| Note | Note | 2020 | 2019 | ||
|---|---|---|---|---|---|
| Income | |||||
| Rental Income | 20,149 | 19,740 | |||
| Investment Income |
3,000 | 3,056 | |||
| Fair Value Gain on Investment | Property | 31,680 | 0 | ||
| Interest Received | 3 | 7 | |||
| 54,832 | 22,803 | ||||
| Expenditure | |||||
| School Bursaries | (9,000) | (0) | |||
| Property Management Fees Property Repairs 4 Maintenance |
(2,194) (3,930) |
(2,537) (5,805) |
|||
| Property insurance | (743) | (740) | |||
| Letting and Advertising | Costs | 0 | (0) | ||
| Service Charge and Ground Rent | (71) | (69) | |||
| General Rates | (73) | (294) | |||
| Heating and Lighting |
(20) | (0) | |||
| 16031 | 9445 | ||||
| Gross Revenue | Surplus/(Deficit): | 38,801 | 13,358 | ||
| Overheads | |||||
| Meeting costs | (70) | (143) | |||
| Office Expenses | 3 | ~3000 | ~3000 | ||
| 3070 | 3 143 | ||||
| Net Revenue Surplus/(Deficit): | 35,731 | 10,215 | |||
| Other Payments and |
Provisions | ||||
| Legal and Professional | Fees | (1,588) | (202) | ||
| Audit and Accountancy Consultancy Fees |
Fees | (1,950) ~330 |
(1,885) ~183 |
||
| 4088 | 2 270 | ||||
| Transfer to Unrestricted Funds: |
31,643 | 7,945 | |||
| Net Surplus/(Deficit): |
| Note | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Land and Buildings | 310,000 | 278,320 | ||||
| Intangible Assets |
0 | 2 | ||||
| 310,000 | 278,322 | |||||
| Current assets | ||||||
| Debtors | 34,005 | 33,160 | ||||
| Investments | 0 | 0 | ||||
| Cash at bank and in hand | 10,069 | 9,953 | ||||
| 44,074 | 43,113 | |||||
| Creditors: amounts | falling | due | ||||
| within one year | 8 | (1,242) | (246) | |||
| Net current assets | 42,832 | 42,867 | ||||
| Total Assets less Total Liabilities | 352,832 | 321,189 | ||||
| Funds and reserves | ||||||
| Unrestricted Funds |
352,832 | 321,189 | ||||
| Restricted Funds | 0 | 0 | ||||
| Total Funds Carried | Forward | 352,832 | 321,189 | |||
| Movement in Funds |
||||||
| Unrestricted Funds bought forwards |
at 1"September | 2019 | 321,189 | |||
| Surplus for the year to 31"August | 2020 | 31,643 | ||||
| Unrestricted Funds Carried forward |
at 31"August 2020 | 352,832 |
| 5 Fixed assets |
|||
|---|---|---|---|
| Intangible | Land and | Total | |
| Assets | Buildings | ||
| Cost | |||
| At 01/09/19 | 2 | 278,320 | 278,322 |
| Disposals | (2) | 0 | (2) |
| Additions/Improvements | 0 | 0 | 0 |
| Valuation Changes |
0 | 31680 | 31680 |
| At 31/08/20 | 0 | 310,000 | 310,000 |
| Depreciation | |||
| At 01/09/19 | |||
| Charge for the period | |||
| At 31/08/20 | |||
| Net book value | |||
| At 31/08/20 | 0 | 310000 | 310000 |
| At 31/08/19 | 2 | 278,320 | 278,322 |
| Subsidiary | UK | Share | Total capital | |
|---|---|---|---|---|
| Company number |
Holing | and reserves | ||
| StDominic's | 09037231 | |||
| Estates Ltd | ||||
| StDominic's | 09036744 | |||
| Investments | Ltd |
| 6 | Debtors | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Prepayments | and | accrued income | 0 | 687 | ||
| Other Debtors | 8,092 | 6,560 | ||||
| Loan —Penkhall | Consultants | Limited | 25,913 | 25,913 | ||
| 34,005 | 33,160 | |||||
| 7 | Cash at Bank and in Hand | |||||
| 2020 | 2019 | |||||
| Current Account | 5,000 | 5,000 | ||||
| Deposit Account | 4,923 | 4,607 | ||||
| Solicitor's Client | Account | 80 | 80 | |||
| Management | Co.Holding Account | 66 | 266 | |||
| 10,069 | 9,953 | |||||
| 8 | Creditors | |||||
| 2020 | 2019 | |||||
| Other Creditors | 242 | 246 | ||||
| Accruals and | deferred income | 1,000 | 0 | |||
| Irrecoverable | grant commitments | 0 | 0 | |||
| 1,242 | 246 |