| YEAR ENDED 31MARCH 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| RENTAL INCOME | ||
| Rents received | 44,622 | 33,294 |
| OTHER INCOME | ||
| Bank interest | 68 | |
| TOTAL INCOME | 44,690 | 33,296 |
| OVERHEADS | ||
| Caretaking and cleaning |
9,846 | 7,404 |
| Gas | 3,644 | 4,446 |
| Electricity | 3,407 | 2,657 |
| Sewerage | 1,426 | 1,661 |
| Water | 1,726 | 1,402 |
| Refuse | 468 | 425 |
| Insurance | 1,603 | 1,716 |
| Rates | 962 | 870 |
| Professional fees | 1,695 | |
| Sundries | 170 | 410 |
| 24,947 | 20,991 | |
| Maintenance | 2,670 | 2,071 |
| 27,617 | 23,062 | |
| REFURBISHMENT | ||
| Roof | 0 | 2,045 |
| Electrics | 5,164 | |
| 5,164 | 2,045 | |
| TOTAL EXPENDITURE | 32,781 | 25,107 |
| 11,909 | 8,189 |
| CURRENT ASSETS | CURRENT ASSETS | ||||
|---|---|---|---|---|---|
| Current Account Reserve Account |
44,876 15,000 |
32,788 15,000 |
|||
| 59,876 | 47,788 | ||||
| Debtors | |||||
| CURRENT UA8IUTIES | |||||
| Creditors | |||||
| (670) | |||||
| 59,876 | 47,967 | ||||
| ACCUMULATED | FUND | ||||
| Balance 1April | 47,967 | 39,778 | |||
| Surplus/(Deficit) | for the year | 11,909 | 8,189 | ||
| 59,876 | 47,967 |