2017 WP GUILD REPORT – HONORARY GENERAL TREASURER’S REPORT

l have pleasure in presenting my report and accounts of the Central Fund and Central Reserve Fund for the year ended 31st December 2016. This being my  first year in the post; I would like to  take this opportunity to thank all those who have patiently answered my questions and given advice.

During the year, it was decided to set up a designated Training and Development Fund, and the Income and

Expenditure Account shows amounts added to this Fund separately from the General Fund. To date, no payments have been made from the Training and Development Fund.

Income from all sources remained steady and income from Districts is shown in the table below. The decision in 2015 to reduce the amount per subscription payable to the Bell Restoration Fund from £4 to £2 has led to an increase in the amounts payable to the General Fund but this increase will not become apparent until the accounts for 2017 are completed.

Total balances at the year-end have increased modestly and are sufficient for foreseeable needs.

District subscriptions were received/as follows:

            2016

           2015

Alton & Petersfield

547.75

585.55

Andover

418.60

408.80

Basingstoke

574.70

598.15

Channel Islands

250.25

171.00

Christchurch & Southampton

592.55

641.55

Isle of Wight

395.85

377.30

Portsmouth

619.50

648.20

Winchester

     907.55

     813.05

 Total

£4,306.75

£4,243.60

Total financial assets held by the Guild are as follows.

2016 2015
Central Fund 2,153.00 2,474.98
Training and Development Fund 692.32
Central Reserve Fund 5,012.07 5,009.55
Districts 18,382.54 16,498.78
Sub Committees 1,072.67 901.26
£27,312.60 £ 24,884.57

R Brandwood

Treasurer

15th March 2017

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