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|CONTENTS||PAGE|
|---|---|---|
|Legal and Administrative|Information||
|Trustee's Report||2-3|
|Independent<br>Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the Account||7-9|



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|||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<br>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<br>Funds|||350,372|307,685|





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|||||||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<br>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|





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|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|



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