Page 8 - TH News 177
P. 8

Newsletters were £2,785 to £5,460.      department and sorting out some of
                                                                                         Our postage of the Newsletter was       the problems with the invoices.
                              Treasurer’s                                                of the pandemic. We have a printing     Last but not least, definitely not least,
                                                                                         less than the previous year because
                                                                                                                                 Edith my wife. She checks the office
                                                                                         machine in the office which cost a
                                                                                                                                 phone each night, ensuring that any
                                                                                         lot of money because it can print the
                                AGM REPORT                                               addresses on self-seal envelopes,       messages left on it are answered.
                                                                                                                                 That is in addition to supplying
                                                                                         unfortunately it can't now because it’s
                                                                                         broken and to replace it would cost     me with tea and biscuits when I'm
                                                                                                                                 working in the office at home.
                              FINANCIAL REPORT FOR YEAR 1ST                              approximately £14,000, being the
                              FEBRUARY 2020 to 31st JANUARY 2021                         replacement cost of a high specified    Finally the balance of the account
                                                                                         machine. The current machine we         now stands at:
                                                                                         don't require anymore and I think we    Current Account      £488.01
      I expected to be giving my spiel to a “live” audience this year but to no          should cut our losses and dispose
      avail. I have found it difficult especially as we were not able to hold any        of it. We can get the labels printed    Business Account     £488,758.62
      of our usual fund-raising activities – no afternoon teas (always good for          internally and thanks to our Trustee    Total                £489,246.63
      a gossip), no annual trip, (it would have been Llandudno), no Sponsored            Andrew, the post department in LGI      Thank you.
      Walk, and no Christmas Draw. I was also disappointed that the roof                 will see that they get to the Post
                                                                                         Office directly which is a lot easier for
      garden wasn't refurbished. We had agreed the cost (exhorbitant as it was)          the charity.                            Alec McLean
      but it is after all one of our show stoppers. I am hoping that it will be the                                              Treasurer, Take Heart
      first job after the lockdown eases on 19th July.                                   Finally; ‘The Governance costs’ which
                                                                                         if you don't know what they are (I
                                                                                         didn't until the auditors explained
      Over the year we still managed         late payments from the previous year
      to continue to receive donations       which amounted to £1,028.                   them to me), cover Auditor's Fees,
      amounting to £255,892 which            The costs of generating voluntary           expenses, telephone costs, legal and
      compared very favourably with last     income was Postage £912 from                professional fees, miscellaneous
      year, in fact it was £88,638 more. The   £8,344. Stationery is £626 from           expenses and depreciation of office
      General donations were £235,111        £3,249. Insurance £750 from £1,189,         equipment were £3,023 against
      against last year’s total of £123,283.   and repairs and renewals were £77         £5,007.
      In memory of donations were            from £686, resulting in a massive           Throughout this year I have been
      £19,111 against previous of £39,327    difference of £11,103.                      receiving letters and acknowledging
      (control of mourners at funerals were                                              them and the donations keep coming
      responsible for smaller collections)   Costs of generating funds were              in from all areas. It never ceases to
      and collection boxes were £1,670       Hire of Halls and Transport from            amaze me how well the charity does
      against £4,644. Despite all the        £1,070 to £30. Sponsored Walk               and how much it is thought of. I
      problems our members continue          costs from £1,508 to nil. Christmas         would like to thank all the Trustees
      to send donations to the LGI on a      Draw expenses from £2,065 to £10.           for the work they do over the year.
      regular basis.                         Quiz Night from £851 to nil, and            It has been a difficult year and they
                                             promotional items from £4,586 to            have responded wonderfully well.
      Membership fees were down as were      £2,528. Once again resulting in a
      the sale of promotional goods from     massive difference of £7,512.               I would also like to thank Gina's
      £5,956  to £1,213. Small change boxes                                              secretary Diane who has collected all
      down to £364 from £782. Although       The donation of equipment to                the mail for us and sent it on to my
      there was no sponsored walk over the   the LGI was £322,637 to £105,695            home address; she has also helped
      last financial year there were some    a difference of £216,942 and                by contacting the Credit Income

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