##
##
##
|Trustees||Mr PJennings||||
|---|---|---|---|---|---|
|||Mr DJ Marsden||||
|||Mr TWatson||||
|||Mrs B Holden||||
|||Mr R Done||||
|Charity|number|237056||||
|Principal|address|29 Sunnymere|Drive|||
|||Darwen||||
|||Lancashire||||
|||BB31RH||||
|Accountants||Hindle Jepson|&Jennings||Ltd|
|||10Borough Road||||
|||Darwen||||
|||Lancashire||||
|||BB31PL||||
|Bankers||National
Westminster||Bank|pic|
|||35 King William|Street|||
|||Blackburn||||
|||Lancashire||||
|||BB17DJ||||
##
##
##
##
##
##
##
##
##
##
##
||||||Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
||||||funds||funds|
||||||2022||2021|
|||||Notes||||
|com
n||||||||
|Other trading|activities||||20,157||18,952|
|Investments|||||7,963||6,296|
|Other income|||||||200|
|Total income|||||28,120||25,448|
|~Edit||||||||
|Charitable
activities||||6|23,145||21,842|
|Net gains/(losses)|||on investments|10|(7,117)||17,997|
|Net movement||in funds|||(2,142)||21,603|
|Fund balances||at 1 January 2022|||278,759||257,156|
|Fund balances||at|31 December 2022||276,617||278,759|
##
##
##
||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|F||||
|Fixed assets|||||||||
|Tangible assets||||11||28,291||28,595|
|Investments||||12||215,439||214,746|
|||||||243,730||243,341|
|Current assets|||||||||
|Debtors||||13|1,095||1,222||
|Cash at bank and in|hand||||32,981||35,732||
||||||34,076||36,954||
|Creditors: amounts|falling||due within|14|||||
|one year|||||(1,189)||(1,536)||
|Net current assets||||||32,887||35,418|
|Total assets less current||liabilities||||276,617||278,759|
|Income funds|||||||||
|Unrestricted
funds|||||||||
|Designated
funds||||15|65,345||62,435||
|General unrestricted|funds||||141,346||139,281||
|Revaluation
reserve|||||69,926||77,043||
|||||||276,617||278,759|
|||||||276,617||278,759|
|The accounts were approved|||by the Trustees|on ........'.....2.'..P3|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Ufll|asti lcted|
|---|---|---|---|---|
|||funds||funds|
|||2022||2021|
|||K|||
|Maintenance|Contributions|20,157||18,952|
##
##
##
##
||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
||||||E|E|
|||Income from listed investments|||7,963|6,264|
|||Interest receivable||||32|
||||||7,963|6,296|
|5||Other income|||||
||||||Total|Unrestricted|
|||||||funds|
||||||2022|2021|
||||||E|E|
|||Other income||||200|
||6|Charitable|activities||||
||||||Housing|Housing|
||||||provision|provision|
||||||2022|2021|
||||||E|E|
|||Service costs|||2,991|2,944|
|||Day to day|maintenance||16,209|15,402|
||||||19,200|18,346|
|||Share ofgovernance||costs (see note 7)|3,945|3,496|
||||||23,145|21,842|
##
##
##
|7|Supportcosts||||||
|---|---|---|---|---|---|---|
|||Support|Governance|2022|2021|Baste ofallocation|
|||costs|costs||||
||Depreciation||304||304||
||Accountancy||696|696|546|Governance|
||Clerks honorarium||1,555|1,555|1,488|Governance|
||Sundry||866|866|659|Governance|
||Management||524|524|499|Governance|
||||3,945|3,945|3,496||
||Analysed
between||||||
||Charitable
activities||3,945|3,945|3,496||
##
##
|2022|2021|
|---|---|
|Number|Number|
##
##
##
##
||||2022|2021|
|---|---|---|---|---|
|||||f|
||Revaluation
ofinvestments||(7,117)|17,997|
|11|Tangible fixed assets||||
||||Land and buildings||
|||||f|
||Cost||||
||At 1 January 2022|||30,420|
||At 31 December 2022|||30,420|
||Depreciation
and impairment||||
||At 1 January 2022|||1,825|
||Depreciation
charged|in the year||304|
||At 31 December 2022|||2,129|
||Carrying
amount||||
||At 31 December 2022|||28,291|
||At 31 December 2021|||28,595|
|Fixed a|sset investments||
|---|---|---|
|||Unlisted|
|||investments|
|||8|
|Cost or|valuation||
|At 1 January 2022||214,746|
|Additions||7,809|
|Valuation|changes|(7,117)|
|At 31 December 2022||215,438|
|Canying|amount||
|At 31 December 2022||215,438|
|At 31 December 2021||214,746|
##
##
##
|13|Debtors|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Amounts
falling due||within one year:|E|E|
||Trade debtors||||176|
||Prepayments|and accrued income||1,095|1,046|
|||||1,095|1,222|
|14|Creditors: amounts||falling due within one year|||
|||||2022|2021|
|||||E|E|
||Accruals and|deferred|income|1,189|1,536|
##
||||||Movement|in funds||
|---|---|---|---|---|---|---|---|
||Balance at|Resources|Investments|Balance at|Incoming|Resources|Balance at|
||1January
2021|expended|gains/loosest|January
2022|resources|expended|31 December|
||||||||2022|
||E|E|E|E||E|E|
|Major Repair||||||||
|Reserve|63,546|(7,221)|6,110|62,435|7,809|(4,899)|65,345|
||63.,546|(7,221)|6,110|62,.435|7.809|(4.899)|65.345|
##
##
|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|1|Reinvestment
% -Amounts
spent on new||properties||||as a|0%|0%|
||%ofexisting tangible fixed asset value|||||||||
|2|New Supply %-Number
of new properties|acquired||||as a %||||
||ofexisting properties
owned|||||||0%|0%|
||a. Social Housing
Units|||||||0'/0|0%|
||b. Non Social Housing
Units|||||||||
|3|Gearing
%-how much of assets is made|up||of debt.|||This|-1.17%|-1 25%|
||result
may
be negative
where
the Provider|||has|no||loan|||
||agreements
in place|||||||||
|4|EBITDA MRI Interest
Cover %-level
of|earnings||||(before||0%|0|
||tax,
depreciation,
amortisation,
major|repairs|||included)|||||
||compared to interest payable
(financing costs)|||||||||
|5|Headline
Social Housing
Cost-total
annual|||running|||costs|62,855|62,692|
||per Social Housing
Unit owned|||||||||
|6|Operating
Margin
%-operating
surplus|as||a %||of|total|||
||income|||||||-0.11%|1.14%|
||a. Social Housing
Letting|||||||-0.11%|1.14%|
||b. Overall|||||||||
|7|Return
on Capital
Employed
%-operating||surplus|||as|a %|-0.01%|0.07%|
||ofnet current assets employed|||||||||
##
##
##
##
|Trustees||Mr PJennings||||
|---|---|---|---|---|---|
|||Mr DJ Marsden||||
|||Mr TWatson||||
|||Mrs B Holden||||
|||Mr R Done||||
|Charity|number|237056||||
|Principal|address|29 Sunnymere|Drive|||
|||Darwen||||
|||Lancashire||||
|||BB31RH||||
|Accountants||Hindle Jepson|&Jennings||Ltd|
|||10Borough Road||||
|||Darwen||||
|||Lancashire||||
|||BB31PL||||
|Bankers||National
Westminster||Bank|pic|
|||35 King William|Street|||
|||Blackburn||||
|||Lancashire||||
|||BB17DJ||||
##
##
##
##
##
##
##
##
##
##
##
||||||Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
||||||funds||funds|
||||||2022||2021|
|||||Notes||||
|com
n||||||||
|Other trading|activities||||20,157||18,952|
|Investments|||||7,963||6,296|
|Other income|||||||200|
|Total income|||||28,120||25,448|
|~Edit||||||||
|Charitable
activities||||6|23,145||21,842|
|Net gains/(losses)|||on investments|10|(7,117)||17,997|
|Net movement||in funds|||(2,142)||21,603|
|Fund balances||at 1 January 2022|||278,759||257,156|
|Fund balances||at|31 December 2022||276,617||278,759|
##
##
##
||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|F||||
|Fixed assets|||||||||
|Tangible assets||||11||28,291||28,595|
|Investments||||12||215,439||214,746|
|||||||243,730||243,341|
|Current assets|||||||||
|Debtors||||13|1,095||1,222||
|Cash at bank and in|hand||||32,981||35,732||
||||||34,076||36,954||
|Creditors: amounts|falling||due within|14|||||
|one year|||||(1,189)||(1,536)||
|Net current assets||||||32,887||35,418|
|Total assets less current||liabilities||||276,617||278,759|
|Income funds|||||||||
|Unrestricted
funds|||||||||
|Designated
funds||||15|65,345||62,435||
|General unrestricted|funds||||141,346||139,281||
|Revaluation
reserve|||||69,926||77,043||
|||||||276,617||278,759|
|||||||276,617||278,759|
|The accounts were approved|||by the Trustees|on ........'.....2.'..P3|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Ufll|asti lcted|
|---|---|---|---|---|
|||funds||funds|
|||2022||2021|
|||K|||
|Maintenance|Contributions|20,157||18,952|
##
##
##
##
||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
||||||E|E|
|||Income from listed investments|||7,963|6,264|
|||Interest receivable||||32|
||||||7,963|6,296|
|5||Other income|||||
||||||Total|Unrestricted|
|||||||funds|
||||||2022|2021|
||||||E|E|
|||Other income||||200|
||6|Charitable|activities||||
||||||Housing|Housing|
||||||provision|provision|
||||||2022|2021|
||||||E|E|
|||Service costs|||2,991|2,944|
|||Day to day|maintenance||16,209|15,402|
||||||19,200|18,346|
|||Share ofgovernance||costs (see note 7)|3,945|3,496|
||||||23,145|21,842|
##
##
##
|7|Supportcosts||||||
|---|---|---|---|---|---|---|
|||Support|Governance|2022|2021|Baste ofallocation|
|||costs|costs||||
||Depreciation||304||304||
||Accountancy||696|696|546|Governance|
||Clerks honorarium||1,555|1,555|1,488|Governance|
||Sundry||866|866|659|Governance|
||Management||524|524|499|Governance|
||||3,945|3,945|3,496||
||Analysed
between||||||
||Charitable
activities||3,945|3,945|3,496||
##
##
|2022|2021|
|---|---|
|Number|Number|
##
##
##
##
||||2022|2021|
|---|---|---|---|---|
|||||f|
||Revaluation
ofinvestments||(7,117)|17,997|
|11|Tangible fixed assets||||
||||Land and buildings||
|||||f|
||Cost||||
||At 1 January 2022|||30,420|
||At 31 December 2022|||30,420|
||Depreciation
and impairment||||
||At 1 January 2022|||1,825|
||Depreciation
charged|in the year||304|
||At 31 December 2022|||2,129|
||Carrying
amount||||
||At 31 December 2022|||28,291|
||At 31 December 2021|||28,595|
|Fixed a|sset investments||
|---|---|---|
|||Unlisted|
|||investments|
|||8|
|Cost or|valuation||
|At 1 January 2022||214,746|
|Additions||7,809|
|Valuation|changes|(7,117)|
|At 31 December 2022||215,438|
|Canying|amount||
|At 31 December 2022||215,438|
|At 31 December 2021||214,746|
##
##
##
|13|Debtors|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Amounts
falling due||within one year:|E|E|
||Trade debtors||||176|
||Prepayments|and accrued income||1,095|1,046|
|||||1,095|1,222|
|14|Creditors: amounts||falling due within one year|||
|||||2022|2021|
|||||E|E|
||Accruals and|deferred|income|1,189|1,536|
##
||||||Movement|in funds||
|---|---|---|---|---|---|---|---|
||Balance at|Resources|Investments|Balance at|Incoming|Resources|Balance at|
||1January
2021|expended|gains/loosest|January
2022|resources|expended|31 December|
||||||||2022|
||E|E|E|E||E|E|
|Major Repair||||||||
|Reserve|63,546|(7,221)|6,110|62,435|7,809|(4,899)|65,345|
||63.,546|(7,221)|6,110|62,.435|7.809|(4.899)|65.345|
##
##
|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|1|Reinvestment
% -Amounts
spent on new||properties||||as a|0%|0%|
||%ofexisting tangible fixed asset value|||||||||
|2|New Supply %-Number
of new properties|acquired||||as a %||||
||ofexisting properties
owned|||||||0%|0%|
||a. Social Housing
Units|||||||0'/0|0%|
||b. Non Social Housing
Units|||||||||
|3|Gearing
%-how much of assets is made|up||of debt.|||This|-1.17%|-1 25%|
||result
may
be negative
where
the Provider|||has|no||loan|||
||agreements
in place|||||||||
|4|EBITDA MRI Interest
Cover %-level
of|earnings||||(before||0%|0|
||tax,
depreciation,
amortisation,
major|repairs|||included)|||||
||compared to interest payable
(financing costs)|||||||||
|5|Headline
Social Housing
Cost-total
annual|||running|||costs|62,855|62,692|
||per Social Housing
Unit owned|||||||||
|6|Operating
Margin
%-operating
surplus|as||a %||of|total|||
||income|||||||-0.11%|1.14%|
||a. Social Housing
Letting|||||||-0.11%|1.14%|
||b. Overall|||||||||
|7|Return
on Capital
Employed
%-operating||surplus|||as|a %|-0.01%|0.07%|
||ofnet current assets employed|||||||||
##
##
##
##
##