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|Registered<br>Social Housing<br>Provider Information|Registered<br>Social Housing<br>Provider Information||
|---|---|---|
|Board Repott||2to 3|
|Independent<br>Auditors'|Report|4 to 6|
|Statement ofComprehensive<br>Income|||
|Balance Sheet|||
|Statement ofChanges|in Reserves||
|Cash Flow Statement||10|
|Notes to the Financial|Statements|11to 16|





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||||Registered<br>Social Housing Provider|Registered<br>Social Housing Provider|Registered<br>Social Housing Provider|Registered<br>Social Housing Provider|Registered<br>Social Housing Provider|Registered<br>Social Housing Provider|Registered<br>Social Housing Provider|Information|Information|Information|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Charity registration|||number|226853|||||||||||||
|Regulator|of|Social Housing||A3163|||||||||||||
|registratioa|Number||||||||||||||||
|Almshouse|Association|||1355|||||||||||||
|membership||number|||||||||||||||
|Establishment||ofthe|Charity|Butterfield<br>Homes,||Crosshills||was||founded||by a will dated 7 Janumy|||1932and||
|||||on 25 February|1986 the||Charity|||Commission|||established|a Scheme||for the|
|||||regulation ofthe|Charity.||The|Charity|||is registered||under the Housing||Act 1996||
|||||and the Charities|Act 1960.||||||||||||
|Members of||the board||Mr Mark Silver (Chair)|||||||||||||
|||||Mrs Jean Bestow|||||||||||||
|||||Miss Margaret Holmes (resigned|||||3|Fehmmy||2021)|||||
|||||Mrs Amy Booth|||||||||||||
|||||Mrs Astrid Hansen|||||||||||||
|||||Mr Albert Pratt|||||||||||||
|||||Mr Simon Watts|||||||||||||
|||||Mr Alistsir Docherty|||||||||||||
|Registered|office|||The Trustees ofButterfield|||Homes,|||Crosshills|||||||
|||||C/o Mr Alistair Docheity|||||||||||||
|||||17Farndale Road|||||||||||||
|||||Wilsden|||||||||||||
|||||Bradford|||||||||||||
|||||BD15OLW|||||||||||||
|Bankers||||Barclays Bank pic|||||||||||||
|||||10Market Street|||||||||||||
|||||Bradford|||||||||||||
|||||BDI 1EG|||||||||||||
|Auditors||||Watson Buckle Limited|||||||||||||
|||||Chartered Accountants|||||||||||||
|||||York House|||||||||||||
|||||Cottingley<br>Business||Park|||||||||||
|||||Bradford|||||||||||||
|||||BD161PE|||||||||||||





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||||2021|2020|
|---|---|---|---|---|
|||Nate|||
|Turnover||2|31,921|30,593|
|Administrative<br>expenditure||2||(19,779)|
|Operating<br>surplus/(deficit)|||18,702|10,814|
|Income fiom fixed asset investments|||3,878|4,050|
|Interest receivable<br>and similar income|||18|72|
|Movements<br>in fair value offinancial|instruments||19,525|(17,961)|
|Surplus/(deficit)<br>for the year|||||
|Total comprehensive<br>income for the year|||42,123|(3,025)|






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|||B|alance Sheet as at31|March 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Note|||
|Fixed assets|||||||
|Tangible assets|||||199,135|204,301|
|Investments|||||105,094|82,571|
||||||304,229|286,872|
|Current assets|||||||
|Debtors|||||2,353|1,066|
|Cash and shoit-term|deposits||||49,352|31,375|
||||||51,705|32,441|
|Creditors: Amsunts|falling due within||one year||(5,355)|(6,286)|
|Net current assets|||||46,350|26,155|
|Total assets less current||liabilities|||350,579|313,027|
|Creditors: Amounts|falling due after||niore than one year|10|(151,401)|(155,972)|
|Net assets|||||199,178|157,055|
|Funds ofthe charity:|||||||
|Income and expenditure||reserve|||165,463|142,865|
|Unrestricted<br>revaluation||reserve|||33,715|14,190|
|Total funds|||||199,178|157,055|





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|||Income and<br>expenditure|Revaluation<br>reserve|Total|
|---|---|---|---|---|
|||reserve|||
|At I April 2020||142,865|14,190|171,245|
|Surplus/(deficit)<br>for|the year|22,598||22,598|
|Revaluation<br>ofinvesnnents|||19,525|19,525|
|Total comprehensive|income|22,598|19,525|42,123|
|At 31March 2021||165,463|33,715|199,178|





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|Recoaciliation ofnet movement|Recoaciliation ofnet movement|in funds to net cash flow from operating|in funds to net cash flow from operating|activities|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Net income/(expenditure)|||||42,]23|(3,025)|
|Invesnnent<br>income|||||(3,896)|(4,122)|
|Depreciation|||||5,166|5,166|
|(Profit) /loss on revaluation of|fixed asset investments||||(19,525)|17,961|
|(Increase)/decrease<br>in debtors|||||(1,287)|110|
|Decrease in creditors|||||(3,402)|(4,218)|
|Net cash inflow|||||19,179|11,872|
|Cash flow statement|||||||
||||||2021|2020|
|Net cash hdlow from operating||activities|||19,179|11,872|
|Returns<br>on investments<br>and|servicing offinance||||||
|Interest receivable<br>and similar|income||||18|72|
|Other income from fixed asset|investments||||3,878|4,050|
||||||3,896|4,122|
|Capital expenditure<br>and fmancial investment|||||||
|Purchase oftangible fixed assets||||||(2,484)|
|Purchase ofinvestments|||||(2,998)|(3,170)|
||||||(2,998)|(5,654)|
|Financing|||||||
|Repayment ofloans and borrowings|||||(2,100)||
|Increase in cash in the year|||||17,977|10,340|
|Reconciliatinn<br>ofnet cash flow to movement|||in net funds||||
|Increase in cash|||||17,977|9,290|
|Cash outflow from repayment|ofloans||||2,100||
|Net funds at I April 2020|||||31,375|22,085|
|Net funds at 3I March 2021|||||49,352|31,375|





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|value, over their e|xpec|ted|useful|economic l|ife a|s follows:|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Asset class|||||||Depreciation||method|and rate|||
|Plant and equipment|||||||20%straight||line basis||||
|Propeities|||||||50years||||||
|Doors and windows|||||||30years||||||
|Kitchens|||||||20 years||||||
|Bathroom|||||||25 years||||||
|Boilers|||||||15years||||||
|Electrical and heating||installations|||||25 years||||||
|Major components|of housing|||properties|have|been accounted|for and depreciated|separately||&om the connected|||
|housing<br>property,|over|their expected useful|||economic lives. The||costs ofreplacing<br>these||components||are capitalised|in|
|fulh The costs ofpmtially|||replacing or repairing|||these components|are chmged to the comprehensive||||income.||



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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Turnover||||||||
|Rents receivable||||||28,392|27,072|
|Other income||||||8||
|Amortised<br>social|housing||grant|||3,521|3,521|
|Turnover<br>from|social housing|||lettiugs||31,921|30,593|
|Administrative|expenditure|||||||
|Management||||||(3,250)|(7,461)|
|Service charge costs||||||(540)|(812)|
|Routine maintenance||||||(4,263)|(6,340)|
|Depreciation<br>ofhousing|||properties|||(5,166)|(5,166)|
|||||||(13,219)|(19,779)|
|Operating<br>surplus||on social housiag|||lettings|18,702|10,814|
|3<br>Accommodation||owned and in management||||||
|||||||Number ofunits<br>Number ofunits||
|||||||at|at|
|||||||1April 2020<br>31March 2021||
|Housing accommodation||||||6|6|





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|4<br>Surplus<br>on ordinary|activities is stated after charging/(cr|editing):||
|---|---|---|---|
|||2021|2020|
|Audit fees||||
|Audit ofthe financial|statements|525|525|
|Depreciation offieehotd|propeity|5,166|5,166|
|Amortis ation ofgoveounent<br>grants||(3,521)|(3,521)|



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|6<br>Tangible fixed assets||||
|---|---|---|---|
||Land and|Fixtures &||
||buildings|fittings|Tatal|
|Cost||||
|At 1 April 2020|230,844|20,625|251,469|
|At 31 March 2021|230,844|20,625|251,469|
|Depreciation||||
|At I April 2020|26,543|20,625|47,168|
|Charge for the year|5,166||5,166|
|At 31March 2021|31,709|20,625|52,334|
|Net book value||||
|At 31March 2021|199,135||199,135|
|At 31March 2020|204,301||204,301|





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|7<br>Fixed asset investments|||
|---|---|---|
||2020|2020|
|Listed investments|105,094|82,571|
|Listed investments|||
||Listed||
||investments|Total|
|Valuation|||
|At 1 April 2020|82,571|82,571|
|Revaluation|19,525|19,525|
|Additions|2,998|2,998|
|At 31March 2021|105,094|105,094|
|Carrying<br>amount|||
|At 31March 2021|105,094|105;094|
|At 31March 2020|82,571|82,571|



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|8<br>Debtors|||||
|---|---|---|---|---|
||||2021|2020|
|Prepayments|||1,102|940|
|Other debtors|||1,251|126|
||||2,353|1,066|
|9<br>Creditors: amounts||falling due within one year|||
||||2021|2020|
|Almshouse|Association|loan||1,050|
|Grants|||3,521|3,521|
|Other creditors|||688|515|
|Accruals|||1,146|1,200|
||||5,355|6,286|





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|10 Credito|rs: amounts|falling due after one year|||
|---|---|---|---|---|
||||2021|2020|
|Almshouse|Association|loan||1,050|
|Grant|||151,401|154,922|
||||151,401|155,972|



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