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2024-03-31-accounts

Page
GeneralInformation 1.
Statement ofTrustees' Responsibilities andCurrent Activities 1
AccountantsReport 3.
IncomeandExpenditure Account 4.
BalanceSheet 5.

FortheYea r to31stM arch2024
Actual Mar-23
INCOME T f
Maintenance Income t07,022 101,423
Laundry Income 1,021 978
Dividend Income 4,020 6,151
SolarPanellncorre 5,899 5,751
InterestIncorrp 2t9
TotalIncome f,l18,187 [114,304
EXPENDITIIRE
Loan Interest 9,695 11,778
WaterRates 3,705 3,423
Electricity r,357 1,160
Gas Service&Supply 8,273 8,602
Gardening 5,688 6,310
Maintenance 22,921 25,499
AlarmMaintenance 1,350 1,590
NAASub 447 z3)
Surdries 135 240
Admin 19,907 17,569
Post&Stat 7l 111
Telephone 0 0
GenAdmin 1,050 298
Irsurance 4,341 3,685
Accountancy 840 840
Donations 0 268
LegalIProfessional 0 0
Appliance Rental 1,944 1,944
Properly Depreciation 16,000 16,000
OfficeEqurpnpntDep'n 220 291
BankCharges 185 19i
TotalE>pendihne 98,088 99962
SurplusforPeriod s 20,099f,
14,342

BalanceSheet - 31st March 2 024
il4ar-23
FD(EDASSETS T L f
Freehold Properties 134,145 134,145
Property Irrprovements i88.-582 188,582
ChurchHillExtension 68,952 68,952
TryfordRenovation 252.399 252,399
Richard BiggAlmshouses s69.316 569,3I6
I,273,394 1,2I3,394
Less:Depreciation (145,818) (129,818)
7,067 .5J5 1,083,575
Less: SocialHousing Grant (389,048) (389,048)
678,527 694,527
Equipment 41,898 11,898
Less:Depreciation (41,250) (41,030)
647 867
Investrrents (Re-valuedat31stMarch2024) 149.021 239,881
Total FixedAssets 828,202 935,279
CT]RRENTASSETS
Unity Bank 1,4,644 L2,346
Unity BankSavingsAccourt 20,219
Total Current Assets 34,863 12,346
CI]RRENTLIABILITIES
Accruals 1.396 3,090
HorsingLoans repayablewithin1year I 1.682 14.276
TotalCunentLiabilities 13.078 I7,366
NetCwrentAssets 21,784 (5,020)
TOTALNETASSETS: f,
849,986f
930,259
Crrcditor,rs-OverOneYear&Provisions
HousingLoars-Over1Year 21,426 21,709
Almshouse Ass.Loan 40,000 50,000
ChariryBankMortgage 53,291 152,523
ll4,718 224,233
CAPITAL&RESERVES
AirnshousesCapitalFurd 14q.027 239,884
ReservesB/F 566.112 451,800
Surpl"s/(Loss)forYear 20,09e 14,342
TotalCapital&Reserves 735,269 706,026
f,
849,986f,
930,,259