Ashford Manor At Wall Condominium Association Inc.

Welcome to your online Community!
Ashford Manor at Wall Condominium Association/

We are a gated community located in beautiful Wall Township and

managed by Monticello Management.

On behalf of the Board of Directors, welcome to our community web site.
Feel free to explore the features available and welcome home!

ASSETS

Current Assets

Checking/Savings

Restricted Funds         $     411,910.32

Unrestricted Funds      $     219,496.09

Total Checking/Savings         $     631,406.41

Accounts Receivable

Accounts Receivable   $       84,386.14

Total Accounts Receivable              $       84,386.14

Other Current Assets

Allowence/Bad Debt     $        1,390.00

Due Res. to Oper.        $      19,664.14

Pre-Paid Expenses       $      29,811.77

Total Other Current Assets                         $      50,865.91

Total Current Assets                                   $    766,658.46

TOTAL ASSETS                                          $    766,658.46

LIABILITIES & EQUITY

Liabilities

Current Liabilities

Accounts Payable

Accounts Payable          $    128,845.45

Total Accounts Payable           $    128,845.45

Other Current Liabilities

Due to Oper. from Reser.        $       19,664.14

Exchange - Liability                  $              50.00

Homeowner Ref. Dep.              $       39,965.09

Total Other Current Liabilities            $       59,679.23

Total Current Liabilities                      $      188,524.68

Total Liabilities                                   $      188,524.68

Equity

Fund - Reserve Fund               $      350,472.74

Opening Bal Equity                   $        64,624.01

Retained Earnings                    $        98,519.27

Net Income                                          $        64,517.76

Total Equity                                         $      578,133.78

TOTAL LIABILITIES & EQUITY                      $       766,658.46

Ordinary Income

                    Late Fee                          $         365.00

Total Income                                        $         365.00

Expense

          Adminstrative Activities              $      2,025.19

          Operating, R & M                       $    11,604.41

Total Expense                                      $    13,629.60

Net Ordinary Income                            $   (13,264.60)

Other Income

          Interest Income - Restricted       $         759.37

Total Other Income                              $         759.37

Other Expense

          Deferred Maintenance               $    10,667.90

Total Other Expense                            $    10,667.90

          Net Other Income                       $    (9,908.53)

          Net Income                                 $  (23,173.13)