| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| Note | E | E | E | |||
| Turnover | 36,522 | 39,45L | ||||
| LessOperating costs | ||||||
| Services | LL,845 | 8,584 | ||||
| Management | 10 | 7,394 | 13,696 | |||
| DaytoDayMaintenance | 10 | 7,742 | 16,309 | |||
| CyclicalMaintenance | 10 | 941 | 4,590 | |||
| 27,922 | 43,179 | |||||
| 8,600 | - | 3,728 | ||||
| Add | ||||||
| lnterestReceivable andotherincome | 2,L62 | 2,344 | ||||
| Profit/(Deficit) for the year | 10,762 | - | 1,384 | |||
| MovementonReserves | ||||||
| Balancebroughtforwardaspreviously reported | 173,1_48 | 171_,442 | ||||
| Profitforthe year | 10,762 | 1_,384 | ||||
| Transfer(to): | ||||||
| CyclicalRepairs&MaintenanceReserve Emergency RepairFund |
9i gii |
941 1,500 |
4,590 1,500 |
|||
| 183,351 | 773,L48 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Note | t | t | |||
| FixedAssets | |||||
| Housingproperties-cost | LAz,758 | 702,759 | |||
| Less:Housing associationGrant | 98,10g | 98,109 | |||
| 4,649 | 4,649 | ||||
| CurrentAssets | |||||
| Debtors | 6 | 6,224 | 5,57L | ||
| lnvestments | 7 | 84,500 | 93,000 | ||
| Cashatbank& inhand | 169,500 | t6t,g42 | |||
| 260,223 | 250,473 | ||||
| Creditorc | |||||
| Duewithinoneyear | 2,053 | 3,005 | |||
| NetCurrent Assets | 258,170 | 247,409 | |||
| TotalNetAssets | 262,g]:g | 252,O57 | |||
| Representedby: | |||||
| Capital & Reserues | |||||
| Designated reserves | 79,469 | 78,909 | |||
| lncome & expenditure account | 183,351 | L73,L4g | |||
| 262,gLg |
| 2024 f |
2023 f |
|
|---|---|---|
| 2.lnterestReceivable andOthertncome | ||
| BankDeposit&Building Societylnterest | 1,827.A0 | '1,,827.0O |
| lnvestmentlncome | 52.00 | s2.00 |
| OtherRentsReceived | 35.00 | 35.00 |
| Otherincome | 420.00 | |
| 1_,9L4.OO | 2,334.OO | |
| 3.Taxation | ||
| StLeonards HospitaltrustisaregisteredCharity, | andis,thereforeexemptfromliabilityto | |
| taxation on its lncome &CapitalGains | ||
| 4. FixedAssets | ||
| HousingProperties | Comoleted | Completed |
| Housinq | Housino | |
| Properties | Properties | |
| AsAt1stJanuary2024 | LOz,758.OO | L02,758.O0 |
| Additions - lmprovementtoProperties | ||
| AsAt 31stDecember 2024 | L02,758.O0 | LO2,758.O0 |
| Less:Housing AssociationGrant | ||
| Asat1stJanuary2024 | 98,109.00 | 98,109.00 |
| GrantReceived inYear | ||
| AsAt31st December 2024 | 98,109.00 | 98,109.00 |
| NetBookValue AsAt 31stDecember2024 | 4,649.OO | 4,649.00 |
| S.1Leonard$FtocpitalTrust | |||
|---|---|---|---|
| Notesto the FinancialStatenrerG | |||
| E.FixedAasets | 2A24 € |
2g:23t | |
| lnve.stmente | |||
| BaseCost: | |||
| AsattstJanuary 2024 | |||
| Asat31stDecemher ?024 | |||
| tsarclaysOrd .25pShares(Holding | 524) | 1,77L | 1,17L |
| MarketValueasat31stDeeember | 2024 | L,llL | I,llL |
| 6.Debtors | |||
| - | |||
| Prepayments& AcrruEd lncome | 6,224 | 5571 | |
| 7"CurrentAssets. | |||
| Investments, | |||
| Costo.rBase Cost | 83,000 | Ls00 | |
| AddltlOns DuringtheYear | 1,500 | 81,500 | |
| Withdrawalsinyear | |||
| 83,00o | |||
| Thelnvestmentscomprisethe following; | -4FO6- | ||
| M&Glrtvettments | 84soo | 83':00 | |
| Balanceasat31st Deeember2O24 | --fo0- | ||
| -4E00- | |||
| MarketValueasat31stDeeemb,er | 202-4 | 94,786 | 83,365 |
| t{otestotheFinarre*al | Sffiemerts | |||
|---|---|---|---|---|
| ?o24 | ?423 | |||
| 8.Greditore:duewithinoneyear | E | E | ||
| Other Creditors& Accruals | 2,053 | 3,005 | ||
| 9.DesignatedReserves | ||||
| i) eyclicalRepairs&MaintenanceReserve | ||||
| Balanceasat1st January 2023 Transferfromlncome & Expenditure Account(page3) |
- | 46,62A 941 |
51,210 4s90 |
|
| Balance asat 3i"stDecember 2023 | -"@ | |||
| ii)Emergency RepalrFund | ||||
| Balance- asat1st January 2023 Transfur'trom lncome&Expenditure Account(page 3) Transfertolncome&Expenditure Account(pageE) |
32,289 Ls00 |
30,789 1,500 |
||
| Balanceasat 31stDeCember2023 | ||||
| 31789 | __12,289_ | |||
| {GHousing GorporationGosts | ||||
| 10 Units (2022-1A) | ||||
| Management | ||||
| DaytoDayRepairs'&Malntenance | 7,742 | |||
| Cyclical Repairs& Maintenance | 94L |
| 2024 | 2023 | |||
|---|---|---|---|---|
| € | € € |
f | ||
| lncomefromTenantsContributions &ServiceCharges | 36,522 | 39,45L | ||
| lncomefromlnvestmentsetc: | ||||
| NAACIFlncome Sharetnterest Lloyds&Nationwidelnterest Barclays Dividend&lnvestmentlncome |
t2 2,099 28 |
7! 1,939 40 |
||
| 2,L39 | L,8gg | |||
| OtherRents Otherincome |
2:4 | 35 420 |
||
| Less: Services | 38,694 | 41,,795 | ||
| WLicence lnsurance Heating&Lighting Rates TelephoneRentals CelebrationCosts ResidentsGifts |
53 L,716 5,964 4,43t 282 0 0 |
53 L,L25 3,992 2,992 532 0 0 |
||
| Management: | 1L,g45 | 8,584 | ||
| Clerks'Remuneration Audit & AccountancyFees |
2,400 756 |
5,509 7M |
||
| Postages,Stationery & Advertising Subscriptions SundryExpenses ProfessionalFees Repairs&Maintenance @ |
M 876 253 3,055 7,742 |
248 584 395 6,2L9 --L-]:.ff, 16,309 |
||
| CyclicalMaintenance | 94L | 4seo | ||
| 8,693 | 20,ggg | |||
| 27,922 | 43,L79 | |||
| Excess /(Deficit)oflncome over Expenditure for theyear | 10,762 | - | 1,384 |