||||||||Page||
|---|---|---|---|---|---|---|---|---|
|Reference|and Administrative<br>||||Details||I||
|Report<br>of|the|Trustees||||2|<br>to|4|
|Independent||Examiner's||Report|||5||
|Statement|of|Financial||Activities|||6||
|Balance<br>Sheet|||||||7||
|Cash Flow|Statement||||||8||
|Notes<br>to|the|Cash Flow||Statement|||9||
|Notes<br>to|the|Financial||Statements||10|<br>to|20|
|Detailed<br>|Statement<br>||of|Financial|Activities|21|to|22|





|TRUSTEES|||Adrian Mark|Horsley|
|---|---|---|---|---|
||||Mrs Patricia Anne Booth||
||||Kevin  Simon|Webster|
||||James Needler||
||||Nicholas Luffingham||
||||Mr  Anthony<br>|Nicholson|
||||Neil  Riseham||
||||Mrs Karen  Woods||
|PRINCIPAL<br>|ADDRESS||Anlaby Road||
||||Hull||
||||East Yorkshire||
||||HU4 6XA||
|REGISTERED|CHARITY<br>|NUMBER|221523||
|INDEPENDENT|EXAMINER||Sowerby||
||||Chartered<br>Accountants||
||||Beckside Court||
||||Annie Reed|Road|
||||Beverley||
||||East Yorkshire||
||||HU17 0LF||
|BANKERS|||HSEIC||
||||3-4 Jameson<br>Street||
||||Hull||
||||HU I 3JX||
|INVESTMENT|MANAGERS||JM FINN||
||||4 Coleman Street||
||||London||
||||EC2R5TA||





## 

## 

## 

|||2022||2021|
|---|---|---|---|---|
|Number|of residents at year  end||141|136|
|Changes|in residents during the  year  due to:||||
|New residents|||17|23|
|Resignations|||||
|Deaths|||||
||||12|12|
|Average|age of residents||77|76|





## 

## 

## 

## 

## 

## 

## 

## 

## 



## 



## 

## 



## 

||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|I|I|||
|INCOME<br>AND<br>|ENDOWMENTS||FROM||||||
|Donations<br>and legacies||||3||||7,691|
|Charitable<br>activities||||5|||||
|Charges to residents|||||528,245||528,245|470,742|
|Governance<br>costs|||||744||744|762|
|Income from laundry|||||3,174||3,174|2, 193|
|Electric sales|||||101,893||101 ,893|78,551|
|Investment<br>income||||4|IS,274||15,274|9,439|
|Total|||||649,330||649,330|569,378|
|EXPENDITURE||ON|||||||
|Raising<br>funds|||||||||
|Other trading activities||||6|420,582||420,582|446,  119|
||||||420,582||420,582|446,  119|
|Charitable<br>activities||||7|||||
|Governance<br>costs|||||252,554||252,554|225,677|
|Total|||||673,  136||673,  136|67 I,79(>|
|Net gains/(losses)|on investments||||(71 ,609)||(71,609)|42,564|
|NET INCOME/(EXPENDITURE)|||||(95,415)||(95,415)|(59,854)|
|RECONCILIATION||OF FUNDS|||||||
|Total funds  brought||forward|||1,593,928|80,023|1,673,951|1,733,805|
|TOTAL<br>FUNDS||CARRIED<br>|FORWARD||1,498,513|80,023|1,578,536|1,673,951|



## 



## 

||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||I||
|FIXED<br>|ASSETS||||||||
|Tangible|assets|||13|379 026|76,205|455,231|549,446|
|Investments||||14|592,355||592,355|658,570|
||||||971 ,381|76,205|I ,047,586|I ,208,016|
|CURRENT<br>||ASSETS|||||||
|Debtors||||IS|5,443||S,443|3,628|
|Cash at|bank|and in|hand||575,781|3,818|579,599|520,533|
||||||581,224|3,818|585,042|524,  161|
|CREDITORS|||||||||
|Amounts|falling due||within one  year|16|(54,092)||(54,092)|(58,226)|
|NET CURRENT<br>ASSETS|||||527,132|3,818|530,950|465,935|
|TOT<br>AL|ASSETS<br>||LESS CURRENT||||||
|LIABILITIES|||||1,498,513|80,023|1,578,536|1,673,951|
|NET<br>ASSETS|||||I ,498,513|80,023|I ,578,536|I ,673,951|
|FUNDS||||17|||||
|Unrestricted<br>||funds|||||I ,498,513|I ,593,928|
|Restricted|funds||||||80,023|80,023|
|TOT<br>AL|FUNDS||||||1,578,536|I ,673,951|





## 

||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from|operating<br>|activities|||||
|Cash generated from operations|||||49,186|49,812|
|Net cash provided|by operating|activities|||49, 186|49,812|
|Cash flows from|investing<br>|activities|||||
|Purchase of  fixed|asset  investments||||(257,569)|(309,366)|
|Sale of  fixed  asset|investments||||252,175|5,867|
|Interest received|||||201|73|
|Dividends received|||||15,073|9,366|
|Net cash provided|by/(used in) investing||activities||9,880|(294,060)|
|Change<br>in cash|and cash equivalents||in the||||
|reporting<br>period|||||59,066|(244,248)|
|Cash and cash equivalents<br>||at  the beginning|||||
|of the reporting|period||||520,533|7(i4,78 I|
|Cash and cash equivalents<br>||at  the end of|||||
|the reporting<br>period|||||579,599|520,533|





|RECONCILIATION|OF  NET EXPENDITURE|OF  NET EXPENDITURE|OF  NET EXPENDITURE|TO NET CASH|FLOW|FLOW|FROM|OPERATING|ACTIVITIES|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||{|{|
|Net expenditure<br>|for the  reporting<br>||period (as|per the  Statement|of|||||
|FinancialActivities)||||||||(95-415)|(59-854)|
|Adjustments<br>for:||||||||||
|Depreciationcharges||||||||94,215|92,322|
|Losses/(gain)oninvestments||||||||71,609|(42,564)|
|Interestreceived||||||||(20')|(73)|
|Dividendsreceived||||||||(15,073)|(9,366)|
|(Increase)/decrease<br>|in debtors|||||||(1,81 S)|51,982|
|(Decrease)/increaseincreditors||||||||(4,134)|17,365|
|Net cash  provided|by operations|||||||49, 186|49,812|
|ANALYSIS<br>OF  CHANGES||IN NET|FUNDS|||||||
||||||At|1/10/21||Cash flow|At  30/9/22|
|Net cash||||||||||
|Cash at bank and in|hand|||||520,533||59,066|579,599|
|||||||520,533||59,066|579,599|
|Total||||||520,533||59,066|579,599|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

|DONATIONS<br>AND<br>LEGACIES|||
|---|---|---|
||2022|202|
|Grants||7 69|
|Grants received, included in the  above,  are as follows:|||
||2022|202|
|Coronavirus Job Retention scheme||7 69|
|INVESTMENT<br>INCOME|||
||2022|2021|
|||I|
|UK  listed  investments|8, 199|5,814|
|Overseas listed  investments|6,874|3,552|
|Deposit account interest|201|73|
||IS,274|9,439|





## 

||||||Charges||Income|
|---|---|---|---|---|---|---|---|
||||||tO|Governance|from|
||||||residents|costs|laundry|
||||||l|||
|Charges|to residents||||528,245|||
|Income|from||laundry||||3,174|
|Hall rental||||||744||
|Electric|charges to residents|||||||
|RHI||||||||
||||||528,245|744|3,174|
|||||||2022|2021|
||||||Electric|Total|Total|
||||||sales|activities|activities|
|Charges|to residents|||||528,245|470,742|
|Income|from||laundry|||3,174|2,193|
|Hall rental||||||744|762|
|Electric|charges to residents||||85,210|85,210|63,742|
|RHI|||||16,683|16,683|14,809|
||||||101 ,893|634,056|552,248|
|OTHER||TRADING||ACTMTIES||||
|||||||2022|202|
|Heating|costs|||||2,242|3 459|
|Staff  costs||||||34,515|24 655|
|Rates and||water||||4 46|9,537|
|Insurance||||||5 774|4 442|
|Background|||heating|||8,803|22,734|
|Ggrden|maintenance||||||2,499|
|Water<br>|charges|||||28,406|27,277|
|Cleaning||||||4 497|4 687|
|Routine|maintenance|||||44 137|38,616|
|Property||repairs||||56,572|88,21 3|
|||||||420,582|446,  119|





## 

|CHARITABLE|ACTIVITIES<br>COSTS||
|---|---|---|
|||Support|
|||COStS  (See|
|||note<br> 8)|
|Governance|costs|252,554|
|SUPPORT|COSTS||
|||Governance|
|||costs|
|||I|
|Governance|costs|252,554|



## 

## 

## 

|STAFFCOSTS||||
|---|---|---|---|
|||2022|202|
|Wages and salaries||35,243|2,240|
|Social security costs||7,855|5,370|
|Other pension costs||7917|7 627|
|||151 ,015|125,237|
|The  average monthly number of  employees|during the  year was as follows:|||
|||2022|2021|
|Administration||2|2|
|Cleaning||2|2|
|Caretaker||I|I|
|Garden maintenance||I|I|
||||6|





## 

|The  number of employees to whom retirement|The  number of employees to whom retirement|The  number of employees to whom retirement|The  number of employees to whom retirement|benefits||||
|---|---|---|---|---|---|---|---|
|were accruing under|defined contribution||schemes|||||
|COMPARATIVES|FOR THE|STATEMENT||OF  FINANCIAL|ACTMTIES|||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
|||||||I|I|
|INCOME<br>AND<br>ENDOWMENTS|||FROM|||||
|Donations<br>and legacies|||||7,691||7,691|
|Charitable<br>activities||||||||
|Charges to residents|||||470,742||470,742|
|Governance<br>costs|||||762||762|
|Income from laundry|||||2, 193||2, 193|
|Electric sales|||||78,551||78,551|
|Investment<br>income|||||9,439||9,439|
|Total|||||569,378||569,378|
|EXPENDITURE<br>|ON|||||||
|Raising<br>funds||||||||
|Other<br>trading activities|||||446,  119||446,  119|
||||||446,  119||446,  119|
|Charitable<br>activities||||||||
|Governance<br>costs|||||225,677||225,677|
|Total|||||671 ,796||671 ,796|
|Net gains on investments|||||42,564||42,564|
|NET INCOME/(EXPENDITURE)|||||(59,854)||(59,854)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds  brought|forward||||I ,653,782|80,023|I ,733,805|
|TOTAL<br>FUNDS<br>|CARRIED<br>|FORWARD|||I ,593,928|80,023|I ,673,951|





## 

## 

||||||||Improvements||
|---|---|---|---|---|---|---|---|---|
|||||||**Freehold**|to||
|||||||**property**|property|**Totals**|
|||||||||L|
||COST||||||||
||At I October<br>2021 and 30 September||||2022|76,205|942,  147|1,018,352|
||DEPRECIATION||||||||
||At I October<br>2021||||||468,906|468,906|
||Charge for  year||||||94,21 S|94,21S|
||At  30 September<br>|2022|||||563,121|563,  121|
||NETBOOKVALUE||||||||
||At  30 September<br>|2022||||76,205|379,020|455,231|
||At  30 September<br>|2021||||76,205|473,241|549,446|
|14.|FIXED<br>ASSET<br>|INVESTMENTS|||||||
|||||||||Listed|
|||||||||investments|
||MARKET<br>V ALUE||||||||
||At I October<br>2021|||||||658,570|
||Additions|||||||257,569|
||Disposals|||||||(252,  175)|
||Revaluations|||||||(71 ,609)|
||At  30 September<br>|2022||||||592,355|
||NETBOOKVALUE||||||||
||At  30 September<br>|2022||||||592,355|
||At  30 September<br>||2021|||||658,570|
||Analysis<br>of investment|||assets|||2022|2021|
||Assets in the  UK||||||265,733|422,804|
||Assets outside the||UK||||326,622|235,766|
||||||||592,355|658,570|





## 

|||||||||||Listed|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||rnvestments|
|Valuation|in|2022||||||||592,355|
|DEBTORS:|||AMOUNTS<br>||FALLING<br>|DUE WITHIN|ONE YEAR||||
||||||||||2022|202|
|Other debtors|||||||||5 443|2,484|
|VAT|||||||||||
||||||||||5,443|3,628|
|CREDITORS:|||AMOUNTS||FALLING|DUE WITHIN|ONE YEAR||||
||||||||||2022|2021|
|Taxation|and||social  security||||||I ,202||
|Other creditors|||||||||52,890|58,226|
||||||||||54,092|58,226|
|MOVEMENT|||IN  FUNDS||||||||
|||||||||Net|Transfers||
|||||||||movement|between||
||||||||1/10/21|in funds|funds|30/9/22|
|Unrestricted|||funds||||||||
|Restricted|investment|||fund|||293,060|20,385|(52,667)|260,778|
|Free investment|||fund||||I ,293,383|40,772|(105,333)|I ,228,822|
|Cyclical maintenance<br>||||fund|||6, 132|(62,487)|63,000|6,645|
|Extraordinary|||repair|fund|||963|(94,085)|95,000|I ,878|
|Property<br>|maintenance|||fund|||390|||390|
||||||||I ,593,928|(95,415)||I ,498,S13|
|Restricted||funds|||||||||
|Property<br>|endowment|||fund|||50,023|||50,023|
|Mortgage|redemption|||fund|||30,000|||30,000|
||||||||80,023|||80,023|
|TOT<br>AL|FUNDS||||||1,673,951|(95,41  S)||I ,578,536|





## 

## 

|||||Incoming|Resources|Gains  and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|Unrestricted||funds||||||
|Restricted<br>|investment||fund|216,444|(172,189)|(23,870)|20,385|
|Free investment||fund||432,886|(344,375)|(47,739)|40,772|
|Cyclical maintenance<br>|||fund||(62,487)||(62,487)|
|Extraordinary<br>||repair|fund||(94,085)||(94,085)|
|||||649,330|(673,  136)|(71 ,609)|(95,4 IS)|
|TOTAL<br>|FUNDS|||649,330|(673,  136)|(71 ,609)|(95,415)|



## 

|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between||
||||1/10/20|in funds|funds|30/9/2I|
||||||I||
|Unrestricted<br>funds|||||||
|Restricted|investment|fund|308,941|42,786|(58,667)|293,060|
|Free investment<br>fund|||1,325,143|85,573|(117,333)|I ,293,383|
|Cyclical|maintenance<br>|fund|20,783|(74,651)|60,000|6, 132|
|Extraordinary<br>repair||fund|(1,475)|(113,562)|116,000|963|
|Property|maintenance|fund|390|||390|
||||I ,653,782|(59,854)||I ,593,928|
|Restricted|funds||||||
|Property|endowment|fund|50,023|||50,023|
|Mortgage|redemption|fund|30,000|||30,000|
||||80,023|||80,023|
|TOT<br>AL|FUNDS||I ,733,805|(59,854)||I ,673,951|





## 

## 

||||Incoming|Resources|Gains  and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||{|{|||
|Unrestricted|funds||||||
|Restricted<br>|investment|fund|189,794|(161,  196)|14, 188|42,786|
|Freeinvestmentfund|||379,584|(322,387)|28,376|85,573|
|Cyclicalmaintenancefund||||(74,651)||(74,651)|
|Extraordinary|repair|fund||(113,562)||(113,562)|
||||569,378|(671,796)|42,564|(59,854)|
|TOT<br>AL FUNDS|||569,378|(671,796)|42,564|(59,854)|



||||||Net|Transfers|||
|---|---|---|---|---|---|---|---|---|
|||||At|movement|between|||
|||||l/I  O/20|in funds|funds||30/9/22|
|||||I|{||||
|Unrestricted||funds|||||||
|Restricted||investment|fund|308,941|63, 171|(111,334)||260,778|
|Free investmentfund||||1,325,143|126,345|(222,666)|I ,228,822||
|Cyclical|maintenance<br>||fund|20,783|(137,  138)|123,000||6,645|
|Extraordinaryrepairfund||||(1,475)|(207,647)|21I  ,000||I ,878|
|Propertymaintenancefund||||390||||390|
|||||I ,653,782|(155,269)||I ,498,513||
|Restricted||funds|||||||
|Property|endowment||fund|50,023||||50,023|
|Mortgage||redemption|fund|30,000||||30,000|
|||||80,023||||80,023|
|TOT<br>AL||FUNDS||1,733,805|(155,269)||I ,578,536||





## 

|||||Incoming|Resources|Gains  and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|||||I||l||
|Unrestricted||funds||||||
|Restricted<br>|investment||fund|406,238|(333,385)|(9,682)|63, 171|
|Free investment||fund||812,470|(666,762)|(19,363)|I 26,345|
|Cyclical maintenance<br>|||fund||(137,138)||(137,138)|
|Extraordinary||repair|fund||(207,647)||(207,647)|
|||||I ,218,708|(I ,344,932)|(29,045)|(155,269)|
|TOT<br>AL FUNDS||||I ,218,708|(I ,344,932)|(29,045)|(155,269)|



## 



## 

|||2022|2021|
|---|---|---|---|
|||I||
|INCOME<br>AND|ENDOWMENTS|||
|Donations<br>and|legacies|||
|Grants|||7,691|
|Investment<br>income||||
|UK listed  investments||8, 199|5,814|
|Overseas listed|investments|6,874|3,552|
|Deposit account|interest|201|73|
|||15,274|9,439|
|Charitable<br>activities||||
|Charges to residents||528,245|470,742|
|Income from laundry||3,174|2, 193|
|Hall rental||744|762|
|Electric charges|to residents|85,210|63,742|
|RHI||16,683|14,809|
|||634,056|552,248|
|Total<br>incoming|resources|649,330|569,378|
|EXPENDITURE||||
|Other<br>trading<br>|activities|||
|Heating costs||12,242|13,459|
|Wages||31 ,243|22,445|
|Social security||I ,469|1,074|
|Pensions||I ,803|I , 136|
|Rates and water||4,461|9,537|
|Insurance||I S,774|14,442|
|Background<br>heating||118,803|122,734|
|Garden maintenance||1,175|2,499|
|Water<br>charges||28,406|27,277|
|Cleaning||4,497|4,687|
|Routine maintenance||44, 137|38,616|
|Property<br>repairs||156,572|1K213|
|||420,582|446,  119|
|Support<br>costs||||





## 

|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|Support<br>costs||||||||||
|Governance<br>|costs|||||||||
|Salaries||||||||104,000|89,795|
|Social security||||||||6,386|4,296|
|Pensions||||||||6, 114|6,491|
|Brokers<br>fees||||||||9,679|5,867|
|Bank charges and||interest||||||I ,028|207|
|Legal  and professional|||fees|||||4, 180|4,95 I|
|General<br>administration,||||stationery||telephones|etc.|10,932|9,873|
|Accountancy||||||||16,020|II  ,875|
|Depreciation||||||||94,215|92,322|
|||||||||252,554|225,677|
|Total resources<br>|expended|||||||673,136|671 ,796|
|Net<br>expenditure||before|||gains|and losses||(23,806)|(102,418)|
|Realised<br>recognised|||gains||and|losses||||
|Unrealised<br>gains|on|investments||||||(79,229)|39, 189|
|Realised gains/(losses)|||on|programme||related||||
|investments||||||||7,620|3,375|
|Net<br>expenditure||||||||(95,415)|(59,854)|