19.11.2018 Views

Smart Works Trustees' Report for the year ended 31 March 2018

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Where does our money come from?<br />

O<strong>the</strong>r Activities<br />

18%<br />

Investment<br />

0%<br />

Individuals<br />

3%<br />

Trus ts and Foundations<br />

32%<br />

Corporate<br />

34%<br />

Nesta<br />

13%<br />

Investment Trusts and Foundations Nesta Corporate Individuals O<strong>the</strong>r Activities<br />

Where does our money go?<br />

Administrative expenditure , 3%<br />

Expenditure on raising funds, 4%<br />

Property related expenditure, 24%<br />

Staff related expenditure, 49%<br />

Payment to licensees , 17%<br />

O<strong>the</strong>r direct expenditure, 3%<br />

TRUSTEES’ ANNUAL REPORT 13

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!