2022-12-31-accounts - The Hospital Of St Thomas The Apostle In Doncaster

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Each year	Each year	Each year	the Charity	the Charity	the Charity	the Charity	uses a	range	range	of data	to measure	to measure	VFM	progress against the housing sector.	progress against the housing sector.	progress against the housing sector.	The
results	help			influence			investment		decisions		and	provide	the	regulators and other stakeholders			with
information				on	the	progress		of the		Charity,	whilst	also	ensuring		compliance with the regulatory	VFM
standard.			The		metrics		have been compared				to the	Housemark		sector scorecard median published		by	the
National		Housing			Federation.
												Housemark
Metric							2022			2021		Scorecard			Commentary
															The Charity has 15Almshouses
															in management. This remains
															as per the previous year, with
															no new supply of social housing
New supply															or new supply of non-social
delivered							0'/o			0'/o		1.20'/o			housing.
															The Charity has no borrowings
Gearing							(17 25)o/o			(15 40)o/o		35.80'/o			compared to industry standard.
															The Charity has no borrowlngs
															and therefore no Interest in the
EBITDA		MRI					N/A			N/A		181.90'/o			year.
															Expenditure from social housing
															was up in the year due to a
Social Housing															major refurbishment completion
Cost Per		Unit					F1,490			81,337		64,230			for one ofthe flats in 2022.
															As a Charity, The Hospital of	St
															Thomas receives a significant
															level of Income from its
															investments, which this year
															have been off-set against the
															reported investment losses.
															The decrease on Housing
															Activity expenditure has
															directly impacted on the
Operating		Margin													Operating Margin both Overall
Overall							52.71'/o			39.09'/o		20.20'/o			and Social Housing Lettings.
Social Housing
Lettings		only					t1.65'/o			(25.64)'/o		22.20~/o
															The Charity has minimal
															liabilities with a positive
															operating surplus in the year.
															The operating surplus decrease
															in the year compared to 2021
ROCE							0 41o/o			6.48'/o		2.80'/o			has impacted directly ROCE.
															Major reinvestment occurred	in
															one ofthe houses in 2022
															explaining reinvestment
Reinvestment							1.88'/o			0.83'/o		5.70'/o			increased in the year

					2022	2021
			Unrestricted	Restricted	Total	Total
		Notes	funds f	fund F	funds f	fundsf
INCOME AND ENDOWMENTS	FROM
Charitable activities
Housing Activities			58,840		58,840	60,680
Investment income		2	25129		25129	20121
Total			83969		03909	00 001
EXPENDITURE ON
Charitable activities
Housing Activities			51 500	1,309	52 005	58 372
Net gains/(losses) on investments			~25 919)		~25 919)	50261
NET INCOME/(EXPENDITURE)			8,544	(1,389)	5,155	80,690
RECONCILIATION OF FUNDS
Total funds brought forward			1,158,798	77,051	1,245,859	1,165,169
TOTAL FUNDS CARRIED FORWARD			1,175242	75672	1 2~1 014	1,245 850

				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes	F	F	6	E
FIXEDASSETS
Tangible assets	11	407,767	75,672	483,439	485,315
Investments	12	083402		083402	605 502
		1,091,169	75,672	1,166,841	1,170,817
CURRENT ASSETS
Debtors	13	4,531		4,531	4,392
Cash at bank		83 385		83305	74,440
		87,916		87,916	78,832
CREDITORS
Amounts falling due within one year	14	(3,743)		(3,743)	(3,790)
NET CURRENT ASSETS		04173		04173	75 042
TOTAL ASSETS LESSCURRENT
LIABILITIES		1,175,342	75,672	1,251,014	1,245,859
NET ASSETS		1175342	75072	1251014	1,245,859
FUNDS	15
Unrestricted funds				1,175,342	1,168,798
Restricted funds				75672	77 061
TOTALFUNDS				1 251 014	1 245 859

INVESTME	NT INCOME
		2022	2021
			F
Investment	income	25,062	20,119
Deposit account interest		67	2
		25,129	~20 121

3.	INCOME FROM CHARITABLE	INCOME FROM CHARITABLE	ACTIVITIES
					2022		2021
	Gross maintenance Losses from voids	contributions	from residents	f 61,360 ~2 ~20)			61,360 ~680)
					00,840		60 600
4.	CHARITABLE ACTIVITIES COSTS
				Direct		Support
				Costs (see	costs (see
				note 5) f		note 6) f	Totals F
	Housing Activities			~39 283		~13 612	~52 895
5.	DIRECT COSTS OF CHARITABLE ACTIVITIES
						2022 f	2021 f
	Rates and water					1,877	3,307
	Insurance					1,912	1,780
	Light and heat					1,059	1,161
	Repairs and maintenance					11,192	15,230
	Garden maintenance					3,475	4,489
	Warden call system					2,221	1,289
	Christmas gifts					450	400
	Depreciation					16,189	16,073
	Loss on sale ofassets					908	1 290
						39,283	45,019
6.	SUPPORT COSTS
					Governance
				Management f		costs f	Totals f
	Housing Activities			~11 494		~2118	13,612

Support costs, included in the a	bove, are as follows:
		2022	2021
		Housing	Total
		Activities	activities
Clerk's fees		9,750	9,000
Charity protection insurance		408	407
Postage, stationery, advertising telephone Sundries	and	714 66	1,268 108
Subscriptions Independent Examination		567 ~2118	554 ~2016
		~13 612	~13 363

There were no trustees' expenses paid for the year ended 31 December 2 31 December 2021.	There were no trustees' expenses paid for the year ended 31 December 2 31 December 2021.	There were no trustees' expenses paid for the year ended 31 December 2 31 December 2021.	022 nor for the	year ended
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds	fund	funds
		6	f	E
INCOME AND ENDOWMENTS		FROM
Charitable activities
Housing Activities		60,680		60,680
Investment income		20,121		20 121
Total		80 801		80,801
EXPENDITURE ON
Charitable activities
Housing Activities		56 983	1 389	58 372
Net gains on investments		58261		58 261
NET INCOME/(EXPENDITURE)		82,079	(1,389)	80,690
RECONCILIATION	OF FUNDS
Total funds brought	forward	1,086,719	78,450	1,165,169

8.	COMPARATIVES	COMPARATIVES	FOR THE	STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	ACTIVITIES	- continued	- continued
						Unrestricted		Restricted		Total
						funds		fund		funds
						F		f		f
	TOTAL FUNDS CARRIED FORWARD					1168798		77 I)61		1,245 850
8.	SOCIAL	HOUSING ACTIVITIES
							2022 f			2021
	Turnover Operating	from Social Housing costs ofSocial Housing				58,840 ~61987)			60,680 ~57 II84)
	Operating	surplus	and surplus	on Social Housing	activities		6,	053		3,596

Historical	aggregate	amount received		120 170
Released	historically	to Statement of Financial	Activities	~726 170)
Social Housing Grant		Carrying forward

11.	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
					Fixtures
				Housing	and
				properties E	fittings f	Totals 2
	COST
	At 1 January 2022 Additions Disposals			690,656 15,221 ~6126)	8,362	699,018 15,221 ~6126)
	At 31 December 2022			~899751	~8362	~708 113
	DEPRECIATION
	At 1 January 2022 Charge for year Eliminated on disposal			206,179 15,351 ~5218)	7,524 838	213,703 16,189 ~5218)
	At 31 December 2022			~216312	~8362	~224 674
	NET BOOK VALUE
	At 31 December 2022			~483 439		~483 439
	At 31 December 2021			~484 477	838	~485 315
12.	FIXEDASSET INVESTMENTS
						Listed
						investments
	MARKET VALUE
	At 1 January 2022 Additions					685,502 23,819
	Revaluations					~25919)
	At 31 December 2022					~683402
	NET BOOK VALUE
	At 31 December 2022					~683 402
	At 31 December 2021					~685 502
	There were no investment	assets outside the UK.
	Cost or valuation at 31 December 2022 is represented		by:

			Listed
			Investments
			6
Valuation	in	2022	273,152
Cost			~410 250
			~683 402

13.	DEBTORS:AMOUNTS	FALLING	FALLING	FALLING	DUE WITHIN ONE YEAR	DUE WITHIN ONE YEAR	DUE WITHIN ONE YEAR
								2022 f	2021 f
	Contributions in arrears							3,302	3,269
	Prepayments and accrued		income					~1229	~1123
								~4631	4 392
14.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE				YEAR
								2022 f	2021 f
	Other creditors							~3743	3790
16.	MOVEMENT IN FUNDS
							Net	Transfers
							movement	between	At
						At 1.1.22	In funds	funds	31.12.22
						f	f	f.	f
	Unrestricted funds
	General fund					80,535	9,144	(850)	88,829
	Property 8 Endowment fund Extraordinary Repairs fund Cyclical Repairs & Maintenance Investment revaluation fund			fund		560,570 222,534 6,089 299 575	8,872 14,447 ~25 9183	850	569,442 237,831 6,089 273 151
						1,168,798	6,644		1,175,342
	Restricted funds
	Housing Property fund					77,061	(1,389)		75,672
	TOTAL FUNDS					1 245859	5155		1 251 514
	Net movement in funds,	Included			in the above are as follows:
						Incoming	Resources	Gains and	Movement
						resources	expended	losses f	in funds f
	Unrestricted funds
	General fund					61,000	(51,856)		9,144
	Property & Endowment fund Extraordinary Repairs fund Investment revaluation fund					8,522 14,447	350	~25919)	8,872 14,447 ~26919)
						83,969	(51,506)	(25,919)	6,544
	Restricted funds
	Housing Property fund						(1,389)		(1,389)
	TOTAL FUNDS					~83 969	~52 895)	~25919)	~5155

Compar	atlves f	or mo	vemen	t	ln fun	ds
								Net	Transfers
								movement	between	At
							At 1.1.21 f	in funds F	funds F	31.12,21 F
Unrestricted funds
General	fund						67,406	11,276	1,853	80,535
Property	& Endowment		fund				562,013	410	(1,853)	560,570
Extraordinary Repairs			fund				210,403	12,131		222,534
Cyclical	Repairs	& Maintenance			fund		6,088	1		6,089
Investment revaluation			fund				240 809	58 261		299070
						1,086,719		82,079		1,168,798
Restricted funds
Housing	Property	fund					78,450	(1,389)		77,061
TOTAL	FUNDS					1	165169	80 69Q	—	1 245 859
Comparative net		movement		in	funds,	included	in the above	are as follows:
							Incoming	Resources	Gains and	Movement
							resources f	expended f	losses	in funds F
Unrestricted funds
General	fund						62,851	(51,575)		11,276
Property	& Endowment		fund				6,668	(6,258)		410
Extraordinary Repairs			fund				11,281	850		12,131
Cyclical	Repairs	& Maintenance			fund		1			1
Investment revaluation			fund						58 261	58261
							80,801	(56,983)	58,261	82,079
Restricted funds
Housing	Property	fund						(1,389)		(1,389)
TOTAL	FUNDS						80,801	~58 372)	~58 261	80,690

						2022f	2021 6
INCOME AND ENDOWMENTS
Investment income
Investment income						25,062	20,119
Deposit account interest						67	2
						25,129	20,121
Charitable activities
Housing activities						61,360	61,360
Voids						~2520)	~680)
						68,840	60,680
Total Incoming resources						83,969	80,801
EXPENDITURE
Charitable activities
Rates and water						1,877	3,307
Insurance						1,912	1,780
Light and heat						1,059	1,161
Repairs and maintenance						11,192	15,230
Garden maintenance						3,475	4,489
Warden call system						2,221	1,289
Christmas gifts						450	400
Depreciation of housing			properties			15,351	15,237
Fixtures and fittings						838	836
Loss on disposal of	housing			components		908	~1290
						39,283	45,019
Support costs
Management
Clerk's fees						9,750	9,000
Charity protection	insurance					408	407
Postage, stationery,		advertising			and
telephone						714	1,268
Sundries						55	108
Subscriptions						567	554
						11,494	11,337
Governance costs
Independent Examination						~2118	~2016
Total resources expended						~52 895	58 372
Net income						~31 074	~22 429