| CONTENTS | PAGE | ||
|---|---|---|---|
| Report to The Trustees | on the preparation | ofthe | |
| unaudited accounts |
|||
| Income and Expenditure | Account | ||
| Balance sheet |
| YEA | R ENDED 28 FEBRUAR | Y 2023 | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| TURNOVER | |||||
| Residents contributions |
68,436 | 64,072 | |||
| Solar panels tariff | 1,924 | 1,163 | |||
| Charities deposit fund | interest | 315 | 5 | ||
| 70,675 | 65,240 | ||||
| EXPENDITURE | |||||
| EXPENSES | |||||
| Gardeners wages and |
materials | 14,348 | 13,928 | ||
| Nest pension | 1,018 | 996 | |||
| Administration charges |
6,700 | 6,300 | |||
| Rates and water | 483 | 464 | |||
| Light and heat | 636 | 636 | |||
| Insurance | 5,727 | 5,587 | |||
| Repairs and maintenance | 10,670 | 6,752 | |||
| Drainage services | 510 | 270 | |||
| Ventilation services |
1,199 | ||||
| Replacement windows |
1,493 | ||||
| Fascias and guttering | costs | 19,970 | 19,620 | ||
| TV licences | 68 | 75 | |||
| Legal and professional | fees | 660 | 660 | ||
| 61,989 | 56,781 | ||||
| SURPLUS OF INCOME OVER | EXPENDITURE | 8,686 | 8,459 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Note | F | F | E | ||
| CURRENT ASSETS | |||||
| Cash at bank | 70,422 | 61,736 | |||
| NET CURRENT ASSETS | 70,422 | 61,736 | |||
| NET ASSETS | 70,422 | 61,736 | |||
| FINANCED BY: | |||||
| CAPITAL ACCOUNT - The Trustees | |||||
| Balance Brought Forward | 61,736 | 53,277 | |||
| Net profit for the year | 8,686 | 8,459 | |||
| 70,422 | 61,736 |