Van Riebeeckshof Homeowners Association
Finance

Budget 2025/26

1 June 2025 · 1 pages · 458 KB

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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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