nil	Nil
								2022	2021
								No.	No.
	The number of	Trustees	who	received no remuneration			and
	benefits in the	disclosed	financial		years were:
5	INTEREST RECEIVABLE
								2022	2021
								f	f
	Interest Receivable from		Bank and Building Society
	Investment Accounts							(6)	22
6	NET INCOME/OUTGOING		RESOURCES BEFORE			TAXATION
	Net income/outgoing resources before taxation					is stated after		charging:
								2022	2021
								f	f
	Depreciation:
	Housing Properties
7	TAXATION
								2022	2021
								f	f

	Depreciation:
	Housing Properties
7	TAXATION
	United Kingdom	Corporation	Tax at 19/0 (2020:19/0)

TANGIBLE FIXED ASSETS
		Freehold	Fixtures
		Housing	And
		Properties	Fittings	TOTAL
		f	f	f
Cost or Valuation
At 31December 2021		2,979,811	2,151	2,981,962
Revaluation		(380,000)		(380,000)
At 31December 2022		2,599,811	2,151	2,601,962
Depreciation
At 31December 2021		19,811	2,151	21,962
Charge for the Year
At 31December 2022		19,811	2,151	21,962
Net BookValue
At 31December 2022		2,580,000		2,580,000
At 31December 2021		2,960,000		2,960,000
Freehold Housing Properties		2022 f		2021 f
Cost ofProperties		191,210		191,210
Less: Housing Association	Grant
from the Housing Corporation		(163,457)		(163,457)
		27,753		27,753

Cost	or	valuation at31"Decemb	er 2022 is represente	d by:
				Freehold	Fixtures
				Housing	And
			.	Properties	Fittings	TOTAL
				f	f	f
Valuation	in	2021		2,952,058	2,151	2,954,209
Valuation	in	2022		(380,000)		(380,000)
Cost				27,753		27,753
				2,599,811	2,151	2,601,962

					Market value at 31December	Market value at 31December
			Cost or base	value
			At 24 December 1979		2022	2021
			f		f	f
	228 Accumulation Shares			334	24,061	23,873
	10,0241ncome Shares			2,787	8,852	9,137
				3 121	32,913	33,010
10	DEBTORS
					2022	2021
					f	f
	Prepayments	and Accrued Income			1,118	950
					1,118	950
	All debtors are due within one year.
11	CASH AT BANK
					2022	2021
					f	f
	Bank Current Account				9,345	48,970
	Savings Account				19,015
					28,360	48,970
12	CREDITORS: Amounts		Falling Due
	Within One	Year
					2022	2021
					f	f
	Accruals 5Deferred Income				1,735	2,845
					1,735	2,845

13	TOTAL FUNDS
		General	Extraordinary
		Income S.	Repair
		Expenditure f	Reserve f	Total f
	As at 31December 2021	3,040,503	(353)	3,040,150
	Surplus / (deficit) for the Year	(19,448)		(19,448)
	Revaluation reserve	(380,000)		(380,000)
	As at 31December 2022	2,641,055	(353)	2,640,702
14	EMPLOYEES (full time equivalents)
			2022	2021
			No.	No.
	Average weekly number ofemployees		nil	nil