| AS AT 31 | DECEMBE | R 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||||
| ASSETS AND LIABILITIES | |||||||||
| 1 | 12Cottages, Board Room, Hill |
House | and outbuiktings | ||||||
| at valuation agreed 25/6/16 |
|||||||||
| 2,500,000 | 2,500,000 | ||||||||
| 4.5acres agricultural land at valuation |
agreed 25/6/16 | 20,000 | 20,000 | ||||||
| Investments | |||||||||
| 2 | Endowment- 22,464 M&G Charity |
Mullti Asset Fund | |||||||
| Income Units atcost. Market Value at | 31/12/20 f20,301 | 5,827 | 5,827 | ||||||
| Extraordina Re ir Fund |
|||||||||
| 2,266.808 M&G Charity MuHti Asset Fund Accumulation |
|||||||||
| Units at cost. Market value at 31/12/20 | 8209,715 | 32,850 | 32,850 | ||||||
| C clical M intenance Fund |
|||||||||
| 3 | COIF Deposit Account | 65,595 | 65,423 | ||||||
| ~klo 69TSB8 5 |
|||||||||
| Business Bank Trustee | 73,359 | 50,146 | |||||||
| Balance due from Charles Graham Balance due from Victoria Jubilee Residents' balances Other debtors Other creditors |
Stone | 0 0 1,381 41 0 |
0 0 2,813 77 0 |
||||||
| REPRESENTED BY | 2 699,653 | 2,677,136 | |||||||
| General Fund |
|||||||||
| Balance as at 1 January 2020 Add: Net receipts for the year |
53,036 21,745 |
28,088 24,948 |
|||||||
| 74,781 | 53,036 | ||||||||
| Less: Transfer to Extraordinary | Repair | Fund | |||||||
| Add: Transfer from Extraordinary Repair Fund Less: Transfer to Cyclical Maintenance Fund |
|||||||||
| 74,781 | 53,036 | ||||||||
| Extraordina Re lr Fund |
|||||||||
| Balance as at 1 January 2020 Add: Transfer to General Fund Less: Transfer t~ General Fund |
32,850 0 0 |
32,850 0 0 |
|||||||
| 32,850 | 32,850 | ||||||||
| clical Maintenance Fund |
|||||||||
| Balance as at 1 January 2020 Add: COIF Deposit Account Interest Add: Transfer from General Fund Less: Transfer to General Fund |
65,423 172 0 0 |
65,053 370 0 0 |
|||||||
| 65,595 | 65,423 | ||||||||
| Endowment | |||||||||
| Land and Buildings Revaluation Reserve Investments |
1,370,000 1,150,000 5 827 |
1,370,000 1,150,000 5,827 |
|||||||
| 2,525,827 | 2 525.827 | ||||||||
| 2,699,053 | 2.677.136 | ||||||||
| Mr | P | Norcross: Chairperson | |||||||
| For | and on behalf ofthe Trustees |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Income | ||||||
| Weekly Maintenance | 52,078 | 50,839 | ||||
| Weekly Heating/Hot |
Water | 19,340 | 20,328 | |||
| Weekly Water Rate | 3,187 | 3,225 | ||||
| Rent ofClose | 200 | 200 | ||||
| NAACIF (Endowment) | Interest | 786 | 786 | |||
| Other income | 52 | 127 | ||||
| Total Income | 75,643 | 75,505 | ||||
| Expenditure | ||||||
| Wages-Caretaker | 5,388 | 5,094 | ||||
| Heating Oil |
13,892 | 18,199 | ||||
| Boiler Maintenance | 192 | 466 | ||||
| Electricity | 788 | 646 | ||||
| Insurance | 2,940 | 2,861 | ||||
| Water and Sewerage | 3,064 | 3,233 | ||||
| General Maintenance | and cleaning | 9,967 | 7,645 | |||
| Garden Maintenance | 7,185 | 5,115 | ||||
| Clerks Salary | 5,659 | 5,663 | ||||
| Clerks Expenses | 535 | 382 | ||||
| Professional Fees & |
Subscriptions | 4,213 | 1,034 | |||
| Council Tax | 0 | 0 | ||||
| Sundry Expenses | 75 | 63 | ||||
| Write Offs | 0 | 156 | ||||
| Total Expenditure | 53898 | 5D 557 | ||||
| Net Income for the | Year | 21,745 | 24,948 | |||
| Receipts to COIF Deposit Account | 172 | 370 | ||||
| 21,917 | 25,318 | |||||
| Current Funds at 31 |
December 2019 | 157,136 | 131,818 | |||
| Current Funds at 31 |
December 2020 | 179,053 | 157,136 |