2021-03-31-accounts - Goleudy Housing and Support Limited

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	FOR THE YEAR ENDED 31	MARCH 2021
		Page
Report ofthe Trustees		1-16
Report ofthe independent	auditors	17-20
Statement of Financial Activities		21 - 22
Balance Sheet		23-24
Statement of Cash flows		25
Notes to the Financial Statements		26-50

REFERENCE AND	REFERENCE AND	REFERENCE AND	ADMINISTRATIVE DETAILS	ADMINISTRATIVE DETAILS	ADMINISTRATIVE DETAILS
Charity Number				504094
Company	Number			1195549
Registered		Office		The Customs House
				Cambrian Place
				Swansea
				SA1 1RG
Directors and Trustees
The directors ofthe			charitable company (the charity) are iis trustees for the purpose							ofcharity law. The trustees
and officers		serving	during the period and since		31 March		2021 were ss	follows:
Chair				Joy Williams (resigned 3July 2021)
				Christopher Jones (appointed 26 January				2021, appointed as Chair, 3July			2021)
Vice Chairs				Sarah Smith
Elected Trustees				Conrad Funnell
				Gary Hall
				Jonathan Hughes	(appointed		12 May 2020)
				Susanna Carter (appointed			21 October 2020)
				Adelaide Morgan	(appointed		9March 2021)
				Rachel Rawlings	(appointed		9March 2021)
				Martin Greenham	(resigned		31July 2020)
Company	Secretary			Jim Bird-Waddington
Key Management				Jim Bird-Waddington			Chief Executive Officer
Personnel				loan Davies			Director of Finance
				Suzanne Morris			Director of People snd		Communities
				Mathew Morgan			Director ofOperations
				Sarah Daniels			Community	Development		Director (appointed	12
							April 2021)
Auditors				Azets Audit Services
				Chartered Accountants		and	Statutory Auditors
				Ty Derw
				Cardiff Gate Business Park
				Cardiff
				CF23 8AB
Bankers				Co-Operative Bank Pic.			HSBC		Bank of Scotland
				34 Kingsway			10Portland	Street	PO Box23581
				Swansea			Swansea		Edinburgh
				SA1 5LE			SA1 3DF		EH1 1WH
Legal Advisors				Hugh James
				114-116St Mary	Street
				Cardiff
				CF10 1DY
Investment		Managers		Brewin Dolphin
				5Callaghan Square
				Cardiff
				CF105BT

GOLEUDY HOUSING AND SUPPORT LIMITED (A COMPANY UMITED BY GUARANTEE) REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GOLEUDY HOUSING AND SUPPORT LIMrrED FOR THE YEAR ENDED 31 MARCH 2021 RKponslblll•9 ol the trustses As explained more fulty in tho trustees, resp(sibIlitieS st81emènt Set out on page 16. the truste8s Iwho arg also the directors ofthe parent charitable company for the purposes of company lawl are responsib18 for the preparation of the financkql Statements and for being satisfied that they give a tfue and fair view. and for such inlemal control as th8 trustèes detemiine is necessary to enable the preparalbn of finanGial stalemenl$ that a f from material misststement, whether due to fraud or error. In prying the financial slatem8nts, th8 tru5te8s ar8 reBponsibtg for assessing the groups and parent charitable company's ability to continue as a goÉng concem, disclosing, as applicablg, matters related to going concem and using the going cOrer basis of accounting unless the trustees either intend to liquidate the group or parent charitable cijmpary or lo ¢e•$e operations, or have no realistic alternalfve but to do so. Audltofs responslbllltles for the •udlt of the flnanclal statements We have been 4)pointed auditor Mder the Companies A¢t 2006 and report in accordance with this Act. Our objectives are lo obtsin rea80nable assurance aboutwhetherthe flnan¢bl statements as a whc4e are free from materi81 misstatement, whether due to fraud or error, and to issue an auditor's report that Includes our opinion. Reasonable assuranrE is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will ahvays detect a materlal misstslemenl when il exist8. Misstatements can arise from fraud or error and are considered material rf, indNidu8lly or in the aggregate, they could reasonably be expeded to infiuen¢e the onOMiC decisions of users tsken on the basis of these financial statements. Irrogularibo$, including fraud, 8r8 instances of nOnoMplIan¢8 wlth laws and regulations. We design procedures in line wth our responsibilities, outlined above. to deled material misslalements in reSpt of irregularities, including fraud. The extent to which our procedures are cap8bie of detecting irragu5arilies, including fraud. A further description of our responsibilit$ is availablg on the Financial Reporting Council'8 website at.. https.'IfvMv.frc.org.uklOur-W¢)rkJAuditlAudit-and-assurancelStsndards-and%uidancelStandards-and- guiLfancfrfor-audf(orslAuditors-responsibiliti05-for-auditlDescriptiorwf-audilor8-responsibilities40r- audit.aspx. This description forms part of our auditorf5 report Extgnt to whl¢h the audlt was consldered capable of detectlng Irregularfties, including fraud Irregularities, including fraud, are instances of non<ompliance wf(h laws and regulaions. We design procedures in Ilne wlth our respon8ibilf(ie8. Outlined above and on the Financial Reporting Council's website, to detect material misstal8m8nts in respect of irrngularitias, including froud. We obtain and update our understanding of the entity, its actiwties, ils control environment, and likely future developments, inclufjing in relation to the legal and regulatory framework applicable and howthe entity is MplyIng with that framework. Based on this understanding. we identify and assess the risks of molerial misstslemenl of the financial slaternenls, 4thether due to fraud or error, design and perfonn audrt procédures responsive lo those rtsks. and obtain audit evidence that is SLrfficient and appropriate lo pmvide 8 basis for our opinion. This inelude8 eonsideration of the risk of acts by the entty that were eontraryto appluble laws and regulation$. including fraud. 19

		FOR T	HE YEAR END	ED 31 MARCH	2021
		Restricted	Restricted	Unrestricted	Unrestricted
		Capital	General	Designated	General	TOTAL	TOTAL
		Funds	Funds	Funds	Funds	2021	2020
	Note	K		6	6	F	6
INCOME
Income from Charitable activities			380,705		2,718,209	3,098,914	2,923,964
Income from other trading activities							52,396
Investment Income					5,914	5,914	6,125
TOTAL INCOME			380705		2724 123	3104 28	2982485
EXPENDITURE
Cost of raising funds	6						74,268
Expenditure on Charitable activities:			315,530		2,628,054	2,943,584	2,791,943
TOTAL EXPENDITURE			315,530		2,628,054	2,943,584	2,866,211
Net gains I(losses) on investments					48,507	48,507	(33,529)
Net income I (expenditure)			65,175		144,576	209,751	82,745
Gross Transfers betweenfunds	18	(11,780)		(384,237)	396,017
Net Movement in Funds		(11,780)	65,175	(384,237)	540,593	209,751	82,745
RECONCILIATION
OF FUNDS
ugh' forvrard	18	516910	87,703	1577188	260967	2 442 768	2,360,023
TOTAL FUNDS
CARRIED	19	505,130	152,878	1,192,951	801,580	2,652,519	2,442,768
FORWARD

		Restricted	Restricted	Unrestricted	Unrestricted
		Capital	General	Designated	General	TOTAL
		Funds	Funds	Funds	Funds	2020
		6	E	6	6	6
INCOME
Income from Charitable activities			297,196		2,626,768	2,923,964
Income from other trading activities					52,396	52,396
Investment Income					6,125	6,125
Total Income			297196		2685 289	2982 85
EXPENDITURE
Cost ofraising funds					74,268	74,268
Expenditure on Charitable activities:			269,599		2,522,344	2,791,943
TOTAL EXPENDITURE			269,599		2,596,612	2,866,211
Net gains I(losses) on investments					(33,529)	(33,529)
Net income I (expenditure)			27,597		55,148	82,745
Gross Transfers between funds		(11,780)		56,968	(45,188)
Net Movement in Funds		(11,780)	27,597	56,968	9,960	82,745
RECONCILIATION	OF
FUNDS
Total funds brought forward		528,690	60,106	1,520,220	251,007	2,360,023
TOTAL FUNDS CARRIED FORWARD		516,910	87,703	1,577,188	260,967	2,442,768

	Notes	2021	2020
		6
FIXEDASSETS
Propsrges	12	801,754	1,069,453
Other Tangible Assets Investments	13 14	78,125 518.472	119,197 ~218243
		1,396,351	1,406,893
CURRENTASSET8
Debtors	15	400,344	583,579
Cash at bank snd In hand		1.694,152	~1083,953
		2,094,496	1,667,532
CREDITORS
Creditors falling due within one year	16	(838,697)	(632,023)
NET CURRENT ASSETS		1,266,799	1,035,509
NET ASSETS		~652150	~2442 402
THE FUNDS OF THE CHARITY
General Funds	18&19	8012M1	260,741
Designated Funds	18a 19	1,192.951	1,577,188
Restricted Funds	18a 19	152.738	87,583
Restricted Capital Funds	18819	605,130	516,910
TOTAL CHARITY FUNDS		~2652 150	~2442 402

			Notes	2021	2020
Cash flows from operating activities				6
Net Cash provided by operating activities			22	626,204	1,517
Cash flows from Investment activities
Interest from investments				5,914	6,125
Interest from investments added to investment		portfolio		(4,919)	(2,967)
Purchase offixed asset investment				(250,000)	(250,000)
Purchase ofproperty, plant and equipment					(95,303)
Proceeds from sale ofassets				225,000
Net Cash used in investing activities				(24,005)	(342,145)
Change in cash and cash equivalents in the	year			602,199	~340,623
Cash and cash equivalents at the beginning	of	the year		1,092,323	1,432,951
Cash and cash equivalents at the end of	the	year		1 694522	1 092 323

	The summary ofthe financial	The summary ofthe financial	The summary ofthe financial	performance	performance	ofCaer Las Trading
							2021		2020
							K		E
	Turnover								59,128
	Cost ofSales and Administrative				Costs				(41,892)
	Net (Loss)	/ Profit							17236
	The assets	and liabilities	ofthe		subsidiary	were
	Current Assets							370	8,370
	Current Liabilities								(8,000)
	Total net assets							370	370
	Aggregate	Share Capital	and	Reserves				370	370
5	INTEREST	RECEIVABLE - GROUP AND				CHARITY
							2021		2020
							6		6
	Investment	income receivable					4,914		2,987
	Bank interest receivable						1,000		3,158
							~	214	6 126

ended	31 March 2	021	is as f	ollows:
							Total	Total
					Unrestricted	Restricted	2021	2020
						6	6	6
Retail	costs							74,268
Total	expenditure	on	other	activities				74 266

		Social Housing Support	Social Housing Support	&	Support	Costs	Governance	Governance		2021	2020
		Un.	Res.		Un.	Res.	Un.	Res.		TOTAL	TOTAL
		F		E	K	f
Wages and Salaries		1,167,252	209,720		291,813	52,430		—	-	1,721,215	1,764,672
Rent		28,649								28,649	145,926
ITand Communications		162,818		2,344						165,162	145,193
Maintenance Decorating	6	125,863	11,740							137,603	121,665
Utilities		103,423	11,954		11,491	1,328				128,196	113,168
Depreciation		56,232		698	14,058	174				71,162	70,464
Cleaning		64,975		5,057						70,032	69,349
HA Management Costs		187,208								187,208	58,086
Vehicles and Travel		16,777		2,374	1,864	264				21,279	48,276
Insurance premiums					45,453	4,288				49,741	35,168
Training		10,622		3,760	2,655	940				17,977	29,477
Legal & professional	fees	5,296		1,116			34,567			40,979	12,609
Printing, Postage,
Stationery and		15,313		694	3,828	174				20,009	19,342
Advertising
Subtotal		1 944428	249457		371,162	59,598	34,567		-	2,659,212	2633395

EXPENDI	ON CHARITABLE ACTIVI	ON CHARITABLE ACTIVI	ON CHARITABLE ACTIVI	ON CHARITABLE ACTIVI	TES - GRO	UP ~ CONTI	NUED	NUED
	Social Housing S Support				Support	Costs	Governance		2021	2020
	Un.		Res.		Un.	Res.	Un.	Res.	TOTAL	TOTAL
	E		E		E	E
Bad Debts	146,068								146,068	45,834
Sundry expenses	17,785			694	4,446	174			23,099	55,804
Furniture and Fittings Costs	57,774		4,293						62,067	17,722
Purchased Services					7,430	590			8,020	11,798
Food	7,949								7,949	10,537
Audit and Accountancy							14,442		14,442	7,097
Keys	2,327			724					3,051	4,773
Bank charges					1,294				1,294	1,885
Trustee Expenses										1,655
Investment
Management					3,192				3,192	1,196
Costs
Volunteer										121
expenses
Trips and Activities		576							576	100
Profit on Disposal					14,614				14,614	27
	2176907		255168		402138	60362	49009	-	2943584	2791943

		Social Housing Support	Social Housing Support	&	Support	Costs	Governance	Governance	2021	2020
		Un.	Res.		Un.	Res.	Un.	Res.	TOTAL	TOTAL
Wages and Salaries		1,167,252	209,720		291,813	52,430			1,721,215	1,764,672
Rent		28,649							28,649	145,926
IT and Communications		162,818		2,344					165,162	145,193
Maintenance Decorating	&	125,863	11,740						137,603	122,165
Utilities		103,423	11,954		11,491	1,328			128,196	113,168
Depreciation		56,232		698	14,058	174			71,162	70,464
Cleaning		64,975		5,057					70,032	69,349
HA Management Costs		187,208							187,208	58,086
Vehicles and Travel		16,777		2,374	1,864	264	-	-	21,279	48,276
Insurance premiums					45,453	4,288			49,741	35,168
Training		10,622		3,760	2,655	940			17,977	29,477
Legal & professional	fees	5,296		1,116			34,567		40,979	12,609
Printing,
Postage,		15,313		694	3,828	174	-	-	20,009	19,342
Stationery and
Subtotal		1,944,428	249,457		371,162	59,598	34,567	-	2,659,212	2,633,895

EXPENDI	ON CHARITABLE	ON CHARITABLE	ACTIV	ITES - CHA	RITY - CO	NTINUED	NTINUED
	Social Housing Support		&	Support	Costs	Governance			2021	2020
	Un.	Res.		Un.	Res.	Un.	Res.		TOTAL	TOTAL
				E	f	E
Bad Debts	146,068								146,068	88,007
Sundry expenses	17,785		694	4,446	174				23,099	55,804
Furniture and Fittings Costs	57,774		4,293						62,067	21,499
Purchased Services				7,430	590				8,020	11,798
Food	7,949									10,537
Audit and Accountancy						14,442			14,442	6,299
Keys	2,327		724						3,051
Bank charges				1,294					1,294	1,885
Trustee Expenses										1,655
Investment
Management				3,192					3,192	1,196
Costs
Volunteer										121
expenses
Trips and Activities	576								576	100
Profit on Disposal				14,614					14,614	27
	2 176907	255 168		4112138	60,362	49 009		.	2 943584	2 837596

The oper	ating surplus is attributable to the principal activity o	fthe charity.
GROUP		2021	2020
			8
Depreciation of properties		29,017	30,413
Depreciation of other tangible fixed assets		42,145	40,051
Auditors	remuneration
	Audit fee	7,800	8,598
	Insurance	573	420
Operating	Leases - Property		9,375
Operating	Leases - Equipment	15,684	7,965
		95219	88 822
CHARITY		2021	2020
		F
Depreciation ofproperties		29,017	30,413
Depreciation ofother tangible fixed assets		42,145	40,051
Auditors	remuneration
	Audit fee	7,800	7,800
	Insurance	573	420
Operating	Leases - Property
Operating	Leases - Equipment	15,684	7,965
		95219	86699

GROUP			2021		2020
			Number		Number
Management				12	14
Administration	and	support		46	44
				58	58
CHARITY			2021		2020
			Number		Number
Management				12	13
Administration	and	support		46	42
				58	55

During the year to 31 March 2021 the following transactions	During the year to 31 March 2021 the following transactions	During the year to 31 March 2021 the following transactions	During the year to 31 March 2021 the following transactions	During the year to 31 March 2021 the following transactions	took place between	Goleudy	and
Support Limited and its wholly owned trading		subsidiary,		Caer Las Trading	Limited.
						2021	2020
						6	E
Sale of Furniture by Caer Las Trading	Limited	to
Goleudy							11,091
Management charges from Goleudy to
Caer Las Trading Limited							9,000
Intercompany loan from Goleudy to Caer Las		Trading	Limited written off				42,173

2021	2020
8	E

12 TANGIBLE ASSETS —PROPERTIES - GROUP AND CHARITY	Land 8
	Buildings
	E
Cost
At 1 April 2020 Disposals	1,742,668 ~79169
At 31st March 2021	1,463,508
Depreciation
At 1 April 2020	673,215
Charge forthe year Eliminated on Disposal	29,017 ~49.476
At 31 March 2021	661,754
Net BookAmount
At 31 March 2021	801,754
At 31 March 2020	1,069,453

13 TANGIBLE ASSETS	—OTHERS - GRO	UP AND CHARITY
	Database	Plant S Equipment	Motor Vehicles	Fixtures 6 Fittings	Total
			6	6
Cost
At 1 April 2020 Additions Disposals	83,386	263,971	10,260	197,631 ~2,326	555,248 ~2, 326
At 31 March 2021	83,386	263,971	10,260	195,305	552,922
Depreciation
At 1 April 2020 Charge for the year Eliminated on Disposal	74,079 5,319	208,608 19,317	1,283 2,565	152,081 14944 ~1,399	436,051 42 145 ~1,399
At 31 March 2021	79,398	227,925	3,848	165,626	476,797
Net book amount
At 31 March 2021	3,988	36,046	6,412	29,679	76,125
At 31 March 2020	9,307	55,363	8,977	45,550	119,197

GROUP	2021	2020
		8
Market Value at 1 April	207,739
Additions to investment at cost	284,466	258,206
Disposals at Carrying Value Net gain/(losses) on revaluation	(37,669) 48,507	(16,938) ~33.529
Market Value 31st March	503,043	207,739
Cash Account	15,428	10,503
Market Value at 31 March	518471	218242
Historical value as at 31 March	502 392	253 530
CHARITY	2021	2020
	6
Market Value at 1 April	207,740	1
Additions to investment at cost	284,466	258,206
Disposals at Carrying Value Net gain/(losses) on revaluation	(37,669) 48 507	(16,938) ~33.52II
Market Value 31st March	503,044	207,740
Cash Account	15,428	10,503
Market Value at 31 March	518472	218243
Historical value as at 31 March	502 393	253 531

15	DEBTORS
	GROUP		2021	2020
			8	6
	Due within one year
	Trade debtors		109,900	184,097
	Rent receivable		50,744	78,014
	Accrued income and prepayments		239,700	313,465
			400,344	575,576
	CHARITY		2021	2020
			8	K
	Due within one year
	Trade debtors		109,900	184,100
	Rent receivable		50,744	78,014
	Accrued income and prepayments		239,700	313,465
	Intercompany account			8,000
			400,344	583,579
16	CREDITORS
	GROUP AND CHARITY		2021	2020
			5	8
	Amounts falling due	within one year
	Accruals and deferred	income	728,616	561,595
	Trade creditors		79,747	41,493
	Social security and taxes		23,007	24,680
	Other creditors		26	406
	Pension creditor		7,301	3,849
			838,697	632,023

DEFERRED INCONIE - GROUP AND CHARITY
	2021	2020
	K	F
At 1 April	786,204	786,204
At 31 March	786,204	786,204
At 1 April	473,574	461,794
Released against capital funds	11,780	11,780
At 31 March	485,354	473,574
Balance at 31 March	300,850	312,630

		2021	2020
		5
Balance brought	forward	105,004	99,676
Income received	in the year	405,791	479,532
Released to income		(466,243)	(474,204)
Balance as at 31	March	44,552	105,004

GROUP	Balance	Incoming	Resources	Transfers	Balance
	1 April 2020	Resources	Expended		31 March 2021
General Fund	260,967	2,724,123	(2,579,547)	396,017	801,560
Designated	552,543			(255,919)	296,624
property assetfund
Designated	1,024,645			(128,318)	898,327
purposes fund
	1838158	2724123	~2579547	11780	1 994511
CHARITY	Balance	Incoming	Resources	Transfers	Balance
	1April 2020	Resources	Expended		31March 2021
General Fund	260,741	2,724,123	(2,579,550)	396,017	801,331
Designated	552,543			(255,919)	296,624
property asset fund
Designated	1,024,645			(128,318)	896,327
purposes fund
	1 837 929	2724123	~2579 550	11780	1 994282

GROUP				Balance	Incoming	Resources	Transfers	Balance
			1	April 2019	Resources	Expended		31 March 2020
General	Fund			251,007	2,685,289	(2,630,141)	(45,188)	260,967
Designated				571,176			(18,633)	552,543
property	asset	fund
Designated				949,044			75,601	1,024,645
purposes	fund
				1771227	2685289	~2630141	11780	1838155
CHARITY				Balance	Incoming	Resources	Transfers	Balance
			1	April 2019	Resources	Expended		31 March 2020
General	Fund			268,017	2,639,438	(2,601,526)	(45,188)	260,741
Designated				571,176			(18,633)	552543
property	asset	fund
Designated				949,044			75,601	1,024,645
purposes	fund
				1788237	2639438	~2607526	11780	1 837929

GROUP	Balance	Incoming		Resources	Transfers	Balance
	1 April 2020	Resources		Expended		31 Nlarch 2021
Capital Funds	516,910				(11,780)	505,130
Restricted General Funds	87,703	380,705		(315,530)		152,878
	604613	380705	~375 ~3D ~17780			658 008
CHARITY	Balance	Incoming		Resources	Transfers	Balance
	1 April 2020	Resources		Expended		31 Nlarch 2021
Capital Funds	516,910				(11,780)	505,130
Restricted General Funds	87,563	380,705		(315,530)		152,738
	604473	380705	~75530 ~77 780			657 868
Name ofRestricted fund		Description,	Purpose and nature		ofthe fund
Capital Funds		Restdcted Capital		Funds represents	capital grants	and funds
		previously received		in respect ofthe rehabilitation		ofowned
		properties and	were solely for this purpose.

GROUP	Balance	Incoming	Resources	Transfers	Balance
	1 April 2019	Resources	Expended		31 March 2020
Capital Funds	528,690			(11,780)	516,910
Restricted General Funds	60,106	297,196	(269,599)		87,703
	588796	297106	~269599	~11780	604613
CHARITY	Balance	Incoming	Resources	Transfers	Balance
	1 April 2019	Resources	Expended		31 March 2020
Capital Funds	528,690			(11,780)	516,910
Restricted General Funds	59,966	297,196	(269,599)		87,563
	588656	297196	~269 599	~71780	604473

GROUP			General	Designated	Restricted	Total
			Funds	Funds	Funds
Tangible Fixed Assets			76,125	296,624	505,130	877,879
Investments				518,471		518,471
Cash at Bank and	In Hand		1,163,788	377,856	152,878	1,694,522
Other net current	assets	/ (liabilities)	(438,353)			(438,353)
			801 560	1 192951	658 008	2652 519
CHARITY			General	Designated	Restricted	Total
			Funds	Funds	Funds
Tangible Fixed Assets			76,125	296,624	505,130	877,879
Investments			1	518,471		518,472
Cash at Bank and	ln Hand		1,163,558	377,856	152,738	1,694,152
Other net current	assets	/ (liabilities)	(438,353)			(438,353)
			801 331	1192951	657 868	2 852 150

	Comparative ana	lysis of n	et	assets be	tween	funds for t	he year ended 3	1 March 2020
	GROUP					General	Designated	Restricted	Total
						Funds	Funds	Funds
	Tangible Fixed Assets					119,197	552,543	516,910	1,188,650
	Investments						218,242		218,242
	Cash at Bank and	In Hand				198,217	806,403	87,703	1,092,323
	Other net current	assets / (liabilities)				(56,447)			(56,447)
						26IIM7	I 577 188	004 013	2442	780
	CHARITY					General	Designated	Restricted	Total
						Funds	Funds	Funds
	Tangible Fixed Assets					119,197	552,543	516,910	1,188,650
	Investments					1	218,242		218,243
	Cash at Bank and	in Hand				189,987	806,403	87,563	1,083,953
	Other net current	assets / (liabilities)				(48,444)			(48,444)
						260 741	I 577100	604473	2442	402
20	FINANCIAL INSTRUMENTS
	GROUP							2021	2020
									K
	Carrying amount	offinancial		assets
	Debt instruments	measured	at	amortised	cost			1855160	1354434
	Carrying amount	offinancial		liabilities
	Measured at amortised cost							87074	45	748
	CHARITY							2021	2020
									K
	Carrying amount	offinancial		assets
	Debt instruments	measured	st	fair value				1		1
	Debt instruments	measured	at	amortised	cost			1 854796	1 354	067
	Carrying amount	offinancial		liabilities
	Measured at amortised cost							87074	45	748

GROUP AND CHARITY				Expiring	Expiring	Expiring in 2	Total
				less than	1year	to 5years
Land and Buildings and other					12,822	31,377	44,199
Total					12,822	31,377	44,199
RECONCILIATION OF NET MOVEMENT			IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVI
GROUP						2021	2020
						6
Net income for the year (as per the		Statement of Financial Activities)				209,751	82,745
Depreciation charges						71,162	70,464
Loss / (Profit) on disposal						14,614	27
Interest from investments						(5,914)	(6,125)
Investment management	costs recognised		in investment	value		3,192	1,196
Revaluation of Investment						(48,507)	33,529
(Decrease) / Increase in	debtors					175,232	(261,030)
Increase in creditors						206,674	80,711
Net cash provided by operating		activities				626,204	1,517
Analysis ofCash and Cash Equivalents						2021	2020
						K	6
Cash in hand						1,694,522	1,092,323
Total Cash and Cash Equivalents						1 694522	1 092323