| S | T | A | T | EMENT OF AS AT 31 |
ASSETSAND DECEMBER |
I IABILITI 2021 |
ES | ||
|---|---|---|---|---|---|---|---|---|---|
| 2020 | |||||||||
| ASSETSAND LfABIUTfES | |||||||||
| 1 | 12Cottages, Board Room, | Hill House | and outbuildings | ||||||
| at va!uation agreed 25/6/16 | |||||||||
| 2„500,000 | 2,500,00Q | ||||||||
| 4.5acres agricultural land |
at valuation | agreed 25/6/16 | 20,000 | 20,000 | |||||
| investments | |||||||||
| 2 | Endowment- 22,464 MKG |
Charity | Mullti Asset Fund | ||||||
| Income Units atcost. Market Value at I |
31/12/21 620,476 | 5,827 | 5,827 | ||||||
| Extraordina Re air Fund |
|||||||||
| 2,266.808 M/tG Charity Mullti Asset |
Fund Accumulation | ||||||||
| Units at cost. Market value | at 31/12/21 | F237,343 | 32,S50 | 32,850 | |||||
| C ciical Mainte nce Fund |
|||||||||
| 3 | COlF Deposit Account | 65,603 | 65,595 | ||||||
| Business Bank Trustee | 39,253 | ||||||||
| Balance due from Charles | Graham | Stone | 829 | 0 | |||||
| Balance due from Victoria Jubiiee Residents' balances Other debtors |
2,649 2,484 8,800 |
0 1,381 41 |
|||||||
| Other creditors | 0 | 0 | |||||||
| 2,678,295 | 2,699,053 | ||||||||
| REPRESENTED BY | |||||||||
| General Fund | |||||||||
| Balance as at 1 January 2021 Add: Net receipts forthe year |
74,?8'l ~20.766 |
53,036 21,745 |
|||||||
| 54,Q15 | 74,781 | ||||||||
| Less: Transfer to Extraordinary | Repair | Fund | |||||||
| Add: Transfer from Extraordinary |
Repair Fund | ||||||||
| Less: Transfer to Cyclical | Maintenance | Fund | |||||||
| ?4,781 | |||||||||
| Extraordina Re air Fund |
|||||||||
| Balance asat 1 January 2021 Add: Transfer to General Fund |
32,850 0 |
32,850 | |||||||
| Less: Transfer to General | Fund | 0 | 0 | ||||||
| 32,S50 | 32,850 | ||||||||
| clical Maintenance Fund |
|||||||||
| Balance as at 1January 2021 | 65,595 | 65,423 | |||||||
| Add: COIF Deposit Account interest |
8 | 172 | |||||||
| Add: Transfer from Generai Fund |
0 | 0 | |||||||
| Less: Transfer to General | Fund | 0 | 0 | ||||||
| 65,603 | 65,595 | ||||||||
| ~End wm nt |
|||||||||
| Land and Buildings | 1,370,000 | 1,370,000 | |||||||
| Revaluation Reserve |
1,150,000 | 1,150,000 | |||||||
| investments | 5,827 | 5,827 | |||||||
| 2,525,827 | 2,525,827 | ||||||||
| 2,678,295 | 2,699,053 | ||||||||
| Mr | PNorcross: Chairperson | ||||||||
| For | and on behalf ofthe Trustees |
| 2020 | ||||||
|---|---|---|---|---|---|---|
| Income | ||||||
| Weekly Maintenance | 56,032 | 52,0?8 | ||||
| Weekly HeatingiHot | Water | 17,169 | 19,340 | |||
| Weekly Water Rate | 3,Q35 | 3,187 | ||||
| Rent ofCiose | 200 | 200 | ||||
| NAACIF (Endowment) | Interest | 741 | 786 | |||
| Other income | 36 | 52 | ||||
| Totat Income | 77,213 | ?6,643 | ||||
| Expenditure | ||||||
| Wages-Caretaker | 5,371 | 5,388 | ||||
| Heating Oil |
13,946 | 13,892 | ||||
| Electricity | 864 | 788 | ||||
| Insurance | 3,027 | 2,940 | ||||
| Water and Sewerage | 3,159 | 3,Q64 | ||||
| General Maintenance | and cleaning | 3,875 | 3,664 | |||
| Major Repairs | 48,920 | 6,495 | ||||
| Clerks Salary | 8,191 | 5,659 | ||||
| Clerks Expenses | 591 | 535 | ||||
| Professional Fees 8 Trustee Fees |
Subscriptions | 4,218 75 |
4,213 0 |
|||
| Garden Maintenance | 4,732 | 7,185 | ||||
| Sundry | 1,010 | 75 | ||||
| Total Expenditure | 97,979 | |||||
| Net Income for the Year | (20,788) | 21,746 | ||||
| Receipts | to COIF Deposit Account | |||||
| (20,768) | 21,917 | |||||
| Current Funds at 31 | December 2020 | 179,053 | 157,138 | |||
| Current Funds at 31 | December 2021 | 158,296 | 179,053 |