## ## ||Page| |---|---| |Chairman's
Report|| |Report ofthe Trustees|2to 6| |Report ofthe Independent
Auditors|7to10| |Statement of Financial Activities|| |Balance Sheet|12| |Cash Flow Statement|13| |Notes to the Cash Flow Statement|14| |Notes to the Financial Statements|16to 25| |Detailed Statement ofFinancial Activities|26to 32| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|fund|funds|funds| ||||Notes||E||E| |INCOME AND ENDOWMENTS||FROM|||||| |Charitable
activities|||||||| |Rental and associated|income|||389,205||389,205|383,680| |Other||||763||763|1,271| |Investment
income||||19,782||19,782|18,480| |Other income||||17,058||17,058|| |Total||||426,808||426,808|403,431| |EXPENDITURE ON|||||||| |Charitable
activities|||||||| |Expenditure
on charitable
activities||||407,234||407,234|229,526| |Net gains/(losses)
on|investments|||(39,457)||(39,457)|58,709| |NET INCOME/(EXPENDITURE)||||(19,883)||(19,883)|232,614| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought
forward||||12,554,810||12,554,810|12,322,196| |TOTAL FUNDS CARRIED FORWARD||||12,534,927||12,534,927|12,554,810| ## ## ## |||||2023|2022| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|fund|funds|funds| |Notes||E||E|E| |FIXEDASSETS|||||| |Tangible assets|9|12,985,573||12,985,573|12,937,370| |Investments|10|699,684||699,684|780,299| |||13,685,257||13,685,257|13,717,669| |CURRENT ASSETS|||||| |Debtors|11|28,514||28,514|19,411| |Investments|12|4,109||4,109|53,965| |Cash at bank and in hand||79,855||79,855|85,468| |||112,478||112,478|158,844| |CREDITORS|||||| |Amounts
falling due within one year|13|(72,888)||(72,888)|(78,922)| |NET CURRENT ASSETS||39,590||39,590|79,922| |TOTAL ASSETS LESSCURRENT|||||| |LIABILITIES||13,724,847||13,724,847|13,797,591| |CREDITORS|||||| |Amounts
falling due after more than one year|14|(1,189,920)||(1,189,920)|(1,242,781)| |NET ASSETS||12,534,927||12,534,927|12,554,810| |FUNDS|17||||| |Unrestricted
funds||||12,534,927|12,554,810| |TOTAL FUNDS||||12,534,927|12,554,810| ## |||||CASH FLOW STATEMENT||| |---|---|---|---|---|---|---| ||||FOR THE YEAR ENDED 31 MARCH 2023|||| ||||||2023|2022| |||||Notes|F|F| |Cash flows from|operating||activities|||| |Cash generated
from operations|||||(27,842)|160,470| |Interest received|||||(144)|(7)| |Net cash (used in)/provided|||by operating|activities|(27,986)|160,463| |Cash flows from|investing||activities|||| |Purchase of tangible
fixed assets|||||(48,203)|(258,259)| |Purchase
offixed|asset investments||||(12,261)|(10,720)| |Sale of intangible|fixed assets||||17,058|| |Sale offixed asset investments|||||53,419|| |Transfer ofcurrent investment|||||50,000|| |Interest received|||||148|5| |Dividends
received|||||19,634|18,475| |Net cash provided|byl(used||in) investing|activities|79,795|(250,499)| |Cash flows from|financing||activities|||| |Loan repayments|in year||||(57,422)|(59,227)| |Net cash used
in|financing|activities|||(57,422)|(59,227)| |Change
in cash|and cash||equivalents|||| |in the reporting|period||||(5,613)|(149,263)| |Cash and cash equivalents|||at the|||| |beginning
ofthe|reporting||period||85,468|234,731| |Cash and cash equivalents|||at the end|||| |ofthe reporting|period||||79,855|85,468| ## |RECONCILIATION

ACTIVITIES|OF NET|(EXPENDITURE)|/INCOME
TO NET CAS|H FLOW FROM O|PERATING| |---|---|---|---|---|---| |||||2023|2022| ||||||F| |Net (expenditure)/income||for the reporting|period (as per the||| |Statement ofFinancial Activities)||||(19;883)|232,614| |Adjustments
for:|||||| |Losses/(gain)
on investments||||39,457|(58,709)| |Profit on disposal of|fixed assets|||(17,058)|| |Interest received||||(148)|(5)| |Dividends
received||||(19,634)|(18,475)| |Increase
in debtors||||(9,103)|(7,297)| |(Decrease)/increase|in creditors|||(1,473)|12,342| |Net cash (used in)/provided||by operations||(27,842)|160,470| ## |ANALYSIS OF C|HANGES
IN NET DEBT|||| |---|---|---|---|---| |||At 1/4/22|Cash flow|At 31/3/23| |||||F| |Net cash||||| |Cash at bank and|in hand|85,468|(5,613)|79,855| |||85,468|(5,613)|79,855| |Liquid resources||||| |Deposits included|in cash|||| |Current asset investments||53,965|(49,856)|4,109| |||53,965|(49,856)|4,109| |Debt||||| |Debts falling due|within
1 year|(61,238)|4,561|(56,677)| |Debts falling due|after 1 year|(1,242,781)|52,861|(1,189,920)| |||(1,304,019)|57,422|(1,246,597)| |Total||(1,164,586)|1,953|(1,162,633)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||2023|2022| |---|---|---|---| |Investment|income|19,634|18,475| |Bank interest||148|5| |||19,782|18,480| ## ## ## ## ## |INCOME|FR|OM CHARI|TA|B|LE ACTIVITIES||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2023|2022| ||||||Activity|||E|F| |Rental income|||||Rental and associated|income||364,234|360,693| |Licences|and|heating|||||||| |contributions|||||Rental and associated|income||24,971|22,987| |Other Income|||||Other|||763|1,271| |||||||||389,968|384,951| |CHARITABLE ACTIVITIES|||||COSTS||||| ||||||||Direct|Support|| ||||||||Costs (see|costs (see|| ||||||||note 5)|note 6)|Totals| ||||||||E|E|| |Expenditure||on charitable||activities|||337,420|69,814|407,234| |DIRECT|COSTS OF CHARITABLE ACTIVITIES||||||||| |||||||||2023|2022| |||||||||E|| |Water rates and council|||tax|||||22,873|23,667| |Insurance||||||||7,540|7,289| |Light and|heat|||||||25,685|12,539| |Repairs and||renewals||||||209,856|71,041| |Grass cutting||and garden||maintenance||||12,982|2,994| |Mortgage|interest|||||||2,191|1,721| |Loan interest||||||||56,293|51,799| |||||||||337,420|171,050| |SUPPORT COSTS|||||||||| ||||||||||Governance| ||||||||||costs| ||||||||||E| |Expenditure||on charitable||activities|||||69,814| |Support|costs, included||in|the above, are as follows:|||||| |Governance||costs|||||||| |||||||||2023|2022| |||||||||Expenditure|| |||||||||on|| |||||||||charitable|Total| |||||||||activities|activities| ||||||||||E| |Wages||||||||42,040|38,349| |Auditors'|remuneration|||||||3,700|3,500| |Professional||charges||||||15,330|8,926| |Administrative||costs||||||8,744|7,701| |||||||||69,814|58,476| ## ## ## ## ## |STAFF COS|TS|||||| |---|---|---|---|---|---|---| ||||||2023|2022| |||||||E| |Wages and|salaries||||42,040|38,349| ||||||42,040|38,349| |The average|monthly|number|ofemployees|during the year was as follows:||| ||||||2023|2022| |Management|and administration||||2|2| ## ## ## |TANGIBLE FIXEDASSETS|| |---|---| ||Freehold| ||property| ||E| |COST|| |At 1 April 2022|12,937,370| |Additions|48,203| |At 31 March 2023|12,985,573| |NET BOOK VALUE|| |At 31 March 2023|12,985,573| |At 31 March 2022|12,937,370| ## ||2023|2022| |---|---|---| |Market Values:|F|F| |Wardle Close|178,420|178,420| |StStephens Place|3,974,230|3,974,230| |Severn Street|3,372,900|3,324,698| |10Church Street|497,170|497,170| |3St. Leonards Close|747,920|747,920| |Spinners
Court|4,151,182|4,151,182| |Various
Land|63,750|63,750| ||12,985,572|12,937,370| ||2023|2022| |Historic Cost:|E|F| |Wardle Close|156,063|156,063| |StStephens Place|108,297|108,297| |Severn Street|2,137,165|2,088,964| |Spinners
Court Development|2,537,529|2,537,529| ||4,939,054|4,890,853| ## ## |FIXEDASSET INVESTMENTS|||| |---|---|---|---| |||2023|2022| |Market Values:||E|E| |Opening
values||780,299|710,870| |Additions||12,260|10,719| |Disposals||-53,419|| |Net gains (losses) on revaluations|during year|-39,457|58,710| |Closing values||699,683|780,299| |Historic cost||245,487|286,646| ## ## ## ||||||2023|2022| |---|---|---|---|---|---|---| ||||||F|| ||COIF Income Shares||||210,935|219,231| ||COIF Accumulation|Shares|||179,397|181,009| ||MBG Charity
Multi|Asset Fund Income|||29,166|30,001| ||M&G Charity
Multi|Asset Fund Accumulation|||280,185|327,162| ||Charinco Common|lnv Fund Accumulation||Shares|0|22,896| ||||||699,683|780,299| |11.|DEBTORS:AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||| ||||||2023|2022| ||||||E|| ||Rental and maintenance
debtors||||14,083|13,999| ||Debtor adjustment|account|||49|1,740| ||Other debtors||||10,494|| ||Prepayments||||3,888|3,672| ||||||28,514|19,411| |12.|CURRENT ASSET INVESTMENTS|||||| ||||||2023|2022| |||||||E| ||COIF deposit||||4,009|3,939| ||Bank deposit||||100|50,026| ||||||4,109|53,965| |13.|CREDITORS: AMOUNTS||FALLING DUE|WITHIN ONE YEAR||| ||||||2023|2022| |||||||E| ||Bank loans and overdrafts||(see note 15)||54,677|59,238| ||Other loans (see note 15)||||2,000|2,000| ||Trade creditors||||4,775|298| ||Social security and|other taxes||||(150)| ||Pension due||||205|183| ||Accrued expenses||||11,231|17,353| ||||||72,888|78,922| ## ## ## |CREDITOR|S: AMOU||NTS
|F|ALLING DU|E AFTER MORE THAN|ONE YEAR|| |---|---|---|---|---|---|---|---|---| ||||||||2023|2022| ||||||||E|| |Bank loans|(see note||15)||||1,182,920|1,235,781| |Other loans|(see note||15)||||7,000|7,000| ||||||||1,189,920|1,242,781| |LOANS||||||||| |An analysis|ofthe maturity of loans is given below:|||||||| ||||||||2023|2022| ||||||||E|| |Amounts
falling due within one year on demand:||||||||| |Bank loans|||||||41,771|42,170| |Mortgage
repayable||in less||than
1 year|||12,906|17,068| |Other loans|||||||2,000|2,000| ||||||||56,677|61,238| |Amounts
falling between one|||||and two years:|||| |Bank loans|repayable||within||1 —2 years||43,178|43,412| |Mortgage
repayable||within||1|—2 years||12,906|17,643| |Other loans|repayable||within||1 —2 years||2,000|2,000| ||||||||58,084|63,055| |Amounts
falling due||between|||two and five years:|||| |Bank loans repayable
Mortgage
repayable||within
within||2 - 5years
2- 5 years|||138,522
10,936|138,969
18,930| |Other loans|repayable||within||2 - 5years||5,000|5,000| ||||||||154,458|162,899| |Amounts
falling due||in more|||than five years:|||| |Repayable|by instalments:|||||||| |Bank loans|repayable||after|more than 5years|||977,378|1,016,827| |SECURED|DEBTS|||||||| |The following secured|||debts||are included|within creditors:||| ||||||||2023|2022| ||||||||E|| |Bank loans|||||||1,200,849|1,241,378| |Mortgages|||||||36,748|53,641| ||||||||1,237,597|1,295,019| ## ## ## ## ## |MOVEMENT|IN FUNDS||||||| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1/4/22|in funds|funds|31/3/23| ||||||E||| |Unrestricted|funds||||||| |Revenue reserve||||3,806,336|19,574|24,302|3,850,212| |Unrestricted|Extraordinary|repair fund||72,707||(35,903)|36,804| |Unrestricted|Cyclical Maintenance||fund|135,596|(1)|11,601|147,196| |Revaluation|of investment|assets|||||| |reserve||||493,653|(39,456)||454,197| |Revaluation|offixed assets|reserve||8,046,518|||8,046,518| |||||12,554,810|(19,883)||12,534,927| |TOTAL FUNDS||||12,554,810|(19,883)||12,534,927| |Net moveme|nt
in funds,
i|ncluded|in the ab|ove are as follow|s:||| |---|---|---|---|---|---|---|---| |||||Incoming|Resources|Gains and|Movement| |||||resources|expended|losses|in funds| |||||E|||F| |Unrestricted|funds||||||| |Revenue reserve||||426,808|(407,234)||19,574| |Unrestricted|Cyclical Maintenance||fund|(1)|||(1)| |Revaluation|of investment|assets|||||| |reserve||||||(39,457)|(39,456)| |||||426,808|(407,234)|(39,457)|(19,883)| |TOTAL FUNDS||||426,808|(407,234)|(39,457)|(19,883)| ## ## ## ## |Comparative|s
for movem|ent
in f|unds||||| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1/4/21|in funds|funds|31/3/22| |||||E|||| |Unrestricted|funds||||||| |Revenue reserve||||3,704,009|173,905|(71,578)|3,806,336| |Unrestricted|Extraordinary|repair fund||49,702||23,005|72,707| |Unrestricted|Cyclical Maintenance||fund|87,023||48,573|135,596| |Revaluation|of investment|assets|||||| |reserve||||434,944|58,709||493,653| |Revaluation|offixed assets|reserve||8,046,518|||8,046,518| |||||12,322,196|232,614||12,554,810| |TOTAL FUNDS||||12,322,196|232,614||12,554,810| |Comparative|net movemen|t
in funds,
in|cluded
in the above|are as follows:||| |---|---|---|---|---|---|---| ||||Incoming|Resources|Gains and|Movement| ||||resources|expended|losses|in funds| ||||E|F|F|| |Unrestricted|funds|||||| |Revenue reserve|||403,431|(229,526)||173,905| |Revaluation|of investment|assets||||| |reserve|||||58,709|58,709| ||||403,431|(229,526)|58,709|232,614| |TOTAL FUNDS|||403,431|(229,526)|58,709|232,614| |A current ye|ar 12 months
a|nd prior|year|12months combin|ed
position is a|s follows:|| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1/4/21|in funds|funds|31/3/23| |||||E|E||| |Unrestricted|funds||||||| |Revenue reserve||||3,704,009|193,479|(47,276)|3,850,212| |Unrestricted|Extraordinary|repair fund||49,702||(12,898)|36,804| |Unrestricted|Cyclical Maintenance||fund|87,023|(1)|60,174|147,196| |Revaluation|of investment|assets|||||| |reserve||||434,944|19,253||454,197| |Revaluation|offixed assets|reserve||8,046,518|||8,046,518| |||||12,322,196|212,731||12,534,927| |TOTAL FUNDS||||12,322,196|212,731||12,534,927| ## |above are a|s follows:||||||| |---|---|---|---|---|---|---|---| |||||Incoming|Resources|Gains and|Movement| |||||resources|expended|losses|in funds| |||||F|F|F|| |Unrestricted|funds||||||| |Revenue reserve||||830,239|(636,760)||193,479| |Unrestricted|Cyclical Maintenance||fund|(1)|||(1)| |Revaluation|of investment|assets|||||| |reserve||||||19,252|19,253| |||||830,239|(636,760)|19,252|212,731| |TOTAL FUNDS||||830,239|(636,760)|19,252|212,731| ## ## ## ## ||||FOR THE YEAR ENDED 31|MARCH 2023|| |---|---|---|---|---|---| |||||2023|2022| |||||F|| |INCOME AND ENDOWMENTS|||||| |Investment
income|||||| |Investment
income||||19,634|18,475| |Bank interest||||148|5| |||||19,782|18,480| |Charitable
activities|||||| |Rental income||||364,234|360,693| |Licences and heating||contributions||24,971|22,987| |Other Income||||763|1,271| |||||389,968|384,951| |Other income|||||| |Gain on sale of|intangible||fixed assets|17,058|| |Total incoming|resources|||426,808|403,431| |EXPENDITURE|||||| |Charitable
activities|||||| |Water rates and|council tax|||22,873|23,667| |Insurance||||7,540|7,289| |Light and heat||||25,685|12,539| |Repairs and renewals||||209,856|71,041| |Grass cutting and garden|||maintenance|12,982|2,994| |Mortgage
interest||||2,191|1,721| |Loan interest||||56,293|51,799| |||||337,420|171,050| |Support costs|||||| |Governance
costs|||||| |Wages||||42,040|38,349| |Auditors'
remuneration||||3,700|3,500| |Professional
charges||||15,330|8,926| |Administrative|costs|||8,744|7,701| |||||69,814|58,476| |Total resources|expended|||407,234|229,526| |Net income||||19,574|173,905| ||||||2023|2022| |---|---|---|---|---|---|---| ||||||E|E| |INCOMING RESOURCES||||||| |Investment
income||||||| |Investment
income|||||19,634|18,475| |Bank interest|||||145|7| ||||||19779|18481| |Incoming resources|from||charitable|activities||| |Other income|||||763|1,271| |Licences and heating|contributions||||24,971|23,009| |Profit on the sale of investments|||||17,058|| ||||||62,571|24,280| |Total incoming
resources|||||62,571|42,761| |RESOURCES EXPENDED||||||| |Direct Charitable
Expenditure||||||| |Light and heat|||||12,365|5,485| |Water rates and council||tax|||1,487|1,380| |Insurance|||||552|533| |Repairs and renewals|||||23,873|361| |Other||||||| |Gardening||||||| ||||||38277|7759| |Support costs||||||| |Management||||||| |Office and administrative|||costs||4,479|3,507| ||||||4,479|3,507| |Total resources expended|||||42,756|11,266| |Net Incoming Resources|||before transfers||19,815|31,495| |Transfer to designated||funds||||| |To1From Extraordinary||repair fund|||(1,894)|2,018| |To Cyclical repair fund|||||3,317|3,068| |From Cyclical repair fund|||||~23,932|| ||||||(22,509)|5,086| |Net incoming
Resources|||for the Year||~2,694)|36,581| ||||2023|2022| |---|---|---|---|---| |||||E| |INCOMING RESOURCES||||| |Incoming resources from|charitable|activities||| |Rental income|||125,472|122,984| |Other income||||| |Total incoming
resources|||125,472|122,984| |RESOURCES EXPENDED||||| |Direct Charitable
Expenditure||||| |Light and heat|||208|158| |Water rates and council tax|||11,769|10,517| |Insurance|||2,319|2,222| |Repairs and renewals|||34,119|33,630| |Gardening|||7,027|1,609| |Other reliefs||||| ||||55442|48 138| |Support costs||||| |Management||||| |Office and administrative|costs||22,506|18,744| ||||22,506|18,744| |Total resources expended|||77,948|66,880| |Net Incoming Resources|before transfers||47,524|56,104| |Transfer to designated
funds||||| |To/From
Extraordinary
repair fund|||14,156|8,284| |To Cyclical repair fund
From Cyclical repair fund|||21,558
~21,351|19,944
~8,900)| ||||14,362|19,328| |Net Incoming Resources|for the Year||61,886|75,432| ||||2023|2022| |---|---|---|---|---| ||||E|P| |INCOMING RESOURCES||||| |Incoming resources from
Rental income|charitable|activities|81,979|83,316| |Total incoming resources|||81,979|83,316| |RESOURCES EXPENDED||||| |Direct Charitable
Expenditure||||| |Light and heat|||2,475|1,945| |Water rates and council tax|||7,748|10,112| |Insurance|||1,740|1,668| |Repairs and renewals|||91,921|26,611| |Gardening|||1,934|1,085| |Mortgage interest|||2,191|1,721| ||||1D8 DDD|43 142| |Support costs||||| |Management||||| |Office and administrative|costs||14,705|12,698| ||||14,705|12,698| |Total resources expended|||122,714|55,840| |Net Incoming Resources|before transfers||(40,735)|27,476| |Transfer to designated
funds||||| |To/From
Extraordinary
repair fund|||(13,793)|(1,927)| |To Cyclical repair fund
From Cyclical repair fund|||16,583
~22,135|15,341
~3,126)| ||||(19,346)|10,288| |Net Incoming Resources|for the Year||~60,081)|37,764| ## ||
for|
the Year Ended 31 MARCH 2|023|| |---|---|---|---|---| ||||2023|2022| |INCOMING RESOURCES||||| |Incoming resources from|charitable|activities||| |Rental income|||30,999|30,144| |Total incoming
resources|||30,999|30,144| |RESOURCES EXPENDED||||| |Direct Charitable
Expenditure||||| |Light and heat|||10,561|4,892| |Water rates and council tax|||1,432|1,261| |Insurance|||1,056|1,021| |Repairs and renewals|||45,716|3,475| |Other||||| ||||58765|10649| |Support costs||||| |Management||||| |Office and administrative|costs||5,560|4,594| ||||5,560|4,594| |Total resources expended|||64,325|15,243| |Net Incoming/(Outgoing)|Resources|before transfers|(33,326)|14,901| |Transfer to designated
funds||||| |To/From
Extraordinary
repair fund|||(25,944)|4,036| |To Cyclical repair fund|||6,633|6,137| |From Cyclical repair fund|||~6,343|| ||||(25,654)|10,173| |Net (Outgoing)/incoming|Resources|for the Year|~58,980)|25,074| ## ||for|the Year Ended 31 MARCH 20|23|23|| |---|---|---|---|---|---| ||||2023||2022| ||||F||E| |INCOMING RESOURCES|||||| |Incoming resources from|charitable|activities|||| |Rental income|||6,122||5,857| |Total incoming resources|||6,122||5,857| |RESOURCES EXPENDED|||||| |Direct Charitable
Expenditure|||||| |Light and heat|||||| |Water rates and council tax||||438|397| |Insurance||||89|88| |Repairs and renewals||||755|314| ||||1|282|799| |Supportcosts|||||| |Management|||||| |Office and administrative|costs||1,098||893| |Total resources expended|||2,380||1,692| |Net Incoming/(Outgoing)|Resources|before transfers|3,742||4,156| |Transfer to designated
funds|||||| |To/From
Extraordinary
repair fund||||544|504| |To Cyclical repair fund||||829|767| |From Cyclical repair fund|||||| ||||1,374||1,271| |Net (Outgoing)/incoming|Resources|for the Year|5,116||5,436| ## ## ||for|the Year Ended 31 MARCH 2|023|| |---|---|---|---|---| ||||2023|2022| |||||F| |INCOMING RESOURCES||||| |Incoming resources from|charitable|activities||| |Rental income|||119,661|118,370| |Electricity refund||||| |Total incoming resources|||118,370|118,370| |RESOURCES EXPENDED||||| |Direct Charitable
Expenditure||||| |Light &heat|||75|59| |Water rates &council tax||||| |Insurance|||1,784|1,757| |Repairs 8 renewals|||17,492|6,652| |Loan interest|||56,293|51,799| ||||75 644|60 567| |Support costs||||| |Management||||| |Office and administrative|costs||21,464|18,041| |Total resources expended|||97,108|78,608| |Net Incoming/(Outgoing)|Resources|before transfers|22,553|39,762| |Transfer to designated
funds||||| |To/From
Extraordinary
repair fund|||10,889|10,090| |To Cyclical repair fund|||16,583|15,341| |From Cyclical repair fund||||| ||||27,472|25,431| |Net (Outgoing)/Incoming|Resources|for the Year|50,025|65,193| ## ||||2023|2023|2022| |---|---|---|---|---|---| ||||F||| |EXPENDITURE|||||| |Office salaries|||42,040||38,350| |Light and heat|||2,135||950| |Water rates and council tax||||546|737| |Insurance||||356|370| |Repairs and renewals||||683|443| |Telephone||||993|1,173| |Computer costs||||406|1,287| |Printing,
postage and stationery||||485|460| |Travel expenses|||||| |Bank charges||||882|843| |Audit costs|||3,700||3,500| |Professional
charges|- legal||||| |Professional
charges|—surveyors||15,330||8,406| |Professional
charges|- payroll|||438|520| |Bad debts|||||| |Sundry expenses|||1,819||1,436| |Total Management|and Administrative|Costs|69,813||58,477| ## |Church Street Almshouses|Church Street Almshouses|||4,479|3,507| |---|---|---|---|---|---| |StStephen's
Place||||22,506|18,744| |Severn Street||||14,705|12,698| |Reverend
Francis Palrne's||Hospital||5,560|4,594| |Wardle Close||||1,099|893| |Spinner's
Court||||21,464|18,041| |Total Management|and Administrative||Costs|69,813|58,477|