Financial
Performance
| INCOME | £ |
% |
|
| Rental Income | 1,530,480 |
63.8 |
|
| Service Charges | 176,953 |
7.4 |
|
| Factoring etc | 62,207 |
2.6 |
|
| Wider Action | 24,135 |
1.0 |
|
| Revenue Grants | 209,664 |
8.7 |
|
| Supporting People | 85,388 |
3.6 |
|
| Plots Association | 224,064 |
9.3 |
|
| Interest Receipts | 51,562 |
3.2 |
|
| Total | 2,399,375 |
100 |
| EXPENDITURE | £ |
% |
|
| Services | 120,630 |
5.0 |
|
| Management | 341,488 |
14.2 |
|
| Maintenance | 575,652 |
24.0 |
|
| Cyclical Maint. | 147,172 |
6.1 |
|
| Major Repairs | 383.233 |
16.0 |
|
| Factoring etc | 49,101 |
2.0 |
|
| Wider Action | 37,093 |
1.5 |
|
| Com. Regeneration | 189,435 |
7.9 |
|
| CEL Projects | 21,795 |
0.9 |
|
| Supporting People | 144,755, |
6.0 |
|
| Interest Payments | 107,235 |
4.5 |
|
| Sub Total | 2,341,293 |
79.6 |
|
| Surplus | 57,882 |
2.4 |
|
| Total | 2,399,175 |
100 |
| BALANCE SHEET as at 31st MARCH 2004 | ||
£ |
£ |
|
| Fixed Assets (Housing etc) | 2,369639 |
|
| Current Assets (Debtors, Cash etc) | 2,114,235 |
|
| Current Liabilities ( Creditors) | (273,820) |
1,840,415 |
4,210,054 |
||
| Other Creditors ( Loans) | (1,691,248) |
|
2,518806 |
||
| Share Capital | 358 |
|
| Designated Reserves | 1,077,678 |
|
| Revenue Reserves | 1,440,770 |
2,518,448 |
2,518,806 |
||
| Capital Expenditure 2005/2006 | 27,161 |
|