I have pleasure in presenting my report and accounts of the Central Fund and Central Reserve Fund for the year ended 31st December 2004.
This year the effect of the last increase in subscriptions is seen in the increase in this years amount paid to the central fund. Other income is similar to previous years.
Where we show significant savings is in the cost of the Guild Report although we have paid £300 to the ringers of Winchester Cathedral towards the cost of the open day run by the Cathedral Authorites which included information and demonstrations of our art.
The Guild’s public liability insurance has remained at the same price as previous years and on renewal there has been no increase.
There has been as general saving in the other expenses.
We show a significant surplus this year compared with previous years. I hope that the Guild will be able to use these funds wisely towards the advancement of our Art in the Guild area.
District subscriptions were received as follows:-
| 2004 | 2003 | |
| Alton & Petersfield | 606.90 | 538.30 |
| Andover | 490.70 | 417.55 |
| Basingstoke | 432.25 | 365.75 |
| Channel Islands | 194.25 | 198.25 |
| Christchurch & Southampton | 714.35 | 601.30 |
| Isle of Wight | 365.75 | 315.00 |
| Portsmouth | 655.20 | 547.75 |
| Winchester | 977.90 | 854.00 |
| £4,437.30 | £3,837.90 | |
Total financial assets held by the Guild are as follows:-
| 2004 | 2003 | |
| Central Fund | 915.54 | 1,470.89 |
| Central Reserve Fund | 3,718.87 | 2,857.11 |
| Districts | 10,295.74 | 8,930.22 |
| Sub-Committees | 624.97 | 752.33 |
| £15,555.32 | £14,010.55 | |