Charity registration number SC032589 (Scotland)
Company registration number SC226571 (Scotland)
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page
Trustees' report
1 - 4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Notes to the financial statements
8 - 18
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2022
- 1 -
The trustees present their
annual
report and financial statements for the year ended 31 March 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
"
(effective 1 January 2019
).
Objectives and activities
The charity's objects are
to promote the welfare of people with disabilities in need of housing.
Achievements and performance
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 2 -
Other Activity Areas
The consequences of the pandemic continue to have an impact on our work. In both areas of work, referrals are still down on pre-pandemic years, albeit with signs that things are beginning to change.
Our delivery of Person Protective Equipment (PPE) continued up to March 2022.
Towards the end of the year, we began to scope the possibilities of a new database, which came to fruition the following year (22/23).
Financial review
Total income in the year to 31st March 2022 was £247,831 (2021 - £247,959) of which £62,473 (2021 - £63,644) was restricted grant income from the Scottish Government. Expenditure for the year was £220,826 (2021 - £206,868).
The charity had an overall surplus of £27,005 (2021 - £41,091) leading to a total fund balance carried forward of £174,237 (2021 - £147,232).
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 3 -
Risk
The Fife Health and Social Care Partnership (one of the main funders) is reviewing the way it works with the sector. We have participated in consultations and await the actions that the partnership will undertake as consequence of the review.
The Trustees consider risks and have undertaken to ensure that there are sufficient reserves to withstand short term adverse circumstances.
Plans for future periods
We will continue with the work on scoping a better database product and also ensure that our data security is the best it can be.
As part of this process, we will also look to see which forms and administrative processes we can put online.
We will explore the process of hybrid working.
Structure, governance and management
Disabled Persons Housing Service (Fife) is a charity and company limited by guarantee incorporated in December 2001 and governed by its memorandum and articles of association.
Trustees are appointed at the AGM or from time to time by the board to fill gaps in skills and knowledge. New trustees receive training from Fife Voluntary Action on their roles and responsibilities.
The trustees have overall responsibility for the charity’s activities, the charity is run on a day-to-day basis by the charity manager. Subgroups of the board are convened, as necessary.
Disabled Persons Housing Service (Fife) is a member of the Scottish Accessible Housing Network along with other Disabled Persons Housing Services in Scotland.
At the current time, the board are reviewing the constitutional form, governance and staffing structures and are being assisted in this by a specialist charity interim manager.
The trustees, who are also the directors for the purpose of company law, and who served during the year
and up to the date of signature of the financial statements
were:
Philip Revie Chairperson
Mark Han Johnston
Elaine Leitch
Harry Ferrier (Resigned 8 June 2021)
Karen Burton (Resigned 8 June 2021)
Irene Guild (Appointed 24 May 2022)
Alexander Wilkie (Appointed 16 September 2022)
Company Secretary Pandora Summerfield
Independent Examiner Fiona Haro CA
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 4 -
Statement of trustees' responsibilities
The trustees, who are also the directors of Disabled Persons Housing Service (Fife) Limited for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements
comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees'
r
eport was approved by the Board of
Trustees.
Mark Han Johnston
Trustee
22 December 2022
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
- 5 -
I report on the financial statements of the charity for the year ended 31 March 2022, which are set out on pages 6 to 18.
Respective responsibilities of trustees and examiner
The charity’s trustees, who are also the directors of Disabled Persons Housing Service (Fife) Limited for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(a)
which gives me reasonable cause to believe that in any material respect the requirements:
(i)
to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
(ii)
to prepare financial statements
which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations;
have not been met or
(b)
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Fiona Haro CA
Thomson Cooper
3 Castle Court
Carnegie Campus
Dunfermline
Fife
KY11 8PB
Dated: 23 December 2022
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
- 6 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2022
2022
2022
2021
2021
2021
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
2
185,358
62,473
247,831
183,642
63,644
247,286
Investments
3
-
-
673
-
673
Total income
185,358
62,473
247,831
184,315
63,644
247,959
Expenditure on:
Charitable activities
4
156,391
64,435
220,826
150,408
56,460
206,868
Net income/(expenditure) for the year/
Net movement in funds
28,967
(1,962)
27,005
33,907
7,184
41,091
Fund balances at 1 April 2021
136,814
10,418
147,232
102,907
3,234
106,141
Fund balances at 31 March 2022
165,781
8,456
174,237
136,814
10,418
147,232
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 MARCH 2022
31 March 2022
- 7 -
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
8
3,790
9,955
Current assets
Debtors
9
230
-
Cash at bank and in hand
187,839
146,148
188,069
146,148
Creditors: amounts falling due within one year
10
(17,622)
(8,871)
Net current assets
170,447
137,277
Total assets less current liabilities
174,237
147,232
Income funds
Restricted funds
11
8,456
10,418
Unrestricted funds - general
Designated funds
13
3,790
9,955
General unrestricted funds
161,991
126,859
165,781
136,814
174,237
147,232
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2022.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 22 December 2022
Mark Han Johnston
Trustee
Company Registration No. SC226571
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
- 8 -
1
Accounting policies
Charity information
Disabled Persons Housing Service (Fife) Limited is a private company limited by guarantee incorporated in Scotland. The registered office is Caledonia House Pentland Park, Saltire Centre, Glenrothes, Fife, Scotland, KY6 2AQ .
1.1
Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The
financial statements
are prepared in
sterling
, which is the functional currency of the
charity
.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
1.2
Going concern
At the time of approving the financial statements, the
trustees have
a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue
to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.
Income tax recoverable in relation to donations received under
Gift Aid or
deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
1
Accounting policies
(Continued)
- 9 -
1.5
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold improvements
15% Straight Line
Fixtures and fittings
15% Straight Line
Computers
33% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities
.
1.7
Impairment of fixed assets
At each reporting end date, the
charity
reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any
)
.
1.8
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9
Financial instruments
The
charity
has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the
charity
's
balance sheet
when the
charity
becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
1
Accounting policies
(Continued)
- 10 -
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors
and
bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p
aymen
ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations
from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the
charity
’s contractual obligations expire or are discharged or cancelled.
1.10
Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the
charity
is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2
Donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
general
general
2022
2022
2022
2021
2021
2021
£
£
£
£
£
£
Donations and gifts
2,000
-
2,000
2,000
-
2,000
183,358
62,473
245,831
181,642
63,644
245,286
185,358
62,473
247,831
183,642
63,644
247,286
Donations and gifts
Miscellaneous donation
2,000
-
2,000
2,000
-
2,000
2,000
-
2,000
2,000
-
2,000
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
2
Donations and legacies
(Continued)
- 11 -
Grants receivable for core activities
Fife Council Housing
72,230
-
72,230
72,230
-
72,230
Fife Council SDS
93,420
-
93,420
93,420
-
93,420
Scottish Government SDS (SiRD)
-
62,473
62,473
-
63,644
63,644
The Health and Social Care Partnership
-
-
-
15,992
-
15,992
DPHS Core
17,708
-
17,708
-
-
-
183,358
62,473
245,831
181,642
63,644
245,286
3
Investments
Total
Total
2022
2021
£
£
-
673
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 12 -
4
Charitable activities
Total
2022
2022
2022
2022
£
£
£
£
Staff costs
70,586
45,335
-
115,921
32,168
9,729
20,167
62,064
150
38
-
188
-
4,727
9,159
13,886
102,904
59,829
29,326
192,059
Share of support costs (see note 5)
7,933
1,062
4,178
13,173
Share of governance costs (see note 5)
6,846
3,544
5,204
15,594
117,683
64,435
38,708
220,826
Analysis by fund
Unrestricted funds - general
117,683
-
38,708
156,391
Restricted funds
-
64,435
-
64,435
117,683
64,435
38,708
220,826
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
4
Charitable activities
(Continued)
- 13 -
Total
2021
2021
2021
2021
£
£
£
£
Staff costs
71,203
42,967
-
114,170
Depreciation and impairment
-
-
-
-
7,338
11,130
7,522
25,990
806
-
-
806
316
-
-
316
79,663
54,097
7,522
141,282
Share of support costs (see note 5)
52,474
1,681
446
54,601
Share of governance costs (see note 5)
2,044
682
8,259
10,985
134,181
56,460
16,227
206,868
Analysis by fund
Unrestricted funds - general
134,181
-
16,227
150,408
Restricted funds
-
56,460
-
56,460
134,181
56,460
16,227
206,868
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 14 -
5
Support costs
Support costs
Governance costs
2022
Support costs
Governance costs
2021
£
£
£
£
£
£
Staff costs
954
-
954
43,106
-
43,106
5,261
-
5,261
3,231
-
3,231
6,957
-
6,958
8,265
-
8,265
Legal and professional
-
12,834
12,834
-
10,672
10,672
Independent Examination Fees
-
2,760
2,760
-
-
-
13,172
15,594
28,767
54,602
10,985
65,587
The support and governance costs are apportioned on a direct basis.
6
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
7
Employees
The average monthly number of employees during the year was:
2022
2021
Number
Number
6
8
Employment costs
2022
2021
£
£
Wages and salaries
104,878
150,149
Social security costs
7,867
3,560
Other pension costs
4,130
3,567
116,875
157,276
There were no employees whose annual remuneration was more than £60,000.
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 15 -
8
Tangible fixed assets
Leasehold improvements
Fixtures and fittings
Computers
Total
£
£
£
£
Cost
At 1 April 2021
6,600
522
19,250
26,372
At 31 March 2022
6,600
522
19,250
26,372
Depreciation and impairment
At 1 April 2021
1,980
282
14,155
16,417
Depreciation charged in the year
990
80
5,095
6,165
At 31 March 2022
2,970
362
19,250
22,582
Carrying amount
At 31 March 2022
3,630
160
-
3,790
At 31 March 2021
4,620
241
5,094
9,955
9
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
230
-
10
Creditors: amounts falling due within one year
2022
2021
£
£
Other taxation and social security
3,400
1,909
Trade creditors
2,344
665
Other creditors
184
145
Accruals and deferred income
11,694
6,152
17,622
8,871
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 16 -
11
Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
Year ended 31 March 2022
Movement in funds
Balance at
1 April 2021
Incoming resources
Resources expended
Balance at
31 March 2022
£
£
£
£
Self Directed Support ( SIRD)
10,418
62,473
(64,435)
8,456
10,418
62,473
(64,435)
8,456
Year ended 31 March 2021
Movement in funds
Balance at
1 April 2020
Incoming resources
Resources expended
Balance at
31 March 2021
£
£
£
£
Self Directed Support ( SIRD)
3,234
63,644
(56,460)
10,418
3,234
63,644
(56,460)
10,418
Self Directed Support (SIRD)
This represents a grant from the Scottish Government via Inspiring Scotland for work related to Self-Directed Support, under the Support in the Right Direction programme.
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 17 -
12
Unrestricted funds
These are unrestricted funds which are material to the charity's activities made up as follows:
Year ended 31 March 2022
Movement in funds
Balance at
1 April 2020
Balance at
31 March 2022
£
£
£
£
£
General Fund
126,859
185,358
(150,226)
-
161,991
Year ended 31 March 2021
Movement in funds
Balance at
1 April 2020
Balance at
31 March 2021
£
£
£
£
£
General Fund
102,907
184,315
(150,408)
-
126,859
13
Designated funds
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
Balance at
1 April 2020
Resources expended
Balance at
1 April 2021
Resources expended
Balance at
31 March 2022
£
£
£
£
£
Designated Fixed Assets
16,181
(6,226)
9,955
(6,165)
3,790
14
Analysis of net assets between funds
Unrestricted funds
Restricted funds
Total
Unrestricted funds
Restricted funds
Total
2022
2022
2022
2021
2021
2021
£
£
£
£
£
£
Fund balances at 31 March are represented by:
Tangible assets
3,790
-
3,790
9,955
-
9,955
Current assets/(liabilities)
161,991
8,456
170,447
126,859
10,418
137,277
165,781
8,456
174,237
136,814
10,418
147,232
DISABLED PERSONS HOUSING SERVICE (FIFE) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 18 -
15
Related party transactions
There were no disclosable related party transactions during the year (2021
- none)
.
2022-03-31
2021-04-01
false
CCH Software
iXBRL Review & Tag 2022.2
SC226571
2021-04-01
2022-03-31
SC226571
2022-03-31
SC226571
2020-04-01
2021-03-31
SC226571
2021-03-31
SC226571
core:LeaseholdImprovements
2021-04-01
2022-03-31
SC226571
core:FurnitureFittings
2021-04-01
2022-03-31
SC226571
core:ComputerEquipment
2021-04-01
2022-03-31
SC226571
bus:FRS102
2021-04-01
2022-03-31
SC226571
bus:IndependentExaminationCharity
2021-04-01
2022-03-31
SC226571
bus:FullAccounts
2021-04-01
2022-03-31
xbrli:pure
xbrli:shares
iso4217:GBP