GENERAL TREASURER’S REPORT

I have pleasure in presenting my report and accounts of the Central Fund for the year ended 31st December 2020.

Income levels remained steady. Total subscription income from the districts is shown in the table below:

20202019
Alton & Petersfield659.75672.70
Andover543.20580.65
Basingstoke864.50795.55
Channel Islands222.25*233.50
Christchurch & Southampton912.45888.65
Isle of Wight545.65598.50
Portsmouth883.40872.55
Winchester1,166.201,184.05


£5,797.40£5,826.15


*corrected figure from 2019 accounts

As a result of COVID19 and the impact this had on ringing in 2020, the General Fund balance has increased by £2,425.10. The balance of the Training and Development Fund also increased by £158.40.

Balances held are considered to be sufficient for foreseeable needs. Total financial assets held by the Guild at the year-end were as follows:

20202019
Central Fund:
General Fund5,736.963,311.86
Training and Development Fund1,277.021,118.62
Central Reserve Fund8,166.1715,180.158,102.3512,532.83
Districts27,777.7925,564.57
Sub-Committees1,089.941,582.98


£44,047.88£39,680.38


H Woolford
12th March 2021