| Legal and Administrative | Details | |
|---|---|---|
| Trustees' Report |
2-3 | |
| Independent Examiner's |
Report | |
| Income and Expenditure | Account | |
| Balance Sheet | ||
| Notes to the Financial Statements |
7-11 |
| Board ofTrustees: | ||
|---|---|---|
| Miss U Collie | ||
| Mr P Law | ||
| Mr D Mathieson | ||
| Mrs D Milburn | ||
| Mr iNRose | ||
| Mrs G Sanderson | ||
| Mr T P Sanderson | (appointed | 8 September 2020) |
| Mrs A Saxby |
| 2020f | 2019f | |||||
|---|---|---|---|---|---|---|
| Turnover | 21,511 | 17,305 | ||||
| Less: Operating | Costs | (11,532) | (10,213) | |||
| Operating Surplus/ |
(Deficit)' | 9,979 | 7,092 | |||
| Interest receivable and |
other income | 6 | 5,431 | 5,275 | ||
| Surplus on Ordinary |
Activities before | |||||
| Taxation | 15,410 | 12467 | ||||
| Taxation on Surplus | on Ordinary | |||||
| Activities | ||||||
| Surplus for the | Year | 15,410 | 12467 | |||
| Transfer to: | ||||||
| Cyclical Repairs | and | Maintenance | ||||
| Reserve | (4,300) | (8,000) | ||||
| Extraordinary Repairs |
Reserve | (5,000) | ( 3,200) | |||
| 6,110 | f 1,167 |
| 2020 f |
2019f | |||
|---|---|---|---|---|
| Surplus for the year | 6,110 | 1,167 | ||
| Unrealised | Surplus'(Deficit) | on investments | (9,230) | 7,387 |
| (3,120) | ||||
| Revenue | Reserve at I December 2019 | 132,466 | 123,912 | |
| Revenue | Reserve at30November 2020 | f129446 | f132,466 |
| BALANCE SHEET | BALANCE SHEET | |||||
|---|---|---|---|---|---|---|
| ASAT30NOVEMBER | 2020 | |||||
| Note | ||||||
| Fixed Assets | ||||||
| Housing Properties | 672,000 | 672,000 | ||||
| Other Fixed Assets: | ||||||
| Equipment | 9 | 7,910 | 8,955 | |||
| investments | 10 | 130,961 | 134,876 | |||
| 810,871 | 815,831 | |||||
| Debtors | ||||||
| Debtors and Prepayments | 11 | 2,800 | 3,057 | |||
| Cash at Bank and | in hand | 28 548 | l9224 | |||
| 31,348 | 22,281 | |||||
| Creditors Amounts | falling | |||||
| Due within one year | 12 | {$73) | 646 | |||
| 30,475 | 21,635 | |||||
| Net Assets | 8837,466 | |||||
| Capital and Reserves | ||||||
| Designated Reserves |
13 | 712,000 | 705,000 | |||
| Revenue Reserves | 129,346 | 132,466 | ||||
| 6841446 | 6837,466 |
| 2. | Turnover from Lettings | 2020 f |
2019 f |
||
|---|---|---|---|---|---|
| Maintenance Contributions Less: Rent Losses from Voids |
21,806 ~295 f 21411 |
17,944 ~639 f 17405 |
|||
| 3. | Operating Costs from Letting |
2020 | 2019 | ||
| Housing Accommodation | excluding | hostels (8 units) | |||
| Heat and Light | 337 | 251 | |||
| Insurance | 780 | 763 | |||
| Management | 3,675 | 2,968 | |||
| Sundries. Subscriptions | 140 | 150 | |||
| Depreciation | 1.045 | 1,045 | |||
| Cleaning | 175 | 160 | |||
| Council Tax | 332 | 217 | |||
| Accountancy | 390 | 390 | |||
| Independent Examination |
100 | ||||
| Routine Maintenance | 4 558 | ~4269 | |||
| f11432 | f 10313 |
| Historical Cost Information | Historical Cost Information | ||
|---|---|---|---|
| Buildings f |
Totalf | ||
| Cost ofImprovements | 57,047 | 57,047 | |
| Housing Association | Grant | ~44 330 f 12,717 |
(4~4 f 12,717 |
| Cost | ||||||
|---|---|---|---|---|---|---|
| f | ||||||
| At 1 December 2019 |
10,453 | |||||
| Additions | ||||||
| Disposals | ||||||
| As at 30November 2020 |
f 10,453 | |||||
| Depreciation | ||||||
| At 1 December 2019 |
1,498 | |||||
| Charge for year | 1,045 | |||||
| Disposals | ||||||
| As at 30November 2020 | 2W3 | |||||
| Net Book Value | ||||||
| At 30November | 2020 | f 7,910 | ||||
| At 30November | 2019 | f 8,955 | ||||
| 10. | Investments | 2020f | 2019f | |||
| UK based investments | ||||||
| Market value at | 1 December 2019 | 134,876 | 122,528 | |||
| Additions | 5,315 | 4,961 | ||||
| Disposals | ||||||
| Unrealised Profit/(Loss) |
in market value | (9,230) | 7,387 | |||
| Market value at | 30November | 2020 | fI30 tt61 | f 134d176 | ||
| Historical cost at 30November | 2020 | f39,979 | f39,979 |
| 11. | Debtors | 2020f | 2019f |
|---|---|---|---|
| Rent Arrears | 731 | 555 | |
| Other Debtors and prepayments | 2,069 | 2,502 | |
| f3,057 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Accruals | 873 | ||||||
| 13. | Designated | Reserves | |||||
| Cyclical | Extra | Charitable | |||||
| Repairs & | Ordinary | Fund | |||||
| Revaluation | Maint. | Repairs | Property | ||||
| Total | Reserve f |
Reserve f |
Reserve f |
Reserve | |||
| At 1 | December 2019 | 705,000 | 659,283 | 18,000 | 15,000 | 12,717 | |
| Repairs | (2,300) | (2,300) | |||||
| Transfer from Income | 9,300 | 4,300 | |||||
| and | Expenditure | Account | |||||
| At 30November | 2020 | 712,000 | 659483 | 20,000 | 20,000 | 12,717 |