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|---|---|---|---|---|
|Report ofthe Trustees||1|to|2|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes tothe Financial Statements||6|to|10|
|Detailed Statement ofFinancial Activities|||||
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|||||||Year Ended|Period|
|---|---|---|---|---|---|---|---|
|||||||30.4.22|30.4.21|
|||||General|Designated|Total|Total|
|||||fund|funds|funds|funds|
|INCOME AND ENDOWMENTS||FROM|Notes|6||6|8|
|Other trading
activities
Investment
income||||45,826
60||45,826
60|45,920
65|
|Total||||45,886||45886|45,985|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Services||||6,761||6,761|8,283|
|Other||||21,758|16,565|38,323|41,988|
|Total||||28,519|16,565|45,084|50271|
|NET INCOME/(EXPENDITURE)
Transfers
between funds|||11|17,367
~27,787)|(16,565)
27,787|802|(4,288)|
|Net movement
in funds||||(10,420)|11,222|802|(4,286)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||38,363|119,884|156,047|160,333|
|TOTAL FUNDS CARRIED FORWARD||||25,943|130,908|156,849|156,047|
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||||3~0|4
9 2D22||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||General|Designated|Total|Total|
||||Notes|fundf|funds
5|funds
5|funds
8|
|FIXEDASSETS||||||||
|Tangible assets||||75,674|49,136|124,810|124,810|
|CURRENT ASSETS||||||||
|Debtors
Cash at bank||||1,367
28,046|81,476|1,367
109,522|1,353
110,658|
|||||29,413|81,476|110,889|112,011|
|CREDITORS||||||||
|Amounts
falling|due within one year|||(2,431)||(2,137)|(3,254)|
|NET CURRENT ASSETS||||26,982|81,770|108,752|108,757|
|TOTAL ASSETSLESSCURRENT LIABILITIES||||102,656|130,906|233,562|233,567|
|CREDITORS||||||||
|Amounts
falling|due after more than one year||9|(76,713)||(76,713)|(77,520)|
|NET ASSETS||||25,943|130,906|156,849|156,047|
|FUNDS||||||||
|General funds||||||25,943|36,363|
|Designated
funds:||||||||
|Property
equity fund||||||49,430|48,042|
|Cycilical maintenance||fund||||26,469|19,635|
|Extraordinary|repairs|fund||||55,007|52,007|
|||||||130,906|119,684|
|TOTAL FUNDS||||||156,849|156047|
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||||||||Period|
|---|---|---|---|---|---|---|---|
|||||||Year Ended|to|
|||||||30.4.22|30.4.21|
|||||||6|8|
|Deposit account interest||||||60|65|
|TRUSTEE DIRECTORS REMUNERATION||||AND BENEFITS||||
|Trustee Director expenses||||||||
|The following
Trustee|directors|were|paid|expenses|in the year ended 30 April|2022 of6113|(2021: 667) i|
|reimbursing
expenses.||||||||
|COMPARATIVES FOR THE STATEMENT||||OF FINANCIAL ACTIVITIES||||
||||||General|Designated|Total|
||||||fund|funds|funds|
||||||5|8|6|
|INCOME AND ENDOWMENTS||FROM||||||
|Other trading
activities|||||45,920||45,920|
|Investment
income|||||65||65|
|Total|||||45,985||45,985|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Services|||||8,283||8,283|
|Other|||||21,269|20,719|41,988|
|Total|||||29,552|20,719|50,271|
|NET INCOME/(EXPENDITURE)
Transfers
between funds|||||16,433
8,000|(20,719)
~8,000|(4,286)|
|Net movement
in funds|||||24,433|(28,719)|(4,286)|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward|||||11,930|148,403|160,333|
|TOTAL FUNDS CARRIED FORWARD|||||36,363|119,684|156,047|
|TANGIBLE FIXEDASSETS||||||||
||||||||Freehold|
||||||||property|
||||||||8|
|COST||||||||
|At 1 May 2021 and 30April 2022|||||||124,810|
|NET BOOK VALUE||||||||
|At 30April 2022|||||||124,810|
|At 30April 2021|||||||124,810|
|The freehold
property|at Dingle|Court comprises 10units.||||||
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|DEBTORS: AMOUNTS|F|ALLIN|G DUE WITHIN O|N|E YEAR||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022||2021
f|
|Debtors and prepayments||||||||||1,367||1,353|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN||ONE YEAR|||||||||
|||||||||||2022||2021
f|
|Other creditors||||||||||~2137||~3254|
|CREDITORS: AMOUNTS||FALLING DUE AFTER||MORE THAN ONE YEAR|||||||||
|||||||||||2022||2021|
|||||||||||E||F|
|Other creditors||||||||||76,713||77520|
|Other creditors over one
a legal charge over the|year is
freehold||made up ofa mortgage
advanced
land and buildings.
The loan is|||by the Housing
repayable
over||||Corporation
60 years
by|that is
equal|secured
half year|
|installments
of principal
year end was f77,520.|and interest at an interest|||rate of 10.37559 per annum.|||||The total loan||outstanding
at t||
|LOANS|||||||||||||
|An analysis ofthe maturity||ofloans is given below:|||||||||||
|||||||||||2022||2021|
|||||||||||E||6|
|Amounts
falling due within||one year on demand:|||||||||||
|Housing
loan||||||||||806||728|
|Amounts
falling between
Housing
loan|more than
1 year|||||||||76,713||77,520|
|MOVEIIIIENT
IN FUNDS|||||||||||||
|||||||Net||||Transfers|||
|||||||movement||||between||At|
|||||At 1.5.21||in funds
6||||fundsf||30.4.22
f|
|General funds|||||||||||||
|General fund|||||36,363|17,367||||(27,787)||25,943|
|Designated
funds
Property
equity fund
Cycilical maintenance
fund|||||48,042
19,635|1
(16,566)||||1,387
23,400||49,430
26,469|
|Extraordinary
repairs fund|||||52,007|||||3,000||55,007|
||||||«9,684|~16565||||27,787||130,906|
|TOTAL FUNDS||||~156 047|||802|||||156,849|
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|||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|
|||||||resources|expended|in funds|
|||||||F|F|6|
|General|funds||||||||
|General|fund|||||45,886|(28,519)|17,367|
|Designated
funds|||||||||
|Property
Cycilical|equity fund
maintenance||fund||||1
{16,566)|1
(16,556666)|
||||||||~16,565|~16,565|
|TOTAL|FUNDS|||||~45 886|(45,008844)|802|
|Comparatives||for movement||in funds|||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 7.9.16|in funds|funds|30.4.21|
||||||||8||
|General|funds||||||||
|General|fund||||11,930|16,433|8,000|36,363|
|Designated
funds
Property
equity fund
Cycilical maintenance
Extraordinary
repairs|||fund
fund||48,042
47,354
53,007|(20,719)|(7,000)
~1,000)|48,042
19,635
52,007|
||||||~148403|~20,719|8,000|119,684|
|TOTAL|FUNDS||||160 333|~4,286)||156,047|
|Compara|tive
net mov|ement
in funds,
included
i|n the above are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||F|||
|General|funds|||||
|General|fund||45,985|(29,552)|16,433|
|Designated
funds
Cycilical maintenance||fund||(20,719)|(20,719)|
|TOTAL|FUNDS||45,985|~50,271)|~4,286)|
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|||Year Ended|Period to|
|---|---|---|---|
|||30.4.22|30.4.21|
|||8||
|INCOME AND|ENDOWMENTS|||
|Other trading|activities|||
|Rents received|Dingle Court|43,200|42,897|
|Other income||100|50|
|Electricity contributions||2,386|2,723|
|Use ofguest room||140|250|
|||45,826|45,920|
|Investment
income||||
|Deposit account interest||60||
|Total incoming|resources|45,886|45,985|
|EXPENDITURE||||
|Charitable
activities||||
|Rates, water and insurance||3,251|5,954|
|Light and heat||3,350|2,169|
|Warden||160|160|
|||6,761|8,283|
|Other||||
|Repairs and maintenance||12,352|11,626|
|Cyclical maintenance||16,566|20,719|
|||28,918|32,345|
|Support costs||||
|Finance||||
|Interest on annuity||8,094|8,164|
|Governance|costs|||
|Accountancy||648|654|
|Travelling
and|administration|113|102|
|Sundries||550|723|
|||1,311|1,479|
|Total resources|expended|45,084|50,271|
|Net income/(expenditure)||802|~4,286)|