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|AND AD|MINISTRATIVE
INFORM|ATION|ATION|ATION|
|---|---|---|---|---|
|Full name|ofthe Charity:|Lady Lumley's
Almshouses|||
|Registered|Charity number:|229068|||
|HCA Registered number:||A3567|||
|Registered|Office ofthe Charity:|73 Outgang Road|||
|||Pickering|||
|||North Yorkshire|||
|||YO18 7EL|||
|Advisors:|||||
|Auditors:||Hallgarth
Accountants||Ltd|
|||Chartered
Accountants|||
|||2 Hallgarth,
Pickering,||North Yorkshire|
|||YO18 7AW|||
|Bankers:||National
Westminster||Bank Plc|
|||27 Yorkersgate|||
|||Malton, North Yorkshire|||
|||YO17 7AZ|||
|Stockbrokers:||Messrs Redmayne|Bentley||
|||9Bond Court|||
|||Leeds|||
|||Lsl 2JZ|||
|Solicitors.||Crombie Wilkinson|LLP||
|||Clifford House|||
|||19Clifford Street|||
|||York|||
|||Yol 9RJ|||
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|||2022|2021|
|---|---|---|---|
||Notes|||
|TURNOVER||44,515|43,157|
|OPERATING COSTS||64 135|63276|
|OPERATING (DEFICIT)||(19,620)|(20,119)|
|NET SURPLUS/ (LOSSES)ON INVESTMENTS||67,293|97,698|
|INTEREST RECEIVABLE AND OTHER INCOME||46,074|44,078|
|INTEREST PAYABLE AND SIMILAR CHARGES||(5 461)|{7895)|
|SURPLUS/(DEFICIT) FOR THE YEAR||||
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|||||2022|2021|
|---|---|---|---|---|---|
|||Notes||||
|TANGIBLE FIXEDASSETS||||||
|Housing
properties —depreciated|costs|||1,019,290|1,046,527|
|investments||||925,941|858,370|
|Other||||310||
|||||1,945,541|1,905,284|
|CURRENT ASSETS||||||
|Debtors||10|4,301||4,127|
|Cash at bank and in hand|||62020||75 472|
||||66,321||79,599|
|CREDITORS: Amounts falling due||||||
|Within one year||11|~69009||66963|
|NET CURRENT ASSETS/ LIABILITIES||||~2688|12636|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||||1,942,853|1,917,920|
|CREDITORS: Amounts falling due||||||
|after more than one year||12||~569043|~632 394|
|CAPITAL AND RESERVES||||||
|Revenue reserve||13||999,596|929,794|
|Designated
reserve||13||52,353|52,353|
|Bequest accounts||13||194,081|194,081|
|Revaluation
reserve||13||127,778|109,296|
|Restricted
fund||13||2|2|
|||||~1|~1|
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|sis as foll|ows:|||||
|---|---|---|---|---|---|
||||||Basis|
|Furniture,|fixtures,|fittings|and equipment|20%|Reducing balance|
|Freehold|housing|properties||2%|Straight line|
|Roof||||3.33%|Straight line|
|Kitchen,|bathroom|&boiler||4%|Straight line|
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|Particu|lar
|turnove|r
costo|
1
o eratin|costs and|o eratin
de|ficit|||
|---|---|---|---|---|---|---|---|---|---|
||||||2022|||2021||
||||||||||Operating|
||||||Cost of|Operating|Operating||Surplus/|
|||||Turnover|sales|costs|(deficit|Turnover|Deficit|
|Social|housing|lettings|(WMC)|44,259||50,348|(6,089)|42,921|(3,336)|
|Other|activities|||256||13787|~13531|236|~16783|
|Total||||~44||~64|~1|~41|~0|
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||||||||General|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Needs|Supported|||2021|
||||||||housing|housing|Other|Total|Total|
|Social housing
lettings|(WMC) net||||of|||||||
|Identifiable
service charges||||||||||||
||||||||40,411|||40,411|37,081|
|Service income|||||||3,848|||3,848|5,840|
|Gross social housing
lettings (WMC)|||||||44,259|||44,259|42,921|
|Net social housing
lettings (WMC)|||||||44,259|||44,259|42,921|
|Housing
corporation||grants||for||major||||||
|repairs||||||||||||
|Other Housing
Corporation|||revenue grants|||||||||
|Other revenue
grants||||||||||||
|Turnover
from social||||||||||||
|Housing
letting|||||||44,259|||44,259|42,921|
|Management|||||||9,981|||9,981|9,484|
|Services|||||||6,078|||6,078|5,656|
|Routine maintenance|||||||7,051|||7,051|3,879|
|Planned
maintenance||||||||||||
|Major repairs expenditure||||||||||||
|Bad debts||||||||||||
|Property
leasing charges||||||||||||
|Depreciation ofhousing||properties||||||||||
||||||||27,238|||27,238|27,238|
|Impairment
ofhousing|properties|||||||||||
|Other costs||||||||||||
|Operating
costs on social||housing|||lettings|||||||
||||||||50,348|||50 348|46,257|
|Operating
deficit on
Social housing
lettings|(WMC)||||||(6,089)|||6,089)|3,336|
|||||||||||2022|2021|
|The above figures reflect|||rent|losses due to voids as follows:-|||||||8Z6|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|2(c)|Particulars ofincome|and ex enditure|from other|activities|||
||Grant received||||160|160|
||Donations||||96|76|
||||||256|~2|
||Management||||12,302|14,688|
||Routine maintenance||||1,450|2,285|
||Depreciation ofproperty||||35|46|
||Operating
costs on other activities||||||
||Operating
(deficit) on other activities||||||
|3|1
ee information||||||
||The average weekly|number ofpersons|employed|during the year was;|||
||Office staff||||||
||Staff costs (for the above)||||||
||Wages and salaries||||||
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||||||2022|2021|
|---|---|---|---|---|---|---|
|4|Interest receivable
and similar|income|||||
||Income from fixed assets and|investments|||46,074|44,078|
||Other interest receivable||||4~||
|5|Interest
a able and similar char es||||||
||On bank loans, overdrafts
and|other loans:|||||
||Repayable
wholly or partly|in more than five years|||||
|6|Sur
lus/
Deficit
on ordinar|activities before taxation|||||
||Surplus/
(Deficit) on ordinary|activities|before taxation|is stated after|||
||charging:||||||
||Depreciation:||||||
||Tangible
owned fixed assets||||||
||Auditors'
remuneration:||||||
||In their capacity as auditors|||||~24|
||For other services|||||~24|
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|T~il
q
d
1||||||
|---|---|---|---|---|---|
||Freehold|||||
||housing|||||
||Properties|Fixtures,||||
||held for|fittings|and|2022|2021|
||letting|equipment||Total|Total|
|Cost or valuation||||||
|At beginning ofyear|1,196,885||18,643|1,215,528|1,215,528|
|Additions
Disposals
At end ofyear
D~||||~2|1 215528|
|At beginning ofyear|]50,356||18,255|168,611|]41,276|
|Charge for the year
Disposals
At end ofyear|27,238||77|27,315|27,335
~1|
|Net book value||||||
|At 31 March 2022
At 31 March 2021||||~14|~2|
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|||||2022|2021|
|---|---|---|---|---|---|
|Cost or base||cost||||
|At beginning||ofyear||749,074|707,375|
|Additions||||477,995|726,542|
|Disposals||||-428 905|-684 843|
|At end of|year|||||
|Market value||||||
|At beginning||ofyear||858,370|822,091|
|Additions||||477,995|726,542|
|Disposals||||-477 708|-787 961|
|||||858,657|760,672|
|Net gain/|(loss) on investments|||67284|97698|
|At end of|year|||||
|Listed investments||||712,670|639,259|
|Common|investment||funds|213271|219111|
|||||~925 94||
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|||2022||2021I|
|---|---|---|---|---|
|10|Debtors'
Amounts falling due within one year||||
||Maintenance
debtors||||
||Other debtors|4 301||4 127|
|||~4|||
|11|Creditors:
Amounts falling due within one year||||
||Loan repayable
within one year (see note 12)|50,732||48,101|
||Housing
grant|12,620||12,620|
||Other accruals and deferred
income|5657||6242|
|12|Creditors:
Amounts
falling due after more than oneyear||||
||~H||||
||The housing
grant is held in creditors and released over the useful|life ofthe structure|which|is estimated|
||to be 50 years.||||
|||2022||2021|
||Repayable
over one year:||||
||Between one and two years|12,620||12,620|
||Between three and five years|37,860||37,860|
||In five years or more|492 187||504 807|
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|Loan:|Loan:||||
|---|---|---|---|---|
|The loan has been secured with a fixed legal charge over the Association's||housing|properties.|The loan|
|is repayable|as follows:-||||
|||2022||2021|
|Repayable|over one year:||||
|Between|one and two years|26,376||50,731|
|Between|three and five years|||26,376|
|ln five years or more|||||
|||26,376||77,107|
|Repayable|within one year (see note 11)|50732||48 101|
|||||~12|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||Expenditure||contracted|for|and not provided|for|||
||Expenditure||approved|and|contracted for||||
|17|C~it|I|||||||
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|ement
expe|nses —Socia|l|Housing|Lettings|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Depreciation||
|202i|||||2022||Housing|||Repairs|Housing||
|Total|||||Total||~M||Services|Current|P~ro|rties|
||Estate Costs||||||||||||
|3,879|Repairs||||7,051|||||7,051|||
|1,458
5,630|Insurance
Telephone|2|Lifeline||1,419
6,057||1,419||6,057||||
|204|Electricity||||||||||||
||Office overheads||||||||||||
|620|Accountancy|||||620||620|||||
|1,240|Audit||||1,240||1,240||||||
|756|Subscription|||||548||548|||||
|5,180|Secretarial|expenses|||6,|133|6,|133|||||
|52|Depreciation||—office|equipment||42||21|21||||
|27 238|Depreciation-||housing|properties|27|238||||||27238|
|4~25|||||~50|34|||||||
|2021||||2022|
|---|---|---|---|---|
|2,285|Repairs|||1,450|
|2,502|Insurance|||2,370|
|620|Accountancy|||620|
|1,240|Audit|||1,240|
|3,903|Sundries|||1,676|
|560|Heating|||379|
|524|Cleaner|||308|
|46
~9|Depreciation
Investment|(incl.
admin|loss on sale)
fee|35|
|~1019||||13732|
|63 276|Total management||expenses|6441.|