2022-03-31-accounts - The Henry Boys' Almshouses

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Board Report
Independent Auditor's	Report		2-4
Statement of Comprehensive Income
(Including Income 5	Expenditure	Account)
Balance Sheet
Statement of Changes	in Reserves
Notes to the Financial	Statements		8-11

for the ye	ar ende	d	31stMarch, 2022
				Note		2022	2021
Turnover:
						60,225	52,936
Operating	Costs:
Management Services Day to Day Void/Major Depreciation	Maintenance Repairs				(17,649) (2,858) (8,228) (1,740) ~8428		(18,174) (2,918) (9,061) (7,715) ~8309
						38 903	44 177
Operating	Surplus					21,322	8,759
Interest Receivable		and Other Income				755	883
Movement in Fair Value			ofInvestments			2 132	4 218
Surplus on	ordinary		activities before taxation			24,209	13,860
Tax on surplus
Surplus for	the financial year

Balance Sheet for the Year Ended	31st	March, 2022
			Note	2022		2021
FIXEDASSETS
Housing land and buildings		(net ofdepreciation)	8		589,724		596,089
Investments					26 725		24 593
					616,449		620,682
CURRENT ASSETS
Debtors			10	1,205		884
Cash at Bank				169 175		1'1545'I
				170,380		146,338
CURRENT LIABILITIES
Creditors: Amounts	falling due within
one year			11	~16178		17 122
NET CURRENT ASSETS					154 202		129216
TOTAL ASSETS LESS
CURRENT LIAB1LITIES					ZZG@Ll		74+877I
Creditors: Amounts	falling due		12
after one year
NET ASSETS
CAPITAL AND RESERVES
Unrestricted Reserve			13		569,812		545,603

At 1April
Total Comprehensive	Income
At 31March

3.	EMPLOYEE INFORMATION	EMPLOYEE INFORMATION
	The Charity employs no staff.
				2022	2021
4.	TURNOVER
	Maintenance Contribution			53,768	53,244
	Service Charge			4,198	4,820
	Voids Amortisation ofGovernment	Grants		(1,197) 3 456	(8,039) 2 911
				60,225	52,936
5.	INTEREST RECEIVABLE AND		OTHER INCOME	2022	2021
				E
	Bank Interest				64
	Investment Income			755	819
6.	SURPLUS ON ORDINARY	ACTIVITIES		2022	2021
	BEFORETAXATION
	This is stated after charging:
	Auditors Remuneration (including		VAT)
	in their capacity as Auditors

8. FIXEDASSETS				2022	2021
HOUSING LAND AND			BUILDINGS —Freehold
Cost
As at 1"April 2021				669,979	614,091
Additions				2 063	55 888
As at 31" March 2022					~69877
Depreciation
As at 1'" April 2021				73,890	67,581
Chargecf in year				8 428	6309
As at 31~ March 2022
Net Book Value
At beginning of year				595089	5%~
At end of year				589U9	5~9/39
Land with an estimated	cost		off65,174 is not depreciated.
9. INVESTMENTS				2022	2021
At Valuation:
Charity Commissioners		—COIF Shares			593
Cost
10.DEBTORS				2022f	2021f
Prepayments				466	462
Contribution Arrears				739	422
				~120
11.CREDITORS: Amounts within one year			falling due	2022f	2021f
Trade Creditors				7,164	7,249
Contribution Prepaid				2,069	2,679
Government Grants				3,456	3,456
Accruals				3489	3 738
					~122
12.CREDITORS: Amounts After one year			falling due	2022	2021f
Government Grants				2~0839	~0+95

. REVENUE RESERV	E
At 1"April 2021 Surplus for the year Transfer from Capital	Fund	Total 485,603 24,209	Totalf 471,743 13,860
At 31"March 2022
DESIGNATED RESERVES
		Capital	Capital
At 1"April 2021 Transfer to Revenue	Reserve	Fundf 60,000	Fundf 60,000
At 31"March 2022		~000	~QG