Chairmans Report:
I didn’t anticipate it, but here we are again having our second
annual AGM virtually, courtesy of ‘microsoft teams’. Although it is
disappointing we cannot meet up and have this meeting face to face
it’s more important that we keep each other as safe as we can be.
Having said that the Trustees were able to see each other on
screen to discuss our achievements over the last year and also
hear the finance report from our Treasurer, Alec. It’s amazing to
hear we have now raised more than £5 million over the years. It
was also good to welcome one of the LGI cardiology consultants, Dr
Jenny Rossington, who specialises in coronary angioplasty to talk
about explain my procedure.
As chair of the charity I would like to thank the work of our Trustees
over the last year, they have done an amazing job to keep the
charity running, albeit slightly differently. We do miss the stall and
our regular afternoon teas, not to mention the quiz and sponsored walk. However, Bill keeps
our website up to date so we have managed to share information during the year. Special
thanks to Alec and Trevor for their roles in the office keeping up to date with admin tasks and
recognition to all our Trustees who have been helping with the newsletter. We have managed
to deliver a number of schemes including ECG equipment, bladder scanner for the cardiac
wards, rehab equipment post cardiac surgery, patient booklets and patient access to free TV to
name but a few. However, none of this would be possible without our members who I would like
to thank for their continuing support which is so gratefully received by patients and staff.
Gina McGawley
Chairman, June 2021
FINANCIAL REPORT FOR YEAR 1ST FEBRUARY 2020 to 31
st
JANUARY 2021
I expected to be giving my spiel to a “live” audience
this year but to no avail. I have found it difficult
especially as we were not able to hold any of our
usual fund-raising activities – no afternoon teas
(always good for a gossip), no annual trip, (it would
have been Llandudno), no Sponsored Walk, and no
Christmas Draw. I was also disappointed that the roof
garden wasn`t refurbished. We had agreed the cost
(exhorbitant as it was) but it is after all one of our
show stoppers. I am hoping that it will be the first job
after the lockdown eases on 19
th
July.
Over the year we still managed to continue to receive donations amounting
to £255,892 which compared very favourably with last year, in fact it was
£88,638 more. The General donations were £235,111 against last year’s
total of £123,283. In memory of donations were £19,111 against previous of
£39,327 (control of mourners at funerals were responsible for smaller
collections) and collection boxes were £1,670 against £4,644. Despite all
the problems our members continue to send donations to the LGI on a
regular basis.
Membership fees were down as were the sale of promotional goods from
£5,956
to £1,213. Small change boxes down to £364 from £782. Although
there was no sponsored walk over the last financial year there were some
late payments from the previous year which amounted to £1,028.
The costs of generating voluntary income was Postage £912 from £8,344.
Stationery is £626 from £3,249. Insurance £750 from £1,189, and repairs
and renewals were £77 from £686, resulting in a massive difference of
£11,103.
Costs of generating funds were Hire of Halls and Transport from £1,070 to
£30. Sponsored Walk costs from £1,508 to nil. Christmas Draw expenses
from £2,065 to £10. Quiz Night from £851 to nil, and promotional items from
£4,586 to 2,528. Once again resulting in a massive difference of £7,512.
The donation of equipment to the LGI was £322,637 to £105,695 a
difference of £216,942 and Newsletters were £2,785 to £5,460. Our postage
of the Newsletter was less than the previous year because of the pandemic.
We have a printing machine in the office which cost a lot of money because
it can print the addresses on self-seal envelopes, unfortunately it can`t now
because it’s broken and to replace it would cost approximately £14,000,
being the replacement cost of a high specified machine. The current
machine we don`t require anymore and I think we should cut our losses and
dispose of it. We can get the labels printed internally and thanks to our
Trustee Andrew, the post department in LGI will see that they get to the
Post Office directly which is a lot easier for the charity.
Finally; ‘The Governance costs’ which if you don`t know what they are ( I
didn`t until the auditors explained them to me), cover Auditior’s fees,
expenses, telephone costs, legal and professional fees, miscellaneous
expenses and depreciation of office equipment were £3,023 against £5,007.
Throughout this year I have been receiving letters and acknowledging them
and the donations keep coming in from all areas. It never ceases to amaze
me how well the charity does and how much it is thought of. I would like to
thank all the Trustees for the work they do over the year. It has been a
difficult year and they have responded wonderfully well. I would also like to
thank Gina`s secretary Diane who has collected all the mail for us and sent
it on to my home address; she has also helped by contacting the Credit
Income department and sorting out some of the problems with their
invoices.
Last but not least, definitely not least, Edith my wife. She checks the office
phone each night, ensuring that any messages left on it are answered. That
is in addition to supplying me with tea and biscuits when I`m working in the
office at home.
Finally the balance of the account now stands at:
Current Account
£488.01
Business Account £488,758.62
Total
£489,246.63
Thank you.
Alec J. McLean,
Treasurer, June 2021