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|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|
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|||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||||||
|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|
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|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|||||||
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|||~|||~+|||
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|I||||||||
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|'I|I|||||||
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|||||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.||||
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|||2021f|2020
8|
|---|---|---|---|
|Bank interest mceivablc
investment
income||8
~78|I8l
~499|
|||7.527|7,680|
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|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|
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|.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|
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