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|Reference
and Administrative
Details||||
|---|---|---|---|
|Trustees' Report|||2 to 3|
|Statement ofTrustees' Responsibilities||||
|Accountants'
Report on the unaudited|financial|information||
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial
Statements|||9to 17|
|SOFA per fund|||18|
|Detailed Statenient ofFinancial
Activities|||19to 20|
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|Eeyfin|ancial|pe|rforin
ance indi|cators||||
|---|---|---|---|---|---|---|---|
||||||Unit|2023|2022|
|Net Debt||||||gl|gl|
|Cost per unit||||||g6,983|E2,786|
|Social|housing|letting operating||margin||(f34)|f50|
|Overall|operating||margin|||(E 1 1)|(f37)|
|Return|on capital||employed||Oy|(61)|K7|
|Market|value|of|investments|||819|f.19|
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|Statem|ent of|Financial Activities f|or the Year Ended|31December 2|023|
|---|---|---|---|---|---|
||||||Total|
|||||Unrestricted|2023|
||||Note|||
|Income and Endoivments||from:||||
|Maintenance
contributions||from residents||20,901|20,901|
|Investment
income||||5,343|5,343|
|Total Income||||26,244|26,244|
|Expenditure
on:||||||
|Raising funds|||4|(1,548)|(1,548)|
|Chantable
activities|||5, 6|(27,932)|(27,932)|
|Total Expenditure||||(29,480)|(29,480)|
|Gains/losses
on investment||assets||446|446|
|Net movement
in funds||||(2,790)|(2,790)|
|Reconciliation
offunds||||||
|Total funds brought|fonvard|||291,998|291,998|
|Total funds carried|forward||15|289,208|289,208|
||||||Total|
|||||Unrestricted|2022|
||||Note|K||
|Income and Endoivments||front:||||
|Maintenance
contributions||from residents||22,120|22,120|
|Investment
income||||4,339|4,339|
|Total Income||||26,459|26,459|
|Expenditure
on:||||||
|Raising funds|||4|(1,530)|(1,530)|
|Charitable
activities|||5,6|(11,142)|(11,142)|
|Total Expenditure||||(12,672)|(12,672)|
|Gains/losses
on investment||assets||(23,551)|(23,551)|
|Net movement
in funds||||(9,764)|(9,764)|
|Reconciliation
offunds||||||
|Total funds brought|forward|||301,762|301,762|
|Total funds carried|forward||15|291,998|291,998|
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|||Balanc|e Sheet as at 3|1December 20|23||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note|||
|Fixed assets|||||||
|Tangible
assets||||10|106,806|109,880|
|Investments||||11|175,956|167,058|
||||||282,762|276,938|
|Current
assets|||||||
|Debtors||||12|905|855|
|Cash at bank|and in hand|||13|7,161|15,825|
||||||8,066|16,680|
|Creditors: Amounts||falling due within|one year|14|(1,620)|(1,620)|
|Net current|assets||||6,446|15,060|
|Net assets|||||289,208|291,998|
|Funds ofthe|charity:||||||
|Unrestricted|income|funds|||||
|Unrestricted|||||289,208|291,998|
|Total funds||||15|289,208|291,998|
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|||||Uurestricted|||
|---|---|---|---|---|---|---|
|||||funds|Total|Total|
|||||General|2023|2022|
||Almshouse|1/2||3,850|3,850|4,200|
||Almshouse|3/4||6,031|6,031|6,900|
||Almshouse|5||5,200|5,200|5,200|
||Almshouse|6||5,820|5,820|5,820|
|||||20,901|20,901|22,120|
|3|Investment||income||||
||||||Unrestricted||
||||||funds|Total|
||||||General|funds|
|Other investment|||income||5,343|5,343|
|Total for 2023|||||5,343|5,343|
|Total for 2022|||||4,339|4,339|
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||Unrestricted||
|---|---|---|
||funds|Total|
||General|fuads|
|Note|||
||1,548|1,548|
||1,548|1,548|
||1,530|1,530|
|||Total|
||Direct costs|costs|
||1,548|1,548|
||1,548|1,548|
||1,530|1,530|
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||||Charitable|Total|Total|
|---|---|---|---|---|---|
||||activities|2023|2022|
|Property repairs|||16,796|16,796|1,726|
|Establishment|costs||1,683|1,683|1,583|
|Subscriptions|and donations||502|502|464|
|Management|fee||1,691|1,691|1,338|
|Depreciation|oftangible|fixed assets|3,073|3,073|3,073|
|Legal and professional||fees|876|876||
||||24,621|24,621|8,184|
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||||Unrestricted||
|---|---|---|---|---|
||||funds|Total|
||||General|2023|
|Other governance||costs|1,691|1,691|
|Allocated|support|costs|1,620|1,620|
||||3,311|3,311|
||||Unrestricted||
||||funds|Total|
||||General|2022|
|Other governance||costs|1,338|1,338|
|Allocated|support|costs|1,620|1,620|
||||2,958|2,958|
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|Net (outgoing|)/incomin|g
resources for the year include:|||
|---|---|---|---|---|
||||2023|2022|
|Depreciation|offixed|assets|3,073|3,073|
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||Land and||
|---|---|---|
||buildings|Total|
|Cost|||
|Freehold property
cost b/fwd|153,668|153,668|
|At 31December 2023|153,668|153,668|
|Depreciation|||
|At
1 January 2023|43,789|43,789|
|Charge for the year|3,073|3,073|
|At 31December 2023|46,862|46,862|
|Net book value|||
|At 31December 2023|106,806|106,806|
|At 31December 2022|109,879|109,879|
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|Investments
held as fixed assets|||
|---|---|---|
||Listed||
||investments|Total|
|Market Value|||
|At
I January 2023|167,058|167,058|
|Revaluation|999|999|
|Additions|33,795|33,795|
|Disposals|(25,896)|(25,896)|
|At 31December 2023|175,956|175,956|
|Net book value|||
|At 31 December 2023|175,956|175,956|
|At 31December 2022|167,058|167,058|
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|15 Funds||||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at I|||Other|31|
||||January|Incoming|Resources|recognised|Decentber|
||||2023|resources|expended|gains/(losses)|2023|
|Genernl||||||||
|Unrestricted|income|fund|291,998|26,244|(29,480)|446|289,208|
||||||||Balance at|
||||Balance at 1|||Other|31|
||||January|Incoming|Resources|recognised|December|
||||2022|resources|expclldctl|gains/(losses)|2022|
||||||f.|||
|General||||||||
|Unrestricted|inconte|fund|301,762|26,459|(12,672)|(23,551)|291,998|
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|16 Analysis ofnet funds||||
|---|---|---|---|
||||At 31|
||At 1January|Financing
cash|December|
||2023|florrs|2023|
|Cash at bank and in hand|15,825|(8,664)|7,161|
|Net debt|15,825|(8,664)|7,161|
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|Statement|ofFina|ncial Activities
by fund for|the Year Ended 31Decembe|r 2023|
|---|---|---|---|---|
||||Total|Total|
||||Unrestricted|Unrestricted|
||||Funds|Funds|
||||2023|2022|
|Income and Endowments||from:|||
|Maintenance
contributions||from residents|20,901|22,120|
|Investment
income|||5,343|4,339|
|Total income|||26,244|26,459|
|Expenditure
on:|||||
|Raising funds|||(1,548)|(1,530)|
|Charitable
activities|||(27,932)|(11,142)|
|Total expenditure|||(29,480)|(12,672)|
|Gains/losses
on investment||assets|446|(23,551)|
|Net expenditure|||(2,790)|(9,764)|
|Net movement
in funds|||(2,790)|(9,764)|
|Reconciliation
offunds|||||
|Total funds brought|forward||291,998|301,762|
|Total funds carried|forward||289,208|291,998|
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|Detailed Statemen|t|ofFinanc|ia|l Acti|vities for the Ye|ar Ended 31Decemb|er 2023|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||||2023|2022|
|Income and Endowments|from:|||||||
|Maintenance
contributions|from residents||(analysed||below)|20,901|22,120|
|Investment
income (analysed||below)||||5,343|4,339|
|Total income||||||26,244|26,459|
|Expenditure
on:||||||||
|Raising funds (analysed
below)||||||(1,548)|(1,530)|
|Charitable
activities
(analysed||below)||||(27,932)|(11,142)|
|Total expenditure||||||(29,480)|(12,672)|
|Gains/losses
on investment|assets (analysed|||below)||446|(23,551)|
|Net expenditure||||||(2,790)|(9,764)|
|Net movement
in funds||||||(2,790)|(9,764)|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||||291,998|301,762|
|Total funds carried forward||||||289,208|291,998|
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|||||(continued)|||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2023|2022|
|itlaitttenance
contribatians|||fi|aai residents|||
|Almshouse
No.l and No.2|||||3,850|4,200|
|Almshouse
No. 3 and||No.4|||6,031|6,900|
|Almshouse
No.5|||||5,200|5,200|
|Almshouse
No.6|||||5,820|5,820|
||||||20,901|22,120|
|Jnvestareatincoaie|||||||
|Income from other investments|||||5 343|4,339|
||||||5,343|4,339|
|Raisbtg ftmds|||||||
|Portfolio management||costs|||(1,548)|(1,530)|
||||||(1,548)|(1,530)|
|Ciiaritabie
activities|||||||
|Property
repairs|||||(16,796)|(1,726)|
|Water rates|||||(505)|(459)|
|Light, heat and power|||||(56)||
|Insurance|||||(1,122)|(1,124)|
|Trade subscriptions|||||(502)|(464)|
|Clerk's Honorarium|(50%)||||(1,691)|(1,338)|
|Legal and professional||fees|||(876)||
|Depreciation offreehold property|||||(3,073)|(3,073)|
|Management
fee|||||(1,691)|(1,338)|
|Accountancy
fee|||||(1,620)|(1,620)|
||||||(27,932)|(11,142)|
|Gains/tosses
on mvestment|||assets||||
|Realised (profits)/losses||on|disposals ofinvestments||(553)|155|
|Unrealised
gains on|revaluation|||ofinvestments|999|(23,706)|
||||||446|(23,551)|