##
##
##
##
##
##
##
##
##
##
|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|