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THE CITY OF WINCHESTER TRUST LIMITED
REPORT OF THE COUNCIL AND FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2013

FURTHER NOTES TO THE ACCOUNTS

  31 March 2013 31 March 2012
2 VOLUNTARY INCOME
Grant from Hampshire County Council 1,000 1,000
Grant from Winchester City Council - 200
Member's subscriptions 4,882 5,495
Donations 200 400
Gift Aid 908 879
  6,990 7,974
     
3 ACTIVITIES GENERATING FUNDS
     
Sale of Cards 1,148 2,022
Open gardens 462 -
Visits and outings (net) 106 40
  2,048 2,062
     
4 INVESTMENT INCOME
     
Dividends and interest (includes 400 restricted income (2012 - 394) 7,012 6,918
Rental income 12,900 12,900
  19,912 19,818
     
5 INCOME FROM CHARITABLE ACTIVITIES
     
Energy Savings Trust project - grant 47,596 24,508
Hampshire Garden Trust Contribution (see project expenditure) - 800
Sale of own publications 323 788
Donations from walks 505 647
Winter talks - 50
  48,424 26,793
     
6 OTHER INCOME RESOURCES
     
Car boot sale concession - 576
     
  - 576


  31 March 2013 31 March 2012
7 RESOURCES EXPENDED
     
Costs of Generating Voluntary Income    
  Support costs 595 470
  595 470
     
Fundraising: Cost of Goods Sold and Other Costs    
  Cost of cards 1,067 1,014
  1,067 1,014
Investment Management Costs    
Investment management fees 1,223 961
   Letting fees 1,161 1,161
   Let property repairs 380 402
   Property Valuation fee 600 -
   Support Costs 297 235
  3,661 2,759
     
Charitable Activities Expenditure    
   Project and Activities Expenditure (See Note 8) 54,247 32,692
   Cost of own publications 104 178
   Support Costs (see Note 9) 16,971 13,177
     
  71,322 46,047
Governanve costs    
   Accountancy 1,170 1,130
   AGM costs 237 639
   Annual Report printing & postage 512 559
   Support Costs 2,645 2,065
     
  4,564 4,393

During the period under review no remuneration was paid to the trustees. Expenses totalling 3,378 (2012: 1,840) has been reimbursed to the trustees during the period under review.