| Page | |||
|---|---|---|---|
| Independent | Examtner's | Report | |
| Income and | Expenditure | Account | |
| Balance sheet |
| 2020 | 2019 | ||
|---|---|---|---|
| 8 | |||
| Property rent |
|||
| Rent received 88 Peel Hall Street | 5,100 | 5,100 | |
| Rent received 100Peel Hall Street | 4 800 | 4,800 | |
| Rent received 38 Vance Road | 20,828 | 21,740 | |
| Agent fees | (2,806) | (2,960) | |
| Insurance | (908) | (1,287) | |
| Repairs and maintenance | (3.910) | (1,146) | |
| Letting License | (220) | ||
| 23,104 | 26,027 | ||
| Other income | |||
| Zakat | 365 | 240 | |
| Membership fees |
555 | 450 | |
| Ramadan fund |
495 | 260 | |
| Lillah | 25 | 5 | |
| Sadkah | 35 | 65 | |
| Other | 581 | 494 | |
| 2,056 | 1,514 | ||
| Gross income | 25.160 | 27,541 | |
| Expenses and donations | |||
| Teachers' salanes | 4,012 | 3,989 | |
| Welfare and medical | aid | 1.850 | 2,689 |
| Legal and professional | costs | 120 | 1,709 |
| Coind 19Assistance | 2,000 | ||
| 7.982 | 8,387 | ||
| Net surplus for the year |
17,178 | 19,154 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| 6 | |||||
| Freehold | properties | ||||
| 38Vance Road | 201 869 | 201,869 | |||
| 88 Peel | Hall Street | 6,559 | 6,559 | ||
| 100 Peel | Hall Street | 25,649 | 25,649 | ||
| 234,077 | 234,077 | ||||
| Current | assets | ||||
| Debtors/prepayments/other | current assets | 2.611 | |||
| Cash at | bank and | in hand | 32,414 | 28,228 | |
| 35,025 | 28,228 | ||||
| Current | liabilities | ||||
| Trade creditors/accruals | 83 | ||||
| Loans | 15.151 | 25,449 | |||
| 15,151 | 25,532 | ||||
| 253,951 | 236,773 | ||||
| Represented by |
|||||
| Balance | at start of | period | 236,773 | 217,619 | |
| Net surplus for the |
year | 17,178 | 19,154 | ||
| 253,951 | 236,773 |