| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 3 | 10405 | - | 10405 | 132,124 |
| Charitable activities | 5 | ||||
| Housing services | 255,199 | - | 255,199 | 211,758 | |
| Investment income | 4 | 19 | - | 19 | 114 |
| Total | 265,623 | - | 265623 | 343,996 | |
| EXPENDITURE ON | |||||
| Raising funds | 6 | 390 | - | 390 | 1,278 |
| Charitable activities | 7 | ||||
| Housing services | 296,882 | 29,232 | 328,114 | 236,941 | |
| Total | 299,272 | 29,232 | 328,504 | 238,219 | |
| NET INCOME/(EXPENDITURE) | (33,649) | (29,232) | (62,881) | 105,777 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 4,982,822 | 303,889 | 5,286,711 | 5,180,934 | |
| TOTAL FUNDS CARRIED FORWARD | 4,949,173 | 274,657 | 5,223,830 | 5,286,711 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible assets | 13 | 4,260 | - | 4,200 | 6,300 |
| Tangible assets | 14 | 5,393,589 | 270,768 | 5,664,357 | 5,734208 |
| 5,397,789 | 270,768 | 5,668557 | 5,740,508 | ||
| CURRENT ASSETS | |||||
| Debtors | 15 | 6,619 | - | 6,619 | 84,584 |
| Cash at bank | 173,080 | 3,889 | 176,969 | 378,764 | |
| 179,699 | 3,889 | 183,588 | 463348 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 16 | (80,874) | - | (80,874) | (538,921) |
| NETCURRENTASSETS | 98,825 | 3,889 | 102,714 | (75,573) | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 5,496,614 | 274,657 | 5,771271 | 5.664,935 | |
| CREDITORS | |||||
| Amounts falling due after more than one year | 17 | (547,441) | - | (547,441) | (378,224) |
| NETASSETS | 4,949,173 | 274,657 | 5,223,830 | 5,286,711 | |
| FUNDS | 20 | ||||
| Unrestricted funds | 4,949173 | 4,982,822 | |||
| Restricted funds | 274,657 | 303,889 | |||
| TOTAL FUNDS | 5,223,830 | 5.286,711 |
| Depreciation is charged over th | e expected u |
|---|---|
| Years | |
| Structure | 100 |
| Roof | 50 |
| Windows and doors | 30 |
| Kitchens and bathrooms | 25 |
| Mechanical services | 20 |
| Tangible fixed assets — cont |
inued |
|---|---|
| Years | |
| Heating and plumbing | 25 |
| Fit out costs | 25 |
| Solar panels | 60 |
| Electrical wiring | 40 |
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Donations | 10,405 | 5,523 |
| Grants | - | 126,601 |
| 10,405 | 132.124 | |
| Grants received, included in the above, are as follows: | ||
| 2022 | 2021 | |
| £ | £ | |
| Derby City Council | - | 126,601 |
| 4. | INVESTMENT INCOME | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| £ | £ | ||||
| Deposit account interest | 19 | 114 | |||
| 5. | INCOME FROM CHARITABLE | ACTIVITIES | |||
| 2022 | 2021 | ||||
| Activity | £ | £ | |||
| Rental income | Housing services | 255199 | 211758 | ||
| 6. | RAISING FUNDS | ||||
| Othertrading activities | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Trustees expenses | 174 | ||||
| Licensing | - | 20 | |||
| Just Giving charges | 216 | 216 | |||
| Memory sticks | - | 699 | |||
| Social media costs | - | 343 | |||
| 390 | 1,278 | ||||
| 7. | CHARITABLE ACTIVITIES COSTS | ||||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 8) | note 9) | Totals | |||
| £ | £ | £ | |||
| Housing services | 322.726 | 5,388 | 328,114 | ||
| 8. | DIRECT COSTS OF CHARITABLE ACTIVITIES | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Rates and water | 664 | 561 | |||
| Service costs | 145,147 | 82272 | |||
| Grounds maintenance | 13,171 | 16,596 | |||
| Management fee | 41,341 | 38,607 | |||
| Rents | 6,000 | 6,000 | |||
| Insurance | 7956 | 6,488 | |||
| Data processing | 120 | 60 | |||
| Printing, postage & stationery | - | 122 | |||
| General costs | 650 | 30 | |||
| Appeals and donations | 100 | 2,194 | |||
| Bank charges | 34 | ||||
| Bad debts | 1461 | 3,440 | |||
| Internet hosting | 465 | 450 | |||
| Depreciation | 89,406 | 59,424 | |||
| Loss on sale ofassets | 257 | ||||
| Interest payable and similar charges | 16,211 | 16,840 | |||
| 322,726 | 233,341 |
| SUPPORT COSTS | ||
|---|---|---|
| Governance | ||
| costs | ||
| £ | ||
| Housing services | 5,388 | |
| Support costs, included in the above, are as follows: | ||
| Governance costs | ||
| 2022 | 2021 | |
| Housing | Total | |
| services | activities | |
| £ | £ | |
| Auditors remuneration | 4,920 | 3,200 |
| Accountancy and legal fees | 468 | 400 |
| 5,388 | 3,600 | |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 2022 | 2021 | |
| £ | £ | |
| Auditors’ remuneration | 4,920 | 3.200 |
| Depreciation owned assets | 87,306 | 57,324 |
| Deficit on disposal of fixed assets | - | 257 |
| Computer software amortisation | 2,100 | 2,100 |
| Trustee | Annual | rental | Annual | rental |
| 2022 | 2021 | |||
| £ | £ | |||
| M Doyle | 5,181 | 4,987 | ||
| M Martin | 5,345 | 5,150 | ||
| Total | 10,526 | 10,137 | ||
| Trustees’ expenses | ||||
| 2022 | 2021 | |||
| £ | £ | |||
| Trustees’ expenses | 174 |
| 12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 5,524 | 126600 | 132,124 | |
| Charitable activities | ||||
| Housing services | 211,758 | - | 211758 | |
| Investment income | 114 | 114 | ||
| Total | 217,396 | 126,600 | 343,996 | |
| EXPENDITURE ON | ||||
| Raising funds | 1,276 | - | 1.278 | |
| Charitable activities | ||||
| Housing services | 236,941 | 236,941 | ||
| Total | 238,219 | 238.219 | ||
| NET INCOMEI(EXPENDITURE) | (20,823) | 126,600 | 105,777 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 5,003.645 | 177,289 | 5,180,934 | |
| TOTAL FUNDS CARRIED FORWARD | 4,982,822 | 303,889 | 5,286,711 | |
| 13. | INTANGIBLE FIXED ASSETS | |||
| Computer | ||||
| software | ||||
| £ | ||||
| COST | ||||
| At 1 April 2021 and 31 March 2022 |
10,500 | |||
| AMORTISATION | ||||
| At 1 April 2021 | 4,200 | |||
| Charge foryear | 2,100 | |||
| At 31 March 2022 | 6,300 | |||
| NET BOOK VALUE | ||||
| At 31 March 2022 | 4,200 | |||
| At31 March2021 | 6,300 |
| Improvements | Fixtures | ||||
|---|---|---|---|---|---|
| Freehold | to | and | Computer | ||
| property | property | fittings | equipment | Totals | |
| £ | £ | £ | £ | £ | |
| COST | |||||
| At I April 2021 | 6,031,585 | 42,470 | 18,613 | 2978 | 6,095,646 |
| Additions | 15,463 | 810 | 1,182 | - | 17,455 |
| At 31 March 2022 | 6,047,048 | 43,280 | 19,795 | 2,978 | 6,113,101 |
| DEPRECIATION | |||||
| At 1 April 2021 | 350,188 | 3,398 | 6,465 | 1,387 | 361,438 |
| Charge foryear | 81,001 | 1,714 | 3,697 | 694 | 87,306 |
| At 31 March 2022 | 431,189 | 5,112 | 10,362 | 2,081 | 448,744 |
| NET BOOK VALUE | |||||
| At 31 March 2022 | 5,615,859 | 38,168 | 9,433 | 897 | 5,664,357 |
| At 31 March 2021 | 5,681,397 | 39,072 | 12,148 | 1591 | 5,734,208 |
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Other debtors | 5,287 | 84.584 |
| Prepayments | 1,332 | - |
| 6,619 | 84,584 | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | |
| £ | £ | |
| Bank loans and overdrafts (see note 18) | 22823 | 16,153 |
| Other creditors | 48,801 | 502,407 |
| Accruals and deferred income | 9,250 | 20,361 |
| 80,874 | 538,921 |
| 17. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Bank loans | (see note 18) | 547,441 | 378,224 | |
| 18. | LOANS | |||
| An analysis | ofthe maturity of loans is given below: | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Amounts falling due within one year on demand: | ||||
| Bank loans | 22,823 | 16,153 | ||
| Amounts falling due between two and five years: | ||||
| Bank loans | - 2-5 years | 100,774 | 69,414 | |
| Amounts falling due in more than five years: | ||||
| Repayable | by instalments: | |||
| Bank loans | more 5 yr by instal | 446,667 | 308810 |
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Bank | loans | 570,264 | 394.377 |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1/4/21 | in funds | funds | 31/3/22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 1,241,769 | (33,649) | 10,202 | 1,218,322 |
| Revaluation fund | 3,741,053 | - | (10,202) | 3,730,851 |
| 4,982,822 | (33,649) | 4,949,173 | ||
| Restricted funds | ||||
| Welfare fund | 3,889 | - | - | 3,889 |
| Property redevelopment | 300,000 | (29,232) | 270,768 | |
| 303,889 | (29,232) | 274,657 | ||
| TOTAL FUNDS | 5,286,711 | (62,881) | 5,223,830 |
| Net movement in funds, included in the above | are as follows: | ||
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 265,623 | (299,272) | (33,649) |
| Restricted funds | |||
| Property redevelopment | - | (29,232) | (29,232) |
| TOTAL FUNDS | 265,623 | (328,504) | (62,881) |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1/4120 | 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 |
| 5,003,645 | (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 |
| Comparative 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) | (20,823) |
| Restricted funds | |||
| Property redevelopment | 126,600 | - | 126,600 |
| TOTAL FUNDS | 343,996 | (238,219) | 105,777 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1/4/20 | in funds | funds | 31/3/22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 1,252390 | (54,472) | 20,404 | 1,218,322 |
| Revaluation fund | 3,751,255 | - | (20404) | 3,730,851 |
| 5003,645 | (54,472) | - | 4,949,173 | |
| Restricted funds | ||||
| Welfare fund | 3,889 | - | - | 3,889 |
| Property redevelopment | 173,400 | 97,368 | 270,768 | |
| 177,289 | 97,368 | 274,657 | ||
| TOTAL FUNDS | 5,180,934 | 42,896 | - | 5,223,830 |
| as follows: | |||
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 483,019 | (537,491) | (54,472) |
| Restricted funds | |||
| Property redevelopment | 126,600 | (29,232) | 97,368 |
| TOTAL FUNDS | 609619 | (566,723) | 42,896 |