| Trustees | Mr C Voisey | |
|---|---|---|
| Mrs AWidger | ||
| Mrs BGill | ||
| Ms L Ellis | ||
| Mr RA Bishop | ||
| Charity number | 288402 | |
| Company | number | 01743492 |
| Registered | office | 30Fore Street |
| Totnes | ||
| Devon | ||
| TQ9 5RP | ||
| Auditor | Darnells Audit Limited | |
| Quay House | ||
| Quay Road | ||
| Newton Abbot | ||
| Devon | ||
| TQ12 2BU | ||
| Bankers | Lloyds TSB | |
| 65/67 Fore Street | ||
| Kingsbridge | ||
| Devon | ||
| TQ7 1PN | ||
| Solicitors | Beers | |
| 29 Fore Street | ||
| Kingsbridge | ||
| Devon | ||
| TQ7 1AA |
| Page | ||
|---|---|---|
| Trustees' report |
1-4 | |
| Statement ofTrustees' | responsibilities | |
| Independent auditor's |
report | 6-9 |
| Statement offinancial | activities | |
| Balance sheet | ||
| Notes to the financial statements | 12-19 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| Notes | 2022 f |
2022 | 2022 | 2021 | 2021 | 2021 E |
||
| Income from: | ||||||||
| Charitable activities |
243,337 | 243,337 | 258,573 | 258,573 | ||||
| Investments | 19 | 19 | ||||||
| Other income | 141,459 | 141,459 | 7,169 | 7,169 | ||||
| Total income | 384,796 | 384,796 | 265,761 | 265,761 | ||||
| Expenditure on: |
||||||||
| Charitable activities |
5 | 168,161 | 168,161 | 194,422 | 194,422 | |||
| Net income for the year/ | ||||||||
| Net movement | in funds | 216,635 | 216,635 | 71,339 | 71,339 | |||
| Fund balances | at 1 April | |||||||
| 2021 | 2,790,730 | 35,530 | 2,826,260 | 2,719,391 | 35,530 | 2,754,921 | ||
| Fund balances | at 31 | |||||||
| March 2022 | 3,007,365 | 35,530 | 3,042,895 | 2,790,730 | 35,530 | 2,826,260 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | f | E | ||||||
| Fixed assets | ||||||||
| Tangible assets | 3,056,041 | 3,428,005 | ||||||
| Current assets | ||||||||
| Debtors | 10 | 5,154 | 17,292 | |||||
| Cash at bank and | in | hand | 410,848 | 258,668 | ||||
| 416,002 | 275,960 | |||||||
| Creditors: one year |
amounts | falling due within | 12 | (29,089) | (66,897) | |||
| Net current | assets | 386,913 | 209,063 | |||||
| Total assets less | current liabilities | 3,442,954 | 3,637,068 | |||||
| Creditors: more than |
amounts one year |
falling due after | 13 | (400,059) | (810808) | |||
| Net assets | 3,042,895 | 2,826,260 | ||||||
| Income funds | ||||||||
| Restricted | funds | 14 | 35,530 | 35,530 | ||||
| Unrestricted | funds | 3,007,365 | 2,790,730 | |||||
| 3,042,895 | 2,826,260 |
| Unrestricted | Unrestricted |
|---|---|
| funds | funds |
| Provision of | Provision of |
| safe S | safe S |
| secure | secure |
| residential | residential |
| housing | housing |
| 2022 | 2021 |
| E | |
| 243,337 | 258,573 |
| Total | Unrestricted | |||
|---|---|---|---|---|
| funds | ||||
| 2022 | 2021 | |||
| E | ||||
| Bank | interest | receivable | 19 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Net gain on disposal of16 Hillside | Drive | 133,952 | |
| Feed in tariff | 7,507 | 7,169 | |
| 141,459 | 7,169 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Depreciation and impairment |
43,520 | 25,421 | ||
| Repairs and maintenance | 49,397 | 98,935 | ||
| Insurance | 9,431 | 8,856 | ||
| Garden expenses | 6,730 | 6,415 | ||
| Council tax | 600 | 1,409 | ||
| Service charges and | ground | rent | 1,855 | 1,099 |
| Bank loan interest | 48,888 | 42,835 | ||
| Utilities | 667 | 1,089 | ||
| 161,088 | 186,059 | |||
| Share ofsupport costs (see | note 6) | 546 | 1,959 | |
| Share ofgovernance | costs | (see note 6) | 6,527 | 6,404 |
| 168,161 | 194,422 |
| Support | costs | ||||||
|---|---|---|---|---|---|---|---|
| Support | Governance | 2022 | Support | Governance | 2021 | ||
| costs | costs | costs | costs | ||||
| Bank charges | 184 | 184 | 197 | 197 | |||
| Sundries | 362 | 362 | 262 | 262 | |||
| Donations | 1,500 | 1,500 | |||||
| Auditor's | fees - external | ||||||
| scrutiny | 3,300 | 3,300 | 3,300 | 3,300 | |||
| Auditor's | fees - other | ||||||
| services | 3,175 | 3,175 | 2,954 | 2,954 | |||
| Trustee travel and | |||||||
| expenses | 52 | 150 | 150 | ||||
| 546 | 6,527 | 7,073 | 1,959 | 6,404 | 8,363 | ||
| Analysed | between | ||||||
| Charitable | activities | 546 | 6,527 | 7,073 | 1,959 | 6,404 | 8,363 |
| 9 | Tangible | fixed assets | fixed assets | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Freehold land |
Leasehold | Plant and | Frxtures and | Total | |||||
| and buildings | land and | equipment | fittings | ||||||
| buildings | |||||||||
| Cost | |||||||||
| At 1 April | 2021 | 3,045,551 | 488,242 | 53,482 | 141,258 | 3,728,533 | |||
| Additions | 1,101 | 1,101 | |||||||
| Disposals | (343,275) | (84,936) | (428,211) | ||||||
| At 31 March | 2022 | 2,702,276 | 488,242 | 53,482 | 57,423 | 3,301,423 | |||
| Depreciation | and impairment. | ||||||||
| At 1 April | 2021 | 117,598 | 28,458 | 48,132 | 106,340 | 300,528 | |||
| Depreciation | charged | in the year | 9,008 | 2,619 | 5,346 | 9,583 | 26,556 | ||
| Eliminated | in | respect. ofdisposals | (13,730) | - | - | (67,972) | (81,702) | ||
| At 31 March | 2022 | 112,876 | 31,077 | 53,478 | 47,951 | 245,382 | |||
| Carrying | amount. | ||||||||
| At 31 March | 2022 | 2,589,400 | 457,165 | 9,472 | 3,056,041 | ||||
| At 31 March | 2021 | 2,927,953 | 459,784 | 5,350 | 34,918 | 3,428,005 |
| Debtors | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Amounts failing due within one year: |
|||
| Trade debtors | 338 | 20 | |
| Prepayments | and accrued income | 4,816 | 17,272 |
| 5,154 | 17,292 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Bank loans | 419,634 | 848,728 | ||
| Payable | within one year | 19,575 | 37,920 | |
| Payable | after one | year | 400,059 | 810,808 |
| Amounts | included | above which fall due after five years: | ||
| Payable | by instalments | 311,153 | 638,779 |
| Creditors: amounts | falling due within one year | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Notes | ||||
| Bank loans | 19,575 | 37,920 | ||
| Trade creditors | 5,084 | 3,334 | ||
| Accruals and deferred | income | 4,430 | 25,643 | |
| 29,089 | 66,897 | |||
| Creditors: amounts | falling due after more than one year | |||
| 2022 | 2021 | |||
| Notes | E | |||
| Bank loans | 400,059 | 810,808 |
| Movement | Movement | ||||||
|---|---|---|---|---|---|---|---|
| in funds | in funds | ||||||
| 1 | Balance at April 2020 |
Incoming resources |
Balance at 1April 2021 |
Incoming resources |
Balance at 31 March |
||
| f. | 202II | ||||||
| Restricted | legacy | 35,530 | 35,530 | 35,530 |
| 15 | Analysis ofnet assets | between funds | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| 2022 | 2022f | 2022 F |
2021 E |
2021 E |
2021 F |
||
| Fund balances at 31 | |||||||
| March 2022 are | |||||||
| represented by: |
|||||||
| Tangible assets | 3,056,041 | 3,056,041 | 3,428,005 | 3,428,005 | |||
| Current assets/(liabilities) | 351,383 | 35,530 | 386,913 | 173,533 | 35,530 | 209,063 | |
| Long term liabilities | (400,059) | - | (400,059) | (810,808) | - | (810,808) | |
| 3,007,365 | 35,530 | 3,042,895 | 2,790,730 | 35,530 | 2,826,260 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| E | ||||||||||
| Income from: | ||||||||||
| Charitable activities |
||||||||||
| Rental income | 243,337 | 258,573 | ||||||||
| Investment income |
||||||||||
| Bank interest receivable | 19 | |||||||||
| Other income | ||||||||||
| Gain on disposal of16 Hillside | Drive | 133,952 | ||||||||
| Feed in tariff | 7,507 | 7,169 | ||||||||
| Total income | 384,796 | 265,761 | ||||||||
| Resources expended: | ||||||||||
| Charitable activities |
||||||||||
| Provision ofsafe & | secure | residential | housing | |||||||
| Freehold and leasehold |
property | depreciation | 11,627 | 12,256 | ||||||
| Plant and machinery | depreciation | 5,346 | 5,864 | |||||||
| Fixtures and fittings depreciation | 26,547 | 7,301 | ||||||||
| Repairs and maintenance | 49,397 | 98,935 | ||||||||
| Insurance | 9,431 | 8,856 | ||||||||
| Garden expenses | 6,730 | 6,415 | ||||||||
| Council tax | 600 | 1,409 | ||||||||
| Service charges and | ground | rents | 1,855 | 1,099 | ||||||
| Bank loan interest | 48,888 | 42,835 | ||||||||
| Utilities | 667 | 1,089 | ||||||||
| Share ofsupport costs | 546 | 1,959 | ||||||||
| Share ofgovernance | costs | 6,527 | 6,404 | |||||||
| (168,161) | (194,422) | |||||||||
| Net movement in funds |
216,635 | 71,339 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Supportcosts | ||||||
| Bank charges | 184 | 197 | ||||
| Sundries | 362 | 262 | ||||
| Donations | 1,500 | |||||
| 546 | 1,959 | |||||
| Governance costs | ||||||
| Auditor's | fees - external | scrutiny | 3,300 | 3,300 | ||
| Auditors's | fees - other services | 3,175 | 2,954 | |||
| Trustee travel and expenses | 52 | 150 | ||||
| 6,527 | 6,404 | |||||
| 7,073 | 8,363 |