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