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|||||INDEX||
|---|---|---|---|---|---|
||||||~Pa e|
|Charity's|Advisers|||||
|Trustees'|Report||||2-4|
|Independent
Chartered||Accountants'||Review Report||
|Income and Expenditure||Account||||
|Balance|Sheet|||||
|Statement ofChanges||in Equity||||
|Notes to|the Accounts||||9-14|
|The following pages do||not form|part|ofthe statutory accounts:-||
|Detailed|Income and Expenditure||Account||15|
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||||Note|2023||2022|
|---|---|---|---|---|---|---|
|Turnover||||72,411||68,189|
|Lestn Operating
costs||||138,380|-|97,435|
|O~iii
.'(~ ii ii)iii|pi|||65,969|-|29,246|
|Interest receivable and|similar|income||1,457||1,289|
|Revaluation
ofinvestments||||9,149||12,212|
|(Deficit) ISurplus on ordinary||activities and total|||||
|comprehensive
income|for the year|||73,661|-|40,169|
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|||Note|2023||2022|
|---|---|---|---|---|---|
|Fixed assets||||||
|Housing
properties||||385,115|396,876|
|Investments||||184,536|235,703|
|||||569,651|632,579|
|Current assets||||||
|Debtors|||3,517||3,393|
|Cash at bank and in hand|||74,004||90,270|
||||77,521||93,663|
|Creditors; amounts|falling|||||
|due within one year||10|6,837||9,583|
|Net current assets||||70,684|84,080|
|Creditors: amounts|falling|||||
|due after one year||||332,709|335,371|
|Net assets||||307,626|381,288|
|~Cit
I
d||||||
|General reserves||12||265,700|336,724|
|Endowment
reserves||12||41,926|44,564|
|||||307,626|381,288|
|These accounts were approved||and authorised|for issue by the board|~|fi7lk. Sagt~|
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|||Endowment|Reserves|Gen|Gen|eral Reserve|s|||
|---|---|---|---|---|---|---|---|---|---|
|||Earl of|F.M. Clements|Income and||Investment|~ER|dt|TOTAL|
||~Ndh||Will|~E*|dtt|R||~re air||
||||||||reserve
f||f|
|At 1 April|2022|35,388|9,176||145,585|91,126||100,013|381,288|
|Movement|for the year -|2,095|543|-|14,512 -|29,467|-|27,044 -|73,661|
|Transfer|||||7,982|||7,982||
|At 31 March 2023||33,293|8,633||123,091|61,659||80,951|307,627|
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|||Endowment|Endowment|Reserves|Reserves|Gen|Gen|eral|Reserve|s|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Earl of
~Nhh
t||Will
F.N. OI
t||F~d'I
I
d||R
N|t
t|~ER|~re air
dt|TOTAL|
||||||||||f|reserve
f.|||
|At 1 April|2021||38,100||9,879||180,679||99,923||92,876|421,457|
|Movement|for the year-||2,712||703 -||27,957 -||8,797|||40,169|
|Transfer|||||||(7,137)||||7,137||
|At 31 March 2022|||35,388||9,176||145,585||91,126||100,013|381,288|
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|Housing|property,|structure|150years|
|---|---|---|---|
|Roof|||65years|
|Kitchen|||10years|
|Bathroom|||15years|
|Electrics|||25years|
|Boiler|||10years|
|Heating|||15years|
|Windows|and Doors||30years|
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|1.7
~lnv
en|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Investments
are|recognised|||iniTially|at fair||value||which||is normally||the transaction||price exduding||
|transaction
costs.||Subsequently,|||they|are||measured|||at|fair value
through||the||siatement
of|
|comprehensive|income||iT|the shares||are|publicly|||traded||or their|fair value|can||otherwise
be|
|measured
reliably.|||||||||||||||||
|Turnover|||||||||||||||||
||||||||||||||2023f|||2022|
|Grants receivable|||||||||||||13,000|||13,000|
|Sundry income|||||||||||||3,031|||1,181|
|Rents receivable|||||||||||||56,380|||54,008|
||||||||||||||72,411|||68,189|
|Rents receivable|excluding|||service|charges||||||||56,380|||54,008|
|Social housing
operating|||costs|||||||||~138380||||97,436|
|Net surplus/(deficit)||from|social housing|||activities|||||||82,000|||43,428|
|Void losses|||||||||||||1,025|||576|
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|||||||2023
6|2022f|
|---|---|---|---|---|---|---|---|
||Bank|interest||receivable||1,457|1,289|
|||||||1,457|1,289|
|4.|~Ot|S||||||
||Operating|Surplus||is stated after charging the following:||||
|||||||2023|2022|
|||||||6|8|
||Depreciation||ofowned||tangible fixed|||
||assets|-|Housing||Properties|11,761|11,761|
||Accountancy||fee|||2,400|2,300|
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|Tangible fixed assets represents
freehold
|housing
properties as follows:||
|---|---|---|
||2023|2022|
|||6|
|Cost|||
|Brought forward|669,197|669,197|
|Carried forward|669,197|669,197|
|~Di 9|||
|Brought forward|272,323|260,562|
|Charge for year|11,761|11,761|
|Carried forward|284,084|272,323|
|~Nt
ggk value|||
|Brought forward|396,874|408,635|
|Carried forward|385,113|396,874|
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|F'
t i v
n|||
|---|---|---|
||Listed||
|Valuation:|investments|Totalf|
|At 1 April 2022|235,703|235,703|
|Additions|7,982|7,982|
|Disposals|50,000|50,000|
|Revaluation|9,149|9,149|
|At 31 March 2023|184,536|184,536|
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|9.|~Dbtora|||||||
|---|---|---|---|---|---|---|---|
|||||||2023f|2022
f|
||Trade debtors|||||1,214|1,575|
||Prepayments|||||2,303|1,818|
|||||||3,517|3,393|
|10.|Creditors.|amounts|faiiin|due within one|ear|||
|||||||2023|2022f|
||Trade creditom|||||4,175|6,922|
||Other creditors and||accruals|||||
||Deferred|grant income||||2,662|2,662|
|||||||6,337|9,584|
|11.|Creditors|amounts|falli|due after one|ar|||
|||||||2023|2022f|
||Deferred|grant income||||332,709|335,371|
|||||||332,709|335,371|
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|~Mv
~nt in||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||~5
E
~999 **0**|"IR
I I
E.R.EI
7W~EI
f
f||I|I|gggg~lR
880tgg
I
0
I
t
t
~E~
~0EIiR
M! I
f|||dl
f||TOTAL|
|At 1 April 2022||35388|||9176|145,585|91,126||100,013||381288|
|Movement forthe year||(2,095)|||(543)|(14,512)-|29,467|-|27,044|-|73,661|
|Transfer||||||(7,982)|||7,982|||
|At 31 March 2023||33293|||8033|123091|61.659||00951||307627|
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