Annex
ACCOUNTS GIBRALTAR COMMUNITY CARE LIMITED
1995-96
GIBRALTAR COMMUNITY CARE LIMITED (COMPANY
LIMITED BY GUARANTEE)
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR
ENDED 30 JUNE 1996
| |
Notes | 1996
£
| 1995
£ |
| Income | 2
| 63,033,192 | 3,465,000
|
| Allowances | 3
| (3,986,117) | (3,450,363)
|
| |
| 59,047,075 | 14,637
|
| Administrative expenses | 10
| (108,166) | (50,754)
|
| |
| 58,938,909 | (36,117)
|
| Bank interest receivable |
| 21,290 | 1,753
|
| Loan interest receivable |
| 3,416,856 | —
|
| Rent receivable |
| 94,560 | —
|
| Surplus/(deficit) for the year |
| £62,471,615 | £(34,364)
|
| Accumulated fund |
| |
|
| Balance at 1 July 1995 |
| 28,658 | 63,022
|
| Surplus/(deficit) for the year |
| 62,471,615 | (34,364)
|
| Accumulated fund at 30 June 1996 |
| £62,500,273 | £28,658
|
There were no recognised gains and losses other than the
surplus for the year.
None of the company's activities was acquired or discontinued
during the year.
SPECIAL FUNDS
SOCIAL ASSISTANCE FUND
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 1991
| | £
| £ |
FUND ACCOUNT Receipts
Contribution from the Consolidated Fund
| | 10,000,000.00
|
| Interest Earned |
| 1,445,350.33 |
| |
| 11,445,350.33 |
Payments
Grant to Gibraltar Community Care Trust
| 11,750,000.00 |
|
| Supplementary Benefits | 1,086,694.97
| |
| Family Support Benefits | 1,025,574.10
| |
| Elderly Persons Allowance | 310,691.43
| |
| Rent Relief | 207,215.40
| |
| Management Charges | 132,000.00
| |
| Retirement Allowance | 18,360.96
| |
| Relief Payments Abroad | 3,729.21
| |
| Miscellaneous Payments | 77.97
| |
| |
| 14,534,344.04 |
| Net Payments |
| (3,088,993.71) |
INVESTMENT ACCOUNT
Increase In Investments
Net Purchases of Investments
| | 3,500,000.00
|
| Interest Earned |
| 13,972.56 |
| |
| 3,513,972.56 |
| Decrease in Investments |
| Nil |
| Net Increase in Investments |
| 3,513,972.56 |
SPECIAL FUNDS
SOCIAL ASSISTANCE FUNDS
BALANCE SHEET AS AT 31 MARCH 1991
| | £
|
| Assets |
|
| Investments on 1 April 1990 | Nil
|
| Net Increase in Investments during the year
| 3,513,972.56 |
| Investments on 31 March 1991 | 3,513,972.56
|
| Cash held by the Consolidated Fund | 1,913,994.22
|
| Total | £5,427,966.78
|
| Financed By |
|
| Fund Account Balance on 1 April 1990 | 8,516,960.49
|
| Less Net Payments during the year | (3,088,993.71)
|
| Fund Account Balance on 31 March 1991 | 5,427,966.78
|
STATEMENT OF INVESTMENTS ON 31 MARCH 1991 SHOWING MARKET
VALUE ON THAT DATE
| Description of stock | Nominal value
£
| Market price
%
| Cost
£ |
Net book value
on 31.3.91
£
|
Gibraltar Government
Savings Bank |
3,513,972.56 | 100.00
| 3,513,972.56 | 3,513,972.56
|
|
