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2023-09-30-accounts
| CONTENTS |
PAGE |
| CompanyInformation |
3 |
| Report of the Trustees(incorporatingthedirectors report) |
4-8 |
| Statement of Trustees'Responsibilities |
I |
| IndependentExaminelsReport |
10 |
| StatementofFinancialActivities(incorporatingtheincomeand |
1l |
| expenditureaccount) |
|
| Statement of FinancialPosition |
72 |
| StatementofCashFlows |
13 |
| Notestothe Financial Statements |
,-4-21 |
| DetailedIncome andExpenditure Account |
22-24 |
| Trustees/Directors |
A DRobinson(Chairman) |
|
PCollins |
|
CAWiId |
|
VEFisher |
|
SLPopplewell (appointed23November2023) |
|
ChesterCityCouncilRepresentative:-none |
| Companysecretary |
PCollins |
| Administrator |
BAKnight |
| Company RegistrationNumber |
007781,05 |
| Charity Number |
233470 |
| RegisteredOfficeandPdncipal |
3Queen's Park Road |
| Address |
Handbridge |
|
Chester |
|
CH47AD |
| IndependentExaminers |
UHYHackerYoung |
|
CharteredAccountants &RegisteredAuditors |
|
Stjohn'sChambers |
|
Love Street |
|
Chester |
|
CH11QN |
| Solicitors |
DTMLegalLLP |
|
ArchwayHouse |
|
StationRoad |
|
Chester |
|
CF{13DR |
| Bankers |
LloydsBankplc.Chester |
|
|
Bed |
Insurance |
Historical |
Book value |
|
|
Spaces |
Value |
Cost |
2023 |
|
|
|
(Excluding |
(Including |
|
|
|
|
land) |
land) |
|
|
|
|
t |
f, |
E |
| 3 |
QueensParkRoad,HandbridgeChester |
12 |
1,1,39,654 |
693,438 |
391,130 |
|
|
|
|
|
391,130 |
|
Note |
2423 |
2022 |
|
|
f, |
c |
| INCOME |
|
|
|
| Incomefromgeneratedfunds |
|
|
|
| Voluntaryincome |
|
1 |
338 |
| Investmentincome |
4 |
9,464 |
4,253 |
| Incomefromcharitableactivities |
|
|
|
| Residents services |
2e |
133,938 |
138,660 |
| Realised (loss)lgainon investmentassets |
|
802 |
(83) |
| AmortisationofSocialHousingCrant |
15 |
L0,052 |
10,053 |
| Gain on disposalofproperty |
|
|
547,068 |
| Otherincome |
|
91 |
|
| Totalincome |
|
153,948 |
660,289 |
| EXPENDTTURE |
|
|
|
| Expenditureoncharitable activities |
5 |
173,342 |
195,296 |
| Net income/(expenditure) before gains and |
|
(19,394) |
464,993 |
| losses |
|
|
|
| Netgain/(loss) oninvestmentassets |
9 |
1L,849 |
(43,301) |
| Net income/(expenditure)andnet movementin |
|
(7,545) |
421,692 |
| funds |
|
|
|
| Unrestrictedincomefunds broughtforward |
|
704,329 |
282,637 |
| Unrestrictedincomefunds carriedforward |
|
696,784 |
704,329 |
| Allfundsareunrestricted. |
|
|
|
|
Notes |
2023 |
|
2022 |
|
|
|
f |
t |
f, |
E |
| FIXEDASSETS |
|
|
|
|
|
| Tangibleassets |
8 |
|
4A6,877 |
|
424,473 |
| Investments |
9 |
|
313,439 |
|
295,757 |
| TOTALFIXEDASSETS |
|
|
720,316 |
|
720,164 |
| CUBRENTASSETS |
|
|
|
|
|
| Stocks |
L0 |
580 |
|
580 |
|
| Debtors |
1L |
4,863 |
|
958 |
|
| Cashondeposit |
12 |
268,474 |
|
294,059 |
|
| Cash atbank andin hand |
|
2,902 |
|
5,771 |
|
|
|
276,819 |
|
301,368 |
|
| CREDITORS: Amountsfallingduewithin |
|
|
|
|
|
| oneyear |
L3 |
'1,8,940 |
|
(25,741) |
|
| NET CURRENTASSETS |
|
|
257,879 |
|
275,627 |
| TOTALASSETSLESSCURRENT LIABILTTIES |
|
|
978,195 |
|
995,797 |
| CREDITORS: Amountsfallingdueafter |
1.4 |
|
|
|
|
| oneyearr |
|
|
881,411) |
|
(291,462) |
| NETASSETS |
|
|
696,784 |
|
704,329 |
| FUNDS |
|
|
|
|
|
| Unrestrictedincomefunds |
|
|
|
|
|
| Designatedfunds |
I"9 |
44,120 |
|
44,120 |
|
| Unrestrictedincomefuuds |
|
682,657 |
|
743,s09 |
|
| Revaluationreserve -Investments |
|
(30,003) |
|
{43,300) |
|
| Totalunrestricted funds |
|
|
696,7U |
|
704,329 |
| TOTAL CHARITYFUNDS |
20 |
|
696,784 |
|
704,329 |
|
2023 |
2A22 |
|
t |
L |
Cashflows fromoperatingactivities
Net income/(expenditure) |
0,m5) |
421,692 |
| Adjustmentsfor: |
|
|
| Depreciationoftangible fixedassets |
17,536 |
78,520 |
| Net(gains))/losses on investments |
(12,651|43,384 |
|
| Dividends,interest and rentsfrominvestments |
(7,6481 |
(4,21,0) |
| Otherinterest receivable andsimilarincome |
(1,416t |
(43) |
| Amortisationofgrant |
(10,052) |
(10,053) |
| Gains on disposalof tangible fixedassets |
|
(507,068) |
| Changesin: |
|
|
| Trade andotherdebtors |
(3,905) |
3,479 |
| Accruals |
(6800) |
4,481. |
| Cashgeneratedfrom operations |
(32A87' |
(2e,818) |
| lnterestrecei.r'ed |
L,416 |
43 |
| Netcashusedin operating activities |
(31,065) |
Q9,775) |
| Cashflows from investing activities |
|
|
| Dividends,interest and rentsfrom investments |
7,648 |
4,210 |
| Proceedsfromsaleoftangibleassets |
|
564,933 |
| Purchasesofotherinvestments |
(21,577' |
(353,801) |
| Proceedsfromsaleof otherinvestments |
13,140 |
1.17,273 |
| Netcash(usedin)ffrominvesting activities |
$291 |
332,615 |
| Netincrease/(decrease)incashandcashequivalents |
(31,89413A2,840 |
|
| Cashandcashequivalentsatbeginningof year |
332,582 |
19,742 |
| Cashandcashequivalentsat endofyear |
290,688 |
322,582 |
| Analysis ofcashandcashequivalents |
|
|
| Cash atbank andin hand |
2,902 |
5,771 |
| Cashondeposit |
268,474 |
294,A59 |
| Cashheldwithininvestmentportfolio |
19,31:L |
))7q') |
|
290,688 |
322,582 |
| GAIN/(DEFICIT)ONORDINARYACTIVITIES |
|
|
|
2023 |
2022 |
|
t |
f, |
| Deficitonordinary activitiesbeforetaxationisarrivedatafter charging: |
|
|
| Depreciation |
17,536 |
18,520 |
| Independentexaminer'sremuneration,includingvat |
|
|
| Accountancy |
4,5U |
4,L20 |
| Independent examination |
1,200 |
1,100 |
| INVESTMENT INCOME |
|
|
|
2022 |
202L |
|
f, |
f, |
| Bankinterest |
1,416 |
43 |
| Dividends(re-invested) |
7,648 |
4,214 |
|
9,064 |
4,253 |
| EXPENDITURE |
|
|
|
|
|
|
|
St:rtf |
Deprec |
Direct |
0ther |
2023 |
2422 |
|
costs |
-iation |
co$ts |
|
Total |
Total |
|
fr |
E |
f, |
f, |
E |
f, |
| Charitableactivities |
|
|
|
|
|
|
| Residents services |
80,280 |
77,536 |
50,602 |
19,1.40 |
167,558 |
19A,076 |
Governancecostg
Independent Examination |
|
|
|
5,7W |
5,784 |
5,220 |
| and accountancy |
80,280 |
17,536 |
50,602 |
24,924 |
773,342 |
795,296 |
| EMPLOYEEINFORMATION |
|
|
|
2023 |
2022 |
|
t, |
t |
| Wagesand salaries |
79,480 |
80 689 |
| Socialsecuritycosts |
|
1A74 |
| Pensioncosts |
800 |
'l..,364 |
|
80,280 |
83,527 |
| The averagenumber ofstaff |
employedby thecharity |
duringthefinancialyear |
amountedto |
|
|
2023 |
2422 |
|
|
No. |
No, |
| Housekeepers and assistants |
Full time |
'1. |
2 |
|
Parttime |
c |
2 |
| Administration |
Parttime |
2 |
2 |
|
|
6 |
6 |
YEA
8.TANGIBLEFIXEDASSETS |
R ENDED30SEPT |
EMBER2023 |
|
|
|
Fixtures,fitfrngs |
|
|
Freeholdp/operty |
&Equipment |
Total |
|
f |
f. |
f, |
| COST |
|
|
|
| AtLOctober2022 |
693,438 |
1L4,255 |
807,693 |
| Additions |
|
|
|
| Disposals |
|
|
|
| At30September2023 |
693,438 |
114,255 |
807,693 |
| DEPRECIATION |
|
|
|
| Atl"October2022 |
288,709 |
94,571 |
383,280 |
| Chargeforthe year |
13,599 |
3,937 |
17,536 |
| Eliminated ondisposal |
|
|
|
| At30September2023 |
3W,308 |
98,508 |
400,816 |
| NETBOOKVALUE |
|
|
|
| At30September2023 |
39t,130 |
15,747 |
406,877 |
| At30September2O22 |
404.729 |
L9,6M |
424,413 |
| 9.FIXEDASSETINVESTMENTS |
|
|
|
|
|
2023 |
2022 |
|
|
E |
E |
| Fixedassetinvestrrents |
|
|
|
| UK Quoted investmentsatmarket |
value |
294.127 |
272,999 |
| Cashheldaspart of investment |
|
19,312 |
)) 1) |
|
|
313,439 |
295,751 |
| Movementinmarket value |
|
|
|
| Marketvalue atlOctaber 2022 |
|
272,999 |
79,854 |
| Disposalvalue |
|
(12,298) |
(117,355) |
| Acquisitionsatcost |
|
21,577 |
353.801 |
| UnrealisedgainI(loss) |
|
I1,849 |
(43,301) |
| Marketvalueat 30September2023 |
|
294,127 |
272,999 |
| Historicalcostat30September2023 |
|
324,129 |
316,299 |
| YEAR ENDED30SEPTEM |
BER2023 |
|
| 10.STOCKS |
|
|
|
2023 |
2022 |
|
f, |
f, |
| Stockofconsumables |
580 |
580 |
| 11.DEBTORS:Amountsfallingduewithinoneyear |
|
|
|
2023 |
2022 |
|
f, |
f, |
| Otherdebtors |
4,863 |
958 |
| L2.CURRENTASSETINVESTMENTS |
|
|
|
2023 |
2022 |
|
f. |
t |
| Cashondeposit |
268,474 |
294,059 |
| 13.CREDITORS:Amountsfallingduewithinoneyear |
|
|
|
2023 |
2022 |
|
t |
f, |
| Deferred grantincome |
10,052 |
10,053 |
| Accruals |
&888 |
15,688 |
|
18,940 |
25,741 |
| 14.CREDITORS:Amountsfallingdue afterone year |
|
|
|
2023 |
2022 |
|
f, |
f, |
| Deferredgrantincome |
28'1,41L |
29'1.,462 |
| DEFERREDGRANT INCOME |
|
|
|
2023 |
2022 |
|
t, |
f, |
| At1October2022 |
301,513 |
371,566 |
| Releasedto incomeinthe year |
(10,050) |
(10,053) |
| At30September2023 |
291",463 |
301,513 |
|
2023 |
2022 |
|
t |
f, |
| Amountstobe releasedwithinoneyear |
10,052 |
10,053 |
| Amountstobe releasedafteroneye€rr |
281,411 |
29L,M4 |
| At30Septembev2023 |
291",463 |
301,513 |
| ANALYSISOFCHANGEINNE |
T DEBT |
|
|
|
At1 |
|
At30 |
|
o(*2022
f, |
Cashflows
f |
Sept2023
f |
| Unrestricted funds |
299,ffio |
Q8,454) |
271,376 |
| '9.UNRESTRICTED FUND |
S |
|
|
|
|
|
|
Balanceat |
|
|
|
|
Balanceat |
|
1.October |
|
|
Gains |
|
30September |
|
2422
t |
IncomingOutgoing
E
f, |
|
(Losses)
E |
f,
Transfer |
2023
t |
| Unrestricteddesignatedfunds |
|
|
|
|
|
|
| Future capital o<penditure |
9,120 |
|
|
|
|
9,120 |
| Future major repairs |
35,000 |
|
|
|
|
35,000 |
| Unrestricted-designated |
44,720 |
|
|
|
|
44,120 |
| Unrestrictedincome-general |
703,509 |
153,948 173,342 11.,U9(13,297) |
|
|
|
682,667 |
| fund |
|
|
|
|
|
|
| Revaluationreserve- |
(43,300) |
|
|
|
13,297 |
(30,003) |
| Investments |
|
|
|
|
|
|
|
704,329 153,948 173,3421L,849 |
|
|
|
|
696,784 |
|
Tangible |
|
Other |
|
|
Fixedassets |
Investments |
Netassets |
Total |
|
t |
f, |
E |
f |
| Unrestricted funds |
446,877 |
31"3,439 |
(23,532) |
696,784 |