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Last update: Wednesday October 1, 2008 11:48

Report from Trustees of John Robinson Youth Chess Trust

1. Below are the Accounts of the Trust for the period ended 31st August 2007 which have been independently examined by Goatcher Chandler.

2. The Investments are managed by Smith & Williamson.

3. There was a cash surplus on the receipts and payments for account for the period of £6,821.

4. Also attached is a preliminary receipts and payments account for the year to 31/8/08 which has not been independently examined and shows a cash deficit of £1,067 for the period.

5. The annual income of the Trust is in excess of £25,000 and it is the policy of the Trustees that this should as nearly as possible be expended on the objects of the Trust.


David Anderton
For the Trustees

GRANTS AND EXPENSES 1/9/07 - 31/8/08 £
ENGLISH CHESS FEDERATION  
World Junior Ch. 2007 1,250
World Junior Ch. 2008 1,250
European Team Ch. 2007 1,072
European Individual Ch. 2008 500
Oslo 4 Nations Tournament 2008 551
Junior Coaching 3,400
BRITISH CHESS CHAMPIONSHIPS 2008  
Event Support 5,000
Junior Coaching 2,000
JOHN ROBINSON FELLOWSHIP 2008 2,000
GRANTS FOR EVENTS 5,670
OTHER GRANTS 5,240

EXPENSES
700
TOTAL EXPENDITURE 28,633
NET INCOME FOR YEAR 27,566
DEFICIT 1,067
JR Accounts
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