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