| Receipts and payments | Receipts and payments | for the | for the | financal year ended 31stDecember 2020 | financal year ended 31stDecember 2020 | |
|---|---|---|---|---|---|---|
| RECEIPTS: | 2020 | 2019 | ||||
| Rentals from tenants | 25,619 | 21,688 | ||||
| Interest CAF Gold Account |
24 | 45 | ||||
| 25,643 | 21,733 | |||||
| PAYMENTS: | ||||||
| Property repairs, maintenance |
and | renewals | 271 | 7,340 | ||
| Gas Service 5 Repairs | 805 | 4,860 | ||||
| Electricity: Inspection, |
smoke detectors and repairs | |||||
| Renovation/ painting |
1,200 | |||||
| Insurance: | Buildings | 2,981 | 2,888 | |||
| Employer's | liability | 549 | 519 | |||
| Legal: re tenancy 8 trustees | ||||||
| Estate Agents Fees | 1,920 | |||||
| Secretary's Salary |
3,850 | 3,850 | ||||
| Postage 5stationary | 68 | 111 | ||||
| Miscellaneous | 84 | 10 | ||||
| 11,728 | 19,578 | |||||
| Excess/Shortfall ofreceipts |
over payments | 13,915 | 2,155 | |||
| Cash Funds at end ofprevious year | 46,113 | 43,958 | ||||
| Balances in hand at end ofyear | ||||||
| per Statement ofAssets | f60,028 | f46,113 |
| Cash Funds per Receipts and Payments | Accounts | |||
|---|---|---|---|---|
| Cash in hand | 40 | |||
| Bank Current Account | 30,741 | |||
| CAF Gold Account | 29,754 | 60,535 | ||
| Less: Open British Gas Item | 507 | |||
| Balances in hand at end ofyear | 60,028 | |||
| Other monetary assets &liabilities: |
||||
| Assets: | ||||
| Debtors- rent owed | 625 | |||
| Prepayment —Insurance |
1,765 | 2,390 | ||
| Advance Receipts: | ||||
| Rents received in advance 5 Rents overpaid |
276 |
| Date Acquired | Cost | ||||
|---|---|---|---|---|---|
| Insured value of buildings | |||||
| Freehold land and nine cottages |
|||||
| in Western | Road, Wadhurst, | ||||
| East Sussex | 3.1.1944 | NIL | E1,608,124 | ||
| Signed | by a Trustee on behalf of all Trustees: |
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