2005/06 accounts

The branch receives 5% of members’ subscriptions to fund running costs and activities. Due to fluctuating numbers of members from one quarter to the next we get different amounts paid into our bank account each quarter. This year we received £1,821.40 and spent £1,166.15.

Not far off half of our expenditure was spent on two social events – the summer barbecue on the beach in Hove in June and the Christmas do at the Cricketers pub in central Brighton.
Both were well attended.

In a nutshell, we started the year (Oct 1, 2005) with £1,536.35 in the bank. That left us, on October 1, 2006 with £2,191.60 – a healthy position and the most we have had in our account since the branch was re-formed in 1998.

The main reason for the increase in amount we have is that several meetings have been cancelled this year due to holidays and a lack of people to run the branch and therefore run meetings. So, fewer monthly newsletters were required and this has saved us money. While we are in a very good financial position, with no one to coming forward to run the branch we are paradoxically close to folding.

INCOME

• Four quarterly payments from NUJ - £1,678.90
• Cheque from V Bridgewater for £77.50 towards cost of ADM accommodation.
• Sundry payment into account - £65

Total - £1,821.40

EXPENDITURE

Branch running costs

• Stamps £324
• Cost of wreath bought for Rowan Dore’s funeral - £45
• Cost of sending an observer (V Bridgewater) to Annual Delegate Meeting £277.50.
  

Total = £646.50

Affiliations and subscriptions

• Trade Union Friends of Searchlight affiliation - £50
• Iraq Union solidarity - £5
• Campaign for Press and Broadcasting Freedom subs 2005/06 - £25

Total = £80

Entertainments

• June barbecue costs £140 – cheque paid to A Colley who bought food and drink
• Christmas party booze bill - £299.65 – cheque to A Colley who paid bill on his debit card.

Total = £439.65

Branch total expenditure for period October 1, 2005 to September 30, 2006 = £1,166.15

A Colley, treasurer