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|INDEX||PA6 E|
|---|---|---|
|TRUSTEES REPORT||1-5|
|INDEPENDENT
EXAMINER'S|REPORT||
|STATEMENT OF COMPREHENSIVE
INCOME|||
|STATEMENT OF CHANGES|IN RESERVES||
|STATEMENT OF FINANCIAL|POSITION||
|STATEMENT OF CASH FLOWS AND NOTES TO STATEMENT OF CASH FLOWS||10|
|NOTES TO THE FINANCIAL|STATEMENTS|11-20|
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||||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||Note|2022|2022|2022|2022|2021|
||||F|Z|E|E|6|
|Turnover|||85,852|||85,852|82,788|
|Operating
costs|||76,100|32,707||108,807|73,091|
|Operating
surplus/(deficit)|||9,752|(32,707)||(22,955)|9,697|
|Interest receivable and
similar||5|120|1,991||2,111|1,864|
|Income||||||||
|Interest payable
and similar
expenses||5|(233)|||(233)|(288)|
|Surplus/(deficit)
for the year
on ordinary
activities|||9,639|(30,716)||(21,077)|11,273|
|Movement
in fair value of
financial
instruments||8|(1,910)||(536)|(2,446)|4,233|
|Total comprehensive||||||||
|income
/ (expenditure)|for|||||||
|the year||||||||
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|||Income and
Expenditure|Designated
Routine
Maintenance|Designated
Cyclical
Maintenance|Restricted/
Designated
Extraordinary
Repair|Total
2022|
|---|---|---|---|---|---|---|
||||||F||
|As at 1 January 2022||356,915|26,426|(18,702)|100,832|465,471|
|Transfer||(4,000)|||4,000||
|Total comprehensive|||||||
|income/(expenditure)|for|7,729|(13,730)|(16,986)|(536)|(23,523)|
|the period|||||||
|As at 31 December 2022||~|3ZJ)S(I|~|1Q4295||
|||Expenditure|Designated
**M** . 1
Routine
aintenance|Designated
Cyclical
Maintenance|Designated
Extraordinary
Repair|Total
2021|
|---|---|---|---|---|---|---|
|||6|6|6|6||
|As at 1 January 2021||329,508|26,426|(5,211)|99,242|449,965|
|Transfer|||||||
|Total comprehensive|||||||
|income/(expenditure)|for|27,407||(13,491)|1,590|15,506|
|the period|||||||
|As at 31 December 2021||3~|25326|~18702|~100
32|466471|
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||||Note|2022|2021|
|---|---|---|---|---|---|
|||||E|E|
|Fixed assets||||||
|Tangible
fixed assets||||287,969|290,893|
|Investments||||47413|49 178|
|||||335,382|340,071|
|Current assets||||||
|Debtors and prepayments||||3,802|5,907|
|Cash at bank and|in hand|||112734|141 040|
|||||116,536|146,947|
|Creditors; Amounts|falling due within one year||10|(4 406)|~15568|
|Net current assets||||112,130|131,379|
|Creditors: amounts|falling due after one year||12|5564|(5,979)|
|Total net assets||||441914|4 5471|
|Reserves||||||
|Income and expenditure||reserve||360,644|356,915|
|Designated
funds||||(22,992)|108,556|
|Restricted funds||||104,296||
|Endowment
funds||||||
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|||||Note|2022|2021|
|---|---|---|---|---|---|---|
|||||||F|
|Net cash generated
from operating||activities|||(30,202)|12,769|
|Cash flow from investing
activities|||||||
|Payments
to acquire tangible fixed||assets|||||
|Interest receivable|||||2 111|1 864|
|Net cash flow from investing
activities|||||(28,091)|14,633|
|Cash flow from financing
activities|||||||
|Repayment
of long term loans|||||(233)|(288)|
|Rent received from investment|properties||||18|18|
|Net change
in cash and cash equivalents|||||(28,306)|14,363|
|Cash and cash equivalents
at 31|December 2021||||141040|126677|
|Cash and cash equivalents
at 31|December 2022||||~1127 4|~141 4|
|Notes to the statement
ofcash|flows||||||
||||||2022|2021|
||||||6|6|
|1.Net cash generated
from operating|||activities||||
|(Deficit)/surplus
for the year|||||(23,523)|15,506|
|Rent received from investment|properties||||(18)|(18)|
|Interest payable|||||233|288|
|Interest received|||||(2,111)|(1,864)|
|Depreciation|||||2,924|2,674|
|Accumulation
investment
additions|||||(681)|(543)|
|Losses/(gains)
on investments|||||2,446|(4,232)|
|Decrease/(increase)
in debtors|||||2,105|(495)|
|(Decrease)/increase
in creditors|||||(11,577)|1,453|
|Net cash flow from operating
activities|||||(3(4222|127|
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|maintenance
costs, or resul|ting
in a significant
extension
ofthe|ting
in a significant
extension
ofthe|useful economic
life ofthe property.|useful economic
life ofthe property.|
|---|---|---|---|---|
|Depreciation
is recognised|so as to write offthe cost or valuation||ofassets less their residual values over their||
|useful
lives on the following|bases:||||
|Housing
properties
(completed schemes)||50 years|Straight|line|
|Housing Association
grants||50 years|Straight|line|
|Fixtures and fittings||5-8years|Straight|line|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||5|8|
|Social housing|lettings||||85,852|82,788|
|Total turnover|from social housing||expenditure||85,852|82,788|
|Social housing|activity|expenditure|||~108807|~73091|
|Operating
(loss)/surplus||from social housing||activities|||
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|OPERATING COST|S|||||
|---|---|---|---|---|---|
||||Unrestricted|Designated|Total|
||||2022
8|2022
5|2022f|
|Light, heat and power|||2,895||2,895|
|Maintenance|||44,048|32,707|76,755|
|Call system|||1,437||1,437|
|Telecommunications|||1,429||1,429|
|Insurances|||3,008||3,008|
|Estate management|costs||13,741||13,741|
|Water &sewerage|||949||949|
|Subscriptions|||||546|
|Professional fees|||2,903||2,903|
|Accountancy
fees|||2,220||2,220|
|Depreciation|||2,924||2,924|
|Housing
expenditure||||||
||||Unrestricted|Designated|Total|
||||2021
6|2021f|2021
8|
|Light, heat and power|||3,250||3,250|
|Maintenance|||29,971|13,491|43,462|
|Call system|||1,147||1,147|
|Telecommunications|||1,464||1,464|
|Insurances|||2,532||2,532|
|Estate management|costs||13,453||13,453|
|Water &sewerage|||2,599||2,599|
|Subscriptions|||522||522|
|Professional fees|||23||23|
|Accountancy
fees|||1,965||1,965|
|Depreciation|||2,674||2,674|
|||||~11||
|Housing
expenditure||||||
|Void losses were 57,814||(2021:85,520)||||
|Housing
accommodation||units were 19(2021:19)||||
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|NTEREST AND OTHER FINANCE INCOME AND E|XPENSES|||
|---|---|---|---|
||Unrestricted|Designated|Total|
||2022|2022|2022|
||8|6|E|
|Interest receivable and similar Income||||
|Rental income|18||18|
|Income from listed investments|102|1,991|2,093|
|Interest receivable||||
||120|||
|Interest payable and similar expenses||||
|Loan interest|m23|||
||Unrestricted|Designated|Total|
||2021|2021|2021|
|||E|8|
|Interest receivable and similar income||||
|Rental income|18||18|
|Income from listed investments|1,835||1,835|
|Interest receivable|11||11|
||1 864|||
|Interest payable and similar expenses||||
|Loan interest|288|||
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||||||||||2022f|2021
6|
|---|---|---|---|---|---|---|---|---|---|---|
|At 1 January 2022|||||||||49,178|44,403|
|Addition
at cost|||||||||681|543|
|Gain/(loss)
in the|year||||||||(2,446)|4,232|
|At 31 December|2022||||||||||
|UK equity investments||||at fair value|comprise:||||||
|175M&G Charity|Multi||Asset Accumulation||||Shares||18,468|18,323|
|12,414 M&G Charity||Multi Asset income||||Units|||10,963|11,315|
|1,054 M&G Charifund|||Income Units||||||15,489|16,402|
|1,708 Charinco Common||||Investments|Units||||2,493|3,138|
|Historical cost as|at 31||December 2022||||||21,338|20,657|
|DEBTORS AND PREPAYMENTS|||||||||||
||||||||||2022|2021|
||||||||||E|6|
|Trade debtors|||||||||827|1,760|
|Other debtors|||||||||633|584|
|Prepayments|||||||||2,342|3,563|
|REDITORS: AMOUNTS||||FALLING DUE||WITHIN||ONE YEAR|||
||||||||||2022|2021|
||||||||||Z||
|Otherloans|||||||||367|290|
|Trade creditors|||||||||1,172|9,757|
|Payment
received|on|account|||||||50|50|
|Accruals|||||||||2,100|1,800|
|Deferred income||||||||Note 11|717|3,671|
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|EFERRE|D INCOME|||
|---|---|---|---|
|||2022|2021|
||||E|
|At 1 January 2022||3,671|3,314|
|Additions|during the year|(3,671)|(3,314)|
|Amounts|released to income|717|3,671|
|At 31 December 2022|||3J)71|
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|CREDITORS: AMOUNTS
FALLING DUE|AFTER ONE YEAR||
|---|---|---|
||2022|2021|
||E|E|
|Otherloans||~57|
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|13.ANALYSIS OF FUNDS|||||||
|---|---|---|---|---|---|---|
||Balance|||||Balance|
||b/fwd
1
January|Income|Expenditure|Transfers|Revaluations|c/fwd 31
December|
||2022|||||2022|
||6|||||5|
|Unrestricted
funds|||||||
|General funds|356,915|85,972|(76,333)|(4,000)|(1,910)|360,644|
|Total unrestricted
funds|||||||
|Unrestricted
funds|||||||
|Routine maintenance|26,426|||(26,426)|||
|Cyclical maintenance|(18,702)|1,991|(32,707)|26,426||(22,992)|
|Extraordinary
repair|100,832|||(100,832)|||
|Total designated
funds|||(322)|~12||22
2|
|Restricted funds|||||||
|Extraordinary
repair|||||(535)|~142|
|Endowment
funds|||||||
|Repair fund|||||||
|Total funds|4~471|QL953|||||
||Balance|||||Balance|
||b/fwd
1
January|Income|Expenditure|Transfers|Revaluations|c/fwd 31
December|
||2021|||||2021|
||6|||||6|
|Unrestricted
funds|||||||
|General funds|329508|84 652|59888||2643|356915|
|Total unrestricted
funds||~2|||||
|Unrestricted
funds|||||||
|Routine maintenance|26,426|||||26,426|
|Cyclical maintenance|(5,211)||(13,491)|||(18,702)|
|Extraordinary
repair|99,242||||1,590|100,832|
|Total designated
funds|||||||
|Total funds|||||~42||
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