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Last update: Wednesday October 1, 2008 11:48
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 |
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