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