Trust Annual Report 2020

 

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.