AYCLIFFE AND DISTRICT BUS PRESERVATION SOCIETY ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR 1ST SEPTEMBER 2020 TO 31ST AUGUST 2021 The Trustees met via telephone and e Zoom links on several oecasions during the above period due to the restrictions of Covid19 and continue to be sa¢isfied with the progre55 that the Charity made in the year in regard to the museum collection, conservation, display and limited public outreach together wtth the financial stability of the Charity. The Trustees report that there have been no incidenls affecting the status of the Charity or bregches of their responsibilities in spite of the severe limitations placed upon the Charity by the Governments Covid 19 control Turning to the income 8nd expenditure account the Trustees are advised by the Treasurer and the Honorary Auditor that the year shoivs a bealthy surplus resulting from prudent financial management. Subscription and donation income remain high with tbe additional benefit of the receipt of Gift Aid. Money on deposit eontinues to attract little interest but the Trustees continue to be opposed to any diversifieation on iDveslments at this time. Expenditure is contsined well withtn the income stream which includes Covid19 grants received behveen I. April 2020 and 31° August 2020. Total reserves Stand gt £26,943.29 of whieh £7,918.66 is set aside for restoration project work and £10,238.82 for the potential unknown eosts associated with Ihe running and demonstration of the Charity'5 exhibity. The aeeounts for the year are self explvdn&tory and have been prepared in Ihat manner. Treasurer Honorary Auditor
| A nua o e |
||
|---|---|---|
| Bank Interest Pa ments | 866.85 | |
| Demonstration, Dis la, Administration |
Fees | E300.00 |
| ift Aid Lar e Donations | R3,672.10 | |
| ift Aid Small Donations | ||
| H.M.R.C Gift Aid Pa ments | 8984.06 | |
| H.M.R.CValue Added Tax Refunds | R4,336.61 | |
| INembershi Subscri tions |
R40.00 | |
| Restoration Grant Fundin |
EO.OO | |
| cliffe Unit 13Rental &INiscellaneous | R3,500.00 | |
| Miscellaneous Sund Donations |
8250.00 | |
| ift Aid Not A licable |
820.00 | |
| Gifts Etc Received | f31,267.71 |
| Annu enditu |
Annu enditu |
Annu enditu |
Annu enditu |
|
|---|---|---|---|---|
| Re ular Bills - Rent, Phone, Internet, Water, Heatin, Etc | f25,644.47 | |||
| I.T&Com uter - Hardware &Consumables |
RO.OO | |||
| Socie Clothin - Uniform Items Etc |
||||
| Education - Member Trainin Courses |
||||
| Hos itali -Gifts - INeals -Buffet, Venue Ent |
Fees - AGIN | 842.49 | ||
| Insurance - Buildin s,Vehicles, Communi | Risks | R2,378.50 | ||
| Miscellaneous -Office Su lies, Posta e |
Etc | f154.38 | ||
| Promotional -Bad es, Leaflets, Calendars |
Etc | R1,304.80 | ||
| Restoration -Bristol K8 Tow Truck |
8772.35 | |||
| INiscellaneous Cash Amounts Withdrawn |
@410.00 | |||
| chicle Ex enses - Diesel, Maintainance, | Parkin | Fees Etc | E423.91 | |
| orksho Ex enses - B.O.C Rental, Consumables, |
Tools Etc | R1,858.54 |
AYCLIFFE AND DISTRICT BUS PRESERVATION SOCIETY ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR 1ST SEPTEMBER 2020 TO 31ST AUGUST 2021 The Trustees met via telephone and e Zoom links on several oecasions during the above period due to the restrictions of Covid19 and continue to be sa¢isfied with the progre55 that the Charity made in the year in regard to the museum collection, conservation, display and limited public outreach together wtth the financial stability of the Charity. The Trustees report that there have been no incidenls affecting the status of the Charity or bregches of their responsibilities in spite of the severe limitations placed upon the Charity by the Governments Covid 19 control Turning to the income 8nd expenditure account the Trustees are advised by the Treasurer and the Honorary Auditor that the year shoivs a bealthy surplus resulting from prudent financial management. Subscription and donation income remain high with tbe additional benefit of the receipt of Gift Aid. Money on deposit eontinues to attract little interest but the Trustees continue to be opposed to any diversifieation on iDveslments at this time. Expenditure is contsined well withtn the income stream which includes Covid19 grants received behveen I. April 2020 and 31° August 2020. Total reserves Stand gt £26,943.29 of whieh £7,918.66 is set aside for restoration project work and £10,238.82 for the potential unknown eosts associated with Ihe running and demonstration of the Charity'5 exhibity. The aeeounts for the year are self explvdn&tory and have been prepared in Ihat manner. Treasurer Honorary Auditor