I have pleasure in presenting my report and accounts of the Central Fund and Central Reserve Fund for the year ended 31st December 2010.
Income from District has not significantly gone down on 2009 but what is more interesting is the split of this income from the Districts themselves. The numbers are shown below. Taking into account our other income there is a slight increase on 2009.
Our “normal” expenditure has increased over 2009. The Public Liability Insurance premium reflects the higher cover we now have. The printing of Guild Report was £157 greater than last year. We replaced the Guild Inter District striking competition trophy. In addition there were budget bids from two of the committees paid in 2010 which had not been claimed in 2009.
There were two items of extraordinary expenditure which I have detailed separately. The Guild in General Meeting approved the refurbishment of the Guild Hand Bells and the provision of an extra bell. A donation was approved towards the cost of refurbishment of the William Raynor tomb at Arreton. Both of these resulted in me having to transfer £400 from the Reserve Account to the Central Fund Account.
Even with this transfer the Guild is in a very healthy state financially with a substantial balance remaining in the Reserve Account.
District subscriptions were received as follows:-
| 2010 | 2009 | |
| Alton & Petersfield | 673.40 | 656.60 |
| Andover | 381.85 | 382.55 |
| Basingstoke | 514.15 | 489.65 |
| Channel Islands | 162.75 | 173.75 |
| Christchurch & Southampton | 589.05 | 613.55 |
| Isle of Wight | 461.65 | 443.80 |
| Portsmouth | 612.85 | 594.30 |
| Winchester | 888.30 | 942.90 |
| £4,284.00 | £4,297.10 | |
Total financial assets held by the Guild are as follows:-
| 2010 | 2009 | |
| Central Fund | 437.70 | 672.63 |
| Central Reserve Fund | 7,245.53 | 7,639.86 |
| Districts | 16,552.14 | 15,084.27 |
| Sub-Committees | 933.42 | 594.48 |
| £24,731.09 | £23,991.24 | |
M Bubb