Financial Report, 2018

Financial Report – 2018

Chris Harrison, Treasurer

The last twelve months has seen the amount held in the History Group's bank account to remain static at £2793.71. This takes into account the fact that once again we had to subsidise the coach trip to Ingatestone Hall by almost £95.00. Subscription receipts have been received from 75 members, a reduction of 9, totalling £750.00, and income from non-member receipts & donations £211.53,also a small reduction from last year. Would you please note that website hosting fees for 2017/18, have increased as we have now switched provider and, with thanks to Peter Lavender, we now have a new website. We also have one uncleared cheque to Happisburgh PCC which will have to be accounted for in next year's annual statement.

As with the previous few years we have continued to allow all members free entry to our monthly meetings. As a result, with average attendances still achieving 40+, the nett income from such events has fallen but your committee have agreed to continue with providing free entry for members over the next 12 months. We consider that the subscriptions received will be sufficient to continue this practice, but with the increased payments to speakers and the Methodist Church Hall hire increasing this coming year by 33% we will keep a close eye on funds to decide whether or not we will have to make a small increase in annual Membership fees in the future.

Annual subscriptions for Members will remain unchanged at £10.00 and will be due by the end of December this year, and anybody not renewing by the last day of February 2019 will be removed from the Membership. Renewals can be paid from today, as can any new membership request, and will benefit in being valid until 31 December 2019.

Once again thank you to all Members who renew their membership and support our events throughout the year, without you the History Group would not exist.

Chris Harrison
MLHG Treasurer
17th September 2018