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||||The|Hartlepools
War Memorial
homes an
Trustees' annual|d the Crosby Home
report and account
31 March 202|
|---|---|---|---|---|---|
|Contents||||||
|Trustees|and Advisors.||||.............2|
|Report of|the Trustees||||3|
|Statement|ofthe Responsibilities||ofthe Trustees|in Respect ofthe Accounts.||
|Report of|the Auditors.||||.............6|
|Statement|ofcomprehensive||income for the year ended 31"March 2023 ...|||
|Statement|ofchanges|in reserves for the year ended 31~March 2023 .||||
|Statement|of financial|position|as at 31st March 2023.||........... 10|
|Notes .|||||.....11 - 17|
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||||2023|2022|2021|2020|2019|
|---|---|---|---|---|---|---|---|
|Operating
costs as e percentage||of||||||
|turnover
(Excluding
Amortisation||and|60,91%|53.00%|64 34olo|50.65%|74.28'lo|
|Depreciation)||||||||
|Maintenance
costs per unit|||61,481||E1,642|F1,030|F1,959|
|No ofVoids in year||||||||
|Routine repairs completed|on time||96.58olo|95.97%|89.68%|95.50%|98.09%|
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|||||2022|
|---|---|---|---|---|
|Turnover|||103,109|102,574|
|Operating
Costs|||(62,803)|(54,365)|
|Depreciation|||(14,657)|(17,656)|
|Operating
(Deficit)/Surplus|||25,649|30,553|
|Loss on disposal
of Fixed Assets||||(1,322)|
|Interest receivable|||1,134|l,ill|
|Total Comprehensive|Income for the year||26,783|30,342|
|Transfer from Designated||Reserves|||
|Income and Expenditure||Reserve at 1 April 22|392,555|362213|
|Xncome and Expenditure||Reserve at 31March 23|419,338|392,555|
|orthe year|e|nded|31March 2()2|2|||||
|---|---|---|---|---|---|---|---|---|
||||||||Charitaafe||
||||Xnvestrnent|xnconfe a|||Fund||
||||Revaluation|Expenditure|Oesfgnated|Other|Property|total|
||||Resenre|Account|Resenre|Reserves|Reserve|Reserves|
||||E|E|E||E|E|
|Balance as at
1"Apnl 2022|||223,767|392,555|120,311|918|99,102|836,653|
|Total comprehensive
income/(Deficit)
for||||26,783||||30,342|
|the year|||||||||
|Revaluation
surplus
arising
during
the|||(3,376)|||||25,988|
|year|||||||||
|Balance as at
3»0|3||2030|419338|120,311|||860,060|
||||||The|llartlepools|yyar|f4emorial homes and the|f4emorial homes and the|Crosby Homes|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Trustees'|annual report and accounts||
|||||||||||31 March 2023|
|Statement of Financial
as at 33."March 2023||||Position|||||||
||||||||||2022|2022|
|Fixed Assets|||||||||||
|Tangible Assets
Investments|||||6a
7|||475,707
256,701||482,314
260,277|
|Current Assets||||||||732,408||742,391|
|Debtors
Cash at bank and
in||hand||||5,036
390,064|||4,962
360,466||
|Creditors:
Amounts||falling||||395,100|||365,428||
|due within
one year||||||(7,468)|||(7,809)||
|Net Current Assets||||||||387,632||357,619|
|Total Assets||||||||1,120,040||1,100,010|
|Creditors:
Amounts|falling||||||||||
|due after more than|||one|year|6b|||(259,980)||(263,357)|
|Totai Net Assets||||||||860,060||836,653|
|Reserves|||||||||||
|Investment
Revaluation|||Reserve|||||220,391||223,767|
|Income 8 Expenditure||Account||||||419,338||392,555|
|Designated
Reserve
Cither Reserves||||||||120,311
918||120,311
918|
|Charitable
Fund Property|||Reserve|||||99,102||99,102|
|||||||||860,060||836,653|
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|Turnover
and Operating|Turnover
and Operating|Surpius for the Year by Class ofBusiness|Surpius for the Year by Class ofBusiness|Surpius for the Year by Class ofBusiness||
|---|---|---|---|---|---|
|||||2023||
|||||E||
|Turnover from lettings||||||
|Rents and service|charges receivable|||101,383|100,802|
|Amortised
government||grants||3,376|3,376|
|||||104,759|104,178|
|Operating
Expenditure||||||
|Bad debts written|off|||||
|Management
Day to day repairs
Services (including|8 maintenance
Water Rates)|||16,376
35,541
10,886|15,574
28,700
10,093|
|Depreciation||||14,657|17,656|
|Totai Expenditure|on|Social Housing|Lettings|77,460|72,023|
|Void Losses||||(1,650)|(1,604)|
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||||||||2023||
|---|---|---|---|---|---|---|---|---|
||||||||k||
|Investment|income||||||1,134||
|Surplus on Ordinary|||Activities||||||
|||||||||2022|
|||||||||E|
|The Surplus|on|ordinary||activities|is stated|after charging:|||
|Auditor's||remuneration|||||980|933|
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|angible Assets|The Hartlepools
YYar M|emorial
homes an
Trustees' annual|d the CrosbY
report and acc
31 March|
|---|---|---|---|
|||Fixtures||
|||anti||
|||Fittings||
|Cost:||g||
|At 1st April 2022|779,009|10,161|789,170|
|Additions
Disposafs
At 31st March 2023|8,050
(18,920)
768,139|10,161|8,050
(18,920)
7?8,300|
|Less: Depreciation||||
|At 1'" April 2022
Charge for the year|296,695
14,657|10,161|306,856
14,657|
|Disposals
At 31"March 2023|(18,920)
292,432||(18,920)
302,593|
|Net Book Value:||||
|31"March 2023
1"April 2022|6 475,707
6482,314||6 475,707
6 482,314|
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|ocial Housing
A|ssisltance|- Cr|editors failing|due after more t|han one year||
|---|---|---|---|---|---|---|
||||||2023||
||||||6||
|Total accumulated|social housing||grant received|at 31March 22|337,637|337,637|
|Recognised
in the statement||of|comprehensive|income|(77,657)|(74,280)|
|Held as deferred|income||||259,980|263,357|
|No|tes (continued)|||||||
|---|---|---|---|---|---|---|---|
|7.|Fixed Asset Investments|||||||
|||||||2023|2022|
||Valuation
at 1"April 2022
Disposals|||||260,077|234,090|
||Surplus
arising
on revaluation
At 31 March 2023|||||(3,376)
256,701|25,987
260,077|
|The|investments
comprise the following:-|||||||
|||||||2023||
||2080.17(2013:2080.17)COIF Income Shares
943.44 (2013:943.44) COIF Accumulation
Shares
3'/~oyo War Stock (nominal
E2,319.80)|||||38,927
215,945
1,829|40,443
217,804
1,829|
|||||||256,701|260,076|
||The historical cost of investments|||is analysed|as follows:—|||
||||||||2022|
||COIF Income Shares|||||19,089|19,089|
||COIF Accumulation
Shares
3'4'lo War Stock|||||14,666
1,750|14,666
1,75Q|
|||||||35,505|35,505|
||Rental debtors|||||3,664|3,691|
||Prepayments
and accrued|income||||1,372|1,271|
|||||||5,036|4,962|
|9.|Creditors:
Amounts
falling||due|within one year||||
||Prepaid
rents|||||139|374|
||Trade creditors and accruals|||||7,329|7,435|
|||||||7,468|7,809|
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