Friends' financial accounts
What do the latest Friends’ accounts show?
The information below has been extracted from the Financial Statements of the Friends of the Oxford Botanic Garden Limited for the year ended 28 February 2013. Critchleys, one of the leading firms of accountants in the Thames Valley, examined these accounts as Reporting Accountants and issued an unqualified report. Full copies of the accounts can be inspected by Friends in the Garden Office or requested by email from Liz Woolley, the Friends Administrator.
How much money was raised by the Friends in the year?
|
Source of Funds |
2012/13 |
2011/12 |
|
|
£ |
£ |
|
Membership fees |
84,807 |
80,335 |
|
Appeal donations |
0 |
0 |
|
Special events and garden visits, net of related costs |
25,446 |
17,781 |
|
Gift aid tax recovery on fees and donations |
19,414 |
19,802 |
|
Legacy income |
97,226 |
0 |
|
Other donations and grants |
17,579 |
1,938 |
|
Interest on cash deposits |
333 |
867 |
|
Total net income |
244,805 |
120,723 |
How was this income spent and what was left?
|
Use of funds |
2012/13 |
2011/12 |
|
|
£ |
£ |
|
Total net income (as above) |
244,805 |
120,723 |
|
Less newsletter and other communication costs |
(22,345) |
(17,079) |
|
Less administration and governance costs |
(1,050) |
(1,377) |
|
Funds available for distribution as grants |
221,410 |
102,267 |
|
|
|
|
|
Grants made to the Oxford Botanic Garden and Harcourt Arboretum (see below) |
79,500 |
(267,000) |
|
Net (outgoings)income in the year after grants |
141,910 |
(164,733) |
|
|
|
|
|
Reserves brought forward from earlier years |
73,073 |
237,806 |
|
Reserves available at the year end for future grants |
214,983 |
73,073 |
What grants were made during the year by the Friends to the Oxford Botanic Garden and Harcourt Arboretum?
|
Category of grant support |
2012/13 |
2011/12 |
|
|
£ |
£ |
|
Facilities improvement |
6,500 |
217,300 |
|
Staff development |
1,000 |
0 |
|
Plant collection activities |
26,500 |
4,600 |
|
Public education support |
23,000 |
25,400 |
|
Other Equipment |
22,500 |
19,700 |
|
Total grants made to the Garden and Arboretum (as above) |
79,500 |
267,000 |
What assets and liabilities made up the undistributed reserves at the year end?
|
Assets and liabilities at the year end |
2012/13 |
2011/12 |
|
|
£ |
£ |
|
Cash at bank and bank deposits |
221,781 |
82,419 |
|
Less life members’ fees already received, |
(19,225) |
(18,361) |
|
Cash less prepaid life members’ fees |
202,556 |
64,058 |
|
Tax recoverable from HMRC under gift aid |
19,081 |
17,575 |
|
Other assets – sundry debtors and office equipment |
277 |
1,005 |
|
Less amounts due to suppliers and income for next year’s events |
(6,931) |
(9,565) |
|
Total net assets making up the year end reserves (as above) |
214,983 |
73,073 |
How many fee-paying members do we have?
|
|
2012/13 |
2011/12 |
|
Members at start of year |
2,979 |
2,871 |
|
Net joiners(leavers) |
27 |
108 |
|
Members at end of year |
3,006 |
2,979 |