2021-08-31-accounts

CONTENTS			PAGE	PAGE
Registered Social Housing Provider	Information
Report ofthe Executive Committee				2-3
Statement of Executive Committee	responsibilities
Accountants Report to the Board
Statement of Comprehensive Income (including		Income and Expenditure	Account)	6
Balance sheet
Notes to the financial statements				8-13

Executive	Committee	(Directors):	Mrs K L EGibson	Mrs K L EGibson
			Mr BWalmsley
			Ms L Whitworth
			Mrs M V Duckett
			Mr K Duckett
Company	Secretary:		Ms LWhitworth
Establishment:			The Society is	governed			by its
			Memorandum	and	Articles ofAssociation
			and is a company		limited		by guarantee
Registered	Office:		Howard House
			352Garstang	Road
			Fulwood
			Preston
			Lancashire
			PR2 9RY
Bankers:			National Westminster			Bank pic
			292 Garstang	Road
			Fulwood
			Preston
			PR2 4RG
Accountants:			S M Robinson	ACA
			Champion Chartered			Accountants
			7-9 Station Road
			Hesketh Bank
			Preston
			PR4 6SN

				2021	2020
			Notes	E
Turnover				108,695	121,065
Less: Operating	Costs			(115,985)	(122,073)
Operating Surplus/(Deficit)				(7,000)	(1.008)
Interest payable					(16)
Interest receivable		and similar income		5,574	5,805
Surplus/(Deficit)		for the year		(1,716)	4,781

S AT 31 AU	GUST 20	21
					2021		2020
				Notes	E	E	E
Fixed Assets
Housing properties —depreciated			cost		116,858		120,994
Other tangible	fixed assets				3,903		4,592
						120,761		125,584
Current assets
Debtors and	prepayments				2,024		1,309
Cash at bank	and in hand				484,792		470,008
					486,816		471,317
Creditors: Amounts		falling due
within one year				8	(23,220)		(10,825)
Net current assets						463,596		460,492
Total assets	less current liabilities					584,357		586,076
Capital and	reserves
Revenue and	reserves					584,357		586,076

2	TURNOVER
						2021	2020
						6	6
	Residential	Char		es
	Rents receivable					108,695	121,065
	Net surplus	from		social housing	activities	108,695	121,065
	Void losses						~96
	Other Income
	Donations
	COIF interest					14	471
	Income from		solar panels			1,060	834
	Rent receivable					4,500	4,500
						5,574	5,805
3	OPERATING	SURPLUS/ DEFICIT
	Operating Surplus/			Deficit is stated after charging:
						2021	2020
						6	E
	Depreciation		and	amortisation	ofowned assets	~42	4 941

	2021	2020
	K
Employee costs	49,535	48,498
Food and household costs	22,284	22,667
Rates, insurance and licences	7,997	7,640
Heating, light and cleaning	8,663	10,080
Repairs and maintenance	11,778	18,304
Office and sundry expenses	3,903	3,126
Residents Christmas party and outings
Helpline costs	1,761	1,761
Affiliation fees	2,910	2,854
Auditors 8 accountancy	2,335	2,202
Depreciation of property	4,131	4,131
Depreciation offixtures and fittings	689	810
	115,985	122,073

							2021	2020
The average monthly		number	of employees,		including
part time employees
The average number		ofpersons		employed
during the year (expressed in			full time equivalents)			was:
Office staff
Wardens,	caretakers			and cleaners			2	2
							2021	2020
Staff costs (including		members		ofthe Board)			6	6
Wages and		salaries					49,535	48,498
Social Security costs
							49,535	48,498

TANGIBLE FIXEDASSETS
		Freehold	Fixtures
		Land and	and	Total
		Buildings	Fittings
		K	6
Cost:
At 1 September 2020		196,237	71,461	267,698
Additions
At 31August 2021		196,237	71,461	267,698
Depreciation:
At 1 September 2020		75,243	66,869	142,112
Charge for year		4,131	689	4,820
At 31 August 2021		79,379	67,558	146,937
Net Book Value:
At 31 August 2021		116,858	3,903	120,761
At 31 August 2020		120,994	4,592	125,586
All fixed assets are used for direct charitable	purposes.

		2021	2020
Amounts	falling due within one year:	6	6
Other debtors		2,024	1,309
		2,024	1,309

8	CREDITORS - AMOUNTS	CREDITORS - AMOUNTS	CREDITORS - AMOUNTS	FALLING	FALLING	DUE WITHIN ONE	YEAR
							2021	2020
								6
	Trade creditors
	Taxation	and social security payable					1,234	1,002
	Accruals	and deferred	income				21,986	9,823
							23,220	10,825
	The charity	aims to pay	purchase		invoices within 30days		of receipt.
9	RELATED	PARTIES
	No related	party transactions		have	taken place during the		year.
10	COMPANY	STATUS
	The company is limited		by guarantee			and as such has no	share capital.
11	UNRESTRICTED INCOME			SEXPENDITURE RESERVE
							2021	2020
							E
	Retained	surplus brought		forward
	at 1 September 2020						586,076	581,297
	Retained	surplus/(deficit)		for the	year		(1,716)	4,781
	Retained	surplus carried forward
	at 31 August 2021						584,362	586,078
	The company has no		restrictions		on	the use of retained	surplus.
12	UNITS
							Units at	Units at
							Start	End
	Social housing for older people				- owned		9	9