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|Trustees:||Vacancy for Secretary|
|---|---|---|
|||Mr R.H. Ayre|
|||Mr R.P. Ayre|
|||Mr D. Clark|
|||Mr J.Fox|
|||Mr M. Geen|
|||Mr W. Geen (Chairman)|
|||Mr S.Kellaway|
|||Mr P. Parker|
|||Mrs R.J.Taylor (Treasurer)|
|||Mr C.Whinney|
|Principal Office:||Coombesh cad|
|||South Molton|
|||Devon|
|||EX363ER|
|Bank:||Nat West|
|||41 High Street|
|||Barnstaple|
|||Devon|
|||EX31 1DA|
|Independent|Examiner:|Stevens 8 Willey|
|||Grenville
House|
|||9 Boutport Street|
|||Barnstaple|
|||Devon|
|||EX31 1TZ|
||CONTENTS|||
|---|---|---|---|
|Page||||
|1-2|Trustees Report|||
||Independent
Examiner's||Report|
||Receipts 8 Payments|Account||
||Statement ofAssets|and|Liabilities|
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||||||2023|2022||
|---|---|---|---|---|---|---|---|
|RECEIPTS||||||||
|Rental Income||||||||
|Bakery Cottage||||8,400||7,250||
|Bradfords Cottage||||6,300||7,350||
|Hillside View No 1||||5,670||5,670||
|Hillside View No 2||||6,300||6,300||
|Mole Bridge House||||7,452||7,452||
|MBH Garage||||2,400||2,400||
|Painters Cottage||||8,400||8,400||
|Painters Paddock||||600||650||
|Old school Flat 1||||3,675||5,225||
|Old school Flat 2||||6,125||5,225||
|Old School Hall||||2,230||||
|Other Income|||||57,552||55,922|
|Wayleave||||17||17||
|Deposit from No 1 Old|School Flats|||525||||
|Deposit from new tenant||Bakery Cottage||||700||
|Deposit from new tenant||Old School Flat 2||475||475||
||||||1,017||1,192|
|Investment
Income||||||||
|Charity
Official Investment|||Fund|||||
||||||25||24|
|Bank Interest Received||||||||
|Reserve Account||||765||20||
||||||765||20|
||||||59,359||57,158|
|Total Income||||||||
|EXPENDITURE||||||||
|Insurance
(Old School)||||1,870||2,523||
|Insurance
(Houses)||||3,988||3,967||
|Property Repairs||||8,057||16,858||
|Electrical Testing||||259||1,071||
|Electricity||||443||370||
|Water||||769||696||
|Independent
Examination||Fee||384||360||
|Honoraria||||913||870||
|Property
Management|Fees|||11,431||9,921||
|Deposit Protection Service||||1,000||1,175||
|Printing Postage 8 Stationery||||127||128||
|Fire Alarm OS||||448||498||
|Surveyor Report Old School||||94||||
|Architect Old School development||||300||1,223||
|Pest Control||||120||||
|Chimney
Sweep||||||60||
|Sundries||||78||21||
|Hospitality||||||27||
|Rubbish
removal OS||||||120||
|Total Expenditure|||||30,291||39,888|
|Deficit/Surplus
for year prior||to|donations||29,068||17,270|
|Deficit/Surplus
foryear|||||29,068||17,270|
|Bank Balances 1st May 2022|||||133,372||116,102|
|Bank Balances at 30th April 2023||||F|162,439|F|133,372|
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|||||||||Monthly|Annual||
|---|---|---|---|---|---|---|---|---|---|---|
|Property||Tenant||||||Rent|Rent||
|Bakery Cottage||Messrs Fry & Bolton||||||E700|E8,400||
|Bradford's Cottage||Mr Lowe||||||E525|E6,300||
|Hillside View No 1||Messrs Lynch 8 Shaw||||||E473|E5,670 pa - Includes water||
|Hillside View No 2||Mr Ken Hildrew||||||E525|E6,300 pa - Includes water||
|Mole Bridge House||Mr D Peters||||||E621|E7,452||
|Mole Bridge Garage||Traditional
Finishes||||||E200|E2,400||
|Painters Cottage||Mr & Mrs. R|Partridge|||||E700|E8,400||
|Painters
Field||Mr 8 Mrs. R|Partridge|||||E50|E600||
|Old School Flat 2||Ms M McCarthy||||||E475|E5,700||
|Old School Flat 1||Ms N Brown||||||E525|E6,300||
|Investments|||||||||||
|45 Units||Charities
Official Investment|||Fund||Shares||||
|Recent valuations|have not been obtained||for the|investments|||or freehold|properties.|||
||||||||||2023|2022|
||||||||||E|E|
|Debtors|||||||||||
|Cash at Bank|||||||||||
|Current Account|||||||||1,000|1,000|
|Reserve Account|||||||||161,439|132,371|
||||||||||162,439|133,371|
|LIABILITIES|||||||||||
|Receipt in Advance|||||||||||
|Mr K Strickland - one months|||rent paid in advance||||||||
|2 Old|School Flats E375 paid||so far for deposit|||of|E475.||||
|Mr Partridge||paid one months|paddock rent||in|advance||||50|
|||||||||||50|
|Creditors|||||||||||
|Mr R Carder||- property
management||expenses||April||||891|
|EDF Fire &Smoke alarm at Old School||||||||||48|
|||||||||||939|