| CO NTE NTS | CO NTE NTS | CO NTE NTS | |
|---|---|---|---|
| PAGE | |||
| Board Report | |||
| Independent Auditor's |
Report | ||
| Statement ofComprehensive Income |
|||
| (Induding Income 8. |
Expenditure | Account} | |
| Balance Sheet | |||
| Statement ofChanges | in Reserves | ||
| Notes to the Financial | Statements | 8 —11 |
| forthe ye | ar ended 3 |
1stMarch, 2022 |
||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Turnover | 56,157 | 54,635 | ||||
| Operating | Costs: | |||||
| Management | (17,098) | (16,737) | ||||
| Services | (2,965) | (2,953) | ||||
| Day to Day | Maintenance | (4,237) | (21,619) | |||
| Planned and |
Cydical Maintenance | (2,228) | (2,194) | |||
| Depreciation | ||||||
| Operating | Surplus | 25,465 | 7,027 | |||
| Interest Receivable and | Other Income | |||||
| Surplus on | ordinary activities before taxation | 25,382 | ||||
| Tax on surplus | ||||||
| Surplus forthe financial year | ||||||
| Total Comprehensive | Income forthe year |
| Balance Sheet for the year ended |
31st | March, 2022 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| HXED ASSETS | |||||
| Housing land and buildings |
(net ofdepreciation) | 9 | 348,328 | 352,492 | |
| Investments | 10 | QQO | |||
| 348,328 | 352,592 | ||||
| CURRENT ASSETS | |||||
| Debtors | 755 | 720 | |||
| Coif Investment Cash at Bank |
42,411 M8.'iZ |
32,394 ~39 |
|||
| 131,618 | 116,148 | ||||
| CURRENT LIABXLITIES | |||||
| Creditors: Amounts one year |
falling due within | 12 | Qg~ | ||
| NET CURRENT ASSETS | |||||
| TOTAL ASSETSLESS | |||||
| CURRENT LIABILITIES | |||||
| Creditors."Amounts | falling due | ||||
| after one year | (207,118) | (209,808) | |||
| NET ASSETS | |||||
| CAPITAL AND RESERYES | |||||
| Unresb icted Reserves | 14 | 261,869 | 236,486 |
| 2022 | 2021 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| Reserve | Reservef | ||
| At 1April | 235,486 | ||
| Total Comprehensive | Income | ||
| At31March |
| The Charity employs | no st | aff. | |||
|---|---|---|---|---|---|
| 4.TURNOVER | 2022 | 2021 | |||
| Maintenance Contribution |
50,734 | 49,103 | |||
| Service Charge | 6,130 | 6,308 | |||
| Voids | (3,174) | (3,466) | |||
| Bad Debt Provision | (223) | ||||
| Amortisation ofGovernment |
Grants | ||||
| S. INTEREST RECEIVABLE | AND | OTHER INCOME | 5hQZ | ||
| 2022f | 2021f | ||||
| Bank Interest | (100) | 38 | |||
| Investment Income |
|||||
| 6.INTEREST PAYABLE | AND | SIMILAR CHARGES | 2022 | ||
| Housing Loan Interest |
|||||
| 7. SURPLUS ON ORDINARY | ACTIVITIES | ||||
| BEFORETAXATION | 2021 | ||||
| This is stated after charging: | |||||
| Auditors Remuneration |
(including | VAT) | |||
| in their capacity as Auditors |
| 9. FIXEDASSETS | 2021 | |||
|---|---|---|---|---|
| HOUSING LAND AND |
BUILDINGS —Freehold | |||
| Cost | ||||
| As at 1"April 2021 | 414,513 | 399,980 | ||
| Additions As at 31"March 2022 |
39M3 | |||
| Deprec)at)on As at 1"April 2021 |
62,021 | 57,917 | ||
| Charged in year As at 31~ March 2022 |
~3% | GLQR1 | ||
| Net BookValue | ||||
| At beginning ofyear |
||||
| At end ofyear | ||||
| Land with an estimated | cost of655,896 is not depreciated. | |||
| 10. INVESTMENTS | 2022 | |||
| OTHER INVESTMENTS | - At Valuation: | |||
| War Stocks | ||||
| 11.DEBTORS | 2022 | |||
| Contribution in Arrears |
251 | 420 | ||
| Provision for Bad Debt |
||||
| Sundry Debtors | ||||
| Prepayments | ||||
| 12.CREDITORS: Amounts | falling due | 2022 | 2021 | |
| with)n one year | E | |||
| Trade Creditors | 6,515 | 17,349 | ||
| Contribution Prepayments |
1,?54 | 2,407 | ||
| Government Grants |
2,690 | 2,690 | ||
| Sundry Creditors | L9~ | |||
| 13.CREDITORS: Amounts | falling due | 2022 | 2021 | |
| after one year | E | |||
| Government Grants |
/(~71 |
| UNRESTRICTED RES | ERYES | |
|---|---|---|
| Total | ||
| Revenue Reserve | f. | |
| At 1"April 2021 | 174,486 | |
| Surplus for the year Transfer to Extraordinary |
Repair Fund | 25,383 ~GE |
| At31"March 2022 |
| Designated Reserve |
s | ||
|---|---|---|---|
| Extraordinary | |||
| Repair | |||
| Fund E |
Totalf | ||
| At 1~ April 2021 Transfer from Revenue |
Reserve | 62,000 ~00 |
62,000 MAW. |
| At 31~ March 2022 |