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2022-12-31-accounts

Statement of Financial Activit ies for the Year En ded 31Dece mber 2022
Unrestricted Restricted Total Total
Funds Funds Funds
2022 2022 2022 2021
Note f
Income
Income From Residents 3 24,937 24,937 24,937
Grant From Sevenoaks District Council
investments 100 100 98
Total 25,037 25,037 25,035
Expenditure
Audit 500 500 766
Water 181 181 255
Electricity and water on empty properties
Repairs 9,914 9,914 3,394
Cesspool Emptying 96 96
Property
Insurance
951 951 900
Subscriptions:
Almshouses
446 446 142
Other 2,176 2,176 300
Gardening 469 469 124
Depreciation 561 561 561
Total Expenditure 14,733 561 15,294 6,442
Net Gains (Losses) on Investments (442) 472
Net Income / (Expenditure) 9,862 (561) 9,301 19,065
Income &Expenditure Reserve 1.1.2022 82,484 2,665 85,149 66,084
Income
&, Expenditure
Reserve
31.12.2022 92,346 2,104 94,450 85,149

Unrestricted Restricted Total Total
Funds Funds Funds
2022 2022 2022 2021
Note
FIXEDASSETS
Housing Properties at Cost 10 102,928 102,928 102,928
Sewage Treatment Plant 2,104 2,104 2,665
102,928 2,104 105,032 105,593
CURRENT ASSETS
Investments 5 3362 3,362 3,804
Debtors 6 648 648 456
Cash at Bank and in Hand 62,045 62,045 49,273
TOTAL CIJRRKNT ASSETS 66,055 66,055 53,533
Creditors: Amounts falling due within
1 year 7 3,426 3,426 766
NET CURRENT ASSETS 62,629 62,629 52,767
TOTAL ASSETS LESSCURRENT
LIABILITIES 165,557 2,104 167,661 158,360
Creditors: Amounts falling due after 1
year
Housing association Grant 8 73,211 73,211 73,211
92,346 2,104 94,450 85,149
FUNDS OFTHE CHARITY
Restricted Funds 2,104 2,104 2,665
Unrestricted
Funds
9 92,346 92,346 82,484
92,346 2,104 94,450 85,149

2. Operating Surplus / (deficit) 2022 2021
This is stated after charging:
Accountants remuneration 500 766
3. Income from properties 2022 2021
No.3 7,200 7,200
No.4 7,200 7,200
No.5 3,037 3,037
No.6 7,500 7,500
24,937 24,937

2022 2021
Cost as at 1.1.2022 5,610 5,610
Additions
Cost as at31.12.2022 5,610 5,610
Accumulated
Depreciation
opening 2,945 2,384
Depreciation
in Year
561 561
Accumulated
Depreciation
closing 3,506 2,945
Net BookValue at end ofyear 2,104 3,226
5.
Investments
2022 2021
The Investments
comprise
the following:
184.99(2021184.99)Income units
Cost at31December 2022 543 543
2022 2021
Market Value at beginning ofthe year 3,805
Unrealised
Gain/ (Loss)
(443) 472
Market Value at end ofthe year 3,362 3,805
Notes to the A ccounts for the yea r ended 3 1 De cember 2022 2022
6.
Debtors
2022 2021
Prepayments-
Insurance
and
membership 648 456
7.
Creditors: Amounts
falling
due within one year 2022 2021
Penshurst Almshouses
—Building survey
On Margaret Hyde properties 2,160
Other Creditors-
audit fees (2years in 2022)
1,266 766
Total 3,426 766
8.
Creditors
due over 1year
Housing Association Grant 2022 2021
Grant 73 211 73211
9.
Analysis
ofMovements
in
Charitable Funds
Unrestricted Restricted Total
1.1.2022 82,484 2,665 85,149
Income 25,037 25,037
Expenditure (14,733) (561) (15,294)
Gains and
Losses (442 (442
31.12.2022 92,346 2,104 94,450
10.
Housing
Properties
2022 2021
Freehold Properties: Nos.3,4,5k 6 South Row
Wellers Town, Chiddingstone,
Edenbridge,
Kent
Cost
As at 1January 2022 and at31 December 2022 102,298 102,298
The properties
5.601,689)
are currently
valued for insurance
purposes at f703,705(2020
The market value is considerably in excess ofthis
amount.