1. Financial Report & Accounts 31 December 2014
A review of our finances

3. Review Income Costs Movements in total funds
Balance Sheet – value of charity
Summary of 2014
Where are we in 2015?

4. Total Income 2013 v 2014 £k

5. Income £k 2013 v 2014

6. Total Costs 2013 v 2014 £K

7. Charitable Activities 2013 v 2014£k

8. % Split of Costs in 2013 & 2014

9. Other Costs £k
Governance
Bank/Paypal

10. Net movements in total fund £k
Surplus Exc Adj
Accounting Adj
Surplus (Deficit) (2.4) 48.5
Asset Revaluation
Net movement

11. Balance Sheet £k - What are we worth? A snapshot at 31 December
Item
2013
2014
Property at Cost
157
Investment Property
1189
1202
Money owed to us 33 43
Bank Balance
218
233
Money due to others
(43)
(20)
Net Current Assets
207
256
Total Net Assets
1553
1615
Increase
245 62

12. Summary of 2014 Income £887k (Inc one off gifts £103.6k) Costs £839k
Surplus of £48.5k v budget deficit of £116k (before asset revaluation)
Increased net current assets by £49k
Value of total assets increased by £62k
Total funds £1,615k

13. 2015

14. Forecast overall deficit down from £75k to £48k
2015
Giving & tax refund
In Nov 2014 forecast £655k
Forecast now - £681k
Forecast overall deficit down from £75k to £48k

15. 2015
Thank you to all who give so generously
Cost budgets have been issued to budget holders
Annual financial appeal will be in October

16. Auditors or Independent Examiners for 2015
Proposed:
Bloomer Heaven
Birmingham
be re appointed

17. Thank you to the Finance Team
Diarmid Campbell
John Cheatle
Ruth Downing
Marjorie Featherstone
Bill Smith