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2023-03-31-accounts

Oxfordshire Geology Trust

Email: contact@oxfordshiregeologytrust.org.uk

AGM 18[th] July 2023

CHAIR’S REPORT

for the year 2022-23

Our mission remains:

CARING FOR OUR LANDSCAPE AND GEOLOGICAL HERITAGE

Oxfordshire Geology Trust (formerly the Oxfordshire RIGS Group) was founded in 2000. OGT is a non-profit making organisation with two primary objectives:

1. To protect and conserve geological sites and our landscape :

2. To raise awareness of the county's rich and varied Earth Heritage and geology :

The only way that sites can be protected is if people believe that they are worth protecting. OGT oversees a series of projects and undertakes events aimed at raising awareness, both within local communities and in partnership with other organisations, of the geo- importance of these sites.

The Geology Trusts is a national umbrella organization for Geo-conservation and Earth Heritage, and provides a forum in which its members share ideas, develop best practice and organize inter-county projects and collaborative work with other conservation organisations.

OGT has:

A brief breakdown of activities since our last AGM

Summary of key OGT organised and participated events since the 2022 AGM

Date Location Title Event type Organisation
2022
July 20 Old Town Hall
Faringdon
OGT AGM Membership OGT
July 27 North Leigh Library Fantastic Fossils Family Events OGT
July 31 Foxburrow Wood,
Witney
Wychwood Forest
Fair
Family Event Wychwood Project
August 6 Kidlington Library Fantastic Fossils Family Event OGT
August 6 W Smith (Churchill) Geo-walk Iffley History Society HIS+OGT
August 8 Cogges Farm Geology Report Consultation OGT
Sept 24 Wallingford Museum Fantastic Fossils Family Event OGT
Oct 15 TVERC Autumn
Meeting
Invited talk: Geol of
Oxford (LD & OG)
Recorders Event TVERC
2023
February 11 Carterton Library Fantastic Fossils Family Event OGT
March 11 Abingdon Museum Fantastic Fossils Family Event Abingdon Mus+OGT
March 18 Carterton Library Magical
Microscopes
Family Event OGT
May 14 Dry Sandford Quarry Visit & geo-
walk
Family Event OGT
June 14 Kirtlington Quarry Quarry Visit & geo-
walk
Family Event KWACS & OGT
July 9 Wychwood Forest
Fair
Foxburrow Wood,
Witney
Family Event Wychwood Project
July 18 Old Crown Coaching
Inn, Faringdon
AGM Membership OGT
August 4 Faringdon Faringdon Play
and Activity Day
Family Event OCC
September
10
Building Stones walk
around Ashbury
Geo-walk Family Event OGT
September
23
Wallingford Museum Fantastic Fossils Family Event OGT
Oct. Half-
Term
North Leigh Library Fantastic Fossils Family Event OGT
November 4 University College,
London
Festival of Geology Family Event Geologists’ Association

Events indicated in red to be confirmed and reported on at the AGM in 2024.

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OXFORDSHIRE GEOLOGY TRUST

AGM July 2023

TREASURER’S REPORT for the financial year 2022-23

Balance sheet

The end-year balance totals £14,570 compared to £15,210 the previous year.

Income and expenditure account

Our financial ledger, invoices and statements for the year have been independently checked by Mr Brian Smith, whose help is gratefully acknowledged.

We received no project grants during the year and our income of £560 came mainly from the sale of trail guides (£460) and events (£100).

Expenditure was £1,200, including £818 for rent of a storeroom and £296 for insurance costs. Expenditure exceeded income by £640.

Projected cash flow 2023-2024

OGT income next year may be less than £600, whilst expenditure is likely to remain around £1,200. If the anticipated budget shortfall comes from our accumulated existing funds, it could leave an end-year total bank balance of under £14,000.

W.T. Horsfield OGT Treasurer

Balance sheet for year ending March 31st 2023

Current Assets
OGT bank account 14,570
Petty cash 0
£14,570
Current Liabilities
Accruals 0
£14,570
Financed by
Balance from previous year £15,210
Deficit this year -640 £14,570

Income and Expenditure for year ending March 31st 2023

Income
Consultancy 100
Donations 0
Guide sales and other income 460
£560
Expenditure
Rent 818
Insurance 296
Professional services 86
Memberships 0
Purchases 0
£1,200
Excess of Expenditure over
Income
£640

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