| CO%TENTS | PAGE | |
|---|---|---|
| Olftcers dt professional | advisers | |
| Trustees' annual rcport |
||
| Independent examiners |
report to the members | |
| Statetnent offinancial | activities | |
| Balance sheet | ||
| Notes to the financial | statemeats | 7- 15 |
| arayrdc080 rtl, lt&s |
t.iaabTa&crau rtr ns |
terra&. tet& | &'nt'AL stets | ||
|---|---|---|---|---|---|
| INCOME dt EXPENDITURE | |||||
| STATEMENT | |||||
| incoming Resources |
|||||
| Iatvcest Ecccivsbic Rt Invesuneat | 7,527 | 7.527 | 7,680 | ||
| Donatloas, Lcgsdes &h Similar |
|||||
| lncame in furtherance ofthe |
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| society's obIeels: | |||||
| Honvisg Aocornmodath&u Le&tinge Hc &ting Clmrges Receivable Sundry lscomc |
31,840 t&.864 0 |
3!.840 6.864 0 |
31,166 6,864 484 |
||
| Total Incoming Reseurces | 4r&,231 | 46.231 | |||
| RFSOURCES FXPKNDED | |||||
| Cost ofactivities ln fu&thcrsncc |
|||||
| Ofti&e society 's charineblc objccln | |||||
| Cyclical R&7ahu to Buildings | |||||
| Other General Rcpairc to Buildings Gvc&eral Repairs to Fistcnu dt Fittit&gs |
4,112 13,070 |
4,112 13.D70 |
4,070 t,844 |
||
| Water Rates Hvat and I.ighting Wsrdcns Telephone Costs Adn&inistmg&vu aad Sundry Costs 8im Mu&ogm'& Iionorarium Invums ceCos&s Building R Plant Insp&utica Fees Indvy&aulcnt E&taa&ines Feu' lnt&acct Payable R.Similar Charges |
2.926 4,836 712 5.321 1,500 i,883 0 1.101 0 |
2,926 4,836 712 5,321 'I.500 1,883 D I.I0I 0 |
3,129 4,167 833 2,841 1.450 1,804 0 792 0 |
||
| 35,462 | 35,462 | 20.930 | |||
| NFT INCOMING/ IOUTGOINGI RFSOURCES BEFORE |
10,769 | 10.769 | 25,264 | ||
| TRAIYSFKR | |||||
| Revaluation ofInvmtmmts |
126.687 | 12t&.687 | 431.802 | ||
| Net movementa ln funds Fund Balances as at 1.1.2021 |
22 | 137.455 1,414,328 |
137rt55 1,414.328 |
457066 957,262 |
|
| Fund Balances as at31.12.2021 | 1.551.783 | 1.551,783 | 1,414,328 |
| FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|
| Freehold Building In vs%nants |
10 ll |
26,430 1,413,774 |
26,430 1,287,087 |
|||
| CURRENT ASSETS | ||||||
| Debtors k PrePayments Cash at Bank tk in Mand |
12 19 |
182 136,926 |
1,411 124,930 |
|||
| 137,108 | 126)342 | |||||
| Less: CURRENT l,lABILITIES | ||||||
| Creditors: Amounts faglag dae within one year |
13 | |||||
| NET CURRENT ASSETS | 136318 | 125,450 | ||||
| Creditors: Amounts faging due alter |
||||||
| one year | ||||||
| TOTAL ASSETSLESS | ||||||
| LIABILITIES | 1.576,422 | 1,438,967 | ||||
| Flnaoeed by:- | ||||||
| Fund Bahmce Designated Funds |
16 | 1,551,783 ~24 |
1,414238 4%dQR |
|||
| Total Funds |
| ~:' | ' | ||||||
|---|---|---|---|---|---|---|---|
| ~ | ~+ | ||||||
| 55RIH | L | ||||||
| I | 4 | ||||||
| I | |||||||
| RI~MM~ | |||||||
| ll | |||||||
| IM | |||||||
| I | I | ||||||
| 'I | |||||||
| 'I | I | ||||||
| I | I |
| 202l | 2020 | ||||
|---|---|---|---|---|---|
| None ot the Directors received any emoluments | |||||
| Total expenses reimbursed to Directors not chargeable to |
Nil | Nil | |||
| United Kingdom income tax |
|||||
| INF T N |
|||||
| Staffcosts dudtng the year: wages and salaries |
Nil | Nil | |||
| Thc average weekly number ofpersons employed the Asmciation during the year warn |
by | ||||
| Site Manager | |||||
| The Trustem have no paid staff but the part time Site hdanager employed on the basis ofprovision ofrent free accommodation |
is under |
||||
| a licence arrangemcnt and he was given a61,500 (2020 —6t,450]. |
annual | honorarium. |
| 2021f | 2020 8 |
||
|---|---|---|---|
| Bank interest mceivablc investment income |
8 ~78 |
I8l ~499 |
|
| 7.527 | 7,680 |
| s(oies to the Accounts 31December | s(oies to the Accounts 31December | 2021 (continued) | |||||
|---|---|---|---|---|---|---|---|
| 11.Fl | 2021 | 2020 | |||||
| (a)Cost: | |||||||
| At beginning ofyear | 194,832 | 190,321 | |||||
| Additions in year |
5,390 | 4,510 | |||||
| At end ofyear | 200.222 | 194,832 | |||||
| (b)Market Value | |||||||
| At beginning ofyear | 1.287.087 | 8S5.285 | |||||
| Additions during the year |
5390 | 4,510 | |||||
| Increase (decrease) | in market | value | 121,297 | 427,?91 | |||
| At end ofyear | I,413.774 | 1,287,087 | |||||
| 12. E Ilg IV ' |
V | 2021 | 2020 | ||||
| 8 | |||||||
| Debtors and pmpsymcnts | 182 | 1,441 | |||||
| 1,441 | |||||||
| Chubb Fire Alarm -4 months | 182 | 179 | |||||
| insurance —Property Yotai Debtors |
0 ~2 |
1 223. ~41 |
|||||
| 13. Dl |
FALLI G | ITBLV | tt)K | EAR | 2021 | 2020 | |
| Rent and service charge | rccenmd | in advance | 8 | ||||
| Other creditors and accrued expenses I.ending authorities for instaiments ofloan interest |
etc, | 892 | |||||
| 890 | &92 | ||||||
| Votes | |||||||
| C'hristmas Gifts independent Examiners |
Fees | 50 840 |
100 792 |
||||
| 890 | 892 | ||||||
| 13 |
| 14 EIIITORS:AM O 'FALLIN |
14 EIIITORS:AM O 'FALLIN |
AFTERMORE TR | AFTERMORE TR | NON | Y | R | |||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| 0 | |||||||||
| 1 lousing loan —capital instalments due a(ter one year |
|||||||||
| (note (5) | |||||||||
| 16. ~ll Q~O |
|||||||||
| Thc housing loan from s previously |
owned | financial | |||||||
| subsidiary ofthe Bousing C'otporatinn was |
insured | by | |||||||
| specific charges on the Association's | housing | properties | |||||||
| snd was repayable at a fixed annual |
rate oi'interest of | ||||||||
| 10,625%.This wss 1'ully paid off in | 2016. | ||||||||
| histalments due within one year |
|||||||||
| lnstalmenns due in more than one year |
|||||||||
| n 9 RVE |
|||||||||
| Cycgcal Maintenance | Extraordinary | Repahs | 2021 | 2020 | |||||
| Reserve | g | Reserve | g | ||||||
| At beginning ofyear | 13,414 | 11,225 | 24,639 | 24,639 | |||||
| Tmnsfers (to]Ifrom reserves | |||||||||
| At the year cnd | 13A14 | 11,225 | 24,639 | 24,639 |
| (b} | INU T |
'N REVALUATION |
'N REVALUATION |
RESERVE | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance hicrease |
at beginning ofyear (Decrease) in valuation |
in year | 1,140,644 1.26.687 |
709,042 431,802 |
||
| Balance | at end ofyear | 1,267,531 | 1.140044 |
| .C | ||
|---|---|---|
| 2020 | ||
| Ba»k Account | 67.676 | 55,6SO |
| Petty Cash CCLA Deposit Account/ COIF Charitiev Deposit Fund |
250 | 259 69.XO |
| Total Cash in Hand | ||
| 136,926 | 124,930 |