| FOR THE YEAR END | ED 31DE | CEMBER 2022 | |||
|---|---|---|---|---|---|
| 2022 | |||||
| K | |||||
| Income | |||||
| Rents received | 96,825.00 | ||||
| 96,825.00 | |||||
| Expenditure | |||||
| Council tax | 141.79 | ||||
| Repairs and maintenance | - investment | properties | 12,004.94 | ||
| -Market Cross | 125.00 | ||||
| Management fees |
11,035.19 | ||||
| Tenancy and renewal fees | 830.00 | ||||
| Insurance -Charities |
556.48 | ||||
| Insurance —Public Liability |
245.80 | ||||
| Insurance - Property | 1,455.82 | ||||
| Insurance —Archaeolgists |
and Heritage | 710.56 | |||
| Secretarial services | 1,250.00 | ||||
| Legal and Professional | |||||
| Market Cross | 22,982.71 | ||||
| Accountancy | 600.00 | ||||
| 51,938.29 | |||||
| Net Income | 44,886.71 |
| 2022 | |||||
|---|---|---|---|---|---|
| B | |||||
| Investment property |
|||||
| Flats - Lake Street and Duncombe | Drive | 1,114,905.54 | |||
| -Jordon Court | 1,116,843.24 | ||||
| 2,231,748.78 | |||||
| Current | assets | ||||
| Balance | at bank - current account | 741,729.41 | |||
| 741,729.41 | |||||
| Total assets | 2,973,478.19 | ||||
| Less | |||||
| Current | liabilities | ||||
| Creditors and accrued expenses | 600.00 | ||||
| Surplus | ofassets over liabilities | 2,972,878.19 | |||
| Representing: | |||||
| Capital | account | ||||
| Brought | forward | 2,775,211.76 | |||
| 2,775,211.76 | |||||
| Income | account | ||||
| Brought | forward | 152,779.72 | |||
| Income | for the year | 44,886.71 | 197,666.43 | ||
| 2,972,878.19 |