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2022-12-31-accounts

					Page
Report ofthe	Trustees			I	to	3
Independent	Examiner's Report
Statement of	Financial	Activities
Balance Sheet
Notes to the	Financial	Statements		7	to	I2
Detailed Statement of		Financial	Activities		13

					2022	2021
			General	Designated	Total	Total
			fund	fund	funds	funds
		Notes	F.		E
INCOME AND ENDOWMENTS	FROM
Donations and legacies						350
Charitable activities
Residents' contributions			86,474		86,474	80,967
Other trading activities			22,049		22,049	22,865
Investment income			449		449	86
Total			108,972		108,972	104,268
EXPENDITURE ON
Charitable activRies
General			111,818		111,818	85,122
Net gains/(losses) on investments			$14,297)		~14,297)	22,784
NET INCOME/(EXPENDITURE) Transfers between funds		12	(17,143) ~5,000)	5,000	(17,143)	41,930
Net movement in funds			(22,143)	5,000	(17,143)	41,930
RECONCILIATION OF FUNDS
Total funds brought forward			786,269	45,000	831,269	789,339
TOTAL FUNDS CARRIED FORWARD			764,126	50,000	814,126	831,269

					2022	2021
			General	Designated	Total	Total
			fund	fund	funds	funds
		Notes		E	E	E
FIXED ASSETS
Tangible assets		5	669,092		669,092	669,092
Investments		6	147,929		147,929	157,226
			817,021		817,021	826,318
CURRENT ASSETS
Debtors		7	3,466		3,466	3,155
Cash at bank			66,490	50,000	116,490	137,969
			69,956	50,000	119,956	141,124
CREDITORS
Amounts falling due within one year		8	(16,540)		(16,540)	(19,774)
NET CURRENT	ASSETS		53,416	50,000	103,416	121,350
TOTAL ASSETS LESS CURRENT LIABILITIES			870,437	50,000	920,437	947,668
CREDITORS
Amounts falling due after more than one
year		9	(106,311)		(106,311)	(116,399)
NET ASSETS			764,126	50,000	814,126	831,269
FUNDS
Unrestricted	funds				814,126	831,269
TOTAI. FUNDS					814,126	831,269

2.	OTHER TRADING ACTIVITIES
		2022	2021
	Garage rents	22,049	22,865
3.	INVESTMENT INCOME
		2022	2021
		E	E
	Dividends	85	82
	Interest received	364	4
		449	86

TA	NGIBLE FIX	ED ASSETS
				Fixtures
			Freehold	and
			properly	fittings	Totals
			E		E
COST
At	I January	2022	859,094	6,736	865,830
Social housing		grant	LI90,002)		) 190,002)
At	31 December 2022		669,092	6,736	675,828
DEPRECIATION
At	I January	2022 and
31	December	2022		6,736	6,736
NET BOOK VALUE
At	31 December 2022		669,092		669,092
At	31 December 2021		669,092		669,092

FIXED ASSET INVESTMENTS
	Listed
	investments
MARKET VALUE
At I January 2022	157,226
Additions	5,000
At 31 December 2022	162,226
PROVISIONS
Net loss on revaluation	14,297
NET BOOK VALUE
At 31 December 2022	147,929
At 31 December 2021	157,226

			Listed
			investments
Valuation	in	2021	91,130
Valuation	in	2022	(14,297)
Cost			71,096
			147,929

7.	DEBTORS:	AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
						2022	2021
	Trade debtors					1,257	1,151
	Prepayments					2,209	2,004
						3,466	3,155
B.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
						2022	2021
	Mortgage	loan (see	note		11)	11,851	11,851
	Trade creditors					3,107	6,519
	Accruals					1,582	1,404
						16,540	19,774
9.	CREDITORS: AMOUNTS			FALLING DUE AFTER MORE THAN ONE YEAR
						2022	2021
	Mortgage	loan (see	note		11)	106,311	116,399
10.	I.OANS
	An analysis ofthe maturity				of loans is given below:
						2022	2021
						E
	Amounts	falling due	within		one year on demand:
	Mortgage	loan				11,851	11,851
	Amounts	falling due	between two and five years:
	Mortgage	loan				106,311	116,399

MOVEMENT	IN	FUNDS
					Net	Transfers
					movement	between	At
				At 1.1.22	in funds	funds	31.12.22
				E		E	E
Unrestricted	funds
General fund				786,269	(17,143)	(5,000)	764,126
Designated	fund			45,000		5,000	50,000
				831,269	~17,143)		814,126
TOTAL FUNDS				831,269	J17,143)		814,126
Net movement		in funds, included		in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				E			E
Unrestricted	funds
General fund				108,972	(111,818)	(14,297)	(17,143)
TOTAL FUNDS				108,972	(111,818)	~14,297)	~17,143)
Comparatives		for movement	in funds
					Net	Transfers
					movement	between	AI
				At 1.1.21	in funds	funds	31.12.21
						E
Unrestricted	funds
General fund				749,339	41,930	(5,000)	786,269
Designated	fund			40,000		5,000	45,000
				789,339	41,930		831,269
TOTAL FUNDS				789,339	41,930		831,269

Comparative net movement in	funds, included in the abov	e are as follows:
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
Unrestricted funds
General fund	104,268	(85,122)	22,784	41,930
TOTAL FUNDS	104,268	~85,122)	22,784	41,930

A current	y	ear 12months and pri	or year 12months combine	d position is as	follows:
				Net	Transfers
				movement	between	At
			At 1.1.21	in funds	funds	31.12.22
				E	E
Unrestricted		funds
General	fund		749,339	24,787	) 10,000)	764,126
Designated		fund	40,000		10,000	50,000
			789,339	24,787		814,126
TOTAL FUNDS			789,339	24,787		814,126

above a	re	as follows;
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				E		E
Unrestricted		funds
General	fund		213,240	(196,940)	8,487	24,787
TOTAL FUNDS			213,240	) 196,940)	8,487	24,787

		2022	2021
INCOME AND	ENDOWMENTS
Donations and	legacies
Donations			350
Other trading	activities
Garage rents		22,049	22,865
Investment income
Dividends		85	82
Interest received		364	4
		449	86
Charitable activities
Residents' contributions		86,474	80,967
Total incoming	resources	108,972	104,268
EXPENDITURE
Charitable activities
Repairs		68,016	50,466
Christmas gifts		900	875
Water		5,147	5,266
Insurance		1,731	1,620
Electricity		858	605
Office expenses		314	168
Cleaning		2,012	970
Dues and subs		309	351
Sundnes		60	352
Warden's expenses		680	680
Community alarm service		7,578	7,278
Residents' outings		1,225
Mortgage interest		5,163	3,909
Clerk's expenses		8,550	8,510
Management	fees	2,635	2,668
		105,178	83,718
Support costs
Governance	costs
Accountancy		1,440	1,404
Professional fees		5,200
		6,640	1,404
Total resources	expended	111,818	85,122
Net (expenditure)/income		~2,846)	19,146