Honorary Treasurer s Report Carolin Ghler - CMLI Royal Charter - PowerPoint PPT Presentation

Honorary Treasurer ’ s Report Carolin Göhler - CMLI Royal Charter number: RC000767. Charity number: 1073396. October 2016 1

actions Strategic Objective 7: A motivated and high functioning staff team with efficient new financial and administrative systems . • In house financial system now working well and efficient • we have committed and experienced members of staff – supported by a complete Finance & Risk Committee • New Strategic Plan underway with new CEO – Dan Cook – to complete within next year. October 2016 2

income + expenditure Financial Years 2005 - 2016 2,500,000 2,000,000 1,500,000 total income LI’s 1,000,000 difficult era total expenditure 500,000 surplus/ deficit 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 -500,000 -1,000,000 • in past year core income remains steady – slightly rising over recent years. • Income £ 2,274,587 (2015: £ 1,922,880 ) • Expenditure steadily rising remaining below income £ 2,164,240 (2015: £ 1,820,311; 2014: £1,689,949) Surplus £ 110,347 (2015: £102,570; 2014: £112,957). • October 2016 3

income in detail Financial Years 2005 - 2016 1,400,000 Membership Subscriptions Registered Practice Fees 1,200,000 Events, Awards, 1,000,000 Competitions, Publications Grants LI’s 800,000 difficult era Pathway 600,000 Advertising Income 400,000 Branch events Rental income 200,000 Other income 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 October 2016 4

annual income Financial Year 2015/16 Branch events Other income Rental income Advertising Income 1% 1% 0% 9% Pathway 5% Grants Membership 16% Subscriptions 51% Events, Awards, Competitions, Publications 9% Registered Practice Fees 8% October 2016 5

expenditure in detail – Financial Years 2009 - 2016 expenditure Staff costs 1,000,000 Financial Year 2014/15 Branch activities Journal and publications 800,000 Pathway direct costs Other direct costs 600,000 Event costs LI’s difficult Audit era 400,000 Legal & professional Depreciation and loss on disposals Committee expenses 200,000 Premises costs Communications and IT 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Bad debt and provision for doubtful debt Other costs October 2016 6 -200,000

Expenditure - detail Note – staff costs now not shown. Financial Year 2014/15 Financial Years 2009 - 2016 Branch activities 500,000 Journal and publications 450,000 Pathway direct costs 400,000 Other direct costs 350,000 LI’s Event costs difficult 300,000 era Audit 250,000 Legal & professional 200,000 Depreciation and loss on 150,000 disposals Committee expenses 100,000 Premises costs 50,000 Communications and IT 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Bad debt and provision for -50,000 doubtful debt October 2016 7

annual expenditure Financial Year 2015/16 Communications Other costs and IT 2% Premises costs 12% 4% Committee expenses 3% Staff costs 43% Depreciation and loss on disposals 1% Legal & professional 4% Audit 1% Event costs 7% Pathway Journal and direct costs publications Other direct costs Branch activities 3% 7% 8% 5% October 2016 8

funds carried forward Financial Years 2005 - 2016 funds carried forward / net asset 2500000 2000000 LI’s difficult Revaluation era of B. Mews 1500000 1000000 500000 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 October 2016 9

Landscape Services Ltd - net profit Financial Years 2005 - 2016 Profit 600000 500000 more accurate 400000 allocation of salaries and 300000 overheads 200000 LI’s difficult 100000 era 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 -100000 -200000 October 2016 10

Pathway – expenditure in detail Financial Years 2005 - 2016 120,000 Pathway – total costs incl all overheads – 100,000 just £1k above cost! 80,000 Pathway - direct income 60,000 Pathway - direct costs 40,000 20,000 LI’s difficult era Note: excludes – 0 staff costs and 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 other overheads. October 2016 11

Royal Charter number: RC000767. summary Charity number: 1073396. In addition achieved: • review of Terms of Reference of • streamlining agendas and improving notes of meetings. October 2016 12

summary Royal Charter number: RC000767. Charity number: 1073396. “The LI has had another successful year. There has been strong financial performance and a comprehensive range of excellent £ activities has been undertaken .“ Quote: LI Trustees 2016 “In our opinion the financial statements: give a true and fair view of the state of the group and Institute ’ s affairs as at 31 March 2016, and of the group ’ s incoming resources and application of resources, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Charities Act 2011 .” Quote: Sayer Vincent LLP - LI Auditors 2016 October 2016 13

actions ? October 2016 14

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