ANNUAL REPORT TO SUPPORT THE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2021:
Total Income declined by just over 40% over the year, unsurprising in that the ability of the Group to go out and earn more income such as through sponsored walks and exhibitions was restricted by the Lockdowns introduced to try and stop the spread of Covid19.
Book sales decreased by just over 3 / 5 to £543.25 and were overtaken by grants received from local Councils to sponsor the publication of leaflets to promote Walks as the Group’s major earner of income at £950 or nearly 57% of annual income.
Book sales were at just under 1 / 3 of annual income. Postage and packing charges on those book sales were at just under 5% of annual income.
However, the total costs of posting and packaging books also declined by just under 80% to £88.70, in line with reduced book sales.
Donations from private individuals and organisations fell by 69% to £45, again reflecting the limitations of Coronavirus lockdowns. However, donations related to Amazon increased from £3 last year to £30.54 this year.
Nevertheless, as the Group was carrying out fewer activities overall expenses also reduced by 41% to £1174.53 where 53% of our expenditure related to publishing books and leaflets to promote Revolution - related walks. £628 was spent on publishing in total of which £300 was on books and £328 on publishing leaflets to promote walks.
However, although Covid19 restrictions of safety and necessity meant the Group could not meet in person, the work of the Group could continue electronically and a Zoom registration overhead of £143.88 was incurred for the first time.
The essential cost of maintaining a web site to remind the world of the 1817 Pentrich Revolution and of the Group’s main purpose of commemorating it remained fixed at £271.
All these transactions meant that the Group achieved a total surplus of £506.26, a fall of 39% from last year.
PENTRICH AND SOUTH WINGFIELD REVOLUTION GROUP, CHARITY REGISTRATION NUMBER 1166940
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 (Unaudited)
| INCOME Book, map, First Day cover and pamphlet and leafet sales Council Grants to sponsor publish 'Walks' Leafets Council Grants for Group Ofce Equipment Other Voluntary group & business & private individual grants and general donations Amazon Donations Talks / presentations by Group members Sponsorship arising from Walks Members' subscriptions and Friendships Merchandising sales: tee shirts; bags, pens, key rings, coasters, tea towels HMRC Gift Aid refunds Postage and packing on sales paid by clients EXPENDITURE Printing and publishing for exhibitions, events and walks Book, postcard, poster, leafet, letter and booklet purchase and publishing Educational resources Web design, hosting, domain renewal and maintenance Exhibition, event and walks display, digital and stationery expenses First Day Cover envelopes Ofce, Accounting & Audit, Administrative, Postage - e.g. of books - and stationery expenses Commissions paid to book publishers Bank Charges Total Expenses Surplus |
2021 | 2021 | 2020 | 2020 |
|---|---|---|---|---|
| (£) | (£) | (£) | (£) | |
| 543.25 950.00 -- 45.00 30.54 -- -- 35.00 -- -- 77.00 |
1360.45 300.00 400.00 146.07 3.00 90.00 360.50 15.00 78.50 47.47 26.60 |
|||
| 328.00 300.00 40.96 270.99 143.88 -- 88.70 -- 2.00 |
1680.7 9 |
20.00 725.00 195.00 270.99 51.96 280.20 431.58 16.00 1.00 |
2827.5 9 |
|
| 1174.5 3 |
1991.7 3 |
|||
| 506.26 | 835.86 |
Notes: 1. All invoiced Value Added Tax is included
- Numerous cash and bank receipts and payments were received and made in April and May 2021 which related to the financial year ended 31st March 2021 and were included in the Income & Expenditure Account for the year ended 31st March 2021. Other receipts and payments relating to the financial year ended 31st March 2022 are to be included in the final accounts for that year.