This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2023-02-06-accounts
| la. |
& |
b. |
Trustees Report |
| 2. |
|
|
Independent Examiners Report |
| 3. |
|
|
Statement of FinancialActivities |
| 4. |
|
|
Balance Sheet |
| 5a. |
to |
e. |
Notes to the Financial Statements |
|
Unrestricted |
Restricted |
Restricted |
Endowment |
Total |
Total |
|
Funds |
Funds |
|
Funds |
2023 |
2022 |
| Incoming Resources |
|
|
|
|
|
|
| Income from Residents |
83,736 |
|
|
|
83,736 |
79,996 |
| Guest Room |
650 |
|
|
|
650 |
190 |
| Fundraising |
|
|
205 |
|
205 |
337 |
| Investment Income |
5,428 |
|
|
|
5,428 |
4,833 |
| Total Incoming Resources |
89,814 |
|
205 |
|
90,019 |
85,356 |
| Resources Expended |
|
|
|
|
|
|
| Direct Charitable Expenditure |
87,942 |
|
|
|
87,942 |
56,652 |
| Management & Administration |
25,870 |
|
98 |
|
25,968 |
29,414 |
| Total Resources Expended |
113,812 |
|
98 |
|
113,910 |
86,066 |
| Net Incoming/(Outgoing) |
|
|
|
|
|
|
| Resources before Transfers |
(23,998) |
|
107 |
|
(23,891 ) |
(710) |
| TransfersBetween Funds |
22,896 |
(22,896) |
|
|
|
|
| Net Incoming/(Outgoing) |
|
|
|
|
|
|
| Resources for the Year |
(1
, 1 02) |
(22,789) |
|
|
(23,891) |
(710) |
| Other Recognised Gains & Losses |
|
|
|
|
|
|
| Unrealised Gains/(Losses) on |
|
|
|
|
|
|
| Investments |
(949) |
3 |
,434 |
(717) |
1 ,768 |
21 ,041 |
| Net Movement in Funds |
(2,051) |
(19,355) |
|
(717) |
(22,123) |
20,331 |
| Fund Balances B/Fwd |
410,698 |
100,759 |
|
24,788 |
536,245 |
515,914 |
| Fund BalancesCIFwd |
408,647 |
81 |
,404 |
24,071 |
514,122 |
536,245 |
|
|
|
2023 |
|
Total |
Total |
|
Notes |
Unrestricted |
Restricted |
Endowment |
2023 |
2022 |
| Fixed Assets |
|
|
|
|
|
|
| Tangible Assets |
2 |
282,344 |
|
|
282,344 |
281 ,875 |
| Investments |
3 |
101,464 |
80,667 |
24,071 |
206,202 |
227,330 |
|
|
383,808 |
80,667 |
24,071 |
488,546 |
509,205 |
| Current Assets |
|
|
|
|
|
|
| Debtors |
4 |
3,963 |
|
|
3,963 |
1 ,698 |
| Cash at Bank & In Hand |
5 |
24,613 |
737 |
|
25,350 |
29,442 |
|
|
28,576 |
737 |
|
29,313 |
31,140 |
Creditors
-Amounts falling due |
6 |
(3,737) |
|
|
(3,737) |
(4,100) |
| within one year |
|
|
|
|
|
|
| NetCurrent Assets |
|
24,839 |
737 |
|
25,576 |
27,040 |
| Total Assets less Current Liabilities |
|
408,647 |
811404 |
24,071 |
514,122 |
536,245 |
| Funds of the Charitv |
|
|
|
|
|
|
| Fund balances Bhud |
|
410,698 |
100,759 |
24,788 |
536,245 |
515,914 |
| Net movement in the year |
|
(2,051) |
(19,355) |
(717) |
(22,123) |
20,331 |
| Fund balances C/fivd |
|
408,647 |
81 ,404 |
24,071 |
514,122 |
536,245 |
|
Land & |
Plant & |
|
|
Buildings |
Machinery |
Total |
| Cost |
|
|
|
| As at 7th February 2022 |
280,103 |
6,037 |
286,140 |
| Additions |
|
864 |
864 |
| Disposals |
|
|
|
| As at 6th February 2023 |
280,103 |
6,901 |
287,004 |
| Depreciation |
|
|
|
| As at 7th February 2022 |
|
4,265 |
4,265 |
| Charge for the year |
|
395 |
395 |
| As at 6th February 2023 |
|
4,660 |
4,660 |
| Net Book Value at 6th February 2023 |
280,103 |
2,241 |
282,344 |
| Net Book Value at 6th February 2022 |
280,103 |
1,772 |
281 ,875 |
| The Land & Buildings are valued for insurancepurposes at |
|
|
|
| Fixed Asset Investments |
|
|
|
|
|
2023 |
2022 |
| Unit Trusts listed on the IJK stock exchange |
|
|
|
| Market Value at 7th February 2022 |
|
227,330 |
206,289 |
| Additions at cost |
|
|
|
| Disposals |
|
(22,896) |
|
| Revaluation |
|
1,768 |
21,041 |
| Market Value at 6th February 2023 |
|
206,202 |
227,330 |
| Debtors |
|
|
|
|
|
2023 |
2022 |
| SMP refundable |
|
2,234 |
|
| Prepayments and Accrued Income |
|
1,729 |
1 ,698 |
|
|
3,963 |
1 ,698 |
|
2023 |
2022 |
| CurrentAccount |
25,265 |
29,384 |
| Cash in hand |
85 |
58 |
|
25,350 |
29,442 |
|
2023 |
2022 |
| Maintenance |
|
548 |
| Accountancy Fees |
1 ,920 |
1 ,800 |
| Heat & Light |
1,787 |
1 ,673 |
| PAYE |
|
46 |
| Payroll Processing |
30 |
27 |
| Bank Charges |
|
6 |
|
3,737 |
4,100 |
|
Social |
Extraordinary |
Total |
|
Fund |
Repair |
|
|
|
Fund |
|
| Incomefrom Fundraising |
205 |
|
205 |
| Expenditure |
98 |
|
98 |
| Net Movement before Transfers |
107 |
|
107 |
| Gains on investments |
|
3,434 |
3,434 |
| Transfer to General Fund |
|
(22,896) |
(22,896) |
| Fund Balances Brought Forward |
630 |
100,129 |
100, 759 |
| Fund Balances Carried Forward |
737 |
80,667 |
81 ,404 |
| Notes to the FinancialStatements for the year ended 6t |
Notes to the FinancialStatements for the year ended 6t |
h Febru |
ary 2023 |
|
|
|
9.
Detailed Income& Expenditure Account |
|
|
|
|
|
|
|
|
|
2023 |
|
2022 |
|
|
Notes |
|
|
|
|
|
| INCOME |
|
|
|
|
|
|
| Residents Payments |
|
|
|
83,736 |
|
79,996 |
| Guest Room |
|
|
|
650 |
|
190 |
| Investment Income |
|
|
|
5,428 |
|
4,833 |
Fundraising
- |
Garden Party Grant |
|
|
|
|
300 |
|
Social Fund |
|
|
205 |
|
37 |
|
|
|
|
90,019 |
|
85,356 |
| EXPENDITURE |
|
|
|
|
|
|
| Property Expenses : |
|
|
|
|
|
|
| Electricity |
|
|
3,089 |
|
1 ,671 |
|
| Gas |
|
|
12,277 |
|
13,245 |
|
| Insurance |
|
|
2,932 |
|
2,756 |
|
| Repairs & Maintenance : |
|
|
|
|
|
|
| Routine Repairs |
|
|
8,940 |
|
8,593 |
|
| Lifeline |
|
|
1,714 |
|
1,714 |
|
| Telephone |
|
|
686 |
|
650 |
|
|
|
|
|
(29,638) |
|
(28,629) |
| Staff Costs |
|
|
|
|
|
|
| Gross Salaries |
|
|
18,100 |
|
19,357 |
|
| Employers National Insurance |
|
|
|
|
|
|
| Pension |
|
|
217 |
|
182 |
|
| Council Tax |
|
|
2,044 |
|
I ,999 |
|
| Water Rates |
|
|
361 |
|
363 |
|
|
|
|
|
(20,722) |
|
(21 ,901) |
| Other Expenses |
|
|
|
|
|
|
| Accountancy & Independent Examination Fees |
|
|
1 ,920 |
|
1 ,800 |
|
| Christmas Gifts & Outings |
|
|
1 ,070 |
|
1,137 |
|
| Social Fund |
|
|
98 |
|
471 |
|
| Sundry Expenses |
|
|
507 |
|
1,184 |
|
| Postage & Stationery |
|
|
210 |
|
324 |
|
| Professional Fees |
|
|
354 |
|
1 ,044 |
|
| Trustees Insurance |
|
|
291 |
|
291 |
|
| Subscriptions |
|
|
|
|
340 |
|
| Bank Charges |
|
|
57 |
|
17 |
|
| Depreciation |
|
|
395 |
|
905 |
|
|
|
|
|
(5,246) |
|
(7,513) |
| Excess of Income over Expenditure |
|
|
|
|
|
|
| before Exceptional Expenditure |
|
|
|
34,413 |
|
27,313 |
| Exceptional Maintenance |
|
10 |
|
(58,304) |
|
(28,023) |
| Net Surplus I (Deficit) |
|
|
|
(23,891) |
|
(710) |
| Reserves B/F |
|
|
|
536,245 |
|
515,914 |
| Revaluation of Investments |
|
|
|
1 ,768 |
|
21,041 |
| Reserves CIF |
|
|
|
514,122 |
|
536,245 |
| Refurbish No 6 GD |
1 ,365 |
| Refurbish No 1 DE |
4,379 |
| New heating 1 DE |
4,200 |
| Re roof No 14 & communal area |
26,400 |
| Re roof 15 & 16 |
21 ,960 |
|
58,304 |