2022-11-30-accounts

			Note	2022	2021
Turnover Less: Operating Costs				29,424 (14,664)	26,873 (13,960)
Operating Surplus/	(Deficit)			14&760	12,913
Interest receivable and		other income		5,666	4,441
Surplus on Ordinary Taxation		Activities before	7	20,426	17,354
Taxation on Surplus	on Ordinary
Activities
Surplus for the Year				20,426	17@54
Transfer to:
Cyclical Repairs and Maintenance Reserve Extraordinary Repairs Reserve				(2,510) (17,463)	(10,604) (-)
				453	f 6,750

				2022	2021
Surplus for the year				453	6,750
Unrealised Surplus/(Deficit)	on	investments		1,855	11,231
				2,308	17,981
Revenue Reserve at 1 December		2021		147,327	129,346
Revenue Reserve at 30 November			2022	f,149,635	f.147,327

		BALANCE SHKKT	BALANCE SHKKT
		AS AT30 NOVEMBER		2022
		Note
Fixed Assets Housing Properties				672,000		672,000
Other Fixed Assets: Equipment Investments		9 10		5,820 154,167		6,865 146,940
				83ji987		825,805
Debtors
Debtors and Prepayments Cash at Bank and in hand		11	2,862 31678 34,540		2,348 35370 37,718
Creditors Amounts falling Due within one year		12	{1892)	32,648	1 196	36,522
Net Assets				%864,635		X862,327
Capital and Reserves
Designated Reserves Revenue Reserves		13		715,000 149,635		715,000 147,327
				% 864,635		K862@27

	No provision has be therefore exempt.	en made f	or Corporation Tax as	the Trust is a regis	tered charity
2.	Turnover from Lettings			2022	2021
	Maintenance Contributions Less: Rent Losses from Voids			29,744 ~320	27,656 ~303
				g 29,424	g 26&873
3.	Operating Costs from Letting			2022	2021
	Housing Accommodation Heat and Light Insurance	excluding	hostels (8units)	424 895	333 789
	Management Sundries, Subscriptions Depreciation Cleaning Council Tax			4,453 197 1,045 349 274	5,166 160 1,045 50 253
	Accountancy Independent Examination Secretarial Expenses Routine Maintenance			390 100 ~6537	390 100 127 ~5547
				K14,664	K13,960

6.	Interest Receivable	and Other Income
			2022		2021
	Building Society Interest Investment Income		27 5639	17 ~4424
			R5&666	K	4,441
7.	Surplus on Ordinary	Activities before Taxation
	Surplus on ordinary	activities before taxation is stated after	charging the following:
			2022		2021
	Accountancy Fee		g390		K390
8	Fixed Assets
	Housing Properties	Total	Freehold Land	Freehold Buildings
	At valuation as at I	December 2021 and
	30November 2022	672,000	141,120	530,880

Historical Cost Information
	Buildings	Total
CostofImprovements	57,047	57,047
Housing Association Grant	(4~4330	(4~4330
	K12,717	g 12,717

	Cost
	At 1December 2021				10,453
	Additions
	Disposals
	As at30November	2022			610,453
	Depreciation
	At I December 2021				3,588
	Charge for year				1,045
	Disposals
	As at 30November	2022			4,633
	Net Book Value
	At 30November 2022				K 5&820
	At 30November 2021				Z6,865
10.	Investments			2022	2021
	UK based investments
	Market value at 1	December 2021		146,940	130,961
	Additions			5,372	4,748
	Disposals Unrealised Profit/(Loss)		in market value	1,855	11,231
	Market value at30November 2022			f154,167	f 146,940
	Historical cost at	30November 2022		f,39,979	f.39,979

The	investments all held in the National Association o	fAlmshouses Common Inve	stment Fun
11.	Debtors	2022	2021
	Rent Arrears	66	216
	Other Debtors and prepayments	2796	2 132
		2862	K2,348

12.	Creditors;	Amounts fall	ing due withi	n oue year
						2022	2021
	Accruals				K	1,892	I1,196
13.	Designated	Reserves
					Cyclical	Extra	Charitable
					Repairs &	Ordinary	Fund
				Revaluation	Maint.	Repairs	Property
			Total	Reserve	Reserve	Reserve	Reserve
At 1 December 2021			715,000	659,283	23,000	20,000	12,717
Repairs Transfer fiom Income			(19,973) 19,973		(2,510) 2,510	(17,463) 17,463
and	Expenditure	Account
At 30November		2022	j715&000	%659&283	%23&000	%20&000	f,12&717