Trustees Of Miss Cullen's Almshouses
Trustees Of Miss Cullen's Almshouses
ACCOUNTS
for the period
from 1 January 2022 to 31 December 2022
/ Straw J Mf Jy [3/Aor3 and Bramley Limited \/ Accountants and Payroll Agents XX101
Trustees Of Miss Cullen's Almshouses
ACCOUNTS
Period from 1 January 2022 to 31 December 2022
| CONTENTS | PAGES |
|---|---|
| ACCOUNTANTS' REPORT | 1 |
| Trading Account | 2 |
| BALANCE SHEET | 3 |
| NOTESTOTHEACCOUNTS | 4 |
f
Lk,
Trustees Of Miss Cullen's Almshouses
ACCOUNTANTS' REPORT ON THE UNAUDITED ACCOUNTS
As described on page 3 you have approved the accounts for the year ended 31 December 2022, set out on pages 2 to 4.
In accordance with your instructions, we have prepared these unaudited accounts from the accounting records and on the basis of information and explanations supplied to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Straw and Bramley Limited
31 DECEMBER 2022
Accountants and Payroll Agents
----- Start of picture text -----
|
----- End of picture text -----
Zi
Trustees Of Miss Cullen's Almshouses
Trading Account
Period from 1 January 2022 to 31 December 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| £ | 2 | £ | t | ||
| Investment Income | 5,552 | 4,829 | |||
| Investment Income 2 | - | 160,917 | |||
| 5,552 | 165,746 | ||||
| Loss on investments | 20,977 | - | |||
| GROSS LOSS/PROFIT | (15,425) | 165,746 | |||
| Wkly Management Chgs (Rent Payments) Electric Contributions from Tenants |
98,429 5,786 |
82,584 6,241 |
|||
| 104,215 | 88,825 | ||||
| 88,790 | 254,571 | ||||
| OVERHEADS | |||||
| Trustees Management Payments | 11,400 | 6,800 | |||
| Property Repairs and maintenance | 41,412 | 34,441 | |||
| Rates - Ground and Water | 4,562 | 4,649 | |||
| Property Management Charge | 10,005 | 8,784 | |||
| Cleaning | - | 51 | |||
| British Gas | 17,837 | 26,900 | |||
| Insurance | 2,236 | 1,992 | |||
| Tel -CCTV Monitoring Licences Replacable white goods Accountancy Professional fees - Nelsons |
260 38 668 400 9,844 |
234 68 471 400 fips fA |
|||
| Sundries | (2) | 201 | |||
| 98,660 | 92,512 | ||||
| NET LOSS/PROFIT | (9,870) | 162,059 | |||
| f |
Trustees Of Miss Cullen's Almshouses
Balance Sheet
31 December 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Fixed Assets | 2,834,000 | 2,646,000 | |||
| Current Assets | |||||
| Bank current account | 71,932 | 47,029 | |||
| M&G Investments 3388 | 338,519 | 536,104 | |||
| M&G Investments 3387 - 3389 Brewin Dolphin Investments |
20,143 188,177 |
20,790 161,998 |
|||
| COIF Charities Deposit FundCCLA | - | 50,720 | |||
| 618,771 | 816,641 | ||||
| Current Liabilities | |||||
| Revaluation account Cullen Court | 2,561,000 | 2,561,000 | |||
| 2,561,000 | 2,561,000 | ||||
| Net Current Liabilities | (1,942,229) | (1,744,359) | |||
| Net Assets | 891,771 | 901,641 | |||
| Financed by : |
|||||
| Capital account | |||||
| Brought forward | 901.641 | 739,582 | |||
| Profit for the year | - | 162,059 | |||
| 901,641 | 901,641 | ||||
| Loss for the year | 9,870 | - | |||
| 891,771 | 901,641 |
In accordance with the engagement letter, | approve the accounts set out on pages 2 to 4. I acknowledge my responsibility for the accounts, including the appropriateness of the accounting basis, and have made available all the information and explanations necessary for their compilation.
Approved by the proprietor on 31 DECEMBER 2022.
----- Start of picture text -----
i
----- End of picture text -----
4,
Trustees Of Miss Cullen's Almshouses
Notes to the accounts
Period from 1 January 2022 to 31 December 2022
| FIXED ASSETS | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| ASSETS AT COST | ||
| Cost | ||
| 17 Rockwood Crescent | 85,000 | 85,000 |
| 12 Derwent Drive | 188,000 | - |
| Asat31December2022 | 273,000 | 85,000 |
| Freehold | |||
|---|---|---|---|
| Total | Property | ||
| 3 | £ | ||
| Brought Forward | 2,561,000 | 2,561,000 | |
| and 31 December 2022 | |||
| SUMMARY | |||
| 2022 | 2021 | ||
| £ | £ | ||
| NET BOOK AMOUNTS | |||
| Assets at cost Cullen Court Properties |
273,000 2,561,000 |
85,000 2,561,000 |
|
| 2,834,000 | 2,646,000 |
----- Start of picture text -----
|
|
----- End of picture text -----
19021
----- Start of picture text -----
| -5 APR 2023
> SRECEIVED —
----- End of picture text -----
Scanned to FEMF