| Principal address 280 Sinfin Avenue Shelton Lock DERBY Derbyshire DE24 9QX |
|
|---|---|
| Trustees | |
| Harvey Jennings | Chairman |
| John Jennings | Vice Chairman |
| Jonathan Smale | Treasurer |
| Norma Bracewell | |
| Micky Doyle | |
| Alan Grimadell | |
| Glynn Kearney | |
| Mel Martin | |
| Ross McCristal | |
| Sarah Smith | |
| Andrew Wall |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 3 | 5524 | 126,600 | 132,124 | 180024 |
| Charitable activities | 6 | ||||
| Housing services | 211,758 | - | 211,758 | 222,651 | |
| Other trading activities | 4 | - | - | - | 1081 |
| Investment income | 5 | 114 | - | 114 | 1,801 |
| Total | 217,396 | 126,600 | 343,996 | 405,557 | |
| EXPENDITURE ON | |||||
| Raising funds | 7 | 1,278 | - | 1,278 | 507 |
| Charitable activities | 8 | ||||
| Housing services | 236,941 | - | 236,941 | 317,462 | |
| Total | 238219 | - | 238,219 | 317,969 | |
| NET INCOMEI(EXPENDITURE) | (20,823) | 126,600 | 105,777 | 87,588 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 5,003,645 | 177,289 | 5,180,934 | 5,093346 | |
| TOTAL FUNDS CARRIED FORWARD | 4,982,822 | 303,889 | 5,286,711 | 5,180934 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible assets | 14 | 6,300 | - | 6,300 | 8,400 |
| Tangible assets | 15 | 5,506,712 | 227,496 | 5,734,208 | 5,127,340 |
| 5,513,012 | 227,496 | 5,740,508 | 5,135,740 | ||
| CURRENT ASSETS | |||||
| Debtors | 16 | 12,080 | 72,504 | 84,584 | 17,546 |
| Cash at bank | 374,875 | 3,889 | 378,764 | 277,430 | |
| 386,955 | 76,393 | 463,348 | 294,976 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 17 | (538,921) | (538,921) | (24,403) | |
| NET CURRENT ASSETS | (151,966) | 76,393 | (75,573) | 270,573 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 5,361,046 | 303,889 | 5,664,935 | 5,406,313 | |
| CREDITORS | |||||
| Amounts falling due after more than one year | 18 | (378,224) | (378,224) | (225,379) | |
| NET ASSETS | 4,982,822 | 303,889 | 5,286,711 | 5,180,934 | |
| FUNDS | 21 | ||||
| Unrestricted funds | 4,982,822 | 5,003,645 | |||
| Restricted funds | 303,889 | 177,289 | |||
| TOTAL FUNDS | 5,286,711 | 5,180,934 |
| Years | |
|---|---|
| Structure | 100 |
| Roof | 50 |
| Windows and doors | 30 |
| Kitchens and bathrooms | 25 |
| Mechanical services | 20 |
| Heating and plumbing | 25 |
| Fit out costs | 25 |
| In addition, depreciation is provided | at an annual rate on the |
|---|---|
| Improvements to property | 4% straight line |
| Fixtures and fittings | 20% straight line |
| Computer equipment | 25% straight line |
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Donations | 5,523 | 6,624 |
| Grants | 126,601 | 173,400 |
| 132,124 | 180,024 |
| 2021 | 2020 |
|---|---|
| £ | £ |
| 126,601 | 173,400 |
| OTHER TR | ADING ACTIVITIES | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Fundraising | events | - | 770 | |
| Raffle | 311 | |||
| 1,081 |
| INVESTMENT INCOME | |||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| £ | £ | ||||
| Deposit account interest | 114 | 1,801 | |||
| INCOME FROM CHARITABLE ACTIVITIES | |||||
| 2021 | 2020 | ||||
| Activity | £ | £ | |||
| Rental income | Housing services | 211,758 | 222,651 | ||
| RAISING FUNDS | |||||
| Other trading activities | |||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Licensing | 20 | 20 | |||
| Printing costs | - | 271 | |||
| Just Giving charges | 216 | 216 | |||
| Memory sticks | 699 | - | |||
| Social media costs | 343 | ||||
| 1,278 | 507 | ||||
| CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | ||||
| Costs (see | costs | (see | |||
| note 9) | note | 10) | Totals | ||
| £ | £ | £ | |||
| Housing services | 233,341 | 3,600 | 236,941 |
| DIRECT COSTS OF CHARITABLE ACTIVITIES | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Rates and water | 561 | 160 |
| Service costs | 82,272 | 157103 |
| Grounds maintenance | 16,596 | 10144 |
| Managementfee | 38,607 | 37694 |
| Rents | 6,000 | 6,000 |
| Insurance | 6,488 | 7,579 |
| Data processing | 60 | 820 |
| Printing, postage & stationery | 122 | 818 |
| General costs | 30 | 1,034 |
| Appeals and donations | 2,194 | 1,100 |
| 70th celebrations | - | 20,829 |
| Bad debts | 3,440 | 116 |
| Internet hosting | 450 | |
| Depreciation | 59,424 | 58,101 |
| Loss on sale ofassets | 257 | - |
| Interest payable and similarcharges | 16,840 | 11,571 |
| 233,341 | 313,069 |
| Governance costs | ||
|---|---|---|
| 2021 | 2020 | |
| Housing | Total | |
| services | activities | |
| £ | £ | |
| Trustees’ expenses | 397 | |
| Auditors’ remuneration | 3,200 | 3,120 |
| Accountancy and legal fees | 400 | 876 |
| 3,600 | 4,393 |
| Net income/(expenditure) is stated aftercharging/(crediting): | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Auditors’ remuneration | 3,200 | 3,120 |
| Depreciation - owned assets |
57,324 | 56,002 |
| Deficit on disposal of fixed assets | 257 | - |
| Computer software amortisation | 2,100 | 2,100 |
| Trustee | Annual | rental | Annual | rental |
| 2021 | 2020 | |||
| £ | £ | |||
| M Doyle | 4,987 | 4,694 | ||
| A 1-libbert (to 30.04.19) | 369 | |||
| M Martin | 5,150 | 5057 | ||
| Total | 10,137 | 10320 | ||
| Trustees’ expenses | ||||
| 2021 | 2020 | |||
| £ | £ | |||
| Trustees’ expenses | - | 397 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 6,624 | 173,400 | 180,024 |
| Charitable activities | |||
| Housing services | 222,651 | - | 222,651 |
| Other trading activities | 1081 | - | 1,081 |
| Investment income | 1,801 | - | 1,801 |
| Total | 232,157 | 173,400 | 405,557 |
| EXPENDITURE ON | |||
| Raising funds | 507 | - | 507 |
| Charitable activities | |||
| Housing services | 317,462 | - | 317,462 |
| Total | 317,969 | - | 317,969 |
| NET INCOMEI(EXPENDITURE) | (85,812) | 173,400 | 87,588 |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 5,089,457 | 3,889 | 5,093,346 |
| TOTAL FUNDS CARRIED FORWARD | 5,003,645 | 177,289 | 5,180,934 |
| INTANGIBLE FIXED ASSETS | |
|---|---|
| Computer | |
| software | |
| £ | |
| COST | |
| At 1 April 2020 and 31 March 2021 | 10,500 |
| AMORTISATION | |
| At 1 April 2020 | 2,100 |
| Charge foryear | 2,100 |
| At 31 March 2021 | 4,200 |
| NET BOOK VALUE | |
| At 31 March 2021 | 6,300 |
| At 31 March 2020 | 8,400 |
| Improvements | Fixtures | ||||
|---|---|---|---|---|---|
| Freehold | to | and | Computer | ||
| property | property | fittings | equipment | Totals | |
| £ | £ | £ | £ | £ | |
| COST | |||||
| At 1 April 2020 | 5,369,428 | 42,470 | 16,883 | 2,815 | 5,431,596 |
| Additions | 662,157 | - | 1,730 | 562 | 664,449 |
| Disposals | - | - | - | (399) | (399) |
| At 31 March 2021 | 6,031,585 | 42,470 | 18,613 | 2,978 | 6,095,646 |
| DEPRECIATION | |||||
| At 1 April 2020 | 298,909 | 1,699 | 2,801 | 847 | 304,256 |
| Charge for year | 51,279 | 1,699 | 3,664 | 682 | 57,324 |
| Eliminated on disposal | (142) | (142) | |||
| At 31 March 2021 | 350,188 | 3,398 | 6,465 | 1,387 | 361,438 |
| NET BOOK VALUE | |||||
| At 31 March 2021 | 5,681,397 | 39,072 | 12,148 | 1,591 | 5,734,208 |
| At31 March2020 | 5,070,519 | 40,771 | 14,082 | 1,968 | 5.127,340 |
| 16. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Otherdebtors | 84,584 | 17,546 | |
| 17. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Bank loans and overdrafts (see note 19) | 16,153 | 6,000 | |
| Other creditors | 502,407 | 6,563 | |
| Accruals and deferred income | 20,361 | 11,840 | |
| 538,921 | 24,403 |
| CREDITOR | S: AMOUNTS FALLING DUE AFTER MORE THAN ON | E YEAR | |
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Bank loans | (see note 19) | 378,224 | 225,379 |
| LOANS | |||
| An analysis | of the maturity of loans is given below: | ||
| 2024 | 2020 | ||
| £ | £ | ||
| Amounts falling due within one year on demand: | |||
| Bank loans | 16,153 | 6,000 | |
| Amounts falling due between two and five years: | |||
| Bank loans | - 2-5 years | 69,414 | 48,081 |
| Amounts falling due in more than five years: | |||
| Repayable by instalments: | |||
| Bank loans | moreS yr by instal | 308,810 | 177,298 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Bank loans | 394,377 | 231,379 | |||
| 21. | MOVEMENT IN FUNDS | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/4/20 | in funds | funds | 31/3/21 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 1,252,390 | (20,823) | 10,202 | 1,241,769 | |
| Revaluation fund | 3,751,255 | - | (10,202) | 3,741,053 | |
| 5,003,545 | (20,823) | - | 4,982,822 | ||
| Restricted funds | |||||
| Welfare fund | 3,889 | - | - | 3,889 | |
| Property redevelopment | 173,400 | 126,600 | 300,000 | ||
| 177,289 | 126,600 | 303,889 | |||
| TOTAL FUNDS | 5,180,934 | 105,777 | - | 5,286,711 | |
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 217,396 | (238,219) | (20823) | ||
| Restricted funds | |||||
| Property redevelopment | 126600 | - | 126,600 | ||
| TOTAL FUNDS | 343,996 | (238,219) | 105,777 | ||
| Comparatives for movement in funds | |||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/4/19 | in funds | funds | 31/3/20 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 1,328,000 | (85,812) | 10,202 | 1,252,390 | |
| Revaluation fund | 3,761,457 | - | (10,202) | 3,751,255 | |
| 5,089,457 | (85,812) | - | 5,003,645 | ||
| Restricted funds | |||||
| Welfare fund | 3,889 | - | 3,889 | ||
| Property redevelopment | 173,400 | 173,400 | |||
| 3,889 | 173,400 | 177,289 | |||
| TOTAL FUNDS | 5,093,346 | 87,588 | - | 5,180,934 |
| Comparative net movement in funds, included | in the above are as follows: | ||
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 232157 | (317,969) | (85812) |
| Restricted funds | |||
| Property redevelopment | 173,400 | - | 173,400 |
| TOTAL FUNDS | 405,557 | (317,969) | 87,588 |
| A current year 12 months and priory | ear 12 months combined po | sition is as follow | s: | |
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1/4/19 | in funds | funds | 31/3/21 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 1,328,000 | (106,635) | 20404 | 1,241,769 |
| Revaluation fund | 3,761,457 | - | (20,404) | 3,741,053 |
| 5,089,457 | (106,635) | - | 4,982,822 | |
| Restricted funds | ||||
| Welfare fund | 3,889 | - | - | 3,889 |
| Property redevelopment | - | 300,000 | 300,000 | |
| 3,889 | 300,000 | 303,889 | ||
| TOTAL FUNDS | 5,093,346 | 193,365 | - | 5,286,711 |
| as follows: | |||
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 449,553 | (556,188) | (106,635) |
| Restricted funds | |||
| Property redevelopment | 300,000 | - | 300,000 |
| TOTAL FUNDS | 749,553 | (556,188) | 193,365 |