| Page | ||||
|---|---|---|---|---|
| Report ofthe | Trustees | 2-6 | ||
| Independent | Examiner's | report on the financial | statements | |
| Receipts and | Payments | Account | 8- 10 |
| Aberystwyth | Immingham | Ribble Valley | Ribble Valley | ||
|---|---|---|---|---|---|
| Axe Vale | Ipswich | Salford | |||
| Belfast | Kent | Scarborough | |||
| Blackpool | Liverpool | Solent | |||
| Boston &.South Lines | London & | Greater London | Tamworth | ||
| Bristol | Mansfield | &Ashfield | Taunton | ||
| Caithness | Medway | Ti 1bury | |||
| Dormanstown | &Redcar | Midlands | Torbay | ||
| Dumfries | Morecombe Bay |
Weymouth | & Pot%land | ||
| East Lothian | Newport | Walton & District | |||
| Exeter | North Wales* | West Norfolk | |||
| Felixstowe | Pill & North Somerset | Western Isles |
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| Harrogate | Plymouth | & Southwest | Wirral |
| Reserves | policy | Funds are held to cover at least | 12 months ofoperational | costs. |
|---|---|---|---|---|
| Cash held | Cash at hand, in the bank on |
31" August 2021 was |
f75.642 (f67,721 —2019!20) in | |
| unrestricted funds. The main |
financial risk of the |
charity is a reduction in annual |
||
| subscriptions. | ||||
| Primary | funding: | The regular sources ofannual funding are from: ~ Membership subscription which, in 2020/21 amounted tof15,516(2019/20 —f12,373) |
||
| ~ Donations —the Association | receives a number ofdonations annually. In 2020/21 these |
|||
| amounted to f19,296 (2019/20 —f10,861)including |
Gift Aid (All donors are asked to | |||
| add Gift Aid where possible | and this money is reclaimed annually. ) Legacies are also |
|||
| welcome. |
| Unrestricted | General funds | General funds | |||||
|---|---|---|---|---|---|---|---|
| RECEIPTS | 2021 | 2020 | |||||
| Activities for Generating | Funds | ||||||
| Membership Subscriptions Slop Chest |
15,516 5, 143 |
12,373 6,085 |
|||||
| Charitable Activities |
|||||||
| Research | 400 | ||||||
| Ministry ofDefence MN100 Event |
—Merchant | Seafarers Veteran's Badge | 77 | 20 49,053 |
|||
| Voluntary Income Donations |
19,296 | 10,861 | |||||
| Investment Income |
- Bank Interest | ||||||
| TOTAL RECEIPTS | 40,432 | 78,394 | |||||
| PAYMENTS | |||||||
| Costs ofGenerating | Funds | ||||||
| Telephone | 787 | 371 | |||||
| Postage | 1,581 | 2,760 | |||||
| Stationery and Printing |
468 | 1,095 | |||||
| Advertising and Marketing |
1,015 | 3,802 | |||||
| Website Expenses | 36 | 8 | |||||
| Travel and Accommodation | 633 | 7,625 | |||||
| Meeting Expenses | 263 | ||||||
| Insurance | 1,257 | 843 | |||||
| Slop Chest | 2,451 | 251 | |||||
| Newsletter —Full Ahead | 9,644 | 6,374 | |||||
| Independent Examiner Fees |
1,200 | 1,200 | |||||
| Professional Fees |
1,272 | ||||||
| Costs ofCharitable | Activities | ||||||
| Welfare Payments | 1,160 | 925 | |||||
| Research | 687 | 1,522 | |||||
| Merchant Navy Day |
Commemorative | Service | 191 | ||||
| MN100 Event | 78,076 | ||||||
| Softv'are Support | 127 | 254 | |||||
| Donations | 6,289 | ||||||
| Gala Dinner | |||||||
| Sundry Expenses |
4404 | 15.397 | |||||
| 32,511 | 120,957 | ||||||
| SURPLUS / (DEFICIT) | FOR YEAR | 7,921 | 42,563 |
| MERCHANT NAVY ASSOCIATIO |
N | |||
|---|---|---|---|---|
| STATEMENT OF FUNDS | ||||
| AT 31STAUGUST 2021 | ||||
| 2021 | 2020 | |||
| Current Assets |
||||
| Bank Current Account |
64,358 | 59,147 | ||
| Bank Fundraising Bonus Saver Account |
5,016 | 1,266 | ||
| welfare Support Fund |
6,268 | 7,308 | ||
| 75,642 | 67,721 | |||
| Net Assets | 75,642 | 67,721 | ||
| REPRESENTED BY: | ||||
| Accumulated Surplus |
brought | forward | 67,721 | 110,284 |
| Surplus / (Deficit) for |
year | 7,921 | (42,563) | |
| 75,642 | 67,721 |