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|---|---|
|Trustees'Report|1-3|
|Independent Examiner'sReport||
|Stateeeiitof FinancialActivities||
|BalanceSheet||
|StatementofCashFlows||
|Notes totheFinancialState,ments|8-14|





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|Chairperson|Mrs[MMar,ker:z:ie|
|---|---|
|Vice Chairperson|MrRGHovey|
|ClerktotheTrustees|Mr ARoberts /MrsNClarke|
|Trustecs|MrSHollinshead|
||MrsPBarnett|
||MrsPMinshull|
||MrEka|
||MrsPCotton|
||MrsA Nevitt(appointed5 JunezAX)|
||MrsSBroad(appointed5June2023)|
||Mr TWheatcroft (appointed5June2023)|
||MrD Robinson(resigned9July2An)|
||MrsPEaton (resigned5June2423\|






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|||UnrestrictedResfricted|UnrestrictedResfricted|UnrestrictedResfricted|TotalFunds|TotalFunds|TotalFunds|
|---|---|---|---|---|---|---|---|
||NoteFunds|||Funds|2423||2fi22|
||||gf||*.||g|
|Income||||||||
|Eamedfiomcharitable activities||115,164|||115,164||11A,943|
|Investrnent income:||||||||
|OfficialcustodianforCharincoshares|||373||373||3t3|
|Donations||||||||
|Other bank interest received|||253||253||38|
|Totalineome||Lr5,7g0|||11,5,79$||lLl,354|
|Expenditure||||||||
|Costsofraisingfunds||||||||
|Expenditureonclraritable activities||l19,SS;|||Ii9,88;||112,008|
|Total experditure||_:3-"|||119"881||."'f-:|
|Netincome/(experditure)|||(4,091)||(4,091)||(654)|
|Transfers||||||||
|Transfers between funds||||||||
|Netincome/(expenditure) before||||||||
|gains andlosseson investments|||(4,091)||(4,091)||(6s4\|
|Netgai.ns/(losses)oninvestments|||54,547||54,547||(44.516)|
|Nefmovementinfunds|||54,456||50,456||{45,470)|
|Reconciliation of funds||||||||
|Balancesbrought forwardat1lanuary2A23|l0|6|i1,100||611,100||656,574|
|Balances carnedforwardat3lDecember2A23I0||<br>651,556||<br>-|661,556||611,100|
|||::::||||||





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||Note||2023|||202?||
|---|---|---|---|---|---|---|---|
|||||f|s||f|
|Fixedassets||||||||
|Housingproperties|4|||828,018|||828,018|
|Less:Socialhousinggrant|4|||(663,256)|||(663,256)|
|Accunulateddepreciation|4|||(67,653)|||(63,075)|
|Tangibleassets|4|||94,502|||95,743|
|||||l9l,71I|||198,430|
|Currentassets||||||||
|Debtors|3|2,258|||2,355|||
|Investments|6|498,545|||440,998|||
|Cashatbank andinhand|7|24,697|||75,984|||
|||||521,494|||459,337|
|Creditors:||||||||
|amountsfallingduewithinoneyear||||(20,783)|||(15,525)|
|Netcunentassets||||500,711|||443,812|
|Totalassets lesscurrentliabilities||||692,422|||642,242|
|Creditors:||||||||
|amountsfallingdue after more than||||(30,866)|||(31,t42:)|
|one year||||||||
|Netassets||||661,556|||611,100|
|Funds|10|||||||
|Designatedreserves||||||||
|Routinemaintenance||||108,845|||99,942|
|Cyclicalmaintenance||||116,059|||107,178|
|Extraordinarymainteoancefund||||33,355|||?1155<br>'"JJJ|
|Otherreserves||||||||
|Investmentrevaluationreserve||||4M,617|||390.070|
|hcomeand expenditure account||||@132a)|||(19,4/.5)|
|||||661,556|||611,100|





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|||2423|2422|
|---|---|---|---|
||Note|{,|f,|
|Netcashgeneratedfromoperating activities|7|7,332|7,891|
|Cashflowfrominveeting activities||||
|Interestanddividends||626|411|
|Proceedsfromsaleofinvestments||||
|Purchaseofinvestments||(3,000)|(3,000)|
|Purchaseoffxedassets||||
|Repaymentofborrowings||(2st;|(2,725;|
|Netchangeincashandcashequivalents||4,747|2,574|
|CashandcashequivalentsatIJanuary||15,984|13,410|
|Cashandcashequivalents at31Deeember||2A,691|15,984|





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|Housing properties|Structure|100 years|
|---|---|---|
||Roofs|70years|
||Windowsandexternal doors|30 years|
||Kitchens|30years|
||Bathrcoms|35 years|
||Electrics|4Ayears|
||Gasboilers|30years|
||Communalflxtures|10years|
||Cenffal heating|30years|
|Communai meetingroom|Strucfure|100 years|
||Windowsandexternal doors|30 years|
||Casboiler|30 years|
||Kitchen|30 years|
|Landscapingand car parks||10years|
|Sheds andallotments||20years|
|Wardencontrolsystem||i0years|



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|Income EarnedfromCh|aritableActivitieq||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||Funds|Funds|2023|2022|
||*.|*.|*,|f|
|Rental income|ll5,l64||115,154|110,943|
||115,t64||tl5,l64|110.943|



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|ExpenditureonCharitable Ac|tivities||||
|---|---|---|---|---|
||Unresfricted|Restricted|Total|Tctal|
||Funds|Funds|2023|2022|
||f|t|G|f|
|Wardens salary|26,956||26,956|25,486|
|Telephone(warden)<br>Warden control(intercom)|846<br>2,217||846<br>2,27'.7|803<br>),19.|
|Electricity<br>Gardening|1,551<br>7,911||1,551<br>7,911|3,492<br>5g1g|
|Waterrates|9,419||9,47q|8,660|
|Windowcleaner|r22||122|96|
|CommunalTVlicense|90||90|103|
|Mortgage interest|3,049||3,449|3,472|
|Routinemaintenanc.e|9,842||9,802|9,437|
|Cyclicalmaintenance|18,205||18,205|18.880|
|Depreciation|6,"72$||6,72{}|6,864|
|Suooortcosts|||||
|Sur"-eyorsrepoilsetc.|5,792||5,792|2,305|
|Insurances|3,181||3,181|2,8$',1|
|Subscriptions|994||994|qt7|
|Sundryexpenses|723||723|550|
|Fees- clerk|19,596||19,595|18,84CI|
|Laanatangementfees||||125|
|Accountancyfees|2,7{\8||2,708|1,754|
||I19,881||I19,88i|112,008|





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|4.Tangible FixedAssets|||||||
|---|---|---|---|---|---|---|
||Landscaping<br>&CarSheds&||Housing|Warden<br>Control|Communal<br>Meeting||
||ParksAllotmerts<br>f,<br>f.||Properties<br>t|System<br>*.|Room<br>f,|Total<br>f.|
|Cost|||||||
|LstlannryZA23|20,3-541,153||828,018|8,987|95,373|953,885|
|Additions|||||||
|3lstDecember2023|243s4|1,153|828,018|8,987|95,373|953,885|
|SocialI{ousingGrant|||||||
|lstJanuary2023|||(663,256)|||(663,256)|
|Additions|||||||
|3lstDecembet2023|||(663,256)|||(663,256)|
|Depreciation|||||||
|lstlanuary2023|7,452|1,153|63"075|8,088|12,430|92,198|
|Additions|||4,578|899|1,243|6,720|
|3lstDecember2023|7,452|1,153|67.653|8,987|13,673|98,918|
|Netbookamount|||||||
|3lstDecember2023|12,902||97,L09||81,700|L91",711|
|lstlanuary2$23|17,902||101,687|899|82,943|198.,431|
|5.Debtors|||||2423|2922|
||||||*,|f|
|Rent debtors|||||392|895|
|Prepayments and accrued|iacome||||1,722|1,460|
|Other debtors|||||144||
||||||2,258|2,355|





|6.|Investmentq|||
|---|---|---|---|
|||2023|2$22|
|||f|f|
||Costor valuation|||
||MarketvalueatIJanuary2023|440,998|482,814|
||Additionsatcost|3,000|3,000|
||Carryingvalueofdisposals|||
||Netunrealised {loss)/gainonrevaluatioaofinvestments|54,547|(44,816)|
||Marketvalueat 31December2423|498,545|44O,q9B|



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|Reconciliation ofNetMovementinFu{rds toNet Cash|FlowfromOperqtins Ac|tivities|
|---|---|---|
||2023|2t22|
||g|f|
|Net movementinfunds|50,456|(45,474)|
|lnvestment income|(626)|(411)|
|Addback depreciationcharge|6,72A|6,864|
|Losses/(gains)oninvestments|(54,547)|44,815|
|Decreasei(increase)indebtors<br>Increase/{decrease)increditars|97<br>\?17|{265)<br>)7\7|
|Netcash usedinoperating activities|7,332|7,891|
|AnalysisofCash and Cash Equivalents<br>Royal BankofScotlandcurrent account|566|5tl|
|Royal BankofScotlandhighiaterestaccourt|19,L"17|14,565|
|CCLA- Charities depositfund|948|908|
||2A,691|15,984|





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|NotestotheAccountsforthe yearended3lDecembet2823||||
|---|---|---|---|
|||z&23|2822|
|8.Creditors:Amountsfallinsduewithinonevear||f,|f|
|Mortgages-secured||276|2st|
|Rent receivedinadvance||5,497|4,695|
|Accrualsandsundrycreditors||15,010|10,579|
|||20,783|15,525|
|||2423|2422|
|9,Creditors:Amountsfallin&due afteronevear||f|*,|
|Mortgages-secured||3S,866|31,142|
|||30,866|,tw|
|Maturityof debt includedabove||||
|Betweenone andtwoyears||303|?76|
|Betweentwoandfiveyears||1,106|1,005|
|lnfiveyears or more||29,457|29,861|
|||30,866|31,142|
||#ffi|||



||Balanee|||Gains/|Balance|
|---|---|---|---|---|---|
||B/F<br>f,|lncoming<br>tf|Outgoing|Losses<br>f,|c/r'<br>f,|
|a)Routinemaintenancefund|99,942|18,705|(9,802)||108,845|
|b) Cyclicalmaintenancefund|107,178|27,486|(18,205)||t16,059|
|c)Extraordiaarymaintenancefuitd|33,355||||33,355|
|d) Investmentrevaluationreserve|390,070|||54,547|444,617|
|e)lncomeandexpenditure account|(t9,445)|69,999|{91,874)||{41,320)|
|Total capitaland reserves|611,100115,790||(119,881)54,547||661,556|
||:::-:|||||





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