2021-12-31-accounts - The John Henry Keene Memorial Homes

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			Page
Report ofthe Trustees			1 to 3
Independent Lxaminer's	Report
Statement of Financial	Activities
Statement ofComprehensive Income
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements			10to 16
Detailed Statement of Financial		Activities	17to 18

								2021	2020
				Unrestricted	Restricted		Endowment	Total	Total
				funds	fund		fund	funds	funds
			Notes	6		6	6	E	6
INCOME AND
ENDOWMENTS FROM
Charitable activities				210,923			7,370	218,293	232,699
Investment income
Total				214,590			73370	2216960	238 766
EXPENDITURE ON
Charitable activities
Maintenance ofsocial housing Net gains/(losses) on investments				134,674	~		256890 1606564 »		121,751 ~6)
NET
INCOME/(EXPENDITURE)				79,916	313055		(136503)	973468	104)769
3	6	6	~553)				3
Net movement in	funds			25,463	31,055		40,950	97,468	104,769
RECONCILIATION	OF
FUNDS
Total funds brought
forward				690)219	2356734		6346046	135596999	14455 230
TOTAL FUNDS CARRIED
FORWARD					66	69	49	65 46	5

			2021	2020
			Year ended	Year ended
			31December	31 December
			2021	2020
		Notes	6	6
Turnover			218,293	232,699
Operating expenditure			(160,190)	(121,485)
Realised (losses)/gains	on	2	36,072	(12,246)
investments
Operating Surplus/(deficit)			94,175	98,968
Flnandng Income Interest receivable		2 2	2,199 1,468	2 332 3,735
interest and financing	costs		(374)	(267)
Total Comprehensive	Income		97,468	104,769

						2021	2020
		Unrestricted		Restricted	Endowment	Total	Total
	Notes		funds 5	fund 6	fund I	funds E	funds E
FIXEDASSETS
Tangible assets Investments	6 7		1,733		1,122,734 66	1,124,467	1,097,636 9
			1,733	2665789	15183t466	1t4515988	113891085
CURRENT ASSETS
Debtors Cash at bank	8	1	5,312 391			55312	6,906 664 5
		721,103				721,103	691,425
CREDITORS
Amounts falling due within
one year	9	(7,154)				(7,154)	(4,672)
NET CURRENT ASSETS						399	53
TOTAL ASSETS LESS
CURRENT LIABILITIES		7155682		2665789	151835466	251655937	2 075 838
PROVISIONS FOR
LIABILITIES	10				(508,470)	(508,470)	(515,839)
NET ASSETS					996	»	5
FUNDS
Unrestricted funds Restricted funds						715,682 266,789	690,219 235,734
Endowment funds							6
TOTAL FUNDS							99

	2021	2020
Notes	6	6
Cash flows from operating activities Cash generated from operations 1	~102778	~153751
Net cash provided by operating activities	~102778	~153751
Cash flows from Investing activities
Purchase oftangible fixed assets Interest received	(54,454) ~1468	(65,056) ~3735
Net cash used In Investing activities	~52 986)	~61321)
Cash flows from financing activities Income attributable to endowment Expenditure attributable to endowment	7,370 ~25890)	7,369 ~23 423)
Net cash used In financing activities	~18520)	~16054)
Change In cash and cash equivalents In the reporting period Cash and cash equivalents at the beginning ofthe reporting period	31,272 ~684 519	76,376 ~608 143
Cash and cash equivalents at the end ofthe reporting period	715,791	684,519

RECONCILIATION OF ACTIVITIES	NET I	NCOME TO NET	CASH FLOW FROM O	PERATING
				2021 E	2020 I
Net Income for the reporting of Financial Activities)		period (as per	the Statement	97,468	104,769
Adjustments for:
Depreciation charges				27,624	25,157
(Gain)/losses on Investments interest received income attributable to endowment Expenditure attributable to endowment				(36,072) (1,468) (7,370) 25,890	12,246 (3,735) (7,369) 23,423
Decrease In debtors Decrease In creditors				1,594 ~4888)	7,144 ~7884
Net cash provided by	operations			~102778	~153751
ANALYSIS OF CHANGES IN		NET FUNDS
			At 1.1.21 f	Cash flow 6	At 31.12.21 6
Net cash
Cash at bank			~684 519	~31272	~715791
			~684 519	~31272	~715791
Total			~684 519	~31 272	~715791

useful liv	es. Depreciation Is c	es. Depreciation Is c	harged ag	ainst pro	perties	on a straigh	t line basis
Freehold	land- not depreciated
Components		are depreciated	using the	following	rates:
Windows	Ik	doors	20 years			Boilers	15years
Kitchens			20 years			Electrics	40 years
Bathrooms			30 years	Wiring,		plumbing	30 years
Roofs			70 years			Structure	100years
Equipment			5 years

			2021 6	2020f
Wages Other	and salaries pension costs		44,614 ~22I7	38,463 ~1924
			~46831	~40 387

The average monthly number of employees	during the year was as follows:
	2021	2020
Employees	3		2

					Unrestricted	Restricted	Endowment	Total
					funds E	fund E	fund E	funds f
	INCOME AND ENDOWMENTS		FROM
	Charitable activities				225,330		7 369	2327699
	investment Income							6 067
	Total				231,397		7,369	238,766
	EXPENDITURE ON
	Charitable activities
	Maintenance of social housing				98,328		237423	1217751
	Net gains/(losses) on investments					~7453
	NET INCOME/(EXPENDITURE)				133,069	(7,748)	(20,552)	104,769
	Transfers between funds						65 05
	Net movement in funds				68,013	(7,748)	44,504	104,769
	RECONCILIATION OF FUNDS
	Total funds brought forward				622,206	243,482	589,542	1,455,230
	0 0* ~	0		69	690 9»5 7		63 046	559 999
6.	TANGIBLE FIXEDASSETS
						Freehold	Plant and
						property f	machinery E	Totals E
	COST
	At 1January 2021					1,560,970	89668	175697638
	Additions
	At 31 December 2021						666	99
	DEPRECIATION At 1January 2021 Charge for year At 31 December 2021 NET BOOK VALUE At 31 December 2021					4667800 57202 472,002 27 623 9 69 5 7» 6
	At 31 December 2020					3 09		36
	The tangible Rxed assets	consist		of houses	and flats	which are used	for the furtherance of the
	objectives ofthe Registered	Social		Landlord	and are fundamental to Its		operation. Additions consist
	of improvements and refurbishments			ofthe	properties.

		Extraordinary Repair Fund	Extraordinary Repair Fund	Permanent Endowment
		NAACIF		NAACIF
		Accumulation		Income	2021
		Shares 6		Shares 6	Totalf
	Valuation at 1stJanuary 2021 Revaluation to Market Value	235,733 3		55,716	291,449 ~36072
	Valuation at 31 December 2021				~327 521
8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
				6	6
	Trade debtors Other debtors			2,993 ~2319	4,660 ~2246
				5,312	6,906
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN		ONE YEAR
				2021	2020
				6	6
	Trade creditors			194
	Taxatlon and social security			2,227
	Other creditors			~4733	~4672
				~7154	~4672

	2021f	2020f
INCOME AND ENDOWMENTS
Charitable activities
Donations Grants Maintenance contributions	7,369 2~10924	6,105 7,369 ~219 225
	218,293	232,699
Investment Income
Investment Income Deposit accountlnterest	2,199 ~1468	2/332 ~3735
	~3667	~6067
Total incoming resources	221,960	238,766
EXPENDITURE
Charitable activities
Wages Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Repairs and maintenance Alarm fees and line rental Garden expenses Rates	44,614 2,217 6,497 4,460 3,922 1,517 1,136 1,633 36,506 2,598 7,486 356	38,463 1,924 7,047 4,706 5,853 1,633 686 560 5,314 2,313 6,607 179
Freehold property depreciation Plant 6 machinery depreciation	25,890 ~1734	23,423 ~1734
	140,566	100,442
Support costs
Management
Examination and accounts fee Bank charges and interest	2,860 374	2,860 267
Clerk's fee and expenses Subscriptions	iS,954 715	17,202 834
Computer expenses	95	146
	~i9998	~21 309
Total resources expended	~160564	~121751
Net income before gains and losses	61,396	117,015
Realised recognised gains and losses
Carried forward	61,396	117,015