| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| g | |||||
| RECEIPTS | |||||
| Charitable activities |
|||||
| Almshouse Residents' |
contributions | ||||
| -Maintenance | 46,503 | 45,916 | |||
| Reading Room lettings | 4,690 | 2,150 | |||
| Coronavirus grant |
16,955 | ||||
| 51,193 | 65,021 | ||||
| Income from investments | |||||
| Interest received | 21 | ||||
| Total receipts | 51,214 | 65,023 | |||
| PAYMENTS | |||||
| Charitable activities |
|||||
| Water rates | 692 | 851 | |||
| Council tax | 72 | 18 | |||
| Insurance | 1,731 | 1,613 | |||
| Electricity | 1,092 | 964 | |||
| Gas | 1,155 | (255) | |||
| Telephone | 589 | 535 | |||
| National Association ofAlmshouses | 227 | 230 | |||
| Maintenance ofland and |
fences | 10,500 | 4,038 | ||
| Maintenance ofbuildings |
21,908 | 10,991 | |||
| Administration expenses |
199 | 58 | |||
| Amenity expenses |
455 | 636 | |||
| Loan interest | 6,583 | 6,634 | |||
| Community alarm system |
3,647 | 2,236 | |||
| Charitable donations |
2,250 | 2,250 | |||
| 51,100 | 30,799 | ||||
| Governance costs |
|||||
| Independent Examiner's |
fee | 921 | 894 | ||
| Total payments | 52,021 | 31,693 |
| UNRESTRICTED GENERAL FUND | UNRESTRICTED GENERAL FUND | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Excess / | (Deficit) ofincome over expenditure | (806) | 33,330 |
| Transfers | to designated funds |
3,000 | 28,000 |
| NET SURPLUS / (DEFICIT) | (3,806) | 5,330 | |
| General | fund brought forward | 66,474 | 61,144 |
| General | fund carried forward | 862,668 | 666,474 |
| Notes | Notes | 2022 | 2021 | ||
|---|---|---|---|---|---|
| FIXEDASSETS | |||||
| Housing Properties | |||||
| Cost | 329,972 | 329,972 | |||
| Less: Housing Association |
Grant | (248,434) | (248,434) | ||
| 81,538 | 81,538 | ||||
| Investments | 297,422 | 292,737 | |||
| 378,960 | 374,275 | ||||
| CURRENT ASSETS | |||||
| Debtors | |||||
| Cash at bank and in hand | 9 | 141,621 | 145,722 | ||
| 141,621 | 145,722 | ||||
| CREDITORS: | |||||
| Amounts falling due within |
one year | 1,719 | 1,669 | ||
| NET CURRENT ASSETS | 139,902 | 144,053 | |||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 518,862 | 518,328 | |||
| CREDITORS: | |||||
| Amounts falling due after more than one year: |
|||||
| BCM Global loan | 10 | 67,345 | 67,968 | ||
| S451,516 | 6450,360 |
| Notes | 2022 | 2021 | |
|---|---|---|---|
| CAPITAL AND RESERVES | |||
| Designated reserves |
388,847 | 383,886 | |
| General fund | 12 | 49,098 | 53,984 |
| Property account | 12 | 13,571 | 12,490 |
| TOTALFUNDS | 12 | f451,516 | 2450,360 |
| 5. | INDEPENDENT EXAMINER'S FEES | INDEPENDENT EXAMINER'S FEES | INDEPENDENT EXAMINER'S FEES | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Independent | examiner's | fee (including VAT) | f921 | f894 |
| FIXEDASSETS | 2022 | 2021 |
|---|---|---|
| Housing Properties —Almshouses | ||
| Cost | ||
| At 1"January 2022 and at 31"December 2022 |
329,972 | 329,972 |
| Less: Housing Association Grant At I"January 2022 and at 31"December 2022 |
(248,434) | (248,434) |
| Net book value at 31"December 2022 | I81,538 | K81,538 |
| 8. | INVESTMENTS | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Quoted invesnnents | |||||
| Market value brought forward | 292,737 | 255,890 | |||
| Additions | 3,000 | 3,000 | |||
| Accumulated income |
10,711 | 8,341 | |||
| Net unrealised investment |
gain/(loss) | (9,025) | 25,506 | ||
| Market value at 31"December | 2022 | f,297,423 | f292,737 | ||
| Historical cost at 31"December 2022 | f89,101 | f86,101 | |||
| 9. | CASH AT BANK AND | IN HAND | 2022 | 2021 | |
| Metro Business Savings | account | 5,444 | |||
| Barclays —Business Premium | account | 40,000 | |||
| Barclays - Community account |
10,197 | 49,129 | |||
| Barclays (Abbotsfield) - |
Deposit account | 2,238 | 2,088 | ||
| National Savings Investment account |
14,074 | 14,061 | |||
| Nationwide account |
75,112 | 75,000 | |||
| Cash in hand | |||||
| f,141,621 | K145,722 |
| DESIGNATED RES | ER | VES | VES | VES | ||||
|---|---|---|---|---|---|---|---|---|
| Cyclical Extraordinary |
Abbotsfield | 2022 | 2021 | |||||
| Maintenance | Repairs | Amenities | Total | Total | ||||
| Balance brought forward |
89,061 | 287,141 | 7,684 | 383,886 | 321,891 | |||
| Transfer from income | aud | |||||||
| expenditure account |
3,000 | 3,000 | 28,000 | |||||
| Payments in year |
||||||||
| Interest and dividends | ||||||||
| received | 126 | 10,711 | 150 | 10,987 | 8,489 | |||
| Increase/(decrease) in |
unrealised | |||||||
| gain on investments | (8,375) | (650) | (9,026) | 25,506 | ||||
| Balance carried forward | K89,187 | f292,477 | K7,183 | $388,847 | f383,886 | |||
| ANALYSIS OFNET | ASSETSBETWEEN FUNDS | |||||||
| General | Property | Cyclical Extraordinary |
Abbotsfield | 2022 | ||||
| Fund | Account Maintenance |
Repairs | Amenities | Total | ||||
| Tangible | ||||||||
| fixed assets | 81,538 | 81,538 | ||||||
| Investments | 292,477 | 4,945 | 297,422 | |||||
| Cash at bank 50,197 |
89,187 | 2,238 | 141,621 | |||||
| Current assets | ||||||||
| Current liabilities (1,099) |
(621) | (1,719) | ||||||
| Long term liabilities | (67,345) | (67,345) | ||||||
| f49,098 | K13,571 | K89,187 | f292,477 | f7,183 | $451,516 |