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|CONTENTS||||PAGE|
|---|---|---|---|---|
|Officers and|professional
advisers||||
|Trustees' report|||||
|Chartered
accountants
report to the board ofdirectors on the preparation of|||||
|the unaudited|statutory
financial|statements|||
|Statement of|income and retained||earnings||
|Statement of|financial
position||||
|Statement of|cashflows||||
|Notes to the financial
statements|||||
|The following|pages do not form||part ofthe financial statements||
|Detailed income statement||||17|
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|THE BOARD OFDIRECTORS|LMullen|Chair|
|---|---|---|
||M Archer||
||A Kendall||
||M Archer||
||JKendall||
||J Walker||
||C Walker||
||JHudson||
||P Bowerman||
||SPrice||
|REGISTERED OFFICE|Arden Road||
||Halifax||
||West Yorkshire||
||HX1 3AA||
|ACCOUNTANTS|Spenser Wilson|Ltd|
||Chartered
Accountants||
||Equitable
House||
||55 Pelion Lane||
||Halifax||
||West Yorkshire||
||HX1 5SP||
|BANKERS|Barclays Bank Plc||
||P0Box 14||
||Halifax||
||West Yorkshire||
||HXI 1BG||
|SOLICITORS|Wilkinson
Woodward||
||11Fountain
Street||
||Halifax||
||West Yorkshire||
||HX1 1LU||
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||||2022|2021|
|---|---|---|---|---|
|||Note|g||
|INCOME||4|105,808|101,394|
|Operating
expenditure|||117,611|113,730|
|Other operating
income||5|13,197|14,658|
|NET INCOME||6|1,394|2,322|
|(Loss)/gain
on financial assets at fair value through|profit or loss||(16,405)|15,076|
|DEFICITFOR THK FINANCIAL YEAR|||(15,011)|17,398|
|RETAINED RESERVESAT THE START OF|THK YEAR||264,774|247,376|
|RETAINED RESERVESAT THK KND OFTHK YEAR|||249,763|264,774|
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||||||2022|||2021||
|---|---|---|---|---|---|---|---|---|---|
||||Note|g||||||
|FIXEDASSETS||||||||||
|Tangible assets||||||511,823|||518,844|
|CURRENT ASSETS||||||||||
|Debtors|||10|616|||632|||
|Investments|||11|204,658|||218,927|||
|Cash at bank and in hand||||63425|||105,012|||
|||||268,599|||324,571|||
|CREDITORS: amounts||falling due||||||||
|vvithin one year|||12|26,454|||68,190|||
|NET CURRENT ASSETS||||||242,145|||256,381|
|TOTAL ASSETSLESS||CURRENT||||||||
|LIABILITIES||||||753,968|||775,225|
|CREDITORS: amounts||falling due|after|||||||
|more than one year||||||||||
|Accruals and deferred|income|||||443,325|||449,571|
|NKT ASSETS||||||310,643|||325,654|
|CAPITAL AND RESERVES||||||||||
|Capital reserve||||||60,880|||60,880|
|Revenue reserve||||||249,763|||264,774|
|||||||310,643|||325,654|
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|||||2022|2021|
|---|---|---|---|---|---|
|CASH FLOWS FROM OPERATING ACTIVITIES||||||
|Net income/(expenditure)
for the|financial|year||(15,011)|17,398|
|Adjustments for:||||||
|Depreciation oftangible assets||||7,021|7,021|
|Government
grant income||||(6,246)|(6,246)|
|Loss/(gain)
on financial assets at|fair value|through|profit or loss|16,405|(15,076)|
|Accrued (income)/expenses||||(42,672)|50,239|
|Changes in:||||||
|Trade and other debtors||||16|3,579|
|Trade and other creditors||||936|(13,123)|
|Cash generated
from operations||||(39,551)|43,792|
|Net cash (used in)/from
operating|activities|||(39,551)|43,792|
|CASH FLOWS FROM INVESTING ACTIVITIES||||||
|Purchases ofother investments||||(16,405)|(2,459)|
|Proceeds from sale ofother investments||||14,269||
|Net cash used in investing
activities||||(2,136)|(2,459)|
|NKT (DECREASE)/INCREASE|IN CASH AND||CASH|||
|EQUIVALENTS||||(41,687)|41,333|
|CASH AND CASH EQUIVALENTS ATBEGINNING OFYEAR||||105,012|63,679|
|CASH AND CASH EQUIVALENTS AT KND OFYEAR||||63,325|105,012|
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|||2022|2021|
|---|---|---|---|
|Maintenance|contribution|116,480|116,480|
|Less: Losses|from debts and voids|(10,672)|(15,086)|
|||105,808|101,394|
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|5.|OTHER OP|ERATING INCOME||||
|---|---|---|---|---|---|
|||||2022|2021|
||Government|grant income||6,246|6,246|
||Investment
income|||6,792|7,176|
||Bank interest|receivable||159|410|
||Other income||||826|
|||||13,197|14,658|
|6.|OPERATING PROFIT|||||
||Operating
profit or loss is stated after charging:|||||
|||||2022|2021|
||Depreciation|oftangible assets||7,021|7,021|
||Fees payable|for the audit ofthe financial|statements||2,500|
||Independent|examination||1,560||
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|The average
n
amounted
to:|umber ofpersons emp|loyed
by the charity
during
the year, including
t|he trustees,|
|---|---|---|---|
|||2022|2021|
|||No.|No.|
|Administrative|staff|I|1|
|The aggregate|payroll costs incurred|during the year, relating to the above, were:||
|||2022|2021|
|Wages and salaries||10,801|10,661|
|Other pension|costs|138|131|
|||10&939|10,792|
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|9.|TANGIBLE ASSETS||||
|---|---|---|---|---|
|||||Freehold|
|||||property|
||Cost||||
||AtIJuly 2021 and 30June 2022|||702,080|
||Depreciation||||
||At I July 2021|||183436|
||Charge for the year|||7,021|
||At 30June 2022|||190,257|
||Carrying
amount||||
||At 30June 2022|||511,823|
||At 30 June 2021|||518,844|
|10.|DEBTORS||||
||||2022|2021|
||Prepayments
and accrued income||616|632|
|11.|INVKSTNIKNTS||||
||||2022|2021|
||NAACIF investment||55,097|56,403|
||COIF investment||86,853|91,664|
||Charinco
investment||62,708|70,860|
||||204,658|218,927|
|12.|CREDITORS: amounts|falling due &vithiu one year|||
||||2022|2021|
||||5||
||Trade creditors||6,844|5,108|
||Accruals and deferred income||19,360|62,032|
||Social security and other|taxes|250|55|
||Other creditors|||995|
||||26,454|68,190|
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|GOVERNM|ENT
GRANTS|||||
|---|---|---|---|---|---|
|The amounts|recognised
in the financial|statements|for government|grants are as follows:||
|||||2022|2021|
|Recognised|in creditors:|||||
|Deferred government
grants due within||one year||6446|6,246|
|Deferred government
grants due after more than one year||||443,325|449,571|
|||||449,571|455,817|
|Recognised|in other operating
income:|||||
|Government|grants released to profit or|loss||6,246|6,246|
##
|ANALYSIS OF CHANGES IN NET|DEBT||||
|---|---|---|---|---|
|||||At|
||At|1 JUI 2021|Cash flows|30Jun 2022|
|Cash at bank and in hand||105,012|(41,687)|63,325|
|Current asset investments||218,927|(14,269)|204,658|
|||323,939|(55,956)|267,983|
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|||||2022|2021|
|---|---|---|---|---|---|
|TURNOVER||||||
|Contributions
from residents||||105,808|101,394|
|OPERATING EXPENDITURE||||||
|Rates and water||||1&909|1,660|
|Council tax vacant property||||3,176|2,220|
|Light and heat||||1,547|3,065|
|Insurance||||6,655|6,975|
|Routine repairs||||7323|10,856|
|Gardening||||7,560|6,960|
|Major repairs||||59,626|54,919|
|Warden's
salary||||10,801|10,661|
|Warden's
pension||||138|131|
|Telephone||||461|403|
|Chapel expenses||||3,107|1,156|
|Printing postage stationery||&sundries||1,138|494|
|Cleaning
windows||||1,690|1,540|
|Subscriptions
&donations||||634|799|
|Gifts to residents||||525|510|
|Honoraria - Clerk||||1,000|1,010|
|Honoraria - Treasurer||||1,000|850|
|Accountancy
fees||||2&300||
|Auditors
remuneration|||||2,500|
|Depreciation oftangible assets||||7,021|7,021|
|||||117,611|113,730|
|OTHER OPERATING INCOME||||||
|Government
grants released||to profit or loss||6,246|6,246|
|Other operating
income|||||702|
|NAACIF investment|income|||2,092|2,219|
|COIF investment
income||||2,564|2,498|
|Charinco
investment|income|||2,136|2,459|
|Bank deposit interest||||159|410|
|Donations received|||||124|
|||||13,197|14,658|
|OPERATING PROFIT||||1,394|2,322|
|(Loss)/gain
on financial assets at fair value through|||profit or loss|(16,405)|15,076|
|DEFICIT FORTHK FINANCIAL YEAR||||(15,011)|17,398|
##
||||Cyclical||
|---|---|---|---|---|
||General|Extra-ordinary|maintenance|2022|
||fund|repair fund|fund|Total|
|||||1|
|Balance at I July 2021|166,933||97,841|264,774|
|Appropriation
from income|(76,602)|48,420|28,182||
|Loss on share revaluation|(16,405)|||(16,405)|
||73,926|48,420|126,023|248,369|
|Income and expenditure|61,020|(48,420)|(11,206)|1,394|
|Balance at 30June 2022|134,946||114,817|249,763|
||||Cyclical||
||General|Extra-ordinary|maintenance|2021|
||fund|repair fund
f|funCl|Total|
|Balance at I July 2020|150,731||96,645|247,376|
|Appropriation
from income|(56,116)|27,934|28,182||
|Gain on share revaluation|15,076|||15,076|
||109,691|27,934|124,827|262,452|
|Income and expenditure|57,242|(27,934)|(26,986)|2 322|
|Balance at 30June 2021|166,933||97,841|264,774|