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|Mr S Chamberlain|(Chair ofGovernors)|(Chair ofGovernors)|Mr SButterworth||||
|---|---|---|---|---|---|---|
|Mrs FGalbraith|||Mrs CHarrison||||
|Mr JJeffries|||Mrs ECrowson (resigned||15June 2023)||
|Mr SKhan|||Mr JLewis||||
|Mrs H Massey|||Mr I A McKinlay||||
|Mrs KMorgan|||Mr H Patel (appointed|30|November|2022)|
|Miss EC Peckett|||Mrs PPlumpton||||
|Mr M Shevill|||Miss A JTetley||||
|Canon Jayson Rhodes (resigned||15June 2023)|Mr D Jenkins (resigned|13April 2022)|||





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||||||Notes|Unrestricted|Endowed|Restricted|Total funds|Total funds|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|2023|2022|
|Income from:|||||||||||
|Charitable<br>activities||||||93,550|||93,550|94,087|
|Investments||||||18,354|195|150|18,699|13,138|
|Other Income||||||3,370|||3,370|2,500|
|Total incoming|resources|||||115,274|195|150|115,619|109,725|
|Expenditure<br>on:|||||||||||
|Raising funds|||||3|6,823|||6,823|5,760|
|Charitable<br>activities|||||4|146,598|||146,598|131,115|
|||||||153,421|||153,421|136,875|
|Net (outgoing)|incoming||funds||from|(38,147)|195|150|(37,802)|(27,150)|
|operations<br>before investment||||gains|||||||
|Unrealised<br>(losses)/gains|||on||10|(38,094)|(285)|(416)|(38,795)|40,805|
|investments|||||||||||
|Realised (losses)/gains||on||||(4,730)|||(4,730)|3,912|
|disposals|||||||||||
|Net movement|in funds|||||(80,971)|(90)|(266)|(81,327)|17,567|
|Reconciliation|offunds:||||||||||
|Fund balances brought||forward|||||||||
|at 1 April 2022||||||2,231,935|53,644|6,112|2,291,691|2,274,124|
|Fund balances|carried|forward||||2,150,964|53,554|5,846|2,210,364|2,291,691|
|at 31March 2023|||||15,16,17||||||





|||Notes|2023|2022|
|---|---|---|---|---|
|FIXEDASSETS|||||
|Tangible assets||9|1,075,492|1,081,558|
|Investment<br>Properties||9|80,000|80,000|
|Investments||10|934,132|936,333|
|TOTAL FIXEDASSETS|||2,089,624|2,097,891|
|CURRENT ASSETS|||||
|Debtors||11|7,159|11,435|
|Cash at bank and in hand||12|235,101|234,618|
||||242,260|246,053|
|CREDITORS: Amounts|falling due within one year|13|(121,520)|(52,253)|
|NET CURRENT ASSETS|||120,740|193,800|
|TOTAL ASSETSLESS|CURRENT LIABILITIES||2,210,364|2,291,691|
|CAPITAL AND RESERVES|||||
|Restricted reserve||15|5,846|6,112|
|Endowed<br>funds||16|53,554|53,644|
|Designated<br>reserves||17|169,035|142,654|
|Revenue reserve||17|1,712,790|1,777,318|
|Revaluation<br>reserve||17|269,139|311,963|
||||2,210,364|2,291,691|





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|1|INCOME FROM CHARITABLE ACTIVITIES|2023|2022|
|---|---|---|---|
||Income from social housing<br>lettings|93,550|94,087|
|2|INVESTMENT INCOME|2023|2022|
||Gross investment<br>income|16,735|12,960|
||Bank interest receivable|1,964|178|
|||18,699|13,138|
|3|EXPENDITURE ON RAISING FUNDS|2023|2022|
||Investment<br>management<br>fees|6,823|5,760|





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|||Provision ofsocial housing|Provision ofsocial housing|Provision ofsocial housing|||Grants k|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||donations|2023|2022|
|||Manage|Services|Repairs|Ck|@ther||||
|||ment||maintenance||||||
|Estates costs||||||||||
|Repairs and maintenance||||35,870||||35,870|24,585|
|Service contracts and|||27,833|||||27,833|26,615|
|communal<br>facilities||||||||||
|Fuel charges|||8,757|||||8,757|11,288|
|Insurance|||3,956|||||3,956|2,332|
|Depreciation|||34,096|||||34,096|34,148|
|Water charges|||3,873|||||3,873|5,550|
|Property charges|||590|||||590|456|
|Audit and accountancy||3,660||||||3,660|3,912|
|Administrative|expenses|21,043||||||21,043|9,029|
|Subscriptions||2,465||||||2,465|2,956|
|Legal and professional|||||||||7,331|
|Bank interest and charges||303||||||303|66|
|Christmas<br>gifts|||||||1,050|1,050|930|
|Bad Debts||901||||||901||
|Other||||||2,201||2,201|1,917|
|||28,372|79,105|35,870||2,201|1,050|146,598|131,115|





|||Provision ofsocial housing|Provision ofsocial housing|Provision ofsocial housing|||Grants k|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||donations|2022|2021|
|||Manage||Repairs|Ck|@ther||||
|||ment|Services|maintenance||||||
|Estates costs||||||||||
|Repairs and maintenance||||24,585||||24,585|26,629|
|Service contracts and|||26,615|||||26,615|20,937|
|communal<br>facilities||||||||||
|Fuel charges|||11,288|||||11,288|8,625|
|Insurance|||2,332|||||2,332|2,220|
|Depreciation|||34,148|||||34,148|33,478|
|Water charges|||5,550|||||5,550|2, 171|
|Property charges|||456|||||456|414|
|Audit and accountancy||3,912||||||3,912|3,822|
|Administrative|expenses|9,029||||||9,029|4,840|
|Sub scriptions||2,956||||||2,956|3,162|
|Legal and professional||||||7,331||7,331|1,020|
|Bank interest and charges||||||66||66|137|
|Christmas<br>gifts|||||||930|930|825|
|Bad Debts|||||||||831|
|Other||||||1,917||1,917|1,083|
|||15,897|80,389|24,585||9,314|930|131,115|110,194|





||Governance<br>costs included|Governance<br>costs included|in other operating|expenses:-|2023|2022|
|---|---|---|---|---|---|---|
||Audit and Accountancy||||3,660|3,912|
||||||3,660|3,912|
|5|NET INCOME FOR THE YEAR||||2023|2022|
||The surplus<br>for the year|is stated after charging:|||||
||Depreciation<br>on tangible|fixed|assets||34,096|34,148|
||Auditors'<br>remuneration||||3,660|4,320|



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|9|FIXEDASSETS —FREEHOLD HOUSING PROPERTIES||
|---|---|---|
||Cost||
||At 31March 2022|1,405,977|
||Additions|28,030|
||At 31March 2023|1,434,007|
||Accumulated<br>depreciation||
||At 31March 2022|324,419|
||Charge for the year|34,096|
||At 31March 2023|358,515|
||Net book values||
||At 31March 2023|1,075,492|
||At 31March 2022|1,081,558|



## 

|EXPEND|ITU|RE ON WORKS TO EXISTING P|ROPERTIES|||
|---|---|---|---|---|---|
|||||2023|2022|
|Components||capitalised||28,030|14,019|
|Amounts|charged to the income and expenditure||account|35,870|24,585|
|||||63,900|38,604|





|INVESTMENT PROPERTIES||
|---|---|
|Valuation||
|At 31March 2022 and 31March 2023|80,000|
|Net book value||
|At 31March 2022 and 31March 2023|80,000|



## 

|||Unrestricted|Restricted|Endowed|Total|
|---|---|---|---|---|---|
|Listed investments|at market value|||||
|At 1 April 2022||877,713|4,976|53,644|936,333|
|Additions||92,012|||92,012|
|Disposals||(55,418)|||(55,418)|
|(Decrease)/increase|in market value in|(38,094)|(285)|(416)|(38,795)|
|year||||||
|At 31March 2023||876,213|4,691|53,228|934,132|



|Analysis of|Investments|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowed|Total|
|Government|stock|92,015|||92,015|
|Charity deposits||241,556|4,691|53,228|299,475|
|Listed investments||542,642|||542,642|
|||876,213|4,691|53,228|934,132|





|The following<br>individual|The following<br>individual|investments|constitute 5%or more ofthe market value ofthe overall|
|---|---|---|---|
|investment<br>portfolio:||||
|COIF income units|||161,171|
|COIF accumulation|units||75,026|
|UK Gilts|||56,181|
|Artemis Funds|||47,550|
|Vanguard<br>Funds|||59,389|
||||399,317|



|11|DEBTORS||2023|2022|
|---|---|---|---|---|
||Due within one year:||||
||Trade debtors||290|2,515|
||Prepayments<br>and accrued|income|6,869|8,920|
||||7,159|11,435|
|12|CASH AT BANK AND IN HAND||2023|2022|
||Capital account —deposit||73,249|117,439|
||Income account —current||161,852|117,179|
||||235,101|234,618|
|13|CREDITORS: Amounts|falling due within one year|2023|2022|
||Trade creditors||13,307||
||Accruals and deferred income||29,544|23,702|
||Amounts<br>owed to parent|undertaking|78,669|28,551|
||||121,520|52,253|





## 

|15|RESTRICTED FUNDS Mrs Porter's Fund|2023|2022|
|---|---|---|---|
||Balance at 31March 2022|6,112|6,345|
||Incoming Resources|150|144|
||Resources expended|||
||Investment<br>(loss)|(416)|(377)|
||Balance at 31March 2023|5,846|6,112|
|16|ENDOWED FUNDS Dr Caleb Crowther|2023|2022|
||Balance at 31March 2022|53,644|48,038|
||Incoming resources|195||
||Resources expended|||
||Investment<br>(loss)/gain|(285)|5,606|
||Balance at 31March 2023|53,554|53,644|



||Balance 31|Incoming|Resources|Investment|Transfers|Balance 31|
|---|---|---|---|---|---|---|
||March 2022|resources|expended|losses||March 2023|
|Designated<br>Funds|||||||
|Extra-ordinary<br>repairs|73,163|666|(1,760)||13,911|85,980|
|Cyclical maintenance|55,330|546|(7,042)||18,060|66,894|
|Relief in need reserve|14,161||||2,000|16,161|
|Designated<br>Funds|142,654|1,212|(8,802)||33,971|169,035|
|General fund|1,777,318|114,062|(144,619)||(33,971)|1,712,790|
|Revaluation<br>reserve|311,963|||(42,824)|—|269,139|
||2,231,935|115,274|(153,421)|(42,824)|—|2,150,964|





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||||Balance 31|Incoming|Resources|Investment|Transfers|Balance 31|
|---|---|---|---|---|---|---|---|---|
||||March|resources|expended|gains||March 2022|
||||2021||||||
|Designated|Funds||||||||
|Extra-ordinary||repairs|68,871|16||2,295|1,981|73,163|
|Cyclical maintenance|||55,476|13|(8,159)||8,000|55,330|
|Relief in need||reserve|13,452||(1,291)||2,000|14,161|
|Designated|Funds||137,799|29|(9,450)|2,295|11,981|142,654|
|General fund|||1,807,172|109,552|(127,425)||(11,981)|1,777,318|
|Revaluation|reserve||274,770|||37,193||311,963|
||||2,219,741|109,581|(136,875)|39,488||2,231,935|





## 

||Revenue|Revaluation|Designated|Endowed|Restricted|Total|
|---|---|---|---|---|---|---|
||reserve|reserve|funds|funds|reserve||
|Tangible assets|1,155,492|||||1,155,492|
|Investments|585,080|269,139|21,799|53,554|4,560|934,132|
|Cash at bank and|86,579||147,236||1,286|235,101|
|in hand|||||||
|Other net current|(114,361)|||||(114,361)|
|liabilities|||||||
|Balance at 31|1,712,790|269,139|169,035|53,554|5,846|2,210,364|
|March 2023|||||||



## 

||Revenue|Revaluation|Designated|Endowed|Restricted|Total|
|---|---|---|---|---|---|---|
||reserve|reserve|funds|funds|reserve||
|Tangible assets|1,161,558|||||1,161,558|
|Investments|543,790|311,963|21,960|53,644|4,976|936,333|
|Cash at bank and|112,788||120,694||1,136|234,618|
|in hand|||||||
|Other net current|(40,818)|||||(40,818)|
|liabilities|||||||
|Balance at 31|1,777,318|311,963|142,654|53,644|6,112|2,291,691|
|March 2022|||||||



## 



|Year ended 31|March 2|022|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Endowed|Restricted|Total funds|
||||funds|funds|funds|2022|
|Income from:|||||||
|Charitable<br>activities|||94,087|||94,087|
|Investments|||12,994||144|13,138|
|Other Income|||2,500|||2,500|
|Total incoming|resources||109,581||144|109,725|
|Expenditure<br>on:|||||||
|Raising funds|||5,760|||5,760|
|Charitable<br>activities|||131,115|||131,115|
||||136,875|||136,875|
|Net incoming<br>funds from|||(27,294)||144|(27,150)|
|operations<br>before investment|||||||
|gains|||||||
|Net gains on investments|||39,488|5,606|(377)|44,717|
|Net movement|in funds||12,194|5,606|(233)|17,567|
|Reconciliation|offunds:||||||
|Fund Balances|brought|forward at|2,219,741|48,038|6,345|2,274,124|
|1 April 2021|||||||
|Fund balances|carried|forward|2,231,935|53,644|6,112|2,291,691|
|at 31March 2022|||||||