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2023-12-31-accounts

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes E
INCOME AND ENDOWMENTS FROM
Donations
and legacies
Charitable
activities
Subsidised
housing		 220,192 220,192 207,188
Investment
income		 3,159 3,159 2,607
Total 223,359 223,359 209,795
EXPENDITURE ON
Charitable
activities
Subsidised
housing		 208,223 208,223 146,579
Net gains on investments 26,193 26,193 1,006
NET INCOME 15,136 26,193 41,329 64,222
Other recognised
gains/(losses)
Gains/(losses)
on revaluation offixed assets		 (9,872,673) (9,872,673) 3,988,786
Net movement
in funds		 15,136 (9,846,480) (9,831,344) 4,053,008
RECONCILIATION OF FUNDS
Total funds brought
forward		 559,858 17,410,001 17,969,859 13,916,851
TOTAL FUNDS CARRIED FORWARD 574,994 7,563,521 8,138,515 17,969,859

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes
FIXEDASSETS
Tangible assets 5 437,678 7,107,322 7,545,000 17,417,673
Investments 6 41,960 456,199 498,159 471,966
479,638 7,563,521 8,043,159 17,889,639
CURRENT ASSETS
Cash at bank 111,702 111,702 95,698
CREDITORS
Amounts
falling due within one year		 (16,346) (16,346) (15,478)
NKT CURRENT ASSETS 95,356 95,356 80,220
TOTAL ASSETSLESSCURRENT
LIABILITIES 574,994 7,563,521 8,138,515 17,969,859
NET ASSETS 574,994 7,563,521 8,138,515 17,969,859
FUNDS
Unrestricted
funds		 574,994 559,858
Restricted funds 7,563,521 17,410,001
TOTAL FUNDS 8,138,515 17,969,859

INVEST MENT INCOME
2023 2022
Dividends received 2,798 2,599
Bank interest 361 8
3,159 2,607

TANGIBLE FIXEDASSETS
Freehold
property
COST OR VALUATION
At 1 January 2023 17,417,673
Revaluations (9,872,673)
At 31December 2023 7,545,000
NET BOOK VALUE
At 31December 2023 7,545,000
At 31December 2022 17,417,673

FIXEDASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1 January 2023 471,966
Revaluations 26,193
At 31December 2023 498,159
NET BOOK VALUE
At 31December 2023 498,159
At 31December 2022 471,966
Listed investments comprise the following: comprise the following:
2023 2022
Income producing shares
500 Charifunds income units at year end market value 7,175 7,347
62,392NAACIF income shares at year end market value 56,040 55,099
63,215 62,446
Accumulation
shares
3,881NAACIF accumulation shares at year end market value 434,944 409,520
434,944 409,520
Total UK quoted shares 498,159 471,966

7. CASH AT BANK
2023 2022
Total Total
funds funds
Current account 44,456 76,235
Deposit account 67,246 19,463
Total 111,702 95,698
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Trade creditors 16,346 15,478
9. MOVEMENT IN FUNDS
Net
movement At
At 1/1/23 in funds 31/12/23
Unrestricted
funds
General fund 559,858 15,136 574,994
Restricted funds
Emergency
Repair Fund		 409,520 25,424 434,944
Unrealised
Gains on Revaluation
Reserve 17,000,481 (9,871,904) 7,128,577
17,410,001 (9,846,480) 7,563,521
TOTAL FUNDS 17,969,859 (9,831,344) 8,138,515

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General fund 223,359 (208,223) 15,136
Restricted funds
Emergency Repair Fund 25,424 25,424
Unrealised Gains on Revaluation
Reserve (9,871,904) (9,871,904)
(9,846,480) (9,846,480)
TOTAL FUNDS 223,359 (208,223) (9,846,480) (9,831,344)
Comparatives
for 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 1/1/22 in funds 31/12/23
Unrestricted funds
General fund 496,642 78,352 574,994
Restricted funds
Emergency Repair Fund 406,309 28,635 434,944
Unrealised Gains on Revaluation
Reserve 13,013,900 (5,885,323) 7,128,577
13,420,209 (5,856,688) 7,563,521
TOTAL FUNDS 13,916,851 (5,778,336) 8,138,515

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General fund 433,154 (354,802) 78,352
Restricted funds
Emergency Repair Fund 28,635 28,635
Unrealised Gains on Revaluation
Reserve (5,885,323) (5,885,323)
(5,856,688) (5,856,688)
TOTAL FUNDS 433,154 (354,802) (5,856,688) (5,778,336)