OpenCharities

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2022-03-31-accounts

Page
Reference andadministratirre detailsofthecharity, itsTrustees and adyisers 1
Trustees'report 2-4
lndependentauditors'report onthefinanciat statements 5-7
Statementoffinancial activities 8
Balance sheet 9
Notesto thefinancialstatements 1A-22

Unrestricted Total Total
funds funds funds
2022 2022 2021
Note E
lncomefrom:
Donations andlegacies 3 34 34 OA
Charitableactivities 4 204,379 204,379 214,358
Othertr.adingactivities 5 1,223 1,223 1,281
lnvestments 6 18,084 18,084 18,539
Totalincome 223,720 :

223,720

234,212
Expendituro on:
Charitableactivities 7 245,238
245,238
197,352
Total expenditure 245.238 245,238
197,352
Net(expenditure)/income before net gainson
investments (21,518) (21,518) 36,860
Netgalnsoninvestments 50,961 50,961 107,511
Netmovement infunds 29,443 29,443 144,371
Reconciliation offunds:
Total fundsbroughtfonvard 1,118,929 '1,118,929 974,558
Netmovementinfunds 29,443 29,443 144,371
Totalfundscarriedforward 1,148,372 1,148,372 1,118,929

2022 2021
Note E c
Fixed assets
Housing properties 13 u5,354 367,372
Tangible assets 14 104 139
lnvestments 15 o65,O72 585,154
1,010,570 952,665
Current assets
Debtors 16 10,082 11,093
Cash at bank andirrhand 169,694 173,730
175,776 184,823
Creditors: amounts fallingduewithinone
year
17 (41,e74) (18,559)
Netcurrentassets 137,802 166,264
Total assets Iesscurrentltabllttles 1,148,372 1,118,929
Netassetsexcludingpension asset 1,148,372 1,118,925
Total net assets 1,148,372 1,118,925
Charityfunds
Restricted funds 18
Unrestricted funds 18 1,148,372 1,118,929
Totalfunds 1,148,372 1,118,929

Unrestricted Total
funds funds
2022 2022
e f
Donations 34 34
Unrestricted Total
funds funds
2021t 2Q21
e
Donations 34 34

Unrestricted Total
funds funds
2022t 2022
tr
Provisionofaccommodation 204,379 204,375

FOR THE YEAR ENDED31MAR CH2022
4, lncomefromcharitableactivities(continued)
Unrestricted Total
funds funds
2021t 2021t
Provisionofaccommodation 214,358 214,358
c. lncomefromothertrading activities
lncomefromnon charitabletrading activities
Unrestricted Total
funds funds
2022 2422
L e
Laundry income 1,223 1,223
Unrestricted Total
funds funds
2021 2421
L e
Laundry income 1,281 1,281
6. lnvestmentincome
Unrestricted Total
funds funds
2022 2022
C E
lnvestmentincome 18,084 18,084
Unrestricted Total
funds funds
2021f 2021
F
lnvestment income 18,539 18,539

Unrestricted Total
funds funds
2022 2022
e F
Provision of accommodation 245,238 245,2?e
Unrestricted Total
funds funds
2021t 2021I
Provisionofaccommodation 157,352 197,352
::

Activities
undertaken Support Total
directly costs funds
2022t 2022t 2022t
Provision of accommodation 242,490 2,748 245,238
Activities
undertaken Support Total
directly costs funds
2021
2021
2021I
Provisionofaccommodation 194,682 2,67A 197,352

Total Total
funds funds
2A22t 2021
e
Staffcosts 57,630 58,425
Depreciation 22,O13 22,028
Rates&water 11,481 8,299
lnsurance 3,157 3,089
Light&heat 12,835 11,931
Repairs & maintenance 67,101 64,460
Gardeningincl.gardeners wages 6,844 10,472
Cleaning 4,440 3,171
Security& safety 10,337 6,365
Office expenses 3,O52 2,718
Legal& professional 40,481 600
Bankcharges 363 765
Residentwelfare 2,177 1,774
TVLicences 15 22
Trustee indemity insurance 484 484
Life insurance 80 79
242,490 194,682
Analysisofsupport costs
Total Total
funds funds
2022 2021
E E
Accountancy 2,748 2,670

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH2022
Auditors'remuneration
2422 2021
tr
Feespayable to thecharity'sauditorfor the auditofthe charity'sannual
accounts 1,850 1,800
Feespayable to thecharity's auditorinrespectof:
All non-audit servicesnotincluded aboye 898 870

2022 2021
I e
Wages andsalaries 53,953 54,662
Socialsecurity costs 1,004 1,119
Contribution to defined contribution pension schemes 2,673 2.644
57,630 58,425
2022 2421
No' No.
Employees : 2 2

FORTHE YEAR ENDED 31 MARCH2022
13.Housing properties
Housing
properties
f
Cost
At1April2021 1,098,920
Al3lMarch2O22 1,0s8,920
Amortisation
At1April202'1 731,548
Charge for theyear 21,57e
At 31March 2022 753.s26
Netbook value
At31t'Aarch2022 345,394
At 31March2021 367,372

FOR THE YEAR ENDED31M ARCH2022
14.Tangiblefixedassets
Office
equipment
E
Cost or valuation
At1April2021 2,382
Al31March2o22 2,382
Depreciation
At 1April2021 2,243
Chargefortheyear AE
Al31March 2022 2,278
Netbookvatue
At31March2022 104
Al31March2021 139
15.Fixed assetinvestments
Unlisted
investments
e
Cost or valuation
At 1April2021 585,154
Additions 28,957
Revaluations 50,961
At31March2022 665,072
Netbook value
Al31March2O22 665,072
At31March2021 585,154

2022 2021
c F
Duewlthlnone year
Tradedebtors 3,825 4,425
Prepayments and accrued income 6,257 7,068
10,082 11,093

2022f 2021
c
Bankoverdrafts 30
Accruals and deferred income 41,944 18,559
41,974 18,559

Balance at
Balanceat1 Transfers Gains/ 31tvlarch
April2O21
tr
lncomet Expenditure
f
in/outf (Losses)t 2022
f
Designated
funds
Recoupment
account 169,733 3,568 203 18,995
192,499
Cyclicalrepairs
&maintenance 34.107 2,374 36,481
ExtraOrdinary
repairs 381,314 13,186 12,000 29,592
436 092
585,154 16,754 12,203 50,901 005,072
Generalfunds
GeneralFunds-
allfunds 533,775 206,966 (245,235)(12,203) 483,300
Total
Unrestricted
funds
1,118,929 223,720(245,238)
:=:
50,961 1,148,372

Statementoffun ds-prioryear
Balance at
Balance at Transfers Gains/ 31March
1April2020I lncomeExpenditure
t
t
in/out
e
(Losses)t 2021
E
Unrestricted
funds
Designated
funds
Recoupment
account
133,603 3,778 203 32,149
169,733
Cyelicalrepairs
&maintenance
27,790 6,317 34,107
Extraordinary
repairs
286,954 13,315 12,000 69,045
381,314
448,347 17,093 12,203 1A7,511585,154
Generalfunds
GeneralFunds -
allfunds 526,211 217,119(1e7,352)(12,203) 533,775
Total
Unrestricted
funds
974,558 234,212 (197,352) 107,511 1,118,929

Summaryoffun ds-currentyear
Balance at
Balanceat1 Transfers Gains/ 31March
April2021t lncome Expendituret inioutt (Losses) zo22
g
Designated
funds 595,154 16,754 12,203 50,961 665,072
General funds 533,775 206,966 (245,238) (12,203) 483,300
1 ,'118,92e 223,720(245,238) 50,s61 1,148,372

Balance at
Balance at Transfers Gains/ 31tvlarch
1April2020f lncome
e
Expenditure! iniout
f
(Losses)
f
2021f
Designated
funds 448,347 17,093 12,203 107,511 585,1 54
General funds 52Q,211 217,119 {157,352|(12,20s) 533,775
s74,558 234,212(197,352) 147,511 1,118,929

Analysis ofnet assetsbetweenfunds-currentye ar
Unrestricted Total
funds funds
2022 2022
e a
Tangible fixedassets 104 104
lntangible fixedassets 345,394 s45,394
Fixed asset investments 665,072 665,072
Current assets 179,776 179,776
Creditorsduewithinoneyear (41,974) (41,e74)
Total 1,148,372 1,148,372

Analysis ofnet assetsbetweenfunds-prioryear
Unrestricted Total
funds funds
2421 2021
e E
Tangible fixedassets 139 120
lntangible fixedassets 367,372 367,372
Fixed asset investments 585,154 585,'154
Current assets 184,823 184,823
Creditorsduewithinone year (18,55e) (18,55e)
Total 1,118,929 1,118,929