2023-06-30-accounts - United Charities

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				Page
	Charity Information
	Report of	the Board ofTrustees		2-5
	Reporting	Accountants report
	Statement	of comprehensive	income
	Statement	of changes in reserves
	Statement	of financial position
	Statement	ofcash flows		10
10	Notes to the financial statements			11-20

Measuring value for money
Under the "Value for Money Standard 2018"					issued		by the Regulator, additional			measures	required	to be reported	annually	by the
Charity are:
Matrix								2023		2022
Reinvestment '/0								0'/0		0'/o
New Supply Delivered (Social Housing		Units)			'/0			0'/0		0'/0
New Supply Delivered (Non-Social	Housing			Units)			'/0	0'/0		0'/0
Gearing '/0								N/A		N/A
EBITDA MRI Interest Cover '/0								N/A		N/A
Headline Social Housing Cost Per	Unit						L'	6,616.00	5 5,620.87
Operating Margin (social housing	lettings		only)			'/0		-28'/0		-56'/0
Operating Margin (overall) '/0								280/0		-56'/0
Return on Capital Employed (RODE) '/0								-1'/0		-2'/0

					2022
			Notes
Turnover				166,388	128,719
Operating Costs			3	(213,165)	(201,266}
Operating Surplus	Ideficit			(46,7?6)	(?2,547)
interest receivable	and similar	income		4,589	3,470
Surplus I (deficit} on ordinary		activities before	taxation	(42,188)	(69,077)
Tax on surplus on	ordinary activities
Surplus i (deficit)	for the year			(42,188)	(69,077)
Other Comprehensive income
Revaluation			14	6,023	(5,054)
Total Comprehensive income for the year				(36,165)	(74,131)

	AS AT30JUNE	2023
	Notes	2023	2022
		F	F
Tangible fixed assets
Tangible fixed assets		2,798,372	2,822,050
Investments		177,881	171,859
		2,976,254	2,993,909
Current Assets
Debtors		42,648	27,465
Cash and cash equivalents		48,242	76,762
		90,890	'104,226
Less: Creditors
Amounts falling due within one year	12	(15,993)	(10,821)
Net current assets I (liabilities)		74,896	93,405
Total assets less current liabilities		3,051,150	3,087,314
Reserves
Revenue Reserve		979,417	1,021,605
Designated Reserves	13	78,769	78,769
Restricted Reserve	14	1,992,963	1,986,940
Total Reserves		3,051,150	3,087,314

					2023	2022
				Note	F	E
Cash inflow from operations				15	36,039	2,709
Corporation tax paid
Net cash inflow from operating activities					36,039	2,709
Cash flow from investing	activities
Purchase offixed assets					(69,148)	(43,600)
Interest received					4,589	3,470
Transfer from investment
Net cash inflow from / (used		in) investing	activities		(64,559)	(40,130)
Net increase in cash and	cash equivalents				(28,520)	(37,421)
Cash and cash equivalents	at	the beginning	ofthe year		76,761	114,182
Cash and cash equivalents		at the end of	the year		48,241	76,761

2023	2022
E	E

	Housing	Security	Motor
	properties	lighting	vehicles	Total
		E
Valuation / Cost
At 1 July 2022	3,002,194	3,990	9,780	3,015,964
- Additions	69,148			69,148
—Disposals
—Revaluation
At 30June 2023	3,071,341	3,990	9,780	3,085,111
Accumulated
depreciation
At 1 July 2022	180,144	3,990	9,780	193,914
Write off Structure
Depreciation
Charge for the year	92,826			92,826
At 30June 2023	272,969	3,990	9,780	286,739
Net book value
At 30June 2023	2,798,372			2,798,373
At 30 June 2022	2,822,051			2,822,052
Net Book Value before	depreciation and excl. valuation
			2023	2022
Net Book Value			830,718	865,469

10	INVESTMENTS
	Listed investment
	Valuation as at	1 July 2022					171,859
	Revaluation						6,023
	Transfer to current account
	At 30June 2023						177,881
	Analysis of investments					2023	2022
						E	E
	Investment fund	portfolio				157,881	171,859
	Total charity					157,881	171,859
	All investments	are held	in the UK.
	The historical cost ofthe investments				is f55,059.
11	DEBTORS
						2023	2022
						E	E
	Rent and service charge		arrears			18,517	5,639
	Less: provision	for bad debts				(3,665)	(1,141)
						14,852	4,498
	Other debtors					27,796	22,966
						42,648	27,465
12	CREDITORS: amounts		falling	due	within one year
						2023	2022
						E	E
	Prepaid rent					9,876	5,879
	Other creditors	and accruals				6,118	4,942
						15,994	10,822
13	DESIGNATED	RESERVES
				At1 July		Utilised	At 30June
					2022	in the year	2023
	Cyclical maintenance				56,655		56,655
	Emergency repairs				15,761		15,761
	Furniture and white goods				3,829		3,829
	Enhancement				2,524		2,524
					78,769		78,769

14	REVALUATION RESERVES	REVALUATION RESERVES
											Investment		Total
								Property	f		in the year E
	At 1 July 2022							1,870,139			116,801		1,986,940
	Revalution Surplus/(Loss)	in the	year								6,023		6,023
	Accumulated Depreciation	W/off
	At 30June 2023							1,870,139			122,824		1,992,963
15	NOTE TO THE STATEMENT OF CASH FLOWS
										2023		2022
										E		E
	Surplus / (deficit) for the	financial		year						(42,188)		(69,077)
	Taxation for the year
	Surplus / (deficit) for the	financial		year before			taxation			(42,188)		(69,077)
										(4,589)		(3,470)
	Operating surplus / (deficit)									(46,776)		(72,547)
	Depreciation									92,826		88,093
	(Increase) / decrease in debtors									(15,184)		(9,810)
	(Decrease) / increase in creditors									5,173		(3,027)
	Net cash inflow from operating		activities							36,039		2,709
16	CAPITAL COMMITMENTS
										2023		2022
										E		E
	Expenditure that has been	contracted			for but has		not
	been provided for in the financial		statements
	Expenditure that has been		authorised			by	the
	Committee of Management but		has		not yet been
	contracted for