| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | EE | ET | ||||
| Turnover | 36,151 | 34,315 | ||||
| LessOperating costs | ||||||
| Services | 9,L78 | 9,778 | ||||
| Management | 10 | 9,952 | 9,23L | |||
| DaytoDayMaintenance | 10 | 3,881 | 9,193 | |||
| CyclicalMaintenance | 10 | 1,150 | ||||
| 23,011 | 29,352 | |||||
| 13,740 | 4,963 | |||||
| Add | ||||||
| lnterestReceivable andotherincome | 94,288 | 327 | ||||
| ProfitI (Deficit)fortheyear | t07,428 | 5,290 | ||||
| MovementonReserves | ||||||
| Balancebroughtforwardaspreviously reported | 59,285 | 54,345 | ||||
| Profit for the year | 107,428 | 5,290 | ||||
| Transfer (to): | ||||||
| CyclicalRepairs& MaintenanceReserve Emergency RepairFund |
9i gii |
L,500 | - | L,150 L,500 |
||
| t65,213 | 59,285 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | t | I | |||
| FixedAssets | |||||
| Housingproperties- cost | 702,758 | t02,758 | |||
| Less:Housing association Grant | 98,L09 | 98,109 | |||
| 4,649 | 4,649 | ||||
| currentAssets | |||||
| Debtors | 6 | 4,232 | 3,856 | ||
| lnvestments | 7 | 0 | 27,923 | ||
| Cashatbank& inhand | 244,982 | LLO,774 | |||
| 249,274 | L42,553 | ||||
| Greditors | |||||
| Duewithinone year | 2,921. | 3,688 | |||
| NetCurrent Assets | 246,293 | 138,865 | |||
| TotalNetAssets | 25A,942 | 143,514 | |||
| Representedby: | |||||
| Capital&Reserves | |||||
| Designated reserves | 85,729 | 84,229 | |||
| lncome & expenditure account | L65,2L3 | 59,285 | |||
| 25O,942 0 |
_L4],514 |
| 2021 L |
2020t | |
|---|---|---|
| 2.lnterestReceivable andOther lncome | ||
| Bank Deposit&Building Societylnterest | 274.83 | 281.00 |
| lnvestment lncome | 48.00 | 48.00 |
| OtherRents Received | 35 00 | 35.05 |
| Otherincome | ||
| 357.83 | 364.0s |
| Housing Properties | Completed | Completed |
|---|---|---|
| Housinq | Housinq | |
| Prooerties | Properties | |
| AsAt1stJanuary2027 | 702,758.OO | 102,758.00 |
| Additions-lmprovementtoProperties | ||
| AsAt 31stDecember 2021 | 102,758.00 | 102,758.00 |
| Less:Housing Association Grant | ||
| AsatLstJanuary2021" | 98,109.00 | 98,109.00 |
| GrantReceived inYear | ||
| AsAt 31stDecember 2021 | 98,109.00 | 98,109.00 |
| Net Book Value AsAt31st December2021 | 4,649.00 | 4,649.00 |
| St Leonards HospitalTrust | |||
|---|---|---|---|
| Notesto the Financial Statements | |||
| 2021t | 2020 f |
||
| 5.FixedAssets | |||
| lnvestments | |||
| BaseCost: | |||
| Asatl"stJanuary 2021 | |||
| Asat31stDecember 2021 | : | ||
| BarclaysOrd.25pShares(Holding | 524) | L,L7L | t,!7L |
| - | |||
| MarketValueasat3],st December | 2021 | L,171, | 1,17t |
| 6. Debtors | |||
| Prepayments&Accruedlncome | 4,232 | 3,856 | |
| 7.Current Assets | |||
| lnvestments | |||
| CostorBaseCost | 27,923 | 26,423 | |
| AdditionsDuringtheYear | 1,500 | 1,500 | |
| WithdrawalsinYear | - | 29,423 | @ |
| Thelnvestmentscomprisethefollowing: | |||
| NAACIFAccu mulationShares (2249.476l | 27,799 | ||
| NAACIFIncomeShares(301) | 134 | ||
| Balanceasat 31stDecember 2021 | @ | ||
| ResidualMarketValueasat31stDecember 2021 | 389 | L09,522 | |
| PageT |
| 2027I | 2420t | ||
|---|---|---|---|
| 8.Creditors:duewithinoneyear | |||
| OtherCreditors & Accruals | 2,921 | 3,688 | |
| 9.Designated Reserves | |||
| i)CyclicalRepairs&MaintenanceReserve | |||
| BalanceasatLstJanuary 202L | 56,4_40 | 57,590 | |
| Transferfromlncome &ExpenditureAccount(page3) Balanceasat31stDecember 202L |
--Far | - @ |
1,150 |
| ii)Emergency RepairFund | |||
| Balanceasat 1stJanuary2O2L | 27,799 | 26,299 | |
| TransferfromIncome&ExpenditureAccount(page3) | 1.,500 | 1,500 | |
| Transfertolncome &ExpenditureAccount(page 3) | |||
| Balanceasat3l"stDecember 2021 | @ | ||
| -W | |||
| 10.Housing Corporation Costs | |||
| 10 Units(2020-10) | |||
| Management | 9,952 | ||
| DaytoDay Repairs& Maintenance | 3,881 | ||
| CyclicalRepairs&Maintenance |
| 2021 | 2020 | |||
|---|---|---|---|---|
| t | t | t | ||
| lncomefromTenantsContributions&Service Charges | 36,L51 | 34,3L5 | ||
| lncomefromlnvestmentsetc: | ||||
| NAACIFlncome Sharelnterest | 15 | tI | ||
| Barclayslnterest | 0 | |||
| LloydsTSB&Nationwide lnterest | 275 | 287 | ||
| Profit on lnvestment | 93,963 | |||
| 94,253 | 292 | |||
| OtherRents | 35 | 35 | ||
| Otherincome | ||||
| 130,439 | 34,642 | |||
| Less:Services | ||||
| WLicence | 68 | 60 | ||
| lnsurance | 7,191_ | L,21,4 | ||
| Heating&Lighting | 4,463 | 4,047 | ||
| Rates | L,984 | 2,915 | ||
| TelephoneRentals | 843 | 883 | ||
| Residents Gifts | 630 | 6s8 | ||
| 9,178 | 9,777 | |||
| Management: | ||||
| Clerk's Remuneration | 5,500 | 4,663 | ||
| Audit&AccountancyFees | 708 | 690 | ||
| Postages,Stationery&Advertising | 476 | 573 | ||
| Subscriptions | 503 | 551 | ||
| SundryExpenses | 221 | 219 | ||
| ProfessionalFees | 2,644 | 2,536 | ||
| 9,952 | 9,232 | |||
| Repairs& Maintenance | 3,881 | 9,193 | ||
| CyclicalMaintenance | 1,150 | |||
| 3,881 | 10,343 | |||
| 23,A11, | 29,352 | |||
| Excess /(Deficit) of lncome over Expenditure forthe | Year | 107,428 |