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2020-12-31-accounts
| CONTENTS |
|
PAGE |
| Legal and Administrative |
Information |
|
| Trustee's Report |
|
2-3 |
Independent
Examiner's |
Report |
|
| Statement ofFinancial |
Activities |
|
| Balance Sheet |
|
|
| Notes to the Account |
|
7-9 |
|
|
Note |
2020 |
2019 |
|
|
|
unrestricted |
{uunr sulstsdl |
| INCOME FROM |
|
|
|
|
| Rent Receivable |
|
|
81,712 |
80,018 |
| Bank Interest |
|
|
80 |
123 |
| TOTAL INCOME |
|
|
81,792 |
00,141 |
| EXPENDITURE ON |
|
|
|
|
Charitable
Activities |
|
|
|
|
| Property Costs |
|
|
37,192 |
52,872 |
| Other Costs |
|
|
1,913 |
1,818 |
| TOTAL EXPENDITURE |
|
|
39,105 |
54,690 |
| NEW MOVEMENT IN FUNDS |
|
|
42,687 |
25,450 |
| RECONCILLIATION |
OF FUNDS |
|
|
|
| Funds Brought Forward |
|
|
307,685 |
282,235 |
| FUNDS CARRIED FORWARD |
|
|
350,372 |
307,685 |
|
THE |
PASS HOUSING ASSOCIATION LIMITED |
PASS HOUSING ASSOCIATION LIMITED |
|
|
|
LIMITED BYGUARANTEE |
|
|
|
|
UNAUDITED ACCOUNTS |
|
|
|
|
BALANCE SHEET |
|
|
|
|
AS AT 31STDECEMBER 2020 |
|
|
|
|
Note |
2020 |
2019 |
| TANGIBLE FIXEDASSETS |
|
|
263,017 |
270,963 |
| CURRENT ASSE S |
|
|
|
|
| Debtors |
|
|
21,525 |
21,082 |
| Cash at Bank |
|
|
123,828 |
78,871 |
|
|
|
145,353 |
99,953 |
| CREDITORS: AMOUNTS |
FALLING DUE |
|
|
|
| WITHIN ONE YEAR |
|
|
13,998) |
(12,231) |
| NET CURRENT ASSETS |
|
|
131,355 |
87,722 |
| CREDITORS: AMOUNTS |
FALLING DUE |
|
|
|
| AFTER ONE YEAR |
|
|
(44,000) |
(51,000) |
| NET ASSETS |
|
|
350,372 |
367,683 |
| FUNDS |
|
|
|
|
Unrestricted
Funds |
|
|
350,372 |
307,685 |
|
|
|
|
|
|
2020 |
2019 |
|
Agent's Rent |
|
Collection Charges |
|
|
12,160 |
11,964 |
|
Insurance |
|
|
|
|
2,124 |
1,928 |
|
Repairs and |
|
Maintenance |
|
|
11,953 |
27,440 |
|
Electricity and Heating Oil |
|
|
|
|
276 |
518 |
|
Loan Interest |
|
|
|
|
2,733 |
3,076 |
|
Depreciation |
|
|
|
|
7,946 |
7,946 |
|
|
|
|
|
|
37,102 |
52,872 |
| 3 |
OTHER COSTS |
|
|
|
|
|
|
|
|
|
|
|
|
2020 |
2019 |
|
Accountancy |
|
|
|
|
775 |
775 |
|
Secretarial Fees and Expenses |
|
|
|
|
1,000 |
1,000 |
|
Companies |
House Fees |
|
|
|
13 |
13 |
|
Sundries |
|
|
|
|
125 |
30 |
|
|
|
|
|
|
1,913 |
1,010 |
| 4 |
NET MOVEMENT |
|
|
IN FUNDS |
|
2020 |
2019 |
|
The net movement |
|
|
in funds for |
the year is stated after charging: |
|
|
|
Depreciation |
|
|
|
|
7,946 |
7,946 |
|
Accountants' |
|
Fees |
Independent |
Examination |
220 |
220 |
|
|
|
|
Other Services |
|
555 |
555 |
|
|
|
|
|
|
8,721 |
8,721 |
| TANGIBLE FIXEDASSETS |
|
|
Freehold |
|
Buildings |
| Cost |
|
| At 1st January 2020 |
397,294 |
| Addition: |
0 |
| At 31stDecember 2020 |
397,294 |
~Di
11 |
|
| At 1stJanuary 2020 |
126,331 |
| Charge for the year |
7,946 |
| At 31stDecember 2020 |
134,277 |
| Net BookValue |
|
| At 31stDecember 2020 |
263,017 |
| At 31stDecember 2019 |
270,963 |
| 6 |
DEBTORS |
|
|
|
|
|
|
2020 |
2019 |
|
Debtors |
|
20,692 |
20,291 |
|
Prepayments |
and Accrued Income |
833 |
791 |
|
|
|
21,525 |
21,082 |
| 7 |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
2020 |
2019 |
|
Accrued Expenditure |
|
6,998 |
5,231 |
|
Loan |
|
7,000 |
7,000 |
|
|
|
13,998 |
12,231 |
| 8 |
CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR |
|
|
|
|
|
|
2020 |
2019 |
|
Loans |
|
44,000 |
81,000 |
|
DEBTDUE AFTER MORE THAN ONE YEAR |
|
|
|
|
Repayable |
between one and five years |
28,000 |
28,000 |
|
Repayable |
in five or more years |
16,000 |
23,000 |
|
|
|
44,000 |
51,000 |