| CONTENTS | |
|---|---|
| Page | |
| Charitable company information | 1 |
| Directors report | 2a to 2b |
| Independent examiner's report | 3 |
| Statement of financial activities | |
| Balance sheet | 5 |
| Notes | 6a to 6g |
| Total | Total | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Funds | Funds | ||
| Notes | Funds | Funds | 2022 | 2021 | |
| £ | £ | £ | £ | ||
| Incoming and endowments from: | |||||
| Donations and legacies | 2 | 860 | |||
| Others | 1105 | 1105 | 1080 | ||
| Investments | 3 | 5 | − | 5 | 20 |
| Government grants | 5 | 3705 | − | 3705 | − |
| Charitable activities | 4 | 124863 | 124863 | 159594 | |
| Total income and endowments | 129678 | 129678 | 161554 | ||
| Expenditure | |||||
| Charitable activities | 6 | 117354 | 117354 | 135989 | |
| Governance costs | 1296 | 1296 | 1236 | ||
| Total expenditure | 118650 | 118650 | 137225 | ||
| Net income | 11028 | 11028 | 24329 | ||
| Transfers between funds | |||||
| Net movement in funds | 11028 | 11028 | 24329 | ||
| Total funds brought forward | 389777 | 389777 | 365448 | ||
| Total funds carried forward | 14 | 400805 | 400805 | 389777 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Fixed assets | |||||
| Tangible assets | 9 | 390656 | 370042 | ||
| Current assets | |||||
| Stocks | 10 | 1500 | 1500 | ||
| Debtors | 11 | 3546 | 2555 | ||
| Cash at bank and in hand | 101578 | 100975 | |||
| 106624 | 105030 | ||||
| Creditors: amounts falling due | |||||
| within one year | 12 | (38819) | (24732) | ||
| Net current assets | 67805 | 80298 | |||
| Total assets less current liabilities | 458461 | 450340 | |||
| Creditors: amounts falling due | |||||
| after more than one year | 13 | (57656) | (60563) | ||
| Net assets | 400805 | 389777 | |||
| Funds | |||||
| Unrestricted funds | 14 | 400805 | 389777 |
| **Unrestricted ** | Restricted | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Sundry | donations | and | legacies | 860 |
| 3. | Investment income | ||||
|---|---|---|---|---|---|
| **Unrestricted ** | Restricted | 2022 | 2021 | ||
| Interest received | _5 | _5. | _20 | ||
| 4. | Incoming Resources From Activities to Further the Charity's Objects | ||||
| **Unrestricted ** | Restricted | 2022 | 2021 | ||
| Social housing lettings: | |||||
| Net income from Social housing | |||||
| lettings | 124863 | 124863 | 159594 | ||
| 5. | Government grants | ||||
| **Unrestricted ** | Restricted | 2022 | 2021 | ||
| Job retention scheme | alQ5 | ||||
| 6. | Project costs | Social | 2022 | 2021 | |
| Housing Governance | Total | Total | |||
| £ | £ | £ | £ | ||
| Costs directly allocated to | |||||
| activities | |||||
| Staff costs | 53282 | 53282 | 59525 | ||
| Food and housekeeping | 13752 | 13752 | 19867 | ||
| Council tax | (16183) | (16183) | 5169 | ||
| Water rates | 523 | 523 | 3724 | ||
| Heating and lighting | 20819 | 20819 | 23545 | ||
| Garden maintenance | 8510 | 8510 | 1367 | ||
| Day to day repairs | 18012 | 18012 | 12083 | ||
| Sundry expenses | 1936 | 1936 | 403 | ||
| Bank loan interest | 2133 | 2133 | 2236 | ||
| Depreciation | 7972 | 7972 | 3068 | ||
| Total direct costs | 110756 | − | 110756 | 130987 | |
| Support costs allocated | |||||
| to activities | |||||
| Stationery and postage | 130 | 130 | 115 | ||
| Advertising | 947 | 947 | 157 | ||
| Insurances | 3738 | 3738 | 3045 | ||
| Telephone | 1683 | 1683 | 1609 | ||
| Bank charges | 100 | 100 | 76 | ||
| Accountancy fees | 1296 | 1296 | 1236 | ||
| Total support costs | 6598 | 1296 | 224 | 6238 |
| 7. | Operating surplus | 2022 | 2021 |
|---|---|---|---|
| Operating surplus is stated after charging: | |||
| Depreciation on owned assets | 7972 | 3068 | |
| Accountancy | 1296 | 1236 | |
| 9268 | 4304 | ||
| 8. | Employee Remuneration | 2022 | 2021 |
| Staff costs: | |||
| Wages and salaries | 47655 | 53016 | |
| Social security | 5627 | 6509 | |
| 53282 | 59525 | ||
| No employee earned £60,000 or more. | |||
| The average number of staff employed by the charity during the year was as follows:− |
| 2022 | 2021 |
|---|---|
| No. | No. |
| 5 | 6 |
| 9. | Tangible fixed assets | HAG | Fixtures, | |
|---|---|---|---|---|
| Assisted | Fittings & | |||
| **Schemes ** | Equipment | Total | ||
| Cost | ||||
| At 1 April 2021 | 357768 | 263861 | 621629 | |
| Additions in year | 28586 | 28586 | ||
| At 31 March 2022 | 357768 | 292447 | 650215 | |
| Depreciation | ||||
| At 1 April 2021 | 251587 | 251587 | ||
| Charge for the year | 7972 | 7972 | ||
| At 31 March 2022 | 259559 | 259559 | ||
| Net book value | ||||
| At 31 March 2022 | 357768 | ,328_18 | 390656 | |
| At 31 March 2021 | 357768 | ,122/4 | 370042 | |
| 10. | Stocks | |||
| 2022 | 2021 | |||
| Food and house−keeping | 15110 | 1.5_00 | ||
| 11. | Debtors | |||
| 2022 | 2021 | |||
| Amounts falling due within one year | ||||
| Prepayments | 3546 | 2555 | ||
| 12. | Creditors: amounts falling due | |||
| within one year | ||||
| 2022 | 2021 | |||
| Bank loans and overdrafts | 3000 | 3000 | ||
| Trade creditors | 23768 | 10051 | ||
| Accruals | 1296 | 1236 | ||
| Residents deposits held | 10755 | 10445 | ||
| 38819 | 24732 |
| 13. | Creditors: amounts falling due | ||
|---|---|---|---|
| after more than one year | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Bank loans | 57656 | OM | |
| 14. | Movement in funds |
| At | Incoming | **Outgoing ** | Transfers | At | |
|---|---|---|---|---|---|
| 1/4/21 | Resources | Resources | **between ** | 31/3/22 | |
| funds | |||||
| £ | £ | £ | £ | £ | |
| Restricted funds: | |||||
| Total restricted funds | − | ||||
| Unrestricted funds: | |||||
| General funds | 389777 | 129678 | (118650) | − | 400805 |
| Total unrestricted funds | 389777 | 129678 | (118650) | − | 400805 |
| Total funds | 389777 | 129678 | (111610) | −400805 |
| General | Restricted | Total | |
|---|---|---|---|
| Funds | Funds | Funds | |
| £ | £ | £ | |
| Tangible fixed assets | 390656 | 390656 | |
| Net current assets | 67805 | 67805 | |
| Creditors over 1 year | (57656) | (57656) | |
| Net assets at 31 March 2022 | 400805 | 400805 |
| 2022 | 2021 | |
|---|---|---|
| Under one year | 3000 | 3000 |
| Between one and two years | 700 | 3500 |
| Over five years | 56956 | 57063 |
| 60656 | 63563 |