THE FRIENDS OF ST JAMES THE GREAT, THORLEY

ANNUAL GENERAL MEETING 19th MARCH 2004

TREASURER'S REPORT - YEAR ENDING 31 DECEMBER 2003

 

1. The year was again financially very successful. There was an excess of income over expenditure of 4725.78.  This represents a decrease of 857.14 compared with the corresponding figure for 2002. The excess funds have been invested in the Central Board of Finance (CBF) until such time as they were required.

Details for the last three years are as follows (amounts in brackets indicate a loss): 

 

2003

2002

2001

 

Profit (Loss)

Profit (Loss)

Profit (Loss)

Subscriptions  1,406.00 1,362.00 990.00
Donations  130.43 395.88 512.22
AGM  (45.74) (59.87) (30.00)
Flower Festival  4,024.12 2,555.54 2,561.59
Quiz Evening  189.40 197.82 253.61
Barn Talk 0.00 124.73 0.00
Jubilate Concert 43.83 100.00 0.00
Souvenirs  (146.09) 21.90 37.00
Sunday Teas  700.76 575.42 589.20
Repairs & Maintenance  (2,049.98) 0.00 (25,000.00)
Sundries/Miscellaneous  (12.38) (50.34) (21.80)
Lottery Registration  (17.50) (17.50) (17.50)
Miscellaneous Equipment  (50.00) 0.00 0.00
Bank Interest / Charges 0.00 1.14 (0.33)
CBF Interest  552.93 376.20 948.09
Total 4,725.78 5,582.92 (19,177.22)
Excluding PCC Payment of 25000    

5,822.08

 

2. Subscriptions

These totalled 1406.00, an increase of 44.00 over 2002.  There were 83 paying members and 16 subscriptions from couples who married, or whose wedding were blessed, at St. James during the year.

 

3. Annual General Meeting

The sum under Annual General Meeting represents donations, less the cost of refreshments and a contribution towards the running costs of the St Barnabas Centre.

 

4. Donations

Donations totalled 130.43. This was 265.45 less than in 2002.

 

5. Flower Festival

The excess income over expenditure for the Festival of Flowers and Music remained fairly constant from year to year until 2003, when there was a large increase of 1468.58 over 2002. This was largely due to Peter Cooper, who donated the net income of 1014.11 from the photographic sittings he held during the Festival. Overall income increased by 1534.25 (33.2%) and expenditure by 65.67 (3.2%).

There were increases in the net income for:

a) Raffle - 6.40.

b) Refreshments and Ice cream - 203.24
Refreshments up 195.93, Ice Cream up 7.31

c) Stalls - 189.27.

d) Plants - 4.25

e) Photographs - 1014.11 (there was no income from photographic sittings in 2002)

f) Programmes - 69.16 (there was no income from programmes in 2002)

There were decreases in net income for:

a) Paintings Exhibition -31.70

b) Church collections and Donations - 117.63

c) Shop - 13.00

d) Bell Tower and Tours - 24.00 (there was no income in 2003)

Conversely, the main net expenditure changes were

a) Other expenses, up 20.74.
Included here are a donation to the St John Ambulance, the cost of a newspaper advertisement, postage and a donation to the organist.

b) Flowers, down 189.22

Details for the last three years are

 

 

2003

2002

2001

 

Profit (Loss)

Profit (Loss)

Profit (Loss)

Raffle 485.20 478.80 461.80
Church Collections/ Donations  564.25 681.88 688.13
Bell Tower / Church Tours  0.00 24.00 23.00
Refreshments  937.15 741.22 681.90
Ice Cream 24.02 16.71 67.31
Shop / Souvenirs  103.00 116.00 78.00
Plants 305.75 301.50 229.50
Flowers  (413.48) (602.70) (556.34)
Stalls (3) 955.79 766.52 752.25
St Barnabas Centre (1) (120.00) (120.00) (120.00)
Other Expenses (2) (202.03) (181.29) (169.80)
Painting Commission  301.20 332.90 425.84
Photographs 1,014.11 0.00 0.00
Programmes 69.16 0.00 0.00
Total 4,024.12 2,555.54 2,561.59

 

Note 1. The payment for the St. Barnabas Centre represents the Friends’ contribution to the running costs of the building.

Note 2. Other expenses include such items as a newspaper advertisement, postage, photocopying, paper and a donation to the St John Ambulance.

Note 3. The stalls total includes donations from the Wood Turner and, in 2003, a Cartoonist.

 

6. Quiz Evening

Another enjoyable and successful Quiz Evening was held, which yielded a net income, inclusive of raffle receipts, of 189.40. This represents a decrease of 8.42 from 2002. Included in the expenditure is a contribution to the running costs of the St Barnabas Centre.

Details are as follows

 

2003

2002

Difference

Meals 

(240.60)

(247.85)

7.25

Expenses

0.00

(9.88)

9.88

Hall

(40.00)

(40.00)

0.00

Tickets 

387.00

411.00

(24.00)

Refreshments

0.00

5.55

(5.55)

Raffle

83.00

79.00

4.00

Total

189.40

192.27

(8.42)

 

7. Jubilate Concert

The sum of 43.83 was donated to the Friends from money raised by a concert by Jubilate.

 

8. Souvenirs

The sum of 30.10 was received from the sale of souvenirs on Sundays when teas were held. There was expenditure of 176.19 on a new supply of mugs. Receipts from sales at the Flower Festival are included in the income from the shop and are not separately identified.

   

9. Sunday teas

The sale of refreshments on Sunday afternoons to raise funds continued from April to October. The net total was 700.76, an increase of 125.34 over 2002.

 

10. Repairs and Maintenance

There was expenditure of 2049.98 on repairs and maintenance to the Church and Churchyard. There was also expenditure of 50.00 on miscellaneous equipment.

 

11. Sundries and Miscellaneous

The sum under Sundries and Miscellaneous includes postage of 12.38 and the annual lottery registration of 17.50.

 

Adrian Phillips
Honorary Treasurer
19th March 2004

 

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