2023-12-31-accounts

		Page
Charity Reference and Administrative	Details
Trustee's Annual Report		3-7
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet		10
Notes to the Financial Statements		11-22

					2023	2022
				Note
Fixed assets
Tangible assets				9	1,356,038	1,393,694
Investments				10	1,193,977	1,103,475
					2,550,015	2,497,169
Current assets
Debtors					9,091	7,446
Cash at bank	and in hand				260,226	236,107
					269,317	243,553
Creditors: amounts		falling due within one year		12	260,460	277,848
Net current	assets				8,857	(34,295)
Total assets	less current liabilities				2,574,520	2,462,874
Creditors: amounts		falling due after more than one year		13	53,551	69,199
Net assets					2,505,321	2,393,675
Charity Funds
Endowment	Funds
Permanent	Endowment			16	1,283,118	1,301,326
					1,283,118	1,301,326
Restricted funds				16	115,041
Unrestricted	Designated		Funds
Furniture &	Equipment		Fund	16	3,721	4,293
Extraordinary Repair		Fund		16	108,201	100,000
Special Repair Fund				16	116,746	79,256
Cyclical Maintenance			Fund	16	128,202	100,000
Building Fund				16	666,401	735,947
Unrestricted	Funds:	General Fund		16	83,891	72,853
					1,107,162	1,092,349
Total charity	funds			16	2,505,321	2,393,675

Si ned on behalf ofthe board ofthe corpor	ate trustee
	l
GH AMS	LAINSCOUGH
DIRECTOR OF KEVI CORPORATE TRUSTEE LTD	DIRECTOR OF KEVI CORPORATE TRUSTEE LTD

ome from donations, gra	nts and legacies
		2023		2022
	Unrestricted	Restricted	Total	Total
Grants for repairs		22,540	22,540	750
Crocus Campaign		38,375	38,375	26,983
Other donations	1,665		1,665
	1,665	60,915	62,580	27,733

ome from	charitable	activities
				2023		2022
			Unrestricted	Restricted	Total	Total
Residents	contributions	receivable	325,229		325,229	334,991
Parking scheme			895		895	800
Use of hall			1,555		1,555	790
Wayleave/	use ofpremises					950
insurance	claim		11,736		11,736
Other			634		634
			340,049		340,049	337,531

				2023		2022
			Unrestricted	Restricted	Total	Total
Interest	from	listed investments	18,379		18,379	17,851
Interest	from	deposit accounts	1,714		1,714	2,302
			20,093		20,093	20,153

		2023		2022
	Unrestricted	Restricted	Total	Total
Fundraising	48,271		48,271	58,948
Publicity	577		577	1,234
	48,848		48,848	60,182

6 Expenditure on	ch	ari	table activities
					2023		2022
				Unrestricted	Restricted	Total	Total
l tti	h		in
Empty property costs				2,512		2,512	1,335
Water charges				9,925		9,925	8,848
Insurance				11,258		11,258	10,218
Light and heat				9,273		9,273	7,305
Routine maintenance				37,796	540	38,336	38,463
Garden maintenance				6,471		6,471	7,210
Cleaning				1,550		1,550	2,702
Bad debt provision				(149)		(149)	(1,187)
Loan interest and charges				5,020		5,020	5,925
Depreciation offreehold		property		37,084		37,084	37,196
Sundry expenses				946		946	498
Cyclical maintenance				20,407		20,407	111,535
Extraordinary repairs				32,927	2,000	34,927	31,019
Insurance claim costs				8,085		8,085
				183,105	2,540	185,645	261,067
Sugg~msts
Wages and salaries (note		8)		58,968		58,968	41,915
Training costs				744		744	1,120
Subscriptions				543		543	511
Telephone, postage and stationery				1,328		1,328	1,773
Website development				515		515	961
Governance costs				3,059		3,059	8,089
ITHardware, Software	Lconsumable			3,864		3,864	1,628
Accountancy fees				3,631		3,631	3,499
Bank charges							64
Advertising and marketing							35
Sundryexpenses				1,505		1,505	1,620
				74,157		74,157	61,215
Depreciation offurniture		and equipment		572		572	577
Special Repair Fund repairs			(note 15)	49,010		49,010	20,744
Total regular charitable		activities		306,844	2,540	309,384	343,603
Project Crocus costs (funded from Building				43,346		43,346	160,312
Fund)
Total charitable activities				350,190	2,540	352,730	503,915

			2023	2022
			No.	No.
Estate management
Business management
Compliance officer
The total staff costs and employee		benefits were as follows:
			2023	2022
Wages and salaries			57,907	41,180
Social security
Defined contribution	pension costs		1,061	735
			58,968	41,915

Tangible fixed assets
	Freehold	Furniture and
	Property	Equipment	Total
Cost orvaluation:
At 1"January 2023	2,007,488	76,083	2,083,571
Additions
Disposals	(5,589)	(67,398)	(72,987)
At31"December 2023	2,001,899	8,685	2,010,584
Depreciation: At 1"January 2023	618,087	71,790	689,877
Charge forthe year	37,084	572	37,656
Eliminated on disposals	(5,589)	(67,398)	(72,987)
At31"December 2023	649,582	4,964	654,546
Net book value:
At31"December 2023	1,352,317	3,721	1,356,038
At31"December 2022	1,389,401	4,293	1,393,694

Market value at 1"January 2023	1,103,475
Additions
Disposals
Revaluation	90,502
Market value at31"December 2023	1,193,977
Cost at31"December 2023	613,221
Cost at31"December 2022	613,221

11 Debtors
			2023	2022
Contributions	in arrears		993	1,243
Provision for	doubtful debts		(262)	(453)
Other debtors
Prepayments	and accrued	income	8,360	6,656
			9,091	7,446
12 Creditors: amounts		falling due within one year
			2023	2022
Bank loans (note 14)			15,648	18,876
Contributions	received in advance		5,593	4,673
Other creditors			15,369	34,499
Provision for culvert repairs			215,000	215,000
Accruals and	deferred income		8,850	4,800
			260,460	277,848
13 Creditors: amounts		falling due after more than one year
			2023	2022
Bank loans and overdrafts		(note 14)	53,551	69,199
			53,551	69,199

4 Loans
		2023	2022
The Almshouse Association	Loan		4,200
Charity Bank Ltd loan		69,199	83,875
		69,199	88,075
Loans are repayable as follows:
In one year or less		15,648	18,876
Between one and two years		16,707	15,648
Between two and five years		36,845	53,551
In five years or more
		69,199	88,075

				Balance at	Balance at			Gains on	Transfers	Balance at
				1	January	Income	Expenditure	investments	between	31 December
					2023				funds	2023
nr trit		F	n
General Fund					72,853	343,428	(257,839)	7,241	(81,792)	83,891
Furniture	&Equipment				4,293		(572)			3,721
Fund
Extraordinary		Repair			100,000			8,201		108,201
Fund
Special Repair			Fund		79,256		(49,010)	6,500	80,000	116,746
Cyclical Maintenance					100,000			8,202	20,000	128,202
Fund
Building Fund					735,947	18,379	(91,617)	60,358	(56,666)	666,401
				1,092,349		361,807	(399,038)	90,502	(38,458)	1,107,162
trit	F	n
Repairs						22,540	(2,540)			20,000
Project Crocus						38,375			56,666	95,041
			mntF	n
Permanent	Endowment			1,301,326					(18,208)	1,283,118
Fund
Total				2,393,675		422,722	(401,578)	90,502		2,505,321

6 Analysis of	net	assets b	etween funds
						Creditors
			Fixed assets	Investments	Current	due more
					assets/	than one
					(liabilities)	year	Total
rit Fn
Furniture &Equipment		Fund	3,721				3,721
Extraordinary Repair Fund				108,201			108,201
Special Repair Fund				116,746			116,746
Cyclical Maintenance		Fund		128,202			128,202
Building Fund				666,401			666,401
General Fund				59,386	24,505		83,891
Total unrestricted	funds		3,721	1,019,550	24,505		1,107,162
Repairs				20,000			20,000
Project Crocus				95,041			95,041
Total restricted funds				115,041			115,041
Permanent Endowment		Fund	1,352,317		(15,648)	(53,551)	1,283,118
Total			1,356,038	1,193,977	8,857	(53,551)	2,505,321