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|Registered
Social Housing
Provider Information|Registered
Social Housing
Provider Information||
|---|---|---|
|Board Report||2to 3|
|Independent
Auditors'|Report|4 to 6|
|Statement ofComprehensive
Income|||
|Balance Sheet|||
|Statement ofChanges|in Reserves||
|Cash Flow Statement||10|
|Notes to the Financial|Statements|11 to 16|
##
|Charity registration|Charity registration|Charity registration|number|225965|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Regulator|of|Social Housing||A3623|||||||||||||
|registration|Number||||||||||||||||
|Almshouse|Association|||1354|||||||||||||
|membership||number|||||||||||||||
|Establishment||ofthe|Charity|The Butterfield
Homes,||Wilsden|||were constructed|||in 1935.On 7 October 1935|||||
|||||the Charity
Commission||established||||a Scheme for||the|regulation|of|the Charity.||
|||||The
Charity
was|established|||to|provide||almshouses||for persons||resident|in|
|||||Wilsden or within|a radius||offive miles theretrom|||||and who are||either aged||not|
|||||less than sixty years|ofage||or infirm.||||||||||
|Members of||the board||Mr Mark Silver (Chair)|||||||||||||
|||||Mrs Jean Bastow|||||||||||||
|||||Miss Margaret Holmes (resigned|||||3 February||2021)||||||
|||||Mrs Amy Booth|||||||||||||
|||||Mrs Astrid Hansen|||||||||||||
|||||Mr Albert Pratt|||||||||||||
|||||Mr Simon Watts|||||||||||||
|||||Mr Alistair Docherty|||||||||||||
|Registered|office|||The Trustees ofButterfield|||Homes,|||Wilsden|||||||
|||||C/o Mr Alistair Docherty|||||||||||||
|||||17Farndale Road|||||||||||||
|||||Wilsden|||||||||||||
|||||Bradford|||||||||||||
|||||BD15OLW|||||||||||||
|Bankers||||Barclays Bank pic|||||||||||||
|||||10Market Street|||||||||||||
|||||Bradford|||||||||||||
|||||BD1JEG|||||||||||||
|Auditors||||Watson Buckle Limited|||||||||||||
|||||Chartered
Accountants|||||||||||||
|||||York House|||||||||||||
|||||Cottingley
Business Park|||||||||||||
|||||Bradford|||||||||||||
|||||BD16 1PE|||||||||||||
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||||2021|2020|
|---|---|---|---|---|
|||Note|8||
|Turllover||2|30,267|33,000|
|Administrative
expenditure||2|(14,159)|(19,949)|
|Operating
surplus/(deficit)|||16,108|13,051|
|Income from fixed asset investments|||3,731|3 933|
|Interest receivable
and similar income|||14|55|
|Movements
in fair value offinancial|instruments||19,188|(17,529)|
|Deficit forthe year|||39,041|(490)|
|Total comprehensive
income for the year|||39,041|(490)|
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||||B|alance Sheet as at31|March 2021|||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||||||Note|||
|Fixed assets||||||||
|Tangible assets||||||136,966|139,717|
|Investments||||||103,214|80,502|
|||||||240,180|220,219|
|Current assets||||||||
|Debtors||||||1,087|1,913|
|Cash at bank|and in|hand||||40,436|20,917|
|||||||41,523|22,830|
|Creditors: Amounts||falling due within||ane year||(4,705)|(3,209)|
|Net current|assets|||||36,818|19,621|
|Total assets|less current||liabilities|||276,998|239,840|
|Creditors: Amounts||falling due after||more than one year|10|(80,979)|(82,862)|
|Net assets||||||196,019|156,978|
|Reserves||||||||
|Income and|expenditure||reserve|||168,872|149,019|
|Unrestricted|revaluation||reserve|||27,147|7,959|
|Total reserves||||||196,019|156,978|
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|||Income and
expenditure|Revaluation
reserve|Total|
|---|---|---|---|---|
|||reserve|||
|AtIApril 2020||149,019|7,959|156,978|
|Surplus/(deficit)
for|the year|19,853||19,853|
|Revaluation
ofinvestments|||19,188|19,188|
|Total comprehensive|income|19,853|19,188|39,041|
|At 31March 2021||168,872|27,147|196,019|
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|Reconciliation
ofnet movement|Reconciliation
ofnet movement||ia funds to net cash flow from operating|ia funds to net cash flow from operating|activities|||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Net income/(expenditure)||||||39,041|(490)|
|Investment
income||||||(3,745)|(3,988)|
|Depreciation||||||6,726|7,720|
|(Profit) /loss on revaluation offixed asset investments||||||(19,188)|17,529|
|Decrease in debtors||||||826|478|
|Decrease in creditors||||||(387)|(1,676)|
|Net cash inflow||||||23,273|19,573|
|Cash flaw statement||||||||
|||||||2021|2020|
||||||||8|
|Net cash inflow from operating||activities||||23,273|19,573|
|Returns
on investments|and servicing offinance|||||||
|Interest receivable
and similar income||||||14|55|
|Other income lorn fixed|asset investments|||||3,731|3,933|
|||||||3,745|3,988|
|Capital expenditure
and|financial investment|||||||
|Purchase oftangible fixed assets
Purchase ofinvestments||||||(3,975)
47|(17,452)
~73.7 6|
|||||||(7,499)|(21,178)|
|Increase
in cash in tbe year||||||19,519|2,383|
|Reconciliatioa
ofnet cash flow|||to movement|ia net fuads||||
|Increase in cash||||||19,519|2,383|
|Net funds at I April 2020||||||20,917|18,534|
|Net funds at 31March 2021||||||40,436|20,917|
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|2
Social housing t|urno|ver
and costs||||
|---|---|---|---|---|---|
|||||2021|2020|
|Turnover||||||
|Rents receivable||||28,384|26,208|
|Donations
and legacies|||||4,909|
|Amortised
social housing||grant||1,883|1,883|
|Turnover from social housing lettings||||30,267|33,000|
|Administrative
expenditure||||||
|Management||||(3,211)|(7,869)|
|Service charge costs||||(930)|(1,917)|
|Routine maintenance||||(3,292)|(2,095)|
|Depreciation
ofhousing||propeities||(6,726)|(7,720)|
|Other costs|||||(348)|
|||||(14,159)|(19,949)|
|Operating
surplus|on social housing||lettings|16,108|13,051|
|3
Accommodation|owaed and in management|||||
|||||Number afunits
Number ofunits||
|||||at|at|
|||||1April 2020
31March 2021||
|Housing
accommodation||||6||
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|4
Surplus
on ordinary|ac|tivities|is stated after charging/(crediting):|||
|---|---|---|---|---|---|
|||||2021|2020|
|Audit fees||||||
|Audit ofthe financial|statements||excluding VAT|525|525|
|Depreciation offreehold|property|||5,122|4,923|
|Depreciation cffixtures|and|fittings||1,604|2,797|
|Amortisaticn
ofgovernment||grants||(1,883)|(1,883)|
##
|6
Tangible fixed assets||||
|---|---|---|---|
||Lead and|Fixtures &||
||buddings|fittings|Total|
||8|||
|Cost||||
|At 1April 2020|165,828|51,389|217,217|
|Additions|3,975||3,975|
|At 31March 2021|169,803|51389|221 192|
|Depreciation||||
|At 1April 2020|34,538|42 962|77500|
|Charge for the year|5,122|1,604|6,726|
|At 31March 2021|39,660|44,566|84,226|
|Net book value||||
|At 31March 2021|130,143|6,823|136,966|
|At 31Mtuch 2020|131,290|8,427|139,717|
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|7
Fix|ed asset investments|||
|---|---|---|---|
|||2019|2020|
|||8||
|Listed|investments|103,214|80,502|
|||Listed||
|---|---|---|---|
|||investments|Total|
|Valuation||||
|At 1 April|2020|80,502|80,502|
|Revaluation||19,188|19,188|
|Additions||3,524|3,524|
|At 31March 2021||103,214|103,214|
|Carrying|amount|||
|At 31 March 2021||103,214|103,214|
|At 31 March 2020||80,502|80,502|
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|8
Debtors|||||
|---|---|---|---|---|
||||2021|2020|
|||||8|
|Prepayments|||1,087|926|
|Other debtors||||987|
||||1,087|1,913|
|9
Creditors: amounts|falling due within|one year|||
||||2021|2020|
||||8||
|Grants|||1,883|1,883|
|Other creditors|||1,562|126|
|Accruals|||1,260|1,200|
||||4,705|3,209|
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