| RECEIPTS AND P | AYMENT ACCOUNT FO | R THE YEAR EN | DED 31 DECE | MBER 2020 | |
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| INCOME: | |||||
| Rents Received | 55,176 | 43,436 | |||
| Bank Interest | 381 | 709 | |||
| N.S.B.Investment | A/C Interest | 353 | 347 | ||
| Hereford and Worcester Bond Interest |
11 | 11 | |||
| Britannia | 4,216 | 4,107 | |||
| Total Income | 60,137 | 48,610 | |||
| LESSEXPENDITURE: | |||||
| Repairs and Renewals | 16,708 | 16,939 | |||
| CCC - Council Tax | 0 | 488 | |||
| Insurance | 1,783 | 1,753 | |||
| Electricity | 32 | 0 | |||
| Ground Upkeep |
750 | 630 | |||
| Accountancy | 690 | 1,020 | |||
| Travelling | 0 | 450 | |||
| Subscriptions | 0 | 281 | |||
| Sundries | 114 | 0 | |||
| 20,077 | 21,561 | ||||
| Surplus for the Year | F40,060 | 627,049 |
| STATEMENT OF ASSETSAND LIABILITIES | AS AT 31STDECEMBER 2020 | |
|---|---|---|
| 2020 | 2019 | |
| CURRENT ASSETS: | ||
| HSBC Current Account | 7,492 | 4,000 |
| HSBC High Interest Account | 416,787 | 386,054 |
| N.S.B.Investment Account |
74,101 | 73,748 |
| Hereford and Worcester Bond |
1,500 | 1,500 |
| Britannia | 211,334 | 207,118 |
| 711,214 | 672,420 | |
| LESSCURRENT LIABILITIES: | ||
| Sundry Creditors | 690 | 1,956 |
| NET ASSETS | 6710,524 | F670,464 |
| CAPITAL ACCOUNT: | ||
| Opening Balance |
670,464 | 643,415 |
| Surplus for the year |
40,060 | 27,049 |
| 5710,524 | f670,464 |