| Reference and administrative | Reference and administrative | details | |
|---|---|---|---|
| Trustees: | G Connell | ||
| V M Wightman | |||
| Principal Offic: | c/o Wilkin Chapman | LLP | |
| The Maltings | |||
| 11-15Brayford Wharf East | |||
| Lincoln | |||
| LNS 7AY | |||
| Bankers: | The Royal Bank ofScotland pic | ||
| Sheffield Church street Branch | |||
| 5 Church Street | |||
| Sheffield | |||
| 511HF | |||
| Estate Agents | Blundells | ||
| 896Ecclesall Road | |||
| Sheffield | |||
| 5118TP | |||
| Independent | Examiner: | 0 F Booker FCA | |
| 38Moorside | |||
| Sheffield | |||
| 5104LN |
| Income | Note | 2023 f |
2022f | |
|---|---|---|---|---|
| Rents less expenses | 72,073 | 74,129 | ||
| Investment income |
2,780 | 2 122 | ||
| Interest receivable | 99 | 2 | ||
| 74,952 | 76,253 | |||
| Expenditure | ||||
| Cost ofgenerating funds |
2 | 86197 | 60533 | |
| Excess ofincome over expenditure | before gains on investments | (11,245) | 15,720 | |
| Gains/(losses) on investments |
4 | ~10571 | 5 565 | |
| Net movement in funds |
(21,816) | 21,285 | ||
| Total funds brought forward | 2 255 520 | 2 234 335 | ||
| Total funds carried forward | ~2233 804 | ~2255 620 | ||
| There are no restdcted funds |
| Note | 2023f | 2022 f |
|
|---|---|---|---|
| Freehold properties | 2,040,000 | 2,040,000 | |
| Quoted investments | 125465 | ~157435 | |
| 2,165,465 | 2,197,435 | ||
| Cash with Estate Agents | 28,690 | 12,319 | |
| Cash at bank | 33,719 | 30,840 | |
| Cash with Solicitors | 8090 | 19826 | |
| 2,235,964 | 2,260,420 | ||
| Creditors | ~2160 | ~4800 | |
| Total net assets | ~3804 | 2~2 | |
| Represented by: |
|||
| Trust Fund —unrestricted | 2~23 JK5 |
255620 |
| othe financial statemen | othe financial statemen | othe financial statemen | ts continued. |
||
|---|---|---|---|---|---|
| 2 Costs ofgenerating |
funds | ||||
| 2023 | 2022 | ||||
| E | E | ||||
| Property Costs | |||||
| Estate Agents collection | charges and disbursements | 14,018 | 14,629 | ||
| Property Management | Charges | 23,573 | 16,438 | ||
| Repairs —general | 25,723 | 18,787 | |||
| Council tax | on empty | properties | 105 | 61 | |
| 63,419 | 49,915 | ||||
| Other costs | |||||
| Legal administration | charge | 19,879 | 7,590 | ||
| Investment | managers' | fees | 1,399 | 1,528 | |
| Independent | examiner's | fees | 1500 | 1500 | |
| 86 197 | 60533 | ||||
| 3Investment | Income | 2023 | 2022 | ||
| f | f | ||||
| Dividend income |
|||||
| ~2780 | 2 122 | ||||
| 4Net Gains | on Investments | ||||
| 2023 | 2022 | ||||
| f | f | ||||
| Realised gain on quotedinvestment | 1,875 | 3,214 | |||
| (losses)/gains | on quoted | investments | ~12446 | 2 351 | |
| 10571 | 5565 | ||||
| 5Freehold Properties | |||||
| E | |||||
| Balance at | beginning | 2,040,00 | |||
| Additions | |||||
| Disposals | |||||
| Revaluation | |||||
| Balance at | end ofyear | 2,040,000 |
| 6 Quoted Investments |
||
|---|---|---|
| 6 | ||
| Balance at beginning ofyear |
157,435 | |
| Transfer to client account | (20,0000) | |
| Investment managers fees |
(1,399) | |
| Gains on sales ofinvestment | 1,875 | |
| Decrease in Market value | ~12446 | |
| Balance at end ofyear | 125465 | |
| Quoted investments of historical costs at 5u April 2023 |
118299 | |
| 7Creditors | 2023 | 2022 |
| Professional charges |
f | f |
| Independent Examiner Fees |
1,500 | 1,500 |
| Legal administration charges |
2,640 | |
| Other creditors | 660 | 660 |
| 2 160 | 4800 |
| Reference and administrative | Reference and administrative | details | |
|---|---|---|---|
| Trustees: | 6 Connell | ||
| V M Wightman | |||
| Prlncipa IOfff | ce: | c/o Wilkin Chapman | LLP |
| The Maltings | |||
| 11—15Brayford Wharf East | |||
| Lincoln | |||
| LN5 7AY | |||
| Bankers: | The Royal Bank ofScotland pic | ||
| Sheffield Church street Branch | |||
| 5 Church Street | |||
| Sheffield | |||
| 511HF | |||
| Estate Agents | Blundells | ||
| 896Ecclesall Road | |||
| Sheffield | |||
| 5118TP | |||
| Independent | Examiner: | 0 FBooker FCA | |
| 38Moorside | |||
| Sheffield | |||
| 5104LN |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Income | E | E | ||
| Rents less expenses | 72,073 | 74,129 | ||
| Investment income |
2,780 | 2,122 | ||
| Interest receivable | 99 | 2 | ||
| 74,952 | 76,253 | |||
| Expenditure | ||||
| Cost ofgenerating funds |
2 | 86 197 | 60533 | |
| Excessofincome over expenditure | before gains on investments | (11,245) | 15,720 | |
| Gains/(losses) on investments |
4 | ~10571 | 5565 | |
| Net movement in funds |
(21,816) | 21,285 | ||
| Total funds brought forward | 2 2M~62 | 2 234335 | ||
| Total funds carried forward | 2233804 | 2 255 620 | ||
| There are no restricted funds |
| Note | 2023f | 2022 E |
|
|---|---|---|---|
| Freehold properties | 2,040,000 | 2,040,000 | |
| Quoted investments | ~125465 | ~157435 | |
| 2,165,465 | 2,197,435 | ||
| Cash with Estate Agents | 28,690 | 12,319 | |
| Cash at bank | 33,719 | 30,840 | |
| Cash with Solicitors | 8090 | 19826 | |
| 2,235,964 | 2,260,420 | ||
| Creditors | L22160 | ~4800 | |
| Total net assets | ~2 | 22S5~ | |
| Represented by: |
|||
| Trust Fund —unrestricted | ~28 | 225 |
| othe financial statemen | othe financial statemen | othe financial statemen | ts continued. |
||
|---|---|---|---|---|---|
| 2 Costs ofgenerating |
funds | ||||
| 2023 | 2022 | ||||
| f | f | ||||
| Property Costs | |||||
| Estate Agents collection charges and disbursements | 14,018 | 14,629 | |||
| Property Management | Charges | 23,573 | 16,438 | ||
| Repairs —general | 25,723 | 18,787 | |||
| Council tax | on empty | properties | 105 | 61 | |
| 63,419 | 49,915 | ||||
| Other costs | |||||
| Legal administration | charge | 19,879 | 7,590 | ||
| Investment | managers' | fees | 1,399 | 1,528 | |
| Independent | examiner's fees | 1500 | 1500 | ||
| 86197 | ~60533 | ||||
| 3Investment | Income | 2023 | 2022 | ||
| f | E | ||||
| Dividend income |
|||||
| 2 780 | 2 122 | ||||
| 4 Net Gains | on Investments | ||||
| 2023 | 2022 | ||||
| E | f | ||||
| Realised gain on quotedinvestment | 1,875 | 3,214 | |||
| (losses)/gains | on quoted investments | ~12446 | 2 351 | ||
| ~10571 | 5565 | ||||
| 5 Freehold Properties | |||||
| E | |||||
| Balance at | beginning | 2,040,00 | |||
| Additions | |||||
| Disposals | |||||
| Revaluation | |||||
| Balance at | end ofyear | 2,040,000 |
| E | |||
|---|---|---|---|
| Balance at beginning | ofyear | 157,435 | |
| Transfer to client account | (20,0000) | ||
| Investment managers |
fees | (1,399) | |
| Gains on sales ofinvestment | 1,875 | ||
| Decrease in Market value | ~12446 | ||
| Balance at end ofyear | 125465 | ||
| Quoted investments | ofhistorical costs at 5'" April 2023 | 118299 | |
| 7Creditors | 2023 | 2022 | |
| Professional charges |
E | E | |
| Independent Examiner Fees |
1,500 | 1,500 | |
| Legal administration | charges | 2,640 | |
| Other creditors | 660 | 660 | |
| ~2160 | ~4800 |