2023-03-31-accounts

Company information
Directors' report					2-3
Reporting accountant's		report
Statement ofcomprehensive income
Balance sheet					6-7
Statement ofchange	in	reserves
Statement ofcash flows
Notes to the cash flow statement					10
Notes to the financial	statements				11-17
The following pages	do	not form	part ofthe statutory	accounts
Detailed income and	expenditure		account		18-20

			'Mrs 5 M Clarke
			Mrs M Bradbury
			iMrs G Roche
			Mrs C Naylor
			lMrs J Spencer
			Mrs M 1 Pullan
			Mrs 5Shippey
			Mrs V Saunders
Secretary			Ms K Taylor
Company	number		00547893 (England	&Wales)
Charity Commission
Registered	number		223653
Homes and Communities
Agency Registered		number	iLH 1020
Registered	Office		Forest Hill
			11Park Crescent
			l.eeds
			LSB10H
Reporting	Accountant		Thomas Coombs Limited
			Chartered Accountants
			3365The Pentagon
			Century Way
			Thorpe Park
			Leeds
			LS15 BZB

									Notes	7 Months	12Months
										to	to 31"
										.31"March	August
										2023	2022
										E	E
Turnover										124,372	217,815
Less: Operating		costs								(137,917)	(273,354)
.Operating	(deficit)/surplus									(13,545)	(55,539)
Interest receivable			and	other income						6,492	8,444
(Deficit)/surplus			on	ordinary		activities		before		(7,053)	i(47,095)
taxation
Tax on (deficit)/surplus				on ordinary			activities
Unrealised	and		real)sed			gains/(losses)		on		(6,405)	(23,980)
.investments
										(13,458)	(71,075)
Revenue reserve		brought			forward					593,452	664,527
Revenue reserve		carried forward								579,994	593,452

REST HILL (SHELTERED) lANCE SHEET AT 31 MARCH 2023	HOUSING LIMITED
			31"March	2023	31"August	2022
		Notes	E	E	E	E
TANGIBLE FIXEDASSETS
Housing properties			575,&08		575,808
Depreciation of housing	properties		(296,040)		(286,380)
				279,768		2B9,428
Other fixed assets				4,086		2,771
				283,854		292,199
FIXED ASSET'INVESTMENTS
Investments				335,863		336,940
				619,717		629,139
CURRENT ASSETS
Stock			800		800
Debtors			5,304		3,088
Cash at bank and in hand			66,536		77,654
			72,640		81,542
CREDITORS;
Amounts falling due within one year		10	(10,223)		(12,255)
NET CURRENT ASSETS				62,407		69,287
CREDITORS:
Amounts falling due after more than one year
				(102,057)		(104,901)
TOTAL ASSETS LESSCURRENT LIABILITIES
				580,067		593,525
CAPITAL AND RESERVES
Capital up share capita'I		'12		73		73
Revenue reserves
—represented by tangible	fixed assets			176,921		182,423
—represented by other assets				403,037		411,029
				560,067		593,525

	Called-up share capital		Income and expenditure reserve		Designated reserve	Total
At 31"August 2021		73		664,527		664,600
Surplus/(Deficit) for the year				(71,075)		(70,461)
		73		593,452		593,525
Share capital
issued
Dividends
At 31"August 2022		73		593,452		593,525
Surplus/(Deficit) for the year				(13,458}		13,458)
Total
comprehensive		73		579,994		580,067
income
Share capital
issued
Dividends
At 31"March 2023		73		579,994		580,067

											7 Months	12Months
											to	to31"
											31"March	August
											2023	2022
										Note	E	E
Cash (oufflow) from operating activities										1	(9,8821	(44,863)
Net cash	(outflow) from	operating		activities							(9,882)	(44,863)
Cash inflow (outflow) from investing					activities
Payments	to acquire tangible fi'xed			assets							(2,400)
Payments	to acquire investments		/	funds		retained					(5,328)	(30,474)
Receipts	from sales of investments											25,165
Interest recei'ved and other income											519	1,083
Dividends	received										5,973	7,361
Net cash	inflow (outflow)	from investing				activities					i(1,236)	3,135
Net (decrease)/increase		in cash and			cash	equivalents					(11,118)	(41,728)
Cash and	cash equivalents	at the	beginning				ofthe reporting		period		77,654	119,382
Cash and	cash equivalents	at the	end		ofthe		reporting	period			66,536	77;654

						7	12Months
						Months	to31"
						to	August
						31st	2022
						March
						2023
						E
Surplus/(deficit) for		the year				(13,458)	(71,075j
Depreciation	and impairment		oftangible		fixed assets	10,745	20,025
Investment	income					(6,492)	(8,444j
(Gains)/Loss	on 'investments					6,405	23,980
(Increase) /	decrease	in trade	and	other	debtors	(2,216)	923
Increase / (decrease)		in trade	and	other	creditors	(4,866)	(10,222j
(Increase) /	decrease	in stock					(50j
Net cash (outflow) from operating				activities		(9,882)	(44,863j

Operating (deficit)/surplu	s
				7 Months	to	12Months	to
				31"March	2023	31"August	2022
				E	E	E	E
General needs housing
Rent receivable net ofidentifiable			service	78,792		133,797
charges
.Servi'ce charge income				49,367		83,529
Other support services				6,681		11,728
(including lunches and dinners)
Gross rent receivable				134,840		229,054
Less voids				(11,490)	123,350	(12.161)	216,893
Other rental income
Guest room				992		798
Yorkshire Ladies office				30		66
Wayleave						5
Sundry incoine					1,022	59		922
Turnover —lettings					124,372		21	7,815
Operating costs —lettings
Management				41,197		63,624
Service charge costs (including		food)		57,831		89,763
Routine and planned maintenance				32,073		108,283
Depreciation offreehold	property			9,660		16,559
Release ofsocial housing	grant	for	property	(2,844)		(4,875)
					(137,917)		(273,354)
Operating surplus/(deficit)	—lettings				(13,545)		(55,539)

			7 Months	12Months	12Months
			to 31'1	to31"
			March 2023	August	2022
			E	E
Total average weekly number of persons
employed	during the year was:-
Office staff
Supervisor	& household	staff
			7		5
			7 Months	12Months
			to31"	to 3157
Staff costs	(for the above	persons)	March 2023	August	2022
			E	E
Wages and	salaries		42,658	68,764
Social security costs
Pension costs			2,103		3,702
			44,761	72,466

4. Interes	t	rec	eiva	ble	and	simi	lar in	come		7 Months	12Months	12Months
										to 31$'	to31"
										March 2023	August	2022
										E	E
Interest receivable										269		814
Donations,		fund	raising		events and Trust income					250		269
Dividends	received									5,973		7,361
										6,492		8,444
5. Surplus/(Deficit)				on	ordinary		activities before taxation			7 Months	12Months
										to31"	to31"
										March 2023	August	2022
										E	E
Surplus/(Deficit)			on	ordinary		activitl'es		before taxation	is stated after charging:-
Depreciation		of	tangible		owned		fixed	assets
										10,745	20025

7. Tangible fi	xed assets
		Housing
		Land and	Fixtures
		Buildings	and	Tota'I
		For Letting	Fittings
		E	E
Cost
1"September	2022	5'75,808	115,453	691,261
Additions			2,400	2,400
Disposals
31"March 2023		575,808	117,853	693,661
Depreciation
1"September	2022	286,380	112,682	399,062
Charge for the	year	9,660	1,085	10,745
Elimination on	disposals
31"March 2023		296,040	113,767	409,807
Net book value
31"March 2023		279,768	4,086	283,854
31"August 2022		289,428	2,771	292,199

8. Investments:	long term			7 Months	12Months
				to	to 31~
				31*'March	August
				2023	2022
				E	E
Quoted investments:
Market value at	1"September	2022		336,940	355,611
Additions					35,095
Disposals					(26,640)
Net unrealised gains (losses)				(6,406)	(22,505)
Movement in cash at bank awaiting			re-investment
(2023:E25,844	2022: E20,515)				(4,621J
Market value at	31"March 2023			335,063	336340

Park Funds American Ster	ling and J P Morgan US Equity.
9. Debtors		31"March	31"August
		2023	2022
		E	E
Rental debtors		601	33
Prepayrnents		4,703	2,915
Other debtors			140
		5,304	,3,088
There were no rent losses	in the current or previous years.
10. Creditors - amounts	falling due within one year	2023	2022
		E	E
Accruals		4,463	5,747
Other creditors		&91	1,633
Deferred income		4,875	4,875
		10,233	12,255
		31"March	31"August
11. Creditors —amounts	falling due after more than one year	2023	2022
		E
Deferred income		102,051	104,901