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2024-03-31-accounts

Oxfordshire Geology Trust

Email: contact@oxfordshiregeologytrust.org.uk

AGM 17[th] July 2024

CHAIR’S REPORT for the year 2023-24

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 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, providing 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 July 2023 AGM

Date Location Title Event type Organisation
2023
August 4 Faringdon Faringdon Play
and Activity Day
Family Event OCC
August 12 Highworth Arts and Literature
Festival
Family Event Highworth Visitors
Centre
September 9 Churchill Wotton and Dry
Sandford History
Society
Geo-walk OGT
September
10
Building Stones walk
around Ashbury
Geo-walk Family Event OGT
September
23
Wallingford Museum Fantastic Fossils Family Event OGT
November 1 Rock Edge Nature
Reserve, Headington
Coral Reefs and
fossils
Headington
Preparatory School
OGT
November 4 University College,
London
Festival of Geology Family Event Geologists’ Association
November
11
Nettlebed Examination of the
Nettlebed
Puddingstones
Geo-walk OGT
2024
March 10 Headington and
Wheatley
The Corallian of
Oxford
Reading Geological
Society
OGT
March 16 Abington Atom Science
Festival
Family Event
April 6 Bampton Library Magical
Microscopes
Family Event OGT
May 16 Southmoor Village
Hall
Talk on William
Smith
Longworth and
District History
Society
OGT
June 17 Burlington House,
London
Talk on William
Arkell
Home Counties
(North) GSL
HCNGSL
July 10 Blunsdon House
Hotel
Talk on William
Arkell
Thamesdown
Probus Group
TPG
July 17 Faringdon AGM Members Event OGT
August 2 Faringdon Faringdon Play
Day: Fun with
Fossils
Family Event OCC
August 3 Stonesfield Rocks and Fossils
of Stonesfield
Geo-walk
August 17 Carterton Library Fantastic Fossils Family Event OGT
August 26 Shipton-under-
Wychwood
Fantastic Fossils at
Shipton Fair
Family Event
September
21
Wallingford Fantastic Fossils at
Wallingford
Museum
Family Event

Events indicated in red to be confirmed and reported on at the AGM in 2025.

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OXFORDSHIRE GEOLOGY TRUST

AGM July 2024

TREASURER’S REPORT for the financial year 2023-24

Balance sheet

The end-year balance totals £14,217 compared to £14,570 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.

Our income of £922 included a Shell Community Kindness Grant of £440 and £362 from the sale of trail guides.

Expenditure was £1,275, including £792 for rent of a storeroom and £296 for insurance costs. Expenditure exceeded income by £353.

Projected cash flow 2024-2025

OGT income next year may be less than £600, whilst expenditure is likely to be more than £1,200. If the anticipated budget shortfall comes from our accumulated existing funds, it will leave an end-year bank balance of around £13,500.

W.T. Horsfield OGT Treasurer

3

Balance sheet for year ending March 31st 2024

Current Assets
OGT bank account 14,217
Petty cash 0
£14,217
Current Liabilities
Accruals 0
£14,217
Financed by
Balance from previous
year
£14,570
Deficit this year -353 £14,217

Income and Expenditure for year ending March 31st 2024

Income
Shell Grant 440
Consultancy 100
Donations 0
Trail guide sales 362
Other 20
£922
Expenditure
Rent 792
Insurance 296
Professional services 72
Memberships 115
Purchases 0
£1,275
Excess of Expenditure
over Income
-£353

4

OXFORDSHIRE GEOLOGY TRUST

AGM July 2024

TREASURER’S REPORT for the financial year 2023-24

Balance sheet

The end-year balance totals £14,217 compared to £14,570 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.

Our income of £922 included a Shell Community Kindness Grant of £440 and £362 from the sale of trail guides.

Expenditure was £1,275, including £792 for rent of a storeroom and £296 for insurance costs. Expenditure exceeded income by £353.

Projected cash flow 2024-2025

OGT income next year may be less than £600, whilst expenditure is likely to be more than £1,200. If the anticipated budget shortfall comes from our accumulated existing funds, it will leave an end-year bank balance of around £13,500.

W.T. Horsfield OGT Treasurer

Balance sheet for year ending March 31st 2024

Current Assets
OGT bank account 14,217
Petty cash 0
£14,217
Current Liabilities
Accruals 0
£14,217
Financed by
Balance from previous year £14,570
Deficit this year -353 £14,217

Income and Expenditure for year ending March 31st 2024

Income
Shell Grant 440
Consultancy 100
Donations 0
Trail guide sales 362
Other 20
£922
Expenditure
Rent 792
Insurance 296
Professional services 72
Memberships 115
Purchases 0
£1,275
Excess of Expenditure over
Income
£353

2