E W KING MEMORIAL HOMES
Fif4ANCIAL STA'fEMEIYTS
YEAR ENDED 31 ocfoBER 2022

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|||Pages|
|---|---|---|
|Charity Information|||
|Trustees'<br>Annual Report||2&3|
|Statement ofTrustees'|Responsibilities||
|Independent<br>Examiner's|Report||
|Income and Expenditure|Account||
|Balance Sheet|||
|Notes to the Financial<br>Statements||8to 11|





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||Notes|Notes||2022||2021|
|---|---|---|---|---|---|---|
|TURNOVER|||||||
|Contributions<br>from residents||||24,954||25,323|
|EXPENSES|||||||
|Services|||3,910||3,792||
|Management||10|3,812||7,330||
|Independent<br>examiners<br>fees|||780||768||
|Day to day maintenance|||44,452||5,292||
|Sundry expenses|||487||482||
|||||53,441||17,664|
|OPERATING (DEFICIT)|SURPLUS|2||(28,487)||7,659|
|Interest receivable<br>and other|income|3||6,553||5,808|
|(DEFICIT) SURPLUS ON ORDINARY|||||||
|ACTIVITIES BEFORETAXATION||||(21,934)||13,467|
|Tax on surplus<br>on ordinary|activities|4|||||
|(DEFICIT) SURPLUS FOR THE<br>FINANCIAL YEAR AFTER TAXATION||||(21,934)||13,467|
|RETAINED (DEFICIT) SURPLUS FOR|||YEAR|(2i,934)||13,467|





|||||EW KING MEMORIAL HOMES|EW KING MEMORIAL HOMES|||
|---|---|---|---|---|---|---|---|
|||||BALANCE SHEET||||
|||||AS AT 31OCTOBER 2022||||
|||||Notes|2022||2021|
|FIXEDASSETS||||||||
|Housing<br>property|at|cost|||163,951||163,951|
|Less: social housing||grant|||(63,718)||(63,718)|
||||||100,233||100,233|
|CURRENT ASSETS||||||||
|Debtors and prepayments||||6|718|7,469||
|Cash at bank and|in|hand|||78,385|102,045||
|Investments||||7|126,190|119,611||
||||||205,293|229,125||
|CREDITORS: Amounts|||falling|due||||
|within<br>one year|||||1,803|3,701||
|NET CURRENT|ASSETS||||203,490||225,424|
|NET ASSETS|||||303,723||325,657|
|RESERVES||||||||
|Revenue reserve|||||303,723||325,657|
||||||303,723||325,657|



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|||||2022|2021|
|---|---|---|---|---|---|
||Independent|examiners|fees|780|768|
|3.|INTEREST|RECEIVABLE AND OTHER INCOME||||
|||||2022|2021|
||Dividends|||6,553|5,808|
||Bank Interest|||||
|||||6,553|5,808|



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|TANGIBLE FIX|EDASSETS||
|---|---|---|
|||Housing|
|||Property|
|As at 1 November|2021 and||
|31 October 2022||163,951|
|NET BOOK VALUE|||
|As at 31 October|2022|163,931|
|As at 31 October|2021|163,951|





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|6.|DEBTORS||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||Prepayments<br>and accrued income||||||718|7,469|
|7.|INVESTMENTS||||||||
||The National<br>Association of|Almshouses|||Common|Investment|Fund||
||||||||2022|2021|
||Number ofshares at I November||2021||||5,463|5,461|
||Purchases<br>in the year||||||I|2|
||Number ofshares at 31 October 2022||||||5,464|5,463|
||||||||2022|2021|
||Cost ofshares at I November|2021|||||119,611|113,784|
||Purchased<br>in the year||||||150|150|
||Income on respect ofAccumulation|||Shares retained||in the fund|6,429|5,677|
||Cost ofshares at 31 October|2022|||||126,190|119,611|



|8.|CREDITORS amounts|falling due within one year|||
|---|---|---|---|---|
||||2022|2021|
||Independent<br>examiners|fees|780|768|
||Other provisions<br>and accruals||1,023|2,933|
||||1,803|3,701|





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|9. RESERVES||||||
|---|---|---|---|---|---|
|||||2022|2021|
|Revenue reserve||||||
|At<br>1 November|2021|||325,657|312,190|
|Retained (deficit) surplus||for the year||(21,934)|13,467|
|At 31October 2022||||303,723|325,657|
|10. HOUSING CORPORATION|||ALLOWANCES/COSTS|||
|||||2022|2021|
|8 Units (2019-8)||||||
|Allowances||||3,812|7,330|
|Costs||||3,812|7,330|