| Contents | |||
|---|---|---|---|
| Page | |||
| Reference and administrative | information | ||
| Trustees' reporf | 2-4 | ||
| Independent Examiner's report |
|||
| Statement offinancial |
activities | e-P | |
| Balance sheet | |||
| Notes tothe financial | statements | 9-11 |
| Accountants: | Fortus North Limited |
|---|---|
| Business Advisors and Accountants | |
| 5B6 Manor Court | |
| Manor Garth | |
| Scarborough | |
| North Yorkshire | |
| YO11 3TU |
| Bankers: | Lloyds Bank |
|---|---|
| 1 St Nicholas Street | |
| Scarborovgh | |
| North Yorkshire | |
| YO11 2YY | |
| Solicitors: | Tubbs 8,Co |
| 1116Victoria Road | |
| Scarborovgh | |
| North Yorkshire | |
| YO11 1SL |
| for the | year ended 31 Decem | ber 2022 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | funds | ||||||
| Total | Total | ||||||
| Desig | funds | funds | |||||
| General | nated | 2022 | 2021 | ||||
| Notes | R | R | R | R | |||
| INCOME | |||||||
| Income from charitable | activities | ||||||
| Residents' contdbutions |
26,265 | 26,265 | 26,480 | ||||
| Voluntary income |
|||||||
| Donations | 350 | 350 | 650 | ||||
| Investment income |
|||||||
| Dividends | 117 | 117 | 114 | ||||
| Total Income | 26,732 | 26,732 | 27,244 | ||||
| EXPENDITURE | |||||||
| Expenditure on charitable |
activities | ||||||
| Electricity and gas | 312 | 312 | 277 | ||||
| Repairs and maintenance | 20,705 | 20,705 | 13,857 | ||||
| Garden maintenance | 1,480 | 1,480 | 1,478 | ||||
| Insurance | 1,461 | 1,461 | 778 | ||||
| Subscdptions | 532 | 532 | 514 | ||||
| Sundry expenses | 75 | 75 | 73 | ||||
| 24,565 | 24,565 | 16,977 | |||||
| Governance costs |
|||||||
| Accountancy fee |
1,398 | 1,398 | 1,332 | ||||
| Professional fees | 360 | 360 | 960 | ||||
| 1,758 | 1,758 | 2,292 | |||||
| Total expenditure | 26,323 | 26,323 | 19,269 | ||||
| Net Income | 409 | 409 | 7,975 |
| forthe y | ear ended 31 Decem | ber 2022 | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | |||||||
| Total | Total | |||||||
| Desig | funds | funds | ||||||
| General | nated | 2022 | 2021 | |||||
| Notes | 5 | 5 | f | |||||
| Net Income | 409 | 409 | 7,975 | |||||
| Transfers between | funds | -520 | 520 | |||||
| -11I | 520 | 409 | 7,975 | |||||
| ILosses) / gains | on | investment | assets | 12,468 | 12,468 | 20,226 | ||
| Net movement | in funds | -12,580 | 520 | -12,060 | 28,201 | |||
| Reconciliation | of funds | |||||||
| Total funds brought | forward | 259,513 | 5,596 | 265,109 | 236,908 | |||
| Total funds carried | forward | 246,933 | 6,116 | 253,049 | 265,109 |
| 2 | Investment Income |
2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| R | R | ||||||||
| Dividends | 117 | 114 | |||||||
| 3 | Employees | 2022 | 2021 | ||||||
| Number | Number | ||||||||
| Number of employees | |||||||||
| The average monthly number |
ofemployees | (including | the clerk to the | ||||||
| trustees) during the |
year were: | ||||||||
| Administration staff |
I | I | |||||||
| There were five trustees | during | the year and | the clerk | to the trustees. There was | remuneraiion | ||||
| of R50paid to the trustee | Mr R | Scales dudng | the year | (2021 R50). | |||||
| 4 | Tangible fixed assets - |
housing | properlles | 2022 | 2021 | ||||
| R | R | ||||||||
| Cost | |||||||||
| As at I January 2022 |
105,077 | 105,077 | |||||||
| As at 31 December | 2022 | 105,077 | 105,077 | ||||||
| Less Social Housing | Grani | ||||||||
| As at I January 2022 |
-49,405 | -49,405 | |||||||
| As at 31 December | 2022 | -4'7,405 | -49,405 | ||||||
| Nel book values | |||||||||
| As al 31December | 2022 | 55,672 | 55,672 | ||||||
| 5 | Fixed asset Investments | 2022 | 2021 | ||||||
| R | R | ||||||||
| Movement in fixed |
asset | Investments | |||||||
| Market value brought | forward | al I January | 2022 | 137,269 | 117,043 | ||||
| Add net gain on revaluation | 20,226 | ||||||||
| 137,269 | 137,269 | ||||||||
| Deduct nel loss on | revaluation | -12468 | |||||||
| Market value as at | 31 | December 2022 | 124,801 | 137,269 | |||||
| Investment at morket value |
2022 | 2021 | |||||||
| Comprised: | 9. | R | |||||||
| Unit trusts / OEICS |
124,801 | 137,269 |
| 6 | Creditors | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Amounts falling due within one year Rents in advance Trade creditors |
R 1,709 |
R 510 1,645 |
|||
| 1,709 | 2,155 | ||||
| 7 | Designated Unrestricted |
funds | Extraordinary | ||
| repair fund | |||||
| R | |||||
| As at 1 January 2022 Transfers from general unrestricted |
funds | 5,596 520 |
|||
| As at 31 December 2022 | 6,116 |