Balance Sheet (Accrual) The Martinique at Tarpon Cove Condo Assn #3 (8592) May 31, 2018 Operating Reserves Total ASSETS Cash - Operations 110100.0000 Cash - Operating Acct 42,140.89 0.00 42,140.89 Total Operating Funds 42,140.89 0.00 42,140.89 1 6/11/2018 Cash for Reserves 112001.0000 Cash - Reserve Acct 0.00 93,017.61 93,017.61 Total Reserves Funds 0.00 93,017.61 93,017.61 Other Current Assets 120800.0000 Payments Receivable 379.65 0.00 379.65 Total Other Current Assets 379.65 0.00 379.65 Total Current Assets 42,520.54 93,017.61 135,538.15 Total Assets 42,520.54 93,017.61 135,538.15 LIABILITIES Current Liabilities 310100.0000 Accounts Payable 187.50 0.00 187.50 381010.0000 Prepaid 3,190.00 0.00 3,190.00 381100.0000 Other Advances 1,538.00 0.00 1,538.00 Total Current Liabilites 4,915.50 0.00 4,915.50 Total Liabilities 4,915.50 0.00 4,915.50 EQUITY Owners Equity 22,646.36 0.00 22,646.36 Current Year Income/(Loss) 15,897.56 0.00 15,897.56 Replacement Reserve Prior Years 0.00 89,155.23 89,155.23 Replacement Reserve Current Year 0.00 2,923.50 2,923.50 Total Equity 38,543.92 92,078.73 130,622.65 Total Liabilities and Owners Equity 43,459.42 92,078.73 135,538.15
Accrual Income Statement The Martinique at Tarpon Cove Condo Assn #3 (8592) For the period ending May 31, 2018 Page 1 6/11/2018 MTD MTD MTD YTD YTD YTD Annual Account Account Name Actual Budget $ Variance Actual Budget $ Variance Budget Operating Income 605000.0000 Association Fee 0.00 0.00 0.00 32,092.80 31,929.52 163.28 63,859.04 605220.0000 Master Association Fees 0.00 0.00 0.00 35,007.84 35,293.80 (285.96) 70,587.60 601450.0000 Working Capital Fees 0.00 0.00 0.00 700.00 0.00 700.00 0.00 602400.0000 Application Fee Income 100.00 0.00 100.00 100.00 0.00 100.00 0.00 602410.0000 Rental Application Fees 0.00 0.00 0.00 300.00 0.00 300.00 0.00 603800.0000 Late Fees 6.35 0.00 6.35 34.80 0.00 34.80 0.00 605730.0000 Reserve Income 0.00 0.00 0.00 5,619.36 5,496.66 122.70 10,993.34 Sub-total Income 106.35 0.00 106.35 73,854.80 72,719.98 1,134.82 145,439.98 681500.0000 Reserve Funding 0.00 0.00 0.00 (5,496.73) (5,496.66) (0.07) (10,993.34) Total Operating Income 106.35 0.00 106.35 68,358.07 67,223.32 1,134.75 134,446.64 Operating Expenses Utilities 610100.0000 Electric 62.66 66.67 4.01 337.73 333.35 (4.38) 800.00 610300.0000 Water/Sewer 3,152.22 1,583.40 (1,568.82) 8,995.86 7,916.60 (1,079.26) 19,000.00 Total Utilities 3,214.88 1,650.07 (1,564.81) 9,333.59 8,249.95 (1,083.64) 19,800.00 Maintenance 642760.0000 Termite Warranty 0.00 0.00 0.00 0.00 0.00 0.00 450.00 646600.0000 General Maintenance 0.00 1,080.75 1,080.75 3,540.26 5,403.77 1,863.51 12,969.04 649840.0000 Fire Alarm / Exting Service 0.00 0.00 0.00 0.00 1,000.00 1,000.00 2,000.00 649841.0000 Fire Equipment Repairs 187.50 0.00 (187.50) 580.32 750.00 169.68 1,500.00 Total Maintenance 187.50 1,080.75 893.25 4,120.58 7,153.77 3,033.19 16,919.04 Administrative Expense 660200.0000 Legal 0.00 41.67 41.67 0.00 208.35 208.35 500.00 660281.0000 Division Filing Fees 24.00 0.00 (24.00) 120.00 125.00 5.00 125.00 660300.0000 Auditing & Accounting Fees 75.00 0.00 (75.00) 75.00 75.00 0.00 75.00 660370.0000 Office Expense 27.16 54.17 27.01 322.74 270.85 (51.89) 650.00 663050.0000 Website Expense 0.00 0.00 0.00 0.00 350.00 350.00 350.00 681400.0000 Insurance 0.00 0.00 0.00 0.00 0.00 0.00 17,000.00 681625.0000 Flood Insurance 0.00 0.00 0.00 4,681.00 3,300.00 (1,381.00) 7,000.00 681650.0000 Master / General Assoc Fees 0.00 0.00 0.00 33,807.60 35,293.80 1,486.20 70,587.60 681700.0000 Contingency 0.00 120.00 120.00 0.00 600.00 600.00 1,440.00 Total Administrative 126.16 215.84 89.68 39,006.34 40,223.00 1,216.66 97,727.60
Accrual Income Statement The Martinique at Tarpon Cove Condo Assn #3 (8592) For the period ending May 31, 2018 Page 2 6/11/2018 MTD MTD MTD YTD YTD YTD Annual Account Account Name Actual Budget $ Variance Actual Budget $ Variance Budget Total Operating Expenses 3,528.54 2,946.66 (581.88) 52,460.51 55,626.72 3,166.21 134,446.64 Net Operating Income/(Loss) (3,422.19) (2,946.66) (475.53) 15,897.56 11,596.60 4,300.96 0.00 Net Income/(Loss) (3,422.19) (2,946.66) (475.53) 15,897.56 11,596.60 4,300.96 0.00
Capital Reserve Summary Report The Martinique at Tarpon Cove Condo Assn #3 (8592) Books = Accrual For the period ending May 31, 2018 Last Year Ending Prior Month Current Month Current Month Current Month YTD Account Account # Balance Balance Receipts Expenses Balance Expenses Fire Equipment Expense 870000.4310 2,000.00 3,000.00 0.00 0.00 3,000.00 0.00 Painting Expense 870000.4465 8,000.67 9,334.00 0.00 0.00 9,334.00 0.00 Roof 870000.4600 44,427.08 44,401.84 0.00 0.00 44,401.84 (2,634.84) Roof (Garages) 870000.4603 21,785.26 22,339.06 0.00 0.00 22,339.06 0.00 Special Assessment 870000.4690 0.00 (13.88) 0.00 0.00 (13.88) 0.00 Storage Expense 870000.4715 11,216.86 11,216.86 0.00 0.00 11,216.86 0.00 Sub-Total: 87,429.87 90,277.88 0.00 0.00 90,277.88 (2,634.84) Interest Income 870000.4995 1,725.36 1,785.05 15.80 0.00 1,800.85 0.00 Grand Total: 89,155.23 92,062.93 15.80 0.00 92,078.73 (2,634.84)
Expense Distribution Page 1 Property=8592 AND mm/yy=05/2018-05/2018 Account Code - Name Invoice Unpaid Check Vendor Code - Name Control Property Invoice # Date Period Amount Amount Check # Date Remarks 649841.0000 - Fire Equipment Repairs 75167 - Protection Plus of Southwest Fl... P-3685706 8592 20934-8592 05/01/2018 05/2018 187.50 187.50 Repaired beeping fire alarm system 11/21... Total 649841.0000 - Fire Equipment Repairs 187.50 187.50 660281.0000 - Division Filing Fees 76871 - Towne Properties Mgt. Co. Ltd. P-3701086 8592 5247 05/22/2018 05/2018 24.00 0.00 100242 05/24/2018 annual Subiz Renewal & Certificate Total 660281.0000 - Division Filing Fees 24.00 0.00 660300.0000 - Auditing & Accounting Fees 75289 - Rehmann Robson LLC, a Subsi... P-3696750 8592 RR439471 05/16/2018 05/2018 75.00 0.00 100241 05/17/2018 2017 Tax Return 1120-H (Invoice date 4/2/18) Total 660300.0000 - Auditing & Accountin... 75.00 0.00 286.50 187.50
The Martinique at Tarpon Cove Condo Assn #3 (8592) Page 1 General Ledger Period = May 2018 Book = Accrual ; Tree = ysi_tb Sort On = Property Property Name Date Period Person/Description Control Referenc e Debit Credit Balance Remarks 110100.0000 Cash - Operating Acct 44,847.93 = Beginning Balance = 05/01/2018 Daily Total 187.50 45,035.43 05/03/2018 Daily Total 187.50 44,847.93 05/08/2018 Daily Total 513.46 45,361.39 05/17/2018 Daily Total 75.00 45,286.39 05/24/2018 Daily Total 24.00 45,262.39 05/29/2018 Daily Total 100.00 45,362.39 05/30/2018 Daily Total 6.62 45,355.77 05/31/2018 Daily Total 3,214.88 42,140.89 Net Change=-2,707.04 800.96 3,508.00 42,140.89 = Ending Balance = 112001.0000 Cash - Reserve Acct 93,001.81 = Beginning Balance = 05/31/2018 Daily Total 15.80 93,017.61 Net Change=15.80 15.80 0.00 93,017.61 = Ending Balance = 120800.0000 Payments Receivable 373.30 = Beginning Balance = Net Change=6.35 6.35 0.00 379.65 = Ending Balance = 310100.0000 Accounts Payable 0.00 = Beginning Balance = 05/01/2018 05/2018 Protection Plus of Southwest Fl... K-19... 100222 187.50-187.50 Lost check 05/01/2018 05/2018 Protection Plus of Southwest Fl... P-36... 2093... 187.50-375.00 Repaired beeping fire alarm system 11/21/17... 05/03/2018 05/2018 Protection Plus of Southwest Fl... K-19... 100240 187.50-187.50 Bldg 16 Repaired beeping fire alarm system. 05/16/2018 05/2018 Rehmann Robson LLC, a Subsi... P-36... RR4... 75.00-262.50 2017 Tax Return 1120-H (Invoice date 4/2/18) 05/17/2018 05/2018 Rehmann Robson LLC, a Subsi... K-19... 100241 75.00-187.50 2017 Tax Return 1120-H (Invoice date 4/2/18) 05/22/2018 05/2018 Towne Properties Mgt. Co. Ltd... P-37... 5247 24.00-211.50 annual Subiz Renewal & Certificate 05/24/2018 05/2018 Towne Properties Mgt. Co. Ltd... K-19... 100242 24.00-187.50 annual Subiz Renewal & Certificate Net Change=-187.50 286.50 474.00-187.50 = Ending Balance = 381010.0000 Prepaid -2,656.00 = Beginning Balance = 8592 The Martinique... 05/08/2018 05/2018 Muro (t1480134) R-21... 408687 0.00 534.00-3,190.00 Payment Received Net Change=-534.00 0.00 534.00-3,190.00 = Ending Balance = 381100.0000 Other Advances -1,538.00 = Beginning Balance = Net Change=0.00 0.00 0.00-1,538.00 = Ending Balance = 439100.0000 Owners Equity -22,646.36 = Beginning Balance = Net Change=0.00 0.00 0.00-22,646.36 = Ending Balance =
The Martinique at Tarpon Cove Condo Assn #3 (8592) Page 2 General Ledger Period = May 2018 Book = Accrual ; Tree = ysi_tb Sort On = Property Property Name Date Period Person/Description Control Referenc e Debit Credit Balance Remarks 440300.8310 Fire Equipment Prior Yr Bal -2,000.00 = Beginning Balance = Net Change=0.00 0.00 0.00-2,000.00 = Ending Balance = 440300.8465 Painting Prior Yr Bal -8,000.67 = Beginning Balance = Net Change=0.00 0.00 0.00-8,000.67 = Ending Balance = 440300.8600 Roof Prior Yr Bal -44,427.08 = Beginning Balance = Net Change=0.00 0.00 0.00-44,427.08 = Ending Balance = 440300.8603 Roof Prior Yr Bal (Garages) -21,785.26 = Beginning Balance = Net Change=0.00 0.00 0.00-21,785.26 = Ending Balance = 440300.8715 Storage Prior Yr Bal -11,216.86 = Beginning Balance = Net Change=0.00 0.00 0.00-11,216.86 = Ending Balance = 440300.8995 Interest Income Prior Yr -1,725.36 = Beginning Balance = Net Change=0.00 0.00 0.00-1,725.36 = Ending Balance = 601450.0000 Working Capital Fees -700.00 = Beginning Balance = Net Change=0.00 0.00 0.00-700.00 = Ending Balance = 602400.0000 Application Fee Income 0.00 = Beginning Balance = Net Change=-100.00 0.00 100.00-100.00 = Ending Balance = 602410.0000 Rental Application Fees -300.00 = Beginning Balance = Net Change=0.00 0.00 0.00-300.00 = Ending Balance = 603800.0000 Late Fees -28.45 = Beginning Balance = Net Change=-6.35 0.00 6.35-34.80 = Ending Balance = 605000.0000 Association Fee -32,092.80 = Beginning Balance = Net Change=0.00 0.00 0.00-32,092.80 = Ending Balance = 605220.0000 Master Association Fees -35,007.84 = Beginning Balance = Net Change=0.00 0.00 0.00-35,007.84 = Ending Balance = 605730.0000 Reserve Income -5,619.36 = Beginning Balance = Net Change=0.00 0.00 0.00-5,619.36 = Ending Balance =
The Martinique at Tarpon Cove Condo Assn #3 (8592) Page 3 General Ledger Period = May 2018 Book = Accrual ; Tree = ysi_tb Sort On = Property Property Name Date Period Person/Description Control Referenc e Debit Credit Balance Remarks 610100.0000 Electric 275.07 = Beginning Balance = Net Change=62.66 62.66 0.00 337.73 = Ending Balance = 610300.0000 Water/Sewer 5,843.64 = Beginning Balance = Net Change=3,152.22 3,152.22 0.00 8,995.86 = Ending Balance = 646600.0000 General Maintenance 3,540.26 = Beginning Balance = Net Change=0.00 0.00 0.00 3,540.26 = Ending Balance = 649841.0000 Fire Equipment Repairs 392.82 = Beginning Balance = 8592 The Martinique... 05/01/2018 05/2018 Protection Plus of Southwest Fl... P-36... 2093... 187.50 0.00 580.32 Repaired beeping fire alarm system 11/21/17... Net Change=187.50 187.50 0.00 580.32 = Ending Balance = 660281.0000 Division Filing Fees 96.00 = Beginning Balance = 8592 The Martinique... 05/22/2018 05/2018 Towne Properties Mgt. Co. Ltd... P-37... 5247 24.00 0.00 120.00 annual Subiz Renewal & Certificate Net Change=24.00 24.00 0.00 120.00 = Ending Balance = 660300.0000 Auditing & Accounting Fees 0.00 = Beginning Balance = 8592 The Martinique... 05/16/2018 05/2018 Rehmann Robson LLC, a Subsi... P-36... RR4... 75.00 0.00 75.00 2017 Tax Return 1120-H (Invoice date 4/2/18) Net Change=75.00 75.00 0.00 75.00 = Ending Balance = 660370.0000 Office Expense 295.58 = Beginning Balance = 8592 The Martinique... 05/08/2018 05/2018 Post 05/08/18 w/d - requested... J-2662981 20.54 0.00 316.12 Post w/d-$ to TP 05/08/18 8592 The Martinique... 05/30/2018 05/2018 Post 05/30/18 w/d - requested... J-2666790 6.62 0.00 322.74 Post 2nd w/d-$ to TP 05/30/18 Net Change=27.16 27.16 0.00 322.74 = Ending Balance = 681500.0000 Reserve Funding 5,496.73 = Beginning Balance = Net Change=0.00 0.00 0.00 5,496.73 = Ending Balance = 681625.0000 Flood Insurance 4,681.00 = Beginning Balance = Net Change=0.00 0.00 0.00 4,681.00 = Ending Balance = 681650.0000 Master / General Assoc Fees 33,807.60 = Beginning Balance = Net Change=0.00 0.00 0.00 33,807.60 = Ending Balance = 870000.0310 Fire Equipment -1,000.00 = Beginning Balance = Net Change=0.00 0.00 0.00-1,000.00 = Ending Balance =
The Martinique at Tarpon Cove Condo Assn #3 (8592) Page 4 General Ledger Period = May 2018 Book = Accrual ; Tree = ysi_tb Sort On = Property Property Name Date Period Person/Description Control Referenc e Debit Credit Balance Remarks 870000.0465 Painting -1,333.33 = Beginning Balance = Net Change=0.00 0.00 0.00-1,333.33 = Ending Balance = 870000.0600 Roofs -2,609.60 = Beginning Balance = Net Change=0.00 0.00 0.00-2,609.60 = Ending Balance = 870000.0603 Roof (Garages) -553.80 = Beginning Balance = Net Change=0.00 0.00 0.00-553.80 = Ending Balance = 870000.0690 Special Assessment 13.88 = Beginning Balance = Net Change=0.00 0.00 0.00 13.88 = Ending Balance = 870000.0995 Interest Current Yr -59.69 = Beginning Balance = 8592 The Martinique... 05/31/2018 05/2018 Interest Income 05/2018-import SP J-2668531 0.00 15.80-75.49 Interest Income 05/2018 Net Change=-15.80 0.00 15.80-75.49 = Ending Balance = 870000.4600 Roof 2,634.84 = Beginning Balance = Net Change=0.00 0.00 0.00 2,634.84 = Ending Balance = 4,638.15 4,638.15
Aged Receivables Page 1 The Martinique at Tarpon Cove Condo Assn #3 (8592) Month Year = 05/2018 Property Unit Resident Name Total 0-30 31-60 61-90 Over 90 Prepays Balance Unpaid days days days days Charges 8592 1025-104 t1480134 Irene Muro -50.00 0.00-50.00 0.00 0.00-1,392.00-1,442.00 8592 1035-201 t1469793 Susan Hassmiller 0.00 0.00 0.00 0.00 0.00-1,490.00-1,490.00 8592 1045-102 t1488716 Kelly Steever 429.65 6.35 423.30 0.00 0.00 0.00 429.65 8592 1045-204 t1469592 Marko & Elizabeth Zuber 0.00 0.00 0.00 0.00 0.00-308.00-308.00 8592 379.65 6.35 373.30 0.00 0.00-3,190.00-2,810.35