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2021-09-30-accounts

FORTHE Y EAREND ED 30THSEPT EMBER2021
30.9.21 30.9.20
Unrestricted Resnicted Total Total
Notes fimds
I
fund
6
funds
I
funds
INCOME AND ENDOWMENTS FROM
Charitable
activifies
3
Sheltered Housing 40,778 40,778 40,980
Investment
income
2 3 3 18
Total 40,781 40,781 40,998
EXPENDITURE ON
Raising funds 5,754 5,754
Charitable
aehvities
Sheltered Housing 47,748 47,748 47,038
Total 53,502 53,502 47,038
Net gains on investments 57/24
NETINCOME/(EXPENDITURE) (12,721) (12,721) 51,184
RECONCILIATION OFFUNDS
Total funds brought forward 909,040 857,856
TOTAL FUNDS CARRIED FORWARD 896,319 896,3:19 909,040

30.9.21 30.9.20
Unrestricted Restricted Total Total
funds fimd funds funds
Notes $ 8
FIXEDASSETS
Tangible assets 10 886,941 $$6,941 $89,582
CURRENT ASSETS
Debtors 11 3,692 3,692 8,141
Cash atbank and in hand 9,533 9,533 14,871
13~5 13225 23,012
CREDITORS
Amounts
falling due within one year
12 (3,847) (3,847) (3,554)
NET CURRENT ASSETS 9,378 9,378 19,458
TOTAL ASSETSLESSCURRENT
LIABILITIES 896,319 896,319 909,040
NET ASSETS 896319 896,319 909,040
FUNDS 13
Unrestricted
funds
896,319
TOTAL FUNDS 896319 909,040

o
u MAR ENDED 30THSEP
o
u MAR ENDED 30THSEP
TEMBER2021
? INVESTMENT INCOME
30.9.21 30.9.20
f f
Deposit account interest 3 18
INCOME FROM CHARITABLEA~S
30.921 30.9.20
Activity
Residents Charges Sheltered Housing 51,435 51,350
Losses arisiag gum
Vacancies Sheltered Housing (10,657) (10,370)
40,778 40,9$0
4. CHARITABLEA~S COSTS
Direct
Costs (see Support
note 5) costs Totals
Sheltered Housing 37,902 9,846 47,748
5. DIRECTCOSTSOF CHARITABLEA~S
30.9,21 30.9.20
Stsffcosts 18~ 16,659
Food and Provisions 5,206 5,632
Insurance 1,357 1,292
Upkeep ofPnanises 1,302 4,420
Tdephone 709 572
Postage and stationery 15 19
Council Taxand Rates 3,072 1,$12
Sundries 225
Heat and Light 8,019 5,790
37,902 36,421
6. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated aiier~(crediting):
30.921 30.9.20
Depreciation - awned assets 2,641 6,526

The average monthly
number ofemp
loy ees
during the year was as f
ollows:
30.9.21 30.9.20
Housekeeping 1 1
No employees received emoluments in excess of%60,000.
No staifmembers received remuneration exceeding f60,000.
COMPARATIVES FORTHE STATEMENT OFFINANCIAL A~S
Unrestricted
fundsI
INCOME AND ENDOWMENTS FROM
Charitable
activities
Sheltered Housing 40,980 40,980
Investment
income
18 18
Total 40,998 40,998
EXPENDITURE ON
Charitable
activities
Sheltered Housing 47,038 47,038
Net gains on investments 57424 57,224
NET INCOME 51,1&4 51,184
RECONCILIATION OFFUNDS
Total fands brought forward 857,856 857,856
TOTAL FUNDS CARRIED FORWARD 909,040

10. TANGIBLE FIXEDAS SETS
Improvement Fixtures
Fmebold to snd
property Property Mings Totals
COST
At 1stOctober 2020 and
30th September 2021 $75,000 19,350 11,895 906,245
DEPRECIATION
At 1stOctober 2020 6,263 10,400 16,663
Charge foryear 2,416 225 2,641
At 30th September 2021 8,679 10,625 19,304
NETBOOKVALUE
At 30th September 2021 875,000 10,671 1,270 886,941
At 30th September 2020 875,000 13,087 1,495 8$9,582
IL DKBTORSi AMOUNTS FALLING DUE WITHIN ONE YEAR
30.921 30.9.20
Rent Arrears 2,545 7,010
Prepayments 1,147 1,131
3,692 8,141
12. CREDITORSr AMOUNTS FALLING DUE WITIHN ONE YEAR
30.921 30.9.20
f
Trade cmlitors 1,612 1,596
Social security and other taxes 574 562
Accrued expenses 1,661 1,396
3,847 3,554
13. MO~ INFUNDS
Net
At movement At
1/10/20 in funds 30/9/21f
Unrestricted
fends
Genend fund 901,019 (12,721) 888,298
Repairs and Maintenance reserve fund 8,021 8,021
909,040 (12,721) 896,319
TOTAL FUNDS 909,040 (12,721) 896,319

Resources Movement
expended in funds
Unrestricted funds
General fund 40,781 (53,502) (12,721)
TOTAL FUNDS 40,781 (53,502) (12,721)
Comparatives formovement in funds
Net
At movement At
1/10/19 in funds 30/9/20
f
Unrestricted funds
General fund 849,835 51,184 901,019
Repairs and Maintenance reserve fund 8,021 8,021
857,856 51,184
TOTAL FUNDS 857,856 51,184 909,040
Comparative net movement in funds, included in the above are ss follows:
Gains and Movement
losses in funds
6
Unrestricted funds
General fund (47,038) 57~4 51,184
TOTAL FUNDS 40,998 (47,038) 57,224 51,184
Net
At movement At
1/10/19 in funds 30/9/21
Unrestricted funds
General fund 849,835 38,463 8$8,298
Repairs and Maintenance reserve fund 8,021 8,021
857,856 38,463 896,319
$57,$56 38,463 896,319

Resources Gains and
expended
f
losses
Unrestricted funds
General fund 81,779 (100,540) 57324 38,463
TOTAL FUNDS 81,779 (100,540) 57W4 38,463

The Society is requhed
to report
on seven metrics
with which
effectiveness across the social housing sector.
are used to measure
economy,
efficiency
Reinvestment No
New Supply Delivered
Gearing
10(Pla
0A
EBlTA N'o
Headline Social Housing Cost $45,106
Operating Margin -31'Yo
Return on Capital Employed -15s