Branch Accounts for 2016

General Fund Income and Expenditure Account – year ended 31 December 2016
2016 2015
Income
Branch Funding 154077.92 196,402.68
Investment Income Received 124.72 407.46
Retired Members Subscriptions 330.00 495.00
Other Income 5465.21 9,173.29
Income total 159997.85 206,478.43
Expenditure
Staff Salaries 138007.31 184,682.15
Other administration 19654.17 32,076.19
Honoraria 0.00 5,345.00
Conferences and group meetings 9716.23 9,232.59
Branch Committee 1270.86 1,555.05
Other Meetings 9680.44 8,332.74
Publicity 25.10 1,665.40
Education 2048.66 2,833.33
Donations 0.00 375.00
Affiliations 291.75 326.75
Local Activities 661.32 560.70
Other Expenditure 79.20 0.00
Expenditure total 181435.04 246,984.90
Surplus/ Deficit for the year -21437.19 -40,506.47
General Fund Balance Sheet for the year ended 31 December 2016
2016 2015
Fixed Assets
Equipment, Fixtures & Fittings 500 600.00
Total Fixed Assets 500.00 600.00
Current Assets
Debtors (Third Party) 2958.41 3,333.02
Building Society Balance 0.00 0.00
Bank Deposit Account 35,716.09 55,591.37
Current Account 15187.39 17,932.98
Prepaid Cards 0 776.83
Cash 66.00 74.40
Total Current Assets 53,927.89 77,708.60
Current Liabilities
Third Party 0 2,427.08
National Office Subscriptions 389.04 405.48
Total Current Liabilities 389.04 2,832.56
Net Current Assets 53,538.85 74,876.04
Total Assets 54,038.85 75,476.04
Accumulated Funds
Accumulated General Fund at year beginning 70,805.04 111,311.51
Surplus/Deficit -21,437.19 -40,506.47
Accumulated General Fund at year end 49,367.85 70,805.04
Accumulated Industrial Action Fund 4671 4,671.00
Accumulated Industrial Action Fund at year end 4,671.00 4,671.00
Total Funds at End of the Year 54,038.85 75,476.04
Note. Expected that some of total funds will be re-allocated to UNISON Essex branch during 2017

Comments are closed.