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2022-03-31-accounts
|
|
|
|
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 |