## ## ## ## ## ## ## ## ## ## ## ## ||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 (contity￿J) VE OPE Ir*G SURPLVSES I LOSS 2022 2021 Trrnover Optr*ii Costs OpeTr¢ln¢ S￿￿p1￿$/ Turnover Opcrnlittg Costs OpernllTh% surp1￿$ I IU)ssl Income exF*hdiDMt 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| ## ## ## ## ##