TENANT MANAGEMENT ORGANISATION

MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010

All figures in '000

ANNUAL FORECAST POSITION TO DATE

% Variance Variance from % Variance

Annual Budget Annual Forecast Variance from from Annual Budget to Spend/ Income Budget to from Budget
TMO COMPANY BUDGETS (Original) (Current Month) Budget Budget Date YTD Date to Date
A B C (B-A) D(C/B) E F G (F/E) H (G/E)
Management fee #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Capital Programme Team fee #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Community Alarm Service Income #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Other Income #N/A #N/A #N/A #N/A #N/A 207 #N/A #N/A
#N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A

People costs #N/A #N/A #N/A #N/A (7,281) #N/A #N/A #N/A
Establishment costs #N/A #N/A #N/A #N/A (1,484) #N/A #N/A #N/A
Service delivery costs #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Support costs #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Vacancy Factor 417 0 (417) -100% 313 0 (313) -100%
Unidentified Savings 217 0 (217) -100% 179 0 (179) -100%
#N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A

Surplus/(Deficit) before Tax #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A

Corporation Tax 0 481 0 481

Revised Surplus/(Deficit) after Tax #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A

EXCEPTION REPORTING - FORECAST AT +/- 10%

Cause for concern Room for Improvement Good

TENANT MANAGEMENT ORGANISATION DIVISIONAL REPORTING
MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010
All figures in '000

ANNUAL FORECAST POSITION TO DATE

% Variance Variance from % Variance

Annual Budget Annual Forecast Variance from from Annual Budget to Spend/ Income Budget to from Budget
CEO (Original) (Current Month) Budget Budget Date YTD Date to Date
A C D (C-A) E(D/B) I J K(J-I) L(K/I)
Management fee 10,730 10,730 0 0% 9,067 9,067 0 0%
Other Income 0 27 27 0% 0 22 22 0%
10,730 10,757 27 0% 9,067 9,088 22 0%

People costs (1,016) (1,038) (23) 2% (846) (884) (38) 5%

Establishment costs (108) (87) 21 20% (90) (74) 17 -19%
Service delivery costs (24) (18) 6 -26% (20) (14) 6 -31%
Vacancy Factor 45 0 (45) -100% 37 0 (37) -100%
Unidentified Savings 217 0 (217) -100% 181 0 (181) -100%
(886) (1,143) (257) 29% (739) (972) (15) 2%

Corporation Tax 0 481 481 100% 0 481 481 100%

Surplus/(Deficit) before Tax 9,844 10,095 251 3% 8,328 8,597 487 6%

EXCEPTION REPORTING - FORECAST AT +/- 10%

Cause for concern Room for Improvement Good

TENANT MANAGEMENT ORGANISATION DIVISIONAL REPORTING
MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010
All figures in '000

ANNUAL FORECAST POSITION TO DATE

% Variance Variance from % Variance

Annual Budget Annual Forecast Variance from from Annual Budget to Spend/ Income Budget to from Budget
TECHNICAL (Original) (Current Month) Budget Budget Date YTD Date to Date
A C D (C-A) E(D/B) I J K(J-I) L(K/I)
Capital Programme Team fee 455 455 0 0% 379 335 (45) -12%
Internal Transfers (40) (40) 0 0% (33) (28) 5 -16%
Other Income 48 98 50 105% 40 10 (30) -74%
463 513 50 11% 386 317 (69) -18%

People costs (2,507) (2,618) (111) 4% (2,089) (2,143) (54) 3%

Establishment costs (74) (59) 15 0% (62) (36) 26 -42%
Service delivery costs (180) (181) (1) 1% (150) (156) (6) 4%
Vacancy Factor 119 0 (119) -100% 99 0 (99) -100%
(2,761) (2,858) (216) 8% (2,301) (2,335) (34) 1%

Surplus/(Deficit) before Tax (2,298) (2,345) (166) 7% (1,915) (2,018) (103) 5%

EXCEPTION REPORTING - FORECAST AT +/- 10%

Cause for concern Room for Improvement Good

TENANT MANAGEMENT ORGANISATION DIVISIONAL REPORTING
MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010
All figures in '000

ANNUAL FORECAST POSITION TO DATE

% Variance Variance from % Variance

Annual Budget Annual Forecast Variance from from Annual Budget to Spend/ Income Budget to from Budget
HR (Original) (Current Month) Budget Budget Date YTD Date to Date
A C D (C-A) E(D/B) I J K(J-I) L(K/I)
Other Income 51 16 (35) -68% 43 16 (26) -62%
51 16 (35) -68% 43 16 (26) -62%

People costs (649) (693) (44) 7% (541) (594) (53) 10%

Establishment costs (195) (198) (4) 2% (162) (154) 8 -5%
Support costs (163) (198) (35) 21% (136) (162) (26) 19%
Vacancy Factor 24 0 (24) -100% 20 0 (20) -100%
(1,007) (1,090) (107) 11% (839) (910) (71) 8%

Surplus/(Deficit) before Tax (956) (1,073) (142) 15% (796) (893) (97) 12%

EXCEPTION REPORTING - FORECAST AT +/- 10%

Cause for concern Room for Improvement Good

TENANT MANAGEMENT ORGANISATION DIVISIONAL REPORTING
MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010
All figures in '000

ANNUAL FORECAST POSITION TO DATE

% Variance Variance from % Variance

Annual Budget Annual Forecast Variance from from Annual Budget to Spend/ Income Budget to from Budget
HOUSING (Original) (Current Month) Budget Budget Date YTD Date to Date
A C D (C-A) E(D/B) I J K(J-I) L(K/I)
Internal Transfers 11 11 0 0% 9 9 0 0%
Community Alarm Service Income 430 457 26 6% 358 388 29 8%
Other Income 40 63 24 59% 33 39 6 18%
481 531 50 10% 401 436 35 9%

People costs (3,255) (3,201) 53 -2% (2,712) (2,647) 65 -2%

Establishment costs (427) (420) 6 -1% (355) (320) 35 -10%
Service delivery costs (672) (689) (17) 3% (560) (753) (193) 35%
Support costs (7) (6) 1 0% (6) (6) 1 0%
Vacancy Factor 162 0 (162) -100% 135 0 (135) -100%
(4,361) (4,317) (118) 3% (3,634) (3,726) (92) 3%

Surplus/(Deficit) before Tax (3,880) (3,786) (68) 2% (3,233) (3,290) (57) 2%

EXCEPTION REPORTING - FORECAST AT +/- 10%

Cause for concern Room for Improvement Good

TENANT MANAGEMENT ORGANISATION DIVISIONAL REPORTING
MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010
All figures in '000

ANNUAL FORECAST POSITION TO DATE

Variance from % Variance

Annual Budget Annual Forecast Variance from % Variance from Budget to Spend/ Income Budget to from Budget
FINANCE (Original) (Current Month) Budget Annual Budget Date YTD Date to Date
A C D (C-A) E(D/B) I J K(J-I) L(K/I)
Internal Transfers 27 40 13 48% 22 33 11 48%
Other Income 311 259 (52) 0% 260 105 (154) 0%
Total Income 338 299 (40) -12% 282 138 (144) -51%

People costs (1,353) (1,369) (16) 1% (1,127) (1,112) 15 -1%

Establishment costs (829) (844) (16) 0% (690) (638) 53 0%
Service delivery costs (130) (104) 26 -20% (108) (80) 29 -26%
Support costs (1,156) (766) 390 0% (964) (628) 336 0%
Vacancy Factor 68 0 (68) -100% 56 0 (56) -100%
(3,468) (3,082) 318 -9% (2,889) (2,457) 432 -15%

Surplus/(Deficit) before Tax (3,130) (2,784) 278 -9% (2,607) (2,319) 288 -11%

EXCEPTION REPORTING - FORECAST AT +/- 10%

Cause for concern Room for Improvement Good

TENANT MANAGEMENT ORGANISATION
BALANCE SHEET FOR PERIOD ENDED 31st January 2010
All figures in '000

POSITION AS AT

BALANCE SHEET 31st Jan 2010 31st Mar 2009

FIXED ASSETS
Tangible assets 462 645

CURRENT ASSETS: amounts falling due within one year

Trade debtors 271 445
Less: provision for bad debts (121) (121)
150 324
Other debtors 165 203
Prepayments and accrued income 112 164
Debtors 427 691
Cash at bank and in hand 2,055 2,315
2,482 3,006
CREDITORS: amounts falling due within one year
Trade creditors 11 613
Corporation tax (33) 33
Other taxes and social security 128 267
Other creditors 31 31
Accruals and deferred income 313 536
450 1,479
NET CURRENT ASSETS 2,032 1,526

TOTAL ASSETS LESS CURRENT LIABILITIES 2,494 2,171

NET ASSETS BEFORE DEFINED BENEFIT PENSION SCHEME LIABILITY 2,494 2,171

Defined benefit pension scheme liability (9,210) (9,210)

TOTAL NET LIABILITIES, INCLUDING DEFINED BENEFIT PENSION SCHEME DEFICIT (6,716) (7,039)

CAPITAL AND RESERVES

Profit and loss account excluding pension scheme deficit 2,494 2,171
Defined benefit pension scheme liability (9,210) (9,210)

Members' funds (6,716) (7,039)

TENANT MANAGEMENT ORGANISATION - BOARD REPORT
MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010
All figures in '000
ANNUAL FORECAST POSITION TO DATE
A B C (B-A) D (C/A) H I J (H-I) K (J/I)
Variance % Variance
Forecast from Forecast from Variance % Variance
Annual Budget Annual Forecast Annual Budget Annual Budget Actual to Budget to from Budget from Budget
HRA MANAGED BUDGETS (Revised) (Current Month) (Revised) (Revised) Date Date to Date to Date
Dwelling Rents #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Tenant Service Charges #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Leaseholder Service Charges #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Heating & Hot Water Charges #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Commercial Properties Rent Income #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Garage Rent Income #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Other Charges for Services & Facilities/Contributions Towards Expenditure #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Supporting People Contract Income #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Total Income #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A

Rents, Rates, Taxes and Other Charges #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Planned Maintenance #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Responsive Maintenance #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Planned Response Repairs #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Electricity, Heating & Hot Water #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Provision for Bad and Doubtful Debts #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Contract Cleaning #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Pest Control #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Refuse Collection #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
General Management #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Area Revenue Works #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Total Expenditure #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A

Transfer To/From Reserves (HRA) #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A

Net Income/(Expenditure) #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
 TMO COMPANY BUDGETS 2009/10
TENANT MANAGEMENT ORGANISATION
MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010
All figures in '000

Reserves / 2009/10
Allocation Annual 2009/10 Total Current Funds Uncommitted 2009/10
Brought Budget Funds Committed on Actual Spend Spend to Year Forecast for Full
Forward (Original) Available Academy Year to Date End Year
AREA REVENUE WORKS BUDGET A B C (A+B) D

LANCASTER WEST (31) (24) (55) 17 33 5 55

KENSAL (34) (24) (57) 42 62 (47) 57
NORTH KENSINGTON (24) (24) (47) 28 (30) 49 47
NOTTINGHILL (18) (24) (42) 29 10 3 42
PORTOBELLO (8) (24) (32) 2 6 23 32
BROMPTON (53) (28) (81) 1 1 79 81
CHELSEA (25) (28) (53) 0 10 43 53
WORLDS END (30) (15) (44) 0 0 43 44
SHELTERED (5) (10) (15) 0 3 12 15
UNALLOCATED (31) 0 (31) 0 0 31 31

AREA REVENUE WORKS BUDGET (258) (200) (458) 120 96 242 458

TMO REGENERATION ALLOCATION (135) (135) 29 51 135

GRAND-TOTAL (394) (200) (593) 149 147 242 593

Note: The forecast spend assumes that the brought forward reserves and current year alloaction will be fully utilised during the year.

file:///conversion/tmp/scratch/357919781.xls 06/14/2017 at 11:28:24

 Project Code
Total Forecast % Variance
Forecast Variance from
Variance from Current approved Project from current
Type Project Name Original Budget Expenditure for current Project Explanation of Variance (>50k)
Budget (All Years) Expenditure (All Project
year Budget
Years) Budget

In Contract
In ConG4016 22 Oakworth Road - Rear extension to 0 5,794 5,794 66,560 34,559 (32,001) (48%) Grant funded under extension & deconversion scheme
ground floor flat

In ConG4069 375 Portobello Road- Roof & Heating 0 449,727 449,727 0 496,709 496,709 100% Emergency H&S works Roof leak & failure of water pressure to reach
top of building

In ConG2248 6 Hesketh Place Windows and Roof CS 100,000 0 (100,000) 0 0 0 0% In ex-decs contract - repair rather than replace.

In ConG3017 Adair Rd 1-29 Roof Renewal 7,555 2,887 (4,668) 0 108,767 108,767 100% Project delayed. Origin of budget was in 2008/09 but had to be rolled
forward.

In ConG3800 Balfour of Burghley Security Phase 1 6,625 96,189 89,564 281,617 461,912 180,295 64% Practical completion delayed, hence budget rolled over

In ConG2127 Balfour Of Burleigh Roofs, Doors and 62,711 152,508 89,797 1,405,135 1,485,092 79,957 6% Forecast increased following advice of extra works from consultants
Concrete Repairs (largely additional concrete repairs).
In ConG4507 Cavity Wall Insulation Feasibility Study 72,000 7,180 (64,820) 271,559 189,753 (81,806) (30%) Mainly completed in 2008/09 - works included in another grant
funded project

G3248 Cavity Wall Insulation Phase 2 0 8,920 8,920 0 8,920 8,920 100%
(Boroughwide)
In ConG2141 Chelsea Manor Court Estate Roofs, Doors 15,000 26,297 11,297 499,808 499,005 (803) 0%
and Balcony

In ConG3241 Chelsea Manor Court: Windows 0 4,621 4,621 716,442 637,036 (79,406) (11%) works cost under budget estimate

In ConG4501 Commercial Properties 100,000 68,764 (31,236) 100,000 72,000 (28,000) (28%) Rolling budgetshown. In year budget 100k, forecast spend 72k.

NYC G4510 Sundry Heating Improvements 950,000 879,545 (70,455) 1,100,500 1,287,906 187,406 17% Replaces G4502

In ConG3246 Cremorne Estate: Lift Renewal 568,500 584,116 15,616 1,189,365 1,248,834 59,469 5% Adjusted to reflect new tender and programme

In ConG5019 Decent Homes Outstanding Properties 0 68,642 68,642 0 0% Minor outstanding works and fees. Current year only
TRANCHE 4
In ConG4505 DES renewal programme 200,000 132,910 (67,090) 244,613 181,290 (63,323) (26%) Revised by tender

In ConG4500 Elgin Mews 6,545 202,812 196,267 212,094 222,515 10,421 5% Project redefined. Within new budget approved in current year.

In ConG3379 Elm Park Gardens: External Repairs 335,500 581,370 245,870 18,500,432 18,082,938 (417,494) (2%) Provision for fluctuations clause included in current year.
G3384 External Works, Roads, Parking and Paving 175,000 174,640 (360) 0 174,640 174,640 100% Works now authorised against original allocation.
- Anne Lane Cremorne

In ConG4508 Feasibility Lift Monitoring 0 8,145 8,145 8,429 16,574 8,145 97%
In ConG3463 Finborough Road, 63 & 65-windows 0 5,147 5,147 0 6,731 6,731 100%
In ConG3466 Fire Risk Assessments (Boroughwide) 0 19,296 19,296 0 19,296 19,296 100%

In ConG2234 Grenfell Tower Windows and Roof 16,000 63,772 47,772 7,350 784,932 777,582 10579% Originally in 2008-09 budget. Project start held followingaccident.
Cost rolled into 2009/10

In ConG3637 Holland and Elsham: Roof / Dec 0 87,515 87,515 1,597,317 1,830,325 233,008 15% Release of retention only
In ConG3624 Holmfield House - Heating & windows 0 275 275 1,714,065 1,714,340 275 0% No capital works required this year.

In ConG2305 Lancaster West Stage 1 Windows, Doors 350,584 152,120 (198,464) 185,330 225,908 40,578 22% Scope of works reduced from original allocation. Marginal overspend
and Balconies on revised budget.

In ConG4051 Pembridge Crescent 18 - Structural 0 71,090 71,090 77,146 81,007 3,861 5% New emergency works required

In ConG2154 Review Of Disability Discrimination Act 300,000 156,628 (143,372) 300,000 250,000 (50,000) (17%) Slower than anticipated tender process. Unlikely the programme can
be accelerated to recover from the delayed start. Expenditure
adjusted accordingly.

In ConG2162 Trellick Tower All Phase s 2,907,410 2,738,966 (168,444) 9,974,838 9,564,502 (410,336) (4%) Work more difficultand progressing slower than originally projected.
Some cost will roll into 2010/11
In ConG4349 Walnut Tree house - windows 0 8,529 8,529 1,827,068 102,313 (1,724,755) (94%) Replaced by G4405
In ConG4405 Walnut Tree House & 63/65 Finborough 1,471,718 1,227,612 (244,106) 1,381,147 1,336,663 (44,484) (3%) Forecast revised following tenders. In line with budget.
Road - Roof Renewal

In ConG4404 Warwick Road 415,000 1,110,151 695,151 1,914,000 1,910,332 (3,668) 0% Start of project delayed

In ConTMP9 Water Mains Booster Pumps 100,000 0 (100,000) 3,700,000 3,000,000 (700,000) (19%) Now G4069 375 Portobello Road, rolled forward from 2008/09

10
 Project Code
Total Forecast % Variance
Forecast Variance from
Variance from Current approved Project from current
Type Project Name Original Budget Expenditure for current Project Explanation of Variance (>50k)
Budget (All Years) Expenditure (All Project
year Budget
Years) Budget

In Contract
In ConG4016 22 Oakworth Road - Rear extension to 0 5,794 5,794 66,560 34,559 (32,001) (48%) Grant funded under extension & deconversion scheme
ground floor flat

In ConG4069 375 Portobello Road- Roof & Heating 0 449,727 449,727 0 496,709 496,709 100% Emergency H&S works Roof leak & failure of water pressure to reach
top of building

In ConG4388 Wiltshire Close: Lifts 69,033 768,489 699,456 4,430,175 5,425,844 995,669 22% Phase 1 delayed & cost rolled over, contractor now in liquidation.
New contractor appointed to start 14 january. Accelerated
programme submitted by new contractor
In Contract Totals 8,229,181 9,864,657 1,635,476 51,704,990 51,460,643 (244,347)

Not Yet Commissioned

In ConG4389 Worlds End Estate: Door Entry and CCTV 180,300 6,707 (173,593) 1,774,000 525,985 (1,248,015) (70%) Project removed from the 2009/10 programme - Original project
rejected by residents

G4396 Worlds End Estate: Walkways & Chutes 0 5,467 5,467 896,283 877,808 (18,475) (2%)
4&5

NYC 6/7 Runcorn Place - Windows/Roofs 50,000 0 (50,000) 0 0% Requirements not defined - omit
NYC Apollo House and Manning House Electrics 120,000 0 (120,000) 0 0% Requirements not defined- omit

NYC Brickbarn Close External 50,000 0 (50,000) 0 0% Requirements not defined -iclude in 2010/11
Repairs/Replacement
NYC TMP10 Digital TV 50,000 0 (50,000) 300,000 300,000 0 0% Now to be leased - no capital requirement

NYC Finborough Road (59 and 80-88) Windows 100,000 0 (100,000) 0 0% Requirements not defined -incude in 2010/11
and other Externals

NYC Flooring to Communal Areas (H&S 50,000 0 (50,000) 0 0% Requirements not defined
upgrades)
NYC G4503 Lift Monitoring 430,000 0 (430,000) 350,000 0 (350,000) (100%) Feasibility only : Cremorne identified as specific project.

NYC G4506 Lighting (emergency, block, street) 100,000 207 (99,793) 347,925 354,578 6,653 2% Covered by revenue

NYC G3959 Nursery Lane & Whitchurch: Sheltered 377,690 0 (377,690) 0 0 0 0% Rewiring undertaken last year, ahead of programme
Conversions

NYC Other External Repairs to 2010 (Edith 200,000 0 (200,000) 0 0% Requirements not defined -includein 2010/11
Grove, Little Chelsea House, 85 Ladbroke
Grove, 91 Oxford)
NYC TMP16 Rewiring Programme 250,000 0 (250,000) 1,200,000 1,200,000 0 0% Now in G4504

NYC G4504 Rising Mains 100,000 0 (100,000) 400,000 0 (400,000) (100%) On hold together with TMP16, pending clarification on landlords
testing regime.

NYC TMP1 Sundry Maintenance Projects arising from 100,000 0 (100,000) 0 0 0 0% No requirements identified - to be reallocated to cover wiltshire
HHSRS close lifts

Not Yet Commissioned Totals 2,157,990 12,381 (2,145,609) 5,268,208 3,258,371 (2,009,837)

Miscellaneous

In ConG5002 Capitalised Repairs 300,000 200,000 (100,000) 0 200,000 200,000 0% Forecast reduced - only a limited number will get on site this year.
Potential for including further Major Works Voids to be reviewed

G5000 Minor Capital works 4,163 4,163 0

NYC G2163 Technical Advice 50,000 37,139 (12,861) 50,000 347,110 50,000 100% rolling annual budget
G5950 Creditors Reserve-Final Accounts 0 (40,447) (40,447) 0 (10,920) (10,920) 100% Provision of 409,553 re Elm Park Gardens allocated to project

ZMiscG5020 Salary Holding Code 550,000 324,519 (225,481) 0 324,519 324,519 100% Reallocation of salaries by Finance Dept
Miscellaneous Totals 900,000 525,374 (374,626) 50,000 860,709 563,599
TOTAL 11,287,171 10,402,412 (884,759) 57,023,198 55,579,723 (1,690,585) (3%)

Trellick Tower - Detail, summarised

above
In ConG4273 Trellick Ph 3a - emerg. Light 4,000 15,012 11,012 - 169,280 169,280 100% Electrical Specification not acceptable. Delayed issue of tenders and
the site start. The cost rolled over into next year.

11
 TMO COMPANY BUDGETS 2009/10
TENANT MANAGEMENT ORGANISATION
MANAGEMENT REPORTING FOR PERIOD ENDED 31st January 2010
CURRENT HRA DEBT POSITION

Description End March End March End March End March End April End May End June End July End August End September End October End November End December End January
2006 2007 2008 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 2010

Tenant 1,091,952 1,431,589 1,605,293 1,714,677 1,658,084 1,816,923 1,782,238 1,836,451 1,870,530 1,733,033 1,889,377 1,896,873 1,806,652 1,825,388

Leasehold - Service Charges 1,443,648 1,782,135 2,509,079 1,779,274 1,420,801 1,156,484 865,155 1,186,587 988,660 794,820 1,448,888 1,208,451 1,585,987 1,335,672

Leasehold - Major Works 4,213,934 4,947,427 4,850,423 5,482,059 5,270,349 5,085,462 5,581,215 5,250,900 5,041,851 4,778,919 4,814,075 4,606,290 4,769,230 4,568,164

Total Debt 6,749,534 8,161,151 8,964,796 8,976,009 8,349,234 8,058,869 8,228,608 8,273,938 7,901,041 7,306,772 8,152,340 7,711,613 8,161,869 7,729,224

Current Payment Plans at 31st January 2010

Leasehold - Service Charges 58,138

Leasehold - Major Works 433,713

Total 491,851

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