## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |STATEMEN|T OF FINANCi|AL AC|TIVITIES FO||R THE YEAR|ENDE|D 5TH APRIL|2022| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Funds||| |||Notes|G|I|~Di
tvd||Total|Total| ||||Fund||Funds||2022|2021| |INCOME FROM|||||||6|| |Charitable
Activity:||||||||| |Contributions
by Almspeople
Investments||2|110,674
18,004||15,771||110,674
33,775|115,965
32,309| |Total income|||128,678||15,771||144,449|148,274| |EXPENDITURE ON||||||||| |Raising funds:||||||||| |Investment
property
Charitable
Activity:|expenses|3|4,787||||4,787|3,671| |Residential
charges collection fees
Property repairs and maintentance
Lift maintenance
Light and heat
Insurance
Water charges
Garden maintenance
Council Tax
Warden's
salary
Warden
Call
Telephone
Administrator's
fee
Governance costs
Depreciation
Sundry expenses||4
5
6
7|2,738
44,001
1,686
12,631
2,612
2,190
1,570
8,714
15,263
1,188
765
7,500
11,548
5,392
1,008||||2,738
44,001
1,686
12,631
2,612
2,190
1,570
8,714
15,263
1,188
765
7,500
11,548
5,392
1,008|2,311
17,608
1,671
11,237
2,579
2,355
1,570
2,335
15,468
1,179
678
7,000
10,880
5,592
512| |Total expenditure|||123,593||||123,593|86,648| |Net income before gains/(losses)||||||||| |on investment
assets|||5,085||15,771||20,856|61,626| |Gain/{Loss) on investment
assets:||||||||| |Unrealised
- Investments
Unrealised
- Investment
properties|||||35,616||35,616|85,759| ||||||35,616||35,616|85,759| |Net surplus/(deficit)
for
before transfers
Transfers
between
funds|year|10|5,085
(687)||51,387
687||56,472|147,385| |Net movement
in funds
Fund balance brought
forward|||4,398||52,074||56,472|147,385| |at 6th April 2021|||511,912||1,404,683||1,916,595|1,769,210| |Fund balance carried forward||||||||| |at 5th April 2022||S|516,31Q|E 1,456,757||6|1,973,067|6 1,916,595| ## ## |STATEMENT OF CASH FLOWS FOR THE Y|EAR ENDING 5TH APRIL|2022| |---|---|---| ||2022|2021| |||E.| |RECONCILIATION
OF NET INCOME TO||| |NET CASH FLOW FROM OPERATING ACTIVITIES||| |Net income/(deficit)
for the year (page 4)
Adjustments
for:|56,472|147,385| |Net (gains)/losses
on investments
Depreciation
charge
Investment
income
(Increase)/Decrease
in debtors
Increase/(Decrease)
in creditors|(35,616)
5,392
(33,775)
2,972
2,900|(85,759)
5,592
(32,309)
5,523
3,778| |Net cash generated/(absorbed)
by operations|(1,655)|44,210| |CASH FLOWS FROM INVESTING ACTIVITIES||| |Investment
income
Purchases ofinvestments|33,775
(20,771)|32,309
(21,576)| |Net cash generated
from investing
activities|13,004|10,733| |Change
in cash and cash equivalents
in the
reporting
period|11,349|54,943| |Cash and cash equivalents
at 5th April 2021|503,857|448,914| |Cash and cash equivalents
at 5th April 2022
Cash with deposit takers and at bank|6 515,206|503,857| |Comprising:||| |Cash with deposit takers (page 5)
Cash at bank (pane 5)|426,985
88,221|426,466
77,392| ||6 515,206|F. 503,857| ## ## ## ## ## ## ## ## ## ## ## |INVESTMENT INCOME|INVESTMENT INCOME||||||| |---|---|---|---|---|---|---|---| |Rents receivable
NAACIF Accumulation
Units:
General
Fund
E
17,475||Unrestricted
~Di
td
Fund|||Funds
Total
2022
17,475||Total
2021
Z
14,440| |Distributions
Invested
COIF Income Units:||15,771|||15,771||16,576| |Distributions
received
Interest
Receivable|9
520||||9
520||9
1,284| |18,004||15,771|||33,775|E|32,309| |INVESTMENT PROPERTY EXPENSES|||||||| ||||||2022||2021| |Agents and professional
fees
Repairs and maintenance|||||3,582
1,205||3,089
582| |||||E|4,787|E|3,671| |PROPERTY REPAIRS AND MAINTENANCE|||||||| ||||||2022||2021| |Flats refurbishment
Repaint/refurbish
front doors
Electrical installation
reports
Bathrooms
refurbishment|||||27,613
3,989
4,030||E
8,505| |Outdoor
lighting
Decoration
- communal
areas
Electrical servicing
Boiler service and repairs
Laundry
room - Equipment,
repairs
Fire equipment
maintenance
General repairs and maintenance|||||800
600
1,375
2,206
3,388||5,024
1,023
499
1,285
1,272| ||||||44,001||17,608| ## ## ## ## ## ## |1
TANGIBLE FIXED|ASS|ETS||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||||Furniture||| |||||||||||||||Freehold||f~ittin s 8t||| |||||||||||||||~ro art||||Total| |Cost||||||||||||||||||g| |At 6th April 2021
Additions||||||||||||||548,628||66,686||615,314| |At 5th April 2022||||||||||||||548,628||66,686||615,314| |Depreciation||||||||||||||||||| |At 6th April 2021
Charge for year||||||||||||||80,940
4,313||59,495
1,079||140,435
5,392| |At 5th April 2022||||||||||||||85,253||60,574||145,827| |Net book value||||||||||||||||||| |At 5th April 2022|||||||||||||g|463375||g
6 112||S 469487| |At 6th April 2021||||||||||||||467,688||f,
7,191||8 474,879| |AII tangible fixed assets||were used for charitable||||||||purposes.||||||||| |The charity's
freehold
property
comprises
the
housing
property
known as Dorant House,
New
Greens
Lane,
St. Albans,
Hertfordshire
AL3 6HT. Cost includes
the
purchase cost ofthe site
incurred
in
1978
amounting
to
Z30,000
and
subsequent
expenditure
on
building
costs
amounting
to F518,628 and
expenditure
on
replacement
windows
incurred
in 2012-13and
2014-15.||||||||||||||||||| |The site acquisition
cost is not depreciated.
The vacant possession
is estimated
by the Trustees to be ofthe order ofE1.5m at 5th April|||||||||||||||market
value
2022.||of|the property| |FIXEDASSET INVESTMENTS||||||||||||||||||| |||||||||||||||~di|tdd
d|||| ||||||||||||||||~Et«d|||| |||||||||~Ca|ital|||||~Ca
ital||~Re air||| |||||||||Fund||||||Fund||Fund||| ||||||||Investment||||||Investment|||Investments||| |||||||||~Pro|ert|||||COIFCIF||NAACIF||Total| |At 6th April 2021 at valuation
Additions
at cost
Distributions
reinvested
Unrealised
gains/(losses)||||||||475,000||||||295
30||461,700
5,000
15,771
35,586||936,995
5,000
15,771
35,616| |AT 5th April 2022 at|valuation|||||R||475,000||||E||325|5|518,057|g|993,382| ## ## ## ## ## ## |dividends
amounted
DEBTORS|to|,
q
E359,939at 5th April 2022 (2021-f339|aons
an ac
,168).|cumulated| |---|---|---|---|---| ||||2022|2021| |Due within one year||||E| |Contributions
receivable
Prepayments|||9,282
1,860|12,787
1,327| ||||11,142 E|14,114| |CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||| ||||2022|2021| |Social Security and
Resident
payments
Accruals|other taxes
in advance||362
1,131
14,657|425
2,249
10,576| ||||16,150 E|13,250| ## ## |ANALYSIS OF' NET ASSETS|BETWEEN FUNDS|||| |---|---|---|---|---| ||||Et«d|Total| ||General|~Ca
ital|~Re air|Net| ||Fund|Fund|Fund|Assets| |Tangible fixed assets
Fixed asset investments
Debtors
Cash with deposit takers
Cash at bank
Creditors (1 year|E
6,112
11,142
426,985
88,221
(16,150)|463,375
475,325|K
518,057|E
469,487
993,382
11,142
426,985
88,221
(16,150)| ||F. 516,310|E938,700|F. 518,057 F. 1,973,067|| ## ## |||||~Brou
ht
Forward at
06.04.21|~Brou
ht
Forward at
06.04.21|~lncomin
Resouces
Year|~Out
oin
Resources
Year|~Out
oin
Resources
Year|Transfers|Carried
~Ft
05.04.22| |---|---|---|---|---|---|---|---|---|---|---| |GENERAL||||||||||| |Accumulated||Surplus||511,912||128,678|(123,593)||(687)|516,310| |DESIGNATED||||||||||| |~cit
I F|d|||||||||| |Accumulated
Investments:||resources||517,092|||||(4,313)|512,779| |Revalution|Reserve|||425,891||30||||425,921| |||||942,983||30|||(4,313)|938,700| |Extraordinar||Re|air Fund|||||||| |Accumulated
Investments:||resources||339,168||15,771|||5,000|359,939| |Revaluation||Reserve||122,532||35,586||||158,118| |||||461,700||51,357|||5,000|518,057| |Total Designated|||Funds|1,404,683||51,387|||687|1,456,757| |Total Funds||||F. 1,916,595|E,|180,065 E|(123,593) S||-|Z 1,973,067| ##