## Treasurer’s Report 

## SERV Surrey & London 

## Year ended December 2023 

## **Asset Value** 

Total assets as at December 2023 were valued as follows: 

Cash in bank accounts  £123.3k Fleet Valuation £129.2k Non-Fleet assets                  £5.8k -----------Total £258.3k 

This represents and increase of £12.9k in cash and £16.7k in fleet value year to year, increasing the overall asset position of SERV by £29.6k year to year. 

## **Income** 

Total income was £89.8k which was an increase of £5k year to year.   £46k was raised through fund raising events, £17.5k from donations/ collections, £16.4k from sale of vehicles and £5.6k from Air Ambulance.   This represents huge effort and generosity of both members and the public and for which the Charity is extremely grateful.  The largest contributions were per below but all contributions, no matter how small, are appreciated. 

- £28.6k raised through Unilever’s Great Walk. 

- £16.4k from sale of vehicles (Lynn, Mason, Satoshi and Toothless). 

- £5.6k from KSSAA (Air Ambulance) 

- £4.5k helmet park at MCN 

- $4k Chantries Rotary 

## **Expenditure:** 

Total expenditure was £74.8k. This included capital spend of £42k on the purchase of Phoebe, the new van,  and on Marty, the new electric zero.   Operational spend was £32.4k of which £23.8k was spent on the operational management of the fleet including maintenance, insurance and petrol.  The remaining operating expenditure was primarily spent on IT and telephony. 

## **Summary** 

The financial position of SERV Surrey and London remains healthy with significant increase in both fixed and liquid assets.  The charity has re-appraised the reserve requirement reducing 



it from £60k to £30k.  This provides cover of c12 months operational spend with additional cover from sale of fleet vehicles in the event of a full crisis. 

## **Thanks** 

My sincere thanks are due to to Sarka Green for her indefatigable support with maintaining the ledger and raising payments. 

In addition, let me repeat our thanks to members and the public for all you do to operate and financially support the charity.  We couldn’t be here without you! 

## **And Finally…** 

Please do not hesitate to contact me to ask any questions about our finances.   This is a member driven charity and everyone is welcome to understand the income and expenditure activities and status. 

Rona Collins 

09-07-2024 



## **SERV Cash Balances £** 


## **Fleet Asset Value £** 

|**Fleet Asset Value £**||
|---|---|
|MICHAEL LAND ROVER  GX15EGJ|8,999|
|PHOEBE FORD TRANSIT YX17WBP|16,664|
|JAN CITROEN DS3 RE16YRF|4,900|
|KEYSTONE TRIUMPH TIGER LB66UDT|4,350|
|LOUIS TRIUMPH TIGER LF66OWU|4,560|
|SPEEDY BMW F800GT GX68NPO|5,200|
|MARK YAMAHA FJR1300 LG66OHS|5,500|
|MARY ANN YAMAHA FJR1300 LG67DFX|5,500|
|MASON YAMAHA FJR1300 LG18BLN|6,100|
|POLLY YAMAHA FJR1300 KN19RHZ|7,200|
|CEDAR TREE YAMAHA FJR1300 KR20UYO|8,500|
|BOLT ZERO MOTORCYCLES (EV) LD71YVU|12,494|
|SIMON ZERO MOTORCYCLES (EV) LB22KTP|14,995|
|MARTY ZERO MOTOCYCLES (EV) LG73OOC|23,700|
|TRAILER<br>Total|500<br>129,162|





## **SERV Surrey & London Yearly Report 01.01.2023 - 31.12.2023** 

## **INCOME & EXPENDITURE** 

|**INCOMING Payments**|**INCOME**<br>2,445.73<br>£<br>Collections<br>52,313.75<br>£<br>Donations<br>11,460.81<br>£<br>Marketing Events<br>355.66<br>£<br>Interest<br>14,250.00<br>£<br>Asset Sale<br>1,169.25<br>£<br>Uniforms Sale<br>-<br>£<br>VAT<br>182.61<br>£<br>Other<br>13,022.80<br>£<br>contra<br>1,226.76<br>£<br>96,427.37<br>£<br>**EXPENDITURE**<br>15,535.20<br>£<br>Fleet<br>2,182.09<br>£<br>Sales & Marketing<br>317.06<br>£<br>Membership<br>General<br>41,539.93<br>£<br>Asset Purchase<br>8,618.95<br>£<br>Insurance<br>1,968.52<br>£<br>IT<br>76.16<br>£<br>Finance<br>549.65<br>£<br>HQ<br>13,022.80<br>£<br>contra<br>83,810.36<br>£<br>70,787.56<br>£<br>2,874.08<br>£|2,445.73<br>£<br>52,313.75<br>£<br>11,460.81<br>£<br>355.66<br>£<br>14,250.00<br>£<br>1,169.25<br>£<br>-<br>£<br>182.61<br>£|
|---|---|---|
|Collections<br>Donations<br>Marketing Events<br>Interest<br>Asset Sale<br>Uniforms Sale<br>VAT<br>Other<br>Fund Transfers<br>SSL Transfers<br>**OUTGOING Payments**|||
|||82,177.81<br>£|
|||15,535.20<br>£<br>2,182.09<br>£<br>317.06<br>£<br>-<br>£<br>41,539.93<br>£<br>8,618.95<br>£<br>1,968.52<br>£<br>76.16<br>£<br>549.65<br>£|
|Fleet<br>Sales & Marketing<br>Membership<br>General<br>Asset Purchase<br>Insurance<br>IT<br>Finance<br>HQ<br>Fund Transfers|||
|||70,787.56<br>£|
||||





I have examined the accounts and records presented to me and can confirm this are in good order. I would recommend that VAT is shown as a separate item of expenditure as this will be reclaimed. The amount repaid can then be shown as negative expenditure when received. This will show the true costs of the organisation. 


Susan Stapleford Pink BSc FCMA CGMA 27th October 2024 



## **SERV Surrey & London Yearly Report 01.01.2023 - 31.12.2023** 

## **INCOME & EXPENDITURE** 

|**INCOMING Payments**|**INCOME**<br>2,445.73<br>£<br>Collections<br>52,313.75<br>£<br>Donations<br>11,460.81<br>£<br>Marketing Events<br>355.66<br>£<br>Interest<br>14,250.00<br>£<br>Asset Sale<br>1,169.25<br>£<br>Uniforms Sale<br>-<br>£<br>VAT<br>182.61<br>£<br>Other<br>13,022.80<br>£<br>contra<br>1,226.76<br>£<br>96,427.37<br>£<br>**EXPENDITURE**<br>15,535.20<br>£<br>Fleet<br>2,182.09<br>£<br>Sales & Marketing<br>317.06<br>£<br>Membership<br>General<br>41,539.93<br>£<br>Asset Purchase<br>8,618.95<br>£<br>Insurance<br>1,968.52<br>£<br>IT<br>76.16<br>£<br>Finance<br>549.65<br>£<br>HQ<br>13,022.80<br>£<br>contra<br>83,810.36<br>£<br>70,787.56<br>£<br>2,874.08<br>£|2,445.73<br>£<br>52,313.75<br>£<br>11,460.81<br>£<br>355.66<br>£<br>14,250.00<br>£<br>1,169.25<br>£<br>-<br>£<br>182.61<br>£|
|---|---|---|
|Collections<br>Donations<br>Marketing Events<br>Interest<br>Asset Sale<br>Uniforms Sale<br>VAT<br>Other<br>Fund Transfers<br>SSL Transfers<br>**OUTGOING Payments**|||
|||82,177.81<br>£|
|||15,535.20<br>£<br>2,182.09<br>£<br>317.06<br>£<br>-<br>£<br>41,539.93<br>£<br>8,618.95<br>£<br>1,968.52<br>£<br>76.16<br>£<br>549.65<br>£|
|Fleet<br>Sales & Marketing<br>Membership<br>General<br>Asset Purchase<br>Insurance<br>IT<br>Finance<br>HQ<br>Fund Transfers|||
|||70,787.56<br>£|
||||





I have examined the accounts and records presented to me and can confirm this are in good order. I would recommend that VAT is shown as a separate item of expenditure as this will be reclaimed. The amount repaid can then be shown as negative expenditure when received. This will show the true costs of the organisation. 


Susan Stapleford Pink BSc FCMA CGMA 27th October 2024