Arun-Adur Group – Treasurer’s Report - Financial Summary 2019 – 2020

The impact of Covid-19 and the cancellation of much of the summer walks programme resulted in reduced expenditure on the main account, and curtailed activities on the social account.

Main Account

Expenditure in the year related to the following areas:

• Cost of holding the 2019 AGM and audit of the 2019 accounts - £90.90
• Admin expenses, postage, stationery and meeting costs - £67.07
• Cost of the walker registration programme for the website - £26.25
• Recce expense reimbursement for walks leaders, including the mince pie walk - £330.00

Total £514.22

Income from Ramblers Area £800.00

Thus, the main account cash balance increased by £285.78 during the year, which added to the funds brought forward from last year resulted in a closing balance of £1,189.95, on 30 September 2020.

Social Fund

The main cash movements in the year were as follows:

• Christmas lunch 2019 – the social fund received £857.00 from members and paid out £698.80 to the Arun View Inn, (having paid an advance deposit of £175.00 in the last financial year). So although there was a small loss on the meal of £16.80, the social fund cash balance increased by £158.20.
• The skittles evening was cancelled in advance of the covid-19 lockdown, all members were reimbursed, and we forfeited our £30 deposit.
• The cost of gifts presented to retiring committee members at the AGM in November 2019 amounted to £79.99.
• Commission income from Ramblers Worldwide Holidays in respect of holidays booked by Arun-Adur members was £190.00.
• Donation from a member £10.00.

As a result of these events the social fund account grew by £248.21 during the year, which added to the funds brought forward from last year resulted in a closing balance of £511.49, on 30 September 2020.

Audit

As required by the Ramblers Association the accounts have been subject to an independent review and have been signed off as giving a fair representation of the Group’s activities for the year to 30 September 2019.

Nigel Paris

Arun-Adur Group Treasurer

19 October 2020