## **Treasurer’s Annual Report SRPC AGM 15[th] . June 2026** 

1. All annual £1 membership fees due from each trustee for 2026 have been paid by a donation of £10. 

2. The accounts for the Y/E 31[st] . Dec. 25 are as presented to the meeting 2[nd] . March 26 and should be incorporated in this annual report. See below. These were audited by Fiona Liddicoat 

   - note:-  in last year’s report I used figures for “investment income” cf. “total income” 

4. Grants were made as follows. 

      - SRPC 26 (25) £14,800  (£13,175) 

      - Sabbatical 2 (4) £500  (£1,000)  Bereavement 2 (6) £1,200  (£4,200)  Cotter Legacy             24 (29) £10,390  (£12,400)    SRPC Total **£26,890** (£30,775)  Mabledon 20 (19)            £13,250  (£16,250) 

5. Sundry other expenses came to:- 

**£651** (£1,356) 

6. Generally our income, giving and other expenses were slightly lower in 2025 than 2024. The 2024 increase in our capital investments of £23141 was totally wiped out by a **fall of £41472 during 2025.** World events are not entirely to blame and serious questions are now being asked of CCLA by many of its investors. Figures below show the value of our CCLA portfolio from June 2023 to June 2026 


..........Continuing war in Ukraine..........................Tariffs................................................Iran........... 

Our COIF Ethical Fund over the same period has been as dull as ditchwater. 



Andrew Thorburn    Treasurer SRPC 



Y7
?itymJ
>X92rd
COZF COJW
9NJU
￿￿Yj m237
917
976
4L4YI
CQA gw4 k QX7192XI
24J17
25J
28J
Jx)
.4CQ
4X
.IpJ
X*.775
4x1
04)
27.94
32JJ[
26.rn
Xt
IJ>H.4
4.4n
Its4*79
4.4n
1£40*1
lQ)P9J•
KI•ltr￿ed PAI


||Bank Reconciliation 2023|Bank Reconciliation 2023|||
|---|---|---|---|---|
|Opening|||||
|Balance|||||
|01/01/2025|||26,779.20||
|Plus Receipts|Investment, Bank, Other||28,410.22||
|Less||-|||
|Expenditure|Cotter Legacy|10,390.00|||
||Bereavement|-1,200.00|||
|||-|||
||SRPC Encouragement|15,300.00|||
||Sabbatical|0.00|||
||Bank Charges|-61.00|||
||Committee Expenses|-430.39|||
||Admin. Inc.||||
||Stationary|-100.35|||
||Web Site|-59.90|||
||||-||
||||27,541.64||
|Closing|||||
|Balance|||27,647.78|27,647.78|
|||||Correct|







Andrew Thorburn    Treasurer SRPC 

15[th] . June 2026