##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|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|||
##
##