| Page | ||
|---|---|---|
| ReportoftheExecutive | 1 | to5 |
| ReportoftheIndependentAuditors | 6 | **to8 ** |
| StatementofFinancialActivities | 9 | |
| BalanceSheet | 10 | |
| NotestotheFinancialStatements | 11 | to23 |
| DetailedStatementofFinancialActivities | 24 |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | E | £ | £ | £ | |
| INCOMEANDENDOWMENTSFROM | |||||
| Donationsandlegacies | 3 | 77 | |||
| Charitableactivities | 5 | ||||
| Provisionofresidentialaccommodation | 175,582 | 175,582 | 164,494 | ||
| Investmentincome | 4 | 4,322 | 4,322 | 6,100 | |
| Otherincome | 6 | 9,960 | 9,960 | ||
| Total | 189,864 | 189,864 | 170,671 | ||
| EXPENDITUREON | |||||
| Charitableactivities | |||||
| Provisionofresidentialaccommodation | 110,469 | 110,469 | 123,747 | ||
| Charitablegrants | 71,900 | 71,900 | 42,000 | ||
| Total | 182,369 | 182,369 | 165,747 | ||
| NETINCOME | 7,495 | 7,495 | 4,924 | ||
| RECONCILIATIONOFFUNDS | |||||
| Totalfundsbroughtforward | 1,442,207 | 1,327 | 1,443,534 | 1,438,610 | |
| TOTALFUNDSCARRIEDFORWARD | 1,449,702 | 1,327 | 1,451,029 | 1,443,534 |
| 31MA | RCH2021 | ||||
|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | hinds | ||
| Notes | £ | ||||
| FIXEDASSETS | |||||
| Tangibleassets | 11 | 881,102 | 881,102 | 883,897 | |
| CURRENTASSETS | |||||
| Debtors | 12 | 4,144 | 4,144 | 4,338 | |
| Investments Cashatbank |
13 | 561,112 14,334 |
1,327 | 561,112 15,661 |
549,566 15,045 |
| 579,590 | 1,327 | 580,917 | 568,949 | ||
| CREDITORS | |||||
| Amountsfallingduewithinoneyear | 14 | (10,990) | (10,990) | (9,312) | |
| NETCURRENTASSETS | 568,600 | 1,327 | 569,927 | 559,637 | |
| TOTALASSETSLESSCURRENT | |||||
| LIABILITIES | 1,449,702 | 1,327 | 1,451,029 | 1,443,534 | |
| NETASSETS | 1,449,702 | 1,327 | 1,451,029 | 1,443,534 | |
| FUNDS | 15 | ||||
| Unrestrictedfunds: | |||||
| Generalfund Fairvaluereserve |
791,104 658,598 |
783,609 658,598 |
|||
| Restrictedfunds: | 1,449,702 | 1,442,207 | |||
| Tenantfinancialhardshipfund | 1,327 | 1,327 | |||
| TOTALFUNDS | 1,451,029 | 1,443,534 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 31.03.21 | 31.03.20 | ||||
| £ | £ | £ | £ | ||
| Rentsreceivable | |||||
| 11StAlbansAvenue | 129,639 | 129,639 | 120,466 | ||
| 3ArcadiaAvenue 5ArcadiaAvenue |
18,660 22,200 |
18,660 22,200 |
17,433 20,992 |
||
| Generalestateincome | 170,499 | 170,499 | 158,891 | ||
| Guestroom | - | - | 750 | ||
| Garage Parking |
1,350 720 |
- | 1350 720 |
1,800 720 |
|
| Laundry | 3,013 | 3,013 | 2,333 | ||
| 5,083 | 5,083 | 5,603 | |||
| 175,582 | 175,582 | 164,494 |
| Provisionofresidentialaccommodation | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 31.03.21 | 31.03.20 | |||
| £ | £ | E | £ | |
| Propertyrunningcosts | ||||
| Light,heat,rates&water | 12,653 | - | 12,653 | 14,403 |
| Insurance | 5,554 | 5,554 | 5,250 | |
| Liftmaintenance Generalrepairs&maintenance Refurbishment Windowcleaning |
1,417 20,375 700 174 |
- | 1,417 20,375 700 174 |
1,590 14,838 3,160 336 |
| Gardening | 14,369 | 14,369 | 9,197 | |
| Estateexpenses | 5,643 | - | 5,643 | 2 4 62 7 |
| Houseleadersrentdiscounts Flatco-ordinatorandHouseCommittee |
4,200 | 4,200 | 4 :3 00 |
|
| Chairexpenses | 95 | 95 | 104 | |
| Legal&professional | 3,602 | |||
| Provision/(release)for/(of)baddebts Depreciation |
92 34,758 |
92 34,758 |
(31) 30,980 |
|
| Totalpropertyrunningcosts | 100,030 | 100,030 | 112,356 | |
| Supportcosts-Governance | ||||
| GeneralSecretaryhonorarium GeneralSecretaryexpenses |
3,600 493 |
3,600 493 |
3,800 741 |
|
| Presidentexpenses | 75 | - | 75 | 75 |
| FinanceOfficerexpenses | 142 | 142 | 153 | |
| Liabilityinsurance | 369 | 369 | 392 | |
| Conferenceexpenses | 400 | |||
| Inmemoriumdonations | 300 | 300 | ||
| Auditorsremuneration Auditcertificatefees |
5,400 60 |
5,400 60 |
5,800 30 |
|
| Totalgovernancecosts | 10,439 | 10,439 | 11,391 | |
| 110,469 | 110,469 | 123,747 |
| Propertyrunningcosts | 11 | 3 | 5 | General | Total |
|---|---|---|---|---|---|
| StAlbans | Arcadia | Arcadia | Estate | Funds | |
| Avenue | Avenue | Avenue | Costs | 31.03.21 | |
| £ | £ | £ | £ | £ | |
| Light,heat,rates&water | 8,991 | 1,757 | 1,868 | 37 | 12,653 |
| Insurance Liftmaintenance Generalrepairs& |
3,074 1,417 |
327 | 433 | 1,720 | 5,554 1,417 |
| maintenance Refurbishment |
16,024 700 |
769 | 2,256 | 1,326 | 20,375 700 |
| Windowcleaning | 174 | 174 | |||
| Gardening | 14,369 | 14,369 | |||
| Estateexpenses Houseleadersrentdiscounts Flatco-ordinatorandHouse |
3,600 | 300 | 300 | 5,643 | 5,643 4,200 |
| CommitteeChairexpenses | 95 | 95 | |||
| Legal&professional | |||||
| Releaseofbaddebts | 92 | 92 | |||
| Depreciation | 28,874 | 2,819 | 1,944 | 1,121 | 34,758 |
| 62,854 | 5,972 | 6,801 | 24,403 | 100,030 | |
| Supportcosts | |||||
| Governance | 10,439 | 10,439 | |||
| 62,854 | 5,972 | 6,801 | 34,842 | 110,469 |
| Charitablegrants | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| 31.03.21 | 31.03.20 | |||
| Grantstoinstitutions | £ | £ | £ | £ |
| BCARS Bournemouth Foodbank BournemouthUniversityChaplaincy CherryTreeNursery Faithworks FernheathPlay HealthBus HopeFM Hurtingtohealing ImmanuelChurchCommunityCinema MindPokesdownClubGroup NOW(BournemouthNightclubChaplaincy) |
15,000 3,500 4,000 10,000 6,000 6,250 11,000 6,400 7,750 2,000 |
- - - |
15,000 3,500 4,000 10,000 6,000 6,250 11,000 6,400 7,750 2,000 |
10,000 6,000 6,000 2,000 - 6,000 - 2,000 8,000 2,000 |
| Grantstoindividuals | 71,900 | 71,900 | 42,000 | |
| Tenantfinancialhardship | ||||
| 71,900 | 71,900 | 42,000 |
| Netincomeisstatedaftercharging: | ||
|---|---|---|
| 31.03.21 | 31.03.20 | |
| Auditors'remuneration | 5,400 | 5,800 |
| Depreciation-ownedassets | 34,758 | 30,980 |
| Unrestricted Restricted |
Unrestricted Restricted |
Unrestricted Restricted |
Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 31.03.21 | 31.03.20 | ||||
| £ | £ | £ | £ | ||
| Totalrentreceivable(note5) Totalpropertynmningcosts(note7) |
175,582 100,030 |
175,582 100,030 |
164,494 112,356 |
||
| Netincomingresources:provisionof | |||||
| residentialaccommodation | 75,552 | 75,552 | 52,138 | ||
| Analysisoverproperties | |||||
| 11 | 3 | 5 | General | Total | |
| StAlbans | Arcadia |
Arcadia | Estate | Funds | |
| Avenue | Avenue | Avenue | 31.03.21 | ||
| £ | E | £ | £ | £ | |
| Totalrentreceivable(note5) Totalpropertyrunningcosts(note7) |
129,639 62,854 |
18,660 5,972 |
22,200 6,801 |
5,083 24,403 |
175,582 100,030 |
| Netincomingresources:provisionof | |||||
| residentialaccommodation | 66,785 | 12,688 |
15,399 |
(19,320) | 75,552 |
| **FORTHEYEARE ** | NDED31MARCH2021 | NDED31MARCH2021 | NDED31MARCH2021 | |
|---|---|---|---|---|
| 10. | COMPARATIVES(yearended31.03.20)FOR | THESTATEMENTOFFINANCIALACTIVITIES | ||
| Unrestricted | Restricted | Total | ||
| funds | fund | funds | ||
| INCOMEANDENDOWMENTSFROM | ||||
| Donationsandlegacies | 70 | 7 | 77 | |
| Charitableactivities | ||||
| Provisionofresidentialaccommodation | 164,494 | 164,494 | ||
| Investmentincome | 6,100 | 6,100 | ||
| Total | 170,664 | 7 | 170,671 | |
| EXPENDITUREON | ||||
| Charitableactivities | ||||
| Provisionofresidentialaccommodation Charitablegrants |
123,747 42,000 |
123,747 42,000 |
||
| Total | 165,747 | - | 165,747 | |
| NETINCOME | 4,917 | 7 | 4,924 | |
| RECONCILIATIONOFFUNDS | ||||
| Totalfundsbroughtforward | 1,437,290 | 1,320 | 1,438,610 | |
| TOTALFUNDSCARRIEDFORWARD | 1,442,207 | 1,327 | 1,443,534 |
| TANGIBLEFIXEDASSETS | |||
|---|---|---|---|
| Fixtures | |||
| Freehold | and | ||
| property | fittings | Totals | |
| £ | £ | 1 | |
| COST | |||
| At1April2020 Additions Disposals |
1,252,187 31,151 (15,521) |
28,260 812 |
1,280,447 31,963 (15,521) |
| At31March2021 | 1,267,817 | 29,072 | 1,296,889 |
| DEPRECIATION | |||
| At1April2020 Chargeforyear Eliminatedondisposal |
378,693 33,637 (15,521) |
17,857 1,121 |
396,550 34,758 (15,521) |
| At31March2021 | 396,809 | 18,978 | 415,787 |
| NETBOOKVALUE | |||
| At31March2021 | 871,008 | 10,094 | 881,102 |
| At31March2020 | 873,494 | 10,403 | 883,897 |
| **DEBTORS:AMOUNTSFALLINGD ** | **UEWITHINO ** | NEYEAR | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 31.03.21 | 31.03.20 | |||
| £ | £ | 1 | £ | |
| Subscriptiondebtor Rentarrearsnetofbaddebtprovision Prepaidexpenses Accruedbankinterest |
- 734 2,450 960 |
734 2,450 960 |
50 45 2,428 1,815 |
|
| 4,144 | 4,144 | 4,338 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| 31.03.21 | 31.03.20 | |||
| £ | £ | E | £ | |
| Shorttermandnoticebankdeposits | 561,112 | 561,112 | 549,566 |
| CREDITORS:AMOUNTSFA | LLINGDUEWITHIN | ONEYEAR | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 31.03.21 | 31.03.20 | |||
| £ | £ | £ | £ | |
| Tradecreditors Accruedexpenses Rentspaidinadvance |
3,924 5,400 1,666 |
3,924 5,400 1,666 |
1,959 5,923 1,430 |
|
| 10,990 | 10,990 | 9,312 |
| MOVEMENTINFUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At1.4.20 | infunds | 31.3.21 | |
| Unrestrictedfunds | |||
| Generalfund Fairvaluereserve |
783,609 658,598 |
7,495 | 791,104 658,598 |
| Restrictedfunds | 1,442,207 | 7,495 | 1,449,702 |
| Tenantfinancialhardshipfund | 1,327 | 1,327 | |
| TOTALFUNDS | 1,443,534 | 7,495 | 1,451,029 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | infunds | |
| Unrestrictedfunds | £ | E | £ |
| Generalfund | 189,864 | (182,369) | 7,495 |
| TOTALFUNDS | 189,864 | (182,369) | 7,495 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At1.4.19 | infunds | 31.3.20 | |
| Unrestrictedfunds | |||
| Generalfund Fairvaluereserve |
778,692 658,598 |
4,917 | 783,609 658,598 |
| Restrictedfunds | 1,437,290 | 4,917 | 1,442,207 |
| Tenantfinancialhardshipfund | 1,320 | 7 | 1,327 |
| TOTALFUNDS | 1,438,610 | 4,924 | 1,443,534 |
| Comparative(yearended31.03.20)netmovemen | tinfunds,includedintheabov | eareasfollows: | |
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | infunds | |
| Unrestrictedfunds | £ | £ | £ |
| Generalfund | 170,664 | (165,747) | 4,917 |
| Restrictedfunds | |||
| Tenantfinancialhardshipfund | 7 | 7 | |
| TOTALFUNDS | 170,671 | (165,747) | 4,924 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At1.4.19 | infunds | 31.3.21 | |
| Unrestrictedfunds | z | ||
| Generalfund Fairvaluereserve |
778,692 658,598 |
12,412 | 791,104 658,598 |
| Restrictedfunds | 1,437,290 | 12,412 | 1,449,702 |
| Tenantfinancialhardshipfund | 1,320 | 7 | 1,327 |
| TOTAL FUNDS | 1,438,610 | 12,419 | 1,451,029 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | infunds | |
| Unrestrictedfunds | £ | £ | £ |
| Generalfund | 360,528 | (348,116) | 12,412 |
| Restrictedfunds | |||
| Tenantfinancialhardshipfund | 7 | 7 | |
| TOTALFUNDS | 360,535 | (348,116) | 12,419 |
| Fundsbynetassets | Unrestricted | Unrestricted | Restricted | Total |
| funds | funds | funds | funds | |
| Freereserves | Other | 31.03.21 | ||
| £ | £ | £ | E | |
| Fixedassets Debtors:fallingduewithinoneyear Investments Cashatbankandinhand Creditors |
- 4,144 561,112 14,334 (10,990) |
881,102 - |
1,327 | 881,102 4,144 561,112 15,661 (10,990) |
| 568,600 | 881,102 | 1,327 | 1,451,029 |