| WESTH P |
||||||||
|---|---|---|---|---|---|---|---|---|
| INCOME AND | PE | UITURE | ACCO | TFOR | EYEAR | NDKD | Is | 3 |
| 20 3 | 2022 | |||||||
| TURNOVER | ||||||||
| W.M.C,Receivable | 71,262 | 65,980 | ||||||
| Less Voids | (1,170) | |||||||
| 71,262 | 64,810 | |||||||
| OPERATING COSTS | ||||||||
| Services | 7 | 8)250 | 9,957 | |||||
| Management | 16,509 | 12,056 | ||||||
| Day-to-day Maintenance |
59,249 | 44,624 | ||||||
| Community Hall |
11,702 | 15,925 | ||||||
| Central Heating Costs | 16,382 | 17,874 | ||||||
| Less VAT refund on | Central Heating | (9,215) | ||||||
| Subscriptions | 633 | 657 | ||||||
| Independent Examiner |
1,410 | 1,140 | ||||||
| Depreciation | 318 | 318 | ||||||
| (93,336) | ||||||||
| OTHER INCOME | ||||||||
| Insurance claims |
1,545 | |||||||
| Bank rnterest received | 100 | |||||||
| OPERATING (DEFICIT) | (41,646) | (28,426) | ||||||
| INCOME AND EXPENDITURE | FROM | INVESTING | ||||||
| Investment Income |
2,359 | 1,847 | ||||||
| Change in Fair Value | ofInvestments | (320) | 24,422 | |||||
| Property Revaluation | 10,000 | |||||||
| 2,039 | 36,269 | |||||||
| DEFICITISURPLUS FORTHE YEAR | (39,607) | 7,843 | ||||||
| Retained earnings at |
start ofyear | 1,261,969 | 1,254,126 | |||||
| Retained earnings at |
end | ofyear | 15 | 81,222,362 | 61,261,969 |
| N~os | 2022 | |||||
|---|---|---|---|---|---|---|
| FIXE?hKRZL'K | ||||||
| Housing: Land and Buildings Other Fined Aesets |
10 11 |
760,000 209 |
760,000 527 |
|||
| Total Fixed Assets | 760&209 | 760,527 | ||||
| Q~E' 8~BE |
||||||
| Investments at fair value Debtors and prepayments Cash at Banks'. |
13 12 |
76,575 745 |
493,279 667 |
|||
| CAFcash | 8 | 8 | ||||
| Barclays Barclays Savmgs |
39&1,681 7 |
14,881 7 |
||||
| 472,016 | 508,842 | |||||
| ABI | &ll? | |||||
| Creditom | 14 | (9&863) | (7,400) | |||
| 462,153 | 501,442 | |||||
| ~&j»'' | 51&222&362 | 51,261,969 | ||||
| Represented by:- |
||||||
| Accumulated Fund Investment valuation reserve R.C.Hogg Fund G.P. Smith Fund Extraordinaty Repairs Fund Cyolical Maintenance Fund Revaluation Reserve |
352,446 60,452 25,000 5,000 44,073 24,661 710&730 |
171,187 281,318 25,000 5,000 44,073 24,661 710&730 |
||||
| 15 | 81,222,362 | $1,261,969 |
| 2023 | 2022 | ||
|---|---|---|---|
| Cash flows from operating activities |
|||
| Surplus for the financial year | (39,607) | 7,$43 | |
| Depreciation oftangible fixed assets | 31$ | 31$ | |
| investment income Deoreme/(increase) in debtors increase /(Dem'ease) in creditors Change in fair value ofinvestments Revaluation ofpropeity |
(2i359) (79) 2,463 320 |
(1,847) 366 1,614 (24,422) (10,000) |
|
| Net cssli generated from operating |
activities | (38,944) | (26,128) |
| Cash flows from investing activities |
|||
| Investment income rcceivcd Cash drawn down from investments |
2459 416,385 |
1,$47 20,000 |
|
| Net cash from investing activities |
418,744 | 21,847 | |
| Net increase/(decrease) in cash di cash equivalents |
379dt00 | (4,281) | |
| Cash dt cash equivalents at beginning |
ofyear | 14,896 | 19,177 |
| Cash /h cash equivalents at end ofyear |
394,696 | 14,896 | |
| Cash dr cash equivalents st the end |
ofyear comprise: | ||
| Cash at bash sndin hand | 8394di96 | 614,896 |
| 2022 | ||
|---|---|---|
| Insurance | 2,985 | 2,791 |
| Warden Call System | 421 | |
| Gardening | 1,984 | |
| Water Charges | 4,809 | 4,282 |
| Sundries | 456 | 479 |
| ggr250 | f9,957 |
| Cost as at 1980 | ~023 90,$36 |
2022 90,836 |
|
|---|---|---|---|
| As at31stMay 2023 | 90,836 | 90,836 | |
| Less:Housing Corporation Revaluation 2012 Revaluation 2022 |
Grant | (41,566) 700,730 10&000 |
(41,566) 700,730 10,000 |
| Valuation as at31stMay 2023 | $760,000 | 5760,000 |
| 10. 1LTT)~0~AI | BA | ||||
|---|---|---|---|---|---|
| Computer | Plant | 5& | Total | ||
| Cost | Rqutpntcnt | Machinery | |||
| At 1June2022 | 919 | 1,151 | 21070 | ||
| At31Mny 2023 | 919 | 1.151 | ~2070 | ||
| Depreciation | |||||
| At 1 June 2022 | 742 | 801 | 1&543 | ||
| Charge for yew' | 88 | 230 | 31$ | ||
| At 31May 2023 | 1,031 | ~1861 | |||
| Net BasicValue 31May 2023 | $09 | $119 | |||
| Net Bookvalue 31May 2022 | 5177 | 6526 | |||
| 11.g Jlkn}RZ. | |||||
| Amounts fidting due within |
one yeau- | 2023 | |||
| Prepayments | 746 | 677 | |||
| Total | 5746 | 5677 |
| 12. C E T E — |
ENTS. | |||||
| 2023 | 2022 | |||||
| Cast | Market Value | Cost | Market Value | |||
| M dt G The Equities Investment | Fund | |||||
| for Charities/(Chsrifund) Acc.Units M dk GThe Equities Investment Fund |
165,839 | 384,598 | ||||
| for Charities/(Charifund) Inc, Units Chsrinco Common Investment |
30,000 | 31,787 | ||||
| Fund Accumulation M dt G Charity Multi Asset Fund |
13,038 3,084 |
68)756 '/)819 |
13,038 3,084 |
68,756 8,139 |
||
| 616,122 | 876,575 | 6211,961 | 6493,280 |
| .Qgg)T | TO,S | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Amounts | 0)lling due within one year:- | ||
| Accruals | dt deferred income | 5,401 | 5,148 |
| Other creditors | 4,462 | 2,252 | |
| Total | ~89863 | ~X7 400 |
| Balance | Income | Expenditure | Transfers | Transfers | Balance | ||
|---|---|---|---|---|---|---|---|
| At 1/6/22 | In | Out | st 31/5/23 | ||||
| Accumulated Fund |
171,187 | 75,166 | (114,453) | 220,546 | 352)446 | ||
| Investment valuation R.C.Hogg Fund G.P. Smith Fund |
reserve | 281,318 25,000 5,000 |
(320) | (220,546) | 60,452 25,000 5)000 |
||
| Bxtraordinary Repairs |
Fund | 44,073 | 44,073 | ||||
| Cyolical Maintenance | Fund | 24,661 | 24,661 | ||||
| Revaluation Reserve |
710,730 | 710,730 | |||||
| 51,261,969 | 675,166 | (114,773) | (220,546) | 51)222)362 |
| 15. 8 |
|||||
|---|---|---|---|---|---|
| Balance | Balance | ||||
| At 1/6/21 | at 31/5/22 | ||||
| Accumulated Fund Investmem valuation R.C.Hogg Fund O.P. Smith Fund Extraordinary Repairs Cyclical Maintenance Revaluation Reserve |
reserve Fund Fund |
197,766 256,896 25,000 5,000 44,073 24,661 700&730 |
66,757 24,422 10,000 |
(93,336) | 171&187 281,318 25&000 5,000 44&073 244161 710,730 |
| 61454,126 | $101,179 | (693,336) | gt&261&969 |