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2021-09-30-accounts


	CONTENTS								PAGE
	Officers and Professional		Advisers
	The Trustees' Report (including Directors' Report)
	Independent Auditor's	Report to the Trustees
	Statement of Financial		Activities	(including Income and Expenditure			Account)
	Balance Sheet								10
	Notes to the Financial	Statements
The	following pages do not form	part ofthe		financial statements:
	Summary of Results								21
	Tottington Road:		Detailed	Income and	Expenditure	Account			22
			Notes to	the Detailed	Income and	Expenditure		Account	23
	Turks Road:		Detailed	Income and	Expenditure	Account			24
			Notes to	the Detailed	Income and	Expenditure		Account	25

			Note	Unrestricted	Restricted	Year Ended	Year Ended
				Fund	Fund	30/09/2021	30/09/2020
INCOME AND EXPENDITURE
Income
Donations and legacies							100,000
Investment income				1,686		1,686	3,135
Income from charitable	activities			415,727		415,727	417,073
Miscellaneous income				250		250	8,283
Total Income				417,663		417,663	528,491
Expenditure
Charitable activities				390,274	7,776	398,050	390,799
Total Expenditure				390,274	7,776	398,050	390,799
Net Income/(Expenditure)		for the
Year Before Transfers				27,389	(7,776)	19,613	137,692
Transfers between funds
Net movement in funds				27,389	(7,776)	19,613	137,692
Revaluation reserve
Fund balances brought	forward
at 1 October 2020				1,665,535	92,224	1,757,759	1,620,067
Fund balances carried	forward		19
at 30 September 2021				1,692,924	84,448	1,777,372	1,757,759

			Note		2021			2020
FIXEDASSETS
Housing properties			14			1,689,393		1,738,614
Less: Housing Association		grant	14			~991,667		~991,667
						697,726		746,947
Other fixed assets			15			252,148		258,760
						949,874		1,005,707
CURRENT ASSETS
Debtors				11,134			12,871
Cash at bank and	in hand			844,053			766,748
				855,187			779,619
CREDITORS: Amounts		falling due
within one year			17	27,689			27,567
NET CURRENT ASSETS						827,498		752,052
TOTAL ASSETS	LESSCURRENT LIABILTIES					1,777,372		1,757,759
THE FUNDS OF THE CHARITY			19
Unrestricted fund						1,692,924		1,665,535
Restricted Fund						84,448		92,224
						1,777,372		1,757,759

DONATIONS	AND LEGACIES
The Farraday	Chaitable Trust

					Total Funds	Total Funds
					2021	2020
						F
	Gross rent	receivable			475,242	455,153
	Less: Losses		from voids		59,515	38,080
					415,727	417,073
					Units at	Units at
	Units in management				30/09/2021	30/09/2020
	Supported	housing		for older people	33	32
5.	MISCELLANEOUS			INCOME
					Total Funds	Total Funds
					2021	2020
					f
	Miscellaneous		income		250	8,283
					250	8,283

2021	2020
1,686	3,135

7.	CHARITABI E ACTIVITIES	CHARITABI E ACTIVITIES
			Total Funds	Total Funds
			2021	2020
	Care and catering employee costs		142,114	135,150
	Employers Nl contributions		5,439	4,805
	Total pension costs		2,923	3,503
	Rates and water		11,742	10,288
	Light and heat		31,059	26,060
	Repairs and maintenance		63,092	59,681
	Food and other household	costs	37,473	38,854
	Telephone		2,974	3,054
	Printing, stationery and advertising		802	717
	Miscellaneous expenses		2,938	4,240
	Insurance		9,555	9,275
	Depreciation		65,714	65,885
	Bank charges and interest		403	375
	Governance costs (see note 7)		21,822	28,912
			398,050	390,799
8.	GOVERNANCE COSTS
			Total Funds	Total Funds
			2021	2020
	Audit and other services		8,446	9,084
	Legal and professional		6,915	13,563
	Affiliation fee		6,461	6,265
			21,822	28,912

Operating	surplus is stated after charging/(creditin	g):
		2021	2020
Depreciation		65,714	65,885
Auditors	remuneration	8,400	9,000

								2021	2020
Fees	payable	to	auditor	for	audit	ofthe annual	accounts	8,400	9,000
Fees	payable	to	auditor	for	other	services		45	84

EMPL	OYEE INFORMATION
		2021	2020
Wages	and salaries	142,114	135,150
Social	security costs	5,439	4,805
Other	pension costs	2,923	3,503
		150,476	143,458

				2021	2020
Office					1
Wardens,	caretakers	and	cleaners		10
				10

COST
At 1 October 2020		2,300,186
Additions
Housing Association	grant	(991,667)
Disposals
At 30 September 2021		1,308,519
DEPRECIATION
At 1 October 2020		561,572
Charge for the year		49,221
At 30 September 2021		610,793
NET BOOK VALUE
At 30 September 2021		697,726
At 30 September 2020		746,947

			2021		2020
	Freehold land and buildings		697,726		746,947
15.	OTHER TANGIBLE FIXEDASSETS
		Computer	Improvements	Fixtures 8
		Equipment	to Property	Fittings	Total
				f.
	COST
	At 1 October 2020	1,273	235,920	138,659	375,852
	Additions			9,882	9,882
	Disposals
	At 30September 2021	1,273	235,920	148,541	385,734
	DEPRECIATION
	At 1 October 2020	866	12,604	103,622	117,092
	Charge for the year	319	9,437	6,738	16,494
	Depreciation on disposal
	At 30 September 2021	1,185	22,041	110,360	133,586
	NET BOOK VALUE
	At 30 September 2021	88	213,879	38,181	252,148
	At 30 September 2020	407	223,316	35,037	258,760

16.	DEBTORS
							2021	2020
	Trade debtors						35	979
	Prepayments	and accrued		income			10,823	11,801
	Sundry debtors						276	91
							11,134	12,871
17.	CREDITORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
							2021	2020
	Trade creditors						12,536	7,584
	Other taxation	and social		security			2,106	2,036
	Other creditors						1,126	1,045
	Accruals and deferred		income				11,921	16,902
							27,689	27,567
18.	COMPANY LIMITED		BY	GUARANTEE
							2021	2020
	The number ofmembers,			each of whose	liability	is limited
	to E1 at the year end		was:				10

			Brought	Income	Expenditure	Transfers	Revaluation	Carried
			Forward			In/Out	Reserve	Forward
Restricted	fund		92,224		7,776			84,448
Unrestricted		fund	1,665,535	417,663	390,274			1,692,924

				2021	2020
				f.
Capital expenditure	that has been authorised		by the trustees
but has not yet been	contracted	for
Capital expenditure	that has been contracted		for but not yet
provided

		Unrestricted	Restricted	Total
		Funds	Funds	Funds
Tangible	Fixed Assets	865,426	84,448	949,874
Current Current	Assets Liabilities	855, 'I 87 27,689		855,187 ~27,889
		1,692,924	84,448	1,777,372