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AC, 13/08/2008 - Cambridge University Students' Union - University ...

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CAMBRIDGE UNIVERSITY STUDENTS' UNION<br />

NOTES TO THE FmANCUL STATEMENTS<br />

Year ended 30 June 2007<br />

20. FUNDS<br />

At beginning ofyear<br />

Net movement for the year<br />

At end ofyear<br />

£<br />

202,759<br />

(22,928)<br />

179,831<br />

All funds are maintained in the General Fund aCCOunt.<br />

21. OPERATING LEASE COMMITMENTS<br />

At 30 June 2007 the Charity was co=itted to making the following payments during the next year in<br />

respect ofother operating leases:<br />

2007 2006<br />

£ £<br />

Leases which expire:<br />

One to two years<br />

Within two to five years<br />

2,522<br />

2,771<br />

22. RELATED PARTY TRANS<strong>AC</strong>TIONS<br />

During the year the following payments were made by the <strong>Union</strong> to Trustees ofthe <strong>Union</strong> as remuneration<br />

for their services as Sabbatical Officers.<br />

2007<br />

£<br />

2006<br />

£<br />

Mark Ferguson<br />

Ashley Aarons<br />

Dave Ewings/Patrick Leonard<br />

Sam Rose<br />

Luke Pickering<br />

15,000<br />

15,000<br />

15,000<br />

15,000<br />

15,000<br />

Laura Walsh<br />

Jennifer Cooper<br />

Drew Livingston<br />

Victoria Mann<br />

Zengani Je1enje<br />

11,800<br />

11,800<br />

11,800<br />

11,800<br />

11,800<br />

75,000<br />

59,000<br />

17

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