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|||**2024**|||**2023**||
|---|---|---|---|---|---|---|
||**£**||**£**|**£**||**£**|
|Investment Income|||`9,751`|||8,148|
|Other Income from Tenants|||`1,179`|||1,200|
|Investment Income 2 (Gain)|||`41,867`|||29,014|
||||52,797|||38,362|
|Loss on investments|||||||
|**GROSS PROFIT**|||52,797|||38.362|
|Wkly Man Chgs (Rent Payments)|135,245|||122,913|||
|Electric Contributions from Tenants|8,752||143,997|7,398||130,311|
||||196,794|||168,673|
|**OVERHEADS**|||||||
|Trustees Management Payments|`12,645`|||`12,322`|||
|Property Repairs and Maintenance|`25,766`|||`56,612`|||
|Rates - Ground and Water|`3,068`|||`6,577`|||
|Property Management Charge|`13,836`|||`11,701`|||
|British Gas and Total Energies|`17,597`|||`25,032`|||
|Insurance|`2,277`|||`2,161`|||
|Stationery and Printing||||`66`|||
|Tel - CCTV Monitoring|330|||`292`|||
|Licences|52|||`53`|||
|Replaceable White Goods||||`725`|||
|Accountancy|`400`|||`400`|||
|Professional Fees - Nelsons|`8,468`|||`9,402`|||
|Bank Charges|`60`|||`14`|||
|`Sundries`|`1,450`|||`333`|||
||||85,949|||125,690|
|**NET PROFIT**|||**110,845**|||**42,983**|






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|||**2024**|||**2023**||
|---|---|---|---|---|---|---|
||**£**||**£**|**£**||**£**|
|**FIXED ASSETS**|||2.834,000|||2,834,000|
|**CURRENT ASSETS**|||||||
|Bank Current Account|204,879|||46.757|||
|M & G Investments 3388|300,169|||378,315|||
|M & G Investments 3387 - 3389|21,174|||20,487|||
|Brewin Dolphin Investments|246,377|||217,050|||
||772,599|||662,609|||
|**CURRENT LIABILITIES**|||||||
|Trade Creditors||||855|||
|Revaluation Account Cullen Court|2,561,000|||2,561,000|||
||2,561,000|||2,561,855|||
|**NET CURRENT LIABILITIES**|||(1,788,401)|||(1,899,246)|
|**NET ASSETS**|||**1,045,599**|||**934,754**|
|**Financed By:**|||||||
|**CAPITAL ACCOUNT**|||||||
|Brought Forward|||934,754|||891,771|
|Profit For The Year|||110,845|||42,983|
||||**1,045,599**|||**934,754**|






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||**`2024`**|**`2023`**|
|---|---|---|
||**`£`**|**`£`**|
|**ASSETS AT COST**|||
|17 Rockwood Crescent|`85,000`|`85,000`|
|12 Derwent Drive|`188,000`|`188,000`|
|As at 31 December 2024|273,000|273,000|
|**Freehold Property**|||
|As at 31 December 2024|2,561,000|2,561,000|
|**SUMMARY**|||
|**NET BOOK AMOUNTS**|||
|Assets at cost|`273,000`|`273,000`|
|Cullen Court Properties|`2,561,000`|`2,561,000`|
||**`2,834,000`**|**`2,834,000`**|