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2021-09-30-accounts
| Trustees/Directors |
ADRobinson(Chairman) |
|
PCollins |
|
P RLenel-resigned4larutary2021 |
|
M Wild-appointed8April2021 |
|
CAWild |
|
VEFisher |
|
ChesterCity CouncilRepresentative:-none |
| Companysecretary |
PCollins |
| Administrator |
BA Knight |
| Company RegistrationNumber |
00778105 |
| Charity Number |
233470 |
| RegisteredOfficeandPrincipal |
3QueensPark Road |
| Address |
Handbridge |
|
Chester |
|
CHA7AD |
| IndependentExaminers |
UlfYHackerYoung |
|
CharteredAccountants &RegisteredAuditors |
|
StJohn's Chambers |
|
Love Street |
|
Chester |
|
cH11QN |
| Solicitors |
DTMLegalLLP |
|
ArchwayHouse |
|
Station Road |
|
Chester |
|
CH13DR |
| Bankers |
LloydsBankplc.Chester |
| CONTENTS |
PAGE |
| Companylnformation |
3 |
| Reportof the Trustees(incorporatingthedirectors report) |
4-7 |
| Statement of Trustees' Responsibilities |
8 |
| Independent Examiner's Report |
9 |
| StatementofFinancialActivities(incorporatingtheincomeand |
10 |
| expenditureaccount) |
|
| Statement ofFinancial Position |
11 |
| Notes to theFinancialStatements |
t2-79 |
| DetailedIncome andExpenditure Account |
20-22 |
|
Bed |
Insurance |
Historical |
Book value |
|
Spaces |
Value |
Cost |
2027 |
|
|
(Excluding |
(Including |
|
|
|
land) |
land) |
|
|
|
f, |
t, |
f, |
| QueensPark Road,HandbridgeChester |
12 |
1,139,650 |
693,438 |
418,327 |
| 101ChristletonRoad,Boughtor;Chester |
8 |
675,498 |
82,068 |
50,727 |
|
|
|
|
468,4s4 |
|
Note |
2027 |
2020 |
|
|
t |
E |
| INCOME |
|
|
|
| Lrcomefromgeneratedfunds |
|
|
|
| Voluntaryincome |
|
434 |
463 |
| Investment income |
4 |
2,070 |
2,022 |
| Incomefromcharitable activities |
|
|
|
| Residents services |
2e |
776,37"1, |
1,82,369 |
| Realised (loss)igain oninvestrnentassets |
|
1,255 |
(3,190) |
| AmortisationofSocialHousing Grant |
15 |
10,054 |
10,054 |
| Total income |
|
190,lU |
191,7'1.8 |
| EXPENDITURE |
|
|
|
| Expenditureon charitableactivities |
5 |
(233,597) |
(240,438) |
| Net income/(expenditure) before gains and |
|
(43,413) |
(48,720) |
| losses |
|
|
|
| Netgarn/(\oss) oninvestmentassets |
9 |
11,876 |
1,475 |
| Net expenditureandnet movementinfunds |
|
(31,537) |
(47,245) |
| Unrestrictedincomefunds broughtforward |
|
314,174 |
361,417 |
| Unrestrictedincomefunds carriedforward |
|
282,637 |
314,172 |
| YEAR E |
NDED30 |
SEPTEMBER |
2021 |
|
|
|
Notes |
202't. |
|
2020 |
|
|
|
t |
f, |
E |
f |
| FIXEDASSETS |
|
|
|
|
|
| Tangibleassets |
8 |
|
500,796 |
|
522,622 |
| Investments |
9 |
|
86,827 |
|
102,529 |
| TOTALFIXEDASSETS |
|
|
587,623 |
|
625,151 |
| CURRENTASSETS |
|
|
|
|
|
| Stocks |
10 |
580 |
|
s80 |
|
| Debtors |
71 |
4,437 |
|
1,,331, |
|
| Cashondeposit |
12 |
'1,0,5'1,6 |
|
4,51,5 |
|
| Cashatbankandinhand |
|
2,253 |
|
79,254 |
|
|
|
77,786 |
|
25,580 |
|
| CREDITORS: Amountsfallingduewithin |
|
|
|
|
|
| oneyear |
13 |
(21,261) |
|
(2s,094) |
|
| NET CURRENTASSETS |
|
|
(3,475) |
|
586 |
| TOTALASSETS LESSCURRENTLIABILITIES |
|
|
5U,148 |
|
625,737 |
| CREDITORS: Amountsfallingdueafter |
74 |
|
|
|
|
| oneyear |
|
|
(301,511) |
|
(311,565) |
| NETASSETS |
|
|
282,637 |
|
374,772 |
| FUNDS |
|
|
|
|
|
| Unrestrictedincomefunds |
|
|
|
|
|
| Designatedfunds |
t9 |
M,120 |
|
4,120 |
|
| Unrestrictedincomefunds |
|
222,065 |
|
262,251, |
|
| Revaluationreserve-Investments |
|
76,452 |
|
7,90'1, |
|
| Total unrestricted funds |
|
|
282,637 |
|
31.4,172 |
| TOTAL CHARITYFUNDS |
20 |
|
282,637 |
|
314,172 |
| (DEFICIT)ON ORDINARY ACTIVITIES |
|
|
|
2027 |
2020 |
|
E |
f, |
| Deficitonordinaryactivitiesbeforetaxationisarrivedataftercharging: |
|
|
| Depreciation |
23,275 |
24,934 |
| Lrdependent examiner's remuneration,includingvat |
|
|
| Accountanry |
4,030 |
4,042 |
| [edependent examination |
1,010 |
1,0L0 |
| INVESTMENT INCOME |
|
|
|
2021 |
2020 |
|
f, |
f, |
| Bankinterest |
1. |
8 |
| Dividends(re-invested) |
2,069 |
2,0'1,4 |
|
2,070 |
2,022 |
| EXPENDITURE |
|
|
|
|
|
|
|
Staff |
Deprec |
Direct |
Other |
2027 |
2020 |
|
costs |
'iation |
costs |
|
Total |
Total |
|
t |
f, |
t |
f, |
t |
f, |
| Charitable activities |
|
|
|
|
|
|
| Residents services |
97,063 |
23,275 |
82,764 |
25,455 |
228,557 |
235,386 |
| Governancecosts |
|
|
|
|
|
|
| Independent Examination |
|
|
|
5,040 |
5,040 |
5,052 |
| and accountancy |
|
|
|
|
|
|
|
97,063 |
23,275 |
91,941. |
26,722 |
233,597 |
240,438 |
| EMPLOYEEINFORMATION |
|
|
|
2027 |
2020 |
|
c |
t |
| Wagesand salaries |
93,093 |
90,977 |
| Socialsecuritycosts |
2,542 |
4,972 |
| Pensioncosts |
1,,428 |
1,,052 |
|
97,063 |
96,94't |
|
|
202'.1 |
2020 |
|
|
No. |
No. |
| Housekeepers and assistants |
Full time |
2 |
2 |
|
Parttime |
6 |
4 |
| Administration |
Parttime |
2 |
2 |
|
|
10 |
8 |
YEAR
8.TANGIBLEFIXEDASSETS |
ENDED30SEPT |
EMBER2021 |
|
|
|
Fixturesfittings |
|
|
Freeholdproperty |
&Equipment |
Total |
|
f, |
f, |
E |
| COST |
|
|
|
| At1October2020 |
775,506 |
170,978 |
946,4U |
| Additions |
|
'1,,450 |
1,,450 |
| Disposals |
|
|
|
| At30September2027 |
775,506 |
772,428 |
947,934 |
| DEPRECIATION |
|
|
|
| At1October2020 |
291,862 |
132,000 |
423,862 |
| Chargefortheyear |
1,5,190 |
8,085 |
23,275 |
| Redisposals |
|
|
|
| At30September2027 |
307,052 |
140,085 |
447,139 |
| NETBOOKVALUE |
|
|
|
| At30September2021 |
468,454 |
32,343 |
500,796 |
| At30September2020 |
483,644 |
38,978 |
522,622 |
| 9.FIXEDASSETINVESTMENTS |
|
|
|
|
|
2027 |
2020 |
|
|
E |
E |
| Fixedassetinvestments |
|
|
|
| UK Quotedinvestrnentsatmarket value |
|
79,854 |
96,803 |
| Cashheldaspartofinvestment |
|
6,973 |
5,726 |
|
|
86,827 |
102,529 |
| Movementinmarket value |
|
|
|
| Market valueat1October2020 |
|
96,803 |
120,548 |
| Disposalvalue |
|
(72,301) |
(66,740) |
| Acquisitionsat cost |
|
43,476 |
41,520 |
| Unrealised gain |
|
11,876 |
1,475 |
| Marketvalueat30September2021 |
|
79,854 |
96,803 |
| Historicalcost at30September2021 |
|
63,402 |
88,954 |
| YEAR ENDED30SEPTEMBER |
2021 |
|
| 10.STOCKS |
|
|
|
2027 |
2020 |
|
f, |
E |
| Stockof consumables |
580 |
s80 |
| 11.DEBTORS:Amountsfallingduewithinone year |
|
|
|
2027 |
2020 |
|
t |
c |
| Otherdebtors |
4,437 |
'1,,331, |
| 12.CURRENTASSETINVESTMENTS |
|
|
|
2021 |
2020 |
|
E |
t |
| Cash ondeposit |
").0,51.6 |
4,575 |
| 13.CREDITORS:Amountsfallingduewithinoneyear |
|
|
|
2021 |
2020 |
|
f, |
t |
| Deferred grant income |
10,054 |
10,054 |
| Accruals |
77,207 |
15,040 |
|
a |
|
|
2'1.,26'.1. |
25,094 |
| 74.CREDITORS:Amountsfallingdueafterone year |
|
|
|
2027 |
2020 |
|
t |
E |
| Deferred grant income |
301,511 |
311,565 |
| DEFERREDCRANT INCOME |
|
|
|
2027 |
2020 |
|
t |
t |
| At1October2020 |
321,620 |
337,674 |
| Releasedto incomeintheyear |
(i0,054) |
(10,054) |
| At30September202'1. |
3'1.'.t,566 |
321,,620 |
|
2021, |
2020 |
|
f, |
f. |
| Amountstobereleasedwithinoneyear |
10,055 |
10,055 |
| Amountstobereleased afteroneyear |
301,511 |
31"1.,565 |
| At30September2021, |
31L,566 |
321,620 |
9.
UNRESTRICTED FUND |
S |
|
|
|
|
Balanceat |
|
|
Balanceat |
|
1October |
Gains |
|
30September |
|
2020
f, |
Incoming Outgoing(Losses)
f,f,E |
Transfer
E |
2021
E |
| Uruestricteddesignatedfunds |
|
|
|
|
| Future capital expenditure |
9,120 |
|
|
9,120 |
| Future major repairs |
35,000 |
|
|
35,000 |
| Unrestricted- designated |
44,720 |
|
|
M,720 |
| Unrestrictedincome - general |
262,257 |
1,90,].U(233,597')11.,876(8,651) |
|
222,065 |
| tund |
|
|
|
|
| Revaluationreserve - |
7,801. |
|
8,651 |
76,452 |
| ftrvestments |
|
|
|
|
|
3't4,172790,1U(237,425)1'1.,876 |
|
|
282,637 |
|
Tangible |
|
Other |
|
|
Fixedassets |
Investments |
Netassets |
Total |
|
t |
E |
f, |
f |
| Unrestrictedfunds |
192,932 |
86,827 |
2,978 |
282,637 |
|
2021 |
2020 |
|
f, |
f, |
| hrcomefrom residentialcharges: |
|
|
| Potential residential income |
261,735 |
lolqo, |
| Lossesarisingfromvacanciesetc. |
(85,364) |
(111,623) |
| Income received |
176,371 |
182,369 |
| Expenditure |
|
|
| Household expenditure: |
|
|
| Staffcosts |
72,088 |
72,721 |
| Food |
13,651 |
17,612 |
| Otherhousekeeping |
3,545 |
5,069 |
| Agenrycleaners |
14,572 |
12,856 |
|
103,856 |
r08,258 |
| Repairs |
13,066 |
20,590 |
| Alarmrentaland maintenance |
15,162 |
11,536 |
|
28,228 |
32,126 |
| Ratesandwaterdrarges |
5,537 |
8,319 |
| Lightand heat |
15,317 |
14,303 |
| Depreciationoffixtures,fittingsandequipment |
8,085 |
9,744 |
| Depreciationofbuildings |
I5,190 |
15,190 |
| Telephone andTV |
1,914 |
1,556 |
|
46,043 |
49,112 |
| Totaldirect expenditure |
178,127 |
189,496 |
| Managementexpenses: |
|
|
| Staffcostsadministration |
24,975 |
24,220 |
| Advertising |
5,798 |
7,565 |
| Insurance |
5,312 |
3,205 |
| Administrationandsundries |
6,759 |
3,074 |
| Firesurveyand otherfees |
300 |
300 |
| Affiliationfees |
6,385 |
6,291 |
| Independent examinationandAccountanryfees |
5,040 |
5,052 |
| hrvestmentcharges |
901 |
1,235 |
|
55,470 |
50,942 |
| Totalexpenditure |
233,597 |
240,438 |
| Deficitcarriedforward |
(57,226) |
(s8,06e) |
|
2021 |
2020 |
|
t |
E |
| Deficit broughtfornard |
(57,226) |
(58,069) |
| Donations-general |
435 |
463 |
| Operatingdeficit |
(56,791") |
(57,606) |
| Other Income |
|
|
| Bankinterest |
1 |
8 |
| Dividends(re-invested) |
2,069 |
2,01,4 |
| AmortisationofSocialHousing Grant |
10,054 |
10,054 |
|
72,124 |
72,076 |
| Deficit foryear before realised/ unrealised (loss)igain |
(a,667) |
(45,530) |
| oninvestments |
|
|
| Realised (loss)igain oninvestnents |
1,255 |
(3,190) |
| Deficit foryear beforeunrealised gain |
(43,412) |
(48.720) |
| oninvestments,asper htcome& Expenditure Account |
|
|
| Unrealisedgain oninvestments |
11,876 |
1,475 |
| Net expenditure foryear,asperSOFA |
(31,537) |
(47,245) |
| Unrestrictedincomefunds broughtforward |
314,172 |
361,417 |
| Unrestrictedincomefunds carriedforward |
282,637 |
314,t72 |