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|Trustees|||Mr A Barr||||
|---|---|---|---|---|---|---|
||||Dr MH Porter||||
||||Dr AH Taylor||||
||||Mrs SGreenwood||||
||||Mr AM Davidson||||
||||Mr ED Chantler|MBE|||
||||Mr WH Peter (resigned||12 May 2021)||
||||Mrs S Hasler (resigned||10 February 2021)||
||||Mr JF Barr||||
||||Mr MR Ballard||||
||||Ms H Thorneloe||||
||||Rev DrJ Huggins||||
||||Mrs M McFarlane|(appointed||12 May 2021)|
||||Mr P Jarvis (appointed||12 May 2021)||
|Registered|number||211272||||
|Principal address|||The Homestead||||
||||Grafty Green||||
||||Maidstone||||
||||Kent||||
||||ME17 2AP||||
|Accountants|||MHA Maclntyre
Hudson||||
||||Chartered
Accountants||||
||||Victoria Court||||
||||17-21 Ashford
Road||||
||||Maidstone||||
||||Kent||||
||||ME14 5DA||||
|RSH registration||number|A4001||||
|Treasurer|||Mr WJ Collins FCCA||||
|Clerk|||Mrs J Rimmer||||
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|||||2020|2019|
|---|---|---|---|---|---|
||||Note||E|
|Maintenance
contributions||||123,850|121,870|
|Investment
income||||666|911|
|Gross income||||124,516|122,781|
|Operating
expenditure||||(113,424)|(113,835)|
|Surplus for the financial year||||11,092|8,946|
|||||11,092|8,946|
|Other comprehensive|income for the year|||||
|Gains/(losses)
on revaluation||of investments||(4,461)|52,652|
|Total comprehensive|income for the year|||||
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||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Note||||E|
|Tangible assets|||||623,470||636,782|
|Investments|||||96,944||100,130|
||||||720,414||736,912|
|Current assets||||||||
|Debtors||||12,853||12,081||
|Current asset investments|||10|15,792||17,067||
|Bank and cash balances||||69,462||35,291||
|||||98,107||64,439||
|Creditors: amounts||falling due within one||||||
|year||||(18,528)||(7,989)||
|Net current|assets||||79,579||56,450|
|Total assets|less current liabilities||||799,993||793,362|
|Net assets||||||||
|Capital and|reserves|||||||
|Unrestricted|funds||||799,993||793,362|
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||||2020|2019|
|---|---|---|---|---|
|Cash flows from operating|activities||||
|Profit for the financial year|||11,092|8,946|
|Adjustments
for:|||||
|Depreciation
oftangible assets|||24,918|24,918|
|Interest received|||(666)|(911)|
|(Increase)/decrease
in debtors|||(772)|4,394|
|Increase
in creditors|||10,539|1,822|
|Net cash generated
from operating||activities|45,111|39,169|
|Cash flows from investing|activities||||
|Purchase
oftangible
fixed assets|||(11,606)|(341,787)|
|Sale of unlisted
and other investments||||300,000|
|Income from investments||||250|
|Dividends
received|||661|661|
|Net cash from investing
activities|||(10,940)|(40,876)|
|Cash flows from financing|activities||||
|Repayment
ofother loans||||(787)|
|Net cash used
in financing|activities|||(787)|
|Net increase/(decrease)
in|cash and|cash equivalents|34,171|(2,494)|
|Cash and cash equivalents|at beginning
ofyear||35,291|37,785|
|Cash and cash equivalents|at the end ofyear||||
|Cash and cash equivalents|at the end ofyear comprise:||||
|Cash at bank and
in hand|||69,462|35,291|
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|At 1||At 31|
|---|---|---|
|January||December|
|2020
f|Cash flows
E|2020
E|
|35,291|34,171|69,462|
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|||2020f|2019
E|
|---|---|---|---|
|Dividends|received|661|661|
|Interest receivable|||250|
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|Operating
Surplus|||
|---|---|---|
||2020f|2019
E|
|Honoraria|14,690|14,245|
|Depreciation|||
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|||2020|2019|
|---|---|---|---|
|Turnover comprises:||||
|Maintenance|contributions|111,810|110,140|
|Charge for|heating|12,040|11,730|
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||Freehold|Fixtures and||
|---|---|---|---|
||property|fittings|Total|
|||E|F|
|Cost or valuation||||
|At 1 January 2020|1,153,501|2,440|1,155,941|
|Additions|11,606||11,606|
|At 31 December 2020|1,165,107|2,440|1,167,547|
|Depreciation||||
|At 1 January 2020|516,719|2,440|519,159|
|Charge for the year on owned assets|24,918||24,918|
|At 31 December 2020|541,637|2,440|544,077|
|Net book value||||
|At 31 December 2020||||
|At 31 December 2019||||
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||||Shares|
|---|---|---|---|
|Cost or valuation|ofaccumulation|shares||
|At 1 January 2020|||100,130|
|Revaluations|||(3,186)|
|At 31 December 2020||||
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|Debtors|||||
|---|---|---|---|---|
||||2020|2019|
||||E||
|Other debtors||||88|
|Rent arrears|||1,715|1,405|
|Maintenance|contribution|accrued income|11,138|10,588|
|Current asset investments|||||
||||2020f|2019|
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|Creditors: Amounts|falling due within one year|||
|---|---|---|---|
|||2020|2019|
|Other creditors||6,346|2,338|
|Accruals and deferred|income|12,182|5,651|
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||||Net|Transfers||
|---|---|---|---|---|---|
||||movement
in|between||
|||At 1/1/20|funds|funds|At 31/12/20|
|||E|E|E||
|Unrestricted|funds|||||
|General
fund||693,232|9,817||703,049|
|Extraordinary|repair fund|100,130|(3,186)||96,944|
||||||~C)~(g|
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|Net movemen|t
in fu|nds,
included
in th|e above are as follows:||||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movements|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|General
fund|||124,516|(113,424)|(1,275)|9,817|
|Extraordinary|repair|fund|||(3,186)|(3,186)|
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement
in|between||
|||||At 1/1/19|funds|funds|At 31/12/19|
||||||F|E|F|
|Unrestricted||funds||||||
|General|fund|||382,252|10,980|300,000|693,232|
|Extraordinary||repair|fund|349,512|50,618|(300,000)|100,130|
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|Compara|tive|net mo|vement
in funds,|included
in the above are|as follows:|||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movements|
|||||resources|expended|losses|in funds|
||||||||E|
|Unrestricted||funds||||||
|General|fund|||122,781|(113,835)|2,034|10,980|
|Extraordinary||repair|fund|||50,618|50,618|
|||||k1|~gg@|||
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|||2020|2019|
|---|---|---|---|
||Note||F|
|Maintenance
contributions||123,850|121,870|
|Investment
income||666|911|
|Total incoming
resources||||
|Less: overheads||||
|Operating
expenditure||(113,424)|(113,835)|
|Operating
surplus||11„092|8,946|
|Net income for the year||||
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||||2020f|2019
E|
|---|---|---|---|---|
|Income|||||
|Maintenance
contributions|||123,850|121,870|
||||2020f|2019
F|
|Investment
income|||||
|Dividends
received||||661|
|Interest receivable||||250|
||||2020|2019|
||||E|f.|
|Expenditure|||||
|Printing
and stationery|||161|254|
|Legal and professional|||1,758||
|Accountancy
fees|||1,656|1,584|
|Bank charges|||150|158|
|Sundry expenses|||988|652|
|Water and sewerage|||6,306|5,719|
|Electricity|||1,202|1,291|
|Gas|||10,605|10,967|
|Insurances|||3332|2,672|
|Depreciation|||24,918|24,918|
|Monitoring
lifelines|||668|1,022|
|23 High Street - running||costs|1,964||
|Day to day maintenance|||17,548|16,262|
|Cyclical and major maintenance|||24,501|31,316|
|Christmas
alms|||2,340|2,175|
|Honoraria|||14,690|14,245|
|Home and Communities||Agency subscription|300|300|
|NAA subscription|||56|33|
|Housing
ombudsman|subscription||281|267|