2021-09-30-accounts - The Abbeyfield West Herts Society Limited

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				Page
Report ofthe	Trustees		1	to	2
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet			5	to	6
Notes to the Financial Statements			7	to	11
Detailed Statement of Financial Activities				12

KPls
Metric			2021	2020
Reinvestment			Nil	Nil
New Supply Delivered			Nil	Nil
Gearing%			0%	2.62%
E8ITDA			E9,195	E32,359
Headline	Social Housing costs per unit		Nil	Nil
Operating	Margin	(letting only)	2.4%	4.4%
Operating	Margin	(overall)	3.1%	15.8%
ROCE			2.8%	164%

2.	INVESTMENT INCOME
			30.9.21	30.9.20
			E	E
	Rents received		156,377	154,532
	Deposit account interest		4	31
			156,381	154,563
3.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting):
			30.9.21	30.9.20
			E	f
	Depreciation -owned assets		4,148	4,148

								30.9.21	30.9.20
	Staff							11	12
	No employees		received emoluments			in excess off60,000.
6.	COMPARATIVES			FOR THE STATEMENT OF FINANCIAL ACTIVITIES
							Unrestricted	Restricted	Total
							fund	fund	funds
							E	f	f
	INCOME AND		ENDOWMENTS		FROM
	Donations	and	legacies				20,920		20,920
	Investment	income					154,563		154,563
	Total						175,483		175,483
	EXPENDITURE		ON
	Raising funds						492		492
	Other						147,271		147,271

	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
			Unrestricted	Restricted	Tota I
			fund	fund	funds
			E	E	E
	Total		147,763		147,763
	NET INCOME		27,720		27,720
	RECONCILIATION	OF FUNDS
	Total funds brought forward		141,673		141,673
	TOTAL FUNDS CARRIED FORWARD		169,393		169,393
7.	TANGIBLE FIXED	ASSETS
				Fixtures
			Freehold	and
			property	fittings	Totals
			E	E	E
	COST
	At 1October 2020 and 30September 2021		487,340	48,023	535,363
	DEPRECIATION
	At 1October 2020		102,687	48,023	150,710
	Charge for year		4,148		4,148
	At 30September	2021	106,835	48,023	154,858
	NET BOOK VALUE
	At 30September	2021	380,505		380,505
	At 30September	2020	384,653		384,653
8.	SOCIAL INVESTMENTS
					Other
					investments
					E
	MARKET VALUE
	At 1October 2020 and 30September 2021				(279,924)
	NET BOOK VALUE
	At 30September	2021			(279,924)
	At 30September	2020			(279,924)

				Notes to the Financial Statements -continued for the Year Ended 30September 2021	Notes to the Financial Statements -continued for the Year Ended 30September 2021	Notes to the Financial Statements -continued for the Year Ended 30September 2021	Notes to the Financial Statements -continued for the Year Ended 30September 2021
9.	DEBTORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
								30.9.21	30.9.20
								f	E
	Prepayments							766
10.	CREDITORS:		AMOUNTS		FALLING DUE WITHIN ONE YEAR
								30.9.21	30.9.20
								E	f
	Bank loans	and overdrafts				(see note 12)			4,085
	Accruals and		deferred	income				4,302
								4,302	4,085
11.	CREDITORS:		AMOUNTS	FALLING DUE AFTER MORE THAN ONE.YEAR
								30.9.21	30.9.20
								E	E
	Bank loans	(see note 12)							356
12.	LOANS
	An analysis	ofthe maturity				of	loans is given below:
								30.9.21	30.9.20
								E	E
	Amounts falling due within					one year on demand:
	Bank loans								4,085
	Amounts falling between				one		and two years:
	Bank loans	—1-2years							185
	Amounts falling due between						two and five years:
	Bank loans	—2-5 years							171
13.	MOVEMENT		IN FUNDS
								Net
							At	movement	At
							1.10.20	in funds	30.9.21
							f	E	f
	Unrestricted		funds
	General fund						169,393	3,355	172,748
	TOTAL FUNDS						169,393	3,355	172,748