Statement of Accounts 2019/20
SOUTHEND & DISTRICT PENSIONS CAMPAIGN
TREASURER’S REPORT FOR AGM 2018-19
Status
The audited accounts show the liquid assets were Co-op bank balance, £1333.50 and cash £37.75 making a total of £1,371.25 There were no liabilities. There are also fixed assets valued at £65 consisting of depreciatable equipment. These are the table cloth and display banner.
Member subs
This year the sub was maintained at £12. The total raised was £609 which was over 40% of total income.
Income and expense
Income amounted to £1,540.37. The major contributors were, Lottery £176, raffle £328, teas at meetings £112 and donations £117. Fund raising lunches contributed £196.
Expense amounted to £1,438.11. The major items were donations and speaker fees £225, hire of hall £330, insurance £138, AGM lunch £92 and office consumables £143. The move to Balmoral saved over £250.
The net result was an increase in club funds of £69 compared to a deficit forecast of £301. Detailed figures for this year along with those for last year are overleaf.
Budget comparison
Income was £73 over budget while expense came in £330 below forecast. The low expense figure was due to most items coming in under budget. The largest variations were in donations and speaker fees and stamps. Among income items subscriptions were over £100 down but balanced by the innovation of fund raising lunches.
The Co-op remains our banker.
Audit for 2018-19
Izzy Isaacs has signed off the accounts. A copy is available for inspection.
Budget for 2019-20
Forecast income is £1685 and expense £1581 leaving a surplus of £104.
JDS/15.2.2020
SOUTHEND & DISTRICT PENSION’S CAMPAIGN
AUDITED ACCOUNTS 2018-19
| Oct 2018-Sep 19 | Oct 2017-Sep 18 | |
| Brought Forward | £1301.80 | £1706.93 |
| Income (£) | ||
| Donations | 117.00 | 97.13 |
| Fund raising | 196.89 | Nil |
| Grants | Nil | Nil |
| High Street | Nil | 12.64 |
| Lottery | 176.50 | 281.00 |
| Miscellaneous | Nil | 130.84 |
| Raffle | 328.50 | 284.00 |
| Subscriptions | 609.00 | 684.00 |
| Teas at meetings | 112.48 | 106.38 |
| Total | 1540.37 | 1559.99 |
| Expense (£) | ||
| AGM | 92.00 | 108.00 |
| Audit | Nil | 70.00 |
| Committee meeting expense | 153.00 | 119.20 |
| Conferences and rallies | Nil | Nil |
| Donations and speaker fees | 225.00 | 363.00 |
| Equipment | 78.00 | Nil |
| Equipment maintenance | Nil | Nil |
| Hall hire | 330.00 | 585.00 |
| Insurance general | 138.32 | 138.32 |
| Incidental provisions | 54.81 | 27.29 |
| Miscellaneous | Nil | 59.59 |
| Office consumables | 143.53 | 130.40 |
| Printing | 54.00 | 8.00 |
| Publicity | Nil | Nil |
| Stamps | 57.00 | 207.35 |
| Stationery | Nil | 13.47 |
| Subscriptions | 35.00 | 47.50 |
| Travel | 76.55 | 46.90 |
| Total | 1438.11 | 1924.02 |
| Profit (Loss) | 102.26 | 364.03 |
| Carried forward | £1371.25 | £1301.80 |