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2022-03-31-accounts

					Unrestricted	Unrestricted
					funds	funds
					2022	2021
				Notes	6
me n	dowm		from
Charitable activities				3	415,457	416,928
Investments				4	235	251
Other income				5	6,210	6,825
Total income E~					421,902	424,004
Charitable activities				6	283,339	321,482
Net incoming	resources				138,563	102,522
Other recognised		gains	and losses
Revaluation of	tangible fixed assets				(45,238)
Net movement	in funds				93,325	102,522
Fund balances	at 1 April		2021		1,651,290	1,548,768
Fund balances	at	31 March 2022			1,744,615	1,651,290

				2022		2021
			Notes	6		f
Fixed assets
Tangible assets			11		1,735,000		1,780,238
Investments			12		22		22
					1,735,022		1,780,260
Current assets
Debtors			13	8,816		8,317
Cash at bank and	in	hand		453,247		355,987
				462,063		364,304
Creditors: amounts		falling due within
one year			15	(52,763)		(61,934)
Nei current assets					409,300		302,370
Total assets less	current liabilities				2,144,322		2,082,630
Creditors: amounts		falling due after
more than one year			16		(399,707)		(431,340)
Net assets					1,744,615		1,651,290
Income funds
Un~res jrrcl~f~n
Designated funds:
Revaluation						827,844
						827,844
General unrestricted		funds		1,789,853		823,446
Revaluation reserve				(45,238)
					1,744,615		1,651,290
					1,744,615		1,651,290

				Weekly	Weekly
				contribution	contribution
				2022	2021
				f	f
Weekly maintenance		contributions		415,457	416,928
Voids for the	year amounted		to F7,624 (2021;F5,722).The number	of units let 61 (2021;61)
Investments
				Unrestricted	Unrestricted
				funds	funds
				2022f	2021 f
Interest receivable				235	251
Other income
				Unrestricted	Unrestricted
				funds	funds
				2022f	2021 F
Other income Management	charges	received		1,210 5,000	1,825 5,000
				6,210	6,825

		Supported	Residents	Total	Total
		housing	services	2022	2021
		2022	2022
Staff costs		89,485		89,485	88,676
Water rates		12,280		12,280	14,871
Heating and Lighting		38,355		38,355	37,235
Insurance		12,635		12,635	12,574
Routine maintenance		53,690		53,690	62,149
Garden upkeep		9,147		9,147	8,928
Contracted services		463		463	475
Security costs		2,274		2,274	1,585
Planned maintenance		21,196		21,196	43,662
Cleaning		1,598		1,598	3,370
Bank interest payable		16,368		16,368	17,099
Resident services					985
		257,491		257,491	291,609
Share of support costs (see note 7)		15,882		15,882	18,071
Share of governance	costs (see note 7)	9,966		9,966	11,802
		283,339		283,339	321,482

Support costs
		Support	Governance	2022	2021	Basis ofallocation
		costs	costs
		6
Office and computer
costs		9,966		9,966	10,583
Telephone and fax		2,958		2,958	5,078
Sundry expenses		470		470	275
subscnptions		1,976		1,976	1,612
Bank charges		512		512	523
Independent Examination			5,520	5,520	2,320	Governance
Legal and professional					6,075	Governance
Trustee expenses			510	510	(270)	Governance
Other professional	costs		3,936	3,936	3,677	Governance
		15,882	9,966	25,848	29,873
Analysed between
Charitable activities		15,882	9,966	25,848	29,873

The average monthly number ofemployees during t	he year was:
	2022	2021
	Number	Number
Direct Charitable
Employment costs	2022f	2021 6
Wages and salaries	87,142	86,514
Sorxal security costs	2,343	2,162
	89,485	88,676

Tangible fix	ed assets
		Land and	Fixtures,		Total
		buildings	fittings	&
			equipment
				6
Cost
At 1 April 2021		1,780,238	72,608		1,852,846
Revaluation		(45,238)			(45,238)
At 31 March	2022	1,735,000	72,608		1,807,608
Depreciation	and impairment
At 1 April 2021			72,608		72,608
At 31 March	2022		72,608		72,608
Carrying amount
At 31 March	2022	1,735,000			1,735,000
At 31 March	2021	1,780,238			1,780,238

		Unlisted
		investments
		6
Cost or	valuation
At 1 April	2021 &31 March 2022	22
Carrying	amount
At 31 March 2022		22
At 31 March 2021		22

13	Debtors
									2022	2021
	Amounts falling due		within one		year:				f	f
	Trade debtors								8,816	8,317
14	Loans and overdrafts
									2022f	2021f
	Bank loans								430,607	462,240
	Payable within one year								30,900	30,900
	Payable after one year								399,707	431,340
	The bank loan is secured against an interest rate of3.5%over Bank				the property of England	with Base	Unity Trust rate, currently	Bank. Repayments 0.5%.	continue	until 2039 at
15	Creditors: amounts	falling due within one year
									2022	2021
								Notes	f	f'
	Bank loans							14	30,900	30,900
	Trade creditors								11,181	16,996
	Other creditors								20
	Accruals and deferred		income						10,662	14,038
									52,763	61,934
16	Creditors: amounts	falling due after more than one year
									2022	2021
								Notes		f
	Bank loans							14	399,707	431,340

During	the	period	the	association	received	management charges	as	follows:
						2022		2021
						F3,000		55,000
						FO		F0
						52,000		53,000