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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|2|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Balance Sheet|5|to|6|
|Notes to the Financial Statements|7|to|13|
|Detailed Statement ofFinancial Activities|14|to|15|
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||for the|Year E|nded 31 March|2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||700||700||
|Charitable
activities|||||||
|Housing|||90,675||90,675|83,672|
|Investment
income||2|783||783|1,341|
|Total|||92,158||92,158|85,013|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Housing|||94,686||94,686|89,463|
|NET INCOME/(EXPENDITURE)|||(2,528)||(2,528)|(4,450)|
|Other recognised
gains/(tosses)|||||||
|Gains on revaluation|offixed assets||50,000||50,000|25,000|
|Net movement
in funds|||47,472||47,472|20,550|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||460,742|118,872|579,614|559,064|
|TOTAL FUNDS CARRIED FORWARD|||508,214|118,872|627,086|579,614|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|f.||||
|FIXEDASSETS||||||
|Tangible assets|7|365,264|118,872|484,136|435,559|
|CURRENT ASSETS||||||
|Debtors|8|2, 142||2, 142|1,459|
|Cash at bank and in hand||148,733||148,733|152,346|
|||150,875||150,875|153,805|
|CREDITORS||||||
|Amounts
fatling due within one year|9|(7,925)||(7,925)|(9,750)|
|NKT CURRENT ASSETS||142,950||142,950|144,055|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||508,214|118,872|627,086|579,614|
|NET ASSETS||508,214|118,872|627,086|579,614|
|FUNDS|10|||||
|Unrestricted
funds||||508,214|460,742|
|Restricted funds||||118,872|118,872|
|TOTAL FUNDS||||627,086|579,614|
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|2.|INVESTMENT INCOM|E|||
|---|---|---|---|---|
||||2021|2020|
|||||f.|
||Deposit account interest||783|1,341|
|3.|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)|is stated after charging/(crediting):|||
||||2021|2020|
||Accountancy||1,914|1,946|
||Depreciation
- owned assets||2,313|2,135|
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||||2021|2020|
|---|---|---|---|---|
|Employees|||5|4|
|No employees
received emoluments||in excess off60,000.|||
|COMPARATIVES FORTBKSTATEMENT OF FINANCIAL ACTIVITIES|||||
|||Unrestricted|Restricted|Total|
|||fund|fund|funds|
|INCOME|AND ENDOWMENTS|FROM|||
|Charitable|activities||||
|Housing||83,672||83,672|
|Investment|income|1,341||1,341|
|Total||85,013||85,013|
|EXPENDITURE ON|||||
|Charitable|activities||||
|Housing||89,463||89,463|
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||||Notes to the Financial Statements - continued
for the Year Ended 31March 2021|Notes to the Financial Statements - continued
for the Year Ended 31March 2021|Notes to the Financial Statements - continued
for the Year Ended 31March 2021|Notes to the Financial Statements - continued
for the Year Ended 31March 2021|
|---|---|---|---|---|---|---|
||COMPARATIVES||FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued||||
|||||Unrestricted|Restricted|Total|
|||||fund|fund|funds|
||NET INCOME/(EXPENDITURE)|||(4,450)||(4,450)|
||Other recognised|gaias/(losses)|||||
||Gains on revaluation||offixed assets|25,000||25,000|
||Net movement
in|funds||20,550||20,550|
||RECONCILIATION||OF FUNDS||||
||Total funds brought||forward|440,192|118,872|559,064|
||TOTAL FUNDS|CARRIED|||||
||FORWARD|||460,742|118,872|579,614|
|7.|TANGIBLE FIXEDASSETS||||||
||||||Fixtures||
|||||Freehold|aud||
|||||property|fittings|Totals|
||COST ORVALUATION||||||
||At 1 April 2020|||425,000|22,208|447,208|
||Additions||||890|890|
||Revaluations|||50,000||50,000|
||At 31 March 2021|||475,000|23,098|498,098|
||DEPRECIATION||||||
||At
1 April 2020||||11,649|11,649|
||Charge for yern||||2,3]3|2,313|
||At 31March 2021||||13,962|13,962|
||NET BOOKVALUE||||||
||At 31March 2021|||475,000|9,136|484,136|
||At 31 March 2020|||425,000|10,559|435,559|
##
|||||Fixtures||
|---|---|---|---|---|---|
||||Freehold|and||
||||property|fittings|Totals|
|Valuation|in|2018|266,769||266,769|
|Valuation|in|2020|25,000||25,000|
|Valuation|in|2021|50,000||50,000|
|Cost|||133,231|23,098|156,329|
||||475,000|23,098|498,098|
|lftreehold
property
had not been revalued|it would have been included
at the following
his|torical cost|
|---|---|---|
||2021|2020|
|Cost|133,231|133,231|
||The directors
March 2021.|have
indicated
that the value of the property
is to be inc|luded
at f475,0|00 as at 3|
|---|---|---|---|---|
|8.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||||2021|2020|
|||||f.|
||Other debtors||223||
||Prepayments|and accrued income|507||
||Prepayments||1,412|1,459|
||||2,142|1,459|
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|CREDITORS: AMOUNTS FALLING DUE WITH|IN ONE YEAR||
|---|---|---|
||2021|2020|
|Trade creditors|1,270|3,118|
|Accmals and defened income|2,317|2,675|
|Accmed expenses|4,338|3,957|
||7,925|9,750|
##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.20|in funds|31.3.21|
|Unrestricted
funds|||||
|General fund||460,742|47,472|508,214|
|Restricted funds|||||
|Housing Association|Grant|118,872||118,872|
|TOTAL FUNDS||579,614|47,472|627,086|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
||||||f,|
|Unrestricted|funds|||||
|General fund||92,158|(94,686)|50,000|47,472|
|TOTAL FUNDS||92,158|(94,686)|50,000|47,472|
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.19|in funds|31.3.20|
|Unrestricted
funds||||||
|General|fund||440,192|20,550|460,742|
|Restricted funds||||||
|Housing|Association|Grant|118,872||118,872|
|TOTAL|FUNDS||559,064|20,550|579,614|
##
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||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||||f,||
|Unrestricted||funds|||||
|General|fund||85,013|(89,463)|25,000|20,550|
|TOTAL|FUNDS||85,013|(89,463)|25,000|20,550|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.19|in funds|31.3.21|
|Unrestricted
funds|||||
|General fund||440,192|68,022|508,214|
|Restricted funds|||||
|Housing Association|Grant|118,872||118,872|
|TOTAL FUNDS||559,064|68,022|627,086|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||177,171|(184,149)|75,000|68,022|
|TOTAL FUNDS||177,171|(184,149)|75,000|68,022|
##
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||Detailed Statement ofFinancial Activities|||
|---|---|---|---|
||for the Year Ended 31March 2021|||
|||2021|2020|
|INCOME AND|ENDOWMENTS|||
|Donations
and legacies||||
|Donations||||
|Investment
income||||
|Deposit account|interest|783|1,341|
|Charitable
activities||||
|Residential
Charges||90,675|83,672|
|Total incoming|resources|92,158|85,013|
|EXPENDITURE||||
|Charitable
activities||||
|Wages||45,169|37,599|
|Social security||4,976|5,109|
|Pensions||1,865|1,857|
|Rates and water||3,995|11,988|
|Insurance||1,930|1,898|
|Telephone||1,091|1,338|
|Postage and stationery||109|41|
|Sundries||282|1,705|
|Food &Cleaning||10,434|10,164|
|Property
repairs||16,676|10,206|
|Computer
Costs||202|202|
|Depn offixtures|6t fittings|2,313|2,135|
|||89,042|84,242|
|Support costs||||
|Finance||||
|Bank charges||75|75|
|Other||||
|AAiliation
fee||2,235|2,202|
|Governance
costs||||
|Accountancy||1,914|1,946|
|Bookkeeping||1,420|998|
|||3,334|2,944|
|2021|2020|
|---|---|
|94,686|89,463|
|(2,528)|(4,450)|