|
Although our overall balance remains strong,
the level of donations from cards has declined by around 20% due to a
reduction in the uptake of our cards, in turn reflecting our reduced
marketing. Further evidence of this is shown in the reduced costs of
publicity and postage. However, the donations we received for cards
distributed were sufficient to cover their production costs. Although
the Trust suffered a net loss over the year, this was much less than in
the previous year, during which some computer hardware had to be
replaced. We invite all those making donations for cards to do so
generously, while we address our marketing strategy and our efforts to
increase our income and support.
Scott Gilmore
|
| |
|
Description |
To
March 2003 |
To
March 2002 |
|
INCOME |
|
|
|
Donations/Sales (cards) |
1,284 |
1,601 |
|
Gifts |
702 |
1,082 |
|
Other |
11 |
78 |
|
Total Receipts |
1997 |
2,761 |
|
EXPENSES |
|
|
|
Equipment/Software (note 1) |
423 |
1,953 |
| Internet (note
2) |
217 |
100 |
|
Production |
1,215 |
2,199 |
| Office Supplies |
164 |
22 |
|
Publicity/Postage |
98 |
510 |
| Telephone |
421 |
390 |
|
Rent |
320 |
420 |
|
Legal |
|
|
| Other Expense |
33 |
69
|
|
Total Payments |
2,891 |
5,663 |
| Bank Interest |
250 |
411 |
|
Net
receipts for the year |
-644 |
-2,491 |
| Cash
& Bank balances at 31March 2002 |
|
15,422 |
| Cash
& Bank balances at 31March 2003 |
£14,778 |
|
| Note 1. |
Replacement of Scanner 2002
New grahics computer and printer 2001 |
| Note 2. |
In 2002 more than 50% of our orders came
through the internet. We pay £100 /year to 'Secure Hosting' who provide
us with the facility for online donations. Last year, to improve our
services, we changed our Internet web hosting from 'Easyspace', which was
free, to 'InigoMedia', costing £117 /year |
|
