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|AND ADMINISTRATIVE
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|||
||YO187EL|||
|Advisors:||||
|Auditors:|Hallgarth
Audit Ltd|||
||Chartered
Accountants|||
||2 Hallgarth,
Pickering,||North Yorkshire|
||YO187AW|||
|Accountants:|Hallgarth
Accountants||Ltd|
||Chartered
Accountants|||
||2 Hallgarth,
Pickering,||North Yorkshire|
||YO187AW|||
|Bankers:|National
Westminster||Bank Pic|
||27 Yorkersgate|||
||Malton, North Yorkshire|||
||YO!77AZ|||
|Stockbrokersi|Messrs Redmayne|Bentley||
||9Bond Court|||
||Leeds|||
||LS!2JZ|||
|Solicitors:|Crombie Wilkinson|LLP||
||Clifford House|||
||19Clifford Street|||
||York|||
||Yol 9RJ|||
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|||2023|2022|
|---|---|---|---|
||Notes|||
|TURNOVER||47,917|44,515|
|OPERATING COSTS||70993|64 135|
|OPERATING (DEFICIT)||(23,076)|(19,620)|
|NET (LOSSES)/ SURPLUS ON INVESTMENTS||(94,475)|67,293|
|INTEREST RECEIVABLE AND OTHER INCOME||43,459|46,074|
|INTEREST PAYABLE AND SIMILAR CHARGES||{2831)|{5461)|
|(DEFICIT)/ SURPLUS FOR THE YEAR||~69|~26|
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|||||2023|2022|
|---|---|---|---|---|---|
|||Notes|||f,|
|TANGIBLE FIXEDASSETS||||||
|Housing
properties —depreciated|costs|||992,053|1,019,290|
|Investments
Other||||822,258
248|925,941
~31|
|||||1,814,559|1,945,541|
|CURRENT ASSETS||||||
|Debtors||10|4,813||4,301|
|Cash at bank and in hand|||52648||62 020|
||||57,461||66,321|
|CREDITORS: Amounts falling due
Within one year||11|~45 086||69009|
|NET CURRENT ASSETS/ LIABILITIES||||12375|~2688|
|TOTAL ASSETSLESS CURRENT||||||
|LIABILITIES||||1,826,934|1,942,853|
|CREDITORS: Amounts falling due
after more than one year||12||~530047|{5569043|
|CAPITAL AND RESERVES||||||
|Revenue reserve||13||1,000,133|999,596|
|Designated
reserve
Bequest accounts
Revaluation
reserve||13
13
13||52,353
194,081
50,318|52,353
194,081
127,778|
|Restricted
fund||13||2
~1296|2
~IO|
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|sis as foll|ows:||||
|---|---|---|---|---|
|||||Basis|
|Furniture,|fixtures,|fittings and equipment|20'/B|Reducmg balance|
|Freehold|housing|properties|2'/B|Straight line|
|Roof|||3.33'/o|Straight line|
|Kitchen,|bathroom|& boiler|4'/B|Straight line|
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|Par
'|lars of|turnove|r
cost of|sales o er tin|costs and|o
ratin
de|ficit|||
|---|---|---|---|---|---|---|---|---|---|
||||||2023|||2022||
||||||Cost of|Operating|Operating||Operating|
|||||Turnover|sales|costs|deficit|Turnover|deficit|
|Social|housing|lettings|(WMC)|46,112||47,798|(1,686)|44,259|(6,089)|
|Other|activities|||I 805||23 195|~21 390|256|~13531|
|Total|||||||~2|~44
I|~2|
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|Particulars ofincome|a|nd|expe|n|di|ture
from social housing
letti|ngs|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||General|||||
||||||||Needs|Supported|||2022|
||||||||housing|housing|Other|Total|Total|
|Social housing
lettings|(WMC) net||||of|||||||
|Identifiable
service charges|||||||42,212|||42,212|40,411|
|Service income|||||||3900|||3 900|3,848|
|Gross social housing
lettings (WMC)|||||||46,112|||46,112|44,259|
|Net social housing
lettings (WMC)|||||||46,112|||46,112|44,259|
|Housing
corporation||grants||for||major||||||
|repairs||||||||||||
|Other Housing
Corporation|||revenue|||grants||||||
|Other revenue
grants||||||||||||
|Turnover
from social||||||||||||
|Housing
letting
Management
Services|||||||46,112
9,898
5,554|||46,112
9,898
5 554|44 259
9,981
6078|
|Routine maintenance|||||||5,108|||5,108|7,051|
|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||47798|||47,798|50 348|
|Operating
deficit on
Social housing
lettings|(WMC)||||||I 686|||I 686|6089|
|||||||||||2023|2022|
|The above figures reflect|||rent|losses due to voids as follows:-||||||(t[5.||
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
|2(c)|Particulars ofincome and ex enditure|from other|activities|||||
||Grant received||||160||160|
||Donations|||1|645||96|
||Management|||14,888||12,302||
||Routine maintenance|||8,279||1,450||
||Depreciation ofproperty||||28||35|
||Operating
costs on other activities
Operating
(deficit) on other activities|||~21||13
8
~1||
|3|Em lo
informatio|||||||
||The average weekly number ofpersons|employed|during the year was:|||||
||Office staff|||||||
||Staff costs (for the above)|||||||
||Wages and salaries|||||||
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|4|Interest receivable
and
imilar|income|||||||
||Income from fixed assets and|investments|||||43,459|46,074|
||Other interest receivable||||||||
|5|Interest
a able and similar char||es||||||
||On bank loans, overdratts
and|other loans:|||||||
||Repayable
wholly or partly|in more than five years|||||||
|6|Sur lus/
Deficit
on ordina|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||||||2~20||
||For other services||||||||
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||Freehold|||||||
|---|---|---|---|---|---|---|---|
||housing|||||||
||Properties|Fixtures,||||||
||held for|fittings|and|2023||2022||
||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||~1||~21|52|~11|28|
|D~iti||||||||
|At beginning
ofyear
Charge for the year
Disposals
At end ofyear|177,594
27,238
~2|18,332
62
~18||195,926
27,300
~22
22||168,611
27,315
~19 92||
|Net book value||||||||
|At 31March 2023
At 31March 2022|||~1|~ll||~1
~146|91|
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|The invest|ments
held|are as follows:-|||
|---|---|---|---|---|
||||2023|2022|
||||g||
|Cost or base cost|||||
|At beginning ofyear
Additions|||798,164
314,041|749,074
477,995|
|Disposals|||-340265|-428 905|
|At end of|year||||
|Market value|||||
|At beginning ofyear
Additions|||925,941
314,041|858,370
477,995|
|Disposals|||-323249
916,733|-477708
858,657|
|Net gain/|(loss) on investments||-94475|67284|
|At end of|year||822 2|2
9
1|
|Listed investments|||612,071|712,670|
|Common|investment|funds|210 187|213271|
||||~222 8|925 941|
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||||2023|2022|
|---|---|---|---|---|
|10|Debtors:
Amounts falling due within|one year|||
||Maintenance
debtors||||
||Other debtors||4 813|4 301|
|||||~4|
|11|Creditors:
Amounts falling due within one year||||
||Loan repayable
within one year (see note 12)
Housing
grant
Other accruals and deferred income||26,376
12,620
6090|50,732
12,620
5 657|
||||~4||
|12|CreditrCri
Amounts falling due after|more than one year|||
||H~it:||||
||The housing
grant is held in creditors|and released over the useful|life ofthe structure|which is estimated|
||to be 50years.||||
||||2023|2022|
||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||479 567|492 187|
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|The loan ha
is repayable|s been secured with a
as follows:-|fixed legal|charge over|the Association's
housing
prop|erties.
The loan|
|---|---|---|---|---|---|
|||||2023|2022|
|Repayable
Between|over one year:
one and two years||||26,376|
|Between|three and five years|||||
|In five years or more|||||26,376|
|Repayable|within one year (see note 11)||||50732
~108|
|The loan is|repayable
by monthly|instalments|and interest|is charged at 5.25%.||
|Total amounts
falling due after more than one|||year||~43|
||||[17]|||
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|Revaluation|reserve||||
|---|---|---|---|---|
||||2023|2022|
|Investment|revaluation|reserve|~1|~12|
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|i al com|mitments||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Expenditure|contracted|for|and not provided|for|||
|Expenditure|approved|and|contracted for||||
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|2022
Total|||||||2023
Total|Housing
M~|Services|Repairs
Current|Depreciation
Housing
~pro eriies|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||Estate Costs||||||||||
||7,051|Repairs|||||5,108|||5,108||
||1,419|Insurance|||||1,593|1,593||||
||6,057|Telephone &||Lifeline|||5,537||5,537|||
|||Electricity||||||||||
|||Office overheads||||||||||
||620|Accountancy|||||740|740||||
||1,240|Audit|||||1,360|1,360||||
||548|Subscription|||||888|888||||
||6,133|Secretarial expenses|||||5,300|5,300||||
||42|Depreciation||—office||equipment|34|17|17|||
|27238
~04||Depreciation-||housing||properties|27238||~4|~51|27238
~2|
|Mn|mn|||herse||i||||||
||2022||||||2023|||||
||1,450|Repairs|||||8,279|||||
||2,370|Insurance|||||2,485|||||
||620|Accountancy|||||740|||||
||1,240|Audit|||||1,360|||||
||1,676|Sundries|||||2,963|||||
||379|Heating|||||529|||||
||308|Cleaner|||||777|||||
||35|Depreciation
Investment|(inci. loss on sale)
admin fee||||28
~34|||||
|||Total management|||expenses||0 99|||||