THE CITY OF WINCHESTER TRUST LIMITED
REPORT OF THE COUNCIL AND FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2023
FURTHER NOTES TO THE ACCOUNTS
| 31 March 2023 | 31 March 2022 | |
| 2 OTHER DONATIONS | ||
| Member's subscriptions | 7,031 | 6,833 |
| Donations | 268 | 319 |
| Gift Aid | 1,427 | 1,390 |
| 8,726 | 8,542 | |
| 3 INCOME FROM CHARITABLE ACTIVITIES | ||
| Sale of own publications | 255 | 519 |
| Donations from walks | 655 | 490 |
| 910 | 1,009 | |
| 4 INCOME FROM OTHER TRADING ACTIVITIES | ||
| Sale of Cards | 465 | 1,713 |
| Visits and outings (net) | 288 | 287 |
| 753 | 2,000 | |
| 5 INVESTMENT INCOME | ||
| Dividends and interest (includes £270 restricted income (2022 - 243) | 5,162 | 6,075 |
| Rental income | 20,355 | 19,692 |
| 25,517 | 25,767 |
| 31 March 2023 | 31 March 2022 | |
| 6 EXPENDITURE | ||
| On Raising Funds | ||
| Financial investments | ||
| Investment management fees (includes £21 from restricted funds (2O22 22)) |
710 | 1,212 |
| Let property investments | ||
| Letting fees | 2,431 | 2,371 |
| Let property repairs | 3,488 | 1,945 |
| Council tax | - | 28 |
| Depreciation | 1,440 | 1,824 |
| Cost of cards | 182 | 1,128 |
| Support Costs (see Note 8) | 1,501 | 1,777 |
| 9,752 | 10,285 | |
| On Charitable Activities | ||
| Project and Activities Expenditure (See Note 7) | 3,734 | 4,458 |
| Cost of own publications | 79 | 197 |
| Governance costs | ||
| Accountancy | 1,530 | 1,440 |
| AGM and meeting costs | 441 | 403 |
| Annual Report printing & postage | 469 | 626 |
| Support Costs (see Note 8) | 15,319 | 21,427 |
| 22,892 | 28,551 |
During the period under review no remuneration was paid to the trustees. Expenses totalling £668 (2022: £968) has been reimbursed to the trustees during the period under review.