I have pleasure in presenting my report and accounts of the Central Fund for the year ended 31st December 2021.
Income levels remained steady. Total subscription income from the districts is shown in the table below:
| 2021 | 2020 | |
| Alton & Petersfield | 623.00 | 659.75 |
| Andover | 461.65 | 543.20 |
| Basingstoke | 819.35 | 864.50 |
| Channel Islands | 36.50 | 222.25 |
| Christchurch & Southampton | 859.95 | 912.45 |
| Isle of Wight | 487.55 | 545.65 |
| Portsmouth | 796.25 | 883.40 |
| Winchester | 1,075.90 | 1,166.20 |
| £5,160.15 | £5,797.40 | |
As a result of COVID19 and the impact this had on ringing in 2021, the General Fund balance has increased by £2,725.31. The balance of the Training and Development Fund also increased by £326.17.
Balances held are considered to be sufficient for foreseeable needs. Total financial assets held by the Guild at the year-end were as follows:
| 2021 | 2020 | |||
| Central Fund: | ||||
| General Fund | 8,462.27 | 5,736.96 | ||
| Training and Development Fund | 1,603.19 | 1,277.02 | ||
| Central Reserve Fund | 8,193.45 | 18,258.91 | 8,166.17 | 15,180.15 |
| Districts | 26,886.31 | 27,777.79 | ||
| Sub-Committees | 1,118.27 | 1,089.94 | ||
| £46,263.49 | £44,047.88 | |||
H Woolford
12th March 2022