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2020-12-31-accounts

		Page
Legal and administrative information
Trustees' report		2-6
Auditors' report to the	Trustees	7-9
Statement offinancial	activities	10
Balance sheet		11 - 12
Notes to the financial	statements	13-18

Charity	number	210145
Business	address	11 Burbery Close
		Harefield
		Middlesex
		UB9 6QP
Trustees		P P Davis - Chairperson
		P N H Mander - Treasurer
		Mrs D Jacques
		DF H Scroggie			Resigned	31/12/2020
		Rev, W M Davies
		Mrs BMeter			Appointed	02/03/2020
		A Breathwick
		Ms K Sheppard			Appointed	02/03/2020
Auditors		Levy+ Partners Limited
		Chartered Accountants	and Statutory	Auditors
		7-8 Ritz Parade
		Western Avenue
		London
		W5 3RA
Bankers		Cater Allen Private Bank
		9Nelson Street
		Bradford
		BD1 5AN
		The Nat West Bank pic
		37Green Lane
		Northwood
		Middlesex
		HA63AF
Solicitors		Third Sector Law
		240 Shenfield Road
		Reading
		Berkshire
		RG2 8EX

				Unrestricted	Restricted	Endowment	2020	2019
				funds	funds	funds	Total	Total
			Notes
Income
Charitable activities			2	134,793			134,793	132,984
Investments			3	4,142			4,142	4,379
Total income				138,935			138,935	137,363
Expenditure
Charitable activities			4	57,734			57,734	51,839
Governance costs			5	45,019			45,019	47,363
Total expenditure				102,753			102,753	99,202
Net income I(expenditure)		before
other recognised	gains and	losses		36,182			36,182	38,161
Other recognised	gains and	losses
Other gains				(120)		8,240	8,120	19,109
Net movement in	funds			36,062		8,240	44,302	57,270
Total funds brought	forward			1,510,914	1,050,606	127,566	2,689,086	2,631,816
Total funds carried forward				1,546,976	1,050,606	135,806	2,733,388	2,689,086

					2020		2019
			Notes
Fixed assets
Tangible assets					3,300,120		3,300,160
Investments					135,806		127,566
					3,435,926		3,427,726
Current assets
Debtors				5,865		8,179
Cash at bank snd in hand				86,154		81,319
				92,019		89,498
Creditors:	amounts	falling
due within	one year		10	(52,716)		(44,924)
Net current assets					39,303		44,574
Total assets less current
liabilities					3,475,229		3,472,300
Creditors:	amounts	falling due
after more	than one	year			(688,322)		(729,009)
Provisions	for liabilities		12		(53,519)		(54,205)
Net assets					2,733,388		2,689,086
The funds	ofthe charity:		13
Endowment	funds				135,806		127,566
Restricted income funds					1,050,606		1,050,606
Unrestricted	income funds:
Unrestricted	income funds				1,176,662		1,140,600
Revaluation	reserve				370,314		370,314
Total unrestricted income funds					1,546,976		1,510,914
Total charity funds					2,733,388		2,689,086

Charita	ble activiti	es (Social Housing and othe	r Lettings)
			Unrestricted	2020	2019
			funds	Total	Total
Weekly	Maintenance	Contributions	127,038	127,038	123,232
Rent Received Ground Rent Service Charge			2,127 1,500 4, 128	2,127 1,500 4,128	3,440 1,500 4,812
			134,793	134,793	i32,984

		Unrestricted	2020	2019
		funds	Total	Total
Interest	Received	324	324	651
Dividend	Income	3,818	3,818	3,728
		4,142	4,142	4,379

Costs	o	fch	aritable activities - by fund type
				Unrestricted	2020	2019
				funds	Total	Total
Donations				5,645	5,645	3,635
Estate				43,284	43,284	38,985
Office				765	765	1,165
Depreciation			on FF and equipment	40	40	54
Provision		of	funds	8,000	8,000	8,000
				57,734	57,734	51,839
Governance			costs
				Un restricted	2020	2019
				funds	Total	Total
Auditor	remuneration			1,830	1,830	1,830
Trustees'		training		(150)	(150)	150
Mortgage		Interest		43,338	43,338	44,883
				45,016	45,016	47,363

		Land and	Fixtures,
7.	Tangible fixed assets	buildings	fittings and
		freehold	equipment	Total
	Cost
	At I January 2020 and
	At 31 December 2020	3,300,000	9,260	3,309,260
	Depreciation
	At I January 2020		9,100	9,100
	Charge for the year		40	40
	At 31 December 2020		9,140	9,140
	Net book values
	At 31 December 2020	3,300,000	120	3,300,120
	At 31 December 2019	3,300,000	160	3,300,161

8,	Endowment	Funds
				Investments	Total
				8
	Valuation
	At I January 2020 Revaluations			127,566 8,240	127,566 8,240
	At 31 December 2020			135,806	135.806
9.	Debtors
				2020	2019
	Amounts owed by Residents Prepayments		and tenants	2,939 2,926	4,513 3,666
				5,865	8,179

10.	Creditors: amounts		falling	due
	within one year					2020	2019
	Bank Loan (secured)	repayments		due within	the next 12months	40,894	33,997
	Trade creditors					6,522	2,842
	Deposits					3,467	2,826
	Accruals and deferred	income				1,831	5,260
						52,714	44,925
	The bank loan is secured		on the	Trust's properties.
11.	Creditors: amounts	falling		due
	after more than one year					2020	2019
							6
	Bank loan (Secured)					688,322	729,009
	The bank loan is secured		on the	Trust's properties.

	Emergency	Cyclical
	Repair	Maintenance
	Funds	Funds
	(ERF)	(CMF)	Total
At I January 2020 Charge for the year Transfer ofcyclical costs from repairs and renewals	(14,931) (600)	(39,274) (7,400) 8,686	(54,205) (8,000) 8,686
At31 December2020	(15,531)	(37,988)	(53,519)

							Unrestricted	Unrestricted	Restricted	Endowment		Total
								funds	funds	funds		funds
	Fund balances				at 31 December	2020 as represented	by:
	Tangible		fixed assets					2,249,514	1,050,606			3,300,120
	Investment			assets						135,806		135,806
	Current	assets						92,019				92,019
	Current	liabilities						(45,817)				(45,817)
	Long-term			liabilities				(695,219)				(695,219)
	Provision		for funds					(53,519)				(53,519)
								1,546,978	1,050,606	135.806		2,733,390
14.	Unrestricted				funds		At					At
						I January		Incoming	Outgoing			31 December
							2020	resources	resources	Transfers		2020
						1,5I0,914		138,935	(102,753)	(120)		1,546976
15.	Restricted			funds						At		At
										1January		31December
										2020		2020
										1,050,606		1,050,606
16.	Endowment				funds				At			At
									I January	Gains and	31 December
									2020	(losses)		2020
									127,566	8,240		135,806