2022-12-31-accounts - The Milnthorp Homes

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			This rear f		I	Last year	f.
Income:
Rents receivable				65,313			68,037
Sundry income		(Note 1)
National Association ofAlmshouses				804			758
Royal Bank ofScotland interest
				66,126			68,795
Expenditures
Rates and insurance		(Note 2)	6,491		4,550
Lighting and heating		(Note 3)	12,009		14,425
Repairs and maintenance		(Note 4)	24,257		24,018
Warden call service		(Note 5)	3,703		2,876
Telephone and advertising		(Note 6)	781			642
Accountancy, Legal and professional	fees	(Note 7)	1,500			696
Miscellaneous expenses		(Note 8)	7,260
Depreciation		(Note 9)	4,878		5,135
				60.879			60,186
EXCESSOP ENCOME OVER EXPENDITURE				5,247			8,609

				This	year f.	Last f.	year	f
FIXEDASSETS			(Note 9)
Freehold land and buildings				73,559		73,559
Fixtures and equipment				92,680		97,555
					166,238		171,114
&VESTMENTS
National Association of	Almshouses:		(iVote 10)
17,S76(17,S76)Income	units at	cost		4,871		4,871
5,093(5,093)Income units at cost				3,803		3,803
640 (436)Accumulation	shares	at cost		36,241		36,241
					44,915		44,915
CURRENT ASSETS
Rents in arrears				858		891
Royal Bank ofScotland	deposit	account		4,610		3,797
Wright ivfarshatl Lintited				44,652		33,808
					50,120		38,496
					261,273		254,525
CURRENT LIABILITIES
Accruals				1,500
					1,500
NET ASSETS					259,773		254 525
GENERAL FUND					8,095			8,095
CYCLICAL IIIAINTENANCE		FUND			85			85
BENEFACTORS:
Mrs. Wilson				210		210
Miss S.A. Black				150		150
Mr. J.T.Kirk				'i5		25
Mrs. M.A. Skelmerdine				5		5
Mrs. N. Miltuatd				8		8
Mr. A. Pilkington				100		100
Miss Wheeldon				198		198
					696			696
					8,876			8,876
INCOME ACCOUNT
Beginning ofyear				245,650		237,039
Excess of income over expenditure				5,247		8,610
End ofyear					250,897		245,649
					259,773		254,525

			This year f	Last year f
1. SUM)RY	INCOlVIE
Miscellaneous	Receipt
2. RATES AND LNSURANCE
KVater rates			2 618	2384
Property insurance			1,662	1,526
Council tax			2,182	703
TV Licence			30	38
			6,492	4,551
3. LIGHTING AND HEATING
Gas			9,174	12,945
Elcctricityl electrical		work	2,835	1,480
			12,009	14,425
4. REPAIRS	AND	NIAINTENANCE
Property repairs			7,616	5,865
Gardening			1,445	1,470
Plumbing and central		heating repairs	11,774	15,942
Fire extinguisher	maintenance		528	83
Decorating			2~e95
Cleaning			80
Gas safety inspection		and service contract	519	658
			24 i57	24,018
5. WARDEN	CALL SERVICE
High Peak Borough		Council alarm system	2,156	2,157
Tunstall Telecont alarm rental			1,547	719
			3,703	2,876
6. TELEPHONE AND ADVERTISING
Telephone charges			565	642
Advertising			216
			781	642

		This year	Last year
		6
7. PROI'ESSIONAL FEES
Accountancy	fees	1,500	696
Legal fees
		1,500	696
8. MISCELLANEOUS EXPENSES
Rent collection		7,055	7,624
Gifts to residents		205	220
		7,260	7,844
9. FIXED	ASSETS	Freehold	Fixtures
		land and	aud
		buildings	Equipment
Net book value at beginning ofyear		73,559	97,557
Additions
		73,559	97,557
Depreciation	for year		4,878
Net book value at eod ofyear		73,559	92,680