Accounts 2013

Income from 1st April 2012 to 31st March 2013

Our largest single type of income was individual contributions. We raised just under 40% of our income this way in the 2012-13 financial year. Our remaining income came from grants ( 35%); commercial income, including Rodell Properties Ltd ( 20% ); and legacies (5%).

Although our income fell in 2012-13, once again the generosity of our members proved to be unflagging. Our largest single type of income was individual contributions. We raised just under 40% of our income this way in the 2012-13 financial year. Our remaining income came from grants ( 35%); commercial income, including Rodell Properties Ltd ( 20% ); and legacies (5%).

Grants

In the 2012-13 financial year we gratefully received almost £150,000 in grant income. So far this current year we have been awarded new grants totalling £20,000.  For their kind support of our work, we thank the City Bridge Trust. The Esmee Fairbairn Foundation, the EU’s Grundtvig programme, the James Madison Trust, the Joseph Rowntree Charitable Trust, the Joseph Rowntree Reform Trust and the Millfield House Foundation.

Legacies

We continue to be generously supported by members who left us a legacy in their will and received £20,000 in legacies in 2012-13. Should you wish for more information concerning legacies then please contact our office.

Expenditure

We spent approximately £524,000 in 2012-13. Chantrey Vellacott will be issuing their independent assurance report on our accounts, which will be available from November 2013. We have also restructured the organisation to ensure that we are on a firm financial footing going forward.

We extend once again our sincere thanks for this year’s vital contributions to our fight for a fairer democracy; and whatever the size of donation we received we are most grateful for all the support you gave us.