| Contents | |||
|---|---|---|---|
| Page | |||
| Trustees | |||
| Reference and administrative | details ofthe charity and advisers | ||
| Trustees' report | 3-5 | ||
| Independent examiner's |
report | 6-7 | |
| Statement ofRnanclal activities | |||
| I6alsnce sheet | |||
| Notes to the financial statements | 10-19 |
| Statement offinancial activities | Statement offinancial activities | Statement offinancial activities | |||||
|---|---|---|---|---|---|---|---|
| For the year ended 31 March 2023 | |||||||
| Endowment | Unrestricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 2023 | 2023 | 2023 | 2022 | ||||
| Note | 6 | 6 | 6 | 6 | |||
| Income and endowments | from: | ||||||
| Charitable activities |
21,038 | 21,038 | 21,064 | ||||
| Investments | 4,840 | 4,840 | 4,631 | ||||
| Total income and | endowments | 25,678 | 25,878 | 25,695 | |||
| Expenditure on: |
|||||||
| Charitable activities |
14,402 | 14,402 | 24,781 | ||||
| Total expenditure | 14,402 | 14,402 | 24,781 | ||||
| Net Income before investment | |||||||
| gains/(losses) Net gains/(losses) |
on investments | 8 | (3,338) | 11,476 (987) |
11,476 (4,323) |
914 14,925 |
|
| Net income / (expenditure) before other recognised gains and losses |
(3,336) | 10,489 | 7,153 | 15,839 | |||
| Net movement in |
funds | (3,336) | 10,489 | 7,153 | 15,839 | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 89,251 | 399,555 | 488,806 | 472,967 | ||
| Total funds carried forward | ss,91s | 410,044 | 49s,gsg | 4aa,aoa |
| Charitable activities |
||||
|---|---|---|---|---|
| Endowment | Unrestricted | Total | Total | |
| funds | funds | funds | funds | |
| 2023 f |
2023 f |
2023f | 2022f | |
| Insurance | 1,291 | 1,291 | 1,364 | |
| Repairs and maintenance | 7,883 | 7,883 | 17,020 | |
| Gifts to residents | 450 | 450 | 450 | |
| Essential services grants | 1,410 | 1,410 | 1,320 | |
| Electricity and water rates | 230 | 230 | 203 | |
| Gardening | 1,000 | 1,000 | 2,240 | |
| Window cleaning |
150 | 150 | 210 | |
| Subscrlptions | 524 | 524 | 508 | |
| Sundry | 62 | 62 | 77 | |
| Honoraria | 500 | 500 | 500 | |
| Accountancy fees | 902 | 902 | 890 | |
| Total | 14,402 | 14,402 | 24,782 |
| For | the year ended 31 March 2023 |
||
|---|---|---|---|
| 7. | Tangible fixed assets | ||
| Housing | |||
| Land and | |||
| buildings | |||
| 6 | |||
| Cost | |||
| At 1 April 2022 and 31 March 2023 | 256,019 | ||
| Depreciation | |||
| At 1 April 2022 and 31 March 2023 | |||
| Net book value | |||
| At 31 March 2023 | 256,019 | ' | |
| At 31 March 2022 | 256,019 |
| Listed | ||||||
|---|---|---|---|---|---|---|
| securities | ||||||
| 6 | ||||||
| Market value | ||||||
| At 1 April | 2022 | 173,103 | ||||
| Revaluations | (4,323) | |||||
| At 31 March 2023 | 168,780 | |||||
| Historical | cost | 108,956 | ||||
| Material | Investments | |||||
| 31 March | 31 March | |||||
| 2023 | 2022 | |||||
| 8 | 5 | |||||
| COIF Charities | Investment | Fund - income units | 85,915 | 89,251 | ||
| Schroders | Equity Fund - accumulation | units | 24,494 | 23,808 | ||
| M&G NAACIF - | income units | 58,371 | 60,044 | |||
| 168,780 | 173,103 |
| Debtors | |||
|---|---|---|---|
| 2023 | 2022 | ||
| 6 | |||
| Other debtors and prepayments | 507 | 253 | |
| Creditors: Amounts | falling due within one year | ||
| 2023 | 2022 | ||
| 8 | 6 | ||
| Trade creditors | 500 | 15,483 | |
| Other creditors and | accruals | 900 | 880 |
| 1,400 | 16,363 |
| Analysis | of net assets between | funds ~rurrsnt year |
|||
|---|---|---|---|---|---|
| Endowment | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2023 | 2023 | 2023 | |||
| 6 | |||||
| Tangible fixed assets Fixed asset investments |
85,915 | 256,019 82,865 |
256,019 168,780 |
||
| Current assets | 72,560 | 72,560 | |||
| Creditors | due within one year | (1400) | (1,400) | ||
| 85,915 | 410,044 | 495,959 | |||
| Analysis | of net assets between | funds - prior year | |||
| Endowment | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2022 | 2022f | 2022 6 |
|||
| Tangible | fixed assets | 256,019 | 256,019 | ||
| Fixed asset investments Current assets |
89,251 | 83,852 76,047 |
173,103 '76,047 |
||
| Creditors | due within one year | (16,363) | (16,363) | ||
| 89,251 | 399,555 | 488,806 |
| Statement |
offund | s | - curre | nt year | |||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at | |||||||||
| Balance at | Transfers | Gains/ | 31 March | ||||||
| 1 April 2022 6 |
Income 6 |
Expenses'6 | In/out | (Losses) 6 |
2023 6 |
||||
| Designated | funds | ||||||||
| Cyclical Repair Fund | 39,907 | (1,512) | 5,388 | 43,783 | |||||
| Extraordinary | Repair | Fund | 21,083 | (4,957) | 3,294 | 1$,420 | |||
| 60,$90 | (6,469) | 8,682 | 63,203 | ||||||
| General funds | |||||||||
| General Funds | 338,565 | 25,878 | (7,$33) | (8,682) | (987) | 346,841 | |||
| Total Unrestricted | funds | 399,555 | 25,878 | (14,402) | (987) | 410,044 | |||
| Endowment | funds | ||||||||
| Endowment | Funds | 89,251 | (3,336) | 85,915 | |||||
| Total offunds | 488,806 | 25,878 | (14,402) | (4,323) | 495,959 | ||||
| Statement offunds | -prior | year | |||||||
| Balance at | |||||||||
| Balance at | Transfers | Gains/ | 31 March | ||||||
| 1 Aprg 2021f | Income | Expenses K |
in/out | (Losses) | 2022 5 |
||||
| Designated | funds | ||||||||
| Cyclical Repair Fund | 35,804 | (1,021) | 5.124 | 39,907 | |||||
| Extraordinary | Repair | Fund | 29,536 | (15,483) | 3,132 | 3,898 | 21,083 | ||
| 65,340 | (16,504) | 8,256 | 3,898 | 60,990 | |||||
| General Funds | 325,496 | 25,695 | (8,277) | (8,256) | 3,907 | 338,565 | |||
| Endowment | Funds | 82,131 | 7,120 | 89,251 |