The Treasurer until the Guild AGM in June was Helen Woolford, who then handed over to myself, Robin Milford. Considerable difficulty was found in changing signatories on our TSB accounts, with access only being transferred on 6th December 2022. I now have pleasure in presenting my report and accounts of the Central Fund for the year ended 31st December 2022.
Income levels received by the Guild dropped considerably in 2022, reflecting the decision to suspend subscriptions in 2021 because of the Covid19 pandemic. Total subscription income from the districts is shown in the table below:
| 2022 | 2021 | |
| Alton & Petersfield | 0.00 | 623.00 |
| Andover | 46.20 | 461.65 |
| Basingstoke | 5.60 | 819.35 |
| Channel Islands | 211.00 | 36.50 |
| Christchurch & Southampton | 23.80 | 859.95 |
| Isle of Wight | 15.05 | 487.55 |
| Portsmouth | 6.65 | 796.25 |
| Winchester | 20.65 | 1,075.90 |
| £328.95 | £5,160.15 | |
As a result of COVID19 and the impact this had on ringing in 2021, the General Fund balance has decreased by £3,813.75. The Training and Development Fund increased by £134.00.
Balances held are considered to be sufficient for foreseeable needs. Total financial assets held by the Guild at the year-end were as follows:
| 2022 | 2021 | |||
| Central Fund: | ||||
| General Fund | 4,648.52 | 8,462.27 | ||
| Training and Development Fund | 1,737.19 | 1,603.19 | ||
| Central Reserve Fund | 8,227.93 | 14,613.64 | 8,193.45 | 18,258.91 |
| Districts | 28,004.31 | 26,886.31 | ||
| Sub-Committees | 1,313.28 | 1,118.27 | ||
| £43,931.23 | £46,263.49 | |||
R Milford
10th March 2023