Annual Report 2008-9 - The British School at Rome

S TATEMENT OF F INANCIAL A CTIVITIES
for the year ended 31 March 2009
Income and Expenditure Notes Total Funds Total Funds
Unrestricted Restricted Year Ended Year Ended
Funds Funds 31 March 2009 31 March 2008
INCOMING RESOURCES:
Incoming resources from generated funds
Voluntary income
£’000 £’000 £’000 £’000
Grant from the British Academy 1,065 - 1,065 1,038
Other grants, donations and legacies 2 386 2,266 2,652 3,471
Subscriptions
Activities for generating funds
20 - 20 9
Appeal income 3 - 9 9 14
Other income 40 - 40 44
Investment income
Incoming resources from charitable activities
4 64 58 122 92
Publications 22 - 22 27
Residential income 5 388 - 388 328
Other income
Other incoming resources
56 - 56 185
Exchange gains/ (losses) (22) 345 323 223
TOTAL INCOMING RESOURCES 2,019 2,678 4,697 5,431
RESOURCES EXPENDED:
Costs of generating funds
Costs of generating voluntary income 6 - - - 2
Charitable activities 7–9 2,061 1,834 3,895 3,539
Governance costs 10 55 - 55 51
TOTAL RESOURCES EXPENDED 2,116 1,834 3,950 3,592
Net (outgoing)/ incoming resources before other recognised (97) 844 747 1,839
gains and losses
OTHER RECOGNISED GAINS AND LOSSES
Realised (losses)/ gains on investments 13 - - - 24
Unrealised (losses)/ gains on investments 13 (391) (45) (436) (149)
Net movement in funds (488) 799 311 1,714
Opening funds 2,411 2,416 4,827 3,113
Total funds carried forward 1,923 3,215 5,138 4,827
The notes on pages 46 to 50 form part of these financial statements.
The statement of financial activities is prepared on the basis that all activities are continuing.
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