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2021-03-31-accounts

URSULA LODGES TRUS URSULA LODGES TRUS T
Statement ofComprehensive Income for the year ended 31 March 2021
Notes 2021 2020
K
Income
Charges receivable from almspeople 39,540 38,786
Less:void losses (1,616)
Lease rent from Chislehurst
and
Sidcup
Housing Association (net)
Donations
(Chislehurst
&Sidcup Housing Assoc.)
Bank deposit account interest 6 81
Extraordinary
repair fund investment
income 1,539 1,591
39,473 40,462
Expenditure
Service charge payable to Chislehurst and Sidcup
Housing Association 18,584 17,629
Audit and accountancy charges 700 700
Maintenance
costs (including
cyclical maintenance) 7,974 875
Cyclical Repairs —voids 6,963
Major repairs 746 6,065
Bank charges
34,967 25,269
Surplus for the year 4,506 15,193
Unrealised
gain/(loss)
in investment 367 (88)
Total Comprehensive Income forthe year X4,873 f15,105
Total Reserves at 1 April 2020 144,165 129,060
Total Comprehensive Income for the year 4,873 15,105
Total Reserves at 31March 2021 (Seepage 5) 6149,038 2144,165

Notes 2021 2020
Investments
Extraordinary repair fund investment 6 72,910 71,004
Current Assets
Cash at bank 75,890 73,726
Debtors 3 993 356
76,883 74,082
Less: Creditors
Amounts
falling due within
one year 755 921
Net Current Assets 76,128 73,161
Total Assets Less Current LiabiTities f149,038 Z144,165
Reserves
Maintenance Designated Reserve 5 45,141 43,141
Extmordinary Repair Fund 6 72,910 71,004
Revenue Reserves 7 30,987 30,020
Total Reserves 6149,038 f144,165

Lease Rent from Ch islehurst 4 Sidcup Hou sing Associa tion
2021 2020
Rent receivable in respect ofland and buildings 5 5
Less: rent payable in respect ofsix almshouse flats (1) (1)
Debtors: amount falling due within one year
Due &om Chislehurst and Sidcup Housing Association 20
Almspeople's
charges
in arrears 993 336
2993 Z356

2021 2020
4 Creditors:
amount
falling due within one year
Almspeoples'
charges
in advance 166
Other creditors and accruals 755 755
1755 1921
5 Maintenance
Designated
Reserve
At I April 2020 43,141 37,141
Transfer from/(to) Income and Expenditure account:
for routine and cyclical maintenance 2,000 6,000
At 31March 2021 45,141 f43,141
6 Extraordinary
Repair Fund
and Related Investment
Extraordinary
Repair
Fund at 1April 2020 71,004 69,501
Transfer from Income and Expenditure account:
for income arising re-invested in the extraordinary
repair fund investment 1,539 1,591
Gain/(loss)
arising on
revaluation
ofthe
investment
at market value 367 (88)
Extmordinary
Repair
Fund at 31March 2021 f72,910 f71,004
Represented
by: Extmordinary
Repair Fund Investment Market Market
Value Value
1,715Charibond
Charities Fixed Interest Common
Investment
Fund Accumulation
Shares
672,910 X71,004
(2020 - 1,715shares)
7 Revenue Reserves
At 1 April 2020 30,020 22,418
Transfer Maintenance Designated
Reserve
(2,000) (6,000)
Transfer Extraordinary Repair Fund
Income arising re-invested (1,539) (1,591)
Surplus for the year 4,506 15,193
At 31March 2021 230,987 K30,020

URSULA LODGES TRUS URSULA LODGES TRUS T
Statement ofComprehensive Income for the year ended 31 March 2021
Notes 2021 2020
K
Income
Charges receivable from almspeople 39,540 38,786
Less:void losses (1,616)
Lease rent from Chislehurst
and
Sidcup
Housing Association (net)
Donations
(Chislehurst
&Sidcup Housing Assoc.)
Bank deposit account interest 6 81
Extraordinary
repair fund investment
income 1,539 1,591
39,473 40,462
Expenditure
Service charge payable to Chislehurst and Sidcup
Housing Association 18,584 17,629
Audit and accountancy charges 700 700
Maintenance
costs (including
cyclical maintenance) 7,974 875
Cyclical Repairs —voids 6,963
Major repairs 746 6,065
Bank charges
34,967 25,269
Surplus for the year 4,506 15,193
Unrealised
gain/(loss)
in investment 367 (88)
Total Comprehensive Income forthe year X4,873 f15,105
Total Reserves at 1 April 2020 144,165 129,060
Total Comprehensive Income for the year 4,873 15,105
Total Reserves at 31March 2021 (Seepage 5) 6149,038 2144,165

Notes 2021 2020
Investments
Extraordinary repair fund investment 6 72,910 71,004
Current Assets
Cash at bank 75,890 73,726
Debtors 3 993 356
76,883 74,082
Less: Creditors
Amounts
falling due within
one year 755 921
Net Current Assets 76,128 73,161
Total Assets Less Current LiabiTities f149,038 Z144,165
Reserves
Maintenance Designated Reserve 5 45,141 43,141
Extmordinary Repair Fund 6 72,910 71,004
Revenue Reserves 7 30,987 30,020
Total Reserves 6149,038 f144,165

Lease Rent from Ch islehurst 4 Sidcup Hou sing Associa tion
2021 2020
Rent receivable in respect ofland and buildings 5 5
Less: rent payable in respect ofsix almshouse flats (1) (1)
Debtors: amount falling due within one year
Due &om Chislehurst and Sidcup Housing Association 20
Almspeople's
charges
in arrears 993 336
2993 Z356

2021 2020
4 Creditors:
amount
falling due within one year
Almspeoples'
charges
in advance 166
Other creditors and accruals 755 755
1755 1921
5 Maintenance
Designated
Reserve
At I April 2020 43,141 37,141
Transfer from/(to) Income and Expenditure account:
for routine and cyclical maintenance 2,000 6,000
At 31March 2021 45,141 f43,141
6 Extraordinary
Repair Fund
and Related Investment
Extraordinary
Repair
Fund at 1April 2020 71,004 69,501
Transfer from Income and Expenditure account:
for income arising re-invested in the extraordinary
repair fund investment 1,539 1,591
Gain/(loss)
arising on
revaluation
ofthe
investment
at market value 367 (88)
Extmordinary
Repair
Fund at 31March 2021 f72,910 f71,004
Represented
by: Extmordinary
Repair Fund Investment Market Market
Value Value
1,715Charibond
Charities Fixed Interest Common
Investment
Fund Accumulation
Shares
672,910 X71,004
(2020 - 1,715shares)
7 Revenue Reserves
At 1 April 2020 30,020 22,418
Transfer Maintenance Designated
Reserve
(2,000) (6,000)
Transfer Extraordinary Repair Fund
Income arising re-invested (1,539) (1,591)
Surplus for the year 4,506 15,193
At 31March 2021 230,987 K30,020