| INCOME AND EXPEN | D | ITURE AC | COUNT F | OR YEAR ENDING | 5APRIL 2022 |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| INCOME | |||||
| Weekly Maintenance | Contributions | 30,063.00 | 31,724.00 | ||
| Dividends | 1,702.18 | 1,638.29 | |||
| Insurance Claim |
1,949.20 | ||||
| Transfers to Investment | Accounts | (4,200.00) | (4,200.00) | ||
| Bank Interest | 0.02 | 0.05 | |||
| 27,565,20 | 31,111.54 | ||||
| EXPENDITURE | |||||
| Major Building Repairs | 6,220.00 | ||||
| Building Maintenance | 8,032.00 | 7,794.00 | |||
| Plumbing and Heating |
2,890.87 | 1,247.76 | |||
| Water | 1,533.51 | 1,505.50 | |||
| Electrical | 3,144.00 | ||||
| Insurance | 2,069.02 | 1,073.33 | |||
| Gardening | 661.92 | 946.50 | |||
| Window Cleaning |
320.00 | 360.00 | |||
| Pest Control / Waste | 345.00 | 256.00 | |||
| Subscriptions | 529.00 | 212.00 | |||
| Administration | 1,161.71 | 12.58 | |||
| Gifts | 55.43 | 37.45 | |||
| Accountancy | 300.00 | 300.00 | |||
| 21,042.46 | 19,965.12 | ||||
| SURPLUS / (DEFICIT) FOR | THE YEAR | 6,522.74 | 11,146.42 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| INVESTMENTS | |||||
| NAACIF Endowment | Income | 49,468.60 | 42,384.78 | ||
| NAACIF Repair Fund | 149,719.16 | 134,905.02 | |||
| NAACIF Extraordinary | Repair Fund | 7555530 | 67894.99 | ||
| 274,743.06 | 245,184.79 | ||||
| BANK &CASH ACCOUNTS | |||||
| Nat West Bank Current Account | 58,618.01 | 50,426.08 | |||
| Nat West Bank Res Acc —closed 24/1/22 | 104.04 | ||||
| Cash in Hand | 188.66 | 153,81 | |||
| 58,806.67 | 50,683.93 | ||||
| CREDITORS | |||||
| Accruals &Prepayments | 2092.00 | 492.00 | |||
| 56 714.67 | 50 | 191.93 | |||
| TOTAL FUNDS | 331,457.73 | 295,376.72 | |||
| REPRESENTED BY: | |||||
| Total Funds as at 6April 2021 | 295,376.72 | 221,873.07 | |||
| Surplus / (Deficit) for | the Year | 6,522.74 | 11,146.42 | ||
| Increase / (Decrease) | in Value of Investments | 29 558.27 | 62 | 357.23 | |
| 331,457.73 | 295,376.72 |