2022-12-31-accounts

Contents		~pa e
Charity information		1
Trustees' report		2-4
Trustee responsibilities		S
independent i xaminer's	report	6
Statement of Financial Activities		7
Balance sheet		8
Notes tothe accounts		9-16

		FO	R THE YEAR ENDED 31D	ECEMBER2022
				2022	2021
				Total funds	Totalfunds
				Unrestricted	Unrestricted
			Notes
INCOME & ENDOWMENTS FROM			(1,2)
Charitable activities				48,278	43,787
investments				741	699
Total income				49,019	44,486
EXPENonuRE oN			(1,3)
Charitable activities				(161,684)	(27,563)
Total expenditure				(161,684)	(27,563)
Net income/(expenditure)		before	investment
gains/(losses)				(112,665)	16,923
Net gains/(losses)	on investments		(1,6)	(1,107)	29,847
Other recognised	gains/(losses)
Gains and (losses)	on revaluation		offixed assets
for the charity's own		use	(1,5)
Net movement in	funds			(113,772)	46,770
Reconciliation of	Funds
Total funds brought forward				637,016	590,246
Total funds carried forward				523,244	637,016

		BALANCE SHEET AS	AT31DECEMBER2022
			2022		2021
		Notes	f f	f	f
Fixed assets
Tangible assets		(5)	349,722		355,434
Investments		(6)	160,908		262,015
Totalfixed assets			510,630		617,449
Current assets
Debtors		(7)	6,476	10,697
Cash at bank and In hand		(8)	31,994	42,162
Total current assets			38,470	52,859
Uabllities
Creditors —amounts	falling	due
within one year		(9)	(15,644)	(13,240)
Net current assets or (llabllltles)			22,826		39,619
Total assets less current	liabilities		533,456		657,068
Creditors —amounts	falling	due
after one year		(10)	(10,212)		(20,052)
Total net assets			523,244		637,016
The funds ofthe charity
Unrestricted Income funds			523,244		637,016
Total charity funds			523,244		637,016

			2022	2021
			Totalfunds	Total funds
			Unrestricted	Unrestricted
Charitable	activities
Maintenance		&service charges of
Almshouse	units		48,278	43,787
Investments
Dividends	received from common
Investment		funds	741
TOTAL			49,019	44,486

	2022	2021
	E	E
Rent receivable	38,048	37,056
Service charges	12,800	12,288
Gross charges	50,848	49,344
Voids	(2,570)	(5,557)
Net charges received	48,278	43,787

					2022	2021
					Total funds	Totalfunds
					Unrestricted	Unrestricted
Charitable activities
Council tax on unoccupied			flats		237	444
Insurance					1,227	1,335
Property maintenance					21,222	5,132
Stone conservation	work	(including		related
professional fees)					110,566	3,017
Gardening					558	522
Window cleaning					820	1,092
Electricity					17,153	4,129
Water					1,191	2,049
Careline support for	residents					1,221
Advertising						35
Property depreciation					5,700	5,700
Fixtures, Fittings and Equipment
depreciation					12	15
Coop loan interest					537	484
Accountancy services
Independent examination					560	550
Accounts preparation		and returns			1,156	1,208
Almshouse subscription					187	182
Sundry expenses					558	448
TOTAL					161,684	27,563

TANGIBLE ASSETS	TANGIBLE ASSETS
			Land	gulldlngs	FF+E	Total
			f	f	f	f
Cost or valuation
At beginning	ofthe year		95,000	285,000	1,734	381,734
At end ofthe	year		95,000	285,000	1,734	381,734
Depreciation	and	impalrments
At beginning	ofthe year			24,627	1,673	26,300
Depreciation				5,700	12	5,712
At end ofthe	year			30,327	1,685	32,012
Net book value at		beginning
ofthe year			95,000	260,373	61	355,434
Net bookvalueat		endoftheyear	95,000	254,673	49	349,722

Analysis	ofchange during the year:	f
Carrying	value (market value) at beginning ofyear	262,015
Additions	to investments at cost
Disposals	ofinvestments at cost	(100,000)
Net gain	/ (loss) on revaluation	(1,107)
Carrying	value (market value) at end ofyear	160,908
Historic cost at end ofyear		Unavailable

Holdings
Income fund
21,177.537 Market		value at beginning		ofyear	19,303
		Unrealised	gain/(loss)		(601)
21,177.537	Market value at		end	ofyear	18,702
Accumulation	fund
2,318.089 Market		value at beginning		ofyear	242,712
			Purchased
(970.557)				Sold	(100,000)
		Unrealised	gain/(loss)		(506)
1,347.532	Market value at		end	ofyear	142,206

as follows:—
			2022	2021
			f	f
Cyclical Maintenance		Fund (CMF)	113,463	112,573
Extraordinary	Repair	Fund (ERF)	28,743	130,139
			142,206	242,712

7	DEBTORS
				2022	2021
				6	f
	Trade debtors			5,029	2,588
	Other debtors				7,550
	Prepayments			1,447	559
				6,476	10,697
8	CASH AT	BANK AND IN	HAND
				2022	2021
				6	6
	Cash at	bank		31,994	42,162
9	CREDrroRS- amounts		falling due within one year
				2022	2021
				6	E
	Charges	In advance		24	24
	Accruals			5,684	3,504
	Co-op loan			9,936	9,712
				15,644	13,240

10	CREon'oas- amounts	falling due after more than one year	falling due after more than one year
			2022	2021
			6	f
	Co-op loan
	Due between 1	—2years	10,087	19,867
	Due between 2	—5years	125	185
			10,212	20,052

Fund name	Fund	Income	Expenditure	Transfers	Gains	Fund
	balances				and	balances
	brought				losses	carried
	forward					forward
	f			f	f	f
Unrestricted
Income fund	637,016	49,019	(161,684)		(1,107)	523,244