2023-12-31-accounts

			This year		Last year
Income:
Rents receivable				66,543		65,313
Sundry Income		(Note 1)
National Association ofAlmshouses				873		804
Royal Bank ofScotland interest				60
				67,476		66,126
Rates and insurance		(Note 2)	8,034		6,491
Lighting and heating		(Note 3)	8,547		12,009
Repairs and maintenance		(Note 4)	10,117		24,257
Warden call service		(Note 5)	5,472		3,703
Telephone and advertising		(Note 6)	803		781
Accountancy, Legal and professional	fees	(Note 7)	12,392		1,500
Miscellaneous expenses		(Note 8)	556		7,260
Depreciation		(Note 9)	6,049		4,878
				51,970		60,879
EXCESSOF INCOME OVER EXPENDITURE				15,506		5,247

			This	year	f	Last	year	f
FIXEDASSETS		(Note 9)
Freehold land and buildings			73,559		73,559
Fixtures and equipment			114,922		92,680
				188,480			166,239
INVESTMENTS
National Association of	Almshouses:	(Note 10)
17,876(17,876) Income	units at cost		4,871		4,871
5,093(5,093) Income units at cost			3,803		3,803
640 (640)Accumulation	shares at cost		36,241		36,241
				44,915			44,915
CURRENT ASSETS
Rents in arrears			1,838			858
Royal Bank ofScotland	deposit account		5,544		4,610
Petty Estate Agents Limited			35,397		44,651
				42,779			50,119
				276,174			261,273
CURRENT LIABILITIES
Accruals			895		1,500
				895				1,500
NET ASSETS				275,279			259,773
GENERAL FUND				8,095				8,095
CYCLICAL MAINTENANCE FUND				85					85
BENEFACTORS:
Mrs. Wilson			210			210
Miss S.A. Black			150			150
Mr. LT.Kirk			25			25
Mrs. M.A. Skelmerdine			5			5
Mrs. N. Millward			8			8
Mr. A. Pilkington			100			100
Miss Wheeldon			198			198
				696					696
				8,876				8,876
INCOME ACCOUNT
Beginning ofyear			250,897		245,650
Excess of income over	expenditure		15,506		5,247
End ofyear				266,403			250,897
				275,279			259,773

		This year	Last year
1. SUNDRY INCOME
Miscellaneous Receipt
2. RATES AND INSURANCE
Property insurance		1,952	1,662
Council tax		2,974	2,181
TV Licence		38	30
Water rates		3,070	2,619
		8,034	6,492
3. LIGHTING AND HEATING
Gas		6,893	9,174
Electricity/ electrical	work	1,654	2,835
		8,547	12,009
4. REPAIRS AND	MAINTENANCE
Property repairs		3,067	7,616
Gardening		1,530	1,445
Plumbing and central	heating repairs	2,170	11,774
Fire extinguisher maintenance		285	528
Decorating		1,845	2,295
Cleaning		130	80
Gas safety inspection	and service contract	1,090	519
		10,117	24,018
5. WARDEN CALL SERVICE
High Peak Borough	Council alarm system	3,594	2,156
Tunstall Telecom alarm rental		1,878	1,547
		5,472	2,876
6. TELEPHONE AND ADVERTISING
Telephone charges		530	565
Advertising		273	216
		803	642

		This year f	Last year f
7. PROFESSIONAL FEES
Accountancy	fees	229	1,500
Management	fees	7,163	7,055
Quinquennial	inspection	5,000
		12,392	8,555
8. MISCELLANEOUS EXPENSES
Gifts to residents		260	205
Bank charges		296
		556	205
9. FIXEDASSETS		Freehold	Fixtures
		land and	and
		buildings	Equipment
Net book value at beginning ofyear		73,559	92,680
Additions			28,291
		73,559	120,971
Depreciation	for year		6,049
Net book value at end ofyear		73,559	114,922

					Units	Cost	Valuation
							at
							31/12/2023
Income units					17,876	4,871	16,056
Income units	—extraordinary	repair fund			5,093	3,803	4,574
Accumulation	shares				640	36,241	71,709
					23,609	44,915	92,339
Accumulation	shares		brought	forward	640	36,241
			Purchased
			carried	forward	640	36,241

			This year		Last year
Income:
Rents receivable				66,543		65,313
Sundry Income		(Note 1)
National Association ofAlmshouses				873		804
Royal Bank ofScotland interest				60
				67,476		66,126
Rates and insurance		(Note 2)	8,034		6,491
Lighting and heating		(Note 3)	8,547		12,009
Repairs and maintenance		(Note 4)	10,117		24,257
Warden call service		(Note 5)	5,472		3,703
Telephone and advertising		(Note 6)	803		781
Accountancy, Legal and professional	fees	(Note 7)	12,392		1,500
Miscellaneous expenses		(Note 8)	556		7,260
Depreciation		(Note 9)	6,049		4,878
				51,970		60,879
EXCESSOF INCOME OVER EXPENDITURE				15,506		5,247

			This	year	f	Last	year	f
FIXEDASSETS		(Note 9)
Freehold land and buildings			73,559		73,559
Fixtures and equipment			114,922		92,680
				188,480			166,239
INVESTMENTS
National Association of	Almshouses:	(Note 10)
17,876(17,876) Income	units at cost		4,871		4,871
5,093(5,093) Income units at cost			3,803		3,803
640 (640)Accumulation	shares at cost		36,241		36,241
				44,915			44,915
CURRENT ASSETS
Rents in arrears			1,838			858
Royal Bank ofScotland	deposit account		5,544		4,610
Petty Estate Agents Limited			35,397		44,651
				42,779			50,119
				276,174			261,273
CURRENT LIABILITIES
Accruals			895		1,500
				895				1,500
NET ASSETS				275,279			259,773
GENERAL FUND				8,095				8,095
CYCLICAL MAINTENANCE FUND				85					85
BENEFACTORS:
Mrs. Wilson			210			210
Miss S.A. Black			150			150
Mr. LT.Kirk			25			25
Mrs. M.A. Skelmerdine			5			5
Mrs. N. Millward			8			8
Mr. A. Pilkington			100			100
Miss Wheeldon			198			198
				696					696
				8,876				8,876
INCOME ACCOUNT
Beginning ofyear			250,897		245,650
Excess of income over	expenditure		15,506		5,247
End ofyear				266,403			250,897
				275,279			259,773

		This year	Last year
1. SUNDRY INCOME
Miscellaneous Receipt
2. RATES AND INSURANCE
Property insurance		1,952	1,662
Council tax		2,974	2,181
TV Licence		38	30
Water rates		3,070	2,619
		8,034	6,492
3. LIGHTING AND HEATING
Gas		6,893	9,174
Electricity/ electrical	work	1,654	2,835
		8,547	12,009
4. REPAIRS AND	MAINTENANCE
Property repairs		3,067	7,616
Gardening		1,530	1,445
Plumbing and central	heating repairs	2,170	11,774
Fire extinguisher maintenance		285	528
Decorating		1,845	2,295
Cleaning		130	80
Gas safety inspection	and service contract	1,090	519
		10,117	24,018
5. WARDEN CALL SERVICE
High Peak Borough	Council alarm system	3,594	2,156
Tunstall Telecom alarm rental		1,878	1,547
		5,472	2,876
6. TELEPHONE AND ADVERTISING
Telephone charges		530	565
Advertising		273	216
		803	642

		This year f	Last year f
7. PROFESSIONAL FEES
Accountancy	fees	229	1,500
Management	fees	7,163	7,055
Quinquennial	inspection	5,000
		12,392	8,555
8. MISCELLANEOUS EXPENSES
Gifts to residents		260	205
Bank charges		296
		556	205
9. FIXEDASSETS		Freehold	Fixtures
		land and	and
		buildings	Equipment
Net book value at beginning ofyear		73,559	92,680
Additions			28,291
		73,559	120,971
Depreciation	for year		6,049
Net book value at end ofyear		73,559	114,922

					Units	Cost	Valuation
							at
							31/12/2023
Income units					17,876	4,871	16,056
Income units	—extraordinary	repair fund			5,093	3,803	4,574
Accumulation	shares				640	36,241	71,709
					23,609	44,915	92,339
Accumulation	shares		brought	forward	640	36,241
			Purchased
			carried	forward	640	36,241