THE CITY OF WINCHESTER TRUST LIMITED
REPORT OF THE COUNCIL AND FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2020
FURTHER NOTES TO THE ACCOUNTS
| 31 March 2020 | 31 March 2019 | |
| 2 OTHER DONATIONS | £ | £ |
| Member's subscriptions | 6,644 | 6,944 |
| Donations | 807 | 159 |
| Gift Aid | 1,304 | 1,713 |
| 8,755 | 8,816 | |
| 3 INCOME FROM CHARITABLE ACTIVITIES | £ | £ |
| Sale of own publications | 649 | 849 |
| Donations from walks | 892 | 406 |
| Heritage Open Weekend - 2018 | - | 5,382 |
| Heritage Open Weekend - 2019 | 5,010 | 500 |
| 6,551 | 7,137 | |
| 4 INCOME FROM OTHER TRADING ACTIVITIES | £ | £ |
| Sale of Cards | 1,287 | 1,327 |
| Visits and outings (net) | 703 | 268 |
| Car Boot Sale | (90) | - |
| 1,900 | 1,595 | |
| 5 INVESTMENT INCOME | £ | £ |
| Dividends and interest (includes £434 restricted income (2019 - £444) | 7,073 | 6,544 |
| Rental income | 16,895 | 17,152 |
| 23,968 | 23,696 |
| 31 March 2020 | 31 March 2019 | |
| 6 EXPENDITURE | £ | £ |
| On Raising Funds | ||
| Financial investments | ||
| Investment management fees (includes £24 from restricted funds) |
1,174 | 1,193 |
| Let property investments | ||
| Letting fees | 2,399 | 2,433 |
| Let property repairs | 1,261 | 1,952 |
| Council tax | 433 | 190 |
| Depreciation | 1,522 | 1,457 |
| Cost of cards | 893 | 861 |
| Support Costs (see Note 8) | 1,776 | 1,690 |
| 9,458 | 9,776 | |
| On Charitable Activities | ||
| Project and Activities Expenditure (See Note 7) | 10,210 | 9,934 |
| Cost of own publications | 575 | 483 |
| Governance costs | ||
| Accountancy | 1,440 | 1,440 |
| AGM and meeting costs | 225 | 442 |
| Annual Report printing & postage | 450 | 480 |
| Support Costs (see Note 8) | 19,906 | 18,889 |
| 32,806 | 31,668 |
During the period under review no remuneration was paid to the trustees. Expenses totalling £1.865 (2019: £1,393) has been reimbursed to the trustees during the period under review.