Income and expenditure
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 1996
| Note | Total 1996 £ | Total 1995 £ | Administration Fund £ | Development Fund £ | Other Funds £ | ||||||
| INCOME | |||||||||||
| Affiliation Fees | 1 b . | 10,184,053 | 9,995,801 | 9,158,929 | 1,025,124 | - | |||||
| Property Rental and Service Charges | 818,112 | 876,085 | 818,112 | - | - | ||||||
| Investment Income | 234,617 | 202,128 | 231,875 | - | 2,742 | ||||||
| Sale of Publications | 67,726 | 147,891 | 46,167 | 21,559 | - | ||||||
| Education Facilities | 667,947 | 562,423 | 667,947 | - | - | ||||||
| Donations and Fees Received | 527,260 | 376,709 | 121,556 | 405,704 | - | ||||||
| Grants Receivable from Public Funds | 80,856 | 489,575 | 80,856 | - | - | ||||||
| TOTAL INCOME | £12,580,571 | £12,650,612 | £11,125,442 | £1,452,387 | £ 2,742 | ||||||
| EXPENDITURE | |||||||||||
| Staff Costs | 2 | 5,320,133 | 6,461,726 | 5,075,496 | 244,637 | - | |||||
| Property Charges | 3 | 1,556,339 | 1,409,107 | 1,556,339 | - | - | |||||
| Office Expenses | 4 | 2,453,745 | 1,799,781 | 1,440,051 | 986,168 | 27,526 | |||||
| International Affiliation Fees | 5 | 1,463,237 | 1,661,231 | 1,463,237 | - | - | |||||
| Travel and Meetings | 475,300 | 492,108 | 418,753 | 56,547 | - | ||||||
| Congress | 136,335 | 65,770 | 136,335 | - | - | ||||||
| Trade Union Education | 7,728 | 1,078,086 | 7,728 | - | - | ||||||
| Grants and Donations | 6 | 656,628 | 753,315 | 624,499 | 32,129 | - | |||||
| Depreciation | 1 c . | 320,920 | 332,740 | 205,630 | 115,290 | - | |||||
| Taxation | 7 | 24,434 | 11,460 | 24,434 | - | - | |||||
| Transfers to (from) other Funds | - | - | - | - | - | ||||||
| VAT Recovered | (127,434 ) | (139,947 ) | (127,434 ) | - | - | ||||||
| TOTAL EXPENDITURE | £12,287,365 | £13,925,377 | £10,825,068 | £1,434,771 | £ 27,526 | ||||||
|
OPERATING SURPLUS (DEFICIT) | 293,206 | (1,274,765 ) | 300,374 | 17,616 | (24,784 ) | ||||||
| Funds at 1 January | 5,132,248 | 6,330,139 | 2,916,226 | 1,998,870 | 217,152 | ||||||
| VAT Recovered in respect of past years | - | 22,991 | - | - | - | ||||||
| Gain on Foreign Exchange | 8,343 | 7,621 | 8,343 | - | - | ||||||
| Profit on Sales of Assets | 210 | 19,761 | 210 | - | - | ||||||
| Profit on Disposal of Investments | 129,590 | 26,501 | 129,590 | - | - | ||||||
| FUNDS EMPLOYED | £5,563,597 | £5,132,248 | £3,354,743 | £2,016,486 | £192,368 |
Stay Updated
Want to hear about our latest news and blogs?
Sign up now to get it straight to your inbox