|||||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%| ## ## ## ## ## ## ## ||||||||30.9.21|30.9.20| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||fund|fund|funds|funds| |||||Notes|f|f|f|f| |INCOME AND ENDOWMENTS|||FROM|||||| |Donations
and legacies|||||1,101||1,101|20,920| |Investment
income|||||156,381||156,381|154,563| |Total|||||157,482||157,482|175,483| |EXPENDITURE ON||||||||| |Raising funds|||||130||130|492| |Other|||||153,997||153,997|147,271| |Total|||||154,127||154,127|147,763| |NET INCOME|||||3,355||3,355|27,720| |RECONCILIATION|OF|FUNDS||||||| |Total funds brought||forward|||169,393||169,393|141,673| |TOTAL FUNDS CARRIED FORWARD|||||172,748||172,748|169,393| ## ## ## ## ## ## ## ## ## ## ## ## ## |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
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for the Year Ended 30September 2021|Notes to the Financial Statements
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for the Year Ended 30September 2021|Notes to the Financial Statements
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for the Year Ended 30September 2021|Notes to the Financial Statements
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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| ## ## ## |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources
f|expended
f|in funds
f| |Unrestricted|funds|||| |General fund||157,482|(154,127)|3,355| |TOTAL FUNDS||157,482|(154,127)|3,355| ## ||||||Net|| |---|---|---|---|---|---|---| |||||At|movement|At| |||||1.10.19|in funds|30.9.20| |||||f|f|f| ||Unrestricted|funds||||| ||General fund|||141,673|27,720|169,393| ||TOTAL FUNDS|||141,673|27,720|169,393| ||Comparative|net movement|in funds, included|in the above are as follows:||| |||||Incoming|Resources|Movement| |||||resources|expended|in funds| |||||f|f|f| ||Unrestricted|funds||||| ||General fund|||175,483|(147,763)|27,720| ||TOTAL FUNDS|||175,483|(147,763)|27,720| |14.|RELATED PARTY DISCLOSURES|||||| ## ||for the Year Ended 3|0September 2021|| |---|---|---|---| |||30.9.21|30.9.20| |||f|E| |INCOIVIE AND|ENDOWMENTS||| |Donations
and legacies|||| |Donations||1,101|20,920| |Investment
income|||| |Rents received||156,377|154,532| |Deposit account interest||4|31| |||156,381|154,563| |Total incoming|resources|157,482|175,483| |EXPENDITURE|||| |Other trading|activities||| |Bank loan interest||130|492| |Support costs|||| |Finance|||| |Freehold property||4,148|4,148| |Information|technology||| |Wages||84,818|77,970| |Pensions||1,051|2,788| |Rates and water||11,141|11,237| |insurance||2,299|| |Repairs and renewals||20,524|16,397| |General
Administration||7,734|15,000| |Housekeeping||19,954|19,731| |||147,521|143,123| |Governance|costs||| |Accountancy|and legal fees|2,328|| |Total resources|expended|154,127|147,763| |Net income||3,355|27,720|