THE CITY OF WINCHESTER TRUST LIMITED
REPORT OF THE COUNCIL AND FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2019
FURTHER NOTES TO THE ACCOUNTS
| 31 March 2019 | 31 March 2018 | |
| 2 OTHER DONATIONS | £ | £ |
| Legacies | - | 5,000 |
| Member's subscriptions | 6,944 | 7,386 |
| Donations | 159 | 1,929 |
| Gift Aid | 1,713 | 1,776 |
| 8,816 | 16,091 | |
| 3 INCOME FROM CHARITABLE ACTIVITIES | £ | £ |
| Sale of own publications | 849 | 644 |
| Donations from walks | 406 | 717 |
| Heritage Open Weekend - 2018 | 5,382 | 55 |
| Heritage Open Weekend - 2019 | 500 | - |
| 7,137 | 1,416 | |
| 4 INCOME FROM OTHER TRADING ACTIVITIES | £ | £ |
| Sale of Cards | 1,327 | 1,316 |
| Visits and outings (net) | 268 | 71 |
| 1,595 | 1,387 | |
| 5 INVESTMENT INCOME | £ | £ |
| Dividends and interest (includes £444 restricted income (2018 - £421) | 6,544 | 6,494 |
| Rental income | 17,152 | 19,407 |
| 23,696 | 25,901 |
| 31 March 2019 | 31 March 2018 | |
| 6 EXPENDITURE | £ | £ |
| On Raising Funds | ||
| Financial investments | ||
| Investment management fees (includes £48 from restricted funds) |
1,193 | 1,098 |
| Let property investments | ||
| Letting fees | 2,433 | 2,742 |
| Let property repairs | 1,952 | 621 |
| Council tax | 190 | - |
| Depreciation | 1,457 | 1,942 |
| Cost of cards | 861 | 895 |
| Support Costs (see Note 8) | 1,690 | 1,285 |
| 9,776 | 8,583 | |
| On Charitable Activities | ||
| Project and Activities Expenditure (See Note 7) | 9,934 | 4,539 |
| Cost of own publications | 483 | 494 |
| Governance costs | ||
| Accountancy | 1,440 | 1,440 |
| Valuation fees | - | 900 |
| AGM and meeting costs | 442 | 550 |
| Annual Report printing & postage | 480 | 572 |
| Support Costs (see Note 8) | 18,889 | 15,312 |
| 31,668 | 23,807 |
During the period under review no remuneration was paid to the trustees. Expenses totalling £1.393 (2018: £2,509) has been reimbursed to the trustees during the period under review.