Treasurer’s ReportRalph Tingle

ANNUAL GENERAL MEETING 2012

What it covers

Financial results for 2011

How we compared to similar charities

Balance Sheet and Investments

Latest Position for 2012

Reserves

Conclusion

Original Budget for 2011

 National

Programmes Local Groups Total

  £’000 £’000 £’000

Income 16,854 3,600 20,454

Expenditure (21,983) (2,800) (24,783)

Surplus/(Deficit) (5,129) 800 (4,329)

Overall Position for 2011

 National

Programmes Local groups Total

  £’000 £’000 £’000

Income 17,982 3,941 21,923

Expenditure (20,867) (2,814) (23,681)

Surplus/(Deficit) (2,885) 1,127 (1,758)

Gain / (loss) on Investments 268 (2) 266

Transfer of Funds 1,773 (1,773) - 

Net (Deficit) (844) (648) (1,492)

2011 - How each £1 was earned

£21.9m

Legacies 44p

Donations and Membership 42p

Trading and Events 10p

Investment income 2p

Grants and other income 2p

2011 – Where each £1 came from

£21.9m

Local Groups 18p

National Programmes 82p

2011 - How each £1 was spent

£23.7m

Friendship and Support 31p

Information 23p

Research 20p

Cost of generating funds 18p

Campaigning 6p

Governance costs 2p

Expenditure by type (£m)

0

5

10

15

20

2011 2010 2009 2008 2007

Governance Charitable Expenditure Cost of generating funds

£m

Expenditure compared to similar charities

0%

20%

40%

60%

80%

100%

Parkinson'sUK (2011)

Parkinson'sUK (2010)

MS Society Diabetes UK MNDA Alzheimer's

Other Charitable expenditure Cost of generating funds

Return on fundraising compared to similar charities

0

1

2

3

4

5

6

Parkinson'sUK (2011)

Parkinson'sUK (2010)

MS Society Diabetes UK MNDA Alzheimer's

£1 spent on fundraising generates....

£

Balance Sheet at 31 Dec 2011

£’000

Buildings / other tangible fixed assets 2,407Investments and short term cash deposits 21,045

23,452Cash at hand 6,496Amounts owing to us 1,410 Amounts owing or committed by us (14,250)NET ASSETS = RESERVES 17,108

Investments

0

5

10

15

20

25

30

2008 2009 2010 2011 Jul-12Year End

£m

Other

Shares

Bonds

CashFunds

CashDeposit

Latest Position for 2012

  BudgetLatest

Forecast

  £’000 £’000

Income 23,576 23,545

Expenditure (27,000) (26,922)

Deficit (3,424) (3,377)

Gain / (loss) on Investments 175 175

Net Deficit (3,249) (3,202)

Latest Forecast of Published Reserves

 National

Programmes Local groups Total

  £’000 £’000 £’000

Balance 31/12/10 11,245 7,355 18,600

Movement in 2011 (844) (648) (1,492)

Balance 31/12/11 10,401 6,707 17,108

Forecast Movement 2012 (2,702) (500) (3,202)

Forecast 31/12/12 7,699 6,207 13,906

Number of months spend held in reserves

0 5 10 15 20 25 30 35

2012

2011

2010

National Programmes Local Groups

Year

Months

forecast

Conclusion

Income continues to grow – and beat expectations

Increased investment in core activities continues

Performing well compared to similar charities

Reserves reducing but pressures remain to address high levels of local reserves

Approval given to the Financial Statements by Crowe Clark Whitehill LLP

Financial Statements require adoption by Annual General Meeting

Any questions?

ANNUAL GENERAL MEETING 2012