villa alhambra financial statements 10-31-2011.pdf

VILLA ALHAMBRA OF CORAL GABLES

CONDOMINIUM ASSOCIATON INC.

FINANCIAL STATEMENTS

For the period ending

October 31, 2011

FOR MANAGEMENT PURPOSES ONLY

The Continental Group, Inc ● 2950 N 28th Terr Hollywood, FL 33020 ● 954-925-8200

Notes: 1. Effective December 31, 2010 through December 31, 2012 as part of the Reform and Consumer Protection Act, all deposits held in non-interest bearing transaction accounts (checking accounts) will be fully insured, regardless of the amount in the account, at all FDIC-Insured institutions. For all accounts, including interest bearing accounts that do not qualify for the unlimited FDIC insurance, FDIC coverage is now permanently set at $250,000 per depositor at FDIC insured institutions. 2. Financial information is provided for owners who are members of this association only. The information is believed to be accurate as of the date the documents are posted. Any owner receiving this information shall not use the information in any way which is inconsistent with the requirements of governing state or federal law.

11/18/2011 11:06:38 AM Fund Balance Sheet

0T85 VILLA ALHAMBRA OF CORAL GABLESCONDOMINIUM ASSOCIATION, INC.

10/31/2011THE CONTINENTAL GROUP, INC.

2950 N 28 TERRACE

Hollywood FL 33020

Account Description As of Prior Month Inc/(Dec)

Oct

ASSETS

OPERATING CASH

10010 13 Cash-Operating - Bank Uni 32,653 25,418 7,235

10017 13 Cash-Working Capital - Ba 33,241 33,217 24

12090 13 Cash-Deposits Bank United 8,715 8,715 0

TOTAL OPERATING CASH $74,608 $67,350 $7,259

OPERATING RECEIVABLES

10300 Accounts Receivable 526 11,390 (10,863)

TOTAL OPERATING RECEIVABLES $526 $11,390 ($10,863)

OTHER OPERATING ASSETS

10500 Prepaid Insurance 16,265 18,811 (2,546)

10505 Prepaid Expenses 3,333 2,299 1,034

19010 Utility Deposits 3,874 3,874 0

TOTAL OTHER OPERATING ASSETS $23,472 $24,983 ($1,512)

TOTAL OPERATING ASSETS $98,606 $103,723 ($5,117)

TOTAL ASSETS $98,606 $103,723 ($5,117)

LIABILITIES AND FUND BALANCES

OPERATING LIABILITIES

20000 Accounts Payable 0 (24) 24

20005 Collection Fees due 490 460 30

20010 Accrued Expenses 10,903 12,828 (1,926)

20080 Security Deposits 8,250 8,250 0

20100 Prepaid Assessments 12,613 12,557 57

TOTAL OPERATING LIABILITIES $32,256 $34,071 ($1,815)

OPERATING FUND

38015 Cap Contribution Int 310 310 0

38880 Fund Balance 56,588 56,588 0

CURRENT YEAR NET INCOME/(LOSS) $9,452 $12,754 ($3,301)

TOTAL OPERATING FUND BALANCE $66,350 $69,652 ($3,301)

TOTAL OPERATING LIABILITIES AND FUND BALANCE $98,606 $103,723 ($5,117)

Page 1 of 2

11/18/2011 11:06:38 AM Fund Balance Sheet



2950 N 28 TERRACE

Hollywood FL 33020

Account Description As of Prior Month Inc/(Dec)

Oct

TOTAL NET SPECIAL ASSESSMENT FUND BALANCE $0 $0 $0

TOTAL LIABILITIES AND FUND BALANCE $98,606 $103,723 ($5,117)

Page 2 of 2

11/18/2011 11:05:25 AM Income Statement Budget vs Actual



2950 N 28 TERRACE

Hollywood FL 33020

Account Description Oct Actual OctBudget

OctVariance

YTD Actual YTDBudget

Variance

REVENUE

40000 Owner Assessments 16,483 16,483 0 164,830 164,830 0

40011 Late Fee Income 125 0 125 1,000 0 1,000

40025 Returned Check Fees 0 0 0 30 0 30

40030 Screening Fees 0 0 0 425 0 425

40033 Parking Income 125 0 125 1,325 0 1,325

40060 Gate/Key Cards 0 0 0 225 0 225

40078 Late Fee Interest 895 0 895 895 0 895

40080 Interest Income 24 0 24 29 0 29

40090 Miscellaneous Income 0 0 0 20 0 20

42090 Utility Reimb. 0 0 0 118 0 118

**TOTAL REVENUE $17,652 $16,483 $1,169 $168,898 $164,830 $4,068

EXPENSES

**ADMINISTRATIVE

50005 Accounting Fees 208 208 0 2,080 2,080 0

50015 Bank Charges 0 2 2 40 20 (20)

50016 Bonus 0 0 0 100 0 (100)

50045 00 Legal Fees 4,502 100 (4,402) 9,303 1,000 (8,303)

50048 Annual Condo Fees 0 12 12 561 120 (441)

50050 00 License,Taxes,Permit 73 50 (23) 296 500 204

50050 15 License,Taxes,Permit - Ele 0 21 21 0 210 210

50053 Corporate Annual Rep 0 5 5 61 50 (11)

50075 Office Supplies 25 2 (23) 1,194 20 (1,174)

50090 00 Professional Fees 300 0 (300) 3,500 0 (3,500)

50090 30 Professional Fees - Ins. A 0 30 30 0 300 300

50100 Screening Fees 0 2 2 220 20 (200)

50110 Miscellaneous 0 0 0 450 0 (450)

**TOTAL ADMINISTRATIVE $5,108 $432 ($4,676) $17,805 $4,320 ($13,485)

**PROPERTY INSURANCE

52030 Multiperil Insurance 2,546 2,526 (20) 22,666 25,260 2,594

52040 Ins Finance Charge 0 85 85 0 850 850

**TOTAL PROPERTY INSURANCE $2,546 $2,611 $65 $22,666 $26,110 $3,444

**UTILITIES

54050 00 Electricity/Gas (210) 1,900 2,110 9,802 19,000 9,198

54070 00 Water & Sewer 981 1,500 519 12,239 15,000 2,761

54100 00 Telephone 1,791 375 (1,416) 6,058 3,750 (2,308)

**TOTAL UTILITIES $2,562 $3,775 $1,213 $28,099 $37,750 $9,651

**CONTRACTS

60023 Carpet Contract 0 200 200 0 2,000 2,000

60035 Elevator Contract 416 495 79 2,499 4,950 2,451

60046 30 Equipment Contract - Life 208 160 (48) 1,671 1,600 (71)

60065 Access System Maintenance 535 400 (135) 4,387 4,000 (387)

60066 Health Benefits 6 0 (6) 1,884 0 (1,884)

60074 Hvac System 250 250 0 2,500 2,500 0

60075 Janitorial Service 810 1,410 600 10,935 14,100 3,165

60090 Lawn Maintenance 187 1,000 813 4,313 10,000 5,687

Page 1 of 2

11/18/2011 11:05:25 AM Income Statement Budget vs Actual



2950 N 28 TERRACE

Hollywood FL 33020

Account Description Oct Actual OctBudget

OctVariance

YTD Actual YTDBudget

Variance

61000 Management Services 1,581 1,574 (7) 15,624 15,740 116

61010 Pest Control 250 250 0 3,000 2,500 (500)

61055 Trash Removal 474 300 (174) 4,581 3,000 (1,581)

61075 Window Services 500 500 0 5,000 5,000 0

**TOTAL CONTRACTS $5,217 $6,539 $1,322 $56,393 $65,390 $8,997

**REPAIRS/MAINTENANCE

70005 R&M-Air Conditioning 0 200 200 503 2,000 1,497

70025 R&M-Building 177 200 23 807 2,000 1,193

70038 R&M-Driveway 0 100 100 0 1,000 1,000

70043 63 Repairs/Maintenance Painti 0 150 150 0 1,500 1,500

70045 R&M-Electrical 0 250 250 1,258 2,500 1,242

70048 32 R&M Equipment - Life Safet 0 250 250 0 2,500 2,500

70050 R&M-Entry System 109 100 (9) 834 1,000 166

70060 R&M-General 0 1,500 1,500 9,416 15,000 5,585

70119 R&M-Trash Chute 60 100 40 540 1,000 460

70125 R&M-Signage 0 25 25 0 250 250

70134 Landscaping 4,886 150 (4,736) 10,021 1,500 (8,521)

70216 R&M Janitorial Supplies 289 100 (189) 734 1,000 266

70289 00 Contingency 0 0 0 7,577 0 (7,577)

**TOTAL REPAIRS/MAINTENANCE $5,520 $3,125 ($2,395) $31,689 $31,250 ($439)

**PRIOR YEAR ACTIVITY

70298 00 Prior Year Expense 0 0 0 2,793 0 (2,793)

**TOTAL PRIOR YEAR ACTIVITY $0 $0 $0 $2,793 $0 ($2,793)

**TOTAL EXPENSES $20,953 $16,482 ($4,471) $159,445 $164,820 $5,375

NET INCOME/(LOSS) ($3,301) $1 ($3,302) $9,452 $1 $9,451

Page 2 of 2

11/18/201111:10 AM

ASSOCIATION INC

Bank Balance As Of10/31/2011 $59,219.86

Deposits in Transits 30.00Outstanding Checks AP -26,301.44

Duplicated Deposits 10/17/11 -295.81

Bank Balance As Of $32,652.61

10/31/2011

Book Balance As Of $32,652.6110/31/2011Adjustments

Adjusted Book Balance $32,652.61

Bank Reconciliation0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM

OPR2 BANK UNITED OPRAs of Date: 10/31/2011

11/16/2011 2:38:14 PM Outstanding Check List


OPR2 BANK UNITED OPR

For Checks Dated Through: 10/31/2011

Check Date Vendor Type Amount

20269 08/01/2011 LUKE00 LUKES-SAWGRASS LANDSCAPE Printed $5,135.00

20304 10/03/2011 ALDA01 ALDANI SUPPLIES Printed $288.68

20306 10/03/2011 CONT00 CONTINENTAL GROUP INC. Printed $384.00

20307 10/03/2011 CONT00 CONTINENTAL GROUP INC. Printed $1,581.00


20309 10/03/2011 FLOR02 FLORIDA POWER & LIGHT Printed $1,328.02

20310 10/03/2011 HALP00 HALPERN RODRIGUEZ LLP Printed $652.50

20311 10/03/2011 LUKE00 LUKES-SAWGRASS LANDSCAPE Printed $4,886.00

20312 10/03/2011 POWE03 POWER EXTERMINATORS,INC Printed $250.00

20313 10/03/2011 WAST04 WASTE MANAGEMENT Printed $456.27

20314 10/10/2011 ATT01 AT&T Printed $1,659.05

20316 10/10/2011 ECOL00 ECOLO ODOR CONTROL Printed $60.00

20317 10/10/2011 HALP00 HALPERN RODRIGUEZ LLP Printed $1,100.00



20320 10/10/2011 LUKE00 LUKES-SAWGRASS LANDSCAPE Printed $750.00

20322 10/10/2011 MIAM19 MIAMI-DADE COUNTY Printed $250.00


20324 10/24/2011 ATT01 AT&T Printed $131.72


20326 10/24/2011 DELR00 DEL REY LOCK & SAFE SVC Printed $109.14

20327 10/24/2011 FIRE25 FIRE CONTROLS, INC Printed $112.35

20328 10/24/2011 FLORA9 FLORIDA FIRE SAFETY INC Printed $270.18

20329 10/24/2011 HIVA00 HI-VAC AIR CONDITIONING SVC Printed $250.00

20330 10/24/2011 INSP00 INSPECTION ENGINEERS INC. Printed $300.00

20331 10/24/2011 SECU26 SECURITY INNOVATIVE SOLUTIONS ,INC Printed $1,284.00

20332 10/24/2011 WATC02 WATCHMAN PROTECTION SERVICES, INC Printed $107.00


20334 10/31/2011 DBPR00 DBPR-DIVISION OF FLORIDA Printed $144.00

20335 10/31/2011 FLOR02 FLORIDA POWER & LIGHT Printed $1,140.94

Report Total $26,301.44

11/16/2011 2:38:14 PM Deposits In Transits

0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUMASSOCIATION, INC.

OPR2 BANK UNITED OPR

For Deposits Dated Through: 10/31/2011

Batch Date Description Amount

1625154 10/31/2011 Receipt Processing $30.00

Bank Code Total $30.00

Page: 1

11/16/2011 2:09:06 PM Summary Batch Report for Cash Receipts

For Batch No 1 To 999999999

For Batch Dates 10/01/2011 To 10/31/2011

Entity Batch No GL Date Bank Batch Total

0T85 - VILLA ALHAMBRA OF CORAL GABLES 1605589 10/04/2011 OPR2 BANK UNITED OPR 1,634.81



0T85 - VILLA ALHAMBRA OF CORAL GABLES 1609658 10/07/2011 OPR2 BANK UNITED OPR 125.00


















BANK UNITED OPR Total: 28,577.71

11/16/2011 2:09:50 PM AP Check History Report

VILLA ALHAMBRA OF CORAL GABLESCONDOMINIUM ASSOCIATION, INC.

For Checks Dated 10/01/2011 to 10/31/2011

For All Check Numbers

Bank: OPR2 BANK UNITED OPR 0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.

Check Vendor Ck Date Void Date Workflow Status

ACHPrintStatus

Vch # Invoice Proc Date GL Acct# Sub GL Desc Inv Amt Amt Paid Vch. Description

020304 ALDA01 ALDANI SUPPLIES 10/03/2011 288.68 Corp Mailed

None

2600838 13812 10/03/2011 70216 R&M Janitorial Supplies 149.69 supplies

None

2600843 13813 10/03/2011 70216 R&M Janitorial Supplies 138.99 Supplies

020305 CONT00 CONTINENTAL GROUP INC. 10/03/2011 10/03/2011 VOID 0.99 None

None

2594484 T85/MC072011 09/26/2011 50075 Office Supplies 8.01 July misc chrgs

None

2594484 T85/MC072011 09/26/2011 50075 Office Supplies (7.02) Credit - postage, pe

020306 CONT00 CONTINENTAL GROUP INC. 10/03/2011 384.00 Corp Mailed

None

2600859 J105998 10/03/2011 60066 Health Benefits 384.00 September medical

020307 CONT00 CONTINENTAL GROUP INC. 10/03/2011 1,581.00 Corp Mailed

None

2600862 1110-99985 10/03/2011 61000 Management Services 1,581.00 October admin svc

020308 CONT00 CONTINENTAL GROUP INC. 10/03/2011 81.00 Corp Mailed

None

2600991 053571 10/03/2011 60075 Janitorial Service 81.00 P/E 9-23-11

020309 FLOR02 FLORIDA POWER & LIGHT 10/03/2011 1,328.02 None

None

2600857 89495-36307 10/03/2011 54050 00 Electricity/Gas 1,328.02 SVC 8/22/11 - 9/22/1

020310 HALP00 HALPERN RODRIGUEZ LLP 10/03/2011 652.50 Corp Mailed

None

2600845 3699 10/03/2011 50045 00 Legal Fees 652.50 Service #558

020311 LUKE00 LUKES-SAWGRASS LANDSCAPE 10/03/2011 4,886.00 Corp Mailed

None

2600853 0911677 10/03/2011 70134 Landscaping 4,886.00 Landscape installati

020312 POWE03 POWER EXTERMINATORS,INC 10/03/2011 250.00 Corp Mailed

None

2600841 269697 10/03/2011 61010 Pest Control 250.00 August svc

020313 WAST04 WASTE MANAGEMENT 10/03/2011 456.27 None

None

2600856 8331465-2194-7 10/03/2011 61055 Trash Removal 456.27 September svc

Page 1 of 4







ACHPrintStatus


020314 ATT01 AT&T 10/10/2011 1,659.05 ACH

None

2608361 305 448-8752DUE 10/14

10/10/2011 54100 00 Telephone 1,659.05 SVC 9/25/11 - 10/24/

020315 CONT00 CONTINENTAL GROUP INC. 10/10/2011 10/10/2011 VOID 0.99 None

None


None


020316 ECOL00 ECOLO ODOR CONTROL 10/10/2011 60.00 Corp Mailed

None

2608363 160440 10/10/2011 70119 R&M-Trash Chute 60.00 October svc

020317 HALP00 HALPERN RODRIGUEZ LLP 10/10/2011 1,100.00 Corp Mailed

None

2608366 3698 10/10/2011 50045 00 Legal Fees 1,100.00 General


None



None


020320 LUKE00 LUKES-SAWGRASS LANDSCAPE 10/10/2011 750.00 Corp Mailed

None

2608376 1110-98143 10/10/2011 60090 Lawn Maintenance 750.00 October svc

020321 URIB02 MAGALI URIBARRI 10/10/2011 176.67 OnSite Released

None

2608407 10032011 10/10/2011 70025 R&M-Building 176.67 Reimb-supplies

020322 MIAM19 MIAMI-DADE COUNTY 10/10/2011 250.00 Corp Mailed

None

2608383 C2011003998 10/10/2011 50050 00 License,Taxes,Permit 250.00 Acct# E07003792 -Ce

020323 CONT00 CONTINENTAL GROUP INC. 10/18/2011 648.00 None

None

2614947 054175 10/17/2011 60075 Janitorial Service 648.00 P/E 10-7-11

020324 ATT01 AT&T 10/24/2011 131.72 None

Page 2 of 4







ACHPrintStatus


None

2620765 305 444-6656DUE 10/15

10/24/2011 54100 00 Telephone 131.72 SVC 9/9/11 - 10/8/11


None


None


020326 DELR00 DEL REY LOCK & SAFE SVC 10/24/2011 109.14 Corp Mailed

None

2620767 4768 10/24/2011 50110 Miscellaneous 109.14 Service call

020327 FIRE25 FIRE CONTROLS, INC 10/24/2011 112.35 Corp Mailed

None

2620770 56834 10/24/2011 60050 Fire Alarm System 112.35 OCT-DEC 2011

020328 FLORA9 FLORIDA FIRE SAFETY INC 10/24/2011 270.18 Corp Mailed

None

2620772 29927 10/24/2011 60050 Fire Alarm System 270.18 Annual insp

020329 HIVA00 HI-VAC AIR CONDITIONING SVC 10/24/2011 250.00 Corp Mailed

None

2620774 1250 10/24/2011 60074 Hvac System 250.00 October svc

020330 INSP00 INSPECTION ENGINEERS INC. 10/24/2011 300.00 Corp Mailed

None

2620777 11-203 10/24/2011 50090 00 Professional Fees 300.00 Water inspe

020331 SECU26 SECURITY INNOVATIVESOLUTIONS

10/24/2011 1,284.00 Corp Mailed

None

2620806 275766 10/24/2011 61045 00 Security Services 1,284.00 DEC '11 - FEB '12

020332 WATC02 WATCHMAN PROTECTIONSERVICES, I

10/24/2011 107.00 OnSite Released

None

2620814 2560 10/24/2011 61045 00 Security Services 107.00 Protection for prope


None

2627493 J106870 10/31/2011 60066 Health Benefits 192.00 October medical

020334 DBPR00 DBPR-DIVISION OF FLORIDA 10/31/2011 144.00 None

None

Page 3 of 4







ACHPrintStatus


2627489 342483 10/31/2011 50048 Annual Condo Fees 144.00 2012 condo fees

020335 FLOR02 FLORIDA POWER & LIGHT 10/31/2011 1,140.94 None

None

2627496 89495-36307 10/31/2011 54050 00 Electricity/Gas 1,140.94 SVC 9/22/11 - 10/21/

Bank Totals 21,343.11

Total Number of Checks 30

Page 4 of 4

Page: 1

11/16/2011 2:13:26 PM AP Voucher Detail Report


For 10/01/2011 10/31/2011

Entity Vch # Vendor Inv # Amount Voucher Description Bank Chk # Chk Date Amount

Account: 50045-00 Legal Fees

0T85 2600845 HALP00 HALPERN RODRIGUE 3699 652.50 Service #558 OPR2 020310 10/03/2011 652.50

0T85 2608364 HALP00 HALPERN RODRIGUE 3496 1,593.00 General OPR2 020319 10/10/2011 1,593.00



Account: 50045-00 Legal Fees 4,502.10

Account: 50048 Annual Condo Fees

0T85 2627489 DBPR00 DBPR-DIVISION OF 342483 144.00 2012 condo fees OPR2 020334 10/31/2011 144.00

Account: 50048 Annual Condo Fees 144.00

Account: 50050-00 License,Taxes,Permit

0T85 2608383 MIAM19 MIAMI-DADE COUNT C2011003998 250.00 Acct# E07003792 - Cert o OPR2 020322 10/10/2011 250.00

Account: 50050-00 License,Taxes,Permit 250.00

Account: 50090-00 Professional Fees

0T85 2620777 INSP00 INSPECTION ENGIN 11-203 300.00 Water inspe OPR2 020330 10/24/2011 300.00

Account: 50090-00 Professional Fees 300.00

Account: 50110 Miscellaneous

0T85 2620767 DELR00 DEL REY LOCK & S 4768 109.14 Service call OPR2 020326 10/24/2011 109.14

Account: 50110 Miscellaneous 109.14

Account: 54050-00 Electricity/Gas

0T85 2600857 FLOR02 FLORIDA POWER & 89495-36307 1,328.02 SVC 8/22/11 - 9/22/11 OPR2 020309 10/03/2011 1,328.02

0T85 2627496 FLOR02 FLORIDA POWER & 89495-36307 1,140.94 SVC 9/22/11 - 10/21/11 OPR2 020335 10/31/2011 1,140.94

Account: 54050-00 Electricity/Gas 2,468.96

Account: 54100-00 Telephone

0T85 2608361 ATT01 AT&T 305 448-8752DUE 10/14

1,659.05 SVC 9/25/11 - 10/24/11 OPR2 020314 10/10/2011 1,659.05

0T85 2620765 ATT01 AT&T 305 444-6656DUE 10/15

131.72 SVC 9/9/11 - 10/8/11 OPR2 020324 10/24/2011 131.72

Account: 54100-00 Telephone 1,790.77

Account: 60050 Fire Alarm System

0T85 2620770 FIRE25 FIRE CONTROLS, I 56834 112.35 OCT-DEC 2011 OPR2 020327 10/24/2011 112.35

0T85 2620772 FLORA9 FLORIDA FIRE SAF 29927 270.18 Annual insp OPR2 020328 10/24/2011 270.18

Account: 60050 Fire Alarm System 382.53

Account: 60066 Health Benefits

0T85 2600859 CONT00 CONTINENTAL GROU J105998 384.00 September medical OPR2 020306 10/03/2011 384.00

0T85 2627493 CONT00 CONTINENTAL GROU J106870 192.00 October medical OPR2 020333 10/31/2011 192.00

Account: 60066 Health Benefits 576.00

Account: 60074 Hvac System

0T85 2620774 HIVA00 HI-VAC AIR CONDI 1250 250.00 October svc OPR2 020329 10/24/2011 250.00

Account: 60074 Hvac System 250.00

Account: 60075 Janitorial Service

0T85 2600991 CONT00 CONTINENTAL GROU 053571 81.00 P/E 9-23-11 OPR2 020308 10/03/2011 81.00

0T85 2614947 CONT00 CONTINENTAL GROU 054175 648.00 P/E 10-7-11 OPR2 020323 10/18/2011 648.00

Account: 60075 Janitorial Service 729.00

Page: 2

11/16/2011 2:13:26 PM AP Voucher Detail Report


For 10/01/2011 10/31/2011

Entity Vch # Vendor Inv # Amount Voucher Description Bank Chk # Chk Date Amount

Account: 60090 Lawn Maintenance

0T85 2608376 LUKE00 LUKES-SAWGRASS L 1110-98143 750.00 October svc OPR2 020320 10/10/2011 750.00

Account: 60090 Lawn Maintenance 750.00

Account: 61000 Management Services

0T85 2600862 CONT00 CONTINENTAL GROU 1110-99985 1,581.00 October admin svc OPR2 020307 10/03/2011 1,581.00

Account: 61000 Management Services 1,581.00

Account: 61010 Pest Control

0T85 2600841 POWE03 POWEREXTERMINAT

269697 250.00 August svc OPR2 020312 10/03/2011 250.00

Account: 61010 Pest Control 250.00

Account: 61045-00 Security Services

0T85 2620806 SECU26 SECURITY INNOVAT 275766 1,284.00 DEC '11 - FEB '12 OPR2 020331 10/24/2011 1,284.00

0T85 2620814 WATC02 WATCHMANPROTECT

2560 107.00 Protection for property OPR2 020332 10/24/2011 107.00

Account: 61045-00 Security Services 1,391.00

Account: 61055 Trash Removal

0T85 2600856 WAST04 WASTEMANAGEMENT

8331465-2194-7 456.27 September svc OPR2 020313 10/03/2011 456.27

Account: 61055 Trash Removal 456.27

Account: 70025 R&M-Building

0T85 2608407 URIB02 MAGALI URIBARRI 10032011 176.67 Reimb-supplies OPR2 020321 10/10/2011 176.67

Account: 70025 R&M-Building 176.67

Account: 70119 R&M-Trash Chute

0T85 2608363 ECOL00 ECOLO ODOR CONTR 160440 60.00 October svc OPR2 020316 10/10/2011 60.00

Account: 70119 R&M-Trash Chute 60.00

Account: 70134 Landscaping

0T85 2600853 LUKE00 LUKES-SAWGRASS L 0911677 4,886.00 Landscape installation OPR2 020311 10/03/2011 4,886.00

Account: 70134 Landscaping 4,886.00

Account: 70216 R&M Janitorial Supplies

0T85 2600838 ALDA01 ALDANI SUPPLIES 13812 149.69 supplies OPR2 020304 10/03/2011 149.69

0T85 2600843 ALDA01 ALDANI SUPPLIES 13813 138.99 Supplies OPR2 020304 10/03/2011 138.99

Account: 70216 R&M Janitorial Supplies 288.68

Totals: 21,342.12 21,342.12

11/16/2011 2:22:59 PM Bank Reconciliation


WC02 BANK UNITED MM W. CAPITAL

As of Date: 10/31/2011

Bank Balance As Of10/31/2011

$33,240.66

Deposits in Transits 0.00

Outstanding Checks AP 0.00

_________________


$33,240.66

Book Balance As Of10/31/2011

$33,216.76

Adjustments Interest Income 23.90

_________________







Report Total $0.00

11/16/2011 4:11:13 PM Bank Reconciliation


SEC2 BANK UNITED SEC DEP

As of Date: 10/31/2011


$8,715.00

Deposits in Transits 0.00

Outstanding Checks AP 0.00

_________________


$8,715.00

Book Balance As Of10/31/2011

$8,715.00

_________________







Report Total $0.00

11/16/2011 2:20:41 PM Prepaid Insurance Schedule Report


Month ending October 31, 2011

Description Policy # From To Total Premium Paid To Date Included inA/P

TotalExpensed

PrepaidBalance

Directors & Officers Inv05135162011

05/16/2011 05/16/2012 1,106.20 1,106.20 0.00 508.69 597.51

Crime Inv05135162011

05/16/2011 05/16/2012 205.64 205.64 0.00 94.64 111.00

Boiler & Machinery Inv05135162011

05/16/2011 05/16/2012 980.00 980.00 0.00 451.23 528.77

Umbrella Inv05135162011

05/16/2011 05/16/2012 2,147.67 2,147.67 0.00 988.65 1,159.02

General Liability Inv05135162011

05/16/2011 05/16/2012 3,108.84 3,108.84 0.00 1,431.43 1,677.41

Wrap Around Inv05135162011

05/16/2011 05/16/2012 3,069.24 3,069.24 0.00 1,412.84 1,656.40

Property Inv05135162011

05/16/2011 05/16/2012 19,526.90 19,526.90 0.00 8,992.49 10,534.41

Total 30,144.49 30,144.49 0.00 13,879.97 16,264.52

Expense for the Month Remaining Prepaid Comments

Description Policy # Days Per Day Adjustment Total Days Months

Directors & Officers Inv05135162011

31 3.01 0.00 93.31 198 6.5 52030

Crime Inv05135162011

31 0.56 0.00 17.36 198 6.5 52030

Boiler & Machinery Inv05135162011

31 2.67 0.00 82.77 198 6.5 52030

Umbrella Inv05135162011

31 5.85 0.00 181.35 198 6.5 52030

General Liability Inv05135162011

31 8.47 0.00 262.57 198 6.5 52030

Wrap Around Inv05135162011

31 8.36 0.00 259.16 198 6.5 52030

Property Inv05135162011

31 53.21 0.00 1,649.51 198 6.5 52030

Total 82.13 0.00 2,546.03

Page 1 of 1

0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.

Schedule of Prepaid Expenses

October 31, 2011

GL Code 10505

Description GL Account From To Total Amount Total Expense Prepaid Balance

Elevator Contract - Otis Elevator 60035 5/31/2011 12/31/2011 3,331.62 416.45 832.91

Equipment/Life Safety - Fire Controls 60046-30 1/1/2011 12/31/2011 315.65 26.31 52.55

Equipment/Life Safety - Fire Controls 60046-30 7/1/2011 9/30/2011 112.35 37.45 -

License, Taxes, Permits- City of Coral

Gables 50050-00 9/1/2011 8/31/2012 125.00 10.42 104.17

Security Innovation 60065 9/1/2011 11/31/2011 1,284.00 428.00 428.00 -

Florida Annual Condo Fees 50048 1/1/2012 12/31/2012 144.00 - 144.00

Miami Dade County Business Permit 50050-00 8/1/2011 7/31/2012 250.00 20.83 187.50

Equipment/Life Safety - Fire Controls 60046-30 10/1/2011 12/31/2011 112.35 37.45 74.90

Florida Fire Safety Annual Inspection 60050 9/1/2011 8/31/2012 270.18 22.52 225.15 Security Innovation 60065 12/1/2011 2/28/2012 1,284.00 - 1,284.00

Total 3,333.17$


Schedule of Utility Deposits

October 31, 2011

19010

Description Account # Date Amount

Florida Power and Light 89495-36307 10/29/2008 724.00

Florida Power and Light 89495-36307 10/09 3,150.00

Org pd by Developer

Total 3,874.00$


Schedule of Collection Fees Due

October 31, 2011

Description Date Amount Date Check# Amount

Collection Charges/Credits 9/30/10 100.00


Collection Charges/Credits 2/11/11 20148 (100.00)

Collection Charges/Credits 3/31/11 100.00 20171 (35.00)





Collection Charges/Credits 8/31/11 (5.00) Credit 25.00



Subtotal 670.00$ (180.00)$

Total Collection Fees Due 490.00$

Reimbursed to The Continental Group, Inc.

Note: Fees charged to homeowners and due to management company for collection correspondence. Remittance occurs only

after homeowner receipts have satisfied all association receivable balances.


Accrued Expenses Schedule October 31, 2011

Description Invoice Amount From To Account Number Calculated Amount

Accounting Fees - 2011Gerstle, Rosen, & Goldenberg

2,080.00 01/01/2011 10/31/2011 50005 2,080.00

Miami Dade Water & Sewer (Est.) 3,752.96 7/22/2011 10/21/2011 54070-00 3,752.96Equipment/Life Safety - Fire Controls

98.80 9/1/2011 10/31/2011 60046-30 197.59

Janitorial Svc - TCG 648.00 10/8/2011 10/21/2011 60075 648.00Pest Control - Power Exterminators 250.00 10/1/2011 10/31/2011 61010 250.00Waste Mgmt - Trash Removal 474.25 10/1/2011 10/31/2011 61055 474.25Window Services 3,500.00 4/1/2011 10/31/2011 61075 3,500.00

Total $10,902.80


Income Statement - Schedule of Prior Year Expense

October 31, 2011 GL Code 70298

Service

Description GL Code Date Check # Period Amount

Electricity - accrual 54050 01/31/11 12/31/11 352.40

Insurance- late increase to premium 52030 02/28/11 20142 5/10 - 12/10 (1,979.03)

Christmas Party Reimbursement 50110 02/28/11 20150 12/31/2010 (1,101.08)

Capital Contribution Interest 40080 02/28/11 11/30/2010 (65.71)

Total (2,793.42)$

villa alhambra financial statements 10-31-2011.pdf

Economy & Finance