THE CITY OF WINCHESTER TRUST LIMITED
REPORT OF THE COUNCIL AND FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2012
FURTHER NOTES TO THE ACCOUNTS
| 31 March 2012 | 31 March 2011 | |
| 2 VOLUNTARY INCOME | £ | £ |
| Grant from Hampshire County Council | 1,000 | 2,000 |
| Grant from Winchester City Council | 200 | - |
| Member's subscriptions | 5,495 | 5,620 |
| Donations | 400 | 303 |
| Gift Aid | 879 | 971 |
| 7,974 | 8,894 | |
| 3 ACTIVITIES GENERATING FUNDS | £ | £ |
| Sale of Cards | 2,022 | 1,606 |
| Open gardens | - | 318 |
| Book Sale | - | 326 |
| Visits and outings (net) | 40 | - |
| 2,062 | 2,250 | |
| 4 INVESTMENT INCOME | £ | £ |
| Dividends and interest (includes £400 restricted income (2012 - £394) | 6,918 | 6,029 |
| Rental income | 12,900 | 12,450 |
| 19,818 | 18,479 | |
| 5 INCOME FROM CHARITABLE ACTIVITIES | £ | £ |
| Energy Savings Trust project - grant on account | 24,508 | - |
| Hampshire Garden Trust Contribution (see project expenditure) | 800 | - |
| Sale of own publications | 788 | 2,240 |
| Donations from walks | 647 | 802 |
| Winter talks | 50 | 57 |
| Southern Comfort Seminar | - | 800 |
| 26,793 | 3,899 | |
| 6 OTHER INCOME RESOURCES | £ | £ |
| Car boot sale concession | 576 | - |
| - | 576 |
| 31 March 2012 | 31 March 2011 | |
| 7 RESOURCES EXPENDED | £ | £ |
| Costs of Generating Voluntary Income | ||
| Support costs | 470 | 448 |
| 470 | 448 | |
| Fundraising: Cost of Goods Sold and Other Costs | ||
| Cost of cards | 1,014 | 962 |
| Cost of book Sale | - | 34 |
| 1,014 | 996 | |
| Investment Management Costs | ||
| Investment management fees | 961 | 824 |
| Letting fees | 1,161 | 1,103 |
| Let property repairs | 402 | 1,638 |
| Bank charges | - | 133 |
| Support Costs | 235 | 224 |
| 2,759 | 3,922 | |
| Charitable Activities Expenditure | ||
| Project and Activities Expenditure (See Note 8) | 32,692 | 7,535 |
| Cost of own publications | 178 | 225 |
| Support Costs (see Note 9) | 13,177 | 12,575 |
| 46,047 | 20,961 | |
| Governanve costs | ||
| Accountancy | 1,130 | 1,180 |
| AGM costs | 639 | 509 |
| Annual Report printing & postage | 559 | 731 |
| Support Costs | 2,065 | 1,970 |
| 4,393 | 4,390 |
During the period under review no remuneration was paid to the trustees. Expenses totalling £1,840 has been reimbursed to the trustees during the period under review.