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 | |
Copyright 2016 © Bigham Consulting Solutions - All rights reserved - Tel: 07880 570 850 |