Arhag Annual Report 2019/2020

Statement of comprehensive income for the year ended 31 March 2020 Notes 2020 (£'000) 2019 (£'000) Turnover 2 6,675 6,687 Operating costs 2 (5,223) (5,569) Other income 2 221 26 Other operating items 2 (51) - Surplus on disposal of housing properties 2+7 500 1,731 Deficit on sale of fixed assets 2+7 (37) - Operating surplus 2,085 2,875 Interest receivable 5 4 5 Interest payable 5 (1,303) (931) Surplus on ordinary activities before tax 4 786 1,949 Tax on surplus of ordinary activities - - - Total comprehensive income for the year - 786 1,949 All of the activities (except the work relating to the Tampon Tax Fund shown in other operating items) of the Association are classed as continuing. Notes 1-23 form part of these Financial Statements. Other income in 2019/20 relates to the income received from partners for accommodation and other services provided by Arhag. Statement of changes in equity for the year ended 31 March 2020 Share capital (£’000) Reserve reserves (£’000) Total capital and reserves (£’000) At 1 April 2019 - 19,117 19,117 Surplus from statement of comprehensive income - 786 786 At 31 March 2020 - 19,903 19,903 At 1 April 2018 - 17,168 17,168 Surplus from statement of comprehensive income - 1,949 1,949 At 31 March 2019 - 19,117 19,117 Annual Report 2019-2020 35