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2021-03-31-accounts

Page
Reference and administrative details of the charity, its Trustees and advisers 1
Trustees report 2−4
Independent auditors' report on the financial statements 5−7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 −21

Unrestricted Total Total
funds funds funds
2021 2021 2020
Note £ £ £
Income from:
Donations and legacies 3 34 34 70
Charitable activities 4 214,357 214,357 215,870
Other trading activities 5 1,281 1,281 1,571
Investments 6 18,539 18,539 19,448
Total income 234,211 234,211 236,959
Expenditure on:
Charitable activities 7 197,352 197,352 223,515
Total expenditure 197,352 197,352 223,515
Net income before net gains/(losses) on
investments 36,859 36,859 13,444
Net gains/(losses) on investments 107,511 107,511 (86,619)
Net movement in funds 144,370 144,370 (73,175)
Reconciliation of funds:
Total funds brought forward 974,558 974,558 1,047,733
Net movement in funds 144,370 144,370 (73,175)
Total funds carried forward 1,118,928 1,118,928 974,558

2021 2020
Note £ £
Fixed assets
Housing properties 13 367,372 389,350
Tangible assets 14 139 189
Investments 15 585,154 448,347
952,665 837,886
Current assets
Debtors 16 11,093 7,517
Cash at bank and in hand 173,730 142,390
184,823 149,907
Creditors: amounts falling due within one
year 17 (18,559) (13,235)
Net current assets 166,264 136,672
Total assets less current liabilities 1,118,929 974,558
Net assets excluding pension asset 1,118,929 974,558
Total net assets 1,118,929 974,558
Charity funds
Restricted funds 18
Unrestricted funds 18 1,118,929 974,558
Total funds 1,118,929 974,558

Unrestricted Total
funds funds
2021 2021
£ £
Donations 34 34
Unrestricted Total
funds funds
2020 2020
£ £
Donations 70 70
4. Income from charitable activities
Unrestricted Total
funds funds
2021 2021
£ £
Provision of accommodation 214,357 214,357

Unrestricted Total
funds funds
2020 2020
Provision of accommodation 215,870 215,870
5. Income from other trading activities
Income from non charitable trading activities
Unrestricted Total
funds funds
2021 2021
Laundry income 1,281 1,281
Unrestricted Total
funds funds
2020 2020
Laundry income 1,571 1,571
6. Investment income
Unrestricted Total
funds funds
2021 2021
Investment income 18,539 18,539
Unrestricted Total
funds funds
2020 2020
Investment income 19,448 19,448

Unrestricted Total
funds funds
2021 2021
£ £
Provision of accommodation 197,352 197,352
Unrestricted Total
funds funds
2020 2020
£ £
Provision of accommodation 223,515 223,515
Activities
undertaken Support Total
directly costs funds
2021 2021 2021
£ £ £
Provision of accommodation 194,682 2,670 197,352
Activities
undertaken Support Total
directly costs funds
2020 2020 2020
£ £ £
Provision of accommodation 220,845 2,670 223,515

Total Total
funds funds
2021 2020
£ £
Staff costs 58,425 56,214
Depreciation 22,028 22,042
Rates & water 8,299 8,036
Insurance 3,089 2,995
Light & heat 11,931 11,349
Repairs & maintenance 64,459 92,092
Gardening incl. gardeners wages 10,472 7,946
Cleaning 3,171 4,597
Security & safety 6,365 7,412
Office expenses 2,718 3,368
Legal & professional 600
Bank charges 765 502
Resident welfare 1,774 2,549
TV Licences 23 23
Trustee indemity insurance 484 484
Bad debts written off 1,083
Life insurance 79 153
194,682 220,845
Analysis of support costs
Total Total
funds funds
2021 2020
Accountancy 2,670 2,670

2021 2020
£ £
Fees payable to the charity's auditor for the audit of the charity's annual
accounts 1,800 1,800
Fees payable to the charity's auditor in respect of:
All non−audit services not included above 870 870

2021 2020
£ £
Wages and salaries 54,662 51,854
Social security costs 1,119 1,774
Contribution to defined contribution pension schemes 2,644 2,586
58,425 56,214
2021 2020
No. No.
Employees 2 2

Housing
properties
£
Cost
At 1 April 2020 1,098,920
At 31 March 2021 1,098,920
Amortisation
At 1 April 2020 709,570
Charge for the year 21,978
At 31 March 2021 731,548
Net book value
At 31 March 2021 367,372
At 31 March 2020 389,350

Office
equipment
£
Cost or valuation
At 1 April 2020 2,382
At 31 March 2021 2,382
Depreciation
At 1 April 2020 2,193
Charge for the year 50
At 31 March 2021 2,243
Net book value
At 31 March 2021 139
At 31 March 2020 189
15. Fixed asset investments
Unlisted
investments
£
Cost or valuation
At 1 April 2020 448,347
Additions 29,296
Revaluations 107,511
At 31 March 2021 585,154
Net book value
At 31 March 2021 585,154
At 31 March 2020 448,347

2021 2020
£ £
Due within one year
Trade debtors 4,024 1,557
Prepayments and accrued 7,069 5,960
11,093 7,517

2021 2020
£ £
Accruals and deferred income 18,559 13,235
18. Statement of funds
Balance at
Balance at 1 Transfers (LoGsasien 31 March
April 2020 Income Expenditure in/out (Losses) 2021
£ £ £ £ £ £
Designated
funds
Recoupment
account 133,603 3,778 203 32,149 169,733
Cyclical repairs
& maintenance 27,790 6,317 34,107
Extra Ordinary
repairs 286,954 13,315 12,000 69,045 381,314
448,347 17,093 12,203 107,511 585,154
General funds
General Funds
−all funds 526,211 217,119 (11997'352) (12,203) 533,775
Total
Unrestricted
funds 974,558 234,212 (197,352) 107,511 1,118,929

Statement of fu nds −prior year
Balance at
Balance at Transfers Gains/ 31 March
1 April 2019 Income Expenditure in/out (Losses) 2020
£ £ £ £ £ £
Unrestricted
funds
Designated
funds
Recoupment
account 147,263 3,989 203 (17,852) 133,603
Cyclical repairs
& maintenance 33,805 (6,015) 27,790
Extra Ordinary
repairs 324,496 13,785 11,425 (62,752) 286,954
505,564 17,774 11,628 (86,619) 448,347
General funds
General Funds 542,169 219,185 (223,515) (11,628) 526,211
Total
Unrestricted
funds 1,047,733 236,959 (223,515) (86,619) 974,558

Balance at
Balance at 1 Transfers Gains/ 31 March
April 2020 Income Expenditure in/out (Losses) 2021
£ £ £ £ £ £
Designated
funds 448,347 17,093 12,203 107,511 585,154
General funds 526,211 217,119 (197,352) (12,203) 533,775
974,558 234,212 (197,352) 107,511 1,118,929

Summary of fu nds −prior year
Balance at
Balance at Transfers Gains/ 31 March
1 April 2019 Income Expenditure in/out (Losses) 2020
£ £ £ £ £ £
Designated
funds 505,564 17,774 11,628 (86,619) 448,347
General funds 542,169 219,185 (223,515) (11,628) 526,211
1,047,733 236,959 (223,515) (86,619) 974,558

Unrestricted Total
funds funds
2021 2021
£ £
Tangible fixed assets 139 139
Intangible fixed assets 367,372 367,372
Fixed asset investments 585,154 585,154
Current assets 184,823 184,823
Creditors due within one year (18,559) (18,559)
Total 1,118,929 1,118,929

Analysis of net assets between funds −prior year
Unrestricted Total
funds funds
2020 2020
£ £
Tangible fixed assets 189 189
Intangible fixed assets 389,350 389,350
Fixed asset investments 448,347 448,347
Current assets 149,907 149,907
Creditors due within one year (13,235) (13,235)
974,558 974,558