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|---|---|---|---|---|
|Board Report|||||
|Independent|Auditor's|Report||2-4|
|Statement
of|Comprehensive
Income||||
|(Including
Income 5.||Expenditure|Account)||
|Balance Sheet|||||
|Statement
of|Changes|in Reserves|||
|Notes to the|Financial|Statements||8 —11|
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|for the yea|
r ended|
3|
1st|
March, 2023||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Note|2023||2022||
|Turnover|||||||58,370||56,157|
|Operating|Costs:|||||||||
|Management||||||(18,204)||(17,098)||
|Services||||||(3,208)||(2,965)||
|Day to Day|Maintenance|||||(3,839)||(0,237)||
|Planned
and
Depreciation|Cyclical|Maintenance||||(2,296)
~4199||(2,228)
~4164||
||||||||31786||30692|
|Operating|Surplus||||||26,582l||25,465|
|Interest
Receivable||and|Other Income||||1 374|||
|Surplus on|ordinary||activities before taxation||||27,958||25,382|
|Tax on surplus||||||||||
|Surplus for|the financial|||year||||||
|Total Comprehensive|||Income for the year|||||||
|
for the year ended|31st|March, 2023|||||
|---|---|---|---|---|---|---|
||||Note|2023|2022||
|FIXEDASSETS|||||||
|Housing
land and buildings||(net of depreciation)|9|344,129||348,328|
|Investments|||10|0||0|
|||||344,129||348,328|
|CURRENT ASSETS|||||||
|Debtors||||748|755||
|Coif Investment||||83,785|42,411||
|Cash at Bank||||89803|88 452||
|||||174,336|131,618||
|CURRENT LIABILITIES|||||||
|Creditors: Amounts|falling due within||||||
|one year|||12|~24 210|10959||
|NET CURRENT ASSETS||||150 126||120659|
|TOTAL ASSETS LESS|||||||
|CURRENT LIABILITIES||||||468~Z|
|Creditors: Amounts|falling due||||||
|after one year|||13|(204,428)||(207,118)|
|NET ASSETS|||||||
|CAPITAL AND RESERVES|||||||
|Unrestricted
Reserves||||289,827||261,869|
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|||2023|2022|
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||Reserve|Reservef|
|At 1April 2022||261,869|236,486|
|Total Comprehensive|Income|27 958|25 383|
|At 31March 2023||289 827|262 869|
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|The Charity employs
no st|aff.||||
|---|---|---|---|---|
|4.TURNOVER|||2023f|2022f|
|Maintenance
Contribution|||51,831|50,73 l|
|Service Charge|||6,688|6,130|
|Voids|||(2,839)|(3,17 l)|
|Bad Debt Provision||||(223)|
|Amortisation
of Government
5. INTEREST RECEIVABLE|Grants
AND OTHER INCOME||2 690|2 690
~7|
||||2023|2022f|
|Bank Interest||||(100)|
|Investment
Income|||I 37'I|17|
|6.INTEREST PAYABLE AND|SIMILAR CHARGES||2023|2022f|
|Housing
Loan Interest|||||
|7. SURPLUS ON ORDINARY|ACTIVITIES||||
|BEFORE TAXATION|||2023f|2022f|
|This is stated after charging:|||||
|Auditors
Remuneration
(including||VAT)|||
|in their capacity as Auditors|||||
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|9. FIXED ASSETS|||2023|2022f|
|---|---|---|---|---|
|HOUSING
LAND AND||BUILDINGS —Freehold|||
|Cost|||||
|As at 19" April 2022|||41'},513|414,513|
|Additions|||0|0|
|As at 31'" March 2023|||M4~Q|414@13|
|Depreciation
As at 1"April 2022|||66,185|62,021|
|Charged
in year
As at 31"March 2023|||'1 199
20821$|6 166
MM5|
|Net Book Value|||||
|At beginning
of year|||%A&2|35~92|
|At end of year|||3~122|3M328|
|Land with an estimated|cost off55,896 is not depreciated.||||
|10.DEBTORS|||2023f|2022|
|Contribution
in Arrears|||757|251|
|Provision
for Bad Debt|||||
|Sundry
Debtors|||||
|Prepayments||||504|
|11.CREDITORS: Amounts
within one year||falling due|2023|2022f|
|Trade Creditors|||18,940|6,515|
|Contribution
Prepayments|||2,580|1,754|
|Government
Grants|||2,690|2,690|
|Sundry
Creditors|||||
||||~210||
|14.CREDITORS: Amounts
after one year||falling due|2023
f|2022
f.|
|Government
Grants|||20'1 628|207 118|
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|UNRESTRICTED RESE|RVES||
|---|---|---|
|Revenue Reserve||Totalf|
|At 1'" April 2022||198,869|
|Surplus
for the year||27,958|
|Transfer to Extraordinary|Repair Fund|~1000|
|At 31"March 2023|||
|Designated|Reserves||||
|---|---|---|---|---|
||||Extraordinary||
||||Repair||
|At 1"April 2022|||Fundf
63,000|Totalf
63,000|
|Transfer from|Revenue|Reserve|1000|1 000|
|At 31"March|2023||||
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