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