| Page(s) | |||
|---|---|---|---|
| Company Information |
|||
| Report ofTrustees/Directors | |||
| Statement ofTrustees/Directors' | responsibilities | ||
| Revenue and Expenditure | Account | ||
| Balance sheet | 5 —6 | ||
| Notes | 7 —9 |
| Note | Note | 2023 | 2022 | |||
|---|---|---|---|---|---|---|
| Income | ||||||
| Rental Income | 15,480 | 20,460 | ||||
| Investment Income |
3,000 | 3,000 | ||||
| Charitable Donations |
1,200 | 0 | ||||
| Fair Value Gain on Investment | Property | 14,000 | 61,000 | |||
| Interest Received | 24 | 1 | ||||
| 33,704 | 84,461 | |||||
| Expenditure | ||||||
| School Bursaries | (0) | (9,000) | ||||
| Other Charitable Donations |
(0) | (100) | ||||
| Property Management |
Fees | (1,397) | (2,105) | |||
| Property Repairs Ec Maintenance |
(16,534) | (1,748) | ||||
| Property Insurance |
(746) | (644) | ||||
| Service Charge and Ground Rent | (20) | (169) | ||||
| General Rates | (237) | (0) | ||||
| Heating and Lighting |
(100) | (0) | ||||
| 19034 | ~13 766 | |||||
| Gross | Revenue | Surplus/(Deficit): | 14,670 | 70,695 | ||
| Overheads | ||||||
| Meeting costs | (100) | (0) | ||||
| Office Expenses | 3 | ~3000 | ~3000 | |||
| 3 100 | ~3000 | |||||
| Net Revenue Surplus/(Deficit): | 11,570 | 67,695 | ||||
| Other Payments and |
Provisions | |||||
| Legal and Professional | Fees | (2,282) | (960) | |||
| Audit and Accountancy Consultancy Fees |
Fees | (1,950) ~550 |
(1,950) ~550 |
|||
| 4 782 | 3 460 | |||||
| Transfer to Unrestricted | Funds: | 6,788 | 64,235 | |||
| Net Surplus/(Deficit): |
| Note | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Land and Buildings | 385,000 | 371,000 | |||||
| Intangible Assets |
0 | ;0 | |||||
| 385,000 | 371,000 | ||||||
| Current assets |
|||||||
| Debtors | 42,284 | 38,450 | |||||
| Investments | 0 | 0 | |||||
| Cash at bank and in hand | 4,340 | 8,924 | |||||
| 46,624 | 47,374 | ||||||
| Creditors: amounts | falling | due | |||||
| within one year |
8 | (6,706) | (244) | ||||
| Net current assets | 39,918 | 47, | 130 | ||||
| Total Assets less Total Liabilities | 424,918 | 418,130 | |||||
| Funds and reserves | I | ||||||
| Unrestricted Funds |
424,918 | 418,130 | |||||
| Restricted Funds | 0 | 0 | |||||
| Total Funds Carried | Forward | 424,918 | 418,130 | ||||
| Movement in Funds |
|||||||
| Unrestricted Funds bought forwards |
at | 1"September | 2022 | 418,130 | |||
| Deficit for the year to 31"August 2023 | 6,788 | ||||||
| Unrestricted Funds Carried forward |
at 31"August 2023 | 424,918 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Mr | Robert | C.Brittle | 3,000 | 3,000 |
| 5 Fixed assets |
|||
|---|---|---|---|
| Intangible | Land and | Total | |
| Assets | Buildings | ||
| Cost | |||
| At 01/09/22 | 371,000 | 371,000 | |
| Disposals | 0 | 0 | |
| Additions/Improvements | 0 | 0 | |
| Valuation Changes |
14 000 | 14000 | |
| At 31/08/23 | 385,000 | 385,000 | |
| Depreela1i on | |||
| At 01/09/22 | |||
| Charge for the period | |||
| At 31/08/23 | |||
| Net book value | |||
| At 31/08/23 | 0 | 383000 | 385,000 |
| At 31/08/22 | 0 | 371,000 | 371,000 |
| 6 | Debtors | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Prepayments | and accrued | income | 6,000 | 3,000 | ||
| Other Debtors | 10,371 | 9,537 | ||||
| Loan —Penkhull Consultants |
Limited | 25,913 | 25,913 | |||
| 42,284 | 38,450 | |||||
| 7 | Cash at Bank and in Hand | |||||
| 2023 | 2022 | |||||
| Current Account | 4,340 | 5,000 | ||||
| Deposit Account | 0 | 3,858 | ||||
| Solicitor's Client Account | 0 | 0 | ||||
| Management | Co. Holding | Account | 0 | 66 | ||
| 4,340 | 8,924 | |||||
| 8 | Creditors | |||||
| 2023 | 2022 | |||||
| Other Creditors | 4,706 | 244 | ||||
| Accruals and | deferred income | 0 | 0 | |||
| Irrecoverable | grant commitments | 0 | 0 | |||
| Loans | 2,000 | 0 | ||||
| 6,706 | 244 |