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2023-12-31-accounts

2023 2022
R~ecei ts g
Residents'
Maintenance
Contribution
Bank Deposit Account
Investment
Withdrawals
Newcastle Borough Council Grant
NAACIF Investment
Income
44,674
282
136,131
5,000
6737
46,134
29
7436
Pavements 192,824 53,599
Legal Fees and Stamp Duty
Insurance
Subscriptions
Clerk's Salary k.Expenses
Independent
Examiner's Fees
Heat &Light
Routine Maintenance
Expendiuue
Cyclical Maintenance
Expenditure
Extraordinary
Repairs
Survey Fee
600
1,613
272
8,400
390
475
6,487
4,822
46,966
900
1,206
1,551
251
8,400
360
422
2,834
2,713
Printing
and Postage
Architect's Fees—Quinquennial
Inspection
Sundry Expenses
Bank Charges
54
25
120
94
732
42
120
71 124 18725
121,700 34,874
Less: NAACIF Income Re-invested 6 408 7 132
Excess ofIncome over Ex enditure for the Year I~12

FixedAt
sses
GI
"
R dlG~ddC
I.
P IVi
C d
2023
~Madale Madelex Madetey Total
at costto 1"January 2023
Less Grants
170,867
154349
139,811 81,189 391,867
154349
Net Cost31"December 2023 16,518 139,811 81,189 237,518
Revaluation
ofProperties
943482 10189 43 811 997482
2 1,235,000

Investment
Assets
N.A.A.C.I.F.Units at 1"January 2023
Accumulated
Income Re-invested
100,773
6408
107,181
Proceeds ofSale
Less Profit ofSale
136,131
Total Hold in sat Cost 38,938
The market value ofthe investments
at31"December 2023 was f65,831(2022
8201,001)

R~td d:—
Reserves
Ordinarrr ~Cclical Extra Total
Balance at1"January 2023
Transfers to Reserves
Transfer to Extraordinary
Fund
Expenditure
24,209
(24,209)
60,139
8,000
4 822
Ilrrdiaa
77,149
8,000
24,209
46966
161,497
16,000
51 788
Balance at31"December 2023 7 2 d 125,709

General Fund
Balance atI"January 2023
Add Excess ofIncome
over Expenditure
Adjustment
to Reserves —Net
Accumulated
income Re-invested
Sale ofInvestments
209,404
115,292
35,788
6,408
~84
298,649