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Van Riebeeckshof Master Home Owners Association
Budget 28 February 2026 1.069
Budget Actual Budget
February February February
Income 2026 2025 2025
TOTAL INCOME 1,702,848 1,621,455 1,618,497
Levies receivable 1,641,236 1,559,093 1,557,174
Interest 61,612 61,612 61,323
Other income 750 –
TOTAL EXPENSES 1,745,520 1,604,653 1,640,780
ADMINISTRATION EXPENSES 274,344 240,279 262,641
Accounting & Audit fees 4,649 4,428 4,649
Advertising & Promotions 9,000 1,241 9,000
AGM Costs 8,500 6,805 8,500
Audit Fees 11,544 10,994 10,494
Bank Charges 3,302 3,153 3,120
Web developments 5,000 5,000
Management Fees Nolands 180,544 174,880 177,010
Insurance 16,480 12,812 14,068
Electricity rebate 16,824 15,139 15,300
General Expenses 18,500 10,827 15,500
ENVIRONMENTAL & ARCHITECTURE 200,688 57,120 206,007
Landscaping Contractor (Eden) 155,088 142,932
Management Fees – Architecture 45,600 57,120 63,075
CONSULTING AND LEGAL 20,000 36,000 20,000
Legal Fees 15,000 15,000
Consultancy fees 5,000 36,000 5,000
SECURITY EXPENSES 752,437 877,208 735,160
Security ADT 634,047 595,623 595,350
LPR Camera Data 7,240 7,240
LPR Camera Monitoring 24,000 24,828 24,000
Maintenance – Electric Fence/common areas 256,757 63,600
Maintenance – Electric Fence/ADT 48,000
Maintenance – Electric Fence/Eden Garden services 39,150
Shock electric 8,970
Welgemoed Safe 36,000
DONATIONS AND MEMBERSHIP FEES 218,051 200,232 202,640
Wetlands Donation 10,000 10,000 10,000
VRH Valley NPC 208,051 190,232 192,640
PROJECT EXPENSES 280,000 193,814 214,332
Projects – Security (additional patrol vehicle) 240,000 187,502 116,500 Projects – Environment (enhance common areas) 40,000 6,312 97,832
Net operating surplus -42,672 16,802 -22,283
Taxation -8,108 3,109 –
Net (loss)/income -34,564 13,693 -22,283
Reserves brough forward 543,062 529,369 534,558
Reserves carried forward 508,498 543,062 512,275
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