GENERAL TREASURER’S REPORT

I have pleasure in presenting my report and accounts of the Central Fund and Central Fund Reserve Account for the year ended 31st December 2001.

The effect of the increased membership after the millennium recruiting drive is reflected in the increased amount received in District dues. Due to the way the accounts are prepared we spend in one year your subscriptions from the previous year. It helps me for budgeting purposes as I know early on in the year how much money can be spent.

Our expenditure is consistent with previous years. The major cost being the Guild report closely followed by the Guild Public Liability insurance. That being said in 2002 this particular insurance is set to double. Although we make a small surplus we cannot be complacent and a close watch needs to be kept on the finances of the Guild as a whole to ensure the Districts have adequate funds to work with.

District dues were received as follows:-

20012000
Alton and Petersfield551.60581.35
Andover417.55412.65
Basingstoke372.75393.40
Channel Islands161.75167.00
Christchurch and Southampton576.45471.80
Isle of Wight336.35316.40
Portsmouth607.25570.15
Winchester890.75774.55


£3,914.45£3,687.30


Total financial assets of the Guild:-

20012000
Central Fund860.411,115.46
Central Reserve Fund2,316.602,481.87
Districts7,432.527,058.63
Sub-Committees576.91736.13


£11,186.44£11,392.09