| Dukes Court (Lewisham) Residents Company Limited - Service Charge Accounts | |||||
|---|---|---|---|---|---|
| Plan 2017 | Forecast Outturn | ||||
| Income & Expenditure - Budget | 2018 | 2019 | 2020 | ||
| Income - service charges to 31 March | Service Charge | £14,000 | £13,500 | £13,500 | £13,500 |
| Interest & Other Income | £0 | £0 | £0 | £0 | |
| Total Actual Service Charge Income | £14,000 | £13,500 | £13,500 | £13,500 | |
| Expenditure - Represents each catagory of expenditure budgeted for management of the block. | Building Insurance | £2,508 | £2,344 | £2,399 | £2,393 |
| Directors Insurance | £161 | £136 | £136 | £136 | |
| General Repairs | £3,000 | £3,632 | £3.500 | £3.500 | |
| Caretaking | £3,360 | £3,575 | £3,215 | £2,914 | |
| Filing Fee | £15 | £146 | £15 | £15 | |
| Management Fees | £2,500 | £2,312 | £2,500 | £2,500 | |
| Electricity | £335 | £290 | £263 | £259 | |
| Accountancy & Consulting | £1,200 | £1,200 | £1,200 | £1,200 | |
| Major Works | £0 | £0 | £0 | £0 | |
| Legal Fees | £0 | £0 | £0 | £0 | |
| Bank Charges | £21 | £34 | £20 | £12 | |
| Other | £0 | £0 | £0 | £0 | |
| Total Budgeted Expenditure | £13,100 | £13,667 | £13,249 | £12,930 | |
| Net - (deficit) / surplus for the year | (Deficit / Surplus | £900 | £(167) | £251 | £570 |
| Reserves Balance B/Fwd | £10,974 | £11,874 | £11,707 | £11,957 | |
| Reserves Balance C/Fwd | £11,874 | £11,707 | £11,957 | £12,528 | |
| BALANCE SHEET - BUDGET | |||||
| Current Assets - as at 31 March | Service Charge Debtors | £500 | £167 | £56 | £19 |
| Cash | £11,386 | £11,552 | £11,914 | £12,521 | |
| Total Budgeted Current Assets | £11,886 | £11,719 | £11,969 | £12.540 | |
| Capital & Reserves - as at 31 March | Share Capital | £12 | £12 | £12 | £12 |
| Maintenance Reserve Fund | £11,874 | £11,707 | £11,957 | £12,528 | |
| Total Capital & Reserves (asssets less liabilities) | £11,886 | £11,719 | £11,969 | £12.540 | |
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