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|||Pages|
|---|---|---|
|Legal and Administrative|Information||
|Report ofthe Trustees||2-5|
|Report ofthe Auditors||6-9|
|Income and Expenditure|Account|10|
|Balance Sheet|||
|Cash Flow Statement||12|
|Notes to the Cash Flow|Statement|13|
|Notes to the Financial Statements||14-20|
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|trustees are a
Secretary:|ppointed
by committee
members.
S.Hanis|ppointed
by committee
members.
S.Hanis|ppointed
by committee
members.
S.Hanis|ppointed
by committee
members.
S.Hanis|ppointed
by committee
members.
S.Hanis||
|---|---|---|---|---|---|---|
|The trustees|serving during the year and since the year end sre|||||as follows:|
|Directors and Members||ofthe Board|||||
|Treasurer:|||A.J.Sansom||||
|Members:|||V. Rigby||||
||||A. E.Valentine||||
||||S.Trimby||||
|No members ofthe Board||have any contractual|ties with ihe Society||||
|Administrative|Manager;||Mrs S.Harris||||
|Finance Manager:|||Ms S.M. Kelly||||
|Registered Office:|||2 - 6 Marshsfi|Drive|||
||||Hayes||||
||||Middlesex||||
||||UB4 OSW||||
|Architects and Quantity Surveyors|||RJA Partnership||||
||||t/3 High Brooms||Road||
||||Tunbrldge
Wells||||
||||Kent
TN49DA||||
||||Hazle McCormack|||Young LLP|
||||Leap House, Frog|||Lane|
||||Tunbridge
Wells||||
||||Kent TN11YT||||
|Auditors|||Moore Kingston||Smith LLP||
||||The Shipping
Building||||
||||The Old Vinyl Factory||||
||||Blyth Road||||
||||Hayes, London||||
||||UB3 1HA||||
|Bankers|||Barclays Bank|pic|||
||||High Street||||
||||Hounslow||||
||||Middlesex||||
||||TW3 1DL||||
||||Metro Bank||||
||||The Pavilions||||
||||50 High Street||||
||||Uxbridge||||
||||UB61JP||||
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||||Notes|2021|2020|
|---|---|---|---|---|---|
|Turnover||||0|0|
|||||316,204|387,307|
|Operating|costs|||||
|Operating|Surplus/(l)eficlt)||4|(98,510)|(19,123)|
|interest receivable
and similar income||||1,498|2,944|
|(Deficit)/Surplus||on onlinary activities before and aRer||||
|taxation|and deficit forthe year|||||
|Reserves|at 1 April 2020||14|2,644,644|2,660,823|
|Surplus/(Deficit)||for the year|14|(87,012)|(16,179)|
|Reserves|at 31|March 2021||||
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|||Notes||2021||2020|
|---|---|---|---|---|---|---|
|||||8||6|
|Fixed Assets|||||||
|Tangible assets||||2,302,859||2,370,608|
|||||2,302,859||2,370.608|
|Current Assets|||||||
|Debtors||10|32,035||50,087||
|Investmenls||11|327,305||324,863||
|Cash at bank and in hand|||364,638||409,646||
||||723,97S||784,596||
|Cmditors: Amounts|faglng due||||||
|within one year||12|61,442||80,416||
|Net current assets||||662,536||704,180|
|Total assets less current liabilities||||2,965,395||3,074,788|
|Creditors: Amounts|falling due||||||
|after one year||13||(407,763)||(430,144)|
|Net assets||||2,557,632||2,644,644|
|Represented
by:|||||||
|Capital and Reserves|||||||
|Revenue reserves||14||424,917||466,561|
|Designated
reserves||14||2,122,715||2,168,083|
|Restricted reserves||14||10,000||10,000|
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|||||Notes|2021|2020|
|---|---|---|---|---|---|---|
||||||2|0|
|Net cash|inflow from operahng||activities|(a)|(44,064)|30,062|
|Returns|on Investments|snd servicing of|||||
|finance||||(b)|1,496|2,944|
|Capital expenditure||||||(45)|
|Increase|in net funds|||(b)|||
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|(a)|Reconciliation
ofdeRclt forthe
activities|Reconciliation
ofdeRclt forthe
activities|year to net cash Inflow from operating|year to net cash Inflow from operating|2021f|2020f|
|---|---|---|---|---|---|---|
||(Deficit)/Surplus
forthe|year|||(87,012)|(16,179)|
||Depreciation||||67,749|68,523|
||Interest receivable||||(1,498)|(2,944)|
||Decrease/(Increase)
in debtors||||18,052|(15,488)|
||Decrease in creditors||||||
||Net cash inflow from operating||activities||||
|(b)|Gross Cash flows||||||
||Returns on investment|and servicing ofSnance|||2021f|2020f|
||Interest received||||1498|2,944|
|(c)|Reconcghdlon
ofnet cash flow
funds (note (d))||to movements|In net|2021f|2020f|
||Increase in net funds
in Ihe year||||(42,566)|32,961|
||Net funds at 1 April 2020||||734,509|701,548|
||Net funds at 31March 2021||||9
9 3|33459II|
|(d)|Analysis ofchanges
in|net funds||Balance at 1|Cash flows|Balance at 31|
|||||Aprg 2020f||March 2021f|
||Cash at bank|||409,646|(45,008)|364,638|
||Current asset investments|||324,863|2,442
~566|327,305
69'I 943|
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|Turnover|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||6|6|
|Income from lettlngs:|(supported||sheltered||accommodation)||||
|-Gross rents receivable
-Less rent losses from voids snd|||rebates||||404,190|395,400
~32,8|
|Net rentals receivable|||||||293,549|362,585|
|Other income:|||||||||
|- Capital grant income|||||||22,381|22,381|
|- Miscellaneous
Income|||||||274|2,341|
||||||||312.20|38,30|
|The turnover
arose from activities|||wholly|in|the United|Kingdom.|||
|Units in management|||||||||
||||||||2021|2020|
|Supported
housing
and|housing|for older||people|||30|30|
|Operating
Deficit|||||||||
|Operating
deficit for the year is||stated after|||charging/(crediting):||||
||||||||2021|2020|
||||||||6|6|
|This is stated after charging;|||||||||
|Depreciation
ofowned|tangible|fixed assets|||||67,749|68,523|
|Auditors
remuneration|-Audit||||||6,900|6,720|
|Auditors
remuneration|-Other services||||||3,480|3,300|
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|The average
monthly|number|number|ofpersons|(excluding|members|ofthe Board) employed|during the period was;|during the period was;|
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|Office staff|||||||||
|Housekeepers,
caretakers and cleaners|||||||||
||||||||8||
|Their aggregate
remuneration|||for the above persons||comprised:||2021f|2020f|
|Wages and salaries|||||||156,103|153,257|
|Social security costs|||||||7.838|8,676|
|Pension costs - defined||contribution|||||4,88||
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|9|Tangible Fi|xed Assets||||
|---|---|---|---|---|---|
||||Freehold|Furniture,||
||||housing|fixtures,||
||||properties-f|fittings andf|Total
6|
||Cost|||||
||At 1 April 2020||3,516,269|149,041|3,665,310|
||Additions|||||
||At 31 March|2021|3,516,269|149,041|3,665,310|
||Depreciation|||||
||At 1 April 2020||1,189,041|105,661|1,294,702|
||Charge for the year||62,326|5,423|67,749|
||At 31 March|2021|5|||
||Net Book Value|||||
||At 31 March|2021|2,264,902|37,957|2,302.859|
||At 31 March|2020|, 2,228|43,380|2,370,608|
|10|Debtors|||||
|||||2021|2020|
|||||6|6|
||Amounts
falling due within one year:|||||
||Residen6al|debtors||7,605|24,393|
||Prepayments|||15,066|14,734|
||Other debtors|||9,364|10,960|
|11|Investments|||||
|||||2021|2020|
|||||6|6|
||Short term deposits||||324,863|
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|||2021|2020|
|---|---|---|---|
|||8|8|
|Trade creditors||12,124|8,742|
|Reslden6al
creditors||2,078|24,120|
|Taxation and social securiiy||1,619|2,648|
|Pension creditor||1,091|788|
|Accruals and deferred|income|22,149|21,737|
|Government
grants||22,381|22,381|
|||5,442||
|13|Creditors: Amounts|Creditors: Amounts|falling|due after more than one year|||
|---|---|---|---|---|---|---|
||Government
grants||||2021
8|2020f|
||Social Housing|Grant|||159,572|164,227|
||Department
of|Environment||grant|248,191|265,917|
|||||||35.44|
||Movement
on|government||grants:|||
||Opening balance||||452,525|474,906|
||Amorlisation
to|be recognised as turnover|||||
||Closing balance|||||5,5 5|
||This balance will be||released as follows:||||
||Within one year||||22,381|22,381|
||ARsr one year||||407,763|430,144|
|||||||452. 2|