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2024-05-31-accounts

PROPERWDISCLOSURE: TheOrganisationownsthefreehotdland andbuildings
situatedinFinkteStreet,Cottinghamand showninthe
a,ccountsat theoriginal costof854,439
The trusteesareoftheopinionthat themarket valueof
such landandbuildingsisconsiderabtyinexcessofits
bookvaluebutdo not feelthatany usefulpurposewould
beservedinhaving,aprofessionalvaluationundeftaken
with theattendantcosts.The buildingi,showevervalued
atf1",491,747for insurance renewalpurposes.
FINANCES: TheCIOhas adequate financialresourcestomeetitsday
todayexpenditureandfollowsthepr:acticeoffinancial
prudence,
RESERVES: TheCIO hasadopteda:policyofcaution towardsits
flnancesand:reserves.Accord:ingly,theydonotusefunds
unnecessarily. Howevercertalnimprovementstothe
buildinghave beencarriedoutintheyearreportedonin
ordertoensurethatitcontinuestobeattractivetopeople
wishingtorent it.Thelevelofreservesismalntainedat
thestated leveltoensurethatfuturemalntenanceand
costscanbeadequ,atelycateredfor,
RISKS; TheCIOisnot,asfarasitisaware,exposedto anyrisks
otherthan those which are covered by insurance.
ACCOUNTS Theaccountscomplywithstatutoryrequirements,the
governing docurnent andtheSORP(SORP27i.

BALANCE5HEETA5AT3TSt BALANCE5HEETA5AT3TSt ?024
'iAAY
Ea 2024 fl z0z3 g
EmploymentofCcPital
FixedAssets-AsonlstJune2023
FreeholdLondqnd Buildings
54,439 54,439
FixturasondFittings
Less: DePrecictiotl
?,L45
A15
I,930 ?,3;84
2-39
2,145
-6.8s4
56,369
CurrentAssets
HSBCBankPlc
YorkshireBuilding SocietY
BzvzrleyBui ldin9SocietY
808
42,115
51,764
94,683
3.341
5I.6r5
51,090
106,046
Net CurrentAssets 94,683 106,046
151,052 ffi
-lF-
CopitolEmPloYed
AccumulqtedFund
As onlstJune2023
DeficitforthisPeriod
\6e,fio
(11,578)
t51,o5a 163,189

(5?e)
t62,634
L1t,O52 ffi30
C.A. TichiosF.C.A.
HonororyTressurer
22The Wolds
Cottinghom
HU165LF
gg€ pz4 2423
(8Monfhs)0
RentsReceived
R.V,S,-Office I.050 1,050
BridgeClub 3.890 2,fio
CottinghomLiftleTheofre {509, 3,?16
Darrce Closses 5,588 4,W2
U3A 5;744 s,551
Embroidery 2,310 t,o7Q
RV5 4A55 2,894
SlimmingClubs 2479 \:t5?
Covid Voccinotions 3.900 3,900
Sundries 11,58,+ 45,509 LLl49 35,474
InterestFsceivad(6ross)
YorkshireBuildingSociety t,499 813
Beverley BuildittgSociety 671 2,ffo t69 982
47,679 -E7il.
Premises
Cleaning/Cwetaking Costs(incllticfericls) 29,98? 17.954
Rapalrs andRenewsls 5.012 3.565
SmollHqllProjector 5.634
ToiletsLightSensors
Soundsysten
-'i-rro :::
FoodMixer r,980
Woter 836 t2t3
Elecfricity 3,A7 2,299
6*s 6,361 53,652 .1e00 33p53
Finoncial ondAdministrqtion
fnsuronce I
,560
Prinfing oildStolion€ry 261 ;;;
Accounfoncy 175 409
ProfessionqlFeas -165 1,066
BonkChcrges 106 68
Subscription 50
WifiCosfs 5?8 490
lAusic Licence 851 1,148
Sundries 74 5,390 3?9 37?3
DepneciafionofFirtur€sandFittirqs n5 239
DeficitforthePeriod (11,578) (55e)
47,679 E*-{5r