2020-12-31-accounts

					2020	2019
					6
Cash flows from operating		activities
hist cash used in operating	ac9vities				259,702	351,661
Cash flows from investing		activities
Dividends, interests and rents from investinents					4,837	3,991
Purchase ofMngible fixed assets						(13,202)
Proceeds from sale of investments					10,439	7,512
Purchase of investments					(8,986)	(154,934)
Net cash provided by/(used		In) Investing		activities	6,280	(15$,633)
Cash flows from financing		activities
Repayments ofborrowing					(172,134)	(195,646)
Net cash used in financing		activities			(172,134)	(195,846)
Change in cash and cash	equivalents		In	the year	93.846	(618)
Cash and cash equivalents	at the beginning			ofthe year	813,896	814,513
Cash and cash equivalents		at the end	of	the year	907,743	613,895
Ths notes on pages 16to 39		form part ofthese financial statements

				Unrestricted	Total
				funds	funds
				2020 f	2020 f
	Donations
	Government	grants		10,000	10,000
				10,000	10,000
				Unrestricted	Total
				funds	funds
				2019	2019f
	Donations			152,931	152,931
5.	Income from	charitable	activities

						Unrestricted	Total
						funds	funds
						2020 f	2020 f
Income	from	charitable	activities	- Maintenance	contributions	1,154,097	1,154,087
						Unrestncted	Total
						funds	funds
						2019	2019
income	from	charitable	activities	- Maintenance	contributions	'I,129,309	1,129,309

			Unrestricted	Total
			funds	funds
			2020	2020
			8	8
Solar	panel	income	115,535	115rAS
			Unrestricted	Total
			funds	funds
			2019	2019
Solar	panel	income	'l18,807	118,807

		Unrestricted	Total
		funds	funds
		2020	2020
		8
Income from invesimenis		3,770	3,770
Investment	income -cash deposits	1,067	1,067
		4,837	4,837
		Unrestrfcted	Total
		funds	funds
		2019	2019
income from investments		1,944	1,944
investment	income -cash deposits	2,047	2,047
		3,991	3,991

		Unrestricted	Total
		funds	funds
		2020	2020f
Loan interest and maintenance	-solar panels	37,039	37,039
Depreciation - solar panels		56,047	56,047
		93,086	9$,086
		Unrsstncied	Toisi
		funds	funds
		2019f	2019
Loan interest- solar panels		32,604	32,604
Depreciation - solar panels		56,047	56,047
		88,651	88,651

Unrestricted	Total	Tofsi
funds	funds	funds
2020	2020	2019
6
1,443	1,443

				Unrestricted	Total
				funds	funds
				2020	2020
				E	E
Direct	costs	—Provision	of housing services	999,313	999,$13
				ljnrestricted	Totai
				funds	funds
				2019 E	2019f
Direct	costs	- Provision	of housing services	1,345,969	1,345,969

						Activities
						undertaken	Support	Total
						directly	costs	funds
						2020	2020	2020
						E	E
Direct	costs	-	Provision	ofhousing	services	799,734	199,579	999,313
						Activities
						undertsken	Support	Total
						direcgy	costs	funds
						2019	2019	2019
							E
Direct	costs	-	Provision	ofhousing	services	1,064,461	261,466	1,345.969

				Provision of
				Housing	Total
				services	funds
				2020	2020
				8	2
Pension finance costs				4,000	4,000
Staffcosts				301,849	301,849
Depredation	-housing	properties,	solar panels and vehides	132,783	132,783
Repairs and	maintenance			300,998	300,998
Insurance				42,098	42,098
Motor expenses				18,006	18,008
				799,734	799,734

	Provision of
	Housing	Total
	services	funds
	2019	2019
	8
Pension finance costs	9,000	9,000
Staffcosts	278,244	278,244
Depreciafion	225,132	225,132
Repairs and maintenance	511,529	511,529
Insurance	40,136	40,138
Surveyors costs etc	570	5TO
Motor expenses	19,870	19,8TO
	1,084,481	1,084,481

			Provision of
			Housing	Total
			services	funds
			2020	2020
			8
Staffcosts			113,615	113,615
Depreciation			5,504	5.504
Insurance			3,752	3,752
Premises costs			14,230	14,230
General administrative		expenses	17,216	17,216
Legal and professional		costs	1,964	1,964
Loan interest			30,438	30,438
Motor expenses			480	480
Exgratia payments			2,000	2,000
Governance	costs		10,380	10,380
			199,579	199,579

			Provision of
			Housrlr0	Total
			services	funds
			2019	2019
			5
Staffcosts			108,557	108,557
Depreciation			5,510	5,510
Insurance			3,577	3,577
Premises costs			13,330	13,330
General administrative		expenses	20,412	20,412
Legal and professional		costs	11,997	11,997
Loan interest			32,505	32,805
Motor expenses			500
Exgratia payments				56,000
Governance	costs		9,000	9,000
			251,488	261,488

					2020	2019
					6
Fees payable	to the Charity's	auditor	for the audit ofthe Charity's	annual
accounts					6,120
Fees payable	to the Charity's	auditor	in respect of:
All non-audit	services not included above				4,260	3,000

Staff costa
	2020	2019
	6
Wages snd salaries	288,333	272,853
Social security costs	26,131	24,948
Operating costs of defined benefit pension schemes	101,000	89,000
Other employee benegts	2,000	56,000
	417,464	442,801

	2020	2019
	No.	No.
Administration
Other
	8	8

			Vehides
	Housing	Office and	and	Other fixed
	property 6	depot 6	equipment f	assets	Total 6
Cost orvaluation
At 1 January 2020	32,877,047	340,783	106,544	2,241,881	35,566,266
At 31 December 2020	32,877,047	340,793	106,544	2,241,881	36,566,265
Depreciation
At 1 January 2020	70'I,093	63r618	77,020	680,469	1,402,100
Charge for the year	60,517	5,056	18,558	112,083	194,334
At 31 December 2020	761,710	68,684	93,678	872,562	1,596,434
Net book value
At 31 December 2020	32,115,337	272,209	12,986	1,569,319	33,969,831
At 31December 2019	32,175,954	277,275	29,524	1,551,412	34,154,185

			Other fixed
		Listed	asset
		Investments	investments	Total
		6
	Cost or valuation
	At 1 January 2020	270,999	41,064	312,083
	Additions	48,334	(39,338)	8,998
	Dispose la	(10,389)		(10,389)
	Revaluations	30,738		30,738
	At 31 December 2020	339,682	1,728	341,408
	Net book value
	At 31 December 2020	339,682	1,726	341,408
	At 31December 2019	270,999	41,004	312,063
17.	Stocks
			2020	2019
			6
	Finished goods and goods for resale		8,871	7,100

			2020	2019
			8
Due within one year
Maintenance	contribution	debtors	12,600
Other debtors			13,654	2,985
Prepayments	and accrued	income	229,116	89,952
			255,370	92,847

		2020	2019
		6
Other loans		111,516	110,583
Trade creditors		14,893	24,320
Other taxation and social security			9,137
Other creditors		68,015	61,374
Accruals and deferred	income	74,250	37,162
		268,674	242,576

					2020	20'l9
Payable	or	repayable	by	instalments	1,'I01,934	1,214,124
					1,101,934	1,214,124

								Balance at
		Balance at	1					31
		January				Transfers	Gains/	December
		2020		Income	Expenditure	inlout	(Losses)	2020
			2	5	2	E		6
Unrestricted
funds
Designated
funds
Designated	fixed
asset fund		34,164,165			(194,334)			33,969,&31
General funds
General fund		(707,469)		1,284WS	(794,508)	(142,000)	30,78&	(328,720)
Pension reserve		(2&0,000)			(105,000)	142,000	(294,000)	(537,000)
		(987,469)		1,284,469	(&99,508)		(283,212)	(866,720)
Total
Unrestricted
funds		33,176,696		1,254,469	(1,093,&42)	-	(263,212)	33,104,111

Statement	offund	s - prior year
							Balance at
		Baiance et					31
		1January			Transfers	Gains/	December
		2019	income	Expenditure	infout	(Losses)	2019
					2
Unrestricted
funds
Designated
funds
Designated	fixed
asset lund		34,437,652		(286,689)	13,202		34,164,165
General funds
General fund		(968,133)	1,405,038	(1,049,931)	(129,202)	34,759	(707,469)
Pension reserve		(363,000)		(93,000)	116,000	65,000	(280,000)
		(1,331,133)	1,405,038	(1,147,931)	(13,202)	99,759	(987,469)
Total
Unrestricted
funds		33,106,519	1,405,038	(1,434,620)		99,759	33,176,696

Summary offun	ds - prior year
						Balance at
	Balance at					31
	1January			Translars	Gains'	December
	2019	Income f	Expenditure	inrout	(Losses)f	2019
Designated
funds	34,437,652		(285,689)	13,202		34,164,165
General funds	(1,331,133)	1,405,038	(1,147,931)	(13,202)	99,759	(987,469)
	33,'l06, 519	1,405,038	(1,434,620)		99,759	33,'l76, 696

Analysis of net assets between funds - current perio	d
	Unrestricted	Total
	funds	funds
	2020f	2020f
Tangible fixed assets	33,969,831	33,869,831
Fixed asset investments	341,406	341W8
Current asseS	1,171,984	1,171,984
Creditors due within one year	(268,674)	(268,674)
Creditors due in more than one year	(1,573,438)	(1,573838)
Provisions for liabilities and charges	(537,000)	(637,000)
Total	33,104,111	33,104,111

Analysis ofnet assets between funds (continued) Analysis ofnet assets between funds - prior period
		Unrestn'cled	Total
		funds	funds
		2019	2019
		8
Tangible fixed assets		34,164,165	34,184,185
Fixed asset investments		312,063	312,083
Current assets		913,842	913,842
Creditors due within one year		(242,576)	(242,576)
Creditors due in more than one year		(1,690,798)	(1,690,798)
Provisions for liabilities and charges		(280,000)	(280,000)
Total		33,176,696	33,178,696
Reconcigation ofnet movement in funds to net cash flow from operating		activities
		2020	2019
		5	8
Net income for the period (as per Statement of Financial	Activities)	221,415	5,177
Adjustments for:
Depreciation charges		184,334	286,689
Losses on investments		(30,788)	(34,759)
Dividends, interests and rents from investments		(4,837)	(3,991)
Decrease/(increase) in stocks		(1,771)	775
Decrease/(increase) in debtors		(182,523)	11,613
Increase in creditors		18,885	39,148
Loan interest		60,877	65,209
Defined benefit pension scheme finance cost		4,000	9,000
Defined benefit pension scheme cost less contributions	payable	(41,000)	(27,000)
Net cash provided by operating activities		259,702	351,861

Principal actuarial assumptions at the Balance she	et date (expressed as weighted averages):
	At 31	Af31
	December	December
	2020	2019
	4/O
Discount rate	1.4	2
Future salary increases	3.9	3.8
Pension increases	2.4	2.3
CPI inflation	2.4	2.3

Pension commitments (continued)		Yearn
	At 31	At 31
	December	December
	2020	2019
	Years
Mortality rates (in years)
-fora male aged 65now	21.8	22.1
-at 65fora male aged 45 now	23.5	23.1
-forafernale aged 65 now	25	24.5
-at65for a female aged 45 now	26.8	25.9

The Charity's share ofthe assets in the scheme was:
	At 31	At 31
	December	December
	2020 6	2019f
Equities	1,820,000	2,037,000
Ggts	72,000	577,000
Corporate bonds	649,000	228,000
Property	259,000	115,000
Cash and other liquid assets	131,000	9,000
Other	347,000	153,000
Total fair value ofassets	3,278,000	3,119,000

			2020	2019
			6
Current service cost			101,000	89,000
Interest income			(63,000)	(76,000)
Interest cost			67,000	85,000
Total amount recognised	in the Statement offinancial	activities	105,0M	98,000