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|Contents|||||
|---|---|---|---|---|
|||||Page|
|Registered|Social Housing<br>Provider||Information||
|Report ofthe Trustees|||||
|Independent|Auditor's|Report|||
|Statement|ofComprehensive<br>income||||
|Statement|of Financial|Position||10|
|Notes to the Financial||Statements|||





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|STA|TE|MENT|OF COMPR|EH|E|NSIUE<br>INCOME (Including<br>Inc|ome and|Expenditure|Account)|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||Continuing|Continuing|
|||||||||Operations|Operations|
|||||||||TOTAL|TOTAL|
|||||||||6|6|
||||||||Note|||
|Turnover|||||||2|63,021|61,792|
|Administrative<br>expenditure|||||||2|(20,295)|(20,579)|
|Operating||surplus|/ (deficit)|||||42,726|41,213|
|Interest|receivable||and similar|income|||4|260|1,217|
|Interest|payable and similar charges||||||4|(3,341)|(4,550)|
|Movement||in fair value offinancial|||instruments|||116|(111)|
|Surplus|/|(deficit)|on ordinary|activities forthe year before tax|||5|39,761|37,769|
|Tax on|surplus<br>/ (deficit) on ordinary|||||activities||||
|Surplus|/|(deficit)|for the year|after||tax||39,761|37,769|
|Total comprehensive<br>income||||for|the year|||39,761|37,769|



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||||2021|2020|
|---|---|---|---|---|
|||Note|F|6|
|Fixed assets|||||
|Tangible fixed assets|||565,000|565,000|
|Improvements<br>to property|||33,451|38,933|
||||598,451|603,933|
|Current assets|||||
|Current asset investments|||628|512|
|Debtors|||15,945|18,919|
|Cash at bank and<br>in|hand||308,836|270,148|
||||325,409|289,579|
|Creditors: amounts|falling due within one year|10|(16,210)|(14,997)|
|Net current assets'|(liabilities)||309,199|274,582|
|Total assets less current liabilities|||907,650|878,515|
|Debtors: amounts<br>falling due after more than one year||||3,154|
|Creditors: amounts|falling due after more than one year||(8,122)|(21,902)|
|Total net assets I(liabilities)|||899,528|859,767|
|Reserves|||||
|Income and expenditure<br>reserve||14|680,021|640,260|
|Endowment<br>reserve||14|219,507|219,507|
|Total Reserves|||899,528|859,767|



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|iculars<br>ofturnover<br>and|adm|inis|trative<br>expendit|ure<br>from social|housing<br>lettings||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||Total|Total|
|Turnover|||||||
|Rent receivable<br>net of identifiable|||seance charges||63,021|61,792|
|Turnover<br>from social housing|||lettings||63,021|61,792|
|Administrative<br>expenditure|||||||
|Manager's<br>remuneration<br>Routine maintenance<br>Garden<br>upkeep<br>Electricity|||||5,647<br>3,738<br>1,927<br>315|5,217<br>3,487<br>1,122<br>359|
|Insurance<br>Council tax 8 water rates|||||1,487|1,592|
|Auditors fee<br>Professional<br>fees|||||2,310<br>134|2,310<br>116|
|Subscriptions|||||538|542|
|Training||||||189|
|Print post and stationery||||||163|
|Bad debts<br>Bad debts recovered<br>Depreciation<br>of property|improvements||||1,112<br>(2,472)<br>5,482|5,482|
|Administrative<br>expenditure||on|social housing|lettings|20,295|20,579|
|Operating<br>surplus /(deficit)||on|social housing|lettings|42,726|41,213|
|Void losses||||||609|





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|3|Accommodation<br>owned|Accommodation<br>owned|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Number|of||Number of|
||||||||units at<br>1"April|||units at<br>31"March|
||||||||2021|||2020|
||Completed<br>units:||||||||||
||Housing<br>for older people||||||||12|12|
||Properties<br>managed|by agents|||||||||
||None ofthe properties|owned||by the RP are managed||by agents.|||||
|4|Interest and other finance income and charges||||||||||
||a)<br>Interest receivable<br>and similar income||||||||||
||||||||2021|||2020|
|||||||||E||E|
||Bank interest receivable||||||||260|1,217|
||b) Interest payable<br>and|similar||charges|||||||
||||||||2021|||2020|
|||||||||E||E|
||Bank loans and overdrafts|||||||3,341||4,550|
|5|Surplus<br>/ (deficit) on ordinary|||activities|||||||
||Surplus<br>/ (deficit) on ordinary||activities||is stated after charging||/ (crediting):||||
||||||||2021|||2020|
|||||||||E||E|
||Auditods<br>remuneration|||||||2,310||2,310|
||Depreciation<br>oftangible|fixed assets||||||5,482||5,482|
|||||||||7,792||7,792|
|6|Board ofTrustees<br>remuneration||||||||||





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||Housing|||
|---|---|---|---|
||properties|Property|Total|
||for letting|Improvements||
|Cost:||||
|At 1u April 2020|565,000|54,816|619,816|
|Additions||||
|At 31"March 2021|565,000|54,816|619,816|
|Depreciation:||||
|At 1"April 2020||15,883|15,883|
|Charge for year||5,482|5,482|
|At 31"March 2021||21,365|21,365|
|Net book value:||||
|At 31"March 2021|565,000|33,451|598,451|
|At 31"March 2020|565,000|38,933|603,933|



|The net book value of land and buildings|comprised:|||
|---|---|---|---|
|||2021|2020|
|||6|F|
|Land and buildings:||||
|Freehold||598,451|603,933|





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|8|Current asset investments|Current asset investments|Current asset investments|Current asset investments|Current asset investments||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||6||
||Other Investments||—NAACIF Accumulation||||Units<br>628|512|
||NAACIF Accumulation||||Units are measured||at their fair value at the balance sheet date.||
|9|Debtors: amounts||falling due within|||one|year||
||||||||2021|2020|
||||||||6|6|
||Trade debtors||||||11,966|8,064|
||Prepayments||||||825|855|
||The Fence Trust||||||3,154|10,000|
||||||||15,945|18,919|
|10|Creditors: amounts||||falling due within one year||||
||||||||2021f|2020<br>6|
||Bank loans and|overdrafts|||||12,570|11,361|
||Rents received|in advance|||||1,330|1,326|
||Accruals and deferred||||income||2,310|2,310|
||||||||16,210|14,997|
|11|Debtors: amounts||falling due after more than one year||||||
||||||||2021|2020|
|||||||||6|
||The Fence Trust|||||||3,154|
|12|Creditors: amounts|||falling due after more|||than one year||
||||||||2021|2020|
||||||||6||
||Bank loans and|overdrafts|||||8,122|21,902|





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|As at the 3<br>Reserves|1st March 2|021 th|er|e were|no cont|ingent<br>liabilities.|||
|---|---|---|---|---|---|---|---|---|
||||||||2021<br>F|2020f|
|Income 8 expenditure||reserve brought|||forward||640,260|602,491|
|Endowment|reserve brought||forward||||219,507|219,507|
|Balance brought<br>forward|||||||859,767|821,998|
|Income and|expenditure|surplus||I(deficit) at year end|||39,761|37,769|
|Total reserves carried forward|||||||899,528|859,767|
|Shown as|||||||||
||||||||2021|2020|
||||||||F|6|
|income and|expenditure|reserve (unrestricted||||reserve)|680,021|640,260|
|Endowment|reserve (restncted|||reserve)|||219,507|219,507|
|Balance carried forward|||||||899,528|859,767|



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