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||||||Restricted|Unrestrict:ed|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|funds|funds|funds|
|||||Notes|2020|2020|2020|2019|
|Incoming resources|||||||||
|Contributions|||||7,226|35,381|42,607|41,364|
|Investment<br>income|||||8,415|736|9,151|8,891|
|Interest receivable|||||34|54|88|145|
|Other income||||||203|203||
|Transfer from restricted|funds||||||||
|Transfer from unrestricted||funds|||13,390||13,390|12,920|
|Total incoming resources|||||29,065|36,374|65,439|63,320|
|Resources expended|||||||||
|Water rates||||||2,325|2,325|2,138|
|Maintenance||||||8,736|8,736|13,069|
|Heat and light|||||8,108||8,108|7,603|
|Interest payable||||||4,871|4,871|4,931|
|Administration||||||6,207|6,207|6,739|
|Transfer to unrestricted|funds||||||||
|Transfer to restricted<br>funds||||||13,390|13,390|12,920|
|Total resources expended|||||8,108|35,529|43,637|47,400|
|Net incoming/(outgoing)|resources||||||||
|for the year||||6|20,957|845|21,802|15,920|
|Other recognised<br>gains|and|losses|||||||
|Net gains/(losses)<br>on revaluation|||ofinvestments|10||(13,761)|(13,761)|28,844|
|Net movement<br>offunds|for the||year||20,957|(12,916)|8,041|44,764|
|Retained<br>funds brought|forward||||189,092|118,785|307,877|263,113|
|Retained funds carried|forward||||210,049|105,869|315,918|307,877|





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||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Notes||f||E|
|Fixed assets||||||||
|Tangible assets|||||55,881||56,081|
|Current assets||||||||
|Debtors|||9|1,664||1,370||
|Investments|||10|235,012||240,358||
|Cash at bank and in|hand|||62,904||49,499||
|||||299,580||291,227||
|Creditors: Amounts|falling due|||||||
|within one year|||11|(3,366)||(2,777)||
|Net current assets|||||296,214||288,450|
|Total assets less current liabilities|||||352,095||344,531|
|Creditors: Amounts|falling due|||||||
|after one year|||12||(36,177)||(36,654)|
|Net assets|||||315,918||307,877|
|Funds||||||||
|Extraordinary<br>repair|fund||13||150,168||136,673|
|Heating<br>and lighting|fund||14||2,259||3,141|
|Cyclical repairs and|maintenance|fund|15||57,622||49,278|
|Retained<br>funds|||16||105,869||118,785|
||||||315,918||307,877|
|On behalf ofthe board||||||||
|Mrs A Humphries<br>—Trustee||4e||||||
|Mr TThurrell —Trustee||||||||





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|3.|Staff costs||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||f|f|
||Wages and salaries||||2,000|1,750|
||The average number|ofemployees||during the year was as follows:|||
||Clerk to the Trustees||||||
||Treasurer||||||
|4.|Income from investments||||||
||||||2020|2019|
||||||f|f|
||Income from designated||charity funds||9,151|8,891|
|5.|Interest payable||||||
||||||2020|2019|
||||||f|f|
||Housing Association|loan|interest||4,871|4,931|





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||Net incoming|resources for the year is stated after charging:|resources for the year is stated after charging:|||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|f|
||Depreciation|||200|200|
||Accountants|||400|400|
|7.|Taxation|||||
||The Charity<br>is exempt from taxation.|||||
|8.|Tangible fixed|assets||||
||||||Freehold|
||||||Property|
||||||f|
||Cost|||||
||At 1January 2020||||175,326|
||Housing Association||Grant||(115,245)|
||Net cost at31|December 2020|||60,081|
||Depreciation|||||
||At 1January 2020||||4,000|
||Charge for the|year|||200|
||At 31December 2020||||4,200|
||Net book value|||||
||At 31December 2020||||55,881|
||At 31December 2019||||56,081|





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|9.|Debtors|||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|f|
||Prepayments|||1,664|1,370|
|10.|Investments|||||
|||||2020|2019|
|||||f|f|
||Unlisted<br>investments|at market value||235,012|240,358|
||Valuation<br>at 1January||2020|240,358|203,345|
||Reinvested<br>dividends|||8,415|8,169|
|||||248,773|211,514|
||Net surplus/(deficit)|on revaluation||(13,761)|28,844|
||Disposals|||||
||Valuation<br>at 31December 2020|||235,012|240,358|
||M5 G Charity<br>Multi|Asset||209,436|216,320|
||COIF charity fund|||25,576|24,038|
|||||235,012|240,358|





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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||f|E|
||Trade creditors|||||400|400|
||Accruals|||||2,966|2,377|
|||||||3,366|2,777|
|12.|Creditors: Amounts|falling due after one year||||||
|||||||2020|2019|
|||||||f|f|
||Housing Association|loan (secured) —maturing||after more than 5years||36,177|36,654|
||The loan is secured|by a first charge on certain||freehold|properties.|||
|13.|Extraordinary<br>repair fund|||||||
|||||||2020|2019|
|||||||f|E|
||At 1January 2020|||||136,673|123,604|
||Dividends<br>reinvested|||||8,415|8,169|
||Expenditure<br>in the year|||||||
||Transfer from retained||funds|||5,080|4,900|
||At 31December 2020|||||150,168|136,673|
|14.|Heat and light fund|||||||
|||||||2020|2019|
|||||||E|f|
||At 1January 2020|||||3,141|3,518|
||Contributions<br>received|||||7,226|7,226|
||Payments<br>made<br>in the||year|||(8,108)|(7,603)|
||At 31December 2020|||||2,259|3,141|





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|15.|Cyclical repairs|and ma|intenance<br>fund|||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|f|
||At 1January 2020|||49,278|41,185|
||Interest received|in the|year|34|73|
||Transfer from retained||funds|8,310|8,020|
||At 31December|2020||57,622|49,278|
|16.|Retained funds|||||
|||||2020|2019|
|||||f|f|
||At 31January 2020|||118,785|94,806|
||Surplus/(deficit)|for the|year|(12,916)|23,979|
||At 31December|2020||105,869|118,785|
|17.|Contingent<br>liabilities|||||



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|||||||2020||2019|
|---|---|---|---|---|---|---|---|---|
|||||||f||f|
|Income|||||||||
|Maintenance|contributions|||||42,607||41,364|
|Cost ofsales|||||||||
|Water rates||||||(2,325)||(2,138)|
|Gross profit||||||40,282||39,226|
|Other income|||||||||
|Sundry income|||||203||||
|Income from|designated||charity funds||9,151||8,891||
|Deposit account interest|||||88||145||
|||||||9,442||9,036|
|||||||49,724||48,262|
|Expenditure|||||||||
|Heat and light|||||8,108||7,603||
|Wages|||||2,000||1,750||
|Administration|fees||||404||589||
|Alarm system|maintenance|||and internet|599||821||
|Subscriptions|||||208||227||
|Accountants|||||400||400||
|Legal fees|||||1,163||1,591||
|Insurance|||||1133||1,061||
|Repairs to property|||||8,736||13,069||
|Tenant welfare|||||100||100||
|Loan interest|||||4,871||4,931||
|Depreciation|||||200||200||
|||||||27,922||32,342|
|Surplus on ordinary||activities||||21,802||15,920|