Honorary Treasurer s Report Carolin Ghler - CMLI Royal Charter - - PowerPoint PPT Presentation

October 2016

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Honorary Treasurer’s Report

Carolin Göhler - CMLI

Royal Charter number: RC000767. Charity number: 1073396.

October 2016

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Strategic Objective 7:

A motivated and high functioning staff team with

efficient new financial and administrative systems.

• In house financial system now working well and efficient
• we have committed and experienced members of staff – supported by a complete

Finance & Risk Committee

• New Strategic Plan underway with new CEO – Dan Cook – to complete within next year.

actions

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income + expenditure

• in past year core income remains steady – slightly rising over recent years.
• Income £ 2,274,587 (2015: £1,922,880)
• Expenditure steadily rising remaining below income £ 2,164,240 (2015:

£1,820,311; 2014: £1,689,949)

• Surplus £ 110,347 (2015: £102,570; 2014: £112,957).

Financial Years 2005 - 2016

LI’s difficult era

• 1,000,000
• 500,000

500,000 1,000,000 1,500,000 2,000,000 2,500,000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

total income total expenditure surplus/ deficit

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income in detail

Financial Years 2005 - 2016

LI’s difficult era

200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Membership Subscriptions Registered Practice Fees Events, Awards, Competitions, Publications Grants Pathway Advertising Income Branch events Rental income Other income

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Financial Year 2015/16

annual income

Membership Subscriptions 51% Registered Practice Fees 8% Events, Awards, Competitions, Publications 9% Grants 16% Pathway 5% Advertising Income 9% Branch events 1% Rental income 0% Other income 1%

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Financial Year 2014/15

expenditure

LI’s difficult era

expenditure in detail – Financial Years 2009 - 2016

• 200,000

200,000 400,000 600,000 800,000 1,000,000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Staff costs Branch activities Journal and publications Pathway direct costs Other direct costs Event costs Audit Legal & professional Depreciation and loss on disposals Committee expenses Premises costs Communications and IT Bad debt and provision for doubtful debt Other costs

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Financial Year 2014/15

Expenditure - detail

Financial Years 2009 - 2016

LI’s difficult era

Note – staff costs now not shown.

• 50,000

50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Branch activities Journal and publications Pathway direct costs Other direct costs Event costs Audit Legal & professional Depreciation and loss on disposals Committee expenses Premises costs Communications and IT Bad debt and provision for doubtful debt

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Financial Year 2015/16

annual expenditure

Staff costs 43% Branch activities 5% Journal and publications 8% Pathway direct costs 3% Other direct costs 7% Event costs 7% Audit 1% Legal & professional 4% Depreciation and loss on disposals 1% Committee expenses 3% Premises costs 4% Communications and IT 12% Other costs 2%

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500000 1000000 1500000 2000000 2500000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

funds carried forward / net asset

funds carried forward

Revaluation

• f B. Mews

LI’s difficult era

Financial Years 2005 - 2016

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• 200000
• 100000

100000 200000 300000 400000 500000 600000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Profit

Landscape Services Ltd - net profit

more accurate allocation of salaries and

• verheads

Financial Years 2005 - 2016

LI’s difficult era

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20,000 40,000 60,000 80,000 100,000 120,000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Pathway - direct income Pathway - direct costs

Pathway – expenditure in detail

Note: excludes – staff costs and

• ther overheads.

Financial Years 2005 - 2016

LI’s difficult era

Pathway – total costs incl all overheads – just £1k above cost!

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summary

Royal Charter number: RC000767. Charity number: 1073396.

In addition achieved:

• review of Terms of

Reference of

• streamlining agendas

and improving notes

• f meetings.

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“In our opinion the financial statements: give a true and fair view of the state of the group and Institute’s affairs as at 31 March 2016, and of the group’s incoming resources and application of resources, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Charities Act 2011.”

Quote: Sayer Vincent LLP - LI Auditors 2016

“The LI has had another successful year. There has been strong financial performance and a comprehensive range of excellent activities has been undertaken.“

Quote: LI Trustees 2016

£

summary

Royal Charter number: RC000767. Charity number: 1073396.

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actions

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THE END