##
##
##
||Page||
|---|---|---|
|Report ofthe Trustees|1to4||
|Independent
Examiner's
Report|||
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Notes to the Financial Statements|8 to|14|
|Detailed Statement ofFinancial Activities|15 to|16|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|INCOME AND ENDOWMENTS FROM||||||
|Charitable
activities||||||
|Subsidised
housing||207,188||207,188|189,603|
|Investment
income||2,607||2,607|2,431|
|Total||209,795||209,795|192,034|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Subsidised
housing||146,579||146,579|188,143|
|Net gains on investments|||1,006|1,006|52,912|
|NET INCOME||63,216|1%006|64,222|56,803|
|Other recognised
gains/(losses)||||||
|Gains on revaluation offixed assets|||3,988,786|3,988,786|3,787,695|
|Net movement
in funds||63,216|3,989,792|4,053,008|3,844,498|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought forward||496,642|13,420,209|13,916,851|10,072,353|
|TOTAL FUNDS CARRIED FORWARD||559,858|17,410,001|17,969,859|13,916,851|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|5|437,678|16,979,995|17,417,673|13,428,887|
|Investments|6|41,960|430,006|471,966|470,960|
|||479,638|17,410,001|17,889,639|13,899,847|
|CURRENT ASSETS||||||
|Cash at bank||95,698||95,698|32,560|
|CREDITORS||||||
|Amounts
falling due within one year|8|(15,478)||(15,47S)|(15,556)|
|NKT CURRENT ASSETS||80,220||80,220|17,004|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||559,858|17,410,001|17,969,859|13,916,851|
|NKT ASSETS||559,858|17,410,001|17,969,859|13,916,851|
|FUNDS||||||
|Unrestricted
funds||||559,858|496,642|
|Restricted funds||||17,410,001|13,420,209|
|TOTAL FUNDS||||17,969,859|13,916,851|
##
##
##
##
##
##
##
##
##
##
##
##
|INVEST|MENT INCOME|||
|---|---|---|---|
|||2022|2021|
|Dividends|received|2,599|2,429|
|Bank interest||8|2|
|||2,607|2,431|
##
##
##
##
|TANGIBLE FIXEDASSETS||
|---|---|
||Freehold|
||property|
|COST ORVALUATION||
|At 1 January 2022|13,428,8S7|
|Revaluations|3,9SS,786|
|At 31 December 2022|17,417,673|
|NET BOOKVALUE||
|At 31 December 2022|17,417,673|
|At 31December 2021|13,428,887|
##
##
##
|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
|MARKET VALUE||
|At 1 January 2022|470,960|
|Revaluations|1,006|
|At 31December 2022|471,966|
|NET BOOKVALUE||
|At 31 December 2022|471,966|
|At 31December 2021|470,960|
|Listed investments|comprise the following:|comprise the following:|||
|---|---|---|---|---|
||||2022|2021|
|Income producing|shares||||
|500 Charifunds|income units|at year end market value|7,347|7,781|
|62,392NAACIF|income shares|at year end market value|55,099|56,870|
||||62,446|64,561|
|Accumulation
shares|||||
|3,881NAACIF|accumulation|shares at year end market value|409,520|406,309|
||||409,520|406,309|
|Total UK quoted|shares||471,966|470,960|
##
##
##
|7.|CASH AT BANK||||
|---|---|---|---|---|
||||2022|2021|
||||Total|Total|
||||funds|funds|
||Current account||76,235|20,039|
||Deposit account||19,463|12,521|
||Total||95,698|32,560|
|8.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2022|2021|
||Trade creditors||15,478|15,556|
|9.|MOVEMENT IN FUNDS||||
||||Net||
||||movement|At|
|||At 1/1/22|in funds|31/12/22|
||Unrestricted
funds||||
||General fund|496,642|63,216|559,858|
||Restricted funds||||
||Emergency
Repair Fund|406,309|3,211|409,520|
||Unrealised
Gains on Revaluation||||
||Reserve|13,013,900|3,986,581|17,000,481|
|||13,420,209|3,989,792|17,410,001|
||TOTAL FUNDS|13,916,851|4,053,008|17,969,859|
##
##
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General fund||209,795|(146,579)||63,216|
|Restricted|funds|||||
|Emergency|Repair Fund|||3,211|3,211|
|Unrealised|Gains on Revaluation|||||
|Reserve||||3,986,581|3,986,581|
|||||3,989,792|3,989,792|
|TOTAL FUNDS||209,795|(146,579)|3,989,792|4,053,008|
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1/1/21|in funds|31/12/21|
|Unrestricted||funds||||
|General fund|||492,751|3,891|496,642|
|Restricted|funds|||||
|Emergency||Repair Fund|359,013|47,296|406,309|
|Unrealised|Gains on Revaluation|||||
|Reserve|||9,220,589|3,793,311|13,013,900|
||||9,579,602|3,840,607|13,420,209|
|TOTAL FUNDS|||10,072,353|3,844,498|13,916,851|
##
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General fund||192,034|(188,143)||3„891|
|Restricted|funds|||||
|Emergency|Repair Fund|||47,296|47,296|
|Unrealised|Gains on Revaluation|||||
|Reserve||||3,793,311|3,793,311|
|||||3,840,607|3,840,607|
|TOTAL FUNDS||192,034|(188,143)|3,840,607|3,844,498|
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1/1/21|in funds|31/12/22|
|Unrestricted||funds||||
|General fund|||492,751|67,107|559,858|
|Restricted|funds|||||
|Emergency|Repair Fund||359„013|50,507|409,520|
|Unrealised|Gains on Revaluation|||||
|Reserve|||9,220,589|7,779,892|17,000,481|
||||9,579,602|7,830,399|17,410,001|
|TOTAL FUNDS|||10,072,353|7,897,506|17,969,859|
##
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General fund||401,829|(334,722)||67,107|
|Restricted|funds|||||
|Emergency|Repair Fund|||50,507|50,507|
|Unrealised|Gains on Revaluation|||||
|Reserve||||7,779,892|7,779,892|
|||||7,830,399|7,830,399|
|TOTAL FUNDS||401,829|(334,722)|7,830,399|7,897,506|
##