Woodbury
Park Association
01/25/05Profit and Loss
January
through December 2004
Jan - Dec '04
Ordinary Income/Expense
Income
Membership Dues 28,496.56
Total Income 28,496.56
Expense
Christmas Decorations 160.21
Equipment Rental 100.00
Flowers 2,247.24
Grass cutting 5,130.00
Grass Fertilizer 1,703.10
Insurance
Liability Insurance 1,279.00
Total Insurance 1,279.00
Interest Expense
Finance Charge 35.00
Total Interest Expense 35.00
Internet 95.40
Licenses and Permits 20.00
Lien Expense 29.00
Mail Box Maintenance 5,771.29
Office Supplies 18.89
Postage and Delivery 214.56
Printing and Reproduction 59.21
Repairs
Equipment Repairs 689.00
Total Repairs 689.00
Sprinklers 1,140.00
Supplies
Office 81.01
Total Supplies 81.01
Tree & Shrub
Mulching and weeding 5,105.00
Tree & Shrub - Other 3,329.00
Total Tree & Shrub 8,434.00
Utilities
Gas and Electric 480.74
Water 2,905.05
Total Utilities 3,385.79
Weeding 300.00
Total Expense 30,892.70
Net Ordinary Income -2,396.14
Other Income/Expense
Other Income
Interest Income 4.46
Total Other Income 4.46
Net Other Income 4.46
Net Income -2,391.68
Page 1
Woodbury
Park Association
01/05/04Profit and Loss
January
through December 2003
Jan - Dec '03
Ordinary Income/Expense
Income
Membership Dues 28,500.00
Penalties 553.96
Reimbursed Expenses 1,500.00
Total Income 30,553.96
Expense
Christmas Decorations 191.98
Equipment Rental 95.00
Fence Maintenance 1,600.00
Flowers 2,436.00
Grass cutting 4,860.00
Grass Fertilizer 1,703.10
Insurance
Liability Insurance 1,079.00
Total Insurance 1,079.00
Interest Expense
Finance Charge 10.00
Total Interest Expense 10.00
Internet 95.40
Island Landscaping 1,180.05
Licenses and Permits 10.00
Mail Box Maintenance 160.00
Office Supplies 6.05
Postage and Delivery 104.60
Printing and Reproduction 14.42
Professional Fees
Legal Fees 6,094.00
Total Professional Fees 6,094.00
Repairs
Equipment Repairs 1,907.00
Total Repairs 1,907.00
Signs 2,600.00
Tree & Shrub 1,842.50
Utilities
Gas and Electric 475.03
Water 2,326.96
Total Utilities 2,801.99
Weed Barrier 650.00
Weeding 2,975.00
Total Expense 32,416.09
Net Ordinary Income -1,862.13
Other Income/Expense
Other Income
Interest Income 2.04
Total Other Income 2.04
Net Other Income 2.04
Net Income -1,860.09
O3 Actual vs A&F and 04
Budget
|
Category |
|
|
|
|
|
03 Budget |
|
03 A&F
|
|
04 Budget |
|
|
Water
bill |
|
|
|
|
|
2,327 |
|
2,327 |
|
2,327 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Insurance
Policy |
|
|
|
|
1,135 |
|
1,135 |
|
1,135 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sprinkler
services |
|
|
|
|
150 |
|
150 |
|
5,000 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Grass
Cutting |
|
|
|
|
5,580 |
|
5,220 |
|
5,220 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weeding
other than Flowers |
|
|
|
3,000 |
|
3,650 |
|
2,500 |
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Flowers |
|
|
|
|
|
2,436 |
|
2,436 |
|
2,436 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Main
Island Landscaping |
|
|
|
1,436 |
|
1,180 |
|
0 |
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lawn Care |
|
|
|
|
1,868 |
|
1,868 |
|
1,868 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tree
& Shrub Maint. |
|
|
|
|
1,698 |
|
1,599 |
|
3,600 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sign
Maint. |
|
|
|
|
2,600 |
|
2,600 |
|
0 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fence
Maint. |
|
|
|
|
1,600 |
|
1,600 |
|
0 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lighting
Maint. |
|
|
|
|
350 |
|
1,907 |
|
250 |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mail Box
Maint. |
|
|
|
|
1,685 |
|
350 |
|
2,000 |
||
|
Christmas
Decorations |
|
|
|
250 |
|
250 |
|
0 |
|||
|
Architectural
Com. Admin. |
|
|
|
1,000 |
|
6,594 |
|
1,000 |
|||
|
Lights
Operation |
|
|
|
|
600 |
|
513 |
|
513 |
||
|
Winter
Services |
|
|
|
|
300 |
|
300 |
|
300 |
||
|
Postage,
Rental, Supplies |
|
|
|
450 |
|
281 |
|
281 |
|||
|
Total |
|
|
|
|
|
28,465 |
|
33,960 |
|
28,430 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets
As of
December 31, 2003
Dec 31, '03
ASSETS
Current Assets
Checking/Savings
Checking Michigan National
Bank 3,611.00
Savings Michigan National
Bank 1,217.61
Total Checking/Savings 4,828.61
Accounts Receivable
Accounts Receivable 250.00
Total Accounts Receivable 250.00
Total Current Assets 5,078.61
TOTAL ASSETS 5,078.61
LIABILITIES & EQUITY
Equity
Opening Bal Equity 4,885.98
Retained Earnings 2,048.96
Net Income -1,856.33
Total Equity 5,078.61
TOTAL LIABILITIES & EQUITY 5,078.61
|
|