march 2009 - Fitzwilliam College - University of Cambridge
march 2009 - Fitzwilliam College - University of Cambridge
march 2009 - Fitzwilliam College - University of Cambridge
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Income and Expenditure Account<br />
Year ended 31 July 2008<br />
Notes to the accounts:<br />
1. The Society funds the cost <strong>of</strong> printing and<br />
distributing the <strong>Fitzwilliam</strong> Journal to those<br />
past and current members <strong>of</strong> the <strong>College</strong><br />
who are members <strong>of</strong> the Society. Funding <strong>of</strong><br />
this cost is on a ‘pay as you go’ basis, with<br />
subscriptions shown in the accounts being<br />
those received in the period from current<br />
members.<br />
2. The Society’s assets are on loan interest free<br />
to <strong>Fitzwilliam</strong> <strong>College</strong>, to the benefit <strong>of</strong> the<br />
<strong>Fitzwilliam</strong> Society Trust fund at the <strong>College</strong>,<br />
income from which supports a range <strong>of</strong><br />
student and research activities. In the year to<br />
5th April 2008 grants from the Trust totalled<br />
£9,922 (2007, £8,533).<br />
Notes 2008 2007<br />
Income<br />
Subscriptions 1 15267 14747<br />
Donations received 1152 1181<br />
London dinner - surplus 3 228 375<br />
16647 16303<br />
Expenditure<br />
<strong>Fitzwilliam</strong> Journal -14853 -14157<br />
Administrative and other expenses 0 -4<br />
1794 2142<br />
Grant to JMA Billy Day event 0 -250<br />
Surplus for the year 1794 1892<br />
Balance Sheet<br />
At 31 July 2008<br />
Net assets<br />
Loan to <strong>Fitzwilliam</strong> <strong>College</strong> 2 31167 29373<br />
31167 29373<br />
Represented by:<br />
Accumulated fund at 1 August 2007 29373 27481<br />
Surplus for the year 1794 1892<br />
31167 29373<br />
3. The Society realised a surplus on its London<br />
Dinner event, in part because Graham Nutter<br />
generously gifted wine served that evening.<br />
Income for the event totalled £5,963.<br />
Honorary Auditors’ Report<br />
JEREMY PRESCOTT, HONORARY TREASURER<br />
AUGUST 2008<br />
We have examined the Income & Expenditure account<br />
for the year ended 31 July 2008 and the Balance<br />
Sheet at that date together with the records and<br />
vouchers <strong>of</strong> the Society, and confirm them to be in<br />
accordance with those records and vouchers.<br />
J O JENNER, M D POTTER<br />
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