Friends of St James the Great, Treasurer's Report to 2002 AGM

1. The year was again financially very successful. There was an excess of expenditure over income of £19177.92 compared to an excess of income over expenditure of £7154.39 in 2000. If the exceptional payment of £25000 to the PCC towards the restoration of the tower is excluded then a more reasonable year on year comparison shows that there was an excess of income over expenditure of £5822.08 a decrease of £1332.31. The difference can be largely explained as 2000 was an exceptional year year with much higher than average donations and CBF interest

The excess funds have been invested in the CBF until such time as they are required.

	2001	2000	1999	1998
	Profit (Loss)	Profit (Loss)	Profit (Loss)	Profit (Loss)
Subscriptions	£990.00	£1047.00	£1059.00	£1032.00
Donations	£512.22	£1712.50	£282.50	£31.00
AGM	-£30.00	-£35.61	-£36.08	-£40.60
Flower Festival	£2561.59	£2491.12	£2507.48	£2483.93
Quiz Evening	£253.61	£133.34	£268.83	£242.25
Souvenirs	£37.00	£48.00	-£0.35	-£19.45
Sunday Teas	£589.20	£462.42	£566.32	£306.13
Repairs and Maintenance	-£25000.00	£0.00	-£1123.31	-£864.67
Sundries/Miscellaneous	-£21.80	-£4.94	-£9.62	-£10.70
Lottery Registration	-£17.50	-£17.50	-£17.50	-£17.50
Miscellaneous Equipment	£0.00	-£57.13	-£135.36	£0.00
Bank Interest / Charges	-£0.33	£1.21	£3.14	£13.01
Dr R Kent Sponsorship	£0.00	£0.00	£185.00	£0.00
CBF Interest	£948.09	£1373.98	£920.11	£953.60
Total	-£19177.22	£7154.39	£4470.16	£4109.00
Excluding PCC Payment of £25000	£5822.08

The total of £990.00 is a small decrease of £57.00 over 2000. There were 65 paying members and 13 subscriptions from couples who married, or whose wedding was blessed, at St. James during the year.

This sum represents donations, less the cost of refreshments and a contribution towards the running costs of the St. Barnabas Centre.

Donations totalled £512.22 which included £485 in memory of John Abbotson. This was £1200.28 less than in 2000.

The excess income over expenditure for this event remains fairly constant from year to year. In 2001 there was a small increase of £70.47 over 2000. Overall income increased by £461.44 (9.5%) and expenditure by £323.24 (13.8%).

There were increases in the net income for
(a) Painting commission - £118.54
(b) Church collections and donations - £137.09. This included a single donation of £250.00
(c) Refreshments and Ice Cream - £7.25
(d) Church tours - £10.00
(e) Stalls - £17.51

The decreases in net income were for
(a) Raffle - -£9.80
(b) Shop - £110.41
(c) Plants - £ 21.05.

Conversely, the main expenditure changes were
(a) Other expenses, less £10.58. Included here are the St John's Ambulance donation, newspaper advert and organist donation.
(c) Flowers, up £89.24

	2001	2000	1999
	Profit (Loss)	Profit (Loss)	Profit (Loss)
Raffle	£461.80	£471.60	£436.00
Church Collections / Donations	£688.13	£551.04	£721.48
Bell Tower / Church tours	£23.00	£13.00	£43.00
Refreshments	£681.90	£674.06	£692.83
Ice Cream	£67.31	£67.90	£78.89
Shop / Souvenirs	£78.00	£188.41	£215.60
Plants	£229.50	£250.55	£282.50
Flowers	-£556.34	-£467.10	-£470.21
Stalls	£752.25	£734.74	£784.52
St Barnabas Centre (1)	-£120.00	-£120.00	-£120.00
Other Expenses (2)	-£169.80	-£180.38	-£379.73
Painting Commission	£425.84	£307.30	£222.60
Total	£2561.59	£2491.12	£2507.48

Note 1
The payment for the St. Barnabas Centre represents our contribution to the running costs of the building.

Note 2
Other expenses include such items as newspaper adverts, postage and and St John's Ambulance donation.

Another enjoyable and successful quiz evening was held, and the net income was £253.61, including Raffle receipts. This was an increase of £120.27 over 2000. Included in the expenditure is a contribution to the running costs of the St Barnabas Centre.

	2001	2000	Difference
Meals	-£365.00	-£393.90	£28.90
Expenses	-£11.99	-£61.26	£49.27
Hall	-£40.00	-£40.00	£0.00
Tickets	£571.60	£538.50	£33.10
Raffle	£99.00	£90.00	£9.00
Total	£253.61	£133.34	£120.27

The sum of £37.00 was collected from the sale of souvenirs on Sundays when teas were held, £11.00 less than in 2000. There were no new purchases. Receipts from sales at the Flower Festival are included in the income from the shop and are not separately identified.

The sale of refreshments on Sunday afternoons to raise funds was continued from April to October. The net total was £589.20, a welcome increase of £126.78 over 2000. The closure of footpaths because of the foot and mouth restrictions was expected to have had an adverse effect on receipts but this did not materialise.

There was no expenditure on miscellaneous equipment compared to £57.13 in 2000. Expenditure on repairs and maintenance to the Church and Churchyard consisted of a contribution of £25000 towards the restoration of the Bell Tower.