2025-26 South Park Court Budget (Schedule 1) Proposal
This doesn't include Reserves which are covered in a separate section. Both will be combined in official communications about the Service Charge.
| Category | Subcategory | 2024–25 Budget | 2024–25 Actual | 2025–26 Draft Budget |
| Insurances | Buildings Insurance | £ 22,000.00 | £ 37,316.56 | £ 24,000.00 |
| Directors’ Liability Insurance | £ 220.00 | £ 204.20 | £ 220.00 | |
| Engineering Insurance | £ 1,500.00 | £ 1,836.77 | £ 2,021.00 | |
| Utilities | Electricity Internal | £ 3,000.00 | £ 2,137.35 | £ 3,500.00 |
| Repairs / Maintenance | Building Repairs (Internal) | £ 1,500.00 | £ 3,014.25 | £ 2,500.00 |
| Electrical Repairs | £ 2,500.00 | £ 696.00 | £ 2,500.00 | |
| Lift Maintenance | £ 5,000.00 | £ 3,948.00 | £ 4,500.00 | |
| Gates | £ 1,500.00 | £ 1,422.00 | £ 1,500.00 | |
| Escape of Water | £ - | £ 11,103.48 | £ - | |
| Gutters | £ 450.00 | £ 450.00 | ||
| Drains | £ 1,850.00 | £ 395.00 | £ 1,000.00 | |
| Building Repairs (External) | £ 6,000.00 | £ 2,142.00 | £ 5,000.00 | |
| Doors/Intercom | £ 400.00 | £ 3,428.40 | £ 1,000.00 | |
| TV Systems | £ 200.00 | £ 200.00 | ||
| Health & Safety | FRA etc. Assessments | £ 2,000.00 | £ 2,000.00 | |
| Emergency Lighting | £ 200.00 | £ 360.00 | £ 360.00 | |
| Fire Systems | £ 1,000.00 | £ 800.00 | ||
| CCTV | £ 350.00 | £ 500.00 | ||
| Cleaning | Cleaning (Internal) | £ 8,500.00 | £ 6,933.30 | £ 8,500.00 |
| Specialist Cleaning | £ 700.00 | £ 756.00 | £ 750.00 | |
| Window Cleaning | £ 275.00 | £ 2,116.53 | £ 1,000.00 | |
| Gardening | Gardening | £ 9,000.00 | £ 7,532.00 | £ 9,500.00 |
| Tree Surgery | £ 1,000.00 | £ 1,000.00 | ||
| Refuse | Non-domestic Waste | £ 150.00 | £ 854.14 | £ 900.00 |
| Administration | Bank Charges | £ 60.00 | £ 90.00 | |
| Postage & Stationery | £ 100.00 | £ 100.00 | ||
| Professional Fees | Managing Agent Fees | £ 6,778.00 | £ 13,947.50 | £ 7,500.00 |
| Secretarial Fees | £ 300.00 | £ 350.00 | ||
| Audit & Accountancy | £ 800.00 | £ 932.00 | ||
| Surveys | £ 5,000.00 | £ - | ||
| Total | £ 82,333.00 | £ 100,143.48 | £ 82,673.00 |