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|Legal and Administrative|Details||
|---|---|---|
|Trustees'<br>Report||2-3|
|Independent<br>Examiner's|Report||
|Income and Expenditure|Account||
|Balance Sheet|||
|Notes to the Financial<br>Statements||7-11|





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|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|||



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||||||2020f|2019f|
|---|---|---|---|---|---|---|
|Turnover|||||21,511|17,305|
|Less: Operating|Costs||||(11,532)|(10,213)|
|Operating<br>Surplus/||(Deficit)'|||9,979|7,092|
|Interest receivable<br>and|||other income|6|5,431|5,275|
|Surplus<br>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<br>Repairs|||Reserve||(5,000)|( 3,200)|
||||||6,110|f 1,167|



||||2020<br>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|





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|||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<br>Reserves||13||712,000||705,000|
|Revenue Reserves||||129,346||132,466|
|||||6841446||6837,466|






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|2.|Turnover from Lettings|||2020<br>f|2019<br>f|
|---|---|---|---|---|---|
||Maintenance<br>Contributions<br>Less: Rent Losses from Voids|||21,806<br>~295<br>f 21411|17,944<br>~639<br>f 17405|
|3.|Operating<br>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<br>Examination|||100||
||Routine Maintenance|||4 558|~4269|
|||||f11432|f 10313|





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|Historical Cost Information|Historical Cost Information|||
|---|---|---|---|
|||Buildings<br>f|Totalf|
|Cost ofImprovements||57,047|57,047|
|Housing Association|Grant|~44 330<br>f 12,717|(4~4<br>f 12,717|





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||Cost||||||
|---|---|---|---|---|---|---|
|||||||f|
||At<br>1 December 2019|||||10,453|
||Additions||||||
||Disposals||||||
||As at 30November<br>2020|||||f 10,453|
||Depreciation||||||
||At<br>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<br>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|





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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||Accruals|||||873||
|13.|Designated|Reserves||||||
||||||Cyclical|Extra|Charitable|
||||||Repairs &|Ordinary|Fund|
|||||Revaluation|Maint.|Repairs|Property|
||||Total|Reserve<br>f|Reserve<br>f|Reserve<br>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|



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