2022-03-31-accounts - The Abbeyfield (Camborne) Society Limited

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	for	the Year En	ded 31 March 2	022
					2022	2021
			Unrcstrictcd	Rcstrictcd	Total	Total
			fund	fund	funds	funds
		Notes	f.
INCOME AND ENDOWMEVTS FROM
Donations and legacies			1,150		1,150	700
Charitable activities
Housing			90,391		90,391	90,675
Investment income			660		660	783
Total			92 201		92201	92 158
EXPENDITURE ON
Charitable activities
Housing			117,503		117,503	94,686
NET INCOME/(EXPENDITURE)			(25,302)		(25,302)	(2,528)
Other recognised gains/(losses)
Gains on revaluation	offixed assets		25 000		25,000	50 000
Net movement in funds			(302)		(302)	47,472
RECONCILIATION	OF FUNDS
Total funds brought	forward		508,214	118,872	627,086	579,614
TOTAL FUNDS CARRIED FORWARD			507 912	118872	626 784	627 086

Fixtures	and fittings	10%on cost
Computer	equipment	20% on cost

INVESTMENT INCOM	E
		2022	2021
Deposit account interest		660	783
NKT INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated atter charging/(crediting):
		2022	2021
			f,
Accountancy		1,750	1,914
Dcprcciation —owned assets		2,684	2,313
Deficit on disposal offixed assets		130

	Notes to the Financial Statements -continued for the Year Ended 31 March 2022	Notes to the Financial Statements -continued for the Year Ended 31 March 2022
COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrcstrictcd	Rcstrictcd	Total
		fund	fund	funds
			f.
INCOME AND ENDOWMENTS		FROM
Donations and legacies		700		700
Charitable activities
Housing		90,675		90,675
Investment income		783		783
Total		92 158		92 158
EXPENDITURE ON
Charitable activities
Housing		94,686		94,686
NET INCOME/(EXPENDITURE)		(2,528)		(2,528)
Other recognised gains/(losses)
Gains on revaluation	oftixed assets	50000		50 000
Net movement in funds		47,472		47,472
RECONCILIATION	OF FUNDS
Total funds brought	forward	460,742	118,872	579,614
TOTAL FUNDS CARRIED
FORWARD		508 214	118872	627 086

				Fixtures
			Freehold	and	Computer
			property	fittings f.	equipmentf	Totals
COST OR VALUATION
At 1 April	2021		475,000	23,098		498,098
Additions				627	890	1,517
Disposals				(L323)		(1,323)
Revaluations			25 000			25 000
At 31March 2022			500000	22 402	890	523 292
DEPRECIATION
At 1 April	2021			13,962		13,962
Charge for Eliminated	year on disposal			2,328 ~659)	356	2,684 ~659)
At 31 March 2022				15631	356	15987
NET BOOK VALUE
At 31 March 2022			500000	6771	534	507 305
At 31 March 2021			475 000	9 136		484 136
Cost or valuation at 31 March 2022 is represented		by:
				Fixtures
			Freehold	and	Computer
			pfopcrtv	fittings	cquipmcnt	Totals
			E
Valuation	in 2018		266,769			266,769
Valuation	in 2020		25,000			25,000
Valuation	in 2021		50,000			50,000
Valuation	in 2022		25,000			25,000
Cost			133231	22402	890	156,523
			500 000	22402	890	523 292

2022	2021
~133231	~133231

8.	DEBTORS:	A	MOU	NTS FALLING DUE WITHIN ONE YEAR
						2022	2021
	Other debtors							223
	Prepayments	and accrued income				507		507
	Prepayments					1 613	1	412
							2	142
9.	CREDITORS:		AMOUNTS FALLING DUE WITHIN ONE YEAR
						2022	2021
						f.
	Trade creditors					3,787	1,270
	Other creditors					13
	Accruals and	deferred		income		1,873	2,317
	Accrued expenses					10880	4	338
						~16553	~7925
10.	MOVEMENT		IN FUNDS
						Net
						movement	Ar
					At 1.4.21	in funds	31.3.22
					f.	f.
	Unrestricted	funds
	General fund				508,214	(302)	507,912
	Restricted funds
	Housing Association			Grant	118,872		118,872
	TOTAL FUNDS				627086	~302)	626	784

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				f,		f.
Unrestricted		funds
General	fund		184,359	(212,189)	75,000	47,170
TOTAL	FUNDS		184359	212 189	75 000	47 170