| Signed: | Date: | IQ | g ah~ | |||||
|---|---|---|---|---|---|---|---|---|
| Name: | Robert D Morrison | |||||||
| Relevant professional | Institute ofChartered | Accountants | ofScotland | |||||
| qualification(s) | or body | |||||||
| (ifany): | ||||||||
| Address: | Chinthurst | June Lane | MIDHURST | West Sussex | GU29 9EW | |||
| 1IER | Oct 2018 |
| Summary | of | the main | All ofthe | flats are occupied | and all rents are paid up to data. | ||
|---|---|---|---|---|---|---|---|
| achievements ofthe charity during the year |
The electrical upgrades have been completed and the property compliant with regulations. The fire alarm and extinguishera are |
is serviced |
|||||
| regularly. |
| Receipts | &payments | account: | ||||||
|---|---|---|---|---|---|---|---|---|
| Receipts: | ||||||||
| Rent | 28,778.00 | 25,658.00 | ||||||
| Investment | income | 1,187.08 | I.,156.50 | |||||
| 29,965.08 | 26,814.50 | |||||||
| Expenditure: | ||||||||
| Property expenses: | ||||||||
| Light &heat | 4,475.82 | 3,380.84 | ||||||
| Rates | 3,148.36 | 1,000.27 | ||||||
| Building improvements | 11,029.29 | 18,652.00 | ||||||
| Building repairs | 1,387.00 | 3,504.26 | ||||||
| Equipment | repairs | 1,103.53 | 1,824.85 | |||||
| Cleaning | 300.00 | 165.00 | ||||||
| Gardening | 832.06 | 1,110.00 | ||||||
| 22,276.06 | 29,637.22 | |||||||
| Admin expenses: | ||||||||
| Insurance | 1,362.64 | 1,264.42 | ||||||
| Clerk's remuneration | 4,000.00 | 4,000.00 | ||||||
| Sundry expenses | 439.99 | 80.70 | ||||||
| Examination | fee | 0.00 | 336.00 | |||||
| Subscriptions | 187.00 | 182.00 | ||||||
| 5,989.63 | 5,863.12 | |||||||
| 28,265.69 | 35,500.34 | |||||||
| Net income for the year | 1,699.39 | (8,685.84) | ||||||
| Bank &cash brought forward | 26,864.43 | 35,550.27 | ||||||
| Bank &cash carried forward | 28,563.82 | 26,864.43 | ||||||
| Balance sheet | ||||||||
| Assets: | ||||||||
| Ognell's Building (estimated |
value) | 1,000,000.00 | 1,000,000.00 | |||||
| Investments: | ||||||||
| M&G Surplus income | fund | 136.88 | 141.28 | |||||
| M&G Repair | &restoration | fund | 85,953.55 | 85,279.64 | ||||
| CCLA - COIF | Accumulation | fund | 29,479.07 | 32,393.10 | ||||
| CCLA- COIF | Income unit fund | 39,517.20 | 44,715.60 | |||||
| 155,086.70 | 162,529.62 | |||||||
| Cash | at bank and | in hand: | ||||||
| Bank account | 28,533.66 | 26,761.99 | ||||||
| Cash in hand | 30.16 | 102.44 | ||||||
| 28,563.82 | 26,864.43 | |||||||
| Total | 1,183,650.52 | 1,189,394.05 | ||||||
| Liabilities: | ||||||||
| Balance due to British Gas | 1,687.22 | 0.00 | ||||||
| Balance due to Southern Water | 722.59 | 1,131.29 | ||||||
| 2,409.81 | 1,131.29 |