Income

Year

Subs & Donations

Other

Sub Total

Postage

Stationery

Newsletter

Function Subsidy

Other costs + Donations

Write-offs

REA Award

Standard

Standard Bearers Costs

Funerals

Sub Total

Annual Balance

Worth of Account

2001

£ 2,093

£ 200

£ 2,293

£ 114

£ 41

£ 93

£ 461

£ -

£ -

£ -

£ -

£ 14

£ 723

£ 1,570

£ 4,550

2002

£ 2,265

£ 95

£ 2,360

£ 269

£ 105

£ 314

£ 115

£ -

£ 272

£ 115

£ -

£ 20

£ 1,210

£ 1,150

£ 5,700

2003

£ 2,491

£ 88

£ 2,579

£ 308

£ 810

£ 599

£ 991

£ 214

£ 336

£ 175

£ -

£ -

£ 3,433

-£ 854

£ 4,846

2004

£ 2,468

£ 59

£ 2,527

£ 270

£ 495

£ -

£ -

£ 38

£ 504

£ -

£ 474

£ 101

£ -

£ 1,882

£ 645

£ 5,491

2005

£ 3,289

£ 126

£ 3,415

£ 299

£ 982

£ -

£ 110

£ 341

£ 560

£ -

£ -

£ -

£ -

£ 2,292

£ 1,123

£ 6,614

2006

£ 2,800

£ 100

£ 2,900

£ 90

£ 50

£ 750

£ 1,500

£ 1,050

£ 500

£ 150

£ 50

£ 200

£ 25

£ 4,365

-£ 1,465

£ 5,149

2007

£ 2,700

£ 100

£ 2,800

£ 100

£ 130

£ 1,000

£ 550

£ 50

£ 400

£ 150

£ 50

£ 200

£ 25

£ 2,655

£ 145

£ 5,294

2008

£ 2,700

£ 100

£ 2,800

£ 100

£ 130

£ 1,000

£ 550

£ 50

£ 300

£ 150

£ 50

£ 200

£ 25

£ 2,555

£ 245

£ 5,539

Assumptions:

1. The subscription level remains at the current level of £8 pa.

2. There is an increasing % of members paying via Standing Orders.

3. There is an increased popularity of the Newsletter, it is considered to be the priority expenditure by members, continued improvements are therefore planned.

4. All AGM functions to receive a subsidy, relevant to the three year cycle of events.

5. Eventually there is a reduction in the writing off of Debtors, this is in part, the introduction of a more disciplined approach to the control of debtors and the continued introduction of new members.

6. Initially there is an increase in Debtors due to those members over 70, who have not responded to the change in subscription payments.

7. There is an allowance for the cost associated with the transportation of the Standard to events, or to the Standard Bearer.

8. Standard Bearers costs restricted to three events (at £50 pa, but "actuals" to be used).

9. The GEG Support Fund is ring fenced and is considered separately

10. In 2006 £1000 will be donated to the REA Benevolent Fund