# ## ## |Trustees|||Mr A Barr||||| |---|---|---|---|---|---|---|---| ||||Dr MH Porter||||| ||||Dr AH Taylor||||| ||||Mrs SGreenwood||||| ||||Mr AM Davidson||(resigned 9||February 2022)| ||||Mr ED Chantler|MBE|||| ||||Mr JF Barr||||| ||||Mr MR Ballard||||| ||||Ms H Thorneloe||||| ||||Rev DrJ Huggins||||| ||||Mr P Jarvis||||| ||||Mrs J Gent (appointed|||9 February 2022)|| ||||Mr WH Alexander||(appointed||9 February 2022)| |Registered|number||211272||||| |Principal address|||The Homestead||||| ||||Grafty Green||||| ||||Maidstone||||| ||||Kent||||| ||||ME17 2AP||||| |Accountants|||MHA||||| ||||Chartered
Accountants||||| ||||Victoria Court||||| ||||17-21 Ashford|Road|||| ||||Maidstone||||| ||||Kent||||| ||||ME14 5DA||||| |RSH registration||number|A4001||||| |Treasurer|||Mr WJ Collins FCCA||||| |Clerk|||Mrs KCostain||||| ## |||Page| |---|---|---| |Report ofthe Trustees||| |Accountants'
Report||| |Statement ofComprehensive|Income|| |Balance Sheet||6-7| |Statement ofCash Flows||| |Analysis of Net Debt||| |Notes to the Financial Statements||10-18| |Detailed Statement of Financial Activities||19-21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |||||Note||F| |Maintenance
contributions
and heating charges|||||132,552|127,614| |Investment
income|||||686|623| |Gross income|||||133,238|128,237| |Operating
expenses|||||(112,313)|(105,881)| |Operating
surplus|||||20,925|22,356| |Interest payable
and similar||expenses|||(917)|| |Surplus for the financial year|||||20,008|22,356| |Other comprehensive|income for the year|||||| |Gains/(losses)
on revaluation||of investments|||(68)|14,193| |Other comprehensive|income for the year||||(68)|14,193| |Total comprehensive|income for the year|||||36 549| |All income and expenditure||has arisen from continuing|activities.|||| ## ## |||||2022||2021| |---|---|---|---|---|---|---| |||Note||||F| |Fixed assets||||||| |Tangible assets||||838,969||630,610| |Investments||||59,644||109,715| |||||898,613||740,325| |Current assets||||||| |Debtors: amounts|falling due within one year|9|18,352||13,268|| |Current asset investments||10|16,678||17,214|| |Cash at bank and|in hand||85,072||83,963|| ||||120,102||114,445|| |Creditors: amounts|falling due within one|||||| |year|||(32,018)||(18,228)|| |Net current assets||||88,084||96,217| |Total assets less|current liabilities|||986,697||836,542| |Creditors: amounts|falling due after more|||||| |than one year||12||(130,217)||| |Net assets||||||836 542| |Capital and reserves||||||| |Unrestricted
funds||14||856,480||836,542| |||||||666 542| ## ||||||2022|2021| |---|---|---|---|---|---|---| |||||||F| |Cash flows from operating||activities||||| |Surplus for the financial year|||||20,008|22,356| |Adjustments
for:||||||| |Depreciation
oftangible assets|||||26,089|24,918| |Interest
paid|||||(917)|| |Interest received|||||(686)|(623)| |(Increase)
in debtors|||||(5,086)|(415)| |Increase/(decrease)
in creditors|||||4,432|(300)| |Net cash generated
from|operating||activities||45,674|45,936| |Cash flows from investing||activities||||| |Purchase
oftangible
fixed|assets||||(234,448)|(32,058)| |Sale of unlisted
and other|investments||||50,539|| |Interest received|||||25|| |Dividends
received|||||661|623| |Net cash from investing|activities||||(183,223)|(31,435)| |Cash flows from financing||activities||||| |New secured loans|||||60,000|| |Repayment
of loans|||||(425)|| |Other new loans|||||80,000|| |Interest
paid|||||(917)|| |Net cash used in financing||activities|||138,658|| |Net increase
in cash and|cash equivalents||||1,109|14,501| |Cash and cash equivalents||at beginning||ofyear|83,963|69,462| |Cash and cash equivalents||at the end||ofyear|~~}Z2.|83963| |Cash and cash equivalents||at the end||ofyear comprise:||| |Cash at bank and
in hand|||||85,072|83,963| ||||||~69633|83963| ## ## ||||At|1||At 31| |---|---|---|---|---|---|---| ||||January|||December| ||||2022||Cash flows|2022| |||||f.|E|E| |Cash|at bank and|in hand|83,963||1,109|85,072| |Debt|due after 1 year||||(130,217)|(130,217)| |Debt|due within
1|year|||(9,358)|(9,358)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||2022|2021| |---|---|---|---| ||||F| |Dividends|received|661|623| |interest receivable||25|| ||||623| ## ## |The operating
surplus
is stated after charging:||| |---|---|---| ||2022|2021| |||F| |Honoraria|18,860|18,543| |Depreciation||24 918| ## ||||2022|2021| |---|---|---|---|---| |||||F| |Turnover comprises:||||| |Maintenance|contributions||120,072|115,384| |Heating charges|||12,480|12,230| ||||~i'|127614| |Losses arising|from voids amounted|to E1,527 (2021:F2,226).||| ## ## ||Freehold|Fixtures and|| |---|---|---|---| ||property|fittings|Total| ||f.|f.|E| |Cost or valuation|||| |At 1 January 2022|1,197,165|2,440|1,199,605| |Additions|234,448||234,448| |At 31 December 2022|1,431,613|2,440|1,434,053| |Depreciation|||| |At 1 January 2022|566,555|2,440|568,995| |Charge for the year on owned assets|26,089||26,089| |At 31 December 2022|592,644|2,440|595,084| |Net book value|||| |At 31 December 2022|~N+969.||~SQK| |At 31 December 2021|630610||630610| ## ||||Shares| |---|---|---|---| |Cost or valuation|ofaccumulation|shares|| |At 1 January 2022|||109,715| |Disposals|||(50,539)| |Revaluations|||468| |At 31 December 2022|||| ## |||||2022|2021| |---|---|---|---|---|---| ||||||F| |Maintenance||contribution|and heating charges arrears|3,687|2,535| |Maintenance||contribution|accrued income|12,581|10,733| |Insurance|claim|||2,084|| |||||~~i2|13268| ## ## |Current|asset investments||| |---|---|---|---| |||2022|2021| ||||F| |Income|shares|16,678
~l|17,214
1Xa&O| ## |Creditors: Amounts
|falling due within one year||| |---|---|---|---| |||2022|2021| ||||F| |Bank loans||1,358|| |Other loans||8,000|| |Other creditors||14,362|10,819| |Accruals and deferred|income|8,298|7,409| ||||18228| ## |Credi|tors: Amounts
falling due after more th|an one year|| |---|---|---|---| |||2022|2021| |||E|F| |Bank|loans|58,217|| |Other|loans|72,000|| ## ||2022|2021| |---|---|---| ||E|F| |Amounts
falling due within one year||| |Bank loans|1,358|| |Other loans|8,000|| ||9,358|| |Amounts
falling due 1-2years||| |Bank loans|1,426|| |Other loans|8,000|| ||9,426|| |Amounts
falling due 2-5years||| |Bank loans|5,033|| |Other loans|24,000|| ||29,033|| |Amounts
falling due after more than 5years||| |Bank loans|51,758|| |Other loans|40,000|| ||91,758|| ## ## ||||Net|Transfers|| |---|---|---|---|---|---| ||||movement
in|between|| |||At 1/1/22|funds|funds|At 31/12/22| |||f.|f.|F|F| |Unrestricted|funds||||| |General
fund||726,827|19,470|50,539|796,836| |Extraordinary|repair fund|109,715|468|(50,539)|59,644| |||836 542|~QUES||856480| ## |||||Incoming|Resources|Gains and|Movements| |---|---|---|---|---|---|---|---| |||||resources|expended|losses|in funds| |||||||F|F| |Unrestricted||funds|||||| |General|fund|||133,238|(113,230)|(536)|19,470| |Extraordinary||repair|fund|||468|468| |||||~~BL~~~~68|||19938| |Compara|tives|for movements
in funds:|||||| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| |||||movement|in|between|| ||||At 1/1/21|funds||funds|At 31/12/21| |||||||F|F| |Unrestricted||funds|||||| |General|fund||703,049|23,778|||726,827| |Extraordinary||repair fund|96,944|12,771|||109,715| ||||799993|36|549||836 542| |Total funds|||||||| |Compara|tive|net mo|vements
in funds|included
in the above a|re as follows:||| |---|---|---|---|---|---|---|---| |||||Incoming|Resources|Gains and|Movements| |||||resources|expended|losses|in funds| |||||||F|F| |Unrestricted||funds|||||| |General|fund|||128,237|(105,881)|1,422|23,778| |Extraordinary||repair|fund|||12,771|12,771| |||||128237|~105881|14 193|36 549| ## ## |||2022|2021| |---|---|---|---| ||||F| |Maintenance
contributions|and heating charges|132,552|127,614| |Investment
income||686|623| |Total incoming
resources||'~}8|128237| |Less: overheads|||| |Operating
expenditure||(112,313)|(105,881)| |Operating
surplus||20,925|22,356| |Interest payable||(917)|| |Net income for the year||~}J}98|22 356| ## |||||||2022|2021| |---|---|---|---|---|---|---|---| ||||||||F| |Income|||||||| |Maintenance
contributions|||||and heating charges|132,552|127,614| ||||||||127614| |||||||2022|2021| |Cost ofsales|||||||| |Dividends||||||661|623| |Interest||||||25|| ||||||||623| |||||||2022|2021| |||||||E|F| |Administration|expenses||||||| |Printing
and stationery||||||289|275| |NAA subscription||||||120|56| |Accountancy
fees||||||1,900|1,770| |Bank charges||||||104|86| |Sundry expenses||||||294|1,293| |Water and sewerage||||||6,066|5,376| |Electricity||||||1,868|1,681| |Gas||||||7,927|10,359| |Insurances||||||3,564|3,387| |Depreciation||||||26,089|24,918| |Monitoring
lifelines||||||663|666| |23 High Street -|running|||costs||519|2,862| |Day to day maintenance||||||15,863|16,715| |Cyclical and major||maintenance||||24,677|14,744| |Insurance
claim|received||||against repair costs|(3,745)|| |Christmas
alms||||||3,190|2,555| |Honoraria||||||18,860|18,543| |Home and Communities|||||Agency subscription|300|300| |Housing
ombudsman|||subscription|||309|295| |400th anniversary||expenses||||2,918|| |Loss on sale of investments||||||538|| ||||||||105881| ||2022|2021| |---|---|---| ||E|F| |Interest payable||| |Loan interest payable|917||