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|||PAGES|
|---|---|---|
|Trustees'<br>Annual<br>Report|||
|Statement<br>of Trustees'|Repsonsibilities||
|Independent<br>Examiner's|Report||
|Statement<br>of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||8-11|





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||||2023|2022|
|---|---|---|---|---|
||||E||
|INCOllllE (all unrestricted)|||||
|Rents|||49,362|46,554|
|Charities deposit fund interest|||39|9|
|NAACIF income shares|||265|244|
|Other|||30||
|TV Licence refund|||8||
|TOTAL RECEIPTS|||49,703|46,807|
|EXPENDITURE (all|unrestricted)||||
|Water and drainage|rates||1,319|1,225|
|Outside<br>lighting|||867|505|
|Gas|||2,256|1,668|
|Insurance|||1,633|1,561|
|Property maintenance|||6,485|4,392|
|Garden<br>maintenance|||4,972|4,761|
|Repairs 8 maintenance|||9,314|4,041|
|National<br>Association|of Almshouses||539|187|
|Clerk's fees|||6,000|6,000|
|Accountancy|||1,080|960|
|Professional fees||||720|
|General expenses|||298|246|
|Piper lifeline|||337|374|
|TOTAL EXPENDITURE|||35,099|26,640|
|Net Surplus/(deficit)|for the year||14,605|20,167|
|Unrestricted<br>funds B/F|||61,325|41,158|
|Unrestricted<br>funds C/F|||75,930|61,325|
|Revaluation<br>Reserve|movement||3,339|(1,324)|
|Unrestricted<br>Revaluation||Reserve B/F|968,010|969,334|
|Unrestricted<br>Revaluation||Reserve C/F|971,349|968,010|
|Total funds|||1,047,279|1,029,335|





|||||2023|2022||
|---|---|---|---|---|---|---|
||||Note|E|||
|ASSETS|||||||
|FIXEDASSETS|||||||
|Freehold property||||971,617||971,617|
|Less social housing||grant||(35,717)||(35,71 7)|
|||||935,900||935,900|
|CURRENT ASSETS|||||||
|Debtors and|prepayments||5||||
|Investments|||8|55,746|52,407||
|Cash at bank||||26,212|64,796||
|COIF deposit|funds|||50,931|892||
|||||132,889||118,095|
|||||1,068,789||1,053,995|
|LIABILITIES|||||||
|CREDITORS||||(21,510)||(24,660)|
|||||1,047,279||1,029,335|
|REPRESENTED BY|||||||
|Unrestricted|funds|||75,930||61,325|
|Unrestricted|Revaluation||Reserve|971,349||968,010|
|||||1,047,279||1,029,335|
|APPROVED|ON BEHALF||OF THE TRUSTEES:||||
|~....,....Trustee||||Trustee|||
|r T Hannah||||Mr J Attwater|||
|~9... ..P...:.+4.DATE||||~....~..kf.....DATE|||





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|T<br>|O THE ACCOUNTS (CONTINUED)<br>|O THE ACCOUNTS (CONTINUED)<br>|||
|---|---|---|---|---|
|E|YEAR ENDED 31DECEMBER 2023|||PAGE 9|
|4.|FIXEDASSETS||Total||
||||E||
||VALUATION||||
||At1 January2023||971,617||
||At 31 December 2023||971,617||
||Less||||
||SOCIAL HOUSING|GRANT|||
||At 1 January 2023 and 31 December 2023||35,717||
||NET BOOK VALUE||||
||At 1 January2023||935,900||
||At 31 December 2023||935,900||





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|CREDITORS||||
|---|---|---|---|
|||2023|2022|
|||E|6|
|Accountancy||960|960|
|Loan From Almshouses|Association|20,550|23,700|
|||21,510|24,660|



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|||COST|MARKET|VALUE|
|---|---|---|---|---|
||||2023|2022|
||||6|E|
|NAACIF|Accumulation|11,798|49,125|46,254|
|NAACIF|Income|2,731|6,621|6,153|
|||14,529|55,746|52,407|



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