THE CHARITY OF MARJORIE HURST FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022
| Contents | ||||
|---|---|---|---|---|
| Page | ||||
| Registered | Social Housing Provider |
Information | ||
| Report ofthe Trustees | ||||
| Accountants | Report | |||
| Statement | of Comprehensive Income |
|||
| Statement | of Financial | Position | ||
| Statement | of Changes | in reserves | 10 | |
| Notes to the financial | statements |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Continuing | Continuing | ||||||
| Opetetlone | Opeletlone | ||||||
| TOTAL | TOTAL | ||||||
| 6 | 6 | ||||||
| Note | |||||||
| Turnover | 2 | 43,407 | 41,342 | ||||
| Operating | expenditure | 2 | (25,063) | (25,932) | |||
| Operating | surplus | I(deficit) | 18344 | 15410 | |||
| interest receivable and dividend income Profit / (loss) on fair value movement of investments |
4 9 |
8,821 41,174 |
5,366 12,860 |
||||
| Surplus | / (defiicit) | on ordinary | activities for the year before tax | 68,339 | 33,636 | ||
| Tax on surplus / (deficit) on ordinary |
activities | ||||||
| Surplus | I(deficit) | for the year | after tax | 68,339 | 33,636 | ||
| Total comprehensive income |
for the year | 68,339 | 33,636 |
| STATEMENT OF FINANCIAL POSITION |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Note | 6 | ||
| Fixed assets Property, Plant and Equipment |
7 | 347,141 | 348,183 |
| Current assets Debtors Current asset investments Cash at bank and in hand |
8 9 |
22,018 262,282 82,867 |
1,011 217,615 75,677 |
| 367,167 | 294,303 | ||
| Creditors: amounts falling due within one year |
10 | 6,809 | 3,326 |
| Net current assets i (liabilities) | 360,358 | 290,977 | |
| Total assets less current liabilities | 707,499 | 639,160 | |
| Creditors: amounts falling due after more than one year |
11 | 185,231 | 185,231 |
| Total net assets I(liabilities) | 522,268 | 453,929 | |
| Reserves Income and expenditure reserve |
522,268 | 453,929 |
| Unrestricted funds |
||
|---|---|---|
| 2022 | 2021 | |
| f. | ||
| At 1"April 2021 Surplus I (Deficit) for the year |
453,929 68,339 |
420,293 33,636 |
| At 31"March 2022 | 522,268 | 453,929 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Total | Total | ||||
| Income from donations | and legacies | ||||
| Donations received |
20 | ||||
| Turnover from social housing |
lettings | ||||
| Maintenance contribution |
receivable | 43 457 | 41 322 | ||
| Total Turnover | 43,407 | 41,342 | |||
| Operating expenditure |
|||||
| Clerks Remuneration | 6,000 | 5,250 | |||
| Warden cost | 2,302 | 2,439 | |||
| Garden upkeep Routine maintenance |
843 3,625 |
1,119 2,806 |
|||
| Planned maintenance |
4,648 | 7,933 | |||
| Major repairs expenditure Plant &machinery depreciation Heat and light Rates and water |
1,008 1,041 201 |
1,041 453 445 |
|||
| Telephone Insurance |
537 1,005 |
444 974 |
|||
| Print, post &stationery Accountancy Travel costs |
108 1,968 36 |
168 1,860 32 |
|||
| Subscriptions Sundries |
589 159 |
586 155 |
|||
| Bank &investment charges Donations |
243 750 |
227 | |||
| Administrative expenditure |
on social housing | lettings | 25063 | 25 932 | |
| Operating surplus / (deficit) on social housing |
lettings | 18,344 | 15,410 | ||
| Void losses | 457 | 2 525 |
| 3 | Accomm | odati | on | o | wned and in m | anagement | |||
|---|---|---|---|---|---|---|---|---|---|
| Number | of | Number of | |||||||
| units at 1"April |
units at 31"March |
||||||||
| 2022 | 2021 | ||||||||
| Self-contained | homes at affordable | rent levels: | |||||||
| Housing | for older | people | 10 | 10 | |||||
| 4 | Interest | receivable | and dividend | income | |||||
| 2022 | 2021 | ||||||||
| 6 | 6 | ||||||||
| Bank and | building | society deposits | 19 | 579 | |||||
| Dividends | receivable | 8,583 | 4,787 | ||||||
| Other interest | receivable | 219 | |||||||
| 8,821 | 5,366 |
| The average | monthly number ofstaff employed d |
uring the year was as follows: | |
|---|---|---|---|
| 2022 | 2021 | ||
| 6 | |||
| Clerk to the | Trustees | 1 | 1 |
| Unsalaried | Trustees | 5 | 5 |
| Total |
| Housing p Io pa russ |
Housing p Io pa russ |
Land | Plant 8 machinery |
Total | ||
|---|---|---|---|---|---|---|
| for | Istung | |||||
| Cost: | ||||||
| At 1"April 2021 | 227,955 | 113,978 | 10,415 | 352,348 | ||
| Additions during |
year | |||||
| At 31"March 2022 | 227,955 | 113,978 | 10,415 | 352,348 | ||
| Depreciation: | ||||||
| At 1"April 2021 | 4,165 | 3,124 | ||||
| Charge for year | 1,041 | 1,041 | ||||
| At31"March 2022 | 5,207 | 4,165 | ||||
| Net book value: | ||||||
| At31"March 2021 | 227,955 | 113,978 | 6,250 | 348,183 | ||
| At31' March 2022 | 227,956 | 113,978 | 5,208 | 347,141 |
| 8 | Debtors | |||
|---|---|---|---|---|
| 2022 F |
2021f | |||
| Trade debtors | 696 | 234 | ||
| Prepayments and accrued income |
693 | 682 | ||
| Sundry debtors | 409 | 95 | ||
| Ollerton Educational |
Foundation | 20,219 | ||
| 22 612 | 1 1111 | |||
| 9 | Current asset investments | |||
| 2022 | 2021 | |||
| E | E | |||
| Listed investments | 175,621 | 138,204 | ||
| Other investments | 86,661 | 79,411 | ||
| 262,282 | 217,615 |
| 2022f | 2021 | |||||
|---|---|---|---|---|---|---|
| Rental income received | in advance | 179 | 212 | |||
| Accruals and deferred | income | 6,630 | 3,114 | |||
| 6 666 | 3,326 | |||||
| 11 | Creditors: amounts | falling due after | more than one year | |||
| 2022 E |
2021f | |||||
| Deferred income —Housing Association |
Grant | 185,231 | 185,231 |