| Metric | Metric | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Reinvestment | 0 00o/ | Q,QQYo | |||
| New su ply delivered |
Q.QQY' | 0.00'Yo | |||
| Gearing | Q.QQYo | 0.QQYo | |||
| EBITDA (MRI) | Q.QQYo | 0.QQYo | |||
| Headline cost per |
unit | 64,130 | 62,863 | ||
| Operating margin |
(social) | 16.99Yo | 39,71'Yo | ||
| O crating margin | 10.72'/o | 21.77/o | |||
| Return on capital |
employed | 1.27o/o | 3.65Yo |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | f | f | ||||
| TURNOVER | 233,473 | 312,774 | ||||
| Operating costs |
(246,519) | (196,788) | ||||
| OPERATING (DEFICIT)/ SURPLUS | 2/S | (13,046) | 115,986 | |||
| Interest receivable | 4 | 29 | 247 | |||
| (DEFICIT)/SURPLUS | BEFORE TAX | (13,017) | 116,233 | |||
| Taxatlon | ||||||
| (DEFICIT)/SURPLUS | FOR | THE YEAR | (13,017) | 116,233 | ||
| Other recognised gains/(losses) | in the year; Change | in fair value | ||||
| of Investments | 134,074 | (45,443) | ||||
| TOTAL COMPREHENSIVE | INCOME FOR THE YEAR | 121,057 | 70,790 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | E | |||||
| FIXED ASSETS | ||||||
| Housing properties | 285,574 | 299,306 | ||||
| Other tangible fixed | assets | 5,858 | 6,892 | |||
| Investments | 1,516,740 | 1,208,500 | ||||
| 1,808,172 | 1,514,698 | |||||
| CURRENT ASSETS | ||||||
| Debtors | to | 12,752 | 12,314 | |||
| Cash and cash equivalents | 239,477 | 395,218 | ||||
| 252,229 | 407,532 | |||||
| CREDITORS: Amounts | falling due | |||||
| within one year |
Lt | 95,270 | 61,040 | |||
| NET CURRENT ASSETS | 156,959 | 346,492 | ||||
| TOTAL ASSETS LESS CURRENT UABILITIES | 1,965,131 | 1,861,190 | ||||
| CREDITORS: Amounts | falling due after | |||||
| more than one year | 290,833 | 307,949 | ||||
| TOTAL NET ASSETS | 1,674,298 | 1,553,241 | ||||
| CAPITAL AND RESERVES | ||||||
| Revaluation reserves |
15 | 83,384 | 28,437 | |||
| Designated reserves |
14 | 313,572 | 350,586 | |||
| Revenue reserves | 1,277,342 | 1,174,218 | ||||
| TOTAL CAPITAL AND | RESERVES | 1,674,298 | 1,553,241 |
| Revaluation | Designated | Revenue | Total | ||
|---|---|---|---|---|---|
| reserve | reserves | reserves | Reserves | ||
| Balance at 1January 2020 | 91,337 | 282,073 | 1,109,041 | 1,482,451 | |
| Surplus / (deficit) from statement of comprehensive income year ended 31 |
70,790 | 70,790 | |||
| December 2020 —Total Comprehensive | Income | ||||
| Transfer from unrestricted reserves to |
68,513 | (68,513) | |||
| designated reserves |
|||||
| Transfer from revaluation reserves to |
(62,900) | 62,900 | |||
| unrestricted reserves |
|||||
| Balance at 31December 2020 | 28,437 | 350,586 | 1,174,218 | 1,553,241 | |
| Surplus / (deficit) from statement of |
121,057 | 121,057 | |||
| comprehensive income year ended 31 |
|||||
| December 2021 —iotal Comprehensive | Income | ||||
| Transfer from unrestricted reserves to |
(37,014) | 37,014 | |||
| designated reserves |
|||||
| Transfer to revaluation reserves from |
54,947 | (54,947) | |||
| unrestricted reserves |
|||||
| Balance at 31December 2021 | 83,384 | 313)572 | 1(277~342 | 1,674,298 |
| 2021 | 2020 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover E |
Operating costs |
Operating surplus f |
Turnover E |
Operating costs E |
Operating surplus E |
|||||||
| Social Housing | Lettlngs | |||||||||||
| (note 8) Activities other |
than | 167,034 | (142,006) | 25,028 | 171,466 | (103,380) | 68,086 | |||||
| Social Housing | Activities | |||||||||||
| (note C) | 66,439 | (104,513) | (38,074) | 141,308 | (93,408) | 47,900 | ||||||
| TOTAL | 233,473 | (246,519) | (13,046) | 312,774 | (196,788) | 115,986 | ||||||
| (8) PARTICULARS | OF TURNOVER AND OPERATING | EXPENDITURE | FROM SOCIAL | HOUSING | LETTINGS | |||||||
| 2021 | 2020 | |||||||||||
| Income | E | E | ||||||||||
| Rent receivable Amortised social |
net ofvoids housing grant |
149,918 17,116 |
154,350 17,116 |
|||||||||
| Turnover from | Social | Housing Lettlngs |
167,034 | 171,466 | ||||||||
| Operating expenditure |
||||||||||||
| Management gad debts General repairs Major repairs |
37,104 3,310 11,617 10,860 |
36,413 2,513 13,736 |
||||||||||
| Planned repairs |
25,146 | |||||||||||
| Services Depreciation on Depreciation on |
housing properties other fixed assets |
39,203 13,732 1,034 |
35,728 13,774 1,216 |
|||||||||
| Operating expenditure |
on Social Housing | |||||||||||
| Lettings | 142,006 | 103,380 | ||||||||||
| Operating surplus |
on | Social Housing | Lettlngs | 25,028 | 68,086 | |||||||
| Void Losses (being rental income |
lost | as a result | of | property | 7,314 | 2,833 | ||||||
| not being let) |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Income | f | E | |||
| Donations: | Trinity | House, London | 34,965 | 38,850 | |
| Donations: | General | 5,000 | 1322 | ||
| Legacy | 66,245 | ||||
| Investment | income | 26,474 | 34,891 | ||
| Turnover from other activities |
66,439 | 141,308 | |||
| Operating | expenditure | ||||
| Annuity payments |
80,792 | 84,411 | |||
| Management | 22,131 | 7,860 | |||
| National association fees |
595 | 621 | |||
| Other lega |
I fees | 355 | |||
| Sundries | 640 | 516 | |||
| Operating | expenditure | on | other activities | 104,513 | 93,408 |
| Operating | (deficit)/ surplus | on other activities | (38,074) | 47,900 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| E | E | |||
| Bank | interest | receivable | 29 | 247 |
| 29 | 247 |
| 5, | OPERATING (DEFICIT)/ SURPLUS | OPERATING (DEFICIT)/ SURPLUS | OPERATING (DEFICIT)/ SURPLUS | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| The operating | (deficit)/surplus | for the | year | f | E | ||
| is stated after charging: | |||||||
| Depreciation on housing properties |
13732 | 13,774 | |||||
| Depreciation on other fixed assets |
1,034 | 1,216 | |||||
| Amortisatlon of social housing Auditor's remuneration |
grant | (17,116) 6,120 |
(17,116) 6,000 |
||||
| 6, | TAXATION | ||||||
| No liability to taxation arises from the | surplus | arising from rent from members | as the Institution | is entitled | |||
| to relief under S642 ofthe Corporation | Taxes | Act 2010. | |||||
| 7. | TANGIBLE FIXED ASSETS | ||||||
| Housing properties —freehold |
2021 | 2020 | |||||
| E | E | ||||||
| Gross cost | |||||||
| At 1January | 801,210 | 801,210 | |||||
| Additions | |||||||
| Disposals | |||||||
| At 31December | 801,210 | 801,210 | |||||
| Depreciation | |||||||
| At 1January | 501,904 | 488,130 | |||||
| Charge | 13,732 | 13,774 | |||||
| Disposals | |||||||
| At 31December | 515,636 | 501,904 | |||||
| Net book value | 31December | 285,574 | 299,306 | ||||
| 8, | OTHER FIXED ASSETS | ||||||
| 2021 | 2020 | ||||||
| E | f | ||||||
| Cost | |||||||
| At 1January &31December |
41,867 | 41,867 | |||||
| Depreciation | |||||||
| At 1January | 34,975 | 33,759 | |||||
| Charge | 1,034 | 1,216 | |||||
| At 31December | 36,009 | 34,975 | |||||
| Net book value | 31December | 5,858 | 6,892 |
| 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fair value: | E | E | ||||||||
| As at 1January Additions Disposals at opening market value Unrealised gain/(loss) in period Difference between gain on market |
value | and | gain | on | 1,208,500 843,269 (657,043) 54,947 |
1,274,130 712,105 (745,716) (62,900) |
||||
| historical cost |
67,067 | 30,881 | ||||||||
| At 31December | 1,516,740 | 1,208,500 | ||||||||
| UK Equities Non UK Equities UK Bonds Global Funds |
394,215 139,939 218,526 740,016 |
664,924 194,061 335,259 |
||||||||
| Money Market Time | 24,044 | 34,256 | ||||||||
| 1,516,740 | 1,208,500 | |||||||||
| (b) Historic Cost | ||||||||||
| As at 1January Additions Disposais |
1,180,065 843,269 (639,450) |
1,182,794 712,105 (714,834) |
||||||||
| As at 31December | 1,383,884 | 1,180,065 | ||||||||
| (c) Realised Gain/(Losses) | ||||||||||
| 2021 | 2020 | |||||||||
| E | E | |||||||||
| On Cost Less: Difference between cost and fair value |
gains / (losses) | arising | in both | 79,127 (12,060) |
17,457 13,424 |
|||||
| Gain /(loss) realised: fair value disposals |
Difference between | proceeds | and | 67,067 | 30,881 | |||||
| (d) Unreallsed Gain / |
(Loss) | on Fair Value | ||||||||
| 2021 | 2020 | |||||||||
| f | f | |||||||||
| Per investment note Realised gain/(loss) |
on | cost | 54,947 79,127 |
(62,900) 17,457 |
||||||
| Other recognised gains Comprehensive Income |
/ | (losses) | In | Statement | of | 134,074 | (45,443) |
| At the 31 December | At the 31 December | 2021 the following | 2021 the following | 2021 the following | 2021 the following | 2021 the following | indiwdual | Investments | Investments | market value exceeded |
market value exceeded |
market value exceeded |
5% of the total | 5% of the total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| portfolio market | valuation: | ||||||||||||||
| Columbia Thread |
inv | UK | Fund | Class 2 | 6182,766 | ||||||||||
| Jo Hambro Cap Mgmt | UK Equity | E177,796 | |||||||||||||
| Baillie Gifford Managed |
Fund | B Income | E740,016 | ||||||||||||
| 10. | DEBTORS | ||||||||||||||
| 2021 | 2020 | ||||||||||||||
| E | E | ||||||||||||||
| Rent arrears (gross) Less: bad debt provision Other debtors |
16,238 (11,140) 219 |
12,302 (7,790) 219 |
|||||||||||||
| Prepayments and |
accrued income | 7,435 | 7,583 | ||||||||||||
| 12,752 | 12,314 | ||||||||||||||
| 11. | CREDITORS: Amountsfalling | due within | one year | ||||||||||||
| 2021 | 2020 | ||||||||||||||
| E | E | ||||||||||||||
| Rent in advance | 3,807 | 4,683 | |||||||||||||
| Accruals | 15,273 | 10,060 | |||||||||||||
| Other Creditor | 76,190 | 46,297 | |||||||||||||
| 95,270 | 61,040 | ||||||||||||||
| 12. | CREDITORS: Amounts | falling | due after more than one year, including convertible |
debts | |||||||||||
| 2021 | 2020 | ||||||||||||||
| 6 | E | ||||||||||||||
| Social Housing Grant |
(amortised cost) |
290,833 | 307,949 | ||||||||||||
| The Social Housing | Grant | is amortised | in line with the life ofthe 'structure' component, |
at a rate of 2%, and | |||||||||||
| released as 'income' | to | the Statement | of | Comprehensive | Income on that basis. | ||||||||||
| SOCIAL HOUSING | GRANT | ||||||||||||||
| 2021 | 2019 | ||||||||||||||
| Amounts received: |
E | E | |||||||||||||
| At 1January gr 31December |
855,818 | 855,818 | |||||||||||||
| Amortisation t |
|||||||||||||||
| At 1January | 547,869 | 530,753 | |||||||||||||
| Released during | year | 17,116 | 17,116 | ||||||||||||
| At 31December | 564,985 | 547,869 | |||||||||||||
| Carrying value: | |||||||||||||||
| At 31December | 290,833 | 307,949 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| In five years or mare | f 290,833 |
f 307,949 |
||||
| DESIGNA | TED RESERVES | |||||
| 2021 | 2020 | |||||
| Cyclical | ||||||
| Capital | Repairs and | Contingencies | ||||
| As at 1 Transfer revenue |
January 2021 (To) / from reserve |
Account f 148,340 (10,860) |
Maintenance f 134,816 (26,154) |
Fund f 67,430 |
Tota I f 350,586 (37,014) |
Total E 282,073 68,513 |
| As at 2021 |
31 December | 137,480 | 108,662 | 67,430 | 313,572 | 350,586 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Opening Balance Unrealised gains |
/ | (losses) | In | period | 28,437 54,947 |
91,337 (62,900) |
|
| Closing | Balance | 83,384 | 28p437 |
| 19. | ACCOMMODATION MA |
N | AGED BYOTHERS |
||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| General needs housing | units | 30 | 30 | ||
| 20. | ULTIMATE CONTROLLING | PARTY |
| Metric | Metric | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Reinvestment | 0 00o/ | Q,QQYo | |||
| New su ply delivered |
Q.QQY' | 0.00'Yo | |||
| Gearing | Q.QQYo | 0.QQYo | |||
| EBITDA (MRI) | Q.QQYo | 0.QQYo | |||
| Headline cost per |
unit | 64,130 | 62,863 | ||
| Operating margin |
(social) | 16.99Yo | 39,71'Yo | ||
| O crating margin | 10.72'/o | 21.77/o | |||
| Return on capital |
employed | 1.27o/o | 3.65Yo |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | f | f | ||||
| TURNOVER | 233,473 | 312,774 | ||||
| Operating costs |
(246,519) | (196,788) | ||||
| OPERATING (DEFICIT)/ SURPLUS | 2/S | (13,046) | 115,986 | |||
| Interest receivable | 4 | 29 | 247 | |||
| (DEFICIT)/SURPLUS | BEFORE TAX | (13,017) | 116,233 | |||
| Taxatlon | ||||||
| (DEFICIT)/SURPLUS | FOR | THE YEAR | (13,017) | 116,233 | ||
| Other recognised gains/(losses) | in the year; Change | in fair value | ||||
| of Investments | 134,074 | (45,443) | ||||
| TOTAL COMPREHENSIVE | INCOME FOR THE YEAR | 121,057 | 70,790 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | E | |||||
| FIXED ASSETS | ||||||
| Housing properties | 285,574 | 299,306 | ||||
| Other tangible fixed | assets | 5,858 | 6,892 | |||
| Investments | 1,516,740 | 1,208,500 | ||||
| 1,808,172 | 1,514,698 | |||||
| CURRENT ASSETS | ||||||
| Debtors | to | 12,752 | 12,314 | |||
| Cash and cash equivalents | 239,477 | 395,218 | ||||
| 252,229 | 407,532 | |||||
| CREDITORS: Amounts | falling due | |||||
| within one year |
Lt | 95,270 | 61,040 | |||
| NET CURRENT ASSETS | 156,959 | 346,492 | ||||
| TOTAL ASSETS LESS CURRENT UABILITIES | 1,965,131 | 1,861,190 | ||||
| CREDITORS: Amounts | falling due after | |||||
| more than one year | 290,833 | 307,949 | ||||
| TOTAL NET ASSETS | 1,674,298 | 1,553,241 | ||||
| CAPITAL AND RESERVES | ||||||
| Revaluation reserves |
15 | 83,384 | 28,437 | |||
| Designated reserves |
14 | 313,572 | 350,586 | |||
| Revenue reserves | 1,277,342 | 1,174,218 | ||||
| TOTAL CAPITAL AND | RESERVES | 1,674,298 | 1,553,241 |
| Revaluation | Designated | Revenue | Total | ||
|---|---|---|---|---|---|
| reserve | reserves | reserves | Reserves | ||
| Balance at 1January 2020 | 91,337 | 282,073 | 1,109,041 | 1,482,451 | |
| Surplus / (deficit) from statement of comprehensive income year ended 31 |
70,790 | 70,790 | |||
| December 2020 —Total Comprehensive | Income | ||||
| Transfer from unrestricted reserves to |
68,513 | (68,513) | |||
| designated reserves |
|||||
| Transfer from revaluation reserves to |
(62,900) | 62,900 | |||
| unrestricted reserves |
|||||
| Balance at 31December 2020 | 28,437 | 350,586 | 1,174,218 | 1,553,241 | |
| Surplus / (deficit) from statement of |
121,057 | 121,057 | |||
| comprehensive income year ended 31 |
|||||
| December 2021 —iotal Comprehensive | Income | ||||
| Transfer from unrestricted reserves to |
(37,014) | 37,014 | |||
| designated reserves |
|||||
| Transfer to revaluation reserves from |
54,947 | (54,947) | |||
| unrestricted reserves |
|||||
| Balance at 31December 2021 | 83,384 | 313)572 | 1(277~342 | 1,674,298 |
| 2021 | 2020 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover E |
Operating costs |
Operating surplus f |
Turnover E |
Operating costs E |
Operating surplus E |
|||||||
| Social Housing | Lettlngs | |||||||||||
| (note 8) Activities other |
than | 167,034 | (142,006) | 25,028 | 171,466 | (103,380) | 68,086 | |||||
| Social Housing | Activities | |||||||||||
| (note C) | 66,439 | (104,513) | (38,074) | 141,308 | (93,408) | 47,900 | ||||||
| TOTAL | 233,473 | (246,519) | (13,046) | 312,774 | (196,788) | 115,986 | ||||||
| (8) PARTICULARS | OF TURNOVER AND OPERATING | EXPENDITURE | FROM SOCIAL | HOUSING | LETTINGS | |||||||
| 2021 | 2020 | |||||||||||
| Income | E | E | ||||||||||
| Rent receivable Amortised social |
net ofvoids housing grant |
149,918 17,116 |
154,350 17,116 |
|||||||||
| Turnover from | Social | Housing Lettlngs |
167,034 | 171,466 | ||||||||
| Operating expenditure |
||||||||||||
| Management gad debts General repairs Major repairs |
37,104 3,310 11,617 10,860 |
36,413 2,513 13,736 |
||||||||||
| Planned repairs |
25,146 | |||||||||||
| Services Depreciation on Depreciation on |
housing properties other fixed assets |
39,203 13,732 1,034 |
35,728 13,774 1,216 |
|||||||||
| Operating expenditure |
on Social Housing | |||||||||||
| Lettings | 142,006 | 103,380 | ||||||||||
| Operating surplus |
on | Social Housing | Lettlngs | 25,028 | 68,086 | |||||||
| Void Losses (being rental income |
lost | as a result | of | property | 7,314 | 2,833 | ||||||
| not being let) |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Income | f | E | |||
| Donations: | Trinity | House, London | 34,965 | 38,850 | |
| Donations: | General | 5,000 | 1322 | ||
| Legacy | 66,245 | ||||
| Investment | income | 26,474 | 34,891 | ||
| Turnover from other activities |
66,439 | 141,308 | |||
| Operating | expenditure | ||||
| Annuity payments |
80,792 | 84,411 | |||
| Management | 22,131 | 7,860 | |||
| National association fees |
595 | 621 | |||
| Other lega |
I fees | 355 | |||
| Sundries | 640 | 516 | |||
| Operating | expenditure | on | other activities | 104,513 | 93,408 |
| Operating | (deficit)/ surplus | on other activities | (38,074) | 47,900 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| E | E | |||
| Bank | interest | receivable | 29 | 247 |
| 29 | 247 |
| 5, | OPERATING (DEFICIT)/ SURPLUS | OPERATING (DEFICIT)/ SURPLUS | OPERATING (DEFICIT)/ SURPLUS | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| The operating | (deficit)/surplus | for the | year | f | E | ||
| is stated after charging: | |||||||
| Depreciation on housing properties |
13732 | 13,774 | |||||
| Depreciation on other fixed assets |
1,034 | 1,216 | |||||
| Amortisatlon of social housing Auditor's remuneration |
grant | (17,116) 6,120 |
(17,116) 6,000 |
||||
| 6, | TAXATION | ||||||
| No liability to taxation arises from the | surplus | arising from rent from members | as the Institution | is entitled | |||
| to relief under S642 ofthe Corporation | Taxes | Act 2010. | |||||
| 7. | TANGIBLE FIXED ASSETS | ||||||
| Housing properties —freehold |
2021 | 2020 | |||||
| E | E | ||||||
| Gross cost | |||||||
| At 1January | 801,210 | 801,210 | |||||
| Additions | |||||||
| Disposals | |||||||
| At 31December | 801,210 | 801,210 | |||||
| Depreciation | |||||||
| At 1January | 501,904 | 488,130 | |||||
| Charge | 13,732 | 13,774 | |||||
| Disposals | |||||||
| At 31December | 515,636 | 501,904 | |||||
| Net book value | 31December | 285,574 | 299,306 | ||||
| 8, | OTHER FIXED ASSETS | ||||||
| 2021 | 2020 | ||||||
| E | f | ||||||
| Cost | |||||||
| At 1January &31December |
41,867 | 41,867 | |||||
| Depreciation | |||||||
| At 1January | 34,975 | 33,759 | |||||
| Charge | 1,034 | 1,216 | |||||
| At 31December | 36,009 | 34,975 | |||||
| Net book value | 31December | 5,858 | 6,892 |
| 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fair value: | E | E | ||||||||
| As at 1January Additions Disposals at opening market value Unrealised gain/(loss) in period Difference between gain on market |
value | and | gain | on | 1,208,500 843,269 (657,043) 54,947 |
1,274,130 712,105 (745,716) (62,900) |
||||
| historical cost |
67,067 | 30,881 | ||||||||
| At 31December | 1,516,740 | 1,208,500 | ||||||||
| UK Equities Non UK Equities UK Bonds Global Funds |
394,215 139,939 218,526 740,016 |
664,924 194,061 335,259 |
||||||||
| Money Market Time | 24,044 | 34,256 | ||||||||
| 1,516,740 | 1,208,500 | |||||||||
| (b) Historic Cost | ||||||||||
| As at 1January Additions Disposais |
1,180,065 843,269 (639,450) |
1,182,794 712,105 (714,834) |
||||||||
| As at 31December | 1,383,884 | 1,180,065 | ||||||||
| (c) Realised Gain/(Losses) | ||||||||||
| 2021 | 2020 | |||||||||
| E | E | |||||||||
| On Cost Less: Difference between cost and fair value |
gains / (losses) | arising | in both | 79,127 (12,060) |
17,457 13,424 |
|||||
| Gain /(loss) realised: fair value disposals |
Difference between | proceeds | and | 67,067 | 30,881 | |||||
| (d) Unreallsed Gain / |
(Loss) | on Fair Value | ||||||||
| 2021 | 2020 | |||||||||
| f | f | |||||||||
| Per investment note Realised gain/(loss) |
on | cost | 54,947 79,127 |
(62,900) 17,457 |
||||||
| Other recognised gains Comprehensive Income |
/ | (losses) | In | Statement | of | 134,074 | (45,443) |
| At the 31 December | At the 31 December | 2021 the following | 2021 the following | 2021 the following | 2021 the following | 2021 the following | indiwdual | Investments | Investments | market value exceeded |
market value exceeded |
market value exceeded |
5% of the total | 5% of the total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| portfolio market | valuation: | ||||||||||||||
| Columbia Thread |
inv | UK | Fund | Class 2 | 6182,766 | ||||||||||
| Jo Hambro Cap Mgmt | UK Equity | E177,796 | |||||||||||||
| Baillie Gifford Managed |
Fund | B Income | E740,016 | ||||||||||||
| 10. | DEBTORS | ||||||||||||||
| 2021 | 2020 | ||||||||||||||
| E | E | ||||||||||||||
| Rent arrears (gross) Less: bad debt provision Other debtors |
16,238 (11,140) 219 |
12,302 (7,790) 219 |
|||||||||||||
| Prepayments and |
accrued income | 7,435 | 7,583 | ||||||||||||
| 12,752 | 12,314 | ||||||||||||||
| 11. | CREDITORS: Amountsfalling | due within | one year | ||||||||||||
| 2021 | 2020 | ||||||||||||||
| E | E | ||||||||||||||
| Rent in advance | 3,807 | 4,683 | |||||||||||||
| Accruals | 15,273 | 10,060 | |||||||||||||
| Other Creditor | 76,190 | 46,297 | |||||||||||||
| 95,270 | 61,040 | ||||||||||||||
| 12. | CREDITORS: Amounts | falling | due after more than one year, including convertible |
debts | |||||||||||
| 2021 | 2020 | ||||||||||||||
| 6 | E | ||||||||||||||
| Social Housing Grant |
(amortised cost) |
290,833 | 307,949 | ||||||||||||
| The Social Housing | Grant | is amortised | in line with the life ofthe 'structure' component, |
at a rate of 2%, and | |||||||||||
| released as 'income' | to | the Statement | of | Comprehensive | Income on that basis. | ||||||||||
| SOCIAL HOUSING | GRANT | ||||||||||||||
| 2021 | 2019 | ||||||||||||||
| Amounts received: |
E | E | |||||||||||||
| At 1January gr 31December |
855,818 | 855,818 | |||||||||||||
| Amortisation t |
|||||||||||||||
| At 1January | 547,869 | 530,753 | |||||||||||||
| Released during | year | 17,116 | 17,116 | ||||||||||||
| At 31December | 564,985 | 547,869 | |||||||||||||
| Carrying value: | |||||||||||||||
| At 31December | 290,833 | 307,949 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| In five years or mare | f 290,833 |
f 307,949 |
||||
| DESIGNA | TED RESERVES | |||||
| 2021 | 2020 | |||||
| Cyclical | ||||||
| Capital | Repairs and | Contingencies | ||||
| As at 1 Transfer revenue |
January 2021 (To) / from reserve |
Account f 148,340 (10,860) |
Maintenance f 134,816 (26,154) |
Fund f 67,430 |
Tota I f 350,586 (37,014) |
Total E 282,073 68,513 |
| As at 2021 |
31 December | 137,480 | 108,662 | 67,430 | 313,572 | 350,586 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Opening Balance Unrealised gains |
/ | (losses) | In | period | 28,437 54,947 |
91,337 (62,900) |
|
| Closing | Balance | 83,384 | 28p437 |
| 19. | ACCOMMODATION MA |
N | AGED BYOTHERS |
||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| General needs housing | units | 30 | 30 | ||
| 20. | ULTIMATE CONTROLLING | PARTY |