2022-12-31-accounts

		For	the year	ended 31stDe	cember 2022
				UNRESTRICTED	DESIGNATED	ENDOWMENT	TOTAL FUNDS	2021
				FUNDS	FUNDS	FUNDS
Income			Notes	F	f	f
Grants and donations received			2	155			155	30
Residents' contributions				41,216			41,216	40,670
Investment income				4,710	198		4,908	7,820
interest received				53	294		347	3
Other income				0			0	68
Total Income					492		46,626	48,591
Expenditure
Raising funds
Investment managers'		charges		1,827			1,827	1,947
Charitable activities			3	48,895	492		49,387	33,987
Total Expenditure				50,722	492		51,214	35,934
Net income/(expenditure)		before
investment gains/(losses)				(4,588)	0		(4,588)	12,657
Nei gainsl(losses)	on investments			(8,418)	(1,573)	(12,745)	(22,736)	40,157
Net Income				(13,006)	(1,573)	(12,745)	(27,324)	52,814
Transfers between	funds
Net Incomel(expenditure)				(13,006)	(1,573)	(12,745)	(27,324)	52,814
Other recognised	gains and losses
Net movement in	funds			(13,006)	(1,573)	(12,745)	(27,324)	52,814
Reconciliation of	Funds
Total funds brought	forward			93,315	234,475	150,131	477,921	425,252
Total Funds Carried Forward				80,309	232,902	137,386	450,597	478,066

					UNRESTRICTED	DESIGNATED	ENDOWMENT	TOTALFUNDS	2021
					FUNDS	FUNDS	FUNDS
				Notes	6	E	E	5	E
FIXEDASSETS
Tangible assets				7	1		37,170	37,171	37,171
Investments				8	61,335	232,292	98,247	391,874	411,520
					61,336	232,292	135,417	429,045	448,691
CURRENT ASSETS
Debtors				9	5,051			5,051	3,833
Cash at bank and		in	hand		35,588	610	1,969	38,167	47,207
					40,639	610	1,969	43,218	51,040
CREDITORS: within one	Amounts year		falling due	15	~3.545			~3,545	~3373
NET CURRENT ASSETS					37,594	610	1,969	40,173	48,067
TOTAL ASSETS LESS CURRENT
LIABILITIES					98,930	232,902	137,386	469,218	496,758
CREDITORS:	Amounts		falling due
after more	than one		year	11	(18,621)			(18,621)	(18,837)
					80,309	232,902	137,386	450,597	477,921
FUNDS				12
Endowment	Funds						137,386	137,386	150,131
Designated	Funds					232,902		232,902	234,475
General Funds					80,309			80,309	93,315
					80,309	232,902	137,386	450,597	477,921

					UNRESTRICTED	UNRESTRICTED	DESIGNATED	ENDOWMENT	TOTAL FUNDS	TOTAL FUNDS	2021	2021
					FUNDS		FUNDS	FUNDS
							E		E		E
	Open Day donations											0
	Gymphobics					155				155
	Lichfield Methodist Ladies					28				28
	Other small donations					155				155		30
						338		0		338		30
3	Charitable activities
					UNRESTRICTED		DESIGNATED	ENDOWMENT	TOTAL FUNDS		2021
					FUNDS		FUNDS	FUNDS
					E		E		E
	Housing accommodation
	Utilities and services				3,763				3,763		4,290
	Services supplied				1,852				1,852		1,356
	Management and	administration			12,101				12,101		11,863
	General repairs and		maintenance		8,352				8,352		7,760
	Refurbishments				13,479		492		13,971		1,719
	Advertising (lettings)					0						0
	Bad debts - Residents'			contributions
	written off/ recovered			(net)		487				487
					40,034		492	0	40,526		26,993
	Support costs
	Insurance				1,752				1,752		1,591
	Postage, stationery		and	telephone		197				197		309
	Maintenance ofoffice equipment					365				365		365
	Subscriptions					229				229		220
	Professional fees				2,615				2,615			818
	Sundry expenses					715				715		417
	Loan interest				1,285				1,285		1,321
	Depreciation					0				0		8
	Governance costs
	Indemnity insurance					28				28		399
	Emoluments ofemployees					900				900		900
	Independent Examiner's			remuneration
	and associated costs					700				700		600
	Cost ofTrustees'	meetings				75				75		46
					8,861		0	0	8,861		6,994
	Total costs - charitable		activities		48	895	492	0	49	381	33	981
4	Staffcosts and Trustees'			remuneration
									2022		2021
									E		E
	Salaries	(1	par	t time employee:	2021 - 1)				13	001	12	940

Tangible fixed as	sets
		Land &	Furniture	S	TOTAL
		Buildings	Equipment		FUNDS
		E	E		8
Cost or valuation
At 1stJanuary 2022		264,844	22,027		286,871
Additions				0	0
Disposals					0
At 31st December	2022	264,844	22,027		286,871
De reciation and	rants received
At 1stJanuary 2022		227,674	22,026		249,700
On disposals					0
Charges for year				0	0
At 31stDecember	2022	227,674	22,026		249,700
Net book values
At 31stDecember	2022	37,170		1	37,171
At 31stDecember	2021	37,170		1	37,171

Fixed asset investments
		UNRESTRICTED	DESIGNATED	ENDOWMENT	TOTAL FUNDS	2021
		FUNDS	FUNDS	FUNDS
		E				F
Listed investments at market	value
Held by investment Managers
UK Bonds		9,203	4,666	1,881	15,750	16,153
Overseas Bonds				9,720	9,720	9,533
UK Equities		21,485	2,601	21,534	45,620	51,122
North American Equities		15,787		32,940	48,727	59,247
European Equities			6,788	4,785	11,573	13,722
Japanese Equities			6,419		6,419	7,216
Asia Pacific Equities		3,611		4,369	7,980	8,679
Emerging Markets Equities				1,375	1,375	2,729
Global Investments			3,764	8,800	12,564	12,984
Absolute Return		4,680		7,063	11,743	9,527
Property and Investment	Trusts			3,646	3,646	4,983
Other investments		6,569			6,569	6,800
		61,335	24,238	96,113	181,686	202,695
M&G Charity Multi Asset Funds			208,054	2,134	210,188	208,825
		61,335	232,292	98,247	391,874	411,520

9	Debtom
																		2022f	2021 f.
	Prepayments																	5 551	3533
10	Creditom: amounts	falling		due	within one				year
																		2022f	2021f
	Housing Corporation	loan																216	197
	Accrued expenses																	2,829	2,776
																		3,045	2,973
11	Creditors: amounts	falling		due	after		one	year
																		2022	2021
																		f
	Housing Corporation	loan
	Repayable between		2-5	years														1,087	990
	Repayable after	more than 5			years													17,534	17,847
																		18,621	18,837
	The loan from the Housing			Corporation is				in respect of the extension					to the	main		building		and is secured by a
	legal charge over the		land	and	buildings			at	Beacon Street,		Lichfield,		Staffordshire.				The loan is repayable by
	quarterly instalments	of capital and				interest			from 1987(when		the development				was		deemed to be		substantially
	complete) for60years.
	There is no entitlement		for repayment				other	than by the quarterly				instalments.
	The loans carry an interest rate of 9.5%.
12	Funds
							Brought			Income		Expenditure		Transfers			Gains and
							forward f											(Losses) f
	Unrestricted Fund						93,315			46,134		(50,722)						(8,418)	80,309
	Designated Funds:-
	Extraordinary Repairs Fund					206,806				492		(492)						1,432	208,238
	Trust Fund						27,669											(3,005)	24,664
	Endowment Funds					150,131												(12,745)	137,386
						477,921				46,626		(51,214)					0	(22,736)	450,597