2021-12-31-accounts

INDEX		PAGE
Legal and Administrative	Information
Trustees' Report
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial	Statements
Income and Expenditure	Account	l2

For the Year ende	d 31	De	cember	2021
				Permanent	Extraordinary	Cyclical
				Endowment	Repair	Maintenance	General	Total	Total
				Fund	Fund	Fund	Fund	31.12.21	31.12.20
						f.	E	6	E
Income and Endowments			from:
Donations							7	7	33
Interest							7	7	136
Dividends							5,252	5,252	5,150
Maintenance Contributions							88,714	88,714	88,895
Total Income and	Endowments						93,980	93,980	94,214
Expenditure on:
Direct Charitable	Expenditure
Rent paid							8&457	8,457	6,958
Cyclical maintenance						37,037		37,037	25,802
Other maintenance							4,781	4,781	11,252
Gardening							527	527	1,263
Extraordinary maintenance
Council tax
Water 8sewerage							3,275	3,275	3,430
Insurance							3,401	3,401	2,788
Trustee insurance							408	408	408
Gas and electricity							9,147	9,147	6,347
Cleaning							348	348	685
Social activities							510	510	864
Other							1,588	1,588	780
						37,037	32,442	69,479	60,577
Governance
Accountancy/Audit							1,038	1,038	1,038
Professional fees									3,246
Clerk's fees and expenses							6,033	6,033	6,895
Office costs							898	898	931
							7,969	7,969	12,110
Total Expenditure						37,037	40&411	77,448	72,687
Net income/expenditure
before gains on investments						(37,037)	53,569	16,532	21,527
Net gains/(losses) on investments
Gains(Losses) on investments				13,646	49,269	6,537		69,452	32,229
Net Income/Expenditure				13,646	49,269	(30,500)	53,569	85,984	53,756
Transfers between	funds
Transfer to Cyclical fund
Transfer to Extraordinary		Fund			4&448		(4,448)
Net Movement in Funds				13,646	53,717	(30,500)	49,121	85,984	53,756
Reconciliation offunds
Total funds brought	forward			252,117	313,070	55,262	84,865	705,314	651,558
Total funds carried	forward			265,763	366,787	24,762	133,986	791,298	705,314

				Permanent	Extraordinary	Cyclical
				Endowment	Repair	Maintenance	General	Total	Total
				Fund	Fund	Fund	Fund	31.12.21	31.12.20
							E
			Note
Freehold Property			3
Cost				239,153				239,153	239,153
Less Social Housing Grant				(83,233)				(83,233)	(83,233)
				155,920				155,920	155,920
Investments				109,843	366,787		52,624	529,254	419,801
Fixed Assets				265,763	366,787		52,624	685,174	575,721
Current Assets
Debtors and prepayments							5,621	5,621	5,426
COIF Deposit						24,762	36,920	61,682	56,423
Current Account &cash							45,401	45,401	71,592
						24,762	87,942	112,704	133,441
Current Liabilities
Creditors							6,580	6,580	3,848
Net Current Assets						24,762	81,362	106,124	129,593
Net Assets				265,763	366,787	24,762	133,986	791,298	705,314
Funds
Permanent Endowment		Fund		265,763				265,763	252,117
Extraordinary	Repair Fund				366,787			366,787	313,070
Cyclical Fund						24,762		24,762	55,262
General Fund							133,986	133,986	84,865
				265,763	366,787	24,762	133,986	791,298	705,314

		3I.I2.2 I	3I.I2.20
Maintenance	contributions	6.88,7 I4	688,895
receivable in	the year
Arrears due	on 3I.I2.2I	3,I25

3.	FIXEDASSETS			3I.I2.2 I	3I.I2.20
	Freehold Property
	Cost brought forward	at I January 2021		239, I53	239, I53
	Additions in year
	Cost carried forward	at 3 I December 202 I		6239, I53	6239, I53
4.	INVESTMENTS
				3I.I2.2 I	3I.I2.20
	Endowment Fund
	5340.89 COIF Income	Shares		I09,843	96, I97
				lE I09,843	696, I97
	Extraordinary Repair Fund
	2,032.19COIF Income	shares		4I,795	36,602
	1,340.05 COIF Accumulation		shares	324,992	240,9I6
				6366,787	IE227,5 I8
				3I.I2.2 I	3I.I2.20
	General Fund
	2,558.73 COIF Income	shares		52,624	46,086

For the Year ended	3	1 D	ecember 20	21
				Permanent	Extraordinary	Cyclical
				Endowment	Repair	Maintenance	General	Total	Total
				Fund	Fund	Fund	Fund	31.12.21	31.12.20
						f	f
Turnover
Maintenance Contributions							88,714	88,714	88,895
Less Operating Costs
Rent paid							8,457	8,457	6,958
Cyclical maintenance						37,037		37,037	25,802
Other maintenance							4,781	4,781	11,252
Gardening							527	527	1,263
Extraordinary maintenance
Rates
Water &sewerage							3,275	3,275	3,430
Insurance							3,401	3,401	2,788
Trustee insurance							408	408	408
Gas and electricity							9,147	9,147	6,347
Accountancy/Audit							1,038	1,038	1,038
Professional fees									3,246
Cleaning							348	348	685
Clerk's fees and expenses							6,033	6,033	6,895
Office costs							898	898	931
Social activities							510	510	864
Other							1,588	1,588	780
						37,037	40,411	77,448	72,687
Operating Surplus						(37,037)	48,303	11,266	16,208
Profit/Loss on sale of Investments
Interest receivable and	other Income						5,266	5,266	5,319
Surplus on ordinary	activities					(37,037)	53,569	16,532	21,527
before taxation
Tax on surplus on ordinary			activities
Grant receivable against		taxation
Surplus for the year						(37,037)	53,569	16,532	21,527
Transfer to Cyclical fund
Transfer to Extraordinary		Fund			4,448		(4,448)
Unrealised gains/(losses)		on	investments	13,646	49,269	6,537		69,452	32,229
Reconciliation of Funds:
Reserves brought forward				252,117	313,070	55,262	84,865	705,314	651,558
Reserves carried forward				265,763	366,787	24,762	133,986	791,298	705,314