| Contents | Page | ||
|---|---|---|---|
| Independent | Auditor's | Report | |
| Statement | of Financial | Activities | |
| Balance Sheet | |||
| Statement | of Cash Flows | ||
| Notes to the Financial | Statements |
| Note | General | Designated | Restricted | TOTAL | FUNDS | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||||
| 6 | ||||||||
| INCOME FROM: | ||||||||
| Donations and legacies Activities for generating funds |
2(a) 2(b) |
273,132 85,560 |
129,374 | 1,308 56,735 |
274,440 271,669 |
363,509 253,410 |
||
| Investments | 2(c) | 12,425 | 1,100 | 604 | 14,129 | 11,274 | ||
| Church activities | 2(d) | 1,396 | 1,396 | 3,296 | ||||
| Total | 372,513 | 130,474 | 58,647 | 561,634 | 631,489 | |||
| EXPENDITURE ON: | ||||||||
| Raising funds Church activities |
3(a) 3(b) |
12,888 392,081 |
96,442 | 62,699 1,308 |
75,587 489,831 |
74,035 524,915 |
||
| Total | 404,969 | 96,442 | 64,007 | 565,418 | 598,950 | |||
| Net income (expenditure) | (32,456) | 34,032 | (5,360) | (3,784) | 32,539 | |||
| Transfers between funds |
24,500 | 11,854) | 11,854 | 24,500 | 25,700 | |||
| Net income before investment | gains | (7,956) | 22,178 | 6,494 | 20,716 | 58,239 | ||
| Gains/losses on investment |
funds | 7(a) | (2,015) | (5,410) | (7,425) | |||
| Gains/(losses) on revaluation of for the charitys own use Net gains/(losses) on investment |
fixed assets properties |
6(b) 6(b) |
(60,000) 3,750 |
(60,000) 3,750 |
35,000 17,500 |
|||
| Net movement in funds |
(64,206) | 20,163 | 1,084 | (42,959) | 110,739 | |||
| Reconciliation offunds | ||||||||
| Total funds brought forward | 3,108,198 | 157,603 | 383,757 | 3,649,558 | 3,538,819 | |||
| Total funds carried forward | 3,043,992 | 177,766 | 384,841 | 3,606,599 | 3,649,558 |
| General | Designated | TOTAL | FUNDS | |||
|---|---|---|---|---|---|---|
| Funds E |
Funds E |
Funds f |
2022 f |
2021 f |
||
| FIXEDASSEIS Tangible assms Residential property for church use Invesbnent properiies Toad ared assets |
8(a) 6(b) 6(b) |
1,200,477 1,225,000 461250 2,888,727 |
1200477 1,225,000 461250 2886727 |
1241309 1,285,000 4575(N 983,809 |
||
| CURRENT ASSETS | ||||||
| Investment funds Debtors Cash at bank and in hand Total cunent assets |
7(a) 7(b) |
18,366 152272 170638 |
92,985 11,185 73,996 178 166 |
249,590 135251 384.841 |
342575 29,551 361519 733645 |
27,878 849991 677,867 |
| LIASILmES | ||||||
| Creditors. amounts falling due within one year |
8 | 13,373 | 400 | 13,773 | 12,118 | |
| 157265 | 177766 | 384841 | 719872 | 749 | ||
| TOTAL NET ASSETS | 3,043,992 | 177,766 | 384,841 | 3,606,599 | 3,S49,558 | |
| PARISH FUNDS Unresbided funds |
9 | 3,043,992 | 3,043,992 | 3,10819S | ||
| Designated funds Resbicted funds |
9 9 |
177,766 | 384,841 | 177,766 384,841 |
157,S03 383,757 |
|
| Torsi funds | 3,043992 | 177,766 | 384841 | 3606.599 | 649558 |
| 2022 | 8 | 2021 | f | ||
|---|---|---|---|---|---|
| Net cash from/(used in) operating activities* |
39,974 | 71,275 | |||
| Cash flows from investing activities |
|||||
| Purchase oftangible fixed assets | |||||
| Interest and rent from investments | 14,129 | 11,274 | |||
| Net cash provided by/(used in) investing activities |
14,129 | 11,274 | |||
| Change in cash and cash equivalents |
in the | 54,103 | 82,549 | ||
| reporting period Cash and cash equivalents at 1January Cash and cash equivalents at 31December |
649,991 ~I%093 |
567,442 | |||
| Reconciliation ofnet income/(expenditure) |
|||||
| before investment gains Net income before investment gains |
31 December | 20,716 | 58,239 | ||
| Adjustments for: |
|||||
| Depreciation charges |
40,832 | 40,832 | |||
| Interest and rent from investments | (14,129) | (11,274) | |||
| Decrease/(increase) in debtors (Decrease)/increase in creditors |
(1,675) 1,655 |
(9,529) (6,993) |
|||
| Gains/(losses) on investment funds |
(7,425) | ||||
| *Net cash from/(used in) operating activities |
39,974 | 71,275 | |||
| Analysis ofcash and cash equivalents Bank current accounts |
159,051 | 171,417 | |||
| Short term deposits | 202,468 | 478,574 | |||
| Investment funds |
342,575 | ||||
| 704,094 | 649,991 |
| For 2. |
the year ending 31 INCOME FROM; |
Decem | ber 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | TOTAL | FUNDS | ||||
| Funds 6 |
Funds 6 |
Funds 6 |
2022 | 2021 f |
||||
| 2(a) | Donations and legacies |
|||||||
| Grants | ||||||||
| LPOW (VAT refund on | building | works) | 853 | 853 | 1,222 | |||
| Battersea Synod grant | 230 | 230 | ||||||
| Diocese energy grant Job Retention Scheme |
1,400 | 1,400 | 3,196 | |||||
| sub-total | 2,483 | 2,483 | 4,418 | |||||
| Voluntary giving Stewardship &envelopes Loose cash |
191,475 11,569 |
191,475 11,569 |
188,812 7,569 |
|||||
| Tax refund | 42,547 | 42,547 | 42,676 | |||||
| Donations, appeals etc. Legacies |
sub-total | 25,058 270,649 |
1,308 1,308 |
26,366 271,957 |
26,392 95,642 359.091 |
|||
| Total | 273,132 | 1,308 | 274,440 | 363,509 | ||||
| 2(b) | Activities for generating Christmas market |
funds | 14,345 | 14,345 | 17,896 | |||
| Church & hall lettings |
37,579 | 129,374 | 166,953 | 142957 | ||||
| Antenna rent &cost of |
electricity | 29,686 | 29,686 | 26,487 | ||||
| Church musical 5 social activities |
3,950 | 56,735 | 60,685 | 66070 | ||||
| Total | 85,560 | 129,374 | 56,735 | 271,669 | 253,410 | |||
| 2(c) | Investments | |||||||
| Property lettings |
10,064 | 10,064 | 10,964 | |||||
| Interest | 2,361 | 1,100 | 604 | 4,065 | 310 | |||
| Total | 12,425 | 1,100 | 604 | 14,129 | 11.274 | |||
| 2(d) | Church activities Parochial fees received |
1,396 | 1,396 | 3296 | ||||
| Total | 1,396 | 1,396 | 3296 | |||||
| Total | 372513 | 130474 | 58&647 | 561634 | 631489 |
| For 3. |
the year ending 31 December 2022 EXPENDITURE ON: |
||||||
|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | TOTAL | FUNDS | |||
| Funds f |
Funds f |
Funds f |
2022 f |
2021 f |
|||
| 3(a) | Raising funds Publicity and printing Christmas market |
3,290 3,569 |
3,290 3,569 |
4,315 9,159 |
|||
| Church musical 8 social activities |
6,029 | 62 699 | 68728 | 60561 | |||
| Total | 12,888 | 62,699 | 75,587 | 74,035 | |||
| 3(b) | Church activities | ||||||
| Missionary &charitable giving Mission and outreach |
18,800 | 18,800 | 18,800 | ||||
| Special collections | 1,308 | 1,308 | 2909 | ||||
| sub-total | 18.800 | 1,308 | 20 108 | 21,709 | |||
| Ministry Diocesan parish support fund |
163,000 | 163,000 | 188,000 | ||||
| Clergy costs Other staff costs |
39,942 2,440 |
39,942 2,440 |
40,429 13,446 |
||||
| Parochial fees paid to diocese | 218 | 218 | 1,181 | ||||
| Nightshelter costs Other expenses incl petty cash sub-total |
1,008 3,525 210,133 |
1,008 3,525 210,133 |
1,260 3384 247 700 |
||||
| Church expenses Repairs &maintenance Insurance |
9,363 7,690 |
9,363 7,690 |
15,380 T,450 |
||||
| Utilities incl antenna electricity |
20,643 | 20,643 | 20,123 | ||||
| Cost ofservices incl music |
16,131 | 16,131 | 15,18T | ||||
| Sound system installation |
2,192 | ||||||
| Sound system depreciation | 12,500 | 12,500 | 12500 | ||||
| sub-total | 66327 | 66,327 | 72,832 | ||||
| Community Hall expenses Hall improvements &major works |
1,352 | ||||||
| Insurance | 1,799 | 1,799 | 1,694 | ||||
| Running expenses incl utilities |
66,326 | 66,326 | 50,005 | ||||
| External railings renewal |
5,714 | ||||||
| Depreciation | 28,332 | 28,332 | 28332 | ||||
| sub-total | 28332 | 68 | 125 | 96,457 | 87,097 | ||
| Property expenses Repairs & maintenance Utilities &council tax |
8,944 2,476 |
8,944 2,476 |
11,437 2,396 |
||||
| Insurance | 2,420 | 2,420 | 1,575 | ||||
| Depreciation on 30 Canford Road |
24,500 | 24,500 | 25700 | ||||
| sub-total | 38,340 | 38,340 | 41 108 | ||||
| Administration | |||||||
| Salaries &wages (office) Telephone, postage, website etc. Professional fees |
16,748 3,305 9,251 |
26,672 1,561 |
43,420 4,866 9,251 |
41,105 4,275 8,239 |
|||
| Bank charges sub-total |
845 30,149 |
84 28,317 |
929 58,466 |
850 54,469 |
|||
| Total | 392,081 | 96,442 | 1,308 | 489,831 | 524,915 | ||
| Total | 404.969 | 96,442 | 64,007 | 565,418 | 598,950 |
| 6. | FIXEDASSE | FIXEDASSE | TS | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 6(a) | TANGIBLE | All Unrestricted | Freehold | land 8 | Equipment | Total | |||
| buildings | |||||||||
| f | 6 | ||||||||
| Actual/Deemed | Cost | Balance brought forward | 275,000 | 275,000 | |||||
| Land around Community |
Hall | ||||||||
| Balance brought forward | 1,416,620 | 7,906 | 1,424,526 | ||||||
| Community Hall |
|||||||||
| Balance brought forward | 50,000 | 50,000 | |||||||
| Sound system | |||||||||
| Balance carried forward | 1,691,620 | 57,906 | 1,749,526 | ||||||
| Depreciation | Balance brought forward Depreciation charge for year |
2% 475,312 28,332 |
32,905 | 508,217 28,332 |
|||||
| on Community Hall |
|||||||||
| Depreciation charge for year |
25% | 12,500 | 12,500 | ||||||
| on sound system | |||||||||
| Balance carried forward | 503,644 | 45,405 | 549,049 | ||||||
| Net book value | |||||||||
| At 1 January 2022 | 1,216,308 | 25,001 | 1,241,309 | ||||||
| At 31 December 2022 | 1,187,976 | 12,501 | 1,200,477 | ||||||
| 6(b) | RESIDENTIAL | PROPERTIES All Unrestricted |
2022 | 2021f | |||||
| Residential | property for church use | ||||||||
| 30Canford | Road - house for associate priest | ||||||||
| Revalued | amount | Balance brought forward | 1,285,000 | 1,250,000 | |||||
| Revaluation | 60,000 | 35,000 | |||||||
| Balance carried forward | 1,225,000 | 1,285,000 | |||||||
| Depreciation | Balance brought forward Depreciation charge for year |
2% | 24,500 | 25,700 | |||||
| on 30 Canford Road for full year | |||||||||
| Elimination on revaluation |
24,500 | 25,700 | |||||||
| Balance carried forward | |||||||||
| Net book value | |||||||||
| At 1 January 2022 At 31 December 2022 |
1,285,000 1,225,000 |
1,250,000 1,285,000 |
|||||||
| Investment properties 5a Wroughton Road - tenanted flat |
Total | 461,250 461,250 |
457,500 457,500 |
||||||
| Reconciliation | to brought forward: Balance brought forward Net gain/(loss) from fair value |
adjustments | 457,500 3,750 |
440,000 17,500 |
|||||
| Additions / disposals |
461,250 | 457500 |
| Contents | Page | ||
|---|---|---|---|
| Independent | Auditor's | Report | |
| Statement | of Financial | Activities | |
| Balance Sheet | |||
| Statement | of Cash Flows | ||
| Notes to the Financial | Statements |
| Note | General | Designated | Restricted | TOTAL | FUNDS | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||||
| 6 | ||||||||
| INCOME FROM: | ||||||||
| Donations and legacies Activities for generating funds |
2(a) 2(b) |
273,132 85,560 |
129,374 | 1,308 56,735 |
274,440 271,669 |
363,509 253,410 |
||
| Investments | 2(c) | 12,425 | 1,100 | 604 | 14,129 | 11,274 | ||
| Church activities | 2(d) | 1,396 | 1,396 | 3,296 | ||||
| Total | 372,513 | 130,474 | 58,647 | 561,634 | 631,489 | |||
| EXPENDITURE ON: | ||||||||
| Raising funds Church activities |
3(a) 3(b) |
12,888 392,081 |
96,442 | 62,699 1,308 |
75,587 489,831 |
74,035 524,915 |
||
| Total | 404,969 | 96,442 | 64,007 | 565,418 | 598,950 | |||
| Net income (expenditure) | (32,456) | 34,032 | (5,360) | (3,784) | 32,539 | |||
| Transfers between funds |
24,500 | 11,854) | 11,854 | 24,500 | 25,700 | |||
| Net income before investment | gains | (7,956) | 22,178 | 6,494 | 20,716 | 58,239 | ||
| Gains/losses on investment |
funds | 7(a) | (2,015) | (5,410) | (7,425) | |||
| Gains/(losses) on revaluation of for the charitys own use Net gains/(losses) on investment |
fixed assets properties |
6(b) 6(b) |
(60,000) 3,750 |
(60,000) 3,750 |
35,000 17,500 |
|||
| Net movement in funds |
(64,206) | 20,163 | 1,084 | (42,959) | 110,739 | |||
| Reconciliation offunds | ||||||||
| Total funds brought forward | 3,108,198 | 157,603 | 383,757 | 3,649,558 | 3,538,819 | |||
| Total funds carried forward | 3,043,992 | 177,766 | 384,841 | 3,606,599 | 3,649,558 |
| General | Designated | TOTAL | FUNDS | |||
|---|---|---|---|---|---|---|
| Funds E |
Funds E |
Funds f |
2022 f |
2021 f |
||
| FIXEDASSEIS Tangible assms Residential property for church use Invesbnent properiies Toad ared assets |
8(a) 6(b) 6(b) |
1,200,477 1,225,000 461250 2,888,727 |
1200477 1,225,000 461250 2886727 |
1241309 1,285,000 4575(N 983,809 |
||
| CURRENT ASSETS | ||||||
| Investment funds Debtors Cash at bank and in hand Total cunent assets |
7(a) 7(b) |
18,366 152272 170638 |
92,985 11,185 73,996 178 166 |
249,590 135251 384.841 |
342575 29,551 361519 733645 |
27,878 849991 677,867 |
| LIASILmES | ||||||
| Creditors. amounts falling due within one year |
8 | 13,373 | 400 | 13,773 | 12,118 | |
| 157265 | 177766 | 384841 | 719872 | 749 | ||
| TOTAL NET ASSETS | 3,043,992 | 177,766 | 384,841 | 3,606,599 | 3,S49,558 | |
| PARISH FUNDS Unresbided funds |
9 | 3,043,992 | 3,043,992 | 3,10819S | ||
| Designated funds Resbicted funds |
9 9 |
177,766 | 384,841 | 177,766 384,841 |
157,S03 383,757 |
|
| Torsi funds | 3,043992 | 177,766 | 384841 | 3606.599 | 649558 |
| 2022 | 8 | 2021 | f | ||
|---|---|---|---|---|---|
| Net cash from/(used in) operating activities* |
39,974 | 71,275 | |||
| Cash flows from investing activities |
|||||
| Purchase oftangible fixed assets | |||||
| Interest and rent from investments | 14,129 | 11,274 | |||
| Net cash provided by/(used in) investing activities |
14,129 | 11,274 | |||
| Change in cash and cash equivalents |
in the | 54,103 | 82,549 | ||
| reporting period Cash and cash equivalents at 1January Cash and cash equivalents at 31December |
649,991 ~I%093 |
567,442 | |||
| Reconciliation ofnet income/(expenditure) |
|||||
| before investment gains Net income before investment gains |
31 December | 20,716 | 58,239 | ||
| Adjustments for: |
|||||
| Depreciation charges |
40,832 | 40,832 | |||
| Interest and rent from investments | (14,129) | (11,274) | |||
| Decrease/(increase) in debtors (Decrease)/increase in creditors |
(1,675) 1,655 |
(9,529) (6,993) |
|||
| Gains/(losses) on investment funds |
(7,425) | ||||
| *Net cash from/(used in) operating activities |
39,974 | 71,275 | |||
| Analysis ofcash and cash equivalents Bank current accounts |
159,051 | 171,417 | |||
| Short term deposits | 202,468 | 478,574 | |||
| Investment funds |
342,575 | ||||
| 704,094 | 649,991 |
| For 2. |
the year ending 31 INCOME FROM; |
Decem | ber 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | TOTAL | FUNDS | ||||
| Funds 6 |
Funds 6 |
Funds 6 |
2022 | 2021 f |
||||
| 2(a) | Donations and legacies |
|||||||
| Grants | ||||||||
| LPOW (VAT refund on | building | works) | 853 | 853 | 1,222 | |||
| Battersea Synod grant | 230 | 230 | ||||||
| Diocese energy grant Job Retention Scheme |
1,400 | 1,400 | 3,196 | |||||
| sub-total | 2,483 | 2,483 | 4,418 | |||||
| Voluntary giving Stewardship &envelopes Loose cash |
191,475 11,569 |
191,475 11,569 |
188,812 7,569 |
|||||
| Tax refund | 42,547 | 42,547 | 42,676 | |||||
| Donations, appeals etc. Legacies |
sub-total | 25,058 270,649 |
1,308 1,308 |
26,366 271,957 |
26,392 95,642 359.091 |
|||
| Total | 273,132 | 1,308 | 274,440 | 363,509 | ||||
| 2(b) | Activities for generating Christmas market |
funds | 14,345 | 14,345 | 17,896 | |||
| Church & hall lettings |
37,579 | 129,374 | 166,953 | 142957 | ||||
| Antenna rent &cost of |
electricity | 29,686 | 29,686 | 26,487 | ||||
| Church musical 5 social activities |
3,950 | 56,735 | 60,685 | 66070 | ||||
| Total | 85,560 | 129,374 | 56,735 | 271,669 | 253,410 | |||
| 2(c) | Investments | |||||||
| Property lettings |
10,064 | 10,064 | 10,964 | |||||
| Interest | 2,361 | 1,100 | 604 | 4,065 | 310 | |||
| Total | 12,425 | 1,100 | 604 | 14,129 | 11.274 | |||
| 2(d) | Church activities Parochial fees received |
1,396 | 1,396 | 3296 | ||||
| Total | 1,396 | 1,396 | 3296 | |||||
| Total | 372513 | 130474 | 58&647 | 561634 | 631489 |
| For 3. |
the year ending 31 December 2022 EXPENDITURE ON: |
||||||
|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | TOTAL | FUNDS | |||
| Funds f |
Funds f |
Funds f |
2022 f |
2021 f |
|||
| 3(a) | Raising funds Publicity and printing Christmas market |
3,290 3,569 |
3,290 3,569 |
4,315 9,159 |
|||
| Church musical 8 social activities |
6,029 | 62 699 | 68728 | 60561 | |||
| Total | 12,888 | 62,699 | 75,587 | 74,035 | |||
| 3(b) | Church activities | ||||||
| Missionary &charitable giving Mission and outreach |
18,800 | 18,800 | 18,800 | ||||
| Special collections | 1,308 | 1,308 | 2909 | ||||
| sub-total | 18.800 | 1,308 | 20 108 | 21,709 | |||
| Ministry Diocesan parish support fund |
163,000 | 163,000 | 188,000 | ||||
| Clergy costs Other staff costs |
39,942 2,440 |
39,942 2,440 |
40,429 13,446 |
||||
| Parochial fees paid to diocese | 218 | 218 | 1,181 | ||||
| Nightshelter costs Other expenses incl petty cash sub-total |
1,008 3,525 210,133 |
1,008 3,525 210,133 |
1,260 3384 247 700 |
||||
| Church expenses Repairs &maintenance Insurance |
9,363 7,690 |
9,363 7,690 |
15,380 T,450 |
||||
| Utilities incl antenna electricity |
20,643 | 20,643 | 20,123 | ||||
| Cost ofservices incl music |
16,131 | 16,131 | 15,18T | ||||
| Sound system installation |
2,192 | ||||||
| Sound system depreciation | 12,500 | 12,500 | 12500 | ||||
| sub-total | 66327 | 66,327 | 72,832 | ||||
| Community Hall expenses Hall improvements &major works |
1,352 | ||||||
| Insurance | 1,799 | 1,799 | 1,694 | ||||
| Running expenses incl utilities |
66,326 | 66,326 | 50,005 | ||||
| External railings renewal |
5,714 | ||||||
| Depreciation | 28,332 | 28,332 | 28332 | ||||
| sub-total | 28332 | 68 | 125 | 96,457 | 87,097 | ||
| Property expenses Repairs & maintenance Utilities &council tax |
8,944 2,476 |
8,944 2,476 |
11,437 2,396 |
||||
| Insurance | 2,420 | 2,420 | 1,575 | ||||
| Depreciation on 30 Canford Road |
24,500 | 24,500 | 25700 | ||||
| sub-total | 38,340 | 38,340 | 41 108 | ||||
| Administration | |||||||
| Salaries &wages (office) Telephone, postage, website etc. Professional fees |
16,748 3,305 9,251 |
26,672 1,561 |
43,420 4,866 9,251 |
41,105 4,275 8,239 |
|||
| Bank charges sub-total |
845 30,149 |
84 28,317 |
929 58,466 |
850 54,469 |
|||
| Total | 392,081 | 96,442 | 1,308 | 489,831 | 524,915 | ||
| Total | 404.969 | 96,442 | 64,007 | 565,418 | 598,950 |
| 6. | FIXEDASSE | FIXEDASSE | TS | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 6(a) | TANGIBLE | All Unrestricted | Freehold | land 8 | Equipment | Total | |||
| buildings | |||||||||
| f | 6 | ||||||||
| Actual/Deemed | Cost | Balance brought forward | 275,000 | 275,000 | |||||
| Land around Community |
Hall | ||||||||
| Balance brought forward | 1,416,620 | 7,906 | 1,424,526 | ||||||
| Community Hall |
|||||||||
| Balance brought forward | 50,000 | 50,000 | |||||||
| Sound system | |||||||||
| Balance carried forward | 1,691,620 | 57,906 | 1,749,526 | ||||||
| Depreciation | Balance brought forward Depreciation charge for year |
2% 475,312 28,332 |
32,905 | 508,217 28,332 |
|||||
| on Community Hall |
|||||||||
| Depreciation charge for year |
25% | 12,500 | 12,500 | ||||||
| on sound system | |||||||||
| Balance carried forward | 503,644 | 45,405 | 549,049 | ||||||
| Net book value | |||||||||
| At 1 January 2022 | 1,216,308 | 25,001 | 1,241,309 | ||||||
| At 31 December 2022 | 1,187,976 | 12,501 | 1,200,477 | ||||||
| 6(b) | RESIDENTIAL | PROPERTIES All Unrestricted |
2022 | 2021f | |||||
| Residential | property for church use | ||||||||
| 30Canford | Road - house for associate priest | ||||||||
| Revalued | amount | Balance brought forward | 1,285,000 | 1,250,000 | |||||
| Revaluation | 60,000 | 35,000 | |||||||
| Balance carried forward | 1,225,000 | 1,285,000 | |||||||
| Depreciation | Balance brought forward Depreciation charge for year |
2% | 24,500 | 25,700 | |||||
| on 30 Canford Road for full year | |||||||||
| Elimination on revaluation |
24,500 | 25,700 | |||||||
| Balance carried forward | |||||||||
| Net book value | |||||||||
| At 1 January 2022 At 31 December 2022 |
1,285,000 1,225,000 |
1,250,000 1,285,000 |
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| Investment properties 5a Wroughton Road - tenanted flat |
Total | 461,250 461,250 |
457,500 457,500 |
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| Reconciliation | to brought forward: Balance brought forward Net gain/(loss) from fair value |
adjustments | 457,500 3,750 |
440,000 17,500 |
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| Additions / disposals |
461,250 | 457500 |