| INCOME | |||
|---|---|---|---|
| Rent received | 29,037 | 24,349 | |
| Dividends and Bank |
Interest | 57 | 9 |
| Total Income | 29,094 | 24,358 | |
| EXPENDITURE | |||
| Legal &Professional fees Administrative expenses |
1,092 2,500 |
2,500 | |
| Light 8 Heat Water and Business |
Rates | 10,694 1,290 |
4,874 2,215 |
| Insurance | 1,110 | 1,002 | |
| Building Maintenance | 12,283 | 14,631 | |
| Total Expenditure | 28,969 | 25,222 | |
| NET INCOMING/(OUTGOING) RESOURCES |
125 | (864) | |
| Gains/(Losses) on Investments |
(6,551) | 10,696 | |
| NET SURPLUS/(DEFICIT) | IN FUNDS | (6,426) | 9,832 |
| RESERVES BROUGHT FORWARD | 114,812 | 104,980 | |
| RESERVES CARRIED FORWARD | 108,386 | 114,812 |
| FIXEDASSETS | ||
|---|---|---|
| Investments (COIF Units) Deposits (CBF) |
66,268 3,314 |
72,819 3,314 |
| Total Fixed Assets | 69,582 | 76,133 |
| CURRENT ASSETS AND LIABILITIES | ||
| Cash at Bank | 42,846 | 45,805 |
| Debtors | ||
| Less Creditors | (4,042) | (7,126) |
| Total Net Current Assets | 38,804 | 38,679 |
| TOTAL ASSETS | 108,386 | 114,812 |
| RESERVES | ||
| - Endowment Fund |
3,314 | 3,314 |
| .Recoupment Fund Income Fund |
66,268 38,804 |
72,819 38,679 |
| Total Reserves | 108,386 | 114,812 |