| NOTE | REETR/LTED FUNDS |
LNREETR/LTE D FUNDS |
TDTAt' lets | TOTAL te1/ | |
|---|---|---|---|---|---|
| INCOME & EXPENDITURE | |||||
| STATEMENT | |||||
| Incoming Resources Interest Receivable & Investment |
8,495 | 8,495 | 7,527 | ||
| Donations, Legacies & Similar |
|||||
| Income in furtherance of the |
|||||
| society's objects: Housing Accommodation Lenings Heating Charges Receivable Sundry Income |
29,826 6,387 0 |
29,826 6,387 0 |
31,840 6,864 0 |
||
| Total Incoming Resources | 0 | 44,708 | 44,708 | 46,231 | |
| RESOURCES EXPENDED | |||||
| Cost ofactivities in furtherance |
|||||
| Ofthe society's charitable objects: | |||||
| Cyclical Repairs to Buildings Other Genmsl Repairs to Buildings |
0 | 0 | 4,112 | ||
| General Repairs to Ftxtums & |
19,712 | 19,712 | 13,070 | ||
| Fittings Water Rates |
2,963 | 2,963 | 2,926 | ||
| Heat snd Lighting Wardens Telephone Costs |
4,179 775 |
4,179 775 |
4,836 712 |
||
| Administrative and Sundry Costs Site Manager's Honorarium Insuraace Costs |
4,074 1,550 1,738 |
4,074 1,550 1,738 |
5,321 1,500 1,883 |
||
| Building &Plant Inspection Fees Independent Examiners Fees Interest Payable &Similar Charges |
0 1,108 0 |
0 1,108 0 |
0 1,101 0 |
||
| 0 | 36,100 | 36,100 | 35,462 | ||
| NET INCOMING/ (OUTGOING) |
8,609 | 8,609 | 10,769 | ||
| RESOURCES BEFORE | |||||
| TRANSFER | |||||
| Revaluation ofInvestments |
(466,980) | (466,980) | 126,687 | ||
| Net movements in fuads |
(458,371) | (458,371) | 137,445 | ||
| Fund Bslaaces ss at 1.1.2022 | 1,551,783 | 1,551.783 | 1,414,328 | ||
| Fund Balances ssst31.12.2022 | 0 | 1,093,412 | 1,093,412 | 1,551,783 |
Nott% to Ibe Attow•ts31 Dttembtr 2022 (contityJ) VE OPE IrG SURPLVSES I LOSS 2022 2021 Trrnover Optrii Costs OpeTr¢ln¢ Sp1$/ Turnover Opcrnlittg Costs OpernllTh% surp1$ I IU)ssl Income exFhdiDMt l¢ttin8s Housin8 Ae¢ommrdarion 36213 32J62 3.851 38.701 31.823 6.881 ftC4¢s 3&4 3.737 (3.73T) 3,639 13.6391 residents Sundry lJKune 36213 3&1(Kl 114 38.701 35,462 J242 Inter¢M rrt¢ivabie V95 7J27 InieTeA Ny4bkmJd skntlv Surplus (Losfl Clivtties 10.709 Tllroov¢r froty 2022 2021 Mlintrnance rttei¥knk ' rthi10$5e5 •risiox fr¢4n voids 29.120 31.840 31.840 H¢•tinidw8es 6J87 Turnover frryn kttin8S 36213 38.704
| 7, INTEREST PAYABLE |
7, INTEREST PAYABLE |
AND SIMILAR | AND SIMILAR | CHARGES | CHARGES | ||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Interest on the Housing | Loans | repayable | during | the year | 0 | 0 | |
| 8. SURPLUS ON |
ORDINARY | ACTIVITIES | BEFORE | ||||
| TAXATION | |||||||
| The surplus [2022) and |
the surplus [2021]on the ordinmy | activities | |||||
| is stated ader charging: | |||||||
| independent Examiner's |
remuneration: | ||||||
| in their capacity as Independent | Examiners | 960 | 840 |
| Housing Land | Other Fixed | 2022 | 2021 | |||
|---|---|---|---|---|---|---|
| and Buildings | Assets | Total | Total | |||
| 6 | 8 | |||||
| Cost: | at beginning | ofyear | 225,824 | 4,386 | 230,210 | 230,210 |
| Additions | ||||||
| Disposals | ||||||
| At end of | year | 225,824 | 4,386 | 230,210 | 230,210 | |
| Less: | Social Housing Grant | |||||
| At beginning ofyear | 188,591 | 188,591 | 188,591 | |||
| Received | during year | |||||
| 188,591 | 188,591 | 188,591 |
| At beginmng ofyear | 10,803 | 4,386 | 15,189 | 15,189 | ||
|---|---|---|---|---|---|---|
| Charge for year | ||||||
| Disposals | ||||||
| At end of year | 10,803 | 4,386 | 15,189 | 15,189 | ||
| Housing | Land | Other Fixed | 2022 | 2021 | ||
| and Buildings | Assets | Total f |
Total f |
|||
| Net | BookValue | |||||
| At beginning ofyear | 26,430 | 26,430 | 26,430 | |||
| At end ofyear | 26,430 | 26,430 | 26,430 |
| SOCIAL HOUSING GRANTS [SHG] | SOCIAL HOUSING GRANTS [SHG] | 2022 | 2021 | ||
|---|---|---|---|---|---|
| 8 | |||||
| Total accumulated | SHG received and receivable at the | ||||
| Balance Sheet date | for capital and revenue | expenditure | 188,591 | 188,591 | |
| 12 |
| Notes to the Accouats 31 December 2022 (continued) | Notes to the Accouats 31 December 2022 (continued) | |||
|---|---|---|---|---|
| 11.FIXEDASSETS INVESTMENTS | 2022 | 2021 | ||
| (a)Cost: At beginning ofyear Additions in year |
200,222 5,713 |
194,832 5,390 |
||
| At end ofyear | 205,935 | 200,222 | ||
| (b)Market Value At beginning ofyear |
1,413,774 | 1,287,087 | ||
| Additions during the year |
5,713 | 5,390 | ||
| increase (decrease) | in market value | (472,693) | 121,297 | |
| At end ofyear | 946,794 | 1,413,774 | ||
| 12.DEBTORS NCLUDING PRE-PAYMENTS |
2022 | 2021 | ||
| f | ||||
| Debtors and prepayments | 191 | 182 | ||
| 191 | 182 | |||
| Notes | ||||
| Chubb Fire Alarm —4 months | 191 | 182 | ||
| Total Debtors | 1$2 | |||
| 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 2022 | 2021 | ||
| f | ||||
| Rent and service charge | received in advance | |||
| Other creditors and accrued expenses | 1,160 | 890 | ||
| Lending authorities for |
instalments ofloan interest | etc. | ||
| 890 | 890 | |||
| Notes | ||||
| Christmas Gihs |
200 | 50 | ||
| Independent Examiners |
Fees | 960 | 840 | |
| 1,160 | 890 | |||
| 13 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Housing loan —capital instalments due a0er one year |
||||
| Note 15 | ||||
| 15. HOUSING LOAN | ||||
| The housing loan from a previously owned financial |
||||
| subsidiary ofthe Housing Corporation was secured by |
||||
| specific charges on the Association's housing properties |
||||
| and was repayable et a fixed annual rate ofinterest of |
||||
| 10.625'A. This was fully paid off in 2016. | ||||
| lnstalments due within one year |
||||
| lnstalments due in more than one year |
||||
| 16. a DESIGNATED RESERVES | ||||
| Cyclical Maintenance Reserve |
Extraordinary Reserve |
Repairs | 2022 f |
2021 f |
| At beginning ofyear 13,414 |
11,225 | 24,639 | 24,639 | |
| Transfers [to) / f'mm reserves | ||||
| At the year end 13,414 |
11,225 | 24,639 | 24,639 |
| .CASH AT BANK AND IN HAND | 2022 | 2021 |
|---|---|---|
| 8 | ||
| Bank Account | 76,546 | 67,676 |
| Petty Cash CCLA Deposit Account/ COIF Charities Deposit Fund |
250 69,000 |
250 69,000 |
| Total Cash in Hand | ||
| 145,796 | 136,926 |